China & the Future


Armstrong Economics Blog/Armstrong Economics 101

Posted Dec 1, 2022 by Martin Armstrong

COMMENT: Hello Marty !!
It looks like the ” China as a parking lot for cash has already begun. FXI going to the moon of late in spite of Xi & Co. cutting off their own economic foot to hide behind their troubles and blame it on the darn protestors to the folly, by golly. One thing I’ve learned over the years from you is that when one (You) declares things are gonna get nuts (from a guy who has seen way more then his share), don’t blink when human events exceed the retardation level of insanity (NOW!)

Thank You for your take on reality and truth, it is setting many free, and these are those who will pick up the pieces once the warring factions beat each other silly and dead.
Very Best Martin, much respect!

GB

REPLY: I know a lot of people do not like our forecast that post-2032 China will emerge as the Financial Capitol of the World replacing the United States. Some argue against me citing the protests and the form of government. Let me state as clearly as I possibly can. DO NOT assume that the current government in China will survive any more than the United States or Europe.

The last major political collapse was the birth of the United States, the French Revolution, and the surrender of the supreme power of the monarch in Britain and elsewhere. It was the fall of the monarchy and the world turned to a Republic.

I would like to see the world turn to reach democracy where We the People actually decide to go to war rather than these corrupt politicians who take bribes.

The fall of the United States is underway. The nation has become polarized and next will come separatist movements just as in the American Civil War which took place 86 years into the cycle (10 * 8.6) from 1775/6.

Video Player

00:00

07:08

All of this talk of a One World Government will end war is absurd. The former President of France stood before the EU Parliament and stated that was the same idea that led to the creation of the EU. One European government would prevent European war. Now they are trying to accomplish this using the United Nations.

Obviously, these people lack any understanding of history. Yes, Rome was one government and it lasted overall for 1,000 years. However, it had many civil wars and it even split into three empires during the 3rd Century.

Perhaps you will recall after the assassination of Julius Caesar in 44BC, Mark Antony and Octavian (Augustus) were together and waged civil war against Brutus and others. Then they too split and waged yet another civil war with Mark Antony and Cleopatra v Octavian and his general Agrippa.

Augustus became the first emperor in 27BC and then the Julio Claudian Dynasty lasted until the death of Nero in 68AD. Then another civil war unfolded. The empire then survived until the assassination of Commodus in 192AD launching yet another civil war that lasted 4.4 years until the rise of Septimius Severus. The death of his son Caracalla in 217AD sparked another battle for the throne for 2 years.

Obviously, one government doe NOT guarantees peace. The utopian nonsense these people are talking about is all a thirst for raw power and even the end of a Republican form of government where we the people will have no right to vote at all. Schwab and his WEF make it sound this is all for your benefit rather than those like Schwab who just want to control everything and everyone.

So when I say China will become the next Financial Capital of the World, make no assumptions. What we think is the solid world of politics as it is today will be no more on a global scale.

CHINA’S EPIC ANTI-COMMUNIST UPRISING EXPLAINED! | Louder with Crowder


Steven Crowder Published originally on November 28, 2022

The CCP implemented one COVID-zero policy too many, and the Chinese people are revolting. We’ll cover the latest on the protests and say goodbye to Anthony Fauci. Also, Disney learned once again when you go woke, you go broke. And Alyssa Milano is an idiot. #China #Disney #Fauci

Largest iPhone Factory Hires 100K Employees after Lockdown Scare


Armstrong Economics Blog/China Re-Posted Nov 21, 2022 by Martin Armstrong

Apple iPhone 14 production slowdown from the Foxconn manufacturing plant in China continues. A high percentage of workers fled the world’s largest iPhone factory as soon as the lockdown went into effect. Reports state that the site, only weeks ago, that Foxconn looked like an abandoned center piled high with workers’ belongings as the government simply tossed all dissenters’ possessions out of windows to be discarded. That is how quickly people had to flee. Foxconn had to recruit 100,000 new employees after the incident.

The Chinese recall horror stories from past lockdowns, only a few months ago, where food and aid were not available, and the government could not properly ration essentials.

China’s business confidence survey from October showed that 55% of companies lost confidence in doing business in China in the short term. The Zero COVID policy is scaring business from China. Yet, China’s refusal to forego COVID restrictions points to a bigger problem. The banks are in the midst of a liquidity crisis, printing money is not an option, and lockdowns are an effective way to control the population’s movement.

Millions of Chinese on Lockdown


Armstrong Economics Blog/China Re-Posted Sep 7, 2022 by Martin Armstrong

At least 65 people are dead after a 6.8 magnitude earthquake rocked the province of Sichuan. This comes as 21 million people in Chengdu are confined to their homes as China has placed yet another city on a strict lockdown to adhere to its zero COVID policy. In fact, 65 million people in 33 cities are on some level of lockdown in China.

The government places more concern on COVID than an actual natural disaster. Lockdowns create a domino effect. People began panic buying supplies after seeing the starvation and extreme rationing that occurred during the last lockdown when the government was unable to adequately provide supplies to those they confined. Businesses will suffer immensely. Children in at least 10 provinces will be unable to attend school until everyone tests negative for the virus.

Drones are flying around Chengdu, reminding the people to stay inside and obey. This is an example of what could happen when government has complete power over the people. It can also affect the global economy, as we saw when Shenzhen entered a lockdown, closed the ports, and prolonged the supply chain crisis. Government’s abuse of power is yet another reason why it is hard for the central banks to forecast economic recovery. According to our computers, the recovery will be a slow

Chinese Protestors Escape Facial Recognition with Lasers


Armstrong Economics Blog/China Re-Posted Aug 25, 2022 by Martin Armstrong

Welcome to the new world. Protestors in China have cleverly found a way to avoid police facial recognition software by pointing an array of lasers at the police. China has perhaps the most extensive facial recognition of any country. SenseNets, a facial recognitional company in Shenzhen, experienced an internal leak in early 2019. The database contained detailed information on over 2.5 million people, including their addresses, IDs, birthdays, and their movement around the country. Over 6.8 million locations were revealed during the leak, leaving everyone in the software completely exposed to hackers who could determine their exact location.

The government is not merely tracking the movement of criminals as everyone will eventually become part of a facial recognition database. China took measures a step further in 2020 by issuing each individual a social credit score that rates how well an individual adheres to the government. We are not free when the government can restrict our movements and assign us a score based on their personal criteria. Facial recognition software is extremely dangerous. Hackers made little effort to access SenseNets files, and in the wrong hands, anyone could be hunted down.

Although they’re less upfront about their plans, other countries plan to follow suit. Canada is rolling out its Digital Identification program, and the World Economic Forum has been advocating for advanced tracking measures. Expect additional tracking software to become commonplace throughout the modern world.

China Uses COVID Pass to Restrict Movement


Armstrong Economics Blog/Tyranny Re-Posted Jun 21, 2022 by Martin Armstrong

People believed that governments would use tracker apps solely for COVID purposes. Sadly, the Chinese are quickly learning the harsh reality – the apps were always intended to control the masses. Over $6 billion (39 billion yuan) has been frozen, and thousands of people are unable to access their bank accounts. A few banks in rural Henan reported bank runs, and residents were planning a protest after finding that their funds were frozen.

Conveniently, the COVID tracing app is required to enter the bank. Users need to scan their QR codes to enter most public places. It has been reported that thousands of COVID-negative individuals had their status changed via the app, restricting their movement and making public places inaccessible.

Numerous depositors were taken to quarantine camps. CNN reported on one individual who was forced to spend the night in a quarantine camp after his code falsely showed he came into contact or was infected with COVID. He was permitted to leave the following day, but since his code was still inactive, he was not permitted to board the train home. As the lockdowns have shown, government tyranny is certainly not restricted to China. If it happened there, it could happen anywhere.