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It’s Coming: Biden’s Latest Irrational Move Obliterate the US Economy About 2 Weeks Out
The Gateway Pundit ^ | 1/8/2022 | Jim Hoft

Posted on 01/08/2022 6:26:53 AM PST by LoveMyFreedom

Of course, this is not making headlines but in the next two weeks Joe Biden is planning on shutting down a significant portion of the trade pipeline with Canada.

According to government figures U.S. goods and services trade with Canada totaled an estimated $718.4 billion in 2019. Exports were $360.4 billion; imports were $358.0 billion.

Canada was the largest goods export market in 2019. Canada was the United States’ 3rd largest supplier of goods imports in 2019. U.S. goods imports from Canada totaled $319.4 billion. 70% of that trade is moved by truck.

In about a week the Joe Biden’s vaccine mandate will mean around 30,000 cross-border truckers will be forced to shut down. Starting January 15, truckers will be forced to show proof of vaccine.


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KEYWORDS: belongsinbloggers; bidenadm; economy; fakewaypundit; hoftalert; whosincontrol
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To: stars & stripes forever

BINGO!


21 posted on 01/08/2022 7:07:21 AM PST by Michael.SF. (Never do anything illegal, when you are doing something illegal. )
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To: Mr. Jeeves

Yes, I think they have decided to rob US Americans of all their assets and wealth once and for all.

They’re going to kill the goose and eat it.

They must figure that this best aligns with the commie wing of their party, while building enormous wealth for themselves and their family. I expect them to take those gains and live elsewhere.


22 posted on 01/08/2022 7:07:58 AM PST by Sarcazmo
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To: delta7

Much, much found on the Democrats push for a cashless system. Here is just one .

https://piggybankcoins.com/fedcoin-vs-the-us-dollar/


23 posted on 01/08/2022 7:08:13 AM PST by delta7
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To: qaz123

It appears to me that the ENTIRE apparatus of Government, fed and state has been seized by some entity.


24 posted on 01/08/2022 7:09:48 AM PST by Sarcazmo
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To: delta7

For the doubting Thomas’s, straight from the lefty Wiki site. Wake up America.

“According to a May 15, 2020 WEF article, COVID-19 offers an opportunity to “reset and reshape” the world in a way that is more aligned with the United Nations 2030 Sustainable Development Goals (SDG), as climate change, inequality and poverty gained even greater urgency during the pandemic.[19] This includes resetting labour markets, as more people work remotely speeding up the process of the “future of work”. The reset will advance work already begun to prepare for the transition to the Fourth Industrial Revolution by upskilling and reskilling workers.[20] Another post-COVID concern raised by the WEF is food security including the “risk of disruptions to food supply chains”, and the need for “global policy coordination” to prevent “food protectionism from becoming the post-pandemic new normal.”[21]

In her June 3, 2020 keynote address opening the Great Reset forum, a joint initiative of the WEC and the Prince of Wales, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) said that there has been a “massive injection of fiscal stimulus to help countries deal with this crisis” and that it was of “paramount importance that this growth should lead to a greener, smarter, fairer world in the future”.[4][22] Georgieva listed three aspects of the Great Reset; green growth, smarter growth and fairer growth. Government investments and government incentives for private investors could “support low-carbon and climate-resilient growth” such as “planting mangroves, land restoration, reforestation or insulating buildings.”[4] With low oil prices, the timing was right to eliminate fossil fuel subsidies and introduce carbon pricing to incentivize future investments.[4] The COVID-19 pandemic presents an opportunity to shape an economic recovery and the future direction of global relations, economies and priorities.[23]

In June 2020, Klaus Schwab, who founded the World Economic Forum (WEF) in 1971 and is currently its CEO, described the three core components of the Great Reset.[2] The first includes creating conditions for a “stakeholder economy”; improving policies and agreements on taxes, regulations, fiscal policies and trade to result in “fairer outcomes”.[2] The second component addresses how the large-scale pandemic spending programs with private investments and pension funds could improve on the old system by building one that is more “resilient, equitable and sustainable” over the long term by “building green urban infrastructure and creating incentives for industries to improve their track record on environmental, social and governance (ESG) metrics”. The third component of a Great Reset agenda is to “harness the innovations of the Fourth Industrial Revolution” for the public good.[2] A July 2020 non-fiction by Schwab and economist Thierry Malleret develops the plan in more detail.[3]

In one of the Great Reset Dialogues, John Kerry and other members of a WEF dialogue discussed how to rebuild the “social contract” in a post-COVID world.[24]…”

https://en.wikipedia.org/wiki/Great_Reset


25 posted on 01/08/2022 7:18:51 AM PST by delta7
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To: LoveMyFreedom

this was mentioned on david webbs show the other day


26 posted on 01/08/2022 7:20:17 AM PST by Karoo
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To: LoveMyFreedom

WHile not a welcome development it’s hardly going to be devastating. It could have up to a 0.6% effect on our GDP.

It’s more like a single paper cut in death by a thousand cuts.

Trade exports represented 12% of US GDP in 2019. Canada represents 14% of that. So 12% * 14% = 1.7% of GDP.

But Trade won’t be completely shut down. Assuming Cross border truckers have been vaccinated in the same ratio as Americans, only 1/3 of truckers will be affected. So 1.7% * 1/3 = 0.6%.

I’m not sure but I think my numbers include goods and services. And services probably won’t be affected at all. Services is 1/7 of the total exports.

And you have to assume that some portion of the unvaccinated truckers will get vaxxed. There will be some reallocation of drivers with unvaxxed taking more local routes and more vaxxed shifting to international routes. And some portion of open jobs created will get filled by vaxxed workers.


27 posted on 01/08/2022 7:26:17 AM PST by DannyTN
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To: Karoo

Gateway via Conservative Tree House


28 posted on 01/08/2022 7:27:23 AM PST by mplc51 ( )
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To: AFB-XYZ

The mandate on Jan 15th is real. Everything else is speculation, but a logical worse case projection is grim. The bad part is that it is all unnecessary and someone appears to be doing their best to crash the economy.


29 posted on 01/08/2022 7:29:34 AM PST by Paperpusher
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To: DIRTYSECRET
Senators raise concern over cross-border vaccine mandate for truckers

I remember when Freepers were curious

30 posted on 01/08/2022 7:30:36 AM PST by saywhatagain
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To: Sarcazmo

It appears to me that the ENTIRE apparatus of Government, fed and state has been seized by some entity.
————————-

It appears to me that the ENTIRE apparatus of WORLD Government, fed and state has been seized by some entity.

I am of the opinion THIS attempt fails. However, when the current worldwide sovereign debt crisis finishes playing out, the Great Reset will be happily accepted by the masses ( promises from the governments your SS, retirements, bank accounts, etc will be saved) they will rush to Fedcoin and all other .gov digital “ fixes”. Just look how fast every sucker bought into this c flu crisis….when everyone’s entire wealth will be threathened, they will run to the governments cashless “ fix”.


31 posted on 01/08/2022 7:31:16 AM PST by delta7
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To: Mr. Jeeves

In order to “Build Back Better” the Biden Administration must destroy our country.


32 posted on 01/08/2022 7:32:39 AM PST by Yolanda (Jussie Smollett hoa)
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To: saywhatagain

I remember when Freepers were curious
—————
I remember when Freepers ran to God almighty and not corrupted man to help them.


33 posted on 01/08/2022 7:32:59 AM PST by delta7
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To: KarlInOhio
I can tell that thase in charge don't really consider COVID an actual threat when they continue to allow unlimited illegal immigration

They want to destroy America's economy and usher in the New World Order.

34 posted on 01/08/2022 7:33:46 AM PST by stars & stripes forever (Blessed is the nation whose God is the Lord. (Psalm 33:12))
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To: LoveMyFreedom
Gov. will need to print more money...

Biden/ilk get their usual cut.

Ameriscam

35 posted on 01/08/2022 7:35:23 AM PST by RckyRaCoCo (Please Pray For My Brother Ken.)
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To: Yolanda

From Wiki, do remember very few here ever heard about the Great Reset.
If they did, they would have realized early on this C flu is a hoax.

“ United States[edit]
A January 23, 2021 Financial Times article said that policymakers around the world are anticipating President Biden’s “reset on trade, tax and climate.”[46] President-elect Joe Biden had announced in November 2020, John Kerry will be appointed as U.S. Special Presidential Envoy for Climate,[47] and Kerry was confirmed in this position on inauguration day, January 20, 2021. Kerry had participated in one of the Great Reset Dialogues on how to rebuild the “social contract” in a post-COVID world.[24][48] Kerry said that COVID-19 offered a “big moment” that opened the possibility for the Great Reset. He said the WEF would play a significant role in refining how to respond to climate change and inequalities that were “laid bare as a consequence of COVID-19.”[49] The Heartland Institute’s editorial director expressed concerns that President Joe Biden, elected in November 2020, would “bring the Great Reset to the United States” and that “the country [would] never be the same.”[49]”


36 posted on 01/08/2022 7:37:20 AM PST by delta7
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To: DIRTYSECRET

https://www.trucknews.com/transportation/vaccine-mandate-could-see-38000-truck-drivers-abandon-cross-border-work-cta/1003154448/


37 posted on 01/08/2022 7:37:27 AM PST by Fresh Wind (Media Control is an anagram of Delta Omicron.)
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To: DIRTYSECRET
It’s Gateway.

True, and yet it makes sense when one comes to the realization that Poopy Pants Biden is hell bent on destroying our economy and the entire country from top to bottom, to remake it as a Communist country. That's the Democrats dream.

Once you realize that Biden/Biden's handlers are just hell bent on destroying our country making life as miserable as possible, everything "Biden" does makes sense. Even as ridiculous and absurd as it may seem.

38 posted on 01/08/2022 7:38:48 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: EEGator
All on purpose and nothing to do with Covid.

Build Back Broke!

39 posted on 01/08/2022 7:39:33 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Paperpusher

This kind of reminds me of the old days of testing a new design of airplane. I don’t know if they still do it but at one time the would place weights on the wings of a test plane, increasing the weight until something broke. It looks like our economy is being tested to the breaking point.


40 posted on 01/08/2022 7:42:09 AM PST by Paperpusher
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