Pro-Palistinian Protests Re-Posted Nov 8, 2023 By Martin Armstrong


Pro_Palestinian_crowds_try_to_storm_air_base_housing_U.S._troops_in_Turkey_Wat

QUESTION: Well, you projected a Middle East war two years ago. Do you see this escalating to the entire region?

HGW

ANSWER: You are witnessing pro-Palestinian protests on a grand scale. They are applying so much pressure; even Obama is distancing himself from Biden, and there are Democrats starting to push for him to withdraw from the 2024 election. All of this is going over the heads of just about everyone. I will cover this issue in detail at the WEC. But to suffice it to say that there is another whole dimension here. Turkey is seeking to rile up the Arabs coming out, calling Israel committing war crimes. Erdogan is doing this strategically, for it has been his dream for years to resurrect the Ottoman Empire.

So, while people focus on hating Putin, you better start looking more closely at the Middle East. Turkey is a member of NATO, with US bases there and nukes pointed at Russia. This was a massive protest to storm the US base there. American soldiers in the Middle East are now at risk. If they defend themselves, then the US will also be a war criminal in addition to the Great Santin.

Merkel Welcome

Europe has been infiltrated by Muslims thanks to Merkel. France will be the predominant Muslin before this cycle ends. Christian families on average in France have 1.8 children, whereas the Muslims in France average 8.1. We have a lot more problems waiting for us ahead.  You will see terrorist attacks inside Europe, and the same will take place inside the USA. This will justify more lockdowns.

Sound of Freedom Blacklisted by Woke Elite


Armstrong Economics Blog/Corruption Re-Posted Jul 11, 2023 by Martin Armstrong

The movie “Sound of Freedom” exposes the darkest corner of our society – child trafficking. The film should not be controversial but the mainstream media and Hollywood blacklisted the film because they are protecting those involved. Simply Google the film and you will see articles from EVERY news outlet condemning the film as a QAnon conspiracy for right-wing extremists.

Jim Caviezel, the director, is a devout Christian which is now a radical ideology in America. You may not believe in God but watching this film will show you that pure evil exists. He has said that streaming services such as Netflix and Hulu would not carry his film, which is precisely what occurred with “The Forecaster.” For you see, there are numerous organizations that would taken down if the truth came out. This is a trade that surpasses most other industries and cannot be calculated. The Department of Homeland Security estimates that child trafficking account for $150 billion in global trade, but the true amount is much higher. Millions of children go missing every single year. It is not isolated to third world countries. What happened to the children who went unaccounted for at our own border?

It is extremely alarming that the powers that be want to silence this film. Epstein island was a conspiracy theory too at one time. The politicians and people of influence who went to his island were never held accountable, but that shows only a tiny fraction of how deep this insanity goes. Governments are involved. The woke elite are dominating all institutions and forcing organizations to abide by their CEI and ESG scores. Kids are being taken away from their parents if they don’t provide “gender affirming care,” which never existed up until a few years ago when the far left lost its collective mind. They are NORMALIZING the sexualization of children even in schools. The Guardian called the film “the QAnon-adjacent thriller seducing America” as did every other major news outlet. I question any journalist who is angered by a film that shines a light on such an important topic. The corruption goes deep, and the elite have an agenda. It is not fear-mongering because, yes they are coming for our children.

Feds Drop Almost All Charges Against Illegal Alien Driver of U-Haul Who Attempted to Ram White House Gate, Kill and Kidnap Biden


Posted originally on the CTH on May 26, 2023 | Sundance 

On Monday night Sai Varshith Kandula, 19, of Chesterfield, Missouri, attempted to crash a U-Haul truck through the security perimeter of the White House.  He was arrested while saying he was attempting to kill and kidnap Joe Biden and Kamala Harris.

Oddly, during the event the Capitol Police never called the bomb squad, never moved the crowd or media back away from the truck, and simply opened the vehicle and started placing the contents -including a swastika flag- on the ground for the media to photograph.  The entire event, including the way the authorities handled the truck, was seriously sketchy.

Kandula was then federally charged with threatening to kill, kidnap or inflict harm on a president, vice president or family member, assault with a dangerous weapon, reckless operation of a motor vehicle, destruction of federal property, and trespassing, according to U.S. Park Police.  However, yesterday the DOJ dropped all the charges except depredation of federal property.

Considering that J6 attendees have been charged and locked up for simply parading around the Capitol Hill building, the contrast of the way the authorities are handling Sai Varshith Kandula is rather stark.

CNN — The man accused of crashing a U-Haul truck into a security barrier near the White House Monday night praised Adolf Hitler to investigators after his arrest and said that he aimed to “kill the President” if necessary to overthrow the government and install himself in power, according to court documents.

Sai Varshith Kandula, 19, of Chesterfield, Missouri, is in custody and has been charged in federal court with one count of depredation of property of the United States in excess of $1,000. US Park Police originally arrested Kandula on several charges, including threatening to kill or harm a president, vice president or family member. 

Kandula, in handcuffs and wearing a t-shirt and shorts, appeared in DC Superior Court Tuesday afternoon, US Park Police told CNN, and was held in custody without bail. He has not yet entered a formal plea in federal court – where his case is expected to continue with an initial appearance on the single charge Wednesday – and a lawyer for him in that case has not yet been named publicly.

The Secret Service said no agency or White House personnel were injured in the incident.

The truck, which carried a Nazi flag among other items, crashed into security barriers on the north side of Lafayette Square at 16th Street just before 10 p.m. ET, the US Secret Service said. A preliminary investigation revealed the driver may have intentionally struck the barrier, the agency later said.

Kandula made threatening comments regarding the White House at the scene, including that he wanted to kidnap and harm President Joe Biden, law enforcement sources told CNN. Authorities are considering the role mental health may have played in this incident, one source said. (read more)

Walk around the Capitol Building on January 6, 2021, and you are a domestic violent extremist terrorist hunted by the FBI.

Drive a U-Haul into the White House security perimeter, waving a Nazi flag, while admitting you are trying to kidnap and murder the president and vice-president, and you are a bad driver.

Suspicious Eddie is, well, suspicious.

U.S. Coast Guard: Illegal Immigration at Sea is Getting Progressively Worse


Posted originally on Rumble on March 4, 2023 The U.S. Coast Guard says migrant interdiction operations have reached a breaking point. One America’s Taylor Tinsley has the latest.

Fox News – “ominous Great Depression warning”


Armstrong Economics Blog/Economics Re-Posted Feb 1, 2023 by Martin Armstrong

Fox Business is reporting that economic conditions are much worse than you are being told.  Unfortunately, this is the conclusion when you have ZERO understanding of the historical trends and economic conditions. It is true that the shortages of COVID have caused prices to rise faster than economic growth and most incomes.  Therefore, they conclude that our standard of living has been rapidly declining.  The number reveals that more than one-third of all U.S. young adults are being supported in part by their parents. Thanks to COVID, this disrupted society far greater than anyone is reporting. In addition to the shortages because of the lockdowns, by the end of 2020, more than half of young adults in America were living with one or both parents. That statistic actually exceeded the record high of the Great Depression.

Here is the worst part of this analysis. Many are jumping on the bandwagon claiming that the decline in real disposable income has been the largest since 1932 and therefore, this is a warning sign of a Great Depression is coming. They seem to be focused on the fact that the GDP report showed a significant decline in real disposable income, which fell over $1 trillion in 2022. Now let’s look closer!

First of all, the entire reason why unemployment rise to 25% during the latter part of the Great Depression was the Dust Bowl. Why? At that time, about 40% of the civil workforce was still agrarian. The Dust Bowl meant job loss. If you could not even plant crops, there was no need for people to pick crops.

Service during the Great Depression accounted for 17% of the workforce compared to 44%+ today. Government, federal, state, and local, was 22% of the civil workforce during the Great Depression compared to 33% by 1980. Things have continued to evolve and by 2019, services represent 79.41%. Agriculture is now a tiny fraction of what it once was – 1.41%.

In the USA, at the state level, their share of the civil workforce varies greatly. Florida is at about 11.3% compared to New Mexico which is 22.5% – a government employee’s paradise. The lowest is Michigan at 10.1%.

During the Great Depression, the entire reason for the collapse in disposable income was the collapse in agriculture which created a collapse in income due to massive unemployment. That is totally different from the crisis we have today.

Here we have rising prices due to shortages and then central banks raising interest rates in a fool’s quest to stop inflation when it is not based on speculation. Moreover, the biggest borrower is the government, and rising interest rates will only increase their exposure to keep rolling over the debt. Therefore, governments have been borrowing year after year. What happens when the public no longer buys their debt? Real disposable income has been collapsing for completely different reasons since 1932. Here we have the costs of everything rising and then these people want war with Russia and China. Every war since the start of recorded history has resulted in inflation. Add to this, the total insanity of trying to end climate change by outlawing fossil fuels at a time when the climate is prone to getting colder.

We are already witnessing riots around the world BECAUSE of inflation. During the Great Depression, people were suffering from DEFLATION. So comparing just that statistic of a decline in personal income and projecting we now face a Great Depression, does not even qualify to be classified as analysis. That is no different from someone warning that carrots must be lethal because everyone who has ever eaten a carrot has obviously died.

Madoff – Hiding the Real Fraud


Armstrong Economics Blog/Conspiracy Re-Posted Jan 17, 2023 by Martin Armstrong

COMMENT: I know you saved Mercedes making back their $1 billion lost all because they listened to the fake news about how the pound and the dollar would crumble in the face of the euro. I read the 2011 Barron’s article on your forecast. It was OK to publish that when they thought you would be wrong. Where is the follow-up when you proved to be the only one who was correct? The same can be said of the New York Times and especially Bloomberg. It is obvious that they will not report on the success of your forecasts because they are leading society at the direction of the Deep State.

Keep up the good work. We need someone independent in this time of darkening clouds.

JWN

REPLY: Let me explain something. All the hype about Bernie Madoff is also FAKE NEWS. On December 10th, 2008, Madoff’s sons Mark and Andrew covered themselves most likely at their father’s direction, and told authorities that their father had confessed to them that the asset management unit of his firm was a massive Ponzi scheme. They even supposedly told them it was “one big lie”. The next day, agents from the FBI arrested Madoff and charged him with one count of securities fraud. There was no possible way the FBI would arrest someone like that without an independent investigation.

The Securities and Exchange Commission had previously conducted numerous investigations into his business practices. Vere did ANY audit uncover such a massive fraud. It was then on March 12th, 2009, when Bernie Madoff simply pleaded guilty to 11 federal felonies and admitted to turning his wealth management business into a massive Ponzi scheme. He was not even indicted. He pled simply to what is known as an “information” so nothing was even presented to a grand jury. That is UNPRECEDENTED!

The banks all claimed that they had “no idea.” Before he died, Madoff did an interview where the headline was that the Banks had to have known. There is ABSOLUTELY no way that the banks were NOT involved or had no idea.  That is legally impossible. As a client of a bank of that size especially, the bank must fill its files with KNOWN YOUR CLIENT rules.

In my case, we had companies set up for each note in Turks & Caicos. The bank actually sent someone down there to audit the legal structure behind every account. There is simply no way a bank can even claim it had no idea. That was a serious RED FLAG that the Madoff case was not what it appeared.

Everyone just skipped over the fact that the SEC conducted multiple audits and found nothing. That included looking at bank accounts and positions on hand. That did NOT add up to a PONZI scheme where you are taking money from one person to pay another which is the actual structure of Social Security. The current generation’s contributions are tasked to pay the previous generation.

Add to that, HSBC, which has been itself indicted for money laundering more than once, stood out as the largest “victim” of Madoff’s scheme – $1.5 billion. HSBC pays countless fines for every scandal they seem to be in the middle of.

In my case, the Bank said they had no idea where the money was after they stole it. How does $1 billion leave a bank without a withdrawal of some sort? Had it not been for my clients standing with me and doing what I told them to do and then sued HSBC, they would have gotten nothing, the government would have claimed I lost it all and the ban was not responsible. The government then put a gag order on me to stop me from helping my clients against the bank! If the bank was not trying to take my client’s money to cover their losses in Russia, then why put a gag order on me if the bank did not do anything wrong?

Then to hide my profits, the receiver handed the notes we issued to HSBC for them to redeem for $606 million pocketing $400 million profit stolen from my company. A former employee bumped into a former HSBC official and he asked what the hell went on. The bankers bluntly told him, the deal offered by the government was too good to pass up. When I asked a NY lawyer why no banker ever is charged or goes to jail, he laughed and said: “You don’t shit where you eat!”

Remember the 1995 collapse of the British Barings Bank because of a “rogue” trader? Nicholas William Leeson was an English former derivatives trader whose claimed fraudulent, “unauthorized and speculative trades” resulted in the 1995 collapse of Barings Bank, the United Kingdom’s oldest merchant bank. Leeson was convicted of financial crime in Singapore court and served over four years in Changi Prison. At the time, I owned a Brokerage House I was asked to bail out by the Japanese government. At our Hong Kong office, Barings wanted to open an account to trade with Leeson in charge.

I knew the corruption of the banks and if the trade went wrong, they would claim he was not authorized. That was the standard operational procedure. Knowing the inside of the industry out, I insisted on a letter from the Board of Directions expressly laying out the credit line for Leeson they requested from my company. I got the letter. So when Leeson supposedly went belly up, guess what. I was quietly paid when everyone else it was said Leeson was a rogue trader.

The New York Post journalist Isabel Vincent who wrote Gilded Lilly, the wife of Edmond Safra, had called me and asked that since I had said that Republic National Bank, Edmond Safra’s, had been illegally trading in my accounts, did I think they were laundering money for the Russian mafia “as they were doing in Madoff’s?” I said I did not know. All I could tell was there were countless errors constantly being put into my accounts and then backed out. At first, I assumed they were “parking trades” in my accounts to use my cash for their margin. Of course, if the “error” was backed out to a different account, they indeed, they were engaging in money laundering.

The court-appointed forensic accountant even wrote to the court about the unprecedented errors in the accounts. The government refused to provide account information to allow them to audit what was going on. The court-appointed counsel, David Cooper, I believe was doing everything he could to help the government cover everything up. The forensic accountant then sent letters to the Judge, and he took no action.

You now have the FTX scandal. You will see that there will NEVER be a trial that would expose all the money laundering where the Democrats had Zelensky, which supposedly needed money to defend his country and fee starving Ukrainians, hand the money to FTX who then happened to be the #2 donor to the Democrats for the midterms. Guess what! Sam Bankman-Fried was charged in the most corrupt court in the nation – the Southern District of New York. The Court of Appeals admitted on page 97 of US v Ziccehtello, that judges are altering transcripts and changing the very words spoken in court.  That is 20 years in prison if you or I alter court documents. They do it all the time. When I confronted Judge Richard Owen about this practice, so many people showed up in court to see what would happen. The lawyers said you can’t accuse a federal judge of committing a crime. I said you all say they do it. They responded. Yes, but you cannot accuse them of doing it. The judge got scared and admitted it in public but claim it wasn’t material.

All the press was there AP, New York Times, Bloomberg, NT Post, you name it. NOT a single member of the press reported what took place that day. OMG! Exposing the federal courts corruption? Impossible!

If a case is a high profile, you will NEVER see the truth in the media.

Bidenomics – Amazon Announces 18,000 Layoffs, and They Are Not Alone – Imports and Exports Drop


Posted originally on the CTH on January 5, 2023 | Sundance 

That slow grinding creak you hear in the background; that’s the U.S. economic engine running without oil and beginning that slowdown phase just before it stutters and stalls completely.  Alas, the pretending continues…

As noted by the Wall Street Journal, an economic gaslighting institution with a central mission to maintain pretenses, “business surveys show U.S. factory activity declined in December, the Institute for Supply Management and S&P Global both said this week. Separately, S&P Global said Thursday that U.S. services-sector businesses reported a decline in output for the third month running in December.” This comes as “U.S. imports dropped more, by 6.4% on the month, as Americans cut back on holiday-related purchases, including items from other countries such as computers and autos.

Keep in mind, November retail sales—which included consumer spending at stores, online and at restaurants—fell 0.6% from the prior month for their biggest decline of 2022, according to the Commerce Department. Manufacturing output declined in November as well, the Fed reported, while U.S. home sales fell for a record 10th straight month.

Into this mix of economic metrics, driven by a collapse in disposable consumer income and high energy prices, now we begin to see the number one business expense being curtailed.

(Market Watch) […] Amazon.com Inc layoffs will affect more than 18,000 employees, the highest reduction tally revealed in the past year at a major technology company as the industry pares back amid economic uncertainty.

The Seattle-based company in November said that it was beginning layoffs among its corporate workforce, with cuts concentrated on its devices business, recruiting and retail operations. At the time, The Wall Street Journal reported the cuts would total about 10,000 people. Thousands of those cuts began last year. (more)

Amazon is not alone, “Vimeo said Wednesday that it will cut its workforce by 11% as part of a broader effort to reduce costs, citing deteriorating economic conditions” (link).  Additionally, Salesforce Inc. is laying off 10% of its workforce and reducing its office space in certain markets, extending a brutal period for tech job cuts into the new year.”

We can anticipate more reports like this from Reuters, “Samsung Electronics Co Ltd’s quarterly profit will likely plunge 58% to its lowest in six years as a global economic downturn saps demand for electronic devices and clouds the outlook for the memory chip industry.  With consumers and businesses reducing spending and investment in the face of high inflation and climbing interest rates, smartphone makers and other clients held back memory chip orders, while smartphones sold for less as demand suffered, analysts said.”

Electronics, cars, furniture, durable goods of all types and varieties are plummeting in sales.  Consumers are being squeezed by inflation, housing, energy and food costs, and spending priorities are being reevaluated yet again.  Compare the impact on ‘real wages’ -vs- the 2007/2008 economic crisis.

From a purely fraudulent accounting perspective, however, the drop in U.S. imports will help boost calculations of U.S. economic growth in the fourth quarter because trade deficits subtract from overall output, or gross domestic product.

U.S. consumers not purchasing imported goods makes the health of the U.S. economy look less bad; but it’s an illusion akin to smiles in the bread lines.

In other economic news, I did some real estate analysis over the past several days and it’s safe to say there is a steep downward trajectory in the data I use.   Again, home values are nuanced on a regional level, but my model is pretty close in averaging.

If buyers do not absorb the seller’s loss in equity (which no one should ever do), in my SWFL area a $450k home listing is going to sell around $380k at the high side (actual value based on economic indicators and buyer ability).   That rough estimate, while slightly offset due to general inflation, should trend nationally over the next 12 to 18 months.   That means macro home prices dropping around 15 to 20% nationally over the next 12 months.

If you are a home buyer, put your offers around 15 to 20% below current asking price without any emotional attachment to it.  Don’t flinch, remain ambivalent and walk away if refused.   The recovery to current price will take around a decade.  If you are a seller and get an offer within -10% of asking, consider yourself lucky and jump on it.

War Against Conservatives


Blog/Press

Posted Jan 10, 2021 by Martin Armstrong

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People are leaving Facebook, Instagram, Twitter, and were moving to Parlar. Google and Apple removed the Parlar APP and then Amazon kicked then off of AWS. This is a complete purge going on of all conservatives. We are in the midst of nothing short of a real live Russian version of a revolution. Cheer up – you get to see what it was like to live history in a major confrontation between left and right. But make no mistake about it, the super-rich remains in power just behind the curtain. They own the press and social media while they use the virus to prevent people from gathering or organizing. It is their way or no way. Their motto: Resistance is Futile!

The SciFi Verison of Communism

Controversial Tate Brothers Arrested in Romania Charged with Organized Crime, Human Trafficking, Exploitation and Rape


Posted originally on the CTH on December 30, 2022 | Sundance

Andrew and Tristan Tate are controversial figures in the industry of what has been called online influencing.  There is generally a gray area when it comes to personalities who arise from one field of fame, in this case kickboxing, and then segway into other financial exploits where politics and pop culture are blended.  One person’s hero is another’s archvillain.

Andrew Tate, and to a somewhat lesser extent his brother Tristan, are pop culture personalities who have been controversial, removed from various social media platforms and ostracized for conduct many have defined as toxic and misogynistic.  CTH has limited knowledge of them but apparently the brothers have a considerable following online and in their various endeavors.  They have strong supporters and strong opposition.

[FWIW, from the outside looking in, they look sketchy.]

Last night the pair were arrested in Romania on charges of running a criminal enterprise (what might be considered RICO violations in the U.S), human trafficking and rape.  The two brothers, and two other people who are accused of collaboration in the enterprise, stand accused of luring women into the world of online pornography and forcibly holding them against their will. [Romania Legal Charges Here]

According to Romanian authorities, Andrew Tate had been under investigation since April 2022, after accusations from one American woman claiming to have been forced into their pornography business and held under threat and duress.  Prosecutors said they found six women who the suspects had sexually exploited, and that the suspects appear to have created an organized group to recruit, house and exploit women by forcing them to create pornographic content to be viewed on certain websites for money, according to Reuters.

Reuters – Romanian prosecutors asked a Bucharest court on Friday to extend the detention of Andrew Tate by 30 days, after the divisive internet personality was arrested on suspicion of human trafficking, rape and forming an organised crime group.

Tate, a former professional kickboxer, and his brother Tristan were detained on Thursday for an initial 24 hours alongside two Romanian suspects, prosecutors from the anti- organised crime unit said in a statement after raiding their properties in Bucharest.

“Anti-organised crime prosecutors have notified the rights and liberties judge with the Bucharest Court with a proposal to remand the four suspects for 30 days,” the prosecutors said on Friday.

The brothers declined to comment on Thursday but their lawyer confirmed they had been detained. They appeared in court on Friday as they awaited its decision on whether to grant the prosecutors’ request.

Prosecutors said the Tate brothers had been under criminal investigation since April. “The four suspects … appear to have created an organised crime group with the purpose of recruiting, housing and exploiting women by forcing them to create pornographic content meant to be seen on specialised websites for a cost,” prosecutors said in a statement late on Thursday.

“They would have gained important sums of money.” Prosecutors said they had found six women who had been sexually exploited by the suspects. (read more)

Andrew Tate was born in the United States and holds dual citizenship in both the U.S. and U.K.  As noted by Reuters, “Tate, a former contestant on the UK reality show Big Brother, operates the ‘Hustler’s University’, which claims to have over 160,000 users who pay a subscription to learn about topics such as cryptocurrencies, investing and business.