Tag Archives: Economic Collapse

Jan 10 2023

Brazil Election Fraud


Armstrong Economics Blog/South America Re-Posted Jan 10, 2023 by Martin Armstrong

The riots in Brazil over the rigging of the election are on point. You cannot allow a razor-thin pretend majority to completely go against the opposite and inflict a leftist agenda. This is the abuse of our election process of a worldwide basis. Governments no long represent ALL the people, but one group violently against another. This same process is undermining both the United States, Canada as well as Europe. This leftist agenda is destroying our civilization and this is right on schedule – 34 years from the collapse of communism. It is now our turn for this abuse of government to divide the people and the nation and ONLY will lead to civil war.

Bolsonaro 2019 WEC & Why He Had to be Removed as President

Bolsonaro was targeted by the WEF and their consortium. The Brazilian elections were rigged. They had to remove Bolsonaro at all costs and now we will witness the price for those corrupt elections. The violence is likely to escalate into March.

Jan 10 2023

What’s Going on with Gold?


Armstrong Economics Blog/Gold Re-Posted Jan 10, 2023 by Martin Armstrong

The goldbugs are cheering that there has been a central bank buying of gold. They think somehow that this is because they are bullish on gold. What seems to be going over their heads is what I warned before – when China starts to sell US debt, war is coming.  I have made it very clear that the precursor to war is always capital flows. That will be on steroids this year.

My clients taught me how capital and war move. At conferences, I stated that we were advising the Universal Bank of Lebanon. They found a ledger in the basement where someone wrote down the price of the Lebanese pound every day into the 19th century. They asked if we could build a model. I said sure! Here is a chart from back then. Our model warned that their currency would drop dramatically in 8 days. I thought there was something wrong with the data. Needless to say, I formed the client what the computer said and I commented that something had to be wrong. Very calmly, they asked what currency would be best. I said the Swiss franc. 8 days later the civil war began. The computer was correct. Then the same thing happened with the Iraq-Iran war.

By 1998, I understood the model’s ability to forecast war. I have never created a model to do that. It figured it out all on its lonesome. I stood up in June 1998 in our London WEC and warned that Russia would collapse in about 30 days. The London Financial Times reported that forecast and that became the collapse of the Russian debt market and Long-Term Capital Management debacle.

I have warned that if China was preparing to invade Taiwan, then they would start to sell off all US government debt. They would not risk owning US government bonds and watch Biden freeze it all and then claim it will be used to rebuild Taiwan as they are doing to Russia. So China began selling off US debt at the end of 2021. They have been buying gold because they cannot hold US or EU debt in time of war. It is as simple as that. The gold is simply neutrality, for it also does not pay interest. – So much for the inflation nonsense.

Jan 10 2023

As Vice President Joe Biden Took Classified Documents from White House to Private Office Storage in Washington DC


Posted originally on the CTH on January 9, 2023 | sundance

According to multiple media reports, it was discovered a week prior to the midterm election that Joe Biden had removed classified documents from his term as Vice-President to a private office in the Penn Biden Center.   The nature of the classified documents is unknown.

The notification from Biden lawyers to the DOJ, presumably on November 2nd, 2022, was kept under wraps until today when CBS first broke the news.   It should be noted that as vice-president Joe Biden held no declassification authority, so removal of the classified material is a much larger breech than the claimed comparison to President Trump declassifying documents and taking them to Mar-a-Lago.

The motive for the public disclosure is somewhat interesting.  Is the publicity through CBS, a known friendly narrative engineering firm for the interests of the Democrat apparatus, a specifically timed release against the backdrop of a DOJ decision not to prosecute President Trump for similar issues?  Something to consider.

(CBS News) – […] The material was identified by personal attorneys for Mr. Biden on Nov. 2, just before the midterm elections, Richard Sauber, special counsel to the president confirmed. The documents were discovered when Mr. Biden’s personal attorneys “were packing files housed in a locked closet to prepare to vacate office space at the Penn Biden Center in Washington, D.C.,” Sauber said in a statement to CBS News.

The documents were contained in a folder that was in a box with other unclassified papers, the sources said. The sources revealed neither what the documents contain nor their level of classification. A source familiar told CBS News the documents did not contain nuclear secrets.

Sauber also said that on the same day the material was discovered, Nov. 2, the White House counsel’s office notified the National Archives, which took possession of the materials the following morning.

“The discovery of these documents was made by the President’s attorneys,” Sauber said. “The documents were not the subject of any previous request or inquiry by the Archives. Since that discovery, the President’s personal attorneys have cooperated with the Archives and the Department of Justice in a process to ensure that any Obama-Biden Administration records are appropriately in the possession of the Archives.”

A source familiar with the matter said representatives from the National Archives then notified the Justice Department.

Garland assigned U.S. Attorney for the Northern District of Illinois John Lausch to find out how the material marked classified ended up at the Penn Biden Center. The review is considered a preliminary step, and the attorney general will determine whether further investigation is necessary, including potentially appointing a special counsel.

Lausch was nominated to be U.S. attorney by former President Donald Trump, and he is one of only two current Trump-era U.S. attorneys still serving. The other is Delaware U.S. Attorney David Weiss, who is leading an investigation into the president’s son, Hunter Biden.

Lausch recently briefed the attorney general and will eventually submit a final report to Garland. The review is expected to conclude soon.

The Penn Biden Center is a think tank about a mile from the White House, in Washington, D.C., that is affiliated with the University of Pennsylvania and named for the sitting president. (read more)

CTH research revealed the Mar-a-Lago document issue was essentially a nothingburger.  The documents in the Trump case likely connected to the DOJ and FBI operation against the Trump campaign and administration, with much of the information being made public prior to his departure from office.

The FBI/DOJ hype around the Mar-a-Lago issue was intended to be what it was, another round of anti-Trump narrative engineering by elements of the DOJ/FBI and same entities who carried out all previous Trump-Russia antagonisms.  Eventually the wild stories about nuclear secrets were even debunked and admitted by the Washington Post.

Former DNI John Ratcliffe, a man presumed to have seen the Mar-a-Lago documents, suspected the documents were essentially DOJ and FBI work products, including interviews with ‘sources’ like Igor Danchenko, from their fabricated case against President Trump.  Under this scenario, the objective of the DOJ/FBI would be to avoid sunlight on their political targeting operation.  The Ratcliffe viewpoint makes sense when you consider the DOJ/FBI position that no one should ever be allowed to look at those documents, including the appointed Special Master in the case, Judge Raymond Dearie, whom they fought to get removed.

If I had to hazard a guess about what classified documents VP Biden would want to take from the White House during the Obama era, they likely included some form of blackmail material in the event that Obama Inc ever tried to strong arm or threaten the Biden crime syndicate politically.  Documents likely containing dirt on nefarious issues related to the Obama administration that Biden could hold as leverage, an insurance policy of sorts.

It’s interesting the name John Lausch resurfaces as he was the Chicago area DOJ selected by former Attorney General Jeff Sessions to review all of the DOJ/FBI material that was not being given to the House Judiciary Committee, and then act as the arbiter/negotiator for release.  This was 2018.

Unknown to us at the time of the Lausch involvement in the document argument was the extent of control the Weissmann and Mueller teams had over the DOJ.

As we said at the time, Attorney General Jeff Sessions has not been able to stop, stall or disrupt their ongoing activity of the corrupt DOJ and FBI elements remaining in 2017/2018.  Team Mueller was simply better than Team Sessions, and they operated as an insurgency.

Jeff Sessions was marginalized and getting his ass kicked by his own department, and then eviscerated by President Trump and the media.  Jeff Sessions appeared weak, ineffective and inept because the Attorney General was weak, ineffective and inept.

Sessions appointed John Lausch to the task of document review in an effort to give the outward impression that he was doing something to combat the stonewalling from inside the DOJ and FBI toward congress; a stonewalling ultimately being carried out by Andrew Weissmann and crew, that AG Jeff Sessions couldn’t control.

John Lausch was appointed by Sessions in 2018 to try and get the criticism to tamp down.  However, it went nowhere.  Now his name resurfaces as the arbiter of whether or not Joe Biden violated the law.

Jan 10 2023

Republican House Rules Package Passes, All Republicans Vote Support Except Two Texans


Posted originally on the CTH on January 9, 2023 | sundance 

I get a lot of flak for saying Texas is the next Georgia when it comes to professional politics and the ideological shift from Red to Blue.  However, the grief matters not, because the reality of Texas turning left is very real even if Texans don’t want to admit it; here’s yet another datapoint.  The only two GOP congressmen who did not support the reformed rules package were both from Texas.  Representative Tony Gonzales voted against it, and Rep. Dan Crenshaw, did not vote.

Overall, the House of Representatives passed the rules package Monday night 220-213 with relatively little drama. It was the first order of business for House Speaker Kevin McCarthy’s new majority on the first day of the 118th legislative session. The 55-page package includes most of the concessions McCarthy made to the conservative caucus.

The new rules include the motion to vacate provision, allowing just one member to make a motion to remove the House speaker – one of the top conservative demands that will keep McCarthy in check.

WASHINGTON DC – The House rules plan that amounted to Speaker Kevin McCarthy’s first legislative victory on Monday night brings much bigger consequences than 55 pages suggest — it will shape the chamber’s operations and what bills can win approval over the next two years.

Adoption of the rules package is a routine step in setting up any new Congress, but what is traditionally seen as a “housekeeping” issue will effectively determine how Republicans can govern the chamber. That’s why the rules measure was the centerpiece of high-stakes negotiations between McCarthy and the crop of rebellious conservatives who kept from the gavel for much of last week, talks that started just after the House was called for Republicans in November.

[…] At the heart of the rules push by rank-and-file conservatives, including many in the Freedom Caucus, is a desire to shape a more inclusive legislative process that concentrates less power with leadership. To that end, they have secured promises from leaders that aren’t formally written down in the rules, such as allowing more amendments to be considered on the floor and more widely distributing committee positions. (more)

We have a few more election cycles to stop the arc of history from repeating itself.  However, it is best to be prepared just in case….  Because if the slow descent into controlled chaos and big government dependency continues, the more self-sufficient you are – the longer you will be able to retain a freedom lifestyle of familiar reference.

Stay gray and remember, the potato alliance grows underground and gains multiple eyes in sunlight.

Jan 10 2023

Video Livestream – House of Representatives Debates Rules Changes


Posted originally on the CTH on January 9, 2023 | sundance

The House of Representatives is in current session to debate and confirm the new House rules package.  The rules were a point of contention for some conservative House members, who initially refused to vote for Rep. Kevin McCarthy as speaker until the California Republican made concessions in order to win the gavel.  [Livestream Video Below]

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Jan 10 2023

Interesting Angle – New York Times, Which Means FBI and DOJ, Worried the New House Subcommittee on Fed Weaponization May Review Special Counsel Activity


Posted originally on the CTH on January 9, 2023 | sundance

The Washington Post speaks for the CIA, IC and DNI.  The New York Times and Politico speak for the FBI, DOJ-NSD and DHS concerns, while CNN is the representative voice of the U.S. State Dept.   These are the constants in the ever-changing world of narrative engineering.  Never forget them.

As a direct result of the concerns expressed within a New York Times article, it’s abundantly clear the FBI and DOJ-NSD are worried about the new House Subcommittee on Federal Weaponization of Government.  Specifically, the concern of the DOJ/FBI is the potential for the committee to start looking behind the curtain at the activity and intents of the special counsel operation.

(New York Times) – […] The resolution appears to give him authority to subpoena the Justice Department for information about the special counsel inquiry into Mr. Trump’s attempts to overturn the 2020 election and his handling of classified documents, along with other politically charged matters like an open tax investigation into President Biden’s son, Hunter Biden.

The text of the resolution would also grant Mr. Jordan’s panel the power to receive the same highly classified information that intelligence agencies make available to their oversight committee, the House Permanent Select Committee on Intelligence.

Intelligence Committee members have access to some of the most sensitive secrets in the government, including information about covert actions, which are not shared with other lawmakers. Traditionally, House leaders tend to place on the intelligence panel members of their party they think are especially trustworthy not to disclose classified information.

While Mr. Jordan’s investigative unit will be housed within the Judiciary Committee, its 13 members — eight of whom would be Republicans — will not be limited to lawmakers on that panel. (read more)

It would appear the FBI and DOJ are concerned that congressional oversight is a risk to their activity.  The advanced PR firm for the conduct therein is always Politico and/or the New York Times.  This subcommittee has them collectively and understandably triggered.

If the House actually uses the power they have, they could begin to finally counteract the years of corruption and politicization of the agencies they are expected to conduct oversight upon.  However, using that power requires the full-throated support of the House Speaker, and that’s where things get tenuous.

An entirely new approach is going to be needed if the intent of the subcommittee is going to be successful as expressed.   Part of that new approach is going to require a much more adversarial approach and new rules therein.

Breaking through the silo issue is not as difficult as it seems, but it requires outside the box use of communications and strategy.  We should know by the end of this week whether or not this subcommittee will be up to the task.  If they are, they will have my support.

Either way, I will not pull punches for readers on what we should expect or not expect.   There are many approaches the subcommittee could take in order to use the known history of the weaponization to tell the story.  The question is whether they have the will to do it.

CTH knows the methods used by the deepest part of the administrative state to retain their power system and corrupt activity.  We also know the ways to defeat the system that has been created.  If the subcommittee wants help, I will organize support.

And as always, I will keep watching closely – predicting and calling out what to expect.

Jan 9 2023

Zelensky’s Holy War – Seizing Russian Churches


Armstrong Economics Blog/Ukraine Re-Posted Jan 9, 2023 by Martin Armstrong

COMMENT: Marty, I just read that Ukraine seized control of a Russian Orthodox Church that has been there for a century. You were correct. Zelensky has also made this a holy war. The Ukrainian people should rise up against this guy. He is killing them all for hatred.

SH

REPLY. I have had staff on both sides in Ukraine. I have been well aware of the hatred and animosity that I do not see will ever be resolved. This is like the battle between the Shite v Sunni in Islam or the Catholic v Protestants in Christianity. Zelensky has shut down free speech and has seized control of the main cathedral and monastery in Kyiv which has always been Russian. It has always been affiliated with the Russian Orthodox patriarchate and allowed its Ukrainian rival group to use it for Orthodox Christmas services. The cathedral is the oldest Orthodox church in Kharkiv. This was constructed in the Baroque style at the expense of the community in 1771-1777  long before Ukraine was even an idea. The old church was destroyed and dated from the middle of the 17th century.

This is no different from the French King seizing the Vatican and moving it to France at Avignon. Zelensky outright hates Russians and has even called on NATO to NUKE Moscow in a sneak attack. Zelensky said a nuclear attack on Russia is “needed so that [the Russians] know what awaits them if they use nuclear weapons” during an event with the Australian think tank the Lowy Institute. “Not the other way around, waiting for Russia’s nuclear strikes and then saying, ‘Oh, you’ve done that, then get this.’”

This is the guy we are to send any missiles to? He is consumed with hatred and is the most dangerous head of state perhaps surpassing even Stalin and Kruschev.

Jan 9 2023

Stirring the Pot For War


Armstrong Economics Blog/War Re-Posted Jan 9, 2023 by Martin Armstrong

Many people have written in and asked why have I been unable to convince governments to avoid war. Quite frankly, they think they can win and more importantly, they need this because the entire socialistic system is collapsing. They rely on people buying their bonds year after year with no intention of paying anything back. This is just our time to collapse the same as communism collapsed in 1989 in China and Russia. We have run our course and the clock is running out of time. This is the 34th year since 1989. Socialism will collapse. It has no other choice here in 2023.

I have received videos from Ukrainian soldiers who are threatening to go after Zelensky. I was not given permission to post them so I do not want to get anyone in trouble. They are dying in far greater numbers than the rigged press is reporting and they are freezing.

Strategically, the US is attempting to create the Asian version of NATO aligning with Japan and the Philippines to rely on their soldiers to fight China. Meanwhile, in China, there is absolutely no question that they are preparing to take Taiwan and I believe this was accelerated by the Biden Administration (1) abandoning the one-China policy maintained since Nixon and allowing Pelosi to fly to Taiwan just ahead of the elections in China which was an absolute brain dead stunt. Consequently, China is gearing up for military action to take control of Taiwan because the Biden Administration has actually called their bluff. President Xi Jinping secured a historic third term last year and has made it clear he plans to retake Taiwan. Pay attention in May.

Meanwhile, with respect to North Korea, we would have to take into account their 1.2 million-man Korean People’s Army, which is organized into nineteen corps-sized units, including nine infantry corps, four mechanized corps, one armored corps, one artillery corps, the Pyongyang Defense Command, Missile Guidance Bureau and Light Infantry Instruction Guidance Bureau. More than half of these forces, particularly the mechanized, armor, and artillery forces are located near the DMZ, making an early cross-border assault unattractive. Kim and Putin have come to an agreement and will support each other. On the 72-year anniversary of the Koren War when they prevailed against the United States, Kim condemned “aggression moves” by Washington and Seoul, vowing to take revenge at a time of rising tension on the Korean Peninsula. Here too, it appears that Kim is preparing for war against at least the South and possibly expanding into Japan – a hated enemy.

The Middle East is heating up with Iran preparing for war against Saudi Arabia. This has prompted even Israel and Saudi Arabia to consider a joint defense agreement. Meanwhile, Iran and Russia have come together to also form an alliance. We may also expect that Syria will join on the side of Russia in the Middle East.

Looking at Iran just from the 1979 confrontation taking American hostages, the turning points for the last three waves, which are always the most intense, lined up with the 2014 turn on the Global War Model. The next wave was November 3rd, 2022 and here we see widespread civil unrest. In fact, the United Nations called it a critical situation on November 22nd, 2022.

The world is dumbfounded as to why in the hell we have world leader cheering war on every continent. I put forth a solution, some did not like it, but there is no other way out of this other than Schwab’s “Great Reset” which is really all about defaulting on all the national debts, the end of socialism, and the push for a one world government to end democracy so government retains power. Under my solution, the government would relinquish power. They did not like that. Schwab’s way leaves it necessary to create World War III, reduce the population escapes the pension liabilities, and start over with a new Bretton Woods II.

In 2008, British Prime Minister Gordon Brown joined French President Nicolas Sarkozy and German Chancellor Angela Merkel in calling for better regulation of global financial markets.

“We urgently need what you might call the ‘new Bretton Woods,’ so that we can restore confidence in the system while dealing with the areas that have been exposed in recent weeks.”

I posted this video 5 years ago. It has only gotten worse.

Jan 9 2023

Twice as Many Civilians Always Die v Military


Armstrong Economics log/War Re-Posted Jan 9, 2023 by Martin Armstrong

War is never a ONE-SIDED affair. People get frustrated and will often seek revenge personally on both sides of any conflict. These people who point to Russians as killing civilians and vice versa should understand one thing. EVERY war results in MORE civilian casualties than military. I do not know what planet these people are on, but cheering war is one great way to reduce the population.

Just check the stats on World War II. The total estimated deaths were 70–85 million people. That was about 3% of the estimated 2.3 billion global population in 1940.

  • Total Death … 70-85 million (50-56 million directly & 19-28 million from starvation/disease)
  • Military deaths ….. 21-25 million
  • Civilian Deaths….. 50-55 million

Anyone claiming the Russians killing civilians is somehow a war crime should check history. It is typically civilian deaths are double that of the military. So while Zelensky and the Western powers refuse to end this war and just let the Donbas separate as was set out at the Minsk Agreement, should understand the civilian death toll in Ukraine may easily be 50% or even hire all for land that was never Ukrainian in the first place. The West is using the Ukrainian people as fools for they are simply there to weaken Russia so NATO can invade Moscow in the end. The Ukrainian people are simply cannon fodder and the sooner they wake up and realize that are just a pawn being sacrificed in this proxy war against Russia the sooner they can reclaim their life.

I get the typical hate mail because I do not blindly accept Ukraine is fighting against the Russian evil empire for democracy or freedom related to its own people. One clearly Neonazis sent an email:

“There will definitely be a very special place in hell for you and the sooner you get there the better.”

I have encountered the Neonazis of Ukraine. They would slaughter every Russian in the Donbas. I do not tolerate fools, politicians, or people who are consumed by their own hate that they cannot see clearly or even think rationally. Their hatred is consuming the world and they will do whatever they can to completely destroy every Russian no different than the German Nazis who sought to exterminate every Jew.

I have been in the middle of this entire Russian affair since 1999. Both sides have always hurled arrows at me. So I am just used to it. When Galina Starovoytova (1946-1998), who was the head of the Democratic movement in Moscow, was assassinated, suddenly the old hardlines were targeting me and said she was a puppet of a Western financier, which was supposed to be me. I was shocked that I was suddenly being targeted I believe by the head of the old guard Primakov who I believe had been behind her assassination and the attack on me. The only connection was that her son was working in our London office at the time.

I always get the arrows from every side. That is just part of life.