The World in Chaos


Armstrong Economics Blog/Opinion Re-Posted Jul 10, 2022 by Martin Armstrong

QUESTION: Mr. Armstrong, it has become so apparent that sites like _____ always promote gold so they refuse ever to quote you for they are doing the very same thing of creating a cancel culture. It is their commentary or nothing else. I have stopped reading them. Then you said that your computer showed this was a year of worldwide political chaos. The events in Sri Lanka and the collapse of the British government seem to be only a tease for the midterm elections.

On top of all of this, Socrates targeted Ukraine as the hot spot and that was in 2013. I attended your 2017 Euro conference in Frankfurt. Here is a photo if you don’t have one. I admit I was skeptical of your forecast back then. You were correct when nobody else saw this collapse coming.  It seems as plain as the nose on our faces that there are some fools desperate to try to prevent people from listening to the forecasts of Socrates. That means only one thing. They are trying to manipulate the world in their own direction. If they refuse to ever quote you on gold and others are constantly trying to bash you for whatever they can twist, this means that Socrates has been right and they have been wrong.

Our politicians here in Europe are only preaching war. I concur that this appears to be a cover-up for the financial crisis they have created. Looking at Sri Lanka and how the people rose up in the face of hyperinflation because of their default on the debt, is a warning I think. Is this the same dark future for Europe since they destroyed the bond market here?  Can you shed any light on our future?

Respectfully, from Frankfurt

HM

ANSWER: The negative interest rates since 2014 has destroyed the European sovereign debt market. The REPO Crisis of 2019 was US banks refusing to lend to European. I can confirm that the top banks in NYC will no longer accept any EU sovereign debt as collateral. So Europe is there now as Sri Lanka but the ECB still has some confidence at this moment. But that does not look to be sustainable. We are probably looking at the final collapse by 2027.

A lot of people from Germany are buying land in Uruguay and Paraguay. It appears while people are flocking across the border here in the US with free money as long as they vote Democrat, but the US will probably reinstitute the draft and these newly created Democrats may find themselves dying on the battlefields of Europe. Then there is a silent exodus unfolding behind the headlines for the places that seem to be out of the way of this political chaos/war is South America and Africa.

Yes, our computer had targeted 2022 and a Panic Cycle in global politics. We are cursed with politicians who are only concerned with their own power and not the people or their countries. They are pushing for war as a distraction from the financial crisis they have created borrowing year after year with no intention of ever paying anything back. We have seen the impact of this policy in Sri Lanka, Pakistan, and Lebanon. It will get far worse for this economic system is collapsing.

This is a game of distraction. All they are doing is trying to create issue after issue to distract us from their economic decline. They have listened to Schwab and his WEF because he is preaching authoritarianism which will keep them in power, end democracy, and control society with an iron fist because this system is collapsing.

What they are counting on is that war with Russia will be contained conventionally and that they BELIEVE they can in fact wipe Russia from the fact of the earth as the head of the UK Army has been instructing British troops. A friend here in Florida had their son enlist and now he has been told to prepare for war in Europe. These people want war. They see this as their escape plan to prevent the financial collapse where we storm their palaces and start swimming in their pools.

They are trapped. This is their plan to retain power. Schwab has even told you that upfront – end of democracy. They are on a course to totalitarianism. They have destroyed the world economy already with their sanctions. Yet their fatal mistake will be that they will be defeated in war and it will NOT remain conventional.

They are playing Russian Roulette, but there is more than one bullet in the chamber.

Never Forget


Armstrong Economics Blog/Politics Re-Posted Jul 10, 2022 by Martin Armstrong

There is WAY More to the Story of Destroyed Georgia Guidestones…


Bright Insight  originally posted on rumble on July 9, 2022

There is WAYYY more to this story. Why was it cleaned up so fast. Where’s the full forensic investigation? WHO originally financed these stones? And WHAT is in the time-capsule??
The destroyed Georgia Guidestones and the explosion that damaged them is the smallest part of the story…

Protest Crowd Storms Presidential Palace in Sri Lanka as Fuel and Food Shortages Create Desperation, Prime Minister Resigns, President Tries to Hang on


Posted originally on the conservative tree house on July 9, 2022 | Sundance

It was not long ago when we noted the absence of food will change things.   While Dutch farmers are fighting the government and trying to keep producing food, in Sri Lanka the shortages of food and fuel have reached a boiling point.  Angry citizens have taken control of the presidential palace, set fire to the Prime Minister’s house, and overwhelmed government offices.

Fearing for his life, “Sri Lankan Prime Minister Ranil Wickremesinghe said he would resign after just two months in office after protesters stormed and occupied the president’s residence and office amid public anger over the country’s deepening sovereign-debt crisis.” (WSJ link)

The U.S. State Department and the ambassador to Sri Lanka, Julie Chung, are asking for protestors to remain peaceful as if their hunger is ‘transitory’.  However, videos from the country highlight the futility of platitudes amid tens of thousands of angry citizens who are desperate.  It is a hot mess that’s likely to surface in other nations quickly.

(Via WSJ) – Braving tear gas and water cannons in the capital, Colombo, protesters—many waving the national flag and wearing helmets—also entered the president’s office on Saturday, in one of the largest antigovernment demonstrations in the country this year.

Television news footage showed large crowds overrunning security barricades before breaching the official residence of President Rajapaksa. Some were later seen taking a dip in the compound’s swimming pool. Videos purportedly filmed by protesters and shared widely on social media showed scores of men rifling through drawers, sitting in chairs and lounging on a four-poster bed inside a bedroom of the residence. One man was shown doing bicep curls in a gym. (more)

The crisis had been building for weeks as the protesting crowds had continued to get larger.

As noted by the Wall Street Journal report, “responding to calls by protest organizers to congregate in Colombo for mass demonstrations this weekend, Sri Lankans from far and wide improvised around acute fuel shortages by piling into semitrailer trucks, trains and overcrowded buses to reach the capital. Some walked miles to join the demonstrations.”

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This next video shows how large the crowd was just before they stormed the buildings.

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There is no way to stop a crowd of this size.  I’m not sure how many people are in/around that compound, but it looks like hundreds of thousands.

Neil Oliver, The Governing Class Discovers that People Owning Nothing Does Not Make Them Happy


Posted originally on the conservative tree house on July 9, 2022 | Sundance

In his weekly monologue Neil Oliver gives his perspective on the changing of the guard at #10 Downing Street.  Meet the potential new boss, same as the old boss etc.   While drawing attention to the detached and aloof viewpoints of the self-installed ‘ruling class’, Oliver riffs one of the best lines from this week:

“Two years ago, I gave scant thought to acronyms like WHO, UN, WEF.  Now I watch them with the same attention I give to dogs that look like they might bite.”…

Damned if that isn’t the truth.  WATCH:

[Transcript] – The running of this country has precious little to do with we, the people – that much becomes more obvious every day. Ever more blatantly the powers that be are treating us like the sitting tenants in a property they want to knock down so they can sell the plot for profit to their pals and assorted foreign carpet baggers.

We the people, with our individual opinions and ambitions and dreams are just in the way of their anti-human fantasy of a so-called progressive future. They got fed up waiting for us to die of old age in our armchairs, in front of three bar electric fires we can’t afford to switch on, and have set about demolishing the old place while we’re still living in it.

Love him or loathe him – and I’ve been no fan of him or of any of the leaders we find ourselves saddled with in the West – PM Boris Johnson was brought down last week not by the millions who had voted for him, as might have been appropriate given any meaningful understanding of the concept of democracy – but by a hellish coupling of media and the self-worshipping political class that appointed themselves judge, jury and executioner. Together they wanted Johnson gone, and so he was gone.

The party atmosphere after his resignation – the glee and the gloating by those journalists that had conspired and shared in the taking of his scalp was plain to see. I really don’t think it’s supposed to be that way.

In the aftermath of Johnson’s defenestration there was a suggestion from former Tory PM John Major that the process of anointing the next leader of the Conservatives should bypass party members altogether – presumably in case troublesome proles with their taste for Brexit and borders, even for Britain itself, picked the wrong person again. Far better, thought the likes of Major, if Tory MPs just exercised their superior intellects and morals and did the choosing for them.

Hoary old Tory and arch-remainer Michael Heseltine’s cage was evidently rattled by all the noise and in predictable style he was instantly crowing that the passing of Johnson should mean the end of Brexit.

Once more the proof that those regarding themselves as our intellectual superiors still regard a decision made by an undeniable majority of British people only as evidence of the stupidity of the great unwashed.

In displays of audacity and temerity that are beyond the reach of adjectives, those that plotted Johnson’s demise are falling over one another to take his place. It’s like looking through a microscope at something revolting happening in a petri dish. Former chancellor Rishi Sunak had his slick and glossy show reel ready for broadcast before his former boss had delivered his resignation speech. I wonder when he performed for that instead of doing more damage to the economy. I don’t feel like having any of their names in my mouth, I really don’t.

So I will just say that for me the thought of any that stood for lockdowns, for damaging children’s physical and mental wellbeing, that oversaw the crashing of the economy, watched uncounted lives physically and mentally destroyed, advocated mask wearing on the street and cheer led the unholy pressure to take experimental injections or lose jobs and or reputations as a consequence … that called for digital vaccine passports or anything like them … that won’t shout from the highest hill that the green agenda and Net Zero are a disaster and must be scrapped immediately … the thought of any that demanded it all, or stayed silent while it all played out, should now occupy No. 10 and contemplate more of the same in the months ahead makes me sick to my stomach.

For me the change of PM is nothing more than a change of drivers on a train. The train we’re on is going where it’s scheduled and timetabled to go, on rails already laid, and in the face of its forward momentum we the people, it would seem, count for nothing.

From behind one podium after another, western leaders and their lackeys talk more and more openly about a liberal world order – even a rules-based liberal world order. The more I hear and see about a world ordered by self-described liberals and their rules, the less I like it. I certainly don’t recall ever being invited to vote for it. Two years ago I gave scant thought to acronyms like WHO, UN, WEF. Now I watch them with the same attention I give to dogs that look like they might bite.

At some point in the past – and I missed that point too, whenever it was, I will freely admit – the governing class decided they were done with serving us and that they own us and rule us instead. That cancerous thought has metastasized in recent years, so that it’s not just governments and their bureaucrats and preferred scientists who presume to lord it over us, to tell us what to do, what to think.

That same deranged thought is there throughout the greediest capitalist corporations now as well. The technocrats took free speech by the throat long ago, so as to preserve and push their own self-described progressive ideologies. Now that same superiority complex is everywhere else as well.

Halifax bank got on their high horse about pronouns and loftily declared that customers who didn’t like seeing staff wearing such on their badges should take their business elsewhere. And so, customers duly did, right enough, taking their hard-earned cash with them.

Since when did money-grubbing corporations decide it was appropriate to start telling customers what to think about sex and gender?

Ice Cream vendors Ben and Jerrys got on their soap box to criticize the British government’s plan to offshore asylum seekers to Rwanda – when surely their time would be better spent learning more about obesity and diabetes and their likeliest causes.

So here we are – we the British people are held in low regard not just by politicians and their ilk, not just by the awkward savants of the search engines and social media platforms, but even by High Street banks and ice cream vendors.

It feels like there is a club somewhere, or a positive feedback loop, in which everyone involved, and it’s definitely not us – politicians of all stripes, faceless bureaucrats, journalists, bankers and corporations – feels entitled to make all the decisions about every aspect of our lives and then to tell us how it’s going to be. We the people are to be downtrodden, demoralized and deceived.

In the wider world, it is farmers who are the latest citizens pushed beyond breaking point. In a replay of the Truckers’ protest in Canada that so captivated many of us, gave us hope however brief that an end to the deliberately destructive madness might be in sight, there are tractor protests in the Netherlands, in Germany, in Italy, in Poland.

When those who grow and raise the food we eat are angry and scared enough to down tools and take to the streets to fight for their very existence, when those who drive the trucks that bring us everything we depend upon for our daily lives have done likewise … perhaps it’s finally time to pay attention to the unfolding catastrophe.

Among the Dutch farmers the anger was pushed above boiling point by government diktats regarding emissions of nitrogen and ammonia into the environment. Plans to reduce those emissions by as much as 70 percent will, farmers say, put many of them out of business altogether. They say it’s not about saving nature, but about leftist government plans to change land use in the Netherlands, forcing farmers to sell their land and to cut the national cattle herd by as much as 50 per cent.

Dutch farmers are among the most productive in the world – exporting 100 billion dollars worth of dairy and crops every year. Their banners say No farmers, no food.

The world is in a time of food insecurity and still governments would apparently prefer to contemplate a future in which people will suffer in every conceivable way. And in the future presently shaping up, people will most definitely suffer. Those governments are plainly not in the business of fixing anything, rather making matters worse.

Canadian PM Justin Trudeau – he that forcibly shut down the truckers’ protest in his own county and seized their bank accounts – has his country on a similar path to that of the Dutch. In a time of global food insecurity – blamed in part on war in Ukraine – ideologically driven administrations are stamping their metaphorical boots down upon their farmers’ backs.

In Holland, shots have been fired – allegedly by police, at one tractor. This is how basic things are becoming, how near the bone. Here in the west, in the 21st century, we are being prepared not just for a future without cars, but a future of less energy… less warmth… and even less food.

I knew there was something badly wrong with all that’s going on when I realized my response to what was happening, to all that we were being told, was physical. All of this actually makes me feel ill, to my bones.

I have never in my life before listened to government policy – and to the policies of governments all around the world – and felt endangered. But I do now. If you feel that too – a deep physiological response to the last two years, and a growing sense of something malevolent – then you are not alone. Sometimes it feels like society itself has been poisoned – and that all that society is being offered is yet more poisonous nonsense.

We should notice that it is from among us, the ordinary people, that the farmers and the truckers come – so that it is we who really have the power that matters in the end.

In Sri Lanka, they’re quite a bit further down the line than us – although hardly out of sight. Thousands of people, driven beyond endurance by economic collapse and the worst food and fuel shortages in living memory, found they had nothing left to lose. I read this morning about protestors there storming and occupying their president’s official residence in the city of Colombo.

Desperate people and desperate measures. It’s interesting to note that, contrary to what Klaus Schwab and his World Economic Forum might think … it turns out that when some people find they actually do own nothing anymore – they’re really not very happy at all. (LINK)

Interview: Prepare for War, Higher Energy Prices & Significant Civil Unrest


Armstrong Economics Blog/Armstrong in the Media Re-Posted Jul 9, 2022 by Martin Armstrong

Click here to read Greg Hunter’s summary of the interview and view other content on USAWatchdog.

Schwab’s Puppet Falls?


Armstrong Economics Blog/Humor Re-Posted Jul 8, 2022 by Martin Armstrong

Former PM of Japan Assassinated


Armstrong Economics Blog/Japan Re-Posted Jul 8, 2022 by Martin Armstrong

Japan’s former Prime Minister Shinzo Abe has been assassinated in a rare violent attack in Japan. He was shot while delivering a speech in Nara. He was pronounced dead at 5:03 p.m. local time at the hospital. The assassin was captured, Tetsuya Yamagami, 41, who may have served in the Maritime Self-Defense Force back in the 2000s. He apparently used a homemade gun, which shows that in a country with some of the strictest gun laws in the entire world, it still does not prevent such acts.

Violent crime in the United States peaked in 1991 and bottomed in 2014 with our model on civil unrest and the war cycle. It appears that because of the lockdowns, this may have pushed many on-the-edge people over the edge for we are witnessing mass shootings and senseless violent crimes like people killing someone over a parking spot. This appears to be unfolding worldwide. In this case, the guy made his own gun. This is a trend that is starting to appear in the United States where guns are not traceable.

The Georgia Guidestones Destroyed


Armstrong Economics Blog/Conspiracy Re-Posted Jul 8, 2022 by Martin Armstrong

Who is the mysterious R.C. Christian who erected the Georgia Guidestones in March 1980? These four nearly 20-feet monuments were mysteriously built decades ago before they were destroyed this week on July 6, 2022. After the initial bombing, the government destroyed the rest of the monument under the excuse of it being a structural hazard.

There is a theory that the structure was originally constructed during the Cold War to act as a guide to survivors of a nuclear disaster. Fears of impending nuclear war were widespread back then, and someone, likely a group, provided a guide for how to rebuild civilization. Let these be Guidestones to an Age of Reason,” are etched into the stone that contains writing in English, Russian, Mandarin, Arabic, Hebrew, Swahili, Spanish, and Hindi. Those responsible wanted to ensure that their message was read by whoever survived doomsday.

The 10 commands on the Guidestones seem eerily similar to the World Economic Forum’s current plans.

  1. Maintain humanity under 500,000,000 in perpetual balance with nature.
  2. Guide reproduction wisely — improving fitness and diversity.
  3. Unite humanity with a living new language.
  4. Rule passion — faith — tradition — and all things with tempered reason.
  5. Protect people and nations with fair laws and just courts.
  6. Let all nations rule internally resolving external disputes in a world court.
  7. Avoid petty laws and useless officials.
  8. Balance personal rights with social duties.
  9. Prize truth — beauty — love — seeking harmony with the infinite.
  10. Be not a cancer on the Earth — Leave room for nature — Leave room for nature.

(Image by Quentin Melson – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=118062388)

In the above documentary, there are numerous people who claim to have met the mysterious R.C. Christian, but this cannot be confirmed. The man did exist, however, and mysteriously disappeared shortly after the construction of the monument. He left behind a tablet explaining the astrological significance of where he placed the stones. The four giant granite tablets are aligned with the celestial poles, while the middle stone contains an eye-level hole that points to the North Star and aligns with sun solstices and equinoxes. There was a sundial calendar of sorts placed within the structure as the sun would shine through the slit at noon every day.

A lot of detail went into the placement and message placed on this structure that has remained an unsolved mystery for decades. There are deeper connections to this monument and ongoing globalist groups who also desire to unite a decreased population under one language in a one-world socialist government. Who destroyed the monument this week and why?

British Politics – Johnson Resigns Taking the Pound With Him


Armstrong Economics Blog/BRITAIN Re-Posted Jul 7, 2022 by Martin Armstrong

QUESTION: Mr. Armstrong; You rather bluntly rejected meeting with our PM. It looks like you were correct. Will we now turn to Labour to kill the British pound?

HJ

ANSWER: Boris Johnson is a disgrace. I had heard that he was untrustworthy and I think he has tried to lie his way out of too many scandals. The Conservatives upheld him in the last no-confidence vote and that in itself was disgusting. The Conservatives had completed a 13-year run. Labour was in for 13 years before. Maggie had placed the Conservatives in power and that lasted for 18 years until the Conservatives mounted a coup because they wanted to take the pound into the euro.

It was only the ERM Crisis when they overvalued the pound which created the opportunity for Soros that prevented the Conservatives from joining the euro. Ironically, it was George Soros that prevented the pound from joining the euro which made him rich, and then he used his money to try to prevent Britain from exiting the EU.

I wrote that report and gave it the name “It’s Just Time” after Maggie Thatcher. She had a natural instinct about cycles. Without asking me about what the computer was forecasting, she said the Conservatives would lose years in advance because they had been in power too long. She said to me: “It’s just time.” She flew to the States to speak at our World Economic Conference back in the ’90s.

Johnson came to power after exiting Britain from the European Union and the 2019 election victory gave the Tories their largest House of Commons majority since Thatcher’s day in the mid-1980s. Johnson has mismanaged the British economy from stupid lockdowns and holding secret drunken parties while locking down the country. It was Britain that started the lockdowns with the childish computer program that was no better than the game Sim City. Gates seems to have bought and paid for the entire British lockdown that was then sold to the rest of the world. Johnson’s reign of economic terror has come to an end, but not without taking the pound with him.

Johnson was forced to resign thanks to mass resignations. This was on time for the July turning point but now look at August that the computer targeted as a Panic Cycle. We still see the British pound testing the 1985 low of $1.03 and it will eventually break that low in the years ahead. Our forecast for the decline and fall of the British pound keeps unfolding with uncanny accuracy.