Tag Archives: Bill Gates

Mar 14 2023

Toxic Currencies – Good for the Yuan


Armstrong Economics Blog/China Re-Posted Mar 14, 2023 by Martin Armstrong

The Chinese yuan has out-traded the US dollar by volume for one of the first times in recent Russian history. The dollar was king in 1991 when the Soviet Union collapsed, but that is no longer the case after Moscow branded the dollar a “toxic currency” along with the euro. Toxic currencies accounted for 87% of exports from Russia at the beginning of 2022, but this figure fell to 48% by the start of the new year. The Bank of Russia has reported that the proportion of USD/ruble pair in exchange fell to only 36% in February. The central bank is calling this a “broad structural transformation of the Russian economy.”

As “unfriendly countries” and their “toxic currencies” band together, those on the outskirts are winning. China has become the new go-to country for new trade partnerships as it bypasses Western-imposed sanctions. Toxic currencies represented 46% of imports in December 2022 but were at 65% in January 2022 before the war. In contrast, the yuan’s share rose from 4% to 23% during that time.

Those who were previously shunned from the big table are now pulling up a chair to discuss economic prospects with China. This will make it much easier to phase out toxic currencies because more people are willing to accept the yuan. The confidence in the yuan is growing. Everything occurring may seem odd, but it is precisely on target. As I mentioned in my report “China on the Rise,” China will dethrone the United States to become the world’s leading economic powerhouse by 2032. It’s just time.

Mar 14 2023

Where to Go?


Armstrong Economics Blog/Forecasts Re-Posted Mar 14, 2023 by Martin Armstrong

A lot of people have been asking where to go, what bank is safe, and what’s next? This is by no means over. The fiscal mismanagement is off the charts and we have a major clash with the Marxist views of the Democrats who always want to punish the rich and then ask them for funding. Only in the Democratic Party can you have a $ 10,000-a-plate fundraiser and preach how evil inequality is and that the rich must be held accountable.

Those who keep calling for a gold standard are clueless. To have a return to balanced budgets means that the Democrats will have to completely reform. They DO NOT know how to govern without class warfare. Politics has deeply divided the United States to the point that the only reasonable solution will be to separate between the blue v red. As Lincon said, a house divided cannot stand. That is becoming so obvious that there will come a day soon when that will be the case. There are over 30 civilizations that have come before us. Every single one has collapsed. We are merely waiting for our 15 minutes in the spotlight.

We must understand that things are far worse outside the United States geopolitically thanks to the Neocons who have done nothing by conniving endless wars. They are ruthless evil people who have no problem sacrificing your family for their political aspirations. Short term, as they create World War III, the dollar will be the strongest currency as capital always flees from a conflict. We really need to IMPEACH Biden, because he is a dangerous puppet who reads whatever the Neocons write on the cue cards. Then we really need to launch an investigation of these Neocons who have usurped US foreign policy for decades and are never held accountable.

Now, many people have asked what is a small bank. They are typically local regional banks. The problem is if they just make decisions based on the talking heads on TV, then they will face tremendous problems ahead. To be diverse, for now into 2024, you may want to look at US T-bills 30-day to the 90-day max. Not every bank is in trouble. You should ask if they publish their portfolio. The big risk is that money was basically free, and they were investing that long-term. But as rates have risen, they have suffered losses.

Mar 14 2023

Republican Candidates Respond to Tucker Carlson Inquiry About Ukraine Policy


Posted originally on the CTH on March 13, 2023 | Sundance 

Steadfast!

Posted originally on the CTH on March 14, 2023 | Sundance

Mar 14 2023

Speaker McCarthy Says He Will “Slowly Roll Out” J6 Video to “Every Individual News Agency”…


Posted originally on the CTH on March 13, 2023 | Sundance

Appearing on Sunday Morning Futures with Maria Bartiromo {Direct Rumble Link HERE} House Speaker Kevin McCarthy was asked about the January 6 video. He said, “we will slowly roll out to every individual news agency, they can come see the tapes as well,” and explained that Fox News had to go to the House to review the footage.

The questioning about this process starts at 10:55 of the video below. The main issue raised by everyone is, why doesn’t the House just post the video to a platform and let people go review it themselves?  Has anyone heard a good explanation for why this is not possible?  WATCH:

Posted in 1st Amendment, 4th Amendment, 6th Amendment, Big Government, Big Stupid Government, Decepticons, Deep State, Dem Hypocrisy, Dept Of Justice, DHS, FBI, Kevin McCarthy, Legislation, media bias, Notorious Liars, Professional Idiots, propaganda, Uncategorized

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Mar 14 2023

Kevin O’Leary Stuns CNN Panel Telling Them “Biden Just Nationalized U.S. Banking System”…


Posted originally on the CTH on March 13, 2023 | Sundance

The CNN panel was jaw-agape as Kevin O’Leary appeared earlier today to inform them the decision by Joe Biden to guarantee every deposit in U.S. regional banks is akin to “Joe Biden just nationalized the U.S. banking system.”

O’Leary is correct, and anyone who is holding assets like stocks or bonds in U.S. banks now needs to reconsider the disappeared line between government and the bank assets.  If the government can assume, control and backstop every single account balance within the bank, the government can assume and control all activity of the bank.  WATCH:

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Downstream…. think about the consequences.  Remember the frozen bank accounts in Canada as a result of defining truck protest supporting Canadian citizens as domestic extremists?

Now think about the government no longer needing to ask the bank to take action, the govt has a regulatory ability to demand the bank to take action.  This takes “debanking” to an entire new level.  People are wondering why cryptocurrencies went up in value today.  There’s your answer.

Comrade citizens, at the end of this rainbow of bank nudges, we will find ourselves at the footsteps of a government controlled central bank digital currency.

Mar 14 2023

Meanwhile in Geopolitical News, Moldova Protests Against NATO Escalating War -vs- Russia, Leads Western Media to Blame Putin


Posted originally on the CTH on March 13, 2023 | Sundance

Thousands of protesters took to the streets in Moldova yesterday, wanting to express their opinion that NATO escalating hostilities against Russia is only going to mean further regional crisis, conflict and likely bloodshed.

There is a significant amount of support for Russia within the country of Moldova, but that presents a problem for the western alliance, specifically NATO, as the peace demand runs against their interests.  As a result, Russia is blamed for inspiring the street protests against NATO escalation.

When the U.S. activates NGOs in European countries (Moldova, Hungary, Georgia) the media call it “spreading democracy.” However, when the people who live in the country organically rise up in the opposite direction against the government outcomes from the NGO pressure, the media call it “Russian interference.”  NBC pushes the NATO message:

(Via NBC) – Police in Moldova said they foiled a plot by groups of Russia-backed actors who were trained to cause mass unrest during a Sunday protest against the country’s new pro-Western government.

The head of Moldova’s police, Viorel Cernauteanu, said in a news conference that an undercover agent had infiltrated groups of “diversionists,” some Russian citizens, who allegedly were promised $10,000 to organize “mass disorder” during the protest in the capital, Chisinau. Seven people were detained, he said.

Separately, police said they arrested 54 protesters, including 21 minors, who exhibited “questionable behavior” or were found to be carrying prohibited items, including at least one knife.

The protest Sunday is one of several held in recent weeks organized by a group calling itself Movement for the People, which is backed by Moldova’s Russia-friendly Shor Party, which holds six seats in the country’s 101-seat legislature.

The demonstrators are demanding that the government fully cover the costs of winter energy bills and to “not involve the country in war.” They have repeatedly called on President Maia Sandu to step down.

[…] Moldova’s border police also said Sunday that 182 foreign nationals in the last week have been denied entry into Moldova, including a “possible representative” of Russia’s Wagner Group, the private military company that is fighting in Ukraine, Moldova’s war-torn neighbor.

The police announcement Sunday comes just days after U.S. intelligence officials said they have determined that actors with ties to Russian intelligence are planning to use protests in Moldova, a European Union candidate since last June, as a basis to foment an insurrection against the country’s government. (read more)

Mar 14 2023

Charles Payne Hits the Nail on the Head – The Biden Action is a Bailout for Silicon Valley


Posted originally on the CTH on March 13, 2023 | Sundance

March 13, 2023 | Sundance | 279 Comments

The installed occupant of the White House said something today that is just brutally false on its face.

From the words typed into the teleprompter of Joe Biden you hear, “No losses will be borne by the taxpayers. Instead, the money will come from the fees that banks pay into the Deposit Insurance Fund.” Who the hell does Biden think are paying those “fees”? Those fees paid into banks, and then out of banks, from all around the nation are paid by the people using the bank, that’s taxpayers.

The United States government does not create a single dollar of revenue. They transfer revenue from people to processes and systems of government. Charles Payne has a good perspective on this entire dynamic. {Direct Rumble Link} WATCH:

Charles Payne: This was a bailout of Silicon Valley elites.

Mar 13 2023

When the House Votes Unanimously…


Armstrong Economics Blog/Conspiracy re-Posted Mar 13, 2023 by Martin Armstrong

When the House votes unanimously, there is usually a larger issue at play. It was announced on Friday that the US House of Representatives and the Senate unanimously agreed to declassify information regarding the origins of COVID. Let us recall that one side of the political spectrum effectively shut down the entire economy and used the people as puppets to push forth their COVID agenda of vaccinations and lockdowns. When the House votes unanimously, one must look closer at the agenda on the macro level.

The decision to declassify the origins of COVID will likely not lead to the arrest of Fauci, Gates, Soros, or any of the other big players who advised on policies that directly harmed the people and economy. The pharmaceutical companies will not be charged for injecting countless people with an experimental substance, and the powers who enforced vaccine mandates will be blameless. Again, one side of the political spectrum supported the harshest COVID laws imaginable, and revealing the truth behind the virus would be detrimental to their party. So why the unanimous vote?

When the house votes unanimously, there is a common enemy. It is no secret that the US is instigating China to enter World War III. As I mentioned in a separate post, Western intelligence agencies are threatening China for conspiring to supply Moscow with aid, despite having no known leads. China is attempting to remain neutral, but anti-Chinese sentiment is subtly rising in the mainstream media. It was almost illegal to say that the virus was deliberately leaked from a lab in Wuhan. Trump was called a racist for calling COVID “the China virus,” and anyone who mentioned a lab leak on social media was immediately deplatformed.

However, the need for a common enemy has arrived as the US economy is in shambles and confidence in government continues to plummet. The propaganda emerging is that China is solely to blame for the coronavirus. The loss of life and business is due to China. Any issue you may have faced due to the coronavirus or consequential mandates is solely due to China. Avert your attention from your own government’s misdoings and blame the common enemy.

Christopher Wray of the FBI told Fox News that his agency is aware of “a potential leak from a Chinese government-controlled lab.” If a civilian said this one year ago, they would have been called a conspiracy theorist. “I will just make the observation that the Chinese government, it seems to me, has been doing its best to try to thwart and obfuscate the work here, the work that we’re doing, the work that our U.S. government and close foreign partners are doing. And that’s unfortunate for everybody,” Wray said. White House National Security Advisor Jake Sullivan claims that uncovering the source of the leak is a top priority for President Biden, who had no interest in this previously.

Justice will not be served. The government can no longer use COVID as a power grab, but it can use COVID to demonize its opponent and push China into war.

Mar 13 2023

The West Threatens China for Conspiring with Moscow


Armstrong Economics Blog/War Re-Posted Mar 13, 2023 by Martin Armstrong

China has maintained neutrality throughout the 13-month conflict between Russia and Ukraine/the West. Yet, Western powers continue to threaten China and allege they are conspiring to send aid to Russia. The heightened attacks on China make one question if Western powers are deliberately instigating a fight. CIA Director William Burns said he is “confident” China is CONSPIRING to send military aid to Russia, although there is no evidence of “actual shipments of lethal equipment.”

White House National Security Advisor and Neocon Jake Sullivan has had harsh words for China in recent appearances. Sullivan boldly stated that aiding Russia would be “a bad mistake” for China, and that the US plans to send China “a strong message.” Again, China has done nothing wrong. There is no evidence of China supplying aid to Russia, and even if they did, that is not a crime, as Ukraine is not a NATO member.

(Imagine above: William Burns, right, at the Kremlin in 2005 with Russian President Vladimir Putin, center, whom he describes as 'an apostle of payback' © Reuters)

Chinese Foreign Ministry spokesperson Mao Ning told the US that China would not heed to coercion. “On the Ukraine issue, China has been actively promoting peace talks and promoting the political settlement of the crisis. The US is in no position to point fingers at China-Russia relations. We do not accept coercion or pressure from the US,” Mao said. China will not support the West’s proxy war with Russia, but it seems that they are insisting China proves its innocence by ostracizing Russia.

Chinese Foreign Minister Qin Gang expressed outrage over sanctions placed on China for merely conspiring (i.e., no crime was committed) with Moscow. “[China] has not provided weapons to either side of the conflict. Why on earth are there blame and sanctions on China? This is absolutely unacceptable,” Qin said. “There seems to be an invisible hand pushing for the protraction and escalation of the conflict. Ukraine crisis is a tragedy that could have been avoided.”

This conflict could have been completely avoided had the Minsk Agreements been based on good faith. The war is a deliberate plot to usher in a new world order to eliminate energy-rich Russia from the global economy. The Kiel Institute for the World Economy in Germany estimated that $152.7 billion was provided to Ukraine as of January 15. The US has sent more aid than any other country but accuses its top trading partner of flaming the fires of international war. This is why there are no true diplomatic discussions with the current failing crop of politicians. The current agenda is to demonize Beijing as they did with Moscow to force it out of neutrality.

Mar 13 2023

C-Level Executives Sold Shares Weeks Before SVB Failed


Armstrong Economics Blog/Corruption Re-Posted Mar 13, 2023 by Martin Armstrong

A bank failure of this proportion has not been seen since 2008 when Washington Mutual failed. The majority of deposits in Silicon Valley Bank (SVB) are uninsured, meaning the FDIC’s $250,000 protection does not apply. Uninsured depositors will be provided receivership certificates and should receive an advanced dividend this week. The FDIC must sell off the remaining assets of SVC to determine how much it can provide to those uninsured depositors. The FDIC is encouraging borrowers to continue paying their existing loans. The bank was said to host $209 billion in assets and $175.4 billion in deposits as of December 2022. Washington Mutual held around $307 billion in assets when it went down.

Tons of people and businesses will be completely screwed over. Who could have seen it coming? Silicon Valley Bank CEO, CFO, and CMO sold off millions in stock over the past two weeks. President and CEO Greg Becker sold 12,451 shares on February 27 for $3.6 million at $287.42 per share. Later that day, he purchased options for the same amount of shares at $105.18 a piece. He did the same thing in December 2021, as this is not an uncommon albeit unethical practice. Banks commonly trade against their own clients. Becker sold about $3.57 million worth of SVB stock over the past two weeks and is now making TV appearances saying he did not see this coming.

There were signs of trouble, but the talking heads said otherwise. Forbes even listed SVB Financial Group as #20 on its list of America’s Best Banks in an article published on February 14, 2023. Talking/screaming head Jim Cramer came out last month to say that SVB Financial would become one of the top performers on the S&P. This is why you cannot listen to information based on biased opinions. I hesitate to call this negligence technical analysis.

Companies are now at a complete loss, many cannot make payroll, and this situation will only worsen once the uninsured depositors realize their IOUs are worthless.