Tag Archives: Inflation

Oct 12 2022

America Quietly Prepares for Nuclear War


Armstrong Economics Blog/War Re-Posted Oct 12, 2022 by Martin Armstrong

I mentioned in a prior post that the US was purchasing anti-radiation medication. The media is urging the public not to fear as this is simply a precaution. Yet, the US would not have shelled out $290 million on a drug if the intelligence agencies did not fear the potential of a nuclear attack.

The US Department of Health and Human Services downplayed the severity and said that this is part of its “long-standing, ongoing efforts by the Administration for Strategic Preparedness and Response to better prepare the U.S. for the potential health impacts of a wide range of threats to national security.” Of course, Joe Biden fanned the flames of panic by stating there was a risk for a “nuclear Armageddon” not seen in 60 years. “We have not faced the prospect of Armageddon since Kennedy and the Cuban Missile Crisis,” Biden said. Obviously, no nuclear weapons were used then, and America is the only nation to have used one during war. However, the US is certainly taking the threat of nuclear war with Russia seriously.

The government is purchasing a drug called Nplate that was approved by the FDA in 2021 to treat radiation syndrome. “Nplate is indicated to increase survival in adults and in pediatric patients (including term neonates) acutely exposed to myelosuppressive doses of radiation,” the company notes. Although not a worthy source, the Centers for Disease Control and Prevention (CDC) said that Acute Radiation Syndrome (ARS) occurs in four stages.

The four stages of ARS are:

  • Prodromal stage (N-V-D stage): The classic symptoms for this stage are nausea, vomiting, as well as anorexia and possibly diarrhea (depending on dose), which occur from minutes to days following exposure. The symptoms may last (episodically) for minutes up to several days.
  • Latent stage: In this stage, the patient looks and feels generally healthy for a few hours or even up to a few weeks.
  • Manifest illness stage: In this stage the symptoms depend on the specific syndrome and last from hours up to several months.
  • Recovery or death: Most patients who do not recover will die within several months of exposure. The recovery process lasts from several weeks up to two years.

It is peculiar that the drug was approved for radiation a year prior to the war breaking out in Ukraine. The drug has never been tested on humans, and the results are not guaranteed. They certainly were not testing monkeys with a radiation dosage even close to that of a nuclear weapon. Of course, this was another NIAID-funded research project. They were testing mRNA drugs and COVID vaccines before the pandemic began too.

“In the study, 80 monkeys exposed to a life-threatening dose of radiation were randomly assigned to receive a single injection of either romiplostim or placebo one day after radiation exposure. All animals were given standard supportive care, including fluids, anti-ulcer medication, anti-nausea medication, pain medication, and antibiotics. After 60 days, 29 of 40 monkeys in the romiplostim group had survived compared to 13 of 40 in the placebo group.”

How could they top the fear-mongering of COVID-19? Nuclear war. Stay inside because of radiation and take your shots to survive. The nuclear Armageddon could occur at any moment! After 2020, anything is possible.

Oct 12 2022

Liz Truss’ Approval Plummets


Armstrong Economics Blog/Politics Re-Posted Oct 12, 2022 by Martin Armstrong

Truss inherited a beaten-down United Kingdom. The Bank of England declared that a recession was inevitable, sterling continues to fall, pension funds are evaporating, and the death of the queen caused an overall feeling of pessimism. Recent polls show that Truss is actually less popular than her predecessor Boris Johnson, even when Johnson was under fire for partying amid COVID lockdowns. Liz Truss currently has an approval rating of -47.

Theresa May had a score of around -46 before she resigned. Based on an Opinium poll of around 2,000 people, 53% would like Truss to resign. Even around 25% of Tory voters want her out of office only a month into the job. Even voters divided over the Brexit ruling disapprove of her with 61% of Leave voters noting disapproval, as well as 61% in the Remain camp.

“I am prepared to be unpopular,” Truss said shortly after taking office. Her proposed tax cuts for the wealthy and removal of caps on bankers’ bonuses caused the average citizen to feel as if she did not represent them. The International Monetary Fund said her plans would “increase inequality,” only adding to her criticism. She is under pressure to increase welfare payments and social programs.

Truss simply inherited a massive problem. Her government is also blamed for the rising mortgage crisis. The Bank of England is set to meet again on November 3, but many believe they may reveal their policy beforehand. They want to avoid the downturn that occurred after the mini-budget was released at the end of September. In the end – it is politics. Truss needs to appeal to the people before the Conservatives find a replacement scapegoat.

Oct 12 2022

Tulsi Gabbard is Right – The Democratic Party is a Cabal of Warmongers


Armstrong Economics Blog/Politics Re-Posted Oct 11, 2022 by Martin Armstrong

Tulsi Gabbard, former representative for Hawaii’s second district, announced that she is fleeing the Democratic Party in a video that has made waves across the internet. The Democratic Party has radically transformed to “a cabal of warmongers driven by cowardly wokeness,” Gabbard said. The party has altered its views to such a far-left point that their ideals are no longer based in democracy.

“I can no longer remain in today’s Democratic Party that is now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism, actively work to undermine our God-given freedoms enshrined in our Constitution, are hostile to people of faith and spirituality, demonize the police and protect criminals at the expense of law-abiding Americans, believe in open borders, weaponize the national security state to go after political opponents, and above all, are dragging us ever closer to nuclear war.”

The Democratic Party has indeed undermined the entire Constitution with an aim to remove all our freedoms under the guise of “equality,” while the powerful elites who run the nation prosper and are immune from their own laws. The “cowardly wokeness” has certainly racialized every issue in an attempt to DIVIDE us. The Treasury just created a racial equality board, banks have said they would begin issuing special mortgages for people of color, and even Kamala Harris said that whites would be the last to receive aid after Hurricane Ian. The true enemy is not your neighbor but the state.

We are no longer energy independent due to woke climate change policies. There would not be an energy crisis in America had Biden not taken office—illegally. Countless government funds are placed into “climate initiatives” that never see the light of day.

Similar to dictatorships that have abandoned faith, Americans are demonized for their spirituality. They closed our churches during COVID in an attempt to separate the people. The fake Catholic president supports abortion, as does the fake Catholic House Speaker Nancy Pelosi. Christians are portrayed in the media as closed-minded and ignorant.

The borders are open with more illegals coming in than ever before at the expense of the taxpayer. They are deliberately allowing the borders to remain open as nothing has been done to curb the influx. Criminals are indeed protected above law-abiding citizens. This is why they want to remove the Second Amendment and confiscate our guns, one prohibition at a time. Democratic cities are overrun with homelessness, crime, pollution, and drugs. We have an opiate epidemic that is killing off millions. The police are unable to prevent crimes because Democrats have passed laws prohibiting them from arresting criminals, as law-abiding citizens suffer the consequences.

As a former Army Reserve officer who was deployed in Iraq from 2004 to 2005, and served in Kuwait as an Army Military Police platoon leader from 2008 to 2009, Gabbard has seen the aftermath of warfare firsthand. America has no concern for its own borders, but is willing to risk the lives of millions to protect Ukraine’s border. We now face the prospect of nuclear war due to incompetent politicians who have made massive decisions without the vote of the people. Everyone swore Trump would start World War III, but he actually kept America out of international conflicts. Obama attempted to bring America into the war in Syria, and now his minion Joe is upping the ante.

Gabbard continued:

“I believe in a government that is of the people, by the people, and for the people. Unfortunately, today’s Democratic Party does not. Instead, it stands for a government of, by, and for the powerful elite.

I’m calling on my fellow common sense independent minded Democrats to join me in leaving the Democratic Party. If you can no longer stomach the direction that so-called woke Democratic Party ideologues are taking our country, I invite you to join me.”

Look at what has become of our beautiful nation in less than two years. Biden was handed one of the strongest economies in American history and has since erased all progress. The outlook for America looks bleak. Can anyone honestly say that they are better off under Biden? The two-party system cannot work when each spectrum is pushed further to an extreme. It is time for reform.

Oct 12 2022

Tulsi Gabbard


Armstrong Economics Blog/Politics Re-Posted Oct 11, 2022 by Martin Armstrong

Tulsi Gabbard, former Democratic candidate for President, is asking fellow Democrats to leave the Party. This is going viral worldwide.

Oct 11 2022

Why I’m leaving the Democratic Party.


The Tulsi Gabbard Show Published originally on Rumble on October 11, 2022

I can no longer remain in today’s Democratic Party that is now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism, actively work to undermine our God-given freedoms enshrined in our Constitution, are hostile to people of faith and spirituality, demonize the police and protect criminals at the expense of law-abiding Americans, believe in open borders, weaponize the national security state to go after political opponents, and above all, are dragging us ever closer to nuclear war.

I believe in a government that is of the people, by the people, and for the people. Unfortunately, today’s Democratic Party does not. Instead, it stands for a government of, by, and for the powerful elite.

I’m calling on my fellow common sense independent minded Democrats to join me in leaving the Democratic Party. If you can no longer stomach the direction that so-called woke Democratic Party ideologues are taking our country, I invite you to join me.

Click the link to listen to my full statement on why I’m leaving the Democratic Party:
https://podcasts.apple.com/us/podcast/this-is-tulsi-gabbard/id1549623127?i=1000582273025

Oct 11 2022

The Bank of Canada Should Admit QE FAILED


Armstrong Economics Blog/Canada Re-Posted Oct 11, 2022 by Martin Armstrong

In 2020, Pierre Poilievre, chief Conservative spokesman on finance issues, said Canada’s central bank “should not be an ATM for Trudeau’s insatiable spending appetites.” Conservatives cooperated with the Liberals when it came to COVID-19 emergency spending. Everyone was in on that power grab. Now the nation is in worse shape, further in debt, and inflation is soaring.

Yet, Trudeau continues to spend recklessly without hesitation. The Bank of Canada (BoC) should remain neutral on political issues. Similar to the Federal Reserve, the BoC is the largest buyer of domestic debt. In response to criticism, the bank launched a social media campaign to deflect blame. “#YouAskedUs if we printed cash to finance the federal gov’t. We didn’t,” the Bank of Canada tweeted on August 25. Due to the pandemic, the central bank “took various measures, like buying bonds, to support and ensure a strong and stable #economy,” the bank tweeted. “We bought existing gov’t bonds from banks on the open market. Why? This helped unblock frozen markets at the start of the #pandemic. It let households, companies and governments access funding when they really needed it.”

This is the problem with those who believe they can manipulate the economy. Governments completely shut down the world for over a year and then claimed that they needed to spend as much as possible to save us from the crisis they created. “We did not use cash to pay for the bonds. We bought the bonds with settlement balances — a kind of central bank reserve — not with bank notes,” the bank continued to Tweet back in August. Basically, the strategy all along was Quantitative Easing. It failed.

They artificially lowered rates for too long and purchased government debt with no method for repayment. Their stupid idea of Quantitative Easing and lowering rates were under their theory that people would borrow if it were cheap enough. The central banks fail to understand that people will absolutely not borrow at any rate if there is no confidence. It has become conventional wisdom that when all else fails to make economies grow, create new money and buy government bonds. Of course, the “all else” never includes deregulation and lowering taxes.

Now Governor Tiff Macklem is posting videos on Twitter to explain why the bank raised rates by 300 bps in the past six months. Yes, “inflation is too high,” as Macklem pointed out, but he’s acting a bit too late. “It is by raising interest rates that we’re going to slow spending in the economy, give the economy time to catch up and take the steam out of inflation,” Macklem said in the video. “That’s gonna [sic] get inflation back down.” WHAT ABOUT GOVERNMENT SPENDING? Monetary policy does not align with the bank’s goals, as Trudeau’s continued spending will prolong inflation.

Oct 11 2022

Crimea was a Neo-Nazi Terrorist Attack


Armstrong Economics Blog/Ukraine Re-Posted Oct 10, 2022 by Martin Armstrong

My sources in Crimea have confirmed that this was a Ukrainian Neo-Nazi terrorist attack. The driver of this 18-wheeler died. He picked up a load of fertilizer and was not part of the plot. They were watching and blew up the truck remotely killing the driver and the car next to it and blowing up the bridge. Ukraine itself has not taken credit for it. This was a coordinated attack by the Neo-Nazis. I cannot express how much hatred these people have stored up inside. They waited to detonate the truck when it was under a train of tankers filled with fuel.

Oct 11 2022

The Madman of Ukraine in High Heels


Armstrong Economics Blog/Ukraine Re-Posted Oct 10, 2022 by Martin Armstrong

COMMENT: Hi Martin
It is obvious that Zelensky does not have a brain and is being controlled by outside forces. Is it Schwab or is he just a front also? You probably know more than what is going on than anyone else including intelligence.
Thank you
All the best
MW

REPLY: I cannot say everything without compromising some sources. These people have played a dangerous game. Putin never intended to wage war on Ukraine. He was there to do what he said, protect the Russian population in the Donbas and Crimea, which have NEVER been occupied by Ukrainians. Zelensky should go back to dancing in high heels and leave the real world to serious people.

This launching of 83 missiles is the biggest attack on Kyiv since the war began. That in itself proves he was never trying to conquer Ukraine. This propaganda is all strategically being put out to create war. Europe needs this because it can no longer fund itself on the same basis of endless borrowing with no intention of ever repaying the debt. The failure to have consolidated the debt from the outset is tearing Europe apart. These people think (1) they can defeat Russia and chalk one up for climate change since 50% of Russia’s GDP is energy, and (2) a war will allow them all to default and create another Bretton Woods while reducing the population. These are real objectives.

Putin never struck Kyiv because that was the home of the Russ, where the Russians began. Only the destruction of Kyiv in 1240AD by the Mongold resulted in them settling in Moscow. Kyiv to Putin was more or less like London has been to the United States. This attack on Kyiv is what I have been warning about. Putin has been criticized by the hardliners for being too soft on Ukraine. They are not as nostalgic about Kyiv as Putin has been.

The West is pushing Russia and they will get what they want – war. This is just insane. The Ukrainian people need to overthrow Zelensky – NOW! He is not putting their best interests first. It has been confirmed he has already stashed more than $100 million offset and he will fly away on a private jet leaving the death and destruction behind. Maybe then he will change his shirt.

In the meantime, Russia can take down the power grid of Europe with a handful of missiles. Without alternatives, Europe’s current energy shortfall will worsen this winter. If Russia attacks the satellites, without GPS, most people will be lost today. Things can get really messed up without nuclear war.

Oct 11 2022

Biden Announces U.S. Air Defense System for Ukraine Following Retaliatory Russian Missile Attacks


Posted originally on the conservative tree house on October 10, 2022 | Sundance

In a statement today from the White House, Joe Biden has pledged “to continue providing Ukraine with the support needed to defend itself, including advanced air defense systems.” [link]  The statement comes as a result of a phone call between Biden and Ukraine President Volodymyr Zelenskyy.

Two days ago, a bridge between Russia and Crimea was bombed by Ukraine causing a section of the bridge to collapse.  Yesterday, Vladimir Putin retaliated with missile strikes against several cities in Ukraine and key infrastructure for energy.

The U.S. State Dept and CIA are continuing to lead and coordinate the Ukraine war effort with U.S. personnel in place to organize operations. [link]

Like the bombing of the Nordstream pipeline, it is highly likely the Kerch Strait bridge targeting was planned by Ukraine and the United States.  However, we are not permitted to speak about these coordinated efforts. The bottom line is the U.S. Biden administration going further toward direct engagement with Russia via the proxy state of Ukraine.

KYIV, Ukraine — President Vladimir V. Putin unleashed a far-reaching series of missile strikes against cities across Ukraine on Monday, hitting the heart of Kyiv and other areas far from the front line, in the broadest assault against civilians since the early days of Russia’s invasion.

Mr. Putin said the strikes on almost a dozen cities were retaliation for a blast that destroyed sections of a bridge linking Russia to the Crimean Peninsula, though they also seemed intended to appease hard-liners in Russia who had been openly critical over the prosecution of the war.

Denouncing the bombing of the Kremlin-built bridge, an embarrassing blow, as a “terrorist attack,” Mr. Putin threatened more strikes if Ukraine hit Russian targets again.

“No one should have any doubt about it,” he said. (read more)

BIG PICTURE – The baseline for the global aspect to the Ukraine conflict remains rooted in the economic cleaving underway.  Saudi Arabia has expressed their alignment with OPEC+, including Russia, on a coordinated oil supply.  The NATO alliance broadly wants to pressure their partners away from oil, coal and natural gas.   Thus, today in addition to the phone call with Zelenskyy, Joe Biden called German Chancellor Olaf Scholz:

“President Joseph R. Biden, Jr. spoke today with Chancellor Olaf Scholz of Germany.  The leaders reiterated their condemnation of Russia’s attempted annexation of Ukrainian territory, as well as their ongoing commitment to hold Russia accountable for its brutal actions and provide security and economic assistance to Ukraine. The leaders also discussed recent developments in global energy markets and the importance of securing sustainable and affordable energy supplies.” (link)

The western ideologues, politicians, corporations and banks (yellow on map) are trying to force a new global energy system.  However, there is opposition from multiple nations (grey on map) who see the effort to shift away from oil, coal and natural gas as economic suicide.

We are now starting to see currencies like Brazil and Mexico having greater stability and growth than the value in U.S. dollars.  That said, in the long term the economics of this conflict will ultimately decide the outcome.

The citizens within the western alliance nations are suffering the consequences of the global economic cleaving.  Energy driven inflation, a purposefully created problem, is creating a recession amid the western alliance nations.  The monetary policy of U.S., EU, CA, NZ and AU is currently constructed to lower economic activity to support the reduced amount of energy resources available.

Specifically, because the Ukraine conflict is being used as a justification for political economic and monetary policy, there appears to be no limit in what the U.S. will do to widen the ideological war against Russia.  Unfortunately, the era of great pretending forbids anyone from talking openly about the true root of the issue.

It seems clear now that NATO, led by the USA, is willing to escalate a European war if that’s what it takes to protect the climate change goals.

Without Russia as the bad guy, the Build Back Better agenda becomes naked to the world.  The Ukraine conflict provides a visible shield to prevent any larger discussion.  Reference the attempt by Elon Musk to mitigate the Ukraine conflict by talking about a peace deal with Russia keeping the Russian speaking eastern Ukraine.  In the week since that proposal became international fodder for ridicule, the conflict in Ukraine has intensified.  This is not coincidental.

We are pretending our way into a war.

Oct 11 2022

Voter Registration Deadlines Loom, Don’t Miss Out


Posted originally on the conservative tree house on October 10, 2022 | Sundance 

Voter registration deadlines are rapidly approaching in order to vote in the 2022 mid-term election.  [Hat Tip The Hill] Here are the deadlines to register to vote in each state. All mail-in registration forms must be postmarked by the listed deadline, unless otherwise noted:

Arizona

The deadline to register online, by mail or in person is Oct. 11. Check your voter registration status or register to vote at my.arizona.vote.

Arkansas

The deadline to register by mail or in person is Oct. 11. Arkansas does not offer online voter registration. You will be officially registered to vote when you receive acknowledgement of your registration from the county clerk’s office.

California

The deadline to register online or by mail is Oct. 24.

If the registration deadline has passed, voters may visit their county elections office, a vote center or a satellite office designated by their county elections official during the 14 days prior to and including Election Day to conditionally register to vote and vote a provisional ballot via Same Day Voter Registration.

Colorado

The deadline for Colorado residents to register to receive their ballot by mail is Nov. 1. Residents can register to vote online or in person anytime on or before Election Day.

Connecticut

The deadline to register online is Nov. 1. Residents can register in person anytime up to and including Election Day, Nov. 8.

Delaware

The deadline for the Department of Elections Offices to mail vote by mail ballots is Nov. 1. You can register to vote online or in person before or during Election Day, Nov. 8.

District of Columbia

The deadline to register online is Oct. 18. Mail-in registrations must be received by Oct. 18. Residents can also register in person anytime through Election Day.

Florida

The deadline to register online, by mail or in person is Oct. 11.

Georgia

The deadline to register online, by mail or in person is Oct. 11.

Hawaii

The deadline to register by mail is Oct. 31. Residents can also register online or in person anytime through Election Day. Same day voter registration is available beginning 10 days prior and through election day.

Idaho

The deadline to register online or by mail is Oct 14. Residents can register in person anytime through Election Day.

Illinois

The deadline to register online is Oct. 23. Residents can also register by mail before Oct. 11, or in person anytime through Election Day.

Indiana

The deadline to register online, by mail or in person is Oct. 11.

Iowa

The deadline to register online or by mail is Oct. 24. Residents can also register in person anytime up to and including Election Day.

Kansas

The deadline to register online, by mail or in person is Oct. 18.

Kentucky

The deadline to register online, by mail or in person is Oct. 11.

Louisiana

The deadline to register in person or by mail is Oct. 11. Online registration is available through Oct. 18.

Maine

The deadline to register by mail is Oct. 18. Residents can register in person through Election Day. Maine does not offer online registration.

Maryland

The deadline to register by mail or online is Oct. 18. Residents can register in person through Election Day.

Massachusetts

The deadline to register online, by mail or in person is Oct. 29.

Michigan

The deadline to register by mail or online is Oct. 24. Residents can register in person through Election Day on Nov. 8.

Minnesota

The deadline to register by mail or online is Oct. 18. Residents can register in person through Nov. 8.

Mississippi

The deadline to register by mail and in person is Oct 10. Mississippi does not offer online registration.

Missouri

The deadline to register by mail, in person or online is Oct. 12.

Montana

The deadline to register by mail is Oct. 21. Residents can register in person by Oct. 28. Online registration is not offered in Montana.

Nebraska

The deadline to register by mail or online is Oct. 16, with an Oct. 23 deadline for in person registration.

Nevada

The deadline to register by mail is Oct. 11. Residents can register in person or online through Nov. 8.

New Hampshire

Residents can register by mail, in person or online through Election Day.

New Jersey

The deadline to register by mail, online or in person to vote is Oct. 18.

New Mexico

The deadline to register by mail or online is Oct. 11. Mail-in ballots must be postmarked by that date. Residents can register in person through Election Day.

New York

The deadline to register to vote by mail, in person or online is Oct. 14, and mail-in ballots should be postmarked on Oct. 14.

North Carolina

The deadline to register to vote by mail, in person or online is Oct. 14. After that, only same-day registration during one-stop early voting is available. The early voting period for the 2022 general election begins Thursday, Oct. 20, and ends at 3 p.m. on Saturday, Nov. 5.

North Dakota

Eligible residents are automatically registered to vote.

Ohio

The deadline to register by mail, in person or online is Oct. 11.

Oklahoma

The deadline to register by mail, online or in person is Oct. 14.

Oregon

The deadline to register online, by mail or in person is Oct. 18.

Pennsylvania

The deadline to register by mail, in person or online is Oct. 24.

Rhode Island

The deadline to register by mail, in person or online is Oct. 9.

South Carolina

The deadline to register in person is by 5 p.m. on Oct. 7, online by Oct. 9 or by mail on Oct. 11.

 South Dakota

The deadline to register in person, and mail is Oct. 24, and mail-in registrations must be received by that date. There is no option to register online.

Tennessee

The deadline to register by mail, in person or online is Oct. 11.

Texas

The deadline to register by mail or in person is Oct. 11. Texas does not offer online voter registration.

Utah

The deadline to register online or by mail is Oct. 28, and mail-in registrations must be received by that date. Residents can register in person through Election Day, though they will need to present two forms of identification at the voting location to register

Vermont

Residents can register by mail or in person through Nov. 8, though voters need to register online to complete the process by Nov. 4 to ensure their name appears on the checklist on Election Day.

Virginia

The deadline to register by mail or online is Oct. 17. Voters may register in person through Election Day, and vote using a provisional ballot.

Washington

The deadline to register online or by mail is Oct. 31, and mail registrations must be received by that date. Residents can register in person through Election Day.

West Virginia

The deadline to register by mail, in person or online is Oct. 18.

Wisconsin

The deadline to register online or by mail is Oct. 19. Residents can register in person through Election Day.

Wyoming

The deadline to register by mail is Oct. 24. Residents can register in person through Nov. 8. Online registration is not available.