Biden Calls Russia Military Operation in Ukraine “Genocide”, Commits Additional $800 Million in Weapons Today

Posted originally on the conservative tree house on April 13, 2022 | Sundance

Yesterday in Iowa, Joe Biden called the Russian military operation in Ukraine a “genocide,” which has a very specific set of legal definitions to it.

When asked if he had seen enough evidence to support that statement Biden responded:

“Yes, I called it genocide.  It has become clearer and clearer that Putin is just trying to wipe out the idea of even being — being able to be Ukrainian.  And the amount — the evidence is mounting.  It’s different than it was last week.  The — more evidence is coming out of the — literally, the horrible things that the Russians have done in Ukraine.  And we’re going to only learn more and more about the devastation. And we’ll let the lawyers decide internationally whether or not it qualifies, but it sure seems that way to me.”  (link)

Several ground reports from European journalists indicate the U.S. military is running all of the combat operations inside Ukraine. A French reporter said on Euro News, “I thought I was with the international brigades, and instead I was facing the Pentagon.”  Now today, Joe Biden announces he is arbitrarily sending U.S. combat helicopters into the conflict.

[Tweet Link]

(WHITE HOUSE) – I just spoke with President Zelenskyy and shared with him that my Administration is authorizing an additional $800 million in weapons, ammunition, and other security assistance to Ukraine.

The Ukrainian military has used the weapons we are providing to devastating effect. As Russia prepares to intensify its attack in the Donbas region, the United States will continue to provide Ukraine with the capabilities to defend itself.

This new package of assistance will contain many of the highly effective weapons systems we have already provided and new capabilities tailored to the wider assault we expect Russia to launch in eastern Ukraine. These new capabilities include artillery systems, artillery rounds, and armored personnel carriers. I have also approved the transfer of additional helicopters. In addition, we continue to facilitate the transfer of significant capabilities from our Allies and partners around the world. 
The steady supply of weapons the United States and its Allies and partners have provided to Ukraine has been critical in sustaining its fight against the Russian invasion. It has helped ensure that Putin failed in his initial war aims to conquer and control Ukraine. We cannot rest now. As I assured President Zelenskyy, the American people will continue to stand with the brave Ukrainian people in their fight for freedom. (link)

White House spokesperson Jen Psaki was asked about this escalation earlier today:


The Biden administration is all-in for this Ukraine proxy war, taking all actions to highlight a zero-sum position.

Climate Change the Tool of Control

Armstrong Economics Blog/Uncategorized Re-Posted Apr 10, 2022 by Martin Armstrong

QUESTION: Dear Martin,
After reading many of your blog posts, there appears to be one question you might not have answered. Do the elitists who are trying to control the world truly believe climate change cycles are not natural, but instead are caused by humans? It would seem that any climate theory that doesn’t explain the coming and going of ice ages which our history books told us happened, is an incomplete theory.


ANSWER: I think anyone with 10% of a brain can’t believe this climate change is caused by CO2. The climate has always changed and they use data that starts only in 1850 to argue this is all fossil fuels. CO2 is also generated by burning wood and the pollution from diesel and wood is the type that you feel. I lived in London during the 1980s and the buses were all diesel. You had to hold your breath when walking by.

The first clean air act was passed in 535AD by Emperor Justinian I who proclaimed the importance of clean air as a birthright. “By the law of nature these things are common to mankind—the air, running water, the sea.”


People are easily manipulated and those with a fully functioning brain are horrified by the stupidity of people who were told to hate Trump who now refuses to admit that Biden is a disaster because they would be compelled to acknowledge their own malleability to those who still wear masks even driving alone and rushed out to get every vaccine and booster possible. Now they are all about freedom, democracy, and anti-Russia so just kill them all because that is again what they are told.

I do not think that world leaders are that stupid. They are using this climate change for their own agenda. Even Obama and Bull Gates both bought houses on the beach and Obama has now bought a private island in the Caribbean. Hm. So much for their belief in rising sea levels and civilization.

This is all about control – we, the great unwashed. There is absolutely no way the world will end because of CO2 in 7 years. That is absolute nonsense to create fear and obedience. The climate has always changed – it is NEVER the same. Civilization expands during warming periods and it collapses during cold periods. France has had the coldest April since 1947. Yet Macron vows to “get France out of oil, gas, and coal” while Paris is freezing and needs heat. I woke up this morning to 50 degrees here in Florida. Obviously, we have way too many climate change zealots coming to Florida holding Séances for global cooling to save the planet.

Maybe Gates is correct – we just need to thin the herd of all stupidity before we can get our human rights back.

Pentagon Cannot Confirm Bucha Atrocity

Armstrong Economics on Blog/Ukraine Re-Posted Apr 10, 2022 by Martin Armstrong

QUESTION: So you think Russia did not do that in Bucha?


ANSWER: It is to the advantage of Zelensky who is appearing before every parliament he can ask for money. The US Pentagon has come out and even said that they CAN NOT independently verify what took place in Bucha. There is no way to verify anything in Bucha and there are videos that show people laying in the street pretending to be dead with no blood and then there are videos showing they get up when the camera passes.

If you want your family or someone else to rush over there and kill Russians to avenge Ukraine, you should go there and fight yourself. Don’t send others there to die for propaganda. Don’t worry. Congress just authorize handing all the weapons on the Christmas list of Zelensky so we will get your war that you so are eager to engulf the entire world. If you really think Ukraine can defeat Russia, please, volunteer for the vanguard.

know, Ukraine and you better count your fingers when shaking hands. The government there is texting me asking for money. There is ABSOLUTELY zero confirmation that ANY money being sent to Ukraine gets to the people and not the pockets of one of the most corrupt governments in the world. Only a fool will send money to Ukraine based on all of these solicitations. The ONLY people to send money to are the International Red Cross or Crescent.

There has been NOT a single war that ever began that was based on truth. Every war was sold with propaganda.

War Against Conservatives

Armstrong Economics Blog/Press Re-Posted Jan 10, 2021 by Martin Armstrong

People are leaving Facebook, Instagram, Twitter, and were moving to Parlar. Google and Apple removed the Parlar APP and then Amazon kicked then off of AWS. This is a complete purge going on of all conservatives. We are in the midst of nothing short of a real live Russian version of a revolution. Cheer up – you get to see what it was like to live history in a major confrontation between left and right. But make no mistake about it, the super-rich remains in power just behind the curtain. They own the press and social media while they use the virus to prevent people from gathering or organizing. It is their way or no way. Their motto: Resistance is Futile!

The SciFi Verison of Communism

Is Biden also a War Criminal Bringing Civilization to a Complete Collapse?

Armstrong Economics Blog/Ukraine Re-Posted Apr 6, 2022 by Martin Armstrong

Biden has declared that “major war crimes” are now being discovered in Ukraine as Russian forces retreat from areas around Kyiv. In a total propaganda move where he just takes whatever Zelensky says at face value who is a puppet intended to create World War III because the ability of government to continue to function under Keynesian Economics is coming to an end. On top of that, Biden is desperate to change the focus from his own corruption and that of Hunter Biden hoping to change the topic. Biden is denying any independent investigation just taking the word of Zelensky who has done NOTHING but tried to create war with Russia refusing to comply with the 1991 Belgrade Agreement of Neutrality and the Minsk Agreement which was to allow the Donbas to vote on their own independence.

Biden has set in motion World War III calling Putin a war criminal which by the same standards would have applied to every president during times of war. The US has refused to address all the claims of war crimes in Afghanistan, Iraq, Syria, Lybia, etc. The US admitted to killing civilians in Kabul in a drone attack. Who is responsible for that war crime? Under Biden’s definition, he himself is also a war criminal for Kabul. That too was a brutal, cold-blooded execution-style but the US is exempt from being tried in the ICC for the US refuses to be judged for war crimes in the Netherlands.

Biden’s rationale for ratcheting up US sanctions on Moscow now targeting Putin’s daughters is outrageous. Biden said: “Responsible nations have to come together to hold these perpetrators accountable.” Biden has further increased sanctions targeting Putin’s two adult daughters. Why are they responsible for this?

Biden has DESTROYED the world economy and abused the SWIFT system that has shown it is now not independent but just a political tool. China would be absolutely braindead at this point if it did NOT set up its alternative to SWIFT. More and more countries are starting to side with Russia. Even India has seen its action of Biden as totally reckless. Biden’s constant expanding sanctions have cut off Russia entirely just as FDR did to Japan. If history repeats, I would NOT live in Washington, LA, Chicago, or New York. They can be taken out with supersonic nukes and there is nothing Biden can do to stop it. He needs to be removed from the office. Every administration has sought world peace. Biden seeks ONLY war.

There will NEVER be a return to NORMAL and only a madman would act like Biden deliberately destroying international relations that took decades to establish. You will not cause Putin to recoil, and any regime change will only lead to people behind Putin who are FAR more Neocon than Putin.

Rome lasted for 1,000 years, but it collapsed in just 8.6 years. History is repeating. Biden has been FAR WORSE than anything I personally would have speculated. The forecasts come from Socrates, not me personally. There is NO human being who would have postulated that ANY world leader would be this outrageous. Indeed, 8.6-years from the time Biden took office will be 2029.65 (August 25th, 2029).  Just as our models are warning that the French Fifth Republic will come to an end by 2030, the same is true for most Republics that will include the United States.

Joint Chiefs Chairman, General Mark Milley, Sees Ukraine as a Long-Term Protracted Battle

Posted originally on the conservative tree house on April 5, 2022 | Sundance

April 5, 2022 | Sundance | 152 Comments

In the lead-in to the Russian invasion of Ukraine, all of the U.S. involvement in the country was operated by bureaucrats and politicians from the U.S. State Dept, CIA, Intelligence Community and Senate.  The Pentagon played a far lesser supportive role.

As a consequence of that previous investment, the current U.S response to the Russian “special military operation” has been spearheaded by the same DoS officials, intelligence agencies and politicians.  The Ukraine engagement is a political operation using NATO and western allies.   As we saw in the Afghanistan withdrawal, the Pentagon is a tool for the politics.

The division between the two interests (Pentagon vs State Dept) surfaces most quickly and easily when things SNAFU, and the blame casting begins. That’s when the division becomes noticeable to the public.  The important point to remember is this… despite the involvement of NATO in the current Ukraine response, it is not the Pentagon calling the shots, it’s the state dept.

Earlier today, Army Gen. Mark Milley, Chairman of the Joint Chiefs of Staff, told the House Armed Services Committee “[Ukraine] is a very protracted conflict.”  Milley anticipates many months, if not years, of combat fighting inside Ukraine as Putin carves out the eastern side of the country permanently.

According to Milley, “I think it’s at least measured in years… this is a very extended conflict that Russia has initiated. I think NATO, the U.S., Ukraine and all of the allies and partners supporting Ukraine are going to be involved in this for quite some time,” he said.  The nature of Milley’s remarks outlines what will likely become an insurgency/proxy war funded by the United States for years against Russia.

As much as JC Milley is a political figure, Milley is operating his role under the assumption and direction of what the State Dept is creating.  As a consequence of that long-term conflict prediction, the Pentagon is recommending several new rotating military bases for U.S. troops in eastern Europe.

It is also critical to recognize what is not being said by those same DoS and U.S. intelligence officials.  The absence is deafening. What is not being advanced is any discussion of a diplomatic resolution or negotiated settlement.  Milley’s defense request is predicated on a position that no diplomatic solution will be advanced.  This is a key part of both General Milley and Defense Secretary Lloyd Austin’s testimony.

Ukraine cannot fight without the United States sending money and weapons.  Combine that with Austin and Milley’s statements about Ukraine, and what you quickly see, albeit undiscussed in media, is that a long-term war is baked into this cake.  The United States will not allow Ukraine President Volodymyr Zelenskyy to enter negotiations with Vladimir Putin.

When we review western media statements about Putin not willing to enter “peace talks” with Zelenskyy, keep the testimony from Milley and Austin at the forefront of your mind.

Why would Putin enter any negotiations with Zelenskyy, knowing the U.S. position is to carry out a long-term insurgency war in Ukraine against Russian military forces?   What would be the purpose of Putin talking with Zelenskyy when the U.S. is openly saying the Ukraine military will be used by the State Dept. to maintain a conflict against Russian forces?

Russian President Putin knows the only group he could negotiate with are in the United States.   However, that truth would expose the puppet strings, so the United States government must play the pretend game.

The position of Volodymyr Zelenskyy as a puppet to the U.S. State Dept and Intelligence Community interests, is inherent in the Pentagon position.  If Zelenskyy was free to make decisions, Austin and Milley could not be so assured as to put a timeline on the Ukraine conflict.

This context becomes increasingly important as we look at how the media are positioning all resources to support a protracted war.  Anyone who is not 100% pro war in Ukraine, for whatever length of time the DoS/IC determine is needed, is immediately cast as a Putin apologist.

This war emanated from the bowels of politics via U.S. political influence in Ukraine to the extreme.  This level of U.S. involvement in Ukraine ultimately triggered Putin to say enough, and he started the “special military operation.”   In many ways the operation is not so much against Ukraine – but more against the U.S. involvement in supporting Ukraine against Russia.

Because it started from political origins, the Ukraine conflict will continue to be run from the nerve center of U.S. politics, the U.S. State Dept, the U.S. Senate, and CIA operations.  The actual Pentagon involvement will be transport and logistics for State Dept military operations.

Do you remember when the DoS Benghazi mission was attacked, and the Pentagon had no idea there was even a U.S. operational mission taking place in eastern Libya?  That same “Operation Zero Footprint” disconnect is what I am describing above.  It’s likely the Pentagon has very little idea what the State Department and CIA are doing in Ukraine right now.

This context is also why the propaganda around Ukraine in the United States has been so critical and important.  We will see this level of propaganda continue so long as it is the DoS/CIA running the western response to the war.

What makes this conflict a little more interesting, is the need for the U.S. to control the information.  We have seen the initial first phases of their control with Big Tech saying they will not permit anything that does not follow the official U.S. government narrative on social media.

Additionally, the State Department launching their own cyber-control division is an extension of this same intent.  They are planning for the long-term usefulness of Ukraine as a proxy battle against Russia.


Websites like CTH, who talk honestly about the background of what is happening in Ukraine, may eventually need to start using coded language in order to share information.  There are trillions at stake, and the people who control the events are not going to permit too much exposure.

Bucha – the False Flag to Cross the Rubicon

Armstrong Economics Blog/Ukraine Re-Posted Apr 5, 2022 by Martin Armstrong

We are crossing the Rubicon but this time it is not to free society from a corrupt Senate, it is the Corrupt Senate determined to create a New World Order by destroying everything familiar about the society we now know. As always, it is difficult to separate truth from sheer hatred that has engulfed the world thanks to Zelensky and our insane President Biden. The DOUBLE STANDARDS are so in-your-face corrupt that it is hard to ignore comparing Vietnam & Ukraine.

A suburban avenue in Bucha became one of the first graveyards in Russia’s attempt to encircle Kyiv in the face of Zelensky’s refusal to negotiate in good faith. The Russian tanks and armored personnel carriers moved through the town of Bucha on their way to the city of Kyiv. The convoy was destroyed in one of the first of many Ukrainian ambushes that stopped the Russian advance. While Zelensky points to civilian casualties, he takes no responsibility for arming civilians and telling them to first professional Russian soldiers.

Biden on Monday called for a war crimes trial against Putin following reports of the mass killing of Ukraine civilians by Russian troops in a suburb of Kyiv. Of course, there is no proof that this is just not another false flag by Zelensky who is determined to destroy the world for make no mistake – this is the end result.

Biden yelled: “He‘s a war criminal,” when asked about the reports of Ukraine civilians being slaughtered allegedly by Russian troops in Bucha, which sits northwest of Kyiv, the Ukraine capital. Biden added: “This guy is brutal and what’s happening in Bucha is outrageous and everyone’s seen it.” Biden WANTS TO TAKE THE WORLD INTO WAR WHERE MILLIONS WILL DIE. He is pushing for war, never peace, with every breath he takes. “I think it’s a war crime,” Biden said. “He should be held accountable.”

“You may remember, I got criticized last month for calling Putin a war criminal,” Mr. Biden said. “Well, the truth of the matter is you saw what happened in Bucha. This warrants him — he is a war criminal.”

Calling Putin a war criminal is outrageous. The same standard could have been applied then to President Johnson simply be he too authorized the Vietnam War of fake news. The Mỹ Lai massacre was the mass murder of unarmed South Vietnamese civilians by United States troops in Sơn Tịnh District, South Vietnam, on March 16th, 1968 during the Vietnam War. They were UNARMED and were not ambushing Americans. Between 347 and 504 unarmed people were killed by U.S. Army soldiers.

The difference there was that the Mỹ Lai massacre victims included men, women, children, and infants. Some of the women were gang-raped and their bodies mutilated, as were female girls as young as 12. Twenty-six soldiers were charged with criminal offenses, but only Lieutenant William Calley Jr., a platoon leader in C Company, was convicted. Found guilty of murdering 22 villagers, he was originally given a life sentence but served three-and-a-half years under house arrest never went to prison, and had his sentence then commuted.

Biden wants now the US to invade Russia, capture Putin, and put him on trial in International Criminal Court which the US refuses to join so no American can ever be tried for a war crime. The list is endless for all the war crimes by the United States in Afghanistan. Iraq, Lybia, Syria, and Pakistan, but the US will NEVER allow any American to be tried for a war crime. The American press will not tell the truth about how the US exempts itself from war crime allegations and trials. This has added to the image of the United States is seen as arrogant and hypocritical.

Biden’s demands to try Putin as a war criminal is now the final straw. This means there will be NO World Peace. Biden is out to commit American genocide to commit American troops brainwashing them that they are fighting for some noble cause. This is all about destroying our world so he and Klaus can BUILD BACK BETTER and achieve their New World Order. You cannot BUILD BACK BETTER until you destroy everything first.

Was Bucha a FALSE FLAG EVENT? There is little doubt that we will NEVER know the truth because Zelensky and Biden have guaranteed that this will be the battle cry to destroy the world. It is very convenient – too convenient if you ask me. The talk behind the curtain is that Biden will require a digital ID when he implements food rationing as part of our necessary war against Putin.

Zelensky’s hatred has now set the world on its course. I warned that he would be the man to create World War III. Our computer targeted Ukraine as the spot where it would begin back in 2013. I wish these things were just my opinion for there would be a 50/50 chance I am wrong. We have crossed the Rubicon – the point of no return. Our models for the Decline and Fall of the United States we published back in 1985 was that it would begin cyclically with the 46th president. Hello – he is here!

Investigating Hunter Biden Records, Senator Grassley Says More Details Coming This Week

Posted originally on the conservative tree house on April 5, 2022 | Sundance

Senator Chuck Grassley from Iowa appeared on Fox News Monday morning to discuss his investigation into the documents contained on Hunter Biden’s laptop.  Senator Grassley and Senator Ron Johnson (R-WI) are both collaborating on their investigation and revealing their findings in Senate speeches.  WATCH:

“Well, we just follow the money and the facts where they lead us, and we aren’t done with this yet. We’ll probably be making some more revelations yet this week in Senate speeches”…

During Victory Speech Hungarian Prime Minister Orban Warns Citizens of Western Alliance About Zelenskyy Role Advancing New World Order

Posted originally on the conservative tree house on April 4, 2022 | Sundance

The citizens of Hungary have again dealt a massive blow to the globalist movement, the new world order and the newly created autocracy of western leaders selling the “new democratic norm.”  As an example, the Associated Press [article here] spins the overwhelming reelection of Hungarian Prime Minister Viktor Orban as a major setback to the western alliance.

Within the statements reported from his victory speech, Orban also warned citizens of the NATO and western allied countries about the manipulation of Ukraine and how he views the Zelenskyy regime:

[…] “while speaking to supporters on Sunday, Orban singled out Zelenskyy as part of the “overwhelming force” that he said his party had struggled against in the election — “the left at home, the international left, the Brussels bureaucrats, the Soros empire with all its money, the international mainstream media, and in the end, even the Ukrainian president.” (link)

The subtle as a brick through a window implication, is a warning to citizens that all of the aforementioned institutions were in alignment to push a united agenda that erodes the best interests of sovereign nations.  This statement from Orban should serve as a warning to review the Ukranian propaganda that is being pushed by government interests.

Associated Press – […] “Orban — a fierce critic of immigration, LGBTQ rights and “EU bureaucrats” — has garnered the admiration of right-wing nationalists across Europe and North America.

Along with the parliamentary election, a referendum on LGBTQ issues was held on Sunday with questions pertaining to sex education programs in schools and the availability to children of information about sex reassignment. Participation failed to reach the 50% threshold to make it legally binding, with 20% of voters spoiling their ballots, part of an opposition initiative to sabotage the referendum which it decried as homophobic. Of the 44% of voters who cast valid votes, more than 92% voted with the government’s position

In a surprise performance, radical right-wing party Our Homeland Movement appeared to have garnered more than 6% of the vote, exceeding the 5% threshold needed to gain seats in parliament. (more)

The early spring election result in Hungary 2022 is being compared to the precursor Brexit vote in 2016.  Ultimately, Donald Trump won the 2016 U.S. election vote which followed the Brexit referendum; and now all of the current signals are that leftists could suffer a similar defeat in the fall of 2022 underlining a similar U.S. vote sentiment similar to what was just expressed by Hungarian voters.

In order to regain footing, Orban is being called an “autocrat” by the globalists.  It is not coincidental that Joe Biden and everyone in the Biden administration has been using the term “autocracy” to proactively define anyone who would challenge the new perspective of western democracy that comes following the COVID-19 experience.

No one was more autocratic in their governance than the western leaders who triggered shutdowns, mandates, forced business closures and ultimately mandatory vaccines and documents (vaccine passports) to prove our vaccine status.  None of those COVID-19 rules, regulations and mandates came from democratic authorization; all of them came from unilateral fiat and powers grabbed as a result of emergency declarations.

The unilateral power deployed during COVID-19 was the embodiment of western autocratic behavior.  This type of unilateral power is what lies behind the claimed “new democratic norms” as pushed by western leaders who do not want to return to the era where requesting permission and authorization from representative government was standard.

Collectively the western alliance destroyed the fabric of democracy during COVID-19.  Now they want to redefine democracy to retain the unilateral power they enjoyed during the emergency.   Many governments including the EU, Australia, Canada, New Zealand, and the United States are trying to create new legislative constructs which would continue and extend the power within the executive, prime minister or president.

Multinational corporations benefit from authoritarian regimes, because it makes corruption easier.  However, the result of the election in Hungary is a blow to wannabe dictators and rulers.  Watching the western media and authoritarian government leaders rail against Viktor Orban with accusations of autocratic leadership is a case study in projection and hypocrisy.

Sri Lanka Inflation and Food Crisis Results in Widespread Social Chaos

Posted originally on the conservative tree house on April 4, 2022 | Sundance 

I have stated for the past year ‘the absence of food will change things‘.   The inflation and food affordability crisis has now surfaced in Sri Lanka. Global media is paying attention, even sending out warnings about what this might represent for other nations.

Sri Lanka has a debt to GDP ratio of 120%, approximately the same as the United States.  However, Sri Lanka does not have the benefit of their currency being supported as the global trade currency; therefore, the debt and domestic inflation rate are directly tied together.

The rate of food inflation in March has exceeded 30%…. the absence of the public being able to afford food has now surfaced and the government is collapsing.  Read the news from Sri Lanka through the prism of what could happen in U.S. cities if we lose the dollar as the global trade currency.

(Via Reuters) – Reuters Breakingviews) – Sri Lanka’s collapse is front of mind for many. Protesters fed up with crippling shortages of essential food and fuel items are on the streets, prompting multiple members of Prime Minister Mahinda Rajapaksa’s cabinet to offer to resign late on Sunday.

Social unrest will probably accelerate a restructuring of some $44 billion of international sovereign debt. Though Sri Lanka’s problems follow years of mismanagement, its speedy unravelling is a warning to sturdier economies from Europe to Asia suddenly grappling with a spike in the cost of living.

A current account crisis read more has intensified after the West fired its sanctions bazooka at Russia as punishment for its invasion of Ukraine. Rolling blackouts and a state of emergency are frightening away remaining tourists, a crucial source of foreign exchange. Food inflation hit an eye-watering 30.2% in March.

The currency’s 40% depreciation against the U.S. dollar in one month, including a central bank managed devaluation, is blowing out leverage ratios: Public debt estimated by the International Monetary Fund at 120% of GDP is perhaps some 40 percentage points more than might be deemed sustainable, guesses Citi.

[…] It’s a reminder of the political implications of high prices. Prior to Russia’s invasion of Ukraine, few Asian countries had consumer inflation in double digits. The standouts were Sri Lanka and Pakistan, whose Prime Minister Imran Khan on Sunday dodged a no-confidence vote and called fresh elections. Poorer countries are more vulnerable to surging global food prices because their populations spend more on food than discretionary items. (read more)

Food inflation in Sri Lanka reached 30%…. things start immediately collapsing.

Consider the recent projected rate of food inflation in the United States (wave 2, this summer):