This is an interesting interview in that International Monetary Fund Globalist Director Kristalina Georgieva seems to be laying the landscape for some truthful economic news to surface on the geopolitical level; albeit keeping up the globalist pretenses around western collective energy policy.

One of the more important points Mrs. Georgieva hits on is the reopening of China, from district level COVID bubbles as a containment feature, and the likely impact it will have on global supply chains.  Mrs. Georgieva is correct on this issue.

China continued operating their industrial manufacturing base (despite COVID) because they built strict covid isolation bubbles around their industrial sectors geographically.  However, with China lifting those isolation bubbles, there is a great potential for the manufacturing sectors to be hit hard by short to medium term virus outbreaks.  This could/will have the potential ripple effect of global supply disruptions.

In an ironic twist, ‘deglobalization’ is now a 2023 catchphrase as various nations realize having their supply chains both dependent and interconnected is not good when there are interruptions.  A new discussion centering around being dependent on China is the specific issue now being raised.  However, the globalists are isolating their viewpoints only to raw material resourcing and development.  WATCH:

[Transcript] -MARGARET BRENNAN: I want you to take us around the world and kind of us give us that global view. Let’s start in China. China has been this hub of cheap manufacturing for the world, we are all so dependent on it but right now it looks like COVID cases are exploding as they start pulling back those zero COVID restrictions. What will that mean for the global economy Longterm and short-term?

GEORGIEVA: In the short term, bad news. China has slowed down dramatically in 2022 because of this tight zero COVID policy. For the first time in 40 years China’s growth in 2022 is likely to be at or below global growth. That has never happened before. And looking into next year for three, four, five, six months the relaxation of COVID restrictions will mean bush fire COVID cases throughout China. I was in China last week, in a bubble in the city where there is zero COVID. But that is not going to last once the Chinese people start traveling.

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The New Year brings a look of forward-looking economic perspectives from major financial institutions.  Unfortunately, if the perspective of Bank of America Chief Economist Michael Gapen is reflective of the larger institutional analysis, the financial pretending is anticipated to continue.

[Side Note: Notice how they will all start talking about ‘deglobalization’ in 2023. There’s a reason for that that I will touch on in the IMF interview to follow]

Appearing on Face the Nation Gapen accurately indicates the U.S. housing market is already in a steep economic recession, housing prices falling rapidly with a considerable amount of distance to go (-30% range), and the overall housing market will likely be in this situation for around two years.  On a macro level the Bank of America indicators line up with the general housing trajectory.  From a lending standpoint, Gapen would have specific insight.

Beyond the housing sector, Mr. Gapen starts to get sketchy.  He anticipates inflation taking 24 to 36 months to lower to the norm 2% range.  That is generally in line with CTH expectations; however, nowhere in the analysis does Gapen even mention energy costs and the overall impact to the economy from energy policy.  You will note this absence will be present in almost all financial punditries.  Mentioning “energy policy’ as a cause of economic pain is a third rail amid his peer group; it is simply not permitted.

Astute readers will note the great financial and economic pretending that surrounds the Build Back Better and Green New Deal climate change agenda will not be discussed by anyone, ever. The massive price impacts, the supply side inflation pressures, are baked into the western global economic outlooks.  It is strictly verboten to talk about climate change policy being stopped, modified, reversed or even, well, gasp, removed.  WATCH:

[TRANSCRIPT] – […] BANK OF AMERICA CHIEF ECONOMIST MICHAEL GAPEN: Happy New Year as well. Thank you for having me on.

MARGARET BRENNAN: You know, a majority of voters polled by The Wall Street Journal say that the economy is going to look and feel worse in 2023. What is your forecast?

GAPEN: So I think that’s probably true. I think we’re in a situation where the risk of recession is high, may not be a deep and prolonged one. But we’re in a situation where the economy has recovered very rapidly from- from COVID, and it’s come with a lot of inflation. And the Federal Reserve is trying to slow down the economy, to bring inflation down. And in the past, more often than not, that’s coincided with some sort of recession in the US economy and the U.S. labor market. It’s not baked in. It’s not for certain. We may be able to avoid it, but I would agree that the outlook by most people who sit in the position that I do think 2023 could be a difficult year for the U.S..

MARGARET BRENNAN: So we may be able to avoid recession?

GAPEN: Yes.

MARGARET BRENNAN: Or it could be mild?

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Underreported and essentially invisible within the mainstream news cycles, a critical shortage of ordinary U.S. medicine has been growing and becoming an emergency situation for many families.  If rationing kicks in fully, be careful about what you post on social media.  Determining allowances based on political ideology is a real concern.

In a general sense the issue is mostly an outcome of the U.S. outsourcing drug ingredient procurement and manufacture to China and India.  Many companies in both of those countries have been struggling with operational interruptions as a result of COVID-19.  As supplies in the U.S. rapidly dwindle, local news media outlets are now starting to pick up on the issue.  WATCH:

(Via Fox Business) – The nationwide shortage of basic antibiotics and critical medications that treat chronic conditions and bacterial infections has become the latest issue to hit the medical world. Consequently, it is forcing many doctors to rely on alternative medicines to treat patients.

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During my trip to DC in the summer of 2020 there were a myriad of disconcerting datapoints assembled; revelations that made sense of the madness and disappointments found everywhere. However, one of the key notations for future reference was to watch the political evolution of Dept of Homeland Security (DHS) and spot the jump where the ideological outlook turns into specific government action.

With that in mind, this recent discovery of a 2010 to 2015 DHS contract to a very well-known USG defense contractor, General Dynamics Advanced Information Systems Inc., surfaces.

As many are now becoming aware, DHS is the lead agency behind all of the engagements with Twitter and other social media.

[SOURCE HERE]

The Office of the Director of National Intelligence (ODNI), specifically created as an outcome of the post-911 Patriot Act, is the pivot point on the surveillance radar sweep.

Prior to the DNI the general Intelligence Community (IC) surveillance faced offshore and swept foreign adversaries. If any threat was picked up that included the potential for domestic terrorism, the identified contact transferred from the CIA, NSA, DoD into the DOJ and FBI.  The DOJ then used the FISA Court to request transfer of targeting from foreign to domestic.

However, after 911 it was determined the national security surveillance radar needed to sweep a full 360° to include domestic surveillance.  The ODNI was the office created to manage the pivot point.  As a specific outcome of the Patriot Act, American citizens were now under the same surveillance as foreign adversaries.  The new definition of American citizens being threats to the national security state is ultimately what led to our taking off shoes at TSA checkpoints in airports.   TSA is a subsidiary agency of DHS.

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As we’ve been saying for seven months, keep watching how the globalists respond to Mexico.  AMLO doesn’t want to join the economic suicide pact known as Build Back Better, or the North American version “Green New Deal.”   This puts him in a precarious place.

This sentence from a recent financial analysis article in Reuters is telling, “concerns about a U.S. recession and a trade spat Mexico is embroiled in with the United States and Canada over Lopez Obrador’s energy policy, which critics call nationalist, muddy the outlook for the peso.”  A “nationalist energy policy”?

What exactly is a “nationalist energy policy,” and why would international financial people be having fits about it?

In the past year the Mexican peso has outperformed the U.S. dollar, in part because Mexico is not following the economic roadmap, a World Economic Forum inspired united inflationary malaise as an outcome of unified energy policy.  [Side Note: The Brazilian currency was also outperforming the western bloc and dollar; but that situation has been rectified now, Bolsonaro removed, and the central bank will start contracting the economy.]

The global financial control mechanisms now start to look at the Mexican non-compliance:

(Reuters) – Mexico’s peso, which is ending 2022 with one of its strongest performances in a decade, could have its gains wiped out in 2023 after an expected end to the Bank of Mexico’s rate hikes cycle and a possible recession in top trade partner the United States.

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In the background of international geopolitics and all things economically attached, the larger climate change agenda, the Build Back Better program, has been unfolding.

Energy driven inflation has destabilized most western economies as the various governments (politicians) and central banks (bureaucrats) work together on behalf of the corporations (World Economic Forum). All of these interests can only advance if they work together. If any individual nation breaks from the group energy agenda, their economy will thrive beyond the limits created by the BBB operation and the association of western nations.

It is with this context at the forefront where we have said to watch Mexico closely. In North America, Mexico has the least to gain from economics behind the climate change agenda. Conversely, if Mexico were to go rogue, they would gain the most. This dynamic puts Mexico in a more powerful position than most realize.

During a July 2022, meeting at the White House, Mexican President Andres Manuel Lopez-Obrador (AMLO) appeared to indicate -for the first time- his understanding of his new position as the ‘Green New Deal’ (climate change) energy agenda was being deployed by the U.S. and Canada. AMLO read from a prepared script in the oval office during a public bilateral meeting with Joe Biden. AMLO’s remarks were quite remarkable in their independence.

“In our country, we shall continue producing oil throughout the energy transition.  With the U.S. investors, we are going to be establishing gas-liquefying plants, fertilizer plants, AMLO said, striking a chord that is not in alignment with Joe Biden and Justin Trudeau.  AMLO continued, “and we’re going to accomplish this with the support of thermal electric plants and also through transmission lines to produce energy in the domestic market, as well as for exports, to neighboring states in the American union, as for instance, Texas, New Mexico, Arizona, and California.” It’s not just what he said, it’s how AMLO said it.

Keep in mind, the month before that July visit to the White House, AMLO boycotted Joe Biden’s Latin-America Summit. AMLO joined the leaders of Bolivia, Guatemala, Honduras and the tiny Caribbean state of St. Vincent in refusing to attend the Biden summit because Cuba, Venezuela and Nicaragua were blocked from attending by the Biden administration.

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Kari Lake dared to bring a lawsuit against Arizona officials for manipulating the outcome of the 2022 gubernatorial election.  Last Saturday, despite affirming the numerous issues in the election, a Maricopa judge ruled Ms. Lake failed to prove malicious intent for the failed electronic voting systems and broken chain of custody issues.

Without an admission of intent, and without evidence to prove to a demonstrable certainty the errors, mistakes and broken election procedures were intended to influence the election outcome, Judge Peter Thompson ruled against the challenge and asked the defense team to provide him with a list of sanctions against the Lake campaign.

Today, the team of Katie Hobbs asked the court for $25,050 in fines against Kari Lake and other penalties and fines the court may deem necessary to punish the plaintiff for challenging a duly certified election result.  [Today Court Filing Here]

(Via NBC) – […] Hobbs and the county asked for sanctions against Lake and her legal team after an Arizona judge denied Lake’s bid to reverse the results of the November election in a two-day trial. Lake, a prominent election denier and Trump ally, was allowed to go to trial last week with two of her 10 claims, which alleged misconduct with ballot printers and problems with ballot chain of custody.

Maricopa County Superior Court Judge Peter Thompson denied Lake’s challenge after the trial in a 10-page ruling Saturday. He said the court did not find clear and convincing evidence of misconduct that would have changed the election results. Thompson also noted that the defendants had stated their intention to seek sanctions against Lake and ordered them to file a motion for sanctions by Monday morning.

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One America News host Chanel Rion interviewed President Trump last week about a variety of current events including the Ukraine-Russia conflict, the election lawsuit in Arizona and the release of Twitter File information showing the FBI working against his 2020 reelection effort. {Direct Rumble Link}

The overall interview is interesting from the perspective of a brief glimpse into how President Trump is absorbing the current revelations and the situation our nation is facing.  In the unique way that only Trump can summarize, he cuts to the core truth of the 2020 election in the statement, “think of it, the government was fighting against a candidate?”  If all pretenses are dropped, Donald Trump is exactly correct; that’s exactly what happened.  WATCH:

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Perhaps the #1 question I see raised in our discussion is a variation on “what are we going to do about it?”

It is a profoundly understandable question, yet it would take volumes of manuscript and dozens of hours of conversation to adequately answer.  That said, the reason for the complexity of the answer is very simple.

Approximately, 72% of a healthy adult American population took an experimental COVID-19 shot as recommended by, and later demanded by, government.  That’s essentially 3 out of every four Americans.

In a recent poll of the 190,000 followers to CTH on Twitter, we asked did you take the shot?   More than 80% of the respondents said no.

In a national population where approximately 1 out of every 4 declined the shot, the CTH audience consists of a population where 4 out of 5 declined the shot. The CTH audience is essentially the inverse of the national population.  This is a context for looking at the original question.

The proverbial ‘we’ are in agreement as to the scope of the national problem.  However, ‘we’ in the larger context are in the minority.  That doesn’t mean we are powerless, nor does it mean we cannot affect the change we desire. However, that context does structure the nature of the challenge, and form the baseline for any proposal that would be considered an answer.

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Comrade proles, thankfully artful sarcasm is still not illegal.  Tucker Carlson pulls back the curtain on a congressional performance so disconnected from the priorities of the American public, that only in Washington DC could it receive a standing ovation.  WATCH:

I am thankful for Comrade Carlson.

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