Morgan Stanley’s Chief U.S. Equity Strategist Michael Wilson said that he’s convinced a corporate earnings recession is coming—and that it could be worse than a “normal” recession. More
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The Stirling pound crashed last night and the Bank of Australia went insolvent on Saturday. Hang on it will get worse. TPTB are crashing everything for the great reset.
Its MUCH FUCKING WORSE.
Corporations are NOT STUCK with unsold inventory.
The are stuck with NO INVENTORY!
In A distressed company, Unsold inventory FALLS in price & consumers can get a deal at a time when they have less money.
In A Fuck-All on the shelf recession PRICES STAY HIGH because there is nothing to mark down in price.
Proof: TRY TO BUY A WORK VAN!
What’s Worse Than “A Normal Recession?
How ’bout a two inch recession?
A recession that hits the wealthy too?
a ‘normal’ recession is one they can blame on republicans
As far as I’m concerned having some of these big Cooperation feel the hurt is the best thing for them. Especially the one that think they have some sort of moral authority over us. Since when do private companies weigh in on things like gun rights? Abortion rights? I have an idea, shut the fuck up and pay attention to YOUR business. You know, profitability, efficiency, shit like that and quit weighing in on crap that doesn’t concern you.
What Brad said.
Also, keep in mind that as bad as the effect of ‘Biden’ administration in tanking US economy, it is somehow worse in nearly every other country. That really takes some work.
It’s called a depression 2.0
But don’t worry the government is going to help.
Oh boy, everything costs twice as much and now I can watch my retirement savings evaporate too. Thanks Joe, you drooling idiot.
Yes, bad times make strong men and strong Corporations.
What’s coming is the six inch recession that Jackass Joe intends to fuck the nation with!!