Posted originally on Oct 1, 2024 By Martin Armstrong
QUESTION: Mr. Armstrong, can you give me an update on Iran? Your target for war was October. Here it is, October first, no less. Do you still see the war extending into 2027?
ANSWER: For the next two weeks, this should intensify. This will escalate into 2027, and I do not see a diplomatic solution as possible. This is all just coming to a head. Iran is moving into its peak due in 2027. The reorganization appears to be coming by mid-2031.
The computer projected October in both Iran and Israel, so beware that volatility will rise in December/January when the halfway mark of this Iran ECM cycle is reached heading into 2027. The first quarter of 2025 does not look very good globally. We will address this at the WEC. There will be streaming. Over 40 countries have already signed up, which exceeds our normal 37 countries for the WEC.
The real question is whether Iran has yielded to the Arab world. Or has Iran gotten approval from Russia because Europe wants World War III? Even the Latvian President Edgars Rinkēvičs has called for a harder line on Russia and keeps up the nonsense that Russia is afraid of NATO and will not attack in the traditional sense.
Posted originally on the CTH on October 1, 2024 | Sundance
ran has fired over 200 missiles into Israel in a retaliatory attack after Israeli strikes against Hezbollah and Hamas, including assassinations of top commanders. The ballistic missiles are reported to have been launched from inside Iran.
U.S. and Israeli Iron Dome counter measures were deployed along with a dozen interceptors fired from U.S. warships located in the Mediterranean. However, multiple strikes were reported within Israel. The war against Hamas has escalated significantly.
Israel has vowed to hit back against the direct attack from Iran. In a video statement, Israel Defense Forces Spokesperson Rear Adm. Daniel Hagari said the “attack will have consequences.” He added: “We have plans. We will act at the time and place of our choosing.”
(Via Politico) – Iran launched a ballistic missile attack targeting Israel on Tuesday as tensions between the two long-time foes ratchet up in the Middle East.
The Israel Defense Forces said on Telegram that “missiles were launched from Iran towards the State of Israel” and ordered Israeli civilians to obey air raid sirens and shelter in place. “The IDF is doing and will do everything necessary to protect the civilians of the State of Israel,” the statement said.
[…] Iran fired nearly 200 missiles at Israel, according to national security adviser Jake Sullivan at a Tuesday White House briefing after the attacks. It was not clear if any of them successfully hit their targets and there were not immediate reports of Israeli casualties.
Iran’s strike was in part thwarted by two American guided missile destroyers in the Mediterranean, which fired a dozen interceptors to knock down Iranian missiles Pentagon spokesperson Maj. Gen. Patrick Ryder told reporters on Tuesday. As far as where the ballistic missiles came from, Ryder said the military is still studying the attack and its fallout, but the early assessment was that all of the missiles were fired from inside Iran. (read more)
Posted originally on Sep 25, 2024 By Martin Armstrong
COMMENT: Mr. Armstrong, I have listened to your geopolitical analysis for the past couple of years. You have recently said that Putin instructed Iran to “sit on its hands.” Nobody else has ever said provided that account. Here, the Telegraph has reported that Hezbollah urged Iran to attack Israel, but it refused because the “timing isn’t right”, two Israeli officials have said. People have told me that your sources are superior to everyone. I was told that even Margaret Thatch asked you if you had information on some underground project Russia was constructing when even MI6 could not find out. Others said they put you in contempt of court because you knew too much.
I appreciate your honesty in a world that is shrouded in darkness.
FD
ANSWER: Look, when the West lied to Putin with the Minsk Agreement, they played him for a fool. They have lost all credibility now, and I do not know if it is ever possible to have a negotiated settlement. Putin told Iran to sit on its hands and NOT take the bait as he did in Ukraine. The time will come, but do it on their terms, not those of the Neocons.
I have stated that Turkey will be the nation to destabilize NATO after numerous conflicts within the bloc. Turkey then became the first member nation of NATO to join the BRICS alliance with Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. Turkish President Tayyip Erdogan would now like to form an alliance with other Arab nations to counteract Israel.
Erdogan and Fattah al-Sisi met for the first time in 12 years last week to discuss Israel’s growing power in the Middle East. Former foes are banning together against a common opponent. Syria and Turkey have had difficulties with diplomacy ever since the 2011 Syrian civil war, but Erdogan said he’s speak to al-Assad “any time.”
Israeli Foreign Minister Israel Katz has accused Erdogan of supporting Hamas. “Erdogan continues to throw the Turkish people into the fire of hatred and violence for his friends from Hamas. Today, he calls on the Islamic countries to form an alliance against the State of Israel. This is incitement,” the minister posted on X. “Israel defends its borders and its citizens against the murderers of Hamas and the Shiite axis of evil led by Iran. Erdogan and the Muslim Brotherhood have been working together with Iran for years to stamp out the moderate Arab regimes in the Middle East,” he continued. “It is better for Erdogan to shut up and be ashamed.”
An alliance against Israel is an alliance against the West as all Western nations and NATO have pledged unwavering support for Israel, their last stronghold in the Middle East. So not only is Turkey unsettling NATO by supporting Russia, but now he is attempting to form a bloc that is in direct opposition of Israel.
Erdogan’s dream was to resurrect the Ottoman Empire, which ended when it was defeated and dissolved in 1908—1922. Now, with the economic conditions being deplorable, Erdogan has found an external enemy that can be used to build Turkey’s power in the Middle East. The nation already boasts the largest army in the region and has been carefully forming alliances against the West on two war fronts.
Posted originally on Sep 5, 2024 By Martin Armstrong
The Bank of Canada voted to cut rates by 25 bps to 4.25%, marking the third consecutive rate cut. Inflation has allegedly slowed to 2.5% as of July, and Governor Tiff Macklem said that was reason enough to drop rates to attract investment.
“If inflation continues to ease broadly in line with our July forecast, it is reasonable to expect further cuts in our policy rate,” Governor Tiff Macklem said in a prepared opening statement. Canada’s GDP grew at a faster rate than anticipated during Q2 after growing 2.1% vs the 1.8% forecast. Unemployment remains high at around 6.4%.
The bank acknowledges that these cuts will not impact the housing market. “With the share of CPI components growing above 3% now around its historical norm, there is little evidence of broad-based price pressures. But shelter price inflation is still too high. It remains the biggest contributor to overall inflation, despite some early signs of easing.”
Will these rate cuts cause any major changes in Canada’s economy? Absolutely not. In 2016 under the Liberal government, the total private debt of the Canadian public exceeded the total national GDP for the first time in history after reaching 100.7%. Canada’s national debt spiked to $1.501 billion USD in March of 2024, a $1.423.3 billion USD increase from March 2023. Gross debt was 117.2% of GDP in 2021, above pre-pandemic levels at 105.6^ in 2019. Half of Canada’s debt comes from the federal government while the other half is from provinces and local governments who have been given the green light to continue spending.
Canada is deeply indebted and now ranks the third-highest nation in terms of household debt in the world. I reported in July how household debt exceeded 100% of GDP with no signs of slowing under the Trudeau Administration that recklessly spends with no end in sight. Switzerland and Australia are the only nations exceeding Canada’s debt levels. Government debt has SOARED in recent years, now exceeding C$1,139.98. This figure was only C$721.36 billion in 2020 before Trudeau used the pandemic as an excuse to bulk up social programs.
The population of Canada has exploded to the highest level in history thanks to open border policies. Canada, like all the other Build Back Better nations, has the funds to support every foreign interest and war while placing their citizens last. Rate cuts can do absolutely nothing when the government is borrowing against future generations.
Posted originally on Aug 27, 2024 By Martin Armstrong
Does the West actually care about women? The United Kingdom wants to arrest anyone speaking poorly of Islamic views infiltrating their society, and they plan to arrest anyone expressing a misogynistic view. The Democrat select for the 2024 Presidential Election believes abortion is the pinnacle of women’s rights and liberation, offering free abortions at campaign rallies. No one can define women. They are not provided maternal leave, crimes against women are on the rise, and there is a pink luxury tax on the products they buy. The only message the left releases is that women can only be free if provided the right to abort babies, and everything else is overlooked. The women of Afghanistan probably had a glimmer of hope when America was keeping the Taliban in check. But Biden and Harris abandoned troops and allies in Afghanistan, and now, the very people who believe they defeated the United States have implemented some of the harshest laws against women to date.
These are the women Biden and Harris left behind in Afghanistan after the disastrous withdrawal. The Taliban recently held a parade to celebrate the anniversary of their defeat of America, complete with an arsenal of weapons worth $85 billion provided by the US. Those same people are using their newfound power to remove ALL rights for women. Women are not welcome in Afghan society.
Women in Afghanistan must completely cover their entire bodies in public to avoid tempting men. The UK bans anyone from posting negatively on social media because it might tempt another. Punishing people because others may become enraged is commonplace in the current rule of law.
The 114-page document that women must abide by is horrendous. Female VOICES have been banned – they are not to speak as their voices may tempt men. Dogs have more rights than women because they are not put to death for barking. Simply speaking is now a criminal offense. Women may not leave the home without a male chaperone present. Education past the sixth grade is now forbidden. Yet, women may only see female doctors, so half the population will not have access to medical care. Unmarried women have no chance at existence. These women have been reduced to property and are prohibited from having a life outside the home.
The people marching up and down the streets to free Palestine are quiet, as are the women’s rights groups. There has been no statement issued from the White House who is actually funding this insanity as the Biden-Harris Administration recently sent the Talian $239 million in funding. Where is the MY BODY, MY CHOICE crowd? The college campuses are quiet. Political activists and politicians claim they are saving women from being oppressed, but they care not about such matters. The social justice warriors will turn a blind eye to this blatant abuse of human rights because it acknowledges that Biden and Harris failed the people of Afghanistan.
Posted originally on Aug 22, 2024 By Martin Armstrong
Turkey will be the nation to destabilize NATO. The nation has had discrepancies with the EU, US, and most nations within the bloc. “In an environment where 32 allies are together, it is unthinkable to have the same views on every issue,” defense minister Yasar Guler warned. Turkey’s continued diplomatic relations with Russia are raising concerns among NATO members who simultaneously do not want to lose their connection to the Arab world.
Erdoğan has expressed interest in joining BRICS as soon as this year. This would make Turkey the first member nation of NATO to join the alliance with Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. NATO is focused on defeating Russia, while one member is focused on aligning itself with Moscow and increasing trade. Russia remains Turkey’s largest energy supplier, with the two nations cooperating on numerous pipelines, such as the TurkStream Natural Gas Pipeline. The two also share nuclear energy power through the Akkuyu Nuclear Power Plant. Russia has been able to use these key items to bypass sanctions.
Additionally, Turkey is sympathetic to the Palestinians over Israel, which certainly goes against NATO’s goals. Turkey sees an opportunity to become the mediator of the Arab world. Erdogan even considered invading Israel to help Palestine — a move that certainly would have sent NATO into upheaval.
Turkey does not need to abide by the rules of the European Union or the United States. Turkey would be required to fight under Article V, but technically, the war has not begun as Ukraine is not a member of NATO. Turkey did not join the European Union as it did not meet the criteria laid out under the Copenhagen Criteria Agreement of 1993. Greece and Turkey both joined NATO in 1952, but the two have been sworn enemies for centuries. Both nations claimed Cyprus and have disputes over the Aegean Sea. Other EU members like France and Germany have been outspoken about their distrust of the Turkish government and the prospect of having a Muslim nation join their liberal cabal. Turkey may be a NATO member, but it is akin to the black sheep of the bloc.
Turkey has the second-largest standing army of all member states. It has a strategic position in the Black Sea that is of the utmost importance to NATO. NATO is focused on mobilizing troops and financial aid against Russia in an ongoing proxy war. Then there’s Turkey who is hoping to align with Russia and join BRICS. Erdoğan has grand dreams for Turkey reminiscent of the glory of the Ottoman Empire. His nation was shunned from alliances with other Western nations and kept at arm’s length. Now, Turkey is flipping the script and seeking to side with the perceived enemy. How will NATO respond if Turkey is invited to join BRICS? China and Russia would be wise to permit Turkey to join as it will absolutely destabilize the NATO alliance.
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