No credit to the CNN team for calling out the obvious; I mean, this is the same panel who redefined “insurrection” to fit their needs; however, the Biden administration’s efforts to redefine economics are so pathetic even the narrative engineers at CNN cannot support them. WATCH:
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As oft repeated, in order for severe ideologues to retain their insufferably bad policy they must pretend not to know things. However, in the case of food shortages, the pretending about the origin of the problem has severe consequences.
Vladimir Putin’s military action against eastern Ukraine had nothing to do with the severe food shortages and inflation in Sri Lanka {link}. Nor does Putin have any influence over the Dutch government trying to stop food production {link}. Additionally, Putin has no control over Justin Trudeau’s decision to limit harvest yields by blocking the use of nitrogen-based fertilizer {link}. More importantly, it was not Vladimir Putin who forced all the western politicians to sign up for a new ‘climate friendly’ energy program that is destroying the ability of western farms to generate higher yield crops.
You do not need to be a farmer to understand that nitrogen/phosphorus-based industrial fertilizer has been the reason why farm yields have generated massive amounts of food on a global basis. The United States, Canada, the U.K. and places like the Netherlands have massively increased their ability to generate food for export, in large part due to the success of improved fertilizer and crop saving modern pesticides. Take those farming advancements away under the guise of climate change and you get a global Sri Lanka.
Those western climate and energy policies create downstream consequences. The decision to chase a new global energy policy under the name “Build Back Better,” in combination with short-sighted EU sanctions against Russia, and you get food shortages. And boy howdy are they trying to avoid taking responsibility for it.
It was not Vladimir Putin who told British Prime Minister Boris Johnson and German Chancellor Olaf Scholz their proactive recommendation to switch from crop-based biofuels to human food would be blocked. That G7 decision was made by Justin Trudeau and Joe Biden. {link} Even more significantly, it was not Russia who threatened the multinational energy companies about investing in Africa for expanded natural gas supplies for their fertilizer needs. That threat came from the same western government alliance, per their instructions from the World Economic Forum group {link}.
Until people understand what is happening, we cannot correct things or even respond to them accurately. Many people don’t want to accept what is happening. Even more still believe in the Schoolhouse Rock civics they were taught in grade school and cannot accept how these ideologues operate. As long as denial remains a survival mechanism, correction is difficult.
All of the people on the monetary policy side of the economic equation are working earnestly to manage the global economy into a decline thereby slowing the need for energy production. The bankers are supporting the Build Back Better policy makers by putting the western economies into an intended contraction. Slowing the western economies helps to lower energy use and moderate/offset the extreme increases in cost (coal, oil, gas, electricity, fuel etc) the policies are creating.
Lower economic activity means less income, job security and wealth for the working class. Simultaneously, increased energy costs mean more expenses for the same workers who are losing income and wealth. This is the ‘managing’ part of their collectively “managed transition.” They are monitoring and managing the pitchforks.
In this Meet the Press segment with Treasury Secretary Janet Yellen, you will note she says “lower economic activity during this transition” is good. She also happily says businesses are taking “appropriate” action to lower their activity, because that is exactly what the central planners want. They want businesses to do less, create less, sell less, even employ less, because ultimately, they want businesses to help advance the cause of climate change by consuming less energy resources. WATCH:
The central bankers are trying to support western government policy. Unfortunately, the government policy they are under obligation to support is the fundamental energy shift, or what the World Economic Forum (Davos Group) has called the “Build Back Better” climate change agenda.
Neil Oliver uses his weekly monologue to challenge the originating precept of the Great Reset, Build Back Better or New World Order, agenda. Get beyond the talking points and every policy from within the World Economic Forum instructions boils down to the quackery behind anti-humanism.
“The so-called Green Agenda is predicated on the rape of the earth for rare minerals, lithium and cobalt and more,” he points out. “Also, metals like copper, silver and gold. The extraction of those commodities means wholesale destruction of environments,” he adds. “Before a single turbine is raised or solar panel set in place, the sites are cleared and sterilized of all life. The turbines held up by massive plunks of concrete and while in action they kill millions of birds. When they come to the end of their working lives there’s nothing to be done with the colossal blades but to bury them in vast landfill sites.” As Oliver notes all of this is being done under the hypocrisy of calling it “green”. WATCH:
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You will switch to bugs, and you will like it. After using government incentives and subsidies to build a new facility in London, Ontario, to manufacturer 9,000 metric tons of crickets for human consumption to replace cows, pigs and chickens, Canadian Prime Minister Justin Trudeau now triggers a series of nitrogen emission reduction regulations to target traditional farming.
Prime Minister Justin Trudeau is following the same roadmap as his political friend in the Netherlands, Dutch Prime Minister Mark Rutte, and the Canadian farmers are not happy about it.
CANADA – Saskatchewan and Alberta Ministers of Agriculture are expressing profound disappointment in the federal government’s fertilizer emissions reduction target.
“We’re really concerned with this arbitrary goal,” Saskatchewan Minister of Agriculture David Marit said. “The Trudeau government has apparently moved on from their attack on the oil and gas industry and set their sights on Saskatchewan farmers.”
“This has been the most expensive crop anyone has put in, following a very difficult year on the prairies,” Alberta Minister of Agriculture Nate Horner said. “The world is looking for Canada to increase production and be a solution to global food shortages. The Federal government needs to display that they understand this. They owe it to our producers.”
World Health Organization Director-General, Tedros Adhanom Ghebreyesus, declared a global health emergency for monkeypox today despite a majority of the assembled panel of experts voting 9-6 not to declare a global health emergency.
July 23 (Reuters) – The rapidly spreading monkeypox outbreak represents a global health emergency, the World Health Organization’s highest level of alert, WHO Director-General Tedros Adhanom Ghebreyesus said on Saturday.
The WHO label – a “public health emergency of international concern (PHEIC)” – is designed to trigger a coordinated international response and could unlock funding to collaborate on sharing vaccines and treatments.
Members of an expert committee that met on Thursday to discuss the potential recommendation were split on the decision, with nine members against and six in favour of the declaration, prompting Tedros himself to break the deadlock, he told reporters.
Considering that I have yet to absorb, or accept, the increasingly likely possibility of society normalizing people eating bugs, the looking over-the-horizon folks at the New York Times just, well, stopped me in my tracks. I did not have eating people on my Biden consequences bingo card.
I know Biden/Obama’s beloved Davos crowd (World Economic Forum) love to hold meetings about how their social engineering will create a “new normal” for everyone but themselves; however, I mean, c’mon, even for the furthest left this has to be a bridge too far, no?
Is the Biden era of transformational social change really going to go combine: defining “essential workers”, forced medical procedures, radical climate change, the eating of bugs and insects, post-birth abortion and chopping the genitals off children without parent consent, together with the social acceptability of cannibalism; all of it, into one term in office?
From the CTH perspective, if we accept the scale of the approaching U.S. economic pain that is clearly visible on the horizon, this narrative shift from the Associated Press and NPR, about a balancing act for U.S. policy and a corrupt Ukraine government, seems very predictable.
The average U.S. worker, and the middle class in general, is in trouble. The visible reference of bailing out the people of Ukraine to the tune of $60+ billion is legislative salt in an open economic wound caused by Biden policy. A shift is needed.
Pivoting away from Ukraine to focus on financial subsidies for Americans requires using a particular arm-distancing toward Zelenskyy from the politicians. Look, corruption.
Here we go:
WASHINGTON (AP) — Ukrainian President Volodymyr Zelenskyy’s dismissal of senior officials is casting an inconvenient light on an issue that the Biden administration has largely ignored since the outbreak of war with Russia: Ukraine’s history of rampant corruption and shaky governance.
As it presses ahead with providing tens of billions of dollars in military, economic and direct financial support aid to Ukraine and encourages its allies to do the same, the Biden administration is now once again grappling with longstanding worries about Ukraine’s suitability as a recipient of massive infusions of American aid.
The goal of this outline is to answer a frequent question about what the alignment of government and private sector officials mean when they say, “managing the transition.” Some of this is self-explanatory, some of this has been astutely explained by others (with specific reference points), yet much of this is what they cannot say publicly. So here we go.
As you are well aware the various western nation central banks including the U.S. Federal Reserve, are raising interest rates into a global economic contraction, a drop in demand. Raising interest rates into a contracting economy is counterintuitive, it runs against the expressed interest of government to grow economic conditions. However, there is a purposeful design to the contradiction. [A TLDR Version Here]
I will further expand, and hopefully this will provide information so that you can make decisions on how to protect your interests.
The central bankers are trying to support western government policy. Unfortunately, the government policy they are under obligation to support is the fundamental energy shift, or what the World Economic Forum (Davos Group) has called the “Build Back Better” climate change agenda.
Monetary policy can only impact one side of the inflation challenge. The western bankers (EU central bank, U.S. federal reserve bank, and various banking groups) are raising interest rates in order to “tame inflation” by “taming demand.” However, as you know the global economic demand has been declining for several quarters. Raising interest rates into an already contracting economy only does one thing, it speeds up the rate of economic contraction.
Economic contraction is the lowering of economic activity. Raise interest rates -in a general sense- and businesses invest less, borrowers borrow less, consumers purchase less, employers expand less, and the economy overall slows down. When the economy turns negative, meaning less products and services are produced, we enter a recession. Some businesses and employers do not survive a recession and subsequently unemployment rises.
During recessionary periods people buy less stuff, people have less income stability, and economic activity drops. When the banks raise interest rates into an economy that is already stalled or contracting, unemployment and general pain on Main Street increases. Workers are laid-off, incomes shrink, consumer spending drops and that leads to less employment. Recessions are bad for middle-class and working-class people.
However, that said, there is one benefit from a recession…. Energy use drops.
Joe Biden has pledged to increase his use of executive power in order to deconstruct the U.S. energy system and recreate a Green New Deal energy economy using windmills and solar power to generate electricity. Today, Biden kicked-off the first round of executive orders [READ HERE].
The first round of executive orders is essentially payments to low income Americans for the increased costs of Biden’s new energy programs. However, for those paying close attention, I would direct you to notice this predictable aspect in the “Fact Sheet” provided by the White House:
…”the Department of Labor’s Occupational Safety and Health Administration (OSHA) has already conducted 564 heat-related inspections, which are focused on over 70 high-risk industries across 43 states. On days when the heat index is 80°F or higher, OSHA inspectors and compliance assistance specialists are engaging in proactive outreach and technical assistance to help stakeholders keep workers safe on the job.”