In addition to the billions already wasted on Ukraine, the new Janet Yellen financial intelligentsia Advisory Committee has approved an EU/US loan to Ukraine for $50 billion.
According to their report: The increase in real GDP primarily reflected increases in consumer spending, exports, and federal government spending.
Increases in federal government spending: Led by the DoD, no financial reporting statements are available, however their FY 2023 audit was beyond abismal! The FY 2024 budget was roughly $824 billion, $172 billion over the previous year - 27%. According to their summary, they had available funds of - $1.9 trillion.
FY 2023, the military awarded $765 billion in contracts for new inventory - Only 61% of contracts are paid for by the DoD HHS picks up a portion, Secretary of State picks up a portion.
Increase in Consumer Spending: This is a value benchmark - therefore when prices increase by 125% this is the fantasy land of increased consumer spending.
Consumer spending has actually contracted which is why retail bankruptcies and scale backs are so prevalent.
Debt Clock - $7.2 Trillion spending with $35.84 trillion in debt.
https://helenaglass.net/2024/10/30/us-economy-and-the-dod-spending-reflect-fraud-and-chaos/
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