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 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.
Posted originally on the conservative tree house on June 19, 2022 | Sundance
The French parliamentary elections were held Sunday and delivered a surprising result for Marine Le Pen’s Rassemblement National party. The RN won 89 seats, far beyond what would be needed (15 seats) to have a consequential impact in the assembly.
FRANCE – […] The results would severely tarnish Mr. Macron’s April presidential election victory where he defeated the far-right to be the first French president to win a second term in over two decades.
The expected number of seats for Marine Le Pen’s Rassemblement National (90) amounts to a historic breakthrough. Only once under the Fifth Republic had the far right passed the threshold to form a group in the Assemblée (15 MPs), which allows for certain parliamentary resources and prerogatives.
The only time this happened was in 1986, when Ms. Le Pen’s father Jean-Marine Le Pen led a group of Front National MPs for two years. They were elected in the only ever legislative elections using proportional representation.
[…] Falling short of the majority forces Mr. Macron into tricky partnerships with other parties on the right to force through legislation. There could now potentially be weeks of political deadlock as the president seeks to reach out to new parties. The most likely option would be an alliance with Les Republicans LR.
[T]he number two of far-right leader Marine Le Pen, Jordan Bardella, hailed her party’s performance as a “tsumani.” (read more)
“The Macron adventure has reached its end,” Le Pen said. The group of National Rally MPs “will be by far the biggest in the history of our political family.” As a result, RN will be able to easily form a parliamentary group, which allows for more influence and speaking time.
The European Central Bank has announced that it plans to create a new tool to tackle the risk of eurozone fragmentation, which is the new term for divergence among member states. They are adopting this tactic out of fears of a new European debt crisis that is inevitable. From the very beginning when the EU Commission was charged with designing the Euro can to our conference in London in 1997, I warned that the promises that everyone would be paying the same rate of interest merely because they were creating a single currency was a complete fantasy. I further warned that this would lead to the collapse of the Euro if not the entire EU.
I explained that they were comparing the Euro to the Federal Debt of the US when the failure to consolidate the debts of the EU meant that the real outcome would be like the USA at the state level. A single currency did not mean that every state paid the same interest rates in the USA and that would be the ultimate reaction of the free markets. We are now in the 24th years of the Euro and its survival because deb stable post-2024.
The ECB’s decision has come as a surprise following an emergency meeting to address higher borrowing costs for many European governments on an uneven playing field. The ECB made a statement:
“Since the gradual process of policy normalization was initiated in December 2021, the Governing Council has pledged to act against resurgent fragmentation risks.”
“The pandemic has left lasting vulnerabilities in the euro area economy which are indeed contributing to the uneven transmission of the normalization of our monetary policy across jurisdictions,”
The comments are trying to explain the recent surge in bond yields over the past week or so as capital is starting to smell a rat. ECB has implied a more aggressive policy tightening is coming but it still failed to deliver any new measures that would support the growing unrestrained debt load. With Green governments seizing power, and the absurd sanctions on Russia, it is hard to see where there is any understanding of fiscal management on the horizon.
European capital is now very concerned about financial “fragmentation” meaning the disparity among member states in interest rates. There is clearly a rise in rates in Southern Europe compared to northern. The ECB is now saying that it will “reinvest redemptions” from its emergency bond-purchasing program. So in other words, it will NOT reduce its balance sheet concerning bonds that are under pressure for that will force greater disparity ahead – i.e. fragmentation.
The ECB claimed that its commitment to the euro is its anti-fragmentation policy. They have said that this commitment “has no limits.” Previously, Southern EU states faced materially higher borrowing costs in the wake of the sovereign debt crisis back in 2011. This is a complete disaster for the failure to have consolidated the debt meant that their idea of one monetary policy for 19 different fiscal positions cannot possibly work. I tried to explain to them from the beginning that the 12 original branches of the Fed were independent and they would raise or lower rates depending upon the regional impact. It was Roosevelt who usurped that authority and created one rate for all in 1935 creating the new head branch in Washington.
The yield on the Italian bonds traded over 4% and has broken through the Downtrend Line. While people hope that the ECB’s announcement in this unscheduled emergency meeting means they will be in control, this is more like the 5-time-divorced soul getting married again for the sixth time confirming that hope can triumph over experience. The broader long-term is that borrowing costs will have nowhere to go but higher.
The ECB’s decision to reinvestment what it previously bought merely confirms that there is a serious sovereign debt crisis unfolding.
Honestly, these lies and propaganda coming from the United States and Europe is just a slap in the face and it demonstrates that they look upon us as the BRAIN-DEAD Great Unwashed. Too stupid to understand even how to live without their orders. The Biden Administration and the EU are desperate to blame everything on Putin from inflation to food shortages. Charles Michel, president of the European Council is an absolute disgrace and if politicians could be charged with perjury for lying to the people, he would be in prison for the rest of his life.
The food shortages and the rise in civil unrest along with authoritarianism was put out by our model in 1985 as was the forecast back then that 2016 would be the first time a third-party president could win. That was forecast decades before we even knew who it was. It was the economics that put Trump in office. I spoke to politicians after the election. They called it a fluke because they did not want to admit it was a vote against them – not for Trump as a person.
We also put out the forecast that BREXIT would win. Nigel Farage came as our guest speaker to our 2019 WEC in Rome and it not only called our events the “alternative to Davos” but that he had to come for we were the only ones forecasting BREXIT would win. All of these forecasts are economic-based. They are NOT my personal opinion. Historically, people vote based on their economics. Herbert Hoover was elected in 1928 and was in office only 8.6 months before the Great Depression began. It really had nothing to do with his policies. Nevertheless, the people named their shanty towns – Hooverville.
The sheer audacity of the bald-faced lies of Charles Michel blaming “Russia alone” for the food crisis which was set in motion by the COVID lockdowns well before the Ukrainian war is simply beyond belief that he assumed we are that stupid. was responsible for the food crisis. I cannot tell you how many emails I got from farmers who had to kill even 30,000 chickens, and bury their crops, all because of the COVID lockdowns that prevented truckers from delivering food. Remember the trucker protest in Canada? Even crude oil production in the West, aside from Ukrain, is still below pre-COVID levels because there is also this Climate Change Agenda underway which will rise energy and food prices without Ukraine. Even in Australia, they now proclaim that the Greens have the MANDATE to stop new oil and gas projects. But this is all Putin’s fault – not Western politicians be they red, blue, or green. Germany’s Green Policy has been a total failure.
Charles Michel claimed actually said: “Mr. Ambassador of the Russian Federation, let’s be honest, the Kremlin is using food supplies as a stealth missile against developing countries.” The US has clearly coordinated this line of nonsense for we see the same thing coming out on the US side. The US and the EU have coordinated to blame all their inflation problems on Putin, Russia, and the Ukrainian War which they could solve in one day as Henry Kissinger said – hone the Minsk Agreement and the people of the Donbas vote if this is about democracy v authoritarianism which is another BS ploy.
Let’s stop the propaganda. A French journalist who returned from Ukraine after arriving with volunteer fighters told broadcaster CNews that Americans are directly “in charge” of the war on the ground. The assertion was made by Le Figaro senior international correspondent Georges Malbrunot. Malbrunot said he had accompanied French volunteer fighters, two of whom had previously fought against ISIS. “I had the surprise, and so did they, to discover that to be able to enter the Ukrainian army, well it’s the Americans who are in charge,” said Malbrunot. Everyone knows this is really a war of the USA v Russia and the American neocons will fight to the death of every last Ukrainian. As long as they do not send American Troops, then it is not an act of War that only Congress can authorize – not Biden.
The Russian UN Ambassador walked out of a Security Council meeting after the European Council President accused Russia of engineering a food crisis with its war on Ukraine. Quite honestly, all the propaganda coming from Europe and the United States is so obviously intent upon causing international war. They better pray that Putin survives, for the second tier of potential leaders will play real hardball. There are those who call the bluff of the EU and the US and use a tactical nuke and take out Kiev (Russian spelling). They say: “OK! Who is next?” Three nukes would take out the entire East Coast of the USA and it would take just three to wipe out Europe. One would be sufficient to take out Britain. Perhaps you will recall that one nuclear Russian sub has 60 ready to go. Just what the hell are these people doing?
Michel also said that “The dramatic consequences of Russia’s war are spilling over across the globe This is driving up food prices, pushing people into poverty, and destabilizing entire regions,” If you are already blaming Russia for something it has not done, then they might as well do it. Cut off all grain sales to any unfriendly nation and turn off the gas for Europe and watch the civil unrest drag people like Charles Michel to the streets from his comfortable seat. Boris Johnson may have survived a No-Confidence Vote, which was a disgrace to start with, but the sheer fact that a No-Confidence Vote was brought shows the rising discontent which will burst through into civil unrest by 2023.
I have ALL the declassified documents with phone calls and notes concerning Putin, how he came to power, and how everything they say about Putin publicly today is opposite of all the declassified documents. The level of propaganda today is just off the charts. This is all a VIOLATION of international law. The UN Commission on Human Rights and internationally recognized international law expert Alfred de Zayas, who is actually absolutely correct, has said publicly that the USA should be brought before the International Court of Justice because of its sanctions policy which is illegal and has caused this entire crisis of inflation.
Former Brazil’s President Luiz Inacio Lula da Silva speaks at Forca Sindical Congress in Sao Paulo, Brazil December 8, 2021. REUTERS/Carla Carniel
Former Brazil’s President Luiz Inacio Lula da Silva speaks at Forca Sindical Congress in Sao Paulo, Brazil December 8, 2021. REUTERS/Carla Carniel
Former President Luiz Inácio Lula da Silva, who plans to run again in the 2022 Brazilian Presidential Election, believes Zelensky is equally responsible for the ongoing war. “I see the president of Ukraine, speaking on television, being applauded, getting a standing ovation by all the [European] parliamentarians,” he said when speaking to Time. “This guy [Zelensky] is as responsible as Putin for the war.”
Lula believes Zelensky made a fatal misstep by failing to promise he would not seek to join NATO. Furthermore, he believes that he should have negotiated a settlement with Russia’s Putin long before the fighting began. “We should be having a serious conversation. OK, you were a nice comedian. But let us not make war for you to show up on TV,” Lula said, claiming the Ukrainian president simply wants more fame and attention.
Current Brazilian President Jair Bolsonaro has not condemned Putin’s actions. Vice President Hamilton Mourão claimed, “Brazil was not neutral,” but Bolsonaro quickly corrected that statement. “It is my decision, but I want to hear from people who are actually ministers to deal with these issues. We are for peace, we want peace. We traveled in peace to Russia. We had an exceptional interaction with President Putin,” he said, stating that Brail will not be taking sides. In fact, Bolsonaro traveled to Russia a week before the conflict began and spoke highly of his “friend” Putin.
Regardless of the West’s stance, Brazil does not appear poised to enter the conflict anytime soon. Brazil is likely more interested in securing lucrative deals with Russia now that they have been shunned from the global economy.
Posted originally on the conservative tree house on June 8, 2022 | Sundance
Brazilian President Jair Bolsonaro wasn’t just throwing shade at the 2020 election outcome for Joe Biden, Bolsonaro seemingly ponders the question about how many western leaders might be the result of WEF manipulated elections. All things considered; it is a valid question.
SAO PAULO, June 7 (Reuters) – Brazilian President Jair Bolsonaro on Tuesday cast doubt on the 2020 election victory of U.S. President Joe Biden, just two days before they are due to meet for the first time during the Summit of the Americas.
Bolsonaro, an outspoken admirer of former President Donald Trump, said in a TV interview that he still harbors suspicions about Biden’s victory and he again praised Trump’s government.
In 2020, the Brazilian leader voiced allegations of U.S. election fraud as he backed Trump. Bolsonaro was also one of the last world leaders to recognize Biden’s win.
“The American people are the ones who talk about it (election fraud). I will not discuss the sovereignty of another country. But Trump was doing really well,” Bolsonaro said. “We don’t want that to happen in Brazil,” he added. (read more)
With the totalitarian comfort we have seen from multiple western governments’, in both scale and scope, it does make you wonder just how far they would be willing to go to retain power. After all, there are trillions at stake.
The European Union failed to consolidate debt when creating its European utopia. Policymakers are solely to blame for creating their debt crisis, and it is hard to believe that no one saw this coming. The creation of the euro and European Union was so poorly planned that it is another example of comedy writing itself.
The European Central Bank (ECB) has a major crisis beginning. The free markets always win, and the spreads on the interest rates among the member of the EU are widening for Greece and Italy. Fools are telling Lagarde to use stronger language to signal that divergences among the member states will not be allowed to take place. The borrowing costs of more vulnerable countries such as Italy and Spain cannot be contained.
When they were creating the euro, the Commission attended our 1998 London Conference — the same one when I warned that Russia was about to collapse. It was then when I had a discussion with them, warning that a single currency WOULD NOT produce the same interest rate for all.
All the talk was that a single currency would set a single interest rate. I tried in vain to explain that would never happen. They were comparing it to the US federal government and I made it clear that they were not consolidating all the national debts and this meant that there could be no single interest rate and the difference in the currency would be transferred to the bonds instead. They simply refused to listen because that was one of the selling points to get the euro going.
It did not matter, they just wanted the euro at all costs. Now we see the widening of the spread and one central bank cannot impose a single interest rate any more than the Federal Reserve can control the interest rates all 50 states must pay to borrow money. In the United States, Massachusetts has the highest debt per capita in the country at about $11,130 with a AA rating while Tennesse has the lowest at about $875 and has a AAA rating.
The ECB knows it is facing a nightmare. The ONLY possible solution is to consolidate all the national debts of the member states and that would then become federal. Only then could it possibly be on the same footing with the dollar. Back then, the Bundesbank was against the euro. They were feeding us all the notes of the meetings because they really could not come out and speak. The Bundesbank understood the potential long-term crisis, and they opposed the merger of national debts.
So here we go again. COVID set off the fuse; Ukraine is the time bomb about to explode. As the soothsayer warned: Caesar beware!
The Canadian National Post has reported on the rising concern that the World Economic Forum is making all the calls as to what the Canadian government should do. They admitted that this question has “gained remarkable currency among Canadian[s]” particularly since the events of the Freedom Convoy. While they concluded that the WEF is not controlling Canada, implying this insanity is all the brainchild of Trudeau, they admitted that “it’s not entirely crazy to jump to the conclusion that an international cabal of ultra-elitists is secretly pulling the strings on world affairs (particularly when they keep claiming as much).”
I recently finished another documentary where I was actually asked: “Would you debate Schwab?” I answered “Yes!” I explained that throughout my career, I have been butting heads with academics worldwide. The ONLY one I met who was actually interested in how the world functioned was Milton Friedman who I cherish his autographed photo I keep on my shelf – not a bust Lenin as is the case with Schwab, which really is on his shelf.
I was impressed with Milton Friedman who came to listen to me speak in Chicago. When I was finished, he came up and said: “Hello. I’m Milton Friedman. That was the best speech I ever heard.” I was probably the largest foreign exchange adviser in the world. That is what made my company so famous. I have told the story before that prior to 1985, I was in Geneva having lunch with the head of one of the major banks in Switzerland. I had prepared a list of names like European Advisers I was going to open an office in Europe. I asked his advice on what name to use. He told me to name one European analyst. I was embarrassed for I could not. I apologized and said I’m sure there must be, but I just did not know of any. He chuckled and said there were none.
He then explained to me how currency had become political so no analyst working for a bank would dare say that their currency would decline. That would have been a political statement against the government. After World War II, politicians used their rise in the currency as a political validation that their policy was correct and so vote for them.
He said to me, that the reason everyone uses you is that you “do not give a shit if the dollars goes up or down!” He explained to me why we had become so big on a global scale. As an American, saying the dollar would decline or rise was not a political assault upon the government. Nobody ran for office claiming the dollar was up against the Mexican Peso so vote for me! They would have e been laughed off the stage. It was another lesson in life that you cannot judge others by yourself.
As fate would have it, I had a client who was a senior VP at Franklin National Bank, which was once the United States’ 20th largest bank. Most people have no idea but in 1951, it was Franklin National Bank in Long Island, New York, that issued the first card that most resembles today’s general-use credit cards. For the first time, customers could purchase items and pay them off quickly or be charged interest if the debt carried over. Participating merchants had to pay a fee for each card purchase. By 1952, about 28,000 customers and 750 businesses had signed up for the card which eventually became the Mastercard. The concept started spreading that same year when a bank in Michigan licensed the charge card program from Franklin. The idea was so popular, that in 1958, American Express launched its first charge card.
On October 8, 1974, it collapsed in obscure circumstances, involving connections to the Italian Michele Sindona who was alleged to be a Mafia banker. It was at the time the largest bank failure in the history of the country. Because I knew futures and international finance, I was asked to take a look at the problem the bank had. The bank failed on a 10% move in the Italian Lira. Nobody seemed to understand international finance back then. Currency futures began trading on May 16th, 1972 following failed negotiations to reestablish a fixed exchange rate system. Thus being a trader, my client Walter Zenergle, asked if I could take a look at the problem. it was clear, that nobody yet understood about hedging risks except those of use who were traders.
The academics dealt in theory. Traders had to learn from their mistakes. After the failure of Franklin National Bank, it seemed that whenever there was an issue with currency, I seemed to get the call. When the Asian Currency Crisis hit in 1997, I was asked to come to Bejing to meet with the central bank. I was surprised that they had not called in some academic from Harvard. But went I got there, I discovered they had sent their people to work around the world on trading desks. They then returned to run the central bank. When I was asked by guys in the Fed and the US Treasury what was my impression of the Chinese central bank, I responded: “I was impressed. They only hired people with experience.”
The problem with academia has always been that it is entirely theory without any real-world experience. That is what impressed me about Milton Friedman. He came to listen to me speak to LEARN what was happening in the real world. Milton had said to me also that day, that I was doing what he only dreamed about. In 1953, he proposed a floating exchange rate system whereby the free markets would impose checks and balances against the policies of the government. Nilton has been the ONLY academic I have ever met that bothered to investigate rather than theorize as did Marx and even Keynes and certainly Schwab.
Unfortunately, Trudeau is listening to Schwab. Canada, Australia, and New Zealand as well as Europe are following the directive of Schwab. He is NOT in actual control. But the people running these political bodies are kissing his ring as if he is the godfather of economics.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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