NEVER FORGET. NEVER FORGIVE. AND HOLD THE LINE

Never forget. BE MAD. GET LOUD. You have every right. pic.twitter.com/cdZ3woUCix

— Samantha Marika (@samanthamarika1) July 27, 2022

Hindenburg flying over NYC an hour before the incident in New Jersey, 1937

Hindenburg flying over NYC an hour before the incident in New Jersey, 1937 pic.twitter.com/XKcTyBhqTl

— Historic Vids (@historyinmemes) July 28, 2022

A little history.   

Lawsuit to Stop Retaliation by Medical Specialty Boards Filed by AAPS Educational Foundation

More doctors standing up to the bullies:  https://t.co/nJmGmpTrp7

— Mary Talley Bowden MD (@MdBreathe) July 28, 2022

Vandals in the White House Have Destroyed American Wealth and Leverage

Thank you to Martin Armstrong @ Armstrong Economics.  

Sanctions strengthened Putin and caused “unfriendly nations” to form a closer alliance against the West. As the West suffers from an energy crisis with no solution in sight, Russia is benefitting from this in more ways than one. You may have heard of the China–Russia East-Route Natural Gas pipeline or the Yakutia–Khabarovsk–Vladivostok pipeline. Construction was approved in 2007, and in 2012, Putin ordered Gazprom to begin construction and renamed the project “Power of Siberia.” China and Russia signed a 30-year deal for $400 billion in 2014, and by December 2019, the pipeline was functional.  

The mainstream media focuses on the failure of the Nord Stream 2 Pipeline at the hands of German politicians but forgets that Russia has alternative options for exporting fuel. Deliveries through the Power of Siberia have only reached $3.81 billion since December 2019, but China and Russia have plans to ramp up distribution. China received 16.5 billion cubic meters of gas from the pipeline in 2021. The deal has become so lucrative that Beijing and Moscow created a second pipeline – the Power of Siberia 2. This could double exports from Russia to China with a pipeline that would pass through Mongolia as well.

In the first six months of 2022, Gazprom exported 7.5 billion cubic meters of gas to China, marking a 63.4% uptick in volume. Prior to the invasion of Ukraine in early February, China and Russia agreed to ramp up distribution by 10 billion cubic meters. Reuters believes this could increase sales by $37.5 billion in the next 25 years, but this could increase given the high demand and low availability.

The West, namely Europe, needed Russian energy; Russia did not need Europe. President Biden admitted long ago that sanctions do not work, but in this instance, they completely backfired and have left the West with no leverage over Russian energy. 

 

"Gone are the days of people flocking to the cities for opportunities. As long as there is an internet connection, the modern American can work from anywhere"

Thank you to Martin Armstrong's "Domestic Exodus from U.S. Cities" at Armstrong Economics.

The US Census Bureau reported that 8.4% of Americans moved in 2021, beneath the 9.3% who moved at the height of the pandemic panic in 2020. Numbers for 2022 may show an uptick in migration to the suburbs or rural areas. Our models indicate that overheating in the housing market will be less prevalent in less populated areas as we are not merely dealing with housing inflation but also mass domestic migration.

Housing may be cheaper in rural areas, but there are additional costs associated with living in the country. There is no public transportation, and people must travel longer distances for work, groceries, shopping, health care, and more. Energy prices are sky-high, and simple trips cost significantly more. Iowa State University professor Dave Peters, as reported by the AP, has been studying the impact inflation has had on rural America. Peters estimates that rural households pay $2,500 more per year for gas alone compared to those living in cities.

Still, prices for housing in the country vs. the city more than make up for increased energy costs. Remote work has made rural living a prospect for many Americans. The National Association of Realtors found that rural areas saw a 54.6% uptick in inbound moves in 2021, followed by micropolitan areas (i.e., small towns) at 53.8%.

In January, the Association of Equipment Manufacturers  (AEM) said that certain remote workers were enticed by rural life after pandemic burnout. They found that people were seeking to abandon the hustle and bustle of city living, citing lower living costs, safer environments, fewer people, no traffic, lower housing prices, different cultures, and politics.

Gone are the days of people flocking to the cities for opportunities. As long as there is an internet connection, the modern American can work from anywhere. As the average potential buyer is priced out from their hometown, the prospect of rural or small town life is increasingly enticing.