Tag Archives: Adverse effects

May 23 2022

Sunday Talks, Harvard Kennedy School Economist Celebrates U.S. Inflation Because Consumer Spending is Higher


Posted originally on the conservative tree house on May 22, 2022 | Sundance 

We often talk about the disconnect between Wall Street (globalists) and Main Street (nationalists), and their influence in economic policy.  Today, Jason Furman, a former Chair of the White House Council of Economic Advisors, appears on CBS News to discuss his Harvard-Kennedy School impression of the U.S. economy.

There’s a particular point in the interview [Transcript Here] that encapsulates the moonbat perspective of the globalists.  Listen at 01:20 and you will hear this:

FURMAN:  “Look, we’ve seen a remarkable thing. Consumers, if you survey them, are very pessimistic and negative about the economy. When they vote with their wallets, we saw- we got the consumer spending data for April and it was way up. Consumer spending on just about everything has been booming. Over the next 6 to 12 months, I’m not super worried about a recession. After that is where I start to get worried because that’s where the Fed’s policy will start having more of an effect.”

Put another way: Our policies have made prices skyrocket (inflation). Consumers are forced to spend more money to sustain themselves (food, housing, fuel, energy); ergo consumer spending is booming. Brilliant, our plan to increase consumer spending by raising their prices is working.  That’s the way these people think. WATCH:

We force you to pay more, then turn around and claim economic victory because you are paying more…. “consumer spending is booming.”

By the way, he’s at the World Economic Forum where this perspective is actually cheered inside the echo-chamber.

Comrades, American consumers are overjoyed with gasoline because they are spending so much more money on it. 

Gasoline sales are booming, so everyone must be happy.

Brilliant! 

May 22 2022

Bev Turner Notes the Social Changes Created by COVID That Have Seemingly Become Permanent


Posted originally on the conservative tree house on May 21, 2022 | Sundance

Filling in for Neil Oliver this week, GB News host Bev Turner delivers a monologue taking a look at the COVID changes that have seemingly become a permanent change.

From remote working to interactions with electronic apps and digital screens instead of people, Turner gives examples of things that changed in the COVID era that never went back to the normal position after the COVID mitigation was ended.

From self-checkout to restaurants using menu apps for the customers to do all the ordering themselves, to plexiglass cubicles, the human connection has been frayed.  Mrs. Turner makes some good points that are well worth considering.  Will the free market bring back these lost connections, or are they gone forever?  WATCH:

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Whenever anyone tries to get me to use a self-checkout, I politely say no thank you and remind the lanyard wearing robot “I have done my part; the rest is up to you if you want to keep my business.”   I have never experienced a restaurant where I had to order everything myself; from my perspective that would be akin to sitting in front of a vending machine, and I simply wouldn’t go there.  But that’s me.

How do you feel about some of these COVID changes described?

May 22 2022

Australia Election – COVID Knucklehead Scott Morrison Out, Climate Change Knucklehead Anthony Albanese In


Posted originally on the conservative tree house on May 21, 2022 | Sundance

After allowing the various state premiers to brutalize the citizens in each of the states with catastrophic COVID restrictions, mandates and compliance regulations, the conservative Prime Minister of Australia, Scott Morrison, has lost his feeble attempt to win reelection.

Australia has replaced Morrison with Labour party candidate Anthony Albanese.  The COVID dictator is out, and the Climate-Change dictator is now installed.  Good luck Australia.

(Via MSM)  […] “We hand over this country as a government in a stronger position than when we inherited it when we came to government (in 2013),” Morrison told a gathering of Liberal supporters in Sydney late Saturday night.  He said it had been a “privilege to lead this great party and lead this great nation” but that he, as leader, would “take responsibility for the wins and the losses”.

“As a result I will be handing over the leadership at the next party room meeting, to ensure that the party can be taken forward under new leadership,” he said.

“It’s a night of disappointment … but it’s also a time for coalition members and supporters all across the country to hold their heads high. We have been a strong government. We have been a good government. Australia is stronger as a result of our efforts over these last three terms.”  (read more)

(Via Politico) – […] Opposition leader Anthony Albanese will be sworn in as prime minister after his Labor party clenched its first electoral win since 2007.

Labor has promised more financial assistance and a robust social safety net as Australia grapples with the highest inflation since 2001 and soaring housing prices.

The party also plans to increase minimal wages, and on the foreign policy front, it proposed to establish a Pacific defense school to train neighboring armies in response to China’s potential military presence on the Solomon Islands on Australia’s doorstep.

It also wants to tackle climate change with a more ambitious 43 percent reduction in greenhouse gas emissions by 2050. (read more)

The biggest winners…

May 21 2022

The Highwire


This is VERY IMPORTANT!

Acclaimed vaccinologist, Geert Vanden Bossche, sits down for his second groundbreaking interview with Del to explain why the intense pressure mass vaccination is putting on the Covid-19 virus will likely drive it to become catastrophically deadly. Click on the arrow on the right side of the image to watch.

#GeertVandenBossche #MyFinalCall

May 21 2022

The Disease Cycle Turns Up April 2022


Amstrong Economics Blog/Disease Re-Posted May 21, 2022 by Martin Armstrong

There is a serious question if these people pushing vaccines, like Bill Gates and Klaus Schwab, are oblivious to the danger of creating unnecessary vaccines by mandating the world get vaccinated that will force viruses to mutate. Are they deliberately trying to create a massive crisis in health? Bill Gates brags he is vaccinated and boosted. If that is true, then he could end up being one of the first to go. Now Australia is already reporting that there are new variants emerging that infect people and the vaccines have been circumvented. COVID was NEVER a serious disease. The same group of people who died were typically those who die annually from the flu. But this time, Gates may have created the worse pandemic in history that will be one that cannot be stopped.

Klaus Schwab must be running short on cash. He is holding DAVOS now in the spring rather than January. The rich, famous, and most powerful are invited to return for their annual brainwashing event in Switzerland, following a two-year coronavirus-induced hiatus. But this time, Klaus has demanded they all be vaccinated and tested to attend, suggesting that the vaccine indeed does NOT prevent getting COVID.

I warned back in 2020 that our models on the cycle of disease were showing a target of 2022 – not 2020. It looks like the computer will be correct again. It looks like 2020 was the precursor and the insane mandatory vaccinations of the world have led to the mutation of COVID which can become a real serious threat Bill Gates can be counting all the money he will make from more vaccines, but this fool obviously took the Blue Pill and lives in a fantasy world where vaccines work PROVIDED the same disease does not co-exist in animals.

I have warned that all we need to do is just look at the antibiotics. The overuse of these drugs has led to superbugs evolving that are now incurable. The CDC has even stated that the overuse of antibiotics has led to superbugs. Interestingly, even the World Economic Forum (WEF) report published in 2014 warned that ‘The world will run out of effective antibiotics.” The WEF stated the link between the overuse of antibiotics was causing antibiotic resistance and superbugs in hospitals. This has increased the death rates of many people. The WEF concluded that antibiotic-resistant bacteria posed the greatest risk to human health. Others have noted that bacteria are growing stronger and acquiring resistance to multiple drugs. (Spellberg, Bartlett, & Gilbert, 2013). So my question is WHY did the WEF insist upon 100% vaccination knowing that will subject society to a devastating loss of life long-term? Was this the true goal?

The Spanish flu pandemic of 1918, the deadliest in history, infected an estimated 500 million people worldwide—about one-third of the planet’s population—and killed an estimated 20 million to 50 million victims, including some 675,000 Americans. The 1918 flu was first observed in Europe, the United States, and parts of Asia before swiftly spreading around the world. The first mention of influenza appears in an April 5, 1918, weekly public health report. The report informs officials of 18 severe cases and three deaths in Haskell, Kansas. The target month here in 2022 for the start was also April. We appear to be getting the mutations of COVID along with the sudden spread of Monkey Pox. And BTW, all the studies showed that masks were “USELESS” back then as well.

May 21 2022

Elon Musk calls accuser ‘far left’ actress, dares her to describe unique part of his body


Posted originally on the New York Post  on May 20, 2022 

May 21 2022

Sri Lanka – First Emerging Market to Default


Armstrong Economics Blog/Emerging Markets Re-Posted May 20, 2022 by Martin Armstrong

Sri Lanka has defaulted on its debts for the first time in its history. It has faced an economic and political crisis triggered by global shock waves from the pandemic and the war in Ukraine. Inflation has hit 40% and the shortages of food, fuel, and medicines combined with the rolling power blackouts, have led to nationwide civil unrest. Their currency has been collapsing and in the face of rising US dollars, they are unable to pay their debt.

Sri Lanka will lower the maximum amount of foreign currency that individuals can possess to $10,000 from $15,000 and penalize anyone who holds it for more than three months. The central bank announced the new rules yesterday, as police fired tear gas and water cannons at thousands of students demanding the government step down for failing to solve the country’s economic crisis.

Sri Lanka is actually the oldest democracy in Asia, and now it is the first default by an Asia-Pacific nation this century. I have warned that the rise in the dollar and the rise in US interest rates would set off an economic crisis in the Emerging Markets. This is just the beginning. It is also what I have tried to point out that the CIVIL UNREST forecast is the precursor to international war and they are the greatest risk to institutions and political change.

Sri Lanka said last month that it would stop repaying its international debts to conserve dwindling foreign currency reserves, vital for importing key raw materials from overseas. It is caught between a rock and a hard place as shortages and inflation rise it is having a devasting effect upon third world countries. The first revolution was in Pakistan. We are looking at the widespread political crisis unfolding in emerging markets. The central bank governor, Nandalal Weerasinghe, said: “Our position is very clear: until there is a debt restructure, we cannot repay.”

Ironically, it was John Exter (1910–2006) who was an American economist, a member of the Board of Governors of the United States Federal Reserve System, and the founder of the Central Bank of Sri Lanka, who was the first central banker to come to visit me in our office in Princeton, New Jersey which began to open my eyes that the forecasts I was putting out were important beyond simply trading. He visited me in 1983.

May 20 2022

White House Warns COVID-19 Pandemic Surges Coming Now


TrialSite Staff Staff at TrialSite | Quality Journalism May. 19, 2022, 12:00 p.m.

SARS-CoV- infections are rising by the day, report various sources, including the U.S. government. With warnings issued just yesterday, about a third of all Americans residing in communities have been exposed to concerning climbs in COVID-19 cases and hospitalizations. Public health officials are urging people to mitigate risks via using masks, social distancing when possible, and other measures such as getting a booster vaccine, accessing testing, taking Paxlovid when testing positive, and meeting label criteria. While some COVID-19 trackers have cases at 100,000 per day, others, such as Johns Hopkins University, identify the number at a far worse 200,000 cases per day as the total number of COVID-19 hospitalization cases passed 17,000 on the way toward 20,000. While deaths are still on the decline, this is typically a lagging indicator after the new case surge. The government has been actively making it easier to access Pfizer’s Paxlovid, which accounts for 20,000 prescriptions per day.

Thankfully, deaths still appear headed downward, but that could potentially change soon, given the rising numbers of cases. However, actual cases of COVID-19 may be far higher, given they are generally milder. With so much self-testing, it’s hard for the government to keep a truly accurate account of the public health situation.

May 20 2022

Putin v Russian Neocons


Armstrong Economics Blog/Russia Re-Posted May 20, 2022 by Martin Armstrong

COMMENT: It appears your Putin is backing down as reported by Fortune. That must mean that Ukraine is winning!

DL

REPLY: I have warned that Putin is a reasonable man. The hatred the Neocons keep painting him with is not just unfair, it is a strategic ploy to DEMONIZE your opponent to justify your own position. They used that same tactic against Trump.

I have tried to explain that Putin is the ONLY rational world leader today. I have warned that if you remove Putin, you will be shocked at what stands behind him. Putin has been called “weak” behind the scenes in Russia because he has been too soft on Ukraine. All the comments about attacking Finland and Sweden are from the second tier — not Putin. Even in Ukraine, Putin made NO effort to conquer the country. The first thing you do is take out the power grid, the communications, and then the water supply. The US did that by invading Iraq. That is STANDARD operating warfare tactics. The fact Putin did not do that showed he was only interested in liberating the Donbas, which is predominantly Russia.

Ukraine has been putting out nothing but propaganda. Even the so-called Bucha massacre has come with allegations. There is NOT one photo showing all these slaughtered dead bodies. I have friends in Donbas as well as Kyiv. If you dared to bring a bottle of Russian vodka for dinner with a Western Ukrainian, it is a serious insult. The sheer hatred there is unimaginable. It is on par with the hatred that had existed in Ireland between North and South.

I am warning you, take Putin out, and you will peel back the onion and find the Russian Neocons who hate the American Neocons on an equal footing. I fear that you will see that Putin will not be there for the 2024 election. Who takes charge after 2024 may very well use nuclear weapons and irradicate Kyiv. Putin is nostalgic about Kiev (Russian Spelling) and regards it as the first capital of the Russ – origin of Russians. Putin will not flatten Ukraine. The second tier would not think twice.

May 20 2022

Col Douglas Macgregor Delivers an Update on Ukraine from a Perspective Western Media Cannot Dare Advance


Posted originally on the conservative tree house on May 19, 2022 | Sundance 

Over time, retired Col Douglas Macgregor has been shown to be quite accurate in his overall perspective of the war in Ukraine.  Appearing on OANN with Dan Ball, Macgregor gives another update on the current status that aligns with what little non-propaganda information is visible.

As Macgregor notes, Russia was always going to strategically win a war in eastern Ukraine for the same reason the United States would win a war in Mexico.  The scale of a determined military capability eventually wins, even with a strong resistance, specifically because: (a) Ukraine is connected to a common border with Russia, and (b) the citizens in the eastern part of the country are aligned with Russia.

Macgregor also identifies the financial motive for the government of Sweden to join NATO, even though the Swedish citizens would likely not support the effort if put to a referendum.  As the retired colonel also notes the lack of recent U.S. media talking positively about the status of Ukraine, is an indicator that Russia is solidifying the eastern part of the country with lessened resistance.  The segment with Macgregor starts at 04:00 (Direct Rumble Link) WATCH: