EU Refused Transparency Audit of Corruption


Armstrong Economics Blog/European Union Re-Posted Feb 12, 2021 by Martin Armstrong

The European Parliament refused to cooperate with an EU institutional-wide study on integrity and ethics by Transparency International, one of the world’s most prestigious anti-corruption NGOs. The EU has surrendered to Schwab’s World Economic Forum and it has been Schwab who has hand-picked many people within the EU. He hand-picked the heads of the IMF and the ECB as well as the head of the EU itself. All are, or have, been board members of his World Economic Forum.

“The European Parliament, despite its publicly-stated support for greater transparency was, in fact, the only institution that refused to cooperate,” said Michiel van Hulten, who heads Transparency International’s EU office in Brussels. The EU is suddenly refusing any investigation of corruption because never before have they been so directed by an external force — The Great Reset — intent upon destroying all industries and jobs they deem not to be “green” adopting Schwab’s Fourth Industrial Revolution.

Germany Training Dogs to Sniff out People with COVID


Armstrong Economics Blog/Regulation Re-Posted Feb 11, 2021 by Martin Armstrong

Germany is training dogs to sniff out people who have COVID. It seems that Merkel keeps dreaming up more means to restrict the citizens by using the Stasi tactics of East Germany where she grew up. A friend grew up behind the wall. When it fell, his father obtained the Stasi file on him, just as the BigTech and governments now build files on everyone. In that file, his father read that all his friends were reporting him to the Stasi. He no longer retains any friends, for his trust in humanity was destroyed. When his father returned home, he began punching holes in the walls. My friend thought his father was nuts. But then he was pulling out microphones where the government was always listening to whatever he said, even at home.

smelling-jars

Ministry for State Security (Stasi) smelling jars _ From the Vault

Let’s get honest here. The only other intelligence agency to collect evidence on everyone was the notorious Stasi of East Germany. When the wall came down, the extent of the secret police operations targeted against their own people was mind-blowing. What surfaced was their“smelling jars” collection. Yes, the Stasi used odor recognition to keep tabs on anyone they suspected. The Stasi often collected the samples covertly by breaking into homes to stealing a suspects’ used underwear. They then kept them in jars in case they turned up missing to hunt them down.

I find this very disturbing when COVID has a kill ratio of only 0.028% and governments are using this to wipe out all freedom and human rights which include the freedom of speech.

Resistance is NOT Futile


Armstrong Economics Blog/Civil Unrest Re-Posted Feb 10, 2021 by Martin Armstrong

Despite Wikipedia, Twitter, Google, Facebook, YouTube, CNN, New York Times, Washington Post, and the rest of the Marxist philosophy press, despite them all promoting the virus to impose an authoritarian socialist regime over the entire world conspiring against democracy and human rights, which include freedom of speech, people are starting to fight back. Many are canceling subscriptions to Facebook and many are moving to Duck Duck for searching the internet. Then there are those who have abandoned WhatsApp by the millions heading to Signal or Telegram. By calling any resistance just a “conspiracy theory” these real conspirators have been censoring the truth and doing everything they can to support silencing all opposition. Interestingly, that was the very role the press played during the Russian Revolution.

In Europe, Civitas is a resistance movement that now has 34 sections in France. But it is also developing in other countries. Civitas Belgium was officially announced last week. Switzerland should follow in the coming days. And a branch in Quebec is also in preparation.

Resistance is building against the rise of this tyranny supported by mainstream media. Even in Tampa, there is a local race for mayor in a small town, and they described the Democrats as “progressive” v the Republican they paint as a violent “Trump supporter.” The bias is absolutely everywhere and the press feels that anyone who dares to resist this Marxist agenda must be silenced.

Well, Shakespeare wrote in the tax rebellion that the first thing they would do is “kill all the lawyers,” which were government prosecutors since there were no private lawyers. I fear that when rebellion breaks out, they will be dragging journalists out to the street and hanging them as well. I seriously doubt it will be safe working for any of the mainstream media in the years ahead. Already, Facebook has warned its employees not to wear even clothing with a Facebook logo. Zuckerberg better hire an entire army to protect him in the future. His personal arrogance will be his undoing.

Super Mario – Trying to Prevent ITALEXIT (Italy Exiting EU)


Armstrong Economics Blog/European Union Re-Posted Feb 7, 2021 by Martin Armstrong

G30_Reviving_and_Restructuring_the_Corporate_Sector_Post-Covid

This is the translation of a French article source: a report from the G30 on the very guy who imposed Negative Interest Rates on the EU in 2014  which has destroyed the EU bond market and set in motion the debt crisis along with NEVER ENDING Quantitative Easing. I can confirm that he once sat in the corner of a FX trading room trying to understand how the FX markets functioned and then they made him the head of the European Central Bank? So they sent an Italian to betray his own country.

“Mario Draghi was appointed by the Italian president to form a new coalition government, and this appointment of Mario Draghi at this time in history has nothing to do with good luck.

Italy, an extreme danger for the eurozone!

First of all, officially, as you read these lines, Italy’s debt stands at 158% of Italy’s GDP.
For the record and within perspective, the Greek debt in 2010 was… only 146% !!
That of Cyprus of only 56%!

A few months later, these two countries were in virtual bankruptcy, saved from the waters with plans to ruin either the populations or the savers.
n 2012, the eurozone was on the verge of an explosion!

Super Mario!

It was with a phrase that has remained famous in the mid of the summer of 2012 that Mario Draghi “saved” the eurozone.
“The euro area is ready and determined to do whatever it takes to preserve the euro and believe me, that will be enough.”

Mario is back. Mission? Save Italy, Save the Euro.

And yes, Super Mario is back, a bit like Captain Flame to save not the universe, but Italy and the eurozone, because the Italian debt threatens the solvency of Italy and the sustainability of the Eurozone much more dangerously than Greece in 2011 and 2012. 10 years ago.
Mario Draghi isn’t here by chance.
He is the former governor of the ECB.
He’s also the author of the G30 report that I have been telling you so much about, and it was no accident that I was focusing on it either.
You are going to start to understand and see certain things happening.
Some policies fall into place.
They have been calibrated for certain countries in particular which present a systemic threat to the stability of the euro area.
You know these countries.
There are Spain, France, and Italy.
Spain and France can still hold out a bit.
Italy is the current weak link in the euro area.
It is therefore in Italy that the recommendations of this G30 report, written and signed by Mario Draghi in person, will be applied with the most zeal.
Italy will serve as a laboratory and guinea pig for the economic policy defined in this 120-page report.

What will happen in Italy?

The implementation of very unpopular political and economic decisions.
The idea is to do as much austerity as possible without triggering a social revolution.
Italy will take the same path as Greece.
In 12 to 24 months, it will be the same in France.
And believe me, it will be painful.
Will the eurozone survive all of this?
In fact, no one knows.
Neither Draghi nor the other European mamamouchis.
Macron, when he says he “will be forced to do certain things that will make his re-election impossible in 2022”, knows very well what he is going to have to do.
He’s gonna have to cut off the morphine injections. (all the social and economic help)
From then on, the people will cry out in pain at the horror of the economic crisis.
We will save the big ones and what represents systemic risks.
We will drop the little ones and those without ranks.
Social tensions will mount, until the explosion.
The question that will be asked, will quickly be that of the very survival of the common European monetary project.
The next black swan is already noticeable.
It will be the Eurozone Season 2 crisis.

Merkel’s Plea for Extended Lockdowns


Armstrong Economics Blog/Germany Re-Posted Feb 6, 2021 by Martin Armstrong

Our sources in Germany are all telling us that instead of boosting support for lockdowns, now that Merkel has come on the airwaves and attached her face for the first time, her support is dwindling rapidly. She grew up in East Germany and this said:

“For someone like myself, for whom freedom of travel and movement were hard-won rights, such restrictions can only be justified when they are absolutely necessary,” she said in her address. “In a democracy, they should not be enacted lightly—and only ever temporarily. But at the moment they are essential in order to save lives.”

With the death toll not worse than the bad flu and the deep involvement of the European leaders with Klaus Schwab, there is no justification for these actions. NEVER in 6,000 years has any government EVER locked down its people. There was far more freedom under the Communists than what is taking place in Europe right now. Merkel’s appearance may have just shot her career in the foot.

Myanmar Coup & Election Fraud


Armstrong Economics Blog/East Asia Re-Posted Feb 3, 2021 by Martin Armstrong

QUESTION: When you were in Singapore, you said that Myanmar was at political risk beginning in 2021 to 2022. Can you elaborate on the given this coup?

FB

ANSWER: This coup has exposed the different political responses between China and the United States. However, it was curiously lined up with a global trend whereby the election of November 8, 2020, would also be one of corruption the same as we have seen in the United States. Ms. Aung San Suu Kyi’s party, the National League for Democracy, won some 397 parliamentary seats out of 476. This was reported to be even a greater victory than the landslide victory in 2015 when the party began a power-sharing arrangement with Myanmar’s military, which had ruled the country for about 50 years.

The currency was the key indicator as it rallied into 2020 against the dollar. However, we can see that since the election, the currency reflected the underlying political discontent. In order to “stop the steal” in that election, the military took decisive action on Monday morning because of what it said was voter fraud. They cited even underage girls casting votes. What we must understand is that the cycle going into 2032 is witnessing major political conflicts that will be worldwide. That forecast was not unique to Myanmar, it is simply part of a political trend. We will see political upheaval here in 2021 into 2022 in elections around the globe.

The really fascinating aspect of our computer forecasting such political trends is that they are reflected often in the currency movements. Here we can see that the currency began to move post-election.

Old Iron Curtain Countries Raising the Curtain Again?


Armstrong Economics Blog/Regulation Re-Posted Jan 28, 2021 by Martin Armstrong

COMMENT: Czech rep. has been in total lockdown with all commerce and services closed (except supermarkets and drugstores) since December (and before that since October, with barely a few weeks with shops opened before the next lockdown), curfew at 8pm, schools closed since September, ban on all social activities, etc. And, now the PM said it’s not enough (!) and even stricter “measures” will be announced soon (likely a total ban on leaving home, as well as closure of manufacturing/factories, etc).

Slovakia continues with the forced “testing” every 2-3 weeks. As before, those without a negative test certificate are not allowed to leave home (i.e., can’t go to work, buy anything at a shop, or even go for a walk). They’ve openly said these bi-weekly “tests” will be here to stay (along with the total lockdown, it seems)… until everyone is “vaccinated”.  Also, the new “pandemic” law now allows the govt to remove anyone from their home and put them into “isolation” facilities (prisons/camps?).

The Canadian leak was indeed true, it seems… it’s been playing out 100% as the document said it would, ever since October.

I’m utterly shocked… for the most part, Eastern Europe has gone full-blown “covid” tyranny, and with pretty much zero resistance from the populace. I’ve always been saying that Westerners’ idea that Eastern Europeans are more awake or more courageous or more opposed to totalitarianism (than people in the West) is not true, but even I am shocked and disgusted at seeing this. All of these countries (except Belarus and to a lesser extent a couple of places in the Balkans) have been in more or less total lockdown since October, with curfews, bans on leaving/entering the country (in the case of Hungary), businesses forcefully closed for many months, etc. But Slovakia is, with no doubt, the most tyrannical now (along with China, I suppose)… can’t believe everyone has just submitted to all of this (forced fake “testing”, total lockdown since October, schools closed since March 2020, the economy completely – and deliberately – destroyed, etc). And in Eastern Europe the governments are not paying anything to the businesses they’ve closed down…(the only payment in Czech rep. or Slovakia, is about 10 euros PER DAY per employee – as “compensation”; and nothing to compensate the business owner, of course). And still, people have been obeying ever since March.

PG

REPLY: It looks like the old Iron Curtain countries are starting to long for their old powers once again. Now even China is looking to impose anal swab testing. You would think this is the black plague. In 1918 with the Spanish flu, the death toll was about 50 million. However, the population was 1.6 billion. That worked out to 3.125%. The total current world population is about 7.8 billion, which means even a death count of 2 million is only 0.0002564%. The data is by no means justifiable to destroy the world economy and eliminate all our freedoms.

In fact, Johns Hopkins retracted an Article Saying COVID-19 had ‘Relatively No Effect on Deaths’ in USA. Everything is being censored to create a false image of what is exactly going on. Then the World Health Organization has changed the definition of “herd immunity,” eliminating the pre-COVID consensus that it could be achieved by allowing a virus to spread through a population, and insisting that herd immunity comes solely from vaccines.

The public is suffering from ‘Mass Delusional Psychosis’ and one must wonder are those in charge this stupid, or do they just don’t care what they are doing to society? It is clear that Bill Gates has bought his way into persuading many that the population must be reduced. There are trials of vaccines to prevent having children. Others are testing to see if these vaccines for COVID will reduce male fertility.

This has been global coordination with the slogan BUILD BACK BETTER and if you dare even say that you are now a conspiracy nut despite the fact world leaders are all saying the same thing. The head of the United Nations is pushing this agenda, but hey, we cannot point to world leaders all pushing the same agenda. The elderly are the most vulnerable to these vaccines. China excluded them from their vaccine.

Meanwhile, Bill Gates is already setting the stage for the sequel – climate change lockdowns.  As far as COVID is concerned, lockdowns have been more deadly and ineffective.

In Britain, they arrest you for two or more people meeting outside in a public park. What is next? Death by firing squad for failing to wear a mask to reduce the population?

Protests in Canada – Interesting Approach


Armstrong Economics Blog/Civil Unrest Re-Posted Jan 5, 2021 by Martin Armstrong

Trudeau’s Corruption


Armstrong Economics Blog/Canada Re-Posted Nov 20, 2020 by Martin Armstrong

Germany Preparing to Postpone the 2021 Elections Already


Armstrong Economics Blog/Democracy Crisis Re-Posted Oct 31, 2020 by Martin Armstrong

COMMENT: Dear Marty,
as you already know the german federal parliament is called “Deutscher Bundestag“. The parliament has an institution called “Wissenschaftliche Dienste“. The staff there helps the representatives to get informations independently from the governmental executive. Wissenschaftliche Dienste wrote an advisory opinion about the question if the german federal election which is due in autumn 2021 could be postponed because of corona virus. Would it be called a conspiracy theory to conclude that someone is planning something?

Kind regards,

M

REPLY: Governments are already planning to keep this COVID-19 scam running into at least 2022. Fauci is already spinning this target of 2022. If the Democrats take the Senate, they are also planning on postponing any elections in 2022. They are all lining up to suspend our democratic rights to elections and free speech to force this Great Reset upon the world.
Note that there really is no authority to postpone elections, for this is not an epidemic that is defined as a 7.7% death rate of the population. The US population is 328 million. The COVID-19 deaths, with all other complications included, amounts to almost 230,000. To be a real epidemic we would need to see 25,256,000 deaths. A pandemic is an epidemic that has spread worldwide. We can see that this is all political for the death rate is so minimal it is by no means an epidemic.

  • AN EPIDEMIC is a disease that affects a large number of people within a community, population, or region.
  • A PANDEMIC is an epidemic that’s spread over multiple countries or continents.
  • ENDEMIC is something that belongs to a particular people or country.
  • AN OUTBREAK is a greater-than-anticipated increase in the number of endemic cases. It can also be a single case in a new area. If it’s not quickly controlled, an outbreak can become an epidemic (see Intermountain Healthcare.org)

Blog/Democracy Crisis

Posted Oct 31, 2020 by Martin Armstrong

COMMENT: Dear Marty,
as you already know the german federal parliament is called “Deutscher Bundestag“. The parliament has an institution called “Wissenschaftliche Dienste“. The staff there helps the representatives to get informations independently from the governmental executive. Wissenschaftliche Dienste wrote an advisory opinion about the question if the german federal election which is due in autumn 2021 could be postponed because of corona virus. Would it be called a conspiracy theory to conclude that someone is planning something?

Kind regards,

M

REPLY: Governments are already planning to keep this COVID-19 scam running into at least 2022. Fauci is already spinning this target of 2022. If the Democrats take the Senate, they are also planning on postponing any elections in 2022. They are all lining up to suspend our democratic rights to elections and free speech to force this Great Reset upon the world.
Note that there really is no authority to postpone elections, for this is not an epidemic that is defined as a 7.7% death rate of the population. The US population is 328 million. The COVID-19 deaths, with all other complications included, amounts to almost 230,000. To be a real epidemic we would need to see 25,256,000 deaths. A pandemic is an epidemic that has spread worldwide. We can see that this is all political for the death rate is so minimal it is by no means an epidemic.

  • AN EPIDEMIC is a disease that affects a large number of people within a community, population, or region.
  • A PANDEMIC is an epidemic that’s spread over multiple countries or continents.
  • ENDEMIC is something that belongs to a particular people or country.
  • AN OUTBREAK is a greater-than-anticipated increase in the number of endemic cases. It can also be a single case in a new area. If it’s not quickly controlled, an outbreak can become an epidemic (see Intermountain Healthcare.org)

Video Player00:2601:28

This entire pandemic scare is being used to revise the world economy because they lowered interest rates to negative in 2013 and after 6 years they have been unable to stimulate the economy. All the economic theories have failed so they are choosing to adopt the Marxist Agenda proposed by Klaud Schwab and Thomas Piketty to impose totalitarianism.

German Elections Postponement

Here is the Wissenschaftliche Dienste report and it concludes if there is an epidemic, then they can postpone the elections. What is significant here is that they were even asked for an opinion.

“The postponement of an election date once set within the time corridor can occur due to special, extraordinary circumstances. Such important reasons can, for example, include natural disasters, unrest, epidemics or large-scale strikes. However, irrelevant considerations may not be included, nor may the reasons appear arbitrary. In this respect, weighty, legally significant public interests or aspects of the common good are relevant. It is not necessary, however, that it is “Absolutely imperative” reasons.”