Tag Archives: Prime Minister Justin Trudeau Removing Attorney Client Privilege

Jul 26 2023

The CDBD Crisis of 2025


Armstrong Economics Blog/Cryptocurrency Re-Posted Jul 26, 2023 by Martin Armstrong

QUESTION:

1. Due to the draconian rules the US digital currency shall operate under, would you consider the coming US digital currency to be the worst form of currency—worst store of value—worst asset to hold, and if so would it be better to get entirely out of cash before the US Dollar is canceled and the digital currency introduced?
2. When the US Dollar is canceled, will the entire value of all bank and brokerage accounts be automatically converted by banks and brokerage firms to the new digital currency?
3. Do you think there will be draconian rules, such as digital ID’s, instituted to be able to access the internet in 2025 to be able to access and cash out of bank and brokerage accounts?
4. What use will it be to invest in anything post 2024 if money in brokerage and bank accounts automatically becomes digital currency subject to draconian rules with draconian rules to access or take possession of the funds in one’s bank or brokerage account?
5. In the interview you did on May 20th you mentioned “they” are talking about bank bail-in’s. Aside from bank accounts, could bail-in’s be done from people’s brokerage accounts?
6. If one does not “opt in” to the new digital currency and if every legal financial transaction from the point the US introduces the digital currency must be made via the new digital currency, how will one be able to pay their taxes and property tax and will such a person lose their house and their assets be confiscated for not paying their taxes and property tax if they choose not to take part in the digital currency, digital ID and digital health pass?
7. Do you think inheritance will come under rules so draconian that sane children would prefer to forgo their inheritance rather than opt into anything that could harm their health and limit their freedom? Or do you think “they” will just abolish inheritance altogether?
Would you recommend putting all assets and accounts in one’s children’s names now, to avoid this possible scenario as far as it can be avoided?
8. During World War 3, if the US gets nuked or if at any time in the future there is an EMP attack or a severe cyber-attack and the grid goes down for an extended period of time, what shall become of bank and brokerage accounts?
Thank You Sir

D.I.

ANSWER: Undoubtedly, this entire scheme of digital currencies will be the death of Western Civilization. The Founding Fathers prohibited Direct Taxation which was repealed during the Marxist movement toward creating the Income Tax. Once the income tax was imposed, the government then needed to know everything you did. That is why the Founding Fathers prohibited any form of direct taxation. Now even a journalist, if he fails to comply with the demands of the government, is targeted by the IRS. This allows them to go after anyone unless you are the son of a senile president who does as he is told. So yes, this will be the WORST currency in human history and it will be the final nail in the coffin of freedom.

They will most likely cancel all currencies AFTER the US 2024 election. It will need to be coordinated to prevent capital flight. Whatever is in bank accounts or brokerage accounts will be re-denominated in the new digital currency. The IMF is pushing hard to replace the dollar with its version. The likelihood of the collapse of the IMF and world institutions will probably arrive in 2031.

Big Tech will comply. They are already stripping us of our freedom of speech. This will become IMPERATIVE to oppress all freedom in hopes that they can establish this new totalitarian state which is the dream of Klaus Schwab and his band of merry thieves at the World Economic Forum. So the Internet will be highly monitored and restricted.

The point of investments post-2024 will be to hold on to tangible assets. They will make the transition from one currency to the next.

Glenn

As far as bail-in’s being applied to people’s brokerage accounts the answer is yes. That was already done by Judge Martin Glenn who presided over M.F. Global bankruptcy and created the first BAIL-IN without Congressional Authority. He was the first one to engage in FORCED LOANS by abandoning the rule of law to help the bankers and protect Corzine from losses by taking client accounts to cover M.F. Global’s losses. That is no different from what we saw in Cyprus. He simply allowed the confiscation of client funds when in fact, the rule of law should have been that the bankers were responsible and M.F. Global’s losses, and it should have been reversed. Never should the client’s funds be taken for M.F. Global’s losses to the NY Bankers.

You will have NO “opt out” avenue. Taxes and commerce will all be digital. This is why they are pushing 5G in order to create instant transfers to enable them to replace cash transactions.

Regarding inheritance, the LEFT is also ready to push behind the curtain that upon death, everything should belong to the state. I fear this will only unleash civil war. Nevertheless, there is the crazy leftist in Australia proposing just that. It is unfair for one person to have wealth and another nothing. Concerning putting all assets and accounts in one’s children’s names now, avoiding this possible scenario as far as it can be avoided carries tremendous risk. It all depends on your country. When I bought a house 30 years ago, I simply added my children’s names. Today, you can’t do that, for it becomes taxable to them.

While we cannot rule out tactical nuclear weapons, the risk of an EMP attack will be devastating. That will wipe out the economy and take down the internet. The prospect of whatever you have in an account could simply vanish. That is one primary reason I am against the whole crypto-CBDC agenda, for in times of war, an EMP could devastate an adversary. I think this simply warns you should have some old silver coins pre-1965.

Jul 25 2023

Ukraine Complete Disaster – Neocons Lose Again?


Armstrong Economics Blog/Ukraine Re-Posted Jul 25, 2023 by Martin Armstron

Ukraine is a complete disaster. I have been warning that our sources from UKRAINE, not Russia, have been warning that the country is on the brink of collapse. The American Neocons are being confronted with the fact that there NEVER was any chance that Ukraine would defeat Russia and putting this high-heel questionable gender dancer in high heels in charge of war was in itself a war crime. There is absolutely no war Ukraine can win anything. This is why Zelensky has been so desperate o drag in NATO because he knows they cannot retake the Donbas no less defeat Russia. The American Neocons were hoping to weaken Russia so they could contrive some scheme to justify going in for the kill.

There are rumblings behind the curtain now that a peace deal has to be struck of Ukraine will collapse if their own troops do not rise up and assassinate Zelensky for his profiteering and slaughter of his own people. After all, numerous Roman generals found themselves in a position where they did not want to fight so they assassinated their leader. In the case of Maximinus I (235-238AD), his own men, humiliated by their defeat, now entered the tent of Maximinus and murdered him. To demonstrate their new loyalty to Rome, they cut off his head and sent it to Rome. This was no isolated incident. It became rather common for the troops when ordered to fight a wrong war, turned to assassinate their own general.

The fact that the Wall Street Journal on July 23rd wrote:

“Western military officials knew Kyiv didn’t have all the training or weapons—from shells to warplanes—that it needed to dislodge Russian forces. But they hoped Ukrainian courage and resourcefulness would carry the day.”

The fact that this even appeared in the press shows that there is discontent behind the curtail. All we have heard to date are lies about how Russia is weak and losing. That is precisely the opposite of the truth and that is info from Ukraine – NOT Russia. Zelensky has kept up a false image of victory only to keep the money flowing into Ukraine. The population of Ukraine had stood at about 36 million before the war. At least 500,000 are now dead and the real number of Ukrainians who have fled their home may now exceed 10 million. Zelensky has destroyed his country all for the Donbas which was never Ukrainian territory nor occupied by Ukrainians. This has been a proxy war against Russia and Zelensky has BETRAYED HIS OWN PEOPLE for a handful of silver.

Selensky’s dream of selling Ukraine to Blackrock is really disgusting. He has had no problem letter his country brun because the more that burns, the greater the rebuilding project. He has been bragging that this will be the biggest investment opportunity for Europe with no mention of how many Ukrainians must die for he dream. Many have compared him to Nero letting Rome burn so he could build his grand golden palace.

Poland is likely to take Western Ukraine in the outcome here. That was their territory 1918-1945 and the Ukrainians slaughtered more than 100,000 Polish simply for ethnic cleansing. What is not given a lot of attention is that within Ukraine, there are ethnic Polish and Hungarians who have also been abused by the Ukrainians. The Ukrainians did far worse than just killing Polish for which they have refused to ever apologize.

The Polish Association of Memory of Victims of Crimes of Ukrainian Nationalists documented 135 methods of torture and murder practiced by Ukrainian Nazis. Poland officially called the Ukrainian actions genocide. The Ukrainians have been protected by the CIA for decades ONLY because they hated Russians. They continue to protect the Ukrainian Nazis only because they are waging war against Russia.

The Ukrainians were unprecedented in their war crimes during WWII and the sheer outright cruelty one would expect only exists in some B-Rated horror movies. This included:

  • Running children through with stakes
  • Cutting a person’s throat and pulling their tongue out through the hole
  • Sawing a person’s torso in half with a carpenter’s saw
  • Cutting open the belly of a woman in an advanced stage of pregnancy, removing the fetus, and replacing it with a live cat, before sewing up her abdomen.
  • Cutting open a pregnant women’s abdomen and pouring in broken glass
  • Nailing a small child to a door.

In retribution, Ukraine is likely to lose the Western provinces to Poland. As I have said before, Ukraine had finally achieved sovereignty. They have thrown that all away for their hatred of Russians when in fact the

What the Ukrainians overlook is that Stalin’s seizure of the food from Ukraine and their starvation have two MAJOR factors they do not want to acknowledge.

(1) Stalin was not Russian, he was from Georgia.

(2) Stalin’s right-hand man proposed starving Ukraine and he was Ukrainian – NOT Russian.

Lazar Kaganovich (1893-1991) was in charge of taking the food from Ukraine. Some say he was Jewish and sought retribution against the anti-Jewish attitude in Ukraine. His real name was KAGANOVICH, LAZAR MOISEYEVICH. He joined the Communist Party in 1911 and became a member of the Kiev committee of the party in 1914. The following year, he was arrested and restricted to residence in Kabana. He fled Ukraine and lived in various parts of Russia under the false name of Kaganovich. There he played an active role in the October Revolution in the Red Army. He rose to be the right hand of Stalin and then convinced Stalin to take the food from Ukraine most likely as retribution for his arrest.

Ukraine is a very troubled country. Its people suffer under propaganda and Bandera’s philosophy was pure hatred and ethnic cleansing. In speaking with some very naive Ukrainians, they were told they had to fight for Russia and would not stop with the Donbas. Now they will lose a lot and the West is more likely to be taken by Poland. The only peace deal will be to surrender the Donbas to Russia. Odessa at best would be a neutral demilitarized city to allow access to a port for exports. Zelensky is desperately still seeking to get NATO to intervene and now escort their grain exports. He will never be satisfied until he creates world war III. The entire population of Ukraine stands at best 0.4% – not even half of one percent of the world population.

Jul 24 2023

The CBDCs Are Coming


Armstrong Economics Blog/Cryptocurrency

Posted Jul 23, 2023 by Martin Armstrong

COMMENT #1: Hi Marty
I forgot to mention the ATMS nearby where I live right now.. I use a Credit Union and their withdrawal limit at the ATM at the branch no less has always been $400 these past couple of years. So I would go to the Wells Fargo ATM nearby down the road where I could withdraw $1000 in cash. The machine would ask you if you wanted a mix of 50s and 20s or all 20s.
Well, this past week I went to the WF ATM where I have not gone for quite some time, many months. To my surprise, the withdrawal limit has been reduced from $1000 to $600.
So there you go they are slowly turning the screws to try to cage us all in.
Best
Alice

REPLY: I opened an account at one of the top 5 just for convenience since it was down the street from me. Since COVID, I noticed they closed that branch and many others.  If you move to CBDCs, then banks no longer need branches for you can deposit a check on your phone, and they want to eliminate safe deposit boxes because they think people hide cash there.

Jul 23 2023

British Banks Close Accounts for Political Views – Wait for CBDC Currency to Appear


Armstrong Economics Blog/Cryptocurrency Re-Posted Jul 23, 2023 by Martin Armstrong

We have a very serious problem. Banks, Media, and Tech Companies seem to be all pushing for the end of all our civil and human rights. The truth has come out now that the Coutts Bank closed down Nigel Farage’s accounts, and it had NOTHING to do with his finances that they told everyone. That seems to be a serious case of slander and libel. If they would do this to Nigel, how many others are finding their accounts closed?

Here in the good old USA, a gold dealer just informed me that his credit line has been terminated – not because he did not pay. The excuse was that they preferred it to go to zero, not back and forth. It seems as though rumbling of this nature in the USA is increasing. Others who have cash businesses like a bar are finding that they are being discriminated against because they take in cash. Even priests are having their accounts shut down for political reasons.

It appears that the bankers are gearing up for the new CBDC system where all cash is eliminated. The government seems likely to let the banks impose a social credit score and claim it is not the government doing that, so it is not unconstitutional. I suppose they intend to prevent people from paying for medicine or buying food if banks shut down their accounts for whatever pretend reason. I guess that will be the new slow-death penalty for disagreeing with the new narrative that COVID was just the trial run for these days.

Jul 23 2023

IRS SWAT Team – Hunt for Taxes


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Jul 23, 2023 by Martin Armstrong

The story about what looked like a SWAT team was a swarm of armed IRS Agents that stormed into a business in Florida has gone viral. Many point to this as see what happens when you give IRS agents lethal power. I think this needs clarification, and everyone knows I am opposed to arming IRS agents. Nevertheless, there is a HUGE distinction between income taxes and payroll taxes.  One you owe personally, but the other is theft if you collected it from employees and did not send it to the IRS, which makes you a TRUSTEE.

Back in the 1970s, I had two armed IRS agents come in with guns and handcuffs. They said I owed payroll taxes. I said wait a minute; my accountant handles all of that. I called him on the phone, and he then said put me on with them. He said he writes the checks on payroll himself and sends them in. It just so happened I was getting refund checks often. One had just come in, and it was on my desk. I said if I owe you, people, money, why do I keep getting refund checks? They looked at the check, and it had some code they recognized that denoted it was a refund for payroll taxes. It turned out to be a computer error on their part, and every time we would send in the payroll taxes, it kept trying to apply it to one month where I owed $2 and something refunded the rest. But they were to me personally, so I had no idea there was any distinction. They left, and I had to pay interest for cashing the checks that I someone should have known was their mistake.

A few years ago, again, I got a refund check and just deposited it. Once more, I was charged interest and penalties this time because I should have known it was an IRS mistake. The third mistake was that they put a lien on my house, and I never even got a bill. Once again, they failed to credit a payment I had sent in the previous year, but it took months to get the lien lifted.

My three encounters with the IRS have always been mistakes on their part. Only the first involving payroll taxes was I confronted by armed IRS agents, and that was simply because payroll taxes puts you in a position as a trustee where you collected the money for the government. I hope that armed IRS agents are confined to this category. I no longer cash refund checks. I have to pay penalties and interest because knowing when the IRS makes a mistake is my burden.

To clarify this armed assault on a business, it was Elite Payroll Solutions. This was not a company that was behind in paying its taxes. This is why the assault was more of a SWAT team; in this case, they were supposed to collect payroll taxes for small businesses and send them to the IRS. That places this in the TRUSTEE category, which is different from simply not paying your income tax.

A word to the Wise – Use only the Big Payroll Companies, not a small one that beats the price.

Jul 22 2023

RAP Getting the Message? – Brainwashed


Armstrong Ecomics Blog/Conspiracy Re-Posted Jul 22, 2023 by Martin Armstrong

Jul 22 2023

How to Recognize Propaganda (circa 1957)


Armstrong Economics Blog/Tyranny Re-Posted Jul 22, 2023 by Martin Armstrong


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Jul 21 2023

Ukrainian General said Zelensky is Responsible for 100,000’s Dead Ukrainians


Armstrong Economics Blog/Ukraine Re-Posted Jul 20, 2023 by Martin Armstrong

COMMENT: Mr. Armstrong, My cousin is in government here ___________________, and he said you have the best sources that even surpass some intelligence agencies. Only you have been reporting that your Ukrainian sources told you that Zelensky is corrupt and has destroyed his country for a handful of silver. It is coming out that the Ukrainian Army General Serhiy Krivonos has openly said that Zelensky has indeed destroyed his country. He actually said, “This colossal mistake resulted in hundreds of thousands of dead Ukrainians and the destruction of a huge number of cities.”

My cousin said people from all countries go to you because they have a similar mindset. Would you agree? Why are your sources better than anyone else?

GDK

ANSWER: Zelensky is an actor – nothing more. He is destroying his country because he cares nothing about its people and plans his exit to a mansion in Miami. He always dresses in army clothing as a psychological ploy to constantly pretend he is fighting for freedom. This is such a lie, for Ukraine would never have been in such a position if Kiev did not start the civil war attacking the Donbas. This is the dissent against Putin that he did not invade Ukraine as the US did to Iraq. They are ethnic Russians who have been there for centuries in the Donbas. The US has done similar actions involving Americans in foreign nations. Zelensky wants them to surrender their language and their religion. This is absurd. He is willing to destroy his country and hopes that he will be able to sell the farmland and resources to Blackrock and live in Miami as a billionaire – tax-free, of course.

Zelensky is listed in the Panama Papers, and the fact-checkers try to divert people away from this fact. When Zelensky’s European tour took place begging for money, online claims went viral that he had purchased luxury villas in Crimea, Italy, and England with Western military aid money. This appears to be fake news. However, this may, in fact, be to cover the fact that he does have a property in Miami, most likely stashed under a fake name since this is where you find all the super-rich Ukrainians and Russians in Miami.

There are people in Ukraine, as there are in every country, who are the opposition to the current government. The Western press will never tell you about them because they are trying to create a false impression that the country is 100% behind him. Over 8 million have fled and are living mostly in Germany and Poland. They have lost everything, and many are now asking – For War? To occupy the Donbas with Russians?

People have been coming to us for decades. I have had central banks sharing info because they want it out but know that we have the largest institutional client base. Thus, they want the info to the people that matter. In addition, most journalists can spell and write nicely, but they do not know the subject matter of their writing. I remember an institutional session I did in Toronto, and the Bank of Canada took a table with 10 people. All the institutions knew who they were. They would ask me what the central bank was looking at. I would tell them, and everyone would look at that table for some reaction. When it was over, I told the head guy I hoped I did not say anything offensive. He responded it was fantastic. He wished he could tell these people outright but could not.

Even when I was invited by the People’s Bank of China during the Asian Currency Crisis of 1997, I had been warning that the capital flows shifted and turned back to Europe for the coming Euro in 1998. They said I was doing a fantastic job and to keep up the work. When I asked why they would not come out and say what I said, they replied that they could not criticize another central bank.

My sources are the best BECAUSE, in most cases, they cannot speak freely even to mainstream media, especially today. After what they did to me, it has had the OPPOSITE effect. Today, I have even more sources coming to me because they say

NOW I KNOW YOU ARE NOT PART OF NEW YORK. 

Interesting times. So yes, every intelligence agency reads this blog. I have the real-world experience of an international hedge fund manager, the only AI model that monitors the entire world.

When Nigel Farage came to our Rome WEC, he stood up and said, of course, he would appear because my WEC is the “alternative to Davos.”. I regard Nigel as a friend. Now the uproar over his treatment by the private bank Coutts, owned by NatWest Group, whose biggest shareholder just so happens to be the UK government since the 2008 financial crisis, has finally compelled them to apologize to Nigel. This is the world we live in. It has become so corrupt that you have to not just count your fingers when shaking hands with some; you better make sure you still have your arm.

Jul 20 2023

John Kerry Struggles to Hide His Anger as Rep Humiliates Him for Lying | DM CLIPS | Rubin Report


Posted originally on The Rubin Report on Rumble on July 19, 2023