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Goldman Sachs Declares Recession, Then Undeclares It 73 Minutes Later—The Farce of Modern Finance

EDITOR'S NOTES

The following analysis illustrates a central theme we’ve warned about for years: the utter incompetence and collusion of Wall Street’s so-called experts. When one of the most powerful banks in the world can’t hold a consistent outlook for more than an hour, it becomes painfully obvious—this system is not built to serve the average citizen. It’s built to deceive, distract, and protect itself. This is why my mentor Bill Brocius urges all of us to exit the rigged game. The stakes are too high to keep trusting the clowns calling themselves “economists.” Read on.

Eric Blair Apr 10, 25

A Recession Declared… and Undeclared in Under 90 Minutes

It took Goldman Sachs just over an hour to publicly embarrass itself—and remind us all why trusting Wall Street is financial suicide.

At exactly 12:57 p.m. yesterday, Goldman’s top economist Jan Hatzius issued a bold proclamation: the U.S. is now in a recession. The note, titled “Moving to a Recession Baseline,” was circulated among clients and financial media with all the fanfare you'd expect from a bank that prides itself on shaping the narrative. But then something happened. Namely, Donald Trump opened his mouth.

Roughly 73 minutes later—at 2:10 p.m.—Goldman retracted the entire thing. Not next week. Not the next day. Within the span of a coffee break.

Hatzius fired off a second report titled “President Trump Announces 90-Day Pause; Reverting to Our Previous Non-Recession Baseline.” Just like that, recession talk was erased. Wiped clean. The same economists who were ringing alarm bells minutes earlier were suddenly backpedaling with Olympic-level speed, blaming Trump’s announcement of a 90-day trade negotiation pause for the shift.

This Isn’t Forecasting—It’s Narrative Management

Let’s be clear: this is not economics. This is narrative management.

These are not forecasts. They are smoke signals from a financial elite that changes its story faster than the Fed prints dollars. And don’t think for a second Goldman acted independently. As we've seen time and again, once one of these institutions takes a position, the rest of the penguin brigade lines up in lockstep. They are mouthpieces, not minds.

This latest episode of whiplash forecasting isn't a fluke. It's a symptom of a system that’s completely disconnected from reality and totally dependent on sentiment manipulation. The average investor is left holding the bag—misled, misinformed, and misallocated.

Meanwhile, the Real Threats Are Still Lurking

While Wall Street pivots on a dime, the real dangers to your financial security continue to build:

Soaring national debt
Persistent inflation
A banking system bloated with unrealized losses
A global pivot away from the U.S. dollar
And yes, the looming risk of capital controls and account seizures during the next “emergency”

But you won’t hear that in a Goldman research note. Because their job isn’t to protect your wealth—it’s to protect their control over it.

What You Can Do Right Now

Ask yourself: how many more "oops" moments like this are you willing to tolerate before you stop playing by their rules?

Now is the time to prepare for the next crisis, before they admit it's here.

That’s why I strongly recommend you get your hands on Bill Brocius’ free guide, “7 Steps to Protect Your Account from Bank Failure.” It’s a practical action plan you can use today, whether Goldman Sachs knows what planet it’s on or not.

👉 Download the free ebook here.

And if you’re serious about staying ahead of the collapse—not reacting to it—join Bill’s Inner Circle for just $19.95/month. You’ll get direct, uncensored analysis from one of the few voices left who isn’t afraid to call this system what it is: broken, corrupted, and dying.

👉 Subscribe to Bill’s Inner Circle here.

Stay sharp. Stay sovereign. Stay the hell out of Wall Street's trap.