All Episodes
Previous Next
March 8, 2024 - X22 Report
20:26
Ep 3301a - Trump Just Countered Biden’s Economic Narrative, Everything Is In Place
| Copy link to current segment

Time Text
The End
The End You're listening to the X-22 Report.
My name is Dave and this is episode 3301A and today's date is March 8th, 2024.
And the title of the episode is Trump just countered Biden's economic narrative.
Everything is in place.
Let's talk about protecting our wealth.
If you keep your money in the bank, listen up.
Your savings could be at risk.
The banking system is once again under extreme stress.
And after last year's banking crisis, the dangers are clearer than ever.
Car loans are defaulting.
Credit card debt is ballooning.
Commercial real estate is on the brink of collapse.
These aren't just red flags.
They are sounds of a financial ticking time bomb.
But there is a safe and easy way to protect your financial future.
Gold.
Gold is outside the government's reach and safe from economic policies that jeopardize your wealth.
Gold allows you to lock in today's value in the face of tomorrow's uncertainty.
Don't wait for the next headline, crash, or bank run to act.
Inaction could be catastrophic.
Contact Noble Gold Investments today and safeguard your tomorrow.
As a bonus, they'll give you a free quarter rounds gold standard coin.
As a thank you for opening a qualified account, visit x22gold.com to claim your gold coin.
That is x22gold.com or click the link in the description.
And remember, there's always a risk of loss.
Let's get right into the economic collapse financial news.
Now the deep state, the corrupt politicians, the Private Western Central Bank, the World Economic Forum, they are now panicking like we've never seen before because everything that they've been trying to do, the Green New Scam, the Great Reset, bring this economy down, destroy people's lives, well Trump just completely countered it during the State of the Union.
When Biden was out there telling the people the economy's great, everything is fantastic, he shrunk the deficit, and he just continually went on and on and on and on, the people of this country, they know the truth.
They know that the economy's not better than when Trump was in office.
They know that the fuel prices are still high.
They know that inflation is continually moving up and it's still high.
The people understand that this system is not working and there is layoff after layoff after layoff.
Now, why does this work in Trump's favor?
Because when people are experiencing a downturn, when people are experiencing layoffs, when people are experiencing how it's hard to make ends meet where they can't pay their bills, They believe the person that's telling them, you know something?
The economy sucks.
The economy is not good.
High fuel costs.
High inflation.
Your job might be laid off or you might have been laid off.
You're not getting the raises.
And yeah, we need to make this better.
Who do you think the people are going to believe?
The people are going to believe the person Who's telling them the truth?
Because they're experiencing it.
So the gaslighting, the lies that Joe Biden is now putting out there, it's not going to work.
And it's not working with the Green News scam.
It's not working with the economy.
Because remember, they're downing the economy to bring us into the Great Reset.
So everything that they're trying to do is not working because the people feel it.
The people understand it.
The people get it.
And that's all you need in the end.
And I do believe the last signal that this entire system is completely kaput is going to be the market where it comes down.
And I do believe this is going to be very, very close to the presidential election.
Now, Trump, he did put out a couple of truths.
Where he was countering everything that Biden was saying.
And it looks like the Green News scam is pretty much dead in the water.
Because what do you think the people are noticing right now?
The people are noticing that this Green News scam does not benefit them whatsoever.
It doesn't make the earth green.
It doesn't save energy.
Actually, it's the actual opposite.
This is what Trump put out on Truth He Said.
Today's Radical Democrat Party wants to legalize drugs, shoplifting, and the sexual mutilation of the children, but they want to outlaw your gas-powered suburban Silverados and Ford F-150s.
And he's absolutely right, and this is what people are seeing.
And then he put out, other countries are laughing at our stupidity on climate.
The Green New Scam is destroying our economy and our country.
And yes, other countries are pretty much laughing at the United States.
They're also laughing at Germany, because think about it.
They went full force into going into net zero, pushing the Green New Scam.
What's happening to that country?
They're in a recession.
Manufacturing is dying.
They're buying their electricity and energy from other places at the highest possible price.
And the country is imploding on itself.
The same thing's happening here in the United States.
The more they push, the worse it gets.
Just look at California.
It's that easy to see.
And people, what do they notice very easily?
Well, when they go to the supermarket they know that food is up.
When they pay their mortgage or their rent, they know that the rent and mortgage costs are up.
When they look at their electricity bill, their gas bills, They know that, yes, my energy bill is much, much higher.
This is what people are realizing.
Now, think about it.
When Trump was in the White House, we were energy independent, which means this cuts down on the inflation on almost everything else.
As Biden, the central bank, the World Economic Forum tries to bring us into the Green New Scam, what do people realize?
Well, he created an energy Catastrophe.
It's a crisis.
Not that we don't have the energy, it's that energy is very, very expensive because they're trying to get rid of fossil fuels.
So you've got to make fossil fuels very expensive, which then in turn actually increases the price of electricity because what makes the electricity?
I mean, really think about this for a second.
And if you're increasing the cost of energy, what about all the deliveries?
What about the production of food?
That increases all of that.
So that's why you're experiencing all this.
Trump, he put this out on Truth.
He said prices are up big under Joe Biden.
Food costs up 21 percent.
Rent costs up 19 percent.
Power costs up 29 percent.
And that's absolutely right.
And the people of this country, they're understanding and they're realizing that, yeah, things aren't the same.
When we were back in 2016, 2017, 2018, people were happy.
People had money in their pocket.
Now, you see the big difference four years later.
As soon as Biden came into office, people are starting to understand that, yeah, he destroyed the economy.
Ryan Walker put this out and said, four years ago, Americans could purchase a new home.
could afford gas, and didn't have to count every penny to buy groceries.
Now Biden inflation is robbing Americans of their agency to thrive.
And when you look at the rising costs of home ownership, we started out when Trump was in office around 1700, and now we're up to 3300.
That tells you everything you need to know.
And how do we know that people now are struggling and people can't make ends meet?
Well, normally you don't have the cash because, again, you need that for other things.
You don't have savings.
So what do you resort to?
You resort to credit cards.
Right now, credit card debt has jumped to an all-time new high.
Even though the credit card rates are very very high people don't care because listen I don't have cash on hand it's beaten eaten up by inflation the only thing I have left is credit so I'm gonna have to use that no matter what and I'll probably have to use it to buy food to buy gas and everything else so when you look at total revolving credit it's at a record 1.327 trillion
And this is a complete and utter disaster because how are these people going to pay all this back?
Well, it's almost like the federal government.
How do they pay it back?
Oh, that's right.
They don't.
Let's talk about protecting our wealth.
If you keep your money in the bank, listen up.
Your savings could be at risk.
The banking system is once again under extreme stress.
And after last year's banking crisis, the dangers are clearer than ever.
Car loans are defaulting.
Credit card debt is ballooning.
Commercial real estate is on the brink of collapse.
These aren't just red flags.
They are sounds of a financial ticking time bomb.
But there is a safe and easy way to protect your financial future.
Gold.
Gold is outside the government's reach and safe from economic policies that jeopardize your wealth.
Gold allows you to lock in today's value in the face of tomorrow's uncertainty.
Don't wait for the next headline, crash, or bank run to act.
Inaction could be catastrophic.
Contact Noble Gold Investments today and safeguard your tomorrow.
As a bonus, they'll give you a free quarter rounds gold standard coin as a thank you for opening a qualified account.
Visit x22gold.com to claim your gold coin.
That is x22gold.com or click the link in the description.
And remember, there's always a risk of loss and past performance is not indicative of future results.
Because the system that the central banks have created, it's a system that doesn't work for the people.
You actually don't end up paying this back for most of the people.
It puts them further and further into debt.
And it makes it worse and worse as time goes on.
But don't worry, the deep state players, the Central Bank, the World Economic Forum, and the Biden Administration, they're trying to convince us that, hey, we're creating jobs like crazy.
What is everyone complaining about?
But once again, you can manipulate the numbers.
You can gaslight the people.
When people go to find a job or people say, hey, I just got laid off, that's when people understand and realize the truth of the matter.
And no matter what the Biden Administration says, it will not work on the people.
The Copece letter put this out and said, wow, all the headlines will show that the U.S.
economy added 275,000 jobs in February.
But in reality, the number of people actually employed fell by a negative 184,000.
The number of workers employed in the U.S.
US was 160.968 million, the lowest number since May 2023.
As time goes on, these downward revisions are finally gaining attention.
Also, the rapid rise in part-time employment is also gaining attention.
Rapidly rising part-time jobs is not a sign of a healthy economy.
And it is not.
But NWokeness points out something very interesting about the job numbers.
And we know these are all manipulated.
Inflation numbers are manipulated.
Pretty much the Fed, the U.S.
government, the deep state players, Central Bank, World Economic Forum, what they have to do is they have to manipulate everything to make you think the economy is running the way it's supposed to be running.
But when you start to really look at the numbers, you can start to see that, yeah, it's not doing what they say it's doing.
And Ann Woken has pointed out something very interesting, that 11 out of the 13 job reports, they've been revised down from the original headline generating numbers.
So basically they're cooking the books.
And Wokeness broke it down going back to January of 2023.
So the initial reading for jobs was 517,000.
The first revision was 504,000.
The second revision was 472,000.
The difference of 45,000.
They did the same in February, started out at 311,000.
It was revised down to 248,000.
And if you go down the entire line every single month, it's exactly the same.
Actually, January 2024 was the worst.
The initial reading was 353,000.
The first revision was 229,000, which is negative 124,000.
They didn't even do a second revision yet, and it's negative 124,000.
And when you start to look at these numbers, you can see these numbers are increasing over time, which tells you everything you need to know.
They're cooking the books.
They're trying to trick you.
But again, in the end, it's not going to work because the people, they understand and they see the truth.
Zero Hedge put this out and said in February, 1.2 million foreign-born workers, immigrants, both legal and illegal, found a new job.
Meanwhile, 500,000 native-born Americans lost their job.
Are they trying to replace the people?
Absolutely.
And then Biden during his State of the Union, and I mean he lied about everything else, he told like 30 or so lies.
Here's one that he told during the State of the Union and he was talking about the trade deficit and he said that he's eliminating the trade deficit.
He said the U.S.
is exporting products instead of importing foreign products, implying the trade deficit has been erased or reduced during his presidency.
And he said, and now instead of importing foreign products and exporting American jobs, we're exporting American products and creating American jobs right here in America where they belong.
Well, it's not actually true.
The United States ran a goods and services trade deficit of nearly $779.8 billion last year.
Well, that is down from last year's record high of $951.2 billion.
It is higher than the trade deficit under any prior president.
The three largest trade deficits ever have occurred in each year of Biden's presidency.
The trade deficit in goods has also been higher in each year of Biden's presidency than it was under previous presidents.
While the balance of payments in goods improved last year, the goods deficit is still higher than it was before Biden took office.
So if you really look at this, the deficit goes up under Biden and he brings it down, but not to where it was when he first started.
And he tells you, look at the great job I'm doing.
So he brings up fuel prices.
Let's use that as an example.
He brings fuel prices up to five, six dollars a gallon.
Then he brings it down to the mid threes and says, look, look what a great job I'm doing.
He brings inflation up to seven, eight, nine percent, which is cumulative, by the way.
Then he brings it down to three point eight, three point seven, whatever it is.
And he says, look at the great job I'm doing.
And remember, inflation is cumulative.
It doesn't go backwards.
Everything doesn't reverse.
So basically, it's almost like a person who says, I can make you lose weight.
But first, what the person's going to do, they're going to make you gain 300 pounds, and then you're going to lose 100 pounds.
And they're going to say, look at the incredible job I did.
You dropped 100 pounds.
How do you feel?
You feel great?
No, you gained, the person gained 200 pounds.
Again, you have to go from the beginning, you have to go back to the source of when you started.
So this is the games he likes to play.
It's not working whatsoever.
And Biden, who says, oh, he's going to be increasing taxes on billionaires.
Well, that's absolutely ridiculous anyhow, because think about what's happening in this economy.
Tom Massey explains.
Biden says increasing taxes on billionaires would raise $50 billion per year.
The problem is our debt is increasing at $3,000 billion per year.
Cut spending now.
It can never work.
Then we have Joe Griffith.
Biden demanding rich pay their fair share fails to mention that the top 1% pay close to a half of all income taxes in this country.
So really what's happening?
Let's see, they're increasing the spending and they want more and more people to pay taxes and they're going after the wealthy so they can pay the taxes which means they're going to have less money to run their businesses.
Which means they will not have the funds to expand, which means everything's going to contract.
We've seen this before.
So everything that they're doing is completely and utterly failing, and people will recognize this.
Oh, look what I just did.
I taxed the wealthy.
Oh, look, all these people laid off right now.
Oh, that company's closing.
Why?
Because we're being taxed to oblivion.
We can't function anymore.
This is how it works.
Can you imagine?
Just like your own household.
Let's say you're at a 25% tax bracket and now they say, you know what we're going to do?
We're going to raise that to 50%.
What do you think is going to happen?
Can you function?
Can you pay your bills?
Remember, you're not getting more money.
This is what's happening here.
It doesn't work.
And again, you need to go back to the source of the problem and the source of the problem, the Department of Central Bank.
But again, the Deep State, the Central Bank, the World Economic Forum, these individuals, they don't want to address the real issue because they're laundering money.
They're making a fortune.
Why would they want their system to end?
They wouldn't.
So what do they do?
They keep putting it back on the people and they keep making the people suffer.
Isn't this what the kings and queens did when their coffers ran dry?
When they were completely empty, they went, you know what?
Let's go to the people.
They must have something.
They must be hiding something.
And the people, the serfs, they're living in mud.
They're wearing the same clothing that they've worn for the last week or month.
And they want them to give more and the people can't give more.
This is exactly what's happening right now.
And you could see that everything that is happening.
It's not working to the benefit of the people.
Even the market is not really working to the benefit of the people because remember you have to factor in inflation into it.
So even if the market is up 38,000.
39,000?
It makes no difference because once you factor in inflation, it's not that great of an increase.
And if inflation keeps going, what happens?
It destroys your profits.
What happens when the market comes down?
Well, that's even worse.
But Trump, he let everyone know the difference between his market and Biden's.
He says real change in S&P 500 adjusted for inflation.
With Trump, you're up 66%.
With Biden, you're only up 12%.
When you look at the Dow, you're up 56%.
With Biden, you're only up 6%.
And I do believe as we go throughout this year and Trump continually shows the people the truth, that people are going to understand the truth because the people are experiencing high energy, high inflation.
They can't make ends meet.
And when the market really starts to fall apart, because well, if the market just drops a little bit, what happens?
It's going to be a complete and utter disaster.
And people, they're going to be running, you know, for the exits here, which is going to make it worse, of course.
But I do believe all of this is going to happen as we get closer and closer to presidential election, because once again, the entire system is breaking down, the internals are breaking down.
And once the Fed makes their move, most likely in late summer, maybe in early fall, Well, you're going to see everything start to really fall apart and you're going to see inflation really pick up, which means everything is going to be a complete and utter disaster.
And I do believe Trump and the Patriots, they're going to be using this to their benefit.
And the people are going to listen and the people are going to say, please, Let's do what you say.
We'll elect you.
And I do believe that is the entire plan.
And actually, once we're at that point, the central bank will be at its weakest and the people will go along with the plan moving away from the private West Central Bank and going back to sound money.
And yes, once we go back to sound money and we drill, we remove the regulations, we place tariffs on other countries, you're going to see the economic system prosper like we've never ever seen before.
And once people see this, they're never ever going to want to go back to the deep state players, the central bank.
They're going to say, absolutely not.
Listen, everyone.
Thanks a lot for listening.
Be well, be safe, and especially be prepared.
▲
Export Selection