Tag Archives: Economic Collapse

Jun 1 2023

Debt Ceiling & War Crisis


Armstrong Economics Blog/Bonds Re-Posted May 31, 2023 by Martin Armstrong

When we look at our Computer’s timing arrays for the 30-year bond, it did show a target last week with a Directional Change. So far the market has held that low and has been consolidating. When we look at the Array, we do not see a crisis with the debt ceiling. However, the next Fed Meeting is July 25-26 and when we look at our Array, we see that is when there is a Panic Cycle.

There is NOBODY in Washington who is ever interested in actually paying off the debt. Even AOC has come out and said there should be no debt ceiling – just print until the cows come home, but that may be a problem when Bill Gates and the WEF want to kill all the cows.

In that regard, we are only making things chaotic. The government should just print the money and not borrow in the first place for they are competing with the private sector which is the ONLY real creator of worthwhile jobs.

Meanwhile, the Neocons are hoping to start a war with massive air drills in Europe going to even Church, which they do not believe in God, and lighting candles just in case he does exist to please make Russia attack. If not, hell, they will just say Russia attacked as they lied and claimed that Vietnam attacked us and Iraq had weapons of mass destruction. War is on the horizon and that is the MOST inflationary influence of all.

Jun 1 2023

Republicans 2024


Posted originally on the CTH on May 31, 2023 | Sundance 

A person who was a teenager when Obamacare was debated and passed is now around 30 years old.  Put another way, if you were 15 years old when We The People defeated Massachusetts Attorney General Martha Coakley with Scott Brown and took the Kennedy senate seat, you are about to turn 30.  Think about the context of modern Republican politics and time.

This context reminds us that a large portion of the generally distracted population has no foundational understanding of modern Republican politics.

This context is also the baseline behind ‘battered conservative syndrome‘.

You will never, not ever, see a professional Republican politician attack a Democrat with the same level of vitriol, hatred, bitterness and anger as they do toward their own base voter.

The Democrat party fears their base; the Republican party despises their base.  The truth of this very visible reality will never change. Professional Republican politicians are not ideologues to principle or policy; they are interested in one thing, money.  That’s it.

If you peel the core of any issue involving conflict with the Republican Party, you will find money at the center of it.  Current Democrat politicians focus on advancing an ideological agenda; they swing for the fences in an effort to maximize control and power.  Current Republican politicians are focused, to the detriment of all other facets, on their personal wealth.

When you introduce a newly elected ‘conservative‘ to the DC world of republicanism, it is like sending a new guy/gal into the room to talk policy, only to be met with every face around the table staring back quizzically and dismissively while replying, “We don’t do that here – we are talking about money.”

Once you reset the Schoolhouse Rocks mindset and accept this is the truth of the thing, then everything else that puzzled you about Republican politics reconciles.

Ballot harvesting doesn’t generate money, so why do it?  We can make just as much money in the minority railing against ‘them’, so why be focused on a majority?  Donald Trump is threatening the financial position of our benefactors, so we hate him.  These are the simple truths of modern Republicans.

This is also the context to look at the institutions of professional Republican politics (RNC, RGA, NRSCC, etc) as well as the politicians who operate inside the business of professional republicanism.   Defending the trough is the goal – nothing is more important.  Removing any threat to the billionaires and multinationals who feed the trough, is a priority.  If defending the money means eliminating a pesky conservative thinker, so be it – destroy them.  That’s where the bitterness and anger come from.

If we do not accept this reality, we are doomed to repeat the cycle of abuse.

We can never make a professional Republican a perfect sandwich that will stop him/her from abusing us. Quit trying.

With this in mind, and understanding the nature of our corrupt two-party system controlled by two private corporations, the DNC and RNC, Donald Trump selected the RNC as the best available option to bring a new set of economic priorities back to the forefront.

Making America Great Again is a threat to modern republicanism, because MAGA has a core America-First economic agenda that runs counter to the priorities of the Republican party. {Go Deep}

Every professional Republican politician who enters the 2024 race for the Republican nomination is working toward this goal.  None of them are working on any other goal.  The removal of MAGA from mechanics of the Republican Party is their mission priority.  There is no other higher priority, including election outcomes.

Monmouth has a new poll released yesterday [article here – data pdf here] that was taken just before and during the time Ron DeSantis launched his candidacy.

When you look at the results, you can see why the people managing the Florida governor pulled the trigger a little earlier than anticipated.

DeSantis was scheduled in a very clear and strategic roadmap to launch as the ‘last’ candidate in the 2024 race.  However, despite his national politicking and “book tour”, his support was dropping every week.  They couldn’t wait any longer out of fear the principal would lose all support and the 2024 effort would be useless before they even got out of the gate.

The background managers pushed DeSantis into the race, and now we will see the last set of professional Republicans follow.  Each candidate will have a role and responsibility on behalf of the party.

Chris Christie and Nikki Haley will team up to play the lead role in the party attack against Donald Trump.

Notice how we are not seeing any post-DeSantis announcement polling?   Ron DeSantis launched on May 23rd and May 24th.  Sometimes it is the absence of the thing that tells you a lot about the substance of the thing.

[Monmouth Article Here]

Why would a candidate at 1%, 2%, 3% etc., stay or even launch into the race?  Stop pretending.  They do not have any chance of winning and they are not in the race to win.  They are in the race to defend the interests of the professional Republican apparatus.

They are in the race to destroy MAGA and the American First agenda.

Yet pundits and battered conservatives demand the non-pretending people stop talking about the truth of it and maintain their illusion.

It is all nonsense.

Battered Conservative No More!

May 31 2023

Ukraine Preparing to Engulf the Entire World in Death & Carnage


Armstrong Economics Blog/Russia Re-Posted May 31, 2023 by Martin Armstrong

Some people have been sending hate mail claiming I am a Putin supporter. My advice to you is to grab a gun and go volunteer to fight for Zelensky.  ALL my sources have been screaming from the beginning that this Ukrainian war has been instigated by the US which has been taken over by a silent coup of the Neocons. Then some just hate Trump and are so blinded by it that they are walking into their doom.

Ukraine is out to create World War III. Russia has NOT been using military aircraft in Ukraine. They have only used missiles and drones. Ukraine has NO NEED for F16 jets other than to launch a war on Crimea to try to destroy the Russian fleet and they will use them to attack Moscow directly. They want the F16s from Briden but the long-range missiles from Germany. They are giving the Neocons cover so they can pretend that they did not supply those weapons to Moscow and when they attack a NATO country, then World War III will begin.

Get your head out of the sand. Wake up! Pull that COVID mask off of your eyes and get your head out of the sand.

You are taking your family down a very dark path.

Russia will have NO CHOICE but to protect its own people and that will be through Nuclear Confrontation

UKRAINE is the ENEMY of the Entire World – They Only Seek Death & Destruction

Had the Minsk Agreement Been Honored – there would have been NO war!

May 31 2023

South Africa Offers Putin Diplomatic Immunity Ahead of BRICS Summit


Armstrong Economics Blog/War Re-Posted May 31, 2023 by Martin Armstrong

The BRICS (Brazil, Russia, Iran, China, South Africa) alliance is stronger than ever. The 15th annual meeting will be hosted in Cape Town, South Africa, and government leaders are urging all to attend. However, the International Criminal Court (ICC) has an outstanding warrant for the arrest of Vladimir Putin and South Africa is a member state.

President Cyril Ramaphosa understands the importance of the BRICS alliance and considered abandoning the ICC entirely before backtracking on his stance. Instead of leaving the ICC, South Africa now declares that it will grant diplomatic immunity to Putin to permit him to attend. “It is hereby published for general information that the Minister of International Relations and Cooperation, in terms of section 6(2) of the Diplomatic Immunities and Privileges Act 2001, has recognised (the meetings),” the department said. The terms in the United Nations Convention should prevent the ICC from arresting Putin, who is considered a war criminal for the invasion of Ukraine.

Specifically, the ICC charged Putin “for the war crime of unlawful deportation of population (children) and that of unlawful transfer of population (children) from occupied areas of Ukraine to the Russian Federation (under articles 8(2)(a)(vii) and 8(2)(b)(viii) of the Rome Statute).” Commissioner for Children’s Rights in the Office of the President of the Russian Federation, Maria Alekseyevna Lvova-Belova, is also wanted by the ICC for the same charges. The Kremlin has denied that the deportations were forced and said that they were attempting to save Russian children living in Ukraine. Ukraine only entered the ICC in March of 2022, but numerous countries, including China and the United States, do not recognize “the court of last resort.” Lvova-Belova told news outlets that she was proud of her work in removing children from an active war zone. “It’s great that the international community has appreciated the work to help the children of our country, that we do not leave them in the war zones, that we take them out, that we create good conditions for them, that we surround them with loving, caring people,” she stated.

So, will Putin take the risk? On the one hand, his presence would signal that he is unafraid of international law. On the other hand, the Neocons would delight in an opportunity to arrest the Russian president to begin WW3. A country would need to be extremely careful to arrest the head of a country with nuclear capabilities in the middle of a war.

May 31 2023

Mexico’s President v Ron DeSantis


Armstrong Economics Blog/Politics Re-Posted May 31, 2023 by Martin Armstrong

President Andres Manuel Lopez Obrador (AMLO) of Mexico is asking people to vote for a candidate who turns a blind eye to the US-Mexico border crisis. It is out of character for a world leader to dictate to his constituents how to vote in a foreign election, but migrants will be voting in the upcoming election whether we like it or not.

AMLO previously had a cordial relationship with former President Trump. However, he is accusing the GOP of being “very hypocritical” for condemning illegal immigration. “[T]hose who persecute migrants, for those who don’t respect migrants, because a migrant – as it says in the Bible – deserves respect,” Mexico’s president stated. More specifically, he does not want people to vote for Ron DeSantis. DeSantis has promised to deliver on Trump’s promise to build a border wall, stating he will declare a national emergency on his first day in office if elected. “I hope that Florida Hispanics wake up and don’t give him a single vote,” said the Mexican president.

Cartels are bringing fentanyl into America, but AMLO insists they are not using the Mexican border as their Silk Road. “(DeSantis) also came out with the same thing, about fentanyl, thinking that he’d get votes with it,” AMLO declared. “Let him start to see, because fentanyl is arriving via Florida (which does not border on Mexico) and we have to be informing people so that they don’t offend Mexico, so that they learn to respect us.” Wishing for a deadly drug to plague your neighbor does not sound like something we would see in the Bible either.

Former President Vicente Fox famously told reporters, “I’m not going to pay for that f—ing wall!” and it seems AMLO agrees. Florida currently has one of the strictest laws in the US to prevent illegal immigration under S.B. 1718, which many call the “anti-immigration bill.” Yet there is a distinctive difference between legal immigration and breaking federal laws by illegally entering a foreign land.

May 31 2023

Byron Donalds and Chip Roy Are Furious About McCarthy Debt Ceiling Deal – House Freedom Caucus Says “NO”!


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

As details begin to emerge, many of the House Republicans are furious at Kevin McCarthy for the deal to lift the debt ceiling he has brokered with Joe Biden.

Suddenly, the prior battle and construct of the House Rules Committee is becoming important.   While Kevin McCarthy may have the 218 votes on the floor of the House to pass the deal, he first has to get it out of the House Rules Committee (HRC).  If three Republicans oppose it in the HRC, McCarthy cannot get it to the floor.  Chip Roy and Ralph Norman are on the HRC and oppose the bill.   Thomas Massie is also on the HRC but appears to be supporting Kevin McCarthy (lol, because muh principles).

Byron Donalds also delivered a strong rebuke of the McCarthy deal, as outlined below:

WASHINGTON DC – […] The powerful House Rules Committee will spend Tuesday afternoon debating and — ultimately working to pass — the bipartisan debt deal, requiring a simple majority of at least seven votes on the panel to come to the floor. But some conservatives, including Rep. Chip Roy (R-Texas), a committee member, have signaled they may use their power on that panel to block the debt plan from receiving a full House vote.

“I’m going to do what’s in the best interest and this bill is not in the best interest of the country. That is why Democrats are voting for it,” said Rep. Ralph Norman (R-S.C.), another conservative who sits on the Rules panel and has suggested he will oppose the bill during the panel’s meeting.

[…] Under the panel’s current makeup, Rules Chair Tom Cole (R-Okla.) can lose two GOP votes — along with all four Democratic votes — and still advance the bill.

Senior Republicans believe that’s exactly what’s going to happen, according to three people familiar with the discussions. Norman and Roy haven’t explicitly said they will oppose, though Massie is expected to vote in support of the measure going to the floor.

GOP Whip Tom Emmer (R-Minn.) said that he is “confident” that the bill will hit the floor on Wednesday, noting that Rules would be considering amendments. Members submitted more than 55 amendments to the debt deal, most of them from Republicans but some from Democrats as well. (read more)

Rep Dan Bishop: The bill is bad

May 31 2023

Porkulous – Ernst Rides with Ron


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

In the annals of Freudian graphic design, this apropos logo is one for the history books.

As one of the qualified Diversity Equity and Inclusion spokepeople for Mitch McConnell’s DeceptiCon group, Joni Ernst has always had a very specific role to play.  Today she announces Ron DeSantis is joining the porkulous parade, an apropos name for a pork-filled United States budgetary process that has replaced regular order since fiscal year 2008.

That is correct folks.  All of these debt ceiling arguments, continuing resolutions, stop-gap spending bills, and generally corrupt UniParty spending outcomes, are the result of congress dropping the budget process after fiscal year 2008.  For the past fifteen years in a row, specifically as part of the Obama ‘fundamental change’ process, the budgetary order in the U.S. government has been eliminated.

[SOURCE]

Everything associated with federal spending is a corrupt and arguably unconstitutional system of base-line budget growth, continuing resolutions, no budget constraints and debt ceiling increases.  The media like to play the budget narrative game without ever mentioning the source of the issue.

Can you think of a more apropos logo to represent the interests of Washington DC and the right-wing of the UniParty agenda?

Quite a remarkable and Freudian optic.

We are in an abusive relationship with our government.

I digress…

May 31 2023

Sea Island


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

Sea Island, GA, is a go-to place for those who operate in the background of U.S. politics. Similar in purpose to Jackson Hole, WY.  Sea Island serves as an East Coast meeting place where the globalists strategize and the paid for performance politicians are given instructions.

We do not have details. However, even for the exclusive Sea Island high security protocols, this notice is unusual. 

Given the timing, watch for news that follows.

May 30 2023

Biden on Gay Marriage (2006)


Armstrong Economics Blog/WOKE Re-Posted May 30, 2023 by Martin Armstrong

Politicians echo the popular opinion of the time to gain votes. They act in their own self-interest and do not care about the people. Joe Biden now prides himself of being the wokest president in American history, but those views are not his own. Biden in 2006 is a completely different person from Biden in 2023, highlighting his steep mental decline in recent years that prevents him from speaking clearly. “I can’t believe the American people can’t see through this,” Biden said in 2006.

Biden repeatedly states in this video that he firmly believes “marriage is between a man and a woman.” People can love who they want and society has progressed since this video. However, the current definition of progress has taken the gay agenda so far that it threatens basic rights for those in the gay community. We went from gay marriage to discussing childhood castration for kids who “feel” they are a different gender. There was gay and straight, man or women, and now we have 107 different gender identities. The website linked italicizes currently as there will be more than 107 in the years to come as people completely lose touch with reality. In comparison, there were only 72 genders to choose from last year.

There are endless issues facing our nation and the only reason they harp on the woke agenda and promote the CEI score is to create a cultural divide in America that has now become a cultural war. “We already have a law, the Defense of Marriage Act,” a clear-headed Biden said. “We’ve all voted — not, where I’ve voted, and others have said, look, marriage is between a man and a woman and states must respect that. Nobody’s violated that law, there’s been no challenge to that law. Why do we need a constitutional amendment? Marriage is between a man and a woman.” Biden admitted that no one was challenging anyone’s way of life and it was a misuse of Congress’ time to harp over such issues. Yet now something about LGBTQ comes up during every White House press briefing (Joe Biden never attends or addresses the people), and the nation is experiencing a mass mental health and identity crisis.

May 30 2023

The Real Hidden Agenda – It’s Time to take the Red Pill


Armstrong Economics Blog/Politics Re-Posted May 30, 2023 by Martin Armstrong

COMMENT: Martin,
I’m gay and I agree with you on this transgender drivel, especially letting male-born athletes compete in women’s sports. It is becoming scary for those of us who are just gay. We are being thrown in the same category as this transgender agenda. I too have been to Thailand. The Ladyboys in Thailand are numerous and are accepted in society. They are smart enough to not make a political issue of it as is taking place here in America.

As for your view of Trump as the only hope to save our politics, I profoundly disagree. I think he is arrogant and ignorant. He doesn’t care if what he says if it is true or not.

CP

REPLY: With respect to Trump, you have to separate the individual from the politics. I understand people hate Trump. The media have spread this BECAUSE he is a threat to the Washington political establishment. Nonetheless, not even Trump can stop the decline and fall of Western Civilization.

People get offended by his crude statements at times. But at least you know what he really thinks. Is it better for a career politician to say everything you want to hear and then look at you as a stupid fool and do the opposite?

I have worked in Washington. There is ABSOLUTELY nobody who is a career politician in either party who will really stand up for the people. They are under pressure all the time to conform to the unelected party bosses.

I have met many heads of state in my 40 years. I have said the truth. Trump was the ONLY such person who ever impressed me as actually being human. His statement that he wanted to bring our boys home from Afghanistan because he was tired of writing letters to their parents to thank them for their son’s sacrifice of dying for his country. He actually said what are we doing there? They are fighting over borders for a 1,000 years. What difference will we make?

No head of state EVER spoke about the people. It was always about their policy. I have come to see that we are just the pawns – expendable pawns at that. There are always more of us to come. They look down upon the people as stupid scum. This whole digital currency thing is to track everything we do.

So you may find Trump’s statement and his arrogance at times as distasteful. We will never find someone perfect. But all of this is irrelevant. For there is NOBODY coming on some white horse to save the day. Trump’s quality was that he was NOT a career politician and what he was doing was for his personal legacy from ending wars to building a wall to protect our borders.

So all I can say is to those who hate Trump so much, you better look closely at the others for they have nothing but contempt for you.


Back in the ’70s, I hired a death mute – Danny. He taught me sign language and we could communicate and laugh together. I had a major surgeon as a client and he said that he probably could restore his hearing. I offered to pay for everything for him and he declined. He was afraid to hear sounds. He grew up that way and was in his late 20s and did not want to change. He taught me that what I thought would be a generous offer was really just me thinking that normal was the ability to hear. We cannot judge others by ourselves.

One of our staff who is black, was rather upset about the whole Black Lives Matter movement. She explained that it was being usurped by non-blacks. There was clearly a strange agenda behind the curtain. Soros and his defund the police agenda was to create civil unrest and cause the country to get prepared for this one-world government.

Ruth Bader Ginsberg was the first woman to make it to the Supreme Court. She was an advocate for women’s rights. But she came out and explained that the entire Abortion Movement was a fraud. They called it women’s rights and have indoctrinated many women who passionately take that position. They have been cleverly manipulated by the Gates crowd and the Rockefeller Foundation for their real goal was to reduce the population. Gate’s father started the whole Planned Parenthood and placed them in minority areas to reduce their population on a racist basis.  Like his father, Gates has targeted Africa to reduce population.

Now, the total number of people who identify as Transgender is 1.6 million out of a population of 331.9 million (2021). That is 0.0048%. Now, how has this become such a major issue? There is absolutely NO WAY this Transgender group had the money or the clout to turn this into such a huge issue. Diving deep behind the curtain and you will find, just like abortion, it is being funded for the purpose of reducing the population – and has NOTHING to do with Pride or gay rights. They are being exploited just as women were told it was their right to have an abortion – kill that baby and save the planet.

This Transgender nonsense is in fact destroying the right of the Gay Community because they are being thrown in with this Transgender nonsense advocating changing children’s sex without parental knowledge all before puberty. Let’s get real here. This agenda is to promote the reduction in the population and has NOTHING to do with the Gay Community or their rights to inclusion and equality.

This is always the same strategy – manipulating society to achieve its undeclared goal be it war, politics, or women/transgender rights. It is like LIFE Insurance which is really DEATH insurance. They sell fire, accident, theft, and hurricane insurance. But they could not sell DEATH insurance so they called it LIFE insurance and people brag how much they have.

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Remember the lockdowns? The whole COVID nonsense was a scam to end commuting and terminate offices bringing in virtual work from home all to reduce gas consumption. That was also a manipulation of society for climate change – not for health. There are people still to this day wearing masks driving alone in a car. They have been mentally damaged by these tactics.

NOTHING is ever what it seems. We are the fools and they are always using sophisticated tactics to manipulate society to achieve objectives that they will never reveal.

It’s just time to take the Red Pill and wake up if you EVER hope to survive as a viable human being or take the Blue Pill and live in your fantasy that government actually cares about you.