Ukrainian Refugees in Munich – A Real Crisis


Armstrong Economics Blog/Civil Unrest Re-Posted Apr 4, 2023 by Martin Armstrong

COMMENT: Hi Martin,

I live in a commute in Munich in a nice neighborhood, I pay around 700 EUR rent for the smallest room, but we have a garden – and live with a few Ukrainians. They are very nice, seem like reasonable folks.
What I’m worried about though is the refugee system we have in place here in Bavaria. I wanted to move to another room, but I couldn’t: was kind of too expensive, 800 EUR/month. Guess who took it, another Ukrainian – of course, the state is paying it (“Arbeitsamt”). The crazy thing is that I’m having trouble with inflation and because I additionally have to pay taxes so that Ukrainians can live in the most luxurious room of the house for more than a year already. I would have no problem supporting them for a few months. But the thing is, a year has passed and they don’t even bother to search for work. They just go to German classes a few times a week. And spend most of the day talking and chilling in the kitchen. All of that while Munich is desperately searching for labour.

I also heard from sources, that they don’t really seem to be interested to work. A contact of mine offered them work, but they told him they can’t, as they are too busy learning German. Which I don’t understand, I see them all the time having fun in our kitchen. They don’t even really seem to learn German, one of them can’t say more than “Guten Tag” after one year of German classes…
Additionally, it seems like they are getting money from the state for leisure. As far as I have seen, they already went more often for traveling this past year through Europe than me. What I don’t understand, they also seem to be traveling back and forth to Ukraine to visit friends and family. I don’t get it, I thought that country was at war.
All in all, I think it’s good to help refugees. But when I have to suffer so that I can pay them to rent the best rooms in the house, while they have fun and are chilling in the kitchen, travel around Europe, even go visit their family in Ukraine while at war, and all that for more than a year, then the system doesn’t seem to be very fair to me, something doesn’t add up.
Best,

J

REPLY: I am getting emails from all over describing the same problem. First, it was the pretend Syrian Refugees. The government even paid for them to take vacations. It just seems that we have the MOST unqualified people in governments everywhere. In France, it is merely the extension of the Yellow Vests, not simply about pensions. We see turmoil in Canada, and even in Britain. These countries treat their own people like slaves. The Biden Administration only wants to raise taxes on Americans to pay for funding the entire Ukrainian government paying all salaries of government workers and their pensions! Why would Zelensky ever want to seek peace if the money stopped flowing as a consequence?

We seem to be building into what the computer has been forecasting – a major wave of Civil Unrest on a global scale in the West.

Finland Officially Joins NATO Creating the Largest NATO Land Border Directly Attached to Russia


Posted originally on the CTH on April 4, 2023 | Sundance 

CONTEXT:  There is no currently visible outcome where the Build Back Better collective western global alliance energy policy can succeed without escalating to a direct NATO war against Russia.

The economic outcomes of the BBB agenda are currently being felt via western, energy driven, supply side inflation.  The monetary countermeasures to that inflationary damage, raising central bank interest rates, creates instability in finance and subsequent banking collapse.

Simultaneous to the ‘western’ central bank intervention, the BRICS alliance members are withdrawing from dollar dependency as a trade mechanism.  When all those unneeded dollars return home, the dollar value collapses – and all western economies attached to the dollar as a trade currency collapse along with it.

The Western bankers need a war to generate the industrial economic activity that uses the returning dollars.  Unless and until the dollar is digitized, there is no currently visible outcome where the Build Back Better agenda is not dependent on an expanded war with Russia.

(Via Axios) – Finland became the 31st member of NATO on Tuesday — a once-unthinkable step that significantly changes the security landscape in Europe.

Why it matters: Finland’s membership more than doubles NATO’s borders with Russia and formally ends Helsinki’s decades of official nonalignment. It’s also a blow to Russian President Vladimir Putin who, in launching the Russian invasion of Ukraine, vowed to block the alliance’s eastward expansion. It’s the alliance’s ninth enlargement since its founding in 1949.

NATO Secretary-General Jens Stoltenberg sent a message to Moscow while officially welcoming Finland into the alliance: “President Putin wanted to slam NATO’s door shut. Today we showed the world that he failed, that aggression and intimidation do not work. Instead of less NATO, he has achieved the opposite: more NATO. And our door remains firmly open.”

Finland President Sauli Niinistö said it was a “great day for Finland” but also an important day for the security and the stability of the alliance.

[…] Putin’s spokesperson Dmitry Peskov earlier Tuesday called Finland’s NATO accession an “encroachment on Russia’s security” that would require Russia to take unspecified countermeasures.

Putin had previously said that Russia had no “territorial differences” with Finland or Sweden, so it was “up to them” whether they joined — but Russia would respond to any deployments of NATO military units or infrastructure to their territories.

The Russian embassy in Sweden issued an even more pointed warning last week, saying on Facebook that any “new members of the enemy block will become a legitimate target” of “Russia’s retaliatory measures,” including those of military nature. (read more)

The Trump Indictment Is Even More Silly Than Anyone Imagined….


Posted originally on the CTH on April 4, 2023 | Sundance 

Some, generally those who recognize a historic context within the moment of its manifest, will say that President Donald Trump carries an anointing – a protection that keeps harm from his purpose.

Others, mainly those who pontificate punditry while exclaiming, “the beginning of the end” and “the walls are closing in”, will likely gnash their horrible teeth and declare the bad man Trump is coated in Teflon. Albeit with a slowly lessening voice, while becoming even smaller than they were.

The indictment of Donald J. Trump IS HERE and the “statement of facts” IS HERE.  The situation, as it is represented within the text, is even more laughable than we could have imagined.  It is no wonder why the FEC, DOJ and Mueller Teams took a pass on the allegations.  The entire legal construct collapses on its face.

In the statement of facts, District Attorney Alvin Bragg says Donald Trump intended to, “influence the 2016 presidential election by identifying and purchasing negative information about him to suppress its publication and benefit the Defendant’s electoral prospects. In order to execute the unlawful scheme, the participants violated election laws and made and caused false entries in the business records of various entities in New York“… However, you will note one key element missing, the statute he supposedly violated.

What is this federal election law Bragg speaks of?

Every single one of the 34 stacked counts are contingent upon some federal violation of election law that the FEC and DOJ refused to pursue.  Yet, nothing is cited.

The courts have already determined that campaign funds can be used to avoid potentially embarrassing personal information (John Edwards case).  Using personal funds, or campaign funds to avoid potentially embarrassing information, is not a campaign finance violation.

But wait, it gets better…. or worse, if you dislike Trump.

Every single one of the 34 instances when business records were “falsified” to conceal payments to Trump legal counsel, Michael Cohen, happened between February 2017 and October 2017.   Guess what President Trump was NOT doing within the Trump organization in 2017, running it!

When Donald J. Trump won the November 2016 presidential election, he subsequently divested from the Trump organization, handing over control to Eric Trump and the company officers and directors.

Throughout 2017, presumably when these false business records (they are not) were created, President Donald J. Trump was not directing any accounting, disbursements or business record keeping within the organization.

(Via CNN) – The text of the 19-page letter reads: “I, Donald J. Trump, hereby resign from each and every office and position I hold” in more than 400 entities listed on the following pages.

The letter is signed by Trump and dated January 19, the day before he was sworn in.

White House press secretary Sean Spicer told reporters Monday that Trump’s two adult sons, Donald Jr. and Eric, are “fully in charge of the company.”

At a press conference January 11, Trump pledged to transfer his business holdings to a trust run by the sons. He refused to sell his ownership stake, a step that many ethics lawyers say is critical to avoid conflicts of interest. (read more)

RSBN Livestream From New York City


Posted originally on the CTH on April 4, 2023 | Sundance 

RSBN broadcast team LIVE from New York City as President Donald J. Trump is expected to surrender himself to New York prosecutors after being indicted by a grand jury last week. Protests against and rallies in support of Trump are expected and RSBN will bring you wall-to-wall coverage of the entire day’s events. {Direct Rumble Link}

There is also a Reuters Link below

The End of the Petrodollar?


Armstrong Economics Blog/World Trade Re-Posted Apr 4, 2023 by Martin Armstrong

Another oil deal has been initiated without the use of the dollar. The India Ministry of External Affairs (MEA) announced that their latest trade deal with Malaysia would be settled in Indian rupees. “This initiative by the Reserve Bank of India (RBI) is aimed at facilitating the growth of global trade and to support the interests of the global trading community in Indian Rupees (INR),” the formal statement noted.

Indian has benefitted from the West’s distraction from the Ukraine war. The RBI is allowing 18 counties to open Vostro accounts and has been attracting new deals in trade and manufacturing. New Delhi and Moscow have strengthened their relationship as India is not imposing sanctions.  The Indian Commerce Ministry said its five-year plan is to “encourage” the use of the rupee on an international scale, while also planning to expand exports $2 trillion by 2030. Trading in rupees will also allow India to save on conversion spreads and limit the country’s dependence on the volatile dollar.

The BRICs treaty (Brazil, Russia, India, and China) remains strong and oil giants Saudi Arabia and Iran would like to join the partnership. The Saudis stated at the beginning of the year that they were open to settling trade in currencies other than the USD. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal,” Al-Jadaan said during Davos. As we have seen in recent months, Saudi Arabia is aligning itself with China over the US.

The Vietnam war and other government missteps made it impossible for the US to maintain the fixed price of gold established under Bretton Woods. The USD relative to gold fell as the supply of dollars grew, pushing Nixon to abandon the Bretton Woods system entirely. US government debt was rapidly rising as confidence in the dollar plummeted. America needed an enticing way to sell its debt, and that was when Nixon convinced Saudi Arabia, the largest crude exporter, to purchase Treasurys in dollars in exchange for military aid. Hence the “petrodollar” was born. The creation of the Organization of the Petroleum Exporting Countries (OPEC) only further enhanced the dollar’s dominance in energy purchases.

Here we are yet again amid another war and a high budget deficit. The Saudis no longer need protection from America, and siding with Western interests would be a deterrent to its international deals with countries in the BRICs alliance and some in the OPEC+. Despite the green agenda, the world cannot operate without oil. The major oil exporters are now aligning and cutting out the US as their middleman.

Manhattan DA Office Leaks Details of Trump Indictment and Process to Media


Posted originally on the CTH on April 3, 2023 | Sundance 

President Trump is not happy as Manhattan District Attorney Alvin Bragg has leaked the details of the Trump indictment as well as process details for what will take place tomorrow in New York City. [Truth Social Link]

The DA office leaks went to Michael Isikoff at Yahoo News:

New York – Donald Trump will be placed under arrest on Tuesday and informed that he has been charged with 34 felony counts for falsification of business records, according to a source who has been briefed on the procedures for the arraignment of the former president.

A New York City police arrest report summarizing the charges against Trump will then be prepared and entered into the court system before he is led into a courtroom to be formally arraigned on the charges, none of which are misdemeanors.

But, the source said, Trump will not be put in handcuffs, placed in a jail cell or subjected to a mug shot — typical procedures even for white-collar defendants until a judge has weighed in on pretrial conditions. Manhattan District Attorney Alvin Bragg’s office, which has been consulting with the Secret Service and New York City court officials, concluded there was no reason to subject the former president to handcuffs or a mug shot.

The stated reason for handcuffing defendants is that they might be a flight risk or a threat to the district attorney or court personnel, neither of which was judged to be relevant to the handling of a former president protected at all times by a phalanx of Secret Service agents.

The charge of falsification of business records can be prosecuted in New York state as a misdemeanor. But Bragg’s office bumped up all the charges to Class E felonies — the lowest level of felonies in the New York state penal code — on the grounds that the conduct was intended to conceal another underlying crime, according to the source.

Under the New York State penal code, a conviction for the Class E felony of falsifying business records can result in a prison term of up to four years. But as a practical matter, that seems extremely unlikely. “No one gets jail time for that as a first offender,” said a New York law enforcement official.

The evidence for the underlying crime that escalated Trump’s alleged misdemeanors to felonies is still not clear and won’t be until the indictment is unsealed on Tuesday. But it is believed to relate to the payment of $130,000 in hush money to porn star Stormy Daniels during the closing weeks of the 2016 election to conceal an extramarital encounter with Trump.  (read more)

Hungarian Prime Minister Viktor Orban Sends Message of Support for President Donald Trump


Posted originally on the CTH on April 3, 2023 | Sundance

The aligned interests of the geopolitical world are always visible, even when the corporatist media ignore them.

Hungary, a nation proud of its heritage, has been under assault from the U.S. State Department, the EU collective and the western NATO alliance for their refusal to acquiesce to the World Economic Forum and western globalist ideology. {background here}  Today Hungarian Prime Minister Viktor Orban sends his official message of support for President Donald Trump.

(SOURCE)

The US Begins to Arm Taiwan


Armstrong Economics Blog/War Re-Posted Apr 3, 2023 by Martin Armstrong

The evidence of the coming global war is overwhelming. In a move that will prompt a direct response from China, the US announced that it would deliver 400 Javelin man-portable anti-tank systems to Taiwan. The delivery is strategically planned to begin during the second half of this year into 2024. Reports claim that this deal was created under Trump, of course, but the timing could not be more on point for the international conflict our computers have been indicating.

These advanced weapons can penetrate armor 800 millimeters thick and come equipped with fire-and-forget technology. Ukraine has used these American-made missiles to repel troops and they are extremely effective. This is not intended to prevent China from invading. It is in preparation for when they do invade.

China will never relinquish Taiwan. It would be considered a great shame for the nation and an embarrassment on an international scale. They will do everything possible to keep Taiwan under the One China policy. China is taking notes on how Russia is operating in Ukraine. Russia had little time to prepare, whereas China has had 75 years. China is the second-largest economy in the world and will surpass the United States. The US is no longer a feared nation as it has lost every war since the second world war. The woke ideology prominent in American politics makes our nation appear weaker than ever before. America became the financial capital of the world after the second world war; China will secure that title after the third.

Has Bakhmut Fallen? Zelensky the Real War Criminal


Armstrong Economics Blog/Ukraine Re-Posted Apr 2, 2023 by Martin Armstrong

There are yet unconfirmed reports that the head of Russia’s Wagner mercenary group, Yevgeny Prigozhin, announced late on Sunday, April 2nd, 2023. that his forces have raised the Russian flag over the administration building of the town of Bakhmut in Ukraine. There is no question that Bakhmut will fall. Zelensky has sent over 100,000 men to their death there desperate to keep the money flowing into Ukraine. It is a sad state of affairs when a high-heel dancing idiot orders generals to fight to the death all for his pride and money. The fall of Bakhmut is simply inevitable and the West’s propaganda that Russia would be defeated and that they were weak was all wishful thinking of the Neocons who can think of nothing but war.

Zelensky should be charged with treason and bribery. He was elected promising to end the war and broker peace. Once he got in, he sold his soul o the Neocons and filled his pockets to live forever comfortably. Some Ukrainians are wondering if he did this to punish Ukraine for its persecution of Jews.

He hid being a Jew before the election. Even made jokes about persecuting the Jews. This has a lot of people very confused since he suddenly became Jewish after the election. He married a non-Jew and had his children baptized. He jokes about the confiscation of property of Russians and Jews.

By the time he is finished, 500,000+ Ukrainian will have died because of him and his greed! He could swap his high heels for an army helmet and always appear in an army T-Shirt to get money. That did not give him the experience to win a war. Pray for all the Ukrainians he sent to their death.

CNN wrote:

The Kremlin saw Zelensky’s predecessor, outgoing President Petro Poroshenko, as representing the “party of war,” and the election results in Ukraine were greeted by official Russia with what could be described as cautious hope for a reboot in relations.

“There are chances to improve Ukraine’s interaction with our country,” Russian Prime Minister Dmitry Medvedev said on Facebook. “What is needed for this? Honesty. And we need a pragmatic and responsible approach.”

The day before Putin launched his special operation, Zelensky announced to the world he would seek nuclear weapons to force Putin’s hand. This was all choreographed by the Neocons who always want war. They will never stop.