Category WEF Build Back Better

Jul 6 2022

The Future – Post 2032 – A New Beginning?


Armstrong Economics Blog/ECM Re-Posted Jul 6, 2022 by Martin Armstrong

QUESTION: Will you explain what Socrates foresees for after 2032 at this year’s WEC in November? I’m more concerned about my grandkids. A lot of people seem to be plagiarizing you these days. But all they have to offer is an opinion and we all have opinions. Socrates has been the only thing that has ever been consistently correct.

TH

ANSWER: I have warned that the Economic Confidence Model and how markets even trade themselves is always fractal. We are completing the end of the BIG ONE. I think a lot of people are starting to see this too. The End of the World is by no means the END. It is just the point in history where it all begins again. We can see that Biden is probably the instrument of death, or should I say those who write his executive orders and cheat sheets. They are obsessed with climate change and are deliberately trying to destroy our capacity to produce and use fossil fuels. 

The hatred and division in our society is just insane. We have celebrities canceling the 4th of July over abortion. The very law that the Supreme Court ruled on limited abortion to 15 weeks. They seem to think they have the right to kill a child up to birth. Bette Midler started a controversy on Twitter by posting: “They don’t call us ‘women’ anymore; they call us ‘birthing people’ or ‘menstruators,’ and even ‘people with vaginas!’ Don’t let them erase you! Every human on earth owes you.” The world has gone insane, and all these labels only divide society, creating one group against another. This is the total destruction of society and these people are so stupid, that they cannot see what they are doing because of their own deranged views.

There is an ebb and flow to civilization. We all come together because it benefits all of us, and then it falls apart when one group begins to exploit another. This is the basic rhythm of civilization. As taxes are low and the economy booms in the city, the youth are attracted to the city and leave their parents on the farms or suburbs and head off to make their fortune in the world. Rome became the largest city in history, reaching a population in excess of 1 million by its peak in 180 AD. It had crossed that 1 million mark in 133 AD during the reign of Hadrian (117-138AD).

With the death of Marcus Aurelius (161-180 AD) in 180 AD, the decline and fall began just 51.6 years after it exceeded one million people. The crazy emperor Commodus (177-192 AD) followed his father. Like the Democrats today who attack anyone who supported Trump and are still running against Trump in 2022, Commodus did the same, and anyone who had supported his father he attacked. Today, Liz Cheney, who is as evil as her father in my opinion, is today’s Commodus. She is the destroyer of civilization, for her personal hatred of Trump is dividing the nation and will ensure that people like her will end the United States as we have known it. Cheney will unleash civil war if she really thinks that she can prevent Trump from running imprisoning over 300 people already for entering the Capitol on January 6. Not even their hated Putin even did that to protesters. This will lead to civil war.

Edward Gibbon wrote in his “Decline and Fall of the Roman Empire” about the son of Marcus Aurelius and how he set in motion the collapse of Rome. He wrote of Commodus (177-192AD):

“distinction of every kind soon became criminal. The possession of wealth stimulated the diligence of the informers; rigid virtue implied a tacit censure of the irregularities of Commodus; important services implied a dangerous superiority of merit; and the friendship of the father always insured the aversion of the son. Suspicion was equivalent to proof; trial to condemnation. The execution of a considerable senator was attended with the death of all who might lament or revenge his fate; and when Commodus had once tasted human blood, he became incapable of pity or remorse”

(Book 1, Chapter 4).

We see the same hatred spewing from Cheney’s mouth and with the Democrats. Nobody seems to understand what makes civilization work. They are dividing civilization for personal hatred and gain and in the process fulfilling the cycle that will end civilization as we know it.

Rome was the largest city in ancient times. It eventually collapsed to a population of just 15,000 during the middle ages. The city of London, England, was the first city to reach a population again of one million and it took nearly 6 waves of 309.6 years. London reached the 1 million mark in 1810 during the reign of George III (1760-1820) and in comparison, New York City finally reached that level in 1875 thanks to all the people fleeing Europe. We once again are approaching the peak in civilization and what will come after 2032 will be once more the disintegration of civilization.

Rome fell and broke up into small enclaves that ushered in the feudal system. People became serfs for the common protection of a landlord and his castle. We still retain the word “landlord” to this very day. We will see a new world where countries will no longer exist as we know them and they will all divide and separate into localized jurisdictions lacking the strength of central power.

There will be battles over separation. About 86 years from the peak of Rome, it was divided into three segments. Then there were battles to reunite the empire. Then Constantine divided the empire by moving the capital to Constantinople, which is today Istanbul. Even when Russia fell, it divided regions along the lines of the original countries that were conquered.

Globalization will come to an end and we’re already witnessing this with the Biden sanctions on Russia that have caused inflation and divided the world economy in two. We will witness a return to make the manufacture of various goods locally for each division as well as growing their own food. Energy may revert back to wood and oil for there will be no major power grids as they become localized.

Our population models suggest up to a 50% reduction perhaps as soon as 2040. The population is already shrinking and aging in all the major industrialized nations. Just as in ancient Rome, the first Emperor Augustus issued Family Laws because as an economy expands, the birthrate declines. We see many young girls professing they do not want children. This too is part of the cycle, but they will die alone for children historically were the foundation of civilization as they were charged with taking care of their parents. This is what socialism has done — destroyed the family unit.

I often am asked, how can we prevent the trend. Unfortunately, we cannot. It is far greater than anyone can correct. People like Jessica Chastain are all about them. Without children, her luxurious lifestyle will crumble and she will face the stark reality of how civilization has survived with children taking care of their parents. Even in China, the one-child rule significantly altered its future. While that has now been repealed, the damage long-term is profound.

This will be a NEW BEGINNING for civilization. We will get to rewrite the form of government of the future. This will be a 309.6-year Private Wave, which will be volatile, but our current form of Republics that pretend they are democracies are coming to an end. These are the most corrupt forms of government known in history. They will no longer exist. We will see an admixture of dictatorships/monarchies and democracies.

Jul 6 2022

Food War Video, Dutch Police Open Fire on Unarmed Farmer Driving Tractor Around Police Roadblock


Posted originally on the conservative tree house on July 5, 2022 | Sundance

Things are escalating quicky in the Netherlands [Backstory Here].  Video has surfaced of Dutch police opening fire with real bullets on an unarmed protesting farmer who drove his tractor around a police roadblock.  [Source and Source]

Several reports from the Netherlands highlight government efforts to stop Dutch farmers from protesting and blocking transit points.  As a result, Dutch farmers have been taking rural routes to their protest destinations and local law enforcement have been trying to stop them with police roadblocks.

Two videos appear to show large farming tractors, easily able to overcome traditional street curbs, driving around the one of the police roadblocks as a police officer opens fire and shoots twice at the second tractor.  An image of a bullet hole in the cab of the tractor appears to confirm live rounds are being fired at the farmers.  WATCH:

Bullet hole:

Second perspective:

.

You were right… just shoot them.

Jul 5 2022

Dutch Farmers Intensify Protests, Form Transit Blockades on Roads, Bridges and Ports, Angered by New Energy Mandates and Forced Livestock Reductions


Posted on the conservative tree house on July 4, 2022 | Sundance 

The politicians in Dutch government recently passed sweeping new climate regulations that will result in more than a third of farmers losing their business. The government announced a €25 billion plan to radically reduce the number of livestock in the country in order to curtail emissions.

As the Guardian reports, “A deal to buy out farmers to try to reduce levels of nitrogen pollution in the country had been mooted for some time,and was finally confirmed after the agreement of a new coalition government in the Netherlands earlier this week.” The plan is to reduce farming in the Netherlands, by a “one-third reduction in the numbers of pigs, cows and chickens in the country.”  However, the farmers are fighting back.

The unorganized grass-roots groups have been randomly blocking roads and transportation hubs for the past three days.  They have also been dropping truckloads of manure at the entrances of government businesses.  In a show of solidarity, the fishing industry is now blocking ports.  Additionally, the farmers are starting to block the distribution centers of supermarkets and key roads forming a cauldron where transit is at a standstill.

As grocery store shelves go empty, the government is now asking the military to intervene and stop the farmer blockades.  However, the Dutch people overwhelmingly support the farmers.  Things have evolved into a social and economic war between the farmers and Build Back Better government ideology chasing climate change goals.

(Reuters) – Dutch farmers angered by government plans that may require them to use less fertilizer and reduce livestock began a day of protests in the Netherlands on Monday by blocking supermarket distribution hubs in several cities.

Amsterdam’s Schiphol airport and KLM, the Dutch arm of Air France (AIRF.PA), have advised travellers to use public transport, rather than cars, to reach the airport, as farmers’ activist groups said on social media they planned to use tractors to block roads.

Several traffic jams were reported on highways in the east of the country and on ferry routes in the north, but none near Schiphol during the morning commute.

Dutch and European courts have ordered the Dutch government to address the problem. Farmers say they have been unfairly singled out and have criticised the government’s approach.  Monday’s protest is widely supported by farmers’ groups but not centrally organised.  (read more)

You can follow more on The Dutch Uprising HERE.

Jul 2 2022

European Union Inflation Hits Record 8.6 Percent for All Nations Using the Euro


Posted original on the conservative tree house on July 1, 2022 | Sundance 

It is interesting to remember the recent comments from Christine Lagarde, the president of the European Central Bank, who outlined the EU energy crisis as the heart of the current inflation rate in the eurozone.  Lagarde discussed inflation in Europe while drawing a distinction in COVID-19 spending between the EU and U.S.

Essentially, according to Legarde, the EU subsidized businesses to maintain employment; the EU covered payroll expenses during lockdowns, while the U.S. sent direct payments to the American people who were impacted by the lack of work (basically everyone).

Lagarde outlined this difference in spending approach to explain why the Eurozone inflation was less than U.S. inflation.

How long did that EU Central Bank explanation hold up? Approximately two months.

The U.S. inflation rate is currently estimated at 8.6%, and today the eurozone inflation rate just reached,…. wait for it,…  Yep, an exact match at 8.6%.

LONDON (AP) — Inflation in countries using the euro set another eye-watering record, pushed higher by a huge increase in energy costs fueled partly by Russia’s war in Ukraine.

Annual inflation in the eurozone’s 19 countries hit 8.6% in June, surging past the 8.1% recorded in May, according to the latest numbers published Friday by the European Union statistics agency, Eurostat. Inflation is at its highest level since recordkeeping for the euro began in 1997.

Energy prices rocketed 41.9%, and prices for food, alcohol and tobacco were up 8.9%, both faster than the increases recorded the previous month.

Demand for energy has risen as the global economy bounced back from the depths of the COVID-19 pandemic and Russia’s invasion of Ukraine made things worse.

European Union leaders agreed to ban most Russian oil imports by the year’s end, driving a price spike. The 27-nation bloc wants to punish Moscow and reduce its reliance on Russian energy, but it’s also adding to financial pain for people and businesses as utility bills and prices at the pump soar. (read more)

Keep in mind, the EU and the U.S. are both chasing the climate change energy shift as dictated by the World Economic Forum in the Build Back Better program.

If you factor in the dramatic impact in both the EU and the U.S. from energy policy; and then if you calculate the COVID-19 spending as a percentage of the GDP from both economies; what you will discover is the direct similarity that creates the 8.6% inflation match.

The EU spent less on their COVID-19 programs. However, as a percentage of their economy they spent about the same as the U.S.

Joe Biden spent more, but the U.S. economy is bigger than the combined eurozone.

The inflation hitting the EU is almost identical to the inflation hitting the U.S. because the Russian energy sanctions are almost identical in impact to the EU energy sector as Joe Biden’s energy policy (a blockage on energy development) is to the United States.

The current similarity in the inflation rate between the U.S. and EU is specifically because politicians in both regions followed the exact same instructions from the World Economic Forum.

The outcome is ironically a global synergy as the economies of the EU and USA start to collapse.

None of this is accidental.  All of this economic turmoil is running on an identical track -on a global basis- because the entire western plan was coordinated and followed.  What we are seeing right now is the outcome of the “Build Back Better” roadmap.  The “global inflation” is the outcome.

Jun 20 2022

Marine Le Pen French Nationalists Win 89 Seats in Parliamentary Election


Posted originally on the conservative tree house on June 19, 2022 | Sundance

The French parliamentary elections were held Sunday and delivered a surprising result for Marine Le Pen’s Rassemblement National party.   The RN won 89 seats, far beyond what would be needed (15 seats) to have a consequential impact in the assembly.

FRANCE – […] The results would severely tarnish Mr. Macron’s April presidential election victory where he defeated the far-right to be the first French president to win a second term in over two decades. 

The expected number of seats for Marine Le Pen’s Rassemblement National (90) amounts to a historic breakthrough. Only once under the Fifth Republic had the far right passed the threshold to form a group in the Assemblée (15 MPs), which allows for certain parliamentary resources and prerogatives.

The only time this happened was in 1986, when Ms. Le Pen’s father Jean-Marine Le Pen led a group of Front National MPs for two years. They were elected in the only ever legislative elections using proportional representation.

[…] Falling short of the majority forces Mr. Macron into tricky partnerships with other parties on the right to force through legislation.  There could now potentially be weeks of political deadlock as the president seeks to reach out to new parties. The most likely option would be an alliance with Les Republicans LR.

[T]he number two of far-right leader Marine Le Pen, Jordan Bardella, hailed her party’s performance as a “tsumani.” (read more)

“The Macron adventure has reached its end,” Le Pen said. The group of National Rally MPs “will be by far the biggest in the history of our political family.”  As a result, RN will be able to easily form a parliamentary group, which allows for more influence and speaking time.

Jun 17 2022

Russia Gas to Europe to Stop


Armstrong Economics Blog/Energy Re-Posted Jun 16, 2022 by Martin Armstrong

The Russian EU Ambassador has informed the EU that gas will stop through Nordstream because a turbine that was needed was stuck in Canada because of the sanctions. Then the biggest gas field in Siberia is now on fire. That can also provide an excuse to reduce gas delivery to Europe. This will also add to the reduction in gas supply to Europe This is making things very interesting. If Gas bottoms next week, we could be looking at much higher volatility thereafter. For now, a June closing above 625 will keep the market in a broader-term support position but a real breakout would require a close for June above 795.

Jun 16 2022

The European Debt Crisis 2023-2024


Armstrong Economics Blog/Central Banks Re-Posted Jun 16, 2022 by Martin Armstrong

The European Central Bank has announced that it plans to create a new tool to tackle the risk of eurozone fragmentation, which is the new term for divergence among member states. They are adopting this tactic out of fears of a new European debt crisis that is inevitable. From the very beginning when the EU Commission was charged with designing the Euro can to our conference in London in 1997, I warned that the promises that everyone would be paying the same rate of interest merely because they were creating a single currency was a complete fantasy. I further warned that this would lead to the collapse of the Euro if not the entire EU.

I explained that they were comparing the Euro to the Federal Debt of the US when the failure to consolidate the debts of the EU meant that the real outcome would be like the USA at the state level. A single currency did not mean that every state paid the same interest rates in the USA and that would be the ultimate reaction of the free markets. We are now in the 24th years of the Euro and its survival because deb stable post-2024.

The ECB’s decision has come as a surprise following an emergency meeting to address higher borrowing costs for many European governments on an uneven playing field. The ECB made a statement:

“Since the gradual process of policy normalization was initiated in December 2021, the Governing Council has pledged to act against resurgent fragmentation risks.”

“The pandemic has left lasting vulnerabilities in the euro area economy which are indeed contributing to the uneven transmission of the normalization of our monetary policy across jurisdictions,” 

The comments are trying to explain the recent surge in bond yields over the past week or so as capital is starting to smell a rat. ECB has implied a more aggressive policy tightening is coming but it still failed to deliver any new measures that would support the growing unrestrained debt load. With Green governments seizing power, and the absurd sanctions on Russia, it is hard to see where there is any understanding of fiscal management on the horizon.

European capital is now very concerned about financial “fragmentation” meaning the disparity among member states in interest rates. There is clearly a rise in rates in Southern Europe compared to northern. The ECB is now saying that it will “reinvest redemptions” from its emergency bond-purchasing program. So in other words, it will NOT reduce its balance sheet concerning bonds that are under pressure for that will force greater disparity ahead – i.e. fragmentation.

The ECB claimed that its commitment to the euro is its anti-fragmentation policy. They have said that this commitment “has no limits.” Previously, Southern EU states faced materially higher borrowing costs in the wake of the sovereign debt crisis back in 2011. This is a complete disaster for the failure to have consolidated the debt meant that their idea of one monetary policy for 19 different fiscal positions cannot possibly work. I tried to explain to them from the beginning that the 12 original branches of the Fed were independent and they would raise or lower rates depending upon the regional impact. It was Roosevelt who usurped that authority and created one rate for all in 1935 creating the new head branch in Washington.

The yield on the Italian bonds traded over 4% and has broken through the Downtrend Line. While people hope that the ECB’s announcement in this unscheduled emergency meeting means they will be in control, this is more like the 5-time-divorced soul getting married again for the sixth time confirming that hope can triumph over experience. The broader long-term is that borrowing costs will have nowhere to go but higher.

The ECB’s decision to reinvestment what it previously bought merely confirms that there is a serious sovereign debt crisis unfolding.

Jun 9 2022

WHO Do You Think You Are? Nations Reject Pandemic Treaty


Armstrong Economics Blog/Corruption Re-Posted Jun 9, 2022 by Martin Armstrong

All the world leaders supporting the Great Reset were eager to relinquish complete power to the World Health Organization (WHO). The WHO wanted to seize the ability to force health mandates on the global population. The Pandemic Treaty would have allowed the WHO to bypass national laws and implement their will on the people.

A message from the WHO:

The COVID-19 pandemic has exposed gaps in the governance, financing and systems needed to keep the world safe from epidemics and pandemics. There is an emerging global consensus around the need for an international treaty or other legally binding instrument, to provide the framework for a more coherent and coordinated response to future epidemics and pandemics.

Botswana was the first nation to say, “NO.” Then the entire continent of Africa declined to join the treaty, which is no surprise considering that these health organizations use their nations and people for experimental purposes. Russia, India, China, South Africa, Iran, Malaysia, and Brazil also rejected the treaty.

“National sovereignty is not something to be handed over to WHO or other entities and to be renounced just to join a club of seemingly advanced nations,” Brazil’s Bolsonaro said after threatening to exit the WHO. Former President Trump attempted to exit the WHO, but Joe Biden dragged America back into the organization. Trudeau does not care about the Canadian people and has continued to fight Parliament tooth and nail to hand his nation to Schwab on a silver platter.

We are not completely safe. “They have not given up though – far from it,” warned Queensland, Australia, Member of Parliament Stephen Andrew. “Instead, they did what they always do and ‘pivoted.’ At their request, a new working group was convened to make ‘technical recommendations on the proposed amendments which will [be] re-submitted along with the Pandemic Treaty, at the 77th Health Assembly meeting in 2024.”

One can hope that the voters will continue to elect leaders that fight for medical autonomy, as handing over full power to a corrupt organization will truly place us in a dystopian world void of freedom.

Jun 9 2022

Former Brazilian President Accuses Zelensky of Using War for Fame  


Armstrong Economics Blog/Politics Re-Posted Jun 9, 2022 by Martin Armstrong

Former Brazil’s President Luiz Inacio Lula da Silva speaks at Forca Sindical Congress in Sao Paulo, Brazil December 8, 2021. REUTERS/Carla Carniel

Former Brazil’s President Luiz Inacio Lula da Silva speaks at Forca Sindical Congress in Sao Paulo, Brazil December 8, 2021. REUTERS/Carla Carniel

Former President Luiz Inácio Lula da Silva, who plans to run again in the 2022 Brazilian Presidential Election, believes Zelensky is equally responsible for the ongoing war. “I see the president of Ukraine, speaking on television, being applauded, getting a standing ovation by all the [European] parliamentarians,” he said when speaking to Time. “This guy [Zelensky] is as responsible as Putin for the war.”

Lula believes Zelensky made a fatal misstep by failing to promise he would not seek to join NATO. Furthermore, he believes that he should have negotiated a settlement with Russia’s Putin long before the fighting began. “We should be having a serious conversation. OK, you were a nice comedian. But let us not make war for you to show up on TV,” Lula said, claiming the Ukrainian president simply wants more fame and attention.  

Current Brazilian President Jair Bolsonaro has not condemned Putin’s actions.  Vice President Hamilton Mourão claimed, “Brazil was not neutral,” but Bolsonaro quickly corrected that statement. “It is my decision, but I want to hear from people who are actually ministers to deal with these issues. We are for peace, we want peace. We traveled in peace to Russia. We had an exceptional interaction with President Putin,” he said, stating that Brail will not be taking sides. In fact, Bolsonaro traveled to Russia a week before the conflict began and spoke highly of his “friend” Putin.

Regardless of the West’s stance, Brazil does not appear poised to enter the conflict anytime soon. Brazil is likely more interested in securing lucrative deals with Russia now that they have been shunned from the global economy.

Jun 9 2022

Bolsonaro Implies Doubt on Biden Election Ahead of Latin America Summit


Posted originally on the conservative tree house on June 8, 2022 | Sundance

Brazilian President Jair Bolsonaro wasn’t just throwing shade at the 2020 election outcome for Joe Biden, Bolsonaro seemingly ponders the question about how many western leaders might be the result of WEF manipulated elections.  All things considered; it is a valid question.

SAO PAULO, June 7 (Reuters) – Brazilian President Jair Bolsonaro on Tuesday cast doubt on the 2020 election victory of U.S. President Joe Biden, just two days before they are due to meet for the first time during the Summit of the Americas.

Bolsonaro, an outspoken admirer of former President Donald Trump, said in a TV interview that he still harbors suspicions about Biden’s victory and he again praised Trump’s government.

In 2020, the Brazilian leader voiced allegations of U.S. election fraud as he backed Trump. Bolsonaro was also one of the last world leaders to recognize Biden’s win.

“The American people are the ones who talk about it (election fraud). I will not discuss the sovereignty of another country. But Trump was doing really well,” Bolsonaro said. “We don’t want that to happen in Brazil,” he added. (read more)

With the totalitarian comfort we have seen from multiple western governments’, in both scale and scope, it does make you wonder just how far they would be willing to go to retain power.   After all, there are trillions at stake.