In this video I continue to look at the continuing implications of the Russia's Invasion of Ukraine on TURKEY. Rising OIL and GAS Prices as a result of the War are putting immense stress onto the Turkish Economy. Latest figures show that after accounting for the CURRENCY SWAPS Turkey has a NET DEFICIT of $24 BILLION. Based on the current rate of spending on Energy the Foreign Currency Reserves will not last much longer. TURKEY is under extreme pressure due to HIGH INFLATION and the Fall in Value of the LIRA. Turkey is dependent upon Foreign Energy and Buys 45% of NATURAL GAS, 17% of OIL and 40% of GASOLINE from RUSSIA. Turkey is also dependent upon the IMPORT of GRAIN and RAW MATERIALS for its Industry. The immediate impact of the WAR has been to increase the price of OIL, GAS, FOOD and RAW MATERIALS. With INFLATION already at 54% these price increases will add further strain and may cause the Economy to COLLAPSE.
In this video I provide the latest news relating to the Russian Invasion of Ukraine. NATURAL GAS STORAGE is at DANGEROUSLY LOW Levels at a time when Russia is Threatening to switch off the supply unless ALL PAYMENTS from UNFRIENDLY Countries are made in RUSSIAN RUBLES. This would Increase the Value of the RUBLE, BREACH the Terms of the SUPPLY CONTRACTS & the International SANCTIONS and is a Direct Challenge to the dominance of the PETRODOLLAR. Will the West Break its own SANCTIONS and will Russia CUT THE SUPPLY of Gas if the Payments are not made?
RUSSIA – Europe Heading for Natural GAS CRISIS. Stock Levels DANGEROUSLY LOW & Supply may be CUT OFF (21 m)
In 2013 China announced the BELT & ROAD INITIATIVE which was designed to provide new Land & Sea Connections from China to the Rest of the World. This Initiative was designed to help EMERGING & DEVELOPING COUNTRIES to improve ROAD, RAIL, AIR & SEA Infrastructure and to Build POWER PLANTS. Over $1 TRILLION is due to be invested over the next 10 years however there are claims that the HIGH LEVELS OF DEBT as designed to create a DEBT TRAP to ensure that CHINA is the MAIN BENEFACTOR of the investment. In this video I discuss a recent issue in Sri Lanka and the RISKS of this Initiative.
CHINA – Is Belt & Road Initiative a $1 TRILLION DEBT TRAP? $1 BILLION Takeover of Sri Lanka Port
To me it looks like the West has sabotaged itself. Putin now has a gold backed Ruble. I am no Putin Fan Boy but it is increasingly looking like he has turned against the globalists.
RUSSIA – SABOTAGE of Global Economy. 10 Reasons Why WAR Will Cause a GLOBAL RECESSION (38 min)
In this video I discuss the impact of the Russian invasion of Ukraine on the GLOBAL ECONOMY. The impact of the Sanctions introduced against Russia has been Dramatic Rises in the PRICE of OIL, NATURAL GAS, FOOD & MINERALS. INFLATION is currently at Record Highs in numerous countries around the world and in order to bring prices down Central Banks have started introducing INTEREST RATE RISES. The GLOBAL ECONOMY has not recovered from the PANDEMIC and is carrying RECORD DEBT LEVELS. Higher Interest Rates will increase the COST OF DEBT and put more pressure on Consumer and Companies and could result in a GLOBAL RECESSION.
Comment: Joe, you said it would be insane for Putin to switch off Natural Gas because he is earning 800 million Euros per day. However, what is the point of receiving Euros/Dollars when the banking system will not trade with Russia in these currencies. By forcing purchasing of Rubles, this gives him a currency he can use PLUS buying Rubles will support the Ruble as an international currency. That is not as insane as taking the stance of the G7 in refusing and having their gas cut off as they have no backup or alternative, at least in the short term on 5 or so years.
Saudi Arabia To HIKE CRUDE PRICE! New Cost Of Living “CRISIS.” Stock Market Higher Again. Mannarino (13 min)
You can skip the special message which is about expanding his channel. The report is 12 min.
RUSSIA – EGYPT DEVALUES Currency & Asks IMF for BAILOUT as Wheat & Energy Price Rises Hurt Economy (20 min)
Egypt consumes THREE TIMES more BREAD per head than the world average. Bread is so important to the population that the Government subsidizes bread prices. Over 60% of Egypt's wheat is IMPORTED and in 2021 80% was bought directly from RUSSIA & UKRAINE. The recent rise in Wheat & Energy Prices have put massive pressure on Egypt. The EGYPTIAN POUND was recently DEVALUED and Egypt has now asked the IMF for an EMERGENCY BAILOUT LOAN.
Have you figured out yet who the enemy really is? It is you and they are getting ready to collapse the system.
RUSSIA – INTEREST RATE RISES & $300 TRILLION RECORD GLOBAL DEBT Mean High Risk of GLOBAL RECESSION (20 min)
In this video I discuss the impact of the Russian invasion of Ukraine on INTEREST RATES. The impact of the Sanctions introduced against Russia has been Dramatic Rises in the PRICE of OIL, NATURAL GAS, FOOD & MINERALS. INFLATION is currently at Record Highs in numerous countries around the world and in order to bring prices down Central Banks have started introducing INTEREST RATE RISES. The GLOBAL ECONOMY has not recovered from the PANDEMIC and is carrying RECORD DEBT LEVELS. Higher Interest Rates will increase the COST OF DEBT and put more pressure on Consumer and Companies and could result in a GLOBAL RECESSION.
TURKEY is under extreme pressure due to HIGH INFLATION and the Fall in Value of the LIRA. Turkey is dependent upon Foreign Energy and Buys 45% of NATURAL GAS, 17% of OIL and 40% of GASOLINE from RUSSIA. Turkey is also dependent upon the IMPORT of GRAIN and RAW MATERIALS for its Industry. The immediate impact of the WAR has been to increase the price of OIL, GAS, FOOD and RAW MATERIALS. With INFLATION already at 54% these price increases will add further strain and may cause the Economy to COLLAPSE.
Energy and oil prices effects everything. Our economy runs on fossil fuels and without them we starve and freeze. The hunger games are coming and hyperinflation. This is deliberate.
RUSSIA – OIL PRICES to Rise to $200 Per Barrel as USA & Europe BAN RUSSIAN OIL (19 min)
Russia provides 7% of the World’s Total Supply of Oil and produce 7 MILLION BARRELS PER DAY. If the Ban goes ahead it will lead to a shortage in supply as it is not possible for the other Oil Producers to be able to increase the amount of production in a short space of time. This will lead to INCREASES in the OIL PRICE and these increases will have a DAMAGING IMPACT on the GLOBAL ECONOMY. News of the Ban caused the price of oil to rise to the HIGHEST LEVEL SINCE 2008. Will this Ban result in a GLOBAL RECESSION IN 2022?
In this video I look at the potential implications of the SANCTIONS against Russia. Russia is currently facing a raft of SANCTIONS from the West which have cut access to Capital Markets and will make Exports difficult. In view of these issues Russian Business is looking to strengthen its trading relationship with CHINA. These moves could lead to the creation of a SUPREPOWER ALLIANCE between the two nations. The Sanctions have also caused COMMODITY Prices to increase Dramatically over the past two weeks and this has increased the likelihood of a RECESSION in 2022.
RUSSIA – Commodity Prices Rise to DANGEROUS HIGHS as CHINA & RUSSIA Relationship Grows Closer (26 min)
The pending food crisis is manufactured as is the financial collapse. Of course they will blame it on supply chain disruption caused by Covid and by war. The financial collapse will be blamed on Russia. The hyperinflation is Russia’s fault. Do not let them fool you. This was all planned but it may well backfire. We know that huge natural changes are incoming and we should be preparing. Instead they are tightening the screws in an attempt to force a new system on us. The hunger games are coming.
FOOD CRISIS: EU expects shortages, S. Korea feed producers to declare Force Majeur (14 min)
The food crisis is here. The EU's agricultural ministers held an emergency meeting, and are set to activate a "Food Crisis Contingency Mechanism" in anticipation of the shortages resulting from the blocked 40% of global wheat exports that are no longer flowing from Ukraine/Russia. S. Korea's animal feed producers are preparing to declare force majeur, unable to produce feed without the 300,000 metric tons they'd expected from Ukraine now stuck in the Black Sea. Nations are banning exports to cling to what food stocks they DO have. Things are escalating quickly in the food crisis. Stay tuned to the Ice Age Farmer channel and START GROWING FOOD NOW. FULL SHOW NOTES: https://www.iceagefarmer.com/2022/03/...
RUSSIA – PORT CLOSURES FOR RUSSIANS Will Cause Energy Prices to Soar & Trigger GLOBAL RECESSION
The Western World is currently in the process of CUTTING ALL TIES with Russia. The UK & CANADA have CLOSED THEIR PORTS to Russian Ships and it is likely that the REST OF EUROPE will follow shortly. These closures will mean that Russia will be unable to sell OIL or LIQUIFIED NATURAL GAS. This will hurt the Russian economy but will also result in HIGHER ENERGY PRICES as Europe will be forced to buy more Oil and Gas from other countries. We currently have HIGH INFLATION and HIGH LEVELS OF DEBT all around the Western World and these price increases are likely to Trigger a GLOBAL FINANCIAL CRISIS and RECESSION. For specific details please check out the CHAPTER list below.
FReAKShOW: More LIES More Deceptions! AND YOU ARE BEING PLAYED LIKE A GRAND PIANO. Mannarino (25 min)
Greg refers to Loretta Mester the President and CEO at Federal Reserve Bank of Cleveland as the Ghoul. They are all Ghouls. Klepto Capture seem to be the new in-word being used by Biden. He should be more worried about poo-poo capture.