This is a topic we have covered extensively, and it is great to see Tucker Carlson questioning the sudden alignment of various elements that are creating a very real food insecurity problem.

The #1 factor in the shortage of food production is the newly emboldened ‘western energy policy‘ and the impact energy has on everything from field (fertilizer) to fork (distribution).  Other factors include government policy that blocks food development (Dutch, Irish and Sri Lanka Farmers), a sudden uptick in food facilities having major fires and damage, and a series of issues with the feed that goes into the production of proteins.

This is all happening as the advancement of insects as a more “sustainable” protein replacement is being advanced by the same western governments.  However, if you happen to notice that all of the issues travel in the same direction, you are a conspiracy theorist, or something.  WATCH:

We have been watching the predictable outcomes surrounding the western government shift to change energy policy for almost two years.  Approximately a year ago we first said, “the absence of food will change things.”

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There is a pending energy issue looming just beyond the horizon that is going to become a major issue very soon.   Electricity rates, natural gas costs and home heating oil prices increased massively due to Joe Biden energy policy.  However, things are likely to get much worse in a few months.

On the issue of oil and gasoline prices, the U.S. Strategic Petroleum Reserve (SPR) has dropped 40% since Joe Biden began using it to offset massive global prices increases in oil.  However, Biden is doing nothing to increase production and has not engaged energy producers in conversation to expand domestic production. Non pretending warning HERE.

Ultimately what this means is another wave of sicky price increases for gasoline are coming fast.

Additionally, Mark Wolfe, director of the National Energy Assistance Directors Association (NEADA), is warning that continued pressure on natural gas supplies by exporting U.S. production to Europe is going to make our electricity rates go even higher as more than 40% of U.S. electricity generated comes from the use of natural gas.  Wolfe wrote a letter in October to Energy Secretary Granholm [SEE HERE], and the situation is unfolding exactly as he warned.

Electricity rates have jumped massively in the past year, and it looks like they are going to continue to rise.  The spring and summer of 2023 looks to deliver another round of higher oil prices, higher natural gas prices, higher electricity prices and higher gasoline prices.   Which brings me to the question…

It is challenging to find solid data (without noise) on regional electricity, home heating and natural gas prices. However, Treehouse readers consistently provide the most accurate assessments of reality on the ground.  You guys are the experts in checkbook economics. So, I ask you the question:

How much have your electricity, natural gas and/or home heating costs increased in the past year?

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For his weekly monologue, Neil Oliver outlines the insufferable fools that are constructing the path to Agenda 2030 and the World Economic Forum dictates that form the baseline to “save the planet” from climate change.

As you listen or read the word picture that Oliver paints, you might remember the CTH article from over a decade ago about what the “fundamental change” Barack Obama was outlining, really meant.  Well, here we are, a decade closer to the utopian goal – and the picture is now close enough for all to see.  WATCH: 

[Transcript] – Nothing less than our way of life is under threat now. A population distracted by propaganda about one existential threat after another – pandemics, nuclear war, climate crisis – is being herded into an unrecognizable future.

What was done in the name of Covid was grotesque – a violation of the rights of billions of people. Having seen what they can get away with, our so-called leaders have moved on, broadening their scope, as greedy for more as kids left unsupervised in a sweetie shop.

What is happening now, all around us, is the relentless erosion not just of our rights and liberties, but of our lives. It is so blatant – what’s happening – it’s hard to see it for what it is, which is bare-faced daylight robbery.

After Covid, the C-word that’s supposed to be on everyone’s lips … drummed into us night and day by the same complicit media that drives everything else … is climate – Climate crisis, in fact. Two c-words for the price of one.

From all sides, we are bombarded with predictions of the end of the world. Predictions, remember? Computer modelling … the crystal-ball-gazing of the scientific world.

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President Trump transmitted a message to congress, warning them not to cut Social Security and Medicare {Direct Rumble Link}.  Many politicians and pundits will look at Trump’s position from the perspective of it being good to campaign for older voters, but that’s not the core of his reasoning.

In 2016 CTH was the first place to evaluate the totality of President Trump’s economic policies; specifically, as those policies related to the entitlement programs around Social Security and Medicare.  We outlined the approach Trump was putting forth and the way he was approaching the issue.   In the years that followed, he was right.  He was creating a U.S. economy that could sustain all of the elements the traditional political class were calling “unsustainable.”

Before getting to the details, here’s his video message and policy as delivered yesterday. WATCH:

Fortunately, we do not have to guess if President Trump is correct. We have his actual economic policy results to look at and see how the expansion of the economy was creating the type of growth that would sustain Social Security and Medicare.  This was/is MAGAnomics at work.

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The European Union is hopping mad that Joe Biden was able to pass the “Green New Deal” (aka Inflation Reduction Act) and generate hundreds of billions in government subsidies for climate friendly initiatives.   Essentially, this is an economic war over who can do socialism better.

Fearing the EU may lose their green position, the European Union is now promising to fight back by spending even more, bigger, sums of taxpayer funds to subsidize their green ‘climate change’ energy economy.

If Biden plans to transfer hundreds of billions to corporations as structural enhancements for permanent energy changes, the EU will meet or beat that subsidy scheme. So sayeth, EU Commission President Ursula von der Leyen.

(Via Reuters) – The European Union responded on Tuesday to U.S. moves to boost its energy transition with its own plans to make life easier for green industry, saying it would mobilize state aid and a sovereignty fund to keep firms from moving to the United States.

European Commission head Ursula von der Leyen told the World Economic Forum (WEF) annual meeting in Davos that the moves would be part of the EU’s Green Deal industrial plan to make Europe a centre for clean technology and innovation.

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Given the fulsome context of the latest ideological alignment coming from the North American Summit, I am entirely certain the ordinary people in the U.S. and Canada do not have any idea just how badly things are likely to deteriorate in the near future.  However, for the ordinary people of Mexico, already living in a situation of day-to-day survival, they will not likely note any difference.

White House occupant Joe Biden, Mexican President Lopez-Obrador and Canadian Prime Minister Justin Trudeau delivered remarks yesterday at the conclusion of their trilateral discussions. You can watch the entire speech set HERE with the full transcript below.  What follows is a painful, albeit brutally honest, assessment of the remarks and the predictable future they contain.

AMLO is a soft socialist but has previously indicated his tendency toward economic nationalism.  Trudeau is a modern leftist and a true globalist at heart.   Biden is a puppet for the modern American political left and economically concerned only for his personal crime syndicate financial situation.  Behind Biden’s politics is a blend of Obama domestic ideology and a willingness to align with interventionist foreign policy that benefits his personal financial interests.

♦ IMMIGRATION – On the issue of mass illegal immigration, Trudeau can wax philosophically about the virtues of multiculturalism and diversity because the United States provides a 2,500-mile migration filtration and border protection zone.  For the United States, Joe Biden speaks about the endless ability of America to absorb millions of migrants in the sake of humanity. Biden’s position has little to do with the economic damage created by mass migration because he and his leftist allies are disconnected from the chaos, protected by walls and personal security.

On the issue of illegal migration, it is AMLO’s position that carries the most consequence because Mexico is the funnel control mechanism.  It is clear in his remarks that AMLO is a socialist on the issue of unlimited migration, and he has no compulsion to stop the flow of human trafficking from south and central America into the United States.

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The timing here is genuinely ridiculous.  It’s as if the federal government, specifically the U.S. Consumer Product Safety Commission, led by… Richard Trumka Jr (yes, that guy’s son)… doesn’t think or care that we can see the real issue is to change energy uses.

Now that Russia has been isolated from natural gas sales, the European Union needs the supply of all other natural gas markets in order to keep itself from freezing to death.  Simultaneously, natural gas as an energy resource is now bad, terrible like oil and coal, amid the climate change cult.

So, they need to change the narrative and stop people from using natural gas appliances.

Suddenly, after generations of natural gas appliances existing in almost half of the kitchens, suddenly the appliances are toxic, dangerous and likely to require a ban against use.

(Bloomberg) – A federal agency says a ban on gas stoves is on the table amid rising concern about harmful indoor air pollutants emitted by the appliances.

The US Consumer Product Safety Commission plans to take action to address the pollution, which can cause health and respiratory problems. “This is a hidden hazard,” Richard Trumka Jr., an agency commissioner, said in an interview. “Any option is on the table. Products that can’t be made safe can be banned.”

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The Bureau of Labor and Statistics (BLS) released the December jobs report today [DATA HERE] showing 223,000 jobs gained in December ’22.

Most of the job growth was in the “leisure and hospitality” sector (+67,000), healthcare (+55,000), construction (+28,000) and social assistance (+20,000).  Additionally, average hourly earnings rose by 0.3%, with a year-over-year measure of wage growth at 4.6%.

At this point in the history of our economic pretending game, we are well aware the employment numbers are heavily manipulated in order to support the government policymaking that is destroying the same workforce they claim to represent.   It’s all a ruse, just look around your community and you will see what I am talking about.

The financial pundits, Wall Street, government policy makers and various individuals and economic gaslighters are concerned that worker wage growth could drive inflation.  This is one of the most aggravating aspects to reviewing the majority of economic punditry. [Example:]

This knuckleheaded narrative engineer from the New York Times/Atlantic even has the audacity to say, “let prices continue to fall to target,” as if there is a single item at any price that is dropping.  His spin is a good example of gaslighting just from the use of the statement “price inflation is falling back towards where we want it.”

Price inflation is not price.  ‘Price inflation’ is the rate of increase.  There’s a BIG DIFFERENCE between “inflation falling back” and prices dropping. Inflation falling back is merely a lessening of the rate of price increase.  The price does not drop, and never will.

This reality is why it is infuriating to see government policymakers and pundits decry wage growth as a bad thing that might cause inflation.

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That slow grinding creak you hear in the background; that’s the U.S. economic engine running without oil and beginning that slowdown phase just before it stutters and stalls completely.  Alas, the pretending continues…

As noted by the Wall Street Journal, an economic gaslighting institution with a central mission to maintain pretenses, “business surveys show U.S. factory activity declined in December, the Institute for Supply Management and S&P Global both said this week. Separately, S&P Global said Thursday that U.S. services-sector businesses reported a decline in output for the third month running in December.” This comes as “U.S. imports dropped more, by 6.4% on the month, as Americans cut back on holiday-related purchases, including items from other countries such as computers and autos.”

Keep in mind, November retail sales—which included consumer spending at stores, online and at restaurants—fell 0.6% from the prior month for their biggest decline of 2022, according to the Commerce Department. Manufacturing output declined in November as well, the Fed reported, while U.S. home sales fell for a record 10th straight month.

Into this mix of economic metrics, driven by a collapse in disposable consumer income and high energy prices, now we begin to see the number one business expense being curtailed.

(Market Watch) […] Amazon.com Inc layoffs will affect more than 18,000 employees, the highest reduction tally revealed in the past year at a major technology company as the industry pares back amid economic uncertainty.

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It’s almost painful to go to the grocery store today, not just because the prices for everything are so high, but also because seeing the stress amid the working-class shopping is palpable.  Unfortunately, while we may have a momentary plateau on current pricing, there’s a strong possibility another wave of higher prices is yet to come.

At the core of the issue are energy prices which continue to rise.   The immediate cycle of energy price hikes, a direct consequence of political policy, has lessened somewhat and we are now in that slow tick upward as the pressure on oil, gas, heating and electricity prices continues.

Michael Burry, famous for his predictions in/around the U.S. housing market, is noticing the same thing as CTH.  “Inflation peaked. But it is not the last peak of this cycle,” he said. “We are likely to see CPI lower, possibly negative in 2H 2023, and the US in recession by any definition. Fed will cut and government will stimulate. And we will have another inflation spike. It’s not hard.”

Peak demand side inflation is long in the rearview mirror, but the peak of supply side inflation is questionable at best – I would say it’s a plateau, not a peak.

The price of goods, including industrialized and processed raw materials from China are going to increase again – and simultaneously become less consistent in availability.  This is going to make prices extremely volatile in 2023.

Essentially, everything around price is tenuous as the western economies absorb the full impact of this Build Back Better energy policy, and into this foray comes China with production and processing challenges as a result of COVID bubbles being removed.   We are seeing this problem right now in the pharmaceutical industry and with ordinary medicines becoming scarcer on store shelves.

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