Posted originally on Feb 9, 2024 By Martin Armstrong
Based on data from the US Commerce Department, China is no longer America’s top supplier of goods. Imported goods from Mexico rose by around 5% from 2022 to 2023, totaling over $475 billion. Mexico has not surpassed China in exports to the US since 2002, marking a drastic shift in overall trade as tensions continue to rise between the US and China.
Chinese imports tanked by 20% over a one-year period to $427 billion. Some may point to the US-Mexico-Canada Trade Agreement that permits duty-free trade between the three nations, while others are citing the supply chain disruptions post-COVID that caused many companies to seek closer manufacturers. The real issue here is that the US and China are barely able to maintain diplomatic ties due to Taiwan.
America claims to respect the One China policy but has repeatedly stated it would not hesitate to go to war with China in the event of an invasion. The US has begun arming Taiwan and routinely conducts military drills in the Straight. China began offloading US debt not long ago as it would be utterly foolish to purchase debt from a nation that has no intention of paying it back. It would be akin to pulling a gun on someone and asking for money to pull the trigger.
We are looking at SELECTIVE DEFAULTS on sovereign debt as governments will simply stop repaying anyone who opposes them. World trade has transformed due to this major crisis, so rest assured that this was not a one-year hiccup as both nations seek to lessen their reliance on one another. War tends to support the dollar and the first two world wars are what made the dollar the reserve currency. War is completely and utterly inevitable due to the debt crisis as there is no way out.
Posted originally on Feb 8, 2024 By Martin Armstrong
There is rising speculation over whether prosecutors in Donald Trump’s classified documents case, Jack Smith, will attempt to have presiding Judge Aileen Cannon recused (removed) from the trial after she granted the defense access to certain unredacted classified papers. Smith wants to deny Trump any knowledge of who will testify against him. This is typical of an unethical prosecutor who manipulates judges and courts to ensure they always win and keep the highest conviction rate in the world, along with the 500% greater chance you will go to prison in the USA rather than China.
In my case, after Republic National Bank pled guilty with a deal to return all the money they stole and make all my clients whole with the promise nobody in the bank would ever go to prison, as always in New York, I filed a motion before Judge McKenna which was to compel the government to explain what were the charges since in a reverse proffer session they finally admitted I stole no money. I represented myself because they had taken my lawyers away with another parallel civil court. I filed this motion to compel the government to explain just the theory of the case. They argued this was a pro se brief, and the court could not expect them to answer because I did not know the law to defend myself. I then moved to dismiss the case since if I did not know the law to defend myself; then I could not have knowingly violated the law. Judge McKenna smiled and asked the government if they would not answer my motion now.
Since they had no answer, they went to the Chief Judge, had my case removed from Judge McKenna, and reassigned it to Judge Keenan, who instantly denied that motion. This is how these prosecutors act. The Constitution, law, due process, nothing matters to them. They MUST retain their perfect conviction rate. Jack Smith is now widely expected to pull the same maneuver. We will see if the Florida Federal Court is as corrupt as New York. Just for the record, they should have made a motion to recuse before Judge McKenna, to which I should have had the due process right to object. That was denied by the back-room deal with the Chief Judge, and then, as you can see, they sealed the records, so I cannot even see how they removed the judge.
Judge Keenan, a former prosecutor, should also have had a hearing to allow me to object to this back-room deal – he did not. The bankers told the government I had to be shut down because they were losing money in their manipulations. I had forecast that Russia would collapse in June 1998 within about 30 days. That was the collapse of the Long-Term Capital Management.
Even Edmond Safra, the owner of Republic National Bank, lost over $1 billion, so I believe he stole the funds from me and told the government he had no idea where the money was. All you had to do was go down the list of all the big players who lost billions, for they assumed if they ganged up together, they could manipulate the world. Just look at who had all loses on the same trade, and that is the evidence that they are “the club,” as I call it; they do not compete against each other but join together. If they were manufacturing cars, they would be charged under the Sherman Anti-Trust Act statutes and broken up like AT&T, etc.
When I asked a NY Lawyer why bankers are never charged? He said: “You don’t shit where you eat.“The prosecutors were so bought that no rational person would ever believe $1 billion left a bank, and they had no idea where it was. There would be a wire transfer, a check written – something! There was nothing. They could not be that stupid. This was all about shutting down my First Amendment rights and stopping the forecasting.
It became obvious when Judge Keenan dared to publicly claim I stole the idea for the ECM from the 1998 Movie Pi. They could care less about even facts when they alleged I was dealing in Japan back in 1992. I suppose I used a time machine as well. It was the forecasting they were desperately trying to discredit at all costs to support the bankers manipulating the markets and blowing up the world economy every time.
The Southern District of NY court is beyond all hope – it’s too corrupt. Judges commit felonies all the time, and they alter the transcripts, changing the very words spoken in court. The Second Circuit Court of Appeals dared to claim they lacked the power to order judges to obey the law – see US v ZICHETTELLO id/97. I argued since time means nothing and they can change the words spoken in court, they might as well say I confessed to killing JFK while they were at it and just order the death penalty since trials are a nuisance anyway. Stalin executed Kondratieff because he said there was a cycle and communism would collapse as well. He was taken from court when they ran out of reasons to imprison him and just shot him in the parking lot.
Trump does not stand a chance of winning in New York City. I have never seen the courts there EVER provide a fair trial to anyone! There is a higher probability that it will snow in Hell before Trump ever gets a fair trial in New York City. We are NOW about to see if the Florida courts are as corrupt as New York. Jack Smith will try a backroom deal and say the President needs this. Tuesday, Judge Cannon ruled in favor of Trump, stating the filing from Jack Smith:
“fails to identify the information at issue, provide any explanation about the nature of the investigation, or explain how disclosure of the code name would prejudice or jeopardize the integrity of the separate investigation (assuming it remains ongoing).“
With each passing day, this corruption is becoming so bad that the only solution becomes separation of the United States, particularly in light of the Biden Administration seeking a total dictatorship over Texas, tearing up the constitution and nullifying all State’s rights, which the Founding Fathers swore that day would NEVER come – see Federalist #46.
Without the Rule of Law – Civilization Cannot Exist.
The worst kid you ever knew in high school becomes a prosecutor.
Posted originally on the CTH on February 6, 2024 | Sundance
I’m not sure what provoked Tucker Carlson to actually follow through on this plan; I know he was deeply worried about being arrested in Russia. However, Carlson did something every U.S. journalist should do, even though they are forbidden by the State Dept from doing it.
The reason the U.S. Government doesn’t want people traveling into Russia, is specifically because people will tell the experience of their time in Russia, and that will run completely counter to the acceptable narrative. Tucker Carlson took the chance, and the intelligence apparatus is likely going bananas. WATCH:
If we lived in a world governed by grown-ups, this interview would not be even slightly controversial. Unfortunately, we live in a world choreographed by the U.S. intelligence apparatus to provide us only one skewed version of global reality. When it comes to Russia, nothing… not a single thing…. is in alignment with what Western media proclaim is the reality.
Posted originally on Feb 6, 2024 By Martin Armstrong
Tucker is correct. The world has a right to listen to BOTH sides and decide. Propaganda is when one side hides the comment of an opponent. I have read Marx and Hitler. You have to read even someone you disagree with to understand the thinking process of how they have arrived at their conclusions. It is imperative to listen to both sides to understand what is really at stake and how we are about ready to unleash World War III, which will end up nuclear.
Posted originally on Feb 7, 2024 By Martin Armstrong
Fast food establishments originated as the cheap, quick alternative to a proper meal. Value customers earning under $45,000 annually were the target demographic until recently when inflationary pressures caused food prices to skyrocket. Minimum wage requirements, wage increases, and price gauging have all contributed to the rising costs and a drastic shift in the customer base. Fast food establishments are admitting that they are losing their value customer base amid record profits.
McDonald’s most recent earnings report surpasses EPS estimates by $0.12, with the stock rising over 11% in the past three months and 10.92% in the past year. The company admitted during its last earnings call that they are losing value customers as it is simply cheaper for consumers to cook at home. CEO Chris J. Kempczinski stated last year that the chain restaurant is now targeting middle- and higher-income consumers who, in turn, can no longer afford the higher-end establishments. “It’s clear that consumers continue to be more discriminating about what and where they spend,” he stated after the Q3 earnings announcement.
McDonald’s announced that prices are expected to rise 10% at a time when food prices are up 6.2%. CEO Kempczinski called this an opportunity for fast food to target new customers while providing bundled deals and smaller serving sizes to retain value customers, who are no longer needed as the main consumer base. The price of menu items varies by state, and a Big Mac combo could cost up to $18 in some areas.
The Economist established theBig Mac index in 1986 to establish a somewhat humorous gauge to determine purchasing power between nations. According to data from January 2024, Switzerland hosts the most expensive Big Macs in the world at around 8.17, compared to 5.87 in the EU and 5.69 in the US. Again, this is not meant to be a real gauge of PPP but an interesting comparison between nations.
Every fast food establishment, from Wendy’s, IHOP, Burger King, Chipotle, etc., is raising prices amid inflation, increased taxation, and minimum wage hikes. Yet the majority of establishments are posting record earnings each quarter and profiting big time on the middle class. Consumers are simply accepting high prices as the new norm and cannot differentiate price gouging from necessary increases due to inflation. The convenience of a meal on the go is now a luxury that the people who are preparing the food can no longer afford.
Posted originally on the CTH on February 1, 2024 | Sundance
The only reason this story gained traction was because CCTV video was involved. With tens of millions of violent illegal aliens throughout the country, just imagine how much crime is occurring without detection or without widespread public knowledge.
In New York City, five illegal aliens acting as a pack of wild dogs were caught-on-camera attacking two NYPD cops in Times Square. They were tracked down and arrested. However, after appearing in court, they immediately received bail.
As noted by the NY Post, “Footage of the incident on West 42nd Street shows an NYPD officer and lieutenant telling a group of migrants to move along before a scuffle breaks out. The officers sustained kicks and punches as they attempted to wrestle some of the individuals to the ground.”
In an update, after receiving bail the five assault criminals have now hopped a charity bus heading to California to avoid prosecution.
NEW YORK – Four of the migrants cut loose without bail after allegedly ganging up on two NYPD cops near Times Square may be on the run, The Post has learned.
Cops believe the group hopped on a bus bound for California on Wednesday after giving phony names to a church-affiliated nonprofit group that helps migrants get rides out of the city, according to law enforcement sources.
Four migrants were charged with assault on a police officer and obstruction immediately after the shocking, caught-on-video attack Saturday in Midtown: Darwin Andres Gomez, 19, Kelvin Servita Arocha, 19, Wilson Juarez, 21, and Yorman Reveron, 24.
All were released without monetary bail, though Reveron, who had prior arrests on his rap sheet, was put on supervised release. A fifth asylum-seeking suspect, Jhoan Boada, 22, was hit with the same charges and also released without bail Wednesday. (read more)
We know it is only going to get worse. Almost none of these released illegal aliens have an independent financial support system. Considering the cultural norms and outlooks held by the mostly young adult males, as the reality of their situation hardens, we can expect extreme antisocial behavior to manifest throughout the country.
To gain a perspective on how quickly this is happening, head to your local indoor shopping mall. Sit on a bench as an observer, maintain full situational awareness and look around. You’ll see it just as clear as you are reading this type. The “slowly at first” is currently metastasizing and spreading throughout most population centers.
Be aware of your surroundings, and if you have young vulnerable females in the family – be extremely diligent with their safety.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America