President Joe Biden, British PM Boris Johnson, Canadian PM Justin Trudeau, French Premier Emmanuel Macron, and others yucked it up at a G-7 round table in Germany on Sunday.
“Jackets on? Jackets off?” Johnson said. “Can we take our clothes off?”
“Let’s wait for the picture,” Justin Trudeau said.
Biden sat back in his chair and guffawaed at the crosstalk.
“We all have to show that we’re tougher than Putin,” Johnson commented.
“We’re going to get the bare-chested horseback riding display,” Trudeau snarked.
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“Oh, yes!” EU President Ursula Van der Leyen cried. “Horseback riding is the best!”
“We’ve got to show them our pecs,” Johnson joked.
Apparently, part of the G-7s ‘get tough’ on Putin routine entailed announcing a new ban on Russian gold imports. The announced ban comes after Russia’s partial pegging of the ruble to gold reserves insulated it from global pressure on the currency. The Russian ruble even strengthened against the weakening dollar, as the United States fiscal and economic policies have led to surging inflation and plummeting U.S Treasury bond yields.
Rick Santelli explained that Europe’s and the U.S.’s embargo of Russian gas led in part to the ‘unmooring’ of global markets and the rumblings of a worldwide recession. Biden’s reckless fiscal policies have further pushed the world towards a slowdown.
“The market is unmoored for a a very good reason, because the policy was unmoored, and the Fed was the enabler,” Santelli said. “You can’t spend too much money, you can’t print too much money, unless, of course, the Fed condones some of the big spending policies of the administration.”
Meanwhile, amid all of the economic turmoil, global elites were being given red carpet treatment, as photographers and reporters strapped masks to their faces and wore blue plastic booties to keep their possibly contaminated feet off the rug.
The blue booties were nearly ubiquitous among the ‘second-class’ press corps, but the global elites strode comfortably around the room.
Earlier as bugs flitted about his face, Biden earlier announced another $200 billion in new spending on global “infrastructure” projects.
“For all of our people, not just the G-7, all of our people today, we officially launched the partnership for Global Infrastructure and Investment,” he said. “We collectively have dozens of projects already underway around the globe, and I’m proud to announce the United States will mobilize $200 billion in public and private capital over the next five years for that partnership.”
Biden also announced plans to build a massive vaccine plant in Senegal that can manufacture ‘hundreds of millions’ of vaccine doses for Covid-19 and other diseases.
The Biden administration just cannot stop spending money. It will mean economic ruin for hundreds of millions of people, but global elites simply don’t seem to care.