While America was distracted, the Federal Reserve Bank of Atlanta revised its GDP forecast DOWNWARD by 41%. Something's VERY wrong here.

Who knows what the driver is behind Deagle... Down 2/3 sounds pretty unrealistic to me. I could buy 1/3 though. There is a generation that is approaching the age of departure, and they're quite a large one. The latest bout of flu seems to be accelerating it.

I think the push for vax might have something to do with economic fears surrounding the mass die-off. We're approaching the middle of that Bell curve. Without their consumption there will be less demand for products resulting in oversupply and crashing prices.

Of course, from an economic perspective, it would be ideal to drag out the wind down as long as possible to preclude a sudden collapse.

Big ole nothing burger. For Christ sakes They had GDP listed at 6.7% and revised it to 3.4%. The best quarter of GDP under Trump was 3.0

The Great Reset



Not the Little Reset.

The Great One.

Government debt spending is included in GDP. If the government spends only what they earn in taxes, GDP drops. But if government borrows $4 trillion and spends it, GDP rises.

So you have to always subtract government deficit spending from gdp to get some kind of idea what's going on. John Williams at Shadow Stats has inflation calculated how they used to calculate it before Clinton changed it, is around 10-11%.So subtract 10% from 3.4%, 3.4% - 10% = -6.6%.

Even at 6.7%, the economy is declining by -3.3%.

Government debt spending is included in GDP. If the government spends only what they earn in taxes, GDP drops. But if government borrows $4 trillion and spends it, GDP rises.

So you have to always subtract government deficit spending from gdp to get some kind of idea what's going on. John Williams at Shadow Stats has inflation calculated how they used to calculate it before Clinton changed it, is around 10-11%.So subtract 10% from 3.4%, 3.4% - 10% = -6.6%.

Even at 6.7%, the economy is declining by -3.3%.

I think this idea is a fallacy. You really think the banks are going to be like "oh ok ... The money is worthless... We forgive all your debts let's start over"

C'mon man. In the USSR nobody owned anything so they could just keep what they had. In a capitalist system it will require forcible separation from assets. I don't see this ending well. I don't see people just handing their assets over to the Fed.

There is going to be a war, and it's going to be a bloody one. Who will prevail?

That's an absolutely fucking HUGE amount, I wish to point out. I don't recall any declines like this outside '08.

For the sake of comparison... GDP fell 8.5% in 1929, another 6.4% in 1930, and 12.9% in 1931, with an additional 1.3% in 1932 for a cumulative drop of 29.1%.


Overall GDP only dropped 2.6% in 2009.

A 41% movement is unheard of. Never happened before.

Janet Yellen is telling Congress they can’t afford the 3.5 trn

Something else I read said we are at a point where taxes no longer cover the expenses of America.