Treasury Secretary Janet Yellen assures incoming recession.

[Gomez Adams]

Ok, so there's this:

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www.cnn.com

Now then, that means that there is DEFINATELY an incoming recession.

Why?

Because that stupid woman hasn't been right about a single damn thing the ENTIRE TIME she's been in office. Let's review:

Yellen: there is no inflation.
Result: inflation goes up 4%.

Yellen: inflation is up, but it's nearly peaked and will not last.
Result: inflation accelerates up to 8% and keeps on going.

Yellen: inflation has now topped off and will start to recede in the coming weeks.
Result: inflation goes up to 11% and shows now signs of stopping.

So she then FINALLY admits she was wrong about inflation. The next words out of her mouth?

Yellen: I'm not seeing any signs of a recession.

So the recession is imminent. It is incoming. And it's going to be bad. Count on it.

 

[Zeedox]

Umm...inflation is the reason our Bank of Canada has been raising interest rates for weeks months now.

The only market correction (recession) that seems likely is a housing correction in the Toronto marketplace.

 

[Gomez Adams]

Same here.

Who knew that giving away free money to banks for 12 years and buying up any mistakes they make could cause inflation?

 

[Zeedox]

Same here.

Who knew that giving away free money to banks for 12 years and buying up any mistakes they make could cause inflation?

¯\_(ツ)_/¯