The Truth About Ukraine’s Failed Counteroffensive


Armstrong Economics Blog/Ukraine Re-Posted Jul 19, 2023 by Martin Armstrong

The American Neocons have been pushing for weapons and everything they can muster. They tell Ukraine they MUST get back the Donbas even though the people there are ethnically Russian and not Ukrainian. This would be like Mexico invading Texas, claiming it was their former border even though Americans live there. The Neocons want to believe that Russia is weak, so that is all they tell the press. How else to get Americans to support another endless war like they did in Vietnam?

Western weapons have proven not enough to give Kiev a decisive advantage to defeat Russia. Fighting in Ukraine has reached “a bit of a stalemate,” which is the first time a US Defense Intelligence Agency Chief of Staff John Kirchhofer told a conference in Washington. His assessment of Ukraine’s chances of actually winning this counteroffensive is about zero.

“Certainly we are at a bit of a stalemate,” Kirchhofer said, according to Bloomberg. “One of the things that the Russian leadership believes is that they can outlast the support of the West.”

Ukrainian forces have been unable to advance from Kherson to Donetsk since early June. They have failed to make any significant territorial gains against the Russians whatsoever. So much for the Nuland claims that weapons will defeat Russia. The Senate leader of the warmongers, Lindsey Graham, was willing to sacrifice every Ukrainian to defeat Russia.

Here is Graham cheering that it’s the best money the US has ever spent to kill Russians. They claim they are fighting for freedom when in fact Russia is not interested in conquering all of Ukraine. They are defending the Donbas which was supposed to have been granted the right to be free from Ukraine. Zelensky has destroyed his own country all to conquer the Donbas, occupied by Russians for hundreds of years. This has nothing to do with Ukraine’s freedom. It is the freedom of the Donbas — not Kiev.

If it were Americans in the Donbas, the US would also be there to defend them in a civil war had Russia instigated it. This is a sick individual who takes pleasure in killing Russians. This is how Americans are being viewed because we elect such people. He cares nothing about the loss of lives. This offensive cost Ukraine 26,000 men and over 3,000 pieces of military hardware in the first two weeks. Zelensky has publicly blamed the West for failing to provide enough weapons – including long-range missiles and fighter jets – to guarantee the offensive’s success.

UK Defense Secretary Ben Wallace reportedly told Ukraine that his country was not “Amazon” for weapons and that members of NATO wanted “to see a bit of gratitude.” The Guardian reported that Wallace said during the NATO summit in Vilnius that “whether we like it or not, people want to see a bit of gratitude” from Ukraine. Zelensky never bothers to say thank you. Wallace made the point that Zelensky is running through all the NATO stockpile of weapons. He is “persuading countries to give up their own stocks” of weapons and ammunition,” and that they also had “to persuade doubting politicians” that supporting Ukraine was “worthwhile” in its war with Russia. Wallace then added: “I told them that last year, when I drove 11 hours to be given a list, that I’m not like Amazon.”

The Neocons keep putting out propaganda that Russia is losing. The truth is that 20% of Ukrainian weapons were destroyed in just the first two weeks. To my shock, New York Times actually told the truth that 20% of Ukrainian weapons were destroyed in just two weeks.

All of my sources are saying the same time. No weapon system will change Kiev’s fortunes. Neither US-supplied HIMARS rocket artillery and cluster bombs, nor British Storm Shadow cruise missiles, have thus far tilted the battlefield situation in Ukraine’s favor, he pointed out. All of this has failed, yet Zelensky continues to push his country toward annihilation, all to profit from Blackrock and JP Morgan.

The Neocons keep claiming using the White House that the pace of Ukraine’s counteroffensive is progressing. Chairman of the Joint Chiefs of Staff Mark Milley said last month that Ukrainian forces were “advancing steadily,” but that progress would be slow and “very bloody.” This is simply an outright lie. There is no independent source on either side that confirms that outlook. The other Neocon spokesman of the White House National Security Council, John Kirby, told CNN last month that heavy Ukrainian casualties are “to be expected” but that Zelensky will continue to receive “the support he needs not just from the United States, but from 50 other partners.”

This is clearly propaganda coming from the White House, most likely at the direction of Victoria Nuland and crew refusing to acknowledge that their current war game is failing. The fellow Neocon Secretary of State Antony Blinken has repeatedly rejected the idea of Ukraine entering into peace talks with Russia. This is why India and France are turning their backs on the Biden Administration. They can see that the United States has undergone a coup, and the Neocons are in full control.

Russia maintains that Western arms deliveries will only serve to prolong the conflict without altering its eventual outcome. That appears to be an honest assessment from all my sources on both sides. This is why Zelensky wants F16s to escalate the war dramatically by attacking Crimea and Russia to provide a major confrontation to drag in NATO.

Western-supplied tanks and armored vehicles have all burned. Beginning in early June, Ukrainian forces launched a series of attacks all along the front line from Kherson to Donetsk. Advancing through minefields. That is what cost 26,000 men and more than 3,000 pieces of military hardware in just two weeks. Ukrainian losses were at their highest during the initial two weeks of the offensive. This was Ukraine’s 47th Mechanized Brigade – a NATO-trained unit – which by all reports, apparently lost 30% of its 99 Bradley Infantry Fighting vehicles in two weeks. Ukraian’s 33rd Mechanized Brigade lost nearly a third of its 32 German-made Leopard tanks in a single week. According to Russia, they destroyed a total of 311 Ukrainian tanks in two weeks. They claimed: “At least a third of them, I believe, were Western-made tanks, including Leopards,” was reported on Russia 24 TV.

This is why Ukrainian commanders decided to pause the counteroffensive. They simply lost so much. Zelensky acknowledged that there was a pause but blamed the West for failing to supply him with enough weapons and equipment for a successful operation. He omitted that some say he has lost more than one-third of all the weapons sent to Ukraine. Zelensky claims that the decisive phase of their counteroffensive has yet to begin. This, too, seems to be just propaganda.

Zelensky is running through ammunition like water, particularly 155mm artillery shells. Even Biden was forced to admit that “we’re low” on these shells, explaining that the shortage compelled him to send controversial cluster munitions in their stead, which is a war crime by all standards. What’s next? Tactical nuclear weapons instead of peace?

This is why there will be NO Real Election in 2024

The Neocons will NOT Allow their Loss of Power

There Worst Nightmare — Trump & RFK together

The Ungrateful Ukrainians – Screw You – We Will Do What We Want With Your Weapons


Armstrong Economics Blog/Ukraine Re-Posted Jul 19, 2023 by Martin Armstrong

So far, our totally impartial computer continues to point to World War III, and the American Neocons do not care about the country, our people, or anything other than defeating Russia despite the fact it is no longer a communist country. I have heard from Ukrainian sources that this is not about their freedom. If so, just let the Donbas vote democratically as per the Minsk Agreement, and the rest of Ukraine is free. They tell their people this is necessary because Russia will then want the rest of Ukraine. That is nonsense. Russia could have wiped out Ukraine in the first six weeks had they done what the US did to Iraq. That is why there are those in Russia who feel that their hands have been tied by Putin not wanting to take all of Ukraine.

We will provide Ukraine with cluster bombs and F16s, and they will use them to attack Crimea and Moscow itself in hopes of dragging in the entire world. The Neocons are running the White House. And until the press starts looking beyond the nonsense from Biden as if he is really making these decisions, the future will only get darker with each arms shipment.

Nigel Farage – War on Cash


Armstrong Economics Blog/Cryptocurrency Re-Posted Jul 11, 2023 by Martin Armstrong

WEF Seeks to End Private Car Ownership by 2050


Armstrong Economics Blog/Great Reset Re-Posted Jul 6, 2023 by Martin Armstrong

Goodbye car ownership, hello clean air: welcome to the future of transport,” the WEF published on its website back in December 2016. The first step is to transition cars to electric under the guise of climate change. This will cause all vehicles to be dependent on the electrical grid, which the government controls. Yet, they never planned to stop at electric vehicles. They want full control over you and where you go. It was announced at the Summer Davos that the ultimate goal is to end 75% of ALL car ownership, including electric vehicles, by the year 2050.

The WEF hopes that the masses will be living within 15-minute cities by 2050. Originally they wanted to accomplish this by 2030 under Agenda 2030, but they need to obtain complete control over the banking system first and usurp our essential resources so that we will be completely dependent on government for survival. “The Urban Mobility Scorecard Tool: Benchmarking the Transition to Sustainable Urban Mobility,” which was released last month, states 70% of the population will live within these urban areas by 2050. The three stated pillars to achieve this goal are governance, resilience, and connectivity. Schwab said it himself that he has already infiltrated government cabinets globally, and they are swiftly implementing regulations to make his dystopian utopia possible. The resilience pillar aims to overtake as much space as possible, which is why BlackRock has been steadily buying residential properties. Connectivity is more than simply aligning with governments, as that was achieved in the first pillar. Connectivity aims to integrate their tools of control into modern society. Digital IDs, currency, and social scores are coming.

Schwab claims that eliminating private car ownership will slash CO2 emissions by 3.9 billion tons per year. As a reminder, everyone flew on private jets and was chauffeured in limousines to Davos – they do not care about the environment in the slightest. There is a much darker motive at play that the public needs to realize. Free transportation will be provided in these 15-minute cities where most of the population will reside. Everyone will have a digital ID and social credit score. This is NOT about climate change — the goal is to eliminate the freedom of movement.

They can simply deny you access to your bank account with the push of a button. Without private vehicles, they can deny people access to public transportation to ensure everyone stays in place. The WEF does not think the human race has the right to freedom of movement. Everyone will be tracked and assigned a score based on how well they obey authority. Say they wanted to implement a climate lockdown for any reason at whim. Well, 70% of the population would then be guaranteed to stay in place with no alternative available. Took more trips on public transportation than your score allows? Entry denied! Didn’t take the latest vaccine? Entry denied! Governments across the globe are already on board to destroy society to BUILD BACK BETTER. They will make car ownership extremely difficult for the average person through taxes and regulations in the coming years. You will own nothing and be happy.

Summer Davos 2023


Armstrong Economics Blog/WEF Re-Posted Jun 30, 2023 by Martin Armstrong

Over 1,500 “global leaders” from 90 countries met in North China’s Tianjin municipality for the World Economic Forum’s Summer Davos. Chinese Premier Li Qiang opened the conference by discussing China’s economic success amid modernization. China’s growth is expected to accelerate during the second half of the year. The International Monetary Fund (IMF) foresees China alone contributing to one-growth of global GDP in 2023.

Klaus Schwab began by praising the CCP for achieving complete control over the population through COVID lockdowns and social credit scores. China implemented one of the strictest lockdown policies in the world. People were barricaded in their homes without warning or time to prepare. The Zero COVID policy caused businesses to shutter and interrupted the global supply chain. China killed family pets that were suspected of contracting the virus. They flew drones around cities reminding the people to stay inside. Although scrubbed from the internet, many may remember seeing videos of Chinese citizens being carted off in windowless vans to quarantine detention camps.

China implemented QR codes and revoked all freedom of movement. The CCP prevented bank runs by altering QR codes and preventing depositors from even entering banks. People needed QR codes to buy food, board a train, or access any public area. They then heightened their social credit score monitoring by placing a mass surveillance system throughout the country that uses biodata to build a personal profile on nearly every resident. They are still fine-tuning this technology, but eventually, every resident will be a mere number in the data system.

China is leading the world in government surveillance. What better place to discuss the coming digitalization of the financial world? BlackRock partner Jeremy Allaire was in attendance. His company operated the USDC digital stablecoin. Allaire spoke on the importance of “public-private” Central Bank Digital Currencies (CBDC). “You could have a potentially […] darker world where the government decides that units of central bank money can be used to purchase some things, but not other things that it deems less desirable like say ammunition, or drugs, or pornography, or something of the sort,“ noted Cornell University professor Eswar Prasad at the conference. “Now we are at the cusp of physical currency essentially disappearing,” he continued.

The Great Reset requires us to surrender all control to one centralized power. They want to control every aspect of our lives, including how we spend what they deem to be money. They are ushering in a “dark world” where one centralized government will rule us all. Luckily, this plan will fail, but not without a long path of destruction.

WEF Lobbied Dutch Government to Push Great Reset


Armstrong Economics Blog/Great Reset Re-Posted Jun 28, 2023 by Martin Armstrong

reported that the Dutch government funded several studies that promoted major institutions buying land for rental units. I wrote that the government wanted to normalize permanent renting as we go toward Agenda 2030 and 15-minute cities. The University of Amsterdam published “Buy-to-Live vs. Buy-to-Let: The Impact of Real Estate Investors on Housing Costs and Neighborhoods” and found that the middle class was able to enter the housing market for the first time when not competing with big investors. Yet, they said a lack of institutional investment in real estate caused rentals to rise and was negative. The University of Oxford produced “Keeping Up with the Blackstones: Institutional Investors and Gentrification,” saying that white homeowners needed to be priced out of the market to combat gentrification. Real estate is one of many aspects the World Economic Forum is trying to take over to finalize the Great Reset.

Dutch MP Pepijn van Houwelingen, who is against the WEF, recently revealed how closely linked the sitting administration has become to the organization. He confirmed that the WEF lobbied the Dutch government to promote the Great Reset. Klaus Schwab wrote Dutch Prime Minister Mark Rutte a letter inviting him to the 2021 WEF Forum. “Underpinning it will be the process of the Great Reset, an unprecedented mobilization of actionable ideas from the Forum’s action groups, platforms and other initiatives to shape the post COVID-19 world,” Klaus wrote.

Houwelingen states that the WEF has “considerable influence” over the government, especially after the 2019 UN Sustainable Development goals agreement. The agenda is clear. The evidence is overwhelming. Schwab himself discusses his plans for a dystopian world in detail, and yet, people believe it is a conspiracy – wake up!

UKRAINE RECONSTRUCTION BANK – BlackRock and JPMorgan Chase Own Ukraine


Armstrong Economics Blog/Great Reset Re-Posted Jun 26, 2023 by Martin Armstrong

Zelensky has sold out Ukraine to JPMorgan and BlackRock. While everyone was distracted with trivial news stories, BlackRock and JPMorgan partnered with the Ukrainian government to “establish a reconstruction bank that will serve as a conduit for public seed capital to fund rebuilding projects.” They are aiming to steer “public steer capital,” government grants that do not require repayment, to their fund as well. This money comes from private taxes. The corruption goes extremely deep and will affect the global economy forever.

BlackRock has a leaked tape of a recruiter discussing RUSSIA blowing up Ukrainian wheat silos, causing wheat prices to skyrocket due to shortages. The employee said that Ukraine is great business for BlackRock. This reconstruction fund will require the two entities to restructure Ukraine’s national debt — they now own Ukraine. BlackRock claimed at the start of the war that they ceased investing in Russia. It dropped the “R” from its BRIC ETF and created a BIC ETF for Brazil, India, and China. However, both BRIC ETF and BIC ETF were weighted around 84% toward China, meaning BlackRock changed the name.

These are not charitable nonprofit organizations as the media is portraying them. How much do you think they will require in profits to rebuild Ukraine? The World Bank estimated that Ukraine would need $411 billion to rebuild after the war, but that figure goes up by the day. Every Western nation has its hand in the cookie jar and wants a piece of the plunder, sending off countless billions to ensure they’re part of the “reconstruction.” BlackRock and JPMorgan have been in discussions with Ukraine since last year. BlackRock CEO Larry Fink met with Zelensky in September 2022 to discuss how to profit off of the war, but BlackRock has been “helping” Ukraine since at least 2010.

Zelenskyy and Fink had “agreed to focus in the near term on coordinating the efforts of all potential investors and participants in the reconstruction of our country, channelling investment into the most relevant and impactful sectors of the Ukrainian economy,” CNBC reported in December 2022. This is why the war must go on and Zelensky cannot accept a peace offer. Zelensky has sold out the people of Ukraine and already lost his entire country. There is too much BIG money at hand for the war to stop. Our war cycle indicates tensions will pick up in 2024 – hold on tight. Expect false flags of Russia targeting wheat silos and soaring food prices. Everything is aligned with the Great Reset; this is the branch that is aiming to financially alter the world while others are working on destroying society from within. Ukraine must be destroyed to BUILD BACK BETTER the global financial system.

Fingerprint Cards AB – One BIG Step Closer to Digital IDs


Armstrong Economics Blog/WEF Re-Posted Jun 25, 2023 by Martin Armstrong

The World Economic Forum (WEF) quietly partnered with Fingerprint Cards AB, the world’s leading biometrics company. The WEF has been discussing combining biometric data with financial services since at least 2016. Fingerprint Cards AB, based in Sweden, specializes in digital security and aims to make humans “the key to everything.” The company has installed programs on nearly every device, from smartphones to smart homes, and relies on personal data to access accounts. This new partnership with the World Economic Forum is intended to push forward the digital ID system in the quest for total control.

The United Nations (UN) also partnered with the WEF to implement digital IDs. As their video explains, they will track you “from the day you join to the day you part.” The UN wants humanity to store all their data on their digital IDs and, as with all invasive technology, markets the program as a solution for simplicity. The World Economic Forum has long said that the push for the Great Reset would require the people to surrender their privacy. The technology from Fingerprint Card AB was the missing link.

This company will use biometric data such as fingerprints, iris scans, DNA, and even inserted chip devices to link all of humanity to one centralized banking system. Going a step further, the goal of a one-world government would provide one centralized group with the power to access this data. Socrates indicates this plot will fail, but the road to failure will be long and destructive. Everyone will be linked to this global database, and it will be impossible to participate in society without joining. The WEF wants digital IDs to link to personal bank accounts for ultimate control. Gone are the days when the superior army ruled. Whoever controls the data will control everything and everyone.

Dutch Study on Banning Investors from Buying Real Estate


Armstrong Economics Blog/Real Estate Re-Posted Jun 22, 2023 by Martin Armstrong

Dutch researchers at the University of Amsterdam and Erasmus released a study entitled “Buy-to-Live vs. Buy-to-Let: The Impact of Real Estate Investors on Housing Costs and Neighborhoods.” The study examined a legal Dutch ban on buy-to-let or rental investments. Researchers studied home prices, sales, and the demographics of residents in areas with this law. “Our results suggest rental investors influence local housing conditions primarily through changing the residential composition of neighborhoods rather than direct house price effects,” the study stated.

The winners here were first-time homebuyers in the middle class. Yet, home sales and prices remained stagnant. Again, we must remember this is an INVENTORY crisis. Mortgage rates in the Netherlands declined from 2008 to 2021, falling to a record low of 1.65%. Rates spiked over the past two years and are now around the 5% range. So like America, those who bought at low rates are less likely to sell now. There are also programs in the Netherlands that enable borrowers to borrow 100% of the property’s value.

“The ban has successfully increased middle-income households’ access to homeownership, at the expense of buy-to-let investors. However, the policy also drove up rents in affected neighborhoods, thereby damaging housing affordability for individuals reliant on private rental housing, undermining some of the intentions of the law,” the study found. It is really as simple as supply and demand – fewer rental properties will push up the prices of rentals on the market. However, less competition enables people to enter the housing market and own their homes, gaining equity, tax breaks, and security.

We see who funded the study. They want to normalize permanent renting as we go toward Agenda 2030 and 15-minute cities. The study mentions gentrification numerous times. Another university-based study also condemned private homeownership in support of the institutions. The University of Oxford produced “Keeping Up with the Blackstones: Institutional Investors and Gentrification,” which is an alarmingly racist study. This particular study found that institutional investors caused rentals and housing prices to rise, but they said that was a benefit because it increased “neighborhood diversity.” Let us be reminded that the majority of the population anywhere is not a minority by definition. The study is skewed completely.

“The reason for increased diversity is that some minorities benefit from the relaxation of borrowing constraints as a result of higher house prices and take out mortgages for home improvement, increasing the attractiveness of their homes; other minorities move in because more rental properties become available as institutional ownership crowds out predominantly white individual home ownership,” researchers at Oxford stated, noting that crowding out predominantly white individuals, and therefore the majority of the population, was a positive result.

Institutions frequently cite diversity as part of their mission statements. Freddie Mac did it when talking about ADUs, and BlackRock consistently talks about providing housing for minorities in the name of diversity. Read between the lines – they simply want to profit on rentals and block the majority from homeownership. This has nothing to do with gentrification or race, which is always something cited as a virtuous plight when in fact it is in itself racist to think someone could not afford a home based on their race. They try to divide us in any way they can. These mega institutions and the studies they fund want to shrink the middle class and divide us into the haves and have-nots.

Accessory Dwelling Units Grow in Popularity


Armstrong Economics Blog/Real Estate Re-Posted Jun 19, 2023 by Martin Armstrong

The push for the 15-minute city is underway. Accessory Dwelling Units (ADUs) are becoming increasingly popular as cities across the globe are rezoning neighborhoods to permit additional properties to be built on the same land as existing homes. Some are now referring to these units as “backyard homes” as they are becoming a normalized part of life amid the housing crisis.

In January, Freddie Mac reported that 32% of people were interested in potentially building an ADU on their property. At the time, 71% of respondents were not familiar with the concept. In April, the company released a three-year plan to make these units widely available. They are marketing it as an attempt to help the poor, especially minorities, obtain home ownership. Will asking people to live on land they do not own really “eliminate disparities among Black and Latino communities?”

It remains to be seen how these ADUs will impact overall prices in a neighborhood, but one would imagine overcrowding would decrease overall desirability. I reported that BlackRock is the largest landowner in the US, holding over $120 billion in real estate.  “Our focus is on building single-family rental housing that can be managed and operated similar to multifamily properties with dedicated property management, leasing and amenities,” the company’s website states. “Additionally, BlackRock invests in multifamily properties, apartment complexes, and other residential real estate.”

BlackRock is a World Economic Forum partner working to usher in the new age of 15-minute cities where the masses are confined to designated areas. Absolutely nothing is being done to address the housing crisis that has made the prospect of homeownership a far-fetched dream for the next generation. Instead, the top is siphoning the power to control shelter and shelter costs. You will own nothing and be happy.