The Flight to Mexico


Armstrong Economics Blog/Mexico Re-Posted Sep 24, 2022 by Martin Armstrong

QUESTION: Good afternoon Mr. Armstrong.
I have been a basic member for 6 years.
Since then I have been following your USD prediction and it is on spot despite everyone saying the contrary.
However, after seeing the EURO, Pound, Yen, and other currencies waterfall, why has the Mexican peso kept its value? I can’t find the logic.
Could you please explain?
Thanks for ALL you do.
BP

ANSWER: This is the Array from 2020. That was the ideal of the high for the dollar and that coincided with the end of the Trump Administration. The Biden Administration has been at war with fossil fuels from the beginning, despite trying to blame Putin.

This has benefited Mexico from a value perspective, but while claiming to be on board with this Great Reset, they are not as gun-ho as Canada and the USA. Even polls at the start of 2022 in the USA were telling. Rasmussen Reports national telephone and online survey concluded that 45% of American voters believed the highest priority for businesses was to provide individual consumers with high-quality products and services at the lowest prices. Only 9% of voters classified climate change as the top priority for business, and only 1% said that business resources should pursue social justice as a top priority. (To see survey question wording, click here.)

Our capital flow model has been pointing to tremendous inflows to Mexico since they have had the best anti-COVID mandates so there are a lot of Europeans leaving for South and Latin America and Mexico has been a primary target.

This trend appears to be continuing into 2024. As war rises in Europe and the leaders seem intent upon sacrificing their people on the altar of climate change, COVID, and Ukraine, the flight of people and capital will continue. For those who refused to get vaccines, Mexico has been the safe haven for the world.

  • There are no COVID-19 test requirements in Mexico.
  • COVID vaccination passports or certificates are not mandatory to enter Mexico.
  • There are no quarantine requirements in Mexico

EU Commissioner Threatens Retaliation Against Italy if Italian Voters Elect the Wrong Political Leaders


Posted originally on the conservative tree house on September 24, 2022 | Sundance 

The bizarre part, from the perspective of normal democracy, is the open admission by EU Commissar Ursula von der Leyen that she intends to punish the Italian people if they elect the wrong political leadership to run their country.  Yes, she literally threatened to punish Italy if the voters elect an Italy-first candidate tomorrow.

Having previously sanctioned Hungary and Poland for electing heads of state that are nationalist minded, Ursula von der Leyen warned the Italian people she will take the same action if Italians defy the will of the European Union collective. When asked about EU citizens demanding their elected leaders listen to their specific and unique economic needs, the EU President Stated {Direct Rumble Link}:

“We will see the result of the vote in Italy. If things go in a difficult direction — and I’ve spoken about Hungary and Poland — we have the tools.”

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The remarks come from Commissar von der Leyen because a rising nationalist star in Italy named Giorgia Meloni is anticipated to win victory.  Meloni is an unapologetic nationalist who believes in Italy-first.  As a result, the EU media consider Meloni an ultra-far-right-wing politician.   However, the scale of public support for Meloni has positioned her to become Italy’s first female prime minister in the election tomorrow.

As noted by Treeper Betsy Jones:

“Italy’s elections are on Sunday. The charismatic Georgia Meloni, a nationalist, is set to be Italy’s first female PM.

But unlike most women in the higher eschelons of power in Europe and elsewhere, she is an Italian for Italians, who have been sold out by her predecessors. She is anti Schwab, anti everything that is happening now which will bring devastation upon every man, woman, and child in Europe. She has made this very plain, which is why the Euro “elites” both hate and fear her.

Today Ursula von der Leyen out and out threatened all of Italy and its voters. She said…

“We will see the result of the vote in Italy. If things go in a difficult direction–I’ve spoken about Hungary and Poland– we have the tools.”

And this is the tyrannical EU. Power mad and vicious. Totally unconcerned about the people under its brutal thumb.

One by one it seems individual countries which have been coerced into joining a godless, foul political union, sold to them as a purely economic one, have regained control of their pride and their senses. All their cultures and histories were essentially eradicated in obeisance to their new masters in Strasbourg and the Hague. I believe these peoples want them returned.

I pray for the Italians, the Poles, and the Hungarians…and any other country in continental Europe which makes it clear that they will not be subsumed into misery, economic catastrophe, or death…simply because von der Leyen, Schwab, Sholz and like monsters tell them they must obey.

What at first seemed like a small hole in the WEF dam with the Dutch farmers now seems to be widening, and relatively quickly, too.

Godspeed to those who have said “Enough! No more!” May it herald better times for them. And us.” (link)

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Mulvaney, Goolsbee and Santelli Finally Discuss Supply Side Energy Driven Inflation and the Disconnect of The Political Federal Reserve


Posted Originally on the conservative tree house on September 23, 2022 | Sundance

Mulvaney, Goolsbee and Santelli Finally Discuss Supply Side Energy Driven Inflation and the Disconnect of The Political Federal Reserve

September 23, 2022 | Sundance | 51 Comments

Finally, a finance and economic discussion that touches on the critical component to inflation that no one dare say, or else they suffer political backlash.  Although Mick Mulvaney, Austin Goolsbee and to a lesser extent, Rick Santelli, had to maintain the acceptable ‘pretending’ approach, parsing words carefully, at least this is one of the first times where the supply side (energy driven) issue of global inflation was discussed.

As the group collectively admitted there is no other option other than a “hard landing” that collapses the economy from the current Fed approach; additionally, Rick Santelli, blasts the relationship between the political central banks and the global leaders who have pressured this dynamic.  WATCH:

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Still pretending, but lessened a little.  Hey, progress.

Interview: The Plot to Seize Russia & Make It a NATO Vassal


Armstrong Economics Blog/Armstrong in the Media Re-Posted Sep 23, 2022 by Martin Armstrong

See above or click here to watch my latest interview with Geopolitics & Empire.

A message from Hrvoje Moric:

“Martin Armstrong discusses his new book based on declassified documents where in the 1990s the West, NATO, and Russian oligarchy plotted to seize Moscow, loot Russia, and takeover its natural resources. Yeltsin turned to Putin who was not a communist and is not an oligarch. The Moscow apartment bombings or propaganda surrounding them being a false flag would likely have come from Boris Berezovsky. The Great Reset is basically a debt default and the EU is a disaster that will fall apart. At this point most of the attack on Russia is related to “climate change” and to shut down fossil fuels.”

Teen Killed Over Conservative Views – Killer Released on Bail


Armstrong Economics Blog/Politics Re-Posted Sep 23, 2022 by Martin Armstrong

In Biden’s America, you can walk free after killing people who oppose your liberal political views. A 41-year-old man by the name of Shannon Joseph Brandt of North Dakota murdered an innocent 18-year-old boy over “a political argument.” The murderer recently posted $50,000 bail and was released. As a reminder, those who simply protested on January 6 remain in jail. There is a chance that Brandt will walk free after the trial, depending on the judge and jury.

The circumstances around this case are atrocious. Brandt was driving a 2003 Ford Explorer SUV while intoxicated. He exchanged words with the teenage boy before running him over with his truck and fleeing the scene. He did not even check on the boy and left him to die in an alleyway. He later called the police to explain that he had to kill the boy. Brandt claimed the teenager was part of a Republican extremist group and felt threatened because he placed a call for reinforcements. In reality, the teenage boy called his mom because he was afraid of the drunken man chasing him in his truck. That was the last phone call he ever made.

Biden himself has made countless speeches about how MAGA Republican conservatives are the ultimate threat to America and democracy in general. Trump was blamed for every politically motivated protest or arrest under his presidency. I have yet to read one article blaming Biden for instigating violence against his political opponents. Civil unrest is on the rise. The leader of the “free world” is encouraging violence, and the legal system is turning a blind eye to the sharp rise in crime across the country. Politically motivated crimes will become more commonplace as we enter the mid-term elections as Biden has clearly defined and demonized the enemy — you.

Russian Anti-War Protests & the 3rd Generation


Armstrong Economics Blog/Russia Re-Posted Sep 22, 2022 by Martin Armstrong

After many discussions from both sides of the Ukrainian conflict, I believe that my observation of a generational shift is important. The cycle is always driven by a cyclical nature that, in part, is driven by changes in attitudes between generations. The anti-war protests in Russia rose from the youth over the Ukrainian war. What is unfolding in Russia is because the youth protesting has never known war. They are too young even to have known about the Afghanistan invasion of 1989, which was 33 years ago. This stands in contrast to Americans who have known nothing but endless wars one after the other. I have family who has fought in Afghanistan and Iraq. Most of us have at least known someone who has fought there. War has become more of a normal occurrence to Americans, although many have disagreed with this policy of endless wars including Donald Trump.

The problem Russia has is that war is always created by the political class. It is this older generation that sees war always as an option and they are now in charge of most Western countries. Add to this, the Ukrainian war is REALLY being driven to defeat Russia for climate change. The World Economic Forum is pushing war behind the scenes with the excuse that Russia must be defeated to end their production of fossil fuels and give birth to Schwab’s New Age of dictatorship (Great Reset) to save the planet. This requires our surrender of freedom and reliance on fossil fuels and if had his way, we would all have chips implanted in our heads to prevent rebellions.

The words of wisdom behind cycles may be, in part, the Chinese proverb, 富不过三代? Roughly translated, it means “You can only keep wealth in the family for three generations.” What tends to emerge is the third generation seems to typically experience apathy. The second generation will often clash with the first not seeking to follow in the same footsteps and as such by the third generation, whatever company they formed will typically collapse unless it is sold off and becomes a public company. This is the fate of most businesses, but it is also the fate of political ideas.

Those above holding the reins of power over us mortal peons, always know better. Both Bill Clinton and Obama were tough on illegal immigrants. Obama deported more illegal aliens than even Trump. Something changed and Biden just reads the cue cards so the shift in direction to be a climate zealot was not his personal initiative, but he does as he is told. When he blurts out things that are outrageous, the White House immediately clarifies and tries desperately to whitewash what he says.

This was with Russia is on and it is more about climate change than anything else. The hope is to defeat Russia, subjugate its people, and bring it into the new world order of controlled poverty for about 50% of the Russian people will be on welfare if the mining for natural resources comes to an end. Putin understands the game and his words are not being heard by the youth who have not known war. To them, they do not understand the agenda.

This war was PROVOKED to ensure that Putin would take the bait and invade Ukraine. The day before his invasion on February 24th, 2022, Zelensky stood up and said he was breaking all previous agreements of neutrality and that Ukraine would arm itself with nuclear weapons against Russia. The US invades Iraq on the claim that they had “weapons of mass destruction” and they deliberately pushed Putin to invade so they could claim he was the aggressor.

In 2014 and the overthrow of Yanukovich, the West installed their “interim” government which was UNELECTED, and instantly sent the army to attack the Donbas. McCain promised the Ukrainian Neo-Nazis funding to wage war against Russia as soon as Trump was elected in December 1996. When Trump refused to fund McCain’s endless wars against Russia, then Trump became his hated enemy and his legendary attitude of holding a grudge was carried out right to his grave insisting Trump was not to speak or attend his funeral. He was the worse person I ever met on Capitol Hill.

McCain was pushing Obama to invade Syria to push through a gas pipeline to Europe to undermine Russia. It was McCain who wanted nukes in Checkosovakia and pointed at Russia against the people’s will. He spent his entire life in a grudge match against Russia and that began long before Putin ever came to power. He was the header of the pack of Neocons.

There are Neocons, and Hillary was one of them. They cannot sleep at night without dreaming about how to destroy Russia and China. This is the hateful generation of leaders who will take the world to war. Peace will only come when they finally expire from this world and then the third generation will start all over again.

Atwater Styled Shenanigans Surface in DeSantis National Political Campaign


Posted originally on the conservative tree house on September 22, 2022 | Sundance

For those who have followed the deep weeds of republican political games and schemes, the DeSantis flights from Texas to Martha’s Vineyard had a specific familiarity to them.

The transfer of Venezuelan migrants, illegal alien border crossers, from Texas to Massachusetts via Florida taxpayers and Ron DeSantis was/is, well, something republican strategist Lee Atwater would have come up with.  The protege’ to Atwater is a person more familiar to modern republican followers, Karl Rove.  Yes, the migrant transfer operation held all the political benefits of something very Rovian in its construct.

Take an issue like border security, central to the majority of republicans, add an element of targeted benefit and overlay an establishment playbook carried out by shadow constructs giving plausible deniability to the central planners in the backroom, and you get this type of operation.  However, there’s always a risk of taking things just too far and losing control.  An investigative article in the Miami Herald today has the elements of a looming backlash that needs to be avoided by the principle.

The Miami Herald is a notoriously left-wing super narrative machine, but when it comes to using their investigative resources to target a vulnerability in their opposition, they are akin to the New York Times in the sharpness of their attack.   If the story as outlined in the Miami Herald is even remotely accurate, the thirsty people behind DeSantis may have just set themselves up for a problem and created an ‘own goal‘ scenario.

Investigators are now picking up the first scent of blood in the water created by short-sighted DeSantis operators.  According to the lengthy outline, a contractor with intent to carry out the DeSantis operation has been identified by the media; she is known as “Perla.”  The outline of the operation now changes the national narrative, at least that’s the goal of the Herald, from Rovian political strategy into DeSantis using vulnerable migrants as political pawns.

Miami Herald – […] Ultimately, the migrants interviewed by the Herald were the butt of the joke. They thought they were going somewhere. Five days before she knocked on the door of their motel rooms, the woman, who never told them her name, had recruited the migrants to join a secret operation to transport asylum-seekers out of Texas. She had approached them outside San Antonio’s migrant resource center and said she worked for an organization that she did not name.

[…] The week before, contractors working for DeSantis, including a woman known only as “Perla,” had organized two charter flights to Martha’s Vineyard, the Massachusetts island, as part of a taxpayer-funded program to remove “unauthorized aliens” from Florida.

[…] DeSantis has said he’s recruiting migrants in Texas for the flights because it’s easier to find them traveling together at the border than spread out in his own state. Critics called it a cruel stunt — and a misuse of taxpayer money — aimed at promoting a governor expected to run for president.

[…] DeSantis’ office did not immediately respond Wednesday when asked if the state of Florida was behind the latest recruiting efforts, or whether it had arranged the planned charter flight from San Antonio to Delaware that never happened. When shown photos of various recruiters, migrants from the Martha’s Vineyard flights and the group that thought they were destined for Delaware both recognized one image, of an unidentified woman with black hair.

[…] Christina Pushaw, the DeSantis campaign’s rapid response director, would write on Twitter that news of the Delaware flight was “disinformation.” (Like the governor’s office, the DeSantis campaign did not respond to a request for comment.) After the flight was canceled, the recruiters organized a bus to take Escalona and most of the others back from La Quinta to the San Antonio migrant resource center. But some migrants were never told about the bus. They were stranded at the remote hotel roughly 10 miles from the resource center, where migrants can get aid and shelter for a maximum of three days.

[…] All of the migrants interviewed by the Herald told similar stories. They were recruited by a woman in a black vehicle driving around the migrant resource center and then taken to La Quinta to wait. Although the destination was uncertain, the plan appealed to people who had no resources after making the long journey north from Venezuela.

[…] There were conditions to staying at La Quinta as part of the program. The recruiters warned him not to give out any information or talk about what they were doing. It still would have been worth it, he said, had he gotten to a state that provided more resources to migrants. He just wanted to work, and the woman’s offer seemed to promise that opportunity. (In reality, asylum seekers are not allowed to work immediately, although they have legal status in the United States.) Deiker José’s plan vanished the moment the flight was canceled. “I want to cry because I feel hopeless. I have nothing. How do I work? How do I survive?” he said. (read more)

There is a fine line between making a political point and being viewed as exploiting the desperation of vulnerable migrants.

I have no doubt the Rovian people behind the DeSantis campaign saw an opportunity to score major national points, and when combined with the ferocity of the Pushaw eastern European mindset there was likely an echo-chambered snark-filled joy of willingness in the plan.

However, if you do not see how this has the likelihood to be viewed as tenuously ridiculing by the larger Latino community in Florida, you likely don’t recognize when a joke turns into the bloom falling from the ruse.

Overlay Florida taxpayer money being used to fund the DeSantis national political game and, well, you already see the grins in the Lawfare crowd.

Checkbook Economics, Household Expenses Rise $961 Per Month, $11,532/yr, While Incomes Remain Flat


Posted originally on the conservative tree house on September 22, 2022 | Sundance

With most financial media being intentionally obtuse with the Biden economic impact upon Main Street, it is refreshing to see analysis that cuts to the heart of the matter.  HatTip to ZeroHedge who provides a link to a great article outlining reality for blue and white-collar working families.

The folks at NerdWallet have taken the inflation date from the Bureau of Labor and Statistics (BLS) and applied the math to real life.  The result is a good encapsulation of checkbook economics and how the Biden economy is painful for the working class.

In total, Joe Biden’s energy policy driven inflation has added $961/month to preexisting expenses.  That’s $11,532 a year just to retain the status quo standard of living.

(NerdWallet) – […] In all of 2020, American households spent $61,300, on average. This number includes everything we spend our money on: housing, food, entertainment, clothing, transportation and everything else. In 2022, it stands to reach $72,900, a difference of more than $11,500 if consumers want to maintain the same standard of living. Keep in mind, this is an average, a number that represents an approximation across all Americans, but one that’s exact to a very few. Those who earn (and therefore spend) more will see more dramatic dollar increases. Those who earn less may see less dramatic dollar jumps, but the impact of these rising prices could be more significantly felt. (read more)

If the average household spent $61,300 and inflation is adding $11,500 to the expense, that means we now have to spend 18.7% more just to maintain the current standard of living.  That average is in line with what we are seeing in the real world.

KASH PATEL: THE REAL REASON DEM RUN COUNTIES ARE NO LONGER SAFE


The Charlie Kirk Show Published originally on Rumble on September 21, 2022

A very good discussion with a good idea!

Putin is at War with the West – Not Ukraine


Armstrong Economics Blog/War Re-Posted Sep 22, 2022 by Martin Armstrong

Vladimir Putin’s recent speech is making headlines as people falsely claim Russia is about to launch an all-out nuclear attack. Putin is sticking to his same plan and says it in his opening statement: “The subject of this address is the situation in Donbas and the course of the special military operation to liberate it from the neo-Nazi regime, which seized power in Ukraine in 2014 as the result of an armed state coup.” Russia must now play defense as they are no longer simply battling Ukraine.

Putin stated that in 1991 the West prided itself on dividing the USSR, and believes “now is the time to do the same to Russia, which must be divided into numerous regions that would be at deadly feud with each other. They decided these plans years ago.”

Putin knows that he is fighting a NATO offensive and not simply Ukraine and directly calls out Washington, London, and Brussels. He correctly stated that the West first set out to demonize Russia and spread “Russophobia,” as they did during the Cold War. NATO and the West are now the opponents of Russia in this proxy war, while the Ukrainian people are merely cannon fodder used to usher in this new world.

Putin has been trying to reclaim land since 2014. He had no plan to seize Ukraine, but did want to reclaim the Donbas. This is much bigger than Russia v Ukraine as he fears he must act on the offensive against most of the world’s superpowers who want to seize Russia. They are shoving endless funds into Ukraine because they expect a prize in the end. Putin stated that he attempted peace talks, but the West shot them down because they craved war.

“After the start of the special military operation, in particular after the Istanbul talks, Kiev representatives voiced quite a positive response to our proposals. These proposals concerned above all ensuring Russia’s security and interests. But a peaceful settlement obviously did not suit the West, which is why, after certain compromises were coordinated, Kiev was actually ordered to wreck all these agreements.

More weapons were pumped into Ukraine. The Kiev regime brought into play new groups of foreign mercenaries and nationalists, military units trained according to NATO standards and receiving orders from Western advisers.”

This will not end well; the West made it clear that peace would not be an option. Zelensky is simply the face of a much larger plan at play that involves an ongoing plot to seize Russia, which has been happening behind the scenes for decades.