Article Image

IPFS News Link • MEDIA (MainStreamMedia - aka MSM)

Are These Mainstream Media Reports On A Looming Recession A Political Ploy?

• https://www.zerohedge.com, by Daisy Luther

For years, we in the alternative media have been warning our readers to look out because we never really recovered from the 2008 "Great Recession." We've said, "The collapse is already here" only to be blown off by the mainstream as kooks. "Don't worry," they said. "Everything is fine," they said."

Only in the past year has talk of recession begun to break out, and only in the past couple of weeks have outlets become aggressive in pushing the notion that a financial crash is just around the corner. The reality is that if one removes the illusory support of central bank stimulus, our economy never left the "Great Recession" of 2008. (source)

This is not to say our economy is in good shape – anyone paying attention knows that we've had bad signs for the economy for years, such as stores closing and people being unable to pay their bills. However, as the 2020 election draws near, it's certainly politically convenient to announce the advent of another recession.

What evidence is there of an economic crisis?

There are all sorts of things going on right now that would make even the most steadfast non-worrier break a sweat. Michael Snyder outlined 11 of them in this article, but four in particular, are of note.


PirateBox.info