Posted originally on the conservative tree house on August 18, 2022 | Sundance
Last Saturday’s weekly monologue by Neil Oliver was a tremendous hit, helping to awaken millions of people from multiple nations about the true intent of this new governing system as promoted by policymakers on behalf of corporate interests [SEE HERE].
Earlier today (UK time) GBNews host Mark Steyn had Mr Oliver appear in studio to expand the conversation. What results from Steyn and Oliver is a brilliant segment outlining the nature of this new governing system. A system structured on the standard that disconnected policymakers are legislating to the needs of corporations.
When you remove the old “representative democracy” scales from your outlook and replace the lens with an understanding that representation now means representing the needs of multinational interests, almost all of the contradictions reconcile.
From that perspective, the Build Back Better or Green New Deal (climate change) agenda is not about replacing the system of energy production with a green system that duplicates the output. The intent of the new program is to produce less energy and then modify the uses of the now limited resource. In one of the examples given, 30 million gasoline powered cars are not expected to be replaced by electric vehicles, a personal transportation system of far fewer vehicles is the goal. WATCH (prompted):
Posted originally on the conservative tree house on August 18, 2022 | Sundance
As a result of western governments’ taking collective action under the auspices of a ‘climate change’ agenda, we are on the cusp of something happening with ramifications that no one has ever seen before.
Western governments’, specifically western Europe, North America (U.S-Canada) and Australia/New Zealand, are intentionally trying to lower economic activity to meet the intentional drop in energy production.
This is the core consequence of the Build Back Better agenda as promoted by the World Economic Forum.
Anyone who says there is a reference point to determine both the short-term and long-term consequences is lying. There is no precedent for nations’ collectively and intentionally trying to reduce economic activity.
Hiding behind the false justification that current inflation is driven by too much demand, central banks in Europe, the Bank of England, Bank of Canada and U.S. federal reserve are raising interest rates. The outcome we are currently feeling is an intentional economic contraction and global recession.
The Build Back Better monetary policy is successfully shrinking western economic activity; however, the impacted nations that produce goods for markets in North America and Europe, specifically southeast Asia, Japan and China, are not raising interest rates in an effort to try and offset the drop in demand. China has announced they are dropping their central bank rates in a desperate effort to lower costs and keep their export dependent economy working.
Underneath all of this, is a drop in energy production in the same nations trying to lower economic activity. The political policymakers are attempting to manage this process without informing the citizens of the unspoken goal. Shortages of oil, coal and natural gas are self-inflicted problems, all part of the BBB agenda.
Beyond the massive increases in energy costs, which is the true source of inflation and a direct/intentional outcome of the BBB effort, Europe is now facing a looming winter without the energy resources to heat homes and sustain people. Things are going to be very uncomfortable in Europe this winter as roaming brownouts are now predicted.
As the collective west attempts to, using their words, “manage the transition,” they do not have mechanisms to control an outcome of this magnitude. It is simply too big a situation to manage. Where the rubber meets the road, the think-tanks and high-minded climate change ideologues do not have the ability to manage a transition and still meet the needs of people. Beyond the esoteric thinking, there are real consequences from these actions.
Many people have discussed the potential for longer-term food shortages and recently, shorter-term winter heating. However, beyond that, the downstream geopolitical consequences are seemingly being ignored. Instead, what we see is an effort to keep pretending the climate change ends will justify the means (disruption of energy production).
In this connected world, when the western nations stop buying things, we find ourselves domestically with economic trouble. Businesses fail, unemployment rises, financial stress ripples throughout the economy, dependency on government subsidy increases and real pain is felt. However, beyond the domestic issues the supplier nations run into even bigger problems.
Unemployment in Malaysia, Vietnam, South Korea, Japan, Taiwan and even China, creates an entirely different set of regional stability issues on a geopolitical level.
There is no precedent for this. Never before in the history of industrialized nations has any government intentionally tried to lower its economic activity. It has never been done with intent before because within the contraction nations get more poor, people suffer.
Not only has no single nation ever tried to intentionally shrink its wealth, but there is no precedent whatsoever for an alliance of nations to join together with the same purpose. While this might seem like an academic economic modeling exercise, unfortunately it is very real. What I am describing is happening right now, and we had better start talking about it before the unforeseen consequences start to become a crisis.
In North America (U.S-Canada), Europe and Australia, there will continue to be massive increases in food prices as a result of the collapse in energy production. Beyond the western nations there will be food shortages as a result of lowered harvest yields and less industrial food production. This is not controversial.
It is also not controversial that regions with harsh winter climates are going to be paying much more for scarce heating resources.
That being accepted, what happens geopolitically, even militarily, when the entire global economy starts to feel the impacts from western nation economic contraction on a scale -created by collective action- that has never been seen before.
I have no idea what that big picture consequence looks like, but whatever “that” is, will be happening at the same time as people everywhere will be more desperate as an outcome of their economic position. I don’t have the answers, but I sure as hell can see the problem coming.
Political leadership in the aforementioned western nations are seemingly, perhaps intentionally, keeping people distracted with domestic shiny things to occupy time. However, someone needs to start talking about, and seriously challenging, the big picture consequence of this Build Back Better future, before it’s too late.
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.
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.
Consumer price gains hit their highest level since January 1983 in Canada. The news comes one week after the Canadian central bank surprised the markets by implementing a 100 basis point rate hike. June’s 8.1% inflation rate acted as another indicator that the Canadian economy is in trouble. The BoC is expected to raise rates by an additional 75 bps at the next meeting, but the central bank cannot solve this problem alone.
Canada is expected to post a 2% deficit in GDP this year, making it the poorest among the G7 nations. Finance Minister Chrystia Freeland announced that the nation would pull back on pandemic spending, which doubled Canada’s national debt. The Bank of Canada is relying on Freeland and the Trudeau Administration to reduce spending. Who will vote for Trudeau if he stops providing free handouts?
Rising interest rates are hiking up the price of debt servicing. Canada is still pushing for additional health and military spending and sending endless funds to Ukraine. Inflationary pressures will lead the people to look to the government for additional relief as they have provided it in the past.
Gas prices have increased 54.6% in the past year, natural gas and oil rose 38.8%, and food has spiked 8.8%. The hashtag #JustInflation has been spreading across social media as people are increasingly frustrated with Trudeau’s lack of response to the rising cost of living.
Yet another shake-up among Schwab’s leaders. Estonia’s Prime Minister Kaja Kallas stepped down from her role on a technicality before being reappointed a day later. Kallas’ Reform Party reached an agreement with the Social Democrats and Isamaa Party to form a new three-party coalition.
Estonia shares a 180-mile border with Russia and has strongly supported Ukraine before the war began. Estonia is a small nation with a population of around 31 million and a GDP of $36.29 billion USD. Their inflation rate is among the highest in Europe after spiking to 22% in June.
Estonia has a large Russian population but has the comfort of being a NATO nation. The new government is aiming to eliminate their Russian ties by banning Russian from being spoken in school. Russians and Belarusians now have a more difficult time immigrating to Estonia or even traveling there without a visa.
Estonia is cracking down on potential spies or intelligence agencies at the border. The poster above has appeared around the border, with the government encouraging people to turn in anyone who they suspect is involved with Russian intelligence agencies. Kallas also has the epigenetic fear of her neighbor as her mother, grandmother, and great-grandmother were once deported to Siberia. The small nation will use its strategic position to help the West’s proxy war, and Kallas herself said that negotiating a peace deal with Putin is off the table.
Housing availability dropped by nearly 50% from December 2021 to March 2022. The situation worsened once borders reopened as visa holders and tourists re-entered the nation. The vacancy rate, according to the CBD, has declined to 1.5% after peaking at 5.7% during the pandemic.
Some estimate that the “economic time bomb” of under-investment in affordable housing will cost taxpayers A$25 billion per year by 2051. Housing All Australians founder Rob Pradolin believes this figure is closer to A$110 billion, and believes a $55 billion investment could deliver a 2:1 cost-benefit ratio. At least 2 million Australian low-income households will be under “housing stress” by 2051. That is an optimistic forecast.
Similar to America, the UK, and many other nations, shelter inflation has caused housing costs to become one of the biggest budget expenses.
Prime Minister Scott Morrison has been accused of being out of touch by suggesting Australians simply buy a house. That is simply not possible for many, especially after the government-imposed lockdowns and shuttered countless businesses during COVID. Morrison has suggested allowing people to access their super (similar to pensions) early in order to purchase a home. Superannuation Minister Jane Hume said that this would result in rising home prices. Labor leader Anthony Albanese also criticized the plan by calling it a desperate “attack on future savings” and future generations. “If you take super away from people, then you’ll have higher deficits and bills from the government in the future,” he told reporters.
Oddly enough, Mr. Morrison vacated his own home, branded “Squat Morrison,” after losing the election to Albanese and taking his time leaving the property.
Unfortunately, Albanese has a worse plan in mind. Low-income residents will have the opportunity to buy a home, with the help of Big Brother government. The government will pay between 30% to 40% of total housing costs for 10,000 buyers annually. Instead of paying back the banks, the people must pay the government back if they can afford to do so.
Posted originally on the conservative tree house on July 10, 2022 | Sundance
Despite the U.S. media not giving any time, attention or discussion to the rise of farmer protests in Europe, everyone should pay attention because the same climate change goals being enforced in the European Union are coming to North America.
The global food manipulators within the World Economic Forum have established the farming policy that aligns with their climate change goals. As noted in this Sky News discussion this is the Great Reset. It’s not just Netherlands Prime Minister Mark Rutte pushing the agenda, in 2020 Canadian Prime Minister Justin Trudeau gave an identical outline, with an identical timeline, for the exact same process [SEE HERE]. The collective WEF political leaders are all singing from the same hymnal.
In this discussion and interview segment, the spokesperson for Netherlands, Agricultural and Horticultural Organization Wytse Sonnema, outlines why there is such a broad sense of “frustration, anger, even despair” amongst farmers amid proposals for nitrogen reduction target plans. This will be coming to North America soon. WATCH:
In very simple terms, the politicians cannot reduce the farming process for industrial food production without reducing the farming yield. It is just commonsense.
You do not need to be a farmer to understand that nitrogen/phosphorus-based industrial fertilizer has been the reason why farm yields have generated massive amounts of food on a global basis. The United States, U.K. and places like the Netherlands have massively increased their ability to generate food for export, in large part due to the success of improved fertilizer and crop saving modern pesticides.
Larger discussion continues below….
It is a simple matter of math that if North American and European farmers are forced by climate policy to reduce their food production, there will be a shortage of food.
There will be a significant gap between the food needed and the new climate driven limits on commercial food production.
This intentional curtailing of food production, that creates the purposeful shortage of food, is where Bill Gates, the WEF and the synthetic meat and bugs for food advocates enter the picture. It appears the plan is to replace the missing global calories by changing the food supply. Changing what and how people eat.
Lab grown (synthetic) meat, nut/soy milk to replace dairy and bugs being used as replacements for protein sources are three approaches advocated by the climate change advocates that you are likely familiar with. However, as we saw in the pandemic response to food consumption, there is going to be a massive problem as the WEF attempts to shift food delivery within their Great Reset.
Think of the United States like a massive global farm and in this context the parallels between the U.S. and the Netherlands are quite remarkable.
Specifically, because of advancements in farming over the past two decades the United States food production has increased massively. The same is true for North America as a whole with Mexico and Canada included. Industrial farming advancements have made it possible to export billions of tons of food every year from our farms in North America to the rest of the world.
The Dutch farmers are like the U.S. farmers in their high productivity. In fact, the Netherlands is the second biggest agriculture and food exporter in the world. Even with a small population of 17 million people, the Netherlands has consistently been among the top contenders in the food export market {LINK}. The reason is simple, they are good at it.
Dutch farmers, like American farmers, are excellent at producing food. The Netherlands is one of the largest countries in the world when it comes to the export of agricultural goods such as meat, dairy, eggs, vegetables, and fruit. Unfortunately, this is why the climate change activists in the World Economic Forum have targeted them.
The Dutch farmers do not have as good a political shield as the U.S. farmer have via lobbyists. The reason the Dutch farmers have more vulnerability on a political front is because there are far more independent farmers who operate without the influence of large multinational agricultural corporations.
In the United States farming is Big Corporate Agriculture. Those massive ‘for profit’ multinational corporations have massive lobbying power in congress. If Biden wants to drop U.S. food production, for now he is going to run up against the interests of Big Ag, who make money from exports and control of U.S. farm harvests. In the Netherlands, the farmers are more independent, that makes them more vulnerable to the political influences.
It’s a weird dynamic, but U.S. farmers are both exploited by, and somewhat protected by, the Big Ag mafia. The Dutch farmers have remained stubbornly independent in their operations with less multinational influence. Unfortunately, right now that makes them less represented in the politics of the European Union.
The Dutch farmers are fighting back against the climate change politicians in the only way they can, a grassroots uprising. This is the battle right now in the EU, and the Dutch are being joined by their brothers and sisters in Germany, Poland and Italy. {Source}
This is not just a battle within the Netherlands and the EU to save farmers, this is a battle over the future of food in the world.
The western politicians, those who assemble under the banner of the World Economic Forum, want a world where ‘climate change’ policy drives the dictates of all human activity. Essentially, a government policy position that allows politicians to control the behavior of humans under the guise of climate mitigation. Ultimately it is the control part of this dynamic that is more important than the climate aspect.
The stakes in this Dutch farming protest are much bigger than just Dutch farmers.
If the farmers lose this war, we are all one step closer to eating bugs and fake meat.
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Can you see how all of these ideological policies converge?
QUESTION: Mr. Armstrong, it has become so apparent that sites like _____ always promote gold so they refuse ever to quote you for they are doing the very same thing of creating a cancel culture. It is their commentary or nothing else. I have stopped reading them. Then you said that your computer showed this was a year of worldwide political chaos. The events in Sri Lanka and the collapse of the British government seem to be only a tease for the midterm elections.
On top of all of this, Socrates targeted Ukraine as the hot spot and that was in 2013. I attended your 2017 Euro conference in Frankfurt. Here is a photo if you don’t have one. I admit I was skeptical of your forecast back then. You were correct when nobody else saw this collapse coming. It seems as plain as the nose on our faces that there are some fools desperate to try to prevent people from listening to the forecasts of Socrates. That means only one thing. They are trying to manipulate the world in their own direction. If they refuse to ever quote you on gold and others are constantly trying to bash you for whatever they can twist, this means that Socrates has been right and they have been wrong.
Our politicians here in Europe are only preaching war. I concur that this appears to be a cover-up for the financial crisis they have created. Looking at Sri Lanka and how the people rose up in the face of hyperinflation because of their default on the debt, is a warning I think. Is this the same dark future for Europe since they destroyed the bond market here? Can you shed any light on our future?
Respectfully, from Frankfurt
HM
ANSWER: The negative interest rates since 2014 has destroyed the European sovereign debt market. The REPO Crisis of 2019 was US banks refusing to lend to European. I can confirm that the top banks in NYC will no longer accept any EU sovereign debt as collateral. So Europe is there now as Sri Lanka but the ECB still has some confidence at this moment. But that does not look to be sustainable. We are probably looking at the final collapse by 2027.
A lot of people from Germany are buying land in Uruguay and Paraguay. It appears while people are flocking across the border here in the US with free money as long as they vote Democrat, but the US will probably reinstitute the draft and these newly created Democrats may find themselves dying on the battlefields of Europe. Then there is a silent exodus unfolding behind the headlines for the places that seem to be out of the way of this political chaos/war is South America and Africa.
Yes, our computer had targeted 2022 and a Panic Cycle in global politics. We are cursed with politicians who are only concerned with their own power and not the people or their countries. They are pushing for war as a distraction from the financial crisis they have created borrowing year after year with no intention of ever paying anything back. We have seen the impact of this policy in Sri Lanka, Pakistan, and Lebanon. It will get far worse for this economic system is collapsing.
This is a game of distraction. All they are doing is trying to create issue after issue to distract us from their economic decline. They have listened to Schwab and his WEF because he is preaching authoritarianism which will keep them in power, end democracy, and control society with an iron fist because this system is collapsing.
What they are counting on is that war with Russia will be contained conventionally and that they BELIEVE they can in fact wipe Russia from the fact of the earth as the head of the UK Army has been instructing British troops. A friend here in Florida had their son enlist and now he has been told to prepare for war in Europe. These people want war. They see this as their escape plan to prevent the financial collapse where we storm their palaces and start swimming in their pools.
They are trapped. This is their plan to retain power. Schwab has even told you that upfront – end of democracy. They are on a course to totalitarianism. They have destroyed the world economy already with their sanctions. Yet their fatal mistake will be that they will be defeated in war and it will NOT remain conventional.
They are playing Russian Roulette, but there is more than one bullet in the chamber.
Posted originally on the conservative tree house on July 9, 2022 | Sundance
It was not long ago when we noted the absence of food will change things. While Dutch farmers are fighting the government and trying to keep producing food, in Sri Lanka the shortages of food and fuel have reached a boiling point. Angry citizens have taken control of the presidential palace, set fire to the Prime Minister’s house, and overwhelmed government offices.
Fearing for his life, “Sri Lankan Prime Minister Ranil Wickremesinghe said he would resign after just two months in office after protesters stormed and occupied the president’s residence and office amid public anger over the country’s deepening sovereign-debt crisis.” (WSJ link)
The U.S. State Department and the ambassador to Sri Lanka, Julie Chung, are asking for protestors to remain peaceful as if their hunger is ‘transitory’. However, videos from the country highlight the futility of platitudes amid tens of thousands of angry citizens who are desperate. It is a hot mess that’s likely to surface in other nations quickly.
(Via WSJ) – Braving tear gas and water cannons in the capital, Colombo, protesters—many waving the national flag and wearing helmets—also entered the president’s office on Saturday, in one of the largest antigovernment demonstrations in the country this year.
Television news footage showed large crowds overrunning security barricades before breaching the official residence of President Rajapaksa. Some were later seen taking a dip in the compound’s swimming pool. Videos purportedly filmed by protesters and shared widely on social media showed scores of men rifling through drawers, sitting in chairs and lounging on a four-poster bed inside a bedroom of the residence. One man was shown doing bicep curls in a gym. (more)
The crisis had been building for weeks as the protesting crowds had continued to get larger.
As noted by the Wall Street Journal report, “responding to calls by protest organizers to congregate in Colombo for mass demonstrations this weekend, Sri Lankans from far and wide improvised around acute fuel shortages by piling into semitrailer trucks, trains and overcrowded buses to reach the capital. Some walked miles to join the demonstrations.”
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This next video shows how large the crowd was just before they stormed the buildings.
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There is no way to stop a crowd of this size. I’m not sure how many people are in/around that compound, but it looks like hundreds of thousands.
Violence is not an answer. If you are going to protest, please do so peacefully. And reminding military & police to grant peaceful protesters the space and security to do so. Chaos & force will not fix the economy or bring the political stability that Sri Lankans need right now.
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