Tag Archives: Marxism

Dec 4 2019

German Politics


Armstrong Economics Blog/Germany

Re-Posted Dec 4, 2019 by Martin Armstrong

QUESTION:

Hi Martin,

It can not be said enough: thank you for everything that you do.

I have a question that has been bothering me for some time now. I haven’t had the time to compose it until now.

You often talk of the fact that Hitler was elected with only 30% of the vote, and was allowed to propagate because of it. This changed the face of Europe and the world.

Was this the same for Merkel? Was she allowed, with only 30% of the vote, to open the borders and so change the face of Europe for decades to come?

If so, then Germany, with all its preoccupation about hyperinflation, has misread history and so should have focused on electoral reform rather than austerity.

Thanks, from a dedicated daily reader,

D

ANSWER: Yes, political reform in Germany is really essential. At the very least, it should adopt the French system where the first round of voting reduces the multi-party factions to two. Then the people have to vote between them. In the case of Germany, they form governments from groups to form coalitions. This means there must be compromises in what the people voted for. It is wrong that those compromises are then decided by politicians rather than the people. The next result, someone with only 30% can change the face of Germany and Europe

Dec 4 2019

Conspiracy Against Trump


Armstrong Economics Blog/Conspiracy

Re-Posted Dec 4, 2019 by Martin Armstrong

QUESTION: Are you familiar with Qanon and if so what are your thoughts.
KJF

ANSWER: No I do not believe it. That is a conspiracy theory that there is a worldwide cabal of Satan-worshiping pedophiles who rule the world, essentially, and they control everything. They control politicians, and they control the media. They control Hollywood, and they cover up their existence, essentially. And they would have continued ruling the world, were it not for the election of President Donald Trump. I do not agree with this idea. I think it goes way over the top.

This is again using labels very loosely. Pedophilia is a sexual attraction to prepubescent children. Ephebophilia is the primary sexual interest in mid-to-late adolescents, generally ages 13 to 17 post-puberty. Jeffrey Epstein was engaged in Ephebophilia but perhaps for reasons people have overlooked. He seems to have ensnared famous people into this act for the reason of having power over them in terms of blackmail. If he were truly a pure Ephebophilia for himself,  it is unlikely he would have been so open about it bringing in people like Bill Clinton and other high profile people.

Epstein is dead BECAUSE he would have implicated so many people and most likely the prosecutor did not understand what he was stepping into. Being a simple Ephebophilia in al single personal context would have been a feather in the prosecutor’s cap. The law does not distinguish between Pedophilia and Ephebophilia. However, Epstein had way too many blackmail cards in his deck he believed provided him with protection. They came back on him for there was no way to bargain his way out after being publicly charged in such a manner. The government could NEVER put him on trial so he just had to go.

From this perspective, the plot to power is still that of an individual – Epstein. I have never encountered any group with designs of controlling the world. That is the stuff for megalomania characters in fictional action movies. So why do they have to be Satan-worshiping pedophiles is beyond me. That seems to be just a tactic to dehumanize the people they are talking about.

Pedophiles tend to be sick people, to begin with to the point I seriously doubt they would be able to even fathom controlling the world. Underage post-puberty girls/boys does not involve pedophiles – that is children like 5 to 10-year-old children. That is more of a mental disorder. I believe Epstein was probably into blackmail more than anything else for strategic reasons. I seriously doubt that if Epstein was engaged in pedophilia he would have had as many people joining him. For strategic blackmail reasons, he merely sought to get people involved in Ephebophilia and then used that perhaps to get favors and money. I seriously doubt that many can tell the difference between at 17-year-old girl and a 19-year-old just looking at them these days. So I would think he was deliberately trying to get girls under 18 to provide the means for blackmail.

I think this Qanon conspiracy is just spinning things too far. There are people out to get Trump, absolutely. But I do not see them as Satan-worshiping pedophiles, just power corrupt individuals.

 

Dec 3 2019

2020 Elections to be the Most Violent


Armstrong Economics Blog/Politics

Re-Posted Dec 3, 2019 by Martin Armstrong

QUESTION: The more I read that Trump’s opponents will resort to violence, I am amazed at your computer and how it has been putting all this together years in advance. Are we just pre-programmed somehow?

KF

ANSWER: I do not think it is the people who are pre-programmed. It seems to me that government inevitably turns to corruption. I believe the term limits are the only way to stop this and I am not sure if even that will be enough. What I do see is that given the same set of facts, the people will respond in an identical manner no matter what century we look at. To me, history repeats because the same set of patterns unfold and in the same precise order.

The Democrats are simply moving to extreme measures for socialism. They are turning to violence BECAUSE they have been losing ground. Our model shows that 2020 will be the most violent political election since the 1960s. It really does not matter who wins. Both sides will take to the streets and refuse to accept the victor. This nonsense that Trump is #NotMyPresident has simply invoked the exact opposite position where the Republicans will not accept a Democrat as president. This is what I mean when I say that civilization is collapsing and this leads to separatism.

Categories: Politics
Nov 29 2019

Cheering Up Progressives as They Fail at Everything They Try


From climate change to recycling to health care to capitalism and impeachment, Progressives fail at everything that matters to them. Scott Ott, Bill Whittle and Stephen Green take a crack at cheering up our Progressive friends. Right Angle comes to you fives times each week thanks to the Members who fund it, and who run their own blog and vibrant comments forum at https://BillWhittle.com
Nov 29 2019

The Democrat Ticket That Scares Trump Most: Mayor Pete and Tulsi Gabbard


148K subscribers

Douglas McKinnon writing at TheHill.com says the Democratic ticket that scares President Trump the most is Mayor Pete Buttigieg with Rep. Tulsi Gabbard. Two young, telegenic, military veterans, who can think on their feet and connect through the camera with apparent authenticity — even Bill Whittle thinks they’re the best pairing in the current field. Will the Democratic establishment bypass Joe Biden, Elizabeth Warren and Bernie Sanders to connect with their more moderate base? Does anyone actually frighten Donald Trump? Bill Whittle Now with Scott Ott comes to you five times weekly thanks to our Members who contribute to fund this enterprise, and who run their own vibrant blog and comments forum. Come, meet your people at https://BillWhittle.com

 

Nov 26 2019

Australians Losing All Freedoms to Socialism


Armstrong Economics Blog/Australia & Oceania

Re-Posted Nov 26, 2019 by Martin Armstrong

QUESTION: I live in Australia but seriously considering living elsewhere as our freedoms continue to be eroded, our economy artificially supports to stop property prices corrected as top 4 banks carry estimate 80% exposure, etc, etc.

I love living in Sydney beaches for climate, beaches + surf, incredible quality of raw ingredients for food and a healthy lifestyle. But I believe we are on a downward spiral which may well last a generation or longer.

I’m location independent economically with both Australian and UK passport.

Where my best options to move and make a home where the next 20 years will flourish rather than suffer?

I’m very open to suggestions?

DF

ANSWER: The UK will most likely adopt a worldwide income tax. As an Australian resident, you are taxed on your worldwide income. This means you must declare all income you receive from foreign sources in your income tax return. You might want to look at moving to Thailand. They are outside of the CRS and a very reasonable country, if not the most reasonable in SE Asia. It is hard to say what will unfold there going forward. However, the only thing that is certain is that the West is in the decline & fall mode. The financial power will shift to Asia post-2032.

We have to understand that all the promises of socialism are crumbling to the ground. The governments will become much more aggressive to enforce taxation in a desperate attempt to retain power. That will fail. The only thing this is causing is rising separatist movements and inevitable violence

Nov 25 2019

Venezuela & Guyana


Armstrong Economics Blog/South America

Re-Posted Nov 25, 2019 by Martin Armstrong

COMMENT: Mr. Armstrong; I am from Venezuela and became an American citizen 20 years ago. I have brought my father here to live for his pension in Venezuela will not even buy him a cup of coffee as you have mentioned. I can only wish that the democrats would visit Venezuela and witness first hand what their ideas would do to America. You have a country with the largest oil reserves in the world and even gold reserves yet its people are starving. Qatar has the highest net worth per capita which shows that capitalism is so much better than socialism. You are correct. Venezuela proves governments are incapable of managing a bubblegum machine.

HD

ANSWER: It is truly an example to the entire world. The proven oil reserves in Venezuela are recognized as the largest in the world, totaling 297 billion barrels (4.72×1010 m3). For example, a crude oil contract on the futures market is 1,000 barrels of oil. At $55 per barrel, the notional value of the contract is $55,000. That is 297 million contracts of $16 trillion in reserves. The main coalfields are located in the western Zulia State, on the border with Colombia, and they have known proven reserves of natural bitumen (42 billion tons). On top of all that, they have gold reserves which are estimated to be 10,000 tons (29,166.7 ounces per ton). That is about $40 million per ton or $4 billion. From a resource perspective, Venezuela has more than $20 trillion in reserve values equal to almost the entire US national debt. If they really want socialism, privatize the resources, let professionals manage it, and hand out profits equally to all the people. But no, the government has to control everything.

There is a tiny little country most people have never heard of and assume it is in Africa. In Guyana, they have just discovered oil. This economy is going to explode next year and it will probably be the highest growth in the world. You will quickly see the difference between capitalism and socialism.