The *advanced* estimate is 2.0 percent, caused by a massive drop in consumer spending. I will bet you a donut the November revision will be much lower.…
"Disposable personal income decreased $29.4 billion, or 0.7 percent, in the third quarter"... as measured.

This is where you will see the next revision drop the advanced estimate number much further. Disposable income in Q3 shrunk much more than 0.7%
This is where you see the contraction. The revision in a few weeks will be more dramatic. Meaning these numbers will be worse.
What you are seeing there is exactly what we are doing as consumers. We are spending more on fuel, energy, housing and food (inflation). We are not spending on durable goods - at all.…
U.S. consumer purchases, ie. retail sales, account for two-thirds of our GDP.

When food units cost more unit sales do not increase. A 2 lemon purchaser still buys 2 lemons, only at a higher price.

Durable goods sales collapsed in Q3, & has not yet been accurately quantified.
Lastly look at import/exports and notice the net impact is not yet quantified.

Exports add to our GDP, but now they are negative (we are shipping less goods).

Imports deduct from our GDP (they dropped, which is ok) However, our exports dropped much more than our imports.

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More from @TheLastRefuge2

19 Oct
1) Last thread on current FBI motive to throw a bag over Deripaska.

Remember, Lisa Monaco is Deputy AG, and John Carlin is back in the DOJ-NSD position. Both of them participated in the illegal political surveillance operations against candidate Trump (that involved Deripaska)
2) Byron York previously outlined documents showing the communication between Trump Dossier author Christopher Steele and DOJ official Bruce Ohr.…
3) Within the early 2016 discussions, Chris Steele appeared to be advocating to Bruce Ohr on behalf of Oleg Deripaska who was banned from travel into the U.S. by the State Department.
Read 31 tweets
19 Oct
1) The story of the Russian hookers peeing on Donald Trump almost certainly came from a Russian billionaire named Oleg Deripaska.
2) Christopher Steele was actually a contracted employee of Deripaska, at least Deripaska was paying Chris Steele for some type of work in the U.K.

Find video of Tom Cotton questioning Chris Wray about Steele working for Oleg. It's out there.
3) Oleg’s U.S. lawyer was a guy named Adam Waldman. You might remember that Adam Waldman was also the legal liaison between Chris Steele and SSCI then Vice-Chairman Mark Warner.…
Read 21 tweets
11 Oct
2) When there is virtual zero risk to children and they want to jab age 5 and up children, it means this is not about health. Image
3) When a jabbed and an unjabbed person can both get and transmit the virus but only the unjabbed loses their job, it means this is not about health.
4) When Americans lose the right to decide what goes into their body, it means this is not about health.
Read 12 tweets
6 Oct
AG Merrick Garland’s Daughter Married to Co-Founder of Company Selling Critical Race Theory Resource Material to School Districts
Last Month..."Existing backers Owl Ventures, Emerson Collective, Uncork Capital, the Chan Zuckerberg Initiative and Tao Capital Partners"...…

cc: @BenjaminT0001 , @almostjingo , @MWBarnesEsq
AG Merrick Garland's son-in-law's real name is Alexander Newman Tanner.

Why would he want to go by the name "Xan"?
Read 5 tweets
4 Oct
I do not appreciate the label of "personality cult". Specifically because policies of the Trump doctrine are unique to Trump. His use of strategic econ leverage to achieve national security & expanded econ growth objectives are unmatched.

I will debate anyone on this.
The border security and migration “agreement” with Mexico was a brilliant example of President Trump in action.

Most were so focused on ridiculous personality issues they had no idea what he put into place.…
Overlooked by most financial pundits Trump pre-positioned risk mgmt with the basis for their analysis & internal investment advice.
In a similar move 2018, President Trump suspended tariffs against China based on an agreement (G20 in Argentina).…
Read 16 tweets
29 Sep

Overlooked by almost everyone. Pay close attention to the reason why General Mark Milley contacted the Chinese, as Milley stated during his testimony.
2) Video at 09:51

..."The specific purpose of the October and January calls were generated by concerning intelligence, which caused us to believe the Chinese were worried about an attack on them by the United States.”

3) The U.S. Intelligence Community, aka The Fourth Branch of Government, determined the Chinese were concerned.

Note what this is *NOT*...
Read 8 tweets

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