Forbes Media Chairman Steve Forbes discusses recession risk in the U.S., the Fed’s handling of inflation, a former Obama economist’s warning to Democrats and the backlash Biden has received for his trip to Saudi Arabia.
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Steve Forbes has been and continues to be one of our nations very most astute economic minds and overall intellects. He understands the corruption that has taken over our government to the detriment of our citizenry and he is sincerely sympathetic to all of the country’s people. It is really a shame that he hasn’t been elected to the Presidency as all of us would have greatly benefited. His commentary is priceless!
I worked at the Federal Reserve (quit in December). The organization may have missed the economic signals because they were busy with diversity training, trans outreach, equity programs, crying sessions in support of race riots, and processing complaints of hurt feelings.
MY FINANCIAL GOAL IS TO BE MAKING AT LEAST UP TO $1,000,000 EVERY YEAR BY INVESTING HEAVILY BOTH IN CRYPTO AND STOCK. I NEED GUIDIANCE. please comment below.
Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds…
It is all Trump fault! 😵💫
we have been in a recession and heading for a depression, this is the first year of trouble and we have six more before we recover
Crypto currency and NFTS will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment
Crypto currency and NFTS will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment
Depression…..soon.
due to my being an honor student in my 3rd grade economics class and the fact prices are double the level they were when Obiden was sworn in, it is my professional opinion, Yes Virginia, we're in a recession, ignorant democrats
Especially inflation rising monthly Yep Forbes analysts has more weight to me then the entirety of Feds Biden/Harris administration it was transitory pen of Brandon 3 days in office. I trust Kudlow more too in discussing this issue too after 50 times lies it gets old after a while. But I disagree the prince came at Biden first with his fist out. And prince maybe thought it was safer. For I rather knock first then shake hands knocking fist is like what's up or like homies you know and trust a while when shaking hands a greeting or someone or older times. And it all what we have seen is one side invested in USA and other side invested in foreign affairs of personal gains of China and Russia year before Putin dum invasion war with energy on Ukraine.
The US Govt in its entirety is guilty of economic malpractice….starting with the banks in 08 (no proper oversight) and then covid lockdowns….and now this….its a grifters market…
😆 it's not tricky. Inflation out of control. 2 quarters of gdp retraction. We are in trouble.
Biden and his Administration has shown they are working on ruining our great country
The Federal Reserve Lies and Lies to the American People
Jobs and Incomes Have Not Increased since COVID.
Biden: "I don't know what I'm doing, I don't know what I'm talking about, but I'm sure the fault lies with others!"
Depression, not Recession.
What a incompetent corrupt administration!!
This guy is incompetent !!
True. The elders who are in power and position right now, should stop fooling themselves and face the truth
Burisma. Porshenko. Yetsinyov. CEFC. Harvest Global. And at home Ray Epps walks around free at chuck e cheese!
Good close.
This “likely recession “ is a full Blown Recession and could become a Huge Depression the likes of which we have not seen in about a 100 years and then I startled at how some investors made millions from this downturn economy. I was wondering if such success rate could be achieved in this present market?
Stagflation here it comes.
Hear, Hear, well said Mr. Forbes !
Rent is up 60% in my county since 2019. Home prices up 35% in my county. Nuff said.
Thomas Jefferson – 1787
"If the American people ever allow private banks
to control the issue of their currency,
first by inflation, then by deflation,
the banks and the corporations which grow up
around them will deprive the people of all property
until their children wake up homeless on the
continent their fathers conquered".
Okay I'm done.
Hold on don't attack Biden. Drop the trip. It's very productive. Well you are worthless and I am
Well we can fix it. God gave us another day. You are smart. I'm highly intelligent but I'm busy being smart all in the name of our great nations. So state it what is a quick fix? And be positive