{"id":116689,"date":"2021-02-03T13:28:25","date_gmt":"2021-02-03T18:28:25","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=116689"},"modified":"2021-02-03T14:02:08","modified_gmt":"2021-02-03T19:02:08","slug":"on-the-8th-day-of-bidens-coming-to-power-the-united-states-officially-announced-a-recession-chinas-yangtze-river-news","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/on-the-8th-day-of-bidens-coming-to-power-the-united-states-officially-announced-a-recession-chinas-yangtze-river-news\/","title":{"rendered":"\u201cOn the 8th Day of Biden\u2019s Coming to Power, the United States Officially Announced a Recession!\u201d \u2013 China\u2019s Yangtze River News"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">42<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fon-the-8th-day-of-bidens-coming-to-power-the-united-states-officially-announced-a-recession-chinas-yangtze-river-news%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=116689&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><strong><a href=\"http:\/\/wap.jpchinapress.com\/news\/newNews\/20210202\/27628.html#\">China\u2019s Yangtze River News<\/a> reported yesterday that the US has officially announced a recession only eight days after Biden coming to power.<\/strong><\/h3>\n<p>The China Media Outlet went on and shared (based on translation using Google translate):<\/p>\n<blockquote><p><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"auto\" data-phrase-index=\"0\">On January 20, local time, Biden formally took office as President of the United States. However, on the eighth day after Biden took office, news of the Great Recession came out in the United States.<\/span><\/span><\/p>\n<p><span class=\"VIiyi\" lang=\"en\"><span class=\"JLqJ4b\" data-language-for-alternatives=\"en\" data-language-to-translate-into=\"auto\" data-phrase-index=\"0\">According to a report from China Central Broadcasting Corporation on January 29, the first estimated data released by the U.S. Department of Commerce on the 28th showed that due to the impact of the new crown pneumonia outbreak on business activities and causing millions of people to lose their jobs, the actual GDP of the United States in 2020 (GDP) shrank by 3.5% annually. This is also the first full-year contraction of the US economy since the 2008 international financial crisis, the worst performance since 1946. The data shows that from April to June 2020, during the \u201cstay at home\u201d period in the United States, the U.S. economy contracted by 31.4%, which was the largest quarterly contraction since 1947 when comparable data were available. From October to December 2020, the real gross domestic product (GDP) of the United States increased by only 4.0% annually, a sharp slowdown from the 33.4% growth rate in the previous quarter.<\/span><\/span><\/p><\/blockquote>\n<p class=\"article-extras trending\"><strong>TRENDING:<\/strong> <a href=\"https:\/\/www.thegatewaypundit.com\/2021\/02\/watch-newsmax-host-mike-lindell-talk-tech-censorship-ends-censoring-storms-studio\/\" data-type=\"Internal link\" data-type-location=\"in-content-trending\">WATCH: Newsmax Host Has Mike Lindell on to Talk About Tech Censorship \u2014 Ends Up Censoring Him As Well \u2014 Then Storms Out of Studio<\/a><\/p>\n<p>The article went on to suggest that China\u2019s economy was growing which is suspect as most all the numbers coming from China are.\u00a0 What we do know is that Democrat governors took the China coronavirus shut downs to such an extent in their attempts to negatively impact the Trump economy that they likely hurt their state\u2019s economies permanently.\u00a0 This is why the states like California took action immediately after Biden\u2019s inauguration to drop their insane rulings and open their economies:<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"XI8M9jV4ET\"><p><a href=\"https:\/\/www.thegatewaypundit.com\/2021\/01\/watch-newsom-squirm-asked-lifted-californias-strict-stay-home-order-political-reasons-including-recall-efforts\/\">Watch Newsom Squirm When Asked if He Lifted California\u2019s Strict Stay-at-Home Order For Political Reasons, Including Recall Efforts<\/a><\/p><\/blockquote>\n<p>Biden to date has only harmed the economy as well.\u00a0 Which is why he has warned about the economy himself:<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"OVAf5UoVCA\"><p><a href=\"https:\/\/www.thegatewaypundit.com\/2021\/01\/biden-warns-economic-crisis-deepening-killing-tens-thousands-jobs-first-day-office-video\/\">Biden Warns \u2018Economic Crisis Deepening\u2019 After Killing Tens of Thousands of Jobs His First Day in Office (VIDEO)<\/a><\/p><\/blockquote>\n<h3><strong>The long term prospects for the US with economic killing policies from Biden are not good \u2013 even China knows this.<\/strong><\/h3>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s Yangtze River News reported yesterday that the US has officially announced a recession only eight days after Biden coming to power. The China Media Outlet went on and &#8230;<\/p>\n","protected":false},"author":1,"featured_media":1892555,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[3706,4726,5093,5084,5090,5087],"class_list":["post-116689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-bidens","tag-coming","tag-officially","tag-power","tag-states","tag-united"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/116689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=116689"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/116689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1892555"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=116689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=116689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=116689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}