Under Joe Biden the economy has been absolutely destroyed, but sadly, things are about to get even worse!
We’ve already seen hundreds of thousands of layoffs as companies are forced to make difficult decisions just to stay afloat in this brutal economy.
And let’s not forget of course the fact that skyrocketing inflation driven by reckless Democrat spending has made everything more expensive, making it near impossible for families to make ends meet.
However with the utter INCOMPETENCE we’re seeing out of the Biden administration in the wake of the Silicon Valley Bank collapse, what we’ve seen in the first two years of the Biden presidency may have just been an appetizer for the economic disaster that is looming on the horizon.
Biden’s Treasury Secretary Janet Yellen has been rather wishy washy on how the administration intends to handle things like the SVB collapse – initially saying there would be no bailout, then giving them a backdoor bailout anyways.
This has signaled they have NO PLAN, and we’re in trouble.
As the Federal Reserve continues to raise rates, there will continue to be more massive failures like SVB and it’s clear Joe Biden and his administration don’t have the slightest idea on how they should handle it.
Watch the video here to see how this embarrassment of an administration is walking us right into a full-blown economic collapse!