Tag Archives: world bank

Jan 1 2023

Beyond Hubris – European Bank President Lagarde Says Policy Efforts Must Be Taken to Stop Wage Growth


Posted originally on the CTH on December 31, 2022 | sundance

The ideology of these elitist minded control officers is really remarkable.  The president of the European Central Bank, Christine Lagarde, has given several statements to media saying policy measures must be put into place in order to stop wage growth from fueling inflation.

Think about this in the most practical of terms.  Western politicians have created massive inflation through their collective ‘Build Back Better’ energy policy.  The central banks have raised interest rates, an effort to shrink the economy by lowering energy demand, to offset the skyrocketing costs of the energy problem the politicians created.

With workers demanding pay raises to help afford the skyrocketing costs of energy, the central EU bank is now worried that wage increases will fuel inflation.

There’s a truckload of pretending needed to avoid seeing the insufferable dynamic of reality.

Political policy drives up energy costs. Central banks try to drive down energy demand.  Workers unable to afford the energy prices created by politicians, are then blamed for the inflation the political policy creates.

Sooner or later ordinary people are going to figure out this abusive cycle.

(Via Reuters) – Euro zone wages are growing quicker than earlier thought and the European Central Bank must prevent this from adding to already high inflation, ECB President Christine Lagarde told a Croatian newspaper.

The ECB has raised interest rates by a total of 2.5 percentage points since July in a bid to arrest a historic surge in inflation and has promised even more policy tightening over its next several meetings as longer-term price growth expectations have started moving above its 2% target.

“We know wages are increasing, probably at a faster pace than expected,” Croatian newspaper Jutarnji list quoted Lagarde as saying on Saturday. “We must not allow inflationary expectations to become de-anchored or wages to have an inflationary effect.”

[…] Lagarde added that the bloc’s expected winter recession, induced by soaring energy costs, is likely to be short and shallow, provided there are no additional shocks. (read more)

That last line is just beyond infuriating.

This era of economic pretending, and the disconnect in the mindset of the self-proclaimed elitist rulers, is just jaw dropping in scale and scope.

.

Dec 31 2022

UKRAINE Fires Missile At BELARUS, Putin FIRES Back, Andrew Tate ARRESTED


The Dive With Jackson Hinkle Published originally on Rumble on December 30, 2022 

A very interesting discussion around the one hour point by a Ukrainian Woman Tetyana Monntyyan that gave a speech to the UN Security Counsel (I think) explaining how the 2014 Minsk agreement was never meant to allow the Donbas region to vote and determine their future. It’s “only” purpose was to give Klaus Schwab time to build up the Ukrainian army to take out Russia under US support and direction.

Dec 31 2022

PUTIN saves america!


The Dive With Jackson Hinkle Published originally on Rumble on December 29, 2022

Putin may not be an angle but it is a lot better then the currant occupant of the White House who his destroying the American Republic by following the dictates of the insane politics of Klaus Schwab who runs the World Economic Form (WEF) and developed The Great Reset and Build Back Better program to change all the countries in western civilization into a socialist paradise run by the United Nations. His current goal to to invade Russia and stop the fossil fuel production to save the planet.

Dec 31 2022

Douglas Macgregor – We have Russia All Wrong


Armstrong Economics Blog/Russia Re-Posted Dec 31, 2022 by Martin Armstrong

Douglas Macgregor is a retired U.S. Army colonel and government official, and an author, consultant, and television commentator. He played a significant role on the battlefield in the 1990-91 Gulf War and the 1999 NATO bombing of Yugoslavia.

Dec 31 2022

The Political Storm on the Horizon


Armstrong Economics Blog/Politics Re-Posted Dec 30, 2022 by Martin Armstrong

COMMENT: Could an individual state finish the wall started by the previous administration?
It’s painfully obvious Washington has its own agenda. And at this time, I see no point in even lobbying our federal government to do anything in our border towns/states. Is it legal to have our individual states finish what was started? I know I’m not alone in my concerns and would gladly contribute to a “wall fund”, or something of the sort. Maybe things are so corrupted it would be pointless?

REPLY: Yes, it is the state’s border. Knowing the atmosphere on Capitol Hill, it has simply become war and it has nothing to do with the benefit of the nation. I was impressed by the words of Arizona Sen. Kyrsten Sinema who courageously announced that she was leaving the Democratic Party to register as an independent. It was her words that rang true. She stated that she was abandoning the Democratic Party and turning her back on the “broken partisan system in Washington” that prioritizes denying the opposition party a win rather than “delivering for all Americans.”

This is the very reason why the United States will collapse. There is no longer any sense of guiding the nation for the benefit of all the people. This has turned into a hate game. Neither side will dare to agree that ANYTHING the other side did was just, fair, or in the best interest of the whole. It is just partisan war and in the process, they are destroying the core of the United States and our once culture of freedom that was admired and inspired by the world.

I can confirm that when the US invaded Iraq on the nonsense of weapons of mass destruction, the pro-Americans in Russia lost ground. They were indeed pushing to join NATO and enter the world economy for the benefit of all the Russian people. But that invasion armed the Neocons and they pointed to that invasion that America was imperialistic and was seeking to control the entire world. It also lowered the esteem of America in the eyes of many in China. Ukraine has merely reconfirmed that view.

Politics has degenerated into a very dark era. If history repeats itself, there will be no other choice but to move toward separatism. We will no longer be able to live in peace together because that is not acceptable anymore. All this nonsense of what is your pronoun and men can have babies with a sex change is dividing the country into groups. Once you do that, you do not benefit the right of those people, you cast them as the new enemy of the state just as Hitler did with the Jews. The end is near for the United States. A house as divided as we have become CANNOT stand. That was the view of Lincoln to justify the Civil War.

Dec 28 2022

Very Interesting Joe Rogan Interview on Cobalt Mineral Mining in Congo with Siddharth Kara


Posted originally on the CTH onDecember 27, 2022 | Sundance 

Cobalt is a mined mineral needed for all rechargeable batteries including phones, pads, laptops and Electric Vehicles (EV’s). According to Siddharth Kara, an author and expert on modern-day slavery, human trafficking and child labor, approximately 72% of all the cobalt mined globally comes from the Congo.

Within his new book “Cobalt Red: How the Blood of the Congo Powers Our Lives,” Kara outlines how slave labor and child labor work these cobalt mines. Kara appeared on the Joe Rogan podcast {Direct Rumble Link to segment} to discuss his research and findings after visiting these Congolese mines.  Contrasting the “Green Movement” claims that their efforts are to “save the planet” by switching everyone to EV’s, the issues Kara outlines are remarkable.  WATCH:

The Disturbing Reality of Cobalt Mining for Rechargeable Batteries

Dec 24 2022

The Aftermath of Republican Betrayal + AMA | Rich Baris, Pedro Gonzalez | The Charlie Kirk Show LIVE


The Charlie Kirk Show Published originally on Rumble on December 23, 2022 

After his bombshell testimony, Rich Baris joins to break down exactly what he told the court in the Kari Lake lawsuit against Maricopa County. Pedro Gonzalez from Chronicles Magazine and the “Contra” Substack joins to break down the Senate Republicans latest and unforgivable betrayal. Send your questions to Freedom@CharlieKirk.com for an hour 2 Ask Charlie Anything. The Charlie Kirk Show is LIVE on Salem Radio stations across the country and simulcasting on Real America’s Voice.