Q-4 2020 & January 2021 – US & World Update

To quote the recently passed Sean Connery in his most famous role, the world has been “shaken not stirred.” The final results of those shakings have yet to be seen.  Biden has been inaugurated President and President Trump has become a private citizen.  In one of the most hypocritical and divisive moves in the nation’s recent history, the Democratic House and Senate are still attempting to impeach Donald Trump and condemn his supporters, while calling for unity. Forty-five republicans in the senate including Mitch McConnell, however, just voted it was unconstitutional to impeach a president after they left office, so it is unlikely Democrats would receive the 17 Republican votes they would need to complete the impeachment process.

Biden by executive orders is doing their best to reverse and erase all traces and accomplishments of the Trump Administration.  If allowed to continue at the current pace, the Biden Administration should succeed in crippling small businesses (which employ 80% of the American people), significantly increasing reliance on the government, ballooning national debt to fund increased unemployment and welfare, as well as paying the world’s climate control costs of other nations caused by their own detrimental policies.  They will also destroy America’s energy independence and cause inflated fuel and utility prices for individual citizens, additional national debt, and reliance on nations that continue to be a threat to the US.  They will weaken our borders, take the pressure off China, get some wars going, censor all opposition through big tech, big government, fake news, social media, and intimidation; redefine the family what it means to be a man or women, abort more children, eliminate US sovereignty, constitutional freedoms and essentially destroy America as we know it by the end of the year. 

Rather than belabor what this administration has already done and what they have in the bullpen (which you can review for yourselves in Biden’s executive orders and the globalists’ “Great Reset” plan), let’s look at what happened in the 2020 Q-4 and the first month of 2021. With Biden’s orders not yet in effect, the US economy and Stock markets are currently in great shape.  The NYSE & S&P finished in record territory, recovering everything from the Covid drop and rising to their highest finishes ever recorded.  The IMF has given the US economy high marks for its position and performance and projected it do well if it stays the course.  New York, however, may never be the same after so many businesses and citizens left in droves, due to oppressive Covid restrictions and the toll of the violent riots that were so poorly handled.  

Trump Creates Office of the Former President 45 Senators Vote Against Impeachment (1.28.21) Facts Matter – https://www.youtube.com/watch?v=Zaq0p40DFjY

Biden Opens Door to Men Who Identify as Women to Enter Women’s Sports, Bathrooms, Locker Rooms (1.26.21) https://www.theepochtimes.com/biden-opens-door-to-men-who-identify-as-women-entering-women-sports-bathrooms-locker-rooms_3670987.html?utm_source=morningbrief&utm_medium=email&utm_campaign=mb-2021-01-27

Oil Industry Reels as Biden Targets Fossil Fuels in First Days (1.23.21) Bloomberg

https://www.bloomberg.com/news/articles/2021-01-23/oil-industry-reels-as-biden-targets-fossil-fuels-in-first-days

Experts Warn of Devastating Economic Impact of Rejoining Paris Climate Accord (1.21.21) https://www.theepochtimes.com/rejoining-paris-climate-deal-will-have-devastating-economic-consequences-experts-say_3665887.html?utm_source=morningbrief&utm_medium=email&utm_campaign=mb-2021-01-22

Biden Admin Cancel China Sanctions Say Unproductive (1.22.21) https://www.theepochtimes.com/china-in-focus-jan-21-biden-admin-chinas-sanctions-unproductive_3666701.html?utm_source=morningbrief&utm_medium=email&utm_campaign=mb-2021-01-23

U.S. Labor Market Recovery Fading; Housing, Factories Underpin Economy (1.21.21) https://www.reuters.com/article/us-usa-economy/u-s-labor-market-recovery-fading-housing-factories-underpin-economy-idUSKBN29Q1RT

U.S. Economy Recovered Significant Ground in Record Third-Quarter GDP Rebound (10.29.20) WSJ  https://www.wsj.com/articles/us-gdp-third-quarter-2020-11603908566?mod=hp_major_pos3#cxrecs_s

Post-COVID, There’s No Place Like New York (1.11.21) https://www.theamericanconservative.com/articles/post-covid-theres-no-place-like-new-york/

The Economy’s Post-Lockdown Comeback  (10.28.20) WSJ

https://www.wsj.com/articles/the-economys-post-lockdown-comeback-11604012495?mod=opinion_lead_pos2

World Economies

Now that the US elections are over, Covid-19 has purportedly miraculously gotten better and the most heavily covid regulated states of New York and California, have lifted restrictions.  Restrictions are not being lifted in many other areas of the world like the UK, EU, and China.  In spite of increased restrictions and lockdowns internationally, the IMF is forecasting improved economic performance in the world, attributing this to decreasing Covid cases, additional vaccine approvals, and increased vaccination distribution.  

The “experts” have not fared well in 2020.  The CDC was sued, the WHO was forced to change their metrics due to inaccuracies, and many governors were overruled by their State Supreme Courts for overstepping their authority.  The WSJ wrote an article on how Americans are Covid weary and more and more people and businesses are ignoring restrictions.  Apart from the IMF, most of the world is not optimistic about their prospects in 2021.  The World Economic Forum wants to redefine Capitalism and change the way the world does business and, without Donald Trump in the way, they might just accomplish that goal to the detriment of most businesses, especially small businesses, which employ most of the world.

IMF Raises Global Growth Forecasts, Expects Low Levels of Covid-19 by End of 2022 (1.26.21) Yahoo News – https://finance.yahoo.com/news/imf-raises-global-growth-forecasts-expects-low-levels-of-covid-19-by-end-of-2022-130004706.html

UK CCP Virus Death Toll Exceeds 100,000 (1.26.21) https://www.theepochtimes.com/uk-ccp-virus-death-toll-exceeds-100000_3672374.html?utm_source=morningbrief&utm_medium=email&utm_campaign=mb-2021-01-27

Post-COVID, There’s No Place Like New York (1.11.21) https://www.theamericanconservative.com/articles/post-covid-theres-no-place-like-new-york/

The Pandemic, Science, and the Presidential Election (11.2.20) Epoch Times https://www.theepochtimes.com/the-pandemic-science-and-the-presidential-election_3561025.html?utm_source=morningbrief&utm_medium=email&utm_campaign=mb-2020-11-03

CDC Sued Over Unconstitutional Nationwide Eviction Ban (10.26.20) Epoch Times https://www.theepochtimes.com/cdc-sued-over-unconstitutional-nationwide-eviction-ban_3553564.html?utm_source=morningbrief&utm_medium=email&utm_campaign=mb-2020-10-27

European Countries Impose New Covid-19 Restrictions (10.24.20) WSJ

https://www.wsj.com/articles/european-countries-announce-new-covid-19-restrictions-record-infections-11603638712

Pandemic Fatigue Is Real—And It’s Spreading (10.26.20) WSJ 

https://www.wsj.com/articles/pandemic-fatigue-is-realand-its-spreading-11603704601?mod=hp_lead_pos5

Currency & Cryptocurrency

Cryptocurrency is continuing to gain more mainstream acceptance as many nations, including the US, have already developed their own digital currencies.  The oppressive government of China made the decision to switch to digital currency by Jan 1, 2021, and the EU is moving in that direction as well.  EU Bank Chairman Lagarde said, “As Europeans are increasingly turning to digital in the ways they spend, save and invest, we should be prepared to issue a digital euro if needed.”  The World Economic Forum created a team of experts to examine cryptocurrency; however, no one on the team is an expert, or even seems to understand what cryptocurrency is.  Simon Black wrote, “The World Economic Forum … are terrified of it because cryptocurrency represents a rejection of the system that they control.  Crypto is a natural alternative for anyone who’s fed up with the people who pull the strings.  And now they want to tell us what currencies we can/cannot use, and how we should ‘reset’ capitalism.  Perhaps it’s the World Economic Forum that requires a Great Reset.”  The old system always attempts to put off the new one as long as it can.

The Dumbest Argument I’ve Ever Heard Against Cryptocurrency (1.26.21) SMC https://www.sovereignman.com/trends/the-dumbest-argument-ive-ever-heard-against-cryptocurrency-30611/

2021 May Be the Year That the World Loses Confidence in the Dollar (1.11.21) SMC https://www.sovereignman.com/trends/2021-may-be-the-year-that-the-world-loses-confidence-in-the-dollar-30384/

Christine Lagarde Invites Public Comments on Eurozone CBDC (11.1.20) https://cointelegraph.com/news/christine-lagarde-invites-public-comments-on-eurozone-cbdc

A Road Map of Persecution Why China’s Cashless Experiment Signals a Global End to Privacy (10.30.20) https://www1.cbn.com/cbnnews/world/2020/october/a-road-map-of-persecution-why-chinas-cashless-experiment-signals-a-global-end-to-privacy

Fed Says It Is Developing an Experimental Digital Currency (8.13.20) Market Watch  https://www.marketwatch.com/story/fed-says-it-is-developing-an-experimental-digital-currency-11597352302

DEBT

One thing that has increased for almost every nation in the world is their debt level, as most of them printed massive amounts of many to keep their economies afloat in light of crippling covid restrictions, shutdowns, and quarantines.  At some point, this massive debt will need to be dealt with, as it takes its toll with high inflation, high unemployment, low consumer spending, a drop in GDP, and the destruction of national economies.

Trump Signs $2.3 Trillion Relief and Spending Bill, Says More Money to Come (12.28.20) https://www.theepochtimes.com/trump-signs-2-3-trillion-spending-bill-says-more-money-to-come_3634156.html?utm_source=morningbrief&utm_medium=email&utm_campaign=mb-2020-12-28

IRS & Treasury Begin Sending Stimulus Checks to Millions of Americans (12.30.20) https://www.theepochtimes.com/irs-and-treasury-begin-sending-stimulus-checks-to-millions-of-americans_3637460.html?utm_source=news&utm_medium=email&utm_campaign=breaking-2020-12-30-1

I Can’t Believe It I Agree With AOC (12.22.20 SMC https://www.sovereignman.com/trends/i-cant-believe-it-i-agree-with-aoc-29854/?utm_medium=email&utm_source=sm_notes&utm_campaign=notes&utm_content=20201222_covid_bill

2020 Election Investigative Documentary Who’s Stealing America (12.14.20) https://www.theepochtimes.com/2020-election-investigation-who-is-stealing-america_3617562.html?utm_source=news&utm_medium=email&utm_campaign=breaking-2020-12-14-3

Political Unrest

Political unrest is rampant as citizens reject their nations’ covid regulations.  Communities and businesses band together to stand against their city, town or state officials attempting to close them down or make them disperse or stop their gatherings.  Officials are beginning to back down because they know the people have had enough.  China and India continue to attack one another along the Himalayan border, and China flew warplanes near Taiwan, already challenging the Biden Administration.  China is now considered the most oppressive, untrustworthy, and problematic nation in the world and very few nations have good trade or other relations with them.  Even one of Biden’s foreign relations advisors agrees with President Trump’s tough on China policy.

India is in the midst of massive demonstrations against new farming laws imposed on them by their government.  Netanyahu and his ruling coalition in Israel lost their majority in December and will now have to call for an election for the fourth time in two years.  A Brexit agreement was reached between the EU and the UK which favored the EU, but, with all that’s going on in the world, there was little fanfare.  The WSJ reported, “Italian Prime Minister Giuseppe Conte resigned Tuesday, ushering in a phase of political instability that could lead either a new government or to elections this spring.  The breakdown of Italy’s left-leaning government comes as the country, like most of the Western world, is struggling to control the spread of the Covid-19 pandemic, vaccinate its population and rekindle economic growth.  Mr. Conte stepped down after losing his majority in Italy’s Senate earlier this month, following a fight with a small coalition ally over how to spend massive funds offered by the European Union to help Italy’s economy recover from the impact of the pandemic.”

China Flies Warplanes Near Taiwan in Show of Force, Prompting U.S. Warning (1.26.21) WSJ https://www.wsj.com/articles/china-flies-warplanes-near-taiwan-in-show-of-force-prompting-u-s-warning-11611513299?mod=world_major_2_pos6

Indian Farmers Break Barricades, Clash With Police in Massive Protests (1.26.21) WSJ https://www.wsj.com/video/indian-farmers-break-barricades-clash-with-police-in-massive-protests/7F8F5799-6ED6-4751-830D-1B68054F96C2.html?mod=world_minor_pos4

India and China Troops Scuffle at Border (1.26.21) WSJ

https://www.wsj.com/articles/india-and-china-forces-scuffle-at-border-11611585859?mod=world_major_1_pos1

Italian Prime Minister Resigns, Triggering Search for New Government (1.26.21) WSJ

https://www.wsj.com/articles/italian-prime-minister-conte-resigns-triggering-search-for-new-government-to-tackle-covid-19-recession-11611661954

U.K., EU Finally Reach Brexit Deal (12.24.20) https://www.theblaze.com/news/u-k-eu-finally-reach-brexit-deal?utm_source=theblaze-dailyPM&utm_medium=email&utm_campaign=Daily-Newsletter__PM%202020-12-24&utm_term=ACTIVE%20LIST%20-%20TheBlaze%20Daily%20PM

Israeli Government Dissolves, Triggers Snap Election (12.22.20)

https://www.theepochtimes.com/israeli-government-dissolves-triggers-snap-election_3629562.html

U.K., EU Finally Reach Brexit Deal (12.24.20) https://www.theblaze.com/news/u-k-eu-finally-reach-brexit-deal?utm_source=theblaze-dailyPM&utm_medium=email&utm_campaign=Daily-Newsletter__PM%202020-12-24&utm_term=ACTIVE%20LIST%20-%20TheBlaze%20Daily%20PM

Trump Was Right’ With Tougher Approach to China: Biden’s Top Diplomat Nominee (1.20.21) https://www.theepochtimes.com/trump-was-right-in-taking-a-tougher-approach-to-china-bidens-top-diplomat-nominee_3662967.html?utm_source=news&utm_medium=email&utm_campaign=breaking-2021-01-19-5

Build Back Bitter (1.21.21) SMC https://www.sovereignman.com/trends/build-back-bitter-30503/

Everything’s Fine, There’s Absolutely Nothing to See Here (1.19.21)

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