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] 

(more…)

It’s not exactly a confidence builder when the Director of the International Monetary Fund answers the question about forward priorities by saying, “Perhaps we need to pay attention to the law of unintended consequences.”  You had one job Kristalina, one job.

During an International Monetary Fund (IMF) spring debate and discussion segment, IMF Managing Director Kristalina Georgieva, outlined her perspective against the backdrop of massive inflation caused by the global financial institutions telling government to spend money and they will print it, during COVID.  [The video is prompted to 01:04:50] WATCH:

The discussion included EU Central Bank President Lagarde, US Fed Chair Powell, Indonesian Finance Minister Mulvani – when IMF Director Kristalina Georgieva admitted they channeled their COVID fear and emotions by unsustainably printing money without pausing to think through the consequences.

Now, the world is facing massive inflation, economic contraction, looming hunger, widespread famine and a pending global financial collapse.

Their response? “Whoops.”

Not to worry, they’ll have a little wine and chocolate and figure things out.  Swear.

(more…)

Fed Governor Christopher Waller appeared on CNBC to announce we have reached peak inflation, and things will moderate from here.  All of these fed moves are political moves, not monetary policy-based moves. Here’s the thing they will never admit to the non-institutional investor.

The fed has been painfully slow to raise interest rates on purpose.  They did not make a mistake.  The reason for their delay is they needed to wait for the beginning of the first 2021 inflation wave to cycle through before they raised interest rates.  It’s a game of mirrors that almost no one sees.  WATCH:

The rate of inflation will drop once the statistical year-over-year comparisons reach the same moment in the prior year.  The fed will raise interest rates in May and then use the June inflation rate decline as a false talking point to highlight how their policy is working.  They wait for May, because they need to wait for the calendar, nothing else.  Inflation is measured as the percentage of change from the prior year.  By waiting until the inflation is measured against the first wave of rising prices, it will give the illusion of a decline in inflation.

So that’s why they waited.  But here’s the worse part….

(more…)

This is not some grand conspiracy, ‘out there‘ deep geopolitical possibility, or foreboding likelihood as an outcome of short-sighted western emotion.  No, this is just a predictable outcome from western created events that pushed specific countries to a natural conclusion based on their best interests.

You can debate the motives of the western leaders who structured the sanctions against Russia, and whether they knew the outcome would happen as a consequence of their effort, but the outcome was never really in doubt.  Personally, I believe this outcome is what the west intended. The people inside the World Economic Forum are not stupid – ideological, yes, but not stupid. They knew this would happen.

The finance ministers of the BRICS alliance (Brazil, Russia, India, China and South Africa) have decided to create their own financial mechanisms to continue trade between nations of similar disposition.  Once the internal issues inside the BRICS alliance are resolved, and once the mechanisms are created, then other nations will be able to decide to join or not.  The great global cleaving will commence.

(Reuters) – Russia, hit by Western sanctions, has called on the BRICS group of emerging economies to extend the use of national currencies and integrate payment systems, the finance ministry said on Saturday.

[…] On Friday, Finance Minister Anton Siluanov told a ministerial meeting with BRICS, which consists of Brazil, Russia, India, China and South Africa, that the global economic situation had worsened substantially due to the sanctions, the ministry’s statement said.

(more…)

There comes a time when a person has no more tongue to bite.  Joe Biden speaking to U.S. troops in Poland about “democracies at an inflection” point in history, is jaw-dropping when you consider the behavior of every western government leader over the past two years.

Once again, Joe Biden, the same authoritarian who mandated that every American worker undergo a medical procedure in order to qualify as a person who might earn a living, sits atop his high-horse and pretends that western government leaders have some inherent claim to the protection of democracy.

Given their collective behavior over the past two years, the hypocrisy of this continued talking point is beyond outlandish.

[Transcript] …”We’re in the midst of — and I don’t want to sound too philosophic here — but you’re in the midst of a fight between democracies and oligarchs.  Xi Jinping — who I’ve spent more time with, they tell me, than any other world leader — points out to me that he believes, in China, that democracies can’t succeed in the 21st century.  The reason is things are moving so fast, change is happening so quickly that democracies require consensus, and we can’t put together consensus as quickly as autocrats can.

So, what’s at stake — not just in what we’re doing here in Ukraine to try to help the Ukrainian people and keep the massacre from continuing — but beyond that, what’s at stake is: What’s — what’s — what are your kids and grandkids going to look like in terms of their — their freedom?  What’s happening?  The last 10 years, there have been fewer democracies that have been formed than we’ve lost in the world. 

(more…)

With less than a quarter of the U.S. population having any confidence in Biden’s ability to handle the Ukraine crisis [AP Poll], the installed White House occupant headed to NATO to discuss consensus opinion.

Cliff Notes from Presser – Biden was bullish about the NATO alliance, yet everyone essentially agreed to resist Ukraine’s call for them to enforce a no-fly zone in the country.  During the presser [VIDEO], Biden said he wanted Russia’s ouster from the G20 but conceded it likely won’t happen and deferred to the larger group. Biden unveiled new sanctions but acknowledged that they haven’t been and will not be a deterrent. Then said while his administration wants to get Europe to stop relying on Russian energy, he recognizes it can’t be done.

When Biden was questioned about potential food shortages, he admitted the discussion did actually take place. “With regard to food shortage… it’s gonna be real,” Biden said, while admitting the price of the sanctions is not just going to surface in Russia and Europe but is likely to show up in other nations including the United States.

Don’t downplay the food shortage issue.  The absence of food can change things very quickly.  How the various national leaders respond to food shortages, and/or prices for food that makes food insecurity a very real issue, is an unknown.  However, a food crisis -and the subsequent solutions- could change the direction of many policies.

Call me crazy or whatever, but when you watch and listen to all of these NATO members either individually or collectively, you can get the distinct impression that they’re waiting on advice from some other organization and/or entity that usually provides them instructions.

(more…)

Perhaps it’s only a lie if he believes it.  However, what Joe Biden said in front of an assembled group of G20 leaders was not only a lie, it was so transparently false that world leaders knew Biden was just making stuff up.  Truly this is such a false statement you have to wonder if the script writer was intentionally setting up Joe Biden for ridicule.

Unfortunately, none of the media fact-checkers are likely to call him out for this; but, believe me, those world leaders sitting around the table know this level of propaganda is beyond anything even Baghdad Bob would attempt.  And yes, it’s also in the transcript.

Given all of the economic impacts crushing the United States working class, Joe Biden’s team thought it would be a good idea politically for his administration to select “Supply Chain Resilience” as the U.S. selected discussion topic for the G20 group.  During his introductory propaganda remarks (obviously he did not write), Joe Biden said the following [video at 02:34]:

TRANSCRIPT – […] “Just a few weeks ago, we were able to facilitate an agreement with key unions, retailers, and freight movers to begin operating two of the largest ports in the United States that account for 40 percent of the imports on the West Coast: the Port of Los Angeles and the Port of Long Beach, California. So, we got them to move from 5 days a week, 8 hours a day, to 24 hours a day and 7 days a week.” (read more)

The Port of Los Angeles (POLA) and Port of Long Beach (POLB) have never worked 8hr/days Monday through Friday.  That is complete, abject and utter nonsense.  That statement is so far away from the truth, the light from where truth begins could not catch that statement in a year.  Even the ASL interpreter seemed to notice (see below).

(more…)

The current occupant of the United States White House, the optical head of the U.S. government, participated in a global summit to discuss climate change issues.

Apparently he fears being exposed to COVID-19 electronically, while the rest of the world leaders do not….  or something.

Apparently excerpts from former National Security Advisor John Bolton’s dossier have been released to the media.  The Bolton dossier makes some of the most outlandish claims imaginable; and only the most incredibly silly media would ever believe them.  So yeah, that’s exactly what’s happening.

One example within the Bolton Dossier comes from John Bolton himself as he wrote an article in the Wall Street Journal.  Before citing the Bolton article it’s worth remembering CTH was following every detail of the Osaka G20 meeting closely. We took notes on every background and foreground contact and meeting, because the U.S-China Osaka meeting was at a very critical juncture.   [My favorite picture from Osaka, Japan]

Bolton puts this goofball framework to the Osaka, Japan, G20:

(Wall Street Journal) […] In their meeting in Osaka on June 29, Xi told Trump that the U.S.-China relationship was the most important in the world. He said that some (unnamed) American political figures were making erroneous judgments by calling for a new cold war with China.

Whether Xi meant to finger the Democrats or some of us sitting on the U.S. side of the table, I don’t know, but Trump immediately assumed that Xi meant the Democrats.

(more…)

The leaders of the twenty-nine NATO member nations are scheduled to meet next week in London, England.  Amid consistent pressure on the member states for increased defense spending to live up to their prior 2014 promises (Wales summit); and with NATO economies in a stalled geopolitical stasis due to their attachment to China (5G telecom), Russia (Nordstream II), and Iran; this summit holds increased possible ramifications.
This NATO summit could very well expose the duplicity and hypocrisy of the EU depending on how far U.S. President Donald Trump is willing to call them out.
There are going to be a lot of nervous snake handlers around the table(s), and with the U.K. elections in the near future there is a great deal at stake. The summit is Tuesday and Wednesday.  Here’s the White House background briefing:
[Transcript] – SENIOR ADMINISTRATION OFFICIAL: Good morning, ladies and gentlemen. I just want to thank everyone for being here today, Friday after Thanksgiving.
Just up front, this call is going to be on background, attribution to a senior administration official, and there will be an embargo on the contents of this call until it’s completed.
(more…)