Armstrong Economics Blog/Economics Re-Posted Aug 25, 2022 by Martin Armstrong

QUESTION:  Dear Mr. Armstrong,
First, thank you for all the wonderful work you do. I have been following your blog for many years and am always amazed at your insight and historical knowledge. I had a question regarding your assertion that the WEF/ Globalists will not win. I am assuming you mean that their vision of a worldwide Chinese-style technocracy run by the United Nations will not take hold. But if we are also looking at the certain breakup of the United States from which there is no turning back, a defeat in WWIII with China and Russia as they win and rise to be the main players on the world stage, are we not losing everything, anyway?
How will we ever hope to restore peace, liberty, democracy, and prosperity as most American citizens understand it if China and Russia end up controlling everything, and our country is left permanently fractured and therefore weaker?
Again, thank you for everything you do to help people understand what’s coming down the road. Your insight is always invaluable.

EM

ANSWER: All we can do is look at history. As my mother used to say, “There’s a time and place for everything.” What we are looking at is simply the natural cycle of the rise and fall of nations. Schwab will fail with Soros, and their dream of a one-world government is absolutely stupid, and it illustrates that both are totally ignorant of history or humanity. Just look at Congress. They vote on party lines. There is no agreement, and you really expect that the world can be brought to a one-world government?

The EU is not working, and that was the very same theory. The old tensions and distrust go back centuries in Europe. The Germans refused to join if all the debts were combined, and now you have countries complaining that one pays more in interest rates than another. Here is the former head of France stating in Parliament that the entire idea of the EU was that this one-European government would end all European wars. This was pushed by Schwab and Soros.

The EU Commission came to our 1997 WEC in London. I warned them that this would fail without the consolidation of the debts. They said that they just had to get the euro in and then worry about the debts later. I tried to explain the crisis to Kohl, but he would not listen. He would not even put joining the euro to a vote, knowing that the German people would reject the whole idea.

When Rome fell, it broke up into fiefdoms. The barbarians issued coins that imitated that of Rome. They pretended to be Roman, for they wanted the air of that civilization. There was no unity — all separated enclaves. It was not until Charles Martel (c. 688–741), who established the Caroline dynasty, where Charlemagne (747–814 AD) was eventually crowned as Emperor of the Holy Roman Empire by the Pope. Do you see the trend to create unified states once more?

Therefore, following the collapse of Rome, it was the typical cycle of 31.4 x 8.6 years = 270 years before we began to see the rise once again of formal civilizations. Europe had broken apart into simple fiefdoms that were not united. The unification came only because the Arabs began to seek the conquest of Europe and Charles Martel began to rise up to defend when became Europe once again after the Battle of Tours. He unified the Franks into a nation-state.

When Charles died, he divided Francia between his sons, Carloman and Pepin. Charlemagne came to power under Pepin. Pepin’s death opened the door to civil war as the conflict between his heirs and the Neustrian nobles who in turn sought their own political independence.

While the silver denier became the coin of Europe during the 8th century, it was not until the 13th century that we see gold reemerge as coinage. In actual Europe, that took nearly 800 years to pass before gold coinage reappeared.

However, after the Great Monetary Collapse of gold in the Byzantine Empire in 1092, it took 172 years for good gold to reappear in Europe. When Constantine founded Constantinople in 330 AD and moved the capital of the Roman Empire from Rome to his new city, which is now Istanbul, the seat of power shifted from Byzantium back to Europe. That interval was again about 800 years.

Columbus was trying to get to India, which was the financial capital, for it moved to Asia after the fall of Byzantium. That is why he calls the Americans “Indians.” He chose the wrong Greek mathematical who thought the world was round but smaller than it actually is. Columbus’ discovery of America was by sheer accident.

The West will fall and fragment. I do not see the US being occupied by Russia and China. There will be no one-world government. That is NEVER going to take place. Even in the aftermath, when the West has fallen, you will then see Russia and China become foes. Cycles are inevitable. So the world, according to Schwab, is the dream of a fool who ignores human nature and history.