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a crash like this youll see three waves of Crash what weve seen is the first wave down and of course thats the most important one because if its 10 or 20 percent then it may not be the beginning of a larger crash we might we can always get a new high this one was 35 on the NASDAQ 25 on the S P so that 30 plus range qualifies it is yes this looks like the first crash which means now were in the Bounce from that crash where everybody can say oh its over and yeah yeah one one good jobs report okay you know how much is job stuff off were still catching up from coven stuff so we are in a recession all the signs point towards a recession everybody says its going to be shallow thats what the experts say every time we have a recession heres the truth about this thing let me tell you what happened during covet 5.1 trillion dollars in fiscal stimulus in 5 trillion in dollars in monetary stimulus in two years almost half of GDP and were already into a recession again despite that okay