Fresh GDP numbers came in and it was a blowout. The kind of blowout only $2.7 trillion of deficit can buy.

Fresh GDP numbers came in and it was a blowout. The kind of blowout only $2.7 trillion of deficit can buy. While the real economy crumbles. To see why, in the past 12 months the federal deficit increased by $1.3 trillion. Yet we only got half that in GDP. In other words, everything else shrank. It’s even worse for that brave and stunning Q4 — there we got just $300 billion in extra GDP for — wait for it — $834 billion of new federal debt. The lapdog media will keep playing alone with the government statisticians and the gaslighting academics. Fortunately, there’s millions of us who can see the emperor is buck nekkid.

Fresh GDP numbers came in and it was a blowout.

The kind of blowout only $2.7 trillion of deficit can buy. While the real economy crumbles.

To see why, in the past 12 months the federal deficit increased by $1.3 trillion. Yet we only got half that in GDP. In other words,… pic.twitter.com/0YTtXvWRrO

— Peter St Onge, Ph.D. (@profstonge) January 26, 2024

Full article to today’s video: $2.7 Trillion Buys “Spectacular” GDP Read it here, charts and all: “The lapdog media will keep playing alone with the government statisticians and the gaslighting academics. Fortunately, there’s millions of us who can see the emperor is buck nekkid.”   CLICK HERE

• “The kind of blowout only $2.7 trillion of deficit can buy.” It’s called monetary stimulus. It’s akin to living on a steady diet of cocaine and methamphetamine. – Douglas Ritz
• New GDP numbers: our real economy is shriveling while we borrow our way to fake prosperity. Mainstream media cheers “stunning and spectacular” GDP numbers bought with $2.7 trillion in federal debt. In reality, without the debt the economy actually shrank, with roughly 2/3 of the debt going to waste. This matches up with other data saying most new jobs — hence most new spending — is either government or government-assistance like migrants or welfare. What the Wall Street Journal calls the “Welfare Industrial Complex.” – Wall Street Silver
• In Q4 the government spent $3 for every $1 it added to GDP. That’s why the US economy is getting worse and the debt keeps skyrocketing despite the new GDP numbers. 2024 will be the worst year yet for the US economy under Biden. – Paul A S
• Our economy can’t handle this huge deficit. It’s like robbing Peter to pay Paul, and guess who’s stuck with the bill? Yep, future generations. We need to be smarter with our money, not just making empty promises. – Tes Lim

The great illusion of the self-congratulatory academics is how they ‘chain-weight’ inflation. The real number is over 40% in the last three years combined. These fools want the world to believe their make-believe numbers. https://t.co/1Z5ztww1fi pic.twitter.com/20IKjLizir

— 🇺🇸 Kyle Bass 🇹🇼 (@Jkylebass) January 26, 2024

It now takes $1.55 in budget deficit to generate $1 of growth… and it takes over $2.50 in new debt to generate $1 of GDP growth

https://t.co/IuIOobF67r

— Preston Pysh (@PrestonPysh) January 26, 2024

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