DONALD TRUMP ON THE ECONOMIC SITUATION, THE DROP OF THE GDP & more

25 days ago
1.7K

As you've probably heard, some very big things have happened, but the biggest seems to be this
GPD just announced a drop to 1.6% and continues south, it's about to get worse
California gas prices were also just announced. 7.60>76 Gas ⛽️ going way up. Energy costs going way up and the stock market is kind of crashing 👀 The numbers are very bad.
This is Bidenonmics, it's catching up with him. It's lucky that it's catching up now before he leaves office, not after he leaves office.
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Repeated 1.6 GPD-A dangerous #
LOCKDOWN
Unions
South
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24 hours 👀
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3:15-3:22 Says "thank you", turns left, walks away (reporter asks question) turns left, comes back and completes the circle ⭕️
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I'm going to go in now and face an election interference case 👀🔥
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Time stamp 9:41 ET
Video 6:37
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African and Middle Eastern countries are withdrawing their gold reserves due to American economic concerns ...
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We already reported...
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https://t.me/GESARAandNESARA/14178
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24.04.2024 - As a result of growing concerns about the stability of the American economy, several African and Middle Eastern states have begun withdrawing their gold reserves from the United States in recent months. This trend marks a significant shift in global economic dynamics and underscores nations' increasing skepticism about the traditional safe-haven status of the U.S. dollar and American financial institutions.
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The decision to repatriate gold reserves is not just symbolic; it reflects a deeper unease among these nations about the direction of the American economy. Countries taking such measures include Nigeria, South Africa, Ghana, Senegal, Cameroon, Algeria, Egypt and Saudi Arabia, each representing important regions in Africa and the Middle East. Their actions raise questions about the future of the U.S. dollar as the world's main reserve currency.

The deteriorating state of the American economy is the main reason for these deductions. Persistent inflation, rising debt levels and concerns about the Federal Reserve's ability to maintain stable monetary policy have undermined confidence in the US dollar. In addition, geopolitical tensions and uncertainties surrounding trade relations have further fuelled fears among foreign governments.

For the countries of Africa and the Middle East, protecting their gold reserves is not only a matter of economic prudence, but also a strategic necessity. Gold has traditionally been seen as a store of value in times of economic turmoil, providing a hedge against currency devaluation and geopolitical instability. By repatriating their gold reserves, these countries are seeking to protect themselves from potential financial contagion and secure their wealth within their borders.

Nigeria, Africa's largest economy, decided earlier this year to repatriate gold reserves held in the United States. The move drew support domestically, with Nigerian officials citing concerns about the long-term stability of the U.S. economy and the need to diversify risk exposure. Similar views have been expressed by other countries in the region, highlighting a broader trend of reassessing traditional economic dependencies.

In the Middle East, Saudi Arabia's decision to withdraw its gold reserves from the United States sent shockwaves across global markets. As one of the world's largest oil exporters and a linchpin of the global economy, Saudi Arabia's actions underscore growing disillusionment with the American financial system. The kingdom's move is seen as a strategic maneuver to protect its financial assets amid rising geopolitical tensions and uncertainties in the region.

Egypt and South Africa, two other major economies, have also taken steps to repatriate their gold reserves, signaling a coordinated effort by African and Middle Eastern countries to reduce their exposure to US economic risks.
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➥ Article 📰 from The Houston Post

✔️ Not only is the dollar playing an increasingly smaller role in world trade thanks to BRICS, now various countries are also withdrawing their gold reserves from the USA..

✔️ Whether you will hear about it in our news❔

✔️ Hardly NOT...

https://houstonpost.org/2024/04/24/african-and-middle-eastern-nations-withdraw-gold-reserves-amid-american-economic-concerns/
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https://t.me/GESARAandNESARA/14186

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