International Tourism Collapses by 80%


Armstrong Economics Blog/Economics Re-Posted Oct 7, 2020 by Martin Armstrong

International tourism has plunged it looks like coming in at around 80% by the end of the year. The UN World Tourism Organisation says it will drop at least 60%. The result of this has contributed to what we see as unemployment over 300 million worldwide. This collapse in tourism is 100% post-April 2020. This is going to contribute greatly to rising civil unrest next year globally. The collapse in tourism has already put millions of workers out of work. Those economies that have a high reliance on tourism like Greece and Thailand will suffer a significant decline in their GDP. Thailand, for example, will see a fall beyond 90% for the year’s total numbers.

Just from tourism which composes of airlines, hotels, travel agents, and restaurants, we are estimating a loss on a global scale between 100 to 120 million tourism jobs at risk of being lost permanently. It has been international tourism that has been one of the main engines of the global economy which not only accounts for roughly 7% of all international trade, it has helped to create world peace by exposing people to all cultures. Global tourism has also contributed to the aviation industry, which has simultaneously dropped sharply thanks to this deliberate global lockdown. Tourism has been responsible for creating direct and indirect jobs, when looked at closely, actually has accounted for 1 out of 10 of ALL jobs worldwide.

After discussing with REAL SOURCES, the very proposal that lockdowns may be needed to save the planet since they have been able to reduce CO2 but cutting off international travel as well as commuting. This has been a deliberate effort to use this virus which has NOT been any more lethal than the flu and has impacted the elderly as is the case with the flu to shut down the world economy and destroy its underpinnings to open the door for this Great Reset being pushed by Klau Schwab and his World Economic Forum.

When we look at American Airlines, for example, the two most important turning points will be the 1st quarter of 2021 and 2022. We would need a Quarterly closing back abobve $35.50 just to raise any hope of normalcy. Nevertheless, as long as this low holds, we may be in for a fight against these people who are using the virus to lockdown the world economy to reduce CO2. Nevertheless, the number of Directional Changes appear to be confined to 2021 with volatility starting to rise going into 2022.

We most certainly live in interesting times.

Puerto Rico Governor Wanda Vazquez Endorses President Donald Trump – La Gobernadora de Puerto Rico, Wanda Vázquez, Respalda al Presidente Donald Trump…


Posted originally on The Conservative tree house on October 6, 2020 by sundance

The false accusations of racism and sexism against our president took a big hit today as the Governor of Puerto Rico, Wanda Vazquez, has endorsed President Trump for his 2020 re-election.

Governor Vazquez was going to surprise the media with a planned campaign event with President Trump in Central FL, which has a very high Puerto Rican population, last Friday. However, the event had to be canceled due to the president’s COVID-19 diagnosis. Governor Vazquez made the endorsement today via a television interview [SEE HERE].

While Puerto Rican nationals cannot participate in the U.S. presidential election, there are many U.S. citizens from Puerto Rico, especially in Florida.  In the aftermath of Hurricane Maria many residents of Puerto Rico moved to Florida due to the collapsed infrastructure during the emergency. This endorsement today reflects a strong showing of support for how President Trump has assisted the island.

In addition to the initial recovery funding, recently President Trump announced the largest ever FEMA grant to the island nation, almost $13 billion, in an effort to completely rebuild the roads, utilities and energy infrastructure. The administration’s approach is a smart investment in an island that has a unique set of resources for the pharmaceutical industry; including a previously trained workforce.  The announcement was typical President Trump with optimal and pragmatic policy solutions on display.

[…]  Puerto Rico serves as a strategic economic region to recapture the Pharmaceutical industry. Historically Puerto Rico was a hub for pharmaceutical manufacturing; however, due to poor and undependable infrastructure, an outcome of terrible management in government, combined with competitive incentives provided by alternative nations, most PR pharma operations moved to India and China.

With the Trump administration confronting Big Pharma on multiple fronts, including the need for a secure supply chain, a cost-effective approach is massive investment to repair and replace the island infrastructure. Today the White House announces the largest FEMA grant in history as an underpinning to this strategic objective. (continue reading)

The 2016 Soft Coup Unraveling


Armstrong Economics Blog/Corruption re-Posted Oct 6, 2020 by Martin Armstrong

The Coup Against Trump because he was anti-war and “not one of us” is unraveling deeper and deeper corruption which is leading right to Gina Haspel who is the Director of the Central Intelligence Agency (CIA). They have contrived fake news and used it to go after everyone around Trump to disrupt his administration. Flynn is just the tip of the iceberg. The FBI is prohibited to penetrate and subvert any presidential campaign. Executive Order 12333, Section 2.9, “Undisclosed Participation in Organizations in the United States.” This expressly prohibits in very plain language any sort of intervention that arose from the U.S. Army Counterintelligence penetrating Students for a Democratic Society (SDS) to aid the FBI during the 1960s. Because of this prohibition, they viewed this as only prohibiting domestic intervention. That legal prohibition is why the FBI felt the need to manufacture a “foreign counterintelligence threat” in the UK and then “import” the investigation back into the United States.

However, this goes even further. Since the Steele dossier was paid for by Hillary, and the entire approval of investigating the Trump campaign in 2016 came implicitly from Obama and Biden, the corruption involving the infiltration of the 2016 Presidential Campaign was in itself a Soft Coup. Gina Haspel was the head of the London office of the CIA where everything was organized. The FBI needed to fabricate a foreign counterintelligence “event” in order to pretend this operation was legal. It is now Haspel who is refusing to declassify RussiaGate papers because it was her branch in the UK that was operationally the “friendliest” office to pull off this entire coup. Haspel was deeply involved which runs the risk of this even rising to the level of treason.

Sen. John McCain’s role in this coup explains a lot as to why he said he did not want Trump to speak at his funeral. It was McCain who handed the Steele dossier to Comey involving President Donald Trump. This was revealed in recently unsealed court filings. McCain previously had acknowledged getting a copy of the dossier, which was a compilation of memos written by former British spy Christopher Steele for he was friends with Hillary, and delivering it to then-FBI Director James Comey. McCain provided the cover for he was a Republican handing it to Comey rather than Hillary who paid for it. Moreover, it was also John McCain who was the sponsor of the Magnitsky Act which was a cover-up because of the Clinton’s approval of the bankers trying to take over Russia. (The film Magnitsky has been banned and removed from YouTube most likely at the demands of Bill Browder which only raises the probability that it was true)

However, the explosive dossier contained false accusations claiming the Russians had compromising information on Trump, which Comey is still trying to use publicly advising people to vote for Biden. This entire mess revolves around the US/NY bankers attempt to interfere in the 2000 Russian elections which forced Yeltsin to step down and brought Putin to power.

It was David Kramer who is involved with the McCain Institute for International Leadership which should be renamed the Institute for Soft Coups. Kramer was deposed in December 2017 as part of a legal battle waged by a Russian businessman Aleksej Gubarev over BuzzFeed’s publication of the dossier. The judge for the U.S. District Court for the Southern District of Florida unsealed the records adding even more interesting aspects to this Soft Coup.

Kramer Deposition

This election stands for a lot more than just who will be president. If President Trump is reelected, this might very well begin to DRAIN THE SWAMP. A victory for Biden would guarantee we will never hear another word about this Soft Coup. There is a lot at stake in this election that is so far beyond just the personality of the president. Trump needs to be very careful. These people will not think twice about eliminating him but probably by poison – they certainly do not what his picture on any money in the future.

Importance of Police/Army in a Revolution


Armstrong Economics Blog/Economics Re-Posted Oct 6, 2020 by Martin Armstrong

I have often explained that revolutions will be bloody if the army supports the government. Gaius Caesar Germanicus, we commonly refer to him by his childhood nickname Caligula (37-41AD), was the third emperor of Rome. While there are so many stories about him from his sex orgies to making his horse a senator, most of this was all FAKE NEWS generated by those who wanted to overthrow him and re-establish the Republic.

This Æ Sestertius struck at the Rome mint showing the legend ADLOCVT COH on the reverse, pictures Gaius standing left on daïs, extending a right hand in a gesture to address the Praetorian Guard.  COH in exergue means cohorts while ADLOCVT is his speech or allocation to the troops. He is acknowledging that he holds power over Rome only because of the support of the troops.

Caligula was murdered at the Palatine Games by Cassius Chaerea, a tribune of the Praetorian guard, Cornelius Sabinus, and others. Caligula’s wife Caesonia and his daughter were also put to death.  The murder of his wife and daughter demonstrated that this was an attempt to re-establish the Republic.

However, Chaerea did not control the loyalty of the majority of the Praetorians. Without an emperor, there was no need for the  Praetorians. As a result, they searched the palace to find Caligula’s uncle Claudius who was said to have stammered. They quickly proclaimed Claudius, as emperor and they seized Chaerea who was then sentenced to death. Chaerea requested to be executed with his personal sword, and this said to have been granted. Here is a gold aureus of Claudius picturing the Praetorian Camp also acknowledging that his power was because of the Praetorian Guard.

Here we have a valuable lesson from history. The government survives if the army/police are loyal to the state for, without the state, they become unemployed. Hence, many will fight for their personal privileges. Human nature never changes no matter how many hundreds of years may pass.

IN HONOR OF PRESIDENT DONALD J. TRUMP


The Weight Of The World on Trump


President Trump has the weight of the world on his shoulders. In addition to world events, he’s been trying to make America great again despite COVID-19 and an ongoing coup by the Deep State. Plus he’s entering the home stretch of his reelection campaign. Now he must deal with the virus personally. Lesser men could not handle far less than this but Trump, like Atlas, will persevere. 

We at GrrrGraphics wish him and Melania a speedy recovery.

–Ben and Tina Garrison

Gates – Schwab – Gore – Refuse to Admit They Have Been Wrong


Re-Posted Oct 4, 2020 by Martin Armstrong

Schools-Equality-Oppression


Schools – Equality – Oppression

Re-Posted Oct 2, 2020 by Martin Armstrong

COMMENT: Hi Martin,
I wanted to comment about the blog posting ‘Fauci Belongs in Prison’. Having three children on remote learning by choice because we refuse to subject them to the draconian lockdowns at the school and mandatory mask requirements. Correct me if I am wrong, but didn’t Hitler say something like, “Forget about the adults, we want the children”, and those children turned out to be the killers in WWII.

Unfortunately, we have been able to witness the school’s systems brainwashing propaganda machine in action with our children. In the first week of school our son in middle school was tasked to watching videos with Fauci and Gates about masks, vaccinations, social distancing, etc. The same brainwashing machine was at work with our elementary school students, but it was being directed from the teachers. It is frightening to watch this in action!

My son loves to challenge the teachers with questions, with the information he also reads with me on your blog.
Keep up the awesome work, you are also getting the truth to our kids!
All the best,
KC

REPLY: Schools are teaching their particular political beliefs which is wrong. It is no different than teaching religion in school and saying all others are wrong. Regardless if this is right or left, there should be neutrality and children should not be indoctrinated in such a manner. They never teach the fundamental difference between leftist economics and right. Take Thomas Piketty. The left always insists that to achieve their goals, all opposition must be suppressed. To achieve his equality, others who enjoy working and achievement must be robbed of the fruits of their labor to redistribute to others who hate to work or lack the same talents.

Just because Tennis star Roger Federer is at the top of Forbes’ annual rankings of the World’s 100 Highest-Paid Athletes” earning $106.3 million, under Piketty, that is unfair and is the problem creating inequality because the rest of us cannot earn even $1 million to play Tennis.

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.” 

My family has been here since before the Revolution and fought for freedom from England. My cousin still has the musket he used in the Revolution. Everything that is being taught about equality is simply Marxism. We are all equal in rights, not in talents. Nobody would pay me even $100,000 to play a game of Tennis. That does not mean Roger Federer has oppressed me despite the fact we have never met. The Declaration of Independence is what was supposed to govern our society – not lockdowns and oppressions.

The Propaganda Game & Nothing But Blue Skies


COMMENT: I don’t know if anyone has informed you of this, but the UK government is heavily advertising their new Track and Trace app on all platforms. I’ve seen it on Youtube, Reddit, Facebook, Instagram, Google Ads and not to mention billboards on every street corner and bus stop. I’ve worked at an online marketing agency and I know the costs of these types of campaigns. The number of impressions and clicks must cost them a fortune. The ads are of the most persistent and visible kind, which are of course the most expensive ones.

Unless these big tech companies are giving them huge discounts, the costs don’t add up to the problem. If there’s a vaccine coming in a couple of months, this app shouldn’t have to be necessary after that anymore. So why use so much money in advertising an app that will be completely useless and mass-deleted in just a couple of months?

I have proof of this in the form of screenshots but unfortunately, I can’t seem to attach them in this contact form, but you could ask anyone who is in the UK right now and they could confirm it.

Londoner

REPLY: Thank you for your input from your unique perspective. There is clearly an agenda here and they are indeed discussing in London using LOCKDOWNS to prevent climate change. Klaus Schwab has sold this idea that the economy can be restructured in less than a year and he is also in partners with Thomas Piketty, the French Communist economist who wants to confiscate all wealth from anyone who has more than him and redistribute it for he claims the problem with the economy is equality. These people do not believe in freedom, democracy, or human rights. They think we are the Great Unwashed — too stupid to know what is best so they have to force their ideas for our own good. What they paint in their academic world where experience is looked down upon as doing your own dishes (that’s what maids are for) is nothing but blue skies hidden behind their curtain. To accomplish their dreams, they must impose AUTHORITARIAN TYRANNY for our own good, of course.

Trump Approves Railroad to Help Alberta


COMMENT:  Trump to approve $22B railway between Alaska and Alberta
Is Trump aiding Alberta’s separation? This is a very big deal for our landlocked oil market!

AG

REPLY: Yes. Trump stands against the Globalists who are seeking power via the United Nations and to end all fossil fuels. His two speeches at Davos and the United Nations threw down the gauntlet against the entire Gates-Soros-Schwab-Gore alliance. This is why this election is so heated, for they are desperate to remove him for their climate change agenda which will put Alberta out of business.