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BIDEN ECONOMY: Biden Wiped Out $10 Trillion of Americans’ Wealth – 2022 Saw Worst Bond and Equity Losses Since 1871

By Joe Hoft
Published January 1, 2023 at 3:40pm
416 Comments



Steve Cortez was on the War Room on Friday where he discussed the destruction of the US economy under Joe Biden in 2022.
Biden wiped out $10 trillion in America’s wealth in 2022. This is record-breaking destruction.

Steve Bannon rolled out the chart from earlier in the week that shows what an outlier 2022 was when compared to prior years.



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2022 was the worst year for stocks and bonds combined since 1871 (which is like six years after the end of the Civil War).
These numbers are shocking, staggering, and unheard of.

No wonder Americans are walking around wondering what happened to their net worth.
Cortes shared with Bannon in the interview below how most years, the US is in the upper right quadrant of the chart above. This is where you want to be.
In 2022, Biden took America into the basement and the $1.7 trillion package just signed hasn’t been factored in yet.
“This is what Joe Biden has done to this country.”



BIDEN ECONOMY: The DOW Incurs Worst Year Since 2008, NASDAQ Incurs Worst Year Ever – If You Add in Bonds, It’s the Worst Year Since 1871!
The US Stock market under Joe Biden ended 2022 on its worst year since 1871! Money reports today that the DOW had its worst year since 2008: U.S. stocks ended lower Friday, booking their worst annual losses since 2008, as tax-loss harvesting along with anxieties about the outlook for corporate profits and the U.S. consumer … Continue readingBIDEN ECONOMY: The DOW Incurs Worst Year Since 2008, NASDAQ Incurs Worst Year Ever – If You Add in Bonds, It’s the Worst Year Since 1871!

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BIDEN ECONOMY: Biden Wiped Out $10 Trillion of Americans' Wealth - 2022 Saw Worst Bond and Equity Losses Since 1871 (thegatewaypundit.com)