U.S. Jobs Growth exceeded expectations in June by adding 222,000 jobs. Well beyond the anticipated 170,000 original forecast.   The government also revised up its estimate of job growth for April and May by a combined 47,000.

However, the economic dissonance is still evident within the fed analysis:

[The] cycle of limited wage gains and low prices has kept inflation in check, to the consternation of the Fed, which wants to see slightly higher inflation to justify its campaign to raise short-term rates. (link)

As we previously shared there’s a predictable inability of federal economists to understand what happens when executive administrative policy reverses course and establishes the benefit to Main Street, ie. the middle-class, over Wall Street. The feds cognitive dissonance is evidenced because modern economic theory cannot reconcile the space between two economies, Wall Street and Main Street.

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Secretary of State Rex Tillerson and Treasury Secretary Steven Mnuchin outline the past 48 hours of diplomatic discussions within the framework of the G20.

**Remember** as you read this transcript, e.v.e.r.y.t.h.i.n.g eventually boils down to economics and the seismic geopolitical shifts currently underway.  (See Bottom for Important Detail)

[Transcript] 7:18 P.M. CET – SECRETARY MNUCHIN: Hi, everybody. I just want to highlight very briefly, and then Secretary Tillerson will go on, and then afterwards we’ll both answer a few questions.

But President Trump has had a very, very significant few days. I think, as you know, we went to Poland on Wednesday. In Poland, he met with 12 different leaders. We had bilats with Croatia and with Poland, as well as 10 other leaders at the Three Seas Conference where we talked about energy — the importance of the energy markets, the importance of supplying independent energy, infrastructure and opportunities there. I think, as you know, the speech which was just incredibly well-received, is part of our “America First But America Not Alone.”

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First Lady Melania Trump and President Trump pose for a G20 group picture prior to attending a philharmonic concert in Hamburg Germany.  Host Angela Merkel has selected Beethoven’s 9th Symphony (ends with Ode to Joy) as she hopes to spread her vision with “a hymn to humanity, peace and international understanding.”

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*Note* There is a coordinated effort by global political leftists (control entities within multinationals and political constructs) to physically position Emmanuel Macron next to President Trump at every opportunity.  This is a structurally coordinated effort to enlarge the presence of Macron as an oppositional entity to the looming and dominant presence (figurative and literal) of U.S. President Donald Trump.

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U.S. Treasury Secretary Steven Mnuchin and U.S. Secretary of State Rex Tillerson hold an off camera press conference to debrief media on the sideline discussions within the G20 meetings.   T-Rex outlines the content of the Trump/Putin meeting at length.

President Trump and Russian President Vladimir Putin met for 2 hours and 15 minutes extending their conversation by four times the length anticipated.  Both leaders covered a lot of geopolitical ground. The length of the meeting has U.S. media in meltdown mode.

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*Note* Until today virtually no-one was emphasizing the important role of Secretary Mnuchin amid all of the international issues. Again, we remind everyone, against international finance issues -including economics- Mnuchin plays the largest national security role in the cabinet. Tillerson, Mnuchin, Ross, Mattis, Kelly et al are all in sync with the larger President Trump approach toward ‘America-First’ policy and security.

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French President Emmanuel Macron left his position during the G20 group picture in an effort to place himself next to US President Donald Trump and make himself more important on the international stage.

German Chancellor Angela Merkel watches as Emmanuel Macron abandons his position in the rear right and weasels his way down to the front row so that he can be pictured next to U.S. President Donald Trump.  Leaving a hole in the picture where he should have been standing.   Too funny…. weasel boy.

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U.S. President Donald Trump meets with Russian President Vladimir Putin as apoplectic international media cling on every syllable.

*Noted* Our President wears American Flag lapel pin. All G20 leaders wear G20 commemorative pin.

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More Winning – A federal judge in Hawaii has rejected a motion filed by that state seeking to limit the scope of President Donald Trump’s so-called travel ban, parts of which were cleared to be implemented by the U.S. Supreme Court.

“Because Plaintiffs seek clarification of the June 26, 2017 injunction modifications authored by the Supreme Court, clarification should be sought there, not here.”

U.S. District Judge Derrick Watson said in a ruling Thursday in Honolulu that the Supreme Court is the proper venue to deal with the issue. (read more)

A “SME” (pronounced ‘smee‘) is a Subject Matter Expert.   President Trump’s entire cabinet is an assembly of specific SME’s for a specific economic purpose.

The entire landscape of modern geopolitics is an assembly of various nations specifically focused on their economic interests.  Fundamentally, the economics of a nation is the cornerstone for their ability to hold, advance, influence and present their ideology.

Without the underlying economic capability to provide sustainability and stability, the nation, any nation, cannot maintain itself regardless of the underlying political outlook.  In short, as the old verse presents: “money makes the world go ’round“.  Everything boiled down to it’s essential core – is about economics.

The shock to the system of modern multinational financial interests was created by an earthquake known as Trump; which created a seismic shift via the 2016 U.S. presidential election outcome.

The tectonic political and economic shift was so unsettling to the global elites -who created a decades-long system of global financial interests- they have been thrashing around desperate to regain footing ever since.

All modern political alliances are based on this economic reality, and every single action taken by every member within each grouping is based on their affiliated and interconnected self-interest in the underlying economic equation.

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Earlier today President Trump spoke at the Three Seas Initiative Summit in Warsaw Poland. Energy use via gas pipelines from Russia is a strong factor in the Baltic states political relationship.

President Trump presented the opportunity to create economic and political breathing room by affirming the U.S. willingness to export LNG (liquified natural gas) to the region.

“Let me be clear about one crucial point. The United States will never use energy to coerce your nations, and we cannot allow others to do so,” President Trump said at a press conference flanked by European leaders. “You don’t want to have a monopoly or a monopolistic situation.”  (NBC article link)

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[Transcript 1:16 P.M. CEST] – MRS. MELANIA TRUMP: Hello, Poland! Thank you very much. My husband and I have enjoyed visiting your beautiful country. I want to thank President and Mrs. Duda for the warm welcome and their generous hospitality. I had the opportunity to visit the Copernicus Science Centre today, and found it not only informative but thoughtful, its mission, which is to inspire people to observe, experiment, ask questions, and seek answers.

I can think of no better purpose for such a wonderful science center. Thank you to all who were involved in giving us the tour, especially the children who made it such a wonderful experience.

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