Posted originally on Jun 12, 2025 by Martin Armstrong
While domestic small businesses suffered under Biden-Harris, Ukraine saw a boost in their small business thanks to billions in grants that were paid for by the US taxpayer. USAID subsidized Ukrainian businesses through co-investment programs, interest rate compensation on loans, cashback incentives for leading equipment, and direct financial support. All in all, USAID’s “Investment for Business Resilience Activity” provided $100 million in investments.
The Bureau of Labor and Statistics was altering data on domestic jobs while other branches of the government were focused on maintaining Ukraine’s workforce. The aforementioned USAID program supported over 1,050 businesses and allegedly saved nearly 18,000 jobs.
USAID was working directly with Ukrainian banks to help lower borrowing costs to small and medium enterprises. Trump immediately halted this program in January 2025. The average person simply does not understand how much money the Biden Administration was sending to Ukraine.
US taxpayers supported the entire Ukrainian government. Over $30 billion was sent to Ukraine in a two-year period to pay for “essential government operations.” Americans were forced to pay for public servants’ salaries, pensions, healthcare, and more. None of this includes the tens of billions spent on military-related items or humanitarian aid.
Americans did not vote to use their public funds in this manner. The domestic economy was suffering from record inflation post-COVID. Domestic entrepreneurs could not secure business loans. There is a clear pattern of one political party prioritizing foreign entities over its own citizens.
Now, the Trump Administration announced that it needs to make additional cuts to Ukrainian assistance. “This administration takes a very different view of that conflict. We believe that a negotiated peaceful settlement is in the best interest of both parties and our nation’s interests, especially with all the competing interests around the globe,” US Defense Secretary Pete Hegseth explained. The complete 2026 budget has not yet been released by the Pentagon, but Hegseth said it “provides a historic level of funding for military readiness, putting (U.S.) warfighters and their needs first.”
Using American funds to prioritize America—what a novel concept. This is why Trump and Vance had a shouting match with Zelensky during his failed Oval Office visit. Zelensky feels entitled to US funding after years of using US public funds as his personal ATM under Biden.
The European Union now funds around84% of Ukraine’s operations. It is expected that the bloc will spend around $40 billion on external financing needs in 2025. The Ukraine Facility instrument provides €50 billion in “flexible support” for Ukraine over a three-year period. They’re using frozen Russian assets to fund this account since the EU simply does not have the money to prop up a foreign government.
This has been an extremely expensive war and it is nowhere near over. I should add that US assistance was all provided outside the regular defense budget. This occurred during peacetime in a war that in no way involved the United States. This is what happens when a foreign nation blackmails the president of the world’s leading superpower.
Biden’s crime family received over $20 million from Ukraine in “influence peddling” schemes. Hunter Biden secured $11 million for his personal company through Burisma. FBI informant, Alexander Smirnov, said under oath that Burisma selected Hunter to “protect us, through his dad, from all kinds of problems.” The text messages stored on Hunter’s laptop revealed that he openly threatened people using his father’s name while his father was the vice president. Joe Biden accepted bribes and altered US policy to support his son and line his pockets. The CCP also had the Biden family in their pocket.
Decreasing, if not ceasing, funding for Ukraine is long overdue. Imagine if those funds were invested in the domestic economy rather than laundered through under-the-table deals. Americans are not responsible for subsidizing Ukraine.
Posted originally on Jun 1, 2025 by Martin Armstrong
The Trump Administration has stated that it was NOT informed in advance. Ukraine was putting out the fake news claiming that they had previously told the Trump Administration in advance. They were most likely trying to scare Putin to prevent him from retaliating, implying that Trump has his back. This was indeed Russia’s Pearl Harbor. Zelensky wrote on X on Sunday wrote:
“Head of the Security Service of Ukraine Vasyl Maliuk delivered a report regarding today’s operation. An absolutely brilliant result. A result achieved solely by Ukraine. One year, six months, and nine days from the start of planning to effective execution. Our most long-range operation. Our people involved in preparing the operation were withdrawn from Russian territory in time.”
Note that Zelensky also goes out of his way to state another lie: “A result achieved solely by Ukraine.” There is absolutely no way Ukraine did this alone. All of the EU was involved, just as MI6 instructed Ukraine to invade with the Kursk maneuver. Claiming Trump was informed in advance but not NATO or the EU after Trump threw him out of the White House, and everyone I speak to on Capitol Hill lost respect for Zelensky after that staged attempt to embarrass Trump into keeping the funding going.
The ruthless Neocon who was the fake Republican on the January 6th Committee that tried to stop Trump from even running for president, Adam Kinzinger of Illinois, also wrote on X: “Important to note: the targeting of Russian bombers is COMPLETELY LEGAL and expected in a war. A response from Russia will target civilians and be a war crime. But it’s Russia. They bombed hospitals in Ukraine and Syria. They are…. A terrorist state.” This is the same guy who claimed NATO can take out Russia in three days.
Let’s make this very clear. These bombers were NOT being used in Ukraine. They were by no means an act of defense. This was an act of aggression – PERIOD!
This is indeed the Russian ‘Pearl Harbor.’ If I were Putin, this is the time to annihilate Ukraine and eradicate it from the face of Europe. Peace will NEVER happen. Putin should now destroy Ukraine to remove it as a proxy war client. Drop the leaflets and give the Ukrainian people 5 days to migrate to Europe. This is akin to Rome’s destruction of Carthage, which put an end to the Punic War and ensured that no city would ever rise there again. Only then will the EU be forced to come out of the closet and admit that it is the real enemy. The US engaged in WWII after Pearl Harbor. That is the magnitude of what Ukraine has done. I would expect Russia to now go on full nuclear alert against the EU.
DEFCON 3
I believe that Russia has now gone to DEFCON 3 out of 5. The wild card is Macron. My sources in Romania confirm that Macron was there for the election to ensure that the EU won and the people of Romania would be the next wave of pawns to die for the EU agenda led by Macron to vanquish Russia. They call Macron the Petite Napoleon. He is behind WWIII and is the leader pushing for war, as is now Germany’s Merz.
This is the picture of the German GDP. Germany could even be the first EU state to crumble. Note that June has been the primary target for the whole year. Look at the Volatility for July and August. Germany is 25% of the EU economy. Speaking to political sources, I am informed that it is now Germany really pushing hard for war against Russia using Ukraine. This is looking really bad with each market you review.
Posted originally on Jun 1, 2025 by Martin Armstrong
COMMENT #1: Hi Marty,
Just observation form Croatia, it is just unbelievable how much lies MSM and Senators like Lindsey Graham are spreading about war in Ukraine.
Lindsey just visited Ukraine and labeled peace talks as a joke and he is saying that Russians are not trying to negotiate. As well he is voicing support for War against Russia and he is saying that Ukraine is not losing war. In my opinion at this stage of the war this is such an obvious lie. It is hard to understand and accept that someone as a USA senator can be so mean and hateful. What price we as USA will have to pay for such a senatorial behavior? For him to spread War Agenda vs Russia and China even thou he is hiding behind statements that he is supporting the peace talks that Trump is pushing, is just very mean.
I am now in Croatia and have to say that nobody here believes that war will spread. Whenever I mention that war will spread and it will escalate in to 2027 people here think that I am crazy. I think that lots of Europeans are the same they will be super surprised when this thing explodes during next year per Socrates.
Regards,
GD
COMMENT #2: Hello, Mr. Armstrong;
Thank you for doing podcasts here in Serbia. I can say that we are getting very concerned when Macron is telling Asia to forget about China and focus on Ukraine, and then Merz is handing NATO missiles to Ukraine, which will attack Moscow. The mood here is viewing the EU and NATO as the aggressors. You know that NATO bombed us into submission because Serbia is generally pro-Russia, since we saw NATO in action, and you are correct, never trust a Ukrainian. Your quote from Churchill is correct that the truth needs a bodyguard of lies to protect it.
Thank you for your courage. So few have that today.
VO
REPLY: The European press is doing everything to downplay the spread of the war spreading. They keep claiming Ukraine is winning and that Russia is failing. They run stories that make it sound as if Putin fears being hanged, as if a single person is waging this entire war. Zelensky tried to assassinate Putin on May 20th. They know the truth. Putin is the ONLY adult in the room, who may not be on Cocaine. Remove Putin, and you will have World War III, for the guys behind him are Russian Neocons.
The European press pretends this war is only about Ukraine. Yet, several European leaders have described the Russia-Ukraine war as a “proxy war,” but the most prominent and consistent figure using this terminology is Hungarian Prime Minister Viktor Orbán. Back in July 2022, in a radio interview, he explicitly stated:
“This is a proxy war: the infrastructure is Ukrainian, but the money and weapons come from America, and the soldiers are Ukrainian.”
Orbán framed the conflict as a battle between the U.S./NATO and Russia, arguing that Ukraine is a “battleground” for larger powers. He has consistently echoed this view, criticizing Western arms deliveries to Ukraine and EU sanctions against Russia. He claims Hungary seeks to “stay out of this war” to protect its national interests.
French President Emmanuel Macron (June 2022) suggested avoiding humiliating Russia, warning that the conflict risked becoming a “proxy war” if diplomatic solutions were ignored. However, he later attempted to back out, clarifying his support for Ukraine’s sovereignty.
Leaders of both Serbia and Belarus (non-EU) have also used similar language, warning that this has been a deliberate strategy to wage war against Russia. The fake news tries to mislead the public, claiming that it is a war of Russian aggression against Ukrainian sovereignty. If that was the case, Putin could have taken all of Ukraine instead of just protecting the Russians in the Donbas, for which he gets criticism from the hardline Russians.
Orbán’s stance has isolated Hungary within the EU/NATO, with critics accusing him of parroting Kremlin propaganda and undermining European unity. However, the EU needs this war and has not taken any measures to resolve the conflict or promote peace. Merkel even admitted that Germany and France never intended to honor the Minsk Agreement that would have prevented this war. Moreover, the NEOCON #1 rule is to avoid communication, ensuring there will never be peace. This is why not a single European leader will talk to Putin. It took Trump to open communications, and they are doing their best to push Trump into this war.
Sun Tzu in his Art of War states that sowing doubt, fear, and discord within the enemy camp is key. However, this is what the fake News and European politics are doing to their own people, pretending that this war is confined to Ukraine vs Russia and will not spread, yet pushing for NATO troops to enter Ukraine, which is starting drafts throughout Europe. A blind man can see that the Fake News narrative is indeed fake when the governments are doing the exact opposite. Putin was fooled once with the Mink Agreement that the West refused to honor, so he would be a fool to agree to any peace deal while they are constantly rearming Ukraine and boosting all their military preparations.
Sun Tzu prioritized indirect knowledge gathering (espionage) and strategic deception over open communication or negotiation with the enemy. His focus was on gaining an overwhelming informational and psychological advantage to win efficiently, often by making the enemy act against their own interests based on false beliefs. Direct communication was generally seen as a potential vulnerability or a lesser tool compared to the power of deception and superior intelligence.
Sun Tzu also advocated Winning Without Fighting. This is the NATO/EU strategy of using Eastern Europeans as pawns to reduce Russia, so they can later walk in without a fight. They are clearly positioning to force Russia to submit or make disastrous mistakes, making battle unnecessary between the EU, letting Eastern Europeans die for their objectives. This is why they intered into the Romanian elections so they too can use Romanians as pawns in this battle to conquer Russia. Trump will NEVER get a peace deal unless he wakes the hell up, for he is being played again by American NEOCONS. They cleverly got the two neutral countries during previous wars to put their citizens at risk for their goals – Switzerland and Sweden.
The Conservative Party leader Kemi Badenoch made the plain statement on Sky News:
“Israel is fighting a proxy war on behalf of the UK, just like Ukraine is on behalf of Western Europe against Russia. We have to get serious.”
While several figures have used the term, behind the curtain, most European leaders and NATO admit the Ukraine war is a “proxy war,” reflecting their unique stance within the EU. This framing remains highly contentious and is widely seen as undermining Ukraine’s legitimacy in defending its territory.
I have supported Trump because he was against the war. I fear he has taken a severe wrong turn and has taken advice from NEOCONS who are still in the closet. His harsh words against Putin are outright provocative, and this is not about negotiating a business deal. If he cannot open his eyes and see that it is the EU and NATO who are sabotaging any peace deal with Russia because they want war and do not give a shit about their own people, then we are watching World War III in the making as our ECM model turns on Monday – June 2nd.
Former Russian President Dmitry Medvedev, on Tuesday, appeared to warn Trump about the possibility of World War III as he is escalating tensions between the nuclear powers. He wrote on the social platform X: “Regarding Trump’s words about Putin ‘playing with fire’ and ‘really bad things’ happening to Russia. I only know of one REALLY BAD thing — WWIII,”Medvedev wrote Tuesday“I hope Trump understands this,” he added.
Medvedev has pointed out Trump’s inflammatory threats on Truth Social. Trump wrote that Putin was “playing with fire” after Sunday’s deadly Russian air strikes on Ukraine. I thought Trump had better instincts than this, but I suppose I was wrong. There can be no peace when the EU is stabbing Trump in the back and has even admitted that, as long as Kaja Kallas, the ruthless, bloodthirsty Neocon in charge of EU foreign policy, has outright said that the EU will not honor any peace deal Trump creates.
Trump will walks us into World War III with this bullshit. Kaja Kallas has openly stated that Russia is too big and it must be broken up. I do not know who is feeding Trump geopolitical advice, but they are manipulating him into World War III. I had hoped I could at last defeat my own computer, but I will fail again. This is not going to end well for the entire world.
Republican lawmakers have encouraged Trump to place additional sanctions on Russia, arguing that economic pressure could cause the Kremlin to ease up on the battlefield. Sanctions have NEVER worked even once in history. All they do is confirm to the Russian people that they are a piece of shit and the West is trying to get them to overthrow their government for what purpose? To allow Macron and his horde of pirates to invade Russia and strip mine its natural resources to propel the EU to the pinnacle of power and leave North America its vasal state?
Trump, who vowed to end the war in last year’s presidential campaign, and against whom the Neocons launched a criminal investigation to stop him, and even Dich Cheney endorsed Kamala for president because he did as she was told. The NEOCONS are in complete control of the EU. They are in Paris and London. If Trump does not know this, then he is being fed FAKE NEWS and it is not CNN, but Neocon sympathizers in his own ranks.
Trump responded when asked whether he was considering sanctions on Russia and Putin, Trump said, “Absolutely. He’s killing a lot of people. I don’t know what’s wrong with him. What the hell happened to him, right?” “He’s killing a lot of people, and I’m not happy with that.”
Trump has stepped up his criticism of Putin when he should be looking in his side and rear mirrors. Stating publicly that Putin has gone absolutely CRAZY was not conducive to a working relationship. I would slam the door on his ass.
If Trump cannot see what Europe is doing, then there is ZERO hope for peace, and the USA will be involved in World War III along with Canada. Putin would have to be insane to agree to any peace deal with Trump, while Europe does not want peace and is using Ukraine as a proxy war, and they do not care if a single Ukrainian survives as long as they take one Russian with them.
Putin should agree to peace when EVERY WU leader, except Hungary, is pushing for World War III? I do not know who is advising Trump, but they are a Neocon still in the closet who can taste Russian blood. The EU will collapse if it does not resort to war to try to unify its members. The EU needs war to stay together, for they can feel the power slipping through their fingers. Every podcast I do in Europe now asks WHEN will the EU breakup, not IF.
Trump is on the wrong side, and he will be the president of a bloodbath. China will join Russia because they know this is a war against NATO, not Ukraine. There is ZERO interest in any peace deal in Europe so Trump is on the wrong side of the negotiations.
Russian Foreign Minister Sergei Lavrov rejected Trump’s proposal of a follow-up at the Vatican, where the president met with Ukrainian President Volodymyr Zelensky in April.
Then we have developments coming from Capitol Hill as House GOP members, including Rep. Marjorie Taylor Greene (Ga.) say the U.S. should pull out of the war, despite a push from Trump and Senate Republicans for more sanctions on Moscow. The Hill reported Greene’s comments:
“With President Trump, both countries could be pursuing a peace deal that would lead to historic trade deals. That would be overwhelmingly incredible for the people of their countries. But instead, they are both crazy and pursue war. Shame on both of these countries and shame on any politician that wants to continue to engage America in more meddling actions in more foreign wars.”
“I along with most Americans want nothing to do with either of these countries while they are at war with one another. And I’ll extend that to any country that wants to engage in war with others. The people of the world want peace and prosperity and that’s what I support.”
Then there is the Neocon Sen. Lindsey Graham (R-S.C.), who is eager to impose harsh sanctions on Russia, which has more than 80 co-sponsors. Graham would be in prison for a hate crime if he weren’t a Senator. Suppose he said that in London, he would be thrown in a dungeon to rot. And this is the impartial advice that Trump is listening to? I hope to God he is not. But I fear my computer will be right again. We are going down the path that leads to hell.
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