Posted originally on Aug 16, 2024 By Martin Armstrong
The coming economic collapse will not resemble the Great Depression. Yes, we are in a recession – but it will not be reminiscent of the Great Depression that began in 1929.
For you see, the landscape is entirely different now. America was transitioning from an economy based on agriculture to industrialization. About 40% of the economy was agriculture-based at the time. Outside factors like the Dust Bowl provided those is the agriculture sector with no alternative for work, hence the US experiences unemployment rates around 25% because farmers were out of work.
The economy cannot be properly analyzed from a domestic lens. By 1931, all of Europe defaulted on its debt, and Britain went into a moratorium. Mom and pops who invested in foreign debt were paying high interest in high denominations that the likes of Goldman Sachs were selling at the time. They lost all their money. It was a different time as it was a major transition.
The economic collapse on the horizon will be more reminiscent of the 1970s, when we entered a period of stagflation – inflation rises, but economic growth declines.
The Federal Reserve is in a tough place. Keynesian economics was created at a time when the US had a balanced budget, and the government was not the largest borrower. Emergency rate cutswill do nothing as this is a confidence game. Central banks throughout the world understand that they are helpless. Governments are now the biggest borrower of national debt and in the US we have interest expenditures exceeding $1 trillion. The Fed and central banks in general can do nothing to prevent runaway inflation or curb government spending.
We face difficult times ahead. Japan will perhaps be the first to default before the contagion spreads to Europe. My aim was to create a system like Socrates that could help people navigate the inevitable ups and downs of the economy. We know what is to come so we can stay prepared. Again, we are not entering a second Great Depression by any means, but dark days are upon us.
Posted originally on Aug 16, 2024 By Martin Armstrong
QUESTION: How can you say that Trump is above the law and should have immunity?
GH
ANSWER: That is a very nice argument put out by Chuck Schumer, who distorts the law for political gain. In Van de Kamp v. Goldstein, 555 U.S. 335, 129 S. Ct. 855 (2009), the Supreme Court held that when the prosecutor’s administrative functions are so closely related to the trial process, they are also protected by the prosecutor’s absolute immunity. Id. at 864-65 (focusing not on how the information was delivered, but instead on how it is maintained)
Chuck Schumer makes it sound like Trump is the only one with immunity. He is an outright liar and is only fueling civil unrest. Prosecutors and judges are ABSOLUTELY IMMUNED, but somehow the President has none? Schumer claims nobody should be above the law. Well, let’s start with the Judges and prosecutors or those in Congress. He wants to tear apart the Supreme Court to manipulate the law for his political agenda. The tyranny this man supports is what the American Revolution was all about.
When the history of this period is written, Schumer will go down as a major factor in destroying the United States and his role in fostering civil unrest.
Posted originally on Aug 15, 2024 By Martin Armstrong |
The United Nations is a SERIOUS threat to our future, and not only should the United States withdraw from the UN, it should be thrown out of New York City. The Biden Administration REFUSES to seek peace with Russia and has NO INTENTION of negotiating with Russia. That effectively says the United Nations is just a dog and pony show with no purpose other than to expand its own power as well as its World Health Organization to create its long-term dream of ruling the entire world.
From the very beginning, the United Nations has indulged in self-aggrandizement to elevate itself to the de facto world government. They have been a proponent of tyranny, even using climate change and health that they alone should be in charge. This treaty they just proposed is called the Comprehensive International Convention on Countering the Use of Information and Communications Technologies for Criminal Purposes, pretending this is about cybercrime. Still, it is not – it is about censorship. The UN claims this is the only way to create peace by putting them in charge of the world – unelected, of course. They encouraged this war between the West and Russia because they believed that they could emerge as the Great Peacemaker, which would finally justify their assumption of dominion over the entire world.
This power-hungry United Nations approved its first International Cybercrime Treaty despite significant objections from all the tech companies and human rights groups. This Treaty is HIGHLY DANGEROUS and will tear the world apart and further suppress human rights, which is the objective of the United Nations, just as we are witnessing with all of these hate speech crimes and imprisonment for merely criticizing a government as in Britain and Ireland. This has been part of the World Economic Forum’s 2030 Agenda of world domination. Schwab is a control freak not unlike Joseph Stalin, who launched his great Purge to silence all his critics.
This Treaty will authorize electronic surveillance worldwide in the name of criminal investigations. It abandons every fundamental principle of global human rights, including freedom of speech and expression. It seeks to establish the most expansive jurisdiction for a crime, just as Britain is seeking to extradite an American for criticizing the new Labour Government in Britain.
The United Nations, which is totally UNELECTED, is creating this Treaty as oppression, fully knowing that the clauses it contains are vague and subject to wide interpretation, allowing countries to come up with their own self-serving interpretations to prosecute anything they call a crime that takes place on a computer system internationally. This is intended to silence podcasts worldwide.
Governments know they are losing power. I have warned that historically, they will ALWAYS become authoritarian and tyrannical. Instead of asking why people are becoming angry, they seek to punish them and think that they can intimidate people into being silent economic slaves. A Milan court has ordered a journalist to pay Italian Prime Minister Giorgia Meloni damages of 5,000 euros ($5,465) for making fun of her in a social media post. Free speech is dead. It is only a matter of time before this United National initiative transforms the world into a prison of economic slaves denying any right to express an opinion.
This cybercrime convention is a deliberate effort to silence the entire world. It is most ironic that China and Russia are the two countries that will refuse to honor this tyrannical decree. What does that say for Western culture and values? This treaty will now go to the General Assembly’s 193 member states. If this UNELECTED body of anti-democratic people accepts it by a mere majority, then it will move to the ratification process, in which individual country governments must sign on. Any American representative that agrees to this Treay should be charged with Treason for it violates everything in the Constitution, and there is NO authority to surrender the sovereignty to the United Nations and allow foreign countries to extradite for crimes in their country that violate Constitutional rights in the United States. Britain is hopeless, for the actions of the police under this new Labour government have sealed the fate of Great Britain to be anything but Great.
This Treaty is truly intended to provide a global legal framework to remove territorial jurisdiction for anything done on a computer. They pretend to be concerned about cyberattacks when it is about collecting and sharing electronic evidence for serious crimes worldwide that will be fining or imprisoning you because you said Prime Minister Giorgia Meloni is short or she parts her hair on the right instead of the left or perhaps that she is attractive and that is perhaps a lustful statement warning you would like to rape her. This Treaty is so vague it can be twisted into whatever they want.
No doubt, those in the Biden Administration would love this to become law and to surrender our sovereignty to the UN and its World Health Organization (WHO), run by Tedros Adhanom Ghebreyesus, who is not even a medical doctor. Tedros just declared MokeyPoxy in Africa a public health emergency of international concern. I’m sure Bill Gates has his patent vaccines all lined up for a COVID-19 sequel. Biden would love to push the blame on the World Health Organization’s declared lockdowns for the election to justify mail-in ballots all over again.
Just read the text of this Treaty. There are ZERO such safeguards for a free Internet. They will expand this to prosecute any criticism of the LGBTQ+ community anyone dares to express along with migrants as we have just witnessed in Britain. The plain, vague text allows governments to pass domestic laws that criminalize a broad range of conduct, and as long as it is committed involving a computer, they will point to this treaty to justify the enforcement of tyrannical measures. This Treaty will extinguish free speech and basic human rights for this would even overrule the American Constitution.
In the United States, we have the Sixth Amendment because the king would charge you with a crime and ship you back to England to be put on trial, where an English jury would always find you guilty. Because the alleged crime took place in America, putting you on trial in London meant you could not call a witness for your defense. This is the very same injury to human rights that the United Nations is seeking to reestablish for what the American Revolution took place.
This Treaty’s adopted text defers to domestic law for human rights safeguards on every level. Under this treaty, due process of law necessitates a fair notice, meaning you MUST be informed of the law to be guilty since guilt is an intentional violation of the law. You will be denied Due Process, for you will be criminally charged, extradited to some foreign land, and put on trial, which could even be the death penalty for a law you have never heard of in a faraway land.
The Constitution also prohibits Ex Post Facto laws. In other words, I make a left turn on main street and then pass an illegal law and come after me for that left turn I did a month before you enacted that law.
NOTHING in this Treaty would be deemed constitutional under ANY foundation of law. The scheme here is to prosecute you for mere speech violating some law in a distant land that would NOT be a crime in the United States.
Welcome to the ONE-WORLD government of absolute tyranny. The United Nations should be terminated and thrown out of New York City for it is seeking to overrule our Constitution. Any American who participated in this committee and agrees with this in the General Assembly is guilty of treason, violating the very oath of office they have assumed that the Constitution is the Supreme Law of the Land – not this terrorist organization masquerading as the champion of human rights worldwide.
Posted originally on Aug 15, 2024 By Martin Armstrong |
Robert F. Kennedy Jr. has been shunned from the 2024 US Presidential race since he first announced his decision to run. Another corrupt New York judge has ruled in favor of the establishment by banishing Kennedy’s name from the upcoming ballot due to a discrepancy in his address.
Obviously, Kennedy meets the requirement of being a US citizen and resident. Kennedy listed New York as his primary residence but has multiple addresses, as do all of the other candidates. New York Justice Christina L. Ryba ruled that Kennedy’s address was not a “bona fide and legitimate residence, but merely a ‘sham’ address that he assumed for the purpose of maintaining his voter registration.” Therefore, the people of New York will not have the opportunity to select him as their chosen candidate.
“Using a friend’s address for political and voting purposes, while barely stepping foot on the premises, does not equate to residency under the Election Law,” the judge wrote. “To hold otherwise would establish a dangerous precedent and open the door to the fraud and political mischief that the Election Law residency rules were designed to prevent.”
Does Kennedy live at 84 Croton Lake Road in Westchester County? The home technically belongs to Barbara Moss, the wife of his lifelong friend Timothy Haydock. The house faces foreclosure as Moss has a large outstanding balance. Kennedy has been in California to support his wife, Cheryl Hines, and her acting career. He admits that he has been traveling throughout the year and unable to spend much time in New York.
“He receives mail there. His driver’s license is registered there. His automobile is registered there. His voting registration is from there. His hunting, fishing, falconry, and wildlife rehabilitation licenses are from there. He pays rent to the owner,” the Kennedy campaign said. “His father was senator from New York. New York has been his residence continuously since 1968 although he has frequently lived elsewhere. He has never claimed any other state as a residency.”
Now, it is likely that Croton Lake is not Kennedy’s primary address. The neighbors say they have not seen RFK Jr. in the area and were surprised by the claim. Yet, this is quite common for politicians. AOC, for example, claimed she was living in the Bronx while living in Yorktown. Senator Tuberville of Alabama resides in Florida. Kennedy’s actions are questionable, yes, but a fair justice system would hold the same standard for everyone. We all know there is a two-tier justice system in America and they simply are looking for a reason to kick Kennedy out of the race.
Kennedy believes that the “Democrats are showing contempt for democracy.” “They aren’t confident they can win at the ballot box, so they are trying to stop voters from having a choice. We will appeal and we will win.”
We the people are granted the Constitutional right to choose our representatives. If they believed he’d receive little support, the establishment would let the people decide if they prefer RFK Jr. this November.
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