Tag Archives: Government run Ponzi Schemes

Oct 29 2018

Europe & Risk of Revolution


Armstrong Economics Blog/Civil Unrest

Re-Posted Oct 29, 2018 by Martin Armstrong

QUESTION: Thank you, Mr Armstrong, for your lifetime work. mindblowing as always.
I picture Europe now as Greece during the Roman Republic (before its conquest). isolated, corrupted to the core. And the US as the new Roman Republic. Will it become an empire after 2032?
Marius was the man of the people and in the end, he was defeated by Sylla (Senate if I m correct). But Marius’ idea was carried on by Cesar. Was he a socialist before the hour?
as a European, which side is the safest to pick when we will be dragged in the conflict???
thanks again!

best regards from France

ANSWER: Ironically, people may think history is just the past. The next time you watch Star Wars, look closer. It is about this very struggle of the people versus the Empire. Instead of swords, they fight with laser swords. If you look at the royal guard, they had cloaks and helmets much as the Romans were dressed. This is actually a saga that is repeated time and again throughout history. Pericles in Athens was charged and put on trial as they are trying to do with Trump. Today, we call it the Deep States. In Roman times, Caesar fought against the corrupt Senate who was the political party known as the Optimates.

You are correct, Marius lost. His coins refected the anti-establishment. You can see the female head of Italia, for which he was fighting. Caesar’s reputation has been distorted by the corrupt Optimates such as Cato and Cicero. Caesar was a man of the people, not a socialist, just an anti-establishment from the perspective of corruption. He too had to flee Rome under the dictatorship of Sulla who would have killed him much as Stalin killed anyone who might oppose him.

The aspect of Europe is the total failure to really integrate the 28 member states. It is effectively a dictatorship without accepting the responsibilities. The EU dictates what the budgets should be of each member under the pretense of maintaining the Euro. The USA does not have that structure. The Feds, nor the Federal Reserve, care about the budgets of each 50 state. This is what I mean that the failure to consolidate the debts from the outset has created a dictatorship. The good news is that the EU has no central power as of yet to militarily invade a member who refuses to comply. In the case of Europe, it is extremely vulnerable to a complete collapse because the member states still retained even their own central banks. The EU could call upon some states to provide it with troops to invade another. But that is tenuous at best as the lack of confidence in the central EU government is gradually collapsing.

Oct 29 2018

Hesse German Election – Merkel’s CDU Loses Significantly


Armstrong Economics Blog/Germany

Re-Posted Oct 29, 2018 by Martin Armstrong

 

Both the SPD and the CDU have suffered serious major losses in the state elections in Hesse. The CDU and SPD have accepted the expected clear defeat where they lost some 10% of the votes compared to the last election and it is really all about the Refugee issue. The Greens have won sharply as many people also were afraid of the AfD. But they had to vote for someone and they turned to the Greens. The AfD, meanwhile, gained 12.6% of the votes in Hesse, which is a state that is home to six million people and the German capital of finance, Frankfurt am Main. The polls look to be as follows:

  • CDU: 27.8%  down from  38.3% (2013)
  • SPD: 19.9% down from 30.7% (2013)
  • Green: 19.8% up from 11.1% (2013)
  • AfD: 12.6% up from 4% (2013)
  • FDP: 7.6% up from 5.0% (2013)
  • Left Party: 6.6% up from  5.2% (2013)

This is confirming that the Trump Revolution is still in play. That does not mean others are supporting Trump. It simply means that whoever is in power is being thrown out of office. Unfortunately, the way German politics works, they can form a coalition to rule despite the fact that what they stand for are completely opposite positions. So a coalition of the black-green coalition and an alliance with the CDU is possible, but this would be extremely vulnerable and narrow. A CDU and Greens coalition would produce 56 seats out of 110. They really need a coalition of the Greens with both the CDU and SPD making it a black-green-red government with 63 seats out of 125.

What is very clear is that the rising discontent with the entire refugee crisis may yet bring Merkel down and the entire EU, if they do not wake up and admit a serious mistake, has been made

Oct 28 2018

Can Merkel Survive the Hesse Election?


Armstrong Economics Blog/Uncategorized

Re-Posted Oct 28, 2018 by Martin Armstrong

Merkel remains the face of Europe outside of the continent and the risk of Merkel losing the Chancellorship will be a serious crack in the confidence of the Euro. The Hesse election is now taking place and what is at risk here is Chancellor Angela Merkel and her grand coalition. The voters will decide Sunday whether Merkel’s supporters will survive politically. What is at stake is the future of the CDU itself and possibly also her SPD colleague. With the rise of the Alternative for Germany (AfD) and the socialistic ideas of the SPD, the SPD is coming to the conclusion that they see no future in maintaining the coalition with Merkel’s CDU. Following the Bavarian election two weeks ago, the rise of the AfD has placed Markel at risk. The Bavarian election turned out to be truly a referendum on the CSU’s anti-Merkel position in Germany. Under pressure from the nativist AfD, the CSU chose to imitate the far-right party’s anti-immigrant and anti-European rhetoric to win with whatever lies it would take. The coalition is breaking apart and a loss in Hesse may see political change in Germany before the end of November.

There is a rising view that Merkel has to go because of her immigrate/refugee policy that has undermined not just Germany, but the entire EU as a whole. A loss for the CDU in Hesse will most likely put pressure on Merkel to step down. In the CDU talk is that the Secretary-General Annegret Kramp-Karrenbauer has the best chances for succession. Ironically, Kramp-Karrenbauer does not want to be endorsed by Merkel as the talk behind the curtain goes. The fear is that Merkel has perhaps less the 20% support among Germans in general and that can be toxic for anyone she would endorse as her heir. Some are claiming that Merkel can still prevail. Other say she would have to be dragged out by her hair before she would relinquish he political position. Meanwhile, the Euro hangs in the balance

Oct 23 2018

Wow – The Bloom is Really Off The Ruse…


Re-Posted from The Conservative Tree house on October 23, 2018 by

When I watched this earlier today I noticed something was odd; the background sound and the responses from the visible audience don’t align with the visual as presented.

Watch. When President Obama is speaking there’s almost no visible reaction; but something more…  LISTEN !  There’s almost no audible audience response… it just seems weird.

.

The media have always covered for the Manchurian lightbringer, so we knew something was off when we first watched the Obama presentation. Thanks to twitter video we now know what that something was:

Rosie Memos @almostjingo

There’s almost no-one there.

It’s the Obama Potemkin village again; only this time in Nevada.

Meanwhile in Texas….

Oct 22 2018

Obama Takes Credit for Economic Recovery Saying it is Not Trump but Him


Armstrong Economics Blog/Politics

Re-Posted Oct 22, 2018 by Martin Armstrong

Believe it or not, Obama, who raised taxes dramatically, is claiming the recovery is because of him and not Trump. On September 7th, 2018 Obama at a speech at the University of Illinois sharply criticized Trump and then claimed ownership of the U.S. economic recovery.

Oct 21 2018

The End of Britain with 2nd Referendum on BREXIT?


Armstrong Economics Blog/BRITAIN

Re-Posted Oct 21, 2018 by Martin Armstrong

As many as 670,000 people protested in London to call for a second Brexit referendum. Our computer is showing that a second referendum will vote to remain but this is most likely because they will rig the vote. This is in conflict with our economic model which shows that BREXIT should still win. Keep in mind that we have crossed the Rubicon in politics here in 2018. The chances of any election actually being honest and fair is highly unlikely.

 

 

Of course, these people are just brainwashed. They are completely ignorant of the fact that remaining in the EU will be the death of Britain. They listen to the likes of Tony Blair and other politicians who get huge pensions from the EU. These protesters are really too stupid to understand what they are protesting for and they are just pawns in a game for corrupt politicians. The economic growth of Britain has steadily declined ever since joining the EU. We have provided this chart to the British press and politicians but not a single person has made this chart public. But worse still, Britain is resented in the EU because without Britain Europe would have been lost to both Hitler as well as Napoleon. Without Britain, Europe would never be free. Many resent that they owe everything to Britain.

All the history aside, any trade deal can only be subjected to a veto of 28 member states. Britain cannot reach a trade deal on its own terms with anyone for they can be stopped by the raising of just one hand. Britain will also see its financial market destroyed for Brussels wants to be able to outlaw short-selling to protect the Euro by decree when the free markets go against them. On top of that, the ECB has destroyed the European bond market and that is just starting to bubble to the surface as rates are rising in Southern Europe.

On top of that, Britain loses just about every court ruling in the European Court. And as for migrants, the number one name in Britain among newborns has been Muhammed.

 

 

The British pound had really been just a unit-of-account prior to 1489. It was literally one pound of “sterling” silver .925 fine. The first one-pound coin appeared in gold and was issued in 1489 by Henry VII. The risk that the British pound will no longer exit arrives in 2029

Oct 20 2018

Why British Politicians Argue to Remain in the EU – PENSION!!!!!!!!!


Armstrong Economics Blog/BRITAIN

Re-Posted Oct 20, 2018 by Martin Armstrong

When you look closely at all the people who line their pockets with huge EU pensions for being a representative of Britain, it is stunning to see why they would argue to “remain” when all the evidence is against Britain if it remains inside the EU

Oct 17 2018

Is Tony Blair a Traitor to Britain to Help Politicians in EU?


Armstrong Economics Blog/BRITAIN

Re-Posted Oct 17, 2018 by Martin Armstrong

QUESTION: Is Tony Blair just a traitor to the British People to help his fellow politicians in Europe?

JS

ANSWER: Yes.  Tony Blair is out there pitching for another Brexit referendum as Prime Minister Theresa May, who also did not want to exit the EU, will be unable to secure a parliamentary majority and this seems to be an intentional plot to overturn BREXIT. Even the propaganda they use with regard to trade is misrepresenting the entire scheme. Britain is FAR BETTER off under BREXIT than remaining within the EU. Any trade deal is subject to the veto of any one of 28 member states. Britain CANNOT reach an independent trade deal for its own people for the French have always vetoed Britain. Let’s face the facts. Britain loses EVERY major case in the European court. This is all about protecting governments – not about what is best for the people. Britain will collapse with the EU if it does not break the chains which bind it.

Oct 16 2018

GDPR Creates an Overwhelming Bureaucratic Nightmare in Europe


Armstrong Economics Blog/European Union

Re-Posted Oct 16, 2018 by Martin Armstrong

 

The new data protection legislation in Europe known as GDPR. has resulted in simply overwhelming the government with complaints and inquiries from small businesses who do not understand the regs. In Germany, the various agencies are reporting a 500% increase in complaints. Even in Bavaria, 2,974 consultations took place in 2017, and so far this year it has reached 7,000 by October 1st. This legislation was really all about being able to prevent mass email campaigns that were political. They really did not care if people received junk emails. However, creating a law and pretending it is to protect consumers requires broad language to hide the fact it was to prevent political solicitation. They have created a nightmare all to prevent email campaigns that took place in the 2016 US presidential elections.

Oct 15 2018

Merkel’s Conservative Lose Absolute Majority in Bavaria


Armstrong Economics Blog/European Union

Re-Posted Oct 15, 2018 by Martin Armstrong

It is really mindblowing how politicians simply refuse to admit a mistake with the refugees and reverse course. Merkel has dug in her heels in over this issue and it is just not going to get better. From the outset, I warned that in an economic decline, the last thing you do is accept immigrants. This is not my opinion – it is just patterns from the past. That similar event of immigrants coming in during an economic decline led to street battles in the USA when it was just the Irish during the 1840 Great Depression and Sovereign Debt Crisis. History repeats for the same stupid decisions time and again. Merkel has set the stage for violence in Europe and political discontent that threatens to undermine the entire EU projected.

In a further erosion of Germany’s political mainstream is clearly underway. The Bavarian conservative party, the CSU, has lost its absolute majority. Meanwhile, the Greens have become the second-largest political force in southern Germany. Additionally, the Eurozone sovereign debt crisis continues to brew. European officials are back in the spotlight recently as the debt crisis in Italy has cast Europe directly in the eye of the storm. The loss of the CSU in Germany is undermining the survivability of Merkel. With her demise, we will also see the collapse of the Euro.