Category Western Alliance V Eastern Alliance

May 17 2024

Russia to Test Missile off the Coast of California Tomorrow


Posted originally on May 16, 2024 By Martin Armstrong 

Missile Launch Ship

Putin keeps trying to warn the American Neocons that they are playing with World War III, which will be nuclear. They issued a Notice to Air Missions (NOTAM) that they will be firing missiles in a test just off the coast of northern California coast, thereby alerting pilots of Russian missile launches to LAND / IMPACT in the Oakland Air Route Traffic Control Center ((ARTCC). This will begin tomorrow and continue for 10 days. This is 300 miles offshore in international waters.

What Putin does not get is that our wonderful Neocons care nothing about the country, the people, and certainly not the economy. The Climate Change zealots in the White House agree with them and think reducing the population may be the only way to reach their NET ZERO target for CO2. He keeps warning – is this what you really want? They do not back down and want war so bad they can taste it in their sleep.

The first week of June in a Panic Cycle and the climate change nuts are punching for restrictions on travel this summer and the date is June 6th is what they are shooting for. They want to curtain your summer vacation this year to reduce CO2. If they can throw in war – fantastic! The only question they indeed to ask after World War III – Did we get enough of them to save the planet?

Nov 21 2023

With Trillions at Stake, the Cleaving Is Becoming Tenuous


Posted originally on the CTH on November 20, 2023 | Sundance 

When I say the cleaving is becoming tenuous, do not take that expression to indicate the Western global alliance will back down, they will not.  However, as the fracturing of the global economic systems cleave into two very distinct formations, the citizens forced to live in the Western control system are going to experience a secondary position of life that will be entirely new.  Within that dynamic, the political leaders are increasingly isolated; that’s the real ‘non-pretending’ story as expressed.

We have followed this modern construct around the issue of energy production for quite a while.  More recently, those who control the systems have become more desperate because the consequences have become far more visible.

In the big picture the world is separating, cleaving into two polar economic regions based on energy use.  The yellow team, following the WEF climate change agenda and deploying all economic tools to shift wealth and control populations; the carbon tax is at the end of this rainbow.  The grey team are continuing to exploit traditional oil, coal and gas development and provide cheap and abundant energy products; economic prosperity is at the end of this managed transition.

Now, we are entering a phase of extreme consequence.  This is the inflection point when the Western Alliance is most vulnerable, because the people affected by the design are not happy with the outcomes so far.  The BRICS+ and traditional energy development nations are gaining geopolitical influence.  Can the Western Alliance keep their citizens complacent?  That’s the question.

LONDON — World leaders will touch down in Dubai next week for a climate change conference they’re billing yet again as the final off-ramp before catastrophe. But war, money squabbles and political headaches back home are already crowding the fate of the planet from the agenda.

The breakdown of the Earth’s climate has for decades been the most important yet somehow least urgent of global crises, shoved to one side the moment politicians face a seemingly more acute problem. Even in 2023 — almost certainly the most scorching year in recorded history, with temperatures spawning catastrophic floods, wildfires and heat waves across the globe — the climate effort faces a bewildering array of distractions, headwinds and dismal prospects.

[…] The best outcome for the climate from the 13-day meeting, which is known as COP28 and opens Nov. 30, would be an unambiguous statement from almost 200 countries on how they intend to hasten their plans to cut fossil fuels, alongside new commitments from the richest nations on the planet to assist the poorest.

But the odds against that happening are rising. Instead, the U.S. and its European allies are still struggling to cement a fragile deal with developing countries about an international climate-aid fund that had been hailed as the historic accomplishment of last year’s summit. Meanwhile, a populist backlash against the costs of green policies has governments across Europe pulling back — a reverse wave that would become an American-led tsunami if Donald Trump recaptures the White House next year.

And across the developing world, the rise of energy and food prices stoked by the pandemic and the Ukraine war has caused inflation and debt to spiral, heightening the domestic pressure on climate-minded governments to spend their money on their most acute needs first. (read more)

If the WEF/Obama/Globalists had lost the 2020 election, this wouldn’t even be a consideration right now.  Then again, that’s exactly why they went to such extremes to regain footing through the weaponized manipulation of the 2020 USA election.

This is yet another ‘Biden is disposable‘ overlay.  The multinational corps (World Bank, WEF, etc), who are posed to financially benefit from the ‘climate change’ agenda, need to keep the purchased Western politicians on track.  The sheeple foot soldiers now have years of indoctrination behind them – they will play a critical role.

The economies of Russia, China, Iran, Brazil, Saudi Arabia, South Africa, Egypt and the expanded BRICS+ nations are all well positioned to grow, as the U.S, Canada, Japan, Australia, New Zealand and the EU are well positioned to shrink.  The smaller “own nothing and be happy nations” will see even more of their wealth assemble in the top tier of the control system.   This is by design.

The Western Alliance will have smaller economies overall, but the scope of the wealth will be assembled in a smaller group of people.  The result is more money in fewer hands, and that is entirely the objective.  From that position, control becomes easier and the socioeconomic ramifications then begin to take place (social scores, energy equity, etc).

What is shared in that link above is really the outline of how the management of the system becomes more tenuous as people within the Western Alliance start to awaken to the reality of what is creating their misery.  Ultimately, this is why the climate control people view Donald Trump as their greatest adversary.

Biden has no clue; he’s just doing what the Blackrock Inc group tell him to do, in order to support their advanced investment allocations.   Climate Change is a hoax similar to the Biden election victory.

Aug 28 2023

Interview: THE CLUELESS GOVERNMENT ARE THE PROBLEM AND THEY WILL CRASH AND BURN


First Published on One Radio Network on Bit Chute at 20:12 UTC on August 22nd, 2023.
Jul 19 2023

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

Jul 7 2023

Climate Change Lockdowns Are Coming?


Armstrong Economics Blog/Climate Re-Posted Jul 7, 2023 by Martin Armstrong

QUESTION: There has been talk that Trudeau will use the fires to claim a climate crisis, and that will justify lockdowns again. Is there any truth to these rumors?

FS

ANSWER: There is definitely the idea of using climate change to justify lockdowns. However, this is really not for climate change but for crowd control. They are well aware of the rising discontent civilly, which historically produces revolution. They are pushing for world war III for two reasons.

First, it will be the excuse to default on all sovereign debt as they are also attracted to the Schwab-Soros solution of a one-world government. If that is the case, then all previous sovereign debt will be null and void. The United States did that with the debt of the Continental Congress when they created the United States. That’s why you can collect the revolutionary currency that was never honored.

Secondly, they fear revolution is in the wind. In order to prevent that from taking place, they need to restrict all travel, censor social media, and lock us down using climate change as the excuse.

You may not know it, but at the Paris climate summit, they REFUSED to allow anyone to testify who disputed their agenda. That was the start of this Cancel Culture. The Guardian published the truth, perhaps ahead of schedule. There are those pushing for lockdowns every two years to meet the Paris requirement of ZERO CO2. Everyone’s future is to change, and they never ONCE allowed anyone to ever vote on this agenda. These people understand that civil unrest is on the rise. They desperately need a diversion. Russia is providing that for now.

Video

Will people support this war against Russia and draft people to go to Ukraine? Will that be the turning point? Are you willing to send your children or yourself to fight for Ukraine over the Donbas, which is the home to Russians, not Ukrainians, for hundreds of years when it does not impact our lives? They know there will be resistance. If it is too great, you will suddenly see the need for climate change lockdowns.

Jun 21 2023

The Most Expensive Climate Initiative in US History


Armstrong Economics Blog/Climate Re-Posted Jun 21, 2023 by Martin Armstrong

Five years ago today, Greta’s handlers announced that the world would end on this precise date. All of humanity would be wiped out entirely. Yet, here we are. Climate change has become the ultimate tool for governments to funnel money. Biden announced on Monday that the US will spend nearly $600 million on climate change initiatives. No one voted for this money to be allocated toward changing the weather, and hundreds of areas desperately need attention and funding, not to mention the massive debt crisis. Not so coincidentally, this utterly unnecessary funding package will allocate most of the budget to blue states. This comes a few months after Biden sent ONE BILLION to the United Nation’s Green Climate Fund.

“The funding will support innovative coastal resilience and adaptation solutions, such as building natural infrastructure, planning and preparing for community-led relocation, and protecting public access to coastal natural resources, that protect communities and ecosystems from sea level rise, tidal flooding, hurricanes, storm surge, among other severe climate impacts,” the Biden administration commented. No amount of money in the world will prevent hurricanes, storms, or naturally occurring weather events. I have posted about how the likes of Obama and others who cry about climate change have beachfront properties since they know it is a lie. So where is this money after tragedy strikes? It takes states months to rebuild after a hurricane, landslide, or other natural disaster because the money is funneled through countless organizations where everyone takes a slice of the pie.

This is a significant amount of money; Americans should be outraged. The largest climate package in American history occurred under Biden in August 2022, with a price tag of $430 billion. It helped absolutely no one. There are no checks and balances. Biden is spending taxpayers’ money on a fake initiative with no end in sight.

Most importantly, Biden is set to meet with his donors this week who support and profit from climate change initiatives. The POTUS is blatantly using federal funds to secure donors. How is it legal for a sitting president to campaign with taxpayer funds?

Jun 17 2023

Kim Iversen Interviews Martin Armstrong


Armstrong Economics Blog/Press Re-Posted Jun 17, 2023 by Martin Armstrong

Unlocking the Future: Martin Armstrong’s Remarkable Predictions of Economic Cycles and Wars Amidst Relentless Persecution

Jun 9 2023

Has the World Simply Gone Mad?


Armstrong Economics Blog/Uncategorized Re-Posted Jun 8, 2023 by Martin Armstrong

 The indictment of Trump federally confirms what our computer has been warning about for the 2024 election – there will be none – at least a fair one at that. Never has any former president running for office been targeted and the Department of Justice has been completely weaponized. All for documents that he clearly had no intention of handing to some foreign enemy. They had to do with the stolen election and Hillary using the intelligence agencies to even spy on Trump when in the White House.

I do not say that as a Trump supporter. We have Hunter Biden who has committed crimes that anyone else would be in prison for and the IRS and DOJ have been protecting him. You have the FBI brought to the brink of contempt for refusing to release documents that could justify not just impeaching Biden, but charging him with Treason. The point here is that these are the tactics normally seen in banana republics and even Ukraine where the former president is somehow always criminally charged to eliminate opponents in the future.

Yet none of this matters anymore. The media has committed treason and is doing everything to destroy this country by refusing to EVER just be balanced anymore. All we get is endless propaganda and with the Canadian fires, they will not even ask how did all these fires start simultaneously and whether will they be used for now Climate Lockdowns to further destroy our economy?

V

Remember Schwab’s cheering on how great lockdowns were for society? This is why we now have a Commerical Real Estate crisis for they deliberate;y used the lockdowns to stop commuting to work to reduce CO2. They had no basis in mitigating COVID. Now people were compelled to work Virtually and that killed offices which was their end goal. While kids are back in school, physical local stores are doing better than expected, and even retirees have started to return to cruise ships. But the primary target was to undermine small businesses and terminate office buildings in general.

Commercial real estate is in far worse shape than most care to look at. Offices buildings are struggling and the implications set off a contagion that will engulf banks, landlords, municipal governments from a tax perspective, and individual investment portfolios. The economic damage from the lockdowns is far-reaching and it is due to make everyone sit up and say OMD post-2024.

This will be the next real estate crisis and this one will invoke a catastrophic change that will not come back anytime soon. There is nearly $1.5 trillion of US commercial real estate debt that comes due for repayment before the end of 2025. This impact the larger banks and many assume that the defaults of banks have been driving the cash from regional banks to the big banks in hopes of stemming this tide.

During the first quarter of 2023, U.S. office vacancy topped 20% nationally for the first time really since the Great Depression. Then there are cities that have embraced WOKE to their detriment and are witnessing the worst. In San Francisco, the vacancy rate in the first quarter of 2023 climbed to 29.4%, up from 27.6% in the fourth quarter of 2022. Manhattan has a vacancy rate of n the first quarter of 2023 at 22.2% according to Cushman & Wakefield.  Dallas has been absorbing the flight from California so its vacancy rate is 18.7% according to Cushman & Wakefield.  The commercial vacancy rate in Miami, Florida office market has an overall vacancy which has been declining counter-trend to the rest of the nation falling now to 15.8% according to Cushman & Wakefield. In Chicago, Class-A vacancy rate stands at 19.3% while Class-B vacancy jumped to 28.3% according to Cushman & Wakefield.

These figures understate the severity of this crisis. While Biden’s staff is stuffed with LGBTQ which overrepresents their portion of society, we are hanging by a thread economically. You have the standard people running around screaming the sky is falling and selling all stocks. But selling stocks is typically followed by the flight to quality which is government debt. Yet somehow that seems strange in the period of a collapse in the confidence of government.

Meanwhile, Ukraine is the MOST untrustworthy government on the planet. The United States intelligence learned of a Ukrainian plan to attack the Nord Stream natural gas pipelines three months before they were damaged last September by underwater explosions, The Washington Post reported on this citing leaked information posted online. The damn they blew up and tried to blame Russia just so happens to also impact the water supply of Crimea.

It was Ukraine which blew up the dam because it would cut off the water supply to Crimea. Everything also results in Zelensky demanding more and more money from the world. He is “shocked” that the Red Cross and the UN are not pouring money into Ukraine for disaster after every disaster they create. This is the man determined to draw in the entire world to destroy Russia. When we foolishly give them F16s, they will attack Crimea and we will have World War III.

Meanwhile, the losses of Ukrainian troops have exceeded 200,000 according to reliable sources inside Ukraine. This is why NATO is actually looking at sending in ground troops for Ukraine is losing badly. Nato countries now say that they may be willing to put troops on the ground in Ukraine if member states including the US do not provide tangible security guarantees to Kyiv. As I have warned, NATO’s only purpose is to create war – not peace.

Jun 8 2023

Will It All Explode by the Ides of May 2025?


Armstrong Economics Blog/Ukraine Re-Posted Jun 8, 2023 by Martin Armstrong

I know some people send emails alleging I am some sort of Putin supporter. Most of my sources come from inside Ukraine. There is NO government on this earth that EVER has 100% approval of its people. There are ALWAYS two sides just as we have in the polarization of the United States. Many have been forced to flee Ukraine. Zelensky has been forcing young boys to fight on the front line and they are inexperienced and dying by the thousands. Zelensky is wiping out a generation rather than simply honor the Minsk Agreement for the Donbas are Russians who they will NEVER accept anyhow. This is simply a land grab and he is destroying his country for the Neocons and will fly off to his estate in Miami to live like a king forever after.

I believe Zelensky is pure evil. He promised peace and is killing off an entire generation for his greatest European Investment of all time in rebuilding Ukraine with Blackrock – another evil private empire. His constant propaganda that Putin is evil will backfire. The Russian Presidential elections are scheduled to be held in Russia in March 2024. This will be the first round on Sunday, March 17th. If no candidate receives more than half the vote, then a second round will take place exactly three weeks later on April 7th, 2024. The winner of the election is scheduled to be inaugurated on May 7th, 2024. When we look at the computer, it has a Directional Change in 2024 and a Panic Cycle in 2025.

Absolutely NOTHING that comes out as news from Ukraine, NATO, or any mainstream media is EVER going to be the truth. NATO is really a terrorist organization. They exist only for war – not peace. Ask people who live in the former Yugoslavia how they were bombing civilians and the media covered that up as well. They have built this up all about how Putin is evil and Zelensky refused to allow even the Pope to mediate for peace saying you cannot negotiate with Putin. In truth, it is Zelensky who is the Judas and has sold out his own people for a handful of silver.

My fear is that Putin will step down and then we will see the hardliners take the helm. I do not see Putin there post-2024. The hardliners feel Putin has been too “soft” and had he simply invaded Ukraine instead of defending just the Donbas, then this war would have been over in 6 weeks using the same tactics the USA used on Iraq – shock and awe.

This does NOT look good for the future and these damn Neocons never consider what if they are wrong! They BS themselves into thinking Russia is weak and they can destroy it once and for all and divide it up into their EuroAsia and then turn on China. If the hardliners come in, they will do whatever is necessary to defend Russia against our insane Neocons like Lindsey Graham, Victoria Nuland, John Bolton, etc, etc. The United States will lose this war just as they did in Vietnam. People like Graham care nothing about the dead civilians who always outnumber the soldiers. He relishes the idea of washing his hands in Russian blood.

It was Ukraine that waged war on the Donbas calling them terrorists because they sought independence from Kiev which in itself sought independence from Russia. That was the pot calling the kettle black as they say.

It was John McCain preaching war and revolution at Maidan. What if Putin came to the USA and delivered a speech on January 6th calling for the overthrow of Biden? I seriously doubt that the American press would have looked at that very kindly. But our Neocons could care less about anything. All they want is endless wars.

Zelensky has done precisely the opposite of what he promised. The people wanted peace – not the destruction of their country. Zelensky is filling his pockets and as I warned from the very start, this would be the man put in place by the Neocons to begin World War III. Our lives mean nothing to the Neocons. They are absolutely evil people who cheer over the deaths of others. Communism fell. People like Lindsey Graham and John McCain never could stop their hating of Russians and Chinese. They should NEVER be allowed anywhere close to the government. Russia will defend itself and Putin has been the moderate. What comes after the next Russian election will not be moderate. Their Neocons are saying – See, I told you so. America is Evil! Thank you Lindsey Graham – there are people judging all Americans because of you.

C

Jun 6 2023

England to Roll Out Guaranteed Basic Income Pilot


Armstrong Economics Blog/BRITAIN Re-Posted Jun 6, 2023 by Martin Armstrong

England will provide thirty individuals £1,600 per month to study Guaranteed Basic Income, also known as Universal Basic Income (UBI). The pilot program will monitor these individuals for two years to see how they put the money to use. As I noted in the blog post about the Cloward-Piven study, there must be no conditions for true Guaranteed Basic Income to work. That means that those chosen will effectively receive a “free” government handout at the expense of the working taxpayers.

The working taxpayers in lower earning brackets will likely look at those receiving free handouts and wonder how they too can get in on the scheme. “This is a substantial amount. Universal basic income usually covers people’s basic needs but we want to see what effect this unconditional lump sum has on people’s mental and physical health, whether they choose to work or not,” Will Stronge, the director of Autonomy thinktank, told the Guardian. “Our society is going to require some form of basic income in the coming years, given the tumult of climate change, tech disruption and industrial transition that lies ahead. This is why building the evidence base and public engagement now is so important, so the ground is well prepared for national implementation.”

They are already setting the precedent for a need for a welfare state. They’re purposely using a small sample size of 30 so that they do not need to show the drain the welfare system causes on the system. Those behind the social experiment claim UBI could eliminate poverty and create a perfect utopia. There is not ONE example in history where socialism has worked. Global governments have exacerbated inflation and the cost of living, and now they want you to rely on them for your needs solely. Socialism is never free. They will need to raise taxes and take from others to redistribute wealth, providing no incentive to work or for innovation to take place. As Margaret Thatcher said, “The trouble with Socialism is that eventually, you run out of other people’s money.”