Let’s Get Ready To Stumble (Into Recession)! Gasoline Prices UP 89% Under Biden, WTI Crude Oil UP 115% (As REAL Wage Growth Declines)

#bubble, #inflation, Bank of Japan, Banking, Bernanke, Cryptocurrencies, Currency, ECB, Economy, Existing Home Sales, Fed, GDP, Gold, Housing, Inflation, Jobs, Mortgage, Natural Gas, Oil, Powell, russia, SPX, Stocks, Trade, Treasuries, Treasury, Uncategorized, Wages, Yellen 1 Minute

Let’s get ready to stumble!

Seriously, with soaring energy prices and soaring EVERYTHING prices (except for real wage growth), it is difficult to see how the US will avoid a recession.

Yes, everything is seemingly rising in price, yet REAL average hourly earnings growth keeps falling. Rising price + declining real earnings growth = eventual recession.

So, let’s get ready to stumble … into recession.

Published by confoundedinterest17

Published

2 thoughts on “Let’s Get Ready To Stumble (Into Recession)! Gasoline Prices UP 89% Under Biden, WTI Crude Oil UP 115% (As REAL Wage Growth Declines)”

  1. Pingback: Let’s Get Ready To Stumble (Into Recession)! Gasoline Prices UP 89% Under Biden, WTI Crude Oil UP 115% (As REAL Wage Growth Declines) – Confounded Interest – Anthony B. Sanders - david green bank
  2. Pingback: The News of Today is the History of Tomorrow May 18, 2022 - The Triggered Patriot

Comments are closed.