Switzerland to Imprison People for Heating Homes


Armstrong Economics Blog/Climate Re-Posted Sep 15, 2022 by Martin Armstrong

Imagine going to jail for three long years for heating your home or business. That now may become a reality in Switzerland, where heating your home above 19 C (66.2 F) is considered excessive and a punishable offense. Water may not be heated above 60C (140F), and saunas and hot tubs powered by radiant heaters are prohibited. Indoor swimming pools also must remain cold.

Markus Sporndli, a spokesman for the Federal Department of Finance, said that people could be charged a daily fine of 30 francs for disobeying, but the fee could spike to 3,000 francs. The government is warning that there could be “spot checks” and said they would send authorities if someone reports a resident or business for breaking the law. Switzerland imposed fines and expected neighbors to turn on one another for COVID, and this is yet another power grab.

The law is still being finalized, but this is yet another way for the government to turn the common person into a criminal. The government, not the people, created this energy crisis and now demands that the people suffer for their mismanagement. Some are calling these measures “Green fascism” or “ecofascism.”

Historian Michael E. Zimmerman defined ecofascism as follows: “a totalitarian government that requires individuals to sacrifice their interests to the well-being of the ‘land,’ understood as the splendid web of life, or the organic whole of nature, including peoples and their states.” Expect to see this trend rise as temperatures decline.

British News Broadcaster ITV Creates Gameshow for Desperate Viewers to Win Chance to Have Energy Bills Paid


Posted originally on the conservative tree house on September 5, 2022 

Yes, it’s like something out of a dystopian ‘hunger games’ movie, except it is unfortunately real life.  ITV News in Great Britain is running a wheel-of-fortune type marketing campaign where desperate viewers can call in for an opportunity to spin the wheel and win having their energy bills paid.

Comrades, it is not a spoof, this actually took place today and it looks like it will continue due to popular demand.  UK citizens are facing astronomical increases in energy bills as a result of the EU green climate change agenda in combination with Russia halting the export of natural gas.  The price of natural gas increased 30% today alone as Russia cuts off supplies completely.  Europe is on the brink of the worst economic recession in history.

ITV steps in with a promotional effort that shows just how bizarre this Build Back Better future has become.  Perhaps next week viewers might be able to call in for a chance at winning extra food rations, chocolates or even gasoline.  Here’s a video to show what is happening.  WATCH:

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Good luck comrade citizens, you too could be a winner on the wheel of survival.  It’s all in good fun comrade. Smiles everyone, smiles.

The World According to Schwab?


Armstrong Economics Blog/Economics Re-Posted Aug 25, 2022 by Martin Armstrong

QUESTION:  Dear Mr. Armstrong,
First, thank you for all the wonderful work you do. I have been following your blog for many years and am always amazed at your insight and historical knowledge. I had a question regarding your assertion that the WEF/ Globalists will not win. I am assuming you mean that their vision of a worldwide Chinese-style technocracy run by the United Nations will not take hold. But if we are also looking at the certain breakup of the United States from which there is no turning back, a defeat in WWIII with China and Russia as they win and rise to be the main players on the world stage, are we not losing everything, anyway?
How will we ever hope to restore peace, liberty, democracy, and prosperity as most American citizens understand it if China and Russia end up controlling everything, and our country is left permanently fractured and therefore weaker?
Again, thank you for everything you do to help people understand what’s coming down the road. Your insight is always invaluable.

EM

ANSWER: All we can do is look at history. As my mother used to say, There’s a time and place for everything.” What we are looking at is simply the natural cycle of the rise and fall of nations. Schwab will fail with Soros, and their dream of a one-world government is absolutely stupid, and it illustrates that both are totally ignorant of history or humanity. Just look at Congress. They vote on party lines. There is no agreement, and you really expect that the world can be brought to a one-world government?

The EU is not working, and that was the very same theory. The old tensions and distrust go back centuries in Europe. The Germans refused to join if all the debts were combined, and now you have countries complaining that one pays more in interest rates than another. Here is the former head of France stating in Parliament that the entire idea of the EU was that this one-European government would end all European wars. This was pushed by Schwab and Soros.

The EU Commission came to our 1997 WEC in London. I warned them that this would fail without the consolidation of the debts. They said that they just had to get the euro in and then worry about the debts later. I tried to explain the crisis to Kohl, but he would not listen. He would not even put joining the euro to a vote, knowing that the German people would reject the whole idea.

When Rome fell, it broke up into fiefdoms. The barbarians issued coins that imitated that of Rome. They pretended to be Roman, for they wanted the air of that civilization. There was no unity — all separated enclaves. It was not until Charles Martel (c. 688–741), who established the Caroline dynasty, where Charlemagne (747–814 AD) was eventually crowned as Emperor of the Holy Roman Empire by the Pope. Do you see the trend to create unified states once more?

Therefore, following the collapse of Rome, it was the typical cycle of 31.4 x 8.6 years = 270 years before we began to see the rise once again of formal civilizations. Europe had broken apart into simple fiefdoms that were not united. The unification came only because the Arabs began to seek the conquest of Europe and Charles Martel began to rise up to defend when became Europe once again after the Battle of Tours. He unified the Franks into a nation-state.

When Charles died, he divided Francia between his sons, Carloman and Pepin. Charlemagne came to power under Pepin. Pepin’s death opened the door to civil war as the conflict between his heirs and the Neustrian nobles who in turn sought their own political independence.

While the silver denier became the coin of Europe during the 8th century, it was not until the 13th century that we see gold reemerge as coinage. In actual Europe, that took nearly 800 years to pass before gold coinage reappeared.

However, after the Great Monetary Collapse of gold in the Byzantine Empire in 1092, it took 172 years for good gold to reappear in Europe. When Constantine founded Constantinople in 330 AD and moved the capital of the Roman Empire from Rome to his new city, which is now Istanbul, the seat of power shifted from Byzantium back to Europe. That interval was again about 800 years.

Columbus was trying to get to India, which was the financial capital, for it moved to Asia after the fall of Byzantium. That is why he calls the Americans “Indians.” He chose the wrong Greek mathematical who thought the world was round but smaller than it actually is. Columbus’ discovery of America was by sheer accident.

The West will fall and fragment. I do not see the US being occupied by Russia and China. There will be no one-world government. That is NEVER going to take place. Even in the aftermath, when the West has fallen, you will then see Russia and China become foes. Cycles are inevitable. So the world, according to Schwab, is the dream of a fool who ignores human nature and history.

Argentina Raises Interest Rate to 69.5%


Armstrong Economics Blog/Socialist Re-Posted Aug 15, 2022 by Martin Armstrong

Argentina is out of options. I reported on the ongoing widespread protests occurring across the country. The majority of the nation is unemployed, and the currency is basically worthless. The people can no longer rely on the socialistic promises as the government is unable to fund its programs. Basic necessities are no longer available, and the people are suffering.

After inflation reached 60%, the nation decided to stop printing money entirely. The central bank just voted to raise the benchmark rate by 950 bps to 69.5%. Inflation now sits at 71% after prices rose 7.4% in July.

Estimates state that inflation could reach 90% in Argentina by the end of the year. The government has run the economy into the ground, 6 feet under, and it will need a complete overhaul for the people to begin living comfortably again.

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.

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.

European Union Pushing for Mass Surveillance


Armstrong Economics Blog/European Union Re-Posted May 16, 2022 by Martin Armstrong

Censorship is now normalized in the West. The European Union has concocted its own way to spy on citizens under the pretense of protecting children from predators. The “chat control” law, if passed, would permit the EU to access private, chats, emails, text messages, and calls. The program will even allow the government to view messages sent on gaming systems such as X-Box. We have reached dystopian levels of mass surveillance.

The legislation would allow the government to view communications in real-time. The European Parliament passed a similar law in July 2021 on a smaller scale. This new adoption would no longer be voluntary and will involve the entire population. There were opposing members when the initial measure passed in July, and 72% of EU citizens said they opposed mass surveillance.

German Pirate Party Member of the European Parliament Patrick Breyer called it “totalitarian logic” and warned that “our post, our smartphones or our bedrooms could also be generally monitored. Unleashing such denunciation machines on us is ineffective, illegal and irresponsible.” That day has now come as the union is requesting unlimited access to our private lives.

Edward Snowden warned that this breach of privacy would span across the globe. The government no longer needs warrants or probable cause. If you ever feel alone, remember that the government is always there with you.

Boris Johnson’s Stupidity – Who is the Only Statesman Standing?


Armstrong Economics Blog/Russia Re-Posted May 2, 2022 by Martin Armstrong

Russia TV called out Borris Johnson for threatening to launch nuclear weapons against Russia. As they aptly warned that Borris has simply lost his mind that the UK is a very small island and one long-range nuclear weapon will wipe out the UK from the face of the planet. They also point out that they can simply detonate one offshore that would create a tsunami that would also wipe out the UK.

As one reader pointed out, strategic nukes and tactical nukes are different in classical terms of “strategy” and “tactics”. The long-range strategic nukes are long-range (ICBMs, SLBMs, BTW launched, etc.) and generally used for a large-scale assault, whereas tactical nukes are short-range (smaller artillery-launched) and less powerful (relatively speaking, of course). Russia could use a tactical nuke and wipe out Kyiv without destroying the entire country. That would at least shut up Zelensky and he will never get to spend the $850 million he has already allegedly stolen post-war with the blood of his own people to keep the money flowing which he is stuffing offshore in the traditional fashion of Ukrainian politicians. In the US, they go in broke and leave as millionaires. In Ukraine, they strive to leave as billionaires.

Russia is correct that just one nuke would wipe out Britain and Scotland. Just what the hell is going on here with these braindead leaders in the West is unimaginable. I spoke with a Congressman this morning and the sad state of affairs was that I was told that there is little expertise on Capitol Hill for the cold war generation seems to have retired. That is not helped when we have a senile President who seems to be rambling and will simply sign whatever they stick in front of him and needs the Easter Bunny to direct him and turns to shake hands with people who are not there.

Nobody wants to discuss the fact that Kyiv sent its army to begin the Civil War against Donbas on April 15th, 2014. It was called the “Anti-terrorist operation.” I have stated that I have personally known people on both sides from Kyiv and Donestk. I have listened to the sheer hatred of Russians that stems from the days of Stalin who killed 7 million Ukrainians by starvation (see the film Mr. Jones). It is understandable that Ukrainians would hate Russians and that includes those in the Donbas. Likewise, the ethnic Russians in the Donbas feel oppressed and hated based entirely on their ethnicity. Bute the Western Neocons just hate Russians so their story of Donbas is never told in the Western press.

As I have pointed out, the Russian scholars have been debating this issue for decades trying to answer the questions (1) who is Russian and (2) what is the territory of Russia. Stalin was not Russia – he was Georgian. Lenin wanted to maintain the USSR and the Russian Empire which each state retaining its sovereignty. Stalin disagreed and demanded USSR be one country and terminated Lenin’s idea of a quasi-United States of Russia.

Putin has cancer and he is undergoing surgery. His number 2 is Nikolai Patrushev who is much more hard-right than Putin. I am deeply concerned that Putin may not make it to 2024 and if that is the case, these insults the West keeps hurling at Russia have not only severed all relations, and the direct phone line set up after the Cuban Missile Crisis t was to ensure that the leaders could always communicate to avoid war. Biden has virtually thrown the phone out the window.

Despite all the propaganda that demonizes Putin, those behind him are FAR WORSE for they are no different than the Neocons in America who just cannot sleep at night as long as Americans are still breathing. Our war cycle post-2024 appears to be the worse period. I fear that Putin will no longer be in charge and then we will see the real rage of Russia and how it has been treated by Biden and Europe. Russia will celebrate defeating the German Nazis on May 9th.

As Glen Greenwald pointed out on Twitter, “Noam Chomsky, in an interview this week, says “fortunately” there is “one Western statesman of stature” who is pushing for a diplomatic solution to the war in Ukraine rather than looking for ways to fuel and prolong it. “His name is Donald J. Trump,” Chomsky says. ” Indeed, in my discussions, ironically there seems to be ONLY one statement still standing and that is Donald Trump. All we have a war-mongers cheering on World War III. Not a single world leader is interested whatsoever in world peace. They have all deliberately lied about what the Ukrainians have been doing against the ethnic Russians for they have killed over 6,000 civilians in this relentless war. Nobody can now stand up and even acknowledge that Putin was not lying or that he was even the slightest bit correct. Nobody will talk about Zelensky and how he has now polarized the Middle East as well as fueled the old hatred against the Jews. If you have not noticed, the countries surrounding Israel are aligning with Russia, not the USA and the EU.

Trudeau Admits He Does Not Understand Basic Math


Armstrong Economics Blog/Canada Re-Posted Apr 27, 2022 by Martin Armstrong

In an old video that has resurfaced from Justin Trudeau’s days as a West Point Great Academy teacher, the now prime minister admitted that he struggles with basic math. “I have a slight learning disability…that was never addressed,” the 29-year-old teacher stated. “I am dysnumeric,” Trudeau said after self-diagnosing why he cannot understand small math problems. Trudeau said that his learning disability did not prevent him from later teaching children mathematics. “Dysnumeric” is not a medical term, although there are learning disorders involving numbers.

Trudeau admitted he could not remember phone numbers. He said that he was still unsure of his multiplication tables.

Ironically, Trudeau says, “Questioning as a skill is not taught anymore.” Perhaps it is so that tyrants like Trudeau can invoke martial law over a peaceful protest and shriek at people to stay inside and trust the ever-changing “science.” Feasibly his revelation explains why he thought only a “fringe minority” of Canadians wanted to escape his COVID restrictions. He goes on to say that he also does not understand computers, but that his skill is teaching the youth how to think. “It’s not about teaching facts anymore,” he admitted years ago. It is about manipulating the people to trust what government claims is factual and implementing penalties for anyone who questions the status quo. It is no wonder that Schwab scooped Trudeau up to be one of his Young Leaders.

Armstrong on USA Watchdog April 12th, 2022


Armstrong Economics Blog/Armstrong in the Media Re-Posted Apr 16, 2022 by Martin Armstrong