Category Blogger Martin Armstrong

Mar 16 2026

Canada Quietly Turns Back to Nuclear as Net Zero Collides With Reality


Posted originally on Mar 16, 2026 by Martin Armstrong |  

Nuclear2 2166 1719912697

For years, politicians across the Western world have insisted that windmills and solar panels would power the future while reliable energy sources were dismantled in the name of climate policy. Now reality is beginning to intrude. Canada is preparing to unveil a national electricity strategy centered on expanding nuclear power as governments confront a basic problem they ignored for years — electricity demand is rising far faster than their green policies ever anticipated.

Artificial intelligence, data centers, and electrification mandates are dramatically increasing power demand across North America. At the same time, governments closed coal plants, restricted natural gas, and stalled nuclear projects for ideological reasons. The result has been rising electricity prices and growing concern about long-term energy security.

Canada is now quietly acknowledging what engineers and economists have been saying for years. Nuclear powerremains one of the few reliable baseload energy sources capable of supporting a modern industrial economy. Several new reactors are already planned or under construction, and the government’s upcoming strategy is expected to accelerate those projects.

Canada is building a new generation of nuclear reactors known as small modular reactors (SMRs). The most important project is the Darlington New Nuclear Project in Ontario. Ontario Power Generation has begun construction of the first BWRX-300 small modular reactor at the Darlington site, with the reactor expected to come online around 2029–2030.

The Darlington project is significant because it is expected to become the first grid-scale SMR operating in a G7 country. The government has approved a full fleet of four SMRs at the site, which together could produce about 1,200 megawatts of electricity — enough to power roughly 1.2 million homes. Each reactor is a GE Hitachi BWRX-300 design that produces around 300 megawatts of power and is smaller and less complex than traditional nuclear plants, which is intended to reduce construction costs and speed up deployment.

At the same time, Canada is completing major refurbishment projects on existing nuclear plants such as the Darlington Nuclear Generating Station. This refurbishment extends the facility’s life for decades, preserves thousands of jobs, and continues to produce reliable baseload electricity.

Beyond individual projects, the Canadian government is preparing to release a national electricity and nuclear strategy to accelerate nuclear development and provide investors with clearer policy direction as electricity demand rises sharply.

This shift exposes the contradiction that has defined Western energy policy. Governments attempted to restructure entire energy systems based on political narratives rather than economic reality. Now they are discovering that the industrial world cannot function without stable, large-scale electricity generation. The return to nuclear is less about environmental policy and more about economic survival.

WEC.2025.5 rotated

I will be speaking in Vancouver on March 31 at the 2026 World Outlook Conference. The discussion will be tailored to the Canadian investor, as it is paramount to understand what is on the horizon. The next few years will be volatile to say the least, and the best we can do is to prepare for what is to come. I have refrained from sharing the full scope of the glaring Turning Points and Panic Cycles flashing on Socrates, but I am prepared to give attendees the full story.

Mar 16 2026

America Taps Venezuela for Rare Earth Minerals


Posted originally on Mar 16, 2026 by Martin Armstrong |  

Rare Earths

The press is reporting that Venezuela is opening its mining sector to American companies, allowing foreign investment to extract gold, diamonds, and rare earth minerals after the National Assembly approved the first step in rewriting the country’s mining laws. The reform extends mining concessions from 20 to 30 years and allows international arbitration in disputes, clearly designed to attract Western capital that had previously been locked out under the old socialist system.

The real story is rare earth minerals and the global race to secure them. Washington has already authorized transactions involving Venezuelan gold through the state mining company Minerven and is working to bring American mining firms into the country. The move comes after the United States began reopening Venezuela’s oil sector to American companies as well, signaling that the real objective is securing access to resources that have become strategically vital.

The deeper issue is that the United States does not control the resources it needs to maintain its technological and military dominance. Rare earth minerals are essential for missiles, fighter jets, radar systems, electronics, and advanced manufacturing. As I have explained before, America’s defense supply chain depends on materials it does not control. That is a serious vulnerability in any geopolitical confrontation.

China dominates the global rare earth supply chain, accounting for the majority of production and refining. In fact, China supplied about 71% of U.S. imports of rare earth compounds and metals in recent years and controls much of the processing capacity for these materials. These minerals are not just another commodity. They are the foundation of modern industrial technology, electric vehicles, renewable energy systems, and the entire defense sector.

This is why Washington has been quietly pursuing mineral deals around the world. The United States has already secured preferential access to Ukraine’s mineral resources, which include significant deposits of graphite, titanium, lithium, and rare earth metals. Ukraine holds roughly 5% of the world’s critical raw materials, making it strategically important in the mineral race. The mineral agreement between Washington and Kyiv was never just about economic reconstruction. It was about securing long-term access to materials needed for modern industry and military technology.

Japan has also been drawn into this geopolitical struggle. After China restricted rare earth exports in the past, Tokyo began aggressively diversifying its supply chain and securing new mineral partnerships to reduce dependence on Beijing. The entire world is now scrambling to secure access to the materials that underpin modern technology.

Venezuela now enters that equation. The country is believed to possess significant untapped mineral deposits. If these resources are opened to Western investment, it will provide another potential supply source outside of China’s control. That is why this move is important. It is not about reviving Venezuela’s economy. It is about the strategic mineral competition that is quietly reshaping global politics.

Behind every war and every geopolitical confrontation lies the same fundamental issue – resources. Oil dominated the last century. Rare earths and critical minerals will dominate the next. The United States understands that its technological future depends on securing these materials, and that explains the sudden interest in places like Ukraine and now Venezuela.

The public hears about democracy, sanctions, and diplomacy. But the real game is being played beneath the surface. Control the resources and you control the future of industry, defense, and economic power. Venezuela’s coerced decision to open its mineral wealth is just another move on that global chessboard.

Mar 16 2026

The US Economy Slows as War Risks Rise


Posted originally on Mar 16, 2026 by Martin Armstrong |  

GDP 3

The latest GDP numbers show that the U.S. economy slowed far more than expected as we closed out 2025. According to the revised data, Q4 GDP expanded at just a 0.7% annualized pace, sharply lower than the original 1.4% estimate and dramatically below the 4.4% growth seen in the third quarter.

This sudden deceleration is not a small revision. Data signals that economic momentum was already fading before we entered 2026. Consumer spending was revised down significantly, government spending collapsed due to the 43-day shutdown, and exports also declined. The key measure of domestic demand, final sales to private domestic purchasers, slowed to just 1.9%, down from 2.9% in the prior quarter.

For the full year, the U.S. economy grew about 2.1% in 2025, down from 2.8% in 2024, confirming that the economy has already been losing momentum. When you look at the quarterly pattern, the shift becomes clear. Growth surged at 3.8% in Q2 and 4.4% in Q3, only to suddenly collapse to less than 1% as we moved into the final months of the year.

At the same time, inflation has not disappeared. The Federal Reserve’s preferred inflation gauge shows core inflation running around 3.1% year-over-year, well above the Fed’s 2% target. That means the economy is now slowing while inflation remains stubbornly elevated.

The labor market is also beginning to reflect the shift. Job growth has slowed significantly, and some reports indicate monthly job losses are beginning to appear as businesses become more cautious heading into 2026. When GDP weakens and employment softens simultaneously, it typically signals that the business cycle is turning.

But the bigger issue moving forward is war. The United States and its allies are now entering a major geopolitical conflict environment with the ongoing confrontation involving Iran. Rising oil prices tied to that conflict are already beginning to ripple through the global economy. Energy shocks historically feed directly into inflation while simultaneously slowing economic growth.

That is why the coming quarters could become increasingly volatile. Economic growth is already weakening while inflation remains above target. If energy prices surge due to war or supply disruptions, inflation will rise again as the economy slows further. That is the textbook setup for stagflation.

From a cyclical perspective, this aligns with what the Economic Confidence Model has been warning about. The period into 2026 was always expected to be a turning point as capital flows shift globally amid rising geopolitical tension. War has historically been one of the biggest disruptors of economic growth, and once energy prices rise sharply, the ripple effects quickly spread through transportation, manufacturing, and food prices. In other words, the slowdown we are seeing now may only be the opening stage.

Mar 16 2026

The Strait of Hormuz


Posted originally on Mar 16, 2026 by Martin Armstrong |  

Strait of Hormuz

There is a critical failure in the Neocons’ playbook. They assumed that Iran would NOT close the Strait of Hormuz, for they assumed that they would line it with mines and physically close the waterway, which would be suicidal for them as well. Still, they sought out and destroyed several of their mine laying ships. But Iran has been able to close the Strait with just threats. Ships headed to China are passing with no problem and the US is not doing anything about it fearing (1) it would be confrontational with China, and (2) it would cause oil prices to rise even higher. Iran attacks ships selectively. That is the fear tactic that has shut the Strait without mines or Iranian naval ships.

Armstrong on war never ends

Our greatest problem here is that we DO NOT know what the goal of this war is supposed to be. Trump has said regime change, end nuclear weapons, as well as degrade the Iranian military. As long as he does not clearly state what is the objective, then this leaves the door open to declare victory and exit. If he says it was just to degrade the military, then he can declare victory and end it tomorrow. Bur why then assassinate the Ayatollah? That made it seem to be the regime change and calling to the people to rise up was in line with that. Iran has stated that it 400 kg of uranium is under ruble. If that is true, then the nuclear argument is off the table. Yet to do either the regime change or the seizure of the nuclear material will necessitate boots on the ground and there is no real support in America for that.

Netanyahu whispering Trump 1

No matter what the truth may be, the perception remains that this is Israel’s war and we have participated in the targeting and killing of the Ayatollah, which was Israel’s policy of decapitation.

Apocalypse fears, once associated with the fringes of society, are now commonplace across North America—and are shaping attitudes towards perceived threats. New research has revealed just how widespread these beliefs have become, fueled by climate change, geopolitical instability and rapid advancements in artificial intelligence. Belief in the end of the world is surprisingly common across North America, and it’s significantly influencing how people interpret and respond to the most pressing threats facing humanity. This is becoming a dominant concern with many viewing the Middle East war as leading to Armageddon.

Mar 16 2026

Oil & Religion


Posted originally on Mar 15, 2026 by Martin Armstrong |  

2026_03_15_09_33_02_IEA_announces_record_oil_stockpile_release_over_Iran_war_supply_disruptions_Re

QUESTION: Marty, looking at Socrates, it does not show that this release of 400 million barrels of oil will do much. Am I reading this correctly?

ANSWER: The International Energy Agency released 400 million barrels of oil into the global market, the largest release of emergency oil stocks in history. This is just for show. However, it actually makes things far more vulnerable. This is all predicated on a quick victory with the conquest of Iran. If that assumption is wrong, this will not help.

1. MATHEMATICALLY INSUFFICIENT (won’t even cover 2-3 months of lost supply)
2. STRATEGICALLY STUPID (leaves U.S. vulnerable to future crises)
3. POLITICALLY DESPERATE (election-year panic move)
4. ECONOMICALLY FUTILE (treats symptom, not disease)

Let’s get real. Global oil consumption is about 100 million barrels/day (mb/d). U.S. consumption is about 20 million barrels/day. The disruption of the Strait of Hormuz supply affects about 21 million barrels/day (21% of global supply).  Releasing 400 million barrels at the global consumption rate would last 19 days (400M ÷ 21M/day). There is no way this will calm markets in the long term.

2026_03_15_09_31_39_Trump_admin_invokes_Defense_Production_Act_directs_oil_company_to_restart_Calif

As I have been warning since the turn in the ECM in 2024, the US would enter STAGFLATION but Europe would be more of an economic Depression. The Marxist agenda of the EU oppresses the economy and it has posted the lowest economic growth of the major powers in the world. They hatred of the rich and insistance on exploiting them is why the economic growth is pathetic. As I have said, the capitalization of just the NYSE is nore than all the exchanges of Europe, including London, combined.

The Trump administration has wisely invoked the Defense Production Act and had overriden California which shut down offshore oil operations in California.  Trump has wisely addressed oil supply disruption risks and reduce reliance on foreign crude by increasing domestic production. Releasing 400 million barrels is just not a real solution.

The Trump Administration has directed Sable Offshore Corp., an oil and gas company headquartered in Houston, to restore operations at the Santa Ynez Unit and the Santa Ynez Pipeline System off the coast of Santa Barbara. Failing to do so allows Iran to engage in a supply war like the 1970s. Trump is also lifting sanctions on Russia. The best thing to come out of this Iran War is to put a check against Zelensky.

I am still concerned about June/July. While President Trump said “Iran wants to make a deal, and I don’t want to make it because the terms aren’t good enough yet,” on NBC on Saturday, saying that a “very solid” agreement would have to include a commitment by Tehran to abandon nuclear ambitions. However, the Iranian Foreign Minister Abbas Araghchi said the Islamic Republic is open to “any regional initiative that leads to a fair end to the war,” according to an interview published by the UK-based Al-Araby Al-Jadeed news website on Sunday.

Regime Change

Let me cut through the diplomatic bullshit and tell you what’s really happening: Netanyahu is absolutely pushing for regime change in Iran, and Trump is going along with it. But the relationship is more complex than simple puppet-master dynamics.

NETANYAHU’S POSITION has been clear and consistent. He wants the complete destruction of Iranian regime (not just nuclear program, not just military degradation—REGIME CHANGE). He has wanted this for 40+ years (documented, consistent). He has stated this explicitly multiple times in recent months (post-Feb 28 strikes). The first strike was to implement his insane policy of DECAPITATION assuming that would cause the government to collapse assassinating Khamenei and the IRGC leadership.Let’s be clear. That is not “deterrence,” that’s REGIME CHANGE operation and Trump agreed.

Netanyahu whispering Trump 1

TRUMP’S POSITION looking at his public statements, suggests  “maximum pressure,” “they must change behavior.” He has also made occasional regime change hints. His actions are consistent with regime change decapitation strikes, “every weapon” threats, no clear offramp for Iran. This presents the problem of no exit strategy all based on the assumption Netanyahu whispers in his ear that DECAPITATION will succeed. Yet, Trump is also transactional might accept “deal” if Iran capitulates completely, but that does not see likely based on our computer models. Netanyahu absolutely in his ear, but Trump has own motivations (political, ego, strategic)

The real question is: Why is Trump doing this BECAUSE Netanyahu demands it, or are their interests ALIGNED? It appears that Trump and Netanyahu both want regime change, yet for independent motivations. Netanyahu has been pushing Trump further/faster than Trump would go alone.

Netanyahu does have domestic US support he is using against Trump. The Evangelical base (30-40% of Trump’s coalition) are fanatically pro-Israel, see Iran as biblical enemy as the Amalek of 1 Samuel 15:2-3! Then there are the domestic Jewish donors who are also major Republican funding such as Sheldon Adelson’s widow Miriam, others—billions at stake. There is also the AIPAC influence, which is a powerful lobbying group that can make/break candidates. Add to this, the media support, which spins the Neocon agenda and is Pro-Israel amplifying Trump when he’s tough on Iran.

Fall of Constantinople 5 29 1453

The Byzantine Empire did try to defeat the early Arab-Islamic Caliphates and lost a significant portion of its territory. However, the Empire managed to survive, fight back, and eventually reclaim some of its lost lands. Yet the conflict was not a single, short war but a protracted series of campaigns known as the Arab-Byzantine wars, spanning over four centuries from the 7th to the 11th century. The outcome was a mixture of catastrophic defeat and eventual resurgence. They conquered Constantinople and the last emperor died fighting on the walls trying to save the last remanent of the Roman Empire.

This war is pushing the system over the edge and at stake will indeed be the 2026 Midterm Elections. The vast majority of congressional Republicans are publicly supportive of President Donald Trump’s decision to launch a war on Iran. This does not help matters. My concern is that nobody seems to comprehend that this is NOT the same as Iraq. Saddam was just a head of state. This is a religious war as was the case in Afghanistan. There is no historical precedent for winning such a war when the core is to undermine or destroy a religion.

Mar 15 2026

Iran – the Next Afghanistan & Vietnam


Posted originally on Mar 14, 2026 by Martin Armstrong |  

ECM Islamic State Wave 10

QUESTION: Marty; I was rereading the Middle East report from the 2023 WEC. You had everything pointing to this starting in 2025. Even your Wave 10 on Islam pointed to 2025. Do you still see this ending bad for Israel and a broadening war? It is obvious, the press is told to stay far away from you because they do not like your computer’s forecast. They treat you like they did Kondratieff because Stalin did like his cyclical forecast either.

HG

Cat sees lion in mirror

ANSWER: Unfortunately, yes. Israel’s Iron Dome has failed. Netanyahu is a Neocon. He has over estimated his own position and assumes dragging in the United States ensures total destruction of Iran. The Neocon believe their own BS that the USA has the strongest military and nobody can defeat them. That arrogance is their downfall. They assassinated the Ayatollah following Israel’s policies which are dead wrong. The new Ayatollah is now much more anti-West and pro-nuclear weapons as the only deterent against Israel.

The hardline position of Iran has been made clear by the new Supreme Leader, Ayatollah-ul-Uzma Mojtaba Khamenei, following his ascension to power after the US and Israel assassinated his father. In a formal statement delivered via Swiss intermediaries, Iran presented a three-point ultimatum to the United States, demanding:

  1. – Complete withdrawal of all U.S. military forces from the Middle East within 30 days
  2. – Immediate lifting of all sanctions on Iran
  3. – Payment of $500 billion in compensation

The deadline for compliance is April 10, 2026. If unmet, Iran threatens to:

  1. – Close the Strait of Hormuz to all maritime traffic
  2. – Pursue nuclear weapons development, including possible deployment
  3. – Allow China and Russia to establish military bases on Iranian soil
US Israel vs Iran China Russia

The arrogance of the Neocons who judge the world through the eyes of their perceived power like some bully in the school yard, completely fail to understand not just what they have done, but the very soul of their adversary. Iran’s new leadership has shown ABSOLUTELY no willingness to soften its stance toward the West, despite significant onslaught of this military attack. I have warned that I would turn this into a proxy war to drain the United States. Reactions have been swift as both China and Russia have publicly backed Iran’s “legitimate security concerns.” Indeed, this is about regime change and the destruction of the Islamic Republic. As always, the Neocons in their mind paint their adversary as ruthless and the people will rise up to overthrow their government. That did not happen in Iraq and the spun the same exact nonsense.

Global markets reacted sharply, with oil prices surging nearly 20% and the S&P 500 has entered the correct phase the computer projected. Trump has been suckered into this quagmire and there is no victory on the horizon. A leaked White House document acknowledges that military strikes have achieved tactical but NOT strategic success. It is absolutely IMPOSSIBLE to win this war from the air. The Neocons know that Trump does not like to lose and will use this character trait against him to send in boots on the ground. They do not care how many soldiers die and they will always lie just to win like the Weapons of Mass Destruction.

Iran has issued its own ultimatums:

  1. To international shipping nations: Allow safe passage through the Strait of Hormuz only if they expel U.S. and Israeli diplomats
  2. To Azerbaijan: “Expel the Zionists” from its territory or face military consequences—a demand Baku has rejected as a violation of international law.

These moves reflect a broader pattern of using diplomatic and economic leverage amid military vulnerability, with Tehran attempting to shift pressure onto global powers while maintaining a defiant posture. The US now stands to risk the entire Middle East and this war will by no means be short and sweet.

history buries all empires in a common grave 1

Every empire in decline has a moment where it CHOOSES between strategic restraint (accept limits, preserve strength) and imperial overreach (one more war to prove dominance). Rome chose overreach (endless Germanic wars, Persian campaigns) → collapse. Britain chose restraint (post-WWII, liquidated empire peacefully) → survived as smaller power. USSR chose overreach (Afghanistan) → collapsed. The U.S. is at that choice point RIGHT NOW. Iraq and Afghanistan were warnings. Iran is the test. Choose overreach → follow Rome and USSR into history’s graveyard. Choose restraint → painful but survivable transition to multipolar world. The cycles are clear. The choice is ours. The Neocons always choose power, never wisely. Israel is making the same fatal mistake. Its future looks grim post-2028 for it is always the arrogance of power that ensures history buries all such empires in a common grave.

Mar 15 2026

Happy Pi Day


Posted originally on Mar 14, 2026 by Martin Armstrong |  

Happy Pi Day
House Maple Shared 314 South Lippincott Ave

Talk about destiny: I even grew up at 314 South Lippincott Ave, Maple Shade, NJ.

Mar 14 2026

Interview: Attacking Water in Iran Can Bring Out Nukes


Posted originally on Mar 14, 2026 by Martin Armstrong |  

Mar 14 2026

Agriculture & Global Cooling


Global Cooling

Posted originally on Apr 22, 2018 by Martin Armstrong

WHCBT Y Array 2017

QUESTION: Mr. Armstrong; Are you familiar with Professor Easterbrook of Western Washington University who agrees with you and is projecting a decline in temperatures for the next three decades? It seems that those who simply claim that it has been getting warmer live in a bubble of biased news. One even said to me that it has been getting warmer for the past 10,000 years because of civilization. I asked what was the solution? Should we just commit suicide to save the planet? Just can’t understand these people who deny there are cycles within every trend.

LR

Phanerozoic_Climate_Change

ANSWER: I know. We are closer to the lows than the historic highs in temperature. Our model does agree with Professor Easterbrook that the immediate decline in temperatures should extend out for about 43 years from 2007. It was unseasonably cold in Florida and snowed in the northern regions also for the first time since the Blizzard of 1899 and even that was about 120 years before. It was excessive snow and gold in Britain, Japan, and China, as well as Russia. They ignore these reports as one-time flukes.

The Global Warming crowd tries to deny that there are also cycles set in motion by the Sun and they attribute everything to human activity. Nobody wants air we cannot breathe. I lived in London back in the 1980s when the busses were blowing out diesel. It was horrible. But to stop pollution by distorting history or claiming the trend is really warmer for 10,000 years is the danger. That is like saying the Dow Jones Industrials is only in a bull market since 1932 pretending there are no corrections.  We must understand that nature is bigger than we are and the Sun just maybe the majority of climate change.

800,000-year Ice-Core Records of Atmospheric Carbon Dioxide (CO2)

Global Warming Cyclical

There have simply been historical periods with far greater amounts of CO2 than today. Pollution is a separate issue from blaming everything on CO2. There is absolutely NO EVIDENCE that CO2 changes the climate. The ice core sample demonstrates that there have been periods of significantly higher levels of CO2 before civilization. There is a natural cycle of everything. Their analysis is always to deny a cycle and presume whatever trend is in motion will remain in motion. With this analysis, I am alive today the same as yesterday so therefore this trend will last forever.

Mar 14 2026

Always Kill the Assassin


Posted originally on Mar 13, 2026 by Martin Armstrong |  

Caracalla AE Sestertius Addressing the Troops RIC 525a

QUESTION: You said they always kill the assassin when there is a conspiracy. I think you said that about the attempted assassination of Trump. You also said that about Oswald and Epstein. You said the only question about Epstein you wrote “When will Epstein be found Dead? Before or After a Deal?” I know you are a history buff. What is the precedent for this plot?

Jake

ANSWER: This is pretty standard throughout history. The Roman Emperor Caracalla was assassinated in just such a conspiracy. A disgruntled soldier named Justin Martialis, whom future emperor Macrinus had recruited to assassinate Caracalla so he would become emperor. The soldier stepped forward and stabbed Caracalla to death. Martialis was immediately killed by one of Caracalla’s bodyguards, conveniently silencing the direct link to the conspirators. The primary conspirators also included two tribunes of the Praetorian Guard.

Nero Agrippina Jr

After the failed boat trap intended to kill his mother, Agrippina Jr., Nero had Anicetus kill her. To provide cover, Nero framed Agrippina’s freedman, Agermus, as an assassin and had him killed, claiming Agrippina’s murder was a suicide resulting from her own failed plot.

Killing the assassin ensures their silence. Oswald was killed to prevent any trial. His wife had said he was innocent, but was intimidated by the FBI. While everyone is focuses on Epstein and the people who flew to his island, that is all the distraction and it’s a good one as people think they are protecting “pedophiles.” It was a blackmail ring. The real question is who was this for. It was not for fun. All the people were high profile. They characterize the girls who accepted money and gifts somehow did not understand at 17 this was prostitution? That knowledge only comes at 18?

Epstein Maxwell Email
Maxwell Robert

I have said before that Maxwell was part of the Club. Robert Maxwell did not simply “lose” money before he died; he stole approximately £460 million from his own companies’ pension funds to prop up his failing business empire. These were indeed the pension savings of his employees. While there is substantial evidence of his deep and questionable ties to Soviet/Russian intelligence, the money he stole was used to cover his massive personal and corporate debts—not directly to “manipulate Russia,” though his espionage activities were likely a significant financial drain.  Maxwell died on November 5th, 1991. This was linked to the Russian 1991 coup against Gorbachev. Epstein points out that he tried to blackmail Israel for £400 million. That probably served the justification for his death. Bill Browder was Maxwell’s right hand man covering Russia. He then went into partners with Edmund Safra and formed Hermitage Capital Management. That was the company I was solicited to put in $10 billion and I refused.

72 Russian Revolution 1917 1989


Russia experienced a profound and multifaceted financial crisis in 1991. However, it’s crucial to understand that this was not just a financial crisis in the modern sense; it was the total economic collapse of the Soviet Union, which led to the state’s dissolution in December of that year.

This crisis was a complete breakdown of the Soviet system, characterized by the failure of its core institutions. Here is a breakdown of the key dimensions of the 1991 crisis. The central government literally ran out of money. By late 1991, the Soviet state bank (Gosbank) could no longer meet its financial obligations. The Soviet Union was on the verge of defaulting on its foreign debts, with the foreign trade bank (Vnesheconombank) running out of cash

Kryuchkov Coup Time Will Tell

I wrote in the Plot to Seize Russia that Maxwell was widely suspected of being a triple agent, with links to MI6, the Israeli Mossad, and the Soviet KGB. The coup against Soviet leader Mikhail Gorbachev occurred in August 1991. It began on August 18 when he was placed under house arrest and officially commenced on August 19, collapsing just a few days later on August 21. Maxwell brokered a deal to support the 1991 coup in Russia in return for the release of all Russian Jews so they could migrate to Israel. When the coup collapsed, Maxwell was on the wrong side.

The evidence suggests his relationship with the Soviet state was one of mutual benefit. He gained unparalleled access and prestige, while they gained a useful asset with access to Western leaders and information. The money he stole was to cover the debts of his business empire, which was likely financially weakened by the costs of his espionage activities and his prestige-driven, often unprofitable, global ventures. His espionage was a separate but parallel operation to his business fraud.

Maxwell lost at sea 1991

I believe Maxwell took a swim aided by Mossad to ensure he was silenced. Browder abandoned ship, and the Neocons looked to blackmail Yeltsin to step down sticking in Boris Berezovsky as their puppet to run Russia. Eventually, his bodyguard said Berezovsky dod not commit suicide, he was killed by MI6 to cover up the plot to seize Russia.

1 Attack Coma 3 days

They will never allow a trial when something behind the headlines will surface. In my own case, I had ZERO restitution because to impose restitution you still have to get  trial. I could have called all the bankers to the stand. They already tried to kill me. I was in a coma for three days but survived. They could not allow any trial that would expose their involvement with the bankers to take over Russia.  The bank’s involvement with the US Treasury et al shipping billions to Russia in case would have also been fully aired.

Money-Plane NY Mag 1996 Cover
Money-Plane NY Magazine
Money-Plane-2
Money-Plane-3
Money-Plane-4
Money-Plane-5