Justin Trudeau and their G7 leaders make their appeals to Donald Trump to continue supporting the World Health Organization and The Chinese Communist Party – April 17, 2020,
It’s getting harder and harder for Western Liberal Governments to defend the actions of the Chinese Communist Party. I’m by no means a fan of my great countries Prime Minister, but you can clearly see his disinterest in fighting for the World Health Organization.
Justin Trudeau knows and I’m sure he’s been briefed on the importance of defending China and the World Health Organization because the last thing Trudeau wants like many other Liberal leaders all over the world want to do is tell their people about bringing manufacturing jobs to the homeland an also god-forbid bringing up austerity measures.
I’m not a Liberal, but former Prime Minister as corrupt as he was Paul Martin was a smart man, I give credit where it’s due. Those devious Liberals in the 1990s were smart, not only could they sell it too you, but they were wise enough to open up sections of Canada’s market while at the same time appeasing the labour unions. The name “François-Philippe Champagne” who is the current Minister of Foreign Affairs in Canada sums up the Justin Trudeau’s Champagne Liberal party.
If I was dumb enough to believe in the nonsense Justin Trudeau and his followers spew, I’d be in heaven imagining what the power of the Government could do for the economy. But unfortunately, the Champagne Liberals are sticking to the script and unfortunately, we’re entering into an era of novelty.
Justin Trudeau and the Champagne Liberals
It’s actually to Canada’s detriment if the economy has a quick rebound because in case you haven’t been outside recently, the Canadian economy is being hollowed out and the worst part is the Champagne Liberals not only overspent, printed and borrowed money(yes there’s a difference) but the Champagne Liberals also artificially raised the cost of energy.
A few weeks back I stated clearly that Saudi Arabia and Russia are having themselves a dog and pony show, tinkering with Oil Prices primarily in response to Donald Trump’s fight to bring back American energy, Trump wants lower oil prices, wham bam you got it, so now American energy companies are losing money, and to add to the problem The Chinese Communist Party unleashes the COVID-19 while at the same time being clever enough to buy up the World Health Organization years prior.
You see, I like Trump, but America has a Democratic process, I personally can’t stand the modern Democrat party, however, their desire to push back against everything Trump does allows, for the Leftist and Communist machines, to present setbacks for Trump which otherwise wouldn’t exist.
Now, I’d like people to understand how coordinated this all was, first Oil prices are lowered, why? Because COVID-19 or any virus historically has proven to cause deflation to any economy, now, if oil prices were high or even table during this period, what would have happened is the U.S economy probably wouldn’t have crashed. I get that some people want a Gold standard, but the Petro-dollar standard is far better if you ask me.
Sorry Gold bugs, Gold will have its day, but the demand is for a PetroDollar backed by the U.S Military
Anyway… lower oil prices equate to deflation and at the same time it kills America’s energy sector, now how this relates to Canada is that lower oil prices have equated to stabilized consumer prices. Understand I talked about this before that Justin Trudeau’s carbon tax hasn’t been felt by Canadian consumers because we got a bailout!
The problem is and everybody knows this, the lower oil prices, well, even I as an investor has no clue when things might reverse. The freer the market in your country the easier it is to rebound from an economic downturn. You’d have to be an idiot not to know that the Great Recession was caused bu FDR’s government intervention into the economy.
One of the reasons Alexandria Ocasio-Cortez is such a comical figure for Conservatives is because we all know that FDR and his New deal 1 and 2 caused the great deflation. The reason most Conservatives knew the Union of Soviet Socialist Republics would fail is that the USSR thought the government could replace the market. That’s laughable to any person who knows better.
I don’t know anyone personally who likes to go to a Government office, been people on Welfare don’t want to go to the government office. Imagine if a government-owned every single store you went too? Do know how ridiculous that sounds, well most of the modern-day Liberals and Leftists are closely aligned ideologically to the Chinese Communist Party, the only difference being that they’re “Champagne Commis” they don’t want to do any of that dirty ard work with all of those yuck manufacturing jobs.
No, in Canada as well as many other Western Nations infected with the Global Warming Environmentalist Virus, we want to have our cake and eat it too. Let the Chinese do all that about and we’ll buy their stuff with our high valued currencies.
We in Canada don’t have to be productive we have a Printing Press, based on my calculations Canada and few other countries should be watchful of the slow down in China and the slowdown in the United States. Because if your country is reliant on selling to either of these countries, well, yeah, umm, I don’t know maybe modern Monetary theory can save us.
Russia, Saudi Arabia, China, and the Coronavirus
But Russia is now in a good position, with Commodities, namely Gold and energy, in a deflationary environment, countries whose economies have been functioning in a deflationary environment all of suddenly become mayor players, that’s how this thing works. China and the U.S are over-leveraged, China is way over-leveraged and because they have a centralized economy, I don’t think people comprehend how bad things can get for China very quickly.
I write a lot about Logistics, well Chinese logistics, it’s a sight to behold if the Chinese Communist Party can’t finance it. The World Health Organization, well they’re only as good as this COVID-19 thing lasts, they’re 100% discredited, the problem is currently there exists no better option, which is why you’ll even see Justin Trudeau give a half-hearted speech about why the U.S should continue to finance WHO.
It’s over, the lawsuits, the awakening, the frustration and the economic carnage that we can all ignore right now while on our quarantine vacation is going to be the new talking point in the future. Meanwhile, Saudi Arabia and Russia can discontinue their dog and pony show anytime they want.
If Saudi Arabia and Russia stop “arguing” you do know what’s going to happen right? Because if you don’t know, well, let’s just say if you live in Canada and you think inflation is bad now, you do not want to see what Inflation will look like in Canada if oil prices are returned to prior levels.
I don’t know how to make things more clear for people, all I can say is prepare yourselves accordingly.
Interesting times ahead!