Monday, October 31, 2022
Friday, October 28, 2022
Fear..
Thursday, October 27, 2022
Dishonest..
The Democrats are trying to pretend to protect "Democracy" as if Democracy in the US is so fragile that only Biden can protect.
Destruction of the economy, Dealing with Covid-19, Blocking energy production, Inflation of 9%, Recession, South Border Chaos, adding fuel to the fire in the Ukraine, but they want to change the failed story into something else, as the goal is to keep the power as the election is upon us.
Just a "Dishonest" thought.
Loaf..
The main impact Russia’s war against Ukraine poses on the world economy is through higher prices for energy and weaker confidence in financial markets, bolstered by strong international sanctions against Russia.
The two countries are important suppliers of certain commodities, including titanium, palladium, wheat and corn. The war’s impact on commodity prices and therefore household spending is more important than potential contagion through trade linkages with other nations. When it comes to inflation, there are different channels to consider.
Food. One important channel of trade spillovers is agricultural exports. According to the US Department of Agriculture, Russian and Ukrainian wheat exports are about a quarter of the global total.
In the UK, bread and cereals have a weight of 2.1% in the CPI. While flour prices move closely with wheat prices, this is less true for bread, where the cost of production, ingredients, packaging, and advertising mean that flour is a relatively small proportion of the cost of a loaf of bread.
Adding energy cost due to sanctions by the G7 on Russia and Russia Back and We got worldwide Recession created and promoted by the Seven rich countries decisions and as they realized the trouble, No-one care to correct it.
Haven't we learned anything in the past. Just a thought.
Swinging..
The rule, first invoked by Trump in 2020, uses emergency public health authority to allow the United States to keep migrants from seeking asylum at the border, based on the need to help prevent the spread of COVID-19
Two years ago, candidate Joe Biden loudly denounced President Donald Trump for immigration policies that inflicted “cruelty and exclusion at every turn,” including toward those fleeing the “brutal” government of socialist Nicolas Maduro in Venezuela.
Now, with increasing numbers of Venezuelans arriving at the U.S.-Mexico border as the Nov. 8 election nears, Biden has turned to an unlikely source for a solution: his predecessor’s playbook.
The Democrat-led city of El Paso, Texas, is ending a months-long effort to bus migrants to northern cities after a new policy put in place by the Biden administration is forcing Venezuelan migrants back to Mexico and easing pressure on the border city. Just a "changing game" thought.
Wednesday, October 26, 2022
Biden..
In the Last two years, President Biden's time in the office, the US economy is facing the unimaginable trouble of the 1970 without any outside threat.
The Country is getting its money's worth from this administration. You single handedly did it.
Just a thought.
Nord..
Nord Stream 2 was shut down by President Biden. Key Stone Pipeline XL was cancelled by President Biden. Sanctions were placed on Russia by the G7 in order to place the Russian economy in trouble. Now the trouble is occurring in UK, Italy, Germany, US with recession expected in world economies.
Sanctions..
Factors..
Our NIESR policy paper considers several channels expected to affect the global economy. Trade restriction as the result of sanctions imposed on Russia.
Higher energy prices,
Higher European public expenditure on refugees and defence.
Higher uncertainty and investment risks globally.
Higher exchange rate risk in Russia.
The analysis was done in the very early stages of the conflict, which means the results are derived from the limited sanctions announced in the first few days of the war.
Moreover, in the simulation there was a positive impact to Russian GDP from the increase in energy prices. There is significant risk of more material losses if energy and gas trade is restricted and other financial sanctions bite.
So the trouble in UK could be created by the G7 response to the War of Ukraine.
Just a thought.
Monday, October 24, 2022
Blank Check..
This all started when House Minority Leader Kevin McCarthy in an interview with Punchbowl News. Said “I think people are gonna be sitting in a recession and they’re not going to write a blank check to Ukraine,” McCarthy said.
It’s true that many Republicans full-throatedly support the Ukrainian cause. A large majority of Republicans have so far voted for tens of billions of dollars in Ukraine aid. But 57 House Republicans voted against it. And a Democrat points out that a number of House GOP candidates opposed more funding, too.
The question here is; who are we helping with extending the war in Ukraine?
Fueling the Ukraine war resulted in millions who fled the country, destruction of a country of Ukraine, daily misery for those who stayed and people in many other countries due to sanctions, higher prices, and economic unavailability of food.
Or we just giving free money to the defense industries? Just a "Blank Check" thought.
Sunday, October 23, 2022
Economics..
Sen. Bernie Sanders said Sunday he’s worried about turnout levels of young Democratic voters ahead of the November midterm elections.
The Vermont senator said, “I am worried about the level of voter turnout among young people and working people who will be voting Democratic.
Sanders continued to suggest that Democrats should frame their midterm approach around economic talking points — and not abortion — to drive turnout.
Sanders, who is chair of the Senate Budget Committee, backed President Joe Biden on opposing the elimination of the debt ceiling, projected to be a key issue should Republicans take back the House and Senate in November. “You have to increase the debt ceiling,” Sanders said.
That spending brought inflation and disastrous economic problems that will poor people are paying for the high prices of food, energy etc. Just a thought.
Talk..
At the start of the meeting in the Bavarian Alps, four of the Group of Seven rich nations moved to ban imports of Russian gold to tighten the sanctions squeeze on Moscow and cut off its means of financing.
A French presidency official said Paris would push for a price cap on oil and gas and was open to discussing a U.S. proposal.
The G7 leaders did agree on a pledge to raise $600 billion in private and public funds for developing countries to counter China's growing influence and soften the impact soaring food and energy prices.
G7 host German Chancellor Olaf Scholz invited Senegal, Argentina, Indonesia, India and South Africa as partner nations at the summit. Many countries of the global south are concerned about the collateral damage from Western sanctions on Russia.
Was that a bad planning from the G7 or a biblical fate "If you set a trap for others, you will get caught in it yourself. If you roll a boulder down on others, it will crush you instead?"
Saturday, October 22, 2022
Inflation..
The Inflation in both countries started first at the United States when the secretary of treasury and the Federal Reserve Chair indicated that the inflation that we see is "Transitory." The secretary indicated that this inflation is caused by rise in gas prices.
Then the Liberal President wanted the G7- the free world, to follow his plan to add fuel to the fire in the Russ/Ukraine war. He also immediately cancelled the Pipeline Nord Stream 2. With that, the flow of energy decreased greatly, and Europe fell for the Trap of three-fold prices of energy. With that recession is on its way. Just a thought.
Crisis
Americans and Britons once smugly viewed political uprisings, governing meltdowns and self-defeating errors as the eruptions of unstable countries and immature political systems.
No longer. And China and Russia couldn’t be happier.
The humiliating resignation of British Prime Minister Liz Truss after just 45 days in power on Thursday was just the latest governing fiasco to rock the two great democracies on either side of the Atlantic.
Britain has reeled from crisis to crisis in recent years in a way that has left allies who once viewed the country as an exemplar of good governance baffled at its self-immolation.
People are elected to the higher office to improve people's lives, make tomorrow better than today. Not in this case. The various crisis occurring today is man's deliberate action of supporting the Russia/Ukraine war. Just a thought.
Friday, October 21, 2022
Polling Station..
Operation..
Operation Rolling Thunder was a gradual and sustained aerial bombardment campaign conducted by the United States (U.S.) 2nd Air Division, U.S. Navy, and Republic of Vietnam Air Force (RVNAF) against the Democratic Republic of Vietnam (North Vietnam) from 2 March 1965 until 2 November 1968, during the Vietnam War.
The four objectives of the operation (which evolved over time) were to boost the sagging morale of the Saigon regime in the Republic of Vietnam (South Vietnam); to persuade North Vietnam to cease its support for the communist insurgency in South Vietnam without sending ground forces into communist North Vietnam; to destroy North Vietnam's transportation system, industrial base, and air defenses; and to halt the flow of men and materiel into South Vietnam.
This was a lesson from Vietnam War. Just a thought.