Monthly Archives: March 2016

Mar 2 2016

The Unfolding Pension Crisis


Armstrong Economics Blog

Re- Posted Mar 2, 2016 by Martin Armstrong

Pension-Crisis

Part of the collapse in confidence we are experiencing with government stems directly from the fact that politicians engage in far more criminal behavior than anyone in the corporate world. While bankers may manipulate markets to trade against clients, politicians just lie to keep their jobs. The fact that they are incapable of managing the country, no less the economy, is coming to a head. The pension crisis we face emerges from all the promises of socialism. The crisis sprung from the fact that they don’t fund much of their promises and just assume there are enough schmucks to tax.

What played out in Detroit was critical but they ignored the problem. Pensions exceeded 50% of the budget and the city could not raise taxes because people just left town. Now in Kansas, workers are discovering that after 33 years they are facing a 51% cut to their pensions. The Central States Pension Fund that covers 400,000 participants (220,000 of them are retired) will go completely bust within 10 years.

934-ECM 2011 - 2020

This story will replay over and over again throughout the country on the other side of 2017.9 (Nov 24/25, 2017). We should begin to read more and more about this problem when we pass 2016.825 (October 28, 2016).

Mar 1 2016

The People have spoken they do not Trust Government and Trump is their spokesperson


Armstrong Economics Blog

Re-Posted Mar 1, 2016 by Martin Armstrong

1-Politics

On the Republican side, the establishment is ALL against Trump. They do not want him in regardless of the people’s vote. So while they pretend this is a Democracy, it is all about maintaining the status quo in Washington. The voters in all but Texas and Vermont in exit polls said they were mostly looking for an outsider candidate. Instead of asking why are voters so angry, they try to attack Trump personally rather than listening to the people. The voters want someone who is NOT a politician to actually change Washington. Put Rubio in or Hillary, and it will make no difference exactly as Obama and Bush. Washington remains in a state of delusional denial as is the case in Brussels where they too fear a BREXIT. The smart ones worry that will lead to a contagion where the majority of Europeans are turning also against the career politicians in Brussels.

CNN reported in exit polls that large numbers of Republicans across the board said they felt “betrayed” by their party, with almost 6 in 10 feeling that way in Georgia and Alabama, and roughly half of Virginia Republicans feeling that way. The establishment still do not get it. This is not about Trump – it is a vote against them. Cruz is taking Texas and Oklahoma where people vote religion rather than economics.

Bubble-Gum MachineThis is the Peak in Government we have been forecasting took place 2015.75. It was not the peak in stock markets, gold, or anything in the private sector. It was the peak in government and voters are turning away from government in a massive manner.

I have state many times, that these people are totally incompetent. They could not manage a bubble-gum machine no less run our economy. The mere fact they constantly have to raise taxes proves they are not qualified to manage anything within budget. They could never work in the private sector for they would surely end up in prison.

Mar 1 2016

Make America Great Again – The Movement !


Good material here! It’s too bad the all medial is in bed with the Globalists or Trump would be even further ahead.

Mar 1 2016

Islamic nanny beheads a four-year old child in Moscow this is a religious War!


Armstrong Economics Blog

Re-Posted Mar 1, 2016 by Martin Armstrong

Nanny Beheads Child

In Russia, an Islamic nanny beheads a four-year old child she is hired to take care of and parades down the streets in Moscow displaying the child’s head. Gyulchehra Bobokulova was from Uzbekistan and has been arrested. She beheaded a little girl, Anastasia Meshcheryakova, who she was supposed to care for. She is reported to have been shouting “I hate democracy. I am a terrorist. I want you dead. … You have become so hardened, you have eliminated so many of us. Look I am a suicide bomber, I will die, doomsday will come in a second.” This has erupted into a real wave of anti-Islamic feeling in Russia as this story now resonates throughout Europe given the migrant crisis leaving many questioning just what the hell has Merkel done.

Mar 1 2016

The coming Collapse of the EU


Armstrong Economics Blog

Re-Posted Mar 1, 2016 by Martin Armstrong

EU Flag 300

Our long-term projection models targeted March 13/14th, 2016 for when the confidence in the EU would begin to crack much more profoundly among the average community. Indeed, the general view about the EU’s future has begun to to just plummet as reported in every member state (28 in total) with the exception of just three: member states, most strikingly in the Netherlands and Germany, where people are now overwhelmingly negative about the outlook for the union. Where the EU remains with the smallest amount of pessimists is actually Ireland coming in at 20% with Greece leading the pack at 63%. The pessimism has increased by 20% in the past year alone. It appears the computer has again successfully targeted the correct period but this feat is accomplished by looking at the business cycle. It is very clear that once the cycle turns down, confidence collapses.

UK - Euro Flags

BREXITIn Britain, 44% of the population are now against staying in the EU. Clearly, the number one issue has been the wholesale migration ushered in by Merkel or Islamic hordes. David Cameron announced the referendum would take place June 23rd. He initially agreed to such a vote because he never thought in a million years the British would vote to get out. Now the polls have narrowed and despite the media supporting Cameron and the EU, they seem unlikely to with their brainwashing campaign to stay in Europe. Despite the fact that Cameron has been trying to use scare-tactics against his pwn people to stay in the EU, he has also said that his authority rests on holding the vote on British membership, and that does not mean winning it. Cameron has no plans on stepping down if the people vote to for BREXIT. The likelihood of the British votes being rigged is EXTREMELY HIGH, because Brussels fear a contagion and since 25 out of 28 member states have seen extremely high pessimistic view of Brussels, you are looking at a massive loss of government jobs so it is unlikely Brussels will simply go quietly into the light.

EU-Poll

Mar 1 2016

TTIP will fail more taxes do not stimulate growth!


Armstrong Economics Blog

Re-Posted Mar 1, 2016 by Martin Armstrong

1-ECM 2032

QUESTION: 

Dear Mr. Armstrong,

Your article on the trend set in motion with reference to Trump was fantastic. The world and how it ticks is truly fascinating, your work in investigating how it does so is worthy of any prize and will surely go down in history as the greatest investigation into humanity of all time. Always building on the work done by previous great minds and expanding on it.

Globalisation is a feature you predicted with the ECM you developed. Recently I came across the TTIP program – Transatlantic Trade and Investment Partnership. I was wondering if this is a feature of the trend towards globalisation which you saw possible? Is it possible that we could see a massive trade and investment peak before the crash and burn? Or is it crash and burn first with a spike in gold and then start a fresh? The “crash and burn” event you spoke of. Is this crash and burn of government ?
(the drop after 2030 looks pretty serious on the ECM) It seems that the degree of corruption “behind the curtain” is a webbed network around the globe…..people I think are waking up to the level of totalitarianism enforced upon them by powerful government circles, unknown names, unknown faces……the pot seems ready boil over
A

WorldEconomy

ANSWER: The Transatlantic Trade and Investment Partnership (TTIP) will be a failure. There is nothing governments can do to stimulate the world economy. To encourage trade, you do not support the reporting among nations that will begin in 2017. You do not impose a global tax on companies, as proposed by the IMF. You do not keep increasing enforcement on taxes while claiming that you are expanding the world economy. So do not expect some surge in global trade.

There is nothing we can do to alter the business cycle. The West will crash and burn, and the global economy will rise from the ashes in Asia — not Europe or the U.S. Gold and tangible assets will make the transition from one monetary system to the next. It has nothing to do with the quantity of money. It has to do with a collapse in confidence in the state. That is what we are witnessing with Trump right now. The pundits are fools. They think they can attack Trump to hold on to their elite status and power. Sorry, that is just not the way this works. They will never reform because they will not admit that they have ever done anything wrong.