Finance & Economics | 2023 Recession
The Financial Elite Need A Recession
Expect the upcoming 2023 economic downturn to serve them well.
My favourite line from Game of Thrones is when Lord Baelish says “sometimes when I try to understand a person’s motives, I play a little game. I assume the worst. What’s the worst reason they could possibly have for saying what they say and doing what they do? Then I ask myself, how well does that reason explain what they say and what they do?”
For those of you trying to understand the recent sentiment shift on Wall Street from outright recession denial to actually becoming cheerleaders of the impending economic downturn, this mode of analysis is perhaps the best way to comprehend what is happening.
The short explanation is that The Federal Reserve, along with the world of high-flying high finance professionals, are actively trying to cause an economic recession. The reason for this is that without one, the value of assets (their assets) will suddenly plummet to unpredictable depths.
At that point, they will require another infusion of taxpayer dollars to rescue their value — this is getting risky because people are growing weary of bailing out the elite.
