Armstrong Ecoomics Blog/Real Estate Re-Posted Jun 16, 2021 by Martin Armstrong
QUESTION #1: It has become impossible to buy houses between $300-$500,000 in the Orlando area. From a realtor, he said that Blackrock is buying everything and they rely on a famous forecaster who said real estate is the only way to earn income. He said he heard it was someone in Florida. Is that you?
QUESTION #2: Is Vanguard and Blackrock part of the great reset fraud?
QUESTION #3: With the revelation of Blackrock buying up single family homes and making homeownership and rentals unaffordable, what is the average person to do? My son and his family and my husband and I were getting ready to purchase homes to settle down in but have now been priced out of most markets and rentals are also hard to come by that we can afford. We live in California but are wanting to get out of Dodge.
ANSWER: I am not a liberty to say who is and who is not our client. What I can confirm is that Blackrock has bought more than 20,000 homes in Florida under $500K. They are buying for cash and this is the result of artificially low interest rates. Central banks have created a disincentive for buying government bonds. This is going to come to a head and we will see interest rates rise because big money is looking at the return on renting out homes rather than investing in bonds.
This is not part of the Great Reset in saying you will own nothing. This is the shift from Public to Private. You cannot artificially lower interest rates to absurd levels under real risk and then expect them to remain there indefinitely when these pension and investment funds need higher returns. The good news to this trend is that it is resulting in the institutionalizing of the real estate market which is far better than the last attempt by creating mortgage-backed securities.
Socrates covers real estate around the world which has been part of our Institutional services. We have made this available to all levels of subscribers. We do have this broken down per state in the USA. We will be adding that to the general system because of the impact of this shifting from Public to Private in capital investment.
Armstrong Economics Blog/The Hunt for Taxes Re-Posted Jun 15, 2021 by Martin Armstrong
In Germany during December 1922, the last straw that broke the back of the German economy was a forced loan of 10% of all your assets. This destroyed the confidence that remained in the Weimar Republic and thereafter people withdrew the money from banks and started to convert to other currencies and to buy whatever tangible assets they could. Hyperinflation took off in 1923.
History repeats BECAUSE human nature remains the same. In an interview with The Hill, of course, it was a Democrat from New York Thomas Suozzi who said he’s in the early stages of looking at what he called a “patriot tax” which is really a WEALTH TAX that he is proposing to impose as a one-time surcharge of 2.5% on wealth between $50 million and $100 million and a 5% on wealth above $100 million.
This is NOT income – this is on assets. It will require full disclosure of all assets held globally with penalties of imprisonment and confiscation of assets if you lie. Note this is how they introduced the income tax in 1913. They always put the initial level above the average person. In 1913, the average annual wage was about $1,500. Making the income tax starting at $3,000 was to ensure the people would not worry about the rich.
They are doing this once again. True, I would not care if Bill Gates or George Soros had to pay 5% of their gross worth. But they throw that into their foundations which will not be taxed. My real concern is once they push this through, then it is one small step for the government to lower that to $1 million or $500,000. Even if you own a home that is $1 million and you have an $800,000 mortgage, you are taxed on the $1 million – not the net.
Still, many people will say anyone with $1 million can afford to pay 5%. But that includes all assets – the value of your home or business. He says they will give them 5 years to pay it. Why? Because this is on all gross assets that they will then appraise. They can say your home is now worth $1 million despite the fact you paid $250,000 so you have to pay 5% of that $1 million gross as well. We are talking about assets that not LIQUID meaning you then must sell things to pay the tax. This is how they destroy farmers. The inheritance tax forced the sale of land to pay the tax ultimately leading to big corporate farming.
So you wanted to know how to destroy an economy as fast as possible? All you have to do is impose a WEALTH TAX and watch what happens! You can double your money in the stock market, they want 5% to the total gross value. They could easily tax you on the maximum value of Bitcoin holdings during a given period. Do not count on any federal judge ruling in your favor. That will NEVER happen!
So this is just another nail in the coffin of the West and why China will emerge as the #1 world economy. The LEFT will destroy everything – it always ends up that way. That is neither my opinion nor a conspiracy theory. It is just history. The policies of the LEFT are prohibited by the Ten Commandments. Not only does this violate the freedom of religion, the same prohibition appears in other legal codes from ancient times proving that it was prohibited for good reason.
Armstrong Economics Blog/Forecasts RE-Posted Jun 15, 2021 by Martin Armstrong
QUESTION: Are you familiar with that studies of pundits have shown that their forecasts are no better than chance. You seem to be in the category of what those studies at Penn University by Philip Tetlock called “superforecasters”. Would you care to comment on how you are right so often when others never are?
ANSWER: I am not familiar with those studies on forecasting but it makes sense. The vast majority of forecasting is nothing more than opinion. That is why they are rarely correct. Even Barron’s took a shot at me because in 2010, the forecast was that we were entering a bull market with new highs on the horizon following the crash of 2007-2009. Of course, Barron’s never wrote another piece to say the forecast was correct. Barron’s acknowledged I had forecast the 1987 Crash. But they never reviewed everything.
The press likes pundits to talk opinion. They are not really interested in forecasting. If they were, they would do a serious article on all our forecasts concerning the methodology that has been correct for a single reason — history repeats. Socrates puts the entire world together and maps out the capital flows. Just follow the money — that will mean you will be far more correct than sticking your finger in the air to judge the direction of the wind.
History repeats because human nature never changes throughout the millennium. We are a species that will never change because human nature remains the same since the dawn of time. There are Stone Age graves with people buried with dignity. The most amazing find so far of a Stone Age grave was of a female and two children hugging each other. They were carefully arranged in this position. This strongly indicated they had spiritual beliefs and cared for their dead, but most of all, it showed love.
Throughout millennia, people before recorded history showed how that they cared for one another. They also showed a consistent belief in the hereafter. There are even dozens of burials in the southwestern Siberian village of Staryi Tartas, where human remains were positioned in pairs facing each other. The rare couple burials are among 600 graves dating to between the 17th and 14th centuries BC from the Bronze Age Andronovo culture. Even in the Stone Age, there was respect for the dead shows love existed then as it does today among our species.
This respect has been a tradition in human communities that appears from the very beginning. But Socrates cannot answer that question. It can show the correlations with religions and demonstrate the similarities of cultures around a central belief system. It cannot confirm or deny the existence of an afterlife. That becomes opinion.
Human nature endures. We travel through time, and technology progresses with our knowledge. However, emotionally we remain very much the same. Society MUST move through these crash and burn periods. It is how we progress through history. We learn only through our mistakes — never our victories.
Therefore, the correct forecasts are not because of my personal opinion or some guess. Everything is based upon history and what that reveals is straightforward. Given the same circumstance, human nature will ALWAYS respond in the same manner, like an animal cornered will stand and fight even if it is a possum that normally plays dead. The future becomes understandable ONLY when you understand the past.
Armstrong Economics Blog/Great Reset Re-Posted Jun 14, 2021 by Martin Armstrong
The interesting thing about small dogs is they do not realize they are small. We need to think the same way. For years I have watched the pros focus on statistics and get caught by surprise. The stats reflect what the average person already did last month, quarter, or year. Plenty of times I remember my nothing watching TV and they announced inflation declined and she would say then how come food cost more this week? The average person looks at what is taking place on the street. The pros look at the numbers reflecting the past. Plenty of time the little guy beats the pros but they just don’t pay attention.
We can win this one. The average person already has rejected Fauci no matter how much CNN, Washington Post, and the New York Times try to pretend otherwise. Only 17% of the population believe Fauci while 54% now believe this was just a lab leak. Confidence in government is collapsing. Biden has made a very serious mistake aligning with the World Economic Forum.
I have warned that RELIABLE sources have been telling me that the plan was to introduce climate lockdowns once the got people complying with the health lockdowns. Even the Guardian reported, perhaps by mistake, that we would need lockdowns every 2 years to save the planet. I really wish this was a CONSPIRACY THEORY I could just ignore. But this was the REAL agenda all along -climate change.
These people have DELIBERATELY exploited Greta Thunberg and this virus which was MADE in a lab and I believe it was strategically released and China needs to investigate but it realized the USA and EU will not cooperate because they need to hide the source. This is the Kennedy assassination all over again. They falsely implied Russia but ensured Oswald was killed to guarantee no trial. The West is already setting the stage to say China was sloppy. They will never accept that just maybe this consortium paid for its release.
If someone would investigate they would find Gates began selling shares in December 2019 and Schwab sold ahead of the COVID Crash telling people a “virus was coming” we would start to expose the connections. But I fear China is like deer in headlights, frozen and unclear as to how to defend themselves.
Armstrong Economics Blog/Tyranny Re-Posted Jun 14, 2021 by Martin Armstrong
QUESTION: Regarding the G7, which committed us to more stimulus, I can totally see where this is going. You are the historian. Do you not think this is where we end up – capitatio-lugatio. Same exact pattern.
ANSWER: For those who are not familiar with capitatio-lugatio, this was the tax collection system developed by Diocletian (284-305AD), which determines the amount levied on agriculturally productive land. This was a major tax reform following the collapse of the Roman monetary system following the capture of Emperor Valerian I (253-260AD) by the Persians.
Most of the historical analysis is lacking mainly because they never saw the magnitude of the collapse in the monetary system. In the course of just 8.6 years following the capture of Valerian I in 260Ad and the assassination of his son Gallienus in 268AD, we can see the Antoninianuc, which was largely silver in 260AD, because just a debased coin that was simply bronze chemically plated with a thin coat of silver must like our clas coinage which began in 1965.
Inflation went nuts because once the people saw that Valerian I had been captured and turned into a slave, suddenly Romans saw themselves as vulnerable. This had profound implications for it was the primary reason Christianity soared. Diocletian began fierce persecutions of Christians under the theory that the gods were angry with Rome because they would not worship them so they were punishing Rome. That is why the persecutions took place.
Then because word spread that Valerian had been captured by the Persians in the East, suddenly all the barbarians in the North began to invade believing that Rome was then vulnerable. At the same time, there was a plague. Emperor Claudius II (268-270AD) had assassinated Gallienus but then died of the plague. They called him Gothicus because he defeated the Goth invasion which brought them all the way down to Milan. This led his successor Emperor Aurelian (270-275AD) to construct the wall around Rome which was not necessary previously. Additionally, it was Aurelian who sent in the Troops into Rome to do battle with the bureaucrats running the mint who were debasing the coinage, not by official decree, but they were robbing the silver for themselves. They were then plating the bronze coins with silver which previously had been a trick of counterfeiters.
Unfortunately, the Historia Augusta (HA) which is a collection of thirty biographies of Roman emperors, co-emperors, and usurpers in chronological order from Hadrian to Carus and his sons, stops just shy of Diocletian. As usual, this was claimed to be a fraud because some of the names of emperors nobody ever heard of. But when two coins were discovered in Egypt with the name of Saturninus, these historical accounts were proven to be authentic and this became the rarest of all Roman coin that is probably worth between $5 and $10 million today (one remains in the Louver).
Diocletian (284-305AD) was the great reformer. Diocletian completed the monetary reforms introduced by Aurelian in 274AD after he waged war on the corruption in the mint. In 286AD he began to try to fight inflation by reforming the coinage. The gold he raised the weight of the Aureus striking them at 60 to the pound raising that from 70 to the pound previously.
Diocletian then reintroduced silver coinage (argenteus) with weight and fitness which effectively reestablished the old standard from the time of Nero (54-68AD) who began the debasement.
Diocletian then turned to political reform. He is also the first Emperor to actually retire and hand power to the next in line. There were 22/23 emperors/usurpers who followed Gallienus’ assassination in 268AD. Diocletian sought to end the constant waring and split the empire between East and West and appointed a co-emperor and each had a Caesar who was to be their successor. This political structure was called the Tetrarchy. This was set up in 293AD but it was most likely following his attempts to reform the empire alone which proved to be formidable.
Finally, about 297AD he introduced a reform of the bronze coinage which he reintroduced. However, his monetary reform failed to halt price inflation. People simply hoarded the new currency, especially silver. This had the opposite effect and inflation accelerated.
Meanwhile, corresponding with the introduction of bronze coinage in 297AD, we also see that Diocletian radically restructured the tax system, in an effort to re-establish economic stability. largely by changing the property tax base and strengthening the system of perception. However, the Diocletian tax reform was carried out as early as 287AD in hopes of suspending inflation. Diocletian attempted to gain control of the chaotic usurpations of nearly 23 emperors in the 26-year period before his reign by preventing travel as we see once again with the attempt to impose COVID Passports.
Indeed, if you were discharged from the Army you needed your papers which were really etched in bronze plates. Diocletian’s response to economic pressures and in order to protect the vital functions of the state, he restricted social and professional mobility ending the freedom of profession and the freedom of movement. Diocletian decreed that the peasants became tied to the land creating a form of serfdom. Workers in various trades such as a store-keeper, blacksmiths, public entertainers, and various bureaucrats all became occupations made hereditary. We find tomb markers depicting their trade in life.
Even soldiers’ children were forced to become soldiers regardless of their ability all because there was then an increase in trying to recruit soldiers. This made the draft really draconian.
Diocletian also took it upon himself to restructure society and tried to resurrect and preserve the ancient virtues. He sought to obligate children to feed their parents in old age which of course was a retirement directive. Parents were directed to treat their children justly. He also ordered that spouses should end adultery and respect the laws of marriage. In matters of law, children were not to bear witness against their fathers, or slaves against their masters. In respect to private property, he upheld a creditor’s rights but also insisted that contract clauses were to be protected. He also outlawed the use of torture if truth could be discovered otherwise and encouraged governors to be as autonomous as possible. The United States is proficient at torture and simply pretends that also long as a physical mark is not left of the body then it is not torture. Threats, isolated confinement, deprivation of heat, and waterboarding are not torture in the eyes of American judges. The corruption in American courts is no different than what Diocletian forbid.
Consequently, Diocletian imposed social changes that were more totalitarian in his effort to gain control of the economy. He this also create a uniform system of taxation throughout the empire. Rome did not have income taxes. Instead, Rome had a property tax, known as the annona, which Diocletian then based on the available labor and livestock (capita) as well as after the cultivated land (iugera) calculated by tax estimates (censitores). Therefore, the assessment of taxes was based on the categories of people and animals (caput) and land (iugum) combined with each other (which mainly affected the rural population) and also subjected Italy to direct taxation, which had not been the case before Diocletian. This became what people today are calling for as a wealth tax on everything you own, but on top of your income taxes.
This system combined two pre-existing taxes, the iugatio (affecting land rents) and capitatio (affecting individuals) failed to subdue the inflation in addition to the monetary reforms. According to this methodology, the complex of arable land was divided into the various regions, according to the type of crop and their yield, into fiscal units called iuga, while the population was instead divided into fiscal units called capita. The value assigned to iuga and capita was not fixed but varied according to the individual provinces and the needs of the state budget.
Consequently, Diocletian took into account the individual performance. While contemporary authors complained, such as Lucius C. Lactantius (c. 250–325AD) who was the first Christian writer in Latin to attempt a general account of the religious history of humanity and of Rome, we must take into account that the backdrop was also the end of freedom of movement, not just religious persecutions.
The amount of tax to be paid was initially determined every five years. However, this changed to then every 15 years in 312AD. Without question, the new tax system enabled steadily flowing income, especially for the eastern part of the empire which was more secure than the West which could be easily invaded by the Germanic tribes. Diocletian tax reform merged the land and personal taxes into this single tax, the capitatio-iugatio, which was a form of wealth tax rather than income for it was based on the factors of production: men, beasts, lands. Diocletian created a massive land register of the wealth of the entire Empire.
Eventually, the Persians admired the tax reforms of Diocletian and adopted a similar tax reform in the Sassanid Empire during the 6th century. However, since the capitatio-iugatio ended up tying the peasant to the land, contributing to the training of serfs, this created what seemed to emerge as the “norm” for when Rome fell in the West in 476AD, what emerged thereafter was serfdom as the normal state of society. We see this carry forward into the 14th century which took the Black Plague to bring to an end and for capitalism to reemerge. Under this system, land without peasant labor that remained uncultivated cannot be subject to tax for it produced nothing. Therefore, the Roman government under Diocletian set in motion a structural change in society that would prevail in itself for about 600 years. With the Black Plague and the loss of 50% of the population, landlords began to offer wages for peasants to work their land.
The failure of Diocletian’s monetary reforms to suppress inflation forced Diocletian to introduce wage and price controls. We see the very same mistake that is made in modern times by the hard-money people who assume that it is the lack of a backing of the currency that leads to inflation. Here we have a major monetary reform that failed despite the restoration of silver coinage and the increase in weight of the gold aureus. Clearly, the issue was not even the quality of the money. The most profound impact leading to inflation was the collapse in confidence in government and even the power of the Roman Empire to remain invulnerable.
The Romans used the reverse side of their coinage as newspapers. Here we have Diocletian striking a coin with Fortuna who is typically pictured as holding the ancho or rudder of a ship in one hand and the cornucopia in the other. This is typically the origin of the hope for good fortune meaning on a whim she can change the course of your life like turning a rudder on a ship or give you everything you ever dreamed of. Clearly, this is something intended to inspire confidence that the “luck” of Rome is changing.
Moneta holding scales in one hand and cornucopia in the other symbolized plenty. The Roman goddess Juno Moneta (Latin Iūno Monēta) is where we derive the word “money” and also the “mint” where the money was created and flows from. As the legend goes, the Gauls attempted to invade the city of Rome quietly but had frightened the sacred flock of geese who made a lot of noise at the Temple of Juno. This alerted the Romans to the surprise attack giving us the word “monere,“ meaning “to warn” in Latin. The Temple of Juno then became popularly known as the Temple of Juno Moneta. Since this is where the coins were minted, we now arrive at the word “money” that springs from the origin of this legend and place that was an ancient mint.
Our term, such as capital flow, emerges from the Latin word “currere” meaning “to run” or “to flow.” This is where the money flowed from and gives us the word “currency” meaning the “flow of money.” This is why Juno Moneta is pictured on Roman coins as holding the balance scales in one hand and a cornucopia in the other symbolizing endless bounty or wealth. This is the birth of the terms “money” and “currency.” Diocletian is clearly suggesting that the monetary reform will restore the confidence of the ages.
In 301AD, Diocletian attempted to control inflation by issuing a maximum price edict and salaries of workers which is the same reaction that was taken by President Richard Nixon following the collapse of Bretton Woods. Diocletian’s edict has survived and it shows the same attempt to regulated wages and prices as implemented in Babylon by the Hammurabi Legal Code of 1780BC. This complied with the ECM of 242 intervals of 8.6-years. We will find the many periods in time along the way that comply with this same frequency from Solon the Lawgiver of Athens to the fall of Athens to Sparta in 404BC.
Despite all the reform efforts, the Roman Empire was collapsing because the confidence just imploded. Even the Roman officials in the periphery provinces had begun to just rule on their own taking the spoils of taxation for themselves. With the collapse in confidence and Diocletian restriction of movement, shortages in supply added to the inflation. Innovation came to a halt and commerce began to stall much as we have witnessed with the lockdowns thanks to COVID.Video
Once again, as the confidence in governments is collapsing and the socialistic system of endless borrowing had met a brick wall thanks to Marco Draghi taking interest rates negative in 2014, we see a very similar situation developing. While the head of state may not have been captured by the Persians, the election of Donald Trump in 2016 represented to them a usurpation of power since he was a “populist” rather than a career politician. I am not being a Trump supporter nor partisan, Career politicians simply do not want any outsider playing in their backyard. It has nothing to do with what Trump said or did not say. He was just not one of them.
When we look closely at the events around Diocletian, we have a very similar crisis waiting for us. The social system is crashing for governments will be unable to continue to borrow at these absurd low levels of interest rates. They are cleverly planning their release of cryptocurrencies so all money can be traced and taxes collected. They too are seeking to create an identity-based accounting of all money. The cryptocurrency has been allowed to blossom with the end-game to simply seize everything and swap it for government cryptos.
Today, and in the 3rd century, people have been hoarding their money until Biden took office and inflation has begun to rise. This is why inflation did not appear despite the rising supply of money because people did not trust the future post-2008. The collapse in real estate back then really upset the average person who regarded that as their retirement. We find massive hoards of even debased coins from the 3rd century provide it was not even the metal content. With barbarians at the Gates, people simply did not spend money leading to deflation and the economic decline. When Diocletian came to power and introduced all of these reforms, that is when we begin to see inflation rise sharply.
Perhaps most important concerning Diocletian’s program of domestic reform, he clearly followed some of the leads of his predecessors who had made some tentative attempts in the same direction of reforms. The emperor Gallienus had excluded senators from the army and separated the control of the military from civil careers. The Senate had progressively been deprived of its privileges in an effort to reduce its power. Diocletian recognized this same trend and structurally arranged the government in such a manner that led toward the centralized control that put all powers at his disposal. We see the very same strategy to end democracy unfolding today.
Diocletian designated the consuls to watch over the affairs of the state and distanced the senators from any collaboration with respect to making the laws. Today, we have the structure of the European Union whereby the people can vote for the Parliament, but they have no power to create law – that is done by the Commission which never stands for election. Klaus Schwab’s World Economic Forum is pushing this very same structure to eliminate elections and reduce them at best to symbolic.
We also see that Diocletian used bureaucrats, unelected actors, as imperial counselors (consilia sacra) which he appointed to run specialized offices with their loyalties to his administration – not the senate. He expressly defined the power of the praetorian prefects (personal bodyguards to the emperor) and limited that for this is where often usurpers arose. The number of bureaucrats increased dramatically under Diocletian. Over the next 50 years, it would often be said that there were more people in government than there were paying taxes. This was the beginning of the bureaucracy and technocracy that was eventually overrun the empire and became excessive under Byzantium rule. This is once again emerging here in modern times as there is always an expansion of government for the more the economy declines, the more power they try to claim to maintain that power.
Diocletian even reorganized the army sending the local troops to the frontier and the main movable army was made domestic. He also increased the size of the army Troop strength was increased by a fourth (not multiplied by four as Lactantius claims). There too, Diocletian’s reforms became our norm whereby he exempted soldiers from duty after 20 years of service which became our standard for retirement into modern times.
It appears that these reforms did manage to create some short-term financial stability. However, the rise of Constantine I the Great following his father’s death, who was an heir in line for succession, led to the collapse of the political reforms. Constantine, which mother was a Christian, promoted Christianity for political purposes saying that there is one God and there should be one Emperor – in heaven as on earth.
Armstrong Economics Blog/Israel Re-Posted Jun 13, 2021 by Martin Armstrong
Israel’s 120-member Knesset voted to swear in a new government Sunday, ending the historic 12-year rule of Prime Minister Benjamin Netanyahu. The new prime minister is Naftali Bennett, who is considered to be a Far-right politician. AS we head into 2022, there will be a lot more political upsets to come.
Armstrong Economics Blog/Conspiracy Re-Posted Jun 13, 2021 by Martin Armstrong
The G7 meeting +1 (EU) met in Cornwall in southwest England. The London Financial Times, which has openly come out and advocated the Great Reset, reported that “Joe Biden has won support at the G7 summit for a ‘carry on spending’ plan, as western leaders rejected austerity in a post-Covid world and vowed to tackle inequality at home and abroad. Biden’s call for continued economic stimulus was backed by fellow leaders at the summit, in a gathering framed by leaders as the moment the west starts a fightback against an ascendant China.”
On Friday evening, the G7 leaders and partners traveled to the Eden Project, a futuristic environmental park, to meet Queen Elizabeth and other members of the royal family. The Eden Project is a futuristic view of a Green planet that is billing as connecting us with each other and the living world and this is the future they envision. It is located in Cornwall, UK, which is WHY this G7 meeting was staged at this location. There are massive Biomes housing the largest rainforest in captivity.
They have stated that this is “the moment and support the economy” and Mario Draghi, former head of the European Central Bank who destroyed the bonk market by moving to negative interest rates in 2014 which failed, is now Italy’s prime minister, said that “there is a compelling case for expansionary fiscal policy.” They have destroyed the financial economy with artificially low interest rates which means they can no longer borrow endlessly. Consequently, they have adopted Modern Monetary Theory arguing that they can now simply print money endlessly and any inflation is purely temporary due to the shortages caused by COVID.
The Federal Reserve has joined the party with its own propaganda saying in April that it will continue its ultra-low interest rate policies and bond-buying program, a sign that it wants to see more evidence of a strengthening economic recovery before it considers easing its support. The Fed continues to call inflation is just short-term and they are saying they will not yet intervene.
The absolute nonsense coming from the G7 is really amazing. Boris Johnson had the guts to claim that it was vital the pandemic did not cause a “lasting scar” of inequality claiming that the last big economic recession of 2008 saw a recovery that was not “uniform across all parts of society.” This is just such propaganda all intent upon ushering a new system of totalitarianism under the pretense of “equality” and fairness.
Their greatest fear is “populism” and they all keep trying so hard to stab Trump as if this were the assassination of Julius Caesar when the senators stabbed Caesar 23 times also claiming they were defending the Republic which was hopelessly corrupt and controlled by an oligarchy as we see once again today. That claimed that after four years of Donald Trump’s presidency, the G7 was suppressed in the division and now they are in harmony to change the world for the Great Reset. Boris Johnson even stabbed former Conservative Prime Minister David Cameron’s policies of austerity calling them “a mistake.” The G7 thus concluded that they will commit to higher spending to “help” the developing world from a crisis they themselves have orchestrated. Of course, the G7 has also committed to funding for climate change.
This was all about justifying spending with artificially low-interest rates to create EQUALITY which is seriously calling into question that this all leads to only one place – totalitarianism.
Posted originally on the conservative tree house on June 12, 2021 | Sundance | 132 Comments
Globalism is a pantomime played by elites on the world stage of a Potemkin Village.
Today’s performance of ‘a Frog and his Fool’ is brought to you by Emmanuel Macron and the installed occupant of the White House.