Britain Head of Military Tells Troops Prepare for WWIII


Armstrong Economics Blog/War Re-Posted Jun 20, 2022 by Martin Armstrong

Britain’s Military Chief of the General Staff had just taken that position and he has already told the army they need to prepare for war against Russia in Europe. He has told every soldier to prepare to fight Russia in a potential World War III. He has pledged to forge an Army that can beat Russia in battle and said that we must now prepare “to fight in Europe once again.” He added on  his fourth day on the job: “There is now a burning imperative to forge an Army capable of fighting alongside our allies and defeating Russia in battle.”

This is a video interview of Zelensky’s adviser years in advance. This entire Ukrainian War was deliberately instigated. The West NEEDS war because the entire financial system is collapsing. All the pensions promised have been wiped out in Europe thanks to NEGATIVE interest rates since 2014.

Zelensky is an actor. He is playing his role in this Great Reset which is to destroy Western civilization as we know it so they get to create their One-World Government and the United Nations will then appear to be the GREAT PEACEMAKER. On February 20th, 2022, VP Harris blurted out that Ukraine should join NATO which was a direct violation of the Belgrade Agreement where Ukraine, the 3rd largest nuclear power at the time, gave up its nuclear weapons and NATO promised not to invade as did Russia provided Ukraine was to remain NEUTRAL. Then 3 days later, Zelensky announced that he would pursue nuclear weapons to defend against Russia. The next day, Putin invaded to protect the Donbas on February 24th.

There are a number of world leaders who are starting to wake up and see that this entire Ukrainian War has been a hoax. This was intentionally created for the Great Reset because Europe NEEDS to default on all the debt they can no longer sustain. But that will wipe out all the pensions and millions of people will be storming the parliaments. The only escape for those in government is to create a war to hide the collapse. Now even Pope Francis is starting to see through this facade as he has told a group of European Jesuit news editors that “perhaps somehow either provoked or not prevented,” and he cautioned against oversimplifying the conflict.

Zelensky is a hateful, vindictive, and pathological liar who demonizes Russians every chance he gets.  The US has absolutely NO ability to even verify where all the weapons go that they send to Ukraine. There are reports of foreign soldiers who had volunteered to fight for Ukraine and then left because the weapons were being stolen and sold on the black market and will always, end up on the streets in America.

Zelensky is evil, and corrupt, and ran for office promising peace with Russia and ending corruption. Some reports say he has already diverted up to $850 million to hidden offshore accounts. He will fight till the last Ukrainian dies and then fly off to live the billionaire’s life drinking port with Klaus Schwab, George Soros, and Bill Gates.

The very person who funded Zelensky is the same person who bought Hunter Biden and President Joe Biden demanded that Ukraine fire the prosecutor investigating this corruption. Zelensky pathologically urges World War III during every one of his public appearances. Zelensky is clearly waging an information war promoting pure propaganda.

Zelensky’s Davos Speech was unbelievable. He demanded that the US-led West implement a policy of maximum preemptive sanctions on the false pretext of averting future wars. According to Zelen sky, had the US-led West’s cut off Russia completely from the world economy IN ADVANCE, this would somehow prevented war. He claimed that the sanction was NOT ENOUGH and cane TOO LATE. He wants the US-led West to now completely cut off from the world economy not just Russia, but regional security demands that the US-led West should unilaterally threaten other nations and impose maximum sanctions on all Russian allies BEFORE they can react.

I have videos captured from Ukrainian soldiers showing what they are doing to captive Russian soldiers. I will not post them because they are too horrible. They are actually crucifying Russians driving nails through their limbs and then setting them on fire alive. This is the hatred of Ukrainian neo-Nazis toward Russians and why the CIA protected the Ukrainian neo-Nazis because they always hated Russians. They massacred Jews and Polish but NOT one Ukrainian was ever put on trial at Nuremberg. This is now what we get for the failure to prosecute Nazis. The 72-year revolutionary cycle from the end of the Nuremberg Trial was 2018. Even this hatred has risen all over again and this time the US-led West is supporting the Nazis.

As I warned back in 2013, our computer had targeted Ukraine as the place where World War III would begin. I warned that Ukraine should have been split according to language. This area to the East was NEVER Ukrainian territory EVER in history. Khruschev grew up in the Donbas and he was in charge of rebuilding Kiev. When he became the head of Russia, in 1954 he assigned Crimea to Kiev for administrative purposes. The Duma later declared that illegal and reversed that decree.

Historically, the East was ALWAYS part of the Russian Empire BEFORE the USSR. This refusal to yield “one inch” to Russia which Zelensky has declared, is unsupported by history. That region is occupied by ethnic Russians who the Ukrainians will massacre. In Kyiv, they were saying in 2014 that Crimea is Ukrainian or it will be depopulated.

The hatred of Russians who have lived there for centuries is deeply rooted. The Ukrainians began their civil war against the Donbas and Russian-speaking Ukrainians immediately after overthrowing Yanukovich in 2014. They were beating Russian-speaking Ukrainian in Odesa and they fed to the Trade Union House. The Ukrainians then set the place on fire and killed them all burning them alive which the West turned a blind eye to because after all, they were evil Russians who obviously have no right to live on this earth.

Zelensky does his war propaganda always dressed in a military t-shirt. He has done nothing but promote world war III every chance he gets. His hatred of Russians knows no bounds and he will engulf the entire world in war all for what – territory? This man is so evil, that history will remember him along with those of the same mentality of sheer hatred and manipulations – Marx, Stalin, Hitler, and the list goes on.

As for those who see only one dimension, there was widespread support for animal welfare in Nazi Germany (German: Tierschutz im nationalsozialistischen Deutschland). Believe it or not, Adolf Hitler and his top officials took a variety of measures to ensure animals were protected. That obviously stood in contrast with killing the Jews, and gypsies and the Ukrainian Nazis added Polish and Russians to the list that needed to be ethnically cleansed. But somehow, Hitler protected the animals.

Marine Le Pen French Nationalists Win 89 Seats in Parliamentary Election


Posted originally on the conservative tree house on June 19, 2022 | Sundance

The French parliamentary elections were held Sunday and delivered a surprising result for Marine Le Pen’s Rassemblement National party.   The RN won 89 seats, far beyond what would be needed (15 seats) to have a consequential impact in the assembly.

FRANCE – […] The results would severely tarnish Mr. Macron’s April presidential election victory where he defeated the far-right to be the first French president to win a second term in over two decades. 

The expected number of seats for Marine Le Pen’s Rassemblement National (90) amounts to a historic breakthrough. Only once under the Fifth Republic had the far right passed the threshold to form a group in the Assemblée (15 MPs), which allows for certain parliamentary resources and prerogatives.

The only time this happened was in 1986, when Ms. Le Pen’s father Jean-Marine Le Pen led a group of Front National MPs for two years. They were elected in the only ever legislative elections using proportional representation.

[…] Falling short of the majority forces Mr. Macron into tricky partnerships with other parties on the right to force through legislation.  There could now potentially be weeks of political deadlock as the president seeks to reach out to new parties. The most likely option would be an alliance with Les Republicans LR.

[T]he number two of far-right leader Marine Le Pen, Jordan Bardella, hailed her party’s performance as a “tsumani.” (read more)

“The Macron adventure has reached its end,” Le Pen said. The group of National Rally MPs “will be by far the biggest in the history of our political family.”  As a result, RN will be able to easily form a parliamentary group, which allows for more influence and speaking time.

UK Agrees to Extradite Julian Assange to U.S. After Assurances He Will Be Imprisoned in Australia


Posted originally on the conservative tee house on June 17, 2022 | Sundance

Apparently, the U.K. courts were sympathetic to the claims by Julian Assange lawyers that U.S. government assassins would kill him.  However, after the DOJ assured the Brits that Assange would be imprisoned in Australia, not the U.S. after trial, the U.K. are ok with extraditing him.   However, Assange still has six appeals and three courts left who will hear his appeals, so don’t expect anything to actually happen soon.

LONDON, June 17 (Reuters) – The wife of Julian Assange vowed to fight using every possible legal avenue after British Home Secretary Priti Patel on Friday approved the WikiLeaks’ founder’s extradition to the United States to face criminal charges.

Assange is wanted by U.S. authorities on 18 counts, including a spying charge, relating to WikiLeaks’ release of vast troves of confidential U.S. military records and diplomatic cables which Washington said had put lives in danger.

His wife Stella said Assange would appeal after the Home Office said his extradition had been approved as British courts had concluded it would not be unjust or an abuse of process.

[…]  Originally, a British judge ruled Assange, 50, should not be deported, saying his mental health meant he would be at risk of suicide if convicted and held in a maximum security prison.

But this was overturned on an appeal after the United States gave a package of assurances, including a pledge he could be transferred to Australia to serve any sentence. (read more)

SpaceX Fires Woke Worker Activists Who Attacked SpaceX Boss, Elon Musk


Posted originally on the conservative tree house onJune 17, 2022 | Sundance

A bunch of SpaceX workers previously penned the open letter criticizing CEO Elon Musk and the company while identify themselves as “employees across the spectra of gender, ethnicity, seniority, and technical roles.

SpaceX fired them, lol.

New York Post – […] SpaceX president and Musk ally Gwynne Shotwell said in a memo that the firm had “terminated a number of employees involved” in crafting the letter – noting the workers in question had “upset many” with an “unsolicited request” to add their signatures.

“The letter, solicitations and general process made employees feel uncomfortable, intimidated and bullied, and/or angry because the letter pressured them to sign onto something that did not reflect their views,” Shotwell said in the memo, which was obtained by The Verge.

Shotwell referred to the open letter campaign within the company as “unacceptable” and said the workers were fired after an investigation into their actions. The number of employees terminated wasn’t immediately clear.  “We have too much critical work to accomplish and no need for this kind of overreaching activism,” Shotwell added. (read more)

We need more of this.

White House Solution to Gas Prices, Send Taxpayer Funded Gas Cards to Taxpayers Who Cannot Afford Gas


Posted originally on the conservative tree house June 17, 2022 | Sundance

Y’all saw this coming months ago.  The Biden administration is now considering sending taxpayer funded “gas cards” to taxpayers who cannot afford the gasoline prices created by the Biden administration energy policy.  Yes, murica’ it’s a circle of stupid.

WASHINGTON – […] Biden officials are taking a second look at whether the federal government could send rebate cards out to millions of American drivers to help them pay at gas stations — an idea they examined months ago before ruling it out. Aides had found that shortages in the U.S. chip industry would make it hard to produce enough rebate cards, two people familiar with the matter said. White House officials also fear there would be no way to prevent consumers from using them for purchases other than gasoline, according to another person familiar with the discussions.

[…] Biden aides have also looked in recent days at invoking the Defense Production Act to move diesel and other refined products should localized shortages materialize, two people familiar with the matter said.

[…] The revived brainstorming reflects how higher fuel costs have emerged as one of the Biden administration’s chief political threats and a serious hurdle for the economy overall. (read more)

The Federal Reserve Cannot Combat Inflation Alone


Armstrong Economics Blog/Inflation Re-Posted Jun 17, 2022 by Martin Armstrong

Fed Chair Jerome Powell was notably frustrated when pressured about the Fed’s role in inflation. During his Q&A session this Wednesday, Powell plainly stated that the Federal Reserve alone could not combat inflation. It is far more complex than simply raising rates and hoping for the best. The Federal Reserve cannot increase the supply to meet demand. They have no say over clogged ports and closed factories. The Federal Reserve cannot reverse Biden’s policies that have made America energy-dependent, nor can it reserve sanctions against countries that hold essential supplies. As an independent entity, the Federal Reserve has no control over tariffs or diplomatic relations with regard to trade. Notably, the Federal Reserve cannot combat excessive government spending.

The US just sent another billion to Ukraine and plans to continue funding another endless war that does not support any domestic policy objectives. Jerome Powell has no control over the promises politicians make on the campaign trail to distribute free money to the public in exchange for votes. At any moment, lawmakers can implement policies that completely throw the entire economy off track. They had no say in the lockdowns or restrictions that crippled the economy in 2020.

The Federal Reserve miscalculated the situation by artificially lowering rates for a long time. They failed to look at other clear examples, such as Japan, and realize what has and has not worked historically. Powell admitted long ago that he misjudged the severity of inflation and was wrong to call it “transitory.” Unfortunately, when people in power make mistakes, the repercussions cause global shockwaves. Although separate entities, the White House needs to help the Federal Reserve tame inflation by re-evaluating its policies that are directly causing prices to rise.

Putin: They Even Named Inflation After Me


Armstrong Economics Blog/World Trade Re-Posted Jun 17, 2022 by Martin Armstrong

Vladimir Putin is not suffering from sanctions. The West has shot itself in the foot by banning essential Russian imports without an alternative in place. “They even named inflation after me,” he joked, hinting at the “Putin price hike” western politicians have been declaring.

The difference now, according to Putin, is that the West attempted to shun Russia. “In the Soviet times when we cut ourselves off, created the so-called Iron Curtain, we created it with our own hands,” he admitted. Putin admitted the Iron Curtain was a mistake that he has learned from. Anyone claiming Putin is pro-Communist or eager to bring back Cold War-era policies is sadly mistaken.

As I have mentioned, Russia has created a new G8. They have alliances with Brazil, Indonesia, China, Mexico, Iran, and Turkey. They claim that this new G8 will not partake in sanction wars and noted that they are already 24.4% ahead of the former G8 in terms of GDP per capita. They are welcoming new alliances as well. Countries previously begged to join Western coalitions, but they are now failing due to a flawed design from the outset. All of this is part of what our computer has been indicating – the financial capital of the world is beginning to drift from West to East.

Russia Gas to Europe to Stop


Armstrong Economics Blog/Energy Re-Posted Jun 16, 2022 by Martin Armstrong

The Russian EU Ambassador has informed the EU that gas will stop through Nordstream because a turbine that was needed was stuck in Canada because of the sanctions. Then the biggest gas field in Siberia is now on fire. That can also provide an excuse to reduce gas delivery to Europe. This will also add to the reduction in gas supply to Europe This is making things very interesting. If Gas bottoms next week, we could be looking at much higher volatility thereafter. For now, a June closing above 625 will keep the market in a broader-term support position but a real breakout would require a close for June above 795.

Pope Francis Believes Russia Was Provoked


Armstrong Economics Blog/War Re-Posted Jun 16, 2022 by Martin Armstrong

Pope Francis has been advocating for peace between Ukraine and Russia. He has condemned Russia’s “brutality” and said he believes Putin miscalculated the duration of the war. “They encountered a brave people, a people who are struggling to survive and who have a history of struggle,” he said. Yet the Pope is now coming under pressure for suggesting that the war could have been avoided. No one has more “behind the curtain” information than the Vatican.

Before Russia invaded Ukraine on February 24, there were signs that NATO and Ukraine were “barking at the gates of Russia.” Even the Pope has admitted the West was eager for war profits and that the conflict was “either provoked or not prevented.”

The head of the Catholic Church stated: “But the danger is that we only see this, which is monstrous, and we do not see the whole drama unfolding behind this war, which was perhaps somehow either provoked or not prevented. And note the interest in testing and selling weapons. It is very sad, but at the end of the day that is what is at stake,” he added. This is not a matter of “good and bad” as the “roots and interests [are] very complex.”

Furthermore, Pope Francis met with an unnamed Russian head of state shortly before the war began. He noted, as I have reported, that Russia was fearful of an imminent attack. “Yet here the situation is even more complex due to the direct intervention of a ‘superpower’ aimed at imposing its own will in violation of the principle of the self-determination of peoples,” he explained. This war is far more complex than Russia v Ukraine. It has become a proxy war instigated by NATO.

The European Debt Crisis 2023-2024


Armstrong Economics Blog/Central Banks Re-Posted Jun 16, 2022 by Martin Armstrong

The European Central Bank has announced that it plans to create a new tool to tackle the risk of eurozone fragmentation, which is the new term for divergence among member states. They are adopting this tactic out of fears of a new European debt crisis that is inevitable. From the very beginning when the EU Commission was charged with designing the Euro can to our conference in London in 1997, I warned that the promises that everyone would be paying the same rate of interest merely because they were creating a single currency was a complete fantasy. I further warned that this would lead to the collapse of the Euro if not the entire EU.

I explained that they were comparing the Euro to the Federal Debt of the US when the failure to consolidate the debts of the EU meant that the real outcome would be like the USA at the state level. A single currency did not mean that every state paid the same interest rates in the USA and that would be the ultimate reaction of the free markets. We are now in the 24th years of the Euro and its survival because deb stable post-2024.

The ECB’s decision has come as a surprise following an emergency meeting to address higher borrowing costs for many European governments on an uneven playing field. The ECB made a statement:

“Since the gradual process of policy normalization was initiated in December 2021, the Governing Council has pledged to act against resurgent fragmentation risks.”

“The pandemic has left lasting vulnerabilities in the euro area economy which are indeed contributing to the uneven transmission of the normalization of our monetary policy across jurisdictions,” 

The comments are trying to explain the recent surge in bond yields over the past week or so as capital is starting to smell a rat. ECB has implied a more aggressive policy tightening is coming but it still failed to deliver any new measures that would support the growing unrestrained debt load. With Green governments seizing power, and the absurd sanctions on Russia, it is hard to see where there is any understanding of fiscal management on the horizon.

European capital is now very concerned about financial “fragmentation” meaning the disparity among member states in interest rates. There is clearly a rise in rates in Southern Europe compared to northern. The ECB is now saying that it will “reinvest redemptions” from its emergency bond-purchasing program. So in other words, it will NOT reduce its balance sheet concerning bonds that are under pressure for that will force greater disparity ahead – i.e. fragmentation.

The ECB claimed that its commitment to the euro is its anti-fragmentation policy. They have said that this commitment “has no limits.” Previously, Southern EU states faced materially higher borrowing costs in the wake of the sovereign debt crisis back in 2011. This is a complete disaster for the failure to have consolidated the debt meant that their idea of one monetary policy for 19 different fiscal positions cannot possibly work. I tried to explain to them from the beginning that the 12 original branches of the Fed were independent and they would raise or lower rates depending upon the regional impact. It was Roosevelt who usurped that authority and created one rate for all in 1935 creating the new head branch in Washington.

The yield on the Italian bonds traded over 4% and has broken through the Downtrend Line. While people hope that the ECB’s announcement in this unscheduled emergency meeting means they will be in control, this is more like the 5-time-divorced soul getting married again for the sixth time confirming that hope can triumph over experience. The broader long-term is that borrowing costs will have nowhere to go but higher.

The ECB’s decision to reinvestment what it previously bought merely confirms that there is a serious sovereign debt crisis unfolding.