Self-Defense Illegal in Blue Cities


Armstrong Economics Blog/USA Current Events Re-Posted Aug 10, 2023 by Martin Armstrong

Criminals have the right of way in the US where they are permitted to commit crimes with absolutely no repercussions. I advise you to read my article on the Cloward-Piven Strategy if you want to know the real reason this is all happening. Overburden the bureaucracy to break the system, create controlled chaos, usurp power as civil unrest peaks, and offer government aid as the only solution. This was the basis behind the Cloward-Piven strategy created by sociologists Frances Fox Piven and her husband, Richard Cloward. The couple published their theory in The Nation Magazine on May 2, 1966, entitled “The Weight of the Poor: A Strategy to End Poverty.”

The four steps of the Cloward-Piven Strategy:

  1. Overload and Break the Welfare System
  2. Have Chaos Ensue
  3. Take Control in the Chaos
  4. Implement Socialism and Communism through Government Force

In Chicago, we see mobs of people absolutely destroying small businesses and personal property. It is not safe there. Yet, the mayor refuses to call these groups “mobs” and urges the public to have compassion for the criminals.

In Oakland, California, the police are advising residents to place security bars on their doors and windows due to the uptick in crime. Burglaries have risen over 41% in Oakland and robberies are up 20%. Instead of properly telling residents that their 2A rights may be the only difference between life and death, the police have advised residents to use airhorns. Breitbart reported on a recent incident that went as expected:“On Sunday, July 30, 2023, a 75-year-old Oakland woman was home alone and armed with more than an airhorn when two alleged armed intruders entered her home. The woman had a .357 Magnum revolver, which she used to fire one shot at the alleged intruders, KTVU reported. The alleged intruders fired multiple shots then fled the scene.”

Clearly, the airhorns did not cause the criminals to flee. This woman is lucky that she was armed when criminals, likely career criminals who fail to contribute to society in any meaningful way, broke into her home.

In Stockton, California, a 7-Eleven convenience store owner was robbed by the same man on multiple occasions. The police did not assist the clerk after he pleaded for help numerous times. There are videos showing the same man casually robbing the store. “Look how relaxed he is. That’s the Democratic law in California where the criminal is the victim because, you know, ‘the system is racist‘,” Fox News contributor Leo Terrell commented.

The store owner finally decided to fight back. He did not use lethal force but began beating the career criminal with a broomstick as another man held him down. They can’t cry racism because the store owner is Sikh. The criminal began complaining that he was in pain and cried on camera, causing the tables to turn, and the store owner was placed under investigation. You are permitted to steal up to a certain amount in California; Newsom has ensured it by law. So technically this “criminal” is a law-abiding citizen in the state of California.

Self-defense in Biden’s America is now considered vigilantism. They are following the Cloward-Piven model and ensuring that chaos ensues across the nation. Then they will cry that we need gun control – so that these vigilantes who don’t want to be harmed by criminals cannot protect themselves and must rely on the police who are not permitted to protect them. Blue cities in this country are absolutely ruined and people need to consider this at the polls.

Poland & Niger


Armstrong Economics Blog/Uncategorized Re-Posted Aug 9, 2023 by Martin Armstrong

QUESTION: Mr. Armstrong, We met when you came to lecture here in Poland. Everything you warned about has unfolded right down to a dollar high in 2022, followed by a low in 2023. The majority now are against the government. We, too, fear that the election may be rigged later this year. Putting all these troops on the border with Ukraine, which includes 40,000 Americans, has raised grave concerns that our government will cross the border in hopes of getting Russia to attack our troops to justify NATO invoking Article V. Some are starting to wonder if our government needs to get Russia to attack us to suspend elections as Zelensky has done in Ukraine.

What do you see for Poland ahead?

Aleksy

ANSWER: Yes, it has been quite a while. Thank you for recommending Krakow. It was beautiful. Loved the architecture and vast square. I know the concerns there about the upcoming elections. We have a Panic Cycle in November. I am also aware of the idea of Polish troops crossing the border and taking the Western portion of Ukraine, which used to be their territory. Putin has warned about this, but the Western press calls it misinformation and Russian propaganda. Then you have Yevgeny Prigozhin in Belarus with his eyes on Poland. Your government is indeed pushing the envelope.

The risk remains that the greenback will rise into 2027, which seems to be more on the threat of war. You have Poland, Lithuania, and Estonia with severe concerns about Russia retaking the region. The Russian people are not really interested in that. Much of that propaganda has been spread by the ISW and NATO, which is desperate to remain relevant.

I think Zelensky’s days are numbered. If he is assassinated, it will be for what he has done to Ukraine. The social media in Ukraine shows funerals and images of the dead. The kill ratio is 5 Ukrainian soldiers to even one Russian and that comes from Ukraine – not Russia.

Ukraine is losing badly. That is my concern that the Polish/American Troops will cross the border begging for Russia to attack them so they can indeed invoke Article V. The share market is going to roll over. Closing below last week’s low should spark a correction, and the volatility should start next week.

Insofar as this election being rigged, I appreciate the concern. Poland will reach a critical turning point on October 26th, 2023, which is now 34 years from the overthrow of communism on June 4th, 1989. There should be a shift in politics; ideally, the present government should lose. That remains to be seen.

We seem to be begging to start another proxy war against Russia in the middle of Africa. There was a coup overthrowing the government, and you have people chanting chanting “Wagner” and raising Russian flags. The whole problem has been the Neocons and their private propaganda machine, the ISW, keep projecting that Russia is weak and they can take it down. Russia can manufacture all the weapons it needs, and it is one of the wealthiest countries on the planet regarding natural resources. These people are putting out fake news to encourage war, telling everyone the West can win.

This is more akin to the US Civil War, where the North had all the capacity to manufacture weapons, and the South had been primarily an agrarian society. The South needed money and supplies from Europe.

Secretary of State William Henry Seward (1801–1872) for the North was deeply concerned that no foreign nation would intervene in the conflict on behalf of the Confederacy. Russia came to Seward’s aid to protect the US from a European invasion. Russia sent its warships to protect New York City and San Francisco in 1863 against the British and French, who perhaps considered the American Civil War an opportunity to conquer the United States.

In contrast, the Confederate diplomats desperately attempted to convince the stronger European countries to come to their aid and intercede on their behalf. These diplomats were successful in helping to convince Great Britain and France, two European countries that had much at stake in the outcome of the American conflict, to legally confer belligerent status upon the Confederacy, which recognized it as a nation engaged in war. In other words, they recognized the South as independent. In contrast, today, the West refuses to grant that to the Donbas in Ukraine despite the Minsk Agreement and the fact that the people there are Russian, while Ukraine outlaws their language and their religion.

In fact, Abraham Lincoln drew his Emancipation Proclamation taking the actions of Tsar Alexander II (b: 1818; 1855–1881), who issued his own Emancipation Manifesto on March 3rd, 1861, emancipating 23 million Russian serfs. American abolitionists cheered his action and pushed for Lincoln to do the same, which he finally did on January 1st, 1863. Russians were actually shocked when the American states descended into armed conflict over the issue. In Russia, the serf owned nothing, and they were not happy. They embraced Marxism, and the first Russian Revolution followed in 1905, 43 years later (8.6/2).

Western Sanctions Not Impacting Russian Economy as Much as Expected


Posted originally on the CTH on August 9, 2023 | Sundance 

I have been researching the MACRO economic dynamic in Russia quite deeply for the past six months.  Essentially looking to discover not only what impact the western imposed sanctions might be having, but more broadly looking to see what happens to self-sustainability when essentially locked out from the world of commercial imports.

The research is fascinating, not simply because it is a unique opportunity, but also because national economic issues play a big role in the overall social dynamic.  That said, I can say the social aspect is stunningly more interesting than the data driven outcomes.  When you really dig deep into actual life of the ordinary people in Russia, far away from the geopolitical contexts, you get an entirely different perspective.  My worldview of the average Russian person/family has completely changed.

There is a really good thread on how the western sanctions against Russia are having a much lesser impact than initially thought [SEE HERE].  On the economic side, one thing I would point to is how the economy is essentially an outcome of two facets: (1) the internal production strength, and (2) the service side of the ledger.

[READ HERE]

The author makes the accurate point that from a production side perspective, Russia actually has a larger economy now than Germany, the largest EU nation.  The cause for this is “autarchy” or self-sufficiency.  Indeed, as the timeline of the sanctions closes in on the second year completing, the Russian production economy is even stronger than when the sanctions began.  Quite simply, they are making even more of their own goods now.

The sanctions hit what would typically fall into the service side of the economy, as well as financial and economic roadblocks.  However, that aspect of the Russian economy was much smaller than most suspected and there were sanctions going back to 2014 which made the outcome of the 2022 western imposed restrictions less impactful.

I will be finishing my review of the economic data once Q3 is over, that will give me an entire year of data to share.  However, the social stuff is even more fascinating.

I have a new understanding of why former NSA contractor Edward Snowden was so comfortable using Russia as the place to hide after his release of classified intelligence showing how the U.S. government was spying on Americans via social media and metadata collection.

I have mostly been looking at three areas in Western Russia.  Kazan, Moscow and St Petersburg (formerly Leningrad).  Of the three generally large metropolitan areas, St Petersburg is by far the most interesting.  It’s beautiful there and the city is alive and vibrant.

In many ways you might compare Russia in 2023 to the USA in/around 1988.  Life is just not complicated and far more socially engaged.

I’ll have more on this later, but if you are ever bored check out the Russian YouTubers who livestream broadcast “a day-in-the-life” type of activity.  The infrastructure is in generally good repair, the people seem warm and friendly and there is a strong social value placed on family and kids.

There are certainly negatives and the cultural dynamic of the former USSR is still evident.  Technologically they are somewhat behind in some details, but the overall cohesion of their value system is something I did not fully appreciate until I started down this road of research.

I can see why the average Russian could be wide-eyed during a visit to the USA and fascinated with the overall quality of life that might be considered indulgent.  However, I can also see how reciprocally the average American could be wide-eyed and smiling at the overall sense of the Russian people.

Strip out the politics, and we are all much more similar than we are different.

The Intercept Publishes Diplomatic Cable Highlighting U.S. Pressure on Pakistan to Remove President Imran Khan


Posted originally on the CTH on August 9, 2023 | Sundance 

What do Pakistan’s Imran Khan, Brazil’s Jair Bolsonaro, USA’s Donald Trump, Hungary’s Viktor Orban and Mexico’s Lopez-Obrador all have in common?

First, they are all strong nationalists. Second, the U.S. government has either influenced the removal and judicial incarceration or is currently seeking the removal and judicial incarceration of each of them.

As the U.S. State Dept. (Tony Blinken), USAID (Samantha Power) and CIA (Director Burns) conduct influence operations around the world to advance the interests of the multinationals; newly released diplomatic cables from inside Pakistan reveal the U.S. influence effort to remove former Pakistan President Imran Khan.

It sucks to wake up every day and accept the USA are the bad guys.

THE U.S. STATE DEPARTMENT encouraged the Pakistani government in a March 7, 2022, meeting to remove Imran Khan as prime minister over his neutrality on the Russian invasion of Ukraine, according to a classified Pakistani government document obtained by The Intercept.

The meeting, between the Pakistani ambassador to the United States and two State Department officials, has been the subject of intense scrutiny, controversy, and speculation in Pakistan over the past year and a half, as supporters of Khan and his military and civilian opponents jockeyed for power.

The political struggle escalated on August 5 when Khan was sentenced to three years in prison on corruption charges and taken into custody for the second time since his ouster. Khan’s defenders dismiss the charges as baseless. The sentence also blocks Khan, Pakistan’s most popular politician, from contesting elections expected in Pakistan later this year.

One month after the meeting with U.S. officials documented in the leaked Pakistani government document, a no-confidence vote was held in Parliament, leading to Khan’s removal from power. The vote is believed to have been organized with the backing of Pakistan’s powerful military. Since that time, Khan and his supporters have been engaged in a struggle with the military and its civilian allies, whom Khan claims engineered his removal from power at the request of the U.S.

The text of the Pakistani cable, produced from the meeting by the ambassador and transmitted to Pakistan, has not previously been published. The cable, known internally as a “cypher,” reveals both the carrots and the sticks that the State Department deployed in its push against Khan, promising warmer relations if Khan was removed, and isolation if he was not. (read more, including cable)

Gen X No Longer Saving for Retirement


Armstrong Economics Blog/Economics Re-Posted Aug 9, 2023 by Martin Armstrong

(click on the image above for a clear view)

A new survey by Clever Real Estate shows that 64% of Gen Xers have stopped saving for retirement. These are the people born between 1965 and 1980. Retirement has become a luxury, and people are working well into their golden years out of necessity. The cost of living is so high that the majority cannot afford to save for the future. Social Security will not be there to soften the blow, pensions are failing for those lucky enough to secure one, and we soon will have a nation of elderly individuals with no financial means. This is a great premise to usher in the Great Reset, where the government usurps all power, as people may have no other option.

According to the survey, 56% of respondents have less than $100,000 in savings, while 22% have absolutely nothing saved for retirement. Most (69%) would like to retire before the age of 65, but only 37% believe that is a possibility. In fact, 19% do not believe they will retire before 80, and 11% believe they will be working until the day they die.

The average 401K match from employers is at an all-time high of 4.7%, but people are still unable to stow away funds. Of those who never saved for retirement, 73% said they simply could not afford to save, while 30% said they were focused on paying off debt. Over half (52%) said they have over $10,000 in non-mortgage outstanding payments. Around 44% blame the poor economic conditions of the US for their dilemma.

Americans are falling deeper into debt and have no plans for financial management. Americans raked in a record $17.05 trillion in debt during Q1 of 2023 alone. Credit card debt is at an all-time high, and the cost of borrowing continues to rise. Public schools do not educate people on the importance of saving for retirement, and we are all paying into Social Security with no guarantee that it will be paid back to us. America is heading toward a retirement crisis.

European Companies Lost Over €100 Billion on Russia Amid War


Armstrong Economics Blog/World Trade Re-Posted Aug 8, 2023 by Martin Armstrong

The Financial Times estimates that European companies have lost at least €100 billion ($110 billion) since the Russia-Ukraine war began. Around 176 European companies noted significant losses in their fiscal year reports for 2022, and the future remains grim as tensions continue to grow.

Naturally, energy-related industries faced half of those losses, followed by banking, chemicals, industrial, and automotive. BP, TotalEnergies, and Shell lost 40.6 billion euros due to the war, but the spike in energy costs helped them to post favorable earnings reports. Numerous European companies cited “asset impairments, foreign exchange-related charges and other one-off expenses as a result of the sale, closure or reduction of Russian businesses.” Britain, Germany, and France reported the steepest losses, attributing to at least 20 billion of the 100 billion euros lost.

Half of the 1,871 European companies previously operating in Russia are still conducting full or limited business there, according to the Kyiv School of Economics. Russia has since required foreign companies fleeing Russia to pay a 10% exit fee and sell their assets to Russian companies at a 50% discount. It is nearly impossible for companies to operate in Russia due to high sanctions, logistics, and public pressure. Businesses that did not flee will be faced with massive charges from Moscow and are practically stuck between forfeiting their businesses or attempting to operate amid an escalating war.

Big Picture Interview of Martin Armstrong


Armstrong Economics Blog/Armstrong in the Media Re-Posted Aug 7, 2023 by Martin Armstrong

The following image is what the WEF and the Neocons have planed for us.

Planned Parenthood – Eugenics and Population Control Report


Armstrong Economics Blog/USA Current Events Re-Posted Aug 7, 2023 by Martin Armstrong

Planned Parenthood released its annual report for 2021-2022, congratulating themselves for the work they have done. Bans off our bodies – sure. I do not take the authoritarian route on any personal choice. But there is no mistaking the targeted eugenics program at the foundation of Planned Parenthood. They have been openly targeting Black and Brown babies since the beginning. Margaret Sanger, the founder of Planned Parenthood, who Hillary Clinton calls her idol, openly believed that minorities were unfit to have children. Sanger attended KKK rallies to promote abortions and gain funding. She endorsed the 1927 Buck v. Bell decision that allowed the US government to forcibly sterilize “unfit” mothers without consent, resulting in thousands of women losing their right to reproduce.

It could not be more obvious. Sanger began the “Negro Project” in 1939, where she hired Black nurses and doctors to eliminate fears of racism. She even recruited Black religious leaders. Sanger opened clinics in the South in predominately Black neighborhoods, and to this day, Planned Parenthood clinics are in predominately Black neighborhoods.

In 2022, Planned Parenthood ACTIVELY MARKETED its services to “reach new audiences,” predominately in the Black and Latino communities. Page 25 of their report discusses how they enrolled the help of Black, Latina, and non-binary creators to reach minorities and successfully received over 20 million views and 135,000 new followers. They specifically want minorities to walk through their doors. They make no mention of marketing to the White or Asian communities for a reason. This is not merely about abortion; it’s a eugenics program.

So in 2021, Planned Parenthood performed 374,155 abortions, amounting to 1,200 abortions per day. Only 1,803 women opted to put their babies up for adoption. The clinics saw fewer clients but performed more abortions, meaning the education piece is not a priority. They now offer the abortion pill through telemedicine as well. They are promoting gender transitioning services to reduce further the number of people who can reproduce, and even have a guideline on how to talk to your PRESCHOOLER about gender identity.

So sure, make your decision based on your own circumstances. The government need not tell us what to do on any level. That is between you, your doctor, and God. But this organization was never intended to empower women. From the beginning, their mission has been to rid the world of those deemed undesirable and unfit to live by the founders. Hence, the US government supplements 35% of its funding as reducing the global population is the goal.

Modern Analysis for the 21st Century


Armstrong Economics Blog/Reports and DVDs Re-Posted Aug 4, 2023 by Martin Armstrong

QUESTION: Hello Martin. I’ve been a long-time follower and one of the first subscribers to Socrates “Basic.” Your information is always valuable! I’d classify myself as a retired, middle class fellow, who has put away enough funds to be comfortable. But, I got very uncomfortable when you just posted “We cannot rule out the Biden Administration canceling the dollar before the 2024 election.” My fears for myself and my family are being caught offguard in investment, location, and security. I can’t afford going to your annual events; would you consider a large treatise or book on how to survive in the middle class?

LC

ANSWER: These are the next two books. The first, Modern Analysis for the 21st Century, dives into technical analysis and why fundamental analysis has been so wrong. I am trying to make an authoritative work that perhaps after I am dead will force academia to change the course of its methodology, particularly in economic analysis. The Geometry of Time will deal with cyclical analysis. I think we are all here for some purpose and then we get to leave. I hope this is what I leave behind.

United States Debt Downgraded to AA+


Armstrong Economics Blog/Economics Re-Posted Aug 4, 2023 by Martin Armstrong

Inflation was transitory. Now, the credit rating of the United States plummeting from AAA to AA+ by Fitch is “arbitrary,” according to Treasury Secretary Janet Yellen. “In Fitch’s view, there has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025,” the rating agency said in a statement. The last time an AA+ rating was issued was August 5, 2011, and the market took a hit.

In 2011, Standard & Poor cut its rating also after a debt ceiling crisis caused by politicians. The global markets felt the impact of that news. Fitch has been warning of a possible downgrade since May 2023, due to the massive debt burden and political mismanagement. The White House continued its spending spree and our politicians could not agree on a limit for the debt ceiling. The warnings were there.

It is concerning that Yellen is trying to stifle this news. “I strongly disagree with Fitch’s decision. The change announced today is arbitrary and based on outdated data,” Yellen insisted. Again, this is the same woman who insisted, along with Powell, that inflation was transitory and nothing to be concerned about. Yellen believes some of Fitch’s models do not accurately indicate the state of the US. Yell said “governance,” under Joe Biden, has improved due to mass infrastructure packages and investments in America that will make the country more competitive.

Yellen and others refuse to admit that the United States has deteriorated under the Biden Administration. “Governance” is one of the nation’s weakest points right now, but that would put blame on the current administration. The right and left are more polarized than ever and cannot agree on anything. The US government is heavily investing in one foreign government to fuel the proxy war while lining the pockets of “the big guy.” This administration has ruined America and there is no sugar coating what’s to come.