Armstrong Economics Blog/War Re-Posted Jan 2, 2023 by Martin Armstrong
Many emails have come in asking if the January target is going to be geopolitical. Holidays are a favorite time to launch attacks. Remember the Yom Kippur War, also known as the Ramadan War? Of course, during Vietnam, President Richard Nixon ordered major bombings to begin on Dec. 18 when North Vietnamese walked out on peace talks. The bombings did not use Christmas as a tactic, but the Troops called it the “11 Days of Christmas.”
Bet you did not know that in the Famous Battle of Trenton, New Jersey, and Washington’s Crossing the Delaware he used Christmas day to take the British off guard. He crossed the Delaware Christmas night and at dawn on December 26th, 1776, about 2,400 Continental troops pushed into Trenton, and they did indeed surprise the enemy, who surrendered within an hour and a half.
During the American Civil War, the Union tried to use Christmas to attack Fort Fisher but failed. They packed a warship with explosives and blow up the fort’s walls. The ship blew up and only warned the Confederates of the holiday attack. Then on Christmas Eve, the Union started bombarding the fort with heavy cannon fire. That fell short and missed its target. Then on Christmas morning, they shelled the fort and sent in the troops. But the heavy artillery was completely untouched and they had to retreat.
Russia invaded Afghanistan on Christmas Eve 1979, not because the Afghans were celebrating, but because the entire West was taken by surprise.
This Christmas has been another opportunity to catch the West off-guard. Absolutely the entire East Asian region has exploded with geopolitical tension. China, Taiwan, Japan, North, and South Korea have all raised their military readiness to their MAX. China strategically sent 7 ships and 71 aircraft of which the majority, at least 43, had entered Taiwan’s air defense zone. This is a NEW RECORD. What I have been warning about is that China, North Korea, Iran, and Russia will all join together because of this insanity coming from the Biden Administration.
North Korea simultaneously entered the Airspace of South Korea which, up to now, was unprecedented! The military leadership of South Korea was forced to come out and publicly apologized to the people for this violation of their Airspace by the North Korean drones. Reports are surfacing claiming that they remained there for at least 3 hours and perhaps some up to 7 hours.
Iran’s staged a major military exercise on Friday ahead of New Year in the coastal area of the Gulf of Oman and near the strategic Strait of Hormuz. This was reported by state TV in Dubai. ABC News reported that they were testing their attack drones. Russia launched a major attack on New Year’s Eve and Zelensky still refuses to accept peace and let the Donbas go which is occupied by Russians. All Zelensky does is plead for endless money and Patriot missiles to attack Russia directly and engulf the entire world in this chaos. Zelensky is willing to sacrifice his entire country for this hatred of Russians. He said:
“For me, as the president, ‘just peace’ is no compromises as to the sovereignty, freedom, and territorial integrity of my country, the payback for all the damages inflicted by Russian aggression,”
It was Kyiv that started the war by sending troops to attack the Donbas in 2014 and that was the West’s installed “temporary” government that started the war – not any elected Ukrainian government. He was elected promising to pursue peace and end corruption. So much for campaign promises, They always say whatever they need to win, and then do the exact opposite.
Orthodox Christmas Day for the year 2023 will be observed on Saturday, January 7th, 2023. Strangely, most of the markets are showing turning points the week of January 2nd and/or 9th even with some markets showing Panic Cycles the week of the 9th following Orthodox Christmas.