What’s Going On? Atlanta Fed Adjusts Expected US GDP Down by Roughly 40%

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What's Going On? Atlanta Fed Adjusts Expected US GDP Down by Roughly 40% | The Gateway Pundit | by Joe Hoft

Only a year ago, the US was experiencing its largest economic expansion in history. After the COVID nightmare, the economy was back on track and expanded 33.1% in the 3rd Quarter for the greatest GDP on record.

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By Joe Hoft
Published September 14, 2021 at 4:15pm

Only a year ago, the US was experiencing its largest economic expansion in history. After the COVID nightmare, the economy was back on track and expanded 33.1% in the 3rd Quarter for the greatest GDP on record.

IT'S OFFICIAL: Trump Crushes Record for Largest GDP Increase in US History -- 3rd Quarter GDP Up 33.1% | The Gateway Pundit | by Joe Hoft

The US Bureau of Economic Analysis (BEA) released its initial estimates for GDP growth in the 3rd Quarter and the result crushed all previous records!

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Oh, how times have changed under the Biden regime. The Atlanta FED has adjusted downward its expectations for the economy in the 3rd Quarter by 40%. Where the GDP estimate for the 3rd Quarter 2021 was above 6%, it is now slightly above 3%.

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The economy is next, even the FED is seeing it.​

 

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Evergrande Is Collapsing - Will Not Make Its Massive Debt Payments - 5 Times Bigger than Lehman Brothers | The Gateway Pundit | by Joe Hoft

This is really scary. These are big numbers that may affect the entire world.

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Biden Admits Life Sucks Under His Presidency, "For Too Many it's Harder and Harder to Pay Bills, Gas, Rent" (VIDEO) | The Gateway Pundit | by Cristina Laila

Joe Biden on Thursday delivered remarks on the crappy economy under his presidency.

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