International Tourism Collapses by 80%


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

International tourism has plunged it looks like coming in at around 80% by the end of the year. The UN World Tourism Organisation says it will drop at least 60%. The result of this has contributed to what we see as unemployment over 300 million worldwide. This collapse in tourism is 100% post-April 2020. This is going to contribute greatly to rising civil unrest next year globally. The collapse in tourism has already put millions of workers out of work. Those economies that have a high reliance on tourism like Greece and Thailand will suffer a significant decline in their GDP. Thailand, for example, will see a fall beyond 90% for the year’s total numbers.

Just from tourism which composes of airlines, hotels, travel agents, and restaurants, we are estimating a loss on a global scale between 100 to 120 million tourism jobs at risk of being lost permanently. It has been international tourism that has been one of the main engines of the global economy which not only accounts for roughly 7% of all international trade, it has helped to create world peace by exposing people to all cultures. Global tourism has also contributed to the aviation industry, which has simultaneously dropped sharply thanks to this deliberate global lockdown. Tourism has been responsible for creating direct and indirect jobs, when looked at closely, actually has accounted for 1 out of 10 of ALL jobs worldwide.

After discussing with REAL SOURCES, the very proposal that lockdowns may be needed to save the planet since they have been able to reduce CO2 but cutting off international travel as well as commuting. This has been a deliberate effort to use this virus which has NOT been any more lethal than the flu and has impacted the elderly as is the case with the flu to shut down the world economy and destroy its underpinnings to open the door for this Great Reset being pushed by Klau Schwab and his World Economic Forum.

When we look at American Airlines, for example, the two most important turning points will be the 1st quarter of 2021 and 2022. We would need a Quarterly closing back abobve $35.50 just to raise any hope of normalcy. Nevertheless, as long as this low holds, we may be in for a fight against these people who are using the virus to lockdown the world economy to reduce CO2. Nevertheless, the number of Directional Changes appear to be confined to 2021 with volatility starting to rise going into 2022.

We most certainly live in interesting times.

The 2016 Soft Coup Unraveling


Armstrong Economics Blog/Corruption re-Posted Oct 6, 2020 by Martin Armstrong

The Coup Against Trump because he was anti-war and “not one of us” is unraveling deeper and deeper corruption which is leading right to Gina Haspel who is the Director of the Central Intelligence Agency (CIA). They have contrived fake news and used it to go after everyone around Trump to disrupt his administration. Flynn is just the tip of the iceberg. The FBI is prohibited to penetrate and subvert any presidential campaign. Executive Order 12333, Section 2.9, “Undisclosed Participation in Organizations in the United States.” This expressly prohibits in very plain language any sort of intervention that arose from the U.S. Army Counterintelligence penetrating Students for a Democratic Society (SDS) to aid the FBI during the 1960s. Because of this prohibition, they viewed this as only prohibiting domestic intervention. That legal prohibition is why the FBI felt the need to manufacture a “foreign counterintelligence threat” in the UK and then “import” the investigation back into the United States.

However, this goes even further. Since the Steele dossier was paid for by Hillary, and the entire approval of investigating the Trump campaign in 2016 came implicitly from Obama and Biden, the corruption involving the infiltration of the 2016 Presidential Campaign was in itself a Soft Coup. Gina Haspel was the head of the London office of the CIA where everything was organized. The FBI needed to fabricate a foreign counterintelligence “event” in order to pretend this operation was legal. It is now Haspel who is refusing to declassify RussiaGate papers because it was her branch in the UK that was operationally the “friendliest” office to pull off this entire coup. Haspel was deeply involved which runs the risk of this even rising to the level of treason.

Sen. John McCain’s role in this coup explains a lot as to why he said he did not want Trump to speak at his funeral. It was McCain who handed the Steele dossier to Comey involving President Donald Trump. This was revealed in recently unsealed court filings. McCain previously had acknowledged getting a copy of the dossier, which was a compilation of memos written by former British spy Christopher Steele for he was friends with Hillary, and delivering it to then-FBI Director James Comey. McCain provided the cover for he was a Republican handing it to Comey rather than Hillary who paid for it. Moreover, it was also John McCain who was the sponsor of the Magnitsky Act which was a cover-up because of the Clinton’s approval of the bankers trying to take over Russia. (The film Magnitsky has been banned and removed from YouTube most likely at the demands of Bill Browder which only raises the probability that it was true)

However, the explosive dossier contained false accusations claiming the Russians had compromising information on Trump, which Comey is still trying to use publicly advising people to vote for Biden. This entire mess revolves around the US/NY bankers attempt to interfere in the 2000 Russian elections which forced Yeltsin to step down and brought Putin to power.

It was David Kramer who is involved with the McCain Institute for International Leadership which should be renamed the Institute for Soft Coups. Kramer was deposed in December 2017 as part of a legal battle waged by a Russian businessman Aleksej Gubarev over BuzzFeed’s publication of the dossier. The judge for the U.S. District Court for the Southern District of Florida unsealed the records adding even more interesting aspects to this Soft Coup.

Kramer Deposition

This election stands for a lot more than just who will be president. If President Trump is reelected, this might very well begin to DRAIN THE SWAMP. A victory for Biden would guarantee we will never hear another word about this Soft Coup. There is a lot at stake in this election that is so far beyond just the personality of the president. Trump needs to be very careful. These people will not think twice about eliminating him but probably by poison – they certainly do not what his picture on any money in the future.

Importance of Police/Army in a Revolution


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

I have often explained that revolutions will be bloody if the army supports the government. Gaius Caesar Germanicus, we commonly refer to him by his childhood nickname Caligula (37-41AD), was the third emperor of Rome. While there are so many stories about him from his sex orgies to making his horse a senator, most of this was all FAKE NEWS generated by those who wanted to overthrow him and re-establish the Republic.

This Æ Sestertius struck at the Rome mint showing the legend ADLOCVT COH on the reverse, pictures Gaius standing left on daïs, extending a right hand in a gesture to address the Praetorian Guard.  COH in exergue means cohorts while ADLOCVT is his speech or allocation to the troops. He is acknowledging that he holds power over Rome only because of the support of the troops.

Caligula was murdered at the Palatine Games by Cassius Chaerea, a tribune of the Praetorian guard, Cornelius Sabinus, and others. Caligula’s wife Caesonia and his daughter were also put to death.  The murder of his wife and daughter demonstrated that this was an attempt to re-establish the Republic.

However, Chaerea did not control the loyalty of the majority of the Praetorians. Without an emperor, there was no need for the  Praetorians. As a result, they searched the palace to find Caligula’s uncle Claudius who was said to have stammered. They quickly proclaimed Claudius, as emperor and they seized Chaerea who was then sentenced to death. Chaerea requested to be executed with his personal sword, and this said to have been granted. Here is a gold aureus of Claudius picturing the Praetorian Camp also acknowledging that his power was because of the Praetorian Guard.

Here we have a valuable lesson from history. The government survives if the army/police are loyal to the state for, without the state, they become unemployed. Hence, many will fight for their personal privileges. Human nature never changes no matter how many hundreds of years may pass.

The Weight Of The World on Trump


President Trump has the weight of the world on his shoulders. In addition to world events, he’s been trying to make America great again despite COVID-19 and an ongoing coup by the Deep State. Plus he’s entering the home stretch of his reelection campaign. Now he must deal with the virus personally. Lesser men could not handle far less than this but Trump, like Atlas, will persevere. 

We at GrrrGraphics wish him and Melania a speedy recovery.

–Ben and Tina Garrison

Gates – Schwab – Gore – Refuse to Admit They Have Been Wrong


Re-Posted Oct 4, 2020 by Martin Armstrong

Schools-Equality-Oppression


Schools – Equality – Oppression

Re-Posted Oct 2, 2020 by Martin Armstrong

COMMENT: Hi Martin,
I wanted to comment about the blog posting ‘Fauci Belongs in Prison’. Having three children on remote learning by choice because we refuse to subject them to the draconian lockdowns at the school and mandatory mask requirements. Correct me if I am wrong, but didn’t Hitler say something like, “Forget about the adults, we want the children”, and those children turned out to be the killers in WWII.

Unfortunately, we have been able to witness the school’s systems brainwashing propaganda machine in action with our children. In the first week of school our son in middle school was tasked to watching videos with Fauci and Gates about masks, vaccinations, social distancing, etc. The same brainwashing machine was at work with our elementary school students, but it was being directed from the teachers. It is frightening to watch this in action!

My son loves to challenge the teachers with questions, with the information he also reads with me on your blog.
Keep up the awesome work, you are also getting the truth to our kids!
All the best,
KC

REPLY: Schools are teaching their particular political beliefs which is wrong. It is no different than teaching religion in school and saying all others are wrong. Regardless if this is right or left, there should be neutrality and children should not be indoctrinated in such a manner. They never teach the fundamental difference between leftist economics and right. Take Thomas Piketty. The left always insists that to achieve their goals, all opposition must be suppressed. To achieve his equality, others who enjoy working and achievement must be robbed of the fruits of their labor to redistribute to others who hate to work or lack the same talents.

Just because Tennis star Roger Federer is at the top of Forbes’ annual rankings of the World’s 100 Highest-Paid Athletes” earning $106.3 million, under Piketty, that is unfair and is the problem creating inequality because the rest of us cannot earn even $1 million to play Tennis.

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.” 

My family has been here since before the Revolution and fought for freedom from England. My cousin still has the musket he used in the Revolution. Everything that is being taught about equality is simply Marxism. We are all equal in rights, not in talents. Nobody would pay me even $100,000 to play a game of Tennis. That does not mean Roger Federer has oppressed me despite the fact we have never met. The Declaration of Independence is what was supposed to govern our society – not lockdowns and oppressions.

Biden digs his own grave in ninety minutes


Biden gaffes that will cost him millions of votes

Re-Posted from the Canada Free Press By —— Bio and ArchivesOctober 1, 2020

 

The bruising brawl over six rounds of fifteen minutes each—advertised as the first Presidential Debate—saw Joe Biden:

  • Alienate a large part of his voter base by denigrating Bernie Sanders and repudiating the 110 page Biden-Sanders Unity Task Force Recommendations (“Manifesto”)
  • Hold the voters in contempt by refusing to answer whether he would pack the Supreme Court with his nominees if he won the election and Democrats became the majority in the Senate.

Biden’s readiness to demean Sanders and abandon the Manifesto during the following exchange was breathtaking—and Trump was quick to take advantage:

BIDEN: My party is me.

TRUMP: And socialist health care.

BIDEN: Right now, I am the Democratic Party.

TRUMP: And they’re going to dominate you, Joe, you know that.

BIDEN: I am the Democratic Party right now. The platform of the Democratic Party—

TRUMP: Not according to Harris.

BIDEN:—is what I, in fact, approved of. What I approved of…

… TRUMP: Joe, you agreed with Bernie Sanders’s far left on the manifesto, we call it.

BIDEN: Manifesto? Look…

TRUMP: And that gives you socialized medicine.

BIDEN: Look, hey, I’m not going to listen to him. The fact of the matter is I beat Bernie Sanders…

TRUMP: Not by much.

BIDEN: I beat him by a whole hell of a lot. I’m here standing facing you, old buddy.

TRUMP: If “Pocahontas” would’ve left two days early, you would’ve lost every primary.

BIDEN: All he knows how to do is hurt…

TRUMP: On Super Tuesday, you got very lucky.

BIDEN: Look, here’s the deal. I got very lucky, I’m going to get very lucky tonight as well. And tonight I’m going to make sure because here’s the deal.

BIDEN: There is no manifesto, number one.

WALLACE: Please let him speak, Mr. President.

BIDEN: Number two…

TRUMP: You just lost the left.

BIDEN: Number two…

TRUMP: You just lost the left. You agreed with Bernie Sanders on a plan that’s absolutely…

(CROSSTALK)

TRUMP: … socialized medicine.

Biden insulted the voters’ intelligence by refusing to disclose his intentions on packing the Supreme Court:

WALLACE: All right. I have one final question for you, Mr. Vice President. If Senate Republicans—we were talking originally about the Supreme Court here. If Senate Republicans go ahead and confirm Justice Barrett, there has been talk about ending the filibuster or even packing the court, adding to the nine justices there. You called this a distraction by the president, but in fact it wasn’t brought up by the president; it was brought up by some of your Democratic colleagues in the Congress.

BIDEN: I’m saying…

WALLACE: So my question to you, is you have refused in the past to talk about it. Are you willing to tell the American people tonight whether or not you will support either ending the filibuster, or packing the court…

BIDEN: Whatever the position I take on that, that will become the issue. The issue is the American people should speak. You should go out and vote. You’re in voting now. Vote and let your senators know how strongly you feel. Vote now. Make sure you in fact let people know.

TRUMP: He doesn’t want to answer the question.

BIDEN: I’m not going to answer that question because…

TRUMP: Why wouldn’t you answer that question?

BIDEN: The question is…

(CROSSTALK)

TRUMP: The radical left…

BIDEN: Would you shut up, man?

Trump won’t be shutting up—that’s for sure.

Neither will the Republican Party as they swamp the media with ads featuring these two major Biden gaffes that will cost him millions of votes.

 

The Propaganda Game & Nothing But Blue Skies


COMMENT: I don’t know if anyone has informed you of this, but the UK government is heavily advertising their new Track and Trace app on all platforms. I’ve seen it on Youtube, Reddit, Facebook, Instagram, Google Ads and not to mention billboards on every street corner and bus stop. I’ve worked at an online marketing agency and I know the costs of these types of campaigns. The number of impressions and clicks must cost them a fortune. The ads are of the most persistent and visible kind, which are of course the most expensive ones.

Unless these big tech companies are giving them huge discounts, the costs don’t add up to the problem. If there’s a vaccine coming in a couple of months, this app shouldn’t have to be necessary after that anymore. So why use so much money in advertising an app that will be completely useless and mass-deleted in just a couple of months?

I have proof of this in the form of screenshots but unfortunately, I can’t seem to attach them in this contact form, but you could ask anyone who is in the UK right now and they could confirm it.

Londoner

REPLY: Thank you for your input from your unique perspective. There is clearly an agenda here and they are indeed discussing in London using LOCKDOWNS to prevent climate change. Klaus Schwab has sold this idea that the economy can be restructured in less than a year and he is also in partners with Thomas Piketty, the French Communist economist who wants to confiscate all wealth from anyone who has more than him and redistribute it for he claims the problem with the economy is equality. These people do not believe in freedom, democracy, or human rights. They think we are the Great Unwashed — too stupid to know what is best so they have to force their ideas for our own good. What they paint in their academic world where experience is looked down upon as doing your own dishes (that’s what maids are for) is nothing but blue skies hidden behind their curtain. To accomplish their dreams, they must impose AUTHORITARIAN TYRANNY for our own good, of course.

Forget Science – subscribe to Nihilism instead – NOT REALLY!


By education, I mean a system of teaching a broad curriculum with the basics of the major fields of knowledge, from history to modern technologies that also fosters critical thinking and curiosity

Re-Posted from the Canada Free Press By —— Bio and ArchivesSeptember 30, 2020

 

As it appears, simply destroying statues of explorers, statesmen, or other notables from centuries past no longer satisfies the current lust for mayhem of the “forward-looking progressive minds.”

Now, even park benches in memory of entirely non-political scholars of the past are deemed to be inappropriate to sensitive woke minds. One example is a park bench, dedicated to the memory of one of the greatest biologists/naturalists of the distant past, namely Carl von Linné (1707-1778).

Homo sapiens

Poor Carl, a simple park bench—with his name mentioned on the back—may become another victim of the modern Zeitgeist. You may wonder, what exactly was Carl’s claim to his (current) infamy? He created the term “Homo sapiens”—what a crime!

This Latin term simply means something like “wise human.” You might think of that as being good, or normal, or even as “modern.” As it appears, the local political powers in Oslo, Norway, have concluded otherwise. It could be interpreted as an affront to less modern or wise inhabitants. And that, as you, my Dear Readers will recognize instantly—and indubitably, I presume—as a great faux pas!

It’s perfectly OK to use modern instant communication facilities to chat with your like-minded nihilists,  but anyone that may have labored hard in past centuries to build the knowledge base that such facilities relies on are to be damned and forgotten.

Most likely it’s of little consolation to Linné and other scholars of the past, like philosopher David Hume (1711-1776), and explorers, cartographers, politicians and other notables of former times that they are similarly being degraded now. Without their attention to detail and perseverance against many obstacles to their work and dedication, our world would not be where it’s at now.

In fact, none of the modern engines that power the world and none of the many other conveniences would ever have come into existence. What the “Snowflakes” would do without instant access to the latest social media info, news and videos from far corners of the Earth (or even the Universe) on their “smart phones —I wonder.

Affordable Energy & Food—when it’s needed

However, there’s another dimension to modern accomplishments besides gadgets and living conditions in general. That’s the availability of on-demand energy and nourishments at an affordable cost.

Ever since Homo sapiens learned to behold the heat of fire, life improved. Gathering the fruits from the environment gave way to developing weapons like the atlatl, bow and arrow, and gunpowder that led to the rise of towns and cities as are now found across the entire world. Having access to abundant energy allowed more time for more productive work not just a continuous struggle for survival. It enabled more efficient planting and harvesting of agricultural products with increased yields, thus more people to get fed better.

That elevated productivity also encouraged curious minds to observe the results of experiments and invent all kinds of new insights and systems that propelled each other further “up the hill.” Of course, making any of such ideas widely known was a critical point of inflection. It came with the invention of the printing press by J. Gutenberg (1400-1468).

That ushered in a period of extraordinary development in any field of exploration. This period became known as the Renaissance. The discovery of the Americas by C. Columbus (1451-1506) was just the beginning of this long journey of discovery.

Really, there are too many milestones and important inventions to list them here. Just let me mention a few: namely the steam engine (J Watt, 1736-1819) and others, often expanding on past knowledge, like the internal combustion engine (N. Otto, 1832-1891), the (safe to handle) explosive compound dynamite (A. Nobel, 1833-1896), the recognition of antimicrobial lotions (Paracelsus, 1493-1541), and many other (at the time) revolutionary insights and discoveries.

From the Renaissance to Nihilism

The human race certainly went on a binge of innovations, ever since. But times are a’ changing—not necessarily for the better.

Now, I think, we seem to enter a retro-period. The signs are all around. As it appears, some of the aforementioned inventions are about to be heaved onto history’s scrap heap, lock, stock and barrel. This is a kind of nihilism, change for change’s sake.

For example, the “carbon-fuel” based internal combustion engines (ICEs) are ordered to become obsolete in the not too distant future. As reported, the California Governor, G.Newsom, just signed an executive order that aims to ban the sale of new internal combustion engine cars in the state by 2035. Just so, by the wisdom of the state.

The order did not specify what was supposed to take the ICEs place. Presumably the idea is to replace them with (battery-powered) electric vehicles. Or, perhaps the new European “grand idea” of hydrogen-fueled cars or “hybrids” of some sort.

Believe me, the world’s energy demand is much greater than what could be created from wind, solar, or biomass (wood- or agricultural products-burning) systems and certainly not without obliterating much of the world’s forest and food producing areas. The path forward is not IN returning to the past. It is to wisely use the accumulated wisdom OF the past to decide on where to go in the future.

The Future is in Education

By education, I mean a system of teaching a broad curriculum with the basics of the major fields of knowledge, from history to modern technologies that also fosters critical thinking and curiosity.

It’s vital to the ”survival of the fittest.”

Biden’s False Claims About his Past – Are they Lies or Fantasies?


The real question with Biden is we no longer know if he is lying or fantasizing about his past. Biden’s claim about attending historically black Delaware State has been refuted by the university itself. Biden declared last year that he began his academic career at Delaware State University, which is a historically black college. But the university flat outright says sorry — no way. The Democrats seem to need someone to be president to push their globalist agenda and to surrender sovereignty on climate to the United Nations. They even proposed to hand $3 trillion to the IMF to fund this globalist agenda. It just seems that any real president would never agree to such a thing regardless of their party. It is just becoming increasingly suspicious as to why the Democrats would put forward a man who might not be all there?