It’s not exactly a confidence builder when the Director of the International Monetary Fund answers the question about forward priorities by saying, “Perhaps we need to pay attention to the law of unintended consequences.” You had one job Kristalina, one job.
During an International Monetary Fund (IMF) spring debate and discussion segment, IMF Managing Director Kristalina Georgieva, outlined her perspective against the backdrop of massive inflation caused by the global financial institutions telling government to spend money and they will print it, during COVID. [The video is prompted to 01:04:50] WATCH:
The discussion included EU Central Bank President Lagarde, US Fed Chair Powell, Indonesian Finance Minister Mulvani – when IMF Director Kristalina Georgieva admitted they channeled their COVID fear and emotions by unsustainably printing money without pausing to think through the consequences.
Now, the world is facing massive inflation, economic contraction, looming hunger, widespread famine and a pending global financial collapse.
Their response? “Whoops.”
Not to worry, they’ll have a little wine and chocolate and figure things out. Swear.
“Whoopsie daisy”…
I suggest planting a big garden or joining a community one if you do not have land.
Neither political party in the USA is going to save your bacon.
Yup. Buy more chicken wire while you can too
You ain’t kiddin’!
A copper water distillation unit will come in handy as well.
Why. Yes. One that also distills fermented grain would do nicely.
+1000
Such a unit can also be used with corn to make an interesting beverage.
Have you seen the price of chicken wire lately?
And be seriously thinking about how to implement a barter system with locals.
Bartering, like canned foods and ammo. Lumber and hardware. Fertilizer and seeds.
How would an actual barter system work? How to start, and then continue it? Serious question…I am interested.
This is a true statement. I can’t stand most Republicans, but I REALLY F*c*ing hate Democrats. Republicans are not an opposition party. We need an Anti-Democrat party because they NEED to be stopped.
Correct. They will make it worse trying to convince you they are making it better, all while digging a deeper economic hole. Sounds like the pandemic doesn’t it? All they know how to do is try and spend their way out of it because it makes them look like they are doing something when truth be told the have no clue what they are doing.
Get President Donald J. Trump back in his rightful place with his team!! NOW!!!
Now we know this Republic was founded on an engaged citizenry in order to be SELF-GOVERNING.
We were duped and we let this happen. But now we see. Thank you, Trump. We knew what would happen if Clinton was elected and she wasn’t. We believed the damn RNC and Barr, etc. when they said they had a handle on the election 2020 and they had lawyers. Fool me once.
“I’m not political” Wawa, you better get political and fast.
Time to get to work or nothing will change. Make it impossible to cheat their way through again. I have a feeling the next couple of elections will be a little hot.
Get busy. Deadlines for primary election poll workers are fast approaching. Fall 2022 also.
Like all politicians, republicans are paid off. Look up how many of these pathetic excuses for reptiles take money from George Soros. Hint: We are looking at about 90% of all republican politicians.
We are lucky as we live in rural NE Florida and have plenty of land. I have planted a very large vegetable garden this year. As to saving our bacon, we are going to raise a few pigs. This is just one advantage of being zoned “Open Rural.”
and you really think it was a mistake? guess again….
Pretending not to know things!
In the famous words of Biden….MALARKEY!!
.
Oh this is nauseating. Lying dirtbags who fancy themselves as rulers and manipulators of the world.
.
As a brighter bulb used to say, The 1st 10 names out of the phone book could do a better job.
Navin R Johnson rings true about right now.
Wait until you see how much money they print as the economy is falling off a cliff. They won’t ‘roll off’ a single dollar of the $ 9 trillion already printed before they resume printing. They only stopped at the end of March!
Never let a crises go to waste…this is their game…put everything…the economy etc. in the toilet and print and pass more money bills of which they get their cut…only after the Big Guy of course…
Isn’t the plan to totally crash the economies making way for their select digital currency?
They will dole it out sparingly for use at the places they specify and you will be allowed to spend it as long as you worship them appropriately.
Other way around. First they need to implement the new digital currency system, and establish permanent control over it. Once they’ve done that, they can then crash the old system. Build the new house and move in before the old one caves in from their deliberate lack of maintenance. When the old one crashes, the mass of occupants will scurry to the new one, which already has them as landlord waiting at the door to collect rent in advance. Where you gonna live, out in the street, they will say? Sadly, most will move right in, and the cycle will continue.
Why would they be clever enough to do things in the common-sense order?
They certainly didn’t in Afghanistan.
Words such as “unintended,” “unforeseen,” “unforeseeable,” “unanticipated,” “unexpected,” will be saturating the political consciousness of the West by the end of this year.
Many of us are unconvinced of the unintentional nature of the consequences. Even if they were, such an excuse is unacceptable.
If it’s intentional, they are economic criminals who intended to cause harm.
If it’s not intentional, they are far more stupid than I would have ever thought to accuse them of being.
….and yet they don’t have either the self-awareness or brainpower to realize that those are the only options available to those who are victims of their criminal stupidity.
Which would they choose? Criminal? Or stupid beyond comprehension?
Both…first…it is intentional to drive the economy into the dirt and eliminate the middle class a la Russia. Lining their pockets with “emergency” spending bills that will drive the economy further into the abyss.
Second…With the left it is all about ideology…they have never run a business, rest on their “laurels” as professors or student of academia whose desire is to have a liberal “utopian” society modeled after Communism. And they personally will reap the benefits of this ideology.
There are a few corner’s of the web that I regularly surf; this being one. All of them have been calling this outcome for over a year and their current outlook doesn’t look good.
Who could have seen this coming – turns out, one heck of a lot of people.
These globalist butt munchers will absolutely bring on world wide famine and misery. The only nations that will be spared are the BRICS nations. The ignorance and arrogance of these evil pieces of human garbage will never be held accountable for the disasters they’re creating.
Hunger will make people do things they never thought they could. These people better fear for their lives.
We may be seeing a snapshot of things to come with all the looting of high end stores.
When there is not enough food to go around its going to very very ugly.
Going to get very very ugly.
Sundance has a tendency to exaggerate the economic conditions… we will survive this inflation like we did in the 70’s, 80’s etc. Some entities thrive during periods like we are facing.
Your statement depends on whether the same causes and intent are the same from those responsible for the current situation, essentially whether your assessment is better than Sundance’s. Now, let us see your supporting facts–write a post with details of how you have arrived at your conclusions. Your host here has been very detailed in his posts–so we expect the same level of work. If you have not done that level of homework, maybe you should take sometime doing so before making the above statement.
They’re counting on not being found. But when people get pissed/desperate enough, they look far and wide. Unless they have a hidden underground bunker, their estates will shine like beacons for the looters.
None of this was “unintended”. Sow fear, create panic. Money printer go BRRRR to save the day.
$3000 for the prols and $3 trillion for the elites, their bankster buddies, pharma, and the rest.
These unintended consequences…. without a doubt, they’re intentional as well.
The plans are, and have been, in place. They just needed a crisis to keep them from going to waste.
“Unintended consequences” is quite laughable when in reality they chose to just ignore the obvious consequences…. there were certainly plenty of people trying to tell them so. So are we to believe that the self proclaimed brightest people in the room are actually dumbfounded, or is it just perhaps that these consequences are indeed the desired outcome?
A day’s wages for a loaf of bread?
Revelation 6:6
And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.
That penny was a days wages
Makes me wonder when massive food shortages hit France how will they deal with those whose actions triggered the food shortages via the Law of Unintended Consequences? Will it be like they did during the French Revolution? Just wondering?
This is… a different time. Those unaffected by the crisis, will become the targets. Technology gives them a significant advantage against those who foment their anger.
Elitist nincompoops. All of them.
As a child my parents would not have excepted such a ridiculous rant and or explanation. Would have told me to grow up and go to my room.
Without your soccer ball.
WOW!
Dutch Court Declares Bankruptcy of Russia-Linked Amsterdam Trade Bank
https://www.bloomberg.com/news/articles/2022-04-22/dutch-declare-bankruptcy-of-russia-linked-amsterdam-trade-bank
ACCOUNTABILITY WOULD BE NICE FOR A CHANGE.
No accountability since 2006! At least.
No chit Sherlock.
Unintended consequences? You create $ 9 trillion out of thin air, shut down the economy and you don’t know it’s going to cause inflation? These are supposedly the financial geniuses. Nothing is being produced because of forced lockdowns and you inject trillions to create demand!
Part of the production issue is a reliance on the People’s Republic of China manufacturing base.
The pandemic has demonstrated what happens when PRC leadership decides to restrict its manufacturing output: global supply chains begin to break down.
Western globalists are responsible for creating that dependency, but now that it exists their ability to address it, should they ever choose to, is limited and lacking in short-term solutions.
Not incidentally, that dependency on Chinese manufacturing is the same situation the same people are currently creating in regards to Russia and energy production.
China is currently delivering the fatal body blow with their zero covid lockdowns. They don’t give a stuff if all the people in China got covid. What they see is the US screwed itself, and they are going to push us off the edge.
If they push the US off the edge they (China) will go with us. We are too intertwined
financially- they making the products; we purchasing the products.
The key to remember is China only trades with the U.S. to accumulate Dollars so they can buy oil on a global market built mainly by the force of the U.S. military. We willingly sanctioned Russia out of the petrodollar, China, India and Saudi Arabia are following since they know it’s days are numbered. It’s the Dollar and anything priced in Dollars (or those currencies still pegged to it) that’s going hyperbolic, not in other major currencies or in commodity values when priced not in Dollars.
Well, since all the aforementioned people want to Build Back Better, they had to tear down economies first. They succeeded. We are wise to them. The “ experts “ credibility is shot and they have lost all credibility.
When historically-proven liars represent themselves as financial geniuses… intelligent people should be very circumspect.
“Perhaps” we are being ruled by idiots. (That includes brain-dead Leftits, andUniparty globalists.)
IDK how stupid they are, but we know for a certainty they are absolute liars.
So when they tell us what will happen when they’re taking certain actions, should we expect any outcome other than the opposite of what they predict?
If they tell us they’re doing _(whatever)_, should we believe they’re doing anything other than the opposite of _(whatever)_?
I guess the issue is really us. When are WE going to stop letting them lie to us with impunity on a daily basis?
There is no law of unintended consequences.
The “unintended consequences” are simply evidence that they are either criminals or fools (or both).
Pretending that there is such a law provides them an excuse for their criminal stupidity.
YOU SAY you are “acting like 8 year olds playing soccer”????? If you know that, that’s your cue to resign, you fool.
Of course the pandemic disappeared….but you were expecting that.
And, for the moderator, being completely exposed by public events and admitting it does NOT constitute “candor” on their part. Sheesh.
The language has been lost and, as Rush Hudson Limbaugh warned for decades, that’s a serious and consequential happening.
And speaking of looming hunger, has anyone else noticed how many food production plants in this country and elsewhere have gone up in flames? Eighteen, I believe. Coincidence? I think not.
A plane hit a General Mills plant yesterday in Atlanta. Was that the latest or was there more today? This is so crazy!!
The latest in a most “peculiar” string of “peculiar” incidences. I’m certain there’s a perfectly reasonable explanation. While that was no doubt an u fortunate accident. I’m not prepared to say the same for the rest.
Tucker is talking about this right now. Its been going on for a year now.
I don’t believe in coincidences!
Nor do I.
just like the Avian flu killing chickens.
Exactly like that!
That’s sort of like when the largest producer of hydroxichloroquine went up in flames right after Trump promoted it.
Plus they are restricting transportation of fertilizer.
The consequences are definitely intended.
Count the Mine among the list. Back in Nov. Mystery fire, still fighting with the insurance company. We are, and were, in the middle of buyout negotiations with a major woke company, but no proof it was anything but accident at this point. Crazy times.
I’m a hardcore sceptic. One or two maybe…not all.
Kinda hard to believe all the fires are by accident. Major distributors, and other independent food producers like taylor farms, a major supplier of value added salad mix’s. I’m talking to people I work with at DC’s, they are all on alert, which makes me think they might know something that is not being reported. And why just food companies if the fires are coincidence? We are generally talking about companies that don’t deal with a lot of flammable type stuff. Straight from plant to DC, or Retailer.
I more than suspect there’s arson by order going on here. People who knowingly push deadly or life wrecking vaxes on the world’s population won’t think twice about doing something like this.
Good article about this….
https://uncoverdc.com/2022/04/22/food-shortages-and-food-processing-plant-fires-whats-going-on/
Excellent, GB…thank you. Will read.
And a fertilizer plant mixed in with them? Hmmmmm…
Yep. Ice Age Farmer warned about that – fertilizer being targeted by the globalist cabal – a few weeks back. He seems to be ahead of the curve. He’s in Canada.
It isn’t going to take much when the people decide just like in the French Revolution that they have had enough of these wine and cheese people. Hunger is just the spark to ignite the fire. I personally believe these POS leaders are hanging by a thread now.
They have no choice……this is called capitulation…fake sanctions that have no meaning
EU sees way to pay for Russian gas without breaching sanctions
https://www.reuters.com/business/energy/eu-says-gas-payments-may-be-possible-under-russian-roubles-proposal-without-2022-04-22/
Wait…what?
White House says Europe determined to close off Russian energy exports
https://www.reuters.com/business/energy/white-house-confident-europe-will-close-off-russian-energy-exports-2022-04-22/
Reuters? Lol…
“We make decisions with an objective in mind, and rarely think through what may happen that is not our objective”…..kinda like a preschooler. And Jerome Powell saying the labor market in the US is too hot (too good for the labor side) and their aim should be to bring that down and make things more balanced. How about you idiots just stop interfering and let the laws of supply & demand find an equilibrium?
We went from Adam Smith’s invisible hand to ham handed manipulation by government.
“Perhaps we need to pay attention to the law of unintended consequences.”
Well, duh!!
“In related news, Germany and EU should reject all Russian hydrocarbon contracts and concentrate completely on powering their industries by electricity from the wall sockets, because this is where real electricity (which is clean energy) resides–it is so easy, just plug in and voila’. Just ask Greta Thunberg or any Hollywood celebrity, they nailed this plan to the minute details.”
https://smoothiex12.blogspot.com/search?updated-max=2022-04-20T14:54:00-07:00&max-results=7
Regarding climate…..how did Powell and the others get there? I’m assuming Powell came the farthest?
That which cannot be paid, will not be paid.
That which cannot be done, will not be done.
Unintended consequences are a result of hubris, willful blindness, incompetence, cowardice, and irresponsibility.
The very idea that “economists” cannot fathom the consequences of massive national debt, flooding the markets with fiat money, hindering energy production because of ideology, subsidizing the lazy, persecuting the producers, and abandoning national sovereignty to illegal aliens, means that the “economists” are total, abject, failures, and ought to be pilloried or worse.
Only Idiots could accept the excuses of the “economists” and the “leadership”. Reality always has the last laugh, and Reality is laughing now at every one of the Progressive Liberal Ideas that have been shoved down the throats of competent citizens throughout the World. There is going to be a political, economic, and social, reckoning, and that, quite soon.
“Reality always has the last laugh…”
Yup. It doesn’t matter what anybody says about anything: Wait for reality to hold its own press conference.
Feigned ignorance. The intention is collapse of order.
Sounds like a bit of narrative shifting to me.
The world’s population is wide awake to the suffocating deeds of professional bureau-tyrants.
Let’s see these Nazis get themselves out of this. (Ain’t gonna happen).
“Their response? “Whoops.”
Well, I guess we found out what that Red Button was for.
They pretend they care. I absolutely do not believe they do.
They print themselves whatever paycheck they want. No they do not care, not one bit.
@1:04:25 Lagarde [after mentioning one single natural disaster in S.A.]:
“What’s going to come next? Could it be Mother Nature that we are hurting so much that it retaliates?”
We’ve gone back to The Dark Ages of superstition and magical thinking and nobody seems to notice she’s being totally irrational. I wonder how we got there…
Oh, wait, Lagarde continues: “it’s the madness of men, more than women, actually, ha ha” [while smirking theatrically]
Right.
Am I allowed to make a comment Sundance?
Not after spamming the last discussion, no.
The Corruption of our Nation – by Robert W Malone MD, MS
MORE THAN JUST COVID
It would be a drop in the bucket but this panel is guillotine eligible. Pardon the pun.
When their are no personal accountability or consequences, it’s always “whoops”.
These people are morons, and it’s sad that they have so much influence over our lives. Not bragging, but I KNOW that I function at a much higher cognitive level than the IMF speaker-lady. I’m a NOBODY. I always just wanted to carve out an existence for myself and live life in my own way. It is dawning on me that morons with limited ability to think ahead and recognize patterns can and have obtained power by simply seeking it and nothing else. Perhaps it’s time for us individualists to find the inner Cincinnatus in us, and figure out what we can do to fight these moronic assholes, even if we only have the resources to fight in our own backyard. Cincinnatus didn’t want to fight, he just wanted to farm. But he realized that if he didn’t fight, he wouldn’t have a farm. For the first time in my life, I am ready to start becoming politically active. Unintended consequences? Didn’t watch the whole field? WHAT??
I wonder if Obama will have her censored.
At least Kristalina is honest and smart enough to see the error of her ways!
It’s been a very busy week over here on the farm. My dairy cow calved a huge heifer (female). It was touch and go, but we did it! Gorgeous calf. The cows mean endless milk, cream, cheese, yogurt, ice cream, and all things dairy. And one of these days, it means endless beef. But, for now, it’s about the milk. The chickens are laying almost two dozen eggs a day. The meat birds come in next week and will be ready to butcher in about 8-10 weeks. The potato plants are coming up and the rest of the garden gets planted out in May. The orchard was planted with fruit and nut trees. Every inch of my body is aching and I’m exhausted. But, it’s my big middle finger to these idiots in high places who honestly don’t know a damn thing about anything. If there’s no food, the rich eventually starve too. I’m making sure my family doesn’t – always Lord willing and the creek don’t rise. Can I get an amen?
Amen and good for you!!
Amen!!
Amen!
Two dozen eggs a day is awesome. I’m actually thinking about buying powdered eggs soon.😥
I picked up auguson farms powdered egg and powdered butter as recipe ingredients in the event of a significant problem where dairy was not obtainable. More of a long-term prep, but I thought it worthy.
Mom used to fix rice with butter and a smidge of sugar when I was a wee tyke.
Amen!
Amen, Amen.
Congratulations on all of your hard work “Born Free American Woman”.
“Living simple” can be hard work but more than worth it.
We have always tried to live simple and cook and eat simply, or as simply as possible.
Meat in the freezer, canned goods and staples in the panty which we built onto our house years ago and have tried to keep the hunting, fishing, and canning skills up.
Need to get back to the gardening more though, let go of that a bit in the last few years.
Living our in a very rural area weaned us from running to the store for “just a few things” for a recipe that I did not have in the house or something we might want for a snack and felt like we needed right that minute.
We shop once every two weeks for the fresh things and once every two months or so for the staples.
If we do not have it when cooking a meal we do without, no running to just pick something up.
We have developed some thrifty habits and learned some good “work arounds” if something is not available.
Your set up sounds amazing.
AMEN!
I just read our local county’s guidance on watching for avian flu in your backyard flock. Sounds to me about as conclusive as COVID symptoms two years ago that conveniently matched allergy symptoms during pollen season! I wonder if they think the kind of people who joined the backyard-chicken movement are the type who will dutifully hand over their chickens to the authorities to be killed because they laid a misshapen egg.
Not happening.
Oh, and if the authorities come looking for our chickens, our whole neighborhood knows our chickens are terrible about escaping and they just don’t stay in the pen very well when we’re looking for them….
I have a hard and fast rule about trespassing and so do the German Shepherds. LOL.
However, my flock is super healthy. I’d be the first to take care of a problem should one occur.
Now they get “it” all of a sudden. Kinda like how they forgot about the “Defund The Police” mantra.
When do they change Build Back Better to Build Back Better…..than nothing.
Disgusting. As others have mentioned, plant a garden. Buy from and support local farmers.
I think that would be “intended consequences”. Does anyone still believe this was all an accident?
I don’t see Louis XVI in the picture above. Oh…that’s right…
Where’s Obama? Where’s Schwab? Where’s Fauci? Where’s some string?
“Unintended” my ass.
I hope they share the wine and chocolate with the regular people. Might make the economic pain a little easier to bear.
Re “Perhaps we need to pay attention to the law of unintended consequences.”
I’m gonna go out on a limb here and predict that HER idea of unintended consequences doesn’t match up very well with what the average American citizen thinks it means…
All of it was intentional. WEF Great Reset- Depopulation, Cashless Society, Enslavement of remaining Peons. All of it was/is intentional.
We or I should say voting machines have been electing incompetent, corrupt, crooked and in some cases criminal Politicians to run our governments for years. A simple question; Why would any red-blooded American not want someone as Trump who is co9mpetent and straight arrow to run their Country?
The answer is simple; Either they are dumb and stupid or crooked and criminal.