In May the inflation rate in the U.S. increased to 8.6%, a few weeks later the European Union measured their May inflation rate to match at an exact 8.6% {link}.  In June the U.S. inflation rate increased again to 9.1%, and now we see the U.K. reporting their June inflation rate today at 9.4%.

While the individual amounts of government COVID-19 spending amid the U.S, U.K. and Europe were different, the percentage of that spending in relationship to the size of their economy was very similar.  As a result, the global inflation rates contain strong parallels.

None of these parallels are 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.

Joe Biden is blocking domestic energy production as he follows through with the agenda of the Green New Deal.  In Europe, not coincidentally demanded by Biden, a similar outcome comes from the sanctions and blocking of Russian energy resources.

One could make a reasonable argument that the team behind Joe Biden specifically wanted the EU sanctions against Russia, because the U.S. crew wanted to keep both industrial economies mirroring each other as the U.S. energy system was dismantled.  It would make sense to avoid a spotlight on the U.S. economic collapse, by forcibly pushing the EU economy into the same situation.

Taking that line of geopolitical and economic consequence one step further, and that would be part of the strategy -albeit undiscussed- behind having a consistent global cap on the price that any nation could pay for Russian oil.  That approach is not about punishing Russia, it is to make all of the economic pain and problems equal amid all western nations.  Globalists, and the central bankers, are good at creating economic systems to deliver equitable misery.

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Moments ago, while delivering a speech at a former coal-fired power plant in Somerset, Massachusetts, Joe Biden stated he has cancer.  I’m not sure if that is what he meant to say, but here is the video and transcript:

…”My mother drove us, and rather than us be able to walk, and guess what? The first frost, you know what was happening, you had to put on your windshield wipers to get literally the oil slick off the window. That’s why I, and so damned many other people I grew up with, have cancer; and why can’t for the longest time, Delaware had the highest cancer rate in the nation.”…

WATCH:

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The irony is, this is the same person and political part that support the “transition” of young people, to include the removal of their genitals, without parental notification or any enhanced psychological stability checks.   [TWEET Link]

Background checks before 17, 18-year-old firearm purchases, but fast-track for gender reassignment.

Strange priorities.

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The goal of gaining public acceptance for eating insects instead of meat is now part of the Public Broadcasting Service (PBS) effort.  The larger climate change objective is to “transition” the global food supply away from cows, pigs and chickens, and toward a more sustainable lifestyle of eating insects and bugs.   Farmers in North American and Europe are facing massive regulatory changes as part of the Build Back Better or Green New Deal initiatives.

In the U.S. Joe Biden has pledged his entire administration effort toward the goal of reducing U.S. carbon emissions and protecting the planet.  Part of that initiative includes the need to change the diet of Americans away from traditional farm proteins, and toward sustainable alternatives via bugs and/or insects like cockroaches, crickets and grasshoppers.

A comprehensive marketing, branding and image campaign is underway to change the public perception toward an acceptance of sustainable algae and bugs as food sources.  Public Broadcasting (PBS) is part of that imitative:

(SOURCE)

Several U.S. food manufacturers now include insects and bugs as part of their ingredient list.  It would be worthwhile checking the labels on the latest snack foods to identify the percentages of worms and bugs that may be included in your favorite salted snack.

Additionally, a significant investment has taken place in Canada where they are now generating 9,000 metric tons of crickets to replace traditional protein sources (link).  The public/private partnership in London, Ontario, is now shipping crickets for use by North American food manufacturers.  There has been minimal public pushback against the effort and the government appears to be fast-tracking insects as food alternatives for global shortages of grain and meats.

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Kentucky republican House member Thomas Massie had some interesting statistics in hand when questioning Transportation Secretary Pete Buttigieg about the administration goal to make electric vehicles 50% of all cars, vans and trucks sold by 2030.

Essentially, it is a cart and horse scenario.  An electric vehicle requires five times as much energy production as the standard home air conditioning cost.  The U.S. electricity grid cannot support an increase in household energy use that is equivalent of adding five times as many houses using air conditioning.  Math is math.  WATCH:

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Comrades, the likely federal government solution is simple.  Comrade citizens can have one electric car (mandated by regulatory compliance), or they can have their home air conditioned, but they cannot have both.  [Assuming social credit scores are high enough]

See how easy that is?

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CTH cannot overestimate what is more likely than not, as the Biden administration is now reportedly going to declare a national climate emergency in order to take their Green New Deal policy to the next level via executive fiat.  [The Hill Story Here]

Any possibility of the Biden administration creating an even deeper economic collapse under the auspices of climate change regulation, has essentially been stalled by congressional opposition to further Green New Deal (Build Back Better) spending and regulatory legislation.

Some, albeit not enough, congressional representatives, can see what lies at the end of this fundamental energy change, a significant collapse of the United States economy.  However, the committed ideologues behind Joe Biden are not going to let the legislative branch interfere in their climate change agenda.

What we are about to see is most reasonably predictable against the backdrop of how Biden’s administration exploited the “national COVID emergency,” that backstopped and justified their eventual use of OSHA to mandate vaccinations, and regulatory control over the private sector, under the guise of a pandemic emergency.  We predicted that administration approach in December of 2020, and that is exactly what they did {GO DEEP}.

When CTH shared that OSHA would be the institutional regulatory vector for forced vaccinations, many said we were conspiracy theorists.  Ten months later that is exactly what the people behind Joe Biden did (link). Now we can expect that same health emergency approach (massive regulations) to repeat with the declaration of a national climate emergency.

Pause and think about the ramifications to all domestic economic and business interests if the federal government starts using all agencies to regulate a new climate emergency policy.  Think about the regulations, the scale of potential regulations, from the dept of transportation, the dept of labor (including OSHA), the dept of the interior, the dept of energy, the dept of housing and urban development, the dept of education, the dept of health and human services, and many more.

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During the White House press briefing today, the administration sent Jared Bernstein to the podium to discuss a recent drop in gasoline prices.  Bernstein was claiming that Joe Biden had lowered gasoline prices when journalist James Rosen asked a question. {Direct Rumble Link}

James Rosen asked Bernstein why it was “Putin’s price hikes” when the gasoline prices are increasing, but not “Putin’s price plunge” when gasoline prices are decreasing.  Bernstein attempted to clarify his position and ended up looking silly.  WATCH:

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As expected, the latest National Association of Home Builders survey [Data Here] shows the July confidence opinion of industry professionals now reflects the largest single month drop in the history of the survey (removing pandemic impact).

On a macro level, home values peaked in April/May and have been dropping ever since.  Mortage rates have increased borrowing costs and inflation is squeezing home buyers out of their savings and/or down payment.  Home sales have stalled in multiple regions and the prices of existing homes for sale are dropping, quickly.  Many home building contracts are being cancelled and builders are now dropping prices in order to retain prior sales.

(Via Forbes) – […]  Builder confidence in the market for new homes posted its seventh consecutive monthly decline in July, falling 12 points to 55 for its second-biggest single-month drop in history, according to the NAHB/Wells Fargo Housing Market Index released Monday.

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If I had to hazard a guess about what this was, I’d say it is most likely: (a) part of the massive Ukrainian stores of mortars and landmines in eastern Ukraine that were moved in order to keep the Russians from capturing them; or (b) the actual arms that were captured by Russian and then sold on the world arms market.   Either way, somehow, they end up as part of an arms deal from Serbia to Bangladesh.

With the new and improved western weapons provided by the United States, Ukraine is likely upgrading and selling their old weapons to various nefarious arms dealers.

This shipment happened to crash, and that’s the only reason we are hearing about it.

(Via Daily Mail) –  Soldiers in hazmat suits searched for signs of nuclear and chemical substances at the crash site of a Ukrainian cargo plane transporting nearly a dozen tons of mortar shells and land mines.

The Antonov An-12 light aircraft, which was transporting the weapons from Serbia to Bangladesh, had eight Ukrainian crew members onboard. They were all killed. 

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