1y ago

The Fed may have no choice but to tip the US into recession, economist says

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Have they ever tried to make companies...pay taxes?
- Companies, millionaires, churches (especially those involved in politics), any number of individuals the government seems to value over typical American citizens?
Oh weird, the investment bank that this "economist" works at doesn't call him an economist.
https://capitalmarkets.bmo.com/en/our-bankers/ian-lyngen/
It calls him "Head of U.S. Rates Strategy in the BMO Capital Markets Fixed Income Strategy team"
Weird, right?
By the way, would that be the same BMO as this BMO? I'm just curious...
https://www.advisor.ca/industry-news/industry/bmo-takes-1-1-billion-provision-on-u-s-ponzi-scheme-ruling/
The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
We've all known its a recession for at least two years now, they just don't want to say it out loud.
At the same time 'Suicide is on the rise for young Americans, with no clear answers' https://www.bbc.com/news/world-us-canada-68782177
We really need to juxtapose headlines more.
There's a common theory that inflation and unemployment have an inverse relationship, and for inflation to come down, unemployment has to go up. :(
https://www.investopedia.com/ask/answers/040715/what-happens-when-inflation-and-unemployment-are-positively-correlated.asp
https://www.forbes.com/advisor/investing/inflation-and-unemployment/

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