Category Klaus Schwab A Clear & Present Danger

Mar 24 2023

CNN is Dying – Thank God!


Armstrong Economics Blog/Press Re-Posted Mar 24, 2023 by Martin Armstrong

COMMENT: Marty, You have a bigger readership than CNN. They dropped to 80,000 primetime. I think you are well beyond 600,000 these days. Maybe put in an offer to buy CNN for $1.49 and hire all new staff and Socrates should get his own show.

WL

REPLY: That is just amazing. I think the price is too high. It should be negative. You fire all the leftist pretend journalists and they will be in court the next day. So there would be a huge amount of liquidation costs. They would have to pay me to take over CNN and even then I think the lights should just be turned out and start fresh with something new. This is just another example of WOKENESS and how it is destroying everything it touches. Quantification, competence, and experience are no longer required for jobs in any company that is WOKE. They are all at the end of the day destined for bankruptcy. In the media, the truth has been sacrificed for fake news to manipulate people’s opinions and steer the country to its doom.

In Germany, being pro-COVID and pro-war, the press is being viewed as part of the whole agenda against the people. There are people now attacking the journalists for hiding the deaths from the vaccines. Many see the press as just evil. Some are still caught up in the vaccines and refuse to admit that there are even side effects. They have lost all sense of honor and independence. It is no longer bout truth, it is just pushing an agenda.

The German mainstream media will also cheer on sending German boys to their death in Ukraine all because that is their directive. They seem to care nothing for society whatsoever and cannot see past the end of their nose. I do not understand how they can look at themselves in the mirror every morning.

If you have any children, tell them to stay away from joining any mainstream media. It will ruin their lives forever for when the dust settles, the people will remember who they were that sent the world to its destruction.

Mar 24 2023

Medvedev warns The ICC Has Instigated an Act of Arbitrary War


Armstrong Economics Blog/Corruption Re-Posted Mar 24, 2023 by Martin Armstrong

Former Russian President Dmitry Medvedev has warned the West and rightly so that the decision of the International Criminal Court (ICC) to issue an arrest warrant against his successor, Vladimir Putin, will have dire consequences for international law. But it would also justify immediate World War III. The ICC has been usurped by the Neocons and has lost all its integrity and authority whatsoever.

The Neocons who have seized control of USW Foreign policy are the aggressors and unless we overthrow them, we are headed into a dark period. They have divided the world economy and the loyalty of nations. Just as many who were in league with ancient Athens turned against them for their arrogance, history is repeating. Their usurpation of the ICC crossed the Rubicon.

Medvedev made it clear that the change in International law and the institutions themselves, such as the ICC, that were once to govern the world have been corrupted just like everything else the Neocons get their hands on. The No. 1 goal of Russia and China now in the context of this new divided world order is to reestablish international law.

Medvedev explained this on his Telegram platform.

“They decided to try the president (…) of a nuclear power, which is not a member state of the ICC
for the same reasons as the USA and other countries, … “There is a definitive breakdown of the international law system.”

As I have explained, the rule of the ICC is that they have no jurisdiction over nonmembers, and that includes Russia, China, and the USA. Even the former prosecutor at Nuremberg has come out in protest against the ICC. The Neocons have usurped the ICC and it is now just a corrupt court no longer worthy of any respect.

Mar 24 2023

Things Are Getting Spicy in France as Mass Protests Turn Violent in Some Areas – Macron Declares This Is France’s January 6th Insurrection Moment


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

History tells us the French ‘do revolution’ quite well, the current status of the protests against President Macron’s unilateral pension reform cuts are no exception.

Worker strikes have hampered France for over a week in protest to: (1) the pension reform; and (2) the undemocratic way it was enacted via unilateral fiat by the French President, Emmanuel Macron.

Today the worker strike turned to massive protests in the streets throughout several regions.

As the day wound down, those protests then turned violent as the ultra-left-wing “Black Bloc” anarchists began attacking police.

(Reuters) – PARIS, March 23 – Police fired tear gas and fought with violent black-clad anarchists in Paris and across France on Thursday as hundreds of thousands of protesters marched against President Emmanuel Macron’s plan to raise the pension age.

The ninth day of nationwide protests, mostly peaceful, disrupted train and air travel. Teachers were among many professions to walk off the job, days after the government pushed through legislation to raise the retirement age by two years to 64.

Demonstrations in central Paris were generally peaceful, but groups of “Black Bloc” anarchists smashed shop windows, demolished street furniture and ransacked a McDonald’s restaurant. Clashes ensued as riot police drove back the anarchists with tear gas and stun grenades.

Interior Minister Gerald Darmanin said 149 police officers were injured and 172 people were arrested across the country. Dozens of protesters were also injured, including a woman who lost a thumb in the Normandy town of Rouen.

[…] Police had also fired tear gas at some protesters in several other cities, including Nantes, and Lorient in the west, Lille in the north, and used water cannon against others in Rennes in the northwest. Labour unions fear protests could turn more violent if the government does not heed mounting popular anger over pension curbs.

Unions called for regional action over the weekend and new nationwide strikes and protests on March 28, the day Britain’s King Charles is due to travel to Bordeaux from Paris by train.

The main entrance of the Bordeaux town hall was set ablaze on Thursday, days before the monarch was due to walk through on his visit to the southwestern city.

On Wednesday, Macron broke weeks of silence on the new policy, insisting the law would come into force by year end. He compared protests to the Jan. 6, 2021, storming of the U.S. Capitol.

[…] The French Interior Ministry said 1.089 million protested across the country, including 119,000 in the capital which was a record since protests started in January. The CGT union said 3.5 million people marched in the country, equalling a previous high on March 7.

“I came here because I oppose this reform and I really oppose the fact that democracy no longer means anything,” Sophie Mendy, an administrative medical worker, told Reuters at the Paris rally. “We’re not being represented, and so we’re fed up.” (read more)

World War III may break out against Russia in/around Moldova.  However, another more widespread war may break out even sooner that has nothing to do with nation states.

Mar 23 2023

Lord, what fools these Ukrainians Be!


Armstrong Economics Blog/Ukraine Re-Posted Mar 23, 2023 by Martin Armstrong

I get hate mail from Ukrainian Nazis routinely now. They of course deny there are any Nazis ever. Yesterday it was “You are definitely on the wrong side of history” and of course calling all Russians “scum” while Ukraine walks on water and is so honorable it makes me sick. Here we have Zelensky bragging about how Ukraine will be the biggest bonanza in European history. As for the American “titans” lobbying for more destruction and death so they can make money, I can only warn them – what goes around comes around. They have no problem advocating drafting your children to die on Ukrainian territory for their lucrative construction projects.

Sorry – I only wish them what they wish to put others through for their profits and bottom line, When this is done, they will probably also flee to Dubai like Halliburton for the Iraq War to avoid American subpoenas. So jump up and down cheering war for dollars. I for one will not invest 1 cent in any company joining Ukraine. I lost most of my high school friends for Vietnam and their profits back then. Screw you and your manipulation of human lives for profit.

And as for Ukrainians, how blind do you have to be not to see the real enemy in home-grown?

Mar 23 2023

President Putin Together with Chairman Xi, Warn NATO About U.K. Plan to Send Depleted Uranium Rounds to Ukraine


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

The alarming provocations and escalations continue as the U.K. has pledged to send depleted uranium anti-tank rounds into Ukraine.

During a four-hour public meeting which included international press, Russian President Vladimir Putin noted the NATO intent to use depleted uranium artillery and tank missiles against Russian forces would be met with countermeasures.

Russian Defense Minister Sergei Shoigu noted the British decision leaves fewer and fewer steps before a potential “nuclear collision” between Russia and the West.  “Another step has been taken, and there are fewer and fewer left,” he told reporters in remarks cited by domestic agencies.

(Reuters) – Russian President Vladimir Putin on Tuesday condemned British plans to send tank ammunition that contains depleted uranium to Ukraine, saying Moscow would be forced to respond accordingly.

Speaking in London on Monday, Minister of State for Defence Annabel Goldie said some of the ammunition for the Challenger 2 battle tanks that Britain is sending to Ukraine includes armour piercing rounds which contain depleted uranium.

“If all this happens, Russian will have to respond accordingly, given that the West collectively is already beginning to use weapons with a nuclear component,” Putin said in remarks after a summit with Chinese President Xi Jinping. He did not elaborate. (read more)

Keep in mind, all remarks by the heads of state during these sessions are known in advance by both nations.  Chairman Xi knew what Vladimir Putin was going to say. Additionally, at the end of their three-day summit, Chairman Xi made comments that were strategically positioned publicly to be overheard by international media.

Chairman Xi is cunning panda and is very well skilled at making statements in front of media that drive his own interests.  These comments are always strategically placed by Chairman Xi and his people who plan every possible angle in advancing their agenda.

These end of summit remarks were specifically made by Xi, knowing they would be picked up on microphones by media, interpreted and then broadcast.

[…] “change is coming that hasn’t happened in 100 years, and we are driving this change together”.

I said it yesterday, and I will repeat it again:

All of these tremors point to a larger issue in the background of “western government” policy.   Something is going to eventually erupt.  Government cannot keep a lid on the chaos they create forever.  Sooner or later a spark will ignite something… and it will not just be in France.

Do not focus too heavily on the weeds of any particular issue or nation lest we lose sight of the much larger dynamic.  One thing is most certainly assured; Chairman Xi and President Putin can see that larger dynamic clearly, and there’s abundant opportunity within the geopolitical unrest.

Mar 22 2023

The Banking & Debt Crisis Continues


Armstrong Economics Blog/Banking Crisis Re-Posted Mar 22, 2023 by Martin Armstrong

The banking crisis continues and it is impacting funds that have been buying bonds. Allianz, a subsidiary of Pimco, is writing off countless millions with Credit Suisse bonds. The banking crisis has been the result of artificially low-interest rates for far too long and banks were used to free money and buy long-term bonds all because they were making their money on the spread. Now that rates are rising, their risk management was effectively nonexistent, and thus the losses and widespread.

The Allianz subsidiary Pimco is one of the largest asset managers in the world. They have to now write off a loss in Credit Suisse bonds and it’s ain’t over yet as we head into April 10th.

Mar 22 2023

White House Neocon Spokesman Admits – They Do Not Want Peace in Ukraine


Armstrong Economics Blog/Ukraine Re-Posted Mar 22, 2023 by Martin Armstrong

I have had two employees from Ukraine – Kiev and Donetsk. The one from Kiev just mouths the standard Ukrainian propaganda. If they give up the Donbas, they will then want all of Ukraine. The UK is deeply involved walking hand and hand with Biden into world war III. They have clearly crossed the Rubicon here and for no justification. Had they simply honored the Minsk Agreement and let the Donbas, which is ethnically Russian, separate from a regime that hates their guts the war would be over in 5 minutes.

Instead, Britain appears to have been planning to give Ukraine nuclear weapons with depleted Uranium. Putin has come out and warned the UK that “the delivery and use of depleted uranium missiles by the Ukrainian Armed Forces will be perceived as an attack against Russia with a weapon that has a ‘nuclear component’.” Putin elaborated:

“Today it became known that the United Kingdom, through the Deputy Head of the Ministry of Defense of the country, announced the supply of not only tanks to Ukraine but also shells with depleted uranium. It seems that the West really decided to fight Russia in the last Ukrainian not with words, but with deeds Russia will be forced to react once the collective West starts using weapons with a nuclear component.”

There are some who believe that Ukraine should just be nuked. Give the people 2 weeks to flee to Poland or Germany, and then nuke the region and make it unlivable. That is basically the legion that Rome certainly razed the city entirely, but there are no contemporary sources stating that the Romans salted the land to prevent the city of Carthage from rising a fourth time. The Greek writer from the 1st century BC, Diodorus Siculus, informs us that the city had been razed and Carthaginians destroyed. Horace informs us that after the city was destroyed, the land was symbolically plowed. Polybius in his “The Histories” makes no mention of the land being salted just that the city was completely destroyed. Appian of Alexandria does record that Carthage was reconstructed by the first Emperor Augustus (27BC-14AD) and to avoid the evil spells that were cast on the ground, Carthage was rebuilt in a different location.

Surely, if Russia nuked Ukraine that would kill the European breadbasket and it would guarantee Ukraine’s neutrality. Is that the only way to terminate this Neocon Proxy Way and save the world?

The three Punic Wars (264 BC–146 BC) between Rome and Carthage were a turning point in the history of the Mediterranean world and, more than any other conflict, the Second Punic War (218 BC–201 BC) appears to have been a defining time in Roman history. We also see the debasement in that coinage of Carthage as they waged war to defeat Rome. You can see the early silver coinage debased as the war unfolded.

As Hannibal marched through Spain and invaded Italy from the North, Rome issued its first gold coinage more as a symbol of wealth to the other Italian city-states that they should standby Rome and not join Hannibal.

On the Roman side, we also see the consequence of the war with the debasement of the silver quadrigatus, which was the Greek denomination of the didrachm they complied with for trade with the Greek world. Here too, we can see the cost of war is not just the lives lost, but also the inflation and the monetary debasement.

Hannibal’s war also forced Rome to establish the denarius, which was the weight reduction from the Greek standard of the Didrachm 6.5 grams to 4.0 grams in 211BC. Even though Rome won,  the lesson here is that sometimes wars result in the complete collapse of a monetary standard and the rebirth of a new currency. This is what we face. The Neocons care nothing about the economics, nor about the lives of the people they send to die for their arrogance. They are the worst of humanity and should be driven from governments on a global scale.

Indeed, King Louis XIV (1643-1715) was on his deathbed when he lamented.

“I have been too fond of war.”

Meanwhile, the arrogance of the Neocons trying to dictate to the world and ordering China not to help Russia, Xi’s trip to Russia had no other outcome but to support Russia as he called Putin a ‘dear friend’ as China now pushes back against U.S. power knowing full well the real agenda here is to weaken Russia and then for NATO to invade on any pretense to destroy Russia once and for all. This is the Neocon’s dream and they could care less about the Ukrainian people. I have warned that the Ukrainian people are there to be slaughtered for the glory of the Neocons.