Tag Archives: Neocon

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

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 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.

Sep 19 2022

Canada’s Private Sector on the Decline


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

Canada’s job recovery last year seemed strong according to standard measures. However, it was recently revealed that the majority of jobs were created in the public sector. Nearly 9 in 10 jobs created between 2020 and 2021 were in the public sector. Government, not business, is expanding. Between February 2020 and July 2022, private sector growth remained relatively stagnant after posting just a 0.4% increase. The public sector, on the other hand, rose 9.4% in that same period.

So out of the 366,800 jobs added to the economy during the pandemic, only 56,100 were jobs in the private sector. This is not good for Canada’s long-term growth. The private sector has declined from 49.3% to 48.2%, meaning the government is providing jobs for most of the population.

Three million Canadians lost their livelihoods during the pandemic, a 16% contraction, pushing the unemployment rate to 13% from 5.7%. Then the government decided to reopen slowly, very slowly, and brought the majority of the population under their control. You must adhere to all of Trudeau’s mandates as a government employee. The taxpayers help to partially fund these positions and governments cannot manage a bubble gum machine, let alone the livelihoods of the masses.

Statistics Canada recorded a 5.4% unemployment rate for August, an increase from July’s 4.9% posting. Yet, business is not growing. The government now composes a disproportionate number of jobs, and this completely alters the trajectory of the Canadian economy.

Sep 19 2022

Putin: Xi is On My Side


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

China is no stranger to Western alienation and hostilities. Putin is looking to strengthen his alliance with China by affirming that Russia will adhere to China’s domestic policies as long as China repays the favor.  “We intend to firmly adhere to the principle of ‘One China’,” Putin stated as Taiwan has become a hot topic. Putin went on to say that he “condemns provocations by the United States and their satellites in the Taiwan Strait.” China was bordering on neutrality until recently coming under fire for its One China policy. China can now see itself in Russia.

Xi Jinping and Vladimir Putin met this Thursday in Uzbekistan for the first time since Russia invaded Ukraine. Both want to end NATO expansion and agreed to a “no-limits” partnership. Xi warned Biden at the beginning of the year that sanctions on Russia could cripple the global economy. The US warned China to stay out of its affairs but then provoked China by sending leaders like Pelosi to Taiwan. The New World Order first targeted Donald Trump in an effort to remove him from power. Putin is second on their list, followed by Xi.

China knows that the US is in a decline and is strategically placing its finances and policies accordingly. When I met with the central bank of China, they were not bureaucrats – they were traders. When I was asked by people in the US Treasury upon my return what it was like, I responded that they only hired people with experience. They sent everyone to work on trading desks around the world, and then they returned to China to run the central bank. The West hires academics who believe reading a few books is sufficient experience. Similarly, politicians no longer understand diplomatic relations and are willing to sacrifice the economy to uphold petty perpetual disagreements while demonizing opponents.

Sep 18 2022

Defeating The Great Reset


The Charlie Kirk Show Published originally on Rumble on September 16, 2022

Klaus Schwab maybe more evil than bill Gates

Sep 18 2022

Defeating The Great Reset Day 2 – Second Session


The Charlie Kirk Show Published originally on September 17, 2022 

Klaus Schwab maybe more evil than bill Gates