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.
The Biden administration is desperate to get to June when they can start to cycle through the anniversary of the 2021 inflation spike beginning and start to see annual inflation comparisons level off. 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.
That’s the unspoken background behind Janet Yellen’s statements to CNBC where she says, “We’ll have to put up with inflation a while longer.” It’s all about kicking-the-can until the statistical comparisons lessen, nothing more. WATCH:
When we reviewed the last inflation report at 8.5% we noted, “We will need to watch the service side closely now to see if consumers start to lessen travel, entertainment, and other service side expenses.” We are starting to get the first signals of serious trouble on the service side now.
(USNews) – […] S&P Global said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, fell to a reading of 55.1 this month from 57.7 in March. That reflected a moderation in activity in the vast services sector.
It was obvious when the J6 Committee began using their unilateral subpoena authority to demand phone records, text messages, documents and emails, that part of their plan was to leak/release internal GOP discussions amid politicians that would anger the MAGA voters ahead of the 2022 midterm elections.
Part of the J6 goal is to create division and sow animosity amid the Republican Party. DUH.
However, what the J6 Committee doesn’t seem to realize is that MAGA voters already know the scheming, conniving, duplicitous rats within the Republican political ranks. Heck, we already hate most of them, so outing Kevin McCarthy as a slimeball is about as surprising as sunrise. DUH²
The MAGA and D-MAGA base have so much experience hating the professionally Republican RATS, there just isn’t a lot that’s going to surprise us.
Factually, the Republican Party is a structural institution, and as a consequence, all the professional people within it are vessels to accomplish a goal – nothing more.
Donald Trump was/is not just our candidate, he’s our murder weapon; the GOPe is our victim. DUH³
Not surprisingly, the New York Times runs a column intended to show Republican voters how much the Republican political leadership hate us. Are we supposed to put on our shocked face now?
The overwhelming majority of Republican voters are ‘strategic Republican voters.’ We cannot destroy the DC apparatus without a vessel to enter the swamp, so We The People chose the GOP club as the vessel to do it.
Colonel Douglas Macgregor appeared on Tucker Carlson to give a brutally honest assessment of the conflict in Ukraine. Regarding the transfer of heavy weapons and artillery, Macgregor notes something many have discussed.
The logistics of sending in those weapons from western Ukraine (Poland border) to the eastern Ukraine battle encompasses a thousand-mile trek. Russia can easily hit those convoys en route, negating the supply line. Additionally, the U.S. has sent $4.7 billion in military equipment and financial aid so far (see graphic below), and we have no idea who is in control of those weapons. WATCH:
To give scale for the proxy war the U.S. government is waging in Ukraine, check out the extreme ratio of who in NATO is sending support, and how much.
Someone might want to knock Anthony Fauci down a few pegs from his high-horse position. In this brief video, Fauci was asked for his opinion on the recent federal court ruling that the CDC exceeded its authority with a federal transportation mask mandate.
According to Fauci, the CDC bureaucratic science should supersede any constitutional, legal or limiting positions by the legislative or judicial branches of government. In essence he’s saying the CDC is above the law. WATCH:
https://youtu.be/vYqeBcM4P1o
The CDC is a subservient regulatory agency just like every other agency within government and is just as subject to the laws and legal limitations of the constitution as any other agency would be. However, in the worldview of Fauci and the Branch Covidians, the power of science puts them above the law.
In semi-related news…. “Philadelphia will end its COVID-19 indoor mask mandate less than a week after reinstating it, city health officials said Thursday night.” {LINK}
In the background of politics and government interests, there has been a shadow discussion barely visible behind the opaque glass door. Today, that door opened, Barack Obama stepped out and delivered a speech. Now we get clarity on the movements CTH has been warning about.
It does not come as a coincidence that former President Obama delivered THIS speech about misinformation and disinformation amid the intelligence community effort to control information and social media. The timing tells a story, specifically the timing just a day after former Obama administration intelligence officials wrote a letter {SEE HERE} warning about efforts to break up the information control by Big Tech and Social Media.
The intelligence apparatus does not want their public-private partnership, between government and big tech social media, interfered with. President Obama steps forth to put an exclamation point in place, saying the public-private partnership he created must control the information. WATCH:
I cannot emphasize strongly enough; how close this collective demand is to a similar construct in Orwell’s 1984 prediction of “The Ministry of Truth.” Indeed, if you follow the need for government control of information its logical conclusion, these demands by the U.S. deep state architects are identical.
I also hope readers can see this speech for what it is. THIS is exactly what we were warning about when the shadows were moving feverously in the past several weeks {GO DEEP}. The catchphrases “disinformation”, “misinformation” and “malinformation” are being cited by President Obama in that speech. Where did that lingo come from? THE INTELLIGENCE COMMUNITY {SEE HERE}
At the top of all critical issues we must understand, share and keep focus on, the issue surrounding the free flow of information is the most critical.
Free speech, social media platforming, user bans, censorship, demonetization, financial targeting of Canadian truckers, Elon Musk attempting to purchase Twitter, our ability to communicate, the culture war, the digital identity issue, heck, even you being able to read this, all of it surrounds the central component of information.
This is the big war. Controlling, labeling, emphasizing, downplaying, removing, information ; everything else is downstream from this fight.
Ukrainian President Volodymyr Zelenskyy told the International Monetary Fund today he needs $7 billion per month in global subsidy in order to supplement the economic losses currently being incurred.
(VIA CNN) – “Ukrainian President Volodymyr Zelensky said on Thursday that Ukraine needs $7 billion per month in financial assistance to make up for the economic losses from the war.
In a virtual address to a World Bank forum, Zelenksy also said that it would take “hundreds of billions of dollars” to rebuild his country later.
He said every country must be prepared to break all relations with Russia and that Moscow should “immediately” be excluded from all international financial institutions including the IMF and the World Bank.” (link)
There is still doubt if Elon Musk really does want to purchase the Twitter social media platform. However, Musk himself seems to be putting a lot of his own credibility on the line as he announces the construct of his $46 billion purchase proposal.
It looks like Musk has created a second alternative to the purchase if the Twitter board of directors refuses the original offer. Within the secondary construct, a tender offer, Musk would be able to bypass the board and go directly to shareholders.
(YAHOO) – Elon Musk has secured commitments for $46.5bn (£35.5bn) that would allow him to bypass Twitter’s (TWTR) board and go directly to the social media company’s shareholders with his takeover bid.
Musk said he would personally provide $21bn of equity for the deal with another $12.5bn coming from margin loans, according to paperwork filed with the Securities and Exchange Commission on Thursday.
There comes a time when ideology runs headfirst into the monolith of unwavering reality. Today, during a press briefing as a part of the IMF World Bank Meetings [TRANSCRIPT HERE], Treasury Secretary Janet Yellen was forced to admit the sanctions against Russia have hurt the EU more than Vladimir Putin and the Russian economy.
Secretary Yellen was asked about the need for increased western government bans against Russian exports.
Yellen was faced with the discomfort of admitting the global market is still open to receiving Russian products, specifically oil and gas, and that banning the EU from receiving those products only drives the EU prices higher, which has already led to unsustainable inflation.
Key Segment:
…”Europe clearly needs to reduce its dependence on Russia with respect to energy. But we need to be careful when we think about a complete European ban on say oil imports. We want to harm Russia – that would clearly raise global oil prices would have a damaging impact on Europe and other parts of the world. And counterintuitively it could actually have very little negative impact on Russia because although Russia might export less, its price for its exports would go up.”
The EU is already experiencing massive energy price increases. Yesterday, Germany announced manufacturing price increases of more than 30% following increased energy costs exceeding 80%. The current western government sanctions against Russia are hitting the EU economy harder than they are hurting Russia as alternative customers (India, China) for Russian energy exports are still purchasing.
In essence, the EU has partly removed themselves as a customer, but the seller, Russia, is still selling; only now they are getting higher prices because the EU and U.S. are disrupting oil and energy production in an effort to chase their climate change goals.
Keep in mind…. a more assertive, deliberate, strategic and determined MAGA movement is being noticed everywhere. There are new combat rules in response to the leftist onslaught toward our children. Cold anger has turned hot. Some have called this ‘Dark MAGA‘!
Meanwhile…
Leftist favorite Netflix, is hemorrhaging users and just lost 30% of its value. Spotify just refused to renew the leftist idols, the Obamas. The ultra-leftist Disney Corp just lost their special district status in Orlando, and leftist Twitter is on the verge of a hostile ‘free speech’ takeover by Elon Musk.
The political culture wars are raging, Biden’s support amid the American people is collapsing even more, and Dark MAGA is not relenting. Now this:
CNN spent $300 million to launch a subscriber-based platform that didn’t even survive a month:
“CNN+, the streaming service that was hyped as one of the most significant developments in the history of CNN, will shut down on April 30, just one month after it launched. CNN+ customers “will receive prorated refunds of subscription fees,” the company said.”