President Biden stops oil in Alaska, and tweets about it
(twitter.com)
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That's cute, you think the Fed will engineer a recession with piss-weak 5% rates when interest on the national debt is nearing $1,000,000,000,000.00 and the world is seeking alternative payments to the Dollar after watching the US seize Russia's foreign reserves.
To illustrate, tax receipts for 2022 was 4.9T dollars; that's 1/5 of taxes just servicing the debt, before the federal government even pays for shit like the military or gibs for the gibsmedats. On top of that, the feds can't even stay on budget with constant deficit spending and (now suspended) debt-ceiling raises.
Nothing short of austerity or a crippling, capital-D Depression will fix this shitheap of an economy. However, HYPERINFLATION is always on the menu.