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  1. #1
    Senior Member Airbornesapper07's Avatar
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    Germany’s Deutsche Bank Becomes First Major Bank to Forecast Biden Recession



    On Tuesday Germany’s Deutsche Bank Becomes First Major Bank to Forecast Biden Recession

    By Jim Hoft
    Published April 5, 2022 at 4:56pm
    214 Comments



    One month ago, as The Gateway Pundit reported at the time, there were signs that the economy was moving into a recession.
    The signs continue to show a slowing of the US economy under Joe Biden.

    The IHS Monthy GDP Index shows the US GDP has decreased from last October 2021’s high. Simply put, the US economy is decreasing, not growing.


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    Not only is the US heading into a recession, but inflation is also at either all-time or 40-year highs.


    American Households Face $5,200 Biden Inflation Tax This Year – San Fran Fed Blames Historic Inflation Rate on Government Spending
    Two big stories broke today on the inflation front. As you are well aware, the US is seeing its highest inflation rate in 40 years with no end in sight. In response to the record inflation Democrats want to spend more money. The current inflation rate stands at 7.9% On Wednesday Bloomberg reported that the … Continue readingAmerican Households Face $5,200 Biden Inflation Tax This Year – San Fran Fed Blames Historic Inflation Rate on Government Spending

    The Gateway Pundit


    What a mess Biden has made of this economy in just one year. And it looks like there are more difficult days ahead.
    Germany’s Deutsche Bank became the first major global bank to forecast a Biden recession.
    Forbes reported:
    An increasing number of Wall Street experts are now forecasting a possible economic downturn on the horizon, with alarms growing louder after the widely-observed yield curve inverted last week and indicated a looming recession.
    Deutsche Bank on Tuesday became the first major bank on Wall Street to forecast a recession next year, albeit a “moderate” one, thanks to the combination of surging inflation and rising interest rates.
    The firm’s economists predict the U.S. economy will take a “major hit from the extra Federal Reserve tightening by late next year and early 2024,” while also predicting “two negative quarters of growth and a more than 1.5% rise in the U.S. unemployment rate.”

    On Tuesday Germany's Deutsche Bank Becomes First Major Bank to Forecast Biden Recession (thegatewaypundit.com)
    Last edited by Airbornesapper07; 04-06-2022 at 03:56 AM.
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  2. #2
    Senior Member Airbornesapper07's Avatar
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    Retarded Joey is in the News Feed for being Retarded again

    I no longer care; the people will have to suffer hard this time or these simpletons will keep having these fake elections
    Last edited by Airbornesapper07; 04-06-2022 at 03:58 AM.
    If you're gonna fight, fight like you're the third monkey on the ramp to Noah's Ark... and brother its starting to rain. Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

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