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US economy shrinks. (But its Bidens Fault)

At this point, the more aware of you in America may be looking for an alternative. There are some third person independent revues of place to seek political refuge.. (I was going to say political asylum. But you already live in one of those)😷
[media=https://youtu.be/Gic40Ei5mwM]
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ShenaniganFoodie · 36-40, M
What happens when the world’s second-largest economy suddenly pulls the plug on billions of dollars in US energy exports without warning, without negotiation and without a single public signal? You get a global energy market in shock and Washington scrambling for answers.

In a move that stunned traders, analysts and policymakers alike, China has just announced a complete halt on all liquefied natural gas imports from the United States. A decision made abruptly with no prior indication, no phased reduction and no explanation beyond a terse statement from Beijing.

One moment American LNG tankers were in route across the Pacific. The next they were stranded, contracts frozen and billions of dollars now hang in limbo. This isn’t just another trade dispute. This is a deliberate geopolitical strike, one that could reshape the global energy balance, upend critical supply chains and leave US exporters bleeding

In April 2025, Australia’s energy giant Woodside Energy inked a game-changing 15-year contract with China Resources Gas, one of Beijing’s top natural gas distributors.

Under the deal, Australia will begin supplying LNG to China, the symbolism behind the agreement is monumental & will cost the USA $6.4b
whowasthatmaskedman · 70-79, M
@ShenaniganFoodie The deal is significant in other ways.. Energy is a strategic import for China and can be held back as a threat to Chinese Inductry. (And lets not pretend Trump isnt up for that) So this is a move to decouple the Chinese economy from American permanently.. It will create a glut in the US market and lower prices and profitability. 😷
swirlie · 31-35
@ShenaniganFoodie
China isn't doing this for retaliation against the USA, China is doing this to protect it's energy reserves from being dicked with (hijacked) by Trump.

Trump could have stopped those energy exports just as fast and as easily as China could do it, but China was the first one off the mark, not Trump! It will now be the USA who's left standing when the music stops, not China!

The truth is, Canada is doing the same thing with crude oil exports TO the USA where 70% of America's crude oil supply comes directly from Canadian oil wells via pipeline across the Canada/US border.

Canada is now in the process of creating an east/west pipeline while planning the eventual shutdown of their north/south pipeline to the USA.