Armstrong Economics Blog/Armstrong in the Media Re-Posted Jan 15, 2023 by Martin Armstrong

Check out the video above or click here for part IV of my interview with Ryan McCormick of Outer Limits.

Check out the video above or click here for part IV of my interview with Ryan McCormick of Outer Limits.
QUESTION: Marty, I think Schwab’s great reset is all about your 2032. He seems to be a Socrates subscriber and is just trying to manipulate the outcome in his direction. What do you think?
Joe
ANSWER: I know, Many people have noticed this trend. This is coming up more and more. Back in 1983/1984, a major player there in Geneva was trying to buy my name to start Armstrong Brokerage. I was offered $5 million and told I did not have to do anything. It did not smell right. I declined. But they put on a huge party in Geneve to honor me which was really about trying to impress me with how powerful they were.
Back then, Geneva was like one masquerade party. You never knew who anyone really was. I ended up managing money TWICE for Muammar al-Qaddafi. Even Aristotle Onasis was a client. When Ferdinand Emmanuel Edralin Marcos fled the Philippines with the February 1986 revolution, that is when the FBI came to me asking me where Marcos had taken the $5 billion in gold reserves. I said I did not know Marcos. It turned out he was a partner with Qaddafi and they were part of the group behind trying to use my name for a brokerage house.
It was October 1985, when the Bank of England and the Monetary Institute of Luxembourg (Luxembourg’s bank regulator) ordered BCCI to change to a single accountant after they became alarmed at reported BCCI losses on the commodities and financial markets. They ended up coming to us for they lost a fortune with the turn of the ECM in 1985 and the Plaza Accord’s desire to manipulate the dollar lower. Geneva has always been a magnet for interesting conspiracies and the WEF appears to be in the middle of interesting times.
The Swiss government has sent in 5,000 troops to protect DAVOS. That is interesting and it does reflect the rising security problem that is surfacing because of Klaus Schwab’s insane authoritarian proposals. I have been told people will often have his photo up in gun target ranges. The lies are staggering. Zelenskyy told the Golden Globes audience: “There will be no third world war.” Back in March 2022, he said that World War III may have already begun. Then in June 2022, he was saying that Russia would invade Europe within a year. He manipulated audiences all the time. That is what he is good at. Some believe he is also in league with Schwab.
The report released ahead of the WEF’s annual conference was based on interviews with 1,200 members of the WEF including academia, business, and politics. They provided their views regarding major short- and long-term risks facing the world in the decade ahead. Naturally, they think that they can be activists to avoid these risks. They include the rising cost of living created by COVID and Russian sanctions, slow economic growth which cannot be solved with rising taxation, and tight global food and energy supplies which they are creating between the Russian sanctions and their anti-fertilizer war for climate change. They focused mainly on an ecological crisis. Some are calling this a ‘polycrisis’ which is defined as a cluster of related global risks with compounding effects.
The WEF report made the same case that while global cooperation is normally a “guardrail” against global risks, geopolitical dynamics in the first half of the 2020s stemming from U.S.-China tensions and the Ukraine war threaten to weaken international ties to tackle climate change and global development when they are most needed.
The WEF concluded:
“In the years to come, as continued, concurrent crises embed structural changes to the economic and geopolitical landscape, they accelerate the other risks that we face.”
It is an idea of Schwab’s that we even have the power to manipulate the future when in fact, it has been these very manipulations that are causing the problem. You have people already experimenting with shooting particles into the atmosphere to cool the planet. The company is named Make Sunset. It is experimenting on its own without any supervision or regulation that can screw up the entire planet all for climate change. What if this entire idea of manmade climate change is wrong? The New Yorker warned we are moving toward using particles to block the sun last November. We can be destroying civilization and sending the earth into an Ice Age with just a couple of volcanoes. Thank you Schwab for making your insanity worldwide acceptance.
I do not know if Schwab’s “Great Rest” is rebranding our 2032 ECM. Perhaps, since whatever I do he seems to copy. But the difference is he sees this as an opportunity to force the resolution into his world of authoritarianism. I believe the solution is to try Democracy just once and end career politicians. He is trying to train and install politicians everywhere to force his ideas upon the world. The one thing that is certain is that 2032 will mark the end of Republic forms of government – the most corrupt in human history.
Will a modern-day Caesar emerge to cross the Rubicon to defend the people and end our corrupt republics all over again? Will the elite assassinate him as they did to Caesar as this coin boasts of Brutus that he killed Caesar on EID MAR (Ides of March, 15th, 44BC)?
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.
Many people have written in and asked why have I been unable to convince governments to avoid war. Quite frankly, they think they can win and more importantly, they need this because the entire socialistic system is collapsing. They rely on people buying their bonds year after year with no intention of paying anything back. This is just our time to collapse the same as communism collapsed in 1989 in China and Russia. We have run our course and the clock is running out of time. This is the 34th year since 1989. Socialism will collapse. It has no other choice here in 2023.
I have received videos from Ukrainian soldiers who are threatening to go after Zelensky. I was not given permission to post them so I do not want to get anyone in trouble. They are dying in far greater numbers than the rigged press is reporting and they are freezing.
Strategically, the US is attempting to create the Asian version of NATO aligning with Japan and the Philippines to rely on their soldiers to fight China. Meanwhile, in China, there is absolutely no question that they are preparing to take Taiwan and I believe this was accelerated by the Biden Administration (1) abandoning the one-China policy maintained since Nixon and allowing Pelosi to fly to Taiwan just ahead of the elections in China which was an absolute brain dead stunt. Consequently, China is gearing up for military action to take control of Taiwan because the Biden Administration has actually called their bluff. President Xi Jinping secured a historic third term last year and has made it clear he plans to retake Taiwan. Pay attention in May.
Meanwhile, with respect to North Korea, we would have to take into account their 1.2 million-man Korean People’s Army, which is organized into nineteen corps-sized units, including nine infantry corps, four mechanized corps, one armored corps, one artillery corps, the Pyongyang Defense Command, Missile Guidance Bureau and Light Infantry Instruction Guidance Bureau. More than half of these forces, particularly the mechanized, armor, and artillery forces are located near the DMZ, making an early cross-border assault unattractive. Kim and Putin have come to an agreement and will support each other. On the 72-year anniversary of the Koren War when they prevailed against the United States, Kim condemned “aggression moves” by Washington and Seoul, vowing to take revenge at a time of rising tension on the Korean Peninsula. Here too, it appears that Kim is preparing for war against at least the South and possibly expanding into Japan – a hated enemy.
The Middle East is heating up with Iran preparing for war against Saudi Arabia. This has prompted even Israel and Saudi Arabia to consider a joint defense agreement. Meanwhile, Iran and Russia have come together to also form an alliance. We may also expect that Syria will join on the side of Russia in the Middle East.
Looking at Iran just from the 1979 confrontation taking American hostages, the turning points for the last three waves, which are always the most intense, lined up with the 2014 turn on the Global War Model. The next wave was November 3rd, 2022 and here we see widespread civil unrest. In fact, the United Nations called it a critical situation on November 22nd, 2022.
The world is dumbfounded as to why in the hell we have world leader cheering war on every continent. I put forth a solution, some did not like it, but there is no other way out of this other than Schwab’s “Great Reset” which is really all about defaulting on all the national debts, the end of socialism, and the push for a one world government to end democracy so government retains power. Under my solution, the government would relinquish power. They did not like that. Schwab’s way leaves it necessary to create World War III, reduce the population escapes the pension liabilities, and start over with a new Bretton Woods II.
In 2008, British Prime Minister Gordon Brown joined French President Nicolas Sarkozy and German Chancellor Angela Merkel in calling for better regulation of global financial markets.
“We urgently need what you might call the ‘new Bretton Woods,’ so that we can restore confidence in the system while dealing with the areas that have been exposed in recent weeks.”
I posted this video 5 years ago. It has only gotten worse.
The leftist press immediately claims that any assertions of a rigged election in Brazil are as baseless as the Hunter Biden laptop. Our model shows that the election was in fact bogus and it was in a series of global elections that are being rigged to create this global leftist agenda. For any newspaper to immediately proclaim Bolanaro left the country amid “baseless” claims shows that they are just propaganda and part of the agenda.
Our model showed a serious Directional Change would take place in 2023, but we are looking at the complete collapse of Brazil and a major revolution unfolding in 2030. Leftist governments have ALWAYS, and without exception, resulted in declining economic growth. NEVER has even just one ever produced any economic benefit to the whole of any nation. Brazil has sealed its fate and it will take the rest of the continent with it. South and Central America have been plagued with Marxism and that is why the continent has been unable to rise from its knees. Even the Pope has been infected with this philosophy which is why he is always commenting on the economy rather than religion. This has led to many Catholics now saying – He Ain’t My Pope.
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.
Zelensky is just an actor and he has been playing the entire world into handing him money without any accountability. He claims he is fighting for freedom and democracy when he refuses to comply with the Minsk Agreement which falsely was to allow those in the Donbas to vote on their own future. Now he has empowered his government to shut down all dissent. Upon his return from meeting the Biden Administration, he took back some needed advice – restrict ALL media, block ALL websites that expose the truth, and order Big Tech to censor all negative comments about him or Ukraine. This site is not blocked even in China – it will be in Ukraine. So much for freedom, democracy, and free speech.
It was Kyiv that started the war by sending troops to attack the Donbas in 2014 and that was the West’s installed “temporary” government that started the war – not any elected Ukrainian government. Zelensky was elected promising to pursue peace and end corruption. He has done exactly the opposite. So much for campaign promises. They always say whatever they need to win, and then do the exact opposite. When Zelensky was elected, the Russian press cheered. They thought this actor would actually seek peace.



Belarus has issued a Draft for all men 18 to 60 years old. This war that our leaders are determined to create is going to be beyond anything previously contemplated. Even the US will most likely adopt a draft and it will be highly probable that it will be to at least to age 45 but perhaps even higher.
The Ukrainian people are FOOLS! Zelensky has been paid off to sacrifice his entire country. He is the modern-day Judas betraying his own people for a handful of silver. The West wants this war and they are using the Ukrainian people as cannon fodder to weaken Russia before they make their invasion to seek justice and retribution for Ukraine. There was a Donbas Referendum of 1994, in which the whole world turned a blind eye to those people who have been denied basic human rights because they are ethnically Russian. This is a premeditated war that they need to collapse the monetary system and get to create Bretton Woods II with digital currencies and sovereign debt will all simply evaporate.
Welcome to the real world that these people are openly trying to create where they solidify their authoritarian control and the end of any right to vote.
In the aftermath of the 2020 election House democrats led by Nancy Pelosi directed a national pantomime from Washington DC that extremists were running amok and terrorizing congress. The January 6 Committee was intended to further establish that narrative.
Pelosi called up the national guard, put fences and barbed wire around congress then installed metal detectors, all as part of the theater for manufacturing the domestic violent extremist narrative. The media engineered the supportive narrative and the ridiculous pantomime continued throughout the past two years. However, as congress now changes hands and republicans take control, the fences are taken down and the metal detectors are being removed.
Colorado Representative Lauren Boebert highlights the return of normalcy. {Direct Rumble Link} WATCH:
Rep. Boebert: “We’re turning Pelosi’s House back into the People’s House.”
However, against the backdrop of revelations from the Twitter Files where the intelligence apparatus, Dept of Homeland Security and FBI were part of the government operation to influence public opinion, the possibility of an FBI inspired and coordinated attack against the Capitol is now more likely than previous.
COMMENT: Marty, I am impressed. Your contacts are unsurpassable. You put out two months ago that Ukraine lost 100,000 soldiers. Some did not believe you. It turns out that was classified information. Ursula von der Leyen, the head of the EU, had released a video and then edited it deleting that very information at the request of Zelensky. All this is to hide the fact that Ukraine has been losing the war as you said. With its armed forces down at least one-third.
Here is the video that is now going around. You also said that Bucha was another false flag where Ukraine killed Russian Ukrainians and left their bodies on the streets to blame Russia. You said there were videos that NATO had and was hiding. My hat is off to you. You really do have reliable sources.
Pete
REPLY: You have to understand that creating false flags is the #1 occupation of Ukraine. They shot down the Malaysia fight and tried to blame the Russians. They shot a missile into Poland and claimed it was a Russian attack on NATO.

On March 31, 2022, the mayor of Bucha was joyful in announcing that the settlement had been liberated. He does not talk about any corpses on the roads and the terrible destruction of mass graves. It was two days later when suddenly photos and videos of people lying along the road appear and horrendous stories about hundreds of dead being thrown in mass graves. These reports did not surface until two days after the Russians left. The Ukrainians were staging another false flag. Why did the mayor appear joyous and made no mention at first of these atrocities?
It is to the advantage of Zelensky who appears before every parliament he can ask for money. In Italy, he claimed Russians were capturing children and torturing them. That allegation vanished. He says whatever he can to get money. He could have just complied with the Belgrad and Minsk Agreements but he is determined to lead the world into war. The US Pentagon has come out and even said that they CAN NOT independently verify what took place in Bucha. There is no way to verify anything in Bucha and there are videos that show people laying in the street pretending to be dead with no blood and then there are videos showing they get up when the camera passes.
The Ukrainians are out to create World War III. They are desperately trying to get the West to invade Russia and their goal is to utterly destroy Russia and the Russian people who they hate passionately. Look at this propaganda video they used to tell the world Russians killed Ukrainian civilians. In this video, the bodies are people just laying down. You see no blood. , the “corpse” on the right is moving his arm At the 30th second, look in the rearview mirror. The “corpse” sits up! This is why the Pentagon remains silent. NATO has videos also confirming Bucha was a Ukrainian false flag. The rumor is that when the Ukrainians did enter Bucha, they themselves killed any ethnic Russian Ukrainians there.
All of this propaganda is to enrage the people to call for World War III. Zelensky has even called on NATO to launch nuclear weapons and wipe out Russia . Zelensky will destroy the Ukrainian people with this insanity. He is lying to the world about the devastation of the losses and is searching for a way to get NATO to invade Russia. He uses this propaganda to gain support worldwide. The US has handed him $113 billion when Russia’s annual military budget is at best $65 billion and Germany’s is $56 billion. The US is spending untold amounts of money for the total destruction of Russia.
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