Europe’s COVID Lost Decade


Armstrong Economics Blog/European Union Re-Posted Apr 2, 2021 by Martin Armstrong

Europe faces a Covid Lost Decade economically inspired by Kalus Schwab and his World Economic Forum. As purely academics who never walk among the great unwashed, their view of the peons below is one of just looking upon the masses as a herd of sheep. They have no comprehension of the social and cultural upheaval they have unleashed upon the world. They have inspired the growing inequality since those who provide the physical labor cannot work remotely. The claim that they want to create a Marxist world with inequality eradicated is folly. All they are actually doing is accelerating the inequality, and they are clueless about how to help people find new employment in their “Green” new world order.

Those in power are deepening economic deprivation and one must ask, “Are they really this stupid? Or perhaps they are just diabolical and this is part of their idea of depopulating the world?” They have never understood Adam Smith and the invisible hand that states to create an economy it comes from the people — not above. Marx tried that and millions starved because bureaucrats knew nothing about farming — what to plant, how, or when. Fascists at least allowed the ownership of industry to be retained by the people. They simply overruled policies and regulated. Hence, Fascists did not wipe out millions of their own people because of incompetent bureaucrats, as was the case with communism.

Major changes to the way society functions have unfolded in the wake of this convenient pandemic and the deliberate destruction of the economy to end tourism and travel to reduce CO2. This is such a drastic departure in economic theory, and they fail to grasp that they are following the path of Marx, which will not end well for human society. They are incapable of understanding how the economy works. Instead, they are trying to make it conform to their vision by sheer force.

Socialist Revolution On Target


Armstrong Economics Blog/Economics Re-Posted Apr 1, 2021 by Martin Armstrong

COMMENT:

When I hear Bill Gates state on video, that if other countries had “followed the procedures of Vietnam, New Zealand, and Australia, there would have been lesser deaths…”

it is obvious to me that what he really was saying is ‘if other countries had followed the POLITICAL MOVES of Vietnam, New Zealand, and Australia’ bla bla bla, etc, and bla.

With the information available on alt and social media it is also obvious to me, that those countries have gone full on Nazi/Stazi/Police state based upon zero actual medical reasons.

It doesn’t take any imagination to then hypothesize and extrapolate that the WHO, WEF, UN, Gates and other uber-wealthy people are the designers and movers of this takeover worldwide. Additionally the huge global corporations (with interlinking BODs) are going along with the scheme and doing what some conservative governments will not/cannot do.

This was all planned in advance, it’s got very little to do with an actual virus, but primarily for propaganda sake. The scheme covers politics, social conditioning, financial re-engineering, setting up an unaccountable soviet style polit bureau of world governance, CCP level technical population control, and adoption of a fully operational socialist/fascist systems.
– The mask will become the shot.
– Food shortages will become the normal, and hunger will begat compliance.
– Sporadic violence will be the catalyst for a general police state and then gun/2A removal.
– Political unrest and social chaos will seize any governments that attempt to object, and likely will usher in UN troops to oversee the chaos.

If a few years ago I would have imagined a successful worldwide scam to take control of the world would happen in 2020 – I may have called myself a little bit nuts or a great fiction writer!

But now…?

What really scares me is to extrapolate any further on the effects of what seems to planned, and even more, the success thus far.

Very big thank you for all you do and your writings!

G

REPLY: Never in my life have I ever witnessed such a political coup to take over the world and impose their vision of a socialistic, green environment. The last time something like this occurred on an international contagion basis was the Revolution of 1848. Our models forecast that we would see global civil unrest in 2020, and this was 172 years on schedule (2 x 8.6 – 17.2). The previous target was 1934, which was the Socialist revolution where FDR even confiscated gold in January 1934. However, the 1848 event was more of a contagion.

I have said many times that humans cannot forecast what they have never seen. I personally am shocked at the magnitude of this movement. Just watching the Democratic Convention makes me see that conducting business in the future will become impossible unless you are doing something they approve of.

People do not grasp the dangerous road we are heading down. Socialists cannot tolerate dissent nor will they tolerate opposition. Socialism requires TOTALITARIANISM to take hold. Just look at anyone who posts anything against this movement, from health to facts about the Obama Administration illegally trying to create Russia Gate. Facebook and YouTube immediately take them down. They are idiots, for they think they are helping their Democratic cause, but they will soon discover that Socialists will not tolerate free speech, and they too will end up suppressed. They are fools, for they have NEVER picked up a history book — ever!

The Socialist Revolutionary movement began in Italy with a local revolution in Sicily in January 1848. The movement caught on as a natural contagion spreading to France by February.  This revolution became a contagion rather than organized by a single group as we have today. The movement extended throughout the whole of Europe, with the exception of Russia, Spain, and the Scandinavian countries. In France, by June 26, 1848, the revolution resulted in more than 10,000 people were either killed, which included 1,500 troops. It was successful in creating the Second Republic.

The Socialist Revolution of 1848 took hold and spread worldwide, as we are witnessing again today under the pretense of this coronavirus. The 1848 Socialist Revolution engulfed the following countries, among many others, which even included Canada:

Italian states
France
German states
Denmark
Schleswig
Habsburg Monarchy
Hungary
Galicia
Sweden
Switzerland
Greater Poland
Romanian Principalities
Belgium
Ireland
Spain
South America

There was rising tension in the United States, but this was offset by the California Gold Rush after the discovery in 1848. Many people just picked up and left. Nevertheless, there was also a political polarization, with Democrats and reformers in favor of socialism. However, they were deeply concerned about the violence involved in Europe. The opposition came from conservative elements, especially Whigs, southern slaveholders, orthodox Calvinists, and Catholics. The most interesting aspect was that thousands of Germans fled the Socialists in Europe and migrated to the United States, later becoming Republicans, which also helped suppress the Socialists.

The 1848 Socialist Revolution sent people fleeing Europe to the United States for safety. Today, a takeover by the Socialists in the United States will lead to yet another migration between states, but there is no new land for people to flee. It is more likely to result in nations splitting and civil wars.

Day 3, Derek Chauvin Trial Continues – Livestream Links, Open Discussion Thread


Posted originally on the conservative tree house March 31, 2021 | Sundance | 213 Comments


Interestingly, the alphabet narrative engineers are focused on this trial as they were with George Zimmerman.  Former Minneapolis police officer Derek Chauvin is charged in the May 25, 2020, death of George Floyd. 

Chauvin has been charged with second-degree murder, third-degree murder and manslaughter in the death of Floyd, a 46-year-old Black man, who died in custody.

Forensic evidence showed that George Floyd died from a “cardiopulmonary arrest complicating law enforcement subdual, restraint, and neck compression.” Other significant conditions were listed as “arteriosclerotic and hypertensive heart disease; fentanyl intoxication; recent methamphetamine use.” (link)

A memorandum filed by the Hennepin County Attorney’s office on June 1 indicated that chief medical examiner Dr. Andrew Baker, who listed Floyd’s death as a homicide, thought the amount of fentanyl in Floyd’s blood was “pretty high” and could be “a fatal level of fentanyl under normal circumstances.” “[Dr. Baker] said that if Mr. Floyd had been found dead in his home (or anywhere else) and there were no other contributing factors he would conclude that it was an overdose death,” the memo said.

Livestream Links Below for open discussion of this ongoing case.

Yesterday, Donald Williams II, a combative bystander who repeatedly yelled for Chauvin to remove his knee from Floyd’s neck, took the stand and said he “called the police on the police” after witnessing the fatal arrest.  Darnella Frazier, the teen who filmed the viral footage of Floyd’s death, also took the stand and described seeing Floyd “suffering” in his final moments.  The propaganda machine is working diligently to frame a racist narrative.

NBC News Livestream – CBS News Livestream – ABC News Livestream

The Best form of Government


Armstrong Blog/Gov’t Incompetence Re-Post ed Mar 31, 2021 by Martin Armstrong

One person wrote, “Have you ever realized that you are the first true psychohistorian ever, as in Asimov’s Foundation?” Many others are writing in and asking if I could elaborate on my recent statement, “So just start planning now for the next real Great Reset which will be the overthrow of the republic.”

I must confess, I never read Asimov’s Foundation. From reading the cliff notes, I gather it was based upon the fall of Rome. Psychohistory seems to describe an amalgam of psychology, history, and related social sciences and the humanities all combined. Quite honestly, history repeats as I have said many times because the passions of man never change. A mother still cries for her son who dies in battle today as she did in ancient times. To me, in order to understand history you must connect the dots, and to do so that requires an understanding of the thinking process of the time WITHOUT imposing your interpretation based upon what is now.

I have given the example of the city of Philadelphia they named because in Greek it meant “brotherly love,” so the Quakers interpreted that in a Christian sense that yes, I love my brother. The true interpretation at that time in ancient Greece meant incest. They called Ptolemy II Pheladelphos because he married his sister. Context is everything, just as it was wrong to interpret the ancient Egyptians as Pagans or the Greeks saying they worshiped many gods, which was not true. The Egyptians believed in one god they called Rha being the sun, because it gave life. The others represented an individual sin or trait but were never seen as gods of creators.

The Sistine Chapel has as its centerpiece Michelangelo’s “God Creating Adam.” All of our representations of God are symbolic. Nobody actually knows the face of God. The Greeks also never saw their many gods as creators. They were really seen as Titans who were mischievous to put it politely. When you died, you were judged, but not by Zeus, but by the three fates. So many ancient statues are beheaded because the ignorant early Christians thought every statue was a God.

Psychohistory examines the “why” of history, which in my mind involved the intention and actual behavior of why people and governments act the way they do. Effectively, what I have discovered is that when confronted with a similar set of events, those in power will always respond in the same manner.

Republics are the worst form of government because they always collapse into oligarchies. Even a dictatorship is better, for they are not prone to such corruption. Republics allow people to be elected, but there is no way to prevent them from doing things that are against the very people who elected them. When the bribes are too tempting, they simply can be bought, and that is always their fate. Unfortunately, the Founding Fathers believed Cicero which was the fake news of the day because he was an Optimate and part of the oligarchy. Hence, he distorted the account of Caesar for when he crossed the Rubicon. In reality, the Senate fled, and the people cheered Caesar as their savior from a debt crisis. (see: Anatomy of a Debt Crisis).

The only form of government that deserves a try in the face of the Democrats insisting on mail-in ballots is a direct democracy. The people must vote on every bill proposed, and there can be no adding of nonsense that has nothing to do with the bill. The Social Security Act was 16 pages. Obamacare was at least 33,000 pages. Nobody reads that type of legislation, and they make it that long to hide bombshells.

The Political Theater of Absurdity


Armstrong Economics Blog/Corruption Re-Posted Mar 30, 2021 by Martin Armstrong

Do we have to wonder just how long will the press allow this complete farse to continue? Journalists have no sense of honor, for what they are allowing to take is devastating their own families’ future. Truthfully, if my children were a journalist selling this BS, I would disown them. The CDC has even reduced the social distancing from 6 ft to 3 ft. Then Fauci has come out and said that you can hug other family members if you are vaccinated. So here we have politicians, who Yellen has become, wearing masks when their own savior of the world, Dr. Antony Fauci, has said it is not necessary when people are vaccinated and they no longer need 6ft of social distancing.

This is all a propaganda agenda because what is coming is nothing but job losses and higher taxes, which will not be just the “rich.” Reliable sources are talking about putting a tax per mile driven as part of the Infrastructure Bill. They will say they need that to pay the $1 trillion cost, but in truth, this is what the real intent of lockdowns was — end commuting. There is no reason for Biden and Yellen to be sitting there with masks. This is all theater counting on the stupidity of the majority of Americans to believe whatever the government tells them.

Stanley Milgram, an American social psychologist, did research that peeled back the surface of humanity, which he called “Obedience to Authority.” In one of his famous studies, an assistant stepped out onto a busy street in New York City and stared upward into the sky. At first, people just walked around him and did not bother to look up. However, when four more researchers were added, forming a small collective group now staring into the sky at nothing, people suddenly stopped and joined in to see what was happening up there (Milgram, Bickman, and Berkowitz 1969). If there is an accident, cars will slow down to take a look. The whole line of traffic slows to a crawl, and yet, when you arrive at that spot, instinctively you will look to see what is going on. We call it rubbernecking.

The government knows what it is doing to impose the Great Reset without people noticing the agenda.

Who Raises Taxes During a Pandemic Already Creating Economic Turmoil? JoeBama, That’s Who


Posted originally on the conservative tree house March 30, 2021 | Sundance | 243 Comments

Think about the logical insanity of this position for a moment….  According to the Biden administration the economy is in trouble, people are struggling, and congress needs to spend trillions to bail out state, local and federal governments along with sending income subsidies to all Americans as the economic crisis around COVID continues.

Due to policies on energy, regulation and the COVID virus, simultaneously food prices are going higher, fuel prices are up 30 percent, overall energy prices are rising, transportation costs increasing and the inflationary impact on the middle-class is eating up their limited paychecks.

AT THIS EXACT MOMENT the same administration is now proposing a tax increase.

THINK ABOUT THE LACK OF LOGIC HERE.

(VIA AXIOS) […] The biggest-ticket item would raise the corporate rate from 21% to 28%. That’s worth $730 billion over 10 years, according to the Tax Policy Center.  The other three would:

  • Impose a global minimum tax on profits from foreign subsidiaries: $550 billion.
  • Tax capital gains as regular income for the wealthy and tax unrealized capital gains at death: $370 billion.
  • Return the top individual rate for those making more than $400,000 to the pre-Trump rate of 39.6%: $110 billion.

[..]  Democrats close to the White House don’t expect Biden to fight as hard for other expected proposals, including one that could raise some $740 billion by imposing new Social Security taxes on the wealthy.

  • His campaign plan to impose a 28% minimum rate on the wealthy, which would raise $220 billion, is unlikely to cross the finish line.
  • And making it harder for small businesses to claim deductions, which would bring in $140 billion, will likely encounter serious roadblocks.
  • Changing the ways estates are taxed, which would raise $220 billion, may not make it into the final legislation. (read more)

Terrorism Charges Dismissed by Judge Against Three Men Accused of Plotting to Kidnap Michigan Governor Gretchen Whitmer


Posted Originally on the conservative tree house March 29, 2021 | Sundance | 95 Comments

Jackson County District Judge Michael Klaeren (Michigan 12th District) has removed charges of terrorism against three men accused in a plot to kidnap governor Gretchen Whitmer.  According to the Detroit News, judge Klaeren said: ” “There has to be some form of intent here to incite mayhem”, and no evidence in that regard has been presented.  The terrorism charges fail for lack of evidence.

MICHIGAN – […] The charges were dismissed against Paul Bellar of Milford and Joseph Morrison and Pete Musico of Munith. They are among seven men accused of having ties to the militia group Wolverine Watchmen who are charged in the alleged plot. The others include Shawn Fix of Belleville, Eric Molitor of Cadillac, Michael Null of Plainwell and William Null of Shelbyville. The men had faced a total of 19 felony charges for firearms and terror-related acts.

After onboarding new members through mediums such as Facebook, the group’s conversations took place in encrypted chats. The limited nature of those chats is why the threat charge was dismissed, Klaeren said.

[…] The three will stand trial on the three remaining charges, Klaeren said. Each are charged with gang membership and providing material support for terrorism, both punishable by up to 20 years in prison, as well as felony firearm, punishable by up to two years in prison.

The gang membership charge and the felony firearms charge were dependent on the material support for terrorism charge, Klaeren said. (read more)

Day One – The Trial of Police Officer Derek Chauvin Begins – Open Discussion Thread


Posted originally on the conservative tree house March 29, 2021 | Sundance | 208 Comments

The trial of Derek Chauvin, the former Minneapolis police officer accused of killing George Floyd, began today with opening arguments. Officer Chauvin has been charged with second-degree murder, third-degree murder and manslaughter in the death of Floyd, a 46-year-old Black man, who died in police custody in Minneapolis, Minnesota.

Forensic evidence showed that George Floyd died from a “cardiopulmonary arrest complicating law enforcement subdual, restraint, and neck compression.” Other significant conditions were listed as “arteriosclerotic and hypertensive heart disease; fentanyl intoxication; recent methamphetamine use.” (link)

A memorandum filed by the Hennepin County Attorney’s office on June 1 indicated that chief medical examiner Dr. Andrew Baker, who listed Floyd’s death as a homicide, thought the amount of fentanyl in Floyd’s blood was “pretty high” and could be “a fatal level of fentanyl under normal circumstances.” “[Dr. Baker] said that if Mr. Floyd had been found dead in his home (or anywhere else) and there were no other contributing factors he would conclude that it was an overdose death,” the memo said.

Opening statements began this morning.  The trial in in recess until 12:15pm ET / 11:15am CT  [Livestream Links Below]

Fox News Livestream – Global News Livestream – Alternate Livestream Link

Australia Committing Economic Suicide – Turning Hard Left


Armstrong Economics Blog/Regulation Re-Posted Mar 29, 2021 by Martin Armstrong

The Greens in Australia want to tax Billionaires 6% Wealth Tax annually (in addition to INCOME) as a property tax on everything this own from art right down to the watch they wear. They claim it will raise $11.2 billion over its first two years, it will cost the Australian Tax Office an extra $110 million to implement the policy and enforce compliance. But it does not stop there. It would apply to Australians who hold more than $1 billion in assets, no matter where they live, and non-residents who hold Australian assets worth more than $1 billion. Therefore, you can see how stupid these people are for they assume those they target would just remain in Australia and that foreign investment would certainly abandon Australia. This is on top of income taxes, and property taxes that already are in place.

I quit managing money domestically in the United States back in 1985. They came in for an audit and government employees MUST find something wrong because their view is nobody is perfect. They said they were going to write me up for improper record keeping. I asked what was wrong. They said my tabs on files were PINK and they were supposed to be RED. I am not one to cower from the government. I demanded their names and told them I would be filing a lawsuit against them personally. They dropped the nonsense and left. I then informed all my American clients that I would no longer manage money inside the United States. I returned all the funds and moved offshore. That incident transformed me into one of the first Hedge Fund Managers. Stupid regulation has an impact and the idiots behind it are too stupid to understand the consequences.

The political left never gets it. If they raised income taxes back to 90% again, I would just quit. Out of principle, I would simply refuse to work as an economic slave. They never read Atlas Shrugged. They think robbing others because they have more than they have is perfectly fine. So if they are walking down the street and someone sticks a gun in their face and says give me everything or your life, they too are justified because whatever they have is still more than the person with the gun.

I find it very interesting that these left-wing policies are actually forbidden by the Ten Commandments for they are built upon avarice and envy. The Seven Deadly Sins are Pride, Anger, Greed, Gluttony, Lust, Envy, and Sloth. What is interesting is the fact that what is in the Ten Commandments can be found in just about every religion since the dawn of time. This appears to be a human problem and they always justify it by saying it is not fair that someone else has something they do not. But then again, then do not want to work for it – Sloth.

Boulder Colorado Shooter Identified as Ahmad al-Aliwi Alissa, Motive Remains “Undetermined”


Posted originally on the conservative tree house March 23, 2021 | Sundance | 641 Comments

Boulder, Colorado, law enforcement have named the suspect in the King Sooper’s grocery store shooting yesterday. The shooter is 21-year-old Ahmad al-Aliwi Alissa.

WASHINGTON POST – Ten people killed at a Colorado grocery store, including a Boulder police officer, have been identified, as has the 21-year-old rifle-wielding shooter.

Law enforcement officials said the suspect, Ahmad Al Aliwi Alissa, was shot in the leg as he carried out the attack with a rifle, and was in the hospital on Tuesday morning, prior to being booked into jail and charged with 10 counts of murder in the first degree. They offered no details on a suspected motive. (link)

And just like that the media will drop the story, because the shooter is not a white male and subsequently his race and ethnicity does not align with the preferred narrative for gun control suspects.