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


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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


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

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

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

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

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

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

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

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

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

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

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

“I have been too fond of war.”

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

Russia Shoots Down US Drone, Escalating Fears of Hot War. Plus, David Sacks Argues SVB “Bailouts” Averted Financial Meltdown | SYSTEM UPDATE #55


By Glenn Greenwald Posted Originally on Rumble on Mar 14, 7:04 pm EDT

The Ukraine People Must Overthrow Zelensky to Save Their Country


Armstrong Economics Blog/Ukraine Re-Posted Mar 14, 2023 by Martin Armstrong

This is the former adviser to Zelensky, Alexey Arestovich, who quit in protest. He has publicly stated that “The west deceived Russia. They promised not to push NATO to the east, and they did. They turned Ukraine into a huge anti-Russian country. If I was in Russia’s shoes, I would have done the exact same thing.”

The West’s Neocons have exploited Ukraine to wage war against Russia, for the sole reason they hated Russia, and even with the fall of the USSR, they have never changed their views. They tried to stop Reagan from meeting Gorbachev. I found myself back in 1999 to seize control of Russia by having the bankers, led by Edmond Safra, blackmail Yeltsin to step down and hand Russia to the boy, Boris Berezovsky. They tried to get me to invest $10 billion into their Hermitage Capital Management. When I refused, even Boris tried to call me to persuade me to contribute to their cause. When I refused, Edmond stole $1 billion I had on deposit at his bank and the NY press supported the Neocons, as always.

Ironically, they began their manipulation of Ukraine in 2014. It was the Neocons, not the CIA with this plot. John McCain was there meeting even with the Neo-Nazis in public and promising the crowd that America will stand with them if they overthrow their government – Regime Change has always been their agenda. It has NEVER worked out even once – Vietnam, Iraq, Syria, Cuba, and Ukraine just to mention a few.

US Blows up NordStream Pipeline in Act of War


Armstrong Economics Blog/War Re-Posted Mar 12, 2023 by Martin Armstrong

The Neocons are in control of US Foreign Policy

The Debt Crisis – What Really Falls to Dust?


Armstrong Economics Blog/Sovereign Debt Crisis Re-Posted Mar 9, 2023 by Martin Armstrong

QUESTION: The sales pitch seems to be that there is this $2 quadrillion in global debt that overhangs everything. Paper assets, therefore, will all implode!  They seem to be saying that everything has risen due to this debt bubble and it was all created with Zero interest rates. Now that they are going up, the debt bubble will burst and everything will decline. The story seems to be that this decades-long Boom Bust cycle was created over and over by the Federal Reserve. 

This seems to be like you have said, they try to reduce everything to a single cause and effect.

What really happens?

PCJ

ANSWER: These people seem to keep preaching the same story but have no historical understanding whatsoever of how the monetary system has ever worked. Their focus on the Federal Reserve shows that they are not looking at the world economy and they do not even comprehend how bad things really are outside the United States.  They do not comprehend what is an interest rate. It is the compensation to a lender for his anticipation of inflation plus a profit. If I think the dollar will decline by 50%, why would I lend you dollars for a year if when you pay me back it buys half of what it did when I lent it to you?

Debt can be a performing asset. I advised many of the Takeover Boys during the 1980s. We would borrow in one currency to buy the asset in another using the computer to distinguish the long-term trends. I would not recommend that to someone just operating on a gut feeling.

We were also advising on real values, which Hollywood distorted and based the movie Wall Street with Michael Douglas and his famous speech on greed. What they did not really understand was that after a Public Wave that peaked in 1981, stocks were suppressed and the full-faith in government created the broadly supported bond market.  Hence – bonds were conservative and stocks were risky. There were two aspects that were behind the entire Takeover Boom.

First, I was showing these charts and how in terms of book value, the Dow Jones bottomed in 1977. It was obvious that if you could buy a company, sell its assets, and double or triple your money, then the market was obviously not overpriced. We had forecast that the Dow was undervalued and that it would rise from the 1982 low of 769.98 and test the 2500 level in two years in 1985. Indeed, it reached 2695.47 by September 1987. We also projected that by the next decade, the Dow would test 6,000 on its next rally.

Even the press in Japan was shocked. We were also projected that Crude would fall below $10 in 1998. Indeed, that forecast was covered by Mark Pitman at Bloomberg News. It bottomed at $10.65 in 1998. In gold would forecast that it would drop to test $250 by 1999 completing a 19-year cycle low. Then gold would rally to test 1,000. Gold reached the $1,000 level by 2008. The Japanese press thought those forecasts were wild, to say the least.

The SECOND aspect of our advice to the takeover boys of the ’80s was something the press NEVER understood. We would advise borrowing in one currency for an asset in another. We were able to turn debt into a performing asset. We would make 20-40% profit on the currency alone. Often, the press would just look at the debt and not understand what we were even doing.

Most of this reasoning stems from Sir Tomas Gresham’s observations when he represented England at the Amsterdam exchange during the reign of Henry VI’s reign and debasement. As Henry debased the silver coinage as was taking place in Spain, the more they debased the coinage, the higher the inflation took place. His observation that bad money drives out the good has been grossly misunderstood. When I was growing up, they took the silver out of the coinage in 1965.  People were culling out the silver showing that the debased new coinage of 1965 drove out of circulation the old silver coinage. The same thing has taken place with the copper pennings.

Because people hoard old coinage, the money supply shrinks. That then forces the government to issue far more debased coinage to compensate for the coinage that has been withdrawn from hoarding. Consequently, inflation unfolds for all tangible assets to rise in value as expressed in the newly debased coinage.

What these people always try to sell is the same old scenario that they cannot point to a single instance in history where everything collapses to dust but only gold survives. Such periods will typically result in revolution. When Caesar crossed the Rubicon, that was also all bout a debt crisis.

You must also understand that interest rates will be at their LOWEST internationally in the core economy of the Financial Capital of the World – which is the USA right now. The further you move from the center, the higher the interest rate will be. Hence, I have warned that the United States will be the LAST to fall – never the first. This is not based upon my opinion, this is simply historical fact.

We have interest rates back to 3000 BC and have studied the impact of such convulsions in economic history. As for the Debt Crisis that forced Caesar to cross the Rubicon, I suggest you read Anatomy of a Debt Crisis that appears, only Julius Caesar ever understood. 

The Bottom Line is very simple. There is just no such period as people describe where everything turns to dust and only gold survives. Even if that were true, they what good would the gold do if everything else is worth ZERO? Gold would have also ZERO value since nothing would have value.

The real issue is that as government defaults unfold, tangible assets will rise in value for the amount of money in debt always dwarfs that in even the stock market. We are in a Sovereign Debt Crisis and that is very different from a private debt crisis.

Robert Kagan-ovich of Russia


Armstrong Economics Blog/Neocons Re-Posted Mar 8, 2023 by Martin Armstrong

COMMENT: Lazar Kagan-ovich, Starved 6 million people in Ukraine and was the great-grandfather of Robert Kagan, the name came up at ancestry.com.
It’s my suspicion, and I thought I would pass that on, I searched this when you wrote the article about the movie of the NYT journalist in Russia. in the 1930s
I read the article today about Victoria Nuland-men
Thanks for your work been following me for almost 10yrs.

RM

REPLY: I can’t confirm that Lazar Kagan-ovich’s offspring include Robert Kagan. I do find it ironic that he was the architect of starving Ukraine and Stalin’s right-hand man. What I find curious is that Lazar Kagan-ovich was born by Kiev and was Ukrainian by heritage. Stalin was Georgian. The Ukrainians hate Russians yet it is ironic that the architect of the starvation of Ukraine came from there. Even Wikipedia states:

“Kaganovich (together with Vyacheslav Molotov) participated with the All-Ukrainian Party Conference of 1930 and were given the task of implementation of the collectivization policy that influenced the 1932–33 famine (known as the Holodomor in Ukraine).”

His father died by the time he was two and his mother left Lithuania and migrated to the USA. Beyond that, only the name links him to the notorious Lazar Kaganovich. The blank slate is curious. The 1569 Union of Lublin created the Polish–Lithuanian Commonwealth that lasted until 1795. The final Partition of Poland ended both independent Lithuania and Poland. Thereafter, Lithuanians lived under the rule of the Russian Empire until the 20th century. Therefore, as Lazar came from Ukraine, his father was perhaps in Lithuania and was also Russian at that time. The Washington Post wrote of his father:

“Like fellow neoconservatives such as Irving Kristol and Norman Podhoretz, he was a Democrat in his youth who turned right in response to the cultural and political upheavals in the 1960s. “

If Robert is connected to Lazar Kaganovich, it certainly would explain his hatred of Russia as well. I cannot confirm such a link. Yet, he too is linked to Russia.

Ukrainian Military Dissent Against Zelensky


Armstrong Economics Blog/Uncategorized Re-Posted Mar 8, 2023 by Martin Armstrong

Our sources in Ukraine, not Russia, are warning of serious dissent building against Zelensky. He is a high-heel actor who has been playing a confidence game. He is by no means a military leader and the Ukrainian Military is at its ends with him. The Ukrainian General Valery Zaluzhny, is having a serious conflict with Zelensky. Even others have come out and commented to the German newspaper, the Bild, that the General called for a withdrawal from the Donbas city weeks ago, but Zelensky orders his men to die all for his endless PR campaign to pretend that Ukraine is winning.

The General told Zelensky to withdraw from Bakhmut. But Zelensky pretends for PR that it is a fortress despite the fact that it has been cut off and completely;y surrounded with only one road available for possible evacuation and Zelensky refuses to withdraw. Even the Biden Administration has been urging Zelensky to pull out and focus on preparing a major counteroffensive for the spring. Yet, Zelensky fears admitting publicly a defeat that would hurt the billions flowing into Ukraine. This was part of the Ukrainian defense line that they created when Kiev began its invasion of the Donbas in 2014 on their claimed Anti-Terrorist offensive to kill all Russians and deny them any right to separate seeking their independence in the 2014 Revolution.

Even those speaking to the Bild expressed deep concern that they “do not understand why the city is being held” and believe they should have withdrawn a long time ago. Zelensky proclaims that his Ukrainian forces would defend Bakhmut as long as it “remains reasonable” to do so.

Our sources are clearly saying that Zelensky is losing support and if anyone will becomes the next President it will be General Zaluzhny.