HOW AMERICA ENDS: Putin announces new BRICS global reserve currency project to REPLACE the petrodollar

BY MIKE ADAMS

SEE: https://www.naturalnews.com/2022-06-24-putin-announces-new-brics-global-reserve-currency-replace-petrodollar.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) Although the biggest news of the week is undoubtedly the US Supreme Court overturning Roe vs. Wade, there’s another bombshell that quietly broke two days ago — one that will have vastly more profound devastating consequences on the world than any decision coming from SCOTUS.

Russian President Vladimir Putin announced that BRICS nations are going to roll out a new alternative to the US dollar’s global reserve currency status. As reported by IndiaTimes.com:

According to the Russian president, the member states are also developing reliable alternative mechanisms for international payments. Earlier, the group said it was working on setting up a joint payment network to cut reliance on the Western financial system. The BRICS countries have been also boosting the use of local currencies in mutual trade.

But this is only the beginning of the bombshell here.

We also know from industry sources that “Project Sandman” refers to a group of over 100 countries that plan to simultaneously denounce the US dollar as a global reserve currency. This will likely take place on a Sunday evening, USA time, says Andy Schectman, the CEO of Miles Franklin (a gold and silver dealer). He told me this in an interview recorded yesterday, to be aired soon.

The new replacement currency will be powered by blockchain and backed by gold, which is why member nations have been rapidly stockpiling gold supplies in anticipation of the big announcement. When that announcement comes, nations that represent nearly 75% of the world’s population will simultaneously denounce the US dollar and roll out a gold-backed, blockchain-audited international currency system that will instantly become the world’s currency choice for free trade and a store of value.

The dollar, backed by nothing but more money printing and incompetent political leadership, will collapse toward zero. Virtually overnight, goods and services sold in America will increase in price by 1000%. And that’s only the beginning: The dollar will continue to lose value by the hour as the world’s holders of US Treasury debt and dollar currency dump it all at any price.

Those holding dollars will lose everything.

The United States government will quickly collapse in parallel with the collapse of the dollar and the US central bank. There will be no money to pay military troops or pay off corrupt government officials. All government salaries and pensions will be effectively halted. The great neocon empire of debt, lies, and death will implode so rapidly that people will be psychically shocked and physically unprepared.

Russia, China, and India will emerge as the economic leaders of the world, and the US empire will cease to exist. The former United States of America will be broken into regional nation-states, divided largely among political lines with the satanic, anti-American Left seizing control of the coasts, and conservative, pro-America, pro-liberty, pro-Constitution groups dominating the rest of the country. Expect a very real civil war to ensue, with massive casualties.

Russia knows that it can defeat America simply by joining the world’s efforts to declare America’s dollar currency to be null and void. No nuclear war is necessary. America it already highly vulnerable to this sort of collapse due to the nation’s massive debt and spending addictions. Russia and China are merely sucking the air out of America’s collapsing currency, knowing that economic gravity will do the rest.

The Belt and Road Initiative – the future of world trade WITHOUT America and Western Europe

Examine the following map, depicting China’s Belt and Road Initiative, consisting of protected, high-efficiency trade routes among countries representing about 75% of the world’s population:

This Belt and Road Initiative will speed trade among member nations, and it will use China’s new “digital yuan” currency backed by gold and audited by blockchain technology. (Please watch my upcoming interview with Andy Schectman for a lot more on this, as Andy has been following the topic quite extensively.)

Notice what’s missing from this map? America and Western Europe.

That’s because America — the military and economic bully of the world — isn’t welcomed by other nations. America doesn’t play nice. America bombs anyone it wants while weaponizing the SWIFT system to punish its political enemies, and now that the world has come to realize the dollar is a weapon rather than a free trade currency, nobody wants anything to do with America from here forward.

The economic sanctions against Russia were the last straw for the dollar, it turns out. And the USA has nothing left to back its currency: Not manufacturing, not labor, not agricultural output, and not even gold in the vaults. The USA no longer has fair and free elections and no longer has freedom of speech. On top of that, the USA has political prisoners rotting in jails in DC while the FDA harvests organs from aborted human babies to use for medical experiments. In other words, the USA occupying an illegitimate government, under demonic influence, has become a great evil in the world.

Western Europe is run by lunatics and “woke” propagandists who are committing economic suicide by outlawing every form of energy that matters. The EU is disintegrating, and the Euro currency likely will collapse within the next year. Western Europe is on a suicide mission, both economically and culturally, as the nations of Europe can’t even protect their own borders from mass migration. (Nor can the USA, for that matter.)

America as you know it will soon cease to exist

The era of Western Civilization is coming to an end. It will be characterized by the collapse of the dollar, a global repudiation of the petrodollar status, a collapse of the rule of law across the United States, a collapse of the stock market, pensions, bond market, and crypto markets, a collapse of the food supply chain, and a collapse of the fuel and transportation infrastructure. This will, in turn, take down the power grid in many areas, leading to a Mad Max-style scenario from which a few capable survivors will attempt to flee.

Before the end of 2025, as I have publicly predicted for at least the last five years — America as you know it will cease to exist. This has been the plan all along from Barack Obama, Hillary Clinton, Joe Biden, and plenty of RINO neocons, too (the Cheneys, Bushes, etc.). They needed to take down America in order to achieve a one-world government under the fascist United Nations, with universal gun control, universal vaccine mandates, abortion “rights,” engineered global starvation, and total control over all speech and elections.

Their agenda is failing at many levels, however. Roe vs. Wade was just struck down by the US Supreme Court, for example, and there are elements at work that are looking likely to achieve key indictments against deep state players. However, any state that wants to exist after the dollar collapses must be ready to roll out its own gold-backed currency on an emergency basis. Texas is largely prepared to do this, but few other states are ready. The re-establishment of trade and commerce (following the dollar collapse) is going to be the key to surviving the demise of the dollar.

Texas is America’s No. 1 exporter of goods, by the way, and the Texas economy is larger than most nations on the planet. So is the economy of California. But California is run by child-murdering, demonic fascists while Texas has the world’s best Attorney General (Paxton) and a strong contingent of pro-human, pro-liberty, pro-Constitution Americans who are ready and willing to relaunch the spirit of America in the new Republic of Texas, when necessary. #TEXIT

But no matter what happens domestically, America’s days of being able to run around the world, threatening everybody with military strikes and dollar weaponization will soon be over. And without the ability to print money and defraud the world into buying soon-to-be-worthless US debt instruments, the United States military will have no funding to continue operations or build new weapons. It will eventually be disbanded.

What happened to the former Soviet Union in 1991 is about to happen to the United States of America: A collapse of the ability to continue to fund the bureaucracy and military that propped up the system the entire time. The USA has sadly devolved into an empire of debt, lies, and death. The country is currently ruled by an actual death cult, but those days are fast coming to an end with the imminent collapse of the demonic dollar and all the evil that money printing has enabled since 1971.

When this evil is finally brought to an end, all those who value life, liberty, and happiness will rejoice (and rebuild).

Get prepared, for that today is coming soon. And from what I’ve concluded, the only way to avoid the financial collapse that’s coming is to hold your assets in physical goods such as gold and silver, land, agricultural equipment, ammunition, industrial buildings (factories, for example), and other “real” things that don’t vanish in a currency collapse.

Discover more details in my Situation Update podcast:

Brighteon.com/9c3188e1-0f17-45fb-b9c4-38a903eedfdd

 

Freeport Liquefied Natural Gas terminal down for the ENTIRE YEAR due to pipe explosion

Image: Freeport Liquefied Natural Gas terminal down for the ENTIRE YEAR due to pipe explosion

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-06-22-freeport-natural-gas-terminal-down-explosion-collapse.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) One of the largest operators of liquefied natural gas export terminals in the United States suffered a massive blow last week that will leave its main plant fully offline through September, and only partially operational after that through year’s end.

Freeport Liquefied Natural Gas says damage from a mysterious fire and explosion that took place at its Texas facility was so severe that it is simply not possible to get things back up and running as quickly as some may have hoped.

This is really bad news for Europe, which is already short on natural gas due to the war in Ukraine. Natural gas prices immediately jumped in Europe following the news, while slumping in the United States.

Freeport LNG’s plant singlehandedly accounts for about 20 percent of all U.S. natural gas exports, and was, up until the fire and explosion, a major supplier to European suppliers seeking alternatives to Russian gas since the February invasion.

According to the company, its Quintana, Tex.-based plant caught fire and exploded when an over-pressurized pipeline ruptured. Processing operations were not damaged, however.

The Rystad Energy consulting group says that Freeport LNG can process 2.1 billion cubic feet per day (bcfd) of natural gas into a supercooled liquid suitable for shipping. Up until the incident, it had been running near capacity.

Roughly 1.17 bcfd of Freeport LNG’s output had been going to Europe as of May, up from 0.81 bcfd in March.

“It’s very serious,” said Alex Munton, director of natural gas and LNG at Rapidan Energy, another energy consulting group.

“We now have a much larger and much more extensive outage at Freeport LNG that will remove more supply from the market than was anticipated last week.”

This unexpected disaster is actually good news for the US natural gas market

A prolonged outage, Freeport indicated, will reduce exports by 40 “cargoes” — LNG container ships — from annual export volume, up sharply from an earlier estimate of a three-week outage that would have reduced exports by just 13 cargoes. The 100-million-ton-per-year market for LNG is now expected to lose between four and five million tons.

“We expect Europe will be the region most impacted by this incident,” Rystad analysts said.

Roughly 70 percent of Freeport’s exports in the past few months have been to the European Union and Great Britain, the biggest importers this year being France, Turkey, and The Netherlands.

None of the liquefaction trains that chill the gas were damaged, nor were any of the processing areas, storage tanks, or docks. Freeport is still investigating the situation and has not yet commented on whether or not investigators are looking into potential design or structural flaws.

“There is a lot of analysis to understand the problem, put in measures of safety and operational regime to make sure it doesn’t happen again,” Rapidan’s Munton said.

While this is bad news for Europe and Great Britain, it is good news for the U.S., which has been in a natural gas storage deficit. Inventories have hovered around 300 bcf below the five-year average, according to Al Salazar, a senior vice president at Enverus Intelligence Research.

“It should be alarming to federal policymakers that the Freeport LNG terminal only exports 2 Bcfd, yet it is having such a significant impact to prices,” said Paul Cicio, chief executive of the Industrial Energy Consumers of America, a trade group that has been calling on Congress to limit expanded LNG export permits.

The outage, this group added, highlights the negative impact that exports of natural gas have had on U.S. consumers and the prices they pay domestically for natural gas.

More related news coverage about the falling dominoes of the global economy can be found at Collapse.news.

Sources for this article include:

EnergyNow.com

NaturalNews.com

Diesel engine oil additive manufacturers that have declared Force Majeure or experienced disrupted operations in 2022

BY MIKE ADAMS

SEE: https://www.naturalnews.com/2022-06-23-diesel-engine-oil-additive-manufacturers-that-have-declared-force-majeure.html;

republished below in full unedited for informational, educational & research purposes:

Image: EXCLUSIVE RESEARCH: Diesel engine oil additive manufacturers that have declared Force Majeure or experienced disrupted operations in 2022

(Natural News) In yesterday’s article and podcast, I warned that the US supply of diesel engine oil faced a near-total wipeout in the next 8 weeks due to a supply chain shortage of chemical additives used to make diesel engine oil. The so-called “base oils” are not reportedly in short supply, but the chemical additives — rust inhibitors, anti-foaming agents, dispersing agents, etc. — have suffered extreme supply chain problems, leading to production shortages for the final oil product.

There are also shortages in packaging materials used to hold, transport and dispose of chemical additives. (See the full list below.)

As of right now, this critical supply chain shortage is being exclusively reported by Natural News. To our knowledge, no one in the corporate media has covered this issue, and even across the alt media, traction for this story has so far been minimal. As promised yesterday, we have been researching the supply chain for diesel engine oil additives, and today we present the results of that investigation.

As it turns out, the supply chain for diesel engine oil additives is in worse shape than we feared. See the list here, and feel free to re-post this list with credit to NaturalNews.com. Note that some of these Force Majeure declarations impact additive packaging and transportation (such as HDPE drums) as well as base oil feed stocks (such as light crude oil). Finally, realize that what we are showing here merely scratches the surface of the supply chain disruption affecting engine oil. There are no doubt dozens more examples of force majeure declarations that haven’t been made public or aren’t easy to find online. So take this list as a small sampling of what’s really happening.

Brighteon.TV

 

LyondellBasell Industries suffers mechanical failure affecting production of key additives

Company: LyondellBasell Industries
Location: La Porte Complex, Texas

Date: April 22, 2022

News source: GCresin-paint.com
Chemicals affected: tert-butyl acetate, ethylene glycol ether acetate

On April 15, a mechanical failure occurred at LyondellBasell’s carbon monoxide supply system for its acetic acid feedstock in La Porte Complex, Texas. The third largest glacial acetic acid production base in the world. Therefore, LyondellBasell really declared force majeure on products such as tert-butyl acetate and ethylene glycol ether acetate (EBA, DBA) on April 22.

The notice shows that the allocation is based on the average monthly purchases of customers over the past 6 months (October 2021-March 2022), which will be effective from May 1, 2022. The news indicates that the above-mentioned raw materials will be supplied in limited quantities according to the previous purchases of customers.

tert-butyl acetate
–    Used as an additive to gasoline to prevent engine knocking. It is also used as a solvent for lacquers.

ethylene glycol ether acetate
–    These compounds have a positive effect on diesel fuel lubricity, and slightly decrease its viscosity

LyondellBasell Industries suffers another failure for a different chemical

Company: LyondellBasell Industries
Location: Lake Charles, Louisiana

Date: March 30, 2022
News source: Darik.news
Chemicals affected: polypropylene

LyondellBasell Industries has announced a force majeure supply limit on polypropylene resin made at its plant in Lake Charles, LA.

In a March 30 letter to customers, executives at Lyondale Basel in Houston said the firm had “experienced a mechanical failure of the gearbox” in Lake Charles. He said the equipment failure was “beyond our reasonable control” and would affect production of 32 grades of PP made on site.

Polypropylene is not directly used as an engine oil additive but is used in the packaging and handling of additives for engine oil.

Ineos Olefins & Polymers declares force majeure on HDPE drums used to transport oil, additives and other energy industry chemicals

Company: Ineos Olefins & Polymers
Location: Texas and California
Date: March 31, 2022
News source: eChemi.com
Chemicals affected: polypropylene, polyethylene and polystyrene

In a letter to customers, Ineos Olefins & Polymers said it was declaring [Force Majeure] on its Polypropylene grades following a power outage at its Carson, California, facility, which caused a manufacturing breakdown and/or failures. The company also said it was diligently working to return production capacity to normal levels as quickly and safely as possible.

Ineos Olefins & Polymers said in a letter to customers that it experienced force majeure on all of its polyolefin products related to rail restrictions and expected to be required to limit rail transport to its best average daily rate. the following. Ineos added that it was committed to exploring all commercially reasonable alternatives to deliver products to its customers, but that the company’s deliveries would be greatly affected if restrictions worsen or extend beyond a few weeks. The force majeure polyolefin products include a 318,000-ton/year high-density polyethylene (HDPE) unit at Cedar Bayou, Texas; a 439,000-ton/year polypropylene (PP) unit at Chocolate Bayou, Texas. ) unit; 794,000 t/y high-density polyethylene (HDPE) unit at plant in Deer Park, Texas; 147,000 t/y polypropylene (PP) unit at Deer Park, Texas plant; California 230,000-ton/year polystyrene (PS) plant in Carson, Calif.

Polystyrene
Polystyrene dissolved in fatty acid methyl esters has a greater heating value as fuel, so that a reduction of the fuel consumption per output and the increase in the use of diesel and boiler cogeneration can be expected.

Polyethylene
High-Density Polyethylene drums (HDPE) are used to store and transport diesel fuel, diesel engine oil, DEF fluid, as well as chemical additives used in diesel fuel and oil.

Americas Styrenics (AmSty) declares Force Majeure, suffers temporary loss of production capacity for styrene and ethylbenzene

Company: Americas Styrenics (AmSty)
Location: St. James, Louisiana
Date: April 27, 2022
News source: eChemi.com
Chemicals affected: styrene, ethylbenzene

Americas Styrenics (AmSty), a major North American polystyrene (PS) producer, said on Tuesday that it is conducting a distribution process for its polystyrene products in light of recent production issues and supply chain challenges.

Americas Styrenics (AmSty) confirmed this in a letter to customers on Tuesday, saying it expects to reduce order volumes and limit availability through June. The company said the PS allocation was due to a prolonged reduction in styrene production due to unexpected operational issues at its St. James, Louisiana styrene monomer plant on April 27. Factory issues also led AmSty to declare force majeure on deliveries of its raw materials styrene and ethylbenzene.

Total Energies declares Force Majeure for North American polypropylene production due to lack of additives

Company: Total Energies
Location: Not specified
Date: May 6, 2022
News source: eChemi.com
Chemicals affected: polypropylene

TotalEnergies said in a letter to clients last Friday that it declared force majeure on North American PP products due to a shortage of additives needed to produce certain grades. The company added that its PP production will be curtailed until further notice and could not provide a timetable for normal production to resume.

Shell declares Force Majeure due to equipment failure, announces maintenance and reduction of crude oil deliveries

Company: Shell
Location: Alberta, Canada
Date: March 9, 2022
News source: Reuters
Chemicals affected: light synthetic crude

Shell (SHEL.L) has issued a force majeure at its 300,000 barrel per day Scotford, Alberta, upgrader in western Canada after a unit at the facility tripped, a company spokesman said on Wednesday.

The plant, which processes oil sands bitumen into light synthetic crude, is also scheduled to start a 65-day maintenance turnaround this month, according to an investor presentation from Canadian Natural Resources Ltd (CNQ.TO), which owns a share of Scotford.

Two trading sources said Shell had cut March deliveries by approximately 20%. One of the sources said the force majeure had been issued last week, but the impact was muted because Scotford’s expected output for March had already been reduced by half because of the turnaround due to start next week.

ExxonMobil shutters Neftegas / Sakhalin-1 operations due to sanctions on Russia

Company: ExxonMobil
Location: Sakhalin Island, Russian Far East
Date: April 27, 2022
News source: RT.com
Chemicals affected: crude oil, used as a base oil for creating diesel engine oil products

Exxon Mobil said on Wednesday its Russian unit Exxon Neftegas has declared force majeure for its Sakhalin-1 operations due to sanctions on Russia that have made it increasingly difficult to ship crude to customers.

The Sakhalin 1 project produces Sokol crude oil off the coast of Sakhalin Island in Russia’s Far East, exporting about 273,000 barrels per day, mainly to South Korea, as well as other destinations including Japan, Australia, Thailand, and the US.

Exxon said on March 1 it would exit about $4 billion in assets and discontinue all its Russia operations, including Sakhalin 1, following Moscow’s invasion of Ukraine on Feb. 24.

More details about the coming diesel engine oil supply chain crunch across North America

As we reported yesterday in a story entitled, “RED ALERT: Entire U.S. supply of diesel engine oil may be wiped out in 8 weeks… no more oil until 2023 due to “Force Majeure” additive chemical shortages,” the supply chain for additives used in the production and transportation of diesel engine oil is suffering numerous critical shortages:

Chemical manufacturers of diesel engine oil additives have declared force majeure and have ceased supply operations to the diesel engine oil manufacturers. Those manufacturers combine base oils with “additive packages” to create diesel engine oil. You can see a full list of these additives at InfoMak.com:

Antioxidants, anti-corrosion agents, dispersing additives, antirust mechanisms, friction modifiers, EP additives, antifoaming agents, antioxidants, etc.

Without these additives, diesel engine oil manufacturers cannot produce the final oil products that lubricate diesel engines. Because key manufacturers of these additives have ceased operations, diesel engine oil can apparently no longer be produced in the USA, at least not until these necessary chemicals are restored to full supply. This is explained by an industry expert in the following 2-minute video:

“[Oil is] going to become the hottest commodity you’ve ever seen over the next couple of months. Anywhere from the next 4 weeks to 8 weeks, it’s going to go from scarcity to non-existent,” says the man in the video above.

My podcast from yesterday went into more detail about the ramifications of a collapse of diesel engine oil supply in North America:

Brighteon.com/aeef8f40-6235-4290-8018-4c4ce428e3f2

I have since been able to confirm diesel engine oil rationing at a regional supplier in Texas (name withheld) that is telling customers they must limit deliveries due to lack of inventory.

In addition, Natural News contacted a large manufacturer and retailer of diesel engine oil additives, and they confirmed the existence of the supply chain / force majeure problems in a phone text exchange with a Natural News editor. (We are withholding their name because they did not seem interested in attracting attention.)

Why the silence?

The most fascinating thing about this story is that very few people are willing to talk about it. It’s almost as if oil companies are feeling threatened by the illegitimate Biden regime and they are afraid to tell the truth about the coming collapse of diesel engine oil, fearing further punishment from Biden and the Democrats who simultaneously blame oil companies for higher gas prices while demanding oil companies product more fuel at a lower price.

The dangerous insanity of the Biden regime — and its irrational, absurd war on America’s energy infrastructure — likely explains why industry people feel intimidated into silence. But that only makes the problem worse because almost nobody knows what’s coming. Unless this diesel engine oil crisis is resolved soon, nearly all forms of transportation — trucks, trains, ships — will be sidelined before the end of this year, causing unthinkable levels of chaos as grocery stores don’t get stocked, coal doesn’t get delivered to power plants and even UPS and Fedex are forced to sharply reduce deliveries due to lack of engine oil.

A world without diesel engine oil is a collapsed, Mad Max world. It won’t be pretty. Yet pretending this problem doesn’t exist is not going to solve it.

In researching all this, we continue to wonder: Is anybody even trying to solve the diesel engine oil supply chain collapse? Or have we already crossed so deeply into the apathy stage of collapse that nobody cares?

It looks like we’ll soon find out. By our estimates, diesel engine oil should be hitting critical low levels of supply by early September, and that means trucks and trains will be sidelined from September through December, or until somebody finds a way to create the molecules needed for diesel engine oil.

And for those thinking we can just “go green,” you’re forgetting that electric vehicles are charged by coal, and the coal is delivered to power plants by train, and the trains run on diesel engines.

No diesel engines = No electric vehicles.

Somebody tell the greenies how this works, because they still haven’t figured out the basics. Without diesel engines, modern civilization collapses into a 19th century existence, with all the mass starvation, depopulation, lawlessness, chaos and revolutions that you might imagine would go along with such a scenario.

Demolition of supply chains is pre-civil war SABOTAGE to shape the battlefield for domestic WARFARE against We the People

BY MIKE ADAMS

SEE: https://www.naturalnews.com/2022-06-23-demolition-of-supply-chains-is-pre-civil-war-sabotage-to-shape-the-battlefield-for-domestic-warfare-against-we-the-people.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) The United States of America is about to be plunged into a civil war. It will be ignited by the imminent Roe vs. Wade nullification decision by the US Supreme Court, which also just rendered a landmark decision affirming the universal right to carry a personal firearm for self-defense (striking down the New York law that radically restricted the right to bear arms).

That pro-2A decision is already seeing heads explode across the anti-American, anti-liberty Left, with rabid left-wing commentator Keith Olbermann even calling for an open insurrection to demolish the US Supreme Court and seize total control over the country via the executive branch.

Once the Roe decision is rendered, the radical Left will erupt into full-blown domestic terrorism, launching unrestricted warfare against Christians, gun owners, and conservatives. What’s coming will make the 2020 BLM and Antifa riots look like child’s play.

The Biden regime knows this is coming, of course, since Barack Obama is the key mastermind behind the whole thing. Obama runs the Biden White House and tells Biden’s handlers what to do. They shaped the 2020 riots using paid mercenaries, media propaganda, and “color revolution” tactics routinely used by the CIA to overthrow governments of other nations. Now they plan to use the same tactics to overthrow the US Constitution and attempt to seize permanent dictatorial control over the United States of America.

Sabotage of food and energy infrastructure is pre-war “shaping the battlefield” activity

The sabotage of food facilities across the United States is deliberate. We have published the full, current list of food facility sabotage here.

Similarly, the sabotage attacks, regulatory takedowns and cyber warfare assaults on energy infrastructure are also being carried out by the regime in order to deprive the people of fuel and transportation. As we have recently published, the entire supply of diesel engine oil in the United States is on track to be depleted in just 8 weeks (roughly the end of August).

Diesel fuel and Diesel Exhaust Fluid (DEF) are also experiencing supply chain failures in America right now.

Natural News also exclusively researched and published a list of the diesel fuel and diesel engine oil additive manufacturers who have declared force majeure just this year, causing extreme supply chain disruptions.

In addition, there are known explosions at LNG facilities (such as Freeport in Texas) and a history of pipe explosions targeting refineries, such as the Philadelphia Energy Solutions explosion in 2019 that bankrupted the entire company and shuttered its fuel refinery.

What’s clear is that America’s food and energy infrastructure is being disrupted by sabotage/blockade operations that are acts of war against the American people. This is almost identical to the way Lithuania is now running a railway blockade of Russia’s access to Kaliningrad.

What’s also clear is that the Obama / Biden regime is using sabotage operations to shape the domestic battlefield in preparation for the coming civil war. And by “civil war,” I don’t mean an 1865-style war of North vs. South. This is going to be a war of the corrupt, illegitimate government regime against the American people who are trying to vote these criminals out of power. Roughly 75% of Americans now despise the Biden regime and want Biden removed. The upcoming midterm elections — if they are even allowed to take place — will solidly demonstrate America’s desire to rid itself of the disastrous Biden regime and the catastrophic economic policies of Democrats (which have led to record-high inflation and supply chain shortages).

That’s why we believe the Obiden regime doesn’t want to allow America to make it to the midterm elections. They want total chaos and martial law before that day arrives. They want their left-wing brownshirt terrorists in the streets, burning down cities, assaulting police, and executing whites on sight, so the regime can declare a state of

emergency and deploy troops on the streets of America, likely combined with some effort to try to nullify the Second Amendment and confiscate guns from everyone.

That effort is going to fail.

The Obiden regime has acted too late. The American people will no longer comply with tyranny and sabotage. We the People will not turn in our guns, and we will not obey orders to shut down our local economies and stay locked in our homes.

But the arrogant, incompetent Obiden regime doesn’t know that yet. They think they are still in charge. They think the American people will go along with whatever new insane scheme they can dream up to enslave everybody and demolish the Bill of Rights. They are wrong. But they will try to conquer the country from within, setting off a civil war scenario that will likely see real bloodshed across the USA.

Unless Biden is removed from power and the rightful winner of the 2020 election is restored (Donald J. Trump), Democrat-run cities will soon collapse into total chaos. Mass starvation will become commonplace. The rule of law will be non-existent in these areas. We will see Democrat refugees fleeing collapsing blue cities and trying to flee to red states, but there will be border enforcement by the states (like Texas and Florida) prohibiting domestic “illegals” from invading the red states as they flee the blue states.

Ultimately, the Demonrats are going to be defeated and humanity will prevail. The Dems just don’t know it yet, and they overestimate their ally Satan, while the real power to decide our fate rests in the hands of God (who has just about had enough of Satan trying to dominate humanity on Earth).

Get all the details and more in today’s Situation Update podcast via Brighteon.com:

Brighteon.com/20d317b5-9dff-45c7-b9e4-57ef48dc112c

Gas Just Ran Out~2A Red Flagged~GUN CONTROL!~Ukraine Losing Badly

In this episode of The Silent War: Zelensky Says Russian Attacks To Intensify During EU Summit As Moscow Claims Kalibr Strike Killed '50 Officers & Generals.'

Bidenomics: East Coast Truckers Are Stalled Out on the Highway Waiting for Gas – The Gas Stations Are Out of Diesel.

After Having His Own Flight Cancelled, Transportation Secretary Pete Buttigieg Finally Decides to do Something About Cancelled Flights.

Protesters chant ‘stop NATO’ at massive rally in heart of EU.

Senate Releases Text Of Gun Bill That Would Mark 'Biggest Change In Decades.'

 

New Metro DC Police Report Confirms Plainclothes “Electronic Surveillance Unit” Operatives Were Embedded in the Crowd on Jan. 6 to Record Protesters – Used Rainbow Color Wristbands to Identify Each Other.

Elon Musk’s teen offspring reveals name & gender change .

Biden Issues Fascist-style Threats to Oil Companies

Biden Issues Fascist-style Threats to Oil Companies

BY STEVE BYAS

SEE: https://thenewamerican.com/biden-issues-fascist-style-threats-to-oil-companies/;

republished below in full unedited for informational, educational & research purposes:

Wednesday’s interview between Energy Secretary Jennifer Granholm and CNN anchor John Berman — in which they discussed the letter that President Biden recently sent to several major oil companies — powerfully illustrates the fascist economic views Biden harbors.

“At a time of war, refinery profit margins well above normal being passed directly onto American families are not acceptable,” Biden said in his letter to the executives of British Petroleum, Chevron, Marathon Petroleum, Phillips 66, Shell, Valero Energy, and Exxon Mobil. “There is no question,” Biden asserted in the letter, “that Vladimir Putin is principally responsible for the intense financial pain the American people and their families are bearing. But amid a war that has raised gasoline prices more than $1.70 per gallon, historically high refinery profit margins are worsening that pain.”

Ominously, Biden threatened to use “emergency authorities” if the companies do not follow his dictates. “Your companies and others have an opportunity to take immediate actions to increase the supply of gasoline, diesel, and other refined products you are producing,” Biden wrote. “My administration is prepared to use all reasonable and appropriate Federal Government tools and emergency authorities to increase refinery capacity and output in the near term, and to ensure that every region of this country is appropriately supplied.”

This is economic fascism.

It’s true that “fascist” is thrown around far too loosely in today’s political discourse, but, economically speaking, fascism is a form of socialism. (Adolf Hitler’s party was known as the National Socialist Party, and the systems in Italy under Benito Mussolini’s Fascist government and in Germany under Hitler were very similar.)

Under socialism, the government owns the means of production, whereas, under a fascist economic system, the government generally leaves ownership of businesses in private hands, but dictates prices and wages, hours, production levels, and even what is produced. In other words, as a business owner, you might retain title to your business, but the government tells you how to run your business. What Biden is threatening is certainly not free enterprise.

Biden is not the only American president who has threatened American business owners who did not comply with governmental dictates. For example, President John F. Kennedy bullied United States Steel to lower its prices in the early 1960s. During the administration of President Jimmy Carter, Congress passed the “Windfall Profits Tax” to punish oil companies for making what were considered too high profits.

Just recently, Biden issued an executive order under the Defense Production Act for American companies to use more production resources to increase the supply of baby formula. Of course, the policies of the federal government created the low supply of baby formula in the first place. Be that as it may, Biden used a law that was passed during the administration of President Harry Truman to allow the president to order private businesses to shift resources during a time of war. Such a takeover of private business is bad enough during wartime, but in Biden’s case, there was no war. The only action that government really needs to take to increase the production of a good that is in high demand is to get out of the way. Businesses are in business to make money. No one has to tell them to increase production when there are people who want to buy their product.

When Ronald Reagan became president in 1981, gasoline prices were quite high. He almost immediately used a law Congress had passed previously to end federal government control of oil prices. Oil companies raised prices at first and quickly increased production, which, as anyone with an elementary knowledge of economics understands, soon brought prices at the gas pump down for American consumers. Reagan did not threaten oil companies; he simply got out of their way.

In this present case, Biden is not only taking the opposite approach, he is being hypocritical.

As CNN anchor Berman told Granholm on his program New Day, the Biden administration has “made it clear from day one they want to transition America from reliance upon oil and gas, and they have even celebrated the current gas price crisis for accelerating that transition. But how can you simultaneously demonize oil companies and demand more oil production?”

In fact, John Kerry, Biden’s special envoy for climate, said just last week that “energy security worry is driving” the thinking that there is a need for additional drilling and for going “back to coal.” However, Kerry made it clear that he does not want additional drilling.

“No we don’t. We absolutely don’t,” Kerry insisted, adding, “we have to prevent a false narrative from entering into this.”

Bluntly put, it was the policies enacted by Biden and Kerry, coupled with sanctions on Russian oils and gas, that have caused the spike in oil and gasoline prices, not anything the big oil companies or Vladimir Putin have done. Some speculate that these policies were enacted because the Biden administration wants oil prices to go up so high that Americans will be willing to shift from gasoline and diesel to electric vehicles — all in the name of fighting “climate change.”

Berman asked Granholm, “Five years from now, 10 years from now, are you telling me you want them drilling for more oil? You want the refineries putting out more gasoline in five or 10 years?” Berman added, “Why would oil companies invest in producing more oil if such an investment will be turned to waste in just a few years?”

This is not a question of whether automobiles should be run by gasoline or electricity. The free market will make that decision. If electric cars become practical and affordable for the masses, then consumers will willingly switch over to them, away from petroleum-based energy.

But the Biden administration has decided that the federal government should simply dictate that transition, regardless of market considerations. That is economic fascism. And in this case, blaming oil companies, and threatening them, for a policy that they did not create, is the height of hypocrisy.

America plunging into third world status as police run out of fuel and say they won’t respond to 911 calls because of gas prices

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-06-10-america-third-world-police-unable-respond-911-gas-prices.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) Thanks to the Biden regime’s destructive economic policies that have resulted in record inflation, the Isabella County Sheriff’s Department in Michigan has announced that it no longer has the resources available to respond to 911 calls because of fuel costs.

The current gas price average in America is hovering around $5 and rising, and is slightly higher on average in Michigan. Because of this, the Isabella County Sheriff’s Department has already “blown through [their] fuel budget” and will have to respond to some 911 calls over the phone rather than show up in person.

In a few months when a new fuel budget is passed, perhaps Isabella County will receive the resources it needs to deal with emergencies in a proper manner. But until then, area residents will have to fend for themselves – or perhaps wake up and demand that the occupying regime stop destroying the country.

The below video explains more about the current situation in Michigan and the impact it is having on local residents:

America is fast becoming the land of rampant lawlessness

This is only just the start of what the Biden regime has in store for this country, by the way. It starts with one county, followed by another county until eventually, the entire country is no longer functional.

When the situation becomes untenable, then and only then will the tyrants that caused it all in the first place suddenly intervene as the saviors with their planned solution to the problem: a new world order.

Some third-world countries such as Sri Lanka are already seeing hell unfold due to the current economic crisis. Eventually, the United States is going to catch up with them.

We are already seeing a taste of this in Michigan, and things are not even that bad. Just wait until the average American can no longer afford to drive, or the delivery trucks stop arriving at grocery stores because they cannot afford to fill up with diesel.

To solely blame Biden and his regime would be a mistake, though, as the country’s entire economic system was corrupted long ago, allowing it to blow up like a balloon. This is where the term “everything bubble” came from, as it describes inflationary economic policies that at some point have to burst.

Right now, the U.S. is entering what appears to be the hyperinflationary stage, which will be followed by a collapse of the fiat currency system and the disintegration of the economy as we currently know it.

“What a great time to be a criminal in America,” wrote someone at The Gateway Pundit about how lawlessness is taking over the country at breakneck speed.

“Police in Seattle don’t investigate sexual assaults, this county in the story may not respond to your 911 call, San Francisco (and most other large cities) are a good source of goods you can get for free and sell on eBay. No wonder no one is working … you don’t have to clock in and out for those smash and grabs … you can do them on your own schedule.”

Another wrote that in Washington, it is now illegal for police officers to pursue anyone whom they believe to be a criminal unless they have probable cause to believe that a crime was committed.

“This standard is much more stringent than the reasonable suspicion standard and pretty much means that if a cop doesn’t actually witness a crime, he can’t pursue a suspect,” this person added.

As the Biden regime continues to destroy America from the inside out, you can keep up with the latest at Collapse.news.

Sources include:

TheGatewayPundit.com

NaturalNews.com

 

“I’m Not Even Sure We Can Make It To November” Says Wayne Allyn Root

MUST SEE: National Talk Show Host Sir Wayne Allyn Root Joins Ben Armstrong in a discussion about the future of America.

Biden says Americans have to get ready for more blackouts as energy infrastructure nears breaking point

BY MARY VILLAREAL

SEE: https://www.naturalnews.com/2022-06-04-biden-get-ready-for-more-blackouts.html;

republished below in full unedited for informational, educational & research purposes:

Biden says Americans have to get ready for more blackouts as energy infrastructure nears breaking point

(Natural News) For a couple of years, rolling blackouts have been regular occurrences in the state of California, the Midwest, and the Deep South. Now, the Joe Biden administration is saying that people have to get ready for even more blackouts this summer as the energy infrastructure nears breaking point.

In the June 3 episode of “Zoon Politicon,” commentator Holly Seeliger talked about the problems brought about by the Biden administration’s push for green energy.

With the grid system not nearly producing enough electricity, a vast swath of land from the Great Lakes to the West Coast is at risk of blackouts as drought takes its toll amid power plant and supply chain woes.

John Bear, CEO of Midcontinent Independent System Operator, which serves the Midwest corridor from Minnesota to the Texas Panhandle, said that energy shortages move the area in the direction of rotating blackouts. The North American Electric Reliability Corporation also lists the Midwest as the one being at the highest risk for energy cuts.

The Federal Electricity Regulatory Commission, an independent body that oversees the U.S. electric grid, estimates that power prices in the region may soar up to 233 percent at the peak of summer, which is boosted by high demands as temperatures rise and gas prices continue to soar.

The National Oceanic and Atmospheric Administration also estimates that the average summer temperatures across the U.S. will be between 50 and 80 percent higher than normal.

The Biden administration’s effort to transition six energy grids to a decarbonized system is also part of the problem. According to Bear, part of the effort is phasing out fossil fuel units before new batteries are available. The White House also previously announced Biden’s long-term strategy to decarbonize the U.S. economy by 2050, but under these efforts, each of North America’s six electricity grids will see power capacity decline.

Reliability crisis could create dangerous outages in Texas, California

Significant outages have already been faced by the Texas grid over the winter storm in February 2021, which killed 246 people. The grid is set to lose 2.9 gigawatts of gas, coal, and nuclear capacity this year, as well. Meanwhile, the grid run by Bear will lose 3.2 gigawatts of power due to retiring coal plants, which will not be replaced. (Related: Rolling blackouts to affect over a billion people as energy crisis worsens.)

Republican commissioners on the FERC and some industry groups argued for a slower transition to avoid energy shortfalls. One of its members, Mark Christie, said they were headed for a reliability crisis, as they are not yet ready for such a move.

Democrats on the commission, on the other hand, are pushing that power transmission issues are the reasons for periodic blackouts, not the energy transition.

California grid operators, in contrast, have also warned that the state faces a risk of blackouts during the next three summers due to power supply shortages. This prediction is based on an analysis of existing power supplies, with new sources expected to come online and the potential of extreme events, including potential gaps between electricity supply and peak demand.

The state is also trying to shift to cleaner energy, although it isn’t the best long-term solution to power issues. Droughts make hydropower less available, while wildfires reduce electricity transmission, according to the California Energy Commission and the California Public Utilities Commission. (Related: NERC: Power grid problems, intense heat could lead to widespread blackouts in North America this summer.)

California’s electricity blackouts are likely to return this summer due to supply shortages. The most precarious window for electricity supply shortages is in the early evenings after solar power stops working, and September is expected to be the most problematic month.

Follow PowerGrid.news for more updates about energy sources this summer.

Watch the video below for more information on what to expect about power and energy distribution in the U.S. this summer.

This video is from the Zoon Politikon channel on Brighteon.com.

More related stories:

Inflation, food shortages, and the ongoing energy crisis are all coinciding with escalating war.

Millions of Americans will suffer amid mass power outages this winter, thanks to a burgeoning energy crisis, insider warns.

Germany’s largest ammonia producer slashes output amid escalating energy crisis; food crop shortages anticipated throughout 2022.

European energy price spikes lead to a “national crisis” in the UK as colder-than-normal temperatures continue to grip the continent.

Germany’s largest ammonia producer slashes output amid escalating energy crisis; food crop shortages anticipated throughout 2022.

Sources include:

Brighteon.com

News.Yahoo.com

ScientificAmerican.com

USA DOMESTIC food production now collapsing due to fertilizer costs, scarcity, diesel price inflation and food protectionism

BY MIKE ADAMS

SEE: https://www.naturalnews.com/2022-06-03-usa-domestic-food-production-now-collapsing.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) When the USA and NATO countries engaged in economic warfare against Russia by de-platforming Russian banks from the SWIFT system in March, it set off a chain reaction of world events that will lead to global famine and food scarcity panic. Fertilizers and the natural gas used to manufacture fertilizer are now in short supply around the world. Many prominent food producers such as India have turned to export bans (food protectionism) to secure their own domestic supplies, worsening global food scarcity. Rising fuel costs have only added to the problems, resulting in far higher costs of farm inputs across the world.

But now America’s domestic food production is collapsing as well — and seemingly for the same reasons. Sky-high fertilizer costs, fertilizer scarcity, insanely elevated diesel fuel prices, and supply chain problems affecting agriculture equipment are all contributing to an alarming trend across America: More and more farmers are simply not planting crops.

There’s no economic reason to do so. Rising fertilizer prices make the crops a money loser from day one. Even if a farmer invests in the fertilizer, his ability to harvest and transport the resulting crops out of his own fields is increasingly questionable. Worsening the situation, drought conditions are so bad that rice farmers in California, for example, are being told by the water control authorities there that they will only be allowed 0.4-acre feet of water per acre. You can’t grow rice in less than five inches of water for the entire season.

So they’re not planting most of the rice. Only 70,000 acres are getting planted out of 450,000 acres that could be used. Worsening the shortage, California has decided to divert water into the Pacific Ocean for environmental reasons, rather than let rice farmers use the water to grow food. From that story:

“In April 2022, the water districts serving Colusa County were given their final allocation for the 2022 growing season – 0.4-acre-feet per acre,” Colusa County officials said in a statement. “This allocation is not enough to support rice production, and estimates show that the Sacramento Valley will fallow 370,000 of 450,000 acres

in the Sacramento River Settlement Contractors service area, primarily in Colusa and Glenn Counties. Currently, less than 7,000 acres are estimated to be planted in Colusa County, resulting in a direct financial loss to growers in excess of $270 million.”

As described by an editor at USSANews.com, this policy is truly insane:

As a former rice farmer in northern California, I can testify to the stupidity and insanity of environmentalists who favor obscure fish over humans. Water to farmers is now below growing levels and will cause devastation to the 2022 rice industry, taking down farmers as well as all related industries. The fact that the world is facing a major food shortage means nothing to these environmental zealots.

When Californians have no rice on their food shelves later this year, will they realize their own malicious left-wing politicians deliberately created the food scarcity emergency?

India to halt rice exports while other nations halt exports of wheat

India is also reportedly moving to halt its own rice imports, reports Bloomberg.com, unleashing a “devastating” food scarcity scenario with worldwide implications. According to Bloomberg, India accounts for 40% of the global rice trade. From that story:

Rice may be India’s next food protectionism target after it restricted wheat and sugar exports, analysts say, a move that could have a devastating impact on global food security as it’s an important staple.

India’s curbs on wheat and sugar exports sent shock waves through global markets as it marked an escalation in food protectionism that’s seen countries choke off flows of locally-grown supplies to the world. A similar move on rice by the No. 1 exporter at a time when crops like wheat and corn are soaring would threaten to plunge millions more into hunger and boost inflation risks.

According to the India Times, Hungary has banned wheat exports, and nations like Argentina, Bulgaria, and Turkey are working toward outright bans of crop exports in order to meet their domestic needs.

All across the world, crop yields are collapsing and food supplies are dwindling. International trade is being strangled and domestic supplies are becoming more scarce and far more expensive.

It’s all deliberate, driven by destructive USA / NATO policies that strive for famine and collapse

Nearly all the problems with food scarcity and food inflation are driven entirely by malicious policy decisions stemming from the arrogant USA and oblivious NATO nation “leaders” who have lost all ability to recognize economic principles (or who actually want mass starvation and depopulation).

Together, the USA and NATO nations de-platformed Russia from trading in crops, fertilizer, and natural gas, setting off this chain reaction of scarcity and unprecedented price increases for farm inputs, setting into motion a global starvation scenario that will worsen for years to come. Even if Russia were suddenly re-platformed back into the SWIFT system tomorrow, the damage to the food supply for 2022 – 2023 has already been done.

Mass starvation will burn through the world’s developing nations for the next two years, and even in first-world nations, working-class citizens will find themselves spending higher and higher portions of their incomes on basic food supplies.

This will, of course, lead to food riots. It’s all by design. The idea is to cause mass chaos and martial law in America before the mid-term elections. In order to achieve that, the corrupt, illegitimate Biden regime had to whip up war with Russia, unleash economic protectionism across the globe, shut down fertilizer shipments in the USA, drastically raise fuel prices by shutting down pipelines, and engineer a food scarcity emergency by making sure the USDA keeps paying farmers to destroy crops and destroy tractors (in exchange for USDA payouts, of course).

Food industry transport workers are sitting on their hands in Florida

Yesterday a source informed me that food industry transport workers in Florida who would normally be working 16-hour days right now — transporting tomatoes, peppers, melons, fruit, and other crops out of Florida — are sitting on their hands with zero work. There are virtually no crops to transport in this particular area of Florida where 10,000+ acre farms are common. The fields weren’t planted, and there are no crops to harvest.

These crops normally supply restaurants and grocery stores across the entire Eastern half of the United States. Now, they have nothing, and the farmers have no reason to even plant anything until fertilizer and diesel prices come down.

Official crop yield statistics haven’t yet caught up to this reality, but once Florida reports its crop yields for June, the numbers are going to be catastrophic.

The oblivious masses of America will see grocery shelves going increasingly bare beginning in August, then accelerating through the end of the year. Long before the mid-terms, many American families will be in a panic over food and fuel prices. Yet the worst is still to come because 2023 will be disastrous as food and fuel become increasingly scarce and expensive.

We will see food riots in America before the end of this year, and we will almost certainly see serious food rationing in 2023, possibly followed by “food passport” rationing cards or other schemes designed to limit how much food the public is allowed to buy.

“Joe Biden’s national weight loss plan” is about to become a reality as Americans face real famine and civil unrest. This is what happens when you allow Democrats to steal elections and place incompetent criminals in power. When the traitor Mike Pence refused to do his job on January 6 — and the FBI ran another false flag insurrection op — this is what you get: A nation being dismantled as an act of economic warfare carried out against the people of America by radical left-wing Marxists like Obama and corrupt criminal families like the Bidens and the Clintons.

Get the full details on all this and much more — including Russia’s upcoming retaliation against America’s cyber attacks — in today’s Situation Update podcast:

Brighteon.com/bc8df6a9-7a39-4666-953a-cec4d19a21ac

GET READY: JPMorgan CEO Jamie Dimon says “economic hurricane” is about to make landfall across America

Image: GET READY: JPMorgan CEO Jamie Dimon says “economic hurricane” is about to make landfall across America

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-06-02-jpmorgan-dimon-economic-hurricane-landfall-america.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) The head of one of America’s largest and most influential financial institutions is warning that things are about to get really ugly, economically speaking.

Jamie Dimon, the CEO of JPMorgan, just told a room full of analysts and investors that an “economic hurricane” is barreling straight towards the United States, and that his company is “bracing” for impact.

So-called “quantitative easing,” or QT, which is scheduled to begin this month, will ramp up to $95 billion a month in reduced bond holdings. There is also the ongoing war in Ukraine, which continues to drive up commodity prices.

Oil, Dimon warns, could hit $150 or even $175 a barrel. And food, as many of us well know, is becoming increasingly more expensive with each passing day.

“You’d better brace yourself,” Dimon warned his audience. “JPMorgan is bracing ourselves and we’re going to be very conservative with our balance sheet.”

“You know, I said there are storm clouds but I’m going to change it … it’s a hurricane,” he added, noting that while conditions might seem “fine” to some, there is no knowing for sure whether the coming hurricane is “a minor one or Superstorm Sandy.”

Central banks can no longer contain the runaway train

The end of the Federal Reserve’s cheap money era, as CNBC calls it, is rapidly coming to an end. This, among other factors, is said to be driving down stock prices in the tech sector.

Inflation is also hitting multi-decade highs, and this is on top of supply chain failures that really picked up during the Wuhan coronavirus (Covid-19) plandemic.

It is believed by many that the economy is now entering a recession – or perhaps a depression – of epic proportions. The writing is clearly on the wall flashing collapse in huge letters, in other words, and Dimon is speaking up about it.

“Right now, it’s kind of sunny, things are doing fine, everyone thinks the Fed can handle this,” Dimon explained. “That hurricane is right out there, down the road, coming our way.”

“We’ve never had QT like this, so you’re looking at something you could be writing history books on for 50 years,” he added, noting that several aspects of the Fed’s quantitative easing programs have clearly “backfired,” one of them being negative interest rates, which he called a “huge mistake.”

At the same time, Dimon says that central banks “don’t have a choice because there’s too much liquidity in the system.”

“They have to remove some of the liquidity to stop the speculation, reduce home prices and stuff like that.” (Related: Remember early last year when the Federal Reserve’s entire payment system crashed due to an “operational error?”)

The war in Ukraine is only exacerbating a problem that has been stewing for years, but it could be the straw that finally breaks the camel’s back – and more than likely this is all by design as part of the controlled demolition of the old world order, which is necessary in order to usher in a new world order.

“Wars go bad,” Dimon said. “[They] go south in unintended consequences. We’re not taking the proper actions to protect Europe from what’s going to happen to oil in the short run.”

Last week during an investor conference, Dimon said the “storm clouds” could be dissipating. A week later, his whole tune changed to indicate that he was wrong: the storm clouds appear to be bigger, darker, and more ominous than most people are prepared to encounter once they finally arrive.

One thing JPMorgan is doing to try to batten down the hatches is to move its clients from a lower-quality deposits called “non-operating deposits” to money markets, as one example. Will it be enough, is the question?

As the economic hurricane arrives, we will keep you informed about the latest at

Collapse.news.

Sources for this article include:

CNBC.com

NaturalNews.com

Iran seizes two Greek OIL tankers in Persian Gulf

BY CHRISTINE DOUGLASS-WILLIAMS

SEE: https://robertspencer.org/2022/05/iran-seizes-two-greek-tankers-in-persian-gulf;

republished below in full unedited for informational, educational & research purposes:

The grave threat of Iran is compounded by its Doomsday theology, which asserts that at the end of days, the Hidden Imam will appear in the midst of a violent apocalyptic scenario — likely provoked by Iran itself — and played out on a battleground stained with the blood of infidels.

Iran is becoming increasingly emboldened, thanks to the Biden administration’s obvious weakness. Iran’s paramilitary Islamic Revolutionary Guards Corps seized two Greek oil tankers in the Persian Gulf “in helicopter-launched raids in the Persian Gulf….The action appeared to be retaliation for Athens’ assistance in the U.S. seizure of crude oil from an Iranian-flagged tanker this week in the Mediterranean Sea over violating Washington’s crushing sanctions on the Islamic Republic.”

Iran will continue to escalate as a global menace, while America under Biden will increasingly become a global laughing stock.

Meanwhile, a website in Iran has asserted that Iran really sees no need for a nuclear agreement at all. That would be a great gift to the embattled West, as the last nuke deal was long shown up to be based on lies, by Iran’s own admission, and in this round, Biden gave over negotiation of the new deal to Russia, which cashed in on a $10 billion contract. According to an Iranian journalist:

Islamic Republic hardliners have concluded that by exporting close to one million barrels of oil per day at prices above $100 a barrel, Iran can generate enough income equal to a full export volume, without a need to agree to the revival of the Joint Comprehensive Plan of Actions, JCPOA.

Greece’s Foreign Ministry called Iran’s actions in the Persian Gulf “piracy,” and they represent much worse to come, unless Iran is stopped. Recently the Biden administration began in desperation to seek closer ties with Greece to contain Turkey. In early March, as the world focused intensely on Ukraine, Turkey violated Greek airspace with F-16 aircraft. Turkey has been challenging Greece’s sovereignty for some time, bullying Greece with provocative statements and threats of war.

With a weak America, it’s time for Islamic supremacists to act with impunity.

“Iran seizes 2 Greek tankers in Persian Gulf as tensions rise,” by Jon Gambrell & Nicholas Paphitis, Associated Press, May 27, 2022:

DUBAI, United Arab Emirates (AP) — Iran’s paramilitary Revolutionary Guard seized two Greek oil tankers Friday in helicopter-launched raids in the Persian Gulf, officials said. The action appeared to be retaliation for Athens’ assistance in the U.S. seizure of crude oil from an Iranian-flagged tanker this week in the Mediterranean Sea over violating Washington’s crushing sanctions on the Islamic Republic….

The Guard issued a statement announcing the seizures, accusing the tankers of unspecified violations. Nour News, a website close to Iran’s Supreme National Security Council, warned a short time earlier that Tehran planned to take “punitive action” over Greece assisting the U.S. in seizing oil days earlier from the Iranian-flagged tanker Lana….

An Iranian helicopter landed on the Greek-flagged Delta Poseidon in international waters, some 22 nautical miles off the coast of Iran, the ministry said.

“Armed men then took the crew captive,” it said, adding that two Greek nationals were among the crew.

“A similar incident has been reported on another Greek-flagged vessel, that was carrying seven Greek citizens, close to the coast of Iran,” the ministry said….

Biden’s handlers renew Chevron’s oil license to operate in Venezuela

The impact of sanctions relief for Venezuela and Biden, according to ...

Biden to ease Venezuela sanctions one day after Cuba rules lift ...

BY ROBERT SPENCER

SEE: https://robertspencer.org/2022/05/bidens-handlers-renew-chevrons-oil-license-to-operate-in-venezuela;

republished below in full unedited for informational, educational & research purposes:

America Last. Biden did far more than shut down the Keystone Pipeline. He also placed a moratorium on oil leases on federal property (which was blocked in court but is apparently still followed in the Interior Department, as the number of drilling permits it has issued dropped sharply), suspended some existing drilling leases, restricted fracking, placed onerous financial regulations on the oil industry, and more.

But Chevron operating in Venezuela is just fine.

“Biden’s Treasury Department renews Chevron’s oil license to operate in Venezuela,” by Lawrence Richard, FOXBusiness, May 27, 2022:

The U.S. Treasury Department renewed a license Friday for Chevron to operate its oil production in Venezuela, a country sanctioned by the U.S., potentially setting up a broader license agreement later in the year.

The U.S. has previously served as Venezuela’s largest oil market but oil activity between the countries has been limited amid ongoing political turmoil between Venezuelan President Nicolas Maduro and his opposition, Juan Guaido, who the U.S. recognizes as Venezuela’s rightful leader, Reuters reported.

Under the current license, Chevron is allowed to continue to maintain its staff and operation infrastructure as well as payments on third-party invoices, local taxes and utility services.

The license allows Chevron to conduct “transactions and activities necessary for safety or the preservation of assets in Venezuela,” according to the report. The oil company is also able to participate in shareholder and board meetings….

Chevron’s new license extends its current agreement through the end of November. 

Half of America to go dark this summer due to Biden’s “Build Blackouts Better”

Image: Half of America to go dark this summer due to Biden’s “Build Blackouts Better”

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-05-22-half-america-dark-summer-biden-build-blackouts-better.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) A perfect storm of megadroughts, heatwaves and reduced power generation thanks to “green” energy initiatives is shaping up to leave half of America completely in the dark this summer.

Rolling blackouts from the Great Lakes to the West Coast are expected to be a common occurrence this year, according to Bloomberg, citing a new report from the North American Electric Reliability Corporation (NERC), a regulatory body that manages the stability of the electrical grid.

NERC is warning that the West Coast especially will be extremely strained during the warmest months of the year. Historic drought conditions reduce hydroelectric power generation due to decreasing reservoir levels. This is already occurring at the Hoover Dam, which is just days away from dropping below 1,050 feet (if it has not already).

Once the largest hydroelectric dam in the world, the Hoover Dam is now at its lowest level on record. And this is just one of many such dams throughout the West that is in dire shape leading up to what is expected to be an extremely hot summer.

“Compound the hellacious weather backdrop with grids decommissioning fossil fuel power plants to fight climate change and their inability to bring on new green power generation, such as solar, wind, and batteries, in time, is a perfect storm waiting to happen that will produce electricity deficits that may force power companies into rolling blackouts for stability purposes,” reports Zero Hedge.

Of course they’re also blaming Russia, saying “cyberattacks” will take down the grid

Since last summer, power generation capacity across the western United States has declined by about 2.3 percent, even as demand is expected to increase. The Midwest is also in pretty bad shape, with the grid expected to be extremely tight throughout the summer months.

Some grids may have to source power from neighboring grids if they run into

shortages, which could trigger blackouts. The NERC expects this, having warned last year that at least 40 percent of the country is now at risk of losing power at a moment’s notice, depending upon demand.

This year, expectations are even worse with at least half of the country expected to run into energy problems once the really bad heat arrives. Not only have conditions worsened since the last estimation, but more “green” energy has been installed to replace stable energy since that time as well.

The Electric Reliability Council of Texas (ERCOT) has issued multiple warnings as of late about how summer heatwaves could push that system over the edge. Texas is known to be hot and should be prepared, but after the freeze fiasco last year, there is no telling what will happen to the Lone Star State this year.

California is also in dire straits with a drought that is shrinking reservoir levels combined with the decommissioning of fossil fuel plants.

“We know that reliability is going to be difficult in this time of transition,” said Alice Reynolds, president of the California Public Utilities Commission, during a recent press conference.

Keep in mind that this is all expected to hit a time when gas and other energy prices are skyrocketing, inflation is through the roof, and food shortages are expected to increase. Hell on earth is about to be unleashed, it seems.

“America is slipping into the abyss as households get a taste of what it’s like to live in Venezuela,” warns Zero Hedge.

“It’s not that far off from what people are experiencing today: soaring inflation, shortages, a ruling regime which so many claim was not elected by the majority and soon, rolling blackouts.”

To keep up with the latest energy news as it develops, be sure to check out EnergySupply.news.

Sources for this article include:

NaturalNews.com

ZeroHedge.com

StrangeSounds.org

Joe Biden Is the Equivalent of 9/11 for the American Economy

BY ROBERT SPENCER

SEE: https://pjmedia.com/news-and-politics/robert-spencer/2022/05/20/joe-biden-is-the-equivalent-of-9-11-for-the-american-economy-n1599568;

republished below in full unedited for informational, educational & research purposes:

Joe Biden’s tumultuous year and a half of pretending to be president has seen the fall and rise of many things in the United States: gas prices, of course, are rising through the roof, along with prices on pretty much everything else. But for the stock market, it’s a different story altogether. Yahoo Finance reported Friday that U.S. stocks have just endured their longest losing streak since 2001; in other words, Joe Biden’s presidency has had an effect on the U.S. economy that is equivalent to 9/11.

This is not in any way to diminish the untold suffering that resulted from the attacks. Nearly 3,000 people were brutally murdered. There is no equivalent for that and no mitigation of its horror. The analogy between then and now is not in that but in the fact that the economy is suffering to a degree that we have not seen since the immediate aftermath of that terrible day.

According to Yahoo Finance, the major stock indexes were “heading for steep weekly losses as concerns over the resilience of corporate profits in the face of inflation resurged this week.” Luckily, Old Joe’s Commie pals threw us a lifeline: “the S&P 500 traded lower, erasing earlier gains after China’s central bank unexpectedly cut a benchmark interest rate to offer some relief to borrowers in the country still grappling with a widespread COVID-19 outbreak.”

Nonetheless, “the index dropped more than 1.5%, bringing it on an intraday basis lower by more than 20% from its recent record close from Jan. 3. If the losses hold through market close, the S&P 500 will have entered a bear market.” Well, of course, we will. That is as certain as Joe’s next teleprompter gaffe.

Meanwhile, the news from the other indexes was no better: “the Dow shed more than 400 points or 1.4%, and the Nasdaq dropped more than 2% during intraday trading. Treasury yields sank, with the yield on the benchmark 10-year note sinking to just above 2.8%, and U.S. crude oil prices edged up to more than $112 per barrel.” And this has been going on for a while: “the losses Friday for the major U.S. stock indexes extended a slide seen earlier this week. As of Thursday’s close, the S&P 500 was on track for a weekly loss of 5.4% — its biggest since January. And the index was also on track to post a seventh straight weekly loss or its longest losing streak since 2001. The Dow and Nasdaq paced toward weekly losses of 5% and 6.2%, respectively.”

The longest losing streak since 2001. What happened in 2001 that made stocks take a nosedive? According to CNN Money, that fateful year “began with a bang. The Nasdaq surged a record 14.17 percent on the second trading day of 2001 after the Federal Reserve surprised investors with a half-percentage point rate cut. That was the first of 11 attempts by central bankers to revive consumer and business spending. Stocks continued to rise in January only to tumble by April. They gained sharply through May before gradually declining through summer.”

But then came 9/11, and suddenly the economic picture was drastically different: “the Dow industrials fell more than 1,300 points in the first week after the markets reopened following the terror attacks, its worst week since the Great Depression. By Sept. 21, the major indexes had fallen to three-year lows. But less than 10 weeks later, the major indexes erased their post-Sept. 11 losses, vindicating investors who called for patriotic buying after the attack.”

Related: Key Bond Market Recession Indicator Flashing Red

Will the American economy similarly rebound now? It could, but there is no chance of such a recovery while Joe Biden and his henchmen have their knees on our collective economic windpipe. It is the Biden administration’s profligate spending, an uncontrolled increase of the money supply, and relentless commitment to green fantasies and socialist internationalism that have gotten us in this fix, and there is no end in sight.

Could the stock market recover? Sure, if Biden suddenly became an America-First president and focused on relieving the plight of the American people rather than the Ukrainian people and if he abandoned his schemes to destroy the economy chasing more green delusions and worked to restore the energy independence the nation had achieved during the Trump administration. But that’s about as likely as Old Joe reading a message off his teleprompter without saying something silly and/or incoherent.

The next milestone will be when the stock downturn becomes the worst since the Great Depression. Watch for that one soon. And then what will we see in America? Breadlines? Hoovervilles? Food riots? In Joe Biden’s America, during the presidency that Nancy Pelosi gushed was “perfect,” all this and more is in the offing. Old Joe Biden’s presidency will long be remembered for its many milestones, and wrecking the strongest economy on the planet will stand as one of the foremost.

While Americans Can’t Afford Gas, Biden Slashes Drilling

BY DANIEL GREENFIELD

SEE: https://robertspencer.org/2022/04/while-americans-cant-afford-gas-biden-slashes-drilling;

republished below in full unedited for informational, educational & research purposes:

It’s not Putin’s price hike, it’s Biden’s. And he insists on reminding us of that every few days.

The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s largest swath of public land to oil and gas drilling.

The Bureau of Land Management’s decision will shrink the amount of land available for lease in the National Petroleum Reserve in Alaska…

The decision returns to an Obama administration plan that allows fossil fuel extraction in up to 52% of the reserve, compared to the Trump administration’s effort to open up 82% of the land to drilling.

Nationally gas prices continue to rise, despite increased production, hitting an average of $4.13. Of course, where I live, people would wait on line for an hour to get $4.13 gas and consider $5.13 a mouthwatering bargain.

But that’s what happens when you put enviros in charge of a city, a state, or a country.

While Biden and his lackeys advise Americans to buy $55,000 electric cars, they fly jet planes everywhere and then keep blocking efforts to make America energy independent.

U.S.-dominated global financial system facing collapse as China begins buying Russian coal and oil in yuan, not petrodollars

Image: U.S.-dominated global financial system facing collapse as China begins buying Russian coal and oil in yuan, not petrodollars

BY J.D. HEYES

SEE: https://www.naturalnews.com/2022-04-15-china-begins-buying-russian-coal-oil-in-yuan-not-petrodollars.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) We have been warning since the beginning of Russia’s invasion of Ukraine that one of the negative long-term effects of imposing massive economic sanctions on Moscow would be the dismantling of the U.S. petrodollar-dominated global financial system, and that is exactly what is happening.

Not only is Russia continuing to finance its war in Ukraine, but President Vladimir Putin has also managed to bypass those sanctions with China’s help, as Beijing continues to snap up Russian energy.

While Russia requires European nations reliant on its coal and oil to pay for those commodities in “hard currency” — gold — or Russian currency  — rubles — China is able to purchase both in its own currency, the yuan, as Beijing begins to build a parallel global financial system that cuts out and undermines the petrodollar.

Bloomberg News reports:

Russian coal and oil paid for in yuan is about to start flowing into China as the two countries try to maintain their energy trade in the face of growing international outrage over the invasion of Ukraine.

Several Chinese firms used local currency to buy Russian coal in March, and the first cargoes will arrive this month, Chinese consultancy Fenwei Energy Information Service Co. said. These will be the first commodity shipments paid for in yuan since the U.S. and Europe penalized Russia and cut several of its banks off from the international financial system, according to traders. 

The traders went on to say that the current purchases were the first using the Chinese yuan; the Eastern Siberia Pacific Ocean grade crude shipment is expected to arrive in Chinese ports next month.

For years, as its economy rose to be No. 2 in the world, China has been frustrated at the petrodollar’s global dominance in trade as well as the political leverage that it gives the United States, and as such, Beijing has been chipping away at the dollar’s status. Those efforts are now accelerating amid U.S.-led Western sanctions over the war in Ukraine, as Moscow is also offering rupee-to-ruble payments to India and Saudi Arabia is in discussions with China to price some of its crude stocks in yuan as well.

In other words, not only is the Biden regime incompetent when it comes to domestic policy but its foreign policy is being run by left-wing ideologues and amateurs who are doing more to destroy American global leadership and dominance than President Donald Trump ever did; in fact, it became strengthened under Trump.

As reported by Zero Hedge, New York Federal Reserve repo guru and current Credit Suisse strategist Zoltan Pozsar issued a stunning note last week saying that the most likely consequences of the Ukraine war are “the birth of the Bretton Woods III – a new world (monetary) order centered around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the West.”

“Fast forwarding to the punchline, Poszar wrote that if the framework he has laid out previously (and again, in his latest note) is the right framework to think about how to trade interest rates in coming years, inflation will be higher; the level of rates will be higher too; demand for commodity reserves will be higher, which will naturally replace demand for FX reserves (Treasuries and other G7 claims),” Zero Hedge continued in its analysis of Poszar’s forecast.

The analysis also said that at the same time, the global demand for dollars will also be much lower as well because more trade will be conducted in other currencies. As a result, “the perennially negative cross-currency basis (the dollar premium) will naturally fade away and potentially become a positive cross-currency basis,” the analysis added.

In short, that means the petrodollar is on the way out as the world’s global reserve currency, and that will have an extremely negative impact on the U.S. economy, as interest rates rise, inflation spins out of control and debt payments on our $30-plus trillion national debt become unsustainable.

Sources include:

ZeroHedge.com

Bloomberg.com

Between hyperinflation and World War III, most of humanity doesn’t stand a chance

BY ETHAN HUFF

SEE: https://www.naturalnews.com/2022-04-07-hyperinflation-world-war-humanity-doesnt-stand-chance.html;

republished below in full unedited for informational, educational & research purposes:

(Natural News) As the world inches closer to another world war, food shortages, social unrest, and hyperinflation are following suit. And when all is said and done, much of the world’s population will likely not make it.

Ever since Russian President Vladimir Putin invaded Ukraine, the stability of the global economic climate has gone off a cliff. It was bad before that, of course, but things seem to have gone into hyperdrive since February.

The Great Recession Blog put together a broad picture of some of the most notable areas where either background inflation (rising producer costs) or consumer inflation is rising significantly, one of the big ones being oil.

“Oil, of course, impacts the price of just about everything, and there is no cavalry here that is going to come to the rescue for anyone, in spite of Biden’s biddings,” the blog explains.

Oil giants like Exxon are boasting massive profit increases due to the shortages created by Russian sources being taken offline, while consumers at the pump are paying higher prices than ever before in our nation’s history.

“Apparently shortages are good for business … at least for some businesses – the ones with their own ample supplies, who see gushers of profits in times like these,” the blog explains.

Will there be enough food to go around at this time next year?

Rising energy costs also directly affect the food sector, as is now being seen perhaps most prominently in Germany, where food prices are increasing 20 to 50 percent.

The United States is seeing glimpses of this as our own energy supplies have been hampered by Biden regime policies that once again made the country energy-dependent rather than energy-independent, which we were under Donald Trump.

The situation is getting so bad all around the world now that the prospect of widespread famine and starvation is becoming a reality. Energy costs the most, fertilizer is in shorter supply, and crop yields are already suffering in many places due to inclement weather – what else is next?

“Of course, financial aid doesn’t fill bellies in places where food doesn’t exist due to lack of fertilizer and/or due to crops not being planted in the major food-producing nations for the world as well as within those nations,” the blog explains.

“What helps is food shipments, and food shipped from the U.S. to other nations to prevent starvation inevitably means some food shortages in the U.S. on a smaller scale and certainly higher prices as people scramble to get their hands on the limited food that is available.”

If there is not enough food to share, however, then this scenario quickly becomes much worse, leading to riots and much worse the longer it persists.

“In a time when one calamity – the Wuhan coronavirus (COVID-19) crisis – hit the entire world (with the economic impacts largely due largely to our national responses to COVID) another calamity – war – hits the entire world (partially due to our global responses to it),” the blog further reveals.

“Each calamity, along with the baked-in inflation already fueled by years of central bank profligacy, weakens our ability to absorb the next one.”

It is almost expected that something new, big, and catastrophic is just waiting to be unleashed next, even as we hobble through the current nightmare. It is almost as if a perfect storm is ready to be unleashed when the time is right, tipping the entire global economy past the point of no return (if it is not already there now).

“I find myself wondering what global calamity after this will fly in like a black swan to take everything down because we have exhausted our resilience all over the world and seem hell-bent on continuing to do so with wars and sanctions no one can afford.”

The latest news coverage about the global economic implosion can be found at Collapse.news.

Sources include:

TheGreatRecession.info

NaturalNews.com

1 2 3 4