Panic Buying Starts Again


Armstrong Economics Blog/Agriculture Re-Posted Jul 29, 2023 by Martin Armstrong

First, it was toilet paper, then baby formula, and now it’s non-basmati rice that people are running to the stores and buying in bulk. India has put into effect on July 20th the ban on non-basmati rice in order to calm domestic prices. According to the International Food Policy Research Institute, the global rice market prices have already risen 15%-20% since September of 2022. People have already started panic buying in Texas, Washington, Michigan, and other states. It has not hit every state yet; the impact of this ban has been more so in the regions of larger Indian-origin populations. Most grocery stores have already allegedly limited one bag of rice per customer. Wholesalers and other companies have been adjusting prices which leads to price gouging, so rice is selling for double than usual.

Rice was already at a high point price-wise during Covid-19 and with the war in Ukraine, it gouged the cost of wheat, causing rice production to increase. Allegedly, according to a store owner, there has not been a date specified that this ban in India exports will lift. He is suggesting that this ban will be anywhere from 6-8 months.

Socrates has projected that volatility would rise starting here in 20203, and prices should rise further into 2024. Thereafter, geopolitical instability may further impact supply.

Illogical Ship of Fools


Armstrong Economics Blog/Gov’t Incompetence Re-Posted Jul 27, 2023 by Martin Armstrong

COMMENT: Thank you for your private blog on interest rates. We seem to have the dumbest people in government possible. How could they sell debt when China was the largest holder and then threaten them with war over Taiwan? A third-grader would see the illogical assumption in this position. If they cannot sell the debt, then interest rates must rise. Only a fool would disagree with that. We are obviously on a ship of fools.

HK

ANSWER: You do not buy the bonds of your enemy so they can buy weapons to wage war against you. It just does not make any sense.

RFK Tells the Truth About Our War with Russia


Armstrong Economics Blog/Politics Re-Posted Jul 27, 2023 by Martin Armstrong

Here Come the AI Regulators – the United Nations


Armsreong Economics Blog/AI Computers RE-Posted Jul 27, 2023 by Martin Armstrong

Most people are unaware that the agency that was created to regulate the international telegraph has seized authority over the technology of AI when they lack any understanding of the subject. This is the International Telecommunication Union (ITU), and its global regulations are trying to now tackle AI. This is part of the United Nations agency regulating what seems to be expanding from communication technologies to computer programming. This is like a taxi driver assuming he can fly a Boeing 747. They have expanded their jurisdiction from telegraph to televisions, satellites, cellphones, and internet connections. Now they want to regulate AI.

I fail to understand how a non-programmer can even understand this sort of technology. As a programmer, even looking at my own code, I have to get in the right mindset to review it. It is not easy, and you have to insert notes throughout your codes because to develop AI, YOU OFTEN HAVE TO CREATE NEW WAYS EVEN TO DO CODE. I fail to see how anyone who is not a programmer could understand coding. Someone trying to review my code would have a steep learning curve. Coding is also an art form.

Russia and China have been at the forefront of a competing vision for the internet, in which countries have greater control over what their citizens can see online. China is far more advanced in censorship apparatus. Both Russia and China have now come out and warned against this latest move by the United Nation’s ITU and said that they “believe that any attempts to limit their sovereign right to regulate national segments of the internet and ensure their security are unacceptable.”

The ITU hosted its sixth annual AI for Good Global Summit. This brought together policymakers, experts, industry executives, and robots for a two-day discussion of ways in which AI could help and harm humanity. Proposed solutions from the summit included a global registry for AI applications and a global AI observatory. I am opposed to that for the next step will demand a copy of your source code for regulators to review. Sorry, but Socrates will then be turned off.

I was given the contract to manage the platinum holding of Aristotle Onassis. It took months to get approved to be able to trade at huge levels. The first phone call I made to a bank, they already knew the positions I had. Someone in the Commodity Futures Trading Commission leaked that info to select bankers. So much for government ethics.

Will They Shut Down Gold & Cryptocurrencies with CBDC?


Armstrong Economics Blog/Civil Unrest RePosted Jul 27, 2023 by Martin Armstrong

There is no question that the real problem here is that the financial system is collapsing. These morons have been borrowing since World War II with ZERO intention of ever paying off the debt. They are running out of buyers. Attacking Russia and China has divided the world economy, which may be the Neocons’ goal, but they do not care about the country or the people. They are just sick individuals engaging in hate crimes. Now they are running out of buyers for their endless borrowing. They NEED to default on the debt, and it is what Schwab is really saying you will own nothing and be happy.

Do not forget that Christine Lagarde, who is now the head of the European Central Bank, got where she is because of Schwab. She was on his board of trustees. The same is true about the head of the IMF and the head of the EU. The World Economic Forum has infiltrated everything. They are pushing for the end of any possible right to vote. We, the people, are far too stupid to understand the world as only they can. After all, they see themselves as a demigod since they are above everyone else.

Democracy is how Trump came to power. They are not about to allow a non-career politician to ever take power. This is why they are attacking RFJ. Democracy becomes evil “populism” when the people vote against the establishment. This is also why they are doing everything possible against Trump. If that does not work, they will assassinate him as they did to JFK.

If you are going to play poker, you better know who you are playing against. Do they bluff? Can you tell? Those who blindly think that somehow cryptocurrencies will be the alternative of CBDCs are too caught up in their own BS to open their eyes. This is all about total control. There is NO WAY that these people will allow any private cryptocurrency to complete. In addition, the controls that Lagarde is talking about will also be the shutdown the purchase of gold and silver post-2024. This is a game for ultimate power. That is what we face going into 2032. They will fail, for freedom will surface, and we are looking at massive civil unrest and, ultimately, revolutions worldwide. Any alternative will threaten their power.

Sean Hannity Unmasks as Full-Throated Neocon During RFK Jr Townhall


Posted originally on the CTH on July 26, 2023 | Sundance 

Tick-Tock Sean Hannity has been a member of the right-side media control group for a long time.  We all know this here, and almost no one can tolerate watching the pontificating nonsense – nor do they.  However, it is only with the assist from the 2024 Murdoch agenda to promote RFK Jr. as an alternative for MAGA Democrats, that Hannity’s mask simply drops.  So, this is a good thing.

These types of revelations are always good, and perhaps now the Trump family will quit entertaining Hannity as something other than the control officer for the financial group behind the corporate media intents. However, I won’t hold my breath on that outlook – at least not any longer than it will take the Trump orbit to realize Jason Miller is the Bill Barr of the Trump 2024 campaign. Whoops, was that my outside voice?  I digress. WATCH:

Ukraine is a Disaster, Putin is the Moderate, & Truth is the Victim


Armstrong Economics Blog/Press re-Posted Jul 25, 2023 by Martin Armstrong

COMMENT: Mr. Armstrong, At first, I questioned why you were more pro-Putin than the media. But given your reliable forecasting and being renowned for your sources, I kept an open mind. Whilst it is becoming clear that Putin has been going after the people who wanted to nuke and totally invade Ukraine, the media seems to overlook that agenda of invading all of Ukraine. Yevgeny Prigozhin disagreed with Putin on only protecting the Donbas. Igor Girkin, who advocated the invasion of Ukraine, was also arrested. The press even tried to pretend that China’s Xi warned Putin not to use nuclear arms in Ukraine when he was against it. Putin did tell the leader of Chentna that a nuclear on Kyiv was off the table. I can see what you have been pointing out. Putin has been the moderate.

Now the British press is admitting that Ukraine is a disaster. The WSJ also just came out and said the United States knew Ukraine was not up to this offensive. I must say, you and your sources are better than anyone out there. Your comments that you had dinner at Trump’s place when he was president and wanted to exit Afghanistan because he was anti-war were very interesting. You actually have the contacts, not conspiracy theories.

I just wanted to say that now I value your comments more than anyone else.

Keep up the good fight. I hope Scotty does not beam you up just yet.

Paul

REPLY: Thank you. My sources are renowned because they all share the same passion for truth. We all work together, sharing information that is off the grid so-to-speak. We all understand how we are being manipulated by the media, which I am so disappointed in for not being independent. The mainstream media was supposed to protect our liberty – not sell it to the highest bidder. News to them has become opinion – not fact.

I feel sorry for all of those who have been brainwashed to hate Trump, for they have been manipulated into being supporters of World War III. When Iran shot down an unarmed and unmanned American drone, Bolton was pushing for the US to attack Iran. As I have said, he would bomb Canada for one Russian. He is a hateful Neocon. Trump said no. It was not manned, and it was unarmed.

John Bolton would have started another war over a drone. The Neocons have launched all of these actions against Trump BECAUSE they know if he ever got back into the White House, they would be fired or perhaps even put on trial. As I have said, if they did this outside of Washington, they would be charged criminally for hate crimes.

I have met many heads of state. I am the longest person ever held in civil contempt for refusing to turn over the source code to Socrates. I have stared these people in the eyes face to face. What I write is not a conspiracy or just an opinion – it is a fact. I was asked to covertly invest $10 billion to take over Russia back 1n 1999. They blackmailed Yeltsin in their attempt to rig the 2000 Russian election. That is why Yeltsin turned to Putin, who was a nobody – not a politician, not a communist, and not an oligarch. I was in the middle of all of this shit. I know what happened.

They threw me in with the terrorists from the World Trade Center, all to prevent me from communicating with my lawyers while they took them away. They threw me into solitary confinement and took all my legal preparation away so they could sift through it all to see what my defense would be. They even tried to kill me, but I survived to their dismay.

You do not know what these people will do to ensure they win. They own Wikipedia, which is now joining the agenda to shut down all dissent on climate change, for that is in the works for the next lockdown when civil unrest rises. I feel sorry for the people who actually think elections are not rigged. Wait for 2024. We will see massive civil unrest, for it will become obvious what they are doing to the world.

1st Amendment is Slowly Being Taken Away


Armstrong Economics Blog/Freedom of Speech Re-Posted Jul 25, 2023 by Martin Armstrong

“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.”- This is our first amendment right which was signed in 1791. According to a recent poll, it is said that 55% of Americans believe that the government should have a say in restricting false information online and then 65% of Americans believe that Tech companies should remove content on what they believe is misinformation. I am not sure why anyone would think that this is a good idea. If our sources of information are regulated (which most of it is), and everything is being portrayed how the government wants us to see it- we are provoking the constitution ourselves. Basically, this would correlate as being brainwashed. The founders would roll over in their graves. This is a revoke of  what we ask our soldiers to die for- our Constitutional Rights.

Take the discovery of Obedience to Authority as an example. This discovery was made by Stanley Milgram who did experiments to show we are influenced by mob behavior. Meaning, that people would torture one another if ordered to do so. As I have said in a previous blog- “society swings back and further between public & private confidence. People canceling anyone who has ever said anything, even 30 years ago, is the swing of the pendulum excessively to the left. The swing is based upon the “sheep” who can be herded and they will move back and forth depending upon their influence.”

With that being said, people are very easily influenced towards a higher authority. Whatever the government thinks is good, most people will follow. There are some countries who already censor the content that they allow their citizens to view/ post, a few being North Korea, Vietnam, Iran, and China. In some countries, the fear of imprisonment for “spreading misinformation”- meaning if it’s criticism against their government, they will be dealt with severely.

This poll showing that 55% of Americans believe that the government should censor media content is very questionable. We have our First Amendment right put in place for a reason which doesn’t seem to mean anything these days since Tech companies such as Tik Tok have already limited, censored, or completely will remove videos of information that THEY find harmful or violent. The very argument that Russia censors what people can say is what we ask our own soldiers to fight against, yet the majority thinks that this is ok for our government to carry out. Our soldiers put their life on the line every day to fight to protect our rights, but doesn’t it seem a bit hypocritical that some think that the government should censor things that they believe shouldn’t be out there in the world. This is a direct rebuke to our Frist Amendment.

Ukraine Complete Disaster – Neocons Lose Again?


Armstrong Economics Blog/Ukraine Re-Posted Jul 25, 2023 by Martin Armstron

Ukraine is a complete disaster. I have been warning that our sources from UKRAINE, not Russia, have been warning that the country is on the brink of collapse. The American Neocons are being confronted with the fact that there NEVER was any chance that Ukraine would defeat Russia and putting this high-heel questionable gender dancer in high heels in charge of war was in itself a war crime. There is absolutely no war Ukraine can win anything. This is why Zelensky has been so desperate o drag in NATO because he knows they cannot retake the Donbas no less defeat Russia. The American Neocons were hoping to weaken Russia so they could contrive some scheme to justify going in for the kill.

There are rumblings behind the curtain now that a peace deal has to be struck of Ukraine will collapse if their own troops do not rise up and assassinate Zelensky for his profiteering and slaughter of his own people. After all, numerous Roman generals found themselves in a position where they did not want to fight so they assassinated their leader. In the case of Maximinus I (235-238AD), his own men, humiliated by their defeat, now entered the tent of Maximinus and murdered him. To demonstrate their new loyalty to Rome, they cut off his head and sent it to Rome. This was no isolated incident. It became rather common for the troops when ordered to fight a wrong war, turned to assassinate their own general.

The fact that the Wall Street Journal on July 23rd wrote:

“Western military officials knew Kyiv didn’t have all the training or weapons—from shells to warplanes—that it needed to dislodge Russian forces. But they hoped Ukrainian courage and resourcefulness would carry the day.”

The fact that this even appeared in the press shows that there is discontent behind the curtail. All we have heard to date are lies about how Russia is weak and losing. That is precisely the opposite of the truth and that is info from Ukraine – NOT Russia. Zelensky has kept up a false image of victory only to keep the money flowing into Ukraine. The population of Ukraine had stood at about 36 million before the war. At least 500,000 are now dead and the real number of Ukrainians who have fled their home may now exceed 10 million. Zelensky has destroyed his country all for the Donbas which was never Ukrainian territory nor occupied by Ukrainians. This has been a proxy war against Russia and Zelensky has BETRAYED HIS OWN PEOPLE for a handful of silver.

Selensky’s dream of selling Ukraine to Blackrock is really disgusting. He has had no problem letter his country brun because the more that burns, the greater the rebuilding project. He has been bragging that this will be the biggest investment opportunity for Europe with no mention of how many Ukrainians must die for he dream. Many have compared him to Nero letting Rome burn so he could build his grand golden palace.

Poland is likely to take Western Ukraine in the outcome here. That was their territory 1918-1945 and the Ukrainians slaughtered more than 100,000 Polish simply for ethnic cleansing. What is not given a lot of attention is that within Ukraine, there are ethnic Polish and Hungarians who have also been abused by the Ukrainians. The Ukrainians did far worse than just killing Polish for which they have refused to ever apologize.

The Polish Association of Memory of Victims of Crimes of Ukrainian Nationalists documented 135 methods of torture and murder practiced by Ukrainian Nazis. Poland officially called the Ukrainian actions genocide. The Ukrainians have been protected by the CIA for decades ONLY because they hated Russians. They continue to protect the Ukrainian Nazis only because they are waging war against Russia.

The Ukrainians were unprecedented in their war crimes during WWII and the sheer outright cruelty one would expect only exists in some B-Rated horror movies. This included:

  • Running children through with stakes
  • Cutting a person’s throat and pulling their tongue out through the hole
  • Sawing a person’s torso in half with a carpenter’s saw
  • Cutting open the belly of a woman in an advanced stage of pregnancy, removing the fetus, and replacing it with a live cat, before sewing up her abdomen.
  • Cutting open a pregnant women’s abdomen and pouring in broken glass
  • Nailing a small child to a door.

In retribution, Ukraine is likely to lose the Western provinces to Poland. As I have said before, Ukraine had finally achieved sovereignty. They have thrown that all away for their hatred of Russians when in fact the

What the Ukrainians overlook is that Stalin’s seizure of the food from Ukraine and their starvation have two MAJOR factors they do not want to acknowledge.

(1) Stalin was not Russian, he was from Georgia.

(2) Stalin’s right-hand man proposed starving Ukraine and he was Ukrainian – NOT Russian.

Lazar Kaganovich (1893-1991) was in charge of taking the food from Ukraine. Some say he was Jewish and sought retribution against the anti-Jewish attitude in Ukraine. His real name was KAGANOVICH, LAZAR MOISEYEVICH. He joined the Communist Party in 1911 and became a member of the Kiev committee of the party in 1914. The following year, he was arrested and restricted to residence in Kabana. He fled Ukraine and lived in various parts of Russia under the false name of Kaganovich. There he played an active role in the October Revolution in the Red Army. He rose to be the right hand of Stalin and then convinced Stalin to take the food from Ukraine most likely as retribution for his arrest.

Ukraine is a very troubled country. Its people suffer under propaganda and Bandera’s philosophy was pure hatred and ethnic cleansing. In speaking with some very naive Ukrainians, they were told they had to fight for Russia and would not stop with the Donbas. Now they will lose a lot and the West is more likely to be taken by Poland. The only peace deal will be to surrender the Donbas to Russia. Odessa at best would be a neutral demilitarized city to allow access to a port for exports. Zelensky is desperately still seeking to get NATO to intervene and now escort their grain exports. He will never be satisfied until he creates world war III. The entire population of Ukraine stands at best 0.4% – not even half of one percent of the world population.