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Today's show dissects the Trump-Zelensky Minerals Deal finally signed, concluding it's not at all like Trump's first deal in March. No US repayment for past US aid in this one and a back door is opened in the deal for US giving Ukraine more weapons again. And why were 3 documents drafted but we only get to know of one? Second half of show discusses the preliminary US GDP for1st three months of 2025 showing a contraction of the US economy by -0.3%--due mostly to US businesses importing extra goods from offshore as a buffer for potential US tariffs on the horizon + US government spending cuts. Business investment continues rising (mostly inventories), housing and manufacturing contracting, and consumer spending rising at a rate half that of 4th quarter 2024.
4.8
2525 ratings
Today's show dissects the Trump-Zelensky Minerals Deal finally signed, concluding it's not at all like Trump's first deal in March. No US repayment for past US aid in this one and a back door is opened in the deal for US giving Ukraine more weapons again. And why were 3 documents drafted but we only get to know of one? Second half of show discusses the preliminary US GDP for1st three months of 2025 showing a contraction of the US economy by -0.3%--due mostly to US businesses importing extra goods from offshore as a buffer for potential US tariffs on the horizon + US government spending cuts. Business investment continues rising (mostly inventories), housing and manufacturing contracting, and consumer spending rising at a rate half that of 4th quarter 2024.
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