Germany Slips into Recession Following the Economic Confidence Model


COMMENT: Mr. Armstrong; Your ECM has been amazingly accurate. Not only did real estate peak, but it is now official, Germany is in a recession.

Great job

HW

REPLY: There is an accurate business cycle that unfolds but you must step back and observe it from a global perspective. The Economic Confidence Model has a long track record.  The numbers are shocking. For 8 out of 12 months in 2018, German production has declined. On average, manufacturing declined 4.1% in November and energy production decline 3.1% in November. Even new construction has declined 1.7%.

May EU Elections Promising to be Major Issue


Two more politicians in France have abandoned Macron and joined the right party of LePen ahead of the May European elections. Our sources in France are clearly revealing that the Yellow Vest movement has had a profound impact on politics. Macron’s promises to raise taxes on the rich are falling short because that just never seems to result in lower taxes for anyone else.

Our models are shaping up to show May as the major turning point here in 2019. This will have a profound impact on European share markets as well as the currency. Meanwhile, the EU is really at war with Poland and its policies have been outright deliberately intent on punishing Poland. This is leading to the development of a new coalition causing Ital and Poland to join together against Brussels to form their own anti-EU league.

Yellow Vest Movement Spreads to Australia & Poland


We are witnessing the Yellow Vest Movement now also spreading to Australia. We are seeing the rise there and in Canada also against Fake News that the media is desperately fighting Trump on who now label him an idiot in headlines. We are also witnessing a backlash against taking in the Muslim claimed refugees from Syria in Australia as well. It is not a matter of race, but culture. People who traveled to Paris from the USA this summer have often returned with horror stories of being robbed on the street, cell phones, jewelry, purses being stolen by people on motorcycles. Muslim women begging on every corner of the Champs-Élysées. The culture clash is the problem. These people cannot speak the language and lack skills for employment for the most part. Immigrants historically seek economic opportunity – not handouts. Last November, Merkel was offering cash to the refugees to leave Germany it was getting that bad. Now she is willing to pay one year’s rent back home to leave Germany.

The Green groups that have taken over the UN are frantic fearing that they want to avoid the violent clashes that have rocked France from becoming a “je suis Trump” (I’m Trump) moment for against climate change. It was the higher global warming fuel taxes and other environmental efforts that sparked the “yellow-vests” protests that have forced Pres­ident Emmanuel Macron into ­retreat. In Canada, the Yellow Vests are also growing over environmental sanctions that block pipelines and creating employment in the energy industry which is also lurking behind a growing separatist movement in Alberta. The Yellow Vest Movement has hit Poland for all the same reasons. In Egypt, the government has restricted the sale of yellow vests in hope of preventing the spread of the movement there as well. This is turning into a clash against the Global Warming Crowd. The environmentalists now fear that the Yellow Vest movement will engulf all of Europe as their agenda has been to raise taxes and lower the standard of living in addition to the birth rate.

 

Macron Under Siege as Tough Stance Against ‘yellow vests’ Backfires…


Some of the highlights from today’s protests in France are quite remarkable.  Additionally, it seems indicative of an inflection point for Reuters to point out that Macron’s current approach toward the Yellow Vests is only making things worse….  Strange times.

PARIS (Reuters) – Emmanuel Macron intended to start the new year on the offensive against the ‘yellow vest’ protesters. Instead, the French president is reeling from more violent street demonstrations.

What began as a grassroots rebellion against diesel taxes and the high cost of living has morphed into something more perilous for Macron – an assault on his presidency and French institutions.

The anti-government protesters on Saturday used a forklift truck to force their way into a government ministry compound, torched cars near the Champs Elysees and in one violent skirmish on a bridge over the Seine punched and kicked riot police officers to the ground.  (read more)

A Twitter user named Sotiri Dimpinoudis follows the granular events throughout France and posts ongoing video to his twitter account.   Some of the video is quite remarkable.

Generally the protests seem loosely organized, but nationwide around 50,000 to 80,000 people today according to Reuters. The protests are generally peaceful; then, later in the day, the police arrive to remove them and things turn confrontational and violent.

By the time dusk arrives most of the ordinary Yellow Vest protesters have returned home; and that’s when it seems like smaller agitating groups start burning things.

Sotiri Dimpinoudis@sotiridi

: Up to 100 protestors marching in in seeing closing an highway!

Embedded video

Sotiri Dimpinoudis@sotiridi

: Picture of First protestors arriving in the French town of to go and prrotest in . pic.twitter.com/pHxjokDcEe

View image on Twitter
26 people are talking about this

Sotiri Dimpinoudis@sotiridi

: Already up to 800 to 900 protestors are gathering in in .

Embedded video

79 people are talking about this

Sotiri Dimpinoudis@sotiridi

: Around 80 protestors are in the very small town of in to protest today.

View image on Twitter

Sotiri Dimpinoudis@sotiridi

: Pictures of Hundreds of in the French town of at the the “theatre square” ahead of todays protests in ! pic.twitter.com/dV5bddwltS

View image on TwitterView image on TwitterView image on Twitter
29 people are talking about this

Sotiri Dimpinoudis@sotiridi

: Video Up to 120 protestors in in closed the highway!

Embedded video

Sotiri Dimpinoudis@sotiridi

: Pictures Already up to 1700 to 2000 protestors are in in . pic.twitter.com/z1yw0GhN0J

View image on TwitterView image on Twitter
58 people are talking about this

Sotiri Dimpinoudis@sotiridi

: Video of thousands of protestors in in marching.

Embedded video

Sotiri Dimpinoudis@sotiridi

: Another Video of thousands of protestors in in marching. pic.twitter.com/oCQCmWs63K

Embedded video

125 people are talking about this

Sotiri Dimpinoudis@sotiridi

: Video of in on the are taking the protests up on to the streets .

Embedded video

Sotiri Dimpinoudis@sotiridi

: Video of up to 2000 of in the French town of marching peaceful ! pic.twitter.com/taKVGkwzlD

Embedded video

49 people are talking about this

Sotiri Dimpinoudis@sotiridi

: Pictures of About 250 of protestors show up in
in !

View image on TwitterView image on TwitterView image on TwitterView image on Twitter

Sotiri Dimpinoudis@sotiridi

: Video around 1100 to 1800 of are now in accross on the ground according to local news sources in . pic.twitter.com/S1sGHf234m

Embedded video

94 people are talking about this

Sotiri Dimpinoudis@sotiridi

: The Protestors are Claching with the police in in of protests. The first tear gas has been thrown.

Embedded video

Sotiri Dimpinoudis@sotiridi

: The women of the protestors in have made a food stop booth in ! pic.twitter.com/O6HHUZr6zm

Embedded video

44 people are talking about this

Sotiri Dimpinoudis@sotiridi

: Thousands are gathering in the City of in , Match day is also over! protestors marching.

Embedded video

Sotiri Dimpinoudis@sotiridi

: Pictures Of thousands of protestors in streets are packed . pic.twitter.com/tdfB6pQWuX

View image on TwitterView image on TwitterView image on Twitter
70 people are talking about this

Sotiri Dimpinoudis@sotiridi

: Pictures Of thousands of protestors in streets are packed .

View image on TwitterView image on TwitterView image on Twitter

Sotiri Dimpinoudis@sotiridi

: Video of the Streets in are packed full of protestors in the French Capital of , This is a huge protest… pic.twitter.com/jq67QGroRG

Embedded video

117 people are talking about this

Sotiri Dimpinoudis@sotiridi

: The protests in are already up to 8000 to 10000 stong!

Embedded video

Sotiri Dimpinoudis@sotiridi

: He is going viral! They are calling him the flying RAMBO and un afraid of the CRS police in ! That is one though protestor. pic.twitter.com/dtni0gyNNi

Embedded video

786 people are talking about this