Tag Archives: Depression

Oct 4 2023

A Strong Possibility Twitter Will IPO and Go Public Again, Here’s Why


Posted originally on the CTH on October 3, 2023 | Sundance 

I wasn’t going to write about this, but so many requests and contacts have come in, and considering that my background conversations with people are leading to actionable positioning, that I feel it is only fair to share publicly what I am analyzing privately.

The predicate for all assumptions is several fold: {Go Deep One} and {Go Deep Two}. Most of the financial groundwork for analysis already exists. In summary, Elon paid $44 billion for the platform. Current valuations are around $15 billion.  Current debt service is $1.5 billion/yr (roughly $100m/mo).  Current expenses include $100m/yr AWS, $100m/yr Goog cloud (both contracts), +payroll and misc.

Approximately 9 months ago, Musk had $1 billion in cash reserve for Twitter.  The burn rate deficit was roughly $100m/month. That put timeline estimates for an inflection point on/around October 2023.  It is now October 2023.

Approximately a week ago, Twitter CEO Linda Yaccarino made a bold statement.  Yaccarino stated that from her review of the current status, Twitter would start to turn a profit in the first quarter of 2024 {link}.  However, with $100 million per month in debt service alone, this statement seemed too far of a stretch.  At pre-musk levels of revenue, maybe; but that $1.5 billion debt service is a heavy nut to carry.

Timing – Remember, it’s October.  Last Friday, the Securities and Exchange Commission (SEC) gave special regulatory approval to Bill Ackman’s firm, Pershing Square (hedge fund), for a new investment vessel called SPARC, whose purpose is to invest in private companies in order to take them public.  As noted by CNBC, “In a SPARC, investors will know what company the financing vehicle would be used to merge with before they have to pledge their investments.”  The financial mechanism avoids some of the issues with typical IPO’s.

•It’s October, inflection time.  •Yaccarino says a strategy is underway for profitability in Q1 2024.  •Ackman gets SPARC approval, and then suddenly:

[…] “The answer is I have a lot of respect for Musk. I think Twitter is a really important platform,” Ackman told CNBC. “I think he’s made tremendous improvements to the platform, and I think it’s a unique, very difficult-to-disrupt, kind of asset and one that could grow.” 

[…] Though Musk hasn’t expressed any interest in working with Ackman to take X public, and despite the $13 billion in debt tacked to the company, Ackman has worked out a loose plan to make it happen, if Musk were interested. 

“What’s interesting here is we could commit $2 billion to a transaction, set the rights price to $121 million, set it at $100 a share and announce a transaction,” he said. 

“And then we tell the story and then the rights holders have a chance to decide whether to invest. As long as the rights have positive value, they’re all going to get exercised, and the IPO raises $13 billion.” (read more)

The heavy nut disappears.

Investors roll the debt into discounted shares of stock.  If Ackman can generate a $17-$20 billion outcome for Twitter, Musk nets $5b and retains 20-25% of shares.  Yaccarino gets well compensated.  It’s a win/win/win.

Critics would say the IPO would mean Musk compromising on the free speech commitment.  However, in reality Musk has already reinstalled many of the control mechanisms of the previous “safety council,” along with the “freedom of speech, not freedom of reach” outlook.  Musk and Yaccarino have also partnered with the Global Disinformation Index.

The compromises are already baked into the platform, and seemingly have been since Yaccarino became CEO.  The 2024 election is next year, and influence is a lucrative business.

Oct 3 2023

Transnational Gangs – America is Under Attack


Armstrong Economics Blog/Corruption Re-Posted Oct 3, 2023 by Martin Armstrong

America has been invaded; no one is safe. The media has stifled reports that groups of migrants are targeting upscale residents and burglarizing homes. Biden provided these people with entry under the Visa Waiver Program. These people are trained and committing these crimes on behalf of their respective gangs. Oakland County Sheriff Michael Bouchard is one of many sounding the alarm over these “transnational gangs.”

“They typically hit homes from 5 to 9 p.m., they seem to want houses where nobody’s home, and they usually come in through windows in the back,” the sheriff explained. “They do a lot of surveillance, we believe, before they commit a crime,” Bouchard continued. “Usually, it’s two or three people working together, with one of them stationed outside as a driver.” Bouchard said they are targeting individuals rather than communities, and watching their whereabouts before attacking. “They don’t recognize jurisdictions or borders of a country, a state or a county,” he confirmed.

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As if our tax dollars were not enough. The majority of people illegally entering America do not have good intentions. US Immigration and Customs Enforcement has also recognized these transnational gangs spreading the nation. “Gangs strike fear into our local neighborhoods, commit violent crimes against our citizens and facilitate criminal activity such as narcotics and firearms trafficking, sex trafficking, human smuggling and trafficking, and corruption,” the agency states on its website.

The enemy is within and the current administration deliberately invited them. Only the politicians in tune with the plans for the Great Reset understand why these illegal aliens are coming in droves. Hence why even Democrats are begging for border security now and wondering why nothing is being done. What will these people do when America is weakened after a government shutdown? The government can no longer be trusted to protect the people. Communities must ban together and protect one another from the enemy within.

Oct 3 2023

Deputy Prime Minister Chrystia Freeland is on the WEF Board of Trustees


Armstrong Economics Blog/Great Reset RE-Posted Oct 3, 2023 by Martin Armstrong

Deputy Prime Minister Chrystia Freeland is officially a member of the World Economic Forum’s Board of Trustees. Klaus Schwab meant it when he said he had infiltrated cabinets across the globe. They are not even trying to hide the corruption. When I mention that Canada is on track for the Great Reset, I am not discussing a conspiracy theory. People want to deny the uncomfortable truth that Canada has been sold off to the globalists.

Before she was brought under Schwab’s wing, she wrote a book in 2012 entitled: “Plutocrats: The Rise of the New Global Super Rich and the Fall of Everyone Else.” The plutocrats are the globalists elites who control the masses. “Some farsighted plutocrats try to use their money not merely to buy public office for themselves but to redirect the reigning ideology of a nation, a region or even the world,” Freeland wrote. Now she stands on the stage at Davos and conspires with the other plutocrats, and has quickly moved up in the ranks to become a sitting board member. She knew of the power this group had long before she was invited to be in the club.

Freeland herself refuses to admit that this is a serious conflict of interest. Yet, she, more so than Trudeau, is deep within the World Economic Forum as a decision-maker. Hence, Freeland has become a warmonger hellbent on providing Ukraine with endless funds for an endless war. She wants to achieve all of the net zero emission goals by siphoning money from Canadians. She spoke on how housing is a major global crisis but has done nothing to help Canada’s growing homeless population and has worsened matters by inviting half a million people to come to Canada. Canadians should pay close attention to the WEF’s agenda as their leaders will follow it precisely.

Oct 3 2023

Trudeau Expands Ministry of Truth


Armstrong Economics Blog/International News Re-Posted Oct 3, 2023 by Martin Armstrong

The elites do not want the people openly discussing ideas. They are threatened by original thoughts and want to limit our available information for their protection. Banning together would be a threat to government, and they cannot allow the masses to know what is going on behind the scenes. PM Justin Trudeau has banned all free speech. He censored the news that could be shared on social media, and now he is cracking down on podcasts and livestreams.

https://platform.twitter.com/embed/Tweet.html?dnt=true&embedId=twitter-widget-0&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1708481721170104824&lang=en&origin=https%3A%2F%2Fwww.armstrongeconomics.com%2Finternational-news%2Ftrudeau-expands-ministry-of-truth%2F&sessionId=2bab8689b80365e4925589227111e11a0e71594e&theme=light&widgetsVersion=aaf4084522e3a%3A1674595607486&width=500px

Podcasts have exploded in popularity in recent years. People like Joe Rogan attract millions of monthly listeners, and he freely and openly discusses theories, conspiracies, government ploys, and any other topic of interest. The Canadian Radio-Television and Telecommunications Commission (CRTC) will now regulate, or “modernize,” in their words, podcasts. “We are developing a modern broadcasting framework that can adapt to changing circumstances. To do that, we need broad engagement and robust public records. We appreciate the significant participation during this first phase and look forward to hearing a diversity of perspectives at our contributions proceeding in November,” stated Vicky Eatrides, Chairperson and Chief Executive Officer, CRTC.

They will begin by targeting the most popular podcasts first. Anyone earning over $10 million through online streaming must register with the CRTC by November 28, 2023. Then, the content creator must provide the agency “with information related to their content and subscribership.” The Canadian government wants to know who is listening to these perceived anti-government networks and track these dangerous characters.

The CRTC is holding a three-week (yes almost a month) proceeding to determine how they can support Canadian and Indigenous content on streaming platforms. Even their lie of wanting to promote Canadian content was poorly executed. This is Trudeau’s Ministry of Truth. He is silencing all opposition and preventing the public from sharing ideas. This will be more important than ever as we move toward 2032.

Oct 3 2023

Canadian Radio and Telecommunications Commission Requires Podcasters and Platform Providers to Register With Government – “Meaningful Content” Will Be Monitored


Posted originally on the CTH on October 2, 2023 | Sundance

Comrades, all your speech are belong to us…

In order to control information that may be averse to the regime in charge, various totalitarian government operations require registration.  The registration process generates a permit that can then be leveraged against any operation that doesn’t conform to the regime fiats.

A few days ago, the North American hub of speech and information control known as Canada, announced that all internet hosting platforms that give voice to podcasters must register with the government.

Additionally, it appears that any podcast who wishes to provide information must also register.  The users and viewers do not need to register, only those providing the content.

Gee, I wonder who the core target is here?

CANADA – Today, the CRTC is advancing its regulatory plan to modernize Canada’s broadcasting framework and ensure online streaming services make meaningful contributions to Canadian and Indigenous content.

On May 12, 2023, the CRTC launched its first public consultations. After thoroughly examining all the evidence on the public record, including over 200 interventions, the CRTC is issuing its first two decisions.

First, the CRTC is setting out which online streaming services need to provide information about their activities in Canada. Online streaming services that operate in Canada, offer broadcasting content, and earn $10 million or more in annual revenues will need to complete a registration form by November 28, 2023. Registration collects basic information, is only required once and can be completed in just a few steps.

Second, the CRTC is setting conditions for online streaming services to operate in Canada. These conditions take effect today and require certain online streaming services to provide the CRTC with information related to their content and subscribership. The decision also requires those services to make content available in a way that is not tied to a specific mobile or Internet service.

A third consultation is ongoing. It considers contributions traditional broadcasters and online streaming services will need to make to support Canadian and Indigenous content. The CRTC will hold a three-week public proceeding starting on November 20, 2023, and will hear from 129 intervenors representing a broad range of interests. (read more)

Note…. Rumble streaming and Video Platform is a Canadian company.

Coincidence?

{Background Here}

Oct 2 2023

Canada to be Short 3.45 Million Homes by 2030


Armstrong Economics Blog/Real Estate Re-Posted Oct 2, 2023 by Martin Armstrong

The demand for housing in Canada drastically outweighs the supply. The Canada Mortgage and Housing Corporation (CMHC) has confirmed that fewer new builds are expected for 2024. In fact, the agency anticipates that Canada will be short by 3.45 million homes by 2030 – right on time. Better yet, the gap is certain to widen if/when Canada expands its immigration policies.

The CMHC expected Canada to build 18.58 million new dwellings by 2030 but recently revised that estimate down to 18.19 million. Ontario has the largest current supply gap with a deficit of 1.46 million homes. Nova Scotia, Quebec, B.C., and Alberta experienced a notable decrease in supply compared to last year’s projections. Despite Canadians having nowhere to call home, Trudeau plans to open the border to 500,000 immigrants by 2025.

“This report again highlights the crucial role of increasing housing supply if the goal is to make housing affordable for everyone in Canada. It also demonstrates the importance of examining both economic and demographic variables given the recent changes that have been experienced in both,” Aled ab Iorwerth, deputy chief economist at CMHC, said in the report. The CMHC also admitted that the supply gap will widen if immigration persists.

Therefore, expect Trudeau to extend his current immigration policies. This is precisely what is needed for the government to take over and create 15-minute cities to solve the crisis they created. It is all spelled out on the United Nations website. As you can see in the video below, people want to do the right thing by housing the homeless, but that is not financially possible and avoids the core issue. When there are encampments throughout the nation, the people will be less reluctant to deny government assistance. Government assistance equates to using tax dollars to subsidize housing for others, which will make it increasingly hard for those barely getting by. In comes 15-minute cities with free transportation and that affordable housing everyone has wished to see, yet it will only be affordable because you will be renting from the elite indefinitely. You will own NOTHING.

Oct 1 2023

Be Happy – From Klaus


Oct 1 2023

Putin Interview 2020 Prewar


Armstrong Economics Blog/Russia Re-Posted Oct 1, 2023 by Martin Armstrong

Zelensky insisted, thanks to Victoria Nulan, that the Minsk Agreement had to be terminated to Justify his conquest of Russia.

This is why I warned Zelensky was the man who history will remember as the next Hitler for World War III

Oct 1 2023

British Defense Secretary States They Are Putting Military Troops into Ukraine


Posted originally on the CTH on September 30, 2023 | Sundance 

First the backdrop.  Let us not pretend a confluence of events do not all go in one direction.

U.S. troops are conducting military exercises in eastern Moldova {link}.  The CIA and State Department are the operational mechanism for all Ukraine military operations, and in total control of the Ukraine government {link}.  American contracted mercenary troops operating in Ukraine are being treated at U.S. military hospitals in Germany {link}.  U.S. military operations are flying drone missions above Ukraine, and U.S. satellites are coordinating the battlespace.  Additionally, the U.S. is sending Abrams tanks, F-16 fighter jets along with support and training teams, and long-range missile launching systems into Ukraine. {link}

For all intents and purposes, the U.S driven NATO military forces are already actively engaged in Ukraine.

Simultaneously, the Dept of Defense {link} and CIA {link} have announced the deployment of advanced artificial intelligence operations for U.S. internet systems. That creation aligns with the Dept of Homeland Security organizing “homeland intelligence experts” {link} to control and monitor public information and shape U.S. public opinion.  All of this is happening under the guise of national security.  We have the COVID-19 backdrop to identify the public-private partnership approach to controlling information.  This same process can easily be deployed to cover Ukraine sensitive content.

There’s your backdrop with citations.  Now, given all of that, doesn’t the alignment of the demonstrable datapoints all flow in one unilateral direction?

The British are now saying the quiet part publicly and out loud:

The Telegraph – In an interview with The Telegraph, [Defense Secretary] Grant Shapps said that he had held talks with Army leaders about moving “more training and production” of military equipment into Ukraine. He also called on more British defence firms to set up factories in Ukraine.

Following a trip to Kyiv last week, Mr Shapps also reveals that he has talked to Volodymyr Zelensky, the Ukrainian president, about how Britain’s Navy could play a role in defending commercial vessels from Russian attacks in the Black Sea.

Both moves would mark a significant escalation in the UK’s involvement in defending Ukraine against Vladimir Putin’s onslaught. Speaking in his first newspaper interview as Defence Secretary. (read more) 

They are determined to take us to war.

Last point, as you contemplate the severity by which everything is being organized, regardless of public opinion, don’t forget to overlay this context with their opposition to President Donald Trump; the one guy who could stop all of this.

Now do you see the context for the U.S. intelligence apparatus to manipulate everything about the 2024 election, including the use of RFK Jr?

Sep 30 2023

Frances Fox Piven vs. Milton Friedman, Thomas Sowell (Video 1980)


Armstrong Economics Blog/Uncategorized R-Posted Sep 30, 2023 by Martin Armstrong