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Page added on May 16, 2021

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We’re returning to the ‘70s era of social decay, crime, and stagflation

The most dangerous part of the recently released 4.2% headline inflation, the highest since 2008, is the fact that higher labor costs haven’t even kicked in yet, said Scott Rothbort, president of LakeView Asset Management.

Rothbort said that the economy is headed to a situation where we will have much higher inflation but low economic growth, a condition known as stagflation that was prevalent in the 1970s.

“There are two elements to inflation. You’ve got the cost element, and that comes from commodities and input prices, and you’ve got the wage element, and that comes from labor demanding more wages. What we saw in the 1970s was that it became a vicious feedback cycle,” Rothbort told Kitco’s anchor, David Lin.

The end result of this vicious feedback cycle is that small businesses, which on an aggregate level contribute to about 50% of America’s GDP, will be unable to afford paying much higher wages and thus cut staff, increasing unemployment even more.



20 Comments on "We’re returning to the ‘70s era of social decay, crime, and stagflation"

  1. The_Forbin_Project on Mon, 17th May 2021 1:32 am 

    sorry ? did we ever leave the 70’s ??

    well here in the UK it was the early 80’s

    Forbin

  2. Biden's hairplug on Mon, 17th May 2021 3:46 am 

    It’s a pity that apneaman/famousdr is no longer among us. Just like empire dave, he apparently recognizes a train wreck if he sees one, even if he has “his president” in place.

    Here is a collapse video from Israel, that somehow symbolizes the impending collapse of ZOG, 1989-style:

    https://www.youtube.com/watch?v=vRI02r3Mpdo

    The video comments are worth a read.

  3. Duncan Idaho on Mon, 17th May 2021 4:56 pm 

    I liked the 70’s.
    Corporate ‘Merika was losing influence, and freaking out.
    You could do almost anything and get away with it.
    Then greed and stupidity arose as Sir Ronnie came on the scene, and corporations wee able to steal with abandon.

  4. Biden’s hairplug on Mon, 17th May 2021 5:37 pm 

    70’s, pure happiness:

    https://youtu.be/iUrzicaiRLU

  5. Biden's hairplug on Tue, 18th May 2021 12:48 pm 

    From Trump his desk:

    https://www.donaldjtrump.com/desk

    The entire Database of Maricopa County in Arizona has been DELETED! This is illegal and the Arizona State Senate, who is leading the Forensic Audit, is up in arms. Additionally, seals were broken on the boxes that hold the votes, ballots are missing, and worse. Mark Brnovich, the Attorney General of Arizona, will now be forced to look into this unbelievable Election crime. Many Radical Left Democrats and weak Republicans are very worried about the fact that this has been exposed. The DELETION of an entire Database and critical Election files of Maricopa County is unprecedented. Many other States to follow. The Mainstream Media and Radical Left Democrats want to stay as far away as possible from the Presidential Election Fraud, which should be one of the biggest stories of our time. Fox News is afraid to cover it—there is rarely a mention. Likewise, Newsmax has been virtually silent on this subject because they are intimidated by threats of lawsuits. One America News (OAN), one of the fastest growing networks on television, and the “hottest”, is doing a magnificent job of exposing the massive fraud that took place. The story is only getting bigger and at some point it will be impossible for the weak and/or corrupt media not to cover. Thank you to OAN and other brave American Patriots. It is all happening quickly!

    Breaking News! New polling by CBS News on the state of the Republican Party (which is very strong!). “President Trump has a strong hold on the GOP.” 80% of Republicans agree with the removal of Liz Cheney from GOP Leadership and only 20% disagree. The poll also showed that 67% of Republicans said that they do not consider Sleepy Joe Biden to be the legitimate winner of the 2020 Presidential Election. I agree with them 100%, just look at the facts and the data—there is no way he won the 2020 Presidential Election!

  6. Theedrich on Tue, 18th May 2021 6:51 pm 

    U.S. TV sludge is banal, vulgar and negrified. Now we find out another reason for the generally disgusting and subversive drivel outgassed by the hypnosis box.  It turns out that Democratic mega-donor, former New York City Mayor Michael Bloomberg and head of news conglomerate, Bloomberg LP, is a propagandist for the Communist Chinese.

    A new book by Breitbart editor-in-chief Alex Marlow, titled Breaking the News:  Exposing the Establishment Media’s Hidden Deals and Secret Corruption, reveals how Bloomberg and his co-traitors, like Joe Biden himself, are treasonous puppets of the anti-White Beijing regime.  Bloomberg and friends visit ChiComland regularly for updates on instructions about how to prettify China and undercut (the former) Whiteland.  The enormous economic power (and immensely profitable access to the gigantic Chinese market) of Bloomberg LP gives it oversized influence over other media organizations, so that they follow its lead.  The resulting story:  China good, White America bad.

    The corrupt Bloomberg and similar gangland members are the perfect leaders for American mongoloid idiots, especially the White genosuicidists among them.  Like the Vietnam War that was won by the Communists not on the battlefield, but through Marxist influence over American TV media, the current Kulturkampf  between Whites who want to live and those who want to die while enjoying Soylent Green is being won by the latter.

  7. ZOMG u guyes on Tue, 18th May 2021 9:52 pm 

    ted nugent has the convid u guyes
    u know who pushes the convid killshot, trump hehe
    i hope (((supertard))) alice won’t take the killshot and neither will supertard rok. the number of (((supertards))) taking killshot is yugeee. u’d think uncle H taught (((supertards))) something but NO.

    i click on a video by ted nugents and it’s weird to see the fanboys refer to him as “uncle ted” …..what kind of uncle got the convid? strange

    please love supremacist muzzies moar

    please be at ease among friens we’re all supremacist muzzies lovers here

  8. Biden's hairplug on Wed, 19th May 2021 5:00 am 

    A new book by Breitbart editor-in-chief Alex Marlow, titled Breaking the News: Exposing the Establishment Media’s Hidden Deals and Secret Corruption, reveals how Bloomberg and his co-traitors, like Joe Biden himself, are treasonous puppets of the anti-White Beijing regime. Bloomberg and friends visit ChiComland regularly for updates on instructions about how to prettify China and undercut (the former) Whiteland.

    In 1945, Anglo and Soviet globalists divided the European loot among themselves.

    https://en.wikipedia.org/wiki/Percentages_agreement

    Before 2030, Europeans (from Galway to Vladivostok) and Chinese in turn will divide the Anglo loot among themselves.

    Expect the 21st century Torgau to be situated East of Vancouver:

    https://ic.pics.livejournal.com/embassy_voices/28504525/256643/256643_600.jpg

    Torgau: white trash operating for Big Jew, although Stalin opted out after 1945 from the Global Sanhedrin:

    https://en.wikipedia.org/wiki/Stalin_and_antisemitism

    In 202x, US patriots will team up with Europe.

    US libtards à la Biden will team up with Beijing in CW2. Sleepy Joe is called Beijing Biden for a reason.

  9. ZOMG u guyes on Wed, 19th May 2021 11:16 am 

    ted nugent has the convid u guyes
    u know who pushes the convid killshot, trump hehe

    lots of libs and (((supertards))) got the convid and got the killshot.

    trump is equal opportunity killah hehe

    i hope (((supertard))) alice won’t take the killshot and neither will supertard rok. the number of (((supertards))) taking killshot is yugeee. u’d think uncle H taught (((supertards))) something but NO.

    i click on a video by ted nugents and it’s weird to see the fanboys refer to him as “uncle ted” …..what kind of uncle got the convid? strange

    please love supremacist muzzies moar

    please be at ease among friens we’re all supremacist muzzies lovers here

  10. ZOMG u guyes on Wed, 19th May 2021 1:49 pm 

    now that (((supertard))) chelsea handler took killshot and gone deaf!
    let’s hope (((supertard))) alice won’t take killshot. let’s hope supertard rok won’t either.

    the number of (((supertards))) taking killshot is yugee. not kidding

    who to blame for this now that Dorf is dead and gone

    please love supremacist muzzies more
    please feel at ease among friends we’re all supremacist muzzies lovers here

  11. Biden's hairplug on Thu, 20th May 2021 1:29 am 

    “We’re returning to the ‘70s era of social decay, crime, and stagflation”

    RamzPaul, that nice white nationalist from next door, has found a new home. No longer ADL-censored Youtube, but a shack called Rumble:

    https://rumble.com/vh9jtn-when-blessings-become-curses.html

    …where he explains Christian-Zionism.

    Still on Youtube, RamzPaul explains why the US is a train wreck:

    https://www.youtube.com/watch?v=tBp3NBHzk9k

  12. Biden's hairplug on Thu, 20th May 2021 4:04 am 

    Oh dear:

    https://thehill.com/changing-america/respect/equality/553197-garland-mayorkas-attorney-general-warn-white-supremacy-is

    “Garland, Mayorkas warn white supremacy is now top security threat in the country”

    (translation: CW2-alert)

    Quiz time!

    What is the ethnic background of both Garland and Mayorkas?

    1. Dutch
    2. Japanese
    3. Chimpanzees
    4. Asian
    5. Other, namely…

    The one who sends in the correct answer gets a free Google Maps route description to a Holocaust museum in a village near you.

  13. Biden's hairplug on Fri, 21st May 2021 2:59 am 

    Talking about decay…

    https://www.dailymail.co.uk/news/article-9602999/Harry-says-family-tried-STOP-Meghan-leaving-going-end-life.html

    “Harry fires ANOTHER extraordinary attack on Royal Family: Prince accuses Charles of making him ‘suffer’ as a child, The Firm of trying to ‘bully him’ and of ‘total neglect’ when Meghan was suicidal in new Oprah AppleTV+ show”

    Woke Harry is firing a deadly torpedo onto the monarchy, amidship, the very monarchy that made him to what he is, a prominent global icon of wokeness. Shakespeare could not have imagined something more spectacular. Difficult to see how the monarchy can survive after Liz. At least skip Charles, for starters, and hope for William and Kate.

    I wouldn’t be surprised if the entire country collapses, together with the monarchy, as a result of this Brexit prank, a vote against time.

    The geopolitical success of Britain in the past was so spectacular that they never got over the sudden collapse of their empire, entirely engineered by their American “friends”, the same friends, the British have a Stockholm relationship with:

    https://en.wikipedia.org/wiki/Stockholm_syndrome

    On the basis of memories of empire, the British (English) loved to think that fate has more in store for them than merely being a European province. “Global Britain”, the battle-cry of the Brexiteers, sounds much better, really has a VIP-quality about it, global prominence, top of the geopolitical pecking order and all that jazz.

    Sorry, that was yesterday.

    Sad to see, because Britain IS a great European country. Nevertheless, even in collapse, Britain could still, unintentionally, set an example and pave the way for something new:

    https://parisberlinmoscow.wordpress.com/2021/05/03/the-united-statelets-of-europe/

    “The United Statelets of Europe”

  14. Richard on Fri, 21st May 2021 7:39 am 

    This Asset management owner doesn’t understand, that American employment sector is changing due to tech too.

  15. Richard on Fri, 21st May 2021 7:40 am 

    People aren’t sitting around doing nothing, reality still goes on. Typical American right wing mindset.

  16. Hello on Fri, 21st May 2021 8:19 am 

    >>>People aren’t sitting around doing nothing

    yes, that’s pretty much what many do. Nothing.
    Helped by generous unemployment benefits that pays more than minimum wage. No wonder illegal mexicans are in high demand.

  17. Biden's hairplug on Fri, 21st May 2021 8:55 am 

    It’s the same with Eastern European agricultural and construction workers. They are still eager, because at home there is no such thing as benefits.

    They are going to be missed dearly in Brexit-Britain, because I wouldn’t know what a Muslim or African fruit picker or mason looks like.

  18. makati1 on Fri, 21st May 2021 4:34 pm 

    Once you get out of the cities, here in the Philippines, life is almost normal. The flu is disappearing, as it always does this time of year, and so are the supposed ‘Covid’ deaths. About 2% of the people here are “vaccinated”, mostly in the city. Vaccines are expiring due to lack of want.

    The “Great Reset” is failing, like most of the West’s big plans. I think they miscalculated the power of the internet to get the truth out, hence the extreme censorship and propaganda push, and the people to ignore the “rules”. It was an inconvenience for most here in the countryside.

  19. Biden's hairplug on Sat, 22nd May 2021 2:50 am 

    It doesn’t come totally unexpected, but the US air force is planning to retire the F-22, that hyper-expensive flying computer bug, 20 years earlier:

    https://www.popularmechanics.com/military/aviation/a36421838/air-force-plans-retire-f-22-raptor-downsizing-fighter-fleet/

    Air Force Chief of Staff Gen. CQ Brown wants to shrink the number of fighter fleets from seven to just four, according to DefenseOne. Under the plan, the F-15C/D, F-15E, A-10, and F-22 would take one-way flights to the Boneyard. The F-15EX, F-35, and F-16 would all fly on, joined by a new air superiority fighter: Next Generation Air Dominance (NGAD).

    The new to be developed plane will be designed after more modest specs.

    And the F-35 won’t be built in large numbers either:

    https://parisberlinmoscow.wordpress.com/2021/02/28/the-f35-is-dead-damage-1-75-trillion-rd/

    Meet the best fighter jet in the world, the French Rafale:

    https://www.youtube.com/watch?v=knURFXZ-wXQ

    Europe decided it will develop a new fighter jet too:

    https://parisberlinmoscow.wordpress.com/2021/05/17/breakthrough-european-future-combat-air-system/

    “Breakthrough European Future Combat Air System”

  20. Biden's hairplug on Sat, 22nd May 2021 3:11 am 

    The verdict is in, straight from the horse’s mouth, from those who have the least interest in admitting it:

    “The experts were right: Brexit is doing economic damage to the UK”

    https://www.newstatesman.com/politics/brexit/2021/04/experts-were-right-brexit-doing-economic-damage-uk

    The chairman of the National Westminster Bank admits:

    “London’s ‘Golden Age’ as Europe’s financial capital is over, says NatWest chair”

    https://www.reuters.com/business/londons-golden-age-europes-financial-capital-is-over-says-natwest-chair-2021-05-18/

    It doesn’t mean that London will become insignificant and stop being a global financial hub, but it does mean that London is going to lose significant amounts of business to Amsterdam, Dublin, Paris, Frankfurt, Milan (and NYC), for which no replacement elsewhere exists.

    In related news: trade flow EU-Ireland are skipping Britain:

    https://www.youtube.com/watch?v=Bm7U9YxIuBk

    Covid cannot explain the huge drop in EU-UK trade:

    https://www.youtube.com/watch?v=yknea5mmA8M

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