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Rebel Capitalist News

Holy Sh*t!! New GDP Numbers Blowout Expectations...But There's A Problem

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 28 August 2025

⏱️ 21 minutes

🧾️ Download transcript

Summary

If you want to earn a yield on your gold, check out https://www.monetary-metals.com/gammon/Whiteboard explaining monetary metals https://youtu.be/lw9crPfbAyI

Transcript

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0:00.0

Hello, fellow rebel capitals. Hope you're well. So we had big GDP revisions today.

0:06.7

We're going to dive into those blew out expectations. But it's like a Sir Mixalot video.

0:15.9

There's a big, big butt here. And we're going to go into that and more.

0:21.8

Let's shoot over to the Bureau of Economic Analysis.

0:29.6

This is the news release from this morning.

0:33.8

And we can see that the revision, this round of revisions was fantastic.

0:43.4

I mean, look at this.

0:44.9

3.3% you can see right here.

0:48.2

And just for reference, let's go over to this page and we see expectations over 3.1.

0:57.1

So not bad.

0:59.1

I mean, we had a bump of 0.2%.

1:02.5

So, I mean, the economy's on fire.

1:05.9

The tariffs are working.

1:07.9

Everything, MAGA economics.

1:10.5

It's, it's, you can't deny. It's an economic boom,

1:14.7

right? Maybe, maybe, but maybe not. As always, the devil is in the details. So let's go back to

1:23.9

the Bureau of Economic Analysis Report.

1:32.0

And we can see that last quarter was a negative.

1:33.4

Point five.

1:36.3

Never really good to have a negative.

1:42.5

But one of the main reasons it was a negative is because our imports were so high.

1:48.2

So when you look at the inputs for the GDP calculation, the trade deficit is one of those inputs. So if the trade, we do have a trade deficit, then that is a

...

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