Confidence in Government & Justice is Collapsing


Posted originally on Apr 9, 2024 by Martin Armstrong

While COVID has set in motion the collapse in confidence of the government and the media, the prosecutions against Trump and anyone associated with him are demonstrating that the Department of Justice is now weaponized. We are staring into the eyes of a collapse of justice for all. No government can stand when the rule of law collapses. These people are merely confirming our computer’s forecast into 2032.

President Trump Warns of a Looming Bloodbath in the Auto Industry Related to Chinese EV Plants in Mexico – Media Go Bananas


Posted originally on the CTH on March 17, 2024 | Sundance

Having previously written about the issue of three major Chinese EV makers putting massive investment into production facilities, the remarks by President Trump in Ohio warning of a “bloodbath” in the auto industry are exactly accurate. {Background Context Here}

According to media, last December the three Chinese auto manufacturers, MG, BYD, and Chery, announced they were going to spend billions building new EV manufacturing plants in Mexico.  Each Chinese auto manufacturer was going to spend between $1.5 to $2.0 billion. The Chinese don’t make that much of an investment in something unless they are sure the U.S. government is going to force the EV market to exist.  These manufacturing plants would crush the U.S EV market.

Drawing attention to the issue, President Trump said he can stop the pending crisis. However, if he did not win the election the American auto industry would end up with a “bloodbath” of closed plants, lost jobs and diminished labor union workforce. Trump is not wrong.  WATCH: 

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Showcasing the absolute lying fake news that most American media have become, all of the news agencies reported these comments to be about general “violence, retribution and retaliation” by Trump if he lost the election.   Reuters even twisted the comments to say, “Trump predicts the end of U.S. democracy if he loses 2024 election.”

Last December, when the original reports of the big three Chinese automakers were released, the headline was, “Chinese EV giants are planning factories in Mexico, and it’s alarming US officials.”  Yet somehow, drawing attention to that exact same issue three months later is the end of democracy or something.

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The Price of Dying – Repeal the Estate Tax


Posted originally on Jan 26, 2024 By Martin Armstrong 

Angel of Death

They say the only two certainties in life are death and taxes. And taxes on dying if you’re in the US. That’s right, the luxury of death comes with a price in the land of the free, thanks to the death tax. Now, Republicans are working to introduce legislation that would allow Americans and their families to rest in peace, free of charge.

The estate tax, or death tax, was first executed in the United States in 1916 as a means to generate revenue for the federal government. Supporters said it would address concerns about wealth concentration. The tax has been rewritten and revised over the years and numerous states have imposed their own death tax on top of the federal one. This is not the same as the inheritance tax that directly taxes beneficiaries.

US Representative Randy Feenstra, a proponent of eliminating this absurd tax, believes this bill is hurting farmers in particular. I have heard similar sentiments from my own clients. People fled England to America to avoid government confiscation of property through taxation. Britain has a 100-year land lease program whereby you pay the actual fair value of the property you bought outright. At the end of that 100 years, the next tenant must pay the full fair value once again. This is how the “rich” made their money keeping it in the family and never selling land. It is also why Britain was forced to hand Hong Kong back to China after 100 years.

People fled to America so they could actually pass property down to their children like the rich landholding families in Britain. This was the origin of the term “freehold” meaning you could actually own the land. America was the land of opportunity because it was all freehold and people could for the first time rise from the poor rank to that of the rich by hard work, saving, and being able to create wealth for the family unit. This was the American Dream.

Failing to repeal this tax will change American agriculture. As Rep. Feenstra notes:

“Over 99% of our country’s two million farms and ranches and over 95% of our nation’s small businesses are owned and operated by individuals and families. In other words, the American economy is powered by mom-and-pop shops on main street and farms that have been in the family for generations. Naturally, the federal government only sees these incredible farms and small businesses as potential sources of tax revenue, completely ignoring the sacrifice and labor that made these enterprises successful.”

This is one of the reasons why the wealthy in China are buying US farmland. The manner in which governments globally treat farmers is shameful. The government is not our next of kin; we do not save our entire lives to provide a better life for government.

Your Morning Coffee is Killing the Planet


Posted originally on Jan 26, 2024 By Martin Armstrong 

The ruling elites want to strip us of all our earthly pleasures. Swiss banker Hubert Keller took to the stage at Davos to declare that coffee consumption is destroying the climate.

“The coffee that we all drink emits between 15 and 20 tonnes of CO2 per tonne of coffee… Every time we drink coffee, we are basically putting CO2 into the atmosphere,” Keller stated. Every time we BREATHE, we are “putting CO2 into the atmosphere” and this argument is completely absurd. Life cannot exist on Earth without CO2. Surely they serve coffee on Mr. Keller’s private jet.

The World Economic Forum first presented this idea in August 2016 in an article entitled, “Your morning coffee is destroying the planet.” The article begins by discussing the waste of plastic cups – OK, fine, pollution is an undeniable problem. This was also when Keurig machines and coffee pods became popular. It seemed reasonable to find a plastic alternative, but that was merely a way to plant the seed.

Fertilizer 2

Coffee agriculture is a significant global market. The annual revenue of the global coffee industry is estimated to exceed $200 billion, with over 25 million farming households depending on coffee bean production for their living. Global coffee production reached 168.5 million 60-kilogram bags as of 2021/2022, and coffee is commercially produced in more than 50 countries. The United States coffee industry alone is responsible for nearly 1.7 million American jobs and $225 billion of national Gross Domestic Product.

The global market for coffee shops is projected to reach $237.6 billion by 2025. Countless mom-and-pop shops are centered around the world’s second most popular beverage. Coffee is ingrained in countless cultures throughout the world. It is part of our daily routine and way of life. Interestingly, his warnings come at a time when Starbucks plans to expand into China and is defying the WEF by siding with Palestine in the Israel-Palestine war.

YOU WILL OWN NOTHING, including coffee production, according to the WEF:

“The opportunity is to basically bring capital for return in this value chain, to basically, you know, acquire or lease these coffee assets, these monoculture coffee assets, to transform them to a regenerative agroforestry model. In doing so we would create effectively a climate and a nature premium which will have a lot of value for these parts of the value chain that can inset these climate and the nature premium and you end up with basically coffee plantations that are fully regenerative, that are sequestering carbon, that are positive for nature, that are restoring biodiversity, and that basically are creating better value for an asset that has a longer life without actually the consumer paying any more for its daily coffee.”

“A regenerative agroforestry model” is precisely what farming has always been and there is no need to redesign the wheel. The WEF introduced the concept in 2019 in an article entitled, “How regenerative agroforestry could solve the climate crisis.” The article claims that farming, the most essential industry for our survival, has contributed to 30% of global greenhouse gas emissions, and is the cause of 80% of deforestation. The latter is the key here – they want the land in order to seize the means of production.

LandUseEfficency.WEF_.Farming

The globalists claim that “land use efficiency” needs to improve by 2030. They have already implemented restrictions on fertilizers and taxed the life out of farmers. I mentioned in another article how US farmers are unable to pass their land onto the next generation due to the death tax. Globalists like Bill Gates have been buying countless acres of farmland to prepare for the next step. Farmers throughout the world are protesting the increased regulations, but you won’t see that covered by the media.

The ultimate plan is to force farmers to lease their land. You will own nothing, but they will own everything.

Crazy Stuff – Details of Results from Western Oil Sanctions Against Russia


Posted originally on the CTH on December 29, 2023 | Sundance

I’m very serious when I share with people that almost everything we understand about the geopolitical purposes and impacts of sanctions against Russian economic interests is entirely fabricated.  However, because the scale of the propaganda against us is so effective, breaking the mental/cognitive barrier is almost impossible.

It’s not that situations are ‘shaped’ or information is ‘manipulated,’ like would be the definition of the term “disinformation.”  But rather that the entire construct of reality regarding the economic issues -as presented- is fabricated, created by massive financial interests, and flat-out lies; I mean, total unadulterated nonsense. Complete fiction.

This latest article from Reuters, and the accompanying graphic from ZeroHedge, only scratches the surface.

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We are through the looking glass folks.  Literally captive to the narrative as sold by our Western government officials, and there’s a huge one-way mirror; beyond which, massive segments of the grey zone are looking at us as if we are pathetic victims of professional propaganda.

The worst part of this dynamic is how the USA looks insufferably weak, because we are playing this massive game of pretending that only the Yellow Zone is participating in.

MOSCOW, Dec 27 (Reuters) – Almost all of Russia’s oil exports this year have been shipped to China and India, Deputy Prime Minister Alexander Novak said on Wednesday, after Moscow responded to Western economic sanctions by quickly rerouting supplies away from Europe.

Russia has successfully circumvented sanctions on its oil and diverted flows from Europe to China and India, which together accounted for around 90% of its crude exports, Novak, who is in charge of the country’s energy sector, told Rossiya-24 state TV.

He said that Russia had already started to forge ties with Asia-Pacific countries before the West introduced sanctions against Moscow following the start of the conflict in Ukraine in February 2022.

“As for those restrictions and embargoes on supplies to Europe and the U.S. that were introduced… this only accelerated the process of reorienting our energy flows,” Novak said.

He said that Europe’s share of Russia’s crude exports has fallen to only about 4-5% from about 40-45%. (read more)

What Alexander Novak shares is stunningly accurate, only the ramifications are far more serious.  This is why I am spending so much time trying to break the issue down into digestible portions.

Russia and Iran are now trading oil (and other things) in their own national currencies, not the petrodollar.  This is the epicenter of a process initially triggered by the BRICS economic alliance and is now taking place in real time while the proverbial WEST pretends it is not happening.   Now, it might sound esoteric, as if it is a disconnected or academic issue that doesn’t have real substantive ramifications, but that’s not true.

I can literally see how global trade is now cost-shifting as the dollar starts to weaken (become less used) as a trade currency.  Again, like our domestic social issues, this de-dollarization process is “slowly at first,” but eventually this is going to come all at once.

As USA consumers we cannot see it yet, because we are inside an economic system that is entirely dependent on dollars.  However, as the devaluation of the dollar continues slowly to happen, outside our dollar-based economy, the cost of goods, products and stuff in the ordinary life of people within the GREY ZONE is now stunningly less.  It’s not showing up in currency markets (dollar -vs- fill_in_blank), because the currency trades are not part of the trade/cost dynamic outside the YELLOW ZONE.

Go into the grey zone and compare the price of “product X” to what you would pay in the United States for “product X”, and you will see the difference in the end consumer price is starting to widen faster.   Identical goods in the USA cost much more than goods outside the “west.”

As the de-dollarization continues (mostly driven by the lessening of oil sold using the petrodollar), the disparity in price will get even more stark.   As a result of this dynamic, wages in the USA (or the “west”) must necessarily rise faster; however, that’s only part of the issue.

If I took $200 into a Russian supermarket, buying only consumable food products, I would end up with about 3 shopping carts full of food.  Take that same $200 into the average USA supermarket and you get one shopping cart or less.  This is the scale of what is likely to happen in durable goods.  The “cleaving” is underway.

Let me say that again, the “cleaving” of dollar-based price/value is underway.

Starbucks pulled out of Russia.  The building still exists, the furniture still there, the equipment still there, just a different name, “Star Coffee” lolol.   Starbucks is roughly $6 for whatever, the StarCoffee is $1.  Same stuff.   A cab/uber ride in USA might be $25, or in EU might be €30, but outside the yellow zone around $6 to $10/max.  It’s getting crazy how big the difference is.

Now, the price disparity is not in everything, only in the products that do not originate from inside the yellow zone.  The increased price of the yellow zone goods transfers into the grey zone when the product is moved.  However, if the yellow zone and grey zone both produce an identical product (or service), that’s when you see the massive difference in price.  [And no, this is not a lower cost labor issue]

Conversely, prices of goods originating from the grey zone shipped to the yellow zone will be far less than the comparable product created from within the yellow zone.

What is going to happen?

I suspect we are going to import even more products from the grey zone at a greater rate, because there’s a lower origination price and greater opportunity for profit.  Wait and see.

China needs energy, Russia needs computer chips and tech.  They are trading thusly.  Now watch… if the sanctions are ever lifted, we will start importing Russian made electronic goods, because less expensive.  It’s nuts.

Remember, our ‘western’ government is doing this to us on purpose.

Half of All U.S. Buick Dealerships Take GM Buyout Instead of Spending Millions Retooling to Meet EV Needs


Posted originally on the CTH on December 21, 2023 | Sundance

Half of All U.S. Buick Dealerships Take GM Buyout Instead of Spending Millions Retooling to Meet EV Needs

December 21, 2023 | Sundance | 299 Comments

This is somewhat of a predictably tragic outcome all things considered. I remember a previous conversation on these pages when GM moved massive investment into China to build their mid-size SUV brand, Encore.

Continuing the U.S. decline of the brand, the Wall Street Journal is reporting that approximately half of all Buick dealership in the U.S. have opted to take a buyout from GM, as opposed to spending millions in retooling, restructuring and retraining their staff to accommodate the EV influx.

Most of the EV’s shoved onto the dealer lots sit idle without customers to purchase them.

Wall Street Journal – General Motors (GM) has bought out about half of its 2,000 Buick dealers nationwide, based on their decision to not sell electric vehicles, according to a company spokesman Wednesday.

Dealers who are taking the buyout would give up the Buick franchise and no longer sell the brand, he said. The dealer can continue to sell other GM models, such as Chevrolet or GMC, that often account for a higher percentage of sales.

The Wall Street Journal reported in late 2022 that the automaker planned to offer buyouts to its U.S. Buick dealer network. The move came after the Detroit automaker gave the dealers a choice: Invest at least $300,000 to sell and service electric vehicles, or exit the Buick franchise. The investments would cover EV chargers and worker training, among other initiatives. (read more)

The Joe Biden EPA mandates for Electric Vehicles are going to crush the U.S. auto industry and consumers.  On the upside, regular, well-maintained gasoline powered used vehicles will hold their value longer.  Overall new car prices are already ridiculous and the prices of the EV’s are substantially higher.

Along with higher entry prices, the insurance is higher, maintenance costs are higher and the replacement parts for EV’s are insanely high.  In some models the replacement batteries cost more than the vehicle is worth.  How the auto industry thinks these mandates are sustainable is beyond logic, then again maybe that’s the feature, not the flaw.

If the overall goal is to reduce the number of vehicles on the road and control the transportation choices of the American public, then the EV mandate policy is designed well.

It’s all madness, and only one commonsense businessman seems to understand the issue.