Open Borders, Chaos & Violence


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

I have traded head-to-head with Soros. Many believe that he was also behind getting me imprisoned after his attempt to trade against the Japanese yen in 1999. I defeated and warned all my clients at our March 1999 Tokyo conference how to defeat Soros and the other bankers who were trying to exploit the Japanese for their fiscal year-end on March 31st that year. I was the one who called in when he was targeting the British pound and confirmed that the pound was overvalued and it would crack which made him all his money.

While I cost Soros perhaps $1 billion in Japan, it was the Russian trade I refused to join when asked to invest $10 billion into Hermitage Capital Management. I warned them that Russia would collapse. I warned my clients at our June 1998 conference in London when the London Financial Times published that forecast on the front page of the second section. Soros lost $2 billion on that one. For years, all I have heard is how Soros and the other bankers & hedge fund guys wanted my company shut down.

When you are in the Financial Industry, your phones are recorded to make certain if you said buy, it would not a sell. I had everything on tape and it would have been enough to send a lot of people to prison for a long time and end this crisis that we are now facing where they are using the money to destroy Western Civilization. The government then claimed it was all destroyed in World Trade Center building 7 that every expert says was a controlled demolition. They claimed all my evidence was destroyed in WTC7.

Did they take down that building to save all the firms on Wall Street that were engaged in market manipulation and targeting other countries’ currencies? There were tapes even bragging about paying bribes to Russian officials to recall all the platinum for inventory. Surely, had the truth surfaced, it would have been a serious international crisis, and we would not be in the position we are today with open borders everywhere.

Soros is famous for saying: The main obstacle to a stable and just world order is the United States. If that is not enough for Congress to summon him to uncover this cabal, then how about: The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.

George Soros is perhaps one of the three greatest destroyers of Western Civilization with Klaus Schwab and Bill Gates. Soros has long pointed to academic philosophy as his source of inspiration rather than just personal philosophy. George Soros’s philosophy is organized around the idea of the “Open Society,” a term developed and popularized by Karl Popper (1902-1994), a political philosopher of some influence. Effectively, it stands for a one-world government.

Popper was an academic with no actual real-world investigation like Adam Smith – just theory. He was a self-professed critical rationalist, a dedicated opponent of clearly all forms of skepticism, conventionalism, and relativism. He was a committed advocate and staunch defender of the “Open Society”. According to Popper, open societies guarantee and protect rational exchange, while closed societies force people to submit to authority, whether that authority is religious, political, or economic.

Since 1987, George Soros has published 14 books. He has made it very clear that he leans left and his defining intellectual principle is internationalism. Soros’ political goal is to create a political world not defined by national states, but by a global community whose constituents understand that everyone shares an interest in freedom, equality, and prosperity. In his opinion, the creation of such a global open society is the only way to ensure that humanity overcomes the existential challenges of climate change and nuclear proliferation.

I have zero respect for Soros or his son. The EU was formed on this same theory that a one-world government will eliminate war. These people are totally ignorant of the fact that the Roman Empire represented one government, but the myth of the Pax Romana was precisely that because that ONLY applied to international war. There was a civil war when Julius Caesar crossed the Rubicon in 49 BC. Then there was another civil war between Octavian v Mark Antony & Cleopatra in 31BC 18 years later. The next civil war came with the death of Nero in 68AD, 99 years later. The next Civil War came with the assassination of Commodus in 192AD 124 years later. Then with the death of Caracalla in 217AD, the next Civil War unfolded 25 years later. This was followed by Civil Wars in 235, 244, 249, and 253.

Then the Roman Empire split into three parts in 260AD. This eventually led to reforms of Diocletian and the creation of the Tetrarchy in 284AD. That eventually broke down into another Civil War where Constantine seizes control claiming if there is one God, then there should be one emperor by 305AD – another 21 years later. Thus, during a period of 354 years, there were 11 major Civil Wars. So much for this theory of an “open society” creating this sick dream of a one-world government.

There are major cultural differences that cannot be forced into one. Even in the United States, there are four regional cultures. The Midwest is known as the Bible Belt. They clash with California and New York. In France, there is clearly an undertone of cultural discord. Some call this racism, but it is not about the color of someone’s skin, it is always about culture. Soros’ Open Society is the destroyer of Western Civilization. The West will fall and the new financial center of the world will be China. Our Neocons and their hatred for all Russians is an example of how this nonsense of an Open Society is a complete joke.

The Neocons opposed NATO’s invitation to Russia to join. They wanted to rule Russia and completely destroy the country politically. You cannot impose your culture upon another society.

Ukraine has effectively outlawed the Russian language even in the Donbas where ethnic Russians are not allowed to use their own language. Can you imagine what would happen if the USA banned the Spanish language or Canada outlawed French? The Ukrainian provision took effect on January 16, 2023, as stipulated in Article 25 of the law. It requires print media outlets registered in Ukraine to publish exclusively in Ukrainian. Publications in other languages must also be accompanied by a Ukrainian version, equivalent in content, volume, and method of printing.

The state language law requires that Ukrainian be used in most aspects of public life. The law was adopted and signed by former President Petro Poroshenko in 2019, as he was leaving office, with several provisions scheduled to come into force in subsequent years.

The entire Ukrainian War is a land grab, seize the Donbas and Crimea, outlaw Russian, and force their culture upon the indigenous population there and they have gone as far as to even outlaw the Russian orthodox church. They must change their religion to the Ukrainian version of Christianity.

This entire cabal that thinks they can force everyone into a single culture under a one-world government is threatening everything that humanity was all about. We are surrendering our cultures, our freedoms, and all of our dreams to people who think they can reshape the world as they think it should be. Soros said:

If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I might end up in the loony bin. But when I made my way in the world I wanted to indulge myself in my fantasies to the extent that I could afford.

The Collapse in Confidence of US Government is Here


Armstrong Economics Blog/Politics Re-Posted Jun 24, 2023 by Martin Armstrong

Despite the cheering from the Washington Post, CNN, NY Times, the rest of the anti-Democracy press, and all the Democrats who were brainwashed into thinking Trump really won only because of Putin in the Hillary version of conspiracy theory (misinformation), what they have unleashed is the international collapse in confidence of the United States. Ever since Trump’s arrest, my phone has been in meltdown mode. People who were even on the fence about my case suddenly called and said gee, they use the criminal law for political purposes in the United States. Once upon a time, they trusted the United States. It seems that Trump’s arrest is now a sea-change in realization.

People are starting to wake up. The list of people they go after criminally who are whistleblowers in some capacity like Snowden and Julian Assange is just the tip of the iceberg. Criminally charging Trump was crossing the Rubicon. Then the Democrats stated that Biden will not debate anyone – Democrat or Republican. That is in itself a confirmation that he is not competent to be president. Yet he is the perfect patsy for the Neocons to run the show. When Lindsey Graham holds up a sheet and quotes Biden as authority for him and his fellow Neocons to declare war on Russia, it confirms what I have been saying. The United States is no longer a free nation. We are living in a coup, but the press is silent as was the press in every such incident from Communist Russia to Venezuela when the state turns against its people.

So, the Democrats who do not care about the Constitution or our future as a nation can cheer that this is your time to utterly destroy the other 50% of Americans who you despise so deeply. You will win the 2024 election if Biden can make it that far, and every investigation into him and Hunter will be blocked by the Department of Justice, FBI, and the NSA because this is now about the power resting in the hands of the Neocons who just want war. So pack your toothbrush, you will get to fight Russians in Ukraine and put your political dreams on the line.

These leftist zealots are cheering the end times like the Romans who they said were still laughing when the barbarians stormed the gates. For EVERY phone call I have had from Asia to Europe, they are all expressing complete shock that the United States is collapsing in the midst of political corruption. Suddenly, our forecast that the 2024 election might not even take place or certainly will not be real is starting to hit home. They are now all seeing that our forecast about the 2024 Presidential Election would be the most corrupt in history and mark the END of democracy in the United States is not so far-fetched.

These leftist people just do not get it. They crossed the Rubicon and now the view of the United States from the outside looking in, nobody seems to believe that America is still the beacon of liberty to the world. It is becoming so obvious that our computer will be right once again.

This year 2023 was a MAJOR turning point and an important Directional Change.  You can see that 2025 is the biggest target for a decade. Announcing that Biden will not debate anyone is on par. I am warning you that the Neocons need to create war with Russia BEFORE the November 2024 election for in their mind, no president has ever lost an election during war. It will also allow them to create the excuse to suspend the election during a national crisis.

Desantis – PLEASE stay here in Florida. They will never let anyone win that office anyway. The Neocons are in charge. Stalin was correct. It does not matter who you vote for. Those who count the votes decide the election. Anyone who thinks the CIA cannot rig the election is an absolute fool.

Trump’s Indictment Upends Decades of Lax Classified Docs Precedent—Hillary, Biden, & More Let Off for Similar “Crimes” | SYSTEM UPDATE #96


By Glenn Greenwald Posted originally on Rumble on: Jun 9, 7:00 pm EDT

Jeff Clark Gives Solid Take on DOJ Trump Indictment Scheme


Posted originally on the CTH on June 9, 2023 | Sundance 

Rather than write 10,000 highly specific and legally granular words to deconstruct the Trump indictment, I will share the opinion of others with supporting analysis and add some substance to the issues. Later I will compile all the various points of analysis into one very granular article.

First, it is important to always remember why this indictment is taking place.  The DOJ, specifically Lisa Monaco, are continuing the offensive against Trump in large part to cover for the actions of the Obama administration in the originating targeting of their political opposition.  Originating Spygate operations (’15-’16), Russiagate (’16-’17), Mueller (’17-’19), Impeachment #1 (’19-’20), Durham (’19-’23) and Jack Smith ’22-present, are all part of one long continuum of weaponized DOJ and FBI operations.  The entirety of the effort is to protect the actions taken by the Obama administration. [Note to congress: Questioning Durham this month is defense key #1]

In this interview {Direct Rumble Link} Jeff Clark gives his opinion of the statutory weaknesses that exist in the case as outlined in the indictment.  The first two defense approaches will likely be: (1) the Presidential Records Act supersedes the issues of document holding as noted in the use of the Espionage Act. (2) However, if the Espionage Act [Statute 793(e)] has to be defended, the originating issue of “unauthorized possession” will be the second approach heading to the 11th Circuit Court of Appeals.  WATCH:

Granular note, putting aside the fact that classification is irrelevant to the statute being used, within the indictment please notice how the DOJ states 102 classified documents [pg 27], some that were never marked classified as noted in the indictment [count 11, page 30] but defined as classified after DOJ review, were discovered after the Trump affirmation of compliance in July 2022.  This is the predicate for the FBI raid.  Again, a total of 102 documents were identified as classified by the FBI/DOJ.

They were unable to use classification status as a legal mechanism to attack President Trump; instead, they use the non-production as an evidence enhancement to the ridiculous claim that Trump lied to them (sec 1001); but notice how there are only 31 documents [31 counts] outlined as national defense security issues.  This would mean approximately 70 classified documents are memory holed by this special counsel.

70 defined “classified” documents retrieved, no description provided, those documents not a part of any legal contention – they just disappear.   I suspect we know what those sets of documents pertained to, and they have everything to do with DOJ and FBI conduct in Russiagate.

CTH has a years-long research library on all of these Trump-Russia investigative issues, including the in-real-time background stories that encompass them, and that library is massive.

If you have a specific question, ask me in the comments section and I will do my earnest best to review and answer.

Tell me what questions you have, and I will do my best.

Be of good cheer, I really don’t think this indictment will past the first defense challenge, The Presidential Records Act.

Marjorie Taylor Greene Outlines the FBI Document She Reviewed Highlighting Bribes to Joe Biden and Family – Video and Transcript


Posted originally on the CTH on June 9, 2023 | Sundance 

Amid all the furor of the corrupt and political indictment against President Trump, Congress was permitted to read the witness statement from a Confidential Human Source who outlined allegations of bribery in testimony to FBI agents.

The FD-1023 report was written by FBI investigators in July of 2020.  It became an issue after the FBI seemingly took no action, and then recently claimed to be “investigating” the claims of the “highly credible” FBI source.  Marjorie Taylor Greene (R-GA) reviewed the report and then gave her impression to the media.  Video and Transcript below. WATCH:

Transcript: Reading this form (FBI’s FD-1023) today shows the pure distinction.

This information this source that came forward. It’s a paid informant by the FBI. This has nothing to do with Giuliani. This has nothing to do with the information that he brought forward in 2020. It’s totally separate and it’s extremely incredible because he’s a paid informant.

I made some notes after I left the skiff based on the information and I’ll share that with you guys right now.

Basically, what was happening there is back in 2015 2016 Burisma was looking to buy a US based oil and gas company, and this came from being advised by Hunter Biden and his partners.

(Joe) Biden said Shokan was corrupt. That was around the time of this meeting was when Joe Biden was Vice President had said that the prosecutor Shogun was correct.
They hired Hunter on the board to make the problems go away. That’s what they specifically said.

Hunter advised that they can raise more money if they bought a US company.

So the informant was trying to do the right thing and trying to advise Burisma that they shouldn’t go this route but they should hire an attorney to work out their problems that they were being investigated for because they were having other legal problems. And that’s why they were being investigated by this prosecutor Shokin that it was advising them don’t go this route.

Why would you buy another US company while you’re under investigation? That’s not a good idea. So he’s trying to tell him to do the right thing.

The owner of Burisma said that Hunter was stupid and that his other business partner was smart.

He also said that he paid $5 million to one Biden and he paid $5 million to another Biden and it was all a bribery to get Shokin fired and end the investigation into Burisma.

He also told the informant This is common practice in Russia in Ukraine, common practice, it’s part of business there are other cultural works, that they will pay bribery money in order to get business deals done. And then many businesses, they take that into account they put in their budget, basically, when they’re preparing to buy another company or start another company, that that’s just normal.

And so over in Ukraine, for them to consider hiring Hunter Biden on the board in order to make their problems go away, which was the prosecutor Shokin, who was investigating Burisma for corruption and legal problems.

This was definitely illegal for a vice president of the United States and their family members.

The informant had asked the owner of Burisma if he was happy that Trump won and he said no he was not happy. Remember, he had invested a lot of money into the Biden’s to make these problems go away. But he did say that it would take 10 years for all of us to find out about the payments that were made to the Bidens. Because of how many bank accounts there were.

He said at the time, there were no direct payments made to big guy but at the meeting later, after he had become more upset as things are unfolding, he told that informant that he has two pieces of evidence showing proof of payment to Hunter and specifically Joe Biden.

You see, I think what everyone needs to understand is their business. Whether they perform their business in a legal manner or correct manner, they always keep records of their business payments, accounts and receivables that’s how it’s done and this owner and Burisma pepper record, especially at the bribes and if you’re in an industry where you have to pay bribes to get your business deals done.

You always want to keep a record and keep proof of your brides because that’s how you make sure you get people to follow through on whether it was done.
What I read today is again shocking just as what I read in the treasury department with all the SARS is shocking. But we are going to continue following this investigation.

We’re going to continue to look into every single thing that we can uncover.

We need the FBI to keep cooperating with us that’s extremely important. And I have very high expectations of Christopher Wray that will do the right thing and continue showing us the information that we’re asking for.

What I’m upset about though the FBI doesn’t think the American people are worthy of this unclassified information. I certainly do. I think the American people deserve to know every single bit of it and that’s why when I left the skiff, I’ve made this paper here so that I could explain everything to the American people. (End Transcript)

Strategic Lawfare at Work, They Didn’t Resign – Jack Smith Takes Down Two Trump Lawyers Using Compelled Testimony, Creating Witnesses Within Indictment


Posted originally on the CTH on June 9, 2023 | Sundance 

Good news, bad news and granular news..

First, the good news. The judge assigned to the Trump documents case is U.S. District Court Judge Aileen Cannon.  She is the same judge who handled the lawsuit last year after the FBI raided Trump’s Mar-a-Lago estate.   Judge Cannon was the judge who appointed the “special master” to review the documents the DOJ was claiming were classified, but Team Trump was contending that definition.

Now the bad news. The DOJ is no longer legally arguing that Donald Trump held any classified documents at Mar-a-Lago.  The DOJ is arguing that President Trump held documents vital to U.S. defense security.  It’s a farce but that’s their position.  The classification status of documents is moot, nonexistent, except to create the predicate for the proverbial FBI nose under the tent.

The DOJ-NSD (that’s Lisa Monaco) got a warrant to look for classified documents, but never intended to use classified documents as a case cornerstone because President Trump had full declassification authority.  The DOJ got a search warrant by convincing a judge they were looking for something that wasn’t even a violation of law. That’s why the DOJ would not reveal the probable cause affidavit.  The search was built upon a fraudulent pretense.  “Classified” is a snipe hunt.

You will notice Jack Smith never discussed “classified documents” in his remarks, and the issue of classified documents appears nowhere except in the indictment as a purposeful lawfare description of documents.  The DOJ is not legally charging anything relating to the classification status of the documents.  That’s the Lawfare and media banter to create a talking point.  The term “classified” is all over the indictment, but as a lawfare adjective only; it’s like using the word “stash”.

The special counsel legal framework is centered around documents the DOJ define as vital to “the defense security” of the United States.  EVERYTHING is predicated on 31 counts of an 18 U.S. Code § 793(e) violation.  The DOJ defines what is considered a defense document, and that intentionally has nothing to do with classification.

The granular news.  You might have heard that two of Trump’s lawyers, Jim Trusty and John Rowley, quit today.  The media wants to use their exit as a point to indicate Trump is in legal jeopardy; however, that’s not the case.

As soon as Trusty and Rowley saw their forced testimony was used in the indictment, they had no option except to exit the case.  Despite the lawyers providing no damaging information against Trump, the DOJ used language in the indictment to turn Trump’s lawyers into material witnesses. Weissmann’s Lawfare tactic create a conflict, forcing the two Trump lawyers to depart.

WASHINGTON DC – Two of Donald Trump’s top lawyers abruptly resigned from his defense team on Friday, just hours after news broke that he and a close aide were indicted on charges related to their handling of classified documents.

Jim Trusty and John Rowley, who helmed Trump’s Washington, D.C.-based legal team for months and were seen frequently at the federal courthouse, indicated they would no longer represent Trump in matters being investigated and prosecuted by special counsel Jack Smith, who is probing both the documents matter and efforts by Trump to subvert the 2020 election.

The resignations were shortly followed by an announcement from Trump himself confirming that a close aide, Walt Nauta, had also been indicted by federal prosecutors. Nauta, a Navy veteran, had served as the former president’s personal aide and was a ubiquitous presence during his post White House days.

In their place, Trump indicated that Todd Blanche — an attorney he recently retained to help fight unrelated felony charges brought by Manhattan district attorney Alvin Bragg in April — would lead his legal team, along with a firm to be named later. Trump and his team have liked Blanche, who is expected to play a more elevated, central role. (more)

Weissmann, Eisen and Smith are using lawfare in the indictment to put the interests of Trump and his aide Walt Nauta against each other.   Obviously, Nauta would not turn on Trump, so the prosecution made Nauta a target for a federal 1001 charge of lying to investigators and will pressure him throughout the case to take a plea in exchange for testimony against Trump.   Nauta is the baseline of the “Conspiracy Elements” which require two or more people.  Again, pure Lawfare.

Obviously, Jim Trusty was unaware last night that his forced testimony would be used in the indictment. WATCH:

Listen Carefully, Special Counsel Jack Smith Delivers Statement Following Trump Indictment – Indictment Link Included


Posted originally on the CTH on June 9, 2023 | Sundance 

I would strongly urge people, especially those who walk the deep weeds, to READ THE INDICTMENT carefully, before watching the remarks by special counsel Jack Smith as delivered today.  What you will notice is that 31 of the 37 counts alleged in the indictment are individual counts, one per document, specific to Statute 793(e) which pertains to defense department information.

There were, as claimed in the justice department prior court arguments, and again affirmed today in the indictment itself, 100 classified documents located by the FBI and DOJ after the Trump certification of compliance.  Of those 100 documents, 31 of them were specifically selected to represent the baseline for the 793(e) charge. Listen to Smith emphasize Defense and Defense Intelligence, and soon you will see why.  WATCH:

READ INDICTMENT HERE ~

Jack Smith is relying on 18 U.S. Code 793, a law created in 1948 intended to stop contractors to the Defense Dept from stealing, selling, or copying U.S. defense system secrets, or patents on defense products. [READ THE LAW] The premise of 31-counts [each an individual document] pertain to “National Defense Security.”  The subsequent six counts are predicated around the claimed 793(e) violations.

The DOJ is not, repeat NOT, arguing a classified documents case.  The entire legal framework is centered around documents they define as vital to the defense security of the United States.  EVERYTHING is predicated on this 18 U.S. Code § 793(e) violation:

18 U.S. Code § 793 (e) Whoever having unauthorized possession of, access to, or control over any document, writing, code book, signal book, sketch, photograph, photographic negative, blueprint, plan, map, model, instrument, appliance, or note relating to the national defense, or information relating to the national defense which information the possessor has reason to believe could be used to the injury of the United States or to the advantage of any foreign nation, willfully communicates, delivers, transmits or causes to be communicated, delivered, or transmitted, or attempts to communicate, deliver, transmit or cause to be communicated, delivered, or transmitted the same to any person not entitled to receive it, or willfully retains the same and fails to deliver it to the officer or employee of the United States entitled to receive it. 

Despite the verbose language in the indictment, a key element of Lawfare, the case is weak. The prosecutors know it. I will explain.

NOTE:  Sixty nine documents in a Deep State rabbit hole!  ~Sundance

30-Tons of Explosive Missing Domestically Highjacked


Armstrong Economics Blog/Civil Unrest Re-Posted May 21, 2023 by Martin Armstrong

The Great De-Dollarization


Armstrong Economics Blog/USD $ Re-Posted Apr 23, 2023 by Martin Armstrong

All we hear is the same claims that the dollar is dead and it will be totally worthless any day now. Over the last few weeks, all we hear from the majority now is that the dollar is finished. Virtually every page you turn or site you visit claims the death of the dollar. They are calling this the de-dollarization of the world economy and that the future of the US dollar as well as the American empire itself is now collapsing. The general claim is that the group of economically-aligned nations known collectively as BRICS is a major threat to the greenback. That was the same story we heard about the Euro back in 1997.

As their scenario goes, the BRICS [Brazil, Russia, India, China, and South Africa] have moved to form an anti-dollar colation and Saudi Arabia is considering jumping on board. They insist that once that happens, the “petrodollar” will die and cease to be a reserve currency.

This is then followed by the forecast that the economy will suffer and that any bounce in exports will be short-lived simply because the dollar will be dead for the long term. Of course, this has been the favorite forecast that they keep putting out since Bretton Woods collapsed. They were wrong back then for the dollar rose between 1972 and 1976 against the British pound, with the collapse of Bretton Woods. To try to explain why the dollar did not collapse, that is when they claimed that the dollar was backed now by oil rather than gold. That was just an excuse as always to cover up their wrong forecast.

They sold that story to Newsweek and now the dollar rally was because of oil which replace gold. Suddenly the dollar became de facto backed by oil. They needed an explanation to explain why all the old theories were wrong. They sold this theory and it made the front cover of Newsweek. Everyone said YES! That must be the reason. OPEC priced oil in dollars! Naturally, everything was priced in dollars because, under the fixed exchange rate of Bretton Woods, everything from wheat and corn to copper and gold was all priced in dollars.

Now they are saying the American empire is threatened by the potential commercial real estate collapse and the BRICS anti-dollar venture. So they are forecasting a great depression-style crash is possible in the not-too-distant future. They spin this to forecast the end of the America Empire. The London FT, always anti-American/Pro WEF, reports that the dollar as a reserve currency has declined from  73% in 2001 to around 55% by 2021. Yet the FT did state an obvious fact:

“But if you are a reserve-rich central bank elsewhere that isn’t going to be a lot of comfort. Moreover, would you really feel more comfortable in, say, the renminbi? Even if it was fully convertible and liquid, would you honestly feel more sure that Beijing will behave lawfully than DC? The dollar still looks like the proverbial least dirty shirt in the closet.”

COVID actually has played a major role in shifting the world economy. In 2020, the US economy was 24.75% of the world’s GDP. By the start of 2022, it had fallen marginally to 24.15%. What these dollar-forecasting jockeys do not understand, is that if they were correct and the dollar collapsed, then the very BRICS would collapse even further. Economically speaking, when the United States gets a head cold, the rest of the world catches ammonia. You can’t have it both ways. The strength of the dollar is not gold or oil, it is the American consumer.

The risk to the entire world is runaway inflation thanks to Biden pouring untold amounts of money into the black hole known as Ukraine. The Neocons, who control Biden, are planning to launch a war against Russia and China before 2024. This will only continue to accelerate inflation. That reduces the spending power of the American consumer and in the process, the US economic growth declines in real terms and with it, the rest of the world plunges into recession.

While Macron has figured it out that the Neocons are in charge of US foreign policy and he is telling Europe to stop being the puppet of the USA, that all sounds nice but Europe is marching into war with Russia. NATO is firmly in control of the American Neocons and they need war or face losing power. With Trump in the lead, they must stop him at all costs for he is anti-war, would haul the Neocons out by the necks, and defund NATO, as well as stop the climate change agenda.

The US dollar in the global economy has been supported by the size and strength of the US consumer-based economy. Its stability and openness to trade and capital flows without restrictions and it has never been canceled, are the major foundation of the dollar in addition to strong property rights and the rule of law. That is why Russians and Chinese buy US property for they are secure in their ownership of US property which cannot always be guaranteed outside the US.

Consequently, the depth and liquidity of US financial markets remain unmatched. For institutions parking billions, the United States represents a large supply of extremely safe dollar-denominated assets. Are they really going to switch to China or buy debt from Brazil?  Not a single institutional client will take that bait.

China has been divesting of dollar reserves because it KNOWS that the American Neocons want war. You do not fund your adversary who intends to wage war against you. China cannot shift reserve assets to Europe or Japan. They have been buying gold because it is geopolitically neutral territory. They are NOT buying gold as an investor thinking it will rally. That is irrelevant. If gold drops 25%, that does not translate into them becoming a seller.

The dollar in international reserves stood at 60+% at the start of 2022 against the US share of GDP at 24.25%. This comparison belittles the argument that the dollar is finished. Eventually, the US will lose the wars it is starting and the dollar will be replaced perhaps as soon as 2028. The IMF is already licking its lips and rubbing its hands together eager to get control of the reserve currency. But they too will collapse. We have a Directional Change next year and a Panic Cycle in 2025. So buckle up.!

Remember one thing, even with the debasement and collapse of the Roman Denarius between 260AD and 268AD, it still took 224 years for Rome to completely collapse. When war breaks out, capital flight will still be to the dollar. It will not be to public assets, but private. The United States is still supporting the entire world economy. The BRICS need the US consumer to keep their economies functioning. All this talk of the dollar being finished is really nonsense. That day will come, but when the US consumer no longer buys.

Remember 1997? The Euro was going to dethrone the dollar. They claimed the new EU will be a bigger economy than the US. The problem was, they lacked a consumer economy, and low taxes, and they routinely canceled their currency to force people to pay taxes. It is always the same story over and over again.

Cathay Bank Reveals Biden Crime Family’s Activities


Armstrong Economics Blog/Corruption Re-Posted Apr 17, 2023 by Martin Armstrong

The Biden crime family’s activities are coming to light after a bank with ties to China handed over records to Republican lawmakers. Senator Ron Johnson of Wisconsin and Senator Charles Grassley of Iowa reached out to numerous banks for information without luck. “We are investigating the domestic and international business dealings of President Biden’s son, Hunter Biden, and other Biden associates and family members to determine whether these activities compromise U.S. national security and President Biden’s ability to lead with impartiality,” they stated in a joint letter. Cathay Bank was the only bank that was willing to aid in the investigation.

Cathay Bank revealed that Rob Walker, a Biden family associated, received a $3 million payment from a Chinese firm. Walker distributed these funds to the Bidens the following day. The alleged payments were made to Hunter Biden for $610,692; the president’s brother James Biden for $360,000; Hunter’s mistress and wife of deceased son Beau, Hallie Biden, for $25,000; last of all, $70,000 was paid to an unknown Biden. Twelve additional transactions are currently under investigation.

The corruption began while Biden was Obama’s vice president. As indicated in the joint letter:

“The convergence of the Biden family’s political and business lives began during the Obama-Biden Administration. Obama Administration White House visitor logs show Hunter Biden’s business partner visited the White House at least 27 times during President Biden’s vice presidency. Hunter Biden’s business partner—Eric Schwerin—was later nominated for a position in the Obama-Biden Administration and handled then-Vice President Biden’s tax returns while he was in office and Schwerin was president of Rosemont Seneca Partners— another Hunter Biden-affiliated company. Republicans must track the dollars to uncover whether the current President himself benefitted from these transactions and whether the payments were from nations opposed to U.S. interests.”

Now-defunct CEFC China Energy, with direct ties to the Chinese Communist Party (CCP), wired $1 million to one of Hunter’s business ventures called Hudson West III. Northern International Capital Holdings, a CEFC associate, sent $5 million to Hudson West III. Hudson West III used the money to send $4.8 million to Owasco P.C. and Owasco LLC, and Lion Hall Group, owned by the president’s brother James Biden. Owasco P.C. sent over 20 wire transfer to Lion Hall Group. Hunter received a $500,000 a month retainer from Hunter West III on top of a $100,000 per month fee. I am assuming that is a lot of crack. James Biden received $65,000 per month.

Senator Johnson believes the CCP may have more dirt on the Biden’s and called this release a warning shot. “They willingly gave us the documents that backed up the Treasury records. Is that a Communist Party’s shot across President Biden’s bow? Listen, this is some of the information we have. If you don’t toe the line and do things that please us, we will release even more information,” stated Johnson. The House Oversight Committee needs to take this matter seriously. America’s national security is at risk if the sitting president is compromised.