Putin is Not the Madman – Biden is Just Senile


Armstrong Economics Blog/Russia Re-Posted Oct 16, 2022 by Martin Armstrong

I feel sorry for you for those who believe the propaganda put out to justify a war that Putin is this madman. Be careful what you believe and wish for. You probably think the government really cares about you and your future. You probably still wear masks driving alone, or even when you sleep, and possibly a condom just in case for good measure.

There are those of us who have REAL contacts and who understand REAL geopolitics and the way governments create wars by filling the minds of their people that there are weapons of mass destruction. Now even a former MI6 agent has come out and said the same thing. You better be careful what you wish for. Putin was selected by Yeltsin BECAUSE he was not a Communist and was moderate. Yeltsin was under siege from the communists who did want to resurrect the USSR and the oligarchs who wanted to strip mine Russia for themselves. If Putin was a communist, Yeltsin and his family would have been in prison.

I have all the declassified documents from the Clinton Administration that CONFIRM that Putin was nothing that the propaganda is all about. He NEVER sought to resurrect the USSR. As far as the KGB, he was never high-ranking and quit in 1991 as soon as Russia fell. All of the comments put out there by John McCain were outright lies. I have the security briefing he read and said the opposite because he was a Neocon who just wanted endless wars.

So you can believe all the BS. They need you to do that to wage war and offer your life on their altar of political agendas. If you think you will be an armchair general and watch this war on CNN, sorry. It will come to a neighborhood near you. I just thank God I am not 18. The future these people want is total insanity. The Weimar Republic in Germany took place because it was a revolution against the imperial government that always waged war. We face the same fate when the people realize this has been a mountain of lies for a political agenda. When Zelensky came to power, he promised peace. He was then instructed by the West that was not acceptable. The West promoted the civil war in Ukraine.

It is the hardliners putting pressure on Putin because he has been “too soft” on Ukraine. Replace Putin and we will get World War III. Zelensky better pack his high-heels in an emergency exit bag.

Zelensky Still Pushing to Start World War III


Armstrong Economics Blog/Ukraine Re-Posted Oct 16, 2022 by Martin Armstrong

Ukraine is doomed unless it removes Zelensky from power. I have warned that this guy whose only qualification is to dance in high heels, is a threat to the entire world. The West has cheered him and has been using the Ukrainian people as cannon fodder for their war to conquer Russia is endangering everyone, everywhere. His latest plea is for the West to send troops to guard the border with Belarus. Vladimir Makei, Belarusian Minister of Foreign Affairs, has responded that deploying a mission of representatives of Western countries on the Ukrainian-Belarusian border would be equivalent to “these third countries directly engaging in the Ukrainian conflict.” Indeed, Zelensky knows what he is asking for and has already said many times that World War III has already begun.

Zelensky has his hundred of millions stashed offshore. The Ukrainian people better wake up. Their country will be left in total ruin and the flow of billions will come to an end. War ALWAYS costs more lives of civilians than soldiers. That is true of every war from World War I to Vietnam. This is a proxy war by Neocons who just hate Russia and push for its extinction. I have been warned that their designs will fail. They think they can conquer the world like Napoleon waging war neatly one at a time. That will fail. China will NOT stand by and allow Russia to be defeated for they know they will be next. This is total insanity, and there seems to be no leader anywhere who dares to even suggest peace. China has also told its citizen to leave Ukraine now. The window is closing and if the Ukrainian people think this high-heel dancing head of state will stand there with the last man, they are dreaming. He will have his private jet waiting to take him to his blood money.

To those Ukrainians living in Germany and thinking there will be something to return to, you better think again. Beware of November.

Crimea


Armstrong Economics Blog/Ukraine Re-Posted Oct 16, 2022 by Martin Armstrong

Canadians Beware


Armstrong Economics Blog/Canada Re-Posted Oct 14, 2022 by Martin Armstrong

QUESTION: Martin

If we are going to have a war is my money safe in my Canadian banks, or should I have some cash?

Regards

ANSWER: Canadians should keep some US dollars in cash. Trudeau canceled high-value notes. As of January 2021, he obtained the power to cancel Canadian currency as they do in Europe. Once that power was exercised, he would do it again. He is entirely on board with Klaus Schwab and this agenda of the World Economic Forum is intentionally pushing for war with Russia.

As I have said, Putin had ZERO intention of conquering Ukraine. This has been a propaganda war. The first thing you do is take down the power grid. I think if war is to come, Putin can wipe out Europe very easily – take down the power grid. With digital currencies and electric cars, this will only leave society extremely vulnerable as never before. So you want cash, for banks can be shut down by targeting the power grids.

ICC Trying to Justify Charging Putin


Armstrong Economics Blog/Rule of Law Re-Posted Oct 14, 2022 by Martin Armstrong

Sources at the ICC have revealed a shocking account that all the lawyers there are trying to just talk trash to justify charging Putin with war crimes. First of all, they have no jurisdiction over ANY head of state. In addition, Neither the United States nor Russia signed the agreement that would allow any of their citizens to be charged in that court.

Worst still, these absolute morons are GUARANTEEING World War III cannot possibly be avoided. When you start accusing your adversary like this, you have guaranteed there will now NEVER be any peace negotiations. So just get ready. Our computer, unfortunately, has never been wrong. I have tried my best to speak out against this war and all the propaganda that fills the air. We just have to resolve that those in power want war as a diversion from the meltdown in government bonds. They think this war would be conventional and so what if a billion people die – there are too many of us anyway from their perspective.

Some say we deserve it for voting in people like Biden, Trudeau, and all the other incompetent world leaders. Maybe they are right. Even Macron of France called Biden’s Armageddon Speech insane. The ICC has lost all credibility as they try to pretend to be tuff.

Retail Sales Growth Drops Below Rate of Inflation, What Does That Tell You?


Posted originally on the conservative tree house on October 14, 2022 | Sundance 

You often hear me talk about how financial pundits and economic analysts are disconnected from Main Street.  Today we get a prime example of that from the Wall Street Journal.

The topline of the WSJ article is essentially that people are not spending money on anything except essential goods (housing, energy, fuel, food, etc), which is somewhat of a ‘duh tell us something we don’t know‘ type article.   However, the analytical part of the article is where you find the insufferable disconnect.   Here’s one example:

[Data Point 1] Gasoline prices dropped in September for the third month in a row, falling 4.9% from August.”  [Data Point 2] Sales at gasoline stations, a proxy for spending by car owners, declined 1.4% last month.” 

If gasoline dropped 4.9% in price, but sales only declined 1.4% that would indicate more physical gasoline was purchased at a lower price than the month before.   It’s not a hard concept to understand.

This is a retail sales reality even identified in the article itself, “Unlike many government reports, retail sales aren’t adjusted for inflation, so some swings reflect price changes rather than shifts in the amounts purchased.”

However, now look at this:  “Spending at restaurants and bars grew 0.5% in September from the prior month. But prices at restaurants grew 0.9% in the same month, according to a separate Labor Department report released Thursday, meaning that consumers are getting less for their spending.

No, that’s not what this means.

If restaurant prices increase 0.9%, but restaurant sales only increase 0.5% it means you are selling/serving fewer customers.  It doesn’t mean consumers getting less food, it means fewer consumers are eating at restaurants….   Which is caused by consumers having to prioritize their spending.

(WSJ) – […] Spending declined in categories linked to big purchases like cars, televisions, beds and golf clubs. Purchases at electronics and appliance stores declined 0.8% in September while spending at furniture stores fell 0.7%.

[…] Scott Brave, the head of economic analytics for Morning Consult, said consumers have started to pull back on optional purchases while still spending on the essentials.  “They are having to make tough decisions,” he said. (more)

STEVE BANNON: WE ARE NEARING A FINANCIAL CRISIS – THIS IS WHAT IT MEANS FOR THE AMERICAN PEOPLE


The Charlie Kirk Show Published Originally on Rumble on October 12, 2022

Charlie and Steve are both good to listen too

New Interview: The Plot to Seize Russia


Armstrong Economics Blog/Armstrong in the Media Re-Posted Oct 14, 2022 by Martin Armstrong

Watch the video above or click here to listen to my latest interview.

Commentary from Rico Potkaars:

"Historian and Economist Martin Armstrong, as a computer programmer created the system called socrates that analyses history, current affairs and the flow of money and extrapolates to what may lie ahead. It gave him the nickname ‘the Forecaster’ and a documentary that to this day is forbidden in the USA.

Armstrong through FOIA retreived information from the Clinton Library about what happened after the Soviet Union fell. He’s written that down in a book called ‘the Plot to Seize Russia.

In this interview we discuss his upcoming book, the current state of collapsing global finance and the inescapable war on Russia as a result of that.."

NBC Nibbles Carefully During Report on Fall Harvest Inflation


Posted originally on the conservative tree house on October 13, 2022 | Sundance

In this brief segment on fall harvest inflation, NBC notes consumer prices for food stuffs continue increasing regardless of the economic action by the Biden administration. The reason is very simple and is outlined within the segment by Jacob Goebbert, the Goebbert’s farm general manager.  WATCH:

.

The current inflation is embedded in the cost of products, because it’s a supply side issue.

Financial “experts” can shout all day long about the fiscal policy (spending) being the origin of inflation (ie. demand side), they’re wrong.  Our current inflation cycle, most notably evident within massive increases in food prices, is a supply side issue created by the increased energy costs.  Full stop.  It’s a Biden policy outcome.

Social Security Administration Announces 2023 Cost of Living Adjustment (COLA) at 8.7 Percent, Biggest Inflation Driven Increase Since Jimmy Carter Era


Posted originally on the conservative tree house on October 13, 2022 | Sundance

Joe Biden’s economic and energy policies have resulted in another record matching former President Jimmy Carter.  The Social Security Administration (SSA) has announced an inflation driven increase in SAA benefits of 8.7% beginning in January 2023.  This is the largest cost of living adjustment in 40 years.

(Social Security Administration) – Approximately 70 million Americans will see a 8.7% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2023. On average, Social Security benefits will increase by more than $140 per month starting in January.

Federal benefit rates increase when the cost-of-living rises, as measured by the Department of Labor’s Consumer Price Index (CPI-W). The CPI-W rises when inflation increases, leading to a higher cost-of-living. This change means prices for goods and services, on average, are higher. The cost-of-living adjustment (COLA) helps to offset these costs.

We will mail COLA notices throughout the month of December to retirement, survivors, and disability beneficiaries, SSI recipients, and representative payees. But if you want to know your new benefit amount sooner, you can securely obtain your Social Security COLA notice online using the Message Center in your personal my Social Security account. You can access this information in early December, prior to receiving the mailed notice. Benefit amounts will not be available before December. Since you will receive the COLA notice online or in the mail, you don’t need to contact us to get your new benefit amount.

If you prefer to access your COLA notice online and not receive the mailed notice, you can log in to your personal my Social Security account to opt out by changing your Preferences in the Message Center. You can update your preferences to opt out of the mailed COLA notice, and any other notices that are available online. Did you know you can receive a text or email alert when there is a new message waiting for you? That way, you always know when we have something important for you – like your COLA notice. If you don’t have an account yet, you must create one by November 15, 2022 to receive the 2023 COLA notice online. (more)

A 25% increase in the rate for those who qualify for federal food stamp assistance….

An 8.7% increase in the rate for those who qualify for Social Security benefits….

Meanwhile real wages decreased 3.8% in September and the borders are wide open for cheap labor to pour in.