Tag Archives: Maurice Strong

Nov 25 2018

80,000 Protesters in Paris on the Champs Elysees


Armstrong Economics Blog/Uncategorized

Re-Posted Nov 25, 2018 by Martin Armstrong

The protests in France over rising fuel costs and a general discontent with President Emmanuel Macron’s economic policies as the Euro declines resulted in them setting things on fire and police firing tear gas into the crowds. The police were also firing tear water cannons clashed with protesters in addition to tear gas. The protesters set a trailer on fire which exploded on the Champs Elysees. The protesters even attempted to attack the fire fighters. We are looking at the upcoming elections in France are going to be very dramatic

Nov 25 2018

Riots in Paris Against Economic Policies of President Emmanuel Macron…


Re-Posted from The Conservative Tree House on November 24, 2018 by

The latest signs of economic nationalism -vs- economic globalism surfaced today in France as thousands protest.

Significant riots broke out today amid backlash to the economic policies of French President Emmanuel Macron.  Fueled by resentment over a new gasoline tax, thousand of Parisians took to the streets to protest. [See Daily Mail Article Here]

(Via Reuters) […] The unrest is a dilemma for Macron who casts himself as a champion against climate change but has been derided as out of touch with common folk and is fighting a slump in popularity.

While the movement, which has no leader, began as a backlash against higher fuel prices, it has tapped into broader frustration at the sense of a squeeze on household spending power under Macron’s 18-month-old government.

Since coming to power, Macron has seen off trade union and street demonstrations against his changes to the labor rules, and overhauled the heavily indebted state rail operator. Foreign investors have largely cheered his pro-business administration. (read more)

Nov 23 2018

Woman Sent to Prison for 10 years for Lying about Graduating Elementary School to Get a Job


Armstrong Economics Blog/Rule of Law

Re-Posted Nov 23, 2018 by Martin Armstrong

A Greek cleaning lady was sentenced to 10 years in prison for lying about her elementary school record in a court ruling. Her sentence has outraged the people and rightly so. The 53-year-old woman had worked at a publicly-funded nursery for 15 years until a review in 2014 revealed she had doctored a certificate documenting her primary education. The judge held that the sentence was based upon defrauding the public. What about the politicians who conspired with Goldman Sachs to hide losses that have really defrauded the Greek people?

Nov 22 2018

Merz the Anti-Merkel Stands for Election to Replace Merkel in CDU


Armstrong Economics Blog/Germany

Re-Posted Nov 22, 2018 by Martin Armstrong

Friedrich Merz is the anti-Merkel who is standing for election in December to replace her as head of the CDU. Merz is also chairman of Blackrock there in Germany. He has been a German lawyer and politician of the center-right Christian Democratic Union (CDU). He served as a Member of the European Parliament 1989–1994, a member of the Bundestag 1994–2009, and as the chairman of CDU/CSU parliamentary group 2000–2002. In 2018 he announced his candidacy in the CDU leadership election in December 2018. Merz has described himself as socially conservative and economically liberal which means he is pro-business. He supports the European Union and NATO but sees the link to the United States as critical.

Meanwhile, Merz described himself as “upper middle class” yet he earns 1 million euros a year and has two private jets – not one. The rumor is Goldman Sachs is in its Crash & Burn mode for paying bribes and Blackrock will replace it as the most powerful financial institution in the world.

Nov 21 2018

Italy v EU – November 21, 2018


Armstrong Economics Blog/ECM

Re-Posted Nov 21, 2018 by Martin Armstrong

The event today may be the fact that the EU has now stated it will bring sanctions against Italy for refusing to comply with its demands. So here we have the Pi Target and to the day Brussels has officially rejected Italy’s spending budget on Wednesday, November 21st which opens the door to sanctions. With hindsight, we will perhaps look at this day as the start of a further deterioration of the European Union that has converted a trade union into a centralized dictatorship applying a central theme of austerity to everyone regardless of their economic conditions.

 

Nov 20 2018

Rising 3rd Party Trend


Armstrong Economics Blog/Politics

Re-Posted Nov 20, 2018 by Martin Armstrong

Although the recounts have been going on, the Republicans still seem to be winning both governorships and the Senate. The Blue Wave fizzled out and their victory in the House still produced fewer seats than they held before.

That FOX poll that reported 46% of Republicans identified with Trump rather than the GOP clearly shows that our computer has been correct in not merely forecasting a Trump victory in 2016 and no Blue Wave here in 2018 that would take the Senate and House, but that Trump really is an outsider and interestingly enough is the closest thing there is to a 3rd Party candidate,

The Democratic victory in the House at least placate them from the violence they have been threatening if they lost. But that decorum will not last long. They will turn up the violence into 2020 and as out computer is showing, we may see a significant rise into 2023/4 with more and more people becoming independent. In the end, the question becomes: Is there a Third Party Solution

Nov 18 2018

BREXIT v EU


Armstrong Economics Blog/BRITAIN

Re-Posted Nov 18, 2018 by Martin Armstrong

Dominic Raab, who was the negotiator in BEXIT told the chief whip straight after cabinet yesterday that he would quit. He said the prime minister could still change course and should be ready to walk away with no deal. Naturally, Prime Minister May defends the deal and this is indicative of someone who never supported BREXIT, to begin with.

Meanwhile, Chancellor Merkel said talks to amend the draft agreement were unlikely as a deal was “on the table” and Britain should just walk away and let Europe see the stupidity of their actions. Britain is the biggest market for German cars in Europe. A no deal will devastate the German economy at a critical time when it needs that trade the most.

Nov 15 2018

Raab Resigns from BREXIT negotiations – May is tottering on Losing the PM Post


Armstrong Economics Blog/BRITAIN

Re-Posted Nov 15, 2018 by Martin Armstrong

The British pound has dropped 1% today and is trading in the mid 127 level. The rumor running around the City (the financial sector in London) is that Prime Minister May has called an emergency press conference and she will resign handing power to Michael Grove. However, it may be more likely that  Grove has been offered the job of Brexit secretary in the wake of Dominic Raab’s resignation. Theresa May clearly does not know how to negotiate. Perhaps she should ask Donald Trump to represent Britain in BREXIT negotiations. Thacertainlyin would liven things up and it certainly would end up with a much better deal for Britain.

The pro-BREXIT supporters are demanding a shift in the government’s negotiating strategy first.

Nov 15 2018

BREXIT Nothing Like What the People Voted For


Armstrong Economics Blog/Uncategorized

Re-Posted Nov 15, 2018 by Martin Armstrong

 

The draft deal of Prime Minister May smells really bad. It is clear that politicians are clueless about trade and the U.K. remaining within the (EU) customs union forever is really going to economically tie Britain to the EU without a right to even vote. What they do not get is that trade in the EU is not negotiated with a single government. Every member gets to veto a trade deal which prevents the entire 28 member states from acting in their own self-interest. So Britain cannot cut a trade deal with the USA or China without EU approval. Then the speculation goes that they will have to pay dues with no vote.

If Britain does approve the deal precisely on November 21st, 2018, then out long-term projections for the British pound are most likely going to be right on point. So let’s just hold our breath. Why should this not be absolutely just crazy? That is what we elect politicians with no experience in trading or economics to make major decisions in areas they are unfamiliar with

Nov 14 2018

Want to MAGA? Best to Be a Stan Lee


Published on Nov 14, 2018

Marvel Comic legend Stan Lee died at 95 this week. Bill Whittle Now draws lessons from the super powers of this failed novelist who shaped the culture in life, and will continue to make America better for decades to come. Bill Whittle Now brings you sharp insight on the news of the day, five times each week thanks to the members at http://BillWhittle.com