It is interesting to remember the recent comments from Christine Lagarde, the president of the European Central Bank, who outlined the EU energy crisis as the heart of the current inflation rate in the eurozone. Lagarde discussed inflation in Europe while drawing a distinction in COVID-19 spending between the EU and U.S.
Essentially, according to Legarde, the EU subsidized businesses to maintain employment; the EU covered payroll expenses during lockdowns, while the U.S. sent direct payments to the American people who were impacted by the lack of work (basically everyone).
Lagarde outlined this difference in spending approach to explain why the Eurozone inflation was less than U.S. inflation.
How long did that EU Central Bank explanation hold up? Approximately two months.
The U.S. inflation rate is currently estimated at 8.6%, and today the eurozone inflation rate just reached,…. wait for it,… Yep, an exact match at 8.6%.
LONDON (AP) — Inflation in countries using the euro set another eye-watering record, pushed higher by a huge increase in energy costs fueled partly by Russia’s war in Ukraine.
Annual inflation in the eurozone’s 19 countries hit 8.6% in June, surging past the 8.1% recorded in May, according to the latest numbers published Friday by the European Union statistics agency, Eurostat. Inflation is at its highest level since recordkeeping for the euro began in 1997.
Energy prices rocketed 41.9%, and prices for food, alcohol and tobacco were up 8.9%, both faster than the increases recorded the previous month.
Demand for energy has risen as the global economy bounced back from the depths of the COVID-19 pandemic and Russia’s invasion of Ukraine made things worse.
European Union leaders agreed to ban most Russian oil imports by the year’s end, driving a price spike. The 27-nation bloc wants to punish Moscow and reduce its reliance on Russian energy, but it’s also adding to financial pain for people and businesses as utility bills and prices at the pump soar. (read more)
Keep in mind, the EU and the U.S. are both chasing the climate change energy shift as dictated by the World Economic Forum in the Build Back Better program.
If you factor in the dramatic impact in both the EU and the U.S. from energy policy; and then if you calculate the COVID-19 spending as a percentage of the GDP from both economies; what you will discover is the direct similarity that creates the 8.6% inflation match.
The EU spent less on their COVID-19 programs. However, as a percentage of their economy they spent about the same as the U.S.
Joe Biden spent more, but the U.S. economy is bigger than the combined eurozone.
The inflation hitting the EU is almost identical to the inflation hitting the U.S. because the Russian energy sanctions are almost identical in impact to the EU energy sector as Joe Biden’s energy policy (a blockage on energy development) is to the United States.
The current similarity in the inflation rate between the U.S. and EU is specifically because politicians in both regions followed the exact same instructions from the World Economic Forum.
The outcome is ironically a global synergy as the economies of the EU and USA start to collapse.
None of this is accidental. All of this economic turmoil is running on an identical track -on a global basis- because the entire western plan was coordinated and followed. What we are seeing right now is the outcome of the “Build Back Better” roadmap. The “global inflation” is the outcome.
Sanction Russia some more……
You dumb asses……!!!!!!
Announced.. according to Gert Muller, Head of the Office of the German Firewood Association wood stoves and firewood are near non existent. Back orders will only have the chance of being delivered at the end of this coming winter, if then. Herr Muller is quoted as saying, “The market is empty.”
So, NATO, Germany, Europe…sanction Russia will you? Destroy them with those sanctions will you?
Russia holds all the aces. This has the chance this winter of making the bitter siege by the Germans of Leningrad look positively balmy.
Imbeciles.
Why don’t they just use their solar panels? Isn’t that the NEW GREEN FUEL we’ve all heard about that will save the planet?/Sarc
Oh yeah, that’s equivalent with the Russian Collusion story. Total BS.
The Climate Emporer is shedding his clothes like a well paid stripper. Pretty soon he’ll be down to his skivvies…and it won’t be pretty.
The solar panels from China? Those solar panels?
Probably, and very probably like the picture I saw of some home’s panels after a rather ferocious hailstorm. Oh dear…
Germany already tried and failed –
https://reason.com/2022/02/01/germanys-failed-bid-to-be-the-global-climate-leader/
Now they buy energy from Russia.
As usual, the scocialists refused to learn from that mistake.
Two years ago the CEO of Royal Dutch Shell publicly stated that after talking to his school age daughters he was ashamed of being the CEO of an oil company. The next day I sold my shares of RDS and BP. This is the European mentality that we are dealing with today. Complete defeatist and Leftist. I suppose he’s also ashamed of being Dutch and White as well. As bad as it is in the United States millions of wealthy people around the world see America as a safer haven for their $$$ because Europe is totally lost!
The USA is on the same idiotic path as the EU. The majority of Americans have been brainwashed with the climate hoax. The goal is to have the global elite steal all their wealth, in fact to beg them to so the planet can be saved. What fools.
Well, Joe…good for you!
From the speeches from those “elites” in Europe I’ve listened to, from following the goings on in their parliaments, from reading stories of the leaders of Europe Woke surrendering their glorious cultures (and churches, worse still) to the subcultures of their replacement populations, the more I think Europe is finished as well. Unless by some miracle, their populations rise up en masse…and soon. It may already be too late.
Well he was not ashamed enough,he did not quit his job,
“The next day I sold my shares of RDS and BP.”
No, he didn’t quit but he said that RDS would transition to green energy which, as we all know, will put RDS out of business.
Too bad he lacks parenting skills. My younger one, still in high school, has a pretty good understanding of economics and an even better understanding that, if he lacks respect, there will be consequences. I bet the guy’s daughters would be more understanding if dad refused to buy them any item manufactured or transported with petroleum products. Let the kids carve their own wooden shoes, and wear them in winter.
All the way to the veerrrryy tip top do ideology and stupid reign. I think not. “Liberals have to pretend not to know a lot of things.” SD/CTH—the Mamet Principal.
They’re not pretending they’re lying and that is a demonstration into evil intentions.
They are totalitarian within their individual countries. Take a look at the site Gates of Vienna to examples of it. Those people are elected.
The leaders of the EU are a complete different stripe. Their leaders are chosen by those same totalitarians…unelected by the peoples of the EU, and that’s why Europe, in my view, is ultimately finished.
Furniture burns. It is stupid fuel, but it burns.
I thought of that as well.
Most neighborhoods have lots of dead or dying trees that the homeowners would be glad to have someone cut down for free if they also haul the wood away. In my area we don’t have a wood problem, we have a woodpecker problem! I live in the middle of a large forested area and it’s wonderful. But those dang pinecones are a mess. They burn just about as well as wood just not as long or as hot.
In Germany, the moronic climate cultist government was going to DESTROY the magnificent so called Hansel and Gretel forest. Thousands upon thousands of multi thousand year old trees. In order to install equal numbers of windmills. Millions of them. That’s how clinically insane the are.
Thank Almighty God that project was halted by one sane judge.
Since then, that same government has embarked on their suicide mission, losing 40% of their life sustaining gas from Russia.
What now for that forest should a desperate population in a bitter winter have no resource for heat? It’s worth asking.
They are too stupid to know how dumb they are!
The countries in yellow all have very high covax rates, and are what most people consider ‘white’ countries. With recent data showing miscarriage rates way up, birth rates way down and newborn babies with compromised immune systems, will anybody open their eyes to what has been done? That’s not even considering the elevated excess death rates of adults…
Purposefully collapsing these economies, while ensuring the white population dies off and can’t repopulate.
Never under-estimate evil……
The countries in yellow are also experiencing a great number of sudden, unexplained deaths of all ages! Wonder why? /s The fools have given it a name Sudden Adult Death Syndrome SADS!!!
Should be called Syringe And Die Syndrome
The climate change for the countries in yellow will be drastic pretty soon. When you have multiple nukes increasing temperatures about 10 times hotter than the sun it will render all the climate policies useless. But then again, it has never been about the climate.
I’ve read that sea level will rise faster in those countries
I don’t think it will be nukes yet. We are dying fast enough without them. The nuke danger is if they lose control over the covid/vaccine/SAD narrative. Then they will need to kill very quickly.
And they will need a new excuse for the deaths. This has bill gates written all over it. He’s the one who is interested in decreasing the population by any means possible, including the brutal abortion crap. Wish I could sic my dog on him, that would be a wonderful sight to see! His own damned medicine. He’s a breather and an eater, just like the rest of us, right?? Suicide, bill? Do us a favor.
I think some of the countries formerly behind the wall, managed to evade the jab (they know the song and dance routine of propaganda…) Here eugyppius compares West Germany versus the former DDR with Omicron rates…
https://www.eugyppius.com/p/omicron-ba5-prefers-hypervaccinated
Hungary has enacted family friendly policies which have worked. Their population was growing. Now this from Gates of Vienna…
“MP Dora Duro Hazank (Our Homeland Party) drew attention to the worsening demographic indicators in her speech held in the Hungarian Parliament on the 27th June.
She said that in January 2022 the birth rate fell by 20% compared to the same period last year, and the fertility rate also declined. She noted that this happened just nine months after the mass vaccination began in Hungary; and such a steep decline has not occurred for decades. She said that it was the responsibility of the state to investigate whether this brutal decline was linked to this factor.”
I was shocked to learn early on that Hungary mandated the beastly jabs.
So all that hard work increasing the numbers of native Hungarians… undone…just like that.
That speech shows me the ‘useful idiot’ politicians who forced this vax on us are starting to realize something horrible has happened. They know they will be killed in the streets. The ‘useful idiots’ are not the pyschopaths behind this crime.
What do you do to cover this up and save your life? You double down. Nuke Russia? Global Famine?
I agree. They do know. But will they admit it? Dare they admit it?
Bolsonaro is almost admitting it in an interview with Tucker Carlson but he doesn’t quite get there, instead stressing that they never mandated it but regretted giving Pfizer liability cover. So he knows.
And while the WEF plans for depopulation by whatever means…beastly jabs, starvation, next generation beastly jabs incoming…seemingly are going according to plan, I get the impression it’s not proceeding fast enough. Thus, as you say, start a war with Russia, which probably has all the documents which would expose them all…my guess only.
I get the feeling the WEF monstrosities and all their precious acolytes are losing their grip of the circumstances they thought they controlled. Life is like that, isn’t it?
They’ve underestimated, I feel, their own abilities, arrogant as they are; and they’ve well underestimated Putin, whom they have engaged and cannot control.
What comes next, as they try to get ahead of everyone worldwide totally waking up is unknown. But I hope in their frantic haste, they’ll make that fatal mistake. For them…and not us.
Hi Betsy,
I had a visit with two pro Russian folks here in our British Columbian community.
The consensus is that President Putin is a genius, and what’s more he doesn’t have to put up with RINOs or Dems like President Trump did.
Furthermore he may have multiple decades within which to work.
Putin is init to winit😉
Cheers!
The more I watch and read, Dekester, the more I agree…the old saying “Have more than you show, speak less than you know” fits this man I think. The West likes to pontificate how much they know about Putin and blab to all the adoring media.
Putin is closed mouthed.
(I am so glad you popped by…I was just talking about you. Were your ears burning?😁 The SNP wants to ban the sales in supermarkets of pasta, pies, bread and other so called “meal deals”. All of it is being called ” junk food”. Thought you’d like to know. Blessings.)
As you no doubt know.
Ms Sturgeon is an ardent Communist.
Sadly Scotland is ruled by the Greater Glasgow area.
The prosperous and successful agricultural, oil producing and fishing areas by and large despise her.
However the “ benefits” class ( welfare) determine the direction of the country.
Relatives of ours that have made out alright run in the “ Black Market” or have moved to England or overseas.
Cheers!
It’s clear you come from good stock! I love the phrase you used…made it out😂
That’s a brilliant statement Betsy.
It’s just one of those simple life statements, Luke, that I think is good advice for everyone. Glad you liked it. B
Your thoughts go along with my spoiled child analogy. The spoiled child that is Western Civ Leadership is also scared they will be torched. Another reason they might go haywire.
At least she seems to be willing to entertain and (more importantly) research the link between the jab and the demographic challenges.
She knows. The interesting thing about this speech, as the translator said, was that it was delivered in Parliament, which seemed to imply that the connection is about to be made, and made public.
“Want to keep your job and employer subsidized family healthcare?
Get poked twice with an experimental shot only authorized for emergency use that doesn’t work as claimed where the corporation has legal immunity or get bent. Go on then, roll up your sleeve, and don’t be SADS about it.
The SADS truth is that the shots are working spectacularly well. And thanks to their real purpose Moderna, Pfizer, and the globally interconnected cabal of depopulationists have helped settle the issue of abortion for society. There is no need for “my body, my choice” protests or “insurrections” ladies and betamelt white knights, just go get another booster and you can throw away your rubbers for good.
Both generous companies in collaboration with the federal government have taken it upon themselves to continue the work of planned parenthood with mandated and coerced mRNA treats. Operation Children of Men has launched with tremendous success over the past 18 months and the first returns are now coming in from Germany, the Netherlands, Norway, and the UK. There will be no need for abortions soon, as there will be fewer and fewer fetuses, and babies to abort. The “vaccines” are doing all the heavy cutting now.
6-9 months after the rollout for the under 40 demographic in Germany, a 9-Sigma event in birth reductions for Q1. The statistical probability of this occurring naturally? One in many lifetimes of the universe, or 1 in a few quadrillion years.”…….
Contraception and Infertility Passports – The Good Citizen (substack.com)
A genocide by any other name, Gipper. Thanks for the link. I appreciate The Good Citizen’s literary efforts always.
It’s when I see that these modern day Mengeles have finally reached their intended target…children and babies…that I want to be sick. And I say, Come quickly, Lord Jesus.
Which is why they weren’t making the invaders from the southern border get the clot shot. They need slaves ones whitey is wiped out.
That fact was the main driver behind me being red pilled and refusing the shots. If this virus was such a threat then why did Biden throw open the border and require no vax and no testing for all the immigrants? Many of us are awake now and more every day. History will write the outcome for us.
Nine months. How ironic.
Here come those long term results they didn’t want us to see. And yes…isn’t it just.
You are exactly right. Sad to say.
I can’t pull the map out to post…but supposedly about 2/3 of the world has rec’d the jab. The least jabbed is the entirety of Africa and some MidEast countries. Things that make you go hmmmm
This is a NYT article run thru a paywall thing https://archive.ph/mzZ00
👀 I am deeply hoping that many jabs are falsified… I live in an area where over 90% of the 13 year olds are jabbed (my daughter is not and I am explaining why with many posts from GatoMalo…)
Concerns that sanctioning Russia isn’t working, so escalating a hot war over Ukraine is next…. The globalists must be desperate to take the spotlights off of their (deliberate) f*ckups, so they’ll try to draw the serfs’ attention to what will be a massive f*ckup…if (when) it goes beyond conventional weapons…
Yet the Zelensky worship in NJ is sky high. No price is too high to stop the new Hitler and protect Zelensky
Those who committed treason with their 2020 fraudulent Presidential election are especially desperate and panicked. They can pull the wool over their Democrat Libtard “Useful Idiots” but their numbers are decreasing. Decreasing numbers will continue as time rolls along.
IMO, it is just a matter of time when people feel an erosion of the Stock Market and the Housing Market simultaneously. Both are under the control of Libtards. When was the last time anything run by Libtards succeeded?
War is Peace
Or something like that.
I’m sure they see a hot war as a great opportunity to kill more strong, young fertile men (and women). The evil is strong in the globalists. I keep praying for the hand of God to smack them upside the head. The saying “only the good die young” seems to be true as the evil ones tend to last longer. Look at Soros, Pelosi, Biden (add your name here!)
I think I read a commenter here on CTH regarding the good doctor who saved many people with his Covid treatment and recently died, saying God takes those good people to spare them from the evil to come. Let us who are remaining stand strong as the insanity starts to envelope.
The communist (Biden Regime and the EU cabal) are an interesting breed, they make the peons/workers absorb the inflation, while giving themselves pay raises via their printing press (to more than offset their inflation). I wonder how long that will last, LMAO.
Quick fix to that.
Stop accepting “counterfeit” currency. Is it somehow excused when they do it?
We need competing currencies in the USA, let the commies keep their Dollar.
The other one can be a sound currency backed by real labor/assets.
Let the producers choose which one they will accept.
In the current form the commies print dollars and steal our food, assets, etc. via hook and crook.
Sound money is spelled out in the Constitution. Gold and silver primarily minted into coins. Admittedly, there’s only so much of those metals to be used for that purpose nowadays.
Other platinum group metals are suitably rare enough to compliment them, perhaps.
Though, technically anything accepted as a medium of exchange would work between private parties. I’m thinking many here have heard of the phrase “as good as money”.
Well our treasury can just take our paper fiat money and buy gold on the open market to issue as an exchange medium. . Ha Ha Ha Ha Ha Ha Ha.
👿☠️ Welcome to the entry door 🚪 for our version of George Orwell’s 1984😳.
I see Switzerland is not part of the EU. Interesting twist.
Yes, and contrary to the map neither is the United Kingdom (and they don’t use the euro).
I am aware of the Pound Sterling. I had no idea the Suisse were still on the Franc. It figures.
A pound sterling no longer buys a pound of sterling. It is crap too.
The U.K. was until Brexit. Switzerland,as far as I know,never was. The UK never used the euro, though, even when it was part of the E.U. Romania never used the euro either, and I think there are a few other countries in the EU that kept their own currencies.
Another Swiss twist: annual inflation in Switzerland May 2021 – May 2022: just 2.94 %.
This 2.94% inflation is not just down to their high share of hydroelectricity (59.6%) and nuclear power (31.7%) in electricity production. They have also apparently avoided the food inflation wrecking western economies.
…and the World Economic Forum is based in Geneva, Switzerland.
If it all goes sideways for them, they have plenty of timber to heat their chalet!
Swiss Franc and UK Pound both down vs the dollar over the last year @15%.
We’ll see how long that lasts as the US dollar becomes less and less the reserve currency of the world. Wouldn’t it be a hoot if the Ruble replaced it.
It’s where our WEF overlords reside…and will continue to reside and live exceedingly well as they obliterate the rest of the Western world.
Naturally.
Rumor has it that our aid to Ukraine is funding some very nice real estate purchases in Switzerland…
Oh I absolutely believe it. Money laundering through the Ukraine is one of that country’s most well known industries.
And neither does what used to be Yugoslavia.
slovenia joined the eu…stupid misake.
Angry and cold, angry and hungry. Nothing to lose.
Lock and load.
Many cities everywhere are going to be a mess.
Roger that.
United Kingdom is no longer a EU member and never took up the EU currency. This means the map is out of date.
Regards
Climate Heretic
And Johnson really really hates that.
US and EU will do fancy math and approved narrative inflation will never touch 10%. BSN (Bull Sh!t News) will cover and carry their water and the idiots will drink it like kool-aid.
The liberal world order in action…..and we have to stand firm!!!!!
” Putin’s inflation is the enemy we have been waiting for …….. “
It only gets better from here.
https://www.thegatewaypundit.com/2022/07/one-worst-downturns-recent-history-zuckerberg-tells-employees-turning-heat-facebook-braces-massive-layoffs-amid-one-worst-economic-downturns-recent-hist/
FTA:
“Maybe colluding with other Big Tech platforms in order to rig the online public forum in favor of Joe Biden ahead of the 2020 election wasn’t such a bright idea after all.”
There is a raw, instinctual nature in many of the sane people in some countries; such as Italy, who, once they realize what is being deliberately done to them, will have no problem going physically after the culprits. Shoes, brooms, fists, pans, forks, knives, table and chair legs….
Sprayed manure is just the beginning; a taste of
the wrath that the evil-doers will have unleashed upon themselves.
-Mussolini fancied himself as a brainiac; too.
And Biden send another aid “package” of $820 million to Ukraine. For weapons, of course, but what else? We are told a few of the weapons, but what else does that cover?
UK inflation rate is 9.1%, so actually is higher than the Eurozone.
$52 Billion to Ukraine so far, with that latest addition for more rockets or something
One-third of Ukraine’s GDP
I think it covers the mansions in Switzerland
Trust the EU designed by the Bolshevik experts at the Harvard Center for European Studies they said; everything would be cool they said Privacy error (harvard.edu)
The surge in elitism across the western world, to the point of feudalism, is being fueled and justified by intense anti-populism.
In Europe, the conventional wisdom among the elite is that Nazism and Hitler was the product of the common man. The great suffering being produced by energy shortages and inflation is being seen as a vindictive punishment for the crimes of the mid-twentieth century. The globalist policies and institutions that appear to be dragging us into World War III are justified as essential for keeping us out of World War III. You follow that logic?
The western elite have lost the moral thread that justifies democracy. Elitists like Macron or Trudeau now have great difficulty remembering (if they ever knew) what makes democracy a moral essential.
Trudeau in Canada dismisses all his critics as fascists or racists, even white supremacists (an inane term in Canada).
And the American common man is now being punished for slavery and segregation. Slavery was an institution managed and maintained by the Democrat Party in the antebellum south. Segregation was an essential tool for the Democrats to maintain political power in the southern states after the civil war. Biden used to brag about how good he was at co-existing with the rump group of segregationists in Congress – now Slow Joe uses segregation to morally justify all the suffering his policies are causing. He’s got us coming or going.
As a Canadian and proud supporter of our Freedom Convoy, we definitely feel the contempt that our little tyrant Trudope and his w,e,f, minions have for the common people. We are onto him and what his agenda is. Canadians are a quiet lot but when roused we have a bulldog like stubbornness and we know we are in a war for our future.
Paul Craig Roberts gives a well laid out overview of how we got her and where its going.
USAWatchdog . com
I am already seeing my work back log dry up. Was swamped through mid June and just like that the phone has stopped ringing. Several contracts cancelled or delayed. Am prepped for everything except no work.
FJB and BBB.
Same here. However, I have prepped as good as possible for no work. I got slammed in 2008 when major customers pulled all work. This time, I am entering retirement so I was already in the process of pulling in work schedules.
I had cash in 2008, this time no. Have 3 years before retirement, or so I thought, lol.
Obama’s economic crisis should have prepared most people for this Biden induced Direct economic attack on us.
Orders are drying up all over the country with many shops and small businesses folding up completely.
God bless you and keep you.
Thank you Deborah!
That’s Madame Lagarde, to you serfs.
“Keep in mind, the EU and the U.S. are both chasing the climate change energy shift as dictated by the World Economic Forum in the Build Back Better program.”
We find that whole communities suddenly fix their minds upon one object and go mad in its pursuit; that millions of people become simultaneously impressed with one delusion (That China Flu is almost on a par with the Black Death of Europe), and run after it, till their attention is caught by some new folly (Or back to the old standby “Global Warming will kill us all!” and in 9 years now) more captivating than the first.
– Charles MacKay, Extraordinary Popular Delusions and the Madness of Crowds
The Earth may indeed be the Galaxy’s quarantined Lunatic Asylum. It would certainly explain a lot.
For those who still don’t understand capital flows, here’s a link posted today.
ANSWER: You are correct. This is the typical domestic analysis that only looks at the Fed and everything just inside the USA. The US is nowhere near insolvency at this time. That cannot be said for the rest of the world. The capital inflows are still pointing into the USA. Whenever there is war in Europe, the capital flees to the United States. There is no way the USA is in danger of insolvency right now. That will eventually come, but that is post-2024.
https://www.armstrongeconomics.com/armstrongeconomics101/economics/will-the-fed-reverse-course/
Shout out to my trolling friend CW and my sleeping through Econ 101 class. Thank goodness I slept through your Econ class.
As bad as it seems to us the United States is still the best safe haven for $$$ in the world especially in times conflict. Isn’t that why China buys our Treasury Bonds?
Yes, but they are slowly reducing them. They just dropped from 1.092T to 1.033T.
They have to reduce in baby steps, otherwise, they crash their economy as well. That’s why BRICS, ASEAN, EAEU, The new G8 and SPFS (Opposite of SWIFT) is being set up.
hope that makes sense.
Interesting that in the last few sentences Mr Armstrong claims globalization was the post WW2 savior of mankind. I understand there will always be global trade, but I disagree with his assessment of globalization being some holy grail.
No, I think he misspoke. One thing Martin is great at is Trading. The one thing he truly sucks at is typing. Even he has admitted that. I know from reading his blogs every day, that he doesn’t agree with this globalization.
Or, maybe I misunderstood him. Now I’m baffled, lol….
I re-read that ending as well and then took another look at that earth photo.
You’ll have to ask him to clarify.
Not baffled anymore. Here’s this link and the explanation.
https://www.armstrongeconomics.com/qa/answering-your-questions-2/
plus, he’s done many interviews regarding globalization
@Sundance “..that creates the 806% inflation match.”
Typo.
8.6% (Not that 806% won’t happen at this pace!)
“Well, son of a bitch!”
“How long did that EU Central Bank explanation hold up? Approximately two months.”
Because “transitory”
Yeah, transitory … yeah, transitory, yeah, that’s the ticket
Odds on members finally leaving.
https://rmx.news/france/eu-seeks-ways-to-introduce-global-minimum-corporate-tax-without-hungary/
deleted
The New Green Steal, the China inspired lockdowns and starting a war with Russia Russia Russia doesn’t seem to be working working out well for these pompous imbeciles.
See that “Light Blue” splotch in the middle of “Dark Blue” EU Territory. That is “neutral ground” (//sarc) Switzerland, with an inflation rate of between 2.5% and 3.5%.
This is the home of:
DAVOS
G7
WEF
UN Executive Offices (including; WTO, UNICEF and WHO)
The Board of Directors for the Global Banking Masters centered on the Rothchilds Castle in Geneva.
A note for the curious, that The Headquarters for the BRICS economic alliance is in New Delhi, India.
BIS
For those interested in the meaning of the acronym …. BIS.
The Bank for International Settlements (BIS) is an international financial institution offering banking services for national central banks and a forum for discussing monetary and regulatory policies. The BIS, which is owned by 63 national central banks, also provides independent economic analysis.
The home of the BIS Institution is Basel, Switzerland.
If I may expand a bit … this institution would provide the Monetary Executive to the Major Global Bankers running the show similar to the Wold Government Executive Services provided by the UN Offices in Geneva, Switzerland (i.e. WHO, WTO, UNICEF, etc.).
Per my previous alternative commentary … the one major hope for avoiding an armed conflict with Russia, at this point, rests with the European People who are much more volatile, seem to be more aware and prone to take to the streets. EU Leadership actually fears them more than the US Government fears its heavily fractured population.
The EU people and their Leaders know that they are target #1 in a major shooting war, while: the US, Canada, and the “Pacific Friends” of the G7 sit back to reap the benefits, temporarily out of range from any devastation and civilian losses. The EU citizens are also hip to the real cause of economic disaster.
Putin is smart enough to even refrain from striking the US and Canada just to drive home the point.
Over the last year, the Euro has declined in value vs the dollar by around 14%.
Et Tu Europe?
Yes but if we don’t have all this pain how can we have the great liberal world order?
I was stationed in Ge during the 1980s/ I remember a winter where I didnt see the sun for almost 4 months.
Probably more like double that. They have same morons addicted to the agenda with media partners that propagate the agenda. It’s to late by the time the mind numb sheeple figure it out it’s over. All they have is pitch forks and knives.
I wonder if those European countries are willing to follow Biden “for as long as it takes.”?
Sundance: “None of this is accidental. All of this economic turmoil is running on an identical track -on a global basis- because the entire western plan was coordinated and followed. What we are seeing right now is the outcome of the “Build Back Better” roadmap.”
Sundance,
Everything that’s unfolding began with a globally coordinated campaign of mass senicide; enabling the COVID fraudsters to shame the world into submission to their totalitarian ‘mitigation’ mandates and “build back better” by blaming the deaths on non-compliance.
I’ll bet you a doughnut that I can prove, CATEGORICALLY, that five states committed depraved indifference murder of their respective nursing home residents.
Meaning, as solid as the specific evidence against Cuomo may be…
and it is solid: https://www.houseofstone76.com/proof-of-cuomo-s-intent-to-kill-15-000
… it doesn’t prove that Donald Trump is the rightful winner of the 2020 election like the categorical proof of depraved indifference murder does.
Read the case against Cuomo (16 pgs), then read the open letter to Naomi Wolf I left on the home page
https://www.houseofstone76.com
In that letter, I explain why I’d be willing to wager my life on the fact that Donald Trump received more electoral votes than Biden on January 6th. No joke. The chances of me being wrong are about the same as the East River caving in on me as I drive through the Queens Midtown Tunnel.
Trumpets? Wolverine?
Happy Fourth of July,
Bob Stone
I can’t get the link to open to anything.
Sorry….works for me.
I don’t buy 8.6 for the states…it’s much higher than that on main street. You can make statistics say anything you want to further your agenda.
What good is going to come from collapsing the economies of the USA and EU? These multinational corporations are going to lose a fortune as people stop spending.
The New World Order of course.
A little bit of misery, suffering, mayhem, chaos, the breakdown of civil society, murder and death is but a small price to pay for socialist / communist NWO Utopia.
Post Brexit, your graphic is inaccurate Sundance.
Regards, a British pendant
It’s not going to take a lot for some charismatic leader to emerge who offers to give these frauds what they have coming to them…
I think Trump’s inauguration forced their hand. I suspect Russia and China were the real motivating factors. I am sorry to report these Globalists do not yet fear us. They fear a level chaos that they can’t control. But even more so, they fear countries with accountable currency. They don’t fear Patriots with guns anymore than they fear their foot soldiers on the left. However as stated they don’t want a big mess at the end of the day. That has absolutely no bearing on what they would be willing to do to escalate the situation. It’s the spoiled child syndrome. Gets mad and breaks his own toys to stop others from playing with them.
Personally I think their war has been lost. They are going to be jumpy. As much I hate the thought a Golden Bridge must be constructed. That’s from Sun Tzu about how to treat your enemy. The worst thing you can do is wall them in. I can actually see them using it as leverage. The only question is will Russia and China accept. And therein lies the problem for Globohomo. They know if they surrender terms eventually they’re going to be cutdown. Let’s face they’ve made some people angry. So again, that bridge is going to have to be attractive.
The Dutch government has no idea……what they are in for
Well, that didn’t work so well for the Canadian truckers. All the Dutch government has to do is to threaten to close their bank accounts, credit accounts and confiscate their property – since they are enemies of the state and weaponizing food.
We are no longer in a world of democratic government. We are all residents of a green energy dictatorship.
The farmers are now literally at the point where there is nothing left to lose. Most farms are up to the hilt in debt having to comply with ever changing regulations from an ever more insane government. EU rules regarding nitrogen pollution are far less intrusive than how they are applied here in the Netherlands, it is self inflicted and the government will not ease up and are beyond reasonable. They are all in for the Climate agenda and to impose it upon an already overburdened society. Regular unleaded today goes for $9,26 a gallon. Air travel and public transport a mess, a scandal in a country that prides itself on its efficiency and high worker output and people in general support the farmers.
The government have now gone too far and maneuvered themselves into a position where retreat will certainly mean early elections. The farmers won’t back down.
You are wrong. The Freedom Convoy ignited a movement here in Canada that has not stopped. Our Pravda media doesn’t cover it but grass roots here is powerful and growing. We have nothing to lose and know we are in a war. People all over the world are now awake. Just because we aren’t instantly organized doesn’t mean we won’t be. History has not been written yet.
Rationing Has Already Started In Europe As The Entire Globe Plunges Into A Horrific Economic Nightmare
https://www.zerohedge.com/geopolitical/rationing-has-already-started-europe-entire-globe-plunges-horrific-economic-nightmare
Things will get ugly.
Putin has not even begun to fight back against the sanctions. Europe is not prepared for when he shuts down all fuel to Europe.
JPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian Cut
The Group of Seven nations are hammering out a complicated mechanism to cap the price fetched by Russian oil in a bid to tighten the screws on Vladimir Putin’s war machine in Ukraine.
But given Moscow’s robust fiscal position, the nation can afford to slash daily crude production by 5 million barrels without excessively damaging the economy, JPMorgan analysts including Natasha Kaneva wrote in a note to clients.
For much of the rest of the world, however, the results could be disastrous. A 3 million-barrel cut to daily supplies would push benchmark London crude prices to $190, while the worst-case scenario of 5 million could mean “stratospheric” $380 crude, the analysts wrote.
https://archive.ph/O0KWO#selection-3563.0-3577.269
Modi and Putin spoke today. BRICS population outnumbers NATO three to one.
BRICS have 3,319,218,758 people to feed. NATO countries have 947,000,000 people. don’t know who has better weapons of war including guys but bet it is not NATO. There is a cartoon showing young guys going into Russian army and coming out big mean bears. below it is young guys going into US army and coming out looking like big bird, drag queens, pregnant
I stand by my comments of March – city parks will be deforested as people in cities try to stay warm this winter.
It will start to look like Haiti.
That happened in Germany during the end of WWII.
Meanwhile, check out how Californistan is holding up with the inflation rates (I mean I cannot even imagine the high taxes etc and then also 8.6% inflation on top- and I’m near NYC!)
Hold up a minute, the map above is incorrect. The United Kingdom is no longer a European member state. They are just as screwed up but they are at least independent . . . . . for now.
The UK has 9.1% inflation rate. They are not part of the Euro-zone, true, but they are experiencing similar rates of inflation. The map is not correct, but the point of the article is.
EU inflation is good for US because they will thing twice before going to a land war with Russia under the leadership of the great power Lithuania.
Think
This is one reason I’m not a bit interested in using FAKE money like Euro’s or bit coin or any of that kind of junk. Why can’t we just NOT mess with the money system right now, since everything else is in such a mess? This administration seems bent on ruining America at the speed of sound.
As long as nation’s sovereign and private debt is denominated in their national currency, inflation enables the nation, and its private enterprises, to repudiate their debts without formally declaring it. Hyperinflation is the ultimate repudiation. It’s a disaster for most in the nation, but the wealthy who have invested in tangible assets make out nicely.
Wonder why Gates and others are buying real estate and farmland? It’s a hedge against a devaluing currency, especially if you can buy the land with very low interest rates and repay the loans over a long period with dollars of decreasing purchasing power.