NATO only Threatens War – Europe is Not Interested in Peace


Posted originally on Mar 26, 2025 by Martin Armstrong 

NATO threatens WWIII 2025_03_26

There is not a single European leader who has made a statement. All they constantly do is insult and threaten war. NATO Secretary-General Mark Rutte said: “If anyone were to miscalculate and think they can get away with an attack on Poland or on any other ally, they will be met with the full force of this fierce alliance. Our reaction will be devastating,” he declared in Warsaw. “This has to be very clear to Vladimir Vladimirovich Putin and anyone else who wants to attack us.”

They know nothing about military strategy, nor are they interested in peace. Instead, they want war and will create a false flag to achieve that goal. Europe is in very dire condition. Cyclical Storm Clouds are gathering. The Eurozone has reached a dramatic inflection point, and the refusal to address the debt consolidation from the outset has put Europe at risk for a severe sovereign debt crisis. But the stakes today are incredibly high. If one member fails, this will disrupt everything, weakening the Eurozone beyond repair.

Constantly threatening war and a single attack on Poland will bring a devastating retaliation if you are pushed to that point. You MUST attack the entirety of the Eurozone. You would need to take out NATO headquarters before they could even run to their bunkers.

Sun Su Art of War Know Your Enemy

Putin criticized Lenin, saying he was not a statesman; he was just a Bolshevik. You can now say the same about all of these European leaders. There is not a single statesman among them. These morons are placing the entire world at risk because they think threats work. History demonstrates that it will never work. They neither understand Russia. Worse still, they certainly do not understand themselves. They have waged a proxy war against Russia via Ukraine and think they can defeat Russia conventionally, and their threats will prevent a nuclear exchange. This proxy war guarantees this will be WWIII.

Mississippi Eliminates the Income Tax


Posted originally on Mar 24, 2025 by Martin Armstrong 

1913 Income Tax

Good news for the people of Mississippi—lawmakers have finally removed the state income tax. Mississippi is now joins Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Washington, Texas, and Wyoming in eliminating this excessive and predatory taxation practice.

The first income tax was created in 1861 during the Civil War as a mechanism to finance the war effort. In addition, Congress passed the Internal Revenue Act in 1862, which created the Bureau of Internal Revenue, an eventual predecessor to the IRS. The Bureau of Internal Revenue placed excise taxes on everything from tobacco to jewelry. However, the income tax did not last and was not renewed in 1872. In the Springer v. United States 102 US 586 (1881), the Supreme Court upheld the income tax.

The origin of the current income tax on individuals is generally cited as the passage of the 16th Amendment, passed by Congress on July 2, 1909, and ratified February 3, 1913. It was on June 16, 1909, President William Howard Taft, in an address to the Sixty-first Congress, proposed a two percent federal income tax on corporations by way of an excise tax and a constitutional amendment to allow the previously enacted income tax.

Once this Marxist concept of direct taxation was created, then the government must know everything we do, track us for it assumes we all cheat and lie, and in the process, it is hunting money globally to the point that world economic growth has been declining.

Those against Mississippi eliminating the income tax are proponents of big government. They are concerned that the lost revenue will hurt the public sector and low-income residents will be disproportionately burdened as other taxes are likely to rise. Yet, eliminating the income tax will directly lead to Mississippians receiving a larger take-home pay. Businesses, especially small businesses, end up taking on this tax as is passed through from entities to the individual owner who is unable reinvest those funds into his or her company. Businesses will now have the ability to become more competitive and attract a more desirable workforce.

The state has until 2037 to determine how to manage its budget without robbing its citizens and punishing workers. Income tax will fall from 4% to 3% in 2027 and then will see a 0.3% reduction until it is eliminated entirely.

Income tax is a relic of failed economic policies that governments refuse to abandon because it gives them direct control over the wealth of the people. When you tax income, you reduce incentives to work, invest, and innovate. Governments use the tax as a reason to continue perpetual spending that always leads to deficits. States do not need this tax to function. States need to operate within their means to function without punishing the people for fiscal mismanagement.

Nations Issue Politically Charged US Travel Advisories


Posted originally on Mar 24, 2025 by Martin Armstrong 

airplan air travel airtravel

Numerous nations are warning their citizens not to travel to the United States ahead of the busiest months for tourism. These are not true travel warnings but fabricated suggestions to deter people from visiting the United States for political reasons. These “advisories” are making worldwide headlines as the world turns its back on America.

Globalist leaders disagree with America’s policy of securing the border. “A criminal conviction in the United States, false information regarding the purpose of stay, or even a slight overstay of the visa upon entry or exit can lead to arrest, detention, and deportation upon entry or exit,” Germany’s foreign ministry stated. Yet, anyone visiting a foreign nation must meet these same requirements and could be denied entry for an array of reasons.

Three German citizens were separately denied entry in recent weeks, and their stories made worldwide headlines. This is standard operating procedure, as these travelers had incorrect papers. The same instance happened with a woman from the United Kingdom who was denied entry for having an incorrect visa. Again, none of this is new or a cause for concern.

Still, the United Kingdom issued a warning to potential travelers. “You should comply with all entry, visa and other conditions of entry. The authorities in the U.S. set and enforce entry rules strictly. You may be liable to arrest or detention if you break the rules,” the guidance reads. Precisely—you must abide by the rules to gain access to a foreign nation.

Denmark’s Ministry of Foreign Affairs has also issued a travel advisory for the United States but for a different reason. The United States now requires passport holders to state their assigned sex at birth—male or female—on their record. There are only two options, and yes, this is a safety concern. Someone could easily create a fake identity to enter on illegal grounds. Customs officers must see identification that matches the person in front of them. Denmark is now warning citizens that they could face discrimination.

Other nations like Canada have unofficially advised citizens to take precautions when visiting the United States.

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research found that the tourism sector added $2.36 trillion to US GDP in 2023, a 7% increase from the year before. Over 18 million Americans are employed in this crucial sector.

These advisories are not intended to protect the people. There is no danger in visiting the United States. In fact, Europe has increased its entry requirements more so than the United States, but Trump derangement syndrome has spread like a pandemic.

SCOOP: OMB Will Start Impoundment, Steve Bannon Discusses Existential Threat Of Debt


Posted originally on Rumble By Bannon’s War Room on: Mar 22 2025, at 1:00 pm EST

Why the Fed Cannot Reduce Rates to Offset Tariffs


Posted originally on Mar 21, 2025 by Martin Armstrong

Interest Rates Percent

President Donald Trump is urging the Fed to cut interest rates to offset the inflation that will be caused by tariffs. “The Fed would be MUCH better off CUTTING RATES as U.S.Tariffs start to transition (ease!) their way into the economy,” Trump wrote. “Do the right thing. April 2nd is Liberation Day in America!!!” Reducing interest rates will NOT offset inflation caused by tariffs because the two variables are not directly related.

Tariffs increase costs due to supply, while interest rates influence demand. When tariffs are imposed, the cost of imported goods rise, increasing prices for consumers and businesses. This cannot be offset by lowering interest rates, as rate cuts stimulate borrowing and investment rather than addressing price increases caused by trade barriers. In fact, lower interest rates can exacerbate the problem by weakening the currency, making imports even more expensive, further fueling inflation.

Historically, tariffs have led to stagflation—rising prices combined with economic stagnation—rather than the demand-driven inflation central banks typically target. The Smoot-Hawley Tariff of the 1930s, for example, severely disrupted global trade and worsened the Great Depression. Similarly, Trump’s trade war with China during his first term did not lead to any economic boom but instead forced businesses to adjust supply chains, raising costs for consumers.

Lowering interest rates in this environment offsets capital flows, decreasing confidence and weakening the purchasing power of the currency. The result is a cycle in which consumers face higher costs while the central bank loses the little control it has to manage inflation. The idea that the Fed could actually control inflation is based on outdated Keynesian economics concepts that were drafted when the US had a balanced budget. Now, most demand comes from the government itself, the largest borrower and creator of debt. This is why Jerome Powell spoke out against Joe Biden for creating the largest spending package in US history and multiplying the public sector. The government will never pay off its debts, and the interest payments on that debt alone have been astronomical.

Relying on rate cuts to counter tariff inflation ignores the root cause of the issue. The real solution lies in reducing trade barriers and not relying on tariffs to increase the demand for domestically made goods.

Transitory Tariff Inflation?


Posted originally on Mar 21, 2025 by Martin Armstrong 

Powell Jerome

Fed Chair Jerome Powell said he expects inflation to be “transitory,” a word reminiscent of America’s situation three years ago when the Fed repeatedly urged the public to underplay inflation as it would improve. Conditions did not improve, as we later learned, and the Fed will have a hard time convincing the markets that this time is different.

“It can be the case that it’s appropriate sometimes to look through inflation, if it’s going to go away quickly, without action by us, if it’s transitory,” Powell said. “That can be the case in the case of tariff inflation. I think that would depend on the tariff inflation moving through fairly quickly and, critically, as well on inflation expectations being well anchored.”

Consumer spending is crucial to the US economy. Retail spending in February increased 0.2% after declining 1.2% in January, according to the Department of Commerce, but fell beneath predictions for a 0.6% monthly increase. Total sales from December 2024 to February 2025 rose 3.7% from the same period one year ago, but growth remains minimal.

People do not spend when confidence is low. The University of Michigan’s consumer sentiment survey indicated a 10% decline in consumer sentiment this March compared to February, citing a “high level of uncertainty.”

The National Federation of Retailers stated that February sales had slowed as a direct result of tariff threats. “Consumer spending dipped slightly again in February due to the combination of harsh winter weather and declining consumer confidence driven by tariffs, concerns about rising unemployment and policy uncertainty,” NRF President and CEO Matthew Shay said. “Unease about the probability of inflation and paying higher prices for non-discretionary goods has the value-conscious consumer spending less and saving more. But for the moment, year-over-year gains reflect an economy with strong fundamentals.”

Retail is America’s largest employer in the public sector, adding $5.3 trillion to annual GDP. One in four Americans, 55 million people, are employed through this crucial sector.

Naturally, the cost of living is causing much upheaval as people spend more on less and save what they can. It would be ignorant to say that tariff disputes do not have a direct negative impact on the economy. Powell likely coined a new term, “tariff inflation,” which I expect we will hear more frequently.

German Govt Warns Travelers Not to Break U.S Law During Trump Administration or They Might Lose Visa Access or Future Entry


Posted originally on CTH on March 20, 2025 | Sundance

The funny thing is that EU countries are viewing this statement from Germany as if it is a negative assertion against President Trump.

The German government, and newly elected German Chancellor Friedrich Merz, is warning its citizens that if they travel to the United States they should be careful not to break the law.

German Chancellor Friedrich Merz warns travelers that violating U.S. law while President Trump is in office, might get them removed from the U.S. or lose their visa entry privilege.

BERLIN — The German government has sharpened its travel advice for the United States.

According to its website, Berlin’s Foreign Office now warns its citizens that tougher immigration enforcement under U.S. President Donald Trump could land travelers in detention or see them face deportation.

It updated the guidance after several German nationals were detained at U.S. entry points, some held for days before being sent back. Officials now explicitly warn that even minor infractions — such as overstaying a visa or misstating travel plans — could trigger immediate deportation or a ban on future entry. (read more)

This is a major story throughout the EU gaining widespread attention.  Yet, to be brutally honest I thought it was a spoof article at first.  Apparently, most Germans believed they could break the law in the USA without any consequence.

This feels like some kind of ‘winning’, but I’m not exactly sure how to define it. 😂

Schumer Mocks “Greedy” Americans for Questioning Taxation


Posted originally on Mar 20, 2025 by Martin Armstrong 

Minority Leader of the US Senate Chuck Schumer admitted on national television what the government thinks of the people—your money belongs to them. “Their attitude is, ‘I made my money all by myself. How dare your government take my money from me?’” Schumer stated in a mocking tone.

“I don’t want to pay taxes. Or, I built my company with my bare hands. How dare your government tell me how I should treat my customers, the land and water that I own, or my employees?” Schumer, with an estimated net worth of $81 million, continued. “They hate government. Government’s a barrier to people, a barrier to stop them from doing things. They want to destroy it. We are not letting them do it, and we’re united. Okay.” This further emphasized his view that certain individuals see the government as an obstacle and wish to dismantle it.”

People hate the government due to career politicians like Schumer who believe they have the right to control the people through excessive taxation. Schumer and others who constantly push for tax increases genuinely believe that the people are stealing from the government. Forget that you pay taxes on everything you own, sell, and save—the government needs MORE to fund agendas that the people do not vote on.

DOGE has been highlighting how utterly irresponsible and reckless government spending has become. No one voted to fund transgender care in Bangladesh, for example, or the infinite funds sent to secure foreign borders. The Constitutional protection of no taxation without representation has been eliminated. It matters not how much the government collects from the people as it will NEVER be sufficient to cover their spending, let alone the national debt that is a ticking time bomb.

schumer TIME cover R

Then you have people like Chuck Schumer who have NEVER held a job outside of politics and could not be further removed from the valid concerns of the people he claims to represent. He has made his fortune through LOBBYING and CORRUPTION off the backs of those who actually WORK and contribute to our economy. These are the swamp creatures who repeatedly raise our taxes, year after year, and hypocritically mock us for desiring a better quality of life.

Direct taxation is what the Founding Fathers in the US forbid. Politicians are destroying the world economy and this issue is certainly not unique to America. The Common Reporting Standard (CRS) is an information standard for the automatic exchange of tax and financial information on a global level. It was put together by the Organisation for Economic Co-operation and Development (OECD) back in 2014. Its purpose was to hunt down tax evasion primarily for the European Union. They took the concept from the US Foreign Account Tax Compliance Act (FATCA), which imposed liabilities on foreign institutions if they did not report what Americans were doing outside the country.

The globalist trend toward Marxism where “you will own nothing and be happy” is precisely why our computer believes we are in for a complete change in the structure of government. Beforehand, we will see governments attempt to collect MORE from the people through new and increased taxes. The left wishes to increase the public sector so that everyone is utterly dependent on the government for survival. CBDC will create a cashless society to ensure governments can track and collect money instantaneously, as the main premise behind CBDC is the belief that the people should be paying at least 35% more to our overlords.

Nations crumble when governments continually rob the people through taxation.

Powell – The Fed- Inflation – Recession


Posted originally on Mar 20, 2025 by Martin Armstrong 

Powell Jerome

Jerome Powell kept rates unchanged as our computer was projecting. However, he did weigh in on the state of the US economy, pointing out that Donald Trump’s policies were one reason why inflation is turning back up. He also reduced the Fed’s 2025 growth projection, noting that uncertainty around the slowing economy is increasing. The Fed is well aware of the Economic Confidence Model. Both Canada and the Fed started to lower rates when the ECM was turned down last May.

935 ECM 2020 2028

Powell said, “Inflation has started to move up,” adding that “there may be a delay in further progress over the course of this year.” The confusion people have is that, as I have pointed out before, government employees are counted TWICE in GDP. First as total government spending and second as total personal income. So, firing government employees will have a large,r more exaggerated impact on GDP going forward.

US_Discount_Rate M Array 3 19 25

Investors have reacted negatively to Trump’s global trade war and the mounting retaliation from abroad. What they fail to grasp is that the main reason companies left the USA was over worldwide taxation. American companies were always at a disadvantage when compared to Europeans competing in the world market. The S&P 500 fell nearly 10% from mid-February because of the failure to understand the real trade impact of the high tariffs. Trump, meanwhile, has perhaps promoted recession fears, with the Republican saying the economy faces a “period of transition” and that his tariffs will eventually mean more US jobs.

Civil Work Force

Socialist academic economists do not look beyond our shores and say that Trump’s tariffs will be a significant loss. They compare this to the Smoot-Hawley tariffs of the 1930s, blaming them for the Great Depression because they are incapable of thinking about two variables simultaneously. The tariffs were primarily on agriculture because the Dust Bowl reduced crops, and Europe offered them cheaper. The economy was 41% employed in agriculture, and that is why unemployment soared to 25%. No legislation could have made it rain.

US_CPI Y Array 3 19 25

Powell admitted that recession odds had moved up but weren’t high. He disagreed with the University of Michigan survey, which showed a sharp increase in long-term inflation expectations. We agree. Socrates is showing that volatility in inflation was to begin here in 2025 and rise stronger in 2026, but it will be the 2027-2028 period when it becomes critical that it is correlated with our war models.

Gold – Geopolitical vs Inflation


Posted originally on Mar 19, 2025 by Martin Armstrong 

20 gold Roll 1 R

COMMENT: Marty, I spoke to a friend at the __________ bank in NY, and he said on gold, listen to Armstrong. I found that interesting since he was well up there in the Bank’s food chain. He also said this is geopolitical, not inflation.

Kevin

ANSWER: Well, as I have said, gold’s not stopping when it is geopolitical. We gave our price and timing targets. Forget the BS about inflation. Gold is rising for the safe-haven demand as geopolitical tensions increase. Banks that do follow us know that we are bullish on bullion’s safe-haven status as anxiety escalates about the global economy. The fact that the Federal Reserve is poised to keep borrowing costs steady realizes that Keynesian Economics is dead. The rise in interest rates no longer stops inflation because government expenditures rise, and politicians will NEVER reduce spending because the Fed raises rates.