Reality states we are there and heading into a full fledge depression.
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Yes most would agree that we are in a recession based on the traditional definition of one. but we’re not in the grips of a deep and serious recession yet. I should have put it differently.
That acknowledged, I believe this Fed will do literally anything to prevent this country from sliding into a depression. It will go to manipulative lengths we never thought possible if it has to. I mean, who ever thought it would have a $9 trillion balance sheet? That shows the lengths of how far it will go to rescue a faltering economy.
Fed will not stop the coming depression - it's not their agenda.
It’s NOT incompetence.
It’s intentional.