COMMENT: Marty, I have now heard it all. When I asked why the stock market crashed, I was not told it was tariffs. I was told that “Armstrong told his clients there would be a Panic at the end of March to the first week of April. All the huge wealth funds are Armstrong’s clients.” I guess they flipped a coin. Heads, Trump did it; tails, Armstrong did it. I don’t think you will ever escape blame.
We need another WEC, ASAP.
Joe
REPLY: Look, the computer from the start of this year pointed to the last week of March and the first week of April. That was well before the tariff announcement. Trump’s tariffs are opening doors, not closing them. Maybe the smart ones figured that out and turned to me. These people can blame me as always. I think the difference this time is that we have opened Socrates so the entire world can see it. BTW, while Tucker is blocked in China, we are not. Everyone knows this is not my personal opinion.
This is the ONLY fully functioning AI computer with over a 40-year track record. I have often heard that they may not do what we forecast, but they certainly do not want to be on the opposite side. We warned that the AI stocks had peaked. They just got overdone at the start of this year. The computer projected this crash, for as Maggia once said, It’s Just Time.
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The response from the EU is exactly what we would expect to see from the end of the 80-year-old Marshal Plan.
EU Commission President Ursula von der Leyden has three big concerns with the new trade/tariff reset. I strongly suggest everyone to read the EU concerns slowly to fully absorb decades of hypocrisy now surfacing:
#1 The EU will not be able to compete for U.S. market share with 20% general tariffs and 25% auto tariffs.
#2 The EU must deploy countermeasures against the risk of losing industrial capacity and manufacturing to the United States.
And #3 The EU must defend itself against China dumping cheap products into the EU now rejected by the USA.
von der Leyen is concerned mostly about the extremely valuable U.S. consumer being leveraged by President Trump, essentially blocking exploitation from EU and Asia. The EU will not tolerate losing access to the most valuable customers in the world, Americans.
Showcasing the mindset, Ursula von der Leyen vows to take all action needed to retain U.S. customers, even if those customers no longer want her products. The USA will allow Europe access, or there will be hell to pay. I must say this is quite funny.
(Via Politico) […] Von der Leyen said Trump’s tariffs would have dire consequences for consumers and businesses that have prospered through trade with the United States since World War Two.
[…] The EU chief executive said the bloc would ready countermeasures against Trump’s latest tariff broadside, in addition to a €26 billion package responding to tariffs he has already imposed on steel and aluminum. At the same time, she vowed, Brussels will work to protect the industries most exposed.
“We are already finalizing the first package of countermeasures in response to tariffs on steel, and we are now preparing for further countermeasures to protect our interests and our businesses if negotiations fail,” von der Leyen said from Samarkand, Uzbekistan, where she was attending a summit.
“We will also be watching closely what indirect effects these tariffs could have. Because we cannot absorb global overcut capacity, nor will we accept dumping on our markets,” von der Leyen said, as the bloc braces for a flood of cheaper exports coming from China and elsewhere that will be shut out of the U.S. market. (read more)
As noted by Treasury Secretary Scott Bessent, all of the global trade partners would do themselves a favor if they did not react emotionally with increased countervailing duties.
The currently outlined U.S. reciprocal tariffs represent a ceiling amount levied. The goal is to lower the tariffs to zero by eliminating all trade barriers. If the EU raises their baseline tariffs, the only thing that happens is the U.S. side increases at the same proportion. The higher von der Leyen goes in her tariffs, the higher the U.S. countervailing duty applies.
England has fallen. Politicians permitted open borders and permanently altered society. England is no longer a Christian nation. They have abandoned their core traditions and beliefs for outsiders who vote for liberal policies. The UK is now debating implementing new sentencing guidelines to establish a two-tiered justice system that will ensure white, straight, Christian men receive the harshest sentences.
Under new guidelines, judges and magistrates will obtain pre-sentence reports for offenders from minority groups. They will be asked to consider an offender’s religion, race, and sexuality to ensure their treatment is favorable.
Justice Secretary Shabana Mahmood is reviewing the blatantly biased policy. “The guideline states that a pre-sentence report will normally be considered necessary for these cohorts. A pre-sentence report can be instrumental in assisting courts in the determination of their sentence. But the access to one should not be determined by an offender’s ethnicity, culture or religion,” she stated. “As someone who is from an ethnic minority background myself, I do not stand for differential treatment before the law like this.” You know the situation is dire when even the liberals are questioning its validity.
Sarah Jones, the industry minister, declared that England cannot have a two-tiered justice system. “We disagree with this decision. I think it’s really important in the country that people are trusting in the justice system that we have and that means you can’t have a two-tier system, it has to be fair, it has to be equal to everybody and so we have asked them to think again about this guidance,” Jones stated.
The Labour Party announced it would increase migrant spending by 30% this year. The majority of mayors in major cities are Muslim, which is not a negative but a sign of how society has changed. Muhammad has been the most popular baby boy name in the UK in recent years. The UK has lost its identity and is no longer a Christian nation. Pew Research Center believes that Muslim women will have more children than Christian women by 2035, and Islam could become the most followed religion in the world. Build Back Better nations are becoming unrecognizable as the very essence of their cultures and traditions is challenged.
I lived in London for years and fell in love with the city, but it has drastically changed, and I would not want to return as a permanent resident. Politicians are willing to change the rule of law to punish their own citizens. Britain is voting itself into extinction as repopulation theory destroys their culture and the nation they once knew.
The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending. Politicians have kicked the can down the road for far too long and left us with a financial system held up through perpetual borrowing that cannot be reversed.
The CBO’s long-term forecast shows the federal deficit rising to 7.3% of GDP by 2055, but the figure is currently at 6.2% as of 2025 and this is an optimistic report. In contrast, the 30-year average from 1995 to 2024 was 3.9% of GDP. Public debt is projected to hit 156% of GDP by 2055, up from the 100% of GDP we face today.
Now the CBO mentioned that Trump’s tariffs could negatively impact the economy but we reached the point of no return years ago. Trump cannot be blamed for the current situation in the least. “Mounting debt would slow economic growth, push up interest payments to foreign holders of U.S. debt and pose significant risks to the fiscal and economic outlook,” the Long-Term Budget Outlook: 2025 to 2055 stated.
The Baby Boomer generation is at or nearing retirement and Social Security benefits are currently at 5.2% of GDP. The CBO believes this will reach 6.1% of GDP in 2055 but fail to recognize the fund is drying up. The Ponzi Scheme will come crashing down.
Interest expenditures alone have hit 3.2% of GDP as America. In 2024, the US spent $881 billion simple to finance its massive debt, and that figure is projected to reach $1.8 trillion by 2035. We spend more on servicing debt than we do on defense spending at this point.
Raising taxes cannot solve this massive issue, but that will not prevent the government from attempting to extort the people to cover their fiscal mismanagement. The government knows it is trapped and will continue to hold off on paying down their debt as long as possible. Worse still, other nations are decreasing their investments in Treasuries as we have seen with China and Russia. Japan is our main buyer now but they have their own colossal problems.
The debt crisis is global. America is far from the only nation facing an outright default, and as I have warned, we will see the pieces crumble one by one with America being the last frontier. This is precisely why Europe wants war because they are attempting to delay the inevitable collapse. Some believe they can confiscate Russian natural resources and save the day, but that is simply neocon fanfiction.
The ECM has pinpointed key turning points in the global economy, and the next phase of this crisis is unfolding right before our eyes. The sovereign debt crisis is inevitable, and as we approach 2028–2032, we will see capital flow away from the West once confidence in government collapses.
The World Health Organization admitted that it has “no choice” but to cut its budget substantially. America’s exodus from the organization left the WHO with a budget gap of $600 million for FY2025, and it plans to cut expenditures by 20%.
The United States provided 16.3% of all funding from FY2022-2023, amounting to $1.3 billion of the organization’s $7.89 billion. Trump believes the WHO partnered with China to hide the origins of COVID-19, and he is particularly disgruntled that the US was paying 10X more into the organization compared to China at a cost of $500 million annually. “The World Health Organization has become nothing more than a corrupt Globalist scam…paid for by the United States, but owned and controlled by China,” Trump stated in November 2024. “I will not allow public health to be used as a pretext to advance the march of global government,” Trump stated before vowing to leave the organization.
“Dramatic cuts to official development assistance by the United States of America and others are causing massive disruption to countries, non-governmental organisations and United Nations agencies, including WHO,” WHO director-general Tedros Adhanom Ghebreyesus said in his e-mail to staffers. “While we have achieved substantial cost savings, the prevailing economic and geopolitical conditions have made resource mobilisation particularly difficult.”
Tedros is the first person in the 75-year history of the WHO who is not a medical doctor. Klaus Schwab supported him for that post, just as he recommended Lagarde for the IMF and then for the European Central Bank. He has also put in the head of the IMF from his board of the WEF as well. Schwab has the WHO in his back pocket. To put someone who is not a medical doctor at the head of the World Health Organization would be like putting Jeffrey Epstein as the head of a monastery.
The Bill and Melinda Gates Foundation was the second-largest donor to the WHO, and Gates used the organization to push the pandemic response, urging nations to use the very vacations he helped to fund. That man had ties to every globalist health organization. Still, Gates has come forward in recent weeks saying his organization simply can’t make up for the budget gap caused by the US withdrawing—and that is GOOD NEWS.
All the world leaders supporting the Great Reset were eager to relinquish complete power to the unelected officials at the WHO. The WHO wanted to seize the ability to force health mandates on the global population. The organization continually asks for global taxation in the name of health.
The scheme is to eliminate democracy. They accomplished that in Europe, where the people are allowed to vote only for an MP who has no power to overrule the Commission, which never stands for election, as is the case with the head of the EU, who is also UNELECTED by the people. The general belief is that the people are TOO STUPID to know what is best, and democracy became populism when Trump was elected. This proposal is clearly stated as part of the Great Reset put out by Klaus Schwab and the World Economic Forum.
The Pandemic Treaty would have allowed the WHO to bypass national laws and impose its will on the people. There has never been a more massive power grab than what we witnessed under the guise of the pandemic. The WHO attempted to force nations to sign a Pandemic Treaty in 2022 to ensure it could remain in control:
“The COVID-19 pandemic has exposed gaps in the governance, financing and systems needed to keep the world safe from epidemics and pandemics. There is an emerging global consensus around the need for an international treaty or other legally binding instrument, to provide the framework for a more coherent and coordinated response to future epidemics and pandemics.”
They had plans for global passports, taxation, and every method to provide a small group of unelected “visionaries” with centralized control over the world. The WHO is one of the organizations that was used to help them achieve their goal. As stated on the World Economic Forum’s website:
“To achieve a better outcome, the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a “Great Reset” of capitalism.”
Now I could go on endlessly about the plans for the Great Reset, but focusing on the WHO’s involvement—their role was to weaponize public health to provide the WEF and UN with the ability to restructure the global economy. Trump’s withdrawal from the organization was a major win for global freedom. We will see the nations still on board with the Great Reset attempt to boost funding, as the power the pandemic provided was far too great to relinquish.
The US Department of Health and Human Services (HHS) announced plans to cut its workforce by a quarter, eliminating 10,000 positions. Robert F. Kennedy Jr. has vowed to gut the entire agency in his effort to Make America Healthy Again, vowing that eliminating excess bureaucracy will allow the agency “to do more with less.”
The agency plans to cut $11 billion in public health funding, and while Kennedy admits there will be a “painful period” ahead, one must look at the numbers and realize that these inflated agencies have not led to improved health care. “All of that money,” Kennedy said of the department’s $1.7 trillion yearly budget, “has failed to improve the health of Americans.”
America is one of the sickest nations in the developed world. Critics believe that these cuts will damage public health, but America is spending nearly 18% of its GDP on health care initiatives without results. The average American will not live to see 80 years of age. The average life expectancy stands around 76.4 years, according to the CDC, with women living an average of 79.3 years and men expiring sooner at 73.5. Those figures have been steadily declining each year. In comparison, the global average is 82.5 years.
The US ranks 32 out of 38 OCED nations for life expectancy. Yet, the US spends far more per capita on health compared to other developed nations. In 2023, America spent $13,432 per capita. In comparison, Switzerland and Germany, the second and third highest spenders, only pay a bit over $7,000 per capita and have healthier populations.
Young Americans (25-29) are dying at a rate 3X higher than their peers in advanced economies. Kennedy’s main platform has been to speak on behalf of the children of America, who are facing increased risks of illness compared to past generations. Kennedy claims 66% of children suffer from some form of a health condition, with other estimates putting this figure closer to 40%.
The Biden Administration increased the health department budget by 38% and inflated the workforce by 17%. Additional funding did not address the root causes of America’s health epidemic. Kennedy plans to consolidate 28 divisions into 15, and will cut regional offices from 10 to 5. A more cohesive agency will provide a “new era of responsiveness and a new era of effectiveness,” as we cannot continue funding measures that are not producing results.
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