Tag Archives: Venezuela

Oct 7 2020

International Tourism Collapses by 80%


Armstrong Economics Blog/Economics Re-Posted Oct 7, 2020 by Martin Armstrong

International tourism has plunged it looks like coming in at around 80% by the end of the year. The UN World Tourism Organisation says it will drop at least 60%. The result of this has contributed to what we see as unemployment over 300 million worldwide. This collapse in tourism is 100% post-April 2020. This is going to contribute greatly to rising civil unrest next year globally. The collapse in tourism has already put millions of workers out of work. Those economies that have a high reliance on tourism like Greece and Thailand will suffer a significant decline in their GDP. Thailand, for example, will see a fall beyond 90% for the year’s total numbers.

Just from tourism which composes of airlines, hotels, travel agents, and restaurants, we are estimating a loss on a global scale between 100 to 120 million tourism jobs at risk of being lost permanently. It has been international tourism that has been one of the main engines of the global economy which not only accounts for roughly 7% of all international trade, it has helped to create world peace by exposing people to all cultures. Global tourism has also contributed to the aviation industry, which has simultaneously dropped sharply thanks to this deliberate global lockdown. Tourism has been responsible for creating direct and indirect jobs, when looked at closely, actually has accounted for 1 out of 10 of ALL jobs worldwide.

After discussing with REAL SOURCES, the very proposal that lockdowns may be needed to save the planet since they have been able to reduce CO2 but cutting off international travel as well as commuting. This has been a deliberate effort to use this virus which has NOT been any more lethal than the flu and has impacted the elderly as is the case with the flu to shut down the world economy and destroy its underpinnings to open the door for this Great Reset being pushed by Klau Schwab and his World Economic Forum.

When we look at American Airlines, for example, the two most important turning points will be the 1st quarter of 2021 and 2022. We would need a Quarterly closing back abobve $35.50 just to raise any hope of normalcy. Nevertheless, as long as this low holds, we may be in for a fight against these people who are using the virus to lockdown the world economy to reduce CO2. Nevertheless, the number of Directional Changes appear to be confined to 2021 with volatility starting to rise going into 2022.

We most certainly live in interesting times.

Oct 6 2020

The 2016 Soft Coup Unraveling


Armstrong Economics Blog/Corruption re-Posted Oct 6, 2020 by Martin Armstrong

The Coup Against Trump because he was anti-war and “not one of us” is unraveling deeper and deeper corruption which is leading right to Gina Haspel who is the Director of the Central Intelligence Agency (CIA). They have contrived fake news and used it to go after everyone around Trump to disrupt his administration. Flynn is just the tip of the iceberg. The FBI is prohibited to penetrate and subvert any presidential campaign. Executive Order 12333, Section 2.9, “Undisclosed Participation in Organizations in the United States.” This expressly prohibits in very plain language any sort of intervention that arose from the U.S. Army Counterintelligence penetrating Students for a Democratic Society (SDS) to aid the FBI during the 1960s. Because of this prohibition, they viewed this as only prohibiting domestic intervention. That legal prohibition is why the FBI felt the need to manufacture a “foreign counterintelligence threat” in the UK and then “import” the investigation back into the United States.

However, this goes even further. Since the Steele dossier was paid for by Hillary, and the entire approval of investigating the Trump campaign in 2016 came implicitly from Obama and Biden, the corruption involving the infiltration of the 2016 Presidential Campaign was in itself a Soft Coup. Gina Haspel was the head of the London office of the CIA where everything was organized. The FBI needed to fabricate a foreign counterintelligence “event” in order to pretend this operation was legal. It is now Haspel who is refusing to declassify RussiaGate papers because it was her branch in the UK that was operationally the “friendliest” office to pull off this entire coup. Haspel was deeply involved which runs the risk of this even rising to the level of treason.

Sen. John McCain’s role in this coup explains a lot as to why he said he did not want Trump to speak at his funeral. It was McCain who handed the Steele dossier to Comey involving President Donald Trump. This was revealed in recently unsealed court filings. McCain previously had acknowledged getting a copy of the dossier, which was a compilation of memos written by former British spy Christopher Steele for he was friends with Hillary, and delivering it to then-FBI Director James Comey. McCain provided the cover for he was a Republican handing it to Comey rather than Hillary who paid for it. Moreover, it was also John McCain who was the sponsor of the Magnitsky Act which was a cover-up because of the Clinton’s approval of the bankers trying to take over Russia. (The film Magnitsky has been banned and removed from YouTube most likely at the demands of Bill Browder which only raises the probability that it was true)

However, the explosive dossier contained false accusations claiming the Russians had compromising information on Trump, which Comey is still trying to use publicly advising people to vote for Biden. This entire mess revolves around the US/NY bankers attempt to interfere in the 2000 Russian elections which forced Yeltsin to step down and brought Putin to power.

It was David Kramer who is involved with the McCain Institute for International Leadership which should be renamed the Institute for Soft Coups. Kramer was deposed in December 2017 as part of a legal battle waged by a Russian businessman Aleksej Gubarev over BuzzFeed’s publication of the dossier. The judge for the U.S. District Court for the Southern District of Florida unsealed the records adding even more interesting aspects to this Soft Coup.

Kramer Deposition

This election stands for a lot more than just who will be president. If President Trump is reelected, this might very well begin to DRAIN THE SWAMP. A victory for Biden would guarantee we will never hear another word about this Soft Coup. There is a lot at stake in this election that is so far beyond just the personality of the president. Trump needs to be very careful. These people will not think twice about eliminating him but probably by poison – they certainly do not what his picture on any money in the future.

Oct 6 2020

Importance of Police/Army in a Revolution


Armstrong Economics Blog/Economics Re-Posted Oct 6, 2020 by Martin Armstrong

I have often explained that revolutions will be bloody if the army supports the government. Gaius Caesar Germanicus, we commonly refer to him by his childhood nickname Caligula (37-41AD), was the third emperor of Rome. While there are so many stories about him from his sex orgies to making his horse a senator, most of this was all FAKE NEWS generated by those who wanted to overthrow him and re-establish the Republic.

This Æ Sestertius struck at the Rome mint showing the legend ADLOCVT COH on the reverse, pictures Gaius standing left on daïs, extending a right hand in a gesture to address the Praetorian Guard.  COH in exergue means cohorts while ADLOCVT is his speech or allocation to the troops. He is acknowledging that he holds power over Rome only because of the support of the troops.

Caligula was murdered at the Palatine Games by Cassius Chaerea, a tribune of the Praetorian guard, Cornelius Sabinus, and others. Caligula’s wife Caesonia and his daughter were also put to death.  The murder of his wife and daughter demonstrated that this was an attempt to re-establish the Republic.

However, Chaerea did not control the loyalty of the majority of the Praetorians. Without an emperor, there was no need for the  Praetorians. As a result, they searched the palace to find Caligula’s uncle Claudius who was said to have stammered. They quickly proclaimed Claudius, as emperor and they seized Chaerea who was then sentenced to death. Chaerea requested to be executed with his personal sword, and this said to have been granted. Here is a gold aureus of Claudius picturing the Praetorian Camp also acknowledging that his power was because of the Praetorian Guard.

Here we have a valuable lesson from history. The government survives if the army/police are loyal to the state for, without the state, they become unemployed. Hence, many will fight for their personal privileges. Human nature never changes no matter how many hundreds of years may pass.

Oct 4 2020

The Weight Of The World on Trump


President Trump has the weight of the world on his shoulders. In addition to world events, he’s been trying to make America great again despite COVID-19 and an ongoing coup by the Deep State. Plus he’s entering the home stretch of his reelection campaign. Now he must deal with the virus personally. Lesser men could not handle far less than this but Trump, like Atlas, will persevere. 

We at GrrrGraphics wish him and Melania a speedy recovery.

–Ben and Tina Garrison

Oct 4 2020

Gates – Schwab – Gore – Refuse to Admit They Have Been Wrong


Re-Posted Oct 4, 2020 by Martin Armstrong

Oct 3 2020

Mexican President Notes Central American Caravan Timed to Interfere With U.S. Election…


Posted originally on The Conservative tree House on October 2, 2020 by sundance

There are trillions at stake…

As a consequence there are a myriad of ideological efforts underway, simultaneously with increased intensity, intended to influence the 2020 election.  Pelosi/Soros Inc. working earnestly on mail in ballots. Big Tech continues efforts to disconnect the voices of their political opposition.  Big Media continues efforts to frame anti-Trump narratives to assist their political allies.  The big Wall St. multinationals, including the U.S. Chamber of Commerce, are pouring money into efforts to block the re-election of President Trump.

Foreign money is pouring in from China and overseas interests who are negatively impacted by the America First national economic agenda. Regional politicians and their various special-interest groups are being funded to keep fueling antagonisms; and Hollywood influencers are ‘all-in‘ once again to assist the effort.

We can all see it; this time they are not trying to hide… Eyes wide open.  Cue the coordination with the open-border immigration lobby:

GUATEMALA CITY/MEXICO CITY (Reuters) – Mexico’s president on Friday said he suspected political interference behind a new migrant caravan in Central America, promising to keep his country out of the U.S. presidential race as the group splintered and some began turning back.

More than 2,000 migrants, many wearing face masks against the coronavirus, barged past Guatemalan troops at the Honduras-Guatemala border on Thursday. Some said they were seeking to escape poverty aggravated by the pandemic.

President Andres Manuel Lopez Obrador, who has taken steps to curb illegal immigration so as to avoid entanglements with his U.S. counterpart Donald Trump, suggested that the caravan’s departure from Honduras had been timed to provoke.

“It is very weird, very strange,” Lopez Obrador told a news conference. “It’s a matter that I believe is linked to the U.S. election.”

He said he did not have definitive evidence to support that claim, but his words turned up pressure on the migrants. (read more)

Obama speaking at National Council of La Raza

Oct 3 2020

Madman of Australia Want to Remove All Rights


Posted Oct 3, 2020 by Martin Armstrong

Oct 3 2020

Bloomberg’s Think Tank Plotting the Election


Posted Oct 3, 2020 by Martin Armstrong

Oct 3 2020

Schools-Equality-Oppression


Schools – Equality – Oppression

Re-Posted Oct 2, 2020 by Martin Armstrong

COMMENT: Hi Martin,
I wanted to comment about the blog posting ‘Fauci Belongs in Prison’. Having three children on remote learning by choice because we refuse to subject them to the draconian lockdowns at the school and mandatory mask requirements. Correct me if I am wrong, but didn’t Hitler say something like, “Forget about the adults, we want the children”, and those children turned out to be the killers in WWII.

Unfortunately, we have been able to witness the school’s systems brainwashing propaganda machine in action with our children. In the first week of school our son in middle school was tasked to watching videos with Fauci and Gates about masks, vaccinations, social distancing, etc. The same brainwashing machine was at work with our elementary school students, but it was being directed from the teachers. It is frightening to watch this in action!

My son loves to challenge the teachers with questions, with the information he also reads with me on your blog.
Keep up the awesome work, you are also getting the truth to our kids!
All the best,
KC

REPLY: Schools are teaching their particular political beliefs which is wrong. It is no different than teaching religion in school and saying all others are wrong. Regardless if this is right or left, there should be neutrality and children should not be indoctrinated in such a manner. They never teach the fundamental difference between leftist economics and right. Take Thomas Piketty. The left always insists that to achieve their goals, all opposition must be suppressed. To achieve his equality, others who enjoy working and achievement must be robbed of the fruits of their labor to redistribute to others who hate to work or lack the same talents.

Just because Tennis star Roger Federer is at the top of Forbes’ annual rankings of the “World’s 100 Highest-Paid Athletes” earning $106.3 million, under Piketty, that is unfair and is the problem creating inequality because the rest of us cannot earn even $1 million to play Tennis.

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.” 

My family has been here since before the Revolution and fought for freedom from England. My cousin still has the musket he used in the Revolution. Everything that is being taught about equality is simply Marxism. We are all equal in rights, not in talents. Nobody would pay me even $100,000 to play a game of Tennis. That does not mean Roger Federer has oppressed me despite the fact we have never met. The Declaration of Independence is what was supposed to govern our society – not lockdowns and oppressions.

Oct 3 2020

Michigan Supreme Court Rules Comrade Governor Gretchen Whitmer Exceeded Her Powers in COVID Compliance Lockdown…


Posted originally on The Conservative Tree House on October 2, 2020 by sundance

The supreme court in Michigan has ruled that Governor Gretchen Whitmer exceeded her constitutional authority under state law in the arbitrary enforcement of her unilateral decrees to mitigate the COVID-19 virus. [pdf here] As the court wrote in the opinion rebuking the governor:

“The people of this state have been denied a voice and a seat at the table in decisions that have impacted every facet of their lives and their futures over the past eight months. They deserve to have their representatives bring their voice and their concerns into this decision-making process.”

At the heart of the governor’s legal argument was a 1945 law allowing the governor to declare a state of disaster or emergency if she finds one to exist and it remains in place for 28 days, unless the Legislature extends it. The legislature did not extend the declaration, yet the governor continued to restrict the citizens without any representative voice.

MICHIGAN – […] In the 4-3 ruling, the court determined the governor did not have the authority under state law to issue any additional emergency declarations pertaining to the pandemic after April 30. That was the last date when the legislature allowed the governor to declare an emergency.

“The governor’s declaration of a state of emergency or state of disaster may only endure for 28 days absent legislative approval of an extension. So, if the Legislature does nothing, as it did here, the governor is obligated to terminate the state of emergency or state of disaster after 28 days,” said the majority opinion, written by Judge Stephen Markman.

[…] “Put simply, and our criticism is not of the Governor in this regard but of the statute in dispute — almost certainly, no individual in the history of this state has ever been vested with as much concentrated and standardless power to regulate the lives of our people, free of the inconvenience of having to act in accord with other accountable branches of government and free of any need to subject her decisions to the ordinary interplay of our system of separated powers and checks and balances, with even the ending date of this exercise of power reposing exclusively in her own judgment and discretion,” the majority wrote.

“It is in no way to diminish the present pandemic for this Court to assert, as we now do, that with respect to the most fundamental propositions of our system of constitutional governance, with respect to the public institutions that have most sustained our freedoms over the past 183 years, there must now be some rudimentary return to normalcy.”  (more)

Here’s the full ruling:

https://www.scribd.com/embeds/478479186/content?start_page=1&view_mode&access_key=key-WL6tNitMQGS2BzrkWvGKView this document on Scribd

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