America Is In A Financial
Crisis That President Joe Biden Refuses To
Acknowledge Because He Can't Fix It
May 4. 2022
President Joe Biden and former President
Barack Obama at the White house last month. The
current, crush inflation that is sweeping America is
squarely due to their policies.
America is neck deep in a serious
financial crisis, but the Bide administration
refuses to acknowledge it. The administration of
President Joe Biden is pretending it is a mild
inflation, when it is so much more.
A fewbanks announced plans to raise
interest rates, with some stating it will cool off
the economy (but it does not matter to Wall Street
and offshore corporations buying up millions of
homes in America in cash deals). However, the
current housing crisis in America, a component of a
larger financial depression, is very serious.
America has become a nation of renters, which is not
good for individual prosperity. Property ownership
is always best. When a country becomes a nation of
renters it is an indicator of a bad economy.
Wall Street and offshore
corporations have been buying up millions of homes
in America, destroying the dream of home ownership
for many in the nation. Wall Street and said
offshore corporations do full or mild renovations at
bulk rates, then rent the properties out at very
exorbitant prices. Rent in America has sharply
risen. Some saw a 30% increase, while others saw
their rent double or triple in a matter of days. It
is leading to homelessness.
The current financial crisis is
worse than the devastating one that occurred in
2009. In 2006 I warned a financial crisis was
coming, then it struck in 2009 (How George Bush Destroyed
The U.S. Economy). To this day many people have not
even recovered from the 2009 financial crisis, only
to be met by another one in 2022, due to Biden's
poor handling of the coronavirus pandemic.
I also predicted China would
overtake America due to the pandemic and a
year-and-a-half after my prediction it happened (China Overtakes America As The
Richest Nation In The World Confirming Previous Site Claims).
Biden needs to own up to what has
occurred, as this record inflation and housing
shortages occurred under his watch. Not to mention,
it has been 2-years and Biden has not remedied the
labor shortages occurring in America, which has
damaged the economy.
The fact of the matter is the
coronavirus pandemic brought sickness, death and
financial destruction. The current financial crisis
is the worst since the Great Depression. Biden
trying to cover up this fact is not going to fix the
problem.
Biden got into office due to a
corrupted election, determined at all cost he was to
be president, which has also permitted Obama his
third term (Mainstream Outlets Refer To President-Elect Joe Biden As
Barack Obama's Third Term In Office Much To His Annoyance But Confirming
Previous Site Claims).
However, Biden nor Obama have a
financial mind. They are not going to fix the
economy or help the public in any meaningful way to
correct the financial devastation that is occurring.
They won't even acknowledge there is a real economic
problem or the extent thereof. They've removed many
unemployed people from their national unemployment
tally and are pretending they do not exist, in order
to preserve their fake economic numbers. That is not
progress or success. This is failure.
Many Americans are suffering
financially, emotionally and mentally due to the
terrible economic crisis (inflation, unemployment),
brought on by the ongoing coronavirus pandemic that
is flaring up again, but the Biden administration is
ill-equipped to handle these serious issues. Biden =
MAPA (Make America Poor Again) like during the Great
Depression.
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