Posted originally on Aug 29, 2025 by Martin Armstrong |
COMMENT: Thank you for the private blog on the sovereign debt crisis. With both the UK and France in trouble and the possibility of the IMF bailing out these two major countries, everything you have been warning about is coming to a head. I was impressed. There was over $20 trillion in the room at the last WEC. This year’s WEC will be more than just an ‘I told you so’ event. Can’t wait. You certainly have a lot to cover.
WL
REPLY: Well, between War, Sovereign Debt Crisis, shift in capital flows, risk of cancelling paper currencies, and even the rise in volcanic activity on target with Socrates’ forecast, we are looking at a profound shift with wildcards coming in from many directions. This year is our 40th anniversary since the first World Economic Conference was held in Princeton in 1985. Thank God for Socrates. It monitors everything and performs the work of over 1,000 analysts to provide us with a clear picture of what lies ahead.
I still had some hair back then and was probably 20 pounds lighter. We have the videos of that one, and there I was forecasting, look at the volatility we will experience in the decades ahead. That was undoubtedly an eye-opener at the time.
We did every country, and the charts were all hand-drawn for that conference back in 1985.
Posted originally on Aug 25, 2025 by Martin Armstrong |
Viktor Orbán has been a thorn in the paw of the European dictatorship masquerading as a democracy when the people have no right to vote for any leader, and the Parliament, which they do vote for, has no complete democratic control over other EU institutions, especially the European Commission. It can hold hearings, ask questions, and set up committees of inquiry. Most dramatically, it has the power to pass a motion of censure and force the entire European Commission to resign. It cannot pass laws alone. It can reject proposed legislation entirely, killing the bill. It has done this on numerous occasions, forcing the Commission to go back to the drawing board. However, it has the power to reject the entire annual EU budget. It has no power to alter laws or the budget. It is always an all-or-nothing role.
The European Union has not stripped Hungary of its voting rights over issues related to migrants or Ukraine, but is dying to do so and is now behind closed doors telling Zelensky to create a confrontation with Orban to force Hungary to exit the EU and enter war with Ukraine. On Ukraine’s Independence Day, Zelensky gave Hungary an ultimatum:“You must make a choice.” Hungary’s Foreign Minister Péter Szijjártó fired back with sharp words:
“We firmly reject the Ukrainian President’s intimidation. In recent days Ukraine has carried out serious attacks against our energy supply. An attack on energy security is an attack on sovereignty.”
Ukraine’s Deputy Foreign Minister Andrii Sybiha then mocked Hungary, stating:
“Hungary’s energy security is in your own hands. Diversify and become independent from Russia, like the rest of Europe.”
Zelensky is deliberately attacking the national security of Hungary, I believe, at orders from London, the EU, and NATO, who want Hungary out of the EU. The EU has debated stripping Hungary’s voting rights, but no such action has been finalized due to the complex and politically sensitive nature of the Article 7 process. Hungary’s positions on migration and Ukraine remain significant points of tension. For now, Hungary retains its full voting rights. The EU is desperate to get it to leave to the point of instructing Zelensky to cut off Hungary’s energy supply from Russia to cripple the economy, and they hope that will overthrow Orbán.
This dangerous new phase of the war, targeting highly sensitive infrastructure, comes amid defiant speeches in Kiev. There will NEVER be any peace until Zelensky is dragged out of Ukraine in chains. He takes his order against his own people, who want peace.
There have been ongoing discussions and proposals to deal with Hungary under Article 7 of the Treaty on European Union, which allows for the suspension of a member state’s voting rights in cases of severe and persistent breaches of EU values, such as the rule of law, democracy, and human rights. These discussions have been fueled by Hungary’s actions under Prime Minister Viktor Orbán, particularly its vetoes or obstructions of EU decisions on Ukraine aid, sanctions against Russia, and migration policies.
Hungary has repeatedly blocked or delayed EU funding for Ukraine, such as the €50 billion Ukraine Facility package, and opposed Ukraine’s EU accession talks, often citing issues like minority rights or corruption in Ukraine. For instance, Orbán left the room during a key vote in December 2023 to allow EU leaders to reach a consensus on starting accession talks with Ukraine, avoiding a direct veto but still signaling resistance.
Hungary’s vetoes on Ukraine aid and its perceived alignment with Moscow have led to growing frustration. The EU has considered workarounds, like alternative plans to bypass Hungary’s veto on Ukraine’s accession, and some MEPs have pushed for legal action against the European Commission for unfreezing €10 billion in funds for Hungary, seen by critics as a concession to Orbán’s tactics. This is why, covertly, Ukraine has been given the green light to undermine Hungary in hopes of forcing regime change.
Article 7 Proceedings:
The European Parliament triggered Article 7 procedures against Hungary in 2018 due to hyped-up allegations of judicial independence, media freedom, and civil society restrictions. Multiple hearings have been held to discuss potential sanctions, including suspending Hungary’s voting rights. However, no final decision has been made, as Article 7 requires unanimous consent from all other member states, which has been challenging to achieve.
Hungary’s strict anti-migration stance, including the “Stop Soros” law criminalizing assistance to illegal migrants and its 2016 referendum rejecting EU migration quotas, has been a point of contention. Some EU members see these policies as violating EU principles on human rights and solidarity.
The EU has instructed Romania to take in 100,000 migrants from Africa and the Middle East. They really do believe that they can draft all of these migrants to wage war against Russia. That is the backdrop to this crisis, they will NEVER tell the media about because it makes them the aggressor for war.
Our model on the EU, taken from the 1957 Treay of Rome, shows a major crash by 2030. This is where we should expect that the odds of the EU remaining intact post-2030 come into serious question. The EU has been drunk with power and has done precisely the opposite of its promises, from Climate Change to the migrant crisis, all culminating in war.
The shift in trend that the computer was forecasting lined up with the ECM from the start of the Euro, which began on October 20th, 2024 (2024.802). Maia Sandu, the Prime Minister of Moldavia, had the first round of election on October 20th, 2024.
This is also when Kaja Kallas was selected to be the Vice-President of the European Commission as well as High Representative of the European Union for Foreign Affairs and Security Policy. She is about as unbiased as Zelensky, and the two of them belong in the same cell. It was the first time I ever saw him put on a shirt and tie to impress her. I guess he didn’t need to wear his army getup to show he is at war while sending off $50 million per month to a secret account in the UAE.
As I have warned, even Washington, the EU has ZERO intention of allowing any peace deal whatsoever. There was war, and it is either war to destroy Russia and seize its $75 trillion of natural resources to keep the EU alive, or else, it is going to collapse by 2030, and they know that. They will NOT reform the EU even economically. They are married to the goals of Karl Marx – equality and suppressing individualism, just as the USSR did. The right to freedom of speech does not exist in Europe, unlike in the USSR. They are as paranoid as Stalin was who lived in fear of a revolution to overthrow him.
We see October as a turning point for Hungary. Perhaps all the back-stabbing from the EU will come to a head. With Zelensky’s ultimatum, choose sides or else it will come from Kallas and the rest of the Neocons.
Gone are the days when people queued for hours to receive the latest and greatest COVID vaccine to protect against the new strain of the season. A new poll by Pew Research Center has found that 60% of Americans will probably not take the updated vaccination.
There are the diehards who “trust the science,” with 24% saying they likely will receive an updated COVID injection and 15% already have. The Centers for Disease Control and Prevention was revered a few short years ago, but now, the majority is ignoring their guidelines, which state that EVERYONE older than six months of age should get vaccinated.
Republicans are less likely than Democrats to accept the vaccination at a rate of 81% to 39%. About 61% said they will not take the vaccination because they do not believe they need it. Studies have proven it does not prevent transmission or infection. What’s the point? Another 60% are understandably concerned about the potential life-altering or ending side effects.
The survey was taken before the House Select Subcommittee on the Coronavirus Pandemic wrapped up its two-year investigation. We can finally leave the bat theory to rest and stop blaming the pandemic on some wet market in China. The 520-page report concluded that COVID-19 “most likely emerged from a laboratory in Wuhan, China.”
The investigation also found that MASKS AND SOCIAL DISTANCING MEASURES WERE NOT BASED ON SCIENCE. “[P]rolonged lockdowns caused immeasurable harm to not only the American economy, but also to the mental and physical health of Americans, with a particularly negative effect on younger citizens.” Where is the outrage? We were unable to leave our homes or see our own family members due to these draconian laws based on NOTHING. Schools closed, businesses shut permanently, and the entire world came to a halt based on the guidelines from these corrupt health agencies. Dr. Fauci admitted he was uncertain where the six-foot separation guideline emerged from and shrugged it off as if it didn’t utterly change society on a global level.
The subcommittee has also pointed blame at the World Health Organization for lacking transparency in a bid to shield China from criticism. They cannot definitively say that the leak was deliberate nor can they say that governments were studying a bioweapon. But there are countless unanswered questions.
The final report suggests that individual states may need to begin stockpiling their own medical supplies. Furthermore, they would like to move away from medicine exported from China. “Many of the medications taken by Americans are manufactured overseas. But further, the active ingredients in these medications, the chemical compounds used to make them, are overwhelmingly made in China. So much so that the supply has been described as China having ‘a global choke hold’ on the chemical components of medications distributed nationwide,” the report says.
It is improbable to think that this virus naturally spread globally at a rapid speed. All the COVID vaccine manufacturers took a major hit in the markets on the very day that Trump announced he was hiring Robert F. Kennedy to head the Department of Health and Human Services. Will they ever release the ingredients in the actual vaccine? Will those who demanded lockdowns, masking, and distancing without evidence face their day in court? Justice has NOT been served, and one can hope that those responsible will be prosecuted. The upside is that people have lost all trust in “the science” and are beginning to think independently.
Posted originally on Nov 29, 2024 by Martin Armstrong
Zelensky continues to betray his own country following orders from the Neocons, who used Biden to authorize long-range missiles to be launched deep into Russia, which cannot be targeted without American satellite information and coordinates. There is no way he can launch missiles into Russia and expect that Russia will not respond. This was not intended to force Russia to peace talks when the Neocons sent Boris Johnson to kill any peak deal, and now we see more than one million Ukrainians have died since. As the NY Times wrote, General Mark A. Milley, then President Biden’s chief military adviser, suggested that neither Russia nor Ukraine could win the war. This is all about trying to get Putin to attack anything so NATO can invoke Article 5 to try to force Trump to send troops to Europe to wage this war against Russia.
Putin has told why he ordered his troops to bomb Ukraine’s energy infrastructure. Putin dispatched as many as 90 missiles and 100 drones. More than a million Ukrainians were left without power by the bombing. ‘This was a response to the Ukrainian attacks with British and US strikes last week,’ Putin said. He added that Russia is still selecting new targets in Ukraine, which may include decision-making centers in the capital Kiev.
Meanwhile, European leaders are desperate to create World War III as the European Union is in economic trouble. The head of the German secret service, Bruno Kahl, is arguing to invoke Article 5 over any hybrid attack. They can now create a false flag, calling it sabotage to justify triggering Article 5. Handing Ukraine these long-range missiles has shifted the focus inside Russia, and it can no longer be denied that World War III is underway for this is NATO and the USA are in a proxy war with Russia, and they are escalating it rapidly, fearing Trump takes office and then he would be anti-war. It is no joke that even the Greens in Germany are pro-war under the theory that (1) it will destroy the energy production of Russia and (2) reduce the population making Bill Gates, Buffett, and Soros so happy.
Did we get enough to save the planet?
The increase in Russian armed forces means that Putin has been forced to accept that this is World War III, and there will be no peace negotiations before Trump comes to power if they don’t try to assassinate him again. A military confrontation with NATO and the USA is a very possible outcome. Already, they are spinning the Russian Risk of interference in the upcoming German elections. German intelligence chief Bruno Kahl said at an event organized by the international relations think tank DGAP in Berlin that Russia’s hybrid warfare raises the risk that NATO may have to consider triggering the mutual defense clause, Article 5 of the treaty. They want World War III so bad that they can taste the blood.
Putin has been trying to sit on his hands. He knows that a direct confrontation will be devastating to much of the world. He is NOT a warmonger, but those behind him are just as insane as our Neocons and the leader of Europe, who have collectively been drugged, it seems, by NATO. Putin has had no choice but to increase the Russian armed forces as he is compelled to confront that a direct military confrontation with NATO becomes more likely with every passing day.
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