Posted originally on Dec 14, 2023 By Martin Armstrong
South Korea hosts one of the lowest birth rates in the modern world. The nation’s population began decreasing significantly in 2021. Statistics Korea reported that only 249,000 babies were born in 2022, marking a 4.4% decline from 2021. The birth rate needs to stay at 2.1 to maintain the current population of 52 million, however, the current birth rate is only 0.78. A look into the finances of South Korea’s youth makes it quite obvious why couples are not reproducing.
The 2022 Seoul Young Adult Panel Study found that 55.6% of the youth were in asset poverty, meaning they did not have the liquidity to cover their basic needs for three months. This figure spikes to 62.7% when accounting for those living alone. Young adults aged 19 to 24 have a personal income poverty rate of 73.4%, which accounts for an income beneath 50% of the average median. Of the 5,083 people under the age of 35 polled, 47.5% still live at home with their parents and 41.2% rely on parental financial support.
The same situation can be seen throughout the modern world. The youth cannot afford to support themselves let alone families. South Korea’s government has attempted to entice couples by offering prolonged maternity leave. President Yoon Suk-yeol is also offering 700,000 won per month ($540) to couples with children under one.
Unemployment among Korean youth is also a serious problem. Statistics Korea reported that nearly half (45.5%) of people aged 15 to 29 were unemployed for over a year. These teens and young adults went to school and worked for a successful future only for 44.3% of graduates to find themselves unemployed after university ended. It is no wonder that the Seoul Metropolitan Government and Seoul Institute reported that 34.7% of Seoul’s youth are suffering from depression. Young couples cannot afford to have families and the population crisis will continue throughout the modern world as the global economy turns down.
Posted originally on Dec 14, 2023 By Martin Armstrong
Government officials do not understand why Americans are disappointed with Bidenomics. Biden’s own team did not realize the term “Bidenomics” was intended to mock the president’s policies and they have adopted it as their own. “Bidenomics is about growing the economy from the middle out and the bottom up, not the top down,” Joe Biden posted on X, formerly Twitter, in July 2023. Americans’ personal financial situation has only deteriorated under Bidenomics and no one seems to understand why.
A November poll published by the Financial Times found that only 14% of Americans believe they are better off financially under Biden. Those people are likely on welfare. Around 70% of American voters feel Bidenomics hurt the economy or had no impact, with 33% saying they “hurt the economy a lot.” These numbers are staggering, as no president in recent history has managed to derail a stable economy so rapidly.
When asked why Bidenomics was not landing with Americans, Treasury Secretary Janet Yellen said she believes COVID is to blame. COVID has provided Biden with the only optimistic data figure in that unemployment naturally decreased once the economy reopened, but of course he is chalking it up to his policies. Sacrificing America’s energy independence for the Build Back Better agenda was Biden’s priority on day one in office. We have seen inflation rise every month of his presidency and experienced record-high inflation in June of last year. INFLATION WAS AT 1.4% WHEN JOE BIDEN TOOK OFFICE IN JANUARY 2021.
Now, I obviously do not blame the government for the issues at the Fed and their QE failures. However, the Fed has been attempting to tame inflation by raising rates and it simply is ineffective. Biden prided himself on implementing countless multi-trillion-dollar spending packages at a time when America is operating at its steepest deficit. Then Biden’s Administration managed to insert itself in numerous overseas conflicts. They also allowed million of illegals to invade America and paid them to do so. Inflation cannot decline amid war.
The majority of Americans have a drastically lower standard of living thanks to Bidenomics. Some estimates believe 63% of Americans now live paycheck to paycheck. Real disposable income has decreased 7.5% since January 2021, and credit card debt is up 36.2%. Monthly savings have plummeted 81.4% since Biden took office, and home affordability is down 37.3%.
It is an insult at this point for the current administration to gaslight Americans into thinking our situation is anything but dire.
Blue cities across the US are contemplating banning masks. A few years ago these cities would not allow people to enter public establishments without a mask. But now, after Soros-backed DAs blindfolded themselves to the drastic uptick in crime, cities such as Philadelphia, Atlanta, and New York are banning face masks to prevent criminals from evading police.
Balaclavas or ski masks have become a popular fashion accessory among urban youth. Far-left fashion publication Vogue even published an article in February 2023 entitled,“All the Cool Kids Are Wearing Balaclavas.” If someone walked into the bank with a ski mask on, it would have been considered a threat. Now, civil rights groups claim that these masks represent freedom of expression.
Executive Director of Violence Interrupters Tio Hardiman believes the normalization of facial masks has emboldened criminals. “If a person is not going skiing, they should not have on a full face ski mask,” Hardiman said. “Full face ski masks appear to give criminals an edge… It’s making the criminals emboldened. Almost like they’re invincible.”
Philadelphia is proposing a law that would impose a $250 fine on anyone wearing a face mask in public. “The Philadelphia Police Department can’t tell who’s a criminal and not a criminal, which makes it difficult for crimes to be solved in Philadelphia,” council member Anthony Phillips told CNN. Philadelphia Police Department Deputy Commissioner Francis Healy believes that the pandemic changed the public’s perceived risk. “There was a time not so long ago when any average police officer would see a person donning a mask before entering a convenience store or a bank and they would believe a robbery was about to occur,” Healy said. “However, the pandemic changed that mindset where people were actually more fearful of people without masks than with masks.”
Crime has risen drastically in every blue city since the pandemic. Those who claim banning masks is an infringement on human rights or even racist do not realize that facial coverings were regulated in the 1800s due to the Ku Klux Klan using white hoods to commit atrocious crimes undetected.
Posted originally on Dec 12, 2023 By Martin Armstrong
All of a sudden, there is now a MYSTERIOUS virus that is killing dogs for the first time EVER! Kennel Cough in dogs is a respiratory disease. The condition is considered to be highly contagious in dogs and produces a very dry cough. Generally, the condition makes it sound like your dog has something stuck in their throat. While Kennel Cough can be life-threatening in rare cases, in some cases, there is an annual vaccination available.
Veterinarians are sounding the alarm bell, reporting an increase in a highly contagious, increasingly fatal, mysterious dog illness. Nobody knows where this has come from, and many suspect it was another lab creation to eliminate our pets, which Bill Gates seems to have a problem with along with COWS. He is following in his father’s footsteps and desperately trying to reduce the population while pushing vaccines to prevent deaths/or cause deaths. He wants to kill all the COWS, so the next logical step is our pets. What’s after that? He is probably planning to have governments license people to have children with his Gates’ FUNDED microchips he wants to implant in women that can be remotely turned on and off the ability to even have children.
Gates is behind the WHO and the United States in moving toward a one-world government with dictatorial power that eliminates any right of the people to vote on anything. He is already pushing for absolutely everyone on the planet to have a digital ID. Obviously, none of these globalists believe in anything but their own power and seek to expand that to control our daily lives no different than Marx, Lenin, Stalin, and Mao Zedong.
Still, the disease killing our dogs has never before appeared. This mysterious disease is sweeping the United States and has experts baffled. Researchers continue to search for answers using samples from infected dogs while vets are guiding pet owners in the hopes of further preventing the spread of the virus. Believe it or not, to justify flying around in their private jets, they are actually telling us, “Having pets can be just as polluting as traveling by private jet.”
Gee! I have two dogs, so I guess that’s the equivalent of a private jet and a helicopter. Well, they did not cost me millions. So, I suggest John Kerry get a dog and give up his private sets.
In Gates’ 2021 book, “How to Avoid a Climate Disaster,” Gates wrote that effectively combating climate change will take people being willing to commit to his new ideas, like switching to electric cars, where demand has collapsed, and eating synthetic meats or, like his buddy, Klaus Schwab, eat zee bugs. I am still waiting for a White House dinner with fake meat and bugs as the main course. I would love to see our Climate Czar, John Kerry, gulp down a plate of fresh live bugs.
The timing of the mysterious new disease and the fact that nobody can figure out even where it came from, like a Wuhan Lab, since this is a non-human virus, could be some private lab funded by sinister people. This is like COVID-19, which is also a respiratory illness. The Kennel Cough is known as canine infectious respiratory disease (CIRD). The entire COVID-19 was GAIN OF FUNCTION research, taking bat viruses and mutating them so they infect humans. Playing around and mutating Kennel Coughto to make it suddenly more lethal to kill off our pet population cannot be ruled out, just like Gates releasing countless mosquitoes to eliminate malaria. Suddenly, there is an outbreak of malaria that has not been in the United States for many decades.
Forgive me if this does seem to be premeditated, like COVID-19, by some very deep and seriously disturbed, egotistical, depraved people no different than Hitler, who also thought of reducing the world population to create the perfect race. I know for a fact I had info BEFORE January 2020 that a “virus was coming,” proving to me it was created in a lab. This better not be the same shit. I am getting tired of these creeps who use climate to justify depopulation agendas, like the release of billions of mosquitos to prevent malaria, which had not been around for decades and magically appeared. When is someone in the DOJ going to investigate these people? Only when their own children die and magically are discovered to be infertile?
Posted originally on Dec 12, 2023 By Martin Armstrong
Deputy Prime Minister Oliver Dowden has urged Britons to stockpile batteries, candles, torches, and radios to prepare for a possible cyber attack or power grid failure. Dowden claims that the public has become too dependent on electronics and must learn to survive without electricity. The government plans to launch a “resilience academy” to train individuals and businesses to prepare for such disasters.
Russia pushed Ukraine off the grid earlier in the war and blocked their access to the internet (war crime according to the MSM) and Israel did the same to Palestine (not a war crime according to the MSM). We have seen hackers from Iran break into US infrastructure such as waterways, as the enemy need not be your direct neighbor. The risk of cyber warfare that attacks a nation’s infrastructure is no longer a conspiracy theory but an event the public must prepare to combat.
We have also recently seen governments block their own people from the internet or implement temporary power outages to preserve their failing grids. It is concerning that some politicians are saying that we must prepare for natural disasters that could have the same impact. Labour frontbencher Pat McFadden used the topic to discuss energy usage among the “public estate.” “Why is it that the government’s new policy is to roll back on the transition mandated by its own legislation for net zero, and prolong a reliance on international fossil fuel markets? For these failures, the British public has paid a heavy price,” he commented.
Interestingly, they are still pushing for a cashless society despite these risks. Britons have been warned that there is a good chance something will occur that knocks them off the grid. The fact that they’re even suggesting battery-powered radios means they believe there is a chance that the grid could be down for an extended period of time and all communications will come to a standstill. The government would not be warning the people to stockpile CANDLES if they didn’t know of a serious threat lurking around the corner.
Posted originally on Dec 11, 2023 By Martin Armstrong
According to a recent Federal Reserve report, US household wealth experienced a significant decline in the third quarter, largely attributed to deep stock losses. The central bank’s report revealed that household net worth fell by approximately $1.3 trillion, or 0.9%, from July to September, amounting to $151 trillion. The decline was primarily driven by a $1.7 trillion drop in the value of equity holdings.
This comes after a volatile year for the stock market, with all three major indexes experiencing a significant downturn in mid-2023. While the market has since recovered, the report also indicated a continued rise in household debt, which increased at a 2.5% annual rate in the third quarter. The decline in household wealth has raised concerns about its potential impact on consumer spending, borrowing, and investing, as well as its implications for the broader economy.
Americans living off credit began pulling from their 401K accounts early during Q3. Hardship withdrawals rose 13% in the beginning of June after already being 27% higher than January. Hardship withdrawals allow employees to pull money out of their 401K for an “immediate and heavy financial need.” No one would recommend doing this unless the situation was dire as individuals must show evidence that the money will be used for a major hardship in order to avoid the 10% early withdrawal fee imposed for those under 59.5.
The year 2023 marked the first time personal credit debt surpassed $1 trillion. Credit card interest rates average 24.56%, according to LendingTree. Credit cards aside, American households are carrying $17.29 trillion in various forms of debt, with the average household hosting $103,358 in debt that continues to compound.
Posted originally on Dec 11, 2023 By Martin Armstrong
Onions are the latest food staple facing extensive export restrictions in an effort to control domestic prices ahead of India’s 2024 national election. The Indian government has banned the export of onions until March 31, following similar measures for wheat and rice. These actions aim to boost domestic food supply and shield consumers from rising costs.
The nation is also restricting the usage of sugar cane juice in biofuel production to grow its reserves. The nation has also curbed wheat and rice exports in recent years and imposed significant duties. The restrictions have led to concerns about food inflation, prompting the government to take steps to stabilize the food supply.
The current food inflation rate in India is 6.61% as of October 2023, according to the Ministry of Statistics and Programme Implementation. This marks a slight decrease from the previous month’s rate of 6.62%. The cost of food in India increased by 6.61% in October 2023 compared to the same month in the previous year. The inflation rate for food in India is expected to be 5.90% by the end of the current quarter, but the government is preparing for higher food prices GLOBALLY.
As for the central bank, the Reserve Bank of India’s decision to leave its key policy rate unchanged has raised worries about higher food prices. The average retail prices of onions, rice, sugar, and tomatoes in India have seen noteworthy increases compared to the previous year.
Posted originally on Dec 10, 2023 By Martin Armstrong
This morning soup kitchen in Milan. These people are guilty, they are Italians and Europeans. If they were illegal immigrants they would stay in houses/hotels with food, Wi-Fi and pocket money paid for with our taxes. This is the reality, don't be afraid to say it and write it. pic.twitter.com/VcLkqtxSRB
Posted originally on Dec 9, 2023 By Martin Armstrong
French farmers throw manure on government buildings to protest high taxes in agricultural sector. This is an effective protest. pic.twitter.com/0h59TPvPGo
Of course, if the American farmer did that in Washington, they would be called domestic terrorists or insurrectionists and either shot and killed on the spot or imprisoned for 10 years since taking a selfie in the capital building was a 5-year offense. The Constitution has been reinterpreted to the land of the free really means the government is FREE to do whatever it wants to us – the scum at the bottom of the pond – the Great Unwashed.
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