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European Union Inflation Hits Record 8.6 Percent for All Nations Using the Euro

It is interesting to remember the recent comments from Christine Lagarde, the president of the European Central Bank, who outlined the EU energy crisis as the heart of the current inflation rate in the eurozone.  Lagarde discussed inflation in Europe while drawing a distinction in COVID-19 spending between the EU and U.S.

Essentially, according to Legarde, the EU subsidized businesses to maintain employment; the EU covered payroll expenses during lockdowns, while the U.S. sent direct payments to the American people who were impacted by the lack of work (basically everyone).

Lagarde outlined this difference in spending approach to explain why the Eurozone inflation was less than U.S. inflation.

How long did that EU Central Bank explanation hold up? Approximately two months.

The U.S. inflation rate is currently estimated at 8.6%, and today the eurozone inflation rate just reached,…. wait for it,…  Yep, an exact match at 8.6%.

LONDON (AP) — Inflation in countries using the euro set another eye-watering record, pushed higher by a huge increase in energy costs fueled partly by Russia’s war in Ukraine.

Annual inflation in the eurozone’s 19 countries hit 8.6% in June, surging past the 8.1% recorded in May, according to the latest numbers published Friday by the European Union statistics agency, Eurostat. Inflation is at its highest level since recordkeeping for the euro began in 1997.

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Bill Gates Wins Legal Approval to Purchase Another 2,700 Acres of Farmland in North Dakota Bringing Total Ownership to 270,000 Acres

It’s not a secret that billionaire Bill Gates wants to radically change the process and outcome of farming, agriculture and ultimately food humans consume, in order to follow his climate change ambitions.  Bill Gates has been advocating for the removal of cows, pigs and animal-based protein for multiple years.  This is not a revelation.

However, what is new, is the amount of farmland that Bill Gates is purchasing.  Why would an entrenched climate change ideologue who wants to change food production be purchasing over a quarter million acres of prime farmland?

North Dakota – Bill Gates has secured legal approval for the controversial purchase of thousands of acres of prime North Dakota farmland, after the deal drew fury from the state’s residents.

The state’s Republican Attorney General Drew Wrigley had inquired into the land sale, and on Wednesday issued a letter saying the transaction complied with an archaic anti-corporate farming law. The Depression-era law prohibits corporations or limited liability companies from owning farmland or ranchland, but allows individual trusts to own the land if it is leased to farmers, which Gates intends to do.

Gates is the largest private owner of farmland in America after quietly amassing some 270,000 acres across dozens of states, according to last year’s edition of the Land Report 100, an annual survey of the nation’s largest landowners.

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During NATO Press Conference Joe Biden Blames Russia for Upcoming Global Food Shortage

There it is folks.  I hope people can see the natural arc of this self-fulfilling prophecy now.  This also is why you should make sure you have potassium iodide tablets in your prep kit.

During a NATO press conference in Madrid [Transcript Here], today Joe Biden specifically attributed the upcoming global food shortage to Russian President Vladimir Putin.  Biden was emphatic when responding to a question about oil costs, western nation energy development and the pending food shortage.

BIDEN…”I think there’s a lot of things we can do and we will do.  But the bottom line is: Ultimately, the reason why gas prices are up is because of Russia.  Russia, Russia, Russia. The reason why the food crisis exist is because of Russia — Russia not allowing grain to get out of Ukraine.”  WATCH:

[Full Video Here – Prompted, if Needed]

Please understand… The food shortage is a done deal. We are beyond the point where current action could impact what is coming.  The timeframe to mitigate any global food shortage is in the rear-view.  Efforts to mitigate the food crisis should have been done months ago.  Nothing was or is being done.

The Western Alliance now needs a scapegoat, a justification for a food crisis that is almost certain to surface.  We do not know the scale of the shortage, but we do know global food supplies are going to be less than needed to feed the world population.

The direct cause of the food shortage is the Western government decision to prioritize climate change over food production.  The Build Back Better climate change agenda has created massive disruption with energy products (biofuel, fertilizer, diesel, natural gas etc) which are critical for the efficient production of food.  However, the western alliance cannot and will not take responsibility for the food crisis.  Instead, as you are seeing above, their plan is to blame Russia.

Stopping Russia from starving the world will be the justification for a physical escalation of conflict between NATO and Russia.  All of the signs and indicators point in this direction. None of the geopolitical or global economic signs point away from this direction.  A NATO led war with Russia is not a matter of “if”, it is a question of “when?”

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Sanity Prevails, Supreme Court Strikes Down EPA Cap and Trade Scheme for Power Plants

The Environmental Protect Agency (EPA) was attempting to restrict the energy production from coal-based power plants through a regulatory cap-and-trade scheme intended to limit the emissions from electricity plants. However, by a 6-3 vote the Supreme Court said today the Clean Air Act does not give the EPA broad authority to regulate greenhouse gas emissions from power plants. [pdf Ruling Here] The regulation -if any- must come from congress, not regulatory fiat from an executive agency.

New York Post – The Supreme Court rolled back the Environmental Protection Agency’s authority to regulate greenhouse gas emissions from power plants Thursday, dealing a massive blow to the Biden administration’s plans to fight climate change.

The 6-3 decision overturned a lower court ruling that gave the federal agency virtually unlimited regulatory powers through the Clean Air Act. […] Writing for the majority, Chief Justice John Roberts agreed with the states that “it is not plausible that Congress gave EPA the authority to adopt on its own such a regulatory scheme.”

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Turkey Drops Opposition to Sweden and Finland Joining NATO, Biden Approves F-16 Sales to Turkey

Quid-pro-Joe.

In March of this year Finland President Sauli Niinistö traveled to the White House [link].  In April reports first surfaced of Finland and Sweden joining the NATO alliance [link].  In mid-May of this year President Sauli Niinistö stated his decision for his country to join NATO was a matter of needing to choose sides, “what we see now, Europe, the world, is more divided. There’s not very much room for ‘non-aligned,’ in-between. So that was also what we are thinking,” he said [link]

The next day, May 16th, Turkish President Recep Erdogan, a preexisting NATO member, said Turkey would block the application of Sweden and Finland from joining NATO until their conditions and terms were accepted [link].  Two days later, May 19th, Joe Biden, flanked by Finnish President Sauli Niinisto and Swedish Prime Minister Magdalena Andersson (again at the White House), said the two countries would “make NATO stronger.” [link]

On Tuesday of this week Turkey removed their block of Sweden and Finland from joining NATO, and on Wednesday Joe Biden agreed to sell Turkey 40 Lockheed Martin-made F-16 fighters and nearly 80 modernization kits for its existing warplanes:

Newsmax – The Biden administration threw its support on Wednesday behind the potential sale of F-16 fighter jets to Turkey, a day after Ankara lifted a veto of NATO membership for Finland and Sweden.

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U.S. and Canada Tell G7 That Climate Change Policy is More Important Than Feeding People

Say what you will about Boris Johnson, but he does proffer pragmatic solutions to problems.

With a pending global food shortage only looking worse by the day British Prime Minister Boris Johnson has proposed to use biofuel farmland to grow food that can be consumed by people.

German Chancellor Olaf Schulz is also supporting the plan. However, Joe Biden and Justin Trudeau have denounced the effort to expand food production in the U.S. and Canada and blocked the framework from G7 policy.

WASHINGTON – […] Mr Johnson will address G7 leaders at a summit in Germany and ask them to repurpose land currently used for crop-based biofuels to grow more food.

The Prime Minister believes using less green fuel would dampen soaring food prices and help avert famines in poorer countries that rely heavily on Ukrainian grain blockaded in ports by Russia.

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French President Macron Wants Sanctioned Oil from Iran and Venezuela to Replace Russian Oil, Willfully Blind Joe Biden Likely to Agree

It is quite remarkable to consider that almost 100% of these global issues could immediately disappear if the far-left ideologues behind Joe Biden would just unleash the American energy sector.  Alas, the seemingly religious cult of climate ideology will not allow it…. therefore we get these bizarre outcomes.

The U.S. has economic sanctions against oil exports from Iran, Venezuela and now Russia.  The EU is economically collapsing under their inability to power their economies without energy products, a specific outcome of the latest NATO and EU sanctions against Russia.

The green energy programs in the EU cannot sustain the needs of the population.  As a result, German Chancellor Olaf Schultz and French President Emmanuel Macron are asking Joe Biden to lift sanctions against Iran and Venezuela and let Iranian and Venezuelan oil replace the missing Russian oil.  Again, none of this would be needed if the U.S. just developed more oil and gas domestically; but Biden won’t change policy.

(Reuters) – The international community should explore all options to alleviate a Russian squeeze of energy supplies that has spiked prices, including talks with producing nations like Iran and Venezuela, a French presidency official said on Monday.

Venezuela has been under U.S. oil sanctions since 2019, and could reroute crude if those restrictions were lifted.  Indirect talks between Iran and the United States to revive a nuclear deal that could see sanctions on Tehran lifted and its oil exports resume have been on hold since March, but are due to resume in Doha soon.

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Europe Argues with Itself About Allowing Developing Countries to Make Their Own Fertilizer, EU Climate Agenda Does Not Align with Food Needs of Third-World

Watch how this plays out in the global cleaving.  Watch closely…

The stresses of retaining climate ideology are beginning to surface in the EU and ‘western nations.’  The developing world needs fertilizer quickly, or their twice annual harvests will not produce enough to feed their population.  However, the EU does not want the developing world to create their own fertilizer because it would mean using an energy source the EU no longer supports.

The result within the G7, G20, World Economic Forum, multinational corporations and EU government, is a debate over whether it is better for people to starve, or to allow developing countries to manufacture fertilizer to feed themselves.   Some in the EU and western alliance say let the people die, climate is more important.  Others, seem to be saying if they allow mass starvation just to retain their climate ideology, they may lose influence in the world.  The debate rages on.

(Reuters) – The European Union is divided on how to help poorer nations fight a growing food crisis and address shortages of fertilizers caused by the war in Ukraine, with some fearing a plan to invest in plants in Africa would clash with EU green goals.

Russia’s invasion of Ukraine has prompted a global food crisis and fears of worse to come because of a drop in grain exports from Ukraine and a spike in prices of chemical fertilizers, of which Russia and Belarus are major producers.  [SD NOTE: This is false.  Russia’s invasion of Ukraine did not create a global food crisis, the Western Alliance & NATO sanctions did – Important distinction

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Biden Pledges to Mitigate Third-World Food Shortages and Consequences of G7 Climate Policy, by Spending $200 Billion to Control Brown People Infrastructure and Communication

Western leaders, specifically including the G7, have a serious problem.  Their collective energy and economic policy, a chase for the climate change and corporate financial agenda, have created the downstream consequences of global food shortages and third-world instability.  The non-industrial nations will now, once again, suffer as a direct result of Western ideology and arrogance.

To combat the pesky third-world pitch forks, today Joe Biden announced the U.S. will lead the G7 in a series of advanced spending measures intended to control how the pain inflicted by the industrialized nations will surface to the rest of the world.   Western media must not let the suffering of the brown people become visible, lest people start to connect the dots and realize the G7 is an ideologically racist and exploitative enterprise.

To soften the reality of the brown people suffering, the leftist administration of Joe Biden will spend $200 billion to mitigate the damage.  There are four aspects:

(1) To increase dependency and control the third-world population the G7 will finance a vaccine manufacturing facility in Senegal.  The breeding of the brown people must be controlled – climate change policy demands it. 

(2) To control the optics of the third-world complaining about it, the G7 will mobilize $335 million in private capital to control the communication systems in Africa, Asia, and Latin America.  The brown people must not discover the nature of their exploitation; and the citizens within the G7 nations must not find out their government is exploiting the brown people. Wouldn’t look good.

(3) The United States will spend $50 million over five years to support gender equity in the developing world increasing the friction between brown women and brown men, while ignoring cultural differences and forcing the social ideology of the West upon them.  And finally…. 

(4) The G7, fearing third-world instability and anger from the brown people that could disrupt their supply chains, the U.S. and Western nations will now seek to increase their control of mining for mineral deposits needed for G7 batteries – and will fund more railroads and ports to export the critical material to the West more quickly. 

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Sunday Talks, World Bank President Discusses Global Solution to Inflation, Food Shortages – Western Government’s Need to Reverse Direction

World Bank President David Malpass appears on CBS with media propagandist Margaret Brennan, a woman of exceptionally low intelligence, to discuss the current state of global economics and the likely consequences.  I have been saying this for a year and I will repeat, the absence of food will change things.

Within the interview [Transcript Here] the status and solutions that Malpass outlines are accurate and factual, albeit couched in gentle terms acceptable to the globalists. As noted by Malpass, if a shift in messaging and actual policy for energy and finance does not take place, the outcome will be bad for food production and government stability.

The World Bank president accurately states increased production is urgently needed to avoid global shortages.  However, that increase in production is only possible if the leaders of the largest economies reverse their positions on energy development and finance.  The world needs oil and natural gas production to increase dramatically in order to stave off food shortages. Unfortunately, those pragmatic recommendations are falling on deaf political ears.  WATCH:

[Transcript] – MARGARET BRENNAN: There are a lot of stressors on the global economic system right now, how do you describe where we are?

MALPASS: It’s a sharp slowdown, including even China. So we’ve seen the world growth fall by half since January in terms of GDP growth. But there’s also shortages, there’s inflation. And the food shortages for the poorer countries are becoming a significant concern, they already are.

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