Tag Archives: Multiculturalism

Oct 10 2022

Dallas Fed: Over Half of Americans Experienced Real Wage Declines This Year


Armstrong Economics Blog/Inflation Re-Posted Oct 10, 2022 by Martin Armstrong

The Dallas Federal Reserve found that the decline in real wages is at a severity not seen in 25 years. Simply put, when adjusted for inflation, American’s paychecks are down despite wages going up. The median decline in real wages surpassed 8.5% this September.

"How severe are the losses for workers experiencing negative real wage growth? For the 53.4 percent of such workers in second quarter 2022, the median decline (that is, half of the declines were larger and half smaller) in real wage growth was 8.6 percent."

After examining real wages over the course of 12 months, the Dallas Fed found that 53.4% of all workers experienced real wage declines. Additional taxes under Biden have added to real wage decline as well. Peter C. Earle of the American Institute for Economic Research estimates that someone earning $70,000 annually now has $4,500 less in buying power in New York. “The bill for the Covid mitigation policies is due,” Earle said. “Record levels of fiscal and monetary policy expansion in the first half of 2020 are wrecking the purchasing power of the dollar. Thus even without a pay cut, wage earners are effectively earning less over time.”

The average median decline over the past 25 years has been 6.5% with real wage declines reaching between 5.7% to 6.8%. Inflation is simply too severe to compensate for any additional wages. The Fed continued to say:

"Despite the stronger wage growth due to the tightness of the labor market, a majority of workers are finding their wages falling even further behind inflation. For workers who experienced a decline in their real wage in second quarter 2022, the median decline was 8.6 percent.

While the past 25 years have witnessed episodes that show either a greater incidence or larger magnitude of real wage declines, the current time period is unparalleled in terms of the challenge employed workers face."
Oct 8 2022

Doctors sue FDA over ivermectin misinformation


Alison Morrow Published originally on Rumble on October 7, 2022

#FDA #Lawsuit #Doctors A group of doctors is suing the FDA, HHS and the men in charge of each agency for interfering in their ability to treat patients. They say the federal departments lied about Ivermectin.

Oct 8 2022

Schwab Getting Desperate? Martin Armstrong Agenda Contributor at WEF


Armstrong Economics Blog/WEF Re-Posted Oct 8, 2022 by Martin Armstrong

OK. I cannot even count the emails coming in on this one.  It seems Schwab has found someone with the same name but is just a journalist, and he has been sending this out to everyone. Look. I began our WEC in 1985. Schwab started his WEF in 1987. Marcus Vetter did the film on me, so Schwab called him and paid him to do a film on him. This has been a back-and-forth ordeal for a long time.

Socrates has been very clear. This New World Order will fail. They also think that they can conquer Russia without a nuke. They have been doing everything possible to try to overthrow Putin and actually think, as always, the people will cheer and give them a ticker-tape parade for saving them. They assumed the same scenario in Iraq, Lybia, and Syria. They really think that they walk on water.

I see international war unfolding, probably post-2024 into 2028. I do not see Schwab’s dream of a New World Order and this one-world economy ever coming off. He will try, no doubt. But we are looking at the collapse of sovereign government debt starting in Europe.

Oct 8 2022

Are We Living in a Simulation? (video)


Armstrong Economics Blog/Uncategorized Re-Posted Oct 8, 2022 by Martin Armstrong

Oct 7 2022

The Japan Outlook


Armstrong Economics Blog/Japan Re-Posted Oct 7, 2022 by Martin Armstrong

QUESTION: Marty, I greatly appreciate all you do to try to prevent this war cycle. You have said many times Socrates beats you. With missiles flying over Japan here, what do you see ahead?

AS

ANSWER: Nice to hear from you. It does not look very good. A year-end closing below 6805 will warn of a major crash in the Japanese yen next year.  I cannot stop the cycle. The best I can possibly do is perhaps reduce the amplitude. Even that is speculative. It just seems that we have insane leaders who care more about defeating Russia for this climate change nonsense. What they are doing to farmers in the Netherlands is insane. They know that the current monetary system is collapsing. They are using the war in hopes of creating an excuse and a diversion from their own sovereign debt defaults – hence you will own nothing and be happy.

All the market look to be cascading into 2023. This is not my opinion. I wish I did not even have to talk about this nonsense. The ray of hope is we get to restart the world economy post-2032. That is when we will hit the control-alt-delete. All I can do is try desperately to get society just for once to look at history and see what systems worked and what failed.

Oct 7 2022

Interview: Sleepwalking To The Gates of Hell with Martin Armstrong


Armstrong Economics Blog/Armstrong in the Media Re-Posted Oct 7, 2022 by Martin Armstrong

Listen above or click here to listen to my latest interview with Outer Limits.

Commentary from Ryan McCormick:

With or without our consent, humanity is being dragged into a horrific third world war. Martin speaks with Ryan McCormick from The Outer Limits of Inner Truth (https://www.outerlimitsradio.com/armstrong2022/) and gives a sobering assessment and forecast of how, why, and what to expect when hell on earth manifests.

Martin also discusses:

·         The likelihood that Americans will be subjected to, and willingly accept a Chinese-style social credit rating system.

·         What the past eight civilizations that have collapsed (with the exception of Egypt post-1250 BC) all have in common.

·         If the push for green energy will fully succeed in the US or only prevail in a limited number of states.

·         When China becomes the epicenter of economic activity by 2032, will it drastically increase it's sphere of influence and political ideologies the same way the US did in post World War II.

·         What form of government in history was most favorable to individual rights and what nations and states will have the most freedom in the future.
Oct 6 2022

Poland Goes Nuclear as NATO Breaks Past Promises


Armstrong Economics Blog/War Re-Posted Oct 6, 2022 by Martin Armstrong

The war in Ukraine escalated as a direct result of NATO’s interference. Russia felt backed into a corner, on the defensive, and felt it had no choice but to invade Ukraine in response to heightened tensions with NATO. Even the pope came out and said that NATO was antagonizing Russia by “barking at the Gates of Russia.”

The North Atlantic Treaty Organization (NATO) originally wanted Russia to join after the Soviet Union was dissolved. Although Russia did not join, relations with NATO were strong. In 1997, NATO reported that they planned to build “lasting and inclusive peace in the Euro-Atlantic area on the principles of democracy and cooperative security” with Russia. NATO also claimed that it would not deploy nuclear measures against Russia.

"The member States of NATO reiterate that they have no intention, no plan and no reason to deploy nuclear weapons on the territory of new members, nor any need to change any aspect of NATO's nuclear posture or nuclear policy - and do not foresee any future need to do so. This subsumes the fact that NATO has decided that it has no intention, no plan, and no reason to establish nuclear weapon storage sites on the territory of those members, whether through the construction of new nuclear storage facilities or the adaptation of old nuclear storage facilities. Nuclear storage sites are understood to be facilities specifically designed for the stationing of nuclear weapons, and include all types of hardened above or below ground facilities (storage bunkers or vaults) designed for storing nuclear weapons."

If peace in the euro area was of top importance, this situation would have de-escalated back in February. Now, bordering countries are increasing their nuclear capabilities. Poland has announced that they are willing to host nuclear weapons provided by the US. The head of the ruling Law and Justice (PiS) party, Jarosław Kaczyński, “fully supports” the proposition. However, Poland is freeing itself of any responsibility. Duda said that the weapons of mass destruction “would not be a nuclear weapon under the control of Poland. Participation in nuclear sharing does not imply having your own nuclear weapon.”

France, the United Kingdom, and America are the only three NATO members with their own nuclear weapons. Yet, they store nuclear weapons in strategic places such as Italy, the Netherlands, Turkey, and Belgium. These countries will be able to strengthen their national security while alleviating the full burden of being in control of nuclear weapons.