Flirting with Nuclear Catastrophe, Pompeo/Khashoggi Controversy, AOC’s Goons, & More! | SYSTEM UPDATE #27


Glenn Greenwald Streamed on: Jan 24, 7:00 pm EST

Russia Prepared for NATO Invasion


Armstrong Economics Blog/War Re-Posted Jan 25, 2023 by Martin Armstrong

The West has decided to turn this into an all-out war to completely destroy Russia once and for all. Moscow has been put on high alert and air defenses are being put up in every sector of the city. The hardliners are being heard and Putin has little choice at this point. It has become absolutely obvious that even Germany now is sending tanks into Ukraine and they will be used to invade Russia. It appears that NATO “advisors” will be most likely driving these tanks.

I had hoped things would not unravel as quickly as they have. I warned that January was a major target in time coming up in our arrays. We also then have major targets in April/May and Panic Cycles in June. Even gold is moving higher which has NOTHING to do with inflation or the Fed. Gold rises during times of uncertainty with governments and war. Our computer has pinpointed the timing pretty well.

Even the prime minister of Finland has drunk the cool aid of war. Our world leaders are willing to throw everything society has accomplished into the rubbish all for this quest to destroy Russia, then China, and create this one-world dream of Soros and Schwab.

Understand that when war unfolds, they will impose capital controls in Europe ASAP. We even see Russian capital moving into Turkey buying real estate there in particular. Meanwhile, South Africa is aligning itself with Russia.

Nuclear War to Save the Plan


Armstrong Economics Blog/War Re-Posted Jan 25, 2023 by Martin Armstrong

COMMENT: Great article about Nuclear War and saving the planet. You forgot to mention Hiroshima and Nagasaki. The “science” says both cities should have been uninhabitable for a 1000 years after a nuclear war. Yet, their populations doubled in 20 years after being nuked? Hiroshima now has 9 times its 1945 population. In 1945, after the A-bomb, it was 137,000. Now they have 1.2 million people? Doesn’t make sense!

Mike

REPLY: You are correct. I have even visited the area. I did not think to add that. The idea that a nuclear attack will poison the area permanently is also bad science just like Climate Change and the Earth will fry all because of CO2. I somehow think that not just cockroaches will survive a nuclear blast, but I get this strange feeling so will the people at the WEF.

Why do Neocons Want War with Russia?


Armstrong Economics Blog/War Re-Posted Jan 24, 2023 by Martin Armstrong

Lindsey Graham is the twin brother of John McCain. I had asked John McCain once why he hated Russia so much. He never responded with any reason. It was always the same nonsense he always spread before Putin and after. It has baffled me as to what the difference is between Germany and Russia. We do not belittle Germany or hate its people solely because of Hitler. When it comes to Russia, it does not matter who is president, nothing ever changes. Graham said:

“If Putin gets away with this, there goes Taiwan. If Putin’s successful in Ukraine and isn’t prosecuted under international law, everything we’ve said since WWII becomes a joke. He will continue beyond Ukraine.” 

Lindsey Graham is an outright neocon who will say anything to achieve his dream – the destruction of Russia even though it is not communist. There is absolutely ZERO evidence since the fall of the USSR that anyone has sought to conquer Europe. Both Hitler and Napoleon were seeking to re-establish the old Roman Empire and rule over all of Europe. Both attempted to take Egypt to relive the glory of Rome. Some say to fulfill the prophecy that the end will come when the Holy Roman Empire Rises for that will be the time when we die. Don’t worry, Putin does not aspire to that dream. I’m not so sure about the American Neocons.

To even say if Putin wins in Ukraine, “there goes Taiwan” is an absolutely delusional statement. If anything, China would be better off taking Taiwan as the US foolishly keeps sending military arms to Ukraine. The US has already transferred thousands of artillery shells from a military weapons stockpile in Israel to Ukraine. They did the same sending weapons from South Korea to Ukraine. It was reported back in March of 2022 that planes take off almost daily from Dover Air Force Base in Delaware filled with Javelins, Stingers, howitzers, and everything else they can fit. Likewise, Germany began the same in February 2022.

Just this past week, the US military warned Biden that Is the U.S. Running Out of Weapons to even send to Ukraine. The EU foreign policy chief  also warned that “the military stocks of most [EU] member states has been, I wouldn’t say exhausted, but depleted in a high proportion, because we have been providing a lot of capacity to the Ukrainians.”

While the US aid to Ukraine came in at $113 billion far greater than Russia’s budget of 65.9 billion, it is double the military budgets of both France and Germany. It is approaching 50% of the annual budget of China. Just looking at the military spending, Russia has not been preparing to invade Europe. This is absolutely an absurd argument.

John McCain has never changed his view of Russia regardless of who is at the helm. Politico called him the “American antagonist of Russia.” It was McCain who kept pushing NATO Eastward up to the border of Russia all on his claims that if the West does not expand NATO, then Russia will. He proclaimed that those in power did not want to restore the “Soviet Union, but the Russian empire.” There was NEVER a single move that Russia ever made to imply that theory was remotely correct post-1991 and the fall of the USSR.

Lindsey Graham is carrying the banner of hatred for all Russians. It does not matter if Russia overthrows Putin, he dies, or retires. He will still hate Russia and want an all-out war to destroy Russia wiping it off the map once and for all.

The Russian people like Europeans and Americans, do not want war. Like everyone else they just want to enjoy life and take care of their families. It is always the leaders who create all the wars. We are just the dirt beneath their feet – the great unwashed who are always expendable because there are too many of us anyway.

This hatred of Russia is a strategic psychological tactic to sell the idea of war to the common people so they are willing to die for something they think is noble. Not much different from the young arab terrorists who are told this is a holy war and God will reward them if they blow themselves up. The leaders there too will never blow themselves up either.

So why do people like Lindsey Graham just hate Russians and wants war at all cost? It is hard to say. We do not hate Germans today because of Hitler. So why do we hate Russians because of Stalin? One thing is for sure, this hatred of Russia is exhausting our own conventional military supplies so while we cheer claiming Ukraine is winning, we will not be in a position to defend even ourselves if China and North Korea, as well as Iran, decide to join the party.

The Good News Nuclear War Will Save the Planet


Armstrong Economics Blog/Energy

Posted Jan 24, 2023 by Martin Armstrong

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Most of these people like Al Gore, Kerry, the mainstream media, Rhinos, democrats, and Bill Gates seem to actually believe in climate change for they are displaying the most stupid form of analysis invented by the lowest possible intelligence level of society. Hey, it’s warmer today than when I was a kid so we must be causing it. There has been ZERO research into climate on any of their parts to even test their theory. They all project that we are headed toward an environmental Armageddon if mankind does not immediately end fossil fuels. Not a single one has bothered to even consider that switching to electricity curiously makes society extremely vulnerable. If I were China looking to take down the West, I would be pushing this agenda at light speed. The first thing you do is take down the power grid and society will crumble in less than 72 hours. Using digital currency would mean you could not buy anything. Without an electric car you would be forced to walk to a store that then could not sell you anything without electricity and no new supply of anything would be able to move so there goes the supply chain – again.

The GOOD NEWS is you can then just nuke your opponent and actually save the planet all at the same time. Without electricity, your opponent could not even make a phone call to launch a response. But if we look at Chornobyl, the nuclear disaster restored the region which became a sanctuary for animals void of humans.

Bikini Atoll 70 years after nuclear tests is thriving. On July 24, 1946, Baker Test shrouded its formidable height over the U.S. Navy’s test fleet. The United States dropped 23 nuclear bombs on the island, including a device in 1954 that was 1,100 times larger than the Hiroshima atom bomb. Now a team of scientists from Stanford University has been stunned. They discovered an abundance of marine life apparently thriving in the crater of Bikini Atoll, which was declared a nuclear wasteland after the bombings.

Strangely enough, the same has been found at Chernobyl in Ukraine. It is starting to emerge that even setting off every nuclear bomb will not destroy the planet or turn Earth into space rocks. We can alter our environment by doing so and ridding the planet of humanity as the dominant species, but Earth will heal itself and life will adapt exactly as scientists have discovered in Ukraine at the site of Chernobyl. Wildlife has thrived because it sent humans running.

This new evidence emerging from Chernobyl and Bikini Atoll is demonstrating that we just may not be as smart as we think we are no less all-powerful. Obviously, the WEF and world leaders who are all pushing for World War III, are obvious far smarter than we are. They are really trying to save the planet from us. Exterminate humanity and we can save the bugs and crickets from becoming our next food source.

Zelensky’s Holy War – Seizing Russian Churches


Armstrong Economics Blog/Ukraine Re-Posted Jan 9, 2023 by Martin Armstrong

COMMENT: Marty, I just read that Ukraine seized control of a Russian Orthodox Church that has been there for a century. You were correct. Zelensky has also made this a holy war. The Ukrainian people should rise up against this guy. He is killing them all for hatred.

SH

REPLY. I have had staff on both sides in Ukraine. I have been well aware of the hatred and animosity that I do not see will ever be resolved. This is like the battle between the Shite v Sunni in Islam or the Catholic v Protestants in Christianity. Zelensky has shut down free speech and has seized control of the main cathedral and monastery in Kyiv which has always been Russian. It has always been affiliated with the Russian Orthodox patriarchate and allowed its Ukrainian rival group to use it for Orthodox Christmas services. The cathedral is the oldest Orthodox church in Kharkiv. This was constructed in the Baroque style at the expense of the community in 1771-1777  long before Ukraine was even an idea. The old church was destroyed and dated from the middle of the 17th century.

This is no different from the French King seizing the Vatican and moving it to France at Avignon. Zelensky outright hates Russians and has even called on NATO to NUKE Moscow in a sneak attack. Zelensky said a nuclear attack on Russia is “needed so that [the Russians] know what awaits them if they use nuclear weapons” during an event with the Australian think tank the Lowy Institute. “Not the other way around, waiting for Russia’s nuclear strikes and then saying, ‘Oh, you’ve done that, then get this.’”

This is the guy we are to send any missiles to? He is consumed with hatred and is the most dangerous head of state perhaps surpassing even Stalin and Kruschev.

Twice as Many Civilians Always Die v Military


Armstrong Economics log/War Re-Posted Jan 9, 2023 by Martin Armstrong

War is never a ONE-SIDED affair. People get frustrated and will often seek revenge personally on both sides of any conflict. These people who point to Russians as killing civilians and vice versa should understand one thing. EVERY war results in MORE civilian casualties than military. I do not know what planet these people are on, but cheering war is one great way to reduce the population.

Just check the stats on World War II. The total estimated deaths were 70–85 million people. That was about 3% of the estimated 2.3 billion global population in 1940.

  • Total Death … 70-85 million (50-56 million directly & 19-28 million from starvation/disease)
  • Military deaths ….. 21-25 million
  • Civilian Deaths….. 50-55 million

Anyone claiming the Russians killing civilians is somehow a war crime should check history. It is typically civilian deaths are double that of the military. So while Zelensky and the Western powers refuse to end this war and just let the Donbas separate as was set out at the Minsk Agreement, should understand the civilian death toll in Ukraine may easily be 50% or even hire all for land that was never Ukrainian in the first place. The West is using the Ukrainian people as fools for they are simply there to weaken Russia so NATO can invade Moscow in the end. The Ukrainian people are simply cannon fodder and the sooner they wake up and realize that are just a pawn being sacrificed in this proxy war against Russia the sooner they can reclaim their life.

I get the typical hate mail because I do not blindly accept Ukraine is fighting against the Russian evil empire for democracy or freedom related to its own people. One clearly Neonazis sent an email:

“There will definitely be a very special place in hell for you and the sooner you get there the better.”

I have encountered the Neonazis of Ukraine. They would slaughter every Russian in the Donbas. I do not tolerate fools, politicians, or people who are consumed by their own hate that they cannot see clearly or even think rationally. Their hatred is consuming the world and they will do whatever they can to completely destroy every Russian no different than the German Nazis who sought to exterminate every Jew.

I have been in the middle of this entire Russian affair since 1999. Both sides have always hurled arrows at me. So I am just used to it. When Galina Starovoytova (1946-1998), who was the head of the Democratic movement in Moscow, was assassinated, suddenly the old hardlines were targeting me and said she was a puppet of a Western financier, which was supposed to be me. I was shocked that I was suddenly being targeted I believe by the head of the old guard Primakov who I believe had been behind her assassination and the attack on me. The only connection was that her son was working in our London office at the time.

I always get the arrows from every side. That is just part of life.

The Real Cost of War


Armstrong Economics Blog/War Re-Posted Jan 6, 2023 by Martin Armstrong

COMMENT: Good Morning Mr. Armstrong, a long-time reader and client of Socrates and your conferences. I just read your entry for Belarus drafting 18 to 60-year-olds. I had a feeling that eventually, that would take place here in the states. I can tell you without a doubt, I will never comply. My family has served in WWII and Vietnam. We have given enough. I absolutely despise our government. I am wondering if this is part of the continued collapse of the government. With such low recruitment levels and the political fallout from the past few years, they must realize people will not be forced to serve. Especially those with the means to defend themselves. Is this a main component of civil unrest here with separatist movements? Just curious if you can elaborate on what you think will happen when they institute a draft here.
All the Best.

J

REPLY: My family has fought in every war since the American Revolution. My cousin still has the musket on his wall from the American Revolution. I lost half of my high school friends to Vietnam and my father and his three brothers were all in World War II and my grandfathers on both sides of the family were in World War I. There is no question that in a time of war, the first shot fired is both silent and never against an enemy. It is always against any truthful reporting of events.

The Defense Casualty Analysis System (DCAS) Extract Files contain records of 58,220 U.S. military fatal casualties of the Vietnam War. The government propaganda site, Wikipedia also directed by the Deep State, has low-balled the casualties claiming in total, all US and allied military deaths reached 282,000. We claim that is a victory for the VC lost 444,000 to possibly 666,000. The civilians who died have been low-balled with estimates of 405,000 up to 627,000. Just turn to Britannica and you get:

“In 1995 Vietnam released its official estimate of the number of people killed during the Vietnam War: as many as 2,000,000 civilians on both sides and some 1,100,000 North Vietnamese and Viet Cong fighters.”

President Lydon Johnson knew there was no reason to enter Vietnam. He knew we could not get out easily. Still, he committed the country to war because the Neocons wanted it.

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This is a famous photograph from Vietnam that is probably the most memorable of all time. You see South Vietnamese forces following terrified children. At the center is 9-year-old Phan Thi Kim Phùc, as she and other children are running from an aerial napalm attack on suspected Viet Cong hiding places on June 8, 1972. The plane accidentally dropped napalm on South Vietnamese troops and civilians. As always, just the collateral damage of war. The terrified girl had ripped off her burning clothes while fleeing. This photo was taken by Nick Ut of The Associated Press that captured the horror of Vietnam worldwide. It was 1972 when President Nixon said enough and promised to bring the troops home.

This 9-year-old make girl running from napalm, Phan Thi Kim Phúc, had profoundly changed her forever. Such people are tormented for a lifetime. They wake up at night dreaming over and over about the horror of those events for the rest of their lives. Kim Phúc was bitter and full of hatred she said. Later, she picked up the Bible and converted to Christianity. Today, she lives in Toronto with her family and helps other children victims of war around the world. It is those who survive who are profoundly tortured for the remainder of their lives. That is the real cost of war that nobody cares about.

The official estimate of civilian deaths in World War II stands at a total of 70–85 million. The actual military deaths were 21,000,000 to 25,500,000. There is ALWAYS an equal amount of civilian deaths in times of war. Those in power never want to talk about that.

Right v Wrong


Armstrong Economics Blog/Socrates Re-Posted Dec 2, 2022 by Martin Armstrong

QUESTION: Marty, I have been following you now for a few years. You seem to be never wrong. You always say it is not your opinion. Is there some secret to how you do this? Nobody else seems to even compare. Or is it all just the computer?

FK

ANSWER: We all are human and as such we make mistakes. I understand that the big picture with war and events seems to be never wrong. That is Socrates – not me. I have been wrong in regard to my interpretation at times, but the cycles are always correct like the ECM.

I was one of the first International Hedge Fund Managers. I had even warned Congress back in 1985 that they should merge the CFTC and SEC because complying with one meant you went to prison with the other. They forced funds management offshore. We are all connected. You cannot have gold rise to $10,000 and the dollar turns to dust and nothing else happens. The world economy is like a set of dominoes. If you get the first one right, all the rest will follow.

These people who try to forecast one market can NEVER be correct for the wildcard always comes externally. Right now, the Ukraine war is impacting the global economy and markets. You could not asses the impact by simply watching the Fed. If it were not for (1) the stupid lockdowns of COVID disrupting the supply chain, then (2) this proxy war against Russia and imposing the absurd sanctions on them when they are a key supplier around the world in many areas, then inflation would not have risen and the Fed would not be raising interest rates. Those in power simply only look in front of their nose. Every action has a ripple effect that impacts long-term events. We cannot escape that. I have designed Socrates to survive me. It is not my opinion and when I do express my opinion I state the difference. Even my interpretation of an array can be wrong, not the array.

Everything is connected. We cannot escape that. Without Socrates monitoring everything around the world and writing its own reports on over 1,000 instruments globally, there is nobody who can possibly compete with a personal opinion. The world is far too complex for an individual to see everything from a personal gut feeling.

Because I had focused on currencies from the collapse of Bretton Woods and was called into the first bank failure in 1973 because of a 7% move in currencies,  my company attracted clients from around the world. I had to see the world through everyone’s eyes – not just the dollar. In July 1985, I took the back cover of the Economist for 3 weeks announcing the end of deflation/peak in the dollar, and the reemergence of inflation, which led to the Japanese Bubble in 1989. Interest Rates peaked the very day at 1981.35. The end of that wave was 1985.65 the month of July. It was the beginning of a Private Wave which will end 2037.25.

We published charts back in Barron’s during the early 1980s showing gold in dollars compared to a basket of currencies. We ended up with the largest institutions in the world because our reports went out on telex and the communication costs per market were $225 per day. Only the biggest institutions could afford our services. Then came fax, and then email which has expanded our reach to everyone these days. But make no mistake about this. People may criticize me and others are desperate to try to prevent people from using us. It is either because they cannot compete and pretend this is my opinion rather than a computer, or they want to manipulate the markets and we just get in their way.