Posted originally on Apr 1, 2025 by Martin Armstrong
Cuba is a tragic example of what can happen to a society under a Marxist–Leninist socialist republic—equal in poverty. New reports show that nearly a quarter of Cuba’s population has fled the nation in the past four years alone in search of economic opportunities.
Such a mass exodus is usually only seen during times of war. Estimates state that around 545,011 people escaped the island in 2024, with 45.5% fleeing to the United States. Spain, Serbia, Mexico, and Uruguay remain popular for socialist refugees. The study was conducted by Cuban economist Albizu-Campos as the nation has not held a formal census since 2012. The National Office of Statistics has acknowledged that the population has fallen beneath 10 million, with their estimates stating 300,000 fled in 2024.
Cuba has been in a crisis for many years now. The nation faces one of the worst energy crises and it has become commonplace for entire regions to go a day without any power. Trade restrictions have caused widespread shortages of essentials such as food, water, and oil.
Their currency is worthless. Inflation hit 500% in 2021, falling to 200% in 2022, but the nation is unable to keep proper figures. In 2021, authorities attempted to establish the Cuban peso as the main currency and introduced a new currency pegged to the dollar called “moneda libremente convertible” (MLC). Cuba, like Venezuela and other socialist economies, has suffered from economic mismanagement rather than just US sanctions. There is no private property, the dual-currency system has failed, and central planning is non-existent.
President Miguel Díaz-Canel reached out to Russia, Turkey, Algeria, and China for financial assistance but remains blacklisted by most of the West. Canada is actually the top importer of Cuban goods, accounting for $585.61 million of exports in 2023 out of a total of $1.59 billion. Tobacco, nickel, ores, and alcohol remain Cuba’s last standing exports but most nations sanctioned Cuba long ago and they are hard-pressed to find any buyers. Exports declined by $900 million as agriculture and tourism plummeted.
Russia has attempted to help Cuba bypass sanctions by supplying essentials like meat and dairy, and President Diaz-Canel is expected to visit Moscow in the coming months. Russia and China are Cuba’s last hope for a financial lifeline.
The Cuban Human Rights Observatory (OCDH) estimates that at least 89% of Cubans currently live in “extreme poverty.” This is a textbook tragic example of how a nation inevitably falls under Marxist–Leninist socialist policies that dictate everyone must be equal in poverty.
Posted originally on Apr 1, 2025 by Martin Armstrong
England has fallen. Politicians permitted open borders and permanently altered society. England is no longer a Christian nation. They have abandoned their core traditions and beliefs for outsiders who vote for liberal policies. The UK is now debating implementing new sentencing guidelines to establish a two-tiered justice system that will ensure white, straight, Christian men receive the harshest sentences.
Under new guidelines, judges and magistrates will obtain pre-sentence reports for offenders from minority groups. They will be asked to consider an offender’s religion, race, and sexuality to ensure their treatment is favorable.
Justice Secretary Shabana Mahmood is reviewing the blatantly biased policy. “The guideline states that a pre-sentence report will normally be considered necessary for these cohorts. A pre-sentence report can be instrumental in assisting courts in the determination of their sentence. But the access to one should not be determined by an offender’s ethnicity, culture or religion,” she stated. “As someone who is from an ethnic minority background myself, I do not stand for differential treatment before the law like this.” You know the situation is dire when even the liberals are questioning its validity.
Sarah Jones, the industry minister, declared that England cannot have a two-tiered justice system. “We disagree with this decision. I think it’s really important in the country that people are trusting in the justice system that we have and that means you can’t have a two-tier system, it has to be fair, it has to be equal to everybody and so we have asked them to think again about this guidance,” Jones stated.
The Labour Party announced it would increase migrant spending by 30% this year. The majority of mayors in major cities are Muslim, which is not a negative but a sign of how society has changed. Muhammad has been the most popular baby boy name in the UK in recent years. The UK has lost its identity and is no longer a Christian nation. Pew Research Center believes that Muslim women will have more children than Christian women by 2035, and Islam could become the most followed religion in the world. Build Back Better nations are becoming unrecognizable as the very essence of their cultures and traditions is challenged.
I lived in London for years and fell in love with the city, but it has drastically changed, and I would not want to return as a permanent resident. Politicians are willing to change the rule of law to punish their own citizens. Britain is voting itself into extinction as repopulation theory destroys their culture and the nation they once knew.
Posted originally on Mar 31, 2025 by Martin Armstrong
The USCongressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending. Politicians have kicked the can down the road for far too long and left us with a financial system held up through perpetual borrowing that cannot be reversed.
The CBO’s long-term forecast shows the federal deficit rising to 7.3% of GDP by 2055, but the figure is currently at 6.2% as of 2025 and this is an optimistic report. In contrast, the 30-year average from 1995 to 2024 was 3.9% of GDP. Public debt is projected to hit 156% of GDP by 2055, up from the 100% of GDP we face today.
Now the CBO mentioned that Trump’s tariffs could negatively impact the economy but we reached the point of no return years ago. Trump cannot be blamed for the current situation in the least. “Mounting debt would slow economic growth, push up interest payments to foreign holders of U.S. debt and pose significant risks to the fiscal and economic outlook,” the Long-Term Budget Outlook: 2025 to 2055 stated.
The Baby Boomer generation is at or nearing retirement and Social Security benefits are currently at 5.2% of GDP. The CBO believes this will reach 6.1% of GDP in 2055 but fail to recognize the fund is drying up. The Ponzi Scheme will come crashing down.
Interest expenditures alone have hit 3.2% of GDP as America. In 2024, the US spent $881 billion simple to finance its massive debt, and that figure is projected to reach $1.8 trillion by 2035. We spend more on servicing debt than we do on defense spending at this point.
Raising taxes cannot solve this massive issue, but that will not prevent the government from attempting to extort the people to cover their fiscal mismanagement. The government knows it is trapped and will continue to hold off on paying down their debt as long as possible. Worse still, other nations are decreasing their investments in Treasuries as we have seen with China and Russia. Japan is our main buyer now but they have their own colossal problems.
The debt crisis is global. America is far from the only nation facing an outright default, and as I have warned, we will see the pieces crumble one by one with America being the last frontier. This is precisely why Europe wants war because they are attempting to delay the inevitable collapse. Some believe they can confiscate Russian natural resources and save the day, but that is simply neocon fanfiction.
The ECM has pinpointed key turning points in the global economy, and the next phase of this crisis is unfolding right before our eyes. The sovereign debt crisis is inevitable, and as we approach 2028–2032, we will see capital flow away from the West once confidence in government collapses.
Posted originally on Apr 1, 2025 by Martin Armstrong
The World Health Organization admitted that it has “no choice” but to cut its budget substantially. America’s exodus from the organization left the WHO with a budget gap of $600 million for FY2025, and it plans to cut expenditures by 20%.
The United States provided 16.3% of all funding from FY2022-2023, amounting to $1.3 billion of the organization’s $7.89 billion. Trump believes the WHO partnered with China to hide the origins of COVID-19, and he is particularly disgruntled that the US was paying 10X more into the organization compared to China at a cost of $500 million annually. “The World Health Organization has become nothing more than a corrupt Globalist scam…paid for by the United States, but owned and controlled by China,” Trump stated in November 2024. “I will not allow public health to be used as a pretext to advance the march of global government,” Trump stated before vowing to leave the organization.
“Dramatic cuts to official development assistance by the United States of America and others are causing massive disruption to countries, non-governmental organisations and United Nations agencies, including WHO,” WHO director-general Tedros Adhanom Ghebreyesus said in his e-mail to staffers. “While we have achieved substantial cost savings, the prevailing economic and geopolitical conditions have made resource mobilisation particularly difficult.”
Tedros is the first person in the 75-year history of the WHO who is not a medical doctor. Klaus Schwab supported him for that post, just as he recommended Lagarde for the IMF and then for the European Central Bank. He has also put in the head of the IMF from his board of the WEF as well. Schwab has the WHO in his back pocket. To put someone who is not a medical doctor at the head of the World Health Organization would be like putting Jeffrey Epstein as the head of a monastery.
The Bill and Melinda Gates Foundation was the second-largest donor to the WHO, and Gates used the organization to push the pandemic response, urging nations to use the very vacations he helped to fund. That man had ties to every globalist health organization. Still, Gates has come forward in recent weeks saying his organization simply can’t make up for the budget gap caused by the US withdrawing—and that is GOOD NEWS.
All the world leaders supporting the Great Reset were eager to relinquish complete power to the unelected officials at the WHO. The WHO wanted to seize the ability to force health mandates on the global population. The organization continually asks for global taxation in the name of health.
The scheme is to eliminate democracy. They accomplished that in Europe, where the people are allowed to vote only for an MP who has no power to overrule the Commission, which never stands for election, as is the case with the head of the EU, who is also UNELECTED by the people. The general belief is that the people are TOO STUPID to know what is best, and democracy became populism when Trump was elected. This proposal is clearly stated as part of the Great Reset put out by Klaus Schwab and the World Economic Forum.
The Pandemic Treaty would have allowed the WHO to bypass national laws and impose its will on the people. There has never been a more massive power grab than what we witnessed under the guise of the pandemic. The WHO attempted to force nations to sign a Pandemic Treaty in 2022 to ensure it could remain in control:
“The COVID-19 pandemic has exposed gaps in the governance, financing and systems needed to keep the world safe from epidemics and pandemics. There is an emerging global consensus around the need for an international treaty or other legally binding instrument, to provide the framework for a more coherent and coordinated response to future epidemics and pandemics.”
They had plans for global passports, taxation, and every method to provide a small group of unelected “visionaries” with centralized control over the world. The WHO is one of the organizations that was used to help them achieve their goal. As stated on the World Economic Forum’s website:
“To achieve a better outcome, the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a “Great Reset” of capitalism.”
Now I could go on endlessly about the plans for the Great Reset, but focusing on the WHO’s involvement—their role was to weaponize public health to provide the WEF and UN with the ability to restructure the global economy. Trump’s withdrawal from the organization was a major win for global freedom. We will see the nations still on board with the Great Reset attempt to boost funding, as the power the pandemic provided was far too great to relinquish.
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