Ginsburg is infected with the very thing she claims Trump has only she has it wrong she is the one that is “full of her self ” as we used to say while Trump has a more realistic view of his abilities. That may seem like an odd statement to make given the narrative being promoted but its the difference between confidence and arrogance. How can you dell the difference well look at Trumps crowds, the “real” people can tell!
Tag Archives: TTIP
German Fear of Inflation is Causing Collapse of Europe
Armstrong Economics Blog
Re-Posted Jul 12, 2016 by Martin Armstrong
Germany’s obsession with anti-inflation policies inspired by the Hyperinflation of the 1920s is so misguided that it is not threatening to collapse all of Europe. Former ECB banker Lorenzo Bini Smaghi has now even called to rescue the Italian banks with European taxpayers’ money. He is correct in warning that the insistence of Germany on the prohibition of state funding bailouts could evolve into a threat to the entire European financial system. The ECB is desperately trying to support the euro, but a strong currency only promotes deflation – not recovery.
The German hypeinflation was the result of a collapse in confidence because of the 1918 Communist revolution in Germany. Nobody would lend the government money after they invited the Russian communists to take over Germany. This had NOTHING to do with printing money. That was the result of the collapse in confidence, not the original cause.
This misguided interpretation of the German hyperinflation is causing the exact same response. People are hoarding cash, not investment, and banks are collapsing. Deutsche Bank says it need 150 billion euros. This is a full blown sovereign debt crisis that will tear Europe apart. Negative interest rates are accelerating the process.
Giuliani says Comey Disgraceful
Armstrong Economics Blog
Re-Posted Jul 12, 2016 by Martin Armstrong
Most of the people I have spoken to in the legal community are shocked that Comey did not indict Hillary. Comey clearly manipulated statutes by pretending that intent was required and claiming he could not prove intent, even though that is regularly enough to hand any jury to demand a conviction. The rest of us are treated far differently. In a fraud case, they put on lifestyle issues to prove intent. They show how much you spent and then play on the jury’s perception of the rich to say, “See! You must have had intent to support your lifestyle.” That is all they need to do to show intent to a jury.
Rudy Giuliani, the famous prosecutor who took down Michael Milkin and John Gotti and later became NYC mayor, came out and said “it’s mind boggling” what Comey did while appearing on Fox Business Network’s “Mornings with Maria.” Giuliani when further saying that Comey manipulated statutes covering the handling of national security information. “The director of the FBI made a really wrong decision, completely incorrect, and gave people a completely wrong impression of how you prove intent. And then ignored the two statutes that don’t require intent and gave no explanation of why there would be no indictment on those statutes.”
Not only would no other government employee be treated in such a manner, but certainly no private citizen. We have 65 million Americans who have been charged with something, which is about 25% of the entire adult population. They have been treated ruthlessly with no such mercy for the smallest offense. There was an ex-Vietnam vet, who had a prior charge, who wore an empty shell on a necklace with the chain drilled through the casing to remind him of Vietnam. They prosecuted him and gave him five years in prison for a felony possession of ammunition, claiming he could repair the shell and then reload it. Where was such intent there?
This is all part of the collapse in government. The rule of law no longer means anything. The judges are more likely to be corrupt and rule only for the government. The hope of getting a fair trial is gone. The game is simply over and Comey has just proved that to the entire world. When the rule of law collapses, the viability of government comes to an end. Between police murdering people with no just cause to Hillary betraying the country to line her pockets through the pretend foundation that the Clintons started when they were broke, nothing decent remains to leave our children. This is simply going from bad to worse.
ANONYMOUS
What ever the source this is excellent advise!
George Bush Bails Out President Obama On Same Day Bernie Sanders Bails Out Hillary Clinton…
They call each other names in campaigns but in the end they are all the same — out for themselves and could care less about the people.
Banking Panic in Italy
Armstrong Economics Blog
Re-Posted Jul 11, 2016 by Martin Armstrong
We have reports from readers in Italy that ATM machines are being emptied. A run on banks is beginning in Italy.
Judge Jeanine: Dallas was about anarchy, not racism
Published on Jul 10, 2016
Reaction to the president’s remarks after the assassination of five police officers
Civil Unrest Explodes in Berlin Over 3500 People Riot Against Police
Armstrong Economics Blog
Re-Posted Jul 11, 2016 by Martin Armstrong
Civil Unrest is exploding. The biggest and most violent protest in Germany erupted in Berlin over the weekend exactly with our models calling for an explosion in civil unrest. Some 1800 police were called in and at least 120 policemen were injured in what is becoming a street battle. This has been the most aggressive and violent protest in Germany for the past five years. Protesters were throwing bottles, cobblestones and fireworks, as well as they destroyed cars in addition to attacking police officers. It appears at least 3,500 rioters took part in the uprising and possibly more than 4,000.
The protest is against police operations and involved mostly young people who have risen up against the police operations in the Riga street area. Protesters wore black hoods carrying banners with slogans like “Riga defend 94” and “Housing solidarity against state terror.” The demonstration went on with the crowd chanting repeatedly: “Bullenschweine get out of Riga!” Demonstrators were throwing firecrackers and police fired back with tear gas. The police also called in air support using helicopters and they had to call in for reinforcements from Bavaria, Brandenburg, Lower Saxony, Saxony, Saxony-Anhalt, Thuringia and the Federal Police. Interior Senator Frank Henkel (CDU) announced that the police will also be present at night after the demonstration. So riots and arson attacks should be stopped.
The Political End is Very Near & the Markets Know It
Armstrong Economics Blog
Re-Posted Jul 11, 2016 by Martin Armstrong
QUESTION: Mr Armstrong; I am witnessing everything you have warned was coming right down to the stock market rise with gold and the dollar. Nobody has put such a possibility even forward. The goldbug only talk about how the stock market must crash with the dollar so buy gold. Eben with gold rising they are still wrong. I take it your computer plots out relationships as well. So what next?
ANSWER: No relationship remain constant. Absolutely everything remains constantly in a state of eternal flux. What is unfolding is following our capital flow analysis to the T. We are witnessing the demise of the EU no matter how much they scream and become draconian in an effort to retain power. We are also in a generational shift where the under 45 are far more independent and are not voting simply with no mind because they are democrat, labour, conservative of republican. The establishment do not want to face this, but the political end is very near. As this happens, capital takes flight. Some will buy gold, others stocks, while still others run into the dollar since the US government is still holding together for now.
The Euro on the Brink of Disaster
Armstrong Economics Blog
Re-Posted Jul 11, 2016 by Martin Armstrong
We are looking at the collapse of Europe unfold much faster than anyone suspected. I have been warning that the Continental EU banks are in serious trouble. The negative interest rates have devastated Europe. While trying to stimulate borrowers who are not interested without an opportunity to make money, the ECB has wiped out savers, pensions, and sent cash into hiding contracting the European economy – not stimulating it. I have also warned that it is the EURO which is in serious trouble and that BREXIT was the only way to save Britain from being dragged down under as the Euro sinks.
The Italian banks are collapsing and the crisis is now risking bringing down the Italian government. If they do not bailout the banks, the people will be in revolution. If they bailout the banks, they can only print Euros. The is starting to illustrate what I have been warning about. The EURO is in effect like a gold standard. When crisis hit, everyone had to suspend the gold standard for World Wars I and II and then upon the fall of Bretton Woods. The currencies were tied to gold which they could not increase its supply. This is the same crisis now with the EURO. Despite the EURO is really just electronic/paper, its quantity is still fixed by the EU membership. No single member state can just increase its supply unilaterally. That would be like trying to maintain a gold standard and one nation revalued its gold to three times that of what everyone else uses. That becomes impossible. The Silver Democrats nearly caused the bankruptcy of the USA for overvaluing silver relative to the world in the 19th century.
This is why the euro CANNOT SURVIVE. You have sovereign states with their own crisis and that demand measures separate and distinct from other members. This is how the euro system will break. It is extremely urgent that you understand the crisis ahead. This is what will send capital fleeing into the dollar. True, some will buy gold. That is generally retail investors. Pension funds and institutional investors will buy US government bonds, dollars and park them at the Fed, or jump in with both feet into the US stock market.
By the time this mess comes unraveled, we will see the world completely change. We are probably looking at a major world monetary reform come as early as 2018. The speed with which this is unfolding is rather incredible
Centinel2012 