Biden Begs OPEC+ to Delay Vote Until After Midterms


Armstrong Economics Blog/Corruption Re-Posted Oct 17, 2022 by Martin Armstrong

Joe Biden is playing dirty before the midterm elections by urging Saudi Arabia to delay the OPEC+ oil vote until December. The Saudis, who unofficially run OPEC+, do not respect Joe. OPEC+ voted on October 5 to cut oil production despite Joe’s desperate pleas. In a desperate attempt to avoid further embarrassment, Biden asked them to delay the next vote.

The Foreign Ministry of Saudi Arabia replied with a letter rejecting Biden’s requests. The kingdom said they declined Biden’s request in October for purely financial reasons. They reject the idea that they declined on behalf of Russia and said that they are not interfering in international conflicts. Worse, they believe that Biden is promoting the idea that Saudi Arabia is against the United States. In reality, they want to make money and be left alone. Oil is what keeps their kingdom afloat. The letter confirms their relationship with the United States is “strategic” as a trading partner and nothing more.

As for pushing back the next vote, that is not in Saudi Arabia’s interest. They explained that “economic analyses indicate that postponing the OPEC+ decision for a month, according to what has been suggested, would have had negative economic consequences.”

White House officials have confirmed Joe’s election interference. “We presented Saudi Arabia with analysis to show that there was no market basis to cut production targets, and that they could easily wait for the next OPEC meeting to see how things developed,” National Security Council spokesman John Kirby said in a statement. Yet, the White House swears this decision has nothing to do with the midterms.

This sounds like election interference to me.

Guaranteed Basic Income Pilot Includes Illegal Immigrants


Armstrong Economics Blog/USA Current Events Re-Posted Oct 17, 2022 by Martin Armstrong

An Illinois county is paying illegal immigrants for making it across the border and winding up in the mess that is the Chicago area. US taxpayers already pay around $20 billion annually to support those who entered illegally, but that amount is expected to rise significantly. Although impossible to forget, this is occurring on the backdrop of serious inflation and a looming global recession. Now, lawmakers are promising Guaranteed Basic Income to this same group.

The Cook County Promise Guaranteed Income Pilot is testing Guaranteed Basic Income on 3,250 households across the county. They will each receive $500 per month with “no strings attached.” Again, free money is never free. Those eligible must be adults 250% beneath the federal poverty line or households over four earning under $69,375.

It is estimated that 36% of county residents will be permitted to apply. “Participants are free to spend the money however they see fit to meet their needs, within the bounds of the law,” the website states. “This pilot is open to all residents of Cook County, regardless of your immigration status. This means that if you are undocumented, or your household is a mixed-status household, and you meet the eligibility criteria above, you are eligible to participate.  We will not share information on immigration status with Immigration and Customs Enforcement (ICE) or with the United States Citizenship and Immigration Services (USCIS).”

They claim the funds will come from the American Rescue Plan Act, an act funded by Americans that was intended for Americans. Welcome to modern-day America where individual counties are permitted to practice socialism at your expense.

Putin is Not the Madman – Biden is Just Senile


Armstrong Economics Blog/Russia Re-Posted Oct 16, 2022 by Martin Armstrong

I feel sorry for you for those who believe the propaganda put out to justify a war that Putin is this madman. Be careful what you believe and wish for. You probably think the government really cares about you and your future. You probably still wear masks driving alone, or even when you sleep, and possibly a condom just in case for good measure.

There are those of us who have REAL contacts and who understand REAL geopolitics and the way governments create wars by filling the minds of their people that there are weapons of mass destruction. Now even a former MI6 agent has come out and said the same thing. You better be careful what you wish for. Putin was selected by Yeltsin BECAUSE he was not a Communist and was moderate. Yeltsin was under siege from the communists who did want to resurrect the USSR and the oligarchs who wanted to strip mine Russia for themselves. If Putin was a communist, Yeltsin and his family would have been in prison.

I have all the declassified documents from the Clinton Administration that CONFIRM that Putin was nothing that the propaganda is all about. He NEVER sought to resurrect the USSR. As far as the KGB, he was never high-ranking and quit in 1991 as soon as Russia fell. All of the comments put out there by John McCain were outright lies. I have the security briefing he read and said the opposite because he was a Neocon who just wanted endless wars.

So you can believe all the BS. They need you to do that to wage war and offer your life on their altar of political agendas. If you think you will be an armchair general and watch this war on CNN, sorry. It will come to a neighborhood near you. I just thank God I am not 18. The future these people want is total insanity. The Weimar Republic in Germany took place because it was a revolution against the imperial government that always waged war. We face the same fate when the people realize this has been a mountain of lies for a political agenda. When Zelensky came to power, he promised peace. He was then instructed by the West that was not acceptable. The West promoted the civil war in Ukraine.

It is the hardliners putting pressure on Putin because he has been “too soft” on Ukraine. Replace Putin and we will get World War III. Zelensky better pack his high-heels in an emergency exit bag.

Zelensky Still Pushing to Start World War III


Armstrong Economics Blog/Ukraine Re-Posted Oct 16, 2022 by Martin Armstrong

Ukraine is doomed unless it removes Zelensky from power. I have warned that this guy whose only qualification is to dance in high heels, is a threat to the entire world. The West has cheered him and has been using the Ukrainian people as cannon fodder for their war to conquer Russia is endangering everyone, everywhere. His latest plea is for the West to send troops to guard the border with Belarus. Vladimir Makei, Belarusian Minister of Foreign Affairs, has responded that deploying a mission of representatives of Western countries on the Ukrainian-Belarusian border would be equivalent to “these third countries directly engaging in the Ukrainian conflict.” Indeed, Zelensky knows what he is asking for and has already said many times that World War III has already begun.

Zelensky has his hundred of millions stashed offshore. The Ukrainian people better wake up. Their country will be left in total ruin and the flow of billions will come to an end. War ALWAYS costs more lives of civilians than soldiers. That is true of every war from World War I to Vietnam. This is a proxy war by Neocons who just hate Russia and push for its extinction. I have been warned that their designs will fail. They think they can conquer the world like Napoleon waging war neatly one at a time. That will fail. China will NOT stand by and allow Russia to be defeated for they know they will be next. This is total insanity, and there seems to be no leader anywhere who dares to even suggest peace. China has also told its citizen to leave Ukraine now. The window is closing and if the Ukrainian people think this high-heel dancing head of state will stand there with the last man, they are dreaming. He will have his private jet waiting to take him to his blood money.

To those Ukrainians living in Germany and thinking there will be something to return to, you better think again. Beware of November.

Crimea


Armstrong Economics Blog/Ukraine Re-Posted Oct 16, 2022 by Martin Armstrong

Canadians Beware


Armstrong Economics Blog/Canada Re-Posted Oct 14, 2022 by Martin Armstrong

QUESTION: Martin

If we are going to have a war is my money safe in my Canadian banks, or should I have some cash?

Regards

ANSWER: Canadians should keep some US dollars in cash. Trudeau canceled high-value notes. As of January 2021, he obtained the power to cancel Canadian currency as they do in Europe. Once that power was exercised, he would do it again. He is entirely on board with Klaus Schwab and this agenda of the World Economic Forum is intentionally pushing for war with Russia.

As I have said, Putin had ZERO intention of conquering Ukraine. This has been a propaganda war. The first thing you do is take down the power grid. I think if war is to come, Putin can wipe out Europe very easily – take down the power grid. With digital currencies and electric cars, this will only leave society extremely vulnerable as never before. So you want cash, for banks can be shut down by targeting the power grids.

ICC Trying to Justify Charging Putin


Armstrong Economics Blog/Rule of Law Re-Posted Oct 14, 2022 by Martin Armstrong

Sources at the ICC have revealed a shocking account that all the lawyers there are trying to just talk trash to justify charging Putin with war crimes. First of all, they have no jurisdiction over ANY head of state. In addition, Neither the United States nor Russia signed the agreement that would allow any of their citizens to be charged in that court.

Worst still, these absolute morons are GUARANTEEING World War III cannot possibly be avoided. When you start accusing your adversary like this, you have guaranteed there will now NEVER be any peace negotiations. So just get ready. Our computer, unfortunately, has never been wrong. I have tried my best to speak out against this war and all the propaganda that fills the air. We just have to resolve that those in power want war as a diversion from the meltdown in government bonds. They think this war would be conventional and so what if a billion people die – there are too many of us anyway from their perspective.

Some say we deserve it for voting in people like Biden, Trudeau, and all the other incompetent world leaders. Maybe they are right. Even Macron of France called Biden’s Armageddon Speech insane. The ICC has lost all credibility as they try to pretend to be tuff.

STEVE BANNON: WE ARE NEARING A FINANCIAL CRISIS – THIS IS WHAT IT MEANS FOR THE AMERICAN PEOPLE


The Charlie Kirk Show Published Originally on Rumble on October 12, 2022

Charlie and Steve are both good to listen too

New Interview: The Plot to Seize Russia


Armstrong Economics Blog/Armstrong in the Media Re-Posted Oct 14, 2022 by Martin Armstrong

Watch the video above or click here to listen to my latest interview.

Commentary from Rico Potkaars:

"Historian and Economist Martin Armstrong, as a computer programmer created the system called socrates that analyses history, current affairs and the flow of money and extrapolates to what may lie ahead. It gave him the nickname ‘the Forecaster’ and a documentary that to this day is forbidden in the USA.

Armstrong through FOIA retreived information from the Clinton Library about what happened after the Soviet Union fell. He’s written that down in a book called ‘the Plot to Seize Russia.

In this interview we discuss his upcoming book, the current state of collapsing global finance and the inescapable war on Russia as a result of that.."

Liz Truss’ Approval Plummets


Armstrong Economics Blog/Politics Re-Posted Oct 12, 2022 by Martin Armstrong

Truss inherited a beaten-down United Kingdom. The Bank of England declared that a recession was inevitable, sterling continues to fall, pension funds are evaporating, and the death of the queen caused an overall feeling of pessimism. Recent polls show that Truss is actually less popular than her predecessor Boris Johnson, even when Johnson was under fire for partying amid COVID lockdowns. Liz Truss currently has an approval rating of -47.

Theresa May had a score of around -46 before she resigned. Based on an Opinium poll of around 2,000 people, 53% would like Truss to resign. Even around 25% of Tory voters want her out of office only a month into the job. Even voters divided over the Brexit ruling disapprove of her with 61% of Leave voters noting disapproval, as well as 61% in the Remain camp.

“I am prepared to be unpopular,” Truss said shortly after taking office. Her proposed tax cuts for the wealthy and removal of caps on bankers’ bonuses caused the average citizen to feel as if she did not represent them. The International Monetary Fund said her plans would “increase inequality,” only adding to her criticism. She is under pressure to increase welfare payments and social programs.

Truss simply inherited a massive problem. Her government is also blamed for the rising mortgage crisis. The Bank of England is set to meet again on November 3, but many believe they may reveal their policy beforehand. They want to avoid the downturn that occurred after the mini-budget was released at the end of September. In the end – it is politics. Truss needs to appeal to the people before the Conservatives find a replacement scapegoat.