Tag Archives: G-20

May 24 2023

Trudeau Fails to Explain Democracy to Meloni


Armstrong Economics Blog/Politics RePosted May 23, 2023 by Martin Armstrong

Italian Prime Minister Georgia Meloni tuned out Canadian Prime Minister Justin Trudeau as he attempted to explain to her “democracy.” Is democracy when you jail peaceful protesters and lock them and their associates out of their bank accounts? Is democracy when you force all citizens to stay inside and force them to receive a vaccine to enter or exit the country? Perhaps democracy is when you set up the best-disguised eugenics program in the modern world. Justin mounted his high horse to discuss LGBTQ rights in Italy.

Naturally, Italy is a Catholic nation engrained in traditional values. “Canada is concerned about some of the positioning that Italy is taking in terms of LGBT rights, but I look forward to talking with you,” Trudeau reprimanded Meloni at the recent G7 meeting. Meloni later called Trudeau a “victim of fake news.” Italian newspaper Libero ran an article the following day featuring Trudeau in his famous Arabian nights blackface costume entitled “Questo Buffone Vuole Darci Lezioni” meaning “This Buffoon Wants to Teach You Lessons.” Clearly, the Italian people do not want a woke leader to change their values.

Gay marriage is legal in Italy. However, the government only considers the biological parent in a same-sex union to be the parent. Additionally, the government has condemned the woke agenda. “Being a man or a woman is rooted in who we are, and can’t be changed,” Meloni said. Meloni also called surrogacy a form of “slavery” and controversially said that children need a mother and a father.

The people of each nation should choose who leads them. Meloni’s government is what the majority wanted and Trudeau has no place changing Italian values. Italy has undergone numerous measures this year to prevent it from being pulled into this concept of a one-world government and culture. Italy banned the use of synthetic or cell-based cuisines and bugs “to safeguard our nation’s heritage and our agriculture based on the Mediterranean diet,” Meloni’s Health Minister Orazio Schillaci stated. Only in 2023 would we need to ban bugs in food. The nation also passed a ban on Anglomania or English words and reiterated that Italian must be the country’s primary language. Abortion is legal within the first 90 days of pregnancy in Italy, but medical providers can choose not to perform them for religious reasons. In Canada, you can abort yourself once you turn 18 through MAID.

Nations that wish to retain their individual identities will need to fight. The European Union is anything but united because each nation is still holding on to its personal identity. The people at the top, the WEF global elites like Young Leader Trudeau who support the Great Reset, actually think we can erase history and Build Back Better to be one united world. It’s not happening.

May 24 2023

The Close Mind of Those in Power


Armstrong Economics Blog/Politics Re-Posted May 23, 2023 by Martin Armstrong

Let’s make one thing clear. Russia is NOT flying jets over Ukraine – it sends in missiles and drones. Why is Biden sending the Jets to Ukraine? Zelensky swears they will not be used to invade Russia. However, they will be used to attack Crimea where the people there are Russian and have always been. They are not Ukrainian and this is a territorial grab for the sole purpose of starting World War III. I have actually heard that Russia must be destroyed because they are an orthodox Christian nation that opposes LGBTQ.

BudLight is the classic example of WOKE Management. I stopped in a restaurant and at the bar, a guy said to the woman next to him – you better not order a Bud. She said “Hell no!” And people started clapping.

It is one thing if this LGBTQ is about ending discrimination. What seems to be happening is people are starting to find this offensive and the net result is it is increasing discrimination – not eliminating it. The whole thing – don’t ask don’t tell was reasonable.  It is just as offensive if someone is trying to convert you to their religion regardless of what it might be. Everyone is entitled to their own space and beliefs. When you start to force them upon others, all that will emerge is confrontation.

To actually hear that Russia must be conquered because it reject LGBTQ, is now asking for World War III over this issue?

The  Biden Administration is perfectly fine if Ukraine uses the F16s to attack Crimea, which is exactly what they intend to do. Russia has already made it clear that an attack on Crimea is an attack on Russia. This is precisely what the American Neocons are hoping for so they can claim that Russia is the aggressor – not them. They want Russia to attack the USA or NATO and then they will launch nuclear war against Russia.

May 24 2023

France to Confiscate All Private Land by 2025


Armstrong Economics Blog/France Re-Posted May 23, 2023 by Martin Armstrong

QUESTION: I am writing to you today to seek your expert advice on a much-discussed topic in France: the Lagleize Law. As you probably know, this law, if passed, could radically change the way property ownership is structured in France.

The Lagleize law proposes to separate the ownership of the building from the land on which it is built. This means that a buyer could become the owner of his home without owning the land on which the property is built. In exchange for occupying the land, the owner of the building would pay rent to a freehold land agency (FLO).

I am particularly interested in the potential impact of this law on the French property market. Do you think that the Lagleize law could lead to a decrease in property prices, as some suggest? Or do you think it could have other effects, such as creating new investment opportunities or solving some of the problems in the current property market?

In addition, I would also like to know your views on how this law compares with similar legislation in other countries. For example, the UK has a long tradition of “leasehold” where land and buildings are often held separately. Do you think that the Lagleize law could have similar effects to those observed in the UK or in other countries with similar legislation?

I would be very grateful if you could share your thoughts on these issues. Your expertise would be invaluable in informing my understanding of this law and its potential implications.
I thank you in advance for your time and look forward to reading your response.
Yours sincerely

ANSWER: Europe is a Marxist paradise. The left has dominated Europe and when you just look at our Real Estate Index for each country, there is just no comparison. Of course, the left will always interpret the way to stop inflation they cause is to always confiscate property.

The entire “Commune” project began in France. They convinced Marx that Communism is the answer to stop the business cycle. We can see how that devastated human society in Russia, Eastern Europe, and China. Nevertheless, this Lagleize Law is in line with this same thinking but they are trying to do it just for landownership. As Socrates has written: “Keep in mind that given the dramatic decline of 70% from the last high established during 2015, that if we continue to move in the same direction after one target, then the move will not subside until the next target in time is reached. We have elected 2 Bearish Reversals from the last high thus far to date.”

We have not elected any Yearly Bearish Reversals in US property. It is highly questionable that the government could even try that since the 5th Amendment states plainly in what is known as the Takings Clause:

“nor shall private property be taken for public use, without just compensation.”

Whenever we analyze the law, we MUST look at the historical reason for its creation. The genesis of the Takings Clause can be found in Section 38 of the Magna Charta, which declared that land would not be taken without some form of due process.  King John (1166–1216), who signed that document, almost immediately denounced this undertaking to his barons.  However, that promise eventually made its way into the coronation oaths taken by kings, and, in England, it became a protection against the confiscation of lands without some form of a hearing.

I had to study international law in order to even be in a position to advise clients on global investment. On this subject, I found Sir Edward Coke (1552-1634), who was the Lord Chief Justice of England, really defined the English Common Law. He wrote the “Petition of Right,” which established specific rights, of alleged ancient provenance, against the powers of the King to prevent tyranny.  He eventually compiled everything in the law and prepared a full-volume series called the “Institutes of the Laws of England,” which set out his views on the role of the common law in protecting ancient rights against royal power.

Sir William Blackstone (1723-1780) wrote a four-volume series entitled the “Commentaries on the Laws of England,” which was used as a foundation for legal education in England. However, the founding of the United States relied upon his Commentaries to establish the American foundation of law. I would refer to his Commentaries to seek an understanding of the intent behind the Constitutional provisions as do US Supreme Court Justices from time to time.

You must understand the basic differences in law between nations before you dare step foot into that jurisdiction. The #1 mistake is to assume your legal tradition will apply in a foreign jurisdiction. For example, under common law, a wife or clergy cannot testify against a defendant. However, children can be forced to testify against a parent. Under French Civil/Canon Law, no family member can be forced to testify against another even a brother-in-law. The Canon Law recognized the sanctity of the family unit whereas the English King did not.

There is no constitutional prohibition against confiscating all the land in France and handing it to the State. In Fact, during the 1789 French Revolution, they confiscated all the land of the Catholic Church. On November 2nd, 1789, in the midst of the early enthusiasm for the Revolution and to solve the fiscal crisis of the Monarchy, the French Constituent Assembly passed a law to confiscate all Church property and to redistribute it by auction. The Assignat notes of the French Revolution were issued from 1790 – 1796.  To buy the land, you had to exchange coins for these notes.

So as you can see, history repeats. They confiscated land before, so the same idea resurfaces once again.

May 24 2023

Rotterdam Blitz 1940


Armstrong Economics Blog/War Re-Posted May 22, 2023 by Martin Armstrong

QUESTION: Regarding WWII Who Bombed Cities First
How does the bombing of the historical center of Rotterdam/Netherlands in May 1940 fits the picture? It seems Germany started bombing civilian targets.
Kind regards, Marco

ANSWER: The bombing of Rotterdam was different. There the Germans invaded and troops were fighting in the city.  The stories that were put out of 100,000 civilians dead were fake news. The civilian population had already fled because there was an invasion and the troops on both sides were battling it out in the city in a gorilla-style warfare.

The Germans subjected Rotterdam to heavy aerial bombardment by the Luftwaffe to support the German troops fighting in the city, and to force the Dutch army to surrender which was using the buildings in gorilla-style warfare. The bombing began with the start of hostilities on May 10th for four days into May 14th. Many have called this the Rotterdam Blitz. When the facts were sorted out, the official list published in 2022, revealed that at least 1,150 people were killed and 85,000 more were left homeless – a far cry from the fake news of war that 100,000 civilians dies in the bombing. As I have said, the first casualty of war is always the truth.

Nevertheless, at the end of the day, there are always more civilians who die in war than soldiers. That is the reality of all wars. The Iraq invasion was no different. This is why many consider the real war criminals to be the leaders who begin wars.

The “gentlemen’s agreement” did not apply to a troop invasion. The French bombing of the Siemens factory on June 7th, 1940 took place during the Battle of France (May 10, 1940 – Jun 25, 1940). However, it was targeting a military target. France and the Low Countries were conquered, ending land operations on the Western Front until the Normandy landings on June 6th, 1944.

The British bombing of Berlin was a retaliation that went too far and was meant to instill fear in the German population much as the US nuclear bombs dropped on two cities in Japan. I do not believe we will see a gentlemen’s agreement in World War III. I would bet that the capital cities will be attacked on both sides.

May 23 2023

Africa’s First Test Run for a CBDC has Failed


Armstrong Economics Blog/Great Reset Re-Posted May 22, 2023 by Martin Armstrong

The transition to CBDC in Nigeria did not go as planned. The elites always seek out African nations to use as their test subjects. Nigeria attempted to slowly roll out the program dubbed eNaria built on the Hyperleger Fabric blockchain. The Central Bank of Nigeria (CBN) is solely responsible for running the nodes of this digital currency. Beginning stress tests stated this currency could execute 2,000 transactions per section.  In October 2021, the government began offering incentives to citizens who chose to CBN.

A year later, the country was still hesitant to make the switch so the central bank began implementing forceful measures. In October 2022, the CBN decided to cancel and resign the currency in a “move aimed at restoring the control of the Central Bank of Nigeria (CBN) over currency in circulation.” They stated that the original paper notes would only be legal tender until January 31, 2023, leaving the people with no alternative but to convert their cash. Nigerians were no stranger to the concept of currency cancellation as it is something the government has routinely done. The CBN openly announced that the end goal was to target a 100% cashless society replaced with eNaria. Fewer than 0.5% of Nigerians adopted the eNaria and protests erupted across the nation.

By December 2, 2022, the Central Bank of Nigeria issued a letter to all banking institutes implementing a strict ban on physical cash. The central bank set a cash withdrawal limit of ₦100,000 ($225) per week for individuals and ₦500,000 ($1,123) for businesses. Citizens wishing to take out larger sums were subject to a processing fee between 5% and 10%. ATMs were limited to ₦20,000 ($45) per day, and only ₦200 ($0.45) notes or lower denominations were available in the machines.

Bloomberg reported that 90% of the country previously used cash for transactions. They did not want to convert to CBDC but were provided with no alternative. Demonetizing the currency reduced available cash from 3.2 trillion narias to 1 trillion narias. This led to the central bank creating over 10 billion eNarias. The people are continually protesting these measures as their society which was largely dependent on cash interactions has been destabilized.

This is how it all begins. They are using Nigeria and other countries as test subjects before rolling out these programs in the West. It is hard for Americans to fathom currency cancelation, as it has never occurred here. Yet, the Federal Reserve has made it clear that they are looking into this option. Per usual, they market it as a “convenience” for the people. In truth, it is a way to ensure money stays on the grid under the thumb of government. They will not allow one cent to go untaxed, and as the program expands, they can remove individuals and organizations from participating in society entirely.

May 23 2023

One-Third of Canadians Support Killing the Homeless – Modern Eugenics


Armstrong Economics Blog/Ethics Re-Posted May 22, 2023 by Martin Armstrong

Canada’s largest eugenics program is underway after MAID (Medical Assistance in Dying) was expanded to include those without terminal illnesses. Someone may qualify for MAID if they are simply “too poor to live with dignity,” according to the Canadian government. A recent poll found that, while most Canadians are against the idea, one-third support assisted suicide to eliminate the homeless population.

Over a quarter of participants strongly (11%) or moderately (16%) agreed that poverty alone is a good cause for government assisted suicide. Again, the majority of Canadians do not agree with these measures but it is alarming that a significant portion of the voting population approves of blatant murder. Instead of helping those unable to receive medical treatment, 51% of respondents said these people should be killed by the government instead. Half of those polled stated that anyone with a disability should also die. Those with mental illnesses, even if treatable, should be killed according to 43% of respondents.

This is disturbing. About 24% stated that parents should be allowed to kill their terminally ill children without punishment. MAID has been continually expanded to kill off the undesirables, or the “useless eaters” as Hitler called them.

(A eugenics propaganda poster from the 1930s in London)

Hitler implemented sterilization programs for the “useless eater” class as soon as he took office. Yet we forget that many Western countries implemented similar programs around this time as well. In 1907, long before Hitler came to power, America first passed a sterilization law in Indiana to prevent criminality, mental problems, and pauperism. Pauperism, or poverty, was thought to be a genetic trait that could be eliminated through selective breeding. The US had eugenics sterilization programs in effect until Skinner v. Oklahoma was unanimously passed in 1942. Sweden, Denmark, Norway, and Finland passed similar laws around this time too. A simple cleft lip could be enough for someone to undergo forced sterilization or euthanasia. The UK Mental Deficiencies Act of 1913, promoted by Winston Churchill, sent half a million disabled people to psychiatric wards where they underwent forced sterilization. The UK and other nations did not repeal their eugenics programs until the 1940s, erasing their dark history and pointing the finger at Hitler as the sole evil mind behind the eradication of undesirables.

In modern-day Canada, those with treatable mental illnesses will be permitted to kill themselves starting on March 17, 2024, after the original date was postponed. The previous ten-day reflection period has been removed for those with a “reasonably foreseeable” death. Those without terminal illness must wait 90 days but “this period can be shortened if the person is about to lose the capacity to make health care decisions, as long as both assessments have been completed.”

Most victims die within 10 to 30 minutes of taking the end-of-life cocktail, but some survive and suffer horrible complications. Victims can be coerced into ending their life intravenously or orally, although the oral route can often take up to 24 hours. I will not state what is in the euthanasia cocktail.

It is extremely disturbing that most of the population supports killing the undesirables. They’re even considering extending this measure for children. This is blatant eugenics at play. There will be many people who become coerced into suicide because they are told they are a burden on society during a vulnerable moment. They are opening the door to a dangerous game where the government will be able to legally eliminate anyone deemed undesirable from society.

May 22 2023

Bakhmut falls & Greece Elections Defeat the Polls


Armstrong Economics Blog/Socrates Re-Posted May 21, 2023 by Martin Armstrong

 COMMENT #1: Marty, I really do not know how Socrates does it. You were correct. May was a critical target. Bakhmut has fallen not just on the monthly target, but right to the week. It is becoming obvious why the CIA and the bankers went after you. Socrates beats everything even geopolitically.

Just amazing.

Greg

ANSWER #1: The future is written in the data. Socrates sorts it all out and what emerges is something I believe no human being can possibly forecast because the variables are just way too complex to try to calculate manually. I believe the whispers I hear from behind the curtain were that this was inevitable and quietly a number of European leaders are saying Zelensky should resign. But he is the puppet of the American Neocons. I do not know how that will really work out.

COMMENT #2: Thank you so much for your response to my question on the Greek election. You were right, The arrays showed a major change and it was spot on. Please come back to Athens again. Your speech here was enlightening. It was great to meet you in the hotel that morning before. Please do an update on Greece when the dust settles.

Always your supporter

EC

ANSWER #2:  You know I love Athens. Yes, everything showed a major political shift in May and there were Directional Changes set up for the election both on a Weekly and Monthly level. This move to the middleright is part of the cycle. The left has gone too far. They have undermined the basic tenets of civilization which functions ONLY when everyone benefits. This is the danger many over the centuries have warned about Democracy that one side can suppress the other. This is what tears civilization apart. They simply cannot stand.

There is no difference if we are dealing with a monarchy or a dictatorship. When a society turns to exploit the labor of its people, then we become merely economic slaves and regardless of the label professed by the government, it is simply tyranny. It was Thrasymachus who argued against Socrates and warned that ALL governments are the same – they only deliver justice that somehow always supports their own self-interest – not that of the people. This is why we go through these periodic cycles of revolution for every form of government always seeks more and more power until the people rise up and say – that’s enough.

May 22 2023

Trudeau & Zelensky


Armstrong Economics Blog/Politics Re-Posted May 21, 2023 by Martin Armstrong

COMMENT: Reading yesterday’s post ‘Zelensky Before He Sold Out To The Neocons’ it occurred to me how similar his role has been played as that of my country’s leader Justin Trudeau.
When I first heard Justin talk years back before becoming leader he sounded so in touch with the people and their concerns.
But once Justin got into power he completely changed and did the exact opposite of what he stated publicly.

The degree and meticulousness with which all the current events have been apparently planned is simply mind-boggling.

RM

REPLY: The truth is we no more live in free countries than they did in Russia. The Deep State runs the show and as I have said many times, I can run for office and promise whatever you wish to hear. Then I get there and I am told I will vote as they tell me. Just look at the votes – they are always along party lines. That is why they hated Trump so much. He did not want to play by those rules. Now even the FBI was out to make sure he did not win the election.

Zelensky promised he would bring peace and end the civil war against the Donbas. That is what the Ukrainian people voted for. The next result, millions have now had to flee their own country as Zelensky did what the Neocons told him to do – sell out his own country. I know Ukrainians who have fled and are now living in Berlin losing all their property back home thanks to Zelensky.

May 22 2023

World War Reddit Continues – Zelensky Flies to Visit G7 Assembly in Japan


Posted originally on the CTH on May 21, 2023 | Sundance 

Ukrainian President Volodymyr Zelensky flew to Japan to visit with the assembly of G7 leaders. The G7 consists of France, Italy, USA, U.K, Canada, Germany, Japan; however, the EU commission and President also attend the summits.

The G7 is the essential influence group for the Western alliance interests and NATO in their collective effort to maintain the proxy war against Russia known colloquially as World War Reddit. Ukraine is the selected geography for the geopolitical interests of the larger western alliance. At this point in the public-facing performance, it is clear that Volodymyr Zelensky represents the puppet inside the production.

In yet another exhibition of the strangest war ever, Ukraine President Zelensky flies to Japan to meet G7 leaders and help retain public support for the NATO vs Russia proxy war and regional conflict.  The globalist leaders are going to do what they want, regardless of the opinions of the citizens they claim to represent.

There is a potential for World War III.  It is also entirely possible the WWIII fighting will not be between nation states.  A more likely WWIII will be a physical battle between the autocratic rulers of western nation states and the citizens who have had enough of their manipulative nonsense.

(Via AP) – […] Hanging over Sunday’s talks was the Russian claim that forces of the Wagner private army and Russian troops had seized the Ukrainian city of Bakhmut. The eight-month battle for the eastern city — seen by both sides as a major symbolic prize — has been the longest and likely bloodiest of the war.

Comments by Zelenskyy earlier in the day in English suggested that the Russians had finally taken the city. But he and other Ukrainian officials later cast doubt on that assessment, with Zelenskyy telling reporters in Ukrainian that “Bakhmut is not occupied by the Russian Federation as of today.”

U.S. President Joe Biden announced new military aid worth $375 million for Ukraine, saying the U.S. would provide ammunition and armored vehicles. That pledge came after the U.S. agreed to allow training on American-made F-16 fighter jets, laying the groundwork for their eventual transfer to Ukraine.
“We have Ukraine’s back and we’re not going anywhere,” Biden said.

Even before Zelenskyy landed Saturday, the G7 nations had unveiled a slew of new sanctions and other measures meant to punish Moscow over its invasion that began in February last year.

While Ukraine dominated the summit, the leaders of Japan, the U.S., the United Kingdom, France, Germany, Canada and Italy, as well as the European Union, also aimed to address global worries over climate change, poverty, economic instability and nuclear proliferation. (read more)

May 21 2023

Is Zelensky Concerned About a Coup?


Armstrong Economics Blog/Ukraine Re-Posted May 20, 2023 by Martin Armstrong

DNIPRO, UKRAINE - JANUARY 15: Emergency workers search the remains of a residential building that was struck by a Russian missile yesterday on January 15, 2023 in Dnipro, Ukraine. At least 20 people were reported dead after a missile hit the apartment building on Saturday, part of fresh wave of missiles launched by Russia. The Ukrainian president said his forces shot down 20 of 30 missiles fired by Russia on Saturday. (Photo by Spencer Platt/Getty Images)

There are quiet whispers inside various EU governments that Zelensky should resign. Inside Ukraine, it was highly suspicious that in January, conveniently, Ukraine’s leading officials in the Ministry of Internal Affairs of Ukraine (similar to our FBI) charged with protecting the state and the people against illegal actions by those in power all died in a crash together. There were some who had concerns starting to question Zelensky’s ethical position with respect to the people.

This helicopter carrying the leadership team of Ukraine’s Ministry of Internal Affairs crashed in the Kyiv region killing at least 14 people, including all nine people on board, according to officials. A further 25 people were injured on the ground including 11 children. Fourteen bodies were found at the crash site, including one child and all nine people who were on board the helicopter – six ministry officials and three crew members, all died according to the State Emergency Service of Ukraine (SES).

Ukrainian National Police confirmed that Ministry of Internal Affairs Denis Monastyrsky, First Deputy Minister Yevheniy Yenin, and State Secretary Yuriy Lubkovychis were among the dead. Monastyrsky actually had replaced the previous Minister of Internal Affairs, Arsen Avakov following his unexpected resignation.  Avakov was a political heavyweight. Avakov was considered by many to be one of the most powerful people in the country after Zelenskey and his chief of staff, Andriy Yermak. He oversaw about 300,000 law enforcement officials and a significant share of Ukraine’s annual budget expenditures.

There emerged a conflict between Zelensky and Avakov and it was widely assumed that Zelensky was preparing to fire Mr Avakov who was investigating internal corruption. His removal allowed Zelensky to seize more power and control any investigation into his personal dealings. This was no different than Biden telling the IRS to stop investigating his son Hunter.

Based on information and belief, Zelensky is very concerned about the “traitors” he defines as simply against him, not the people or the country. The rumors are that there are many beginning to question Zelensky’s true patriotism and his willingness to have all of Ukraine destroyed for his deal with Blackrock rather than show the slightest concern about the people of Ukraine. Avakov had served as head of the Ministry of Internal Affairs continuously since 2014. During that time, he oversaw the activities of the police and the National Guard. His removal was to cement Zelensky as a virtual dictator.

This has raised questions about the helicopter crash that eliminated Zelensky’s hand-selected Ministry of Internal Affairs who had his back.

When we look at the ECM calculated from the move of Russia to protect the Donbas from the Ukrainians in the civil war instigated by the United States Neocons, it does not appear that Zelensky’s grand scheme to make Ukraine the greatest European investment of all time with Blackrock will succeed. Why the Ukrainian people are willing to sacrifice their country all for the Donbas is insane. They had a country for the first time. The computer is suggesting it is highly doubtful that Ukraine will even survive post-2026. On top of that, we are headed into world war post-2024.