Musk v Gates


Armstrong Economics Blog/Humor Re-Posted Apr 26, 2022 by Martin Armstrong

Elon Musk destroyed Bill Gates over the weekend after texts between the two were leaked to the press. This may be the first time someone has put Bill Gates in his place and publicly shamed him for his hypocrisy. Per usual, Gates had his hand out looking to “discuss philanthropy possibilities” with a fellow billionaire. “Cool.” Musk replied. “Do you still have a half billion dollar short position against Tesla?”

Gates said he simply forgot to close his position out, and then mentioned “philanthropy possibilities” again. Musk told him to kick rocks. “Sorry, but I cannot take your philanthropy on climate change seriously when you have a massive, short position against Tesla, the company doing the most to solve climate change.”

Doubling down on his anger toward Gates for a multitude of reasons, Musk began tweeting comedic representations of untouchable Bill. An unapologetic Musk compared an image of the Microsoft founder with the new Apple emoji of a pregnant man. The insult was a subtle nod to the insanity of woke culture that Gates is supporting through funding. From the vaccines to unexplainable meetings with Jeffrey Epstein followed by an immediate divorce, Bill Gates is rapidly losing his good-guy image.

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.

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:

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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.

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.

Jen Psaki asked if White House Feels any Responsibility for Border Death of National Guardsman Bishop Evans, Responds Well, He Wasn’t Working for us


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

The Biden administration has created a crisis at the U.S-Mexico border by enticing migrants, removing the remain in Mexico policy, and doing nothing to stop the massive influx of illegal aliens.

When asked if the White House feels any responsibility for the death of National Guardsman Bishop Evans, who drowned while attempting to rescue two drug smugglers, a callous, cold and dismissive Jen Psaki says:

...”I would note that the National Guard worked for the states, and so he is an employee of the Tex- — Texas National Guard, and his efforts and his operation were directed by there, not by the federal government, in this — in this effort, in this apparatus.”

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The level of callousness in this response is sickening.  Bishop Evans would never have been in that situation if it wasn’t for the specific ideological policies creating unlawfully open borders by the Biden administration.

Elon Musk Successful Deal to Purchase Twitter for $44 Billion Likely to be Announced After Stock Market Close at 4pm Today


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

According to multiple media sources Twitter has reached a deal with the representatives of Elon Musk for the tech billionaire to purchase the social media company.  According to the Wall Street Journal, over the weekend the outlines of the deal were agreed and last night the final assembly of the purchase came together.

Keep in mind that Twitter is slated to report first-quarter earnings this Thursday, and originally the board was going to wait until after that earnings announcement to respond to the bid.

Something changed.

My suspicion is the financials of the Q1 earnings report will not support the $54.20 high end evaluation offer originally proposed by Musk.

If the low Q1 earnings rumors are accurate; and if Twitter had declined or fought the offer; the board would have been in the position of declining a deal that was substantially higher than the company market value, a tenuous position legally.   Thus, a deal was made.

(Wall Street Journal, update) – “Twitter is in advanced discussions to sell itself to Elon Musk and could finalize a deal Monday, people familiar with the matter said, days after the billionaire unveiled his $43 billion bid for the company.

The two sides worked through the night to hash out a deal that would be valued at $54.20 a share, or $44 billion, the people said. Assuming there isn’t a last-minute snag, the deal is expected to be announced after the market closes Monday, if not sooner.

It’s not clear why the total value of the deal has increased slightly from prior expectations, but it could be related to an updated share count.” (link)

Elon Musk responded to the rumors of the finalized deal with a tweet earlier this afternoon: “I hope that even my worst critics remain on Twitter, because that is what free speech means.”

Meanwhile, the professional political leftists who use the platform are having a complete mental breakdown.  Thousands of them are promising to leave Twitter and find a safe place if the deal goes through.

As CTH has continued to evaluate this entire scenario, the internal tech architecture is the aspect that is the most interesting.   As this develops there is a great deal of interest into not just the controlled speech system that Twitter background operators have assembled, but also what underlying tech systems on the platform are connected to the public-private partnership.

We know there is a connection between the U.S. government and Twitter….  the question is, how is all of that being operated?

Ukraine Asks for Billions More to Support Their Budget and Social Responsibilities for Ukrainian People


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

The government of Ukraine is asking western nations to fund their budget.  Volodymyr Zelenskyy has asked for $7 billion per month in financial assistance to retain their government obligations.  Yesterday, Ukraine Prime Minister Denys Shmyhal reiterated that demand saying, “the cash, in sense of our budget, is very important for social and humanitarian responsibilities of our state to our people.”

l am not wanting to belabor a point that many have discussed here, but there really does come a time when the American people must draw a red line and ask, ‘to what end?‘  The United States government, both the white house and congress, have already pledged $14 billion dollars to Ukraine without a single representative asking the American people if they support it.

Certainly, there is an argument to be made that Ukraine needs the support of the world as they struggle with a conflict in their nation.  However, charity begins at home, and for too long our national leadership has been willing to use our income taxes as tools for their own political agenda.  The brazen expectation by leaders of Ukraine for the United States citizens to finance their government is, in my opinion, the last straw of a series of straws.

The issue would not be so significant if that request was not also accompanied by the visibility of western European nations, supposedly NATO allies, barely spending any money of their own wealth to assist their direct neighbor.  The U.S. financial support is ridiculous when compared to how Europe is responding to the Ukraine crisis.

Compounding this issue is our own American economy and the serious pain being felt by American workers and taxpayers as the spending creates even more massive inflation that we have to cope with.   We gained national independence around the premise of taxation without representation from England, and yet here we are again sending scarce income, without consultation or representation, to DC elites who send that money overseas.

(CBS) – […] MARGARET BRENNAN: But, specifically, is it medical supplies you need most? Is it heavy weapons? Is it just cash?

PRIME MINISTER DENYS SHMYHAL: We need weapon, medical support. But many countries support us because they take our injured soldiers.  The cash, in sense of our budget, is very important for social and humanitarian responsibilities of our state to our people.

MARGARET BRENNAN: And that’s $4 billion to $5 billion a month Ukraine needs?

(read more)

Where is the social and humanitarian consideration for our own people. The American people?

The Ukraine government request/demand is just so matter-of-factly stated as if it’s just another day in the life of a group of people who have no concept they are discussing the distribution of your earnings.   They don’t even have the mental association or reference point for who and what the golden goose is that creates the baseline for them to even talk about it.

The American taxpayer is reduced to some weird, disconnected entity that was scraped from their loafer as they entered the boardroom.

At gas stations across the nation, people in real economic pain, psychologically draining and worrying anxiety, are pulling out thirty bucks to put a few gallons of gas to get them to their job where what?….

…Where they are expected to use their calloused hands to generate the payments for Ukrainian government officials to spend on their “social responsibilities of the state?”…  Think about that the next time we set down the hamburger meat at the supermarket because it costs too much, or we try and figure out how to make the kids shoes last just a few months longer.

The level of rage this geopolitical disconnect is creating is entirely unsustainable.

Americans generally do not like being angry, we are the most charitable and kind people in the history of all assembled nations on this planet, but this level of being taken for granted needs to come to an end, AND SOON.

I don’t know about everyone who reads this, but the people around me are more than a little sick of this nonsense.

Major Riots Against Macron Throughout France Over Questionable Election


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

There are major riots in just about every city in France over the validity of the election.  Police are breaking up protests by using teargas on civilians. The youth especially are protesting for Macron wants to create an EU army and that will inevitably lead to drafts.

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.

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.