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Increasingly food will be the focus of inflation. Everyone needs food, but there will be a shortage aggravated by stock-piling in China.
China is buying and CONTROLLING U.S. land and meat processing facilities.
I have no doubt they will use their control both to exploit the U.S. and CREATE a major food shortage.
i.e. By creating the food shortage, they can drive prices up.
They can extract American wealth and create unrest to destabilize the U.S. politically.
China WILL BECOME the world’s No. 1 economic power………..providing their banking system does not collapse before they can extract American wealth.
We are seeing fires in many American food priocessing plants and refineries.
We absolutely need food and energy, but the CCP is at war (undeclared) with the U.S..
Are all these fires accidental?
No accident…on the food plants…. people have to be brain dead thinking it an accident……. 18 plants in less than a month…….. like duh….. planned just like BLM
Israel knows Iran has nukes. Don’t you think they told Joe ?
But Israel wants to limit Iranian capability.
Hah! Let them run Booty Jig for Prez!
About the drugs…right on, Jimmy. Read the article below…NOTHING has changed.
Mr. Big Al Korelin,
You said when you go out you have to be very careful. And then you mentioned buying something at a store. By careful do you mean how you spend your money or something else? I tell you, I would be concerned about the crime. There are criminals everywhere in this country. This is a nation of criminals. Where I live between the incompetent state and local governments the county has a decade backlog of criminal cases. The county is simply unable to uphold the law.
It is official…we are in recession…as this Taggart fellow says…I told CFS months ago we were in a recession…
You can listen to this Wealthion fellow here…but what is a Wealthion???
Democrat candidates for 2024 ?
How about Michelle Obama —–Black and Female
or Gretchen Whitmore —- female and young…..to appeal to younger voters.
To appeal to brain dead morons.
Ptobably the most sane democrat choice would be Tulsi Gabbard.
“We are not tacos.”
As she says…”Anything is possible.”
Boys…did you pass your Queer Theories class in school???
Did you pass Drag Queen Story Hour in kindergarten???
Your Feral Resrve…(not pornography, Mr. Big Al Korelin…but close)
What MORONS our leaders are….
How many examples do you need to have shown to you that the EVIL globalists are using the insane renewable Green Energy programs to collapse economies and take over the world ?
Soros and Schwab are EVIL PEOPLE.
14 Jul, 2022 10:07
Heated debate in US Senate erupts over abortion rights for men
A Republican senator who doesn’t believe men can get pregnant was called “transphobic”
I found this surprising. Of allthe issues that need discusion this is what they decide to focus on.
Congress has a 7% approval rating……. wonder why………. LMAO………
School professor NUT JOB………… she is……. just more perverted thinking…….
Now, now b…don’t go questioning the LGBTQXYZ+++ or you will be guilty of a hate crime…
And what can you expect? Biden’s new Supreme Thug justice does not know what a woman is…because she says she’s not a biologist.
Distraction, and appealing to the looney tunes on the far left.
CCP Fosun Pharma has been involved in making the Pfizer Vaccine and now will make pills for Pfizer in America as well.
Heads up………. CHINA MAKING THE DRUG………. Fauci should be happy…..
(info on brighteon)
Watch Smugglers Guide Massive Caravans of Migrants Into US Across Rio Grande
4 hours ago (Updated: 4 hours ago)
Film @11 on sputnik. 😉
American military and money spent “defending” Ukraine, not a fellow with a slingshot at the boarder.
(at that spot anyway)
We are lucky, we get to watch an empire crumble. I bet the country ends up splitting up ,parts of the south might return to Mexico.
How long til latinoes become overwhelming?
I spent 3 months in Mexico, good people.
I AGREE with Jimmy on the TRIP………….
BOZO BIDEN,…. can only screw things up….. everyone knows he is a CLOWN…….
The Fed can raise the interest rates 1% every month and that WON’T STOP INFLATION. It will kill the economy, but because we have so much debt, we will have to print money……i.e. KILL the dollar.
The most important factor in U.S. inflation IS FAILURE TO CONTROL GOVERNMENT SPENDING.
Part of the cause of current inflation is government spending and the post-covid hand-outs and vote-buying.
But the main cause of inflation is SHORTAGE OF GOODS……mostly caused by energy reduction.
Incidentally I warned in this forum that Senile Joe’s policies were leading not only to recession/depression, but the hand-outs to buy votes and failure to curb government spending would lead to inflation.
Indeed, it was also a major failute of Trump, in that he would not control spending. (And Biden is even worse)
Production of goods and services is proportional to energy.
Reduced oil and gas production WILL CAUSE a reduction in goods and services.
Economic supply/demand theory then guarantees price increases.
I posted this yesterday…… over in mining section……
Jul 13, 2022 13:32 AM
Note from Schiff
This is very dangerous for the US Treasury. Interest cost will soon blow past $500B and then continue racing ahead. Can the Fed sit by and watch this happen? – No!
This is why the central bank will almost certainly reverse course sooner than anyone thinks. This is not something that plays out over 12-24 months. The impact is being seen now and will get stronger each and every month.
Jul 13, 2022 13:35 AM
3) The Fed is Throwing Up a Hail Mary
The Fed can talk tough, but it can’t actually fight inflation. The central bank simply can’t raise rates high enough to get ahead of the inflation curve. However, rate hikes will inevitably inflict major damage on the economy and drive us into a recession if the Fed continues along this path.
Rising interest rates are already causing big problems for a government buried in debt. In the past year, the federal government’s annual interest cost has increased from $323B to $423B. More concerning, the impacts of the recent 75bps hike and the upcoming 50-75bps hike are not even registering on this chart yet which is only updated through May!
As I have previously posted, I project the start of the banking collapse at about the autumnal equinox, this year. Alas “payment” of interest cost will be made by money printing.
(And no one except pension fund idiot managers will buy U.S. bonds)
Let’s face it…………. THE FAKE FED……. and CENTRAL BANKING has always been a problem……. along with the Clowns wanting always to be at WAR………….
Only a moron would give money to Ukraine……the regime is corrupt.
The more we learn about covid vaccines, the more we should be angry about approval prior to full testing.
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