The Target of May 15th


Posted originally on May 14, 2025 by Martin Armstrong 

ECM Ukraine 8.6 R

COMMENT: Mr. Armstrong, it is becoming obvious why the government has suppressed you, and others are trying to prevent people from listening to you. What has blown my mind is that you put out the ECM cycle on the Russian Ukraine War, and you had the date of May 15th published since 2022. The negotiations on Ukraine in Istanbul with Russia are scheduled for May 15, the exact day you said this war would have a key turning point, 3 years in advance. I know you have been persecuted for your discovery rather than hailed as the discoverer of a new dimension in global social-political science. We should all be writing to Trump and the Nobel Prize Committee to listen to you. This is more than just about you. We have to wake up as a society before it’s too late.

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Nikola Tesla’s last words lamented that he dedicated his life to accomplishment and was persecuted for it. They have done the same to you, and that has offended me deeply.

God bless you. You have been sent to teach society a new way of viewing the world.

Ralph

ECM GIF Turning Points

REPLY: Thank you. This frequency has picked up so many events to the day that it is remarkable. The Economic Confidence Model has worked countless times to the very day. There is certainly order hiding beneath the appearance of chaos. The vast majority will NEVER give me credit for anything during my lifetime. That is just the way it always works.

Bruno Giordano burned at the stake Armstrong Economics

Yet, what you describe about Tesla’s treatment is on par with humanity. What I have discovered will only become widely accepted after I am gone, not before. They tried to kill me, but I survived. Giordano Bruno (1548 – February 17th, 1600) was burned alive for agreeing with Copernicus that the sun was at the center of the solar system, not Earth. It is dangerous to discover something that society does not want to hear. Gallileo was forced to confess and change his theories to avoid being burned alive like Bruno. My discovery in cyclical analysis has threatened the bankers and those who think they can manipulate society. For that reason alone, I have been persecuted and will never be recognized during my lifetime. That is how society works, and it refuses to learn or take just one step forward in knowing how things truly work.

Hypatia was a prominent female figure in philosophy, mathematics, astronomy, and mechanics in the 4th-century city of Alexandria. She was murdered in the year 415 AD by an angry mob who literally tore her to pieces before killing her. Even German philosopher Gottfried Wilhelm Leibniz was also a logician, scientist, mathematician, mechanic, and physicist. He knew about the law, history, foreign affairs, and languages. Leibniz was a brilliant person. Before Newton did, he came up with mathematical analysis, worked on combinatorics and the foundations of mathematical logic, described the binary number system with the numbers 0 and 1 used by computers today, and made many other important discoveries that changed many fields. He was in a fight with Newton and was prejudiced because he was not English.

Leibniz’s last years were tough because George I, King of Great Britain, didn’t like him and thought he was nothing more than a court historian. The famous scientist was harassed and dragged into court dramas. He was also put under house arrest and was constantly being watched by a spy. Because he was out of favor in London, the Royal Society refused to even view it as appropriate to recognize his passing. Even in death, their hatred continued.

Numerous inventors who were ahead of their time have been ignored or even demonized during their lifetime. Their legacies remind us that recognition often hinges on societal context, not just ingenuity.

Throughout history, many inventors made groundbreaking contributions but received little recognition or even contempt during their lifetimes. Here’s a list of another 11 notable figures whose work was rejected until after their deaths:

1. Antonio Meucci (1808–1889)

  • Invention: Early telephone prototype (“teletrofono”).
  • Why Unrecognized: Lacked funds to patent his invention, leading Alexander Graham Bell to secure the patent first. Meucci died in poverty, and the U.S. Congress only acknowledged his contribution in 2002.

2. Hedy Lamarr (1914–2000)

  • Invention: Frequency-hopping spread spectrum (basis for Wi-Fi, GPS, Bluetooth).
  • Why Unrecognized: Known primarily as a Hollywood actress, her patent was classified during WWII and ignored until the 1960s. Recognition came decades later.

3. Charles Babbage (1791–1871)

  • Invention: Designed the first mechanical computer (Analytical Engine).
  • Why Unrecognized: His machines were never built in his lifetime due to technical and financial limitations. His ideas were later recognized as foundational to modern computing.

4. Garrett Morgan (1877–1963)

  • Inventions: Three-position traffic signal, smoke hood (early gas mask).
  • Why Unrecognized: Faced racial discrimination since he was black, and often hired white actors to demonstrate his inventions to gain acceptance.

5. Johann Philipp Reis (1834–1874)

  • Invention: Early “telephone” prototype (“Reis Telephone”).
  • Why Unrecognized: His device was dismissed as a novelty. Bell later patented a more practical version, overshadowing Reis’s work.

6. John Kay (1704–c.1779)

  • Invention: Flying shuttle (revolutionized weaving).
  • Why Unrecognized: His invention sparked worker riots (Luddites), forcing him to flee England. He died in obscurity in France.

7. Granville T. Woods (1856–1910)

  • Inventions: Railway telegraph, electric roller coaster, and 50+ patents.
  • Why Unrecognized: He was black, so racism in the U.S. led to his work being overshadowed by contemporaries like Edison, though he sold patents to major companies.

8. Philo Farnsworth (1906–1971)

  • Invention: Fully electronic television.
  • Why Unrecognized: RCA (led by David Sarnoff) stole his patents after a legal battle. Farnsworth died embittered, though later acknowledged as TV’s true inventor.

9. Elisha Gray (1835–1901)

  • Invention: Telephone prototype (filed a patent hours after Bell).
  • Why Unrecognized: Lost the patent battle to Bell despite evidence of parallel development.

10. Alan Turing (1912–1954)

  • Invention: Conceptualized modern computing and artificial intelligence.
  • Why Unrecognized: His WWII codebreaking work was classified, and he was persecuted for his sexuality. Recognition grew posthumously.

11. Gustave Whitehead (1874–1927)

  • Claim: Allegedly flew a powered aircraft before the Wright Brothers (1901).
  • Why Unrecognized: Evidence remains disputed, and the Wrights’ 1903 flight is widely credited.

Alberta to Separate from Canada?


Posted originally on May 13, 2025 by Martin Armstrong 

MAA 400 Ounce C

I am back from my trip to Alberta, Canada. They will separate, and currently the polls show 40% want to leave. I also stopped by to visit the facility of SilverGoldBull operation in Calgary. This is me holding a 400-ounce bar of gold – central bank standard. I was very impressed with their operation. I was given a tour of the vaults. I do not get any commission, nor did they pay me to mention them. It was a very impressive operation, plain and simple. Not a one-man band.

We are providing a manual on how to separate and the key issues that must be addressed. Many areas worldwide are seeking independence, and numerous requests have been made to address the economic side of separation. This is not advocating any particular government. This provides a historical review of separations, attempted separations, and revolutions. The shocking thing is that such events are achieved with LESS THAN a 50% majority.

How_Countries_Separtate

Spain Limits Cash Withdrawals


Posted originally on May 13, 2025 by Martin Armstrong 

Hoarding Euros

Withdrawing large sums in cash is no longer possible in Spain without the government’s approval. Those withdrawing €3,000 or more must notify Spain’s tax agency, Agencia Tributaria, in advance. Withdrawals at or exceeding  €100,000 require a 72-hour approval process, and the tax agency is requesting a 24-hour mandatory notification for any amount over  €3,000.

A few news outlets are reporting that the Spanish government will impose a €150,000 fine on those who fail to report, but Project Veritas found that to be false. Article 4 of Order EHA/98/2010 states that these new measures are safeguarding institutions against money laundering and terrorism, the typical scapegoats.

In truth, these measures are intended to provide the government with control over capital. Bank runs occur when people complete lose confidence in the system, and the government is ensuring that it never reaches that point because they can simply implement a freeze. Moreover, governments everywhere are on a hunt for taxes and the entire war on cash is based on the belief that citizens are attempting to bypass taxes.

There is a reason that ATMs impose withdrawal limits, forcing customers to go directly to their bank branch. Spain’s reporting system requires banks to submit information through digital identification methods like CL@ve PIN, an electronic ID, or a digital certificate. The government has ordered banks to deny customers their funds if they are unable to provide proper documentation.

What constitutes “suspicious activity” has broadened in scope, not just in Spain but globally. The Spanish government has said that repeated withdrawals or a few hundred euros at a time will be considered suspicious. Citizens are expected to notify the government of how they plan to spend their money by providing personal identification to their banks.

Governments believe that all currency in circulation truly belongs to them. All transactions should be traceable and taxable. These measures will tighten as the Sovereign Debt Crisis intensifies and governments become desperate for funds and control.

Trump EO to Fight Pharmaceutical Prices


Posted originally on May 13, 2025 by Martin Armstrong 

pills scaled

It is no secret that America is one of the unhealthiest nations in the developed world. We pay more for prescriptions and healthcare than any other nation, with illness constantly ranking as the number one factor for bankruptcy filings. Donald Trump announced a new executive order that will cap the prices of prescription medications by granting the United States Most Favored Nation (MFN) status.

“For many years the World has wondered why Prescription Drugs and Pharmaceuticals in the United States States of America were SO MUCH HIGHER IN PRICE THAN THEY WERE IN ANY OTHER NATION, SOMETIMES BEING FIVE TO TEN TIMES MORE EXPENSIVE THAN THE SAME DRUG, MANUFACTURED IN THE EXACT SAME LABORATORY OR PLANT, BY THE SAME COMPANY??? It was always difficult to explain and very embarrassing because, in fact, there was no correct or rightful answer,” Trump wrote. “The Pharmaceutical/Drug Companies would say, for years, that it was Research and Development Costs, and that all of these costs were, and would be, for no reason whatsoever, borne by the ‘suckers’ of America, ALONE,” Donald Trump posted on Truth Social ahead of the declaration.

The Department of Health and Human Services (HHS) will match the lowest prices for medications among the MFN, and has a 30-day deadline to get it done. Unlike other programs that fought for affordable medicine through Medicare, this initiative is going after the private insurance plans.

“I’m doing this for the American people,” Trump said at the White House discussing the executive order. “I’m doing this against the most powerful lobby in the world probably, the drug lobby.” Trump sought to implement drug cost caps during his first term but his order was overturned by a federal judge.

Three-quarters of Big Pharma’s profits come from American citizens, although the US only composes 5% of the global population. On average, brand-name drug medications are over 4X higher in America compared to other developed nations.

America permits pharmaceutical super PACs from outside the US to influence our politicians. Novartis, Novo Nordisk, Roche, and AstraZeneca all donated to candidates during the 2024 election period. Yet, everyone was concerned about foreign interference. Look at the most recent election. Eli Lilly, under the Lilly PAC, donated over $180,000 to politicians running for the House and Senate on the right and left. Then individual CEOs donated the maximum individual contribution permitted by law. CEO David Ricks paid off Republican Congressman Brett Guthrie from Kentucky and donated to two PACs, including the Carolina Victory Fund, which donates solely to Democratic candidates.

Johnson and Johnson has the J&J PAC that paid out $500,000 from 2023 to 2024 to both Republicans and Democrats. AbbVie has its own super PAC as well, and CEO Robert Michael pays into the PAC monthly. Merck & Co. has the Merck PAC and paid out over $300,000 to members of the House and Senate. CEO Robert Davis shelled out the maximum personal contribution to candidates on both sides. Amgen has the Amgen PAC and a CEO who also donates to candidates but favors Republicans. Pfizer, of course, has become a Democratic-leaning organization. The Pfizer PAC donated 63% of its funding to Democrats compared to 37% to Republicans.

Canada and the majority of European nations, for example, have an agency that negotiates the prices of pharmaceuticals. The pan-Canadian Pharmaceutical Alliance (pCPA) works directly with manufacturers on behalf of all provinces to ensure that prescription medications are fairly priced. America has no such agency or advocate, and Big Pharma can price medications as high as it wants. The new executive order will allow Americans to bypass all the middlemen and buy directly from manufacturers.

It is a mistake to believe that this new order is a price cap. The government is not setting a fixed government-mandated price for medications. Drug manufacturers must reference price points to those paid by other nations, and this does permit fluctuations and market-based adjustments. The industry already has wide margins and has been permitted to unfairly rob the American people as bought politicians turn a blind eye to the corruption. People may fear the billionaires in the Oval Office, but for one thing, they cannot be bought.

US Supply Chain Issues on the Horizon


Posted originally on May 13, 2025 by Martin Armstrong 

cargoshipsportofloasangeles

Businesses cannot properly determine how much or when to buy due to ever-changing tariffs. Tariffs will certainly not halt trade, but they have caused a kink in the supply chain. The Port of Seattle reported a temporarily lack of any container ships last week.

“I can see it right over my shoulder here, I’m looking out at the Port of Seattle right now, and we currently have no container ships at berth,” Seattle port commissioner Ryan Calkins told CNN last Wednesday. “That happens every once in a while at normal times, but it’s pretty rare,” he added. “And so to see it tonight is I think a stark reminder that the impacts of the tariffs have real implications.” Calkins told CNN that he has not seen such a consistent lull in activity since the COVID era.

Long Beach Port CEO Mario Cordero also noted that the lull was reminiscent of the COVID era. “We are at a point of inflection. It’s kind of dire,” Mario Cordero, Port of Long Beach CEO, told NBC. “What happens here is going to be an indication of what’s going to occur in the supply chain. We have less vessel calls, less cargo now.”

A 35% decline in traffic was reported at the Port of Los Angeles. “You could hear a pin drop,” said Port of Los Angeles Director Gene Seroka last week. “It’s very unusual.” Seroka also told AFP that American importers have reported having five to seven weeks of normal inventory on hand, with many retailers completely halting shipments from China.

Dock workers, truckers, and warehouse employees risk losing employment. Understandably, ports on the West Coast are feeling the impact first as they are the hub for shipments from Asia. Many expect the slowdown to spread to the Gulf eventually and then the East Coast ports.

Germany’s Conspiracy Theory Hotline


Posted originally on May 12, 2025 by Martin Armstrong 

Conspiracy Theory

Germany has become increasingly tyrannical in its fight to combat dissenters who do not believe in abandoning nationalism for Brussels. Not only does the German government want to banish political parties who dissent from its narrative, but it has implemented a hotline where citizens may report others who spread “disinformation” and “conspiracy theories.”

The Violence Prevention Network, the Amadeu Antonio Foundation, and the Center for Applied Deradicalization Research launched  “Advice Compass on Conspiracy Thinking” (Beratungskompass Verschwörungsdenken) in 2024 as part of the “LivingDemocracy!” project. “Conspiracy theories are accompanied by lies and disinformation. They are deliberately spread to divide our society and destroy trust in independent science, free media, and democratic institutions. Conspiracy theories can lead to extremist ideologies and drive perpetrators to commit crimes and acts of violence. Antisemitic conspiracy theories are particularly often spread,” Federal Interior Minister Nancy Faeser said.

The government’s own website discusses how important it was to silence “disinformation” during the COVID-19 pandemic. The government is urging citizens to be on the lookout for anyone spreading conspiracies surrounding the war in Ukraine

Their website warns the public to look for “people in the immediate environment. Such as family, friends, or school” as they may reveal their independent thinking to the people closest to them. “Open dialogue on equal terms often seems impossible because the other person is not receptive to arguments,” the government states, warning citizens that they should report these free thinkers to authorities who are trained to combat extremism.

Secret Phone Calls.Hotline

“Those seeking advice will receive initial orientation and help in finding suitable counseling services nearby. After a confidential initial consultation, those affected will be referred to a specialized agency if necessary. In this way, we provide very concrete support to those affected and their families while simultaneously strengthening prevention efforts to protect our society from the growing dangers of conspiracy theories,” stated Federal Minister for Family Affairs Lisa Paus, who called conspiracy theories “poisonous to democracy.”

Germany calls their long-term counseling for conspiracy theorists holistic in nature, but it is a re-education and forced indoctrination program. The government does not want the people to have independent thoughts or beliefs that challenge their authority. Loyalty should lie with the government over family, friends, and classmates, all of whom could pose a threat to the government. Be suspicious of thy neighbor.

It is comical that the leftists honestly believe Germany is “finally on the right side of history” when history is in fact repeating. The economy is declining, and the nation is on the precipice of global warfare. The Germans live in fear of World War II repeating, yet, re-education programs are precisely what occurred in Nazi Germany. Schools were transformed into indoctrination centers, and textbooks were revised. Propaganda appeared in every form of media, and stern rhetoric was the primary tool that the Third Reich used to control the masses ahead of warfare. While the government’s current ideological requirements certainly differ from that of the Third Reich, the government is once again forcibly indoctrinating the people, silencing dissent, and forcing family and friends to turn on one another to protect the government above all else.

Over Half of Brits Would Not Fight for their Country


Posted originally on May 12, 2025 by Martin Armstrong 

britons wants you.WW2MilitaryRecruitment

Starmer may be preparing his nation for battle, but he does not have the support of his nation. An Ipsos poll found that over half of Britons “would not fight for their country under any circumstances.”

The Victory in Europe Day celebrations coincided with the poll, causing no increase in patriotism. Only 35% of adults overall said that they would be willing to fight for their nation, with 17% undecided. Only 21% of women said they would take to battle, and 49% of men said they would like go to war.

Britan has already been invaded. The people did not fight when millions of foreigners invaded their country and permanently altered British society. England is no longer a Christian nation. They have abandoned their core traditions and beliefs for outsiders who vote for liberal policies. Taxes on citizens continue to rise as the government forces the people to pay for migrant social programs. Spending on the migrant crisis is expected to rise 30% in 2025 alone to an astounding £61 million.

Former Army officer Richard Gill, who served in Iraq and Afghanistan during a 15-year career, said, “The fact that so many would refuse to fight for Britain is a symptom of a deeper national malaise. We’ve stopped teaching pride in our country, its history, and its values… A nation unsure of itself cannot expect its people to defend it. That must change.”

Prime Minister Keir Starmer implemented the largest rise in defense spending since the Cold War, with government spending on defense to rise to 2.5% of GDP from April 2027. He would like to raise that amount to 3% in the next parliament, marking a £13.4 billion increase per year.

Britain voted to leave the European Union, and now its politicians are requesting the people to defend a nation that was never even permitted in the bloc due to corruption. Support for the war in Ukraine has significantly declined since 2022. A separate Ipsos poll found that only 53% of Brits supported the government sending weapons to Ukraine, which is a stark contrast to the 63% who were in favor when the war began. Two in five said they support sending peacekeeping troops to Ukraine, or 40%, and Russia has made it clear that any troops on the ground in Ukraine will be considered targets.

Starmer is no Churchill—the people will not blindly follow his regime into a senseless war.

Chinese Exports to US Decline 21% Amid Tariff War


Posted originally on May 12, 2025 by Martin Armstrong 

China US Trade

China is seeking new buyers amid the ongoing trade war with the United States. Chinese exports increased by 8.1% in April on an annualized basis, with imports declining 0.2%. Yet, imports to the United States fell 21% on the yearly, with imports declining 14%. There is no shortage of buyers for Chinese goods.

Exports from China to the Association of Southeast Asian Nations spiked 20.8% in April on an annualized basis after rising 11.6% the month prior. Malaysia and Vietnam have become the top buyers among the region. China exported around $27 billion in goods to Japan, $24 billion to South Korea, $13 billion to Taiwan, and $11 billion to Australia.

The European Union outpaced the US in Chinese exports last month after purchasing $90 billion worth of goods, an 8.3% increase, with Germany standing as the bloc’s top purchaser. The Chinese drastically reduced its purchases from the EU, with a 16.5% decrease for the month. In addition to geopolitical problems, the Comprehensive Agreement on Investment (CAI) remains unresolved since it was drafted in 2020 after tit-for-tat EU and Chinese sanctions. The deal would have permitted European companies to access the Chinese market, but the stalemate is likely to remain.

This does not mean that trade will simply be redirected in the face of America’s 145% tariffs. “The surge in overall exports could be partly due to transshipment through third countries and contracts that were signed before the tariffs were announced, Zhiwei Zhang, president and chief economist at Pinpoint Asset Management, said in a note. According to the US National Bureau of Statistics, China’s official purchasing managers’ index reading hit 49.0 in April, marking the first contraction in 2025. Production and new orders declined to 49.8 and 49.2, respectively, as manufacturing demand waned.

Our computer indicates that the Chinese economy will slow down this year as confidence is tested after years of rapid growth. The workforce is shrinking, and youth unemployment remains high. The nation is facing regional debt crises and real estate crises. Geopolitical tensions will be sharp as protectionism rises globally. China is continuing to militarize amid tensions in the South China Sea, and Xi’s new support for Russia in the Russia-Ukraine war will make it more difficult for China to attract foreign investment.

Interview: Digital Tyranny & the Fall of Nations


Posted originally on May 11, 2025 by Martin Armstrong 

In this wide-ranging and provocative interview, economist and forecaster Martin Armstrong shares dire warnings about the future of global finance, governance, and geopolitics. Armstrong argues that we are headed for a massive economic and governmental collapse by 2032, driven by unsustainable debt, declining confidence in institutions, and a manufactured climate crisis used to justify authoritarian control.

He warns that elites are using wars, digital currencies, and manipulated narratives to maintain power while suppressing dissenting forecasts. Armstrong also draws parallels between modern political chaos and historical cycles, highlighting how economic breakdown is often the catalyst for societal transformation. The interview touches on volcanic activity, potential population decline, central bank digital currencies, false flag events, and the dangers of Western interventionism—especially in Ukraine and Europe.

Interview: Alberta Separation, USD, Recession


Posted originally on May 10, 2025 by Martin Armstrong