meta_pixel
Tapesearch Logo
Log in
Rebel Capitalist News

News: New GDP Numbers Reveal Their Dark Secrets

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 30 October 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro

Rebel capitalist merchandise https://www.rebelcapitaliststore.com

✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/

 

✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro

 

✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, fellow rubber capitalists, hope you're well.

0:02.4

So the new GDP numbers are out.

0:06.4

And I think this reveals some dirty secrets

0:11.2

that the politicians don't want you to know.

0:15.0

Let's get right into the data, go to a couple different stories,

0:19.0

and let's try to connect the dots.

0:22.0

Starting off with CNBC title, US GDP grew at a 4.9%

0:30.3

4. Almost 5%.

0:34.0

And supposedly that's adjusted for inflation

0:36.0

in the third quarter.

0:37.0

So that's an annualized number, of course.

0:40.0

But 5%, that is a staggering number.

0:45.8

So now, when you're coming out of the surveys of sickness,

0:48.6

we have all this stimulus and whatnot,

0:50.8

and you're coming out of basically lockdown okay that's expected but

0:56.3

for the United States have a 5% GDP print and meaning the United States being a very developed economy.

1:05.0

That's unbelievable. I mean that's all almost like emerging market numbers right there.

1:10.0

So I read some reports this morning from I believe it was USA Today and they were literally saying and the words they were using the economy is sizzling. That's the word they used. Sizzling. Okay, well I'd like to ask you guys right

1:28.6

now on this live stream or watching this video after the fact. How many of you, based on the anecdotal evidence,

1:35.0

your personal experience that you have with your job, with your income, with your

1:39.0

expenses, or maybe your kids, your wife friends your family members how many of you would describe

1:47.6

your personal experience with the US economy as sizzling.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from George Gammon, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of George Gammon and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.