Super Mario – Trying to Prevent ITALEXIT (Italy Exiting EU)


Armstrong Economics Blog/European Union Re-Posted Feb 7, 2021 by Martin Armstrong

G30_Reviving_and_Restructuring_the_Corporate_Sector_Post-Covid

This is the translation of a French article source: a report from the G30 on the very guy who imposed Negative Interest Rates on the EU in 2014  which has destroyed the EU bond market and set in motion the debt crisis along with NEVER ENDING Quantitative Easing. I can confirm that he once sat in the corner of a FX trading room trying to understand how the FX markets functioned and then they made him the head of the European Central Bank? So they sent an Italian to betray his own country.

“Mario Draghi was appointed by the Italian president to form a new coalition government, and this appointment of Mario Draghi at this time in history has nothing to do with good luck.

Italy, an extreme danger for the eurozone!

First of all, officially, as you read these lines, Italy’s debt stands at 158% of Italy’s GDP.
For the record and within perspective, the Greek debt in 2010 was… only 146% !!
That of Cyprus of only 56%!

A few months later, these two countries were in virtual bankruptcy, saved from the waters with plans to ruin either the populations or the savers.
n 2012, the eurozone was on the verge of an explosion!

Super Mario!

It was with a phrase that has remained famous in the mid of the summer of 2012 that Mario Draghi “saved” the eurozone.
“The euro area is ready and determined to do whatever it takes to preserve the euro and believe me, that will be enough.”

Mario is back. Mission? Save Italy, Save the Euro.

And yes, Super Mario is back, a bit like Captain Flame to save not the universe, but Italy and the eurozone, because the Italian debt threatens the solvency of Italy and the sustainability of the Eurozone much more dangerously than Greece in 2011 and 2012. 10 years ago.
Mario Draghi isn’t here by chance.
He is the former governor of the ECB.
He’s also the author of the G30 report that I have been telling you so much about, and it was no accident that I was focusing on it either.
You are going to start to understand and see certain things happening.
Some policies fall into place.
They have been calibrated for certain countries in particular which present a systemic threat to the stability of the euro area.
You know these countries.
There are Spain, France, and Italy.
Spain and France can still hold out a bit.
Italy is the current weak link in the euro area.
It is therefore in Italy that the recommendations of this G30 report, written and signed by Mario Draghi in person, will be applied with the most zeal.
Italy will serve as a laboratory and guinea pig for the economic policy defined in this 120-page report.

What will happen in Italy?

The implementation of very unpopular political and economic decisions.
The idea is to do as much austerity as possible without triggering a social revolution.
Italy will take the same path as Greece.
In 12 to 24 months, it will be the same in France.
And believe me, it will be painful.
Will the eurozone survive all of this?
In fact, no one knows.
Neither Draghi nor the other European mamamouchis.
Macron, when he says he “will be forced to do certain things that will make his re-election impossible in 2022”, knows very well what he is going to have to do.
He’s gonna have to cut off the morphine injections. (all the social and economic help)
From then on, the people will cry out in pain at the horror of the economic crisis.
We will save the big ones and what represents systemic risks.
We will drop the little ones and those without ranks.
Social tensions will mount, until the explosion.
The question that will be asked, will quickly be that of the very survival of the common European monetary project.
The next black swan is already noticeable.
It will be the Eurozone Season 2 crisis.

Mike Lindell of My Pillow is Being Barred from Everything – Why?


Armstrong Economics Blog/Conspiracy Re-Posted Feb 7, 2021 by Martin Armstrong

Mike Lindell of My Pillow has been shut down by all Social Media including his company. This is why he has been shut down. What is clear, removing Trump was critical to the agenda 2030 and the Great Reset. From the perspective of corruption, we certainly cannot rule anything out. What I find offensive is the blackballing of Lindell because of his political views. This is certainly reminiscent of the days of McCarthyism. They never ban things that have no truth.

Trumpets Getting Louder, Can You Hear Them Now?


Posted originally on the conservative tree house on February 6, 2021 by Sundance

CTH Admin Stella reminded me of an article written in May of 2013 when CTH was urgently, desperately, trying to awaken more people to see the natural conclusion to the events unfolding.  Events we were directly challenging.

At the time George Zimmerman was under attack; then came Ferguson (Wilson -vs- Mike Brown); then Baltimore (Freddie Gray -vs- Baltimore Six); but the natural alignment… the purpose of the events… was a leftist probe into weaponized narrative engineering in order to advance completely false and fabricated stories.  The U.S. media were testing whether they could control the outlook of Americans.

The shift in attack direction from media at the time was alarming. No longer was the media trying to excuse the transparently guilty of accountability; starting in 2012 what the new-era attack angle started to do was falsely accuse the transparently innocent.

Read that again, because it was a profound difference; and inflection point.

Leftists in politics and media were probing their ability to engineer entirely false positions and assertions of facts. This was new because they were now aligning to target the innocent. In 2013 CTH was trying to warn; to tell the story of where this was going to end up.  The clarion call has a similar resonance today, albeit with an increased urgency.

A Paradigm Shift is needed – Urgently. It cannot be provided to you, you must develop it within your own mind – and you’d better do it quick; or you will lose.

(* Disclaimer – This post is a collaboration of thoughts from both Sharon and Sundance. Sharon has the keen insightful bits, and Sundance reflects the indignation – any curse words are Sundance’s – because Miss Sharon don’t cuss, ever.)

If you are a regular reader of this site you are generally a person who engages in intellectual discussion on daily events and more than likely a root cause thinker. Meaning you are able to grasp events at their cause and not at their consequence.

However, for some reason, even those who understand big picture dynamics are still comfortable sticking their heads in the sand about “motive”. Most people are still clinging to actual beliefs around a principle of ‘rule of law’ that applies to National Leadership.

You’d better change that thinking quickly – or you’ll be asking ‘what happened’ far too late.

There seems to be a willful blindness on the part of the American people, a chosen refusal to acknowledge the implications of the unAmerican and unConstititional behaviors, actions and outcomes we are being served on a daily basis.

It can no longer be presumed to be a matter of “I can’t see what’s happening” because a whole lot of normal Americans really are clean and articulate.

I can’t see it” just doesn’t cut it.

Bullsh!t! You can see it, you are just choosing to reconcile the irreconcilable because it is more comforting to ignore the truth of it. You are scared:

    • You are scared of being labeled
    • You are scared of being belittled
    • You are scared of being Alinsky’d.
    • You are scared of being targeted.
    • You are scared because you have never been here before.
    • You are scared of being right.

Just be honest. Avoidance has become your survival mechanism.

It’s more along the lines of “I see what’s happening, but it’s scary and complicated and confusing, and if I admit that I see it, I will become responsible in a way that I am not if I keep pretending I can’t see it or hear it or maybe I don’t understand it.”

Our Republic has become Kitty Genovese screaming in the darkness, being assaulted repeatedly and viciously, while onlookers sitting in the darkness startle onto their feet–some trying to reach for phones or light switches while others try to hush them, accusing them of exaggerated reactions.

The screams reach some homes where the residents look nervously and silently at one another, really hoping that someone else will call the cops, because obviously something really bad is happening out there.

Now, like then, you, like those people in New York, look around and say well someone is going to do something about this usurpation of power and unconstitutional action. So you pull the comfy blankies of historical public leadership reference over your head, cover your ears, block out the sights and the sounds, and do nothing.

You don’t even accept the fact a woman, Lady Liberty, our republic, is being repeatedly stabbed, carved up and her flesh torn from her body. She is bleeding on your grass and her bloody hand prints are on your trees and sidewalks. You know it, yet you lie there.

Doing what? Really? If not you,….. WHO? Who is “them”?

Remember the visual illusions on big cards, (Rorschach tests) just black and white splotches that required you to “stare just right”– and when you did, you could see the ink-drawn cow in a snow drift? That’s the one we grew up with–yours might have had palm trees in it or something else. But you stared hard, knowing that eventually you would see a clear picture —ah! There it is! For just a minute, but you saw it there–for just a minute.

How many are sitting in the midst of this implosion still believing that if they stare hard enough at the national mess they will still see a Constitutional government and a Representative Republic?

Well, stare as long as you want. The details of a Constitutional Representative Republic will no longer come into focus because it turns out that the Republic was apparently stitched together with dissolvable thread like the surgeons use.

Why don’t we dare say what is so? Are we a bit afraid that if we give up the willful blindness we will perhaps start screaming and not be able to stop? Do we think we have so little courage? Do we really believe that we have no resources to bring to the battle? Or nothing more to contribute to the turning of the battle?

There are patriots who some might say resemble one of those slightly mad orchestra conductors who keep yelling, “More trumpet! More TRUMPET!” Many of you are such slightly mad orchestra leaders. Don’t be alarmed by some of the strange looks you are getting these days.

What is the source of this passive willingness that accepts illegal activity behind phrases like “they wouldn’t do that….” when they obviously are doing it?

In 1974, Patty Hearst was kidnapped by the Symbionese Liberation Army. She lay in a California closet in her wet and smell for days that turned into weeks. Finally, it made sense in what was left of her 19 year old mind to pick up an M-1 carbine and carry it into a bank to assist the SLA with an armed robbery. Passive willingness, no matter how troubled underneath, is a choice: there’s something that’s being purchased by the passivity –and something that’s being traded away for it. Transactions are happening.

Why do normal Americans get swept into accepting these somewhat silent transactions that result in their cooperation with those who care nothing for our Constitutional Republic? (Be sure of this–they really don’t mind if we disagree, if we vent, if we vote, even if we organize…as long as they get to keep doing what they are doing. They really don’t mind us. At all. Isn’t that obvious by now?)

But back to the question–why do the silent transactions happen? Perhaps because the alternative to passive willingness is active refusal–and there it is: the price tag for active refusal may actually be quite high–and will often be perceived of as just being too high–and besides that, is an unknown. There’s a deep deception involved with survival instinct that prevents a true comparison from being made between what’s being gained and what’s being lost as judgments are made (often by default) in the midst of confusing and threatening events. Patty Hearst’s M-1 probably bought her a momentary sense of safety in her personal world gone crazy.

Those whose hold on power depends on deception are always able to find an audience of those willing to be deceived. Now the audience of those willing to be deceived is a flexible group in terms of numbers and identities. Even those who have been in that audience for some time may one day walk away from it. What is it that makes folks stay in that audience? What price are they afraid of paying? What deception are they unwilling to let go of?

While we we use the word passive to describe this “willingness to continue in deception,” this is not an experience shaded in peaceful lavenders, mint greens and dappled sunlight. This is the deadly passivity of muscles that no longer fire; tiny electrical charges that no longer leap from one synapse to the next.

This is as passivity says: “I won’t begin resisting, because I know that once begun, I must continue. Rather than assert myself and perhaps fail (or get really scared), I will sustain myself where I am trapped. I will muffle my moans so as not to risk exposure and I will call it self-control. Winston Churchill would have called it cowardice but I will call it pragmatic caution.”

It’s desperately necessary for our survival that we become disillusioned–and quickly.

…It’s desperately necessary for our survival that we become disillusioned–and quickly.

Think about that word: Dis-illusioned. Having illusions exposed and removing them from the decision-making process. It’s important, because illusions that are defended and protected and argued for, instead of being exposed, will always take us to default decisions that are inherently based on unreality.

Isaac Newton said that passivity in objects was predictable. Perhaps passivity in troubled humans is predictable as well. He said it this way with regard to objects:

An object that is at rest will stay at rest unless an unbalanced force acts upon it.

So–it appears that we need an unbalanced force to act upon these passively willing objects that are content to remain at rest. MORE TRUMPET, please.

In I Corinthians 14 the Apostle Paul asks a really sensible question in verse 8 “….if the trumpet makes an uncertain sound, who will prepare for battle?”

WE NEED TRUMPETS

We need lots of trumpets, with soaring sounds that pierce the sky. Trumpets that play “Reveille” to wake more people up. Trumpets that broadcast victories. Trumpets that play “Taps” (when needed) over losses. Trumpets that signal which way to run to the battle. Trumpets that provide cadence and courage.

WE NEED TRUMPETS

Another question posed by Sundance–what is this disconnect, this insanity of continuing to say “they wouldn’t, they couldn’t, they can’t” when they will, they can and they arein real time–today?

Freedom-loving Germans who chose active resistance against the Third Reich saw the need for it as early as the mid-1930’s. Germany’s patriots (both in and out of uniform) had been actively resisting the darkness for years before her soldiers saw the forests of Poland in 1939.

One of those patriots was Dietrich Bonhoeffer, identified as Pastor, Martyr, Prophet, Spy in the subtitle of a biography authored by Eric Metaxas. There were many roles filled by Bonhoeffer. Two of the key ones were being a nonconformist/government-resisting/stagnant-church-poking-in-the-ribs pastor on one hand and an active dissident and saboteur who worked with generals and citizens alike to resist the Nazi machine on the other.

As early as 1935, Bonhoeffer identified a dilemma that marked a cross-over of sorts for many of them. Here was the question it turned on: When did a form of passive resistance become exposed as not actually being resistance?

As a teaching pastor and theologian, he had other pastors looking to him for guidance with regard to how best to frame their “confession of the Gospel” in the presence of Nazism’s co-opting of the work of the churches (the willing churches were put “under the protection of the Third Reich” early on–isn’t that special….). He struggled with his own thoughts and the instinct that drove so many Germans–churched and nonchurched alike–the instinct to take a position without taking action.

Eberhard Bethge, German Protestant theologian and close friend of Bonhoeffer’s wrote this summary of Bonhoeffer’s thoughts:

Bonhoeffer introduced us in 1935 to the problem of what we today call political resistance. The levels of confession and of resistance could longer be kept neatly apart. The escalating persecution of the Jews generated an increasingly intolerable situation, especially for Bonhoeffer himself. We now realized that mere confession, no matter how courageous, inescapably meant complicity with the murderers, even though there would always be new acts of refusing to be co-opted and even though we would preach “Christ alone” Sunday after Sunday. During the whole time the Nazi state never considered it necessary to prohibit such preaching. Why should it?

Thus we were approaching the borderline between confession and resistance; and if we did not cross this border, our confession was going to be no better than cooperation with the criminals. And so it became clear where the problem lay for the Confessing Church: we were resisting by way of confession, but we were not confessing by way of resistance.

Speaking now only of our relationship to the State….are we suffering under the illusion that we can indefinitely resist by way of confession (i.e., “standing for” conservative ideals and Constitutional truths) without being troubled by the need for confessing by way of resisting–to borrow Bonhoeffer’s phrase? If we are, is it time to become dis-illusioned?

Our context is not the same as his was, but I think the question is similar. It’s not inherently a faith issue, although Bonhoeffer experienced it in that context.

Reconcile Your Complacency Against This

My conservative perspectives, my support of what’s left of our Republic and my bleats of dismay at what’s being done to our Constitution in broad daylight are not changing what’s actually happening.

TRUMPETS, Wolverines. TRUMPETS !!

Mike Lindell Documentary: “Absolute Truth”


Posted originally on the conservative tree house on February 6, 2021 by Sundance

Mike Lindell (the MyPillow guy) has produced a video documentary highlighting the 2020 election and some of the evidence he finds troubling.  The first hour might be familiar to many, but the second hour contains details not presented before.  WATCH:

Tom Donohue Departing U.S. Chamber of Commerce


Posted originally on the conservative tree house on February 6, 2021 by Sundance

There is over a decade of deep research on Tom Donohue and the U.S. Chamber of Commerce within this website.  It was Donohue who originated the cabal assembly we define as “DeceptiCons”.  The U.S. CoC has been the biggest lobbyist spender in Washington DC since globalism and support for Wall Street took priority.

Immediately after they admitted the U.S. CoC worked with Big Labor and leftists to try and remove President Trump, Tom Donohue announces his departure from the U.S. Chamber of Commerce.

Via Axios – Board leadership at the U.S. Chamber of Commerce is close to naming Thomas Donohue’s successor, and is expected to appoint Suzanne Clark as its next leader, people familiar with the matter tell Axios.

Why it matters: As CEO, Donohue, 83, built the chamber into a political powerhouse that supports pro-business policies, contributes huge sums largely to Republicans and promises to give its international and domestic members a voice in Washington.

[…] Donohue was among many CEOs who called on Trump in mid-November to acknowledge the outcome of the election and began cooperating with the incoming Biden administration. (read more)

Some call it ‘Globalism vs Nationalism’, at other times it is best described as “Wall Street -vs- Main Street”; however, the overarching bigger picture is a battle over economics and the financial power structures that oppose President Trump, ie. “The Big Club”.

CTH has often said ‘everything is about the economics’, because it is. Ask the ‘why’ question five times to any issue and you will find the root issue is money.  Power, greed and control, it is all about the money and the economics.

Opposition to President Trump’s singularly unique and transformational reset of the U.S. economic system ultimately boiled down to a battle against the ‘Big Club’.  That is why corporate media aligned with labor and the leftists to remove their nemesis.

Every political confrontation is a move within this dynamic. The structural battle is not based on party affiliation, it is based on control and ownership of economics.

Billionaires on one side of the UniParty spend hundreds-of-millions in opposition to the MAGA agenda. That agenda, that economic agenda, is the existential threat to the Big Club’s grip on power.

Here’s the critical aspect: When it comes to the economics, there are no big spending billionaires on the nationalist side of the equation. The interests of Wall Street Democrats and Wall Street Republicans are based on globalism; Wall Street not Main Street.

In this fight there are no nationalist MAGA-donors to counterbalance that spending initiative other than you, the people.

Each of the lost congressional districts were targeted by the multinational Big Club.  Until the MAGA base gets a firm understanding of how this works opposition will continue to succeed. There is no MAGA-PAC or financial alliance system, funded by Wall Street billionaires who support the principles of economic nationalism, to counteract this dynamic.  It just doesn’t exist.

In the ‘globalist’ multinational, Wall Street dynamic, the Big Club DNC donor base and the Big Club RNC donor base have mutual self interests.  Within this interest, President Trump was/is their unified opposition.

The only defeating mechanism that can structurally override this dynamic is an independent Billionaire and a massive amount of tax-paying small donors, ordinary middle-Americans, who can supplement the financial arsenal.   Think back to 2015/2016, and you will see the single-successful-reference for this reality at work.

Everything is about the economics.

The Big Club opposition to President Trump was/is based on financial best-interest.  That opposition is not bound to a political party ideology.  It is an ideology based on economics.  In essence, this is a structural economic battle that is being waged politically.

Another intensely visible example of his dynamic is the Big Club donor-base within the GOP supporting Kevin McCarthy, and ADDING Rep. Liz Cheney (Wyo.) who was chosen to serve as House Republican conference chair, the #3 GOP spot in the House.

In the economic battle the successful defeat and diminishment of a House republican political body is more about creating a vulnerability, and creating a bigger opportunity to remove the existential threat President Trump’s economic policies represent.

Decades of financial policy were intentionally structured to the benefit of the BIG CLUB and the multinational Wall Street alliance represented by U.S. Chamber of Commerce President Tom Donohue.  This is not a Republican -vs- Democrat issue; this is a larger confrontation between those who hold financial power and a singular person, President Donald Trump, who was/is determined to remove that grip.

A Message From Rush Limbaugh to President Donald J Trump


Posted originally on the conservative tree house on February 6, 2021 by Sundance

Posted without commentary because words do not suffice.  A Message From Limbaugh:

“My days on earth are numbered; But before I fade away, there is something important I need to say. It may not be important to anyone else; but it’s important to me. Win, lose or fraud President Trump, I just want to say thank you for the last four years.

Thank you for making it cool to be an American again. Thank you for showing us that we don’t need to be under China’s thumb anymore economically, or any other way. Thank you for one of the strongest economies we’ve ever experienced in my lifetime.

Thank you for all you have done for the minority communities, and the outstanding decrease in the unemployment rate you had. Thank you for making it feel good to love our country and to be a proud patriot again.”

“Thank you for supporting our Nation’s flag and the men and women who fought for the freedom that stands behind that flag. Thank you for supporting our nation’s law enforcement organizations, and understanding how difficult their job really is.

Thank you for quelling the flood of illegal immigration, and bringing to justice the thousands of criminals that flood brought us. Thank you for giving corporations a reason to come back to America to make our own products and put Americans back to work.

Thank you for bringing our troops home from endless deployments that presented us with little more than body bags; and for your commitment to strengthen our military.

Thank you for operation warp speed and keeping your promise to bringing the Covid 19 vaccine to us in less than a year. Thank you for your never-ending attempts at bringing peace to the Middle East and your support for Israel.

Thank you for your Tax relief, and thank you for our energy independence. Most of all though…

THANK YOU for taking a damn rotten job that you never had to take!! Thank you for caring enough for this country to want to try and make a difference.

Thank you for showing America how little Career Politicians actually work for their constituents; for showing us how much those politicians despise you for showing America how easy it is to build a great nation, rather than rape her to line their own pockets and stock portfolios.

Thank you for allowing us to experience a President that wasn’t a lifelong politician, but a lifelong American. THANK YOU MR PRESIDENT… YOU DID YOUR BEST…”

Conspiracy & Reality


Armstrong Economics Blog/Conspiracy Re-Posted Feb 5, 2021 by Martin Armstrong

Anybody who dares to try to link COVID with the Great Reset is suddenly dangerous and a conspiracy theorist. Here is a video from Kaus Schwab’s World Economic Forum pushing the Great Reset. Here is a clip just in case they remove it. Here is Dr. Anthony Fauci saying the same thing that COVID has provided the opportunity for this Great Reset, followed by Christine Legarde the head of the European Central Bank, and the CEO of Bank of America – Brian Moynihan.

What is Fauci doing appearing in a Davos video supporting the Great Reset? He has lied about herd immunity when in 1970 required 25% of the population compared to 85% today. Why? Initially, Fauci said the truth that masks do not prevent anything. But we are evil conspiracy theorists for pointing out inconsistencies and his link with the World Economic Forum?

Why is it that when all these people agree on the Great Reset, and we dare to point that out, we become the misinformation who should have our tongue ripped out? Then Google Maps has a Timeline and shows everywhere you have been traveling for years and where you are today. They track us with our phones. An still, mainstream media is so desperate to get us to surrender all our rights, privileges, immunities, freedom of speech, and freedom of thought.

I really do wish Star Trek were real. I would right now be saying: Scotty! Beam me up! Get me out of here! Hurry!

Biden Imposes Permanent Masks & Social Distancing to Prevent Civil Unrest


Armstrong Economics Blog/Regulation Re-Posted Feb 6, 2021 by Martin Armstrong

Biden Administration has made it clear that they are stripping us of all our First Amendment rights which include the freedom to assemble. What was just made clear that even if you take these questionable vaccines, you will forever have to wear a mask and continue to social-distance for the rest of your life. So what is the point of these vaccines? There is no liability whatsoever to all Bill Gates’ pharmaceutical companies he now controls or is influential as a stakeholder/shareholder. Hence, there is no animal testing. My cousin was a front line nurse who had COVID and recovered. He was compelled to take the vaccine for her job and had a stroke. She has recovered, thankfully, but has now refused to take the second dose.

The is the most political nonsense and NEVER in the entire history of the world has any government, even those of Hitler and Stalin, whoever imprisoned the entire population pretending there is some disease with a kill ratio of 0.028% no different than the 1968 Hong Kong Flu.

This is why we have to end career politicians and move to a Direct Democracy. We have become the enemy and Capitol Hill in Washington will remain barricaded just like Kim Jung Un in The Central Committee Building in Pyongyang, North Korea at least into 2022.

Merkel’s Plea for Extended Lockdowns


Armstrong Economics Blog/Germany Re-Posted Feb 6, 2021 by Martin Armstrong

Our sources in Germany are all telling us that instead of boosting support for lockdowns, now that Merkel has come on the airwaves and attached her face for the first time, her support is dwindling rapidly. She grew up in East Germany and this said:

“For someone like myself, for whom freedom of travel and movement were hard-won rights, such restrictions can only be justified when they are absolutely necessary,” she said in her address. “In a democracy, they should not be enacted lightly—and only ever temporarily. But at the moment they are essential in order to save lives.”

With the death toll not worse than the bad flu and the deep involvement of the European leaders with Klaus Schwab, there is no justification for these actions. NEVER in 6,000 years has any government EVER locked down its people. There was far more freedom under the Communists than what is taking place in Europe right now. Merkel’s appearance may have just shot her career in the foot.

Browder Admits he Lost 90% in 1998 Russian Collapse


Armstrong Economics Blog/Understanding Cycles Re-Posted Feb 6, 2021 by Martin Armstrong