jimetagambo:

Bias?

Jerome Powell was appointed by the Republican..Biden could have fired him but he kept him.

The NBER does not care about what party is in power. They would call a recession the moment it's one. I can't even argue.

Like I said earlier. If it's a recession, no biggie. It won't be the first neither would it be the last.

jimetagambo:
More on why a recession hasn't been officially called yet.

Unemployment rate is at 3.6 % and falling
Stock market is soaring
The dollar is gaining in strenght

SlyfoxxjReturns:


The issue I have with you here is saying it “started” under the last administration. Biden has been president for more than 2 consecutive quarters now so still blaming his economic performance on the last president exposes YOUR bias.

At what point does a new president become responsible for the economy? After 3 years? Lol
C’mon man. If you had just said once NBER calls it I will accept it instead of trying to deflect the blame to republicans I would have understood.

pargelenis:
Russia own pass recession … send your wife to born the next “pikin” there

jimetagambo:

I am sure you know that Russia too is selling vaccines. Get your head out of conspiracy theories boy.

Please tell me why Russia is struggling with part shortage so bad that it's making cars without air bag, seat belt tensioners, radios e.t.c. butchering aeroplanes for parts e.t.c. Tell me why the inflation rate in Russia is above 15%. Tell me why Russia has fallen so low that it is now buying drone parts from Iran

Alot of us don't suck Putin's dick for a living brighter do we read Russia propaganda news aka RT.

IgOga:



If it floats your boat.....keep getting boosted with the poison till death.....

On the issue of Russian economy and sanctions, Austria and Hungary governments have urged the EU ro review these sanctions as it seems to only affect the EU and not Russia...

White House reporters actually accused the Biden administration of trying to hide the fact thqf the US has entered recession.....

BTW I live in Europe and we don't watch RT as it has been banned since the Ukriane war started....people can feel the effects of the sanctions.....we don't need Putin to tell us what we can see....maybe you need some exposure on what is really happening in the world....more than 125 countries are feeling it including Nigeria.....but then you will dismiss reality cos msm tells you so.....time reveals all things

jimetagambo:
Though this started from the Trump era when he bullied the Federal reserve to start cutting interest rates, but it has not been declared a recession yet by Republican appointed Federal reserve chair Jerome Powell and the NBER that determines recession in the US. This is because of low unemployment rate and strong economic outputs.

Until NBER calls it a recession then I will agree. As a matter of fact, recession is not new, it comes and goes. Trump had a recession too.

Drenimarcus:
Any sane person living in the US knows the US is in recession. This just makes it official. Ibime how far?

IgOga:


I think you got it upside down....the best performing currency in the world for 2022 is Russian Rouble.....Russia's inflation has gone down this year.....Russia has cheap energy and food.....the real impact of Ukraine war Nd sanctions are in Europe and the US....US is in recession......the only issue the Russian economy has was US blocking Russia from refinancing their debt in dollars....so thatvthe US could claim Russia defaulted but not for lack of money infact FT says Russia has already met 60% of its revenue target this year by end of May.....they will likely have more than they budgeted
..

.....Forget the propaganda the reality is there for every reasonable person to see.....in a world where poison is sold as vaccine....and recession is actively being marketed by US media as recovery....you need to be careful about believing all things media...engage your brain when reading the news

BritishNaija:
End time things.

Kingcalls:


U are dumb... thats how u dunb asses accused Jonathan and PDP....u have taken that sick mind-set of urs to America... u are a sissy ...pvssy ass niggar... never wanna throw real blame to the person involved

Dscop:


So how much Ruble have you invested in?

LordAdam16:


Ibime does not play politics with his money. He'll accept it is a recession.

It wouldn't matter though. As far as democrats are concerned, no price is too high to pay to make certain Trump is not in the White House.

In November, they'll expect another 2020 election night "fortification" that'll magically preserve Democrat control of House and Senate.

-Lord

VeryWickedMan:
Is Russia in recession, Yes or No?Simple

IgOga:



If it floats your boat.....keep getting boosted with the poison till death.....

On the issue of Russian economy and sanctions, Austria and Hungary governments have urged the EU ro review these sanctions as it seems to only affect the EU and not Russia...

White House reporters actually accused the Biden administration of trying to hide the fact thqf the US has entered recession.....

BTW I live in Europe and we don't watch RT as it has been banned since the Ukriane war started....people can feel the effects of the sanctions.....we don't need Putin to tell us what we can see....maybe you need some exposure on what is really happening in the world....more than 125 countries are feeling it including Nigeria.....but then you will dismiss reality cos msm tells you so.....time reveals all things

So we were energy independent under Trump and Buhari has been dead for a while and the Elite gave us vaccine to kill all of us?

I don't know why you people are butt hurt for an election that doesn't concern you, but you keep crying; you can't even come here talk less of voting. But your tears go really well with Folgers.

jimetagambo:

[s]Democrats do not care about Trump that much more. They have some their part through the Jan 6. DeSantis is now the republikkans new bride. Republikkans know that Trump is bad business for them now.

Even Murdochs has started turning the heat on Trump, and Trump is very much aware[/s].

VeryWickedMan:


You must be daft if you think I will take Russian news from a US news site during a Russia vs US war.

LordAdam16:


Trash!

Trump will be the 2024 Republican nominee and there's nothing you or anyone can do about it. Get that in your head.

-Lord

Splitmind:
See that we should be grateful for president Buhari, other countries are seriously suffering but we are alright where we are.

jimetagambo:

[s]DeSantis would be the 2024 republikkan nominee, and there is nothing you or anyone can do about it. Get that into your empty skull.

Trump belongs to the old people suffering from dementia's home.

- Jimetagabo[/s]

LordAdam16:


Heard you. Now move along!

-Lord

jimetagambo:
Though this started from the Trump era when he bullied the Federal reserve to start cutting interest rates, but it has not been declared a recession yet by Republican appointed Federal reserve chair Jerome Powell and the NBER that determines recession in the US. This is because of low unemployment rate and strong economic outputs.

Until NBER calls it a recession then I will agree. As a matter of fact, recession is not new, it comes and goes. Trump had a recession too.

ParpahSeventy:

All these defence on a government that don't know that there is a black man defending them somewhere.

jimetagambo:

DeSantis would be the 2024 republikkan nominee, and there is nothing you or anyone can do about it. Get that into your empty skull.

Trump belongs to the old people suffering from dementia's home.

- Jimetagabo

Dscop:



He's on his way to jail. 2024 is the least of his worries, 35 lawsuits and counting; but let the clowns keep giving him money...

Batam:
An analyst said US economy is almost in recession in June this year but I wonder US dollars why US dollars started gaining momentum over other major currencies of the world.

I think this recession is all over the world but we should thank God that subsidy whether scam or not is still suppressing the inflation rate in Nigeria

jimetagambo:

How does that concern you. Face your Buhari.
Oh. I forgot. That government still gave your country 58 million yesterday to help you fight hunger. He did not call your country a shithole because he knows you are not monkeys like the other guy thinks.

LordAdam16:


Ibime does not play politics with his money. He'll accept it is a recession.

It wouldn't matter though. As far as democrats are concerned, no price is too high to pay to make certain Trump is not in the White House.

In November, they'll expect another 2020 election night "fortification" that'll magically preserve Democrat control of House and Senate.

-Lord

ParpahSeventy:

Am not fighting hunger, I have more than I will need to eat.
You can claim American as much as you want, but the whites won't hesitate to tie your hands behind your back, force your head to the ground with their knees and sink multiple bullets into your black skin at the slightest provocation.

kay29000:


This is kind of true. My friend in Ghana was complaining to me this evening that the inflation in naija is still learning compared to inflation in Ghana right now. He said bus fare that used to be 150 naira equivalent last year is now like 500 naira equivalent right now. He said he is planning to come back to naija, even after I told him how crazy things are here right now.