Q&A from Martin Armstrong


Armstrong Economics Blog/Q&A Re-Posted Oct 22, 2020 by Martin Armstrong

COMMENT #1: Marty,

One gets the sense we are closer to a dictatorship than most think.

Twitter, Google, Facebook, and others now appear to be working in overdrive to block content, prevent free speech, report only what suits them, in an effort to sway voters and build momentum for a Biden win.

Surely, anyone with a brain today can see governors and others at the municipal level are part of the effort to restrict movement, impose ridiculous rules that suffocate business, and instill fear. One imagines these people will be handsomely rewarded with bailouts at the state level. At the Federal level, one can project many of these governors will end up in Biden’s cabinet, rewarded for their loyalty.

There is nothing worse than using public office to commit crimes, outright fraud against the public, using taxpayer money to prevent people from living their lives, taking their property, allowing rioting and the destruction of property…all in the name of “public safety”.

I don’t know how we ever recover from this. One thing is clear…you can’t put the toothpaste back in the tube after what they have done this year.

MS

REPLY #1: Socrates warned that the 2020 election would be the most corrupt in history. I really do not think even I could have forecast to what extent these people have gone. We are definitely in a battle for our freedom. You have people who just hate Trump and will vote for Biden only for that reason. They have been manipulated by all the fakes news from RussiaGate to Impeachment and everything in between. Honestly, Trump has been amazing insofar as to have been attacked so intensely from every side and he is still standing. Bannon said if Trump loses, he will run against in 2024. I think they would kill him openly and fear nothing about prosecution anymore.

COMMENT #2: Dear Martin,
Bill Gates’ CO2 and population obsession is bizarre. The first person link CO2 with population and claim that they were bad was Günther Schwab-the Nazi environmentalist. Bill wants people to stop eating meat and eat plant substitutes. Wasn’t Hitler a vegetarian ? Klaus Schwab’s insistence on “stakeholder capitalism” sounds similar to Hitler’s pronouncements on how “industry, the nation, and community[ should work in harmony “in a spirit of sacrifice” (Mein Kampf). You add in the fetishes for medical experimentation, totalitarian surveillance, ‘hygiene’, ‘living space’/social distancing, and a desire for “papers please !” social control, one is left to ask: are these people actual NAZIS in sheep’s clothing?

Klaus’ haughty demeanor and sardonic sneer does make him look like one out of central casting.
I guess their refrain is “This time we are going to get it right”. General Patton and your father may have defeated them militarily, but apparently, the ideology lives on repacked with a PR update. What irony. Boris Johnson is allowing them to do to Britain what his idol Churchill never would have: Nazis take over without even firing a shot.
K

REPLY #2: Schwab is an academic and therein lies the problem. He is buddy-buddy with Thomas Picketty and the two envision Marxist Utopia. They think with them in charge, they will make it work at last. Schwab is also buddy-buddy with Christine Legard and they talk regularly. She was the first floating Green bond! Boris Johnson is an absolute disgrace. He is already saying he will retire next year because he cannot live on his meager salary. He has been bought and paid for. His goal is to not just crush Britain to join Schwab’s Great Reset but to terminate BREXIT.

COMMENT #3 Martin,

The Google whistleblower, Zach Vorhies, posted this video of what looks like someone recording themselves invalidating the vote of random people.

We have trillions of dollars to waste on useless crap, yet can’t utilize the latest blockchain technology to create a cheat-proof election and voter ID system. I think George Carlin would have some words to say about that if he were still alive.

REPLY #3:  I am not confident that Trump will win despite the fact that the computer shows he SHOULD! I am very concerned the election will he stolen and mainstream media will declare Biden the winner and everything breaks down from here on out.

COMMENT #4: Sir,

It’s interesting how history rhymes. In Rome, Cicero and the fake news. I can’t recall if there was rioting or censorship but probably. Caesar was the “savior” of the people. It ended in an Empire. In Germany in the 30s there was propaganda, crystal night ( looting etc) and book burning ( censorship). Hitler was the ‘savior ‘ of the German people. It morphed into a dictatorship. Today we have fake news, rioting via BLM and censorship. YouTube only lets WHO/Gates related material be shown and censors others viewpoints. The media to include Facebook also censors it as well. Now Amazon.com also performs censorship by not publishing/removing non party (Gates/WHO) materials. So, what type of government are you seeing we will finally have?

Keep up the good work

DK

PS Hope to finally shake your hand at WEC 2020

REPLY #4: We are headed in the same direction. I put all the arrays on politics in that report out for 12 years. You will see why I have been saying that I was afraid of what comes AFTER Trump. I also am deeply concerned that there will no longer be elections post-2024. Biden is a place-holder. He has always been for sale to the highest bidder. The most corrupt always rise to the top – not the cream. They are amending the Constitution because just in case Biden is a problem, they can remove him as mentally incompetent. They have been attacking Trump even before he was elected. This is a serious plot to take over the world and redesign it their way. They will fail and the financial capital of the world will move to China. They are destroying Western culture and they have brainwashed people to vote for Biden only because they hate Trump. They have no idea that they are joining this conspiracy against their own freedom. This is not Democrat v Republican. This is a full-0blown Marxist takeover of the entire world – not just the USA. Anyone who says that they call a “conspiracy theorist” which is a label they are now using so they do not have to answer the substance.

COMMENT #5: Hi Marty Thank you for answering my last question about daily closing. Really appreciated.

I see a lot of messaging about the big bang reset of libor to this other system which could cause a crash. At least there is a lot of speculation around this event. How would that work? Thank you for your answer kind regards Xander

VVM

REPLY #5: I think that is overstated and will end up like all other things that were supposed to blow up the system like the Y2K Scare which was a phenomenon at the turn of the 21st century where computer users and programmers feared that computers would stop working on December 31, 1999. The phenomenon was also referred to as the “Millennium Bug” or  Year 2000 problem” by technology experts. This one will have minor problems as well.

COMMENT #6: “Land of the Free….some restrictions may apply…void where prohibited.”

REPLY #6: Very true!

COMMENT #7:  Hi Mr. Armstrong,
I read recently that the US markets will look forward to a Biden victory because it will mean the distribution of socialist largesse which could raise the markets, if only in the short term. I would welcome your thoughts on this. Thanks for all you do

ST

REPLY #7: Biden is going to raise taxes on everyone earning $400,000 or more PER HOUSEHOLD! Even liberal Stanford University’s Hoover Institution latest report projects that Mr. Biden’s taxation, insurance, regulatory, and energy proposals would combine to reduce full-time equivalent employment by about 3%, or 4.9 million jobs. The Biden program also would shrink real gross domestic product per capita by 8% and the capital stock per person by 15%, resulting in a $6,500 hit by 2030 in median income per household. Biden will push the New Green Deal. Our models show we are moving economically into a decline as we head into 2022. There is no way Biden will be good for the economy. That is propaganda. A vote for Biden in 2020, shows that will become the biggest regret by 2022.

It’s Always a Conspiracy


Armstrong Economics Blog/Conspiracy Re-Posted Oct 22, 2020 by Martin Armstrong

COMMENT: So, behind the curtain I was told you’re actually in league with Klaus, Mr. Armstrong 😀
I know, how I dare to even ask but Marty, what’s going on? You and Schwab try knocking out old friends from NYC with their own green weapons right along their favorite one world government daydream or what?

Thank you for everything you do, guys like you give me hope, I loved finance all my life but was not fortunate to have happy parents nor childhood whatsoever. you’re writings changed so much for me, I was stranded on the streets as I began reading your writings. “As they say, a girl becomes a woman at 23 but a boy does not become a man until 40. Women married boys but expected them to be men. I probably survived my first marriage just because of this thank you so very much. I would love to know all that little stories from those years you experienced in finance, you have to write a book about your life or have someone that will do it for you, its so important, it can’t be hard to find such a guy, even I would do it right along for free

REPLY: Well, I have heard just about everything. The night of “The Forecaster” debut in London, the London Evening Standard put out in their print edition that read Martin Armstrong said bankers were worth every penny. But the online edition had a different Martin Armstrong’s picture. They pretended that was somehow just an error? It is amazing to what extent people will make up conspiracy theories about me to desperately try to ensure people will not read this site.

Yes, it is no secret I know so many of the players. I have been invited to the highest level dinners, and have been at the White House Correspondent Dinner. Yes, they know me and yes I know them. I have had people desperately trying to get me on their side. I have had people try to hypnotize me in conversations where they gradually lower their voice to put you under.

I have been held in contempt in a failed attempt to force me to turn over my source code. They have tried to kill me, threaten me — you name it. But this one is interesting. If anything, people know I am by no means a Socialist. I would never in a million years team up with Schwab. Nor is he against his green buddies in New York. They have been exploiting him and his academic friends with no intention of surrendering their power. They are playing a high stakes game for control. They have been using Schwab and his World Economic Forum to further their own power.

It Begins – DOJ Files Antitrust Lawsuit Against Google Inc…


Posted originally on The Conservative Tree House on October 20, 2020 by sundance

Of all the seismic events surrounding the architecture of the deep state, the mechanisms within the swamp and the universe that surrounds all of the ancillary aspects we have come to categorize under names such as “Obamagate”, “Spygate”, “FISAgate” and the surveillance state writ large, none are as universally important as this one.

In the most significant measure this foundation is the “there” in the phrase: “there are trillions at stake.”  This is the substrate that holds the swamp in place.  It was not coincidental the Big Tech conglomeration was the first and primary focus of Obama’s Chicago network.  The downstream consequences cannot be overstated.

The DOJ has filed the class action lawsuit against Google Inc [pdf here], and while Google, and their subsidiaries (YouTube etc) are the secondary targets don’t think for a second that this does not touch on every single aspect of the ancillary technology monopoly; that includes social media platforms.

In short, this is a big effen deal.

FROM THE DOJ – Today, the Department of Justice — along with eleven state Attorneys General — filed a civil antitrust lawsuit in the U.S. District Court for the District of Columbia to stop Google from unlawfully maintaining monopolies through anticompetitive and exclusionary practices in the search and search advertising markets and to remedy the competitive harms. The participating state Attorneys General offices represent Arkansas, Florida, Georgia, Indiana, Kentucky, Louisiana, Mississippi, Missouri, Montana, South Carolina, and Texas.

“Today, millions of Americans rely on the Internet and online platforms for their daily lives.  Competition in this industry is vitally important, which is why today’s challenge against Google — the gatekeeper of the Internet — for violating antitrust laws is a monumental case both for the Department of Justice and for the American people,” said Attorney General William Barr.

“Since my confirmation, I have prioritized the Department’s review of online market-leading platforms to ensure that our technology industries remain competitive.  This lawsuit strikes at the heart of Google’s grip over the internet for millions of American consumers, advertisers, small businesses and entrepreneurs beholden to an unlawful monopolist.”

 “As with its historic antitrust actions against AT&T in 1974 and Microsoft in 1998, the Department is again enforcing the Sherman Act to restore the role of competition and open the door to the next wave of innovation—this time in vital digital markets,” said Deputy Attorney General Jeffrey A. Rosen.

As one of the wealthiest companies on the planet with a market value of $1 trillion, Google is the monopoly gatekeeper to the internet for billions of users and countless advertisers worldwide. For years, Google has accounted for almost 90 percent of all search queries in the United States and has used anticompetitive tactics to maintain and extend its monopolies in search and search advertising.

As alleged in the Complaint, Google has entered into a series of exclusionary agreements that collectively lock up the primary avenues through which users access search engines, and thus the internet, by requiring that Google be set as the preset default general search engine on billions of mobile devices and computers worldwide and, in many cases, prohibiting preinstallation of a competitor. In particular, the Complaint alleges that Google has unlawfully maintained monopolies in search and search advertising by:

  • Entering into exclusivity agreements that forbid preinstallation of any competing search service.
  • Entering into tying and other arrangements that force preinstallation of its search applications in prime locations on mobile devices and make them undeletable, regardless of consumer preference.
  • Entering into long-term agreements with Apple that require Google to be the default – and de facto exclusive – general search engine on Apple’s popular Safari browser and other Apple search tools.
  • Generally using monopoly profits to buy preferential treatment for its search engine on devices, web browsers, and other search access points, creating a continuous and self-reinforcing cycle of monopolization.

These and other anticompetitive practices harm competition and consumers, reducing the ability of innovative new companies to develop, compete, and discipline Google’s behavior.  (read more)

The Statement from AG Bill Barr is HERE

…”The complaint filed today against Google is based on violations of the U.S. antitrust laws and is separate and distinct from concerns raised about content moderation and political censorship by online platforms. As part of the Department’s broader review of market-leading online platforms, we listened to myriad public concerns about how online platforms fail their users. While many of the concerns we heard were competition-related, others were not – like online child exploitation, public safety, and censorship. Outside the Antitrust Division, the Department has considered these issues separately, including by advocating for Section 230 legislative reforms. Our antitrust investigation of Google, by contrast, is based solely on traditional antitrust principles and is aimed at promoting consumer welfare through robust competition.” (more)

On May 28th, after President Trump signed an executive order targeting on-line censorship, CTH wrote a twitter thread about it.  There had to be a breaking point where the FCC or DOJ stepped-in to address the issues if our constitutional republic is to survive.

[Read Executive Order Here] – In the periphery of this executive action there was a widespread expectation of this antitrust lawsuit against Google Inc and their affiliated companies. The controlling ideology of ‘big tech’ merges with legal action by the DOJ.

There have been visible signals, subtle but visible, the DOJ was about to move on a massive (the biggest in history) antitrust lawsuit against Google and all affiliates.

The issue did not necessarily surface as most would think; via a bias based on conservative -vs- leftist ideology in content manipulation; though those underlying aspects are a part of the larger underpinning we will soon see surface.

Antitrust lawsuits, writ large, are based on “prices”, “costs”, and net “financial” distortions caused by corporations not competing based on open commerce. “Antitrust” in it’s structural form is based on costs and the manipulation of prices.  Essentially, controlled commerce.

In the digital sphere the targeted firms have not opened themselves to liability based on ideology; but rather Google, all subsidiaries and alliances, have opened themselves to antitrust violations through the manipulation and control of financial benefit.

Demonitization of digital platform content providers, in combination with Google’s control of almost all ad revenue in the digital space, is what has opened the door for DOJ intervention based on antitrust laws.

Antitrust intervention is warranted because the content being generated on these on-line, digital platforms, is being arbitrarily valued by the media company GoogleAds and not the free market. Directing pathways and content promotion is another former of devaluation. Devaluing certain content they are ideologically opposed to creates consumer distortions.

Underpinning that revenue control is the ideological nature of the control enforcer, in this example Google. However, for the purpose of antitrust lawsuits, that motive is irrelevant.

The methods, practices and purposeful control of value; through collusion of corporate interest specific to a planned and organized effort to control monetary benefit; is the part of their activity that is quantifiable, discoverable, easily provable, and ultimately unlawful.

The financial distortion of internet commerce is the crack in the Big Tech stranglehold that should afford the DOJ the opportunity to step in.  Google (and all subsidiaries) will lose on the substance of their defense because ultimately their business practice has resulted in, and arguably they have engaged in, price fixing.

It will take time, but from an optimistic position the DOJ take action will eventually force Google into a settlement.  There could be a massive financial settlement in addition to a negotiated Consent Decree. Within the decree terms, we could/should see a break-up.

Any antitrust action is only tangentially related to President Trump’s previous confrontation with Twitter and big tech social media based on ideological lines. However, it is easy to see how the two issues will merge.  The monetary distortions are based on ideology.

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How Long Has The U.S. Intelligence Apparatus Been Selecting Presidential Candidates?…


Posted originally on The Conservative Tree House on October 18, 2020 by sundance

One would have to be intellectually obtuse to think former President Barack Obama was unaware his Vice-President, Joe Biden, was raking in tens-of-millions from his use of Hunter Biden as family bagman while lobbying foreign governments.

With that in mind; and considering all of the downstream consequences from the original selection of Joe Biden as the VP candidate; and considering how those in power now have the tool of the NSA database to control political offices; how long has the intelligence apparatus been involved in selecting the U.S. presidential candidates?

Go Deep

Sunday Talks: Kevin McCarthy and Devin Nunes Discuss Joe Biden, DOJ and FBI Corruption…


Posted originally on The Conservative Tree House on October 18, 2020 by sundance

House minority leader Kevin McCarthy and House Intelligence Committee ranking member Devin Nunes appear with Maria Bartiromo to discuss current events.

Topics include the Hunter/Joe Biden scandal; the social media platform censorship; and the efforts of the FBI and DOJ to protect the interests of the Biden campaign.

As Devin Nunes explains the FBI is involved in the cover-up. FBI Director Chris Wray is a domestic enemy of the republic.

President Trump Make America Great Again Rally – Macon, GA – 7:00pm ET Livestream…


Posted originally on The Conservative Tree House on October 16, 2020 by sundance

After spending the day in south Florida (Miami), southwest Florida (Fort Myers), and then central Florida (Ocala), President Trump heads to Macon Georgia for a campaign rally to finish off the day.  Anticipated start time 7:00pm EDT [Livestream links below]

Trump Campaign Livestream – RSBN Livestream Link – Fox News Livestream

Gerald Storch Discusses Potential for Holiday Retail Sales…


Posted originally on The Conservative Tree House on October 16, 2020 by sundance

Former Toys ‘R’ Us Chairman and CEO and Storch Advisors CEO Gerald Storch, appears on Fox Business to discuss today’s remarkable retail sales data. Storch rightly notes the September year-over-year spending was a whopping 8 percent on durable goods.

This outcome foretells good news for the holiday shopping season… except, as I noted, there is a slight issue. None of the current on-hand inventories are enough to fulfill demand for a big holiday shopping season. Hence, my advice – buy early, buy now.

Stunning MAGAnomic Comeback – September Retail Sales Jump 1.9 Percent, and 5.4 Percent Year Over Year…


Posted originally on The Conservative Tree House on October 16, 2020 by sundance

The September retail sales show it’s a super-V recovery folks.  According to Census Retail data released today [LINK HERE] – [PDF HERE] September retail sales jumped 1.9 percent, that result is triple what forecasters and economists had projected.  However, the data is even better.  Need more winnamins !

A September 2020 comparison to September 2019 shows last month’s retail sales jumped a whopping 5.4 percent year-over-year.  That means last month saw consumer spending 5.4% higher than consumer spending before COVID-19 hit the U.S. economy. Keep in mind two-thirds of U.S. GDP is driven by retail sales and consumer spending.

Reuters is absolutely apoplectic with disappointment because their forecasters were only looking for 0.7 percent growth, and the 1.9 percent result is almost triple their expectations.  Despite missing the forecast, Reuters doubles-down on a “dark cloud” narrative and sells a doomsayer message because the globalists/multinationals are sad.

(Reuters) […] Retail sales jumped 1.9% last month as consumers bought motor vehicles and clothing, dined out and splashed out on hobbies. That followed an unrevised 0.6% increase in August.

Economists polled by Reuters had forecast retail sales would rise 0.7% in September.

[…] Retail sales have bounced back above their February level, with the pandemic boosting demand for goods that complement life at home, including furniture and electronics. An aversion to public transportation has boosted motor vehicle purchases. Retail sales rose 5.4% on a year-on-year basis in September. (link)

Go read the Reuters analysis and you’ll see they are doomsaying, under the auspices that more stimulus spending is needed or the economy will collapse.  Nonsense. The data is the data… and the data tells a stunningly good story that totally aligns with what I have witnessed in all of my recent travels.

Yes, some more very narrowly targeted and specifically tailored recovery spending is wise and appropriate; but a massive spending package is not needed unless we are talking about the politics of it.  Politically putting money in the hands of workers/consumers is a good move…. but our economic position is not contingent upon it.  The economic engine has restarted and is firing strong; more government spending is pure nitrous now.

(Via Associated Press) […] “We’re optimistic about the prospects for a strong holiday season, as people want something to look forward to and bring joy to their lives,” Shay said. “While it’s been a challenging year for everyone, there’s been an enormous amount of innovation within the retail industry and retailers have demonstrated that we can keep the economy open and operating safely.”

“Retail sales are continuing to build on the momentum we’ve seen through the summer and have been boosted by an improving labor market, a rebound in consumer confidence and elevated savings,” NRF Chief Economist Jack Kleinhenz said. “A significant number of people remain unemployed, but more are going back to work and that makes them confident about spending.

September retail sales reflect the support of government measures and elevated savings that is being spent now that consumers are shopping again. With less spending on personal services such as travel and entertainment outside the home, some of that money is shifting to retail cash registers. All in all, these numbers and other economic data show the nation’s economy remains on its recovery path.”  (more)

As many of you know I have been traveling extensively throughout the country as I continue to brief groups on background DC, DOJ and FBI information from my years of research. During these travels I make a point to visit sector-specific businesses to inquire about their economic and business growth status.

The disconnect amid a ground reality compared to business reporting and financial media is actually stunning. However, perhaps that is because my physical ‘on-the-ground’ inquires and reports are ahead of the natural lag in the economic data rolling up to the accounting level. Here’s what I can tell you with absolute certainty.

The amount of heavy equipment, industrial equipment, hardware and goods being moved around the country is more than I have ever witnessed or seen in decades of travel. The mid-west, mid-atlantic, southeast, and more specifically the south in general, has more haulers and semi-trucks on the road than I have ever witnessed…. ever…. by a substantial margin. The same is true for rail freight and cargo vessels.

Regardless of what financial pundits and economic media might be saying, the underlying economic activity in the U.S. right now is explosive and moving at a much more rapid pace than before the COVID crisis. Regionally, business owners and operators all report the same thing, and the same need for a larger workforce. All of them are hiring; however, some sector specifics and regional specifics are much more intense.

So here’s my final data-driven tip and prediction for you this year.  Do not share it with anyone except your closest family and friends:

#1 – There will be a severe shortage of holiday gift items for purchasing this holiday season; a severe shortage.  Make your list of presents now; and go buy them as soon as possible.  Trust me on this… stuff will be scarce and you will not be able to find in mid-late November and/or December.  Demand will be off-the-charts.

#2 – There will be a severe shortage of staple food items for holiday meal cooking.  If you do cooking or baking for your family this year, buy your shelf-stable items early.  Purchase your ingredients and shelf-stable food and beverage items early.

Wait for the fresh product purchases as normal, those are unaffected.  However, the side items and shelf-stable food products (flour, sugars, dry spices, condiments, dried fruits etc.) will be in very limited supply.

In all consumer purchase sectors existing inventories are already too low to support the normal holiday demand..

Purchase early and avoid the panic.  You will be a hero for your family.

The third quarter (July, Aug, Sept) GDP figures, which will be released on the last Friday in this month, are going to be record-breaking.

Understanding What Foreign Governments are Purchasing From The Bidens – There are Trillions at Stake…


Posted originally on The Conservative Tree House on October 15, 2020 by sundance

Amid the latest evidence that Hunter and Joe Biden are selling their ability to influence U.S. institutions to the benefit of foreign governments, I have received numerous requests to once again explain what those foreign interests are purchasing.

Understanding the purchase requires understanding the term “exfiltration” of wealth.  To understand the purchasing system, it becomes necessary to understand the underlying financial & economic constructs; the cornerstone of U.S. wealth. We begin…

President Trump is disrupting decades of multinational financial interests who use the U.S. as a host for their ideological & economic objectives. President Trump is confronting multinational corporations and the global constructs of economic systems that were put in place, by DC politicians and billionaire elites, to the detriment of the USA; ie. YOU.

There are trillions at stake.  All else is chaff and countermeasures.

We are already familiar how China, Mexico and ASEAN nations export our raw materials (ore, coking coal, rare earth minerals etc.). The raw materials are used to manufacture goods overseas, the cheap durable goods are then shipped back into the U.S. for purchase.

It is within this decades-long process where we lost the manufacturing base, and the multinational economic planners (World Trade Organization) put us on a path to being a “service driven” economy.

The road to a “service-driven economy” is paved with a great disparity between financial classes. The wealth gap is directly related to the inability of the middle-class to thrive.

Elite financial interests, including those within Washington DC, gain wealth and power, the U.S. workforce is reduced to servitude, “service”, of their affluent needs.

The destruction of the U.S. industrial and manufacturing base is EXACTLY WHY the wealth gap has exploded in the past 30 years.

The exact same exfiltration and exploitation has been happening, with increased speed, over the past 15-20 years with “CONSUMABLE GOODS“, ie food. Raw material foodstuff is exported to China, ASEAN nations and Mexico, processed and shipped back into the U.S. as a finished product.

Recent example: Salmonella Ritz Bits (whey); Nabisco shuts New Jersey manufacturing plant, moves food production to Mexico… the result: Salmonella crackers. This is the same design-flow with food as previously exploited by other economic sectors, including auto manufacturing.

Archer Daniels Midland (ADM), Monsanto, Nestlé, PepsiCo, Bunge, Potash Corp, Cargill or Wilmar, stay out of the public eye by design. Most megafood conglomerates have roots going back a century or more, but ever-increasing consolidation means that their current corporate owners may have been established only a few years ago. Welcome to the complex world of Big Ag:

Start with the so-called Big Six [PDF]. Monsanto, Syngenta, Dow AgroSciences, DuPont, Bayer, and BASF produce roughly three-quarters of the pesticides used in the world. The first five also sell more than half the name-brand seeds that farmers plant, including varieties modified for resistance to the very pesticides they also sell. Meanwhile, if farmers want fertilizer, a list of 10 other companies, starting with PotashCorp, account for about two-thirds of the world market.

Once the plowing, planting, nurturing, and harvesting are done, around 80 percent of major crops pass through the hands of four traders: ADM, Bunge, Cargill, and Louis Dreyfus. These companies aren’t just financiers, of course—Cargill, for example, produces animal feed and many other products, and it supplies more than a fifth of all meat sold in the United States.

And if you ever had any ideas about going vegetarian to avoid the conglomerates, forget about it: ADM processes about a third of all soybeans in the United States and a sixth of those grown around the globe. It also brews more than 5.6 billion liters of ethanol for gasoline and pours more than 2 million metric tons of high-fructose corn syrup every year. And it produces a sixth of the world’s chocolate. {Continue – and go Deep}

Multinational corporations, BIG AG, are now invested in controlling the outputs of U.S. agricultural industry and farmers. This process is why food prices have risen exponentially in the past decade.

The free market is not determining price; there is no “supply and demand” influence within this modern agricultural dynamic. Food commodities are now a controlled market just like durable goods. The raw material (harvests writ large) are exploited by the financial interests of massive multinational corporations. This is “contract farming”.

If U.S. supply and demand were the sole aspects of the domestic market price for food, we would see the prices of aggregate food products drop by half almost immediately. Some perishable food products would predictably drop so dramatically in price it is unfathomable how far the prices would fall.

Behind this dynamic we find the international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.

When we understand how trade works in the modern era we understand why the agents within the system are so adamantly opposed to U.S. President Trump.

♦The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.

It doesn’t.

Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations. Institutions like the World Trade Organization (WTO) and World Bank control trillions of dollars in economic activity. Underneath that economic activity there are people who hold the reigns of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics.

The modern financial constructs of these entities have been established over the course of the past three decades. When you understand how they manipulate the economic system of individual nations you begin to understand understand why they are so fundamentally opposed to President Trump.

In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar. Global markets have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets.

The same is true for “Commodities Markets”. The multinational trade and economic system, run by corporations and multinational banks, now controls the product outputs of independent nations. The free market economic system has been usurped by entities who create what is best described as ‘controlled markets’.

U.S. President Trump smartly understands what has taken place. Additionally he uses economic leverage as part of a broader national security policy; and to understand who opposes President Trump specifically because of the economic leverage he creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club.

Understanding how trillions of trade dollars influence geopolitical policy we begin to understand the three-decade global financial construct they seek to protect.

That is, global financial exploitation of national markets.

FOUR BASIC ELEMENTS:

♦Multinational corporations purchase controlling interests in various national outputs (harvests an raw materials), and ancillary industries, of developed industrial western nations. {example}

♦The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks. (*note* in China it is the communist government underwriting the purchase)

♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

♦With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

Against the backdrop of President Trump confronting China; and against the backdrop of NAFTA having been replaced by the USMCA; and against the necessary need to support the key U.S. steel industry; revisiting the economic influences within the modern import/export dynamic will help conceptualize the issues at the heart of the matter.

There are a myriad of interests within each trade sector that make specific explanation very challenging; however, here’s the basic outline.

For three decades economic “globalism” has advanced, quickly. Everyone accepts this statement, yet few actually stop to ask who and what are behind this – and why?

Influential people with vested financial interests in the process have sold a narrative that global manufacturing, global sourcing, and global production was the inherent way of the future. The same voices claimed the American economy was consigned to become a “service-driven economy.”

What was always missed in these discussions is that advocates selling this global-economy message have a vested financial and ideological interest in convincing the information consumer it is all just a natural outcome of economic progress.

It’s not.

It’s not natural at all. It is a process that is entirely controlled, promoted and utilized by large conglomerates, lobbyists, purchased politicians and massive financial corporations.

Again, I’ll try to retain the larger altitude perspective without falling into the traps of the esoteric weeds. I freely admit this is tough to explain and I may not be successful.

Bulletpoint #1: ♦ Multinational corporations purchase controlling interests in various national elements of developed industrial western nations.

This is perhaps the most challenging to understand. In essence, thanks specifically to the way the World Trade Organization (WTO) was established in 1995, national companies expanded their influence into multiple nations, across a myriad of industries and economic sectors (energy, agriculture, raw earth minerals, etc.). This is the basic underpinning of national companies becoming multinational corporations.

Think of these multinational corporations as global entities now powerful enough to reach into multiple nations -simultaneously- and purchase controlling interests in a single economic commodity.

A historic reference point might be the original multinational enterprise, energy via oil production. (Exxon, Mobil, BP, etc.)

However, in the modern global world, it’s not just oil; the resource and product procurement extends to virtually every possible commodity and industry. From the very visible (wheat/corn) to the obscure (small minerals, and even flowers).

Bulletpoint #2 ♦ The Multinational Corporations making the purchases are underwritten by massive global financial institutions, multinational banks.

During the past several decades national companies merged. The largest lemon producer company in Brazil, merges with the largest lemon company in Mexico, merges with the largest lemon company in Argentina, merges with the largest lemon company in the U.S., etc. etc. National companies, formerly of one nation, become “continental” companies with control over an entire continent of nations.

…. or it could be over several continents or even the entire world market of Lemon/Widget production. These are now multinational corporations. They hold interests in specific segments (this example lemons) across a broad variety of individual nations.

National laws on Monopoly building are not the same in all nations. Most are not as structured as the U.S.A or other more developed nations (with more laws). During the acquisition phase, when encountering a highly developed nation with monopoly laws, the process of an umbrella corporation might be needed to purchase the targeted interests within a specific nation. The example of Monsanto applies here.

Bulletpoint #3 ♦The Multinational Banks and the Multinational Corporations then utilize lobbying interests to manipulate the internal political policy of the targeted nation state(s).

With control of the majority of actual lemons the multinational corporation now holds a different set of financial values than a local farmer or national market. This is why commodities exchanges are essentially dead. In the aggregate the mercantile exchange is no longer a free or supply-based market; it is now a controlled market exploited by mega-sized multinational corporations.

Instead of the traditional ‘supply/demand’ equation determining prices, the corporations look to see what nations can afford what prices. The supply of the controlled product is then distributed to the country according to their ability to afford the price. This is essentially the bastardized and politicized function of the World Trade Organization (WTO). This is also how the corporations controlling WTO policy maximize profits.

Back to the lemons. A corporation might hold the rights to the majority of the lemon production in Brazil, Argentina and California/Florida. The price the U.S. consumer pays for the lemons is directed by the amount of inventory (distribution) the controlling corporation allows in the U.S.

If the U.S. lemon harvest is abundant, the controlling interests will export the product to keep the U.S. consumer spending at peak or optimal price. A U.S. customer might pay $2 for a lemon, a Mexican customer might pay .50¢, and a Canadian $1.25.

The bottom line issue is the national supply (in this example ‘harvest/yield’) is not driving the national price because the supply is now controlled by massive multinational corporations.

The mistake people often make is calling this a “global commodity” process. In the modern era this “global commodity” phrase is particularly nonsense.

A true global commodity is a process of individual nations harvesting/creating a similar product and bringing that product to a global market. Individual nations each independently engaged in creating a similar product.

Under modern globalism this process no longer takes place. It’s a complete fraud. Massive multinational corporations control the majority of production inside each nation and therefore control the global product market and price. It is a controlled system.

EXAMPLE: Part of the lobbying in the food industry is to advocate for the expansion of U.S. taxpayer benefits to underwrite the costs of the domestic food products they control. By lobbying DC these multinational corporations get congress and policy-makers to expand the basis of who can use EBT and SNAP benefits (state reimbursement rates).

Expanding the federal subsidy for food purchases is part of the corporate profit dynamic.

With increased taxpayer subsidies, the food price controllers can charge more domestically and export more of the product internationally. Taxes, via subsidies, go into their profit margins. The corporations then use a portion of those enhanced profits in contributions to the politicians. It’s a circle of money.

In highly developed nations this multinational corporate process requires the corporation to purchase the domestic political process (as above) with individual nations allowing the exploitation in varying degrees. As such, the corporate lobbyists pay hundreds of millions to politicians for changes in policies and regulations; one sector, one product, or one industry at a time. These are specialized lobbyists.

In Mexico and underdeveloped countries when government officials take payments from companies, cartels and corporations, we call that system “corrupt”. However, in the U.S. when politicians take the same payments we call it “lobbying”; the process is identical.

EXAMPLE: The Committee on Foreign Investment in the United States (CFIUS)

CFIUS is an inter-agency committee authorized to review transactions that could result in control of a U.S. business by a foreign person (“covered transactions”), in order to determine the effect of such transactions on the national security of the United States.

CFIUS operates pursuant to section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment and National Security Act of 2007 (FINSA) (section 721) and as implemented by Executive Order 11858, as amended, and regulations at 31 C.F.R. Part 800.

The CFIUS process has been the subject of significant reforms over the past several years. These include numerous improvements in internal CFIUS procedures, enactment of FINSA in July 2007, amendment of Executive Order 11858 in January 2008, revision of the CFIUS regulations in November 2008, and publication of guidance on CFIUS’s national security considerations in December 2008 (more)

Bulletpoint #4 ♦ With control over the targeted national industry or interest, the multinationals then leverage export of the national asset (exfiltration) through trade agreements structured to the benefit of lesser developed nation states – where they have previously established a proactive financial footprint.

The process of charging the U.S. consumer more for a product, that under normal national market conditions would cost less, is a process called exfiltration of wealth. This is the basic premise, the cornerstone, behind the catch-phrase ‘globalism’.

It is never discussed.

To control the market price some contracted product may even be secured and shipped with the intent to allow it to sit idle (or rot). It’s all about controlling the price and maximizing the profit equation. To gain the same $1 profit a widget multinational might have to sell 20 widgets in El-Salvador (.25¢ each), or two widgets in the U.S. ($2.50/each).

Think of the process like the historic reference of OPEC (Organization of the Petroleum Exporting Countries). Only in the modern era massive corporations are playing the role of OPEC and it’s not oil being controlled, thanks to the WTO it’s almost everything.

Again, this is highlighted in the example of taxpayers subsidizing the food sector (EBT, SNAP etc.), the corporations can charge U.S. consumers more. Ex. more beef is exported, red meat prices remain high at the grocery store, but subsidized U.S. consumers can better afford the high prices.

Of course, if you are not receiving food payment assistance (middle-class) you can’t eat the steaks because you can’t afford them. (Not accidentally, it’s the same scheme in the ObamaCare healthcare system)

Agriculturally, multinational corporate Monsanto says: ‘all your harvests are belong to us‘. Contract with us, or you lose because we can control the market price of your end product. Downside is that once you sign that contract, you agree to terms that are entirely created by the financial interests of the larger corporation; not your farm.

The multinational agriculture lobby is massive. We willingly feed the world as part of the system; but you as a grocery customer pay more per unit at the grocery store because domestic supply no longer determines domestic price.

Within the agriculture community the (feed-the-world) production export factor also drives the need for labor. Labor is a cost. The multinational corps have a vested interest in low labor costs. Ergo, open border policies. (ie. willingly purchased republicans not supporting border wall etc.).

This corrupt economic manipulation/exploitation applies over multiple sectors, and even in the sub-sector of an industry like steel. China/India purchases the raw material, coking coal, then sells the finished good (rolled steel) back to the global market at a discount. Or it could be rubber, or concrete, or plastic, or frozen chicken parts etc.

The ‘America First’ Trump-Trade Doctrine upsets the entire construct of this multinational export/control dynamic. Team Trump focus exclusively on bilateral trade deals, with specific trade agreements targeted toward individual nations (not national corporations).

‘America-First’ is also specific policy at a granular product level looking out for the national interests of the United States, U.S. workers, U.S. companies and U.S. consumers.

Under President Trump’s Trade positions, balanced and fair trade with strong regulatory control over national assets, exfiltration of U.S. national wealth is essentially stopped.

This puts many current multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding contracted interest of an asset they can no longer exploit.

Perhaps now we understand better how massive multi-billion multinational corporations and institutions are aligned against President Trump.  They want to return to the status quo where they can purchase and control American wealth.  President Trump stands in their way.

How do I know President Trump stands against them? …WATCH:

[Transcript Here]

RELATED:

♦The Modern Third Dimension in American Economics – HERE

♦The “Fed” Can’t Figure out the New Economics – HERE

♦Proof “America-First” has disconnected Main Street from Wall Street – HERE

♦Treasury Secretary Mnuchin begins creating a Parallel Banking System – HERE

♦How Trump Economic Policy is Interacting With The Stock Market – HERE

♦How Multinationals have Exported U.S. Wealth – HERE

New Hunter Biden Emails Show Sales of Influence to Chinese Interests – Millions Paid to Biden Family for “Introductions” and Legal “Assistance”…


Posted originally on The Conservative Tree House on October 15, 2020 by sundance

One of the reasons we are not seeing more DC politicians talking about the Hunter and Joe Biden story is because they too participate in exactly the same system.  It isn’t only Joe Biden, his family and democrats selling influence and assistance to foreign governments; most of the senate and legislative leadership use exactly the same process to build wealth for their family.  At this point all those who remain silent are doing the same thing.

The New York Post has another censored example, this time with China, showing emails between Hunter Biden and his business interests.  The emails show payments to Hunter Biden and his business associates, and Chinese firms providing equity ownership to Joe Biden in exchange for agreements to introduce them to influential DC people who can benefit their business interests.  The intent of the communication is transparent.

New York Post […]  Another email — sent by Biden as part of an Aug. 2, 2017, chain — involved a deal he struck with the since-vanished chairman of CEFC, Ye Jianming, for half-ownership of a holding company that was expected to provide Biden with more than $10 million a year.

Ye, who had ties to the Chinese military and intelligence service, hasn’t been seen since being taken into custody by Chinese authorities in early 2018, and CEFC went bankrupt earlier this year, according to reports.

Biden wrote that Ye had sweetened the terms of an earlier, three-year consulting contract with CEFC that was to pay him $10 million annually “for introductions alone.”  (read more)

♦The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.

It doesn’t.

Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations. Institutions like the World Trade Organization (WTO) and World Bank control trillions of dollars in economic activity. Underneath that economic activity there are people who hold the reigns of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics.

The modern financial constructs of these entities have been established over the course of the past three decades. When you understand how they manipulate the economic system of individual nations you begin to understand understand why they are so fundamentally opposed to President Trump.

In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar. Global markets have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets.

The same is true for “Commodities Markets”. The multinational trade and economic system, run by corporations and multinational banks, now controls the product outputs of independent nations. The free market economic system has been usurped by entities who create what is best described as ‘controlled markets’.

U.S. President Trump smartly understands what has taken place. Additionally he uses economic leverage as part of a broader national security policy; and to understand who opposes President Trump specifically because of the economic leverage he creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club.

Understanding how trillions of trade dollars influence geopolitical policy we begin to understand the three-decade global financial construct they seek to protect.

That is, global financial exploitation of national markets. {GO DEEP}