Posted originally on Oct 7, 2024 By Martin Armstrong
The European leaders are pushing for war with Russia because, economically, they are failing. Those in the highest offices of the European Union faced the decline and fall of their dream – one European government that had been attempted many times before, from Charlemagne to Hitler and Napoleon. As I have written before, they came to me when they were creating this project since we were the currency specialists. They attended, taking the entire back row of our London World Economic Conference.
I warned them back then that the euro would NEVER displace the dollar unless they consolidated the national debts of Europe. I was told that was impossible and they just had to get the euro through and then worry about the debts later. I explained that capital would merely trade one member’s bond against another, the same as in currencies. That was in 1998, and they never addressed the debt issue that is now escalating into a crisis.
It was Chancellor Kohl who blocked the debt consolidation. He admitted he acted as a dictator and took Germany into the euro, denying the German people any right to vote because he knew he would have lost the vote seven to three. Because of that decision, the euro could never replace the dollar, and an institutional investor still had to compare one member state against another. The volatility once in the foreign exchange markets was merely transferred to the individual bond markets.
The theory behind creating the EU Parliament was that one government would end European wars. Now, the EU is looking for a war to pretend the economic demise of Europe was not because of their gross mismanagement and the failure to design the euro properly. Also, never in history has centralized control succeeded. In fact, this idea of a one-size-fits-all approach has always ended in civil war, for it is tearing the United States apart at the seams as well, just as it did with Communism in Russia and China.
This idea of the EU and a centralized dictatorial government is rapidly becoming ungovernable. Even at a recent debate in Berlin, a German voter criticized Chancellor Olaf Scholz, pointing out that Germany’s government is unable to govern as its ministers are bickering like children fighting over the same toy. The shocking response from Scholz conceded the point. “The truth is: You are right, but what would be your solution? I mean, I’m asking for a friend.”
The EU is trying to create dictatorial power from Brussels and is taking Hungary to court over what it views as its controversial sovereignty-protection legislation. The EU demands that Hungary do as it commands. This tension always emerges and leads to civil wars and separatist movements. We will see the breakup of the EU because this centralized control always fails.
Croatia and Hungary oppose NATO’s rush to war, which has no viable purpose without creating war. The Eastern Blocks are resisting war, for they know Ukraine very well and are not trustworthy in the least. Ukrainians see themselves as superior and engage in ethnic cleansing of not just Russians but Jews and Polish as well. They were so brutal that even the German Nazis were horrified. Ukrainians cut the babies out of pregnant women and sowed in a live cat.
The Slovak Prime Minister Robert Fico has also spoken out against Ukraine’s membership in NATO. He reminded that membership must be ratified by all members. No more slick side deals. Indeed, nobody can join NATO if they are at war, for that would invoke Article 6 and direct all to join the fight. Ukraine’s close neighbors do not trust Ukraine. They were the collaborators of Hitler and practiced ethnic cleansing. He said:
“As long as I am the prime minister of the Slovak Republic, I will lead the deputies over whom I have political control as the head of the party to never agree to Ukraine’s membership in NATO.”
The EU is crumbling from within, and as that happens, it is becoming highly authoritarian. Turkey is pretending to be in accord with NATO yet doing a balancing act between Russia and NATO. Will they actually send troops to invade Russia when NATO gives the green light for World War III? That remains to be seen because it will cost Turkey its dream of resurrecting the Ottoman Empire. The rest of the Arab world will turn against Turkey.
The EU has been in the grips of a deepening crisis that began with climate change and unleashed a cost-of-living crisis, a housing crisis, a migration crisis, and a collapsing economic growth. This has been accelerated by the decline since the turn in the ECM in May 2024. This has furthered a political crisis, and the right has faced a significant challenge. The Freedom Party won the Austrian elections with 30% of the vote. This combined threatens the fragile EU cohesion that has promoted the WOKE agenda.
The EU is using the excuse of Hungary’s veto to supply Ukraine with money to destroy Russia to steal 50 billion of frozen Russian assets to fund themselves. Only 5% of that money will go to Ukraine to circumvent Hungary’s veto. The EU is desperate for money, and they view their conquest of Russia as a way to refill the treasury.
On the international front, the EU continues to face the escalation of war against Russia, using Ukraine as the vanguard. Zelensky’s invasion of Russia directly has been orchestrated in hopes of forcing Russia to attack anything they can justify World War III. NATO is scheming to gather $100 billion to keep up the conquest of Russia. Our models warn that WWIII will unfold by 2025, and the destruction of NATO is in the cards by 2027.
Please make no mistake about it. Zelensky’s “Victory Plan” is all about the destruction of Russia. He presents Russia as a War Criminal, and NATO is in favor of letting him use long-range missiles to attack even the Kremlin. NATO wants Russia to respond and attack anything in NATO so they can invoke Article 5 and turn this into World War III. Let’s get real. All of these leaders cheering on war couldn’t win a bar fight but cheer others dying for their ambitions.
I will no longer revisit Europe. I saw the Colosseum for the last time. It will not be standing in the years ahead. Like the fall of Rome and the subsequent Dark Age (5th–10th centuries), Europe’s knowledge and history will be lost again. Next year, 2025, will start the 6th wave of 309.6 years from the fall of Rome in 476AD.
Zelensky has now publicly declared this is really World War III, stating that to guarantee Ukraine lasting peace and security, there will be no trade of sovereignty or territories. He has effectively said that all the ethnic Russians in Ukraine are no longer allowed to retain their natural language or their religion. This is a total war against Russia with no compromise of peace absent the destruction of Russia or Europe, whichever comes first.
Posted originally on Oct 5, 2024 By Martin Armstrong
QUESTION: Marty, it appears that the September panic was on the upside, and it also appears to be a turning point. It looks like it may be a high in the Dow and Gold on a closing basis. I must say, it’s far easier to see now that this election may be the last. Does making a panic to the upside and a high dovetail into a war scenario you have been warning about for the election?
Kerry
ANSWER: I laid out the risks in gold on the private blog. Yes, the Panic was to the upside (see Glossary), and you are correct; this does not bode well for the near future. A Panic to the Downside would have provided a buying opportunity in October, but this pattern is sending up a red flare. A Panic to the Upside is a clear warning that the pattern unfolding is very serious, and it indeed includes the high probability of major civil unrest that will hurt domestic markets as nobody will accept the outcome. The problem we have is what I warned about throughout this year. There remains a risk that our Neocons fear a Trump victory and are pushing for war before the Election.
Israel attacked a Russian airbase under the pretense that Iran dropped off supplies there for Hezbolla. Our office in UAE has reported that Russia has warned all Russians to get out of Israel ASAP. Meanwhile, Russia is turning up the heat in Expanding in Ukraine. Zelensky sent a force to invade Russia in hopes that they would attack anything in NATO to claim Russia was the aggressor. Putin is not stupid.
Zelensky’s Victory Plan is to use long-range missiles to wage a full-scale war on Russia to destroy as much as possible prior to a NATO invasion. I have warned that Putin must reverse his position and take this war seriously as a NATO invasion or be overthrown by the Russian hardline Neocons. Our model targeted October for this, so we have just seen Putin reject peace negotiations. He has been forced to see reality. He has authorized glid bombs launched from aircraft, but he may also use the Father of All Bonds, which is the largest non-nuclear weapon that has the impact of a small nuke.
Our office in the UAE is reporting that while Israel attacked the Russian airbase, it seems like the people of Syria are split on whether they like Assad or not. The Kurds are against Hezbollah/Iran/Russia and were quite happy Israel took out Nazrellah. Iranian Khomani spoke to unite the Muslims against Israel. Our staff there commented that it seems like it’s going to kick off when Israel attacks Iran.
It’s a holiday in Israel this weekend, so it is normal to go quiet. However, Biden did respond to a question if attacking Iran’s energy facility is likely. He said he was in discussion with Israel, thereby confirming that the US is involved strategically. That was not very smart. That statement confirms to the Arab world that the American Neocons are involved.
The other side of this same coin is that Iran could also shut down the Strait of Hormuz, which would send energy prices sky-high in the West using oil as a weapon, as was the case during the 1970s. It was October 7th, 1973 when Iraq nationalized the holdings of the two U.S. oil companies operating in the Arab nation, Exxon and Mobil. They did so to show support for Egypt and Syria in their war against Israel.
This was 51 years ago. Our models show that Crude is likely to press higher, but it will be in 2025 when we see the annual level become a grave issue. We may see a crisis in energy by March 2025 becoming obvious.
Panic Cycle – Normally, a Panic Cycle is something that will exceed the previous high and penetrate the previous low. It will traditionally take out both previous session events. However, it can also be just an extreme move in one direction, which is often indicated by opening above the previous high or below the previous session low.
Posted originally on Armstrong Economics on: May 27, 2024 at 6:30 pm EST October 4, 2024 | Sundance
Australian WikiLeaks founder Julian Assange gives an address to the Council of Europe in Strasbourg, France, on Tuesday — his first public remarks since he was released from prison. Assange has been giving testimony to the Parliamentary Assembly, which includes parliamentarians from 46 European countries, on his detention and conviction and their effects on human rights.
As noted by Chase Freedom: “In his first public appearance since gaining his freedom after 14 years of torment, Julian Assange call Mike Pompeo and Bill Barr “Wolves in MAGA hats” and he’s 100% correct.” WATCH:
Posted originally on the CTH on October 3, 2024 | Sundance
President Trump sat down with Dave Ramsey to discuss specific economic drivers that will jump start the U.S. economy in 2025.
Beginning with an immediate shift in energy policy, President Trump sets the aggregate goal to reduce overall energy prices by 50% in the first year. The drop in energy price then begins to reverberate throughout all facets of the economy as the cost of goods sold, distributed and warehoused immediately lowers. This directly starts to lower the end price of goods.
President Trump then proposes a drop of the corporate tax rate from 21 percent to 15 percent. However, in order for corporations and manufacturers to get the lowered rate, they MUST produce their product INSIDE the USA. The tax drop will only apply to companies who produce goods domestically from USA origins. This approach further bolsters employment and wages as the companies shift operations to the USA to gain the favorable rate.
Dropping overall energy prices, targeting tariffs on strategic sectors, decreasing regulations, increasing domestic production, creating jobs, becoming less reliant on foreign goods and enhancing the Gross Domestic Product, directly expands the economy and provides more revenue for government operations. This is the MAGAnomic success formula that allows Social Security to survive without change.
.
Around 13:30 of the interview, Ramsey talks about the culture of excellence that exists within the Trump organization. President Trump notes that Eric Trump currently runs the organization and talks about one of the key secrets to their success, ‘promotion from within’.
Many Main Street titans will agree. Selecting excellence within the organization for direct advancement to leadership is the single biggest commonality of organizations who maintain excellent operations. In an era where people jump jobs, in a privately owned company – the ability to promote the best from within ensures long-term employment.
At 20:42, Dave Ramsey asks about President Trump returning to Butler, Pennsylvania to continue the rally interrupted by an assassination attempt. The Butler rally is scheduled for Saturday, October 5th.
Posted originally on Oct 3, 2024 By Martin Armstrong
The globalists condemned Italy’s Giorgia Meloni for promising to curb immigration if elected. As with Donald Trump, she was called a racist for wanting to secure her nation’s borders. Italy was facing an all-out invasion by land and sea under relaxed European Union edicts that permitted open borders. Now, under Meloni, illegal immigration has dropped 64% in the past year.
Over 150,000 migrants arrived in Italy by boat in 2023, nearly doubling the new arrivals seen in 2022. Instead of building shelters to house migrants with taxpayer funds, Meloni sought to build detention centers. Centri di Permanenza per il Rimpatrio (CPRs) or Repatriation Centers were extremely controversial but effective. Thousands of migrants were detained and deported if their application for asylum was denied. Word traveled that conditions in these centers were less than desirable, making Italy itself less desirable for would-be intruders.
Meloni hosted a conference last July, inviting 20 nations to participate, including EU officials and North African leaders. As with politics, there is always a pay-to-play bargain. Italy, along with the EU, agreed to provide Tunisia funding if they worked to control the outpouring of people from their country. Italy agreed to help the Libyan government in Tripoli and helped their coastguard learn tactics to deter migration. Deals were made with North African nations that benefitted each country. The Mattei Plan launched nine projects across six African countries in exchange for their participation in fighting illegal immigration to Italy. Although it came at a cost, the price was far less than Italy would have paid to house endless newcomers.
Then there was the Naval blockade proposal whereby Meloni wanted the Mediterranean secured. European Commission President Ursula von der Leyen only agreed to offer Meloni support when she realized that migrants were using Italy as a starting point to enter other European nations.
There is no need for open borders. World leaders do have the ability to act if they choose to do so. The United States, Canada, the UK, and elsewhere in Europe are witnessing a deliberate and calculated invasion of their borders. It begins with the rhetoric that illegal trespassing will not be tolerated, and ends with actions that show the world their threats are not baseless. A decrease in 64% is quite significant and proves that anti-immigration policies are extremely effective.
Posted originally on Oct 3, 2024 By Martin Armstrong
For the second consecutive year, fewer women are giving in birth in Canada. The country now has a birth rate of 1.26 children per woman, with some provinces like British Columbia reporting a rate of only 1 child per woman. Yet, the number of children remained consistent year-over-year at 350,000, although there was a 5% decline in births from 2021 to 2022. The problem lies in fewer women of childbearing age opting to have children amid the terrible economic conditions.
“Canada has now joined the group of “lowest-low” fertility countries, including South Korea, Spain, Italy and Japan, with 1.3 children per woman or less. In comparison, the total fertility rate for the United States was 1.62 per woman in 2023,” Statistics Canada said in its press release.
More women are waiting until later in life to have children. Gone are the days when young couples could have families and rely on one income for support. Both the mother and father must be financially stable to responsibly bring life into this world. Over 26.5% of mothers in 2023 were over the age of 35 but that figure was only 10.7% twenty years ago. Unfortunately, this has increased the rate of premature births, which has reached a 50-year high.
On the other hand, Canada’s population reached an all-time high this year. Canada’s population surpassed 41 million, but it is not due to new births. Statistics Canada professed that the population rose 0.6% or 242,673 people from Q1 to Q2, standing at 41,012.563 as of April 2024. The nation rose by 1.27 from 2022 to 2023 or a 3.2%. Nearly all population growth (99.3%; 240,955 people) were solely attributed to migrants arriving in Canada.
We are witnessing population replacement at play. Birth rates are declining across developed nations among the citizens who can no longer afford to expand their families. On the other hand, these nations opened their borders and provided free shelter, healthcare, etc., to migrants who are comfortably expanding their families. We are witnessing a shift in society as the current citizens are being phased out and replaced by newcomers.
The United Nations would like the world to adhere to its lax crime laws. Generate civil unrest to destabilize nations to create a need for order, a New World Order, that will be more powerful and effective than the government. El Salvador’s Nayib Bukele began an anti-gang crusade when he entered office. Affiliated with a gang? Straight to prison.
Now, the self-proclaimed humanitarians at the Untied Nations called Bukele’s crusade extreme and demanded that he loosen his laws. “Some say that we have imprisoned thousands, but the reality is that we have freed millions. Now it is the good guys who live free, without fear, with their freedoms and human rights fully respected,” Bukele said to the counsel.
Over 82,000 gang members were arrested. Sadly, those who were not arrested fled to open border nations like the United States where they will not be deported because they are seeking asylum for their crimes. Donald Trump accurately said that declining crime in South America directly correlated to the rising crime we see in the United States.
But, it is the duty of each leader to put his or her country first. “We made our nation that was the homicide capital of the world, the safest country in the entire Western Hemisphere . It was the greatest challenge that our nation has overcome,” he added. The governor affirmed that El Salvador used to be the “most violent country in the world without war or the country of the maras” (gangs), but this changed with his crusade.” The president proudly noted that he has returned the streets of El Salvador back to the people.
Again, El Salvador cannot prevent the exodus of criminals from its border that are surging into the United States. Bukele would have had those criminals imprisoned, but Joe Biden and Kamala Harris have openly welcomed into America. The blatant corruption has been noted by everyone.
“In El Salvador we do not imprison our opposition, we do not censor opinions, we do not confiscate property of those who think differently, we do not arrest people for their expressing ideas,” the president said as a direct criticism to the Build Back Better nations that are openly silencing and arresting any politician who dares speak out against the Great Reset and New World Order agendas.
The nations with leaders brave enough to go against the global cabal are excelling. We cannot be angered by leaders who uphold the integrity of their office and put their own people and domestic policy first and foremost.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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
Centinel2012 