Posted originally on the CTH on May 16, 2024 | Sundance
This entire hour conversation with Péter Szijjártó is a ninja level linguistic evisceration of the lies, fraud and media spin that form the epicenter of the “great pretending” era. It really is worth watching all of it.
However, for the sake of time and focused attention, I have prompted the interview to the 18:00 point where Hungarian Minister Szijjártó, the Hungarian equivalent of our Secretary of State, talks about the great Western con job surrounding the Russian sanctions.
As many of you know, I traveled to Budapest and sat in bank offices so that I could literally see with my own eyes what I was told was happening {GO DEEP}. Everything that Péter Szijjártó says in this interview is well articulated and 100% accurate to the reality of what is happening. WATCH [Prompted]:
“Europe is at a crossroads. The war in Ukraine continues with no end apparent as yet. Important European Parliament elections are taking place in June with the Bloc’s political future uncertain. Further afield, Israel’s conflict in Gaza and tension in the Middle East has also had wider global repercussions. And with 2024 dubbed, ‘the year of elections’, much of the world anxious as to the viability of democracies worldwide, with a firm eye on the United States in November.
On July 1st 2024, Hungary will assume the presidency of the European Council. With a multitude of challenges in Hungary, Europe and around the world, there is plenty to occupy Budapest during its 6-month term. Minister of Foreign Affairs and Trade of Hungary, Péter Szijjártó, will discuss how Hungary intends to utilise its presidency, as well as the wider perspectives from Hungary on the ever fragmenting global order.”
If the EU can fracture the “New World Order” mechanics and “global order” plans, which are really outcomes of the Build Back Better agenda that followed the COVID-19 plandemic, the U.S. CBDC effort weakens. These are the stakes within the EU as they relate to the USA. This is also why we see the State Dept (Samantha Power) and CIA emphasizing and supporting the anti-government movement in Hungary.
The USA successfully operated a regime change (color revolution) in Poland and Moldova, and are currently working on Georgia and Hungary.
We should all pay attention when Team USA are not worried about Russian economic sanctions. That sentiment indicates they are working the alternative plan to expand the war against Putin directly.
Posted Originally on May 16, 2024 By Martin Armstrong
The New York Federal Reserve reported that American households set a new record after plummeting into $17.69 trillion of debt, a 1.1% ($184 billion) increase from Q4 2023. Worse, the number of delinquencies is rising as households struggle to make ends meet amid the cost of living crisis. Inflation is not waning, taxes are rising, and America’s debt burden has become utterly unmanageable.
Mortgage balances rose by $190 billion and reached $12.44 trillion by March. People are paying far more in interest alone than they have in recent years. Those who bought in the hopes of refinancing are not in a good position. Auto loan debt rose by $9 billion, reaching $1.62 trillion.
Americans have been attempting to pay off their credit card balances, with overall credit card debt declining by $14 billion to $1.12 trillion. Yet, that was close to a record-high for credit card debt and we tend to see balances lowered after the holiday retail spending spree ends. Consumers do not want to pay those 20%+ interest rates on cards but many are forced to do so simply to put food on the table.
Delinquencies are rising – this is a major issue. It is difficult to crawl out of debt once someone is deep within the cycle. “In the first quarter of 2024, credit card and auto loan transition rates into serious delinquency continued to rise across all age groups,” said Joelle Scally, regional economic principal within the Household and Public Policy Research Division at the New York Fed. “An increasing number of borrowers missed credit card payments, revealing worsening financial distress among some households.”
Credit card delinquencies have reached their highest levels since 2012 when America was recovering from the Great Recession. In fact, by the end of Q1 2024, around 3.2% of all outstanding debt was in delinquency. The New York Fed reported a rise in missed payments across all debts, including those 90 days past due.
No foreign nation is coming to offer America a bailout check. The Biden Administration has made it clear that American households are NOT Washington’s priority. We are to continue working and paying taxes in order to fund foreign wars and climate change packages. How else will we house those 7+ million illegal migrants and offer them free healthcare and shelter? How else will we pay off the student loans for millions? How else will we continue to grow the public sector and pay for countless new social programs? Americans are in serious debt, and Washington is all but ensuring this trend continues.
The Prime Minister of Slovakia, Robert Fico, has suffered an attempted assassination. The rumor is that the assailant was pro-Ukraine. Fico’s renewed leadership as prime minister began with his halting of military aid to Ukraine in January, and just last month, he pushed through plans to crap public broadcaster RTVS. Some have accused the political opposition of inciting the attack. I have not been able to confirm the motive, but this is the talk in Slovakia.
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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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