Category WEF Autocracy
Eurozone Inflation Reaches New High – Recession Incoming
Armstrong Economics Blog/European Union Re-Posted Nov 2, 2022 by Martin Armstrong
Inflation in the Eurozone hit a new record in October, according to Eurostat who reported a 10.7% rise. That marks an increase from September’s 9.9% posting and an all-time high since Eurostat began compiling Eurozone data in 1997. The European Central Bank (ECB) attempted to curb inflations with another 75 bps hike last week. The ECB knows that inflation is here to stay. They recently changed their annual inflation target for next year to 5.8% compared to the 3.6% they were predicting three months ago. They can’t release the actual figures without causing a panic.
Economic growth “slowed significantly in the third quarter of the year and we expect a further weakening in the remainder of this year and beginning of next year,” ECB head Christine Lagarde warned. Inflation is hitting some countries harder than others. Estonia (22.4%), Latvia (21.8%), and Lithuania (22%) all experienced nearly double the average inflation rate this October.
The downturn will not be equal across the Eurozone. The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, is warning that half of the 19 countries in the bloc will fall into a recession. “Europe is affected more severely by the increase of energy prices. The heat on European economies is such that we actually expect half of the countries in the eurozone to experience at least two quarters of negative growth. In other words, a recession,” she said, without naming the countries,” Georgieva warned. She further stated that the IMF’s pre-pandemic projections compared to current projections differ by a loss of half a trillion euros.
“I am not going to sugar-coat it: 2023 will be tougher than 2022. Next winter for Europe may be even harsher than this winter,” she declared. “Why? Because European policymakers acted very swiftly to fill gas storage. If conditions remain as they are with Russia not providing gas to Europe, how is this gas storage going to be filled next year?”
Another question comes to light – can Europe remain untied amid a serious recession? The ECB will use the same strategy in an attempt to fix the broken system for the entirety of the Eurozone instead of looking at each individual economy. Let’s not forget that deeply indebted countries will only face higher costs that they likely will not be able to repay. The ECB dug its grave in 2014, and they do not have the tools to handle the current crisis. It is easy for Europe to appear as a united front when there is peace and prosperity. The real test will come when everything crashes down, and fairness goes out the window.
This is it! Last chance for PEACE before Putin launches massive Winter offensive | Redacted Live
Redacted News Published originally on Rumble on October 31, 2022
This weekend Russia called on the U.S. to come to the table for peace talks. At the same time the U.S. is sending a 15th round of weapons to Ukraine. A new report from Finland shows that many of these weapons are winding up in the hands of known criminals.

Public Confidence in Russia is Down
Armstrong Economics Blog/War Re-Posted Oct 31, 2022 by Martin Armstrong
The world forgets that war only benefits a select few who safely sit in their ivory towers while the general population suffers. Antidepressant prescriptions soared by 70% in the first nine months of 2022. The top comment online in response to this article began with, “I am sure some Russians are good, but….”
This would be akin to the world believing Americans are inherently bad due to our government’s part in Syria, Afghanistan, Iraq, etc. Newsweek reported that Russians spent $81.1 million in those nine months on antidepressants. In Moscow, 1,300 packages were delivered per 10,000 adults. So 13% of the city is being treated for depression currently. RBK stated that the increase in antidepressant usage is due to war, fears of shortages, and sanctions. Antidepressant spending also increased after Putin announced a partial mobilization of troops on September 21.
A Russian public opinion fund survey found that around 70% of the population experienced anxiety after the mobilization announcement. Around 35% of participants in this particular study reported anxiety during the week of September 18, but that nearly doubled the following week to 65%.
Not every Russian citizen is lining up to die for their country, and it is safe to say most do not want war. Human nature is the same wherever you go, but overall rhetoric has demonized Russians for simply existing.
Any aspirations for a future have been put on hold as Russians are uncertain if they will be met with the full force of NATO. Grocery stores look very different today from less than a year ago, as common brands have been replaced with obscure knockoffs and some products are no longer available. Hundreds of thousands have fled their country, but they are not warmly received. It is becoming increasingly difficult for Russians to leave their homeland, and those who are forced to stay fear what is to come.
Bolsonaro loses – Good Night Brazil
Armstrong Economics Blog/Politics Re-Posted Oct 30, 2022 by Martin Armstrong
COMMENT: Marty; Thank you so much for Socrates. Jair M. Bolsonaro lost to the left. I couldn’t believe it. Socrates had a turning point, higher volatility, and a Double Directional Change here in October and November. Looks like we will go the way of Argentina.
AH
REPLY: The currency should decline into 2023. The promises of the left will never be accomplished. Just for the record, Bolsonaro I can tell you that when he was at Schwab’s WEF, he told a friend of mine that they were all a bunch of idiots. Inflation will soar because also the currency will decline. Politicians are ignorant. They think they can do whatever they want and do not understand that we are all connected and thus they cannot reverse the international trend.
Zelensky Wants WWIII Bringing Death & Destruction to the Entire World
Armstrong Economics Blog/Ukraine Re-Posted Oct 30, 2022 by Martin Armstrong
With most con artists, you need to count your fingers after shaking hands. With the President of Ukraine Volodymyr Zelensky, you have to make sure you still have your arm. He wears the same clothes to project he is at war raising some to hope he at least takes it off to wash. Both Germany and Japan as well as the Swiss all apologized for war crimes – but never Ukraine.
Never in all my career of dealing with governments have I ever witnessed such a bold-faced liar as Zelensky. He addressed the students and professors of Yale University, and boldly had the audacity to claim that it is in Ukraine that the global fate of democracy is being determined. The Minsk Agreement called for the Donbas to vote on their independence. Ukraine has refused to allow that ever to happen. His claim that the fate of democracy will be determined only if Ukraine can destroy all Russians is just outrageous.
“It is important for the whole world that Russia loses now – in the war in Ukraine. When we win for ourselves, we will win for other nations whose freedom is potentially under attack: the ambitions of the Russian throne are known.”
“On behalf of the Ukrainian people, I want to thank your people for the support you provide to our defense. Thank you to your leaders – President Biden, both chambers and parties of Congress, public figures and businesses who feel how important it is for Ukrainian democracy to endure.”
Zelensky has refused to apologize to Poland for its war crimes. The depravity of Ukrainian is far beyond any of the worst horror films ever made. It has been documented what the Ukrainians have done like cutting out a baby from a mother’s stomach and sowing her back up after putting in a live cat. Zelensky REFUSES to acknowledge what the Ukrainians carried out. The Polish Association of Memory of Victims of Crimes of Ukrainian Nationalists documented 135 methods of torture and murder practiced by Ukrainian Nazis. Poland officially called the Ukrainian actions genocide. The Ukrainians have been protected by the CIA for decades ONLY because they hated Russians. They continue to protect the Ukrainian Nazis only because they are waging war against Russia. Every country has apologized for its war crimes with the single exception of Ukraine. Zelensky is an absolute disgrace as a world leader.


All the declassified documents confirm that the American Neocons have been lying about Putin simply because they want war. They told Zelensky not to negotiate peace. Zelensky has sold his own country like Judas for a handful of silver. He has refused to negotiate any terms of peace whatsoever putting his people in harm’s way all for the Neocons who want to simply destroy Russia at all costs.
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I have the same documents that were the briefings that reveal that Yeltsin turned to Putin BECAUSE he was not a communist. Yeltsin was being blackmailed with the Bank of New York case by the oligarchs and Republic National Bank’s Edmond Safra on the one side and the communists who filed an impeachment action to remove Yeltsin on the other. Yeltsin turned to Putin because he was against reestablishing the USSR and he was not an oligarch. Anthony Blinken has repeatedly maintained the standard propaganda that Putin has “imperial designs” to recreate the USSR. All the declassified documents from the Clinton Administration prove that is also an outright lie.
The Minsk Agreement was to allow the Donbas to freely vote on their independence. They are ethnic Russians – not Ukrainians, Zelensky promised peace to get elected and has refused to negotiate for peace and has claimed democracy depends on Uktain destroying Russia when in fact he has refused to allow the Donbas to even vote. He only wants to destroy Russia.
This is a Climate Change War. The objective is the destroy Russia, and its energy production for that is 50% of the entire GDP, and they will then transform it into their idea of a vassal state subservient to the United Nations. You do not war World War III for a tiny piece of land that has always been historically Russian. Those who want to fly their Ukrainian flags in support, look around for you are condemning the future of your family for a war that they lied about from the start just like the weapons of mass destruction.
Interview: RUSSIA, THE KEY TO THE GREAT RESET – CBDC’S – SOVEREIGN DEFAULTS & MORE
Armstrong Economics Blog/Armstrong in the Media Re-Posted Oct 30, 2022 by Martin Armstrong
Watch the video above or click here to watch my most recent interview with Patrick Timpone from One Radio Network.
Neil Oliver, “Don’t Pee Down My Back and Tell Me It’s Raining”
Posted originally in the conservative tree house on October 29, 2022 | Sundance
Against the backdrop of Rishi Sunak being installed as the U.K. Prime Minister, during his weekly monologue today, a fired-up friend of the Treehouse, Neil Oliver, asks two questions: #1) Why should WE put up with the pain predicted in our future by the same people who made it inevitable?… And #2) How quickly do they think we forget what only just happened? WATCH:
[Transcript] – I have two questions this week:
Question one: Why should WE put up with the pain predicted in our future by the same people who made it inevitable?
And question two: How quickly do they think we forget what only just happened? First the pain.
Rishi Sunak conjured up and blew away a mountain of money – hundreds of billions of pounds worth of the funny, all-but-fraudulent money that is the gift only of the private bankers who have him and every other western leader in their pocket.
Now he’s got an even bigger job than before and gets to tell us we’ll have to endure tough times ahead, real pain. That’s real pain for us proles of course – and champagne for him and his pals. All of this mess is of his creation – him and his pinstriped cronies – and yet we, who did nothing wrong, are the patsies handed the bill.

I’ve quoted The Outlaw Josey Wales before on here, but time and again I find the same words going round and round in my head.
“Don’t pee down my back and tell me it’s raining.”
The same characters – those that clapped and cheered as the disastrous lockdown measures were put in place – are still clumped around him, with shiny new jobs or at least their old jobs and every bit as pointless as they were before. None of them has added so much as a jot to their store of wisdom.
They have learned nothing – except of course the priceless knowledge relevant only to senior MPs … that if you just brass it out in the face of the most monumental cock-up of your career it turns out you can pretty much get away with murder.
We can see this – in fact our noses are rubbed in the reality of it daily, every time we have to look at the same old faces … unrepentant, blind and deaf to any notion that there might be confessions required, responsibility taken for the most inexcusable mistakes, grovelling apologies offered for unimaginable damage done, hurts inflicted that cannot and will not heal.
They should be in exile on Elba, the sorry lot of them, and yet there they are – business as usual and telling us the bill is past due.
Of course the bill is past due, the gormless fools – it was them that ran it up in the first place while some of us, some of us, looked on in horror at the truck crash happening in slow motion.
But remember at all times that it’s not Covid’s fault we’re flat broke, or Putin’s fault or the climate’s fault. You cannot blame the rain if you get soaked. The rain is inevitable. You get soaked because you gave away your coat and you didn’t buy an umbrella.
We’re getting soaked, drowning, because of two years in which the establishment shut down the country and the economy. We are out in the cold because of a decade and more of destructive energy policies that mean we have none of our own and have to go cap in hand to others to keep the lights on.
The fault is theirs, our political class and their masters … those that designed, choreographed and executed the plan. The fact we are in the deepest financial hole ever dug is down to those that shut us in our homes – or at least tried to – and then conjured up unimaginable sums of money that didn’t exist and sprayed it all over the floor, up the walls and down the drains.

Sunak and his ilk paid people – not all people, of course, but millions of people – to stay at home when they could and should have been out earning and keeping the economy going. Those deemed unworthy of help watched the businesses they couldn’t attend to going bust and lost everything.
Those usual suspects threw billions into the pointless, ineffectual money pit of track and trace. They blew billions more on useless and unused PPE and on gazillions of masks that made no difference other than to stoke the fear of millions of men, women and children and litter the countryside and choke the oceans.
They coerced millions into taking medical products that – as time has told – did not work as advertised. Nonetheless they nudged and pushed and finally bullied and threatened the majority of people into putting themselves under the needle – not once but several times. Now their propagandists are out and about again – pushing the same old drugs, with an influenza chaser just for good measure.
If it wasn’t so coldly calculated, you’d have to say it was insane.
As far as I’m concerned, it should be described as criminally insane.
Hundreds of billions of pounds wasted. All part of the greatest transfer of wealth to the already rich in the history of the world.
To my mind it’s not and never was any sort of accident that dumped us here, soaked to the skin and freezing. Too many of the same mistakes were made by too many of the same people, to the same effect. Too many people all reading from the same script.
To take but a couple of examples at random, EU overlord Ursula Von Der Leyen blew 71 billion euros buying the so-called vaccines – enough of the dope to give every man, woman and child in the EU 10 doses. TEN.
More pain for more people.
And across The Pond, addled President Biden, yet to take back so much as a syllable of his nonsense about safe and effective, has more recently overseen the destruction of America’s once limitless domestic energy supply to such an extent that his nation has just 20-odd days of diesel left.
That means in less than a month trains, buses and private cars – not to mention the trucks that move all the food and other necessities around the entire country – could grind to a halt and, with them, the entire US economy. Why is America committing suicide, ceasing to be what most of us even recognise as America? That’s a question for another day.
And now, to add insult to all the injury – and let’s not forget the millions of adverse effects suffered around the world, the deaths attributed to the jabs – we have to listen to the architects of our imminent financial misery and demise telling us we just have to endure the pain … the pain they knowingly caused, are continuing to cause and that they are manoeuvring to make even worse.
In Egypt at COP27 – the UN’s annual conference for climate change bedwetters – the agenda is stuffed with plans to eviscerate farming around the world. Against a backdrop of manufactured fear about how cows are destroying the planet by burping and how the fertilisers that have enabled us to feed the billions now promise only doom on a global scale, they talk about cutting farming here, there and everywhere by as much as half. Let’s all pay attention – we are talking here about the very stuff of life upon which every soul depends.
From the same deranged ideologues who have ensured energy insecurity, comes global food insecurity. All across the developed world, farmers and their supporters – which in truth should be everyone who has even vague plans to still be eating actual real fresh food in the years to come – are protesting in ever growing numbers.
Do we see this defiance reported on the news? Do we hear those farmers given airtime to explain the folly of what the bureaucrats have planned? No, we do not, and decisions affecting all our lives in every conceivable way – about food, and money, and round the clock surveillance – continue to be discussed and made by unelected, unaccountable advocates of One World Government.
Over and over we’re told he world is coming to an end on account of climate change that’s all humankind’s fault. And yet the measures being contemplated at COP27 will surely mean the end anyway for hundreds of millions … billions of people driven into the cold and bony arms of starvation, disease, war and death by suicidal policies born of vanity, hubris and the pursuit of yet more wealth by the few … for the few.
All of which brings me back to my second question, about the apparently misfiring memories of those desperate, utterly desperate, to pretend the last two years never happened – or if they did happen, that they happened altogether differently than I remember.

George Orwell wrote about memory holing in his novel 1984 – the process by which information that no longer helps the official narrative is made to disappear as if it had never existed.
Just as a for instance they are trying to tell us now that no one ever said the so-called vaccines would prevent the spread of Covid from person to person. They damn well did say that – over and over again. That was the entire basis for the Granny Killer selfish Covidiot abuse directed at those of us who never did and never will submit to those jabs.
To claim now that such claims were never made is the most blatant and shameless of lies – damned lies – and yet it is pushed now by politicians, medical professionals and mainstream media alike.
It can only be a matter of time – presumably when the numbers of vaccine dead and injured simply get too terrifyingly big to ignore – before the same characters are saying the jabs were voluntary anyway and that it was always and only a matter of personal choice whether you took them or not. Don’t come crying to me … they’ll say in unison.
In Orwell’s novel of a dystopian future, the totalitarian government of Oceania was constantly at war with one of the other two totalitarian superpowers that dominated the world: Eurasia and Eastasia. It wasn’t about ever winning or ending the war but rather maintaining a constant state of war in order to keep the citizens under control. Every citizen had to memory hole what each knew to be true and just accept the latest version of reality.
Orwell called this doublethink:
“To know and not to know,” he wrote. “To be conscious of complete truthfulness, while telling carefully constructed lies … to forget whatever it was necessary to forget, then to draw it back into memory again at the moment it was needed.”
This is where we are now: listening to those who know the truth telling carefully constructed lies. Worse still, we are supposed to lie to each other and to ourselves about what just happened.
We are expected to forget that those promising to fix the disaster are the same people that caused the disaster. We are supposed to forget that the MPs, medics and media told us we had to surrender our rights, our livelihoods, let loved ones die alone on account of a disease only a minuscule percentage of the population was ever at serious risk from – and they knew it.
And yet we are expected to believe instead that they never said any such thing.
Soon enough we might be expected to forget that we ever used to pay in cash and that our transactions were once our own private business … and accept instead Digital IDs, and CBDCs and social credit scores. In a year or two it might be as though there never was cash, or privacy, or dissent, or protest. We will be expected to forget.
If we are already expected to forget how all this mess happened … then in a year or two we might be expected to forget we were ever sovereign individuals with private lives and private thoughts.
But here’s the thing: I for one won’t be forgetting any of it. I remember everything. What’s been done, stays done. What’s been said, stays said. It’s up to us to remember – to remember everything that happened – and to keep reminding everyone else as well. (link)

The Climate Change Zealots are Coming for Your Pets
Armstrong Economics Blog/Climate Re-Posted Oct 28, 2022 by Martin Armstrong
The climate change zealots have found a new scapegoat to blame for changes in the weather – the family pet. CNN has dubbed the term “carbon pawprint” and is urging owners to switch their pets over to insect-based diets or lab-grown meat and reconsider future animal adoptions.
There was a 2017 study entitled “Environmental Impacts of Food Consumption by Dogs and Cats” that claims pets are responsible for global warming. “Dog and cat animal product consumption is responsible for release of up to 64 ± 16 million tons CO2-equivalent methane and nitrous oxide, two powerful greenhouse gasses (GHGs),” the study cited. The author suggests “reducing the rate of dog and cat ownership” in favor of smaller rodents or reptiles. If someone must have a dog, they claim it is better to adopt a small breed as it eats less.
“As calculated, US dogs and cats consume as much dietary energy as ~62 million Americans, which is approximately one-fifth of the US population. Although there are fewer dogs and cats in the US than people, they derive more of their energy from animal-derived products (33% ± 6% vs. 19% for people). Thus, if pets’ consumption was included in calculations, the US would be equivalent to a country of ~ 380 million in terms of raw dietary energy consumed and a country of about 690 million in terms of animal-derived energy consumed.”
The study glosses over the fact that many animals eat meat that is not safe for human consumption and would be otherwise thrown away. The study makes numerous mentions of the mental health benefits that pet ownership provides, but still concludes that reducing the number of pets in our society is for the greater good.
I am certain that those flying in their private jets to Davos are creating a larger carbon imprint. Around 100 companies are responsible for 71% of global emissions, but the average person must always be forced to change their ways. I do not put it past the extreme leftists to implement taxes on pet ownership.
Climate Change War – US v Russia
Armstrong Economics Blog/War Re-Posted Oct 27, 2022 by Martin Armstrong
As senior U.S. military officers deployed to NATO’s front line against Russia on the border with Ukraine have boasted that they are ready to join the fight. This provoked a response from Russia’s ambassador to the United States told Newsweek that such a move would bring about catastrophic ramifications. The commanders of the U.S. Army 101st Airborne Division who are now stationed just a few miles from the Romanian border with Ukraine are also making comments that they were ready to cross over in response to any escalation or attack on NATO.
This is all calling into question who the hell is the real commander and chief? President Joe Biden has repeatedly stated he was not going to send U.S. soldiers into Ukraine itself. The US has NOT sent troops to the borders of NATO since World War II. The National Security Council Strategic Communications Coordinator John Kirby rushed to then say that “nothing has changed about the commander-in-chief’s decision that there will be no American troops fighting inside Ukraine.” This is raising serious concerns about who is really in charge and do we have a military so eager to jump in that we end up in WWIII because of all of this nonsense.
Russian Ambassador Anatoly Antonov said, “we have already officially pointed out to high-ranking members of the US Government that such bravura statements by the U.S. Army commanders are inadmissible.” He further warned that Moscow would take these comments seriously. Behind the curtain, there is serious concern that Biden is just a puppet and has no idea that his administration is pushing the world to WWIII.
Antonov added: “We are not going to tolerate a situation where military threats are mounting on Russian borders… Direct participation of the U.S. military in the fighting will lead to disastrous consequences. I am convinced that further aggravation of the situation is not in Washington’s interests.”
There is absolutely no reason for the US to have troops stationed on the border. Russia is not interested in invading NATO and they too realize what that would mean. Stationing the Hard Rock Company, 1st Battalion, 502nd Infantry Regiment, 2nd Brigade Combat Team, 101st Airborne Division (Air Assault), only increases the chance of war just like in Vietnam. This has been the first time in nearly 80 years that troops have been sent in this manner.
The Russian ambassador Antonov warned that “Washington is becoming increasingly involved in the conflict in Ukraine, turning the country’s territory into a battlefield with Russia.” If Russia sent nukes to Venezuela or stationed troops in Mexico, I seriously doubt the US would stand by silently.
Our War Model globally turned up in 2014 as I laid out at the 2011 World Economic Conference. I have warned that history will call this the Climate Change War. The Biden Administration is being run by climate zealots telling us our pets have to eat bugs along with us and they want to impose a federal tax to even have a pet of several thousand dollars to reoccur annually no less. These zealots want to wipe out Russia because they produce energy and that is 50% of the GDP. Having Ukrainians die for climate change is no problem – there are too many people anyway.
Even the Cuban Missile Crisis on a 51.6-year calculation turned back up on May 4th, 2014. The next 8.6-year wave will be 2023.008 which will be January 3rd, 2023. The peak of that wave will then be 2027.308 which is April 9th, 2027. These people have reignited the U.S.-Russia rivalry intensifying to levels not seen since the Cuban Missile Crisis of 1962. Zelensky is sacrificing his country for money. You do not put your entire nation at risk for a strip of land that has always been occupied by Russians for centuries. He takes his orders from the Biden Administration and it is public knowledge that he was told not to negotiate for peace.
These Climate Change Zealots are bringing the world to complete disaster over total nonsense when Climate Change has been a natural cycle for millions of years. They ignore the history of the planet past 1850 because they want to simply blame everything on the Industrial Revolution. They have confused pollution with climate change and will not address that there have been warming periods and ice ages without people driving their SUVs.
The military always wants war. They get to play with all their cool stuff. They have been using Ukraine to study Russia’s tactics and weapons. This has been a fantastic learning experience for the military. The problem this time, one Russian nuclear sub can surface offshore and fire 60 nukes and we will not be able to shoot them all down.













