Armstrong Economics Blog/Uncategorized Re-Posted Aug 9, 2023 by Martin Armstrong

QUESTION: Mr. Armstrong, We met when you came to lecture here in Poland. Everything you warned about has unfolded right down to a dollar high in 2022, followed by a low in 2023. The majority now are against the government. We, too, fear that the election may be rigged later this year. Putting all these troops on the border with Ukraine, which includes 40,000 Americans, has raised grave concerns that our government will cross the border in hopes of getting Russia to attack our troops to justify NATO invoking Article V. Some are starting to wonder if our government needs to get Russia to attack us to suspend elections as Zelensky has done in Ukraine.

What do you see for Poland ahead?

Aleksy

ANSWER: Yes, it has been quite a while. Thank you for recommending Krakow. It was beautiful. Loved the architecture and vast square. I know the concerns there about the upcoming elections. We have a Panic Cycle in November. I am also aware of the idea of Polish troops crossing the border and taking the Western portion of Ukraine, which used to be their territory. Putin has warned about this, but the Western press calls it misinformation and Russian propaganda. Then you have Yevgeny Prigozhin in Belarus with his eyes on Poland. Your government is indeed pushing the envelope.

The risk remains that the greenback will rise into 2027, which seems to be more on the threat of war. You have Poland, Lithuania, and Estonia with severe concerns about Russia retaking the region. The Russian people are not really interested in that. Much of that propaganda has been spread by the ISW and NATO, which is desperate to remain relevant.

I think Zelensky’s days are numbered. If he is assassinated, it will be for what he has done to Ukraine. The social media in Ukraine shows funerals and images of the dead. The kill ratio is 5 Ukrainian soldiers to even one Russian and that comes from Ukraine – not Russia.

Ukraine is losing badly. That is my concern that the Polish/American Troops will cross the border begging for Russia to attack them so they can indeed invoke Article V. The share market is going to roll over. Closing below last week’s low should spark a correction, and the volatility should start next week.

Insofar as this election being rigged, I appreciate the concern. Poland will reach a critical turning point on October 26th, 2023, which is now 34 years from the overthrow of communism on June 4th, 1989. There should be a shift in politics; ideally, the present government should lose. That remains to be seen.

We seem to be begging to start another proxy war against Russia in the middle of Africa. There was a coup overthrowing the government, and you have people chanting chanting “Wagner” and raising Russian flags. The whole problem has been the Neocons and their private propaganda machine, the ISW, keep projecting that Russia is weak and they can take it down. Russia can manufacture all the weapons it needs, and it is one of the wealthiest countries on the planet regarding natural resources. These people are putting out fake news to encourage war, telling everyone the West can win.

This is more akin to the US Civil War, where the North had all the capacity to manufacture weapons, and the South had been primarily an agrarian society. The South needed money and supplies from Europe.

Secretary of State William Henry Seward (1801–1872) for the North was deeply concerned that no foreign nation would intervene in the conflict on behalf of the Confederacy. Russia came to Seward’s aid to protect the US from a European invasion. Russia sent its warships to protect New York City and San Francisco in 1863 against the British and French, who perhaps considered the American Civil War an opportunity to conquer the United States.

In contrast, the Confederate diplomats desperately attempted to convince the stronger European countries to come to their aid and intercede on their behalf. These diplomats were successful in helping to convince Great Britain and France, two European countries that had much at stake in the outcome of the American conflict, to legally confer belligerent status upon the Confederacy, which recognized it as a nation engaged in war. In other words, they recognized the South as independent. In contrast, today, the West refuses to grant that to the Donbas in Ukraine despite the Minsk Agreement and the fact that the people there are Russian, while Ukraine outlaws their language and their religion.

In fact, Abraham Lincoln drew his Emancipation Proclamation taking the actions of Tsar Alexander II (b: 1818; 1855–1881), who issued his own Emancipation Manifesto on March 3rd, 1861, emancipating 23 million Russian serfs. American abolitionists cheered his action and pushed for Lincoln to do the same, which he finally did on January 1st, 1863. Russians were actually shocked when the American states descended into armed conflict over the issue. In Russia, the serf owned nothing, and they were not happy. They embraced Marxism, and the first Russian Revolution followed in 1905, 43 years later (8.6/2).