Tag Archives: Economic Collapse

Dec 9 2024

Ryan James Girdusky: How Birthright Citizenship is Creating A Baby Boom For Migrants in America


Posted originally on Rumble By Charlie Kirk show on: Dec 7, 2024 at 8:00 pm EST

Dec 9 2024

Ryan James Girdusky: The Biggest Problem in American Education & How To Fix It


Posted originally on Rumble By Charlie Kirk show on: Dec 7, 2024 at 8:00 pm EST

Dec 9 2024

Romanian Election Overturned


Posted originally on Dec 9, 2024 by Martin Armstrong 

RomanianFlag

There is new turmoil during the final month of the Political Year from Hell emerging in Romania after the constitutional court annulled the presidential election. Calin Georgescu, who the media declared as a far-right extremist, won the election. The establishment cried “RUSSIAN INTERFERENCE!” and has refused to acknowledge the results.

Georgescu is a critic of NATO and the neocons. He does not support the ongoing war nor does he adhere to the Build Back Better agenda of the New World Order. President Klaus Iohannis released declassified documents ahead of the election that claim Russia interfered in the election by promoting the candidate on social media, TikTok in particular. The establishment also claimed Russia launched 85,000 cyber attacks that primarily targeted social media platforms.

How many nations have blamed Russia for interfering in their elections in recent years? More so, why do we allow them to continue perpetuating this lie when no concrete evidence has been found?

The press release called into question Article 146(f) of the Constitution states that elections must be legal. The courts had already demanded a recount of first votes, and now, the secondary election against Elena Lasconi of the Save Romania Union Party has been permanently canceled. The election cycle must now restart and the people’s wishes must be silenced.

Georgescu ran on a platform of ending Romania’s involvement in the Russia-Ukraine war and vowed to end all funding to Ukraine. He does not believe in climate change and does not want to decimate Romania’s energy industry to accommodate net zero emission goals. Georgescu also questioned the COVID narrative. All of his leading speaking points were anti-establishment, thus, the establishment ensured he could not take office.

Dec 9 2024

Korea Political Crisis


Posted Dec 9, 2024 by Martin Armstrong |  
South Korean M Array 12 4 23
South Korean ECM

QUESTION: Mr. Armstrong, I first want to thank you for your forecast on South Korea, which you delivered here in Asia. I understand this is the computer. Others would call you a seer. I wonder if you have time to update that forecast since we are as divided here in South Korea as you write about the United States.

Thank you for your courage and consideration.

YM

South Korean ECM 2023 1 8.6 wave
South Korean Y 12 4 24

ANSWER: The Economic Confidence Model for South Korea shows that we are headed toward the next turning point on March 3rd, 2025. South Korea may still head into a major turning point in 2029. We are ABOVE the Yearly Bullish Reversals I gave back at the Thailand conference, and this will be the first time we will be in a position to elect it for the year-end. We can see that this currency has broken out above the downtrend line for the last three years.

For those who do not understand the Korean constitution, most parliamentary systems and even the US Constitution allow the head of state to disband Parliament/Congress and recall them. In Korea, the constitution omitted that authority. Thus, the deeply divided political system was in gridlock, and Yoon declared martial law around 10:30 p.m. local time on Tuesday in an unannounced late-night TV address. He accused the country’s main opposition party of sympathizing with North Korea and of “anti-state” activities.

He also cited a motion by the opposition Democratic Party, which has a majority in parliament, to impeach top prosecutors and reject a government budget proposal. Yoon chose martial law, which lacked any other legal way to break the deadlock. He probably assumed that he had more support than he actually did. Yoon’s move to impose martial law earlier this week for the first time since 1980 was rejected by angry opposition lawmakers, who are planning an impeachment vote against Yoon on Saturday.

1923Array

When we look at the Monthly Array from 2023, we can see that the major turning point would be April 2024, which the computer was projecting from November 2023. The April 10th, 2024 election when all 300 members of the National Assembly were elected, 254 from first-past-the-post constituencies and 46 from proportional party lists. The two largest parties, the Liberal Democratic Party and the conservative People Power Party, once again set up satellite parties to take advantage of the electoral system.

The election served as a “mid-term evaluation” for President Yoon Suk-yeol’s administration, nearing its third year. The question became could the ruling party surpass the constraints of the ruling coalition, which did not secure a majority in the previous general election? The election saw opposition parties, primarily the Democratic Party, retain their majority in the National Assembly. We can see the numerous Directional Changes thereafter ensured a divided political state.

South Korean M Array 12 5 24

1924 Array

This brought us to December, with a Directional Change followed by January. Then, we have a Panic Cycle in March. This gets even more complicated for as one reader points out, according to data from the Defense Manpower Data Center, South Korea has the third highest number of active U.S. troops deployed of any country outside of the contiguous U.S., at over 23,000 personnel compared to Japan (52,852) and Germany (34,894). In total, as of June 2024, the US DOD has 165,830 active personnel overseas.

North Korea ECM 2 1

When we look at North Korea, this current 8.6-year wave turned up in January 2023. We must be mindful that the next key target for confrontation will be March 25th, 2024.  The turning points within this 8.6-year wave are as follows:

2023.08, 2025.23, 2026.305, 2027.38, 2028.455, 2029.53, 2030.159, 2030.525, 2031.68

2024 Year End Report

We will include Korea in the 2024 Year-End Report. This is included in those who attended to the WEC or the Virtual Plus Stream with the reports.

Dec 9 2024

JFK The Last Speech – Regime Change


Posted originally on Dec 8, 2024 by Martin Armstrong 

Dec 9 2024

The Tyranny in Canada Accelerates


Posted originally on Dec 7, 2024 by Martin Armstrong 

Canada 3rd Wave ECM

The Third Wave of Canada ended in 2022, and we have begun the Fourth Wave, leading to more authoritarianism, and the Trudeau government seeks to retain power. But this immediate 8.6-year wave reaches its peak in 2026.59. There is no question that the centralized government of Trudeau recognizes that the end is near. They are responding like most others, realizing that centralized control from government has run its course, and the upheaval we see in the aftermath of the Trump victory with the governments of Germany and France cascading toward civil unrest is on the timeline for Canada as well.

Most Canadians do not make the connection between the 1930 Imperial Conference and the passing of the Statute of Westminster in 1931, which recognized Canada’s independence as it became co-equal with the United Kingdom.

Britain Suspends Gold Standard 9 21 1931

The sovereign Debt Defaults of 1931 also resulted in the fall of British rule over Canada. Had it not been for these defaults, nothing would have changed for Canada. That debt crisis led to the Statute of Westminster in 1931. We are now cascading into the next sovereign debt crisis that we have already begun to witness in France, where government debt falls below corporate and French sovereign rates, which have exceeded those of Greece.

Canada Unemployment Y 12 7 24

There is little question that the Canadian economy has turned down with the Economic Confidence Model (ECM) turning point here in May 2024. When we look at the Unemployment model, we can see that 2024 was a Double Directional Change and we are cascading into 2025. There will be yet another Directional Change in 2026, taking us into a trend into the ECM due in 2028.

Trudeau and Castro

Canada’s Prime Minister Justin Trudeau said back in October that he would lead his Liberal Party into the next election, dismissing a request by some party members not to run for a fourth term. More than 20 lawmakers from his own party signed a letter asking him to step down before the next election. Trudeau is out of touch with the people and is acting very much like a dictator, as some continue the rumor that he is really the son of Fidel Castro after the alleged affair of his mother with Fidel. That was not helped by his statements telling a Toronto fundraising crowd that he admired China’s “basic dictatorship.”

The next Canadian election will be in 2025 and will take place on or before October 20, 2025, to elect members of the House of Commons to the 45th Canadian Parliament. The critical monthly targets in 2025 will be March, July, and October.

After the attack on freedom with the Truckers, Trudeau is using Ukraine as an excuse to confiscate guns in Canada “immediately” with no due process notice whatsoever, acting as a dictator. Trudeau has so profoundly harmed the Canadian economy that fear is rising about civil unrest, and the answer is to disarm the people in a true dictatorial fashion. Canada is confiscating citizens’ guns and sending them to Ukraine to Kill Russians in the name of the Neocons. This is yet another act demonstrating that Trudeau has no respect for even democracy that would allow the people to vote on such a confiscation.

Dec 8 2024

Using Global Intelligence Services as Justification a Romanian Court Has Nulled Their Election Result – Romania is on Precipice of Chaos


Posted originally on the CTH on December 7, 2024 | Sundance

This is stunning, yet in a way not unexpected all things considered.

We previously outlined how Make Romania Great Again candidate Călin Georgescu came out of nowhere and won the first round in the presidential election. {GO DEEP}

The U.S. and EU heads went bananas at the surprise upset.

Georgescu is a nationalist, and his ideological outlook is the exact opposite of what the EU/U.S want to see. As a consequence, appeals were made to Brussels to intervene and simultaneously inside Romania the election results were reviewed by the court.

Last Monday the Romanian courts validated the first-round results, affirming their legitimacy.  However, on Friday with information provided by CIA and various intelligence services, just two days before the second round of voting, the same court annulled the election results, threw out the votes, and now say another election must take place.

The EU intelligence services apparently said social media platforms like TikTok were to blame for Georgescu’s surge in popularity.  His voters violated customs and norms of regular media that are used to control political outcomes in Romania, and therefore the election result cannot be allowed to stand.  The people in Romania are stunned at the intervention, and no political party agrees with it.

ROMANIA – […] The Constitutional Court in its published decision cited the illegal use of digital technologies including artificial intelligence, as well as the use of “undeclared sources of funding.” It said one candidate received “preferential treatment on social media platforms, which resulted in the distortion of voters’ expressed will.”

Georgescu slammed the verdict as putting “democracy is under attack.”

“I have only one pact … with the Romanian people and God,” he said in a video statement. “We are no longer talking about fairness but rather about a mockery that betrays the principles of democracy … It is time to show that we are a courageous people who know that the destiny and rights of the Romanian nation are in our hands.”

Lasconi also strongly condemned the court’s decision, saying it was “illegal, immoral, and crushes the very essence of democracy” and that the second round should have gone forward.

“Whether we like it or not, from a legal and legitimate standpoint, 9 million Romanian citizens, both in the country and the diaspora, expressed their preference for a particular candidate through their votes,” she said.

“I know I would have won. And I will win because the Romanian people know I will fight for them, that I will unite them for a better Romania,” she added.

Some 9.4 million people — about 52.5% of eligible voters — had cast ballots in the first round in this European Union and NATO member country. The president serves a five-year term and has significant decision-making powers in national security, foreign policy and judicial appointments. (read more)

This truly is one of the most remarkable examples of the EU globalist-left, refusing to accept an election result and would rather throw their country into mass chaos than accept a nationalist leader winning the presidency.

Keep in mind, in the background of this election was a series of defeats for Bussels and the World Economic Forum globalists.  The “New Democracy” group of totalitarians were crushed in France, Germany, Hungary and then obliterated in Georgia.  Apparently, Romania was the final straw for the EU control agents.  This really is remarkable.

What happens next is anyone’s guess, but it appears the people of Romania are going to try and vote their way out of it.

Imagine what would happen in the USA if Donald Trump won the election, then congress certified the election, and then suddenly the U.S Supreme Court said, ‘nah, we don’t like the outcome, do it again.’

Romania is a hot mess, and we just know the “intelligence services” and Samantha Power are organizing their internal control mechanisms right now to make sure Călin Georgescu and his kind do not rise again.

There are trillions at stake!

Dec 7 2024

Insurance the #1 Consumer Fraud in America


Posted originally on Dec 6, 2024 by Martin Armstrong 

Insurance

QUESTION: Why have you not commented on the killing of Thompson in NYC?

DD

ANSWER: I don’t know what you want me to say. I think this was inevitable, as insurance companies are the #1 consumer fraud rip-off of Americans every day of their existence, and they grease the palms of politicians to be exempt from consumer fraud. I have NEVER had any insurance company EVER honor what they pretend. I was self-insured here for the storm. A guy a couple of doors from me was paying $40,000 yearly for insurance, and they denied all his claims. He will no longer buy insurance. One of my staff had her car parked, and a drunk guy slammed into it, totaling the parked car. Her insurance company said he had to be paid by the other one, over a year and no payment. My mother’s house had a pipe freeze. They sent investigators asking neighbors if she was there because she went to stay at my sister’s. They have a clause that if you are not there, they will not pay. That cost me $50,000 to fix her home. In a storm, the top of the tree broke and lunged into a brand new Porsche, maybe 2 weeks old. I sent it to the Porsche dealer, who sent it to Bordentown Autobody, which burned down with my car inside. Allstate said it was two deductibles.

They charge your car insurance on the value you pay for brand new. Put in a claim, and it is suddenly depreciated, yet they continue to charge you on the original price. They NEVER reduce your car insurance in proportion to the depreciation. That is consumer fraud, and our politicians do NOTHING!

Insurance companies kill people all the time. This was inevitable. The shell casings found at the scene where the UnitedHealthcare CEO was shot dead by a masked gunman in front of a busy New York City hotel had “deny,” “defend” and “depose” written on them. This was retribution. It is a shame that it will not change the culture of insurance, and the police and politicians will love to hunt down this guy and kill him in a blaze of glory. Nobody will ever look at the corruption that sent this guy over the edge. I am very concerned that we may see others start to do the same, for those in the insurance industry will always worship the penny over the lives they pretend to care about. Our politicians line their pockets at the expense of We the People.

Dec 7 2024

Jurors Deadlocked in Daniel Penny Trial – Judge Says Keep Deliberating, Contemplating Allen Charge


Posted originally on the CTH on December 6, 2024 | Sundance

The jurors in the trial of Daniel Penny have been in deliberations since Tuesday. Today the jury informed the judge they are deadlocked and unable to come to a verdict.

The 12-person jury sent a note Friday morning saying they are having trouble reaching a consensus on whether to convict Penny, 26, of “recklessly” causing Neely’s death by placing him in a six-minute chokehold back in May 2023. If the jury continues to be unable to reach a verdict, Manhattan Supreme Court Justice Maxwell Wiley would be required to give them what’s known as an “Allen” charge, urging them to reach a unanimous verdict.

NEW YORK – Jurors are deadlocked in the case of marine veteran Daniel Penny, 24, who pled not guilty to manslaughter charges brought on after he held street performer Jordan Neely in a fatal chokehold on a New York City subway train last year.

Jurors began deliberations on Tuesday in the trial of a military veteran accused of causing the death of a man with a chokehold on a New York subway, and ended with uncertainty this morning as the jury failed to come to a decision.

The judge emphasized the jurors’ duty to reach a verdict, stating that “deliberations were not intended to be easy,” but they should “harmonize” their views and make a decision.

“It would be a crazy result to have a hung jury because they can’t move onto the second count,” prosecutor Dafna Yoran was overheard telling the judge. Judge Wiley is now contemplating whether to issue an Allen charge to encourage a unanimous decision.

An Allen charge is a court order given to a deadlocked jury to motivate them to reach a unanimous verdict. A deadlocked jury may also lead to a retrial of the case. It can also lead to a hung jury, causing a retrial or a mistrial. A hung jury is unable to reach a verdict by the required voting margin and will often result in a retrial. In some cases, the judge may instruct the jury to continue deliberation, but this is not a common practice. (read more)

Penny’s lawyers have said the Marine veteran and aspiring architect was justified in protecting passengers from a man who witnesses said yelled, “Someone’s going to die today!” and said he was ready to go to jail after boarding the uptown F train. But Manhattan prosecutors have stressed that no witness testified that Neely threatened anyone specifically, touched anyone, or brandished a weapon.

This trial has the potential to change the way people respond to crisis events and threats of danger.

I hope, for a myriad of reasons, Mr Penny is able to walk out of the courtroom a free man.

Dec 6 2024

Volkswagen Protests – The Contagion Begins


Posted originally on Dec 6, 2024 by Martin Armstrong 

Volkswagen Symbol

Tens of thousands of Volkswagen employees have halted production to protest proposed pay cuts. The German automaker has stated it will need to close three manufacturing plants due to rising labor expenses, material shortages, and, most importantly – the climate change agenda that has demonized fossil fuels.

Over 120,000 workers now face a 10% pay cut if they can manage to keep their jobs. The IG Metall union has warned that protests will be fierce. Volkswagen remains Germany’s top-selling car brand, composing 19% of the market share. Yet profit margins have dropped from a forecast of 7% to 5.6% for 2024 after the company’s cash flow turned negative in the first half of the year. The company states it needs to save 10 billion euros by 2026 in addition to finding a way to cut another 4 billion euros. Operating profits have fallen by 11.4% and they simply cannot continue producing these EVs at the same pace they were producing dreaded fuel-powered cars because the demand is not there.

Now many blame China for providing state subsidies for EVs that are far cheaper than the vehicles produced in Germany. This is why places like the US have placed a 100% tariff on those vehicles so that there is no demand. However, there is simply low demand for electric vehicles everywhere. You cannot force people to buy EVs even if you destroy the energy sector and make prices skyrocket 300% as they did by killing Nordstream. Pushing manufacturers to switch to meet these arbitrary emission targets is killing the entire auto sector which is about 17% of Germany’s entire GDP.

Germany believes it can reduce carbon emissions by 65% by 2030, followed by an 88% reduction into 2040 before meeting gas net neutrality in 2045. They claim that Germany is five years behind on its adoption of electric vehicles as it is far from meeting its goal of 15 million EVs by 2030. The average EV price in euro shot up 7.5% in the past year to €56,669. Infrastructure and charging stations remain inadequate to meet these goals.

Germany relies heavily on automotives, and Europe relies heavily on Germany as its top economy. Now, due to climate initiatives, Volkswagen is closing plants for the first time in its 87-year history. Pay close attention to Germany’s automotive sector, as it could easily cause a ripple effect throughout the entire European economy.