Treasury Secretary Scott Bessent appears on Fox News morning program to discuss the current status of the U.S. economic targeting of Iran and the U.S. control of oil shipments through the Strait of Hormuz.
At 05:49 of the video below, Secretary Scott Bessent outlines the hypocrisy of the EU-NATO countries as it relates to purchases of energy from Russia. Secretary Bessent notes the same hypocrisy applies to voices in the U.S. congress who passed HR-5334, the Lindsey Graham Russian Sanctions Bill, authorizes the President to lift and/or impose sanctions related to Russia. {GO DEEP}
Many EU-NATO countries continue to purchase oil and gas from Russia, yet those same EU-NATO countries feign outrage at President Trump making a deal with President Putin to supply diesel fuel to the world market and USA to the benefit of consumers.
In fact, the EU is buying more energy from Russia this year than ever before, which is interesting because congress has authorized President Trump to deliver up to 500% tariffs against those same EU-NATO countries for purchasing Russian energy products.
EURONEWS – Europe paid around €7.88 billion for liquefied natural gas (LNG) from Russia’s Arctic energy project in the first nine months of 2026 despite Brussels’ efforts to phase out gas from Moscow, according to the campaign group Urgewald.
The figures, compiled by Urgewald using data from the market intelligence firm Kpler, expose just how reliant the EU remains on Russian energy, with a record of 12.18 million tonnes reaching European ports between January and September this year.
[…] European LNG imports from the Russian Yamal project rose 9.5% year-on-year between January and September, with EU ports receiving 85% of Yamal’s recorded deliveries.
France received nearly three-quarters of September’s EU deliveries, with the Dunkirk and Montoir ports receiving 571.716 million tonnes of Arctic LNG, according to Kpler.
The Netherlands imported 146.461 million tonnes of LNG and Portugal 74.263 million tonnes. No cargoes were recorded in Spain or at Belgium’s Zeebrugge terminal.
[…] US sanctions under the Lindsey Graham Act could disrupt trade before the EU’s ban on Russian LNG takes effect, forcing European governments and buyers to respond.
The US administration faces an 18 October deadline for its first review under the law. However, the deadline should not be mistaken for an automatic ban on Yamal deliveries, Urgewald say, as the law’s practical impact depends on how the administration exercises its powers.
“The US President must compile a list of ships transporting Russian LNG by October 18. These ships will then be subject to sanctions unless Trump issues so-called waivers. This is possible and, given Trump’s track record regarding Russia, not unlikely,” Rötters told Euronews.
EU imports from Yamal will depend on the goodwill of the US President from 18 October until the final embargo takes effect in 2027, Rötters stressed.
US sanctions have already severely restricted Russia’s Arctic LNG 2 project and the Northern Sea Route, while Yamal LNG continues to supply Europe. (read more)
I will note again that not a single western analyst ever outlines the price India, China, or Southeast Asia pays to Russia for the energy products they purchase. That’s because those purchases are made outside the “western market price structure” used for energy sales. What western analysts call energy sold “at a discount” simply means at prices outside the western commodity exchange price; at prices determined by Putin and other nations.
That said, the energy products that flow to EU-NATO states, are sold at “western commodity market prices,” and are likely significantly higher than the energy products sold to China, India and beyond.
That brings us to the key and rather consequential question:
What price is Vladimir Putin selling diesel to President Trump?
The answer is likely inside the former discussion of purchasing potash from Belarus. Within the potash agreement, Belarus was/is willing to sell to the USA at a price significantly below the “western market price,” and that has upset Canada.
What few Americans and Europeans understand is there’s another entire system of global commodity sale that exists outside the “western market price.” Independent nations selling to other independent nations based on prices they agree to between each other. That has nothing to do with western commodity prices (‘market prices’).
This is one of the reasons we are seeing nations like the UAE leaving the OPEC system in favor of selling to a larger global audience at bespoke prices. The UAE announced on April 28, 2026, that it will leave both OPEC and OPEC+ effective May 1, 2026, citing national economic interests, production flexibility, and alignment with its “We the UAE 2031” vision.
Do you remember when President Trump said, “it’s great that the UAE is leaving OPEC“? What framed President Trump’s statement was his belief that sovereign nations should be selling their products to other sovereign nations based on mutually agreed prices. This is the opposite of the London-based construct of “western commodity pricing.”
♦ Organic geopolitical competition lowers prices. Russia may say we sell oil at $75 a barrel. Saudi Arabia may say we sell oil at $80 a barrel. Venezuela may say we will sell you oil at $65 a barrel. The nation states take control because these raw commodities are the assets of the nation state, not the multinational corporations.
This is a seismic distinction between the current system (western market price) and the system that is preferred by the BRICS assembly (national prices set by govt.). Competition among nation states for sales of oil/gas can make consumer oil/gas prices plummet. Purchasing nations can make purchase contract offers instead of being captive to the commodity price.
The BRICS issue before was that each nation would sell their commodity in their own currency. However, as we see in the Belarus (potash) and potentially the Russia (diesel) deals, President Trump is creating a hybrid system where the dollar remains the trade/transfer currency, but the price is entirely up to the two independent nations – one selling, one purchasing. This destroys the middlemen! Which is to say, this sovereign approach destroys the vulture capitalists and control mechanisms of the multinational banking interests (ie London).
Again, if you go back to the comments around that Alaska summit between Putin and Trump, the conversation about a strategic agreement between the two nations surrounding the energy sector was the primary statement at the end of the summit.
Keep in mind, the same system that controls the “western commodity market” is the same banking and finance system that controls the mechanisms of the green energy/climate change programs, including carbon trading schemes. It’s all manipulation by bureaucracy and ideology. Banks telling energy borrowers they cannot spend the funds on carbon extraction and climate friendly ESG systems are preferred for lending.
Take out these finance and banking “middlemen” and the western market control system collapses; at least for energy sales. Now put a value on that entire control system and you’ll likely agree it extends beyond the ‘trillions’ into the quadrillions. That’s the scale of opposition here!
♦ Immediately following the August 2025, Alaska summit between Russian President Vladimir Putin and President Trump, Russia restarted Arctic-2 LNG terminals and began increasing natural gas (LNG) production for storage on ‘floating platforms.’
President Trump met with President Putin on August 15, 2025, and the curious increase in Russian production began on August 18, 2025.
It absolutely did not make sense that Russia would start producing even more LNG considering the previously imposed western sanctions against them, and the fact that Russia was already overproducing LNG. As noted by analysts at the time. Russia had no market for this LNG, yet Russia began increasing LNG supply anyway. For six months Vladimir Putin extracted and stored LNG.
Six months later, on February 28, 2026, Operation Epic Fury against Iran began.
Within 36 hours Qatar announced they were shutting down all LNG production, following retaliatory strikes carried out by Iran. Overnight the price of LNG skyrocketed, and immediate concerns were raised by ASEAN countries who are heavily reliant on LNG production from the Gulf.
Southeast Asia doesn’t use LNG for heating (don’t need it), that specific cheap energy resource powers everything else in their economy, cooking, transportation, electricity etc.
Six months earlier Russia began storing LNG and oil on floating platforms with no customers.
A few days after Qatar made their March force majeure shutdown announcement, Treasury Secretary Scott Bessent issued an interim license for Russia to sell oil and gas that was loaded onto “floating platforms and vessels” before March 12 and was valid through midnight Washington time on April 11. [Treasury Notice Here – OFAC Technical Details Here]
Either Russian President Putin was the luckiest guy in the world, or Russia knew something.
In August 2025 what Russia did following the Alaska summit did not make sense. However, in March 2026 what they were doing for the past six months suddenly looked like something more than simply fortuitous timing.
♦ On September 5, 2026, Steve Witkoff and Jared Kushner traveled to Moscow to discuss ceasefire negotiations. On September 8, President Trump and President Putin held a telephone call to discuss the visit. President Putin’s senior aide Yury Ushakov documented the phone call in a Kremlin readout.
Part of the readout: “[Russia’s] vision of the overall progress on the battlefield and achieving the goals and objectives of the special military operation. Speaking of which, actual tangible actions that the Americans could take to expedite the cessation of the hostilities were outlined.”
President Putin outlined tangible actions “Americans could take”?
This proves that not only Americans, but the rest of the world has been getting ripped off for decades!
President Trump is trying to change that. The media will never give him credit for that. And the people who have become unbelievably wealthy from this scam will fight Trump with everything they have to maintain their control over energy worldwide.
God bless President Trump, may he be wildly successful!
If he wins, *WE* win!!!
And Trump will never get credit for ending 8 wars and spending the better part of the last two years trying to end the war in Ukraine. Nada. Because the elite EU and Canada have their heads up each other’s rear-ends. They are the worst. Who needs friends like them! We’re done being their errand boy with our blood and treasure!
Why haven’t people started referring to Mark Carney as “Mark Carney Barker”?
Complete the picture by having him standing in front of a carnival ride while he blathers
out his bullshit.
I saw someone refer to him as Mark Carnage. I thought that was pretty good.
I love it! LOL!
Correction: Marx Carnage. 😉
I don’t believe – for one minute – that it’s “their heads up each other’s rear-ends.”
He gets plenty of credit from loyal Americans. He doesn’t need a worthless Nobel Peace Prize.
‘And Trump will never get credit for…spending the better part of the last two years trying to end the war in Ukraine. ‘
Trump could have ended the Ukraine war within days of taking office as he promised in his campaign, by simply ceasing all US support for it.
But he didn’t. Why not?
The fact that EU and NATO countries continue to purchase energy from Russia is a clue: The whole thing is contrived. Coordinated behind the scenes between Russia (therefore also China) and the US/EU/NATO.
Ending it was never part of the Plan. It is being continued to accomplish longer term goals of the major powers above, steering the tectonic global shift underway.
Look at what is happening, to understand the shift and therefore the goals:
The US started the proxy war in Ukraine, partially depleted US weapons feeding it, and is now pulling back leaving the EU to get further dragged down by it.
Then the US bogged down with Iran, further depleting US weapons and starting a retraction from that theater (“debasification”).
And US sanctions against Russia and Iran/aligned, and mounting failures to defend US allies from attacks in the middle east, are undermining the petrodollar hegemony.
Together, the US and EU are being weakened by these actions, as their sovereign debt growth accelerates and their surveillance state systems continue building, and as the surveillance state “mothership” China strengthens.
You can trace these trends forward to see the apparent coming global end state. And the apparent reasons for the Ukraine and Iran conflicts.
Is it possible PDT threatened the little cokehead nazi puppet with a full audit of all US taxpayer funds flushed through that corrupt dump Ukraine, or that whole Patriot Missile license, if the little worm shot up another Russian refinery?
Any other Ohioans here? Remember when you knew you were in Ohio, (and only Ohio)
by driving around and looking at the gas stations. Remember “Sohio”?
Never thought about until Greg1 ‘s post above, but the London Commodity fixing went
into overdrive around the time all the different gas station brand signs came down and
BP (BRITISH petroleum) signs went up.
Looked up when SOHIO disappeared : late 80s. BP had been moving in on them
since the late 70s when the Prudhoe Bay oil was discovered in Alaska. If the Brits
had kept their mits out of the SOHIO merger, maybe we wouldn’t have seen
“the rest of the world getting ripped off for decades”.
IF you put 2 and 2 together…. the high crude price is also how they Gave us OBama…. and Obama/Democrats are literally in bed with the Canucks and the EU Royals…. Obama has been working hard to wreck our nation with Traitorous policies and Communist Judges that are on the bench Blocking our President DAILY!
Growing up in Akron, across the street from my grade school was a Sohio station. It was the neighborhood gas station that everyone used. Back then the manager and mechanics knew the customers and helped people maintain they’re cars. When the Sohio shutdown, it was demolished.
Fun fact. I live 30 miles north of Toledo, Ohio. Gas in Michigan is 4.50 a gallon. 30 miles south in Ohio it is 3.50 a gallon. Michigan is keeping prices high to make the citizens suffer in hopes of winning the midterm election. Strechin Grethchin Gov. Whitmer is a Communist, just like all the Dumocrats.
Newport or Carleton? I grew up in Maybee
Just passed through Pennsylvania into Ohio last weekend. Gas was $1.40/gal less where I bought it. Pennsylvania just seems to live high taxes on necessary things. Wish it would be reflected in their upcoming election, but somehow I doubt it.
Yep, little Joshie will easily win a second term notwithstanding. I am somewhat surprised that Shapiro ran for re-election because he will more than likely be running in the Dem POTUS primaries in ’28. He really thinks he is presidential material. 🙄
Michigan forces the use of boutique gasoline blends, which are always more expensive.
The same is true in washington.
Today it’s averaging $5.45 a gallon.
The more it goes down elsewhere the more they raise the price here.
I’m near the Indian/Illinois line; same crap. Indiana $3,49/gal, and in Pritzker’s den of thieves $5 to $6/gal+.
$4’ish in southern Wisconsin last week. $3.99 just east of Madison.
and a PIG!
Lots of Somali fraud in Ohio, too.
(Raises hand) and recalls when the red white and blue stations become the ugliest combo of green and yellow, overnight. IIRC the prices got higher too.
I remember SOHIO.
Circleville.
I grew up in a rural southern Ohio town. The middle school I attended was next door to a SOHIO station. Us kids knew the attendants by name and bought lots of snack from their vending machines. Sadly, that station became BP in 1988. Even as A 19 year old, I knew I didn’t like the Bride coming into Ohio. As the Byzantine said about the Crusaders turning on them, “Phui!”
Brits! Blasted spellchecker.
I have an old SOHIO stapler from the gas station. That’s where we went.
Bessent is one of our best Treasury Secretaries. I would say within the top two or three.
Presidential!
Respectfully, that’s a somewhat different skill set. But clearly Bessent is the ideal treasury secretary for this exact time and this exact hour, 100%. Like President Trump, it’s as if he was being prepared for this role his whole life, particularly while he was working for Soros and took down the British Pound (hint: he was). Similar to President Trump’s bankruptcies starting in the 1990s, back then I’m sure none of us humans could have imagined the events of 2026 in our wildest dreams.
That nomination would not go down well in Peoria.
Scretary Bessent is the most effective, kindest, and honest of all Treasury Secrtaries.
With a great sense of humor!!! Really enjoyed that interview, he had me laughing! 🤣
He wrote a very thoughtful letter to Senator Warren a few days ago. Worth a read.
🤭
i have heard he has a temper. But that is not a bad thing.
I’m extremely glad to see conservatives giving it right back to liberal scum. Our treasury secretary is just flat brilliant and who would’ve known he’s an excellent writer as well. The same respect goes to Marco!
Nice guys finish last. Liberals deserve to have their tails kicked so hard they’ll be wearing it for a hat. (Hat tip to Joey Wales).
This administration is illuminating to the liberal attack media how desperate these leftists are.
There’s a lot of unknown backstory with this one. The Soros history and eventual split, Bessent’s husband’s background and political involvement, and Bessent’s own political ambitions following 2028 etc. I like him but am curious about his ideologies considering his unlikely network. Normally we’d all have raised hell for bringing on a Soros man.
I remember a man named Jim Rodgers (I think) who made a lot of money working for Soros too. He isn’t in politics today as he retired to Singapore to educate his two young daughters. It seems working for Soros made several persons quite wealthy.
Correct. Jim Rogers is a smart guy. I’ve read a couple of interviews of his. Marc Faber is another very smart fellow on finance and economic matters with an incredible funny streak (though he did not work for Soros).
As CSN said in Wooden Ships :
“the middleman is something everybody everywhere understands in the same language.”
AFUERA!
the irony is that the middleman Trump/ Besent is cutting out is the one who actually spoke the language, so the universal understanding now runs straight from Moscow to New York with nobody translating.
The City of London is the sharper target — it’s the world’s oldest middleman, a square mile that spent centuries translating between empires and taking a cut of every deal.
That’s the uncomfortable truth — the middleman was never necessary, just convenient. He made the deal comfortable, not possible. Once the two sides want the transaction badly enough, they’ll find each other directly, and the buffer becomes a cost instead of a service.
The City’s been saying the same thing about itself for centuries, and it’s still standing.
But that was a World without A.I , the internet, & crypto….
Those three technologies are exactly what made the middleman obsolete — the internet removed the distance, crypto removed the trust requirement, and AI removed the translation layer. The City’s whole business model was being the place where strangers met, verified each other, and settled accounts, and each of those functions now has a cheaper substitute.
The one thing it still has is jurisdiction — the legal system that makes contracts enforceable. That’s the last moat, and it’s the one Besent’s chainsaw can’t touch.
Yet.
(Now do the Big Pharmacy middlemen…Walgreens, CVS…and watch prescription drugs do the same. Curses on “middlemen”!!)
😎 👍🏻
Amen …M’lady… What a wonderful World it could be…..
I thought we already did that. Hell I saw that sad fat lady commercial at least 15 times today, while watching NFL Sunday ticket.
It’s an ad that weight loss drugs are now paid for by MCR.
Search online why Brent Crude is the Global Benchmark on oil… while the North Sea region produces ~2.5% of daily oil…. the Communist AI…. says because the OPEC is a cartel…. and Brent Crude is a Democratic free Region. You literally can’t make this BS up….
From my research, every region seems to have its own name and price per barrel. For instance, WTI.
My thought is, if there are 15 different regional oils that trade at different prices than Brent, it’s more of a tradition than a conspiracy.
Yet.
Good synopsis of what Team Trump is tackling.
The technical term for “getting rid of the middlemen” is “disintermediation.”
It happens any time a buyer goes directly to the source – buy wholesale direct from the producer instead of buying retail at the “suggested retail price” (sticker price.)
For a pure bulk commodity product like LNG or refined #2 diesel, those middlemen are acting like gatekeepers or like a cartel. If more big buyers and big sellers start transacting deals at prices substantially different from the brokered price (middleman price) that is going to break down the power of the middlemen to collect any premium. All their pricing power will be arbitraged away.
Right after Alexander Hamilton
Or ever. He essentially demonstrates we don’t need a secretary of the treasury if economic liberty were permitted to flourish as the Founders intended.
President Trump is playing the LNG GAME.
😉 👍🏻 🇺🇸
Well Done…
🙂 🙂 🙂 🙂
High praise from you indeed, dear WORDMAN 👍🏻
Missed opportunity bro 😉
Watching football…
Then you have seen the sad fat lady commercial I presume?
ZING!
No, the United States does not have to buy commodities at the listed CME (Chicago Mercantile Exchange) or LME (London Metal Exchange) prices.
Spot vs. Futures Pricing
Commodity prices are determined by supply and demand fundamentals, not fixed mandates.
Buyers can transact in:
Exchange Role
Exchanges like the CME and LME provide standardized futures contracts for price discovery and risk management. While these contracts set global benchmarks, physical buyers and sellers are free to negotiate prices based on regional premiums, logistics, and specific contract terms rather than adhering strictly to exchange listings.
Yes, commodity prices are determined by supply and demand fundamentals, but the middlemen rig the supply so as to gain the highest possible price in each market. Or the lowest. Depends on the commodity; for example, the highest possible price (profit) for diesel and the lowest possible price (expense) for precious metals that the bankers desperately need to cover their increasingly worthless paper.
Middle men are in the middle. There is no way they rig the prices. There is no way they rig supply. The supplier or suppliers might rig supply.
And yet, we have the London “fix” on silver and gold, which is a different price than any other exchange. The last run-up of silver was all fear based on the amount of silver in London vaults VS demand. Then when they made their money selling the price dropped back down. Had nothing to do with reality, since most silver is produced at about 17-25$/oz.
Go back in history to the Hunt brothers. The “fix” is in.
“Funny Money”
They lost their shirts. And pants.
How does that statement prove you point? It does not. You do not understand what markets do.
Really? Many “middle” men have their fingers in multiple parts of the pie, including influence in the supply side and retail side. It’s naive to think they don’t at the very least influence supply and availability.
OK…Name those that have multiple fingers in different parts of the pie?
And yet,,,they don’t.
This sounds like a PR ad for the Commodity Market Owners /Controllers. It’s exactly what they want us to believe yet even the language in here lacks ANY SPECIFIC metrics that can be cited.
It’s all :
— “determined by supply and demand fundamentals” (please translate that to $$/bbl using hard metrics. Hint: no one can)
— “current cash price” (who determines THAT? How?)
— “Negotiating private forward contracts” (operative word here being “Negotiate” (i.e., hard metrics not prominent)
It’s all a smokescreen wrapped up in commodity market jargon so that prices are ALWAYS set to WHATEVER THE BUYER WILL PAY.
If someone picks a price that is wrong. Other traders will jump on it with a trade the other way and if they are correct guy that picks the wrong price will LOSE A LOT OF MONEY.
You have your opinion but it is not based in fact.
For 19 months in 1978-79 my family lived directly next door to a man (and his large family) who dealt – as his primary job – in the SPOT MARKET for Cities Service Oil Company (was later changed to Citgo via Southland /Occidental and is now Oxy USA Inc).
He operated largely from his home office. I spent more than a casual amount of time evenings and Saturdays with him learning about that business from him. He eventually became quite wealthy and moved to a much larger house in a different zipcode so we lost touch. But he decoded much of the “mystery” around the oil commodity market that existed at that at that time. That was right after the tumultuous oil industry embargo and pricing episodes from 1974 and during the episode in 1978-79.
I stand by what I stated, as learned from a buyer of bulk oil and oil derivatives.. If it has changed significantly since then, so be it. But I doubt it changed much since the banks and corporations were making too much money to give it up so easily.
It is obvious he was telling you mush or you misunderstood his explanation.
I learnt in my 30s that the riggers decloak every now and then for ‘this year’s big score’. We were small day traders using a price feed by satellite. We were 40 seconds behind floor price. Too long. After playing on paper we played with money. We only played for the smallest contract and were aware if ever there was a threat of mid-east war via News, the brokers would throw small fry out of the pool (a fast price movement can cost you your home).
We spent time researching the OPEC meets, as all the day traders did, and got set up for the announcement from the OPEC spokesman.
We had assessed correctly, contrary to the broker newsletters, and the production quotas rose, and the crude price fell… and we were in the money, about $25k. Finally a good pay day.
But an hour later the ticker feed said Saddam Hussein had his jets fly in the red zone and threaten to attack a terminal or something. This reversed the market and before we could unload our contract we lost $10k and the broker said he had worked fast and saved us a larger loss. So we had to look on the positive side.
But the other news outlets carried nothing of this Saddam event. It was a hoax news story to check the market price by the Oligarchs. We rang people who had mentored us and they said the floor traders felt the same’ it was a set up. Oligarchs “own” journalists and news channels then, and still do.
The big money players cheat, so we moved on. They can steer prices aka fluff the market by manipulating market news for a big score and people like Soros had his spooky connections and rebel leaders in the mid-east on speed dial, as did Epstein. We see now the Houthis were contacted after Hormuz settled down and the Oligarchs kept the market prices up by having some ‘rebels’ burning a tanker or two in the Red Sea pinch point (imho). That looked every bit like a speed dial scam to me.
I will link a map of London City and see if it works.
You proved the market price moves quickly on developments. You also proved any attempt to arbitrarily set a price better be close to the actual market price or people will lose a lot of money quickly. It is a market made by experts. Its all they do. Small fry have no business swimming with sharks.
Now I’m old I see the blind spots and information gaps where it can be rigged “…nine ways to Sunday” to quote that horrible Senator.
Sovereign Economic World means: Eliminate the rent seeking middle men profiting of the vision and labor of others through market manipulation.
There are rent seekers. They are not the middlemen, not the bankers. The rent seekers are the GOVERNMENTS. The EU wants a Zero Carbon Emission Continent. It is expensive to do and makes all their industries uncompetitive. So they have to beggar the US to sink with them. It is sinking in. Russia and the US will be outside the sinking continent and make it look bad. The EU wants us to drown with them. What horrible allies, they need to be former allies.
The Government is telling the Banks what to do. It is why a dumbo like Carney got put in charge of Canada. You have to be stupid to do this.
Great news: PDJT announced on Sunday that there will be an “energy ceasefire” in the war between Russia and Ukraine.
Effective immediately, there is an ENERGY CEASEFIRE in the War between Russia and Ukraine. Both parties have agreed. Do not break it! Thank you for your attention to this matter.
https://justthenews.com/government/white-house/trump-announces-energy-ceasefire-ukraine-war
Reasonable certain PDT had to threaten the little nazi gnome to get him to stop responding to his London based globalist handlers. That giant sucking sound is the city of London heading into full vapor lock mode
Mary Sunshine: did you read MrZs statement after he talked to his puppet masters.?
Hate to be vulgar here, but I think your theory of the case is missing a key ingredient: incest.
i.e., the “bankers” and governing classes are in bed with each other. In fact, bankers buy members of governments.
That cannot happen unless the government OKs the incest. So again the blame should lie with the government. Our markets should be free.
You live in a fantasy world.
No, he’s right. The markets should be free. They aren’t. And the government does OK the incest.
The central bankers with the intelligence community as their jack boots tell the government what to do. The control mechanism is satisfying politician greed with money and/or power.
And in today’s world, one central banker runs a country with an economy, 1/13 the size of the USA’s. He’s their point man because every other western leader has no approval of the citizenry.
Regarding the USA and the BRICS system; if you can’t beat ’em, join ’em! What a novel concept! Leave the Londowners behind, I say!
Rigged markets have been painfully obvious for many years now, but especially in the last decade or so!
Republicans used to be known as “Trust-Busters,” i.e. breaking what was known as “business trusts” i.e. monopolies to allow free, competitive markets, to stop price fixing and market rigging, and to lower prices.
President TRUMP’S Golden Age is seeing its foundation laid!
Forward thinking by smart leadership, well played! Some bureaucrats can only see from inside their feifdom with greed towards the Serf; champions of liberty and abundance envision a better way towards the future, not stuck in Grey, dismal scarcity and limitations upon the soul. Keep on thinking free!
I would love to rest easy with a commentary like that , but so many are conspiring against our President to destroy everything right he is trying to do. It’s the enemy within and without ( not to mention the Evil media )
As old as humanity. The fight against evil is also unrelenting. Truth is bitter to those who’ve drunk the poolside for so long.
During the Nixon Presidency OPEC controlled 50% of the supply of oil and 75% of global trade. Do you remember the gas lines we had when they did not want to sell oil?
There are middlemen or distributors in all market segments of business. I do not like them but in many cases they provide services and sell to the smaller purchaser that a large manufacturer or source may not want to sell direct.
Prices everywhere are set by buyer and seller. OPECs pressure came from a monopolistic point of view.
Remember Rockefeller’s Standard Oil. They controlled 90% of the US market and would have controlled it all.
The Rockefellers monopolized oil distribution, not production.
Nice try but no Cigar.
No, Standard Oil did not control only gasoline stations; it controlled the entire oil industry supply chain, from extraction to retail.
Its dominance included exploration and production, transportation via pipelines and railroads, refining crude oil into various products, and marketing through its extensive distribution network.
Poor word choice on my part. Standard Oil’s stranglehold on distribution is what put the small producers out of business – they couldn’t market thir product at a sustainable price and eventually SO was all that was left.
The name was short for Standard Oil of Ohio. Rockefellers were Standard Oil. My Grandfather owned a Marathon Gas Station and made school buses.
Wrong again.
I think there are maybe five people here that understand what you are relating. Has anyone not even considered the consequences of abandoning a free open market? I am beyond dismayed at the economic folly being promoted both on and by this site now. I’ve documented exhaustively here that there is not substantial speculative influence on prices in the distillate markets currently. Not one person has refuted any of my statements. It’s just they are ripping us off. Trump is going to end this, so on and on. Trump is not going to eliminate free supply at market prices. The commodity markets average all cost of production at real time auction and present a relatively free opportunity for the entire world to participate. The major disruptions come from banning certain people or nations.
Your local Realtor’s Multiple Listing Service contains most all the opportunities to buy another house. On this service you will find some excellent built new houses, many poorly built new houses, old houses run down, old houses in exquisite condition, which are my favorite. Everything in between, too. Everyone can participate according to their needs, ability, and capacities. Some of those providing the inventory will have built for speculation, and are seeking what profit there is available. Others will have decided for their own reasons to sell a property they have held for many years. It is proper and natural that the long term owner has a much lower cost basis, likely allowing him to gain a good rate of return as compared to the spec house, even after time value of money and the various cost of holding are considered. But is he robbing you should he ask market value, and refuse an offer allowing him just a 10% profit over the price paid decades ago? No, not the least because he has to pay the current price value to where he is transitioning. If market prices were not allowed because the older home had a lower cost basis, how could new houses be offered, other than Mr. Mandami’s methods?
Why is the oil market different? Should you have a 50 year old property that has reached a stable production level, you clearly have a major cost advantage over a wildcat producer or even a major that is exploring and developing new fields. Like the aging uncle that may sell you a house well below market pricing, the old well’s owner can sell you oil at a vastly sub-market rate. But then, where does his next well come from? He doesn’t have the funds to develop it. So, where do you get your next tank of gas? Oh, off to the Tesla store. Well folks, the electricity market is just as bad off.
This is the listings of the distillate oil inventory on the first report in October for the last 5 years:
2021 129.3 Million barrels
2022 106.1
2023 117.0
2024 118.5
2025 121.6
2026 105.1
From https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WDISTUS1&f=W
The current number is the lowest on record for the first week of October going back to 1982. Distillates are diesel, heating oil, jet fuel mainly. Why 1982? That is when the records start. Why? Ever hear of deregulation?
Get this down, we are about 12% below the last 5 years average inventory. We are going into the heating season and winter with war affecting supply with the lowest levels of inventory in history for the time of year.
But it is presented both by and on this site that we have plenty, and are being robbed for political purposes. Certainly, political advantage is being taken. But are we really that empty? I can’t quote a number on our maximum storage capacity, but I can tell you from the above source that as of the last EIA report we have 56% of the inventory peak from 1982. Since then we have had a peak inventory during the covid lockdowns on 7/31/2020, and we are at 58% of that peak. I would infer from that we are somewhere about half full or half empty, if you prefer, of our estimated storage capacity. These do not include the Strategic Petroleum Reserves.
I will be blunt here. I believe most of the mindset I am differing with is because of the influence of the Promethean Action group. As a student leader in the 70’s and 80’s, I encountered the Larouche Group at a large university regularly. I found them to be a highly skilled adversary. Few people could take a partial truth and lead a conversation further astray from reality than those people. Of course, I do not know the presenters in the current group. But I recognize the tactics thoroughly. So be careful, or in a few years you may not recognize yourself compared to today.
I have done as much as I am willing to do to caution this community. I have presented you with carefully research facts every time I have engaged the subject. It is easy to look at the creeps running much of the world and say “I want rid of this system.” Please, as I go away, remember that they have the next system in mind already. and they are counting on you to demand it.
I would suggest that the prevailing thought is that prices are currently not free but controlled by various forms of cartels using both the monetary system (thus the ‘BRICS’ countermovement) and the pervasiveness of controlled systems (monopolization of trade systems).
The converse can have its own problems such as exploitation of a population for its resources (which the left cries about historical colonization while ignoring present PRC belt and road), but at the present the former is driving the ragged shell of civilization towards a gigadeath war, so first things first.
At best, we have a hampered market system.
Amen CET. Thank you for not running from that Boogeyman Lloyd from that scary City of London place.
I do believe Iran’s Rulling Class Elites aka The Mullahs enjoyed living and investing in the City of London.
They do annie. They have been welcomed for as long as I can remember and especially their money.
I remember staying in London on a business trip and an associate with another company brought his wife along. One of the Hotels had a Casino on premise. They were asked to leave one afternoon because “wealthy Arabs” were coming to gamble. They would be uncomfortable with a Western lady around.
Good analysis. You are spot on with the alternative that would be offered or what was offered would turn into it: “Mr. Mandami’s methods”.
Promethean has some pretty good analysis. I too ran into them years ago. Brits are fixated on Britain and London. Britain is a dead man walking now. I am not sure what the root cause is now. My guess it would be the unelected rulers in Brussels. But the Brussels folks have no military. The real power will be able to put the boot to the neck of the people.
Great post. But their next system is carbon credits, and it is currently in operation in the 5eyes countries minus the US as a whole.
As T Boon Pickens told us nearly 20 years ago, water will be the new gasoline. We already see it with all these data center blind objections.
Regarding Promethian, I know it’s a Trojan horse to bring me into their sphere. Which is why I never subscribe. However, until they stop making sense, I will follow along on their anti-imperial messaging
I was startled to see a LaRouche team handing out literature at a booth in front of a post office a few weeks ago. I had the same experience as you at my school back in the day, and remember La Rouche from the 1968 Columbia student occupation, his socialist campaigns for President, his conviction for credit card fraud, and his campaign for nuclear fusion to worm his way into influence in the Reagan administration.
Caveat Emptor.
Gas lines belonged to Carter; not Nixon,
Yes, gas lines were a prominent feature of the Nixon administration, particularly in late 1973 and 1974.
While the OPEC oil embargo in November 1973 triggered a severe supply shock, the resulting shortages were significantly exacerbated by government price controls that Nixon had imposed starting in August 1971.
Milhous played the Keynesian game.
OPEC had a quota system on the UAE for price and quantity. With all the war damage UAE needed to sell more oil and/or sell at a higher price. They left OPEC for the freedom to make their own deals.
Bye Bye Special Relationshippers!
This is very interesting given the power of benchmark pricing, locational price differences, energy content pricing impact, quality impact, delivery month, etc. on and on…
I think I understand your thinking forwards on this and the implications of ever-changing, individualized contracts and potential higher states of flux versus standardizing for stability. I also began to ponder this. Given the current state of things, I’d bet it wouldn’t take long before the Tech Bros and their massive companies became the standard-bearers for energy pricing.
*Even if that would/did happen, still be kinda awesome. A Changing of the Guard -New Guard same as the Old Guard, so to speak.
Eliminate the middle man and create compatition, bold and ingenious.
Ever wonder why there is such a thing as a middle man? A subject to be studied, for sure.
Greed and power.
Some ancient religious leaders said people have to go through them to get to God.
Jesus changed that.
The Vatican changed it back. There is a spiritual and a secular side to the Vatican; apparently they have “forgotten” that you can’t serve both God and Mammon. Unfortunately, they appear to have chosen Mammon. In his secular capacity the Pope, through the Roman Curia and the Vatican Chancery Court, has ultimate control over every corporation on earth. All corporations are legal fiction entities that (supposedly) must operate lawfully (God’s Law) not just legally – a much lower standard. The Pope can liquidate any offending corporation at will. So far, no good.
I called them distributors in the old days, but middlemen was what they were. A subject that has been studied for ages. Some are predators. Some offer real service. They do not control prices. They look for edges, for shortages, for gluts, for quick shipping, for holding excess inventory, for specialty products. They look for ways to add value in someway.
We need to stick to getting governments to not do stupid things. Let the free market take care of the rest. If middle men could be eliminated, some Capitalist out there would have done it.
Man in the middle. Producer – middleman – consumer, some capitalist have done something about it by buying up everything to do with their means of production, is that better for the consumer,I do not know.
But you could see with SI a good chunk of middleman/broker industry blown apart.
The ones that add no value will have problems. I spent a lot of time trying to get away from them. If you try, you lose all that distributors business immediately and they will try to get other distributors to move away too. It is not as easy as it sounds.
As a business owner and investor in the stock market, no, I do not wonder.
Most entrepreneurs need a distribution network that they cannot afford, initially on their own. All you have to do is look at Amazon. They are a middle man that used UPS postal system, etc. as their middleman they have since significantly reduced the reliance on that.
My point is middle men are necessary until they are not. What many people in this discussion are pointing out is that the bankers have created a middleman that has, in many cases, outlasted its usefulness. They have also set up a reach system where they always win.
How have bankers created middle men? It would seem a couple of guys have a good idea and start a middle man business? A bank might loan them money? I cannot name any banks in the middle man business?
A simple 5 second internet search produced this:
Banks act as counterparties for swaps and futures, helping producers and consumers hedge against price volatility. They also provide essential working capital, letters of credit, and secured lending against physical assets like oil storage or metals.
Many banks engage in proprietary trading (trading with their own capital) and market making to capture spreads. While U.S. regulations like the Volcker Rule restrict pure speculation, banks often blend client flow with strategic proprietary positions.
A rivalry exists between financial institutions and physical merchants.
Banks argue their involvement improves market transparency and liquidity, while critics claim they add speculative froth. Recent defaults and frauds have led banks to tighten credit terms, favoring large, established traders over smaller firms.
so much to learn concerning City of London. Is there a book that explains its importance? I get glimpses of influence in American Civil War. Glimpses of someone named Rothschild influencing anti Napoleon forces. How can some bankers in the City of London have so much power?
other weird stuff about the city of Washington DC.
is access to the US Market the hold America has over rest of the world? why don’t other countries just do their own thing?
Prometheanaction.com authors and podcasters give hlpful history, context and what we can do now.
thank you. I will give it a look
If you find any facts about the City of London let us know, merry. If you can explain the how, who and why you will be the first. The politicians set up a straw man so when the tar and feathers come out the politicians can sleep soundly at night while we chase the mystical bogeyman.
yes, i would settle for the “who” –
who exactly comprises the euphemistic “City of London”?
helpful to name individual participants.
unspecified references are downright pecksniffian.
We won’t live long enough to get the Name or Names. It is always just around the corner from you. But while we are looking the politicians rob us “blind”.
i give you a lot of credit for bucking the tide.
takes courage to do something you believe in, even though unpopular.
we might not agree on everything, but we agree completely on the current trajectory,
i.e. the lurch towards, as you put it, “the bogeyman” explanation for all that ails the world.
i encourage your efforts to continue providing an alternate point of view,
logically, fairly, and without personal attacks.
interesting times!
Thanks zoom.
Here’s one that explains the Global Estate Trust and America’s involvement with it: You Know Something Is Wrong When…”An American Affidavit of Probable Cause” (available on Amazon).
The Trust is the largest corporate conglomerate and interlocking trust directorate on earth with four administrative hubs operated as international City-States. This trust operates out of the Vatican, Westminster (the skunk in the woodpile), Washington DC (the muscle, like it or not), and the United Nations.
As a bonus you’ll get the American History and Civics lessons you never got in school, and what you can do about it.
The “Global Estate Trust” is not a real legal entity, financial corporation, or official governing body. Instead, it is a popular conspiracy theory and urban legend. [1]
What the Theory Claims
Proponents of this theory (frequently found in fringe internet communities, sovereign citizen circles, and pseudo-historical commentary) allege that a secret, unified triad of global control exists, composed of:
The theory asserts that these three locations operate as independent, sovereign corporate city-states outside of normal national laws, covertly managing a hidden global estate or trust that dictates world affairs. [1]
First, get the book. You’ll learn a lot. The underpinning for the term Golbal Estate Trust was the Unam Sanctum (1302); trusts as we know them today didn’t exist 700 years ago. Pope Boniface VIII was an ass (as we know the term today) but the principal established, that the Pope was responsible for the religious and physical world, took hold in the minds of the elites of their time. See also the Romanus Pontifex (1455), what we’d call a testamentary trust today, for an idea on how this was all developing; it kind of goes downhill from there.
The term Sovereign Citizen is an oxymoron.
(Inner) City of London aka Westminster? Oh, where to begin? https://www.1215.org/lawnotes/misc/the-empire-of-the-city.pdf
Washington DC is the seat of the federal government, a corporation: DUNS Number 052714196. Look it up. We’ve been under the British thumb for decades – please do read the empire of the city link above for some of the gory details.
I’ll stick with Alice in Wonderland. It is more enjoyable and more accurate.
Didn’t read any of it, did you?
Boniface’s influence was somewhat limited by Philip (IV) the Fair of France, who had his man Nogaret arrest the pope. Money Philip wanted going to the pope was the issue; likewise with Edward I Longshanks of England. Boniface was captive for a week, and died utterly mortified within a month. Subsequent popes were guests of France at Avignon for some decades.
You forgot the most important part of this unified triad.
Which is that they’re all controlled by the European monarchs.
As per Washington DC, this used to be the Capitol of a sovereign nation.
But once McKinley was assassinated (by the British) and Anglophile Teddy Roosevelt (who McKinley never wanted as his VP) ushered in the previously unheard of US/UK “leader of the free wotld” alliance, the way that DC was set up as an independent Federal entity suited the monarchs’ needs perfectly.
The US was the crown jewel of all the British Empire’s colonization projects. They were not about to give up on taking back control of it so easily.
All in
I think the author of the book you listed is kind of crazy:
On an unseasonably warm and clear afternoon in Anchorage, Alaska, in early December, Anna Maria Riezinger, aka Anna von Reitz, a self-proclaimed judge and internet guru in the anti-government extremist sovereign citizen movement, concludes a three-hour interview in a suburban home with a complex series of prescriptions for the visiting Hatewatch reporter.
Indeed, Riezinger has new articles on the internet preaching the illegitimacy of the federal, state and local governments near-daily, iterating their imagined crimes and proscribing complex yet vague steps for Americans to escape the yoke of what she believes is an unconstitutional corporation operating in the guise of your government and its officials.
Riezinger and other gurus of the sovereign citizen movement use a simple hook to recruit new believers to their anti-government crusade: You’ve been screwed by an illegitimate tyrannical government which seeks to deprive you of your god-given rights along with your finances; follow our instructions and you can free yourselves from laws you disagree with and stop paying taxes as well.
When nations own the means of production then those Governments can charge whatever they want.
Our energy business is privatized and I have zero interest in nationalizing it which is collectivist. So I’m cool with Chevron charging whatever they think they can get and all capitalists should too.
no favors for a bitch american located company – unless they favor Americans.
the market can stay free, and the private company can survive any way it can.
lol. So you want private business to compete with a Federal Govt owned enterprise that regulates the private business, taxes the private business and has infinite ability to finance losses ($41 trillion and counting) to put that private business under? Perhaps run by AOC, Schumer and Mandami?
You have never owned a business obviously, Comrade.
i could care less what the hell that meant. the private companies use our blood and dont cater to us, dont deserve our blood.
im talking blood, not labor. screw socialism
If you could care less then why don’t you?
i think we had a misunderstanding
https://www.danharkey.com/posts/war-is-a-racket-smedley-butlers-timeless-warning-about-profiteering-and-power
President Trump met with President Putin on August 15, 2025, and the curious increase in Russian production began on August 18, 2025.
Immediately following the August 2025, Alaska summit between Russian President Vladimir Putin and President Trump, Russia restarted Arctic-2 LNG terminals and began increasing natural gas (LNG) production for storage on ‘floating platforms.’
Russia had no market for this LNG, yet Russia began increasing LNG supply anyway. For six months Vladimir Putin extracted and stored LNG.Six months later, on February 28, 2026, Operation Epic Fury against Iran began.
Within 36 hours Qatar announced they were shutting down all LNG production
A few days after Qatar made their March force majeure shutdown announcement, Treasury Secretary Scott Bessent issued an interim license for Russia to sell oil and gas that was loaded onto “floating platforms and vessels” before March 12 and was valid through midnight Washington time on April 11.
Either Russian President Putin was the luckiest guy in the world, or Russia knew something.
the West Euro bullshit was flanked via talks they were not privy too
It’s called Contingency Planning. A strategy at which both Trump and Bessent excel. Putin was invited as a guest to the game.
this is exactly why trump went to envoy’s no leaks.
As usual, it is greed that made us allow a monopoly of 3rd world savages over global energy prices.
private companies using America to conquer that world. while screwing us at the same time, because they have no borders.
no favors, no military support, nothing.
I am not sure what greed has to do with it. UK does not want to pump much more oil out of the North Sea? Obama said we cannot drill our way out of this? Again and again it is the governments causing the problem. Prosperity is a direct result of cheap energy and the Democrat/Communists want expensive energy.
Re greed : globalism & TCOL….. it’s about control ( dem playbook?🤔)
The “City’s” moat is English common law, the legal system that governs most international contracts worldwide.
That’s the real reason the City survives:
when two strangers in different countries sign a deal, they almost always choose English law to govern it, and the City’s courts to enforce it.
Crypto and AI can move money and translate language, but they can’t make a contract binding — that still takes a court with teeth.
The only English law will apply to English trade. We traded tons and we used US laws. You are wrong
Greed has everything to do with it. First, every government is a corporation, a legal fiction. Second, what they want is absolute control over every aspect of our lives. Third, they are stealing us blind, exchanging our labor (which is the value) for worthless I.O.U.s. And they have the gall to charge us interest on the debt that THEY actually owe to US, and we have to pay it with What? More I.O.U.s.
Every time a fiat debt note changes hands, more credit at the face value of that note is added. Try to guess how much extra credit accrues over the time that note circulates? You see the National Debt. Where are the credits? They are accumulating in trust accounts and derivatives established, without your knowledge or permission, in YOUR NAME and managed “for you”. Not that you have access to them.
Yeah, it’s greed.
It is the cursed United Nations a their Green Propaganda via their committees. The IPCC was set up to ensure global warming was backed by FAKED science.
ICLEI or the International Council for LOCAL ENVIRONMENTAL INITIATIVES is a UN committee that is turning 35 years old this year. This is where anti-oil, anti-nuclear,-anti-coal , anti-natural gas and carbon zero all began. Windnills and Solar are the answer.. Trillions wasted fooling around with garbage that does not work and causes more pollution than any abandoned oil well ever could.
It began there, but it took governments to make it happen. Good leaders would not have accepted the fake science. Government could have and should have stopped it. President Trump did.
Trillions that ended up in certain people’s pockets.
These are collectivist types. Prosperity can not be abided, increasing dependency on the State is the point. People who are largely self supporting independent types have no need for their “solutions” or them for the most part.
The next time Rand Paul talks of “free” trade, one is free to wonder where the hell he’s coming from. A good libertarian would insist that we should follow the money. I just think he has a lot of faith in his chosen religion.
global centralization is not free trade
Especially when the centralization will be centralized in Beijing.
We don’t have actual money.
>Organic geopolitical competition lowers prices
In a different view, this is also why in limited circumstances unions make sense and why immigration controls always make sense. (erased straightforward basic economics stuff TReepers don’t need blatted at them; you get it). That’s protection against the buyer exploiting the supplier of {whatever; oil, labor, smoke-shifters, etc.}
The converse is the suppliers conspiring to control the buyers, which is at least as conniving, and trebly so when the coercion is done for geo-political goals. Not only “Western market price” (and here glowing arrows DO point at London) but OPEC has had everyone over the non-metaphorical barrel, the entirety of Iran/IRGC’s history of threatening the Strait. In a more honest age we would call it extortion.
Oh by the by Z has already pulled an IRGC and claimed he wasn’t informed and doesn’t approve of any energy ceasefire. (various sources circa noon EDT).
Thinking about the middle man a little more and you could see there elimination do to the expansion of SI going forward.
The best way to eliminate the middle man is to grow your business to become large enough to buy directly from the manufacturer. Another feature of capitalism.
That might work for a business, but it won’t work for you as an individual.
It will if the extra layer of distribution is removed. Think about buying your beef direct from the ranch versus the supermarket
Correct John. It is a lot of work though and a middle man makes it easier. Some pay for the service, some go direct. Capitalism at its finest.
i think everyone is missing the forest for the trees.”the EU is buying more energy this year then ever before from russia.congress thru the lindsey graham act have authorized PDJT to deliver up to 500% tariffs against those same eu-nato countries for purchasing russian energy products”EU deal with the little turd or we are hitting you with 500% tariffs!
It’s all theater for the intellectually lazy. That’s why I walked away from TV and social media, which use humanity’s nature as a herd animal to spread propaganda (in the best case) or to ignite mass formation psychoses (see 2020). As much as we hate them, they hate those of us who think for ourselves even more.
We need to work on destroying China.
This is. I’m not of the camp that thinks a bunch of bright minds in Europe all decided that the best way for their personal/family success was to destroy the underpinnings.
I’m of the opinion that those so-called elites were promised something better by the people who would rule over the ruins of Europe.
“‘Down on your belly! How long is it since Saruman bought you? What was the promised price? When all the men were dead, you were to pick your share of the treasure, and take the woman you desire? Too long have you watched her under your eyelids and haunted her steps.” — Gandalf, of Wormtongue
The CCP has begun to do a pretty good job on working on destroying China. Ghost Cities, Real Estate Collapse, Forced Organ Harvesting, Population Collapse, Air and Water Pollution, Manufacturing Collapse, Rampant Corruption that makes our Democrat/Communists look honest, and finally ToFu Dreg construction. And the land you built your CCP house on is still owned by the CCP.
That’s quite the list.
1. Population Collapse. Not any different than most countries on the planet. Young people are not having children. It’s a big trend in the US as well.
Ghost Cities. A result of rampant real estate speculation. That slowly working itself out but it will be a long time in solving.
Real Estate Collapse. Same as above.
Manufacturing Collapse. It’s a shift caused by corporations moving manufacturing to cheaper labor markets like Vietnam for example. Also a shift towards more automation.
Population collapse is much different than what you quote.
CCP became big bully and is dumping product all over the world. They want to be a monopoly. It is more than cheaper labor.
CCP also strangling Rare Earths and proving to not be a reliable source for many products.
When I hear population collapse I think of big numbers. Collapse is misused in this example.
President Trump can work on the product dumping by shifting production back to the US. One thing to consider will be price. He is trying to affect that part with tariffs. It will be a slow road.
its not a very prominent feeling that our culutre values the future regarding families.
that social construct via whatever techniques will make sure the population isnt increasing.
when you start hearing of people bragging about mothers and how valuable they are and respected and its more worth than a first female CEO bullshit… you will see the culture change
lose the need for government assistance, fear of marriage, public schools, damaged adults via chilhood scars
I am not going to do the research for you. Population Collapse is what many are reporting. Do a little digging then you will believe it.
I found this.
https://www.macrotrends.net/global-metrics/countries/chn/china/population
I appreciate your responses on the subject and thank you for a civil discussion.
This matches what I am seeing and hearing directly. The younger generation doesn’t care about getting married. The ones that do are having less children. It’s a worldwide phenomenon.
Thanks for looking and thanks for your thoughtful comments in many threads. China fakes its numbers, all of them. Population wise they had the first child policy for a long time and still grew to 1.4 billion people. At some point in the last year or so a hacker broke into the CCP database of Citizens and it listed 800 million. There are an estimated 100 million CCP members that are stored in a different database. So we are around 900 million? With the Wuhan flu and published births some folks put the population between 500 to 800 million. In a recent podcast the number was 600 to 900 million. Something bad wrong is going on in CCP.
For a quick look Lei’s Real Talk has a good presentation of the numbers and she is on YouTube. She had a podcast several months ago that covers it. I believe it is 800 million tops.
This would be a good time, sundance, for you to repeat your description of the price of Lemons that you did several years ago, where a global food distributor used market power to comer the Lemon Market and make Lemons (local to Florida) cost the same there as in Minnesota.
But if you opt out of the fractional reserve banking system, then the system will collapse! What about the market, you guys? How are the oligarchs going to stockpile more trillions without actually contributing anything to society?
GOLD,!!!
The fractional reserve banking system is a genius feature of a capitalist system. The US oligarchs got their money the old fashioned way……they earned it.
🎶 London scheme is falling down, falling down … 🎶
I bet the “western market price structure” is a lot like “10% for the big guy”, only costlier.
The silk road was a good historical example of this.
So much so it was cheaper for Europeans to travel around the world to bypass all the middlemen taking their cut on every transaction of trade goods.
You’ve got to love him. He is so funny!
Awesome! Sink the globalists. Highlight and help soverign nations! Win, win!
Taking back financial turf from the Empirical Gang-Banksters!
Try to even consider flunkie retread Janet Yellowbelly’s vision and aptitude vs Scott Bessent’s?
This is so so awesome! I was woohooing when I read it. I’ve said it here before and I’ll say it again that Trump is not just turning things around for America but also for the whole world, or at least for those who get on the Trump train. The others will crash and burn but if they are smart they will rise and rebuild using Trumponomics as their guide. This is my hope for Canada.
Why don’t Department of Energy publish weekly updates data on EU purchase of Russian Fossil and battle KIA Ukraine Russian
A complete return to each nation doing business as a sovereign nation would also mean the end of the EU, the European Union Market.
Which would be another good thing.
Called the Art Of The Deal. You fools.
If the Trump administration is endeavoring to destroy the western commodity market/ banking and finance system to lower the price of energy for US companies and citizens, why don’t they outright tell us that? Why is that objective not the narrative of every person on Trump’s team every time they are interviewed?
It’s an amazingly powerful and common sense argument for every step POTUS has taken. I don’t understand why they don’t explain their actions by using it.
The EU / City of London has to know what he’s doing and why he’s doing it. (They wasted zero time helping Ukraine target the diesel refinery). And Trump has to know they know. Why not tell the world why he’s doing it?
President Trump is a very smart guy and very direct. If that was what he was doing, he would be telling us. President Trump is not trying to destroy the banking and finance system. Nor is he trying to destroy the commodity market. He is trying to lower the cost of energy; so everyone can prosper. Energy costs will go down when supply goes up and lower cost energy leads to more economic growth.
He is going to expand Venezuela production substantially. He is trying to expand Russia’s production too. He does want to open up Alaska completely. He is pushing fusion in many different ways. That is what he is doing. That will lower energy costs for the long term.
Dayum, Mr Anderson Sir, you’re on a roll. Simply put; there appears to be hope for a new horizon in the US. Regarding China, the EU, Canada, Ukraine; and other corrupt sh*t hole countries, let them suffer or get new leadership & reverse their idiocracy. Produce energy, thus lowering the price, equaling prosperity.
And in doing so eliminate the greatest obstacle to free enterprise
Meanwhile, today, GLOBALIST CARNEY SPOKE WITH ZELENSKYY
OTTAWA — Prime Minister Mark Carney spoke with Ukrainian President Volodymyr Zelenskyy today about U.S. President Donald Trump’s new diesel fuel supply agreement with Russia.
The Prime Minister’s Office says the two leaders discussed the new agreement for Russia to supply millions of tonnes of diesel fuel to the United States, which Trump announced on Friday.
The PMO says Carney made clear this agreement runs against the efforts of Canada and its allies to end the war in Europe by providing Russia with new revenue.
A readout from the office says the two leaders talked about increasing coordination with allies to help Ukraine with its air defence needs.
https://www.ctvnews.ca/canada/article/carney-says-us-russia-diesel-supply-deal-hurts-ukraine-peace-cause-pmo/
Communism lies.
Thank you Sundance since I joined the last refuge in 2016 my eyes have been open to what is happening in the world thanks to the conservative treehouse. May God bless everybody on this site and may God bless America.
Help me understand how the US can dictate a sales policy to a sovereign nation, regarding what they can and cannot sell?
If I were Russia, with barrels of oil (diesel) to sell, no one could prevent any sales.
We, the U.S., would not “dictate a sales policy to a sovereign nation, regarding what they can and cannot sell,” we, the U.S. would just underprice them; just like China does to us in the world market and the market here at home.
It seems odd Russia is selling oil and gas to the EU/NATO countries when they’re indirectly attacking Russia and don’t show any sign of letting up.
Is it a case of Russia needing money, war is good for the economy or something else is going on?
Here is what the Brave browser A.I. robot produced when I asked, EXPLAIN WESTERN MARKET PRICING. I was surprised. I expected a lot of yipsy-doodle newspeak bla-bla.
I thought price fixing was illegal?
If bankers/Govts do it, somehow its the thing to do?
because they are doing it by the rules. legally. lawfuful murder, lawful theft, etc..
they have a national securiy issue that lets a special op group bomb an area etc…., that event increases speculation, they sell higher, or vise versa do an event and make cost go down via speculation.
Much like a POS Islamist, Zelensky will break his promise again, and again, and again… take him out! The next ‘leader’ will be better, I am certain.
Great information. Now I understand how global energy pricing works. Thank you Sundance.
Reading CTH is like watching the Aurora Borealis because Sundance’s mind is up in lights!
In the years since I began reading CTH, I’ve had a sea change in my understanding of the real paradigms that make the world work, lurking behind the globalist media’s spoon-fed, dumbed-down and usually phony, narratives they want us to believe.
A Sovereign Economic World is Under Construction is just another example of the deep dives into a subject Sundance gives me, for which I am deeply grateful!
There can be no better barometer for the terror and rage the globalist bureaucracy feels at Trump’s diesel deal with Putin than this CNN headline:
“TRUMP’S DIESEL DEAL WITH PUTIN DRIVES A WEDGE THROUGH THE WESTERN ALLIANCE”
Ain’t the beer cold, baby!
The biggest threat posed to Great Briton and the EU by the Trump/Putin relationship is the fact they trust each other.
Yep and I do believe China will be a third partner of sorts in this new paradigm.
I believe it’s possible.
I think Xi’s days in power are numbered.
While SD has been focusing on energy, something else may be afoot in another area where London controls the market price: Gold. There’s been an interesting appointment announced by Treasury:
WASHINGTON— Secretary of the Treasury Scott Bessent announced today a key senior appointment at the U.S. Department of the Treasury. Dr. Judy Shelton will serve as a Counselor in the Office of the Secretary.
Shelton is an economist and author specializing in international financial and currency issues. She previously served as U.S. Director of the European Bank for Reconstruction and Development and as Chairman of the National Endowment for Democracy. She has testified numerous times before Congress as an expert witness on international financial relations and has consulted with national security officials on global economic developments.
At Treasury, Shelton will advise the Secretary on currency policy, with a particular focus on evaluating financial conditions in China.
Prior to joining Treasury, Shelton served as a Senior Fellow at the Independent Institute. She also served as a Senior Research Fellow at the Hoover Institution at Stanford University, where she authored The Coming Soviet Crash and Money Meltdown. She holds a Ph.D. in Business Administration from the University of Utah.
Shelton began her professional career as a National Fellow at the Hoover Institution, where she received a postdoctoral fellowship to study the impact of Western capital on the Soviet economy. Throughout her career, she has specialized in analyzing the internal monetary and financial conditions of nations and their impact on exchange rates.
https://home.treasury.gov/news/press-releases/sb0654/
Possible implications summarized in this video (but not necessarily the case):
Now get rid of “eminent domain” and “property tax”.
The oil industry’s stranglehold on the global economy only benefits its shareholders. The world’s reserve currency only props up the Babylonian beast system. As long as the Federal Reserve can print money and the oil industry controls sovereign resources, nothing will change. One need only ask oneself: to whom does the benefit accrue? Without extending economic opportunity to impoverished areas of the world, nothing has been accomplished. The Western Hemisphere may be largely self-sufficient, but at what cost?
Become an oil industry shareholder and share in the gains. Congress allows the Fed to print money. If Congress would not overspend, the Fed would not have to print money. The problem is Congress.
I believe the US government sells drilling rights on federal land to anyone that is the highest bidder.
The impoverished areas of the world could have the same prosperity we have. All they have to do is either elect people that want prosperity for the people and not the politicians or have a leader that puts the people first. Allow Capitalism to flourish and prosperity will follow.
South Africa was a prosperous country. Now it is suffering.
Argentina was prosperous until the Perons started it down a road of socialism. Venezuela was one of the world’s prosperous countries and Chavez proved that socialism can even destroy immense wealth. Can you imagine the Democrats stole and wasted 2 trillion a year and we still were doing pretty darn good. Can you imagine the theft that Chavez and Maduro created to impoverish Venezuela?