Topic: Force Majeure

Mike Adams explains that Qatar Energy has declared force majeure for several countries, including Italy and Belgium, due to the closure of the Strait of Hormuz. He notes that Iran is allowing passage only to vessels paying in Chinese yuan, signaling the collapse of the petrodollar. Adams emphasizes that the loss of Qatari gas will halt the production of nitrogenous fertilizers, leading to catastrophic food shortages worldwide.

A research report indicates that the loss of sulfur exports from the Middle East will lead to a global shortage of sulfuric acid, the world's most important industrial chemical. This shortage will impact phosphate fertilizer production, battery manufacturing, and mining operations for copper and aluminum. Mike Adams warns that these second-order effects will lead to reduced crop yields and industrial shutdowns across the Western world.

Shortages of generic pharmaceuticals are expected as India's manufacturing facilities lose access to Persian Gulf energy. A growing list of major companies, including Qatar Energy, Saudi Aramco, and Shell, have declared force majeure, defaulting on their delivery contracts. Mike Adams notes that even chemical companies in Japan and South Korea are running at half capacity due to the lack of raw materials like naphtha.

Estulin claims that the only way to write off unpayable global debt is through "force majeure," such as a major war. He contrasts the Clinton/Biden approach of bailing out banks with Trump's potential approach of allowing bankruptcies to save the real economy.

Asymmetrical financial warfare is allegedly being used to trigger a domestic civil war by cutting off consumer liquidity. "Downdetector" is cited as evidence that major banks and brokerage firms are experiencing frequent outages. The 12 largest banks are reportedly notifying service providers that they will no longer fulfill certain credit card obligations starting December 14th.

The US Treasury faces a legal deadline on December 23rd to pay interest on foreign debt, with a potential "force majeure" declaration looming. "Operation Sandman" involves 146 nations allegedly preparing to repudiate the US dollar. Vladimir Putin is noted for placing a floor under gold at $1,600 an ounce, while the US faces Zimbabwe-style hyperinflation.

Daniel Estulin applies an 80-year historical cycle theory to the United States, suggesting that the current period (2020-2024) is a "bifurcation point" similar to 1776, 1860, and 1940. He warns that the global elite may prefer a thermonuclear war or a staged "act of God" as a force majeure to write off $4 quadrillion in debt. The construction of massive bunkers by billionaires like Bill Gates and Peter Thiel is cited as evidence that the elite are preparing for a systemic collapse.

David Dubyne reports that rail companies are invoking "force majeure" to cancel grain delivery contracts in favor of higher-paying consumer goods for big-box stores. This disruption threatens to starve U.S. cattle and dairy herds within days. The hosts warn that this will lead to a total disruption of the dairy industry, including critical components for infant formula.