The outcome we are currently feeling is an intentional economic contraction and global recession.
As a result of Western governments taking drastic collective action under the auspices of a ‘climate change’ agenda, we are on the cusp of witnessing something happening, with ramifications that no one has ever seen before.
Life Site News –
Western governments, specifically western Europe, North America (U.S-Canada) and Australia/New Zealand, are intentionally trying to lower economic activity to meet the intentional drop in energy production. This is the core consequence of the Build Back Better (BBB) agenda as promoted by the World Economic Forum.
There is no precedent for nations to collectively and intentionally attempt to reduce their economic activity in this way.
Hiding behind the false justification that current inflation is driven by too much demand, central banks in Europe, the Bank of England, Bank of Canada and U.S. federal reserve are raising interest rates. The outcome we are currently feeling is an intentional economic contraction and global recession.
The Build Back Better monetary policy is successfully shrinking western economic activity; however, the impacted nations that produce goods for markets in North America and Europe, specifically southeast Asia, Japan and China, are not raising interest rates in an effort to try and offset the drop in demand.
China has announced they are dropping their central bank rates in a desperate effort to lower costs and keep their export dependent economy working.
Underneath all of this, is a drop in energy production in the same nations trying to lower economic activity. The political policymakers are attempting to manage this process without informing the citizens of the unspoken goal. Shortages of oil, coal and natural gas are self-inflicted problems, all part of the BBB agenda