Does This Chart Show That The Recession They Have Been Planning Has Already Begun?

Have you noticed that now there is a lot of chatter about how “Trump’s policies” threaten to plunge the U.S. economy into a recession?  The messaging that we are getting from so many prominent voices is so similar that one would be tempted to think that they are all getting their talking points from the same source.  Is some sort of a coordinated effort taking place behind the scenes? 

 Without a doubt, our economy is in really big trouble right now.  Our economic momentum was taking us in the wrong direction during the final stages of the Biden administration, and in recent weeks our problems have clearly accelerated.  About a month ago, I suggested that those that control the levers of financial power were up to something.  Could it be possible that what they have been planning is now playing out right in front of our eyes?

Within the past week, the Atlanta Fed’s GDPNow model has gone into a nosedive. Honestly, I have never seen anything like this. If you can believe it, the Atlanta Fed’s GDPNow model is now projecting that U.S. GDP will shrink by 2.8 percent on an annualized basis during the first quarter of 2025… (Ed note: Yes, Trump will be blamed for the coming economic collapse, but he did not cause it.)   (Read More)