This morning you will learn about “Global Billionaire Communism” (GBC). But we need to back up to our Thursday morning report to put this in proper context. As I told you yesterday: be looking for “game-changer” news beginning at 10:45 AM Eastern time and through today’s close. Market’s at an inflection point in our work..
This morning, we think the BIG NEWS is the Testosterone of Trade and where that might lead.
The K-12 version goes like this:
- President Trump will blow out of the G7 meetings early and is blasting Canada and France in tweets over tariffs.
- Some US media are handwringing, not so much over the Trump strong America concept (to oppose the America First notion – or MAGA – would be ratings suicide) so the focus morphs into the importance of Trump missing the climate part of the meetings.
- And, reports Bloomberg, Angle “Merkel Urges Europe to Step Up in Trump’s New World Order .”
Now here’s your dime-store analysis point by point.
On the first – Trump standing up to lopsided pro-EU/Canada tariffs: The “sales job” by the globalist press is designed to make you neutral about the facts. If you can be swayed anti-Trump along the way, so much the better for their globalist masters.
But here’s the real background that no one talks about: The G7 (G8 if we include Russia, which no one wants to) don’t like the US. They hate American exceptionalism (despite failing to invent electric lights, transistors themselves along with a miles-long list of other American firsts). We figure CERN is going as an effort to “prove” that globalism has a cooperative brain. Jury is out.
Facts argue that we’re seeing a new brand of the Globalist Billionaire’s Club (GBC) in each of the G-7 countries (*and to some extent even here in America). They are actively pursuing a self-righteous brand of “Rich Man’s Communism” under the false flag of a Global New World Order.
Sure, there are “nominal democracies” left – but with billionaire club members like George Soros are plowing money into lefty organizations with the goal of taking down real democratic Republics – like the USA. Dangerously innovative and hard to compete with – so good is our our system – and so crooked are theirs. With the GBC layer on top the schema becomes clear. Where do you think unelected EU Super Government came from? That’s their version of our Deep State. Theirs is just publicly acknowledged as we read it.
The Global Billionaire’s Club has responded to MAGA by evolving is a kind of Global Commie Trickle-Down. Global Billionaire Communism [GBC] (under the notion that all billionaires are roughly “equal”) trickles-down into the countries they own, lock, stock, and barrel. The one-half of one percenters. Top-down Globalist Spun Communism…got it? “One for all and all for me” types.
Second Point, which we’ve beaten to death, is the “climate” change started with the Laurentide Sheet began to melt. All that’s going on now is a half-ass effort to swindle the sheep into a) not looking at the DeVries and other long-term solar cycles which (because of the 206-year DeVries cycle) may bring a Maunder Minimum Lite in the coming decade. The real agenda of the GBC is to convince the dumbest of the sheep to participate in Digital Mob Rule (which they play like a harp with media strings) to pay a globalist tax and to downsize individual lifestyles so that the GBC/Global Billionaires Club has even MORE POWER AND CONTROL. Beware the pricks who’d save us.
Got to admit, in a Dr. Strangelove kind of way, it’s graceful, really. Fact is, Trump’s got a schedule with NK talks next week so why would he sit through another insufferable climate change pitch? Isn’t New York supposed to be under water? (Secret: 1998 was IT.)
Point 3: Angie Murky may be playing off a deep-seated anti-US Teutonic gene suppressed in the years following World War II. The reason for Germany’s subliminal anti-US psyche? We turn to Wikipedia and read:
“During World War II, Nazi Germany extracted payments from occupied countries and compelled loans. In addition, countries were obliged to provide resources, and forced labour.
After World War II, according to the Potsdam conference held between July 17 and August 2, 1945, Germany was to pay the Allies US$23 billion mainly in machinery and manufacturing plants. Reparations to the Soviet Union stopped in 1953. Large numbers of factories were dismantled or destroyed. Dismantling in the west stopped in 1950.
Beginning before the German surrender and continuing for the next two years, the United States pursued a vigorous program of harvesting all technological and scientific know-how as well as all patents and many leading scientists in Germany (known as Operation Paperclip). Historian John Gimbel, in his book Science Technology and Reparations: Exploitation and Plunder in Postwar Germany, states that the “intellectual reparations” taken by the U.S. and the UK amounted to close to $10 billion.”
If you’re having trouble with the math: Germany was assessed $23 billion (reparations) and even if you count von Braun, et alia, we actually got about $10-billion worth. Which seems to leave Germany owing the US $13 billion, plus whatever they stiffed us for during the Cold War when the US was paying for NATO. What about half a century of interest on $13-billion?
Why then, you’re wondering, would the US Fed repatriate gold a few years back to Germany? Obviously, still owing $13 billion – plus over half a century of compound interest, maybe we should have impounded all the gold the Fed held in trust for ’em. Is the Fed stupid, or what? (We hold some Truths to be self-evident: They, too, are beholden to the Globalist Billionaire’s Club. You are following Ure’s acerbic view of history, I hope?
Which gets us me to the chart from yesterday morning’s report. The one that predicted based on the work we publish over on the Peoplenomics side of the house, that we were due for a turn.
I was assiduously careful Thursday NOT to recommend a position based on our work. (We don’t do ‘advice.’) It is, after all, only theoretical economics. Only a fool would put a major bet on such speculation, although I saw such a fool this morning in the mirror. Someone who may put his “happy dance shoes” on in the time after today’s open.
Thus, with enough facts and depth, we once again are able to take seeming disparate news bits and weave it into something that might actually improve our personal bottom lines. I can’t think of a better reason to get up and study current events every day. Greed works better’n coffee.
Eyes on Russia
See our Comments section for links to the Scandinavian war prep exercises and their “ready for war ” pamphlet. Put that in the context of U.S, Russian military leaders meet in Finland and you may glimpse something of the future of conflict. The Lutefisk War?
Do you have any idea how long it’s been since I’ve had Æbleskiver? Don’t even have a pan for ’em anymore. Pans are $22 bucks at Amazon…gee, am I hungry? Just writing about Russia gets me thinking BEAR claw…
A Deep Stater Caught?
The second-biggest story this morning is summarized neatly over at The Daily Beast which reports on an “Ex-Senate Intelligence Staffer James Wolfe Indicted on Charges of Lying to FBI.”
The real story here may be that (by reports) Wolfe was a
non-partisan. What we hope to learn in coming days and weeks is whether he was a “non-partisan democrat” or a “non-partisan republican.”
More to point, we hope the DOJ has cell phone records. Love to know if any of those calls lead to the US Vichy Government’s mansion or Trump-opposition orchestraters.
Those Bankrupt Democrats
This may clarify things for you. ‘Take That, Trump.’ Maryland Gubernatorial Candidate Includes Same-Sex Kiss in Campaign Ad.”
Unable to pass any successful and meaningful policies, we see the democrat party is turning elections into a vote on sex. Which is f**ked sop to speak. It’s how emotional baiting and switching works. Sell Sex, not Results. Lesson from the Food biz: When you don’t have a steak, sell the sizzle. Some damn fools will buy it – sells like hotcakes in the NE and left coast.
Dribs and Drabs
Mitt Romney: Trump Will ‘Easily’ Get Re-Elected in 2020. A remarkable turnaround, in our view.
Dow Futures down 70 earlier have recovered a bit…but with so many things that could go wrong this weekend and early next, a late session sell-off and carry over into next week would make sense if you game such things.
That would set up “sell the rumor, buy the news” for Wednesday when we should hear on NK talks and the Fed rate hike impacts.
Just another day in paradise, huh?