Arrogant Demands Have Consequences – Mass Exodus as U.S. Trade Staff Hit Dead Ends and Unwilling Cooperation


Posted originally on the CTH on January 28, 2024 | Sundance

A story surfacing in Politico about the collapse of the office of the United States Trade Representative (USTR) and the inability of the entire trade policy group to find any willing trade partners was entirely predictable.

You might remember how the insufferable U.S. business media constantly said the Trump trade team was not going to be successful because the administration was disliked by global trade partners. Every Trump trade approach from tariffs to section 301 compliance, to U.S. demands around foreign policy tied to the economic Trump Doctrine was decried by U.S. multinational corporations as too divisive, too intransigent. However, Donald Trump and his trade wolverines racked up more trade wins and established more trade agreements than any administration in history.

From KORUS (Korea/US) to the Middle East, Saudi Arabia, India, Japan, European energy deals, massive changes with China, new Ag agreements, demanded technology sector investment back in the USA, and the successful renegotiation of NAFTA (Canada, Mexico, USA) into the USMCA – all of it was stunning in scale, scope and success. Trump’s global trade success was exactly the opposite of every predictive declaration by the professional media. All of the Trump strategic policy shift created the framework for the largest domestic expansion of the U.S. economy, evident in every 2019 economic metric prior to the pandemic.

Biden took office with the full support of the lying liars who lie in the media, and they said Biden’s team was a shoo-in for success. Again, exactly the opposite has happened.

The ideological leftists who came with the Obama/Biden plan forcibly tried to push their Green New Deal policies into every trade agreement. The result and response from all U.S. trade partners has been a massive failure of epic proportions.

Despite the international pontifications around support for the globalist energy policies, ie. the “Build Back Better” bulls**t pushed by western government, the World Economic Forum and the globalists, when it comes to where the rubber hits the road no nation is willing to attach themselves to the economically destructive millstone demands of U.S trade. In material fact, many of the BBB agenda priorities are now completely rejected by the same politicians who promoted them.

In part, we in the USA are suffering through some of the most horrific inflationary economic outcomes from this Biden ‘Green New Deal’ program. Any nation that aligned itself is feeling the same impact in direct proportion to how close they followed the program. The more ‘Green’ compliant the nation, the more the economic hardship upon the citizens within that nation. This is just the non-pretending reality of the thing.

So, it doesn’t come as any great surprise to see a thoroughly rejected and dejected career trade group now walking to the exits with zero accomplishments for their last three years of effort.

WASHINGTON – Frustration with a stalled trade agenda and unhappiness with the leadership of President Joe Biden’s trade chief is pushing more than a half-dozen senior trade officials out the door, according to four current and former administration officials with knowledge of the departures.

The exits include the White House’s point person on international economics and two of the three deputy U.S. trade representatives responsible for implementing the Biden administration’s “worker-centered” trade policy.

The exodus comes after Biden’s trade agenda ran aground on multiple fronts in 2023: failing to reach a green steel and aluminum deal with the European Union and pulling out of trade talks that were part of the U.S.-crafted Indo-Pacific Economic Framework in November. The administration, meanwhile, remains internally divided on other key trade policy decisions, like how to regulate digital information flowing across the globe.

Those headwinds — and the realization that little real progress is likely to be made in an election year during which former President Donald Trump will put a glaring spotlight on trade — have convinced some officials it’s time to move on. Adding to the frustration: simmering discontent with the management practices of U.S. Trade Representative Katherine Tai.

[…] Biden’s “worker-centered” trade agenda was designed to smooth over frayed relations with close trading partners and win back those blue-collar workers in battleground states. But his sweeping plans to reshape global trade rules haven’t assuaged concerns from Democrats who worry that Trump will again use trade issues as a cudgel against them in the industrial Midwest — a region that could determine control of Congress and the White House in November.

That disconnect has forced USTR to freeze, abandon, or dramatically scale back its signature initiatives and negotiations, leaving some top lawmakers and staffers frustrated. In particular, Wyden and Sen. Sherrod Brown (D-Ohio) are fuming that the administration hasn’t matched the Trump administration’s accomplishments on trade, like the binding labor and environmental standards that Democrats got inserted into the rewrite of NAFTA that Trump signed in 2020.

“Sen. Brown and I have consistently said that you need the kind of proposal that you saw in the U.S.-Mexico-Canada Agreement where you open up markets for business and you have tough enforcement,” said Wyden, “and a lot of what’s been put up doesn’t meet that test.” (read more)

Go figure!….

Want success?…

Want trade deals that lift the USA economy?…

Want USA “deflation,” yes, the actual lowering of prices for goods and services?…

Want lower costs of goods, and lower prices for consumers by leveraging the size of the USA market?…

…..Get Donald Trump Back in Office!

Here’s What Nikki Haley Should Do Now (Ep. 2172) – 01/24/2024


Posted originally on Rumble By Dan Bongino on:Jan 24, 2024 at 11:00 am EST

Biden Forced to Stop Funding United Nations Relief Agency After Evidence of 12 UNRWA Agents Participating in Oct 7 Terrorist Attack Against Israel


Posted originally on the CTH on January 26, 2024 | Sundance

Evidence has been shown to the Biden administration and the United Nations that 12 members of the United Nations Relief and Works Agency (UNRWA) were actual participants in the October 7th Hamas terrorist attacks against Israel.

Yes, you read that correctly. The U.N. was an actual participant in the premeditated slaughter of Israeli citizens.

(Via Axios) The State Department on Friday said it is pausing additional funding for the UN Palestinian refugee agency after Israel alleged 12 UNRWA employees were involved in the Oct. 7 Hamas terrorist attack.

The big picture: It’s the first step by the Biden administration against UNRWA since renewing U.S. funding to the agency after the Trump administration completely cut it off.

State Department spokesperson Matthew Miller said the U.S. is “extremely troubled by the allegations” and the administration has “temporarily paused additional funding for UNRWA while we review these allegations and the steps the United Nations is taking to address them.”

State Dept – “The United States is extremely troubled by the allegations that twelve UNRWA employees may have been involved in the October 7 Hamas terrorist attack on Israel.  The Department of State has temporarily paused additional funding for UNRWA while we review these allegations and the steps the United Nations is taking to address them.

Secretary of State Antony J. Blinken spoke with United Nations Secretary General Antonio Guterres on January 25 to emphasize the necessity of a thorough and swift investigation of this matter.  We welcome the decision to conduct such an investigation and Secretary General Guterres’ pledge to take decisive action to respond, should the allegations prove accurate.  We also welcome the UN’s announcement of a “comprehensive and independent” review of UNRWA.  There must be complete accountability for anyone who participated in the heinous attacks of October 7. (LINK)

Driving the news: A senior Israeli official said the Shin Bet and Israeli military intelligence provided information that pointed to the active participation of UNRWA staffers and the use of the agency’s vehicles and facilities during the Oct. 7 Hamas attack.

“This was strong and corroborated intelligence,” the official said. “A lot of the intelligence is a result of interrogations of militants who were arrested during the Oct. 7 attack.”

State of play: UNRWA chief Philippe Lazzarini said he has terminated the contracts of the accused staff members and launched an investigation to “establish the truth without delay.” (Axios More)

UNITED NATIONS – “The Israeli Authorities have provided UNRWA with information about the alleged involvement of several UNRWA employees in the horrific attacks on Israel on 7 October.

“To protect the Agency’s ability to deliver humanitarian assistance, I have taken the decision to immediately terminate the contracts of these staff members and launch an investigation in order to establish the truth without delay.  Any UNRWA employee who was involved in acts of terror will be held accountable, including through criminal prosecution.

“UNRWA reiterates its condemnation in the strongest possible terms of the abhorrent attacks of 7 October and calls for the immediate and unconditional release of all Israeli hostages and their safe return to their families.

“These shocking allegations come as more than 2 million people in Gaza depend on lifesaving assistance that the Agency has been providing since the war began. Anyone who betrays the fundamental values of the United Nations also betrays those whom we serve in Gaza, across the region and elsewhere around the world”. (LINK)

Big Picture – Ed Dowd is Correct in This Review: Every Opaque Action in Western Government is Aligned Toward a Dollar-Based CBDC


Posted originally on the CTH on January 26, 2024 | Sundance 

In this brief video below {Direct Rumble Link Here} Former Blackrock portfolio manager, Ed Dowd, explains why every last remnant of human freedom depends on mass resistance to Central Bank Digital Currencies (CBDCs). “Once the central bank digital currency is linked to all your credit cards and bank accounts, then social controls can be implemented. If you’re a dissenter like me, talking about truth, they shut you down.” WATCH:

I know at first blush a lot of this CBDC discussion seems esoteric, difficult to understand, and there are a lot of other issues happening simultaneously in the background. However, if you contemplate the biggest threat on this overarching power arc of western government, you arrive to understand how serious this seemingly opaque issue really is.

I first started to deep dive research into these CBDC datapoints when the Russian sanctions were triggered. You see, nothing about them really makes sense from the way they were structured; additionally, the intensity of the drive to make the sanctions the tip of the western spear was just too pointed, something about it didn’t make sense. That’s what took me to dig deep into the impact and realize nothing said about these financial sanctions makes sense when compared against their actual irrelevance {Go Deep}.

When the White House first started openly saying the Biden administration was reviewing how to implement CBDC’s, yes THAT Announcement ACTUALLY HAPPENED, September 2022, then things from a research perspective really started to get serious. “While the U.S. has not yet decided whether it will pursue a CBDC, the U.S. has been closely examining the implications of, and options for, issuing a CBDC.”  Whenever the U.S. govt says they’re “undecided,” pay close attention.

First things first with the Western financial sanctions- specifically the SWIFT exchange.  It is true you cannot use VISA, Mastercard or any mainstream Western financial tools to conduct business in Russia; however, the number of workarounds for this issue are numerous.  One of those tools is the use of a cryptocurrency like Bitcoin; and within that reality, you find something very ominous about the USA motive against crypto.

(Newsmax) – JPMorgan Chase CEO Jamie Dimon on Wednesday suggested bitcoin currency should be banned.  Dimon was speaking during a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill.

“I’ve always been deeply opposed to crypto, bitcoin, etc.,” Dimon said in response to a question from Sen. Elizabeth Warren, D-Mass. “The only true use case for it is criminals, drug traffickers … money laundering, tax avoidance because it is somewhat anonymous, not fully, and because you can move money instantaneously.  “If I was the government, I would close it down.” (read more)

Dimon was/is positioning JPMorgan to be a facilitating beneficiary of the financial control system evident within any CBDC process.

Here’s how it really looks from the outside looking at the USA.  The same way the Patriot Act was not designed to stop terrorism but rather to create a domestic surveillance system. So too were the “Russian Sanctions” not designed to sanction Russia, but rather to create the financial control system that will lead to a USA digital currency.

The Western sanctions created a financial wall around the USA, not to keep Russia out, but to keep us in.  The Western sanction regime, the financial mechanisms they created and authorized, creates the control gate that leads to a U.S. digital currency.

Now, does the exploding debt and seeming govt ambivalence, the stuff Ed Dowd is talking about, take on a new perspective?  It should, because that unspoken motive explains everything.  It all just makes sense when reviewed through this prism of motive and intent.  Again, the western sanctions against Russia are not having an impact against Russia; they are having a quiet impact in the USA and western dollar-based economic system that no one is permitted to talk about.

Bottom line, the non-pretending reasoning.  The US Treasury has set the financial system on an almost unreversible path to a U.S. Central Bank Digital Currency.  As direct consequence crypto currency alternatives are a threat to the establishment of that western objective.  This reality also pulls in the explanation around why the USA is so all-in for the banker-driven World War Reddit, the Russia-Ukraine conflict.

How did the Obama administration go from all efforts to be on good relations with Russia 2009 through 2015, then suddenly pivot to the exact opposite with the Trump-Russia collusion conspiracy, the Russian election interference nonsense, the expulsion of Russian diplomats in Dec/Jan 2017 and suddenly Vladimir Putin as the archvillain for the world?   Apparently, few have ever really asked how that happened.

Here’s the big picture, as seen through the prism of the EU and the non-pretenders in Eastern Europe.

The Marxists in the Obama admin needed a boogeyman in order to pull off their domestic heist and secure the “fundamental change.”  The CIA and State Dept were deployed to utilize Ukraine in 2014 to create the boogeyman, Russia.  Ukraine would be the stick to poke Russia.  The USA needed a proxy; they created one and made the participants rich.

Provoked, Russia fell into the trap and took control of Crimea as they perceived the NATO expansion and likely control of the Black Sea as a threat.  The Crimea move gave the CIA and State Dept the exact response they intended.

The Russia boogeyman was created.

But why?  Why would the effort of the U.S. Government be to provoke and create this crisis?

In the biggest of big pictures, the domestic fundamental change needed it.  We needed a reason to put walls around the U.S – not to keep Russia out, but to keep Americans locked in.  Conflict with Russia became the Obama version of Bush’s conflict with Iraq.  Putin now cast to play the role of Bin Laden.

The Patriot Act was never intended to stop foreign terrorists from attacking the USA.  The Patriot Act was intended to create the DHS surveillance system for domestic control.  It succeeded.   The Russian sanctions were never intended to sanction Russia (and they don’t).  The Western sanctions against Russia were intended to build walls around the U.S. financial system.

Ostracizing the world’s global trade currency, the dollar, from the global trade system was/is a necessary step in controlling domestic currency.  If there is a threat, the government needs to respond. That’s how the crisis is created and not wasted.

Yes, what I am saying is there was a longer and deeper play afoot, a ‘trillions at stake’ game by those who control money and power, using foreign threat as the justification for something that just would not be possible without it.  That’s why Trump was never allowed to breathe for a moment, whenever Russia or Vladimir Putin was mentioned.  The control forces needed Trump to be adversarial to Russia, regardless of whether the threat was real.  After all, it was supposed to be a willfully blind Hillary Clinton in place during this phase.

Conflict with Russia created the opportunity for the USA to create a sanctions regime that doesn’t truly sanction Russia, instead it controls the world of USA finance.  At the end of that control mechanism is a digital dollar, a Central Bank Digital Currency…. and by extension full control over U.S. citizen activity.  The Marxist holy grail.

That moment is closer than most can fathom, and that is exactly why the counterforce of a cryptocurrency, a rebellious mechanism for free people to exchange payment for goods and services, must be stopped by the same USG that is triggering the CBDC.   Crypto is a threat.  Jamie Dimon, along with all the major banks and financial institutions, is one key beneficiary that CBDC (a transactional player for fees therein) so long as JPMorgan stays on task.

JPMorgan CEO Jamie Dimon opposes cryptocurrency.

Democrats, really Marxists, oppose cryptocurrency.

Republicans, really financial beneficiaries of the largesse, oppose crypto currency.

The narrative…. Only criminals, that means those who would be defined as domestic terrorists like pesky remnants of our nation who demand freedom and liberty, would support cryptocurrency.  Criminals, tax cheats, bad people support crypto.  Don’t be a bad person comrade citizen.  Insert vote, pull lever, get pellet, go back to sleep.  You will own nothing and be happy comrade.

Yes, that’s the bigger picture.

Can it be stopped?  I laugh, look in the mirror, think about the reality of how many people think this is an absurd conspiracy theory, and respond with…. How many people even know about the thing you are asking to oppose?

How many people would believe the Western sanctions against Russia were really the USG building a cage to keep us in.  How about we start there.  That’s my answer.

During remarks in New Hampshire, President Trump announced he would never allow the creation of a central bank digital currency.  WATCH:

.

Of course, it should be noted….. As if the entire global system didn’t already oppose Donald Trump, this position against CBDC’s just puts an exclamation point on how the multinational financial systems will hate/oppose him even more.

This 2024 election is critical for a variety of reasons.  However, high atop that list is this issue of how a dollar based CBDC is a threat to every liberty we cherish.

Your Morning Coffee is Killing the Planet


Posted originally on Jan 26, 2024 By Martin Armstrong 

The ruling elites want to strip us of all our earthly pleasures. Swiss banker Hubert Keller took to the stage at Davos to declare that coffee consumption is destroying the climate.

“The coffee that we all drink emits between 15 and 20 tonnes of CO2 per tonne of coffee… Every time we drink coffee, we are basically putting CO2 into the atmosphere,” Keller stated. Every time we BREATHE, we are “putting CO2 into the atmosphere” and this argument is completely absurd. Life cannot exist on Earth without CO2. Surely they serve coffee on Mr. Keller’s private jet.

The World Economic Forum first presented this idea in August 2016 in an article entitled, “Your morning coffee is destroying the planet.” The article begins by discussing the waste of plastic cups – OK, fine, pollution is an undeniable problem. This was also when Keurig machines and coffee pods became popular. It seemed reasonable to find a plastic alternative, but that was merely a way to plant the seed.

Fertilizer 2

Coffee agriculture is a significant global market. The annual revenue of the global coffee industry is estimated to exceed $200 billion, with over 25 million farming households depending on coffee bean production for their living. Global coffee production reached 168.5 million 60-kilogram bags as of 2021/2022, and coffee is commercially produced in more than 50 countries. The United States coffee industry alone is responsible for nearly 1.7 million American jobs and $225 billion of national Gross Domestic Product.

The global market for coffee shops is projected to reach $237.6 billion by 2025. Countless mom-and-pop shops are centered around the world’s second most popular beverage. Coffee is ingrained in countless cultures throughout the world. It is part of our daily routine and way of life. Interestingly, his warnings come at a time when Starbucks plans to expand into China and is defying the WEF by siding with Palestine in the Israel-Palestine war.

YOU WILL OWN NOTHING, including coffee production, according to the WEF:

“The opportunity is to basically bring capital for return in this value chain, to basically, you know, acquire or lease these coffee assets, these monoculture coffee assets, to transform them to a regenerative agroforestry model. In doing so we would create effectively a climate and a nature premium which will have a lot of value for these parts of the value chain that can inset these climate and the nature premium and you end up with basically coffee plantations that are fully regenerative, that are sequestering carbon, that are positive for nature, that are restoring biodiversity, and that basically are creating better value for an asset that has a longer life without actually the consumer paying any more for its daily coffee.”

“A regenerative agroforestry model” is precisely what farming has always been and there is no need to redesign the wheel. The WEF introduced the concept in 2019 in an article entitled, “How regenerative agroforestry could solve the climate crisis.” The article claims that farming, the most essential industry for our survival, has contributed to 30% of global greenhouse gas emissions, and is the cause of 80% of deforestation. The latter is the key here – they want the land in order to seize the means of production.

LandUseEfficency.WEF_.Farming

The globalists claim that “land use efficiency” needs to improve by 2030. They have already implemented restrictions on fertilizers and taxed the life out of farmers. I mentioned in another article how US farmers are unable to pass their land onto the next generation due to the death tax. Globalists like Bill Gates have been buying countless acres of farmland to prepare for the next step. Farmers throughout the world are protesting the increased regulations, but you won’t see that covered by the media.

The ultimate plan is to force farmers to lease their land. You will own nothing, but they will own everything.

Do Futures Result in Manipulating Gold?


Posted Jan 26, 2024 By Martin Armstrong 
1924 Gold Hoard 2

COMMENT #1: Mr. Armstrong, I just wanted to thank you. I am a converted gold bug. Your comment about how gold was $875 in 1980 and the Dow was 1,000 compared to today cannot be ignored. I can see now that it is more of a religion than reality, like climate change absent the science. I was at Starbucks, and Generation X before me just paid with his phone. They have no idea what money is and have no idea of precious metals.

I just want to say thank you. I now understand they are a hedge when confidence collapses and we are moving closer to that period day by day.

Thank you for the education

Kerry

QUESTION #1: Hello; If a house cost $4,000 in 1930, then it cost 200 x 1930 $20 gold pieces to buy the house.
A $20 dollar gold piece @ 33.4 grams of gold today would be $471,000. So not much change except the standard house in 1930 could have used some updates. Wonder if property corellates to gold?
Just for fun; Rob

Wonder Break 1930

ANSWER #1:  You have to be careful, for this is usually a selective analysis put out as a sales pitch. A loaf of Wonder Bread was 10 cents in 1930, and it’s about $5 today. That is the standard long-term inflation. This key is that everything rises and falls.

Yes, it’s good to be diversified. Just be careful with the gold bugs. They often tell you to sell everything, for only gold will rise. That is just not true, and I have seen so many people lose a fortune on that advice.

Babtlon Futures Contracr

QUESTION #2:  Mr. Armstrong,
could you explain how futures markets affect the spot price/the market price?
We hear of futures markets manipulating, affecting the market price, but how is i ask?
I heard that because of the futures markets we then get a different perception of the market price. Meaning that if the futures are trading lower, than the market price will get lower or if the futures are trading higher than the market price will trade higher. Is this true??
Regards,
Pietro

ANSWER #2: It is a fool’s argument to try to explain why gold peaked at $875 in 1980, with the Dow Jones Industrials at 1,000. Today, gold is $2,000, and the Dow is 33,000.  So, to explain why gold has not risen, it must be manipulated.

Futures provide liquidity to any commodity or market. Liquidity expands the market, and thus, more people get involved. If you closed the futures market, then the only way to trade gold would be in physical bullion. The number of investors would collapse. Moreover, producers need the futures market to sell forward to lock in a profit to produce. If a farmer plants a crop expecting to get the market price when planting and something happens when it goes to harvest, he can lose his shirt and be out of business. Future contracts are selling your crop when you plant it, and you are effectively selling the risk to someone else. Here is a futures contract from Babylon during the 19th century BC. This is the way markets have been able to function for thousands of years.

Dow Gold Ratio Y 1 13 24 1

My mother always told me there is a time and place for everything. Eliminating the futures market would rapidly make gold untradable. Miners will not function if they always have to roll the dice, hoping gold will rise and not decline when they finish refining a lot. This is the same for farmers and even in funds management.

I was offered $60 billion to manage as a stock fund in the USA. Because there is a conflict between the SEC and the CFTC, the rule was I could not HEDGE more than 17% at the time, or that would change the definition to a futures fund from an equity fund. I declined because if I saw a crash coming, I would have to sell the stocks, for I would not be allowed to sell futures to cover the risk. That is why I, along with others, started the hedge fund industry back in the 1980s: when S&P500 futures began to trade, these two agencies were fighting over jurisdiction. It was IMPOSSIBLE to comply with the law under the SEC, for you would go to jail with the CFTC. Hence, it was the OVERREGULATION that created the hedge fund industry by force.

Futures are vital because they provide the liquidity to expand markets. Because gold is an international commodity, it CANNOT be manipulated to turn a bull market into a bear market. Even the manipulation claims against the bankers are standard in trading markets. They would know where all the stops are, and they would gun for them. There is always room for swings within any market, but you cannot take a bull market and make a bear market at will.

SSCentAm Gold Bar Black

And just for the record, I have bought gold over the years. I bought a hoard of $20 gold pieces from a central bank. I have bought gold bars from the SS Central America that went down and caused the Panic of 1857. Gold and silver have their place in a diversified portfolio. NO PORTFOLIO should ever be 100% on one thing!

Supreme Court Rules 5-4 That State Authorities Cannot Protect American Citizens from Illegal Border Entry


Posted originally on the CTH on January 22, 2024 | Sundance

In a 5-4 ruling today [pdf Available Here], Chief Justice John Roberts and Justice Amy Coney Barrett joined with the radical leftists on the court, Ketanji Brown Jackson, Elena Kagan and Sonia Sotomayor, to say that Texas is not permitted to protect itself from illegal border crossers.  None of the justices provided any explanation for their vote.

The court majority sided with the Biden administration policy of removing razor wire to permit illegal alien entry without impediment.  Justices Samuel Alito, Neil Gorsuch, Brett Kavanaugh and Clarence Thomas voted with Texas, in favor of national border integrity.

WASHINGTON (AP) — A divided Supreme Court on Monday allowed Border Patrol agents to cut razor wire that Texas installed on the U.S.-Mexico border, while a lawsuit over the wire continues.

The justices, by a 5-4 vote, granted an emergency appeal from the Biden administration, which has been in an escalating standoff at the border with Texas and had objected to an appellate ruling in favor of the state.

The concertina wire along roughly 30 miles (48 kilometers) of the Rio Grande near the border city of Eagle Pass is part of Texas Gov. Greg Abbott’s broader fight with the administration over immigration enforcement. (read more)

God, I pray for stability right now, because this is infuriating.

The irony and hypocrisy of the Supreme Court having a security perimeter for their own security yet dismissing the establishment of a security perimeter for the citizens of the country is not lost on me.

I am beyond angry!

Team Nikki Haley Has Spent $30 Million on New Hampshire Media Ads, but President Trump Still Dominates


Posted originally on the CTH on January 20, 2024 | Sundance

Good grief, talk about burning cash….  According to Politico, the three corporate super PACs and the Nikki Haley campaign have spent almost $30 million in New Hampshire on ad buys.

Three super PACs backing Haley — SFA Fund (aka Randal and Barbara Smith, Alden Global Capital), Americans for Prosperity (aka Charles Koch) and Independents Moving the Needle (aka Jonathan Bush, the cousin of former President George W. Bush, billionaire CEO Frank Laukien, and Big Pharma) have spent more than $24 million across TV, radio and digital ads targeting New Hampshire, according to data from AdImpact, an ad tracking platform. Haley’s own campaign has chipped in another $4.7 million.

[Source]

NOTE: Ron DeSantis has not run any ads in New Hampshire since November, and the DeSantis camp have no additional advertising commitments in any state, including South Carolina.  It would appear the DeSantis campaign is low on cash and being very selective about spending prior to announcing their exit.

[…] According to an additional tracking service, AdImpact Politics, the last DeSantis ad to air on television was Monday, the night of the Iowa caucuses, which he lost by 30 points. That is reportedly the longest period his campaign and PACs Never Back Down, Fight Right, and Good Fight have gone without appearing on the airwaves. (MORE)

President Trump is leading Nikki Haley in New Hampshire polling 53% to 36%.  Ron DeSantis has 6.6% support. {source}

President Trump played this primary contest brilliantly, with a little assist from divine providence.

President Trump kicked off his campaign in South Carolina and now has the teams of the governor and both senators on his side.  The South Carolina electorate is filled with MAGA base supporters, and Trump has essentially funneled DeSantis and Haley into a no-win position.

Knock out Haley in New Hampshire, crush them both in Nevada with an Iowa like outcome, then stomp them in their fallback position, South Carolina.

This primary contest should be over immediately following South Carolina.

The Nightmare at the Border


Posted originally on Jan 20, 2024 By Martin Armstrong 

McDonald’s Bets on China


Posted originally on Jan 18, 2024 By Martin Armstrong 

mcdonalds

My humorous post about McDonald’s celebrating Davos with the McKlaus bug burger deluxe was a pretend advertisement, for now, but McDonald’s is a World Economic Forum partner. This is relevant as McDonald’s is the second-largest private employer in the world. Their chains run across 100 countries, in nearly 40,000 stores, serving about 69 million customers daily. The yellow arches may be one of the first images that come to mind when you think of capitalism and the United States in general, but the company has set its sights on the nation that will replace America as the world’s financial capital.

CEO Chris Kempczinski has said that the Israel-Palestine war had a “meaningful business impact” as people on both sides are boycotting the restaurant chain, with most believing the establishment is pro-Israel. Less than half of their locations are located in the US, and although their business is performing well in America, the fast-food chain is betting on the future of China.

McDonald Buddist

McDonald’s plans to expand by 10,000 new restaurants by 2027, with one-third of those establishments opening in China. The company expanded its dealings in China from 20% to 48% in November 2023 after purchasing shares owned by investment firm, the Carlyle Group. Their analytics found China to be the fastest-growing consumer economy, but it was not always this way. Due to low demand, McDonald’s was forced to sell off nearly 80% of its Chinese interests in 2016.

ECM China 2 2048

So, what was happening in China during 2016? In 2016, China’s growth dropped to 6.7%, marking the slowest pace of growth in 25 years. Fixed asset investment was no longer coming from the private sector, posing a challenge to the economy’s growth and development. The government’s attempts to inject funds into the economy through various means, including easing credit in the real estate sector, did not yield the desired results. This raised concerns about the effectiveness of the stimulus measures. China also faced challenges related to a weak banking system, overreliance on fixed investment and government support for state-owned firms, and increasing debt levels.

Additionally, the world could not see China as anything but a Communist nation. Corporations and institutions see it otherwise; they see the lucrative business potential and a growing middle class eager to spend. Hence, they are heavily investing in future business ventures there.

China’s economy turned around in 2017, as predicted by our computer. Large-scale capital investment, financed by large domestic savings and foreign investment, and rapid productivity growth helped the economy recover. These two factors appeared to have gone hand in hand, with consumption being a major growth driver, contributing 58.8% to GDP growth in 2017.

China on the Rise

The 2018 special report, “China on the Rise,” further explains how Socrates has been honing in on China, whose economy is expected to surpass that of the United States by 2032. With special attention to the Chinese yuan and Shanghai composite, this report examines how, when, and why China will become the new financial capital of the world.

China now has a growing middle class with some expendable income. Big corporations like McDonald’s see China as the next big opportunity, as our computer has been outlining for some time.