Archive for gross domestic product

Current State of the Economy, January 2021… Michael Douville

Posted in #PaulthePoke, Michael Douville with tags , , , , , , , , , , , , on January 12, 2021 by paulthepoke

One of the hallmarks of the beginning of the tribulation is hyperinflation as noted in Revelation 6. At http://Paulthepoke.com we are watching economic conditions, specifically trends regarding inflation.

Michael Douville is our go to expert on all things economic. Douville is connected with the brightest economic minds in the industry. Today, he offers his insights into the current status of the global economy.

The economy is recovering. There are still many areas that are struggling , but there are also many areas that are actually BOOMING. Manufacturing, Industrials, IT, DoD, Construction, Housing are doing very well and are poised to do even better as the Economy heals… Q1 and Q2 look great.

black and white business chart computer
Photo by Lorenzo on Pexels.com

Michael provides current economic data with regard to industrial production, commodity prices, inflation, economic recovery, monetary effects of “lockdowns”, current money supply, savings rates, gross domestic product data, and federal stimulus programs.

Where is the dollar headed? Higher or lower?

What about mortgage rates? What direction are they headed? Where are we in the real estate cycle?

Should we be weary of a “Mad Max Event”?

To contact me michael@michaeldouville.com

The video below is jam packed with real data and charts. Michael’s explanations are straight forward and to the point. No economic cheerleading or bias here, just the facts.

https://michaeldouville.com/

The Bible says hyperinflation is coming at some point in the future. Revelation 6 talks of a time when it will cost a day’s wage just to eat. Be on watch!

Revelation 6:5-6 When he opened the third seal, I heard the third living creature say, “Come!” And I looked, and behold, a black horse! And its rider had a pair of scales in his hand. And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”

%d bloggers like this: