COMMENT: Hello Mr. Armstrong. Thank you for my daily dose of reality. Your blog is one of the last sources of untainted news. I would like to show these pictures my daughter sent me last week. We live in an affluent neighborhood in New Jersey where petty theft does not occur. The news outlets have not mentioned baby formula shortages. I do not believe they are locking up the baby formula to prevent crime. What is going on here?
Thanks — C.G.
REPLY: The supply chain issue has never been resolved. It improved from the days of bare shelves in the grocery stores, but many essentials are stuck in the pipeline. Products that expire will see additional shortages naturally. The supply shortage is fueling inflation and raising rates will not solve the problem.
The Fed thinks that raising rates will curb inflation by raising the cost of borrowing. That is not the problem here. Part of the inflationary crisis we are witnessing is due to demand outweighing available supply across industries. The Fed cannot control government spending nor the money supply. People are viewing the crisis today from the perspective of the ‘60s when it was NOT possible to borrow on T bills. After the collapse of Bretton Woods in ’71, you COULD trade off government debt and that eliminated the idea that it was less inflationary to borrow rather than spend. Artificially low rates that created a borrowing addiction among institutions who believed it was safe to do so.
Powell cannot come out and criticize Congress for their spending. These rate hikes are not good for the supply chain shortages. Inflation went up two years before the Fed even addressed rates due to the supply chain crisis. The central bank only began to hike rates after the war in Ukraine began. Notice how at the last meeting, the FOMC incorporated that they will monitor “international events.” WAR is the primary driver of inflation and there is nothing that the central bank can do to prevent the destruction caused by government and years of poor monetary policy.
Well, Sports Illustrated just had to join the BudLight Woke Controversy. I suppose they could have put a Transgender on the cover. So it looks like they decided to stop short of that insanity and chose to put Martha Stewart who is 81 on the cover.
Elle McPhearson, known as the Body, really saw her modeling career take off after making the Sports Illustrated magazine’s annual Swimsuit Issue in 1986. She appeared on the cover a record five times: 1986, 1987, 1988, 1994, and 2006. Girls would line up with the hope of following Elle’s career desperately trying to make the cover of Sports Illustrated.
It is curious, but between the 1986 Cover of Elle & 2023 with Martha Stewart, it is shockingly precisely on time. And as for those who will speculate that Elle and I were somehow connected, her father was one of our Australian partners. No, I never dated Elle. The story that circulated in Tokyo was funny but completely exaggerated. Elle began a clothing line and sent me samples of her line of Men’s underway. That was the extent of that and some were claiming why would she be sending me men’s underwear It was her clothing line. That was it. Not personal shopping for my birthday.
Interestingly, that is an important cycle interval and the fact it is impacting Sports Illustrated is very disturbing. Yes, it was my famous off-the-cuff forecast that Authentic would win the Kentucky Derby back in 2020. It was a long shot, so they said. But It was the third Derby win for the Jockey John Velazquez. Yet Authentic became the first horse to win Kentucky Derby, Preakness Stakes, and Belmont Stakes in 37 years.
It was October 1986 when an agreement was then reached to meet in Reykjavík, Iceland, between Gorbachev and President Reagan limiting nuclear weapons. This October will be 37 years. In January 1987, Gorbachev called for democratization: the infusion of democratic elements such as multi-candidate elections into the Soviet political process. A 1987 conference convened by Soviet economist Leonid Abalkin, a key adviser to Gorbachev, concluded: “Deep transformations in the management of the economy cannot be realized without corresponding changes in the political system.” We are more likely to see the end of that and a turn back to nationalism in Russia as a consequence of this war instigated by the Neocons. That will be in 2024.
This is not looking good at all. The 5th 309.6-year cycle from the Fall of Rome in 476AD also comes due in 2024. I understand there are people who are trying to promote patriotism to retake the United States and return it to the days when agreements were honored and the Constitution stood for something. I appreciate those sentiments, but unfortunately, our computer says clearly that they will fail for without the PAIN, there is no REFORM = GAIN. Just as I have warned that these dark forces seeking to impose their totalitarian view of government will also fail. Neither side will prevail and we must simply CRASH & BURN and that is required if we are to recreate a new world post-2032.
Real Woman
This WOKENESS is simply part of the strategy to divide and conquer. Keep the people divided and they will not ban together against government. This entire Transgender insanity is very serious. There are only about 1.6 million people in the US who identify as Transgender. The US population is just under 335 million people. This is less than 0.5%. Yet, girls have been denied sports careers and mothers are no longer moths but birthing people. All because 1.6 million want to be called a woman so we can no longer define what is a woman. So those who give birth and reduce to just a birthing person. Again, all of this is to undermine our society and divide it so profoundly to ensure that we will never band together to restore the United States and the original intent of the Constitution.
In Thailand, the sex-change capital of the world, Ladyboys are very common. They do NOT call themselves “women” but refer to themselves as “ladyboys” and are everywhere. It is no big deal. If you meet a girl, you just ask if they are a ladyboy and they will simply reply yes or no. So why here in the USA do we have to change the definition of a “woman” to accommodate less than half of one percent? I don’t think calling my mother, hey birthing person of mine, has the same ring.
Just as former Supreme Court Justice Ruth Bader Ginsberg made clear, Roe v Wade was NEVER about women’s rights – it was about eugenics and reducing the population. This is ALSO behind this entire LGBQT movement to teach children even in 3 grade that they can choose to be LGBQT and push them to even change their gender. This is the same agenda as abortion – reduce the population.
Even more seriously, the climate change agenda. This is all about reducing our standard of living and there is no science behind this because they refuse to look beyond the mid-19th century so they can blame everything on the industrial revolution.
The only way for this Great Reset, which they have taken from our Economic Confidence Model predicting the collapse of our current monetary and political system come 2032, they are hoping to push us into a new age of totalitarianism. Civilization expands with warming periods, and it declines as we head into cold periods and darkness.
Armstrong Economics Blog/War Re-Posted May 16, 2023 by Martin Armstrong
I have said it countless times – the only way they will keep Biden in power is to enter the war. The US and all NATO nations have already unofficially entered the war by supplying soldiers and a blank check to Ukraine and attempting to nuke Russia’s economy by removing it from SWIFT and placing outrageous sanctions on individual citizens. Now, Zelensky is saying he believes Ukraine will achieve victory before the 2024 US Presidential Elections.
No one is going to “win” this war. Neither side can back down now without a full-scale global conflict. The US will likely officially enter the war before the 2024 US Presidential Election. Zelensky confidently stated that regardless of who wins our independent election, the leader of the free world (allegedly) will still support the war in Ukraine. He’s right! There are neocons on both sides of the aisle and no one will permit Trump to win even if the people elect him.
During Trump’s town hall meeting, the first-time people actually tuned in to CNN, he said that deaths on both sides could have been prevented. Everyone is talking about strategy and winning as if we are playing Battleship. Mothers are losing their sons every day, and human nature never changes. The Ukrainian mother mourns her son the same as the Russian mother, and neither had a say in this completely preventable conflict. DeSantis has also said that backing Ukraine is not a priority for the US. “We cannot prioritize intervention in an escalating foreign war over the defense of our own homeland,” DeSantis declared.
Trump ruffled feathers in Europe as president. He warned Germany that they were too dependent on Russian energy, and they laughed in his face. He threatened to exit NATO is other nations failed to pay their fair share. Trump is still standing firm on his position that the US has less to lose and has accused Europe on unfairly relying on the US. His former vice president disagrees, as Mike Pence, a potential candidate, as stated. “We support those who fight our enemies on their shores, so we will not have to fight them ourselves,” wrote Pence. UN Ambassador (the title gives it away) Nikki Haley also wants to continue fighting the proxy war in the US.
Democratic candidate Robert F. Kennedy is also against the war. Kennedy tweeted:
“In 2019 actor and comedian Volodymyr Zelensky ran as the peace candidate winning the Ukrainian presidency with 70% of the vote. As Benjamin Abelow observes in his brilliant book, “How the West Brought War to Ukraine,” Zelensky almost certainly could have avoided the 2022 war with Russia simply by uttering five words — “I will not join NATO.” But pressured by NeoCons in the Biden White House, and by violent fascist elements within the Ukrainian government, Zelensky integrated his army with NATO’s and allowed the U.S. to place nuclear-capable Aegis missile launchers along Ukraine’s 1,200-mile border with Russia. These were provocations that senior U.S. diplomats like post-WWII foreign policy architect George Kennan, former U.S. Defense Secretary Bill Perry, and former U.S. ambassador to Moscow Jack Matlock had long described as “red lines” for Russian leadership. Let’s face it, the Neocons wanted this war with Russia, just as they wanted war with Iraq. Listen here to NATO Supreme Commander General Wesley Clark describe how White House Neocons justified the Iraq invasion.”
I have posted the video he shared with this tweet at the top of this article. I have been criticized for analyzing Kennedy’s economic and environmentalist views, but I am not for or against anyone and would not write someone off simply because of their political party. I believe he is right in his views regarding Ukraine and COVID, although I may disagree with him on other items. Again, anyone against the establishment is going to have a rough time leading up to the election.
Everyone in the establishment craves war; hence, the machine will ensure that the US is positioned where they MUST enter the war. I wish I were wrong, but the computer has always been right. The War Cycle turned up in 2014 and only indicates a further escalation.
(image above represents shrinkflation — an additional burden to consumers)
Italy’s Industry Minister Adolfo Urso called for an emergency meeting to discuss the sharp uptick in food prices. Pasta alone is up nearly 20%, and this is a major problem in a country where 60% of residents report eating this item daily. Some provinces are seeing a 58% increase in this staple item. Siena, Tuscany, reported pasta rising from $1.50 a kilo to $2.37 a kilo within in a year. The European Central Bank stated that inflation reached 8.1% in March, so what is driving these food prices?
Some may point to wheat, the main ingredient, as the recent usurping of farmland and the Ukraine war had an impact on prices. However, wheat prices have actually declined in recent months. Durum wheat is down 30% since May of last year. The only other ingredient required to make pasta is water.
Coldiretti, Italy’s biggest farmers association, said that farmers are not seeing an uptick in revenue and are struggling to make ends meet. “There is no justification for the increases other than pure speculation on the part of the large food groups who also want to supplement their budgets with extra profits,” Assoutenti president Furio Truzzi told the Washington Post. Yet, food manufacturers are claiming that this spike in pasta costs in temporary and a result of pasta produced during the beginning of the Ukraine war and energy crisis.
This is not the first time that Italy has seen a rise in food prices. Italian authorities raised 26 pasta manufacturers in 2009 and fined the industry 12.5 million euros for creating what Reuters described as a “pasta cartel.”Around 90% of pasta makers in the country were in on the price gouging scheme that operated from May 2006 until May 2008, during which pasta prices rose 51.8% for retailers and 26% for consumers. Barilla, the largest pasta producer at the time, received the largest fine of 5.7 million euros.
Food inflation is a major problem across the world. In Italy, overall food prices rose 12.6% in April 2023, marking a slight decline from March’s 13.2% reading. This is unsustainably high. The overall inflation numbers put forth by government agencies are always the best-case scenario as they do not want us to see the true damage of inflation.
Those who see what is coming are beginning to resist the Great Reset. Ultimately, their plan to create a one-world government will fail but it will take firm resistance. As one reader mentioned, English residents of Oxford began protesting the 15-minute city concept in March. Thousands of people took to the streets to protest what they deemed a “Stalinist-style, closed city.”
Media agencies such as Politico are calling protestors far-right extremists. Yet thousands have joined the “Not Our Future” group to tell the global elite that they will not willingly surrender. Oxford’s city council agreed to implement these cities within the next 20 years. Reporter Mark Dolan said the “dystopian” city planning would create “”a surveillance culture that would make Pyongyang envious.” Tory MP Nick Fletcher called them an “international socialist concept” intended to “take away personal freedoms.”
Bloomberg News condemned the protestors as well, calling them “a case study in conspiracy paranoia.” They also called lockdowns a conspiracy before they happened. The plans for these cities are out in the open. Schwab clearly states his plan for the Great Reset in interviews, books, online writings, and conferences. He boasts about infiltrating cabinets across the globe. Every politician in recent years has had a big “BUILD BACK BETTER” logo on their podium. Everyone is suddenly pushing for the same non-existent issues such as creating legislation against naturally occurring weather patterns. It is in our faces, people. This is public information that the masses choose to ignore because it is upsetting.
As a reminder, here are some of the projections from the WEF for Agenda 2030:
All products will have become services
There is a global price on carbon
US dominance is over. We now have a handful of global powers
Virtual health assistants will replace human doctors
You will eat less meat
Refugees will be CEOs
The values that built the West will have been tested to the breaking point
Janet Yellen has become way too partisan to be a trustworthy government official. Since Biden now says he will nominate a Latina for Fed governor regardless if they are qualified or not is precisely why SVB failed for starters. Everyone just wants to be WOKE and hire people based entirely on their race or gender preference. SVB hired risk managers to check a box. Why is Yellen still there? She would be fired being a white over-the-hill official. Or is it that she is just like Biden and says whatever the people writing cue cards instruct her to say next?
All Yellen does now is illustrated if she had any economic qualification, she is either corrupted or senile. Yellen just preached that the Biden Administration should be allowed to spend recklessly and it’s all Republican fault about a default. She said that the US will default somewhere if the debt limit isn’t raised. How about we start with ending the Ukrainian black hole? How about the $3 trillion unaccounted for in the Pentagon budget?
Janet Yellen and Biden should not wear masks, they should be gagged. Yellen only claims doom and gloom and it is all the Republican fault. She said that they will have to renege on “some obligation, whether it’s Treasuries or payments to Social Security recipients,” if Congress fails to act. You can bet that she will default on Social Security before anything else to inflict as much pain on people and then blame the Republicans for the next election.
Neither Biden nor Yellen should be in office. They are spending recklessly with no regard for the economy or the American people. What they have given Ukraine would have paid off ALL student loans. They constantly screw the American people all for the agendas of the Neocons and the Climate Change zealots. Since the FBI infiltrated the Catholic Church because of this gender nonsense, all Catholics should go light a candle and pray for the United States to be spilt soon than later. It is rapidly approaching the time to just turn out the lights on this failed experiment.
Once upon a time, this was supposed to be a country run by We the People.
Let’s take a closer look at Accessory Dwelling Units (ADUs) that have been proposed for 15-minute cities. These small units are typically under 1,000 sq ft and were once considered secondary structures on an existing residential lot. Think of what we once considered “in-law suites” or guest houses. There are numerous designs for ADUs, but 15-minute cities will seek to create connected units to house as many people as possible. The exact plans for ADUs within 15-minute cities are shrouded in mystery, but we can ascertain what they have planned based on other proposed policies.
“You will own nothing,” as these structures will be built upon government and/or privately owned land for the people to rent. The 15-minute city is marketed as a futuristic town where everyone will live within 15 minutes of essential services. Some may say that large cities already meet this criterion, but the difference is that people currently have the ability to own their properties. Excess will not be possible in ADUs due to size. The World Economic Forum is also proposing more “micro-housing units” or “plug-in houses” that will be no larger than 500 sq ft. Cars will be unnecessary in these sustainable cities, as reducing fossil fuels and sustainability is the top priority.
Senseable City Lab analyzed 40 million mobile devices to analyze how and where people travel. The study backed by MIT found that people tend to travel 7 miles for essentials, which is much further than what is being proposed for 15-minute cities. Hence, the ADUs proposed for the 15-minute cities will be connected, one on top of the other, for this to work logistically.
Regulations and zoning restrictions need to be altered or dismantled for these cities to work. Another issue is equity and eliminating our “unfair” capitalistic societies where some have more than others. The C40 Knowledge Hub explains this premise to “build back better” in detail throughout their writings.
“In a successful 15-minute city, everyone would have the opportunity to live in a 15-minute neighbourhood. It is vital that cities prioritise 15-minute city-style investments for lower-income neighbourhoods and those that are most underserved, informed by the baseline mapping of existing amenities in each neighbourhood. Just as critically, take steps to ensure that existing local populations in those neighbourhoods are not displaced through the process of gentrification, or feel excluded due to changes to local identity. Cities should also pursue opportunities to build affordable homes and diversify the mix of homes within neighbourhoods.”
Equality in this manner does not meet the dictionary definition, as equality is intended to “prioritize the most underserved neighbourhoods and disadvantaged groups.” Hence numerous policies are being brought forth that penalize the middle class with taxes, shrinking the group that was once the bulk of modernized societies.
Sustainability, equality, and going green are cited as the main reasons to “build back better” with these 15-minute cities. However, the real motive here is control and power. They are discussing controlling everything, including food production. They are making it increasingly harder for the average person to obtain housing, whether it be rentals or owning. These AUDs will be brought forth as perhaps the only solution for permanent housing. Yet, they are making it clear that those dwelling in these structures will have landlords who may become overlords as the people relinquish all their freedoms to exist.
QUESTION: The rumor was that you were considering coming to London to hold a quick update WEC. Is there any chance of that?
WJ
ANSWER: You have good sources. Yes, I was considering that. Since the UK has insanely crossed Putin’s “red line” by sending Ukraine long-range “Storm Shadow” missiles to use in its fighting against Russia, I am not sure London is a viable place anymore. Ukraine is NOT trustworthy. Why do they need long-range missiles unless they intend to attack Moscow? Germany sunk the Lusitania because the US was secretly sending arms on passenger ships to London. Britain has made that mistake with Ukraine.
Britain has just put its own national security and its citizens at risk all for what? This war would NEVER have taken place if the West did not lie and simply honored the Minsk Agreement and let those people in the Donbas, which are Russian, not Ukrainian, decide their own future. That was OK for Kiev, but not the Russians?
Those in the Donbas had a basic human right to vote on their own future. This is a war against Russia to conquer it. Handing these missiles to Ukraine will provoke Russia and would even justify attacking Britain according to the basic rules of war. They use these to attack Moscow, and Russia would be justified to attack London. This is a BS war that was to destroy Russia from the start.
The British Defense Secretary Ben Wallace told lawmakers in the House of Commons that Storm Shadow missiles “are now going into or are in” Ukraine, but he did not say how many Britain was planning to send.
I love London. I miss it very much. But the British government is out of its mind putting all of Britain at risk for Ukraine? These people making these decisions are just Neocons who love war all the time.
Wars should be fought between leaders – not the people. Put them all in a room and let them sort it out and leave the people alone. But the truth is, your children are expendable. They risk NOTHING themselves. You mean less than nothing to these people. By their decisions, they prove we do NOT live in a democracy. For Wallace to unilaterally send those long-range missiles without the people’s approval shows he is not a trustworthy individual who should be in charge of even being a meter-maid for parking tickets.
So it does not look good for a WEC in London. I would have to ask my staff how they would feel.
Congressman Byron Donalds represents Southwest Florida CD-19; he comes from good stock. After the CNN attack townhall in New Hampshire last night, Donalds appeared on a CNN panel to discuss.
Prior to Donalds joining the panel, the six other panelists were echo-chambering their narrative talking points without rebuttal. Donalds put that nonsense to rest. However, beyond the epic pushback, notice how the panel reacts to having their narrative challenged; this should be very familiar to people.
Notice how when confronted by an opposing viewpoint the panel uses a familiar tactic. Instead of discussing the policy points, the issues at the heart of the policy positions, the panel instead begins to question the person confronting them. “Do you want Ukraine to win,” is one question. “Do you accept the results of the 2020 election” is another.
The CNN panel approach is to make the person pushing back become the issue, because the points raised are antithetical to their belief system. This method of distraction is straight from the Alinsky rulebook about debating opposition. Byron Donalds succeeds because he doesn’t engage the nonsense. WATCH:
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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
Centinel2012 