Zelensky Cancels All Elections Becomes Dictator for Life


Armstrong Economics Blog/Ukraine Re-Posted Jul 8, 2023 by Martin Armstrong

QUESTION: Is it true that Zelensky is canceling elections?

HZ

ANSWER: On June 22, 2023, President Volodymyr Zelenskyy is a dictator installed by the West to create World War III against Russia. Zelensky told the BBC that Ukraine’s scheduled 2023 parliamentary and 2024 presidential elections would occur only if martial law had ended by that time, as reported by the New Voice of Ukraine. Hence, he has a personal reason not to seek any peace whatsoever.

There is NO WAY Zelensky is fighting for democracy – this is all propaganda. He hates Russians and refuses to allow them to separate as per the Mink Agreement and, at the same time, refuses them to vote in any Ukrainian election, no less for their independence. Zelensky is an outright war criminal, and over 8 million Ukrainians have now fled their own country because he refuses to end the war and is destroying his own country all for Blackrock’s investment scheme. His own people would remove him from office, so he cannot allow any election, and there is no way NATO or the USA will allow free elections in Ukraine.

There is no way this war will end without the Donbas’ destruction and Russia’s fall. It is a proxy war that the United States started. CIA chief John Brennan traveled to Kiev in 2014 and instructed them to begin the civil war. Kiev called the Russians of the Donbas “terrorist” because they sought independence from Kiev just as Kiev sought independence from Moscow.

Biden & Harris are clearly a no-brainer for the Neocons. There is way too much at stake. If the Neocons could, they would suspend elections in the USA as well. These people have wanted to destroy Russia for decades. They have waged endless wars, one after the other, and never won a single one. The Taliban are now major arms dealers selling billions of dollars of the weapons we left behind. They intend to escalate Ukraine and need to get the US directly involved because they cling to the idea that no president has ever lost an election during a time of war. They need to escalate this war and soon. The rumor is that Ukraine will detonate a dirty nuclear bomb and blame Russia, and then NATO and the USA invade.

The Dutch Government Has Fallen – Prime Minister Mark Rutte Future Uncertain, New Elections Likely


Posted originally on the CTH on July 8, 2023 | Sundance 

The Netherlanders are a rather dramatic sort, organizing their system of governance on coalitions of various shades that agree to high-minded pleasantries as a way to remain above the fray of pesky conflict.  Alas, once a moment of core and consequential disagreement reaches an impasse, the entire Dutch government is said to “collapse.”

The Dutch Prime Minister Mark Rutte traveled to Tunisa earlier this year, together with EU leaders, pledging €1 billion in assistance if the North African gatekeepers could just stop the flow.  The effort didn’t work, and his small country of 18 million, already dealing with major internal conflict driven by farmers and climate change, could not cope with the toxic political challenge of increased unlawful migration.

Associated Press – The ruling Dutch coalition collapsed Friday after tense talks among the four parties in Prime Minister Mark Rutte’s ruling bloc failed to broker a deal over ways to rein in migration, a senior politician said. 

Henk Kamp, a senior member of Rutte’s People’s Party for Freedom and Democracy told Dutch television: “It is a great shame that the government has now fallen.” The failure of months of talks on the thorny issue could now force a general election. 

Rutte’s Cabinet gathered late Friday in a hastily scheduled meeting. “We talked for a long time, we are coming here tonight because we did not succeed,” Defense Minister Kajsa Ollongren told reporters as she walked into the Cabinet meeting.

Meanwhile, opposition lawmakers wasted no time in calling for fresh elections. 

Geert Wilders, leader of the anti-immigration Party for Freedom, tweeted, “Quick elections now.” Jesse Klaver, leader of the Green Left party also called for elections and told Dutch broadcaster NOS: “This country needs a change of direction.”

Rutte, the Netherlands’ longest serving premier, presided over late-night meetings Wednesday and Thursday that failed to result in a deal. More talks were held Friday evening, and he declined to answer questions about the issue at his weekly press conference before the discussions.

[…] There will likely be an election for the 150-seat lower house of the Dutch parliament later this year amid a polarized and splintered political landscape. Rutte’s Cabinet would likely remain in office as a caretaker administration until a new government was formed.

During provincial elections earlier this year, a populist pro-farmer party put Rutte’s party into second place. The defeat was seen as a possible incentive for Rutte to do his utmost to hold together his coalition until its term ends in 2025. (read more)

WEF Seeks to End Private Car Ownership by 2050


Armstrong Economics Blog/Great Reset Re-Posted Jul 6, 2023 by Martin Armstrong

Goodbye car ownership, hello clean air: welcome to the future of transport,” the WEF published on its website back in December 2016. The first step is to transition cars to electric under the guise of climate change. This will cause all vehicles to be dependent on the electrical grid, which the government controls. Yet, they never planned to stop at electric vehicles. They want full control over you and where you go. It was announced at the Summer Davos that the ultimate goal is to end 75% of ALL car ownership, including electric vehicles, by the year 2050.

The WEF hopes that the masses will be living within 15-minute cities by 2050. Originally they wanted to accomplish this by 2030 under Agenda 2030, but they need to obtain complete control over the banking system first and usurp our essential resources so that we will be completely dependent on government for survival. “The Urban Mobility Scorecard Tool: Benchmarking the Transition to Sustainable Urban Mobility,” which was released last month, states 70% of the population will live within these urban areas by 2050. The three stated pillars to achieve this goal are governance, resilience, and connectivity. Schwab said it himself that he has already infiltrated government cabinets globally, and they are swiftly implementing regulations to make his dystopian utopia possible. The resilience pillar aims to overtake as much space as possible, which is why BlackRock has been steadily buying residential properties. Connectivity is more than simply aligning with governments, as that was achieved in the first pillar. Connectivity aims to integrate their tools of control into modern society. Digital IDs, currency, and social scores are coming.

Schwab claims that eliminating private car ownership will slash CO2 emissions by 3.9 billion tons per year. As a reminder, everyone flew on private jets and was chauffeured in limousines to Davos – they do not care about the environment in the slightest. There is a much darker motive at play that the public needs to realize. Free transportation will be provided in these 15-minute cities where most of the population will reside. Everyone will have a digital ID and social credit score. This is NOT about climate change — the goal is to eliminate the freedom of movement.

They can simply deny you access to your bank account with the push of a button. Without private vehicles, they can deny people access to public transportation to ensure everyone stays in place. The WEF does not think the human race has the right to freedom of movement. Everyone will be tracked and assigned a score based on how well they obey authority. Say they wanted to implement a climate lockdown for any reason at whim. Well, 70% of the population would then be guaranteed to stay in place with no alternative available. Took more trips on public transportation than your score allows? Entry denied! Didn’t take the latest vaccine? Entry denied! Governments across the globe are already on board to destroy society to BUILD BACK BETTER. They will make car ownership extremely difficult for the average person through taxes and regulations in the coming years. You will own nothing and be happy.

BRICS to Replace the Dollar?


Armstrong Economics Blog/Foreign Exchange Re-Posted Jul 6, 2023 by Martin Armstrong

The goldbugs cling to everything they can to promote gold at the destruction of the dollar. They are pushing the idea that China, Russia, and other BRICS countries are developing a dollar alternative. The truth of the matter is that is more fiction. Even India’s foreign minister S. Jaishankar came out and said, “There is no idea of a BRICS currency.” Foreign minister S. Jaishankar made it clear that the five-member BRICS group – consisting of Brazil, Russia, India, China, and South Africa – isn’t currently planning to develop a greenback substitute for trade and investments.  “On what we will discuss at the BRICS meeting, we’ll have to see because there are many other issues – but there is no idea of a BRICS currency,” he said, as shown by footage from the Hindustan Times.

To even attempt to do something is absurd to create a BRICS currency like the euro would doom their economies. The #1 market remains the American consumer, and to price things in some alternative currency would undermine their own economies. People need to understand currency.

That was the entire purpose of creating the Euro. German Chancellor Kohl took Germany into the euro for the purpose of eliminating the foreign exchange risk to other European states so that Germany could then sell more products throughout Europe. The euro was to eliminate that foreign exchange rise to increase sales. The propaganda of the goldbugs who just hate the dollar is utter nonsense. They will not create some BRICS alternative to the dollar, surrendering their sovereignty to some central power as all European states did by creating Brussels. Kohl denied the Germans the right to vote on joining the euro, for he knew he would lose. That is why he refused to consolidate the debts fearing the German people would rise up in revolt against him.

The Roman Empire was the financial capital of the Western World. They traded with both China through the silk road and India for spices. Even Alexander the Great attempted to conquer India and failed. Here we have an Indian imitation of a Roman gold aureus of Tiberius. The importance of Indian imitations of Roman gold coins demonstrates that there was a PREMIUM to the coinage of Rome above the metal content, which is why the Indians imitated Roman coinage. Otherwise, they would have minted their own coins in Southern India.

Indian imitations of Roman gold coins continued into the reign of Gordian III (2388-244AD), minted in Southern India that traded spices with the Greeks and the Romans. In Northern India, there was the Kushan Empire which was the first to issue Indian gold coinage. However, the Kushan Empire was not that portion of India that was engaged in the spice trade.

All of this proves a very significant point. The coinage was not simply the metal content. If that were the case, we would not find an imitation of the coinage of the dominant financial capital at that time. Here is a gold imitation of Philip II (359-337BC), Alexander the Great’s father.

We see the same imitation of the silver Athenian Owls (Tetradrachm) minted in Arabia. The same exists in Egypt, which did not issue its own coinage. Imitations of the dominant coinage of financial capital existed throughout the centuries.

Even during the 12-13th centuries, European states also imitated the gold Florin of Florence. All of this clearly establishes that the goldbugs are simply wrong and do not understand the monetary history of the world. There is always a premium to the dominant economic empire. For right now, that is the US dollar.

For now, the dollar will retain that role up to about 2029.

Reinsurance Rates for Catastrophic Coverage Jump as High as 50% to Insurance Companies Effective July 1st


Posted originally on the CTH on July 3, 2023 | Sundance 

As if carrying Homeowners insurance in California and Florida wasn’t already subject to ridiculous increases in premiums, things are about to get a lot worse.

Effective with the July 1st notification, Reinsurance rates, these are companies who insure the insurance companies, are telling their clients there will be up to a 50% increase in cost for underwriting catastrophic coverage.  Perhaps claims in the past few years have been higher; however, I suspect the issue amid the reinsurers is partly connected to the issue that surrounds banks and bond rates.

Back when interest rates were near zero, banks and reinsurers likely scooped up lots of Treasuries and bonds. As the Federal Reserve hikes rates those bonds have declined in value. When interest rates rise, newly issued bonds start paying higher returns to investors, which makes the older bonds with lower rates less attractive/valuable. The result is that most banks, and I suspect big reinsurance houses, have some amount of unrealized losses on their books.

Whatever the reason, the big reinsurance companies are now telling the insurance carriers their catastrophe rates are going up as high as 50%.  Those insurance companies will then pass those rate hikes to the individual policy holders for commercial buildings, residential homes, cars, RV’s etc.  Bottom line, homeowner insurance rates are about to go up again with policy renewals, especially in Florida and California.

LONDON, July 3 (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, with states such as California and Florida increasingly hit by wildfires and hurricanes.

Reinsurers insure insurance companies, and have been raising rates in recent years because of steepening losses, which industry players put down in part to the impact of climate change. Higher reinsurance rates can affect the premiums which insurers charge to their customers.

U.S. reinsurance rates for policies which previously faced claims for natural catastrophes rose 30-50%, Gallagher Re said.

Reinsurance rates for similar policies in Florida rose 30-40%, the broker added.

Some insurance firms have pulled out because of the risk of heavy losses. State Farm said in May it would stop selling new insurance policies to homeowners in California.

In Florida, “all the major carriers (insurers) left and so you ended up with this market which is populated by a large number of very small, very thinly capitalised insurers which is exactly what you don’t want,” James Vickers, chairman international, reinsurance, at Gallagher Re told Reuters. (keep reading)

In Florida specifically, homeowners insurance costs have now generally risen higher than the mortgage payment for a middle-class family.  This is not sustainable.

Not Good !

Beware France – Macron Moves to Shut Down Internet Communication to Block Rebellious Uprisings


Posted originally on the CTH on July 3, 2023 | Sundance 

If the lessons of COVID-19 have taught us anything, it should be that each step the totalitarian dictatorships take -under the guise of protecting new democratic norms- must be viewed through the prism of future targeting. Pay attention, lest we find ourselves on the alternate side of populist uprisings under state targeting.

I sent the prior warning message around the collaboration between private industry and western government surrounding financial restrictions placed on Russia. When VISA, Mastercard and other payment mechanisms willingly and willfully supported the intentions of the Western Government coalition, few people thought about the Rubicon this new merge and partnership was establishing. {SEE HERE} In essence, private industry determining the lifestyle of Russian citizens in an effort to target their political leadership. Few people were paying attention.

With France now pledging to shut down internet communication in an effort to control organizing through social media, there is a bigger picture that must be considered.

[SOURCE – Translated from French]

Let me take you back to 2010 and 2011 when the U.S. State Department, Hillary Clinton, Samantha Power, Susan Rice, CIA Director Leon Panetta and French President Nicholas Sarkozy wanted to support the Islamist Spring uprisings in Tunis, Libya, Egypt and Yemen.

What happened then is very much related to what we are seeing right now in Europe, specifically France; only this time we are seeing the inverse of the government interests regarding social media on display.

The bad dictators were targeted for removal following the now famous Barack Obama Cairo, Egypt speech. President Barack Obama triggered the removal of the Zookeepers and released the big cats to become apex predators; the downstream consequences eventually showed up with ISIS burning people in cages.

When the leaders of Tunis, Egypt, Libya, Yemen, Bahrain, Sudan and a multitude of other unapproved dictatorships, reacted to the collective effort of the CIA and U.S. state Dept by shutting down cell phone communication, the CIA and DoS responded by enlisting Twitter and Facebook as the messaging platforms for the rebels in each country.

Twitter became the main conduit through which the people on the ground could organize against their regimes. This was the initial merge of the U.S. government using social media to effect political change. [Side Note: this is the atom splitting moment which eventually led to the government’s ability to control, filter and ultimately censor U.S. social media content.]

Twitter, and to a lesser extent Facebook, served the interests of western government by helping the people on the ground to organize protests, violent uprisings, against the dictators in the Arab Spring. As we eventually saw in Libya and Egypt, the Muslim Brotherhood (Egypt, AQIM) and al-Qaeda (Libya, AQAP) were supported by the State Dept/CIA during that effort.

The key takeaway is: the uprisings were supported by the western governments, and the social media platforms served the interests of the western government leadership.

Now fast forward to today…

We have the inverse issue for the interests of western government, specifically France and broad parts of the EU as well as the United States.

General uprisings, riots and assorted mayhem created by mostly Islamic immigrants and the subsequent cultural clash, are against the interests of France and the EU. The ability of the cultural insurgents to organize on social media is now against the interests of western government. How are they reacting? They are shutting down the utility of the platforms and shutting down the internet.

The initial takeaway from this might be perceived as good. The rioters are creating social unrest, looting, arson and crisis; they must be stopped and controlled. It seems like the government action will be a good thing.

However, as with the example of private corporations joining in alignment with WEF government to target Russia, what do you think will happen when a populist revolt of yellow vests, or anti-vaxxers, or freedom rebels take to the streets? Precedents are being set.

You might cheer France using control over communication to target the violent brown people now; but what happens when those same EU entities decide to target the communication of a different type of uprising. This is me, sending warning flares to those who might not care about this ‘beta-test’.

Oh, and don’t forget the Senate Intelligence Committee recent effort with the Restrict Act, total internet and domestic social media control pushed under the auspices of controlling TikTok data collection.

♦ Let me also point out that it does not seem in the least bit coincidental these French uprisings happen at the same time that Elon Musk and Twitter start limiting the ability of users to engage with the social media platform.

Musk claims that changing and restricting user access is all part of some necessary plan to stop scrapers from scouring the data of Twitter users and creating an AI system for censorship and control. That’s nonsense. Scraping and Spider Crawling happen on just about every site and platform where public comments take place. Reddit and YouTube comment systems are one example. Truth Social is another example.

Google AI has been scraping content from the entire internet for years. It is silly to say that a new censorship system using AI to scrape user information is a valid reason to shut down user engagement with the platform.

When it comes to censorship, Elon Musk would have you believe he is not in control. Again, nonsense.

All censorship starts with the actuated decision of the platform to allow or remove content. Despite Musk claiming there is some entity, some omnipotent system that can force him to censor Twitter content, there is not.

If Elon Musk does not want to censor content, he doesn’t censor content. These are his decisions.

However, Twitter and various social media platforms, but specifically Twitter, are at much heavier levels of user engagement outside the United States. It makes sense because in oppressive regimes where information from state-controlled media is tightly restricted, social media plays a larger role in the transmission and absorption of unfiltered information.

The level of user engagement, likes, retweets etc. is much higher for Twitter users outside the United States. Those users are also far less likely to pay for the service.

When Elon Musk is limiting the ability of non-paid users to engage in his platform, he is essentially assisting the dictators who control the government in those nations to limit information sharing.

Twitter’s current rules on user engagement restrict non-USA users at a much more significant level. As a result, Twitter’s rules are limiting information on a global scale. Elon Musk is well aware of this; he is not stupid.

When your world of enterprise is financially enmeshed with government to pay for it, you end up doing what those government offices tell you to do.

Is the timing of the Twitter decision related to geopolitical events like France? You decide. However, for me personally, and knowing the true operations of Twitter as a public opinion control platform (see Twitter files), I am fairly confident there is a connection of interest.

Is Elon Musk running a Twitter version of the RESTRICT ACT … again, where user data must be protected. 👀

France Burns While Media Demand We Pretend Not to See the Origin of the “Crisis”…


Posted originally on July 2, 2023 | Sundance 

For years, decades even, we have watched as European cultural elites, rich white people, literally chose to accept a path to their own inevitable destruction.

Yet now, even as stores are looted, buildings that withstood World War II are destroyed, and rampant violent mayhem erupts, we are supposed to pretend this had something to do with a 17-year-old named Nahel Marzouk who was shot dead by French police for trying to use his vehicle to kill them.

Twitter account put together video from recent events in Europe, transposed with a speech given by Enoch Powell 55-years-ago, to highlight the insufferable cultural marxist pretending that is now rampant. {Direct Rumble Link}. Watch closely and see the future of the United States. WATCH:

[Full “Rivers of Blood” Speech Here – YouTube]

[FRANCE] – … “France burnt for a fifth night as rioters rampaged through major cities, torching cars and trashing buildings – prompting the drastic deployment of French special forces in an attempt to stop the mayhem from escalating. 

Up to 7,000 police were deployed into Paris overnight – joining a nationwide force of 45,000 officers – as the civil unrest deepened following the killing of Merzouk.

The worst trouble overnight on Saturday to Sunday was in Marseille, where police fired tear gas and fought street battles with youths around the city centre late into the night. A beefed-up police contingent arrested 55 people there.

In Paris, police increased security on the Champs Elysees and on the Rue de Rivoli after calls on social media to gather there.

[…] Mass police deployment has been welcomed by some frightened residents of targeted neighbourhoods and shop-owners whose stores have been ransacked – but it has further frustrated those who see police behaviour as the core of France’s current crisis.

The unrest took a toll on Macron’s diplomatic standing. German President Frank-Walter Steinmeier’s office said Macron phoned Saturday to request a postponement of what would have been the first state visit by a French president to Germany in 23 years. Macron had been scheduled to fly to Germany on Sunday.

Hundreds of French police and firefighters have been injured in the violence that erupted after the killing, though authorities haven’t released injury tallies of protesters. 

In French Guiana, an overseas territory, a 54-year-old died after being hit by a stray bullet.

On Saturday, France’s justice minister, Dupond-Moretti, warned that young people who share calls for violence on Snapchat or other apps could face legal prosecution. Macron has blamed social media for fuelling violence.

The violence comes just over a year before Paris and other French cities are due to host Olympic athletes and millions of visitors for the summer Olympics, whose organisers were closely monitoring the situation as preparations for the competition continue. (read more)

Sunday Talks, Neil Oliver Outlines the Globalist Targeting, De-banking and De-personing of Nigel Farage


Posted originally on the CTH on July 2, 2023 | Sundance 

Neil Oliver’s monologues each week are even more critical in the intellectual pushback as the thoughts and monologues of Tucker Carlson.  Neil articulates the issues and reaches an audience thirsting to understand just how corrupt the systems are that flow from the globalist and corporatist constructs.

Behind all the disparate institutional machinations, the larger objective of globalism and nationalism continue to present the most direct reference point of the conflict.  Just as Donald Trump represents this dynamic clearly in the United States, within Europe UK political figure Nigel Farage has been the tip of the spear confronting globalism and representing the face of British nationalism.

As a result of this dynamic almost every multinational and corporate EU institution has attempted to destroy Nigel Farage.  The latest example comes from the banking system in the U.K which has told Mr. Farage he will not be permitted to engage in banking, finance or commerce.  Neil Oliver takes this example and puts the larger context into his monologue.  WATCH:

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The French Riots


Armstrong Blog/Civil Unrest Re-Posted Jul 1, 2023 by Martin Armstrong

QUESTION: Martin,

You said to watch France and an early warning indicator. Might Europe be on the precipice?

My family, friends, and I thank you for everything that you do.

Best wishes,

JC
ANSWER: What we are watching in France is far more than simply a police shooting of a 17-year-old youth. The New York Times reported that in subsequent years, several beatings by the police and deaths in custody led to minor protests. This appears to be cumulative, but economic stagnation is eating away at Europe. While the overall unemployment rate in France is about 7%, the youth unemployment rate of ages 15 to 24 remains over 20%. This is a direct source of the unrest. All civil unrest is ALWAYS rooted in economics. A simple correlation between the global economy and economics reveals the source.

The danger is that as the economic conditions of Europe get worse with all the insane regulation for Climate Change that is reducing food production to eliminating jobs, all for a theory pushed by the WEF to create a new world of totalitarian order, we see hostility rising not just internationally, but also domestically and this can spread as a contagion throughout the EU. You cannot destroy the livelihood of so many people without dire consequences. This is partly why they also want the international war to divert attention from their failed climate change agenda.

The recent events in France are an uncanny repeat of the youth/racial riots of the autumn of 2005. That is when two youngsters of Arab origin were electrocuted while trying to escape arrest by the French police. This time, two police officers shot a juvenile of Algerian origin as he tried to escape in a stolen car. The evidence that surfaced showed that the police officer was in no danger. That is what set off the rights once again.

In the hours that followed, literally tens of thousands of primarily young males, many of them minors, poured out and launched violent riots in the suburbs of French cities. These riots appeared Nantes in the north to Marseille in the south. They set fire to cars and public buildings that, included schools. They began to pillage local stores, and hundreds of people were arrested in the process. The government has reported that 170 policemen have been injured. This appears to many as once again racial since the rioters, this time, are third and fourth-generation descendants of migrants. There have been reports that some are said to have used firearms to harass the locals living mostly in social housing.

Terrorist attacks of 2013 on the Bataclan Club in Paris and 2016 in Nice resulted in a significant shock to French society. Consequently, a state of emergency was declared and then extended. It was finally lifted in 2017, but a new law passed simultaneously made some of its provisions permanent. This has left scars that some view as racial against Arab immigrants.

When we look at Europe, what is interesting is that in absolute figures, France remains much more unattractive for continued migration. Social welfare is far better compared to other European countries. In France, the proportion of people born abroad has been stable at around 10% for years because of those terrorist attacks. In Austria, this proportion of migrants has risen from 13% in 2015 to over 20% today. Friends in Austria complain that their society has been forever altered. The massive immigration wave of 2015-2016 hit Germany, the Scandinavian countries, and Austria primarily because of their welfare systems. France was at no time a target country for this mass immigration at that time.

President Emmanuel Macron had to cut his trip short to the pathetic EU summit on migration. Macron has come out and blamed TikTok for the escalation of violence. Interestingly, Twitter began to suppress user accounts in France that posted images and videos of the riots last Friday. Twitter even shut down accounts of non-France origin for posting about the riots. Because of French media law,  Twitter avoided committing a criminal offense. Macron is also making the parents of those rioting minors responsible. Back during the 2005 riots, his predecessor, Nicolas Sarkozy, in response to the growing violence, cut social benefits for their families. That was 15 years ago.