US trade deficit

US Treasury Report Card: Janet Yellen F-

Posted on by Helena

The Progressive globalist elites are so obsessed with destroying Russia, that blinded focus is more important than saving America.   Having admitted to botching the US inflation flags, Yellen is now working on a way to curb Russian oil profits so as to destroy their economy!   That is the focus.   “Yellen, acknowledging that “it’s virtually impossible” for the U.S. to insulate itself from global oil shocks, told the Senate Finance Committee that it was a desirable strategy to implement a cap on prices for Russian oil.”  

Apparently, opening up drilling and fracking again to curb oil shortages and return US jobs and revenues is NOT an option.   Instead, decimating Russia’s oil which is supplying the BRICS with necessary supplies is much more important.

Why?   Because Russia survived the onslaught of sanctions and still refuses to submit to a coup.

Controlling the global oil is paramount to the World Economic Forum Agenda.   Yellen has been made a fool, she failed and must now prove herself worthy to the elite with the task of tanking Russia’s economy.

What is the job of the US Treasury Secretary?  In addition to managing banks and taxes, “the department makes recommendations regarding domestic and international financial, monetary, economic, trade, and tax policy, and publishes statistical reports.”  

Yellen Report Card:  

Trade – Since appointment by the WH Handlers, the trade deficit has risen 37.5%. In 2009 the trade deficit peaked at $1.4 trillion. By the end of Trump’s term it had fallen to $800 billion.   It now stands at $1.1 trillion after 18 months of Yellen magic!

Economy – The GDP declined by 1.5% the first quarter 2022. Of the 9.3 million lost jobs as a result of Lockdowns, only 6.7 million have been added back = losing 28%.   12,000 more businesses closed than opened in 2021. The true number of VAX deaths and debilitations is still ‘unknown’.

Monetary –  Consumer price inflation stands at 8%, the highest in 40 years – with housing, food, oil, gas, and electricity increasing 100% to 300%.   And all US departments claim they have zero control over these price gouges… Leading Americans to question the purpose of the Federal Government.

International Finance – twalette water across every major economy from Europe to Asia.

Fiscal Report – 2021:      Assets declined to $4.9 trillion from $5.95 trillion = negative 18%.   Net Asset Deficit increased from ($26.8) trillion to $(29.9) = (11.6%) growth.   $4.8 Trillion was disbursed to government agencies for CoVid Relief – of which $1.6 trillion went to the Department of Treasury for rebates, $1 trillion to Small Business Administration for non-loans interest free, forgiven, $885 billion to Department of Labor for unemployment insurance, $464 billion to department of HHS – hospital rebates, $282 billion to Department of Education for student loan payments, Department of Agriculture $164.5 billion – farm subsidies, Homeland Security – $116 billion – vaccines , Department of Transportation $106 billion – subsidies, and OTHER – $241 billion.

According to the Auditors of the Treasury Report:

“…the federal government’s systems, controls, and procedures were not adequate to reasonably assure that the consolidated financial statements are consistent with the underlying audited entity financial statements, properly balanced, and in accordance with U.S. generally accepted accounting principles (U.S. GAAP). During our fiscal year 2021 audit, deficiencies in the preparation of the consolidated financial statements included the following. • For fiscal year 2021, auditors reported internal control deficiencies at several component entities related to their entity-level controls, including the control environment, risk assessment, information and communication, and monitoring components of internal control, that could affect Treasury’s ability to obtain reliable financial information from federal entities for consolidation.

The entire list of deficiencies is several pages long –

In other words – the Auditors have determined that the entire Treasury Report is basically – hugely impaired and worthless.   Of the $4.8 trillion – at least $281 billion was ‘lost’.

Despite sugaring our economy with $4.8 trillion – our economy is now in a Recession!   How is that possible?   Yellen gets an F-. Given that she has done such a stupendous job for the US, she has now declared she is setting her sights on Russia with the objective of destroying their economy causing chaos and death.

BRAVO YELLEN – I am sure you are quite proud of your accomplishments.

CHINA Colonization of US: Clinton Initiates US Communism

Posted on by Helena

China seems to be regurgitating the same narrative dystopia as US liberal media outlets.   Claiming that all China’s woes are the result of the US and specifically President Trump, China is facing off against Indonesia, The Philippines, and India as it pushes for greater and greater territorial sovereignty.   Of course, it could be that recognizing that the agenda for colonizing the US may fail and their need for land and fresh water supplies grows infinitely more paramount for survival – could be provocation and thus the fault of Trump as he fights for America!

Despite the obvious corruption and massive deception of infiltration, theft, and communist agenda within the US, Russia continues to support the capital a China alliance might offer.   Short sighted at best, Russia would seem to be favoring ignorance while putting their country at risk for a return to Soviet failure and poverty.

Still courting the EU, China theft of intellectual property still not addressed and leaves a wall of distrust that is not likely to be breached in the immediate timeline. But the EU, Germany in particular, was quick to turn to stone when President Trump called for equality in trade tariffs, so finding a common ground amidst a China that has proven to be devastating to the American economy could be the EU’s final disastrous Fall and Fail.

Trade between the EU and China has now resulted in a 185 billion Euro ($217.5 billion) deficit and rises each year as imports/exports reflect a 10% imbalance.   Given this pattern has continued for two decades, Europe faces a declining economy and a lack of leadership worthy of making the necessary corrections.

According to The Peterson Institute there are three main ways in which the US deficit could be reduced:   1.   Tax imports,   2.   Devalue the dollar, and  3.   Encourage greater savings and less consumption by citizens.

While many ‘non-partisan organizations’ claim that the trade deficit is nothing too concerning given it will automatically correct itself, the reality is much more detrimental. The deficit has NOT corrected in over 40 years of sustained and growing debt.   And China’s world dominance has grown significantly to the detriment of US household income while aggressively pushing consumption.

What triggered unsustainable American consumption?

Globalization.

Access to markets and resources is in direct conflict with control of resources and markets.   Advertising, media, and pundits slay the American people daily with a brutal allay of goods that we must have, products we must have, and events that create new demand for ‘gifts’ that we must have.   Retailers typically earn 75% of their annual revenue during holiday gift consumption – particularly Christmas.   But each year a new event is created to encourage even more consumption practices.

Reversing this trend means making goods more expensive.   Unattainable.   But that could expand the gap between the 1%ers and divide the people further.

In 2009, Peter Schiff stated that the US deficit in China could only be reversed by diluting the US dollar which would increase inflation.   Leaning toward gold as the means, today Schiff is capitalizing on just that statement despite it being 11 years ago…

While gold has gone up about 50% during the last 11 years, it hit a peak in 1980 at roughly $2200 per ounce, and tanked to a low of $380 in 2000.   The lift of gold again in 2001 directly corresponds to the rising China Trade Deficit.     At the same time, China’s GDP in 1980 was $.3 trillion.   Today their GDP has catapulted to $14.2 trillion. Coincidence?   Hardly.

Real GDP growth for China hit a peak of 15.2% in 1984 and then fell dramatically 1989 and 1990 before rising double digits again most years.   By comparison, the US has marked growth rates of 2% and 3% which are considered good markers…

In 1992 the US signed a bilateral trade agreement with China that was hinged on human rights.   In 1993, Clinton signed an Executive Order that altered the way trade could be executed.   Without Clinton’s EO trade tariffs could be imposed upwards of 40% if China did not live up to human rights conventions. Clinton removed this condition by bypassing Congressional review and reverting this power exclusively to the Secretary of State.   Warren Christopher, Madeleine Albright, Collin Powell, Condoleezza Rice, Hillary Clinton and John Kerry were successive Secretary’s tasked with auditing China’s trade stance.

Jiang Zemin was the President of China during a relatively fast-tracked transition in 1993.   Zemin and Clinton considered themselves allies despite the Marxist doctrine and the affinity upheld for Mao. And thus began the decline and Fall of the US.   By 2000, Clinton solidified the fall of the US by signing a normalized trade agreement with China which allowed China permanent status as a normal trade ally and gave them access to engage/buy WHO just in time for Bill Gates to move in.

It was around the mid 1990’s that Bill Gates and Warren Buffett became infatuated with all things China having made numerous trips and treks through the country.   By 2000, their influence was well entrenched as they promised vast wealth, power, and colonization of America.

Of course, as with all elites, money was never the sole motive, power and control also served their aspirations. And China handed them the baton. Xi Jinping solidified that power conquest for the Rothschild Agenda and the rest is “History”.

US Communism: Buyer Beware

Posted on by Helena

When everyone is ‘equal’, and no one is merited for their achievements, it is called “Communism”.  Communism by definition is the absence of social classes.  It advocates the ideology that the root of all problems in society stem from conflict between classes.  Common ownership.  Sharing no matter the labor, no matter the intellect.   Someone with an IQ of 180 is no different than one with an IQ of 80, and thus they may be deemed the exact same labor as determined by the dictatorship government. 

A valedictorian was denied his status despite his credentials because it might ‘offend’ those who didn’t achieve such heights.  It was deemed an unfair and unequal status and eliminated from the High School, East Wake High School, of North Carolina.

Firefighters have fought the communist agenda for decades as requirements were lowered in order to facilitate those who could not pass exams.

Imagine a doctor who was pushed through despite nearly failing every exam?  A politician who didn’t know politics?   A teacher who taught math without knowing basic principles… Of wait, that already exists.

Tolerance has come to mean – “everyone is capable even if they aren’t.

The means to crumble a society is to take away the achievers.

Sex education in the University of California now advocates porn for children as young as 10 or 12 stating that it is healthy and natural.   Yet, in the midst of the worst child sex trafficking ever known to man, somehow the university has no opinion.  Perhaps it is because those making these decisions were shuttled through the system barely able to read, but worthy of equality.

My generation has less than fond memories of this equality indoctrination when our children were in grade school and suddenly awards were granted to everyone no matter their performance.   It wasn’t about ‘winning or losing’, it was whether you showed up.

As all things do in this chaotic society, the pendulum swung so far left, the clock stopped working.

Other countries do not follow this model.  In fact, Germany follows a more purist version of Communism by having the government decide what each student is qualified to do based on their exams at a young age. Once this decision is determined, the child is pushed through his formative education accordingly.  Some are allowed to go to college, others to trade school, and still others are provided simply labor employment – as pre-determined by the Bundestat.

When Russia was Communist, Germany and the US were quite vocal in their denunciation.  And then the shift, the tectonic shift occurred and subtly a New Order was imposed.  So subtle that most didn’t even notice – until it was too late.

We wonder why our country continues to fall in marks, why our youth can’t get jobs, why we don’t excel as compared to even India and China…   Aghast, we have determined that it must be because we need more tolerance, more equality, more safe spaces, more condemnation of excelling, less distinction, less accolade, less…

There is a contingent of home schoolers in the US that have revolted.   And interestingly, the statistics show they excel better than public schoolers, more quickly, younger, and with 1/10 of the cost…

In Germany homeschooling is a crime punishable by jail and fines.

Why?  Because it circumvents the Order, it gives a child choice, it creates dreams, it opens doors.  And those attributes are considered a threat to the “International System of Norms”, aka, the New Order, The New World Order.

This Order advocates a shift of power, not naturally, but irrationally demanded and chaotically created.

The Bible is rather specific that God is Order, and thus, by default, chaos is evil, is sin.

When we hear the depravity from the tongues of Hollywood arrogance, I think most of us are saddened, more than angered, because we see how far they have strayed, how vile is their walk, and how defamed is their soul.   And as the Swamp is cleared more each day, we see that their defamation comes from their sins – the mirror.

And so as we watch the unfolding of the very imperfect Trump, I think it is worthy to note, that his agenda, his heart, in all that is Trump, is working toward the benefit of anti-Communism, and the freeing of an enslave nation.

 

US Trade Deficit: Began absolute tanking in 1992.  The Billy Years.

As of 2009, US school performance lagged in 29thplace behind Latvia, Korea, Brazil and Chile…

Only 14-15% of US students even enroll to college

It is projected that the cost of a US MBA will rise by 400% between now and 2021.

Since 1980, the cost of one year of college in the US has risen by 600%.

Wile looking’ at the value added of a college education in the US, the statistics show a declining curve.

The bottom line is a system that is rapidly nearing complete implosion, while advocating for greater implosion…   It is such a disservice to our youth and yet, the same Hollywooders and Politicians who create this chaos, do have an agenda.  But it isn’t the benefit of our next generation, it is the systemic fall of society in the US and the EU so as to reinvent Communism as the ‘savior’.

 

 

“Buyer Beware”.

“Ostrich with your head in the sand – Beware”.

The Trade Deficit Is A Serious Debt!

Posted on by Helena

As the Trade Tariff hubbaballoo points a finger back at Trump it is interesting to note that not one country was willing to negotiate. Given the inconsistencies in the current tariffs that truly are penalizing US products, not one country saw fit to simply come to the table with a proposal. Canada’s Trudeau was probably the worst example because his retaliation was more of a childish response calling out Pence because the deal had an expiration limit of five years, and then refusing to talk any more.   Are these people really college graduates?   Did their business acumen come from a cereal box? They are truly acting like five year olds.

Who is really the villain here? The EU countries, Canada and Mexico have all created an advantage for their economies and trade, Trump was closing the gap and every country balked and instead chose a ‘tit-for-tat’ business approach…

The argument tapped by Liberal media is that trade includes goods and services, and when services are added to the overall picture – Canada is a surplus partner – albeit everyone else – isn’t. Ok. Trump offered Canada an out – and they refused.

So what is the point?   The point is we need to close the gaps.

The Washington Post goes on to declare that a trade deficit does not mean the US is actually losing real money, it just means American’s buy more goods from other countries than other countries buy from the US. How incredibly inane.

“A trade deficit represents an outflow of currency” – definition courtesy of Investopedia.  

In 2007, The Federal Reserve Bank of San Francisco wrote a white paper that gives greater perspective to the deficit. According to their research the balance began to shift to a deficit in the early 1990’s when Clinton was President. In order to finance the deficit, the US borrows from abroad and/or sell assets to foreign countries to cover the imbalance.

The paper quotes various views of the cause of the deficit and whether it is a concern.   Of course, if the US has to borrow or sell off assets to pay for the deficit each year, ultimately there will be no assets left to sell, and borrowing will come to an end.

The cause of the deficit is debatable. But economists would agree that many factors contributed to the crisis, and therefore many factors will have to change in order to alter the consequences.   Including; government budget deficits, national savings and domestic investment.

In addition trade is affected by exchange rates and tariffs. A weaker dollar makes US goods more affordable for foreign purchasers.   Tariff’s create an unfair added cost.

Bottom line the US trade deficit is a serious issue that has a finite consequence.   It’s borrowing to pay for your borrowing, ultimately, the money/assets will run out. By doing nothing – it is certain death.   It is selling America to the highest bidder. And Trump is trying to stave off the disaster set in motion by Billy Clinton and Georgie Bush – both of whom are entrenched in the Cabal and Swamp.

China Trade vs Trump: Never Underestimate your Opponent

Posted on by Helena

We are witnessing a phenomenal shift in world economic and military priorities – and it will rock the axis!

While old schoolers, McCain and Hillary Democrats continue to scream about the evil of Russia, the business climate is shifting and the once very reserved Xi Jinping, is showing cracks.

Turning on a dime, Trump is focusing on economic drives instead of military regime and war. For decades the US has concentrated on the military cockfight that has been endless since WWI. Instead of building, we have been massively destroying. In the meantime, China was able to quietly and slowly run the race of the Tortoise and the Hare.   They had no interference. And the smug win is now on a precipice that could revolutionize the future!

That being said, there is a delicate balance. However, what Trump is advocating is a new Power strategy, a new Power broker, and an Offensive Action instead of the whiny defense we’ve been playing. Xi’s response shows his weakness. Warning Trump to maintain status quo, warning Trump to back off, “warning Trump” is not going to win points.

While the defensive argument focuses on Treasury Notes and a Trade Balance, our trade balance operates at a massive deficit each and every year. That isn’t working! Instead, focusing on the offensive, China has a tremendous (Yuuuge) fresh water deficiency, and oil scarcity; two highly necessary commodities that support not just trade but sustenance.

China is the third largest importer of US goods topping out at $380.8 billion in 2016 according to government reports. However, what is more important is the deficit of trade with China which is consistently 400%!   That means that China needs the US 4 times more than the US needs China…   And Xi, is nervous.

Since 2003, food exports from the US to China have risen 500%. Over 20% of China’s farmland has been polluted by industrial waste. Even more crucial is the fact that China has to import about 40% of it’s agriculture water needs.   But it isn’t just agri related, China imports bottled water from Taiwan, South Korea, the US and a smaller portion from Canada.

Water is Gold.

Does this make China our new enemy? NO! It simply means that recognizing a shift in priorities, toward better trade pacts, may not be what China – wants – but it will create a true re-alignment of trade balance that alleviates the ridiculous deficit we have made our norm.

But even more fun is the fact that a Trump alliance with Russia goes against every grain of George Soros and his cabal of World Order philanderers. It means that the entire chaos agenda, racial divide and terrorist rise in order to create a destroyed world from which a new world can rise – may have just been decimated.   And The Hunger Games? Simply a fantasy future, and not the destiny direction Soros and Hillary fought for so adamantly.

China, Soros, Rothschilds? Take heed your own philosophy, Sun Tzu’s, The Art of War, “never underestimate your opponent”.

Negotiation not Threats and Warnings will be the new norm!

Obama’s Failed US Economy

Posted on by Helena

 

Obama inherited a collapse that took hold in 2008 with banking breaking out and bringing everything and everyone down with them. Since then, the economy has recovered from the collapse, but only to the same level it was during the inherited Bush era which Obama claimed was the catalyst for the fall.

In fact, prior to the fall, the GDP growth rate was at the exact same level it is reportedly at today. ADP Employment Change was at the exact same level, as was just about every core economic indicator. Since 2012, levels have dipped and flattened with absolutely no relative growth whatsoever.

January 2016, CNBC reported that the US economy had reached stagnated levels and predicted a near collapse in the near future citing zero interest rates for seven years, an additional $6 Trillion in added debt, and an economy that had yet to break the 2.5% growth rate. They predicted a recession. The GDP Annual Growth Rate for 2016 presently sits at about 1.6% – hardly a celebratory success! That would put us on par with Cuba, Ukraine and Botswana.

They weren’t alone. Even the New York Times was skeptical, claiming the economy was trudging along on a thread. But that was before Trump was elected and the agenda changed.

Suddenly, everything is rosy and any falter that might occur will be blamed on Trump, not on the inherited mess as was the Obama blame game.

Even China has issued warnings of a global economic retreat and begun monetary policies to mitigate a potential spiral.

According to The Heritage Foundation, economic freedom in the US dropped us to 11th place behind Hong Kong and Singapore, with us virtually tied with Taiwan, Mauritius, Lithuania and Bahrain… Ouch!

And of course, this doesn’t even begin to factor in the growth of ISIS, al Qaeda, and el Nusra as the implosion of the middle east gains momentum with every year we do – virtually nothing.

Nor does it factor in the NATO buildup threatening war with Russia and China – or the Ukraine crisis instigated by a ridiculous US/UK/Germany coup that has propelled them into chaos.

The heightened epidemics that threaten. The failed state of Brazil and Venezuela assisted by coups backed and promoted and funded by the US and allies. The racial divide that has pit the 12% representing our black population against – virtually everyone else including our police authority, whites, Hispanics, and Jewish population. Nor does the baton seem to include the failed healthcare that is bankrupting the middle class while ALL our politicians are immune.

And this does not even mention the hundreds of corporations that have left the US for tax evasion/aversion including about 50 major names. This does not include the thousands of corporations who have moved their jobs overseas to the determinant of our unemployed. It does not include the fact that illegal immigration in the US has grown fourfold between 2009 and 2014 for Asia, Africa, and Central America with a total growth estimated to be an additional 1 million in total. Or the fact that the Trade Deficit is the largest since 1998…according to the Wall Street Journal – another Liberal media enterprise.

Still, in the vein of fake stories, fake news, fake statistics, The Washington Post and New York Times would have us believe that Obama is leaving Trump a sweet, robust, productive, heavenly, blank check of prosperity!

Truth still does exist…despite the media manipulation.

China- The Global Winner…it is done

Posted on by Helena

China is quietly spending valuable time and money building an empire while the US spends its time and money destroying countries, having glitzy parties, and complaining.  And yet, we still decry – NO FAIR – and vie to slow down China!    Hmmm.

China’s President Xi Jinping has historic meetings with David Cameron, Zuckerberg, US billionaires, Taiwan President, Francois Hollande, he visits Seattle, Saudi Arabia, Iran, Switzerland, Prague, Japan, Djibouti, Egypt, Venezuela, Australia, etc… all within the last 18 months. All for one purpose – to sign lucrative business contracts and thus expand China’s economy.

While President Obama has traveled to Paris for the Climate Summit, as well as Kenya and Turkey and the Philippines – his trips were simply to talk to them and tell them how their governments needed to be ‘better’, needed to adhere to climate standards and stop all that nasty corruption stuff. No contracts. No business. No expansion – just a gnarly finger chastising like a bully father to his son. He visited factories and schools talking about gun control and free education and Black rights, and of course there were all the Democrat fundraising events…yawn.

But no business and no contracts and no expansion of the US economy.  There were no deals made, no bringing business into the US, no resolved tax structures, just an ever increasing Offshore Investment strategy to further the demise of the US economy… 

Politicians love to commiserate over the inequality of China’s trade, citing such affirmative stances as ‘Unfair’, and ‘We need to…’ – but in reality the backdoor dealings recognize China is where the money is and therefore – China is making leaps and bounds.

When running for President, Romney routinely demonized the unfair advantage China has taken in business – but when he was called out for his own investment in Chinese firms, his response was to lash out at Obama and ask him to be transparent about his!   In fact, he called out Obama for having ownership in a Cayman Island Trust – as in Offshore.  As in oops.  As in – How Quickly We Forget…

How quickly we forget:   in 2013 it was reported that Obama’s nominees Michael Froman economic advisor to US Trade, Penny Pritzker Secretary of Commerce, and Jack Lew Secretary of Treasury – ALL had offshore accounts in the Caymans.  Did they have any legal consequence?  Nah.  Ethical consequences?  Nah.

The reality is this:

China now has more billionaires than the US.

China’s economy determines the global economy.

China is expected to invest $30 billion in the US for 2016 alone.

China’s growth rate for 2015 was 6.9% – despite catastrophic claims by our media.

Chinese exports are surging while imports are dropping. Trade surplus as of March was $30 billion.

The Great and Powerful US?

We have a trade “deficit” – over $34 billion and a 2015 growth rate of 2.4%. Maybe we need to focus our concerns back where they should be – US.

In locating the US companies doing business in China – as in having their manufacturing plants there, the list was so long that getting through the A’s was tedious and included heavy weights like AT&T, Abbot Labs, AIG Financial, and Audi Motors. Companies go there because they are given tax advantages, and incentives.

There have been Chinese manufacturing plants in the US as well, but they are not fairing as well. Why? Because the Chinese believe that employees should actually take direction from management and supervisors – apparently a concept no longer recognized in the US. Instead, they find American workers unable to take direction, unable to follow rules, and lacking in that age old notion ‘respect’. As a result, the Chinese are turning more toward buyouts and real estate investments – as in the purchase of the Waldorf Astoria in Manhattan.  These investments don’t create jobs, they simply re-distribute US assets.

By contrast, US companies are complaining about their businesses in China because labor prices are increasing, there is a shortage of labor – as in everyone is working, competition with Chinese companies – as in ‘I wanted a monopoly’, and less corruption – as in “I can’t buy the government’.

What this reveals? Our system is broken.

Instead of raising money for elections, maybe our president should raise more investment.

Instead of talking to schools about our failures, maybe our president should hit the global highway and create success.

Instead of talking about the poor black slaves, maybe our president should address the black crime rate statistics and work to ‘change’ that statistic.

Instead of demonizing countries, maybe our president should embrace trade pacts and contracts. Instead of allowing for the rampant fraud and corruption within the government and all it’s institutions, maybe our president should look to how China has cracked the whip –

Instead of attending glitzy Hollywood events, doing selfies, and forging on lavish vacations, at the taxpayers expense, maybe our president could actually conduct – business – for The People and By The People.