“Make no mistake, it’s not about your convenience, and it’s not about saving the planet. It will be a complete impoverishment and enslavement of all the people,” German MEP Christine Anderson said regarding the push for 15-minute cities. She’s right. The 15-minute city is marketed as a futuristic town where everyone will live within 15 minutes of essential services. They are marketing these cities as affordable, convenient, and virtuous as they combat climate change. The truth of the matter is that these cities are reminiscent of the Jewish ghettos during World War II or the Japanese internment camps in the US. They are designed to contain and control the people.
As Anderson said, governments can easily implement climate emergency lockdowns. “The looming existential threat of climate change and worsening income inequality require us to urgently rethink our existing cities, and rapid urbanization makes it imperative that we create a new and better city-building template for cities to house future city dwellers,” the website for the enclosures states.
Since governments have made homeownership completely unaffordable to many, they are marketing “accessory dwelling units” (ADUs) under 1,000 sq ft as a viable alternative to housing. They claim this will solve homelessness as well since we will all be completely equal. YOU WILL OWN NOTHING AND BE HAPPY.
The government will choose where we live and how we live. The globalists want us to rely solely on government, a government that they hope will be a united one-world unit. The majority will be the “have-nots.” The few elites at the top will prosper on their puppets in their doll house towns who they can play with like Sim characters. My computer model has been stating that the globalists will fail, but it will take a revolution.
COMMENT #1: I have seen the covers of various times predicting ice ages to heat waves and always it has been some exaggerated forecast that never comes true. Does anybody really know what is going on with this climate change nonsense where we are being taxed and deprived of all advancement for a theory that is unproven?
GR
COMMENT #2: Hello, I was disturbed by Kennedy’s comment on locking up climate change opponents. However, I listened to a number of things he’d do the first day – all great. I voted for Trump in 2020; but believe he’s too egotistical to admit mistakes he made during Covid. He could be forgiven for listening to wrong advice; but admit it and don’t just blame others. Also, I voted for DeSantis but with his world tour promising military support around the world; seems like he’s just sucking up to the neocons. Trump needed to be “Trumpish” to win in 2016. If he admits past mistakes and “gets real”, show some humility; he could capture some never-Trumpers. Trump may be the only person would could drain the swamp, but his echo would not allow him to do what is necessary to capture the voters. I’m afraid DeSantis is going to be absorbed by the neocons. Kennedy may be the next best thing? You would do a much better job than Biden; but sadly, that’s not a high bar. Thanks, Bruce
REPLY: I agree, that Trump got caught up in the bad advice. It would be impressive if he would come out and tell the truth about COVID and who was giving him the advice. This Climate Change is insane. I grew up with gas stoves and heaters. New York has now banned gas stoves. These people are risking everything and sending society back to the stone age. The once respectable Economist has become an enemy of the people pushing both Schwab’s you will own nothing and insisting it had to be Biden for the Neocons.
It seems that the press is just a cheerleader for war. They paint nothing but hatred of Putin so we should send hundreds of thousands of our young to die to kill one man? After tens of thousands of years, we are no different from ants which also wage wars.
The worse analysis is whenever someone tries to claim everything is caused by a single event. That has never proven to be correct in any field of analysis. It is always far more complex.
ABSOLUTELY nothing can be reduced to a single cause and effect – NOTHING!
When I was called in by the Presidential Commission back investigating the 1987 Crash, an academic was put in charge of some investigation and said we were going to find that giant short that forced the market down. I explained that theory has always been put forth since the first investigation into the 1907 Crash and nobody has ever been found. They subpoenaed in 1930 all the millionaires and put them on trial in the Senate with false allegations. They found that they were all long – not short. They all lost money. But the allegation was so outrageous, William Fox (Wilhelm Fried Fuchs) founder of the Fox movie empire, lost his company thanks to countless lawsuits filed against him and he was too sick to attend the hearing in Washington so they put him on trial and destroyed his reputation all because they hated anyone who had money. That was why Hoover apologized for the unethical and unconstitutional treatment of the rich during the Great Depression.
When I explained that nobody was ever discovered, the next question was why then did the market crash? I explained that when everyone is long and something causes some to begin to take profit, the people try to sell and there is NO BID! That is when the market crashes. Politicians then blame short sellers and want to pass laws outlawing short selling and the ONLY person with the courage to buy during a crash is the short seller.
Eliminate that and you end up with a dead market just as took place in Japan. Instead of the crash being over in 2 to 3 years like 1929-1932, it was prolonged for 19 years. Everyone who was long was just waiting for a rally to sell that never came and there were no fresh buyers.
Climate Change is nothing but propaganda taking a natural cycle that can be proven and tracked for millions of years and these people want to reduce it all to just CO2 no different than blaming shorts for a stock market crash. There are just people obsessed with this propaganda and it is just beyond belief. If they believe in that so much, please then show us the way and just commit suicide to reduce the population, and that will reduce the whole CO2 problem.
During the 1970s, scientists were all predicting a new ice age. That was the popular view. Then there was a totally theoretical proposition laid out in the book Under a Green Sky that has become the bible for the total destruction of our modern society and just maybe they know that and are looking to deprive energy to reduce the population.
If we take the graph from the paleontologist Peter D. Ward’s book, “Under a Green Sky” published in 2007, this is what has inspired this whole climate debate and there is no evidence that it was CO2 that created an extinction of hundreds of millions of years ago. This has been a theoretical model that appears to be as reliable as the one funded by Bill Gates to justify locking down the entire world economy for a man-made virus – COVID19.
In 1832, Professor A. Bernhardi argued that the North Polar ice cap had extended into the plains of Germany. To support this theory, he pointed to the existence of huge boulders that have become known as “erratics,” which he suggested were pushed by the advancing ice. This was a shocking theory, for it was certainly a nonlinear view of natural history. Bernhardi was thinking out of the box. However, in natural science, people listen and review theories, unlike in social science, where theories are ignored if they challenge what people want to believe. In 1834, Johann von Charpentier (1786-1855) argued that there were deep grooves cut into the Alpine rock concluding, as did Karl Schimper, that they were caused by an advancing Ice Age.
There is a cycle to everything. The climate ALWAYS changes, and there are warming periods and cooling periods. These charlatans are no different than the Babylonian high priests pretending to block the sun with the moon on their command. Science was turned on its head after a discovery in 1772 near Vilui, Siberia, of an intact frozen woolly rhinoceros, which was followed by the more famous discovery of a frozen mammoth in 1787. You may be shocked, but these discoveries of frozen animals with grass still in their stomachs set in motion these two schools of thought since the evidence implied you could be eating lunch and suddenly find yourself frozen, only to be discovered by posterity.
The discovery of the woolly rhinoceros in 1772, and then frozen mammoths, sparked the imagination that things were not linear after all. These major discoveries truly contributed to the Age of Enlightenment, where there was a burst of knowledge erupting in every field of inquisition. Such finds of frozen mammoths in Siberia continue to this day. This has challenged theories on both sides of this debate to explain such catastrophic events. These frozen animals in Siberia suggest strange events are possible even in climates that are not that dissimilar from the casts of dead victims who were buried alive after the volcanic eruption of 79 AD at Pompeii in ancient Roman Italy. Animals can be grazing and then freeze abruptly. Climate change has been around for billions of years — long before man invented the combustion engine.
Even the field of geology began to create great debates that perhaps the earth simply burst into a catastrophic convulsion and, indeed, the planet was cyclical — not linear. This view of sequential destructive upheavals at irregular intervals or cycles emerged during the 1700s. This school of thought was perhaps best expressed by a forgotten contributor to the knowledge of mankind, George Hoggart Toulmin, in his rare 1785 book, “The Eternity of the World”:
” ••• convulsions and revolutions violent beyond our experience or conception, yet unequal to the destruction of the globe, or the whole of the human species, have both existed and will again exist ••• [terminating] ••• an astonishing succession of ages.”
Id./p3, 110
As for the overpopulation propaganda being pushed by Bill Gates, he is just part of the collapse of Western Civilization. I find it really hypocritical that they want to imprison Trump, but not people pushing to reduce the world population and mandating a vaccine that FAILED to prevent the virus and more people who died of COVID who were vaccinated than not. It would seem we are dealing with some dangerous psychopaths running around advocating global genocide. But hey! January 6th was against the political establishment so they are evil. When those in power conspire against We the People, there is nobody to defend the people because they also control all investigations and prosecutions. Only when the military wake up and realize that they TOO are We the People and their families and no longer support the political agenda history teaches us that is the only time when the people will be saved.
Inflation was only 1.4% when Biden took office. He began implementing policies on his first day that directly created the energy crisis in the US. He refused to reopen the economy under the pretense of COVID for as long as possible, disrupting the supply chain and damaging small businesses. Biden has created multi-trillion dollar spending programs that saddled the nation with more debt and increased price volatility. His team has been working to divide the people and create civil unrest. I could go on about his failures, but his worst move was involving America in the Russia-Ukraine war. Inflation has steadily risen to unsustainable levels nearly every month since Biden took office.
Biden’s team toys with the numbers to tout that inflation has gone down, but they are comparing the high and low both created under Biden. Wages cannot support the increase in costs and absolutely no one is better off under Biden. Considering the dire situation, it is infuriating that the US had a 1.4% inflation rate not long ago.
Inflation has soared by over 15% since Biden’s inauguration in January 2021. The “Presidential Inflation Rate,” (PIR) developed by the Winston Group, measures a president’s progress in handling inflation over time, from their inauguration month to the month of the most recent CPI report. As of March, inflation under Biden is 15%, which makes him the most inflationary president since Carter. Biden’s 24% “Presidential Inflation Rate” for rising electricity costs is higher than any of the previous seven presidents as it is now up 37.2%. The cost of food rose 18.3% under Biden, and eggs alone have soared by nearly 80%. Shelter costs are now at a 42-year high, and Biden’s PIR for rent has surpassed 13.5%.
Joe Biden takes no responsibility for the inflation caused by his policies and failures as a president. Inflation will continue to increase under Biden. He has absolutely no plans to address the issue, and the legislation he creates to address the problem only exacerbates it. Biden is a corrupt politician who lines his pockets with money from Ukraine and China. The investigation into his crime family that the media is sweeping under the rug reveals the truth. This man needs to be removed from office immediately, but the people alone must decide when they’ve had enough.
Biden is ushering in new socialistic policies and there are no checks and balances. I mentioned a few weeks ago how Fannie Mae and Freddie Mac are changing Loan Level Price Adjustments (LLPAs) on conventional loans. To ensure “fairness,” the agencies are helping “underserved” home buyers by reducing costs for those with lower credit scores and less money for down payments. Borrowers with a credit score under 680 will be rewarded, while those who spent years maintaining a high level of creditworthiness will see higher rates. So those with good credit and savings will be subsidizing mortgages for others who are less financially responsible.
The Federal Housing Finance Agency (FHFA) is using the race card and claiming this will help people of color secure loans. “In the short term, this may increase homeownership among the targeted group, but I’m afraid it could decrease homeownership among the middle class,” said Jerry Howard, CEO of the National Association of Home Builders. “I’m not sure that we’re not robbing Peter to pay Paul here.” People of color can also have good credit and savings for a downpayment, and it is an insult to say otherwise. As of now, lenders are solely looking at the colorblind numbers and race is not a factor. This is merely a ploy to see how this administration can slowly replace our republic with socialism.
This is completely unconstitutional and it’s telling how this measure passed with little backlash. Do not trash your credit because the rules of this rigged game always change. There will be backlash once people see the additional fees that the Biden Administration calls “minimum.” An extra $40 per month on a $400K loan amounts to over $14,400 over the course of a 30-year mortgage. Moreover, already stressed banks will be forced to provide loans at a lower rate to people who should not qualify. The law goes into effect on May 1, right in time for the busy spring season. Biden is forcing people to redistribute their wealth, and we are not talking about real wealth. Those with real wealth are buying in cash right now. This directly hurts the middle class who believed that working hard could afford them the now imaginary American dream.
Armstrong Economics Blog/USD $ Re-Posted Apr 24, 2023 by Martin Armstrong
COMMENT: Marty; I was in a board meeting and I just wanted to let you know one guy who is there simply because his family had a stake in the company with zero worldly experience, started ranting about the end of the dollar he probably read on that biased _____________________. I asked this fool, should we then move all our company funds to Russia or China since Brazil is too small of an economy? Should we stop dealing with Americans? He had no response.
Separating a fool from his money seems to be a never-ending fact about humanity.
Cheers
You are the only sane one out there these days
PY
REPLY: I know what you mean. The people promoting this BRICS nonsense have no understanding of the real world. Institutions cannot park billions in Brazil, China, or Russia. Especially in the face of war. The reason the Euro has failed as a serious reserve currency is that there is NO NATIONAL EURO DEBT! Institutions have to still jockey between the various risks of each country and all the Euro did was transfer the foreign exchange risk to the bond market. Sorry, I just do not see where the dollar is in some state of collapse.
When they came to me to create the Euro, I warned them that there would be no single interest rate without the consolidation of the debt. But Kohl never allowed the German people to vote on joining the Euro, so he would not allow the consolidation of the debt. I was told then that they just had to get the Euro started and they would worry about consolidating the debts later. Of course, that never came. Hence, the volatility in FX simply moved to the debt market. The bottom line – the US dollar is still the ONLY place for major institutions to park money – PERIOD! They are not buying Brazil, China, or Russia.
World Trade as a percent of total world GDP PEAKED in 2008 at 61%. It has been in a bear market that will not bottom before 31.4 years taking us into 2040. The sanctions on Russia have divided the world economy and killed SWIFT but it has also ended globalization. To think that the BRICS can replace the dollar with ZERO capacity for international capital to park in such markets is the delusion of absolute fools. China will surpass the USA, but only after 2032.
So here we go again. This nonsense is leading unsuspecting people to follow the piper to divest of dollars and move into what exactly? Most of this is propagated by the gold bugs who will NEVER listen. They hate the dollar because they think gold will rise then. What kind of a world will exist if their doom and gloom were a reality? You might not have any place to spend your wealth. I own gold NOT as an investment, but because of its neutrality.
There is such a major fraud going on with digital currencies with people reporting that the latest scam is using social media to tell people to transfer all their cash to a digital wallet, and BTW – here is the link! If you believe that one, perhaps you would like to buy the Brooklyn Bridge. NYC has a deficit and they will sell it for all the money in your savings. Wake up!
These people remind me of the famous drawing of a fool and his cat.
Posted originally on the CTH on April 14, 2023 | Sundance
Always keep in mind that retails sales from the Dept of Commerce [DATA HERE pdf] are always calculated in dollars. Inflation can artificially skewer retail sales if prices increase, and yet consumer purchases decline at a rate lower than the increase in price. Fewer units sold at higher prices can give the false impression of increased sales.
During an inflationary environment, when prices increase yet retail sales drop, there are substantially fewer units being purchased. Overall purchases at stores, restaurants and online declined a seasonally adjusted 1% in March from the prior month.
During the time measured gasoline was less expensive, so that led the drop in fuel sales; however, drops in dept stores (-2.5%), General Merchandise (-3.0%), electronics (-2.1%), and building supplies (-2.1%), shows another broad-based pullback of Main Street consumer spending. (pdf here)
These outcomes are in general alignment with what many people have shared via regional ground reports. Grocery store sales are flat despite major increases in grocery store prices (+10 to +20%). People are buying fewer grocery store units and making their food budget stretch as far as possible.
Durable goods are not considered essential, and sales of cars, electronics and department store products are much lower.
I am actually a little (pleasantly) surprised to see restaurant sales holding (+0.1%), despite the massive increase in fresh food costs. I thought people would eat out less, but the total decline in restaurant foot traffic seems to be in the single digits. I guess people can afford it more than I anticipated.
(Via Wall Street Journal) – […] The retail-sales report mainly captures spending on goods rather than most services such as travel, rent and utilities, offering only a partial picture of spending. The Commerce Department will release more complete figures later this month.
Spending on air travel was robust in March but outlays on other services like hotels declined, transaction data from Bank of America credit and debit cards showed. And the cost of shelter has increased faster than the overall rate of inflation, federal data show.
Some Americans have had to make adjustments to allow them to keep spending.
Recent data suggest many consumers are more cautious about purchases of goods they often have to borrow money to buy. In March, spending declined in big-ticket categories including vehicle sales, electronics, furniture, and at home-improvement and department stores.
“The current challenges in the used auto industry are well documented,” CarMax Inc. Chief Executive Bill Nash said on a call with analysts this week, “with affordability pressured by broad inflation, climbing interest rates, tightening lending standards and prolonged low consumer confidence.” (more)
The talking heads have been warning of a housing crash, but that is not what Socrates indicated. The 30-year fixed rate is around 6.89% at the time of this writing. Housing costs continue to rise, causing the costs of servicing mortgage debt to rise. Housing inventory is limited, and a recent report explains why we saw mass layoffs in the banking sector. The demand is still there and it is a sellers’ market. Cash is king when it comes to real estate for those who can afford it. Mortgage lenders are in trouble. In fact, only 32% of mortgage companies were profitable in 2022 compared to 98% in 2020.
The Mortgage Bankers Association (MBA) recently announced that independent mortgage banks and subsidiaries of chartered banks lost around $301 for every mortgage they financed in 2022. This marks a 113% decline from the prior year’s average and the first-time banks are seeing losses on mortgage products. This is not 2008 when banks handed out loans to anyone who asked.
“The rapid rise in mortgage rates over a relatively short period of time, combined with extremely low housing inventory and affordability challenges, meant that both purchase and refinance volume plummeted,” said Marina Walsh, CMB, MBA’s Vice President of Industry Analysis. “The stellar profits of the previous two years dissipated because of the confluence of declining volume, lower revenues, and higher costs per loan.” Production costs reached a high of $10,624 per loan last year. Productivity was 1.5 loans originations per production employee, down from 2.5 per employee the year prior, and an indicator of why we are seeing layoffs in the banking sector. No one is refinancing at these rates either and most chose a fixed rate, as we saw what happened in 2008 with adjustable costs.
First-time mortgages reached an all-time high of $323,780 last year, up from $298,324, the largest annual increase since the MBA began collecting data. The increased cost of loans increased the cost of serving mortgages. The MBA expects volume to decline further in 2023 before rallying in 2024 and 2025. The banking crisis may lead to banks and lenders selling off their mortgage debts once they cannot afford to service the debt. Again, the housing crisis today is not relative to the 2008 crash.
Posted originally on the CTH on April 11, 2023 | Sundance
A few days after the terror attack of 9-11-01, someone in media asked George W. Bush what Americans can do to help. Dubya’s response drew instant criticism, because he asked people to go shopping… but in the big picture, President Bush knew what could happen if the economic freeze continued.
When it comes to politics and economic outlooks, trust your instincts. The economics of the ‘thing’ is always the reason the ‘thing’ exists or does not exist.
When you are looking at economic news, always remind yourself… the people producing the news have a vested interest in maintaining a very specific outlook. The motive behind what Dubya said in September of 2001, pertains every bit as much today. Economic outcomes can topple entire governments.
Remember, this current ‘supply-side energy policy driven inflation‘, a purposeful effort to shrink the economy and yet tenuously maintain control, has never happened before. The people behind the Build Back Better agenda are, in reality, experimenting with a theory. DATA…
(ISM) – The Institute for Supply Management’s PMI contracted for the fifth straight month in March registering 46.3, the lowest level since May 2020. Any reading below 50.0 indicates contraction. The employment index declined by 2.2 percent to a level of 46.9.
Most of the impediments to manufacturing growth — such as shortages and lockdowns — have subsided, said Tim Fiore, chair of the ISM’s manufacturing survey committee, with the exception of pricing. ISM’s pricing index fell below 50 in March but at 49.2 remains higher than pre-pandemic levels.
“The beginning of the second half may not be the beginning of a recovery,” said Fiore. “Manufactures reduced headcounts because of uncertainty of demand and over-ordering has burned off. Demand isn’t coming back quickly enough to support current headcounts.”
All these trends were prevalent in March, he added, although the PMI has only lost 3 to 4 points since October 2022.
Back in December, ISM panelists anticipated an uptick in demand by the beginning of Q2. “We thought this recovery would be lumpy, but I think this indicates the recovery has been delayed,” Fiore said. “I think we are talking about expansion toward the end of Q3—it’s unlikely we’ll see a lot of activity in the summer.” (read more)
It’s not a recovery now, it will not be a recovery this year.
On a per unit basis, we have been in an economic contraction cycle since mid 2021. However, because economic outcomes are measured in dollars, the shrinking unit output, and the fewer units being sold at wholesale and retail level, is being hidden.
Inflation has hidden serious drops in unit purchases…. and fewer unit purchases mean lowered production output…. and lowered production output means less production is needed.
(CNBC SURVEY) – Inflation, economic instability and a lack of savings have an increasing number of Americans feeling financially stressed.
Some 70% of Americans admit to being stressed about their personal finances these days and a majority — 52% — of U.S. adults said their financial stress has increased since before the Covid-19 pandemic began in March 2020, according to a new CNBC Your Money Financial Confidence Survey conducted in partnership with Momentive.
Anxious and uncertain about whether they can get a better handle on their money, some may be intimidated by the prospect of creating a budget or unsure of where to stash their cash to get the highest returns. Others may be wondering how to begin saving for retirement when they’ve gotten off to a late start.
“People are worried that the money they’ve saved won’t last and are worried they’re going to have to lean more on their credit cards and other sources of debt just to get by,” said Bruce McClary, a senior vice president at the National Foundation for Credit Counseling. (read more)
If you want to know what’s going on in the larger U.S. economy, just look around you.
Don’t turn on the television and read the newspaper to see what is happening in the U.S. economy for your purchasing or life planning. Just look around you.
Look at restaurants and bars. Do you see continued high-volume business or not.
Look at the grocery stores. Do you see continued optimism, or not.
Look at the malls and shopping centers. Do you see foot traffic, or not.
Look at the real estate in your neighborhood – your local view. Do you see prices going up or going down.
That’s the reality of the economy as it impacts you….. and critically, that’s the reality of the economy nationwide.
When it comes to data and economics, do not let the media created ‘illusion of the thing‘ cloud your ability to see the reality of the thing.
Posted originally on the CTH on April 5, 2023 Sundance
For his opening monologue and first interview tonight, Fox News host Tucker Carlson outlined the ramification of non-western nations now trading in alternative currencies to the U.S. dollar. {Direct Rumble Link Here] As the dollar diminishes in value, and as an outcome of Biden using U.S. treasury bonds as part of the sanction regime against Russia, various non-western nations now perceive holding dollars as exposing themselves to risk.
Carlson is joined by Luke Gromen who accurately notes the dollar as a global trade currency may continue, but foreign nations holding U.S. treasury bonds as an asset will likely start contracting. The result of U.S. treasury bonds returning after maturity with no repurchase, would be an inability of the U.S. to borrow against their sale. This could, perhaps likely will, severely diminish the amount of money the U.S. congress can spend. WATCH:
None of this should come as a surprise to those who have paid attention. Factually, in March of last year, one month after the Russian sanctions were announced, the International Monetary Fund’s (IMF) Deputy Managing Director said the sanctions against Russia are likely to undermine the US dollar’s global dominance as a trade currency. Everyone could see this coming.
(Inside Paper) – March 2022 – […] “The dollar would remain the major global currency even in that landscape, but fragmentation at a smaller level is certainly quite possible,” Gopinath said in an interview with the Financial Times. She went on to say that some countries have already begun to renegotiate the currency in which they are paid for trade.
According to Gopinath, the drastic restrictions imposed by Western countries in response to Russia’s military operation in Ukraine may result in the formation of small currency blocs based on trade between individual groups of countries. Furthermore, the use of currencies other than the dollar or the euro in global trade would result in a further diversification of central banks’ reserve assets. (read more)
The efforts of NATO and the western alliance to crush the Russian currency have failed. The Russian ruble currency has jumped back from the sanctions and is now even stronger than before the sanctions were put into place.
With China and India supporting ongoing trade with Russia, and with Saudi Arabia responding coldly to the U.S. working on a deal with Iran for nuclear weapons, the geopolitical strategy of NATO, G7 and the proverbial western alliance increasingly looks like it will backfire.
Yellow Team -vs- Gray Team: Remember, China just brokered a deal to lessen hostilities between Iran and Saudi Arabia. The fulcrum of that agreement was economics.
Meanwhile in North America, Mexican President Andres Manuel Lopez-Obrador has said he was not willing to join the energy suicide pact pushed by Joe Biden and Justin Trudeau…. A policy break in the trilateral relationship which suddenly, and not coincidentally, aligns with the timing to make Mexico a pariah to the U.S. vis-a-vis a renewed media push on the drug cartel narrative.
BIG PICTURE NOT BEING DISCUSSED – The western politicians followed the climate change instructions of the WEF multinational corporations and banks (Build Back Better) and post-pandemic immediately started reducing energy development. The central bankers then began raising interest rates to shrink the economies of the same western nations to the scale of the now diminished energy production.
The raising of interest rates is now hitting the national and multinational banks impacted by government policy that was following WEF orders. Now the western politicians are stepping in with the government controlled central banks to backstop the national banks and multinationals. Can you see the dynamic?
Team yellow is suffering the consequences of their own ideological policy as enacted. Team grey is not going to help team yellow get out of a crisis team yellow created, which was intended to hurt team grey.
Obviously, we have caused a hole in the magnetic field that will devastate South America and it must be all our fault for driving cars, heating our homes, eating hamburgers and Nathan’s beef hot dogs, smoking, and going to working even virtually since that requires electricity.
The image above (created by scientists Christopher Finlay, Clemens Kloss, Nils Olsen et al) shows a growing weak patch in the Earth’s magnetic field that is exposing satellites and the International Space Station to greater radiation risks. It appears to have been growing since 1958 and will possibly split into two like an Ameba is a unicellular organism giving birth to a clone. Unlike higher forms of life, amoebas do not need another individual’s genetic material to reproduce. The nucleus of each cell contains the amoeba’s genetic material. First, the genetic material replicates. Then the nucleus divides.
In my studies of cycles and the universe, there is never something new. It appears to be the same process over and over again. The universe is fractal. This to me appears to be preparing to split precisely as an amoeba which is a single-cell lifeform.
These climate zealots refuse to look at the world that is cyclical in nature and there is no exception. Their forecasts are always linear, and nothing in the world functions in such a manner. They always try to reduce everything to a single cause and effect and that shows their stupidity for everything exists in COMPLEXITY and you can NEVER reduce anything to a single cause and effect. I find their claims of CO2 a clear illustration of their own ignorance.
So has CO2 now caused the sun to have a hole that is shooting out plasma? Or has it only caused the hole on our planet in our magnetic field? We better hurry up and double everyone’s taxes so the politicians can use it to put their kids through college.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America