War economy

European Economies Spiral into the Abyss

Posted on by Helena

Tesla European sales are down.  The reason – Elon Musk is cutting government waste and costs in America.   That’s the MSM logic meter.  But the truth is that car dealers are moving to hybrids given electricity prices in Europe are rising exponentially.  Why?   Because cheap natural gas from Russia is sanctioned, while windmills have reached their lifespan and decommissioned and solar is being vaporized by Bill Gates sun blocking initiatives.  In other words, EV automobiles cost too much to operate because of EU Commission ignorant policies.

It is more important to hate Russia than it is to service European citizens.  Since 2020, the price of energy in the EU has risen 450%.   The Financial Times claims that demand must be lowered.  So much for ‘clean energy’.  A  self-combusted agenda that has failed miserably and caused households irreparable harm. 

These energy policies, aka cheap oil and gas from Russia, have also impacted Europe’s manufacturing output, creating inflation, and hardship for everyone not receiving 45% wage hikes.  Since 2022, the EU Commission has given its staff 7 wage hikes.  The most recent, effective April 1st, is for 8% at the high end for Queen Ursula.   This inflation discrepancy is marred in the US as well with Congress asking for 25% to 45% in wage hikes to counter inflation while simultaneously declaring inflation rose 2.5% for Social Security retirees.

One For Thee, Fifteen For Me. 

Yet somehow, Ursula is claiming the EU will increase military spending by $1 trillion.   How?   She has no idea.  She has no training in economics, finance, accounting or any other related degree proficiency.  In fact her expertise is in the medical field.  Wholly unqualified,  she is in charge of running the entirety of the EU. 

In January 2025, new EU car sales dropped 2.6% led by France, Germany and Italy.  In February they dropped again by 3%.   The reason?  The EU is in a cataclysmic downward spiral driven by energy.   And the reason for an energy recession is simply because they refuse to lift Russian sanctions.  Zelenskky recently blew up a pipeline terminal in Russia that provided gas for the EU.   Meaning – the spiral will accelerate.

Blaming Musk because he supports leaders in the EU who embrace their citizens instead of a Soros dirge, is the media hype in a funeral march.  

 Europe’s natural gas supply comes from a mix of sources, including pipelines from Norway (30%), Algeria, and Azerbaijan, and through Liquified Natural Gas imports from the United States (20%), Qatar, and Russia.   Obviously, imports from the US  and Qatar would be shipped via tanker – running on diesel fuel.   Austria and Hungary get their LNG  from Turkey which gets it from Russia – a middle man price scheme.

In the midst of these economic spirals, Germany and France have announced their transition to a war economy, wherein higher taxes, more borrowing and higher inflation are typically interdependent.  It also means shifting the workforce out of manufacturing of goods and transferring that labor to the production of military equipment and weapons.   Further reducing competitive trade in favor of the anticipation of future warfare.   In this scenario – likely 2035 or beyond.

This shift collapses innovation particularly in the fields of technology and AI.   The two technologies that are the basis of the future.   In that realm, the EU will have to rely on other nations for those developments – which would necessarily be China.  A decision born of a medical student – Von Der Leyen, and not a strategist, economist, or scientist.  Leaving the future of the EU with weapons that are strategically obsolete in a world of AI and cyber technology. 

“At a political level, there is a lot of talk about increasing Europe’s military capabilities, but it is at very early stages,” said Naas. “Europe starts from a strong position, with strong fiscal resources and manufacturing capabilities.”  Timothy Rooks, DW.  

A statement worthy of an ostrich with his head in the sand.  

Economy: JP Morgan Warns of Stagflation Throughout The West

Posted on by Helena

Jamie Dimon of JP Morgan has issued a warning that the US is heading toward Stagflation – an economic downturn reminiscent of the 1970’s under Carter.  Stagflation means high inflation, high unemployment while the stock market tanks.  The fake numbers pushed by the Federal Reserve and the Biden/Harris White House may fool the fools, but BRICS countries are well-aware and Treasuries could become the biggest HIT.

Intel is in a bailout.  So far the Biden regime has funneled over $12 billion into Intel’s coffers as the great selloff has spiked their share price.  June 2024 Financials reveal a net loss to date of $1.61 billion, representing a profit margin loss of 12.55%.  The darling of tech, Intel, was supposed to bail out the chip dilemma as China is now considered persona non grati.

All those chips are a necessary component of the US military, ie weapons.  Peaking at a share price of just over $50 December 2023, Intel stock is down to $19.66 – a loss of 61%.  Sellers include Warren Buffett.  In August, Intel announced that it would layoff 15% of their workforce. 

But it is a broader picture than just Intel, the tech industry has laid off more than 550,000 employees since 2022.  What caused this tech transformation?  The WH policies fomenting inflation, high interest rates, wars, and the looming stagflation.  Biden’s response?  Give Intel a bailout of more money that the Treasury has to print causing even greater inflation.

Should Trump win the election, this is the burnt economy he will inherit.  Biden’s legacy of America’s internal economic destruction.  A destruction not facing BRICS countries.   A destruction that will ensnare every ally of America.   The ‘pretend’ environment created by Biden’s Bloomberg handlers is spiraling uncontrollably.  No amount of fake numbers will cause it to survive.

What did the 1970’s look like?   Gas lines.  Interest rates into 20%+.  Housing collapse.  Construction collapse.  Unemployment.  Shortages of everything.  Collapsed currency values.  It was – NOT FUN!  The largest difference between now and then is our 20 million illegal immigrants who will not find jobs – and simply became gangland criminals. 

As every media outlet poured onto the Springfield Ohio Haitian dilemma, the blame for the ‘bomb threats’ has been levied against Trump.  Oddly, these bomb threats are being sent via email according to the Mayor.   EMAIL.   Ordinary citizens don’t have protected ‘EMAIL’.  And not one FBI agent can track an email… meaning the threats are from within.  Secondly, it is noteworthy that the crime rate in Springfield is 12.7 per 1000 vs Ohio’s rate of 2.98 per 1000.     

From 1969 thru the 1970’s crime in the US increased dramatically.  The causes include drug trade and unemployment due to stagflation economics.  The government took no responsibility for the surge and instead decided to blame ‘inequality’.   The fact is, government economic policies were the direct cause of crime then and will be again as we approach a similar repeat.  

What changed in the 1990’s that precipitated a 43% decline in violent crime?   The economy.  As initiated by the Tech industry.  A direct correlation.   It also coincided with an increase in the police force across the US. Between 1987 and 2016, the police force increased by 38%. 

Economists are apparently quick to call stagflation but assert they don’t really know how to manage this sort of economy.   Thus, joining the ranks of incompetence.  What it is is a death sentence to the West and another huge benefit to the BRICS whose latest  summit realized an alliance of trade and sovereignty giving many countries a sigh of relief!  War destroys economies.  

What other country makes ponzi ice cream with its numbers?  Israel.   Israel’s GDP is estimated to be between $473 billion to $573 billion – a differential of 21%…  Israel’s war budget is now an annual of $150 billion representing 32% of its GDP.   Ukraine has no GDP – except for its continued trafficking industry.   It has no war budget because the US and UK pay for it.  By comparison – the US military budget as a percent of GDP is 3.45%.  Of course that doesn’t include the ‘funny numbers’ the ‘black book’ or the Pentagon’s ‘oops numbers’.  Still it is a far cry from 32%.

The Times of Israel estimates that 60,000 businesses will shut down in 2024, nearly breaching the number set by the Pandemic.  Their economy is quaking!   Mass exodus of Israelis coupled with no Palestinian purchases, agriculture abolished, the call of over 250,000 reservists no longer contributing to the economy, and technology fading are all simultaneously breaking the back of –  Israel.

And Netanyahu doesn’t care, because all he sees is mass destruction which could cause Israel to no longer exist at its own making…

It took 20 years for the US economy to recover from its 1970’s government policies.  And economists apparently have no idea how to make a recovery happen…  The WEST is losing.   And the only solution they believe will make their failures disappear is a nuclear war with Russia and China.

US ECONOMY: Federal Piglets Declare US Economy is GRRRREAT!

Posted on by Helena

ALL The King’s Piglets Claim The Us Economy Is Just Fabulous, Darlink!   For whose Bell do they toll?  

Retail profits hover at roughly 3-5% Net.   Oil Company profits are down significantly.   Food Distributors profits are collapsing.   Banks are raking in net profits over 30%.   Military Industrials are losing their grip.   Shipping companies are profitable but have lost significant trade in the past year. Pharma is an anomaly with many major companies tanking while others are profiting rather well – into the 20% range.   According to our esteemed, Janet Yellen, this all means the US economy is vibrant and strong and we should definitely support two wars – maybe three!!

Where exactly is the money going? The infamous $6 trillion Budget…?

According to the US Treasury, “The U.S. government has spent $5.50 trillion so far in fiscal year 2023 to ensure the well-being of the people of the United States”:   This would be up from the $5.35 Trillion the previous Fiscal Year on a total spending of $6.27 Trillion.   Up a mere 43% over 2019 expenditures.

The Treasury states that of the $5.5 Trillion spent so far, an additional $2.8 Trillion is scheduled to be paid by the end of the fiscal Year, ie, $8.3 Trillion obligated expenses have been noted as of August 30th – a near 90% increase since 2019 – despite no Pandemic.   On revenues of $3.97 Trillion – 10% lower than the previous year.   Leaving a Deficit of $4.33 Trillion which will require more debt.   But don’t worry – everything is just great!   Says Yogi Bear…

The largest categories of expense include:   SS – 23%, Health – 15%, Defense 13%, Medicare 13%, Income Security/Welfare/Pensions 13%, and net Interest – 11%.   Net Interest:   11% of $8.3 Trillion in Net Debt is $913 Billion annual payment.   We will need to increase our debt by 12% to keep flush with deficit spending.   Given we are not paying down our debt by one dime – hyper-inflation is the likely end result.

The manipulated black book account of our Federal Government is likely to reveal that true inflation has already reached hyper-effect, and the numbers are severely manipulated to preserve the illusion. Citizens see this – Citizens know this – yet the Government SPIN is to protect the illusion.

Revenues DOWN – Spending UP.   Yet the economy is in great shape according to the desk jockeys who have evolved from compulsive lying to pathological lying.  Kings and his Piglets applaud.

Within this diaspora of spending, The Economist is chastising Western Economies for not writing off more debt of African nations.

Africa’s debt has doubled since 2010 to $2 Trillion.   Yet the US sitting on $34 Trillion, plus the $4.33 for this year = $38.33) – is supposed to increase that further to accommodate – Africa.   Our debt to GDP will be 165% as of FY End 2023. Africa’s is 60%.  Who has the biggest problem?

According to the International Monetary Fund – Africa’s Debt is a “Crisis”. A good ratio is considered to be below 55%.   Yet the US is not mentioned as being in crisis on a 165% basis. WHY?

According to the IMF, Africa can not reduce expenditures, so therefore it must raise revenues via taxes in order to bring them in compliance with the below 55% mandate.   In the US that would translate to a 150% tax increase, a stagnation of expenses, and ten years to pay down the debt.   Of course, 150% tax increase would send the US into a depression and revenue would no longer exist at all.

But we don’t have CPA’s running the country, we have Lawyers. Lawyers without a whit of intellect when it comes to finances. Lawyers who can’t see forward beyond 60 days, much less five or ten years.

Unfortunately, the very erudite Economist Magazine doesn’t discuss actual financial economics – instead it focuses on Climate Change, China, Diversity & Equity, China, Eating Less, China, and other nonsensical idiocies that will not bring a solution to – anything.

AI is a topic within this spiral of economies.   While it can be used to better graph business profitability providing more intensive budgets, that does not translate to government.   WHY?   Simply because government doesn’t want to.   Government doesn’t want to balance the budget or pay down debt.   That would entail a reduction of government itself.

Since 1982, the US government has expanded from 12 million to 20 million employees – an increase of 58.3%.   When Company budgets become unsustainable, they layoff employees.   When the government budget becomes unsustainable they create MORE Departments and Committees ostensibly to analyze why government is spending more.   These new agencies are typically given a five year span for their analysis, extended due to unforeseen circumstances to seven years… only to find the final report ‘outdated’.

That is the Lawyer solution.   I’m obviously not much of a fan.

January 2021, the Biden White House signed an Executive Order aimed at “protecting, empowering, and rebuilding the Federal Workforce” – effectively unionizing the federal government.   The EO rescinded every EO or Memorandum issued by Trump to this regard, including ‘merit system principles of employment’ and eliminating “disciplinary and unacceptable performance policies.”

What this attains is a Federal Workforce of idiots who can never be disciplined or fired for gross incompetence.  When this occurs, additional employees are necessary to pick up the slack of those who are abjectly incompetent but will never be fired.

At some point in time, the Great RESET will require the elimination of Government and their 20+ million employees.   The Lawyers will demand their pensions – and the till will be empty.   Social Security, Welfare, Medicare, will evaporate.   This is why the Lawyers running the show frantically need to boost their subversive black book money laundering back to politicians who are aware that their role is finite – via Ukraine and now Israel.

Department spending on education, transportation, and pharma will no longer exist.   The elderly will likely be offered the alternative – euthanasia.

Enter “Logan’s Run”:

Made in 1976 – “young residents enjoy an idyllic, hedonistic lifestyle within the protective confines of a domed underground city. The general belief is that when each person turns 30, they are reincarnated for another blissful life cycle and must submit to the gas chamber. Those who know the much darker truth become “runners” and flee to a hidden sanctuary.”

The purpose is to protect the limited resources having calculated that a certain number of people may exist simultaneously.

The Revelation?    The Great RESET of depopulation and population control was conceived in 1976.