RANDOM THOUGHTS G 1a

LIFE IS A GAME OF CONNECT THE DOTS, IF YOU DON'T CONNECT ALL THE DOTS OR DON'T CONNECT THEM IN THE RIGHT ORDER YOU NEVER GET THE PICTURE RANDOM THOUGHTS G 1a Back in February of 2020 I wrote about the upcoming epidemic and its economic and financial consequences, I was mostly right, about 95 percent in what I had predicted. The US government had not yet declared the disease a major event yet, nothing to worry about it was said even a week later. But it was it did affect the economy in every way I predicted. I had repsoted that article a couple of months ago, again. I was against arming Ukraine and enticing the Russians, inviting and prodding them to invade, in mid January I posted a meme I made, "Don't Poke The Bear" I said. We did, and we see the consequences, whether Ukraine is winning or not, Putin is not done, and we are not going to shame him into quitting. It could get a lot worse, let's hope it doesn't, for the children and grand children's sake, yours and mine. So anyway, the life goes on. Are we in a recession or not? The news says that the GDP is down, for the second consecutive quarter, but no we are not in a recession. The stock market was up, yesterday and today as well, the interest rates went up and the stocks did also, that has happened before. Here it is from one horse's mouth "People also ask What happens to markets when interest rates Rise? Higher interest rates can also make investors more likely to sell their stocks, which affects the market overall. The more people sell, the lower stock prices dip. Falling stock prices often cause people to panic-sell, pushing prices down even further.4 days ago https://www.fortpittcapital.com › blog" So what is happening? Who knows. There are many variables, but don't look, There is the higher interest rates, it makes it difficult to buy a home, to remodel, to buy a car and to pay off your credit card debt or a student loan. With higher interest rates you need more money to pay off the debt and you have less money for buying other things. That reduces consumption and thus retail sales. Add to that the inflation penalty, you need more money to buy fewer goods, the retailers raise the prices even more to keep their profit margins and also to pay more for the labor. Employment goes down as the sales do, fewer people working means that the working people don't have money to spend, (proves my point the rich don't really create jobs, the poor do). Then we have the Ukraine war and non availability of grains and fertilizers, not to mention higher cost of natural gas to run the European factories, prices of imports (when and if available) go up also. And the climate change, unpredictable crops, forest fires, lower river shipping capacity all create problems for the supply chain, from food, to lumber to raw materials. Power generation goes down as rivers dry, what else? How many can survive living off the grid, for how long? We are in a recession, and it could get worse, it could be deeper and long lasting. What politicians do you believe can fix it, don't fool yourself. How? Please! I WILL WRITE MORE M. N. R. 29 JULY 2022