WEF & Google Conspire Against the People


Armstrong Economics Blog/WEF Re-Posted May 1, 2023 by Martin Armstrong

There is nobody on our side in anything. All they are doing is manipulating society for their own agenda. They refuse to allow any debate and this is part of the Decline & Fall of Western Society as we move into 2032. They see the world only from their self-interest and cannot grasp that this is the very process of how empires decline and fall. They commit suicide from within, that weakens their defense, and then the barbarians swam in for the kill. Unfortunately, history repeats because human nature never changes.

Neocon’s Endorsement for 2024


Armstrong Economics Blog/Politics Re-Posted Apr 11, 2023 by Martin Armstrong

The Neocon Endorsement for 2024 – Invade the Entire World

Why should Canada and Mexico escape?

If they could do it in 2020 – they can do it again in 2024.

Yellen Admits Truth Behind the Inflation Reduction Act


Armstrong Economics Blog/Corruption Re-Posted Apr 11, 2023 by Martin Armstrong

The Inflation Reduction Act has only increased inflation. Secretary of the Treasury Janet L. Yellen came out and admitted the truth – the act’s entire premise is to push the climate change agenda forward. “The Inflation Reduction Act is, at its core, about turning the climate crisis into an economic opportunity,” Yellen admitted.

It provided the government with an opportunity to eliminate our energy independence. We did not have an energy crisis before Joe Biden took office. He killed the Keystone deal on his very first day in office and has been promoting the larger WEF Build Back Better plan at the expense of the nation. Biden implemented policies that worsened inflation and then convinced mindless politicians, who never read the large bills put forward, to vote for a $369 billion act under the premise of fixing a problem he created.

Now Joe Manchin, who brokered the deal with Biden, claims he was duped into believing the act was actually designed to reduce inflation. In an op-ed published in the Wall Street Journal, Manchin criticized the need to raise the debt ceiling as a “needless emergency.” Manchin wrote:

“America is fast approaching another needless emergency—the raising of the national debt ceiling. This impending crisis isn’t an accident but a result of the inaction of various actors who refuse to confront fiscal reality, sit down, negotiate and make hard decisions for the sake of our nation’s future. While all parties have a responsibility to negotiate in good faith, recent actions make clear to me that the Biden administration is determined to pursue an ideological agenda rather than confront the clear and present danger that debts and deficits pose to our nation.”

He goes on to state that the national debt is nearly $31.5 trillion, “or close to $95,000 for every man, woman, and child, and represents 120% of our gross domestic product.” He proposes negotiating the debt ceiling and is pleading with “Mr. Biden to instruct his administration to implement the Inflation Reduction Act as written and stop redefining its credits and other subsidies.”

The Senator from West Virginia stated that Americans will pay the price for generations if Biden fails to act, but Yellen has now admitted that the goal of the IRA has been achieved. As Trump said, if you put the worst five presidents in American history together, they’ve done less damage to the nation than Biden in under three years.

Is the WEF is a Marxist Indoctrination Center?


Armstrong Economics Blog/Socialist Re-Posted Mar 28, 2023 by Martin Armstrong

Karl Marx said:

“Men make their own history.”

South Africa’s Power Grid is Failing


Armstrong Economics Blog/Africa Re-Posted Mar 21, 2023 by Martin Armstrong

South Africa is desperate for allies, economic allies. The country is failing and the people are suffering. There is international outrage right now misdirected at South Africa for its desire to host the Bric summit with Russia, China, Brazil, and India. The International Criminal Court (ICC) wants to arrest Putin for his war crimes, and President Cyril Ramaphosa is defending his position to invite Putin before the invitations for the event have even gone out. I warned that countries who were previously banned from discussions at the big table would turn to China and Russia for support since the West has abandoned them. “What about Ukraine!” the media cries. Well, what about South Africa? No one comments that the conditions in South Africa are WORSE than in Ukraine during an active war.

South Africa was in a bad spot economically long before COVID. GDP grew by a mere 1% between 2012 and 2021, according to the World Bank. The nation’s entire infrastructure is crumbling, and the power grid is on the verge of complete failure. Blackouts are common, and many blame state-owned power plant Eskom which routinely cuts off the power grid to produce “rolling blackouts” to conserve power. These “rolling blackouts” can last over 12 hours. This affects fuel availability, phone and internet coverage, traffic lights, power to hospitals, etc. It also limits the availability of food and water. Crime is more prevalent during blackouts as there are no cameras or security systems. Rape and crimes against women are disgustingly common. Civil unrest is so prevalent that the president issued a “state of disaster” warning on February 9, long after the situation became irreparable.

(click on the image for higher resolution)

Statistics vary but there are about 82 murders per day in South Africa. The South African Police Service reported 7,555 murders from October to December 2022. As you can see from the chart above, crime is rapidly escalating. People are murdering farmers and anyone with a surplus of food. “Most murders take place in a public place, such as a street or an open field or a parking area – or at the residence of the victim (including places known to the victim or perpetrator),” Business Tech reported. “The Purge” is essentially taking place in South Africa right now.

So what is the world police doing about this situation since they care so much about helpless nations? NothingThe US government issued a warning that Eskom’s power grid will collapse. They are warning that there will be no water, sewage pumps, or fuel, and the nation will effectively come to a standstill. Eskom said that in the “best case scenario,” it would take 6 to 14 days to restart the power grid. Experts believe it will take longer if they can manage to restore the power at all. “What’s left after a blackout would be what was left after a civil war,” an anonymous source said.

Poverty and the ongoing conflict have destroyed South Africa. The media would like people to believe that the nation is an enemy of the West because it is remaining neutral in the Russia-Ukraine conflict. How exactly is it supposed to offer any aid when its own people are starving? The West even had the audacity to ask South Africa to support the climate change agenda, as if they have access to stable energy. One can only hope that the Bric summit is permitted this year and Xi and Putin can offer aid to South Africa’s people.