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Here Comes The OBiden Recession, Stagflation As US Economy Shrinks

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We knew it was coming, now it has arrived — The OBiden recession The White House and their globalist masters have been yearning for and working towards.

It’s only going to get worse.

Wait until the OBiden ministry of truth gets rolling, the new DHS ‘misinformation agency’. Then we will really learn to love Big Brother.

GDP shrank ‘unexpectedly’ by 1.4% in this morning’s data dump.

Jen Psaki is going to circle back.


Continuing Jobless Claims (Apr 15) printed at 1.408M vs 1.403M consensus estimate.

Core Personal Consumption Expeditures (QoQ) (Q1) PREL printed at 5.2% vs 5.4% estimate.

Gross Domestic Product Annualised (Q1) PREL printed at -1.4% vs 1.1% estimate.

Gross Domestic Product Price Index (Q1) PREL printed at 8% vs 7.3% estimate.

Initial Jobless Claims (Apr 22) printed at the estimate of 180k.

Initial Jobless Claims 4-week Average (Apr 22) printed at 179.75k.

Personal Consumption Expenditure Prices (QoQ) (Q1) PREL printed at 7% vs 5.9% estimate.

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2 comments

Steven April 28, 2022 at 3:20 pm

Expect the FED to float a crypto currency called helicopter dollars.

Reply
tonysilva April 29, 2022 at 6:15 am

ALL of Joe Biden’s efforts and US monies are going directly into trafficking illegal children and women at the US southern border, with all now being shipped in nailed crates, as ordered by him. Joe Biden is being known as the HUMAN TRAFFICKER-IN-CHIEF, a title which suits him rightfully.

Reply

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