Abbott Sends Illegal Migrants to DC


Armstrong Economics Blog/North America Re-Posted Apr 26, 2022 by Martin Armstrong

Governor Greg Abbott of Texas has sent at least 10 buses of migrants to the nation’s capital. Abbott has long criticized President Biden for failing to secure the border. “By busing migrants to Washington, D.C., the Biden Administration will be able to more immediately meet the needs of the people they are allowing to cross our border,” Abbott said. “Texas should not have to bear the burden of the Biden Administration’s failure to secure our border.”

A growing number of Republican lawmakers are urging Abbott to declare an “invasion” of Texas as border security and law enforcement simply cannot manage the inflow of illegal aliens. Texas could declare an invasion by invoking Article IV, Section 4, and Article I, Section 10, of the Constitution. National troops and Department of Public Safety officers would be sent to immediately secure the US border.

Since the Biden Administration is openly allowing migrants to cross the border, declining to provide bordering states with assistance, other heads of state such as Governor Doug Ducey of Arizona and DeSantis of Florida have threatened to declare invasions as well. Both Abbott and Governor DeSantis have threatened to send migrants back to Biden’s home state of Delaware. No one knows how to handle the large influx of undocumented people.

Abbott worries federal prosecutors will hunt down state law enforcement if an invasion is formally declared. Additionally, many already have some form of documentation to enter America. “These are people who already have papers to roam freely into the United States,” Abbott said. “As soon as we drop them off across the border, they would just come right back across the border. And so all we would be doing is creating a revolving door.” Biden’s desperate attempt to gain Democratic votes by allowing illegal immigrants into the country is creating a crisis.

Find a way into America, vote for me, and I will allow you to stay!

Musk v Gates


Armstrong Economics Blog/Humor Re-Posted Apr 26, 2022 by Martin Armstrong

Elon Musk destroyed Bill Gates over the weekend after texts between the two were leaked to the press. This may be the first time someone has put Bill Gates in his place and publicly shamed him for his hypocrisy. Per usual, Gates had his hand out looking to “discuss philanthropy possibilities” with a fellow billionaire. “Cool.” Musk replied. “Do you still have a half billion dollar short position against Tesla?”

Gates said he simply forgot to close his position out, and then mentioned “philanthropy possibilities” again. Musk told him to kick rocks. “Sorry, but I cannot take your philanthropy on climate change seriously when you have a massive, short position against Tesla, the company doing the most to solve climate change.”

Doubling down on his anger toward Gates for a multitude of reasons, Musk began tweeting comedic representations of untouchable Bill. An unapologetic Musk compared an image of the Microsoft founder with the new Apple emoji of a pregnant man. The insult was a subtle nod to the insanity of woke culture that Gates is supporting through funding. From the vaccines to unexplainable meetings with Jeffrey Epstein followed by an immediate divorce, Bill Gates is rapidly losing his good-guy image.

Answering Your Questions


Armstrong Economics Blog/Q&A Re-Posted Apr 26, 2022 by Martin Armstrong

QUESTION: Mr. Armstrong. I am confused because you have stated many times that we are approaching the end of globalization, while at the same time saying the Great Reset, which is full globalization, is coming. Please explain. Thanks for your blog.

JS

ANSWER: Schwab’s Great Reset is the ATTEMPT to create a one-world government. Nonetheless, this will fail. These idiots actually thought that they could force regime change in both Russia and China and then they would open their arms and embrace this one-world government dream of Schwab.

The reality is that capital investing internationally is now at risk from both illegal assets seizures as the West has done to people who are just Russian as well as currency fluctuations due to geopolitical posturing. What the West has done to Russians has crossed the line. Now any other country that simply disagrees with a country can point to this precedent and seize all the assets of private citizens. On top of that, SWIFT abandoned its integrity and has shown the world it is simply a political tool. This has set China in full steam ahead mode to replace SWIFT thereby ENDING the Globalization of the world financial markets.

QUESTION: Marty, your forecast for the collapse of the British pound is looking more and more on target. I cannot believe that Johnson has sent special forces into Ukraine and even threatened to use nuclear weapons against Russia as a rogue state outside of NATO. Putin’s response that London will be the first to go in a nuclear war is actually understandable since Johnson has committed British special forces to war in Ukraine. What’s the timing on the fate of the UK?

SG

ANSWER: Nothing indicates that London will be nuked in the near term. Johnson has totally lost his mind. Russia would now be completely justified in assuming Britain has just declared war on Russia and as such seize all British assets in Russia. The failure of the FTSE to exceed the 2018 high warns that the decline is in motion but the low may not be until 2032. There is clearly a rise in volatility and a Directional Change next year. As far as the pound is concerned, this year was a Directional change and it has broken last year’s low. A break of the par level opens the dollar to a collapse down to the mid 80 cent level. This most likely reflects the prospect of a European war.

QUESTION: Dear Martin,
as the disaster in Europe is unfolding I would like to ask what Socrates is predicting for Switzerland and the Swiss Franc.
Could Switzerland be a place to hide? And could the Swiss Franc serve as a hedge against the fall of the Euro?
Could you please share your insights with us? We the normal people in Germany are really desperate for help! And time is running out!
Best
LL

ANSWER: Here is a chart of the Swiss franc long-term. The dollar is pushing higher and it will rise to test the 12300 level. Exceed that area will also war which is confirming we are looking at a European war. The Swiss will NOT be the hedge it once was. The New York Times just reported: “Switzerland, a favorite destination for Russian oligarchs and their money, announced on Monday that it would freeze Russian financial assets in the country, setting aside a deeply rooted tradition of neutrality to join the European Union and a growing number of nations seeking to penalize Russia for the invasion of Ukraine.”

It is just amazing to me that no matter what country we look at, we have the absolute most braindead leaders ever to claim office in human history. I know people hate the dollar, but we will see the dollar RISE initially in this confrontation. Eventually, the collapse in world currencies and the rise in the dollar will be the catalyst to seize all capital and force it into a digital currency.

When we look at the currencies around the globe, they are all confirming that war lies on the horizon. I hate this forecast, but this is not my personal opinion. This is when we need Will Smith to bitch-slap all the leaders. Honestly, there is not a single one who is competent. They are all just carrying out the advice of those behind the curtain who simply want war.

QUESTION: Marty,

Have you by chance retrospectively looked back at all the currency changes that have been made concerning the acceptance of other currencies in place of the dollar from the ECM turning point? All the deals that have been cut……

If I am not mistaken there are quite a few significant changes that have been made in the past month+ to circumvent the dollar’s hegemony in global trade….and If my memory serves, there was a BIG event that day or 1 day before or after that started the ball rolling

Can you by chance put together a list? It would be very helpful to see it in date order in black and white.

I think this was the MAJOR TURNING POINT that Socrates picked up…and will become more noticeable with each passing month

RW

ANSWER: There was a major shift in the trend for the dollar despite the fact that people thought it would crash based on shifts in trade to the Yuan. When we look at most, we see this shift in trend took place the week of the ECM turning point of March 14th. The Euro bounced and that was the highest weekly closing because it turned back down.

When we turn to the Yuan, despite the rhetoric, the dollar has risen even with the deals surrounding the yuan being priced in oil and some central banks adding it to their reserves. One would expect the dollar to decline, not rally. However, the markets are showing something else ios at foot.

Now if you really want your mind twisted, here is the chart of the Russian Ruble. The week of March 14th saw a reversal in trend, but it was not the crash of the Ruble, but the dollar.

All the markets we look at are lining up for what appears to be a war on the horizon. Look at gold. Here too we see the week of March 14th marked the shift in trend to the downside.

The markets are defying those who keep preaching the dollars down. It seems no matter what they say, they just end up being wrong again. The only possible way to see the trend is through the global eyes of Socrates without personal biases and assumed economic relationships.

Ukraine Asks for Billions More to Support Their Budget and Social Responsibilities for Ukrainian People


Posted originally on the conservative tree house on April 25, 2022 | sundance

The government of Ukraine is asking western nations to fund their budget.  Volodymyr Zelenskyy has asked for $7 billion per month in financial assistance to retain their government obligations.  Yesterday, Ukraine Prime Minister Denys Shmyhal reiterated that demand saying, “the cash, in sense of our budget, is very important for social and humanitarian responsibilities of our state to our people.”

l am not wanting to belabor a point that many have discussed here, but there really does come a time when the American people must draw a red line and ask, ‘to what end?‘  The United States government, both the white house and congress, have already pledged $14 billion dollars to Ukraine without a single representative asking the American people if they support it.

Certainly, there is an argument to be made that Ukraine needs the support of the world as they struggle with a conflict in their nation.  However, charity begins at home, and for too long our national leadership has been willing to use our income taxes as tools for their own political agenda.  The brazen expectation by leaders of Ukraine for the United States citizens to finance their government is, in my opinion, the last straw of a series of straws.

The issue would not be so significant if that request was not also accompanied by the visibility of western European nations, supposedly NATO allies, barely spending any money of their own wealth to assist their direct neighbor.  The U.S. financial support is ridiculous when compared to how Europe is responding to the Ukraine crisis.

Compounding this issue is our own American economy and the serious pain being felt by American workers and taxpayers as the spending creates even more massive inflation that we have to cope with.   We gained national independence around the premise of taxation without representation from England, and yet here we are again sending scarce income, without consultation or representation, to DC elites who send that money overseas.

(CBS) – […] MARGARET BRENNAN: But, specifically, is it medical supplies you need most? Is it heavy weapons? Is it just cash?

PRIME MINISTER DENYS SHMYHAL: We need weapon, medical support. But many countries support us because they take our injured soldiers.  The cash, in sense of our budget, is very important for social and humanitarian responsibilities of our state to our people.

MARGARET BRENNAN: And that’s $4 billion to $5 billion a month Ukraine needs?

(read more)

Where is the social and humanitarian consideration for our own people. The American people?

The Ukraine government request/demand is just so matter-of-factly stated as if it’s just another day in the life of a group of people who have no concept they are discussing the distribution of your earnings.   They don’t even have the mental association or reference point for who and what the golden goose is that creates the baseline for them to even talk about it.

The American taxpayer is reduced to some weird, disconnected entity that was scraped from their loafer as they entered the boardroom.

At gas stations across the nation, people in real economic pain, psychologically draining and worrying anxiety, are pulling out thirty bucks to put a few gallons of gas to get them to their job where what?….

…Where they are expected to use their calloused hands to generate the payments for Ukrainian government officials to spend on their “social responsibilities of the state?”…  Think about that the next time we set down the hamburger meat at the supermarket because it costs too much, or we try and figure out how to make the kids shoes last just a few months longer.

The level of rage this geopolitical disconnect is creating is entirely unsustainable.

Americans generally do not like being angry, we are the most charitable and kind people in the history of all assembled nations on this planet, but this level of being taken for granted needs to come to an end, AND SOON.

I don’t know about everyone who reads this, but the people around me are more than a little sick of this nonsense.

Major Riots Against Macron Throughout France Over Questionable Election


Armstrong Economics Blog/France Re-Posted Apr 25, 2022 by Martin Armstrong

There are major riots in just about every city in France over the validity of the election.  Police are breaking up protests by using teargas on civilians. The youth especially are protesting for Macron wants to create an EU army and that will inevitably lead to drafts.

Should Russian Oligarchs Fund Ukraine?


Armstrong Economics Blog/War Re-Posted Apr 25, 2022 by Martin Armstrong

As the war in Ukraine continues, so does the need for funding. Zelensky’s people are now asking for $7 billion in funding per month. The World Bank estimates that it will cost $60 billion to rebuild Ukraine’s infrastructure and the war is still ongoing. Managing Director of the IMF Kristalina Georgieva said they secured the $7 billion in funding for two months already with funds from other nations. Who will pay for the rest?

The $60 billion estimate is over three times the amount of Ukraine’s GDP. They could never recover on their own. Some would like to use the forfeited assets of Russian oligarchs to fund the war. US Treasury Secretary Yellen warned that doing so would be a “significant step” that would require careful consideration among nations. This yet again brings NATO members one step closer to fully entering the war.

Former hedge fund manager Bill Browder, who has advocated freezing oligarch’s funds, also once warned long ago not to tamper with the oligarch’s funds after seeing their retribution firsthand. “You don’t want to take [the oligarchs’] money because if you lose it, they’ll kill you,” Browder stated. Hedge funds are now required to freeze the assets of Russian oligarchs but have not received direct advice on how to manage those frozen assets. This leaves funds open to future lawsuits if not violence if the sanctions are ever lifted. Some are pointing to the hedge funds and private management companies for collecting the money in the first place, regardless of whether it was earned in a perfectly legal manner.

For all intents and purposes, the people who lost their life savings are mostly private citizens who have been a victim of circumstance. They did not fund Russia’s invasion. This could be considered an act of war by Russia for it would certainly be a complete violation of international law. Using assets seized by private citizens to fund a war opens the door to a new form of warfare that will only cause people to refrain from investing in countries that allow this to go on. Welcome to the total collapse of globalization. We are staring into the eyes of a Great Depression that would make the 1930s look like a dress rehearsal.

Georgia confiscated the property of people who supported the king during the American Revolution. Because of that, Georgia remains one of the poorest states for it took over 100 years before capital began to return to Georgia.

Israel Added Yuan to Reserve Currency Portfolio


Armstrong Economics Blog/China Re-Posted Apr 25, 2022 by Martin Armstrong

Israel has now moved to add the Chinese yuan to its reserve currency portfolio, which will create a natural hedge against the risk of insanity pushing for war by the United States and Europe. Adding the yuan to the reserve portfolio will automatically reduce the exposure to the dollar and especially to the euro, thereby creating a natural hedge, whereas a decline in the dollar and euro would imply a rise in the yuan and even the ruble.

The Middle East is divided and Zelensky pretends to be the Jewish hero, yet before the war, at the United Nations, Zelensky maintained a firm anti-Israel position. In 2020 alone, he voted for Ukraine affirming UN resolutions condemning the Israeli “occupation” of Judea and Samaria. He also opposed the Israeli “occupation” of Jerusalem and the Israeli “occupation” of “the occupied Syrian Golan.” After the war began, he suddenly became Jewish, asking for money and equating the Russian invasion to the Holocaust. Then Zelensky has the audacity to criticize Israel for not sending more money to his personal piggy bank. He tells everyone that World War III has already begun so, therefore, send all your money to him in Ukraine – no refunds accepted.

Zelensky is a fraud, and he was as corrupt as the rest of the lot in Ukraine. Corruption in Ukraine is certainly in the top 5 in the world. I was told that you MUST pay bribes and if you do not pay them to the right people, they will still retaliate against you. NEVER send money to Ukraine. It is as bad as all the fraud from Africa with people claiming they have millions and nobody to leave it to. He knows how to act always appearing in an army T-shirt and unshaven to pretend he is roughing it.

Zelensky had stashed $15 million in offshore accounts and that was before the war (See Gravitas). The rumor is his target is to stash at least $100 million now demanding $7 billion per month from the West. He has NO incentive to end the conflict and will not seek peace and as long as he is filling his pockets. What Zelensky has actually done is putting Israel at risk, for now, even Egypt has turned to Russia and is holding joint military exercises. The old Arab states that were against Israel in previous wars are now aligning with Russia as the US appears to be using Zelensky as its proxy to start a war with Russia. This is now turning up the heat for World War III to also engulf the Middle East.

It is curious that the United States’ closest ally in the Middle East, Israel, which pours dollars into the finances of the Jewish state on an annual basis, has realized that there is a risk to having only dollars and euros. Economically, Israel appears to have been awakened to the reality that the Neocons have divided the world economy and the sanctions on Russia will NEVER be removed, resulting in the total destruction of the world economy and the end of globalization. Including the yuan in their reserve currency portfolio is an acknowledgment that the Biden Administration has in fact destroyed the world economy as we have known it.

The Chinese yuan in Israel’s reserves at the central bank is just the beginning of a major change in the monetary distribution of its reserves since the collapse of Bretton Woods. Israel added the Chinese yuan, along with other currencies creating a natural hedge. Their reserves include the US dollar, the euro, and the British pound but will also include the Canadian and Australian dollars, the Japanese yen, and the Chinese yuan.

The Israel Monetary Commission has added the pound and yen, which will represent 5%, and the currencies of Canada and Australia will have 3.5% each. The yuan will be set at 2% of the portfolio. This shift has resulted in the decline of the euro’s share falling to 20%, declining from 30%+, while the dollar is declining to 61% from 66.5%. While the headlines talk about the dollar declining, they generally do not reporting the most drastic decline was in the euro which was over 33%. The British pound weight, on the other hand, almost doubled to 5%, returning to the level it last saw in 2011.

Likewise, Saudi Arabia agreed to price oil also in yuan as it is in a Petroleum Alliance with China-Russia. It should be noted that the change coincided with the Russian invasion of Ukraine and the Western sanctions on Russia. They have come to realize that the Biden Administration has singlehandedly destroyed the world economy rendering SWIFT to be just a political tool undermining its integrity. This has led China to push its alternative system that our model warns will eventually supersede SWIFT post-2032. Obviously, Israel has seen the handwriting on the wall and is attempting to gradually become independent of the SWIFT system itself.

The International Monetary Fund has also warned that the sanctions on Russia are undermining the dollar’s share of total world foreign exchange reserves which is rapidly falling to its lowest point in two decades as we are witnessing the rise of the Chinese yuan.

Before Obama’s Neocon War on Russia


Armstrong Economics Blog/Russia Re-Posted Apr 24, 2022 by Martin Armstrong

Before Obama started the New Cold War against Russia following Hillary’s failed attempt to take over Russia by interfering in the 2000 election, the world was much safer before all of this Neocon nonsense began when Obama came to power in 2008. Ever since then, Hillary, a staunch Neocon, did everything in her power to destroy the relations between the United States and Russia.

Macron Won – One Giant Step toward World War III


Armstrong Economics Blog/France Re-Posted Apr 24, 2022 by Martin Armstrong

Of course, Macron won amid allegations of vote tampering. If a ballot was torn in any way, which seems to have been those of Le Pen, they were just discarded. There was NO POSSIBLE WAY that the EU would have allowed Le Pen to win for she would have upset the EU and gone against this madness of creating a war with Russia to cover up the collapse in the monetary system thanks to 8+ years of negative interest rates.

The Die is Cast. Europe is headed into self-destruction. Meanwhile, the UK press is looking at putting on sanctions against Germany because they are still relying on Russian gas. We have the most braindead crop of world leaders in human history. Not a single one will bother to understand how world peace is actually accomplished.

While Rome conquered the known world, they quickly saw the benefits of being part of the Roman Empire – free trade! The conquered lands all began to sell local products to Rome and Romans were quick to invest in the newly conquered regions. It was economics that made Rome great. That is precisely what is being torn apart here dividing the world and in the process raising the threat of war.

This coin of Augustus (27BC-14AD) shows a conquered barbarian handing a child representing their nation to Augustus symbolizing their subservient posture to the Roman Empire. Cutting off Russia and hinting about sanctions against China and now against Germany for buying Russian energy is the precise way to create a world war. When there is no benefit in working together, then there is no reason for peaceful relations.

NEVER in my life have I ever witnessed such stupidity among world leaders. And just for the record, Putin is by far the ONLY rational leader. Those behind him think he has been too “SOFT” on Ukraine and he should have nuked Kyiv and then pound his chest asking who is next? There are those who would not hesitate to win for they already view this as a war with NATO and the United States using Ukrainians to try to weaken Russia for the kill. Hillary has even said so much.

The Dnieper River was the border of Ukraine as well as Belarus. It never included the east that was always Russia going back to the Russian Empire. Merely because the USSR assigned that region to Kyiv for administration did not transform ethnic Russians into Ukrainians. Naturally, some people just want to blame Russia and say they invaded without any discussion of the antics of the West or Zelensky which have deliberately provoked this war. The financial system was collapsing thanks to negative interest rates that have wiped out the European bond markets. They NEED this war to hide their decades of fiscal mismanagement.

This is a war simply intended to defeat Russia. Zelensky not only was elected under false pretenses promising peace and the end of corruption, but he has even waged war on the Russian religion like Henry VIII trying to seize all churches and eliminate Moscow and the Patriarch appointing all authority to Ukraine.

For this, those writing the scripts for Biden to deliver have destroyed the world economy and reversed all the world peace efforts since Kennedy and Nixon’s effort to divide China and Russia. All for what exactly? Climate Change or the real issue – the collapse of Keynesian Economics?

It is a shame that far too many Ukrainians are being used as pawns in this war. The more killed, the better. When the history of this period is written, we will see that the media has been creating this war just as they created the Spanish American War. The father of yellow journalism, Joseph Pulitzer (1847-1911), made his fortune by creating a fake war to sell more newspapers.

Perhaps the press is desperate for the same motive. CNN+ was a disaster and is being shut down. They had less viewership than even this blog. Perhaps CNN desperately needs war with blood in the streets to regain their viewership from the days of the Gulf War?

Pulitzer made his money by spilling the blood and guts of young Americans. Perhaps he felt guilty and left his estate to create the Pulitzer Prize for honest journalism – what a joke,

I was on the water over the weekend and the number of houses flying the Ukrainian flag warns that there will be support for World War III for these people have no clue that they have been manipulated into a position to support the real agenda.

Comrades, Another Coded Message Transmitted from the Rebel Alliance, Intellectual Froglegs Spring Edition


Posted originally on the conservative tree house on April 25, 2022 

Comrades, the dissident messenger known as Joe Dan Gorman has surfaced again, just long enough to transmit another Tokyo Rose’ broadcast in a coded frequency only receivable by patriots with a funny bone.  This natural coded messaging ensures communists and leftists are incapable of receiving it.

This spring edition comes from deep in the underground bunker of the Rebel Alliance.  Pull out those super-secret decoder rings, and enjoy the transmission before the deep state satellite interception trucks show up on your driveway…

{Direct Rumble Link Here} – {Website Here}

.

We, the free-thinking American people, are now intellectual dissidents in our own country.  Comrade rebels, don’t forget to eat this broadcast after sharing.