A summary of the background story is HERE. Independent journalist Michael Yon has now travelled to the Netherlands to document the protest as western interest in the conflict starts to increase. Steve Bannon interviewed Yon earlier today. {Direct Rumble Link}, Video Below:
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After the Dutch police shot at one of the protesting farmers last night, they took the tractor driver -a teenage boy- to a local police station. The farmers responded earlier today by surrounding the police station and demanding his release. The Dutch farmers are not backing down, they have doubled-down and are now blocking airports.
Protesters are surrounding the police station that is detaining the child that was shot at and arrested last night. They are calling it attempted murder. https://t.co/363xQ40wURpic.twitter.com/jrn51rViVL
Dutch citizens and farmers at Leeuwarden police station to bring home the underage boy whom Mark Rutte's police shot and then arrested last night. The majority of the Dutch support the farmers' protest. pic.twitter.com/lQiAJh1mZO
🇳🇱 Update: Reckless officers attempted to shoot a child who was leaving the protest last night. One bullet missed by 2 cm, and would have killed Jouke, (16) pictured below. He is now being held by police away from his mother, who can not see or speak to him. pic.twitter.com/I70iVSo4tG
At a police station blockade in solidarity with the kid who was shot at by police, this protester says that farmers are hanging themselves because the Prime Minister has taken away their future. pic.twitter.com/NJomDUcoaZ
Dutch Farmers are now blocking the airport. Before they have blocked the highways, ports, supermarkets and distribution centers as a protests against the govt. pic.twitter.com/qXvL3Xu5mb
Step back for a minute and elevate the discussion to a bigger review. In the past several months every single institution of policy making has stated, many emphatically, that a looming global food crisis is imminent. No one is hedging on this point; everyone in the geopolitical system is in alignment saying there will be food shortages.
Joe Biden, NATO, the G7, the European Union, the World Bank, USAID, and every western leader in the United States and Europe has stated there will be food shortages.
They are not saying there might be shortages; their statements are emphatic, there will be shortages.
Accept this basic cornerstone. Then ask why not a single proactive step has been taken by any of the aforementioned institutions or governments to alleviate what they declare is a certainty. Why?
Simple question, “why?”
If all of the western nations, non-govt organizations and heads of state, are aware of a coming food crisis, why is there no proactive response?
It is a question that even the most hardcore leftists will not answer, because there is only one answer. No action is being taken because they do not want to take action. No effort to avoid the crisis is being done, because they do not want the crisis avoided.
Peel all the layers of obfuscation and causation away, and what we find is the epicenter of the food shortage is directly the result of the Build Back Better agenda. A post-pandemic western government deliberate decision to radically change global energy development. In succinct terms, the climate change agenda.
However, regardless of how you feel about the validity of “climate change,” the cause of diminished food supplies is purposeful. It is not climate change causing food shortages. It is the purposeful action taken under the guise of mitigating climate change that is causing the shortage of food.
The collective Build Back Better energy policy of western governments’ is the reason for massive increases in energy costs, massive oil price jumps, gasoline price increases, significant increases in chemical costs, increases in diesel fuel costs, shortages of fertilizer created using natural gas, and the end result is lower crop yields, higher farming costs and eventually, food shortages. They know this.
All of the organizations and government who have been decrying the future shortage of food, know it is the radical shift in energy resource development that is creating the crisis. This acceptance of reality begins the framework to understand just how entrenched and committed these western leaders are toward their beloved climate change agenda.
We do not yet know the scale of food shortage, but we do know -and everyone admits- there will be severe shortages on a global basis.
Western leaders will not and cannot accept the blame for what they are doing. So, they will blame-cast, excuse and justify what is likely to surface.
Food shortages will be blamed on the Ukraine conflict, Russian aggression, climate change and any various iteration of justification that does not identify the true cause, their energy ideology.
I’m not so sure that people fully understand what the entire system of western government would be willing to do to avoid being blamed for avoidable death on a potential scale that is quite alarming. All of the western leaders, institutions and governments are on the same boat. They are all in this together.
By Geert Vanden Bossche Published originally on Voice for Science and Solidarity on July 4th 2022
Dear all,
For the past two weeks I have been working on a document summarizing my conclusions on the immuno-epidemiological consequences of the mass vaccination experiment.
The result of this is even more frightening than I had predicted. I’ve, therefore, appended a summary of my manuscript by way of ‘tsunami warning’.
In a nutshell, here is what I am 100% certain of:
The current SC-2 pandemic is still expanding as it is a pandemic of ‘more infectious’ variants and is thus enhancing the susceptibility of vaccinees to infection (infection-enhancing antibodies) while diminishing the susceptibility of the unvaccinated (infection-mediated training of innate cell-mediated immunity).
In the pre-Omicron era, we saw more infectious variants becoming dominant; however, thanks to the neutralizing antibodies, vaccinees were still protected against disease. However, with the advent of Omicron and its growing resistance to neutralizing antibodies, vaccinees became more susceptible to infection; what we are now seeing is more virulent variants becoming dominant (Omicron subvariants BA.4 and BA.5[1]). however, thanks to the virulence-neutralizing antibodies (which are the same as those enhancing infection at the upper respiratory tract!), vaccinees were still protected against severe disease (e.g., in case of BA.1 and BA.2). I’ve no doubt, however, that with the growing resistance of BA.4 and BA.5 to the virulence-neutralizing Abs, vaccinees will now rapidly become more susceptible to virulence.
Due to repetitive activation of the immune system in C-19 vaccinees, several infectious diseases can now be spread asymptomatically by vaccinees. Due to widespread asymptomatic transmission in highly vaccinated countries and the subsequent rise in infectious pressure, infection-mediated immunity in certain subsets of the population no longer suffices to prevent productive infection. This is now basically igniting the global spread of a number of acute, self-limiting microbial infections (e.g., ‘seasonal’ Flu, RSV but also vaccine-preventable viral and bacterial infections in countries that interrupted their childhood vax program due to Covid crisis) and also of some acute, self-limiting viral diseases (e.g., monkeypox, pandemic [avian H5N1] flu). In addition, depletion of cytotoxic CD8 T cells due to repetitive cycles of re-infection has also led to an increased recurrence/reactivation rate of chronic infections (e.g., herpetic diseases + CMV, EBV, CMV, HIV, tuberculosis..) and relapse or metastasis of certain cancers in vaccinees.
In the summary appended, I am sharing my informed predictions on the health impact these pandemics will entail in different subgroups of a highly vaccinated population. While these new pandemics are developing, the super C-19 pandemic I’ve been warning about is coming our way soon. In highly vaccinated countries, it will definitely overhaul the pandemics mentioned above. This is because massive replacement of ‘natural infection-acquired’ immunity to SC-2 by ‘imperfect’ vaccine-induced immunity is now driving the evolution of the C-19 pandemic in highly vaccinated countries. This will not be the case in poorly vaccinated countries where natural immunity has been largely preserved and the population is often much younger (e.g., African countries).
Last, I’d like to repeat my advice:
· If you’re C-19 vaccinated: Make sure you’ve access to antivirals and antibiotics and that you’ve established a contact with an MD you can trust.
If you’re not C-19 vaccinated: You should under no condition get the seasonal Flu shot as vaccination with inactivated Flu vaccines will dramatically increase the risk of catching ADEI in the event you get exposed to avian flu. Under no condition should you get a non-replicating smallpox vaccine.[i] Since surface proteins of smallpox (using cowpox as live attenuated immunogen) are different from those decorating monkeypox, and as the non-replicating vaccine primarily induces antibodies (Abs), you could expose yourself to a real risk of ADEI. However, C-19 unvaccinated people don’t need a smallpox jabat all (and they don’t need an avian Flu vaccine either – in case the industry comes up with a pandemic flu vaccine!) regardless of whether they got the smallpox vaccine in the past. Training of our innate immune system against Coronavirus (i.e., SC-2) during the C-19 pandemic will not only provide strong innate immune protection against influenza virus and poxviruses but also against other glycosylated viruses causing acute, self-limiting infection (e.g., RSV, other common cold CoV). I can explain this, but that would take somewhat longer. Upon exposure to smallpox or avian Flu, a C-19 unvaccinated person who is in good health and experienced mild or moderate C-19 symptoms as a result of previous natural infection (‘thanks’ to the C-19 pandemic) may still get some mild illness but that’s it! This will just induce additional antibodies to fully protect you next time around, pretty much like a live attenuated viral vaccine does. There is even a high likelihood that there won’t be a ‘vaccine take’ when you become vaccinated with live attenuated smallpox as your trained NK cells may kick out the vaccinal virus right away. However innate immune training against CoV (e.g., SC-2) will not protect against measles, mumps, rubella or varicella (M, M, R, V). So, I simply continue recommending you to vaccinate your child against these childhood diseases before local outbreaks/ epidemics occur. It’s never a good idea, and could be dangerous for the child, to get the MMRV shot during a situation of high infectious pressure. Also, it is not recommended to vaccinate older children / adults/ elderly with these live attenuated vaccines if they’ve not been vaccinated against those diseases before. So, those who didn’t receive these childhood vaccines and did not acquire natural immunity as a result of previous natural infection are at risk of contracting the disease in case of an outbreak.
Unvaccinated elderly and vulnerable people (e.g., with co-morbidities) have a risk of contracting moderate to severe disease from Flu or RSV. The likelihood for developing severe disease increases when the innate immune system is weakened, especially in case of exposure to high infectious pressure (the latter could, for example, rapidly build up in areas of high population density such as nursing homes. I would, therefore, recommend removing your parent/ grand-parents from nursing homes ASAP.
Live attenuated smallpox vaccine will not work in C-19 vaccinees because host cells that are infected with vaccinal virus will be readily recognized and killed by cytotoxic CD8 T cells that are continuously activated due to the enhanced susceptibility of vaccinees to re-infection.
C-19 vaccination of children must stop immediately. Not only will the C-19 vaccines fully prevent innate antibodies from neutralizing the virus, but they will also irreversibly prevent the innate antibodies (in association with the virus) from educating the cell-based innate immune system (e.g., NK cells). Instead, the vaccinal antibodies will enhance viral infectiousness and enable the virus to blow straight through the innate immune defense, thereby causing severe C-19 disease. It will also prevent the child from educating its innate immune system (a corner stone of natural immunity!) to recognize several other (glycosylated) pathogens while discriminating those from self-antigens. This could lead to severe disease caused by several other (glycosylated) pathogens which the child has not been vaccinated against as well as to severe immune pathology! It will also no longer be possible to vaccinate children with other live attenuated childhood vaccines once they’ve gotten the Covid-19 shot for these vaccines could now cause severe disease. So, the C-19 vaccine could be a death sentence for a young child!
You’ll find more details on these recommendations highlighted in the full manuscript I am still working on.
As far as the evolution of the C-19 pandemic is concerned, this is what you need to track if you want to know when the super C-19 pandemic is about to kick off:
When the ratio of the vaccinated to unvaccinated people in the age group 10-60 years old, who are hospitalized because of Covid-19, starts to rapidly increase, we will know that the super C-19 pandemic has begun. That’s the most sensitive criterion!
My heart goes out to the vaccinated people. The only way to bypass the malicious C-19 priming is to properly educate the vaccinee’s innate immune effector cells in the absence of replicating virus. It will be critical to treat them as of the early onset of symptoms. Treatment with antivirals shortly after infection could possibly train their innate immune system without boosting their infection-enhancing antibodies[2].
Geert Vanden Bossche received his DVM from the University of Ghent, Belgium, and his PhD degree in Virology from the University of Hohenheim, Germany. He held adjunct faculty appointments at universities in Belgium and Germany. After his career in Academia, Geert joined several vaccine companies (GSK Biologicals, Novartis Vaccines, Solvay Biologicals) to serve various roles in vaccine R&D as well as in late vaccine development.
Geert then moved on to join the Bill & Melinda Gates Foundation’s Global Health Discovery team in Seattle (USA) as Senior Program Officer; he then worked with the Global Alliance for Vaccines and Immunization (GAVI) in Geneva as Senior Ebola Program Manager. At GAVI he tracked efforts to develop an Ebola vaccine. He also represented GAVI in fora with other partners, including WHO, to review progress on the fight against Ebola and to build plans for global pandemic preparedness.
Back in 2015, Geert scrutinized and questioned the safety of the Ebola vaccine that was used in ring vaccination trials conducted by WHO in Guinea. His critical scientific analysis and report on the data published by WHO in the Lancet in 2015 was sent to all international health and regulatory authorities involved in the Ebola vaccination program. After working for GAVI, Geert joined the German Center for Infection Research in Cologne as Head of the Vaccine Development Office. He is at present primarily serving as a Biotech / Vaccine consultant while also conducting his own research on Natural Killer cell-based vaccines.
The Canadian government is relentless in pushing vaccinations. Health Minister Duclos just announced that “two doses is no longer enough.” We knew that the Canadian government ordered a massive shipment of vaccines, but those who obeyed whether by force or fear thought they were “fully vaccinated” with two doses. He ominously told the public to “get the vaccine that is waiting for you,” as that has been the plan all along.
The Freedom Convoy truckers warned the public that they too were one dose away from being an unvaccinated societal outcast. The day has come that the meaning of “fully vaccinated” has changed – Canadians must receive a dose every nine months indefinitely.
Schwab must be proud of his young globalist leader, Trudeau, who has destroyed a once free nation. “‘Up-to-date’ means you have received your last dose in the past nine months,” said the health czar. “If you’ve already received a first booster, that’s great. Please see if you’re eligible for a second or third booster to remain up-to-date.”
The most vulnerable people will be the first test subjects. They are bringing the fourth dosage to nursing homes, the immunocompromised, and of course First Nations communities. No one believed that there would be a third shot, and no one believed that children would be forced to receive vaccines. The truth of the matter is that there is an active war on health to promote the New World Order under the guise of a virus with a 0.02% death rate.
QUESTION: Will you explain what Socrates foresees for after 2032 at this year’s WEC in November? I’m more concerned about my grandkids. A lot of people seem to be plagiarizing you these days. But all they have to offer is an opinion and we all have opinions. Socrates has been the only thing that has ever been consistently correct.
TH
ANSWER: I have warned that the Economic Confidence Model and how markets even trade themselves is always fractal. We are completing the end of the BIG ONE. I think a lot of people are starting to see this too. The End of the World is by no means the END. It is just the point in history where it all begins again. We can see that Biden is probably the instrument of death, or should I say those who write his executive orders and cheat sheets. They are obsessed with climate change and are deliberately trying to destroy our capacity to produce and use fossil fuels.
The hatred and division in our society is just insane. We have celebrities canceling the 4th of July over abortion. The very law that the Supreme Court ruled on limited abortion to 15 weeks. They seem to think they have the right to kill a child up to birth. Bette Midler started a controversy on Twitter by posting: “They don’t call us ‘women’ anymore; they call us ‘birthing people’ or ‘menstruators,’ and even ‘people with vaginas!’ Don’t let them erase you! Every human on earth owes you.” The world has gone insane, and all these labels only divide society, creating one group against another. This is the total destruction of society and these people are so stupid, that they cannot see what they are doing because of their own deranged views.
There is an ebb and flow to civilization. We all come together because it benefits all of us, and then it falls apart when one group begins to exploit another. This is the basic rhythm of civilization. As taxes are low and the economy booms in the city, the youth are attracted to the city and leave their parents on the farms or suburbs and head off to make their fortune in the world. Rome became the largest city in history, reaching a population in excess of 1 million by its peak in 180 AD. It had crossed that 1 million mark in 133 AD during the reign of Hadrian (117-138AD).
With the death of Marcus Aurelius (161-180 AD) in 180 AD, the decline and fall began just 51.6 years after it exceeded one million people. The crazy emperor Commodus (177-192 AD) followed his father. Like the Democrats today who attack anyone who supported Trump and are still running against Trump in 2022, Commodus did the same, and anyone who had supported his father he attacked. Today, Liz Cheney, who is as evil as her father in my opinion, is today’s Commodus. She is the destroyer of civilization, for her personal hatred of Trump is dividing the nation and will ensure that people like her will end the United States as we have known it. Cheney will unleash civil war if she really thinks that she can prevent Trump from running imprisoning over 300 people already for entering the Capitol on January 6. Not even their hated Putin even did that to protesters. This will lead to civil war.
Edward Gibbon wrote in his “Decline and Fall of the Roman Empire” about the son of Marcus Aurelius and how he set in motion the collapse of Rome. He wrote of Commodus (177-192AD):
“distinction of every kind soon became criminal. The possession of wealth stimulated the diligence of the informers; rigid virtue implied a tacit censure of the irregularities of Commodus; important services implied a dangerous superiority of merit; and the friendship of the father always insured the aversion of the son. Suspicion was equivalent to proof; trial to condemnation. The execution of a considerable senator was attended with the death of all who might lament or revenge his fate; and when Commodus had once tasted human blood, he became incapable of pity or remorse”
(Book 1, Chapter 4).
We see the same hatred spewing from Cheney’s mouth and with the Democrats. Nobody seems to understand what makes civilization work. They are dividing civilization for personal hatred and gain and in the process fulfilling the cycle that will end civilization as we know it.
Rome was the largest city in ancient times. It eventually collapsed to a population of just 15,000 during the middle ages. The city of London, England, was the first city to reach a population again of one million and it took nearly 6 waves of 309.6 years. London reached the 1 million mark in 1810 during the reign of George III (1760-1820) and in comparison, New York City finally reached that level in 1875 thanks to all the people fleeing Europe. We once again are approaching the peak in civilization and what will come after 2032 will be once more the disintegration of civilization.
Rome fell and broke up into small enclaves that ushered in the feudal system. People became serfs for the common protection of a landlord and his castle. We still retain the word “landlord” to this very day. We will see a new world where countries will no longer exist as we know them and they will all divide and separate into localized jurisdictions lacking the strength of central power.
There will be battles over separation. About 86 years from the peak of Rome, it was divided into three segments. Then there were battles to reunite the empire. Then Constantine divided the empire by moving the capital to Constantinople, which is today Istanbul. Even when Russia fell, it divided regions along the lines of the original countries that were conquered.
Globalization will come to an end and we’re already witnessing this with the Biden sanctions on Russia that have caused inflation and divided the world economy in two. We will witness a return to make the manufacture of various goods locally for each division as well as growing their own food. Energy may revert back to wood and oil for there will be no major power grids as they become localized.
Our population models suggest up to a 50% reduction perhaps as soon as 2040. The population is already shrinking and aging in all the major industrialized nations. Just as in ancient Rome, the first Emperor Augustus issued Family Laws because as an economy expands, the birthrate declines. We see many young girls professing they do not want children. This too is part of the cycle, but they will die alone for children historically were the foundation of civilization as they were charged with taking care of their parents. This is what socialism has done — destroyed the family unit.
I often am asked, how can we prevent the trend. Unfortunately, we cannot. It is far greater than anyone can correct. People like Jessica Chastain are all about them. Without children, her luxurious lifestyle will crumble and she will face the stark reality of how civilization has survived with children taking care of their parents. Even in China, the one-child rule significantly altered its future. While that has now been repealed, the damage long-term is profound.
This will be a NEW BEGINNING for civilization. We will get to rewrite the form of government of the future. This will be a 309.6-year Private Wave, which will be volatile, but our current form of Republics that pretend they are democracies are coming to an end. These are the most corrupt forms of government known in history. They will no longer exist. We will see an admixture of dictatorships/monarchies and democracies.
Posted originally on the conservative tree house on July 5, 2022 | Sundance
Things are escalating quicky in the Netherlands [Backstory Here]. Video has surfaced of Dutch police opening fire with real bullets on an unarmed protesting farmer who drove his tractor around a police roadblock. [Source and Source]
Several reports from the Netherlands highlight government efforts to stop Dutch farmers from protesting and blocking transit points. As a result, Dutch farmers have been taking rural routes to their protest destinations and local law enforcement have been trying to stop them with police roadblocks.
Two videos appear to show large farming tractors, easily able to overcome traditional street curbs, driving around the one of the police roadblocks as a police officer opens fire and shoots twice at the second tractor. An image of a bullet hole in the cab of the tractor appears to confirm live rounds are being fired at the farmers. WATCH:
Posted on the conservative tree house on July 4, 2022 | Sundance
The politicians in Dutch government recently passed sweeping new climate regulations that will result in more than a third of farmers losing their business. The government announced a €25 billion plan to radically reduce the number of livestock in the country in order to curtail emissions.
As the Guardian reports, “A deal to buy out farmers to try to reduce levels of nitrogen pollution in the country had been mooted for some time,and was finally confirmed after the agreement of a new coalition government in the Netherlands earlier this week.” The plan is to reduce farming in the Netherlands, by a “one-third reduction in the numbers of pigs, cows and chickens in the country.” However, the farmers are fighting back.
The unorganized grass-roots groups have been randomly blocking roads and transportation hubs for the past three days. They have also been dropping truckloads of manure at the entrances of government businesses. In a show of solidarity, the fishing industry is now blocking ports. Additionally, the farmers are starting to block the distribution centers of supermarkets and key roads forming a cauldron where transit is at a standstill.
As grocery store shelves go empty, the government is now asking the military to intervene and stop the farmer blockades. However, the Dutch people overwhelmingly support the farmers. Things have evolved into a social and economic war between the farmers and Build Back Better government ideology chasing climate change goals.
(Reuters) – Dutch farmers angered by government plans that may require them to use less fertilizer and reduce livestock began a day of protests in the Netherlands on Monday by blocking supermarket distribution hubs in several cities.
Amsterdam’s Schiphol airport and KLM, the Dutch arm of Air France (AIRF.PA), have advised travellers to use public transport, rather than cars, to reach the airport, as farmers’ activist groups said on social media they planned to use tractors to block roads.
Several traffic jams were reported on highways in the east of the country and on ferry routes in the north, but none near Schiphol during the morning commute.
Dutch and European courts have ordered the Dutch government to address the problem. Farmers say they have been unfairly singled out and have criticised the government’s approach. Monday’s protest is widely supported by farmers’ groups but not centrally organised. (read more)
Distribution centers and supermarket chains are blocked everywhere. The shelves are almost empty. No farms, no food. Dutch farmers wins. pic.twitter.com/lhLfiym18N
Dutch farmers have blocked highways from other countries, cut off media, food distribution centres, fuel… and the fishermen have blocked the ports with their boats… the Netherlands is at a complete standstill
Posted originally on the conservative tree house on July 2, 2022 | sundance
Two weeks ago, a NATO blockade of Kaliningrad, an outpost of Russia, was triggered when Lithuania blocked the transport of goods through Suwalki corridor. According to the Lithuanian justification they were following through on NATO sanctions against Russian goods. However, the escalation was very provocative toward Russia and discussions between Russia and NATO countries were tense.
Apparently, Germany was increasingly concerned the blockade was creating a scenario where Russian military were going to escort the transport of railroad goods to Kaliningrad, and that would lead to escalated military conflict with Russia. “German Chancellor Olaf Scholz is eager to avoid unnecessary provocations of Russia. He has repeatedly emphasized that he would do everything in his power to ensure that NATO does not become a party to the war between Russia and Ukraine. German soldiers are stationed in Lithuania and could become involved in a possible conflict.” {link}
The EU has now dropped the blockade and the transport of goods between Kaliningrad and Russia will resume. The EU decision was made before the NATO meeting in Madrid concluded; however, it looks like NATO postponed the announcement until after Biden left in order to save face on the reversal of position.
GERMANY – The European Commission plans to issue a clarification that will allow Russia to resume sending supplies to the exclave of Kaliningrad via Lithuania. Berlin supports the idea, but some in Vilnius are not pleased.
[…] The move will put an end to a disagreement that had not only been a significant source of tension between Russia and Brussels – but also exposed deep rifts within the EU regarding the correct approach to Moscow.
[…] The European Commission clarification expressly applies to all EU member states, but it mostly only affects the situation in Kaliningrad. According to the document, Russia will be allowed to transport sanctioned goods to Kaliningrad, but only in amounts comparable to pre-invasion deliveries.
The policy that has been adopted by the Commission largely reflects the position of the German government. Berlin had been critical of the approach taken by Lithuania.
German Chancellor Olaf Scholz is eager to avoid unnecessary provocations of Russia. He has repeatedly emphasized that he would do everything in his power to ensure that NATO does not become a party to the war between Russia and Ukraine. German soldiers are stationed in Lithuania and could become involved in a possible conflict.
The rules for the transit of goods, Scholz said at the conclusion of recent NATO summit in Madrid, “must of course be established in light of the fact that this is about shipments between two parts of Russia.” The comment made it clear that Berlin has a different interpretation of the legal situation than the government in Lithuania. (read more)
Posted original on the conservative tree house on July 1, 2022 | Sundance
It is interesting to remember the recent comments from Christine Lagarde, the president of the European Central Bank, who outlined the EU energy crisis as the heart of the current inflation rate in the eurozone. Lagarde discussed inflation in Europe while drawing a distinction in COVID-19 spending between the EU and U.S.
Essentially, according to Legarde, the EU subsidized businesses to maintain employment; the EU covered payroll expenses during lockdowns, while the U.S. sent direct payments to the American people who were impacted by the lack of work (basically everyone).
Lagarde outlined this difference in spending approach to explain why the Eurozone inflation was less than U.S. inflation.
How long did that EU Central Bank explanation hold up? Approximately two months.
The U.S. inflation rate is currently estimated at 8.6%, and today the eurozone inflation rate just reached,…. wait for it,… Yep, an exact match at 8.6%.
LONDON (AP) — Inflation in countries using the euro set another eye-watering record, pushed higher by a huge increase in energy costs fueled partly by Russia’s war in Ukraine.
Annual inflation in the eurozone’s 19 countries hit 8.6% in June, surging past the 8.1% recorded in May, according to the latest numbers published Friday by the European Union statistics agency, Eurostat. Inflation is at its highest level since recordkeeping for the euro began in 1997.
Energy prices rocketed 41.9%, and prices for food, alcohol and tobacco were up 8.9%, both faster than the increases recorded the previous month.
Demand for energy has risen as the global economy bounced back from the depths of the COVID-19 pandemic and Russia’s invasion of Ukraine made things worse.
European Union leaders agreed to ban most Russian oil imports by the year’s end, driving a price spike. The 27-nation bloc wants to punish Moscow and reduce its reliance on Russian energy, but it’s also adding to financial pain for people and businesses as utility bills and prices at the pump soar. (read more)
Keep in mind, the EU and the U.S. are both chasing the climate change energy shift as dictated by the World Economic Forum in the Build Back Better program.
If you factor in the dramatic impact in both the EU and the U.S. from energy policy; and then if you calculate the COVID-19 spending as a percentage of the GDP from both economies; what you will discover is the direct similarity that creates the 8.6% inflation match.
The EU spent less on their COVID-19 programs. However, as a percentage of their economy they spent about the same as the U.S.
Joe Biden spent more, but the U.S. economy is bigger than the combined eurozone.
The inflation hitting the EU is almost identical to the inflation hitting the U.S. because the Russian energy sanctions are almost identical in impact to the EU energy sector as Joe Biden’s energy policy (a blockage on energy development) is to the United States.
The current similarity in the inflation rate between the U.S. and EU is specifically because politicians in both regions followed the exact same instructions from the World Economic Forum.
The outcome is ironically a global synergy as the economies of the EU and USA start to collapse.
None of this is accidental. All of this economic turmoil is running on an identical track -on a global basis- because the entire western plan was coordinated and followed. What we are seeing right now is the outcome of the “Build Back Better” roadmap. The “global inflation” is the outcome.
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