Category Blogger Martin Armstrong

Aug 5 2025

Los Angeles County Board Profiting on Homeless Epidemic


Posted originally on Aug 5, 2025 by Martin Armstrong 

Homeless

Politicians, NGOs, and shady nonprofits have been profiting on California’s homeless crisis for years. Taxpayers continue to pour money into the situation, without their consent, but the unhoused population continues to rise. I’ve spoken out about this blatant ongoing corruption numerous times. Once again, California Democrats have found a way to steal tens of millions from taxpayers under the guise of fixing the homeless epidemic.

The  Los Angeles County Board of Supervisors in Torrance has plans to purchase a $30 million building with 122 units under Governor Gavin Newsom’s Homekey+ plan. The first glaring discrepancy is pricing—city leaders appraised the building to be worth between $9.2 million and $10.2 million. Why are politicians demanding an additional $20 million?

The Torrance City Council unanimously voted against the project back in May 2025, stating that it would be a threat to public safety. The selected location is also near the main commercial hub of the city, which would detract customers, and would also be located near a middle school. The city of Torrance proposed two alternative locations for the homeless center, and yet, the Los Angeles County Board of Supervisors denied both options despite them being city-owned.

“Our responsibility as a city is to listen to our residents and act in a way that reflects our community’s values,” said Torrance Mayor George K. Chen. “The results of this independent appraisal reinforce the concerns many in our city have already raised.”

The extent of corruption goes deeper. The 2025 LAHSA Point-in-Time Count compiled by the county, as reported by RedState, found that there are only 50 homeless people regularly living in Torrance. Worse, there are 171 existing in place for those 50 individuals. There is a tiny home village in Torrance with space for 40 people, but only 9 people chose to leave the streets to live there and the pilot program was considered a failure.

The Los Angeles County Board of Supervisors is acting recklessly and wasting public funds for their own gain. There would be no need for these organizations if the homeless crisis were actually solved.

Aug 5 2025

The Rare Earth Crisis


Posted originally on Aug 4, 2025 by Martin Armstrong |  

Rare Earths

QUESTION: If Trump imposes sanctions on China for buying Russian energy, what do you expect China to do?

Rob

ANSWER:  The deeper you look, the more it becomes abundantly clear. America’s defence supply chain is built on materials it doesn’t control. Missiles, fighter jets, radar systems, drones — all depend on a steady stream of materials like gallium, germanium, and rare earth magnets, and they come from China. That is why Trump was demanding access to Ukraine. This is not something that is widely discussed. But in an aggressive war, the US cannot produce jets like it did in WWII. They are more sophisticated, so you cannot produce quantities like before, and you need rare earths. NEOCONS are void of long-term strategic planning. They only look at what is in front of their nose.

Aug 5 2025

Trump is Taking us into World War III listening to the Wrong People


Posted originally on Aug 4, 2025 by Martin Armstrong |  

COMMENT:

Marty,

yes, they want to talk and force war by any means necessary. How

incredibly crude and predictable the words coming from the mouth of US

Ambassador to NATO, Matt Whitaker, are. Although I know, especially

based on historical facts from WW1 and WW2, how war propaganda and the

demonization of the enemy work, I am still shocked every time by how

blatantly and crudely they keep doing it. I am even more shocked every

time by how stupid the vast majority of people are.

There are times when I would even welcome a population exchange and

extermination of the Western world in the hope and with the stupid but

human impulse that this would eradicate a large part of the evil. I am

fully aware that this is not true. But the human impulse still rises

within me.

I have sons and grandchildren; we left Europe last decade! Especially

because of your predictions! We hope to be far away from the catastrophe

unfolding here in the coming years.

Marty, we owe you a great deal for making the timely decision to leave

Europe.

US Ambassador to NATO, Matt Whitaker:

It’s impossible to get into the mind of Vladimir Putin because it’s sick

and twisted and probably not logical.

But I’m guessing he doesn’t want to take on the most powerful military

in the world, which is the United States of America.

GB

Incompetent

REPLY: This is the problem. Whitaker’s arrogance thinks that the US is so powerful that it can crush Russia without ever firing a shot and calling Putin “sick and twisted” when we started this war, and there were TWO peace deals which the WEST broke – not Russia. I have NEVER in my entire life witnessed such INCOMPETENT diplomacy. The Neocons have been instructing Trump to be strong and yield nothing to Putin, and he will fold.  Peace is easy. Just HONOR the Minsk Agreement. But this is a war to destroy Russia, and Trump is a fool who is being played just like George Bush, Jr.

Financial Capital World Economy

China has already said that they will NOT let Russia lose BECAUSE they know they will be next. The ONLY way to defend against our insane Neocons is to pull together as a united front with Russia, China, North Korea, and others against the West. Both India and China have previously been the financial capitals of the world. Just as Europe lost that because of two world wars, we will do the same.

WWIII Sides

These Neocons have waged endless wars, and they have lost EVERY SINGLE ONE! They think this will be just a war against Russia, and they can tell China to wait for its turn. This is a war against NATO and China, along with everyone else tired of this Neocon arrogance, will join to eradicate the West.

NATO_Defeat Russia_in_3_Days Adam Kinzinger

These insane and arrogant Neocons are just full of themselves. They are NEVER the ones on the battlefield. They send everyone else’s children to die for their aspirations of world dominance and glory. Make no mistake. They seek what they accuse their adversaries of doing – the conquest of the world.

Neocon Propaganda

This is the story they always put out. Russia is losing, and we can crush them like an ant.

DJIND W Array 8 4 25

The computer shows shift changes as of next week, escalating into the week of the 18th. So let me see, Trump will impose crushing sanctions on China for buying Russian oil? They are supposed to bend the knee and say Oh, sorry. We will buy from the US instead? That would be a massive loss of face. Every ultimatum coming out of Trump’s mouth is pushing China and Russia closer together.

Here is Tony Blair’s Apology for listening to the NEOCONS.

Here is General Wesley Clark, who was shocked when the Neocons told him they wanted to conquer the entire Middle East with American troops.

2022 Intl War Index

I’m not sure we will have a recording of Trump’s apology for starting World War III. I had hoped he would keep us out. I was wrong. The computer has always been correct. We have a major war on the horizon, and it does not look good.

Aug 5 2025

George Bush Admitted Iraq War was a Mistake


Posted originally on Aug 4, 2025 by Martin Armstrong 

Aug 4 2025

Consumer Sentiment Not Indicative of Consumer Spending


Posted originally on Aug 4, 2025 by Martin Armstrong 

American Consumer

Consumer sentiment remained elevated for the second consecutive month but remains worse than in December 2024, according to the University of Michigan’s Surveys of Consumers. Sentiment rose 1.6% in July from June, reaching a reading of 61.7 from 60.7. However, overall sentiment has been 17% beneath December’s reading, although it rebounded from April’s low when the market experienced a sharp downturn due to tariff fears.

“Although recent trends show sentiment moving in a favorable direction, sentiment remains broadly negative,” Surveys of Consumers Director Joanne Hsu said in the report. “Consumers are hardly optimistic about the trajectory of the economy, even as their worries have softened since April 2025.”

Inflationary fears declined for the second consecutive month as well, dropping from 5% in June to 4.5% in July after peaking at 6.6% in May, again, as a result of tariff uncertainty. Consumers believe inflation will wane in the long run for the third consecutive month, with the figure declining from 4% in June to 3.4% in July, which marks the lowest reading in 2025.

The Consumer Confidence Index, as reported by the Conference Board, rose 2 points to 97.2 in July, and June’s figure was revised to 95.2. The short-term outlook on the Expectations Index rose 4.5 points to 74.4, yet has been below the recession threshold of 80 since February. Business and labor market conditions, as measured by the Present Situation Index, fell 1.5 points to 131.5.

Yet, the Kansas City Fed noted that consumer sentiment is no longer an accurate reading for consumer spending. “Recent data suggest consumer sentiment has been declining for the past several months, signaling a potential slowdown in spending. However, most measures of actual spending, such as core retail sales and PCE, have remained relatively stable. This discrepancy raises the question of how useful consumer attitudes are in predicting actual spending,” the Fed questioned, later concluding, “Consistent with evidence from the prior 30 years, the near-term outlook for spending growth looks similar regardless of whether we account for the recent weakening in consumer sentiment.”

Federal Reserve Chair Jerome Powell also stated “the link between sentiment data and consumer spending has been weak. It’s not been a strong link at all…it wouldn’t be the case that we’re looking at [consumer sentiment] and just completely dismissing it. But it’s another reason to wait and see.”

Consumers are continually pessimistic, albeit less so, as prices remain elevated. We saw a sharp downturn in consumer sentiment with the peak in inflation during 2022. However, regardless of how one feels about the economy, consumers are forced to spend more on less. The FOMC will no longer use consumer sentiment as a strong gauge for future spending or GDP calculations since the correlation remains weak.

Aug 4 2025

Retail and Tech Jobs At-Risk in the US


Posted originally on Aug 4, 2025 by Martin Armstrong 

Technology

US employers have reduced their workforce more in the first seven months of 2025 than in all of 2024. The DOGE cuts to the public sector were the primary driver of layoffs; however, there has been a notable drop in retail and technology positions in the private sector.

July alone saw 62,000 jobs reduced from the workforce, a 30% increase from June and 140% from July 2024. Over 806,000 positions were removed from January to July, surpassing the 761,358 job cuts in all of 2024.

Public sector positions in government saw the largest reduction at 292,294 positions. The current administration implemented the largest public sector reduction in modern US history by offering over 2 million government employees a buyout. Around 65,000 people accepted the buyout offer within the first two weeks alone. Additionally, DOGE halted grant funding to various NGOs and non-profits, leading to 17,826 fires, which amounts to a 413% annual reduction. None of these positions contributed to the US GDP.

The private sector shed 33,000 positions in June 2025, marking the first contraction in the private sector in nearly two years. For 2025 overall, the sectors facing the steepest layoffs are technology (-89,251) and retail (-80,487).

A few major tech companies implemented large layoffs this year such as Intel (-21,000), Microsoft (-15,000), PayPal (-2,500), and HP (-2,000). The advancement of Artificial Intelligence has led to a drastic reduction in workers in the technology sector, with some reports believing that AI is replacing around 491 tech jobs per day. We’ve seen a 36% decline in tech jobs this year compared to last as technology advances. Another issue has been outsourcing positions to places like India. The US outsourced 300,000 tech-based jobs overall to India as offshoring trends continue. Not only is labor cheaper, but India produces over 1.5 million engineering graduates annually. Visa restrictions have less of an impact as remote work is commonplace.

Retail experienced the second-largest decline in private sector roles with a 249% annual decline. Brick and mortar stores are deteriorating as another casualty of creative destruction as consumers prefer to spend online. Various articles are blaming tariffs and price increases for the drop in retail positions, but consumers are simply spending less. Around 20,000 retail positions were lost to AI automation, especially for basic roles and inventory management. American consumers have never rebounded from the increased cost of living. Credit card delinquencies and bankruptcies continue to reach new highs, and every survey indicates that households are spending more on less and focusing their resources on the basics.

Technology and retail are sensitive to advancements in AI. Offshoring has drastically cut competitiveness for American workers in tech. There is an offshoring corporate tax penalty of 28% but it is safe to assume that this figure will rise. As for AI, the government hasn’t found a way to tax robotic systems, but rest assured they will find a way.

Aug 4 2025

Americans Losing Hope in Social Security


Posted originally on Aug 4, 2025 by Martin Armstrong 

Social Security

Young Americans know that they are forced to pay into a system that will produce returns. A new study by AARP found that confidence in Social Security has plummeted to a 15-year low. The government has successfully run this Ponzi Scheme for 90 years, but in due time, it will run out of money.

According to the survey, confidence in Social Security fell to 36%, nearing the all-time low of 35% experienced in 2010. Only a quarter of respondents between 18 and 49 expressed confidence in the system, compared to 48% of Americans over 50 who believe they will see a return. Still, 69% of Americans overall felt that Social Security was an important program.

Why? Why must we permit the government to claim a portion of our pay only to redistribute it back to us at a loss? Individuals would receive far greater returns if permitted to independently invest those funds. Similar to tax refunds where the government steals a portion of our pay only to hand it back to us at the end of the fiscal year, Social Security is another interest-free loan for the government that does not benefit the people.

As of June 2025, 53 million retired Americans and 7.1 million Americans with disabilities received Social Security, with the average monthly payment amounting to $2,005. That is not enough to live on anywhere. Yet, 24 million families rely on Social Security as their primary source of income. The aforementioned study found that 78% of people realize that Social Security will not cover their living expenses upon retirement. A quarter of respondents on 50 said that they are not factoring in Social Security payments in their retirement plans as they know the jig is up.

It comes as no surprise that analysts are projecting Social Security to run dry by 2034, aligning closely with the computer’s date of 2032 when the entire world will experience a drastic transformation. Those same analysts believe that the program will need to rely entirely on payroll tax revenue once the general fund becomes depleted.

Social Security cannot survive. Social Security invests 100% in government bonds, meaning it does not earn a fair interest rate. I spoke with Congress in the 90s and urged them to transform it into a wealth fund allocated out among managers. The Democrats voted against the privatization of Social Security. The fund would be more than abundant had it been permitted to invest in equities or anything other than government debt. It never should have been a political decision.

So those deciding not to factor in Social Security payments are wise. Those who feel angered that they must continue paying into this failing system are also awakened to the truth—Social Security is in its final stages until collapse.

Aug 4 2025

Is 2032 Also a Risk of Comet Impacts?


Posted originally on Aug 4, 2025 by Martin Armstrong | 

meteor shower

QUESTION: I find it very interesting that Earth passes closest to the densest part of the Taurid stream in late October and early November, when both the Southern and Northern Taurids are active. However, 2032 is predicted to have enhanced activity due to gravitational influences from Jupiter, which can bring more debris into Earth’s path. Some have suggested that an impact of a cosmic event caused the Younger Dryas, perhaps from this Taurid stream, if the Earth were hit by a comet or asteroid impact around 12,900 years ago, which triggered the Younger Dryas that sent the planet into an abrupt cooling lasting about 1,200 years. That would be like a mega volcanic winter. If you divide 12,900 years ago by 8.6, that is precisely 1500 cycles. Since the forecast for the highest intensity in the Taurid stream is 2032, is your computer picking this up?

Jos

SixthWaveDetailed

ANSWER: The cycle is fractal, like everything within nature. We know that the world dramatically changed about 11,000 years ago. Six waves build into 51.6 years, and six of those build into 309.6 years, with six of those creating waves of 1857.6, and 6 of those take us right to 11,145.6. This is a significant turning point. I cannot dismiss the scientific forecast for 2032, coinciding with the Taurid stream out of hand. I think we do need to pay attention and be prepared to divert such an impact if it becomes obvious. We are headed back into a cooling period – not warming. These nut jobs who want to put dust in the air to reduce global warming will kill most of humanity when a volcano of 7+ erupts on top of their dust.

Aug 4 2025

NEOCONS surrounding Trump Administration


Posted originally on Aug 3, 2025 by Martin Armstrong 

Neocons

I have written directly to members of the Trump Administration and received no reply. When you generally write, you get the standard form thanking you for your letter. Not getting even a form letter response tells me they are not allowed to be passed on. The Deep State is still the gatekeeper for correspondence. Even if you write to your Congressman, you get the form letter response, and they will NEVER see your letter if the gatekeeper disagrees. Welcome to democracy.

Director of National Intelligence Tulsi Gabbard has also come to realize the reality of Washington. She has said she is surrounded by “deep state actors” within the government who are actively working to undermine the president’s agenda and suppress information.  These are the people who think they are defending the Constitution, but they are taking us into World War III.

Naturally, CNN has always to report the opposite. If Trump said the sky is blue, they will call him a liar and report it is red. They are in the pocket of the NEOCONS, even if only the top brass know what the real agenda is. They claim that Gabbard’s actions were a politically motivated attempt to rewrite the history of the Russia investigation, according to CNN. The NEOCONS only look at their hatred of Russia and maintain that they must be wiped off the face of the earth. They ONLY look at that objective and are destroying the United States and Western Civilization.

1 Cost of War

The National Debt is bloated because of endless wars. This has not benefited society. The corruption feeds only a few in the Military Establishment that President Eisenhow warned us about. The debt is unsustainable, they will demand higher taxes and reduce our living standard all for their endless wars. This one they are cooking up will end the United States. Their debt cannot be sustained, and this is the Sovereign Debt Crisis, all for their hatred of Russians. This is what 2032 is all about. They will bankrupt the West, and the Financial Capital of the World will move to China. Sorry, that is what the computer is projecting. It’s not my opinion. I am just so glad I am not 18 today. While Kinzinger claims we can defeat Russia in 3 days, I do not see any such war that has been finished in 3 days.

Vide

Aug 3 2025

Interview: NATO Plans MASSIVE Troop Surge into Ukraine


Posted originally on Aug 3, 2025 by Martin Armstrong