Warning – Page 23 – The Faithful Watchman

Mainstream Economists Are Struggling to Hide the Incoming Economic Collapse

Brandon Smith – December 1, 2021

For many years now there has been a contingent of alternative economists working diligently within the liberty movement to combat disinformation being spread by the mainstream media regarding America’s true economic condition. Our efforts have focused primarily on the continued devaluation of the dollar and the forced dependence on globalism that has outsourced and eliminated most U.S. manufacturing.

The problems of devaluation and stagflation have been present since 1916 when the Federal Reserve was officially formed and given power, but the true impetus for a currency collapse and the destruction of American buying power began in 2007-2008 when the Financial Crisis was used as an excuse to allow the Fed to create trillions upon trillions in stimulus dollars for well over a decade.

The mainstream media’s claim has always been that the Fed “saved” the U.S. from imminent collapse and that the central bankers are “heroes.” After all, stock markets have mostly skyrocketed since quantitative easing (QE) was introduced during the credit crash, and stock markets are a measure of economic health, right?

The devil’s bargain

Wrong.

Reality isn’t a mainstream media story. The U.S. economy isn’t the stock market.

All the Federal Reserve really accomplished was to forge a devil’s bargain: Trading one manageable deflationary crisis for at least one (possibly more) highly unmanageable inflationary crises down the road. Central banks kicked the can on the collapse, making it far worse in the process.

The U.S. economy in particular is extremely vulnerable now. Money created from thin air by the Fed was used to support failing banks and corporations, not just here in America, but around the world.

Why does it matter where those dollars came from?

Because the dollar has been the world reserve currency for the better part of the past century, the Fed has been able to print cash with wild abandon and mostly avoid inflationary consequences. This was especially true in the decade after the derivatives crunch of 2008.

Why? The dollar’s global reserve status means dollars are likely to be held overseas in foreign banks and corporate coffers to be used in global trade. However, there is no such thing as a party that goes on forever. Eventually the punch runs out and the lights shut off. If the dollar is devalued too much, whether by endless printing of new money or by relentless inflationary pressures at home, all those overseas dollars will come flooding back into the U.S. The result is an inflationary avalanche, a massive injection of liquidity exactly when it will cause the most trouble.

We are now close to this point of no return.

https://alt-market.us

EU Official Warns Of ‘Rolling Blackouts’ As Energy Crisis Worsens

Tyler Durden – December 1, 2021

Europe’s energy crisis is about to get a whole lot worse as the Northern Hemisphere winter is just weeks away. New risks are emerging across the continent that households and companies might have to scale back on power use or even plan for rolling blackouts.

There is no immediate fix to the energy crisis that comes from the supply side, with Russia’s Gazprom, the largest supplier of natural gas to Europe, only pumping what it has. At the same time, EU stockpiles remain well below trend.

On Tuesday, Prime Minister Mario Draghi said Italy’s government is ready to combat soaring energy prices for households, according to Bloomberg.

“We set aside 1.2 billion euros ($1.4 billion) in June and over 3 billion euros in September,” Draghi said. “We are now taking steps in the budget and are prepared to continue doing so, with particular attention to the most vulnerable.”

“Given the current energy supply system, a blackout cannot be ruled out” across Europe, Minister Giancarlo Giorgetti said, adding that “it’s important to neutralize the impact of increased energy bills on households and companies in the fairest way possible.”

Even before the winter season arrives, cold weather is driving energy prices across Europe to record highs. The massive rally in European gas prices is not diminishing anytime soon. Gas prices at the Dutch TTF hub, the benchmark gas price for Europe, jumped to €100 per MWh, adding more pressure on households who are already dealing with rapid food and shelter inflation.

The long-awaited activation of Gazprom’s Nord Stream 2 pipeline from Russia to Germany would ease the natural gas crunch. Still, the project continues to hit regulatory snags from German regulators who recently suspended the certification process of the pipeline. What this could mean is flows might not start until spring.

https://www.zerohedge.com

129 nations ignore Jewish ties to Temple Mount, call it solely Muslim

TOVAH LAZAROFF – DECEMBER 3, 2021

The United Nations General Assembly approved a resolution 129-11 on Wednesday that disavowed Jewish ties to the Temple Mount and called it solely by its Muslim name of al-Haram al-Sharif.

The text, referred to as the “Jerusalem resolution,” is part of a push by the Palestinian Authority and the Arab states across the UN system to rebrand Judaism’s most holy site as an exclusively Islamic one.

The United States, which opposed the text, said that the omission of inclusive terminology for the site sacred to three faiths was of “real and serious concern.”

Located in the heart of Jerusalem’s Old City, it is where the ancient Jewish Temple stood 2,000 years ago, and it is the home of the Aksa Mosque compound which is Islam’s third holiest site.

“It is morally, historically and politically wrong for members of this body to support language that denies” both the Jewish and Christian connections to the Temple Mount and al-Haram al-Sharif, the US envoy told the UNGA.

https://www.jpost.com

In Early 2022, Prices Will Be Going Up 20 To 25 Percent On Thousands Of Different Products

Michael Snyder – November 23, 2021

If you think that inflation is bad now, just wait until we get into early next year. As you will see below, some of the biggest corporations in the entire country have just announced major price increases which will take effect during the first few months of 2022. So if there are some things that you want to stock up on, you may want to do it now, because your money won’t stretch as far once we get a few months down the road. I really wish that I had better news for you. I really wish that I could tell you that prices are going to level off and that economic conditions will return to normal soon. Unfortunately, the truth is that it appears that our problems will soon be accelerating.

Earlier today, I was stunned to learn that General Mills has announced that prices on “hundreds of items” will be jacked up dramatically in early 2022. In some cases, prices “will go up by around 20%”…

General Mills (GIS) notified retail customers that it’s raising prices in mid-January on hundreds of items across dozens of brands. They include Annie’s, Progresso, Yoplait, Fruit Roll-Ups, Betty Crocker, Pillsbury, Cheerios, Cinnamon Toast Crunch, Lucky Charm’s, Wheaties, Reese’s Puffs, Trix and more, according to letters General Mills sent to at least one major regional wholesale supplier last week.

For some items, prices will go up by around 20% beginning next year.

Ouch.

When you go to the grocery store after the holiday season is over, get ready for a case of severe sticker shock.

Of course General Mills is not the only large corporation that will be doing this.

According to CNN, Tyson Foods, the Kraft Heinz Company, Procter & Gamble, and Kimberly Clark have all announced significant price increases for 2022…

General Mills’ plans are the latest evidence that rising prices won’t be going away anytime soon for some of the most recognizable food and household brands. The company is the latest consumer manufacturer to announce price hikes beginning next year, joining Tyson (TSN), Kraft Heinz (KHC), Mondelez (MDLZ), Procter & Gamble (PG), Kimberly Clark (KMB) and others.

In my entire lifetime, I have never seen anything like this.

https://theeconomiccollapseblog.com

U.S. Drug Overdose Deaths Hit Record High

Human Events Staff | November 17, 2021

The U.S. recorded its highest number of drug-overdose deaths in a one year period, according to the CDC.

There were an estimated 100,306 drug deaths in the 12 months running through April, the latest data shows. This marks a nearly 29% rise from the deaths recorded in the same period the previous year, per the Wall Street Journal.

“It’s telling us that 2021 looks like it will be worse than 2020,” Robert Anderson, chief of the CDC mortality statistics branch, said.

Opioid-related deaths, mainly caused by fentanyl, accounted for about 75 percent of the deaths through April.

Indeed, the pandemic worsened opioid overdoses due to isolation. The number of overdoses in 2020 surged to a record of about 93,330.

https://humanevents.com

New Zealand Euthanasia Law Goes Into Effect, Pro-Life Advocates Fight to Save Vulnerable People

Right to Life UK – Nov 10, 2021

As New Zealand’s euthanasia legislation comes into effect, anti-euthanasia campaigners have launched an initiative to begin the path towards repealing the legislation and protecting the vulnerable.

After becoming the first country in the world to introduce assisted suicide and euthanasia by popular vote in a binding referendum, New Zealand’s End of Life Choice Act (EOLCA) came into effect last Sunday. In response, DefendNZ has launched a new campaign to “protect” the vulnerable from the new law, and to “expose and improve” the law as it is written.

Their spokesperson, Henoch Kloosterboer, said: “Some may have wrongly assumed that this debate was over now that the EOLCA has come into force, when what this actually means is that our advocacy for the vulnerable put at risk by this law is more critical than ever before”.

He described the introduction of assisted suicide and euthanasia into New Zealand as “one of the most seismic shifts in law, healthcare and medical ethics in its entire history. As of this moment, some New Zealanders now wield the state-sanctioned legal power to deliberately end the lives of others, or to assist in their suicides”.

“To think that there will be no harms that will come from this is to be unaware of the many problems unfolding overseas in the limited number of places that have also legalised these practices – and this includes the harm of wrongful killings”.

https://www.lifenews.com

Congressman Slams Democrats: They Want to Use Our Tax Dollars to Dismember Unborn Babies

Micaiah Bilger – November 19, 2021

U.S. Rep. Chris Smith of New Jersey criticized Democrats on Thursday for trying to force taxpayers to pay for the killing of unborn babies in abortions through a massive spending bill.

Democrats’ $2 trillion “Build Back Better” bill, which passed the U.S. House on Friday, does not include any of the long-standing bans on taxpayer-funded abortions. If it passes the U.S. Senate, Americans could be forced to pay for the killing of unborn babies in elective abortions both in the United States and in other countries.

Smith, a leading pro-life voice in Congress, said it’s shocking that Democrats removed the Hyde Amendment and other measures that protect American taxpayers and unborn babies.

“It is time, I believe, for more of us to face the harsh reality of what abortion does to children and look beyond the sound bites and slogans,” Smith said. “No one in the media ever bothers to expose the violent methods of abortion that include dismemberment of a child’s fragile body, including decapitation, and that drugs like RU-486 starve the baby to death.”

He urged lawmakers to restore the Hyde Amendment, which prohibits taxpayer funding for abortions in Medicaid and other federal programs, as well as the Helms Amendment, which prohibits taxpayer funding for abortions in other countries.

“Taxpayers should not be forced to subsidize or facilitate the killing of an unborn child,” Smith said, pointing to recent polls showing strong public opposition to taxpayer-funded abortions.

The massive spending bill mandates abortion coverage in the Affordable Care Act, or Obamacare, and includes a number of other funding measures that could pay for abortions, Smith continued.

https://www.lifenews.com

Venezuelans Turn to Gold Nuggets as the Local Currency Implodes

Cryptogon – November 1, 2021

Dealing with physical gold in fractions of a gram seems extremely cumbersome, and, are vendors confident that they’re being paid in actual gold?

With the use of cryptocurrencies booming in Venezuela, I wonder if people are using any of the gold backed cryptos for the purposes described in this piece?

The most bugeyed Cryptogon readers will wave red flags and warn that these gold schemes could be scams. I understand this sentiment.

But…

If the point of using the physical gold is the protection it offers against the maniac state’s fiat emissions, it might make sense to use tokenized gold for day-to-day business operations. While tokenized gold isn’t physical gold, my guess is that there’s a good chance that alleged physical gold isn’t actual physical gold, in some cases.

If I was running a business and accepting payments in gold, I’d rather have tokenized gold than some yellow shiny stuff that came across the counter. Tokenized gold can be easily transferred anywhere, divided and, depending on the crypto, ultimately redeemed as physical gold. Allegedly physical gold, that is.

Keep in mind, actual physical gold can’t be disappeared by an EMP, a teenage hacker or a quantum computer.

Maybe business people could use tokenized gold for small amounts and eventually sweep these into a larger bar, or some other asset, for long term wealth preservation.

https://www.cryptogon.com

Parents warned they may soon need a ‘license’ to raise their own children

Bob Unruh – November 10, 2021

A senior contributor at the Federalist, Stella Morabito, has published a warning to parents that if leftists are not stopped in their agenda, moms and dads soon could need a “license” to raise their own children.

“Licensing of parents might still sound fringy, but it’s an old social engineering dream that dies hard. And they’re busily building the road to get there. Unless there is aggressive and sustained pushback, you can count on the idea invading the mainstream,” she explained.

“So parents can’t let down their guard. They hold the key to getting through this wild ride.”

In her warning, published at the organization’s website, she cited the factors that are at issue now: the racist critical race theory that teaches all whites are racist in schools, “extremist” sex education that includes pornography, “social and emotional learning” instruction to tell children how they should feel, COVID-19 masks and vaccine mandates and more.

“All of these directives hijack the role of parents as the emotional and moral guides of their children,” she said. “Parents ought to be asking: What next? If those trends are left unchecked, I think the answer could be the state licensing of parents.”

While it may sound extreme, she pointed out that “let’s not forget that critical race theory and transgenderism were once laughed off as fringy academic notions before they burst into newsrooms, then into classrooms and public libraries.”

She pointed to instructor Hugh LaFollette who outlined “Licensing Parents” in a 1980 article, which suggested biological parent should be vetted under the same requirements as adoptive parents, with psychological testing and more.

Key was his claim that parents should not be considered to have “natural dominion” over their children.

https://www.wnd.com

Human Rights Commissioner Says Killing Babies in Abortions is a “Human Right”

Micaiah Bilger – November 10, 2021

A European human rights commissioner demanded Wednesday that Poland legalize the killing of unborn babies in abortions, claiming this destruction of innocent human beings is a “human right” and abortion bans amount to “torture.”

Politico reports Dunja Mijatović, the commissioner for human rights for the Council of Europe, criticized Poland’s protections for unborn babies in a report to the European Court of Human Rights.

Her report came out ahead of an expected vote Thursday in European Parliament on a resolution to condemn Poland for its pro-life laws, according to the report.

Poland is one of the few countries in Europe that protects unborn babies from abortions. In 2020, its high court struck down an exception allowing abortions on unborn babies with disabilities. The country now allows abortions only in cases of rape, incest or threats to the mother’s life.

In her report this week, Mijatović argued that the 2020 ruling had a “harmful impact on women’s human rights” in Poland, and countries have a “human rights” obligation to legalize abortion on demand.

She insisted that Poland urgently overturn its pro-life laws and make abortion legal and easily accessible.

Abortions destroy the most basic human right of all, the right to life for babies in the womb. Yet, international leaders and abortion activists are trying to spin the issue by claiming the killing of unborn babies is a human right and laws that protect them are “cruel” and “torture.”

Mijatović did this in her report, quoting the United Nations Committee on the Elimination of Discrimination against Women, which claims that “criminalization of abortion, denial or delay of safe abortion and/or post-abortion care, forced continuation of pregnancy … are forms of gender-based violence that, depending on the circumstances, may amount to torture or cruel, inhuman or degrading treatment.”

However, these international human rights leaders completely ignore the inhumane cruelty and torture that unborn babies suffer when they are killed in abortions. Some unborn babies are dismembered alive while their hearts are still beating, others are stabbed in the heart with poison.

https://www.lifenews.com