Category Destruction of existing power generation system

Sep 22 2022

Interview WORLD FIRST: The Plot to Seize Russia, War Propaganda, and More


Armstrong Economics Blog/Armstrong in the Media Re-Posted Sep 22, 2022 by Martin Armstrong

Listen to my latest interview with Maria from Zeee Media.

Description from Maria:

World renowned economist Martin Armstrong joins us to break the story of the several-decade long plan to seize Russia, detailing how he has obtained declassified documents from the Clinton Administration, and how he was previously targeted for possessing this knowledge – which he is finally able to release.

Martin takes us through his encounter with an alleged terrorist from 9/11 while he served in prison, who was actually a Pakistani Christian that was framed by the US Government. We also discuss world events, war propaganda, and Martin’s insight into where we are heading.

Sep 20 2022

Live Interview with RT Moscow


Armstrong Economics Blog/Armstrong in the Media Re-Posted Sep 20, 2022 by Martin Armstrong

Live Interview with RT Moscow

I was asked to speak live on RT. Tune in to learn more about inflation, sanctions, war,  the energy crisis fueled by the Green Agenda, and the forever-changed world economy. click here to watch.

Sep 19 2022

Putin: Xi is On My Side


Armstrong Economics Blog/War Re-Posted Sep 19, 2022 by Martin Armstrong

China is no stranger to Western alienation and hostilities. Putin is looking to strengthen his alliance with China by affirming that Russia will adhere to China’s domestic policies as long as China repays the favor.  “We intend to firmly adhere to the principle of ‘One China’,” Putin stated as Taiwan has become a hot topic. Putin went on to say that he “condemns provocations by the United States and their satellites in the Taiwan Strait.” China was bordering on neutrality until recently coming under fire for its One China policy. China can now see itself in Russia.

Xi Jinping and Vladimir Putin met this Thursday in Uzbekistan for the first time since Russia invaded Ukraine. Both want to end NATO expansion and agreed to a “no-limits” partnership. Xi warned Biden at the beginning of the year that sanctions on Russia could cripple the global economy. The US warned China to stay out of its affairs but then provoked China by sending leaders like Pelosi to Taiwan. The New World Order first targeted Donald Trump in an effort to remove him from power. Putin is second on their list, followed by Xi.

China knows that the US is in a decline and is strategically placing its finances and policies accordingly. When I met with the central bank of China, they were not bureaucrats – they were traders. When I was asked by people in the US Treasury upon my return what it was like, I responded that they only hired people with experience. They sent everyone to work on trading desks around the world, and then they returned to China to run the central bank. The West hires academics who believe reading a few books is sufficient experience. Similarly, politicians no longer understand diplomatic relations and are willing to sacrifice the economy to uphold petty perpetual disagreements while demonizing opponents.

Sep 18 2022

DeSantis v Biden on Illegal Aliens


Armstrong Economics Blog/Immigration Re-Posted Sep 18, 2022 by Martin Armstrong

Sep 17 2022

Operation Rolling Blackout: A California story


Habibi Bros. Published originally on Rumble on September 16, 2022 1,627 Views

The Habibi Bros discuss the Rolling Blackouts in California and the energy crisis around the world. Buckle up and grab your drink cause you are going to need it.

Sep 17 2022

Inflation Debate


Armstrong Economics Blog/Inflation Re-Posted Sep 17, 2022 by Martin Armstrong

Sep 17 2022

Putin & October


Armstrong Economics Blog/Politics Re-Posted Sep 17, 2022 by Martin Armstrong

Despite all the propaganda that was put out by John McCain, Putin was selected by Yeltsin because he was being blackmailed on the one side by the oligarchs in July 1999 and the communists on the other who introduced a motion in the Duma to impeach him for corruption that was related to the Bank of New York scandal.

Putin NEVER sought to resurrect the old USSR. In fact, he was the ONLY Russian leader to even criticize Lenin as just a bolshevik who destroyed a great empire of the Tsars. Lost in the pages of history, Russia at the time in 1917 had the largest gold reserves of any nation. Those gold reserves vanished and to this day have not been found. It was believed that they were hidden to prevent the Communists from seizing them.

Putin was there to restore Russia after the oligarchs plundered it and the Harvard boys who advised Russia on how to make the transition from Communism to Capitalism utterly never understood the most basic element of such a transition – the people. Putin’s most important achievement of his 20 years in power was restoring normalcy and stability to Russia. He went after the oligarchs and told them they could keep their money, but to stop interfering in politics.

The unwritten history that has been omitted from all books on the subject is that in 1991 when the USSR collapsed, NATO solicited Gorbachev to join NATO. That was one of the reasons there was a coup against him for the hardliners saw this would be a surrender of Russia to the USA. That is when Yeltsin stood on the tank and became President. Yeltsin was himself corrupt and he actually facilitated the rise of the oligarchs.

When Yeltsin turned to Putin out of desperation, the people cheered for Putin was neither an oligarch nor a communist. Despite the propaganda from the West, Putin truly enjoyed a 70%+ approval rating for the people neither wanted to lose all freedom to the communists and the oligarchs exploited the people to gain wealth.

Putin has refused to institute a draft to shore up Russian forces. However, despite all the propaganda that pours out of Ukraine, removing Putin will turn Russia very hard right and they are already criticizing Putin for being too soft.

There has been the strategy that inflation is rising and if Putin is smart, he will turn off the gas to Europe for the winter and show them how insane this is to (1) fuel a proxy war against Russia, and (2) push this Great Reset and the Green Agenda.

Basically, the hope remains that the West loses interest in supporting Ukraine as the costs rise. That’s been Russia’s hope and Ukraine’s dread before, but it seems more unlikely than ever at the moment before winter comes.

The most serious threat to Putin is losing the support of the elites. At the moment, Putin is the balance in the middle between hawks who want to see him crush Ukraine, and doves who want a peace settlement. As it stands now, the hawks would win for the West does not seek any peace and Zelensky says Kissenger is living in 1938 and refuses to yield one inch of territory to Russia. The Ukrainian Neo-Nazis instantly attacked the Donbas in 2014 and even put out a slogan that Crimea will be Ukrainian or Crimea will be depopulated. The hatred there is not going to ever vanish. The only reasonable solution is to allow the Donbas to vote, but since they are mostly ethnic Russians, Kyiv will never accept their vote.

It appears that the volatility will rise after this coming week. The Ukrainians may be forcing Putin’s hand to placate the Hawks since the Doves have been rejected by the West. NATO was Behind the Surprise Offensive In Kharkiv. Yet this victory for Ukraine was more of a staged PR event. The region was being held by local police units, not the Russian army which is in the South. Russia has achieved a 10:1 kill ratio against the Ukrainians in the region of the Donbas which is key. The Ukrainian forces that attacked Kharkiv were in effect a NATO army with the full support of Western intelligence and tactics. Because Kharkiv was held by police-type forces rather than the Russian army, it was clearly done for a PR event to raise morale and to get the West to send more money under the theory that Putin is on the run.

Sep 17 2022

DOJ Files Appellate Court Motion for Partial Stay Against Judge Cannon Ruling, DOJ Does Not Want Classified Documents Reviewed


Posted originally on the conservative tree house on September 17, 2022 | Sundance 

As the DOJ-NSD originally threatened, they have filed an appeal of the ruling by Judge Cannon in the Trump Mar-a-Lago document case. [Pdf Here]

The DOJ is requesting the 11th Circuit Court to intervene and “stay” or block a part of the ruling surrounding letting the Special Master, Judge Raymond J Dearie, review the “classified documents” and make an independent determination as to the validity of the DOJ-NSD claims.

Having read all the motions in the case, you can get a sense of the authorship from the motion.  From my perspective this effort appears to have been written by the Lawfare group and filed by their allies in Main Justice at the DOJ National Security Division (DOJ-NSD).  The bottom line is they really don’t want any outside party making a determination as to the status of the 100 “classified documents,” and/or consider if President Trump had previously declassified them.

The crux of their position is outlined in this part of the motion, which appears to hold a logical fallacy [pdf link Here]:

The framework of the appeal appears to be built on a false premise.  The DOJ argument is contingent upon the government not having the original documents, and the claim is made *AS IF* there is only one copy.  Even if this appeal is within the framework of a valid issue for an appellate court review (not a guarantee), when you apply commonsense the motion fails on its face.

The original documents are always retained by the originating agency.  No one, not even the President, sees original intelligence documents from within any agency creating the product.  Everything, including what President Trump would have seen while in office, and including any “read and return” version of the intelligence product, is a copy that stems from the originals.  As a result, the executive branch (DOJ) has access to the originals regardless of what copies they may have retrieved from Mar-a-Lago.

Once again, the DOJ -together with the internal intelligence agency, likely the ODNI- is claiming to be the arbiter of the “classification” status of the documents at issue.  If President Trump declassified those documents before leaving office (he did), the “classification” status, another underlying premise, is automatically moot.  This reality is the central flaw in the DOJ case and appears to form the basis for Main Justice to be so adamant against anyone else reviewing the documents.

So, there are two structural flaws: (1) There is more than one copy of the documents being argued, and the DOJ has access to the originals; and (2) the classified status of those documents is unknown (hence a special master), and if they were declassified the DOJ-NSD contention around them is automatically moot.

The Special Master appointed by judge Cannon is a former FISA Judge FISA judge.  Judge Raymond J Dearie likely has seen thousands of classified documents over the years, he is not a national security risk by reviewing another set of defined classified documents.  Additionally, the documents have been in Mar-a-Lago for almost two years, the urgency claims by Main Justice look silly.

The DOJ-NSD looks desperate and nonsensical in this filing because the arguments being made by the DOJ-NSD are desperate and nonsensical.

The currently presented legal conflict is essentially over a judicial ruling that -if implemented- resolves the legal conflict.  Therefore, there is no guarantee the 11th Circuit Court of Appeals will even take the DOJ motion under review.  The legal conflict seemingly resolves if the existing judicial ruling is applied.

We keep watching….

(New York Times) – WASHINGTON — The Justice Department asked an appeals court on Friday to let the F.B.I. regain access to about 100 sensitive documents taken from former President Donald J. Trump’s residence in Florida but did not try to block the appointment of an outside arbiter to review other materials.

In a 29-page filing, the department asked the appeals court not to submit the roughly 100 files marked as classified through the vetting process of the arbiter, known as a special master — acquiescing to the review for 11,000 other documents seized from Mr. Trump’s home and resort, Mar-a-Lago. The review has frozen the government’s access to the material as it investigates Mr. Trump’s handling of the documents.

“Although the government believes the district court fundamentally erred in appointing a special master and granting injunctive relief, the government seeks to stay only the portions of the order causing the most serious and immediate harm to the government and the public,” wrote lawyers with the department’s national security division.

[…] The Justice Department initially asked Judge Cannon to stay the portion of her order that blocked it from full investigative use of the 100 or so files with classification markings, but on Thursday she refused to do so. That prompted law enforcement officials to ask the U.S. Court of Appeals for the 11th Circuit, in Atlanta, to issue a stay instead. (read more)

Sep 17 2022

On The Radar, Wave 3 of Food Price Inflation Soon to Arrive


Posted originally on the conservative tree house on September 16, 2022 | sundance

You know that moment just before the tsunami hits, when the water is pulled out to sea?  Yeah, that.

Media are starting to realize what a destabilizing force ‘food insecurity’ can become as the pre-existing high prices are about to go even higher.

(WASHINGTON, Via The Hill) – […] the five items that have seen the largest year-over-year price increase based on the latest report from the Labor Department, and how much the price has changed: Eggs 39.8%, Margarine: 38.3%, Butter: 24.6%, Flour/prepared flour mixes: 23.3%, Olives, pickles, relish: 19.4%

Many of the items listed in the Consumer Price Index have seen prices rise by more than 15% compared to August 2021. That includes chicken (16.6%), soups (18.5%), cereals (17.4%), and milk (17%).

[…] Worsening food inflation is a particular strain on lower-income families, more of whom have had to turn to food banks and other aid as inflation has worsened. Mary Jane Crouch, executive director of America’s Second Harvest of Coastal Georgia, which works with a network of food banks, told the Associated Press 38% more food was distributed in August compared with July.

Sales at grocery stores rose 0.5% in August, the Commerce Department reported Thursday. Overall spending has slowed and shifted increasingly toward necessities like food, while spending on electronics, furniture, new clothes and other non-necessities has faded. (read more)

The energy driven inflation in seed, fertilizer, diesel fuel, solvents and industrial surfactants is about to travel from the field into the food supply chain with the fall harvest commencing.  Wave 3 food price increases are likely to be higher than the prior two waves combined.

Overlay that pricing issue with global shortages and what do you get?….

Fortunately, I am optimistic that most readers here are well prepared.

Sep 17 2022

Panicked Germany Seizes Russian Energy Company Rosneft, Uses National Trusteeship to Control Oil Refinery – The Current Economic Outlook of Europe, Full State Control of Critical Energy Production


Posted originally on the conservative tree house on September 16, 2022 | sundance

Welcome to the new “democratic norms” in the industrialized west as Germany seizes the private assets of Russian owned energy company Rosneft; because oil refining is critical to fuel prices and German has just realized their vulnerability.

Within this new Build Back Better system, driven by the policies of western nations, it appears things are changing quickly.  Democracy or capitalism in Germany is now quickly dispatched, as socialism -state control- becomes the priority.

Heck, I’m old enough to remember when everyone decried China’s authoritarian economic model for doing the exact same thing as Germany (a few months ago).  But, well, we must pretend not to notice these things comrades….

(Reuters) – BERLIN, Sept 16 (Reuters) – Germany took control of a major Russian-owned oil refinery on Friday, risking retaliation from Moscow as Berlin strives to shore up energy supplies and meet its European Union commitment to eliminate Russian oil imports by the end of the year.

The economy ministry said it was putting a unit of Russian oil firm Rosneft (ROSN.MM) under the trusteeship of the industry regulator and taking over the business’ Schwedt refinery, which supplies 90% of Berlin’s fuel.

“This is a far-reaching energy policy decision to protect our country,” Chancellor Olaf Scholz told a news conference to present the government’s plans to put the Schwedt refinery under the control of the Federal Network Agency regulator. (read more)

Who knew economic security was national security?

Now, let’s start talking about USA food exports, shall we?

Also, I’ll take “Things That Won’t End Well” for $1000, Alex.