Tag Archives: WEF Social Credit Application

Mar 18 2022

Germany to Begin Confiscating Guns


Armstrong Economics Blog/Politics Re-Posted Mar 18, 2022 by Martin Armstrong

Germany is repeating its past mistake from 1938 when Hitler authorized the Gun Control Act that banned “enemies of the state,” such as liberals and Jews, from owning firearms. A few weeks later Kristallnacht (night of broken glass) occurred and the people were unable to defend themselves. As we know, it was only a downhill battle from there where the German people were utterly helpless against the Third Reich.

At a time when the world is praising Zelensky for arming citizens and praising the people for protecting their country, the rest of the Western world continues to condemn private gun ownership. Germany will begin disarming 1,500 people who they suspect (not confirmed) are extremists. Germany already has strict requirements for citizens to obtain firearms, but this measure could ensure that people with dissenting opinions are unable to defend themselves.

Trudeau, Putin, Biden, and most world leaders have recently decried citizens as far-right Nazi extremists without valid proof. Anyone could be declared an extremist if they disobey. Germany is taking it to a new extreme by potentially categorizing the entire Alternative for Germany Party (AfG) as dangerous extremists. This group has been vehemently opposed to COVID restrictions as well.

This will begin the trend of allowing governments to disarm people based on their political beliefs. They only want citizens to have guns when they are used to promote the government’s agenda. Any dissenters will be labeled dangerous extremists who post a threat to national security. This exact event has happened numerous times throughout history and resulted in the government murdering millions (e.g., The USSR in 1929 and China in 1935).

Mar 18 2022

Saudi Arabia Considers Accepting Yuan for Oil


Armstrong Economics Blog/Energy Re-Posted Mar 18, 2022 by Martin Armstrong

Russia is not the only country turning to the yuan. Beijing is in talks with Saudi Arabia to begin purchasing oil with their own currency opposed to the USD. Saudi Arabia has long had a volatile relationship with the US, and seeing the harsh sanctions imposed on Russia is only making the yuan more appealing.

Around 80% of global oil sales are exchanged in dollars, with Saudi Arabia using the USD exclusively for oil sales since the 1970s per agreement with the US government. Crown Prince Mohammed bin Salman was unable to have diplomatic relationships with President Biden after the publicized 2018 assassination of journalist Jamal Khashoggi. “We were going to make them the pariah that they are,” Biden stated in 2019. Add to this America’s nuclear negotiations with Iran and dismissal of Saudi Arabia’s request for support with military operations in Yemen.

The illusion of the dollar being an impenetrable safe haven has shattered due to Biden’s policies. Countries now know that their dollar reserves could be confiscated or frozen at any time and deemed utterly useless. The Saudis have been toying with the idea of accepting the yuan for oil payments for the past six years, but recent events just may be the final straw.

Mar 18 2022

Digital Currencies & Rations


Armstrong Economics Blog/War Re-Posted Mar 18, 2022 by Martin Armstrong

QUESTION: Dear Mr. Armstrong
A question that is worrying so many…
Will programmable central bank digital currencies be successful once introduced?
Kind regards G

ANSWER: Reliable sources are saying that they intend to (1) cancel all paper currency, (2) confiscate all cryptocurrency, (3) impose rationing, (4) wage World War III. Will CB digital currency be successful? Yes and No. They will impose it by sheer force and do everything in their power to attack black markets. They will fail in this endeavor for everything relies upon the power grid. If an adversary takes out less than 10 strategic power stations, the grid will fail and so will all money transactions.

Germany in World War II counterfeited the currency of Great Britain to undermine the currency value as a tactic to win the war. Today, you just target the power grid and that will kill the economy faster and far more sufficient than ever before. The black market will probably involve canned for and silver coins dated pre-1965.

During WWII, Americans were asked to make sacrifices in many ways including rationing. With the attack on Pearl Harbor, the United States government created a system of rationing, limiting the number of certain goods that a person could purchase. Rationing included gasoline, butter, sugar, and canned milk. War also disrupted trade, limiting the availability of some goods as we will expect this time around so get some of those pink umbrellas for your drinks for they come from China. Since the Japanese Imperial Army controlled Indonesia from March 1942 to September 1945, that cut off the supply of rubber. Roosevelt’s Executive Order 8875 created the Office of Price Administration (OPA) on August 28, 1941. They put in price ceiling on most goods in auditioning to rations.

Americans received their first ration cards in May 1942. The first card, War Ration Card Number One, became known as the “Sugar Book,” for one of the commodities Americans could purchase with their ration card. Other ration cards developed as the war progressed. Ration cards included stamps with drawings of airplanes, guns, tanks, aircraft, ears of wheat, and fruit, which were used to purchase rationed items.

They will impose curfews and lockdowns. The WHO is already proposing a worldwide COVID passport and they will most likely use that to claim they are filtering out spies.

Mar 18 2022

Ukraine Adopts WEF Proposals


Armstrong Economics Blog/War Re-Posted Mar 17, 2022 by Martin Armstrong

Zelensky has just signed into law the first steps of Schwab’s Great Reset. He announced he is introducing a Social Credit Application combining Universal Basic Income (UBI), a Digital Identity & a Vaccine Passport all within their Diia app. He also says that because so much money is coming into Ukraine as he has become an international celebrity, he has legalized cryptocurrencies in Ukraine. He will allow foreign and Ukrainian cryptocurrencies exchanges to operate legally, according to the country’s Ministry of Digital Transformation.