Basically, the recession never ended. But the media cover for Wallstreet and DC fudges the numbers.
Instead of letting the market correct, the government propped up a sick Wallstreet and extended a slow long recession while the money class protected themselves from what is to come. One Fmr Blackrock analyst said the correction was coming in 2019 but surprisingly Wallstreet could hide behind COVD as a shield. They knew America would be up in arms about another bailout. This analyst said either Wallstreet types were magically saved timing wise to COVD, or COVD was released to scapegoat the horrible economy.
Basically, the recession never ended. But the media cover for Wallstreet and DC fudges the numbers.
Instead of letting the market correct, the government propped up a sick Wallstreet and extended a slow long recession while the money class protected themselves from what is to come. One Fmr Blackrock analyst said the correction was coming in 2019 but surprisingly Wallstreet could hide behind COVD as a shield. They knew America would be up in arms about another bailout. This analyst said either Wallstreet types were magically saved timing wise to COVD, or COVD was released to scapegoat the horrible economy.