Posted originally on Mar 20, 2025 by Martin Armstrong
“THE FIRST ALL-SEASON MOUNTAIN RESORT IN UKRAINE WITH AN INTERNATIONAL FORMAT, A HOLISTIC CONCEPT AND THE BROADEST PALETTE OF IMPRESSIONS, SERVICES AND ATTRACTIONS”
The war in Ukraine has left the nation utterly insolvent, almost entirely reliant on foreign aid. President Zelensky claims he cannot account for billions in aid, urging world leaders to send more rapidly as he must prevent Russia from invading all of Europe. Peace is not an option as “the worst conflict since World War II” rages on with no end in sight. In the meantime, Ukraine spent £1.2 billion ($1.5 billion) to improve its tourism sector by building a massive luxury ski resort.
The luxury resort will span 2,965 acres, feature 25 hotels with 5,5000 rooms, with 41 ski slopes spanning 46.6 miles. The GORO Mountain Resort project was supposed to begin in 2022, but was delayed due to the obvious. OKKO Group, Ukraine’s largest network of gas stations, suddenly changed plans and believes now is the time to begin building the project that will take an estimated 15 years to complete.
As a bonus, GORO Mountain Resort will be located in Lviv, adjacent to Ukraine’s border with Poland. Poland’s defense budget has multiplied as it rushes to fight off Russian aggression at its own border. Donald Tusk has demanded that every male in Poland undergo military training, and he plans to expand the nation’s 200,000 army to one boasting 500,000 troops, which would make it the third-largest military force in NATO behind the United States and Turkey. In November 2024, 55% of Poles said they supported ending the wareven if Ukraine was forced to surrender territory. The people do not want war but those at the helm will send them off to die under the guise of protecting national sovereignty.
Meanwhile, Ukraine has threatened neighboring nations like Poland with untold repercussions if they fail to strangle their own agricultural sector by extending Ukraine’s duty-free trade deal. Ukraine has warned that Eastern European nations will suffer the worst of the consequences.
Yet, the GORO Mountain Resort boasts easy access to those neighboring nations, with direct train travel from “Vienna, Budapest, Kyiv, Dnipro, Odesa, Kharkiv, and more, with the Slavsko station (5 km from the resort).”
Ukraine claims that Russian gas may not pass through its nation as it does not its foe to receive a single euro. Zelensky and others do not care that their allied neighbors like Hungary and Slovakia desperately need the gas line reimplemented in order to provide their nations with essential energy. Perhaps the Ukrainian government could suggest an alternative through a company such as OKKO Group.
It was a known fact that Ukraine was a corrupt nation before the war began and the government rebranded itself as a delicate victim that simply wants the best for its people—its people who have been sent off to die while those in charge refuse to negotiate with Russia. Zelensky has also said that the war will last for many years to come, yet his war-ravaged nation plans to build a billion-dollar resort near its border with Poland to attract tourism. Greed and corruption will be the end of Ukraine. In fact, based on our computer model, there will be no Ukraine in 15 years when this facility is set to open.
Millions of Americans believed that their student loans would be forgiven per the promises made under Biden Administration. Then there was a period of student loan forgiveness that began during the COVID era when countless people found themselves unemployed. Payments have resumed but 9.2 million (43% of federal loan borrowers) have fallen over 90 days behind on payments.
Instead of forgiveness, these delinquencies will remain on these borrower’s credit reports for seven years. Delinquencies show on all three major credit bureaus (TransUnion, Experian, and Equifax) through nationwide credit reporting agencies (NCRAs). The result is an immediate drop in credit scores of up to 250 points.
So over 9 million Americans experienced a massive downturn in their ability to borrow instantaneously. Many may not realize that one missed student loan payment can be counted as up to eight missed payments. Credit scores are calculated and weighted differently depending on where you look. FICO factors in payment history as 35% of one’s overall credit score, while VantageScore factors in missed payments as 40% of creditworthiness.
Student loan payments have not appeared on credit reports for the past five years. Those who are able to meet their loan obligation will see a positive uptick in their score. VantageScore reported that they believe 2.3 million borrowers will see their credit rating fall beneath 600 once these payments reappear on consumer credit files. These people will have an extreme difficulty obtaining new loans.
Thanks to the Clinton Administration repealing Glass Steagall, student loans may not be discharged in the event of bankruptcy. Default and the entire balance is due immediately, with an addition of up to 25% of the loan balance in collection fees. The government may withhold Social Security benefits and tax refunds and will repeal any federal financial aid. Certain professional licenses could be suspended. Defaulting makes it hard for borrowers to access forbearance, deferment, and other repayment options. On top of everything, the government can begin to garnish wages WITHOUT a court order.
Posted originally on Mar 20, 2025 by Martin Armstrong
Minority Leader of the US Senate Chuck Schumer admitted on national television what the government thinks of the people—your money belongs to them. “Their attitude is, ‘I made my money all by myself. How dare your government take my money from me?’” Schumer stated in a mocking tone.
“I don’t want to pay taxes. Or, I built my company with my bare hands. How dare your government tell me how I should treat my customers, the land and water that I own, or my employees?” Schumer, with an estimated net worth of $81 million, continued. “They hate government. Government’s a barrier to people, a barrier to stop them from doing things. They want to destroy it. We are not letting them do it, and we’re united. Okay.” This further emphasized his view that certain individuals see the government as an obstacle and wish to dismantle it.”
People hate the government due to career politicians like Schumer who believe they have the right to control the people through excessive taxation. Schumer and others who constantly push for tax increases genuinely believe that the people are stealing from the government. Forget that you pay taxes on everything you own, sell, and save—the government needs MORE to fund agendas that the people do not vote on.
DOGE has been highlighting how utterly irresponsible and reckless government spending has become. No one voted to fund transgender care in Bangladesh, for example, or the infinite funds sent to secure foreign borders. The Constitutional protection of no taxation without representation has been eliminated. It matters not how much the government collects from the people as it will NEVER be sufficient to cover their spending, let alone the national debt that is a ticking time bomb.
Then you have people like Chuck Schumer who have NEVER held a job outside of politics and could not be further removed from the valid concerns of the people he claims to represent. He has made his fortune through LOBBYING and CORRUPTION off the backs of those who actually WORK and contribute to our economy. These are the swamp creatures who repeatedly raise our taxes, year after year, and hypocritically mock us for desiring a better quality of life.
Direct taxation is what the Founding Fathers in the US forbid. Politicians are destroying the world economy and this issue is certainly not unique to America. The Common Reporting Standard (CRS) is an information standard for the automatic exchange of tax and financial information on a global level. It was put together by the Organisation for Economic Co-operation and Development (OECD) back in 2014. Its purpose was to hunt down tax evasion primarily for the European Union. They took the concept from the US Foreign Account Tax Compliance Act (FATCA), which imposed liabilities on foreign institutions if they did not report what Americans were doing outside the country.
The globalist trend toward Marxism where “you will own nothing and be happy” is precisely why our computer believes we are in for a complete change in the structure of government. Beforehand, we will see governments attempt to collect MORE from the people through new and increased taxes. The left wishes to increase the public sector so that everyone is utterly dependent on the government for survival. CBDC will create a cashless society to ensure governments can track and collect money instantaneously, as the main premise behind CBDC is the belief that the people should be paying at least 35% more to our overlords.
Nations crumble when governments continually rob the people through taxation.
Posted originally on Mar 20, 2025 by Martin Armstrong
Jerome Powell kept rates unchanged as our computer was projecting. However, he did weigh in on the state of the US economy, pointing out that Donald Trump’s policies were one reason why inflation is turning back up. He also reduced the Fed’s 2025 growth projection, noting that uncertainty around the slowing economy is increasing. The Fed is well aware of the Economic Confidence Model. Both Canada and the Fed started to lower rates when the ECM was turned down last May.
Powell said, “Inflation has started to move up,” adding that “there may be a delay in further progress over the course of this year.” The confusion people have is that, as I have pointed out before, government employees are counted TWICE in GDP. First as total government spending and second as total personal income. So, firing government employees will have a large,r more exaggerated impact on GDP going forward.
Investors have reacted negatively to Trump’s global trade war and the mounting retaliation from abroad. What they fail to grasp is that the main reason companies left the USA was over worldwide taxation. American companies were always at a disadvantage when compared to Europeans competing in the world market. The S&P 500 fell nearly 10% from mid-February because of the failure to understand the real trade impact of the high tariffs. Trump, meanwhile, has perhaps promoted recession fears, with the Republican saying the economy faces a “period of transition” and that his tariffs will eventually mean more US jobs.
Socialist academic economists do not look beyond our shores and say that Trump’s tariffs will be a significant loss. They compare this to the Smoot-Hawley tariffs of the 1930s, blaming them for the Great Depression because they are incapable of thinking about two variables simultaneously. The tariffs were primarily on agriculture because the Dust Bowl reduced crops, and Europe offered them cheaper. The economy was 41% employed in agriculture, and that is why unemployment soared to 25%. No legislation could have made it rain.
Powell admitted that recession odds had moved up but weren’t high. He disagreed with the University of Michigan survey, which showed a sharp increase in long-term inflation expectations. We agree. Socrates is showing that volatility in inflation was to begin here in 2025 and rise stronger in 2026, but it will be the 2027-2028 period when it becomes critical that it is correlated with our war models.
Posted originally on Mar 19, 2025 by Martin Armstrong
Newsmax’s Rob Finnerty has introduced a bombshell revelation hidden within the newly released JFK files—one that raises serious questions about a likely CIA cover-up. Bernie Sanders – this is why we need non-government DEEP STATE people to investigate. Thank God for Oligarchs!
Posted originally on Mar 19, 2025 by Martin Armstrong
COMMENT: Marty, I spoke to a friend at the __________ bank in NY, and he said on gold, listen to Armstrong. I found that interesting since he was well up there in the Bank’s food chain. He also said this is geopolitical, not inflation.
Kevin
ANSWER: Well, as I have said, gold’s not stopping when it is geopolitical. We gave our price and timing targets. Forget the BS about inflation. Gold is rising for the safe-haven demand as geopolitical tensions increase. Banks that do follow us know that we are bullish on bullion’s safe-haven status as anxiety escalates about the global economy. The fact that the Federal Reserve is poised to keep borrowing costs steady realizes that Keynesian Economics is dead. The rise in interest rates no longer stops inflation because government expenditures rise, and politicians will NEVER reduce spending because the Fed raises rates.
Posted originally on CTH on March 19, 2025 | Sundance
If you appreciate and understand the background of MAGAnomic endeavor; or if you want to hear the arguments about why trade tariffs are critical to maintain American economic sovereignty; this interview with former United States Trade Representative (USTR) is for you.
USTR Lighthizer walks through the intents and purposes of President Trump’s tariff program. Lighthizer gives a historic review of U.S trade policy and outcomes. WATCH:
Chapters: 0:00 Why Do We Need to Reinstitute Tariffs? 6:10 The Slow Death of America’s Working Class 13:35 Donald Trump’s Plan to Fix the Economy
14:26 Was There an Organized Effort to Destroy America’s Free Market? 19:53 The Trifecta of Stupid 26:12 We Are in an Economic Emergency 32:16 The Three Ways to Balance Global Trade 34:45 Can America Be the World’s Biggest Manufacturing Power Once Again? 38:47 Why Lighthizer’s View Differs From Establishment Economists 49:13 How Washington and Big Business Benefit From the Death of the Middle Class 56:44 The Two Parts to Trump’s Tariff Plan 1:03:25 Will We See Inflation Due to Tariffs? 1:07:50 The Economic War With China 1:11:49 How China Is Trying to Avoid Trump’s Tariffs 1:25:50 Reestablishing an Economic Relationship With Russia 1:31:34 The Lies You’ve Been Told About the Nasdaq
Posted originally on CTH on March 19, 2025 | Sundance
President Donald Trump spoke to Ukraine President Volodymyr Zelenskyy following yesterday’s discussions with Russian President Vladimir Putin. President Trump gives a brief summary via his Truth Social account:
Leaking to Politico, because of course they do, the Ukraine team said the call was “not bad.”
[…] “This call was indeed not bad. Trump shared some things from his conversation with Putin, discussed further steps, the work of the teams, and needed to meet again and talk about how everything would work out,” said a senior Ukrainian official who was granted anonymity to discuss the sensitive call.
“I would not speak about any reactions, would just say that the whole tone of the conversation was that we have to move on,” the official added.
Posted originally on CTH on March 19, 2025 | Sundance
When Vice-President JD Vance delivers prepared remarks about Artificial Intelligence, pay attention.
JD Vance is the 2028 presidential candidate of choice for the Technocrats; the current goal is to envelop the MAGA populist movement for the intents and purposes of the collective network of Technocrats.
This motive and intent baseline will not change as Vance positions to replace President Donald Trump.
During a speech to the American Dynamism Summit, JD Vance outlines his optimism for the future of the U.S. economy, as boosted by the technological advances in artificial intelligence.
Within his remarks, Vance correctly notes some voices are saying there is going to be a major fracture between the “Techno-optimists” and the “populists.” However, Vance defines that chasm, and then refutes that fear/concern around jobs, advanced AI, automation, innovation and the economy. He misses what will be the root cause of the fracture completely.
Vice-President Vance notes there is nothing to fear from innovation, artificial intelligence, robotics and advanced industrial application of emerging technology. Indeed, all facets of economic growth through the use of all the aforementioned enterprises are correctly framed by the vice president.
There is nothing to fear on the economic front from the technological advancements currently underway.
Let me repeat, before I get misinterpreted….
Everything JD Vance says about the economic future of the United States, against the backdrop of innovation and AI is accurate. JD Vance is 100% correct. However, that’s not the predictable root cause of the upcoming fracture between the Techno-Optimists (his term) and the MAGA populists.
The fracture is going to come as an outcome of how AI networks with government and then destroys privacy, liberty and ultimately freedom for Americans.
It is not the economic side of the AI system Vance supports on behalf of his benefactors that is problematic; it’s the creation of a compliant surveillance state that flows as a natural outcome of advanced and automated AI systems within a highly weaponized government. That’s the problem. That where the fracture will occur.
Techno-optimists are not paying any attention to how their beloved AI networking can be weaponized in a surveillance state. When you combine fully automated AI data processing with ‘Real ID’, facial recognition software, digital identities created for each American and the motives of govt, you can easily predict what comes next.
The U.S. surveillance system can then be fine-tuned (depending on who is in charge of it) to use the real-time digital and physical identity to control access to systems. Write a Facebook post critical of government, get blocked from your bank account. Do something defined by government as against their interests, lose your access to travel etc.
The problem for Americans is how advanced AI will be deployed under the guise of efficiency to create a comprehensive DHS surveillance state.
The predictable system will automate, connecting every aspect of our lives to our compliance in living that life in the manner approved by those who control the system.
Privacy, freedom and liberty, core fundamental principles of our American system, are replaced with surveillance and defined citizen compliance. These are the pesky issues JD Vance and his Techno-Optimists (Thiel, Sacks, Musk, Ellison, et al) do not want to consider when they think about those pesky ‘proles’ they call “populists.”
Vice-President JD Vance has been constructed as the palatable messenger to calm the fears of MAGA. To calm those AI fears, Vance focuses attention to the well-discussed AI issues around jobs, labor and employment as outlined in his speech.
Listen carefully. However, the issue is not economics, it’s about privacy and liberty. WATCH:
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