Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureBiden's economy is falling apart, inflation is surging and the [CB] believes it is setting up Trump for the all. Trump is building a parallel economy and he is already creating the narrative that the stock market is not the gauge. Howard Lutnick says in the end the IRS will cease to exist. The [DS] money laundering scheme is unravelling right in front of their eyes, it was discovered that the [DS] creates popup NGOs to launder the money, there is no reason to do this unless you are laundering money. Trump has the [DS] where he wants them, they are fighting back and losing. The previews are over, its time for the show, it's coming.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/KobeissiLetter/status/1897424282906448251  at an annual rate of 3.5% over the next 5-10 years, a 30-year high. Meanwhile, prices paid in regional manufacturing surveys in Philadelphia, New York, Kansas, and Texas all jumped to the highest since mid-2023. Lastly, the prices paid index for services remained elevated at 60.4 points in January, the third-highest since February 2023. Inflation is clearly HOT. https://twitter.com/KobeissiLetter/status/1897365496691089918   Furthermore, Americans' perceived likelihood of a recession over the next 12 months jumped to 67% in February, a 9-month high. At the same time, 26% believe there will be fewer jobs available in the economy over the next 6 months, the highest share in 12 years. Consumers feel like we are entering a recession. ECB Cuts Rates, Says Policy Becoming "Meaningfully Less Restrictive"  While the ECB's rate cut this morning was not in doubt by anyone, and the ECB did not disappoint, cutting rates for the 6th time in a row by 25bps across the board (Deposit rate to 2.5% from 2.75%; Refinancing Rate to 2.65% from 2.90%, marginal lending to 2.60% from 2.85%)... Source: zerohedge.com With 9 Days To Go Before Another Shutdown, Trump Wants GOP To Buy Time "To Work On Our Agenda"  President Trump has encouraged Republicans to buy time "to work on our Agenda" with another Continuing Resolution (CR)  To that end, House Speaker Mike Johnson has proposed a "clean" stopgap funding bill that would maintain current federal spending levels through September 30. That said, Republicans will have to do this without support for Democrats - which means that it all comes down to whether Johnson can gain the support of all Republicans given the razor-thin Republican majority in the House - before the Senate weighs in.   Source: zerohedge.com   https://twitter.com/WallStreetMav/status/1897678624423092454   lying about. https://twitter.com/KobeissiLetter/status/1897669574327234711 Howard lutnick means that the administration’s policy decisions and priorities are not primarily guided by short-term fluctuations or performance of the stock market. Instead, the focus is on broader economic goals that align with President Trump’s agenda, such as boosting domestic factory production, increasing employment, and implementing trade policies like tariffs. This is a shift in emphasis away from using stock market gains as a key measure of success—something Trump often highlighted during his first term—toward a longer-term vision of economic restructuring. For example, he has downplayed recent market drops tied to trade-war fears, arguing that these movements (e.g., a half-percent or one-percent change) are not the administration’s main concern. Instead, he points to objectives like revitalizing American man...