Posted originally on Mar 2, 2024 By Martin Armstrong
COMMENT: Martin,
I am at least thankful that my family is not divided over Trump, and they are starting to believe Socrates’ forecasts for 2032.
Oddly, my youngest son, who is often loud and obnoxious, will vote for Trump because he does not want war. However, he doesn’t like Trump because Trump is not as “reverent” as he would like in a president. My daughter-in-law told asked him, “Oh, you don’t like him because he is too much like you to be president”?
I dofind this interesting that inside the USA it seems to be Trump. In Europe, it seems to be COVID and Climate Change. The net result is still the same. This does seem to be part of the Civil Unrest Cycle.
Posted originally on Mar 2, 2024 By Martin Armstrong
COMMENT: Mr. Armstrong, My son voted for Biden because he said Trump he thought was an asshole. We hardly talk any more for he is among the brainwashed. He will not change his mind, for he then has to admit he has been wrong. It has gotten to the point I am changing my will and he gets nothing. A few of my friends are in the same boat. This has divided the nation, but it is also destroying families.
GF
REPLY: I have friend who no longer talk to their children and they are European and that is over climate change and COVID. This is the hated that is a deliberate psychological war tactic that they have used against our own people. Who cares if Trump is arrogant as long as he keeps the world at peace, protects our privacy, and stands up against the Deep State? This is becoming a vote for Trump or Victoria Nuland – because Biden is not there. Families are being broken up, and there is no going back.
My old partner, Jack King, out of the blue one day said to me if anything happens to him, make sure his children get nothing and everything was to go to his second wife. I do not know if it was a premonition, but three weeks later, Jack died of a heart attack while scuba diving. It was Jack who opened Japan. I had to honor his wishes. So, I have seen this far more often than one might think. I am in a similar position with someone else. Blood is not always thicker than water.
You cannot argue with a fool, for they will always claim to say what they know, but it takes wisdom to know what you are saying. Mark Twain said it best. It is far easier to fool someone, as your son has been brainwashed, but it is virtually impossible to reverse his thinking to convince him that he has been fooled. To a large extent, I see this in trading. People will hold onto a loss because they cannot admit they made a mistake. That is why it is a maxim in trading – NEVER marry the trade. Unfortunately, it may simply be irreversible. I have witnessed this too many times.
As I have been trying to explain, the LEFT has been engaging in psychological warfare. The routinely demonize an opponent like Sadam Huesain, Putin, and they used that tactic of Trump. So you sone has been brainwashed and it’s no different that you still see people wearing masks and driving alone in their car. They have been psychologically damaged.
Karl Marx and his followers view the family as a tool of capitalism. They believe its primary functions are to reproduce the workforce, pass down private property (maintaining class inequality), and act as a consumption unit to support the capitalist economy. It was more than just the state owning everything – you will own nothing and be happy as the World Economic Forum is pushing.
What this entire agenda is designed to do is to break up the family unit. This means that WEF, and Marxists, see society as being structured along class lines. Destroying the family unit ends the inequality for parents cannot then pass on anything of wealth to their children. There were some trying to push in Australia that upon your death, everything goes to the States – not your heirs. That did not go down very well. But it shows there are those out there with that mentality.
Marx insisted that institutions generally work in the interests of the elite bourgeoisie class, who have economic power over those of the much larger working class or proletariat. In Marxism, he attributed nothing to innovation and maintained that the bourgeoisie gains their wealth purely by exploiting the proletariat’s labor. For this reason, there is an inherent conflict of interest between the bourgeoisie and the proletariat in Marxism. Communism failed because innovation comes from free thinking. When you suppress individuality, the entire economy stagnates.
Nevertheless, no matter how often they fail, they are at it again because they are fools who never learn from their mistakes. What they are doing is the deliberate act of dividing the country and at the core they have been using Wokeness and demonizing Trump to destroy the family unit which they see as the foundation of the Communist state. Marx himself wrote:
“On what foundation is the present family, the bourgeois family, based? On capital, on private gain. In its completely developed form, this family exists only among the bourgeoisie.”
Marx advocated the confiscation of all property to destroy the family by simply abolishing the right to own property.
“The bourgeois family will vanish as a matter of course when its complement vanishes, and both will vanish with the vanishing of capital.”
The refusal of your son to objectively admit that he made a mistake in voting for Biden, which is only human. If he refuses to reconsider the facts and events since 2020, this warns that he is too far gone and likely unsalvageable. I know this is hard to swallow. Gallup Poll back in 1984 found that 61% of Americans were satisfied with U.S. democracy. It was nearly as high, at 60%, in 1991. Now in 2024, it is down to just 28%.
Posted originally on Feb 29, 2024 By Martin Armstrong
Nations like Canada and the United States have deemed terms like “mother” or “father” offensive. Canada began demonizing the nuclear family structure in 2018, when Service Canada urged public employees to “use gender-neutral language or gender-inclusive language.” A new memo by US Secretary of State Antony Blinken revealed that public employees may no longer use terms such as “mother” or “father,” also deeming them to be offensive. Why does the family structure threaten governments?
Nations aligned with the World Economic Forum are moving to dismantle the nuclear family. First, they want to obscure the roles of men and women, often not recognizing women at all. Canada, for example, began urging the public sector to use gender-neutral terms like “parent.” “This avoids portraying a perceived bias toward a particular sex or gender,” Service Canada claimed.
The United States followed suit by demonizing all language with an associated gender, such as “son” or “daughter.” This is why Obama commonly used the term “folks” when addressing the public, as “ladies and gentlemen” ruffles the feathers of a select few. Moreover, they are slowly dismantling our personal identities. If you ask a person to describe him or herself, they may begin by saying their age, gender, parental status, and other aspects that people use for self-concept and personal identity. But now, identifying as a mother, daughter, father, or son is somehow offensive.
The extreme side of equality equates to a collective identity. Unlike other older nations where everyone has the same religion, morals, and concept of community, the Build Back Better crowd believes everyone should conform to their model of neutrality that strips one of their individual identity.
These governments are not pandering to the tiny fragment of the population that identifies as transgender; rather, they are slowly removing our personal individual identities at the most basic levels. The pride of being a mother is no longer permitted; you are disregarded as a “birthing person” in some Orwellian dystopian mentality. Anyone can breastfeed, the world health agencies have declared. Most importantly, your child should honor thy government over thy “mother” or “father.”
The far left has been discouraging women from having children because they produce too much carbon to exist while permitting an influx of refugees. Overpopulation is not the problem. Do you think a warmongering neocon like Antony Blinken is worried about offending someone with the wrong terminology? This is outright psychological warfare targeted at Generation Alpha, who will only learn a distorted version of government-directed reality.
Some people just cannot fathom that the fake news spear-headed by Victoria Nuland’s sister-in-law at the Institute for the Study of War never peace; they demonize Putin as they routinely do to anyone they oppose. My father taught me a lesson that you MUST always listen to your opponent because it is a window into his thinking process. I have read Marx not because I believed in what he was saying but to comprehend his thinking process and what led him to the conclusion that he killed more than 200 million people and still counting.
When you listen to Putin’s speech, he focuses on what many perceive as American culture. When we look deeper into American politics, the stats are revealing. They explain why many view the United States as out of control because of these extremely progressive ideas of attributing even pronouns, etc. Indeed, 93% of college professors gave to Biden. Just 7% gave to former President Donald Trump. That explains why we all know that a college education today may not be so desirable. The goal seems to indoctrinate our children to accept the political philosophies being taught in schools even though they have a proven track record of failure – consistently.
When I would interview students who wanted to work in our firm, I would ask them what were their opinions about various economists and their theories. When I asked about Marx, I was shocked. They said that social studies – not economics. I could tell what college they attended if they answered the question instead of looking befuddled. If they never studied Marx in economics, it explains how socialism is the panacea for the future because it hands the government more power. With each passing generation, attitudes shift and change.
Meanwhile, the biggest donors to President Trump were farmers, truckers, entrepreneurs, mechanics, and construction workers – not academics. Biden’s repeated failures in economics from his green agenda with agencies being overturned as violating the constitution regularly add to Biden’s woke extremism of progressives in general. Trump is not only winning over farmers, truckers, entrepreneurs, mechanics, and construction workers but also Black Americans, Hispanics, and Asian Americans, as well as immigrants who had to come here with a skill to get in. Add to that young people who see Trump as energetic compared to a feeble old man.
Add to this, it’s becoming so obvious that the political system that’s just not working. It is dying from the cancer of corruption within. The perception of this also differs between generations. The Baby Boomers tend to be galvanized into Republic or Democrat, with Independents being at best 10%, accounting for the swing between them.
There are clearly four generations in the workforce: Baby Boomers (oldest), Generation X, Millennials, and Generation Z. These generations were raised in different social and political atmospheres. I recall having drills for a nuclear blast and hiding under my desk, which seems comical today. Each generation had different childhood upbringings and familial environments. These all inspire different values, wants, and needs in adulthood, shaping our most basic views of morality.
The environment in which an individual is brought up in, namely the things that they lack or are deprived of in their childhood, strongly influences their value development throughout adulthood. When communism fell, being those borders, people rushed to get what they were deprived of. That is how even gold became what it is seen as to this day. It was at first reserved only for kings, for it was believed to be the tears of the sun god. For about 2600 years, gold was not money. It was reserved for kings. As more gold became available, the aristocrats suddenly wanted gold that had been forbidden. This gold first appears as jewelry.
Gold was finally plentiful enough to be used as money only from about 800 BC. It was first traded in lumps, and then it was fashioned into standard weights. It finally became a coin when a king stamped his badge on it to guarantee its weight and purity. While the baby boomers see gold as money, the younger generations do not. In India, the second largest market for gold, we see shifts in generational attitudes. Millennials in India aren’t buying gold the way their parents did. It has worsened for Generation Z (1996-2010), where the World Gold Council study highlighted that this generation lacks an emotional connection with gold.
In the Bronx, a Republican won for the first time in 40 years. This is a district where the Democrats outnumber Republicans 4 to 1. Things are shifting, and the press is so out of date; they keep preaching the same narrative of hating Trump because they are run by the Baby Boomers, who are the most leftist of the lot.
If Trump left New York and swam across the Hudson River, the headline would be – Trump Cannot Walk on Water. There is a major shift in attitudes between the generations. We are showing that the younger generations are much more pro-Trump than the Baby Boomers who run the press.
But how exactly does this tie into the ever-changing workplace and the rise and fall of politics? Certainly, we can generalize these individual upbringings that influence different adulthood values to the changing social and political leanings. However, the idea of women’s rights and the bra-burning days of the ’60s are over. The girls in our office were in their 20s when Hillary was running. They were told they were not a woman unless they voted for Hillary. They called her a female Nazi. The attitudes changed, and the younger generations also do not know the horrors of war that the Baby Boomers are creating as their last horah before they die.
The message of Marxism and equality for all is fading. We have had a black president, and things are not as stark as they were in the ’60s. With the passing of time, attitudes change. This enabled Christianity to rise as people became disenchanted with praying to Roman and Greek gods, and nothing happened. Jesus, the son of God sent to Earth, was not so foreign from the concept that Hercules was the son of Zeus sent here to help humanity. Attitudes shift and change with the passing of generations. We see that even in fashion, girls today wear jeans that are torn to represent what was actually during the 60s – not by fashion. Men’s ties widen and then narrow. Women’s skirts rise and fall. Even looking at the portraits of Roman women over a 224-year period shows the changing style and attitudes.
The Democrats are in trouble. The old Marxist storyline is fading into the sunset. Most of the rights the unions were formed to defend are now regulations today, and many see unions as becoming irrelevant. Like NATO, which always wants war, unions always want confrontation. The days of working conditions are long gone. What our model is showing is that the Democrats are pushing for war. This will be their own demise. Things have changed – but the Democrats cannot leave Socialism. They cannot even envision a world without Marxism.
What Putin addressed was the image of Biden’s extremism with this transgender, pronouns, and wokeness. Looking at America from the outside in, many are shaking their heads, asking what is going on.
Posted originally on Feb 16, 2024 By Martin Armstrong
Lawmakers should be required by law to pass a financial literacy test before taking office. California has repeatedly raised the minimum wage as the cost of living continues to rise. They have not lowered the amount of taxes that the state will collect from these workers. California has the highest debt of any state in the US, with some reports estimating it to be around $520 billion. The cost of living continues to rise, but would raising the minimum wage actually help?
Now, I am not against raising the minimum wage. In Florida, I voted for a hike in the minimum wage in 2020 that would increase the minimum wage gradually to $15 an hour. Under the mandate, Florida’s minimum wage rate increased to $10 an hour in September 2021. The minimum wage then will increase by $1 each year until it reaches $15 an hour in 2026. The minimum wage rate applies to all public and private sector employers, regardless of size or number of employees. I voted for it because by 2026 we should see a rise in inflation due to shortages.
I would prefer to see the minimum wage qualified by age. The youth should not be discouraged from seeking their first job due to wage mandates that force employers to downsize. Small businesses were decimated after COVID lockdowns and increasing health care costs have made it difficult for small businesses, especially those service-oriented, to hire additional staff. This is why we see an increasing number of self-check-out options, automated jobs, and outsourced customer service positions in countries outside of the US.
Barbara Lee, a Democratic candidate in California, is advocating for a $50 minimum wage, which would equate to approximately $104,000 per year for a full-time worker. “In the Bay Area, I believe it was the United Way that came out with a report that very recently $127,000 for a family of four is just barely enough to get by,” Lee said. “Another survey very recently: $104,000. For a family of one, barely enough to get by low income because of the affordability crisis.”
California already has a $20 minimum wage in place. Countless employers were forced to let go of employees and raise their prices to meet this requirement. In no reality should a minimum wage employee receive a six-figure salary as it simply is not worth the cost to the employer or consumer. Minimum wage jobs were intended to be entry-level. Inflation will continue to rise
I believe they are seeking to raise the minimum wage to unsustainable levels in an attempt to usher in Universal Basic Income. The Federal government is not permitting migrants to work and using them as the test subjects for UBI. The cost of living will continue to rise as government spending is only rising with no chance of stopping due to numerous wars. Politicians should not be allowed to toy with the minimum wage to buy votes as it is detrimental to the economy.
Posted originally on Feb 15, 2024 By Martin Armstrong
“I promise you if I’m elected president, you’re going to see the single most important thing that changes America,” Biden announced on his campaign trail in 2019. “We’re gonna cure cancer!”
Many have since forgotten the loftiest, most absurd campaign promise in recent years. Sadly, there are those who actually believed funding and research would be put toward cancer research instead of killing off the young and healthy at war. The National Institutes of Health has identified 100 different types of cancer that develop for various, largely unknown reasons. The FDA permits known carcinogens to exist in our food and common households products, citing that they have minimal risk. Has anything been done under Biden’s presidency to aid in researching cancer?
The Biden Cancer Moonshot is a White House initiative aimed at reducing the deadly impact of cancer and improving patient experiences in the treatment and survival of cancer. Over $330 million has been earmarked for this project, a small cost compared to government’s spending on less important matters. The objectives of this initiative include reducing the cancer death rate by 50% over the next 25 years, improving access to cancer screenings, understanding and preventing toxic and environmental exposures, and preventing more cancers before they start. No, Biden was not able to “cure cancer” during his first term, but he is hoping this forgotten program will reduce the rate of cancer in 25 years.
The American Cancer Society believes that cancer cases will hit an all-time high in 2024, with two million Americans receiving that awful diagnosis. Cancer among those between 55 and 64 has risen, with colorectal cancer being the leading cause of death for men, while breast is the most lethal cancer for women. Genetics? Environmental? Other? Researchers are uncertain.
Americans cannot afford cancer treatments, and healthcare issues are the leading cause of bankruptcy. Drug companies, insurance companies, and health providers are permitted to extort Americans for top dollar and no one is intervening in a meaningful way. As this was Joe Biden’s promise to America, he certainly could have passed legislation preventing Americans from being decimated by these industries.
There was a Senate hearing on February 8, 2024, involving the CEOs of Bristol Myers Squibb, Johnson & Johnson, and Merck. Senator Bernie Sanders confronted the CEOs, highlighting the obvious discrepancy between drug prices in the US and those in other countries. He underscored the findings of a majority staff report, which revealed that these companies charge Americans the highest prices globally and have substantially increased prices over the years. The report noted that from 2004 to 2008, the median price of new innovative drugs from these companies was $14,000, which surged to a median price of $238,000 from 2019 to 2023. The CEOs defended their pricing and are refusing to lower costs.
Do not believe promises made on the campaign trail, as these politicians will pretend they can solve every crisis known to man. The Biden Administration could focus on improving cancer research now, not in 25 years, and they could certainly curtail these sinister health agencies from profiting on the pain of the American people.
Posted originally on Feb 14, 2024 By Martin Armstrong
COMMENT: Marty, I just wanted to thank you for your 2020 forecast on the future Superbowls. The double-directional change in 2022 was on target, and we saw the AFL team win two years in a row. Everything is cyclical, right down to football. Socrates even got the viewership correct, forecasting a six-year decline from 2015.
All the best, always to Socrates
WH
REPLY: That is a very true statement. Be it disease, war, politics, or sports, everything has a cycle to it. What is interesting is that the viewership appears to have peaked in 2024. Does that mean Taylor Swift and Travis Kelce’s winning romance will end? Or does it suggest that we may see war when people are less likely to view sports? It might be the latter.
The idea behind the indicator is that a Super Bowl win for an NFL team from the American Football Conference (AFC) predicts a stock market decline (a bear market) in the coming year. On the other hand, a win for a team from the National Football Conference (NFC) foretells a rise in the market or a bull run in the upcoming year. Well that so-called indicator was wrong last year.
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