Posted originally on Jul 5, 2025 by Martin Armstrong
QUESTION: You said that the German Nazi Party was raising money selling bonds in the United States before they invaded Poland in 1939. When I asked AI, if the Nazis sold bonds in the US it said “No, the Nazi regime did not sell sovereign bonds in the United States after coming to power in 1933 and before the outbreak of WWII in 1939.” So, who is correct? You or AI?
ANSWER: From what I am being told, a problem is surfacing with ChatGPT-generated content, which often contains factual inaccuracies. The development of language models to engage in AI is presenting a problem. They are learning from the WEB, correct. However, they are not necessarily capable of verifying what is true or false. Here is a Conversion Office for German Foreign Debts $100 Bond (Nazi Government sold in the United States) into the New York 1936. I have the physical evidence that suggests that the answer you received was incorrect.
British Journal of Educational Technology (BJET) recently explained that “no research has yet examined how epistemic beliefs and metacognitive accuracy affect students’ actual use of ChatGPT-generated content, which often contains factual inaccuracies. ” For those unfamiliar with this arcane term of philosophy, linguistics, and rhetoric, epistemic, it traces back to the knowledge of the Greeks. That Greek word is from the verb epistanai, meaning “to know or understand.”
I try to be accurate, and if I state something as fact, I have generally verified it versus making a statement of just an “opinion,” perhaps derived from a belief. Nobody is perfect – not even ChatGPT.
Posted originally on Jul 5, 2025 by Martin Armstrong
Supreme Court Justice Ketanji Brown Jackson received a standing ovation on Thursday after denouncing the Trump administration’s “relentless attacks” on federal judges, calling them a threat to the rule of law. “ Across the nation, judges are facing increased threats of not only physical violence, but also professional retaliation just for doing our jobs,” Jackson told a conference of judges in Puerto Rico. “And the attacks are not random. They seem designed to intimidate those of us who serve in this critical capacity.”
Sorry – just being a judge does not make them honorable. A Pennsylvania judge was taking kickbacks to send kids to jail to fill up a prison.
The American Justice System is as Corrupt as ANY Banana Republic – Worse!
We need a Complete Revamp of the Entire System.
The two judges they gave me were former prosecutors with ruthless reputations for pro-government rulings: Judge Richard Owen and his replacement, Judge Castle, both committed felonies by altering the transcripts. I confronted Judge Owen, and so many people showed up that day that he got scared, for he did not know if I would start calling witnesses to testify about what he was altering.
He admitted that he was changing the transcripts, which is a felony with 5 years in prison. The most insane corruption in New York is the acknowledged alteration to the transcripts that the New York Federal Court judges claim the power to change the very words you speak in court. The Second Circuit Court of Appeals acknowledged the practice as being “unique” to New York, but on page 97 of their decision in UNITED STATES v. ZICHETTELLO, they claimed they lacked the power to order judges to obey the law.
Under 18 U.S.Code § 1506, “Whoever feloniously steals, takes away, alters, falsifies, or avoids any record, writ, process, or other proceedings, in any United States court, whereby any judgment is reversed, made void or does not take effect; or whoever acknowledges, or procures, in any such court, any recognizance, bail, or judgment, in the name of someone, not privy or consenting to the same, shall be fined or imprisoned up to five years, or both.”
I filed an appeal, and the Second Circuit claimed they never got it. They claimed they never received my appeal three times, and then claimed I was out of time. This is how judges protect judges. The system is outright corrupt. The Court of Appeals was well aware of the criminal activity taking place, which is itself a felony punishable by 5 years in prison for any judge who alters the transcript.
“Courts do not have power to alter transcripts in camera and to conceal the alterations from the parties.11 … Nevertheless, whether we have the power to order a change in such a practice is unclear.12 We review judgments, and our review of the convictions and sentences here may not be an appropriate vehicle for the fine tuning of this practice. However, we invite the judges of the Southern District to consider revision.”
US v. Zichettello,208 F3d 72,97 (2d Cir 2000)
Senate Minority Leader Chuck Schumer is from New York. I personally wrote to him about what was taking place in his district, and he NEVER responded. I can only assumed he knows the corruption taking place in his district and supports it. He is a lawyer who graduated from Harvard Law School. No wonder Harvard should lose its tax-free status.
Schummer openly admitted on live TV that the Democrats intentionally stuffed the courts with judges in a direct attempt to beat Donald Trump. “There are those who believe that we are, in real-time, living through an assault on the constitutional order. Do you believe that we are in a constitutional crisis right now?” the host asked.
“Yes,” Schumer responded, adding, “Our democracy is at risk because Donald Trump shows that he wishes to violate the laws in many, many different ways. Then Schumer said what we all suspected out loud: “The good news here is, we did put 235 judges—progressive judges, judges not under the control of Trump—last year on the bench, and they are ruling against Trump time after time after time.”
It is beyond hypocritical for these corrupt lawmakers to claim Trump is the one putting our democracy at risk. The new democrats of today cannot stand US democracy because they have no authoritative power when the people have a voice. The EU was designed to intentionally deny the people any right to vote for those who make the laws in Brussels or who should lead Europe, the same as in Canada. The politicians selected Carney – there was no primary election where the people voted for Carney.
Schumer said he hopes these judges will overturn Trump’s rulings again and again. Progressive judges have already forced funds to continue flowing to the National Institute of Health, they pushed back against defunding USAID, and attempted to prevent migrants from being deported. At every turn, Democrat-installed political activists posing as judges are overruling the president.
These people have no respect for US democracy or law and order. These partisan, dishonorable judges are incapable of ruling impartially. They gained their position by playing dirty for the Dems, and now there are over 100 cases open against the people, and not directly against Trump, as the people of the United States voted for Trump and the policies he represents. All 235 judges are attempting to block Trump at every turn because they’d rather see the nation burn to the ground than a successful Trump presidency, especially since many of these rulings are undoing the damage caused by the former autopen president’s administration.
All 235 judges are not abiding by the Constitution they have sworn to uphold, and should be impeached as they are unable and unwilling to rule unbiasedly. The left is openly manipulating public policy and committing crimes in plain sight. So far, according to Schume,r who cannot keep his foot out of his mouth, the Democrats have “won” 87% of cases against Trump. He admitted that the Democrats have paid off thousands of activists to work on “defeating the president.” They certainly do not want to reduce government or give power to the states because progressive policies are not popular with the American people. The Democrats are especially offended by DOGE because they did not want the people to see how recklessly they have spent our tax dollars on useless programs and NGOs that funnel back into their personal wallets.
The media says Trump is a dictator for demanding that these judges vacate their positions immediately. The Supreme Court needs to get involved here. Not only should the judges be impeached, but the swamp characters like Schumer, who have discarded the rule of law, do not belong in office. When judges are immune and above the law, impossible to impeach, and they cannot be fired for life like a monarch, there can be no actual rule of law. Judges will interpret the law as they like to support their political agenda. Our American legal system has to be just scrapped. These are jobs that could and should be lost to AI.
Anti-Democracy at the Constitutional Convention
While our politicians in the US, Canada, and Europe all lie to us, pretending we live in a Democracy, if you simply read the accounts of the American Constitutional Convention, you will see that we have been lied to all the time.
Elbridge Gerry (1744-1814) of Massachusetts declared, “The evils we experience flow from the excess of democracy.”
Roger Sherman (1721-1793) of Connecticut agreed, stating, “should have little to do as may be possible about government.”
Ben Franklin stood on the opposite side of the anti-democratic groups. While Franklin recognized the dangers of rabble rule, he distinctly favored direct elections and trusted the average citizen in contrast to elitism, which dominated the Parliamentary systems. Despite being considered the greatest philosopher of his time, his knowledge was also enhanced by the fact that he was also the most travelled among all of those at the Constitutional Convention. He had traveled to all of the colonies and Europe. Nobody else had his experience.
William Leigh Pierce (1753–1789) of Georgia wrote:
“Dr. Franklin is well known to be the greatest philosopher of the present age; all the operations of nature he seems to understand, the very heavens obey him, and the clouds yield up their lightning to be imprisoned in his rod. But what claim he has to be a politician, posterity must determine. It is certain that he does not shine much in public council. He is no speaker, nor does he seem to let politics engage his attention. He is, however, a most extraordinary man, and tells a story in a style more engaging than anything I ever heard.”
With all of that said, it was Franklin who we have to thank for the president being elected rather than appointed by some elites. Yet, Franklin wanted judges also to be elected. The anti-democratic elitists managed to have the judiciary in their control, just as Schummer admitted. Franklin drafted the Constitution of Pennsylvania, establishing a single legislative body that was directly elected. Pennsylvania also uses a hybrid system in which judges are primarily elected in partisan elections. Gubernatorial appointments, followed by elections, fill mid-term vacancies. Subsequent terms require retention elections. This system blends democratic election processes with appointments to ensure continuity.
The US will never be able to reform by 2032 without a complete overhaul of our legal system!
Any motion to recuse a judge should NEVER be decided by fellow judges who know each other. There MUST be a panel in Washington where all recusal motions should be heard. In my case, after the judge admitted publicly to altering the transcripts in my case, he became a witness in my case whom I could not cross-examine. That disqualified him to be the judge, but the Second Circuit Court of Appeals protects judges FIRST. So they lost my appeal three times conveniently.
I then wrote the SEC prosecutor Dorothy Heyl and said: Why don’t you people just make up a transcript and claim I confessed to whatever you want, and let’s get this over with. She did not reply.
Thrasymachus wrote over 2,000 years ago that “justice” is the same no matter what form of government – it is simply the will of those in power. Nothing has changed in over 2,000 years.
The courts have flipped the Constitution, where you have no rights. It was intended to be a RESTRAINT upon government. Yet, the courts have held that you can waive any right so that removes all restraint upon government, and they can torture you because you waived your 5th Amendment.
Posted originally on Jul 4, 2025 by Martin Armstrong
Today marks the anniversary of a revolution—not merely against a king, but against tyranny in all its forms. The Founding Fathers didn’t establish a democracy; they created a constitutional republic, understanding full well that democracy often devolves into mob rule and eventually leads to tyranny.
As always, Socrates is tracking the path ahead. The only way to preserve freedom is to understand its cycles and defend it against those who would gladly trade it for security or control.
Enjoy this Independence Day holiday. Freedom is never free, and it is always under siege.
Posted originally on Jul 4, 2025 by Martin Armstrong
As the story goes, the famous last words attributed to John Adams on July 4, 1826 (the 50th anniversary of the Declaration of Independence) were:
“Thomas Jefferson survives.”
The profound historical irony was that Jefferson actually died first. Thomas Jefferson died several hours earlier that same day at Monticello on July 4th – the day of American Independence. Adams was unaware that, lying on his deathbed in Quincy, Massachusetts, he had no way of knowing Jefferson had already passed away. His final words reflected his belief that his longtime friend, staunch rival, since Adams was a Federalist, yet both were fellow Founding Fathers, was still alive.
Adams and Jefferson, the 2nd and 3rd Presidents of the United States, were central figures in the American Revolution and the nation’s founding. Their relationship was complex: they were initially close collaborators, then bitter political enemies, and finally reconciled friends through correspondence in their later years. Their deaths on the same day – the 50th anniversary of the Declaration of Independence, which they both helped create – was seen by the nation as a divine sign affirming the American experiment.
Adams’ last words, mentioning Jefferson, underscored their intertwined legacies, even in death. The fact that he was mistaken about Jefferson surviving added a layer of poignant irony that captivated the nation. What Adams truly said (Slight Variations), according to eyewitness accounts (like his son John Quincy Adams and others present), reported slight variations, but the core meaning is consistent.
“Thomas Jefferson survives.” (Most common version)
“Thomas Jefferson still survives.”
“Jefferson lives.”
In essence, John Adams’ final thoughts and words were of his fellow Founding Father, Thomas Jefferson, expressing a belief in Jefferson’s continued life that was tragically and poetically incorrect, cementing their shared destiny in American history and memory.
Posted originally on Jul 3, 2025 by Martin Armstrong
The concept of cycles is becoming accepted in Western culture. Recently, people have been focusing on what they deem the 80-year cyclical theory, which marks a significant shift in humanity. While this may be true, as it takes a few generations to change society, they are not incorporating the additional nuisances associated with the true Economic Confidence Model.
The 80-year theory, also known as the Strauss–Howe generational theory, posits that there are four 20-year cycles or turnings that culminate in a cataclysmic event. For example, some are using 2024 as the starting point, which brings us back to 1944 when America was at the cusp of World War II. Going back an additional 80 years would bring us to 1864, the year of the US Civil War. Taking it back even further, we arrive at 1784 when the Revolutionary War ended.
Now, absolutely everything is connected, and garnering the most accurate forecasts requires peering out at society and the global economy. The problem with the 80-year theory is that it was developed from a solely American viewpoint, as it was designed to explain the history and future of the United States.
The Economic Confidence Model, at a basic level, sees waves of 8.6 years building in intensity, amounting to six waves to construct a major long wave of 51.6 years. What you get at the end of these 51.6-year waves is very profound. After the 1774.95 peak, we end up with a revolution against the monarchy. The next wave peak in 1826.55 produced the Russo-Persian War, 1826-1828, Greek War of Independence, Battle of Monte Santiago between Brazil and Argentina, Mexican Constitution is formed, the Maryland Democratic Party begins creating the confrontation between the Democrats and Republicans (South v North) which sets the stage for the American Civil War in 1861, and even Thomas Jefferson and John Adams both died on the 4th of July 1826 (1826.50) marking the end of the generation of Enlightenment whereas the peak of the wave was July 19th. The next wave, 1878, saw the Long Depression, which was called the “Great Depression” until 1929-1932. The next wave peak of 1929,75 produced the takeover of the West by socialists. Then the next wave was 1981.35, which marked the peak in interest rates even to the day.
Each of these events shifted society as a whole. Capital concentration shifted profoundly, altering nations. Nothing exists in isolation. The major wave is expected to be in 2032, and this will be followed by a shift in economic power from the West to the
Posted originally on Jul 3, 2025 by Martin Armstrong
The biological warfare unleashed on the global population should not be a forgotten war. A new study observed miscarriages and pregnancy losses among mothers-to-be who received the COVID-19 vaccination during gestational weeks 8-13 and 14-27, respectively. Researchers also noted the impact on unborn babies of mothers injected with the influenza vaccination as a comparison.
The Israeli study analyzed 226,395 pregnancies and found that 1.1% of women lost their babies when given the COVID-19 vaccination after week 24 of pregnancy. An alarming 2.7% of women who received a COVID-19 vaccination in the early weeks of pregnancy suffered the loss of a pregnancy. The study also factored in expected losses due to natural events. Those who received dose 1 during 8-13 weeks experienced a higher-than-expected number of fetal losses of approximately 18 vs. 9 for every 100 exposed pregnancies.
Most pregnancy losses occurred after gestational week 20, with half of deaths happened after week 25. Mothers who received dose three of the vaccine during weeks 8 to 13 exhibited a higher-than-expected number of fetal deaths with nearly 1.9 (95% CI: 0.39-3.42]) additional fetal losses above expected per 100 pregnancies.
How does this compare to the typical influenza vaccination? Women vaccinated during weeks 8 to 27 of pregnancy exhibited a lower-than-expected number of fetal losses. Those who received the flu vaccine in weeks 8 to 13 had fewer losses of around 5 per 100 women vaccinated. The study also attributed this to health vaccine bias as those who received the influenzas vaccine were likely to be healthy to begin with and cleared by their doctor rather than forced by their government.
Israel has one of the highest global rates of vaccination, and although they did not issue a blanket mandate, the government provided the vaccinated with a “green pass” while shunning the others from accessing public venues. The Israeli Ministry of Health, along with every other health agency, urged pregnant women to receive the COVID-19 vaccination and explicitly advised all pregnant women in their second and third trimester to take the mRNA vaccine. The government found that women were most likely to take the untested vaccine if their physician recommended doing so. Every tactic to coerce the population into willingly accepting the vaccine was unleashed.
The Israeli Ministry of Health continues to recommend that pregnant women accept the vaccination, and if their babies survive, they can begin to take the COVID-19 vaccinations at 6 months of age. The Centers for Disease Control and Prevention and the HHS in the United States changed their recommendations in recent months and no longer encourage healthy pregnant women to take the vaccine, likely solely due to Robert F. Kennedy Jr becoming the HHS Secretary.
Today, the COVID vaccine for healthy children and healthy pregnant women has been removed from @CDCgov recommended immunization schedule. Bottom line: it’s common sense and it’s good science. We are now one step closer to realizing @POTUS’s promise to Make America Healthy Again. pic.twitter.com/Ytch2afCLP
“As of today, the COVID vaccine for healthy children and healthy pregnant women has been removed from the CDC recommended immunization schedule,” Kennedy said in May 2025. “Last year, the Biden administration urged healthy children to get yet another COVID shot despite the lack of any clinical data to support the repeat booster strategy in children.”
The COVID-19 vaccination was never a medical necessity. There were no tests or studies conducted. Global governments aligned to attack the global population with an experimental vaccine that they insisted was safe and effective.
Posted originally on Jul 3, 2025 by Martin Armstrong
Yet another blue city is experiencing a substantial deficit due to government overspending. Denver Mayor Mike Johnston declared in May that the city was facing a $50 million budget deficit for the current fiscal year that is expected to explode to $200 million by 2026.
The city’s general fund reserves have declined from $391 million in 2022 to $299 million in 2024. The city plans to cut the general fund spending by 12%, a steeper cut than what was experienced during the COVID pandemic. The city has already implemented a hiring freeze for public workers and layoffs are expected. “We will have to look at layoffs,” Johnston said. “We do not envision a scenario where it’s possible to right-size this budget without that impact on personnel.”
Denver spent $356 million on migrants, and the mayor plans to continue fighting deportation efforts. All of these sanctuary cities are experiencing steep deficits, and they act perplexed as to why. Roughly 45,000 migrants have made their way to Denver since 2022, according to the Common Sense Institute (CSI). The local healthcare system cannot accommodate the large influx, but the city has spent $49 million on migrant healthcare after 8,000 migrants recorded around 20,000 visits to Denver Health alone last year. Doctors are calling the strain on the system a “humanitarian crisis” that has pushed the state hospital system to a breaking point. The hospital was forced to remove 15 beds in 2023 after finishing FY2022 $22 million above budget.
In February 2024, Denver voted to cut public services by $5 million to redistribute costs to migrants. The city acknowledged that taxpayers were on the hook for a $180 million bill in 2024 to host illegal aliens. The city spent, on a low estimate, $40 million on migrants in 2023. These politicians have absolutely no scope of the true cost of paying for unemployed migrants who do not contribute to society. They refuse to address the core problem because that would unmask the true motive behind the deliberate and calculated invasion.
Another blue city favorite is misappropriating funds to combat the homelessness epidemic. They continue to throw money at the problem without resolution. In 2024 alone, Denver spend $242 million on assisting the homeless population, with $30 million going toward rental assistance.
Denver allocated $4 BILLION for its basic income project that provides unconditional cash payments to the homeless with no strings attached. By the end of 2024, the city will have paid out over $10.8 billion to people who are unable to contribute to society. The city is robbing the working class to pay for those who prefer to rely on government assistance.
We will see more cities slash their budgets as they realize they simply cannot afford to bankroll tens of thousands of migrants. These city leaders are refusing to cooperate with ICE due to their hatred of Trump and are willing to allow their deficits to sink into the ground before acknowledging the main culprit of their financial burdens. This will lead to increased civil unrest as Americans watch their quality of life decline due to their taxes being misused for political purposes. The asinine amount of money American citizens pay in taxes should not be spent on people from foreign nations, be it on wars or migrants.
Posted originally on Jul 2, 2025 by Martin Armstrong
The city of Los Angeles declared a state of fiscal emergency amid a $1 billion deficit. The council approved of the emergency declaration unanimously in a 14-0 vote. This comes after Mayor Karen Bass approved a $14 billion budget for the fiscal year that began on July 1. The city is a prime example of what happens when socialist policies are allowed to run rampant at the expense of the people.
Bass approved of raising the budget from $12.9 billion in FY2024-25 to $14 billion in 2025-26 despite the looming $1 billion deficit. Unsurprisingly, overspending is the main culprit for the deficit, and yet, lawmakers have every intention of spending more. Over 600 public sector workers will be let go as a result of fiscal mismanagement, and although small government is usually applaudable, the city plans to fire 248 LAPD employees, 44 sanitation workers, and 41 firefighters. LA is experiencing a significant uptick in crime, but plans to defund the police to appease the mobs.
California Governor Gavin Newsom boasts of California’s robust economy but fails to acknowledge that it’s a state basically living “paycheck-to-paycheck,” with the payee being the taxpayer. Read the state’s plan to cover its budget deficits – endless taxes. Spending growth from 2025-26 to 2028-29 is 5.8%, above the average of 3.5%. Growth over the same period is just above 4%, “lower than its historical average, largely due to policy choices that end during the forecast window. Taken together, we view it as unlikely that revenue growth will be fast enough to catch up to ongoing spending.” Even residents who choose or are forced to leave the state will incur taxes to cover government thievery. Los Angeles is one of countless examples of how the public sector will virtue signal to rob Peter, not to pay Paul, but to pay themselves, as they are not hiding the corruption.
Liability costs totaled $546 million in the past years, as there have been numerous lawsuits, mainly involving the Los Angeles Police Department, which is forbidden by law to enforce order. The city refused to budget for these growing legal battles. Not only does the city plan to fire officers, but they also reduced hiring by 50% last year, recruiting 240 new officers instead of the 480 needed to patrol the city.
I’ve reported numerous times how California uses the homeless epidemic to fund NGOs that merely steal from the taxpayers. Mayor Bass stated she plans to cut 10% of funding to the “Inside Safe” program. The city has spent millions on combating homelessness, and the numbers continue to rise.
Crime is more expensive than funding the LAPD. Criminals have cost the city of Los Angeles an estimated $7.6 billion annually. Gang violence alone costs the city around $1 billion per year, according to the Vera Institute of Justice, which is half of the annual budget of the LAPD. The California Department of Justice has acknowledged that property crime has risen in recent years and accounts for 60–70% of total losses. Yet, violent demonstrations are permitted to occur whenever Washington enacts a policy that displeases the Democrats.
Blue policies such as the net-zero climate initiative have caused businesses to flee Los Angeles and California as a whole. From 2020 to the present day, over 164 companies have left California. In the last year, 12 major companies like SpaceX, Chevron, X, and KFC have fled CA for TX. Los Angeles shed 106 corporate headquarters between 2018 and 2024, the second-highest number of losses in US metros behind San Francisco/San Jose.
Taxpayers are fleeing the state en masse. State and local taxes are among the highest in the nation and disproportionately harm the middle and upper classes to fund the growing public sector. Energy costs have skyrocketed, with major refiners abandoning California. Gas is expected to rise 75% by 2026, and residents are already paying the highest price for gas in the nation. The cost of living is exorbitant. Those who can have already fled as the government must continue to leech of the taxpayers to fund their failures.
There should be checks and balances against these elected officials who recklessly spend with no end in sight. Downsizing the police force is a political move that will only cause crime and the costs associated with crime to rise. Los Angeles is becoming a failed city as a direct result of socialist policies that have historically NEVER worked.
Posted originally on Jul 2, 2025 by Martin Armstrong
The PYMNTS Intelligence report “Financial Lifestyles Shape Credit Reliance” revealed that American consumers are struggling to afford the basic essentials. Prices have been elevated since the worldwide pandemic shutdown the global economy and have not gone down in a meaningful way. The study found that 43% of American households who are a paycheck away from poverty cannot afford the essentials without using credit.
The report surveyed 2,298 consumers and categorized them into three financial brackets: those who do not live paycheck to paycheck, those who live paycheck to paycheck comfortably, and those who live paycheck to paycheck and struggle to pay bills.
The 43% of households living paycheck to paycheck with difficulties are eight times more likely to depend on credit cards for the essentials. This group was also six times as likely to rely on credit cards for non-essential purchases. Consumers in this category are placing 41% of all essential purchases on credit and sinking deeper into debt. Around 56% of Americans who do not live paycheck to paycheck are also purchasing essentials with credit, albeit many are using credit cards for points and incentives offered through their credit agencies. Struggling households are far more likely to rely on personal or payday loans, with 31% reporting taking out a loan for the essentials.
“While financially stable individuals may use credit extensively to maximize benefits like rewards, those facing financial strain often depend on it simply to cover essential costs. Understanding the distinct behaviors and needs of the struggling paycheck-to-paycheck consumer is crucial for financial institutions,” the study notes
Those who are not living paycheck to paycheck use credit strategically to maximize incentives and credit scores. Those living comfortably paycheck to paycheck do not face significant financial stress and use credit as a financial mitigation tool. Then there is a segment of the population that needs credit as their lifeline.
Groceries are the top item that Americans are pulling out their cards to buy, with 44.1% reportingly needing to use credit to buy food. Approximately 27.5% reported relying on credit for clothing and accessories, 27% stated they needed credit for monthly bills, 18.6% for vehicle maintenance, and 15.3% for healthcare-related expenses.
America’s middle class has been shrinking for decades. According to Pew Research Center, 61% of adults were considered “middle class” in 1971, but that figure sank to around 51% by 2025. The issue here is that there is an increasing number of households falling into poverty who must rely on the government for essentials. This is what the globalists and Marxists want to see—You Will Own Nothing and Be Happy. Consumer behavior is a telling sign and credit can only be stretched so far until one can no longer borrow. The fact that most are reportingly needing to use credit to afford food indicates that the welfare state is likely to increase, and those costs are passed on to the taxpayers, who then may go from “comfortable” to “struggling.”
Posted originally on Jul 2, 2025 by Martin Armstrong
The United States has officially lifted sanctions on Syria via an executive order signed by Donald Trump. This historic achievement marks the end of a 45-year sanction period enacted back in December 1979 when Syria was declared a state sponsor of terrorism.
“The sanctions were brutal and crippling and served as an important — really an important function — nevertheless, at the time. But now it’s their time to shine … So, I say, ‘Good luck, Syria.’ Show us something very special,” Trump stated on May 13 when he first announced plans to remove sanctions. Trump further stated that he hopes the new Syrian government “will hopefully succeed in stabilizing the country in keeping peace,” which should not be a problem considering the United States installed the current government.
Investments are pouring into Syria, and the nation is officially debt-free. Syria is still in dire condition after its 14-year conflict and is fighting to rebuild its basic infrastructure. The people of Syria are living in atrocious conditions. Over half the nation is food insecure, half cannot access water, and the majority barely have access to electricity. An estimated 90% of the public lives well below the poverty line. GDP plummeted by two-thirds since 2011, and the Syrian pound also fell by two-thirds in 2023 alone.
Before the world cut off Syria through sanctions in 2011, Syria’s GDP was around $61 billion USD. The sanctions coincided with the outbreak of civil war. War produces absolutely nothing and only detracts from an economy. Syria’s economy shrank by 85% in the past 14 years, with GDP reaching a mere $9 billion in 2024.
Lifting sanctions is a massive step toward rebuilding Syria. Nations are eager to pour investments into the nation and begin profiting. All of this is dependent on peace. The US has the right to reimplement sanctions at any time if the current regime loses control.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
