Australia and India Form an Alliance to Lessen Reliance on China


rmstrong Economics Blog/World Trade Re-Posted May 5, 2022 by Martin Armstrong

Trade tension between China and Australia has hit a new peak, with Australia now seeking to limit trade with China entirely. Former Australian Prime Minister Tony Abbott said that India will replace China in trade. “For economic reasons, we’re gonna [sic] have to replace China in supply chains and frankly, there is no better substitute for China and so many of their supply chains than India, given India’s very sophisticated manufacturing base,” Abbott stated.

Abbott accused China of “weaponizing trade” and “bribing or bullying other countries around the region.” Australia is now aiming for a $100 billion bilateral trade deal with India. India and Australia entered a free trade agreement in April entitled the “Australia-India Economic Cooperation and Trade Agreement” (ECTA) after over a decade of negotiations. The deal will increase trade between the nations from $27.5 billion in 2021 to $45 billion over the next five years. The agreement also seeks to increase duty-free imports on Indian products and eliminate over 85% of tariffs on Australian goods to India.

China blocked Australian imports during COVID after politicians requested an independent review of the Wuhan virus leak. China later allowed Australian goods to enter the country but increased tariffs significantly. The two nations withdrew from major projects shortly after, such as China’s Belt and Road Initiative.

China recently shut down its largest port and has been contributing to the supply chain crisis. They have had notoriously difficult trade negotiations with most of their largest trading partners. Although the models indicate China will eventually become the financial capital of the world, the road there will be a long one.

Propaganda From a Warzone


Armstrong economics Blog/War re-Posted May 5, 2022 by Martin Armstrong

Politicians are using Ukraine as a photo opportunity. Would the most powerful government officials risk traveling there if Kyiv was under constant attack? Would they publicly stroll the streets in Russia’s alleged top target? Third in line to lead the US, 82-year-old Nancy Pelosi, insisted on putting a wall and armed guards around the US capitol, stating she feared for her life. She had no problem flying to what has been described as an active warzone to take pictures with Zelensky and personally deliver him billions of dollars for a war the media states he is winning. What she actually did was commit the United States to a direct war with Russia and the goal is their destruction not to defend Ukraine. They outright said before the world, that there are no peace negotiations, this is a defacto Declaration of War.

Boris Johnson also did not pass on the photo opportunity. The prime minister of the UK openly walked around Kyiv with the Ukrainian leader. Zelensky made sure to wear his military gear for the photos, although Johnson was in a suit. There were no bulletproof vests, and they did not meet in a secret location. In fact, numerous leaders of NATO nations have visited Ukraine since the war began. The presidents of Lithuania, Latvia, Poland, and Estonia all traveled by train to visit the war-torn country. Many others have visited as well and sent top delegates amid an ongoing war.

Everyone clearly knows where Zelensky is located – including the Russians. There were countless reports of Russian special forces attempting to assassinate Zelensky in the “early hours” of the war. Sources claim that was propaganda. Zelensky never went into hiding. He posts videos from his office in Kyiv and has made his location known. Yet, he claims that he and his family will be assassinated by Putin soon. He has successfully secured the public’s opinion as they see him as a brave leader who is willing to risk his life for his country. If Putin wanted to assassinate Zelensky, he would have done so already. Putin does not want a war with NATO and is moving carefully. However, the West wants war and desperately needs war as stage TWO of the Great Reset for the days of Keynesian Economics are coming to an end. The West has been borrowing relentless since World War II with no intention of paying anything back. The ECB lowered interest rates to NEGATIVE in 2014, and now the entire European pension system is bankrupt. They need this war to blame the collapse of government on Putin as well.

New Jersey Dept of Environmental Police, Set up Snitch Line to Report Contraband Plastic and Styrofoam Users


Posted originally on the conservative tree house on May 4, 2022 | Sundance

Perhaps in the grand scheme of all things facing us, this action by New Jersey may seem a little silly; however, it’s still nuts.

Comrades, starting today it is illegal in New Jersey to have plastic or paper bags in stores for shoppers.  Additionally, restaurants, cafeterias and food trucks are forbidden to serve take-out food in Styrofoam-like products. Also, all retailers must stop selling polystyrene foam products like plates and cups.  Drinking straws require a permit for restricted distribution as monitored by the Department of Health.

To ensure legal compliance within the Garden State, officials in New Jersey have established a snitch hotline for citizens to call the Dept of Environmental Police (DEP) and report dissident violators, while the state ministry of citizen compliance have created a “WARN DEP” app to facilitate easier snitching on your neighbors if you spot them using contraband containers.

“The ban will go into effect [May 4th] nearly 18 months after the law was signed by Gov. Phil Murphy.” ARTICLE

We cannot get to environmental justice without citizen participation, comrades.

Report this rule breaker, there’s an app for that!

Musk Goes Full Galt, Challenges Woke Activists Who Pressure Corporations with Sunlight


Posted originally on the conservative tree house on May 3, 2022 | Sundance 

CTH has been watching carefully for several weeks; looking, reading and observing the expressed priorities of Elon Musk in an effort to evaluate his free speech intents and purposes.  After careful and cautious consideration, I can now say Elon Musk is the closest thing to John Galt in our lifetime.

Today, Mr. Musk drew attention to one of the central cancers. Musk is highlighting the strategy leftists use to target corporations, demand they withdraw advertising dollars, and force them into compliance against any unapproved platform designated by the woke mob.

[CNN Story Here – MMfA Letter Here – Elon Musk Tweet Link Here]

David Brock’s Media Matters for America (MMFA) has organized an activist campaign against companies who advertise on Twitter. [SEE LETTER HERE]  Their intent is to assemble all of the radical activist groups, directly target any company who would advertise on Twitter and by extension force woke compliance by the social media platform Musk is purchasing.

The letter urges advertisers to make their next ad deals with Twitter contingent on changes to platform policy under Mr Musk.  However, Musk is pushing back against the effort by asking, “who funds these organizations that want to control your access to information? Let’s investigate.” He then goes on to tweet, “Sunlight is the best disinfectant.”

(CNN) – Some of the nation’s biggest brands including Coca-Cola (CCEP), Disney (DIS) and Kraft (KHC) are facing calls to boycott Twitter if the company’s soon-to-be owner, billionaire Elon Musk, rolls back content moderation policies limiting hate speech and election misinformation.

In a letter sent to brands Tuesday ahead of the 2022 NewFronts digital advertising conference, more than two dozen civil society groups said marketers should secure commitments from Twitter to retain its most critical policies, including on civic integrity and hateful conduct, and threaten to withdraw funding if Twitter does not comply.

“As top advertisers on Twitter (TWTR), your brand risks association with a platform amplifying hate, extremism, health misinformation, and conspiracy theorists,” the letter said, adding: “Your ad dollars can either fund Musk’s vanity project or hold him to account.” (read more)

Musk has advocated for increased transparency on the mechanisms and algorithms within the Twitter platform, in order to gain public trust.  Everyone knows that Twitter management manipulates the platform based on ideology.  Even the original creator of Twitter, Jack Dorsey, has admitted the political preferences within the company are directly connected to the control mechanisms that have been built within it.

One of the key tell-tale sentences in the MMFA led letter is this:

“Consider the implications of full-scale public visibility into Twitter’s algorithm”..

The left-wing organizations and activist groups are worried about what public disclosure of the Twitter censorship and control mechanisms might mean. As a result of their fear, their strategy is to ask advertising corporations to pressure Elon Musk into keeping the background engineering hidden from review.  There is no incentive for Musk to do that as a private company, except this type of blackmail effort.

The need for control is a reaction to fear.  MMfA and their allies fear a free, open and uncontrolled information platform; and they fear that people will discover just how much has been done to tilt the discussion in their favor by controlling and silencing their opposition.

I can appreciate that Musk is taking the issues of free communication seriously. He is dealing with challenges of incredible consequence, he yet he carries on that battle with a light spirit and does not take himself seriously.  That is a remarkably valuable skillset.

If the full purchase deal can be finalized, Musk will take the company private. However, Musk has also reportedly shared that after a few years of private ownership, he would be willing to make the company a public offering again. Per the Wall Street Journal, “Mr. Musk said he plans to stage an initial public offering of Twitter in as little as three years of buying it, according to people familiar with the matter. The deal is expected to close later this year, subject to conditions including the approval of Twitter shareholders and regulators, the company has said.

[READ THE LETTER HERE]

Why is CASH King in Times of War?


Armstrong Economics Blog/USD $ Re-Posted May 3, 2022 by Martin Armstrong

COMMENT: Dear Martin,

So refreshing to see some theory regarding silver other than crazy goldbugs claiming JP Morgan artificially putting down t silver prices for XX years. Still what I find interesting is the weakness of the US stock market. Bonds getting dumped, Precious Metals getting dumped, EM’s getting dumped so everyone is just holding USD as cash? Take care.

Best,
Sant

ANSWER: In times of war, UNCERTAINTY is always dominant. It is interesting that the Romans’ Temple of Janus had two doors, and in times of war they were left open, symbolizing that the future was uncertain. Hence, the winds of war could pass freely through the temple, warning they could also lose. During times of peace, the doors were closed, symbolizing security. This is why CASH becomes king in times of war. Even the ancient coin hoards are typically stashed during times of war.

While some think that the Cuban Missile Crisis was when Kennedy took the nuclear deterrent to direct confrontation with Russia rather than attacking Cuba, I suggest that they look at the film the “Courier.” Kennedy did not reject the advice of his advisors to bomb Cuba, there was information flowing from a Russian dissenter who was concerned about nuclear war and the ideology of Khrushchev that communism would conquer the world. This is a totally different time. Putin is not a Communist, and he has no desire to conquer the world with an economic theory. Kennedy was following the advice of his advisers, who were NOT advocating to bomb Cuba. They knew they were fighting against an economic theory to conquer the world, which ironically is the objective of the World Economic Forum and Klaus Schwab.

Freezing assets as Biden has done to all Russians is unproductive. Nobody seems to have ever asked, “Have sanctions ever worked?” On July 24, 1941, Tokyo decided to strengthen its position in terms of its invasion of China by moving through Southeast Asia. On July 26, 1941, President Franklin Roosevelt seized all Japanese assets in the United States in retaliation for the Japanese occupation of French Indo-China. That was followed by Pearl Harbor less than five months later. It seems that our leaders are deliberately pushing the world into war. They need to justify the collapse in their fiscal mismanagement of the global economic system.

The dollar rose during World War I and during the Great Depression when most of Europe defaulted on its debt in 1931. The dollar spiked higher in 1940, but then the US government imposed controls during World War II. They even instructed the Fed to buy US debt at par which they finally rejected in 1951. Note that once the controls were lifted, the dollar soared again post-war.

The dollar on a CASH basis has been the safe haven during war, mainly when the rest of the world is collapsing. This war will NOT be a rerun of the last two. Moving to digital currencies will be the kiss of death and render the financial system completely vulnerable to cyber attacks. The last time, there was counterfeiting of an opponent’s currency to undermine its ability to fund its defense. Even the British were counterfeiting the Continental Currency during the American Revolution.

Sunday Talks, Homeland Security Secretary Mayorkas Says DHS Prepared to Facilitate Import of 500,000 Illegal Aliens Per Month


Posted originally on the conservative tree house on May 1, 2022 | sundance 

Skipping past the discussion of the DHS “disinformation board,”….. While appearing on an ironically named CNN broadcast “The State of Our Union”, Homeland Security Secretary Alejandro Mayorkas tells John King’s ex-wife, that for several months (“since Sept 2021″) DHS has been preparing to start handling and processing 18,000 illegal aliens per day (540,000/mo) as soon as CDC Title 42 is lifted.

If DHS estimates are accurate, between now and the November mid-term election, DHS will import an additional 3,000,000 illegal aliens from various nations around the world, through the U.S-Mexico border.

Cumulatively, this arrival estimate will put the number of illegal aliens arriving in the United States during Joe Biden’s first two years in office somewhere north of 10 million people. For scale, that’s an imported group of illegal aliens three times the size of the population of Mississippi.  WATCH:

If his own estimates are correct, in combination with prior arrivals, the aggregate number of illegal aliens will easily exceed 50 million by the end of the year; more than twice the population of Pennsylvania and Ohio combined.  Illegal aliens living in the U.S. will exceed 15% of the total population.

Approximately one-third of the United States workforce will be illegal aliens.

What do you think that scale of illegal labor does to wages?

18,000/day equals 540,000/mo.

Why Are We More Divided Than During the Civil War? | Dennis Prager | POLITICS | Rubin Report


Posted originally on The Rubin Report  Published February 27, 2022 33,229 Views

Dave Rubin of “The Rubin Report” talks to PragerU founder Dennis Prager about the dangers of political polarization, why he is a former Democrat, why people think conservatives are evil, and why black workers always do worse with Democratic policies. First, Dennis explains why this period of political tribalism is so concerning and why the political divide may actually be more dangerous than the civil war. He explains why he won’t be leaving California and joining the blue state exodus to states like Florida and Texas. He also explains how he went from a Jimmy Carter voting former liberal to a promoter of conservative values. Next, Dennis shares a GK Chesterton quote that explains why a secular society may not be as good as it sounds and how secularism can lead to new religions like wokeness. He explains how the left no longer believes in science and how he was mocked on “Real Time with Bill Maher” for pointing out that the left now believes men can menstruate. Now only two years later, Bill Maher is attacking things like the pregnant man emoji. Dennis also explains how successful liberals have been at creating the myth of evil Republicans and why his first Republican vote was one of the hardest things he ever did. Finally, Dennis explains how liberal policies like those enacted by LA county DA George Gascón only make crime and public safety much worse. He shares how even an anti-Trump conservative like Jason Riley can see how Trump’s policies reduced black unemployment, yet black voters ignore this reality and continue to vote Democrat. Why do the crimes of the left by the people like Joseph Stalin and Chairman Mao get forgotten or ignored and who will pay for the lockdown mistake and COVID tyranny?

Australia – One Giant Step for Klaus Schwab – You Will Own Nothing!


Armstrong Economics Blog/Australia & Oceania Re-Posted May 1, 2022 by Martin Armstrong

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Believe it or not, Australia wants to buy your home. Under the scheme, homebuyers will no longer need to pay Lenders Mortgage Insurance (LMI), which will save the people potentially more than $30,000. The initial proposal is they will buy 40% of your home. Like the income tax was only to be for the rich, the end of the story is in fact Klaus Schwab’s Agenda 2030 – you will own nothing because all debt will be wiped out – DEFAULT.

Interview: Corona Investigative Committee


Armstrong economics Blog/Armstrong in the Media Re-Posted May 1, 2022 by Martin Armstrong

Click here to listen to Martin Armstrong’s interview with the Corona Investigative Committee. 

DeSantis – Fire Fauci


Armstrong Economics Blog/Disease Re=Posted May 1, 2022 by Martin Armstrong

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