Thursday, November 14, 2024

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Achtung! Producer Prices in Germany Jump 7.9 Percent in August to 45.8 Percent, Highest Jump in Prices in History of German Economy

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    from The Conservative Treehouse:

    The statistics behind the energy impact upon the German economy, the largest economy in the European Union, are almost unfathomable in scale.  There is no way for the German industrial economy to continue with this level of price pressure.  Stick a fork in the current creation of German industrial products and exports, the inflection point of feasibility for continued production has been crossed.  They are done.

    ‘The Dollar Is Once Again The World’s Problem’ – Chinese State Media Urges ‘De-Dollarization’ Amid Fed’s “Financial Looting”

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      from ZeroHedge:

      On the eve of The Fed’s big decision to hike rates 75bps or 100bps in an effort to shock the system and tamp down out of control inflation, no lesser entity than the CCP-backed Global Times penned an editorial attacking US monetary policy, entitled: “The strong dollar should not become a sharp blade to cut the world.”

      The editorial begins by noting that tomorrow’s rate-hike will likely further strengthen the US Dollar, which “for many countries in the world,” China says, “might be the beginning of another nightmare.”

      Goldman Sachs and Morgan Stanley Have Mysteriously Disappeared from this Week’s Senate and House Banking Hearings

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        by Pam Martens and Russ Martens, Wall St On Parade:

        There are eight Global Systemically Important Banks (G-SIBS) in the U.S. They are: JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs, Bank of New York Mellon, Morgan Stanley, State Street and Wells Fargo. These are the banks that pose the greatest risk to the stability of the U.S. financial system and are monitored under the Federal Reserve’s stress tests.

        Five of those eight banks pose the greatest risk to financial stability because together they hold $200.18 trillion (yes trillion) in notional derivatives (face amount) or 86 percent of all derivatives held by all of the nation’s banks, according to the Office of the Comptroller of the Currency – the federal regulator of national banks. Those banks are: JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley, and Bank of America.

        Economic Collapse Has Arrived In Germany. Will The U.S. Be Close Behind?

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          by Michael Snyder, The Economic Collapse Blog:

          Things are starting to get really crazy in Germany.  The Germans are dealing with the worst inflation crisis that they have seen since the days of the Weimar Republic, and meanwhile economic activity is starting to shut down all over the nation.  Of course other European countries are facing similar problems, but Germany was supposed to be the economic rock that the rest of Europe could always depend upon.  Unfortunately, the decision by the Russians to cut off the flow of gas through the Nord Stream 1 pipeline is hitting Germany extremely hard.  If we could just get both sides to agree to end the war in Ukraine, that would greatly help matters, but that simply isn’t going to happen.  In fact, it appears that Vladimir Putin has decided to greatly escalate matters, and the western powers will inevitably greatly escalate matters in response.  What this means is that the economic turmoil that we are witnessing in Europe isn’t going anywhere any time soon.

          THE HECK? FBI whistleblowers say agents are being pulled from “child sex abuse cases” to investigate “domestic violent extremism”

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            from Not The Bee:

            Choice quotes:

            • “On July 27, 2022, we wrote to you about protected whistleblower disclosures that FBI officials including an Assistant Special Agent in Charge from the WFO-were pressuring agents to reclassify cases as “domestic violent extremism” (DVEs) even if the cases do not meet the criteria for such a classification. Since then, new whistleblowers have come forward with concerning information about how the FBI is deliberately manipulating the way case files related to January 6 investigations are maintained in order to create a false and misleading narrative that domestic violent extremism is increasing around the country.”

            Posobiec: Globalists Are Preparing to Launch “Climate Change Lockdowns”

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              by J.D. Rucker, The Liberty Daily:

              Until recently, much of the nation and the world was under the thumb of authoritarians who demanded Covid-19 lockdowns in a “short-term” effort to “slow the spread.” It was a lie from the start; the two weeks to supposedly flatten the curve turned into two years of hell for tens of millions of Americans.

              While it seems they are preparing for Pandemic Panic Theater 2.0, they are also getting set up to engage in their longer-term goal of “Climate Change Lockdowns.” That comes from a report by Jack Posobiec reacting to an article by the World Economic Forum touting the successes they had with Covid-19 lockdowns and projecting how they will apply the same practices for climate change.

              Flight Records Indicate the Next Stop for DeSantis’ Illegal Migrant Express is Biden’s Own Backyard

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                by Kyle Becker, Becker News:

                While the mainstream media implodes over Florida Gov. Ron DeSantis showing the world that lily white liberals’ offers of being a ‘sanctuary city’ to illegal migrants is only theoretical in nature, there are more flights coming for the ‘Not-In-My-Backyard’ crowd.

                Left-wing journalist Judd Legum noted that the next arrival for the DeSantis Express appears to be Joe Biden’s ‘backyard’ in Delaware.

                Episode 2167: More Than 78 Terrorists Have Been Apprehended At The Border

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                  from Bannons War Room:

                  TRUTH LIVES on at https://sgtreport.tv/

                  Insider’s Info on Three Gorges Dam and China Infrastructure

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                    by Kerry Lutz, Financial Survival Network:

                    John D. Kuhns spent 10 years in China. He founded China Hydroelectric Corporation, which developed or acquired 27 hydroelectric stations generating 563 megawatts in the People’s Republic of China. If anyone knows what’s going on at the Three Gorges Dam and the rest of China’s hydroelectric infrastructure, it’s John. Evidently Quality Control (QC) is not something that is important in China. John worked around these issues on his projects, but there was little or no QC at 3 Gorges.

                    INTERNATIONAL MEDICAL CRISIS: Over 400 doctors and scientists in India declare COVID vaccine programs must end

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                      by Lance D Johnson, Natural News:

                      Over 400 doctors, scientists and health officials from India were represented at a September 10, 2022 press conference that DENOUNCED the covid-19 vaccine program. These scientists and medical professionals have declared an “international medical crisis” because the covid-19 vaccines have failed and are associated with excess mortality that is not being properly investigated by health authorities on a global scale.

                      The formal declaration states: “We are currently witnessing an excess in mortality in those countries where the majority of the population has received the so-called ‘COVID-19 vaccines.’ To date, this excess mortality has neither been sufficiently investigated nor studied by national and international health institutions.”

                      Worldwide ANTI GENOCIDE Protest & FREEDOM Rally. No To Extermination! Anti-WEF! Anti-NWO! Pro-Human!

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                        from Tim Truth:

                        TRUTH LIVES on at https://sgtreport.tv/

                        HUGE CRASH IN HOUSING PERMITS AS THE HOUSING SECTOR IN THE USA IMPLODES

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                          by Harvey Organ, Harvey Organ Blog:

                          GOLD CLOSED DOWN $6.65 TO $1663.05//SILVER CLOSED DOWN 18 CENTS TO $19.17//PLATINUM ROSE BY $2.45 TO 921.15//PALLADIUM CLOSED DWON $69.10 TO $2147.10//UPDATES ON EUROPE/GERMANY’S ECONOMIC WOES RE ENERGY//HUNGARY’S GAS STATIONS WILL RUN OUT OF GAS IN ONE WEEK//EU THREATENS HUNGARY AGAIN AS THEY REFUSE TO TOE THE LINE//SWEDEN SHOCKS MARKETS WITH A 100 BASIS POINT INTEREST RATE RISE//RUSSIA VS UKRAINE UPDATES//COVID UPDATES//VACCINE MANDATES//DR PAUL ALEXANDER///VACCINE IMPACT//VACCINE INJURY//ATLANTA FED LOWERS Q3 GDP TO ONLY .3% YEAR/YEAR: IT WILL BE BELOW PAR BY THE END OF THE QUARTER//HUGE CRASH IN HOUSING PERMITS AS THE HOUSING SECTOR IN THE USA IMPLODES