UK Threatens To Extradite US Citizens Over Mean Tweets


Posted originally on Aug 13, 2024 By Martin Armstrong |  

@c4news

Jordan Parlor has been sentenced to 20 months in jail for social media posts ‘intended to stir racial hatred’ during riots in Leeds. Parlour is believed to be the first person to be jailed for social media posts made in relation to riots across the country. #Leeds #JordanParolour #Socialmedia #riots #sentencing #crowncourt #c4news

♬ original sound – Channel 4 News

The UK government has become absolutely tyrannical in their efforts to quell mass illegal immigration protests. I spoke about how the government has already begun arresting and jailing their own citizens for speaking out against migration. A simply tweet or retweet could turn a normal citizen into a criminal. Americans have been sharing words of praise for their brothers and sisters across the pond, leading the UK government to declare that they will extradite foreign citizens for sharing their thoughts online.

“We will throw the full force of the law at people. And whether you’re in this country committing crimes on the streets or committing crimes from further afield online, we will come after you,” Metropolitan Police Commissioner Sir Mark Rowley told Sky News. Commissioner Rowley said that the ongoing protests were a result of “hate speech” spread online, not mentioning the three little girls whose senseless murders sparked the fire.

He continued by saying that anyone could be found guilty for a hate crime. “You can be guilty of offenses of incitement, of stirring up racial hatred, there are numerous terrorist offenses regarding the publishing of material,” he said. “All of those offenses are in play if people are provoking hatred and violence on the streets, and we will come after those individuals just as we will physically confront on the streets the thugs and the yobs who are taking — who are causing the problems for communities.”

For now, the UK does not have the power to extradite American citizens who are protected by the First Amendment of the US Constitution. The US government would need to comply with the UK government and hand over their own citizens to be prosecuted abroad. The two have extradition treaties that have been used in recent years to hunt down actual terrorists working with Al Qaeda and the Taliban. No one has been extradited for simply expressing a controversial viewpoint. Kamala is campaigning, and Joe Biden has been spotted on Delaware’s beaches. No one is in the White House. It is extremely concerning that our elected leaders have not spoken up for their own citizens or the very document that the US was founded upon that should award the people with freedom of speech.

Categories:TYRANNY

The European Union Threatens Elon Musk Not to Expose Europeans to Information Against the Interests of the EU


Posted originally on the CTH on August 12, 2024 | Sundance

Comrades, the European Union’s digital enforcer Commissioner Thierry Breton wrote a letter to Twitter/X owner Elon Musk today ahead of a planned interview with President Donald Trump.

Komisar Breton reminded Musk of the EU’s rules on platforms allowing information the EU does not approve of.  “As the relevant content is accessible to EU users and being amplified also in our jurisdiction, we cannot exclude potential spillovers in the EU,” Breton said.

Any information that undermines the rightful status of the elite governing authority within the EU will not be permitted. Breton added that “any negative effect of illegal content” could lead the EU to take further action against X, using “our full toolbox, including by adopting interim measures, should it be warranted to protect EU citizens from [intellectual] harm.”

[SOURCE]

Mr Musk had a rather salty response that will likely not please the governing authority in the European Union.

[Musk Response Link]

Oh dear!

The Melinda Richards Show on TNT Australia


Posted originally on Aug 10, 2024 By Martin Armstrong 

Hunger Protests in Nigeria


Posted originally on Aug 7, 2024 By Martin Armstrong 

The world has erupted in conflict as a direct result of the economy turning down. We are seeing it across the globe, from Bangladesh, Ghana, Uganda, Kenya, and Nigeria to name a few. There is peace when everyone is fat and happy but that is no longer the case in the majority of the world amid the cost of living crisis. Some places have been hit far worse than others. The Nigerian naira lost 230% of its value in the past year and is utterly worthless. Inflation reached 34.19% in June 2024, the highest level since March 1996. Food inflation alone is up 40.87%. The cost of living crisis has caused the people to take to the streets to engage in what the media has deemed “the hunger protests.”

The World Bank valued Nigeria’s GDP at $362.81 billion in 2023 and expects it to surpass $386.4 billion by 2025. GDP advanced 2.98% YoY during Q1, primarily driven by the services sector, which contributed over 58% to the aggregate. Nigeria is an oil-rich nation and Africa’s largest oil producer.

Yet, overt corruption prevents the people from benefiting. Corruption has long been a problem in Nigeria. Most recently, Parliament attempted to impeach Siminalayi Fubara last October after serving only five months in office in favor of his predecessor, Nyesom Wike. Fast forward to the entire Parliament building burning down, followed by the resignation of 27 lawmakers who defected from the Peoples Democratic Party to the All Progressives Congress. Fubara’s proposed 2024 budget led to nine cabinet members and five elected officials resigning. Government then split in half – one supporting Fubara and the other supporting Wike. Nigeria’s President Bola Tinubu overstepped by dropping all cases pending against Fubara. And basically, they have accomplished nothing but continued spending and were already knee-deep in the mess past governments have created. About 90% of the nation’s revenue goes toward repaying its debts. They have no real economic plan it place. Then leave it to government to cripple its own ability to earn. Last May, Tinubu implemented a slew of regulations and economic reforms that included ending energy subsidies and devaluing the naira.

Oh, and Tinbu approved of raising the salaries of government under his economic plan. He also found the funds to purchase a presidential yacht and luxury vehicle. He set aside public funds to renovate his own residence. All of this as the currency continued to decline while inflation rose. The people had been urging the government to remove the fuel regulations and do something, anything, to help.

The people are hungry. Their currency is worthless and they cannot afford food or energy. “Hunger … brought me out. I don’t have money to buy fuel … there’s total bad government. It’s 10 days (of rage). We’ll remain on the streets till our demands are met,” one man told CNN in regards to the 10 Days of Rage protests.

Police and protestors have met fatal ends amid these protests and hundreds have been arrested. Human rights organizations are asking the Nigerian government not to fire live rounds at protestors. The situation is an absolute mess. The president rushed to address measures by removing some taxes on food imports and raising the minimum wage but it is far too little, too late. He must step aside and allow a new government to reform Nigeria’s economic situation. The people have nothing left to lose. This is what happens when corrupt governments push the people to a breaking point.

Emergency Rate Cuts Never Work


Posted Aug 7, 2024 By Martin Armstrong 

Fed Emergency Rate Cut March 4 2020

COMMENT: Marty, it is always obvious why you were named Economist of the Decade, Hedge Fund Manager of the Year, and FX Analyst of the Year for the Swiss Peg break. As you said on the private blog;

“Let’s see but it appears that we could have a bear trap forming with a plunge into Monday but then a bounce. Monday would be a 3-day reaction plunge. There remains the risk of a bounce and then a more serious pattern forming in September.”

Your skills are renowned, but your motive is to help society. People need to know that governments and central bankers go to you because you do not charge them and have no conflicts of interest. You could keep Socrates, trade only for yourself, and make a fortune. But you care. While others claim the Fed should pull an emergency 0.25% base cut, only you point out that theory never works.

Many are concerned that you have no one to pass Socrates on, and you have toyed with the idea of going public for its survival. There are those among us who share your view and would help.

Please comment on that for society.

Paul

Emergency Rate Cut 3 4 2020

REPLY: Look, 99% of the analysis you hear on TV is nonsense. These are people who repeat the same stupid theories that everyone else does, and not a single one ever takes the time to investigate whether their statements are true or false. Be it FOX or CNN; they only allow analysts who speak the same fake analysis. They would never dare to put me on TV because I would contradict what they say and all their guests.

This is typical of what the Daily Mail just published: “Economist issues dire warning about the US economy.”

He places the blame on the Fed for keeping its main interest rate at a two-decade high since 2022 in its zeal to stifle inflation.

Those hikes are now hitting the economy hard, he said, suggesting the Fed should have lowered rates earlier.

‘I really do worry that we may lose US economic exceptionalism because of a policy mistake,’ he told Bloomberg TV, as worldwide markets continued to plummet.

Here is the last Emergency Rate Cut, which was on March 4th, 2020, in the middle of that plunge. Three days later, the market made new lows and continued to fall. NOBODY ever seems to review past actions and simply ask, did that work?

YES, I can walk into any central bank. They all know (1) I refuse ever to accept any money from any government because there will ALWAYS be strings attached. (2) I am NOT allowed to invest in any shares, for I cannot have a CONFLICT OF INTEREST when I must comply with the laws of every country because we are GLOBAL – not domestic. Normally, when the government falsely charges you, they will charge you with something else like insider trading or tax fraud. I could not have any such personal account, and instead of saying I ran a clean shop, they said, “You are one smart MF” because they could not find anything despite advising on numerous takeovers. Even after the HSBC takeover of Republic National Bank, the former head of HSBC came to my London office to ask my opinion on buying that bank.

It is impossible to deal with all the different laws internationally. In some jurisdictions, if you asked me about IBM and I had just one share, I would be required by law to reveal everything I own to the client. You cannot be an international adviser with anything that can be seen as a CONFLICT OF INTEREST.

Morgan Christendom

They came to me in 1985 when they were creating G5 and the Euro. I was the first Western Analyst to be called into the Bank of China. I have had a front-row seat to the world. I have made more than I could spend. Money does not define a person; it defines character. Contracts are WORTHLESS, for if the person on the other is not trustworthy, the contract means nothing. I grew up when your word was your bond. Before recorded phone lines, you had to honor your word, or nobody would deal with you.

It is always difficult to choose a successor. I must also consider their character. I would never take in someone from the NY bankers or Bill Gates. Money is not the issue. I like the character of Elon Musk, but this is a very difficult proposition. I have traded billions and advised on trillions. Then you finish for the day and go out to dinner, and it costs you $300. Billions are just phone numbers, as we used to say. That kind of money is only suitable for bribing others to do what you want – i.e.Gates and Soros. It cannot be spent on living expenses. It is monopoly money. It’s not “real” at that point. Accomplishment makes a man – not money.

Civil Unrest Rising in the UK over Migrant Crisis


Posted originally on Aug 6, 2024 By Martin Armstrong 

UKGirlsStabbingCrimeMigrant

Massive riots have erupted across the UK following the tragic fatal stabbings of three young girls in Southport. The girls were attending a Taylor Swift-themed dance class when a cowardly 17-year-old male, born to Rwandan parents, attacked the innocent children. The law protects the murderer over the three innocent young girls, and this preventable attack may have been the final straw for the people of the UK. Tensions between citizens and migrants were already at a boiling point. Now, the UK government is calling protests against migrants “far-right thuggery” and looking to silence dissent.

Prime Minister Keir Starmer, a World Economic Forum favorite, believes the UK should revert to “COVID-style” restrictions to prevent rioting. “Back in Covid, they were prepared to back measures that were needed in that situation and I think they would take a similar approach to keeping rioters off the streets now given the scale of damage that has been done to communities,” Starmer said while adding that the government must take “whatever measures they feel is necessary to get this situation under control.”

The people are livid and the government is willing to do anything necessary to quiet them, other than addressing the real problem. Starmer’s government has sent dogs after protestors. He has allowed authorities to punish them in ways that they never punished those protesting against Israel or other far-left causes. Every headline calls the protestors “far-right extremists” and “anti-immigration Islamaphobes.” The international press would like the would to believe that the outrage is unjustified.

What about migrant reform and preventing illegals or those with no loyalty to the nation in which they reside from continually committing crimes? Why were these three little girls unsafe in the classroom? The people want answers but Starmer won’t provide them. These riots are rampant and passion-fueled. It is estimated that rioters have already caused between £200m and £500m in damages. Over 400 people have been arrested at the time of this writing.

It is unfortunate when the masses resort to violence to be heard, but the people of the UK have finally snapped after years of begging their elected officials to close the borders. Around 672,000 illegals entered the UK in 2023 alone, with 84,000 claiming asylum. The foreign-born population reached 14.5% by 2021, and has doubled since the beginning of the decade. The open border policy never faltered when Britain left the EU.

Nigel Farage is one of the only politicians in the UK to question what is happening in his country. “I just wonder whether the truth is being withheld from us. I don’t know the answer to that, but I think it is a fair and legitimate question,” Farage stated when the riots first began. He has condemned the riots but has at least acknowledged why the people are enraged. “The majority of our population can see the fracturing of our communities as a result of mass, uncontrolled immigration, whether legal or illegal,” Farage said. “Yet to attempt to debate this in the public arena leads to immediate howls of condemnation. A population explosion without integration was always going to end badly. I have said this for many years. We must have a more honest debate about these vital issues and give people the confidence that there are political solutions that are relevant to them. A recall of Parliament would be an appropriate start to this.”

England is hardly a Christian nation as the migrant crisis has permanently changed the landscape. In the United Kingdom, for example, Islam is the second-largest religion. In fact, Muhammad was the most popular name for baby boys born in the UK in 2023. The 2021 England and Wales Census marked the first time that less than half of the population (46.2%; 27.5 million people) identified as Christian. Christianity has fallen by 13.1% since the last census in 2011. The number of people abandoning religion entirely has continued to rise as well, with 37.2% (22.2 million people) declaring they do not believe in a God in 2021 compared to 25.2% (14.1 million people) ten years prior.

Pew Research Center believes that Muslim women will have more children than Christian women by 2035, and Islam could become the most followed religion in the world. There is nothing inherently wrong with the religion of course, but it is understandable that people want to maintain their own nation’s traditions, religion, and morals.

Home Office minister Lord Hanson has warned “far-right” rioters that they will be met with the full force of the law. Yet, no politician bothers to ask WHY the people are rioting. The headlines stating that these protests are a result of islamophobia are simply wrong. People no longer feel safe walking in major cities among the Build Back Better nations. Violent crimes, especially violent crimes against girls and women, are through the roof, and none of the politicians are protecting these innocent people. The Davos crowd now rules the UK, and they have every intention of keeping the borders open.

Americans Prepared for Lasting Inflation


Posted originally on Aug 6, 2024 By Martin Armstrong 

InflationPredictedMagazine

Americans are preparing for a prolonged inflationary period, based on new data from the New York Fed. The New York Federal Reserve’s Survey of Consumer Expectations found that Americans are still pessimistic about inflation waning, with no one now believing it is transitory. The median expectation is that inflation will remain at the 3% level in 2025.

The public does not anticipate inflation tapering off in a meaningful way in the years to come. The Federal Reserve is still honing in on that 2% target but the people have lost confidence in its ability to do so. Most Americans see inflation sitting at 2.9% in three years from now, up from the 2.4% estimate in January 2024. Even in five year’s time, the average consumer believes inflation will be above target at 2.6%.

The central bank believes they can meet that 2% target. Policymakers believe inflation will fall to 2.1% by 2025 before finally reaching 2% in 2026. Amid the sell off this week, Chicago Fed President Goolsbee came out and said that the central bank will simply “fix it” if the economy continues to deteriorate.

“The Fed’s job is very straightforward, maximize employment, stabilize prices and maintain financial stability. That’s what we’re going to do,” Goolsbee told CNBC. “We’re forward-looking about it. So if the conditions collectively start coming in like that on the through line, there’s deterioration on any of those parts, we’re going to fix it.”

Unfortunately, there is not much that the central bank can do to offset government’s suicidal fiscal policy. Remember, inflation was only 1.4% when Joe Biden took office – far beneath the Fed’s target. Inflation has risen as a direct result of fiscal policies under Bidenomics.

FederalReserve 1

The Fed was unable to prevent policies that ended America’s energy independence. They were unable to stop the supply chain issues exacerbated by the pandemic. They cannot alter the weak jobs reports that are propped up by multiplying the public sector, which only detracts from overall GDP. The Federal Reserve cannot maintain diplomatic relations with America’s trade partners or prevent the likes of Japan and China from selling off US government debt. The millions of immigrants now subsidized by the taxpayers cannot be curtailed by Jerome Powell or the FOMC. Worst of all, war is the most powerful driver of inflation. The Federal Reserve can do absolutely nothing to prevent America from steering NATO into three potential battles. Our Treasury Secretary says we can afford numerous wars. The $35 trillion in government debt rises every day and those in the central bank simply KNOW that the government has no intention on paying it off – how could they?

Americans are rightfully pessimistic about the future of the economy. All the talking heads insist that the economy is thriving under Bidenomics, but we the people are living in a different reality. This is what happens when people lose trust in the government entirely.

Yellen Under Fire for Encouraging Debanking Practices


Posted Aug 5, 2024 By Martin Armstrong 

Debanking

US Treasury Secretary and establishment puppet Janet Yellen has denied the advice of her own advisors to encourage debanking practices. Twenty Republican Attorney Generals have reached out to Yellen to remind her that she is not permitted to impede with state laws to weaponize her department against the Democrat’s political opponents.

Florida Attorney General Ashley Moody declared US Treasury has “forsaken its statutory role and instead chosen to intervene on behalf of activists seeking to hijack the financial system for their political ends.”

This has been happening across the world, and instances of debanking for political purposes have reached new heights in 2024. In April, 15 AGs attempted to reach out to Bank of America over a “troubling financial pattern” of debanking Christian organizations. “Bank of America has a track record of de-banking religious organizations,” the letter states, followed by examples of banks suddenly freezing funds of Christians and churches without warning. Why? National security, of course.

Banks were instructed by government to search transactions for keywords such as “Trump” and “MAGA” to look for “domestic terrorists.” They asked banks to look for people who had purchased certain books such as religious texts. Purchased a gun? You’re a potential terrorist and threat to the government.

“The Treasury Department has once again forsaken its statutory role and instead chosen to intervene on behalf of activists seeking to hijack the financial system for their political ends. It is even more disappointing that the Treasury Department would use “national security” as cover for large banks’ abuse of power to achieve those ends,” the most recent letter claims.

All of our freedoms are revoked under the premise of “national security.” This would be akin to permitting the government to rob your house to protect you from intruders. There are state laws in place to protect the people but the federal government believes they can deny these protections in the name of national security. Florida’s HB 989, for example, is intended to protect consumers from discrimination. That law aims to protect gun manufacturers, the fossil fuel sector, religious organizations, and others who do not adhere with the BUILD BACK BETTER agenda from being denied the right to operate in America’s financial system. “No consumer or business should be denied services based on political beliefs or religious views or because of some arbitrary social credit score derived from ideological agendas,” the AGs added in their latest letter.

Again, this is a worldwide phenomenon of governments weaponizing banking institutions. The UN-backed Net-Zero Banking Alliance aims to jeopardize anyone not adhering to the climate change agenda financially. Over 144 banks have signed on board. I reported last year that a bullion dealer I personally know suddenly had his credit lines revoked. Governments genuinely believe the people are underpaying taxes by at least 35%. They want to eliminate all financial hedges against government and financially cripple those who do not abide by the agenda.

Yet another reason why all governments must go digital. CBDCs will permit governments not only to track every sale and purchase, but it will give them the POWER to prevent purchases instantaneously.

The Greatest Crash of the Century?


Posted originally on Aug 3, 2024 By Martin Armstrong 

2024 Crash_of_the_Century

For all the emails coming in: I am finishing up this report this weekend

The Real Risk Ahead

Digital Ruble 2025


Posted originally on Aug 1, 2024 By Martin Armstrong |  

Russia has announced that it will implement a digital ruble by next July. Moscow will begin using cryptocurrency for some foreign transactions to bypass sanctions and SWIFT. As of November 2024, Russia will permit crypto mining, so long as it is carried out under the watchful eye of the government.

The Bank of Russia will oversee crypto mining and overriding capabilities. The Russian government, alongside the central bank, will select mining pool participants and protocols. Gone are the days when anyone could seemingly anonymously mine crypto, as Russia is one of many nations that will begin to require complete government oversight.

Beginning on September 1, Moscow will attempt to use crypto for foreign settlements while creating a new electronic platform through the National Payment System (NPS) within the EPR framework. The central bank is already stating that it must monitor activities to “identify risks” relating to national security and terrorism. This is precisely why other nations will also begin closely examining crypto transactions to ensure that the government has the upper hand.

As for the digital ruble, all operations will go through the Russian central bank. All of the CBDC will be stored through the central bank, which they ensure is for citizens’ safety. Each digital ruble will carry a unique code, similar to a banknote, and people may transfer rubles from one digital wallet to another – all under the watchful eye of government. The decree for the digital ruble was signed into law last August, but authorities believe the average person will begin using it by 2025.

Bank of Russia head, Elvira Nabiullina, claims the digital ruble will be optional. “If they want – they’ll use it, if they don’t – they won’t. No one is forcing anybody to use the digital ruble,” Nabiullina said. Yet, what happens when the seller or buyer is only accepting digital rubles? There is some vague language about digital rubles having codes for specific usage to deter crime. Governments want control and there is no better way to control the people than usurping the money supply and what can be considered “money.”

SWIFT Banking Systems

Removing Russia from SWIFT prompted these actions. “Over 30 regulators are currently working on national digital currencies,” Olga Skorobogatova, the first deputy chairwoman of the Bank of Russia, reported. “I think that this speed, with which the regulators have delved into this field, speaks volumes about the fact that, in 5-7 years, several countries surely will step forward with their own national digital currencies. Then, we can discuss the questions of direct integration. In that case, we no longer need SWIFT, since these are different technological interactions.”

The move to CBDC was an inevitable next step. The International Monetary Fund developed a coin long ago and other nations have been working alongside their central banks for years. It will be easy for Moscow to force its citizens and businesses to make the switch as they’ve already been removed from SWIFT and have had their foreign assets frozen for simply residing in the wrong nation. There is a reasonable fear that their money is not safe.

The year 2025, one year away, will bring about the rise of countless CBDC. The ultimate goal is to create one centralized currency. We saw that it epically failed in Europe as those nations are now under the control of the One World European government, the unelected officials in Brussels who silence their own member states from dissenting. Yet to begin, nations will begin pushing for the use of digital currency before outright canceling “hard money” under the premise that they are protecting their citizens. In all actuality, the elite believes all the money in circulation belongs to them, and the only way to guarantee maximum taxation is to transition the people to a controllable, non-tangible monetary system.