We have entered into a recession
Certain media outlets around the world have highlighted a medical phenomenon called “sudden adult death syndrome (SADS).” Between 1966 and 2004, an average of 29 persons died worldwide, across all sports. Between March 2021 and March 2022, at least 769 athletes have collapsed and died on the field worldwide. There were 21 European Soccer (FIFA) players that died on the field in 2021. We know why this is happening. The Covid-19 so-called vaccination has been clearly associated with heart inflammation and death. We can only hope that the truth about these vaccines is one day exposed, and people are held to account. WE MUST HOLD THESE PEOPLE ACCOUNTABLE!
There is no question we have entered into a recession. As we slip past our second consecutive quarter of negative growth (the classic definition of a recession), there are various other signs present as well. The recession we are entering is going to be particularly nasty, if not downright earth shattering. As I said last week, this is a sort of perfect storm developing. It has been in the works for many years. As we left the 2008-2009 Great Financial crisis, the Federal Reserve began experimenting with this new toy called Quantitative Easing (QE). As in all “quick fixes” in life, there are benefits, and there are consequences. Rather than correcting the systemic problems present in the system, the powers that be exacerbated these problems in the long run. Right now, we are reaping the “benefits” of a bad policy of the QE that has been utilized by the Federal Reserve all the way up to March of this year. They became addicted to it like a child living next to a candy store with no parental supervision and unlimited funds. They even had a new ‘justifiable’ name for it: Modern Monetary Theory (MMT). I laughed out loud when I heard Nobel prize-winning economist Paul Krugman was pushing MMT as something legitimate. Here’s the gist of it: The Central Bank creates/prints money ($9 Trillion) and purchases long-term securities in the open market to encourage lending and investment and increase the money supply.
Don’t let these people in our government fool you. Congress has run up $30 Trillion in debt (this is a separate debt from the Fed’s $9 Trillion) and continues to borrow at an alarming pace (tack another $40 Billion to their debt from the passage of last month’s Ukraine bill). Quantitative Easing is over, as announced by the Federal Reserve. Quantitative Tightening has begun in June. The last time QT was attempted, the stock market fell apart (late 2018). It was announced at the last Fed meeting that they would begin in June (reducing the $9 Trillion balance sheet) but reports out of the Fed suggest they have not started yet. When they do, hold on to your wallet even more. They have run out of manipulative tools to ‘help.’ At the same time, they have begun raising interest rates to attempt to calm inflation. This raising of the interest rates is going to have a precipitous effect on our outstanding debt. What does this all mean? It is time to pay the piper. Get your financial house in order because our politicians and leaders have cooked the goose that lays the golden eggs. This isn’t a scare tactic. It is a genuine warning.
There are two immediate situations in the world that are of grave concern. Japan is on the verge of a systemic financial collapse. Since it is the 3rd largest economy in the world, this is certainly significant to us, and it could have some broad implications to us. They continue to print money in Tokyo. This will not end well.
The other situation is one that we are not hearing much about, but it is very significant. Kaliningrad, a Russian industrial territory sandwiched between Poland and Lithuania, is being partially blockaded by Lithuania. This blockade is being directed by the European Union and NATO. It is a direct provocation to Russia, and Russia’s leadership has issued a statement saying they consider the move to be “openly hostile” to the Russian government. This has the potential to turn into a WW3 scenario. They keep poking the bear. We’ll see what happens.
I want to close with a quote from Cicero, “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor—He speaks in the accents familiar to his victims, and he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation. He works secretly and unknown in the night to undermine the pillars of a city. He infects the body politic so that it can no longer resist. A murderer is less to be feared.”
HHJ News
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