Governments worldwide continue to suppress human liberties in anticipation of some set of circumstances

Winston Smith’s memories and his reading of the proscribed book, The Theory and Practice of Oligarchical Collectivism by Emmanuel Goldstein, reveal that after the Second World War, the United Kingdom became involved in a war during the early 1950s in which nuclear weapons destroyed hundreds of cities in Europe, western Russia and North America. Colchester was destroyed, and London also suffered widespread aerial raids, leading Winston’s family to take refuge in a London Underground station. The United States absorbed the British Commonwealth and Latin America, resulting in the superstate of Oceania.

Nineteen Eighty-Four, George Orwell – Wikipedia

The question is why now?

Note to reader: Below is a copy of the latest World Affairs Brief for your review

A scene from “The Manchurian Candidate” (1962)

As objective observers of the world’s condition, we must stop discounting any future possibility, however remote we may think it to be.

  1. I observe the sudden changes in direction to the world’s economy and monetary system since the advent of the covid response in March 2020, and contemplated why the monetary and fiscal authorities would engage in such ostensibly foolish policies. Of course, at the time I warned the reader to rapidly deploy capital into procuring income-generating assets, since the outcome to me seemed obvious.
  2. I observe the nonchalance of implementation and reluctance of the monetary authorities to recognize the adverse repercussions of their actions, and told the reader that this was not by chance.
  3. I observe the concerted effort to undermine and sabotage the global supply chain, and can’t help but think this was done with intent.
  4. I note the sudden emergence of the former Soviet Union, and remarked that its timing was not by coincidence.
  5. I have been drawing parallels between the 2020’s with the conditions of the 1930’s, and have been concluding that the world seems to be embarking on similar paths. While the names and individual circumstances may have changed, the outcome seems to be similarly inevitable.
  6. In the 1930’s, the U.S. tightened the screws on Japan until it finally attacked. The U.S. seems to be engaging in the same sort of activities against Russia in the 2020’s, which has responded by shedding its false skin and re-emerging as the new Soviet Union.

Barring some unforeseen event like wormwood or the appearance of the two witnesses, war seems to be the only logical outcome. What seemed remote just a year ago seems more likely by the day.

If we can remain focused on the ultimate outcome with regards to what is the desired objectives of 2030 and beyond, all these crises and losses of our personal freedoms make sense. We can then take preventive measures to make certain we do not easily fall victim to the planned agenda to achieve these goals. I have long reminded the reader that we still possess a great amount of control over the direction of our personal lives.

If we can remain above the propagandist distractions that our adversary throws our way, we can make the right moves financially, mentally, physically, and spiritually. Despite what we hear, there is still time, but the noose tightens every year.

With all this mind, I wanted to forward the latest issue of the World Affairs Brief. Its primary topic of discussion this week is in regards to the globalized agenda to suppress our personal freedoms and liberties. As we can see, this objective transcends national borders.



Whether it be in the U.S., Russia and the former Soviet bloc, or China, the campaign to subdue humanity is in full swing. For those of you who keep complaining that the world can never engage in a nuclear campaign against the West, especially the United States, you do a terrible disservice to your fellow patriot. There is only one reason why the governments are engaging in these tyrannical measures; the powers-that-be know something is coming and they do not want any dissent. These powers want us completely in the dark, so we cannot make the proper decisions when the time comes.

As of right now, I know of only two scenarios that could be the reason behind this quickening loss of our freedoms;

  • Economic collapse
  • War

The first one is less likely than the second.  Instead of collapse, I envision the Western economies and elsewhere shifting from a relatively free market into more of a Soviet-style command economy. While the shift has been underway for a long time, it has only accelerated in the wake of the pandemic. I look for more and more centralized planning to be promulgated going out to the end of the decade and especially after war.

It most likely won’t be from a bioweapon, as that’s been used already for maximum effect, and the globalists know that too many people have caught on. Though our loss of freedoms from the COVID scam will remain long after the world has forgotten the pandemic, the erosion of personal liberties are permanent.

There are other reasons, like an approaching asteroid and such, but I do not speculate on such outlier events.

To me, the most probable cause is an upcoming global war. To me, this makes the most sense. I am planning for it in all my actions, and you should, too. V. Putin may be dead soon, but his successor could be much worse than Stalin while making Putin look like a piker.

Despite what analysts may say, a nuclear war is winnable, and the world could absorb over 100 simultaneous nuclear bomb detonations and still cleanse itself.

May God bless my readers and may He provide for you during this growing time of trouble.


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59 thoughts on “Governments worldwide continue to suppress human liberties in anticipation of some set of circumstances

    1. Looks like BBBY is still in the game. Very high short which seems to be a catalyst for a squeeze, yet it’s highly shorted for a reason. There is never a many people at my area store. Of course that was the case with Gamestop and AMC, parking lots have been empty for many years.

  1. Philadelphia Fed “prices paid” (78.9 vs. 84.6 prev.) and “employment” (25.5 vs. 41.4 prev.) components both come in lower than expected. Not dollar bullush, but hopeful for inflation.

    Overall, the number was terrible and much lower than consensus (2.6 vs. 16).

    Perhaps there’s another manufactured crisis waiting in the wings to destroy demand and drop prices. Maybe the jabbed finally start dying off as planned.

    1. To your comment: “Maybe the jabbed finally start dying off as planned.”…

      I watched a recent interview (link below) with J Powell where he claims his intent to bring down inflation and assuage the supply shortages caused by china shutdowns, geopolitcal events and weather by monkey hammering with rates… how is that going to work out?? Further it appeared odd how he appeared like an open book for 35 minutes — usually the Fed is so scripted, tight lipped and measuring every word leaving pundits to analyze the meaning of weighty words like “if” or “possible”

      Maybe the “next one” as Kil Gates forecasts will have higher mortalities as other notables (ie former CDC head) is also weighing in on… summarized in a Mercola article with research from the ice age farmer

      Mercola article available online till midnight EST tonight:

  2. I get the emails telling me otherwise. But arguing from incredulity is not going to stop the bombs from eventually dropping.

    The whole premise underpinning the science of game theory is that players in the game or scenario are rational players.

    What if I told you that the current scenario in which the world finds itself is being played with several of the players that are not “rational”. In the sense of rational, I am saying they are not rational to you or me. Thus, the game in which we find ourselves doesn’t make sense. However, these irrational players are actually quite rational given their objectives.

    So, what are their objectives? That’s an excellent question. The answer seems to be quite obvious now and one in which we have been answering for quite some time. It’s clear that these ostensibly irrational players are actually quite rational given their objectives.

    So, next time you see a puppet politician acting in an irrational way, keep in mind that he or she is just following orders of the synagogue of Satan. The synagogue wants to blow up the world and reform it in its new luciferian image.

    I can’t help but think of the premise of 1984, where a nuclear war laid waste much of the northern hemisphere, which reshaped the entire geopolitical sphere into a horrific track and trrace system with three warring blocks.

    1. Chris, my experience with limited thinkers is that they can’t believe how the oligarchs think. First, they don’t know what an oligarchy is. Second, they don’t kn0w that the oligarchy regards “us” as a profit center–essentially a herd of livestock. Third, that the livestock are highly managed, culled or bred-up according to the oligarch’s plans for profitability. There are too many of “us.” We are breeding too fast and we are out of control.

      War and disease and privation are the culling methods. The limiteds don’t understand this. It simply isn’t on their tape. For the longest time I didn’t understand this reality. For the rest, once they do, if they do, things fall into place, as you say.

      Do I believe that the U.S. SoS is running biowar labs in the Ukraine? Yes. On the deepest level of revulsion, I think also that human meat is in the food supply—mostly “fast food.” Tens of thousands of people go missing every year. They are harvested for their organs, for meat, for sex slaves. I put nothing past the SoS.

      Thanks for continuing information on the economy.

    2. Kissinger recently was interviewed, this talk supports a lot of what you are talking about.

      He speaks of Putins’ mystic view of Russian history – something that would appear irrational to many people but something we can understand. Reading the transcript is easier than listening to Henry.

  3. Swiss Investment Firm Acquires 3,500+ U.S. Single-Family Homes For $1 Billion

    The Swiss-based private equity firm Partners Group announced yesterday that it has acquired a $1 billion portfolio of single-family rental homes located across 17 states in the Sunbelt region.

    The portfolio comprises 2,528 recently constructed single-family rentals and over 1,000 homes currently under construction. The majority of the properties are located in Texas, Alabama, Georgia and Oklahoma.

    1. Someone asked me about SBLK & GOGL.

      I think they are great buys and both pulled back today. Their PE ratios are still very low.

      There is a great article on seeking alpha about both of them.

  4. Global chaos and an energy supply shock is doubleplusgood for the US dollar. The alt media got it wrong again on this one. While the article doesn’t explicitly state that high energy prices is dollar bullish, that is a huge reason why the dollar continues to rally. The higher prices rise in the energy markets, more demand there are for dollars.

    Surging Dollar Stirs Markets Buzz of a 1980s-Style Plaza Accord

    Bloomberg) — The dollar’s skyrocketing rise has some contemplating a rare, if not unthinkable, action: major nations agreeing to manipulate the US currency until it falls.

    It has happened before — most notably with 1985’s Plaza Accord — which took place against a backdrop of soaring inflation, an aggressive Federal Reserve rate-hike campaign and surging dollar. In other words, a scene that looks a lot like today — a parallel that won’t be lost on Group-of-Seven finance ministers and central bank governors as they meet this week.

    Demand for the greenback has been relentless this year, the result of interest rates rising quicker in the US than other developed economies and the war in Ukraine prodding a stampede to the ultimate haven. The dollar’s 6.3% surge since the start of the year has clobbered the yen to a two-decade low and put the euro almost back to 1-to-1 parity with the US currency for the first time since 2002. Investors are lasering on the yen tumbling to 150 per dollar and the euro falling below 90 cents as a potential line in the sand.

  5. Jeff Bezos Increases His Bet On The Single-Family Housing Market

    The billionaire founder of, Inc. (NASDAQ: AMZN) Jeff Bezos just made his second investment in the real estate investment platform Arrived Homes during the company’s $25 million Series A round.

    Bezos’ personal investment company, Bezos Expeditions, first invested in Arrived Homes during the company’s $37 million seed round in June 2021.

    About Arrived Homes: Arrived is the first SEC-qualified real estate investing platform that allows virtually anyone to buy shares in single-family rental properties with a minimum investment of only $100.

    The company acquires rental homes and allows individual investors to become owners in the properties by purchasing shares through the platform. Arrived Homes manages the assets, while investors collect passive income through quarterly dividends in addition to earning a return through appreciation.

    1. There’s no way AMZN can remain as loose with delivery anymore. I get boxes all day long for no costs?

      How can the TGT analysts be so wrong? Holy moly!

  6. I was reading up on the mechanics of the collapse behind Terra Luna. It seems all the trouble started with major levels of transactions on a Saturday evening. It seems this was done with intent to bring the system down. I suspect this may be a dry run for bitcoin and the alts.

    Nothing will be safe except CASH!

    1. A while back I commented that BC was a prototype for digital currency and you agreed. Then you noted the timing of BC’s introduction and I believe the post 08 QE (referring to the then new monetary system) to be auspicious. You would further comment that BC (and perhaps crypto in general, gave the younger generation a place to invest money away from gold or the freshly crashed housing market – that sadly I did not partake in. Looking back and to the present time I don’t think we were wrong.

  7. A monthly look at average rent price trends across the United States.

    Whole the overall trend on the monthly and annual basis is still higher, there are pockets of price drops scattered around. The less desirable cities are experiencing problems with passing through rent increases. It seems the people want to be in the active and dynamic cities.

    While this only considers apartment units in apartment complexes, I do notice that the worm may be turning. I often get asked about owning apartment buildings and such, and for deep pocketed individuals it is usually a good way to go. I normally recommend these types of investments but, apartment buildings are different than single-family residences SFEs.

    Personally, I have stayed away from apartment complexes, since I didn’t want to go that route and felt that renting out SFRs was always an easier endeavor. This is quite true In the case of the covid pandemic as landlords who rent out SFRs can procure a better class of tenant. These tenants desire an SFR, which is why these types of properties command higher rents.

    Nevertheless, I do notice that the worm may be turning here. I personally have not bought any properties since February 2020, and may look to sell two or three in exchange for one larger one in a friendlier jurisdiction.

  8. Venezuela is much better served to ally with the U.S. Better for them, better for the U.S.

    United States To Release Venezuela From Some Oil Sanctions

    By Julianne Geiger – May 17, 2022, 2:00 PM CDT

    Washington will start to relax restrictions placed on U.S.-based oil company Chevron with regards to its crude business in sanctioned Venezuela.

    Chevron will soon be able to negotiate directly with the Venezuelan government and its state-run oil company, PDVSA, with the final details of the new arrangement expected to be complete as early as today.

    The move is thought to support the talks between Venezuela’s socialist government led by Nicolas Maduro and the Western-backed opposition government led by Juan Guaido, the Washington Post reported on Tuesday afternoon.

    1. Another interesting observation for all you conspiracy scientists. I observe the sudden relaxation of sanction policies against Venezuela and Cuba. In a post-World War 3 environment, Oceania needs to be United and the United States control it. Venezuela and the US will soon bury the hatchet. Perhaps Cuba as well.

      The script has been written far in advance.

      1. Go long property & businesses in Venezuela. Opportunities on the ground there. Assets don’t go away they just change hands. Things are on sale for the bold.

    1. the year is 2022. Soylent Green will be the answer to all of the skyrocketing commodity prices.

  9. Retail sales and industrial output power way past expectations here in the states. Manufacturing output is also gaining. Despite what people proclaim, the economy continues to power forward. Regardless of what the anti-West propaganda will claim, life in America is pretty good.

  10. I have been making countless observations over the past couple years and one thing seems to be growing with more certainty everyday. The entire global population is being conditioned to gradually come to terms and accept that there will be a global thermonuclear war.

    I don’t know when it will take place, but based on how the entire global population has been gradually reoriented and conditioned into accepting such an outcome, I would have to accept we have a few years left.

    This global thermonuclear war will achieve many of the objectives of the new world order. Religion will be jettisoned and any last vestiges of personal liberties, freedoms, and privacy will be lost until Shiloh comes.

    The outcome of which will most likely mean the arrival of Lucifer to be put forth and accepted as the true god to the survivors.

    You may think this sounds foolish, but a great majority will accept it, especially after the outcome of this conflict. The survivors will despise God for allowing it to happen and the people will seek a savior to end it all. They will get it and embrace him.

    1. Global nuclear war is the only way that America could be brought down. The synagogue of Satan wants to bring down America and bring destruction to the rest of the world so as to usher in the Anti Christ. Their plan is to create maximum chaos and then create a new world order where they control everything and the rest of humanity are brainwashed slaves. Nuclear war is not a matter of if but a matter of when.

  11. One mistake after another… At what point does a discerning person with a basic and objective economics background recognize the obvious?

    There are no mistakes here…

    Cost of living: Bank of England governor warns of ‘apocalyptic’ food prices due to war in Ukraine
    Alexa Phillips

    BoE governor warns of ‘apocalyptic’ food prices
    The governor of the Bank of England has warned of “apocalyptic” food prices, saying he feels “helpless” amid soaring inflation.

    Andrew Bailey hit back at criticism that the Bank acted too slowly to tackle inflation, blaming a “bad situation” on a series of external shocks including the war in Ukraine and the lockdown in China.

    “We can’t predict things like wars – that’s not in anybody’s power,” he said.

    He said he does not think the Bank could have done anything differently to prevent soaring prices.

    He said the conflict in Ukraine has pushed up energy prices, which are the biggest driver of inflation – while the lockdown in Shanghai has exacerbated increases in the cost of goods due to its effect on supply chains.

    Mr Bailey said the Bank also underestimated the number of people who would leave the labour market after the threat of the pandemic receded, which is leading to labour shortages that affect inflation.

  12. Canada- The pandemic housing boom is winding down. Economists forecast a 10-20% price correction

    Economists expect higher borrowing costs will lead to a significant price drop in some of the hottest markets such as the smaller Southern Ontario cities and the Toronto suburbs.

    Toronto-Dominion Bank economist Rishi Sondhi forecasts a double digit percentage decline in the national average home price over the March to December period this year. Bank of Montreal senior economist Robert Kavcic predicts a 10 per cent to 20 per cent drop in the home price index in certain regions.

    “When we speak of housing correction it’s not a question of if, but where, how much and for how long,” Mr. Kavcic said in a research note. “Suburban markets in Ontario look shakiest,” he said.

    The drop in home prices has already started in these regions. Oakville-Milton’s home price index was down 5.6 per cent from March to April on a seasonally adjusted basis, while London was off 4 per cent and Cambridge was down by 3.9 per cent, according to CREA.

    Realtors have described a sudden change in buyer sentiment. Some homes are not fetching any offers and sitting on the market for upwards of a month. That is in contrast to the first two years of the pandemic when homes drew dozens of bidders and sold for hundreds of thousands of dollars over the listed price.

    1. Someone asked me if housing in the United States could follow suit. I stated that I doubted it, because Canada had placed restrictions on foreign ownership and I don’t see that happening here anytime soon.

      By placing restrictions on foreign ownership here in the United States, it would go against the objectives of the New World Order. The goal is to get as much foreign ownership of all the assets here in the states as possible. This includes the residential housing sector as well. Get those non-English speaking foreigners coming in buying up all of the natives housing. Double plus good. Keep driving those prices higher.

      1. Besides, housing in the United States is much cheaper than up north. Housing costs in Canada is relatively punishing.

        Come to America.

        1. America is looking very good. I heard that in a few days, Canada is turning over medical rights to the WHO. Great. My relative at Health Canada says it is not likely to be successful. However the US and the UK would not cede that power. I don’t know what to make of real estate predictions in Canada – particularly in the Golden Horseshoe – Toronto and Southern Ontario. I was on a visit there last week and there were lots of people – traffic, shopping. They all have to live somewhere. I don’t have an economist view but I observe people’s behaviours. I would say with a downturn in the stock market and rising interest rates, that the boomers will have to let go of their second properties, and there may be more inventory than there is now. But there certainly are a lot of people waiting to buy. A friend of mine bought a house with her sister – one family lives upstairs, the other downstairs. People will get creative like that just to own something. I wouldn’t underestimate the immigrant community. I’m thinking about the Filipino families at the school where I used to teach. They know how to save money and support each other – grow their own food, buy used goods, trade things with each other. Very resourceful.

  13. The nihilistic propaganda is quite effective worldwide….


    ‘We are the last generation’: China’s harsh lockdowns could exacerbate population crisis

    And so when a Shanghai family refused to be taken from their home into government quarantine during the city’s sixth week of lockdown, a police officer warned them with what he thought would be a powerful threat to bring them to heel – their children’s future.

    “If you don’t obey the orders from the city government, you will be punished, and the punishment will affect three generations in your family,” the hazmat-suited police officer said, pointing his finger at the camera in a video posted on Chinese social media.

    “We are the last generation, thank you,” a young man, who is not seen in the video, replied adamantly, in an apparent suggestion he is not planning to have any kids.

  14. I thought this was an interesting analysis of the Federal Reserve’s current position.

    It’s a somewhat over my head economically, however, an insider rarely uses language like this. The author Zoltan Pozsar is a former NY Fed official, now with Credit Suisse, who is generally believed to know more about the plumbing of the financial system than anyone. Anyway, in his note he claims the Fed is likely pleased with the stock market volatility and drop, but still not satisfied. In his mind, the Fed needs to take out all of the post-pandemic stock gains (and even some of the pre-pandemic gains) in order to create a ‘demand shock’ that will take down inflation (via a recession and the ‘negative wealth effect’). It’s a little bone chilling towards the end… Gird your loins!

    1. Fits into my thesis: The SoS wants to collapse the asset markets so that independently wealthy people can’t provide for themselves. They want you to get a paycheck from a corporation or participate in the gig economy. Big companies are giving massive raises right now — an average of 20%.

      Corporations, especially tech corporations, are largely welfare at this point. They employee at least 10x as many people than they need. Most people work about 2 hours a day for 100,000+ a year. These people are selected not based on qualifications but based on loyalty to the SoS and “diversity.” A conservative will never get past the interview and be forced into the gig economy, for scraps.

      An interesting interview from Project Veritas that confirms this:

      This guy (Indian immigrant) makes 200,000 a year doing 4 hours of work a week. Twitter consistently loses money, but it would probably have 90% profit margin if it cared about profitability. Instead, it cares about distributing wealth to women, minorities, and socialists. (Some numbers to back me up: Whatsapp was a private company with a 19 billion dollar market cap when Facebook bought it. Its services were far more complex than Twitter’s. How many employees? 33 vs. 7500 at Twitter)

      1. I made a similar observation a while back. To me it seems insane how “tech” people can make the kind of money required to legitimately qualify for a house in my area (Nor Cal). The wages for the type of work seem unsustainable and that had me wondering what the end game is. Perhaps those big companies who throw money around like its nothing may do an about face when the propped up economy heads for a correction? I’m far from a financial expert and can only comment from the point of “if it smells like BS it has to be BS.”

        1. The tech companies are all about redistributing money away from white people. A company like Twitter or Facebook could fire 90% of its current workforce and pay a massive dividend. But that would benefit people who own stocks, who are largely older, white, and more conservative.

          So instead, the tech companies squander all of their revenue on their employees, who do absolutely nothing. The employees are disproportionately minorities and women, since these companies will reject white male applicants. Many are immigrants. The goal is to keep that money away from white people and give it to the the SoS’s new “WASP” class — Indians and Asians. It’s not a coincidence that every big tech company has an Indian puppet CEO with a hidden SoS ownership.

          And, yes, this trend will likely continue. A company like Facebook still makes 1.5 million per employee. I mentioned previously that the “work from home” trend was another way to sweeten the deal for tech workers and rub salt on the wounds of those who have been shut out from these sinecures. Microsoft just announced a 20% raise for its employees to sit at home.

          1. It sounds crazy, but I heard from two people I know who work directly with or around tech people say the majority are stupid. Downright idiots and frustrate the people around them that actually know what to do. And these idiots are the supervisors! Based on my personal experience, and now reading your comments, I can say you are on to something. From my own personal observations insanity can only last for so long before it breaks.

          2. It’s more nuanced than this. Working from home has been embraced because it allows these firms to recruit from anywhere. It’s hard to find good software engineers but no longer are they restricted to employees who work in California/Seattle.

            These firms also pay top dollar to attract the best talent. It’s not easy to get a job at a FANNG firm. The interview process is rigorous.

        2. I’ve been supply teaching online and talk about a job that ‘smells like BS’. Last year, virtual teachers just assigned work if absent. Now they put in substitute teachers. I’ll take the work but I think I get paid way to much to sit in my office and talk to a handful of kids. A real live classroom with 30 kids is like a 3 ring circus. I certainly earned my keep back in the day. It must be a way to engineer the collapse of the education system and funnel it into the meta verse.

          1. The goal is to isolate everybody into their little separate pods. Isolated people make poor choices and are more amenable to what they see on the screen. They are more likely to worship the image from the comfort of Their own room.

  15. Cowboys’ owner Jerry Jones ‘blown away’ by Broncos price tag of $4.5 billion

    According to Pro Football Talk, Jerry Jones is bewildered by the league’s development and how much the Broncos might be sold for. When Jones originally purchased the Cowboys in 1989, the franchise sold for $150 million. Now, the Broncos are evaluated to be worth $4.5 billion.

    The league has truly come a long way. Even in just the last four years. For comparison, the Broncos are, “about to be sold for an estimated $4.5 billion, twice the number David Tepper paid for the Carolina Panthers in 2018,” per Pro Football Talk. What makes these figures crazy is that neither Denver nor Carolina are considered big market teams. That means a franchise like the Cowboys are likely worth even more than $4.5 billion.

    With the league continuing to grow, there is no telling what will come next. There are rumblings of new franchises sprouting up in the future, but for now, that is simply speculation. With that in mind, we could be seeing a $10 billion price tag for an NFL franchise in the near future. Perhaps that will be when Jerry Jones finally sells the Cowboys?

  16. The nihilistic social reengineering is nearly complete and is perfect. Many in the younger generations see no point in planning for the future. They’ve been perfectly socially re-engineered through their Netflix streaming and all of their nihilistic programming, from their indoctrinations in the schools to the movies they watch.. These people piss away every dollar they make, because they feel it won’t matter anyway.


    Some Millennials and Gen Z have hit an ‘apocalyptic’ phase in which they don’t see the point in saving for the future

    •The New York Times reports that millennials and Gen Zers aren’t saving for the future.
    Instead, they’re spending on the now — from dinners out to new apartments to hobbies.
    •Both generations have dealt with economic instability, and stare down the existential threat of climate crisis.
    •Between two recessions, a once-in-a-lifetime pandemic, the climate crisis, and yet another new war, America’s youngest adults have already experienced a lot of trauma — and a lot of economic tumult.

    As people across the country have their own Great Realizations about work, the youngest workers seem to have decided that there’s not much merit in saving up for an uncertain future. Instead, as Anna P. Kambhampaty reports for the New York Times, millennials and Gen Zers — roughly ages 26 to 41 — are spending money on things that bring meaning to their lives.

  17. I actually respected Mr Benanke’s abilities. None of this would have happened under his leadership. He wouldn’t have allowed it. Powell, on the other hand, is a willing stooge, and he’s on for a second term.


    Bernanke says the Fed’s slow response to inflation ‘was a mistake’

    Former Federal Reserve Chairman Ben Bernanke said the central bank erred in waiting to address an inflation problem that has turned into the worst episode since the early 1980s.

    Bernanke, who guided the Fed through the financial crisis that exploded in 2008 and presided over unprecedented monetary policy expansion, told CNBC that the issue of when action should have been taken to tame inflation is “complicated.”

    “The question is why did they delay that. … Why did they delay their response? I think in retrospect, yes, it was a mistake,” he told CNBC’s Andrew Ross Sorkin in an interview that aired during Monday’s “Squawk Box” show. “And I think they agree it was a mistake.”

    Like the Bernanke Fed, the Jerome Powell-led central bank was called on to take aggressive action when the Covid pandemic hit in March 2020. Much of the response was patterned after the financial crisis moves, but to an even larger degree.

    It kept that historically loose policy in place well after the economy recovered from the crisis.

    Now, the Fed is tightening policy with rate hikes and a reduction of its bond holdings that will start in June. However, the Fed is facing criticism that it waited too long to pull back and now confronts inflation running at an 8.3% annual pace.

  18. Is gas $8/gal in Canada? Thanks Democrats for all our wonderful clean energy. At least the Republicans are gunning for the oil and gas industry.

    Pain at the pumps hits weekend overdrive with $2.09 expected

    ‘This is the highest in my life. We can’t suffer like this,’ one motorist complained.

    After going up 5 cents on Saturday, gas price are set to increase another 6 cents Sunday, which would hit a record-high $2.09 a litre, according to an energy analyst tracking national prices at the pumps.

    Move to America.

    1. Not yet, but getting there. Diesel is $2.60/litre (like $7.50 us/gal). Gas is $1.90 here this morning – about $5.50 usd/gal. Not cheap but not hair-on-fire $8/gal.

      We feel the pinch anyway, no doubt you have it better on the US side. I would move in a heartbeat, I like your side better for a lot of reasons

    1. You got that right.

      Rule number one; make no mistake about it, there are no mistakes in this conspiracy.

      Rule number two; if you think the powers that be are losing grip, getting desperate, and making mistakes, please refer to rule number one.

      Our adversary has been wildly successful. While the vast sea of humanity sees stupid people and flippantly chalk it up to a fundamental attribution error, I see perfect socially re-engineered populations and the people have been remade into the desired outcome. This includes most in The Patriot movement.

  19. I cannot emphasize enough about how the covid scam was used to manipulate monetary policy to bring all of this manufactured inflation about. This was done with military precision and now Pandora’s box is open.

    It’s so easy to pick this apart and see how it was all done.

    •From the massive unilateral transfers directly to the end users with no thought of sterilizing the money, and
    •ostensible stupidity of the central banks to fail to recognize what they had done for almost a year after the problems became obvious, to
    •the manufactured supply chain issues that continue to grow to this day.

    Each and every step of the way is being carried out with vicious intent, and I’ve already mentioned what the ultimate outcome is going to be. By the time all of this is in full view and has affected us to the max, the supply side issues will be so extreme that the nations and peoples around the world are going to want to blow up the whole thing. Yes, that is correct. Many people will say to drop the nukes and end it.

    Wheat Soars in Risk to Food Inflation as India Restricts Exports

    (Bloomberg) — Wheat jumped by the exchange limit after India’s move to restrict exports, exposing just how tight global supplies are after the war in Ukraine and threatening to drive up food prices even more.

    cation dated May 13. This drew criticism from the agriculture ministers of the Group of Seven nations, who said that such measures make the world’s crisis worse.

    Benchmark futures rose as much as 5.9% to $12.47 1/2 a bushel in Chicago, the highest in two months. Prices have surged about 60% this year, increasing the cost of everything from bread to cakes and noodles.

    The surprising thing is that India isn’t even a prominent exporter on the world stage. The fact that it could have such a major impact underscores the bleak prospect for global wheat supplies. War has crippled Ukraine’s exports, and now droughts, floods and heat waves threaten crops in most major producers.

    1. Elon Musk, Cathie Woods, Mike Saylor and the usual crypto gang is out pumping BTC full force today. So i’m expecting BTC stocks to rise a bit this week. They have a promotion where if you send one BTC to their address, they will give BTC back. LUNA went down but it would have to rebound a percentage. WEAT popped a bit and seems like it could continue along with oil stocks.

      Ukraine hoax seems to be winding down at the moment. China’s Covid lockdowns has rumors of easing soon. Unless there is some sort of negative catalyst that comes out of nowhere, this week should be better than last week. When is the next FED percent raise scheduled?

  20. IMF Raises Yuan’s and USD’s Weighting in SDR Basket Amid Weakness

    (Bloomberg) — The International Monetary Fund lifted the yuan’s weighting in the Special Drawing Rights currency basket, prompting the Chinese central bank to pledge to push for a further opening of its financial markets.

    The IMF raised the yuan’s weighting to 12.28% from 10.92% in its first regular review of the SDR evaluation since the Chinese currency was included in the basket in 2016, the People’s Bank of China said in a statement Sunday.

    The weighting of the US dollar rose to 43.38% from 41.73%, while those of euro, Japanese yen and British pound declined.

  21. Euro Is Sliding Toward Dollar Parity for First Time in 20 Years

    Why be bullish on the euro when its members are dependent on outside sources for its energy?

    United States is the world’s largest energy producer and that is also a big reason why the greenback keeps rising. These energy supply shocks are a big boon for the United States economy, and that’s why it continues to grow higher than any of its peers.

    Global chaos is doubleplusgood for the United States. That’s as long as you own income generating assets.

    1. I know many readers hate Americans and America. That’s why the adversary has established ZeroHedge for your reading pleasure.

      Just be careful not to label the CNN watchers as stupid. ZeroHedge fans are just as brainwashed.

      Thank you, ZeroHedge for keeping potential competition out of the real estate and stock markets last decade. I have truly benefited from your propaganda.

    2. I love our multicultural kingdom!

      As much as 80% of USD holdings are (were) held outside the US. I love the foreigners who come in with cash and steal housing from the native white people. I LOvE 💕 how these foreigners are looking to dump their dollars all over the natives and drive prices higher. I love how my recent competition is non-English foreigners who don’t care about the US, other than a place to park cash and make money.

      Don’t be racist, embrace your foreign friends.

      Thank you, monkeys paw!

  22. Thank you, Democrats….

    The US Can’t Make Enough Fuel and There’s No Fix in Sight

    (Bloomberg) — From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both US travelers and the wider economy. But the chief driver isn’t high crude prices or even the rebound in demand: It’s simply too few refineries turning oil into usable fuels.

    More than 1 million barrels a day of the country’s oil refining capacity — or about 5% overall — has shut since the beginning of the pandemic. Elsewhere in the world, capacity has shrunk by 2.13 million additional barrels a day, energy consultancy Turner, Mason & Co. estimates. And with no plans to bring new US plants online, even though refiners are reaping record profits, the supply squeeze is only going to get worse.

  23. The period of the 1960s through the 2010s was the time described in Aldous Huxley’s Brave New World. It was the age of the self where we all cried about was races, genders, and sexuality. It was a time where we gave in to our indulgences and lost touch with why we were here. We fought for the trivial while our souls were stripped away. It was a period in which Aldous Huxley was correct regarding humanity. The collective oligarchy gave the human livestock enough diversions and useless garbage to fight about, so they wouldn’t realize how their liberties were taken away.

    Now, we have entered the 2020s and 2030s. This is the time described in George Orwell’s 1984, where a boot will be stomping on your head forever.

  24. Power corrupts and absolute power corrupts absolutely. That paired with ephesians 6:12 tends to sum up current situation. I agree with your call to get in fighting shape. Better to go down fighting if you must go down.

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