Tag Archives: Hamburg

Nov 2 2018

UN’s Global Compact for Safety, Orderly and Regular Migration


Armstrong Economics Blog/Refugees

Re-Posted Nov 2, 2018 by Martin Armstrong

Austria and Hungary have now joined Trump in backing out the United Nations migration deal. The UN’s Global Compact for Safety, Orderly and Regular Migration, which is not actually legally binding on any country lacking jurisdiction or power in the UN over the entire world. This deal was finalized and it is widely seen as pro-migration and unrealistic. The greatest problem with this proposal is that the industrialized nations of Europe and America are in fact SOCIALIST states so migrants get benefits for coming that they would not get at home. The problem is that when mass-migration took place from Europe to America in the 19th century and the first near 50% of the 20th century, that migration was to freedom economically and the opportunity to work. The migration into Europe is by no means of the same quality. They go there with no prospect of employment, understanding or speaking the language, and live far better on state welfare that would possibly have at home. The incentives are completely reversed.

Trump pulled out of that deal and no both Austria and Hungary have joined as they are inundated with migrants who just have their hand out and drain the economy rather than adding to it. The UN’s Global Compact for Safety, Orderly and Regular Migration, is simply unrealistic and fails completely to understand that there is a huge difference between subsidized migration and migration for an opportunity. In the USA, Trump carried Florida with the legal Mexicans voting for Trump because they had to prove they could speak the language and had skills. The same took place in Britain where the Indians voted for BREXIT for most who migrated to Britain also had to have a skill set which was most commonly in the field of medicine. Those in power do not understand that those who learned skills to migrate are now upset at this idea of just opening up the doors under the welfare model. It undermines what they had to go through to make it to a new homeland.

Nov 2 2018

BREXIT to be Signed by the Pi Target – November 21st, 2018?


Armstrong Economics Blog/BRITAIN

Re-Posted Nov 2, 2018 by Martin Armstrong

COMMENT: Dear Martin

I am once again in awe of your mighty computer. I refer to today’s announcement by Dominic Raab that a deal on Brexit should be ready for the 21st November.
I am concerned that the UK Parlament will agree to this deal, which is a sell-out of all the main reasons we Brits voted to leave the EU. If this happens, I fear for how the majority will react.
Thank you for your remarkable service.

Sincerely

REPLY:

The most curious comment was made Dominic Rennie Raab in Britain, who is a British Conservative Party politician serving as Secretary of State for Exiting the European Union, suggested that the UK’s increasingly absurd BREXIT negotiations with the EU could be completed in three weeks’ time. He said in a letter he had sent to a select committee that ended up being released in which he said he was happy to appear before it the committee on November 21st after “a deal is finalized”.

This has caused quite a stir to say the least. After all this insane attempt by Brussels to PUNISH Britain to leave their dictatorship which never stands for election, is quite amazing. Brussels has been pushing their own agenda to punish the Brits as a deterrent to others from leaving. However, the German auto manufacturers are screaming loud for their #1 market in Europe has always been the Brits. Punish Britain and Germany will enter a major economic downturn. Still, this deal will not be all it was hoped to be. It does not represent a clean break. The cartoon running around the net of PM May kind-of captured the spirit of the BREXIT negotiations.

Now with Italy on the ropes and Portugal as well as Spain hinting that they too want to revise their budgets, as Merkel falls, many believe that Austerity will go with her. The chaos of Europe is just on the horizon. It would be extremely interesting if BREXIT were to be signed on November 21st, 2018. That would be an incredible event and without a clean break, it may be the event that takes Britain down with the EU. So far, Raab has been forced to backtrack once that letter became public

Oct 29 2018

Merkel to Step Down as Leader of CDU


Armstrong Economics Blog/Euro €

Re-Posted Oct 29, 2018 by Martin Armstrong

We ABSOLUTELY must understand that Merkel is on her way out and she has been the face of the entire European Union. This is incredibly important for it WILL ultimately undermine the Euro itself. Keep in mind that the entire play within Euroland has been to buy the Bunds and sell just about everything else. The primary reason has been the prevailing view that if the Euro collapses, then owning German bonds means you will get back Deutschmarks.

After the Hesse elections, German politics is like watching paint dry. We know the end result, it is just painfully slow to get there because it just takes time. Angela Merkel has told her CDU party that she will not run for re-election as its chairwoman in December, sources say. She was really forced into that position after her party has suffered heavy losses in regional elections that threatened the stability of the governing coalition. Merkel has been the chairperson of the CDU since 2000, becoming one of its longest-serving chairpersons in German history. Nonetheless, she has led Germany as chancellor since 2005 and will not resign without, according to inside sources in Germany, being dragged out by her hair are very real. She has tasted power and that is very hard to walk away from. In her case, that power is virtually being the head of Europe as a whole to the international world.

This is incredibly important because undermining the Euro is what our computer is warning about and that can drive the dollar to all-time record highs breaking the back of the entire world monetary system. Curiously enough, December has been shaping up as a major turning point on the Arrays. We may have just got the explanation why.

Oct 29 2018

Brazilian Election: Nationalist Congressman Jair Bolsonaro Wins Presidency – Another Rebuke of Establishment Politics…


Re-Posted from The Conservative Tree House on October 28, 2018 by

Some have called him the Brazilian Trump, a populist candidate for the presidency. His mantra: “Brazil Above Everything, God Above Everyone”.  The professional political elites who rule within international circles have been throwing every attack possible at candidate Jair Bolsonaro.

Two-months-ago his left-wing political opposition stabbed him in the liver in an attempted assassination.  Bolsonaro believes in open market free-trade; Brazil-first nationalism, and protecting the integrity of the Brazillian national identity.

Today he wins the presidency.  The global progressive movement is going bananas…

(Via Associated Press) 7:50pm – Brazil’s Supreme Electoral Tribunal has declared far-right congressman Jair Bolsonaro the next president of Latin America’s biggest country.

With 96 percent of ballots counted, Bolsonaro has 55.5 percent of the votes. Leftist Fernando Haddad of the Workers’ Party has 44.5 percent.

Voters in Sunday’s runoff election apparently looked past warnings that the brash former army captain would erode democracy and embraced a chance for radical change after years of turmoil.

Bolsonaro went into the election the clear front-runner after getting 46 percent of the votes to Haddad’s 29 percent in the first round of the election Oct. 7.

After opinion polls in recent weeks had Bolsonaro leading by as much as 18 percentage points, the race had tightened in recent days. But Haddad was unable to make up the difference.  (read more)

The video embedded within the tweet below shows the assassination attack when Bolsonaro was stabbed in the liver.  Horrific.

BasedPoland @BasedPoland

Bolsonaro’s win today is another rebuke to the globalist system of elite central planning authority controlled by multinationals.

ian bremmer

✔ @ianbremmer

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 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