CNBC’s Pete Santelli Says Economy Is “Doomed” If Leaders Keep Bucking Fossil Fuels
The Biden economy is a mess. It’s the worst the US has seen in decades and it’s all due to Biden’s policies. It’s as if Biden wants to destroy America and the economy.
The Daily Caller reports:
CNBC’s Rick Santelli warned Friday on “Squawk Box” that the world economy is “doomed” if leaders keep bucking fossil fuels.
Santelli warned about inflation and consumers feeling the effects throughout the near future.
“If you’re looking at inflation, I think one of the guests said they think it’s probably going to remain sticky. I think it’s the rate of change, and the American public is not stupid, meaning, it’s going to certainly quit going up as fast as it is, but prices are not —and I underscore — are not going back to where they were,” he said. “You need months and months and months of minus signs on year-over-year, months over months on CPI and PPI. Don’t think you’re going to get months and months of those, and on the other data with regard to this jobs report, I would say that the rest of the world’s in much worse shape than us.”
Rick Santelli: With Biden’s attack on oil and gas, “we’re all doomed to much slower economies down the road, period.” pic.twitter.com/H7YDYnsJDI
— Apex World News (@apexworldnews) May 6, 2022
Santelli also claims that prices are not going back to where they were after this recent surge in inflation.
CNBC’s Rick Santelli: “Prices are not … going back to where they were.” pic.twitter.com/9xNCLc6IDt
— The Post Millennial (@TPostMillennial) May 6, 2022
Santelli is the one who called for a Tea Party in 2009 as Obama’s policies of spending the US into bankruptcy went in place. Santelli can see things others can’t and he has the courage to share it. Now again, he’s sharing his observations on the world economies noting that they will fail if they continue to attack fossil fuels. The current economic paths by Biden and others are dangerous.
