Posted originally on Apr 9, 2024 by Martin Armstrong
While COVID has set in motion the collapse in confidence of the government and the media, the prosecutions against Trump and anyone associated with him are demonstrating that the Department of Justice is now weaponized. We are staring into the eyes of a collapse of justice for all. No government can stand when the rule of law collapses. These people are merely confirming our computer’s forecast into 2032.
Posted originally on Apr 9, 2024 By Martin Armstrong
One thing that analysts fail to explain is that Americans have begun working multiple jobs since the COVID pandemic that wrecked the global economy. Nonfarm payrolls increased 303,000 in March, but there are millions of Americans holding multiple jobs who can still not keep up with the cost of living even with wages up 4.1% in the past year.
Around5.3% of the US workforce held more than one job, on the books, in 2019 but that slowed during the pandemic when businesses were unable to open. In September 2022, 4.9% of American workers (7.7 million people) held more than one job (on the books) as the economy began to slowly recover but that trend did not stay in motion due to rampant inflation and the cost of living. By October 2023, 5.2% of the US workforce (8.4 million people) held more than one job.
Women are more likely than men to work multiple jobs. And we wonder why there is a birth rate crisis. Around 6% of US women in the workforce had two or more jobs by October 2023 compared to 4.7% of men.
Now these are simply the figures for those working on the books. The Biden Administration killed the gig economy when Americans relied on it the most by imposing numerous regulations that forced companies to classify contractors as employees. Then we have states carelessly raising the minimum wage, eliminating the number of available jobs, and raising costs for businesses overall.
Only 62.7% of abled Americans are participating in the workforce. This does not include the 7.4+ illegal migrants who cannot obtain working permits but rely on government aid. Then they “revise” the jobs report every month, with January’s overwhelming report of 353,000 new jobs now down by 27,000, and February’s posting shedding 5,000. Then if you read between the lines, the number of part-time workers, who do not have benefits, rose by 691,000 while the number of full-time workers decreased by 6,000. The Bureau of Labor and Statistics admitted that the number of Americans holding multiple jobs increased by217,000 or 5.2%, but this is drastically understated as many people work under the table or in odd jobs.
The jobs report is by no means an indication of a strong economy.
Posted originally on Apr 9, 2024 By Martin Armstrong
Former UK Prime Minister Boris Johnson reemerges from the shadows whenever he hears word that a war may be winding down. Johnson made an emergency trip to Ukraine when Zelensky was considering a peace deal with Russia, urging him to continue the endless war. According to Johnson, Russia was a threat to world peace, and Ukraine had the responsibility to fight a war of good vs. evil. Now, Johnson has reemerged from hiding to issue the same warning about issuing a ceasefire in Palestine.
The UK has already issued £87 million to fund the war on Palestine. The UK has provided Israel with £725 million, a low estimate, in arms since 2008. There are now calls from every corner for a ceasefire, as you cannot simply wipe out an entire nation to catch a group of terrorists. Palestine has no official army, human rights groups are outraged that countless Palestinians are being murdered on a daily basis, and everyone, including the United Nations, has asked Israel to back down.
“If you want an example of the death wish of Western civilization [sic], I give you the current proposal from members of the British establishment that this country should ban arms sales to Israel. If you want evidence of government madness, it appears that Foreign Office lawyers are busily canvassing the idea — which has not, as far as I can tell, yet been rejected by the Foreign Secretary himself. He seems to have gone into a kind of purdah on the subject,” wrote Johnson.
Israel is fully equipped with an elite military and arsenal that unofficially includes nuclear power. Since the terrorist attack on October 7, 2023, nearly 34,000 Palestinians have been killed by the IDF, including 13,000 children, and nearly 76,000 have been critically injured. Over 8,000 people are missing in Gaza. Estimates state that 1,139 Israeli troops have been killed, with nearly 9,000 injured. This is not a fair war by any means.
Gaza is in ruins. Around 80% of schools and commercial buildings have been wiped out in Gaza, according to the UN’s Office for the Coordination of Humanitarian Affairs, the World Health Organization, and the Palestinian government. Around 83% of groundwater wells have been terminated. Humanitarian aid cannot reach Gaza, and aid workers from around the world are rapidly dying in the crossfire.
“More alarming still, we are told that an Israeli arms ban is the subject of an active row in Cabinet, with only a handful of ministers positively sticking up for Israel. The contagion has spread pretty wide, and very fast. The proposed embargo is now supported by MPs on all sides, by the former head of MI6, by some former Supreme Court Justices, and by about 600 members of the legal profession, all of them clamouring for us to turn our backs on the only democracy in the Middle East,” Johnson continued. “Let us be clear what it would mean, to ban arms sales now, when Israel is under a greater existential threat than at any time I can remember. If we ban the sale of arms ourselves, it surely follows that we do not think any self-respecting country should be arming the Israelis.”
Hamas does not pose a threat to the world’s stability. The inflation that will come from supporting endless wars, however, will pose a threat as it is further sinking nations into debt and contributing to the sovereign debt crisis. Neocon Boris Johnson does not care about the well-being of society, as his only goal is to support endless wars at the expense of the people on both sides.
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