Has the World Simply Gone Mad?


Armstrong Economics Blog/Uncategorized Re-Posted Jun 8, 2023 by Martin Armstrong

 The indictment of Trump federally confirms what our computer has been warning about for the 2024 election – there will be none – at least a fair one at that. Never has any former president running for office been targeted and the Department of Justice has been completely weaponized. All for documents that he clearly had no intention of handing to some foreign enemy. They had to do with the stolen election and Hillary using the intelligence agencies to even spy on Trump when in the White House.

I do not say that as a Trump supporter. We have Hunter Biden who has committed crimes that anyone else would be in prison for and the IRS and DOJ have been protecting him. You have the FBI brought to the brink of contempt for refusing to release documents that could justify not just impeaching Biden, but charging him with Treason. The point here is that these are the tactics normally seen in banana republics and even Ukraine where the former president is somehow always criminally charged to eliminate opponents in the future.

Yet none of this matters anymore. The media has committed treason and is doing everything to destroy this country by refusing to EVER just be balanced anymore. All we get is endless propaganda and with the Canadian fires, they will not even ask how did all these fires start simultaneously and whether will they be used for now Climate Lockdowns to further destroy our economy?

V

Remember Schwab’s cheering on how great lockdowns were for society? This is why we now have a Commerical Real Estate crisis for they deliberate;y used the lockdowns to stop commuting to work to reduce CO2. They had no basis in mitigating COVID. Now people were compelled to work Virtually and that killed offices which was their end goal. While kids are back in school, physical local stores are doing better than expected, and even retirees have started to return to cruise ships. But the primary target was to undermine small businesses and terminate office buildings in general.

Commercial real estate is in far worse shape than most care to look at. Offices buildings are struggling and the implications set off a contagion that will engulf banks, landlords, municipal governments from a tax perspective, and individual investment portfolios. The economic damage from the lockdowns is far-reaching and it is due to make everyone sit up and say OMD post-2024.

This will be the next real estate crisis and this one will invoke a catastrophic change that will not come back anytime soon. There is nearly $1.5 trillion of US commercial real estate debt that comes due for repayment before the end of 2025. This impact the larger banks and many assume that the defaults of banks have been driving the cash from regional banks to the big banks in hopes of stemming this tide.

During the first quarter of 2023, U.S. office vacancy topped 20% nationally for the first time really since the Great Depression. Then there are cities that have embraced WOKE to their detriment and are witnessing the worst. In San Francisco, the vacancy rate in the first quarter of 2023 climbed to 29.4%, up from 27.6% in the fourth quarter of 2022. Manhattan has a vacancy rate of n the first quarter of 2023 at 22.2% according to Cushman & Wakefield.  Dallas has been absorbing the flight from California so its vacancy rate is 18.7% according to Cushman & Wakefield.  The commercial vacancy rate in Miami, Florida office market has an overall vacancy which has been declining counter-trend to the rest of the nation falling now to 15.8% according to Cushman & Wakefield. In Chicago, Class-A vacancy rate stands at 19.3% while Class-B vacancy jumped to 28.3% according to Cushman & Wakefield.

These figures understate the severity of this crisis. While Biden’s staff is stuffed with LGBTQ which overrepresents their portion of society, we are hanging by a thread economically. You have the standard people running around screaming the sky is falling and selling all stocks. But selling stocks is typically followed by the flight to quality which is government debt. Yet somehow that seems strange in the period of a collapse in the confidence of government.

Meanwhile, Ukraine is the MOST untrustworthy government on the planet. The United States intelligence learned of a Ukrainian plan to attack the Nord Stream natural gas pipelines three months before they were damaged last September by underwater explosions, The Washington Post reported on this citing leaked information posted online. The damn they blew up and tried to blame Russia just so happens to also impact the water supply of Crimea.

It was Ukraine which blew up the dam because it would cut off the water supply to Crimea. Everything also results in Zelensky demanding more and more money from the world. He is “shocked” that the Red Cross and the UN are not pouring money into Ukraine for disaster after every disaster they create. This is the man determined to draw in the entire world to destroy Russia. When we foolishly give them F16s, they will attack Crimea and we will have World War III.

Meanwhile, the losses of Ukrainian troops have exceeded 200,000 according to reliable sources inside Ukraine. This is why NATO is actually looking at sending in ground troops for Ukraine is losing badly. Nato countries now say that they may be willing to put troops on the ground in Ukraine if member states including the US do not provide tangible security guarantees to Kyiv. As I have warned, NATO’s only purpose is to create war – not peace.

Will It All Explode by the Ides of May 2025?


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

I know some people send emails alleging I am some sort of Putin supporter. Most of my sources come from inside Ukraine. There is NO government on this earth that EVER has 100% approval of its people. There are ALWAYS two sides just as we have in the polarization of the United States. Many have been forced to flee Ukraine. Zelensky has been forcing young boys to fight on the front line and they are inexperienced and dying by the thousands. Zelensky is wiping out a generation rather than simply honor the Minsk Agreement for the Donbas are Russians who they will NEVER accept anyhow. This is simply a land grab and he is destroying his country for the Neocons and will fly off to his estate in Miami to live like a king forever after.

I believe Zelensky is pure evil. He promised peace and is killing off an entire generation for his greatest European Investment of all time in rebuilding Ukraine with Blackrock – another evil private empire. His constant propaganda that Putin is evil will backfire. The Russian Presidential elections are scheduled to be held in Russia in March 2024. This will be the first round on Sunday, March 17th. If no candidate receives more than half the vote, then a second round will take place exactly three weeks later on April 7th, 2024. The winner of the election is scheduled to be inaugurated on May 7th, 2024. When we look at the computer, it has a Directional Change in 2024 and a Panic Cycle in 2025.

Absolutely NOTHING that comes out as news from Ukraine, NATO, or any mainstream media is EVER going to be the truth. NATO is really a terrorist organization. They exist only for war – not peace. Ask people who live in the former Yugoslavia how they were bombing civilians and the media covered that up as well. They have built this up all about how Putin is evil and Zelensky refused to allow even the Pope to mediate for peace saying you cannot negotiate with Putin. In truth, it is Zelensky who is the Judas and has sold out his own people for a handful of silver.

My fear is that Putin will step down and then we will see the hardliners take the helm. I do not see Putin there post-2024. The hardliners feel Putin has been too “soft” and had he simply invaded Ukraine instead of defending just the Donbas, then this war would have been over in 6 weeks using the same tactics the USA used on Iraq – shock and awe.

This does NOT look good for the future and these damn Neocons never consider what if they are wrong! They BS themselves into thinking Russia is weak and they can destroy it once and for all and divide it up into their EuroAsia and then turn on China. If the hardliners come in, they will do whatever is necessary to defend Russia against our insane Neocons like Lindsey Graham, Victoria Nuland, John Bolton, etc, etc. The United States will lose this war just as they did in Vietnam. People like Graham care nothing about the dead civilians who always outnumber the soldiers. He relishes the idea of washing his hands in Russian blood.

It was Ukraine that waged war on the Donbas calling them terrorists because they sought independence from Kiev which in itself sought independence from Russia. That was the pot calling the kettle black as they say.

It was John McCain preaching war and revolution at Maidan. What if Putin came to the USA and delivered a speech on January 6th calling for the overthrow of Biden? I seriously doubt that the American press would have looked at that very kindly. But our Neocons could care less about anything. All they want is endless wars.

Zelensky has done precisely the opposite of what he promised. The people wanted peace – not the destruction of their country. Zelensky is filling his pockets and as I warned from the very start, this would be the man put in place by the Neocons to begin World War III. Our lives mean nothing to the Neocons. They are absolutely evil people who cheer over the deaths of others. Communism fell. People like Lindsey Graham and John McCain never could stop their hating of Russians and Chinese. They should NEVER be allowed anywhere close to the government. Russia will defend itself and Putin has been the moderate. What comes after the next Russian election will not be moderate. Their Neocons are saying – See, I told you so. America is Evil! Thank you Lindsey Graham – there are people judging all Americans because of you.

C

Climate Change Agenda Threatens Food Supply – Ireland to Kill 200K Cows


Armstrong Economics Blog/Agriculture Re-Posted Jun 8, 2023 by Martin Armstrong

The push toward net zero emissions contains a sinister undertone – depleting our food supply. Ireland announced that they will murder 200,000 cows to adhere to Agenda 2030, ultimately reducing cow cattle by 10% in the coming years. Adding to the push for Universal Basic Income, Ireland is telling farmers that they can murder their livestock as a “retirement exit scheme,” decreasing the number of available farmers altogether. This outline will reduce available dairy and meat in Ireland, but demand will not decline, forcing the country to rely on costly exports.

In the end, the plan is not energy efficient at all. A quarter of all beef imported into the European Union comes from Brazil. “How is it environmentally friendly to kill large swathes of the Amazon, import that beef from Brazil to substitute for Irish beef that’s been culled here in this state. It’s a significant threat hanging over farmers in this country, and we must have a debate crystallizing exactly what the plan of this government is,” Irish politician Peadar Tóibín questioned.

Why are they targeting agriculture? Pat McCormack, president of the Irish Creamery Milk Suppliers Association, told reporters that the agriculture industry is no larger than it was 25 to 30 years ago. “Can the same be said for the transport industry, can the same be said for the aviation industry?”

This plan will cost Irish taxpayers $213 million annually. The government claims it is voluntary for now, but that will depend on how many farmers adhere to this plan and abandon their livelihoods. Once upon a time, cows were actually sacred in Ireland and appeared in numerous folklore stories. I’ve mentioned before that two groups that often overlap, animal rights activists and climate change activists, are at odds over the treatment of animals in the name of reduced methane emissions.

The Irish potato famine or the “Great Hunger” lasted from 1845 to 1852 – one million people starved to death. History repeats. Not only are they killing cattle, but they’re buying up farmland and reducing the availability of fertilizers. The push to diminish our food supply is occurring throughout the West, and the goal is to “reduce emissions,” aka the food supply by 2030, in accordance with Agenda 2030.

EU and WHO Plan Digital Vaccine Passports


Armstrong Economics Blog/Disease Re-Posted Jun 8, 2023 by Martin Armstrong

The European Union and World Health Organization met in Geneva this week to discuss plans for “future pandemics.” Governments and global organizations still want to control the masses with forced vaccinations despite the utter failure of the mRNA vaccine that did nothing to prevent transmission or infection. Still, the EU and WHO are planning to implement a global digital vaccine passport ahead of “future pandemics.”

The European Union was the mastermind behind the digital vaccine passport. The WHO and EU signed an agreement on November 30, 2022, to ensure transparency and coordination on future health issues.

Thierry Breton, EU Commissioner for Internal Market, said:

“With 80 countries and territories connected to the EU Digital COVID-19 Certificate, the EU has set a global standard. The EU certificate has not only been an important tool in our fight against the pandemic, but has also facilitated international travel and tourism. I am pleased that the WHO will build on the privacy-preserving principles and cutting-edge technology of the EU certificate to create a global tool against future pandemics.”

The World Health Organization issued a press release explaining the future of digital passports that will “help facilitate global mobility,” or in other words, limit the freedom of movement for the masses. One of the key elements in the European Union’s work against the COVID-19 pandemic has been digital COVID-19 certificates. To facilitate free movement within its borders, the EU swiftly established interoperable COVID-19 certificates (entitled ‘EU Digital COVID-19 Certificate’ or ‘EU DCC’),” the WHO stated on the EU’s “legacy.”

The WHO wants the entire world to adopt vaccine digital passports:

“To help strengthen global health preparedness in the face of growing health threats, WHO is establishing a global digital health certification network which builds upon the solid foundations of the EU DCC framework, principles and open technologies. With this collaboration, WHO will facilitate this process globally under its own structure with the aim to allow the world to benefit from convergence of digital certificates. This includes standard-setting and validation of digital signatures to prevent fraud. In doing so, WHO will not have access to any underlying personal data, which would continue to be the exclusive domain of governments.”

The press release ends by saying they will be particularly targeting low and middle-income countries, who are always the test subjects for these plans. Are people from low-income countries really traveling the world here? Absolutely no one is concerned about the millions of migrants and refugees entering the EU and America while infected with diseases. Preventing the spread of illness is not their motive.

Gold & the Future


Armstrong Economics Blog/Gold Re-Posted Jun 7, 2023 by Martin Armstrong

QUESTION: Mr. Armstrong, first I want to thank you for your independent analysis. In gold, all they ever say is buy – buy – buy. It seems if you ever say anything else, they ridicule you. Gold to them is a religion, not an investment.

My question is that you have always said that the fourth challenge to a high is when it breaks out. Do you expect that this year?

Thank you ever so much

WK

PS: Was that you at the Premier of Pandemic3?

ANSWER: We still have a barrier of overhead resistance at the 2160-2180 level and some at 2200. After that, the next resistance is around 2600. Keep in mind that Ukraine is the MOST untrustworthy country on the planet. Already arms provided to Ukraine have been used in the attacks inside Russia. The F16s will be used to attack Crimea. All they will do is spread their hatred and they are deliberately trying to create World War III. They will create a false flag to attack a NATO country and claim it was Russia. They have been desperately trying to capture a Russian missile so they can fire it at Poland.

Our computer shows NOTHING but war ahead, especially from 2025 onward. But for now, expect the volatility to begin to rise again from June into next January. INFLATION will NOT subside. It cannot when we are at war. Biden will spend whatever he is instructed by the Neocons.

Yes, I was at the Premier in Austin, Texas. That is me in the background.

There is no Glory in the Grave


Armstrong Economics Blog/War Re-Posted Jun 7, 2023 by Martin Armstrong

“The working class of Europe has nothing to gain from this war and everything to lose,” Irish European Parliament member Clare Daly stated in October 2022. “I find it laughable that those who call for arms to Ukraine never call for arms for the people of Palestine, or for the people of Yemen.” She is right – the people have absolutely nothing to gain through endless wars. Some may say, “Oh but Palestine and Yemen do not border Europe.” The neocons led Europeans to believe that they were in danger of Russian aggression, as if Russia were on a conquest to conquer all of Europe. In truth, they knew that Russia only wanted to reclaim a piece of land that historically hosted Russian people. Europe at large was never in danger; they are now.

Clare Daly has been aggressively advocating to end the war in Ukraine. Daly spoke out in March 2023, declaring, “Ukraine is burning through a generation of men.” Zelensky is sending in troops with no formal training who are expected to fight his endless war. People cheer when they hear of a successful attack or new weapons coming in, but no one thinks of the Ukrainian and Russian men on the frontlines who will never return home.

Think of the teenagers who know in a few short years that they too will be expected to fight, with no other potential future. Ukrainian male students were prohibited by the Ukrainian Ministry from traveling abroad to study, as Zelensky needed them ready to fight to replace their older brothers and peers who may perish in battle. Yet Zelensky parades around in a military green shirt, forcing men to die, knowing he will not receive so much as a scratch.

“These are human beings, and there is a shameful lack of empathy for ordinary people in the war rhetoric in here. The debate is about keeping the war flowing to keep the war going,” Daly shouted. Peace was never an option for the West. Russia did in fact offer to hold discussions. They appeased Russia with the Minsk Agreement that they never intended to keep, as former German Chancellor Angela Merkel admitted. Merkel said that the entire premise of the Minsk Agreement was to buy time to build up Ukraine’s military. War has always been the goal of the neocons. Russia was none the wiser of the grand plan until after they entered Ukraine.

Clare Daly has expressed how livid she is at the warmongers for continuing this war. It is a rare occurrence to see her speaking out on BBC or any major channels. She has questioned what it even means for Ukraine to “win” the war. “Ordinary people don’t win in wars, they’re cannon fodder in the games of others,” Daly said, “You can shout glory all you like, but there is no glory in the grave, and only graves come out of this folly.”

Current State of Affairs


Armstrong Economics Blog/Ukraine Re-Posted Jun 6, 2023 by Martin Armstrong

All my sources confirm it was the guy who wears the same T-Shirt to pretends he is defending democracy when he is not in his high-heels

Tucker Carlson Emerges on Twitter to Deliver Monologue


Posted originally on the CTH on June 6, 2023 | Sundance 

Former Fox News host Tucker Carlson is locked in a contract dispute with his former network who took him off the air, but continues to enforce the contract he signed with them.  As the contract battle wages, and while litigation with the network continues, Carlson is limited in his options for platform broadcast.

As a result, Tucker Carlson’s personal Twitter account which existed prior to his Fox contract and is not subject to the terms and agreements, remains an outlet for him to use while not violating his non-compete clause.  Almost all other platforms represent what would be considered online competition to Fox Digital, so broadcasting a new show on any of those digital platforms would represent a potential legal issue and not an option. {Direct Rumble Link}

Tonight, Tucker Carlson aired a 10-minute monologue, what he calls “episode 1” from his Twitter account. While Tucker does not financially benefit from the Twitter platform, for the social media owner Elon Musk the broadcast represents much needed content oxygen. Tucker states at the end of his monologue that if Twitter suppresses or uses their internal fact-check mechanism known as ‘Community Notes‘ to control his content, he will exit the platform. WATCH: 

(Reuters) […] Ukraine and Russia blame each other for the collapse of the massive dam on Tuesday, which sent floodwaters across a swathe of the war zone and forced thousands to flee.  Ukraine said Russia committed a deliberate war crime in blowing up the Soviet-era Nova Kakhovka dam, which powered a hydroelectric station. The Kremlin blamed Ukraine, saying it was trying to distract from the launch of a major counteroffensive Moscow says is faltering. (more)

Elon Musk, who not coincidentally entered an ideological alignment with Fox News CEO Rupert Murdoch on behalf of Ron DeSantis, has a vested financial interest in making sure his Community Notes police do not attach warnings and citations to the “controversial” dialogue of Carlson.  While there appears to be an ongoing CN notes war in the background, so far the Musk administrators have been able to keep the platform control agents from impeding the broadcast.

NOTE: CTH was tipped off last night that this broadcast by Tucker Carlson would likely take place today. As expected, the scraping of the Tucker video on to alternate distribution platforms took place. Hence, we are sharing the Rumble version of the Carlson broadcast.

The Cloward-Piven Strategy


Aemstrong Economics Blog/Civil Unrest Re-Posted Jun 6, 2023 by Martin Armstrong

COMMENT: Your reporting on the Red Cross and other organizations that facilitate the mass importation of illegals into America is well done. But its purpose is about more than just a move to import a bunch of Biden voters to help secure a second term.
Are you aware of the Cloward and Piven strategy? These were two communist professors who devised a plan to take down the capitalist structure of the United States through mass illegal migration that overwhelms U.S. social safety net programs and local governments. It is an intentional plan to collapse the U.S. and bring in a new (global) regime that will issue ‘guaranteed basic income’ to all.
I’ve never seen you comment on Cloward and Piven, would you care to share whether Socrates shows their plan will be successful?

REPLY:

The four steps of the Cloward-Piven Strategy:
1. Overload and Break the Welfare System
2. Have Chaos Ensue
3. Take Control in the Chaos
4. Implement Socialism and Communism through Government Force

Overburden the bureaucracy to break the system, create controlled chaos, usurp power as civil unrest peaks, and offer government aid as the only solution. This was the basis behind the Cloward-Piven strategy created by sociologists Frances Fox Piven and her husband, Richard Cloward. The couple published their theory in The Nation Magazine on May 2, 1966, entitled “The Weight of the Poor: A Strategy to End Poverty.”

This was a decade of political activism in America. The war in Vietnam was raging on and the alternative hippie lifestyle became prominent as people protested the violence. The Black Freedom Movement and the push for equal civil rights had peaked and helped to end the Jim Crow laws in the South by 1965. The LA race riots, also known as the Watts Rebellion, occurred in 1965 as well after the police beat a black man who was arrested for a DUI. That particular riot lasted for six days and led to 34 deaths, 1,032 injuries, and over 3,000 arrests. This began a string of riots in America where black Americans and supporters clashed with police, similar to the events that occurred after the death of George Floyd that started the Black Lives Matter movement.

We had major political activists such as Martin Luther King Jr. making real change in America. The intelligence agencies had a close eye on him, and his death in 1968 is a topic for another post. On the other side were the likes of Malcom X, who originally did not advocate for peace as King did. The cohesive movement fell apart with mass unrest and no one at the helm. The movement began with African Americans asking for basic human rights and understandable anger. The purpose of the movement, again similar to BLM, became lost, and the government aimed to use the civil unrest to its advantage.

“[T]he strategy we propose, is a massive drive to recruit the poor onto the welfare rolls,” the sociologists wrote in their theory. This theory aimed to overburden social programs at the state level to give the federal government the power to control the people.

“Widespread campaigns to register the eligible poor for welfare aid, and to help existing recipients obtain their full benefits, would produce bureaucratic disruption in welfare agencies and fiscal disruption in local and state governments. These disruptions would generate severe political strains, and deepen existing divisions among elements in the big-city Democratic coalition: the remaining white middle class, the white working-class ethnic groups and the growing minority poor.”

Cloward and Piven noted that civil unrest was necessary to create change and encouraged the government to antagonize the masses. “The poor are most visible and proximate in the local community; antagonism toward them (and toward the agencies which are implicated with them) has always, therefore, been more intense locally than at the federal level.” As the anger brews and protests erupt, the government will lasso in the masses, acted as both the hero and the villain.

“In order to generate a crisis, the poor must obtain benefits, which they have forfeited. Until now, they have been inhibited from asserting claims by self-protective devices within the welfare system: its capacity to limit information, to intimidate applicants, to demoralize recipients, and arbitrarily to deny lawful claims.”

Tell the people that they are victims and instill a sense of entitlement for their neighbor’s assets. Remind the people consistently that they are oppressed and only an equal distribution of wealth can save them from the confines of poverty. Cloward and Piven insisted that hard work could not “elevate the poor en-mass from poverty.”

“The ultimate objective of this strategy–to wipe out poverty by establishing a guaranteed annual income,” the theory clearly stated. The theory stated that the creation of unions was a good start to bargain collectively, but still not enough to solve poverty. “Union leaders have understood that their strength derives almost entirely from their capacity to provide economic rewards to members,” the theory noted. “A federal program of income redistribution has become necessary to elevate the poor en masse from poverty,” meaning a shift away from capitalism entirely.

Cloward and Piven stated that a minimum standard of living must be provided to the people through federal welfare. That right must be guaranteed to end oppression, thereby ensuring Guaranteed Basic Income. Furthermore, there could be no conditions for benefits as it “results in violations of civil liberties.” Therefore, expecting able-bodied people to work would be an attack on the welfare system. The sociologists insisted that most people were in fact eligible for welfare and encouraged the government to advertise in brochures, schools, stores, churches, civic centers, and public housing projects. They even advised the government to send people door-to-door to explain to people that they are oppressed and deserving of GBI as a “civil education drive will lend it legitimacy.”

“As the crisis develops, it will be important to use the mass media to inform the broader liberal community about the inefficiencies and injustices of welfare.” To succeed, the shift away from capitalism required “mass influence” and “publicly visible disruption.” “Crisis can occur spontaneously (e.g., riots) or as the intended result of tactics of demonstration and protest, which either generate institutional disruption or bring unrecognizable eruption to public attention.”

The bigger the crisis, the more power the government could usurp. They noted that politicians paid attention to massive uprisings, and they had been used to “reinforce the allegiance of growing ghetto constituencies to the national Democratic Administration.” The sociologists noted that the Conservative Republicans would decry a public welfare system and that the Democrats needed to appeal to the emotions of the people over logic. They also urged for “a coalition between poor whites and poor Negroes” to turn the race war into class warfare.

“Once eligibility for basic food and rent grants is established, the drain on local resources persists indefinitely.” Cloward and Piven wanted to overburden the welfare system at the state level to eliminate state rights. Therefore, under this theory, government is encouraged to market a crisis, antagonize the people, and offer a solution. The only solution being to replace capitalism with socialism or communism by which the people would be entirely dependent on government. You will own nothing and be happy.

England to Roll Out Guaranteed Basic Income Pilot


Armstrong Economics Blog/BRITAIN Re-Posted Jun 6, 2023 by Martin Armstrong

England will provide thirty individuals £1,600 per month to study Guaranteed Basic Income, also known as Universal Basic Income (UBI). The pilot program will monitor these individuals for two years to see how they put the money to use. As I noted in the blog post about the Cloward-Piven study, there must be no conditions for true Guaranteed Basic Income to work. That means that those chosen will effectively receive a “free” government handout at the expense of the working taxpayers.

The working taxpayers in lower earning brackets will likely look at those receiving free handouts and wonder how they too can get in on the scheme. “This is a substantial amount. Universal basic income usually covers people’s basic needs but we want to see what effect this unconditional lump sum has on people’s mental and physical health, whether they choose to work or not,” Will Stronge, the director of Autonomy thinktank, told the Guardian. “Our society is going to require some form of basic income in the coming years, given the tumult of climate change, tech disruption and industrial transition that lies ahead. This is why building the evidence base and public engagement now is so important, so the ground is well prepared for national implementation.”

They are already setting the precedent for a need for a welfare state. They’re purposely using a small sample size of 30 so that they do not need to show the drain the welfare system causes on the system. Those behind the social experiment claim UBI could eliminate poverty and create a perfect utopia. There is not ONE example in history where socialism has worked. Global governments have exacerbated inflation and the cost of living, and now they want you to rely on them for your needs solely. Socialism is never free. They will need to raise taxes and take from others to redistribute wealth, providing no incentive to work or for innovation to take place. As Margaret Thatcher said, “The trouble with Socialism is that eventually, you run out of other people’s money.”