If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening. According to payroll processing firm ADP, the U.S. economy only added 27,000 new jobs in May, and that is way below the number that is needed just to keep up with population growth.
Berkshire Hathaway Vice Chairman Charlie Munger recently warned against the Federal Reserve’s unbridled money printing. The central bank is going to end up turning the United States into Venezuela with an exponential inflation rate if they continue to print money to cover the government’s excessive spending.
Now that the Mueller investigation is over and his report has shown that there was absolutely no collusion between the Trump campaign and the Russian government, the focus is rapidly turning to those that endlessly propagated extremely damaging conspiracy theories about the president of the United States.