The government in the Netherlands is taking a playbook directly from Canada. Keep in mind that Canadian Prime Minister Justin Trudeau and Dutch Prime Minister Mark Rutte are two top-tier government influencers of the World Economic Forum, Davos crowd.

Trudeau and Rutte have a close and personal relationship, so it doesn’t come as a surprise to see the Dutch government trying to stop farmer protests following the same approach as the Canadian government toward the trucker protests.

In a short video resurfacing today, the farmers caught Dutch police units disguising themselves as farmers and infiltrating the protest. According to independent journalists who were recording the events, the plain clothes units were agitating for violence, a tactic to initiate a heavy-handed government response.

When the Dutch people realized they were police the undercover ‘Agent Provocateurs’ pulled batons to protect themselves and desperately retreated to a nearby police van. WATCH:

https://youtu.be/XorUUl4xQsk

Background on Farmer Protests Here

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The politicians in Dutch government recently passed sweeping new climate regulations that will result in more than a third of farmers losing their business. The government announced a €25 billion plan to radically reduce the number of livestock in the country in order to curtail emissions.

As the Guardian reports, “A deal to buy out farmers to try to reduce levels of nitrogen pollution in the country had been mooted for some time,and was finally confirmed after the agreement of a new coalition government in the Netherlands earlier this week.” The plan is to reduce farming in the Netherlands, by a “one-third reduction in the numbers of pigs, cows and chickens in the country.”  However, the farmers are fighting back.

The unorganized grass-roots groups have been randomly blocking roads and transportation hubs for the past three days.  They have also been dropping truckloads of manure at the entrances of government businesses.  In a show of solidarity, the fishing industry is now blocking ports.  Additionally, the farmers are starting to block the distribution centers of supermarkets and key roads forming a cauldron where transit is at a standstill.

As grocery store shelves go empty, the government is now asking the military to intervene and stop the farmer blockades.  However, the Dutch people overwhelmingly support the farmers.  Things have evolved into a social and economic war between the farmers and Build Back Better government ideology chasing climate change goals.

(Reuters) – Dutch farmers angered by government plans that may require them to use less fertilizer and reduce livestock began a day of protests in the Netherlands on Monday by blocking supermarket distribution hubs in several cities.

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Senator Lindsey Graham (U-DC) was apparently in Turkey around the same time as the NATO summit.  According to a Twitter announcement by Graham he has returned to the U.S. hopeful to close the deal on selling F-16”s to Turkey now that Turkish President Recep Erdogan has removed opposition to Finland and Sweden joining NATO.

“I will do all in my power to support the Biden Administration’s decision to sell F-16s to the Turkish Air Force,” Graham writes.

Also adding, “These fighter jets, in the hands of our NATO allies, will create a sense of stability and provide capability to the Turkish military that is most definitely in America’s national security interests.” {link}

On Tuesday of last 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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Separatists in Luhansk had been embroiled in a bloody civil war against the Ukraine military since 2014.  On Sunday Russia announced its military forces and allies had taken control of Ukraine’s eastern Luhansk region after capturing the final Ukrainian holdout of Lysychansk.   Based on ground reports showing celebrations of Russian troops and the citizens of Lysychansk, the end of that regional conflict appears confirmed.

According to Politico, “Ukrainian troops have retreated from Lysychansk, the last major Kyiv-controlled city in the eastern Luhansk region, the country’s military command said Sunday. “In order to preserve the lives of the defenders of Ukraine, a decision was made to withdraw,” according to a statement from the General Staff of the Armed Forces.” {link}

Previously Moscow media were reporting that Russian defense minister Sergei Shoigu told President Vladimir Putin Luhansk had been “liberated”, after earlier statements saying the military had captured villages around Lysychansk and encircled the city.

Politico – […] Ukraine’s military command said that given the great “superiority” of Russia’s troops in terms of weapons, ammunition and personnel, attempts to prolong the defense of the city — which had a pre-war population of around 100,000 — “would lead to fatal consequences.

The eastern region of Ukraine is a major target for Russia: Moscow-backed separatists have been fighting Ukrainian forces since 2014 in the Luhansk and Donetsk regions that make up the key industrial area of Donbas, and Russia’s recognition of the self-styled people’s republics there preceded its full-scale invasion of the country this past February.

[…]  Ukrainian President Volodymyr Zelenskyy said Sunday that “there is a risk” that the whole Luhansk region could be fully occupied by Russian troops soon. “There are such risks, and we realize them,” he said at a press conference after a meeting with Australian PM Anthony Albanese in Kyiv.

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John Kirby is the former Pentagon spokesperson who is now the National Security Council Coordinator for Strategic Communications.  The people in/around the White House have shifted Kirby, a very good spinner of parseltongue, into a place where he can give the media an impression of White House competency.

The LGBTQ, racially inclusive and woke checkbox hires are not up to the task of their positions.  Incompetence is running amok.  As a result, it is somewhat ironic and representative the Biden hypocrisy, that Kirby is needed to take the pressure away from administration checkbox hires.  In this interview Kirby defends the White House policy on the Russia-Ukraine war, interventionist and dependent foreign policy, and the energy policy that has resulted in high gas prices.

Video prompted to 04:05, where the topic of Biden’s upcoming visit to Saudi Arabia is discussed.  WATCH:

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The G7 plan to create another economic sanction against Russia by capping the price anyone could pay for Russian oil has a serious downside.  If Russia slows down the export of oil, global oil prices will jump dramatically.   That policy outcome would mean a massive increase in the price of gasoline for U.S. consumers.

Because the consequences are horrible, that’s precisely the reason Joe Biden might push to have the Russian price cap.  Every policy Joe Biden has historically supported, has been the exact opposite of what should have been done.  Biden has a profound and innate ability to screw up anything.

[Bloomberg] – Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned.

The Group of Seven nations are hammering out a complicated mechanism to cap the price fetched by Russian oil in a bid to tighten the screws on Vladimir Putin’s war machine in Ukraine. But given Moscow’s robust fiscal position, the nation can afford to slash daily crude production by 5 million barrels without excessively damaging the economy, JPMorgan analysts including Natasha Kaneva wrote in a note to clients.

For much of the rest of the world, however, the results could be disastrous. A 3 million-barrel cut to daily supplies would push benchmark London crude prices to $190, while the worst-case scenario of 5 million could mean “stratospheric” $380 crude, the analysts wrote.

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Much has been made of comments by Federal Reserve Chairman Jerome Powell in his brief explanation of what the Fed got wrong.  Last week Powell made comments during a European Central Bank forum on bank policy, implying the absence of unvaccinated workers returning to the labor force is part of the US inflation problem.

Powell’s comments seem to align with the government vaccine mandate position which ignored the rights of the worker. Considering the responsibility of the Fed to anticipate price and labor issues, Powell’s sense of credulity toward those workers who dropped out of the labor force rather than inject an untested vaccine into their body is quite remarkable.  Inartful and arrogant are soft terms for his commentary.

However, there’s a bigger “tell” in the segment of what the Fed got wrong, when you listen to Powell talk about the supply side issues and how the Fed Reserve had no model to predict the mandated lockdowns, economic activity stoppages and consequences.   Notice how Powell completely dismisses the structural energy policy, the Build Back Better agenda, that lies at the heart of the current supply side inflation issue.  Video Prompted to 01:03:34, WATCH:

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Throughout the discussion the primary focus to control inflation is reliant on a demand side cause.   The goal to reduce demand is seen as a way to mitigate and reduce inflation.  Thus, this worldview, as mistaken as it was/is, explains the justification for why the Fed waited to increase interest rates.  They never saw the radical energy policy as a structural driver of supply side inflation.

According to Powell, they thought the supply side issues would moderate quickly, without giving any consideration at all to how a radically new energy policy would embed.  He just ignores the issue completely; again, pretending not to know.  But perhaps it’s actually worse.  Perhaps he really doesn’t see a radical new energy policy as a driving force behind current inflation.  If that’s true, and he genuinely does not see it, then Fed policy in the future is going to make the recession much worse.

If you ignore massive energy price impacts, the FED will keep interest rates high despite demand dropping, and then eventually get to a place where demand has dropped so low the recession is deep, while turning toward each other and asking why are prices still so high?

Keep that disconnect in mind.

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This week Neil Oliver talks about the new Utopia we are being instructed to accept.  A world in which there are no rights, only permissions.

Everything including the modification of diets and the eating of bugs and fake meat; to the type of carbon footprint home we are permitted, to the energy we may use or the acceptable car we must drive; permissions, assuming of course, our social media profile and accompanying score is in line with regulatory inspection.

Nope.  Not happening.  There are more of us than them.  We will not eat the bugs.  WATCH: 

[Transcript] – What’s being done to us, or tried on us at least, isn’t working … and it isn’t working and won’t work because what we’re being pushed to accept as the new world makes no sense. The supposed utopia we’re being promised – or, rather, having rammed down our throats – is one in which there is no universal truth, no absolute and trusted truth, but only personal truth that trumps all else.

There are to be no facts like those observed by biologists, just as a for instance, and only feelings based on personal preferences that change from day to day. It will be a world in which we might have no inalienable rights, rights we are born with – just permissions granted one by one by the state … and then only if we do as we are told and do without cars and warm homes and eat our bugs and fake meat and take our medicine on demand. It is a world in which 2+2 might equal 5 if some faceless, unelected bureaucrat says it does – and if any of us says no, 2+2 always and only equals 4, then our bank accounts won’t give us any money until we accept our arithmetical and moral error.

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Two weeks ago, a NATO blockade of Kaliningrad, an outpost of Russia, was triggered when Lithuania blocked the transport of goods through Suwalki corridor.  According to the Lithuanian justification they were following through on NATO sanctions against Russian goods.  However, the escalation was very provocative toward Russia and discussions between Russia and NATO countries were tense.

Apparently, Germany was increasingly concerned the blockade was creating a scenario where Russian military were going to escort the transport of railroad goods to Kaliningrad, and that would lead to escalated military conflict with Russia. “German Chancellor Olaf Scholz is eager to avoid unnecessary provocations of Russia. He has repeatedly emphasized that he would do everything in his power to ensure that NATO does not become a party to the war between Russia and Ukraine. German soldiers are stationed in Lithuania and could become involved in a possible conflict.” {link}

The EU has now dropped the blockade and the transport of goods between Kaliningrad and Russia will resume.  The EU decision was made before the NATO meeting in Madrid concluded; however, it looks like NATO postponed the announcement until after Biden left in order to save face on the reversal of position.

GERMANY – The European Commission plans to issue a clarification that will allow Russia to resume sending supplies to the exclave of Kaliningrad via Lithuania. Berlin supports the idea, but some in Vilnius are not pleased.

[…] The move will put an end to a disagreement that had not only been a significant source of tension between Russia and Brussels – but also exposed deep rifts within the EU regarding the correct approach to Moscow.

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It is very curious timing in this article from Newsweek, containing massive geopolitical implications, using identified Saudi Arabia sources, would come in advance of Joe Biden’s visit to the Kingdom of Saudi Arabia.

Is this strategic geopolitical pressure from Saudi leader Mohamed Bin Salman (MbS) ahead of the meeting with Biden; or is this a genuine possibility that looms as likely?  If the former, then Joe Biden is being geopolitically slow roasted by Saudi Arabia for his previous disparagements and ideological hypocrisy in his visit.  If it is the latter, well, then the tectonic plates of international trade, banking and economics are about to shift directly under our American feet.

We have been closely monitoring the signs of a global cleaving around the energy sector taking place.  Essentially, western governments’ following the “Build Back Better” climate change agenda which stops using coal, oil and gas to power their economic engine, while the rest of the growing economic world continues using the more efficient and traditional forms of energy to power their economies.

This article from Newsweek is exactly about this dynamic with Saudi Arabia now potentially joining the BRICS team.

NEWSWEEK – Finland and Sweden’s green light to join NATO is set to bring about the U.S.-led Western military alliance’s largest expansion in decades. Meanwhile, the G7, consisting of NATO states and fellow U.S. ally Japan, has adopted a tougher line against Russia and China.

In the East, however, security and economy-focused blocs led by Beijing and Moscow are looking to take on new members of their own, including Iran and Saudi Arabia, two influential Middle Eastern rivals whose interest in shoring up cooperation on this new front could have a significant impact on global geopolitical balance.

The two bodies in question are the Shanghai Cooperation Organization (SCO) and BRICS. The former was established in 2001 as a six-member political, economic and military coalition including China, Russia and the Central Asian states of Kazakhstan, Kyrgyzstan and Tajikistan before recruiting South Asian nemeses India and Pakistan in 2017, while the latter is a grouping of emerging economic powers originally consisting of Brazil, Russia, India and China (BRIC) upon its inception 2006, and including South Africa in 2010.

Here is the money quote:

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