Yellen reminds me of Macron talking nonsense about Taiwan 🇹🇼 after drinking his Chinese tea in Beijing. - She only ate Yunnan psychedelic mushrooms. Lol
Labor force participation (LFP) rate remains persistently low at 62.6% as of July 2023, almost a percentage point below its pre-pandemic level in February 2020.
Isn’t she Treasury Secretary? Or more accurately Debt Manager? Not a single question of exploding debt and deficits, or more alarming, the interest required to keep this scam going. Shouldn’t she be asked why she encouraged massive borrowing on the short end. BECAUSE RATES ARE LOW!
Not so long ago, China's 🇨🇳 economy was known on Wall Street as the "Madoff economy." - The Chinese regime reported 10% growth regardless of what happened to the economy.
Poor monetary and fiscal policies since 2008 have caused the economy to sorely malfunction. They caused runaway inflation and low productivity. Hope the Fed and politicians have learned their lessons.
Here is a leading indicator for you: More trucks chasing less goods, rates are down big time, and diesel, truck prices, and wages are way up. Feels like stagflation in the trucking industry. Lots of truck companies going under, and borrowing miles against their truck equity. No cheap rates to refi dept, means more insolvency to come. The kicker is that Mrs Yellen must know that, and she is just lying to everyone's face to campaign for her party and employment. It's pathetic from our civil servants.
@@samsungnewlife8739the GDP numbers are never real. They are always nominal. They reduce it by the GDP deflator that in the US (for several reasons including corruption I wouldn't be surprised) is chronically underestimated. Whatever the number is reduce it by 1,5-2% and you'll have a better approximation. To see any decent real growth the US has to grow at least 3% per year because you know a large chunk of that is fake national accounting.
China and india has over 1 billion people , gdp for sure with be high, but gdp per capita still way behind from developed countries.japan South korea, Singapore, UK Germany US Canada....
@@GodEmperorSuperStar that's right. it's a leading indicator. More trucks chasing less goods, rates are down big time, and diesel, truck prices, and wages are way up. Feels like stagflation in the trucking industry. The kicker is that Mrs Yellen must know that, and she is just lying to everyone's face to campaign for her party and employment.
Yellen: "de-risking and diversifying" of its economic ties to China, by investing in manufacturing at home and by strengthening linkages with allies and partners around the world, including Indo-Pacific countries. So a country has to be your "ally or partner" yet she says she doesn't want countries taking sides. It's she not speaking nonsense? Speaking through her nose?
Yellen reminds me of Macron talking nonsense about Taiwan 🇹🇼 after drinking his Chinese tea in Beijing.
- She only ate Yunnan psychedelic mushrooms. Lol
What’s the difference between the Macron’s nonsense about Taiwan and your nonsense about Taiwan?
Print .ore money than last quarter and you will see a bigger number next quarter 🎉🎉
Labor force participation (LFP) rate remains persistently low at 62.6% as of July 2023, almost a percentage point below its pre-pandemic level in February 2020.
Isn’t she Treasury Secretary? Or more accurately Debt Manager? Not a single question of exploding debt and deficits, or more alarming, the interest required to keep this scam going. Shouldn’t she be asked why she encouraged massive borrowing on the short end. BECAUSE RATES ARE LOW!
Not so long ago, China's 🇨🇳 economy was known on Wall Street as the "Madoff economy."
- The Chinese regime reported 10% growth regardless of what happened to the economy.
Why does she keep mentioning Biden 🤣🤣🤣 If he can change his own diaper, I might vote for him 😂😂😂
She is Biden’s most loyal sidekick or mistress😅
Poor monetary and fiscal policies since 2008 have caused the economy to sorely malfunction. They caused runaway inflation and low productivity. Hope the Fed and politicians have learned their lessons.
Ofc it “grows”, when government spending is thru the roof and real inflation is still high.
2 trillion build back better is proping up the market....soon chaos...good job .....no soft landing
Do GDP numbers include zero dollar purchases, which probably have an anti-inflationary effect as well?
"war" is driving the cost of shipping up. Inflation will follow.
USD -> Gold -> Petrodollar -> US Bonds
Here is a leading indicator for you:
More trucks chasing less goods, rates are down big time, and diesel, truck prices, and wages are way up. Feels like stagflation in the trucking industry. Lots of truck companies going under, and borrowing miles against their truck equity.
No cheap rates to refi dept, means more insolvency to come.
The kicker is that Mrs Yellen must know that, and she is just lying to everyone's face to campaign for her party and employment.
It's pathetic from our civil servants.
Trickle down economics always was a complete joke of an economic theory. As long as we love from that we will be better off.
How does inflation impact GDP. If it is 4% and if inflation is 4% surely this means real growth is 0. Can someone with economics knowledge comment.
Believe the gdp number is real. Not nominal.
Ask about government spending and it’s implied effects while you’re at it.
@@samsungnewlife8739the GDP numbers are never real. They are always nominal. They reduce it by the GDP deflator that in the US (for several reasons including corruption I wouldn't be surprised) is chronically underestimated. Whatever the number is reduce it by 1,5-2% and you'll have a better approximation. To see any decent real growth the US has to grow at least 3% per year because you know a large chunk of that is fake national accounting.
China and india has over 1 billion people , gdp for sure with be high, but gdp per capita still way behind from developed countries.japan South korea, Singapore, UK Germany US Canada....
Truckers hurting and going out of business. Why?
Trucks haul goods that fewer people can afford so fewer trucks.
@@GodEmperorSuperStar that's right. it's a leading indicator. More trucks chasing less goods, rates are down big time, and diesel, truck prices, and wages are way up. Feels like stagflation in the trucking industry.
The kicker is that Mrs Yellen must know that, and she is just lying to everyone's face to campaign for her party and employment.
@@alexlyons2371 the only fear we have is fear itself
Well that and WWIII and Peak Oil and stuff
Yes 30+ trillion and writing billions by the minute 😂
Yellen: "de-risking and diversifying" of its economic ties to China, by investing in manufacturing at home and by strengthening linkages with allies and partners around the world, including Indo-Pacific countries.
So a country has to be your "ally or partner" yet she says she doesn't want countries taking sides. It's she not speaking nonsense? Speaking through her nose?
trifecta
Senorita Janet Yellen mucho incompetento. Mucho Gracious
Thank you for being so incompetent leading the US straight to the food stamps line.
The Economy is strong a resilient
Is she high?
Bottom up economy 👍
Or up your bottom economy