The Coming Wealth Tax – Pocahontas’ Dream Come True


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Jan 19, 2023 by Martin Armstrong

Elizabeth Warren’s Wealth Tax is now moving forward in the leftmost Democratic States – California, Connecticut, Hawaii, Illinois, Maryland, New York, and Washington state. Naturally, Pennsylvania, Delaware, and New Jersey are paying very close attention as they lick their lips at the thought of untold billions in new revenue to cover faltering government employee pension plans caused by artificially low interest rates. Even federally, the US has bumped its head on the debt ceiling. Without question, the ceiling will have to be raised again but with a lot of pomp and circumstance and perhaps a few fistfights on the floor. Yet the primary dealers cannot handle all the debt pouring out and there is a declining appetite for anything long-term as the Bide Administration wages direct proxy war against Russia until the last Ukrainian falls on the battlefield and NATO troops then revenge their deaths.

Socialism is collapsing and governments will fight to their last breath until the politicians are dragged out and hung on the streets as is typical in such cases of economic malfeasance. What is emerging at the state level is simply versions of Warren’s Wealth Tax which will be applied to WORLDWIDE assets. The hated rich policies, who have provided all the jobs over the centuries by creating industries, are to be stripped mined.

SELL YOUR HOUSE WHILE YOU STILL CAN AND MIGRATE NOW!

Once these Wealth Taxes enter the game in 2024, that will be the peak of the ECM and only a braindead person would want to buy your house in those states! The Year 2024 will be the Decline and Fall and you better pay heed to what is unfolding on this level. The Wealth Tax will be a permanent property tax you will pay even when you are losing money. It will NOT recognize a decline in the value of assets until they are sold.

New Zealand Schwab’s Prize Student Resigns


Armstrong EconomicsBlog/Australia & Oceania Re-Posted Jan 19, 2023 by Martin Armstrong

Last month, Jacinda Ardern confidently said bring it on. Schwab’s prize student progressive was confident about reelection. Even last January’s poll rating saw her drop to a new historic low of 35%. It appeared in December she was living in denial. But her polls were dragging down the party and there was no way she would win in an election. Her COVID-19 draconian politics most assumed were at the direction of Klaus Schwab who thought lockdowns were fantastic with this video, the population has a different perspective. Her sudden realization that being Schwab’s prize student for a young leader was not a guarantee to stardom.

When we look at the computer timing arrays for the New Zealand dollar, we see January as the major target in 2023 followed by August. January was also a Directional Change. But look at the Weekly. Jacinda Ardern has announced she is resigning and stepping down as of February 7th. This was also a Directional Change for this very week. The weekly turning point is her last week. Notice there is a Panic Cycle the week of February 27th.

The interesting aspect when we turn to the Share Market, once again we see January as the major turning point for the year with a Directional Change. However, May is a Panic Cycle that aligns with what we see in Russia and Ukraine.  The West is pushing Russia into a corner. This is not some border skirmish, this is an attempt to actually invade Russia and destroy it once and for all. They say a third time is always a charm – Napoleon, Hitler, and now NATO. This makes for very interesting markets post-2024. Here May is showing up around the world.

Tremor in Dark Force – While Davos Ongoing, New Zealand Prime Minister Jacinda Ardern Announces She’s Quitting – Before Getting Crushed in Election


Posted originally on the CTH on January 18, 2023 | Sundance 

New Zealand Prime Minister Jacina Ardern was only exceeded in the leftist hierarchy by former German Chancellor Angela Merkel.   Ardern is to the Australian continent what Barack Obama was to North America and Angela Merkel was to Europe.  Stunningly, Jacinda Ardern has announced she will not seek reelection and is resigning from her position.  Ironically on the timing, her political career was an outcome of Davos recruitment.

Ardern’s extreme COVID-19 dictates and fiats to include isolation, quarantine camps, severe regimented social lockdowns, forced and mandatory vaccinations and subsequent passports etc, made her the visible face of government COVID-19 extremes.  Keeping with her apt description as a smiley-faced fascist, she did not care about the backlash from her totalitarian dictates and fiats.  The government owned the media, and the concerns of Kiwi’s about the government extremes were dispatched without regard.

Struggling to come to grips with the looming defeat she would likely face; an emotional Jacinda Ardern made her resignation announcement to the media.  She exits on February 7th. WATCH:

(Via Daily Mail) – Jacinda Ardern has choked back tears as she announced her resignation as New Zealand Prime Minister in an emotional press conference.

Her resignation comes into effect on Sunday if the Labour Party can elect her replacement, or on February 7 if the process was drawn out. ‘I am human. Politicians are human. We give all we can for as long as we can – and then it’s time. And for me, it’s time,’ she said. ‘I know what this job takes. And I know that I no longer have enough in the tank to do it justice.’

Ms Ardern resigns at just 42 after becoming leader just over five years ago on October 26, 2017, and was New Zealand’s youngest-ever PM.

She insisted her party trailing in the polls the the rival National Party ahead of the upcoming election had nothing to do with her decision to step down.

‘I am not leaving because I believe we can’t win the election but because I believe we can and will,’ she said.

‘But we need a fresh set of shoulders for the challenges of both this year and the next three.’

During her resignation speech, Ms Ardern announced the next New Zealand election would be held on October 14.

The resigning PM was asked if she would take up a role with the UN after leaving office and didn’t give a straight answer.

Instead, she insisted she had ‘no plans’ other than relaxing with her baby Neve and marrying her fiancé Clark Gayford after their wedding was called off due to Covid restrictions.

‘I am looking forward to spending time with my family once again… so to Neve, mumma is looking forward to being there when you start school this year, and to Clarke, let’s finally get married,’ she said. (more)

The Davos Sex Trade


Armstrong Economics Blog/Conspiracy Re-Posted Jan 18, 2023 by Martin Armstrong

Besides the Swiss government sending in 5,000 troops to guard Schwab, the other professional trade that besieges Davos are the prostitutes. In fact, they strongly advise that women should NOT attend Davos UNESCORTED because they will be taken to be a member of the guild. The 2016 Democratic National Convention was a presidential nominating convention, held at the Wells Fargo Center in Philadelphia, Pennsylvania, from July 25 to 28, 2016. To my shock, besides the usual army of prostitutes that attend political conventions, a member of our staff who is gay at the time said all the gay boys were also making big bucks for the Democrats at these conventions also like the other side of the street.

When I was in NYC, one of the lawyers on a Terrorist case said that they all use the high-class prostitute who also has the skill set to be a paralegal. The court pays for these “paralegals” with tax payer’s money and they then engage in the game of legal espionage sleeping with the enemy for inside information.

As I have said before, if a woman wears a black-leather mini-shirt and stiletto heels, you better be well informed that is the typical uniform for a professional member of the guild. This is the real world even in DC. Perhaps you can check history, but in 1983 there was the Congressional Page Sex Scandal was a political scandal involving members of the United States House of Representatives having homosexual relations with their pages.

Subsidy Wars – EU Promises to Match Joe Biden Green New Deal Subsidies with Even Bigger Govt Spending


Posted originally on the CTH on January 17, 2023 | sundance 

The European Union is hopping mad that Joe Biden was able to pass the “Green New Deal” (aka Inflation Reduction Act) and generate hundreds of billions in government subsidies for climate friendly initiatives.   Essentially, this is an economic war over who can do socialism better.

Fearing the EU may lose their green position, the European Union is now promising to fight back by spending even more, bigger, sums of taxpayer funds to subsidize their green ‘climate change’ energy economy.

If Biden plans to transfer hundreds of billions to corporations as structural enhancements for permanent energy changes, the EU will meet or beat that subsidy scheme. So sayeth, EU Commission President Ursula von der Leyen.

(Via Reuters) – The European Union responded on Tuesday to U.S. moves to boost its energy transition with its own plans to make life easier for green industry, saying it would mobilize state aid and a sovereignty fund to keep firms from moving to the United States.

European Commission head Ursula von der Leyen told the World Economic Forum (WEF) annual meeting in Davos that the moves would be part of the EU’s Green Deal industrial plan to make Europe a centre for clean technology and innovation.

“The aim will be to focus investment on strategic projects along the entire supply chain. We will especially look at how to simplify and fast-track permitting for new clean tech production sites,” she said in a speech at the meeting.

“To keep European industry attractive, there is a need to be competitive with the offers and incentives that are currently available outside the EU,” von der Leyen added.

Earlier, International Energy Agency (IEA) executive director Fatih Birol told a WEF panel that energy security was now the biggest driver of climate investment.

Birol said the U.S. Inflation Reduction Act (IRA), which was signed by President Joe Biden last year, would drive investment into cleaner energy and represented the most important climate deal since the landmark 2015 Paris Agreement.

This view was echoed by Larry Fink, chief executive of the world’s biggest asset manager BlackRock, who told an event on the sidelines of the WEF meeting that moves by the U.S. government to finance a faster shift in the world’s biggest economy, through the IRA was a “game changer”. (read more)

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Carbon trading…. digital currencies… taxation on carbon footprints…. limits on what will be permitted for purchasing…. It’s all coming together swimmingly.

Prostitutes Attending WEF Summit in Davos Create Business Opportunity for EU Sex Workers


Posted originally on the CTH on January 17, 2023 | sundance

January 17, 2023 | sundance | 84 Comments

As noted by Steve Bannon during a summary of events at the World Economic Forum, the Daily Mail is reporting {SEE HERE} how the attending prostitutes are creating a business opportunity for European sex workers. Among the other topics up for discussion at this year’s summit are the Ukraine war, global inflation rates, climate change and inequality. {Direct Rumble Link}

Noor Bin Ladin Live From Davos: Climate Change Is The Globalists’ Trojan Horse To Introduce Social Credit Scores

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[L-R] Alain “SpankMe” Berset, president of Switzerland, Olena “MoMoney” Zelenska, First Lady of Ukraine, Ursula “FemDom” von der Leyen, president of the European Commission and World Economic Forum founder Klaus “WigglyBits” Schwab.

On a more serious note, the World Economic Forum describes itself as a collection of corporations, “shaping” government “policies.”

Fascism was traditionally defined as an authoritarian government working hand-in-glove with corporations to achieve objectives. A centralized autocratic government headed by a dictatorial leader, using severe economic and social regimentation, and forcible suppression of opposition.

That system of government didn’t work in the long-term, because the underlying principles of free people reject government authoritarianism. Fascist governments were destroyed, and the corporate beneficiaries were nulled and scorned for participating. Then, along came a new approach to achieve the same objective.

The World Economic Forum (WEF) was created to use the same fundamental associations of government and corporations. Only this time, it was the multinational corporations who organized to tell the government(s) what to do. The WEF was organized for multinational corporations to assemble and tell the various governments how to cooperate with them, in order to be rewarded by them. Corporatism was/is the outcome. The government is now doing what the multinationals tell them to do, and in return the multinationals install the compliant politicians.

Fascism, the cooperation between government and corporations, is still the underlying premise; the World Economic Forum simply flipped the internal dynamic putting the corporations in charge of handing out the instructions.

What results is a slightly modified definition of fascism:

…A massive multinational corporate conglomerate; telling a centralized autocratic government leader what to do; and using severe economic and social regimentation as a control mechanism; combined with forcible suppression of opposition by both the corporations and government.

Doesn’t that define our current reality.

The instructions from the multinational corporations to government would be called the “Great Reset“, or as previously transposed by the government officials receiving the instructions in the era following the COVID-19 pandemic, “Build Back Better”.

John Kerry Pontificates About the Extraordinary Ability of a “Select Group of Humans” at the World Economic Forum, Who Will Save The Planet for the Eaters and Serfs


Posted originally on the CTH on January 17, 2023 | sundance

During a sidebar conversation with those rare elites who wax philosophically about their magnanimous ability to protect the vulgarian eaters, former Secretary of State and current Climate Czar John Kerry, praises the audience for their unique traits and gifted high-mindedness that will protect all humanity.

While the lizard tongue darts, the grand pontifications are espoused.  The audience oohs and ahhs, at the nature of their entitled superiority. They are so good, so magnanimous, so altruistic in their disposition, according to Kerry they are literally “extraterrestrial,” which is to say out of this world.  WATCH:

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Go ahead and tell me how CTH was wrong 12 years ago….  Their worldview:

Schwab & Soros Not at DAVOS (Good News?)


Armstrong Economics Blog/WEF Re-Posted Jan 16, 2023 by Martin Armstrong

COMMENT: The internet is going viral with Schwab and Soros pulling out of the Davos WEF. Is this true and if so what are your thoughts on the reason.
Cheers,
MB

REPLY: Soros typically is not part of the WEF at Davos. He sets up a booth outside the official event. He does not speak there nor is he on stage very often. He claims a scheduling conflict. The rumor is all the hate mail directed at both of them. I would not buy that one. Schwab is apparently sick. I can confirm that he supposedly took the vaccination. Let’s see how that shapes up. He was not attending the opening ceremony. Both of then are pushing it and their days are numbered.

Ukraine Weighs BAKHMUT Retreat Due To RUSSIAN Offensive


The Dive With Jackson Hinkle Streamed on: Jan 15, 11:07 pm EST

WEF SPECIAL: The Most Terrifying Event Of 2023 – #059 – Stay Free With Russell Brand


Davos, the world’s most terrifying event is back! And we’re celebrating with a bumper 3 hour WEF extravaganza – with everything you need to know about Davos 2023, including some very special guests and all the major talking points from Davos as it happens. Join us… and you’ll be happy!