DeSantis Confirms His Position on Ukraine


Armstrong Economics Blog/Politics Re-Posted Mar 15, 2023 by Martin Armstrong

Two potential GOP candidates for the 2024 US election want to pull America out of the proxy war overseas. This sentiment is not within party lines as Neocons have infiltrated both major political parties as they profit off of war. Trump was extremely vocal about his distaste for the war and has been anti-war in general since he came on the scene. DeSantis finally confirmed his position by saying the “territorial dispute between Ukraine and Russia” is not a “vital national interest” for the US.

DeSantis said that peace should be the objective. “The Biden administration’s virtual ‘blank check’ funding of this conflict for ‘as long as it takes,’ without any defined objectives or accountability, distracts from our country’s most pressing challenges,” the 44-year-old politician argued. DeSantis plainly said that objective for peace is in the best interest for the US, as additional funding “would risk explicitly drawing the United States into the conflict and drawing us closer to a hot war between the world’s two largest nuclear powers. That risk is unacceptable.”

Trump boasted of his past diplomatic relations with Putin. He was in fact one of the only recent US presidents to establish diplomatic relations with “unfriendly countries.” “Before I even arrive at the Oval Office, I will have the disastrous war between Russia and Ukraine settled. … I will get the problem solved. And I will get it solved in rapid order and it will take me no longer than one day,” Trump said. “I know exactly what to say to each of them.” Trump has also stated that the problem is primarily a European one, hence his repeated efforts to cut America’s NATO spending.

Both men stated that sending billions of dollars to a foreign nation is unacceptable when we are unable to care for our own people. Why should we sacrifice domestic policy for a foreign one that does not benefit the taxpaying people? This issue may separate Trump and DeSantis from other GOP hopefuls. It is another reason to question if the powers that be will even permit us to have an election next year since the GLOBAL plan is to reset the world.

There no such thing as Random Walks in Markets or Economics


Armstrong Economics Blog/Economics RE-Posted Mar 15, 2023 by Martin Armstrong

COMMENT: Marty, I really cannot thank you enough. Socrates called yesterday as the turning point and it was the strongest one of the week. We got the bounce when everyone was in a panic state claiming that the Fed would not have to lower rates. They really do not understand central banks as you alone have explained many timers. There was no way the Fed would lower rates and undermine its credibility by suspending its inflation fight now, That would blow all credibility and lead to panic for sure. The Fed will not change because of SVB for that would undermine financial stability completely.

I am not sure just how much Socrates helps traders and society.

Paul

REPLY: I do realize that Socrates could run the economy far better than any human. It is my hope that it proves itself over the course of now and 2032 and that people will look back upon these forecasts and at last comprehend that there is truly a hidden order in what people think are just random walks.

Here is the Array published on March 1st. It forecast the high for the 6th with a turning point, a Panic Cycle for the 9th, and then the turning point on the 13th for a low. This was clearly published in advance of the SVB failure. This raises the question, how can a computer possibly predict such a Panic would take place on the 9th long before anyone heard about SVB? This is NOT my personal opinion. You do not see me running ads saying this is the guy who had forecast whatever. Socrates has taught me a lot about market behavior.

Just as Edward Lorenz ran what appeared to be random weather data into a computer and out came the most perplexing image of a hidden order that existed in what the human eye could see only randomness.  He became the father of Chaos Theory, which to this day, prevents us from seeing the future as part of a pattern that has been set in motion.

My real hope is that the world will come to recognize that there is a hidden order to everything that most are blinded by the appearance of randomness – chaos. We need to understand how everything worked if we are to reconstruct a new form of government after the great collapse of governments post-2032.

NOTHING is RANDOM – That Cannot Exist

Pi Day Contributions


Armstrong Economics Blog/ECM RE-Posted Mar 14, 2023 by Martin Armstrong

COMMENT: Pi Day history compliments —-
On March 14, 1883 KARL MARX MADE HIS MOST IMPORTANT CONTRIBUTION TO MANKIND . . .
HE DIED.
Happy Pi Day!

SR

REPLY: Also, Albert Einstein was born in Ulm, Germany, on March 14th, 1879.

The Ukraine People Must Overthrow Zelensky to Save Their Country


Armstrong Economics Blog/Ukraine Re-Posted Mar 14, 2023 by Martin Armstrong

This is the former adviser to Zelensky, Alexey Arestovich, who quit in protest. He has publicly stated that “The west deceived Russia. They promised not to push NATO to the east, and they did. They turned Ukraine into a huge anti-Russian country. If I was in Russia’s shoes, I would have done the exact same thing.”

The West’s Neocons have exploited Ukraine to wage war against Russia, for the sole reason they hated Russia, and even with the fall of the USSR, they have never changed their views. They tried to stop Reagan from meeting Gorbachev. I found myself back in 1999 to seize control of Russia by having the bankers, led by Edmond Safra, blackmail Yeltsin to step down and hand Russia to the boy, Boris Berezovsky. They tried to get me to invest $10 billion into their Hermitage Capital Management. When I refused, even Boris tried to call me to persuade me to contribute to their cause. When I refused, Edmond stole $1 billion I had on deposit at his bank and the NY press supported the Neocons, as always.

Ironically, they began their manipulation of Ukraine in 2014. It was the Neocons, not the CIA with this plot. John McCain was there meeting even with the Neo-Nazis in public and promising the crowd that America will stand with them if they overthrow their government – Regime Change has always been their agenda. It has NEVER worked out even once – Vietnam, Iraq, Syria, Cuba, and Ukraine just to mention a few.

Toxic Currencies – Good for the Yuan


Armstrong Economics Blog/China Re-Posted Mar 14, 2023 by Martin Armstrong

The Chinese yuan has out-traded the US dollar by volume for one of the first times in recent Russian history. The dollar was king in 1991 when the Soviet Union collapsed, but that is no longer the case after Moscow branded the dollar a “toxic currency” along with the euro. Toxic currencies accounted for 87% of exports from Russia at the beginning of 2022, but this figure fell to 48% by the start of the new year. The Bank of Russia has reported that the proportion of USD/ruble pair in exchange fell to only 36% in February. The central bank is calling this a “broad structural transformation of the Russian economy.”

As “unfriendly countries” and their “toxic currencies” band together, those on the outskirts are winning. China has become the new go-to country for new trade partnerships as it bypasses Western-imposed sanctions. Toxic currencies represented 46% of imports in December 2022 but were at 65% in January 2022 before the war. In contrast, the yuan’s share rose from 4% to 23% during that time.

Those who were previously shunned from the big table are now pulling up a chair to discuss economic prospects with China. This will make it much easier to phase out toxic currencies because more people are willing to accept the yuan. The confidence in the yuan is growing. Everything occurring may seem odd, but it is precisely on target. As I mentioned in my report “China on the Rise,” China will dethrone the United States to become the world’s leading economic powerhouse by 2032. It’s just time.

Kevin O’Leary Stuns CNN Panel Telling Them “Biden Just Nationalized U.S. Banking System”…


Posted originally on the CTH on March 13, 2023 | Sundance

The CNN panel was jaw-agape as Kevin O’Leary appeared earlier today to inform them the decision by Joe Biden to guarantee every deposit in U.S. regional banks is akin to “Joe Biden just nationalized the U.S. banking system.”

O’Leary is correct, and anyone who is holding assets like stocks or bonds in U.S. banks now needs to reconsider the disappeared line between government and the bank assets.  If the government can assume, control and backstop every single account balance within the bank, the government can assume and control all activity of the bank.  WATCH:

.

Downstream…. think about the consequences.  Remember the frozen bank accounts in Canada as a result of defining truck protest supporting Canadian citizens as domestic extremists?

Now think about the government no longer needing to ask the bank to take action, the govt has a regulatory ability to demand the bank to take action.  This takes “debanking” to an entire new level.  People are wondering why cryptocurrencies went up in value today.  There’s your answer.

Comrade citizens, at the end of this rainbow of bank nudges, we will find ourselves at the footsteps of a government controlled central bank digital currency.

Meanwhile in Geopolitical News, Moldova Protests Against NATO Escalating War -vs- Russia, Leads Western Media to Blame Putin


Posted originally on the CTH on March 13, 2023 | Sundance

Thousands of protesters took to the streets in Moldova yesterday, wanting to express their opinion that NATO escalating hostilities against Russia is only going to mean further regional crisis, conflict and likely bloodshed.

There is a significant amount of support for Russia within the country of Moldova, but that presents a problem for the western alliance, specifically NATO, as the peace demand runs against their interests.  As a result, Russia is blamed for inspiring the street protests against NATO escalation.

When the U.S. activates NGOs in European countries (Moldova, Hungary, Georgia) the media call it “spreading democracy.” However, when the people who live in the country organically rise up in the opposite direction against the government outcomes from the NGO pressure, the media call it “Russian interference.”  NBC pushes the NATO message:

(Via NBC) – Police in Moldova said they foiled a plot by groups of Russia-backed actors who were trained to cause mass unrest during a Sunday protest against the country’s new pro-Western government.

The head of Moldova’s police, Viorel Cernauteanu, said in a news conference that an undercover agent had infiltrated groups of “diversionists,” some Russian citizens, who allegedly were promised $10,000 to organize “mass disorder” during the protest in the capital, Chisinau. Seven people were detained, he said.

Separately, police said they arrested 54 protesters, including 21 minors, who exhibited “questionable behavior” or were found to be carrying prohibited items, including at least one knife.

The protest Sunday is one of several held in recent weeks organized by a group calling itself Movement for the People, which is backed by Moldova’s Russia-friendly Shor Party, which holds six seats in the country’s 101-seat legislature.

The demonstrators are demanding that the government fully cover the costs of winter energy bills and to “not involve the country in war.” They have repeatedly called on President Maia Sandu to step down.

[…] Moldova’s border police also said Sunday that 182 foreign nationals in the last week have been denied entry into Moldova, including a “possible representative” of Russia’s Wagner Group, the private military company that is fighting in Ukraine, Moldova’s war-torn neighbor.

The police announcement Sunday comes just days after U.S. intelligence officials said they have determined that actors with ties to Russian intelligence are planning to use protests in Moldova, a European Union candidate since last June, as a basis to foment an insurrection against the country’s government. (read more)

Charles Payne Hits the Nail on the Head – The Biden Action is a Bailout for Silicon Valley


Posted originally on the CTH on March 13, 2023 | Sundance

March 13, 2023 | Sundance | 279 Comments

The installed occupant of the White House said something today that is just brutally false on its face.

From the words typed into the teleprompter of Joe Biden you hear, “No losses will be borne by the taxpayers. Instead, the money will come from the fees that banks pay into the Deposit Insurance Fund.” Who the hell does Biden think are paying those “fees”? Those fees paid into banks, and then out of banks, from all around the nation are paid by the people using the bank, that’s taxpayers.

The United States government does not create a single dollar of revenue. They transfer revenue from people to processes and systems of government. Charles Payne has a good perspective on this entire dynamic. {Direct Rumble Link} WATCH:

Charles Payne: This was a bailout of Silicon Valley elites.

The West Threatens China for Conspiring with Moscow


Armstrong Economics Blog/War Re-Posted Mar 13, 2023 by Martin Armstrong

China has maintained neutrality throughout the 13-month conflict between Russia and Ukraine/the West. Yet, Western powers continue to threaten China and allege they are conspiring to send aid to Russia. The heightened attacks on China make one question if Western powers are deliberately instigating a fight. CIA Director William Burns said he is “confident” China is CONSPIRING to send military aid to Russia, although there is no evidence of “actual shipments of lethal equipment.”

White House National Security Advisor and Neocon Jake Sullivan has had harsh words for China in recent appearances. Sullivan boldly stated that aiding Russia would be “a bad mistake” for China, and that the US plans to send China “a strong message.” Again, China has done nothing wrong. There is no evidence of China supplying aid to Russia, and even if they did, that is not a crime, as Ukraine is not a NATO member.

(Imagine above: William Burns, right, at the Kremlin in 2005 with Russian President Vladimir Putin, center, whom he describes as 'an apostle of payback' © Reuters)

Chinese Foreign Ministry spokesperson Mao Ning told the US that China would not heed to coercion. “On the Ukraine issue, China has been actively promoting peace talks and promoting the political settlement of the crisis. The US is in no position to point fingers at China-Russia relations. We do not accept coercion or pressure from the US,” Mao said. China will not support the West’s proxy war with Russia, but it seems that they are insisting China proves its innocence by ostracizing Russia.

Chinese Foreign Minister Qin Gang expressed outrage over sanctions placed on China for merely conspiring (i.e., no crime was committed) with Moscow. “[China] has not provided weapons to either side of the conflict. Why on earth are there blame and sanctions on China? This is absolutely unacceptable,” Qin said. “There seems to be an invisible hand pushing for the protraction and escalation of the conflict. Ukraine crisis is a tragedy that could have been avoided.”

This conflict could have been completely avoided had the Minsk Agreements been based on good faith. The war is a deliberate plot to usher in a new world order to eliminate energy-rich Russia from the global economy. The Kiel Institute for the World Economy in Germany estimated that $152.7 billion was provided to Ukraine as of January 15. The US has sent more aid than any other country but accuses its top trading partner of flaming the fires of international war. This is why there are no true diplomatic discussions with the current failing crop of politicians. The current agenda is to demonize Beijing as they did with Moscow to force it out of neutrality.