Why Are Democrats Hurtling The United States Towards A Stock Market Crash?

Why Are Democrats Hurtling The United States Towards A Stock Market Crash?


Since March 2020, $5.9 trillion in so-called relief spending authorized by Congress, as well as $3.3 trillion in quantitative easing from the Federal Reserve, has been pumped into the U.S. economy. America’s pandemic response resulted in 22 million jobs lost in a matter of months, and we still have 10 million fewer jobs than before March of last year.

The fiscal and economic repercussions of going from stronger than expected job and wage growth in January 2020, with an unemployment rate of 3.6 percent nationally, to toilet paper shortages and monthly stimulus checks has created an unforeseen bubble of monumental proportions. Wall Street is dancing with moral hazard, with one out of every five dollars being “created” by the Federal Reserve in the past year leading to a record-high $822 billion in margin debt and margin debt as a percentage of gross domestic product

Trending: Marine Who Stopped Robbery Ends A Fox News Interview By Saying “Epstein Didn’t Kill Himself”

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend