A Recession Is Coming… And the Fed Can’t Stop It

A Recession Is Coming... And the Fed Can't Stop It

(Shutterstock)

 

Is the Fed ready for the next recession?

The answer is no.

Extensive research shows that it takes between 300 and 500 basis points of interest rate cuts by the Fed to pull the U.S. economy out of a recession. (One basis point is 1/100th of 1 percentage point, so 500 basis points of rate reduction means the Fed would have to cut rates 5 percentage points.)

Right now the Fed’s target rate for fed funds, the so-called “policy rate,” is 1.75%. How do you cut rates 3–5% when you’re starting at 1.75%? You can’t. Continue reading

Turkey, Russia take steps for reconciliation ahead of Erdoğan-Putin meeting

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ISTANBUL – On the evening of August 31, the newly built stadium in Antalya on Turkey’s Mediterranean coast will host a soccer match between the national teams of Turkey and Russia.

It is scheduled as a “friendly” match, although relations between the two countries have been far from living up to this adjective over the eight months since the downing of a Russian jet by Turkish aircraft in November last year.

However, with a reconciliation process between the two countries starting in June and gaining significant momentum through the visits of a number of Turkish cabinet members to Moscow last week and an upcoming meeting between the two countries’ presidents, there are sufficient grounds to expect this soccer game to herald the normalization of relations between Ankara and Moscow. Continue reading

Soviet Spy’s Dire Warnings 30 Years Ago Come True in Obama’s America

America is already at the point of no return. It has passed the demoralization stage and nearing the end of the destabilization phase. The next two stages to come are crisis and normalization. After the engineered crisis is quelled with the pre-planned remedy, the permanent takeover is complete and returned to normalization by the fifth column captors. America is already at the boiling point and only the hand of God himself can keep the nation from going into crisis. The protective hand of God also requires repentance from the nation, something that doesn’t seem very likely. Only one catalyst is needed to bring the nation from boiling point to overflow and scarring.

Previous posts in relation to Yuri Bezmenov can be found HERE and HERE.

A full version of this video interview can be found HERE.

 

 

In a 1985 interview, former Soviet KGB agent Yuri Bezmenov described the techniques of ideological subversion (short video below and full text), that were used to undermine American values, traditions and institutions to the extent that the people will be unable or unwilling to resist takeover by the totalitarian ideology of communism; methods adopted and now being employed against the United States by the supporters of radical Islam. Continue reading

Has America Been Influenced by Communism?

(Melissa Barreiro/The Trumpet)

 

Many today ridicule prior generations’ concern over Communist infiltration. But current trends are bringing that concern back into focus.

Imagine the United States allying with Russia. If you were alive when Nazi Germany was rampaging across Europe during World War ii, you didn’t have to imagine it. You saw it: The world’s greatest capitalist nation forged a “strange alliance” with the world’s greatest Communist state, the Soviet Union.

When this happened, a peculiar phenomenon surged across America: a wave of popular emotional fervor for the Soviets.

Influential men and media fawned over Joseph Stalin. President Franklin Roosevelt released Communist Party-U.S.A. leader Earl Browder from prison to promote “national unity” between American Communists and the general public.

Yet even during this trying and confusing time, one strong voice cried out a warning against not only the imminent fascist threat from Germany, but the less-understood Communist threat from the Soviet Union. Continue reading