Posted originally on Dec 21, 2024 by Martin Armstrong
Japan is cascading into a serious debt crisis. Even Japanese finance officials have come out and been shocked by the fall of the Japanese yen back to retest the lows of 1990. They have been urging the Bank of Japan to intervene in foreign exchange and are naturally blaming speculators. Finance Minister Katsunobu Kato came out and stated:
“As we are alarmed by recent currency market developments including those driven by speculators, we’ll take appropriate action against excessive moves.”
In every government, they will always blame speculators and never their own policies. The mere fact that Kato has publicly made this statement demonstrates that the currency market is rather alarming, and the government is very concerned about the collapse of the Japanese yen. Currently, the dollar is trading at the 151 level. A year-end closing above 148 will warn that the dollar can rally substantially in the 200 to 250 zone. A close BELOW 147 would imply we could see the yen consolidate into 2026, but then it would resume a decline into 2027. Japan did conduct an intervention into the FOREX market buying yen last July to support its currency after fell below 161 per dollar level.
The BOJ’s rate-setting meeting concluded, suggesting that the U.S.-Japan interest rate differentials may not narrow as fast as previously expected. They did confirm that a former employee’s theft of over 1 billion yen from customers’ deposit boxes did not help with confidence overall.
Posted originally on Dec 20, 2024 by Martin Armstrong
Gavin Newsom has declared a state of emergency over the bird flu. Of the 34 reported cases, 33 were working directly in farms. There is no grave danger to the public at large. This publicity stunt is merely a way for Newsom to have more power over his state ahead of Trump’s inauguration.
Newsom enjoyed endless power under COVID-19 guidelines and restrictions. I’ve met countless people who call themselves “pandemic refugees” as they were forced to flee California during the pandemic as it became one of the most oppressive states in the nation.
“This proclamation is a targeted action to ensure government agencies have the resources and flexibility they need to respond quickly to this outbreak. Building on California’s testing and monitoring system — the largest in the nation — we are committed to further protecting public health, supporting our agriculture industry, and ensuring that Californians have access to accurate, up-to-date information. While the risk to the public remains low, we will continue to take all necessary steps to prevent the spread of this virus,” Newsom declared.
Over 600 dairy farms are under quarantine in California due to the bird flu. I explained that the USDA will begin testing ALL dairy farms across America, despite no known instance of someone becoming sick from consuming dairy. There have not been any recorded cases of person-to-person spread either.
Newsom may now issue executive orders and proclamations under the premise that this virus is not posing a risk to the public at large. He may now assume direct control over emergency management and state operations, as well as expanding current budgets. He could actually make expenditures from any state fund available for his use. There is a deeper power play ploy at hand behind these actions.
Governments are eager to spend your tax dollars on useless initiatives to save the planet from global warming. The Biden Administration spent BILLIONS on investing in EV infrastructure that never came to fruition. I spoke on how Biden approved of a $7.5 billion spending package to build EV charging stations throughout the nation, but only SEVEN were produced in over a two-year span. His most recent climate debacle that came to light rests on decarbonizing the Postal Service.
The government provided the Postal Service with funding to purchase 60,000 “Next Generation Delivery Vehicles” (NGDVs) from defense contractor Oshkosh. Oshkosh has never produced an electric truck and it is obvious why Biden avoided other more established EV manufacturers. Congress approved $3 billion to spend on this $10 billion project derived from the Inflation Reduction Act – the largest guise for climate spending in US history.
Out of that $3 BILLION, only 93 vehicles have been delivered since 2022. Countless issues have been reported with these NGDVs from leaks to airbags. Worse, Oshkosh was never equipped to handle the production of 3,000 vehicles, and has stated that they have only been able to produce ONE truck per day. They are now working to refine their manufacturing to create 80 trucks per day. Again, there were other avenues and established factories.
Does anyone believe those small mail trucks are truly polluting the environment? Should the American people simply accept that they may not receive mail when the weather is less than ideal? “Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds” unless forced to drive electric!
Posted originally on Dec 20, 2024 by Martin Armstrong
The Western Press is nothing but propaganda, and they keep cheering death and destruction. This latest piece by the Huffington Post is just outrageous. I hope they enjoy bathing in a pool of blood, they advocate. They wrote that TASS reported that Putin said he “pointed out that ex-British Prime Minister Boris Johnson had said at some point that Ukraine ‘needs to keep fighting until the last Ukrainian’.”
Putin added: “So this is what they are doing – fighting. They will soon run out of Ukrainians willing to fight.”
The Huffington Post then claims, “But there is no online record of Johnson saying this.” They then write: “This is part of a wider conspiracy theory – often repeated by the Kremlin – that the ex-PM had derailed potential peace talks about Ukraine and Russia during the early stages of the war.
They have the audacity to print: “Johnson debunked these claims in The Times in January this year, saying the theory was “total nonsense” and “Russian propaganda.”
It was reported on the front page in Ukraine that Johnson did kill the peace talks. This is why my Ukrainian sources plainly say if Zelensky were on fire, they would not urinate on him until he was dead. Zelensky was even forced to claim that he could decide peace without permission from London and Washington.
It is just stunning how the Huffington Post now seeks to rewrite history. The press always claims these are Russian propaganda and conspiracy theories. We have to wonder who is pulling their chains and how much they are being paid to print outright lies.
There was a Ukrainian attempted assassination of Zelensky in May. He tried to claim it was Russians behind two Ukrainian military officers. However, Zelensky then fired his Ukrainian head of security, and now his bodyguards are Americans. He is afraid of his own people, and rightly so, for this is a stupid war that has no benefit to the Ukrainian people.
I am sorry, but I believe the Neocons, including Johnson, were all of the view that Ukraine would fight until the last man. By this fake news, they are trying to make it sound like the West can destroy and defeat Russia as they did with Iraq to get people to run to the front lines to kill Russians since they are all evil, worthless human beings.
You even have the NEOCON Lyndsey admit that the money sent to Ukraine is to kill Russians. He openly said this was the best money they had ever spent to kill Russians. What is this personal hatred all about? These people are destroying Ukraine. About one-third of the country has fled with no intention of returning.
In the first few months, I reported that 100,000 Ukrainians had already died. I got the hate mail claiming that it was Russian Propaganda. But my sources were from inside Ukraine. When Ursula repeated that same number in her speech, Zelensky made her take that out, claiming it was classified. Here is her original video and the edited version so they can keep up the pretense that Ukraine is winning.
The Ukrainian press has reported that over 1 million Ukrainians have died. Again, Zelensky ordered them to claim it was a typo. At least 6 million up to 8 million have fled Ukraine. The war does not benefit Ukraine. The United States wrote, “the war has shattered the Ukrainian economy, rolling back development gains made over the past years and plunging nearly 25% of the population into poverty,” according to the latest Annual Report of the United Nations in Ukraine, published in April 2024.
The Huffington Post twists statements about Putin to keep up the image of the evil empire. They wrote that “Russia currently occupies around 20% of Ukraine, and around 6 million Ukrainians live there, according to Kyiv – but Ukraine’s total population is closer to 38 million.” What they refuse to publish is that there was a Minsk Agreement was to allow the Donbas to separate since they are ethnic Russians just as the breakup of Yugoslavia along ethnic lines. The Huffington Post omitted to report that former Chancellor Merkel admitted that they negotiated a peace deal only to buy time for Ukraine to build an army to attack Russia.
The West has planned this war against Russia, and this will destroy Europe and their own careers. I recall someone there in England once wrote, “Lord, what fools these mortals be!”
Putin even tried to explain to Zelensky the importance of the Minsk Agreement in avoiding war. This has been a deliberate war set in motion by the West. Putin has offered peace countless times, but the West instructed Zelensky to invade Russia with no strategic purpose, only to try to force Putin to attack NATO so they can claim he started World War III.
They sent Kamal to the Munich Security Conference because she was a total idiot and read the cue card she was handed, proclaiming Ukraine should join NATO 3 days before Russia invaded. To make sure Putin crossed the border, Zelensky, the day before, said Ukraine would rearm with nuclear weapons.
When the Washington Post found out he knew when Putin would cross the border, they asked why he did not warn his people. This scum-bag told the Washington Post if he told the people, he would have lost $7 billion. He has declared Martial Law, so he no longer stands for election, and he has suspended debt payments defaulting. He has been a traitor to his own people and his own country and thinks that Black Rock will raise trillions to invest in Ukraine as the great European Investment of the century. Our computer warns that Ukraine will no longer exist.
Posted originally on Dec 19, 2024 by Martin Armstrong
No government agency will willingly surrender power once it is in their grasp. Every other nation has ONE REGULATORY body, yet the USA has the CFTC and the SEC, plus the Federal Reserve over banks. If you obey the laws of one, you go to jail with the other. This hurts American citizens, for they cannot avail themselves of a hedge fund, and they must decide what sector to invest in, which is why I provide Socrates covering everything.
I warned the government that we need to have one regulatory agency. The SEC and CFTC have different laws that contradict one another. This hurts investment greatly. Take the domestic investor who must choose between stocks, real estate, gold, etc. They make those decisions but that is what a hedge fund manager is supposed to do. Domestically, you cannot merge that, so you have the guy who says gold is the best, the guy who says stocks are the best, and so on. They’re akin to used car salesman.
The bond guys will say they are the best, and so will the commodity guy, the stock guy, and the gold seller. They will all swear they are the best. So now hedge funds are often forced offshore where the hedge fund manager makes those decisions on what is the best investment.
I turned down the opportunity to manage $60 billion because, by law, if I thought a stock would crash, I could hedge a max of 17%, so I said no, I won’t get involved and risk my reputation. You cannot hedge a portfolio when you know it is going to go down because of the nonsense in regulation. Gut those two agencies.
Any agency, once you create it, will always fight for its own survival like an animal. This situation simply does not provide the average American with the best fund management available.
Posted originally on Dec 19, 2024 by Martin Armstrong
The war is over and it is safe for Syrian refugees to return home. Assad is no longer a threat and nations like Austria, Greece, the Netherlands, UK, France, Italy, Belgium, Sweden, Finland, and Norway have suspended new refugee applications. Yet, what about the four million Syrian refugees seeking asylum in the European Union? Reports are circulating the obvious – they have no plans to return home.
“Why should you go back when you have everything here?… In Syria I no longer have a home, a job or friends. I will only fly to Syria for holidays and to visit family – probably next year when the airport is open again,” one 27-year-old male refugee told Welt news outlet.
Syria’s new leader Abu Mohammad al-Jolani conducted an interview with an Italian news outlet one day after taking power. His first priorities are to restore security and stability in all Syrian cities, saying his people have been “exhausted by injustice and tyranny.” His second priority is “to bring back the millions of Syrian refugees who are scattered around the world,” he stated. “Their human capital and experience will help restart the country. My appeal goes out to all Syrians abroad: Syria is now a free country that has regained its pride and dignity. Come back. We need to rebuild, to get our country on its feet again, and we need everyone’s help.”
His third priority should perhaps be his second: strategic planning and restoring basic essential services like electricity and stabilizing the food supply. Still, Syria needs patriots to come home to help rebuild their nation.
Regardless, European nations have never had the resources to fund millions of asylum seekers. Thanks to former Chancellor Angela Merkel, Germany boasts the largest Syrian population in the EU. HALF of all welfare recipients in Germany are of foreign origin or 2.7 million people. They have been comfortably living in Germany with no plans to return, in fact, 23% of Germany’s population is now migrants of children of migrants. This is one of the reasons we are seeing people turn to the AfD Party as the people do not want to subsidize the lives of millions who no longer even qualify as refugees.
Breitbart reported the same sentiments among refugees living across Europe. As one UK-based refugee stated: “After seven years of living in the UK, I don’t think I will go back… Some of those now in charge of Syria were members of al-Qaeda just a few years ago. I don’t think Syria is safe now, in a few months and possibly not even in a year.” The cost of supporting each refugee has spiked to 41,000 pounds per year.
Ideas such as free air travel back to Syria and cash incentives have been thrown around, but that does not outweigh the luxury of living in a developed nation free of charge and often above the law.
Posted originally on Dec 19, 2024 by Martin Armstrong
Two-thirds of American dairy farms have been eliminated within one generation. Cows produce dangerous emissions and have no place in modern society, according to the World Economic Forum and climate change proponents. We are seeing a drastic decline in dairy farms across the world thanks to this mentality. The latest crackdown on dairy farms comes from new regulations by the U.S. Department of Agriculture that demand dairy cattle be tested for the bird flu or H5N1.
There has not been a single case of a person falling ill with the bird flu from drinking milk. Yet, the USDA insists farmers comply with their guidance that is no longer mandatory. The World Health Organization managed to work its way into the situation too as they have criticized the lack of testing. Again, no one has fallen ill from drinking milk. There may have been cases of infection in farmhands who had direct contact with cows, but there is not a single case proving anyone contracted H5N1 in this manner.
This won’t prevent the government from spending recklessly on testing as they have already set aside $200 million. The USDA will ship samples to the National Animal Health Laboratory Network (NAHLN) for testing. Then, the Commodity Credit Corporation (CCC) stated they set aside $824 million in emergency funding for response and diagnostic efforts.
US Agriculture Secretary Tom Vilsack said that widespread mandatory testing “will give farmers and farmworkers better confidence in the safety of their animals and ability to protect themselves, and it will put us on a path to quickly controlling and stopping the virus’s spread nationwide.” The virus is not spreading through the milk supply so why are they so eager to begin this program?
Better yet, the USDA is offering farmers a measly $75 payment for personal blood and nasal swab samples for the CDC. The government has also said it would provide funding for farmers with infected cattle.
Is this another excuse to add regulations to agriculture? Could there be ulterior motives here? The New York Post said that it is “unclear” whether this program will continue under Trump.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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