Purchasing managers for both goods and services are reporting a strong contraction in orders.  The decline in goods has been subtle up to this point, with June and July now reflecting a significant change to the negative.  More concerning is the severe change on the service side.

Contraction within business activity is now happening in almost all sectors of the economy.

Bloomberg Reports – US business activity contracted in July for the first time in more than two years as manufacturers and service providers signaled sluggish demand that only adds to heightened recession anxieties.

The S&P Global flash composite purchasing managers output index slid 4.8 points to 47.5, the weakest reading since May 2020, the group reported Friday. Outside of the early months of the pandemic, the July figure is the weakest in data back to 2009. Readings below 50 indicate contraction. 

[…]  “The preliminary PMI data for July point to a worrying deterioration in the economy,” Chris Williamson, chief business economist at S&P Global Market Intelligence, said in a statement.

“Manufacturing has stalled and the service sector’s rebound from the pandemic has gone into reverse, as the tailwind of pent-up demand has been overcome by the rising cost of living, higher interest rates and growing gloom about the economic outlook,” Williamson said.

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A few years ago, we might have just brushed this type of ideological policy aside and called the guy a nut.  However, he might indeed be a nut, but more and more countries are adopting the climate change farming policy he is advocating.  {Direct Rumble Link} WATCH (2 minutes):

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I often wonder about the mental health of these people.

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EU Commission President Ursula von der Leyen, a woman of notoriously bureaucratic disposition, has proposed that all member nations to reduce their use of natural gas by 15% in order to subsidize and protect the larger member nations -specifically Germany- who are more dependent on Russian energy.

Spain, Portugal and Greece are balking at the idea of voluntary cuts in order to spread the energy resources to the larger economies.

Things amid the EU could get spicy again, with the league of nations in Brussels taking control of economic wealth distribution.

BRUSSELS, July 20 (Reuters) – The European Union set out emergency plans on Wednesday for countries to cut their gas use by 15% until March, warning them that without deep cuts now they could struggle for fuel during winter if Russia cuts off supply.

Europe is racing to fill its gas storage ahead of winter and build a buffer in case Moscow further restricts supplies in retaliation for European support for Ukraine following Russia’s invasion.

[…] The regulation needs approval from a reinforced majority of EU countries. Country diplomats are set to discuss it on Friday, with the aim of approving it at an emergency meeting of their energy ministers on July 26.

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In May the inflation rate in the U.S. increased to 8.6%, a few weeks later the European Union measured their May inflation rate to match at an exact 8.6% {link}.  In June the U.S. inflation rate increased again to 9.1%, and now we see the U.K. reporting their June inflation rate today at 9.4%.

While the individual amounts of government COVID-19 spending amid the U.S, U.K. and Europe were different, the percentage of that spending in relationship to the size of their economy was very similar.  As a result, the global inflation rates contain strong parallels.

None of these parallels are accidental.  All of this economic turmoil is running on an identical track -on a global basis- because the entire western plan was coordinated and followed.  What we are seeing right now is the outcome of the “Build Back Better” roadmap.  The “global inflation” is the outcome.

Joe Biden is blocking domestic energy production as he follows through with the agenda of the Green New Deal.  In Europe, not coincidentally demanded by Biden, a similar outcome comes from the sanctions and blocking of Russian energy resources.

One could make a reasonable argument that the team behind Joe Biden specifically wanted the EU sanctions against Russia, because the U.S. crew wanted to keep both industrial economies mirroring each other as the U.S. energy system was dismantled.  It would make sense to avoid a spotlight on the U.S. economic collapse, by forcibly pushing the EU economy into the same situation.

Taking that line of geopolitical and economic consequence one step further, and that would be part of the strategy -albeit undiscussed- behind having a consistent global cap on the price that any nation could pay for Russian oil.  That approach is not about punishing Russia, it is to make all of the economic pain and problems equal amid all western nations.  Globalists, and the central bankers, are good at creating economic systems to deliver equitable misery.

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While Neil Oliver is describing the insufferable lack of political leadership amid the conservative party in the U.K, almost every point of his weekly monologue could just as easily apply to the United States or any other “western democracy.”   The current candidates to replace Boris Johnson are just an extension of the high-minded political class who are pretending to be different, yet they are identical in their globalist outlooks.

….”always the same lines from one leader after another – great reset, build back better, rules based liberal order. The theatrical parallels just keep coming – soap opera, pantomime, now a chorus line of high kicking dancers in perfect time.”…

Oliver asks simple, albeit frustratingly and brutally obvious, questions about what is missing in the candidates who are asking to become the next British Prime Minister.  Where is the candidate who represents the issues that matter, the one who isn’t playing a role in a never-ending soap opera that generates nothing except more drama to keep everyone distracted.

Neil Oliver’s points could just as easily be talking about the United States republican party, where almost every elected official is quite happily playing their acting role in the political soap opera, yet no one is doing anything to stop the insane policies that are destroying the foundation of life, liberty and the free pursuit of happiness. WATCH:

[Transcript] – The race for the leadership of the Conservative Party is a farce. Like a soap opera, it is no more than another distraction, something to take our minds off what’s really important in the world. It’s not just a Conservative Party problem, of course.

Across the political spectrum it is the same – a wholesale absence of truth – not their truth, the good old fashioned truth. They might be describing themselves as rival camps – Tory, Labour, Liberal – but where it matters, they’re all on the same page of the same script, written by someone else and delivered to them one page at a time.

Whoever ends up with the leading role, in Number 10 Downing Street this time, they intend for the show to go on, week after week and year after year. Old characters will be written out and new characters will fill in the gaps.

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During his press conference from Saudi Arabia, the installed occupant of the White House was asked about the possibility that congress will not pass the $500 billion spending proposal to continue the radical transformation of the American energy sector. [Transcript]

Q On the issue of climate, Joe Manchin obviously made significant news right now, which appears to be torpedoing what was one of your biggest priorities as it relates to energy and to climate back at home. Your message to those Americans right now who are looking for that relief that would have a wide impact as it affects the climate and energy specifically?

Joe Biden: “I am not going away. I’m going to use every power I have as President to continue to fulfill my pledge to move toward dealing with global warming.”  Thank you very much.” [link]

Put another way, “you will eventually eat the bugs.”

As previously noted, regardless of how much chaos, crisis and hardship they create, the collective western government leaders are not going to stop pushing their Build Back Better climate change agenda.  These are committed ideologues.  They are united in their objective and not a single politician is willing to see the catastrophic damage they are creating.

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British Prime Minister Boris Johnson resigned.  Days later, former Japanese Prime Minister Shinzo Abe was assassinated. A few days passed and both the President and Prime Minister of Sri Lanka, resigned and fled the country.  Today, with their ruling governments in a state of turmoil, Estonian Prime Minister Kaja Kallas and Italian Prime Minister Mario Draghi have both tendered their resignations.

The collapse of each of these national leaders is not necessarily connected; however, the global political system is reverberating with tremors directly connected to the post-pandemic economic turmoil.  It would be naïve not to see these governing issues as consequences.  The legitimacy of the governing class is slipping; perhaps it would be fair to say, some have ‘lost’ their legitimacy altogether.

Estonia is part of the EU and a member of NATO:

HELSINKI — Estonia’s president on Thursday asked Prime Minister Kaja Kallas to form a new government after she tendered the resignation of her one-party minority Cabinet, ending a more than month-long political stalemate in the Baltic nation.

President Alar Karis said in a tweet after meeting with Kallas that “I signed the resignation request of Prime Minister @kajakallas but also asked her to form a new government which could start working quickly and deal with all important issues of Estonian life.”

Estonia’s government crisis culminated in early June as Kallas, leader of the ruling center-right Reform Party, kicked out the left-leaning Center Party from the two-party coalition. The parties had substantial differences over spending and welfare policies amid increasing Estonian household costs because of high inflation. (more)

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Folks, the Build Back Better western alliance are fully vested in the pretending game.  It is just one big insufferable game of pretending, and the citizens of the western government powers, You and Me, are the victims.

Seriously, it’s stunning, yet oddly not surprising, that the same multinational forces who created the global inflation crisis as a result of following the World Economic Forum spending agenda, are now claiming the global economy is simply too hot, too successful, there is just too much demand, and that justifies their raising of interest rates:

OTTAWA, July 13 (Reuters)– The Bank of Canada surprised on Wednesday with a full-percentage-point increase to its policy rate, a super-sized hike last seen in 1998, citing “higher and more persistent” inflation and the increased risk of those price gains becoming entrenched.

The central bank, in a regular rate decision, raised its policy rate to 2.5% from 1.5%, and said more hikes would be needed. The move was more forceful than the 75-basis point increase economists and money markets had forecast.

….”With the economy clearly in excess demand, inflation high and broadening, and more businesses and consumers expecting high inflation to persist for longer, the Governing Council decided to front-load the path to higher interest rates,” the bank said. [LINK]

This is the actual justification from the Bank of Canada.

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During an extensive opening monologue on Tuesday evening, Fox News host Tucker Carlson walked through the origin of the modern American push for a transformation in the U.S. energy system; as outlined in the Green New Deal advocacy of Alexandria Ocasio-Cortez, and how Joe Biden is implementing the agenda by executive fiat.

The Green New Deal is domestically to the U.S. as the Build Back Better agenda is to the rest of the western nations who follow the instructions from the World Economic Forum. Collectively the economies of western government are starting to collapse as the underlying energy policies (climate change) are being implemented.

Carlson walks through several examples of countries who have tried and failed to switch from oil, gas and coal to the “green renewable” energy programs. Everything from farming to home heating is now under attack by the governmental energy policies of western nations.  Civil society is starting to collapse in according to the schedule of the nations who have tried to transition.  Perhaps the worst part about it, is that western politicians -like Joe Biden- do not care how much damage is done, they are doing it anyway. WATCH:

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Something has to change, and soon.  As a nation we are going to self-destruct if we do not stop this mad effort to use windmills and solar energy as alternative power sources to oil, coal and natural gas.  Already there are signs that states like Texas are bordering on an energy crisis because there is not enough wind to power their windmills.

From the complete restructuring of farming under the guise of climate change (the intentional shift to eating bugs and lab-grown meat), to the complete collapse of stable energy as a result of chasing climate change goals, we are fast approaching the point of no easy return.

We are not going to like the civil unrest and national instability that comes along with public desperation.

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Eva Vlaardingerbroek is a GB News correspondent and conservative voice from Holland.  In this interview segment with NTDNews Ms. Vlaardingerbroek outlines what is happening in the Netherlands with the Dutch farm protests and how it connects to the larger Agenda 2030 goals.

In the last 20 seconds of the segment, Vlaardingerbroek has some solid advice for Americans.  WATCH (2 mins):

https://youtu.be/nQ-dIFyYXPI

To really get a strong reference point for how the global ruling elites at the World Economic Forum think about farming and climate change, which includes the brain trust at the World Health Organization, I would urge you to read THIS ARTICLE from the Irish Farmers Journal.

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