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Politics : A Real American President: Donald Trump -- Ignore unavailable to you. Want to Upgrade?


To: locogringo who wrote (338166)3/3/2022 11:30:35 AM
From: FJB1 Recommendation

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Honey_Bee

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To: locogringo who wrote (338166)3/3/2022 11:40:22 AM
From: FJB3 Recommendations

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Honey_Bee
locogringo
Woody_Nickels

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thegatewaypundit.com

BIDEN ECONOMY: Leading Independent Economic Indicators Show GDP Is Contracting - US in Early Stages of Recession
Joe Hoft

2-3 minutes







The Biden economy is a mess. Economic results from a leading business information company show Biden’s economy (GDP) is actually contracting and likely in the early stages of a recession. At his State of the Union speech on Tuesday, Joe Biden spoke of his desire to “keep the economy going strong”:

Great to work for a president who believes in every worker—“We are also going to cut costs to keep the economy going strong and give workers a fair shot, provide more training and apprenticeships, hire them based on skills not just their degrees.”
— President Biden SOTU pic.twitter.com/krVatvPS7f

— Chike Aguh (@CRAguh) March 2, 2022

TRENDING: EXCITING NEWS FOR ELECTION INTEGRITY: New Fractal Voter Registration System (FPEIS) Is Now Able to Detect Voter Anomalies BEFORE an Election -- And After Election

Biden’s statement assumed that the economy is currently “going strong.”

A report that same day from leading economic and business information services firm IHS Markit contradicted this contention, and instead showed that the US economy’s Gross Domestic Product contracted slightly from Oct. 2021 to Jan. 2022:



The narrative at IHS’s March 1 report indicates that “The level of monthly GDP in January was 0.7% below the fourth-quarter average at an annual rate.”

The GDP in January is less than October’s GDP. In the last seven months, the GDP has decreased from the prior months three times. The GDP in the last three months has decreased twice from prior months.

The firm’s narrative predicts that the first-quarter 2022 GDP will come in at an annualized 1.0 percent. However, even that dismal forecast depends on the economy turning around and growing by a non-annualized 0.4 percent (5 percent annualized) in both February and March.

It’s important to note that IHS’s results are subject to revision. That said, the three-month stall-out seen above makes it reasonable to believe that the firm’s predicted February and March results won’t materialize and that the economy is already in the early stages of a recession.



To: locogringo who wrote (338166)3/3/2022 11:42:41 AM
From: FJB2 Recommendations

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Honey_Bee
THE WATSONYOUTH

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CADAVER JOE WILL HAVE US STARVING SOON.

China has banned phosphate/urea exports until June 2022.

Russia banned exports of nitrogen fertilizer until June 2022.

Looks like Potash will go offline for the #2 and #3 producer via sanctions.

This has never happened in a globalized world dependent on modern agriculture.




To: locogringo who wrote (338166)3/3/2022 11:43:03 AM
From: FJB3 Recommendations

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Honey_Bee
locogringo
Woody_Nickels

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