ZeroHedge - BY TYLER DURDEN - SAT. AUG 20, 2022 - 12:40 AM
Authored by 'Sundance' via The Last Refuge blog,
As a result of western governments’ taking collective action under the auspices of a ‘climate change agenda, we are on the cusp of something happening with ramifications that no one has ever seen before.
Western governments, specifically western Europe, North America (U.S-Canada), and Australia/New Zealand, are intentionally trying to lower economic activity to meet the intentional drop in energy production.
This is the core consequence of the Build Back Better agenda as promoted by the World Economic Forum.
Anyone who says there is a reference point to determine both the short-term and long-term consequences is lying. There is no precedent for nations’ collectively and intentionally trying to reduce economic activity.
Hiding behind the false justification that current inflation is driven by too much demand, central banks in Europe, the Bank of England, Bank of Canada, and the U.S. federal reserve are raising interest rates. The outcome we are currently feeling is an intentional economic contraction and global recession.
The Build Back Better monetary policy is successfully shrinking western economic activity; however, the impacted nations that produce goods for markets in North America and Europe, specifically southeast Asia, Japan, and China, are not raising interest rates in an effort to try and offset the drop in demand. China has announced they are dropping its central bank rates in a desperate effort to lower costs and keep its export-dependent economy working.
Underneath all of this, is a drop in energy production in the same nations trying to lower economic activity. The political policymakers are attempting to manage this process without informing the citizens of the unspoken goal. Shortages of oil, coal, and natural gas are self-inflicted problems, all part of the BBB agenda.
Beyond the massive increases in energy costs, which is the true source of inflation and a direct/intentional outcome of the BBB effort, Europe is now facing a looming winter without the energy resources to heat homes and sustain people. Things are going to be very uncomfortable in Europe this winter as roaming brownouts are now predicted.
As the collective west attempts to, using their words, “manage the transition,” they do not have mechanisms to control an outcome of this magnitude. It is simply too big a situation to manage. Where the rubber meets the road, the think tanks and high-minded climate change ideologues do not have the ability to manage a transition and still meet the needs of people. Beyond the esoteric thinking, there are real consequences of these actions.
Many people have discussed the potential for longer-term food shortages and recently, shorter-term winter heating. However, beyond that, the downstream geopolitical consequences are seemingly being ignored. Instead, what we see is an effort to keep pretending the climate change ends will justify the means (disruption of energy production).
In this connected world, when the western nations stop buying things, we find ourselves domestically in economic trouble. Businesses fail, unemployment rises, financial stress ripples throughout the economy, dependency on government subsidies increases, and real pain is felt. However, beyond the domestic issues, the supplier nations run into even bigger problems.
Unemployment in Malaysia, Vietnam, South Korea, Japan, Taiwan, and even China, creates an entirely different set of regional stability issues on a geopolitical level.
There is no precedent for this. Never before in the history of industrialized nations has any government intentionally tried to lower its economic activity. It has never been done with intent before because within the contraction nations get poorer, people suffer.
Not only has no single nation ever tried to intentionally shrink its wealth, but there is no precedent whatsoever for an alliance of nations to join together with the same purpose. While this might seem like an academic economic modeling exercise, unfortunately, it is very real. What I am describing is happening right now, and we had better start talking about it before the unforeseen consequences start to become a crisis.
In North America (U.S-Canada), Europe, and Australia, there will continue to be massive increases in food prices as a result of the collapse in energy production. Beyond the western nations, there will be food shortages as a result of lowered harvest yields and less industrial food production. This is not controversial.
It is also not controversial that regions with harsh winter climates are going to be paying much more for scarce heating resources.
That being accepted, what happens geopolitically, even militarily, when the entire global economy starts to feel the impacts of western nation economic contraction on a scale -created by collective action- that has never been seen before?
I have no idea what that big picture consequence looks like, but whatever “that” is, will be happening at the same time as people everywhere will be more desperate as an outcome of their economic position. I don’t have the answers, but I sure as hell can see the problem coming.
Political leadership in the aforementioned western nations is seemingly, perhaps intentionally, keeping people distracted with domestic shiny things to occupy their time. However, someone needs to start talking about, and seriously challenging, the big picture consequence of this Build Back Better future before it’s too late.
*Follow the WEF trail to Switzerland to discover the Khazarian Mafia hiding behind Klaus Schwab and his cohorts. The US and its people have nothing to do with the disasters caused to the ordinary people of the Earth.
The Khazarians have once again constructed an intricate web, whose aim is to destroy the world's economy by setting people up against each other, blocking each other's supply chains, leaving just death and ruins.
What everybody must be aware of is that this is not a war to prevent Putin from occupying Ukraine, but an attempt by the evil Khazarian Jews/WEF/NATO to control yet another country in their growing New World Order. They are simply using Ukraine as a battlefield. Their plan is to destroy totally the world's economy and turn the population into slaves.
Like the Freemasons, they have also life-threatening rules in their membership, one being REVENGE, 10 times harder than was ever perpetrated on them.
Russia in particular, in the past, has expelled the Khazars several times. I have all of 7 detailed articles in book format on the Khazarian Jews if anybody is interested in further information.
Putin, and earlier also Trump, are the ONLY Presidents who have enough guts to see what they are attempting to do to the world population and have sufficient courage to do something about it.
The bottom line is for the people to regain their original, moral principles, which have intentionally been watered out over the past generations by our press, TV, and other media owned by the Illuminati/Bilderberger Group, corrupting our morals by making misbehavior acceptable to our society. Only in this way shall we conquer this oncoming wave of evil.
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