Category U. S. Build Back Better

Apr 26 2022

Answering Your Questions


Armstrong Economics Blog/Q&A Re-Posted Apr 26, 2022 by Martin Armstrong

QUESTION: Mr. Armstrong. I am confused because you have stated many times that we are approaching the end of globalization, while at the same time saying the Great Reset, which is full globalization, is coming. Please explain. Thanks for your blog.

JS

ANSWER: Schwab’s Great Reset is the ATTEMPT to create a one-world government. Nonetheless, this will fail. These idiots actually thought that they could force regime change in both Russia and China and then they would open their arms and embrace this one-world government dream of Schwab.

The reality is that capital investing internationally is now at risk from both illegal assets seizures as the West has done to people who are just Russian as well as currency fluctuations due to geopolitical posturing. What the West has done to Russians has crossed the line. Now any other country that simply disagrees with a country can point to this precedent and seize all the assets of private citizens. On top of that, SWIFT abandoned its integrity and has shown the world it is simply a political tool. This has set China in full steam ahead mode to replace SWIFT thereby ENDING the Globalization of the world financial markets.

QUESTION: Marty, your forecast for the collapse of the British pound is looking more and more on target. I cannot believe that Johnson has sent special forces into Ukraine and even threatened to use nuclear weapons against Russia as a rogue state outside of NATO. Putin’s response that London will be the first to go in a nuclear war is actually understandable since Johnson has committed British special forces to war in Ukraine. What’s the timing on the fate of the UK?

SG

ANSWER: Nothing indicates that London will be nuked in the near term. Johnson has totally lost his mind. Russia would now be completely justified in assuming Britain has just declared war on Russia and as such seize all British assets in Russia. The failure of the FTSE to exceed the 2018 high warns that the decline is in motion but the low may not be until 2032. There is clearly a rise in volatility and a Directional Change next year. As far as the pound is concerned, this year was a Directional change and it has broken last year’s low. A break of the par level opens the dollar to a collapse down to the mid 80 cent level. This most likely reflects the prospect of a European war.

QUESTION: Dear Martin,
as the disaster in Europe is unfolding I would like to ask what Socrates is predicting for Switzerland and the Swiss Franc.
Could Switzerland be a place to hide? And could the Swiss Franc serve as a hedge against the fall of the Euro?
Could you please share your insights with us? We the normal people in Germany are really desperate for help! And time is running out!
Best
LL

ANSWER: Here is a chart of the Swiss franc long-term. The dollar is pushing higher and it will rise to test the 12300 level. Exceed that area will also war which is confirming we are looking at a European war. The Swiss will NOT be the hedge it once was. The New York Times just reported: “Switzerland, a favorite destination for Russian oligarchs and their money, announced on Monday that it would freeze Russian financial assets in the country, setting aside a deeply rooted tradition of neutrality to join the European Union and a growing number of nations seeking to penalize Russia for the invasion of Ukraine.”

It is just amazing to me that no matter what country we look at, we have the absolute most braindead leaders ever to claim office in human history. I know people hate the dollar, but we will see the dollar RISE initially in this confrontation. Eventually, the collapse in world currencies and the rise in the dollar will be the catalyst to seize all capital and force it into a digital currency.

When we look at the currencies around the globe, they are all confirming that war lies on the horizon. I hate this forecast, but this is not my personal opinion. This is when we need Will Smith to bitch-slap all the leaders. Honestly, there is not a single one who is competent. They are all just carrying out the advice of those behind the curtain who simply want war.

QUESTION: Marty,

Have you by chance retrospectively looked back at all the currency changes that have been made concerning the acceptance of other currencies in place of the dollar from the ECM turning point? All the deals that have been cut……

If I am not mistaken there are quite a few significant changes that have been made in the past month+ to circumvent the dollar’s hegemony in global trade….and If my memory serves, there was a BIG event that day or 1 day before or after that started the ball rolling

Can you by chance put together a list? It would be very helpful to see it in date order in black and white.

I think this was the MAJOR TURNING POINT that Socrates picked up…and will become more noticeable with each passing month

RW

ANSWER: There was a major shift in the trend for the dollar despite the fact that people thought it would crash based on shifts in trade to the Yuan. When we look at most, we see this shift in trend took place the week of the ECM turning point of March 14th. The Euro bounced and that was the highest weekly closing because it turned back down.

When we turn to the Yuan, despite the rhetoric, the dollar has risen even with the deals surrounding the yuan being priced in oil and some central banks adding it to their reserves. One would expect the dollar to decline, not rally. However, the markets are showing something else ios at foot.

Now if you really want your mind twisted, here is the chart of the Russian Ruble. The week of March 14th saw a reversal in trend, but it was not the crash of the Ruble, but the dollar.

All the markets we look at are lining up for what appears to be a war on the horizon. Look at gold. Here too we see the week of March 14th marked the shift in trend to the downside.

The markets are defying those who keep preaching the dollars down. It seems no matter what they say, they just end up being wrong again. The only possible way to see the trend is through the global eyes of Socrates without personal biases and assumed economic relationships.

Apr 26 2022

Tucker Carlson Gives His Perspective on Musk Successfully Purchasing Twitter Platform


Posted originally on the conservative tree house on April 25, 2022

There is an angle to this move which looms.  If the doomsday predictions of Twitter’s Thursday anticipated first quarter financial earnings are correct, it is entirely possible that Musk is about to take a massive financial hit.

Some, including myself, who understand the financial black hole that Twitter’s business model represents, have suspicions that Twitter may be hung around Musk’s neck like a millstone as he’s thrown into the deep state sea of social media.  It will be interesting to see how quickly Musk responds to those Q1 financials.  [NOTE: I foresee be a small user fee in the future]

News Release – “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” said Mr. Musk. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”

Tucker Carlson outlined the political ramifications surrounding breaking one of the big social media platforms away from the deep state control agents. WATCH:

.

President Donald Trump will not be returning to Twitter, he is sticking with TruthSocial which is nearing completion.  “I am not going on Twitter, I am going to stay on TRUTH,” Trump told Fox News. “I hope Elon buys Twitter because he’ll make improvements to it and he is a good man, but I am going to be staying on TRUTH.”

There are a lot of downstream ramifications that have yet to surface as a result of the Musk-Twitter purchase.  Will users find out what the rules are for the specific network containers they have been assigned to?  Will the scale of simultaneous user data-processing be made public along with the algorithms that Twitter uses once you have been given a specific container assignment?

There is opportunity for much more understanding of how the social media platforms operate just by permitting increased transparency.   There’s a possibility once the container assignment process is made public, people will then start to inquire about Facebook, Instagram, YouTube and other Big Tech platform processes that divide people based on arbitrarily determined viewpoints.

Most social media users do not understand the technology behind the platform they are using, although a greater awareness is ongoing.

It is deep inside that technology that government and social media intersect, and as people get closer and closer to that intersection, there will be reactions from the intelligence operators.  The public-private partnership is not codified anywhere, there is no rulebook or record keeping that will assist anyone to understand what the current process is.

Everything up to now has been easy for the tech Oligarchs to continue because no one knows how it works.  Each social media system knows the larger objective so little communication between them is needed.  However, just like Poland in the 1980’s, once people take to the open cyber streets and start to realize the scale of likeminded crowds around them, the ‘there are more of us than them‘ awakening, there is a risk the platform operators will lose control.

Joyful people being ungovernable is a worst-case scenario for Washington DC.

The Fourth Branch of Government will demand legislation to prevent on-line liberty.

We are living in a time of great consequence.

It will be interesting to see how much pain this pebble in the deep state shoe creates.

Their ‘pain‘ is our freedom.

Apr 26 2022

Federal Judge Issues Temporary Injunction Keeping Title 42 Immigration Rule in Place Pending Further Court Action


Posted originally on the conservative tree house on April 25, 2022 | sundance 

U.S. District Judge Robert Summerhays has agreed to issue a temporary restraining order [pdf ruling link] blocking the administration’s planned May 23 lifting of the CDC immigration rule known as Title 42.

(MSM) – […] The judge said he agreed to issue the restraining order after holding an online status conference on Monday between lawyers for the states and the Centers for Disease Control and Prevention.

The details of the order, however, remained unclear — the notice said attorneys for the two sides “will confer regarding the specific terms to be contained” in the order “and attempt to reach agreement.” (more)

NBC is reporting that more than 170,000 illegal aliens, most not from Mexico, are waiting on the other side of the U.S. border for Title 42 to be lifted.

Apr 25 2022

Should Russian Oligarchs Fund Ukraine?


Armstrong Economics Blog/War Re-Posted Apr 25, 2022 by Martin Armstrong

As the war in Ukraine continues, so does the need for funding. Zelensky’s people are now asking for $7 billion in funding per month. The World Bank estimates that it will cost $60 billion to rebuild Ukraine’s infrastructure and the war is still ongoing. Managing Director of the IMF Kristalina Georgieva said they secured the $7 billion in funding for two months already with funds from other nations. Who will pay for the rest?

The $60 billion estimate is over three times the amount of Ukraine’s GDP. They could never recover on their own. Some would like to use the forfeited assets of Russian oligarchs to fund the war. US Treasury Secretary Yellen warned that doing so would be a “significant step” that would require careful consideration among nations. This yet again brings NATO members one step closer to fully entering the war.

Former hedge fund manager Bill Browder, who has advocated freezing oligarch’s funds, also once warned long ago not to tamper with the oligarch’s funds after seeing their retribution firsthand. “You don’t want to take [the oligarchs’] money because if you lose it, they’ll kill you,” Browder stated. Hedge funds are now required to freeze the assets of Russian oligarchs but have not received direct advice on how to manage those frozen assets. This leaves funds open to future lawsuits if not violence if the sanctions are ever lifted. Some are pointing to the hedge funds and private management companies for collecting the money in the first place, regardless of whether it was earned in a perfectly legal manner.

For all intents and purposes, the people who lost their life savings are mostly private citizens who have been a victim of circumstance. They did not fund Russia’s invasion. This could be considered an act of war by Russia for it would certainly be a complete violation of international law. Using assets seized by private citizens to fund a war opens the door to a new form of warfare that will only cause people to refrain from investing in countries that allow this to go on. Welcome to the total collapse of globalization. We are staring into the eyes of a Great Depression that would make the 1930s look like a dress rehearsal.

Georgia confiscated the property of people who supported the king during the American Revolution. Because of that, Georgia remains one of the poorest states for it took over 100 years before capital began to return to Georgia.

Apr 25 2022

Rhode Island Lawmakers Propose Doubling Taxes for Parents of Unvaccinated Children


Armstrong Economics Blog/Uncategorized Re-Posted Apr 25, 2022 by Martin Armstrong

Democrats in Rhode Island have prepared legislation that could double taxes for parents of unvaccinated children. Senator Sam Bell, who is championing the bill, claims that there is a need for a universal mandate. Under the proposed law, unvaccinated residents would face a $50 monthly fine for noncompliance. Employers would also be required to mandate vaccines for all employees or face a $5,000 fine per violation. The biggest burden – “Any person who violates this chapter shall be required to pay a monthly civil penalty of fifty dollars ($50.00) and shall owe TWICE THE AMOUNT OF PERSONAL INCOME TAXES.”

To receive an exemption for a minor, three separate doctors must confirm that the child is “not fit for immunization.” Then the state would need to investigate each claim and determine whether or not the parents should be financially ruined. So even if three different doctors say that a child should not be vaccinated, the state may override them.

Biden lost his bid to implement a federal vaccine for employers last year, but the battle is not over. State lawmakers still have the capabilities to force compliance through any means possible. Bell wants to make the state of Rhode Island unlivable for the unvaccinated. While this is unlikely to pass, the fact that they are still attempting to force vaccinations in April 2022 shows that the war on medical freedom has not ceased.

Apr 25 2022

Israel Added Yuan to Reserve Currency Portfolio


Armstrong Economics Blog/China Re-Posted Apr 25, 2022 by Martin Armstrong

Israel has now moved to add the Chinese yuan to its reserve currency portfolio, which will create a natural hedge against the risk of insanity pushing for war by the United States and Europe. Adding the yuan to the reserve portfolio will automatically reduce the exposure to the dollar and especially to the euro, thereby creating a natural hedge, whereas a decline in the dollar and euro would imply a rise in the yuan and even the ruble.

The Middle East is divided and Zelensky pretends to be the Jewish hero, yet before the war, at the United Nations, Zelensky maintained a firm anti-Israel position. In 2020 alone, he voted for Ukraine affirming UN resolutions condemning the Israeli “occupation” of Judea and Samaria. He also opposed the Israeli “occupation” of Jerusalem and the Israeli “occupation” of “the occupied Syrian Golan.” After the war began, he suddenly became Jewish, asking for money and equating the Russian invasion to the Holocaust. Then Zelensky has the audacity to criticize Israel for not sending more money to his personal piggy bank. He tells everyone that World War III has already begun so, therefore, send all your money to him in Ukraine – no refunds accepted.

Zelensky is a fraud, and he was as corrupt as the rest of the lot in Ukraine. Corruption in Ukraine is certainly in the top 5 in the world. I was told that you MUST pay bribes and if you do not pay them to the right people, they will still retaliate against you. NEVER send money to Ukraine. It is as bad as all the fraud from Africa with people claiming they have millions and nobody to leave it to. He knows how to act always appearing in an army T-shirt and unshaven to pretend he is roughing it.

Zelensky had stashed $15 million in offshore accounts and that was before the war (See Gravitas). The rumor is his target is to stash at least $100 million now demanding $7 billion per month from the West. He has NO incentive to end the conflict and will not seek peace and as long as he is filling his pockets. What Zelensky has actually done is putting Israel at risk, for now, even Egypt has turned to Russia and is holding joint military exercises. The old Arab states that were against Israel in previous wars are now aligning with Russia as the US appears to be using Zelensky as its proxy to start a war with Russia. This is now turning up the heat for World War III to also engulf the Middle East.

It is curious that the United States’ closest ally in the Middle East, Israel, which pours dollars into the finances of the Jewish state on an annual basis, has realized that there is a risk to having only dollars and euros. Economically, Israel appears to have been awakened to the reality that the Neocons have divided the world economy and the sanctions on Russia will NEVER be removed, resulting in the total destruction of the world economy and the end of globalization. Including the yuan in their reserve currency portfolio is an acknowledgment that the Biden Administration has in fact destroyed the world economy as we have known it.

The Chinese yuan in Israel’s reserves at the central bank is just the beginning of a major change in the monetary distribution of its reserves since the collapse of Bretton Woods. Israel added the Chinese yuan, along with other currencies creating a natural hedge. Their reserves include the US dollar, the euro, and the British pound but will also include the Canadian and Australian dollars, the Japanese yen, and the Chinese yuan.

The Israel Monetary Commission has added the pound and yen, which will represent 5%, and the currencies of Canada and Australia will have 3.5% each. The yuan will be set at 2% of the portfolio. This shift has resulted in the decline of the euro’s share falling to 20%, declining from 30%+, while the dollar is declining to 61% from 66.5%. While the headlines talk about the dollar declining, they generally do not reporting the most drastic decline was in the euro which was over 33%. The British pound weight, on the other hand, almost doubled to 5%, returning to the level it last saw in 2011.

Likewise, Saudi Arabia agreed to price oil also in yuan as it is in a Petroleum Alliance with China-Russia. It should be noted that the change coincided with the Russian invasion of Ukraine and the Western sanctions on Russia. They have come to realize that the Biden Administration has singlehandedly destroyed the world economy rendering SWIFT to be just a political tool undermining its integrity. This has led China to push its alternative system that our model warns will eventually supersede SWIFT post-2032. Obviously, Israel has seen the handwriting on the wall and is attempting to gradually become independent of the SWIFT system itself.

The International Monetary Fund has also warned that the sanctions on Russia are undermining the dollar’s share of total world foreign exchange reserves which is rapidly falling to its lowest point in two decades as we are witnessing the rise of the Chinese yuan.

Apr 25 2022

Before Obama’s Neocon War on Russia


Armstrong Economics Blog/Russia Re-Posted Apr 24, 2022 by Martin Armstrong

Before Obama started the New Cold War against Russia following Hillary’s failed attempt to take over Russia by interfering in the 2000 election, the world was much safer before all of this Neocon nonsense began when Obama came to power in 2008. Ever since then, Hillary, a staunch Neocon, did everything in her power to destroy the relations between the United States and Russia.

Apr 25 2022

Comrades, Another Coded Message Transmitted from the Rebel Alliance, Intellectual Froglegs Spring Edition


Posted originally on the conservative tree house on April 25, 2022 

Comrades, the dissident messenger known as Joe Dan Gorman has surfaced again, just long enough to transmit another Tokyo Rose’ broadcast in a coded frequency only receivable by patriots with a funny bone.  This natural coded messaging ensures communists and leftists are incapable of receiving it.

This spring edition comes from deep in the underground bunker of the Rebel Alliance.  Pull out those super-secret decoder rings, and enjoy the transmission before the deep state satellite interception trucks show up on your driveway…

{Direct Rumble Link Here} – {Website Here}

.

We, the free-thinking American people, are now intellectual dissidents in our own country.  Comrade rebels, don’t forget to eat this broadcast after sharing.

Apr 25 2022

Dinesh D’Souza Releases Expanded Preview Trailer for 2000 Mules, The Ballot Harvesting Story of the 2020 Election


Posted originally on the conservative tree house on April 24, 2022 | Sundance

Dinesh D’Souza has released an expanded trailer for the upcoming release: “Here’s the official trailer for “2000 Mules.” It’s the movie we’ve all been waiting for. Please share! And go to 2000Mules.com to buy your ticket to see the movie in its premiere week.”

The movie documentary showing how the 2020 election was manipulated through the use of mail in ballots will be released in select theaters May 2nd and May 4th, virtual premier May 7th and released on-line May 8th.  WATCH:

.

Apr 25 2022

Sunday Talks, Interventionist Marie Yovanovitch Admits If Trump Won Election, Putin Would Never Have Invaded Ukraine


Posted originally on the conservative tree house on April 24, 2022 | Sundance 

This interview is gag-worthy as two condescending leftists wax philosophically about how progressive U.S. foreign policy should dictate global society.  However, it does show just how flawed the ideology of the interventionist political leftists has become, and why their expansionist ideology always culminates in conflict.

Example: Right now, China is threatening to put military bases in the Solomon Islands.  Australia and the collective west are aghast and ready to draw “red lines.”  At the same time the U.S/NATO put military forces ever closer to Russia and are shocked that Putin would eventually respond to the red lines he previously drew.  The geopolitical hypocrisy is ridiculous.

That hypocritical example above highlights the ironic point made in an interview between Margaret Hoover and former US Ambassador to Ukraine Marie Yovanovitch as they discuss President Trump.

If Trump had won reelection, there was no reason for Putin to invade Ukraine because Donald Trump was not trying to expand pressure on Russia or any other foreign government.  Yovanovitch admits directly that Trump foreign policy did not create conflict; yet, Yovanovitch pretends not to see the cause and effect in her leftist intervention advocacy.  WATCH (prompted to 14:42):