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World Bank President David Malpass joins CNBC’s ‘Squawk Box’ to discuss global inflation and the potential for a recession in 2023.
World Bank President David Malpass joins CNBC’s ‘Squawk Box’ to discuss global inflation and the potential for a recession in 2023.
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It’s really only for when shit hits the fan and we’re all banned from big tech, I can still reach you to share important updates and info.
How to get rich: take taxpayer productivity, stuff it into your bank, give a few crumbs to your accomplices to keep them happy and shut their mouths.
Biden should just send out more checks. LMAO
haha we're already in it. Depression in 2023.
Print print print
All fake. Increase interest rates on cash that doesn't exist to quell inflation that they created on purpose so that they can take even more from the average citizen when its all over. This isn't a by-product of incompetence this has all been planned and we know who's responsible.
New Leadership in the west.
I’ve been saying this for over three months people don’t pay attention
Bunch of morons! Chinese production returning to the markets will end the supply crunch. The combination of higher interest rates and China exiting COVID protocols will return inflation to acceptable lever. Okay! These idiots just want cheap money (at effectively almost negative rates). They use those loans to inflate stock prices and make themselves insanely right. Disgusting people on these channels Miss-educating the public.
We ARE in a global recession. Right now.
I am confused — what criteria of a recession is not being met in the economy? Why aren’t we just calling it a recession NOW?
Joe pushes his agenda with minimal homework. Deregulation is what we need really? Lazy
Recessions always benefit the top. Always. They're just extraordinary rug pulls
Here is the FED raising rates into a recession. Only because they can say…We tried, sorry for the depression.
Democrat politicians are giving $Billions to foreigners, $Billions to have thousands of American soldiers in foreign countries, $Billions for rockets to the moon, $Billions to Federal employees to "study" black holes, "explore" Venus, and play with toy cars on Mars, $Trillions for things that have absolutely no practical value!!
The Fed has no tools to increase supply. They have continually been saying this. The only tool they can use is expand the money supply, which increases demand for stuff, which then means you have shortages of stuff because supply of stuff does not just randomly appear. They affect the demand-side by increasing the money supply And that causes people to spend more money quickly, which is also pushing up the inflation numbers everyone is complaining about. They are caught between a rock and a hard place. If they increase the money supply, which is inflation, by the way, then the supply chain will break down, even further, as the supply of goods is sucked up quickly in the market. They will also have high CPI numbers. If they don’t print the money, then supply will grow as prices stabilize. The problem for government is tax receipts, began to fall, as we had into a major recession, which we are really already in. we have to choose as a people. Do we suffer a depression or do we suffer a hyper inflationary depression?
Crap crap crap
Heading? We are already in one. Go drive under the bridges in any big city in the country. Look at all the homeless people.
Thanks to those that voted for Biden.
World bank is too late in their prediction! Recession is already here.
let add more sanctions!!!! ya! that will help LOL
Guess again. Try greatest depression of all time.
a re section? 🙄
We almost done. Tikrok to Recession