Tag Archives: Multiculturalism

Sep 22 2022

Putin is at War with the West – Not Ukraine


Armstrong Economics Blog/War Re-Posted Sep 22, 2022 by Martin Armstrong

Vladimir Putin’s recent speech is making headlines as people falsely claim Russia is about to launch an all-out nuclear attack. Putin is sticking to his same plan and says it in his opening statement: “The subject of this address is the situation in Donbas and the course of the special military operation to liberate it from the neo-Nazi regime, which seized power in Ukraine in 2014 as the result of an armed state coup.” Russia must now play defense as they are no longer simply battling Ukraine.

Putin stated that in 1991 the West prided itself on dividing the USSR, and believes “now is the time to do the same to Russia, which must be divided into numerous regions that would be at deadly feud with each other. They decided these plans years ago.”

Putin knows that he is fighting a NATO offensive and not simply Ukraine and directly calls out Washington, London, and Brussels. He correctly stated that the West first set out to demonize Russia and spread “Russophobia,” as they did during the Cold War. NATO and the West are now the opponents of Russia in this proxy war, while the Ukrainian people are merely cannon fodder used to usher in this new world.

Putin has been trying to reclaim land since 2014. He had no plan to seize Ukraine, but did want to reclaim the Donbas. This is much bigger than Russia v Ukraine as he fears he must act on the offensive against most of the world’s superpowers who want to seize Russia. They are shoving endless funds into Ukraine because they expect a prize in the end. Putin stated that he attempted peace talks, but the West shot them down because they craved war.

“After the start of the special military operation, in particular after the Istanbul talks, Kiev representatives voiced quite a positive response to our proposals. These proposals concerned above all ensuring Russia’s security and interests. But a peaceful settlement obviously did not suit the West, which is why, after certain compromises were coordinated, Kiev was actually ordered to wreck all these agreements.

More weapons were pumped into Ukraine. The Kiev regime brought into play new groups of foreign mercenaries and nationalists, military units trained according to NATO standards and receiving orders from Western advisers.”

This will not end well; the West made it clear that peace would not be an option. Zelensky is simply the face of a much larger plan at play that involves an ongoing plot to seize Russia, which has been happening behind the scenes for decades.

Sep 22 2022

Federal Reserve Chair Announces Another 75 Point Rate Hike


Posted originally on the conservative tree house on September 21, 2022 | sundance 

Federal Reserve Chairman Jerome Powell announced another 75-point increase in federal interest rates today. This is the third consecutive 0.75 percentage point increase.  Additionally, Fed policymakers have pledged to continue raising rates as high as 4.6% in 2023.

While Powell walked through his reasoning to continue targeting inflation by lowering consumer demand, not once in any of his remarks did he mention energy policy driving up the cost of materials and goods.  The Great Pretending continues. WATCH:

The Fed chair is trying to manage the economic policy transition by reducing economic activity to match intentionally diminished energy supplies.  Lowering economic activity drops demand for energy. Unfortunately, as admitted by Powell on August 26, 2022, in Jackson Hole, this means a period of “some pain” for Americans as the central banks join together in an effort to lower consumption. 

What does “some pain” mean?  It means lower incomes, higher prices, lowered standards of living and more scarce resources.   During this transition to owning nothing and being happy about it, the pain is your wealth being stripped as the economy is intentionally diminished.

We will not be able to afford much; we won’t be able to afford the foods we want; we will not be able to purchase anything except the essentials, and those essentials will cost much more; we won’t be able to vacation, travel, or enjoy recreational activities; we won’t be able to afford any indulgences; but at the end of the process, we will learn to live more meager existences based on lowered expectations needed for sustaining the planet.   Pay no attention to the elites who don’t have those concerns, comrade.

Sep 21 2022

One-Third of Canadians Worried About Daily Expenses


Armstrong Economics Blog/Canada Re-Posted Sep 21, 2022 by Martin Armstrong

Inflation is hurting everyone. The Financial Wellbeing Index for Summer 2022 by Lifeworks found that 29% of 3,000 respondents said they are concerned they can no longer afford daily life expenses. The measure for overall financial well-being fell to 64%, which is the lowest number recorded since the survey began in the winter of 2021.

Those under 40, who have had less time in the workforce to save, are significantly more troubled and are 75% more likely to report worry over basic life expenses. Parents are 40% more likely to be concerned about covering expenses. Perhaps this is why the government is slowly grabbing workers in a socialistic plot – don’t worry, the government will take care of you!

Half of those who expressed concern said that food prices had made the most notable dent in their wallets, while 35% cited gas costs. Nearly a quarter said they are worried about making good on their mortgage payments.

Inflation in Canada reached 7.6% in July, with core inflation up 6.6%. Inflation fell by 0.6% in August on the monthly level but is still up 7% annually. Government is engulfing the private sector, and long-term growth is not a priority for the Trudeau Administration.

Sep 21 2022

The Joe Biden Recession Cancels Christmas for Many Americans, Billions Worth of Holiday Orders Cancelled by Retailers


Posted originally on the conservative tree house on September 20, 2022 | sundance 

Trying to survive current price increases in housing costs, energy costs, electricity costs, food and fuel costs has forced consumers to reevaluate purchasing decisions.  As consumer demand for non-essential items has collapsed, and as Americans dig deeper into their savings just to sustain current unavoidable expenses, major retailers are now cancelling Christmas inventory orders.

On one hand the leaders of large multinationals must pretend everything is splendid; after all, the only acceptable position they can articulate is to support interest rates being raised because demand is just too darned high.  lololol…  pretending.  But on the other hand – those same retailers are furiously trying to calculate how to avoid being stuck with billions worth of unsold inventory.

RetailWire – Walmart, Target, Macy’s and Kohl’s are among retailers that have recently said they are canceling some orders to better balance inventory levels, a replay of a strategy used at the start of the pandemic.

Other steps retailers are using to clear inventories as spending has slowed on some non-discretionary categories are employing markdowns and packing away products for the following year. The elevated inventory levels also reflect intentional over-buying to mitigate shortages and the easing of supply chain constraints.

[…]  Christina Hennington, Target’s EVP and chief growth officer, said steps being taken by the discounter’s buying team include “rigorously reforecasting expectations for the balance of the year and beyond and determining where to reduce future receipts and orders. In some cases, it meant working with vendor partners to reduce our fall receipts in light of our updated expectations. It also meant quickly building compelling promotional plans to drive unit velocity for product we already owned, all with a focus on providing great value and generating excitement for our guests.”

John David Rainey, Walmart’s EVP and CFO, said it had cleared most summer inventory, was reducing exposure in electronics, home and sporting goods, and canceled “billions of dollars in orders” to realign inventories. He said, “Our actions in Q3 will allow us to make significant progress toward rationalizing absolute levels and mix, which will enable our stores to be well positioned ahead of the holiday season.” (read more)

Well positioned Mr Beale. You must say we are “well positioned.”

Where “well positioned” means put loaves of bread and sausages where the flat screen televisions used to be located.

Sep 21 2022

Achtung! Producer Prices in Germany Jump 7.9 Percent in August to 45.8 Percent, Highest Jump in Prices in History of German Economy


Posted originally on the conservative tree house on September 20, 2022

The statistics behind the energy impact upon the German economy, the largest economy in the European Union, are almost unfathomable in scale.  There is no way for the German industrial economy to continue with this level of price pressure.  Stick a fork in the current creation of German industrial products and exports, the inflection point of feasibility for continued production has been crossed.  They are done.

According to release statistics from the German economic ministry, energy prices in August were more than double the same period last year, up 139%.  The monthly increase was more than 20.4% higher than July.  Additionally, producer prices for electricity rose 174.9% compared with August 2021 and by 26.4% in a single month.

This jaw-dropping increase in energy cost has resulted in German manufacturing prices for industrial goods jumping 7.9% in August alone, with a year-over-year increase in the cost to manufacture goods at 45.8%.  That is the highest rate of price increase since Germany began recording their statistics in 1939.

BERLIN, Sept 19 (Reuters) – German producer prices rose in August at their strongest rate since records began both in annual and monthly terms, driven mainly by soaring energy prices, raising the chances that headline inflation will surge even higher.

Producer prices of industrial products increased by 45.8% on the same month last year, the Federal Statistical Office reported on Tuesday. Compared to July 2022, prices rose 7.9%, it added.

The surge was considerably stronger than expected, with analysts having forecast a 37.1% year-on-year rise and a 1.6% monthly rise, according to a Reuters poll.

In July, the year-on-year increase had been 37.2% and in June 32.7%.

Energy prices in August on average were over double the same period last year, up 139%, and 20.4% higher than the previous month, the office reported. (read more)

Once again, my friends…. Pretending meets reality!

What does this mean in practical terms?

Firstly, it means the people within Germany and the larger EU will not be able to afford goods if the increased price to manufacture them is passed on to customers.  German industrial goods, including the heavily dependent auto sector, will hit the market at double the price from last year.  Exported goods, again assuming the government doesn’t provide some sort of subsidy to offset, would also double.

Secondly, it means the prices of used goods will increase in value.  With imported vehicles holding that scale of increased manufacturing price, I would expect to see German automobile dealers in the U.S. sending out incentives to purchase used BMW’s, Audi’s and Mercedes for the products that are not produced in North America.

Lastly, on a global scale, Germany is dependent on selling industrial equipment to Asia and North America in the manufacturing sector.  With declining demand for finished products -the result of inflation- there was already a lowered demand for machinery, machined tools and heavy equipment.  Downward pressure due to a lack of demand, combined with upward price pressure to manufacture the industrial products, creates an even worse scenario.

Right now, Germany is on the cusp of a full-blown economic meltdown, and as we have seen recently German Minister of Economics Robert Habeck (pictured below) has no idea how to handle it.

~ The Pretenders ~

Sep 20 2022

Holy SH*T, this is DEVASTATING and Putin knows it | Redacted with Clayton Morris


Redacted News Published originally on Rumble on September 19, 2022

Vladimir Putin just issued a clear warning on the future of the war in Ukraine on a day when Donetsk saw unspeakable attacks. Lara Logan speaks about the UN’s secret plan to change the face of North America through immigration. Nancy Pelosi goes to Armenia. The Program starts at the 31 minute point.

Sep 20 2022

Live Interview with RT Moscow


Armstrong Economics Blog/Armstrong in the Media Re-Posted Sep 20, 2022 by Martin Armstrong

Live Interview with RT Moscow

I was asked to speak live on RT. Tune in to learn more about inflation, sanctions, war,  the energy crisis fueled by the Green Agenda, and the forever-changed world economy. click here to watch.

Sep 20 2022

Jim Cramer on Bear Stearns (2008)


Armstrong Economics Blog/Economics Re-Posted Sep 20, 2022 by Martin Armstrong

This is a reminder of why I warn against listening to the talking heads. Unlike advanced AI software, these mouthpieces speak from a biased perspective. On March 11, 2008, Jim Cramer told his audience on CNBC’s “Mad Money” that “Bear Stearns was fine!” At the time, the stock was going for $62 before crashing down to $2 only five days later.

When a viewer wrote in to Cramer to ask about Bear Sterns experiencing a liquidity crisis, Cramer shouted: “NO, NO, NO! BEAR STEARNS IS FINE! DO NOT TAKE YOUR MONEY OUT! If there’s one takeaway, Bear Stearns is not in trouble.” He added, “I mean, if anything, they’re more likely to be taken over. Don’t move your money from Bear. That’s just being silly. Don’t be silly.”

Cramer later tried to claim he never said to buy the stock, but was simply discussing the banking sector. He was trying to prevent a panic, he claimed. In reality, this man has repeatedly made poor calls, yet still remains on air. His screaming tirades are interrupted by commercials and his show is nothing more than the QVC of stocks.

Cramer is an entertainer. Even if I were to go on TV and make forecasts solely from my own viewpoint, I would be doing a disservice to my audience. If you’re looking for true analysis, then there is only one tool that is unbiased and capable of tracking every market around the world.

Sep 19 2022

The Mar-a-Lago Event, Part Four


The attached paper is a continuing and reasonable analysis of the events from September 3, 2022 to September 18, 2022 which is an event that will change the Republic forever. In this mad rush to save the planet from total destruction from green house gas emissions from carbon base fuels the worlds politicians are dismantling Western Civilization. Former President Trump is a major obstacle to Klaus Schwab, and his fellow radicals in the World Economic Form (WEF) e.g. George Soros, Bill Gates and Anthony Fauci have decided to take him out any way they can since he is the only one that can stop them.

part-four-of-the-dojDownload
Sep 19 2022

WEF Encourages Eating Expired Food                  


Armstrong Economics Blog/BRITAIN Re-Posted Sep 19, 2022 by Martin Armstrong

Schwab is a rotten man. The World Economic Forum has convinced the UK to remove “best before” dates from food products in an effort to “conserve food waste.” In reality, these sick individuals do not care about human health and need a way to avert attention away from the coming food shortages brought on by their zero-emissions pipe dream.

The UK is set to remove “best before” and labels from around 500 products. When was the food shipped or packaged? It will be up to the consumer to use their best judgment. There are also plans to remove hundreds of “use by” dates on products. “Best buy” indicates the quality of the food, while “use by” indicates whether it is safe for consumption. The WEF insists that these dates are meaningless as it still may be safe to eat expired food. They even claim milk is the third most-wasted product in the UK, which is extremely dangerous to drink if expired.

Expiration dates first appeared in stores post-World War II as large consumer chain markets rose in popularity. Before then, you could talk to the sellers at mom-and-pop shops, and they tended to their products and clients. Perhaps you’d buy directly from the grower, depending on where you lived. You cannot ask an associate at Publix where, say, an apple came from and expect an accurate answer. Food arrives by truckloads now and often is imported from overseas.

So, the WEF would like us to eat bugs and expired foods. Rest assured that the elite will be eating the best, riding in their fossil-fueled powered and heated jets and yachts, and laughing as the rest of us suffer. Governments seem to be on board as they also do not want to admit failure via food shortages.