Posted originally on the CTH on March 25, 2024 | Sundance
Not a spoof. It’s a classic case of disparate impact lawfare at work. Auto manufacturers must be held accountable for making cars that black people want to steal.
It’s real. He really said that.
“But we have to go upstream, and we got to make sure that the automobiles are not so easy to steal that they are a tempting, attractive nuisance for young people. Right now we are investigating two major automakers because their cars are dramatically too easy to steal for young people.”
Posted originally on Mar 24, 2024 By Martin Armstrong
QUESTION: This prosecutor in New York says she will start seizing Trump’s real estate in New York and will take his golf course tomorrow. What would you do?
WH
ANSWER: I would let her seize the property and sell it. If he wins on appeal, she is liable for all the damages. But let me make it clear. At this point, anyone with any accounts in New York City had better get out of that God-Forsaken city of vile corruption. You better get the hell out of there BEFORE there is NO BID!!!! Trump should sell EVERYTHING in New York and close whatever you have there, and get out ASAP. You better not even have anything to do with that jurisdiction – PERIOD!!!
The smart money is exiting already. That means that with the ECM turning down after May 7th, there will be NO BID for anything in New York. As the war unfolds, forget to sell assets in New York City. We are looking at a RECESSION into 2028, so you are running out of time. Besides, in a nuclear war, NYC will be high on the list of targets. All Russia has to do is detonate a nuke in the water, and that would send a tidal wave that would take out the entire city. Between this insane prosecutor and the NEOCONS, NYC is a huge risk.
Posted originally on Mar 22, 2024 By Martin Armstrong
Tyson Foods may be the next company to learn the lesson, “Go woke, go broke.” The same company that is partnering with the World Economic Forum to add insect protein to your food recently announced that it will lay off US employees in favor of hiring illegal migrants. Boycotts have followed the company’s decision, and now a prominent fund manager is pulling out of Tyson Foods.
American Conservative Values Fund (ACVF) CEO Bill Flaig sees this move as a poor business decision that will repel investment. “I’m not sure other institutional managers will follow boycotting Tyson, but politically conservative investors are becoming aware that they can fight the woke liberal takeover of America with their investments,” Flaig told the Daily Mail.
Tyson Foods announced earlier in the month that it plans to hire 42,000 immigrants, while simultaneously laying off a portion of its staff. “Any insinuation that we would cut American jobs to hire immigrant workers is completely false,” a spokesman for Tyson Foods stated. Yet, the company has fired 1,276 American workers in a small town in Iowa with a population of only 8,000; a town that relied on Tyson Foods. They are also closing plants in Arkansas, Virginia, and Indiana.
The company has been recruitment migrants in the sanctuary city NYC, with promises to secure migrants immigration lawyers and work permits. Naturally they will be able to pay these people less to work in a field that most shy away from.
Tyson Foods forced these American employees to take the COVID vaccination as well.
These woke policies are simply bad for business. BlackRock recently came out and said that shareholder economics had failed and they would begin to back away from ESG related policies because it is bad for business.
Tyson Foods CEO Donnie King is a major establishment supporter, recently backing Nikki Haley and formerly supporting Joe Biden. The company is in collaboration with the World Economic Forum and has already put plans in place to replace some of its natural meat protein with insect protein. The FDA is permitting this to happen and will not require them to label the foods.
Tyson Foods own BallPark, JimmyDean, Hillshire Farm, Aidells, Bosco’s, Bonici, Sara Lee, Nature Raised Farms, Wright Brand, Raised & Rooted, and more. The people and investors will vote with their dollars accordingly.
Posted originally on Feb 29, 2024 By Martin Armstrong
The Dow exceeded the January high and closed February at 38,996.39. The NASDAQ composite has yet to exceed the 2021 high despite the AI Bubble. This still reflects the international capital flows, and our Chaos Models show there will be a trend emerging with a gap between the main turning points ahead. The atmosphere of WAR is impacting the market and the capital flows. Comments from Macron calling to send in troops to Ukraine to prevent somehow its fall, which is inevitable, has only led Putin to say that then opens the door to nuclear warfare.
They are determined to start a war this summer before the 2024 US elections. Both European leaders, NATO, and the Neocons are living in sheer terror of a Trump victory, for he is anti-war, CBDCs, and climate change. If they cannot prevent Trump from taking the White House, I fear they will assassinate him, for there is way too much at stake for these people. I would be very concerned about July, for things appear to be heating up and going into Panic Cycles in many markets come August/September.
We have reached our target of 40,000 we set back in 2011. Our resistance now in the Dow, given a continued rally, is forming at the 42,000-43,000 area. Exceeding that overhead barrier opens the door to a test of 50,000.
Posted originally on Feb 19, 2024 By Martin Armstrong
Germany has overtaken Japanto become the world’s third-largest economy behind the US and China. Japan’s economy contracted by 0.4% in Q4 after a 3.3% decline in Q3. GDP hit $4.2 trillion in Japan in 2023 compared to Germany’s $4.4 trillion.
Japan’s economy is expected to grow by 1.4% this year. Still, Bank of Japan governor Kazuo Ueda held rates negative and warned that the future policy presented an “even more challenging year” ahead. The current interest rate in Japan is -0.10%, as the central bank falsely believed lowered rates would attract investment and stimulate the economy. The Bank of Japan has maintained a negative interest rate policy since 2016 without success.
Japanese public debt is a serious issue and now stands around $9.2 trillion (1.30 quadrillion yen), or 263% of GDP, and is the highest of any developed nation in relation to GDP. Around 43% of that debt is held by the Bank of Japan, and they have been unable to attract investors.
Inflation is gradually easing in Japan, with December producing a 2.6% figure in contrast to October’s 3.3% posting. However, Japan is becoming increasingly involved in overseas battles and recently sent another aid package to Ukraine in solidarity with the West. North Korea is constantly provoking the nation, and the situation in Taiwan is scaring away would-be foreign investors.
This shift in rank is not due to the German economy growing stronger. Germany is in a tough situation thanks to those in Brussels who eliminated its energy independence and implemented harsh regulations on every sector. There was once a time when people referred to Asia’s market as “Asia and Japan,” as Japan was the top runner for the continent. Various factors are contributing to Japan’s decline. I discuss this topic in further detail in the report “The Last Days of Japan.”
Posted originally on Jan 10, 2024 By Martin Armstrong
According to a recent survey by theNew York Federal Reserve, Americans’ inflation expectations have dropped to the lowest level in three years. “How much worse could it get?” the average person assumes. The median expectation is that the inflation rate will be up 3% one year from now, down from a high of 7.1% recorded in June 2022. The survey found that Americans anticipate wages rising by 3% to meet their inflation expectations. Consumers have not been this optimistic since January 2021.
However, the people still anticipate that inflation will remain above the Fed’s 2% target in the longer term, with projections of around 2.6% three years from now and 2.5% five years from now. The Federal Reserve’s last forecast states inflation will decline to 2.2% in 2025 before reaching its lofty 2% target in 2026.
The year began with a massive disruption in the global supply chain and increased cargo costs. There are countless protests occurring among farmers across the world who disagree about the future of crops and food price stability. The leading driver that is not discussed – WAR! America is funding two major conflicts at the moment and sinking deeper into debt. The extreme geopolitical uncertainty and risks associated with war always lead to higher energy prices, increased production costs, and massive government spending, further fueling inflation.
Posted originally on Dec 12, 2023 By Martin Armstrong
The Federal Reserve Bank of New York’s data shows that auto loans have surpassed student loans, becoming the second-largest debt burden for U.S. consumers. Auto loan debt has reached $1.582 trillion, exceeding the $1.569 trillion in student loan debt. This surge in auto loan debt is attributed to rising vehicle prices, leading consumers to take out larger loans at higher rates.
Lenders have responded to this trend by tightening restrictions on auto financing, with approximately 30% of lenders reporting significantly tighter lending standards. The pressure for companies to switch to EVs and inventory shortages have contributed to the increase in vehicle pricing, resulting in consumers financing more expensive vehicles.
At the same time, the government is moving full speed ahead to reach their target of 50%+ EVs by 2030. Thousands of auto dealers have penned the Biden Administration to explain how this policy is significantly hurting their business. The public is drowning in debt over mostly gas-powered purchases, and EVs are significantly more expensive to purchase and maintain. Car manufacturers are focused on producing cars of the future rather than autos that fit the budget and lifestyle of the middle class.
Bidenomics believes student debt should be waived for those who knowingly took on the debt. Will those supporting Bidenomics also push to forgive this mounting auto debt? Like diplomas, people may realize their EVs cost more than they’re worth and they cannot keep up the payments. Perhaps the public, including those who do not own cars, should subsidize these car purchases through taxes since that is the same premise as student loan forgiveness.
The World Economic Forum is in partnership with global governments to end private car ownership by 2050. Owning a car is becoming an increasing luxury. Insurance costs could be a topic for another time as most states have seen their premiums skyrocket. Major cities around the globe like London and New York City are implementing congestion and traffic taxes as well.
Decades ago, someone could purchase a nice car with less than a month’s pay. Kelly Blue Book states thatthe average price of a new car was $48,008 as of March 2023, which is 27.8% more than pre-COVID pricing. The average cost of a crossover or SUV now ranges between $30,353 and $74,502, with costs rising by over 6% every year since 2020. We will see car ownership become an increasing luxury.
Posted originally on Dec 7, 2023 By Martin Armstrong
A recent study by Achieve revealed that despite a 37% increase in income, many Americans are facing financial challenges due to rising costs and high interest rates, leading to a surge in personal debt. The average monthly participation in debt resolution programs increased by 119% in the first nine months of 2023 compared to 2020. Wages are rising but they simply cannot keep up with the growing cost of living.
The typical household income of individuals enrolled in debt resolution programs was $59,900 in 2023, a notable increase from $43,598 three years prior. The study’s findings reflect the impact of inflation, a challenging interest rate environment, and the winding down of government stimulus on consumer debt levels. The report underscores the need for measures to address the rising debt burden and its potential impact on income growth.
The study also found that people are facing financial hardship significantly earlier in life. The average age of someone facing debt resolution was 52 in 2020, but that age has since decreased to 44 in 2023. Nearly 40% of people entering debt resolution programs are Millennials, which is also the age demographic of those with the sharpest increase of credit card delinquencies. Nearly everyone is living on credit as balances rose $154 billion YoY, marking the most significant increase since 1999.
No one feels relieves when new inflation reports are released. Governments can release whatever data they like but the fact remains that the price of EVERYTHING has become too much to maintain. Inflation allegedly peaked in June 2022 at 9.1% but I cannot think of anything that has dramatically decreased in price since then.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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