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Sep 6 2021

China v USA


Armstrong Economics Blog/China Re-Posted Sep 6, 2021 by Martin Armstrong

The new report on the origins of COVID will point the finger at a lab leak in Wuhan. China is getting its back up and warning this will only lead to racism in the United States. I fully agree with China, but I ADVISE that they investigate further. There was most likely a lab leak, but based on all the information I have, it was known at least from November 2019. I still maintain that this was no accident, and if we follow the money, we will see the real source and who was behind framing China.

If China actually deliberately released this on their own to disrupt the economy of the West, they certainly would have done so in North Carolina or Germany and then blamed them. You would not release it in your own country. Then there is no way China would have expected the West to completely quarantine the entire nation. You quarantine only the sick. Locking down the nation is tyranny. That has never been done in 6,000 years – not even the Communists did that.

This entire affair is becoming absurd trying to blame countries. It appears that this entire COVID was crafted to create international discord in hopes of forcing China and Russia to surrender their sovereignty to the Great Rest and the United Nations. Something just does not smell right here.

This is like trying to discredit a witness by asking him when was the last time he beat his wife. The topic is then all about such an event, which he will deny. If he tries to call his wife to testify he never touched her, the prosecutor will simply say, “Of course, she will say he never touched her for fear he will beat her again.” It is a no-win scenario. This is what they have done to China, and the only way out is not to claim racism or prejudice but to investigate your accusor. This was NOT the US government, but private sources that are benefiting from this entire COVID scam.

On December 30, Li Wenliang, a doctor outside of the Wuhan lab, died of COVID after treating people there who had contracted it from a local seafood market. CNN immediately painted him as being silenced and then claimed that COVID would have been under control had he not been silenced.

In a letter to the journal of Science, David Relman, a microbiologist at Stanford University, wrote, “This has nothing to do with fault or guilt.” Indeed, this May 2021 letter in the journal Science, signed by 18 scientists, called for a transparent investigation into all viable scenarios, which included the lab leak theory. The letter urged labs and health agencies to open their records to the public. “It’s just bigger than anyone [sic] scientist or institute or any one country — anybody anywhere who has data of this sort needs to put it out there,” Dr. Relman stated.

The World Health Organization, funded in large part by Bill Gates, immediately exonerated the lab. A US intelligence report identified three researchers at a Wuhan lab who sought treatment at a hospital after falling ill in November 2019. The Gates Foundation first bought a position in BioNTech, maker of vaccines, in September 2019. This was just two months ahead of the announcement that COVID was released in Wuhan in December 2019.

Our computer began picking up unusual movements in capital flow in August 2019. That unfolded as the Repo Crisis, where suddenly US banks were unwilling to lend to European banks overnight, forcing the Federal Reserve to step in and become a market-maker. I stood up at our World Economic Conference in 2019 to announce something strange was unfolding in the capital flows that began in August. Indeed, the market peaked on time, the crash was more akin to the Long-Term Capital Management (LTCM) Crisis, and 2020 ended up producing a low from which we have swung back up to new highs, as was the case coming out of the LTCM Crisis.

Something is seriously wrong, and this is what our computer has been picking up. Fauci’s hidden emails, which the Biden Administration refuses to release, stated plainly that from the outset that this virus appears to have been “engineered,” which leaves simply two conclusions:

  1. Was it taken to the Wuhan lab and deliberately released?
  2. Was it taken to Wuhan and deliberately released so they would create a conflict between the West & China?

I do not believe this was pulled off by the US military, nor do I think this was deliberately leaked by China. Had this been a scheme of China, they would have leaked it to the USA, Britain, or Germany and blamed them. There is a PRIVATE organization behind this scam, and until we stop pointing fingers at governments, we will NEVER find the truth. It always comes down, even in a murder mystery or who-done-it film, to who had the motive.

Sep 5 2021

Irony, Biden Administration Being Called Out By Health Officials for Political Booster Shots That Do Not Follow Science


Posted originally on the conservative tree house September 4, 2021 | Sundance | 222 Comments

The politics of COVID-19 are becoming too obvious.  Joe Biden’s approval ratings are collapsing.  In response, the White House messaging team, led by Chief of Staff Ron Klain, has dropped back to the value of COVID fear and started promoting the need for multiple booster shots; or else.   There appears to be a pattern, as the same political messaging group behind California Governor Gavin Newsom are promoting the same approach. However, they have a problem.

The Democrat reliance on the COVID fear as a political tool is wearing off; perhaps the panic has an expiration date, or perhaps people are starting to realize the politics of manipulated COVID messaging is just that, ‘political messaging’.  The vaccine results from Israel undercut the U.S. vaccine narrative; simultaneously, the open-society results from Sweden show how society can function without chasing endless mitigation efforts (ie masks) that provide no benefit.

Many Americans are absorbing all the information available on a daily basis and appear to be seeing-through the ever-evolving, ever-changing, ever-contradictory, non-scientific COVID dictates. Yes, there is a virus; but also, these government directed solutions are delivering worse outcomes than the virus itself.

As a result of growing public cynicism, health officials inside the administration are attempting to retain what little remains of their own crumbling credibility.   Health officials inside the administration are now pushing back against the White House direction to promote never-ending and untested vaccine ‘booster shots’ as tools for fear and control over people.

WASHINGTON — Top federal health officials have told the White House to scale back a plan to offer coronavirus booster shots to the general public this month, saying that regulators need more time to collect and review all the necessary data, according to people familiar with the discussion.

Dr. Janet Woodcock, the acting commissioner of the Food and Drug Administration, and Dr. Rochelle P. Walensky, who heads the Centers for Disease Control and Prevention, warned the White House on Thursday that their agencies may be able to determine in the coming weeks whether to recommend boosters only for recipients of the Pfizer-BioNTech vaccine — and possibly just some of them to start.

The two health leaders made their argument in a meeting with Jeffrey D. Zients, the White House pandemic coordinator. Several people who heard about the session said it was unclear how Mr. Zients responded.  (read more)

The White House was pushing eight month boosters, then it shifted to six month boosters, and now the entire booster premise is on hold.  Apparently, Woodcock and Walensky noted the messaging just looked a little goofy when contrast against the “follow the science” talking points.

Joe Biden’s Chief of Staff, Ron Klain, resembles the passenger:

Aug 27 2021

Australia Flattening the Curve


Armstrong Economics Blog/Australia & Oceania Re-Posted Aug 27, 2021 by Martin Armstrong

Australian police have won the International Award for the most morally corrupt police force of any undemocratic regime in human history. They have actually beat the police of Venezuela for their ruthlessness and inability to think for themselves, just like the German Nazis who also just were following orders.

To the Australian police diligently working hard to destroy their country — Good On Ya!

Aug 23 2021

Biden’s Disgraceful Management of Afghanistan


Armstrong Economics Blog/Politics Re-Posted Aug 18, 2021 by Martin Armstrong

The White House released this photo of Biden’s national security meeting concerning Afghanistan. Anyone who has been forced to work virtually knows one thing — it sucks! A trading room was vibrant because when people work together in a common office, you get far more done than individually. The financial markets would NEVER have developed if they were all virtual. The bidding and offering in a market were always different. You need to catch also the subtle differences in expression that are impossible virtually and even more impossible behind a mask. Someone can say, “What have you been up to?” and it can be in the form of a cordial greeting or an interrogation with respect to what have you produced. Behind a mask, you cannot see if there is a smile or a frown.

In all fairness, as the Taliban were closing in on Kabul, Biden sent a confirmation of US abandonment which was designed to absolve himself of all responsibility, shifting the blame to Trump. That signaled to the Taliban you won — the country is yours. Biden said that Trump “left the Taliban in the strongest position militarily since 2001 and imposed a May 1, 2021 deadline on US forces.”

This will go down in history as the most disgusting announcement perhaps in American history by any Commander in Chief, which was in truth an American retreat.

Jul 31 2021

Totalitarianism – How to Achieve It


Armstrong Economics Blog/Tyranny Re-Posted Jul 31, 2021 by Martin Armstrong

Jul 24 2021

You Thought You Were Free?


Armstrong Economics Blog/Tyranny Re-Posted Jul 24, 2021 by Martin Armstrong

Jul 23 2021

Brutal CfG Ad Hits Cheney For Operating Similar Personal Power Structure as Clinton


Posted originally on the conservative tree house on July 22, 2021 | Sundance | 130 Comments

Club for Growth (CfG), not exactly part of the MAGA community, is hitting Representative Liz Cheney in Wyoming with a pretty effective ad.  Essentially, the ad walks through a comparison between Hillary Clinton and Liz Cheney, highlighting the similarities.  WATCH:

Hey, whatever works.  As long as we can get rid of this warmongering DeceptiCon, who is more ideologically aligned with leftist democrats, I’m good with all attack angles.

New Rules !!

Jul 20 2021

Wikipedia Co-Founder Urges Public Not to Trust the Website


Armstrong Economics Blog/Corruption Re-Posted Jul 20, 2021 by Martin Armstrong

Wikipedia has become one of the most viewed websites in the world, but can it be trusted as a reliable source? Co-founder Larry Sanger is now warning the public not to trust the website he helped to create. “You can trust it to give an establishment view,” Sanger admitted as he explained that the website’s original design has been destroyed.

Wikipedia was originally created as an open online resource that was committed to neutrality. Between 2004-2009, Sanger said Wikipedia was a pioneer in delivering news from a non-biased perspective but that quickly changed. Users had the ability to edit various pages and debate the information from both sides of the platform, but now it is nearly impossible for the average person to participate. “If you make any edit at all you will be sternly warned or kicked out,” Sanger said, noting this often happens on articles that are “unimportant.”

Sanger believes Wikipedia is completely influenced by the establishment who has turned the site into “a battleground for a version of the truth,” as host Freddie Sayers pointed out. One blatant example is President Joe Biden’s Wikipedia page. Biden’s page has very little criticism or anything “remotely resembling the Republican point of view,” the co-founder commented. Instead, Biden’s Wikipedia page “reads like a defense council’s brief” with no mention of the alternative point of view. In stark contrast, Trump’s page was written from a Democratic point of view and harshly criticizes the former president. In fact, the page accuses Trump of crimes that he has not been charged with committing, such as sparking the January 6 Capitol “siege.” In contrast, Biden’s page fails to mention the Ukraine controversy or any other debacle during his time as vice president or president. Sanger flatly states that Wikipedia is “reliable on the establishment viewpoint,” which is ironic considering its Libertarian co-founders were anti-establishment.

Wikipedia is not a trusted source and has become another tool for government propaganda.

Jul 17 2021

JoeBamanomics – Federal BLS Report Shows Declining US Wages 1.2 Percent Lower Than Last Year, Biden Administration Leading Economic War on Women


Posted originally on the conservative tree house on July 16, 2021 | Sundance | 64 Comments

Well, well, well…. though financial media will say this is remarkably unexpected, it is something CTH specifically predicted we would see – and it is happening exactly on the timeline CTH anticipated.

The Bureau of Labor Statistics releases the second quarter national wage rate data today {BLS DATA HERE}.  U.S. wages DECLINED 1.2% in the second quarter of 2021 compared to last year.  When reviewing the data [Table 2], look at the negative impact to women, specifically Black and Asian women:

TOP LINE – Combine a 1.2% decline in earned wages with a 5.4% overall inflation rate recently reported {Go Deep},  and what you get is a 6.6% drop in real income amid the working class.  That, my friends, is exactly what we said should be expected.  That is also why the JoeBama administration needs to pump more money into the system (human infrastructure spending) in order to stop people from realizing just how bad it is.

You cannot have declining wages and massive inflation and expect the middle-class to survive.  Additionally, when I said six weeks ago that we had just passed peak home value, this is another data point to bolster that prediction.  We are in a plateau period on macro-level real home values, from this point they start dropping.  You cannot have near double digit drops in real income and simultaneously expect people to afford high mortgages.  It just doesn’t happen.

The declining wage rates, and the more substantive drop in real wage rates due to massive inflation, are specifically hitting the lower tier of the working class harder.  Yet despite this,  Biden is intent on importing even more economic migrants to put even more downward pressure on wages for the working class.

These are very real outcomes of policy.  Working class Blacks and Latinos will feel this even more, yet this is the special interest group that Democrats claim to support.  The reality is exactly opposite from the narrative sold by the Biden administration.

The Democrats know this. These outcomes are not accidental; they are a feature not a flaw in their policy.  This is why they need to keep spending to retain the ruse.

There’s no way around this.  Despite the pundit and financial class selling a counter-narrative, home prices will crash and unemployment will go up.  I know this is directly against the current talking points, but the statistical reality is clear.  CTH was the first place who said two months ago that home sales will plummet, that is starting to happen right now.  There’s no way for it not to happen, the big picture tells us why.

♦ Inflation Data Link

♦ Prior Prediction Link

May 2021 – “It will be very interesting to watch how the housing market responds over the next few months. If the trendline continues we should see a considerable softening in home sales, again depending on region, as the inflation hits the working class.”  Imagine what happens when they stop pumping money into the economy.

Jul 1 2021

New York City Mayoral Race Becomes a Hot Mess of Electronic Errors, Wrong Votes, Tabulation Mistakes and Uncertain Results


Posted originally on the conservative tree house on June 30, 2021 | Sundance | 121 Comments

Wait, it’s impossible for election results to be electronically manipulated yet the New York city board of elections is now saying the entire mayoral race was messed up because electronic tabulation errors and test ballots and stuff.

The same officials who denounce any questions about voting outcomes in the 2020 presidential race are now saying the tabulation of the 2021 Mayoral race was wrong.  The Democrat New York City Mayor even calls for a full and immediate recanvassing today, while the Democrat DOJ says recanvassing the vote in Arizona is akin to voter intimidation.

It’s all a hot mess… because, well, communists are generally hypocritical by intent.

NEW YORK (AP) — The Democratic primary for mayor of New York City was thrown into a state of confusion Tuesday when election officials retracted their latest report on the vote count after realizing it had been corrupted by test data never cleared from a computer system.

The bungle was a black mark on New York City’s first major foray into ranked choice voting and seemed to confirm worries that the city’s Board of Elections, which is jointly run by Democrats and Republicans, was unprepared to implement the new system.

[…] Then the Board of Elections tweeted that it was aware of “a discrepancy” in its report on ranked choice voting results. It didn’t initially explain what that discrepancy was, even as it pulled the data from its website.

Just before 10:30 p.m. it released a statement saying that 135,000 ballot images it had put into its computer system for testing purposes had never been cleared.

“The Board apologizes for the error and has taken immediate measures to ensure the most accurate up to date results are reported,” it said in a statement. (continue reading)