As he outlines the controversial trip by Nancy Pelosi to Taiwan, Tucker Carlson asks many questions that people are thinking. {Direct Rumble Link} WATCH:
We are seeing the cascading impacts of the energy-driven inflation starting to ripple throughout the globe, specifically worsening economies who are dependent on the export of non-essential durable goods. South Korea manufacturing is the latest example.
The first quarter of 2022 started with a drop in U.S. consumer spending on non-essential durable goods like electronics. The net result of contracted consumer spending was a 1.6% negative GDP.
Inventories of goods started to build and by April/May of 2022 the Consumer Price Index (CPI) showed negative inflation in those sectors as discounts to move inventory were offered.
In June major manufacturer Samsung, headquartered in South Korea, announced they had told suppliers to stop sending component manufacturing parts for finished goods. (link)
By the end of July, the second quarter GDP in the U.S. again showed a contraction of 0.9%. Energy inflation was now creating a consumer spending recession, demand for non-essential goods dropped fast over the first half of the year.
Today, South Korea announces July manufacturing output contracted for the first time in two years, matching the prior announcement by Samsung:
In fact, there are several western nations who see the ‘climate change” energy transformation as an economic kamikaze mission… and that reality is upsetting those who control the larger western alliance agenda.
When we outlined the ‘biggest problem‘ we noted: Brazil, Mexico, and more recently Japan, have started pushing back against the climate change ideologues. We must do the same.
So, let’s get everyone up to speed.
Factually, Brazilian President Jair Bolsonaro is not only a nationalist leader for his country, Brazil itself is in an emerging economic relationship within the BRICS group (Brazil, Russia, India, China, South Africa). The BRICS group are not in ideological or geopolitical alignment with the World Economic Forum (WEF) climate change instructions known as Build Back Better. This lack of ideological synergy is one of the reasons we see a joint effort between the U.S. State Dept and U.S. intelligence group to target Jair Bolsonaro for removal. [Watch Bolsonaro w/ Tucker Carlson]
Recently, Mexican President Andres Manuel Lopez-Obrador (AMLO) visited the White House. AMLO is basically soft-socialist, a nationalist who does not like the influence of multinational corporations on the economic politics within Mexico. When he visited with Joe Biden, AMLO’s public comments in the oval office (he actually had them written down so he would not be deterred from his delivery) about the U.S. chasing a short-sighted and dangerous energy policy, were just ignored by media. However, watching AMLO deconstruct the Biden energy policy was very telling. [Review Outline Here].
In addition to so-called geopolitical adversaries like Russia, China and Iran, there are also geopolitical allies who clearly see that fracturing the global economy based on energy development, the center of the Build Back Better agenda, is going to create major issues for the citizens within the countries determined by ideological quest to change their energy system. As noted with Brazil and Mexico, not everyone in the “west” is on board with the program.
During his opening monologue Friday evening, Fox News host Tucker Carlson went into great detail outlining the current evidence of how the SARS-CoV-2 virus originated.
As a direct consequence of the COVID-19’s global impact, a geopolitical reset has taken place. Carlson asks the questions of whether this reset was done purposefully, and why is there no one looking at how the virus originated? WATCH:
Former Prime Minister Shinzo Abe was a bulwark against communist expansion in Asia. Abe was a strong voice defending the independent rights of the people of Taiwan, and his assassination will have major reverberations around the world, specifically throughout southeast Asia.
No doubt Beijing is celebrating the assassination today, even while they retain their dragon grins behind the panda mask. Losing Shinzo Abe is a very big deal in Japan akin to the United States losing JFK decades ago.
Earlier today, delivering remarks on new state healthcare initiatives during a visit to Cape Coral [full presser here], Florida Governor Ron DeSantis delivered remarks on the killing of former Prime Minister Shinzo Abe. WATCH:
https://youtu.be/UtZkPMml4po
This is not some grand conspiracy, ‘out there‘ deep geopolitical possibility, or foreboding likelihood as an outcome of short-sighted western emotion. No, this is just a predictable outcome from western created events that pushed specific countries to a natural conclusion based on their best interests.
You can debate the motives of the western leaders who structured the sanctions against Russia, and whether they knew the outcome would happen as a consequence of their effort, but the outcome was never really in doubt. Personally, I believe this outcome is what the west intended. The people inside the World Economic Forum are not stupid – ideological, yes, but not stupid. They knew this global cleaving would happen.
In April the finance ministers of the BRICS alliance (Brazil, Russia, India, China and South Africa) decided to create their own financial mechanisms to continue trade between nations of similar disposition despite Western/NATO sanctions {LINK}. Earlier this month Fed Chairman Jerome Powell stated, “rapid changes are taking place in the global monetary system that may affect the international role of the dollar.” {LINK} Additionally, as the proverbial ‘west’ follows the corporate instructions from the World Economic Forum, Powell expanded his points to note the creation of a central bank digital currency (CBDC) is also being reviewed. {LINK}
Following a recent meeting of the BRICS group, Iran (86 million people) and Argentina (46 million people) are now applying to join BRICS, possibly creating BRICS+
(Reuters) – Iran has submitted an application to become a member in the group of emerging economies known as the BRICS, an Iranian official said on Monday.
Iran’s membership in the BRICS group, which includes Brazil, Russia, India, China and South Africa, “would result in added values for both sides,” Iran’s Foreign Ministry spokesperson said.
The conflict of interest is simply off-the-proverbial charts here. Tom Donilon is a deep DC swamp operator and has been for his entire career. Donilon is connected to every tentacle of the Obama and Biden administrations. Donilon is also the Chairman of the BlackRock Investment Institute.
We have written about the conflicts {Go Deep Here} and {Go Deep Here}, but this move by Secretary of State Anthony Blinken is stunningly fraught with serious conflicts of interest.
Tom Donilon’s literal job description at Blackrock is to “leverage the firm’s expertise and generate proprietary research to provide insights on the global economy, markets, geopolitics and long-term asset allocation,” and the State Dept has just appointed him as Co-Chair of the U.S. foreign policy advisory board.
Specifically, the Biden administration has just put Blackrock Investment Institute Chairman Tom Donilon in charge of U.S-China policy.
How in the proverbial hell can this be permitted? That’s way beyond a rhetorical question. The Dept of State has selected a team of Wall Street control agents to guide global U.S. policy.
(STATE DEPT) – Today, Secretary Blinken announced his selections for the U.S. Department of State’s Foreign Affairs Policy Board.
Since its establishment in 2011, the Board has provided independent advice on the conduct of U.S. foreign policy and diplomacy, consistent with each Secretary of State and administration’s evolving priorities for it.
Within the same 30-day cycle Joe Biden asked Venezuela to produce and deliver more oil in order to help him politically. The Venezuelan government, having been the subject of an attempted coup and sanctions driven by the DC interventionist mindset, refused to assist. Joe Biden then refused to invite Venezuela to his Latin-America summit scheduled for this week.
Latin-America leaders are not stupid. It doesn’t matter whether the self-interested bully comes from the east or the west, they are not blind to the parasitic self-interest contained within the blackmail of any larger nations on the geopolitical stage; especially as the cleaving of the west and east is taking place with increased ferocity.
Today Mexican President Andres Manuel Lopez-Obrador announced he will not attend Joe Biden’s Latin-America summit.
AMLO joins the leaders of Bolivia, Guatemala, Honduras and the tiny Caribbean state of St. Vincent in refusing to attend the summit because Cuba, Venezuela and Nicaragua were blocked from attending by the Biden administration.
(Via Wall Street Journal) – […] After weeks of wrangling over the issue amid threats of country boycotts, the administration excluded the three autocracies due to U.S. concerns over human rights and lack of democratic institutions in those countries, the officials said. The regional summit, scheduled for June 6-10 in Los Angeles, is expected to focus on migration and economic issues.
“I’m not going because not all the countries of America are invited,” said Mexican President Andrés Manuel López Obrador Monday at his daily press conference. The Mexican leader said he had a good relationship with Mr. Biden and that he planned to visit the White House in July.
The last question from the assembled press pool in Tokyo, Japan, brought about the most serious foreign policy response from the installed occupant of the White House. Joe Biden said he is willing to use military force against China if Beijing decides to take over Taiwan.
[Transcript] – Q Very quickly: You didn’t want to get involved in the Ukraine conflict militarily for obvious reasons. Are you willing to get involved militarily to defend Taiwan, if it comes to that?
PRESIDENT BIDEN: Yes.
Q You are?
PRESIDENT BIDEN: That’s the commitment we made. That’s the commitment we made. We are not — Look, here’s the situation: We agree with the One China policy; we’ve signed on to it and all the attendant agreements made from there. But the idea that — that it can be taken by force — just taken by force — is just not a — is just not appropriate. It will dislocate the entire region and be another action similar to what happened in — in Ukraine. And so, it’s a burden that is even stronger.
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We often talk about the disconnect between Wall Street (globalists) and Main Street (nationalists), and their influence in economic policy. Today, Jason Furman, a former Chair of the White House Council of Economic Advisors, appears on CBS News to discuss his Harvard-Kennedy School impression of the U.S. economy.
There’s a particular point in the interview [Transcript Here] that encapsulates the moonbat perspective of the globalists. Listen at 01:20 and you will hear this:
FURMAN: “Look, we’ve seen a remarkable thing. Consumers, if you survey them, are very pessimistic and negative about the economy. When they vote with their wallets, we saw- we got the consumer spending data for April and it was way up. Consumer spending on just about everything has been booming. Over the next 6 to 12 months, I’m not super worried about a recession. After that is where I start to get worried because that’s where the Fed’s policy will start having more of an effect.”
Put another way: Our policies have made prices skyrocket (inflation). Consumers are forced to spend more money to sustain themselves (food, housing, fuel, energy); ergo consumer spending is booming. Brilliant, our plan to increase consumer spending by raising their prices is working. That’s the way these people think. WATCH:
We force you to pay more, then turn around and claim economic victory because you are paying more…. “consumer spending is booming.”
By the way, he’s at the World Economic Forum where this perspective is actually cheered inside the echo-chamber.