WOW! PDJT Dropped A Nuclear Bomb On China….. 4th Quarter & Annual Real GDP Rates Released This Morning…..

President Xi thought our President would be so desperate that he would take the deal that Chairman Kim offered last night. There was no way that PDJT would walkaway.

Walkaway is exactly what he did! There were daggers coming out of our President’s mouth during that press conference. Every single comment was geared to President Xi, the Globalist, MSM and the Uniparty.

The price tag has gone up and there is absolutely nothing they can do to reduce it. Either you will take your medicine or you will be DESTROYED. There no longer will be negotiations with North Korea. By walking away, our President set the terms for the final agreement.

Over the next few weeks, you are going to see actions taken by our country. More individual sanctions on Chinese people and corporations that are still dealing with North Korea. An EO stating that any country that does business with Huawei will be forbidden from doing any business with our country including the sharing of intelligence.

You want to play stupid games you will win stupid prizes!

The Chinese Economy is HEMORRHAGING!

From the article linked above:

  • The official Purchasing Manager’s Index (PMI) fell to 49.2 in February, data showed on Thursday, the weakest level since February 2016.
  • This comes as export orders fell at the fastest pace since the global financial crisis, highlighting deepening cracks in an economy facing weak demand at home and abroad.
  • “Unless the trade war truly turns into an extended truce, the weakening trend may not end quickly,” Iris Pang, Greater China economist at ING, said in a note. “As such we expect March’s PMI to fall, too.”

Factory activity in China contracted to a three-year low in February as export orders fell at the fastest pace since the global financial crisis, highlighting deepening cracks in an economy facing weak demand at home and abroad.

The gloomy findings are likely to reinforce views that the world’s second-largest economy is still losing steam, after growth last year cooled to a near 30-year low.

Meanwhile our Economy is stronger than ever! The Atlanta Federal Reserve GDP Now predicted the 4th Quarter would only reach 1.8%. Boy were they ever off!

From the article linked above:

  • GDP rose 2.6 percent in the fourth quarter, ahead of estimates of 2.2 percent, according to the Commerce Department.
  • An increase in consumer pending helped boost the number, while imports and residential investment were a drag.

Economists surveyed by Dow Jones expected a gain of 2.2 percent after a 3.4 percent rise in the third quarter. The growth came amid a bevy of uncertainty and a time when the stock market briefly slid into bear market territory.

Growth was helped by a 2.8 percent rise in consumer spending along with increased nonresidential fixed investment, exports, private inventory investment, and federal government spending. Weakness in residential fixed investment, which fell 3.5 percent, and state and local government spending served as a drag. The gross private domestic investment gain slowed to 4.6 percent in the quarter after a robust 15.2 percent rise in the previous period.

PAY VERY CLOSE ATTENTION TO THE PARAGRAPH BELOW!

Exports rose 1.6 percent in the quarter, reversing a 4.9 percent decline in the previous quarter, while imports increased by 2.7 percent, making trade a slight net negative.

Charles Payne is absolutely right in the tweet below! The one-two punch isn’t going anywhere. It is only getting stronger.

The Annual 2018 real GDP rate was 2.9%. We missed the 3% target that hasn’t been reached since 2005. However, we may just get their when the final revision occurs on March 28th for the 4th Quarter.

There is absolutely NO slowing down the ECONOMIC TRAIN in 2019!

From the article linked above:

The MNI Chicago Business Barometer (PMI) rose by 8 points to 64.7 in February, the highest since December 2017. That easily beats the consensus forecast at 56.1.

“The sharp pick-up in the Barometer to a level not seen in over a year, underpinned by the growth in demand and production, showcases a healthy image of the U.S. economy,” said Shaily Mittal, Senior Economist at MNI Indicators.

“With the Fed’s cautious approach towards monetary tightening along with soft inflation, firms remain optimistic about their business activity,”

Forecasts ranged from a low of 55.0 to a high of 60.0. Instead, the month’s gain was last matched in February 2017 and surpassed only by the 12.5 points hike recorded in January 2016.

AMERICA FIRST ALWAYS AND FOREVER!

WE ARE ABSOLUTELY WINNING!

89 thoughts on “WOW! PDJT Dropped A Nuclear Bomb On China….. 4th Quarter & Annual Real GDP Rates Released This Morning…..

    1. The lying msm will portray this as a fail by President Trump but watch the panda shit itself. They assured rocket boy that Pres Trump would not dare lose face by not signing but he walked by their petty trap like it was a dog turd. Watch rocket boy crawl. Lol. He can crawl over broken glass and be grateful for any scraps the lion deigns to toss his way in the end. China has played their ace and watched the ante being effortlessly upped. China is looking at the abyss.

      Liked by 12 people

              1. That would screw up all this preparatory work; making friends, exuberant public praise for Un, etc.

                I hope God keeps him alive at least until DJT completes the mission.

                Liked by 2 people

          1. True. The thing is, I think Ronna might be able to give a lot of the current contenders a run for the money on “getting Trumpism”. The P Brothers (Pence and Pompeo) are very capable as converts to the new religion, and have all that experience, but this gal seems to be preaching the word from the heart. Great sign. We are starting to BUILD THE TALENT for 2024.

            AOC? Tlaib? Ilhan? Beto? OMG – the best they can do there is win on SNEAKINESS (Ilhan), DUMB CUTENESS (AOC), ALIBI CREATION (Tlaib), or foot in mouth (Beto).

            Liked by 8 people

              1. I like Pence, and I trust that our VSG picked him for a lot of reasons, so I’m AOK with him.

                BUT……

                The thing is, Trump COULD do a “Sessions-to-Barr” move and switch VPs if he thought it would be useful. IF SO, then (in my opinion) PENCE himself would see the wisdom of it and approve, IF I’m right about Pence (and I think I am).

                But if Trump sticks with Pence, I’m very happy. I am totally happy with him.

                Indiana has Senate seats coming open in 2022 and 2024. IF either of the current senators is not seeking re-election or is in trouble, Pence could go back into the Senate. Something to ponder.

                I like Palin. Anything that gets her in office is good with me, as long as it WORKS. Taking out Murkowski would be my preference.

                Liked by 3 people

        1. If you swing your shovel around above your head, or your wonder sabre, you’re sure to clear a few tables, which will help you get seated faster 🙂

          Liked by 6 people

          1. LOL, or I could mumble a lot and scratch myself and pick fake bugs off of myself and ask inappropriate questions, loudly!

            It IS annoying (a bit) to have to wait now, but there were some long, lean years in our local restaurant businesses so on the whole I’m happy they are making some money and that my town has folks who are doing better financially so that they can afford to come out for dinner.

            I still hate waiting, and am happy to blame my wait on PDJT! 🙂 🙂 🙂 God bless that man.

            Liked by 6 people

        2. The best little Mexican restaurant around is getting so busy it’s nearly insane. Everything is made fresh on the premises. We are usually there at least 4x a month or more. I mentioned how busy it’s been getting to the owner who grinned from ear to ear. Then I said it’s the economy, and he agreed.

          He and his brother are opening up a second restaurant in a couple of months in another, more affluent town. These guys and all their employees are obviously first generation Mexican, and the first time we walked into the place I was wearing my Trump pin, and kept wearing it until last year. They are capitalist Mexicans. 🙂

          Liked by 8 people

  1. Liked by 17 people

  2. People keep forgetting that the USA can exist WITHOUT the rest of the world quite nicely thank you!

    We might not have the exotic fruits but we have just about everything else and IIRC from some USDA/FDA stats from a while ago, the USA produces TWENTY FIVE PERCENT of the grains exported on the world market.

    We have the FOOD….

    China is scrambling to get farms in Africa. That is why there is a WAR on WHITE South African Farmers.

    President Trump is shifting some of this Chinese GDP BACK to the USA.

    Liked by 22 people

    1. Gail hits on something really important here. China cannot sustain its population with its own resources.

      Advances in medicine have been implemented in China (and lots of other places worldwide) that have caused the population to explode. Increases in agriculture production and/or industrial capacity have not kept pace.

      The Chinese have been rapidly building mega cities and seeking to grow their manufacturing base around their new cities to provide work for and limit poverty among the rapidly growing population. This has exposed several problems:

      — They lack the energy resources and raw materials to sustain a world class industrial base,
      — They are only moderately innovative and thus have had to rely on theft in order to obtain innovative technologies, and
      — The need to channel investment capital into machinery, buildings, railroads, roads and ships (combined with the wealth skimmed off by their leadership) results in only very small increases in the standard of living of their people.

      Add to this the fact that their population growth has already outstripped their ability to grow food — recall that less than half of China’s land mass is arable — and it all adds up to a strong need to be embedded in some form of trading block that will allow China to sell its excess of labor for raw materials, energy and food.

      Liked by 12 people

      1. A Fortiori,

        That is exactly what I was trying to say. China has MAJOR population problems including an excess of adult males.

        E.M. Smith had a very good discussion on the subject a few years ago.
        https://chiefio.wordpress.com/2015/11/05/china-debt-demographics/

        Now the propblem is worse because of a developing middle class that HAS had a taste of the ‘better life’ and will not willingly go back to starvation/bare subsistance.

        Liked by 14 people

        1. Oh, and if the sun is headed into a solar minimum the food problem in China is going to be even worse and they KNOW IT!

          Less of a temperature differential between the equator and poles means less storminess. A shifting of the rain bands can mean drought or flooding depending on the location. However with a solar minimum we see an INCREASE in the temperature differential between the equator and poles.

          MONSOONS
          These are only a few of the papers I have archived.

          The Holocene Asian Monsoon: Links to Solar Changes and North Atlantic Climate (Links to more articles)

          A 5-year-resolution absolute-dated oxygen isotope record from Dongge Cave, southern China, provides a continuous history of the Asian monsoon over the past 9000 years. Although the record broadly follows summer insolation, it is punctuated by eight weak monsoon events lasting ∼1 to 5 centuries. One correlates with the “8200-year” event, another with the collapse of the Chinese Neolithic culture, and most with North Atlantic ice-rafting events. Cross-correlation of the decadal- to centennial-scale monsoon record with the atmospheric carbon-14 record shows that some, but not all, of the monsoon variability at these frequencies results from changes in solar output.

          Paleotemperature variability in central China during the last 13 ka recorded by a novel microbial lipid proxy in the Dajiuhu peat deposit
          hol(DOT)sagepub.com/content/23/8/1123.abstract

          The Asian summer monsoon is a very important climatic component affecting the land ecosystem on the eastern Asian continent…. Fluctuations in the continuous 13 ka BNA15-derived record of relative temperature change from the Dajiuhu peat core imply that solar activity is the dominant cause for most cold events at multicentennial to submillennial timescales.

          Atlantic Forcing of Persistent Drought in West Africa
          (wwwDOT)sciencemag.org/content/324/5925/377.abstract

          ….We combined geomorphic, isotopic, and geochemical evidence from the sediments of Lake Bosumtwi, Ghana, to reconstruct natural variability in the African monsoon over the past three millennia. We find that intervals of severe drought lasting for periods ranging from decades to centuries are characteristic of the monsoon and are linked to natural variations in Atlantic temperatures…..

          Decreasing Asian summer monsoon intensity after 1860 AD in the global warming epoch
          (DOT)springer.com/article/10.1007%2Fs00382-012-1378-0

          The trend of the Indian summer monsoon (ISM) intensity…. In this study we reconstructed the ISM intensity during the past 270 years… A notable feature of the reconstructed ISM intensity is the gradually decreasing trend from about 1860 to the present, which is inversely related to the increasing temperature trend contemporaneously. Such “decreasing ISM intensity–increasing temperature” tendency can also be supported by ice core records and meteorological records over a wide geographic extension. The decrease in sea surface temperature gradient between tropical and north Indian Ocean, and the decrease in land-sea thermal contrast between tropical Indian Ocean and “Indian sub-continent–western Himalaya” are possibly responsible for the observed decreasing ISM trend.

          Liked by 8 people

          1. Damn, I never thought this global warming thing would be so cold!! I’m freezing my ass off in Oklahoma right now! Saturday is supposed to be low of 7 degrees—that’s a Three Dog Night!!! Wonder if Eli’s coming??

            Liked by 7 people

              1. One of the things I loved about Pueblo, CO – it is located in kind of a valley between Co. Springs/Denver and Raton Pass. Very little snow right there in Pueblo but the mountains easily accessible in either direction, altho I have never been on skis in my life. I’ve seen enough snow in my lifetime – it is NOT a draw for me. Now the lodges, toddies around the fire, THAT is a different story!

                Liked by 2 people

      2. “… less than half of China’s land mass is arable …”

        That fact is rendered incorrect by Israeli hydroponic greenhouse technology. But in order to access that treasure trove, one would have to be really nice to Israel. Not sure that China thinks that way, or is capable of behaving that way.

        Liked by 1 person

        1. Yes, but as with all countries, they have limited resources with which to invest and they must make choices. Investing in agriculture would not employ as many people, which is a critical need. And investments in a manufacturing base will yield higher returns on the capital employed. Finally, agricultural products can be imported less expensively than can manufactured goods. Putting these things together means that moving investment capital into areas other than agriculture is more likely to maintain or increase the Chinese standard of living. But this course of action puts pressure on being integrated into beneficial trading relationships (which, in turn, is probably why PDJT has emphasized long term deals to supply food).

          Like

      3. From 2014 and I think I heard something recently about them looking at Tyson Foods? This sale of Smithfield, and my objections to it, provided the impetus for my brother (who has worked for them for around 30 years) to insist I remove him from my e-mail list. Ah – gotta love that family dysfunction!

        “Smithfield Foods is the largest pork producer and processor in the world. It has facilities in 26 U.S. states and it employs tens of thousands of Americans. It directly owns 460 farms and has contracts with approximately 2,100 others. But now a Chinese company has bought it for $4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural communities all over America.

        And the Chinese seem to have a particular interest in economically-depressed areas of the country. Perhaps they feel that now is the time to gobble up companies and properties in such areas for bargain-basement prices. For instance, the following is from a CNBC article that detailed how the Chinese are aggressively “putting down roots in Detroit”…”

        https://www.zerohedge.com/news/2014-04-03/chinese-are-buying-large-chunks-land-across-america-and-zillow-now-enabling-it

        Liked by 2 people

        1. That makes me very nervous too. Our CORRUPT Politicians, not only allowed monopolies (cartels) to form then then allowed those monopolies to be sold to non-friendly governments.

          At one point I thought there were laws about just how much land et al could be sold to those outside the USA.

          Liked by 3 people

  3. Xi: “I have a fun game called ‘human shield’! Everybody wins! Who wants to volunteer?”
    Kim: “I will! Trump’s shooting blanks – right?”
    Xi: “What do YOU think? YOU are the smartest person, much smarter than Trump!”
    Kim: “He’s shooting blanks!”
    Xi: “Well, if you’re wrong, I’ll be in your corner against mean old Trump, don’t you worry.”
    Kim: “Whoopee! Let’s go! I’m glad you gave me that copy of his book!”
    Xi: “Why of course. What are friends for? I wanted to make sure you were FULLY prepared.”

    Liked by 17 people

  4. Meanwhile the Trump Judicial Army is on its way!

    Liked by 17 people

    1. There are still two empty seats on the Federal Reserve Board. Only five out seven spots are filled and it is aperquisite to being considered for the Fed Reserve Chairman (currently Jerome Powell). They require Senate confirmation too.

      Although Quarles was nominated by PDJT at the same time Powell was chosen to take the chair, it would be nice if our president got another look around. The fact that Powell and Quarles both at one time worked for the Carlyle group seems a bit irksome to me.

      From their bios at the Fed page.

      “Prior to his appointment to the Board, Mr. Powell was a visiting scholar at the Bipartisan Policy Center in Washington, D.C., where he focused on federal and state fiscal issues. From 1997 through 2005, Mr. Powell was a partner at the Carlyle Group.”

      “Prior to his appointment to the Board, Mr. Quarles was founder and managing director of the Cynosure Group, a Utah-based investment firm. Before founding the Cynosure Group, Mr. Quarles was a partner at The Carlyle Group, a private equity firm based in Washington, DC.”

      Liked by 2 people

    1. Yes, there is reason to believe that the particular type of nuclear weapons NOKO has developed were intended to generate an EMP over the US. Without electricity, those of us who live in and around major population centers would not last long. This risk, along with Chinese and Russian tests of kill satellites that could eliminate our military, communication and GPS satellites in space are probably the key reasons for the Space Force.

      Liked by 12 people

        1. That guy Pry is an extremist on the EMP. Our systems are a lot more secure then he is stating. A Carrington event would not take out any where near as much as he states. Also, the number of redundant and backup systems is greater than stated.

          Lightning strikes are as bad as an EMP and power companies have to deal with those all the time. Same principal with the protection. Yes, you will lose some stuff but not everything and not close to 90%.

          Liked by 1 person

          1. “…Lightning strikes are as bad as an EMP and power companies have to deal with those all the time….”

            Agreed, However the problem is the lead time in getting NEW EQUIPMENT BUILT and most of that is now built in China. You can take out one or two pieces of equipment — no problem because there are replacements available. Take out LOTS and you can not replace the equipment for a couple of years. Also HOW do you do the building if the electric is out?

            I saw the problem in a factory I worked at where the screws for the injection molding machines had a 6 month lead time and the POS HAAAaaavard Grad who was plant manager never replace the spare screws. Great bottom line, moved to a better company and then the fecal material hit the fan as the screws wore out.

            http://chiefio.wordpress.com

            Had a good discussion about it among the Techie Types who were the ones to point out the problem was builting the replacement equipment. Also pointed out a much worse and more likely problem which I will not repeat.

            Liked by 1 person

              1. Journal Paper on Carrington Event:

                https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4669545/

                Abstract

                The beginning of September 1859 was the occasion of the first and unique observation of a giant solar white light flare, auroral displays were observed at low latitudes and geomagnetic observatories recorded exceptional storms. This paper reviews the impact of the event on the earth system with a special emphasis on living processes using the historical record and current scientific analysis. The data used includes reports from the telegraph operators, mortality and morbidity records, proxies as agricultural production. Comparisons with later solar flare events will be attempted on the basis of the record and the consequences of an event of comparable magnitude to the 1859 set of flares will be discussed…..

                Lessons for the 21st Century
                Extrapolation to current equipment is not easy
                but major communication equipment built around optical fibres links are much less sensitive to perturbations than the 1859 network, the biggest issue with ground induced currents would reside now in the power distribution network with long lines, high voltages and sensitive transformers. Regional electric black-outs have already happened and corrective procedures have been taken, in particular, the phase synchronisation of the power network has been increased and the large power distribution companies while never guaranteeing continuous supply study tend to care for business continuity for which now an ISO norm has been designed: “ISO 22301 – Societal security — Business continuity management systems Requirements”. (http://www.iso.org/iso/home/store/catalogue_tc/catalogue_detail.htm?csnumber=50038). The set of procedures developed prepares for rapid recovery mitigation of natural disasters. In general conclusion, previous black-outs have alerted the different stakeholders of the power and communication networks and readiness level keeps increasing at both national and international levels….

                According to a 2008 report from the National Academy of Sciences, it [Carrington Event] could cause “extensive social and economic disruptions” due to its impact on power grids, satellite communications and GPS systems.

                …in 1989, a severe geomagnetic storm caused the collapse of Quebec’s electricity transmission system, and the entire province suffered an electrical blackout. The effects of this storm in Canada were as far reaching as the United States, causing more than 200 power grid problems nationwide that day.

                “….There are around 300 key transformers that are used in the initial segments of the U.S. Electric Grid. There are few spare transformers, and the time it takes to manufacture a replacement can take more than a year under normal conditions. These units are not manufactured in the United States, making replacements difficult to obtain….” So no I was not talking out of my nether reaches.

                To ignore this possible danger is idiotic if we can harden our grid to withstand the problem. That is what the law, signed by President Trump was meant to do.
                ………….

                I forgot to mention lightening strikes can be really wierd.

                At a company I worked for the X-Ray machine was in a faraday cage well away from any outside walls. However it had a ground wire runing down into the earth. A nearby lightening strike ran through the earth, up the ground wire and took out the X-Ray machine….

                (Please note that I can no longer access most sites. I suggest you look at the NASA site, since I no longer can.)

                I think this is the E.M. Smith/Techies’ discussion I was refering to:
                https://chiefio.wordpress.com/2015/10/28/emp-a-summary-starting-point/ “Some links and discussion of EMP risks.”

                Liked by 1 person

        1. I really wish we had a full on sci-fi series where the American Galaxy led by President Trump take over the Universe and crush the Galactic Soviet Empire. Even an intentionally campy movie or show could be 1000x better than the latest Star Wars movies when you crank all the meme’s to 11.

          I used to dream about this; then Trump announced the Space Force!

          Liked by 3 people

  5. A shot across the bow:

    From Pres. Trump’s remarks at the press conference in Hanoi:

    “And speaking of China, we’re very well on our way to doing something special, but we’ll see. I mean, I am always prepared to walk. I’m never afraid to walk from a deal. And I would do that with China, too, if it didn’t work out.”-Pres. Trump

    Liked by 11 people

  6. All this is great but the growth has not slowed the exploding debt. That is very disturbing and eventually will affect everything else. It’s a ticking time bomb. Spending has to decrease or we have to outgrow it. It does not appear the Fed will lower rates anytime soon. Once I see the debt reducing then I know we have turned the corner.

    Like

    1. Also it is very unseemly for the Fed (Powell) to bitch about the deficit while they are raising the rates that drive it. He’s talking out of both sides of his mouth. That pisses me off bigly.

      Liked by 1 person

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