Armstrong Economics Blog/Tyranny Re-Posted Feb 2, 2021 by Martin Armstrong

COMMENT: Martin and team:
With Trudeau fully on board with the Great Reset, canceling the $CDN and going fully digital is just another step to fulfill his goal.  I must confess I don’t quite understand the full significance of this and I am not sure if this is going to be reported by the mainstream media here in Canada

Unfortunately, I am sorely disappointed with the reporting of the Canadian mainstream media’s coverage of the US election as they merely regurgitate the fake news in the US.  In my opinion, if you want better fake new propaganda there is CNN and if you want a better in-depth discussion of what is really going on then you have to go to Fox news in the US (CNN had tried to stop the cable companies from carrying Fox News).
I believe if Trudeau is allowed to stay in power in the upcoming spring election (he will call one and looks like he may have a good chance of getting re-elected) he will lead our country further down the path of destruction.  We will truly become the Venezuela of the great white north, blessed with an abundance of natural resources but getting poorer due to policies driven by political ideology.  Trudeau had only given token gesture with Biden’s cancellation of the pipeline.  I believe he is also destroying our parliamentary system by not allowing the opposition party to ask legitimate questions and have a meaningful debate in the house of commons ( that is why it has canceled the currency in secrecy).

Furthermore, as we are bombarded by COVID infection and death tolls every day, the mainstream media here in BC is pushing for a more severe lockdown citing Australia as the model for getting their citizen back to “normal” life. Many in the public are angry at those who do not fully comply and want the government to impose severe fines and jail time.  Of course, they also believe the vaccine will end the lockdown.    I wonder if they really know what it is like to live under a communist regime (as one of your readers had written about what is happening in Czechoslovakia).  I will try to write to talks show hosts in radio stations who will at least listen to different viewpoints without immediately being dismissed as spreading conspiracy lies.

I am sure many of your Canadian subscribers will be eagerly awaiting your report on Canada.  I also believe we are at a crossroads here.  If we do not speak up now we will be living for the rest of our lives like sheep.
Please keep up the good work and many thanks for the important messages you are writing in your blog.
CT

REPLY: The degree of manipulation of the public on such a grand scale calls into question whether these people are being outright bribed like those at LANCET. This is a very well organized global scheme. I find it astonishing that anyone who criticizes this agenda the mainstream press is calling a conspiracy theorist. Boris Johnson even admits this is “radical” reform. He was not elected to change the world economic system. Where do these people get off changing everything, while never bothering to tell people the extent of their real plans.

It reminds me of a prosecutor trying to discredit a witness against a banker. A prosecutor asks, When was the last time he beat his wife? He responds, “Never!” He calls his wife as a witness and she swears he never beat her. The prosecutor tells the jury she lied because she was afraid she would be beaten again. He is discredited as a witness with nothing more than words.

These people are deliberately trying to change the world. They could not scare the people with climate change so they used a virus and then perhaps bribed key politicians so they never would have to submit what they had in mind to a public vote. Is this outright tyranny? If it is not, then nothing is!

THE GOOD NEWS

They will still fail!

Armstrong Economics Blog/Tyranny Re-Posted Feb 1, 2021 by Martin Armstrong

I have been warning that despite all their influence via the World Economic Forum, Gates Foundation, and Soros’ Open-Society calling for a one-world government, they will fail. We have even Governor Cuomo suddenly realizing that he may have destroyed New York City permanently. California is bleeding businesses so rapidly; the tax the rich policy that relied on the top 1% paying 48% of the state’s taxes is rapidly dwindling. All the people who have their hand out always expecting more will find there is not enough to go around. California Governor Newsom has suddenly lifted the stay-at-home order even in face of a new California strain of COVID, which is more contagious.

While many are interpreting this change is only because they used it to defeat Trump, behind the curtain, there has been this global effort being pushed for the Great Reset. Even in Italy, we are witnessing uprisings against these COVID lockdowns, which have utterly destroyed tourism, and hotels are closing, never to reopen again. This idea that they can lock down the world by using this virus to reduce CO2 is starting to reach the boiling point. Destroying small business is really their goal in addition to ending commuting. Biden’s Climate Czar claims the world was broken before, so there will never be a return to the way it was.

This idea that these people can destroy jobs and redesign the world economy, creating a “useless class” of people who cannot find employment in a new green world, is a recipe for violence. These people are totally insane.  They have no idea even how the economy works, no less how to regulate it from scratch. They will fail because what they have taken on is against human nature, just as Marxism failed.

A DIFFERENT TYPE OF SECESSION IS ALREADY HAPPENING IN THE USA

Re-Posted from the Canada Free Press By Jeff Crouere —— Bio and Archives—January 30, 2021

Lately there has been so much frustration with the last election and the direction of our country that some Trump supporters have been talking about “secession.”  Many conservatives and libertarians are asking if it makes sense for certain states to leave the union the way South Carolina left in 1860, after the election of Abraham Lincoln as President of the United States.

Whether it makes “sense” or not, we can be assured that it will not happen. Although the South Carolina state legislature voted in November of 1860 to initiate the process of secession, no state legislature would do that today. This is because most modern state legislatures, even conservative ones, do not have many members who are angry enough at the federal government to support seceding from it.

Whether it makes “sense” or not, we can be assured that it will not happen. Although the South Carolina state legislature voted in November of 1860 to initiate the process of secession, no state legislature would do that today. This is because most modern state legislatures, even conservative ones, do not have many members who are angry enough at the federal government to support seceding from it.

Americans who live in rural and some suburban areas are executing a secession of their own

Never forget that many individual state legislators are professional politicians.  They may disagree with some of the policies that flow from Washington D.C., but they are not angry enough to vote for secession, and that is what is required to secede, anger. While an official secession will not happen, there will be a different type. In fact, it has already started in our country.

Instead of state legislatures, dominated by urban dwellers, voting for secession, Americans who live in rural and some suburban areas are executing a secession of their own.  They are disassociating themselves from the lifestyles, cultural mores, laws, and self-inflicted wounds exhibited in our large cities.

Of course, rural Americans are already living in areas removed from large cities, but geography is only one of the many differences. An even more striking distinction involves political ideology and attitudes on an array of issues like criminal justice.

Citizens living outside of ultra-progressive urban areas do not accept what is going on in large cities. Surely, the thinking is “I am not one of them.  They are different from me.  We do not agree on basic things, like what laws should govern human conduct.”

This mental disassociation did not exist in previous times of crisis in our country. There was much more national unity in December of 1941 or even September of 2001.  At that time rural Americans and city dwellers still had many shared values and followed the same laws.  Clearly, the similarity in culture and politics between rural and urban Americans is dying, and the pace of its death march is quickening.

Who can forget what happened to Mark and Patricia McCloskey in St. Louis?

This same type of disassociation is also felt by many Americans living in suburban areas. They recognize their way of life is incompatible with that exhibited in large cities. This results in suburban dwellers venturing into cities less often. Once there, they feel unsafe and unwelcome. According to the FBI, crime rates in our urban areas are significantly higher than suburban and rural areas.

More crime is not the only difference Americans notice in large cities. There are also different laws regarding decency, civility, and cleanliness. Unfortunately, manners and traditional customs are rarely, if ever, practiced.

Many horrific things can happen to you in a large city, without warning.  You can be struck from behind in a “Knockout Attack,” or wounded by a stray bullet. You can be surrounded by violent demonstrators who scream at you and tell you are evil because of your wealth, race, religious views, or political beliefs. This is not a place that feels comfortable or feels like home. 

Over the past few decades, millions of Americans who support traditional American values, and even some who value safety, have already left our large cities. They are disgusted with the political corruption, high taxes, racial politics, homelessness and, over the past year, the excessive Covid-19 lockdown orders.

People leaving are also those who value their second amendment rights. They do not want to be charged with a crime if they have to defend their home. Who can forget what happened to Mark and Patricia McCloskey in St. Louis?

On June 28, 2020, their neighborhood was overrun by protesters and a mob was descending on the McCloskey’s home. The couple waved firearms in front of their home to encourage the protesters to leave. No gun was ever fired at any of the trespassers. Incredibly, Mr. and Mrs. McCloskey were charged with the unlawful use of a weapon even though they feared for their lives. If convicted, they could face up to four years in prison and a fine of $10,000.

Urban areas have been failing financially for many years

As this trend continues and cities like St. Louis, Detroit, San Francisco, Seattle, Portland, Washington D.C., and New York City decline even more, these areas will simultaneously become more similar.  They already have much in common politically. Future cooperation will likely continue on issues such as drug legalization, the treatment of homelessness, gun control, permissive law enforcement, and providing a sanctuary and support for illegal aliens. With so much commonality, these cities will forge even closer bonds in the days ahead. 

With unworkable policies and massive bureaucracies, these cities will need greater and greater subsidies from productive, tax-paying citizens living in rural and suburban America. Urban areas have been failing financially for many years, but as the policies become more progressive, the costs are escalating even higher.

In large cities, politicians spend vast sums of money on enormous municipal government systems which include inefficient departments featuring payrolls that are too large and are too expensive. Other characteristics include broken infrastructure, rampant homelessness, and an overly generous municipal pension system. 

How much longer will productive taxpayers living in rural and suburban communities agree to subsidize large cities?  Sooner or later, these citizens will say “Enough is enough, we want out!” They will want the urban centers to form their own “United Cities of America,” with their own laws and lifestyles. Simultaneously, Americans living in non-urban areas will want to forge closer bonds of their own as similarities are recognized even more.

The secession of 1860 will not happen again, but a different kind is already taking place.

Armstrong Economics Blog/Q&A Re-Posted Jan 29, 2021 by Martin Armstrong

QUESTION #1: Hello Mr Armstrong,
Thank you so much for the heads up regarding the elimination of paper cash. Regarding the US things are clear and so we’ll have to wait and will soon see what happens.
Could you elaborate on the elimination of paper regarding the EU and UK? What is the timeframe? What is the alternative going to be? Is it a good idea and is there any possibility to short the euro to compensate for the losses?
Officially there has been no mention of this elimination at all here in the EU (Netherlands), nor what the alternative might be. I’m sure that initially, the general public will be very surprised to say the least.
Thank you for your endless efforts and helping hand.
SR

ANSWER #1: Biden is moving at light-speed with regard to climate. He is fully implementing everything that Gates & Schwab have been directing. He has been doing so all by executive decrees which I have been against constitutionally because this circumvents everything that Congress is supposed to be there to do. Nothing is ever allowed to be voted on.

That said, Biden will have difficulting when it comes to canceling the dollar. Trudeau in Canada has done so as of January 1st, 2021 but nobody knows that yet. He did that is secret. The problem in Europe is that the ECB moved to negative rates in 2014. They cannot raise rates without blowing up their own balance sheet for they not only have to continue buying member debt, but they also have to keep what they already bought and roll it when it expires. So that is a real problem.

Europe will most likely push ahead with canceling its currency in 2021 because they are desperately trying to force people to end hoarding of cash, but our models are now tracking a serious capital flight from Europe seeking yield and much of that is headed to China to collect 3% on their bonds.

In the UK, Johnson is acting like a dictator. He will most likely follow Europe but perhaps not instantly. But the move toward digital will most likely come there in 2021. Looking at our timing models for volatility, that may be May or July/August. Biden will have a much harder time canceling cash because 70% is outside the USA and Americans have never had their currency canceled.

COMMENT #1: Whatever you write they do. You are just part of their game. Someone needs to shut you up.

REPLY #1: No worries. I’m sure those in power will listen to you.

QUESTION #2: Hey everybody, [JB] here.
I always think I’m writing to Marty personally, but I expect maybe a staff member screens this stuff.
Nonetheless, Marty, as always I love you Brother!!! I love your staff as well.
Hey, I’ve been reading the private blog about food shortages and inflation.
You all know me, I was the kid, in the late 1970s, whose father made him go wait in the gasoline lines (anybody remember gasoline rationing?).
Just in a few days since Ol’ Joe started his dictating, gas has jumped up over 20 cents per gallon.
Will we see gasoline shortages/gas rationing/long lines to get gas?
I’m buying an electric scooter this weekend just in case (ha ha).
God Bless everybody.

JRB

ANSWER #2: Yes I find it interesting how the fundamentals unfold to fulfill the model. This is supposed to be a wave into 2024 with inflation based upon shortages. The main goal of these crazy Climate Change people is to drive the price of energy so high people will not be able to afford it.

COMMENT #2: Thank you for responding to my question in Dutch. Everything has been so corrupt with the government trying to find anyone willing to publish is getting very hard.

REPLY #2: I know. I try to translate messages coming in from many different languages. But I am only one person. Perhaps it is time to let others start to write as well. I cannot cover it all.

COMMENT #3 A tourist got 6 months in JAIL for disobeying “covid” rules!! And others are facing up to a year in jail now.

One would have to be insane to travel/fly anywhere in this new global tyranny!

“A tourist was jailed for six months earlier this week for breaching Barbados’ strict Covid-19 protocols, even though he’d only popped out for a drink. Dean George Scott, 49, from Jamaica admitted leaving quarantine to ‘buy Fanta’ and other snacks after arriving on the holiday island at the beginning of December, when he appeared in court. Chief Magistrate Ian Weekes said the sentence served as a was a ‘clear warning’ to others.”

PG

REPLY #3: I know. My staff is stranded around the world and I cannot even get them in for our Conference in December. I am not sure we will be able to have conferences in the future. They might have to be all virtual. Let’s see.

Armstrong Economics Blog/Ancient History Re-Posted Jan 29, 2021 by Martin Armstrong

QUESTION: Dear Mr. Armstrong –I just fled California for Idaho, since it is one of the most conservative and fiscally sound states. In your blog, you just stated that if the USA splits, it will again be split into north and south. However, since you are pointing out the burgeoning strength and success of Florida and Texas, I am wondering whether the conservative side will be the south this time instead of the north. Did I move the wrong way?

SC

ANSWER: No. Usually, a split takes place along the same historical lines as in the past. So you see north v south in the USA, Britain, Germany, and Italy just to mention a few. In the USA, the West existed but remained out of the Civil War. So the split maybe California, Oregon, and Washington align with the East and the middle of the country aligns with the deep South.