South Korea’s Yoon Declared Martial Law – Overturned in Three Hours


Posted originally on Dec 4, 2024 by Martin Armstrong 

SouthKoreaYoon

South Korean President Yoon Suk Yeol declared an “emergency martial law” on Tuesday without providing clear reasoning. Sources say that Yoon fears impeachment from the opposition party and this declaration is merely a way for him to buy time. “To safeguard a liberal South Korea from the threats posed by North Korea’s communist forces and to eliminate anti-state elements… I hereby declare emergency martial law,” Yoon announced. Parliament overturned the measure within three hours.

What happened was absolute pandemonium. One member of Parliament live-streamed himself climbing over the gates of parliament with the military behind him to cast his vote. Every member of parliament voted against the president’s actions, but Yoon is not going down without a fight. The police and military did not know how to respond after parliament overturned the measure. Parliament was forced to barricade themselves in the building until martial law was lifted. World leaders, the US in particular, frantically contacted Seoul to say they had no warning. Naturally, Korean stocks took a dive as confidence was violently shaken. Yoon was worried about impeachment before this spectacle, but how could he remain in power now?

Martial law would have prevented an immediate impeachment, or at least that is what Yoon had hoped. Under martial law, the National Assembly is severely limited, and it would be difficult to hold impeachment proceedings. Civil liberties were stripped from the people, who were unable to protest or organize to call for an impeachment. Yoon could have used the military to prevent any dissent. He has already painted his opposition, who hold a majority in parliament, as pro-North Korean communists intent on destroying the nation.

The people of South Korea were caught off guard by the emergency declaration. Still, the president insisted it was necessary to protect the people, rather than himself, from a fair democracy. Yoon went as far as accusing the National Assembly as “a haven for criminals, a den of legislative dictatorship that seeks to paralyze the judicial and administrative systems and overturn our liberal democratic order.” Yoon is also enraged at recent budget cuts, which he believes will turn South Korea into “a drug haven and a state of public safety chaos.”

Yoon has used every trick in the book. He has declared that he is protecting the people when in fact he is protecting himself. Only Yoon is attempting to silence the democratic process by behaving like a dictator. The people do not want this man in power. Gallup Korea conducted a poll last month that found 72% disapproved of the president, with only 19% in support. He has rarely received a favorability rating of over 30% due his countless scandals and corrupt image. An online petition gained 811,000 signatures to have the president removed immediately. Yoon has not been officially impeached, nor has it been formally discussed, yet many believe this sudden declaration of martial law is directly related.

Opposition leader Lee Jae-myung believed a coop was inevitable before martial law was lifted. “Tanks, armored personnel carriers, and soldiers with guns and knives will rule the country,” he warned. “The economy of the Republic of Korea will collapse irretrievably.” Hours later, Lee was frantically making public statements to urge the military to retreat, claiming they would be labeled accomplices. “To the police and the members of the armed forces: any orders from the president stemming from this illegal martial law declaration are clearly unlawful, as they violate the constitution and the law.”

Was the president of South Korea attempting to overthrow his own elected government? Socrates warned that 2024 would be the political year from hell and much could happen in the next three weeks.

The Coming EU Depression into 2028?


Posted originally on Dec 3, 2024 by Martin Armstrong 

ECM Wave 2020 2028 Pi

QUESTION: I want to apologize and thank you. I thought you were just a Trump supporter, but your warning that his tariffs can send the world into a depression demonstrated not just that I was wrong but that you are a genuinely impartial and independent voice in the wilderness. Here in Europe, for the last six months, the newspapers have presented Trump as the devil with no hope whatsoever. Everything you warned here about our economy with climate change and warmongering is correct. The migrant crisis combined with the economy turning down, you warned, would lead to rising civil unrest here as well. With the wave of layoffs in the auto industry, the German economy is in crash mode, as you had forecast.

A friend of mine has followed you since the 1980s. He has been telling me you were the most honest man he ever encountered, and everything you do is to try to steer the world through this chaos into 2032. I can see by your actions that he has been correct. Somehow, we have to get our leaders to listen.

Where do you see Germany headed now on your timeline?

HG

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ANSWER: Unfortunately, it has been preordained that we are headed into a recession in some areas and a depression in others, especially in Europe. Trump will be blamed, as Herbert Hoover was, but in both cases, the trends were preordained. Trump, with the bad advice he has been given regarding tariffs, is likely to end up destroying the Republican Party and the implosion we are witnessing in the Democrats.

German Driven Stake through Heart

The core foundation of the entire European economy is Germany, its richest nation. As they used to say about America, if it catches a cold, the rest of the world suffers pneumonia. They say that behind the headlines of “Deutschland,” it has been structured on the automobile, which has also given rise to dubbing it “Autoland.” German cars have long been regarded as the best in the world. Indeed, Europe’s most prosperous business engine has been relying on automobiles, and the climate change agenda has been like you kill a vampire – driving a stake through the heart.

German Auto Layoffs

Volkswagen, Europe’s number one car manufacturer, has threatened thousands of job cuts and potential plant closures in Germany as it confronts unions over inflation. The climate change agenda has had a major impact on lowering demand, and on top of that, they are finding stiff resistance to higher-end electric cars. The current cost-cutting layoffs and proposed German plant closings are sending shockwaves into the global marketplace with worldwide implications. Automakers like Mercedes Benz, BMW, Ford, and other industrial giants are all cutting costs and employees across the country. However, Volkswagen announced layoffs for tens of thousands of workers and is considering unheard-of plant closings. The world’s largest auto parts supplier, Bosch, which is one of Germany’s biggest employers, is also reducing both hours and pay for about 10,000 employees. Even Meyer Werft, the German shipbuilder from the 1800s, also recently needed a US$423 million bailout to avoid bankruptcy.

The economic policies of Brussels have absolutely undermined the entire European economy of the EU. As I have also warned many times, Germany has clung to the old Mercantile economic model, keeping taxes high to prevent inflation and manufacturing products to sell to everyone else to bring home the profits. The auto industry will account for up to 17% of German exports in 2023. The total amount of jobs this has accounted for exceeds 750,000 people. German manufacturing has been unable to recover fully since COVID-19 2020. To this day, it has, at best, recovered to only 90% of pre-COVID levels.

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The RUSSIA, RUSSIA, RUSSIA propaganda of the Neocons has severely impacted Germany with the destruction of Nord Stream. The Government refuses to turn on the second pipeline and instead has forced its economy to suffer at least a 300% increase in energy costs. With cheap Russian gas no longer viable and exports to China declining, the war policies of the EU coupled with the economic crisis created by climate change and the cost of funding unproductive migrants, the prospects for the economy of Europe are pointing toward somewhat hard times into 2026. This will most likely contribute to tensions and pointing fingers at Russia to justify war being pushed by NATO.

In late October, Merceds-Benz reported that group profit dropped over 50% year over year, and Ford announced plans to cut its European workforce by 4,000 as well. Germany has depended more on Moscow and Beijing than all other EU countries. With ministers in Germany calling for Article 5 under NATO for a hybrid attack, they are unquestionably undermining the German economy with all of this geopolitical tension thrust on Europe by the Neocons. NATO is pushing to expand operations to Asia, and this is further undermining the German economy in the long term, transforming China from a viable trading partner into a systemic long-term enemy. No leaders are even interested in peace, and they are just doing as directed by the Neocons and NATO, who have no interest in the economy of the people – only waging war.

This lethal combination means that Germany’s entire economic model is under assault from every direction. Then, the tariffs of Trump’s proposals will be added, which will be the final nail in the coffin of the EU. This hybrid Merchantile Model of Germany no longer works. Germany needs major reforms, and that is not likely with Brussels in charge. This immediate lethal combination with a very cold winter expected on our model warns that Germany is headed into a serious recession for the next two years. Brussels is too interested in retaining centralized power and control over the EU member states, and it is ignoring the ripple effect of the decline in Germany throughout Europe.

deGaul Charles

THIS IS WHY THEY WILL TURN TO WAR

There is no question that the German economy is going to go down hard as this lethal combination of climate change and migration moves to give a death blow to the industrial backbone of Europe, and the politicians are too caught up in the narrative to question the rhetoric. The French head of state met the Finnish president and the Swedish prime minister, and all that came out of it was defense for war. This was an opportunity to carve a new path, but it was dominated by the Neocon speaking points – RUSSIA, RUSSIA, RUSSIA. Macron only pushed the lifelong dream of Charles de Gaul (1890-1970), which was that France should rise to lead all of Europe – the Napoleon dream.

Merkel_Minsk_Buy_Time_to Prepare for wart
Yogoslavia_map_of_breakup

Macron stressed the need to build a powerful Europe of defense, security, and partnerships, particularly in an international context marked by a multiplication of crises and the continuation of the Neocon theme “Russia’s war of aggression in Ukraine,” said the Elysée. They refuse to admit that the Ukrainian civil war was started at the instigation of the West. The solution was clear: the same outcome as the breakup of Yugoslavia into ethnic states. The Minsk Agreement that Merkel admitted was negotiated in bad faith was to allow the Donbas, which are ethnically Russian, to vote on their separation from Kyiv, which was dominated by the old Nazi ethnic cleansing.

Instead of offering any viable solution to the Ukraine War, the leaders kept up this nonsense that Ukraine could actually defeat Russia. I guess they never read the Neocon memo – kill as many Russians as possible until the last Ukrainian falls. The leaders have only stressed the need to step up support for Ukraine with the same nonsense that if Russia defeats Ukraine, they will then turn on all of Europe. This is no longer the 19th century days of empire building, and the Russian people are no longer interested in such a conquest, as Europeans want to occupy Russia.

Macron knows that France is in deep economic trouble as it has one of the highest Islamic populations, about 10%, compared to Germany at 6%. Macron keeps the prowar propaganda claiming that the aim must be thwarting Russia’s war of aggression and restoring Ukraine to its “legitimate rights, which is far from the truth. He added that the important support for Kiev included “strengthening the European defense industrial and technological base, in order to reduce our strategic dependence and reinforce our production capabilities.” Once again, Macron is still pushing France to take the lead and assume the USA under Trump will not support their endless war against Russia.

Scholz

On Monday, Der Spiegel reported that Scholz made an emergency visit to Ukraine that was a surprise. He expressed his solidarity and promised Germany would remain “Ukraine’s strongest supporter in Europe.” He promised €650m in further military equipment would be delivered in December. This only prolongs the war, for with the German economy turning down very hard, he needs a distraction, which will be the war with Russia. When Biden imposed the sanctions on Russia, and gasoline prices soared, he called it “Putin’s Inflation,” as if the Ukraine Civil War caused the rise in gasoline rather than the sanctions imposed on Russia. Once again, it diverts everyone’s attention from the domestic economic turmoil to international war.

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World Peace

Even when we look at Renault in France, we see next year as a Panic Cycle and a Directional Change. These European leaders are pushing Europe into World War III at NATO’s direction to the peril of the European community. NATO is not necessary if there is peace. This is why they constantly beat the war drums, fearing their funding would be diverted to something else.

Marine Le Pen in France pledged to bring down Prime Minister Michel Barnier’s government after he failed to meet her demands on a new budget. Barnier invoked a constitutional mechanism allowing a social security bill to be adopted without a vote, thereby eliminating democracy entirely. This only opens the door to no-confidence motions. Le Pen said her National Rally party would join a left-wing bloc to support dissolving the government. The National Rally is the largest party in the lower house of parliament, making Le Pen’s words something that warrants attention.

Peace is not profitable, and it allows the people to benefit from the private sector – rather than the government. NATO does everything it can to fuel the fire of war to ensure they keep the funding going for their pensions. Until we wake up to the plans of NATO under the entire WEF scam that they will become the military world department under the one-world government of the United Nations.

Tax Robbery
Trump Tarrifs

And then there is the serious threat of Trump’s Tariffs. The entire theory of Trump’s tariffs is off the wall. It has two parts. One is because of the trade deficit trying to bring back manufacturing to America, and the second is to fund the government by eliminating the income tax. Companies left not because of cheaper labor but because of insane tax policies in the USA. Eliminate the income tax, and everyone will move back, and other companies will pour into the USA real fast. This idea that we can fund the government with tariffs as we once did before the income tax sounds nice, but it is not practical. This will lead only to protectionism and retaliation against American companies. This is unnecessary, but Trump is harder to convince than getting Pelosi’s magic stock trading algorithm.

Canada’s Migrant Crisis Costs Rise to $16 Billion Annually


Posted originally on Dec 2, 2024 by Martin Armstrong 

I have warned that there will be an exodus of migrants fleeing the United States for Canada in the wake of Trump’s presidency. The Immigration and Refugee Board of Canada said that the sheer volume of asylum seekers has spiked to the highest on record, with the number of cases rising from 60,000 annually to 200,000. New figures state that Canadian taxpayers are now on the hook for $16 BILLION per year to fund Trudeau’s open borders.

The average processing time per asylum seeker was once 14 months, but due to the uptick in cases, it now takes about 44 months for one person to be processed. Deputy Chair of the Refugee Protection Division, Roula Eatrides admitted that 70% of the agency’s inventory is around a year old. The extended wait time has provided those who do not qualify for asylum status additional time to linger in Canada.

“The refugee program was never supposed to be a backdoor entry into our country to get a work permit. It was supposed to be there to help those that were fleeing persecution, that had an act of war in their country of origin, and that wanted to save their lives,” said Conservative MP Arpan Khanna. “Marc Miller himself acknowledges that most of these cases are likely going to be fake asylum claims for folks whose statuses are expiring but want to stay in this country,” said Khanna.

Khanna said Trudeau is the “bad actor” that he has blamed for the nation’s migrant crisis The costs to fund these migrants is simply astronomical. Conservative MP Lianne Rood launched an inquiry over the spring that found taxpayers were forced to pay $224 DAILY to fund the newcomers, a price that will only rise as more migrants reach the Canadian border.

The Canadian government spends about $140 daily on shelter accommodations and $84 on food and other expenses. Liberals created the Interim Housing Assistance Program to house anyone who enters Canada legally or illegally, and those 3,800 rooms were said to have cost $557 million annually as of November 2023. That program was intended to be temporary and fails to provide even a fraction of the space needed. Then the taxpayers are also on the hook for healthcare and legal costs. The public offices catering to the migrants must also receive their pay.

New data has revealed that costs per asylum seeker have rose to $81,760 annually. In comparison, the average Canadian earned over $11,000 less per year. If the 200,000 people registering for asylum are granted permission to stay, the total bill will reach $16.35 annually and counting.

Charlie Kirk and Glenn Greenwald Discuss the Unspoken Power of the DNI


Posted originally on the CTH on November 27, 2024 | Sundance

Keep pushing the TRUTH folks; just keep pushing.  I’m going to call this a ‘win’ because this is the first time I have seen an accurate discussion of the little-known power of the Office of the Director of National Intelligence (ODNI).

More than two decades ago, it was a commonly accepted discussion point that the intelligence apparatus within government was a system of intensely protective silos of information.  Heck, the entire precept behind the creation of the ODNI was to put one person into a position of perspective above all the other silos.  However, when those silos were weaponized by The Lightbringer it became verboten to discuss it.

In this interview and discussion, Charlie Kirk and Glenn Greenwald discuss the possibilities available to Tulsi Gabbard in the position of DNI.  For the first time the context of the actual power within the office begins to surface.  WATCH:

The DNI office has never been used for its intent. Washington DC created the modern national security apparatus immediately and hurriedly after 9/11/01.  DHS came along in 2002, and within the Intelligence Reform and Terrorism Prevention Act of 2004 the ODNI was formed

The ODNI was formed in 2004, with the intent for the office to be the pivot point of a national security radar.   The DNI was intended to provide information to domestic agencies about foreign terror networks that would prevent something like 9-11 from happening again.  However, the Office of the Director of National Intelligence has never, not for one day, operated on this intent.   This is why they are such a critical position from my perspective.

The office was new, not established yet as a functioning silo, when Barack Obama and Eric Holder arrived in 2009.  They quickly dispatched an idiot, James Clapper, into the operation so they could weaponize around the offices’ fulcrum point.

Prior to the DNI office existing, the CIA radar would sweep externally and then report to the Office of the President. The DNI was intended to take external radar sweep (CIA) and make it a full 360° circle, adding a sweep inside the USA that would be handled by the Dept of Homeland Security (DHS).

The DHS sweep and the CIA sweep would then be combined into a central collection hub called the ODNI.  Everyone with responsibility for “national security” could access the ODNI material. Essentially and presumably, post 9-11 nothing like jihadists practicing flying airplanes would be missed again; at least that was the intent.

The weird part is that because the DNI was immediately weaponized, the office has never functioned to the purpose of its intent.  No one truly knows what the office possibilities consist of because no one has ever seen anyone try to functionally control the hub.

The DNI can assemble material from any silo.  Meaning the DNI can reach into any IC silo and extract anything they want.  Under the original authorities given to the DNI, this authority exists.  So, let’s spread the wings on this office and do exactly what it is permitted to do, only this time extract for the purpose of showing the President what is happening in every silo.

In essence, the DNI *CAN BE* deployed like a super strong cross-silo inspector general’s office.  Force the other IC silos to comply with the demands of the DNI.  This has never been done, but the DNI has this unique power.

The DNI can make the FBI, DOJ, DOJ-NSD, DoD, DoS and CIA provide anything and everything they demand.  Instead of the other silos using blocks and threats against the office of the President, use the authority of the DNI to get them without confrontation.   Then use the DNI to declassify the documents (if requested by potus), instead of the originating silo.

Can you see how the DNI office can be repurposed to be a seriously strong weapon in the toolbox of the President, against the schemes of those inside the various IC silos.  The DNI becomes much more important than the CIA Director, NSA Director, FBI Director, Attorney General, etc, because the DNI can just show up and say, “give me this.”  That’s the whole functional purpose of the DNI office that has never been exerted; let’s flippin’ use it.

Let’s use the office of the DNI as the central information hub that takes information from inside the corrupt silos, then provides that information to the President who puts sunlight upon it.  Each corrupt silo penetrated with disinfectant.  This could begin a process to pull down the shadow operations and let the American public see what has been happening inside our IC apparatus.

This is what is possible.

Is Tulsi Gabbard the person who can get it done; I don’t know.

What I do know is that we will watch the granular resistance of the silo operations in real time as they unfold, and we will outline exactly how each of those silo defenses can be overcome.

Romanian Globalists Appeal to EU for TikTok Investigation After Nationalist Wins Election


Posted originally on the CTH on November 27, 2024 | Sundance 

In the background of other interesting matters, it’s worthwhile taking a glance into the TikTok battle every once in a while.  While I retain a slight ambivalence to the issue of TikTok and social media control mechanisms, it is also true that TikTok is currently the only larger used platform that is not directly under the wing of the U.S. Intelligence Community.

As we noted in the recent Romanian election outcome, the winner of round #1, a nationalist-minded Romania First candidate named Călin Georgescu, strongly directed his campaign message to the Romanian people, via TikTok. Georgescu campaigned on an anti-EU, anti-NATO and anti-war with Russia platform; simultaneously supporting domestic farmers, domestic energy production and advocating for a Romania that is free from foreign influence.

Suddenly, the Romanian officials who lost the election are asking the EU to investigate TikTok for allowing the organic message of Georgescu to flourish and generate support.

(Via Politico) […] TikTok is under mounting pressure to explain how it handled political content in Romania after a first round presidential vote on Sunday propelled the ultranationalist, pro-Russian firebrand Călin Georgescu to a shock victory, in part thanks to his sudden surge on TikTok. A top EU lawmaker demanded on Tuesday that TikTok’s chief executive appear before the European Parliament to answer questions, and Romanian NGOs have urged the Commission to look into whether TikTok and other platforms complied with Europe’s social media laws.

The European Commission oversees TikTok’s compliance with the bloc’s new DSA rulebook, which sets the rules for how large online platforms moderate content, including in political campaigns.

The issues were already “brought to the attention of the European Commission … in recent months” and again on Tuesday, the Romanian regulator said.

[…] Romanian Prime Minister Marcel Ciolacu weighed in on Tuesday, saying funding for Georgescu’s campaign on TikTok needed to be reviewed: “It’s a system, I don’t know how legal it is, I understood how the system was used. The source of financing, in my opinion, is to be followed, ‘follow the money.’”

In a statement, TikTok’s spokesperson in Brussels, Paolo Ganino, said the “highly speculative reports about the Romanian elections are inaccurate and misleading, as most candidates have established a TikTok presence and the winners campaigned on other digital platforms beyond ours.”  (read more)

As we said earlier, this outcome caught Samantha Power and the CIA off-guard.

The globalist alliance is striking back by asking the EU for help in stopping the rise of nationalism.

It’s not just Călin Georgescu they are after, it’s control over the people of Romania.  Georgescu is simply in the way.

In a semi related story, Greg Price shares this:

“Kamala advisor Stephanie Cutter: “I can’t tell you how many friends of mine or nieces and nephews would say to me ‘you know I’m getting these things from Trump all the time on TikTok.’”

I was one of the two guys who ran the @TeamTrump TikTok account. Keep in mind that Kamala had a whole team running their TikTok, while we had the simplest of simple TikTok operations going at Trump HQ. It was literally just two of us.

When we took over in August, Team Trump was at around 300K followers while Kamala HQ had 3M. By the end of the campaign, we lapped them in followers (it’s at 8.1M today). Forbes recently wrote a story about the two campaigns on TikTok where they noted “while Harris was reaching a consistent audience more often, Trump was reaching a larger audience overall.”

TikTok was a powerful tool in this election. I firmly believe it played a major role in the Gen Z shift toward President Trump. Team Kamala was so proud of the TikTok cringe they posted on a daily basis. But, at the end of the day, all the brat memes in the world can’t manufacture authenticity where there is none.

We were lucky enough to be able to promote a winning message for a President made for this moment. And I’m certainly very happy that the family members of Kamala’s team enjoyed our content!

Ezra Levant Discusses the Downfall of Canada


Posted originally on Rumble By The Charlie Kirk Show on Nov 25, 2025 at 3:00 pm EST

Canadian Journalist Ezra Levant Arrested For Covering Pro-Hamas Protest: He Describes What Happened


Posted originally on Rumble By The Charlie Kirk Show on Nov 25, 2025 at 3:00 pm EST

Denmark to Drastically Reduce Farmland


Posted originally on Nov 26, 2024 by Martin Armstrong 

Dairy Cow

Denmark is willing to destroy its agriculture sector in the name of climate change. Adhering tightly to Agenda 2030 and the Paris Accord, the nation plans to reduce 70% of all emissions by 2030 before becoming climate neutral in 2050. The latest initiative intends to revert 10% to 15% of the country’s farmlands back to nature.

The government already ensured that meat production would decrease by taxing cattle, with a 672 krone ($145) tax per cow. The government has paid for scientists to back these claims and falsified studies that state that gardening or owning livestock of any kind threatens the existence of planet Earth. Like COVID, we are blindly forced to trust “the science” when it is clear propaganda.  The dairy cow population is down about 546,800, declining 1.74% from 2022 to 2023, and the nation hosts 2.5% of all dairy cows in the European Union. About 3.6% of all milk consumed in the EU comes from Denmark. Foreign Minister Lars Lokke Rasmussen said this tax will increase every year, and the tax will rise to 1680 krone by 2035.

Agriculture composes 22% of Denmark’s total exports, producing enough food to feed 15 million people annually. Farmer-owned cooperates account for 90% of dairy and cattle production. However, there is a lack of transparency regarding land laws in Denmark, and the government will use those loosened regulations to expedite Agenda 2030.

The government plans to bribe people out of their land, to begin with, but then it will become more authoritarian. If it can’t tax the people out of their land, it may simply seize the land. Section 73 of the Danish Constitution and the Danish Expropriation Act say land may be expropriated for an array of reasons, including conservation projects.

My Friend Rico Brouwer Interviewed Russian Ambassador in Netherlands


Posted originally on Nov 25, 2024 by Martin Armstrong 

Bitcoin the International Commodity


Posted originally on Nov 25, 2024 by Martin Armstrong 

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COMMENT: Mr. Armstrong, I am a newcomer. I watched your WEC virtually. It was very eye-opening. I also want to thank you for Socrates and for covering Bitcoin. Your service is the only thing out there that isn’t biased, and you are not trying to sell me some crypto. Also, thank you for explaining that nothing can be fixed and that the sales pitch behind Bitcoin was just false. You have explained it is an asset class and approach it like anything else. It’s just a trade. I look at it in different currencies, as you said. It has opened my mind to a dynamic world, as you put it at the WEC.

Once again, thank you.

Paul

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REPLY: With the political chaos surrounding us and the push for war, these are the times that cause capital to move. Look at our map that tracks the capital flows every day. Both the Chinese and Russians are pulling back the capital from the West. The capital is fleeing the Baltics right now, but Brazil is also experiencing political chaos there.nWhen you look at Bitcoin in various currencies, you can see that it is being used as a vehicle to get capital out of Europe right now.

Cleveland

Graver Cleveland was the previous president who, like Trump, was elected to non-consecutive terms. Like Donald Trump, he also stood against his own party. He expressed this best during the Panic of 1893. Capital can flee and move offshore. It is the middle class that cannot hoard their labor nor move it offshore.

Bitcoin is a trading vehicle, and it may not be suited for a reserve currency since the money supply MUST increase with population and the expansion of the economy, or else you create deflation. Nevertheless, it has become an international means of moving money, and this is happening right now, so it is important to look at anything from a global perspective. Bitcoin has become like gold where it is the same product that is traded internationally.