This entire hour conversation with Péter Szijjártó is a ninja level linguistic evisceration of the lies, fraud and media spin that form the epicenter of the “great pretending” era. It really is worth watching all of it.
However, for the sake of time and focused attention, I have prompted the interview to the 18:00 point where Hungarian Minister Szijjártó, the Hungarian equivalent of our Secretary of State, talks about the great Western con job surrounding the Russian sanctions.
As many of you know, I traveled to Budapest and sat in bank offices so that I could literally see with my own eyes what I was told was happening {GO DEEP}. Everything that Péter Szijjártó says in this interview is well articulated and 100% accurate to the reality of what is happening. WATCH [Prompted]:
Perhaps it’s just because the election is only a few months away, or perhaps it’s because President Trump’s trade and economic policies toward China were always the right approach for the USA. Whatever the reasoning, the Biden administration is now proposing to use tariffs against China just like President Trump.
There’s a hidden dimension to the Chinese EV angle that makes this claim a little dubious, I will explain after the topline big story.
Overall, the New York Times is reporting [SEE HERE] that Joe Biden and USTR Katherine Tai are likely to trigger massive tariffs against imported Electric Vehicles (EVs) from China, perhaps as much as 100% due to the low cost of Chinese production. Additionally, the Biden administration is considering increasing the tariff regime against imports of Chinese steel and aluminum in a bid to protect the American industry.
On the EV issue, this tariff approach is politically duplicitous by Biden against the backdrop of massive investment in Mexico by the three largest Chinese EV automakers. Last December the three Chinese auto manufacturers, MG, BYD, and Chery, announced they were going to spend billions building new EV manufacturing plants in Mexico. Each Chinese auto manufacturer was going to spend between $1.5 to $2.0 billion.
Those Mexican built Chinese EV’s would pass into the USA market under current USMCA trade rules and regulations, as long as they technically meet the material origination rules. This can make tariffs against the Chinese imported EVs a moot point, because China will be making them in Mexico (North American trade agreement).
One of the reasons President Trump said the U.S. auto industry would suffer a “bloodbath,” is specifically because the current Chinese auto companies are targeting these EV’s in the $10,000 or less range. If you want to see what it looks like when cheap Chinese EV’s start to flood a consumer market, visit Russia – the western sanctions have only increased this flow. I can see it clear as day.
You may have heard of the protests in Tbilisi, Georgia recently. The protests are framed around what the State Dept and CIA call “Russian favored” legislation.
The Georgia legislation essentially says that domestic lobbyists, NGO’s, entities, groups and individuals who are funded more than 20% by foreign interests need to register as such.
Essentially, the USA law we call the Foreign Agent Registration Act (FARA), is what the country of Georgia is enacting in their own political landscape. However, the USA is not happy about the Georgia law to disclose the source of foreign funding (most of it anti-government) because the USA (specifically the State Dept and CIA) is the source of that funding.
This Georgia political scheme is yet another U.S. led color revolution in the same hues as 2014 Ukraine.
As noted by Global News, “in Georgia, protests have erupted over a proposed law requiring organizations with foreign funding to register their activities with the government. Critics compare the bill to similar legislation used to silence opposition groups in Russia. Thousands of Georgians marched through the capital, Tbilisi, on Sunday to voice their opposition to the bill, with opposition parties and civil society groups calling for mass protests against its expected passage.” WATCH:
TBILISI, Georgia (AP) — Dozens of people have been arrested in Georgia after police in the capital used tear gas and water cannons to disperse protesters who rallied outside Parliament to protest a controversial bill which they argue limits media freedom.
Georgia’s Interior Ministry said 63 people were arrested Tuesday while they took part in a demonstration in Tbilisi. Levan Khabeishvili, an opposition MP, posted a picture of himself on his social media accounts with a bloodied face and heavy bruising. Members of his party said he had been assaulted by police.
Those arrested were taking part in the latest in a series of protests against a bill which would require media and non-commercial organizations to register as “pursuing the interests of a foreign power” if they get more than 20% of their funding from abroad.
To say the person inside the opaque glass enclosure was stunned, physically flummoxed and surprised in the moment just before the security officers arrived to escort me to the guarded holding area, would be an understatement. And trust me, there’s been some stunned moments visible in the eyes of people who encountered me.
“You need to come with us,” was the end result of a brief conversation at passport control. Followed by “We need to ask you some questions.” A few hours later I exited onto the streets of the forbidden zone, with an ear-to-ear grin that would only be understood by those in my family who saw how it started as a child. However, before getting to that part of the story, let me begin with the end in mind.
This journey is not for those of worried disposition, and I do not recommend it for anyone who does not carry a strong stable constitution of snarky and pragmatically humorous outlook. In many ways this journey is exactly what you would expect, in other ways it is so completely the opposite it’s bizarre.
Guyana President Dr. Irfaan Ali sat down with BBC narrative engineer Stephen Sackur, host of BBC’s HardTALK, to talk about Guyana’s vast offshore oil and gas reserves and how it is transforming their national economy.
The BBC production crew came with an intent to confront President Ali about climate change and the unwillingness of the emerging nation to adhere to the dictatorial fiats of the Western world. BBC arrived fully immersed in the climate change agenda, with a narrative that stands aghast at the nerve of another nation to look out for the best economic interests of their citizens.
President Ali was not going to allow the BBC to avoid the hypocrisy within their position and he fired back brilliantly. WATCH (prompted):
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Pretending leftists wonder why the world is cleaving. Then again, in order to advance their insane ideology, the progressive left must always pretend not to know things. The BBC narrative engineer is a case study in this pretense.
An entire generation within the walled and occupied West have been indoctrinated to believe in the cult of climate change. As the same ‘Western world’ loses a grip on their historic influence, the global cleaving does not come as a surprise.
People have asked me about the origin of the CBDC planning, the motive for the master design of the WEF and Western financial and corporate world. Why would they need to wall-off the West through banking, finance and economics?
There’s some nuance in the story, but essentially the Biden administration is not approving or extending Liquified Natural Gas (LNG) export permits to nations who do not have free trade agreements (FTA’s) with the United States. This is causing expansion issues in the LNG industry as needed investment capital by the industry is negatively impacted.
The Biden administration says they are pausing the permitting while they study climate change. However, the Biden administration is also unilaterally sending LNG to Europe to support the NATO objective to hamper the Russian economy (not working).
As a consequence, the Biden administration (think Biden family) is controlling the outflow of LNG; essentially putting themselves in a position of financial influence over the LNG industry. Who is controlling whom, and why?
HOUSTON, Texas — The liquefied natural gas industry has criticized the Biden administration for pausing export permits on LNG as uncertainties arise for developers planning massive amounts of investment.
Major U.S. exporter Freeport LNG’s Chief Executive Officer Michael Smith said Wednesday in an interview on the sidelines of the CERAWeek energy conference in Houston that “you won’t get this resolved till after the presidential elections” in November.
The U.S. Department of Energy, which issues permits for LNG export projects to countries that are not part of free trade agreements, announced in January that the government will pause permits to review how the projects affect climate change, national security and the economy.
Within the U.K the timing of the 2024 election is decided by the Prime Minister [LINK]. “Prime Minister Rishi Sunak can call an election at any time up to Dec. 17, with the election taking place 25 working days later.” Most political followers expect PM Sunak to hold the election in the Autum of this year.
Now watch:
[Transcript] – “GB News is under threat. The other broadcasters don’t like it. Adam Boulton, long-time veteran of Sky News, said that GB News was damaging the ecosystem of broadcasting, by which he means it’s our little club and we don’t question climate change or mass immigration. We thought EU membership was wonderful, how dare you come along and give us a hard time.
Now the problems are getting very, very real. The industry is regulated by Ofcom. They have decided to put my programme under investigation on the basis they say that I’m a politician. Well, you know what? Even I’m A Celebrity, Get Me Out of Here had me as an ex-politician. I am not actively involved in politics at all, but they don’t like it. And some more of the great and the good are hosting a conference in Sheffield. Have a look at this. It’s absolutely bizarre.
A contrast that highlights how far the west has fallen. Russia holds transparent elections and Vladimir Putin wins 87% of the vote, resoundingly being reelected; yet Biden calls it a dictatorship. Meanwhile Ukraine cancels all elections, Zelensky declares the political opposition party unlawful; yet Biden calls it a democracy.
The totalitarian areas and liberty areas are inverting, a direct outcome of western governments cleaving the globe. What they now call “globalism” or “multinationalism” is a fracturing of the international compact, where the “western democracies” separates from the rest of the world. This reality is increasingly obvious to the ordinary person, and the Ukraine vs Russia war narrative stands as evidence of how abusive Western government gaslighting has become.
(Via Reuters) – President Vladimir Putin won a record post-Soviet landslide in Russia’s election on Sunday, cementing his already tight grip on power in a victory he said showed Moscow had been right to stand up to the West and send its troops into Ukraine.
[…] The outcome means Putin, 71, is set to embark on a new six-year term that will see him overtake Josef Stalin and become Russia’s longest-serving leader for more than 200 years if he completes it.
Putin won 87.8% of the vote, the highest ever result in Russia’s post-Soviet history, according to an exit poll by pollster the Public Opinion Foundation (FOM). The Russian Public Opinion Research Centre (VCIOM) put Putin on 87%. First official results indicated the polls were accurate. The United States, Germany, the United Kingdom and other nations have said the vote was neither free nor fair due to the imprisonment of political opponents and censorship.
Gary Cohn appears on Face The Nation to discuss the finance, the economy and the pain felt by consumers. He won’t say it directly, for obvious reasons, but what Cohn describes in terms of political support boils down to Main Street business supporting Donald Trump and Wall Street Multinational Corporations supporting Joe Biden. That is ultimately what is obvious at a macro level.
I’m starting the video at 03:08for the purposes of emphasizing inflation. What Cohn says about U.S. inflation is essentially accurate and I have a Cliff Notes, tldr, HERE. However, what Cohn says about tariffs creating inflation is not accurate, as outlined by the 2017 through 2020 results of Trump tariff policy. Cohn says, “No one absorbs tariffs, except the consumer,” this is false. As we saw in 2017, 2018, and 2019 China, Asia and the EU essentially dropped their export prices to retain access to the USA market and offset tariff costs. That’s just a statistical reality.
The transcript is HERE; however, I want to draw attention to a geopolitical aspect that is not getting enough attention. Specifically, the cost of FOOD PRODUCTS and the attached inflation.
Why is food inflation continuing to be a problem? Why is food inflation not just a USA problem? Why are the EU farmers protesting? These questions are easily answered, and yet no one in the Western financial press will explain.
The Build Back Better agenda, known in the USA colloquially as the Green New Deal, carries with it massive increases in cost for energy products. Fertilizer, which needs natural gas, and farming, which needs large amounts of fuel, diesel and fuel oil, uses costly energy products. Packaging, plastics (petroleum derivatives) and cardboard also require large amounts of energy.
The manufacturing (heating, cooling, freezing) as well as storage and transportation of food products also use massive amounts of energy. Additionally, and specifically because of the nature of their consumption, the increased energy costs associated with generating food travels quickly through the supply chain.
Food inflation is always the first thing you notice when the prices of energy products skyrocket. This is well known and not subject to debate; everyone accepts this.
Our own analysis of U.S. consumer prices in 2019 showed that prices of imported goods actually declined despite the tariffs. A recent report from CPA takes a look at the impact to Chinese exports to the U.S. [SEE DATA HERE] Bottom line, the tariffs worked to reduce Chinese imports.
CPA – […] Since the Section 301 tariffs were imposed, the share of imports from China has steadily declined from 21.6% in 2017 the year prior to the tariffs to 16.5%, a decline of 5.1%. No other country has lost as much share of total U.S. import penetration over the past five years.
In terms of total import value, Mexico gained the most from the tariffs, adding $110.8 billion. Vietnam gained the second most in import value by $78.4 billion and by far gained the most of total share of U.S. imports. In 2017, Vietnam accounted for about 2% of U.S. imports at $46.5 billion. In 2022, the U.S. imported $127.5 billion in goods from Vietnam, and the share of the total nearly doubled to 3.9%. Other countries in Southeast Asia such as Thailand, Cambodia, and Indonesia all saw significant increases in their value of imports by the U.S. (read more)
With the 2024 election rapidly coming, it is worth revisiting the actual tariff outcome to American consumers in order to dispel the popular myths about tariffs raising prices here at home. This might be the cited data you want to bookmark for later reference.
It was the Fourth Quarter of 2019…..
Right before the pandemic would hit a few months later, despite two years of doomsayer predictions from Wall Street’s professional punditry, all of them said Trump’s 2017 steel and aluminum tariffs on China, Canada and the EU would create massive inflation – it just wasn’t happening!
