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Too Predictable – Joe Biden Begins Strikes in Yemen

Trust me, I had to dumb down this headline to avoid the Google “reputation” block.   But let me start by reminding everyone [CHECK DATE]:

[SOURCE]

{GO DEEP} – And so, it begins:

White House – Today, at my direction, U.S. military forces—together with the United Kingdom and with support from Australia, Bahrain, Canada, and the Netherlands—successfully conducted strikes against a number of targets in Yemen used by Houthi rebels to endanger freedom of navigation in one of the world’s most vital waterways.
 
These strikes are in direct response to unprecedented Houthi attacks against international maritime vessels in the Red Sea—including the use of anti-ship ballistic missiles for the first time in history. These attacks have endangered U.S. personnel, civilian mariners, and our partners, jeopardized trade, and threatened freedom of navigation. More than 50 nations have been affected in 27 attacks on international commercial shipping. Crews from more than 20 countries have been threatened or taken hostage in acts of piracy.  More than 2,000 ships have been forced to divert thousands of miles to avoid the Red Sea—which can cause weeks of delays in product shipping times. And on January 9, Houthis launched their largest attack to date—directly targeting American ships.

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Tucker Carlson Outlines the Farmers Protest, the Biggest Protests in German History

Nice to see Tucker Carlson bringing attention to the biggest protests in modern German history.  Eva Vlaardingerbroek left the Netherlands to provide support for the farmers in Germany.   WATCH:

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German Farmers Begin 8 Day Massive Protest Against Increased Government Taxation and Alarmist Climate Agenda

You will likely hear the term “farm subsidies” as Western media claim the German farmers are protesting the decisions by government. However, what they are protesting is not a hand-out of government funds, but rather the addition/increase of taxes for diesel fuel and farming equipment.

The planned eight-day countrywide protests by agricultural workers began today. The actions include motorway blockades and are described by the head of the farmers’ association as “the like of which the country has never experienced before.” The government is planning to increase taxes on Diesel fuel and farm equipment as part of the German “Build Back Better” climate agenda.

Additionally, you might remember the Canadian “trucker protests,” when Prime Minister Justin Trudeau and his left-wing government tried to deflect attention from the justified motive of the truckers by claiming they were Nazis and part of the right-wing extremist conspiracy to destroy government. Well, that same approach is taking place in Germany with government officials claiming the German farmers are backed by right-wing Nazis.

BERLIN, Jan 8 (Reuters) – German farmers kicked off a week of nationwide protests against subsidy cuts on Monday, blocking roads with tractors and piling misery on Chancellor Olaf Scholz’s coalition as it struggles to fix a budget mess and contain rising far-right forces.

Convoys of tractors and trucks gathered on roads in sub-zero temperatures in nearly all 16 federal states, while protesters clashed with police and leading politicians warned that the unrest could be co-opted by extremists.

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Canada’s Speaker of House Resigns After Leading Chamber Celebration for Nazi War Criminal with Trudeau and Zelenskyy

As hard as it might be to believe, Canada gave 98-year-old Nazi war criminal, Yaroslav Hunka, a standing ovation in the House of Commons.  Speaker Anthony Rota drew attention to Hunka and introduced him as a war hero who fought for the First Ukrainian Division.  However, the First Ukrainian Division also was known as the Waffen-SS Galicia Division, or the SS 14th Waffen Division, a Ukrainian unit of Nazis under the command of German Nazis.

Earlier today, as a result of the world discovering that Canada was harboring Nazi fugitive Yaroslav Hunka, the Polish government requested his return to Europe to stand trial for war crimes.  The entire episode has become a major political embarrassment for Canada.  Moments after Poland sent their letter to Canada, the Speaker of the House of Commons resigned.  WATCH:

From fighting Nazis, to giving them a standing ovation in the Canadian House of Commons.  Quite an arc of history here; where arc’s might be shaped like pretzels.

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Tucker Carlson Outlines the Ramification of Trillions in U.S. Treasury Bonds No Longer Needed as Global Securities

For his opening monologue and first interview tonight, Fox News host Tucker Carlson outlined the ramification of non-western nations now trading in alternative currencies to the U.S. dollar.   {Direct Rumble Link Here]  As the dollar diminishes in value, and as an outcome of Biden using U.S. treasury bonds as part of the sanction regime against Russia, various non-western nations now perceive holding dollars as exposing themselves to risk.

Carlson is joined by Luke Gromen who accurately notes the dollar as a global trade currency may continue, but foreign nations holding U.S. treasury bonds as an asset will likely start contracting.  The result of U.S. treasury bonds returning after maturity with no repurchase, would be an inability of the U.S. to borrow against their sale. This could, perhaps likely will, severely diminish the amount of money the U.S. congress can spend.  WATCH:

None of this should come as a surprise to those who have paid attention. Factually, in March of last year, one month after the Russian sanctions were announced, the International Monetary Fund’s (IMF) Deputy Managing Director said the sanctions against Russia are likely to undermine the US dollar’s global dominance as a trade currency.  Everyone could see this coming.

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U.S. Defense Dept Commemorates One-Year Anniversary of Ukraine Conflict with Potential for Further Troops on NATO Eastern Flank

Following upon the heels of Joe Biden attending a meeting of NATO’s “eastern flank” partners, colloquially known as “the Bucharest-9”, and against the backdrop of China stepping into the picture with “no separation” support for Russia, the Pentagon is noting the anniversary of the Ukraine conflict by indicating additional U.S. troops maybe needed on the NATO eastern flank.

It is important to mention that Ukraine is NOT a NATO country.  The U.S. and Western media tend to avoid noting this uncomfortable fact, but NATO has no obligation to defend Ukraine.  Some might ask why NATO is even involved at all.

With that in mind, France 24 notes there is a possibility of a brigade sized reinforcement group inbound to this region [LINK HERE].  The Pentagon press release is below:

(Pentagon) – […] In response to the most urgent danger to European security since the end of World War II, we have moved swiftly with our allies to further unify and strengthen NATO. The Alliance has bolstered its defenses on the Eastern Flank. Meanwhile, the United States has deployed or extended more than 20,000 additional U.S. forces to Europe and forward-stationed the first permanent U.S. forces on NATO’s Eastern Flank. NATO is more united than ever, and the U.S. commitment to defend every inch of allied territory remains ironclad.

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Achtung! Producer Prices in Germany Jump 7.9 Percent in August to 45.8 Percent, Highest Jump in Prices in History of German Economy

The statistics behind the energy impact upon the German economy, the largest economy in the European Union, are almost unfathomable in scale.  There is no way for the German industrial economy to continue with this level of price pressure.  Stick a fork in the current creation of German industrial products and exports, the inflection point of feasibility for continued production has been crossed.  They are done.

According to release statistics from the German economic ministry, energy prices in August were more than double the same period last year, up 139%.  The monthly increase was more than 20.4% higher than July.  Additionally, producer prices for electricity rose 174.9% compared with August 2021 and by 26.4% in a single month.

This jaw-dropping increase in energy cost has resulted in German manufacturing prices for industrial goods jumping 7.9% in August alone, with a year-over-year increase in the cost to manufacture goods at 45.8%.  That is the highest rate of price increase since Germany began recording their statistics in 1939.

BERLIN, Sept 19 (Reuters) – German producer prices rose in August at their strongest rate since records began both in annual and monthly terms, driven mainly by soaring energy prices, raising the chances that headline inflation will surge even higher.

Producer prices of industrial products increased by 45.8% on the same month last year, the Federal Statistical Office reported on Tuesday. Compared to July 2022, prices rose 7.9%, it added.

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Panicked Germany Seizes Russian Energy Company Rosneft, Uses National Trusteeship to Control Oil Refinery – The Current Economic Outlook of Europe, Full State Control of Critical Energy Production

Welcome to the new “democratic norms” in the industrialized west as Germany seizes the private assets of Russian owned energy company Rosneft; because oil refining is critical to fuel prices and German has just realized their vulnerability.

Within this new Build Back Better system, driven by the policies of western nations, it appears things are changing quickly.  Democracy or capitalism in Germany is now quickly dispatched, as socialism -state control- becomes the priority.

Heck, I’m old enough to remember when everyone decried China’s authoritarian economic model for doing the exact same thing as Germany (a few months ago).  But, well, we must pretend not to notice these things comrades….

(Reuters) – BERLIN, Sept 16 (Reuters) – Germany took control of a major Russian-owned oil refinery on Friday, risking retaliation from Moscow as Berlin strives to shore up energy supplies and meet its European Union commitment to eliminate Russian oil imports by the end of the year.

The economy ministry said it was putting a unit of Russian oil firm Rosneft (ROSN.MM) under the trusteeship of the industry regulator and taking over the business’ Schwedt refinery, which supplies 90% of Berlin’s fuel.

“This is a far-reaching energy policy decision to protect our country,” Chancellor Olaf Scholz told a news conference to present the government’s plans to put the Schwedt refinery under the control of the Federal Network Agency regulator. (read more)

Who knew economic security was national security?

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First Major German City Turns Off Hot Water and Public Building Electricity to Save Gas

Hanover, a city in the northwest of Germany, has become the first major metropolitan area to try and reduce the use of natural gas by removing hot water from public buildings.  The move comes as natural gas supplies from Russia are reduced to 20% of capacity.  Germany is attempting to fill up storage facilities of natural gas in order to survive the winter.

Germany, together with several European countries, are telling their citizens to expect large increases in their electricity bills as energy costs continue to skyrocket.

Germany does not have any LNG terminals to receive shipments of natural gas into ports, they are dependent on pipelines from Russia.  They are urgently trying to reduce the current amount of natural gas being consumed.

(Via Daily Mail) – […] Other desperate gas-saving measures include switching off public fountains and blacking out night-time lights on major buildings such as the town hall and museums. The city’s mayor, Belit Onay, spoke of an ‘imminent gas shortage’ that meant they had to reduce the city’s energy consumption by 15 per cent.

[…] There will also be a ban on portable air conditioners, heaters and radiators among the general populace as the average German begins to pay a price for standing up to the Russian dictator.

[…] Germany, like most of Europe, has been enjoying a hot summer which should soften the blow of the cold showers, but public officials are introducing the measures now in fear of what awaits them when the season turns.

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To Lower Natural Gas Use World’s Largest Chemical Company Announces Making Less Ammonia, Fertilizer Production Will Shrink Further

The energy crisis in Germany is now a confluence of terrible events that will snowball well into next year.

The world’s largest chemical company, BASF, has announced they will cut down the production of ammonia in order to use less natural gas.

In the short term this will help Germany build up natural gas supplies to survive a cold winter with predicted rationing still planned.  However, in the long term the shortage of ammonia means less fertilizer which will mean future shortages and increased costs for farmers; ultimately creating lower yields next year.

FRANKFURT, July 27 (Reuters) – Germany’s BASF (BASFn.DE), the world’s largest chemical company, is cutting ammonia production further due to soaring natural gas prices, it said on Wednesday, with potential ramifications from farming to fizzy drinks.

Germany’s biggest ammonia maker SKW Piesteritz and number four Ineos also said they could not rule out production cuts as the country grapples with disruption to Russian gas supplies.

Ammonia plays a key role in the manufacturing of fertiliser, engineering plastics and diesel exhaust fluid. Its production also yields high-purity carbon dioxide (CO2) as a byproduct, which is needed by the meat and fizzy drinks industries.

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