Category Go Woke Go Broke

Aug 12 2024

Did the WEF force Harley Davidson to go Woke?


Posted originally on Aug 12, 2024 By Martin Armstrong 

Harley Davidson_sign_in_Wootton_ _geograph.org_.uk_ _1372894

It seemed like a blatantly poor business decision for American motorcycle manufacturer Harley Davidson to go woke. After all, the company is associated with conservative values and masculinity. The company installed CEO Jochen Zeitz who represents everything the brand’s core base is against – climate change, trans care for kids, DEI efforts, and other woke policies.

Now I should mention that Blackrock owned an 8% share in Harley Davidson, the fund that has forced businesses to comply with “woke social scores” to secure funding. After installing Zeitz, the company suddenly partnered with United Way and the Human Rights Campaign. The CEI (Corporate Equality Index) was created by the HRC (Human Rights Campaign), a massive international political lobbying group that pushes the woke agenda aggressively and is funded by Soros. The CEI judges a company’s woke rating, while the ESG encompasses everything.

CEI.WokeRating

These companies are not trying to appease the LGBTQ+ community; they’re trying to appease BlackRock so that they can maintain high social credit scores and maintain funding. And who is Blackrock trying to appease? The World Economic Forum, where current CEO Jochen Zeitz was once employed. He took it upon himself to fund “The B Team” which aims to force businesses to adopt social policies.

“Plan A—where business has been motivated primarily by profit—is no longer an option. We knew this when we came together in 2013. United in the belief that the private sector can, and must, redefine both its responsibilities and its own terms of success, we imagined a ‘Plan B’ – for concerted, positive action to ensure business becomes a driving force for social, environmental, and economic benefit. We are focused on driving action to achieve this vision by starting ‘at home’ in our own companies, taking collective action to scale systemic solutions and using our voice where we can make a difference.”

Shareholders certainly do not care about business being motivated by anything other than profit. Blackrock and others have tried to move away from the disastrous CEI score but something behind the curtain is forcing these companies to comply. The B Team is working toward Agenda 2030, which seems foolish to align a fossil-fuel driven company with climate initiatives.

There is an ulterior motive that is forcing these companies to go woke, but what is the alternative? We see what has happened with Budweiser, Target, Starbucks, John Deere, the list goes on. Now, Harley owners are selling their bikes and vowing never to buy from the company again. Employees at the company are being forced to undergo DEI training and take classes to become an LGBTQ ally. But the company is now appeasing the WEF and Blackrock with its Human Rights Campaign social CEI score of 90.

Jul 5 2024

Marxists in Disarray Ahead of 2025


Marxists in Disarray Ahead of 2025

Posted originally on Jul 5, 2024 By Martin Armstrong 

QueersforPalestine

The left is cannibalizing itself across the Western world. Pride month parades for LGBTQ community members have been repeatedly disrupted by pro-Palestinian protestors. The two causes certainly do not align, but the people who compose each seem to be confused when crossing their social justice causes. Over the weekend, a Pride Toronto event was canceled at the last minute due to pro-Palestinian protestors. Event organizers were forced to cancel the event due to public safety.

Again, this exact scenario has happened in big cities across the US, Canada, and Europe in recent weeks. I’ve explained at length why the Free Palestine movement is not a woke cause despite the confusion among protestors. What’s interesting about the Toronto Pride event is that “Queers for Palestine” protestors were part of problem as they were responsible for blocking part of the road. Any non-socialist supporting group would be arrested for committing a hate crime if they blocked off a Pride parade, but the left is in utter disarray as there are simply too many social justice causes to support and flags to wave.

TeddyRoosevelt.Immigration

The far-left has lost control and there is no leader at the helm. Maxime Bernier, former Conservative MP and Cabinet Minister and Peoples Party of Canada founder, consistently comes under fire for “far-right” ideals. Recently, he suggested that people should return to the nation that has their loyalty. “Residents of Canada who feel more attached and loyal to another country should pack up and move to that other country. We don’t need you here,” he posted on X. He has been labeled a xenophobic racist for stating a fact.

LeftistGroupThought

The collective left fails to understand that they could not protest or march for either cause outside of the West that they so desperately hate. All recent polls in Canada state that mass migration is a massive problem. What’s worse is that the people migrating from countries with an utterly foreign code of conduct are unable to integrate into society. Why should nations be forced to change their ideals? Anyone can do as they see fit, so long as they are not harming the public. Yet we are seeing a mass uptick in terrorism, anti-[insert open border nation here] protests, and crimes against women and young girls. This is happening throughout the West but those in charge are failing to address it because it does not fit the refugees welcome, open border narrative.

People are now fleeing nations like Canada and Europe because it has become too reminiscent of the places they once fled. Marxism always leads to a failed economy, and that is the root issue driving these woke and white-led pro-Palestinian protests, as the people believe that capitalism is preventing unearned equality. Marxism will end for it includes everything that seeks to manipulate for the benefit of the so-called people that is really now government workers at the expense of the private sector. However, the living standards of the people in general have declined, not because of the “rich”, but because of the growing unproductive sector we call government.

1913 2025 224 year Cycles

Our computer warns that 2025 will be the turning point in Marxism. We are less than a year away from a major cultural shift at the midpoint of the 224-year cycle.

Jun 28 2024

Warner Brothers & CNN Disaster


Posted originally on Jun 27, 2024 By Martin Armstrong |

WarnerBrothers M 6 27 24

QUESTION: Mr. Armstrong, Socrates has been so bearish on CNN’s owner, Warner Brothers, and the dabate is so rigged that other networks are even up in arms over CNN’s rules. We sold down all our institutional holdings in Warner Brothers, thanks to Socrates. Do you think this stock will collapse due to this debate that looks as corrupt as the New York courts?

Anonymous

ANSWER: The problem with Warner Brothers is it appears to be not just fully on board with the WOKE agenda that is reflected in its price decline, but its CEO and president, David Zaslav, may be part of this coincidence with those in the White House who are also Jewish with heritage back to Ukraine who claim their families were persecuted by the Russians for being Jewish at the start of the Russian Revolution in 1905. Even Wikipedia states: “His family was part of the diaspora from Poland and Ukraine.” 

Trump Putin Puppet

This raises some questions about whether Zaslav has been using Warner Brothers for personal biases against Russia and, thus, Trump. CNN’s anchor hosting this debate compared Trump to Hitler. If anyone did that to Biden, it would be in the headlines everywhere. We cannot say what Zaslav’s motivations have been one way or the other. However, his management of Warner Brothers does not appear to be in the best interest of shareholders. A CEO should be impartial, like a judge. Personal views do not belong in the boardroom or on the Nightly News. That is what OpEds are for – not anchors.

WarnerBrothers M Array 6 27 24

The major support lies at $5.10, and an annual closing below that for 2024 will be devastating. It is interesting that we have a Panic Cycle this month, living up with the CNN debate, but then again in January. Institutional investors have been dumping Warner Brothers big time. The CNN rules and restrictions they put on other networks are trying to create a monopoly on the debate, and rejecting any criticism of CNN staff is more like Pravda of Communist Russia days. It will be a hit job to interfere in the 2024 elections because Warner Brothers is so far left their stock is collapsing amid a great bull market. Why ANYONE would own anything of this company is just amazing. I guess they just hate Trump and see this as paying for his destruction rather than an investment.

Jul 24 2023

Interesting Report Noting Bud Light Regional Sales Pattern – California Sales Minimally Disrupted by Boycott, While National Sales Drop 34.2%


Posted originally on the CTH on July 23, 2023 | Sundance 

Finding solid information, accurate data, to update the perspective of the ongoing boycott of Bud Light products is a little challenging. You would think the data would be easily found; alas, in this era of hyper partisanship, data that would reflect the truth of the situation is less visible. Go figure.

That said, this market share report from Union does give us a little more perspective on the outcome.  According to the market share report, the decline in Bud Light sales overall is 34.2% over the past six months.  Interestingly, some regions have much larger declines than others. For California, “Union reported only minor changes in market dominance in the state. Bud Light’s sales share in California slid by 0.8 points to 6.6%, while Miller Lite’s sales share increased by 1.7 points to 12%.”

(Via MSM) – The hospitality consumption data platform Union reported a significant decline in Bud Light’s sales share in the Carolinas. From April through June 30, the brand’s sales share dropped by 6.9 points, falling from 19.4% to 12.5%. This decline has been attributed to the fallout from Bud Light’s partnership with Dylan Mulvaney, which sparked controversy and calls for a boycott.

[…] Local bar owners in the Carolinas have also reported a significant impact on Bud Light’s sales. For instance, Chris Dimattia, the owner of Recovery Room Tavern in Charleston, SC, mentioned that he used to sell 10 cases of Bud Light each week, but now only sells one to three cases of the boycott brew, resulting in a 70% to 90% drop in sales. At Blind Tiger Pub, another Charleston bar, Bud Light sales are described as “almost non-existent” by general manager Clayton Dukes. Dukes expressed his concern that the boycott may persist for an extended period, prompting him to replace Bud Light draft with Michelob Ultra due to the low sales.

The negative impact on Bud Light’s sales was not limited to the Carolinas. In New York and New Jersey, the brand also lost ground to its rival, Miller Lite. The combined sales share of Bud Light in these states fell by 5.1 points, while Miller Lite’s sales share increased by about two points.

Similarly, in Texas, where Bud Light faced significant challenges after the controversy, Miller Lite now holds a commanding 12% sales share, more than double that of Bud Light’s 5.6% share.  Surprisingly, the boycott’s impact on Bud Light sales was negligible in California, where Mulvaney hails from. Union reported only minor changes in market dominance in the state. Bud Light’s sales share in California slid by 0.8 points to 6.6%, while Miller Lite’s sales share increased by 1.7 points to 12%.

[…] Bud Light’s significant sales slide by 34.2% over the past six months has put the brand in a challenging position. The fallout from Mulvaney’s controversial posts and the subsequent partnership has evidently had a negative impact on the brand’s sales and reputation. (full article)

It would be interesting to map out the percentage change in Budweiser market share and overlay with a comparative map of regional political affiliation.

Regardless of the company ability to overcome the challenge, a total decline in sales of 34.2% over the six-month period would indicate the brand will not soon recover position.   Going woke has consequences.

Jul 12 2023

UPDATE: Modelo Tops Bud Light in Latest Sales Report Just Before Key July 4th Holiday – Bud Light Sales Trend -28.5%


Posted originally on the CTH on July 11, 2023 | Sundance 

Anheuser Busch continues to lose market share according to the latest statistics shared by Bump Williams consulting firm. In the key period just before the July 4th holiday, sales of Bud Light dropped another 28.5% compared to the prior year.

The initial sales decline which began in April continues.  The ongoing boycott against Bud Light appears to be holding firm.

CNN – […] For the four weeks ending on July 1, Modelo Especial captured 8.7% of overall beer sales, compared to Bud Light’s 7% share, according to NIQ data given to consulting firm Bump Williams. Dollar sales for the pre-July 4 period continued to be grim for Bud Light, with sales falling 28.5%, while Modelo’s grew 8.5% during the same time period. (more)

https://youtube.com/watch?v=Uj5anFBu-d0%3Ffeature%3Doembed
Jun 23 2023

Missing Titanic Tourist Sub Suffered Catastrophic Failure of Pressure Chamber, All Five Souls are Lost


Posted originally on the CTH on June 22, 2023 | Sundance 

Coast Guard Rear Admiral John Mauger announced today that a remote operated underwater vehicle was able to locate the wreckage of the OceanGate tourist sub approximately 1,600 feet from the hull of the titanic. The mini submarine had been missing for four days.

The passengers on the 21-foot sub were British businessman Hamish Harding, Pakistani businessman Shahzada Dawood and his teenage son, Suleman, French explorer Paul-Henri Nargeolet, and Stockton Rush, CEO of OceanGate, the company that operates the vessel.   VIDEO:

https://youtube.com/watch?v=__edp8NgPx0%3Fstart%3D60%26feature%3Doembed

CBS NEWS – Five people who were on a sub that went missing during a voyage to the wreckage of the Titanic did not survive, OceanGate, the company that planned the trip, said Thursday as the U.S. Coast Guard said the vessel experienced a “catastrophic loss of the pressure chamber,” and confirmed that the debris found on the sea floor were pieces of the missing sub.

“This is a incredibly unforgiving environment down there on the sea floor and the debris is consistent with a catastrophic implosion of the vessel,” Coast Guard Rear Adm. John Mauger told reporters.

An ROV, or remotely operated vehicle, from a Canadian vessel found the tail cone of the sub about 1,600 feet from the bow of the Titanic on Thursday morning, Mauger said during a briefing in Boston on Thursday afternoon. He said more debris was found and authorities consulted with experts who determined the debris was consistent with the sub.

“On behalf of the United States Coast Guard and the entire unified command, I offer my deepest condolences to the families,” Mauger said. “I can only imagine what this has been like for them, and I hope that this discovery provides some solace during this difficult time.” (read more)

Jun 12 2023

The True Story of Hyperinflation


Amstrong Economics Blog/Cryptocurrency Re-Posted Jun 12, 2023 by Martin Armstrong

QUESTION: Dear Mr. Armstrong,
could you please explain what happens in technical terms from a capital flow perspective, when confidence is lost and hyperinflation starts to begin?
For example Turkey. When Erdogan was elected i think you wrote that ever since the lira started dropping. So confidence in politics is key. Do you think one day we will see hyperinflation in Turkey?
And another example, is Yugoslavia: what caused the hyperinflation (in technical terms/capital flow perspective)? Are foreign investors getting rid of the dinars? Too many dinars than suddenly rushed back into Yugoslavia causing hyperinflation?
Regards,
Magdalena Š.

ANSWER: The misnomer about hyperinflation is that it is caused by printing money. It is a RESPONSE to the collapse in the confidence of the government.  If we look at the 3rd century, this is where we find the greatest number of hoards of ancient coins. What began this was the capture of Valerian I by the Persians in 260AD.

Valerian was the first Roman Emperor to be captured and Rome was unable to recuse him. That shook the confidence of the Roman people, but it also was a signal to the barbarian tribes in the North that if the Persians could do it, they could as well. Within 10 years, Emperor Aurelian constructed the great wall around Rome. Never before did Romans have such a defensive wall. That had a powerful army.

There was a trend toward debasing the silver coinage which began with Nero to try to fund the rebuilding of Rome after the Great Fire. But that did not undermine the confidence in the Roman Monetary System any more than our perpetual deficit spending since World War II.

However, a spark is ignited and suddenly that trend turns into what I have called a Waterfall event in the purchasing power of the currency. Such an event has taken various forms. However, the end result is the collapse in the confidence of the government and as a result, that is when you get that waterfall event.

In the case of Germany, Yugoslavia, Hungary, etc, there was a 1918 Revolution where communists seized power and the emperor of Germany lost power. In that case, they actually asked Russia to take Germany after their revolution in 1917. This was the beginning of the Weimar Republic.

Germany was saddled with reparation payments demanded by France. First, you had a communist revolution and people with capital began to flee to other places in Europe or certainly move their money out of German banks. It was this drain of wealth that forced the Weimar Republic to print money to try to make their reparation payments. Then in December 1922, they seized 10% of everyone’s assets and handed them a bond.

Here you can see that after that December 1922 confiscation, hyperinflation simply took over. It was NOT the printing of money that caused the hyperinflation it was the collapse of confidence FIRST which then compels the government to expand the money supply lacking taxation revenues etc.

I suspect the spark this time may be the Digital Currency and the proposed cancellation of paper currency. This is why people are moving to anything tangible from real estate, gold, silver, ancient coins, and even equities. With DIGITAL CURRENCY they will have capital controls and prevent you from even moving money outside of your country.

The precise day of the ECM was the announcement of the IMF Digital Currency which they intend to replace the US dollar as the reserve currency. This may be timed with the turning point in 2024. It is unlikely that they would cancel paper currencies before the 2024 election. This is all being