The GDP formula is C + I + G + (X – M), breaking down into specific components like personal consumption expenditures, gross private domestic investment, net exports, and government expenditures.
The headline GDP figure of -0.3% is an annualized rate calculated from the quarterly change of -0.07%, representing the potential annual decline if repeated for four quarters.
A surge in private inventories of $131.3 billion in Q1 2025, compared to a $49 billion decline in Q4, significantly contributed to the $218.6 billion increase in gross private domestic investment.
The inventory surge reflects businesses accelerating production for expected demand, rather than companies relocating manufacturing to the US.
Massive bulk orders of foreign imports, anticipating Trump’s tariffs, are counted as a surge in private inventories but not as domestically produced goods, explaining why imports are subtracted from GDP.
The drop in federal expenditures of $19.8 billion in Q1 2025, largely due to an $18 billion drop in defense spending, contributed to the 0.3% drop in real GDP.
A decrease in government spending doesn’t necessarily indicate a bad economy, as it can free up resources for higher consumption and investment.
The change in private inventories is used to isolate the timing of production, reflecting when goods were produced rather than sold.
Official GDP figures include government expenditures on par with private consumption or investment, despite not all government spending being equally productive.
The BEA’s analysis attributes the 0.3% drop in real GDP to a combination of factors, including drops in federal expenditures and net exports, alongside the surge in private inventories.
The inclusion of government spending in GDP calculations can be misleading, as some expenditures like unemployment insurance or stimulus checks are transfers rather than productive purchases.
A16Z allegedly gave $57M to Cali & Casey Means to push supplements, food gurus, and scammers through HSAs/FSAs as qualified medical expenses, profiting off health.
Cali Means, linked to Mercury PR (Big Pharma propaganda), reportedly lobbied for corrupt food system; A16Z funded Trump/Bobby events, potentially infiltrating the MAGA movement.
MAHA movement allegedly compromised by Cali & Casey Means, described as Big Pharma lobbyists, with Dr. Kruse warning Bitcoiners to be cautious of their health agenda.
Dr. Jack Kruse argues that mRNA vaccines are causing widespread harm, especially to children, and claims they’re part of a long-term bioweapons plan.
Kruse and Bowden are vocal against the 72-vaccine schedule in the first 6 years of life, with 3, 6, and 9-month CO jabs being particularly concerning for potential sudden cardiac events in children.
Vaccine injury data is allegedly being obscured, with Ed Dowd and John Bone providing high-level data showing impacts on insurance claims and hospital systems.
Dr. Kruse introduces the concept of “time theft” in biology, arguing that mRNA vaccines are a bioweapon and control system causing widespread harm.
Kruse advocates for decentralizing your life by building a true citadel where you control your own land, food, and water to escape centralized healthcare and monetary systems.
Kruse warns of a plan to inject people with RFID chips via processed food, supplements, and vaccines, enabling remote control through non-native EMF and light frequencies.
Kruse argues that Bitcoin is worthless without time and that the mRNA platform is the biggest threat to children’s time.
Kruse encourages Bitcoiners to make 1% improvements in decentralizing their lives, including money, health, and mental well-being.
Dr. Mary Talley Bowden faces a Texas Medical Board trial that could cost her medical license for fighting against vaccine injuries.
Kruse claims that over 95% of doctors are now employed by someone else, not working for patients, emphasizing the importance of independent practitioners like Bowden.
Technocrats and bankers are allegedly engaged in a power struggle in Washington, D.C., with technocrats seeking to replace bankers’ control mechanisms with more effective ones.
The ultimate fight is described as between the Rothschilds and Rockefellers being challenged by technocrats who have better control mechanisms.
Decades of US trade deficits have overvalued the dollar, leading to strong import power but hollowing out the US industrial base and creating wealth disparities between the Midwest and coastal financial centers.
The current dollar-based global reserve system, with $120T in liabilities and only $6T in base dollars, is highly leveraged and prone to crises, requiring more dollar printing to avoid collapse.
China’s Belt and Road Initiative marks a shift from accumulating US Treasuries to developing trading partners’ infrastructure, commodities, and supply chains, signaling a move away from US debt investment.
China aims for a mid-strength yuan, balancing export competitiveness with domestic stability, while still requiring dollar liquidity to maintain this equilibrium.
The US faces a trade-off between maintaining the dollar as the dominant global reserve currency and reducing trade deficits, a challenge difficult to communicate politically.
A multipolar world with competing reserve currencies is possible, but the dollar can still remain the largest individual currency.
BRICS nations and regional groups like ASEAN+3 are building economic connections, despite frictions such as border issues between China and India.
China is constructing a self-sustaining currency block with Russia for energy, Brazil for food, and Middle East oil producers, gaining significant leverage.
The 40-year bond market bull run ended in early 2020s, with bonds likely to underperform other assets for decades due to structural trend changes.
Central banks have been increasing gold reserves since 2009, while Bitcoin gains interest as a volatile, portable neutral reserve asset for some countries.
Bitcoin’s price shows a 87% correlation with global M2 liquidity over 6-12 months, but can decouple during overbought periods.
Gold-backed stablecoins serve a niche for global gold access but differ fundamentally from Bitcoin’s self-custody and portability features.
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