Having provided deliberate advice and counsel quietly on these matters, it is important to continue watching the developments as they unfold.  There are trillions at stake.

President Trump’s global trade and economic reset is well underway. It is not an overstatement to say the western world economic structures within trade, banking and finance are in opposition to his efforts.  Alas, as we have outlined extensively, part of the larger phase of this reset will come in the likely dissolution of the U.S. Mexico, Canada trade agreement (USMCA).

Canada is taking actions to replace their U.S. trade relationship by aligning more with the EU and China.  This is a very dangerous approach for the Canadian people, because in the short-term there may be benefits; however, in the longer term the downsides are quite severe. Remember, Xi Jinping wanted Mark Carney to win the parliamentary election.

[SOURCE] – Canadian Foreign Minister’s visit to China promotes the warming of relations and new opportunities for educational cooperation! This is the most high-level contact between the two countries since 2018.

Canadian Foreign Minister Anita Anand paid an official visit to Beijing and held important talks with Chinese Foreign Minister Wang Yi.

The visit not only commemorates the 55th anniversary of the establishment of diplomatic relations between Canada and China, but also marks the 20th anniversary of the establishment of the strategic partnership between the two countries. During the meeting, the two sides discussed issues such as trade, energy, environment and public health, laying the foundation for the “normalization” of Canada-China relations.

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Let’s put the events of the last 72 hours into context.

On Monday and Tuesday, Russian oil refineries in NATO countries Hungary and Romania suddenly, and simultaneously, have mysterious explosions and catastrophic fires {citation}}. On Wednesday, NATO head Mark Rutte comes to visit President Trump in the White House, and at the end of the day, the same Russian company, Lukoil, whose refinery exploded in Romania, suddenly becomes sanctioned by the U.S. Treasury {citation}. These events are not disconnected.

President Trump then disputes a Wall Street Journal report {citation}, further saying he did not give approval, nor does he know where NATO long-range missiles are coming from that were launched from Ukraine into Russia {citation}.

Alarmingly, both the Wall Street Journal and President Trump are seemingly correct.

President Trump did not give authorization; however, he did cede authority to NATO to make independent decisions about long-range missiles. The U.K. provided the British storm shadow missiles, and Ukraine launched them with NATO support for targeting deep into Russia.

President Trump saying, “wherever they may come from,” is alarming in itself.  We all know that British PM Starmer, French President Macron, German Chancellor Merz and NATO Secretary Mark Rutte are all in alignment to push NATO into a direct conflict with Russia using the non-NATO state of Ukraine to do it.

The frustrating part is not the obtuse deflection by President Trump – perhaps he really doesn’t know – but rather the alarming issue of questioning whether President Trump is getting accurate information from the U.S. intelligence apparatus to make sound decisions.  President Trump has abdicated the conflict decision-making to the NATO “coalition of the willing”, while the USA remains in NATO as a sideline observer.

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NATO General Secretary Mark Rutte visits President Trump while Trump and Secretary Bessent increase sanctions against Russian energy companies.

Check the body language.  Secretary of State/Nat Sec Advisor Marco Rubio does not seem to be in alignment with the conversation today.

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Put this in the ‘beyond ridiculous’ file that explains the current situation of a contracting European economy; specifically, in the auto sector.

Europe has fines associated with the production of gasoline powered engines if the auto company doesn’t hit targets for sales of electric vehicles.  The fines triggered this year.  In order to avoid paying the European fines the auto makers are forming alliances with Chinese EV makers to purchase carbon credit offsets.

In essence, EU car companies buy Chinese car company carbon credits, to avoid the EU fines.  The Chinese car companies can then use the carbon credit revenue to subsidize lower priced Chinese EVs to the European car market, thereby undercutting the European EV car companies.  BRILLIANT!

MILAN, Oct 21 (Reuters) – Automakers have formed alliances to help them avoid hefty European Union fines on carbon emissions by purchasing credits from electric vehicle companies. Several legacy automakers face potential fines as the transition to EVs in Europe has proved slower than expected in recent years.

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We have discussed at length how the EU/NATO intelligence apparatus will do anything to keep U.S. President Trump and Russian President Putin in conflict against each other. As a consequence of tracking the datapoints around this issue, these events in Romania and Hungary cannot be perceived as coincidental.

Remember, what the EU intelligence apparatus did in Romania to control the election result. Remember also, the largest NATO base is being built in Romania. We understand the EU/NATO (CIA) agenda for Romania with clear eyes.

Now, two simultaneous oil refineries explode. One of them a Russian-owned refinery in Romania, the other a refinery in Hungary that processes Russian oil.

According to Daily News Hungary, the Romanian explosion happened in Ploiești, in the Wallachian region, the refinery is one of Romania’s largest, with a capacity of over 2.5 million tonnes. the refinery is owned by the Russian company Lukoil.

The refinery in Hungary at Százhalombatta refines Russian oil. It erupted in flames on Monday night. “The fire broke out on Monday night at the Dunai Refinery’s AV3 unit. It was swiftly contained, and firefighters have remained on site since, MOL stated in a press release issued last night.” […] “According to information obtained by index.hu from industry insiders, the entire oil refinery faces the possibility of a complete shutdown. Prime Minister Orbán Viktor, in his morning post, has promised the strictest investigation into the fire.”

In related news, the Budapest summit in Hungary between Russian President Vladimir Putin and U.S. President Donald Trump has been delayed.

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No, this is not a parody of sorts. Unfortunately, this is the current reality in the U.K as governed by a gaslighting professional political class that has lost all connection to reality.  At a certain point, people just laugh at them.

The U.K. social fabric is being torn apart as a result of mass illegal migration that shows no signs of stopping.  The people of Great Britain are at their wits end and the financial status of the government is near collapse.  Nerves are frayed as the British government now steps forth to claim they have finally discovered the cause of their illegal alien influx.  It’s the Russians.

HEADLINE: “Russia ‘flooding Europe and UK with illegal migrants’ in attempt to ‘destabilise the EU and Britain'”

Russia is attempting to flood Europe and the UK with illegal migrants in order to destabilise the EU and Britain, a Bulgarian minister has warned.  The country’s interior minister, Daniel Mitov, claimed Moscow was working with people smugglers to help them bring illegal migrants to the continent.

He also blamed “neo-Marxist groups” and warned British teenagers that they faced jail and fines if they try to help such organisations at the Bulgaria-Turkey border.

Illegal migrants now use this border to enter Europe more easily after it became the EU’s south-eastern external border when Bulgaria joined the EU’s Schengen area in January. (link)

Next up…. British Scientists Identify Root Cause Stopping British from Dental Hygiene, Vladimir Putin!

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Underpinning the contracting EU economy are two major forces.  First, the instability of their financial markets, thanks in majority to their catastrophic Build Back Better energy agenda.  Secondly, China exploiting the economic vulnerability and dumping massive amounts of cheap goods onto their consumer market.  Both forces are working against the EU economy.

To backstop the collapse, the EU is counting on expanded militaristic spending to get them out of their dead-end path.  Again, in majority, the economics of the thing is why they want expanded war with Russia – regardless of the detrimental outcome.  Without war they have to give up their Build Back Better green energy program.

In this interview, EU Central Bank President Christine Lagarde obfuscates both issues and points a finger at President Trump’s geopolitical economic and trade reset.  The only thing she accurately presents is the scale of the issue, the “trillions at stake” part.  WATCH (Transcript Below):

[Transcript] – MARGARET BRENNAN: We’re joined now by the President of the European Central Bank, Christine Lagarde. The ECB sets interest rates for many countries in the European Union, which is America’s largest trading partner. Good to have you here.

CHRISTINE LAGARDE: Lovely to be back, Margaret.

MARGARET BRENNAN: From where you sit, how would you describe the state of the global economy?

CHRISTINE LAGARDE: In transformation.

MARGARET BRENNAN: Transformation.

CHRISTINE LAGARDE: Transformation, I think caused by a couple of things. One is the tariffs, which have changed the map of trade around the world and reconstituted new alliances and reformed the way in which we trade with each other. I think the second major transformation is the impact of artificial intelligence on everything we do from data management to dating and everything in between.

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You might say the headline seems hyperbolic; however, you probably have not watched the interview.  You only need to watch the first few minutes to see a comprehensively diminished Volodymyr Zelenskyy engaged in a conversation with Kirsten Welker who plays the role of comfort aid.

The way Welker patronizes Zelenskyy with her tone is almost embarrassing.  WATCH:

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At a certain point facilitating an extension to conflict becomes an enabling of killing. It appears that President Trump has reached the end of his support for delivering mechanisms of war.

Writing on Truth Social, President Trump notes:

According to media reports, President Trump has decided not to sell Tomahawk missiles to NATO for transfer to Ukraine.  Nothing good can come from putting more offensive weapons into the conflict other than more bloodshed.

The expressed position of the White House is to freeze the Ukraine war at current “property lines” of control, and enter negotiations to stop fighting.  Toward that end, it appears President Trump is no longer willing to facilitate expanded conflict.

This position comes after an extended two-hour conversation with Russian President Vladimir Putin, and also a meeting on Friday with Ukraine President Volodymyr Zelenskyy.

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When President Trump says, “I’m not sure”, it’s an honest answer. The remarkable aspect is that this type of honesty is not common among politicians.

Maria Bartiromo previews her broadcast of an interview with President Trump, which will air on Sunday. In this segment, Ms. Bartiromo asks President Trump about the future of U.S-China trade relations. While noting that in a few weeks President Trump and Chairman Xi are likely to meet in ¹Seoul S-Korea, as President Trump travels to both the ASEAN and APEC meetings.

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¹I’m not sure if this will happen, but it appears that President Trump might actually travel East to get to Malaysia (Oct 26-28) and South Korea at the end of October (31st).  Why fly East?  Well, if the information aligns correctly, en route to Asia, President Trump appears to have a stop in Budapest, Hungary (Oct 24/25?) on the same timeline.  Fly to Europe, then onward in a southeasterly direction to Asia.  The alternative would be to meet Putin in Budapest in the first few days of November (2nd or 3rd).

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