EU Commissioner Threatens Retaliation Against Italy if Italian Voters Elect the Wrong Political Leaders


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

The bizarre part, from the perspective of normal democracy, is the open admission by EU Commissar Ursula von der Leyen that she intends to punish the Italian people if they elect the wrong political leadership to run their country.  Yes, she literally threatened to punish Italy if the voters elect an Italy-first candidate tomorrow.

Having previously sanctioned Hungary and Poland for electing heads of state that are nationalist minded, Ursula von der Leyen warned the Italian people she will take the same action if Italians defy the will of the European Union collective. When asked about EU citizens demanding their elected leaders listen to their specific and unique economic needs, the EU President Stated {Direct Rumble Link}:

“We will see the result of the vote in Italy. If things go in a difficult direction — and I’ve spoken about Hungary and Poland — we have the tools.”

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The remarks come from Commissar von der Leyen because a rising nationalist star in Italy named Giorgia Meloni is anticipated to win victory.  Meloni is an unapologetic nationalist who believes in Italy-first.  As a result, the EU media consider Meloni an ultra-far-right-wing politician.   However, the scale of public support for Meloni has positioned her to become Italy’s first female prime minister in the election tomorrow.

As noted by Treeper Betsy Jones:

“Italy’s elections are on Sunday. The charismatic Georgia Meloni, a nationalist, is set to be Italy’s first female PM.

But unlike most women in the higher eschelons of power in Europe and elsewhere, she is an Italian for Italians, who have been sold out by her predecessors. She is anti Schwab, anti everything that is happening now which will bring devastation upon every man, woman, and child in Europe. She has made this very plain, which is why the Euro “elites” both hate and fear her.

Today Ursula von der Leyen out and out threatened all of Italy and its voters. She said…

“We will see the result of the vote in Italy. If things go in a difficult direction–I’ve spoken about Hungary and Poland– we have the tools.”

And this is the tyrannical EU. Power mad and vicious. Totally unconcerned about the people under its brutal thumb.

One by one it seems individual countries which have been coerced into joining a godless, foul political union, sold to them as a purely economic one, have regained control of their pride and their senses. All their cultures and histories were essentially eradicated in obeisance to their new masters in Strasbourg and the Hague. I believe these peoples want them returned.

I pray for the Italians, the Poles, and the Hungarians…and any other country in continental Europe which makes it clear that they will not be subsumed into misery, economic catastrophe, or death…simply because von der Leyen, Schwab, Sholz and like monsters tell them they must obey.

What at first seemed like a small hole in the WEF dam with the Dutch farmers now seems to be widening, and relatively quickly, too.

Godspeed to those who have said “Enough! No more!” May it herald better times for them. And us.” (link)

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The History Books Will Prove This is an Industrial Example of The Great Pretending


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

This is epic. This is like listening to Grandpa rail against the Federal Reserve and central banks without realizing the motive behind what the Federal Reserve and central banks are doing.   This is the best example to date of the misconception behind ‘The Great Pretending.’

U of Penn, Wharton Business School professor of finance, Jeremy Siegel, rails against Jerome Powell and the central bankers for raising interest rates into a collapsing western global economy.  Everything, everything he outlines, is essentially accurate about the damage being done to western economies. …. Except the biggest realization and acceptance is missing…. It’s being done by design.  The people he outlines are not making a mistake, they are doing it on purpose.  First, WATCH:

The U.S, EU, CA, AU and western economic central bankers did not respond sooner to the inflation crisis (2021) because the central banks were waiting for the politicians in their systems to establish the energy policy that their pre-planned action was intended to support.  [<- Reread that if needed].

Once the collective Build Back Better/Climate Change energy policy was established (2021), and after the resulting inflation created the justification for the central bank action, then -and only then- did the central bankers trigger the next phase of raising interest rates (2022) to reduce western economic activity and support the Build Back Better agenda.

All of this was by design.  None of this was by mistake.  The process, strategy and timing were all part of the Build Back Better agenda.  Purposefully created inflation, the result of the energy policy, was planned and used by the central banks to justify the rate increases.  It was a self-fulfilling prophecy built into the Build Back Better roadmap.

Now these ‘bankers’ are trying to collapse the economy to meet the reduction in energy production.  The bankers are supporting the political motives of the politicians.  This is all intentional.  Jeremy Siegel misses this core and fundamental aspect.   However, some of the lesser ideological western leaders (politicians) are starting to get ‘cold feet.’

The U.S, EU, France, Canada and Australia/New Zealand are ‘all-in.’   Joe Biden (U.S.), Justin Trudeau (CA), Jacinda Ardern (NZ), Emmanuel Macron (FR) and Ursula von der Leyen (EU) are unwavering and all in.  All of their central bank control officers are also all-in, including Christine Legarde (EU).  These unflinching ideologues are not going to budge, but some of the politicians within their economic systems are starting to get cold feet.

Japanese Prime Minister Fumio Kishida was the first to express reservations about the collective goal to sink their economy.  German Chancellor Olaf Scholz is also realizing he may not survive unless he cuts the cord tying him to the Build Back Better anchor of un-survivable renewable energy policy.  The recently installed British Prime Minister Liz Truss is also trying to untangle the knot tied by Boris Johnson, as her nation now suffers with double digit energy price increases.  These are the first fractures in the coalition since the Build Back Better agreement was made.

Jeremy Siegel is correct as to the outcome, but he -like almost all western financial pundits- are blind to the true motive.  Siegel is blaming it on incompetence, instead of going back to the original Build Back Better design as openly expressed by the central banks and politicians in 2020.   They were not hiding it.

The collective western leadership openly said this exact scenario was what they were going to do coming out of the useful COVID-19 pandemic.

The Western leaders openly stated they were going to use the time of lowered economic activity (created by the pandemic) as a gauge to measure and deploy a permanent change to the global system of energy development.  They were going to exit the pandemic with a new focus on climate change and new energy systems.

That pandemic “exit” was the gateway into the “economic transition” that all of the western leaders then began describing.

Throughout 2021 traditional oil, coal and natural gas exploitation was reduced by policy.  Inflation skyrocketed while the central bankers waited like kids playing double-dutch jump rope.  Wait,…. summer 2021…..  wait, fall 2021….. wait, winter 2021… wait, spring 2022…. and then, after the energy policy cemented,…   “NOW” run in and jump – Summer 2022, with the rate hikes.   The timing was by design.

Can you see it now?

Mulvaney, Goolsbee and Santelli Finally Discuss Supply Side Energy Driven Inflation and the Disconnect of The Political Federal Reserve


Posted Originally on the conservative tree house on September 23, 2022 | Sundance

Mulvaney, Goolsbee and Santelli Finally Discuss Supply Side Energy Driven Inflation and the Disconnect of The Political Federal Reserve

September 23, 2022 | Sundance | 51 Comments

Finally, a finance and economic discussion that touches on the critical component to inflation that no one dare say, or else they suffer political backlash.  Although Mick Mulvaney, Austin Goolsbee and to a lesser extent, Rick Santelli, had to maintain the acceptable ‘pretending’ approach, parsing words carefully, at least this is one of the first times where the supply side (energy driven) issue of global inflation was discussed.

As the group collectively admitted there is no other option other than a “hard landing” that collapses the economy from the current Fed approach; additionally, Rick Santelli, blasts the relationship between the political central banks and the global leaders who have pressured this dynamic.  WATCH:

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Still pretending, but lessened a little.  Hey, progress.

President Trump MAGA Rally, Wilmington, North Carolina – 7:00pm ET Livestream


Posted originally on the conservative tree house on September 23, 2022 | Sundance 

Tonight President Donald J Trump is holding a Save America Rally in Wilmington, North Carolina.  The venue is the Aero Center at Wilmington International Airport and President Trump is scheduled to deliver remarks at 7:00pm ET.

President Trump, is traveling to North Carolina to support Ted Budd, Republican Nominee for U.S. Senate from North Carolina, and the entire North Carolina republican ticket.  Rumble livestream Links Below.

RSBN Rumble Livestream – Trump Campaign Rumble Livestream – Alternate Rumble livestream

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Interview: The Plot to Seize Russia & Make It a NATO Vassal


Armstrong Economics Blog/Armstrong in the Media Re-Posted Sep 23, 2022 by Martin Armstrong

See above or click here to watch my latest interview with Geopolitics & Empire.

A message from Hrvoje Moric:

“Martin Armstrong discusses his new book based on declassified documents where in the 1990s the West, NATO, and Russian oligarchy plotted to seize Moscow, loot Russia, and takeover its natural resources. Yeltsin turned to Putin who was not a communist and is not an oligarch. The Moscow apartment bombings or propaganda surrounding them being a false flag would likely have come from Boris Berezovsky. The Great Reset is basically a debt default and the EU is a disaster that will fall apart. At this point most of the attack on Russia is related to “climate change” and to shut down fossil fuels.”

KASH PATEL: THE REAL REASON DEM RUN COUNTIES ARE NO LONGER SAFE


The Charlie Kirk Show Published originally on Rumble on September 21, 2022

A very good discussion with a good idea!

Interview WORLD FIRST: The Plot to Seize Russia, War Propaganda, and More


Armstrong Economics Blog/Armstrong in the Media Re-Posted Sep 22, 2022 by Martin Armstrong

Listen to my latest interview with Maria from Zeee Media.

Description from Maria:

World renowned economist Martin Armstrong joins us to break the story of the several-decade long plan to seize Russia, detailing how he has obtained declassified documents from the Clinton Administration, and how he was previously targeted for possessing this knowledge – which he is finally able to release.

Martin takes us through his encounter with an alleged terrorist from 9/11 while he served in prison, who was actually a Pakistani Christian that was framed by the US Government. We also discuss world events, war propaganda, and Martin’s insight into where we are heading.

Putin is at War with the West – Not Ukraine


Armstrong Economics Blog/War Re-Posted Sep 22, 2022 by Martin Armstrong

Vladimir Putin’s recent speech is making headlines as people falsely claim Russia is about to launch an all-out nuclear attack. Putin is sticking to his same plan and says it in his opening statement: “The subject of this address is the situation in Donbas and the course of the special military operation to liberate it from the neo-Nazi regime, which seized power in Ukraine in 2014 as the result of an armed state coup.” Russia must now play defense as they are no longer simply battling Ukraine.

Putin stated that in 1991 the West prided itself on dividing the USSR, and believes “now is the time to do the same to Russia, which must be divided into numerous regions that would be at deadly feud with each other. They decided these plans years ago.”

Putin knows that he is fighting a NATO offensive and not simply Ukraine and directly calls out Washington, London, and Brussels. He correctly stated that the West first set out to demonize Russia and spread “Russophobia,” as they did during the Cold War. NATO and the West are now the opponents of Russia in this proxy war, while the Ukrainian people are merely cannon fodder used to usher in this new world.

Putin has been trying to reclaim land since 2014. He had no plan to seize Ukraine, but did want to reclaim the Donbas. This is much bigger than Russia v Ukraine as he fears he must act on the offensive against most of the world’s superpowers who want to seize Russia. They are shoving endless funds into Ukraine because they expect a prize in the end. Putin stated that he attempted peace talks, but the West shot them down because they craved war.

“After the start of the special military operation, in particular after the Istanbul talks, Kiev representatives voiced quite a positive response to our proposals. These proposals concerned above all ensuring Russia’s security and interests. But a peaceful settlement obviously did not suit the West, which is why, after certain compromises were coordinated, Kiev was actually ordered to wreck all these agreements.

More weapons were pumped into Ukraine. The Kiev regime brought into play new groups of foreign mercenaries and nationalists, military units trained according to NATO standards and receiving orders from Western advisers.”

This will not end well; the West made it clear that peace would not be an option. Zelensky is simply the face of a much larger plan at play that involves an ongoing plot to seize Russia, which has been happening behind the scenes for decades.

One-Third of Canadians Worried About Daily Expenses


Armstrong Economics Blog/Canada Re-Posted Sep 21, 2022 by Martin Armstrong

Inflation is hurting everyone. The Financial Wellbeing Index for Summer 2022 by Lifeworks found that 29% of 3,000 respondents said they are concerned they can no longer afford daily life expenses. The measure for overall financial well-being fell to 64%, which is the lowest number recorded since the survey began in the winter of 2021.

Those under 40, who have had less time in the workforce to save, are significantly more troubled and are 75% more likely to report worry over basic life expenses. Parents are 40% more likely to be concerned about covering expenses. Perhaps this is why the government is slowly grabbing workers in a socialistic plot – don’t worry, the government will take care of you!

Half of those who expressed concern said that food prices had made the most notable dent in their wallets, while 35% cited gas costs. Nearly a quarter said they are worried about making good on their mortgage payments.

Inflation in Canada reached 7.6% in July, with core inflation up 6.6%. Inflation fell by 0.6% in August on the monthly level but is still up 7% annually. Government is engulfing the private sectorand long-term growth is not a priority for the Trudeau Administration.

Achtung! Producer Prices in Germany Jump 7.9 Percent in August to 45.8 Percent, Highest Jump in Prices in History of German Economy


Posted originally on the conservative tree house on September 20, 2022

The statistics behind the energy impact upon the German economy, the largest economy in the European Union, are almost unfathomable in scale.  There is no way for the German industrial economy to continue with this level of price pressure.  Stick a fork in the current creation of German industrial products and exports, the inflection point of feasibility for continued production has been crossed.  They are done.

According to release statistics from the German economic ministry, energy prices in August were more than double the same period last year, up 139%.  The monthly increase was more than 20.4% higher than July.  Additionally, producer prices for electricity rose 174.9% compared with August 2021 and by 26.4% in a single month.

This jaw-dropping increase in energy cost has resulted in German manufacturing prices for industrial goods jumping 7.9% in August alone, with a year-over-year increase in the cost to manufacture goods at 45.8%.  That is the highest rate of price increase since Germany began recording their statistics in 1939.

BERLIN, Sept 19 (Reuters) – German producer prices rose in August at their strongest rate since records began both in annual and monthly terms, driven mainly by soaring energy prices, raising the chances that headline inflation will surge even higher.

Producer prices of industrial products increased by 45.8% on the same month last year, the Federal Statistical Office reported on Tuesday. Compared to July 2022, prices rose 7.9%, it added.

The surge was considerably stronger than expected, with analysts having forecast a 37.1% year-on-year rise and a 1.6% monthly rise, according to a Reuters poll.

In July, the year-on-year increase had been 37.2% and in June 32.7%.

Energy prices in August on average were over double the same period last year, up 139%, and 20.4% higher than the previous month, the office reported. (read more)

Once again, my friends…. Pretending meets reality!

What does this mean in practical terms?

Firstly, it means the people within Germany and the larger EU will not be able to afford goods if the increased price to manufacture them is passed on to customers.  German industrial goods, including the heavily dependent auto sector, will hit the market at double the price from last year.  Exported goods, again assuming the government doesn’t provide some sort of subsidy to offset, would also double.

Secondly, it means the prices of used goods will increase in value.  With imported vehicles holding that scale of increased manufacturing price, I would expect to see German automobile dealers in the U.S. sending out incentives to purchase used BMW’s, Audi’s and Mercedes for the products that are not produced in North America.

Lastly, on a global scale, Germany is dependent on selling industrial equipment to Asia and North America in the manufacturing sector.  With declining demand for finished products -the result of inflation- there was already a lowered demand for machinery, machined tools and heavy equipment.  Downward pressure due to a lack of demand, combined with upward price pressure to manufacture the industrial products, creates an even worse scenario.

Right now, Germany is on the cusp of a full-blown economic meltdown, and as we have seen recently German Minister of Economics Robert Habeck (pictured below) has no idea how to handle it.

~ The Pretenders ~