Unemployment & Velocity


Armstrong Economics Blog/Economics Re-Posted Feb 11, 2021 by Martin Armstrong

The Democrats are really destroying jobs and the economy in order to bring about Biden’s Build Back Better agenda created by Klau Schwab. They are deliberately trying to destroy jobs that they think threaten the environment which will result also in higher heating bills for people in the very northern states that are so Democratic. The effort to shut down Pipeline #5 which feeds much of Michigan with natural gas from Canada will leave people freezing in the winter with no viable green alternative.

Germany rejected nuclear power after the Japanese problem. Then Merkel has put the country on wind and solar reducing coal all for the green agenda. But as our models have been warning, we are NOT headed into global warming, but toward global cooling. This introduces a serious problem. During severe winter storms, wind declines and temperature plummet. The expansion of wind power in 2020 has resulted in the collapse of Renewable Energy production to its lowest level since the introduction of the Renewable Energy Act (EEG) in 2000. As solar panels are buried in snow and the lack of wind, Germans are having to bear a very cold winter yearning to bring back coal production and nuclear. What may sound good in theory,  like equality for all under Communism, results in a very different outcome.

The stark collapse in the velocity of money reflects the real expectations of the future. With Biden taking the White House, international capital simply does not believe the election was fair. The doubt about Biden really winning the election seems to be even stronger outside the United States than within based on all the emails we are getting. This lack of confidence is what we are witnessing in the stunning collapse in the velocity of money. That decline from 2007 subsided and began to improve with the election of Trump. But as the Pandemic was created, that velocity took a nosedive that looks more like the collapse of the monetary system of Rome during the 3rd century AD. This collapse has been simply unprecedented thanks to this politically manufactured pandemic.

The Swamp Strikes Back


Armstrong Economics Blog/Conspiracy Re-Posted Feb 11, 2021 by Martin Armstrong

The movement against capitalism is very broad and the politicians have caused this crisis to further their agenda. Governments were shaken by the election of Donald Trump in 2016. That is why they have brought this impeachment – they are trying to drive a stake in the heart of democracy which they call “populism” for we are too stupid to know who to vote for.

They have had the audacity to even claim that this pandemic has created a further gap in inequality so they must avenge the poor, who they deliberately made poorer knowing they can not work remotely. Kristalina Georgieva, managing director of the International Monetary Fund board member of the World Economic Forum with Schwab. Her lack of impartiality is deeply disturbing. She says neoliberalism has failed. With every breath, she pushes for the end of democracy.

She now supports the surrender of all liberty as he hinted at the WEF and clearly said that “unless capitalism globally brings people closer together, we won’t be winners after this crisis.” She added that the pandemic had widened the gap between wealthy and poorer nations and that global cooperation on addressing a crisis that knew no borders was “not up to par.” But it has been the very lockdowns that has destroyed our culture. There are studies showing that these lockdowns have been ineffective. Indeed, never before in 6,000 years of recorded history has any government EVER shut down its entire economy because of some disease. There is absolutely NO historical precedent that any such measure has EVER be used. This has been a huge experiment by the left to take control of the globe counting on the stupidity of the majority to just follow orders as the Nazis defended themselves at the Nuremberg trials.

Hospitality is dead because they do not people traveling for that will add to CO2 and pose a risk of revolution ios people are allowed to freely communicate. That’s where BigTech comes in to shut down free speech. Theatre and the arts have been wiped out. Even fashion shows have come to an end.

They have terrorized people with this virus with a kill ratio of only 0.028% far below the 1918 Spanish Flu which was nearly 3%. The birth rate has collapsed even by 15% in China in 2020. If the sheep do not wake up and very soon, they will see only with hindsight what liberty once was. They desperately needed to create this Pandemic because unemployment under Trump reached a historic post-Depression low. The only times unemployment was lower was during war. Capitalism was improving and even black unemployment reached a historic low.

Even in the United States, the Democrats’ victory is razor-thin holding just 50.4%. The left was losing so they needed so desperately to create a false narrative or risk forever collapsing. We have plenty of readers who were once behind the Iron Curtain. They fear more than anyone for they see what took place there is unfolding right here. I cannot stress enough that beware of QAnon. I believe this is a false move intended to draw out people who would resist the take over by the left. Anatoliy Golitsyn was a former KGB officer who defected. He exposed fake dissents to the West which were a ploy of disinformation.

Golitsyn’s book is very good at explaining what I have been warning about. They create fake movements to draw out opposition and identify who they are. He wrote:

The Soviet security service was reorganized, renamed the OGPU, and given new political tasks. It was directed to mount disinformation and political operations. False opposition movements were set up and controlled secretly by the OGPU. They were designed to attract to their ranks genuine opponents of the regime inside and outside the country. These innocent persons could then be used by the regime in various ways. They could act as channels for disinformation; they could be blackmailed and recruited as agents; they could be arrested and given public trials. A characteristic, but not unique, example of this technique is provided by the so-called “Trust” operation.

This entire Impeachment is organized by the Swamp for the sole purpose to strip Trump of the right to ever hold office again. This is a democracy they are trying to prevent. I have stated many times that when Ronald Regan was elected, he was a mere governor they considered in Washington to be an “outsider” and thereby not trustworthy. When he was elected, the word was that they will have to “train” him to reduce his threat to the swamp. This is why they hated Trump so much and this included Republicans like John McCain. It was McCain who handed the fake dossier from Hillary to the FBI to start the entire Russia conspiracy. I have stated plenty of times that it was the Clinton’s behind the bankers’ attempt to take over Russia and blackmail Yeltsin in 2000 which ended up resulting in Yeltsin turning to Putin. That is why Hillary claim it was a retaliation of Putin against her in 2016 to put Trump in the White House.

This entire impeachment is the Swamp trying to prevent Trump from ever running again. If he was criminally charged he could still run for president. That is not a bar to an office like Nelson Mandella. They will always imprison people on fake charges to stop them politically. Impeachment is the ONLY way to prevent Trump from running so that is what is going on here. This is the Swamp Strikes Back.

Green Protectionism


Armstrong Economics Blog/Economics Re-Posted Feb 11, 2021 by Martin Armstrong

The world bashed Trump saying America First was protectionist. Those at the World Economic Forum were vehemently against him and his policies. Well now we have the rise of protectionism but instead of America First, it is now Green First. Britain’s ruthless Boris Johnson who is in bed with Gates, Soros, and Schwab, figuratively I hope, is now pushing at the next G7 summit Climate Tariffs, arguing that climate sanctions are now necessary to save the planet which is interestingly strangely connected to him destroying jobs and offering free education to retain people I suppose to make solar panels.

This is the same nonsense coming from John Kerry. These people are deliberately using the COVID fake pandemic with a kill ratio of only 0.028% to destroy jobs to redesign the economy as green. They say they’ll create millions of jobs,  but leave out the part that they will destroy far more jobs. They expect people to retain, but employers may not even be available in their area. So they are supposed to sell their home, move, and hope they get employed and make the same amount of money.  You can’t make up this level of stupidity!

By the time the sheep wake up and get it, they will make 2022 a very memorable year – politically – around the world!

Superbowl & Florida – Thank God!


Armstrong Economics Blog/Disease Re-Posted Feb 9, 2021 by Martin Armstrong

People have written in to ask how was the Super Bowl. In Florida, we are EXTREMELY lucky to have a republican governor DeSantis who has saved the state from the draconian antics of the Democratic States. He allowed us to hold our World Economic Conference and we did not have to wear masks in the room or at the cocktail party. I did not get COVID nor did any of my staff. Florida has beat every state that lockdown, destroyed the businesses, wiping out culture that will never return to New York City. Our death rate was less than in New York and we did not have a governor who ordered COVID patients to be sent into nursing homes killing untold seniors, and then Governor Cuomo bans prosecuting nursing homes for killing family members while others have tried to sue him for abuse of power. Cuomo has tried to hide the deaths he caused by ordering COVID patients should be taken into nursing homes. The number of deaths may be underreported by as much as 50%. It is amazing Cuomo is not dragged out of office by his feet. I am so glad I moved to Florida.

The crazy anti-freedom press and Democratic states point out the governor had no mask. He said how was he supposed to have a beer? Nobody in the press will dare investigate if masks do anything. The box I bought states clearly it will NOT prevent any disease. So what all of this nonsense?

One email said of the vaccines prove to be lethal after a year in the next viral season, it will reduce the population of the progressives and at least make Gates’ day until he realizes he exterminated the sheep. I had a routine visit to a doctor yesterday and they asked if I wanted the vaccine. I said no way! I told him my cousin was a front-line Nurse in New Jersey who caught COVID, got over it, and then was ordered to take the vaccine. She had a stroke after the first dose, recovered, and then refused the second. He then said there are adverse reactions in some people. My response is yes, but they will not do the proper research to determine who should not be given the vaccine. Skipping the animal trials and using people violates the Nuremberg agreement to ban human experimentation.

DeceptiCons Perplexed, President Trump Support Not Waning – Retribution to GOP Increasingly Likely


Posted originally on the conservative tree house on February 9, 2021 by Sundance

Interestingly Politico is picking up on a fear amid the GOPe (establishment) that President Trump will likely not only survive the second insufferable impeachment effort, but he is likely to exit stronger than ever…. and that means retaliation against the DeceptiCon class of republicans.

This is the blind spot of the UniParty, their inability to see that smart Americans have identified their motives and are prepared to destroy them.

This is the aspect CTH warned about the day after the November election.  The GOPe is so fraught with elitist perspectives, it continues to assemble as a hopeless echo-chamber,  and they never see what is happening at the grassroots level in Middle-America.

(Via Politico) […] Not even Trump’s closest allies can believe the turn in fortunes. “He’s Teflon, right. It’s been a month since the Capitol riot and I would say, for the most part, the GOP has coalesced back behind him,” said a former Trump campaign official.

[…] Already, Trump aides contend, the impeachment process has proved beneficial to the ex-president — exposing disloyalty within the party’s ranks and igniting grassroots backlash against Republicans who have attempted to nudge the GOP base away from Trump.

Nebraska Sen. Ben Sasse spent last week fending off constituent criticisms and censures from state party officials after he compared Trumpism to “a civic cancer for the nation.” And Trump’s allies believe the ex-president’s impending impeachment trial will further illuminate who the turncoats are.

“It’s going to help expose more bad apples that he can primary if any senators vote to convict,” added the former campaign official.

While ensconced at his Mar-a-Lago club in Palm Beach, Trump has remained in touch with political allies and advisers. But he has intentionally kept a low profile, something that will likely continue this week.

A[…] ides expect that to change once the trial wraps up though, with Trump gradually reemerging in public and turning his attention toward seeking revenge against Republicans who, he believes, crossed him after he left office.

The format in which he pursues retribution is less clear. (read more)

If President Trump takes the MAGA army into a new political party of his choosing, that new party is structurally set to lay waste to any candidate within both wings of the Democrat and Republican assembly. A Trump inspired political party can wipe out the illusion of the Democrat/Republican two-party system; specifically because much of the Trump movement consists of former democrats and brand new voters.

The MAGA coalition is the most diverse, widest and deepest part of the entire American electorate. President Trump’s army consists of every creed, color, race, gender, ethnicity and orientation. It is a truly color-blind coalition of middle America patriots and middle-class voters that cuts through the political special interest groups.

Quite simply Trump’s MAGA army is the ultimate political splitter party.

Additionally, no republican will ever hold office in the next decade without the blessing of President Trump; and President Trump could lay waste to the system if the GOP acquiesces to the transparent fraud that exists behind the Biden-Harris sham.

Beyond the politics… this 75 million vote assembly are consumers of products, goods and services generated by the same elites that hold them in contempt. If President Trump transfers and directs that energy, entities and even entire industries can be wiped out.

There is no precedent here. Seventy-five million angry Americans resolved to a common objective is not something to be trifled with.

We do not yet know where this current political crisis and ongoing battle is going to end; but we do know that 75,000,000 Americans will not accept the outcome of a political process transparently filled with fraud and manipulation. That makes President Trump a very dangerous entity to the DC system, regardless of whether they admit what surrounds them.

There is no reference point for 75 million Americans being disenfranchised by Wall Street, bribery, corporations, media and big tech. That 75 million person army is fuel for a stunning and cataclysmic shift in the American landscape.

Secede Or Die


Re-Posted from GrrrGraphics.com FEB 5, 2021 AT 10:36 AM

The first editorial cartoon published in America was said to be penned by Benjamin Franklin himself. Its title, “Join or Die,” was used as an inspirational meme during the Revolutionary War. The early American states had to combine in order to defeat British tyranny. 

Now we have an illegitimate regime in Washington D.C.

After stealing the election, the Democrat Socialists are now coming after Trump supporters, whom they consider ‘terrorists.’ They lie and say we are trying to kill them while they actively marginalize roughly half the country as enemy combatants. They’re even censuring a lawfully-elected representative, Marjorie Taylor Greene. Even many of her fellow Republicans (RINOs) have denounced her. Why? Because she supported Donald Trump a bit too vociferously. 

As socialists, the Democrats naturally hate Christianity. It’s predictable. They want to destroy our culture, our economy, and our freedom including freedom of religion. Yes, that will be extinguished too. Communists want to be worshipped and they will permit only their own religion, the worship of the state.

The Biden regime is quickly undoing President Trump’s accomplishments, while telling us we need to wear two to three masks at once. Biden and his comrades love the masks because they are symbols of submission–even though they do more harm than the virus itself. Masks cause bacterial pneumonia and impede oxygen flow to the brain. It’s not about health, though. Not really. What the socialists want is medical tyranny. They want us to pay for unlimited and even late-term abortion even if we disagree with the practice. They want us jabbed with deadly vaccines containing aborted fetal tissue. It’s not science, it’s ghoulishness.

They want to destroy our economy—especially our oil industry. They want open borders. Those in power are globalists, not nationalists. They talk about spreading ‘democracy,’ which really means they want to spread socialism. They have destroyed our Republic.

They have also destroyed our free speech and now they want to take away our guns. One way is through ‘licensing,’ which involves getting evaluated by government psychiatrists who will judge our mental competency before granting us the right to own a firearm. My guess is they will be very picky about doling out approval—especially to conservatives. Regardless, we all already have a license—it’s called the Second Amendment. The socialist control freaks are constantly working to infringe upon it.

What the socialist Democrats are doing is far worse than what we rebelled against with the British.

Therefore, the best solution may be ‘un-join and live.’ States should consider seceding from the unrecognizable and incredibly corrupt political hot mess that used to be our country. Why send money derived from our hard-earned labor to traitorous criminals back east? Why let our young citizens get sent to insane foreign wars to fight and die in order to fatten the wallets of the military industrial complex? Why pay money and respect to corrupt security agencies, courts, and politicians who hate us and deserve our contempt? Why be chained to the evil Federal Reserve?

Yes, the time has come for the red states to secede. Perhaps Montana can join with the Wyoming, the Dakotas, Idaho, as well as the eastern parts of Washington and Oregon. We can use gold and silver as a basis for a new currency. Northern California can separate from the insane leftist Hell scape that Southern California is becoming. Maybe states in the south such as Arkansas, Kentucky, Tennessee, Alabama, and West Virginia can all work together as well.

The key is getting ONE state to start to the process and that needs to be Texas. The Lone Star state should seceded and regain its independence. The Republic of Texas! Now that has a good ring to it.

Secede or Die!

Sweden Moves toward COVID Vaccine Passport


Armstrong Economics Blog/Regulation Re-Posted Feb 9, 2021 by Martin Armstrong

COMMENT: Hi

Sweden on their way to vaccination passport

Denmark is also on its way to introduce the passport too.

Ready by summer.

Take Care

C “trapped in Sweden”

REPLY: I really appreciate the readers providing sources from around the world. I really have to wonder if politicians are just following because of peer-pressure because they are spineless, or are they starting to see Schwab’s big picture as the light at the end of the tunnel of insurmountable debt and the politically correct way to default. It just makes no sense that the death toll is 0.028% with COVID, no worse than the 1968 flu, and nowhere close to the Spanish Flu of 1918 at nearly 3%. Can they really be this stupid to shut down the entire world economy?

Just Say No


Armstrong Economics Blog/Opinion Re-Posted Feb 9, 2021 by Martin Armstrong

I have stated that my cousin was a front-line nurse. She caught COVID and got over it. The hospital made her get the vaccine. After the first dose, she had a stroke. Fortunately, she has recovered. She has now refused the second dose. Another friend whose son-in-law works in a hospital was ordered to take the vaccine. He was in his 30s. He ended up violently ill for about one week. This entire drive to mandate vaccinations is political. The death toll is less than 0.02% compared to nearly 4% for the 1918 Spanish Flu. This very dangerous man is saying that 75% of Americans need to be vaccinated before we can return to normal.

We also have Fauci now appearing with the World Economic Forum promo for the Great Reset now saying “inequality” has to be fixed. Where is this in his portfolio of expertise? Those who claim anyone who is against him is a conspiracy nut is very curious because they are refusing to tell the truth about anything. Nearly 40% of the people in France and 23% in Germany say they definitely or probably will not get vaccinated against Covid-19, as reported by the Guardian. In Italy, it was 12% and in the UK it was 14%. Over in the Netherlands, it was at 17%. Meanwhile, 57% of people from minority ethnic backgrounds say they will get the vaccine.

Then we have the Biden Adinitration saying even if you are vaccinated, you still must wear a mask and social-distance. So what is the point of the vaccination?

Fauci made it clear at the outset that a mask will not prevent you from getting the disease. Indeed, when I went to the doctor and said I did not even know anyone with COVID, they said I could have gotten it from pumping my own gas. These people av deliberately destroyed the economy for climate purposes – not for a virus.

Now we have Mark Carney who previously served as the Governor of the Bank of Canada from 2008 until 2013, and was the Governor of the Bank of England until March 2020, come out and said that more people will die from Climate Change than COVID so it is a far greater crisis. Carney is an economist and a favorite at the WEF. Every person who is coming out about this is tied one way or another to the WEF.

However, we then have Biden’s climate czar who tells us we will NEVER return to normal. I am sorry. The one thing I have come to understand is that those in government NEVER tell the truth. This virus has been used for political purposes because they follow Schwab’s global agenda to end capitalism as we know

Kerry is a Davos-Man. What he is saying is that we need to surrender sovereignty to the United Nations becau7se no single country can fight climate change. This is why Schwab says in his promo that the United States will no longer be a superpower – it will be shared and controlled by the Uni8ted Nations which is George Soros’ dream.

Schwab now has his strategic placement in all Western countries and the destruction of jobs and the Great Reset is in motion without even allowing the world population to vote on the changing of the world economy. They expect miners to suddenly manufacture solar panels, yet there is no consideration if there is even such employment available in their area. Do these people have to sell their homes and migrate in hopes of finding a job? It is easy for these elites to just come together and pontificate when they have never worked with their hands or ever had to really work for a living in the real world.

They have turned Washington into a military fortress. They claim it was to prevent Trump supporters from invading again. That did not happen, so now they will continue to remain they are staying into March because of the Trump Impeachment trial. I seriously doubt we will see Washington itself ever return to normal. Biden is even now promoting that Washington DC should be admitted as the 51st state.

The Patriots are no longer in Washington. They are the enemy from Washington’s perspective. Unfortunately, the computer will be right to my disappointment. The USA will break up and will never be the land of freedom ever again. What these people are doing is tearing down every piece of fabric that once made the United States the land of opportunity and the beacon of liberty in the world.

You may think that what we are going through is unique. History repeats because the corruption in government always unfolds. This quote that people have been attributing to Plato for 150 years or so, but I cannot locate in his works. It appears to have been made up by a man running for president in 1872. George Francis Train campaigned to become President of the United States, and a collection of his speeches was published under the title “The People’s Candidate for President, 1872.” Accordingly, Train caused quite a sensation when he said this quotation.  What is interesting is that this did reflect the sentiment at the time. It did not fit Plato since he was the one running schools in Athens back then. Nevertheless, we could make it up again today and once more call it strange times when anyone who disagrees with CNN should be taken off the air and labeled as a conspiracy theorist.

The Devastation of Lockdowns – Freedom is now a Luxury


Armstrong Economics Blog/Economics R-Posted Feb 8, 2021 by Martin Armstrong

When we look at 2020, it will be a year most prefer to forget. Overall, productivity decreased 4.8% in Q4 2020 while unit labor costs increase sharply by 6.8% (annual rates) which is fulfilling what Socrates has been forecasting that this wave into 2024 will be inflationary. The December 2020 jobless rate was up over the year in 379 of 389 metro areas while what was really interesting is that payroll jobs were down in 232 metro areas.  When we turn to compensation costs, that rose by 0.7% from September 2020 to December 2020 and it was up 2.5% over the year ending Dec 2020. Meanwhile, Gross job losses 20.4 million and gross job gains 5.7 million in the 2nd quarter of 2020. (see Bureau of Labor Statistics).

To put this in proportion, the total employment in government is about 21 million (Federal, State, Local). Therefore, the proportion of the UNPRODUCTIVE workforce is staggering (unemployed + government). The total civil workforce is about 160.57 million people in the United States. Therefore, the total UNPRODUCTIVE portion of the civil workforce is really comparable to 1932 and is now standing at about 25%. (far fewer people worked for the government in 1932 pre-New Deal)

The damage of the lockdowns which are really for climate change since Florida had fewer deaths with minimal lockdowns compared to New York which was virtually imprisonment. There are many studies showing lockdowns have failed. Freedom has become a luxury for the elite exclusively. Washington has been militarized because they fear a revolution when the sleeping sheep awake that this Great Reset is all about transforming capitalism into full-blown socialist authoritarianism and changing our way of life by incremental lockdowns that always manage to be extended.

Our greatest problem is that these world leaders are deliberately destroying the Western Economy and are clueless as to even how you would build back better and how long will it take to create this fictional world that they have been sold coming out of the World Economic Forum orchestrated by academics with no practice experience to accomplish something that has NEVER been done since the failure of Marx and his utopian vision of Communism. Who will direct the build back? Bureaucrats with also no practical experience.

Those who have questioned our computer forecasting the shift from the West to Asia and China will become the #1 world economy and the new Financial Capital of the World, better wake up and smell the coffee. Our computer will be ABSOLUTELY correct and this is by no means my personal desire nor opinion. If you want to prove me wrong – then get off your ass and be heard. Otherwise, start learning Mandarin.

Where Have All Ethics Gone?


Armstrong Economics Blog/Ethics Re-Posted Feb 9, 2021 by Martin Armstrong

COMMENT: You don’t suppress treatments, touted by frontline doctors, that have a very high success rate in a real pandemic.
That the AMA still hasn’t rescinded its stance, after some people say it did, is being almost celebrated by the media “fact-checkers” who don’t want to know the truth, instead of seeing how damning that would actually be.
I guess like many politicians, doctors, and journalists they are trapped within their own lying system. The father of all lies would be proud of them!

A

REPLY: I know a pulmonary specialist in a major hospital and they do use the recommendations of the Frontline Doctors. He told me that was all they had to help patients.