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Feb. 5, 2024 - X22 Report
22:49
Ep 3274a - Trump Revealed The Economic Plan For The 2024 Election, Down She Goes
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Hi, and welcome and welcome to the
You're listening to The Axe 22 Report.
My name is Dave and this is episode 3274 and today's date is February 4th, 2024 and the title of the episode is Trump revealed the economic plan for the 2024 election.
Down she goes!
Let's talk about protecting our wealth.
To look at the banks, you'd think there was nothing wrong.
But look under the hood, and it's a mess.
Everyone's getting itchy feet.
Commercial property car loans, credit cards are at all-time highs.
Why chance it for a 3% return?
Get noble gold investments on your side, so even if the banks crash again, you'll be okay.
They'll talk to you about keeping safe with precious metals.
Their experts are waiting right now to offer you a free quarter-round gold standard coin if you qualify.
Act now before it's too late.
Visit x22gold.com.
That is x22gold.com.
The only gold company I trust.
Or click the link in the description.
Let's get right into the economic collapse financial news.
Now the deep state, the corrupt politicians, their private Western central bank, the World Economic Forum.
They are losing on all fronts right now and the IMF, they are panicking because it looks like the installed politicians, they are now folding and they're giving in to the demands of the farmers and the people of their country.
And I do believe this is going to continue as time goes on because the people, they're starting to realize, they're starting to understand, they're awake now.
And they understand what's going on.
And the IMF, they are panicking over all of this because they realize they're losing their grip.
They're losing their narrative.
And they know in the end, they're not going to be able to get this back because once the people are awake, once the people understand what's going on, it doesn't matter what they say.
It doesn't matter what they do.
The people aren't going to go along with this.
And we could see that the entire world is now changing.
Remember, this is all happening because they didn't have an event.
And I'm talking about the Deep State, the Central Bank, the World Economic Forum.
They didn't have an event to cover up everything that they're trying to do.
And since they're doing it out in the open, The people of this world, they can see exactly what's going on.
And as people see more and more, the people understand what's actually going on.
They see the economy breaking down.
They see layoffs are picking up right now.
And I do believe that Trump just let us know what their strategy is.
They're going to prop up The market the best they possibly can as we get closer and closer to the presidential election.
And I do believe at some point the market's going to come down and everything's going to be blamed on the Fed, the Treasury, the Biden administration.
And Trump is going to be sitting there telling everyone, look, I told you, look, look what happened to the economy.
Look what's going on right now.
And I do believe Trump the Patriots want the Biden administration to take ownership of the market and this is why Trump is out there letting everyone know the market's going up because they know that he's going to win and what he wants them to do is to take ownership of the of the stock market so as we get closer and closer to the presidential election all blame will be on them.
Now we'll be talking about that in just a sec but first We can see it started out in the Netherlands with the farmers there and then it spread and now we see the Irish farmers.
They're beginning countrywide protests in solidarity with the European farmers.
We have farmers out in Portugal.
They are now joining in in the fight and when you add all this together, what do you have?
You have the popular farmer and trucker protests in the Netherlands, Germany, Poland, Romania, France, and now Belgium.
It is continuing all over the place and the people, well, they're rising up because they had enough.
And the more the deep state does, the more the central bank does, the more the World Economic Forum does, the worse it's going to get for them.
Just like the Green New Deal right now.
The Green New Deal is pretty much in the toilet.
I mean, look what's happening with the EV sales.
Even Germany now is feeling that pressure.
German vehicle sales are projected to drop for the first time in eight years as signs of slump in the EV market are spreading.
And think about it, most of the German manufacturers today, all they're producing is electric vehicles.
This is not going to work out too well for them and it's going to be a complete and utter disaster in the end.
But you can see that the Deep State Players, the Central Bank, the World Economic Forum, Even with the economy breaking down, with everything completely and utterly falling apart, they're still pushing their agendas like ECG, DEI, and everything else like that.
And that is going to destroy companies in the end.
And I do believe Trump and the Patriots, they knew in the end they would follow this path, they would push ECG investing.
And you can see that a lot of companies are now backing off of that because they're losing money.
We also know that they would follow the path with DEI, diversity, equity, and inclusion, and they were going to bring in people that fit that mold.
Instead of bringing in people that are the best candidates for the job.
And you know what's going to happen in the end.
The companies are going to fail.
And you can see they're pushing this.
A recent study from the American Psychological Association, hiring the most qualified candidate might be unfair.
Managers should learn about the effects of socioeconomic inequalities to properly promote equal opportunity.
Translation?
Yeah, just fill a quota, follow the person's skin color, forget about if they're the best of the best for the job, and bring those people in.
Well, we've seen what happened with that.
What happens when you bring in people that have no idea what's going on and you're basing it on skin color, you're spacing it on gender, you're basing it on everything except the abilities of that person.
Well, we're going to see a lot of companies start to fail and you're going to see them backtrack.
Very, very quickly, especially with what's happening in the economy.
We're starting to see layoffs all over the place and we're starting to hear job cuts in earning calls right now.
Genevieve Roque, Dexter on X, put this out and said, mentions of job cuts and earning calls hits pandemic peak.
Layoffs are being mentioned on U.S.
earning calls at the highest rate since the pandemic.
We know exactly what's going to happen right now.
We're going to see many corporations lay off.
We're going to see a lot of people pissed off and angry, and people are going to understand who's responsible for this.
Actually, voters are already starting to understand who's responsible, because when you're not making money, when you don't have a job, you can't pay your bills, you know exactly who's responsible, and there's nobody that can tell you otherwise.
They can try to gaslight, but it's not going to work.
And we could see already, and this is coming from Genevieve Roque-Decter, layoffs announcements total 80,000 in the U.S.
in January.
This is the most in 10 months, and a 136% increase from December.
UPS, PayPal, Microsoft, Google, and the list goes on, all announcing big layoffs.
How do you think this is going to play out in the end?
I mean, Trump is letting everyone know that we're heading towards a recession.
Actually, it's probably going to be very close to a depression.
And we know to get there, what do you got to do?
You got to lay off people.
The economy breaks down.
Stores close.
And when people start to see this, do you really think people are going to vote for Biden?
Do you think people are going to say, wow, the Fed is doing a great job?
Treasury?
Incredible.
This is a great soft landing.
No, the people are going to say, what did you do to the economy?
It's completely and utterly a disaster.
But again, what do these people do?
They blame it on everybody else.
They don't take the blame.
If oil prices are too high, well, it's the oil producers.
They're the ones who are jacking up the prices.
If food is moving up and it's getting out of reach for many, many people because it's very expensive, What do they do?
They blame it on the grocery store, and that's exactly what Biden has done.
Biden now has blasted the grocery stores for ripping off the people.
He vows to pressure them on pricing.
So do you really think it's the grocery stores that are actually jacking up the prices?
No!
It's his policies.
It's everything that they have done.
Remember, They've pushed stimulus, which means there's more currency in circulation, which means the value of the currency declines.
And if the value of the currency declines, you need more pieces, more of those pieces of paper to buy the same exact thing.
But you can see the people out there, they're not buying what he's selling.
He can try to gaslight, but the people, they're pretty darn smart and they know exactly what's going on.
Phil Holloway put this out on XSaid, Biden takes aim at grocery stores for ripping people off and may continue high prices.
Played for suckers.
He thinks we are stupid.
And he's absolutely right.
He thinks that the American people won't know exactly what's going on, but the people are awake.
The people see what's going on and they know it's not the grocery stores and they know it's not the oil companies.
They know it's his policies and the economy is breaking down and I do believe is going to break down even further as we get.
Closer and closer to the presidential election and I do believe Trump is letting us know that this is the direction that we're heading in and you could see that everything starting to fall apart.
We have commercial real estate crash is now unfolding and regional banks are feeling the pain and yes.
Let's talk about protecting our wealth.
To look at the banks, you'd think there was nothing wrong.
But look under the hood, and it's a mess.
Everyone's getting itchy feet.
Commercial property, car loans, credit cards are at all-time highs.
Why chance it for a 3% return?
Get noble gold investments on your side, so even if the banks crash again, you'll be okay.
They'll talk to you about keeping safe with precious metals.
Their experts are waiting right now to offer you a free quarter-rounds gold standard coin if you qualify.
Act now before it's too late.
Visit x22gold.com.
That is x22gold.com.
The only gold company I trust.
Or click the link in the description.
All of this is coming and it's coming very very quickly.
But you need to remember the Deep State Players, the Central Bank, the World Economic Forum, They need to keep the illusion alive and I do believe this is why the Fed is going to start to cut rates to keep the market up and they're going to continue to manipulate all the different numbers like unemployment, inflation and the rest to make you believe that the economy is doing very well when it's really not.
E.J.
and Tony PhD, he put this out on X and he explains the job report.
And explains the illusion and how they're keeping it up.
He said, the January jobs report, here's what you need to know that the talking heads and government statisticians won't tell you, including why the real unemployment rate is between 6.3 and 7.4 percent.
Actually, if you go back to the calculation back to the 70s and remember, they've changed the calculation.
The unemployment rate is probably closer to 20 percent or even above 20 percent.
But let me just continue here.
He said, first, the headlines.
Non-farm payrolls rose $353,000 last month.
Unemployment rate steady at 3.7%.
More on that later.
Note that updates to the BLS data make it difficult to compare January 24 to prior months, so this monthly change needs an important qualifier.
In brief, things once again look Good because prior periods were revised down.
The new seasonal adjustments and other changes reduced the number of payrolls in every month last year except December.
Cumulative monthly difference is negative 1.3 million with average monthly difference of a negative 126,000.
So Do we have more jobs or not?
Depends on which survey you look at.
Establishment Survey, which allows for double counting, continues rising while Household Survey declines.
There's an unprecedented gap between the two right now.
And another important divergence is part-time vs. full-time.
Even after adjusting for seasonal changes, which are huge in January, economy still lost full-time jobs and only gained part-time jobs.
That's a continuation of an established trend.
Part-time has trended upward fairly consistently while full-time has leveled off.
Economy has lost approximately 1.6 million full-time jobs since June of 2023 and replaced them with approximately 1.6 million part-time jobs which helps explain the next red flag.
Weekly hours are plummeting.
Now down to lowest level since COVID lockdowns aside from abnormalities of 2020.
It's at the lowest level since the Great Recession with housing meltdown and global financial crisis.
Firms are cutting hours and replacing full-time jobs with part-time jobs.
As people work fewer hours, their paychecks buy less, even with hourly raises because prices are still rising faster than weekly earnings.
Significantly, higher hourly wages still leave workers behind, about 4.3% behind January 2021.
As far as where the jobs are, they have overwhelmingly been created in government and government-dominated funded healthcare sector.
Take away both direct and indirect government expenditures funded by debt and year-to-year job growth turns negative, pointing to unsustainability.
Interesting note, who has the jobs?
Well, they're all gone to foreign-born workers.
Not only are native-born workers way below their pre-pandemic trend, but they're even below the pre-pandemic level, January 2024 versus January 2020.
In just the last year, a net 193,000 native-born workers lost their jobs, while net 1.2 million foreign-born workers gained jobs.
Important to use year-to-year comparison with these data sets because they're not seasonally adjusted.
And the number of people missing from the labor force remains stubbornly high, artificially reducing the unemployment rate.
And this is the trick they play because the people that aren't in the workforce, they don't count them.
Depending on which methodology you prefer, you can calculate a more realistic unemployment rate that accounts for all of these missing workers, substantially.
Somewhere between 6.3 and 7.4 percent.
That's not horrific, but it's significantly higher than the official 3.7.
So the economy is still adding jobs, but they're overwhelmingly lower pay, fewer hours, and Either directly or indirectly paid by government.
Also, Fed will need to look for a different excuse to cut rates and end QT.
Another banking crisis would fit the bill perfectly.
And he's absolutely right.
And we can see this is how they manipulate everything into making everyone believe that everything is fine.
And you could see that as there are more and more layoffs, You're going to see them manipulate even more of these numbers and they're going to revise a lot more of these numbers to make you think that everything is fine.
So if you can manipulate the inflation, you can manipulate unemployment, then you can manipulate what's happening here, especially with the Fed cutting the rates and keeping the market up, you can actually make the economy look like it's doing fine, but the internals They are not going to be looking good because people are going to say, well, I just lost my job.
What they're telling me is ridiculous.
I'm not getting paid as much.
I only can find a part-time job right now.
And people, they're going to understand, they're going to realize what's going on.
And Trump, he actually let us know this is exactly what their plan is.
The Fed is planning To keep the market up, Patriots Are In Control put this out and says Trump says Federal Reserve Chair Jay Powell is trying to lower interest rates to help Joe Biden Democrats get elected.
Trump also said he would not reappoint Powell.
Take a listen to what he says here.
The economy, Mr. President, because Jay Powell, the Fed chairman, is talking about a soft landing.
Do you believe we will see a soft landing?
Well, I think he's going to do something to probably help the Democrats, you know.
I think if he lowers interest rates.
But you have the potential of having massive inflation again, because the Middle East could drive up the price of energy.
You know, energy has so much to do with it.
And the Middle East, again, the bombs are dropping all over the place, and the ships are starting to get hit, and hit hard.
If that happens, you're going to have tremendous spikes in the price of oil.
And if you do that, you're going to have big inflation.
He's not going to be able to do anything.
But it looks to me like he's trying to lower interest rates for the sake of maybe getting people elected.
I don't know.
So you think he's political?
He's just going to cut rates to help Biden, you're saying?
I do.
I think he's political, yeah.
So, I mean, the Biden team can say, well, if things are so bad, how come the stock market's on a roll?
Because they think I'm going to be elected.
You think the stock market's rallying because people think you're going to be elected?
I do, yeah.
If you take a look at Iowa, if you take a look at New Hampshire, the stock market's been going crazy since then, and long before then.
When I announced I was running, I took the lead early, and then I beat everybody, including Ron DeSantis.
I call him DeSantis now.
I took the other names.
Mr. President, back to the economy for a second.
Would you reappoint Jay Powell?
No, I wouldn't do that.
You wouldn't reappoint him?
No.
Because he missed inflation?
He did miss.
He did miss, but no, I wouldn't be inclined to.
Who's your choice for Fed chairman?
I would have a couple of choices, I can't tell you now.
You need to remember, if we go back in time when Trump was in the White House from 2018-2019, what did the Fed do at that point?
They were raising the rates because they wanted to bring down the economy.
Trump called them out on it, so before they were able to hit the tipping point, They started to freeze the rates and then they started to drop the rates and that's why the economy didn't crash.
Remember, the Deep State Players, the Central Bank, the World Economic Forum, they wanted the economy to crash on Trump's watch, but it didn't happen.
They even tried doing this during the pandemic.
Remember in the very, very beginning back in February and March, actually before that, we had Soros letting us know that the markets overheated and it's going to crash and they tried to bring it down and they sold off a lot of the stocks and they tried to bring down the market.
Hopefully that people were going to follow along on this, but again, this didn't happen.
The market started to go back up.
Well, the same thing's happening right now.
The Fed, they raised the rates, they brought the economy right now to the tipping point, and now they're going to cut the rates to make it look like everything is fine.
They're going to prop the market up, and this is what they do before a crash.
And I do believe what's going to happen as we get closer and closer to the presidential election, the entire system is going to collapse upon itself, and Biden's going to be The Fed's going to be the one to be blamed.
The Treasury's going to be the one to be blamed because remember we had Yellen telling us that this is going to be a soft landing.
The Fed's saying we're going to be cutting rates because everything is fine and we know what happens in these type of circumstances because you just got to follow the pattern and you need to go back in time and you know that the market's going to come down and I do believe this is going to make the central bank at their weakest point The World Economic Forum is going to be at their weakest point.
They won't have leverage.
And I do believe Trump is going to use this leverage to his advantage to move us away from this system that we're in.
And I do believe this is how he's going to be able to turn things around once he's elected.
Because if you're going to drill for oil, and that's going to be very, very profitable, and when the country becomes energy independent and other countries are buying our oil, we can pay off the debt very, very quickly.
We can also move away from the central bank system because as the entire system crashes and we're seeing this inflation, well, you never get the inflation back.
You never get it back to where it was.
So inflation is always going to be terrible.
And I do believe the only way to do this is to actually restart the system, but not Restarting it the way the central bank wants it.
We're going to restart it so it's a people's economy.
And yes, we can then reverse everything very, very quickly.
And I do believe this is exactly where we're headed.
And I think Trump is letting us know that, yes, as we go through this year, we're going to see the market move up and we're going to have the Biden administration The Fed, the Treasury say, hey, look how great this is.
We own the market.
But in the end, it's going to hurt them.
And I do believe Trump is gonna be using this against them.
And not just for the election, but to bring the people to a completely different economy, which is going to be the people's economy, which is going to be a very, very strong economy because it's going to come back very, very quickly.
Because think about when he starts moving the regulations, placing tariffs on other countries, moving away from the central bank fiat currency, making a people's currency, we're going to see something very, very different.
Is it going to happen the next week or two weeks after he's elected?
No, it's going to take a couple months.
But I do believe during this period of time, it's going to improve very, very rapidly.
And Trump is going to let everyone out.
Look how much better this is getting.
And people are going to start to notice that.
And yes, as six, eight months that go by, we're going to see a very, very strong economy.
Project out another year or two years, I think we're going to see an economy that no one has ever seen before.
We're going to see something so different that people are going to be shocked.
I do believe this is going to be the Renaissance Age.
If you go back in time, you remember the Renaissance Age.
I do believe we're going to see an economy like we've never seen before.
And we're going to see how an economy is supposed to actually work for the people.
Instead of having a central bank economy, which actually works against the people.
And I do believe we're going to see change like we've never seen before.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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