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Oct. 21, 2022 - X22 Report
16:43
Ep. 2905a - EU Imploding, [CB]/[DS] Direct Funding Was Just Cutoff, Watch The Market
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We'll be right back.
Hi, and welcome.
You're listening to the X22 Report.
My name is Dave in this episode, 2905A. And today's date is October 21st, 2022.
And the title of the episode is EU Imploding.
Central Bank Deep State Direct Funding was just cut off.
Watch the market.
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Let's get into the economic collapse financial news.
Now the deep state, the corrupt politicians, the World Economic Forum, the private West Central Bank, they're having a very difficult time.
They're trying to hold everything together and the more they do, the more they show the people, the worse it's getting.
And we can see this because they're pushing their agenda like we've never seen before.
They're hurting the economy and people know who's responsible for this.
There's no escaping this this time.
They don't have a war.
They don't have a pandemic.
They don't have a global economic shutdown.
They have nothing right now.
And the curtain has been pulled back and everyone understands this is their agenda.
The people are not fooled by this.
They know why inflation is moving up.
They know why fuel prices are moving up.
They know exactly what is going on.
And you can see around the world, there are protests that are happening right now.
People are protesting because they're feeling the effects of inflation, which means the value of their currency is decreasing every single day.
And now it's completely apparent.
And when you look at the energy problem, and if you remember, if we go back to 1971...
We came into their full fiat illusionary economy with an energy problem, and now we're leaving their illusionary economy with an energy problem.
But this time, the fake news can't control the narrative.
The corrupt politicians, the puppet masters can't control the narrative.
People can get their information from all different places today, and people are seeing the truth, especially out in Europe, because they're going to be having a very difficult winter.
There's going to be problems with electricity.
There's going to be problems with fuel heating their homes.
And the people know who's responsible for all this.
And what's very interesting, and QTime Network put this out on Telegram, Bort Jap Verbeek put this out and said, Breaking.
Dutch Minister Jetten just announced that the Netherlands has decided to withdraw from the Energy Charter Treaty.
Down below, QTime Network says, EU nations are jumping ship on the climate commitments as the energy crisis gets real and winter hits.
First France this morning and now the Netherlands are exiting the agreement.
It's amazing how fast these charades disintegrate upon contact with reality.
Just as the ECG narrative is crumbling when profits weren't there.
And yes, the entire climate push is completely falling apart because when the people see the truth of the matter, And remember, the World Economic Forum, the Privacy Bank, they're pushing their agenda very, very hard because they realize that they're way behind schedule.
They thought that this was their chance because they had the pandemic and they couldn't stop it.
So they just pushed on with it.
And the people now are seeing this very, very clearly.
Look at here in the United States.
Biden is continually telling everyone that the oil companies, they're gouging prices.
Stop gouging.
Lower those prices.
Oh, no, it's Putin.
No, it's pandemic.
No, it's because of this, that and the other thing.
That's why fuel prices are going up.
But all of it is a lie.
He shut down the lease agreements.
He placed more regulations where it makes it very difficult for the oil companies to do anything.
They shut down the Keystone XL pipeline.
They told us they're going to get rid of fossil fuels.
It's not like they're hiding it and the people are hearing them.
They're watching their actions.
They see what they're doing.
And of course, now he's trying to cover it all up.
And the entire myth that the oil companies are gouging prices, that they control all Well, it seems that it's being debunked by Scott Hayes, the Director of Government Relations for PBF Energy.
He said oil companies who we buy our products from, that's the feedstock that goes to the refinery from which we make all the great products we do, our gasoline, diesel, kerosene, and all the building blocks, chemicals for the everyday things that you have in your life.
Virtually everything you can touch is derived from fossil fuels.
Oil companies trade on a globally traded commodities market.
They have no control over the price.
So basically, they're on the commodities market and are they setting the price or are they receiving the price?
Well, the refiners, they trade in a globally regulated market that is a commodities market.
So we are price takers.
We are not price makers.
We have no more control over, let's use ExxonMobil.
They have no more control over the price of oil than does Apple or Google have over the price of their stock.
It's economics 101, and it's all about supply and demand.
So this whole entire story that Biden is continually pushing out there is completely falling apart.
And we know that they were trying to lower the fuel prices only for the midterms.
And he tried to do a little quid pro quo deal with Saudi Arabia, but they didn't go along with it because they wanted them to cut the oil prices maybe right before the midterm.
So it wouldn't have an effect until afterwards.
But they didn't go along with this.
And all of a sudden what happened?
Fuel prices, they started moving up.
So now Biden needs to use more of the strategic petroleum reserves, which is a national security That is a problem.
And people are seeing this very, very clearly.
Trump, he put this out on True Social.
He's pointing to FreedomWorks.
This is on Twitter and it says breaking.
Ahead of the midterm elections, a desperate Biden administration to release another 10 to 15 million oil barrels from the nation's emergency stockpile.
America is running on empty.
Remember, Trump, he filled it up with very cheap oil.
Now Biden is draining it, and he says he's going to replace it with more expensive oil.
When is that going to happen?
Really think about this.
Then we had Biden, and he said this many, many times before, that we're going to see bad inflation if the Republicans get into the House and the Senate.
Now he's saying that the Republicans will crash the economy if they win the election.
So basically, what do you think they have planned?
They know that the economy is imploding.
They know inflation is going to get a lot worse because that's part of their agenda.
Remember, the midterms is an illusion.
They're tamping everything down to make it seem like they're doing something.
But after the midterms, they don't care.
And remember, when the Republicans win the House and the Senate, it takes them until January to be inaugurated.
So they're not in position...
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So what happens if something happens before the midterms?
What happens if the market takes a dive?
What happens if all of a sudden the economy implodes on itself?
We should watch the market right now.
Because if the economy implodes on itself and crashes right now before the midterms, well, number one, that's a complete and utter disaster for the D's.
Who do you think is going to win the election?
Number two, they can't blame it on the Republicans.
So that is very interesting, and I do believe we should be watching the markets right now because look what the Fed is about to do.
They're ready to raise the rates by another.75 points.
So this is a 75 basis point raise once again.
I remember going back in time when they were saying, oh, we couldn't even do like five basis points or 10.
It would be crazy.
Now they're raising it 75 basis points.
Are they trying to destroy the economy?
It's starting to seem that way.
It seems like this is a controlled demolition, and this is part of the Puppet Master's plans.
So if we know it's a controlled demolition, I do believe we had General Flynn one time during an interview say, yes, this is a controlled demolition of the economy.
If it's a controlled demolition and Trump and the Patriots, they know that this is what they're doing.
They know the playbook because they tried to use it back in 2019 when they started to raise the rates.
Trump stopped them.
If you know the playbook, can you use it to your advantage?
Yes, you can.
Now, the other thing that's very interesting is that the Consumer Financial Protection Bureau...
They've come under fire, and it seems that they have been sued, and a three-judge panel of the Fifth U.S. Circuit Court of Appeals ruled that the design of the CFPB violated the Constitution because it receives funding through the Federal Reserve.
So the Federal Reserve is funding the Consumer Financial Protection Bureau.
Actually, the funding is supposed to be going through Congress with everything.
So the essential bank is funding the CFPB. Now, remember, this was set up during the 2008-2009 crisis.
That went into 2010, 11, and it went on for a very long time.
So the Democrats, they established the structure when they created the CFPB in 2010 for the Dodd-Frank law as a way to shield the Bureau from political pressure.
So they're receiving funds directly from a central bank system.
And remember, this was created during the Obama administration.
Do you really think they did this to remove them from political pressure?
Or was this a money laundering operation because they've been getting their funds from the Fed?
And who's accountable for any of this?
So Congress's decision to abdicate its appropriations power under the Constitution to cede its power of the purse to the Bureau violates the Constitution structural separation of powers, the judge wrote.
The appeals court ruling marked that the latest victory for the finance industry, which has fought for years in Congress and the courts to blunt the CFPB's reach and limit its ability to police financial services.
Republican lawmakers have also worked for years to stifle the CFPB and revamp its structure, arguing the agency lacks accountability.
And there is no accountability.
So right now, their funding to this bureau has been cut off.
Do you really think this was on the up and up?
Absolutely not.
This was probably a gigantic money laundering operation.
And I think we're going to find out a lot more about this.
That is very interesting.
And you need to remember, these individuals that were running this, that set it up, They're gonna be making a really big deal about this, that if this happens, well, this is gonna be a huge problem.
We're gonna have a financial crisis.
This is gonna be terrible for credit card companies.
It's gonna be a complete and utter disaster.
This is what they always do.
They say, if you get rid of this, it's gonna be awful.
Well, think about how many times they said this with Trump in the White House.
Oh, if you move the embassy to Israel, that's going to be terrible.
If you end the endless wars out in the Middle East, that's going to be terrible.
If you place tariffs on China, oh, that's going to be terrible.
We're going to see things skyrocket.
iPhones are going to be $3,000.
Did any of that actually happen?
Oh, if you use those tax cuts, you're going to see everyone paying a lot more taxes.
Well, did that happen?
Well, let's just think about this.
Since Trump introduced the tax cuts, Biden, he continually campaigned on the notion that he was going to get rid of the tax cuts.
Why didn't he do it yet?
Because he knows if he does, it's going to be very, very noticeable.
That's why.
And everything that they said never comes true.
Remember, they set up these systems to benefit themselves, and now it's being cut off.
And we're seeing that this is continually happening right now, and this is getting worse and worse for them.
I do believe all of this is happening right now to prepare us for where we're going to go.
Remember, as their system comes down, yes, it's going to be a terrible thing.
It's going to be a difficult time.
Because we're living in a private Western Central Bank illusionary economy.
Remember, this was always going to come down.
The deep state players were always going to bring this system down to bring us into a new system.
Trump, the patriots, are allowing them to do what they do best.
Go ahead, bring down your system.
What we're going to do is we're going to bring the people into a system that doesn't include you.
It doesn't include the private Western Central Bank.
And I do believe this is exactly what Trump and the Patriots are doing.
So yes, we're going to see a lot of horrible things happen as this economy implodes on itself, as the stock market comes down.
I mean, if you go back to 2019, the Fed was trying to raise the rates back then.
Trump stopped them.
In 2020, Soros and his team of thugs, they were trying to bring down the stock market.
They even said that the market's very hot right now.
it's going to crash.
Trump didn't allow that to happen.
The market never crashed.
Now, here we are with Biden in the driver's seat.
They know they're going to lose the midterms, and they're hoping that once they lose, they can blame everything on the Republicans.
I don't know if that's going to happen.
I think Trump and the Patriots, they have a completely different plan, and this most likely is going to affect the Ds, the deep state players, the private West Central Bank, maybe before the And I wouldn't be surprised if it happens a couple of days right before the midterms.
And then all of a sudden, everyone goes, holy crap, what just happened here?
The market came down.
The economy is a complete and utter mess.
The inflation is out of control.
Food prices are out of control.
And then all of a sudden, the Republicans win.
And the Republicans take the House and the Senate.
And then the Republicans in the House and the Senate, they go ahead and say, this is what we're going to do to fix it.
And all of a sudden, the economy starts to get better.
I mean, really think about this.
Think about how this could play out.
And I do believe Trump and the Patriots, they're in complete and utter control.
Now, I don't mean as soon as they win, everything's going to be fine.
Yes, there's going to be a crisis.
But I do believe they're going to start to put things in place and expose certain things during this crisis.
But we'll have to see how this all plays out.
But we can see both sides now.
They're going head to head.
And I do believe the Patriots, they have all the leverage.
They have all the power.
They're in control of what is coming.
And I do believe this was planned from the very, very beginning to take us out of the private Western Central Bank system, to expose the Central Bank system, to expose their fiat currency, how it devalues over time, and allow the people to make a choice of in which direction we end up, in which system we end up, which currency we end up with.
And I do believe this is about to happen.
Listen everyone, thanks a lot for listening.
Be well, be safe, and especially be prepared.
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