Chapter 11 bankruptcies in the US rose by 68% during the first six months of 2023, according to Equip Bankruptcy. You may have survived the pandemic, but surviving Bidenomics is proving too much for many businesses. There were 1,766 filings during the first six months of 2022, compared to the 2,973 businesses that went under this year. Chapter 13 personal bankruptcy also rose by 23% during this period.
Around 12,107 commercial filings were recorded during the first half of this year, marking an 18% increase year-on-year. Small businesses experienced a 55% increase in Chapter 11 filings during the same time period. Commercial bankruptcies increased 12% year-on-year in June alone, and small businesses saw a 111% spike. “The growth in filings is reflective of more families and businesses facing surging debt loads due to rising interest rates, inflation, and increased borrowing costs,” said ABI Executive Director Amy Quackenboss.
Everyone is in trouble here. This is becoming a trend as inflation is here to stay. Credit card debt has reached historical highs as people struggle to pay the basics. Businesses were already decimated by COVID policies, and some never regained the momentum. People have lost all confidence in the future and are less likely to spend. Many businesses attempted to recover from lockdowns and the supply chain disaster, but the increased regulations make it difficult for many to profit. It will only become more expensive to borrow money as Powell all but guaranteed additional hikes this year, and now many have no other option than to liquidate it all.
Posted originally on the CTH on July 11, 2023 | Sundance
President Trump does not mince words when it comes to the senseless bloodshed and chaos in Ukraine.
As Joe Biden meets with NATO members to consider their latest strategies to expand the proxy war in Ukraine, President Trump denounces the decision to provide cluster bombs.
It should be noted, this recent decision by Biden follows an earlier decision by NATO to send depleted uranium munitions into the battlefield. Ukraine is quickly turning into a toxic killing field as World War Reddit continues.
DONALD J TRUMP – “Joe Biden should not be dragging us further toward World War III by sending cluster munitions to Ukraine—he should be trying to END the war and stop the horrific death and destruction being caused by an incompetent administration. These unexploded cluster munitions will be killing and maiming innocent Ukrainian men, women, and children for decades to come, long after the war—we pray—has ended.
If, as Biden inadvertently admitted, the reason for sending cluster bombs now is that the United States is “running out of ammunition” (a great breach of classified information), that only further emphasizes the urgency of immediately deescalating this bloody, dangerous, and out of control conflict. It certainly means we should not be sending Ukraine our last stockpiles at a time when our own arsenals, according to Crooked Joe Biden, are so perilously diminished.
There could be no more vivid proof that Joe Biden’s policy of endless war in Ukraine has tremendously weakened the United States than the humiliating admission that the USA is now out of ammo, something our enemies are undoubtedly salivating over. This “admitted” weakness is an invitation to enemies all over the world. Joe Biden is needlessly and dangerously leading us into World War III, which would be a nightmare beyond imagination—obliteration!
We must stop this insanity, immediately end the bloodshed in Ukraine, and return to a focus on America’s vital interests. Most importantly, we must completely rebuild our depleted military so it is once again so strong—like it was just 3 years ago when I rebuilt it—that no nation would even think of threatening our people. We must have “PEACE THROUGH STRENGTH” and in a short time, the Presidential election of 2024 will produce that result.” (read more)
[…] NBC News asked most of the 2024 GOP presidential campaigns Monday for comment to gauge where other candidates stand on the munitions issue.
Only former U.N. Ambassador Nikki Haley responded, she said she supports the decision. (link)
Cluster Bombs kill more civilians than soldiers and are one of the most lethal weapons that destroy any territory. More than 120 countries have signed on to an international treatybanning the weapons, which typically scatter a large number of smaller so-called bomblets over a large area that can kill or maim unwary civilians months or years later. The United States refuses to sign the treaty. Our Neocons block anything to reduce their blood-thirsty hatred of Russians and Chinese. The United States is kept divided, using abortion and LGBTQ and pushing transgender on minor children all to divert our attention from the cold hard reality that the United States has undergone a coup where the Neocons are now in full control of the government and intend to wage world war III. There is no way they will allow Trump to win, nor will they allow RFK Jr. Biden will win and the CIA, etc, will ensure the vote is rigged in 2024. There is no way they will allow anyone to come to Washington to stop this war they have dreamed about their entire lives.
The US has maintained that Cluster Bombs are a war crime in themselves. Yet, the United States intends to now send Cluster Bombs to Ukraine. The Neocons care nothing about international law or even the opinion others have of the United States. The Neocons have pushed torture in Guantanamo Bay and don’t forget about what they did in the Middle East. The Neocons directed the United States Army and the Central Intelligence Agency to commit a series of human rights violations and war crimes against detainees in the Abu Ghraib prison in Iraq,
What they did in Abu Grab was a war crime but nobody in Washington will dare accuse a Neocon. The US pays professionals on how to torture. There would be nobody in Guantanamo Bay prison if they were guilty. They would put them on trial publically and pump up the press and the prosecutors would become famous and then run for political office. Their best case was put on trial and the jury found him innocent of over 200 charges and guilty of only one count of conspiracy. Ahmed Khalfan Ghailani was the best case they had. Obama reiterated his first campaign promise to close Guantanamo Bay and end torture back in 2008. – it’s still open.
Neocons always do whatever they want. They will NEVER comply with international law and could care nothing about tarnishing the image of Americans worldwide.
QUESTION: Do you think the BRICS would create a gold-back currency as proposed by Russia?
SJ
ANSWER: The Neocon has directed the Biden administration to remove Russia from SWIFT. Their single-minded goal is destroying the world economy, but they do not care. They think they will conquer Russia and China and dominate the world so they will worry about the monetary system afterward.
You have to understand that if the BRICS followed that directive and created a single gold-back currency, they would have to end any idea of international trade. This proposal is understandable given the hostility of the United States from the Neocons, who are now in charge. Congress is oblivious to what is happening, and the American public is arguing over Transgender destroying the family unit.
This is not some simple one-dimensional idea that we create a limited-backed currency. That will be DEFLATIONARY and, at the same time, promote civil war in the United States. Politicians cannot run for office, promising endless gifts, forgiving student loans, etc. You cannot have deficits. This would NECESSITATE the end of Marxism once and for all.
This idea of a gold-back currency requires political change on a grand scale. That is coming. Post-2032 will be a new monetary and political system. Before then, they are pushing CBDC, and they will restrict what you can buy or sell, and this is all to retain power because they KNOW they are losing it. But in the process, they are destroying everything. The people who voted for Biden had no clue that they were voting for a coup and the ultimate destruction of Western civilization as we have known it.
I buy gold, but I also understand the game. I do not want gold-back currency; I prefer gold to remain as a hedge against the government. If they back the currency with gold, this time, they will be knocking down every door to confiscate it all.
These Neocons have already divided the world economy in two. They think they will conquer the world. The enemy is within.
QUESTION: Is it true that Zelensky is canceling elections?
HZ
ANSWER: On June 22, 2023, President Volodymyr Zelenskyy is a dictator installed by the West to create World War III against Russia. Zelensky told the BBC that Ukraine’s scheduled 2023 parliamentary and 2024 presidential elections would occur only if martial law had ended by that time, as reported by the New Voice of Ukraine. Hence, he has a personal reason not to seek any peace whatsoever.
There is NO WAY Zelensky is fighting for democracy – this is all propaganda. He hates Russians and refuses to allow them to separate as per the Mink Agreement and, at the same time, refuses them to vote in any Ukrainian election, no less for their independence. Zelensky is an outright war criminal, and over 8 million Ukrainians have now fled their own country because he refuses to end the war and is destroying his own country all for Blackrock’s investment scheme. His own people would remove him from office, so he cannot allow any election, and there is no way NATO or the USA will allow free elections in Ukraine.
There is no way this war will end without the Donbas’ destruction and Russia’s fall. It is a proxy war that the United States started. CIA chief John Brennan traveled to Kiev in 2014 and instructed them to begin the civil war. Kiev called the Russians of the Donbas “terrorist” because they sought independence from Kiev just as Kiev sought independence from Moscow.
Biden & Harris are clearly a no-brainer for the Neocons. There is way too much at stake. If the Neocons could, they would suspend elections in the USA as well. These people have wanted to destroy Russia for decades. They have waged endless wars, one after the other, and never won a single one. The Taliban are now major arms dealers selling billions of dollars of the weapons we left behind. They intend to escalate Ukraine and need to get the US directly involved because they cling to the idea that no president has ever lost an election during a time of war. They need to escalate this war and soon. The rumor is that Ukraine will detonate a dirty nuclear bomb and blame Russia, and then NATO and the USA invade.
Posted originally on the CTH on July 8, 2023 | Sundance
The Netherlanders are a rather dramatic sort, organizing their system of governance on coalitions of various shades that agree to high-minded pleasantries as a way to remain above the fray of pesky conflict. Alas, once a moment of core and consequential disagreement reaches an impasse, the entire Dutch government is said to “collapse.”
The Dutch Prime Minister Mark Rutte traveled to Tunisa earlier this year, together with EU leaders, pledging €1 billion in assistance if the North African gatekeepers could just stop the flow. The effort didn’t work, and his small country of 18 million, already dealing with major internal conflict driven by farmers and climate change, could not cope with the toxic political challenge of increased unlawful migration.
Associated Press – The ruling Dutch coalition collapsed Friday after tense talks among the four parties in Prime Minister Mark Rutte’s ruling bloc failed to broker a deal over ways to rein in migration, a senior politician said.
Henk Kamp, a senior member of Rutte’s People’s Party for Freedom and Democracy told Dutch television: “It is a great shame that the government has now fallen.” The failure of months of talks on the thorny issue could now force a general election.
Rutte’s Cabinet gathered late Friday in a hastily scheduled meeting. “We talked for a long time, we are coming here tonight because we did not succeed,” Defense Minister Kajsa Ollongren told reporters as she walked into the Cabinet meeting.
Meanwhile, opposition lawmakers wasted no time in calling for fresh elections.
Geert Wilders, leader of the anti-immigration Party for Freedom, tweeted, “Quick elections now.” Jesse Klaver, leader of the Green Left party also called for elections and told Dutch broadcaster NOS: “This country needs a change of direction.”
Rutte, the Netherlands’ longest serving premier, presided over late-night meetings Wednesday and Thursday that failed to result in a deal. More talks were held Friday evening, and he declined to answer questions about the issue at his weekly press conference before the discussions.
[…] There will likely be an election for the 150-seat lower house of the Dutch parliament later this year amid a polarized and splintered political landscape. Rutte’s Cabinet would likely remain in office as a caretaker administration until a new government was formed.
During provincial elections earlier this year, a populist pro-farmer party put Rutte’s party into second place. The defeat was seen as a possible incentive for Rutte to do his utmost to hold together his coalition until its term ends in 2025. (read more)
“Goodbye car ownership, hello clean air: welcome to the future of transport,” the WEF published on its website back in December 2016. The first step is to transition cars to electric under the guise of climate change. This will cause all vehicles to be dependent on the electrical grid, which the government controls. Yet, they never planned to stop at electric vehicles. They want full control over you and where you go. It was announced at the Summer Davos that the ultimate goal is to end 75% of ALL car ownership, including electric vehicles, by the year 2050.
The WEF hopes that the masses will be living within 15-minute cities by 2050. Originally they wanted to accomplish this by 2030 under Agenda 2030, but they need to obtain complete control over the banking system first and usurp our essential resources so that we will be completely dependent on government for survival. “The Urban Mobility Scorecard Tool: Benchmarking the Transition to Sustainable Urban Mobility,” which was released last month, states 70% of the population will live within these urban areas by 2050. The three stated pillars to achieve this goal are governance, resilience, and connectivity. Schwab said it himself that he has already infiltrated government cabinets globally, and they are swiftly implementing regulations to make his dystopian utopia possible. The resilience pillar aims to overtake as much space as possible, which is why BlackRock has been steadily buying residential properties. Connectivity is more than simply aligning with governments, as that was achieved in the first pillar. Connectivity aims to integrate their tools of control into modern society. Digital IDs, currency, and social scores are coming.
Schwab claims that eliminating private car ownership will slash CO2 emissions by 3.9 billion tons per year. As a reminder, everyone flew on private jets and was chauffeured in limousines to Davos – they do not care about the environment in the slightest. There is a much darker motive at play that the public needs to realize. Free transportation will be provided in these 15-minute citieswhere most of the population will reside. Everyone will have a digital ID and social credit score. This is NOT about climate change — the goal is to eliminate the freedom of movement.
They can simply deny you access to your bank account with the push of a button. Without private vehicles, they can deny people access to public transportation to ensure everyone stays in place. The WEF does not think the human race has the right to freedom of movement. Everyone will be tracked and assigned a score based on how well they obey authority. Say they wanted to implement a climate lockdown for any reason at whim. Well, 70% of the population would then be guaranteed to stay in place with no alternative available. Took more trips on public transportation than your score allows? Entry denied! Didn’t take the latest vaccine? Entry denied! Governments across the globe are already on board to destroy society to BUILD BACK BETTER. They will make car ownership extremely difficult for the average person through taxes and regulations in the coming years. You will own nothing and be happy.
The goldbugs cling to everything they can to promote gold at the destruction of the dollar. They are pushing the idea that China, Russia, and other BRICS countries are developing a dollar alternative. The truth of the matter is that is more fiction. Even India’s foreign minister S. Jaishankar came out and said, “There is no idea of a BRICS currency.” Foreign minister S. Jaishankar made it clear that the five-member BRICS group – consisting of Brazil, Russia, India, China, and South Africa – isn’t currently planning to develop a greenback substitute for trade and investments. “On what we will discuss at the BRICS meeting, we’ll have to see because there are many other issues – but there is no idea of a BRICS currency,” he said, as shown by footage from the Hindustan Times.
To even attempt to do something is absurd to create a BRICS currency like the euro would doom their economies. The #1 market remains the American consumer, and to price things in some alternative currency would undermine their own economies. People need to understand currency.
That was the entire purpose of creating the Euro. German Chancellor Kohl took Germany into the euro for the purpose of eliminating the foreign exchange risk to other European states so that Germany could then sell more products throughout Europe. The euro was to eliminate that foreign exchange rise to increase sales. The propaganda of the goldbugs who just hate the dollar is utter nonsense. They will not create some BRICS alternative to the dollar, surrendering their sovereignty to some central power as all European states did by creating Brussels. Kohl denied the Germans the right to vote on joining the euro, for he knew he would lose. That is why he refused to consolidate the debts fearing the German people would rise up in revolt against him.
The Roman Empire was the financial capital of the Western World. They traded with both China through the silk road and India for spices. Even Alexander the Great attempted to conquer India and failed. Here we have an Indian imitation of a Roman gold aureus of Tiberius. The importance of Indian imitations of Roman gold coins demonstrates that there was a PREMIUM to the coinage of Rome above the metal content, which is why the Indians imitated Roman coinage. Otherwise, they would have minted their own coins in Southern India.
Indian imitations of Roman gold coins continued into the reign of Gordian III (2388-244AD), minted in Southern India that traded spices with the Greeks and the Romans. In Northern India, there was the Kushan Empire which was the first to issue Indian gold coinage. However, the Kushan Empire was not that portion of India that was engaged in the spice trade.
All of this proves a very significant point. The coinage was not simply the metal content. If that were the case, we would not find an imitation of the coinage of the dominant financial capital at that time. Here is a gold imitation of Philip II (359-337BC), Alexander the Great’s father.
We see the same imitation of the silver Athenian Owls (Tetradrachm) minted in Arabia. The same exists in Egypt, which did not issue its own coinage. Imitations of the dominant coinage of financial capital existed throughout the centuries.
Even during the 12-13th centuries, European states also imitated the gold Florin of Florence. All of this clearly establishes that the goldbugs are simply wrong and do not understand the monetary history of the world. There is always a premium to the dominant economic empire. For right now, that is the US dollar.
For now, the dollar will retain that role up to about 2029.
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