The Fake Analysts Scaring Everyone About the Dollar


Posted originally on Apr 16, 2025 by Martin Armstrong

1900X Y 8 2 2020

QUESTION: We all know who copies your work and pretends it is his. He is out now scaring the world that the dollar is going to crash, for the Chinese are selling dollars. You are the only person with a real database. What is your view on the dollar?

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China holding US Debt 4 16 25

ANSWER: I know who you are talking about. I get emails about him all the time. He likes the notoriety but lacks the staff or the database to provide his self-proclaimed forecasts. I will provide the specifics on the private blog. However, April has been our target for many months. The often people out there constantly calling for the demise of the dollar are MORONS. They never look outside of the United States. They may be claiming that China is dumping dollars, but they began liquidating US debt in the tens of billions in 2013, and accelerated that because of Biden’s Neocons post-2022. They pretend this is something new, all because of Trump. They make it sound like they are on top of this, but where have they been since 2013?

China holding US Debt Array 4 16 25

Trump is fulfilling the cyclical forecast. We have been expecting a sell-off into 2025, which has been the biggest target identified by our computer for the past few years. I have conveyed my concerns to people in Congress. I am not so sure this does not just go over everyone’s head. The volatility will rise even further next year. If we penetrate the 2025 low next year, then this selling of US debt will continue into 2030, if not into 2032. That will be because NATO launches its contrived war against Russia and utterly destroys the European economy and extinguishes the EU.

The JFK Conspiracy Has Protected Neocons for Decades


Posted originally on Apr 8, 2025 by Martin Armstrong 

Garrison Jim mid life armsy

James Garrison served in the U.S. Army Air Forces during World War II, joining the year before the Japanese attack on Pearl Harbor. Jim Garrison’s military career trained him as a pilot and was assigned to the 8th Air Force in Europe. He flew reconnaissance missions over Nazi-occupied territories, contributing to intelligence-gathering efforts. His role involved photographing enemy positions and assessing bomb damage. By the end of the war, he attained the rank of lieutenant and was honorably discharged.

After WWII, Garrison joined the Louisiana National Guard while pursuing his legal education at Tulane Law School (graduated 1949). He remained in the National Guard throughout the 1950s, rising to the rank of lieutenant colonel. He retired from military service in 1957 to focus on his legal and political career. After the war, he obtained a law degree from Tulane University Law School in 1949. He then worked for the Federal Bureau of Investigation (FBI) for two years, stationed with the Seattle office.

His military experience informed his leadership style, but did not directly overlap with his later role as District Attorney of New Orleans (1962–1973). Garrison is better known for his controversial investigation into President John F. Kennedy’s assassination, which overshadowed his military contributions. Garrison’s military career demonstrated a commitment to service, though it remains a lesser-known aspect of his life than his legal and political endeavors.

Khruschev Nikta

Jim Garrison stepped into the middle of the Neocons’ nest of corruption. During the 1960s, they were scheming to get us to (1) invade Cuba, and (2) invade Vietnam. In both cases, they assumed the Russians were behind both and with all of their conspiracy theories that Russia was trying to destroy the United States, thanks to Kruschev’s boast We will bury you, which launched their attempt to seize control of the United States’ foreign policy.

John_Kennedy_Nikita_Khrushchev_1961

President Kennedy violated the NEOCON FIRST RULE – NEVER TALK TO A RUSSIAN!. Kennedy and Khrushchev first met at the Vienna Summit in June 1961. Before meeting face to face, their contact began when Khrushchev sent Kennedy a message on November 9, 1960, congratulating him on his presidential election victory and stating his hope that “relations between [the US and USSR] would again follow the line along which they were developing in Franklin Roosevelt’s time.”

There were some Russians who were anti-Khruschev and risked their lives to inform the US about his plans for Cuba and what became known as the Cuban Missile Crisis of 1962. What the Neocons ignored was that there was a coup in Russia to overthrow Khruschev. They hated all Russians, no matter what.

JFK Willingboro Oct 1960

I was just 10 years old when my father took me to Willingborough, New Jersey, during the 1960 campaign to listen to JFK. I shook his hand, but unlike Bill Clinton, that did not make me want to become president. I remember the hatred of those days. First, it was that the Pope was going to run the United States because he was Catholic. Then later, I remember people calling him a traitor for meeting with Khruschev.

NorthwoodsMemorandum

Then the CIA proposed on March 13th, 1962, to kill Americans to create a false flag to blame Cuba to justify an invasion. This was Operation Northwoods. JFK concluded that these Neocons were deranged, evil, and had no problem killing people to create war. He wanted to terminate the CIA. The CIA was pulling off covert operations that were never authorized. Established in 1961 by President John F. Kennedy to unite several foreign assistance organizations and programs under one agency, statute law places USAID under “the direct authority and policy guidance of the Secretary of State.”

The goal of this agency was to counter Soviet Union influence during the Cold War and to advance U.S. soft power through socioeconomic development. USAID was subsequently established by the executive order of President John F. Kennedy, who sought to unite several existing foreign assistance organizations and programs under one agency. Anyone dealing with Washington has always heard that this was a mega slush fund. It started with the CIA, but the Democrats used it to promote their Marxist agenda. Kruschev was right, our enemy would come from within. Despite Marxism failing every time, the Democrats still preach the class warfare hatred of Karl Marx.

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Then, on June 10th, 1963, after the Cuban Missile Crisis, Kennedy made what has been called his Peace Speech. That seemed to have been the turning point when I would hear people talking, calling him a traitor. Then, about 5 months later,  the Neocons assassinated JFK. John F. Kennedy, the 35th president of the United States, was assassinated while riding in a presidential motorcade through Dealey Plaza in Dallas, Texas, on November 22nd, 1963

Khruschev

Beginning in March 1964, Supreme Soviet presidium chairman and thus nominal head of state Leonid Brezhnev began plotting Khrushchev’s removal with his colleagues. Brezhnev had initially considered having Khrushchev arrested for treason. Cooler heads prevailed, and it was decided that persuading members of the Central Committee to support the ousting of Khrushchev was the better choice to avoid civil war. Khrushchev was absent from Moscow between January and September 1964, allowing the dissent to fester inside Moscow.

Garrison said in response to an NBC program that was highly critical of his pursuit of the alleged Kennedy assassination conspirators in New Orleans. On July 15, 1967, NBC allowed Garrison to give that response on the air.

Oliver Stone’s famous film, JFK, followed the prosecution of Jim Garrison and the tremendous effort to cover up the assassination of Kennedy and the immense effort to exonerate the CIA and maintain that Oswald was a lone shooter. Oliver Stone did a second film, a documentary, JFK Revisited.

The day after Kennedy was assassinated, Johnson had a meeting about going to war in Vietnam, all because the Neocons assumed that Russia was behind that. Robert McNamara, before he died, apologized, saying that they were wrong – it was just a civil war, and Russia was not involved.

oswald Lee Harvey

Some say there is an unanswered question about the following timeline:

On March 1, 1967, Garrison arrested and charged New Orleans businessman Clay Lavergne Shaw with conspiring to assassinate President Kennedy, with the help of Lee Harvey Oswald, David Ferrie, and others.

On July 15, 1967, NBC allowed Garrison to give his response to NBC’s critical program about him.

On January 29, 1969, Shaw was brought to trial in Orleans Parish Criminal Court.

On March 1, 1969, a jury took less than an hour to find Shaw not guilty.

The question is, when did NBC obtain the evidence that Oswald could not have shot Kennedy, because NBC has a photo showing Oswald on the street at the time shots rang out? If that evidence was in the hands of NBC before July 15, 1967, then NBC let Garrison perform a dog and pony show when he gave his response to NBC’s “highly critical” program about him on air on July 15, 1967. If NBC obtained the evidence after July 15, 1967, but before January 29, 1969, it withheld crucial evidence from a criminal trial and thereby acquired every bad attribute, badge, and brand that anyone who withholds evidence must bear forever – obstruction of justice involving the assassination of a president.

Oswald Marina
    • After JFK’s assassination, Marina cooperated with authorities, including the Warren Commission. She testified that Lee owned a rifle resembling the murder weapon and acknowledged his pro-Castro sentiments and erratic behavior. Her testimony contributed to the Commission’s conclusion that Oswald acted alone.
  1. Expressed Doubts Over Time:
    • In subsequent years, Marina began to express doubts. She questioned whether Lee could have acted alone and suggested the possibility of a conspiracy. In her 1978 book “Marina and Lee” and interviews, she speculated about external influences or a setup, though she did not outright deny his involvement.
  2. Later Statements:
    • By the 1990s and 2000s, Marina continued to voice skepticism about the official narrative, emphasizing gaps in evidence and the plausibility of a broader plot. However, she stopped short of definitively exonerating Lee, often maintaining ambiguity about his exact role.

Gary Underwood

One document that the CIA has been hiding is the Gary Underwood document that states plainly that the CIA ASSASSINATED Kennedy. The reason this is important is that the Neocons are still running the show, lie about everything, and are in complete control of Europe, and are moving to achieve their ultimate goal – the total destruction of Russia, which is not fulfilling Ukraine’s ethnic cleansing of all Russians.

For example, Stone’s 1991 film “JFK” faced harsh pushback from historians for its suggestions that Kennedy’s death was the result of high-level conspiracies. Here, Oliver Stone appears after the most recent testimony before Anna Paulina Luna’s commission.

Conclusion:

Marina Oswald never categorically denied Lee’s involvement but evolved from initial cooperation with the official investigation to expressing persistent doubts about the lone-gunman theory. Her later remarks leaned toward skepticism, hinting at conspiracy possibilities without entirely absolving her husband.

World War III is unfolding before our eyes because the Neocons have been protected since the JFK assassination!

Barry McGuire – Eve Of Destruction (1965)

Interview: No Question Europe is Headed to War


Posted orginally on Apr 5, 2025 by Martin Armstrong 

CBO Issues Dire Forecast for US Debt


Posted originally on Mar 31, 2025 by Martin Armstrong 

The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending. Politicians have kicked the can down the road for far too long and left us with a financial system held up through perpetual borrowing that cannot be reversed.

The CBO’s long-term forecast shows the federal deficit rising to 7.3% of GDP by 2055, but the figure is currently at 6.2% as of 2025 and this is an optimistic report. In contrast, the 30-year average from 1995 to 2024 was 3.9% of GDP. Public debt is projected to hit 156% of GDP by 2055, up from the 100% of GDP we face today.

Now the CBO mentioned that Trump’s tariffs could negatively impact the economy but we reached the point of no return years ago. Trump cannot be blamed for the current situation in the least. “Mounting debt would slow economic growth, push up interest payments to foreign holders of U.S. debt and pose significant risks to the fiscal and economic outlook,” the Long-Term Budget Outlook: 2025 to 2055 stated.

The Baby Boomer generation is at or nearing retirement and Social Security benefits are currently at 5.2% of GDP. The CBO believes this will reach 6.1% of GDP in 2055 but fail to recognize the fund is drying up. The Ponzi Scheme will come crashing down.

Interest expenditures alone have hit 3.2% of GDP as America. In 2024, the US spent $881 billion simple to finance its massive debt, and that figure is projected to reach $1.8 trillion by 2035. We spend more on servicing debt than we do on defense spending at this point.

Raising taxes cannot solve this massive issue, but that will not prevent the government from attempting to extort the people to cover their fiscal mismanagement. The government knows it is trapped and will continue to hold off on paying down their debt as long as possible. Worse still, other nations are decreasing their investments in Treasuries as we have seen with China and Russia. Japan is our main buyer now but they have their own colossal problems.

The debt crisis is global. America is far from the only nation facing an outright default, and as I have warned, we will see the pieces crumble one by one with America being the last frontier. This is precisely why Europe wants war because they are attempting to delay the inevitable collapse. Some believe they can confiscate Russian natural resources and save the day, but that is simply neocon fanfiction.

The ECM has pinpointed key turning points in the global economy, and the next phase of this crisis is unfolding right before our eyes. The sovereign debt crisis is inevitable, and as we approach 2028–2032, we will see capital flow away from the West once confidence in government collapses.

Major Cuts to HHS – Spending Has Not Improved America’s Health Crisis


Posted originally on Mar 31, 2025 by Martin Armstrong

Healthcare Spending Compare To Other Countries chart 2021 768x566 1

The US Department of Health and Human Services (HHS) announced plans to cut its workforce by a quarter, eliminating 10,000 positions. Robert F. Kennedy Jr. has vowed to gut the entire agency in his effort to Make America Healthy Again, vowing that eliminating excess bureaucracy will allow the agency “to do more with less.”

The agency plans to cut $11 billion in public health funding, and while Kennedy admits there will be a “painful period” ahead, one must look at the numbers and realize that these inflated agencies have not led to improved health care. “All of that money,” Kennedy said of the department’s $1.7 trillion yearly budget, “has failed to improve the health of Americans.”

America is one of the sickest nations in the developed world. Critics believe that these cuts will damage public health, but America is spending nearly 18% of its GDP on health care initiatives without results. The average American will not live to see 80 years of age. The average life expectancy stands around 76.4 years, according to the CDC, with women living an average of 79.3 years and men expiring sooner at 73.5. Those figures have been steadily declining each year. In comparison, the global average is 82.5 years.

The US ranks 32 out of 38 OCED nations for life expectancy. Yet, the US spends far more per capita on health compared to other developed nations. In 2023, America spent $13,432 per capita. In comparison, Switzerland and Germany, the second and third highest spenders, only pay a bit over $7,000 per capita and have healthier populations.

Young Americans (25-29) are dying at a rate 3X higher than their peers in advanced economies. Kennedy’s main platform has been to speak on behalf of the children of America, who are facing increased risks of illness compared to past generations. Kennedy claims 66% of children suffer from some form of a health condition, with other estimates putting this figure closer to 40%.

The Biden Administration increased the health department budget by 38% and inflated the workforce by 17%. Additional funding did not address the root causes of America’s health epidemic. Kennedy plans to consolidate 28 divisions into 15, and will cut regional offices from 10 to 5. A more cohesive agency will provide a “new era of responsiveness and a new era of effectiveness,” as we cannot continue funding measures that are not producing results.

The Danger of Traveling with Gold


Posted originally on Mar 31, 2025 by Martin Armstrong 

Gold Bars CloseUp

Two men were pulled over while driving on I-20 in Texas, carrying $250,000 worth of gold bars. US law permits and encourages law enforcement to confiscate assets. Civil asset forfeiture enables the government to simply seize assets and declare that the owner is guilty of money laundering before any due process occurs.

“We have to be able to prove what that criminal activity was, in other words how they got the money that they laundered. A lot of times that’s hard when your case starts with a traffic stop,” DA Tonda Curry said. Officers and drug sniffing dogs searched the men and their vehicle but found nothing aside from the gold. Curry initially attempted to pin the men with money laundering charges but could not make a case. The DA then determined that the men were involved in some criminal organization “that defrauds the elderly with investment-type scams.”

Since they were instantly charged with a crime, the law permitted the officers to confiscate the gold. “So he can’t give it back to them and let them go on down the road, it’s not theirs,” the DA explained, saying that charging the men with a civil case would be easier to prove than an actual criminal investigation.

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“Even if I can’t say exactly what [crime] it was, why should they be able to profit off of it? Why should it not go back into fighting crime in our communities?” Curry said.

Civil asset forfeiture is blatant legal theft. The lawyers for the men received 24 oz of the stolen gold, and the county confiscated the rest that was worth an estimated $195,000.

“For a small county like ours, it’s a big, big relief for the taxpayers,” she said. “Even if I can’t say exactly what [crime]  it was, why should they be able to profit off of it? Why should it not go back into to fighting crime in our communities?”

The entire premise of civil forfeiture is that the government can seize your assets without even charging you with a crime, let alone convicting you in a court of law. The government deploys law enforcement to act as their mob collectors, and again, no crime needs to be committed. This happens regularly, and the person who happens to be in the wrong place at the wrong time is immediately GUILTY until proven innocent. They have taken people off trains, planes, traffic stops– you name it–and accused them of criminal activity. If the government finds you with a tangible asset they want, they can take it from you, and it is then your responsibility and obligation to prove that you did not commit a crime.

The government has openly taken gold, cash, homes, cars, and even businesses in the name of money laundering, or in this case, an unnamed crime that they did not need to prove because the men happened to be Chinese nationals. So they stole a quarter-million from them and deported them back to China, then cheered that the funds would help the local government.

Law enforcement agencies no longer act as protectors of the public but as revenue collectors, seizing property from people who, in many cases, have done nothing wrong.

New York Times Publishes Explosive Investigation Article Showing U.S. Military Boots on Ground in Ukraine, and CIA Operation to Target Russian Federation with Drones and Missiles


Despite our already outlining each of these details the New York Times is now confirming, do not overlook the geopolitical consequences that will surface as a result of their publication.

The New York Times published two articles {HERE and HERE} revealing: 1) that U.S. military boots are on the ground in Ukraine. (2) The U.S. military is actively involved in the ongoing targeting of strikes into Russia. (3) The CIA is operating in Ukraine and conducting targeted strikes into the Russian Federation mainland.

New York Times – […] [F]or nearly three years before Mr. Trump’s return to power, the United States and Ukraine were joined in an extraordinary partnership of intelligence, strategy, planning and technology whose evolution and inner workings have been known only to a small circle of American and allied officials.

[…] The idea behind the partnership was that America’s close cooperation with Ukraine would compensate for Russia’s vast advantages in manpower and weaponry. To guide the Ukrainians as they deployed their ever-more-sophisticated arsenal, the Americans created an operation called Task Force Dragon.

The secret center of the partnership was at the U.S. Army garrison in Wiesbaden, Germany. Each morning, U.S. and Ukrainian military officers set targeting priorities — Russian units, pieces of equipment or infrastructure. American and coalition intelligence officers searched satellite imagery, radio emissions and intercepted communications to find Russian positions. Task Force Dragon then gave the Ukrainians the coordinates so they could shoot at them.

[…] In spring 2022, the Biden administration agreed to send High Mobility Artillery Systems, or HIMARS, which used satellite-guided rockets for strikes up to 50 miles distant.

In the war’s first year, the Ukrainians were extremely dependent on the Americans for intelligence, and Task Force Dragon vetted and oversaw virtually every HIMARS strike. The strikes caused Russian casualty rates to soar.

[…] Easing a prohibition against American boots on Ukrainian ground, Wiesbaden was allowed to put about a dozen military advisers in Kyiv. To avoid drawing public attention to their presence, the Pentagon initially called them “subject matter experts.” Later the team was expanded, to about three dozen, and the military advisers were eventually allowed to travel to Ukrainian command posts closer to the fighting.

[…] In January 2024, U.S. and Ukrainian military officers in Wiesbaden jointly planned a campaign — using coalition-supplied long-range missiles, along with Ukrainian drones — to attack about 100 Russian military targets across Crimea. The campaign, named Operation Lunar Hail, largely succeeded in forcing the Russians to pull equipment, facilities and forces in Crimea back to the Russian mainland.

[…] Ultimately, the U.S. military and C.I.A. were allowed to help with strikes into Russia. […] Longstanding policy barred the C.I.A. from providing intelligence on targets on Russian soil. But the C.I.A. could request “variances,” carve-outs to support strikes for specific objectives. Intelligence had identified a vast munitions depot in Toropets, 290 miles north of the Ukrainian border.

On Sept. 18, 2024, a swarm of drones slammed into the munitions depot. The blast, as powerful as a small earthquake, opened a crater the width of a football field. Later, the C.I.A. was allowed to enable Ukrainian drone strikes in southern Russia to try to slow advances in eastern Ukraine. (more)

As we have outlined for several years, including our own research by driving through Ukraine, the CIA has been operating on the ground in Ukraine from the outset of the conflict.  Over time the CIA took over most of the strategic operations, and as it currently stands the United States CIA is organizing the majority of the Ukraine war against Russia.

This is where you need to understand how CIA authorization takes place.

In order for the CIA to operate in Ukraine, Joe Biden had to sign a “presidential finding memo” authorizing the CIA to conduct covert operations.  This New York Times article is describing the outcome of those “finding memoranda.”

Which brings me to this Tweet I sent in response to the revelatory article:

Dear President Trump, if this NYT article is accurate (it is), there has to be a “Presidential Finding Memo” authorizing the CIA to coordinate attacks into Russia.

You might want to have CIA Director John Ratcliffe, and DNI Tulsi Gabbard pull it out of the authorization library for your review, prior to the next call with Russian President Vladimir Putin.

Also, to avoid embarrassment, as your team are likely aware – and possibly willing to admit, that “finding memo” was also briefed to the former Gang of Eight in congress. Which means Secretary of State Marco Rubio as vice-chair of the SSCI and Go8 member, already knew of this CIA operation, authorizing their involvement in targeting Russian Federation territory.

You might want to ask Secretary Rubio about that, and organize a way to discuss it, prior to Rubio coming face to face with his Russian counterpart Sergey Lavrov at the next meeting.

Warmest possible regards, and deepest appreciation for your ongoing “ceasefire” efforts.

Good luck

The motive is clear for the New York Times to outline how the CIA is operating inside Ukraine to target the Russian Federation.

The operatives who leak to the NYT want distance between Trump and Putin. This admission of CIA involvement puts Trump in an awkward place.

The awkwardness expands, when you understand how the CIA is authorized to conduct these operations. The President, Biden, signed a “finding memo,” authorizing the CIA to conduct missile strikes into the Russian Federation.

Senator Marco Rubio as SSCI vice-chair and a Gang of Eight member, was ‘read in’ to that CIA authorization.

Senator Rubio is now Secretary of State facing Sergey Lavrov, and the Russians know exactly how these things are done.

On one hand, the NYT article spills the beans and informs the public. On the other hand, their reason for purposefully spilling the beans is to create a problem for Trump and Rubio, and possibly between Trump and Rubio.

It makes sense now why Secretary of State Rubio was the first Trump official to publicly say the United States was in a proxy war against Russia using Ukraine as the justification.

On the upside, this creates an opportunity for President Trump to distance himself from the prior administration and withdraw all CIA operatives and admitted/revealed U.S. military boots on the ground in Ukraine.

President Trump could use this revelation, now public and widespread, to reset the U.S-Ukraine dynamic and withdraw all elements of prior Biden authorization from the conflict.

Will he?

Posted originally on CTH on March 31, 2025 | Sundance

BREAKING: Vladimir Putin’s Limo Blown Up, Jack Posobiec Reports


Posted originally on Rumble By Bannon’s War Room on: Mar 28, 2025, at 12:00 am EST

Let Them Eat Flat Screens


Posted originally on Mar 27, 2025 by Martin Armstrong 

Antoinette Marie

Treasury Secretary Scott Bessent continually denies that tariffs will become a tax on consumers. When asked if the Trump administration was comfortable with the rising cost of goods, Bessent declared, “the American dream is not ‘let them eat flat screens.’”

“Not at all,” Bessent replied. “What I’m saying is the American dream is not ‘let them eat flat screens.’ If American families aren’t able to afford a home, don’t believe that their children will do better than they are [doing], the American dream is not contingent on cheap baubles from China, it is more than that. And we are focused on affordability, but it’s mortgages, it’s cars, it’s real wage gains.”

If tariffs become more widespread the inflationary effects will cause the affordability of items to rise. No one can afford to repair their homes when lumber costs are soaring. Builders are forced to raise costs on new housing starts, for example, when materials rise in expense. The issue here is not the demand for cheap Chinese goods but the demand for essentials like energy, steel, etc.

Auto prices are at an all-time high. We steered away from pushed EVs on the public but are refusing to permit cheaper Chinese autos in our country. Autos are being targeted hard by tariffs and manufacturing costs have becoming astronomical. China is able to produce cheap autos because manufacturing costs are far less.

Treasuries impact mortgage rates and are largely driven by supply and demand for US government debt. When inflation rises due to tariffs, bondholders demand higher yields to offset the decreased purchasing power. This leads to declining bond prices and rising interest rates across the board, including for mortgages.

As for wages, businesses will face higher operating costs due to tariffs and have less revenue to pass on to employees. Worse, businesses seeking to avoid reciprocal tariffs may simply leave the US.

Politicians should not quote Marie Antoinette. The French people made her pay with her head when the economy turned down. Bessent and others advising Trump fail to understand the broader impact of stifling free trade. Furthermore, these statements are out of touch with the cost of living crisis as informed Americans know that tariffs will impact far more than the cost of a flat screen TV.