Oct 1 2022

Comment from Europe

Armstrong Economics Blog/Geopolitical Re-Posted Oct 1, 2022 by Martin Armstrong

COMMENT From Europe: Message: have any connections with either Russia or Ukraine and do not care if Donbas and Crimea belong to Russia or any other nation. Europeans just want to go on with their lives in peace but now have to pay a high price for the sanctions. People are starting to question the sanctions and want the gas to flow again. So the anger is turned against our own political leaders over the sanctions.

By destroying the pipelines people no longer can complain. So that also points to the climate zealots in the west being responsible for the sabotage and not Russia. How it was presented in the media also points to the west. It was a ready media package with the Danish air force taking pictures of the leak and Swedish seismologic data to show it was an explosion. The information was intended for us in the west. Look they have blown up the pipelines. And Germany was fast to say that the pipelines were destroyed forever and can not be fixed. Without any facts. Then the day after a spokesperson from the Nordstream company said they would investigate the damages after the gas has run out.
Regards MS

REPLY: This is why being a student of history, I am not supporting Putin, or being a Republican against Democrats, or whatever other explanation some may try to apply. I am warning that we are being manipulated into war for ulterior purposes. Hermann Goring was asked at the Nuremberg trials WHY DID THE PEOPLE FOLLOW HITLER? His response was perfectly correct, despite the fact that many just preferred that the German people were inherently evil and different from the rest of the world. As he said, the very best outcome is you get to return home unharmed. He stated the truth “it is the leaders of the country who determine the policy and it is always a simple matter to drag the people along.”

This is simply the way it is. The leaders create all wars, NEVER the people. War is merely a continuation of politics that moves to violence. Like two guys arguing in a bar. Many times, one becomes so infuriated unable to win the argument verbally, so they begin to throw punches. What do we have to gain from war? Absolutely NOTHING other than hoping to return in one piece and we still have a home and family to return to.

The Prince of Savoy was one of the greatest generals who fought for many kings. He was the inspiration behind our Second Amendment – the right to bear arms. Why? He concluded that kings maintained standing armies at great expense. He argued that kings waged war simply to use their armies. Hence, he proposed that we all have the right to bear arms and that we have a militia military, not a standing army for that would lead to endless wars. He is correct. How many times has the US invaded some country under some honorable pretense? From the Weapons of Mass Destruction that never existed in Iraq to defeat Communism in Vietnam, where as many as 2 million civilians on both sides and some 1.1 million North Vietnamese and Viet Cong fighters died for an economic system that was collapsing all by itself.

Indeed, the French King Louis XIV’s last words on his death bed – “I have been too fond of war.”

We are plagued by world leaders who played too much with their toy soldiers. These are the real-life consequences of their games. They welcome war and have no desire for peace. There is not a single leader willing to even say – Hey, wait a minute!

Our computer has been pointing to 2023 as an absolute MAJOR crisis point in global geopolitics. The risk of international war is very real. These climate zealots are destroying our way of life the very same way that Karl Marx did which led to the death of over 200 million people between Russia and China. This time, it will be in the billions. The destruction of these pipelines may be cheered in private gatherings celebrating their victory over destroying the energy lifeline for Germany ahead of winter. They are counting on the people to pick up a gun and invade Russia. It most certainly looks to be civil unrest is coming and make no mistake about it, this was NOT Putin but intended to defund his ability to wage war.

Our models are definitive. I am merely the messenger – not the author. This gives me no pleasure whatsoever. This was the 2011 World Economic Conference held in Philadelphia that was filmed as part of the movie – The Forecaster. We were projecting it would all begin in 2014, which marked the Ukrainian Revolution and the US installation of the “temporary” UNELECTED government, which started the civil war invading the Donbas. So the people did not vote to even start that civil war. The West set that all in motion. Our computer had even targeted Ukrain would be where WWIII would begin. That was published back in 2013.

It is impossible for ANY individual to forecast such events CONSISTENTLY for decades. We are all human and just because someone was correct on one forecast based upon an “opinion” does not mean that they can forecast the future consistently. They have done everything they can to shut these forecasts out. The mainstream press will NEVER cover this because they how do they keep the line of talking heads? They have been told – do not report on this model – thank you! They never will. The governments must win. They exist to manipulate us stupid slobs to accomplish their goals.

As Goring said:“the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked, and denounce the peacemakers for lack of patriotism.” There are no peacemakers left anymore!

Oct 1 2022

West’s Desperate Play for War – Blowing Up The Pipelines

Armstrong Economics Blog/Geopolitical Re-Posted Sep 30, 2022 by Martin Armstrong

The sabotage of the Nord Stream Pipelines was most likely accomplished with US intelligence. Not only is the Biden Administration intent on ending fossil fuels, but this was a strategic maneuver on how to wage war. Just as adversaries would counterfeit each other’s currencies in a desperate measure to undermine their economy to strip them of the ability to fund the war, blowing up these pipelines was a deliberate blow to inflict a death blow to the Russian economy they believe they have Putin on the ropes. Ending Russia’s #1 income, energy, they believe will undermine Putin and lead to a domestic revolution. The problem for the Russian people is that the West will NEVER accept Russia as an equal member. They indeed want to kill the bear completely.

Naturally, there are those claiming Russia blew up the pipelines. Just before this sabotage, Putin said to lift the sanctions and he will return the gas flow as reported on September 7th, 2022. There was NO POSSIBLE WAY that Putin sabotages those pipelines for that was his bargaining chip. That is now gone. He cannot now say lift the sanctions and I will turn on the gas. This was done by the climate zealots who have control of most Western governments. To even blame Russia is in reality proof that they know that this was a strategic play by the West most likely carried out with US intelligence.

The Minsk Agreement brokered by Germany and France was to allow the Donbas to vote on their separation from Ukraine. The West has totally renigged on all of that and this is intentional for the objective here is this Great Reset and the end of fossil fuels. Khruschev grew up there in the Donbas and was in charge of Kiev rebuilding it after World War II before he rose to the leadership of Russia. His successor was Brezhnev who was also born there in the Donbas. This has been occupied by the Russian people since the days of the Tsars. The border of Ukraine was NEVER Ukraine as a nation state. It was Drawn solely by Khruschev for administrative purposes. The Donbas and Crimea were always predominantly Russian

The West simply refuses to recognize that the people in that region are Russian and would naturally vote to join Russia for they are hated by the Ukrainians. In 2014, it was the West that installed a “temporary” government in Ukraine which was UNELECTED and they immediately upon orders from the USA, launched a civil war and attacked the Donbas.

This is so unnecessary and I cannot imagine any world leader before Biden would have DELIBERATELY set the stage for war with Russia. The problem is, Biden is not mentally competent. The climate zealots are running the White House. All they care about is destroying the world’s capacity to produce and utilize fossil fuels.

Unfortunately, our computer has NEVER been wrong on these major trends. It is the ONLY unbiased means of seeing the future for it is not based upon any human opinion for that is all any analyst has at his disposal right now. There is no question that these climate change zealots are out of control. They will kill more people than Marx could ever have imagined. World War III is materializing if we like it or not. We so desperately need a political revolution and vote these people out of their offices to overthrow all of these climate zealots controlling world leaders from behind the teleprompters to even hope to reduce the amplitude of what is on the horizon.

I have met and advised many world leaders. NEVER in my 40-year career have I EVER witnessed such an absurd group of world leaders who are just hurling the world into a major global war all over fossil fuels. There are no peacemakers. Like Biden, all they are doing is reading the word written by someone else. Biden is incompetent and will lead the world into disaster and the real sad part about it, he is clueless as to the risks he is putting the entire population of the world in over fossil fuels.

Sep 30 2022

CBO: Student Loan Forgiveness will Cost $400B Over Next 30 Years

Armstrong Economics Blog/Politics Re-Posted Sep 30, 2022 by Martin Armstrong

The Congressional Budget Office (CBO) is a nonpartisan agency that simply calculates the numbers. The Biden Administration is constantly at odds with the CBO as they repeatedly point out why handouts are never free. Biden’s pre-midterm bribe to cancel student debt will come with a huge price tag — $400 billion.

Borrowers earning under $125,000 annually will receive a $10,000 debt cancelation, while Pell Grant recipients will see a $20,000 reduction. Everyone else will receive a bill in the form of taxes, and even those with loans forgiven will suffer. The CBO calculated the cost of the plan, which will cost $20 billion from September to December 2022 alone. The Biden Administration initially said that the plan would cost $240 billion over the next ten years. Yet, the CBO estimates that the cost of loan cancellation will continue for the next three decades for a total of $400 billion.

Yes, this will cause America’s deficit to rise. Instead of working to lower tuition costs or predatory student lending practices, Biden simply passed along the bill to the taxpayers and pretended the money owed simply vanished. Colleges can simply raise their fees with no repercussions. Glass Stegall has not been reinstated, and those facing bankruptcy cannot erase their student debt.

Glass Stegall was repealed under the Clintons, and even the Clintons’ top financial advisor, Larry Summers, is against Biden’s student loan forgiveness program. “It consumes resources that could be better used helping those who did not, for whatever reason, have the chance to attend college. It will also tend to be inflationary by raising tuitions,” Summers wrote on his Twitter in August. This is simply a gimmick to buy voters who do not understand the repercussions.

Sep 29 2022

Interview: The World According to Martin Armstrong

Armstrong Economics Blog/Armstrong in the Media Re-Posted Sep 29, 2022 by Martin Armstrong

Click here to listen to my latest interview with Kerry Lutz from the Financial Survival Network.

Commentary from Kerry:

The world is a mess and things aren’t getting better. There’s no end in site to the Ukraine war and the situation in Europe keeps getting worse and worse. We sit down with Martin Armstrong to get the latest update. He sees gold going much higher in Q1 2023. The loss of faith in all governments keeps increasing. China is a lost cause as well. But the US is a beneficiary of everyone else’s misery. That’s just the way the world works.

Martin sees a major backlash coming in the aftermath of the 2022 mid-term elections. His model is questioning whether or not the 2024 presidential election will even take place. What could possibly happen to stop it and does it matter anyway? This is a must listen to interview.

Sep 29 2022

NATO Preparing for World War

Armstrong Economics Blog/War Re-Posted Sep 29, 2022 by Martin Armstrong

I know for a fact that the US military is deploying some reservists to Romania to train European soldiers. The reservists have been told that the war will escalate, and as a soldier told me, “things are getting really bad over there.” They will be training the Europeans to fight against Russians for at least six months. NATO is constructing a battlefield in Romania for this extensive training. The Cincu military training facility already exists but is undergoing a massive expansion.

This is precisely what Russia feared long before entering Ukraine. I reported that Russia knows it is fighting the West and not simply Ukraine. NATO has increased its presence around Eastern Europe this year and has no plans to de-escalate the situation. There are over 40,000 troops on the ground across Eastern Europe, and more are set to arrive. In fact, NATO will establish four additional “multinational battle groups” in Hungary, Romania, Slovakia, and Bulgaria.

Colonel Vincent Minguet, the commander of the NATO Combat Group in Romania, said the plan is for “the creation of a permanent, stronger battalion, with more heavy weapons, to prevent any aggression or any destabilization in Romania.” Alarmingly, Minguet believes that training will last for four or five years. They are planning for a long-term ongoing battle fought among numerous nations, aka a world war.

Sep 28 2022

Interview: Banking Crisis Will Start in Europe

Armstrong Economics Blog/Armstrong in the Media Re-Posted Sep 28, 2022 by Martin Armstrong

Watch the video above to see my most recent interview with Greg Hunter of USA Watchdog.

Commentary from Greg Hunter:

Legendary financial and geopolitical cycle analyst Martin Armstrong says nothing is going to get better by the end of 2022, and he is still forecasting “chaos” coming in 2023. Armstrong says the plunge in the stock market last week is all because of “extreme uncertainty.” Armstrong predicted a stock market crash two months ago and contends, “It’s not over.”

Europe is in big financial trouble with Russian natural gas turned off as a retaliation from the sanctions. Armstrong explains, “In Europe, I believe they are actually deliberately doing this, and this is Klaus Schwab’s ‘Great Reset.’ They know they have a serious problem. They lowered rates to below 0% in 2014. They just started raising interest rates. Meanwhile, you ordered all the pension funds throughout Europe to have more than 70% in government bonds. Then they took it negative. All the pension funds are insolvent. Europe is fiscal mismanagement on a grand scale. There is no way it can sustain itself, and we are looking at Europe breaking apart.”

So, could Europe suck the rest of the world down the tubes? Armstrong says, “Oh, absolutely. Europe is the problem. . . . The crisis in banking will start in Europe. . . . The debt is collapsing. They have no way to sustain themselves. The debt market over there is undermining the stability of all the banks. You have to understand that reserves are tied to government debt, and this is the perfect storm. Yes, the (U.S.) stock market will go down short term. We are not facing a 1929 event or a 90% fall here. . . . Europeans, probably by January of 2023, as this crisis in Ukraine escalates, anybody with half a brain is going to take whatever money they have and get it over here.”

So, where is smart money going to go? Armstrong says, “Stocks are like gold, it is on the same side of the table and is opposite government debt. People are not going to be buying government debt. They are going to be looking at anything in the private sector. . . . People are buying whatever they can to get off the grid.”

Armstrong says governments are borrowing and spend huge amounts of money. The Fed will keep raising interest rates to fight inflation, but Armstrong says, “Raising interest rates will only make things worse. We have supply shortages, and raising rates will not fill the gaps.”

Armstrong has never been more positive on buying gold. Why? Armstrong explains, “We are looking at a sovereign debt default. This is what’s going on. This is why Biden will spend whatever he wants because he knows he doesn’t have to pay it back. Eventually, this is what’s going to happen. This is Schwab’s agenda.”

Armstrong has predicted “2023 will be the year from Hell.” Armstrong says, “Civil unrest will only get worse” this year, and he is predicting we will have full blown war next year. Armstrong contends Democrats are desperate and will do things like granting illegal aliens citizenship so they can vote in the mid-term elections.

In closing, Armstrong says, “Something is going to spark a collapse in government again. It’s going to be something, I think, in Europe where they do something drastic because they have no other choice. . . . They need war as the excuse for the defaults of all the government debt.”

Sep 28 2022

Tucker Carlson Discusses Nord Stream Pipeline Sabotage, Almost Certainly a U.S. Covert Action Against Russia

Posted originally on the conservative tree house September 27, 2022 | Sundance

Tucker Carlson accurately outlined the most likely suspect of the sabotage against Russia’s Nord Stream I and II pipeline today. When you consider the media blitz by Joe Biden’s National Security Advisor, Jake Sullivan, last weekend (ABC, CNN, NBC and CBS); specifically pointing out the U.S. position against Russia; it is almost a certainty that U.S. action was behind the underwater detonation of explosives to take out Nord Stream pipeline system. WATCH:

Sep 27 2022

Giorgia Meloni – Italy’s Common Sense

Armstrong Economics Blog/Italy Re-Posted Sep 27, 2022 by Martin Armstrong

I find it unbelievable that the corrupt media is calling her a fascist. They do not even understand what the word means: i.e. “centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition.” They were calling Trump a fascist which would mean he was surrendering his own company to authoritarian government control. Not even Trump would be that stupid.

Anyone who is not WOKE, living in fear of climate change, and agrees with a one-world government with the UN as the leader, is now a fascist. I think they are looking in the mirror and describing themselves.

Sep 27 2022

Italy’s New PM Giorgia Meloni – a Woman, Mother, Italian, and Christian

Armstrong Economics Blog/Italy Re-Posted Sep 27, 2022 by Martin Armstrong

The Italian people have voted for a conservative prime minister, and the globalists are panicking. Giorgia Meloni has long been skeptical about Italy’s place in the EU, COVID laws, illegal immigration, and woke culture. Despite sixty-three percent voting in her favor, the liberal media is up in arms. CNN dubbed her “the most far-right government since the fascist era of Benito Mussolini.”

One would think that the left would celebrate Italy’s first female PM. “I am Giorgia. I’m a woman, I’m a mother, I’m Italian, I’m Christian,” she stated in 2019 during a campaign that came under harsh criticism. Only in today’s modern age could someone be condemned for stating such basic facts. Meloni is fighting to uphold traditional Italian values rather than submitting to the globalist agenda of abandoning ethics for the new world order.

“Our main enemy today is the globalist drift of those who view identity and all its forms to be an evil to overcome. And constantly ask to shift real power away from the people to supernational entities headed by supposedly enlightened elites,” the newly-appointed PM stated. Countless Italians are tired of being under the control of the EU and submitting to a lifestyle that goes against their culture.

A video surfaced days before Meloni’s victory of a mob removing the EU flag in Rome and replacing it with the Italian flag. There is something to be said about wanting to preserve your culture. Nigel Farage touched on the topic during our 2019 World Economic Conference in Rome, where he pointed out that Italy’s Catholic roots were being targeted as the globalists feel they have the authority to tell the people how to live. Italy’s conversion from the lira to the euro pushed the nation into deeper debt as Brussels took advantage of the southern nations. Its location has attracted masses of illegal immigrants who no one will house and has caused a clash of cultures.

This is part of a bigger trend of people straying from what the mainstream media wants them to believe. There is a reason why the only people who have congratulated her in the political world are considered far-right extremists. People want to preserve their culture and can only do so by casting out those submitting to the globalist agenda.

Sep 27 2022

Britain Canceling its Outstanding Paper Money

Armstrong Economics Blog/BRITAIN Re-Posted Sep 26, 2022 by Martin Armstrong

One of the reasons why the US dollar remains the reserve currency is because it has NEVER been canceled. Europe routinely cancels coins and banknotes to prevent people from hiding cash. British is canceling the outstanding old paper banknotes of the 20 and 50-pound notes. They did issue polymer notes which are still valid – for now. This is how Europe will also force Digital Currency by eventually canceling all paper money forcing the underground economy to seek other methods.

Centinel2012

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Tag Archives: New Monetary Theory

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Posted originally on the conservative tree house September 27, 2022 | Sundance

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