The Future & Chaos


Armstrong Economics Blog/Monetary Reform Re-Posted Nov 10, 2020 by Martin Armstrong

COMMENT #1: Marty,

Does this all mean that this takeover can make the canceling of physical USD possible, maybe as soon as January to line up with Europe? Previously you responded to my email question on a digital dollar and said that they couldn’t do that since over 70% of cash was held overseas.

Can this all cause the dollar to collapse instead of heading to new all-time highs as you have been saying for years? Or will it just delay the dollar highs?

Best,
E

COMMENT #2: I find it fascinating how Socrates elected a Quarterly Bullish Reversal at the end of September in the Dow and a bearish in the dollar. I am impressed by how Socrates is so independent that what seemed inconsistent proved spot on. No wonder they first so hard to prevent people from looking at your work.

Please keep up the good fight.

FJ

COMMENT #3: Mr. Armstrong,

Seems like levers are easily thrown in whatever direction is benefiting this Great Reset with the big picture of bringing all of Western Civilization to its knees.  Small business is already / or already being crushed.  Likely, a heavy tax on carbon will finish off the farmers once we get back into the Paris Accord.   There is a great deal of real wealth  being held by Baby Boomers, who for the most part are “buy & hold” (no matter what) with a mixture of more equities than bonds.   These evil rat bastards seem exceptionally good at what they do, wouldn’t you want crush “The Boomers” also?  Seems as if this rally is an effort to get everyone in the pool before pulling the plug and draining the pool very quickly?

Best Regards

COMMENT #4: The parallels to the movie Star Wars are uncanny. So many similarities happening right now.

BV

REPLY: I have been telling people that Socrates has always been right whenever I thought it would be wrong. It said this would be the most corrupt election in American history and I seriously doubt any human being could have forecast just how corrupt this really would be. It is far beyond anything I ever expected. As I warned at the last WEC, we were picking up something strange in the capital flows beginning in August 2019. It was manifesting at first in the Repo Crisis where US banks were suddenly unwilling to lend any money to any European bank. Their statements that they would no longer bailout any European banks forced the US Federal Reserve to step into the Repo Market. That continued to the pressure to join Klaus Schwab’s communist manifesto because they had already destroyed the European bond market and vowing not to bail out any bank meant that a US bank would not deal with a European.

Normally, that would have set the stage for the capital flows to the dollar and the US share market which indeed contributed to the high with the Economic Confidence Model – 2020.05. We crashed and burned into the low of March 23rd and Socrates even got the day of the low. NORMALLY, we should have bounced, even 40% from that low, and after an 11-year rally, we should have seen a 2-year decline into the next target in 2022. I warned that if the Dow had to close below the Quarterly Bearish Reversal at the end of March since the market penetrated it intraday. That rested at 21,712. The market closed above that number failing to elect any Quarter Bearish Reversal numbers settling March at 21,917.16. At the very minimum, that warned that there would be a bounce before any possible new low.

Indeed, the Dow elected its first Weekly Bullish Reversal the week of June 15, 2020, at 25,871.46. Then its first Monthly Bullish was elected at the end of July and finally the first Quarterly Bullish Reversal at the end of September. Now it becomes imperative to hold 25,735 on a monthly closing basis in the future. This is why I say we are in difficult times and the only way to survive is a computer that is objective and can see into the future. I seriously doubt that any human can forecast what the heck is unfolding other than a guess.

As for this looking more like Star Wars, you are actually not so far off. Star War was based upon the collapse of the Roman Republic and the transition to the Emperor. Instead of dueling with swords, they introduced lightsabers. If you can just short someone, why would you battle with lightsabers? Hey, it sold a lot of tickets.

No rational politicians would destroy the world economy for this COVID-19 nonsense. They are now claiming 10 million people have contracted COVID. The CDC estimates that the flu during the 2017–2018 season was high with an estimated 45 million people getting sick with influenza, 21 million people going to a health care provider, 810,000 hospitalizations, and 61,000 deaths from influenza.  We already know that the flu and COVID cases have been combined. They now are claiming 237,000 people have died from COVID. The CDC is claiming the flu is mild this year with CDC estimates that the burden of illness during the 2019–2020 season was moderate with an estimated 38 million people sick with flu, 18 million visits to a health care provider for flu, 400,000 hospitalizations for flu, and 22,000 flu deaths. If you died of a heart attack but test positive for COVID you died of COVID. This is happening everywhere because it is all political.

The objective is to CRUSH the economy, end debt, they adopt MMT and handout Guaranteed Basic Income. This will subjugate the people and allow the government to end democracy, elections, etc., and install this one-world government with the US nuclear weapons handed to the United Nations where it will then be subject to a group of nations to wage war.

I do not think the US will be able to launch a digital currency by January. They have put in legislation to do that, but it will have to pass the House and then the Senate. Just looking at the timing arrays, it would appear not before May. We have to see the outcome of the Georgia election and now we have two states suing Pennsylvania. Allowing dead people to vote that changes the election is a denial of Equal Protection and Due Process of Law for the entire nation. We have to see how the Supreme Court handles this. We may get a decision by December 14th, 2020.

Postponing Elections – The Plot Thickens


Armstrong Economics Blog/Conspiracy Re-Posted Nov 9, 2020 by Martin Armstrong

German Elections Postponement

Here is the Wissenschaftliche Dienste report and it concludes if there is an epidemic, then they can postpone the elections. What is significant here is that they were even asked for an opinion.

“The postponement of an election date once set within the time corridor can occur due to special, extraordinary circumstances. Such important reasons can, for example, include natural disasters, unrest, epidemics, or large-scale strikes. However, irrelevant considerations may not be included, nor may the reasons appear arbitrary. In this respect, weighty, legally significant public interests or aspects of the common good are relevant. It is not necessary, however, that it is “Absolutely imperative” reasons.”

The interesting aspect is that our sources are warning that elections will be suspended in Europe and we may see that attempted in the USA come 2022. The German elections will be in August 2021. So to already be scheming that they will use this virus to justify postponing elections means that our model which targeted 2022 for a real pandemic may still be deliberately manufactured and released to assist Gates in his obsession to reduce the population to save the planet while the elite, like him, can have three children.

The entire social structure of debt, pensions, and welfare is no longer sustainable. Instead of working with a solution to save our freedom and correct the stupidity of nations borrowing year after year with no intention of repaying any debt has been rejected in place of Communism 3.0.

This is the Monetary Crisis Cycle right on time with the Sovereign Debt Crisis also on target. This means they have no possible way to sustain the current system. Therefore, they needed this fake pandemic and quite possibly manufactured this virus in a lab since this precisely what Fauci was doing and then sent it to Wuhan.

In 2019, the National Institute for Allergy and Infectious Diseases (NIAID), the organization led by Dr. Anthony Fauci, funded scientists at the Wuhan Institute of Virology and other institutions for work on gain-of-function research on bat coronaviruses. Bill Gates just so happened to have donated $200 million to NIH as reported on November 5th, 2019 for research.

The criticism of Fauci from overwhelming scientists forced Obama administration back in 2014, to order the National of Institutes of Health (NIH) to suspend all its experimentation on 21 such studies. When Obama left, Fauci resurrected the research in December 2017 and began the second phase of the NIAID project. This was the highly dangerous gain-of-function ability.

The NIH established a framework for determining how the research would go forward: scientists have to get approval from a panel of experts, who would decide whether the risks were justified. However, all reviews were carried out in secret. Then in early 2019, the Science Magazine discovered that the NIH had approved two influenza research projects that used gain-of-function methods. This created an uproar as scientists who oppose this kind of research excoriated the NIH in an editorial in the Washington Post.

It is highly likely that we are facing a 2022 pandemic that our model is pointing to and this time it will reduce the population as desired by many in this clandestine group. Given that they are already planning to postpone elections, they will need something far more lethal than what they have introduced so far. They need a virus that will kill not just the elderly, but otherwise healthy people in the form of a real plague. Then they can argue that the lockdowns are necessary and justify ending the protests. Will will see escalating violence starting in April/May 2021 and we have a Panic Cycle is the Euro during August 2021 when there should be the German elections.

American Are Ignorant of What the Real Plan Is


Armstrong Economics Blog/Conspiracy Re-Posted Nov 9, 2020 by Martin Armstrong

COMMENT: You are correct. Americans are ignorant of what is taking place in Europe. The new law states everything except work was forbidden: “walking, having fun, singing, dancing, meeting, everything was forbidden … ”

This is about reducing society to mere existence.

GF

REPLY: People have no idea what this agenda is all about. I have been warning that socialism was collapsing. All the social programs are imploding. They have created endless money in hopes of “stimulating” the economy and that has failed. All the economic models have failed and that means it is impossible for central banks to even manage the economy. The ECB lowered interest rates to negative in 2014 and they have been unable to save the economy. People have been hoarding their cash because of (1) the lack of any faith in the future, and (2) they no longer trust the banks.

Blog/Conspiracy

Posted Nov 9, 2020 by Martin Armstrong

COMMENT: You are correct. Americans are ignorant of what is taking place in Europe. The new law states everything except work was forbidden: “walking, having fun, singing, dancing, meeting, everything was forbidden … ”

This is about reducing society to mere existence.

GF

REPLY: People have no idea what this agenda is all about. I have been warning that socialism was collapsing. All the social programs are imploding. They have created endless money in hopes of “stimulating” the economy and that has failed. All the economic models have failed and that means it is impossible for central banks to even manage the economy. The ECB lowered interest rates to negative in 2014 and they have been unable to save the economy. People have been hoarding their cash because of (1) the lack of any faith in the future, and (2) they no longer trust the banks.Video Player00:0001:28

They had a choice. Take my proposal of a solution whereby we retain our culture and freedom or adopt Schwab’s Great Reset where you will own nothing and there will no longer be free elections along with meat. On top of that, his plan is to overthrow the United States and our nuclear arsenal will then belong to the United Nations. This all sounds like a plot out of a James Bond movie. Perhaps that is what inspired them.

This is what you get with a handful of people with way too much money which seems to turn them into megalomaniacs who think they are saving the world. ABC News called a secret meeting they had which they would not reveal their plan, the good guys. They called them SUPER RICH FRIENDS. Anyone else is the hated rich.

Philippines Medical IDs to Travels within the Country


Armstrong Economics Blog/Australia & Oceania Re-Posted Nov 9, 2020 by Martin Armstrong

COMMENT: This is happening in the Philippines right NOW. Unfortunately coming to the USA. WATCH THE VIDEO
We can not travel from town to town without FIRST applying for a travel pass, then you must submit to a PCR test for every person who is traveling. Average cost is $60++ Each test. So if you have a family of 4 traveling it will cost you over $240 just to get approved BEFORE you depart your hometown. Then you have to submit a itinerary online to the town you wish to visit and to make sure you stick to the itinerary, you have to hire a TOUR GUIDE (contact tracer) then you can ONLY stay in approved HOTELS. These requirements are to travel to the next TOWN. Oh, and then you have to go through a military CHECKPOINT that verifies your travel pass, PCR Test results and then THEY escort you to the local city convention center where you go through a triage AGAIN. After you do all of these things, you have NO MONEY since it was spent just trying to get here. NOW you have to turn around and GO home because you are broke. OF COURSE, this is why the entire community has been destroyed in the Philippines. The entire country put into lockdown status because about 8 thousand people have died over the last 10+ months.
Last year and previous years more than 100 THOUSAND people died from infectious respiratory illnesses. This is a very common statistic. Year after Year.

There were no lockdowns,

WHY?

REPLY: This is all part of the agenda to prevent people from rising up against this new agenda – Communist 3.0. You will see more recommendations coming from the World Economic Forum next January.

Why People Hate Trump


Armstrong Economics Blog/Politics Re-Posted Nov 7, 2020 by Martin Armstrong

COMMENT: Dear Marty,

I hope that you are well and that you get the chance to read what I have written below.

Firstly, I’m a conservative at heart and agree with most of what you say and your work. However, I felt compelled to give you a genuine opinion of what people really think about Trump and why so many people, even conservatives like me, dislike him.  In the beginning, I though that Trump would be good for the US, I’m aligned with most of his ideas, he is positive, confident and appeared to be a good leader who wants the best for his country.

However, you have got to see it from the other side.  He hasn’t drained the swamp, just filled it with people who also reside in the same swamp, from Goldman Sachs advisors to his own family. His main issue is that he likes the sound of his own voice too much, he voices his own opinions too much, he’s egotistical, too flippant and needs to get off twitter. No president should be tweeting every opinion they have.  He has a distinct inability to convey ideas and information factually, he comes across as a liar, he hates losing and he lacks humility.  He reminds me of a school child that was bullied and then did good, and now he wants to tell every one about his great he is.

He is a show off and thinks he always knows best.  A president needs to show humility, and understand human nature and how to give the people the right information and show that he cares.  All the mean while, he should be working in the background, without twitter to get his ideas through government. He really does come across as a know it all, like he is the best and a bit of a joke.  Had he been more humble, kept of twitter and let his good work speak volumes, his image wouldn’t be so tarnished and people would warm to him more.

I was happy to see him become president but unfortunately, he continually makes stupid mistakes and really has shot himself in the foot because of pure ego.  As I said, I like some of his policies and ideas, but like every politician, he doesn’t relate to the people and he really doesn’t do himself any favors by tweeting like an irate mad man. His advisors should have helped him more in my opinion and realized this isn’t a game show like the apprentice

TH

REPLY: I agree, I did not like that his son-in-law brought in Goldman Sachs when they even banned their own staff from donating to him. He listened to people and surrounded himself with people like Bolton who were the Deep State which to me showed he was naive. The investigation into the Obama Administration interfering with his administration before and after becoming president was disgraceful and in 4 years they could not come up with a report before the election? To me, that was part of the swamp in control to protect themselves.

His tweeting and statements are sometimes off the wall. I fully understand why people look at him and dislike him.

My concern is simply I know what is happening behind the curtain. As always, people have even tried to get me on their side. I have no interest in that. I am never going to assist those seeking to impose a one-world government. Sorry – stop trying.

Some of the independent mainstream press in Europe are starting to report on what I know has been in play. In June, there was a meeting at the World Economic Forum. They are planning to now move full ahead to take over the world. You will see a sharp rise in leftist demonstrations and these will be used to move the general public to the point that they see themselves as evil and must atone for their evil ways by surrendering all freedom as their just punishment. There will be mass protests by left movements that are to be activated by members of the WEF. All your freedom will vanish under Biden. They will use protests and the virus. They are already claiming a more lethal virus is developing in Europe in minks.

Our computer shows a real pandemic is likely in 2022 not now – this is all fake and they have been combining the normal flu deaths with COVID-19 to scare people and overthrow Trump. Pelosi has said now they will “crush the virus” and to do that will be national lock-downs. As I have stated, I bought a box of masks from Amazon and on the box, it says they will not prevent any disease. So why are people imprisoned, beaten, or fined for not wearing a mask that does not work?

This is all a scam to further this Great Reset where you will own nothing and be happy. They will take your pension and your 401K and hand you Guaranteed Basic Income and you will be happy and will kiss the ring of Klaus Schwab. Europe is already planning to suspend elections. You will see the same in Canada and the United States. Welcome to Communism 3.0 – the age of tyranny because we as the great unwashed, are too stupid to understand what is best for us and the planet. We lack the super-intelligence of Klaus Schwab.

I am giving it serious thought. This will probably be the last World Economic Conference I ever hold. The forces behind the curtain are so intense, I cannot possibly convey how serious this really is and the prospects of what lies ahead under Biden is not simply a Democrat defeating a Republican. Even Republicans in the Senate are starting to say that Trump should just stand down. They are oblivious to what is coming and they listen to nobody because it is a bubble in Washington and they think it will be business as usual.

Personally, I could care less about his tweets as long as he stands up against this onslaught. I fear he will not be able to do so and we will see the full force of what is in store. The lock-downs are being used to destroy the economy and “crush” it into dust. Then, as they said of Nero, he burned Rome so he could build his golden palace. This is Klaus Schwab with the help of Gates and Soros.

There is no point in me objecting. This is part of the way Western Society will self-destruct, fragment and separatist movements rise, and the financial capital will move to China. These people are insane thinking they can crush the economy and rebuilt it Green. In January, they will announce at the World Economic Forum in 2021 the Great Reset agenda. Take note of every world leader who attends. They are there to kiss the ring of Klaus Schwab and you will then see the world leaders who have been bought and paid for to destroy our freedom.

As they say, sometimes you are better off with the devil you know.

The Next Revolution in the Making?


Armstrong Economics Blog/Uncategorized Re-Posted Nov 7, 2020 by Martin Armstrong

This is a video sent from a Romanian reader. The treatment of the people by the police is far worse than what even sparked the French Revolution. They have already banned Christmas and social gatherings from funerals to weddings have been outlawed in most of Europe. In Greece, you need to text the government for permission to even leave your house.

This is what is coming under Biden. They need to “crush the virus” as Pelosi is saying and that is done by lockdowns which are really designed to destroy the economy so they can rebuild it according to the directive from the World Economic Forum where world leaders have made their pilgrimage to kiss the rich of Schwab as the new economic Marxist Pope.

Anyone who thinks these politicians will ever stand for election again is insane. They are already scheming that this virus will be used to also suspend elections. Even this US election of 2020 has been a joke of outright fraud. Dead people are voting everywhere. Now 21,000 voted in Pennsylvania.

Romania:

Mandatory wearing of “protection masks” in closed public spaces, stores, public transportation, at the workplace, in public outdoor spaces such as bus stops, open air markets, outdoor events, crowded urban and tourist areas, religious sites where people cannot practice social distancing and within 50 meters of schools.  This is in addition to the wearing of protective masks in closed public spaces and excludes people who are physically active and children under five years old.  County-level authorities will determine which areas will be subject to the requirement.

Resumption of routine health care by appointment and opening of dental offices;

Opening of hotels, small commercial centers, groceries, cleaners, opticians, stores with direct access to the outside, shopping malls, fitness clubs and outdoor swimming pools;

Private indoor events or no more than 50 people and outdoor events of no more than 100 people (Government Decision of August 31, 2020).

Belgium:

From November 2nd to mid-December, all non-essential shops and businesses offering personal services such as hairdressing will be closed. Other shops have to close by 22:00 and alcohol sales are prohibited after 20:00.

All bars, cafes and restaurants are also closed but they can offer takeaway services until 22:00. Restaurants and bars in hotels can only provide room service. Masks have to be worn everywhere.

Autumn school holidays have been extended until mid-November.

Working from home is mandatory for everyone who can do so.

In Wallonia and Brussels, there is a nightly curfew from 22:00 to 06:00. The exceptions are for urgent medical care and those who have to commute to work.

In Flanders, the curfew is set from midnight to 05:00.

Groups meeting outside are limited to four people.

Gyms, pools and other cultural and leisure facilities are closed.

Christmas markets, winter villages, second-hand markets and public events such as festivals are not allowed.

Football fans, as well as other sports spectators, are no longer allowed to attend fixtures.

France:

France entered a new national lockdown on Friday, October 30.

People are allowed to leave their homes only to go to work (if they cannot work from home), to buy essential goods, seek medical help or to exercise for one hour a day.

Anyone going outside has to carry a written statement justifying their journey, as happened in the first lockdown in March.

All non-essential shops, restaurants and bars are shut, but schools and creches remain open.

Social gatherings are banned.

The rules will be in place until at least December 1. This will be extended into the end of the year and a Bi9den victory into next May.

In addition, in Paris and surrounding areas, a curfew from 21:00 may be reintroduced. It was initially brought in from October 17, but dropped when the national lockdown was announced.

Germany:

Since November 2nd, new restrictions across the country have included the closure of cinemas, theatres, gyms, pools and saunas, as well as restaurants and bars, except for takeaway.

Social contacts are limited to two households with a maximum of 10 people. Large events are canceled and no crowds are allowed at sports fixtures.

Overnight stays in hotels for leisure purposes are banned and all non-essential travel strongly discouraged.

However, schools and creches are open and visits to nursing homes are allowed.

Shops and hairdressers are able to stay open, with strict hygiene rules and limits on the number of customers. Church services and protests are also permitted.

The measures will stay in place until November 30 is what they have said, but it will be extended.

Greece:

A three week nationwide lockdown will start in Greece on November 7th.

People will need to get permission to leave their homes by sending SMS messages for day-to-day requirements.

The new measures include a ban on travel between regions as well as the closure of shops and secondary schools. Nurseries and primary schools will stay open.

People coming to Greece will have to provide a negative coronavirus test.

Earlier measures, introduced in October, include curfew for the worst-affected areas, which include the capital Athens, and closure of restaurants cafes, clubs, cinemas, museums and gyms.

Italy:

A new three-tier framework and further nationwide restrictions have come into force in Italy.

Across the country, museums, which had previously been allowed to stay open, had to close.

There is a curfew from 22:00 to 05:00. During these hours people can only leave their homes for work, medical reasons or emergencies.

Gyms, swimming pools, theatres and cinemas closed in late October and restaurants and bars can only stay open until 18:00.

Gatherings for weddings, baptisms and funerals were banned and people were strongly advised not to leave their immediate areas except for work, study or health reasons.

Schools remain open, but older students have had to switch to remote learning. Public transport has been limited to 50% of its capacity – down from 80%.

In addition to these nationwide measures, the country is divided into red, orange and green zones.

The red zones – the areas with the highest level of infections – had to close all bars, restaurants and most shops, including hairdressers and beauticians. Factories and essential services have remained open, including pharmacies and supermarkets, as was the case during lockdown in March.

In orange zones, restaurants and bars have closed, but hairdressers and beauty salons remain open.

In the green zones, there are no further measures beyond the nationwide curbs.

Among the rules throughout the country is that masks have to be worn everywhere indoors and outdoors, except in private homes.

Spain:

On Sunday, October 25, Spain began its nationwide curfew, after the government declared a new state of emergency.

People in all regions, with the exception of the Canary Islands, will have to stay at home between 23:00 and 06:00.

The only permitted journeys are going to work, buying medicine or caring for elderly people or children.

Public and private gatherings are limited to six people.

The state of emergency was initially put in force for 15 days but was later extended by parliament until early May 2021.

Spain’s regional leaders can modify the start and end times of the curfew in their territory and can also close regional borders to travel.

The nationwide measures follow a number of regional measures that were introduced earlier in October.

Netherlands:

Bars, restaurants and coffee shops can only serve takeaways.

The sale of alcohol in shops and restaurants is banned after 20:00, and you are not allowed to drink alcohol in public after that time.

All shops, apart from supermarkets, must close by 20:00 across the country.

People are advised to stay at home and work from home as much as possible.

Events like open-air concerts and funfairs are banned.

The measures were introduced on 13 October and will stay in place for at least four weeks.

Previous measures, such as wearing masks on public transport, in shops and other indoor places, will also continue to apply.

Schools, gyms, swimming pools and saunas are open, and children under the age of 18 can continue playing amateur sports.

In a further announcement, public meetings of more than two people from different households were banned and museums, theatres, cinemas, zoos and amusement parks were ordered to close. These measures will be in place until November 25th.

Portugal:

New lockdown restrictions took effect on November 4th in 121 municipalities with a high infection rate. The areas are home to around 70% of the country’s population. People there will only be allowed to leave their homes for work, school or other essential tasks.

The measures will be reassessed every two weeks.

Masks are compulsory in outdoor spaces, for everyone aged over nine.

Movement between Portugal’s municipalities had already been prohibited.

Earlier measures include the closure of commercial establishments by 23:00 and a ban on selling alcohol in shops and petrol stations after 20:00.

Drinking alcohol is banned in public places unless it has come with a meal.

Gatherings are limited to a maximum of five people. University parties are banned but up to 50 people are allowed at weddings and baptisms.

Sweden: Lockdown measures not imposed

There was no lockdown in Sweden but, in line with government advice, most people respected voluntary social distancing and started working from home where possible.

The number of new infections is now rising again, but not as sharply as in some other parts of Europe.

Stricter local guidelines have been introduced in eight out of 21 Swedish regions, including the capital Stockholm and the two other largest cities, Gothenburg and Malmo.

They include advice to avoid public transport and in-person contact with other households as well as non-essential shops, shopping malls, gyms and other sports training venues, museums and concerts.

The measures are voluntary and they currently apply until November 17 or 19, depending on the region, but they could be extended.

Masks are still not recommended but there is a limit on the number of people sitting together in cafes and restaurants – a maximum of eight per table.

On November 1st, a nationwide legal ban on public gatherings of more than 50 people was lifted. Socially-distanced events for up to 300 people are now allowed, but few are expected to go ahead in the regions with new guidelines.


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London Cops Destroying Their Own Country


Armstrong Economics Blog/Tyranny Re-Posted Nov 6, 2020 by Martin Armstrong

These London cops are a disgrace. The entire country has to be locked down into year-end but they can walk around with paper masks that the box even says they will not prevent any disease. They are obviously too stupid to understand that when Boris is done, there will be no small businesses that survive. They are helping to implement Communism 3.0 and they are acting against their own families. You cannot rebuild the economy after wiping out small businesses that employ 70% of the work force.

2020 Election – It ain’t over under the fat lady sings


Armstrong Economics Blog/Politics Re-Posted Nov 4, 2020 by Martin Armstrong

This 2020 election does more than show that Socrates has beaten every pollster out there calling into question their manipulation bias when a computer can just look at the voting pattern without talking to anyone. The neck-to-neck of this US election goes to show that the Democratic Party is a disaster. They have torn the country apart with Russian allegations, impeachments, and tearing up the State of the Union speech before the entire world. They have shown that this hostile takeover of the United States is by no means over and they have laid the seeds of a civil war just as the Democrats did before supporting slavery in the South against the Northern Republicans led by Lincoln.

The sheer fact that this election is neck-to-neck after everything they have done in the last four years goes to show you that they have been part of the Great Reset and Pelosi supports draconian lockdowns that destroy small business and jobs as they pull off in Europe.

As they say, the Democratic Party has at least shot themselves in the foot if not the head because even if Biden wins, it would not be definitive. This is too razor thin and the people will revolt if they try to implement the COVID restriction you see in Europe destroying jobs and handing out Guaranteed Basic Income checks suspending mortgages and undermining the entire credit market structure. As they say, this ain’t over under the fat lady sings* – which may be the Supreme Court.

*Note it is just a saying in the USA that is not intended to be derogatory against opera singers.

Schwab & Piketty – Evil Dynamic Duo


Armstrong Economics Blog/Socialist Re-Posted Nov 4, 2020 by Martin Armstrong

COMMENT: The following excerpt is concerning Klaus Schwab and the Great Reset. It is taken from an article written by Paul Cudenec, entitled “Wrong Kind of Green.”
“Born in Ravensburg in 1938, Klaus Schwab is a child of Adolf Hitler’s Germany, a police-state regime built on fear and violence, on brainwashing and control, on propaganda and lies, on industrialism and eugenics, on dehumanisation and “disinfection”, on a chilling and grandiose vision of a “new order” that would last a thousand years.
Schwab seems to have dedicated his life to reinventing that nightmare and to trying to turn it into a reality not just for Germany but for the whole world.
Worse still, as his own words confirm time and time again, his technocratic fascist vision is also a twisted transhumanist one, which will merge humans with machines in “curious mixes of digital-and-analog life”, which will infect our bodies with “Smart Dust” and in which the police will apparently be able to read our brains.
And, as we will see, he and his accomplices are using the Covid-19 crisis to bypass democratic accountability, to override opposition, to accelerate their agenda and to impose it on the rest of humankind against our will in what he terms a “Great Reset“.

Schwab is not, of course, a Nazi in the classic sense, being neither a nationalist nor an anti-semite, as testified by the $1 million Dan David Prize he was awarded by Israel in 2004.
But 21st century fascism has found different political forms through which to continue its core project of reshaping humanity to suit capitalism through blatantly authoritarian means.
This new fascism is today being advanced in the guise of global governance, biosecurity, the “New Normal”, the “New Deal for Nature” and the “Fourth Industrial Revolution”.
End of Excerpt

DC

REPLY: I see Klaus Schwab as a very dangerous academic along with his buddy Thomas Piketty. I have gone over both Schwab’s “Fourth Industrial Revolution” and stakeholders economics, which is fascism, and Thomas Picketty’s books, “The Economics of Inequality” and his “Capital in the Twenty-First Century.” I have tried to address every point they make. Piketty’s research is tainted by the fact that he attempts to prove inequality rather than investigate how the economy functions. Schwab is neither a programmer nor does he have any practical experience in the non-academic world. Yet, this dynamic duo has managed to hoodwink world leaders into believing we need a new communist world 3.0.

The End of Britain?


Armstrong Economics Blog/BRITAIN Re-Posted Nov 4, 2020 by Martin Armstrong

COMMENT: Marty,

Each day that passes the picture becomes more clear…..

In this case, Britain stating that workers will get 80% of wages paid during the lockdown and if it gets extended, so will the wages…quite simply, you kill the businesses and buy off workers with 80%(net of the taxes they might have paid), to keep the sheep passive…companies disappear and never reopen. Then one day people wake up to no jobs, companies closed. But they still get paid by the government, which then replaces the currency with digital money they control, at each point of sale. Taxes collected.

Left standing? The state. Deceased? Millions of jobs. No tax base. Apparently no need since they will simply electronically create whatever is needed. The state will then condemn businesses that no longer exist and can’t pay taxes. They then take over private property, becoming the largest owner in the country. Small and medium businesses disappear. People no longer work…they are locked in place. Society then moves toward fuedalism as the state becomes the major landowner, dictating everything. People then work for the state at prices they set, which now becomes the market.

Armies disappear, police forces are increased, but monies then are reallocated to get directed at expanding total control over people. Travel and leisure as we once knew it are over.Worse than any sci-fi movie I have ever seen…

MS

REPLY: I personally believe that Boris Johnson has been bribed. There is absolutely no evidence that COVID is dangerous to warrant the total closure of the economy. This is clearly the Great Reset and it is intended to impose Communism 3.0. Boris will not pursue BREXIT. This is all an agenda and he has abandoned all conservative values, so there can be no other explanation other than he has been bribed to destroy the British economy. I fear I will never see London again in my lifetime. This is the end of tourism in Europe. This is the Gates/Soros/Schwab agenda.

England and Scotland became the United Kingdom by the Acts which took effect on May 1, 1707. On this date, the Scottish Parliament and the English Parliament united to form the Parliament of Great Britain, based in the Palace of Westminster in London, the home of the English Parliament. Hence, the Acts are referred to as the Union of the Parliaments. One of the reasons why our models also projected that Brexit would succeed against the polls was that this was in line with the 309.6 year Model on the UK — 2016. It looks like 2021/2022 will be a very tumultuous period for Britain.Categories:BRITAIN