The Chinese are keen on investing in tangible assets, namely real estate. Canada implemented restrictions on foreign buyers after accusing them of the real estate shortage and sky-high prices. Chinese buyers are now targeting the American housing market. In fact, Chinese buyers outnumbered buyers from any other foreign country and spent over $6 billion on US real estate from April 2021 to March 2022. Canadians came in second for foreign home buyers, spending $5.5 billion in the same period.
The National Association of Realtors also noted that Chinese buyers tend to purchase more expensive properties, averaging over $1 million at a time when home prices were averaging under $400,000 (prices have risen since then). Around 31% of Chinese buyers selected properties in California and tend to choose wealthier areas for investments.
This is simply a means to park cash. Around 44% of foreign buyers purchased homes in all-cash deals. Non-resident foreign buyers were 60% likely to pay in cash compared to 30% of resident foreign buyers. Yes, this does mean that home prices will rise as foreign buyers can outbid most domestic buyers. This is good news for sellers who may have found themselves with no bid but disastrous for the average citizen who is struggling to find permanent shelter while paying for high rental properties that further remove them from the dream of homeownership.
One thing to consider is geopolitical relations. Look at how the US and others treated Russian “oligarchs” this past year by seizing all their assets under the pretense of conspiracy. No actual crime needed to be committed for bank accounts and assets to be forfeited. Tensions are rising with China, namely over Taiwan, and it is not unreasonable to think that the US could pull the same move on another nation. The Chinese government is selling off US debt and slowly putting distance between itself and the current top economy. Private investors may follow suit if geopolitical tensions continue to rise.
When the Allies crossed the border to invade Germany as WWII came to an end, the German population hung white sheets from the windows to signify their surrender. Just a few years before, the German people were told to celebrate the prospect of dominating Europe as retribution for the punishment they endured because of the war waged by the leaders before. The Prince of Savoy, who inspired the 2nd Amendment to the US Constitution, warned that war was inevitable because kings held standing armies, and they wanted to use them to get their money’s worth.
Today, the people of Europe were told that the euro would cure all things, even gout, and would lead to Europe surpassing the United States economically. They said the euro would kill the dollar once and for all. How dare this upstart country think it could surpass the majesty of Europe with centuries of history to support it.
Yet today, there is growing bewilderment within Europe. Even Germany has slipped into a disoriented state, with its leaders sleepwalking into a dark fate for Europe. World leaders seem to have forgotten everything from history class, or perhaps they cut that one to smoke a joint outside on campus. They have turned the economic success of generations to rebuild Europe into a declining trend pockmarked with rising authoritarianism. These leaders lack any sense of future other than the raw power they seem to cling to.
Even the Germans settled into a comfortable life, climbing to the top of the economic status within the EU and rising from the ashes with hard work. They were told to believe in their own accomplishments and their superiority within Europe and that their economic system was working perfectly. Sadly, the people were induced with success into a trend of self-deception. Leaders preached changing everything to a new Green world with intoxicating visions of saving the planet as a noble deed. The future would be one of zero emissions and tempered population control.
The people are starting to awaken while their leaders are still sleepwalking into their own destruction. Klaus Schwab believes this is the Fourth Industrial Revolution of AI and technology. His 8 points for 2030 are all really about the end of the Financial Age of endless borrowing with no intention of paying it back. It takes curiosity for innovation, not dehumanizing authoritarianism. The very cornerstone of civilization is we come together because it is mutually beneficial to all. Once we enter the world of Marxist Socialism, those in power have used it to divide us into classes and proclaim they are saints. The powerful are always concerned about only our welfare, which justifies their exercise of brute force. The very purpose of civilization has ceased to exist, warning that cyclically, we must crash and burn until we remember once again what makes a civilization great.
It is true that Julius Caesar crossed the Rubicon on January 10, 49 BC (49.02) to purge the corruption in the Republic, but corruption resurfaced. Because he forgave his enemies, they conspired and assassinated him on the Ides of March 44 BC (44.20), just 4.82 years later (250.6 weeks, 62 months). That resulted in another civil war and then the defeat of Mark Antony and Cleopatra at the Battle of Actium in 31 BC. Octavian became emperor officially with the title Augustus on January 16, 27 BC (27.04). The Julian Claudian dynasty ended with the death of Nero on June 9, 68 AD (68.43), lasting 95.47 years. Thus, there is never a permanent new era. There are cycles to everything, and forming the EU was also not something that would endure for 1,000 years and more than the Julio-Claudian Dynasty of Rome.
So while fools really think this New World Order will unfold and the dreams of Schwab will be realized, this idea of perpetual borrowing and kicking the can down the road has already come to an end. This is what Schwab is really saying – you will own nothing and be happy. That is foretelling the end of debt-supported government. They are moving on to the Modern Monetary Theory — print what you need when you need it. However, the sudden rise in inflation currently has caused some to question even this new MMT theory.
So as the West thinks it can wage conventional war and defeat Russia to bring it under the new authoritarian control of the United Nations, they are well aware that Ukraine is the MOST corrupt government in the world. Already, weapons handed to them are being stolen and sold on the black market, as took place in Afghanistan. Instead of people cruising around for five-week holidays, the price of gas is at $10 a gallon in Europe. With the increasing threat of war, the future is anything from comfortable. Europe is awakening to realize that guns and soldiers are once again back in demand. The vast industrial production of Germany that sold its products to consumers is staring at its demise, battling with two foes — climate change and war. Germany can no longer rely upon the industriousness of its people as its leaders try to paint a fairytale version of the future.
We warned at the Europe Conference that those who believed that this New World Order would actually unfold were fools. The consolidation of the world under the authority of the United Nations will never succeed. Unfortunately, a lot of people will die trying to bring this dream to fruition as they did the last time Marxism was attempted.
Posted originally on the conservative tree house on July 26, 2022 | Sundance
Do they want a civil war?
It might sound good around the DC cocktail party circuit, whipped into a frenzy by the Lawfare crowd, but the outcome would not be in their interests.
Given the severity of manipulative politics and DC based media in the past several years, I would not take the Washington Post article at face value.
WaPo represents the interests of the Intelligence Community side of the deep state apparatus.
Everything the WaPo creatures write is part of an advanced and coordinated DC engineering effort that has multiple motives; the face value of the one they present is never the real agenda.
We all know why they want Donald Trump removed as a threat to their echo-chambered system of corruption and governmental graft. The entire DC system, including the Stasi DOJ and FBI state police, is based on financial influence, power, greed and corrupt sales of offices. Donald Trump always represented a disruption to their scheming and conniving systems. That motivating truth has never changed.
According to the Washington Post, the DOJ is now putting witnesses in front of a grand jury to solicit evidence to support a “seditious conspiracy” charge against President Trump for attempting to overthrow the United States government and Joe Biden.
WaPo – […] There are two principal tracks of the investigation that could ultimately lead to additional scrutiny of Trump, two people familiar with the situation said, also speaking on the condition of anonymity to discuss an ongoing investigation.
The first centers on seditious conspiracy and conspiracy to obstruct a government proceeding, the type of charges already filed against individuals who stormed the Capitol on Jan. 6 and on two leaders of far-right groups, Stewart Rhodes and Henry “Enrique” Tarrio, who did not breach the Capitol but were allegedly involved in planning the day’s events.
The second involves potential fraud associated with the false-electors scheme or with pressure Trump and his allies allegedly put on the Justice Department and others to falsely claim that the election was rigged and votes were fraudulently cast.
Recent subpoenas obtained by The Post show that two Arizona state legislators were ordered to turn over communications with “any member, employee, or agent of Donald J. Trump or any organization advocating in favor of the 2020 re-election of Donald J. Trump, including ‘Donald J. Trump for President, Inc.’ ”
No former president has ever been charged with a crime in the country’s history. In cases when investigators found evidence suggesting a president engaged in criminal conduct, as with Richard M. Nixon and Bill Clinton, investigators and successive administrations concluded it was better to grant immunity or forgo prosecution. One goal was to avoid appearing to use government power to punish political enemies and assure the tradition of a peaceful transfer of power. (read more)
One big note of caution on this entire ridiculous narrative… especially as it pertains to the media construct…. Please, keep in mind that Democrats are getting crushed right now by their own constituents. Democrat politicians are deflated and disillusioned as the people are not happy with the current state of the economy or society overall.
Democrats have been reduced to a small section of the most extreme-leftists and blue-haired suburban leftist women riddled with guilt. That’s the base now. Everyone else is demoralized and deflated. Morale in democrat circles is terrible.
With that in mind, this type of narrative engineering by the political media can also be looked at as an effort to boost morale. Not much more.
Personally, despite knowing how over-the-top totalitarian these DC people have become, I do not see them wanting armed conflict with more than half of the country. An attempt to criminally convict President Trump would be the first shot in a civil war. It would not, and will not, end well.
Posted originally on the conservative tree house on July 26, 2022 | Sundance
Just in case you were unaware Ms. Harris wants you to be aware:
“Good afternoon. I want to welcome these leaders for coming in to have this very important discussion about some of the most pressing issues of our time. I am Kamala Harris. My pronouns are “she” and “her.” I am a woman sitting at the table wearing a blue suit.”
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The cultural Marxists are working overtime to make people believe this is now the acceptable social norm. It’s not, it’s just plain weird and goofy.
[Transcript] …”I’ve asked these leaders to come in so that we can discuss these issues and pay attention to the fact that the Dobbs decision and the act of the United States Supreme Court to take away a constitutional right, that had been recognized, from the people of America will impact a lot of people and differently in some situations. And we need to be responsive to these issues and also lift up the voices of all people who will be impacted and the way that they will be impacted. So that’s why we are convened today. And I will add a couple of points of the impact in terms of the direct impact that we anticipate there will be from the Dobbs decision”…
On August 1, the European Commission will begin to reduce its demand for gas with no alternative in place. Unsurprisingly, our computer states that a Panic Cycle will begin in August or September and go into Q1 of 2023. Europe must reduce its gas consumption by 15% (45 billion cubic meters). In comparison, Russia delivered 150 billion cubic meters to the EU last year. Russia’s largest gas provider, Gazprom, has threatened to cut off Europe from gas entirely. Europe has no alternative solutions at this time. Therefore, they’re implementing a “Save Gas for a Safe Winter” plan in Brussels.
Commission chief Ursula von der Leyen claims that all member states will suffer from their proxy war with Russia, albeit some more than others (e.g., Germany). “It’s important that all member states contribute in the saving, the storing and are ready to share gas,” she said. Let us see how friendly this bloc really is when it comes to sharing an essential resource in limited supply.
Member states are now required to submit energy plans to the Commission by the end of September and update plans every two months until March 2023. There is proposed legislation that would allow the Commission the authority to declare a “Union alert” and impose mandator gas caps on member states.
The bloc plans to fill its gas storage capacities to 80% by November, but that may be a lofty goal. European Commissioner for Energy Kadri Simson expressed pessimism in interviews. “We risk ending this winter with empty storage, which will be impossible to refill in time for the next heating season,” she warned, as this crisis is only beginning. Simson and others are calling on the public sector to reduce demand.
This will fall back to the citizens, who will be asked to limit their consumption and abandon comforts for a proxy war they never voted on. Frans Timmermans, the Executive Vice-President of the Commission in charge of the European Green Deal, has already suggested people switch off lights and electrical appliances and reduce AC/heater usage. No one will stop these politicians from flying around on their jets, surrounded by bodyguards in numerous SUVs, while they make the people suffer for their poor policies.
Governments have a way with words. Namely, they can change the definition of a word at the stroke of a pen. The definition of “vaccine” changed under the CDC’s guidance from “a product that stimulates a person’s immune system to produce immunity to a specific disease, protecting the person from that disease” to “a preparation that is used to stimulate the body’s immune response against diseases.” This permitted the COVID experimental injection to be called a “vaccine.”
According to some on the top US court, only a specialized biologist can define the term “woman.” “Mothers” has changed to “birthing people,” and words seem to have lost all meaning.
Now, the White House is changing its definition of “recession.” A recession was typically categorized as two consecutive quarters of GDP contraction, albeit not the best measure. Still, this was the tried and true formula for the government to determine the health of the overall economy. The White House now says that data from every facet of the US economy must be considered and foreshadows what to expect for Q2. The White House will not admit that the US is in a recession under Joe Biden. They will downplay the next GDP reading for Q2 and cite their newly formed definition for a “recession.”
Posted originally on the conservative tree house on July 26, 2022 | Sundance
It is only one U.S. company; however, the makers of Weber Grills and products released their sales data, and the background shows a severe economic contraction that has resulted in their operating loss of $51 million in the quarter that ended March 31, 2022. NOTE THE DATE.
July 25 (Reuters) – Weber Inc (WEBR.N) on Monday replaced top boss Chris Scherzinger with an insider and warned that mounting inflationary and supply chain pressures could hit the grill maker’s financials and workforce, sending its shares down 20% in premarket trading.
The company withdrew its fiscal 2022 net sales and core earnings forecasts, saying higher consumer prices and geopolitical uncertainty were squeezing store traffic as well as margins.
Weber, which also suspended its quarterly cash dividend, said it was pursuing a number of initiatives, which may include job cuts, reducing expenses and tightening its inventory levels.
The company also forecast a net loss for the quarter ending June 30, citing weak store traffic and higher discounting. In the quarter ended March 31, Weber’s net sales decreased 7% and net loss came in at $51 million compared with a net income last year. (read more)
Weber is a good company with strong fundamental products. Unfortunately, the layoffs that are likely to soon surface are not going to be isolated to Weber. The contraction of economic activity is going to start surfacing in the balance sheets of multiple companies this quarter.
We can expect to see a bloodbath of employment layoffs in this quarter (July, Aug, Sept) at the same time as the federal reserve continues to raise interest rates to support the new energy “transition.”
As noted in Weber’s financials, the consumer contraction started escalating more than six months ago. Companies can only hide a severe drop in income for a short period, and then eventually cost-cutting decisions must be made.
Posted originally on the conservative tree house on July 26, 2022 | Sundance
The non-democratic, socialist and totalitarian Ukraine government of President Volodymyr Zelenskyy has created a blacklist of western voices that are considered “Russian propagandists” for their criticism of the Ukraine-Russia conflict. [Details Here]
The overwhelming commonality of the people on the list is their advocacy for citizens of nations who are providing support for Ukraine to have a democratic voice on the issue. The Zelenskyy government has stated it will not permit any criticism of their country and demands that all western nations continue to send billions of dollars to provide an appropriate lifestyle for all Ukrainian government officials.
Currently the burden of financing the continuation of the Ukraine government has fallen upon U.S. taxpayers who have provided approximately $60 billion so far for the pay and pension benefits of Ukraine officials and their families. President Zelenskyy says we have a moral obligation to continue this funding, and any voice who would question the process is now blacklisted within Ukraine and labeled a Russian propagandist.
Tucker Carlson discussed the issue with two of the people targeted by Zelenskyy, former Congresswoman Tulsi Gabbard and journalist Glenn Greenwald. WATCH:
Posted originally on the conservative tree house on July 25, 2022 | Sundance
Senator Elizabeth “Fauxcahontus” Warren writes an op ed today [SEE HERE] that is fraught with a level of ideological pretending almost off the charts.
Essentially Liawatha is big mad because Federal Reserve Chairman Jerome Powell is raising interest rates into a contracting economy.
The duplicitous senator accurately notes what the fed chairman is doing is only going to deepen the recession and hurt main street worse.
American workers are going to suffer, and the middle-class is going to bear the majority of the pain inflicted by the Biden administration policy.
All of that is true, but Fauxcahontus is not stupid. Instead, she attempts to distance herself with forked tongue while knowing the monetary policy is specifically designed to support the energy policy she demands.
A recession lowers energy use, and as a result lowers energy costs. Pushing the U.S. economy deeper into a recession in order to support the Green New Deal “economic transition” is exactly the intent of the rate hikes. Liawatha knows this but does not want to be stuck on the USS Biden when it sinks.
“Rising costs are an urgent problem, and interest rates play a key role in maintaining price stability. But urgency is no excuse for doubling down on a dangerous treatment. As with any illness, the right medicine starts with the right diagnosis. Unfortunately, the Fed has seized on aggressive rate hikes—a big dose of the only medicine at its disposal—even though they are largely ineffective against many of the underlying causes of this inflationary spike.” (read more)
Senator Elizabeth Warren is the worst kind of liar. She is a liar that convinces her followers of her virtue through forked tongue. Turn over the Senator Elizabeth Warren UniParty medallion and on the opposite side you will find the image of Senator Ted Cruz.
Posted originally on the conservative tree house on July 25, 2022 | Sundance
The professionally republican party members, led by Ronna McDaniel Inc, are not happy with the grassroots MAGA voters who are not filling their party campaign coffers at the anticipated rate.
If the donors of the grassroot MAGA base continue to withhold financial contributions, mostly due to a lack of club alignment with the priorities of the voting base and the right wing of the DC UniParty refusing to act for our interests, the professional republican club business may suffer. The tenured board members of the club are not happy. Not happy at all. [Washington Examiner Article]
Keep in mind, the only two times in the modern Republican club era when grassroots funds exceeded the corporate Wall Street donor class, was in 2010 with the rise of the Tea Party and then again in 2016 with MAGA and Donald Trump.
Small dollar donations (under $250) within the GOPe club were never a part of the established republican club priority, until they saw what can happen when the grassroots mobilize. It was the scale of donations from the Tea Party base (monster vote) and MAGA base (monster vote) that stunned former RNC Chairman Reince Priebus in 2016. Mr. Priebus temporarily convinced the GOPe Club owners (board members) to tamp down their open hostility and verbal disparagement against the base.
The professionally republican club members, including Ronna McDaniel Inc, despise the vulgarian deplorables with a condescending intensity that drips from their pursed lips as they sip white wine spritzers from their crystal goblets at cocktail parties. It’s a similar dynamic of hatred on the DNC club side of politics toward the Bernie Sanders vulgarians; although Obama Inc (Plouffe, Axelrod, et al) taught the Pelosi crew to hide it better.
WASHINGTON DC – […] “We do these massive 3,000-person surveys to our donor file,” Moffatt explained. “The verbatim [responses have been:] It’s gas or this donation; it’s vacation with our children or this donation.” Republican insiders interviewed for this story were more guarded when discussing the Trump factor in the second-quarter fundraising downturn experienced by so many GOP candidates and groups, fearing reprisals by the former president. Granted anonymity, they unloaded.
Republicans are critical of Trump’s fundraising tactics and the money he has taken off the table for Republican candidates and groups to raise and spend. Save America, Trump’s PAC, issues dozens of email appeals daily and raked in $103.7 million this cycle. If the former president were sharing the wealth, perhaps Republicans would be less resentful. But Trump appears to be hoarding cash, $103.1 million through June 30, for a 2024 presidential bid. (read more)
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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
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