Posted originally on Dec 17, 2024 by Martin Armstrong
Our models do not indicate that food inflation will ease in 2025. In fact, I have repeatedly warned that people may want to stockpile food for the next two years as there will be weather events and supply chain shortages. Our model warns that we may see another severe drought, probably between 2025 to 2027, in both the US and Canada. The drought conditions are already beginning, and this is in line with our model, which warns it will expand into the 2025-2027 period.
Walmart CEO Doug McMillon announced last week that he expects persistent high prices at the grocery store. “I don’t know what the whole year is going to look like. I hope and I think it could be better as these commodities adjust — some of them,” he said per GroceryDrive. According to McMillon, he was “disappointed” at where food inflation was currently and cited that eggs and dairy were the main problems.
Food prices shot up during the pandemic and never fully recovered. Then the was in Ukraine hurt Europe’s food supply in a major way. In America, the Food Industry Association conducted a study that revealed food inflation in America rose 25% since the pandemic, and recently rose 1.1% on a monthly basis in November.
We then have those adhering to the climate change agenda reducing farmland and available cattle. They have repeatedly stated that humans simply consume too much meat, and our diets must change to reduce our carbon footprint.
Tariffs are inflationary and always hurt the consumer and have not helped in recent years. Additional tariffs will disrupt the supply chain and cause prices to rise. Obviously this is not limited to Walmart, the grocer who perhaps sells the cheapest goods in mass. Central banks are cheering that inflation has tamed but utterly ignore the persistently high cost of basic necessities like food.
Posted originally on the CTH on December 15, 2024 | Sundance
Incoming national security adviser Michael Waltz talks to Face the Nation with dramatic acting Margaret Brennan. The first part of the interview discusses drones, fears and “gaps in our security” according to Waltz.
Within the interview Brennan questions Waltz about Hungarian leader Viktor Orbán personally meeting with President Trump and carrying a potential message from Russian President Vladimir Putin. Waltz notes that Orban “clearly has a good relationship” with President Trump and that will be key to ending the war in Ukraine. WATCH:
As National Security Advisor, Waltz likely won’t last a year. “Gaps in our capabilities,” is DC intel codespeak for more rules, regulations, control mechanisms and anti-freedom national security legislation is needed.
My Spidey sense indicates a CNN gig in his future. Waltz just gives off that ‘he will believe everything the IC tells him’ vibe.
Mike Waltz is married to Julia Nesheiwat, the sister of Surgeon General nominee Janette Nesheiwat.
Julia, who -like all other people who work in DC silos- has never taken a married name. Julia Nesheiwat was born in Carmel, New York, in 1975 to Jordanian Christian immigrants and raised in Umatilla, Florida. She has a BA from Stetson University, an MA from Georgetown, and a PhD from Tokyo Tech.
Julia Nesheiwat became a military intelligence officer. She received the Bronze Star Medal during Operation Enduring Freedom in Iraq. She departed the military as captain. Julia Nesheiwat served in several U.S. administrations. Under George W. Bush, Barack Obama, and Donald Trump, she held senior national security and economic policy positions. Her most notable role was as Trump’s 10th Homeland Security Advisor from 2020 to 2021. Her Bush administration posts included State Department seniority and Office of the Director of National Intelligence Policy Chief.
Suffice to say their bedroom conversations are likely Intel Community shop talk.
While it’s interesting that Congressman Mike Waltz was selected to be President Trump’s National Security Advisor, it’s actually Julia Nesheiwat that carries the curriculum vitae that seemingly qualifies her for the job.
This will be an interesting dynamic to watch unfold.
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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