Re-Posted Mar 16, 2021 from Martin Armstrong Blog/WEF
The entire world of economics has been abandoned without actually admitting it has failed. Even the International Monetary Fund (IMF) is throwing in the towel without actually admitting its policies have totally failed. The IMF was the bastion of Keynesianism, supporting economic Neoliberalism. Of course, the head of the IMF is on the board of the World Economic Forum and is fully onboard with Schwab’s Great Reset. Previously, if you asked if the IMF was a Neoliberal-Keynesian it would have been like asking if the Pope if he was a Catholic.
The complete reversal of the IMF has been at the direction of the World Economic Forum who endorses really a one-world government and economic dictatorship. The old Neoliberalism ideology of free markets, free trade, and small government, are gone. This is part of Schwab’s attempt to control the Fourth Industrial Revolution, yet when we have the ONLY fully functional AI system in the world that writes over 1,000 reports on the state of the financial world, they wanted to shut it down because it also forecasts that they will fail. The current and previous head of the IMF has been a board member of Schwab’s WEF. There is no more independence. The IMF is fully occupied by Schwab.
The IMF has been pushing Schwab’s digital agenda for several years once Christine Legard got a hold of the IMF. What makes this reversal in economic policy so shocking is that the IMF even put out a piece entitled: “Neoliberalism: Oversold?” They are now questioning the entire world of free trade and are advocating more of a fascist state with control by a central authority.
There seems to be a HUGE gap in what people think about cryptocurrency. The European Central Bank (ECB) is working on a scheme to launch “digital euro central bank money” as soon as possible. Many economists praise the project as an “innovation,” as an important and indispensable step in an increasingly digitized world. But economists typically always advocate socialism without ever actually contemplating what is its final destination. The socialist press which has engulfed most of the mainstream is also obvious to what is the final destination.
The ECB has made its intentions known, as has the Federal Reserve, that in declaring a digital currency, both have stated it will be a currency accessible for everyone, robust, secure, efficient, and compliant with the new agenda. What is overlooked is this is to be a central bank currency and they have been quietly suggesting that they will even take direct depositions from non-banks. Nobody seems to really understand what that means. As usual, they simply glass over the statements. In truth, it is circumventing the banking system for they are also not about to bail out the banks in this new world because they are also contemplating the end of government debt. If the government does not borrow, then who needs the bakers?
Mainstream media also refuses to address privacy concerns. To be very clear, the path to digital currency is also one to total surveillance by a state regime that will accelerate considerably in this world where they can pick your face out of a crowd of a thousand.
Anyone who thinks a digital euro is somehow better because it is not fiat money, well it is simply fiat money on steroids. The ECB will not surrender its monopoly of euro production. However, what is being talked about behind the curtain is that a digital euro can either be “account-based” meaning you will keep it in an account held with the ECB directly, or it can be “token-based” where banks receive a “token” that can be transferred from smartphone to smartphone via an app.
The ECB says the digital euro is a “compliment” to cash and bank balances. Clearly, that is like saying the lockdown will be just three weeks when they never had any such intention. Obviously, those who pay in cash find it convenient and want to ensure their anonymity. That will become a thing of the past which is their intention. The objective is to force everyone into paying electronically, i.e., transfer balances through PayPal, Apple Pay, or debit or credit cards.
Back in May/June 1992, we put out a report on the long-term implications of what our computer was projecting. The year 1998 marked the Russian default which sparked the Long-Term Capital Management Crisis and the first time the Federal Reserve had to bail out a hedge fund. Heading into the end of this cycle in 2032, we would see the extinction of 30-year bonds and the demise of the floating exchange rate system. This time what comes after 2032 will be indeed a new world order for what appears on the horizon is the collapse of our present system which is being accelerated by Klaus Schwab and his World Economic Forum. These forecasts, along with 2016 being the first time a non-politicians would win, sounded far-fetched back then. But this is simply how economies and societies unfold. It was not some premanitio9n. It was just history repeating itself.
“Since 1985 we have been warning that the Nineties would be a period of turmoil marked by greater volatility and a major crisis in world debt. We have also stated time and again that our computer models were forecasting the extinction of 30-year bonds along with the collapse of the floating exchange rate system. While these forecasts may appear bleak, this does not necessarily signify the end of civilization. A similar crisis involving these issues along with war were also the hallmark of the final years during the 18th century. The new world order that emerged thereafter brought forth an era in democracy and capitalism not only in Europe, but also in the birth of the United States.
While many will laugh at these forecasts or attempt to simply dismiss them as too far-fetched to be considered seriously, they merely display their own weakness of a closed mind.”
Trump’s former lawyer Michael Cohen is a classic example of why someone like him will do anything to save his skin. The indictment process is a joke. The prosecutor can indict a ham sandwich. There is no defense allowed and whatever he tells the grand jury is secret. Indictments really do not mean a lot. They will typically be vague enough to ensure the defendant does not really know what the issue is. Cohen has met with the prosecutors 7 times. That is an indication that they are moving to try to indict Trump for a political agenda.
In one of the Mafia cases in New York, one of the defendants subpoenaed his own phone recordings and the prison produced the recordings of the guy who was going to testify against him. There was the same prosecutor telling the witness he needed him to testify in another case against someone else. He told the prosecutor he did not know that person. On the tape, the prosecutor told him “Don’t worry. By the time I am finished, you will know him as your brother.”
The defendant took it to I believe it was Judge Kaplan who refused to consider it and said that was in another case. This is how corrupt the legal system is. There is no justice. New York State Chief Judge Sol Wachtler was famously quoted by Tom Wolfe in The Bonfire of the Vanities that “a grand jury would ‘indict a ham sandwich,’ if that’s what you wanted.”
The bottom line is that the Democrats are working overtime to indict Trump. This is all about trying to stop him in 2024. Manhattan District Attorney Cy Vance Jr. (D) is pursuing a wide-ranging investigation into Trump’s family business and finances to desperately bring him down for political purposes. His probe is looking into several aspects of Trump’s finances and businesses focusing in particular on his Seven Springs estate in New York. Previous reports have indicated that Vance is looking to find out if the value of the property was inflated in order to reap greater benefits from financial institutions.
Vance is looking to make a big show out of Trump and can’t wait to have him arrested. That would then involve even an extradition charge with Florida who would then review his indictment to see if there is any real validity to it. So this could turn into a real shit-show and Trump better never travel to New York City.
Interestingly, Governor Cuomo was looking to divert money Vance has been pouring out of every crack to indict Trump. There are new discovery requirements in New York that will need $2 million to be provided to prosecutors statewide. Criminal discovery law reforms, which took effect on Jan. 1, require prosecutors to turn over evidence to defendants within 15 days after arraignment and limit cash bail for most non-violent offenses. This was all in response to criticisms that the state has not provided enough money to help district attorneys comply with the new requirements and they have been denying defendants the right to defend.
QUESTION: Hi Martin Thanks for all the work you do, my day always starts with reading your take on things. I was a member until recently as I am out of a Job. I Live in Toronto, where lockdowns have been the worst and longest in North America. Presently looking to relocate out of the city. I am a Contractor and it seems most of the work in the coming years will be outside the city, as everyone is selling and moving to small towns or their cottages and now want them upgraded for year-round living.
Question: Bitcoin and Crypto. It seems to me that they are using Crypto and pushing it mainstream for a reason. Is it may be a way of increasing the fiat. What I mean is every time someone Buys a Bitcoin they are purchasing with Fiat, so the $10,000.00 someone buys in incremental Bitcoin automatically doubles that Fiat, as the person selling now, has the equivalent of $10 k to purchase something using Bitcoin and the Seller now has $10 k to purchase an item with the Fiat. Could this be another way of getting money into the market without having to Create it at the Fed?
What do you Think CB
ANSWER: No I believe they are allowing it to trade for the sole purpose to mislead people into thinking cryptocurrency is somehow better than cash. Governments are planning to swap all physical money for 100% digital to end hoarding of cash and to be able to increase tax enforcement as well as to reduce the underground economy – i.e. drugs to prostitution. They always blame the people for not paying all the taxes they think they are entitled to rather than realize that no matter how much taxes they collect – it will never be enough.
By allowing Bitcoin to rally, they are creating the image that cryptocurrency is better than cash. It is psychological and the average person is easily fooled. The 911 Porsche came out in 1964 and changed little for the rest of the decade. There was less variation in the 911’s early years as well. The high-performance 911S came out in 1967, as did the famous Targa body style with its removable roof panel. I bought one in 1970 for just slightly under $10,000. By 1980, they were starting at $35,000 and over $50,000 by 1985. The Deutschemark rallied 140% during the 1970s and the German manufacturers priced their cars in marks – not dollars. So the value of the German cars kept rising in dollar terms during the 1970s all because primarily due to the currency, which also led to higher prices for commodities caused by OPEC. This created the image that German cars were better than American. I bought foreign sportscars during the 1970s and would drive them around for 2 years and would get my money back so cars never cost me a dime.
I have told the story before that I bought a 328 Ferrari in London for about £30,000 when the pound fell to $1.03 when it was a $50,000-$60,000 car in the USA. The pound had been over $2 when Ferrari priced what they would sell that car for to Brits. Since the pound fell so hard, the Italians raised the price to £45,000 or maybe £60,000. Then the pound rallied back to almost $2. I drove the car in London for about two years and then sold it used about doubling my money.
This example of the sharp rise in the price of a Ferarri created the false assumption that they were a great investment and people began buying and storing them. It was just the currency — not the car. Once you understand how the FX markets create different impressions of domestic markets, you can suddenly see the world through a whole new set of lenses.
Cryptocurrencies are going through the very same phase. They are creating the illusion that they are somehow better than cash. Even the name “cryptocurrency” is misleading for they are not a currency at all – they are merely a trading vehicle. Do not get all stary-eyed and look at them as better than cash for that is looking at a Ferrari as an investment rather than a car to drive.
I understood the rise in the value of the Ferarri was currency so I also knew when to sell. It is critical to look behind the facade to see what is the true nature of what you are dealing with. Bitcoin is no more a store of wealth than any stock because it rises and falls. Anything that fluctuates cannot be a store of wealth – it is simply an investment vehicle.
Posted originally on the conservative tree house March 13, 2021 | Sundance | 90 Comments
By now several people have reviewed a Daily Mail article based around a premise, a media hook, that Meghan Markle might be “preparing a bid to become president” and that’s why she did the Oprah Winfrey interview. If you focused on that media hook, you likely missed the lede.
Media stories often contain the fingerprints of motive, a slight truth hidden in a background of obfuscation, and you can find the leftist activity if you know what to look for. The buried lede in the story is this short segment:
[…] “One senior Labour figure – a veteran of Tony Blair’s Downing Street administration with strong links to Washington – claimed to The Mail on Sunday that Ms Markle, 39, was networking among senior Democrats“… (read more)
There it is: “networking among senior Democrats.” That’s the data point to focus on.
That’s the part of the story that tells us exactly what was going on in that Oprah interview; and it is exactly what we suspected it was HERE and HERE.
Of course she was “networking” with “senior Democrats”, specifically she was networking with Obama’s Chicago crew; and that leads to Oprah, Obama’s biggest narrative engineer.
The Markle interview was purposefully orchestrated, racism claims intentionally injected, recorded, and then timed to be released/broadcast the day before the trial against Derek Chauvin while the George Floyd protestors were activated. This is how the Obama crew operate. This is how the leftists work. None of this is accidental and that statement by the “senior Labour figure” is 100% correct…. except for the cover story to hide the motive.
“People who have watched the way the Obama team use pop culture to advance Marxist political objectives have already seen through the ruse of the Meghan Markle comments with Oprah Winfrey. It was not accidental the interview comments about racism were organized, timed and released to coincide with the George Floyd trial in Minnesota. It’s how the cultural Marxists work.
If any group of people can see through to the orchestration of this, it is you, the CTH community. We have researched the Obama use of racism as a political tool for years; that technique includes using media figures like Oprah. The Chicago fingerprints of the familiar architects are clear as day on this ridiculous story.”
“Considering the Oprah angle; and considering Oprah is one of the primary conduits, advance agents and protectors of all things related to President Obama; it would not be surprising to discover that Obama’s team of Chicago provocateurs are in the close-background of the Markle network. Useful division based on advancement of racist accusations is a classic Maoist approach to achieve modern Marxist outcomes.”
Well, there you have it. Today we discover that prior to the interview: “Ms Markle, 39, was networking among senior Democrats.“
Posted originally on the conservative tree house March 13, 2021 | Sundance | 139 Comments
On Friday December 4, 2020, a 20-year-old campaign worker for Senator Kelly Loeffler named Harrison Deal was killed in a fiery three car crash on Interstate 16. On Thursday night March 11th, during an explosive interview carried on BEK TV with Doug Billings, Attorney Sidney Powell alleges the crash was not an accident.
When responding to questions about why Bill Barr let us down and did not pursue legal cases/investigations about election fraud Ms. Powell responded: “frankly I think it is something much darker than that”, and then comes the bombshell:
“I do have knowledge of other people being threatened and horribly intimidated by threats and extortion, and even the murder of Kelly Loeffler’s young staffer in Georgia. That was no car accident he was vaporized by whatever the explosion was. Some people who know more about it than I do tell me it had to have been thermite to have triggered such a fireball such as happened in that car.”
WATCH:
This is a stunning allegation from Ms. Powell who goes on to outline some of the current standing issues with the investigations into the election. From the overall interview it appears Sidney Powell is optimistic about ballot fraud eventually being exposed in the 2020 election. A remarkable interview.
We know communists and fascists began infiltrating our nation in the early twentieth century. We know they declared that our culture must be eradicated and our faith in God broken for a totalitarian socialist state to rise out of the ashes of a free republic. Who opened the door to this contagion and left it wide open? Who caused the plague to spread to a point where it has now infected the whole of our society and our culture, now unrecognizable to anyone over 50 years of age?
The United States Supreme Court.
Engel v. Vitale – 1962
Our Constitution was God inspired to men of faith and like Scripture itself was supposed to be timeless, not a living document that changes with the times. God does not change. People don’t change, only societies that give license to people to become corrupt, depraved, and engage in their baser instincts.
In three fateful decisions, the Supreme Court turned the entire nation from a God-fearing, faith-based society into a proverbial secular free for all. A perfect host for a communist/fascist takeover.
Supreme Court Justices, judges and politicians like for us to think that interpreting the Constitution is a task only for the greatly learned in our society. Not true. Almost any question can be answered by the founders of our country who wrote letters to each other in prolific amounts. These letters speak plainly of the original intent of the Declaration of Independence, and the Constitution, especially the Bill of Rights. Justices are supposed to decide what the law says, not what it should be. These founders still speak if we are willing to listen.
In Engel v. Vitale – 1962, affirmed in 1992…the decision that ended prayer and Bible reading in schools. This was a complete misinterpretation of the 1st Amendment concerning the establishment of religion. The Amendment was intended to prevent the government from establishing a state religion, like the Church of England. It was never presumed to curtail Christian prayer in public.
While President of the United States, Thomas Jefferson was elected the first president of the Washington, D.C. public school board, which used the Bible as a reading text in the classroom. And Jefferson was considered a liberal.
Public prayer was a constant exercise during our early government. John Quincy Adams said, “The highest glory of the American Revolution was this: it connected in one indissoluble bond the principles of civil government with the principles of Christianity.” That says much. Christianity was the predominate religion in America and remains so. And for that reason, everyone, regardless of religion or no religion at all is welcome at the table. It was never meant to spread secularism or to preclude Christianity in public life.
Rowe v. Wade – 1973
In Rowe v. Wade – 1973. Much has been written concerning this abomination of a court decision. What it simply did was reduce the child in a mother’s womb to a thing, a choice, a ‘medical condition.’ The preamble to our Constitution states:
We the people of the United States, in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity, do ordain and establish this Constitution for the United States of America.
The justices in their infinite ignorance simply removed the word posterity. That is not interpretation. It is altering.
The majority Justices did not or would not understand the founders’ understanding of the ‘right to life’ as expressed by the jurist William Blackstone of 18th century common law. The very thought of a woman exercising a superior right over the lessor right of a daughter or a son would have been hateful. Reduce the worth of a child and you diminish the worth of all human beings.
Obergefell v. Hodges – 2015
In Obergefell v. Hodges – 2015, the Supreme Court decided in favor of same-sex marriage, a further assault on our dignity as a Judeo-Christian nation. It was the elevation of the union between two people of the same sex to the rite of marriage, a sacrament of the Christian Church, a holy union. In other words, devaluing the state of matrimony the church considers holy by couples Scripture considers unrepentant. For millennia it was inseparably linked to procreation, the family, a union in which the state has a societal interest in.
There was no legal ban on homosexual relationships or even legal unions, but it has now come to a point where acceptance is no longer requested, but approval that is now demanded. Chief Justice Roberts said in his dissent, “…the deepest problem with their decision was “the disrespect it shows the democratic process.” Roberts thought it should have been decided by the people. Justice Alito, in his dissent said, “This decision will be used to vilify Americans who are unwilling to assent to the new orthodoxy.” And so it has. Businesses being sued and made bankrupt for not baking a cake. We now have homosexual education being taught to four-year-old children and books being read to children by transsexuals.
Ours is a society turned upside down, a redefining of institutions and behavior previously accepted for thousands of years, as if we are gods, knowing good and evil. The Church is in a coma, concerned with pew count, not Biblical substance. We invent new genders, sexualize children, call violent criminals, nothing more than ‘victims of a systemically racist culture’ and, pedophiles? We normalize them, calling them ‘minor attracted persons’. It is becoming a society where no truth can be depended on. No rock to lean on.
True freedom requires responsibility and morality
True freedom requires responsibility and morality. John Adams said,
“The Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.”
Maybe that is the reason we are losing our freedoms as we speak. It was not a giant leap to find respect for law and order diminishing. If the Left would have their way, for traditional Americans to be accepted into their world we would have to deny the existence of God and His law. And with the departure of God goes our natural rights, law and order, as defined in our Constitution. May it never be.
And so, who are these people that have caused what we have feared for so long to now become a blunt reality pounding on our doors? Who has given credence and legitimacy to everything slinking out of Pandora’s box? Who has paved the road to perdition? It is us. We have allowed it.
Posted originally on the conservative tree house March 12, 2021 | Sundance | 163 Comments
The Minneapolis City Council has agreed to give the family of George Floyd $27 million in the largest settlement in the city’s history. The massive civil settlement comes on the heels of congress passing a massive city and state bailout bill under the auspices of COVID. [Statement from Ben Crump HERE]
It is not a stretch to see a situation where Minneapolis is paying out this $27 million settlement because they now have an influx of federal cash to support or replace it.
MINNEAPOLIS (AP) — The city of Minneapolis on Friday agreed to pay $27 million to settle a civil lawsuit from George Floyd’s family over the Black man’s death in police custody, even as jury selection continued in a former officer’s murder trial.
The Minneapolis City Council emerged from closed session to announce the record settlement, which includes $500,000 for the neighborhood where Floyd was arrested. Floyd family attorney Ben Crump called a news conference for 1 p.m. that was to include family members.
Crump, in a prepared statement, said it was the largest pretrial civil rights settlement ever, and “sends a powerful message that Black lives do matter and police brutality against people of color must end.” (read more)
Posted originally on the conservative tree house March 12, 2021 | Sundance | 198 Comments
Half of New York’s democrats are now asking Governor Andrew Cuomo to resign following six women stepping forward with details of sexual harassment. However, the New York governor, who is also guilty of killing thousands of elderly residents with his COVID nursing home rules, is defiant in his media statements today.
ALBANY, N.Y. — (AP) — As the Democratic Party turned sharply against New York Gov. Andrew Cuomo and he faces growing allegations of sexual harassment, he insisted Friday he wouldn’t resign and castigated politicians calling for him to quit as “reckless and dangerous” and engaging in “cancel culture.”
“I did not do what has been alleged. Period,” he said, again calling on the public to let ongoing investigations into his conduct to play out. “Wait for the facts.” “Politicians who don’t know a single fact but yet form a conclusion and an opinion are, in my opinion, reckless and dangerous,” he added.
With a sprawling coalition of congressional leaders joining dozens of state lawmakers in calling for the embattled governor to step down, the Democrat hit back. “You need to know the facts before you make a decision,” he said. “People know the difference between playing politics, bowing to cancel culture and the truth.”
Cuomo’s growing list of detractors now covers virtually every region in the state and the political power centers of New York City and Washington. His allies insist he will not resign, but as allegations of sexual harassment grow, his political isolation has reached unprecedented levels. (read more)
Posted originally on the conservative tree house March 11, 2021 | Sundance | 155 Comments
Hennepin County Judge Peter Cahill reinstated third-degree murder charges against Minneapolis police officer Derek Chauvin on the third day of jury selection. The trial now includes a set of charges against Chauvin more favorable to the prosecution who may not be able to prove second-degree murder and/or possibly second-degree manslaughter.
Meanwhile the political activists are using the opportunity of the trial to take control over a portion of the city where even the police will no longer patrol. The leftists have created an autonomous zone, a no-go zone, near the site of the George Floyd memorial.
MINNESOTA – […] Judge Peter Cahill on Thursday granted prosecutors’ motion to reinstate the third-degree murder charge, which would require a lower standard of proof than second-degree. In order to convict Chauvin of second-degree murder, prosecutors would need to prove beyond a reasonable doubt that Chauvin caused Floyd’s death while committing or attempting to commit a related felony, in this case third-degree assault.
To win a conviction on third-degree murder, prosecutors would need to prove that Chauvin caused Floyd’s death in an act that is “eminently dangerous” to others. The additional count adds another option for jurors to consider as they weigh charges against Chauvin, which legal experts say is a benefit for prosecutors. (more)
Just like the cases of Trayvon Martin, Mike Brown, Freddie Grey, Eric Garner, Breonna Taylor and many more, the background political activists are attempting to manipulate public opinion to achieve their goals. This has been the Marxist roadmap and racial division strategy for the past decade. “Never Let A Crisis Go To Waste”
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