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POLITICAL Climate Change Agenda Creating Poverty Worldwide: Sri Lankan President Gotabaya Rajapaksa has fled on a military jet, amid mass protests over the island’s economic crisis – July 13, 2022,

Posted on July 13, 2022 by RichInWriters

POLITICAL Climate Change Agenda Creating Poverty Worldwide: Sri Lankan President Gotabaya Rajapaksa has fled on a military jet, amid mass protests over the island’s economic crisis – July 13, 2022,

 

People tend to forget what caused the Arab Spring, it was a FOOD SHORTAGE, what caused the food shortage? Some argue it was the shift in U.S policy under Barack Obama. One of the reasons Barack Obama LOST in the mid-terms causing the U.S economy to be at a standstill during his presidency was his REGULATORY policy. Now, to Barack Obama’s progressive agenda wasn’t as aggressive as Joe Biden’s but as an example near the end of his term Barack Obama banned oil drilling?

Obama bans oil drilling ‘permanently’ in millions of acres of ocean | bbc.com

Once Donald Trump came into office he refused it and whether you love him or hate him, Donald Trump’s economy was doing better than Obama’s and now Joe Biden’s economy, there were no NEW wars un Donald Trump, why? Because Donald Trump was an economy first person, meaning ENERGY prices were something Donald Trump paid close attention to.

 

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Barack Obama regulated everything he could find, Barack Obama at the time was making all sorts of EXECUTIVE orders, and why this led to the Arab spring is a lot of third world countries are heavily dependent on the economic activity of the U.S consumer, similar to Joe Biden, Barack Obama’s regulations on the U.S economy, led to SHORTAGES of things.

Retrospective Review of Regulations | Obama white house archives
President Obama has put in place a 21st-century regulatory system – one that protects public health and welfare while promoting economic growth, innovation, competitiveness, and job creation. A key part of this system is the Administration’s Retrospective Review or “lookback” efforts.

Joe Biden is a legitimate idiot, it could be his corruption, stemming from his brother and son Hunter Biden’s dealings in both Ukraine and China that are fueling Joe Biden’s stupid economic policies? But I don’t know, and I have no idea of knowing, but what I do know is that Joe Biden’s ECONOMIC policies namely his war on fossil fuels, is fueling GLOBAL poverty.

Now, I’m not going to let Sri Lankan President Gotabaya Rajapaksa off the hook in all of this, the Sri Lankan GOVERNMENTS gambled and they lost, they lost big and now have to pay for it, but one of the reasons they gambled big was NOBODY except for people like me, saw this energy crisis coming. A lot of people did not pay attention to Donald Trump’s REGULATORY policies, I DID. To this very day, most people put the blame SQUARELY on the central bankers I DON’T!

China becomes wild card in Sri Lanka’s debt crisis | abcnews

U.S Government ECONOMIC regulations are a SERIOUS problem in the Global economy because commodities are settled in U.S DOLLARS, as everyone knows FREE TRADE works, sure some checks and balances on trade are necessary, but BANNING the trade or creation of certain goods and services, will lead to shortages, and once there are shortages, the producers want to get as much money as they can for their product and obviously, that equates to developed nations being the only nations with ACCESS to DWINDLING fossil fuel-related commodities.

Joe Biden and many other western nations have basically SHUT DOWN their DOMESTIC fossil fuel production, making what was abundant under the Trump administration now rare commodities under the Biden administration. Some people imagine that the Federal Reserve is printing money, but the Federal Reserve IS NOT printing money and PROFIT-driven private banks who learned from the last financial crisis, DO NOT want to be blamed for the coming financial crisis aren’t lending to people who can’t pay back the loans.

This leaves the GOVERNMENTS to solve the problem and the only way for governments to solve the SHORTAGES problems they created is to DEBASE the money supply, but remember, debasing money won’t end the SHORTAGES problems, it will merely cause more debts, and defer the problem to another time. This is the STUPIDITY of the Biden administration and because the Sri Lankan economy was ALREADY overleveraged, their problems are now far worse as prices for commodities have risen.

What’s the cure you ask? You’re not going to like this answer, but the cure is AUSTERITY MEASURES! If you think the world is NOT ready for austerity measures I 100% agree with you.

Sri Lanka: President Gotabaya Rajapaksa flees the country on military jet | bbc.com


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