Tag Archives: GREXIT

Nov 14 2017

The Syrian War


Armstrong Economics Blog/Civil Unrest

Re-Posted Nov 14, 2017 by Martin Armstrong

QUESTION: Mr. Armstrong, I greatly appreciate everything you do. I was moved when you ended you WEC in Orlando explaining that you see this as we are all in this together. You really make an effort to pass along sound advice without strings attached to solicit money. A very admirable effort I wish others would follow.

My question is this. At the 2015 WEC when Russia invaded Syria on the precise day of your model, you said this would be an important event moving forward. The entire refugee crisis began from that date and now they seem to be winning the war against these jihadists. Now the tensions are rising between Saudi and Iran. Is this part-II of the Middle East crisis? You said back in 2015 that the mere fact Russia entered Syria on the very day of you model signaled this will be the region we should watch. So will this escalate now?

ANSWER: Yes. I wrote in the 2015 War Cycle: “It is extremely disconcerting that on the very day of the peak on the Economic Confidence Model, September 30, 2015 (2015.75), Russia began bombing forces trained and funded by the United States to overturn the Syrian government of Assad.” In 639 AD, Muawiyah I (b. 602–680 AD; r. 661–680 AD) was appointed Governor of Syria as it fell to the Muslim Conquest. We are now in the 26th 51.6-year wave from that event which is a major turning point.

The focus is turning to Idlib, which is a city in northwestern Syria. It is the capital of the Idlib Governorate, which is about 59 kilometers southwest of Aleppo. Because the Syrian government wants to evacuate all jihadists to Idlib, this will present a problem to Turkey which it borders. The Syrian state has offered to give the jihadists safe conduct and let them go to Idlib. For about one to one and a half years, jihadist terrorists from all parts of Syria are being transported to Idlib.The majority of these militant fighters appear to belong to the al-Nusra Front. These terrorists are well armed and have between 30,000 and 50,000 tanks. They also have missiles, chemical weapons, and other assorted war equipment.

In Turkey, the fear is that they will eventually flee Syria and enter Turkey. At least half of the terrorists are from Chechnya, Dagestan, Central Asia and other areas of the Russian Federation. They are not even Syrian. They have been a foreign invading army in Syria driven by religion. Under Trump, the USA has agreed with Russia that Idlib needs to be cleared by al-Nusra terrorists. There is a serious cooperation between Russia and the US regarding Idlib, which did not exist under Obama. 

Nov 13 2017

The Coming Pension Rehabilitation Administration


Armstrong Economics Blog/Pension Crisis

Re-Posted Nov 13, 2017 by Martin Armstrong

 

Remember the S&L Crisis, well welcome to the Pension Crisis. It is becoming well known behind the curtain that we have a global pension crisis. I first reported this event more than 15 years ago. This at the WEC, we had more than 10 major pension funds attending from around the world. The crisis has been set in motion by the lowering of interest rates with the Crash of 2007. This is why the Fed Char Yellon has been talking about the need to “normalize” interest rates. The crisis in Europe is reaching catastrophic proportions.

In the USA, Senator Sherrod Brown, a Democrat from Ohio, intends to introduce legislation that would allow struggling multiemployer pension funds to borrow from the U.S. Treasury to remain solvent. The proposal being kicked around would create a new office within the Treasury Department called the Pension Rehabilitation Administration (PRA). The funds would come from the sale of Treasury-issued bonds to financial institutions. The pension funds could borrow for 30 years at low-interest rates. One restriction for borrowers is they could not make risky investments. That will mean they must buy government bonds since the government assumes whatever it issues in debt is risk-free, That propaganda is supported by the big accounting firms.

Nov 13 2017

Trump, White Supremacy, and Fake News (Larry Elder Interview)


Larry Elder (Author & Radio Host) joins Dave Rubin to discuss his views on Trump, the cries of white supremacy, and fake news.

Nov 13 2017

Larry Elder (Author & Radio Host) joins Dave Rubin to discuss his background, political evolution, and his views on “actual” racism vs systemic racism, Black Lives Matter, and more.


Larry Elder (Author & Radio Host) joins Dave Rubin to discuss his background, political evolution, and his views on “actual” racism vs systemic racism, Black Lives Matter, and more.

Nov 13 2017

Thomas Sowell Dismantles the Ideology of “Social Justice”


Thomas Sowell is an American economist, turned social theorist, political philosopher, and author. He is currently Senior Fellow at the Hoover Institution, Stanford University. In this segment he talks about the idological failures of Social Justice or what he calls “cosmic.

Nov 13 2017

Bill Whittle: SJW, SURPRISE!


William Alfred “Bill” Whittle (born April 7, 1959) is an American conservative blogger, political commentator, director, screenwriter, editor, pilot, and author.

Nov 13 2017

Bill Whittle: 5 STEPS to Take the Country Back from the Left


William Alfred “Bill” Whittle (born April 7, 1959) is an American conservative blogger, political commentator, director, screenwriter, editor, pilot, and author.

Nov 13 2017

Bill Whittle: How the Critical Theory Ruined a Generation


William Alfred “Bill” Whittle (born April 7, 1959) is an American conservative blogger, political commentator, director, screenwriter, editor, pilot, and author.

Nov 13 2017

Pension Crisis


Armstrong Economics Blog/Uncategorized

Re-Posted Oct 12, 2014 by Martin Armstrong

 

Detroit Bankruptcy UnionsAfter 2015.75, we will begin to observe the Pension Crisis manifest before our eyes. There are few governmental exceptions within Western Society without this serious trouble. While they keep everyone occupied between soccer and football, governments have done an incredible job of committing massive fraud upon the public. Public unions are simply demanding that governments raise taxes and extort money from other sectors to hand to them.

Government pension funds are a joke. Even in Britain,  pensions will run out of cash next year: Amount handed out to future generations will be disastrous. Those under 35 should not expect anything for their taxes. (see also the Mail). This will be part of the ever increasing civil unrest that we see coming after 2015.75 moving into January 2020.

Nov 13 2017

European Banking Crisis


Armstrong Economics Blog/Banking Crisis

Re-Posted Nov 13, 2017 by Martin Armstrong

There is intense resistance building against the stricter new rules on bad loans among the European banks. This will hit Italy hard and may push off the edge more than one Italian bank. With the elections coming next year in Italy, the banking rules may be the straw that breaks the back.

The background to the dispute is the demand of the ECB’s banking supervisor that banks must withhold higher reserves for the default-prone loans in their portfolios. The crisis stems from the fact that as taxes have increased, the economy has declined. The total bad loans in the Eurozone add up to about €844 billion euros. About 25% of this figure is concentrated in Italian banks.

A good stiff wind may blow over the European banking system