Tag Archives: GREXIT

Feb 10 2021

Resistance is NOT Futile


Armstrong Economics Blog/Civil Unrest Re-Posted Feb 10, 2021 by Martin Armstrong

Despite Wikipedia, Twitter, Google, Facebook, YouTube, CNN, New York Times, Washington Post, and the rest of the Marxist philosophy press, despite them all promoting the virus to impose an authoritarian socialist regime over the entire world conspiring against democracy and human rights, which include freedom of speech, people are starting to fight back. Many are canceling subscriptions to Facebook and many are moving to Duck Duck for searching the internet. Then there are those who have abandoned WhatsApp by the millions heading to Signal or Telegram. By calling any resistance just a “conspiracy theory” these real conspirators have been censoring the truth and doing everything they can to support silencing all opposition. Interestingly, that was the very role the press played during the Russian Revolution.

In Europe, Civitas is a resistance movement that now has 34 sections in France. But it is also developing in other countries. Civitas Belgium was officially announced last week. Switzerland should follow in the coming days. And a branch in Quebec is also in preparation.

Resistance is building against the rise of this tyranny supported by mainstream media. Even in Tampa, there is a local race for mayor in a small town, and they described the Democrats as “progressive” v the Republican they paint as a violent “Trump supporter.” The bias is absolutely everywhere and the press feels that anyone who dares to resist this Marxist agenda must be silenced.

Well, Shakespeare wrote in the tax rebellion that the first thing they would do is “kill all the lawyers,” which were government prosecutors since there were no private lawyers. I fear that when rebellion breaks out, they will be dragging journalists out to the street and hanging them as well. I seriously doubt it will be safe working for any of the mainstream media in the years ahead. Already, Facebook has warned its employees not to wear even clothing with a Facebook logo. Zuckerberg better hire an entire army to protect him in the future. His personal arrogance will be his undoing.

Feb 7 2021

Super Mario – Trying to Prevent ITALEXIT (Italy Exiting EU)


Armstrong Economics Blog/European Union Re-Posted Feb 7, 2021 by Martin Armstrong

G30_Reviving_and_Restructuring_the_Corporate_Sector_Post-Covid

This is the translation of a French article source: a report from the G30 on the very guy who imposed Negative Interest Rates on the EU in 2014  which has destroyed the EU bond market and set in motion the debt crisis along with NEVER ENDING Quantitative Easing. I can confirm that he once sat in the corner of a FX trading room trying to understand how the FX markets functioned and then they made him the head of the European Central Bank? So they sent an Italian to betray his own country.

“Mario Draghi was appointed by the Italian president to form a new coalition government, and this appointment of Mario Draghi at this time in history has nothing to do with good luck.

Italy, an extreme danger for the eurozone!

First of all, officially, as you read these lines, Italy’s debt stands at 158% of Italy’s GDP.
For the record and within perspective, the Greek debt in 2010 was… only 146% !!
That of Cyprus of only 56%!

A few months later, these two countries were in virtual bankruptcy, saved from the waters with plans to ruin either the populations or the savers.
n 2012, the eurozone was on the verge of an explosion!

Super Mario!

It was with a phrase that has remained famous in the mid of the summer of 2012 that Mario Draghi “saved” the eurozone.
“The euro area is ready and determined to do whatever it takes to preserve the euro and believe me, that will be enough.”

Mario is back. Mission? Save Italy, Save the Euro.

And yes, Super Mario is back, a bit like Captain Flame to save not the universe, but Italy and the eurozone, because the Italian debt threatens the solvency of Italy and the sustainability of the Eurozone much more dangerously than Greece in 2011 and 2012. 10 years ago.
Mario Draghi isn’t here by chance.
He is the former governor of the ECB.
He’s also the author of the G30 report that I have been telling you so much about, and it was no accident that I was focusing on it either.
You are going to start to understand and see certain things happening.
Some policies fall into place.
They have been calibrated for certain countries in particular which present a systemic threat to the stability of the euro area.
You know these countries.
There are Spain, France, and Italy.
Spain and France can still hold out a bit.
Italy is the current weak link in the euro area.
It is therefore in Italy that the recommendations of this G30 report, written and signed by Mario Draghi in person, will be applied with the most zeal.
Italy will serve as a laboratory and guinea pig for the economic policy defined in this 120-page report.

What will happen in Italy?

The implementation of very unpopular political and economic decisions.
The idea is to do as much austerity as possible without triggering a social revolution.
Italy will take the same path as Greece.
In 12 to 24 months, it will be the same in France.
And believe me, it will be painful.
Will the eurozone survive all of this?
In fact, no one knows.
Neither Draghi nor the other European mamamouchis.
Macron, when he says he “will be forced to do certain things that will make his re-election impossible in 2022”, knows very well what he is going to have to do.
He’s gonna have to cut off the morphine injections. (all the social and economic help)
From then on, the people will cry out in pain at the horror of the economic crisis.
We will save the big ones and what represents systemic risks.
We will drop the little ones and those without ranks.
Social tensions will mount, until the explosion.
The question that will be asked, will quickly be that of the very survival of the common European monetary project.
The next black swan is already noticeable.
It will be the Eurozone Season 2 crisis.

Feb 6 2021

Merkel’s Plea for Extended Lockdowns


Armstrong Economics Blog/Germany Re-Posted Feb 6, 2021 by Martin Armstrong

Our sources in Germany are all telling us that instead of boosting support for lockdowns, now that Merkel has come on the airwaves and attached her face for the first time, her support is dwindling rapidly. She grew up in East Germany and this said:

“For someone like myself, for whom freedom of travel and movement were hard-won rights, such restrictions can only be justified when they are absolutely necessary,” she said in her address. “In a democracy, they should not be enacted lightly—and only ever temporarily. But at the moment they are essential in order to save lives.”

With the death toll not worse than the bad flu and the deep involvement of the European leaders with Klaus Schwab, there is no justification for these actions. NEVER in 6,000 years has any government EVER locked down its people. There was far more freedom under the Communists than what is taking place in Europe right now. Merkel’s appearance may have just shot her career in the foot.

Feb 5 2021

Did Retail Really Make GME Rally? Or where there others behind the trade?


Armstrong Economics Blog/Q&A Re-Posted Feb 4, 2021 by Martin Armstrong

QUESTION: You seem to think that the Reddit people were just lucky. Is this the dawn of the little guy beating Wall Street?

GU

ANSWER: Look, this is our Global Market Watch for GME on a Quarterly Basis. The major low took place during the 2nd quarter of 2020. This is a pattern recognition model and while it picked the decline and the rally, most professionals trade technically. I cannot imagine any program that would have been calling for a short position even if you used a simple stochastic. Any technical trader would have been long. I highly doubt that this was simply novice retail people who crated this push. It has all the hallmarks of a professional manipulation and if the SEC does not investigate, you know that means the real hands in the cookie jar are behind the curtain.

Feb 3 2021

Myanmar Coup & Election Fraud


Armstrong Economics Blog/East Asia Re-Posted Feb 3, 2021 by Martin Armstrong

QUESTION: When you were in Singapore, you said that Myanmar was at political risk beginning in 2021 to 2022. Can you elaborate on the given this coup?

FB

ANSWER: This coup has exposed the different political responses between China and the United States. However, it was curiously lined up with a global trend whereby the election of November 8, 2020, would also be one of corruption the same as we have seen in the United States. Ms. Aung San Suu Kyi’s party, the National League for Democracy, won some 397 parliamentary seats out of 476. This was reported to be even a greater victory than the landslide victory in 2015 when the party began a power-sharing arrangement with Myanmar’s military, which had ruled the country for about 50 years.

The currency was the key indicator as it rallied into 2020 against the dollar. However, we can see that since the election, the currency reflected the underlying political discontent. In order to “stop the steal” in that election, the military took decisive action on Monday morning because of what it said was voter fraud. They cited even underage girls casting votes. What we must understand is that the cycle going into 2032 is witnessing major political conflicts that will be worldwide. That forecast was not unique to Myanmar, it is simply part of a political trend. We will see political upheaval here in 2021 into 2022 in elections around the globe.

The really fascinating aspect of our computer forecasting such political trends is that they are reflected often in the currency movements. Here we can see that the currency began to move post-election.

Feb 1 2021

Reddit Crowd Boasting too Much?


Armstrong Economics Blog/Basic Concepts Re-Posted Feb 1, 2021 by Martin Armstrong

A number of people have commented that somehow the people on Reddit are taking our forecasts and touting them when to buy as in silver now. It appears that way for  I have been warning for months that the gold/silver ratio will collapse and that silver would gain over gold. The danger that whoever is really behind this Reddit forum is will more likely bring the SEC down on free speech because you cannot tell people to buy stuff and then have a position in the same thing you are touting without full disclosure. That can be 20 years in prison and as long as you are not a New Yorker, you do go to prison.

The ratio made a new historical high exceed that of World War II when silver was cheaper than even nickel 1942 to 1945. It was used to replace the 5 cents “nickel” coins during the war. We put out our forecasts recommending silver over gold and that has been a good trade. However, these people behind Reddit are making it appear that if people follow them they can beat Wall Street.

All they have been doing is picking the trade that is in motion. They are NOT capable of manipulating a market insofar as turning a bear market into a bull market any more than Wall Street can. If the Wall Street crowd was all-powerful, then they would not blow themselves up and run to the government for bailouts. What they have been doing is accelerating the move but the timing remains the same. Only the volatility rises.

A word to the wise! You will lose everything if you think these people are never wrong and can beat Wall Street. Taking out billboard signs bragging about GameStop is not going to prevent a crash.

Jan 28 2021

Old Iron Curtain Countries Raising the Curtain Again?


Armstrong Economics Blog/Regulation Re-Posted Jan 28, 2021 by Martin Armstrong

COMMENT: Czech rep. has been in total lockdown with all commerce and services closed (except supermarkets and drugstores) since December (and before that since October, with barely a few weeks with shops opened before the next lockdown), curfew at 8pm, schools closed since September, ban on all social activities, etc. And, now the PM said it’s not enough (!) and even stricter “measures” will be announced soon (likely a total ban on leaving home, as well as closure of manufacturing/factories, etc).

Slovakia continues with the forced “testing” every 2-3 weeks. As before, those without a negative test certificate are not allowed to leave home (i.e., can’t go to work, buy anything at a shop, or even go for a walk). They’ve openly said these bi-weekly “tests” will be here to stay (along with the total lockdown, it seems)… until everyone is “vaccinated”.  Also, the new “pandemic” law now allows the govt to remove anyone from their home and put them into “isolation” facilities (prisons/camps?).

The Canadian leak was indeed true, it seems… it’s been playing out 100% as the document said it would, ever since October.

I’m utterly shocked… for the most part, Eastern Europe has gone full-blown “covid” tyranny, and with pretty much zero resistance from the populace. I’ve always been saying that Westerners’ idea that Eastern Europeans are more awake or more courageous or more opposed to totalitarianism (than people in the West) is not true, but even I am shocked and disgusted at seeing this. All of these countries (except Belarus and to a lesser extent a couple of places in the Balkans) have been in more or less total lockdown since October, with curfews, bans on leaving/entering the country (in the case of Hungary), businesses forcefully closed for many months, etc. But Slovakia is, with no doubt, the most tyrannical now (along with China, I suppose)… can’t believe everyone has just submitted to all of this (forced fake “testing”, total lockdown since October, schools closed since March 2020, the economy completely – and deliberately – destroyed, etc). And in Eastern Europe the governments are not paying anything to the businesses they’ve closed down…(the only payment in Czech rep. or Slovakia, is about 10 euros PER DAY per employee – as “compensation”; and nothing to compensate the business owner, of course). And still, people have been obeying ever since March.

PG

REPLY: It looks like the old Iron Curtain countries are starting to long for their old powers once again. Now even China is looking to impose anal swab testing. You would think this is the black plague. In 1918 with the Spanish flu, the death toll was about 50 million. However, the population was 1.6 billion. That worked out to 3.125%. The total current world population is about 7.8 billion, which means even a death count of 2 million is only 0.0002564%. The data is by no means justifiable to destroy the world economy and eliminate all our freedoms.

In fact, Johns Hopkins retracted an Article Saying COVID-19 had ‘Relatively No Effect on Deaths’ in USA. Everything is being censored to create a false image of what is exactly going on. Then the World Health Organization has changed the definition of “herd immunity,” eliminating the pre-COVID consensus that it could be achieved by allowing a virus to spread through a population, and insisting that herd immunity comes solely from vaccines.

The public is suffering from ‘Mass Delusional Psychosis’ and one must wonder are those in charge this stupid, or do they just don’t care what they are doing to society? It is clear that Bill Gates has bought his way into persuading many that the population must be reduced. There are trials of vaccines to prevent having children. Others are testing to see if these vaccines for COVID will reduce male fertility.

This has been global coordination with the slogan BUILD BACK BETTER and if you dare even say that you are now a conspiracy nut despite the fact world leaders are all saying the same thing. The head of the United Nations is pushing this agenda, but hey, we cannot point to world leaders all pushing the same agenda. The elderly are the most vulnerable to these vaccines. China excluded them from their vaccine.

Meanwhile, Bill Gates is already setting the stage for the sequel – climate change lockdowns.  As far as COVID is concerned, lockdowns have been more deadly and ineffective.

In Britain, they arrest you for two or more people meeting outside in a public park. What is next? Death by firing squad for failing to wear a mask to reduce the population?

Jan 27 2021

China Becomes #1 Place for Direct Foreign Investment


Armstrong Economics Blog/China Re-Posted Jan 27, 2021 by Martin Armstrong

Because the West has decided to commit suicide economically to push this Great Reset and destroy the economy to BUILD BACK BETTER, they are fulfilling precisely what our model has been forecasting – that China will become the Financial Capital of the World post-2032. China has surpassed the United States for the first time as the #1 place for direct foreign investment. We warned last week that our capital flow models were picking up capital pouring out of Europe to China much of it investing in their bonds paying 3% compared to negative yields.

The actions taken by Biden in the first three days seems to be just intent on reversing whatever Trump had done from stopping the pipeline to ordering the end of construction of the wall as hundreds of thousands are now headed to the USA with rumors that Biden will grant citizenship to all illegal aliens inside the USA. They are headed to California in herds of mass migration. Never before in history has any president so drastically altered the direction of the country so unilaterally without any serious consideration for what the consequences will be long-term.

Biden fails to realize that there is a worldwide economy out there. The United States is not unlimited in its power. He has indeed shown that what our computer has been forecasting for years will indeed be absolutely correct. He fails to understand that China is strategically building its own consumer-based economy thereby severing the reliance upon the United States to sell its products. Germany never departed from its mercantile economic model. German citizens pay high taxes and as such, they are near the bottom of the European ladder for wealth. China is well aware that what made the USA great was its consumer-based economy. Germany never figured that out and relied always upon selling to everyone else.

China on the Rise Report where we laid out that it would surpass the United States as the financial capital of the world was published in 2018. We will be doing an update soon, but all the forecasts are on track and the West in committing economic suicide is merely accelerating the trend.

Jan 27 2021

Larry Kudlow to Host New Fox Business Network Program


Posted originally on the conservative tree house on January 26, 2021 by Sundance

Former White House Chairman of the National Economic Council, Larry Kudlow, will begin a new venture joining Fox Business News on February 8th.

Kudlow joined the wolverine Trump economic team in 2018 and was complimentary to the objectives of the Trump administration with his affable demeanor.  Secretary Ross, Ambassador Lighthizer, Secretary Mnuchin and Peter Navarro were the teeth, while Larry Kudlow was the one who smoothed the edges.  The entire team complimented each-other brilliantly.

Fox News Media announced on Tuesday that Larry Kudlow, former President Donald Trump’s top economic adviser, would host a new weekday program on the Fox Business Network.

Kudlow, who served as director of the National Economic Council from April 2018 until the end of Trump’s presidency this month, will also be a contributor across all Fox News Media platforms — providing “expert financial analysis on domestic and global affairs.”

He will begin work on Feb. 8, and details about his upcoming show “will be announced at a later date,” according to Fox News Media.  (read more)

Jan 24 2021

1871 Act making DC a Corporation


Armstrong Economics Blog/Conspiracy Re-Posted Jan 24, 2021 by Martin Armstrong

QUESTION: I am finding it hard to find the Act of 1871 in the Constitution.
Can you please help me find it.
Thanks
JS

ANSWER: The Act of 1871 incorporated the District of Columbia – NOT the United States!. Here is an article about it when it passed. Trump did not dissolve the US and Biden is not the president of just DC.  The United States was NOT bankrupt in 1933. Virtually the entire world defaulted in 1931 and the US dollar rose in value so high that it forced FDR to devalue the dollar for trade purposes. The US ended up with 76% of the world gold reserves because Europe destroyed its economy twice with both world wars. These claims are total nonsense! Municipal governments are always corporations.

Trump may start a third party and the name being floated around is the Patriot Party. Unless 17 Republicans vote guilty and then they can join the Democrats and bar5 him permanently from ever running for president. Keep in mind that there are swamp-creatures also in the Republican party like McConnel. Since they too are up there in years and unlikely to be around for 2024, they would have no problem voting against him to save the swamp.

I really do not see why people need to keep making up crazy stories. All I can assume is they are doing so to deliberately flush people out. Others may simply be unfamiliar with what they are even talking about. There were videos going around that the Supreme Court was trying to tell Trump how to file after they dismissed the Texas suit. That was just laughable! They filed under the original jurisdiction of the Supreme Court whereas claiming they needed to file under Article III was already attempted. That is filing in a district court, then the appeals court, and then to the Supreme Court. If they wanted to take the case they would have. There were two dissents. That was a political decision to preserve the swamp – plain and simple.

Here is the full article.

Categories:Conspiracy, Rule of Law