Tag Archives: AI

Dec 30 2024

Who Creates Money?


Posted originally on Dec 30, 2024 by Martin Armstrong 

big stack of money

To a large extent, there is still much confusion regarding the creation of MONEY. Some people still think the government actually creates money as if it were in ancient times. When I say MONEY is no longer TANGIBLE, but it is VIRTUAL, many seem to fail to grasp just how much the world has changed. In ancient times, the state minted the coins AFTER 600 BC attempting to certify the weight to facilitate commerce. However, the government quickly learned that there was profit to be made, which is known as the “seigniorage,” referring to the difference between the intrinsic value of the metal and the declared value. In such a world, the state predominantly created money supply, discounting leverage from banking and counterfeiting.

Today that is about as far removed from how the economy functions as the next inhabitable planet. In the example I used that if a foreign investor buys domestic real estate, he is increasing the domestic money supply. The conversion of his local currency to the domestic currency is NOT dictated by some FIXED quantity created by the central bank. It is just electronic. Nobody actually prints anything , and the central bank does NOT even create electronic currency. It is just a book entry. Because the foreign investor is bringing in cash and buys a TANGIBLE object (real estate), the net amount of cash in the domestic supply of money increases the same when the Fed bought US bonds under QE2. Banking also LEVERAGES the economy by creating MONEY. If you have $1,000 on deposit and I borrow $1,000, we both now have accounts reflecting $1,000 each. Again, the state did NOT create that money.

It is once more a book entry. This is how a BANK PANIC will take place. You go to the bank trying to get your $1,000, but the bank actually lent it to me. As long as you do not try to take out that $1,000, everything is fine and dandy. Therefore, MONEY is not TANGIBLE, and it is purely VIRTUAL! The idea that MONEY is supposed to be some TANGIBLE object actually ended in 600 BC once government got involved and began to manufacture a profit from creating money. As long as the economy is free, then you are free to keep your wealth in whatever object you desire, be it gold or real estate. MONEY is NOT a store of value, for it has always fluctuated, rising in purchasing power in recessions (NOW) and declining in booms.

Dec 28 2024

A Highly Toxic Silicon Valley Meltdown Over Well Documented H1B Visa Fraud Explodes


The Silicon Valley immigration priority was not the topic I thought would explode and fracture the tenuous MAGA alignment with the New Big Tech group represented by Elon Musk and his billionaire network. However, we learn more every day.

This is a jaw-dropping moment to watch unfold as a very influential sector of the political discourse begins a full-frontal attack against those who are pointing out how the tech community abuse H1B visas to replace American workers. In the background, of course, is the context of widespread immigration policy fraud being one of the priorities for the average Trump supporter.

The Silicon Valley team do not seem to review discussion of the H1B manipulation/fraud within the larger American economy as a problem, as long as the discussion of the visa fraud does not impact their business models. However, as soon as the H1B abuse started to be framed around Silicon Valley’s participation therein, the New Big Tech group take a nuclear war approach to defending their interests.

[SOURCE]

Having followed the immigration issue for a long time, yet specifically only having a big picture review of the H1B visa issues, it has been astounding to watch how Elon Musk, Vivek Ramaswamy, David Sacks and the Silicon Valley supporters and influencers are responding to having the H1B visa fraud confronted.  The self-interest in their defense is just astronomical to watch unfold.

Empowered by what can only be reasonably defined as their perceived influence over President Trump, the new-era Tech team are quite forcefully telling the MAGA base of Trump-supporting American workers that their concerns, views and perspectives are irrelevant.

It appears that most of the explosive sentiments revolve around H1B visas in the tech sector issued to Indian workers specifically.  Apparently, the friendships, networks and teams attached to the sector of computer engineering carry with them an emotional component.  I guess that should not be a surprise considering this is essentially a peer-to-peer wagon circling, in defense of the H1B visa problems in the tech sector.

As said before, it always appeared the MAGA alignment with Silicon Valley would not be an issue until the interests of the billionaire tech team came into conflict with the MAGA base.  I did not anticipate the fracture being so fast, nor did I anticipate immigration would be the trigger.  However, H1B visa issuance is apparently a key part of the Silicon Valley business model.

That said, several pragmatic aspects of the discussion are now being lost amid a very toxic shouting match that has begun.  President Trump and JD Vance are, perhaps understandably, staying very quiet at the moment.  However, that silence is soon to be impossible as both sides of a very divisive issue are going to eventually demand President Trump to weigh in.

I will try to cut through some of the toxic noise so that we can discuss the larger issues.

Theo Wold provides some context:

“I led the drafting of legislation in the Trump ‘45 White House to create a new legal immigration framework. I saw firsthand what happens when ANY visa reform is proposed: executives from the biggest multinationals and lobbyists from all kinds of industries are banging on the door, demanding to keep what they have.

What they have is a tangled morass of visa classes that are carve-outs, handouts, and special favors to particular industries, bought and paid for through decades of lobbying feckless members of Congress and presidential administrations. Industries lobby for the foreign workers they claim to “need,” and then they get a visa class carve-out, which they protect (and seek to expand) at all costs.

And there are enormous costs for our nation – costs that fall on the American worker with devastating consequences. The statistics bear that out: job gains go to foreign-born workers while American workers post net job losses.

I also know this firsthand because I grew up a working-class kid, watching my father (and by extension, our family) suffer from unfair foreign labor competition.

For too long, Americans have been largely unaware of the source of these problems because the policies are designed to be too complicated and are made largely invisible to public scrutiny. I’m glad the right is having an open debate about legal immigration. It is past time.

To be clear, the difference between O1Bs and H1Bs matters in this debate, for example, because these visas are intended to accomplish very different goals and are entirely different in scale, BUT both visa classes are rife with abuse. (Plenty of Reggaeton stars and anti-American athletes enter the U.S. on O-1 visas.) Essentially ALL visa classes are abused. Again, that’s because these things exist to serve special interests on one side of the labor market (and it’s not the side of the American worker).

The debate can’t be confined to a single industry – it’s about Big Tech, Big Ag, tourism and hospitality, transportation (airlines, trucking), the media & sports entertainment complex (yes, the NFL and MLB have their own special visa classes and their own special treatment by DHS and State) and many many others. They all want special visas to import cheap and convenient foreign labor. Even the roofing industry is now seeking its own special visa class. And all of these special classes get expanded over time, allowing the American worker to be flooded with foreign competitors for no reason other than labor savings for employers.

I, like many Americans, voted for a sealed border and an immigration moratorium. Americans need to retake control of our immigration system — how many are coming in, for what reasons, and for how long. One question absent from our current system: how does this individual immigrant benefit the American nation and her people? No more blanket exemptions or economic rationales. Immigration is a regime-based question, as both Hamilton and Jefferson wrote on extensively, and our system should reflect that Americans must also demand meaningful investment in assimilation and integration requirements for legal immigrants here already.’ (Source)

Within the debate, those who advocate for the H1B visa process are quick to call anyone a “racist” or “nativist” who stands against it.  Within the tech industry the use of H1B is positioned as vital for their success.

As can be noted by the extreme position on the pro-H1B side of the discussion, they view this debate as a zero-sum contest.  The position of Musk and the Silicon Valley tech group is that if the H1B process is stopped, American technological advancements will immediately cease to exist.

When it is pointed out that Silicon Valley discriminates against white Americans with engineering degrees and or skills, Silicon Valley shouts back the same arguments as the DEI promoters Musk claims to abhor.  Musk and the tech group immediately use the Alinsky attack method (isolate, ridicule, marginalize) against anyone who speaks forcefully against their interests.   The Musk allies and influencers then pile on.  It is something remarkable to watch happen.

Years of Americans in various business sectors being forced to train their foreign replacements before the Americans are terminated from employment, underscore a very hardened stance against the H1B abuse. The decision by the Silicon Valley network to dismiss this problem because they want to sustain their current business operations is not going to end well unless some cooler heads immediately intercede.

Nicole Shanahan, Robert F Kennedy’s former running mate – and also a Silicon Valley network influencer, puts it this way:

“Having lived in Silicon Valley for 20+ years and founded and sold an AI company, I’ve seen firsthand how we rely on H-1B to fill grueling, unglamorous coding jobs. These jobs are essential, and we need capable people doing them. But the system needs an overhaul.

Here’s why:

To keep pace with global competitors like China and India, we need Americans ready to tackle the challenging jobs in these fields. We have them, but often our STEM grads turn their noses up at these entry-level, low-paying coding positions after investing in a costly education.
So why are immigrants from India, China, and elsewhere so eager for these jobs? It’s not because they’re glamorous or because these roles don’t exist back home. And definitely not because they offer high salaries. There’s something else driving this…

The undeniable proof that the United States is the single greatest nation on earth is that people from every corner of the globe dream of coming here—not to China or India—but America.

I take issue with some of the discourse I’ve read online today suggesting “lazy American culture” is the main driver for why we need to continue the H-1B program. Let’s be real: tech companies getting massive breaks on cheap labor at the expense of the American way of life is predatory.

Blaming our culture for why American STEM grads won’t take underpaying jobs is ridiculous and insulting.

The system we’ve constructed with H-1B visas, whether we like it or not, incentivizes people to come here and serve as essentially indentured servants for Big Tech, taking on the tough, grueling jobs that few here in America are excited to perform at the current suppressed salaries.

In return, if you’re good at your job, you’re then put on a fast track to get a Green Card, which means legal status and the chance to bring your family over through chain migration.

I’m reminded of this famous line by our second President, John Adams: “I must study politics and war that my sons may have liberty to study mathematics and philosophy. My sons ought to study mathematics and philosophy, geography, natural history, naval architecture, navigation, commerce and agriculture in order to give their children a right to study painting, poetry, music, architecture, statuary, tapestry, and porcelain.”

Just because our kids have the “right” to chase artistic dreams like music and painting, doesn’t mean we should bring in hundreds of thousands of foreign workers to displace them in math-intensive careers. It’s a two-fold issue: both our education and immigration policies are broken. Instead of tackling these complex issues head-on, Big Tech monopolies and tech VCs are looking for the fastest way to outcompete globally and become industry giants. It’s paid off—look at the insane valuations of these companies!

We can’t entirely blame them for this approach—it’s been the industry norm for 40 years—but we can insist they seek out the tough, lasting solutions. No more temporary fixes.

I was asked if teaching American kids coding from a younger age would make them want these coding jobs. My response? No, it won’t. These jobs aren’t fun, people.

But, do I think removing the incentive of attaining legal status would reduce the volume of foreign applicants? Absolutely.

And, guess what? That might finally force Big Tech to look for workers right here at home (and pay them a competitive wage). Americans expect fair pay, which means these companies would have to start sharing their wealth rather than hoarding it.

Meritocracy is key to America’s greatness, but so are justice and fairness—we shouldn’t keep rewarding an industry that has curtailed free speech and American values. After Trump’s recent victory, the everyday worker feels empowered like never before. They won’t surrender that power, and frankly, it’s not right to imply they should.

There are numerous ways to improve our immigration system while safeguarding the American labor force (and I say “force” because it truly is capable, creative, and powerful).

Here are two straightforward steps to start the process:

1. Immigration policy must be designed to protect the American way of life and its workforce. Singapore’s work permit program, which they designed in the ’90s, was built from this standard and could provide good inspiration. They use a modern-day designation system to manage the influx of labor across various sectors.

⁃ Employers face levies (essentially fees that employers have to pay for each foreign worker they hire. It’s a way to manage the number of foreign workers coming in by making it more expensive to employ them, encouraging companies to also look for talent locally).
⁃ There are Dependency Ceilings, which essentially limit the number of foreign workers based on the local workforce—this is KEY.
⁃ They impose restrictions on the countries from which workers can come.
⁃ Permits are diversified across industries to ensure balance.

2. Special economic zones are amazing and can transform local tech job markets. Hiring locally is going to be critical for making sure Americans are taking key tech industry roles AND able to support their families.

If we really want to lift America to heights unseen in generations—not just talk about it, but actually do it—then we can’t continue to stick to outdated strategies that have harmed Americans. We owe it to ourselves and our communities to aim higher and do better.” (source)

As I watch this debate unfold, I find myself finally realizing why all the Silicon Valley tech people were such staunch Democrats.  Their worldview does not: (1) seem to comprehend American Economic Nationalism as a priority; (2) seem to appreciate the importance of true liberty in the creation of the remarkable outcomes from American exceptionalism; and (#3) they appear to be inside a bubble of self-interest, unattached and unaffected by the economic issues that have seriously harmed the MAGA base.

In essence, the Silicon Valley network represented by Elon Musk team, does not connect in the same way to the important priorities of middle America.  The technocrats are, well, Technocrats.

Watching this debate unfold is quite remarkable.

December 28, 2024 | Sundance 

Dec 27 2024

Elon Musk, Vivek Ramaswamy and the Silicon Valley Tech Millionaire Group Continue Lambasting Americans While Advocating for Expanded Foreign Worker Visas


Posted originally on the CTH on December 26, 2024 | Sundance

Six months ago, I was asked my opinion of the Silicon Valley alignment with MAGA. I said at the time I thought it would last around 18 months and finally climax with a large fracture in the political movement around 2026. I had no idea at the time, the group of technocrats would begin publicly advocating for replacing American workers before Trump took office.

For the past several days I have watched Vivek Ramaswamy, David Sacks, Elon Musk and his big tech influencers debating with their followers about the importance for them to continue expanding H-1b visas for foreign tech workers. It is stunning to see this crew double, triple and quadruple down on advocacy, while defining American workers as inadequate for their Silicon Valley needs.

Alas, it is what it is. Within the argument Musk, Ramaswamy, Sacks and group have presented multiple justifications for their foreign worker assistance programs, while advocating for expanded immigration support therein.

Within the tone of their argument, they essentially say the American worker is (1) not intellectual enough; (2) doesn’t have the right work ethic; and the latest point of justification is that (3) American culture is to blame for their need to import foreign workers.

As Vivek Ramaswamy recently said, “Our American culture has venerated mediocrity over excellence for way too long (at least since the 90s and likely longer). That doesn’t start in college, it starts YOUNG.”  Thus, as the narrative is sold, American workers need to be replaced with more culturally appropriate Indian tech workers.

When the Indian-American starts saying Indian culture is more adequate at creating workers for the American tech industry, he loses me completely.

If the Indian culture is the holy grail breeding ground for software engineers, then why isn’t New Delhi replacing Silicon Valley?

Considering that factually the Indian culture is entirely based on a caste system, the argument is even more absurd.

What we need are training and recruitment centers for American students.  However, the larger issue within the billionaire tech team advocacy is an issue of self-interest.

What we see in the justifications and arguments of the Ramaswamy, Musk and Sacks group is a very specific point of immigration policy for their subset within a singular sector of the American economy.  Perhaps this would not be such a big issue, if these points of advocacy were coming from outside government interest groups.  However, with this tech team going into the administration, the influence becomes something a little bigger.

The part the Tech Group do not understand is the core of the American DNA, “Liberty“…

It is only from the position of liberty, intellectualism actualized in freedom form, that the working culture of America, the ingenuity part, can be understood.

If you attempt to quantify Americanism with math and algorithms, the translated outcome always fails.

Dear Vivek Ramaswamy, my counter take…

Several years ago, Florida Power and Light won the prestigious international Edward Demming Award for excellence in multi-platform engineering, efficiency superiority and total quality in the process of energy management.

However, the scruffy rednecks did not blow every PhD intellectual out of the water with slide rules, CAD programs, articulated and quantified quality improvement processes and engineering acumen. They did it with hard hats and dirty fingernails.

Because they lost the award, the jaw-agape Japanese spent 6 months visiting and reviewing FPL and later published a 1,000-page study essentially saying FPL “wasn’t really good, they were just lucky.”

You see, the reviewers couldn’t actually quantify the reason why the Florida-based energy company was so successful. In response the FPL field leadership laughed, took out magic markers and wrote on the back of their hard hats: “WE’RE NOT GOOD, WE’RE RUCKY.”

A few years later, every single Kuwaiti oil field was blown up by Saddam Hussein. Global analysts and think-tanks proclaimed it would take 5 years to cap them all off and restart the Kuwait oil pumping industry. Well, the Kuwaiti’s and Saudi’s called Texans, who had them all capped and back in working order in 6 months.

We are a nation that knows how to get shit done.

A few more years pass, and the Northern Chile mine workers were trapped two miles underground. The eyes of the world began to tear as the word spread. Most began to whisper no one could save them. Who did they call for help? A bunch of hick miners from USA coal country who went down there, worked on the fly, engineered the rescue equipment on site, and saved every one of them.

Yup, that’s our America. Ingenuity born from freedom.

Across the pond a half-breed Islamic whack job, armed with an AK-47 and a goal to meet his virgins, began opening fire on a train in France. The scruffneck Americans on board didn’t run to the nearest safe room and hide themselves amid baguettes and brie. They said, “let’s go”, and beat the stuffing out of that little nut with a death wish.

Legion d’Honneur or not, that’s us. WE ARE AMERICANS! That’s just how we roll.

In fact, Lady Liberty can stroll along the Champs-Elysées with a swagger befitting Mae West because without her arrival, they’d be speaking German in the Louvre. Yet, for the better part of the past decade, a group of intellectual leftists have been teaching our children that it’s better to be sitting around a campfire eating sustainable algae cakes and picking parasites off each other; because ‘save the planet’, or something similarly minded. It would appear, they hate the outcomes and inequities from freedom.

Warmest regards,

Americans First!

Dec 16 2024

Institutions Can Have Their Entire Portfolio on Socrates


Posted originally on Dec 16, 2024 by Martin Armstrong 

GMW Page 2

The Global Market Watch (GMW) was created for one of the top 10 banks in the world. It allowed them to look at their entire portfolio without reading a thousand reports. This allowed them to hone in on what might need their attention. As they commented, this is like having 1,000 trading assistants. We really are too busy advertising or engaging in marketing campaigns. You can die from having too much business. As is the case with offices worldwide, someone is always awake. This was designed for large institutions to save time and provide an important tool for investing.

The comments are a work in progress since the model still identifies new patterns. Socrates is proving that all the theories from the nonsense of Random Walks, etc., are just excuses for people incapable of comprehending how the world functions. The GMW records a pattern REGARDLESS of the market and assigns a number you see under the comment. That same pattern shows up in every market because the instrument is irrelevant – it is how human nature interacts with that market.

We can create a GMW for your entire portfolio to give you a fast glance at your portfolio. We are currently working on providing the same tools that I have used so you can ask question and it will respond. We are considering creating a terminal so it will access our systems and provide you with an impressive assistant.

GC Inve4stor GMW 7 29 2016
Dec 16 2024

We can Add Any Stock Worldwide to Socrates


Posted originally on Dec 16, 2024 by Martin Armstrong 

Socrates IPad

QUESTION #1: Mr. Armstrong, you used to provide your reports rebranded to an institution’s name in Tokyo. Would you consider that for other countries?

GL

ANSWER #1: Yes. We would articulate the turning points rather than include the arrays. That would make it too identifiable, tracing back to us. But certainly, we can do that and attack an institution’s name, such as a reputable bank or brokerage house. We can replace the majority of the cost of research. We have a database of virtually every stock in the world.

QUESTION #2: Can I request that a particular stock be added to Socrates?

EJ

ANSWER #2: Certainly.

Dec 10 2024

IMF Wants El Salvador to Repeal Bitcoin’s Legal Tender Status


Posted originally on Dec 10, 2024 by Martin Armstrong 

ElSalvadorBukele

The International Monetary Fund is willing to provide El Salvador with a $1.3 billion loan, but the nation must meet two demands. First, El Salvador must commit to reducing its budget deficit to 3.5% of GDP over the next three years. The second requirement is for El Salvador to begin backing away from bitcoin.

El Salvador declared bitcoin legal tender in 2021. The nation holds a bitcoin Treasury worth over $600 million as of lately with bitcoin’s recent price spike and has been purchasing about 1 btc per day. President Nayib Bukele recently took to social media to declare the success of his bitcoin adaptation, claiming gains of over 127%. Yet, the public has not largely adopted the new currency. In fact, the Central American University conducted a study in January that revealed 88% of citizens have not used bitcoin in transactions over the previous year.

Under the new IMF requirement, El Salvador must prohibit the legal requirement that states businesses must accept bitcoin as payment. Under this premise, bitcoin could not truly be considered legal tender.

Bitcoin and Gold

As I have said, global organizations will not permit crypto to operate freely outside their control. I must agree with the IMF that Bitcoin’s volatile pricing presents financial instability and exposes government revenue to greater foreign exchange rate risks. Bitcoin is merely a trading vehicle and not a proper currency. However, the IMF also states that it is concerned about anti-money laundering practices. which simply means they are concerned that they cannot tax it.

Taxation goes hand in hand with lowering the budget deficit, as the nation has been steadily increasing tax revenue. Tax revenues reached 17.64% of GDP in 2017, later advancing to 19.75% in 2022. The government has several measures in place for tax evasion and has improved its digital taxpayer registry to see who has underpaid. There is hope that the recent discovery of gold will offset the hunt for taxation, and the president does seem to be a reasonable man. Perhaps El Salvador will not require a loan if it has truly found trillions worth of gold. It appears that Nayib Bukele will not back away from his stance on bitcoin either way.

Dec 10 2024

Syria – How Can the Computer Forecast Decades in Advance?


Posted originally on Dec 10, 2024 by Martin Armstrong 

Syria Map

QUESTION: Mr. Armstrong, I hope you come to Dubai for a conference next year. After your Syrian forecast that the civil war would end only 13 years from the start in 2011, those of us here are still in shock and awe, as you say there in the States. I know your models have considered the cycles in Syria from Roman times. Is 2027 still the target in the Middle East?

BAF

Seleucus I Nikator

ANSWER: Syria has a very long history. Antioch was the link to the Silk Road for all the dies and spices from Asia. As you can see, it is sandwiched between Turkey, Iraq, Jordan, Lebanon, and Israel. Historically, it has also been known as the Levant and a strategic chess piece in the global war of geopolitics. The Seleucid Empire was a Greek state in West Asia during the Hellenistic period. It was founded in 312BC by the Macedonian general Seleucus I Nikator (312-281BC) when the Macedonian Empire founded by Alexander the Great was divided after his death among his generals.

Pompey Magus AR Denarius

Thus, this became known as the Seleucid dynasty until its annexation by the Roman Republic under Pompey in 63 BC, who conquered the region, transforming Syria into a Roman province. This has lent Syria the opportunity to provide a rich database extending centuries for computer analysis. First, you must acknowledge that laws are always silent during war and civil unrest. They are the decorations of civilization and only apply when there is civil discord – not war and upheaval.

Elagabalus AR Syria Tetradrachm

The first Syrian to become a Roman Emperor was Elagabalus (218-222AD). This is always the same pattern of the conquered/slave eventually becoming king. Some pointed that out when Obama became President. This is a mere fact of history. The king is dead – long live the king. Another fact of history is when there is a civil uprising, the king may fall, but the victor quickly assumes the same policies as those he vanquished.

Charles I Cromwell

The English Civil War tore down the rule of law, and here you see Oliver Cromwell quickly issued coinage styled as the very king he had beheaded for daring to defend against him in the civil war. He put King Charles on trial, found him guilty for losing the civil war, and then beheaded him.

13 year war

Civil Wars tend to last 4.3 years (American Civil War), 8.6 years (English Civil War), and even 13 years (Cambodian Civil War, 1967-1975). However, go beyond that 8.6-year period, and it will extend to 13 years.

saddam_hussein_hanging

Countless times when there have been civil wars, you find the head of state when captured, is often executed. This seems to be standard. When they are dead, they will routinely topple their statues as they did throughout Eastern Europe, toppling the statues of Lenin.

The_Assassination_of_President_Lincoln_ _Currier_and_Ives_Armstrong Economics

Civil Wars always invoke deep hatred, and when leaders are not executed, what you find is often assassinations of the victor. They assassinated Julius Caesar after he won the civil war. These are cyclical patterns that routinely take place. There was an attempted assassination of Zelensky, and he fired his head of security because it was Ukrainians – not Russians. There was a similar attempted assassination of Hitler.

Assad Putin

Assad is wise to flee with his family to Russia, for they would have all been executed just as the Russian Revolution executed the entire family of the Czar. People who engaged in civil wars and/or revolutions always responded the same way, no matter what culture or nation was involved. The Shah Mohammad Reza Pahlavi also fled Iran in 1978 during that revolution. These things may appear to be a shock, but they are standard in the playbook of geopolitics.

I have previously warned that Turkey has the largest army in the Middle East, and Erdogan praised the Hamas attack because he dreams of resurrecting the Ottoman Empire and he sees himself as the leader. They are mortal enemies of Greece and that goes back to the fall of the Byzantine Empire. Turkey has funded these rebels, and that became possible only because Israel destroyed Hezbollah. On the one hand, you have the US cheering Al-Qaeda all because the Neocons have been trying for years to overthrow all three dictators they created in Syria, Iraq, and Libya. Now, they can get the pipeline from Qutar to cut off Russia’s energy sales to Europe. So this is all about Russia, Russia, Russia. Meanwhile, they are so fixated on conquering Russia that they have ignored the real threat in the Middle East of the resurrection of the Ottoman Empire.

I will update the prospects for war in the Middle East and the power vacuum that is unfolding that is hidden behind the headlines. Most people have no idea that it was the West that created all of these arab states. They were never independent nation-states.  With World War I, the West finally took down the Ottoman Empire. This was when the Sykes-Picot Agreement was established as a 1916 secret treaty between the United Kingdom and France, with the consent of Russia, Italy, and the United States. They were carving up the Ottoman Empire, which they mutually agreed to establish spheres of influence, thereby partitioning the Ottoman Empire. Syria was created, and the rule of Assad was in the economic interests of the West.

I have been asked why I do not write much about the Israeli war and offer a solution. There is NONE!!!! This is a religious war, and a ceasefire will only be temporary. Israel’s enemies is not limited to Iran. It also includes Turkey as we move forward in time.

Middle_East_2025

We will publish an update on the geopolitical future of the Middle East for the Arab world and Israel. This will be released in January.

Dec 6 2024

Julie Kelly: Graves Is Going To Try To Shove This In The Face Of Donald Trump And His Supporters


Posted originally on Rumble By Bannons War Room on: Dec 5, 2024 at 1:30 pm EST

Dec 2 2024

Government’s Quest to Control AI and Mainatin Its Propaganda


Posted originally on Dec 2, 2024 by Martin Armstrong 

COMMENT #1: Dear Martin,

I listened to Joe Rogan’s podcast interview w/Marc Andreessen where Marc reported that the Biden administration has been secretly meeting with AI companies.
Their message: “Don’t even bother starting AI companies. There will only be 2-3 approved companies, and we’ll control them completely.”

It made me think of you and your ordeal, so many years ago.

Thank you for being on the right side of history.

Happy belated Thanksgiving ?

warmly,
RH

COMMENT #2: Wikipedia is a vile organization that is controlled by the Deep State when it has anything to do with politics, including health. I was there in Amsterdam the night of your film showing when those of us in the financial and banking community were invited. I remember well when the moderator asked you if you got to keep the claimed missing $1 billion, and you turned to the audience and asked if it was possible that $1 billion could be removed from a bank, but nobody knew where it was. The audience burst out in laughter. What these people did to you on not just a false charge but on a charge that was impossible, and organizations like Wikipedia will never report the truth is a warning to us all.

Thank you for your courage. I do not know many who could have survived what they put you through, from torture to attempting to kill you.

GVB

COMMENT #3 What the Biden administration did with dictating to social media over COVID was a clear warning to us all that even Wikipedia is a tool to manipulate society. What they did to you refusing to report that the bank is the one that pleaded guilty and had to repay all your clients demonstrates that Wikipedia is propaganda. We can no longer trust mainstream media; every social media aspect has been corrupted. This is why individual podcasts are becoming popular.  If you believe Wikipedia on anything political, you cannot possibly have a functioning brain. They have become the symbol of the decline of our society.

Gerry

Lenin on Press

REPLY: There is no question that those in power want to control AI and ensure it only puts out their propaganda. OMG, you ask it a question, and it tells the truth? That is just unacceptable. We are no different from the old USSR. That was Lenin’s view – control the press, and you can manipulate society. He has been proven correct time and time again. We are just a herd of sheep being led to the slaughter.

Target on my back

The computer I created and named Socrates has forecast every significant financial crisis and geopolitical event, including war. When the CIA wanted me to build the model for them in 1998 after it forecasted the collapse of Russia, I offered to run any study they wanted, but I was told they had to own it. I understand that was their view from a national security perspective, and nobody else should have that information. At the end of the day, I realize my refusal to turn over the source code has placed a target on my back. So be it. I didn’t realize developing AI would become a risk in a free society.

MA War Cycle 2011 WEC

Not only did I stand up at our World Economic Conference in December 2011, held in Philadelphia, and forecast that war would begin in 2014, but I even put on the blog in 2013 that the place it would begin was Ukraine – the country to watch.

FT June 27 1998

In June 1998, we held our World Economic Conference in London. Little did I know that a journalist from the London Financial Times was there and put our forecast that Russia would collapse on the front page in the weeks ahead. That appeared in the FT on June 27th, 1998. When that happened, the bankers blamed me, claiming I had too much influence, and instructed the CFTC to shut us down.

1998 Panic ECM

The computer had forecast Russia’s collapse, manifested in the Long-Term Capital Management Crisis in September 1998. That compelled the Federal Reserve to bail out the bankers and even a hedge fund since they were all on the same trade. They expected a never-ending 30%+ return on Russian debt (GKO) supported by the IMF. Still, the Economic Confidence Model had also projected the very day of the high years in advance for the stock market would be July 20th, 1998. Even the 911 attack took place precisely on the Pi Target during that wave, and the Dow Jones then bottomed precisely in 2002 on the very day of the end of that wave. All of those forecasts came true, and the bankers were just trying for the guaranteed trades, bribing the IMF and people in various governments, never risking a dime from their view.

Forecaster The Movie R

Let me explain something. To even do the movie on me, The Forecaster, also available on DVD, they had to be insured against slander, etc. Lloyds of London insured the film, and to do so, we had to prove that they wanted the computer code since that was NEVER publicly stated in the case openly. A client offered to rent the Institute to keep the forecasts going. I have been told that the bankers instructed the Commodity Futures Trading Commission to shut down our forecasting because they would always lose. Even in the film, one employee said he did his due diligence on my firm with Goldman Sachs before taking a job. He stated in the film that Goldman Sachs always thought they could crush me, but I usually won.

Yeltsin money_laundering_probe_widens_Aug._26_1999

I was asked to invest $10 billion into Hermitage Capital Management to take over Russia. They blackmailed Yeltsin owner a $7 billion money laundering scam to step down and they were going to install Boris Berezovsky as the new President of Russia. All the gold in Russia would go through the Republic National Bank in New York, and I was told I would get $100 billion back as my return. I refused. I was not into regime change.

2022_The Plot to Seize Russia Overview

That blackmail took place in June 1999, and they ran to the government claiming $1 billion was missing, and they had no idea where it was. The prosecutors were so stupid and never asked how someone gets $1 billion out of a bank with no trace. But why let reality stand in the way of a good prosecution in New York City, as Trump discovered?

Alan Cohen GS

Then, they appointed Alan Cohen receiver to run my company, which Goldman Sachs then hired. They ran Princeton Economics from the boardroom of Goldman Sachs. You object to this conflict of interest and are told to shut up. Trump discovered how a prosecutor is then raised to an “acting” judge who gets his case and Bannon. What luck from a random assignment.

Nov 27 2024

Joe Allen: “What I’m Worried About Is The People Who Are Gonna Deploy These Robots”


Posted originally on Rumble By Bannons War Room on Nov 26, 2024 at 7:400 pm EST