Lord, what fools these Ukrainians Be!

Armstrong Economics Blog/Ukraine Re-Posted Mar 23, 2023 by Martin Armstrong

I get hate mail from Ukrainian Nazis routinely now. They of course deny there are any Nazis ever. Yesterday it was “You are definitely on the wrong side of history” and of course calling all Russians “scum” while Ukraine walks on water and is so honorable it makes me sick. Here we have Zelensky bragging about how Ukraine will be the biggest bonanza in European history. As for the American “titans” lobbying for more destruction and death so they can make money, I can only warn them – what goes around comes around. They have no problem advocating drafting your children to die on Ukrainian territory for their lucrative construction projects.

Sorry – I only wish them what they wish to put others through for their profits and bottom line, When this is done, they will probably also flee to Dubai like Halliburton for the Iraq War to avoid American subpoenas. So jump up and down cheering war for dollars. I for one will not invest 1 cent in any company joining Ukraine. I lost most of my high school friends for Vietnam and their profits back then. Screw you and your manipulation of human lives for profit.

And as for Ukrainians, how blind do you have to be not to see the real enemy in home-grown?

White House Neocon Spokesman Admits – They Do Not Want Peace in Ukraine

Armstrong Economics Blog/Ukraine Re-Posted Mar 22, 2023 by Martin Armstrong

I have had two employees from Ukraine – Kiev and Donetsk. The one from Kiev just mouths the standard Ukrainian propaganda. If they give up the Donbas, they will then want all of Ukraine. The UK is deeply involved walking hand and hand with Biden into world war III. They have clearly crossed the Rubicon here and for no justification. Had they simply honored the Minsk Agreement and let the Donbas, which is ethnically Russian, separate from a regime that hates their guts the war would be over in 5 minutes.

Instead, Britain appears to have been planning to give Ukraine nuclear weapons with depleted Uranium. Putin has come out and warned the UK that “the delivery and use of depleted uranium missiles by the Ukrainian Armed Forces will be perceived as an attack against Russia with a weapon that has a ‘nuclear component’.” Putin elaborated:

“Today it became known that the United Kingdom, through the Deputy Head of the Ministry of Defense of the country, announced the supply of not only tanks to Ukraine but also shells with depleted uranium. It seems that the West really decided to fight Russia in the last Ukrainian not with words, but with deeds Russia will be forced to react once the collective West starts using weapons with a nuclear component.”

There are some who believe that Ukraine should just be nuked. Give the people 2 weeks to flee to Poland or Germany, and then nuke the region and make it unlivable. That is basically the legion that Rome certainly razed the city entirely, but there are no contemporary sources stating that the Romans salted the land to prevent the city of Carthage from rising a fourth time. The Greek writer from the 1st century BC, Diodorus Siculus, informs us that the city had been razed and Carthaginians destroyed. Horace informs us that after the city was destroyed, the land was symbolically plowed. Polybius in his “The Histories” makes no mention of the land being salted just that the city was completely destroyed. Appian of Alexandria does record that Carthage was reconstructed by the first Emperor Augustus (27BC-14AD) and to avoid the evil spells that were cast on the ground, Carthage was rebuilt in a different location.

Surely, if Russia nuked Ukraine that would kill the European breadbasket and it would guarantee Ukraine’s neutrality. Is that the only way to terminate this Neocon Proxy Way and save the world?

The three Punic Wars (264 BC–146 BC) between Rome and Carthage were a turning point in the history of the Mediterranean world and, more than any other conflict, the Second Punic War (218 BC–201 BC) appears to have been a defining time in Roman history. We also see the debasement in that coinage of Carthage as they waged war to defeat Rome. You can see the early silver coinage debased as the war unfolded.

As Hannibal marched through Spain and invaded Italy from the North, Rome issued its first gold coinage more as a symbol of wealth to the other Italian city-states that they should standby Rome and not join Hannibal.

On the Roman side, we also see the consequence of the war with the debasement of the silver quadrigatus, which was the Greek denomination of the didrachm they complied with for trade with the Greek world. Here too, we can see the cost of war is not just the lives lost, but also the inflation and the monetary debasement.

Hannibal’s war also forced Rome to establish the denarius, which was the weight reduction from the Greek standard of the Didrachm 6.5 grams to 4.0 grams in 211BC. Even though Rome won,  the lesson here is that sometimes wars result in the complete collapse of a monetary standard and the rebirth of a new currency. This is what we face. The Neocons care nothing about the economics, nor about the lives of the people they send to die for their arrogance. They are the worst of humanity and should be driven from governments on a global scale.

Indeed, King Louis XIV (1643-1715) was on his deathbed when he lamented.

“I have been too fond of war.”

Meanwhile, the arrogance of the Neocons trying to dictate to the world and ordering China not to help Russia, Xi’s trip to Russia had no other outcome but to support Russia as he called Putin a ‘dear friend’ as China now pushes back against U.S. power knowing full well the real agenda here is to weaken Russia and then for NATO to invade on any pretense to destroy Russia once and for all. This is the Neocon’s dream and they could care less about the Ukrainian people. I have warned that the Ukrainian people are there to be slaughtered for the glory of the Neocons.

French Worker Protests Having Impact

Posted originally on the conservative tree house on March 21, 2023 

Garbage is piling up on the streets, ports are blocked, fuel is running in short supply, transportation of essential goods and services have been brought to a standstill; these are the outcomes of a general labor strike that has been happening in France as a result of protests to Emmanuel Macron’s unilateral pension reforms.

It might seem like a small issue pushing the retirement age back two years for French citizens, but it’s not really about the pension reform – the bigger issue is about this “new democracy” in the aftermath of new powers assumed by the French president during COVID-19.

President Macron used a special constitutional article to push legislation through Parliament last week without a vote.  He now faces two efforts to engage a no confidence vote with only tepid support from his totalitarian allies in government.  The people of France are not only unhappy with the pension reform outcome, but they are also furious about the nondemocratic process – a familiar and growing sentiment that extends far beyond the borders of France.

While the protests did carry the customary French socialist-leaning violence, the issues underpinning the anger are felt by more than just the radicals.  The larger network of ordinary French workers has now begun using the power of the people to shut down the economics of society.

Trash is piling up in the streets as sanitation workers refuse to work {LINK}.  Ports and critical energy infrastructure like refineries are also shut down, and things are starting to get sketchy amid the social and economic fabric that generally goes unnoticed.  Indeed, you might say, ‘the peasants are revolting‘.

(Reuters) – Several French refinery sites were still blocked from delivering products after two weeks of strikes in France, causing production to be disrupted while the government requisitions workers at the Fos refinery, and power supply was also disrupted.

The industrial action is part of a nationwide movement against pension system changes that lift the retirement age two years to 64. The changes were forced through parliament without a vote last week.

The Normandy refinery operated by oil major TotalEnergies’ will be shut down on Tuesday due to the strike, a company spokesperson said, as the industrial action against the pension changes stretched into its 14th day.

Production disruptions at the other sites operated by TotalEnergies remained unchanged, the spokesperson added. About 36% of operational staff at TotalEnergies’ refineries and depots were on strike on Tuesday morning, the spokesperson said. (read more)

All of these tremors point to a larger issue in the background of “western government” policy.   Something is going to eventually erupt.  Government cannot keep a lid on the chaos they create forever.  Sooner or later a spark will ignite something… and it will not just be in France.

Do not focus too heavily on the weeds of any particular issue or nation lest we lose sight of the much larger dynamic.  One thing is most certainly assured; Chairman Xi and President Putin can see that larger dynamic clearly, and there’s abundant opportunity within the geopolitical unrest.

Western governments are being led by blinded ideologues working furiously in the background….

EU Central Bank Raises Rates Again Despite Weakened Banking Concerns – Supporting Climate Change and Assisting Central Bank Digital Currency Creation Most Important

Posted originally on the CTH on March 16, 2023 | Sundance 

The European Central Bank (ECB) raised interest rates again today, while simultaneously promising to support further bank bailouts that might come as an outcome of raising the rates again.   In the bigger picture there are two dynamics supported by the ECB playing out.

The first issue is the ideological effort to change the economic models based on climate change.  The Build Back Better (Green New Deal) policy, a traditional energy production control effort, is being supported by the ECB effort to shrink the EU economy to meet the rate of diminished energy production.  Make the economy smaller to meet the lower energy production rate.

Lowered energy production (oil, coal and natural gas) has raised energy prices; this is the fuel behind supply side inflation.  The Western policy created energy inflation is hitting every aspect of the EU, US and western global economy.  The prices of all downstream goods and services have risen dramatically as a result.  The European banks are not going to stop trying to make the economy smaller just because banks are failing.  That brings us to the second issue.

Like the first issue with BBB controls, the World Economic Forum action plan for government also includes the creation of central bank digital currencies (CBDCs).  The collapsing of the traditional banking system supports the agenda to create CBDCs.  Raising interest rates puts more pressure on already weak banks.  This is a feature not a flaw of the intent.

Shifting the economy from traditional oil, coal and natural gas is one aspect (climate change).  Shifting the banking system from traditional currency to central bank digital currencies is the second aspect (total govt financial control).   The banking instability is the crisis that facilitates the CBDC solution.   Ergo, continue raising rates and continue making the crisis more useful.

In the bigger picture, this is an ideological quest to fundamentally change the western economic model.  Support for that change is what we are witnessing as the EU central banks continue raising rates.  Ultimately, banks being controlled by government is the necessary step to achieve the second phase of the larger plan.

(Via Wall Street Journal) – FRANKFURT—The European Central Bank raised interest rates by a half-percentage point while promising emergency support for eurozone banks if needed, showing the policy makers’ balancing act as they seek to combat high inflation without aggravating strains in the financial system.

The ECB said in a statement that it would increase its key rate to 3%, following consecutive half-point rate increases in February and December. The 50 basis-point rise surprised analysts who had expected a smaller uptick given the tense market situation after the collapse of Silicon Valley Bank.

At a news conference, ECB President Christine Lagarde signaled the bank would be cautious about further rate increases, while stressing it stood ready to provide fresh liquidity to banks. Policy makers will make future rate decisions based on coming economic data, she said, a change from previously announcing plans for rate increases months in advance.

“It’s not business as usual,” Ms. Lagarde said. “It is not possible at this point in time…to determine what the path will be going forward.” (read more)

Meanwhile in the U.S., the Fed/Treasury plan is to do essentially the same thing by supporting the big banks with over $2 trillion in available backstop funding.  The Fed is celebrating the big banks supporting the smaller banks.  Ultimately, this is the banking system downsizing and getting more control with less players.

Washington, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, FDIC Chairman Martin J. Gruenberg, and Acting Comptroller of the Currency Michael J. Hsu:

Today, 11 banks announced $30 billion in deposits into First Republic Bank. This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system.  (LINK)

The implementation of a U.S. digital currency will become easier if there are fewer players in the banking system.  WATCH:

The Ukraine People Must Overthrow Zelensky to Save Their Country

Armstrong Economics Blog/Ukraine Re-Posted Mar 14, 2023 by Martin Armstrong

This is the former adviser to Zelensky, Alexey Arestovich, who quit in protest. He has publicly stated that “The west deceived Russia. They promised not to push NATO to the east, and they did. They turned Ukraine into a huge anti-Russian country. If I was in Russia’s shoes, I would have done the exact same thing.”

The West’s Neocons have exploited Ukraine to wage war against Russia, for the sole reason they hated Russia, and even with the fall of the USSR, they have never changed their views. They tried to stop Reagan from meeting Gorbachev. I found myself back in 1999 to seize control of Russia by having the bankers, led by Edmond Safra, blackmail Yeltsin to step down and hand Russia to the boy, Boris Berezovsky. They tried to get me to invest $10 billion into their Hermitage Capital Management. When I refused, even Boris tried to call me to persuade me to contribute to their cause. When I refused, Edmond stole $1 billion I had on deposit at his bank and the NY press supported the Neocons, as always.

Ironically, they began their manipulation of Ukraine in 2014. It was the Neocons, not the CIA with this plot. John McCain was there meeting even with the Neo-Nazis in public and promising the crowd that America will stand with them if they overthrow their government – Regime Change has always been their agenda. It has NEVER worked out even once – Vietnam, Iraq, Syria, Cuba, and Ukraine just to mention a few.

Where to Go?

Armstrong Economics Blog/Forecasts Re-Posted Mar 14, 2023 by Martin Armstrong

A lot of people have been asking where to go, what bank is safe, and what’s next? This is by no means over. The fiscal mismanagement is off the charts and we have a major clash with the Marxist views of the Democrats who always want to punish the rich and then ask them for funding. Only in the Democratic Party can you have a $ 10,000-a-plate fundraiser and preach how evil inequality is and that the rich must be held accountable.

Those who keep calling for a gold standard are clueless. To have a return to balanced budgets means that the Democrats will have to completely reform. They DO NOT know how to govern without class warfare. Politics has deeply divided the United States to the point that the only reasonable solution will be to separate between the blue v red. As Lincon said, a house divided cannot stand. That is becoming so obvious that there will come a day soon when that will be the case. There are over 30 civilizations that have come before us. Every single one has collapsed. We are merely waiting for our 15 minutes in the spotlight.

We must understand that things are far worse outside the United States geopolitically thanks to the Neocons who have done nothing by conniving endless wars. They are ruthless evil people who have no problem sacrificing your family for their political aspirations. Short term, as they create World War III, the dollar will be the strongest currency as capital always flees from a conflict. We really need to IMPEACH Biden, because he is a dangerous puppet who reads whatever the Neocons write on the cue cards. Then we really need to launch an investigation of these Neocons who have usurped US foreign policy for decades and are never held accountable.

Now, many people have asked what is a small bank. They are typically local regional banks. The problem is if they just make decisions based on the talking heads on TV, then they will face tremendous problems ahead. To be diverse, for now into 2024, you may want to look at US T-bills 30-day to the 90-day max. Not every bank is in trouble. You should ask if they publish their portfolio. The big risk is that money was basically free, and they were investing that long-term. But as rates have risen, they have suffered losses.

Why Most Americans Cannot Afford a Home – A Price Breakdown

Armstrong Economics Blog/Real Estate Re-Posted Mar 9, 2023 by Martin Armstrong

Are you too poor for the basic human necessity of shelter in Biden’s America? The average home price in Q4 of 2022 was $535,800, according to the St. Louis Fed.  If you live in a highly desirable area, expect to pay more. To simplify the math, let’s say that you are looking to purchase a $500,000 property. To heighten the fantasy, let us also pretend you are one of the rare Americans with zero monthly debt. This means that you do not have student loans, car payments, childcare expenses, medical bills, credit card debt, or any major outstanding bill. Fewer than 25% of American households are debt free and this number is rapidly dwindling.

Ok, so you decide to put 5% down on the house or $25,000 for a loan of $475,000. You manage to lock in a 6.7% interest rate for a 30-year mortgage under a conventional loan. Nationwide averages in real estate drastically undercut true averages due to the outliers, but the average annual property tax in America is around $3,000. I personally have not seen a property tax this low between FL or NJ, but I’ll attempt some optimism. After all, this should be a simple price breakdown that does not lead to a mental one.

We will average the PMI payment of 0.5% at $197.92 for 125 months. We will also incorporate the low home insurance average estimate of $1,000 annually. To be most forgiving in my calculations, I will also assume that your monthly HOA fee is $0. This is utterly impossible for anyone seeking to purchase a condo. In my area, the average HOA fee is $600 per month, and a $500,000 property will not afford you a single-family house. At best, you’d be lucky to find a two-bedroom property at that price point in my area. In contrast, home prices here were about 40% to 60% lower in 2019.

Therefore, the overall total monthly payment for a $500K home is $3,596.32. This home can be yours by 2053 if you close this year. Forget “starter homes” as once you are locked into a good rate, you will likely not leave. So how much income do you need to afford this monthly payment? The MAXIMUM debt that the bank will allow you to qualify for is around 50% of your total gross income if you have good credit. If you choose this method, you will be “house poor” and unable to afford other basic human needs. So based on these calculations, you would need to make at least $7,192.64 GROSS per month to afford this property and live “house poor.” This would equate to a salary of $86,311.68 per year BEFORE TAXES.

I did not factor in closing costs, inspections, maintenance, moving, or even furniture. So should you continue renting while establishing zero equity? The median rental price in America as of February 2023 was $1,978. Inventory is low, and landlords are compensating for the money lost during COVID moratoriums. Most leasing offices require tenants to earn 3X the monthly rental price, equating to a monthly gross income of $5,934. This has left countless Americans stuck on the rental carousel of paying the majority of their monthly income to the landlord and being unable to save for a future that includes home ownership. Landlords can raise rental costs yearly at whim, and there is no guarantee that you will comfortably be situated in your rental unit from one contract to the next. Rental properties have also begun charging fees for everything under the sun, such as repairs and parking, which was one of the reasons people chose this method.

Gone are the days when Americans comfortably paid ¼ of their monthly salary toward living expenses. We have not even touched on the astronomically cost of other basic living necessities such as food or energy. You must make a decent income if you want to buy a home in 2023. The bank does not care if you are unable to pay because they will simply take your house. Some are lucky enough to secure an interest-free loan from the central bank of mom and dad. Others, the majority of the Great Unwashed, are scraping by—YOU WILL OWN NOTHING AND BE HAPPY!

The Debt Crisis – What Really Falls to Dust?

Armstrong Economics Blog/Sovereign Debt Crisis Re-Posted Mar 9, 2023 by Martin Armstrong

QUESTION: The sales pitch seems to be that there is this $2 quadrillion in global debt that overhangs everything. Paper assets, therefore, will all implode!  They seem to be saying that everything has risen due to this debt bubble and it was all created with Zero interest rates. Now that they are going up, the debt bubble will burst and everything will decline. The story seems to be that this decades-long Boom Bust cycle was created over and over by the Federal Reserve. 

This seems to be like you have said, they try to reduce everything to a single cause and effect.

What really happens?


ANSWER: These people seem to keep preaching the same story but have no historical understanding whatsoever of how the monetary system has ever worked. Their focus on the Federal Reserve shows that they are not looking at the world economy and they do not even comprehend how bad things really are outside the United States.  They do not comprehend what is an interest rate. It is the compensation to a lender for his anticipation of inflation plus a profit. If I think the dollar will decline by 50%, why would I lend you dollars for a year if when you pay me back it buys half of what it did when I lent it to you?

Debt can be a performing asset. I advised many of the Takeover Boys during the 1980s. We would borrow in one currency to buy the asset in another using the computer to distinguish the long-term trends. I would not recommend that to someone just operating on a gut feeling.

We were also advising on real values, which Hollywood distorted and based the movie Wall Street with Michael Douglas and his famous speech on greed. What they did not really understand was that after a Public Wave that peaked in 1981, stocks were suppressed and the full-faith in government created the broadly supported bond market.  Hence – bonds were conservative and stocks were risky. There were two aspects that were behind the entire Takeover Boom.

First, I was showing these charts and how in terms of book value, the Dow Jones bottomed in 1977. It was obvious that if you could buy a company, sell its assets, and double or triple your money, then the market was obviously not overpriced. We had forecast that the Dow was undervalued and that it would rise from the 1982 low of 769.98 and test the 2500 level in two years in 1985. Indeed, it reached 2695.47 by September 1987. We also projected that by the next decade, the Dow would test 6,000 on its next rally.

Even the press in Japan was shocked. We were also projected that Crude would fall below $10 in 1998. Indeed, that forecast was covered by Mark Pitman at Bloomberg News. It bottomed at $10.65 in 1998. In gold would forecast that it would drop to test $250 by 1999 completing a 19-year cycle low. Then gold would rally to test 1,000. Gold reached the $1,000 level by 2008. The Japanese press thought those forecasts were wild, to say the least.

The SECOND aspect of our advice to the takeover boys of the ’80s was something the press NEVER understood. We would advise borrowing in one currency for an asset in another. We were able to turn debt into a performing asset. We would make 20-40% profit on the currency alone. Often, the press would just look at the debt and not understand what we were even doing.

Most of this reasoning stems from Sir Tomas Gresham’s observations when he represented England at the Amsterdam exchange during the reign of Henry VI’s reign and debasement. As Henry debased the silver coinage as was taking place in Spain, the more they debased the coinage, the higher the inflation took place. His observation that bad money drives out the good has been grossly misunderstood. When I was growing up, they took the silver out of the coinage in 1965.  People were culling out the silver showing that the debased new coinage of 1965 drove out of circulation the old silver coinage. The same thing has taken place with the copper pennings.

Because people hoard old coinage, the money supply shrinks. That then forces the government to issue far more debased coinage to compensate for the coinage that has been withdrawn from hoarding. Consequently, inflation unfolds for all tangible assets to rise in value as expressed in the newly debased coinage.

What these people always try to sell is the same old scenario that they cannot point to a single instance in history where everything collapses to dust but only gold survives. Such periods will typically result in revolution. When Caesar crossed the Rubicon, that was also all bout a debt crisis.

You must also understand that interest rates will be at their LOWEST internationally in the core economy of the Financial Capital of the World – which is the USA right now. The further you move from the center, the higher the interest rate will be. Hence, I have warned that the United States will be the LAST to fall – never the first. This is not based upon my opinion, this is simply historical fact.

We have interest rates back to 3000 BC and have studied the impact of such convulsions in economic history. As for the Debt Crisis that forced Caesar to cross the Rubicon, I suggest you read Anatomy of a Debt Crisis that appears, only Julius Caesar ever understood. 

The Bottom Line is very simple. There is just no such period as people describe where everything turns to dust and only gold survives. Even if that were true, they what good would the gold do if everything else is worth ZERO? Gold would have also ZERO value since nothing would have value.

The real issue is that as government defaults unfold, tangible assets will rise in value for the amount of money in debt always dwarfs that in even the stock market. We are in a Sovereign Debt Crisis and that is very different from a private debt crisis.

2032 & the Real Great Reset

Armstrong Economics Blog/ECM Re-Posted Mar 3, 2023 by Martin Armstrong

COMMENT: Marty; A lot of people are concerned that you may just say the hell with it all and move to your island in the Caribbean. A lot of us always stood by you and many more are joining the ranks. There are so many who claim to be brilliant analysts but it is just their opinion. Following their work does not help clarify anything and many have been touting the rise of gold and the demise of the dollar for years like a broken record. It is incomprehensible how they are still in business. This is the time you were born for. Your analysis is not opinion and we can all look at the arrays and see what is coming.

As you always say, we are all in this together. That also means we need you now more than ever to sort out the truth from fiction. Don’t lose your faith. After 2032, the world will open its eyes to all your forecasts and listen for the real great reset. So many people plagiarize your work pretending it is theirs. Schwab is just another such lowlife. A blind man can see his Great Reset is your 2032.


ANSWER: I appreciate what you say. It is hard at times to have been looking at the model all these years staring at these forecasts for a war that would begin in 2014 and then living through them. Never in my wildest dreams did I ever expect personally that the West would be the aggressor. Now I can see Neocons, who I even personally have known, are really in control of the Biden Administration.

It has been a serious problem with forecasting from a personal opinion perspective – it is impossible! Thankfully, we have Socrates and its impartiality has guided us through these times. Personally, I would never have expected any American administration to surrender our foreign policy to these Neocons who want nothing but war. Kennedy, Nic, and even Reagan all stood tall against them. Biden is just a corrupt politician who is senile on top of it.

Throughout the mid-Nineties, I confess I helped Bill Kristol launch his Weekly Standard. It became the most influential magazine in Washington. It was funded initially by Murdock. I took the back cover all the time during at least 1996 and ran a series of advertisements pushing serious economic questions to the forefront. I had even testified before the House Ways & Means Committee on taxation. I shuttled back and forth between the Chairman of that committee, Bill Archer, and the Majority Leader Dick Army who was supporting the Flat Tax. I even debated Steve Forbes at Princeton University on the subject of taxation. I also would write OpEds for the Wall Street Journal. I was asked to redesign Social Security. I worked on transforming Social Security into a wealth fund for the nation. I tried very hard to defeat my own model. I always lost. I could not prevent what it has been forecasting these decades.

I know people have plagiarized our reports and forecasts pretending it has been their opinions. The problem that will expose them will emerge when the unexpected unfolds as Socrates has been forecasting. Only Socrates forecast in 2013, one year in advance, that Ukraine would be the hot spot. We have warned this was where World War III would begin. I warned in 2014 that Ukraine should have been divided according to language. The Minsk Agreement of 2015 was a step in the right direction to avoid war. Only Socrates has forecast this war and the duplicity of Merkel and others has placed the fate of the world in crisis mode. I have put forth a way to avoid this, but I could not make that happen – so much for the influence the bankers have attributed to me.

During the 14th century, there were warnings in the form of rumors that told of a great plague in China and India that killed most of the populations there. The plague made its way to Europe when the Kipchak forces were besieging the Genoese trading post in Crimea. The Kipchaks began to catapult plague-infested corpses over the walls and into the trading post. The disease spread quickly and the Genoese abandoned the outpost. They sailed back to Europe stopping in Sicily in 1347 taking the Black Death with them.

Crimea has been the center of historical events for centuries, yet nobody seems to pay much attention to it. It has been settled, resettled, occupied, defended, and invaded perhaps more times than most countries and over a far greater period of time than most countries have ever existed. Coinage in Crimea predates even Russia and Ukraine never existed as a country before it broke away from the USSR in 1991.

So from a pure data perspective, what is taking place is nothing new to history. This is all in a database that monitors one action and works out the path of reaction, kind of like plotting the path of a hurricane. When you have a long historical database, that is the ONLY way to forecast that Ukraine would be the place where World War III begins. Such things can not be accomplished from a personal “opinion” perspective years in advance even before the 2014 Revolution in Ukraine.

I know Schwab’s Great Reset is our 2032. He is just trying to push the collapse in his direction of totalitarianism. He too will fail just as I have failed to prevent this forecast from unfolding. At the very least, everyone understands, this is NOT my personal opinion or forecast. This is Socrates’ – not me!