Posted originally on Mar 21, 2025 by Martin Armstrong
QUESTION: Mr. Armstrong, Thank you for speaking the truth about the timeline of this war with Ukraine. Every news story here in Europe says the same thing. Russia was unprovoked. Never in my entire life have I ever witnessed such outright lies by the press. I do not see the Europeans rising up to overthrow these governments. We are sheep being led to the slaughter. You have forecasted that the euro will no longer exist, and they are rapidly moving to digital currencies, which will be, as you say, for capital control. We will not be able to leave or get our money out. Will you do a special report on Europe? I think it is time to prepare for the future sooner than later.
I am a great admirer of your courage and endurance.
Hans
ANSWER: It gives me no pleasure to live through Socrates’s forecasts as we head into 2032 when even the euro has a Panic Cycle. I have done my best to try to defeat my own computer to no avail. Nobody will listen to me, and they certainly never listen to history, assuming this time is always different. That is just part of the cycle. Those of us who see the patterns are condemned to sit on the sidelines and watch everyone repeat history repeatedly.
The euro has broken last year’s low and is still trading below it. We have a very serious Panic Cycle for Europe next year, and they are pushing to cancel the currency’s move to digital ASAP. All they look at is capital controls, which will prevent bank runs and stop capital fleeing. They are trying to control their risk of the collapse of the EU.
Germany counterfeited the British pound during World War II to undermine their economy. However, with digital currencies, Russia has an EPM bomb. All they have to do is explode one over Europe, and you will fry the electric components and kill the digital euro altogether. This is how all governments work. They are entirely myopic, like climate change or COVID-19. In both cases, they never considered that this would drastically shrink the economy. Only afterward, behind the curtain, do I get the calls. Can you fix it?
When she was at the IMF, Christine Lagarde threatened tax havens to turn over all the people with accounts there or remove them from the SWIFT system. She even did that to the Vatican. She was the one who started this insane policy that her buddy, Obama, tried on Russia in 2014, and SWIFT refused to comply. So, they replaced the head of SWIFT in 2019, and he removed Russia from SWIFT, which set BRICS in motion. They are always myopic and never consider the counter-move in chess.
Now, Lagarde runs the ECB, pushing for the cancellation of the currency and moving to digital. This is about taxes all over again. She hates the rich, other than politicians, and is a pure socialist while prancing around as one of the best-dressed women in Europe in $10,000 designer attire.
Christine Lagarde, head of the IMF, could be charged with money laundering as she transported more than $10,000 worth of goods without declaring them. Lagarde appeared in New York City wearing French designs in a Chanel dress worth €3000, €6000 for her Hermès handbag, and at least €500 for her Christian Louboutin shoes, bringing the total to about €9500, not counting jewelry, of course.
This is like Biden’s Climate C zar, John Kerry, flying around in his private jets while telling us to ride a bicycle or walk to work in our 15-minute cities. Then he tells coal miners to get a real job learning how to make solar panels.
I am working on a detailed report covering the individual countries and the break up of the EU down the pike.
Posted originally on Mar 18, 2025 by Martin Armstrong
French President Emanual Macron is encouraging the boycott of US-made products. Although he is speaking to EU leaders about US-made defense products, Macron is clearly in favor of the growing calls around the EU to boycott all American-made goods. “My intention is to go and convinceEuropean states that have become accustomed to buying American,” he said on Saturday after declaring that he would visit other European leaders to urge them to discontinue purchases of US defense equipment.
“Those who buy Patriot should be offered the new-generation Franco-Italian SAMP/T. Those who buy the F-35, should be offered the Rafale. That’s the way to increase the rate of production,” the president said. Macron wants to send his troops to Ukraine’s frontline immediately and has become outraged with the US for electing a president who supports peace. “This [sending troops] would mean a partial invasion of Ukraine and a freeze on the conflict, without offering any security or guarantees for the future,” Macron said.
European Commission President Ursula von der Leyen also stated that new defense loans should go to European manufacturers and has proposed a €150 billion ($163 billion) loan for member states.
This goes far beyond defense spending as European leaders are outraged by the United States backing away from the war, the Paris Accord climate agreement, the World Health Organization, and every other globalist policy that was ruining the nation.
French MEP Raphaël Glucksmann, of the Socialists and Democrats group recently demanded that the US return the Statue of Liberty. “We’re going to tell the Americans who have chosen to align themselves with tyrants, who have dismissed researchers advocating for scientific freedom: ‘Return the Statue of Liberty to us.’ We bestowed it upon you as a present, yet it seems you hold it in contempt. Therefore, it would be better suited here at home.”
The European Union has a common enemy—Donald Trump—who they will blame for all of their woes. “Look, let’s be honest, the European Union was formed in order to screw the United States,” Donald Trump once said. Macron has had it out for Trump since his first presidency. He would like to transform France into the EU’s primary defense system with its nuclear capabilities now that the US is no longer leading this proxy war.
Perhaps Macron would reconsider his position if Trump agreed to extradite his number one American foe—Candace Owens.
Posted originally on Mar 17, 2025 by Martin Armstrong
Canadians are outraged at US President Donald Trump’s repeated threats to annex Canada. Canadian consumers began boycotting American products and are now boycotting America in general as tourism sank by nearly a quarter this February. Statistics Canada reported a 23% decline in trips via car from the US this February, marking the second consecutive monthly decline, while trips to the US by air declined 2.4%.
Based on personal conversations with Canadian friends, I do not believe this decline is simply correlated with the falling Canadian dollar or unfavorable exchange rate. The US was the top travel destination for Canadian tourists, and many state and local economies depend on those tourism dollars. Canadian license tags nearly equate to US tags in the spring and summer months down here in Florida. Yet, Canadians are genuinely outraged by Trump’s comments on their nation becoming a US state and want to boycott the US and anything manufactured here. I have even heard of companies canceling conferences in the US due to tensions.
Hotel reservations near the Canadian border have seen notable decreases as well. Niagara Falls, New York, reported a 8.1% decline in Saturday night bookings and Bellingham, Washinton, recently saw a 10.8% dip. Canadian travel agency Flight Centre rang the alarm that booking to the US in February plummeted an alarming 40% YoY.
There were over 20.4 million visits to the US from Canada in 2024, aiding in $20.5 billion in spending. The US Travel Association believes a 10% decline in Canadian tourism could shed $2.1 billion from the US economy and cost up to 14,000 jobs. The association noted that if the current trend continues, the US economy will lose at least $4 billion in tourism. Tourism states like Florida, New York, Nevada, Texas, and California will experience the worst repercussions of this travel boycott.
Canada is a sovereign nation, and the people wish to keep it that way. We had an excellent relationship with our neighbors to the north despite political warfare. Now, it seems as if anti-American sentiments are growing across Canada since President Trump has been keen on potentially annexing it.
For our Canadian readers— as you know with Trudeau and now Carney, our leaders do not always speak on behalf of those they claim to represent. Americans have no desire to annex Canada. In fact, the majority on both sides of the political spectrum thought Trump was simply mocking Trudeau when he proposed making Canada a state. The majority of Americans respect Canada’s sovereignty and wish we could lay this topic to rest already.
Posted originally on Mar 17, 2025 by Martin Armstrong
Tariffs are on, tariffs are off, tariffs are delayed—the confusion surrounding world trade has Americans on edge. The University of Michigan’s sentiment survey for March shows a massive plunge in consumer confidence “across all groups by age, education, income, wealth, political affiliations, and geographic regions.”
Consumer sentiment dipped 11% for the month to 57,9, marking the third consecutive monthly decline and the lowest level since historically high inflation in 2022. Americans believe inflation will soon rise to 4.9%, an increase from the 4.3% predicted last month.
“Many consumers cited the high level of uncertainty around policy and other economic factors; frequent gyrations in economic policies make it very difficult for consumers to plan for the future, regardless of one’s policy preferences,” Joanne Hsu, the survey’s director, said in a release.
Spending patterns mimic this drop in confidence as consumer spending declined in January 2025 for the first time in two years. There is far too much uncertainty in terms of policy, but worse, there is extreme uncertainty surrounding the current cost of living that does not seem to be easing for the average person.
We are in a period of stagflation. During periods of stagflation, the prices of goods and services increase while buying power decreases. Consumers end up spending more on less. Some people have a tough time understanding that we are in a massive deflationary spiral; they think that rising prices mean inflation and not deflation. Then, they mistake stagflation for deflation and wonder why people are spending more on less. They only see prices, not disposable income, and indeed not economic growth and unemployment.
Most expect to see higher prices with tariffs. Then the lack of confidence becomes a self-fulfilling prophecy where we do not see growth as businesses and consumers refrain from investing. It is all about CONFIDENCE.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America