The SUM Report 10-30 | QPOL Issue #16
"Stuff U Missed" - A Brief Summary of the Week's Top Events in Macro/Geopolitics
UK Coup
Putin Says Adieu
Fed makes ECB Puke
Sunak “Wins”
Rishi Sunak has been “Inaugurated” by a globalist coup within the UK parliament. He was not “elected.” In Britain, prime ministers are first elected by the people, and then appointed by the parliament. In Sunak’s case, he was appointed by a coup within the Davos-backed conservative Parliament.
Just as Obama told running Democrats in 2020 to step down for a Biden victory, the same was done for Sunak. He was placed by the powers that be of the European Union to hold down the Davosian line. He’s there to keep the globalist status-quo and undo as much of Brexit as possible to make sure the Brits don’t get any wise ideas of National sovereignty.
Sunak is Davos through and through, and it should be no surprise if he’s replaced with someone more qualified. He’s merely a placeholder appointed by British and European oligarchs who were explicitly against Brexit and the pro-UK economic package under Liz Truss that would have been beneficial to British sovereignty. Sunak’s economic policy advocated for the exact opposite: i.e. a retail CBDC. After all, it is Davos’s goal to crash the Euro (after they destroy the dollar that is) and forfeit all of Europe’s economic activity and surveillance to the IMF via a CBDC. As Davos’s caretaker of the UK, he’ll remain also be painted as hawkish in the Davos-backed British tabloids towards Russia in an attempt to drag the US into a world war to fight on the EU’s behalf. This is the ultimate nail in the coffin the destroy America financially.
With all this said, Sunak will tow the line for heightened Western tension towards Russia. Earlier this week we heard rumors pop up again about a “dirty bomb” that Ukraine may or may not be working on. This came from Russian intelligence which caused the Russian Defense minister, Sergei Shoigu, to phone up both the defense minster of the UK, Ben Wallace, and the US Secretary of Defense, Lloyd Austin. These weren’t calls of curiosity questioning the matter of a bomb, they were serious calls for deescalation.
Putin’s No BS SPeech
Like it or not, Russia does not want nuclear warfare. Davos is desperately trying to force Russia to make the first move towards nuclear war. With Zelenski making past public statements regarding Ukrainian capabilities of such tactics, this is merely another attempt to poke the Russian bear. If anything after this week is clear, Russia will not stand for it.
Putin’s speech at Valdai revealed his anti-imperialist sentiments against the global communists out of Davos. Ultimately, Putin used this speech to create and divide the lines between the BRICS nations and the West, creating a multi-polar world based on true International Law of national sovereignty for each country and divorced from the West’s (Davos) “rules based order.” Davos are the ones trying to overthrow governments and exploit countries of their resources. The Global South has had enough and as Putin is leading the revolution against the West’s uni-polar system of nation building.
The following video is exactly what Russia is moving itself away from. This footage from Nov 2013 depicts a Ukraine Deputy showing proof of USA staging civil war in Ukraine. This was well-before the Soros-backed coup occured the following year.
ECB Continues To Get Choked Out
The Fed continues to hike rates and won’t stop “until the job is done.” As I’ve sated multiple times, the job is destroying the offshore dollar market and draining liquidity from the LIBOR markets and eurobanks.
The Fed’s tightening has lead to the ECB to follow suit. On Thursday, the ECB rose their main “benchmark from 0.75% to 1.5%, a level not seen since 2009 before the sovereign debt crisis.” The Fed’s policy is working. This was well-demonstrated once again by former Fed insider Danielle D. Martino Booth in an interview earlier this week as she reported on both the housing and auto markets. Demand destruction is being fulfilled by the Fed:
housing has been in a recession for most of 2022 as seen in multiple indicators
Massive reversal
More rapid decline than heading into housing bust of ‘08/‘09
More rapid decline in perspective buyers traffic
Single family homes 900k under construction
Peoples portfolios going to shit but their house went up in value, causing them to put their house on the market and scoop up some cash and reap the benefits of all the equity they put into their house
People are walking away from their car loan just as they walked away from their mortgages during the GFC
Things tend to be working in the Fed’s favor, despite the yields in treasuries. This is just a part of the process as capital shifts hands and investors put their money in the safest place possible. Money moves where it’s treated best, and as the Fed bankrupts Europe and restores its credibility, capital flight will race to the DOW and treasuries (as well as safe-haven assets like gold and Bitcoin). There’s no reason to think the Fed won’t raise rates another 75 bips this coming week before the midterms. The Fed is getting political and does not care. They are working to get these global communist vandals out of America and will continue the process until the job is done.
~ Phil Gibson