The Sovereign Debt Crisis Arrives


Armstrong Economics Blog/Sovereign Debt Crisis Re-Posted Dec 26, 2021 by Martin Armstrong

While the world is turning, the economic crisis emanating from the SovereignDebt Crisis in Europe is propelling a very serious outlook as we head into 2022. I have been warning for the past 10 years that the situation would become critical. I have attended meetings with many central banks over this period warning that governments cannot continue to borrow perpetually with no intention of repaying what they borrow.

The Day of reckoning is arriving. They have been using this COVID-19 whipping it up into a panic for the shear purpose to bring us to the point where their solution will be to default disguised as a solution for the poeple. I will report on the real state of the world financial system and it may be shocking for most. This is not a question of simple hyperinflation for that even implies that the currency survives, The real outlook is far from the claims of the pundits that keep pitching the same story for decades since the collapse of Bretton Woods. Those in power are already running stories that there will be an armed revolution if Trump does not win in 2024, It would be nice if we even have that long before political chaos upsets the financial system.

There will NEVER be a return to normal. These people have divided the people on race and politics and the key to civilization has always been that people come together when they ALL benefit. Civilization collapses when you divide the people, and turn one group against the other.

The Great Unwashed – We The People Are Seen as The Problem


Armstrong Economics Blog/Corruption Re-Posted Dec 23, 2021 by Martin Armstrong

When the people rise up against the tyranny of government, suddenly this is being fueled by populism that must be terminated. It was John Kerry at Davos who was “warning of the dangers of economic populism,” and added that politicians, like Trump, should not listen to the people. “It’s really dangerous to play to the lowest common denominator of American, of global political life.”

The hypocrisy of this statement is really a slap in the face of what we call a free society. It is OK to appeal to the lowest denomination within society that we need to strip the rich of their toys but it is not OK if someone appeals to the people to rise up against the corruption within governments.

They call Snowden a traitor when he told the people the government was acting illegally against the people. Treason is not against the country or the people but is now defined as exposing those in government.

There are those in power like John Kerry who see only their self-interest and not the people. They have no intention of ever even representing the people. This is a political system based upon fraud. Individuals will run for office and declare what they stand for, but when they get to Washington, they are told they MUST vote party lines.  It no longer matters what someone running for office promises, they are told they must vote for the agenda and in this case, it is Agenda 2030 coming from the World Economic Forum.

This is why there is a movement to terminate the right of the people to vote for anything meaningful. We are too stupid to know what is best for us and how dare we expect that government is there for the people – it is there to exercise power. We are the Great Unwashed! We have no representation and we are taxed, regulated, and oppressed all for an agenda that was never submitted to the people anywhere for a vote if this is the future we want to live in.

So when Schwab declares that we construct the future, he did not mean We the People. We have come full circle in politics. Between here into 2032 it will increasingly become apparent that this is a battle for freedom and the future we wish to leave behind. They do not believe in God. Like Marx, they see religion as merely a tool for manipulation. Believing in God is equivalent to believing a politician will actually do what he promises.

This has indeed gone full circle. There has been a major effort to terminate free speech and Google has been aiding the destruction of our way of life.  The American Revolution was against tyranny and tyranny has proclaimed it has the right to govern we the Great Unwashed who are unworthy of ever having a worthwhile belief or thought. Many also believe in this elitist group that there are too many of us and the herd must be thinned.

Rental Costs on the Rise Amid Diminished Supply


Armstrong Economics Blog/Real Estate Re-Posted Dec 23, 2021 by Martin Armstrong

Demand for rentals in the US is increasing at an alarming pace. Single-family rentals rose 10.9% in October year-over-year, according to a report by CoreLogic. There are simply not enough rental properties available to meet demand. Vacancy rates are at a 25-year low as those priced out of the buyer’s market search for housing.

Rentals in every price range are on the rise. The lower-priced homes that represent 75% or less the regional median rose 9.5%. Lower-middle priced homes that represent 75% to 100% of the regional median are up 10.1%. Higher-middle priced homes representing 100% to 125% of the regional median are up 11.3%, while the highest-priced homes (125%+) advanced 11.4%.

On a regional basis, Miami saw the largest spike with rentals increasing 29.7% in the past year. Phoenix (19.3%) and Las Vegas (16.5%) also experienced notable increases. Thanks to Lori Lightfoot, Chicago experienced the lowest annual growth among larger cities at 4.2%.

The National Association of Home Builders stated that housing starts specifically for rental units reached a high in Q3. However, there is simply not enough available housing to meet the growing demand. Additionally, numerous landlords are also now converting their spaces in desirable areas to Air BnBs and vacation rentals, further diminishing the supply. As remote work becomes prominent in American culture, people are flocking to the suburbs and areas that were not designed to host a growing population.

The Economy is Doing So Well, the White House Extends Loan Repayment Freeze for 90 Days


Posted originally on the conservative tree house December 22, 2021 | Sundance | 132 Comments

The White House occupant cannot afford to lose the little support he has left from the fractured sheeple masses and special interest groups.

With polling collapsing Biden’s influence on an almost daily basis, Chief of Staff Ron Klain deployed the puppy strategy. Not surprisingly that fell flatter than curling ice, and making matters worse, people realized to the Biden family dogs are politically disposable tools for optics only.  Add on the rebuke of the Build Back Better spending boondoggle and, well, there’s panic in the corps.

According to the White House, the U.S. economy is doing great, things are perfect and getting better.  The economy is doing so well, students can’t afford or find jobs to pay back their loans.  Wait a min.., wha… huh?

WHITE HOUSE – […] “today my Administration is extending the pause on federal student loan repayments for an additional 90 days — through May 1, 2022 — as we manage the ongoing pandemic and further strengthen our economic recovery. Meanwhile, the Department of Education will continue working with borrowers to ensure they have the support they need to transition smoothly back into repayment and advance economic stability for their own households and for our nation.” (read more)

Pay no attention to the conflicted messaging.  You are not allowed to ask the question: if the economy is so great, then why do former college students need even more time to start paying back their loans?   Remember, in order for moonbat Democats to continue advancing their insane ideology, they must pretend not to know things.

We have another three months before we need to find a job, cool.

Did you know any of this was going on? I didn’t. Florida a Sovereign State? Hell, yes, let’s go for it – screw D.C. 


I got this from a friend yesterday.

Oklahoma is the only state that neither Obama nor Biden won even one county in their last election… While everyone is focusing on Arizona’s, Georgia, and Texas’ new laws, look what Oklahoma has been doing!!!!      

Illegals, round them up and ship them back to where they came from unless they want to get a green card and become an American citizen. They all scattered. (HB 1804.) This was against the advice of the Federal Government, and the ACLU, they said it would be a mistake.  

Guess what………. Oklahoma did it anyway.  

Recently Oklahoma passed a law to include DNA samples from any and all illegal’s to the Oklahoma database, for criminal investigative purposes. Pelosi said it was unconstitutional (SB 1102) 

Guess what……… Oklahoma did it anyway.  

Several weeks ago, they passed a law, declaring Oklahoma as a Sovereign state, not under the Federal Government directives. Joining Texas , Montana and Utah as the only states to do so. More states are likely to follow: Louisiana, Alabama, Georgia, Carolina’s, Tennessee, Kentucky, Missouri, Arkansas, West Virginia, Mississippi and Florida. Save your confederate money, it appears the South is about to rise up once again. (HJR 1003.)  

The federal Government has made bold steps to take away our guns. Oklahoma, a week ago, passed a law confirming people in this state have the right to bear arms and transport them in their vehicles. I’m sure that was a setback for the criminals The Liberals didn’t like it.

But….Guess what……….. Oklahoma did it anyway.  

Just this month, the state has voted and passed a law that ALL drivers’ license exams will be printed in English, and only English, and no other language. They have been called racist for doing this, but the fact is that ALL of the road signs are in English only. If you want to drive in Oklahoma, you must read and write English.   Really simple. By the way, the Liberals don’t like any of this either .  

Guess what……… Oklahoma is doing it anyway.  

Guess what …… the people I’m sending this to, will send it on. Well, at least the ones who love and believe in freedom will!

Populism/Democracy Must be Terminated!


Armstrong Economics Blog/Politics Re-Posted Dec 22, 2021 by Martin Armstrong

The LEFT knows it is in serious trouble. This is why Biden had his Democracy Summit, which was a joke. Biden’s polls have collapsed. California is in crisis mode. The LEFT has defunded police, and violent crimes have exploded. Stores are subjected to organized gang shoplifting. So now we find that the LEFT is crying democracy will end by 2024, and this is coming from Hillary Clinton, Adam Schiff, and other elite intellectuals on the LEFT, including the media. These dire predictions about democracy are in preparation for them declaring that the elections were rigged by Trump’s minions. Democracy is dead in Europe already. The people do not vote for the European Commission that makes the laws nor for the head of Europe. Nobody with power ever faces the people in an election. Europe is not even a Republic.

Back in 1985, when this Private Wave began at 1985.65, I warned that historically (1) the first time a non-career politician could win would be 31.4 years into this wave. That marked the very day that Trump was elected. Trump faced opposition from the LEFT, who were so angry their hair was on fire. But Trump’s most fierce opposition was from the career Republicans such a John McCain and others. As I have warned, after more than 40 years of advising governments, what became clear was that in Washington, they do not like anyone in the White House who is not from Washington. They were even upset when Ronald Reagan was elected because he was a governor and not a Washington insider.

Hillary Clinton has declared that if Trump wins in 2024, “Democracy as we know it will come to an end.” Adam Schiff claims that in the 2022 midterms, the Republican Party is out to turn America into an autocracy, which is a government by a single person having unlimited power; despotism. That is precisely what the Democrats are doing with Biden. He is not governing from the middle. He makes Obama look like a Republican. Biden is already preparing to push for COVID vaccines in 2022 for children under 5-years-old. All of this for a disease that is no more lethal than the flu to the same group of people.

I used to respect Brian Williams years ago, but that vanished. Despite claiming, “I am not a liberal or a conservative. I’m an institutionalist,” his slant became more and more to the LEFT, which is not what this country was founded upon.  Williams continued: “I believe in this place and in my love of country I yield to no one. But the darkness on the edge of town has spread to the main roads and highways and neighborhoods. It is now at the local bar and the bowling alley, at the school board and the grocery store. And it must be acknowledged and answered for.”

This entire investigation into January 6th and calling it an “insurrection” is political posturing to use this to claim that a Republican victory in 2022 will be rigged. It will be the Democrats who will advocate violence, for it is their way or no way. Videos clearly show there were other people in there who were not the protesters. There are videos claiming a pipe bomb was left, yet the person who planted it was never found. This is all political posturing to force their LEFT agenda and to overthrow the Constitution.

From the moment Trump was elected, suddenly DEMOCRACY became POPULISM, which was simply unacceptable. Yes, democracy is coming to an end. This is how all great empires die — they commit suicide from within. All you have to do is look at the 2030 Agenda from the World Economic Forum. They have bluntly stated they want to end the right of the people to have any say whatsoever because we are too stupid to vote. “Populism” must end.  It was John Kerry at Davos who was “warning of the dangers of economic populism,” and added that politicians, like Trump, should not listen to the people. “It’s really dangerous to play to the lowest common denominator of American, of global political life.” We are the Great Unwashed!

This is the sentiment in the White House right now!

Biden Views on Main Street Economics Make No Sense, Even When He Shouts About Them


Posted originally on the conservative tree house on December 21, 2021 | Sundance | 239 Comments

Joe Biden makes no sense, and unfortunately Joe Biden doesn’t know he makes no sense.  Instead, the current installed occupant in the White House just shouts about talking points the champagne socialists bring up at their cocktail parties.

Overall inflation is crushing the middle class on a cross-sectional scale I have never before witnessed in my lifetime.  Every sector of the economy on Main Street is simultaneously under fire from unavoidable massive increases in prices on all types of goods.

Food, fuel, energy, gasoline, transportation, raw materials, every single sector is under massive inflationary pressure.  Biden believes that he can offset these massive costs to the average American worker by providing subsidies for some childcare, some education and some prescription costs.  He really believes this, yet everything about this subsidized cost approach is wrong.   Listen to the longer version of his explanation (3 minutes):

Despite the popularity of these leftist talking points, there’s no truth to them.

The government cannot subsidize its way to prosperity by redistributing the wealth of workers.  The government cannot stop inflation and simultaneously print money. The high cost of childcare is not keeping women out of the workforce.  Nothing is free from the federal government.  The federal government earns no income, it confiscates the income of workers.

The “17 Nobel Laureate” economists he proclaims support his Build Back Better deal to reduce costs for the middle class are the same “17 Nobel Laureate” economists who claimed, wrongly, inflation was “transitory” six months ago.  They have since retracted their prior claims, because it was all based on nonsensical Wall Street propaganda.

The International Criminal Court – Fighting For the People (Part I)


Armstrong Economics Blog/Human Rights Re- Posted Dec 21, 2021 by Martin Armstrong

A team from the UK has filed a complaint with the Prosecutor of the International Criminal Court on behalf of the people. The report alleges that government officials, pharmaceutical executives, and others profiting from the pandemic have violated the Nuremberg Code, committed war crimes and crimes against humanity, as well as aggression against civilians. The 44-page complaint extensively lists the crimes committed by the following individuals:

The complaint states that the aforementioned individuals have committed the following crimes:

– Violations of the Nuremberg Code

– Violation of Article 6 of the Rome Statute

– Violation of Article 7 of the Rome Statute

– Violation of Article 8 of the Rome

– Violation of Article 8 bis3 of the Rome Statute

The document contains a lot of detailed information that I will summarize:

COVID Is a Biological Weapon – Gain of Function Research

COVID was created in a laboratory. Leo Poon. Dr. Li-Meng Yan and her team published a report (Appendix 4) claiming that the novel coronavirus was developed “as a laboratory product created by using bat coronaviruses ZC45 and/or ZXC21 as a template and/or backbone.” ZC45 and ZXC21 were discovered between July 2015 and February 2017 in military research laboratories. Once the Shanghai Public Health Clinical Centre, a non-military laboratory, published a conflicting report and was quickly forced by the government to retract its statement. “The existing scientific publications supporting a natural origin theory rely heavily on a single piece of evidence – a previously discovered bat coronavirus named RaTG13, which shares a 96% nucleotide sequence identity with SARS-CoV-2.”

Again, all evidence discredits the notion that the COVID-19 virus developed naturally. “The National Institutes of Health (NIH) in the USA has admitted to funding gain of function research on bat coronaviruses at China’s Wuhan lab – despite Dr Anthony Fauci repeatedly denying this.” There is clear evidence that the NIH funded gain of function research between 2014 and 2019. A $3.1 million grant was awarded to EcoHealth Alliance for coronavirus studies on bats. Another grant of $599,000 was provided to the Wuhan Institute of Virology to also study COVID in bats.

Conclusion: The coronavirus did not develop naturally. Rather, the virus was deliberately created in a laboratory after years of government-funded research.

Experimental Vaccines

The vaccine received temporary authorization under Regulation 174 of the Human Medicine Regulations Act (2012). The report notes that mRNA vaccines have never been approved for human usage and the effects are completely unknown. “The long-term effects and safety of the treatment in recipients are unknown. It is important to note that the Corona Virus ‘vaccines’ are the world’s first introduction to the synthetic m-RNA technology and all previous immunisations [sic] worked in a totally different manner, by way of introducing a deactivated or weakened virus to the body to trigger a natural arousal of the immune system against it.”

The COVID vaccination should be categorized as a gene therapy as it does not meet the requirements for the term “vaccine.” In February 2021, Merriam-Webster changed the definition of “vaccine” to include the COVID-19 mRNA injection. Dr. Mike Yeadon stated in the report: “It’s not a vaccination. It’s not prohibiting infection. It’s not a prohibiting transmission device. It’s a means by which your body is conscripted to make the toxin that then allegedly your body somehow gets used to dealing with it, but unlike a vaccine, which is to trigger the immune response, this is to trigger the creation of the toxin.”

Conclusion: The COVID-19 injection is not a vaccine, but rather a mass experimental form of gene therapy with unknown consequences.

Presence of Graphene Hydroxide in Vaccines

German chemist Dr. Andreas Noack was one of the EU’s top graphene and carbon experts who formulated his doctoral thesis by converting graphene oxide into graphene hydroxide. Dr. Noack examined the vaccines along with other experts and found that the vaccines contain graphene hydroxide. “On November 23, 2021, Dr. Andreas Noack released a video explaining what graphene hydroxide is and how the nano structures injected into the human body act as ‘razor blades’ inside the veins of ‘vaccine’ recipients. Dr. Andreas goes on to explain how due to the nano size of the graphene oxide structures they would not show up on an autopsy as toxicologists can’t imagine that there are structures that can cut up blood vessels causing people to bleed to death on the inside so they would not be looking for them, given their atomic size.”

After speaking out about graphene hydroxide in vaccines on a live stream broadcast, Dr. Noack was arrested on film by German police. On November 26, 2021, Dr. Noack was attacked and murdered. His case remains unsolved.

Conclusion: There is graphene hydroxide in the vaccine, and Dr. Noack was assassinated for speaking the truth.

The Two Paths to Build Back Better


Armstrong Economics Blog/War Re-Posted Dec 21, 2021 by Martin Armstrong

We must understand that the idea that ONLY a war will achieve this goal of a one-world government goes hand-in-hand with this theory that Marxism would have worked if it spread to Europe and the United States – not just Russia and China. That historical view of looking at the past through rose-colored glasses is absurd. Communism in Russia sought to brainwash the people, instructing children that the state was their parent, not their biological parents, and if they spoke against the state, they should report their biological parents to the state.

Russia outlawed religion. The Pope is a Marxist linked to the World Economic Forum who has been turning religion on its head. He is the first Pope ever to claim that adultery is no big deal and the first to demand that Latin Masses be banished. He has been part of the Catacomb Pact that was intended to strip the church of its religious doctrines and instill those of Marxism. Pope Francis’ links to the World Economic Forum are very disturbing, for the very heart of Marxism is the rejection of God.

We see this listening carefully to the words of Klaus Schwab, where he dismisses both God and nature and is really proclaiming that humans construct the future. He assumes we are all-powerful and can reshape the future to fit our theories. Every respect for nature and even God has been rejected. This is Marxism, where we possess the power to change how the world functions, despite the fact that this very arrogance precludes any debate or research.

If there was ever a time when the West is crumbling from within, and the end gold is to Build Back Better creating a new world order from the ashes, there have been two schools of thought. First, there have been those who believed that creating another Great Depression would achieve that objective just as Roosevelt ended free-market capitalism. The second is that to also reduce the population, we need a war to achieve all the goals and Build Back Better as they did following World War II.

Anything less than those two types of events will not achieve their goal. They tried the whole climate change agenda using a 16-year old girl but that failed. They raised her to the world stage and paid for her travel to even Canada in an attempt to get Alberta to stop producing fossil fuels.

They put her in at Davos and Schwab made his movie, “The Forum,” which was supposed to be about his 50-year career, but it became a propaganda pitch for climate change. Jenifer Morgan of Green Peace allegedly authored all the scripts that Greta would stand up and read.

Russia’s Demands v USA

The publication of the demands of Russia for peace in Europe comes amid soaring tensions over a Russian troop buildup near Ukraine that has drawn fears of an invasion. Moscow has denied plans to attack its neighbor but demanded the West provide a set of legal guarantees precluding NATO’s expansion to Ukraine and the deployment of the alliance’s weapons there, a demand NATO has rejected. Putin is displaying force which honestly NATO would be unable to match and Biden is the perfect president to invite World War III because not that he has lost his mental ability to handle decisions in war (i.e., Afghanistan), but that the cronies constituting his Administration are only focused on the environment t and aiding the World Economic Forum’s agenda to create a one-world government under Marxism headed by the United Nations. This is the PERFECT time for Russia to make such demands that the USA and NATO would never agree to thereby justifying the invasion of Europe.

Deputy Foreign Minister Sergei Ryabkov said that Russia’s relations with the USA and its NATO allies have approached a “dangerous point,” noting that alliance deployments and drills near Russia have raised “unacceptable” threats to its security. Russia has used this as justification to publish its draft security pacts, demanding that NATO deny membership to Ukraine and other ex-Soviet countries and roll back the deployment of troops and weapons in central and eastern Europe. None of this would have happened under Trump or any other sound politician who is NOT the puppet of Klaus Schwab and his consortium, which includes George Soros.

The documents, published on Friday, also call for a ban on sending the US and Russian warships and aircraft to areas from where they can attack each other’s territory as well as a halt to NATO military drills near Russia’s borders.

The proposals were submitted to the United States and its allies earlier this week and contain elements – such as an effective Russian veto on future NATO membership for Ukraine – that the West has already ruled out. NATO’s secretary-general emphasized on Friday that any security talks with Moscow would need to take into account the alliance’s concerns and involve Ukraine and other partners. The White House similarly said it’s discussing the proposals with US allies and partners, but noted that all countries have the right to determine their future without outside interference. The publication of the draft pacts comes amid soaring tensions over a Russian troop build-up near Ukraine that has drawn Ukrainian and Western fears of an invasion. Moscow denies plans to attack its neighbor.

Dear Leader Approval Rating Hits Historic Low, 66 Percent of Independents Disapprove of Joe Biden


Posted originally on the conservative tree house December 20, 2021 | Sundance | 166 Comments

A new NPR-Marist Poll [pdf HERE] reflects an even larger collapse of support for the current occupant of the White House.  Generally, most media polling is irrelevant due to the bias constructs, however, at least in this poll the methodology is transparent.

The top line is Biden’s approval rating at a new 41 percent low, with 55 percent of adults disapproving of the job dear leader is doing – 29 percent of those who identify as independent approve, and 66 percent of independents disapprove. [Poll Data]

The recent COVID Christmas messages from the White House are not likely to improve the situation.  However, that said, this lack of support for Dear Leader highlights the irrelevance of any pressure that national communists may wish to attempt against less ideological members within their own party.

Wishing “a winter of severe illness and death for yourselves, your families, and the hospitals you may soon overwhelm,” is not exactly a message of endearment from the unstable people who currently control government.

{SOURCE}

Comrades, it does not appear that the White House is attempting to garner any support from the non-communists in the country.

The official government Christmas messaging appears to be several levels more divisive than calling people “deplorable”.