Armstrong Economics Blog/BRITAIN
Re-Posted Oct 19, 2019 by Martin Armstrong
Once upon a time, if you voted against someone like Obama or Tony Blair in Britain, you simply accepted your loss and moved on. Those days are indeed properly for story books which begin – “Once Upon a Time.” This is not something which is unique to Britain. We are beginning to see the collapse of civilization which will only end in separatist movements and violence.
People are no longer willing to accept democracy. If they lose, they are turning much more violent demanding their way or no way. Pro-BREXIT British MPs had to be escorted to Parliament by police to protect them from violence. They will have to take up a vote on Monday. Despite the fact that the people voted for BREXIT, the opposition REFUSES to accept that decision.
We are witnessing plain intolerance rising on a massive scale. Our computer has been predicting that this wave would be a wave of sharply rising civil unrest. I am not trying to tout how great our computer has been in forecasting such things. I am concerned that it seems to be always spot on. Democracy is dead.
We have protests rising around the globe against the status quo. It is both sides of the political issues. In Maryland there was a sign posted that said “Hey Liberals Better get you guns if you try to impeach President Trump.” The computer has been projecting that the 2020 elections will be the most violent since the 1960s.
There is simply a real hatred that is brewing and like the genie in a bottle, there is no way to put it all back. This simply has to play itself out and it will NOT END WELL!!! Neither side is going to convince the other that their way of thinking should prevail.
The very purpose of civilization is when everyone comes together to produce a society that is greater than the sum of the individuals. We have lost that very purpose. I honestly do not know what the future will bring after 2032. But there will have to be a lot of blood spilled before there will ever be any resolution. The hatred is far too great to overcome.
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Cartels in Control – Mexican President Says They Had to Release Chapito Guzman or else Sinaloa Cartel Would Kill Officials…
October 18, 2019
A big FUBAR happened in Culiacan Mexico yesterday as Mexican police and narcotics officers captured Ovidio Guzman, aka “Chapito”, the heir of drug kingpin El Chappo and current head of the Sinaloa cartel.
We watched via social media yesterday as a war broke out in Culiacan between the police/military and the cartel. After authorities captured Chapito, hundreds of Sinaloa cartel members came down from the mountains and cut off the city. The cartel began executing and capturing anyone who was assisting the arrest. The city shut down.
To save themselves, the surrounded Mexican officials released Chapito back to the cartels and now the world has more evidence that Mexican President Lopez-Obrador has no control over the peace and security of Mexico. The cartels are in charge.
MEXICO CITY (Reuters) – Mexican officials on Friday admitted they had bungled the arrest of kingpin Joaquin “El Chapo” Guzman’s son, who they let go during shootouts with drug gangs in the streets of a major city, but the president insisted his security strategy was working.
Cartel gunmen surrounded around 35 police and national guards in the northwestern city of Culiacan on Thursday and made them free Ovidio Guzman, one of the jailed drug lord’s dozen or so children, after his brief detention set off widespread gun battles and a jailbreak that stunned the country.
The chaos in Culiacan, a bastion of Guzman’s Sinaloa Cartel, turned up pressure on President Andres Manuel Lopez Obrador, who took office in December promising to pacify a country weary of more than a decade of gang violence and murders.
Lopez Obrador came under heavy criticism on social media and from security experts, who said that authorities risked encouraging copycat actions by caving in to the gang, and that the retreat from a major city created the impression that the cartel, not the state, was in control. (read more)
LAST NIGHT:
TheLastRefuge@TheLastRefuge2Sounds like the cartel is going after the families of the cops/police, in an effort to get Chapito back. Thread
https://twitter.com/oscarbalmen/status/1184967274572201984 …
Oscar Balmen@oscarbalmen¿Qué está pasando en #Culiacán?
Hasta las 5 de la tarde (hora culichi) no hay confirmación oficial, pero el rumor fuerte es que @SEDENAmx mató a Iván Archivaldo Guzmán Salazar y detuvo a Ovidio Guzmán López en un operativo. Ambos son hijos del Chapo Guzmán.
TheLastRefuge@TheLastRefuge2
Holy Cats!! sound on….. https://twitter.com/PerezDiazMX/status/1184946085468332032 …
Juan Pablo Pérez Díaz@PerezDiazMXAsí las cosas al norte de #Culiacán. Momentos exactos de la balacera captados por el compañero reportero Policiaco, Ernesto Martínez.
El Estatal@ElEstatalMXTras la supuesta captura del Hijo de el Chapo, Ivan Archivaldo, la ciudad de #Culiacan se encuentra situada. Familias enteras huyen despavoridas resguardándose de las balas.
TheLastRefuge@TheLastRefuge2Looks like the cartel won big on this one. Mexico let Chapito go… But don’t think it’s over, it ain’t.
The Cartels will now kill every family member of every Mexican police, narcotics, military and national guard unit that participated in the arrest.
Many will die. Watch. https://twitter.com/Reuters/status/1185318386793943040 …
Reuters Top News✔@Reuters
Mexican president says they had to release the son of drug kingpin Joaquin ‘El Chapo’ Guzman after an intense battle between security forces and cartel gunmen as ‘the situation became very difficult’ and ‘many people were at risk’ https://reut.rs/2qm71ly
Vice President Mike Pence and Secretary Pompeo Hold Press Conference in Turkey – 1:30pm Livestream
October 17, 2019
Vice President Mike Pence and U.S. Secretary of State Mike Pompeo are holding a joint press conference following discussions with President Recep Erdogan of Turkey. The Turks invasion of Syria and regional conflict with Kurdish forces are the primary issue.
UPDATE: Video Added
Fox Business Livestream – Alternate Livestream
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Why is Socialism Dying?
Armstrong Economics Blog/Economics
Re-Posted Oct 15, 2019 by Martin Armstrong
QUESTION: Martin,
You repeatedly say that Socialism is dying. I live in a rural area of Oregon. As a personal observation, what I see around here is that more people, and especially the younger, are indeed moving TOWARD Socialism. The influence of the media is so strong that even people we know who advocate gun rights and the Constitution are willing to give up both to see Trump out of office and love the Bernie rhetoric of free everything. So, with the “dying” part, is it referring to more countries moving away from it than are moving toward it? We seem to be heading that direction, and rapidly at that.
JB
ANSWER: Socialism is dying because other people’s money is running out. Yes, we see that socialism is rising in its extreme actions from climate change being usurped to justify the confiscation of wealth and control of the economy. It is also prevalent in the rise of Bernie Sanders and Elizabeth Warren in the USA and the Labour Party in the UK.
This is the final rally of socialism before the crash. It is more akin to the final Phase Transition of a market as it makes its fatal high like the Dot.com Bubble, 1929, or Tokyo 1989.
So do not confuse the rise in the outward demands of socialism. We are running out of other people’s money and the unfunded promises will reach $400 trillion by 2032. There is no possible way to fund that without a crash & burn.
We also see this manifesting in the stark political divide between left and right. The left in Britain is saying the Prime Minister should be jailed if he carries out Brexit without a deal. The people voted for Brexit. They lost. That does not matter.
We are in the collapse of government and the socialistic promises since World War II are all coming due. Economically, this is a battle to the end. The left wants to confiscate all the wealth of the right. This is the end of the purpose of civilization and the beginning of pure tyranny.
I for one have no desire to live in a socialistic world of tyranny. I will most certainly leave and move to Asia rather than live under such tyranny.
President Trump Announces Initial Economic Action Against Turkey – Erdogan Left Naked to His Enemies…
October 14, 2019
President Trump prefers to use targeted economic weapons instead of the U.S. military forces against foreign adversaries. In keeping with this strategy President Trump is announcing a set of economic sanctions and tariffs against Turkey for their decision to cross into Syria and create a crisis amid all regional interests. (Source)
One of the reasons this strategy is better than any military action is simply because Turkey is a unique NATO ally, and the NATO alliance within Europe is insufferably incapable of taking action to defend their interests.
European NATO members want the benefits of a perpetual U.S. military presence. That EU outlook is simply beyond the limits of what President Trump is willing to do. President Trump wants to bring our troops home.
You’ll notice the complete lack of action by the EU that would serve as a deterrent to President Erdogan of Turkey. All of the responsibility for counter-measures is being placed on the shoulder of Americans and the American taxpayer. The EU has not, is not and will not, lift a finger to impede the hostile activity by Turkey in Northern Syria.
Ultimately President Trump is highlighting the reason why the U.S. should withdraw from NATO by spotlighting the insufferable weakness of the assembly. NATO won’t even vote to defend their own interests, so why should the U.S. be their crutch?
With Europe refusing to stand-up to defend their own interests, President Trump is removing U.S. forces from the untenable position of guarding all the big cat cages, ad infinitum, to keep the zoo status intact.
Instead, President Trump is going to support the Arab coalition and the GCC that has been assembling a military coalition to protect itself from the Muslim Brotherhood.
That is why President Trump is willing to support Saudi Arabia with more troops, while withdrawing from Syria where the U.S. was having to stand alone to protect the interests of Europeans who will not protect themselves.
In one regional area the U.S. will support and defend Israel, Egypt and Jordan. In the Southern region the U.S. will support the Gulf Cooperation Council (Saudi Arabia, Kuwait, Oman, Yemen, Bahrain and Qatar).
Will political Islam likely have a resurgence in the region, and will Recep Erdogan rise as the head of the Ottoman Empire once again? The former is likely, the latter is unknown.
President Trump is correctly withdrawing U.S. troops from a position of adversarialism against a NATO member. Why should the U.S. protect the interests of allies who will not stand-up to protect themselves…
President Trump is correct.
President Trump will use economic weapons against Turkey…. And, in keeping with the doctrine, Europe better watch out. President Trump will likely use economic weapons against the EU for creating this mess and refusing to defend themselves.
President Trump will use military weapons to protect allies that are: (A) willing to protect themselves, and (B) willing to pay for the support of the U.S. military protection.
It is really a common sense doctrine… Help those who help themselves.
These two tweets below really are the nub of it; and stunningly transparent. President Trump is letting it be well known that Turkey is on their own with this decision. Any entity who wants to assist Syria in defending the Kurds, and or repelling Turkey, is free to do so.
President Trump is leaving President Erdogan naked to his enemies.
There are many consequences possible.
- The EU votes to kick Turkey out of NATO.
- The U.S. leaves NATO because the EU has shown a lack of resolve.
- Turkey gets hammered by Syria, Russia, Kurds, and/or any faction that opposes President Recep Erdogan.
- The U.S-Arab alliance will not be unhappy to see Turkey under fire due to Erdogan’s alliance with extreme political Islam, The Muslim Brotherhood.
This is one of those weird “be careful what you wish for” scenarios for President Erdogan, because in his lust to recreate the Ottoman Empire he just might get removed.
Super Camera Can Find You in a Crowd – No Place to Hide
Armstrong Economics Blog/Technology
Re-Posted Oct 14, 2019 by Martin Armstrong
If you thought you could hide, you will soon need a face transplant to do so. Chinese scientists at the Fudan University and Changchun Institute of Optics, Fine Mechanics and Physics, have developed a 500MP cloud-connected “super camera” that can reportedly pick out facial details of an individual person among thousands in a crowded stadium.
Simply put, there is no place to hide.
Sunday Talks: Defense Secretary Mark Esper -vs- Chris Wallace Debate Turkey, Syria, Kurds and Ultimately The Ottoman Empire and TheMuslim Brotherhood…
October 13, 2019
Defense Secretary Mark Esper discusses and defends President Trump’s smart decision to withdraw U.S. troops from Northern Syria in advance of Turkish forces launching an assault into Syria against Kurdish forces and the SDF.
The background here goes back to Turkish President Recep Ergodan, a gatekeeper between the middle-east and Europe; and his intention to use his ideological alignment with political Islam, via the Muslim Brotherhood, to recreate the Ottoman Empire.
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