Unemployment & Velocity


Armstrong Economics Blog/Economics Re-Posted Feb 11, 2021 by Martin Armstrong

The Democrats are really destroying jobs and the economy in order to bring about Biden’s Build Back Better agenda created by Klau Schwab. They are deliberately trying to destroy jobs that they think threaten the environment which will result also in higher heating bills for people in the very northern states that are so Democratic. The effort to shut down Pipeline #5 which feeds much of Michigan with natural gas from Canada will leave people freezing in the winter with no viable green alternative.

Germany rejected nuclear power after the Japanese problem. Then Merkel has put the country on wind and solar reducing coal all for the green agenda. But as our models have been warning, we are NOT headed into global warming, but toward global cooling. This introduces a serious problem. During severe winter storms, wind declines and temperature plummet. The expansion of wind power in 2020 has resulted in the collapse of Renewable Energy production to its lowest level since the introduction of the Renewable Energy Act (EEG) in 2000. As solar panels are buried in snow and the lack of wind, Germans are having to bear a very cold winter yearning to bring back coal production and nuclear. What may sound good in theory,  like equality for all under Communism, results in a very different outcome.

The stark collapse in the velocity of money reflects the real expectations of the future. With Biden taking the White House, international capital simply does not believe the election was fair. The doubt about Biden really winning the election seems to be even stronger outside the United States than within based on all the emails we are getting. This lack of confidence is what we are witnessing in the stunning collapse in the velocity of money. That decline from 2007 subsided and began to improve with the election of Trump. But as the Pandemic was created, that velocity took a nosedive that looks more like the collapse of the monetary system of Rome during the 3rd century AD. This collapse has been simply unprecedented thanks to this politically manufactured pandemic.

The Swamp Strikes Back


Armstrong Economics Blog/Conspiracy Re-Posted Feb 11, 2021 by Martin Armstrong

The movement against capitalism is very broad and the politicians have caused this crisis to further their agenda. Governments were shaken by the election of Donald Trump in 2016. That is why they have brought this impeachment – they are trying to drive a stake in the heart of democracy which they call “populism” for we are too stupid to know who to vote for.

They have had the audacity to even claim that this pandemic has created a further gap in inequality so they must avenge the poor, who they deliberately made poorer knowing they can not work remotely. Kristalina Georgieva, managing director of the International Monetary Fund board member of the World Economic Forum with Schwab. Her lack of impartiality is deeply disturbing. She says neoliberalism has failed. With every breath, she pushes for the end of democracy.

She now supports the surrender of all liberty as he hinted at the WEF and clearly said that “unless capitalism globally brings people closer together, we won’t be winners after this crisis.” She added that the pandemic had widened the gap between wealthy and poorer nations and that global cooperation on addressing a crisis that knew no borders was “not up to par.” But it has been the very lockdowns that has destroyed our culture. There are studies showing that these lockdowns have been ineffective. Indeed, never before in 6,000 years of recorded history has any government EVER shut down its entire economy because of some disease. There is absolutely NO historical precedent that any such measure has EVER be used. This has been a huge experiment by the left to take control of the globe counting on the stupidity of the majority to just follow orders as the Nazis defended themselves at the Nuremberg trials.

Hospitality is dead because they do not people traveling for that will add to CO2 and pose a risk of revolution ios people are allowed to freely communicate. That’s where BigTech comes in to shut down free speech. Theatre and the arts have been wiped out. Even fashion shows have come to an end.

They have terrorized people with this virus with a kill ratio of only 0.028% far below the 1918 Spanish Flu which was nearly 3%. The birth rate has collapsed even by 15% in China in 2020. If the sheep do not wake up and very soon, they will see only with hindsight what liberty once was. They desperately needed to create this Pandemic because unemployment under Trump reached a historic post-Depression low. The only times unemployment was lower was during war. Capitalism was improving and even black unemployment reached a historic low.

Even in the United States, the Democrats’ victory is razor-thin holding just 50.4%. The left was losing so they needed so desperately to create a false narrative or risk forever collapsing. We have plenty of readers who were once behind the Iron Curtain. They fear more than anyone for they see what took place there is unfolding right here. I cannot stress enough that beware of QAnon. I believe this is a false move intended to draw out people who would resist the take over by the left. Anatoliy Golitsyn was a former KGB officer who defected. He exposed fake dissents to the West which were a ploy of disinformation.

Golitsyn’s book is very good at explaining what I have been warning about. They create fake movements to draw out opposition and identify who they are. He wrote:

The Soviet security service was reorganized, renamed the OGPU, and given new political tasks. It was directed to mount disinformation and political operations. False opposition movements were set up and controlled secretly by the OGPU. They were designed to attract to their ranks genuine opponents of the regime inside and outside the country. These innocent persons could then be used by the regime in various ways. They could act as channels for disinformation; they could be blackmailed and recruited as agents; they could be arrested and given public trials. A characteristic, but not unique, example of this technique is provided by the so-called “Trust” operation.

This entire Impeachment is organized by the Swamp for the sole purpose to strip Trump of the right to ever hold office again. This is a democracy they are trying to prevent. I have stated many times that when Ronald Regan was elected, he was a mere governor they considered in Washington to be an “outsider” and thereby not trustworthy. When he was elected, the word was that they will have to “train” him to reduce his threat to the swamp. This is why they hated Trump so much and this included Republicans like John McCain. It was McCain who handed the fake dossier from Hillary to the FBI to start the entire Russia conspiracy. I have stated plenty of times that it was the Clinton’s behind the bankers’ attempt to take over Russia and blackmail Yeltsin in 2000 which ended up resulting in Yeltsin turning to Putin. That is why Hillary claim it was a retaliation of Putin against her in 2016 to put Trump in the White House.

This entire impeachment is the Swamp trying to prevent Trump from ever running again. If he was criminally charged he could still run for president. That is not a bar to an office like Nelson Mandella. They will always imprison people on fake charges to stop them politically. Impeachment is the ONLY way to prevent Trump from running so that is what is going on here. This is the Swamp Strikes Back.

Green Protectionism


Armstrong Economics Blog/Economics Re-Posted Feb 11, 2021 by Martin Armstrong

The world bashed Trump saying America First was protectionist. Those at the World Economic Forum were vehemently against him and his policies. Well now we have the rise of protectionism but instead of America First, it is now Green First. Britain’s ruthless Boris Johnson who is in bed with Gates, Soros, and Schwab, figuratively I hope, is now pushing at the next G7 summit Climate Tariffs, arguing that climate sanctions are now necessary to save the planet which is interestingly strangely connected to him destroying jobs and offering free education to retain people I suppose to make solar panels.

This is the same nonsense coming from John Kerry. These people are deliberately using the COVID fake pandemic with a kill ratio of only 0.028% to destroy jobs to redesign the economy as green. They say they’ll create millions of jobs,  but leave out the part that they will destroy far more jobs. They expect people to retain, but employers may not even be available in their area. So they are supposed to sell their home, move, and hope they get employed and make the same amount of money.  You can’t make up this level of stupidity!

By the time the sheep wake up and get it, they will make 2022 a very memorable year – politically – around the world!

Jim Jordan and Devin Nunes Discuss the Political Impeachment Circus


Posted originally on the conservative tree house on February 11, 2021 by Sundance

Appearing on Sean Hannity, representatives Jim Jordan (OH) and Devin Nunes (CA) discuss the facts and issues surrounding a highly-partisan impeachment trial.

Adam Kinzinger Threatens to Target Matt Gaetz With DeceptiCon Superpac, Gaetz Says “F’ing Bring It”


Posted originally on the conservative tree house on February 10, 2021 by Sundance

If you have read CTH you know Adam Kinzinger is a House member of the DeceptiCon caucus. A McCain minded, war-mongering, lover of all things deep state.  He rides the uniparty like a bird of prey, and is one of the more visible CNN republicans because he loves to crap on anyone who would fight back against his insufferable duplicity.

Kinzinger sees himself as better than all those who prefer to focus on America First priorities. He is an elitist-minded politician who views the MAGA community of Trump supporters with utmost contempt.

We need a “Big Ugly” battle against these creatures who reside comfortably in the cocktail party circuit purchased by Wall Street.

(Via The Hill) Rep. Adam Kinzinger (R-Ill.) plans to target lawmakers including Reps. Marjorie Taylor Greene (R-Ga.) and Matt Gaetz (R-Fla.) with his new political action committee, which aims to aid GOP candidates that don’t embrace Trumpism.

The Illinois lawmaker — who has been a vocal Trump critic and was one of the 10 GOP House members to in favor of impeaching the former president for inciting a riot at the Capitol on Jan. 6 — told The Washington Post he has a “huge list” of members he would like to see challenged for perpetuating conspiracy theories and the unsubstantiated claim that the 2020 election was stolen.

[…]  Kinzinger, who announced the launch of the Country First PAC late last month, said he would like to help boost politicians beyond Congress, adding he doesn’t plan to have a litmus test on social issues for candidates he’ll support.

“I don’t want to engage in races and lose, because it’s a bad narrative, too. But I want to give support to people on local levels, even people running for mayor, state reps etc. and just simply say this: I don’t care what you believe, as long as you believe it: you can be pro-life, pro-choice, pro-gun, anti-gun, right?” he continued.  (read more)

Knowing that President Trump holds 85% support from the republican base; and knowing that President Trump received more votes than any other president in history; the response from Matt Gaetz is exactly correct:  “fucking bring it.

We need this battle….

We need this purge….

We need to destroy the DeceptiCon wing of the UniParty in DC.

Whenever CNN, or for that matter any media, want a republican voice to argue against Donald Trump, in the “current days’ outrage du jour”, they call upon Kinzinger first and foremost. He seemingly loves the spotlight as much as he enjoys promoting himself on social media. In essence, he’s a proud #NeverTrumper.

During a trip to Turkey in 2014 to discuss arming Syrian rebel groups, under the auspices of fighting ISIS, you see Representative Adam Kinzinger appear.  Oh yeah, and who’s that other fellow circled in the meeting?  ….why that’s our anti-Trump candidate Evan McMullin. Huh, fancy that.

Spotting Evan McMullin conspicuously standing there in the picture made us want to go back to the CNN file footage from the time and see if he was actually visible in the report they filed from Turkey.  Yup, he’s there alright.

Watch and spot him in the background during quite a bit of the footage:https://www.youtube.com/embed/HWKuB3PkHsI

Long before anyone heard about Evan McMullin running for President, there he is paling around with #NeverTrump Adam Kinzinger in Turkey chatting with the Muslim Brotherhood affiliates (guise SETF) who are essentially the political arm of ISIS under a differing name.

The declared purpose of the meeting was to discuss who and how to arm the entities within Syria.  However, just like in 2012/2013 these same Brotherhood voices in 2014 are simply trying to present themselves as one thing, only to gain the goal of another.  That’s ultimately the story behind the arms deals within The Benghazi Brief.  That’s the lesson that should have been learned if the truth contained within the brief were ever to have larger public interest.

Additionally, all that said – it’s connections like these that make other things, like the opposition to Donald Trump, make much more sense.

Citing a Need for COVID Compliance JoeBama Administration Weighs U.S. Travel Restrictions on Florida


Posted originally on the conservative tree house on February 10, 2021 by Sundance

The vast majority of the Florida economy is essentially open and not impacted by the COVID-19 virus and state mitigation efforts.  Factually visitors to Florida are stunned at the seemingly little impact the COVID scamdemic is having on the state.  Everyone is going about their business as normal enjoying freedom, and there is no undue chaos or concern.

The common sense within Florida, the lack of actual economic damage and the absence of panic amid the citizenry, is adverse to the interests of those who have weaponized the fear of COVID to attain power and control over compliant citizens.  Governor Ron DeSantis is considered a rebellious troublemaker who must be dealt with by JoeBama’s Federal agencies and authorities.

Today the Miami Herald is reporting that Joe Biden officials are contemplating using federal authority to restrict travel in to and out of Florida as a way to punish the sunshine state for their refusal to align with the fear-mongering compliance authority:

MIAMI – The Biden administration is considering whether to impose domestic travel restrictions, including on Florida, fearful that coronavirus mutations are threatening to reverse hard-fought progress on the pandemic.

[…] “we’re having conversations about anything that would help mitigate spread,” the official said, referring to discussions about new travel restrictions that could target the spread of the U.K. mutation in Florida.

[…] On his first full day in office, President Joe Biden directed the CDC, the Department of Transportation and the Department of Homeland Security to “promptly” draw up a list of recommendations on “how their respective agencies may impose additional public health measures for domestic travel.”

In recent days, Transportation Secretary Pete Buttigieg and CDC Director Rochelle Walensky have said they are examining whether to require COVID-19 testing for travelers on domestic flights – a move that has drawn opposition from airline executives.

[…] While COVID-19 cases in Florida have declined in recent weeks, the U.K. variant has spread rapidly in the state during that time. It now accounts for up to 15% of new cases in Florida, according to estimates from a team of researchers modeling the variant’s growth across the country — up from about 1% at the beginning of January. (read more)

If you take out a national map and: (1) put a green pin in the areas where the lock-downs are most severe (draw a 100 mile circle); then (2) put a red pin in the areas where the riots and local anxiety was highest in summer 2020; then (3) put a white pin in the seven counties where election fraud was prevalent; then (4) put a blue pin in the areas known as “Opportunity Zones“, what you will see is a direct correlation.  This is not accidental.

There are more than 8,760 designated Qualified Opportunity Zones (PDF) located in all 50 States, the District of Columbia, and five United States territories. Investors can defer tax on any prior gains invested in a Qualified Opportunity Fund (QOF) until the earlier of the date on which the investment in a QOF is sold or exchanged or until December 31, 2026. (link)

If you are a member of ‘THE BIG CLUB’ with a massive influx in capital due to the benefits of the COVID-19 lockdowns, limits and regulations, the Opportunity Zones are now the perfect place to expand ownership and wealth.   Take advantage of the Main Street weakness, make moves with government authorization, and do so without capital gains.

The regions where real property will be purchased at a low cost will, not coincidentally, be the “opportunity zones” where investment transactions without capital gains can be made. The areas where riots took/take place will sell cheap. “Opportunity zones” allow for mass investment moves from billionaire class without paying capital gains taxes.

The mass accumulation of wealth (multinationals) at the upper tier of Big Tech and the multinational billionaire class (technocrats) during COVID is approximately +40% since it began.  40% of Main Street businesses wiped out. Not coincidentally almost 40% of wealth has been transferred from Main Street to the Wall Street mega-corps and multinationals.

“Never let a crisis go to waste”…

Only in 2020 the “crisis” was (yet again) by design. The highest level of COVID mitigation control in the Blue states is not coincidentally in the same states with the largest number of Opportunity Zone regions. As a direct result of this mass transfer of wealth to the upper tier the “opportunity” is an unprecedented level of Main Street ownership by elite interests and foreign nationals.

It gets worse… Just like the banking and real-estate crisis of ’07/’08 the government steps in to back-fill the Main Street losses to the mass U.S. population.  However, the problem is the relief funds cannot be spent in Main Street because it remains locked-down.

When an individual or family receives the relief money, they still cannot support Main Street because it remains forcibly closed. Paying down debt and making purchases in the same lock-down strata only ends up putting those relief funds into the hands of the multinationals who are allowed to operate.

Continued consumer spending only feeds the beast that is -by policy via purchased politicians- designed to destroy us.

In essence, we are paying the Technocrats/bankers to foreclose on our home/business.

This is by design…. This has always been the design… CTH has been warning about this for well over a decade and we exhibited the (un)natural conclusion with this graphic:

[EXPLORE GRAPHIC]

There is a way out of this cycle; however, it takes everyone fully understanding the dynamic to realize exactly how urgent this time is for our nation.  The global interests within the BIG CLUB have a plan; and they are executing that plan…  If you do not accept the battle, you cannot win the war.

Do not feed the system that is designed to destroy you.  Move your money away from big massive banking institutions and put it into local banks and credit unions.  Spend your income in smaller businesses on Main Street.  Do not shop at multinational corporations.

We are going to have to get out of convenience mode, or we will ultimately destroy ourselves. Do not use Amazon or related convenience systems for purchases.  Do as much local purchasing as possible.  Buy made in America products; it is an investment in our own economy.   Economic patriotism is how we defeat globalist economic expansion.

Defeating the “Great Reset” is a choice each individual has to make.

The weaponization of COVID is the ongoing crisis that will facilitate government solutions.  As the American people resist the COVID crisis, those who need to weaponize it will keep turning up the pressure.  They must control the economic activity.

That pressure will continue until the American people can no longer take it and will accept the solution.  We are watching deployment of an identical playbook used previously using taxpayer funds to finance Wall Street, Multinationals, Big Banks and political allies in 2008/2009.

  • COVID crisis 2020 replaces the housing/banking crisis 2008.
  • Pelosi repackages the TARP strategy as a COVID response.
  • Blue states are bailed out in 2020 like the Too Big to Fail banks in 2008.
  • Wall Street & multinationals benefit as they did in the 2008 operation.

…And the great reset begins.

Victor Davis Hanson Discusses Impeachment and Leftist Goals During Biden Administration


Posted originally on the Conservative tree house on February 10, 2021 by Sundance

In this episode of American Thought Leaders, Jan Jekielek sat down with classicist and historian Victor Davis Hanson to discuss the rise of critical social justice and woke ideology, growing limits on freedom of speech, and his take on the second impeachment trial of former President Donald Trump.

“It’s like a public-shaming like the Communist Party used to make people wear dunce caps,” Hanson says.

Senate Impeachment Trial for Insurrection – Day Two, 12:00pm Livestream


Posted originally on the conservative tree house on February 10, 2021 by Sundance

The second day of former President Trump’s second impeachment trial continues in the Senate. President Trump is being charged with one article claiming incitement of an insurrection prior to the Jan. 6th Capitol chaos. [Livestream Links Below]

The insufferable political exercise is scheduled to begin at Noon ET.

CSPAN Livestream – PBS Livestream Link – Fox News Livestream – FBN Livestream

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Biden’s Executive Orders


Re-Posted from GrrrGraphics.com FEB 8, 2021 AT 9:50 AM

“I don’t even know what I am signing” Fraud in Chief Joe Biden

Who is ordering Biden’s flood of executive orders? Why, the invigorated Deep State Swamp, of course.

Biden is a puppet chosen by the Swamp. He certainly wasn’t chosen by many voters. In early 2020, Biden came in 4th in Iowa during the Democratic primary. He finished 5th in New Hampshire. Sleepy Joe looked finished. His debate performances were a dismal embarrassment.

Yet the Deep State chose him and that was that. They knew he was corrupt and would carry out another term for Obama, who is likely one of Biden’s string pullers. Hillary pulls the strings on Kamala. They didn’t care what the voters wanted. The Swamp obviously did everything necessary to assure a Biden victory. They outspent Trump by a wide margin on campaign ads. They shamelessly cheated and stole the election when it was clear Trump would win by a landslide.

The plethora of executive orders are necessary for the Swamp to remove as many of Trump’s accomplishments as possible just in case something happens and Biden is removed from office. Everyone knows the election was stolen—even Democrats. Only they call it ‘fortifying’ the election.

It’s unlikely a general revolution will occur by the people to remove Joe’s regime. Americans may be angry, but they’re kept distanced and fearful. Most won’t even remove their slave masks of submission. Perhaps the last hope resides with the Supreme Court. If only they’d get off their duffs, examine the massive amount of evidence and mete out some justice. Then maybe China Joe will be removed.

This could also be why Pelosi is so eager to impeach Trump. She doesn’t want him to be able to take his rightful place in the White House for his second term.

—Ben Garrison

Opinion v Fact


Armstrong Economics Blog/Basic Concepts Re-Posted Feb 10, 2021 by Martin Armstrong

COMMENT: Marty,

Each day I read reports from so called reputable people expressing what they think might happen given the backdrop today. It is laughable. Most do this based on superficial analysis or cursory comparisons with things that appear to line up, appear to rhythm, to paraphrase M Twain. What a joke.

I say this here because as I relearn what I once thought I knew, analyze my mistakes using real data…it brings me back to you and your marvelous study of history, your database, which is incomparable, and your willingness…let’s call it humility, to let Socrates make the call. Just remarkable.

What this has done for me is save countless hours reading nonsense and instead focusing on the data. Not trying to push my opinions on a trade and expect the market will follow, but respect what is there and not force things. Nothing is absolute, no one is always right. But today there are so many people who are flat out wrong, who claim to be right…just give them time, it explains why the government fails repeatedly…because these are the people who, like Keynsians or socialists claim…just give it more money…it will work. Right. History always seems to tell a different story.

MS

REPLY: Thank you. What I try to get across is what I have learned from my clients. Because I was perhaps the only international analyst in foreign exchange back in the 70s and 80s, we ended up with the largest client base that was so diverse that it compelled me to look at the world through everyone else’s eyes. I remember doing an institutional conference in Zurich probably around 1982-1983. People started flying in to attend from around the world. There were people from the USA and Canada as well as Germany who traveled to Zurich.

I remember doing a forecast on gold after I had provided a forecast in Swiss francs. I had said that gold would rise in dollars, but that the dollar would decline against the Swiss. The Swiss aptly said if they bought gold they would lose. I realized at that time that forecasts had to be based upon the individual currency. The above chart showed the start difference in a forecast for gold based upon the currency.

Everything I have learned has come from my clients. I have designed Socrates to be an international tool so everyone around the world can do their own technical analysis and use our tools on any market around the world expressed in their own currency.

I was a history buff. I am not the all knowledgable soothsayer. My studies are probably the most comprehensive when it comes to economics and monetary history. I am not the one who cares about every war and how they won or lost if it had no relevance to the monetary system and economics of the time.

I bought my first Roman coin probably around 1963 for $10. I was fascinated that I could actually have a piece of history. I then learned that much of history was not only preserved by the coins, but it was confirmed by the coinage.

For example, we know when Titus opened the Colosseum because he issued a coin to announcing it. We know that Brutus did assassinate Julius Caesar on the Ides of March (15th) in 44 BC because he issued a coin bragging about it. Probably the rarest of all Roman coins is the Saturninus gold aureus. It is one of two in existence which proved the academics all wrong and the book “Historia Augusta” was real.

Roman coins enabled me to reconstruct the world monetary system to answer the question — how did Rome fall? This eliminated all the opinions. I did not stop with Rome. I reconstructed the entire world. It was to ELIMINATE opinion, which to me was biased and worthless. I have mentioned that in high school I had to read “The Great Crash of 1929” by Galbraith. Never in there did he ever talk about the sovereign defaults, which I only discovered by coming across a copy of Herbert Hoover’s memoirs in an antique store in London. That meant I could not trust the history books and I had to investigate the raw sources.

I am trying to put this all together in a book which will probably be 5 or 6 volumes. But it has to be authoritative for it is breaking new ground on a global scale.