Tag Archives: Economic Collapse

Oct 20 2023

Travelers will need Authorization to Enter the EU in 2024


Armstrong Economics Blog/War Re-Posted Oct 20, 2023 by Martin Armstrong

Be prepared as the freedom of movement will begin to decline as we move toward 2032. Starting in 2024, those traveling to Europe will need to apply for authorization through the European Travel Information and Authorization System (ETIAS) before their visit. The new regulations are called the European Travel Information and Authorization System (ETIAS). When the system launches in early 2024, it will require ALL visitors who currently travel to Europe visa-free, such as citizens from the US, Canada, Australia, and New Zealand, to apply for travel authorization and receive approval prior to their departure.

The authorization is not exactly a visa and does not require visa-like obligations to travel, the European Commission claims. The goal of ETIAS is to increase security within the EU as they can no longer identify the enemy. America and others have compromised their borders and there are many with ill will amongst us. They claim the length of time that Americans will be able to spend in Europe as a tourist is not changing, but how will anyone be able to travel outside their respective country during an ongoing global conflict? So US passport holders are allowed to stay up to 90 days within a 180-day period, but for any stay longer than 90 days, a special visa is required.

If you travel outside of your respective country, depending on where you live, you’re on your own. Biden has abandoned American naturals in Israel and Palestine, forcing those in Israel to take out a loan merely to travel to a neighboring country. Restrictions are rarely removed once implemented as the US saw after the Patriot Act was introduced post-9/11. Our ability to travel and move freely throughout nations is coming to a halt.

Oct 19 2023

Suspicious Trading – Did America Know Hamas Planned to Invade Israel?


Armstrong Economics Blog/Corruption Re-Posted Oct 19, 2023 by Martin Armstrong

It is no secret that politicians use their insider information to select stocks. A recent trade has raised eyebrows and raises the question of whether those behind the curtain knew that the Hamas attacks were coming, or worse, the whole thing was planned.

Josh Gottheimer is a Democrat Congressman from New Jersey. On September 25, Gottheimer just so happened to purchase numerous shares of Northrop Grumman Corp (NYSE: NOC) for around 425 per share. Northrop Grumman Corp also just so happens to be one of the largest military defense contractors in the world and it conducts the majority of its business with the US Department of Defense.

Hamas penetrated the Iron Dome two weeks later on October 7. The stock spiked 11% on the day of the attack and is trading a bit below 500 at the time of this writing. Lucky trade? Solid company? The trade itself doesn’t seem off until you look a bit closer. Gottheimer is also an overseeing member of the National Security Agency and Cyber Subcommittee, a branch of the Department of Defense that partners with all the three letter agencies and every branch of the military. As explained on their website, “NSA Cybersecurity prevents and eradicates threats to U.S. national security systems with a focus on the Defense Industrial Base and the improvement of U.S. weapons’ security. It also strives to promote cybersecurity education, research, and career-building.”

If this were a case of insider trading, it indicates that American intelligence agencies had been preparing for October 7. Again, no one has yet to discover how Hamas invaded what was possibly the most secure border in the world. Something does not add up here.

Oct 18 2023

Kissinger: Allowing Migrants in Europe was a Grave Mistake


Armstrong Economics Blog/War Re-Posted Oct 18, 2023 by Martin Armstrong

Where will the displaced people go when their homes are destroyed during this senseless war? No Arab nation has offered to take in Palestinian refugees. They fear the US and West knocking on their door too as the enemy hides behind the civilians. Henry Kissinger recently came out and said that Europe made a “grave mistake.”

“It was a grave mistake to let in so many people of totally different culture and religion and concepts, because it creates a pressure group inside each country that does that,” Kissinger stated. This comes on the heels of pro-Hamas, not pro-Palestine, protests emerging across Germany. In fact, violent protests are emerging across all of Europe. “The Middle East conflict has the danger of escalating and bringing in other Arab countries under the pressure of their public opinion,” Kissinger noted.

Egypt, Palestine’s neighbor, has made it clear that they will not permit their Arab brothers and sisters to enter. Egypt has deployed troops to its border with Palestine to ensure no one enters.  King Abdullah II of Jordan also said that refugees are not welcome. “There will be no refugees in Jordan and no refugees in Egypt,” the king stated. “That is a red line, because I think that is the plan by certain of the usual suspects to try and create de facto issues on the ground,” Abdullah added. He believes Israel is trying to send residents of Gaza toward the Rafah border.

“The whole region is on the brink of falling into the abyss,” Abdullah said. “All our efforts are needed to make sure we don’t get there. We have a common goal to prevent a conflagration in the region,” the chancellor said. “I once again expressly warn Hezbollah and Iran not to intervene in this conflict.”

Now Biden is heading to the Middle East to show others how weak our nation has become politically. Blinken wants to establish safe zones for the Palestinians across the Middle East, but the leaders there are saying NO do not involve us in your war. No Arab nation will open its border to Palestinians, but the West, with a completely different standard of reality, must do its part to accept people who do not fit in their society. And then those same people later chant that they want to see the very nations that accepted them destroyed.

Oct 18 2023

Why Was the 1987 Crash Important Even for Today


Armstrong Economics Blog/Training Tools Re-Posted Oct 18, 2023 by Martin Armstrong

COMMENT: I watched a pretend analyst who claimed the 1987 Crash was nothing. It is amazing how these people claim to be analysts yet do not understand the first thing about what took place behind the chart. I was there at your WEC in Princeton the weekend of the crash. I don’t remember if it was videoed. If so, you should post that.

Dan

See you in Orlando.

REPLY: Your statement is a sad epitaph on analysis these days. The “pretend analyst” is a Fed watcher who never looks beyond the shore. There is nothing you can do with these people. If they cannot look beyond a domestic economy, they are not analysts – plain & simple. Because I warned them back in 1985 that they would create a crash within 2 years by manipulating the dollar down 40%, when the Crash Came in 1987, that is when they were forced to call me.

When they began to realize that lowering the dollar by 40% also created a bear market in US assets for foreign investors, including US debt, they held the Louve Accord.  Yet, look closely at the chart. The dollar had already bun its decline. It had nothing to do with the central banks. Those in charge know less than the average investor. They proceed, always assuming they have power – but over what they do not comprehend.

They then announced that the dollar had fallen far enough. When the dollar continued to decline, that is when the market realized that the CENTRAL BANKS COULD NOT CONTROL THE WORLD ECONOMY. Once that took place, that is what unfolded as the 1987 Crash. My biggest accomplishment was to persuade the Brady Commission not to impose restrictions on the market when the formation of the G5 created the crisis. But the government will NEVER blame itself. The most significant accomplishment I was able to do was to get the Brady Commission to at least imply that foreign exchange had something to do with it.

The lesson of 1987 is NOT in the chart. It is behind the chart. Once the public realized that the central banks were not actually in control, that is when the panic took place. Today, when interest rates rise without the Fed’s actions because of the Neocons constantly threatening the world and China over Taiwan, that is when panic will strike. It all goes nuts once people realize that the government is just a ship of fools with ZERO sailing experience. That is when gold will break out. It is that CRACK IN CONFIDENCE that will cause the panic.

That is the Significance of the 1987 Crash

Oct 18 2023

European Commission Announces Triple Funding for Palestinian/Hamas Effort


Posted originally on the CTH on October 17, 2023 | Sundance 


EU President Ursula von der Leyen has pledged to provide the Palestinian/Hamas effort with $50 million in supplemental assistance to support the resistance effort against Israeli retaliation.

EU Announcement – “President Ursula von der Leyen spoke to the Secretary General of the UN António Guterres this afternoon, in the context of her on-going contacts with regional leaders.

Following this call, she said: “The Commission will immediately increase the current humanitarian aid envelope foreseen for Gaza by 50 million euros. This will bring the total to over 75 million euros. We will continue our close cooperation with the UN and its agencies to ensure that this aid reaches those in need in the Gaza strip. The Commission supports Israel’s right to defend itself against the Hamas terrorists, in full respect of international humanitarian law. We are working hard to ensure that innocent civilians in Gaza are provided support in this context.”

Commissioner Lenarčič said: “The Commission is doing everything in its power to provide humanitarian support to civilians in the Gaza strip. This tripling of EU humanitarian assistance will help ensure that civilians in Gaza can be provided with the basic necessities required. It is essential that safe and unrestricted access for humanitarian aid is ensured.”  (Read more)

Palestinian boys dressed in uniforms of Palestinian security forces and holding plastic toy guns take part during a rally marking “Nakba” in the West Bank city of Nablus May 15, 2011.
Oct 17 2023

Voters Making a Difference – Republican DC Members Scared to Vote Against Jim Jordan for Speaker, Wall of Opposition Crumbling


Posted originally on the CTH on October 16, 2023 | Sundance 

The media and punditry are saying it’s the pressure of Jordan, but really, it’s the pressure of the voters that’s scaring the crap out of the Republicans in the House.

The block of opposition to Jim Jordan’s nomination in the House is crumbling, as their phones, emails and fax machines are being lit up by voters demanding support and threatening a removal primary against any House member who tries to stand in the way of the people.

Jordan has vowed to take his nomination to a House floor vote and force the Republican Party to take a stand. This is a solid strategy that puts any no vote against the will of the electorate.

WASHINGTON – Twenty-four hours before the full House will vote on whether to hand Jordan the gavel, the Judiciary chair and his allies have managed to chip away at a significant bloc of opposition that many in the House GOP saw as insurmountable just days ago.

That includes two lawmakers who had publicly vowed not to support Jordan: Rep. Ann Wagner (R-Mo.), who had publicly railed against Jordan’s behavior towards Majority Whip Steve Scalise, and House Armed Services Chair Mike Rogers (R-Ala.), who had also backed Scalise’s bid and has been critical of the House Freedom Caucus’s tactics in recent years.

Another holdout, Rep. Vern Buchanan (R-Fla.), posted on X Monday that he would be “offering my support on the House floor” to Jordan. Buchanan, a senior member of the Florida GOP delegation, is another significant get, given three Republicans from the Sunshine state are still holding out.

Some House Republicans also raised eyebrows at the nod from Rep. Ken Calvert (R-Calif.), a senior appropriator who has been similarly skeptical of the ultraconservatives’ demands this Congress.

“I feel real good about the momentum we have and I think we’re real close,” Jordan told reporters Monday, vowing to take the contest to the floor at noon regardless of whether he’s formally landed 217 votes. (read more)

Y’all know how I feel about Jordan in general terms, but hopefully the MAGA base and President Trump’s influence can overwhelm the right wing of the Uniparty vulture.

Oct 15 2023

Darwin – Hitler – Transgender


Armstrong Economics Blog/Politically Correct Re-Posted Oct 12, 2023 by Martin Armstrong

QUESTION: Marty, it seems like this entire transgender stuff has been exploited. I agree that it was never an issue until someone pushed this in the face of everyone. Now, the UN is promoting transgender lesbians. Why would someone change their sex if they still like the opposite sex? This is becoming so confusing. If the transgenders are less than 0.5% of the population, then what is the UN spending money on this when it is probably 10% at best of this 0.5%? We have wars, and 8 to 10 million Ukrainians have fled Ukraine. However, transgender lesbians are still lesbians, which is more important than telling Zelensky to negotiate or try to resolve the Israeli-Hamas War.

You have said this is promoting an agenda to reduce population. Some suggest that this is all connected to the 19th-century European view that they were a superior race promoted by Hitler and the discrimination of races. This seems to be going over the top. Is all of this connected?

HS

REPLY: Many people have no idea about the connection between Hitler and Darwin and how the Nazis targeted the first transgenders. Darwin had a very profound impact on 19th-century thinking. Of course, there was the religious conflict of evolving from monkeys. However, this was also behind Hitler’s search for an ancient Arian Race to counter Darwin.

The idea of a superior human race existed in Europe during the late 19th century. It appears to have arisen after Charles Darwin’s 1859 publication of the Origin of Species. While many people have argued that there has never been a missing link discovered to support Darwin, they do not understand that this was ALSO the motivation behind Hitler’s obsession with a superior ancient Arian race to counter Darwin’s theory that we evolved from monkeys. It was very curious, for this ancient Arian race was promoted by people claiming to be scientists. This was also the origin of the Nazis hating Jews, and they began to view different races as inferior.

They even created human zoos as early as 1870. Darwin had set in motion this debate, and Ethnology studies emerged in Germany, taking an entirely new approach in the 1870s. They began to put humans on display, incorporating them into zoos. The scientists supported this as being educational. However, this was all about countering Darwin. These human zoos sparked many elite debates, but what emerged was the idea that Europeans had “evolved” into a superior race, and putting natives from distant lands on display in cages supported this idea.

These human zoos became the link between transgender and homosexuality. The first transgender operation was by Dr. Magnus Hirschfeld (1868 – 1935), a German physician specializing in sexology. He advocated for sexual minorities and founded the Scientific-Humanitarian Committee and the World League for Sexual Reform. This was said to have been the organization to have supported homosexual and transgender rights.

However, this concept of a mythical Arian race that existed in antiquity was a passion of Hitler, thanks to Darwin. Between May 1 and October 15, 1896, the Great Business Exhibition of Berlin occurred. It was there where this idea of an Arian race was made popular taking hold among some elites, for they created a human zoo as well where people from Germany’s colonies, such as New Guinea and Africa, were put on display for the visitors to gawk at.

The fascists targeted Hirschfeld and then the Nazis because he was Jewish but also gay. He was beaten severely in 1920, and in 1933, the Nazis sacked his organization and burned all his research and books. He fled Germany and was exiled to France, where he died in 1935.

I agree; this is all becoming so confusing it is hard to follow the logic of changing your sex to be still attracted to the opposite sex. Then there was the video of a guy who wanted to change his sex to be the first transgender to have an abortion. Nothing makes sense.

As I have said, Thailand is the sex change capital of the world. They do not demand that you can no longer define what a woman is, and mothers are now just birthing machines. In Thailand, they simply call themselves Ladyboys. They do not demand that everyone else must change pronouns and you cannot define what is a woman.

This transgender issue is turning up far more discrimination against this entire transgender agenda needlessly. It appears to be more directed at creating division than ending discrimination. It certainly has not reduced discrimination but it has increased it. Personally, I am offended to hear my mother is not a mother but some birthing machine. Now this offends the majority and that only leads to a backlash. This implies others have seized this issue for political reasons – not the gay community.

Oct 15 2023

Ardern Aftermath – New Zealand Elects Conservative Prime Minister Christopher Luxon


Posted originally on the CTH on October 14, 2023 | Sundance

You might remember in the aftermath of the ridiculous COVID restriction, when New Zealand Prime Minister Jacinda Ardern announced her resignation, the media downplayed the most likely reason, she -and her leftist Labor Party- was going to get crushed in the next election.   Well, exactly that just happened.

Ardern and the Labor Party previously won more than 50% of the New Zealand vote, today that result was 27%.  Jacinda Ardern, a favorite of the World Economic Forum and leftists in the globalist movement, led her party to lose half of their Kiwi support.  The Conservative Party in New Zealand, led by Christoper Luxon, have won the election.

(Via UPI) New Zealand’s conservative National Party soundly defeated the ruling Labor Party in elections held Saturday, paving the way for Christopher Luxon to replace Chris Hipkins as prime minister.

Hipkins conceded defeat after results came in showing the National Party scoring historic gains even across some of the most reliable of Labor districts in the country.

With 99% of the vote counted, the National Party had garnered 39% of the vote, while Labor managed only 27% after getting 50% in the previous election. The Green Party, meanwhile, nabbed 11% and the small-government, libertarian ACT Party collected 9%.

The National Party will forge a governing coalition with the ACT Party, which between them total 61 seats, the barest possible margin to govern in New Zealand. (read more)

Ardern unexpectedly stepped down as prime minister in January, saying she no longer had “enough in the tank” to do the job justice.

Oct 13 2023

When It Comes to U.S. Intelligence Community Claims, ie. Egypt Warning Israel, Apply Strong Cynicism


Posted originally on TCTH on October 12, 2023 | Sundanc

Apparently, some people have forgotten that American citizens are in an abusive relationship with our government.  A government that has demonstrably lied repeatedly and used the official institutions of the U.S. intelligence apparatus to do so [See reference of 50 former intel officials claiming Biden laptop was Russian disinformation].

So, allow me to walk through the process of the story attributed most recently to House Foreign Affairs Committee Chairman Mike McCaul, as relayed to him by DNI Avril Haines, an Obama operative inside the Biden administration, and broadcast to media.

McCaul claims the US Intelligence Community know that Egypt warned Israel of the pending Hamas attack.  Everything about this is sketchy in the extreme.  Senior Egyptian Intelligence officials state, without qualification, that such a warning never happened {link}, and Bibi Netanyahu has said it was fake news {link}.  I believe President Fattah Abdel al-Sisi and Prime Minister Netanyahu – here’s why.

First, don’t forget the geopolitical motives to disparage and diminish Egypt after they recently joined the BRICS economic alliance.

Second, don’t forget that following Obama and Clinton’s ill-fated attempt to install a Muslim Brotherhood leader in Egypt, Mohammed Morsi, General al-Sisi was forced to stop the Islamist Spring in Egypt.  That put Sisi on the opposite side of Obama, and years of manipulative disparagement ensued.   However, Sisi put his commitment to eradicating extremism -like Hamas- into action, not mere words {GO DEEP}.

In 2014, Sisi began destroying Hamas tunnels into Gaza from the Sinai region of Egypt.  {link} This was not a small task, as it was discovered that one-third of all buildings in the region contained tunnels into Gaza that were being used by Hamas terrorists. {link}  At the time, we called them al-Qaeda and ISIS, but they are all various factions of the extremist sentiment espoused by the Muslim Brotherhood.  Sisi kicked the Brotherhood out of Egypt {link}.  They fled to Qatar.

In retaliation, in early 2015 Hamas and the Muslim Brotherhood put a fatwah on al-Sisi and called for Jihad against Egypt {link}. Against the backdrop of the first border opening between Egypt’s northern Sinai and Gaza, and against the ongoing efforts by the al-Sisi led coalition to move toward peace between Arabs and Israelis, the extremists strike back in 2017 with a horrific terrorist attack against the Al Rawdah mosque in Bir al-Abed, west of El Arish, the main city in North Sinai. 235 people were killed and hundreds more wounded {link}

Qatar has been a source of historic extremist and terrorist related problems for the Gulf Security Council and aforementioned Gulf States.

Here’s some historic background for context:

  • Qatar was the intermediary used by President Obama for covert arms and monetary transfers by the Obama CIA and Obama/Clinton State Department respectively.
  • Qatar was also the chosen home for detainees when President Obama released the GITMO terrorists.
  • Most importantly, however, is the relationship between Qatar and the Muslim Brotherhood.  When Egyptian President Abdel Fattah al-Sisi named the Muslim Brotherhood a terror organization, their leadership fled to safe harbor in Qatar.
  • {LINK}
el-sisi in Saudi

Egyptian President Fattah al-Sisi then began a months and years long assembly of Gulf Arab states (Gulf Security Council) to boycott Qatar, cut all diplomatic ties, and isolate them until they renounced terrorism and stopped providing safe harbor for extremists.

Eventually, Qatar acquiesced and sent the Muslim Brotherhood to Turkey.

President al-Sisi then asked Interpol to watch carefully and notify him if the Muslim Brotherhood were ever allowed to leave Turkey.  [Yeah, al-Sisi is a badass like that]

Recep Erdogan gave the Brotherhood safe harbor in Turkey.  Turkey is not an ally when it comes to the elimination of Islamic extremism.

al-Sisi’s record fighting against Islamic extremism is not in question.  He is a man who has seen the devastation created upon his people,and he has taken action- not words – to stand behind his effort.   The Islamists hate al-Sisi with a passion.

If Egypt says they did not warn Israel, I believe them.  If al-Sisi thought Hamas was going to launch a serious attack, he would have called Prime Minister Netanyahu directly. Both leaders say this did not happen.

Western, U.S., intelligence is saying that Bibi was warned by Egypt.  However, Egypt denies this.

With everything we know about U.S. intelligence operations, and considering their ideologues in the intelligence community have Obama/Biden motives to undermine Benjamin Netanyahu and install a controllable regime in Egypt, there’s no reason to believe this is not manufactured political intelligence intended to weaken Netanyahu at a moment of vulnerability.

In the world of the Obama ideologues, they “never let a crisis go to waste,” even when it involves the massacre of innocent men, women and children.  If they can undermine Netanyahu, to the benefit of their pro-Iran agenda, they will.

Do not forget all of the efforts the Obama/Biden team put into creating a crisis in the Israeli political system, and activating all resources to manipulate the public, and align with the opposition party inside Israel.

Mike McCaul is a useful idiot Republican, a member of the professional DC class of UniParty loyalists.  He’s not on the intelligence committee, yet as the Chair of the House Foreign Affairs Committee, he received a “non-classified” political briefing alongside the Biden White House.  Think about that scenario.  Think internal tradecraft.

McCaul then did exactly what the tradecraft operators would expect him to after a “non-classified” briefing, he went to the media.  Duh!  Can you see it now? 

We are being manipulated.  We need to break this cycle of abuse via propaganda, by reminding ourselves about the history of how we have been abused.  Do not support the goals of those in the U.S. government who are aligned in sympathetic cause with the jihadists.

Lastly, I support the current efforts of Israel because: (a) they are targeting the correct enemy, and (b) because I disagree with the fundamental Muslim Brotherhood proposition that I should be killed.

Mike McCaul is a useful idiot!

Oct 10 2023

Canada’s Governor General Spends Six-Figures on Dry Cleaning


Armstrong Economics Blog/Corruption Re-Posted Oct 9, 2023 by Martin Armstrong

The Office of the Secretary to the Governor General has managed to spend C$117,566 on dry cleaning services over the past five years. Rideau Hall spends around $1,800 monthly on dry cleaning and expenses it all so Canadian taxpayers foot the bill. There is an in-house staff on the payroll that takes care of chores such as laundry. How selfish as Ukraine could have used that money to put Zelensky back on the cover of Vogue.

“When I spill half the Pizza Hut lunch buffet on my white work shirt, I don’t stick the company I work for with the dry-cleaning bill and neither should the governor general,” said Franco Terrazzano, CTF Federal Director. “This is another perk the governor general enjoys that struggling Canadians can’t afford.” Obviously, this money is going into his pockets. These politicians are known for living a luxurious lifestyle as public servants.

Canada’s elite certainly don’t look like fashionistas, yet this is common. Governors General Julie Payette and Mary Simon spent over C$88,000 on clothing using tax dollars. They earn around C$351,600 annually but somehow the people are responsible for their personal items. Payette used federal funds to purchase a C$3,000 black velvet dress lined with silk. She purchased several suits for over C$2,000 a piece, a special order vest for C$1,800, and new boots for over C$1,000. The Office of the Secretary to the Governor General (OSGG) is provided with a large budget of C$130,000 to spend on clothing every five years.

Why on Earth should Canadians be paying to dress politicians? Don’t get me started on the C$55,000 Trudeau expensed for groceries in 2022 when Canadians were facing record-high food prices. They already have a hefty salary and perks galore. These politicians feel entitled to spend your money on their personal shopping sprees. The average person will never have such an extensive closet, but the average person is paying for their elected officials to live lavishly. Rules for thee but not for me.