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Anthony Pompliano 🌪
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You can't say you believe the jobs numbers and also be predicting a recession.
Either we are growing or we are contracting.
Which is it, anon?!
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People are not ready for this uncomfortable truth. The current administration is attempting to overhaul the workforce of America. First, the country is seeing a rise in native-born American workers getting a job. This reverses the trend from past administrations. I have always thought people politicize the native-born vs foreign-born workers and it is not helpful to the economic conversation. Americans should just be Americans in my opinion. However, the government data breaks these out into separate metrics for a reason. Second, we are seeing a decline in the government workforce. Job creation is favoring the private sector once again. Most rational people I know are excited about less public sector jobs and more private sector jobs. They understand that a country can not thrive when the economy is exclusively dependent on the government for growth. Regardless of what you think about the current administration, it is obvious there is a shift in policy that is creating a tailwind for native-born citizens and the private sector. These @zerohedge charts make the shift obvious. There are pros and cons to different aspects of the policies. Some people like it. Others will hate it. But you can't ignore the change because it is objectively happening.
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Bitcoin is up and gold is down over the last 5 days. Gold all-time high will be followed by new bitcoin all-time high.
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