Eastern Europe New Political Block


Armstrong Economics Blog/European Union RePosted Mar 4, 2021 by Martin Armstrong

The Central European countries are forming a block uniting AGAINST the rise of Marxist/Communism emerging from Brussels. I have been in contact with reliable sources and I can still confirm that I do not see how Schwab and his associates will succeed. It is impossible for them to conquer the world with their leftist Great Reset. Even the proposition that you will own nothing and be happy does not seem plausible insofar as success is concerned. They are counting on allowing the borders to be flooded with people from the third world to use that to overpower the domestic citizens.

I do not see China, Russia, or Central Europe lining up to kiss the ring of Klaus Schwab. I do not care how much money Gates and Soros throw in bribes behind the curtain to support the Great Reset. They will seriously damage the economy of the West by shifting the financial capital of the world to China, but they will not conquer the world as they are the real “Dreamers” in the equation.

Klaus Schwab Advocates Perpetual Lockdowns?


Armstrong Economics Blog/Conspiracy Re-Posted Mar 2, 2021 by Martin Armstrong

Klaus Schwab thinks imprisoning people is a good thing. We really have to purge EVERYONE from a political office that pays any homage whatsoever to Schwab and his World Economic Forum. In addition, any CEO of any public corporation that is in league with Schwab and his World Economic Forum is committing fraud upon their shareholders. They have a FIDUCIARY duty to the shareholders — not stakeholders. That is the law. If I go public and raised $10 billion, and then say I will hand $2 billion to my personal favorite charity from company money, I think that would be a fraud! The Securities & Exchange Commission is NOT doing its job, for they look the other way on CEOs supporting Schwab and bankers.

Trudeau Moves to Install Guaranteed Basic Income in Canada


Armstrong Economics Blog/Canada Re-Posted Mar 1, 2021 by Martin Armstrong

It is very interesting how Trudeau has called anyone who uses the term “Great Reset” is a conspiracy theorist, and he intends to just focus on helping Canadians. Those who are engaged in this Great Reset know they have the media on their side to push this Agenda 2030 forward without anyone ever having the right to vote on changing the world economy.

Nobody ever asks how if a 16-year-old get to Canada to appear in elections in Alberta or meet with Trudeau. Who paid all the expenses? To get there, the fuel consumed created CO2, and we now have these world leaders desperately trying to shut down international travel, hospitality, and the freedom to move, assemble, and speak.

I find the misinformation is coming from mainstream media and those engaged in this Great Reset. Here is the Bill introduced last week in Canada to create Basic Income which is the way to replace pensions if the government decides to default on all its debt and to provide income to people it is deliberately trying to terminate their livelihood to save the environment.

Trudeau calls it a conspiracy theory to simply say what he is really up to. These people fail to understand that CO2 is not the cause of cycles in climate. They are hurling human society toward a mass extinction by denying the population heat and food production.

We are considered the stupid Great Unwashed and as such we have no right to vote on our own future. To these people, we are simply the worker ants in their farm incapable of understanding the greater good. We have been reduced to economic slaves and people like Trudeau will put this international agenda from the World Economic Forum, and we are to just obey – democracy no longer exists.

Czechoslovakia Returning to Communism?


Armstrong Economics Blog/Socialist Re-Posted Mar 1, 2021 by Martin Armstrong

From Monday almost 30,000 police and 5,000 soldiers will be policing Czech Republic “covid” lockdown which is total home imprisonment and respirator (N95 mask) mandates. Of course, there was the Velvet Revolution which took place Nov 17, 1989 – Dec 29, 1989 as communism collapsed. The Czechoslovak Socialist Republic was the name of Czechoslovakia from 1948 to April 23, 1990, when the country was under Communist rule. It was simply a satellite state of the Soviet Union. The Communists were the big winners in the 1946 elections, taking a total of 114 seats. Hence, with a strong Communist position, the Soviet Union did not have to install its own puppets.

The Prague Spring, as it is know, was a period of political liberalization in Czechoslovakia whereby it was recognized that the economy was stagnating under Communism. This liberalization began on January 5, 1968, when reformist Alexander Dubček was elected First Secretary of the Communist Party. The liberalization continued until the Soviet Union and other members of the Warsaw Pact invaded the country to halt the reforms on August 20-21 August.

The Prague Spring reforms included a grant of additional rights to the citizens in an attempt to decentralization of the economy and democratization. Dubček granted freedoms which loosened of restrictions on the media, speech and travel. There was even the discussion of dividing the country into a federation of three republics, Bohemia, Moravia–Silesia and Slovakia. Dubček wanted to split the country into the Czech Republic and Slovak Republic. The Warsaw Pact invasion of Czechoslovakia was clearly an act of deperation to maintain Communism. The fear was that allowing this reform and its success would bring down the entire Soviet Union.

Therefore, the previous cucle had begun in mid 1916. This second wave which began in 1968, came to an end ironically precisely March 24th, 2020 one day after the COVID crasg low. Once more, we see the Czech government moving to restore effectively complete authoritarian rule under the pretense of this COVID virus. The next peak in the first 8.6 year wave will align with 2024. The following was reported by a reader living there.


This is to enforce the new total lockdown rules: no social contacts permitted with anyone who doesn’t live with you (not even with close family who don’t live in your household), no movement outside your district permitted (unless for essential work that must be documented), ban on leaving home between 21:00 and 05:00, all schools, kindegardens etc closed, all shops – except supermarkets and drugstores – and services closed (incl. car repair and home repair services), respirators mandatory everywhere at all time (but in open air where there is not a high concentration of people “only” surgical masks are mandatory).

And, everyone who was in any contact (even brief) with a positively tested person must quarantine for 14 to 21 days (21 days if they live with the “positive” person) AND get a mandatory test after this period (without a negative test they can’t leave quarantine ever).

And, same in Slovakia. Mandatory respirators/N95 everywhere, total ban on leaving home between 20:00 and 05:00, and the rest of the time you can only go out with a negative test certificate (same as before, since October pretty much). All commerce and services remain closed (since early October many of them, and since early December all the rest, except supermarkets and drugstores – but supermarkets are only allowed to sell basic food products and nothing else).

Now they’re also saying they’ll close all factories and industry next.

Snowden on Did we Agree to All of This?


Armstrong Economics Blog/Tyranny Re-Posted Feb 28, 2021 by Martin Armstrong

Rome Police Defend Protesters in Solidarity


Armstrong Economics Blog/Italy Re-Posted Feb 24, 2021 by Martin Armstrong

Many people have written in to say this is all too depressing. I explain that by posting what is taking place globally, you can see that RESISTANCE IS NOT FUTILE. I reported previously how the police in Naples turned and joined the protesters. Now the same is taking place in Rome. The people are starting to rise up. One reader just wrote in about Pennsylvania. Resistance is starting to appear everywhere. It is building as we move into 2022. Schwab, you better head to Mars sooner than later as you list among your 8 predictions for Agenda 2030!

There are more businesses pushing back now and not following Gov Wolf’s mandates and business guidelines. Following the 3 week shutdown that covered Christmas and New Years, when many businesses that were supposed to shutdown, did not shutdown and remained open for the duration in defiance. Now many businesses are following up with not enforcing the mask mandates, capacity restrictions, travel restrictions and other mandates, that many are just ignoring. Now there still are some true believers, but many in this area of PA are just moving on. A lot are just saying NO to the prick (Fauci and vaccines). Will be interesting to see where this all goes

Civil Unrest in Spain for the 5th Night


Armstrong Economics Blog/Civil Unrest Re-Posted Feb 21, 2021 by Martin Armstrong

Spain has imprisoned a rapper for insulting the government in his Tweets. Barcelona ​and many ​other Catalan cities, along with Madrid have been erupting in civil unrest as people protest to demand the freedom of rapper Pablo Hasel, who the government sentenced to prison for nine months because of his tweets which were insults against the Crown and the police. These protests, which began in Barcelona against the Mossos d’Esquadra, the Catalan police force, which in turn responded with smoke bombs. These protests are reflecting the frustration over the lockdowns which have erupted into riots, fires, and even looting.

The build-up of frustration has led to civil unrest erupting on just about any excuse. This is more than just a protest over the wrongful imprisonment of  Pablo Hasel. This is simply a reflection of the totalitarian state that governments are trying to impose using this virus as the justification to hide their real agenda – the Great Reset.

Why Global Warming was a Total Farce & it’s Now Incorporated into the Great Reset


Armstrong Economics Blog/Climate Re-Posted Feb 18, 2021 by Martin Armstrong

QUESTION: Mr. Armstrong, your computer and you have been correct on everything from politics to markets and even climate. You said we would be headed back to global cooling.  Was this based on the solar waves of energy from the sun?

Thank you for the thought-provoking blog

DL

ANSWER: This is the Western Plague in research. They always seek to reduce whatever it is to a single cause and effect. I am so tired of this nonsense about CO2. Here in Flordia, we had a red tide and instantly the politicians were blaming it on farmers that certainly are not in this area. All I did was Google red tides and there it was, the first one reported was by the Spanish during the 17th century long before farmers in Florida using chemicals.

The output of energy from the Sun oscillates but that is NOT the single cause of the effect of global warming and cooling. There are other aspects that come into play such as Arctic Oscillations.

The Arctic Oscillation (AO) refers to an atmospheric circulation pattern over the mid-to-high latitudes of the Northern Hemisphere. The most obvious reflection of the phase of this oscillation is the north-to-south location of the storm-steering, mid-latitude jet stream. This is what impacts the “jet-stream” which they will refer to on weather reports. Thus, the AO can have a strong influence on weather and climate in major population centers in North America, Europe, and Asia, especially during winter. This is something the Climate Change people seem to be oblivious to these days.

The Weather forecasters are probably much to blame because they will refer to the Jet Stream dipping down which brings cold and ice storms to Texas for example. This will typically shut down electricity as we see all over the United States. However, what seems to NEVER be articulated is what makes the Jet Stream dip in the first place? The AO’s positive phase is characterized by lower-than-average air pressure over the Arctic paired with higher-than-average pressure over the northern Pacific and Atlantic Oceans. The Jet Stream is farther north than average under these conditions, and storms can be shifted northward of their usual paths. Thus, the mid-latitudes of North America, Europe, Siberia, and East Asia generally see fewer cold air outbreaks than usual during the positive phase of the AO.

Conversely, AO’s negative phase has higher-than-average air pressure over the Arctic region and lower-than-average pressure over the northern Pacific and Atlantic Oceans. The Jet Stream shifts toward the equator under these conditions, so the globe-encircling river of air is south of its average position. Consequently, locations in the mid-latitudes are more likely to experience outbreaks of frigid, polar air during winters when the AO is negative. In New England, for example, higher frequencies of coastal storms known as “Nor’easters” are linked to AO’s negative phase.

Now look closely at this chart. Note that the strong negative spikes down were going into 1970 and again in the mid-1970s. I really cannot explain why in the West science seems to be void of really comprehending that everything functions in a cycle. Because the summer in 2020 was hot, they immediately say it’s global warming and I am wrong. They shut up then when 50% of the country is freezing right now or claim this is because of CO2 with no proof at all.

During the 1970s, we had climate charlatans calling for a new ice age. Looking at this no different than any time series, the low was 1977 at -3.767 which was followed by a gradual warming trend where the high took place in 1993 at 3.495 on the AO index and the low thereafter was 2010 at -4.266. Thereafter, the AO index swung up into 2020 at 3.417 which was a retest of the 1993 high.

However, 2020 then went into a Panic Cycle and by year-end, it had closed negative extremely rapidly.  This warned that the extreme heat into 2020 would then be followed by a crash into extreme cold into 2021 no different from a market crash pattern. Cyclically looking ahead, it will be extremely cold post-2032 into 2037. If we are going to see a sharp reduction in the population at that time, it will be primarily because of the weather. We are looking at wild swings and post 2032, where we are likely to make new historic lows in this index which will be very cold temperatures. By shutting down fossil fuels, this environmentalist movement may become the primary reason for the drop in population post-2032 that our model is suggesting most likely brought on malnutrition as food shortages dominate the end of this cycle. Life expectancy is already declining and is now down 15 years from the high. This will decline further into 2024 accelerated by the lockdowns.

Here we have the front cover of Time Magazine predicting climate change back to an ice age. That was dated January 31, 1977 corresponding to the sharp spike down into a negative AO in 1977. In the April 28, 1975 edition of Newsweek, they actually proposed solutions for climate change that included outlawing internal combustion engines.

This is when Al Gore came to the rescue. Just like the poles flip on the sun every 11 years, Al Gore flipped the argument from manmade cooling to manmade warming to save the end goal — eliminating all fossil fuels regardless of the evidence. Who needs science when you can just make up the studies and cherry-pick the facts to support whatever you want.

The extreme cold also hit in 2010. I remember in New Jersey, we had not seen snow like that since I was a kid. The increase in volatility is heading into a cataclysm by 3021-2037. Indeed, 2020 closed negative warning that this winter would be a highly volatile and cold year which may even exceed 1977 or 2010 on the negative side with respect to the AO index.

We now have the World Economic Forum, Bill Gates, and Al Gore, all swearing the global warming trend from the 1977 low into the 1990s was all man-made added by soccer-moms drive the kids around in SUVs. I just cannot get over the total lack of any scientific investigation that is now being used to destroy economies and jobs because these people are total idiots when it comes to understanding weather, science, or cycles.

No worries, you will NEVER read anything about cycles in mainstream media. They will NEVER print anything along these lines because they will NOT tolerate any possible debate. The United Nations needs the climate change argument for that is the only way they can gain power. They argue that no single country can stop global warming. It will take a one-world government with mandatory compliance by member states. Yes, my bias is to freedom whereas their agenda is to suppress the world.

Then there is the complexity of the Milankovitch Cycles. The climate activists dismiss it because they argue while physical evidence shows that the variation in Earth’s climate is much more extreme than the variation in the intensity of solar radiation calculated as the Earth’s orbit evolves. If orbital forcing causes climate change, science needs to explain why the observed effect is amplified out of linear proportion to the theoretical cause. They simply do not understand the complexity and it cannot be reduced to a single cause and effect as they have done with CO2.

Still, there is other research the United Nations ignores because they are using climate change to argue for a one-world government. The real experts on the oceans and how they function were at the Lamont-Doherty Earth Observatory at Columbia University. It was in 1956 when they published A theory of Ice Age by Maurice Ewing and William Donn. They were the most influential oceanographers to date, yet the Global Warming people have completely ignored their work and bastardized it for political gain. The core of what they unveiled was that if the Arctic Ocean would get warmer and the ice melted, this would signal an Ice Age, not the sinking of coastal cities. A warmer Arctic Ocean would mean that water would flow more freely between it and the Atlantic, dissipating the cold making the Atlantic colder. There is the key to an Ice Age. If all the ice melted in the Arctic Ocean leaving open water that was then warmer by mixing with the Atlantic, then a warmer Arctic Ocean surrounded by colder land around it would produce evaporation and that water would then return back to the land as snow. More snow that falls in Greenland and Northern Canada is what makes glaciers grow deeper. When the Arctic Ocean is covered in ice, then there is NO EVAPORATION and thus we do not move into an Ice Age.

We are dealing with people who think only in a single dimension and constantly try to reduce everything to a single cause and effect.  They are seriously causing the West to collapse and their theories of Climate Change are leading us into absolute disaster post-2032. They will not tolerate opposition. To further illustrate my point, Joe Biden has taken down your right to Petition the White House. The petition system has been around for many years. There were hundreds of active petitions but Biden did not want petitions filed because his Great Reset and Climate Change agenda is opposed by Republicans he refuses to answer.

Moreover, he is imposing his Build Back Better Climate Change Agenda by executive order to deny even Congress the right to debate any of these issues. Biden is taking his marching orders from the World Economic Forum and the United Nations – not the American people. This is outright tyranny and anti-Democratic no matter what side you are on. If the White House had previously gotten 100,000 signatures, the White House was supposed to give an answer.

Under his previous Obama Administration, there was the “Free Assange” petition that the Obama Administration was obligated to answer. Biden does not want to answer anything with respect to his Build Back Better or Climate Change Agenda where he is taking direction from the United Nations and the World Economic Forum. So much for We the People! Biden is doing the very same thing as Big Tech – censorship.

The Biden White House does not promote unity nor does it represent 49.6% of the population it did not win. Biden has fully embraced that Cancel Culture where someone is shutdown from social or professional circles both online and in the real world. Those who are subject to this ostracism are said to be “canceled” so Biden has canceled 49.6% of the American public. Trump’s lawyer has been canceled by the law school for representing Trump during the impeachment. Lawyers are supposed to defend even the guilty. Looks like this is one law school you better not attend!

As one client wrote in: “I really enjoy your work. Thank you for sharing it with us. The world is going crazy and we are just along for the ride.” JC

Facebook & Zuckerberg’s New World Order – Tyranny


Armstrong Economics Blog/Tyranny Re-Posted Feb 18, 2021 by Martin Armstrong

When will these people stop with the censorship that is designed to push an agenda and why is it so important? In a free society, you debate the issues. We have turned into a tyrannical society where we are to be denied the right to think for ourselves or consider that whatever they are pushing is not compatible with our personal desires. There is just something wrong with what is going on. If someone says these are cloned aliens, they have a right to say that and the majority of people will listen and laugh. Sure, there are always a few who will believe such things. But this is what humanity is all about. We even have two primary political parties because people will have different views. This censorship is trying to impose ONE PARTY RULE and that is tyranny.

Amsterdam Has Retaken Financial Capital of Europe? Was this Cyclically on Time?


Armstrong Economics Blog/BRITAIN Re-Posted Feb 17, 2021 by Martin Armstrong

EURONEXT has now beaten out London retaking back the financial capital insofar as stock trading is concerned thanks to Boris Johnson and of course BREXIT. The numbers are in and Amsterdam surpassed London with an average of €9.2bn shares a day traded on Euronext in January 2021, which was been a 400% increase over December compared to London trading which dropped to €8.6bn retaking its historic position that existed before the Dutch lost it to London.

In 1689, the English Parliament declared that James II had abdicated by deserting his kingdom which was to exclude him and his Stuart heirs because they were all Roman Catholics. Parliament declared that “it hath been found by experience that it is inconsistent with the safety and welfare of this protestant kingdom to be governed by a papist prince”. Thereafter, the Sovereign was required in their coronation oath to swear to maintain the Protestant religion. Parliament in turn offered the throne to William (reigned 1689-1702) and Mary (reigned 1689-94) as joint monarchs.

They had to accept a Bill of Rights drawn up by a Convention of Parliament thereby restricting the Sovereign’s power and reaffirmed Parliament’s claim to control taxation and legislation. Hence, therefore, this Bill ensured Parliament could function free from royal interference forbidding all future sovereigns from suspending or dispensing with laws passed by Parliament in addition to maintaining a standing army in time of peace without Parliament’s consent. Moreover, the sovereign was also forbidden to impose taxes without Parliamentary consent. It was the lack of representation in Parliament by the American colonies which gave rise to the no taxation without representation slogan of the American Revolution.

One of the Dutch William’s main reasons for accepting the English throne was to reinforce the struggle against Louis XIV of France. William’s foreign policy was dominated by the priority to contain French expansionism. England and the Dutch joined the coalition against France during the Nine Years’ War, 1689-1697. Eventually, France was compelled to recognize William as King of England under the Treaty of Ryswick (1697),

The Bank of England was established in 1694 as the expertise from Amsterdam was imported to London. The Bank of England was used at first to raise money for the war by borrowing. It did not circumvent the King’s financial reliance on Parliament, as the national debt depended on parliamentary guarantees. Yet, William’s Dutch advisers were resented in London. In fact, in 1699 his Dutch Blue Guards were forced to leave the country.

The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. Gresham represented the English crown in Antwerp. Gresham convinced the Crown to open the Royal Exchange in London in 1565 using the Antwerp model. However, it was first known as “the Bourse” until Queen Elizabeth I, after a visit on January 23, 1570, changed its name to the Royal Exchange. It was opened by Elizabeth I of England in 1571. Gresham saw the need for a central place where foreign exchange dealers could meet and conduct business. He recognized the deplorable state of the money supply and that this now made foreign exchange dealers a necessity for trade. He constructed the London Exchange between 1566-1568. It finally received royal recognition and thus it became known as the Royal Exchange in 1571. Unfortunately, it was completely destroyed in the Great London Fire of 1666.

Actually, during the 17th century, stockbrokers were not allowed in the Royal Exchange because they were regarded as rude huxters. Stockbrokers were seen as a lower class compared to foreign exchange and debt. They were confined to off-exchange establishments such as Jonathan’s Coffee-House. Where Llyod’s Coffee House emerged as the place for insurance eventually becoming Lloyd’s of London, the stockbroker began in a coffee house administered by John Castaing who first began listing the prices of a few commodities, such as salt, coal, and paper in 1698. This eventually moved to Garraway’s Coffee House where public auctions began to emerge. They would last based on the length of a tallow candle that could burn. They became known as “by inch of candle” auctions. As the activity grew, the trade began to attract more companies forming which became an IPO market to raise capital.  These are the earliest evidence of organized trading in marketable securities in London which was the resurrection of stock trading from Ancient Rome.

The Royal Exchange established by Thomas Gresham was destroyed in the Great Fire of London which was a major event that swept through the central parts of London from Sunday, September 2nd to Thursday, September 6th, 1666. The fire actually destroyed the medieval City of London which was inside the old Roman city walls. Eventually, the Royal Exchange was rebuilt and re-established in 1669. It was at this time that the stockbrokers joined the Royal Exchange bringing an end to the coffee house period. However, the second Royal Exchange also burned down, on January 10th, 1838. It had been used by Lloyd’s insurance market, which was forced to move temporarily to South Sea House following the 1838 fire.

The current Royal Exchange building was constructed in 1840 and stands opposite the Bank of England. Gresham’s Royal Exchange surpassed Antwerp first because of the fire in 1583 which destroyed the Bourse. Yet it was immediately rebuilt to the same plan. Then came the Siege of Antwerp (1584-1585) and the surrender to the Spanish Army which killed the Dutch trade. Antwerp was simply unable to compete with Amsterdam and London.

What is most curious is that 2021 is precisely 314 years from the birth of Great Britain. The events from the year 1707 created on May 1st the Treaty of Union and its ratification by the 1707 Acts of Union. The fact that Amsterdam has retaken the lead in stock markets seems to be right on schedule.

Boris Johnson has destroyed the British economy and produced just about a 10% decline in GDP for 2020 – the worse collapse in 300 years! So here we have Amsterdam overtaking London in 2021 which is 314 years from the birth of Great Britain. It is amazing how rapidly Boris Johnson has wiped out the British economy.