Category Destruction of Western Civilization

May 21 2022

The Disease Cycle Turns Up April 2022


Amstrong Economics Blog/Disease Re-Posted May 21, 2022 by Martin Armstrong

There is a serious question if these people pushing vaccines, like Bill Gates and Klaus Schwab, are oblivious to the danger of creating unnecessary vaccines by mandating the world get vaccinated that will force viruses to mutate. Are they deliberately trying to create a massive crisis in health? Bill Gates brags he is vaccinated and boosted. If that is true, then he could end up being one of the first to go. Now Australia is already reporting that there are new variants emerging that infect people and the vaccines have been circumvented. COVID was NEVER a serious disease. The same group of people who died were typically those who die annually from the flu. But this time, Gates may have created the worse pandemic in history that will be one that cannot be stopped.

Klaus Schwab must be running short on cash. He is holding DAVOS now in the spring rather than January. The rich, famous, and most powerful are invited to return for their annual brainwashing event in Switzerland, following a two-year coronavirus-induced hiatus. But this time, Klaus has demanded they all be vaccinated and tested to attend, suggesting that the vaccine indeed does NOT prevent getting COVID.

I warned back in 2020 that our models on the cycle of disease were showing a target of 2022 – not 2020. It looks like the computer will be correct again. It looks like 2020 was the precursor and the insane mandatory vaccinations of the world have led to the mutation of COVID which can become a real serious threat Bill Gates can be counting all the money he will make from more vaccines, but this fool obviously took the Blue Pill and lives in a fantasy world where vaccines work PROVIDED the same disease does not co-exist in animals.

I have warned that all we need to do is just look at the antibiotics. The overuse of these drugs has led to superbugs evolving that are now incurable. The CDC has even stated that the overuse of antibiotics has led to superbugs. Interestingly, even the World Economic Forum (WEF) report published in 2014 warned that ‘The world will run out of effective antibiotics.” The WEF stated the link between the overuse of antibiotics was causing antibiotic resistance and superbugs in hospitals. This has increased the death rates of many people. The WEF concluded that antibiotic-resistant bacteria posed the greatest risk to human health. Others have noted that bacteria are growing stronger and acquiring resistance to multiple drugs. (Spellberg, Bartlett, & Gilbert, 2013). So my question is WHY did the WEF insist upon 100% vaccination knowing that will subject society to a devastating loss of life long-term? Was this the true goal?

The Spanish flu pandemic of 1918, the deadliest in history, infected an estimated 500 million people worldwide—about one-third of the planet’s population—and killed an estimated 20 million to 50 million victims, including some 675,000 Americans. The 1918 flu was first observed in Europe, the United States, and parts of Asia before swiftly spreading around the world. The first mention of influenza appears in an April 5, 1918, weekly public health report. The report informs officials of 18 severe cases and three deaths in Haskell, Kansas. The target month here in 2022 for the start was also April. We appear to be getting the mutations of COVID along with the sudden spread of Monkey Pox. And BTW, all the studies showed that masks were “USELESS” back then as well.

May 21 2022

Alaska Senator Dan Sullivan Outlines Details of Biden Administration Actions to Block U.S. Oil Production


Posted originally on the conservative tree house on May 20, 2022 | Sundance 

During a Senate Energy Committee hearing, Alaska Senator Dan Sullivan gives a list of actions taken by the Biden administration in the past three weeks to block U.S. oil production.

Energy Secretary Jennifer Granholm stated during the hearing that the Biden administration was doing everything possible to increase oil production and supply in the United States.  Senator Sullivan quotes the actions of the Biden administration in the last three weeks which are exactly the opposite of the energy secretary claims.  WATCH (3 minutes):

This is, yet again, another example of the false pretense of the Biden administration {GO DEEP}.  The Interior Department is filled with radical climate change ideologues, and they are working earnestly to undermine U.S. energy policy.

The hypocrisies pointed out by Senator Sullivan are not hypocrisies, they are fraud.   The activist ideologues embedded within the bureaucracy of government are like terror cells activating to destroy the foundation of the country.   President Obama implanted them at all levels of the executive branch offices. They are self-aware and operating independently.  The example of the Interior Department, in charge of oil and gas development, is the easiest to see.

May 18 2022

The Coming LIQUIDITY Crisis


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

QUESTION: Marty, You were named hedge fund manager of the year in 1998 for producing the highest return during the Long Term Capital Management collapse over the Russian bond crisis. At the WEC in Orlando, you said in 2019 that we were facing a liquidity crisis that would be similar to that event. Well, the Federal Reserve has now warned of deteriorating liquidity conditions across key financial markets amid rising risks from the war in Ukraine, monetary tightening, and high inflation in their semi-annual report. It appears that the forecast of a liquidity crisis distinguishing this crisis from 2007 to 2009 is unfolding. Would you elaborate on this current crisis headed into 2023?

JF

PS, a short interim virtual WEC may be warranted. Just mentioning. People take what you say, call it their own, and pretend you never existed.

ANSWER: What distinguished that ’98 Liquidity Crisis was that the “Club” of bankers and hedge fund guys were all on the same trade as they always did. The capital flows began to sift in 1994 as SE Asia peaked. The bear market that unfolded went largely unnoticed until the Asian Currency Crisis where the “club” then attacked the currency pegs. But the capital had begun to move back in anticipation of the coming Euro.

The 99.9% of fund managers lost their shirts on that capital shift because they were too busy bribing politicians and people in the IMF to look at the markets. They completely misjudged the world economy thinking like Marx and Keynes that they could control it. The shift in capital and attacking the SE Asian currencies led to the idea that all emerging markets were risky. With the Euro coming, the herd of little investors shifts their capital away from the funds heavily trading emerging markets. They were not “traders” but people who were engaged in trying to rig the game.

What they failed to understand was that the world economy is a financial sea of capital. When there is a high tide and capital is flowing in, they expect it will never end. The tide changes and you then move to low tide and the capital retreats outward. This was the first part of the liquidity crisis that would look at Russia as they did SE Asia emerging markets.

Consequently, when it is low tide, capital is retreating on a global level and that is when the liquidity crisis emerges. Thus, were the serious investors and pension funds behind to lose money in SE Asia, and they began unloading emerging markets elsewhere as well. Because all the hedge funds and bankers who try to rig the markets because they are not traders because they were all on the same trade of Russian debt when they tried to sell, there was NO BID. They began selling every position elsewhere which included the Japanese yen. It was a LIQUIDITY CRISIS so they needed to raise money to cover their losses and if Russian bonds were unsalable, all they could do was sell everything else. Thus, a LIQUIDITY crisis defies fundamentals because they are selling this ONLY because they need the money elsewhere. So the fundamental analysis provides no security for everything is connected in the global see of capital.

Edmon Safra of Republic National Bank put on a fancy dinner for the IMF. I was invited and it was all about trying to convince me that they had the IMF in their pocket and that would rescue the day. The pitch was Russia had all these nukes so no way would the IMF allow Russia to just collapse. This created a serious yet difficult situation for the Russian government. What was going on was that Russia had been running a huge budget deficit to pay for public services. They had borrowed $40 billion by issuing three-month ruble Treasury bills. This is what the “club” was bought for they were paying 30% interest to attract buyers. Bribing the IMF to prevent a default, they were all on this trade expecting free money. I refused to join and warned them that my computer projected this was going to collapse. They did not want to hear that. They were CONVINCED paying bribes would create that GUARANTEED TRADE.

The liquidity crisis this time is COMPLICATED. This time we do not have the traditional speculative boom which has produced inflation. This time we have shortages and there is NO WAY a central bank can prevent this type of inflation by raising interest rates. If anything, it will only propel the shortages so we have the ironic situation that economic decline is unfolding into 2023, but the shortages will get worse causing even higher inflation ahead.

Hence, capital is retreating out of confusion creating a period of low tide. But the standard impact is DEFLATION but that means demand is declining relative to supply. Now we have a decline in supply because of the regulations and war. Consequently, prices will rise even in a recession because it is a shortage of supply, not a decline in demand. It is this lack of understanding that is creating the liquity crisis.

As far as people taking my explanations, it is impossible to reach such conclusions unless you lived there and participated in those events.

May 17 2022

Buttigieg Blames Private Sector for Formula Shortage


Armstrong Economics Blog/USA Current Events Re-Posted May 17, 2022 by Martin Armstrong

Transportation Secretary Pete Buttigieg, the man who suggested everyone immediately switch to electric vehicles to combat the “Putin gas hike,” has a new message for American parents struggling to feed their babies – deal with it.

Buttigieg appeared on CBS and could not contain his utter ignorance and lack of empathy. “This is a capitalist country. The government does not make baby formula, nor should it. Companies make formula. And one of those companies, a company which, by the way, seems to have 40% market share, messed up and is unable to confirm that a plant, a major plant, is safe and free of contamination,” he stated, absolving government of any guilt. The baby formula shortage began BEFORE Abbott had a formula recall.

Luckily reporter Margaret Brennan was able to explain the situation to the confused politician. Buttigieg said the shutdown has nothing to do with a shortage of ingredients. “No, it is a factor that has led to price. Inflation is one of the factors among many that has been blamed for months of problems with baby formula even before the recall in February,” Brennan reminded him. He maintained that the private sector has the ability to make more formula, and Brennan reminded him that right now America is importing baby formula from Europe as its strategy.

The Biden Administration happily sends $40 billion off to Ukraine without hesitation but refuses to fund the problems we are facing at home. This nationwide formula shortage is an extremely serious issue that US politicians simply disregard. A fraction of the money spent on Ukraine could have fixed the Michigan plant that closed after the recall, and it could have been used to create new manufacturing plants and import more formula in the meantime.

May 17 2022

Americans More Concerned with Inflation than Abortion


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

Sorry, Democrats, but Americans are more outraged that they cannot afford to live than whether others should be able to terminate pregnancies. A poll by Rasmussen Reports found that both Republicans and Democrats are far more concerned with inflation than any other issue. Nearly 94% of Republicans, 84% of Democrats, and 83% of Independents cited rising prices as their top concern.

Abortion outrage is actually low on the list. Among all voters surveyed, 83% are concerned about violent crime that has increased throughout the country amid relaxed laws and defunded police agencies. Sixty-nine percent are worried about illegal immigration and the absence of border security. Across all political beliefs, inflation is the main concern. It is something that all Americans must grapple with on a daily basis. The Democrats have only exacerbated the problems concerning most Americans by avoiding major issues entirely. At this point, even the most die-hard liberal cannot say with a straight face that we are better now than we were under Trump.

The Democratic Party has become tone-deaf. People fear that they cannot maintain their current standard of living, pay for housing, or feed their families. They feel outraged every time they go to the gas pump or grocery store and only see darker days ahead. Leaking the Supreme Court decision on Roe v. Wade was a FAILED attempt to redirect the public’s attention before the midterm elections.

May 17 2022

Biden Redeploys U.S. Combat Troops to Somalia, Reversing Trump Draw Down


Posted originally on the conservative tree house on May 16, 2022 | Sundance

Democrats love war, even when they have to go looking for one.  The New York Times is reporting that Joe Biden has signed a Defense Dept order authorizing 700 combat troops to redeploy to Somalia, reversing the Trump-era troop withdrawal.

WASHINGTON — President Biden has signed an order authorizing the military to once again deploy hundreds of Special Operations forces inside Somalia — largely reversing the decision by President Donald J. Trump to withdraw nearly all 700 ground troops who had been stationed there, according to four officials familiar with the matter.

In addition, Mr. Biden has approved a Pentagon request for standing authority to target about a dozen suspected leaders of Al Shabab, the Somali terrorist group that is affiliated with Al Qaeda, three of the officials said. Since Mr. Biden took office, airstrikes have largely been limited to those meant to defend partner forces facing an immediate threat.

Together, the decisions by Mr. Biden, described by the officials on the condition of anonymity, will revive an open-ended American counterterrorism operation that has amounted to a slow-burn war through three administrations. (read more)

May 16 2022

Inflation Crippling Low-Income Americans


Armstrong Economics Blog/Inflation Re-Posted May 16, 2022 by Martin Armstrong

We went from a booming economy to staring down the next recession. Inflation has reached 8.3%, and most Americans are troubled that they will no longer be able to afford their standard of living. According to the latest Gallup poll, 52% reported that they are fearful about maintaining their standard of living. Some may say, “So what? The rich will have to sell off one mansion and fly commercial!” The people who will feel the brunt of this economic downturn are lower-income earners.

Among those earning under $40,000 annually, 73% said they no longer believe they can afford basic living necessities, up from 56% a year prior. About 65% of lower-income Americans worry about having enough money to pay their monthly bills, while 59% say they fear they’ll no longer be able to afford housing. In fact, more lower-income renters should be concerned about the rising cost of housing because landlords will pass their increased costs on to their tenants at a time when rental costs are already at an all-time high.

Medical bills, the leading cause of bankruptcy, are of the utmost concern. Seventy-two percent of lower-income earners said they cannot afford an emergency medical event, and 62% cannot afford basic medical care. These fears are not unfounded and we are looking at a major crisis on the horizon.

May 16 2022

Switzerland Joining the Warmongering Crowd


Armstrong Economics Blog/Switzerland Re-Posted May 16, 2022 by Martin Armstrong

The propaganda machine has been working at full speed. Sweden and Finland have been convinced to join NATO and now we have reports from within Switzerland that they too are contemplating surrendering their neutrality and joining the end times for Europe. Switzerland’s defense ministry is moving closer to NATO. They have violated their neutrality already by confiscating Russian assets. So in for a penny, in for a pound as they say. Switzerland is contemplating joint military exercises with NATO and they will be joining the fun and games post-2024 as well. So you better stock up on the Swiss chocolate. They may end up extinct after 2024. Perhaps they should recall the Swiss guards they lend to the Vatican. They may come in handy.

Markets never lie. The Swiss franc has gone into a free fall ever since we heard from behind the curtain that the Swiss government is yielding to the pleas from the West to join NATO. That is surrendering their neutrality and the markets are warning that Switzerland is no longer the safe harbor for capital.

Indeed, we certainly have the worst possible crop of world leaders EVERYWHERE. There is not a single political decision that anyone can possibly even call reasonable. We even had the insanity of Boris Johnson threatening to strike Russia with nukes outside of NATO. Just one nuke from Russia will take out all of Great Britain. This pounding of chests is not going to do anything but hurl us toward war so they can do this Great Rest and default on world debt because they have run the largest Ponzi scheme in human history.

I have a lot of European friends who have asked if they can flee here to Florida and hide under my bed. Unfortunately, I don’t think my bed is big enough to meet all the requests.

As I have written before, there are NO peacemakers – only warmongers. There is a better way. We can restructure the debt as I would do for a corporation in crisis. We do not need this warmongering and Klaus Schwab’s grand plan will fail just as Marx did. The United Nations will NEVER rule the world despite their thirst for power which was even mentioned in the charter of UNESCO.

Switzerland is in serious trouble. Going into 2023 is crazy then a Panic Cycle comes into play for 2024. This is not my personal opinion. I have created a computer that has NEVER been wrong on its geopolitical forecasts. I know I cannot scream loud enough to change the cycle. All I can do is plead for the world to look and just maybe we can live with the cycles post-2032 and create a better world just for once.

As for my friend in Switzerland – sorry, you can’t hide under your beds there. And yes, I got a dog I named Napoleon because I looked at my computer and knew I will not be visiting Europe again in my lifetime. So it was time to settle down. She’s always by my side.

May 16 2022

Sweden & Finland Joining NATO


Armstrong Economics Blog/Scandinavia Re-Posted May 15, 2022 by Martin Armstrong

QUESTION: Hi Marty, hope all is well.

All indications are that Sweden and Finland will join NATO. However, both countries refuse to allow nuclear weapons to be placed in their countries.

Russia still threatens reprisals.

Does Putin have any reasons to attack Sweden and Finland before their respective NATO applications are a fact?

If no nuclear warheads are placed in Finland nor Sweden, what do you think the Russian response will be against Sweden and Finland in the end?

Kind Regards/MS

ANSWER: We do not see any indication that Russia will attack Finland and Sweden before joining NATO that would involve a prolonged event.  However, note that the computer did have a Double Directional Change here in 2022 which reflects the political change that is unfolding. War does not appear in that region until 2027-2028.

I am working feverishly to get what I hope will be a book on the coming World War III based upon the computer projection rather than my opinion. Unclassified documents have surfaced confirming that actually Putin is correct – NATO had promised not to move one inch eastward and that Eastern Europe was to be a buffer zone of nutrality. NATO has been the agressor and they are NOT ever interested in peace because if there was really peace, then there is no need for NATO and all those people would lose jobs.

As most people know, my sources are dammed good. When the Russians were building a secret unground facility, even Margaret Thatcher asked me if I had any information since their intelligence was coming up short. Our clients are of a like mind regardless of the nation in which they reside. There are always people in every country who oppose whatever current government is in power. That is just humanity. Even during the American Revolution, there were people who supported the king and they confiscated their property to fund the war.

There is so much behind the scenes that people just do not know like why Crimea was handed to Ukraine in 1954? Nikita Khrushchev was raised in the Donbas and actually considered himself from that region being born just 7 miles from the border between Ukraine and Russia. It was Khrushchev who rebuilt Kyiv after World War II for he was in charge of that province before he rose to national power. Khrushchev also was redrawing borders elsewhere. He was removed in 1964 for his hair-brain ideas and his confrontation with the US over stuffing missiles in Cuba in 1962. What Ukraine wants to do pushing the world into war over territorial grab, the world needs to know the Truth. All of Khrushchev’s redesigning borders was reversed and that included Crimea which they ruled was an illegal act.

I am putting together the full story covering both sides. We all have a right to know. NATO wants war and this is a war to exterminate Russia. Ukraine is the proxy war as our computer forecast back in 2013 that this would be the place where it all begins. The West could care less how many Ukrainians die – civilians or otherwise. Their purpose is to weaken Russia and only then will NATO act. Next will then be China.

May 16 2022

Sunday Talks, Goldman Sachs CEO LLoyd Blankfein Still Sees Demand Side Inflation


Posted originally on the conservative tree house on May 15, 2022 | Sundance 

Appearing on Face the Nation (FtN) Goldman Sachs CEO Lloyd Blankfein discussed his views and perspectives on the economy overall and U.S. inflation specifically.  Undoubtedly Blankfein has access to resources and analysis far beyond CTH scope; however, despite a statistically factual contracting GDP, Blankfein is claiming to see overall demand side inflation remaining in the macro economy.

Perhaps that view might still be true domestically on the service side (it certainly isn’t on the trade side), but demand driven inflation does not appear visible on the goods side of the economic ledger.  What is clearly present as the price driver is “production side inflation,” the costs to create goods and bring them to market.   If you look at economic activity in units instead of dollars, the units are contracting.

The demand for goods is now focused almost entirely on priority or essential purchases like housing, energy, fuel and food.  The price for those essential products is driven by production costs, which are a direct outcome of the energy policy, environmental policy, regulatory policy, and to a lesser extent trade policy, of the Biden administration.  Blankfein is pretending not to know things… WATCH:

Putting housing aside due to investment purchasing of real estate, if Blankfein was correct, and demand was still driving inflation, then a massive deflationary cycle would be coming as a result of lowered consumer purchasing of goods.   There isn’t any chance we are going to see “deflation” in the next several years.  [We will likely see housing prices collapse, but not consumer goods.]

Inflation is being driven by production costs, and there is no end in sight to the production cost increases as long as the crew behind Joe Biden keeps strangling the U.S. energy sector…. and then compounding the domestic price issue by creating incentives for energy exports (vis-a-vis EU sanctions).  The production inflation is a purposefully inflicted wound on our economy.  Production inflation is avoidable.

That interview is Wall Street gaslighting to a Main Street audience.  I don’t like it one bit.