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Mohamed El-Erian
All of the economic experts have been saying for years now that the economy is going to collapse totally. But the Jews in government and on the TV kept saying lunatic things like “inflation is transitory” while claiming there was no problem with printing infinity money to “fight a virus” or manage the fallout of anti-Russian sanctions.
RT:
There’s a tendency to see economic challenges as temporary and quickly reversible, but this time the world is headed for a profound economic and financial shift rather than just another recession, Mohamed El-Erian has warned.
El-Erian is the chief economic adviser at Allianz, and former CEO of the influential bond market player PIMCO.
The economist wrote in a commentary for Foreign Affairs magazine that a combination of pressures on supply, central bank tightening, and market “fragility” were all likely to weigh on growth.
“Three new trends in particular hint at such a transformation and are likely to play an important role in shaping economic outcomes over the next few years: the shift from insufficient demand to insufficient supply as a major multi-year drag on growth, the end of boundless liquidity from central banks, and the increasing fragility of financial markets,” El-Erian wrote.
“These shifts help explain many of the unusual economic developments of the last few years, and they are likely to drive even more uncertainty in the future as shocks grow more frequent and more violent,” he believes.
The changes will affect individuals, companies, and governments – economically, socially, and politically, the economist warned.
There is no doubt – the big one is coming.
In fact, it’s already here.
Meanwhile, the freaks in control of our governments are going around talking about how they’re going to put a computer chip in your brain.
Mind you, those chips will be produced in Europe. Because there is really no cost for cutting off China from the global economy, just like there was no cost to cutting off Russia.
Really, everything is totally fine, and people who complain about anything other than racism and anti-Semitism as problems in society should be in prison.
Klaus Schwab discusses the European Chips Act with Ursula von der Leyen. “An important step to create the physical brain for digitisation.” pic.twitter.com/1tUzf0olmY
— James Melville (@JamesMelville) November 25, 2022
