Category UN Security Council
Bidenomics, August 2022 Inflation Data Infographic
Posted originally on the conservative tree house on September 14, 2022 | Sundance
Someone had requested a simple to see infographic of the Bureau of Labor and Statistics August inflation data with monthly and yearly outcomes. I thought everyone might find this graphic as a good tool for sharing with your network. [Data Source Link]
Additionally, the BLS also released the producer price index today [DATA HERE]. The PPI for goods dropped slightly, as we expected, due to the August temporary decline in gasoline and diesel. However, the PPI for final demand services moved up 0.4 percent in August, the fourth consecutive rise.
We are now seeing service providers having to raise their prices to cover their increased costs. This could be trouble for employment in the long-term.
Liz Truss Becomes PM – Dark Day for Britain
Armstrong Economics Blog/BRITAIN Re-Posted Sep 5, 2022 by Martin Armstrong
Liz Truss has been made Prime Minister of Britain. This was expected, but also the darkest day possible for Britain. Previously, UK Defence Secretary Ben Wallace had backed Liz Truss’ view that Russian forces must be pushed out of “the whole of Ukraine” – and suggested this should include Crimea. Even the Guardian at the time had accused Liz Truss’ position was “recklessly inflaming Ukraine’s war to serve her own ambition.” Meanwhile, in Russia, this was playing out on TV endorsing World War III.
Everything that can possibly point to war is unfolding before our eyes. There are no peacemakers left in the world. Every leader appears to be pushing for war because the monetary system is cracking. Those who think that Russia starting its own gold market will eliminate the manipulations in London do not understand what is taking place. This is the dividing of the world economy that simply follows removing Russia from SWIFT and joining with China to make CIPS the leading global platform for international commerce. This is not about gold prices in Russia v London. This is about the end of GLOBALIZATION and the world economy so carefully constructed post-WWII.
The leaders in the West have been borrowing year after year with no intention of ever paying anything back The lowering of rates to negative in Europe in 2014 undermined the pension funds in Europe as they are effectively insolvent in most cases if they stuck to Euro debt. The Scandinavian funds are outside the Euro and while some struggled to pretend to be “green” they did their best to limit those losses.
When we look at British Politics, it appears that there will be a big shift in 2025. Look off to 2031. That is where the computer is picking up a Panic Cycle, which is corresponding to 2032. As I have warned, the risk of international war appears to be unfolding post-2024. And as far as that inflation goes, it looks like all the sanctions on Russia have backfired. Yet no Western politician will dare tell the truth. And they are now going after farmers? We are staring at serious civil unrest rising globally next year for these brain-dead WOKE politicians who are destroying our way of life.
British News Broadcaster ITV Creates Gameshow for Desperate Viewers to Win Chance to Have Energy Bills Paid
Posted originally on the conservative tree house on September 5, 2022
Yes, it’s like something out of a dystopian ‘hunger games’ movie, except it is unfortunately real life. ITV News in Great Britain is running a wheel-of-fortune type marketing campaign where desperate viewers can call in for an opportunity to spin the wheel and win having their energy bills paid.
Comrades, it is not a spoof, this actually took place today and it looks like it will continue due to popular demand. UK citizens are facing astronomical increases in energy bills as a result of the EU green climate change agenda in combination with Russia halting the export of natural gas. The price of natural gas increased 30% today alone as Russia cuts off supplies completely. Europe is on the brink of the worst economic recession in history.
ITV steps in with a promotional effort that shows just how bizarre this Build Back Better future has become. Perhaps next week viewers might be able to call in for a chance at winning extra food rations, chocolates or even gasoline. Here’s a video to show what is happening. WATCH:
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Good luck comrade citizens, you too could be a winner on the wheel of survival. It’s all in good fun comrade. Smiles everyone, smiles.
Our Plan is More OBVIOUS Than Ever! – News Update
Awaken With JP Published originally on Rumble on July 26, 2022
Klaus Schwab and the World Economic Forum are trying to block the sun? This and more news that should worry you in this week’s update!
Canada to Launch Digital Identity Program
Armstrong Economics Blog/Canada Re-Posted Aug 18, 2022 by Martin Armstrong
Trudeau is pushing forth the Great Reset at any cost. Canada will impose a federal “Digital Identity Program” to help the World Economic Forum develop a global ID system. Since the COVID passports failed, they are outright demanding that everyone carry proof of their digital identity.
Canada’s Digital Ambition 2022 report revealed the details of its plan:
“Now more than ever, we have work to do to make it easier for Canadians to interact with the Government of Canada, and we are committed to better serving Canadians in a digital age. This will require modern, integrated systems and an unwavering focus on the needs and experience of citizens. We have made progress, but we must continue to improve. During the pandemic, the government quickly deployed new and innovative programs to support Canadians, but we have also seen examples where we can do more to deliver secure, reliable, and easy to use digital services. Building on the vision outlined in Canada’s Digital Government Strategy, I am pleased to introduce the Government of Canada’s Digital Ambition (GC's Digital Ambition) which has been developed with this service imperative in mind… The GC's Digital Ambition will provide a solid foundation for the ever-evolving digital transformation of government. It will serve as an important tool to support the focus shared across ministers and departments to identify and implement better ways to ensure Canadians receive high quality, accessible, and efficient government services.”
We saw the power that digital IDs provided to governments. China was able to freeze bank accounts and prevent the freedom of movement by simply changing a QR code. As we saw in numerous countries with the COVID passport, people were unable to access public buildings and facilities. They were unable to leave their countries or provinces. Governments can effectively banish people from participating in society with digital IDs. This is simply one step away from actually microchipping the people as if we were owned by the government.
The Canadian government will be able to track every citizen’s movement. They will surely implement digital IDs into every facet of government, so the people will be required to carry their digital ID as if it were Nazi Germany. Freedom and privacy have been lost to tyranny.
Desperate Times in Lebanon
Armstrong Economics Blog/Corruption Re-Posted Aug 16, 2022 by Martin Armstrong
Desperate times drive people to desperate measures. A Lebanese man made international headlines after holding 10 people hostage in a seven-hour standoff with authorities before surrendering. This man was not attempting to steal from the bank and had no intention of harming anyone. He is a victim of Lebanon’s economic catastrophe, and this is a very sad story of what can happen when banks fail.
Lebanese banks have placed harsh limits on withdrawals since 2019. The man, who entered the bank with a gun and gasoline, was pleading for $35,000 of his own money in order to pay for his father’s healthcare.
The Lebanese lira declined by over 90% against the USD. The country’s GDP fell to $20.5 billion in 2021, and real GDP per capita declined 37.1%. The World Bank deemed the crisis a “deliberate depression” that was “manifested by a collapse of the most basic public services; persistent and debilitating internal political discord; and mass brain drain.” Inflation in Lebanon reached 210.08% in June, and the lira is utterly worthless. Food prices have spiked 332.35%, transportation 462.4%, and housing by 132.38%.
Billionaire Prime Minister Najib Mikati, one of the richest men in the Arab world, has done nothing to help the people. Time has run out for Lebanon, and the people need a complete political transformation to regain any quality of life.
Argentina Raises Interest Rate to 69.5%
Armstrong Economics Blog/Socialist Re-Posted Aug 15, 2022 by Martin Armstrong
Argentina is out of options. I reported on the ongoing widespread protests occurring across the country. The majority of the nation is unemployed, and the currency is basically worthless. The people can no longer rely on the socialistic promises as the government is unable to fund its programs. Basic necessities are no longer available, and the people are suffering.
After inflation reached 60%, the nation decided to stop printing money entirely. The central bank just voted to raise the benchmark rate by 950 bps to 69.5%. Inflation now sits at 71% after prices rose 7.4% in July.
Estimates state that inflation could reach 90% in Argentina by the end of the year. The government has run the economy into the ground, 6 feet under, and it will need a complete overhaul for the people to begin living comfortably again.
Romania Gifts Moldova One Million Potassium Iodide Pills
Armstrong Economics Blog/War Re-Posted Aug 15, 2022 by Martin Armstrong
The world is preparing for the worst – a nuclear disaster. Romania gifted Moldova one million pills that protect against radioactivity due to fighting near the Zaporizhzhia power plant in Ukraine. Russia has control of the plan but claims it will not begin a nuclear war. Still, the Commission for Exceptional Situations of Moldova is distributing potassium iodide pills to citizens as a precaution.
The pill is supposed to prevent the thyroid from absorbing radioactive iodine and must be taken within 24 hours of exposure.
Romania has personally distributed 30 million potassium iodide pills to its citizens. Romania’s Minister of Health, Alexandru Rafila, is urging everyone under the age of 40 to pick up their tablets. “There is more demand, less demand, I don’t know to tell you. But now, perhaps as things get tense in Ukraine, demand is likely to increase. But family doctors must issue a prescription to those who need to receive potassium iodide.” He added.
Romanian doctors expressed disappointment as citizens immediately panicked and rushed to obtain these pills. The fear of a potential nuclear disaster is now embedded in the minds of many Eastern Europeans.
Yet More Problems at Problematic Baltimore Drug & Vaccine Production Plant—Plenty of Taxpayer Dollars Burn Away
TrialSite Staff Posted on Aug. 14, 2022, 10:30 a.m.
A drug and vaccine drug production facility in Baltimore plagued with problems was shut down by the U.S. Food and Drug Administration (FDA) in early 2021. Apparently suspended due to contaminants, the FDA allowed the production facility to go back online just months later in August of 2021. Now about 135 million doses of the Johnson & Johnson vaccine will need to be destroyed due to yet more quality mishaps at the same facility. Other production problems at an Emergent BioSolutions production facility reported by this media led to the destruction of 400 million vaccine doses last year. According to a statement by Johnson & Johnson has ended its relationship with Emergent BioSolutions. The New York Times covered this latest quality debacle late last month.
Emergent BioSolutions benefited from multiple federal contracts during the pandemic yet couldn’t keep the quality together to avoid the wastage of hundreds of millions of vaccine doses.
Emergent BioSolutions was a costly partner for AstraZeneca as well as Johnson & Johnson. A manufacturing partner in America they were apparently the cause of vaccine safety issues at the now notorious Baltimore plant run by Emergent BioSolutions. The most recent quality debacle was more widely reported in places such as India.
While Emergent BioSolutions has been plagued with production errors, they still benefit from ongoing federal government grants—meaning ultimately taxpayer-funded research.
Why aren’t the feds more concerned? TrialSite reported just a few months ago that the National Institutes of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH) granted Emergent BioSolutions funds for yet another vaccine development effort. This time the funds went to Emergent BioSolutions to conduct a Phase 1 study evaluating an early-stage vaccine for Eastern Equine Encephalitis virus (EEV), Western Equine Encephalitis virus (WEEV) and Venezuelan Equine Encephalitis virus (VEEV).
Perhaps the quality issues plaguing the Emergent BioSolutions Baltimore production facility won’t be an issue for the development of investigational products for this novel vaccine?
Centinel2012 