#Bulgaria is rising again. Seven elections in four years did not lead to apathy. People across generations are demanding accountability, rule of law, and a new way of governing the country. pic.twitter.com/kEeSHnt5Ch
The entire Bulgarian government has resigned after nationwide protests following the government’s decision to join the European Union. “The government resigns today,” Rosen Zhelyazkov announced. “People of all ages, ethnic backgrounds and religions have spoken out in favour of resignation. That is why this civic energy must be supported and encouraged.”
The media portrayed the initial civil unrest as a reaction to the 2026 budget, but the root of the agitation lies with the nation relinquishing sovereignty to join the euro. The Bulgarian government resignation is symbolic; true power lies with the unelected bureaucrats in Brussels.
“The decisions of the National Assembly are meaningful when they reflect the will of the people. We want to be where society expects us to be,” Zhelyazkov said, referring to the anti-government protests. “We have no doubt that the government will receive support in the upcoming vote of no confidence. Regardless, the decisions of the National Assembly are important when they reflect the will of the sovereign,” the prime minister said.
There is massive corruption in the Bulgarian government, hence the need to hold seven snap elections after the 2020 uprising. The people will no longer have the ability to elect their representatives. Citizens have no trust in their government and do not bother with voting, as voter turnout reached only 34.4% in June 2024. Yes, they may elect who rules Bulgaria, but the EU determines the direction the nation must take. Over 6.4 million citizens must convert to the euro on January 1.
Once Bulgaria joins, it will no longer be able to devalue its currency to remain competitive. That’s how small economies adjust in a floating system. But inside the eurozone, you’re stuck. All monetary policy decisions are made by the ECB in Frankfurt, which answers to no elected body. If Bulgaria experiences a downturn, they can’t cut rates or devalue—just like Greece in 2010. They will be told to cut pensions, raise taxes, and accept IMF mandates. That’s not sovereignty.
Bulgaria now has the luxury of taking on more debt through the European Central Bank. It may now join a war on behalf of the EU against a nation with which it had diplomatic ties throughout the years. Bulgaria is the poorest member of the union; Brussels is not going to allow it to sway the course of the EU agenda in any capacity.
Civil unrest continues as tens of thousands of Bulgarians took to the streets last month to protest government spending, or at least that is what the headlines would lead one to believe. The government released its 2026 budget proposal, which included higher taxes and increased social security contributions, sparking nationwide outrage led by youth. Now, Parliament is withdrawing the budget unanimously, as citizens demanded the right to be heard. Yet, the true nature of the protests surrounds the forced adoption of the euro.
Prime Minister Rosen Zhelyazkov has been urged to resign; President Rumen Radev backed protesters while accusing violence as “mafia provocation.” Protestors set the entrance to the office of the European Commission on fire. Bulgaria is set to join the eurozone on January 1, 2026. The budget maxes out the 3% deficit as demanded by the European Commission. The people know that appeasing the European Commission is the main reason they want to increase taxes, and Bulgarians do not want to surrender their national identity to Brussels.
But Bulgaria is set to join the eurozone as the 21st member despite political unrest. The euro was never created as a currency to enhance trade or economic efficiency. It was designed as a stepping stone toward federalizing Europe. Europe has always sought the benefits of a single currency without surrendering fiscal sovereignty. Brussels will accept Bulgaria even without a clear budget because it needs to feed a dying system.
Bulgaria will forego its sovereignty. Goodbye independent rate decisions. Bulgaria will not have a national currency to adjust during downturns. They will be forced into the one-size-fits-all monetary system centered around the top European economies that are on the decline. The EU is attempting to recruit Romania into its scheme as well. Then there is the matter of absorbing Ukraine into the mix. The centralized authority in Brussels has no plan for the sovereign debt crisis that awaits it next year going into 2028.
Posted originally on Nov 3, 2025 by Martin Armstrong |
Government officials are rapidly moving onto US military bases for security. The Atlantic reported that Stephen Miller, Pete Hegseth, Marco Rubio, Kristi Noem, and other senior officials have relocated to US bases around Washington, D.C. These officials have received personal threats and have been notified by intelligence agencies that civil unrest is inevitable.
This is an extremely unusual occurrence as these homes were typically used by high-ranking military officers. These officials have been doxxed by the legacy media. Homeland Security Secretary Kristi Noem was forced to relocate and the Daily Mail published her Navy Yard address. The staffers who relocated are considered temporary residents, but they would not have been able to move if not grants permission from the administration.
Critics argue that the lines between the military and civilian leaders have been blurred, and argue that public servants should reside among the public they serve. The issue is that these individuals are receiving an alarming number of death threats as civil unrest boils over into political violence. It is doubtful that these officials are happy about the move themselves, but it is essential for security.
The president is also preparing for political violence. The controversial White House ballroom renovation includes an undisclosed security feature. The original East Wing, built in 1902, featured an underground bunker. The Presidential Emergency Operations Center (PEOC) was used during World War II and the 9/11 premeditated demolitions. The White House has been focusing on the ballroom renovation with little discussion of the updated security features that will be added to the existing bunker.
Former German Chancellor Angela Merkel was the first person to admit that the Minsk Agreement was a ploy to buy time to help Ukraine build its military. The Western powers never intended to honor the Minsk Agreement or any of their peace deals with Russia. Yet, Angela Merkel believes there is a bigger culprit behind Russian aggression—COVID-19.
“We couldn’t meet anymore” because Putin was “afraid of the coronavirus pandemic.” Merkel’s theory: “If you can’t meet, if you can’t discuss your differences face to face, you won’t find new compromises.” In a recent interview, Merkel plainly states, “Corona is the main reason” why Russia attacked Ukraine.
Merkel also stated in a separate interview that she has been a political “scapegoat” for escalating Russian aggression. People blame Merkel, unfairly, I will add, for continuing to purchase Russian oil at that time. She has been attacked for failing to boost Germany’s defense during her tenure. The public believes that Germany used the Minsk Agreement to appease Putin, but Merkel herself admitted the deal was to boost Ukraine.
Not only is she blaming COVID, but Merkel is blaming Poland and the Baltic States for preventing the European Union from establishing direct contact with Russia. She mentions that these EU nations were also keen on importing Russian energy, because politicians were unwilling to sabotage the energy sector before Brussels had complete control over the EU bloc.
“In my opinion, it was necessary to try to resolve conflicts with Russia peacefully. At the same time, we also strengthened the principle of deterrence… At the 2014 NATO summit in Wales, a goal was set for all countries to spend two percent of their gross domestic product on defense. I recognize that the energy with which this was advanced was limited,” the former chancellor said.
This war began in 2014, long before the pandemic. Putin invaded as a direct response to the Minsk Agreement hoax, and in reality, Merkel knows the truth. “But I don’t believe that when he came to power in 2000, he was already planning to attack Ukraine one day. Rather, it is a development in which we in the West must also ask ourselves whether we have always done everything right,” the former chancellor noted in a separate interview. True. Putin did not enter politics with the intent of restoring the Soviet Union. The entire reason Yeltsin handed Putin the reins of power was to prevent Russia from being overtaken by the hardliner oligarchs who DO want to see a USSR revival.
Merkel has gone off the rails in her interviews since leaving office. Her frankness is refreshing for those of us who understand the long con game these neocons have been playing–Merkel cannot bite her tongue to conceal the Plot to Seize Russia.
Posted originally on CTH on October 7, 2025 | Sundance
Canadian Prime Minister Mark Carney travels to the U.S. for a White House meeting with President Trump. The two leaders hold a press availability prior to entering negotiations. WATCH:
Posted originally on Oct 7, 2025 by Martin Armstrong |
COMMENT #1: Hi Martin,
Macron is totally cornered tonight, and 62% of the French people are now demanding his resignation. With all the panic cycles showing up in multiple markets in 3 weeks only, may God help us if the petit Napoleon doesn’t take us into war with his other European parasite friends to avoid losing power after their failed policies, and humiliation as the most hated president in history. Unbearable for such a narcissistic character.
Best wishes from France.
PH
COMMENT#2: Mr. Armstrong,
Thank you for doing podcasts in Croatia and Serbia. You are being heard. The president, Milorad Dodik, a Bosnian Serb, who is the 8th President of the Republika Srpska, is now publicly saying what you have been warning about: that this war with Russia is because the EU is in trouble. I know if I ask, you cannot confirm or deny. But it appears that you may be advising countries in the Balkans. I certainly hope so. Dodik has publicly stated that the political situation in European countries is deteriorating, and their economies are in recession. Dodik warned that the EU is a trap. “The Balkan countries should not join the EU. It’s a trap. By the time we join the European Union, it will disappear, and it is already disappearing.”
Thank you so much for your efforts. You are the only person who truly deserves a Peace Prize.
VR
REPLY: If you are blind, you can still see that once the EU was created, like a small businessman seeks to expand his business, that same human instinct takes place among politicians, but the difference is they constantly seek more and more power directed against the people. Even German Chancellor Friedrich Merz called for “putting sticks in the wheels of Brussels” in order to regain Berlin’s influence. Merz wants to give part of the EU’s powers to national governments. He has stressed that it is necessary to stop Brussels’ interference “in people’s daily lives” in the person of European Commission President Ursula von der Leyen.
“Now we have to put a stick in the wheels of this machine in Brussels,” the German chancellor said, addressing business leaders.
Merz also criticizes von der Leyen for proposals to expand the EU budget, introduce new taxes, and for the protracted negotiations on trade agreements. He has insisted on reviewing the role of Brussels in defense planning. Merz has actually said that the EU has “gone too far” and that this situation “can no longer continue.”
Poland has also expressed similar problems with Ursula’s administration of the EU. She has really wiped out the European economy by using insane climate control to the migrant crisis. A mere glance at the GDP of Europe in comparison to that of the United States reveals how it has significantly suppressed economic growth, pushing the EU to the brink of collapse.
This is the official data taken from the Federal Reserve. This is why we even have a NO-CONFIDENCE VOTE on Ursula this week. I was in a meeting in Berlin and had to run to the next meeting in Rome. These climate change policies have led to the cancellation of short-term flights. There was only one direct flight in the morning. I had to rent a private jet to make the next meeting. I have NEVER in over 40 years been compelled to do that.
Since the 1995 Dayton Peace Agreement, Bosnia and Herzegovina has functioned as a decentralized, multiethnic state divided into two entities: the Federation of Bosnia and Herzegovina and Republika Srpska. Ukraine should have been divided along ethnic lines. But NATO and the NEOCONS have been using Ukraine as their sacrifice on their Neocon altar to bring down Russia.
The Balkans can’t look to the future because they are forever hostages to the past. Even the Baltic states face the same issue with Kallas of Estonia, who insists that Russia is too large and must be broken up. The EU hates Dodik because he is pro-Russia.
This week, the European Parliament is scheduled to hold two no-confidence votes against European Commission President Ursula von der Leyen on Thursday, October 9, 2025, at 12:00 PM CEST. These votes follow a joint debate held on Monday, October 6, 2025, at 5:00 PM CEST. What is fascinating is how the computer picks up these events from the economic patterns. He had a Panic Cycle for the 9th – the day of the vote.
The motions have been introduced by two political groups: the anti-leftist “Patriots for Europe” and the left-wing group “The Left.” The Patriots for Europe criticize Ursula von der Leyen’s green policies and response to illegal migration, while The Left condemns the EU’s inaction on Gaza. Both groups also oppose Ursula’s trade policies, particularly a tariff deal with the U.S. and a proposed EU-Mercosur agreement, which they argue harms farmers and the environment.
Most expect the motions will fail and Ursula will maintain the European tyranny. A two-thirds majority is required to pass a no-confidence motion in the European Parliament, and such a majority is not anticipated. Centrist parties, including the European People’s Party (EPP), Socialists and Democrats (S&D), and Renew Europe, are expected to support Ursula to the detriment of Europe. They will ensure that Ursula von der Leyen will retain her position and allow Europe to fulill is destiny.
Despite the expected outcome, these motions highlight growing political polarization within the European Parliament and reflect broader dissatisfaction with von der Leyen’s leadership. However, the computer does NOT show such clear sailing. This week was to be a Directional Change, and we have a Panic Cycle that is showing up around the world in various markets, especially during the Week of October 27th.
Posted originally on CTH on October 6, 2025 | Sundance
Well, number five didn’t last long. Now French President Emmanuel Macron will be looking for Prime Minister #6.
France’s new Prime Minister Sebastien Lecornu has resigned only a few weeks after his installation. Just yesterday he appointed the cabinet, and today he quits. With the parliamentary government collapsing repeatedly, and with serious economic and financial issues around the French government, things are increasingly spiraling.
FRANCE – […] Lecornu, France’s fifth PM in less than two years, had his work cut out to convince the country — and investors — that he can unite a fractious and divided parliament enough to get a 2026 budget over the line.
He was installed in early September against a backdrop of public unrest and dissatisfaction over the messy state of French affairs, after several successive governments failed to pass budgets detailing spending cuts and tax rises.
A former defense minister and longtime ally of French President Emmanuel Macron, Lecornu resigned just hours after naming a new cabinet on Sunday. The new cabinet, which saw most high-profile figures remain in their posts, was due to hold its first meeting on Monday.
Now, France has been plunged into a new political crisis which will put massive pressure on Macron, who has now installed three failed minority governments.
Lecornu was due to make a speech in front of parliament, the National Assembly, on Tuesday laying out his government’s roadmap.
Parties on both the left and right of the political spectrum in France were watching closely, as were investors and the European Commission in Brussels, to see how Lecornu planned to close a budget deficit of 5.8% in 2024. France’s debt pile amounted to 113% of GDP in 2024.
Both levels are far above EU rules demanding that individual members’ deficits should not exceed 3% of GDP, while their public debt should not surpass 60% of economic output. (read more)
Posted originally on Oct 6, 2025 by Martin Armstrong |
The people of the United Kingdom are fighting back against the government’s plan to roll out a digital ID system. The petition to counter the legislation quickly became the fastest-growing online petition in UK history, with over two million people signing in less than 48 hours. “We demand that the UK Government immediately commits to not introducing a digital ID cards. We think this would be a step towards mass surveillance and digital control, and that no one should be forced to register with a state-controlled ID system. We oppose the creation of any national ID system. ID cards were scrapped in 2010, in our view for good reason.”
The government is willing to change laws to pander to the culture of migrants while simultaneously claiming all citizens must lock into the centralized digital platform to curb migration. “We are committed to making people’s everyday lives easier and more secure, to putting more control in their hands (including over their own data), and to driving growth through harnessing digital technology,” the statement added, claiming a surveillance state is for the greater good of Britain.
We will launch a public consultation in the coming weeks and work closely with employers, trade unions, civil society groups and other stakeholders, to co-design the scheme and ensure it is as secure and inclusive as possible,” the response continued, blatantly ignoring any attempt to speak with the people of the UK to understand their insights or concerns.
Authorities clarified that people will not be asked to produce their ID, however, obtaining a digital ID will be mandatory for anyone wishing to retain the Right to Work. Furthermore, the system will be integrated into the Gov.UK digital wallet system. The government claims the system is similar to Apple Pay or Google Wallet, but the government will be monitoring the system and “curbing the prospect of earning money” for “illegal immigrants.”
The government can prevent absolutely anyone and everyone from earning money. Governments always expand policies to usurp more power—but never before in the history of civilization did the ruling elite have the ability to monitor and control everyone in real-time. This is simply why the destruction of the West is inevitable. The people have been undermined, their morals and beliefs tossed in the mud. Discussing anything against the government’s agenda is now illegal—free speech is banned. Fiscal mismanagement has caused everyone’s quality of life to plummet. Soon there will be little else for the people to lose by defying government. A system supported by the people cannot last when those very people are pushed to the breaking point of revolution.
Posted originally on Oct 6, 2025 by Martin Armstrong |
Nepal, Morocco, Madagascar, and now South Korea—the youth are not accepting economic hardships quietly. South Korea passed a “public intimidation law” that criminalizes threats or acts of crime against the general public with a penalty of 20 million won ($13,700) or five years imprisonment. New data has found that half of the suspects are in their 20s and 30s, according to ministry data obtained by Representative Song Seok-jun.
The most common motive noted in around one-third of cases is anger or resentment toward society. The law went into effect back in March and there have been over 70 cases of public intimidation. Authorities have arrested over 50 people, mostly men in their 20s. Crimes vary from online hate to bomb threats.
Seoul National University’s School of Public Health reported in May that 55% of adults in South Korea are living in a state of “prolonged emotional frustration,” and 70% reported that society is “fundamentally unfair.”
Youth unemployment in South Korea has reached 15%, with the national average sitting at 5%. Over 1.2 million young people are unemployed, despite South Korea having one of the highest rates of higher education. Working for a family-run conglomerate or a chaebol is seen as prestigious compared to small and medium enterprises (SMEs) where working conditions and pay are less desirable. SK, LG, Samsung, and Hyundai alone accounted for 40.8% of the national GDP in 2023. In fact, 84.3% of all GDP can be traced to 64 companies ,but they compose only 10% of available jobs.
“The figures make clear that the chaebols’ impact on the Korean economy cannot be easily disregarded. But the 64 chaebol’s share of employment is lower than their share of revenue, which means they need to more aggressively expand their hiring,” said Oh Il-seon, director of the Korea CXO Institute.
Over 70% of Koreans between 25 and 34 hold a college degree, which is 20 points higher than the OECD average. Studies show that only 24% of college graduates in South Korea earn more than those with a high school diploma. In contrast, 69% of college graduated in America are employed.
South Korean children begin training for a position at a chaebol. The market is saturated with educated, eligible employees. Housing and the overall cost of living have skyrocketed. The youth followed the playbook and lost the game. South Korea already has a plethora of political turmoil, but no one is more vocal or willing to cause unrest than the youth.
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