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Something is Terribly Wrong in Quebec aka COVID Hell

Written on . Posted in PT World Order.

My family immigrated to Canada over 40 years ago to escape the Lebanese civil war. This vast and cold country turned out to be a wonderful place of welcome and opportunity which allowed everyone to flourish and prosper. I was born and raised in Canada and I’ve always been proud and appreciative of this fact. In fact, every time I hear the national anthem, I get slight chills when I hear this one specific line:

God keep our land glorious and free! 

But then COVID hit. And it did not take long before Canada lost some of its glory. And most of its freedom. This is especially true in one specific province: Quebec.

While most of the world had to deal with harsh COVID restrictions, Quebec consistently lead the world in the extreme severity of its measures. Despite an abundantly funded universal healthcare system that is “the envy of the world”, Quebec spent 13 out of the last 22 months in a strict lockdown where most businesses were closed and most social interactions banned.

In 2022, although 90% of the population is vaccinated, things are only getting worse and dangerous precedents are being set. Here’s a look at life in Quebec right now.

COVID Hell

“For then there will be great tribulation, such as has not been since the beginning of the world until this time, no, nor ever shall be.”Matthew24;21

1 5724874 e1643037535731 Something is Terribly Wrong in Quebec aka COVID Hell

When COVID hit Quebec in 2020, it responded (like most of the world) with a massive and total lockdown. Schools and businesses were closed for two weeks to “flatten the curve”. These weeks turned into months. During that time, a slew of measures was imposed on the public by a government that suspended democracy and began ruling by decree. This is is still true today.

Rule by decree is a style of governance allowing quick, unchallenged promulgation of law by a single person or group, and is used primarily by dictators, absolute monarchs and military leaders.

In January 2021, the entire population of Quebec was subjected to a curfew that lasted FIVE months. During that time, people who were caught outside of their homes after 8 PM were stopped by police and given fines. As days got longer, people had to live with the absurdity of hiding inside their homes while the sun was still up.

Meanwhile, vaccines were made available. People were told that these shots would lead to freedom and normality. People were also told that a 70% vaccination rate would be enough to build solid herd immunity in the province. Quebecers, who were sick and tired of the insane measures, rolled up their sleeves. The province quickly neared a 90% vaccination rate – one of the highest in the world.

So did Quebec reap the rewards of its compliance? No. Delta arrived. And, despite the fact that 9 out of 10 people were vaccinated, the government imposed a vaccine passport in most “non-essential public places” such as bars, restaurants, gyms, and much more. The introduction of the passport was preceded by a massive media campaign where nearly all “news” outlets and journalists backed the measure. Those who were opposed to it were silenced and censored.

Read More @ Vigilant Citizen HERE

“Some Unpleasant Math” – The Fed Has Two Options: A Recession, Or Years Of Very High Inflation

Written on . Posted in PT Global Economy.

At last week’s FOMC press conference, Chair Powell was unequivocal about his discomfort with persistently high inflation. Had the January FOMC been a forecast meeting, he told us, he would have revised up his inflation forecast for 2022 by “a few tenths.” The Fed is set on tightening policy this year. Bringing down inflation through monetary policy means slower growth, but how much inflation and growth will decline is the question.

A dirty little secret about the economics profession is how imprecisely we understand the inflation-generating process. The Fed and most mainstream economists have in mind a version of an “expectations-augmented Phillips curve” to describe cyclical inflation. Inflation is driven by inflation expectations and whether the economy has slack and inflation falls or is overextended and inflation rises.

And I heard a voice in the midst of the four living creatures saying, “A [a]quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.” Rev. 6:5

That cyclical component ignores other short-term factors, like swings in oil prices or the current supply chain frictions, that can temporarily push inflation up or down. Framing inflation this way has some thorny implications for the next few years, particularly if most of current inflation is cyclical, not temporary.

Core PCE inflation just hit roughly 5%, or about 3 percentage points above the Fed’s target. If the extra inflation is cyclical, policy will have to slow the economy to create enough slack to bring it down. If it is mostly Covid driven and temporary, inflation will come down on its own. Our house view is that the majority of the extra inflation is Covid driven, not cyclical, but what if we are wrong?

Suppose two-thirds of the extra inflation (2 percentage points) is cyclical and only one-third is temporary. The Fed’s baseline estimate of the Phillips curve has a slope of about 0.1, that is, a 1-percentage-point increase in the unemployment rate lowers core PCE inflation by only one-tenth of a percentage point. Simple arithmetic says that a 20-percentage-point increase in unemployment is needed to bring inflation down by 2 percentage points. But even if the relationship is 5 times larger, as may have been the case decades ago, the Fed would need to orchestrate a 4-percentage-point increase in the unemployment rate to wring out those 2 percentage points of inflation. Any time unemployment has risen by 50bp, we have had a recession.

Of course, the Fed does not want to intentionally cause a recession, so something would have to give.

Read More @ Zero Hedge HERE

Abu Dhabi Under Attack as President Isaac Herzog Visits UAE

Written on . Posted in PT Middle East.

Assessment: The missile fire was reportedly aimed at Abu Dhabi International Airport. Air traffic was immediately suspended, temporarily …

The United Arab Emirates capital of Abu Dhabi was under attack late Sunday night, with air defense systems engaging at least one ballistic missile in the skies above the city, the UAE Ministry of Defense (MOD) announced in a tweet.

Israel’s President Isaac Herzog and his wife Michal are currently in the UAE for an official two-day visit, the first-ever such visit by an Israeli president. Both are safe. President Herzog said he will continue his visit to the UAE, as planned, regardless of the Houthi missile attack, his spokesperson said in a statement shortly after.

“Then he shall confirm a covenant with many for one week; But in the middle of the week he shall bring an end to sacrifice and offering.” Daniel 9:27

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“The attack did not result in any losses, as the remnants of the ballistic missile fell outside the populated areas,” the ministry said. UAE air forces, together with the Coalition to Restore Legitimacy in Yemen, subsequently destroyed the the missile launch site in Yemen’s Al-Jawf governorate, the statement said. The ministry affirmed its “full readiness to deal with any threats,” adding it will “take all necessary measures to protect the UAE from any attacks.”

The missile fire was reportedly aimed at Abu Dhabi International Airport. Air traffic was immediately suspended, temporarily.

Read More @ Arutz Sheva HERE

Biden Team Briefs Wall Street Banks On Looming Russia Sanctions, Including ‘Nuclear Option’

Written on . Posted in PT Global Economy.

Assessment: But while Washington has been talking sanctions and even cutting Russia off from SWIFT (the best option), Ukraine’s President Zelensky himself has been busy attempting to reign in the loose canon and “dangerous” rhetoric coming out of Washington officials…

“He takes away the understanding of the chiefs of the people of the earth,
And makes them wander in a pathless wilderness.” Job 12:24

Bloomberg reports that the Biden administration has briefed Wall Street on possible new far-reaching sanctions on Russia, and ongoing efforts to ensure that they wouldn’t disrupt the global financial system. On the table is sanctions against Russian banks, companies, and imports in the scenario that Ukraine is attacked.

This included National Security Council officials this week holding discussions with executives from major banks including Citigroup Inc., Bank of America Corp., JPMorgan Chase & Co. and Goldman Sachs Group Inc. – according to the Bloomberg report.

This similarly comes as the administration is said to be reaching out to energy firms in the Middle East, Asia, and Africa – in hopes of helping Western Europe tapping alternate supply sources should things escalate to the point of Russia drastically cutting off gas to Europe, which could be a likely retaliatory move by Russia.

But while Washington has been talking sanctions and even cutting Russia off from SWIFT, Ukraine’s President Zelensky himself has been busy attempting to reign in the loose canon and “dangerous” rhetoric coming out of Washington officials…

(SWIFT, Society for Worldwide Interbank Financial Telecommunication, is a vast messaging network used by banks and other financial institutions to send and receive information, such as money transfer instructions quickly, accurately, and securely. More than 11,000 SWIFT member institutions sent over thirty-five million transactions per day through the SWIFT network in 2020)

Read More @ Zero Hedge HERE

From Nazi Germany to the Palestinian Authority: Murder of Jews/Israelis is heroic

Written on . Posted in anti-Semitism, Bible prophecy, End of the age, God, Jesus Christ, Palestinian.

Today, the Palestinian Authority presents Palestinian terrorist murderers in prison, and dead terrorists - so-called Martyrs - including suicide bombers, as the ultimate heroes and role models for Palestinian society ...

1 Samuel, Amalek, Amalekites, Edom, Edomites, Idumea, Jacob and Esau, King David, Obadiah, PA

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Truckers Protest Canadian Vaccine Mandate With Record-Breaking 43 Mile Convoy

Written on . Posted in PT World Order.

Assessment: They’ve been cheered on by thousands of Canadians who have lined up along highways to stand in solidarity with the anti-mandate movement …

Truckers from across Canada are protesting vaccine mandates and other COVID-19 restrictions with a “Freedom Convoy” that began in British Columbia and is making its way to the nation’s capital with tens of thousands of supporters.

The convoy departed from Vancouver on Sunday and is headed toward Ottawa in protest of Prime Minister Justin Trudeau’s vaccine mandate for all truck drivers crossing the border from the United States into Canada. As of Wednesday, the convoy has grown to a world record-smashing length of 70 km (43 miles), according to Freedom Convoy spokesman Benjamin Dichter.

“And you will know the truth, and the truth will set you free.” John 8:32 

“It’s 70 km long,” Dichter told the Toronto Sun. “I have seen footage from an airplane. It’s impressive.”

The Guinness world record for longest truck convoy is 7.5 km, which was achieved by a convoy in Egypt in 2020. The Toronto Sun estimated that when the convoy reaches its destination for a planned protest in Ottawa Saturday, it could be as much as 10 times longer than the previous world record. The outlet reported there are as many as 50,000 trucks from western and eastern Canada participating, and even some joining from the United States.

Read More @ The Blaze HERE