Globalism v Nationalism – Last Weekend Hungary, Tomorrow France Round One


Posted originally on the conservative tree house on April 9, 2022 | Sundance

Last weekend, it was the Hungarian election that surfaced as the first contest between globalism -vs- nationalism in the “post-COVID” era.  This weekend, it is the election in France that will indicate how the French people feel about similar issues of the totalitarian, fascist or corporate state, i.e. “globalism.”

There are a multitude of parties and coalitions in France represented by multiple candidates.  However, if no candidate wins 50% of the total vote tomorrow, only the top two candidates will advance to the second round national election on April 24th.  Those top two candidates are likely to be current French President Emmanuel Macron (globalist wing) and Marine Le Pen (nationalist wing).

Currently Macron holds around 25% and Le Pen around 23% (individually) for the first round, with multiple candidates holding smaller percentages of the remaining vote.  Therefore, it is almost certain that Macron and Le Pen will advance to a head-to-head matchup on April 24th.  That’s when things will really become important for the larger battle of globalism v nationalism.

The two candidates have faced off before, however, this time the pandemic response by Emmanuel Macron could likely tilt the election in favor of Le Pen.

SIDEBAR – I predict we will see Barack Obama enter the French presidential election again, as an influence agent, between Monday of next week and April 24th, just as he did the last time in order to try and convince the French people to stick with Macron.  Foreign interference in national elections (think Russia interfering in U.S. elections) is a horrible thing, a terrible threat to democracy, except when the U.S. globalists need it.

When the U.S. leftists, Democrats, need to influence the Canadian election, suddenly election interference is a good thing.  When the Democrats need to influence the Mexico election, no big deal. When the U.S. leftists need to influence the French election, or Egyptian election, or Israeli election, or U.K. election, no biggie, no biggie, no biggie.  Their hypocrisy is boundless when they know the media will let them pretend not to know things.  Watch for it, I’ll bet one donut the U.S. will pull out all the stops to support Macron. I digress…back to the point of current France.

During his pandemic response, Macron went totally overboard.  He was the first one to announce (July 2021) that a vaccine passport would be needed in order to shop, drink, eat at restaurants, travel or worship.  Many other western, fascist totalitarian dictators, the new democracy leaders, followed soon thereafter.  Macron’s ideological fiats may come back to haunt him. We can hope.  The French people were not happy with this unilateral decision, and it showed people how quickly some leaders will become dictators.

President Macron took that dictatorship even one step further in January of this year, and this is likely the biggest problem for him right now.  In January he announced that any unvaccinated person was “irresponsible” and therefore “no longer a citizen.”

Macron told Le Parisien that he had decided to act against the non-vaccinated, by “limiting as much as possible their access to social life activity”.  “The unvaccinated, I really want to piss them off. And so we will continue to do so, to the bitter end. That’s the strategy,” the head of state said. “When my freedom comes to threaten that of other people, I become irresponsible. An irresponsible person is no longer a citizen.” 

“I am not going to put them in prison, I am not going to forcibly vaccinate them,” Macron went on. “Therefore you have to say to them: from January 15 you can no longer go to a restaurant, you can no longer go for a drink, you can no longer go for a coffee, you can no longer go to the theatre, you can no longer go to the cinema,” the president said.  (read more)

That extremist approach is the opening Marine Le Pen now has in front of her – to expose Emmanuel Macron as the installed, WEF approved, multicultural economic globalist everyone knows him to be.

Tomorrow, the first round of the French election carries a similar background framework as the Hungarian election last weekend.

The CIA is also worried….

“In Europe, two pivotal elections — in Hungary and France — tell the tale. As recently as a few days ago, it was possible to suggest, as an essay in the Atlantic did, that the Ukraine war was “upending European politics” by highlighting the illiberal and pro-Putin records of French far-right leader Marine Le Pen and Hungarian Prime Minister Viktor Orban. Experts were quoted saying that Orban was “desperately trying to reframe the events” around the war and predicted the French would now see President Emmanuel Macron as “probably the only person … who can lead them through this crisis.”

In fact, Orban has just won reelection — and a fourth consecutive term in office — by a handy margin, with his coalition getting about 53 percent of the vote compared to the opposition coalition’s roughly 34 percent. The same day, voters in Serbia reelected a populist, staunchly pro-Putin president by a landslide. In France, where the first round of the presidential election is set for April 10, polling suggests that Macron’s lead has been evaporating and that Le Pen has surged significantly. As a New York Times headline says, “Even Before France Votes, the French Right Is a Big Winner.” In Europe, at least, right-wing populism continues to thrive.” (read more)

The professional political leftists in the U.S. are worried:

[…] It’s not really clear why Macron’s numbers have dropped so dramatically, as he still enjoys relatively high support for his handling of foreign policy. Part of it could have to do with low marks for his attempts to liberalize France’s economy, including making it easier for companies to lay off workers and lowering business taxes, which haven’t been popular.

Some critics have called him “the candidate of the rich,” and moves like getting rid of the wealth tax and reducing social spending assistance have played into that. And Macron’s policies have resulted in populist outcry before, as a proposed gas tax hike in 2018 led to nationwide protests in what became known as the Yellow Vest Movement. Now his campaign is pushing the unpopular position of raising the retirement age, which may also explain why the race between him and Le Pen has narrowed.

In fact, polling between Macron and Le Pen has gotten close enough that Le Pen is just a normal polling error away from winning. (more)

Prayers for France!

Exclusive Klaus Schwab Tell All interview!


By Awaken With JP  Published originally on Rumble on April 9, 2022 41

Join me for an exclusive sit down interview with Klaus Schwab himself! The leader of the World Economic Forum opens up and speaks very candidly about his plans for you, and the future of our planet! Featuring The Great Reset, Fourth Industrial Revolution, and More!

Canada Bans Foreign Home Buyers for Two Years


Posted originally on the conservative tree house on April 8, 2022 | Sundance 

In Chapter 1, sub-section 1.4 of the 2022 Canadian budget, there is a rather remarkable new rule that bans foreign ownership and investment in housing for a period of two years.  [LINK HERE]

To make sure that housing is owned by Canadians instead of foreign investors, Budget 2022 announces the government’s intention to propose restrictions that would prohibit foreign commercial enterprises and people who are not Canadian citizens or permanent residents from acquiring non- recreational, residential property in Canada for a period of two years.”

Two points about this issue.  First, can you imagine the media outcry if a conservative prime minister would ever make such a proposal?  Quite a leftist change from the previous mantra “diversity is our strength”?

Second, considering the issue of foreign investment that creates housing, there is a likelihood this could backfire.  The new position of Canada will certainly put more upward pressure on the U.S. housing market.  Every action tends to have an equal and opposite reaction.  It will be interesting to follow this and see where it leads.

OTTAWA, Ontario (AP) — Prime Minister Justin Trudeau’s government announced Thursday it will ban foreign investors from buying homes in Canada for two years in a bid to cool off a hot housing market.

Finance Minister Chrystia Freeland took a number of measures to tamp down speculation and demand amid record home prices in announcing the federal budget for the year.

The government announced a two-year ban on foreign home buying as well as higher taxes for people who sell their home within a year, though both measures include multiple exceptions including for permanent residents and foreign students. (read more)

Imagine the apoplexy if Donald Trump made such a nationalistic move.

As with most things leftist, European, political and currently Canadian, the ideologues are all about advancing globalism until some consequence reaches their doorstep.  Then suddenly changes need to be made and protectionist programs like this new 2022 housing rule are triggered.   Can you think of something more economically nationalist than this rule?

Alas, we beat the dead equine.  In order for entrenched left-wing ideologues to continue advancing their insane ideology, they must pretend not to know things.

Biden – Inflation – Risk to National Security


Armstrong Economics Blog/Opinion Re-Posted Apr 3, 2022 by Martin Armstrong

QUESTION: Hi Martin,
What do you think banks will do with mortgages if we continue experiencing high inflation and/or hyperinflation? Do you think we might be able to pay off a mortgage with gold if things get bad enough?

Marc

ANSWER: No! The contract is in dollars and that cannot be altered. There won’t be hyper-inflation for that takes place when the CONFIDENCE in government completely collapses. The shallow analysis of even the German Hyperinflation has created such a myth that inflation is the result of an increase in the money supply – WRONG!!!!!!

To set the record straight, the hyperinflation followed the Weimar Republic’s FORCED LOAN in December 1922 when they seized 10% of everyone’s assets and gave you a bond you can buy on Ebay. Once that took place, people would no longer accept German currency and exchanged everything for foreign currencies, art, rare coins, stamps, and real estate.

In 1925, when Germany had to issue a new currency, it was backed NOT by gold, but by real estate. The same human response took place in Zimbabwe and even Japan because the emperors would devalue the outstanding money supply to 10% of what it was valued out and issued their own coins at the new value. The people refused to accept Japanese coins turning to Chinese and bags of rice. Japan lost the ability to issue coinage for 600 years.

This inflation is NOT based on printing money. This inflation is based upon shortages of goods. The source is very different and this is not going to end well. Biden’s sanctions have undermined the entire world supply chain. We are all connected and that includes Russia and China.

To create even more deliberate chaos, the Biden Administration is now out to impose trade restrictions on China as well. U.S. Trade Representative Katherine Tai is advocating a dramatic change in the United States’s relationship with China. The Biden White House has concluded that trade with China should be altered to be a defensive economic posture rather than continuing under the Phase One trade deal brokered between the Trump administration and Beijing. Like everything else, whatever Trump did, Biden is going out of his way to reverse it.

This will only further increase inflation right into 2024 and destroying the world economy removes any incentive to work together. Once Biden destroys the economic foundation ties with China all to put pressure on the World Economic Forum’s Great Reset, it looks like all-out World War III will unfold after 2024. Biden and his entire family have been bought and paid for. I find it outrageous that the Democrats demand Justice Thomas recuse himself because of comments of his wife, yet Biden is perfectly fine dealing with China and Russia when they have poured millions into his family’s pockets.

Biden seriously needs to be REMOVED from office as a matter of National Security.

Ukraine & Russia Peace Talks – Will Sanctions Be Lifted?


Armstrong Economics Blog/Turkey Posted Mar 29, 2022 by Martin Armstrong

While the news is spinning this as Russia is losing for they are now negotiating, there is a lot more going on behind the curtain than people suspect – this will be a true TEST of international law. Indeed, Russia has promised to drastically scale down its military operations around Kyiv and the northern Ukrainian city of Chernihiv given Ukraine’s proposed neutral status with international guarantees. This will turn on the guarantee that Ukraine will not only remain out of NATO but will also no longer host bases of foreign troops. This will be under the original security guarantee in terms similar to “Article 5”, the collective defense clause of NATO. The proposal will be that this guarantee will be secured by NATO members Canada, Poland, and Turkey.

In addition, Ukraine will agree to a 15-year consultation period on the status of Russian-annexed Crimea upon a complete ceasefire. These proposals are being submitted to President Vladimir Putin. The Donbas is on the table for that must be settled to end the civil war which the US has been covertly funding against Russia thanks to the US Neocons.

While it appears based on our computer that some decision will come perhaps the week of April 18th, the real test will be something even far more important. Can the powers that be get our insane leader of the Free World, Joe Biden, to terminate all sanctions against Russians? If there is a peace settlement, then the White House should rescind all sanctions. That should include those put on by Obama back in 2014 because of Crimea. If that is NOT done, then there is no way to restore the world economy nor to aid the reduction of inflation. As long as sanctions remain in place, peace or no peace in Ukraine will mean nothing going forward.

CDC Recommends More Booster Shots for COVID Compliance, FDA Unilaterally Authorizes Fourth and Fifth Vaccination Shot


Posted originally on the conservative tree house on March 29, 2022 

Proving yet again, that once you get locked into the vaccine rona-coaster, you are not getting off until the ride’s over.  The CDC has recommended, and the FDA has approved COVID-19 booster shots number four and/or number five depending on your life expectancy and vulnerability status.

Step right up comrades and get em’ fast, while there’s still time before Big Pharma first quarter financial statements are closed.

CDC Director Rochelle Walensky, a woman of notoriously sketchy flip-floppery disposition, has decreed new boosters for most.

Because the life-saving vaccine products are the greatest thing ever, the FDA advisory panel wasn’t even needed this time.  You guessed it, no medical consultations, discussions or opinions were considered prior to the CDC and FDA announcement.

Yes, you read that confidence building paragraph correctly.

CDC Director – “Today, CDC expanded eligibility for an additional booster dose for certain individuals who may be at higher risk of severe outcomes from COVID-19. Boosters are safe, and people over the age of 50 can now get an additional booster 4 months after their prior dose to increase their protection further.”

“This is especially important for those 65 and older and those 50 and older with underlying medical conditions that increase their risk for severe disease from COVID-19 as they are the most likely to benefit from receiving an additional booster dose at this time. CDC, in collaboration with FDA and our public health partners, will continue to evaluate the need for additional booster doses for all Americans.” (more)

(Via NBC) […]  The FDA had already authorized a fourth shot for immunocompromised individuals. On Tuesday, the FDA also cleared a fifth shot, or second booster, for that group. Previously, immunocompromised individuals were authorized to receive a three-dose primary series of a vaccine followed by a booster.

Tuesday’s decision bypasses the independent panel of experts from both the FDA and the CDC, which have issued recommendations to the agencies throughout the pandemic on whether they should clear additional shots, and if so, for which groups.

During a call with reporters, Dr. Peter Marks, the FDA’s top vaccine regulator, said officials didn’t seek the advice of the committees because they believe the risk of harm from an additional shot, including the risk of myocarditis, is low.

He said it’s possible Americans may need to get yet another dose of a Covid vaccine this fall.

That later dose, Marks said, may not be the same version of the shots currently in use — regulators may transition to a variant-specific vaccine or one that targets more than one strain. Both Pfizer and Moderna are testing a vaccine that targets the omicron variant. Moderna is also testing a shot that targets both the delta and omicron variants.

“At some point, we are going to have to realize that this is a virus that’s going to be with us and that we have to come to grips with dealing with it on a regular basis,” he said.

The share of people who’ve received their first booster remains low in the United States, with fewer than 50 percent of those who are eligible for a booster having received one, according to data from the CDC.

Officials may have a hard time persuading people to get a second booster — as Covid cases, hospitalizations and deaths remain low, some people feel a lack of urgency and have a reduced fear of the disease, experts say. (more)

What say you?

Trudeau the Tyrant – Roasted in the EU Parliamanet


Armstrong Economics Blog/Canada Re-Posted Mar 27, 2022 by Martin Armstrong

Neil Oliver Emphasizes – Once You See the Weaponized Political Corruption, You Cannot Unsee It


Posted originally on the conservative tree house on March 26, 2022

In his weekly monologue [Transcript HERE], Neil Oliver takes the stories we have outlined on these pages over the past week and weaves them into a comprehensive context.  Once you see the manipulation and lies from government, you can never unsee them.

However, the opposite is also true; once you see the truth, you can never not see it – and that sets up a very specific situation.  Once you know the truth about a series of events or issues, you can easily see the people who pretend not to know it.

I think the reason I like Oliver is because he uses metaphors and analogies in his monologues to connect issues to a picture of what they really mean.  I try to do the same in writing.  Oliver takes the recent information and shows how it is all connected.  From COVID madness to the western govt lies, that drive us toward war with Russia, it’s all connected; and we can see it. WATCH:

[Transcript] – “If you didn’t laugh, you’d cry – so sometimes the only thing to do is laugh. These are difficult times, made more difficult by the manufactured fear and lies we are force fed around the clock.

There are issues that must be addressed with the utmost seriousness. But, as I say, sometimes you just have to laugh.

The way our leaders and their attendants are going about things – not just recently but for months and years now – reminds me of the behaviour of very young children, toddlers really. Sometimes a toddler will screw his eyes shut in the belief that since he can’t see you, it must follow that you can’t see him.

If our leaders weren’t applying this strategy in times where decisions make the difference between life and death, their antics would only be hilarious.

Peek-a-boo, presidents and prime ministers.

They spent two years on lockdowns – spraying money around like white foam in an ‘90s nightclub – all the while lavishing multi-million-pound contracts on friends and acquaintances, thinking we wouldn’t notice all the new millionaires, generating unimaginable, unthinkable mountains of radioactive debt that will be glowing red hot for generations to come. We saw you.

They ignored the alarm calls from all manner of reasonable people – from economists of the highest professional standing to just members of the public armed with no more than the experience of running their own households and bank accounts – and piled the debt mountains higher and higher. Some of us told them it was a disaster waiting to happen, and they told us we were cranks and conspiracy theorists who didn’t understand how money and economies work.

And what are they doing now? In the short term, they are attempting to launder the consequences of their lockdown idiocy through the tragedy in Ukraine. A shameful sleight of hand. The spiking cost of energy, inflation, the threat of shortages of food and all manner of necessities – apparently had nothing to do with the financial incontinence of the past two years, nothing at all to do with shutting down economies around the developed world. All of it, we are supposed to accept, now, is down to Putin’s hellish invasion of Ukraine.

Like that toddler screwing his eyes shut to make the approaching adult disappear, our leaders seem genuinely to think we can’t see them, can’t see what they’re doing, all that they’ve done these years past. Either that, of course, or they just don’t care that we can see them, because our seeing and knowing no longer matters – not when they think they’ve got us where they want us.

If you didn’t laugh, you might cry.

Chancellor Rishi Sunak’s wife, Akshata Murthy, is a shareholder in her billionaire father’s IT and consultancy business Infosys, with a personal stake worth hundreds of millions of pounds. Infosys continues to do business in Moscow.

In the past two years alone the chancellor’s wife has apparently been enriched by nearly 12 million pounds of dividends from Infosys.

Mr Sunak has urged businesses to sever their ties to Russia – the better to strangle Mr Putin’s ability to wage war. This advice apparently does not apply to people in Mr Sunak’s own home. Exactly how stupid, and/or blind, does Mr Sunak think we are?

Mr Sunak is also among those of our leaders and senior politicians on both sides of the House of Commons who either genuinely do not know what a woman is – which is to say, an adult human female – or else cannot bring themselves to say as much when asked to define a woman. Here’s a starter for ten: if you’re a living human being, you were grown inside a woman.

This inability or self-preserving refusal to stand up with and for women – a little over half the population of the country – would be laughable, hilarious if it didn’t have tragic consequences, leading as it does to the erasure of women as the living, breathing reality that they are.

For me it’s increasingly hard to avoid drawing the conclusion that our leaders and their little wizards are laughing at us. I say it is high time we pointed out that they are the joke.

Remember when they said the Covid vaccines were a hundred per cent effective at stopping a person catching Covid, spreading Covid? Remember when they said those vaccines were absolutely safe for everyone from toddlers to centenarians? Remember when they said we had to wear masks when standing and walking inside a restaurant, but not when seated? Remember when they said we had to keep our distance from each other, even from loved ones?

Now we can take refugees of war into our homes. This is a fine and noble act, of course it is, but why could we not invite our loved ones into our homes then, if it is safe to welcome strangers from thousands of miles away now? A person might be tempted to think it was a fiction all along, a nonsense circulated to make us behave.

That question is, anyway, redundant, because Covid no longer matters, apparently. Not as far as I can see. Covid is yesterday’s cause of fear, and therefore no longer required – not now that there’s a war on. It seems safe to predict that once the war is over, the next thing to fear, and for which sacrifices will have to be made upon the public altar, will be along as promptly as an efficiently run bus. My money’s on Lockdown for the Climate. The outriders for that stunt are already there, of course, with yet more calls to work from home rather than driving into work, and leaving the car parked all day Sunday – for the good of the planet.

War in Ukraine is not the only cause of the mess we’re in, but it will bite us all soon enough. I can tell you something to fear soon, and that may already be unavoidable, and that’s a shortage of food, if not for us then for millions of others. Russia and Ukraine grow 30 percent of the world’s wheat and 20 percent of the world’s corn.

Developing countries already face shortages on account of sanctions. The developed world might have tried to compensate for the short fall – grown more food elsewhere – except for the double whammy provided by the West’s dependence on Russia as a key source of fertilizer. Western sanctions on Russia’s exports of potash, ammonia and urea, along with other nutrients needed for fertile soil, threatens the growth of wheat, corn, rice and soy around the world.

The price of fertilizer is spiking. Fewer fields may be planted, meaning smaller harvests. And that’s on top of the dizzying hikes in the price of diesel. By the other end of the year, farmers may not even be able to afford the fuel necessary to bring in their crops. As the cost of commodities continues to rise in the months ahead, as hunger bites, there can only be more unrest and suffering to come.

Of course, those comedians running our country insist we don’t need carbon fuels anymore, anyway – all that filthy, dirty gas and oil. And yet European countries have bought 19 billion dollars’ worth of Russian oil and gas since the 24th of February alone. We see you. Out of one side of their faces they talk about the need for sanctions to throttle Mr Putin and his henchmen, the need for us all to make sacrifices. Out of the other side of their faces they say, “Thank you, kindly, Mr Putin, for keeping the lights on.”

The upshot of it all is that Mr Putin’s war is paying for itself. He’s even demanding the bills be paid in Russian Roubles instead of American Dollars. Other currencies are on the rise for dealing in crude oil, so that the sun may be setting on the petro-dollar after all this time.

There’s tragic comedy all over the place. Once you see it, as they say, you can’t not see it.

Klaus Schwab and his World Economic Forum talk about happy plebs owning nothing – while the richest of the rich hoover up everything of value in the world. I think I know who’s planning to be happiest. They plan to take away our money as well and replace it with food stamps – what they call Central Bank Digital Currency. Once that’s in place, it’s up to the banks what you spend, when you spend, what you spend it on, and where. If the bank has reason to think you shouldn’t buy that bottle of wine, or book that train ticket, then you won’t be able to.

Then there’s the little things, like French president Emmanuel Macron.

Ukrainian president Volodimyr Zelensky appeared on tv in a workman-like green t-shirt and khakis and, quick as flash, Mr Macron had shed his bespoke suits and sent someone to buy some jeans and a hoodie from the boy’s section of his local haberdashery. Then he had a photographer follow him around at work all day, looking butch and mean. Such antics, such pantomime designed to attract attention to self, while real women and real children are dying, is nothing less than pitiful.

Misinformation and manipulation of the truth has been going on for years now. In 2016 the Clinton campaign said Donald Trump had colluded with Russia in order to secure his election.

The FBI duly investigated and found nothing – and yet the story of Mr Trump buddying up to the Russians persisted throughout his presidency courtesy of the Democrat-fawning MSM in the States. This week, Mr Trump announced he was taking legal action against the Clintons and their allies.

Before the 2020 election the NY Post broke the story about Hunter Biden’s laptop – the one left in a Delaware repair shop allegedly containing emails linking Biden junior to bungs of money from a Shanghai-based company linked to China. It’s claimed there was mention of 10 percent of the profits for, “the big guy”. Hunter was already in receipt of 50k dollars a month from a Ukrainian energy company for doing … well no one is quite sure what Hunter was doing.

And what did the compliant US media do? They rubbished the report. Big Tech shut down the NY Post’s Twitter account and banned anyone from sharing the story. More than 50 US security “experts” stood up to say it was all Russian disinformation.

And guess what – the story about Hunter’s laptop and those emails? Last week the NY Times admitted the emails had been verified.

The technocrats of Silicon Valley just didn’t think American voters should know such things in the run up to an election that their man Joe Biden simply had to win. They call such tactics the Noble Lie. They’re lying, but it’s for our own good. But as I say, once you see it, you can’t not see it.

The truth came out about how Trump had not colluded with the Russians. The truth came out about Hunter Biden’s laptop. The truth came out about the Wuhan lab leak. The truth is coming out about vaccine safety and efficacy.

What are they telling us this week, that will be overtaken by the truth, sooner or later?

The truth seems to be moving faster and faster.

As I say, if you didn’t laugh at their audacity – at their seeming conviction that we can’t see them – you’d have to cry.

So laugh, I say, but pay attention to the truth. There’s more truth every day. And the truth, as they say, will set us free. (LINK)

Two Million People Respond to Elon Musk Twitter Poll About Free Speech


Posted originally on the conservative tree house on March 26, 2022

Elon Musk noted that “free speech is essential to a functioning democracy,” and then asked a poll question:

More than two million people responded with over 70 percent saying the Twitter platform does not “adhere to the principle” of free speech.

One of the reasons our democracy is not functioning, is simply because the worldview of the platform control agents is in the minority.  There are more of us than them, they just control the communication platforms, and they do so in an effort to block people from seeing they are in the majority.

The reason Big Tech controls speech, censors speech, manipulates speech and blocks user engagement, is to give the illusion that their worldview is held by the majority, it isn’t.   Their Big Tech created world, their Metaverse, is a tenuous Potemkin village construct.

Blackrock CEO Advances Proposal for Global Digital Payment System and Digital Currency


Posted originally on the conservative tree house on March 24, 2022

When CTH outlined the ‘Destination Handbasket’ framework {Go Deep}, we had no idea Blackrock CEO Larry Fink was essentially going to confirm the premise of our prediction.  Keep in mind, any digital currency can only work if there is a digital identity attributed to it – what some have called a digital passport which then creates a crypto wallet.

I have based the framework, of what appears to be over the horizon, on a set of inevitable geopolitical outcomes if the current path is continued.  The letter by Blackrock CEO Larry Fink [LINK] seems to affirm the strongest likelihood of a western-inspired digital currency eventually replacing the dollar.

NEW YORK, March 24 (Reuters) – BlackRock Inc’s (BLK.N) chief executive, Larry Fink, said on Thursday that the Russia-Ukraine war could end up accelerating digital currencies as a tool to settle international transactions, as the conflict upends the globalization drive of the last three decades.

In a letter to the shareholders of the world’s largest asset manager, Fink said the war will push countries to reassess currency dependencies, and that BlackRock was studying digital currencies and stablecoins due to increased client interest.

“A global digital payment system, thoughtfully designed, can enhance the settlement of international transactions while reducing the risk of money laundering and corruption”, he said.

[…] In the letter on Thursday, the chairman and CEO of the $10 trillion asset manager said the Russia-Ukraine crisis had put an end to the globalization forces at work over the past 30 years.

[…] “While companies’ and consumers’ balance sheets are strong today, giving them more of a cushion to weather these difficulties, a large-scale reorientation of supply chains will inherently be inflationary,” said Fink.

He said central banks were dealing with a dilemma they had not faced in decades, having to choose between living with high inflation or slowing economic activity to contain price pressures.  (read more)

You see that problem, that “dilemma” Fink mentions in the last paragraph above.  That is what we have been talking about on these pages for more than two years.   It is a dilemma western government created when they all joined together and followed the exact same financial path during the pandemic.

When western governments used the justification of the global pandemic to shut down their economies, enforce lockdowns and all of the subsequent rules, restrictions and economic pains as a direct result of those decisions, they put us on a crisis path that was always going to bring us to this “dilemma.”  Quite frankly, I do not see that unity of action as accidental, nor do I see it as organic.

All of the western leaders followed the same monetary and financial policy that was being advanced by the World Economic Forum.  They all spent like crazy, and provided tens-of-trillions in bailouts, subsidies and cash payments to cover the economic losses created by their COVID lockdowns.  They all did exactly the same thing, and that collective action is why we have ‘global inflation.’

Perversely, while inflation crushes the working class, global inflation works to their benefit by lowering the cost of the debt the politicians created, which the central bands and federal reserve facilitated.  We the citizens are suffering under inflation, but the governments that created the inflation actually benefit from it.

I will say with great deliberateness, these western governments want inflation.  Sure, it provides a political challenge for those who need to get reelected by voters, but in the bigger of big pictures, they need inflation.  Think about it in very simple terms.  If they did not want inflation, those same central banks and federal reserve policy makers would have raised interest rates six to eight months ago.

None of what is happening in supply chains and inflation is a surprise to them; they might pretend not to know, but these are not stupid people.  This is by design.  Media covers for them because, well, I’ll accept the PR firms for the regimes are idiots. However, the people who constructed these policies to take advantage of COVID-19 are not dummies.  They knew what all that intervention, manipulation and govt spending would lead to.

Where we are going now is a self-fulfilling prophecy, a destination that is a result of specific action the guided policymakers have taken.

Yes, in hindsight, all of it does seem planned to a long-term eventual conclusion.  However, I’m not going to make that specific affirmation just yet; there are still strong elements of ‘not letting a crisis go to waste’ as the leading driver.  Did these governing bodies create the underlying crisis?  We can debate that, but the point is essentially moot.  We are where we are.

The vaccination protocol created the Vax-Passport.  That has opened the door to the digital identity, “digital id.”   Any government created digital currency is going to need a digital id from the outset.

There are a lot of people asking where this is going, and what can be done to stop it.  I’m pretty certain we have accurately identified “Where This is Going,” and I’m a lot more confident now about that aspect than I was even just 24 hours ago.  However, knowing that, now we need to look closer at what they would do to stop us from disrupting it.