Canadian Wildfires – CLIMATE LOCKDOWNS BEGIN


Armstrong Economics Blog/Conspiracy Re-Posted Jun 9, 2023 by Martin Armstrong

There is something strange in the air. Are we to believe that what is occurring is simply the result of wildfires in Canada all occurring simultaneously? Official reports claim that droughts caused the conditions for the fires. Quebec said that the fires were ignited by lightning, Alberta admitted the cause of their fires is still unknown. Other provinces also blame lightning and dry conditions, but no one seems to have a clear answer for why over 9.4 million acres in Canada have burned.

Trudeau seemed unemotional and unsurprised during his press conference. He was utterly tone-deaf for a leader of a country where millions of people were just displaced from their homes. This will certainly fuel his desire to implement harsher carbon taxes. The people of Canada were not properly warned, as you can see in the video above. I share videos from the TikTok platform because it is one of the only peer-to-peer sites available where users can share their uncensored experiences. The man speaking learned that his home was burning down through posts shared on Facebook, not the Canadian government.

And the claims of lightning storms? The weather trackers did not seem to pick up on any extreme storms:

Some may say they are strategically burning areas to prevent the fire from spreading. What’s really happening here?

President Joe Biden is already blaming “the climate crisis” for these unexplainable events. The smoke spread to the US in 18 states from South Carolina to New Hampshire. The New York skyline turned a vibrant shade of apocalyptic orange. The smoke contains fine particulate matter, or PM2.5, the tiniest yet most dangerous pollutant. The Air Quality Index (AQI) is safe at levels around 50. New York and New Jersey experienced levels of over 400 this week. New York topped global charts and had the worst AQI in the world.

Experts say breathing in the air is equivalent to smoking half a pack of cigarettes. “There is no safe aspect of wildfire smoke,” explained Kari Nadeua, Naddisy Foundation Professor of Pediatric Food Allergy, Immunology and Asthma at Stanford University, in an October 2020 Stanford Woods Institute for the Environment wildfire research report. “Exposure to wildfire smoke over 5 to 7 days can cause damage to the lungs, blood, and heart and cause strokes. There is no safe distance from smoke.”

New York Governor Kathy Hochul has urged residents to wear masks and stay indoors. We’re entering a lockdown once again. New York even provided over 1 million N95 masks, and this time around, people may want to put them on. Schools and sporting events across New Jersey and New York have closed along with some businesses. The governments are testing an ECONOMIC LOCKDOWN.

Conspiracy theories are spreading faster than the fires. Some believe that the missing 30 tons of ammonium nitrate were used for this attack, and are calling it economic terrorism. Others believe that Canada deliberately started the fires. With countless areas covered in smoke, the people cannot see. This would be a great way to test a potential attack in broad daylight. Some are concerned that there are chemicals in the air that they intend to use to start the next pandemic, as numerous agencies have said they are preparing for a second one. I won’t even go down the rabbit hole of the conspiracy theories regarding the sun or the Chinese balloons. No one trusts the government or the mass media anymore.

One thing is for sure – the governments will blame this on climate change when they allegedly do not have a clear answer. We are experiencing our first economic lockdown, unofficially.

Has the World Simply Gone Mad?


Armstrong Economics Blog/Uncategorized Re-Posted Jun 8, 2023 by Martin Armstrong

 The indictment of Trump federally confirms what our computer has been warning about for the 2024 election – there will be none – at least a fair one at that. Never has any former president running for office been targeted and the Department of Justice has been completely weaponized. All for documents that he clearly had no intention of handing to some foreign enemy. They had to do with the stolen election and Hillary using the intelligence agencies to even spy on Trump when in the White House.

I do not say that as a Trump supporter. We have Hunter Biden who has committed crimes that anyone else would be in prison for and the IRS and DOJ have been protecting him. You have the FBI brought to the brink of contempt for refusing to release documents that could justify not just impeaching Biden, but charging him with Treason. The point here is that these are the tactics normally seen in banana republics and even Ukraine where the former president is somehow always criminally charged to eliminate opponents in the future.

Yet none of this matters anymore. The media has committed treason and is doing everything to destroy this country by refusing to EVER just be balanced anymore. All we get is endless propaganda and with the Canadian fires, they will not even ask how did all these fires start simultaneously and whether will they be used for now Climate Lockdowns to further destroy our economy?

V

Remember Schwab’s cheering on how great lockdowns were for society? This is why we now have a Commerical Real Estate crisis for they deliberate;y used the lockdowns to stop commuting to work to reduce CO2. They had no basis in mitigating COVID. Now people were compelled to work Virtually and that killed offices which was their end goal. While kids are back in school, physical local stores are doing better than expected, and even retirees have started to return to cruise ships. But the primary target was to undermine small businesses and terminate office buildings in general.

Commercial real estate is in far worse shape than most care to look at. Offices buildings are struggling and the implications set off a contagion that will engulf banks, landlords, municipal governments from a tax perspective, and individual investment portfolios. The economic damage from the lockdowns is far-reaching and it is due to make everyone sit up and say OMD post-2024.

This will be the next real estate crisis and this one will invoke a catastrophic change that will not come back anytime soon. There is nearly $1.5 trillion of US commercial real estate debt that comes due for repayment before the end of 2025. This impact the larger banks and many assume that the defaults of banks have been driving the cash from regional banks to the big banks in hopes of stemming this tide.

During the first quarter of 2023, U.S. office vacancy topped 20% nationally for the first time really since the Great Depression. Then there are cities that have embraced WOKE to their detriment and are witnessing the worst. In San Francisco, the vacancy rate in the first quarter of 2023 climbed to 29.4%, up from 27.6% in the fourth quarter of 2022. Manhattan has a vacancy rate of n the first quarter of 2023 at 22.2% according to Cushman & Wakefield.  Dallas has been absorbing the flight from California so its vacancy rate is 18.7% according to Cushman & Wakefield.  The commercial vacancy rate in Miami, Florida office market has an overall vacancy which has been declining counter-trend to the rest of the nation falling now to 15.8% according to Cushman & Wakefield. In Chicago, Class-A vacancy rate stands at 19.3% while Class-B vacancy jumped to 28.3% according to Cushman & Wakefield.

These figures understate the severity of this crisis. While Biden’s staff is stuffed with LGBTQ which overrepresents their portion of society, we are hanging by a thread economically. You have the standard people running around screaming the sky is falling and selling all stocks. But selling stocks is typically followed by the flight to quality which is government debt. Yet somehow that seems strange in the period of a collapse in the confidence of government.

Meanwhile, Ukraine is the MOST untrustworthy government on the planet. The United States intelligence learned of a Ukrainian plan to attack the Nord Stream natural gas pipelines three months before they were damaged last September by underwater explosions, The Washington Post reported on this citing leaked information posted online. The damn they blew up and tried to blame Russia just so happens to also impact the water supply of Crimea.

It was Ukraine which blew up the dam because it would cut off the water supply to Crimea. Everything also results in Zelensky demanding more and more money from the world. He is “shocked” that the Red Cross and the UN are not pouring money into Ukraine for disaster after every disaster they create. This is the man determined to draw in the entire world to destroy Russia. When we foolishly give them F16s, they will attack Crimea and we will have World War III.

Meanwhile, the losses of Ukrainian troops have exceeded 200,000 according to reliable sources inside Ukraine. This is why NATO is actually looking at sending in ground troops for Ukraine is losing badly. Nato countries now say that they may be willing to put troops on the ground in Ukraine if member states including the US do not provide tangible security guarantees to Kyiv. As I have warned, NATO’s only purpose is to create war – not peace.

Will It All Explode by the Ides of May 2025?


Armstrong Economics Blog/Ukraine Re-Posted Jun 8, 2023 by Martin Armstrong

I know some people send emails alleging I am some sort of Putin supporter. Most of my sources come from inside Ukraine. There is NO government on this earth that EVER has 100% approval of its people. There are ALWAYS two sides just as we have in the polarization of the United States. Many have been forced to flee Ukraine. Zelensky has been forcing young boys to fight on the front line and they are inexperienced and dying by the thousands. Zelensky is wiping out a generation rather than simply honor the Minsk Agreement for the Donbas are Russians who they will NEVER accept anyhow. This is simply a land grab and he is destroying his country for the Neocons and will fly off to his estate in Miami to live like a king forever after.

I believe Zelensky is pure evil. He promised peace and is killing off an entire generation for his greatest European Investment of all time in rebuilding Ukraine with Blackrock – another evil private empire. His constant propaganda that Putin is evil will backfire. The Russian Presidential elections are scheduled to be held in Russia in March 2024. This will be the first round on Sunday, March 17th. If no candidate receives more than half the vote, then a second round will take place exactly three weeks later on April 7th, 2024. The winner of the election is scheduled to be inaugurated on May 7th, 2024. When we look at the computer, it has a Directional Change in 2024 and a Panic Cycle in 2025.

Absolutely NOTHING that comes out as news from Ukraine, NATO, or any mainstream media is EVER going to be the truth. NATO is really a terrorist organization. They exist only for war – not peace. Ask people who live in the former Yugoslavia how they were bombing civilians and the media covered that up as well. They have built this up all about how Putin is evil and Zelensky refused to allow even the Pope to mediate for peace saying you cannot negotiate with Putin. In truth, it is Zelensky who is the Judas and has sold out his own people for a handful of silver.

My fear is that Putin will step down and then we will see the hardliners take the helm. I do not see Putin there post-2024. The hardliners feel Putin has been too “soft” and had he simply invaded Ukraine instead of defending just the Donbas, then this war would have been over in 6 weeks using the same tactics the USA used on Iraq – shock and awe.

This does NOT look good for the future and these damn Neocons never consider what if they are wrong! They BS themselves into thinking Russia is weak and they can destroy it once and for all and divide it up into their EuroAsia and then turn on China. If the hardliners come in, they will do whatever is necessary to defend Russia against our insane Neocons like Lindsey Graham, Victoria Nuland, John Bolton, etc, etc. The United States will lose this war just as they did in Vietnam. People like Graham care nothing about the dead civilians who always outnumber the soldiers. He relishes the idea of washing his hands in Russian blood.

It was Ukraine that waged war on the Donbas calling them terrorists because they sought independence from Kiev which in itself sought independence from Russia. That was the pot calling the kettle black as they say.

It was John McCain preaching war and revolution at Maidan. What if Putin came to the USA and delivered a speech on January 6th calling for the overthrow of Biden? I seriously doubt that the American press would have looked at that very kindly. But our Neocons could care less about anything. All they want is endless wars.

Zelensky has done precisely the opposite of what he promised. The people wanted peace – not the destruction of their country. Zelensky is filling his pockets and as I warned from the very start, this would be the man put in place by the Neocons to begin World War III. Our lives mean nothing to the Neocons. They are absolutely evil people who cheer over the deaths of others. Communism fell. People like Lindsey Graham and John McCain never could stop their hating of Russians and Chinese. They should NEVER be allowed anywhere close to the government. Russia will defend itself and Putin has been the moderate. What comes after the next Russian election will not be moderate. Their Neocons are saying – See, I told you so. America is Evil! Thank you Lindsey Graham – there are people judging all Americans because of you.

C

Gold & the Future


Armstrong Economics Blog/Gold Re-Posted Jun 7, 2023 by Martin Armstrong

QUESTION: Mr. Armstrong, first I want to thank you for your independent analysis. In gold, all they ever say is buy – buy – buy. It seems if you ever say anything else, they ridicule you. Gold to them is a religion, not an investment.

My question is that you have always said that the fourth challenge to a high is when it breaks out. Do you expect that this year?

Thank you ever so much

WK

PS: Was that you at the Premier of Pandemic3?

ANSWER: We still have a barrier of overhead resistance at the 2160-2180 level and some at 2200. After that, the next resistance is around 2600. Keep in mind that Ukraine is the MOST untrustworthy country on the planet. Already arms provided to Ukraine have been used in the attacks inside Russia. The F16s will be used to attack Crimea. All they will do is spread their hatred and they are deliberately trying to create World War III. They will create a false flag to attack a NATO country and claim it was Russia. They have been desperately trying to capture a Russian missile so they can fire it at Poland.

Our computer shows NOTHING but war ahead, especially from 2025 onward. But for now, expect the volatility to begin to rise again from June into next January. INFLATION will NOT subside. It cannot when we are at war. Biden will spend whatever he is instructed by the Neocons.

Yes, I was at the Premier in Austin, Texas. That is me in the background.

The Cloward-Piven Strategy


Aemstrong Economics Blog/Civil Unrest Re-Posted Jun 6, 2023 by Martin Armstrong

COMMENT: Your reporting on the Red Cross and other organizations that facilitate the mass importation of illegals into America is well done. But its purpose is about more than just a move to import a bunch of Biden voters to help secure a second term.
Are you aware of the Cloward and Piven strategy? These were two communist professors who devised a plan to take down the capitalist structure of the United States through mass illegal migration that overwhelms U.S. social safety net programs and local governments. It is an intentional plan to collapse the U.S. and bring in a new (global) regime that will issue ‘guaranteed basic income’ to all.
I’ve never seen you comment on Cloward and Piven, would you care to share whether Socrates shows their plan will be successful?

REPLY:

The four steps of the Cloward-Piven Strategy:
1. Overload and Break the Welfare System
2. Have Chaos Ensue
3. Take Control in the Chaos
4. Implement Socialism and Communism through Government Force

Overburden the bureaucracy to break the system, create controlled chaos, usurp power as civil unrest peaks, and offer government aid as the only solution. This was the basis behind the Cloward-Piven strategy created by sociologists Frances Fox Piven and her husband, Richard Cloward. The couple published their theory in The Nation Magazine on May 2, 1966, entitled “The Weight of the Poor: A Strategy to End Poverty.”

This was a decade of political activism in America. The war in Vietnam was raging on and the alternative hippie lifestyle became prominent as people protested the violence. The Black Freedom Movement and the push for equal civil rights had peaked and helped to end the Jim Crow laws in the South by 1965. The LA race riots, also known as the Watts Rebellion, occurred in 1965 as well after the police beat a black man who was arrested for a DUI. That particular riot lasted for six days and led to 34 deaths, 1,032 injuries, and over 3,000 arrests. This began a string of riots in America where black Americans and supporters clashed with police, similar to the events that occurred after the death of George Floyd that started the Black Lives Matter movement.

We had major political activists such as Martin Luther King Jr. making real change in America. The intelligence agencies had a close eye on him, and his death in 1968 is a topic for another post. On the other side were the likes of Malcom X, who originally did not advocate for peace as King did. The cohesive movement fell apart with mass unrest and no one at the helm. The movement began with African Americans asking for basic human rights and understandable anger. The purpose of the movement, again similar to BLM, became lost, and the government aimed to use the civil unrest to its advantage.

“[T]he strategy we propose, is a massive drive to recruit the poor onto the welfare rolls,” the sociologists wrote in their theory. This theory aimed to overburden social programs at the state level to give the federal government the power to control the people.

“Widespread campaigns to register the eligible poor for welfare aid, and to help existing recipients obtain their full benefits, would produce bureaucratic disruption in welfare agencies and fiscal disruption in local and state governments. These disruptions would generate severe political strains, and deepen existing divisions among elements in the big-city Democratic coalition: the remaining white middle class, the white working-class ethnic groups and the growing minority poor.”

Cloward and Piven noted that civil unrest was necessary to create change and encouraged the government to antagonize the masses. “The poor are most visible and proximate in the local community; antagonism toward them (and toward the agencies which are implicated with them) has always, therefore, been more intense locally than at the federal level.” As the anger brews and protests erupt, the government will lasso in the masses, acted as both the hero and the villain.

“In order to generate a crisis, the poor must obtain benefits, which they have forfeited. Until now, they have been inhibited from asserting claims by self-protective devices within the welfare system: its capacity to limit information, to intimidate applicants, to demoralize recipients, and arbitrarily to deny lawful claims.”

Tell the people that they are victims and instill a sense of entitlement for their neighbor’s assets. Remind the people consistently that they are oppressed and only an equal distribution of wealth can save them from the confines of poverty. Cloward and Piven insisted that hard work could not “elevate the poor en-mass from poverty.”

“The ultimate objective of this strategy–to wipe out poverty by establishing a guaranteed annual income,” the theory clearly stated. The theory stated that the creation of unions was a good start to bargain collectively, but still not enough to solve poverty. “Union leaders have understood that their strength derives almost entirely from their capacity to provide economic rewards to members,” the theory noted. “A federal program of income redistribution has become necessary to elevate the poor en masse from poverty,” meaning a shift away from capitalism entirely.

Cloward and Piven stated that a minimum standard of living must be provided to the people through federal welfare. That right must be guaranteed to end oppression, thereby ensuring Guaranteed Basic Income. Furthermore, there could be no conditions for benefits as it “results in violations of civil liberties.” Therefore, expecting able-bodied people to work would be an attack on the welfare system. The sociologists insisted that most people were in fact eligible for welfare and encouraged the government to advertise in brochures, schools, stores, churches, civic centers, and public housing projects. They even advised the government to send people door-to-door to explain to people that they are oppressed and deserving of GBI as a “civil education drive will lend it legitimacy.”

“As the crisis develops, it will be important to use the mass media to inform the broader liberal community about the inefficiencies and injustices of welfare.” To succeed, the shift away from capitalism required “mass influence” and “publicly visible disruption.” “Crisis can occur spontaneously (e.g., riots) or as the intended result of tactics of demonstration and protest, which either generate institutional disruption or bring unrecognizable eruption to public attention.”

The bigger the crisis, the more power the government could usurp. They noted that politicians paid attention to massive uprisings, and they had been used to “reinforce the allegiance of growing ghetto constituencies to the national Democratic Administration.” The sociologists noted that the Conservative Republicans would decry a public welfare system and that the Democrats needed to appeal to the emotions of the people over logic. They also urged for “a coalition between poor whites and poor Negroes” to turn the race war into class warfare.

“Once eligibility for basic food and rent grants is established, the drain on local resources persists indefinitely.” Cloward and Piven wanted to overburden the welfare system at the state level to eliminate state rights. Therefore, under this theory, government is encouraged to market a crisis, antagonize the people, and offer a solution. The only solution being to replace capitalism with socialism or communism by which the people would be entirely dependent on government. You will own nothing and be happy.

The Great Awakening


Armstrong Economic Blog/Disease Re-Posted Jun 2, 2023 by Martin Armstrong

Interview: The Fall of Western Civilization


Armstrong Economics Blog/Armstrong in the Media Re-Posted Jun 3, 2023 by Martin Armstrong

Watch the video above or click here to view the latest interview.

Martin Armstrong returns to the Outer Limits of Inner Truth Podcast to discuss: what Socrates is saying about the 2024 election, the likelihood that CBDCs will not succeed based on what happened in Africa, the fall of Western Civilization, where the elites want to take humanity, and how to preserve your liberty in these trying times.

Interview: The Real Rate of Inflation


Armstrong Economics Blog/Armstrong in the Media Re-Posted May 13, 2023 by Martin Armstrong

You are NOT Alone


May 19, 2023 | Sundance 

You are NOT alone!…

It might, heck, -check that- it does seem overwhelming at times.  But that is the nature of this collectivist strategy.  That is the purpose of this bombardment.  We must hold strong and push back against the lies and manipulations.  If you look closely at the attack, it is weak and much of it is psychological bait.  Do not fall into the trap of despair.

When I share the message “live your best life”, it is not without purpose.  Every moment that we allow the onslaught to deter us from living our dreams, is a moment those who oppose our nation view as us taking a knee.  Do not allow this effort to succeed.  You might ask yourself how I can, one person, a flea looking into a furnace, retain an optimistic disposition while all around me seems chaotic and mad.

Simple answer, it’s your choice.  Two wolves fight – one filled with despondency, isolation, despair and dark imaginings; the other filled with faith, something bigger, unrelenting hope, focus and driven to remain connected. Which wolf will win?  The one you feed.

The feeling of isolation begins first with a rejection of God…  If you want to shake it, reconnect.

Shake it off. “Get up, get back on your feet, you are the one they can’t beat, and you know it.” WATCH:

The point?  It ‘seems’ chaotic and mad because it has been created to appear that way.  There are more of us than them; they just control the systems that allow us to connect, share messages and recognize the scale of our assembly.

And here we are… divided by a network of seemingly intoxicating systems; many purposefully driven by the modern dynamic of social media, steering a tribal outcome we are only now just beginning to fathom.

Ultimately the collective weight of progressive leftism is putting us is isolation. There are many historic references to this disconcerting sentiment to review with hindsight. However, ultimately the feeling of isolation first begins with a rejection of God.  Defeat it by embracing Him.

In/around July 2020 it was obvious in my travels we were on the precipice of a disconnect from human interaction that would numb our psyche to what ultimately matters, fellowship.

Not only are various governmental agencies forcing the separation of people from their community networks, we were also seeing faith-based organizations, churches, buying into the fear.

Even in areas where churches were not forcibly shut down, we saw a structural shift where some faith leaders were willingly ostracizing their community under the guise of various medical, social and cultural alarms.

This is not good…. not good at all.

Fellowship is the essential ingredient to a purposeful life. How and why we interact with each-other is how and why we recharge our core humanity.

To see faith leaders willing to separate from the function of fellowship was alarming. However, as individuals we must not allow this foreboding sense to become the normal expectation.

Our nation needs more people like you, right now. Don’t wait… engage life, get optimistic however you need to do it. Then let that part of you shine right now… This is how we fight. Hold up that flag; give the starter smile… rally to the standard you create and spread fellowship again.

Throughout history large armies have been defeated through the process of division. It is not a leap to see the same strategic objectives being deployed against social assemblies including congregations. It is puzzling how many in leadership cannot see the danger in social and spiritual distance when the bond of fellowship is needed more than ever.

Each of us has a different connection to our community. Each of us has a different level of internal strength… such is the nature of living. However, the distance between people is manifestly not a good outcome when combined with the lack of food for the soul.

The influence of social media is already troublesome, physically distancing from human engagement only worsens the impact. There is no digital replacement for the true fellowship of humanity on a personal level.

Ultimately it is the currency of human connection that is the true value in our lives.

We have each felt how our positive influence upon the lives of others nourishes our own sense of purpose and fulfillment… Do not lose that. Do not think you can compensate for that through other arbitrary measures; you cannot.

With local, state and federal leaders moving increasingly toward self-interest; with disconnected workplaces creating social distance; with faith-based leaders unfocused on the value of fellowship; and now government entering your home to tell you the importance of separating yourself from your family we must dispatch these arbitrary decrees very deliberately.

Perhaps we are in this position today because we didn’t sit still enough and contemplate the real priorities in our lives.  Fellowship is the essential ingredient to a purposeful life.

I will not divide my humanity, nor concede my core view of fellowship, simply to comply with the demand of another that I consider my brother or sister of greater or less value than myself.  Any system that seeks to steer my path will not benefit from my participation.  I choose freedom!

My f**king choice…

Our Liberty is inherent.

Our freedom is inherent.

The removal of both requires consent.

I choose not to disconnect.

I choose purpose.

I choose my own humanity.

I believe in a generous loving God.

My faith stands.

Whatever it takes.

I’m going back into the battle, refreshed, renewed, rearmed and restored….  No weapon formed against us will prosper!

Love to all,

~ Sundance

It was a coup d’ ètat… and Trump caught them all

April Home Prices Reflect Largest Year-Over-Year Drop in Decade, April Prices Drop 1.7%, Decline 23.2% from Prior Year


Posted originally on the CTH on May 18, 2023 | Sundance 

Homeowner equity is being erased. As higher interest rates continue to put pressure on borrowers, the ability of the average person to afford a mortgage diminishes.  Higher mortgage rates lead to downward pressure on residential home values as fewer borrowers can afford higher payments.  Simultaneously, commercial real estate is dropping in value as vacancies continue increasing.

Put both of these issues together and already tenuous banks holding mortgage bonds as assets can become more unstable.

This dynamic creates the continual tremors in the background of an economy already suffering from high inflation and low consumer purchasing of durable goods.

A perfect storm starts to realize.

(Wall Street Journal) – Sales of previously owned homes fell in April from the prior month and prices declined from a year earlier by the most in more than 11 years.

U.S. existing home sales, which make up most of the housing market, fell 3.4% in April from the prior month to a seasonally adjusted annual rate of 4.28 million, the National Association of Realtors said Thursday. April sales fell 23.2% from a year earlier.

The national median existing-home price fell 1.7% in April from a year earlier to $388,800, the biggest year-over-year price decline since January 2012, NAR said. Median prices, which aren’t seasonally adjusted, were down 6% from a record $413,800 in June. Home prices have fallen the most in the western half of the U.S., while prices continue to rise from a year earlier in many eastern markets. (read more) 

Before looking at today’s graph showing median existing home values, remember me saying this in 2021?:

“I said in June, at a macro level home prices had reached their peak (last two weeks of May, first two weeks of June was apex).  Obviously, there are some geographic home value increases still happening as COVID related regional issues and work opportunities are shifting populations.  There is also a lag and ripple effect that takes time to work through the economy.  The macro-apex will not be visible until next year.”

When I said that in 2021, people said I was wrong.   Well, with hindsight now visible within the data as it is reflected, look at the result:

May and June 2021 was the peak of year-over-year percent of change in median home value increases.

So, what was going on?

As CTH outlined in 2022:  If you look closely at the timing (keep in mind the data reporting lag) what you will notice is that financial institutions began a big surge in purchasing hard assets, specifically real estate, as soon as Joe Biden took office (Jan ’21), and the economic policy became evident.   Intangible financial instruments became an immediate risk as the professional financial control groups recognized energy policy would drive inflation (supply side) and devalued money would fuel it (demand side).

As an offset to predictable inflationary policy (the insiders’ game), institutional money (Blackrock, Vanguard, etc) was moved into hard assets with tangible value.

This shift in asset allocation, institutional sales, helped fuel a false surge in home prices and their valuations.  CTH was writing about this in 2021, and sounding alarms as it took place.  25% of all real estate purchases were being made by institutional investors.

We The People got screwed. 

The dynamic was predictable.  The Biden administration economic policy, energy policy and monetary policy, was going to cause massive inflation.  CTH was shouting about it in early 2021 and warning everyone to prepare for waves of price increases that would naturally surface first on high-turn consumable goods, and then embed into longer-term durable goods.

Despite claims to the contrary, this 2021 inflationary explosion had nothing to do with the pandemic or supply chain shortages.  It was entirely self-created by western governmental policy – the collective ‘Build Back Better’ agenda.  You can see now from the background moves within the financial sectors, they too knew the reality and their money shifts reflected that despite their ‘transitory’ pretending they were mitigating their own exposure.

We the People were yet again going to be victims of specifically intended monetary, regulatory, energy and economic policy.

The investment class rulers of the WEF assembly shifted assets to avoid the pain that we would feel.   We “would own nothing and be happy,” and their shifts would position them to own everything and be in control.

Overall govt spending and regulatory controls drove inflation for these past two years.  The ‘demand side’ was blamed, despite the lack of demand. I will be proven right when history is concluded with this.  Interest rates were raised by central banks in an effort to support the policies that are driving ‘supply side’ inflation – not demand side.

Energy policy was/is crushing the consumer by driving up the cost of all goods and services.  To support the overall goal of changing global energy resource and development (a false and controlled global operation), central banks raised interest rates.  Various western economies, including our own, have been pushed deeper into a state of contraction by central banks crushing consumer demand, and eliminating investment via increased borrowing costs.

In short, the goal was/is to lower energy consumption by shrinking the economic activity.  This, according to the BBB plan, was needed at the same time as energy development was reduced.  These economic outcomes are not organic, they are all being controlled by collective western government agreement.

Within this control dynamic, there was always going to be a point where the reaction of the people to their economic reality means the financial control elements need to shift direction.  They will always maximize profit and minimized risk, while knowing what the larger objective remains.

Just like every other durable good, housing demand contracts as prices and costs become unaffordable.  The loss of equity within your home is damaging to your own value or ability to borrow against it.

From the perspective of an institutional asset, that same equity drop is an investment loss.  However, the investment loss is not materialized until the sale of the lower valued asset is completed.  Retaining declining real estate on investment books creates an artificially high appearance of the investment result; unless and until the real estate is sold at a diminished value.

As mortgage rates rise, just as a consumer would pull back from the housing market, so too will institutional investment groups now control the slow dumping of the asset to remove the equity they pumped into it.  Much of the investment housing will be retained as rental housing, with the monthly rents being part of the returns on the investments.    However, as this dynamic unfolds, further investment purchases of houses stop, because the asset overall is declining in value.  This halt of investment activity also worsens a steeper drop in home values.