As workers and middle class Americans continue to be squeezed by Joe Biden inflation, the inability of wages to cover housing costs continues to create a burden in the housing market.

Investment groups are purchasing hard asset real estate, which continues to keep upward pressure on home values. However, ordinary Americans are no longer able to afford upgrade or starter home purchases.

Potential homeowners are forced to continue renting as prices for everything including food, gasoline and energy costs skyrocket.   Scraping by is JoeBamanomics in action.

(CNBC) – In a grim sign for the housing market’s busiest season, pending home sales, which measure signed contracts on existing homes, fell 4.1% in February compared with January, according to the National Association of Realtors.

Sales were down 5.4% compared with February 2021. Analysts were expecting a slight gain. This is the fourth straight month of declines in pending sales, which are an indicator of future closings, one to two months out.

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The World Government Summit 2022 took place on March 29 and 30 in Dubai, hosting more than 4,000 individuals from 190 countries including senior government officials, heads of international organizations, and global “experts.”   The invited participants presented ideas and worldviews from within their various fields of specialty.

One presentation that needs to be highlighted was from Dr. Pippa Malmgren, an American economist who served as special advisor on Economic Policy to President George W. Bush.

Her father, Harald Malmgren, served as a senior aide to US Presidents John F. Kennedy, Lyndon B. Johnson, Richard Nixon, and Gerald Ford.   In this segment, Mrs. Malmgren says the quiet part out loud.  Yes, they are no longer hiding the construct; indeed, as you will hear they are saying quite openly what the future will look like.  WATCH (2 minutes):

[Full Source – 6 hours (internal segment at 18:30)]

Transcript – Dr. Malmgren: “What underpins a world order is always the financial system. I was very privileged. My father was an adviser to Nixon when they came off the gold standard in 71. And so, I was brought up with a kind of inside view of how very important the financial structure is to absolutely everything else.

And what we’re seeing in the world today, I think, is we are on the brink of a dramatic change where we are about to, and I’ll say this boldly, we’re about to abandon the traditional system of money and accounting and introduce a new one. And the new one. The new accounting is what we call blockchain.

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People criticize CTH saying ‘stop revealing the evidence of problems and start talking about the solutions‘.  What critics do not realize is we are not trying to win a battle, we are trying to win a war.  Every person who accepts the reality of the problem, becomes the solution.  CTH will not stop revealing, digging, researching and revealing the truth as it can be found.   Again, I am not Paul Revere.  I am the guy who hangs the lantern.  YOU are Paul Revere.

An Australian Senator from South Australia named Alex Antic {Facebook Link} delivered a speech in Parliament that deserves widespread attention.  This is three minutes of unrelenting truth bombs. Each sentence represents a detonation in the heart of globalism.  WATCH:

People want an elevator speech they can share and explain.  Alex Antic just gave you one. [Facebook Link]

Alex Antic did not kill himself.

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Russian President Vladimir Putin and German Chancellor Olaf Scholz will hold further discussions on the purchase of Russian energy products in rubles according to TASS (Russian News) and western media.  However, in the interim Russia will continue accepting payment in euros which will be exchanged for rubles by Gazprom bank.

(left) German Chancellor Olaf Scholz – (right) Russian President Vladimir Putin

The situation is ongoing, as an outcome of the G7 energy minister’s prior emergency meeting on Monday, where they demanded Russia continue accepting both euros and dollars for the payment of Russian gas and oil purchases.  The current short-term resolution to continue accepting euros and dollars may not last long, as Russia is continuing to emphasize their demand that purchasing nations switch to rubles for future contracts.

Despite NATO, the G7 nations and western alliance agreeing to use economic and financial sanctions to block Russia from receiving dollars and euros.  Inside the alliance, there appears to be a fear that if Russia is successful in creating a financial trade system based on rubles, the G7 may lose influence on energy policy via climate change.

Inside the western alliance, the geopolitical control mechanisms that use energy sector development are under stress.  If global oil and gas is not exchanged in euros (European centric) or petrodollars (globally), the ability of the multinational agents to pressure climate change demands will be weakened.

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And there it is….. Ukrainian President Volodymyr Zelenskyy delivered a public broadcast urging the allied western nations to quickly adopt “green energy” policies which he says will undermine the influence of Russia in Europe.  If you’ve been following events, this demand is yet another big puzzle piece coming together.  {Go Deep 1, Go Deep 2, and Go Deep 3)

The Recount has the video HERE. I cannot locate the shareable video on any other tech platform, which, given the importance, is not surprising. I doubt any govt in the western world wants to have the dots connected.

In the video Zelenskyy urges the NATO alliance, specifically western Europe, to quickly adopt the Build Back Better climate change agenda as it helps his country.  He advocates for “green energy” as a top priority so that alliance members are not reliant on Russian energy sales.

If it seems a little odd that a president, in the middle of a war zone, would be advocating for the climate change agenda, you are not seeing the big picture.  Ukraine is a crisis that cannot be wasted.  The Green New Deal, Build Back Better, and western nation climate change agenda is far more important than a single proxy war nation.  Ukraine is a tool in the bigger agenda, nothing more.

Volodymyr Zelenskyy is controlled by the western alliance, NATO, Dept of State, CIA and western allied intelligence.  This is part of the reason why Russia took action in the first place.  Zelenskyy has a role to play and pushing the Build Back Better (WEF) agenda, while the opportunity exists, is all part of the organized global cleaving.

Two fractured geopolitical groups globally.

The green energy group (economic globalists), and the fossil fuel group (economic nationalists).

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Something odd is happening in the background of the G7 energy ministers’ announcement earlier today.

Remember that moment {HERE} when Canada’s Deputy Prime Minister Chrystia Freeland seemed really uncomfortable and weird at the presser – just 36 hours before the Trudeau administration announced they were going to drop the Emergency Act banking sanctions against the truckers? {Go Deep}

Here is an encapsulation of what’s weird, and you don’t have to be an expert in geopolitics and international trade to see it:

The G7 countries (including the U.S.) announced today they were demanding that Russia accept payment for oil and gas in euros and dollars.  This is happening at the same time NATO is demanding (via sanctions) that Russia be blocked from accepting payments in euros and dollars.

Something is weird.  Keep in mind, the same nations in the G7 are the same nations in NATO with the exception of Japan (G7 only).

The only way this conflict could make any sense, is if the G7 energy ministers realize that forcing Russia to trade in non-euros and non-dollars will structurally undermine the G7 unilateral hold of global finance and energy policy.   In essence, the G7 see the non-sanction countries, particularly India and China, lining up to replace the petro-dollar, and that not only weakens their position financially, but it also weakens their climate change position.

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There are often questions raised about whether the crises created by the Biden White House policy are incompetence or intentional.  For the group that believes ‘incompetence‘ is behind the chaos, well, they gained a significant data point today.

During a White House press briefing a reporter asks, “My question is about how the White House plans to prepare for food shortages, particularly as it comes to wheat …. should U.S. farmers grow more wheat this year instead of corn and soybeans given the possible food shortages?”

The Chair of the Council of Economic Advisers, Cecilia Rouse, answered” …”farmers respond to price signals. So, with the price of food rising, they will be responding by making additional plantings and trying to take advantage of the increased price signal.  So, the market will work as the market will work.”  Please WATCH 16:32 Prompted

The reporter and the Chair of the CEA seemingly have no idea how long it takes to farm or grow a crop.  As if switching from corn to wheat was just a Monday decision.  Good grief, June/July harvests for winter wheat this year were planted in October of last year.

Changing a crop in the spring for harvest in the summer is not akin to changing your regular order of beverages at Starbucks.

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Behind the headline is a qualifier that most will miss. “We will urge the companies affected not to follow Putin’s demand.”  The problem for the G7 political leaders is that most of the transactions are between private companies.  The heads of the U.S, France, Germany, Italy, Japan, Canada and the U.K, can stake a position, but the ultimate decision around the transaction in the hands of the private company buyers.

Russia can set the terms.  Whether the G7 political leaders shout ‘breach of contract‘ is seemingly a moot point.  In the big picture, the politicians have already breached the terms of prior trade agreements with sanctions.  Russia can turn off the supply or demand payment in rubles as terms of sale.

BERLIN (AP) — The Group of Seven major economies agreed Monday to reject Moscow’s demand to pay for Russian natural gas exports in rubles.

German energy minister Robert Habeck told reporters that “all G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing contracts” for natural gas, which is used to heat homes, generate electricity and power industry.

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Even NBC’s Chuck Todd was forced to admit Joe Biden’s polled domestic support keeps getting worse.  His approval rating is now the worst in their polling.

The Poll Data is AVAILABLE HERE.  Somehow NBC found enough people to show 33 percent of Americans approve of the president’s handling of the economy, compared with 60 percent who disapprove.  “Overall, NBC News puts Biden’s approval at 40 percent, which is a record-low for that network’s survey, compared with 55 percent disapproval.” (article link).

[Poll Data Here]

The White House was hoping that all the planning that went into yesterday’s grand speech in Poland would help reset the Biden problem.  Those hopes collapsed when the muttering nutter rambled through 20 minutes of incoherent jibberish only to encapsulate the speech with the call for Russian regime change at the end, “for God’s sake, this man cannot remain in power.”

Also, don’t believe the nonsense about those being ‘off-the-cuff‘, or ‘ad-libbed ‘ remarks either.  They were written into the teleprompter, and he read them (go look). White House Chief of Staff Ron Klain is trying to cover up his own ineptitude by claiming his boss ad-libbed those statements.  He didn’t.

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An enterprising journalist from Bolivia [Twitter Link] mapped the countries that support the sanctions against Russia (yellow) versus the countries that are not participating in the western sanctions against Russia (grey).  The image provides a visual reference to consider our previous discussions about the cleaving of the global economy between two overarching ideologies.

[Source Credit]

In my estimation this intentional global cleaving, using the opportunity created by the Ukraine crisis, is going to be the major story of this year.  This global splitting can be looked at in multiple ways, but the overarching story is the ramifications of two global trade relationships.

The western alliance (in the yellow above), has forced the world to reevaluate the dollar as the global trade currency, by denying Russia and their trade partners the ability to use the financial mechanisms under western control. To work around the sanctions, Russia is working on new financial systems to sell oil and farm products in non-dollar currencies.  There is also a possibility the petro-dollar, for the global trade of oil, might be dropped.

Russia is part of OPEC.  While many countries develop their own resources, OPEC sells the majority of oil the rest of the world consumes as the basis for their economic engine.  One way to look at the global cleaving is to look at the way energy is viewed.

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