Steve Mnuchin is Not Pretending, States U.S. Economy is Already in Recession


Posted originally on the conservative tree house on October 26, 2022 | Sundance

A lot of people didn’t like Steven Mnuchin as Treasury Secretary, I did.  Secretary Mnuchin was an inside player, a billionaire himself, who worked for the outside team.  He already had a full bank account and carried ‘f**k-off’ money.   That, combined with Wilbur Ross having the same ability, was exactly what we needed to execute the America-First MAGAnomic resurgence.

The U.S. middle-class saw and felt the benefits.  Economic security is national security, at a nationwide and even individual level.  Mnuchin, Ross and Lighthizer constructed that economic outcome guided by the larger strategy of President Donald J Trump.

RIYADH, Oct 26 (Reuters) – Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a recession and said this would continue.

Speaking at Riyadh’s flagship investment conference FII, he said: “I think we’ll probably see a peak of 4.5% 10-year rates.”

“I think you are going to see inflation in the U.S. begin to come under control, it will probably be a two-year period,” he added.

He said the U.S. and China must learn to co-exist. He added that the Middle East’s economic issues need to be dealt with regionally. (link)

Nigel Farage Gives His Perspective on New U.K Prime Minister Rishi Sunak


Posted originally on the conservative tree house on October 24, 2022 | Sundance 

As expected, the poster boy for the World Economic Forum’s climate change agenda, Rishi Sunak, has been selected and installed by the British Conservative Party to be the U.K Prime Minister.

Earlier today, U.K. Brexit leader Nigel Farage gave his opinion.  WATCH:

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Iranians Fighting with Russians – This is Not a Test


Armstrong Economics Blog/War Re-Posted Oct 24, 2022 by Martin Armstrong

Reports first circulated that Iranian soldiers were training Russians to operate drones after numerous reports of technical failures. Both Tehran and Moscow denied the allegations, but the writing was on the wall. Now, there are reports of at least ten Iranians dying from Ukrainian air strikes.

Some ask whether it would be safer for Russian soldiers to train in Iran, but they’re missing the point. The “training” is no different than fighting alongside Russian troops. Over 20 Iranian instructors have been spotted in Crimea and Kherson Oblast.

“The Russians took Iranian instructors to the territory of the temporarily occupied Kherson Region and Crimea to launch Shahed-136 kamikaze drones,” the Ukrainian Nation Resistance Center claimed. “They teach the Russians how to use kamikaze drones, and directly monitor the launch of drones on Ukrainian civilian targets, including strikes on Mykolaiv and Odesa.”

This open door is an invitation for foreign troops to fight alongside Ukraine or Russia under the premise of training. It matters not who is holding the controls as the training is taking place in an active warzone. Ukraine is already asking foreign nations to begin “testing” their military defenses on their soil, pointed at the Russians. “Today hundreds of Iranian drones are undergoing ‘test runs’ on our land, killing civilians,” the Defense Ministry wrote on Twitter. “These drones were not intended for use against Ukraine. To have a strategic advantage over its enemy, Israel should conduct a ‘test run’ of its air defenses Ukraine is the best testing ground.”

Iran could turn around and declare this an act of war or use this as an excuse to fuel the flames. If someone from the West or an Asian ally were training Ukrainian forces in a warzone, their individual government would certainly escalate the situation if Russians killed their soldiers. Iranians are already on the ground fighting alongside Russians, paving the way for other nations to join the fighting on the frontlines.

Sweden Will Not Meet Agenda 2030


Armstrong Economics Blog/Climate Re-Posted Oct 24, 2022 by Martin Armstrong

New Prime Minister Ulf Kristersson is not heeding to the Green agenda. He promptly eliminated the entire Ministry of Climate and Environment, marking the first time in 35 years that Sweden does not have a specific climate ministry. People are crying that the world will crumble without funding bureaucrats who pretend they have the ability to alter the weather cycle with enough funding.

Klaus Schwab’s plans for Agenda 2030 are in jeopardy. “Environmental issues are going to be given a disadvantage at the same time when we have a huge challenge in Sweden when it comes to biodiversity and forestry,” stated Stockholm University professor Karin Bäckstrand. “We won’t meet the Agenda 2030 goals on biodiversity.”

Democratic leader Ebba Busch will serve as the new Minister for Energy, and 26-year-old Liberal Romina Pourmokhtari will serve as the Minister of Climate and Environment, The Nationalist Sweden Democrats do not support the goal of achieving net zero emissions.

Instead, the new government is prioritizing nuclear power initiatives that will make it increasingly difficult to shut down existing plants while using €36 billion to build new nuclear power stations. The new government is also considering reopening two nuclear power plants that discontinued operations in recent years. Yet another example of how Agenda 2030 and Schwab’s plan to alter the world will fail.

AOC Has Got to Go


Armstrong Blog/Politics Re-Posted Oct 21, 2022 by Martin Armstrong

Rep. Alexandria Ocasio-Cortez (AOC) is no longer the progressive sweetheart in the public eye. AOC’s willingness to thrust America into war has caused her supporters to see her as a hypocrite and a coward. “I believed in you, and you became the very thing you sought to fight against,” one member in a Bronx AOC town hall event yelled. “You ARE the establishment!”

Her entire platform is crumbling. She came into the political sphere as an “outsider” who would fight against the establishment, but she is another swamp member. This is the same woman who pretended to cry at the southern border and demand that the encampments be taken down, only for her to ask the migrants to leave New York. Barely anyone showed up to her town hall meeting, but those who did had choice words for her.

AOC has voted to supply Ukraine with weapons and training. Her supporters were under the false impression that a progressive Socialist would be against a nuclear Armageddon. “You voted to mobilize and send money to Ukrainian Nazis! You are a coward! Where are you against the war mobilization?” one citizen shouted.

Hecklers began shouting, “AOC HAS GOT TO GO!” Her true colors are finally showing. She was never anti-establishment and never intended to be a voice for Main Street. This comes on the heels of Pelosi being booed at a major concert in New York and Jill Biden facing heckling at a Philadelphia Eagles game. All these incidents occurred in blue states. Things are not looking good for the Democrats this November.