New Mexican President – Mrs Claudia Sheinbaum Wins Large Electoral Victory Keeping AMLO’s Morena Party in Power


Posted originally on the CTH on June 3, 2024 | Sundance

Claudia Sheinbaum doesn’t exactly sound like a Mexican name (lol), but with around 60% of the vote Mrs Sheinbaum is now the new president of Mexico.  Sheinbaum becomes the first woman president of Mexico and the first Jewish leader of a predominantly Catholic nation.

Sheinbaum and current President AMLO are reportedly close political allies, and both represent the Morena party. The outcome of the election appears to have positioned the Morena party for a considerable set of legislative victories, perhaps giving them a super majority.  In large part this outcome was driven by the working-class and lower income group who strongly support AMLO.

Keep in mind that AMLO was/is essentially a soft-socialist with a strong nationalist streak.  The financial markets do not like the nationalistic aspect to AMLO; Wall Street prefers a multinational corporate politician and a more fascist policy system that is easier to purchase by corporations.  The other aspect that put AMLO on the opposite side of the multinationals was his traditional energy policy (cheap and abundant oil and gas).

It seems that Claudia Sheinbaum carries a political outlook similar to AMLO, with the exception of the energy policy.  Sheinbaum is more of a climate change, green new deal, renewable energy politician.   Sheinbaum’s energy policy outlook gives Suspicious Cat a reason to consider that U.S. IC interests may have put a finger on the scale of the Mexican election.

MEXICO – […] After thanking voters for their support, Sheinbaum emphasized the historical moment. “For the first time in 200 years of the Republic, I will become the first woman president of Mexico,” she told supporters.

“We have achieved a plural, diverse and democratic Mexico,” Sheinbaum said. “Although many Mexicans do not fully agree with our project, we will have to walk in peace and harmony to continue building a fair and more prosperous Mexico.”

Her party, Morena, is expected to have a majority in the legislature, according to projections by the electoral agency. Such a majority would allow her to approve constitutional changes that have eluded current President Andrés Manuel López Obrador. (read more)

Considering that AMLO was not in alignment with Joe Biden, this transition will be interesting to watch play out….

CTH will keep repeating the words, WATCH MEXICO.  Ever since Mexican President Andres Manuel Lopez-Obrador confronted Joe Biden in the oval office about energy policy, things have increasingly escalated.

Remember, Mexico did not join the Build Back Better suicide mission, or the sanctions against Russia.

Keep in mind, it wasn’t just President Trump who blocked the migrants and secured the U.S. southern border, it was AMLO using 50,000+ active military to stop the migration flow of illegal aliens. It’s not a surprise that AMLO is letting the caravans flow to the border, while Biden is trying to undermine the Mexican government.

Remember, the U.S. intelligence community are conducting operations in Mexico; be leery of any headline stories coming out of the country.  AMLO already called out the U.S. and Samantha Power for trying to influence Mexican politics.

MEXICO CITY, May 3 2023 (Reuters) – Mexico’s president asked his U.S. counterpart Joe Biden to stop the United States Agency for International Development (USAID) from funding groups hostile to his government, according to a letter presented to journalists on Wednesday, echoing previous Mexican criticism of U.S. interventionism.

President Andres Manuel Lopez Obrador did not specify which Mexican groups the U.S. should stop funding, but he has in the past accused several media organizations of being part of a conservative movement against his government.

“The U.S. government, specifically though USAID, has for some time been financing organizations openly against the legal and legitimate government I represent,” he said in the letter. “This is clearly an interventionist act, contrary to international law and the relations which should prevail between free and sovereign states.”

The letter calls for Biden’s intervention, saying the U.S. State Department in recent days announced that USAID would increase its funding toward such organizations. (read more)

The Problem with K-Waves


Posted originally on May 29, 2024 By Martin Armstrong 

K Wave MAA

All those investigating cycles within the economy made a simple mistake. Kondratieff followed agriculture/commodity prices when agriculture accounted for 70% of the GDP pre-19th century. That only began to decline from 1850 forward, dropping to 40% by 1900 as the Industrial Revolution emerged with the invention of the steam engine. Moreover, aside from climate impacting the food supply, there were also wars. So the Kondratieff Wave failed to take into account all of the external forces.

If we extend the K-Wave 54 years from the commodity high in 1919, that brings us to 1973, which was close to the end of Bretton Woods in 1971 and the OPEC Oil crisis. Another 54 years from there will bring us to 2027. Therefore, this may be based entirely on commodities, but they were impacted by weather and war. Note that 2027 is the ideal target on our model for war derived from entirely different sources.

KONDRATF

There is a cycle of industrialization as well. Rome began as an agrarian society and moved toward trade, which brought them into conflict with Carthage. Rome itself became more like New York and grain was imported from Egypt. As agriculture became more of an import, Rome blossomed like New York into the arts and culture. The shift toward industrialization also resulted in a decline in birth rates for children. Large families were needed in an agrarian society but not so much in a developed society – hence the family laws of Augustus.

The first known Clean Air Act occurred in 535 AD by Emperor Justinian in Constantinople. He proclaimed the importance of clean air as a birthright. “By the law of nature these things are common to mankind—the air, running water, the sea.” Even Cicero wrote about pollution in the ancient city of Rome. This went hand and hand with developed societies and urbanization.

Consequently, when looking at long-term cycles, a few hundred years is not enough data. If Kondratieff were alive today and based his study on the current system, he would focus on services rather than commodity-based economies. Agriculture has fallen to just 1.2% of the civil workforce, so we cannot follow K-Waves as the innovator intended.

Commodities Trade Differently


Posted originally on May 29, 2024 By Martin Armstrong 

Wheat1220 1375

All commodities, including gold, trade substantially differently than stocks or real estate. Pictured here is wheat back to 1200. Note that you see what appears to be a brain wave. Commodities trade differently because they are subject to nature. Manufactured items can be produced on a more regular basis. However, commodities are subject to weather, and even mining is subject to discovering supply.

Look at energy. The US was dependent on imports and was virtually self-sufficient from foreign production until Biden was appointed.

Here is wheat impacted during the Black Death. Two trends were clashing. There was a 50% drop in population, so demand dropped, but also there was a collapse in labor, so production declined. Prices rose because there was still a shortage of supply because land went vacant and that forced landlords to begin paying wages. There are always far more complicated trends involved in commodities.

WheatWholesaleWWI

War has also impacted commodities. But when gold was MONEY, it declined in purchasing power WITH inflation. When gold is a free market as present, it moves opposite to inflation because, yes, it too is then a commodity. Making gold money will NEVER prevent the cycles as illustrated above and it will decline in purchasing power with inflation that is in part driven by nature.

GOLD1560to1991

Consequently, even gold makes runs to the upside (bursts) that are largely catch-ups. It does not remain constant even against silver. Gold is the worst investment from an inflationary standpoint if you expect it to track inflation, for it does not and will not. Right now, we are in a cycle where CONFIDENCE has waned, and we will see gold rise with the stock market, but it trades far differently from stocks.

Cyclical analysis is all about defining WHEN such events will take place. Price is entirely a different aspect. The burst is just that – a rally that appears to come from nowhere playing catch-up because EVERYTHING has an international value.

Does an Increase in the Money Supply Lead to Inflation?


Posted originally on May 29, 2024 By Martin Armstrong 

Supply Demand

The old idea that inflation is created by an increase in money supply has distorted the minds of many people. Inflation is caused by numerous factors for it is not a one-dimensional aspect. For example, say a bird flu has rendered half of the egg production to be worthless, which would send egg prices soaring. This would have nothing to do with the quantity of money. So, obviously, a decline in the supply of some service or commodity can also lead to rising prices. Supply and demand.

Then there can be cost-push inflation as we saw during the 1970s due to OPEC. The first OPEC price shock was October 1973 from where we should see the next low in 2016 (43 years later). The sudden rise in oil sent a shockwave through the economy, driving up prices because the entire economy had to readjust to higher energy. This was not the result of an increase in demand nor an increase in the money supply.

When gold was used for money during the 19th century, it fell sharply in value with each new discovery from California, Australia, and Alaska. Inflation rose because of a dramatic increase in the money supply, which is exactly what took place in Europe when Spain brought back ship after ship of gold from the New World. The sudden dramatic rise in the supply of money unleashed inflation, and during both periods, money (gold) failed to provide a store of value.

Steady, slow growth in the supply of money does not lead to inflationary waves. We find that major waves of inflation are often tied to waves of speculation, which differ with each wave moving from real estate, commodities, stocks, or bonds, constantly rotating over decades within a domestic economy and then this movement of capital takes place internationally.

Inflation is not a single one-dimensional aspect. It moves up and down between the rise and fall in the demand for private assets vs. hoarding and uncertainty.

Steve Bannon’s Explosive Rant: Conservative Leaders Lack the Balls to Save the West


Posted originally on Rumble By Bannons War Room on: May 25, 2024 at 06:00 pm EST

Steve Bannon Warns: World War 3 is Closer Than Ever with Terrifying New Battlefield Tech


Posted originally on Rumble By Bannons War Room on: May 25, 2024 at 06:00 pm EST

Bannon Exposes Plot: RINOs Scheming to Steal GOP Nomination from Trump and Push Nikki Haley as VP


Posted originally on Rumble By Bannons War Room on: May 25, 2024 at 06:00 pm EST

Steve Bannon Predicts Violent Revolution in Britain if Technofeudalism Takes Over


Posted originally on Rumble By Bannons War Room on: May 25, 2024 at 06:00 pm EST

President Trump Sends Message of Support for Cryptocurrency


Posted originally on the CTH on May 25, 2024 | Sundance 

This is interesting. Only a very small segment of the U.S. electorate seemingly understands the ramification of a dollar-based central bank digital currency (CBDC) for the USA. There is also evidence the Russian sanctions were created as the starter fuse for the CBDC process.

WASHINGTON DC – […] Crypto-friendly legislation moving through Congress in the last two weeks drew a surprising level of bipartisan support, surfacing household names such as Senate Majority Leader Chuck Schumer and former House Speaker Nancy Pelosi as unexpected allies, while suggesting that crypto skeptics like Sen. Elizabeth Warren may soon be isolated on the issue.

[…] Republicans who were already aligning themselves with the crypto world are leaning into the embrace even further. Former President Donald Trump is increasingly pledging to support the interests of digital asset traders, and he’s starting to accept campaign contributions in crypto. (MORE)

Please Keep this in Mind from MARCH 2022:

“The Order directs the U.S. Government to assess the technological infrastructure and capacity needs for a potential U.S. CBDC in a manner that protects Americans’ interests. The Order also encourages the Federal Reserve to continue its research, development, and assessment efforts for a U.S. CBDC, including development of a plan for broader U.S. Government action in support of their work. This effort prioritizes U.S. participation in multi-country experimentation, and ensures U.S. leadership internationally to promote CBDC development that is consistent with U.S. priorities and democratic values.”  (WHITE HOUSE)

That announcement was less than 2 weeks after Russia moved into Ukraine.

Is the population decrease a bad thing? Unpacking why population increase is an overall good


Posted originally on Rumble By Charlie Kirk show on: May 24, 2024 at 5:30 pm EST