Economic Numbers Hit The Fan

November 12, 2021
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Depression bread line

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Today's economic numbers were ghastly, showing a shrinking economy, and spiking inflation.

The textbook definition is called 'stagflation', Jimmy Carter redux.

The Biden vax mandates are destroying the U.S. labor market, all planned by OBiden and Xi Jinping of course.

This is not incompetence, or due to the fact Biden has dementia.

This is deliberate sabotage of our children's economic future.

The bread lines are coming.

Michigan Consumer Sentiment Index (Nov) PREL printed at 66.8 vs 72.4 consensus estimate.

JOLTS Job Openings (Sep) printed at 10.438M vs 10.3M.

Baker Hughs U.S. Oil Rig Count printed at 454.

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CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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