Putin Sworn in on ECM May 7th Target


Posted originally on May 7, 2024 By Martin Armstrong |  

The Daily Mail

Putin was inaugurated in the Palace of the old Czars. He at least proved that he (1) could walk, (2) did not require an Easter Bunny to guide him, and (3) he could read a complete sentence. I suppose that, in contrast to Biden, it is rather stunning. But in truth, at least Putin does make the decisions in Russia compared to our unelected people really running the White House

Russia Now Responds This War is US, UK & NATO vs Russia – Not Ukraine


Posted 0riginally on May 6, 2024 By Martin Armstrong 

Russia_Warns_Ukraine_s_F_16s_Will_Be_Treated_as_Nuclear_Threats 5 6 24

Russia is changing its game. I have been warned that Putin has been under pressure to deal with the real threat to Russia, the US, the UK, and NATO. Ukraine is just a mercenary soldier who is expendable as far as the West is concerned. Nobody cares about Ukrainians. They are just there to kill Russians. As I have warned, nobody in Washington has EVER expected Ukraine to win. The real powers, the US, the UK, and NATO, are all stepping up the game, and they are preparing for World War III and want to destroy Russia utterly.

The game is changing here on May 7th. All I can pray is that Ukraine does not do something really stupid because, on May 7th, Putin will be inaugurated.

US Home Prices Nearing All-Time Highs


Posted originally on May 3, 2024 By Martin Armstrong 

House US Real Estate

Home prices in the US are near all-time highs. As I repeatedly stated, we can no longer look at real estate on the national level. Demand and value are contained to certain states and areas of certain states that the public has deemed most desirable, largely due to political factors such as taxes. Yet, at the moment, buyers are swiping up real estate where available. The S&P CoreLogic Case-Shiller posted a 6.4% gain in February after January’s 6% spike, marking the fastest uptick in home prices since November 2022.

The 20-city composite jumped 7.3% on an annual basis, rising from January’s posting of 6.6%. The 10-city composite saw an 8% annual rise, up from 7.4% in January. February was the third consecutive month of rising home prices in all cities, with Washington D.C., New York, San Diego, and Los Angeles experiencing all-time highs in price.

San Diego saw an 11.4% annual rise in home prices, the largest jump in the 20-city composite. Detroit and Chicago posted 8.9% annual gains. Yes, we will eventually see the red states surpass the blue. Smart money is moving into assets like real estate. The downside of real estate is that they impose a property tax on it annually, but investors enjoy that passive income.

There is a notion of “now or never” among first-time buyers as it simply no longer makes sense financially to rent. A person’s ability to qualify for that first downpayment has diminished with rising rental costs. Rental costs increased 3.15% from February 2023 to February 2024, further rising to 3.6% annually in March of this year. This is close to the pre-pandemic growth rate of around 4.1%, but rental pricing is up 36.6% from the pre-pandemic era. While difficult to judge on a national basis, the average rental now costs $1,983 per month, but it is much higher in places like New York City ($3,206 average) or San Francisco ($3,024) hence why we are seeing people sweeping up real estate there.

Shelter is 34% of CPI. The April 10 release from the Bureau of Labor Statistics found that shelter costs have risen for the past 40 months. In March, shelter costs were the largest contributing factor for core inflation. Rising home prices will not benefit the economy or lead to any positive indicators that inflation is waning.

Tucker Carlson Interviews Russian Philosopher Aleksandr Dugin


Posted originally on the CTH on May 1, 2024 | Sundance

Aleksandr Dugin is the most famous political philosopher in Russia. His ideas are considered so dangerous the Ukrainian government murdered his daughter, and Amazon won’t sell his books. Tucker Carlson talked to him in Moscow.

Watching this interview while sitting in a kitchen in Russia is a little odd, however, what Dugin explains does seem to lineup with my perspective as an American in Russia.  The explanation for why leftists (progressives) in the USA seemingly reversed their entire worldview about Russia in a decade does seem to make sense.

I have shared that modern Russian social society is much more traditional than the expressed Western value system you find embodied in progressives.  Russia is far more nationalistic and less globalist; meanwhile, the USA has moved far closer to globalism and is less nationalistic.  Within this shift, the change in democracy also reconciles.

As Dugin notes, Western democracy is no longer about the majority of the citizens; the national identity has been erased in favor of governing rules by a minority.  The commonality of sex (two genders) has been erased in favor of multiple-gender identity, expanded individualism, which is simply a reflection of the fractured bond of commonality.  It is an interesting conversation.  WATCH:

It should be noted before people in the USA and English speaking “West” start running around with romantic images of Russia, that the Russian people do not think about such issues… AT ALL.  The average Russian thinks about social politics about as much as the average American, which is to say – not much at all.

However, all of that said, someone asked me about COVID-19 in Russia and what was the general sensibility of the issue.  I have had some rather fascinating discussions thanks to that question.

I never thought I would find a population more cynical about COVID-19, the “pandemic of ’20/’21” and the vaccine protocol than Americans on average.  I was wrong.  In my conversations with Russians about it, the average person in Russia was far more cynical than the average American.

I’m not sure why, but a larger than 50% group of the Russian people did not buy into the fear and hype.  From the conversations I have encountered, more than half the population didn’t trust the claims by the Western medical establishment.

Additionally, fewer than half the population of Russia appear to have accepted the vaccine.  We are told the vaccine compliance rate for the first injection in the USA was around 65 to 70%.  It does not seem like 70% of Russians took the vaccine; it seems that Russia had a much lower compliance rate based on responses to the question.

I’m not exactly sure why the biggest segment of the Russian population didn’t fall for the COVID-19 pandemic hype; perhaps their cynicism against “institutions” of a totalitarian state helped them on this subject, I don’t know.  However, the most frequent response is the average Russian just didn’t believe COVID-19 was as dangerous as the various health agencies were saying it was.

The government of Russia pushed the vaccine, perhaps not as aggressively as the USA and other Western countries, but they did push it hard.  However, it appears much less than half the population followed the govt advice.

I’ll have more later on some granular Russian dynamics as they appear to present.

It really is bizarre being here in Russia.  There are zero Western tourists or travelers in this country.  The only tourists and/or foreigners Russia has seen for over two years are all from Asia (mostly China).   When the average Russian hears my American voice speaking English, the immediate reaction is shock, followed by extreme curiosity – it’s wild.

There’s nothing to be fearful about or worried about.  Everywhere seems to be safe, orderly and exceptionally well cultured; maybe even a little annoyingly so.  The polite and unwritten social rules are followed by everyone with a general compliance unlike anything I can remember seeing in the USA.   Everything from how you cross the street to obeying social standards on subway travel is extraordinarily polite and mannerly; factually it’s a little weird.

Do not romanticize Russia in your mind’s-eye; there are major issues here, and the quality of life in the average USA neighborhood is much higher.  However, on the cultural part of polite social norms, most Russian social life is like a step back into the 1950’s USA with perhaps a bigger dose of visible counter-culture evident.

The USA boomer generation would recognize the shallow coldness behind the eyes of Russians who avoid eye contact and appear to be task oriented in life.  Oddly, if you grew up as a USA Gen-Xer, socially current Russia is probably more like the place of your fond memories, and going to a large shopping mall is like stepping back in time 30 years.  If, however, you have a gen-Z or ‘zoomer’ in the familial crew, they would think modern social Russia is backwards and too regimented.

From what I can tell, those Western (generational) viewpoints are entirely due to the speed of transition that Dugin notes from the rising of Vladimir Putin to the leadership of Russia.

There ain’t no welcoming room for Barack Obama, Bill Ayers, Cass Sunstein, Samantha Power and/or any of the progressive crew here.  Russian patriotism is probably at the highest generational point in a long time, and I doubt President Putin is going to miss the opportunity to perma-ban all the Western corporations that exited Russia after the sanctions came along.

The reality of the Western sanction regime is really going to take an entire series of articles to explain.  T-mobile cell phone service works here (go figure, no blocks at all), as long as you don’t interface your device with Russian internet wifi, which is really funny.

Yes, you can connect to all the banned Western stuff through the cell phone network (value of a yellow phone in Russia), and simultaneously you can connect and access all of the banned stuff the USA government controls and stops Americans from seeing/using if you have a grey zone originating phone and cell phone number.  lolol

It really is bizarre how an individual person can operate, in this fragmented communication world, once they teach themselves the tools and techniques.   Perhaps the most stunningly obvious difference between Yellow and Grey – anyone with a passport can open a bank account in Russia. The RU banks even have their computers set up to plug in to your device and upload apps, because the Apple/Google app stores don’t permit it (sanctions).

There is a lengthy learning curve, but it is well worth the time figuring out how to navigate the financial matrix the West has constructed.   The sanctions against Russia are stunningly irrelevant, and were not designed to keep Russia out of the western financial system. The Sanctions were created to keep Americans, Canadians, AU/NZ, Japan and EU locked into the West.

Russia Responds Precisely on Target


Posted originally on Apr 25, 2024 By Martin Armstrong 

ECM Ukraine Russia War

Nearly $300 billion worth of confiscated frozen Russian assets have been set to the side by the West. Some of the world’s leading decision-makers have been urging the powers that be to release these funds into Ukraine, arming Russia’s enemy with the private wealth of its own citizens. Russia has finally responded to these threats near our critical turning point during the week of April 19/20, 2024.

Russian authorities released a statement to say that they are fully prepared to implement retaliatory measures.

“We also have a prepared answer,” Valentina Matviyenko, the speaker of the Russian upper house of parliament, was quoted as saying by state news agency RIA. “We have a draft law, which we are ready to consider immediately, on retaliatory measures.” While the precise retaliatory measures have not been stated, it is safe to assume that Russia will begin to confiscate Western assets. “And the Europeans will lose more than we do,” Matviyenko, who is a member of Russia’s powerful Security Council, said.

The response also comes ahead of the critical target of May 7, which also happens to be the next Russian election. The computer selected the date many years ago. The people want a strong leader who will fight to return what is rightfully theirs. The West has never technically been at war with Russia and Russia has been overly patient in awaiting a response. As it seems the funds will be released in the slush fund which is Ukraine, Russia has been forced to respond.

ECM Russia 1991 Pi

It is unclear how much Russia holds in foreign assets. Russian Parliament speaker Vyacheslav Volodin said he believes that Russia would be justified in seizing these assets, especially after the US House of Representatives recently voted on legislation that will expand the illegal seizure of private Russian assets. Russia noted that Europe has more to lose than America because Europeans have more invested in Russia. Europe holds the majority of Russian assets, freezing around $224 billion in assets compared to the $5 to $6 trillion held by the US.

Now Volodin is prepared for more than mere economic warfare. In January, he stated that Russia was prepared to unleash a “global catastrophe” upon all unfriendly nations for creating this proxy war in Ukraine. “Arguments that the nuclear powers have not previously used weapons of mass destruction in local conflicts are untenable. This is because these states have not faced a situation in which the security of their citizens and the territorial integrity of their countries were threatened,” he stated in January 2024. He then stated on Telegram: “With their decisions, Washington and Brussels are leading the world to a terrible war … foreign politicians making such decisions need to understand that this could end in a global tragedy that will destroy their countries.”

EU Rebuild Ukraine with Russian Money

Now, the amount frozen surpasses Ukraine’s entire GDP, but world leaders are using it as a ruse to cover up the fact that their own nations are in a liquidity crisis. US Treasury Secretary Janet Yellen falsely claims that sending off these assets to Ukraine would “incentivize [Russia] to come to the table to negotiate a just peace with Ukraine.” She knows that Moscow has been prohibited from seeking a peace treaty since this war began. Putin went on a live stream that was broadcast around the globe and said he would welcome a call from Zelensky at any time to arrange a peace treaty.

The wise have been pouring money out into anything tangible. Everything from collectible cars to art, antiques, coins, and stamps have been rising. Geopolitics have collided with plans for the Great Reset, and private assets will be used on the economic battlefield.

In this wholesale confiscation of private assets, these politicians are using the excuse of Ukraine to implement a completely new normal procedure – the confiscation of billions without asking who the funds belong to and whether there is a connection to the Ukraine war. There is no check or balance for where the money is spent or sent.

2023_04_16_08_53_35_Ukraine_War_Causes_Inflation_Higher_Rates_Martin_Armstrong_Greg_Hunter_s_U

For all intents and purposes, the people who lost their life savings are mostly private citizens who have been victims of circumstance. They did not fund Russia’s invasion or have a say in their government’s decisions. Russia now states that they view this as a complete violation of international law as an act of war and they are willing to play the same dirty game.

This will change world trade entirely. People will be wary of international investments in places where they too may face illegal seizures. Why would, say, someone in China continue investing in Europe and the US when hostilities are building with Taiwan? These politicians simply fail to see the longterm damage that their policies create.

The West deliberately pushed Russia to suspend servicing their debts to Western lenders in preparation for their own excuse to suspend their own servicing of debts. As usual with sanctions, not only the person against whom the sanctions are directed, in this case, Russia, is harmed but also this has undermined the entire world economy ensuring its collapse in the years ahead. In this context, it cannot be stressed enough that sanctions historically have never worked and they know that they are generally pointless.

There is absolutely no question that we are headed into a very serious sovereign debt default. Western governments have been engaging in a Ponzi scheme, and the house of cards comes crashing down when they can no longer sell new debt to redeem the old. They need this war as an excuse to cover up their fiscal mismanagement, and they will then start all over again with digital currencies.

Russia Tests an Undetectable Supersonic ICBM


Posted originally on Apr 21, 2024 By Martin Armstrong 

Russia New Test

Russia tested a new missile last week that has many concerned that this is a new supersonic version of a nuclear-capable intercontinental ballistic missile (ICBM) on April 12th, 2024, that is capable of attacking NATO and the USA undetected. The Russian Ministry of Defence only claimed this was part of “state testing of prospective missile systems, as well as confirmation of the stability of missiles in service.” This has caused chatter down the line when the Neocons are pushing for war.

Insurance is Always a Scam – Beware – They Pay NO CLAIMS in time of war


Posted originally on Apr 20, 2024 By Martin Armstrong 

Loyds refuse to pay for NordStream R

Loyds Nord Stream v (1) LIC and (2) Arch – CL-2024-000094 – Defence

Switzerland-based Nord Stream AG filed a lawsuit against the insurers for refusing to compensate the company. Nord Stream estimated the cost incurred by the attack to be between €1.2 billion and €1.35 billion and is seeking to recoup over €400 million in damages. The insurers, Lloyd’s Insurance Company and Arch Insurance Company responded that since the Nord Stream explosions were “more likely than not to have been inflicted by… a government,” they have no responsibility to pay for damages to the pipelines.

British insurers took the position that they have no obligation to honor their coverage of the Nord Stream pipelines because they were blown up in September 2022, because they were destroyed as an unprecedented act of sabotage, most likely carried out by a national government. They have contradicted reports of the Washington Post and others claiming that a private Ukrainian team was responsible for the massive act of industrial sabotage.

In their legal brief, you can download above, filed by Lloyd’s and Arch Insurance Companies, they state that the “defendants will rely on, inter alia, the fact that the explosion Damage could only have (or, at least, was more likely than not to have) been inflicted by or under the order of a government.”

Consequently,  they argue, “the Explosion Damage was “directly or indirectly occasioned by, happening through, or in consequence of” the conflict between Russia and Ukraine and therefore falls under an exclusion relating to military conflicts. This is important because regardless of your insurance, going into war means they will never pay any claims. Personally, I have NEVER had any insurance company EVER pay what I was covered for. When I die, I am sure they will claim that he is a clone and he is hiding somewhere.

A tree once fell on my brand-new car in a storm. It was then sent to Bordentown Autobody to be repaired. They burned down with my car in it. Allstate Insurance screwed me because I paid cash for the car, and as soon as they knew no bank was involved, they claimed there were two deductibles and subtracted about 25%, knowing that would be my legal fees to make it UNREALISTIC to sue them. Insurance is ALWAYS a scam.

Russia Set to Outpace All Advanced Economies – Sanctions FAILED


Posted Apr 18, 2024 By Martin Armstrong 

Putin Xi

Sanctions and the removal of Russia from SWIFT have not deterred the Russian economy. A recent report by the International Monetary Fund (IMF) predicts that Russia’s economy will grow more in the next year than any other advanced economy.

The IMF believes Russia’s economy will grow by 3.2% in 2024, in comparison, the US is expected to grow by 2.7% while Europe’s top economy, Germany, is expected to grow by a mere 0.2%. Cutting off Europe from Russian energy backfired in a major way. Foreign investments have been pouring into Russia from the rest of the world, which is eager to join the rank of “advanced nation.”

BRICS

Trade between China and Russia has spiked to $240 billion in the last year alone. World leaders have learned absolutely nothing from the previous three years. US President Joe Biden just announced new tariffs against China on steel, aluminum, and shipbuilding supplies that will be potentially raised to 7.5%, triple the current rate for steel and aluminum. “The president understands we must invest in American manufacturing, but we also have to protect those investments and those workers from unfair exports associated with China’s industrial overcapacity,” Lael Brainerd, director of the White House’s National Economic Council. The president of the US and other world leaders simply do not understand how the economy operates. Brainerd believes China is simply overproducing, and these tariffs will cause China to change its policy as it wishes to continue trade with the US, its previous top trading partner.

Trade War 2

China does not need the US to excel at trade. China’s adopted capitalistic style of business is causing nations to line up to sell to China in the same manner that they once did to the US. Now, Americans are strapped for cash, and its consumer population is declining. Biden just made it less appealed for nations like China to sell to the US. Germany is failing to grow because it continued its mercantile system of business where it feels it must increase manufacturing. German manufacturing may be of higher quality than that of China but China’s middle class is growing, and with it, so are the number of consumers amid a population of nearly 1.4 billion people.

Russia does not need the US, Canada, or Europe for trade either, as they have a precious natural resource that is in higher demand than supply. The world needs energy and fossil fuels and cannot operate without them. As hard as the climate change zealots try, they cannot eliminate the world’s dependence on fossil fuels. Instead, the West is imposing regulations and taxing its people in an effort to reduce their reliance on fossil fuels, but the demand is not there, and the infrastructure does not exist. There is no reliable alternative to fossil fuels on a wide scale.

Russia does not need to adhere to the G7 nation’s price capping regulations. Russia has effectively been selling oil to nations like India who then turn around and sell it to the West at a premium. Pettiness is poor business, and simply attempting to ostracize a necessary trade partner from the global market has backfired in a major way. Now nations like those under BRICS are trading freely without Western interference and it is becoming overtly apparent that sanctions do not work.

Petition to Remove Trudeau from Office


Posted Apr 13, 2024 By Martin Armstrong 

Canada Accuses India of Election Interference


Posted originally on Apr 11, 2024 By Martin Armstrong 

Trudeau 7

The Canadian Security Intelligence Service (CSIS) issued a report accusing India and Pakistan of interfering in Canada’s federal elections in 2019 and 2021. India has called the claims “baseless,” but the CSIS said it will be on the hunt for meddling during the upcoming election.

It is not Government of India’s policy to interfere in democratic processes of other countries. In fact, quite on the reverse, it is Canada which has been interfering in our internal affairs. We have been raising this issue regularly with them. We continue to call on Canada to take effective measures to address our core concerns,” stated India’s External Affairs Ministry spokesperson Randhir Jaiswal.

Canada’s next election is not until October 2025, but polls show that Canadians are eager for a change in leadership. A poll from January conducted by Nanos Research found that 46% of Canadians would like to cast their vote in 2024. The Canada Elections Act of 2007 changed the timeline for general elections, which are to be held the third Monday of October every four years. Yet, an election could be held earlier, according to Election Canada, “as long as it is no later than five years after the previous election.”

People are simply losing confidence in their government leaders. Canadians are not happy with their current conditions and want Trudeau out. As is common, his administration now must blame foreign interference for his loss in popularity.

Prime Minister Narendra Modi

The CSIS was granted extended powers by the Liberal government in 2015 under Bill C-51, the Anti-Terrorism Act. The CSIS is now able to actively interfere with potential terrorist activities, such as censoring websites, blocking the freedom of movement, or de-banking individuals as they did to the truckers during the Trucker Convoy.

“We have known for many, many years that many different countries take an interest in engaging in Canadian institutions and sometimes influencing, sometimes interfering, in the work of Canadian institutions,” Trudeau said. “I can assure people that we will continue to do everything necessary to prevent interference from whatever country it comes from.”

Threat-reduction matters could include parking a cop car outside of a potential terrorists home; government intimidation. They believe Sikh Canadians are being forced to vote in alignment with Indian policies, therefore, the CSIS will be watching them closely as the next election approaches.

There is no concrete evidence that an outside source interfered in Canada’s elections but that is not preventing the government from attacking foreign nations and alerting the public that they will be taking preventative measures to ensure the public votes accordingly.