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How Covid lockdowns primed the current financial crisis

submitted by knightwarrior41 to whatever 2.1 yearsMar 23, 2023 23:45:21 ago (+4/-0)     (thegrayzone.com)

https://thegrayzone.com/2023/03/15/covid-lockdowns-financial-crisis/

The lockdowns and the stimulus required to keep the economy alive helped drive inflation. Then the Fed jacked up interest rates. And all hell broke loose.

duh


2 comments block

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[ - ] UncleDoug 0 points 2.1 yearsMar 24, 2023 01:33:39 ago (+0/-0)

Economists were saying this before lockdowns, but people were too busy watching sportsball.

[ - ] yesiknow 0 points 2.1 yearsMar 23, 2023 23:50:35 ago (+0/-0)

The lockdowns were an excuse to steal the economy, destroy the structure that kept everyone from ever starving.

They need their ritual mass starvation and then permanent food shortages. Which marxist shithole never got that?