Tag Archives: socialism

Jun 16 2023

Blinken to Visit China – What Could Go Wrong?


Armstrong Economics Blog/War Re-Posted Jun 16, 2023 by Martin Armstrong

US Secretary of State Antony Blinken is set to visit Beijing this weekend. Blinken was originally scheduled to visit China in February, but it was delayed after Chinese spy balloons entered US airspace. Sending Blinken to China is like sending a thief to rob the headquarters of the National Rifle Association. Blinken has repeatedly offended China and gushed over the prospects of war. China does not want war, they repeatedly requested for the US to stay out of its affairs.

The meeting is already off to a bad start here. Chinese Foreign Minister Qin Gang called Blinken on Tuesday to remind him to “show respect” before he arrives. CNN already reported that Blinken plans to discuss Taiwan and will “advocate strongly” for military communications. These do not align with the main goals of the meeting which is intended to discuss global macroeconomic stability, global security matters, and establishing proper communication channels. China’s military is not going to form an open line of communication with the US military. China does not advocate the war in Ukraine and has repeatedly tried to remain neutral.

“I hope that the U.S. side will take practical actions to implement the important consensus of the meeting between the two heads of state in Bali, move in the same direction as the Chinese side, effectively manage differences, promote exchanges and cooperation, and promote the stabilization of China-US relations,” Qin said, according to the South China Morning Post. This will not happen. If the US wanted to stabilize relations with China, they would send anyone other than Blinken.

The US is fanning the flames of war and is the aggressor in this situation. They continue to antagonize China, hoping that Beijing will make a move either with Russia or Taiwan so that they can jump on the opportunity for war. The neocons are not concerned about our economy, the lives of the people, or maintaining relations with America’s top trading partner. Expect the headlines early next week to read “Relations Between China and the US Further Deteroriate.”

Jun 16 2023

Biden: Your Children Belong to the Government


Armstrong Economics Blog/Politics Re-Posted Jun 16, 2023 by Martin Armstrong

President Joe Biden admitted the truth – the government is claiming your children as their own.

Speaking on his favorite topic, the LGBTQ community, Biden addressed the nation in a disturbing video posted on Twitter that states:

“To the LGBTQI+ Community – the Biden-Harris Administration has your back. These are our kids. These are our neighbors. Not somebody else’s kids; they’re all our kids. And our children are the kite strings that hold our national ambitions aloft. It matters a great deal how we treat everyone in this country. LGBTQ Americans, especially children, you are loved, you are heard, and this administration has your back.”

Hillary Clinton has a famous line that says it takes a village to raise children, and everyone cheered, thinking she meant having a strong community. Now, the Democrats are taking it further than any leader would go other than perhaps Kim Jung-Un. Well, I am not sure that he would even permit childhood castration. The American public schools want to indoctrinate your children from an early age. This is why they are refusing to listen to the parents who are pleading with teachers not to teach their kindergarteners about pronouns and sex. The government under Biden is passing laws permitting children to make life-altering decisions without their parents’ consent. In fact, they are working to punish parents who do not cave to the woke agenda. The government is taking away parental rights entirely.

“They are not your kids,” Gov. Ron DeSantis tweeted in reply. “You are the government. They are NOT your kids,” Elon Musk tweeted in a message that now has over 416K likes. This should concern everyone. Biden’s message was specifically targeting troubled youth. Feel misunderstood by your parents after years of education indoctrination? Turn to the government to be your family.

Sorry, but Biden failed to raise his own kids. STAY AWAY FROM OUR KIDS.

Jun 16 2023

Tucker Carlson Outlines the New American Dictatorship


Posted originally on the CTH on June 16, 2023 | Sundance 

Comrades, dissident voice Tucker Carlson continues broadcasting his rebellious monologues on Twitter.  For his latest episode 4, Carlson notes the new American dictatorship. {Direct Rumble Link} – WATCH:

https://rumble.com/embed/v2rvcz8/?pub=as0d9

Dear Leader does not appreciate the unauthorized broadcasts from dissident citizens.

Jun 16 2023

So What Comes Between Now & 2032?


Armstrong Economics Blog/ECM Re- Posted Jun 15, 2023 by Martin Armstrong

QUESTION: Dear Sir,
With regard to your recent blog post – [ https://www.armstrongeconomics.com/international-news/politics/word-of-warning-they-cant-put-trump-in-prison-but-they-can-you-for-protesting/ ]…
… you included the ECM chart depicting the decline and fall of the United States.
You have an encyclopedic understanding of the cyclical rise and fall of empires.
Seeing as how the USA presently constitutes a veritable empire in most respects, are you able to comment on the synergy between an empire and its satellite constituents – ie, do the ECMs for the Five Eyes nations synchronize with the United States, or do they diverge?
Regards
PK

The Five Eyes (FVEY) is an intelligence alliance comprising Australia, Canada, New Zealand, the United Kingdom, and the United States demonstrates one thing – the rest of the West is not included. Yet 2032 is more than just the culmination of the current 51.6-year wave of the Economic Confidence Model. It is the subsequent set of 309.6 years waves from the peak in the Roman Empire which all historians draw the line in history as the reign of Marcus Aurelius (161-180AD). That was when Marcus sent an ambassador to the Emperor of China.

If you read Marcus Aurelius’s Meditations, you are left with the feeling that there is nothing new. History repeats because human nature itself has never changed and people will always act in their own self-interest no matter what century. All we have ever witnessed through time in the memorial is fake news steeped in opinion rather than fact.

Our model on NYC also showed that it turned decisively down from 2022. NYC will only get worse now going into 2026. The fascinating aspect is that 2022 was a key turning point on so many issues around the world. Trump’s arrest is just throwing the Rule of Law into the garbage bin because the Neocons are scared to death that if he ever regained power, he would strip them of all power.

Even when we look at Russia v Ukraine, that too shifted in 2022. The war is likely to escalate globally by April 2024. The Neocons are desperate and intend to create war involving US troops before the 2024 election. They are counting on the fact that no president has ever lost during time of war. They need their puppet Biden in office and no other.

We see that the last turning point was November 23, 2022. That is when China’s sales of US Treasuries made a new historic low taking out the low of 2010. This will continue to decline as they clearly expect war with the United States going into 2027. By February 2023, the warmonger Neocon Secretary of State Blinken warned China there will be consequences if they aid Russia in the war in Ukraine.

The Neocons have ZERO concern for the US economy or its people. We are secondary to their objectives if we even rank in second place or anywhere in their minds. They could care less about the budget and will print money recklessly to achieve their end goal which is to dominate the world no different than they have claimed China and Russia seek to do. Fools who think inflation will subside make the assumption that we have a normal viable economy. We are living in a midst of a coup that has seized full control of the United States and they have whipped Congress into a war frenzy that is against the people and our own interests.

All their plans and Schwab’s WEF to create this authoritarian world where democracy does not exist on any level as Schwab has always made clear, they want to end our right to even vote. When we elected Trump, democracy suddenly became “populism” which was evil because it was targeted at them and their endless wars with endless corruption.

Populism was then the #1 crisis because they could lose power. They had to stop Trump and now they are actually seeking to imprison him for life where he will no doubt commit suicide like Jeffrey Epstein.

This is the culmination of the Sixth Wave also on the 309.6 Year Cycle. This is the complete collapse of our current form of Republican Government. They know they are losing power. They can kill Trump, but they cannot extinguish human nature. More and more people are awakening. Schwab’s idea of ushering in his version of the Great Reset which I believe he has taken from our 2032 forecast, is his desperate attempt to move to the next stage from Socialism to Authoritarianism. Communism collapsed because it was against human nature. So will this entire scheme to strip us of all our rights and in the end, we will restore our freedom and rid ourselves of these types of people.

If someone like Lindsey Grahm robbed a 711 and took pleasure in killing customers, you would call him a vicious psychopath. What is the difference to take pleasure in killing anyone?

Jun 14 2023

Putin Pleas for Peace


Armstrong Economics Blog/War Re-Posted Jun 14, 2023 by Martin Armstrong

The vilification of Putin has been extremely successful, so much so that no one is listening to his words. The Russian leader recently spoke of conflict resolution. That is not something a warmonger hellbent on conquering nations would discuss. And yet, Putin seems to be the only world leader discussing the potential of resolving the conflict in Ukraine without escalation.

“We sincerely tried to reach an agreement [with Ukraine]. It was difficult to negotiate some kind of patchwork of southeastern Ukraine with the rest of the country, but we tried in good faith,” Putin told military correspondents according to Sputnik news. He also reiterated that their intent regarding Ukraine has not changed. He is not attempting to resurrect the USSR or threaten other nations. Putin only wants the historically Russian territories in Ukraine. Why are we starting a world war over this wish that does not involve other nations?

“What is happening there [in Ukraine] now will certainly never suit us, historically speaking. When the negotiations were held, including in Istanbul, we constantly raised this issue, and they in turn told us: ‘But there is nothing neo-Nazi about us, what do you want from us?’ [Russia wants] at least some relative legislative restrictions. In general, we also agreed on this during the round of negotiations before our troops were withdrawn from Kiev and after they threw all our agreements out of the window,” Putin said. Every attempt at conflict resolution was denied by the neocons. The very agreement that could have prevented Russia from entering Ukraine in the first place was based on a lie.

“We wanted and we still want to have the best relations with all our neighbors after the collapse of the Soviet Union. And we do so, we have come to terms with… Well, that’s what’s happened. We have to live with it,” Putin plainly stated.

It is amazing how the media portrays him as a crazed man intent on destroying the world. I discuss the propaganda techniques used at length in my new book, “The Plot to Seize Russia.” Listen to his words because is intentions are clear. He has no desire to feud with the West. ” If they really want today’s conflict to end through negotiations, they only need to make one decision – to stop the supply of weapons and equipment. That’s it,” Putin declared. The problem is that they do not want to resolve the conflict by any means other than war. Russia clearly does not want war and has been asking the world to listen to their pleas for peace.

Jun 13 2023

Social Conservatism on the Rise in the US


Armstrong Economic Blog/Politics Re-Posted Jun 13, 2023 by Martin Armstrong

Gallup’s annual Values and Beliefs survey indicates that social conservatism has reached a 10-year high. The intense woke narrative that defies all logic has caused the pendulum to swing in the other direction. Around 38% of all respondents said they are “very conservative” on social issues compared to 33% in 2022 and 30% in 2021. Those identifying as very socially liberal have declined in the past two years to 29%, while moderates represent 31%. The woke agenda has permitted the media, politicians, and classrooms over this time, and Americans are not in agreement.

Republicans are leaning more to the right, with 74% now identifying as very socially conservative compared to 60% in 2021. Independents presented a slight increase year-on-year from 24% to 29%. Younger adults are more likely to identify as socially conservative on issues now compared to prior years, with a six percentage point uptick among the 18 to 29-year-old group over the past two years.

Americans are also more likely to favor economically conservative policies, with 44% saying they are conservative or very conservative and 33% saying their views are moderate. Those identifying as conservative economically averaged 40% from 2020 to 2022, but that figure is now 46%, the highest since 2012. Notably, the poll was distributed during the debt ceiling debate.

While Democrats are still less likely to lean fiscally conservative, there is a shift away from far-left ideologies that have become just absurd. Socially conservative a few years ago did not include pronouns, hundreds of genders, trans children, or sex education in elementary schools. It is refreshing that the masses are not blindly caving to this woke agenda of a genderless society where everyone in the wealthiest nation in the world identifies as a victim.

Jun 12 2023

The True Story of Hyperinflation


Amstrong Economics Blog/Cryptocurrency Re-Posted Jun 12, 2023 by Martin Armstrong

QUESTION: Dear Mr. Armstrong,
could you please explain what happens in technical terms from a capital flow perspective, when confidence is lost and hyperinflation starts to begin?
For example Turkey. When Erdogan was elected i think you wrote that ever since the lira started dropping. So confidence in politics is key. Do you think one day we will see hyperinflation in Turkey?
And another example, is Yugoslavia: what caused the hyperinflation (in technical terms/capital flow perspective)? Are foreign investors getting rid of the dinars? Too many dinars than suddenly rushed back into Yugoslavia causing hyperinflation?
Regards,
Magdalena Š.

ANSWER: The misnomer about hyperinflation is that it is caused by printing money. It is a RESPONSE to the collapse in the confidence of the government.  If we look at the 3rd century, this is where we find the greatest number of hoards of ancient coins. What began this was the capture of Valerian I by the Persians in 260AD.

Valerian was the first Roman Emperor to be captured and Rome was unable to recuse him. That shook the confidence of the Roman people, but it also was a signal to the barbarian tribes in the North that if the Persians could do it, they could as well. Within 10 years, Emperor Aurelian constructed the great wall around Rome. Never before did Romans have such a defensive wall. That had a powerful army.

There was a trend toward debasing the silver coinage which began with Nero to try to fund the rebuilding of Rome after the Great Fire. But that did not undermine the confidence in the Roman Monetary System any more than our perpetual deficit spending since World War II.

However, a spark is ignited and suddenly that trend turns into what I have called a Waterfall event in the purchasing power of the currency. Such an event has taken various forms. However, the end result is the collapse in the confidence of the government and as a result, that is when you get that waterfall event.

In the case of Germany, Yugoslavia, Hungary, etc, there was a 1918 Revolution where communists seized power and the emperor of Germany lost power. In that case, they actually asked Russia to take Germany after their revolution in 1917. This was the beginning of the Weimar Republic.

Germany was saddled with reparation payments demanded by France. First, you had a communist revolution and people with capital began to flee to other places in Europe or certainly move their money out of German banks. It was this drain of wealth that forced the Weimar Republic to print money to try to make their reparation payments. Then in December 1922, they seized 10% of everyone’s assets and handed them a bond.

Here you can see that after that December 1922 confiscation, hyperinflation simply took over. It was NOT the printing of money that caused the hyperinflation it was the collapse of confidence FIRST which then compels the government to expand the money supply lacking taxation revenues etc.

I suspect the spark this time may be the Digital Currency and the proposed cancellation of paper currency. This is why people are moving to anything tangible from real estate, gold, silver, ancient coins, and even equities. With DIGITAL CURRENCY they will have capital controls and prevent you from even moving money outside of your country.

The precise day of the ECM was the announcement of the IMF Digital Currency which they intend to replace the US dollar as the reserve currency. This may be timed with the turning point in 2024. It is unlikely that they would cancel paper currencies before the 2024 election. This is all being

Jun 12 2023

Biden Vetos Plan to Scrap Student Debt Redistribution


Armstrong Economics Blog/Politics Re-Posted Jun 12, 2023 by Martin Armstrong

Canceling student loan debt was a lofty promise Biden made during his presidential bid. Three years later, he has made no progress. This was one of those single-issue items that caused many to vote for Biden, and he can’t risk reducing his dwindling support. “I’m not going to back down on my efforts to help tens of millions of working- and middle-class families,” Biden said. “That’s why I’m going to veto this bill.”

Per usual, Dem policies that claim to help the middle class only cause more financial pain. What about the working-class families who chose not to attend college due to costs? What about the families who worked hard to pay off their loans? Universities can continue charging massive fees with no end in sight and his administration has done nothing to curtail the costs of college. So there is no plan to fix the real issue that has caused so many Americans to be saddled with student debt that is nondischargeable in bankruptcy due to the repeal of Glass-Steagall by the Clintons. As a reminder, the debt will not vanish in thin air. Taxpayers will be responsible for this burden.

Instead of “relief,” we should call it what it really is intended to be – payment redistribution. The Senate had agreed to undo the damage in a 52-46 vote before Biden shot it down. Even some Democrats disagree with Biden’s plan to pass on the debt to taxpayers. Senator Joe Manchin said the “reckless” plan “forces hard-working taxpayers who already paid off their loans or did not go to college to shoulder the cost.” Democratic Senator Jon Tester and Independent Senator Krysten Sinema agree.

Extremists like Elizabeth Warren said that it’s “shameful” that Republicans want to “claw back relief from public servants.” They are undermining our intelligence. The hated rich use tax loopholes to avoid payments. The burden will fall on the middle and working class, which is entirely unconstitutional. “ The executive branch cannot spend money that has not been appropriated by Congress,” 31 USC 1301 et seq (Antideficiency Act (P.L. 97-258)) and Article I, Section 7, Clause 7 of the U.S. Constitution.