Remember that fourth quarter GDP result that seemed manipulated? Well, I suspect the record setting trade deficit now being reported for January is an outcome of those pesky fourth quarter trade results being intentionally skewed by the withholding of December 2021 import data.
Additionally, methinks we are likely to get some increased economic clarity about why the White House needed Ukraine to become the big shiny thing with such urgency.
Just like everything else, geopolitical dynamics –especially those surrounding entrenched ideology– are always about the economics. Someone, eventually, always has to pay. Follow the money; there are trillions at stake.
First, keep in mind that missing Port of Los Angeles result from December as you review the import/export details:
(REUTERS) […] The goods trade deficit jumped 7.1% to an all-time high of $107.6 billion last month. Imports of goods increased 1.7%, led by food and motor vehicles. There were also large increases in imports of industrial supplies, capital and consumer goods. Imports of other goods, however, tumbled 15.3%.
Exports dropped 1.8%, weighed down by consumer goods, motor vehicles, food and other goods. But exports of capital goods and industrial supplies increased. Trade has been a drag on gross domestic product for six straight quarters. (read more)
That missing Port of LA December import data, now being introduced into the month of January, might just be the cause of the “all time high” noted above. I will bet one sustainable rice cake on it.
Next up, inflation.
Current CIA Director William “Bill” Burns was the former ambassador to Russia and Jordan. Bill Burns had a 33-year career at the State Department under both Republican and Democratic presidents and speaks fluent Russian. If the people in the background of Joe Biden wanted an intelligence operative to trigger a specific result from Russia, there’s no one more strategically perfect for the job than CIA Director Bill Burns.

“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”
Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.