Posted originally on Oct 6, 2025 by Martin Armstrong |
Nepal, Morocco, Madagascar, and now South Korea—the youth are not accepting economic hardships quietly. South Korea passed a “public intimidation law” that criminalizes threats or acts of crime against the general public with a penalty of 20 million won ($13,700) or five years imprisonment. New data has found that half of the suspects are in their 20s and 30s, according to ministry data obtained by Representative Song Seok-jun.
The most common motive noted in around one-third of cases is anger or resentment toward society. The law went into effect back in March and there have been over 70 cases of public intimidation. Authorities have arrested over 50 people, mostly men in their 20s. Crimes vary from online hate to bomb threats.
Seoul National University’s School of Public Health reported in May that 55% of adults in South Korea are living in a state of “prolonged emotional frustration,” and 70% reported that society is “fundamentally unfair.”
Youth unemployment in South Korea has reached 15%, with the national average sitting at 5%. Over 1.2 million young people are unemployed, despite South Korea having one of the highest rates of higher education. Working for a family-run conglomerate or a chaebol is seen as prestigious compared to small and medium enterprises (SMEs) where working conditions and pay are less desirable. SK, LG, Samsung, and Hyundai alone accounted for 40.8% of the national GDP in 2023. In fact, 84.3% of all GDP can be traced to 64 companies ,but they compose only 10% of available jobs.
“The figures make clear that the chaebols’ impact on the Korean economy cannot be easily disregarded. But the 64 chaebol’s share of employment is lower than their share of revenue, which means they need to more aggressively expand their hiring,” said Oh Il-seon, director of the Korea CXO Institute.
Over 70% of Koreans between 25 and 34 hold a college degree, which is 20 points higher than the OECD average. Studies show that only 24% of college graduates in South Korea earn more than those with a high school diploma. In contrast, 69% of college graduated in America are employed.
South Korean children begin training for a position at a chaebol. The market is saturated with educated, eligible employees. Housing and the overall cost of living have skyrocketed. The youth followed the playbook and lost the game. South Korea already has a plethora of political turmoil, but no one is more vocal or willing to cause unrest than the youth.
Posted originally on Oct 4, 2025 by Martin Armstrong |
Trump is clearly listening to the NEOCONS, and he may believe their BS that Russia’s economy is collapsing, so Russia can be defeated in three days, as Kinzinger was claiming. Mark Rubio is a Neocon. I believe Trump hired him as a compromise to the Neocons. But he is taking us into World War III in slow motion. Trump is listening to the wrong people, and he had better look unbiased at why Putin is being put into a precarious position. He has insulted the dignity of Russia and reduced it to a meaningless 4th-world country. If Putin is replaced one way or in November, sorry, Europe will not recover. Germany fought against Russia in both World War I and World War II and lost both conflicts. A third time will NOT be the charm.
The Wall Street Journal and other outlets reported that President Trump signed off on providing U.S. intelligence agencies to supply targeting data to Ukraine for strikes on Russian energy infrastructure (oil refineries, pipelines, power plants). This suggests that now the US will select the target for Ukraine to attack. That is waging DIRECT WAR against Russia. They certainly can provide missiles to Venezuela and provide them targets for Washington, D.C., and put one right up Trump’s ass. I guess that would not be declaring war either.
However, it is not clear that “providing targeting” means full battlefield coordination, command & control, or direction of operations — most media accounts frame it as sharing intelligence, not taking over targeting decisions.
According to multiple sources, Trump authorized the sharing of targeting intelligence with Zelensky/Ukraine for strikes on specific energy infrastructure. This is the NECON argument: stop the energy sales of Russia, the country will collapse, and they can walk in and carve up Russia like a piece of pie. SO let’s see, Putin could strike and take our Wall Street, the US cannot borrow any more money, the economy would collapse since it is dependent on debt, and he could do the same to the USA.
NOBODY seems ever to consider that whatever they do to Russia, they could do the same to the USA and Europe. I am concerned that Putin has been restrained. He cannot agree to peace KNOWING that these Neocons want the destruction of Russia and will NEVER accept them into the world economy. They have already divided the world economy between SWIFT and BRICS, and this division is expected to remain unchanged until after 2032. NEOCONS are braindead assholes who NEVER think one step ahead and only act emotionally to what is in front of their nose with myopic vision.
The NY Post pushed an opinion advocating sending Tomahawk missiles to wipe out Russia. They said:
“Trump should now follow through by supplying Ukraine with long-range missiles to do the job — and ratcheting up the economic pressure on Russia.”
Again, this attitude assumes that Russia is incapable of launching any retaliation against the United States. Putin might as well just launch everything because there is NO POINT to any peace agreement, for Trump is a fool if he really believes this is just about Ukraine. This is about the destruction of Russia, and if he does not get rid of these advisers who have him isolated, we are sleepwalking into the end of Western Civilization.
There is NO WAY China will allow Russia to fall. These Neocons pushed Russia and China together. They will stand together with North Korea and Iran. These NEOCONS are really stupid. They will never be able to defend Europe, the Middle East, Taiwan, and Korea/Japan all simultaneously.
Venezuela’s International Support
Cuba has been a longstanding ally of Venezuela. Recently, Cuban diplomats in Angola reaffirmed their support for Venezuela against perceived U.S. aggressions. Russia has continued to support the Maduro government, sending troops to Venezuela in March 2019 and helping the government evade sanctions on the oil industry. China has continued to back the Maduro government, offering to help rebuild the national power grid. Iran has also expressed support for Venezuela, especially in the context of U.S. sanctions and military threats. The two countries have engaged in economic and diplomatic cooperation over the years. Both could also provide long-range missiles to Venezuela, just as Zelensky is demanding, so he can level the Kremlin. Russia could do that with Venezuela and target Washington, DC. Trump obviously never heard = what goes around, comes around.
Turkey has maintained a neutral stance but has occasionally criticized U.S. sanctions and expressed support for Venezuela’s sovereignty. Syria has been a vocal supporter of Venezuela, condemning U.S. actions and emphasizing the importance of respecting Venezuela’s sovereignty. Colombia has shown solidarity with Venezuela, especially in the context of U.S. sanctions and military threats. The country’s foreign minister recently renounced her U.S. visa in protest of U.S. actions against Venezuela.
Brazil has refrained from taking sides in the U.S.–Venezuela conflict. While President Lula has expressed concern over the U.S. naval presence in the Caribbean, describing it as a source of regional tension, he has not indicated any intention to intervene militarily on Venezuela’s behalf. However,
Left-leaning / socialist governments (currently or recently): Venezuela, Bolivia, Ecuador (varies over time), and sometimes Argentina and Chile, depending on elections. This is why Trump is supporting Argentina. If they flipped back to the LEFT mainly because of Trump’s war against Venezuela, then we can see turmoil in South America. Focusing strictly on war between South American states, the last significant one was the Colombia–Peru War of 1932–1933, which involved a territorial dispute over the Amazonian town of Leticia. It was resolved through mediation by the League of Nations.
Since then, South America has experienced chiefly internal conflicts (civil wars, insurgencies, and guerrilla movements) rather than interstate wars. Border disputes existed (like between Ecuador and Peru in 1995), but these were short-lived skirmishes rather than prolonged wars. However, Trump’s war with Venezuela runs the risk that, as the economy turns down, we can see a rise in anti-Americanism, and this will impact not just militarily, but also economically, with outstanding debt issues. Specifically, U.S. dollar-denominated debt accounts for approximately 92.6% of South America’s total public debt.
In August 1982, Mexico announced that it could no longer service its debt. This is often considered the official start of the Latin American debt crisis.
Other major South American countries quickly followed this:
Argentina (1982) Brazil (1983) Chile (1983) Venezuela (1983) Peru (1984) Bolivia (1984) Uruguay (1983)
This is the unspoken risk with a conflict with Venezuela, which does have the #1 largest oil reserve of any country on the planet.
These Neocons are BRAINDEAD, for they never consider not just the next step, like taking out Saddam, with no comprehension of what comes next. Still, they fail to feel that they are pushing Putin like he is meaningless, and what if he steps aside in November and hands it to their Neocons, for Russia is NOT going down without a fight. Putin has warned that they have bombs that will get these Neocons in their bunkers.
Demand Elections in Ukraine
Cut Off All Contact With Ukraine. They are a Patsy for NATO
Nobody cares that even one Ukrainian is still alive. Boris Johnson is running the show, instructing Zelensky that he is NOT allowed to have peace. He has already announced that Britain is at war with Russia and Trump expects Putin to surrender? Trump better open his damn eyes, he is being played like a fiddle by the Neocons.
originally on Posted Oct 3, 2025 by Martin Armstrong |
The condition of America’s workforce remains undetermined, as the Bureau of Labor Statistics is currently not operational. The non-farm payrolls report will be delayed even if the unlikely event that the government reconciles today. The Chicago Federal Reserve compiled a separate report that indicates a contraction in the workforce.
Unemployment remains stagnant at 4.34%, up a mere 0.01% from August. Layoffs also remained relatively unchanged at 2.1%. We have not reached the point of mass layoffs where companies can no longer afford to pay their employees. Challenger, Gray & Christmas reported in a separate analysis that layoffs declined 37% in September and fell 26% YoY. The company reported that planned furloughs are at their highest level since 2020, with 946,426 cuts between Q1 and Q3.
Companies are fighting to retain employees, and there are no signs of expansion. New hires for the year totaled 204,939, marking a massive 58% annual decline. The US economy has not seen such a slow pace of hiring since 2009 in the aftermath of the Great Recession. Yet, the jobs data under the Biden Administration hid the real problem as the PUBLIC sector multiplied while the private sector stagnated.
The ADP report that is used as a confirmation of the BLS has been closely monitored in the wake of the government shutdown. The private sector eliminated 32,000 positions in September–a glaring warning sign as the markets were predicting an expansion of over 50,000. Private payrolls for August were revised to show a loss of 3,000 jobs, after data initially indicated a gain of 54,000. The ISM manufacturing survey index slightly rose to 49.1 in September from 48.7 but remains in depleted territory.
Small-and medium-sized businesses have been hit the hardest. Large corporations with over 500 employees did, in fact, add 33,000 jobs, offset by the number of layoffs smaller companies were forced to endure. Wage increases for workers who changed jobs in September fell to 6.6% from 7.1% MoM. Annual wage growth for job-stayers fell flat.
“Despite the strong economic growth we saw in the second quarter, this month’s release further validates what we’ve been seeing in the labor market, that US employers have been cautious with hiring,” ADP chief economist Nela Richardson said in a statement.
The Federal Reserve will likely state that it needs the official BLS data to make an informed decision. Powell is careful with his words. Rate cuts will not entice companies to expand, despite Washington’s insistence that they would, as employers lack confidence in the future.
originally on Posted Oct 3, 2025 by Martin Armstrong |
The threat of losing military protection did not persuade Taiwan to move half its chip manufacturing to the United States. Top trade negotiator and vice Premier Cheng Li-chiun stated that the 50-50 proposal would not be considered or even discussed. Instead, Taiwan plans to focus on lowering US-imposed tariffs that now stand at 20%.
Commerce Secretary Howard Lutnick believes that Taiwan’s chip production would be safer on US soil. The US relies on Taiwan for an astounding 95% of chip production and cannot lose this strategic trade. “My objective, and this administration’s objective, is to get chip manufacturing significantly onshored — we need to make our own chips,” Lutnick said. “The idea that I pitched [Taiwan] was, let’s get to 50-50. We’re producing half, and you’re producing half.”
There is a belief that the “Silicon Shield” deters Chinese military aggression as the island has global dominance over semiconductor manufacturing. It is true that semiconductor production is the best, if not only, leverage the nation holds.
China accused Taiwan of “selling out” to US influence, repeatedly reminding the nation that they are a province and not a sovereign country. Separatist ambitions are impossible without US military backing. Yet, now there is a concern that the nation would be surrendering its key economic component to the US. Both China and the US want to corner Taiwan and one will win.
Eric Chu, leader of Kuomintang opposition party, is less keen to cave to US demands than President Tsai Ing-wen. “No one can sell out Taiwan or TSMC, and no one can undermine Taiwan’s silicon shield,” Chu said, in reference to Taiwan Semiconductor Manufacturing Company (TSMC).
Manufacturing on US soil is far more costly and there is a concern that this could slow innovation and create new logistical issues. Yet, China has been ramping up One China policy rhetoric. President Xi Jinping called on the nation to “firmly oppose Taiwan independence separatist activities and external interference,” reaffirming China’s commitment to defend its “sovereignty and territorial integrity.”
UN General Assembly Resolution 2758 established the “one-China principle” that states Taiwan is a Chinese province under international law. The majority of UN member states agree and Taiwan has been blocked from participating in international organizations. The resolution, however, is vague and does not explicitly mention Taiwan. Rather, it “expels forthwith the representatives of Chiang Kai-shek from the place which they unlawfully occupy in the United Nations and in all the organizations related to it.” Chiang Kai-shek was the leader of the communist Republic of China (ROC) who was forced to retreat to Taiwan in 1949 after losing the Chinese civil war. Chiang Kai-shek ran Taiwan as an independent nation to the dismay of the international community. The UN officially recognized the People’s Republic of China over the ROC in 1971 and has not changed its stance.
Governments are increasingly undermining globalist organizations like the UN and ignoring past treaties. This matter cannot be solved with pen and paper.
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