Posted originally on Jan 20, 2026 by Martin Armstrong |  

QUESTION: Marty; Do you intend to endorse anyone for the midterm elections?

ER

ANSWER: No. The Neocons have their fangs very deep into Congress. I cannot in good conscience endorse anyone. Even if the actual candidate may not be on board with the Neocons, they install plants who give bad advice to support the Neocons, even when the candidate is unaware that they are being manipulated. I have tried my best, but it just is not good enough.

Europe’s Delusion: The Sixth March to Moscow
The cycle of history reveals a pattern so consistent it borders on the absurd: Europe, clinging to memories of empires that no longer exist, repeatedly attempts to reassert dominance through the conquest or subjugation of Russia. We are now witnessing what may be the sixth iteration of this fatal attraction, and like all previous attempts, it is destined to fail—not because of Russian military superiority, but because Europe fundamentally misunderstands the nature of power in the 21st century and refuses to accept its own diminished position in the global order.

The cycle is clear. Europe’s time as a dominant force in world affairs ended 80 years ago. The sixth invasion of Russia is merely the final proof that Europe’s political elite class never accepted this reality. By the time the current crisis resolves, that acceptance will no longer be optional. The world is moving on, and Europe is being left behind—frozen in the Russian winter of its own making, one final time.

The idea that the Eurozone’s larger GDP would automatically make the euro defeat the dollar as the world’s dominant reserve currency was a popular hypothesis in the early years of the euro (late 1990s/early 2000s), but it has proven to be an oversimplification. This has always been about rising to the top of the world once again living in the glow of past memories of greatness.

The newspaper that famously claimed the “Pound’s days are numbered” and would decline because the UK was not joining the euro was The Independent. On June 5, 2000, The Independent ran a front-page headline stating “Pound’s days are numbered”, with the article arguing that the pound was doomed to fall sharply in value if Britain stayed out of the euro. This came during a period of intense debate in the UK about whether to adopt the single European currency.

The problem always stems from the failure to understand what is the backbone of a reserve currency that the Eurozone lacks. In times of global crisis, investors still overwhelmingly flock to U.S. dollar assets. The capitalization of just the NYSE is greater than all of European exchanged combined. Political & Military Power has always been key from ancient dats of Athens, Alexander the Great, to Rome and even Venice during the Middle Ages. The dollar’s role is underpinned by U.S. geopolitical influence and security alliances, which the EU does not match as a unified entity.

The prediction, however, turned out to be incorrect in the medium term. Instead of declining, the pound actually strengthened significantly against the euro for much of the following decade, reaching a peak in the mid-2000s. The journalists and economists who confidently declared the “pound’s days are numbered” in 2000 were catastrophically wrong. Yet most faced no professional consequences for such spectacular predictive failure—they simply moved on to the next confident prediction.

This is why I have consistently argued: ignore the consensus, follow the cycle, and question anyone who claims certainty about complex systems reduced to a single explanation. The euro prediction debacle is a textbook case of how political ideology, groupthink, and institutional bias can produce wildly inaccurate forecasts that are presented as inevitable economic truth.

This headline is often cited as a classic example of media misjudgment on major economic and political issues. A significant strand of argument in parts of the London press did claim that adopting the euro was a French-led project designed to challenge, and ultimately “defeat,” United States economic and geopolitical dominance. That dream failed for the Eurozone could not turn away from the Marxist Agenda.

The Neocons are working overtime telling their plants to inform their candidate not to listen to our forecasts. I have encountered this before and this time they are going all out. I find it strange how every intelligence agency wants this info, but members are Congress are being told to keep you distance. This obviously intended to make sure they get their World War III. We will be issuing an update to the Cycle of War for 2026. We will let you know when it shall be released.