Tag Archives: Economic Collapse

Mar 15 2023

There no such thing as Random Walks in Markets or Economics


Armstrong Economics Blog/Economics RE-Posted Mar 15, 2023 by Martin Armstrong

COMMENT: Marty, I really cannot thank you enough. Socrates called yesterday as the turning point and it was the strongest one of the week. We got the bounce when everyone was in a panic state claiming that the Fed would not have to lower rates. They really do not understand central banks as you alone have explained many timers. There was no way the Fed would lower rates and undermine its credibility by suspending its inflation fight now, That would blow all credibility and lead to panic for sure. The Fed will not change because of SVB for that would undermine financial stability completely.

I am not sure just how much Socrates helps traders and society.

Paul

REPLY: I do realize that Socrates could run the economy far better than any human. It is my hope that it proves itself over the course of now and 2032 and that people will look back upon these forecasts and at last comprehend that there is truly a hidden order in what people think are just random walks.

Here is the Array published on March 1st. It forecast the high for the 6th with a turning point, a Panic Cycle for the 9th, and then the turning point on the 13th for a low. This was clearly published in advance of the SVB failure. This raises the question, how can a computer possibly predict such a Panic would take place on the 9th long before anyone heard about SVB? This is NOT my personal opinion. You do not see me running ads saying this is the guy who had forecast whatever. Socrates has taught me a lot about market behavior.

Just as Edward Lorenz ran what appeared to be random weather data into a computer and out came the most perplexing image of a hidden order that existed in what the human eye could see only randomness.  He became the father of Chaos Theory, which to this day, prevents us from seeing the future as part of a pattern that has been set in motion.

My real hope is that the world will come to recognize that there is a hidden order to everything that most are blinded by the appearance of randomness – chaos. We need to understand how everything worked if we are to reconstruct a new form of government after the great collapse of governments post-2032.

NOTHING is RANDOM – That Cannot Exist

Mar 15 2023

Pi Day Contributions


Armstrong Economics Blog/ECM RE-Posted Mar 14, 2023 by Martin Armstrong

COMMENT: Pi Day history compliments —-
On March 14, 1883 KARL MARX MADE HIS MOST IMPORTANT CONTRIBUTION TO MANKIND . . .
HE DIED.
Happy Pi Day!

SR

REPLY: Also, Albert Einstein was born in Ulm, Germany, on March 14th, 1879.

Mar 15 2023

Real Wages Drop Again as Inflation Continues to Outpace Pay Increases


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

Knowing, not predicting – knowing – the Biden economic policies were going to create massive U.S. inflation in the years to follow, in 2021 I pinned a tweet thread to the top of my timeline on the CTH Twitter account that could be used as a reference. [You Can Read Here] Not a single month of statistical data has come in the past two years that was not entirely predictable.  Today’s report from the Bureau of Labor and Statistics (BLS) [DATA HERE] is no different.

Inflation is a measure of the change in a price. It is usually presented in terms of a percentage of change. When inflation starts to lessen, what that means is the rate of the price increase slows down. The price is still going up, but at a slower pace.

February prices overall increased 0.4% for the month, putting the current rate of annual inflation at 6.0%.  Meaning prices (on aggregate) are 6% higher than this exact same time last year.

Meanwhile, wages increased 0.2% for the month, and hours worked dropped 0.3% [DATA]. Wages only rising by half the rate of prices, and hours worked dropping, means the net ‘real wages’ declined, yet again, by 0.4%.

Workers are going backwards.

The very real impact on the working class is getting worse.  The blue collar team, who works for a living and does not take Instagram pictures of their lunches, are getting crushed in the Biden economy.  The divide between the ‘haves’ and the ‘have-nots’ is getting wider.

Put another way, Team MAGA, the entire continuum of normally apolitical working class, is watching the rust growing and feeling the worst part of the Biden economic outcome.  I have often spoken in my immediate circle of influence with the phrase, “financial anxiety is a very real concern the closer you get to the laundromat,” and many people have no idea what that means.

The biggest BS statement of the day goes to CNBC with this sentence:

“Inflation began rising in early 2021 due to a supply-and-demand imbalance. Now, it’s largely fueled by strong demand for labor, economists said.”  (link)

I challenge you to find a more encapsulating pile of horsepucky that represents the financial media era of great pretending.  When I read stuff like this, I begin to think the next great eruption of a violent war is getting even closer, and this war will have nothing to do with nations.

Our current inflation crisis is directly related to the western aligned intentional Build Back Better/Green New Deal, climate change policy decisions that have destroyed energy production and created massive increases in energy costs.  Those costs go everywhere and drive up the unit price of all goods and services.

Nothing about the Biden economic plan, which is really an extension of the collective WEF economic plan, has anything to do with ordinary supply-and-demand imbalances – other than the forced and intentional destruction of oil, coal and natural gas development.

The WEF climate change energy policy is destroying the U.S. economy, creating pain for all U.S. workers and consumers, driving up prices and doing the same thing in every western country that is following it.

Mar 15 2023

Action Alert – List of States Where “Money” Is Being Redefined and Non Govt Issued Cryptocurrency Is Being Banned


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

Last week, South Dakota Governor Kristi Noem broadcast a warning on the Tucker Carlson show about a bill that passed her State House and Senate that she was forced to veto because it changed the definition of money and banned non-govt-issued cryptocurrency like Bitcoin. {Broadcast Warning Here}

The bill stems from the generally innocuous Uniform Commercial Code (UCC), which Daniel Horowitz describes as, “a set of standards to facilitate interstate sales and commercial transactions such that all definitions pertaining to such commerce are uniform and clearly understood.”  It looks like Horowitz was the first to transmit the public warning, as identified by two members of the South Dakota House Freedom Caucus, and then Kristi Noem became aware – thus the veto.

Governor Noem warned that the bill was already passing through several states, and if you look at the UCC Amendment tracking page [DATA HERE], she is correct.  The states in green on the map below are states where the UCC revision bill has already been introduced.

As Daniel Horowitz notes in his initial warning dated March 2, 2023:

“The revisions to Article I are very clear now that Bitcoin will not be money, because even though the definition provides for electronic money … it says that an asset that is adopted by a government as its medium of exchange will not qualify as money … if the electronic asset, such as Bitcoin, existed before it was adopted by the government. So Bitcoin, of course, exists today; it existed before El Salvador adopted it as its currency … so it will never be money for UCC purposes. The same for other kinds of crypto currencies.” So there you have it. Officials clearly mean to pave the way for CBDC while explicitly barring all competition. (more)

This is obviously alarming.

Additionally, with the timing of this national revision taking place very quietly; and with the failure of SVB and Signature Bank following a few weeks later; and with specific impacts to the cyptocurrency market; one is left wondering if the current bank “failure” and Biden team intervention was not an intentional crisis with a motive to push government controlled central bank digital currencies into the mainstream.

In essence, was the SVB banking collapse, a designed crisis?  And as a result, was the federal government response predetermined and just waiting to be triggered?

When asked last week why her legislature would do this, Noem responded the state politicians likely did not read the bill as it was constructed by lobbyists.  Noem is exactly correct and hits on a subject we have discussed here frequently {GO DEEP}.  However, one of the more alarming aspects to Noem’s discussion of the issue is that around 20 other states are considering similar legislation.  WATCH:

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Mar 15 2023

Speak Up for the Kids!


Posted originally on the CTH on March 14, 2023 

I stumbled across this podcast this morning. Missy Robertson, Kirk Cameron, and Riley Gaines (representing Bethany Hamilton, the surfer who lost her arm in a shark attack) had an appearance at the Hendersonville, Tennessee public library last week. They were to read children’s books they’d written for Brave Books, stories based on faith-based principles.

The staff did everything they could to disrupt the event, and according to Missy, kept the parents and kids in line outside in the freezing rain when they could have formed the lines inside the library.

As Missy says, for the sake of our children, our grandchildren, we must make sure our voices are louder than theirs. I’m quite sure Drag Queens would have been given the red carpet treatment.

At the very least, the must be taught that we will not give up our Constitutional rights and that they, government employees, have no right or ability to restrict them.

Please share, and contact the Hendersonville Library, and the Library Board and commissioners. If you are nearby, perhaps you could even attend, and film. It would be great to hear from some Treepers.

Mar 14 2023

The Ukraine People Must Overthrow Zelensky to Save Their Country


Armstrong Economics Blog/Ukraine Re-Posted Mar 14, 2023 by Martin Armstrong

This is the former adviser to Zelensky, Alexey Arestovich, who quit in protest. He has publicly stated that “The west deceived Russia. They promised not to push NATO to the east, and they did. They turned Ukraine into a huge anti-Russian country. If I was in Russia’s shoes, I would have done the exact same thing.”

The West’s Neocons have exploited Ukraine to wage war against Russia, for the sole reason they hated Russia, and even with the fall of the USSR, they have never changed their views. They tried to stop Reagan from meeting Gorbachev. I found myself back in 1999 to seize control of Russia by having the bankers, led by Edmond Safra, blackmail Yeltsin to step down and hand Russia to the boy, Boris Berezovsky. They tried to get me to invest $10 billion into their Hermitage Capital Management. When I refused, even Boris tried to call me to persuade me to contribute to their cause. When I refused, Edmond stole $1 billion I had on deposit at his bank and the NY press supported the Neocons, as always.

Ironically, they began their manipulation of Ukraine in 2014. It was the Neocons, not the CIA with this plot. John McCain was there meeting even with the Neo-Nazis in public and promising the crowd that America will stand with them if they overthrow their government – Regime Change has always been their agenda. It has NEVER worked out even once – Vietnam, Iraq, Syria, Cuba, and Ukraine just to mention a few.

Mar 14 2023

Toxic Currencies – Good for the Yuan


Armstrong Economics Blog/China Re-Posted Mar 14, 2023 by Martin Armstrong

The Chinese yuan has out-traded the US dollar by volume for one of the first times in recent Russian history. The dollar was king in 1991 when the Soviet Union collapsed, but that is no longer the case after Moscow branded the dollar a “toxic currency” along with the euro. Toxic currencies accounted for 87% of exports from Russia at the beginning of 2022, but this figure fell to 48% by the start of the new year. The Bank of Russia has reported that the proportion of USD/ruble pair in exchange fell to only 36% in February. The central bank is calling this a “broad structural transformation of the Russian economy.”

As “unfriendly countries” and their “toxic currencies” band together, those on the outskirts are winning. China has become the new go-to country for new trade partnerships as it bypasses Western-imposed sanctions. Toxic currencies represented 46% of imports in December 2022 but were at 65% in January 2022 before the war. In contrast, the yuan’s share rose from 4% to 23% during that time.

Those who were previously shunned from the big table are now pulling up a chair to discuss economic prospects with China. This will make it much easier to phase out toxic currencies because more people are willing to accept the yuan. The confidence in the yuan is growing. Everything occurring may seem odd, but it is precisely on target. As I mentioned in my report “China on the Rise,” China will dethrone the United States to become the world’s leading economic powerhouse by 2032. It’s just time.

Mar 14 2023

Where to Go?


Armstrong Economics Blog/Forecasts Re-Posted Mar 14, 2023 by Martin Armstrong

A lot of people have been asking where to go, what bank is safe, and what’s next? This is by no means over. The fiscal mismanagement is off the charts and we have a major clash with the Marxist views of the Democrats who always want to punish the rich and then ask them for funding. Only in the Democratic Party can you have a $ 10,000-a-plate fundraiser and preach how evil inequality is and that the rich must be held accountable.

Those who keep calling for a gold standard are clueless. To have a return to balanced budgets means that the Democrats will have to completely reform. They DO NOT know how to govern without class warfare. Politics has deeply divided the United States to the point that the only reasonable solution will be to separate between the blue v red. As Lincon said, a house divided cannot stand. That is becoming so obvious that there will come a day soon when that will be the case. There are over 30 civilizations that have come before us. Every single one has collapsed. We are merely waiting for our 15 minutes in the spotlight.

We must understand that things are far worse outside the United States geopolitically thanks to the Neocons who have done nothing by conniving endless wars. They are ruthless evil people who have no problem sacrificing your family for their political aspirations. Short term, as they create World War III, the dollar will be the strongest currency as capital always flees from a conflict. We really need to IMPEACH Biden, because he is a dangerous puppet who reads whatever the Neocons write on the cue cards. Then we really need to launch an investigation of these Neocons who have usurped US foreign policy for decades and are never held accountable.

Now, many people have asked what is a small bank. They are typically local regional banks. The problem is if they just make decisions based on the talking heads on TV, then they will face tremendous problems ahead. To be diverse, for now into 2024, you may want to look at US T-bills 30-day to the 90-day max. Not every bank is in trouble. You should ask if they publish their portfolio. The big risk is that money was basically free, and they were investing that long-term. But as rates have risen, they have suffered losses.

Mar 14 2023

Republican Candidates Respond to Tucker Carlson Inquiry About Ukraine Policy


Posted originally on the CTH on March 13, 2023 | Sundance 

Steadfast!

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

Mar 14 2023

Speaker McCarthy Says He Will “Slowly Roll Out” J6 Video to “Every Individual News Agency”…


Posted originally on the CTH on March 13, 2023 | Sundance

Appearing on Sunday Morning Futures with Maria Bartiromo {Direct Rumble Link HERE} House Speaker Kevin McCarthy was asked about the January 6 video. He said, “we will slowly roll out to every individual news agency, they can come see the tapes as well,” and explained that Fox News had to go to the House to review the footage.

The questioning about this process starts at 10:55 of the video below. The main issue raised by everyone is, why doesn’t the House just post the video to a platform and let people go review it themselves?  Has anyone heard a good explanation for why this is not possible?  WATCH:

Posted in 1st Amendment, 4th Amendment, 6th Amendment, Big Government, Big Stupid Government, Decepticons, Deep State, Dem Hypocrisy, Dept Of Justice, DHS, FBI, Kevin McCarthy, Legislation, media bias, Notorious Liars, Professional Idiots, propaganda, Uncategorized

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