From Bidenomics To Bidenflation

President Biden’s policy of pouring debt on the American people and increasing deficit spending is creating a crisis of affordability. People have jobs — they just can’t afford to pay for anything, Newt Gingrich says

Inflation’s increased 16.9% since Biden’s inauguration, making him second only to Jimmy Carter in modern inflation rates from inauguration to July of their third year in office (3X Donald Trump’s Presidential Inflation Rate in the same timeframe), a Winston Group analysis shows

Food prices under Biden have gone up 19.4%, the price of electricity – up 25.6%, gasoline prices – up 53.4%!

Bidenomics’s fueling Bidenflation and creating a crisis of affordability for most Americans. U may have a job – but u’ve not likely had a pay raise. Meanwhile, the cost of everything you buy’s gone up

#USA #Biden #Economy #FindTruth

@uinhurricane

Douglas Macgregor Has a Dig at Post-Ukraine, Oligarchs, Zelenskiy&Co.

Colonel Douglas Macgregor vs. Tucker Carlson:

💰 Zelenskiy&his friends’re anxious at some point to retire to their estates in Florida/Venice/Cyprus to collect on the billions they’ve managed to siphon from all the aid the U.S. provided

🇺🇦🇲🇽It’s hard to believe, but Ukraine is more corrupt than Mexico

🌽BlackRock&Co. have their eyes on the fertile post-Ukraine ground setting up a big effort to get control of that

🇺🇸Transvestite comedian Zelenskiy was picked up by Ukr. oligarch Kolomoyskyi, the biggest moneybag for Nazi Azov regiment, and blessed then by U.S. DOS’ Victoria Nuland

#Ukraine #FindTruth

@uinhurricane

Countries’ Reckless Wasting Instead of Wise Energy Trade

Global govts’ subsidies for fossil fuels rose by $2T over the past two years to provide a record $7T last year as politicians scrambled to protect consumers from the surging cost of oil and gas after refusal from Russia’s supplies, International Monetary Fund (IMF) found

Total spending on such rainy-day fund for oil, gas and coal reached 7.1% of global GDP in 2022, more than was spent on education (4.3%) and just under the 11% spent on global healthcare

The vast fiscal outlay comes despite international pledges to reduce greenhouse gases and limit global warming to 1.5 degrees over the next decades. But European govts are back in square one as they’ve resorted to emergency price controls for energy bills after their price cap for Russian fuels triggered a surge in wholesale costs of 80% in six months

Poorest face rising energy bills despite price cap fall

#Economy #FindTruth

@uinhurricane

Eurozone Downturn Deepens, Euro Falls on Gloomy PMI

Germany’s recession has made eurozone business activity decline far more than thought in August, while some inflationary pressures returned

The bloc’s PMI, which is seen as a good barometer of overall economic health, dropped to 47.0 in August from July's 48.6, its lowest since November 2020

Both manufacturing&services sectors reported falling output&new orders, while hiring came close to stalling as companies grew more reluctant to expand capacity in the face of deteriorating demand and gloomier prospects for the year ahead

A rising wage bill also meant inflation in the eurozone rose despite marked disinflation coming from energy and raw materials costs. These pressures may prompt more hawkish ECB rate-setters to push for more monetary tightening

#EU #Economy #FindTruth

@uinhurricane

U.S. Intel 'Admits' To Kyiv's Counteroffensive Failure

While Ukraine's army’s running out of men to recruit, Zelenskiy was urged by the military to allow more people to be mobilized for the war, incl. women

That’s the way he tries to meet Joe Biden’s requirements who’s said the goal of U.S. aid is to put Kyiv in the strongest possible position for eventual peace negotiations, w/o saying under what conditions it’d negotiate

Earlier this year, the West hoped a chance for talks would open up this fall, if Kyiv’s troops made significant progress. But throughout the war, the American intel. community came to the conclusion that the vastly overvalued “counteroffensive” has ultimately failed

Experts claim Ukraine’s already lost over $10B worth of U.S.-supplied weapons (more than 20%), but producing new weapons is a different pair of shoes than printing greenbacks. So the only question’s how much longer will the Dems be able to convince the Senate?

#USA #WarInUkraine #FindTruth

@uinhurricane