GOV/MIL Main "Great Reset" Thread

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=5mXQtjmhz2s

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The Economic Ninja

The economic ninja talks about inflation and how the worlds economy is crashing.

(Japan selling US Treasuries to buy Yen and prop up their Yen. This has pushed up our 10 year bond. Plus climbing interest rates have pressured our mortgage rates and real estate market. England's pound has collapsed relative to $ value and has also impacted Treasuries. China is selling Treasuries to buy Yuan. He looks for the Euro to go soon.

Yom Kippur Oct 6(?) is the end of the immediate cycle period of Schmitah. He expects companies to go bankrupt, impacting supply lines thereafter. There will also be more geopolitical turmoil. Get food to store, get rid of your debt. own pm.)

^^^^
View: https://www.youtube.com/watch?v=HUgTfZPSFis
48:20 min

It's Happening Now!​

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The Economic Ninja

(...more He says there is about to be rapid deflation.)
 
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marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=-8JkkVVons0
7:07 min

‘Terminator vibes’: Elon Musk unveils Tesla's humanoid robot​

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Sky News Australia

Sky News technology contributor Djuro Sen says it looks like Elon Musk’s humanoid robot, called Optimus, has a “little way to go”, after the tech billionaire showcased a prototype at Tesla's AI Day. “It has a bit of 'Terminator' vibes about it,” Mr Sen told Sky News Australia. “It is early days yet but he’s hoping to ramp it up and sell units for twenty thousand dollars US, like, saturate the market, which doesn’t currently happen with a humanoid robot. “It would go around and help you in your daily chores – so it could do the gardening, it could pick up things, those sorts of stuff.”
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=ldlwMwUaT4w
9:42 min

China Battles America for Control of Pacific Islands​

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China Uncensored

China and the US are battling over the Pacific. As US attention strayed from the region, China crept in, wooing Pacific island leaders with promises of investment and trade. In this episode of China Uncensored, we look at China's strategy for taking the Pacific, why the Pacific is so coveted, and what it means for the international balance of power.
 

marsh

On TB every waking moment

marsh

On TB every waking moment
(UK )
Glasgow Scotland 30.09.2022 #StopAgenda2030 #NoWar .31 min

GLASGOW SCOTLAND 30.09.2022 #STOPAGENDA2030 #NOWAR​

(Price hikes on energy fuel Scottish separatists)

^^^
(France)
1.10.22 Paris France Protest against inflation #StopAgenda2030 #Freedom .31 min

1.10.22 PARIS FRANCE PROTEST AGAINST INFLATION #STOPAGENDA2030 #FREEDOM​

^^^^
(Australia)
1.10.22 Melbourne Australia.. Freedom Rally 1:13 min

1.10.22 MELBOURNE AUSTRALIA.. FREEDOM RALLY​

^^^^^
(Germany)
30.09.22 Berlin Germany .. Peace, Freedom, Self-Determination .. 1:00 min

30.09.22 BERLIN GERMANY .. PEACE, FREEDOM, SELF-DETERMINATION ..​

 

marsh

On TB every waking moment

marsh

On TB every waking moment

'Range Anxiety' - How Far Can An EV Go On One Charge?​

SATURDAY, OCT 01, 2022 - 06:00 PM

EV adoption has grown rapidly in recent years, but many prospective buyers still have doubts about electric car ranges.

In fact, as Visual Capitalist's Govind Bhutada details below, 33% of new car buyers chose range anxiety - the concern about how far an EV can drive on a full charge - as their top inhibitor to purchasing electric cars in a survey conducted by EY.

So, how far can the average electric car go on one charge, and how does that compare with the typical range of gas-powered cars?

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The Rise in EV Ranges​

Thanks to improvements in battery technology, the average range of electric cars has more than doubled over the last decade, according to data from the International Energy Agency (IEA).


*Max range for EVs offered in the United States.
Source: IEA, U.S. DOE


As of 2021, the average battery-powered EV could travel 217 miles (349 km) on a single charge. It represents a 44% increase from 151 miles (243 km) in 2017 and a 152% increase relative to a decade ago.

Despite the steady growth, EVs still fall short when compared to gas-powered cars. For example, in 2021, the median gas car range (on one full tank) in the U.S. was around 413 miles (664 km)—nearly double what the average EV would cover.

As automakers roll out new models, electric car ranges are likely to continue increasing and could soon match those of their gas-powered counterparts. It’s important to note that EV ranges can change depending on external conditions.

What Affects EV Ranges?

In theory, EV ranges depend on battery capacity and motor efficiency, but real-world results can vary based on several factors:
  • Weather: At temperatures below 20℉ (-6.7℃), EVs can lose around 12% of their range, rising to 41% if heating is turned on inside the vehicle.
  • Operating Conditions: Thanks to regenerative braking, EVs may extend their maximum range during city driving.
  • Speed: When driving at high speeds, EV motors spin faster at a less efficient rate. This may result in range loss.
On the contrary, when driven at optimal temperatures of about 70℉ (21.5℃), EVs can exceed their rated range, according to an analysis by Geotab.

The 10 Longest-Range Electric Cars in America​

Here are the 10 longest-range electric cars available in the U.S. as of 2022, based on Environmental Protection Agency (EPA) range estimates:


Source: Car and Driver

The top-spec Lucid Air offers the highest range of any EV with a price tag of $170,500, followed by the Tesla Model S. But the Tesla Model 3 offers the most bang for your buck if range and price are the only two factors in consideration.
 

marsh

On TB every waking moment

"Dangerously Low" Mississippi River Level May Spark Transport Chaos For Farm Goods During Harvest​

SATURDAY, OCT 01, 2022 - 11:00 AM

A drought is drying up parts of the Mississippi River, a major export channel for corn and soybeans. Barges cannot haul farm goods at full capacity because of shrinking water levels, sparking a vessel shortage that has sent transport prices to record highs. It's another headache for the American farmer this harvest season.

Bloomberg reported the crucial US water artery for the Midwest economy is experiencing critically low levels at some points due to the lack of rain. Lower water levels mean barges reduce cargo loads to improve draft, so it takes more vessels to haul farm goods which have caused a vessel shortage on the waterway.

Barge rates this past week jumped to$49.88 per ton, the highest on record and up 50% from a year ago.



The waterway is responsible for at least half of the US corn and soybean exports. The shrinking water level, barge shortage, and skyrocketing shipping costs are terrible for farmers during harvest season.

While barge scarcity and rate spikes could be "detrimental" to growers, "I'm not sure there's much we can do about it," Matt Ziegler, public policy manager at the National Corn Growers Association, said.

"The tight barge supply is problematic for grain shippers heading into harvest," the US Department of Agriculture wrote in a weekly ag report. It said soaring demand for barges during harvest time "will likely put even more upward pressure on barge rates."

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Another supply chain issue and soaring transport costs will only add to food inflation. There's no word (yet) if shipment disruptions exist because this could exacerbate the global food crisis. The world has been closely observing the North American growing season to restock food reserves after Russia invaded Ukraine, disrupting international trade flows.
 

marsh

On TB every waking moment

U.S. Pension Funds Could Face Their Own "Lehman Moment"​

SATURDAY, OCT 01, 2022 - 11:30 AM
Submitted by QTR's Fringe Finance

Last night I had the pleasure of speaking with Jason Burack from Wall Street for Main Street to offer up my updated thoughts on the Federal Reserve, the economy and the state of the world in general.

The first thing we talked about was current Fed policy, which I told Jason I thought was a case of too much, too late. I made the argument that the Fed is, as it always does, overshooting its mark, and doing so at the wrong time.

This, as I have written several times, is why I believe the market is going to be in for a serious crash at some point within the next several months. I reiterated my stance to him that the economy and stock market have not yet truly digested 3% interest rates and, when they do, there will be hell to pay.

"They're so nervous about the inflation issue, they have said 'come hell or high water, we're going to 4%'. I believe the consequences of 300bps of hikes in nine months have not even begun to be felt yet," I said.

"I think we're going to have a serious moment of real panic, probably an order of magnitude bigger than the one they just had in England," I said.

"They're going to try and ram this thing through and get us to 4% by the end of the year. The consequences will be devastating. It's going to be a wild ride."

I also talked to Jason about why I think equity markets wind up 30% to 40% lower from here easily, assuming the Fed holds its course. If the Fed does decide to pivot, it would be a different story - but for now, with the Fed holding course, I think it is inevitable that our markets run into a brick wall, relatively soon.

I laid out my most recent game theory on the Fed’s current options - including whether it will pivot or not, and how it will react to the Bank of England restarting quantitative easing - in my article I wrote on Wednesday of this week: Did The Global Pivot Back To QE Just Begin?

One of the things that we talked about that I haven’t written about is the trouble that U.S. pension funds could be in.

The Bank of England intervention this week was a result of pension funds potentially having a “Lehman Moment”. Reports noted that pension plans overseas were hastily selling bonds to try and meet margin calls, a scenario that I am certain we are not far off from here in the U.S.:

Pension schemes had been selling gilts to meet emergency collateral calls or reduce exposure, pensions advisers said.

"There are schemes running out of cash at the moment," one pensions consultant said before the BoE intervention.


From FT, here’s what scared the BoE straight:

“At some point this morning I was worried this was the beginning of the end,” said a senior London-based banker, adding that at one point on Wednesday morning there were no buyers of long-dated UK gilts. “It was not quite a Lehman moment. But it got close.”

I told Jason yesterday that I don’t think the United States is far off. All I have been reading over the last five years is how pension funds here (1) can’t meet their targets despite the market ripping and (2) were taking on leverage, managed by their obviously unqualified CIOs, to try and deploy the world’s worst carry trade and play catch-up/generate more yield.

"I think what they did in Chicago was once they failed to meet their targets - first off, several funds have turned over their CIOs - they then issued a bond or something ridiculous to try and put on this carry trade where they're going to pay 50bps on the bond and try and generate an extra 100bps of return. Some asinine, basically borrowing money to try and invest it," I told Jason. "You have nonsense like that all throughout the [pension fund] system."

"If we can't meet our obligations with pension funds when the market is screaming higher, what are we going to do now? I guarantee you there are pension funds right now already in big, big, big trouble and we just haven't seen the news yet,"
I continued. "We don't know the extent of it yet."

The fact that these funds were unable to post the returns that they needed during arguably the most euphoric bull market in history is extremely concerning. When conditions get worse for poor managers like these, like they are now, the capital destruction could be devastating.

From there, we went on to talk about how government policy has enabled terrible monetary policy and how it could play a role in upcoming elections.
We also talked about the state of Covid lockdowns, the Canadian government finally surrendering its long-coveted travel restrictions and the state of politics globally.

"I think we're going to see similar conservative populist movements throughout the world [like the one we just saw in Italy]," I told Jason.
I made the argument to Jason that the political poles (not polls) had reversed – in essence, the party that was once liberal has now become fascist, and the party that was once conservative has now become liberal.

I talked to him about how the disintegration of US cities, combined with the economic destruction and the authoritarian lockdowns put forth by the current administration are all going to be tough to ignore for voters during the upcoming midterm elections. I further explained to him that I wasn’t surprised about the results of Italy’s latest election and predicted that many other countries globally would start to soon follow suit.

My full interview with Jason lasted a little bit over an hour and you can listen to it here:

View: https://youtu.be/etOz4_SViLk
1:05:27 min
 

marsh

On TB every waking moment

California Gasoline Is Now More Than Double The Price In Texas​

SATURDAY, OCT 01, 2022 - 12:30 PM
Authored by Mike Shedlock via MishTalk.com,

California leads the nation in top gasoline prices, over double Texas, Mississippi, and Louisiana...



According to the AAA, the National Average Gas Price on October 1, 2022 is $3.80.

California lead the nation in price at $6.358 per gallon. That's more than double the price paid in Texas, Mississippi, and Louisiana. Its nearly double the price paid in eight other states.

Oregon has the second highest average price at $5.41 per gallon. That's about 95 cents less than California pays.

Mono County California has the dubious distinction of the highest county in the highest state at $6.937 per gallon.



Gavin Newsom’s Gas Price Premium

Please consider Gavin Newsom’s Gas Price Premium

Cash-strapped Americans have received relief from falling gas prices in recent weeks, but not Californians.

The average gas price in the Golden State this week surged to $6.29 a gallon—$2.50 more than the national average—and the reasons are worth distilling since Gov. Gavin Newsom wants to export the state’s energy policies nationwide.

Taxes add about 66 cents to the price of a gallon, about twice as much on average as other states. California’s cap-and-trade program and low-carbon fuel standard add roughly another 46 cents a gallon.

These climate regulations are causing refineries to shut down or convert to producing biofuels that are more profitable because of rich government subsidies. California lost 12% of refining capacity between 2017 and 2021 and is set to lose another 8% by the end of next year. Yet refineries outside of the state can’t produce its supposedly greener fuel blend.

So when California refineries experience problems, gasoline supply becomes tight and prices shoot up.

“If you’re a (refiner) on the Gulf Coast, your gross profit on gasoline is about $6.60 (per barrel of oil). If you’re in Los Angeles it’s about $101,” Tom Kloza of the Oil Price Information Service told the Mercury News.

Expect California Governor Gavin Newsom to run for President in 2024.

If you want to pay higher prices for everything, he's the man to root for.
 

marsh

On TB every waking moment

Fed "Begins To Split" On Rate Hikes As "Chaotic Market Breakdown" Looms

SATURDAY, OCT 01, 2022 - 01:00 PM

Back in early 2018, around the time the Fed was confident it could hike its way to around 4% without an accident, and with balance sheet QT on "autopilot", we first warned that every fed tightening cycle leads to a crisis.

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A few months later, in late December, this was confirmed when the Fed panicked and ended its tightening cycle very prematurely. Shortly after it started restarted (NOT) QE, which was then followed by the liquidity supernova that was the covid global lockdowns, and everyone knows the rest.

So fast forward to the start of 2022, when just as the Fed was setting off on its latest tightening campaign, we again reminded readers that "every Fed tightening cycle ends in disaster and then, much more Fed easing."

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While this warning was (again) ignored for far too long, with global central banks hiking rates no less than 294 times since Aug 2021 (vs 1302 rate cuts since Lehman), last week the Bank of England confirmed that this time won't be different when it quickly ended its QT and restarted QE ("temporarily" of course) to avoid a brutal collapse of the UK pension system (which for some bizarre reason, had been allowed to use margin to hedge duration exposure).

And while so far the Fed has shown it is confident it is immune to the crushing consequences of the biggest ever tightening cycle and reversal in global liquidity...



... recent events are starting to make some high-profile financial luminaries nervous, starting with Mohamed El-Erian, who openly agreed with us on Friday saying that an "economic accident" would precede any central bank pivot...

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... an "accident" which Bank of America's credit strategists warned could be imminent when they said that "credit stress approaching critical levels, now is the time to put emphasis on risk management", and unless the Fed slows down its hiking pace, it is about to break the all-important corporate bond market, to wit:

With credit stress approaching critical levels, now is the time to put emphasis on risk management. This means slower pace of rate hikes at immediate upcoming meetings and a potential pause subsequently, to allow the economy to fully adjust to all the extreme tightening already implemented, but still working its way through the financial system’s plumbing. Failure to do so raises the risk of credit market dysfunction, which, if occurred, would be difficult to contain and fix.

Or maybe we are wrong and the Fed is finally becoming aware that it its actions are about to break the economy and market again. That's what Charlie Gasparino reported yesterady when he tweeted that, according to several big investors, "federal reserve officials getting increasingly worried about "financial stability" as opposed to inflation as higher rates begin to crush bonds." Gasparino continued that the Fed was growing "worried about possible "Lehman Moment" with a 4% FF rate as Bonds and derivatives tied to them crash, given the enormous debt issued in just the past 3 years at super low rates. A Fed watcher told me the UK intervention was not "a one off" and the same systemic risk could happen here, which might cause the Fed to pause."

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While that may sound like a lot of wishful thinking by the "big investors" it is becoming increasingly clear that Bank of America's warning is certainly starting to resonate with Fed officials. As a reminder, the BofA team warned that to avoid "credit market dysfunction", the Fed should slower "the pace of rate hikes at immediate upcoming meetings and a potential pause subsequently, to allow the economy to fully adjust to all the extreme tightening already implemented."

It now appears that they are doing just that, because according to Bloomberg, Federal Reserve officials "are starting to stake out different views on how fast to raise interest rates as they balance hot inflation against rising stress in financial markets." Translation: here come the cold feet.

As Bloomberg elaborates, "with Fed target range now at 3% to 3.25% and only a few moves from reaching their forecast peak, officials are starting to speak differently about the urgency with which they need to get there. Hawks like Cleveland Fed chief Loretta Mester say they must keep raising rates aggressively to win the battle against inflation even if that causes a recession." However, Vice Chair Lael Brainard has offered a slightly softer assessment while continuing to stress the need to tighten policy. Brainard’s speech Friday -- the first from Fed board leadership since officials met last week -- said policy will need be restrictive for some time and avoid the risk of prematurely pulling back.

But unlike her hawkish colleagues, "she injected a note of caution about how fast they need to go, while discussing a number of ways in which the global rate-hiking cycle could spill over on the US economy." San Francisco Fed president Mary Daly also highlighted the cost of doing too much -- as well as too little -- to cool prices.

As Bloomberg notes, their comments injected a slight variation into what has been a uniformed stream of insistence from regional Fed presidents declaring unflinching resolve to crush inflation.

To be sure, the costs to the economy have already been telegraphed in the form of falling asset prices with the S&P 500 plunging 9.3% in September - the worst September since 2008 - as markets have now lost over $10 trillion from the all time high.



But it's the elusive economic collapse that is seen as the greenlight for any Fed pivot - just two days ago Loretta Mester went so far to say that not even a recession would stop the Fed from hiking further...
  • *MESTER SAYS RECESSION WON'T STOP FED FROM RAISING RATES
... a view which seems dangerously naive and ignores the political fallout (for the Democratic party) that millions of lost jobs will lead to. Furthermore, while bond and stock values have cratered, for now the financial system - at least in the US - seems to be working just fine.

But if the BofA strategy team is correct, that's about to end with a bang. Indeed, even Bloomberg brings attention to what we reported last night, saying that "Bank of America Corp. says credit stress is at a “borderline critical level” beyond which dysfunction begins. That’s something the Fed wants to avoid because market breakdowns are difficult to control and can accelerate downturns."

In any case, the growing divisions among officials showed up in their forecasts released Sept. 21 that showed 8 officials estimating they would finish the year with rates in a 4% to 4.25% range while nine were a quarter point higher. Their 2024 forecast was even more bizarre and clueless.



Another novel narrative to emerge in Brainard's speech, was her warning that it will take time for the full extent of tightening to bite down broadly across the economy, another way of arguing for some patience starting now.

“Uncertainty is currently high, and there are a range of estimates around the appropriate destination of the target range for the cycle,” she told a conference hosted at the New York Fed on financial stability. “Proceeding deliberately and in a data-dependent manner will enable us to learn how economic activity and inflation are adjusting to the cumulative tightening.”

That contrasts sharply with Fed hawks. In fact, Mester has argued aggressively against down-shifting into more deliberative policy, as officials have done in past tightening cycles when high uncertainty lead the central bank to inch rates up a quarter-point at a time. At a time when inflation is too high, and the direction of inflation expectations is hard forecast, overshooting is better than undershooting, Mester said:

“Some results in the literature suggest that when policymakers confront more uncertainty either in their data or in their models, they should be more cautious in acting, that is, be more inertial in their responses,” she said in a Sept. 26 speech. “Subsequent research has shown that this is not generally true.”

“It can be better for policymakers to act more aggressively because aggressive and pre-emptive action can prevent the worst-case outcomes from actually coming about,” she added.

Ironically, just as she read those words, the Bank of England capitulated and pivoted back to QE.

Yet while a fissure is finally emerging within the FOMC over how fast to hike to peak rates, so far not a single official is talking about easing rapidly once they get there. Labor markets are strong with forecasters estimating another 250,000 jobs added in September, while the latest inflation report was discouraging. But expect all that to change and soon, because as Bloomberg summarizes, "What ultimately determines the pace might be just whether markets remain orderly or not."

This matters because while the Fed's favorite economic indicators are backward looking and lag anywhere between 6 and 9 months, the market still anticipated key turning points and traders accordingly.

“They have made the decision they are going to tighten more rather than less, which guarantees they will over-tighten. How are we going to see it? You are going to see it in financial conditions,” said former Fed staffer, Julia Coronado, founding partner at MacroPolicy Perspectives.

“I don’t think they really understand” the risk of chaotic market breakdowns, she added. “When you say we are hellbent on being the fastest car on the road, that encourages a lot of positioning that is one way.”

And speaking of chaotic market breakdowns, it is not just the credit market that is on the edge: according to another former NY Fed staffer, and current rates strategist at Bank of America, Mark Cabana who on Friday wrote a must read note (available to pro subscribers), in which he warned that Treasury "market functioning breakdown is a growing risk & may see long-end duration sell-off + curve bear steepen. The Fed is unlikely to tolerate a UST market functioning breakdown for long; if the UST market doesn’t work, broader markets likely don’t work."

Here, one look at the record low liquidity...



... and exploding volatility in the Treasury market which was already blown above the 2020 covid crash and is on the verge of surpassing Lehman levels...



... suggests that the Fed has already lost control of the Treasury market which is no longer functioning properly. How long until the Fed admits this, and how much additional pain it will tolerate before it capitulates, is a different question.
 

marsh

On TB every waking moment

Russian Gas Stops Flowing To Italy After 'Problem' In Austria​

SATURDAY, OCT 01, 2022 - 08:00 AM

Russian energy giant Gazprom PJSC suspended natural gas deliveries to Eni SpA, Italy's largest oil company, on Saturday, reported Bloomberg.

"Gazprom informed that it is not able to confirm the gas volumes requested for today, stating that it's not possible to supply gas through Austria. Therefore, today's Russian gas supplies to Eni through the Tarvisio entry point will be at zero. Eni will provide updates in case supplies will be restored," Eni wrote in a statement on its website.

An Eni spokesperson told Bloomberg that Austria is still receiving NatGas from Gazprom:

"We are working to check with Gazprom whether it is possible to reactivate the flows to Italy."

Gazprom said NatGas flows from Austria to Italy were suspended because the Austrian operator refused to confirm "transport nominations" after recent regulatory changes in the landlocked country in the southern part of Central Europe.

It's important to note most of the Russian NatGas delivered to Italy flows through Ukraine via the Trans Austria Gas Pipeline to Tarvisio in northern Italy on the border with Austria. Before Russia invaded Ukraine, Italy imported 95% of its NatGas, of which 45% came from Russia.



Those figures are drastically different today as Italy rejiggers its energy supply chain away from Russia and finds alternative supplies of NatGas from North Africa. Before this weekend, Russian NatGas accounted for only 10% of Italy's imports. The new suppliers will help Italy boost storage levels ahead of winter.

"Outgoing Prime Minister Mario Draghi has been scouring the globe to secure gas supplies to protect Italy from potential supply interruptions from Russia, which has been putting pressure on the European Union over several rounds of sanctions in response to the invasion. Italy has been one of the most successful countries to source alternative supplies," Bloomberg noted.

Last week, Gazprom said one of two remaining routes carrying NatGas to Europe -- via Ukraine -- was at risk because of legal issues.

Today's news comes days after underwater explosions damaged Gazprom's Nord Stream system in the Baltic Sea. And less than a day after Russia annexed four regions in Ukraine, as well as Ukraine, applied to join NATO.
 

marsh

On TB every waking moment

Collapse In Money Supply Is Still A Major Risk For The Market​

SATURDAY, OCT 01, 2022 - 07:30 AM
Via SchiffGold.com,

Money Supply growth was barely positive in August at $2B and sits well below the $233B seen last year. As the chart below shows, Money Supply growth has collapsed since February. Last year started with five straight months above $200B, whereas 2022 has only seen one month above $100B and that was January.


Figure: 1 MoM M2 Change (Seasonally Adjusted)

Figure 2 below shows the non-seasonally adjusted money supply which is a bit more erratic. Even with the increased volatility, it is very clear that there is far more weakness in the Money Supply in recent months. From this view, August was the strongest month since March but is still very slow.


Figure: 2 MoM M2 Change (Non-Seasonally Adjusted)

The latest month is actually slightly above the 6-month average growth rate (0.1% vs 0%). This is still way below the 1-year growth rate of 4.1% and well below the three-year annualized growth rate of 13.3%.


Figure: 3 M2 Growth Rates

When looking at the average monthly growth rate, before Covid, August historically expands at an annualized 8.4%, the highest month of the year. This year looks anemic by comparison.


Figure: 4 Average Monthly Growth Rates

The Fed only offers weekly data that is not seasonally adjusted. As the chart below shows, we have been seeing more frequent weeks of negative growth. It was only the latest week that drove the month to be positive.


Figure: 5 WoW M2 Change

The “Wenzel” 13-week Money Supply

The late Robert Wenzel of Economic Policy Journal used a modified calculation to track Money Supply. He used a trailing 13-week average growth rate annualized as defined in his book The Fed Flunks. He specifically used the weekly data that was not seasonally adjusted. His analogy was that in order to know what to wear outside, he wants to know the current weather, not temperatures that have been averaged throughout the year.

The objective of the 13-week average is to smooth some of the choppy data without bringing in too much history that could blind someone from seeing what’s in front of them. The 13-week average growth rate can be seen in the table below. Decelerating trends are in red and accelerating trends in green.

Growth has now collapsed to -2.23%. Ironically, the trend is currently moving up from the -2.57% seen 4 weeks ago. That had been the lowest reading since April 1993. The string of consecutive negative or zero growth in Money Supply ended at 29 weeks. That being said money supply growth is still negative.


Figure: 6 WoW Trailing 13-week Average Money Supply Growth

The plot below helps show the seasonality of the Money Supply and compares the current year (red line) to previous years. For the months of August and September, this is the slowest 13-week Money Supply growth ever recorded.

The chart below goes back to 2005 and the current growth rate is below every single period on the chart and below any other data point for this time of year, even edging out 2009 (-2.2% vs -1.7% back then).

Wenzel often commented on his ability to guess the timing of the 2008 stock market crash based on the Money Supply that year falling from 11.6% to 0% in a matter of months. In 2022, growth has slowed from 12.2% to -2.27% in less than 6 months. Not to mention the collapse from 64% seen in 2020.

More importantly, is that it’s not picking back up. It’s moved up a bit from the August lows, but it’s still negative! This is a major slowdown in Money Supply and could pose significant headwinds for the stock market and economy.

Figure: 7 Yearly 13-week Overlay

Behind the Inflation Curve

To combat rising prices, the Fed would need to undo most of the money it has created over the last several years. This would require bringing interest rates above the rate of inflation.

The Fed has been talking a huge game, but everyone should know they are bluffing! They can’t actually raise rates or they would have by now! The chart below shows that the Fed has never been further behind the inflation curve despite the “jumbo” interest rate hikes seen so far.

The blue line below (Fed Funds Rate) has almost always gotten above the black line (CPI) to force inflation back down. The one anomaly was in 2011 after the Great Recession. The mainstream is now assuming this is the norm (i.e., a recession alone will slow inflation), but the chart below shows that it’s far more common that interest rates must exceed inflation to bend the curve back down. The recent period has made the Fed complacent. This is very dangerous!


Figure: 8 YoY M2 Change with CPI and Fed Funds

Historical Perspective

The charts below are designed to put the current trends into a historical perspective. The orange bars represent annualized percentage change rather than the raw dollar amount. The current slowdown can be seen on the right side.

If a few months of M2 slowdown can cause this much pain across the economy (stock market, real estate, bond yields, etc.), how much carnage would unfold in a prolonged fight against inflation where M2 had to shrink consistently for months?


Figure: 9 M2 with Growth Rate

Taking a historical look at the 13-week annualized average also shows the current predicament. This chart overlays the log return of the S&P. Mr. Wenzel proposed that large drops in Money Supply could be a sign of stock market pullbacks. His theory, derived from Murray Rothbard, states that when the market experiences a shrinking growth rate of Money Supply (or even negative) it can create liquidity issues in the stock market, leading to a sell-off.

While not a perfect predictive tool, many of the dips in Money Supply precede market dips. Specifically, the major dips in 2002 and 2008 from +10% down to 0%. The economy is now grappling with a peak growth rate of 63.7% in July 2020 down to -2.25%. This is a major collapse.

The market finally got a rebound off the summer lows, but that is looking like a dead cat bounce. The chart below shows that a full market collapse cannot be ruled out!

Please note the chart only shows market data through September 5 to align with available M2 data.


Figure: 10 13-week M2 Annualized and S&P 500

One other consideration is the massive liquidity buildup in the system. The Fed offers Reverse Repurchase Agreements (reverse repos). This is a tool that allows financial institutions to swap cash for instruments on the Fed balance sheet.

Current Reverse Repo are now approaching $2.5T with $2.35T recorded as of Sept 22. The value always tops out at quarter end so there should be a new peak on Friday. These numbers dwarf the old record of ~$500B in 2016-2017.

Bottom line, even though M2 has slowed there is still trillions of dollars in liquidity sloshing around. New money will not be available to prop up the stock market, but excess liquidity is still available to bid up prices and keep inflation elevated.


Figure: 11 Fed Reverse Repurchase Agreements

What it means for Gold and Silver

The market is currently experiencing an epic collapse in the Money Supply growth rate. Based on historical data, August is typically when Money Supply growth reaches the bottom. However, the increase seen so far in September has been anemic at best.

The Fed is playing with serious fire. They are raising rates and crashing the money supply, but they have not come close to undoing all the damage done in 2020 and 2021 (much less the last decade). They are going to break something very soon and then what? There is still too much money circulating to bring down inflation.

When something breaks the Fed will pivot and step in. They won’t stand by and watch the global economy explode. When they pivot and inflation is still well north of 2%, gold and silver could take off like a Rocketship.
 

marsh

On TB every waking moment

"Gone In 30 Minutes" - Next On Europe's Doomsday List: Collapse Of Cell Phone Networks


SATURDAY, OCT 01, 2022 - 09:00 AM

It's not just heating that could be missing across Europe this winter: cell phones may be the next to go. That's because if power cuts or energy rationing knocks out parts of the mobile networks across the region, mobile phones could go dark around Europe this winter according to the latest doomsday reporting from Reuters.

While everyone knows by now that Europe's chances of rationing and power shortages have exploded ever since Moscow suspended gas supplies, in France, the situation is even worse as several nuclear power plants are shutting down for maintenance. And the cherry on top: telecom industry officials told Reuters they fear a severe winter will put Europe's telecoms infrastructure to the test, forcing companies and governments to try to mitigate the impact (i.e., more bailout demands).

The problem, as four telecoms executives put it, is that currently there are not enough back-up systems in many European countries to handle widespread power cuts, raising the prospect of mobile phone outages. Realizing that in just weeks Europe could be cell phone free, countries including France, Sweden and Germany, are scarmbling to ensure communications can continue even if power cuts end up exhausting back-up batteries installed on the thousands of cellular antennas spread across their territory.

Alas, like with everything else in Europe, it's too little, too late and Europe is facing a truly historic cell phone black out because while Europe has nearly half a million telecom towers, most of them have battery backups that last around 30 minutes to run the mobile antennas. After that they go dark.

One of the alternatives being discussed is pushing Europe back to communist era blackout regimes: In France, a plan put forward by electricity distributor Enedis, includes potential power cuts of up to two hours in a worst case scenario, two sources familiar with the matter said.

The general black-outs would affect only parts of the country on a rotating basis. Essential services such as hospitals, police and government will not be impacted, the sources said. And now, it appears that cell phones are considered essential too: the French Federation of Telecoms (FFT), a lobby group representing Orange, Bouygues Telecomand Altice's SFR, put the spotlight on Enedis for being unable to exempt antennas from the power cuts.

Enedis said it was able to isolate sections of the network to supply priority customers, such as hospitals, key industrial installations and the military and that it was up to local authorities to add telecoms operators infrastructure to the list of priority customers.

"Maybe we'll improve our knowledge on the matter by this winter, but it's not easy to isolate a mobile antenna (from the rest of the network)," said a French finance ministry official with knowledge of the talks.

Telcos in Sweden and Germany have also raised concerns over potential electricity shortages with their governments, several sources familiar with the matter said. Swedish telecom regulator PTS is working with telecom operators and other government agencies to find solutions, it said. That includes talks about what will happen if electricity is rationed. PTS is financing the purchase of transportable fuel stations and mobile base stations that connect to mobile phones to handle longer power outages, a PTS spokesperson said.

The Italian telecoms lobby was even more forceful, and told Reuters it wants the mobile network to be excluded from any power cut or energy saving stoppage and will raise this with Italy's new government. The power outages increase the probability of electronic components failing if subjected to abrupt interruptions, telecoms lobby chief Massimo Sarmi said in an interview.

Until a solution is reached, to save power, telecom companies are using software to optimise traffic flow, make towers "sleep" when not in use and switch off different spectrum bands, Reuters sources said. The telecom operators are also working with national governments to check if plans are in place to maintain critical services. In Germany, Deutsche Telekom has 33,000 mobile radio towers and its mobile emergency power systems can only support a small number of them at the same time, a company spokesperson said.

^^^
(COMMENT: Internet could go no access as well.)
 

marsh

On TB every waking moment

Exxon CEO Raises The Alarm Bell About Biden’s Latest Energy Plan

Daily Caller News Foundation

JACK MCEVOY
ENERGY & ENVIRONMENT REPORTER
September 30, 2022

Exxon Mobil’s CEO, Darren Woods, warned that the Biden administration’s plan to cut back on fuel exports could reduce global supplies and hike gas prices, The Wall Street Journal reported Friday.

Woods told the Department of Energy (DOE) in a letter that oil and gas producers should avoid curbing exports and stockpiling fuel, according to the WSJ which cited a letter sent by Exxon. Exxon claimed that cutting exports would not help the Northeast’s fuel shortages because it would force Gulf Coast refineries to slow their operations, which would reduce fuel supplies and raise gas prices.

“Reducing global supply by limiting U.S. exports to build region-specific inventory will only aggravate the global supply shortfall,” Woods wrote.

However, portions of the country have fuel stockpiles that are near unacceptable five-year lows during hurricane season, a DOE spokesperson told the Daily Caller News Foundation. President Joe Biden also said that the production of at least 190,000 barrels of oil a day had been impacted by Hurricane Ian during a speech on Wednesday.

“As international events also continue to impact domestic energy markets, the administration has impressed upon the oil and gas industry that it must do more to ensure fair prices and adequate supply for all Americans, while meeting the needs of our allies, ” the DOE spokesperson said.

U.S. stocks of distillate products like diesel and heating oil have dropped significantly since the beginning of 2021 and are at particularly low levels in New England, according to the Energy Information Administration (EIA). Crude oil stocks also fell by 200,000 barrels and gasoline inventories declined by 2.4 million barrels during the week that ended on Sept. 23, according to EIA data released on Wednesday

Woods claimed that Exxon would be able to address supply disruptions without prompting from the government by moving fuel from its facilities in the Midwest to the Northeast, according to the WSJ.

Biden announced in March that U.S. energy firms would increase liquefied natural gas deliveries to help address Europe’s fuel shortages that are being exacerbated by Russia’s invasion of Ukraine. However, Energy Secretary Jennifer Granholm in August threatened to use “emergency measures” to compel oil companies to limit exports and address the historically low levels of refined petroleum products in regions like New England.

Prices at the pump began rising again on Sept. 21 after falling for nearly 100 days straight; moreover, the average national gas price on Friday is $0.62 higher than it was in September 2021, according to AAA data.

Exxon did not immediately respond to the DCNF’s request for comment.
 

marsh

On TB every waking moment

Greatest Financial Crisis 2.0: The Reckoning is Upon Us!​

By Chris Martenson on
October 1, 2022

Okay folks, this is not a drill. Decades of stupendously poor monetary, (lack of) regulatory actions, and a completely useless watchdog press have now (once again) conspired to deliver us into the teeth of another financial crisis. This one will be the largest ever and could possibly result in damage so profound it never really gets fixed.

The causes are as old as recorded history:
  1. Attempting to print our way to prosperity.
  2. Wanting a free lunch.
  3. Elites that seize control of the dials and only manage to turn them to their own narrow and greedy advantage.
  4. The desire to not have a crisis now so always kicking the can down the road until it goes over a cliff.
To really explain this crisis, I’d have to back up to 1987 when Greenspan bailed out a stock market panic. But, I haven’t got time at the moment. It’s a long story and perhaps I will tell it to you someday when we’re grilling crickets over an open fire.

Covid was an engineered disaster from the get-go. There’s no chance at all that virtually every western country opted for lockdowns and self-harming economic, fiscal and monetary policies. Those were all guided events by powers that operate above the nation level. Let’s call them Davos for now, but I am open to that being a limited hangout designed to deflect attention from the true players.

Whoever it is, it is now incontrovertible that reason, logic and science never had anything to do with the Covid policies enacted, and no amount of countervailing data ever proved sufficient to deflect a single policy. Everyone had to get the vaccines. Period. Everyone had to lockdown. Period. There was no distinction between those who’d had Covid and those who hadn’t. Period. None of this made any sense.

Similarly, the monetary policies of the central banks made zero sense. There was no logic or rhyme or reason to any of it. The central banks printed with wild abandon, the billionaires got fantabulously richer, and everyone else had to eat the resulting inflation. Nobody in power questioned it, the press never looked into it, and here we are.

Consider, if you will this astonishing chart of the Bank of England’s response:

Bank-of-England-Balance-Sheet-Historical-2.jpg


Now, the Bank of England is fighting a collapsing pound, ridiculously high inflation and a collapsing government debt market (the Gilts). Gosh, I wonder why?

Can we really believe that anybody is this stupid? No, it’s really not a solid starting point and we’d do better to ground our inquiry on the proposition that this was all intentional. I mean, maybe it’s possible the BoE staffers are this idiotic, but it’s remote. Better to begin with the idea that when people do something, they meant to do it. There’s no monetary framework that suggests suddenly and massively increasing the money supply will do anything other than create a lot of inflation, especially in the face of declining economic output.

So, punch one was the UK government slamming the brakes on economic output, and punch two was the BoE flooding the land with freshly printed currency. It’s the old one-two punch. Now, the BoE is back to Quantitative Easing (but not really, they say, because they’ve placed the UK government and taxpayers on the hook for any losses, but that’s sophistry – printing is printing) and doing so even in the face of the highest inflation readings in Europe in decades.

EU-inflation-hits-10-pcercent-1024x583.jpg


Okay. So, there’s that.

(more behind a paywall)
 

marsh

On TB every waking moment

Massive Central Bank Ponzi Creates Permanent Distortion – Nomi Prins

Massive Central Bank Ponzi Creates Permanent Distortion – Nomi Prins​

By Greg Hunter On October 1, 2022 In Market Analysis 30 Comments
By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Three-time, best-selling book author Nomi Prins says the reason why there is so much uncertainty and chaos in the global economy comes down to one simple theme, and that is a couple of decades of central bank money printing has created the biggest Ponzi scheme the world has ever seen. Prins explains, “The Fed and other central banks have created basically this idea, and put it into practice, whenever there is real crisis, however they deem it, they are going to print money, and a lot of money. . . and pushing this envelope forward on the back of a very artificial fabrication of money. That is the Ponzi scheme here. The Ponzi scheme is actually the money that is sloshing around and is somehow owed more to reality. That it is owed to actual profits, actual production, actual growth in the economy, which it isn’t. . . . Look at the way money gets printed . . . as we saw and everybody woke up from the pandemic.

Look at all the closures in the economy, and the economy still has not gotten back to where it was. It is still not stable. People are still facing economic angst, but the Fed created four and a half trillion dollars of money basically overnight. That’s a Ponzi scheme. That is something that is going to keep going whenever there is a crisis, and that is going to paper over the fact we are not actually healthy. . . . That’s the definition of a Ponzi scheme when you always have new money coming in, and in this case, it’s new money being created by the central banks. It will replace any cracks, any faults, any problems that are emerging along the way. . . The Fed doubled its balance sheet and did not double the economy. . . . That’s a Ponzi.”

Prins goes on to say, “We are not retiring $30 trillion in U.S. debt. We are not retiring $287 trillion in debt around the world. That is not happening. . . . Yes, there are indications we could have a massive crash, but to me . . . I think there is a treadmill that is spinning here that is going to keep spinning instead of completely crashing. That’s why I think there is going to be a lot of mini crashes, followed by mini rallies along the way. I don’t think we are in a period, which is why I call this a permanent distortion, where there is going to be a backing off of all the money that is being created. . . . I don’t see one massive crash. I see massive turbulence, which is this permanent distortion. . . .I don’t see an end point unless there is an external factor. . . .There are things that are coupled with the instability we have in the markets relative to this money being printed . . . and if they come at the same time, yes, we could have a massive crash, we absolutely could.”

Meanwhile, in the real economy, the struggles for common people will continue to get worse. Prins says, “Right now, about 20 million families in the United States are behind by one or more payments on their electric bill because they cannot afford them at these levels relative to rent and food and all these other things that are going up. 20% of Americans are using their credit cards now to pay their utility bills, and they are starting to get behind on those credit cards for which rates have gone up. So, we are in this situation where all these problems are happening at the same time for most real people in the real economy. . . .Raising interest rates so quickly is hurting people way more than people leveraged in the markets.”

Prins’ advice for common people is to stay away from debt, buy gold, silver and other metals, and hold on to some cash. Prins says, “I do think the dollar will weaken from its high levels, but I think it is going to strengthen first. . . .

When we get to the Fed three-part pivot (smaller rate increases, followed by neutral policy and then more money printing), we are going to see a weakening of the dollar.”

There is much more in the 55-minute interview.

Massive Central Bank Ponzi Creates Permanent Distortion – Nomi Prins 55:10 min
 

marsh

On TB every waking moment
Michael Yon @MichaelYon
Oct 1, 2022 at 7:07pm
Lethal US Border Invasion Contributing to Coming American Civil War
01 October 2022
Dublin Ireland
Midnight Mind dump, sans edit

Epoch Times made a fantastic documentary. I was there beside Josh Philipp and excellent Epoch for most of the filming in Mexico and Texas as a guide, and I personally made the footage in Darien Gap in Panama.

This film reveals in detail most people like are unaware of.

We are at war. United Nations is a lethal enemy of United States and should be treated as such.

Many of these invaders are future combatants who already are raping and murdering American children. Aided by United Nations.

The invasions across Europe and North America are funded and aided by United Nations. I see this with my own eyes on a regular basis in many countries.

Thank you for your support. I have not accepted pay for any of this work. I do many things you never see and many things you do see but do not know it came from my team.

Now see the excellent documentary: (Pay wall.)

[Special Feature] Border Deception: How the US and UN Are Quietly Running the Border Crisis 40:24 min
 

marsh

On TB every waking moment

Biden Energy Agenda Creates China Dependence
The US depends on imports for 100% of 17 renewable-and-EV-critical minerals.

Michael Shellenberger
6 hr ago

On Sept. 15, I testified to Congress about the unfolding energy crisis in Europe. When I explained how President Biden’s own energy policies are harming our allies abroad and consumers at home, Rep. Ro Khanna (D-Calif.) said to me, “If there was a war on energy, how is Exxon, Chevron, BP and Shell making over 200% profits? You can’t have a war on an industry and then they’re having record profits.”

The reason, I told Khanna, is precisely because the Biden administration has been stifling oil and natural gas production, thereby reducing supplies, and increasing prices and profits.

Do Democrats really not understand how supply and demand work? Of course they do. They know that, by repressing oil and natural gas production, they’re making these resources scarce and expensive. That’s how they want it. They think high gasoline prices will force people to buy costly electric cars. But they know that their position of effectively rationing energy is highly unpopular, so they seek to scapegoat oil and gas companies — an easy target.

It’s true that the Biden Administration is not the sole cause of high energy prices. Russia’s invasion of Ukraine rightly led President Biden in March to ban Russian oil and natural gas imports into the US. But the main reason for expensive energy prices is President Biden’s suppression of oil and gas production.

It would have been easy for Biden to make up for loss of Russian oil imports through expanded domestic drilling. Where the US imported around 18 million barrels of Russian oil per month, we produce 19 million barrels of oil domestically per day. Instead, Biden has leased less public land for oil and gas production during his first 19 months in office than any other administration since World War II, according to a Wall Street Journal analysis.

https://video.twimg.com/ext_tw_video/1573794269470420992/pu/vid/444x270/VhncdZBNU_x0qan1.mp4?tag=12 2:10 min

But all this is a prelude to the main way Democrats plan to make energy more expensive, which is by spending $370 billion of taxpayer money through the new (and misnamed) “Inflation Reduction Act” to subsidize solar panels and wind turbines made in China.

Renewables make electricity more costly everywhere they are deployed at scale. Just look at California. It has the second most expensive electricity in the US after Hawaii, but it can barely keep the lights on. Why? Because the unreliable nature of weather-dependent energy sources requires more backup power plants, transmission lines and people who can make electricity reliable.

Consider what happened last month.
 

marsh

On TB every waking moment

What If They Threw a Pandemic & Nobody Came?
Sending an SOS to the World: #StopTheTreaty

Robert W Malone MD, MS
11 hr ago

Today’s Substack is written by Margaret Anna Alice. Her use of multi-media, including linked references to tell the story of how the World Health Organization is becoming a tyrannical world power is powerful. Enjoy the ride!

By: Margaret Anna Alice, who writes the fantastic Substack Margaret Anna Alice Through the Looking Glass

What If They Threw a Pandemic and Nobody Came
“Single acts of tyranny may be ascribed to the accidental opinion of the day; but a series of oppressions, begun at a distinguished period, and pursued unalterably through every change of ministers (administrators) too plainly proves a deliberate, systematic plan of reducing us to slavery.”
—Thomas Jefferson1, A Summary View of the Rights of British America (Kindle, paperback, hardcover)

“The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.”
—H.L. Mencken, In Defense of Women (Kindle, paperback, hardcover, audiobook)

Sending out an SOS
This is an SOS to the people of the world.

At this moment in history, a global coup is underway. It started in 2020. Really, it started long before that, but we’ll focus on 2020 onward because that’s when Mr. GloboCap; the philanthropaths; their mentors and muses; the tyrants; WEF puppets; the “experts”; government agencies; and the colluders yanked the rug out from under us and we began our dizzying tumble down the rabbit-hole of propaganda; menticide; psychological experimentation; dehumanization; disconnection; obedience training; censorship of “misinformation”; data obfuscation; gagging of doctors; smearing of scientists; bamboozlement; human rights violations; mandates; quarantining; martial law; medical apartheid; totalitarianism; concentration camps; and all ten stages of genocide via experimental injection, hospicide, and mockery of early treatment protocols.

WHO’s Afraid of the Big Bad Wolf?
Under the guise of public health, the legal infrastructure is presently being laid for one-world tyranny courtesy of the fleece-garbed wolf known as the World Health Organization.

In January 2022, that took the form of US-proposed International Health Regulations (IHR) amendments that would have granted WHO Director-General Tedros A. Ghebreyesus absolutist powers superseding the laws of sovereign nations.

We succeeded in impeding all but one of those amendments, thanks primarily to the vocal opposition of African nations and readers like you, who helped alert the world even as the public opinion engineers attempted to muffle and malign us.

Sporting a blood-spattered resumé believed to include “systemic genocidal violence and gross human rights violations” and “killing, arbitrarily detaining, and torturing Ethiopians,” Tedros is the ideal figurehead to oversee the International Demolition Derby being used to mask the global financial collapse, enact the philanthropaths’ depopulation agenda, and digitally enslave the survivors.

View: https://youtu.be/5yD3o6_QGJI
13:56 min

Tedros is so eager to play dictator, he overruled a panel of experts who had voted against declaring moneypox a pandemic—and got away with it.

Who better to implement a global One Health cookie-cutter nostrum than an unaccountable autocrat?

1664682409219.png

Taking over the World Is As
Easy As 1-2-3​

Must watch! 1930’s CARTOON SHOWED HOW THE PLANDEMIC WOULD UNFOLD 2:10 min

The IHR amendments were only one part of the takeover puzzle (one they will no doubt try to resurrect at a later stage). The WHO is still forging ahead with the central and most lethiferous tool—the international pandemic accord, or, officially, the WHO CAII: Convention, Agreement, or Other International Instrument (rebranded from pandemic treaty after #StopTheTreaty went viral).

1664682680383.png
Bob Moran: WHO to Trust

Having first planted the seed on March 11, 2021, the WHO announced on December 1, 2021, that its decision-making body, the World Health Assembly, had:

“agreed to kickstart a global process to draft and negotiate a convention, agreement or other international instrument under the Constitution of the World Health Organization to strengthen pandemic prevention, preparedness and response.”

Sounds reasonable, right? Maybe you’d better pull out your doublespeak decoder ring to make sure.

What, you don’t have one? No worries, you can borrow mine.

View: https://youtu.be/zdA__2tKoIU
2:46 min

Here’s the translation into plainspeak:

“Under the smokescreen of an arbitrarily defined phenomenon [‘pandemic’], an unelected global body is going to draw up an internationally binding treaty that overrides the policies of democratically elected nation-states, thus paving the way for one-world totalitarianism.”

Let’s take a detour into the WHO’s Orwellian redefinition of “pandemic” that occurred during the swine flu dress rehearsal. This portentous 2009 Forbes article, The Pandemic Is Political, by Michael Fumento stripped the pandemic bare:

“As evidence continues to mount that swine flu is more of a piglet than a raging razorback, why isn’t curiosity mounting as to why the World Health Organization declared it a pandemic? And definitions aside, why does the agency continue to insist we’re going to get hammered? The answers have far less to do with world health than with redistribution of world wealth.”

That’s not déjà vu—it’s a glitch in the matrix.

View: https://youtu.be/z_KmNZNT5xw
.49 min

But that’s not all. Fumento’s article is worth its word count in plutonium, and I encourage you to read it in full. Cue the timpani:

“Medically, the pandemic moniker is unjustifiable. When the sacrosanct World Health Organization (WHO) made its official declaration in June, we were 11 weeks into the outbreak, and swine flu had only killed 144 people worldwide …

“So how could WHO make such an outrageous claim?

“Simple. It rewrote the definition of ‘pandemic.’

“A previous official definition (and widely used unofficial one) required ‘simultaneous epidemics worldwide with enormous numbers of deaths and illness.’ Severity—that is, the number—is crucial, because seasonal flu always causes worldwide simultaneous epidemics. But one promulgated in April just days before the announcement of the swine flu outbreak simply eliminated severity as a factor.”

Say what? How awfully convenient that “pandemic” was redefined just in time to label the nothingflu one—and boy, was that a propitious setup for the 2020 live performance when a “pandemic” would be declared for something with a mortality rate equivalent to that associated with “driving between 4 and 82 miles per day” (and that doesn’t even factor in the bloating of death tallies achieved by fiddling with the PCR test cycle thresholds, reporting deaths with not from COVID, murder by protocols, and so on).

Mr. Global really knows how to plan ahead, as is evidenced in the 2016 TrustWho documentary.

TrustWho - Documentary 1:25:13 min

TrustWHO Documentary: Bill Gates Speaking at the World Health Organization
And hey, would you believe the swine flu episode led to a “broad expansion of WHO powers, including a degree of direct authority over national health agencies,” which it then used “to leverage more authority and a bigger budget”?

It defies credibility, I know. Even more (or less) surprising is that then–WHO Director-General Margaret Chan pitched the idea of using their newly seized powers to “bring about a global economic and social revolution.”

Here, Fumento links to a September 2009 Copenhagen speech by Chan, but it appears to have been memoryholed. This June 2009 speech gives you a taste of her scaremongering, while this July 2009 speech in Geneva betrays her world-remaking ambitions:

“We are now hearing calls, from multiple world leaders, for transformational changes in the polices that govern the way the world works. The international systems need to be re-engineered to incorporate a moral dimension.”

You can imagine what that “moral dimension” entails—things like “greater fairness,” “fair distribution of these benefits” … basically the usual collectivist führer pontifications on the “greater good” that inevitably lead to bustling crematoria, embalming bookings, and funeral industry boons in Act V—kind of like what is happening now.

Speaking of Chan, she unabashedly admits that the WHO’s hybrid public-private funding model produces pay-for-play corruption:

“Only 30 percent of my budget is predictable funds. Other 70 percent, I have to take a hat and go around the world to beg for money. And when they give us the money, they are highly linked to their preferences, what they like.”

This is the very vulnerability Søren Ventegodt exposed in his 2015 Journal of Integrative Medicine & Therapy article Why the Corruption of the World Health Organization (WHO) Is the Biggest Threat to the World’s Public Health of Our Time:

“Ten years ago WHO changed its financial policy and allowed private money into its system, instead of only funding from the member states. WHO has since been extremely successful in raising funds and is now receiving more than half of its yearly budget from private sources. Bill Gates has for example given more than one billion dollars to the WHO. The new system of private funding of WHO has brought WHO much closer to the pharmaceutical industry.”

Astonishingly, ABC News actually reported on the collusion between the WHO and vaccine manufacturers in the 2010 article World Health Organization Scientists Linked to Swine Flu Vaccine Makers. The lede reads:

“Scientists who advised the World Health Organization on its influenza policies and recommendations—including the decision to proclaim the so-called swine flu a ‘pandemic’ had close ties to companies that manufacture vaccines and antiviral medicines like Tamiflu, a fact that WHO did not publicly disclose.”

Can you imagine ABC or any other mainstream outlet even daring to whisper such heresy today? As Deltron 3030 predicted back in 2000, the news is now A Wholly Owned Subsidiary of Microsoft Inc. So are the high-impact journals—as Dr. Tess Lawrie exposed, the digital fingerprints reveal, and Dr. Pierre Kory is documenting in his riveting series The Criminal Censorship of Ivermectin’s Efficacy by the High-Impact Medical Journals.

While we’re on the topic of high-impact journals, The Lancet just published a limited hangout Commission on Lessons for the Future from the COVID-19 Pandemic chaired by Jeffrey Sachs. This article blames the most embarrassing public health policy failure in history on things like “the shortfall of global funding,” “the lack of coordination among countries regarding suppression strategies,” “the poor enforcement of appropriate levels of biosafety regulations,” and “the failure to combat systematic disinformation.”

It wasn’t that the WHO was incompetent, corrupt, in the thrall of China, lying, following pseudoscience instead of science, rejecting successful treatment protocols, or fulfilling population reduction orders. Of course not. It was just that they didn’t have enough money and power!

Coincidentally, that’s what Klaus Schwab muse Yuval Noah Harari thinks, too:

“The skeleton of such a global anti-plague system already exists in the shape of the World Health Organization and several other institutions. But the budgets supporting this system are meagre, and it has almost no political teeth. We need to give this system some political clout and a lot more money, so that it won’t be entirely dependent on the whims of self-serving politicians.”

2022 Forbes—a far cry from the 2009 magazine that had the cojones to publish the Fumento article—added snarky backup singers to the Lancet article (while also ironically reinforcing the swine flu myth Fumento had previously destroyed), reminding us that the poor WHO “isn’t exactly swimming in money” and drumming up the pandemic treaty as the solution to COVID clusterfrack.

Single-source-of-truth WEFer and New Zealand Tyranness Jabcinda Ardern is chiming in right on script:

View: https://youtu.be/46bZTfrVl9I
1:30 min

“When crisis is upon us, we cannot and will not solve these issues on our own. The next pandemic will not be prevented by one country’s efforts but by all of ours. Climate action will only ever be as successful as the least committed countries as they pull down the mission of the collective

“And that’s why on pandemic preparedness, we support efforts to develop a new global health legal instrument, strengthened international health regulations, and a strong and empowered World Health Organization.”

Admittedly, more money and power might have helped them cover up their lies better.

1664683179985.png

WHO Tedros Waning Efficacy Calendar Monthly Progression Meme
So while the legacy media and pharma-captured journals manufacture consent for the pandemic accord, the WHO is pressing forward with what the blazingly brilliant Neil Oliver describes as “the single, greatest global power grab that any of us has seen in our lifetime.”

View: https://youtu.be/gafV6YhhnAQ
8:36 min

Tedros used his July 14, 2022, University of Edinburgh laureation acceptance speech for his honorary doctorate as an opportunity to drive the point home:

“I hope you will give your support for the endorsement of a pandemic accord or a pandemic treaty, which will be a generational agreement that can safeguard our children and the children of our children.

“Because this won’t be the last global health emergency.

“And we can all take action now, from our own experience.

“You see, I think that even the trauma of this pandemic has a good use.…

“Remember what it felt like to be helpless and scared.”

Yes, they want us to always remember what it felt like to be helpless and scared. We have now been conditioned to obey on command, and they expect us to instantly melt into submission the next time they cry “Emergency!” In other words, W.H.O.PNOSIS:

1664683283239.png
Anne Gibbons Cartoon: W.H.O.PNOSIS

Margaret Anna Alice has a number of ways one can work to help stop that treaty at the end of here article - found here: Margaret Anna Alice Through the Looking Glass.
 

marsh

On TB every waking moment

A Global Overview of Human Migration​

SATURDAY, OCT 01, 2022 - 08:00 PM

According to the latest data published by the United Nations, the number of international migrants amounted to 281 million in 2020, which is equivalent to 3.6 percent of the world's population.

By "migrant", it is meant: Any person who, leaving his or her usual place of residence, crosses an international border, regardless of the nature and cause of the movement or the duration of the stay.

The census therefore covers a wide range of circumstances and includes both war and economic refugees - estimated at more than 82 million - and voluntary migrants: workers, students, retirees, etc.

This map by Statista's Martin Armstrong provides an overview of the migration trends in the world...

Infographic: A Global Overview of Human Migration | Statista
You will find more infographics at Statista

It shows the annual net migration (arrivals minus departures) of all countries and territories, relative to their population size.

Between 2017 and 2021, the regions of the world that lost the largest share of people via emigration were the Marshall Islands and American Samoa in the Pacific Ocean, followed by Lebanon and Venezuela.

During this period, these four territories, some of which are experiencing severe economic hardship, experienced an average net loss of 28 to 42 inhabitants per 1,000 people per year.

In contrast, the regions that attracted the most migrants relative to their population size were the New Zealand-administered Tokelau Archipelago, the Caribbean tax haven of the Turks and Caicos Islands and, in Europe, Malta.

For these three places, the average annual net migration was between 22 and 45 additional persons per 1,000 inhabitants.
 

marsh

On TB every waking moment

Visualizing The Global Wealth Pyramid​

SATURDAY, OCT 01, 2022 - 07:00 PM
The level of financial inequality around the world is staggering...

As Statista's Martin Armstrong reports, according to a new Credit Suisse report, 47.8 percent of global household wealth is in the hands of just 1.2 percent of the world's population.

Those 62.5 million individuals control a staggering $221.7 trillion, as can be seen on this infographic...

Infographic: The Global Wealth Pyramid | Statista
You will find more infographics at Statista

Below that, 627 million people own $176.5 trillion, 38.1 percent of global wealth, despite accounting for just 11.8 percent of the adult population.

The base of the pyramid is the most poignant, and it shows how 2.8 billion people (53.2 percent of the world's population) share a combined wealth of $5 trillion - which is just 1.1 percent of total global wealth.
 

marsh

On TB every waking moment
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marsh

On TB every waking moment
DR. REINER FUELLMICH - Encouraging update after FALSE accusations 25:08 min

DR. REINER FUELLMICH - Encouraging update after FALSE accusations​

stopworldcontrol Published October 1, 2022

Reiner Fuellmich gives an encouraging and inspiring interview with David Sorensen from StopWorldControl.com. He answers to the false accusations of his former colleague Viviane Fisher, and shows the way forward with a new committee that will have a much wider scope.

The New International Crimes Investigative Committee (ICIC - pronounce I see I see), to investigate and expose many more crimes against humanity committed by the globalists.

He also talks about legal proceedings that will come in the future.

Finally Reiner Fuellmich explains why we will win, for sure.

To view the historic Grand Jury proceedings, and download free evidence PDF visit: Lawyers present evidence that pandemic is used for world dictatorship
 

marsh

On TB every waking moment
Wait! What the F*ck did Fauci say about WOMEN and Vaccine reactions? | Redacted with Clayton Morris 10:47 min

Wait! What the F*ck did Fauci say about WOMEN and Vaccine reactions? | Redacted with Clayton Morris​

Redacted News Published October 1, 2022

A [new study](Study confirms link between COVID-19 vaccination and temporary increase in menstrual cycle length) shows that the Covid vaccine can alter menstruation. So many women were telling the truth! We talk about how big of a deal this is, how many people lost their livelihoods because of this and what could happen if women continue to get boosted.
 

marsh

On TB every waking moment

Why Additional Engineered Plandemics Are Pretty Much Guaranteed

'No biodefense research is purely defensive - to do the work, you're automatically engaged in the creation of biological weapons.'

BY DR. JOSEPH MERCOLA October 2, 2022 in Cross-Posted, Opinions
Bioweapons Lab

STORY AT-A-GLANCE

Early on in the COVID pandemic, Francis Boyle, Ph.D., was sure it was the result of a lab leak. He believes monkeypox is another lab creation, as it now suddenly has 30 mutations from the wild monkeypox found in Africa
President Biden recently signed the Executive Order on Advancing Biotechnology and Biomanufacturing Innovation for a Sustainable, Safe and Secure American Bioeconomy, and this order basically promises we’ll see additional manmade pandemics

Section 12, paragraph VII in Biden’s executive order states that the purpose of the order is to “develop and work and promote and implement … dual-use research of concern, and research involving potentially pandemic and other high-consequence pathogens”

That means they intend to perform gain-of-function research on deadly pathogens, any one of which could be released to create a global pandemic when a scare event is necessary to trick populations into choosing a false sense of safety over freedom. Boyle believes there’s no doubt there will be additional pandemics, because they’re intentionally creating them

Boyle believes monkeypox was engineered and released in an effort to scare governments and populations into accepting the World Health Organization’s pandemic treaty, which would make the WHO the sole decision-maker in pandemic situations

In this interview, repeat guest Francis Boyle — whose background includes an undergraduate degree from the University of Chicago, a juris doctor (lawyer) degree from Harvard and a Ph.D. in political science — shares his views on the latest efforts to instill fear in the public, this time about monkeypox.

For decades, Boyle has advocated against the development and use of bioweapons, which COVID-19 appears to be. He called for biowarfare legislation at the Biological Weapons Convention of 1972, and drafted the Biological Weapons Anti-Terrorism Act, which was passed unanimously by both houses of Congress and signed into law by George Bush, Sr. in 1989.

Early on in the pandemic, Boyle was sure COVID-19 was the result of a lab leak. In fact, he was one of the first to bring that up. Of course, for the past two-plus years, anyone who shared the lab leak theory was vilified, discredited, censored and deplatformed. Today, we know that information was true, and even mainstream media are starting to report on it.

White House Admits More Pandemics Will Be Created
As detailed in “Executive Order Advances Biotech-Transhumanist Agenda,” President Biden recently signed the “Executive Order on Advancing Biotechnology and Biomanufacturing Innovation for a Sustainable, Safe and Secure American Bioeconomy.”1 As noted by Boyle, this executive order basically ensures the creation of additional bioweapons:

“It’s a very lengthy executive order. At the very end, they give it all away, where it says, [in Section 12] Paragraph VII, that the purpose of this is to ‘develop and work and promote and implement … dual-use research of concern, and research involving potentially pandemic and other high-consequence pathogens …’

Now let me work that out for you. ‘Dual-use research of concern’ means offensive and then defensive biological warfare weapons. The Bidenites admit here that their agenda is to promote and implement more offensive biological warfare weapons. That’s what ‘dual-use research of concern’ means.

Then, to try to perfect these weapons with some type of bogus vaccine involving reverse engineering or something like that. Notice, they admit they are going to develop these offensive biological warfare weapons, ‘involving potentially pandemic and other high consequence pathogens.’

They are going to research, develop more biological warfare weapons like COVID-19, that the United States government was involved in. They admit this right here.

Now, you listen to the mainstream news media and everyone is saying ‘Yes, the next pandemic is coming.’ This is where it is coming from — right here, ‘dual-use research of concern involving potentially pandemic and other high consequence pathogens.’”

Executive Order Cannot Override Bioweapons Convention
If you wonder whether this kind of dual-use bioweapons research might violate the Biological Weapons Anti-Terrorism Act, the answer is yes. The 1989 act directly prohibits this kind of activity. But beyond its unlawfulness, Boyle’s primary concern is that it’s existentially dangerous to continue down this path.

“COVID-19, which I was the first to blow the whistle on, was clearly an offensive biological warfare weapon with gain of function properties that had leaked out of that Wuhan BSL-4, China’s Fort Detrick.

The Bidenites have made it clear they’re going full speed ahead. They have crossed the Rubicon. They do not intend to turn back. They’re doubling down, they’re tripling down. In my opinion, this is what confronts us now today,” he says.

While some claim an executive order can override a previous law and/or signed treaty, according to Boyle, this is incorrect on both accounts.

“No, an executive order cannot override my Biological Weapons Anti-Terrorism Act, and it cannot override the Biological Weapons Convention,” he says. “This is just an in-run around both of them — an attempted in-run, despite the fact that violation of my Biological Weapons Anti-Terrorism Act is a felony punishable by life imprisonment.

The Department of Justice did want me, repeatedly, to put the death penalty in there, but I’m a lifelong abolitionist and I did not want any statute of mine to carry the death penalty.”

So, then, which takes precedence? And how do we resolve or reconcile this conflict? According to Boyle, no reconciliation is possible, barring new legislation by Congress.

“Whoever drafted this [executive order] knew full well that they were violating the Biological Weapons Convention and my Biological Weapons Anti-Terrorism Act. An executive order cannot supersede either a treaty or a statute. Only a subsequent statute by Congress could do that.”

Resisting Medical Tyranny
A related tangent brought up in the interview is how the Emergency Powers Act has been misused to strip us of personal freedoms and liberties. Essentially, this pandemic has demonstrated that you can turn a democratically elected Congress into a tyrannical regime that can rule without restraint.

Boyle recently published a book in which he discusses this, titled “Resisting Medical Tyranny: Why the COVID-19 Mandates Are Criminal.” In it, he also details how we can fight against this tyrannical overreach using peaceful and entirely legal means.

Justification for Enslavement: Biosecurity
This is really important, and brings us to the issue of monkeypox, which was declared a public health emergency in late July 2022, as it cuts to the core of the global cabal’s strategy to enslave the world by progressively chipping away at our personal freedoms under the justification of “biosecurity.” As noted by Boyle:

“In my opinion, this monkeypox epidemic … was a biological warfare weapon with gain of function properties that came out of someone’s lab and was released in multiple locations to scare people. Why?

I don’t think it was a coincidence at all that the World Health Organization, their meeting at the World Health Assembly (WHA) was considering regulations that would have done, once again, an in-run over and around the sovereignty of the United States of America and our state and local governments to control our health care.

Under the Tenth Amendment of the United States Constitution, public health falls within the control of state and local governments, not the federal government. That is why, down there in Florida or in Texas, you can have governors adopting different policies from [those] issued by the CDC [Centers for Diseases Control and Prevention] in Washington, D.C.

You have several governors now rebelling against these totalitarian dictatorial [edicts] coming out of Washington, D.C., In order to try to stop that, they came up with these regulations that they tried to get through the World Health Assembly earlier this summer, and that failed.

The monkeypox, in my opinion, was then released in order to scare the governments of the world into accepting these regulations. That failed,2 but … the WHO is now meeting to negotiate and conclude a treaty that will fold into it the same WHA regulations …

The purpose of this [global] WHO treaty, once again, is to do an in-run around American sovereignty to make decisions at a state and local basis as to how to treat matters of public health in the next pandemic, which they know is coming, because they’re already preparing for it in accordance with the biotech executive order that I just quoted to you.

They know it’s coming. They’re preparing it. They’re getting it ready. The next time, by means of this WHO treaty, they will then attempt to argue that the treaty is the supreme law of the land under Article VI of the U.S. Constitution and therefore trumps and displaces the ability of state and local governments … to determine public health.

Indeed, there is a Supreme Court case to that effect that they know all about, Missouri vs. Holland, that if a treaty is concluded, it does override the Tenth Amendment to the United States Constitution. We have to understand these people know exactly what they are doing, and we have to stop them.”

Call on the US Senate to Reject WHO Treaty
The WHO met in Washington, D.C., from September 26 through September 30, 2022,3 and according to Boyle, treaty discussions were part of that session. Boyle suggests we need to call on our senators to sign a letter that they will vote against any WHO treaty coming down the line, and then forward that letter to the World Health Assembly, the WHO and member nations.

“If we can get one-third plus one members of the United States Senate to sign [such a letter], I think that will kill this proposed treaty,” Boyle says. Other nations could do the same. To be clear, this WHO treaty is global in nature, so the U.S. is not the only country that stands to lose its sovereignty were it to pass. All member states are in the same boat.

“If the treaty gets passed, then they will use that treaty to enforce WHO [recommendations] all over the world on the handling of the next pandemic, and that will get us all killed,” Boyle says.

“The WHO is a rotten, corrupt, criminal organization, and the proof of that is [that] the WHO is a sponsoring institution of the Wuhan BSL-4, which is China’s Fort Detrick. Imagine if the WHO were a sponsoring organization of our Fort Dietrich. We would know the cat was out of the bag. That’s exactly what’s going on here with the WHO.

The CDC, Bill Gates, the Chinese Communist government and Big Pharma that pay for the WHO will force everyone to continue to take more vaccines … and more boosters, forever. There’ll be no end to it.”

At present, it seems they will simply continue to push until the treaty passes. Getting at more than one-third of the U.S. Senate to reject any possible treaty with the WHO, now or in the future, may be the only way to stop it permanently.

“[The treaty] will probably pass the WHO assembly,” Boyle says. “The U.S. government representative could sign it and then they would send it to the Senate Foreign Relations Committee for ratification by the Senate.

We need to head this off as soon as we can with this letter [signed by] one-third plus one of the Senate, just saying ‘We’re going to reject it.’ We have to start lobbying now against the treaty. We’ll have limited time once it goes to the Senate Foreign Relations Committee. Remember, the Democrats control the Senate. They control the Senate Foreign Relations Committee.

They could get it through very quickly to present it to the full Senate. We have to go all out to stop this treaty. You’re down there in Florida. I would certainly hope you could alert Governor DeSantis to the dangers here. His powers will be terminated under the terms of this treaty to regulate all public health.

He’ll be obligated to obey whatever the WHO tells him to obey. If he does not, then the federal government can go into the United States federal district court and get an injunction under the treaty, mandating that he comply, and if he does not, he could be fined if not jailed for contempt. It’s a very dangerous situation.”

Ramifications of the WHO Treaty
Indeed, most people don’t fully appreciate the implications of this WHO treaty. The ramifications are truly profound. Expanding on what could occur were it to be passed, Boyle says:

“I have already pointed out that in Biden’s executive order, they are going full steam ahead to develop offensive biological warfare weapons using DNA, genetic engineering, synthetic biology, gain-of-function properties, et cetera, including for pandemics.

That’s the next COVID-19 pandemic right there. They’ve admitted it in writing. Knowing full well the next pandemic is coming because they’re developing it, it’s coming out of their laboratories, we have to shut down their BSL-3 and BSL-4 [laboratories].

They are now planning and preparing — by means of this treaty — to demand that all public health authorities here in the United States of America obey anything the CDC tells them to do in the next pandemic, and in the COVID 19 pandemic.

If they do not, they can be sued before a federal judge in U.S. district court, get an injunction, get fines, be found guilty of contempt. That’s what’s at stake here. Yes, it will do a total in-run around the governors of Florida and Texas, North Dakota, et cetera, and eliminate all of their power.

The CDC and the WHO literally will be Stalinist dictators telling us what we have to do when it comes to the next pandemic, which they are already planning right now in accordance with Biden’s Biotechnology order. It’s that simple …

The biotechnology executive order and this WHO treaty are connected with each other, and the monkeypox [outbreak], I think, was designed to scaremonger everyone into going along with the WHO regulations and now with the WHO treaty. They needed something new, so monkeypox was released.”

Help Us Stop the WHO Treaty
At the time of this writing, there’s no U.S. campaign to get senators to sign a letter stating they will reject a WHO treaty. That has yet to be created. If you know of one, or get one started, be sure to share it in the comment section.

FLASH SALE: Get $500 OFF on one-year food buckets, VERY limited-time offer.

In the U.K, there’s a petition underway calling on the British Parliament to not sign any WHO pandemic treaty unless it is first approved by public referendum. If you’re in the U.K., you can sign that Parliamentary petition here.

The British parliament will consider all petitions with more than 100,000 signatures, and this one, at the time of this writing, has 154,660 signatures. It will remain open until November 17, 2022. (An earlier petition was rejected because it didn’t spell out what the people wanted government to do. The updated petition clarifies the desired action.)

Background on the Global Cabal Leaders
While Boyle ended up on the opposite end of the spectrum in terms of worldview, he underwent the same education as many of the global cabal leaders who are now trying to destroy the world and, seemingly, everything and everyone in it. He explains:

“Klaus Schwab studied at Harvard, but not my program. The program I was in was the GSAS [graduate school of arts and sciences] Ph.D. program, where Harvard trains future professors of political science like [Henry] Kissinger, [Zbigniew] Brzezinski and Samuel Huntington.

Schwab went to the Kennedy School at Harvard. The Kennedy School is a misnomer because there Harvard trains future U.S. imperial governmental operatics and spear-carriers. They’re all warmongers and spooks there — I was there when it was set up — and their fellow travelers and fifth columnists in foreign countries that get incorporated into the U.S. imperial elite.

Klaus Schwab, when he studied there, said he found Kissinger to be the most competent person at Harvard. Well, Kissinger, I went through the exact same program [as him]. He is a diehard Machiavellian. There’s no question about it. He does not have a principled bone in his body … Kissinger was the one who got Schwab the job heading the Davos forum.

We have to understand that behind Kissinger, as behind Brzezinski, is the Rockefeller family paying the bills, pulling the strings. Kissinger and Brzezinski had been on the Rockefeller family payroll for quite some time. Brzezinski was head of the Trilateral Commission set up by David Rockefeller …

We also know that when Kissinger worked for Nixon, Kissinger put out that infamous national security directive that population control and reduction is part of the national security policy of the United States of America. I haven’t read anywhere that … [it] has been revoked. That is really what’s going on here with Klaus Schwab, the Davos forum, the Davos crowd, based on my experience.”

Even closer to the top of the globalist pyramid we find the Rothschild family, whose power preceded the Rockefellers by centuries. Considering Boyle has been a Harvard insider his entire career, how did he escape the brainwashing that occurs there?

“Well, what happened was, at the end of May 1967, I had just turned 17 and I was so appalled by the Vietnam War that I resolved to myself that I would get the most elite education I possibly could, and turn it against the people running United States Empire. That’s what happened. It’s what I decided to do with my life.”

Monkeypox — Another Created Bioweapon?
As Boyle stated earlier, he believes monkeypox is another lab creation released for the purpose of scaring the public into accepting a health dictatorship under the leadership of the WHO.

“As I said, they are going to continue to release bioengineered pandemics on us when it suits their interest, like they did Amerithrax in October 2001 to ram the USA Patriot Act through Congress — which set up a police state in the United States of America that we are still grappling with — and like COVID-19 and the monkeypox too. There’ll be no end to this process.

(Read the rest on webpage)
 

marsh

On TB every waking moment

Must-Watch Event! David Icke & Adam Curry Destroy The New World Order In Special Emergency Broadcast

The Alex Jones Show
October 1st 2022, 8:03 pm

Adam Curry and David Icke join this Saturday broadcast to lay out the steps needed to take out the Great Reset enslavement paradigm currently being implemented -- tune in!

On this special Saturday transmission, Alex Jones is joined by Adam Curry and David Icke to analyze how the current events surrounding Ukraine, the financial system, and the deteriorating fabric of society are interlinked by the New World Order plot to enslave and ultimately exterminate humanity, which is becoming undone as the public begins to wake up.
These videos are on the webpage.
Full show
3:45:24 min

The Great Awakening 2.0! Adam Curry breaks the internet with Alex Jones:
1:17:06 min

The ultimate David Icke interview must-see — humanity will win:
2:28:19 min

Left-wing radicals are attempting to destroy Alex Jones via the court system.
 
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marsh

On TB every waking moment

Florida’s Biggest Farmer Warns of Total Food Collapse, Mass Starvation Crisis
Infowars.com

October 1st 2022, 10:10 am
Globalists won't let a crisis like this go to waste to carry out their Great Reset agenda.

Alfie Oakes joins The Alex Jones Show in the wake of his relief efforts for victims of Hurricane Ian to expose the globalist plan to manipulate the food supply ahead of the Great Reset.

“What these globalists have done with the vaccines, with what they’re trying to do with the food supply, and this hyperinflation, it makes Hitler look like a choir boy,” Oakes told Jones.

Video on website 28:30 min

“These are very bad people with very bad intent. The only thing is people have to stand up. Unfortunately, we’ve come into a time where there’s a lot of apathetic people, a lot of people that weren’t paying attention.”

“But I think what they haven’t taken into consideration is the great American spirit,” he added. “My store is filled up with almost all patriots, and if stuff gets real, we’re ready to fight.”
 

marsh

On TB every waking moment
(Reminds me of that UN lady who said "we own the science" on climate change)


October 1, 2022

Over 500 scientific papers to be withdrawn by publisher​

By Thomas Lifson

There’s good news that a major publisher of scientific journals is cleaning out the stable of papers whose review process appears corrupted, but the bad news is worse. Not only were these papers published in the first place, but the easily-corrupted system of peer review – which is supposed to be the quality assurance mechanism for the creation and dissemination of scientific knowledge – remains in place with no additional safeguards.

Retraction Watch reports:

`After months of investigation that identified networks of reviewers and editors manipulating the peer review process, Hindawi plans to retract 511 papers across 16 journals, Retraction Watch has learned.

The retractions, which the publisher and its parent company, Wiley, will announce tomorrow in a blog post, will be issued in the next month, and more may come as its investigation continues. They are not yet making the list available.

Hindawi’s research integrity team found several signs of manipulated peer reviews for the affected papers, including reviews that contained duplicated text, a few individuals who did a lot of reviews, reviewers who turned in their reviews extremely quickly, and misuse of databases that publishers use to vet potential reviewers.

7_233_9.gif

The problem appears to be what are called “peer review and citation rings,” as found in another case at a scientific journal from another big publisher, Sage.

SAGE announces the retraction of 60 articles implicated in a peer review and citation ring at the Journal of Vibration and Control (JVC). The full extent of the peer review ring has been uncovered following a 14 month SAGE-led investigation, and centres on the strongly suspected misconduct of Peter Chen, formerly of National Pingtung University of Education, Taiwan (NPUE) and possibly other authors at this institution. (snip)

While investigating the JVC papers submitted and reviewed by Peter Chen, it was discovered that the author had created various aliases on SAGE Track, providing different email addresses to set up more than one account.

Consequently, SAGE scrutinised further the co-authors of and reviewers selected for Peter Chen’s papers, these names appeared to form part of a peer review ring. The investigation also revealed that on at least one occasion, the author Peter Chen reviewed his own paper under one of the aliases he had created.

These abuses involve fraud, but inevitably there are also “rings” of scientists who do not use false identities, but who mutually scratch each others’ backs to build up a record of publication by favorably reviewing each others’ work. The reward system in academia requires publication of articles in journals, and measures the number of citations those articles receive. Such a system is inherently vulnerable to cooperation among like-minded scholars who push each others’ work into print and cite each other.

The problem is “massive” and even when important papers are withdrawn, some continue to be cited and relied upon for further work. Science becomes a joke under such circumstances, with the possibility of real world catastrophe if the phony results become the basis for real world actions.
7_232_19.gif


My own view as someone who left academia after becoming a Harvard professor is that corruption has infiltrated the academy along with careerism and politicization. Correcting the situation will not be easy, but a first step would be to institute criminal penalties for research and review fraud. A “cultural revolution” of sorts is needed in academia, with a pervasive ethic of honesty enforced by social pressure as well as laws.

Hat tip: James Lewis
 

marsh

On TB every waking moment

Our Draconian Future Explained in Under Two Minutes: How Central Bank Digital Currencies Will Work​

By J.D. Rucker • Oct. 1, 2022

This is not science fiction. It’s not a “conspiracy theory.” It’s already happening now in many parts of the world and it’s being pushed with every ounce of power the Biden-Harris regime, Deep State, World Economic Forum, and globalist elites have over this nation.

Central Bank Digital Currencies are being snuck in the backdoor of America’s financial system faster than voter fraudsters snuck in ballots to be counted in the 2020 election.

Here’s a concise explanation. Pay attention:

Video on website 1:42 min
 

marsh

On TB every waking moment

POLL: 57% of Americans Believe an Economic Recession is Right Around the Corner

Jose Nino
Sep 30, 2022

As the stock market plunges and inflation continues doing a number on the American economy, a majority of Americans believe that the country is likely to go through an economic depression.

According to a recent Rasmussen poll, 57% of American adults believe that the United States will go through a 1930s-style depression. This includes 21% who believe that a depression is “very likely” to happen.

32% don’t think a depression is likely to happen. An additional 12% are unsure.

These figures haven’t changed much since May, when 55% believed a depression was likely to place in the next few years.

In a similar vein, 31% of Americans believe the stock market will be lower a year from now. By contrast, 29% believe it will be higher. 20% expect the stock market to have the same performance a year from now. An additional 20% are unsure.

Republicans (72%) are more likely than Democrats (47%) or independents (54%) to believe that it’s at least somewhat likely the US will go through a 1930s-style depression in the next few years.

By contrast, Democrats (43%) are more likely than Republicans (21%) or independent voters (24%) to believe the stock market will be higher in September 2023.

As far as race is concerned, whites (27%) are less likely than blacks (31%) or other non-white minorities (35%) to believe the stock market will reach a higher point than now in September 2023. 57% of whites and 55% of blacks and other non-white minorities believe it is at least somewhat likely the US will be under 1930-style depression conditions in the next few years.

Americans making less than $50,000 are most likely to believe the US will enter a depression in the next few years.

Pretty much everyone knows that the economic situation in the US is pretty putrid.

Unfortunately, many people will blame the country’s economic woes on “free markets”, speculators, or greed. In reality, the primary culprit is government policy. Namely, excessive government regulations or money printing that cause economic problems.

To stabilize the US’s economy a change in leadership in Washington is of the essence. The status quo that dominates in DC is not sustainable and will lead the country to economic turmoil when push comes to shove.
 

marsh

On TB every waking moment

Federal Research on Manipulating Brain and Rewriting DNA Should Worry Us All


by GreatGameIndia October 1, 2022 in Commentary, Lede, Top Reading Time: 5 mins read

DNA
We are now responsible for the course of evolution. Or, more accurately, a small number of scientists has the divine power to alter biology, and we will all pay the price for it in some way. The U.S. government is investing enormous sums of money into learning about genetics and the human brain, and ultimately, how to control those systems.

The National Institutes of Health (NIH) ramped up an ongoing study that was began eight years ago with the launch of its “BRAIN 2.0” initiative (Brain Research via Advancing Innovative Neurotechnology) last week. The scope and complexity of BRAIN 2.0, which provides $600 million to comprehensively map our 86 billion neurons and their uncounted connections, are comparable to that of the Human Genome Project. The project is anticipated to cost $5 billion in total.

Theoretically, once this accurate brain atlas has been built in silico, digital tools may be used to directly modify neural function. John Ngai, the director of the BRAIN Initiative, demonstrates an unsettling fixation on this approach.

Ngai recently spoke with Stat News and mentioned two specific outcomes of his ongoing neuro-mapping work. The first is a cutting-edge brain-computer interface that was implanted at the University of California, San Francisco last year and enables amazing thought-to-text communication. The other is a significant advance in deep brain stimulation at Baylor University, which involves implanting electrodes to change behaviour and mood in order to treat obsessive-compulsive disorder and depression.

The Defense Advanced Research Projects Agency (DARPA), where “man-computer symbiosis” has long been a paradigm, shares Ngai’s fixation with cyborgs. The defence agency’s participation in the BRAIN Initiative is publicly known and open. However, our greatest military minds also have a strong interest in human enhancement, in addition to the NIH’s stated goal of healing.

“DARPA has been a pioneer in brain-machine interface technology since the 1970s, but we began investing heavily in the early 2000s,” boasted Justin Sanchez, the director of DARPA’s Biological Technologies Office. “We’ve laid the groundwork for a future in which advanced brain interface technologies will transform how people live and work.”

In certain cases, this transformation uses non-invasive technology like wearable neuro-bands or skull caps in addition to brain implants. The DARPA programme manager Phillip Alvelda said, “Imagine what will become possible when we upgrade our tools to really open the channel between the human brain and modern electronics.” The program’s objectives include “Bridging the Bio-Electronic Divide” and developing a “High-Resolution, Implantable Neural Interface.”

If BRAIN 2.0’s atlas is effective, it will be an essential link across this “bio-electronic divide.” The area of the brain will be mapped and available for conquest.

‘The Century of Engineered Biology’
This insane effort to change fundamental biology goes all the way down to the genome. The White House said two weeks ago that $2 billion will be used by the National Biotechnology and Biomanufacturing Initiative to reshape life as we know it. “We need to develop genetic engineering technologies and techniques,” the executive order reads, “to be able to write circuitry for cells and predictably programme biology in the same way in which we write software and programme computers.” The Advanced Research Initiatives Agency for Health (ARPA-H) will receive an additional $1 billion, and a total of $6.5 billion has been proposed for its “high-risk, high-reward” projects.

Renee Wegrzyn, the new agency’s first director, informed her coworkers on Wednesday that people can now change their DNA at will. But because gene-editing technologies like CRISPR have become so accessible and affordable, she said that there is a serious risk to humankind from accidental pathogens or deliberate bioweapons.

“We’re ushering in the century of engineered biology,” Wegrzyn declared with a weird fake-smile, “whether it’s through gene-editing, or it’s through engineering of living medicines that will be in our gut — or in soil to promote fertilization and growth, especially as we face challenges like climate change.”

What more is in store for us in this “century of engineered biology”? Wegrzyn, a former programme manager for DARPA, predicts that this transformation will result in “human-machine convergence” and the development of “Human 2.0.”

“These are things that are somewhere on the horizon,” she told the Long Now Foundation in 2017, “that genome engineering and gene-editing will be a part of. So how do we make sure we can pursue this future in a safe manner?”

Wegrzyn, carrying the transhumanist banner, praised “defensive enhancement,” using mass vaccination as an example to strengthen our immune systems. Additionally, she talked about “offensive enhancement,” which includes changes to people’s “performance” and “cognitive state.”

She sneered, “It’s evolution on steroids, and now it’s in our control.” With a strange chuckle, she assured the audience that “we’re solidly on the defensive side.” If that’s the case, her DARPA projects were outliers at the agency.

It’s simple to see a gloomy future of progressively insane “safe and effective” campaigns when thinking about that culture of radical enhancement (pdf below) combined with the vaccine-obsessed NIH. The founding of ARPA-H seems to be a formal union between the biomedical establishment and the military-industrial complex, with BRAIN 2.0 acting as the stepchild holding the wedding band.

Federally Funded Transhumanism
For good reason, many sceptics, including myself, refer to this officially supported transhumanism. The connection is clear. The original transhumanist Max More declared humanity’s emancipation from our natural inheritance in his 1999 essay “Letter to Mother Nature“:

THROUGH GENETIC ALTERATIONS, CELLULAR MANIPULATIONS, SYNTHETIC ORGANS, AND ANY NECESSARY MEANS, WE WILL ENDOW OURSELVES WITH ENDURING VITALITY AND REMOVE OUR EXPIRATION DATE. … NOT CONTENT WITH THAT, WE WILL SEEK COMPLETE CHOICE OF OUR BODILY FORM AND FUNCTION, REFINING AND AUGMENTING OUR PHYSICAL AND INTELLECTUAL CAPABILITIES BEYOND ANY HUMAN IN HISTORY. … WHILE WE PURSUE MASTERY OF OUR OWN BIOCHEMISTRY, WE WILL INCREASINGLY INTEGRATE OUR ADVANCING TECHNOLOGIES INTO OUR SELVES.

We’ve entered a weird period where modifying human brains and bodies, as well as the underlying DNA, may soon be as commonplace as nose jobs and genetically modified tomatoes are right now. Your tax money are providing the groundwork for the essential decision to transition from healing to enhancement, which is just around the corner.

Selective abortions and smartphone symbiosis are current issues. Designer infants and wearable brain-computer interfaces will be the rage tomorrow. Renee Wegrzyn and John Ngai, to their credit, have both stated that we need public discussions on how far we go with these technologies. Trans children, offensive metaverse ads, and vaccine requirements have been all we’ve seen so far.

It’s crucial that you consider where we are right now and the direction that these efforts to alter DNA and irradiate brains are taking. We must insist on creating our own future plans, to the extent that our voices are heard, since irresponsible technocrats are already working on them, regardless of our opinions.
 
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