‘Shortage Economy’: Steve Bannon Warns ‘Dark Winter’ Coming


OPINION: This article may contain commentary which reflects the author's opinion.

Former White House Chief Strategist Steve Bannon has issued a dire warning that all signs point to a terrible year for the American people.

During a segment on his “War Room Podcast,” Bannon warned that The Economist has issued a new issue of their newsletter with the headline: “The Shortage Economy.”

Bannon called it a “tip sheet” for the elites and warns that America should take it seriously. He suggests that if even mainstream sources like the Economist are predicting doom, then it’s time for the American people to prepare and get ready.

“The revered Economist, what is their headline? The Shortage Economy. America needs to prepare… Get ready… This is far beyond stagflation,” Bannon said.

“We’re entering into another faze. It’s all the converging forces. Remember, elections have consequences, illegal elections have catastrophic consequences,” he added.


”This is why we’re in dangerous territory right now. Biden’s fiscal and monetary stimulus is the most reckless thing in American history. And you know who’s going to pay for that, the workers… I’m gonna tell you, it’s going to hit and it’s going to hit like nobody’s business. And nobody else in all media is going to tell you this,” he added.

Earlier this week, a trove of leaked documents shows that the Biden administration has released tens of thousands of migrants who crossed the border illegally into the United States and is doing little to nothing to track their whereabouts.

What’s more, the administration is broadly employing — some experts suggest improperly using — migrant parole authority to justify giving up to 30,000 of them since August eligible for work permits.

“The documents give a partial snapshot into how the Biden administration has been releasing enormous numbers of migrants into the U.S., often with little to no oversight, supervision or immediate risk of deportation,” Fox News reported.


Network correspondent Bill Melugin posted the leaked documents on Twitter, adding in a thread: “According to Border Patrol documents provided by a source, the federal gov has released over 70,000 illegal immigrants into the U.S. since August 6, including 31,977 released via parole (temp legal status, eligible for work permits). 94,570 released via NTR since 3/20.”

“Under federal law, parole for noncitizens is done on a case by case basis, and only for “urgent humanitarian reasons” or “significant public benefit”. Former U.S. BP Chief Rodney Scott tells me he only granted 5-10 per year as a sector chief. Biden admin 31,977 did in 2 months,” Melugin added.

“DHS declined to give us a formal comment or response, instead referring us to CBP. A CBP official did not dispute the numbers and gave us this statement. Nobody answered my question as to why so many paroles are being granted, or why single adults are being released w/ no ATD,” he continued.

Former Border Patrol Chief Rodney Scott, who initially served under President Biden, looked over the documents and told Fox News that he believes the administration is radically abusing its parole authorities.

“By law and regulation, a parole shall only be granted on a case-by-case basis and only for significant humanitarian reasons or significant public benefit. Neither of these appear to apply to the current situation,” he said, adding that the number of paroles brings into question the entire review process.

“As a field chief, I don’t believe I ever approved more than 5 or 10 paroles in a year,” he added. “When I did, I ensured that the alien was monitored continuously and was detained or removed as soon as the circumstances allowed.”

Test your skills with this Quiz!