Who Are the Oligarchs?


Armstrong Economics Blog/Politics Re-Posted Mar 8, 2022 by Martin Armstrong

(Photo: Former President Obama’s private yacht)

The word “oligarch” leads some to believe that these rich individuals are part of a mysterious underground society. The Oxford dictionary defines an oligarchy as “a small group of people having control of a country, organization, or institution,” and oligarchs are those who have profited off of the regime – in this case, Putin’s.

Is there a difference between a very wealthy American businessman who has profited off of American capitalism under [insert president here]? Technically, there is not as anyone can condemn another’s political system. America’s democracy has certainly come under fire by many leaders, primarily in the Middle East who have stated America is akin to a mafia organization. Trudeau showed us Canada is not above freezing individual accounts without Due Process. Our governments have exposed themselves throughout this pandemic, especially by letting us know they are not above coercion and silencing free speech.

So while many cheer the asset forfeiture of the evil Russian oligarchs, make no mistake about it that other nations can and will use this new tactic of war in the future. Governments can not only seize their citizens’ assets but have the ability to freeze international capital. How could anyone feel safe investing in a Western nation if their assets will not be protected? These Russian citizens can have their assets seized without proof that have any ties to Putin.

The wealthy citizens are always the first to flee when a city or nation is failing.

As I have stated, this will totally destroy the world economy as we know it. Foreign investment in Russia will be seized, and the prospect of this migrating to China is extremely high. A line has been crossed. You do not go after the assets of private individuals claiming they are holding personal money for Putin. That would be akin to saying someone was holding money for any politician simply because they live under that leader’s rule.

Putin Offers Peace – Zelensky Declines


Armstrong Economics Blog/War Re-Posted Mar 7, 2022 by Martin Armstrong

Reliable sources have confirmed that Putin offered to stop the war instantly if Kyiv give up its army, change its constitution to become a permanently neutral country in accordance with the Budapest Agreement, and acknowledge Crimea as part of Russia along with Luhansk and Donetsk are to be free separate republics. Zelensky has refused. Luhansk and Donetsk have been fighting for their freedom ever since the 2014 Ukrainian Revolution. This is what was to be settled in the Minsk Agreement which has been dragging out for 8 years.

The real question many Ukrainians now have is Zelensky was elected promising to ease tensions with Russia but he has done the opposite even cutting off the water supply to Crimea. Should the Ukrainian people vote on this offer? Why put the country at risk for those provinces that are 98% Russian, to begin with? The fear has been that Zelensky is really a poppet for the West that wants a confrontation with Putin. They have created an Iron Curtain in the financial world and that is now simply becoming permanent. Russians are being discriminated against in Western Europe and America to the point that such bad blood has now taken place that the world is dividing and there is no return to normal. This is not just a new Financial Iron Curtain with Russia, we are looking at the same reaction with China that will support Russia at the end of the day.

China’s top diplomat just accused Washington of trying to create an Asian version of the U.S.-European NATO military alliance joining Japan, India, and Australia to create a similar NATO-like Asian block. He further warned that it is up to the Biden administration to improve relations with North Korea.

We are NOT on a path toward world peace. There is nobody interested in trying to reduce tension. Everything now is name-calling and hostility on every front.

The Coming WWIII


Armstrong Economics Blog/War re-Posted Mar 7, 2022 by Martin Armstrong

While people rush to kiss the feet of Zelensky, even some Ukrainians are now concerned that he is a puppet dragging their country to destruction all over Donbas. I have warned that this is going to turn into WWIII. China has now come out and warned the USA against trying to build what it called a Pacific version of NATO while declaring that security disputes over Taiwan and Ukraine were “not comparable at all.” They too are logging the same complaints against the US as Putin for creating biological weapons labs on their borders as well.

There are serious allegations that this is all being carried out to try to force Russia and China into the Great Reset and to comply with the United Nations’ mandates for climate change. It is hard to say whether these allegations are true or false. As always, time reveals the truth. But the WEF, which had claimed that Putin was a Young Global Leader, rejected that and shifted to supporting Zelensky also pushing for a continued war that Ukraine cannot win unless it gets so bad that they use this to justify NATO entering Ukraine.

My concern is that their mistake is they think they can take down Russia and then turn to China. Our model warns that that will be a fatal mistake, and China will join Russia.

Kyiv Airport Destoryed


Armstrong Economics Blog/War Re-Posted Mar 7, 2022 by Martin Armstrong

he Kyiv Airport was destroyed to prevent the West from flying in military equipment. This is the same strategy as singing ships from America to Britain with military arms in World War I. There are a lot of Ukrainians who are not supporting Zelensky. He ran promising to make peace with Russia and he was elected like Trump because he was not a politician. The resentment coming from some Ukrainians is that feel that Zelensky is now a puppet to promote war. All he had to do was agree to a ceasefire, yield Donbas which the US has been covertly supporting the civil war, and save Ukraine as a nation. But the refusal to yield Donbas was against the wishes of the West.

The danger here is that the people of Ukraine flip and see that they have been merely a pawn in a proxy war between the West and Russia. This can only get worse for there is no great peacemaker today. I do not like what our computer is forecasting, but I suppose we are just headed into a war that will escalate and will be not something we just watch on TV safe and sound from the real events as if this were another action movie.

Tucker Carlson Outlines the DC Effort to Create a War Against Russia


Posted originally on the conservative tree house on March 7, 2022 | Sundance

During his lengthy opening monologue tonight, Fox News host Tucker Carlson outlines the increased DC effort around Ukraine as we have witnessed in the past several days.

Using tape from the past several years of DC politicians, Tucker outlines how the DC system was continually trying to position the U.S. against Russia for a direct conflict.  Why were they doing this?  WATCH:

The Little Red Lyin’ Twit Says Biden Will Try To Reduce Impact of Rising Oil Prices, but Won’t Unleash U.S. Energy Resources


Posted originally on the conservative tree house on March 7, 2022

White House Press Secretary Jennifer Psaki said today the Biden administration will try to reduce the impact of rising oil prices for American consumers but will not do anything to allow increased production of U.S. energy resources.

Oh, and it’s all Vladimir Putin’s fault, WATCH:

I’ll keep repeating it, because many people just don’t understand the unique nature of our North American position.  Energy resources are nation specific.  Ireland, the U.K, Europe, or Australia, do not have abundant oil and natural gas deposits like the U.S. does.  ANWAR has more oil than Saudi Arabia.

A U.S. president can and does control the price of gasoline.  What can a U.S. President and administration specifically do?  We have abundant U.S. energy resources.  Quite literally the strongest in the entire world.

  • Permit the use of preexisting approved leases in ANWAR (Alaska) to put more volume into the Alaskan oil pipeline that is severely underutilized.
  • Finish the Dakota access pipeline.
  • Re-approve the preexisting energy leases in New Mexico, Arizona, NE Atlantic and Gulf of Mexico.
  • Retract the stoppage of the Keystone pipeline to permit efficient oil transport shipments from Canada.
  • Stop blocking the expansion of coastal oil refineries in Texas, Louisiana and Alabama (regulatory issue), as well as Northwest, Northeast and Southeast Seaboard.
  • Continue to develop natural gas as a clean burning fuel.
  • Drive Liquefied Natural Gas (LNG) as an export.

.Unfortunately, this would mean reversing the entire energy policy of the current administration.  The existing energy inflation and high prices of oil, natural gas and gasoline are a direct and intentional part of Joe Biden’s policy.  That policy is driven by the leftist demand for a “green new deal.”

None of the actions above require any approval from OPEC.  Strategically, the ‘all of the above’ approach enhances U.S. national security and diminishes the influence of Russia, China and Iran.  Within six months of the above, gasoline will plummet.

Authoritarian Trudeau Denounces Authoritarian Putin, Weeks After Canada Targeted Political Protestors for Arrest


Posted originally on the conservative tree house on March 5, 2022 | sundance

In order for the most entrenched leftist ideologues to maintain their ideological agenda, they must pretend not to know things.

Two days after he announced the U.S. workforce vaccine mandate, in Shanksville Pennsylvania, Joe Biden said that both Xi Jinping and Vladimir Putin were “autocrats” who dictate to the citizens of their nations.  Biden noted in conversations with them – those leaders have questioned the viability of ‘western democracy.‘  This statement came a mere 36 hours after Joe Biden said he “has lost patience” with half the nation, and as an outcome, was going to FORCE a mandatory injection (COVID “vaccine”) into the arms of every citizen who wanted to work.  The media ignored the contrast as if they could not see the inherent hypocrisy.

Yesterday, in a speech to a Ukraian delegation in Canada, Prime Minister Justin Trudeau had the nerve to talk about the “slipping of democracy” as a result of “greater authoritarianism”, only a few weeks after Trudeau invoked the emergency act and triggered financial targeting against protestors who assembled against his regime.   Again, the media ignore the inherent hypocrisy.  WATCH (Prompted):

VISA and Mastercard Will Announce The Next British Prime Minister Tomorrow at 4:00pm GMT


Posted originally on the conservative tree house on March 5, 2022 | sundance 

After years of anxiety within the European Union, as an outcome of a minor movement within the U.K to trigger Brexit, the multinational financial corporations in consultation with the European Commission, NATO and Central Bankers have determined it is in their interest to select a British prime minister who will void the Brexit vote.

Tomorrow at 4:00pm GMT, a new British Prime Minister will be announced.  In advance of the announcement, and representing the global alliance of financial interests, VISA and Mastercard released the following statement:

“We are compelled to act following Great Britian’s unprecedented diminishment of the European Union, and the unacceptable events that we have witnessed,” said Al Kelly, chairman and chief executive officer of Visa Inc. “We regret the impact this will have on the misguided Brexit supporters, and on the colleagues, clients, partners, merchants and cardholders we serve in the U.K.  This Brexit crisis and the ongoing threat to peace and stability in the EU, demand we respond in line with our values.”

[Now, Do We Have Your Attention?]

This post is obviously sarcasm. However, the intent is to draw attention to the precedent currently underway.  With the Visa/Mastercard action & intent against Russia in mind, are you sure you’re okay with multinational corporations choosing, approving or disapproving of national political leadership?

Below is a short list of the multinational corporations who have expressed their intent to choose who will be the President of [any country] targeted by the New World Order.

VISA Suspends All Operations in Russia, We Are One Step Closer to Losing the Dollar As Global Trade Currency


Posted originally on the conservative tree house on March 5, 2022 | sundance 

Canada was the beta test when the government targeted the financial networks of the truckers and political opposition.  Now, the global governing system replaces Trudeau and uses the private financial industry to target Russians instead of truckers.

When I previously said to pay attention, because we are not going to like the world on the other side of a Biden, NATO, EU, World Bank, International Monetary Fund, Word Economic Forum and multinational corporate victory, I was not joking.  This public-private merge of government with private financial institutions will never be reversed… ever again.

VISA Press Release –  Visa Inc. (NYSE:V) today announced it is suspending its Russia operations.

Effective immediately, Visa will work with its clients and partners within Russia to cease all Visa transactions over the coming days. Once complete, all transactions initiated with Visa cards issued in Russia will no longer work outside the country and any Visa cards issued by financial institutions outside of Russia will no longer work within the Russian Federation.

“We are compelled to act following Russia’s unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed,” said Al Kelly, chairman and chief executive officer of Visa Inc. “We regret the impact this will have on our valued colleagues, and on the clients, partners, merchants and cardholders we serve in Russia. This war and the ongoing threat to peace and stability demand we respond in line with our values.” (read more)

For the life of me, I don’t understand why more people cannot see what lies at the end of this road.   The WEF crowd and the Putin/Xi crowd are both winning in this scenario.

The WEF team because the multinational corporations are now merged with government (VISA example above).  The Putin/Xi team win because the U.S. dollar will no longer be the baseline of their trade initiatives (the BRICS monetary agenda).  The only group who lose are the ordinary people, particularly the U.S. citizen who will be collateral economic damage in the outcome.

That’s where the domestic agenda of Biden/Obama step in to pave the way to take advantage of the crisis.

What we are seeing is a full-blown alignment of interests between globalist government and their partnered multinational corporations and financial institutions.

This is not a good thing to witness regardless of the outcome in Ukraine.

Think about the direct message and the implications here. Think about the world of multinational corporate compliance and how they will kneel to the dictates of political power in the aftermath of this current enterprise.

If this collective group of multinationals and government interests succeed in this approach, everything will change.

If you think corporations, Big Tech and Big Banks, et al, are controlling and politically motivated now?  Good grief, just wait.

The global future being outlined in this NATO/EU/WEF strategy to use private industry as a weapon, is like the government attack on Canadian truckers/supporters taken to an exponential scale.

Now, overlay your pending requirement to walk around with a digital identity, and you can see exactly how easy it will be to de-person, which is one layer higher than de-bank.

I mean seriously, think about this approach toward Vladimir Putin.  What I just described above is our future if the globalists defeat Putin.  Another question to ask yourself is – what happens if Putin wins?

How does the international assembly of government approach Russia in the aftermath?  A G20 summit?  Ha!

What do you think Putin and his allies like China, Iran, Saudi Arabia and possibly India, South Africa, and Brazil will do now?

What globalist Rubicons are being crossed right now that can never be reversed?

The dollar lost as a global trade currency?  The end of the petro-dollar?

These are very real possibilities, perhaps even probabilities now.

MSM Catching On, Now They Call It Food Protectionism as Hungary, Argentina, Moldova and Turkey Ban Grain Exports


Posted originally on the conservative tree house on March 4, 2022 | Sundance 

Again, they are blaming this on the Ukraine-Russia conflict, but the origin of the issue goes back much further.

Last year, CTH was one of a small number of people talking about the very real possibility of food shortages due to the cumulative effects from regulatory COVID mitigation and the fracturing of the food supply chain that government intervention created. {Go Deep}

What we are witnessing now is not as much attached to the Ukraine crisis, as it is the continued ripple effects in that same supply chain.

The current grain issues are an outcome of a major supply chain disruption on the manufactured and processed food side, which is now exacerbated by higher replenishment costs and lower yields. Fertilizer costs have skyrocketed due to energy cost increases.

It is a perfect storm.

Without the Ukraine crisis surfacing, the grain (wheat, corn, soybean) and supply chain issues were already going to be a problem, and many of these current mitigation efforts -wrongly being attributed to Ukraine- would have taken placed without any regional conflict.  That’s why we predicted these issues last year, long before Ukraine-Russia was in the headlines.

The thing to keep in mind is that some smart governments, especially those nations where the government controls and monitors the food industry, can see these issues long before they surface.  If CTH could see these multinational food issues last year, you know the governments of China and Russia could also see them coming.  Some might even argue they gamed out the problem and are taking advantage of it right now. {Go Deep}

It’s interesting to see the media use the term “food protectionism” instead of a ‘food war‘, but really what we are now seeing in Europe is positioning amid territorial regions to keep food available.   In North America (Canada, U.S. and Mexico), we are blessed with several crop cycles each year.  Some nations only get one or two, we have at least three, but we still need the fertilizer.

(Bloomberg) — Governments around the world are taking steps to safeguard domestic food supplies after Russia’s invasion of Ukraine roiled trade and sent prices of key staples soaring.

Hungary is banning grain exports, its agriculture minister told television channel RTL on Friday. Argentina and Turkey also made moves this week to increase their control over local products. And Moldova, albeit a small shipper, temporarily halted exports of wheat, corn and sugar from this month.

Protectionist measures — which already picked up in recent years as the Covid-19 pandemic sparked worries about local supplies and high prices — could spell more bad news for global food trade. The war in Ukraine has brought crop shipments from much of the crucial Black Sea region to a halt, heightening fears of shortages of grain and sunflower oil.

[…]  Argentina, a major grain shipper, is creating a mechanism to guarantee wheat supplies for local millers and tame pasta prices. Top flour exporter Turkey boosted the agriculture ministry’s authority over exports of an array of goods, allowing it to make “periodical arrangements” if needed.

Hungary’s ban takes effect immediately, and a government decree will soon be published, its agriculture minister said. The country had sold about 127,000 tons of soft-wheat abroad so far this season.

Elsewhere in Europe, Bulgaria — a much larger exporter — is working on a system to buy grain that can be used to meet its population’s needs, the government said after a meeting with producer lobby groups on Friday. (read more)

Y’all know my lengthy position on this. I have long said that farmland, food, source material, manufacturing and processing, should be considered a national security issue.  I do not think the federal government needs to get involved too much, but I do think states should be permitted to control or limit foreign ownership, investment and Big Ag corporate monopoly controls.

It amazes me to see the so-called “experts” that we rely upon, completely incapable of understanding the laws of unintended consequence.

Each seemingly small issue creates another small issue, which creates another small issue, which ultimately pokes holes in the supply.  Poke enough holes in enough small categories from manufactured condiments to manufactured drinks, to manufactured cereals, pasta, grains, soups, pet foods, and the complex food processing system overall begins to show the larger problem.

It’s a system collapse by a thousand paper cuts – from the fork all the way back to the field.