And let's get something straight, Trump was a part of this problem.
No matter how I look at it, it's inevitable. The trade deficit under Trump was massive, bigger than when Obama left and Obama's was bigger than when Bush left. Biden is no different.
What are these people doing you ask? Putting you, your family and your country into debt.
If you examine the situation it makes sense as to why. How do you truly own a population? You give them "free" money then pretend a stock market gain based on printed garbage paper is an indicator of wealth generation. This is one of the major problems I had with Trump. He just kept blaring the stock market horn. Oil prices are high again. The media says it's cause of recovery. Lies. It's cause OPEC cut supplies due to lack of demand from covid.
We are now entering into the signals of a collapse. The market is repeatedly dumping and rising to beat it's previous intraday and all time highs/lows.
The damage from covid has been done and the damage from Trump era trade deficits passed onto Biden who is increasing them is taking grip. Production is low. We aren't producing anything and importing at a deficit from countries that are producing for us. Foreign investment is low. Why would they? The people headed back to work they boast so much about with the "opening", are waiters and bartenders. The lowest of the low when it comes to recovery. A meaningless demographic, economically. People are getting paid to stay put and not work.
In the meantime, housing prices are exploding, consumer debt is rising and wages are stagnant. They've got retards like Cathie Woods out in the front lines telling you how great everything is.
None of these guys did us any favors in the long run.
Nah, shithead. You looked at the numbers or do you need me to educate you?