“Economic Crash Is DEFINITELY Coming!”– Says Ex-Blackrock Fund Manager Ed Dowd

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[IronskullGM]

Blackrock should be broken up under anti-trust.

[TCBoggs]

I can just imagine Klaus Schwab rubbing his hands together saying "Yes! My plans to enact the Great Reset are complete!"

[blyderek]

Call it what you want, we're entering year 4 of a Depression.

[garyweston]

Six figure tech job. 26 yrs. Layoff. To Uber driver. Can't find work in field for 9 months. Hit and run on the car. Insurance won't cover it. I can't Uber until car is fixed. I don't have the $2-3k for car rapairs. My kids have a mother in chemo. Oh look a heating system failure today! Oh look, an economic collapse ahead! We will get through this darnit.

[colinforsecs]

I got it! Just came to me! We can stop the financial crisis if all the top 1 percent put back the money they stole during the pandemic!

[JayWalsh]

How to be an economic forecaster:
1. Spend years saying a collapse is right around the corner.
2. Once the collapse finally happens, say, "See, I told you so."

[morgansofia]

The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?

[gar]

This dude knows exactly what’s going on. It’s all by design

[jellyc]

Coming? Been experiencing it under Biden for 4 years lol.

[hawkstergold]

My father lived through the Great Depression. His estimate of unemployment was 40 to 50%. I'll take my father's estimate. Government figures are always bullshit.

[Dolemite]

Basically it's been a lot of cooking the books 📚

[beguileme]

We have BEEN in a Recession for over 2 years! Yellen just wanted to keep her boy in office. Read the stats.

[Dani-Innit]

Coming? As in Not here yet? 😂 Man, the working class has been feeling the squeeze for awhile now. Some have even lost everything. Its not Coming its here, been here.

[gar]

It’s all by design, DIGITAL CURRENCY is what is coming from the owners of the world.

[dannydandaniel]

The only two thriving businesses here in SF are the homeless industrial complex jobs, and a small ultra wealthy group that run open a.i. All other jobs have disappeared, a long with the people.

[john.norris]

it's a good thing i'm used to being broke, i've nothing to lose
thanks brandon

[mr.pritchard]

...so more transfers of wealth can happen.

[misterocasey]

The propped up economy was obvious by the number of people sleeping under bridges and working 2 - 3 e jobs (like Uber and grubhub) just to make ends meet.

[eduardomaxwell]

Commercial real estate loans reaches maturity 2024/2025 the amount of empty commercial units is mind boggling how is they are going to be paying the loans when it's empty the delinquency rate is steadying increasing.

[TheJeffbarrett]

What? Janet Yellen said it was temporary