Tag Archives: Economic Collapse

Oct 13 2022

Behind the Scenes of World War Reddit


Posted originally on the conservative tree house on October 12, 2022 | Sundance

On February 24, 2022, Deputy National Security Advisor and Deputy Director of the National Economic Council, Daleep Singh, told the world what to expect about the U.S. and allied response to the war in Ukraine.  We called the white house strategy “World War Reddit.”  Here’s what Deputy NSA Singh said:

…”Strategic success in the 21st century is not about a physical land grab of territory; that’s what Putin has done.  In this century, strategic power is increasingly measured and exercised by economic strength, by technological sophistication and your story – who you are, what your values are; can you attract ideas and talent and goodwill? And on each of those measures, this will be a failure for Russia.”  ~ Deputy National Security Advisor Daleep Singh

Deputy National Security Advisor Daleep Singh boiled down geopolitical power to a cultural issue of social likeability.  Realize that what he said is the White House strategy leading our foreign policy.  That strategy is why the White House enlisted TikTok influencers for their Ukraine effort [link].  Remember, the State Dept is also leading this effort.  That is the context for this video. WATCH:

That’s why we called it World War Reddit eight months ago.  Where the State Dept was going with this “war” was obvious.

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(Source)

Oct 13 2022

Biden Threatens Saudi Arabia for “Siding with Russia” Over OPEC Oil Production Cuts


Posted originally on the conservative tree house on October 12, 2022 | Sundance 

The global economic cleaving continues.  Western allied nations are intentionally shrinking their economies to meet intentionally lowered energy production, ie ‘the green new deal’.  However, as the phrase is used, “managing the transition to the green energy economy” still requires the use of oil and gas no longer being generated within the same western allied nations.

As a result of this self-serving and ideological dynamic, any foreign oil provider who restricts the western nations from having access to cheap imported energy is viewed as an enemy.  The U.S. and western alliance forbid domestic development of oil, coal and gas, but the U.S. and western alliance still need oil, coal and gas.  This is the backdrop for Biden creating a dependency on foreign oil and being angry at Saudi Arabia for lowering production. {Direct Rumble Link}  WATCH:

The era of great pretending continues.

In this example Jake Tapper pretends not to know that Biden’s policy to block U.S. oil development has made the U.S. vulnerable to foreign oil decisions.  Saudi Arabia is the bad guy for limiting oil production, but Joe Biden is not confronted for limiting U.S. oil production.  It’s a media game of pretending not to know things.

In a semi related note, do not forget the connections.  NYT/Politico are used for FBI/DOJ narratives.  The Washington Post is used for CIA/IC narratives, and CNN is used for State Dept narratives.   The US State Department is conducting the war operations in Ukraine which is the core issue in the CNN interview above.

Oct 13 2022

During Trial Senior FBI Analyst Admits Agency Offered Dossier Author Chris Steele Up to One Million Dollars to Prove Authenticity of Claims


Posted originally on the conservative tree house on October 12, 2022 | Sundance

The legal case brought by prosecutor John Durham against Igor Danchenko is predicated on the notion that Christopher Steele’s source for his dossier willfully and intentionally lied to the FBI, and therefore Danchenko is guilty of purposefully misleading FBI investigators assigned to the Trump-Russia/”crossfire hurricane” investigation.

Transparently everyone knows the FBI were not duped by Danchenko and records indicate Danchenko told them the Steele dossier was full of fabricated nonsense. Additionally, to keep the revelation of the dossier as nonsense hidden, the FBI hired Danchenko as a confidential human source, technically shielding him from being questioned or exposed.  The FBI decision to hire Danchenko was to keep the fraudulent dossier useful for their Trump targeting operation.

So, what’s going on?

This is where John Durham is doing two things: (1) He is protecting the corrupt DOJ and FBI institutions by not investigating any government action; and yet, (2) Durham is exposing corrupt FBI and DOJ action through his court filings and cases.  Yesterday Durham provided more evidence of just how corrupt the FBI was in the lead-in to the 2016 election.

FBI supervisory analyst Brian Auten testified Tuesday that Hillary Clinton’s contracted opposition researcher, Christopher Steele, hired by Fusion GPS to dig up dirt on Donald Trump, was offered up to $1 million by the FBI in early October 2016 if Chris Steele could prove the claims within the Trump dirt dossier he authored.

Steele was never paid the money because he could not prove the claims within the dossier, nor would he give up the name of the primary source for the information, Igor Danchenko.  However, despite the FBI knowing the dossier could not be proved, validated or verified, later that same month they used the dossier as evidence to support a Title-1 FISA warrant against former Trump campaign aide, Carter Page.

The details provided by Durham only prove the researched outline we made almost 5 years ago.

The FBI knew the Steele dossier was junk, yet they used it in lieu of the mandatory ‘Woods File’ to seek an all-inclusive secret search warrant against the Trump campaign.  Carter Page was a tool for the fraudulent search warrant, the FBI knew Carter Page from previous work he had done for them as an informant.  However, to get the warrant they needed to accuse Page of being an asset of a foreign government – so they did.  The Steele Dossier was used as manufactured evidence to support the FISA application.

The FBI goal was to create a legal mechanism putting everyone in/around Donald Trump under surveillance.  This was the “insurance policy” as described by FBI agent Peter Strzok. The FBI had been conducting unlawful political surveillance against Donald Trump throughout the 2016 campaign, the FISA warrant was used as the legal basis to make the previous and future surveillance legal.

The FBI knew the dossier was junk, the FBI didn’t care – they needed it to create a fraudulent search warrant.

The FBI knew Carter Page was not a Russian asset, the FBI didn’t care – they needed him to get to Trump.

The FBI goal was always to conduct political surveillance against Donald Trump.

(Via CNN) – Shortly before the 2016 election, the FBI offered retired British spy Christopher Steele “up to $1 million” to prove the explosive allegations in his dossier about Donald Trump, a senior FBI analyst testified Tuesday.

The cash offer was made during an October 2016 meeting between Steele and several top FBI officials who were trying to corroborate Steele’s claims that the Trump campaign was colluding with Russia to win the election.

FBI supervisory analyst Brian Auten testified that Steele never got the money because he could not “prove the allegations.”

Auten also said Steele refused to provide the names of any of his sources during that meeting, and that Steele didn’t give the FBI anything during that meeting that corroborated the claims in his explosive dossier.

Auten was testifying at the criminal trial of Igor Danchenko, a primary source for Steele’s dossier, who is being prosecuted by special counsel John Durham. Danchenko has pleaded not guilty to lying to the FBI.

CNN previously reported that the FBI reimbursed some expenses for Steele, who had been an FBI informant.

Durham, a Trump-era prosecutor who is looking for misconduct in the FBI’s Trump-Russia investigation, has used some of the proceedings Tuesday to criticize the FBI’s handling of some of the early steps in the Russia probe. Durham handled many of the in-court arguments on Tuesday and personally questioned Auten on the witness stand – a rare move for a special counsel and former US attorney. (read more)

Offering $1 million to a source to provide evidence is not a decision made by a supervisory special agent.

The authorization to spend up to $1 million for evidence is a decision made by the Director or Deputy Director of the FBI.

October 2016: FBI Director James Comey, FBI Deputy Director Andrew McCabe

Follow the timeline:

Steele offered $1 million to prove the dossier in early October 2016.  He cannot.

FBI uses dossier in late October for a FISA warrant against Trump campaign.

Dossier source Igor Danchenko interviewed by FBI in January 2017. Tells FBI dossier is junk.

FBI hires Danchenko in March 2017 just before renewing the FISA they now know is based on junk.

May 2017 Robert Mueller appointed to cover up all of the DOJ/FBI corruption that existed in the Trump targeting.

June 2017 Mueller interviews Danchenko, then renews the FISA.

February 2019, Bill Barr enters as Attorney General.

April 2019 Robert Mueller completes investigation.

May 2019, Bill Barr appoints Durham just to look into things.  Immediately then begs Trump not to declassify any documents.  Trump writes executive order giving Bill Barr ability to review and declassify documents.

October 2020, Bill Barr officially (and quietly), makes John Durham a special counsel.  We don’t find out until December (after the Nov election).

October 2020, FBI drops Igor Danchenko as paid informant.

Put it all together and you see the continuum.

(1) Donald Trump was being targeted by a corrupt DOJ and FBI.  (2) Robert Mueller was installed in May 2017 to cover up the targeting.  (3) When Mueller is nearing his completion, Bill Barr steps in to mitigate institutional damage from 1 and 2. (4) Barr maintains damage control and installs Durham. (5) Durham takes over the coverup operation from October 2020 (Danchenko safe to exit) through today.

Main Justice kept a bag over Danchenko until they needed a scapegoat, created by Durham, to sell a narrative that Main Justice was duped. John Durham is charging Danchenko (working outside govt) with lying to the FBI while simultaneously avoiding drawing attention to the FBI/DOJ officials (inside govt) who knew Danchenko was lying and were willfully blind to it in order to continue attacking and investigating President Donald Trump.

James Comey, Robert Mueller, Bill Barr, John Durham, the Mar-a-Lago raid…  it’s all one long continuum of the same targeting and coverup operation.

Bill Barr was the Bondo application and John Durham is the spray paint.

The entire system is corrupt.

Oct 12 2022

America Quietly Prepares for Nuclear War


Armstrong Economics Blog/War Re-Posted Oct 12, 2022 by Martin Armstrong

I mentioned in a prior post that the US was purchasing anti-radiation medication. The media is urging the public not to fear as this is simply a precaution. Yet, the US would not have shelled out $290 million on a drug if the intelligence agencies did not fear the potential of a nuclear attack.

The US Department of Health and Human Services downplayed the severity and said that this is part of its “long-standing, ongoing efforts by the Administration for Strategic Preparedness and Response to better prepare the U.S. for the potential health impacts of a wide range of threats to national security.” Of course, Joe Biden fanned the flames of panic by stating there was a risk for a “nuclear Armageddon” not seen in 60 years. “We have not faced the prospect of Armageddon since Kennedy and the Cuban Missile Crisis,” Biden said. Obviously, no nuclear weapons were used then, and America is the only nation to have used one during war. However, the US is certainly taking the threat of nuclear war with Russia seriously.

The government is purchasing a drug called Nplate that was approved by the FDA in 2021 to treat radiation syndrome. “Nplate is indicated to increase survival in adults and in pediatric patients (including term neonates) acutely exposed to myelosuppressive doses of radiation,” the company notes. Although not a worthy source, the Centers for Disease Control and Prevention (CDC) said that Acute Radiation Syndrome (ARS) occurs in four stages.

The four stages of ARS are:

  • Prodromal stage (N-V-D stage): The classic symptoms for this stage are nausea, vomiting, as well as anorexia and possibly diarrhea (depending on dose), which occur from minutes to days following exposure. The symptoms may last (episodically) for minutes up to several days.
  • Latent stage: In this stage, the patient looks and feels generally healthy for a few hours or even up to a few weeks.
  • Manifest illness stage: In this stage the symptoms depend on the specific syndrome and last from hours up to several months.
  • Recovery or death: Most patients who do not recover will die within several months of exposure. The recovery process lasts from several weeks up to two years.

It is peculiar that the drug was approved for radiation a year prior to the war breaking out in Ukraine. The drug has never been tested on humans, and the results are not guaranteed. They certainly were not testing monkeys with a radiation dosage even close to that of a nuclear weapon. Of course, this was another NIAID-funded research project. They were testing mRNA drugs and COVID vaccines before the pandemic began too.

“In the study, 80 monkeys exposed to a life-threatening dose of radiation were randomly assigned to receive a single injection of either romiplostim or placebo one day after radiation exposure. All animals were given standard supportive care, including fluids, anti-ulcer medication, anti-nausea medication, pain medication, and antibiotics. After 60 days, 29 of 40 monkeys in the romiplostim group had survived compared to 13 of 40 in the placebo group.”

How could they top the fear-mongering of COVID-19? Nuclear war. Stay inside because of radiation and take your shots to survive. The nuclear Armageddon could occur at any moment! After 2020, anything is possible.

Oct 12 2022

Liz Truss’ Approval Plummets


Armstrong Economics Blog/Politics Re-Posted Oct 12, 2022 by Martin Armstrong

Truss inherited a beaten-down United Kingdom. The Bank of England declared that a recession was inevitable, sterling continues to fall, pension funds are evaporating, and the death of the queen caused an overall feeling of pessimism. Recent polls show that Truss is actually less popular than her predecessor Boris Johnson, even when Johnson was under fire for partying amid COVID lockdowns. Liz Truss currently has an approval rating of -47.

Theresa May had a score of around -46 before she resigned. Based on an Opinium poll of around 2,000 people, 53% would like Truss to resign. Even around 25% of Tory voters want her out of office only a month into the job. Even voters divided over the Brexit ruling disapprove of her with 61% of Leave voters noting disapproval, as well as 61% in the Remain camp.

“I am prepared to be unpopular,” Truss said shortly after taking office. Her proposed tax cuts for the wealthy and removal of caps on bankers’ bonuses caused the average citizen to feel as if she did not represent them. The International Monetary Fund said her plans would “increase inequality,” only adding to her criticism. She is under pressure to increase welfare payments and social programs.

Truss simply inherited a massive problem. Her government is also blamed for the rising mortgage crisis. The Bank of England is set to meet again on November 3, but many believe they may reveal their policy beforehand. They want to avoid the downturn that occurred after the mini-budget was released at the end of September. In the end – it is politics. Truss needs to appeal to the people before the Conservatives find a replacement scapegoat.

Oct 12 2022

Tulsi Gabbard is Right – The Democratic Party is a Cabal of Warmongers


Armstrong Economics Blog/Politics Re-Posted Oct 11, 2022 by Martin Armstrong

Tulsi Gabbard, former representative for Hawaii’s second district, announced that she is fleeing the Democratic Party in a video that has made waves across the internet. The Democratic Party has radically transformed to “a cabal of warmongers driven by cowardly wokeness,” Gabbard said. The party has altered its views to such a far-left point that their ideals are no longer based in democracy.

“I can no longer remain in today’s Democratic Party that is now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism, actively work to undermine our God-given freedoms enshrined in our Constitution, are hostile to people of faith and spirituality, demonize the police and protect criminals at the expense of law-abiding Americans, believe in open borders, weaponize the national security state to go after political opponents, and above all, are dragging us ever closer to nuclear war.”

The Democratic Party has indeed undermined the entire Constitution with an aim to remove all our freedoms under the guise of “equality,” while the powerful elites who run the nation prosper and are immune from their own laws. The “cowardly wokeness” has certainly racialized every issue in an attempt to DIVIDE us. The Treasury just created a racial equality board, banks have said they would begin issuing special mortgages for people of color, and even Kamala Harris said that whites would be the last to receive aid after Hurricane Ian. The true enemy is not your neighbor but the state.

We are no longer energy independent due to woke climate change policies. There would not be an energy crisis in America had Biden not taken office—illegally. Countless government funds are placed into “climate initiatives” that never see the light of day.

Similar to dictatorships that have abandoned faith, Americans are demonized for their spirituality. They closed our churches during COVID in an attempt to separate the people. The fake Catholic president supports abortion, as does the fake Catholic House Speaker Nancy Pelosi. Christians are portrayed in the media as closed-minded and ignorant.

The borders are open with more illegals coming in than ever before at the expense of the taxpayer. They are deliberately allowing the borders to remain open as nothing has been done to curb the influx. Criminals are indeed protected above law-abiding citizens. This is why they want to remove the Second Amendment and confiscate our guns, one prohibition at a time. Democratic cities are overrun with homelessness, crime, pollution, and drugs. We have an opiate epidemic that is killing off millions. The police are unable to prevent crimes because Democrats have passed laws prohibiting them from arresting criminals, as law-abiding citizens suffer the consequences.

As a former Army Reserve officer who was deployed in Iraq from 2004 to 2005, and served in Kuwait as an Army Military Police platoon leader from 2008 to 2009, Gabbard has seen the aftermath of warfare firsthand. America has no concern for its own borders, but is willing to risk the lives of millions to protect Ukraine’s border. We now face the prospect of nuclear war due to incompetent politicians who have made massive decisions without the vote of the people. Everyone swore Trump would start World War III, but he actually kept America out of international conflicts. Obama attempted to bring America into the war in Syria, and now his minion Joe is upping the ante.

Gabbard continued:

“I believe in a government that is of the people, by the people, and for the people. Unfortunately, today’s Democratic Party does not. Instead, it stands for a government of, by, and for the powerful elite.

I’m calling on my fellow common sense independent minded Democrats to join me in leaving the Democratic Party. If you can no longer stomach the direction that so-called woke Democratic Party ideologues are taking our country, I invite you to join me.”

Look at what has become of our beautiful nation in less than two years. Biden was handed one of the strongest economies in American history and has since erased all progress. The outlook for America looks bleak. Can anyone honestly say that they are better off under Biden? The two-party system cannot work when each spectrum is pushed further to an extreme. It is time for reform.

Oct 12 2022

Tulsi Gabbard


Armstrong Economics Blog/Politics Re-Posted Oct 11, 2022 by Martin Armstrong

Tulsi Gabbard, former Democratic candidate for President, is asking fellow Democrats to leave the Party. This is going viral worldwide.

Oct 11 2022

Why I’m leaving the Democratic Party.


The Tulsi Gabbard Show Published originally on Rumble on October 11, 2022

I can no longer remain in today’s Democratic Party that is now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism, actively work to undermine our God-given freedoms enshrined in our Constitution, are hostile to people of faith and spirituality, demonize the police and protect criminals at the expense of law-abiding Americans, believe in open borders, weaponize the national security state to go after political opponents, and above all, are dragging us ever closer to nuclear war.

I believe in a government that is of the people, by the people, and for the people. Unfortunately, today’s Democratic Party does not. Instead, it stands for a government of, by, and for the powerful elite.

I’m calling on my fellow common sense independent minded Democrats to join me in leaving the Democratic Party. If you can no longer stomach the direction that so-called woke Democratic Party ideologues are taking our country, I invite you to join me.

Click the link to listen to my full statement on why I’m leaving the Democratic Party:
https://podcasts.apple.com/us/podcast/this-is-tulsi-gabbard/id1549623127?i=1000582273025

Oct 11 2022

The Bank of Canada Should Admit QE FAILED


Armstrong Economics Blog/Canada Re-Posted Oct 11, 2022 by Martin Armstrong

In 2020, Pierre Poilievre, chief Conservative spokesman on finance issues, said Canada’s central bank “should not be an ATM for Trudeau’s insatiable spending appetites.” Conservatives cooperated with the Liberals when it came to COVID-19 emergency spending. Everyone was in on that power grab. Now the nation is in worse shape, further in debt, and inflation is soaring.

Yet, Trudeau continues to spend recklessly without hesitation. The Bank of Canada (BoC) should remain neutral on political issues. Similar to the Federal Reserve, the BoC is the largest buyer of domestic debt. In response to criticism, the bank launched a social media campaign to deflect blame. “#YouAskedUs if we printed cash to finance the federal gov’t. We didn’t,” the Bank of Canada tweeted on August 25. Due to the pandemic, the central bank “took various measures, like buying bonds, to support and ensure a strong and stable #economy,” the bank tweeted. “We bought existing gov’t bonds from banks on the open market. Why? This helped unblock frozen markets at the start of the #pandemic. It let households, companies and governments access funding when they really needed it.”

This is the problem with those who believe they can manipulate the economy. Governments completely shut down the world for over a year and then claimed that they needed to spend as much as possible to save us from the crisis they created. “We did not use cash to pay for the bonds. We bought the bonds with settlement balances — a kind of central bank reserve — not with bank notes,” the bank continued to Tweet back in August. Basically, the strategy all along was Quantitative Easing. It failed.

They artificially lowered rates for too long and purchased government debt with no method for repayment. Their stupid idea of Quantitative Easing and lowering rates were under their theory that people would borrow if it were cheap enough. The central banks fail to understand that people will absolutely not borrow at any rate if there is no confidence. It has become conventional wisdom that when all else fails to make economies grow, create new money and buy government bonds. Of course, the “all else” never includes deregulation and lowering taxes.

Now Governor Tiff Macklem is posting videos on Twitter to explain why the bank raised rates by 300 bps in the past six months. Yes, “inflation is too high,” as Macklem pointed out, but he’s acting a bit too late. “It is by raising interest rates that we’re going to slow spending in the economy, give the economy time to catch up and take the steam out of inflation,” Macklem said in the video. “That’s gonna [sic] get inflation back down.” WHAT ABOUT GOVERNMENT SPENDING? Monetary policy does not align with the bank’s goals, as Trudeau’s continued spending will prolong inflation.

Oct 11 2022

Crimea was a Neo-Nazi Terrorist Attack


Armstrong Economics Blog/Ukraine Re-Posted Oct 10, 2022 by Martin Armstrong

My sources in Crimea have confirmed that this was a Ukrainian Neo-Nazi terrorist attack. The driver of this 18-wheeler died. He picked up a load of fertilizer and was not part of the plot. They were watching and blew up the truck remotely killing the driver and the car next to it and blowing up the bridge. Ukraine itself has not taken credit for it. This was a coordinated attack by the Neo-Nazis. I cannot express how much hatred these people have stored up inside. They waited to detonate the truck when it was under a train of tankers filled with fuel.