GLOBAL DEBT DEFAULTS: The Next Phase of Cartel Chaos

As global inflation/stagnation/recession envelops less developed countries, the likelihood of them having the ability to pay their debts is diminished to – zero.   The largest debt holders of these African, Asian and Latin America nations are China and Japan.   But middle east countries are also on the line for massive debt agreements, including Iraq.  In 2020 before the ravages of the WHO induced Pandemic, outstanding debt of developing countries topped $11 trillion.   The debt service is roughly $4trillion and growing.  

Debt relief means a country is absolved of its obligation and the countries or institutions holding the debt write it off as a permanent loss.   In that context, it is not unlike the student debt writeoff – the end result is further devaluation, further inflation, and further poverty.  A cycle that is created every few decades as a sort of Cartel RESET.  

Micro-loans were the newest instrument used to collateralize countries into default given interest rates as high as 40%.  A Cartel Arrangement – albeit legal.   The Green Fund created for Climate Change is such a micro-lending scam.   The funds absconded from various country’s taxpayers are deposited into international banks which use the funds as regulatory deposits to make micro-loans.

Countries facing default today include:  Ukraine, Sri Lanka, El Salvadore, Ghana, Egypt, Tunisia and Pakistan.   In total 40 countries are facing this potential.

While the purpose of the ragland sanctions against Russia was to initiate their debt default, the sanctions backfired horribly.   Exploding gas prices and alternate buyers in the wings proved a massive win for Russia and a further angering point to the Cartel.   In retaliation, the Cartel doubled down to advance their RESET more quickly.

Defaults have a number of consequences:

For some countries it means a transfer of ownership – as in the spoils of the country now belong to the debt holder.   Or it means internal chaos and a warlord mentality similar to The Dark Ages.  Sri Lanka.   During the Obama Regime – the Federal Cartel purposefully kept interest rates at 0% to entice developing countries to borrow.   It was also the recipe for a recession recovery – LOW interest rates!

Because interest rates are now up 2.5 basis points with more next month the recession has created shortages some real and some manufactured.  Tourism, which is the basis of many countries recovery from Lockdowns has defaulted given the rise of airfares hotels and related costs.  These countries are frantic to reconfigure their debt.   Too late.   Because this is the exact stage the Cartel desired.

With the US Federal Reserve Cartel ramping up interest rates they exasperate the global debt defaults while devastating US industries, most specifically the Construction Industry.   

The US Construction Industry is a $1.5 trillion annual revenue source employing 7-10 million workers.  When this industry falls the related dominoes are mind-blowing!   The manufacturing and mining segments are dependent on construction.  

Instead of ‘preparing’ for this inevitable crisis, the Biden WH is busily spending more untold dollars on bailouts, military inventory depletion, Ukraine, green failures, and literally anything that has absolutely zero VALUE to preserve or reignite our economy.   2024, is too late.

If we look at the economy under Trump’s policies, the global condition was a positive.   But in a mere18 months, The Cartel has managed to destroy the US oil industry, US food industry, US auto industry, and now the US construction industry.   We don’t have 2 more years.

With a perfect credit score today’s mortgage rates are pushing 5.625% to nearly 7% – depending on your state.   Insurance rates have risen as well due to crime stats.   Rentals have gone up as much as 40%.   All while job cuts increase 10% to 20%!

As a result, Powell has declared Americans will “feel the pain”!  That PAIN will be caused by Gerome Powells adherence to the All Might Cartel dictatorial regime.

Comparing the economic effects to the Carter years is not a valid comparison.   The US productivity for the first quarter of 2022 was more than double the highest negative during the Carter regime.   Borrowing rates reached as high as 25% during the Carter years extending the recession into depression status.   The Federal Cartel kept raising rates as a means to stagnate and prolong ‘the pain’ reaching a 20% prime rate.  The same economic responses  a corrupted Powell’s employs on Americans today.

Carter’s recession lasted from 1980 until 2003 before GDP recovered to its 1979 levels.   And unemployment hit 10.6%.    When Powell and the Progressive economists say this recession will last thru 2023 – the reality is the recession is scheduled to last until 2030.

Like the Biden WH Cartel, Carter claimed the reason was an oil shortage – economists immediately tightened the money supply with the reasoning that high inflation would subside high unemployment.   It Did Not WORK!

Everything Carter did – failed The People.   And that exact same destruction is Gerome Powell’s blueprint.   Including the Regime blaming the entire global destruction on Russia and High oil prices despite available inventories being shuttered.

But Carter was a Cartel Elite.   One of the worst President’s in history – Biden is likely set to beat that Legacy.  Not just for his incompetency, his dementia, and his failures, but for his abject corruption within the frame of Hunter, China and Ukraine.

Zelenskyy, the Ukraine comedian bohemian, still believes that Soros is going to force the global economy to ‘rebuild Ukraine’ – demanding $1 trillion for the ‘project’.   But our money and weapons will be completely depleted.   And Ukraine will become ‘dust to the wind’.   Along with a host of debt riddled developing nations. 

UNLESS We Rise as ONE and awaken to the Chaos before it consumes us!

The Economist & YALE Leadership Institute: America Recession Good – Russia Recession Bad

Yale’s Leadership Institute has released a paper that claims Russia’s economy has been dramatically affected by the western sanctions!  Dastardly!   The ‘scholarly paper’ is the first and only for most of the esteemed authors and provides nothing in terms of evidentiary statistics or fact – instead it is a compilation of opinions.   And incredibly Boring!  The bios of the authors are equally inane citing their opposition to Trump, and their promotion of all things “left-leaning”.   True to NGO exceptionalism – their LAST Financial Report is 4 years old – and somehow the IRS doesn’t seem to mind?

Deemed ‘Yale’s Team of Experts’ – these one time claim to fame comedians include:  a first year undergrad student from Poland who hopes to major in economics.   A kid who recently got his bachelor degree majoring in political science.  And a group of kids under the kingship of Jeffrey Sonnenfeld whose stated life purpose is to shake and disrupt Russian civil society so as to impose a coup.

That’s unbiased news fer ya.

But once again Germany’s government controlled/Soros edited DW is espousing this benign article as though it is glorified absolute scientific factoid.   Sonnenfeld, the leader of these misfits is a professor whose mother fled the Bolshevik takeover of Russia in 1920.  Now he claims to be the Director prima facie of nearly every global leader associated with Western Collapse.

So, what is Russia’s economic status?   I don’t know – and neither does any western yahoo.   Economic figures for China, Russia, Africa, South America, etc…  are NOT published.   Instead, organizations such as Yales Leadership Institute, World Bank and the UN routinely create opinion points and produce their version of numbers to propagandize global opinion.  Translation:  they make it up!  Much like the Brandon Handlers declaring that a recession is not a recession, a vaccine is not a vaccine, and science is not absolute – ever – unless it fits their narrative.

When western companies ‘leave’ Russia – it impacts Russia – but it also impacts the bottom line of the company. That in turn lowers share pricing.   Damaging shareholder equity.   Damaging the portfolio’s of Western investors.  And destroying 401-k’s and Pensions.

Starbucks shares have dropped 36% ytd.   Apple ytd down 11.4%.   Netflix down 62% ytd.   Of course multiple factors contributed to their demise, however, from the perspective of shareholders, further purposeful tanking an already listless stock by eliminating sales in Russia is a political catastrophe that could result in lawsuits for mismanagement!

But the point of the unscientific misfit paper is to distract from western countries imminent collapse under the tutelage of the Crown Elites.  Moving the goalposts.   Propagandizing.  Russia’s economy should NOT be our concern as we spiral into a Recession!   A more important conversation would be to ask who will rise from the Dust and Ashes?

The Economist has levied its opinion on a protracted economy by declaring there are “Silver Linings”.  WE SHOULD ALL BE HAPPY WE ARE IN A RECESSION!  For example, FIRST:  higher inflation means consumers are ‘rebalancing their spending’.   Owning lesS;  going without such nonessential commodities as cars, food, homes, clothing, etc…  Whereas retailers stumble and fall into the cataclysm.   Auto manufacturers fold.   And Construction companies go bankrupt.   FUN!

Therefore, in the upside down topsy-turvy world of Alice’s Queen –  an economic downturn is good – but in Russia it is a western success… that should be attributed to Putin’s failure.   WHAT???  

Obviously, The Economist did not get the memo from Yale and shot themselves in the groin ag

In addition, SECOND:   The Economist in line with WEF is calling for the elimination of privately owned automobiles so as to balance ‘green energy’ – as a positive solution to the Recession.   Of course, the ‘happy card’ is pulled and The Economist has declared that they know people are ‘cherrier about their finances’.   I suppose they never really asked anyone – but the statement does support the WeF Happy Factor.  Likely a result of Big Pharma drugs and psychedelic mushrooms!

THIRDLY:   The Economist has decided that the US needs MORE immigrants given a shortfall has contributed to America’s recession.   Apparently, The Economist believes the immigrants all hold valuable degrees in engineering, IT, AI, and are comprised of doctors, nurses, and managers!   AH!

The SPIN.

The Spin’s are running out of steam and have become laughable.   As a result, previous stalwarts such as The Economist, WSJ, NYT, USA Today, NPR, etc… have lost their mojo so to speak.   They have become ‘tabloids’ with all the factual content of The Enquirer.  Desperate, they have lost the chess match and are trying to hold on to their king with three pawns.   But the game is over.  The BRICS will gain traction.   And once again, the Queen’s Gamet of Royalists will be relegated to the basement for rebooting.