All things considered, a remarkably honest article from CNBC outlines the likelihood for a wave of retail bankruptcies.   In part the issue is driven by COVID bailout and stimulus funds that inflated the balance sheets and hid the natural contraction that was taking place in the last half of 2021 through today.  However, bar far the biggest issue is a contraction in current consumer spending due to severe cost increases in housing, food, fuel and energy.

As we have discussed at length, consumer spending patterns shifted radically in the last year.

Despite the 2021 third and fourth quarter giving the artificial impression of strong demand, inventories were climbing and productivity in the manufacturing and services dropped dramatically.   In combination these two data points both indicated a contraction in demand.

The first quarter of 2022 showed a -1.5% overall GDP.  The second quarter ends next week, and the government data will be released in the last week of July.  I predict that Q2 data will be heavily manipulated in two ways: (1) manipulation of import data via the Ports of Long Beach and Los Angeles; and (2) the intentional use of a lower inflation rate than currently exists in all goods.   My best guess on the fake BEA numbers is a +0.2 to +0.5% positive GDP, thereby barely avoiding the technical definition of a recession.

That said, the CNBC article outlines a very bad scenario for retailers, as the consumer spending contraction hits their profit and loss statements.

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In this week’s discussion monologue, Neil Oliver outlines a recent push by U.S. and U.K. authorities to vaccinate children under 5-years of age.   Despite almost zero risk to their health from COVID-19 or any variant, in the U.S. the FDA has recently approved vaccinations for babies 6-months and older.

Mr. Oliver notes the risk vs- reward in this health protocol is ridiculous on its face.  There is no substantive risk from COVID19 to any healthy child or young adult, yet the government institutions of healthcare are seemingly blind to the medical evidence.   Oliver says, “leave our kids alone,” WATCH:

[Transcript] – In the USA they are jabbing babies with the COVID vaccine, six months old and upward.  Here in Britain the NHS has been targeting children at primary school – five to 11 years old – with posters and letters depicting those youngsters who submit to the procedure as ‘Superheroes’.

Smiling cartoon characters, children in superhero outfits, surely designed to persuade children as young as five years old that they might join the ranks of superheroes if they will just line up and bare an arm to the needle.

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This brief soundbite from last week is somewhat of a precursor to the points raised by Neil Oliver this week.  The financial interests of the Big Rx corporations are directly tied to government.  This is the origin of the biggest issue behind government mandating the forced vaccination program for SARS-CoV-2 and any COVID-19 variant.

The adverse medical consequences from the COVID-19 vaccination program are only just now starting to surface while the government and Rx corporations continue to hide data showing adverse impacts.  At the same time as this massive conflict of interest and general health controversy is being debated, Pfizer CEO Albert Poula says he is “almost certain” that mandatory vaccine boosters will be part of the requirement by government each year.  WATCH (1 minute):

There is something very disturbing about these people.

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Quite a remarkably telling situation when the foreign leaders of France and Canada begin to think they have some political responsibility to deliver their opinions on decisions within the United States government.

Yes, their pronouncements are fraught with stupidity considering their own national laws on abortion were/are much more stringent than the United States, but that belies the point of their insufferable arrogance.  The globalist outlook is structured around their own sense of importance.

The protestations from Macron are particularly ridiculous since France has a legal limit of 14 weeks for abortion [LINK].

Canadian Prime Minister Justin Trudeau, the same man who forced all women in Canada to undergo a vaccine requirement or remove themselves from society, took the hypocrisy of his own “women’s health” policy one step further than Macron.

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In 2006 we originally faced 20 DeceptiCons in the Senate.  They represent the right wing of the DC Congressional UniParty.  Having removed a few, and some of them died (McCain, Cochran) there are still 16 of them in office.  They are led by Mitch McConnell.

This is the same crew who vehemently opposed the nomination of Donald Trump for office.  These are the same republican senators who aligned against the Tea Party and later against the MAGA movement represented by our efforts to put Donald Trump into office.  These are the DeceptiCons we have been discussing for 16 years.  However, these are also a very sneaky bunch – notice how McConnell’s #2, John Thune, was permitted to avoid the DeceptiCon sunlight.

Today the DeceptiCons [Blunt (MO), Burr (NC), Capito (WV), Cassidy (LA), Collins (ME), Cornyn (TX), Ernst (IA), Graham (SC), McConnell (KY), Murkowski (AK), Portman (OH), Romney (UT), Tillis (NC), Toomey (PA) and Young (IN)] voted to shut down debate on the democrat senate firearm restriction and confiscation bill.  The vote to invoke cloture shuts down debate and ends the opportunity for a filibuster.  Invoking cloture, ie voting to support cloture, is a vote in support of the bill.

WASHINGTON DC – […] Ahead of the vote, Majority Leader Chuck Schumer said the Senate could pass the final bill as soon as Thursday with GOP cooperation. However, if any one of the 100 senators objects, final passage could occur as late as Friday night, briefly delaying the chamber’s planned two-week recess.

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Yes, inflation is global; mostly.  That’s because all of the western governments and their central banks followed the exact same pandemic lockdown & spending instructions from the World Economic Forum.

The plan -as outlined publicly, was for government leaders to lockdown the economic activity (supply side), then spend to subsidize and fill the losses in economic activity (demand side), then reopen the economies using the Build Back Better agenda as a reset moving the underlying energy economy away from fossil fuels.

This was the collective plan, and they all followed the exact same playbook.  This is the origin of inflation.  The BBB plan disrupted the supply side, then triggered a reopening of the demand side while the supply remained scarce.  Simultaneous to the reopening, all former energy development processes were no longer supported by investment or policy.

In the aftermath, the energy sector was fractured and combined with higher costs for the production of all goods, that’s what is continuing this upward inflation spiral.

CANADA – Canada’s annual inflation rate accelerated to 7.7% in May, the highest since January 1983, on gasoline prices, as well as services like hotels and restaurants, Statistics Canada said on Wednesday.  Analysts polled by Reuters had expected the annual rate to rise to 7.4% in May from 6.8% in April. (read more)

U.K. – Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven countries and one which underlines the severity of the country’s cost-of-living crunch.

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Fox News host Tucker Carlson, use the opening segment of his television broadcast to spotlight the most alarming threat to our democracy in recent years.  According to Capitol Hill police an extremist movement, with the full cooperation of congressional members, attempted to overthrow democracy by breaking into the Capitol last week in a carefully planned insurrection.   WATCH:

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This interview is nothing but gaslighting crazy talk from an insufferable ideologue who is responsible for managing the insane policy driven consequences of transitioning from oil, gas and coal into an era where windmills and solar panels provide U.S. electricity.  Janet Yellen is the decline manager.

Treasury Secretary Janet Yellen begins the interview by denying the U.S. economy is shrinking.  Literally in the first answer Yellen says the economy “has been growing at a very rapid rate as the labor rate has reached full employment, it’s natural now that we expect a transition to steady and stable growth.”  Obviously, in order to say the economy has been growing, Yellen needs to pretend not to know the first quarter GDP was -1.5% as measured.  But wait… it gets more ridiculous….

At 06:30 of the interview, Yellen claims with a straight face that U.S. energy policy, which includes massive amounts of new crushing regulations from Biden, is not responsible for U.S. oil and gasoline prices.   WATCH (prompted):

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Neil Oliver uses language to hack the great red pill vending machine and feed the masses.   In his weekly monologue today, Oliver notes the great resetters, the alliance of multinational corporations and government leaders, are intent on using fear and finance to build the post-covid control mechanisms over the people within western society.

Create massive costs, destabilize the people, manipulate the crisis and leave the common family left trying to figure out what is happening.  Government and bankers using fear and finance respectively; both leveraged against the people, while drumbeating the continued nonsense of climate change and the need to ‘save the planet’.  Video and Transcript below, well worth WATCHING and Reading:

[Transcript] – “Things are heating up – can you feel it?

It’s been warm in parts of Britain – although not as warm as climate crisis experts predicted. By this I mean the latest figures released by the United Nations’ Intergovernmental Panel on Climate Change – the infamous IPCC – show the world’s temperature hasn’t risen for 15 years.

According to press reports last week, politicians in Germany, Hungary, Belgium and the US – politicians who depend on climate crisis scientists’ computer modelling and predictions to justify their hugely expensive green energy policies – apparently wanted the many hundreds of scientists around the world responsible for the report to cover up the inconvenient truth that Earth’s temperature has plateaued for a decade and a half.

The report was just quietly slipped out onto the Internet instead, without press release or any other fanfare.

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There have been several videos on social media about a significant loss of cattle in Kansas due to extreme heat.  During a segment on his broadcast tonight, Tucker Carlson interviews cattleman Steve Stratford about the circumstances and the potential impact to the U.S. beef supply.  WATCH:

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