Article originally appeared on www.zerohedge.com.
Authored by Greg Hunter via USAWatchdog,
Former Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com is back with a new report called “Danger of Deep Worldwide Recession in 2025.”
The new report shows how a weak economy was propped up under the Biden Administration and how a crash, this year, is inevitable.
Dowd says,
“What we are going to have going forward is the reversal of deficit government spending, which was juicing the economy with illegals. Some of them got jobs, but a lot of them got benefits. They got housing accommodations. The NGO system was flush with money to facilitate this massive, purposeful logistical operation. People don’t understand that the net legal migration in the US is one million a year. That’s one million people a year. The last four years, we brought in 10 million to 15 million people. That is a new economic variable, and it distorted the economy. It never …
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