Tag Archives: Economic Collapse

Jan 26 2023

NATO the Greatest Threat to Civilization


Armstrong Economics Blog/War Re-Posted Jan 26, 2023 by Martin Armstrong

COMMENT: Hi Marty,

I wonder if the downside of the US occupation of Europe since WW2 and US subsidization of military aid has produced a culture of pacifism. Germany’s reluctance to supply tanks to Ukraine suggests other motives.

The media focuses more on Russia and internal dissent against Putin. One reads about defections and men trying to escape the draft. The real symptom is the fraying of Nato and the US mission in Europe.

I seriously doubt Europeans want war. These military alliances die over time. Unless there is a perceived military threat, Nato appears to be a relic like the Maginot Line fortifications in France decades ago.

To my memory, no military alliance has ever lasted long. They usually die off from wars waged or the passing of time. NAto now is on the clock. I think it will die this decade.

MS

REPLY: NATO is the problem. Russia, and its people, have no desire to invade Europe. The day of communism and its spread as a religious cult is over, except in the West where Socialism is the means of the power of the state and to keep the people dependent upon that power the very exact way that communism worked. Despite the fact that communism collapsed it was so inefficient and deprived the people of even freedom to imagine and curiosity that is the seed of advancing society. Without that freedom to imagine and the curiosity to discover new things, society withers and dies.

The Neocons see only hatred and war. John McCain openly met with the Neonatzis of Ukraine and promised them the funding to destroy Russia. Nobody thinks about the people. It is always this ideological endeavor to destroy an opponent as if this were a Roman Gladiator Contest to the death. They expect the people to utter the same words – “We who are about to die, salute you.”

NATO is a relic. It has NO PURPOSE unless it can constantly argue that Russia is the enemy and it will conquer all of Europe without NATO. This to me is the same as Athens demanding tribute from Greek cities that became the Delian League.  That alliance of Greek city-states led by Athens was formed in 478 BC as a defense to a “possible” revenge invasion from Persia following the Greek victories at Marathon, Salamis, and Plataea during the 5th century BC. Persian never again even attempted such an invasion. But Athens extorted the Greek City States and moved the central Treasury from Delos to Athens and used all that tribute to build great monuments in Athens. The USA is like Athens. It defeated the German Nazis like Athens defeated the Persians. We created NATO to then defend against the Russian Communists, but have supported the Ukrainian Neonazis ever since and protected them from any prosecution.

That exploitation led to discontent and many then joined with Sparta to attack the arrogance of Athens. It was then that Persia supported Sparta to defeat Athens in 404 BC. The question is rather blunt. Will history repeat and Russia join with China to take down the arrogance of the West and make Stolenberg choke on his own words – “Weapons are the way to peace.” Sorry, but Rome showed us the way to peace – inclusion, and trade. The West has done nothing but rejects allowing Russia to enter the Western economy. Once the people are dependent upon trade, that is what creates peace – never arms.

Athens fell in 404 BC. The cost of defending itself against Sparta backed by the Delian League and Persia led to its debasement of the coinage when the silver was running out. The emergency issue was bronze silver plated. The most common denomination became the drachm – debased at that. If history repeats, then the monetary system of the West will likewise collapse as it pours unjustified money into Ukraine – a government consumed with hatred. Peace will only come when the Ukrainian people overthrow Zelensky and wake up that they are merely being sacrificed in the war of hatred against Russia that is propelled by propaganda.

Just listen to the propaganda being spread by the Prime Minister of Finland who is prepared to also sacrifice her people on the altar of the Neocons.

Jan 26 2023

Tucker Carlson Asks Questions About Jeffrey Epstein’s Death in Prison, Bill Barr’s Explanations Don’t Add Up


Posted originally on the CTH on January 25, 2023 | Sundance

For his opening monologue tonight, Fox New host Tucker Carlson asks questions about the death of Jeffrey Epstein in question.   Carlson walks through the series of events and comments by then Attorney General Bill Barr that no longer seem to add up.  WATCH:

.

Mr. Carlson has been asking a lot of uncomfortable questions lately.

Jan 26 2023

Project Veritas Catches Pfizer R&D Official Stating Company Mutating COVID Viruses to Proactively Create Vaccines


Posted originally on the conservative tree house on January 25, 2023 | Sundance 

Project Veritas goes undercover and finds another top-level Pfizer Research and Development executive admitting the company is mutating COVID viruses to create vaccines. Instead of calling it “gain of function” research, which is illegal, they are calling it “directed evolution.”  This is very disturbing.

[NEW YORK – Jan. 25, 2023] Project Veritas released a new video today exposing a Pfizer executive, Jordon Trishton Walker, who claims that his company is exploring a way to “mutate” COVID via “Directed Evolution” to preempt the development of future vaccines.

Walker says that Directed Evolution is different than Gain-of-Function, which is defined as “a mutation that confers new or enhanced activity on a protein.” In other words, it means that a virus such as COVID can become more potent depending on the mutation / scientific experiment performed on it. (read more)

Jan 26 2023

Bizarre – DeSantis Campaign Official Denies Organizing Social Media Influencer Support for Boss, Despite Overwhelming Evidence


Posted originally on the CTH on January 25, 2023 | Sundance

If you have followed the management and branding efforts of the team around Florida Governor Ron DeSantis, the protestations today by campaign official and registered foreign agent Christina Pushaw are quite bizarre.

The Daily Beast wrote an article [SEE HERE] about how Ms. Pushaw organized an astroturf campaign of support for Florida Governor Ron DeSantis, which included the recruitment of several conservative influencers.  The substance of the article is generally well known.

In late 2021, early 2022, Ms. Pushaw invited a group of “influencers” to spend time with Governor DeSantis.  It’s not a debatable event. Factually, the collective group took gleeful pictures of their first visit on January 6, 2022, and continued to post frequent pictures on their social media of events throughout last year.  The group went to the reelection celebration and inauguration of DeSantis earlier this month.

However, for some odd reason, likely more concerned about people realizing the ‘organized‘ nature of the creation, in a bizarre turn of events, Ms Christina Pushaw is now denying she ever organized the assembly and stating that without any documentary evidence, saying she organized the group is just a conspiracy theory. [Tweet Link]

If Ms. Pushaw is to be believed, the random group of Florida conservative “influencers” just happened to show up at the Governor’s office on January 6, 2022, without any invitation, organization or coordination on her part.

Even lacking the invitation details, hanging your defense on the absence of a paper trail under these circumstances, seems like a very odd position to take.

Why does the DeSantis team fear sunlight on the origin of how this outreach and subsequent meetings took place?  Very odd.

I sincerely doubt this group just randomly showed up at Ron DeSantis office on January 6, 2022, without an invitation or organizing.

The same group then continued meeting throughout the year….

.

Nothing about their recruitment, continued meet-ups and aggressive promotion of Ron DeSantis for the GOP nomination in 2024 would be that interesting or even noteworthy if Ms. Christina Pushaw didn’t paint them all into a box by denying she ever organized their first assembly.

And there’s the rub…  Why is Christina Pushaw denying that she first organized them on behalf of the political aspirations of her boss, Ron DeSantis?

The only logical reason to make such an outlandish and transparently false claim, is if that original assembly was intended as seed material to use the “influencers” for another purpose, like a 2024 presidential bid.  Yet, Ron DeSantis hasn’t announced a 2024 presidential bid…. so that issue is a nonstarter, unless that announcement is eventually going to come forth.

If Ron DeSantis is going to announce his candidacy for the GOP nomination, then suddenly all these background moves look like proactive steps on behalf of the management team.  The January 6, 2022, meeting would then infer the presidential aspirations as far back as December 2021.

In combination with the $200+ million in Wall Street money assembled by DeSantis, perhaps that 2024 plan is the risk necessitating the absurd denial.

[Daily Beast Article Here]

.

They all just randomly showed up to hang out with DeSantis.  Yep, that’s the story and Pushaw is sticking to it.

For those interested, central planning and organization is the difference between “organic” support and “astroturf.”

Slava Ukraine!

Jan 26 2023

Adam Schiff Predicts Political Operatives in U.S. Intelligence Community Will Not Assist House Intelligence Committee, or House Subcommittee on Federal Govt Weaponization


Posted originally on the conservative tree house on January 25, 2023 | Sundance 

While these remarks are cast against the backdrop of House Speaker Kevin McCarthy refusing to seat Adam Schiff (D-CA) and Eric Swalwell (D-CA) on the House Permanent Select Committee on Intelligence (HPSCI), the larger point within his remarks about the intelligence community need to be emphasized.  {Direct Rumble Link}

While claiming McCarthy has no right to stop himself or Swalwell from participating in the 118th Congress HPSCI, Schiff claims the larger intelligence community will no longer share information about national security matters with the committee if he is not present.  Essentially, without Schiff in attendance to politicize the intelligence information, the larger intelligence community will not cooperate.

Additionally, and somewhat in direct alignment with CTH predictions about the House Subcommittee on the Weaponization of Government, Schiff declares the intelligence agencies of the United States government will not cooperate with the subcommittee.  Again, as the argument is made, if democrats are not positioned to defend the Deep State, the Deep State will not cooperate.  WATCH:

Watermelon head, Adam Schiff play the victim card.

Nothing within these remarks should come as a surprise to CTH readers; however, the open hostility within the prediction by Adam Schiff should serve as a stark underline for the challenge the House subcommittee will face.

Jan 26 2023

Bang War Drums Loudly, Joe Biden Announces U.S. Sending Tanks to Ukraine as Deeping NATO War Against Russia Continues


Posted originally on the CTH on January 25, 2023 | Sundance

The Biden administration is pushing the United States into war against Russia to protect Washington DC’s political and financial interests in Ukraine.  None of this is a surprise as both Republican and Democrat politicians in DC continue to use Ukraine as a money laundering operation for key U.S. stakeholders.

Today Joe Biden announced he is sending 31 ‘Abram Tanks’ from the U.S. arsenal into Ukraine to further push the United States into direct conflict with Russia.  The potential for direct U.S. military engagement in Ukraine is now just a matter of formality, as the Abram’s tanks will be accompanied by military advisors, trainers, and the processes to sustain and maintain them on the battlefield.   WATCH:

[Transcript] – […] “today, I’m announcing that the United States will be sending 31 Abram tanks to Ukraine, the equivalent of one Ukrainian battalion.

Secretary Austin has recommended this step because it will enhance the Ukraine’s capacity to defend its territory and achieve its strategic objectives.

The Abrams tanks are the most capable tanks in the world. They’re also extremely complex to operate and maintain, so we’re also giving Ukraine the parts and equipment necessary to effectively sustain these tanks on the battlefield.

And we begi- — we’ll begin to train the Ukrainian troops on these issues of sustainment, logistics, and maintenance as soon as possible. Delivering these tanks to the field is going to take time, time that we’ll see — we’ll use to make sure the Ukrainians are fully prepared to integrate the Abram tanks into their defenses.

We also closely coordinated this announcement with our Allies. (read more)

We are being pushed into a war that few Americans want.

This is getting out of hand mostly because the Russians are defeating Ukraine in the war.  Without the U.S. operators and material involved, Ukraine cannot win.  However, the Biden administration view Ukraine as a U.S. proxy in Europe, and as such all of the corrupt DC systems are in alignment to continue escalating this conflict.

This is happening against the backdrop of Ukraine officials being caught stealing money given to Ukraine to fight the war.

None of this is good, and it is likely to get worse.

WASHINGTON DC – […] The decision to provide the tanks marks a stunning reversal for the Biden administration, which had previously argued they would be of little benefit to Ukraine.

But the decision to send the Abrams tanks helped get Germany to move forward with a separate effort to provide Leopard tanks to Ukraine, which the U.S. had seen as benefitting Kyiv.

German Chancellor Olaf Scholz announced Wednesday that Berlin would send Leopard tanks to Ukraine and allow for other European nations to also send the German-made tanks to Kyiv. (more)

Jan 25 2023

Flirting with Nuclear Catastrophe, Pompeo/Khashoggi Controversy, AOC’s Goons, & More! | SYSTEM UPDATE #27


Glenn Greenwald Streamed on: Jan 24, 7:00 pm EST

Jan 25 2023

Russia Prepared for NATO Invasion


Armstrong Economics Blog/War Re-Posted Jan 25, 2023 by Martin Armstrong

The West has decided to turn this into an all-out war to completely destroy Russia once and for all. Moscow has been put on high alert and air defenses are being put up in every sector of the city. The hardliners are being heard and Putin has little choice at this point. It has become absolutely obvious that even Germany now is sending tanks into Ukraine and they will be used to invade Russia. It appears that NATO “advisors” will be most likely driving these tanks.

I had hoped things would not unravel as quickly as they have. I warned that January was a major target in time coming up in our arrays. We also then have major targets in April/May and Panic Cycles in June. Even gold is moving higher which has NOTHING to do with inflation or the Fed. Gold rises during times of uncertainty with governments and war. Our computer has pinpointed the timing pretty well.

Even the prime minister of Finland has drunk the cool aid of war. Our world leaders are willing to throw everything society has accomplished into the rubbish all for this quest to destroy Russia, then China, and create this one-world dream of Soros and Schwab.

Understand that when war unfolds, they will impose capital controls in Europe ASAP. We even see Russian capital moving into Turkey buying real estate there in particular. Meanwhile, South Africa is aligning itself with Russia.

Jan 25 2023

Nuclear War to Save the Plan


Armstrong Economics Blog/War Re-Posted Jan 25, 2023 by Martin Armstrong

COMMENT: Great article about Nuclear War and saving the planet. You forgot to mention Hiroshima and Nagasaki. The “science” says both cities should have been uninhabitable for a 1000 years after a nuclear war. Yet, their populations doubled in 20 years after being nuked? Hiroshima now has 9 times its 1945 population. In 1945, after the A-bomb, it was 137,000. Now they have 1.2 million people? Doesn’t make sense!

Mike

REPLY: You are correct. I have even visited the area. I did not think to add that. The idea that a nuclear attack will poison the area permanently is also bad science just like Climate Change and the Earth will fry all because of CO2. I somehow think that not just cockroaches will survive a nuclear blast, but I get this strange feeling so will the people at the WEF.

Jan 25 2023

The Coming Great Global Default


Armstrong Economics Blog/Economics Re-Posted Jan 25, 2023 by Martin Armstrong

QUESTION: Dear Martin
Could you please describe more in detail what you are expecting when talking about the breakdown of the monetary system?
Will there be differences between countries like Germany and Switzerland for example? Especially regarding pension systems.
I assume, there might be big differences between countries.
Many thanks and best regards,
R.

ANSWER: The monetary system collapsed with the winning of the American Revolution. The state currencies and the federal Continental Currency were all exchangeable to the new currency which became the U.S. dollar. There was a great disparity among the states with each being rated by the marketplace for the swap. Even when they created the Euro, there were differences between each currency.

The IMF right now is pushing very hard behind the curtain to replace the dollar with an IMF digital currency that they want to become the reserve currency. This would be EXTREMELY dangerous for the IMF is deep in corruption. The complaint of China, for example, is that the dollar is the reserve currency and they see that as a dangerous power in the hands of an adversary.

I have written much on the real problem of the dollar acting as the reserve currency and that this has thrust the Federal Reserve into the default role of the central bank of the world. The problem is all the propaganda against the Fed that is spun by the goldbugs which totally distorts the real crisis. They try to sell gold only on the quantity theory of money which dates back to the 17th century. It is so antiquated it is laughable. It is entirely domestic-focused to the exclusion of the world economy and international capital flows. Unfortunately, the Federal Reserve is also living in the past and only sees the economy in domestic terms making it Fed Policy v Fiscal Policy, over which they have no control.

Only when you understand international capital flow movement will you ever even catch a glimpse of the real world. World War I sent the capital fleeing Europe and rushing to America. Because that capital was here, it increased the domestic buying power and the Europeans made the 1920s ROAR. They were participating in the Auto-Stock-Boom.

The first G4 took place in 1927 when the other central banks argued that the US had to lower its interest rates to deflect international capital which was needed in Europe to rebuild. Indeed, the capital inflows peaked in 1927 and began to decline. But it was the Sovereign Debt Crisis of 1931 that compelled major capital outflows to cover losses at home.

Hoover explained the crisis in 1931 in his Memoirs. So to answer your question will take a major report which I intend to publish. The subject is highly complicated and there will be major divergences that people must be aware of. The bottom line is that all governments intend to default on their prior debts. That is what unfolded even with the collapse of the Continental Government after winning the American Revolution.

We see similar outcomes also in France with their Revolution. We are staring into the eyes of a major global default in debt and we are on schedule cyclically for the next sovereign default period.