Tag Archives: Keynesian Economics

Jun 6 2023

Eugenics in Europe – Women with Disabilities Forcibly Sterilized


Armstrong Economics Blog/Ethics Re-Posted Jun 6, 2023 by Martin Armstrong

The year is 2023 — our top leaders cannot define the term “woman,” so why should they be protected? We know about the ongoing eugenics program in Canada under the expansion of MAID, but no one discusses the forced sterilization of girls and women across the European Union. Yes, the European Union. People are in an uproar over abortion and how other countries treat women, but the West is a top human rights offender.

Women with disabilities may be forcibly sterilized across the European Union. Sweden, Ireland, Belgium, France, Germany, Italy, Slovenia, and Poland are the only countries that have criminalized the practice, with Spain also banning the practice in 2020. Portugal, Hungary, and the Czech Republic permit parents to sterilize their daughters without consent. “It is a very cruel form of domination, both of sexuality and reproduction,” María Eugenia Rodríguez Palop, Member of the European Parliament, told Euronews. The European Parliament will discuss the topic in July. Should women with disabilities be prohibited from procreating?

The countries that enforce these eugenics programs do not currently keep official data. It is a dirty stain that they do not want others to see. The EU points to other countries for their human rights abuses but turns a blind eye to the treatment of their own women.

This is clearly a eugenics program and an unethical form of population control. Hitler grouped people with disabilities into a class called “useless eaters” as they could not contribute to the economy. The European Union is also closely linked to the World Economic Forum. Yuval Noah Harari, a self-described historian and one of Schwab’s loudest mouthpieces, believes that we will see the rise of the “useless class.” There will be “a new massive useless class that has no military or economic usefulness, and therefore no political power,” he stated. This is another push toward the World Economic Forum’s goal of government control – you need us but we don’t need you.

Where is the international outcry for these girls and women forcibly undergoing sterilization in the West? Be on high alert when a global agency begins referring to portions of the population as “useless.”

Jun 6 2023

Overnight, the Western Press Radically Rewrote the Truth About Ukraine to Serve Biden’s Endless War Policies | SYSTEM UPDATE #92


Glenn Greenwald Posted originally on Rumble Jun 5, 7:04 pm EDT

Jun 5 2023

Sunday Talks, Kevin McCarthy Defends His Budget Ceiling Bill – Focused Heavily on a Return to Regular Budgetary Order


Posted originally on June 4, 2023 | Sundance 

House Speaker Kevin McCarthy appears with Maria Bartiromo to address criticism about details within his debt ceiling bill.  The criticism is very valid, and is being made by many people who are unhappy with the deal to raise the debt ceiling.  However, the primary defense point of McCarthy surrounds a return to regular budgetary order.

As noted by McCarthy, the 12 house appropriations bill that form the traditional federal budget, are due in Aug/Sept for fiscal year 2025 which begins October 1st.  That is where substantive spending will be reduced, well below current spending levels.  However, Bartiromo confronts that outlook by asking ‘what if’ the Senate doesn’t take up the federal budget bill, preferring instead to use the funding mechanism provided within the debt ceiling bill.  {Direct Rumble Link}

The budget debate may sound somewhat parliamentarian, because the nuance of federal budgets is exactly that.  The mechanism to force congress to create a regular order budget is the debt ceiling. Essentially the national credit limit. If you take away the mechanism to force the budget, there is no force mechanism to require the budget.  WATCH:

Speaker McCarthy gets offensive when Maria ask him about what’s in the debt ceiling bill.

The amount of debt carried in your own household budget is only a problem if you have a limit on your credit. If you have unlimited credit, meaning you can borrow endless amounts of money, then you can spend as much as you want. This willy-nilly raising of the national debt ceiling is the issue at the core of why federal budgets are not passed.

Jun 4 2023

Can Trump End the Ukraine War in 24 hrs?


Armstrong Economics Blog/Ukraine Re-Posted Jun 4, 2023 by Martin Armstrong

This war could be ended in 24 hours.

(1) stop all money going to Ukraine,

(2) threaten to freeze all their assets,

(3) threaten to remove Ukraine from SWIFT,

(4) Order Ukraine to honor the Minsk Agreement.

To Russia:

(1) Lift all sanctions

(2) No NATO training or weapons for Ukraine

(3) Ukraine will not be part of NATO

(4) Agree to pay for the damage to Nord Stream

Ukraine is an untrustworthy government. Their end goal has ALWAYS been to destroy Russia. They were the first state to pull out of Russia and pitched the destruction of the Soviet Union to other member states. Ukraine was NEVER its own country. It became a country and achieved its sovereignty but that was never good enough. They had to start the civil war against the Donbas. If you want this war to continue, then grab a gun and go fight for this most corrupt head of state probably in the entire world.

The facts are clear. Ukraine launched what it called Special Operations and began the civil war attacking the Russian civilians in the Donbas calling them terrorists because they wanted separation from Ukraine which has outlawed their language and even outlawed their religion ordering all churches to be subservient to their propped-up Patriarch – not the traditional one in Moscow. This is sort of the French seizing the Vatican and moving it to Avignon. This was their response to the Minsk Agreement where Ukraine was to separate and adopt a change to their Constitution. Ukraine has discriminated against anyone who is not Ukrainian and that included Hungarian and Polish living in Ukraine. That has been their legacy from Nazi Germany.

The Ukrainians are fighting for the territory that was never theirs. They want Russia out, along with all other minorities they hate and do not trust. Make no mistake about it, if Russia loses, the Ukrainians will massacre all Russians in the Donbas territory. The West ignores the fact that the Ukrainians carried out a massacre of ethnic Russians who lived in Odessa as soon as their 2014 Revolution and that is what started this entire civil war that the Western Press will not address.

The 2014 Massacre of Russian-speaking Ukrainians in Odessa where they killed them grabbing them on the streets was a Neo-Nazi event. That was the turning point. It revealed that the Donbas had to separate for the Neo-Nazis wanted their death, not their submission. That began the civil war. They set fire to the building and burned all the Russian-speaking Ukrainians alive. For the first time in history, an organized massacre of civilians was carried out and even filmed by numerous people. This has been documented in extraordinary detail and the Neo-Nazis did not even fear of any negative consequences in world opinion.

If we do NOT abandon Ukraine and force them to live peacefully, they will engulf the entire world. They will use the F16s and attack the Russian Fleet and be prepared to send your children or yourself to go fight for the liar and greedy corrupt politician – Zelensky. We should die for this corruption? Honor the Minsk Agreement and it is over in 24 hours.

Oh yes. Throw in a pair of diamond-studded high heels. That may clinch the deal.

Jun 4 2023

Why the United States Will Fall


Armstrong Economics Blog/Civil Unrest Re-Posted Jun 4, 2023 by Martin Armstrong

This is why the United States is dead. It can no longer stand united and, like Ukraine, we too will simply have to split. There should be a property swap where Democrats leave the Red States and go to the Blue States and vice versa. This is how empires always die. They collapse from an internal division that eats away at them from within like cancer. Hayley Williams has only shown how she is brainwashed into thinking that abortion is a woman’s right when it was a Gates-Rockafeller ploy to further eugenics and reduce the population of minorities.

Justice Ginsberg was a woman’s activist. She explained that Roe v Wade was not about women’s rights. It was about eugenics. So they get women to agree to war and whatever because all they can focus on is abortion which was a lie, to begin with.

You cannot allow one side to force their beliefs upon the other.  Civilization can ONLY function when everyone benefits. As Lincoln said, united we stand, divided we fall.

Jun 3 2023

The Great Awakening


Armstrong Economic Blog/Disease Re-Posted Jun 2, 2023 by Martin Armstrong

Jun 3 2023

Interview: The Fall of Western Civilization


Armstrong Economics Blog/Armstrong in the Media Re-Posted Jun 3, 2023 by Martin Armstrong

The Fall of Western Civilization with Martin Armstrong

Watch the video above or click here to view the latest interview.

Martin Armstrong returns to the Outer Limits of Inner Truth Podcast to discuss: what Socrates is saying about the 2024 election, the likelihood that CBDCs will not succeed based on what happened in Africa, the fall of Western Civilization, where the elites want to take humanity, and how to preserve your liberty in these trying times.

Jun 3 2023

May Jobs Report Show 339,000 Jobs Gained, Worked Hours Declines, Unemployment Rate Increases to 3.7%


June 2, 2023 | Sundance 

There is a strong divergence within the May jobs report as released by the Bureau of Labor and Statistics (BLS) [DATA HERE].  Payrolls increased 339,000 in May from April and previous months were revised up by 93,000. That is good news.  However, the household survey, from which the unemployment rate is derived, showed employment down 310,000 jobs and the unemployment rate increased to 3.7%.

One of the aspects driving higher payroll starts are the number of people taking on additional part-time jobs.  This aspect is noted in a decline for the number of hours in the average workweek. As more PT jobs are added, the number of hours in a workweek declines. As noted in the BLS data, “the average workweek for all employees on private nonfarm payrolls edged down by 0.1 hour to 34.3 hours in May.”

There were 161.0 million people working in April.  There are 160.7 million people working in May.

There were 5.7 million people unemployed in April.  There are 6.1 million unemployed people in May.

The unemployment rate increased from 3.4% to 3.7%.

There are 310,000 fewer people working in May than were working in April.  However, payrolls increased by 339,000 over the same timeframe. See graph above for where those jobs were gained.

(NBC) – […] Job gains were broad-based last month with health care contributing 52,000 and leisure and hospitality adding 48,000. Food services and drinking places led the increase in the latter industry, which had been adding an average of 77,000 jobs per month over the prior 12 months.

Overall, the U.S. economy added 339,000 jobs for the month, much better than the 190,000 Dow Jones estimate and marking the 29th straight month of positive job growth.

The unemployment rate rose to 3.7% in May against the estimate for 3.5%. The jobless rate was the highest since October 2022, though still near the lowest since 1969.

Olu Sonola, head of U.S. regional economics at Fitch Ratings, said the jobs report is a mixed bag.

“The strength of the payroll survey is clearly a big surprise, largely on the back of robust job growth in the healthcare sector and the business and professional services sector,” said Sonola. “However, the 0.3% increase in the unemployment rate is the highest monthly increase since April 2020.” (more)

WAGES – As noted within the BLS report, “In May, average hourly earnings for all employees on private nonfarm payrolls rose by 11 cents, or 0.3 percent, to $33.44. Over the past 12 months, average hourly earnings have increased by 4.3 percent.” Wage growth still lags inflation; the middle class is getting poorer.  However, with the fed focused on wage growth as the leading indicator of their false pretenses to combat inflation, wage growth is too high (they want around 3.0%).

The Biden economic and monetary policies are delivering the results they want.  Higher energy prices, higher costs of living, lower real wages and increased middle class pressure. The serf model.

The BLS was forced to admit yesterday their Real Hourly Compensation growth was previously flawed.  [CHART DATA SOURCE]

That chart of revisions to real wages tells us a lot about the economic pain being felt by the working class in the U.S.  If it feels like you are working harder and going backwards in your ability to afford basic essentials, that’s because you are.

The prices for essential goods and services have risen at a much greater rate than the wages needed to afford them.  This is the result of Joe Biden’s energy policy, economic policy, and now magnifying monetary policy.

Our goods and housing costs are higher.  Our wages are not growing much.  The cost to borrow money to afford the gap is increasing.  This is unsustainable.

In my opinion, the economy overall – as a measure of units produced and sold – has been in a contracting position since the fourth quarter of 2021.  The appearance of economic growth, the value of goods and services, is an illusion that has been created by higher prices, ie. inflation.

Jun 2 2023

Senate Passes Debt Ceiling on Schedule


Armstrong Economics Blog/Sovereign Debt Crisis Re-Posted Jun 1, 2023 by Martin Armstrong

COMMENT: Marty, the Senate passed the Debt Ceiling. It is amazing how Socrates shows there was no debt crisis. As you wrote “When we look at the Array, we do not see a crisis with the debt ceiling.”  I do not know how it does this, but what you have created is truly a gift to humankind.

CLB

REPLY: I never expected that linking everything together would predict wars, civil unrest, or financial crises. There is a lot we can learn from Socrates.