Revelations – Are We In The End Days? 1,000-Year Cycle


Posted originally on May 17, 2024 By Martin Armstrong 

End Of World Aethelred2 1000AD English Silver Penny

Various cultures and religions have been concerned about the end of time looming throughout history. Aethelred II (978-1016 AD) was so convinced the world was about to end in 1000 AD that he removed his portrait from the coinage and placed the Christian symbol of the lamb on it. The world did not end, and he restored his portrait the year after. Why is there this need to constantly scream the end is near, which seems to plague Western society?

Turn the economy down, and you will find major upheavals in religion. To whatever extent our model may align with religion or even astrology, rest assured that neither are inputs into Socrates to make forecasts. So, I have found these prophecies of various religions interesting.

Marx Religion Opium of Masses

In our Western culture, we think everything is linear. I always found it interesting how Revelations 20, clearly lays out a cycle.

[7] And when the thousand years are expired, Satan shall be loosed out of his prison,

[8] And shall go out to deceive the nations which are in the four quarters of the earth, Gog and Magog, to gather them together to battle: the number of whom is as the sand of the sea.

The Bible describes a cycle. Some have interpreted this cycle as 6,000 years up, 1,000 down, and then it repeats. These are interesting times no doubt. Are they Biblical in proportion? No one knows the answer to that. But many always preach doom and gloom right down to Y2K and the Mayan calendar ending. They cling to the latest topic and go. It was the year 1,000 AD when the Last Judgment was to take place, according to popular conjecture. It did not. But it did start the pilgrimage movement from Europe to the Holy Land, and that led to the creation of the Knights Templar to protect the pilgrims. It ushered in a rebirth of trade that created merchant banking and then sovereign debt. This also sparked the Crusades. So, even wrong interpretations can have profound impacts.

Crusades

One indeed begins to wonder what will happen to the human race. Technology keeps on advancing with greater and greater power, either for good or for destruction, as the government desires to eliminate all rights, privileges, and immunities. But this is part of a constantly repeating cycle.

Government is the enemy of the people. Historically, it has always been. They seek only one thing—power over others. They will do anything to retain that power. They cannot sleep at night worrying that someone has something they want or is doing something they do not approve of. This is part of a long cyclical process where government is always the great evil empire, for it ultimately always seeks to dominate the people regardless of what form it has taken.

If we take this 1000 years to be literal, this is by no means the end of the world. Yes, it may be a Great Reset, but our computer shows they will NOT win, and we are headed into the rising tide of civil unrest around the globe, which is revolutions and the prospects of international war.

Marx ten commandments socialism

Then there is the passage from Peter about a day being like 1,000 years. All I can say is the computer is non-biased and non-religious, and it simply looks at all the patterns throughout history. People will act the same way no matter what century they live in because human nature has never changed since Cain murdered Abel out of jealousy. We have advanced technologically but not emotionally.

Peter 3:8–9 reads:

“But do not forget this one thing, dear friends: With the Lord a day is like a thousand years, and a thousand years are like a day. The Lord is not slow in keeping his promise, as some understand slowness. He is patient with you, not wanting anyone to perish, but everyone to come to repentance.”

Moses_with_the_Ten_Commandments

Even when we look at the Old Testament, we find cycles abound. Following the Ten Plagues to hit Egypt, Moses led the Exodus of the Israelites out across the Red Sea. However, After 40 years of wandering in the desert, Moses died within sight of the Promised Land on Mount Nebo. Moses did not make it to the promised land, so they wondered for about half the duration of an ECM wave. The fact that the prophets understood a year as 360 days is well established and can be seen in the prophecies of Daniel and Revelation as seen in the use of “time, times and half a time” (i.e. 1+2+0.5=3.5), “1,260 days” and “42 months.”

There is an agreement among Christianity and Islam that the end days will be similar. In Jewish eschatology, they are concerned with events that will happen at the end of the day. This includes the ingathering of the exiled diaspora, the coming of a Jewish Messiah, the afterlife, and the revival of the dead Tzadikim. Interestingly, on the slopes of the Mount of Olives, which I visited in the early ’80s, east of Jerusalem, and within sight of both the Temple Mount and the al-Aqsa Mosque, there lie about 150,000 Jewish graves dating from ancient times through today. Many of the bodies are buried with their feet toward the city, because ancient prophets declared that the resurrection would begin there, and the faithful would rise and follow the Messiah into the Holy City.

So, there is agreement among the main religions that the end of days or time awaits us. I do not know if this is the second coming. All I can do is provide the non-biased, non-religious forecasts of what is unfolding for the signs in the data. I do not dismiss that we will end up in World War III, but I also see that we should expect rising civil unrest and revolutions that will overthrow these pretend elected officials.

The computer agrees there is a great confrontation being thrust upon us as this Great Reset. Our computer shows that this is NOT the end of the world, but indeed a Great Reset where nations will fall but this is more like the final battle against communism. I am not a religious scholar and I am only trying to look at this and rationalize it with our computer forecasts which I do trust.

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.

The Second Motive of the Migrant Crisis Revealed


Posted originally on Feb 28, 2024 By Martin Armstrong 

Dollar Beat Up

I revealed how Democrats planned the deliberate invasion of America to secure votes for socialistic policies. There is a second motive that is not largely understood, but it becomes apparent when you follow the money. In particular, follow the dollar.

The dollar’s purchasing power is significantly less than it was a few short years ago. Americans understand that inflation is here to stay, and the cost of living far outpaces what they earn. Americans mourned the American dream and are living in survival mode. During private waves, when the public turns away from the government, people hoard their money. The American people no longer revere the USD and are turning away from all government investments. They see the value of their dollar declining every time they go to the store, pay their mortgage, or glimpse at their bank account. Tax season highlights the misuse of government funds as we are taxed every time we look at the dollar.

You know who does revere the dollar? Everyone living outside of America, especially the people in third world countries who still place the dollar on a pedestal because its purchasing power far outweighs their own national currency. Migrants are not following the American dream to build a new life; rather, they are following the dollar.

Fiat Money

Now, our fiat currency could easily be exposed for being worth less than the public perception. “Money” is merely worth its associated cost. There is not some magical bank within the Federal Reserve where they actually store trillions of dollars to use for every outlandish spending package. The Federal Reserve simply prints more money when demanded by monetary and fiscal policies. The dollar remains the strongest currency in circulation, for now, but it does not have the same strength as it once did.

The migrants provide the illusion of a stronger dollar and a reason to print in continuation to meet the monetary policies enacted under Biden. Furthermore, the migrants are provided with free housing, health care, food, and all other living expenses in order to perpetuate the concept of a strong dollar. If they were permitted to work, they would see that their wages would not take them far. They have no concept of American taxation. Therefore, the second motive behind the deliberate invasion of America lies within the declining purchasing power of the USD.

Ep 3289b – Epstein Back In The News, Cell Service Outages, We Are In Phase 2, Phase 3 On Deck


Posted originally on Rumble By X 22 Project  on: Feb 22, 2024 at 3:16 pm EST

Interview: Gold Surges Between War-Driven Inflation Dynamics


Posted originally on Jan 14, 2024 By Martin Armstrong |

Interview with GoldSeek Radio:

Head of Armstrong Economics, Martin Armstrong, reviews charts of the major indexes in real-time, noting “2024 could be a chaotic year.”

– Interest rates rise during boom periods.

“Yeah, I think people have to understand that the vast majority of analysis out there is all domestic. They’re just calling for the Fed and I think so many of them are talking about a major crash in 2024. What they never do is look outside the country. And honestly, if you look at the 3 indexes look at the Dow, the S&P, and then the NASDAQ, you’ll see the Dow leading.

And that is basically showing you that what’s going on here is international capital inflows. I mean, the more it’s getting crazy for wars just about everywhere. From Asia, you’re looking at the Middle East. You’re looking at Europe. We have probably more institutional clients than anybody in the world and they’re all starting to wake up a little bit and hedging their bets and they’re moving money to the States. That’s why the Dow has been rising, more so than you see. We have probably more institutional clients than anybody in the world and they’re all starting to wake up a little.

… but then again you have people just looking at the Fed and talking about ‘Oh, transparency.’ And is they only ever keep talking about old defense, going to ‘Lower rates, lower rates, lower rates.’

If you really look at it, objectively, interest rates always rise during boom periods, and they decline during recessions and depressions. We are looking at increased inflation, probably into 2028 caused by shortages and war. But you’re looking at a declining economic growth, so that ends up being more like the 1970s…and you’re looking there at what we call “Stagflation” where the inflation rate will be higher than economic growth.

– Increased inflation could erupt due to supply shortages and skirmishes.
– Stagflation similar to the 70’s could soon come to the domestic economy.

“That was basically caused by OPEC raising the price of oil dramatically and that created a cost-push inflation. So everybody’s costs were rising dramatically. Anything that had to do with plastic, went up dramatically and that created eventually the inflationary boom between 1976 going into 1980. As for gold rose to $875, etc…I think gold was about a $100 in 1976 and it rose to about $400 but that was by December 1979, the last six weeks of the rally, which peaked in 1980 on January 21st. So from December to January 21st, that’s when Russia invaded Afghanistan. So it was the geopolitical stuff that took gold from $400 to $875. So it’s important to understand inflation is not the major driving power but inflation when war is around – that’s what broke Bretton Woods…it was the Vietnam War.”

– Funds may be flowing into the blue-chip Dow Jones 30 stocks from global unrest.
– Geopolitical opinion and commentary.

Why Our Legal System is Collapsing


Posted originally on Dec 1, 2023 By Martin Armstrong 

Kings_Bench_1808

QUESTION: Your curiosity has traveled down so many paths, and you are quite unique in your diverse knowledge and experience. I am curious myself about your comment that our legal system has crumbled. As a legal scholar among your many talents, you mentioned that we should have taken the advice of Ben Franklin in creating our legal system but did not. Could you elaborate on why there are no longer fair trials and why this is the final straw before a nation collapses?

EW

Constitutional Law

ANSWER: In the English legal system, there was the King’s Bench, which followed the law, and then there was the Queen’s Bench, which exercised “equity” for sometimes imposing the law strictly was unjust. Take the case where an 18-year-old boy has been prosecuted for child molesting a 17-year-old girlfriend because her father pressed charges. After all, he did not like his daughter dating that boy. Under the law, someone under 18 is supposed to be incapable of understanding anything and thus cannot consent to sex – but they could change their sex or be vaccinated without parents ever knowing.

This was an abuse of law. Many could be prosecuted for that crime if a senior in high school dated a freshman. It is what you would call “inequitable,” and some countries have defined that as a percentage between the ages. That is far more reasonable than this arbitrary line of being 18.

PHILIP I AR Antoniniany Aequitas
Thrasymachus Quote

This concept of “equity” goes back to ancient Roman times. The image was Aequitas pictured holding the scales in one hand and a cornucopia in the other. However, Thrasymachus observed that there is no justice, for it will always be defined as the self-interest of those in power. Just look at the people imprisoned for being escorted into the Capitol Building on January 6th. It was orchestrated and instigated by the Deep State so that they could try to use the 14th Amendment to prevent Trump from ever holding office again.

They rigged the 2020 election, and that is something the CIA has done in other countries all the time, and the former head of the CIA has admitted doing so on FOX News. I was asked to invest $10 billion into Russia for the 2000 election to be rigged to take over Russia. On a rumor that someone sold the market to undermine the Republicans during the Great Depression, Hoover launched investigations that turned up nothing. Still, they created the Securities & Exchange Commission anyhow.  As Herbert Hoover wrote in his memoirs, apologizing for those investigations:

“Sometimes when a government is enraged, it burns down the barn to get the rat.”

Dickens 1

There is no rule of law. It is always the will of those in power – nothing more. Even Charles Dickens has written about how corrupt the legal system had become back in 1853. Dickens wrote in Chapter I of his famous novel Bleak House, “In Chancery,”

“Suffer any wrong that can be done to you rather than come here!”

Indeed, the current state of American federal courts has once again reached its lowest point, completing the revolution of the wheel of political fortune. This desperate attempt to prevent Trump from being elected is destroying the very foundation of law, and people who even hate Trump should be very concerned. Once they do this to Trump, they set the precedent and will do it to whomever they do not want to run. The very idea of a democratic system has crumbled to dust. They should fight Trump at the polls, not orchestrate fake insurrections, and try every scheme possible to stop him using laws that have never been applied to anyone else in such a manner.

Fauci was using a private email so his shenanigans would not be discovered under the Freedom of Information Act. Guess what? That is why Hillary has a private server – to hide what she was doing from being discovered. Look at Pelosi. How many millions did her husband make from stock trades on inside information that would cause anyone else to be in jail for 20 years? If I had my mother buy stock in a company I was advising on a takeover, that would have been illegal. The same rules do not apply to politicians.

The Framers of the Constitution had a different understanding of the essential requirement to be a “disinterested ” person. As Gordon S. Wood in his Revolutionary Characters points out:

“[Disintereste d [i] s being ‘superior t o regard t o privat e advantage not influence d by private profit, ‘ and that was what the founders meant by the term. We today have lost most of this earlier meaning. Even educated people now use disinterested as a synonym for uninterested, meaning ‘indifferent or unconcerned.’ It is almost as if we cannot quite imagine someone who is capable of rising above a pecuniary interest and being unselfish or impartial where an interest might be present.”
Revolutionary Characters, Gordon S Wood, p16, The Penguin Press

Even Ben Franklin was not truly respected until he retired from private enterprise to become a “disinterested ” man of dignity. The loose manner in which we allow those in Government to operate is astonishing. Today, government prosecuting attorneys are for sale. All the prosecutors filing against Trump follow their careers, and they will use Trump as their business card for a big-paying job afterward. Prosecutors can be hired by those they are supposed to preside over, who provide lucrative jobs to former prosecutors. They cannot be “disinterested” in the meaning that founded this nation. This allows the big firms who now need bailouts to engage in risky business with no fear of prosecution or even regulation that will ever interfere with their business operation. Those same sources of jobs can also be used to create investigations and prosecutions of competitors. The sad result is the complete collapse of the integrity of the financial markets, for there is no truly “disinterested ” regulation.

Shakespeare Killl Lawyers

William Shakespeare (1564-1616) wrote one of his most famous lines in Henry VI. To put it into context, you were not allowed to have lawyers in those days. The only “lawyers” were the prosecutors of the king. Thus, Shakespeare was commenting on the sad state of prosecutors also exercising their own self-interest to further their careers back then.

Edward I 1272 1307
franklin 2

Judges are there for life because Edward I (1272-1307) of England fired all the judges because they ruled against him. If the king did not win, then the judge was fired.

Ben Franklin recommended that the American Bar Association make appointments to the Supreme Court, not politicians.  Ben Franklin wanted to create a legal system based upon the Scottish model where lawyers and not politicians nominated judges. He lost that argument, and we have been paying dearly ever since.

Kings_Bench_(1808)

Most people assume that the Framers of the Constitution relied on the English judicial system. On the contrary, the Scottish judicial system was necessary, although it remains overlooked today. The Scottish system was part of the model for the Framing of Article III in crafting the Judiciary. Unlike the English system of overlapping and primarily original jurisdiction with Chancery (Equity) and the King’s Bench (law), the Scottish judiciary featured a hierarchical, appellate-style judiciary, with one supreme civil court sitting at the top and an array of inferior courts of original jurisdiction below.

Queens bENCH Dublin

Our greatest mistake was the merger of Chancery (Queen’s Bench) and Law (King’s Bench) in American courts. This allows the judges to circumvent the law and deny equal protection of the law at will. So, they can prosecute Trump for a novel theory that was never applied or intended when the law was written. They shift the burden to prove it is unconstitutional to the citizen, and the expense to vindicate your rights becomes impossible, so the state will always win by default. Court-appointed lawyers lose 99% of their cases because to get that job, the government must win. They have NEVER defended a citizen that I have ever known or witnessed. They are beholding to the state for employment and will NEVER bite the hand that feeds them.

justice fat

Our legal system has collapsed entirely. The sculpture of Jens Galchiot in Denmark of Fat Justice on the shoulders of a starving African man is truly the state of affairs for all of us. There is no rule of law to protect us anymore. The government has stacked the courts with former prosecutors who rule in favor of the government, making the conviction rate in the USA now approaching 99%. Worse still, the government can do as it likes, and you must go to court to say – hey! I have constitutional rights! Good luck.

Epstien XMas Ornament
Epstein when will he die

Jeffrey Epstein (1953– August 10, 2019) was killed. My lawyer warned me to be careful, for I was a target to be killed. I was always told to turn on the light before I entered my cell because they would put baby oil in the bulb, and when you turn it on, you will burn to death and cannot escape. I was attacked and presumed I would die. But to their dismay, I came out of the coma and survived. On July 25th, 2019, I wrote that Epstein would be killed and never be allowed to go to trial. Any case that exposes the depths of the Deep State will NEVER be allowed to go to trial – NEVER! The targets typically hang themselves or are killed in some fight by an inmate.

Legal Persecution

This is the simple reality of our legal system. There is no rule of law anymore.

The government uses the law to persecute those they disagree with.

John Stuart Mill wrote in his On Liberty in 1859, and nothing has changed.

Mill John Stuart Legal Persecution

Germany’s Legal Persecution of Investigating COVID Scam

Reiner Fuellmich

Reiner Fuellmich, an attorney and international freedom advocate, has been detained by German authorities.

He is conveniently accused of having embezzled hundreds of thousands of euros as managing director of the “Corona Committee Foundation”

Germany should be called to account for their Legal Persecution of Reiner.

Debanking Gold Dealers


Armstrong Economics Blog/Banking Crisis Re-Posted Aug 28, 2023 by Martin Armstrong

I reported previously that a dealer I knew suddenly had his credit line closed. I have warned that besides banks preparing for the coming CBCDs closing local branches in the USA as well as in Britain, I seriously question if they will allow people to buy precious metals and use cryptocurrencies post-CBDC. This is about control, and they want to shut down what they view as the underground economy, which they estimate is 20%-35%, and this is about increasing their taxation to automatic theft. This is the net result of Direct Taxation, which the Founding Fathers warned would happen, so they prohibited any form of Direct Taxation in the Constitution. The Socialists seized power and pushed for the income tax in 1913, and that has been a slow grinding process that led to eventually owning nothing and being very miserable – not happy.

Welcome to the Tyranny of Republics that NEVER Represent the People as History Warns

Americans Tapping into 401Ks amid Private Debt Crisis


From Armstrong Economics Posted Aug 14, 2023

Credit card balances in the US have surpassed $1 trillion for the first time, with balances up almost 20% from a year ago. The Federal Reserve Bank of New York reported that total credit card debt stood at $986 billion in the first quarter of 2023, unchanged from the record hit at the end of 2022. The average credit card interest rate offered in the US over the last three months of 2022 stood at 21.6%, according to WalletHub, a jump from about 18% a year prior. Americans are now tapping into their retirement funds to make ends meet.

Hardship withdrawals allow employees to pull money out of their 401K for an “immediate and heavy financial need.” No one would recommend doing this unless the situation was dire. Bank of America reported that 15,950 employees enrolled in 401K programs made a hardship withdrawal during the first three months of 2023, a 36% rise from Q2 22. Individuals must show evidence that the money will be used for a major hardship in order to avoid the 10% early withdrawal fee imposed for those under 59.5.

It costs more money to borrow thanks to rising interest rates. The majority of Americans do not have money stashed away for a rainy day, and those who do are rapidly draining their accounts to keep up with Biden’s economy. The CPI report in June showed a rise of 3% YoY, but look around, absolutely everything is more expensive. Shelter costs have reached an all-time high and the price of food is on the rise, especially with wheat price manipulation going on using the war in Russia as a guise. Why are we sending hundreds of billions to a foreign nation when our own people cannot afford to live? The masses need to wakeup and get mad at their current predicament before the next election if we even have one.

Bidenomics – Multiple Key Performance Indicators Spell Trouble Ahead


Posted originally on the CTH on August 10, 2023 | Sundance 

Several people have made queries about the current state of our national economic condition against the backdrop of disconnected data points that seemingly conflict. Here’s my review.

July and August are key months to gauge the prior six months of U.S consumer positioning.

Why?

Because all advance purchase orders for the U.S. holiday season are made in May, June and July for inventory builds and delivery schedules for September.  The decisions made by purchasing officers in late spring and early summer, reflect their predictive analysis for the holiday season.

Inventories are evaluated, critical financial discussions are held, and orders are placed for September arrival and distribution.  This predictive activity is what we see in the July and August data that flows from the global, multinational and shipping corporations who facilitate the transfer of the goods.  Check what is happening in distribution, and you can see what eventually creates the boxcar effect in the supply chain that ultimately leads to shuttered manufacturing.

Those who are involved in the business of shipping goods are signaling the flares around the state of the consumer economy and what will happen.  At the same time, the wording is almost hilarious in this era of great pretending.  Instead of saying ordinary words like “poor sales results for durable goods,” the parseltongue calls sales, “destocking.”  Example:  “CEO Vincent Clerc said he saw no sign that the destocking which has curbed global trade activity would end this year.”

Global shipping company Maersk is warning that shipping volume is low because warehouse inventories are high.  The goods are unsold.

(Reuters) – […] CEO Vincent Clerc said he saw no sign that the destocking which has curbed global trade activity would end this year.

“We had expected customers to draw down inventories around the middle of the year, but so far we see no signs of that happening. It may happen at the beginning of next year,” Clerc said at a media briefing.  “Consequently, the uptick in volumes we had expected in the second half of the year has not occurred,” he said. (read more)

The lack of shipping leads to a review of inventory status for the warehouses who would receive the goods.

Bulging Warehouses – […] A review of corporate statements and briefings shows more than 30 U.S. and European companies, including Hugo Boss, Heineken and A.P. Moller-Maersk, 3M Co and Stanley Black & Decker complained that destocking hurt their second-quarter performance.

Retailers particularly have struggled with stocks of clothing and footwear as consumers splurge on holidays rather than goods as they did during pandemic lockdowns.

The downbeat outlook comes amid low expectations for second-quarter results as China’s post-pandemic recovery slows. Refinitiv I/B/E/S data shows U.S. and European companies are expected to report their worst quarterly results in years.

Companies which stockpiled last year are finding it harder to shed inventories when higher borrowing costs and inflation crimp consumer demand, corporate executives and analysts said.

In the euro zone, stocks of finished products hit records in August last year and destocking only started in May, based on latest euro-zone manufacturing data.

In the U.S., an analysis of U.S. Bureau of Labor Statistics by CFRA Research showed business inventories soared by 20% in mid-2022, the biggest jump on record based on data that goes back to 1993. Retailers led the trend – raising inventories by a quarter from a year earlier.

The date in this next paragraph is key:

[…] The U.S. inventory-to-sales ratio was 1.4 in May, up from 1.33 a year ago, which means retailers, manufacturers and wholesalers have more inventory than they can sell at a higher rate than a year ago. (link)

When purchase order decisions for the holiday season of 2023 were being made, the inventory levels were higher than 2022.  This is KPI (Key Performance Indicator) data, because the holiday of 2022 was a total mess.

Holiday sales last year were exceptionally weak as wage earners were struggling to pay for higher prices in essential goods and services, fuel, oil, heating, energy, gasoline, food and shelter.  The lack of consumer purchasing for non-essential goods and/or luxury items resulted in poor sales last year, and the inventory levels are actually higher this year than last year when this year’s purchasing decisions were being made.  That reality drops purchase orders.  The dropped purchase orders lead to Maersk saying they are shipping less goods.

Now, let’s get USA domestic…. because it’s all connected.  For that let’s turn to the U.S. Postal Service:

USPS DATA – First-Class Mail revenue increased $221 million, or 4.0 percent, on a volume decline of 678 million pieces, or 5.9 percent, compared to the same quarter last year. Shipping and Packages revenue remained relatively flat while volume declined 41 million pieces, or 2.4 percent, compared to the same quarter last year.

Marketing Mail revenue decreased $333 million, or 8.8 percent, on a volume decline of 2.6 billion pieces, or 16.0 percent, compared to the same quarter last year. The Marketing Mail decreases were driven by the continued decline in advertising spending due to economic pressures experienced throughout most of the fiscal year, a higher inflationary environment affecting print media production costs. (link)

So, let’s put it all together….

Consumers did not buy stuff.  As a result, spring inventories were high.  Purchasing managers forecast weak sales. Summer purchase orders were very low.  Shipping companies reflect declines in shipping because the purchase orders were low. Advertising and marketing budgets were cut to meet the decrease in consumer spending.  Consumers are not forecast to spend this holiday season.

The economic pie is getting smaller.

Keep in mind, this is all intentional.  This is all part of the outcome from “managing the transition” to a new energy economy.

As you are well aware the various western nation central banks including the U.S. Federal Reserve, are raising interest rates into a global economic contraction, a drop in demand.  Raising interest rates into a contracting economy is counterintuitive, it runs against the expressed interest of government to grow economic conditions.  However, there is a purposeful design to the contradiction.  [A TLDR Version Here]

The central bankers are trying to support western government policy.  Unfortunately, the government policy they are under obligation to support is the fundamental energy shift, or what the World Economic Forum (Davos Group) has called the “Build Back Better” climate change agenda.

Monetary policy can only impact one side of the inflation challenge.  The western bankers (EU central bank, U.S. federal reserve bank, and various banking groups) are raising interest rates in order to “tame inflation” by “taming demand.”  However, as you know the global economic demand has been declining for several quarters.  Raising interest rates into an already contracting economy only does one thing, it speeds up the rate of economic contraction.

Economic contraction is the lowering of economic activity.  Raise interest rates -in a general sense- and businesses invest less, borrowers borrow less, consumers purchase less, employers expand less, and the economy overall slows down. When the economy turns negative, meaning less products and services are produced, we enter a recession. Some businesses and employers do not survive a recession and subsequently unemployment rises.

During recessionary periods people buy less stuff, people have less income stability, and economic activity drops.  When the banks raise interest rates into an economy that is already stalled or contracting, unemployment and general pain on Main Street increases.  Workers are laid-off, incomes shrink, consumer spending drops and that leads to less employment.  Recessions are bad for middle-class and working-class people.

However, that said, there is one benefit from a recession…. Energy use drops.

1st Amendment is Slowly Being Taken Away


Armstrong Economics Blog/Freedom of Speech Re-Posted Jul 25, 2023 by Martin Armstrong

“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.”- This is our first amendment right which was signed in 1791. According to a recent poll, it is said that 55% of Americans believe that the government should have a say in restricting false information online and then 65% of Americans believe that Tech companies should remove content on what they believe is misinformation. I am not sure why anyone would think that this is a good idea. If our sources of information are regulated (which most of it is), and everything is being portrayed how the government wants us to see it- we are provoking the constitution ourselves. Basically, this would correlate as being brainwashed. The founders would roll over in their graves. This is a revoke of  what we ask our soldiers to die for- our Constitutional Rights.

Take the discovery of Obedience to Authority as an example. This discovery was made by Stanley Milgram who did experiments to show we are influenced by mob behavior. Meaning, that people would torture one another if ordered to do so. As I have said in a previous blog- “society swings back and further between public & private confidence. People canceling anyone who has ever said anything, even 30 years ago, is the swing of the pendulum excessively to the left. The swing is based upon the “sheep” who can be herded and they will move back and forth depending upon their influence.”

With that being said, people are very easily influenced towards a higher authority. Whatever the government thinks is good, most people will follow. There are some countries who already censor the content that they allow their citizens to view/ post, a few being North Korea, Vietnam, Iran, and China. In some countries, the fear of imprisonment for “spreading misinformation”- meaning if it’s criticism against their government, they will be dealt with severely.

This poll showing that 55% of Americans believe that the government should censor media content is very questionable. We have our First Amendment right put in place for a reason which doesn’t seem to mean anything these days since Tech companies such as Tik Tok have already limited, censored, or completely will remove videos of information that THEY find harmful or violent. The very argument that Russia censors what people can say is what we ask our own soldiers to fight against, yet the majority thinks that this is ok for our government to carry out. Our soldiers put their life on the line every day to fight to protect our rights, but doesn’t it seem a bit hypocritical that some think that the government should censor things that they believe shouldn’t be out there in the world. This is a direct rebuke to our Frist Amendment.