Would guess many other things will be “turned off” in the near future?
Russia is turning off the gas in Poland and Bulgaria… Starting tonight… – CITIZEN FREE PRESS
(Bloomberg) — Russia will cut off the gas to Poland and Bulgaria on Wednesday in a major escalation in the standoff between Moscow and Europe over energy supplies and the war in Ukraine.
We need business to understand its social responsibility, that the main task and objective for a business is not to generate extra income and to become rich and transfer the money abroad, but to look and evaluate what a businessman has done for the country, for the people, on whose account he or she has become so rich.’ Vladimir Putin. (1952- ).
Bill Holter’s Commentary
Weapons of mass financial destruction in the crosshairs!
Fed Chair Powell Telegraphs the Perfect Storm for Wall Street’s Megabanks: Rapid Rate Hikes Hitting $234 Trillion in Derivatives
The Federal Reserve (the Fed) is the central bank of the United States. It sets monetary policy, including control of the benchmark short-term interest rate known as the Federal Funds rate, or in Wall Street jargon, the “Fed Funds” rate.
A snapshot picture of global interest rates …will look entirely different in a year’s time!
Mapped: Interest Rates By Country In 2022
The global economy is facing complex struggles, including inflation and the war in Ukraine. Against this backdrop, many countries are projected to rise interest rates over the course of 2022.
So now we are dealing with the aftermath of “just do the right thing”?
Cardiologist Says 30 Percent of Vaccinated Pilots Would Fail Health Screenings Due to Vaccine Injuries
Joshua Yoder, an airline pilot and co-founder of the U.S. Freedom Flyers said during an interview Wednesday that a cardiologist told him that if the airlines were conducting certain health screenings, 30 percent of the pilots currently flying would probably be disqualified due to vaccine-induced heart conditions.
Each time the Fed has tried to hike rates since 1982, something has broken. With the amount of debt outstanding now, will they break the entire game?
‘It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on, would save one-half the wars of the world.’ Thomas Jefferson. (1743-1826).
Bill Holter’s Commentary
This makes sense, doesn’t it?
Oil From Biden’s Emergency SPR Release Is Heading For Europe | ZeroHedge
Joe Biden’s decision to release 180 million barrels of oil from the US Strategic Petroleum Reserve – one million barrels per day for 180 days, ending just before the midterm elections which the Democrats will lose in an avalanche – was meant to help lower US gasoline prices “because Putin price hike.” Instead, it is heading for Europe.
‘It is hard to tell where Hollywood (the Fed?) ends and the DT’s begin.’ W.C. Fields. (1880-1946).
Bill Holter’s Commentary
Some silver charts to ponder. This first chart is only 6 months in time but does show silver neither overbought nor oversold on a daily basis. Please note the MACD at the bottom, it has now crossed over into a buy signal, the “hook” has formed!. We also see a daily “golden cross” of the 50 day moving average crossing over the 200 day moving average on March 21.
This 2nd chart is 2 years and and calculated weekly as opposed to daily, it shows the nearly 18 month consolidation after the run from $15 to $30.
This last chart is 5 years, and weekly rather than daily. The MACD’s here crossed over in Oct, chopped, and now firmly on a buy signal.
Bill Holter’s Commentary
Was it real money that they borrowed in the first place?
On The Heels Of Russia’s Dollar Bond Default, Sri Lanka Defaults On Its Dollar Debt-Who Is Next To Destabilize Just So Its People Can Eat?
Noted journalist (once upon a time journalists were actually recognized as ‘noted’-not just paid off propagandists) and author Alfred Henry Lewis said in 1906, “There are only nine meals between mankind and anarchy.”
Pam and Russ Martens have done the detective work for you, this is a must read! It looks like only Band-Aids and chewing gum are the only things holding the system together?