The Economic Decline of Europe With Rising Interest Rates?


Posted originally on Jun 5, 2024 By Martin Armstrong 

Via Veneto

I have returned from a two-week tour of Europe covering the UK, Germany, and Italy. Europe is in dire straights. I have stayed on the Via Veneto since my parents took me back in 1964/65. It was the 5th Avenues of Rome. The street was lined with sidewalk cafes. Out of probably 30, only three remained. There was once a restaurant that overlooked Trajan’s Forum that I ate with my parents back then. Ever since then, I have eaten dinner there for over 40 years. This time, it too was gone.

The damage that COVID unleashed by stupid politicians listening to people like Fauci and self-anointed experts at various universities in London, has undermined the European economy dramatically. Then throw in the nonsense of NET ZERO climate change and comingle that with the insanity of the American Neocons who blew up Nord Stream, imposed sanctions on Russia that have backfired on Europe. It is understandable why European political leaders are beating the war drums for they desperately need a distraction. War has historically been the best distraction from domestic civil unrest.  Otherwise, the people will storm their palaces and drag them out to the streets in old fashion revolutions for their sheer stupidity, belligerence, and incompetence.

Assassination

All governments become arrogant and die by their own hand from domestic strife. Like Rome, the barbarians could only successfully invade when the politicians had weakened Rome’s economy. History repeats because humanity never learns. We see the West already deeply divided. This unprecedented attack on Donald Trump began from the very day that he announced he would run for President. They do not like outsiders. Politicians have been schooled in how to send people to war to die and never think twice about the children growing up without a parent. You must be dehumanized to be a head of state, no different from the head of a Pharmaceutical company that can sleep at night knowing some people will always die from a vaccine. Still, they focus on the majority – never the collateral damage.

Haraguchi Kazuhiro

Kazuhiro Haraguchi, the former Japanese Minister for Internal Affairs, has become the first major politician to apologize to the unvaccinated for the tsunami of deaths occurring among the vaccinated population. There has been a major protest, with serious numbers of Japanese citizens taking to the streets demanding action against the crimes against humanity perpetrated by globalist organizations such as the World Health Organization (WHO) and the World Economic Forum (WEF) during the pandemic. There is NO data available as to the long-term effects of MNRA vaccines.

Since people like Bill Gates proclaim that MNRA will bring the cost of vaccines down to $2 to maximize profits, they have successfully destroyed all the benefits of vaccines created over the past 200 years. This is playing into our computer projection for the population decline. Maderna is bragging how they have blended COVID-19 with the Flu Shot. This is just an instance, and governments are up for sale to the highest bidder.

China Holdings of US Debt

Usually, when you enter a recession, interest rates decline because people stop investing and begin to save for a future that is uncertain. However, our brilliant Neocons have been trying to create World War III and they have yet to win a single war they have launched since World War II. Threatening China over Taiwan may sound noble in the headlines and on CNN, but China has been the largest holder of US debt. It is now declining in CRASH MODE, and rightly so. You do not lend money to your enemy who wants to kill you.

China sold $53 billion during the first quarter of 2024, and it continues to be a net seller. With Biden spending like a drunken sailor, governments default when they are involved in these Ponzi schemes and are unable to sell new debt to pay off the old. China is in a 14-year decline, and rightly so. This means that the US Treasury will need to find other buyers for its debt, and in the process, rates will rise more than keep beating the war drums.

ECM Wave 2020 2028 Pi

The recession began in the USA and will be hardest felt in Europe. Today, Buden was forced to close the border. He was getting plummeted by fellow Democrats ahead of the election. The Sanction of Russia and Biden’s recent decree to cut off all energy from Russia will fulfill what our computer has forecasted: that we are looking at STAGFLATION, meaning economic growth declines. Still, inflation continues to rise due to shortages and the most brain-dead people in the White House, probably in US history.

Here are the timing arrays for the UK and the core of the European economy – Germany. We are in a declining mode into 2026, and waging war to retain power may look good on paper, but they will not be able to blame Putin for everything. It is down and dirty from here on out.

Germany GDP Y 6 4 24
Britain UK GDP Y 6 4 24

Land of the Free Home of the Brave – Void when Neocons Prohibit It


Posted Jun 4, 2024 By Martin Armstrong 

COMMENT: Marty, please post this on the public blog and not the private. Everyone would know that all the major intelligence agencies read you because they all know Socrates has been incredible in its geopolitical forecasting that is unmatched anywhere. After you returned home across the pond, I believe the chatter is that some are now questioning Secretary General Jens Stoltenberg’s position. You are far more of a champion than even you think. There are those listening to Socrates’s statement that the West will lose. They know Socrates forecasted the fall of communism in 1989, the USSR in 1991, and the Russian bond collapse in 1998. Nobody can do that from personal opinion.

Please, please, post this on the public blog. People have to support you to at least make it to 2032.

Anonymous

T Shirt Land of Free

REPLY: I hope you are right. When I returned, as soon as the Customs Agent looked at the screen on me, she said come with me and took me off to a private room to be searched. They detained me for only about 30 minutes, and I was released. I was not allowed to call anyone or use my phone. That has never happened before. So, I guess I have the Neocons to thank for that delay.

Everyone would be writing to their Congressman and Senator to demand an investigation into HOW directed the “appointed” government of Ukraine to start this civil war. I believe it was Victoria Nuland et al. She was the one on the ground, and it was her husband who started the claims that Trump would be a dictator because his wife has been in every administration EXCEPT that of Trump. It is time for the truth to be revealed for the world to see.


Many have asked if they can buy this shirt we handed out at our WEC a few years back. We do not have any. Given the unfolding events, we will look into the possibility of making up a batch.

New Mexican President – Mrs Claudia Sheinbaum Wins Large Electoral Victory Keeping AMLO’s Morena Party in Power


Posted originally on the CTH on June 3, 2024 | Sundance

Claudia Sheinbaum doesn’t exactly sound like a Mexican name (lol), but with around 60% of the vote Mrs Sheinbaum is now the new president of Mexico.  Sheinbaum becomes the first woman president of Mexico and the first Jewish leader of a predominantly Catholic nation.

Sheinbaum and current President AMLO are reportedly close political allies, and both represent the Morena party. The outcome of the election appears to have positioned the Morena party for a considerable set of legislative victories, perhaps giving them a super majority.  In large part this outcome was driven by the working-class and lower income group who strongly support AMLO.

Keep in mind that AMLO was/is essentially a soft-socialist with a strong nationalist streak.  The financial markets do not like the nationalistic aspect to AMLO; Wall Street prefers a multinational corporate politician and a more fascist policy system that is easier to purchase by corporations.  The other aspect that put AMLO on the opposite side of the multinationals was his traditional energy policy (cheap and abundant oil and gas).

It seems that Claudia Sheinbaum carries a political outlook similar to AMLO, with the exception of the energy policy.  Sheinbaum is more of a climate change, green new deal, renewable energy politician.   Sheinbaum’s energy policy outlook gives Suspicious Cat a reason to consider that U.S. IC interests may have put a finger on the scale of the Mexican election.

MEXICO – […] After thanking voters for their support, Sheinbaum emphasized the historical moment. “For the first time in 200 years of the Republic, I will become the first woman president of Mexico,” she told supporters.

“We have achieved a plural, diverse and democratic Mexico,” Sheinbaum said. “Although many Mexicans do not fully agree with our project, we will have to walk in peace and harmony to continue building a fair and more prosperous Mexico.”

Her party, Morena, is expected to have a majority in the legislature, according to projections by the electoral agency. Such a majority would allow her to approve constitutional changes that have eluded current President Andrés Manuel López Obrador. (read more)

Considering that AMLO was not in alignment with Joe Biden, this transition will be interesting to watch play out….

CTH will keep repeating the words, WATCH MEXICO.  Ever since Mexican President Andres Manuel Lopez-Obrador confronted Joe Biden in the oval office about energy policy, things have increasingly escalated.

Remember, Mexico did not join the Build Back Better suicide mission, or the sanctions against Russia.

Keep in mind, it wasn’t just President Trump who blocked the migrants and secured the U.S. southern border, it was AMLO using 50,000+ active military to stop the migration flow of illegal aliens. It’s not a surprise that AMLO is letting the caravans flow to the border, while Biden is trying to undermine the Mexican government.

Remember, the U.S. intelligence community are conducting operations in Mexico; be leery of any headline stories coming out of the country.  AMLO already called out the U.S. and Samantha Power for trying to influence Mexican politics.

MEXICO CITY, May 3 2023 (Reuters) – Mexico’s president asked his U.S. counterpart Joe Biden to stop the United States Agency for International Development (USAID) from funding groups hostile to his government, according to a letter presented to journalists on Wednesday, echoing previous Mexican criticism of U.S. interventionism.

President Andres Manuel Lopez Obrador did not specify which Mexican groups the U.S. should stop funding, but he has in the past accused several media organizations of being part of a conservative movement against his government.

“The U.S. government, specifically though USAID, has for some time been financing organizations openly against the legal and legitimate government I represent,” he said in the letter. “This is clearly an interventionist act, contrary to international law and the relations which should prevail between free and sovereign states.”

The letter calls for Biden’s intervention, saying the U.S. State Department in recent days announced that USAID would increase its funding toward such organizations. (read more)

Steve Bannon’s Explosive Rant: Conservative Leaders Lack the Balls to Save the West


Posted originally on Rumble By Bannons War Room on: May 25, 2024 at 06:00 pm EST

Steve Bannon Warns: World War 3 is Closer Than Ever with Terrifying New Battlefield Tech


Posted originally on Rumble By Bannons War Room on: May 25, 2024 at 06:00 pm EST

Bannon Exposes Plot: RINOs Scheming to Steal GOP Nomination from Trump and Push Nikki Haley as VP


Posted originally on Rumble By Bannons War Room on: May 25, 2024 at 06:00 pm EST

Steve Bannon Predicts Violent Revolution in Britain if Technofeudalism Takes Over


Posted originally on Rumble By Bannons War Room on: May 25, 2024 at 06:00 pm EST

President Trump Sends Message of Support for Cryptocurrency


Posted originally on the CTH on May 25, 2024 | Sundance 

This is interesting. Only a very small segment of the U.S. electorate seemingly understands the ramification of a dollar-based central bank digital currency (CBDC) for the USA. There is also evidence the Russian sanctions were created as the starter fuse for the CBDC process.

WASHINGTON DC – […] Crypto-friendly legislation moving through Congress in the last two weeks drew a surprising level of bipartisan support, surfacing household names such as Senate Majority Leader Chuck Schumer and former House Speaker Nancy Pelosi as unexpected allies, while suggesting that crypto skeptics like Sen. Elizabeth Warren may soon be isolated on the issue.

[…] Republicans who were already aligning themselves with the crypto world are leaning into the embrace even further. Former President Donald Trump is increasingly pledging to support the interests of digital asset traders, and he’s starting to accept campaign contributions in crypto. (MORE)

Please Keep this in Mind from MARCH 2022:

“The Order directs the U.S. Government to assess the technological infrastructure and capacity needs for a potential U.S. CBDC in a manner that protects Americans’ interests. The Order also encourages the Federal Reserve to continue its research, development, and assessment efforts for a U.S. CBDC, including development of a plan for broader U.S. Government action in support of their work. This effort prioritizes U.S. participation in multi-country experimentation, and ensures U.S. leadership internationally to promote CBDC development that is consistent with U.S. priorities and democratic values.”  (WHITE HOUSE)

That announcement was less than 2 weeks after Russia moved into Ukraine.

The Role of Grandparent Vanishing from Society


Posted originally on May 24, 2024 By Martin Armstrong 

Family

I discussed how the rising costs of childcare surpass the cost of rent by 25% to 50% across the United States. The cost of raising a child is directly reflected in the birth rate crisis we are seeing across the world. Another new phenomenon is permanently altering the family structure as a result of economics – the absence of the role of grandparents.

Unlike countless animal species, humans were designed to survive well past child-rearing years. Only a few animal species, such as elephants and whales, undergo menopause, and not so coincidentally, these species rely on shared wisdom passed down through the generations for survival. Men begin to decline in testosterone around the same time that women go through menopause, and while they can continue having children throughout their life cycle, men are wired to be less likely to compete for mates later in life. Grandparents served an essential role in the family structure.

Elderly Parent

The nuclear family has always been supported by the extended family. Older generations helped to care for the younger generations, passing down priceless knowledge. Younger generations had the ability to then care for the elderly. Tens of thousands of years of evolutionary biology is no longer the norm due to economics.

Simply put, most grandparents are still working to survive. I will speak from the US perspective, but this phenomenon is happening throughout the world. Over half of families (53.3%) were dual-income earners in the United States as of 2019. A recent survey found the average age of retirement is between 61 to 64, up from 57 in 1990. The current cost of living will require most to work far beyond this age for survival. Social Security will go bust, and hardly anyone outside of government employees will receive a pension. A comfortable retirement is hard to obtain for the average person.

Additionally, children are less likely to support their parents as they age for cultural and financial reasons. We saw nations like China fining young people for not caring for aging parents. Individualism is favored in our societies, and the youth throughout the world is geared toward starting a new life in the cities away from their immediate families. Younger generations notoriously have less saved for retirement compared to earlier generations due to the high cost of living, and many are unable to financially care for sick and elderly parents because they lack the resources. Life expectancy is slightly declining, but we are living far longer than past generations.

Since grandparents are preoccupied working, the parents are placing their children in daycares rather than with grandparents. That once essential role of the grandparent is less prominent in modern societies. The public education system rather than the family is passing down knowledge, or the knowledge they deem appropriate.

multigenerational.households.USA_

Could the extreme increase in the cost of living revive the multigenerational family structure? Pew Research has found that multigenerational homes, “defined as including two or more adult generations (with adults mainly ages 25 or older) or a “skipped generation,” which consists of grandparents and their grandchildren younger than 25,” are now rising in America. Around 59.7 million Americans lived in multigenerational homes in March 2021, compared to 58.4 million in 2019 before the pandemic. Yet a large cause of this shift is an increase in Asian and Latino immigrants, who account for a higher proportion of multigenerational households.

Around 10,000 Baby Boomers will turn 65 every day from now until the pivotal year of 2030. Estimates believe that there will be a 50% increase in the number of seniors living in nursing homes full-time by 2030. The Washington Post found that 10% of seniors 85 years of age or older now live in retirement homes unless they are working in US Congress.

The role of the grandparent was essential throughout all of evolutionary biology. Women had the opportunity to enter the workforce, and now, it is mostly a mandatory obligation due to living costs. Both parents are working, as are the grandparents, and the children are being partially raised by daycares and the school system. The role of the grandparent is vanishing from our society as a direct result of shifting economic and societal norms.

Childcare Costs Exceed Rent in the US


Posted originally on May 24, 2024 By Martin Armstrong 

12 year old kids

Bloomberg released a damning report that explains how childcare costs exceed the average price of rent in the United StatesThis does not factor in the various costs of raising a child, as it merely looks at the cost of sending them to daycare. The true reason we are seeing a birth rate crisis across the world comes down to economics.

Over half of families (53.3%) were dual-income earners in the United States as of 2019. That figure has been steadily rising over the years, and we will see more parents re-enter the workforce amid the cost of living crisis.

The US Department of Agriculture completed a study in 2017, before we were wiped out by inflation, stating that it would take around $233,610 to $306,924 to raise a child in the United States. Brookings Institute found that costs from birth to age 17 would total around $310,605. Expect to pay more.

Child Care Aware of America, a nonprofit, found that child care costs exceed the average rent payment by over 25% on average, but can topple 50% of the average cost of rent in at least eight states. The study found that childcare costs alone, not the overall cost of raising a child, consume 10% of a married couple’s income. Childcare costs spiked to $11,582 per child last year, marking a 3.7% increase from the year prior.

Three million kids are expected to lose childcare benefits this year now that COVID benefits are not available. America is the only advanced nation that does not offer paid maternity leave thanks to lobbying efforts. Statistics show those who have the least have the most kids, and parents expect the government/taxpayers to pay for those costs.

The birth rate declined by 3% in 2022 from the year prior, marking the lowest fertility rate on record. There were 3.59 million new births in 2023, the lowest since 1979. The only demographic seeing a rise in births are women over 40 (13 births per 1,000 women), as couples simply do not have the funding to bring children into this world. If they want to combat the rapidly declining population, they must look at the finances involved.