Is the US Sacrificing Europe to Maintain Global Dominance?

 

Posted Sep 8, 2022 by Martin Armstrong

Vladimir Putin believes that Washington is sacrificing Europe to maintain global dominance. The United States has always been the world police, and the top country that others turn to in times of crisis. America’s post-World War II status left it as the financial capital of the world, and the dollar has remained the world’s reserve currency. Nothing has topped the dollar.

Europe attempted to create the European Union in an effort to prevent European conflicts, but it also created the euro to compete against the dollar. I explained various times how their attempts have failed. However, the euro is now beneath the dollar and on the decline. Nations maintain diplomatic relations, but only Schwab wants a one-world government as everyone is competing for global dominance.

Putin claims that the West rushed to place sanctions on Russia. There was indeed a rush to place sanctions on Russia despite Joe Biden himself coming out and admitting sanctions never work. Peace talks were never an option. Returning land or promising to curtail NATO was never an option. Sanctions and threats were immediately imposed. Why?

“The pandemic has been replaced by new challenges of a global nature, carrying a threat to the whole world, I’m talking about the sanctions rush in the West and the West’s blatantly aggressive attempts to impose their modus vivendi on other countries, to take away their sovereignty, to submit them to their will,” Putin told delegates at Russia’s Eastern Economic Forum in the port city of Vladivostok on Russia’s Pacific coast, as reported by CNBC.

It is true that Europe is facing the brunt of these sanctions as they sacrificed their main supplier of energy to save a nation with a GDP of roughly only $200 billion. Europe did not want to allow Ukraine to join the euro, and they had no interest in the country prior to this conflict. The hatred for Russia runs deep in Europe, especially in Germany after Russia took hold of the east after the last World War. The politicians are certainly old enough to remember when Germany was split in two until 1989. There is a reason Russia’s integral support for the axis powers during World War II is diminished in Western history books.

Putin went on to say that the standard of living in Europe and overall social and economic stability was “being thrown onto the fire of sanctions.” The United States has been eager to sanction Russia since the war in Syria began. Obama tried but failed to kick Russia out of the SWIFT system in 2014, with Christine Lagarde offering her support. Zelensky, who rand the NYSE bell this week remotely, admitted that he needed America to place harsh sanctions on Russia to accelerate the war.

“So far, I think that the United States of America is the accelerator of the sanction policies and I think they do more than any other country. And this is the way it should be because they are the most powerful country right now. I see the same support with respect to sanctions from the United Kingdom,” Zelensky told reporters at Fox in May.

The dollar remains strong and is the last safe haven. The war in Ukraine has only promoted capital to rush into the dollar. So is Europe “being sacrificed in the name of preserving the US dictatorship in global affairs,” as Putin claims? Europe will suffer more than the United States due to these sanctions. In fact, had Biden not eliminated domestic oil production, the US would not be facing an energy crisis at all. One thing is clear – the support to Ukraine is not an act of kindness. The invisible hand is at play

Liz Truss Becomes PM – Dark Day for Britain

 

Posted Sep 5, 2022 by Martin Armstrong

Liz Truss has been made Prime Minister of Britain. This was expected, but also the darkest day possible for Britain. Previously, UK Defence Secretary Ben Wallace had backed Liz Truss’ view that Russian forces must be pushed out of “the whole of Ukraine” – and suggested this should include Crimea. Even the Guardian at the time had accused Liz Truss’ position was “recklessly inflaming Ukraine’s war to serve her own ambition.” Meanwhile, in Russia, this was playing out on TV endorsing World War III.

Everything that can possibly point to war is unfolding before our eyes. There are no peacemakers left in the world. Every leader appears to be pushing for war because the monetary system is cracking. Those who think that Russia starting its own gold market will eliminate the manipulations in London do not understand what is taking place. This is the dividing of the world economy that simply follows removing Russia from SWIFT and joining with China to make CIPS the leading global platform for international commerce. This is not about gold prices in Russia v London. This is about the end of GLOBALIZATION and the world economy so carefully constructed post-WWII.

The leaders in the West have been borrowing year after year with no intention of ever paying anything back The lowering of rates to negative in Europe in 2014 undermined the pension funds in Europe as they are effectively insolvent in most cases if they stuck to Euro debt. The Scandinavian funds are outside the Euro and while some struggled to pretend to be “green” they did their best to limit those losses.

When we look at British Politics, it appears that there will be a big shift in 2025. Look off to 2031. That is where the computer is picking up a Panic Cycle, which is corresponding to 2032. As I have warned, the risk of international war appears to be unfolding post-2024. And as far as that inflation goes, it looks like all the sanctions on Russia have backfired. Yet no Western politician will dare tell the truth. And they are now going after farmers? We are staring at serious civil unrest rising globally next year for these brain-dead WOKE politicians who are destroying our way of life.

When the West has fallen, you will then see Russia and China become foes.

 The World According to Schwab?

Posted Aug 25, 2022 by Martin Armstrong

QUESTION:  Dear Mr. Armstrong,
First, thank you for all the wonderful work you do. I have been following your blog for many years and am always amazed at your insight and historical knowledge. I had a question regarding your assertion that the WEF/ Globalists will not win. I am assuming you mean that their vision of a worldwide Chinese-style technocracy run by the United Nations will not take hold. But if we are also looking at the certain breakup of the United States from which there is no turning back, a defeat in WWIII with China and Russia as they win and rise to be the main players on the world stage, are we not losing everything, anyway?
How will we ever hope to restore peace, liberty, democracy, and prosperity as most American citizens understand it if China and Russia end up controlling everything, and our country is left permanently fractured and therefore weaker?
Again, thank you for everything you do to help people understand what’s coming down the road. Your insight is always invaluable.

EM

ANSWER: All we can do is look at history. As my mother used to say, “There’s a time and place for everything.” What we are looking at is simply the natural cycle of the rise and fall of nations. Schwab will fail with Soros, and their dream of a one-world government is absolutely stupid, and it illustrates that both are totally ignorant of history or humanity. Just look at Congress. They vote on party lines. There is no agreement, and you really expect that the world can be brought to a one-world government?

 

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The EU is not working, and that was the very same theory. The old tensions and distrust go back centuries in Europe. The Germans refused to join if all the debts were combined, and now you have countries complaining that one pays more in interest rates than another. Here is the former head of France stating in Parliament that the entire idea of the EU was that this one-European government would end all European wars. This was pushed by Schwab and Soros.

The EU Commission came to our 1997 WEC in London. I warned them that this would fail without the consolidation of the debts. They said that they just had to get the euro in and then worry about the debts later. I tried to explain the crisis to Kohl, but he would not listen. He would not even put joining the euro to a vote, knowing that the German people would reject the whole idea.

 

When Rome fell, it broke up into fiefdoms. The barbarians issued coins that imitated that of Rome. They pretended to be Roman, for they wanted the air of that civilization. There was no unity — all separated enclaves. It was not until Charles Martel (c. 688–741), who established the Caroline dynasty, where Charlemagne (747–814 AD) was eventually crowned as Emperor of the Holy Roman Empire by the Pope. Do you see the trend to create unified states once more?

Therefore, following the collapse of Rome, it was the typical cycle of 31.4 x 8.6 years = 270 years before we began to see the rise once again of formal civilizations. Europe had broken apart into simple fiefdoms that were not united. The unification came only because the Arabs began to seek the conquest of Europe and Charles Martel began to rise up to defend when became Europe once again after the Battle of Tours. He unified the Franks into a nation-state.

When Charles died, he divided Francia between his sons, Carloman and Pepin. Charlemagne came to power under Pepin. Pepin’s death opened the door to civil war as the conflict between his heirs and the Neustrian nobles who in turn sought their own political independence.

While the silver denier became the coin of Europe during the 8th century, it was not until the 13th century that we see gold reemerge as coinage. In actual Europe, that took nearly 800 years to pass before gold coinage reappeared.

However, after the Great Monetary Collapse of gold in the Byzantine Empire in 1092, it took 172 years for good gold to reappear in Europe. When Constantine founded Constantinople in 330 AD and moved the capital of the Roman Empire from Rome to his new city, which is now Istanbul, the seat of power shifted from Byzantium back to Europe. That interval was again about 800 years.

Columbus was trying to get to India, which was the financial capital, for it moved to Asia after the fall of Byzantium. That is why he calls the Americans “Indians.” He chose the wrong Greek mathematical who thought the world was round but smaller than it actually is. Columbus’ discovery of America was by sheer accident.

The West will fall and fragment. I do not see the US being occupied by Russia and China. There will be no one-world government. That is NEVER going to take place. Even in the aftermath, when the West has fallen, you will then see Russia and China become foes. Cycles are inevitable. So the world, according to Schwab, is the dream of a fool who ignores human nature and history.

Sleepwalking into Our Own Demise

Posted Aug 12, 2022 by Martin Armstrong

COMMENT: I was there on the staff of _____________ when you were on Capitol Hill. It was Dick Army who told you he could not support Bill Archer’s retail sales tax because when the Democrats gained power we would have a retail sales tax and an income tax. I found your piece on Europe sleepwalking into its own demise. I’m sure you remember me, but it was Dick Army who said you knew about cycles and the tax reform would fail. You have been saying longer than I can remember that the euro would fail and that the WEF’s dreams were unrealistic. Now with the raid on Trump, it seems that the conspiracy theories that the DOJ, FBI, CIA, and NSA all conspired to make sure he would lose in 2020 are perhaps once again surfacing. When do the cycles point to this madness erupting?

Been reading you for years.

Thank you so much for your views.

SH

REPLY: Nothing is ever permanent. There is a cycle to everything. These people who think that they can remove Xi in China and Putin in Russia and the people will rejoice and celebrate American troops marching down the streets of Moscow and Bejing in some ticker-tape parade are not just unrealistic, they are the instrument of our destruction. This was the same theory behind removing the dictators in the Middle East. They just talk to each other and convince themselves that their ideas are correct and then act on them. I warned back then that it was a different culture and deeply divided in religion. They wanted to believe they were right and refused to listen to any opposing view. This is the very same thing. Anyone familiar with history knows that there will be no smooth transition and you cannot control the advancement of technology. Only CURIOSITY and FREEDOM provide that key element and Klaus Schwab is a control freak and he thinks he can direct his 4th Industrial Revolution. He will destroy the world economy just as the central planning did in Russia.

We have entered a very dangerous era. There is no better example from history than that of the fate of Julius Caesar. I explore you to read Anatomy of a Debt Crisis. This is the key to the background of even why Caesar crossed the Rubicon and why they assassinated him. He too was draining the swamp. This is also why they are attacking Trump everywhere they can. You have democratic AGs in states trying to put him in prison. This is all about desperately trying to prevent his return. What they do not understand, was the fact that I had been asked to try to talk Trump out of running in 2024 and if I would advise DeSantis. I declined. But the point was that the Republicans did not want Trump to run for they thought he was too controversial. This raid on his house has now caused a rally to his side. Now the people KNOW he is not one of them in Washington. Even many Republicans have been silent about this raid.

It is true that Julius Caesar crossed the Rubicon on January 10, 49 BC (49.02) to purge the corruption in the Republic, but corruption resurfaced. Because he forgave his enemies, they conspired and assassinated him on the Ides of March 44 BC (44.20), just 4.82 years later (250.6 weeks, 62 months). That resulted in another civil war. Even Brutus issued coins announcing roundly that he killed Caesar on the Eid Mar (Ides of March 15th). This shows his delusion that he really thought the people would cheer him, but he was wrong. He and the other assassins fled Rome for the people did not support the Senate which was too corrupt as we now have in Washington.

Following the defeat of Mark Antony and Cleopatra at the Battle of Actium in 31 BC, because Cleopatra was trying to use sex to conquer Rome, the people even turned against Mark Antony. Octavian became emperor officially with the title Augustus on January 16, 27 BC (27.04) after the defeat of Egypt. The coins issued by Octovian proclaimed Egypt was Captured – not that they defeated Mark Antony since he was a Roman.

The Julian Claudian dynasty ended with the death of Nero on June 9, 68 AD (68.43), lasting 95.47 years in its entirety. Thus, there is never a permanent new era. There are cycles to everything, and forming the EU was also not something that would endure for 1,000 years and more than the Julio-Claudian Dynasty of Rome. This is also true of the United States. We have run the course for a Republic and we will face tremendous upheavals in the years ahead into 2032. There is even a risk that there may not be a 2024 presidential election. That would mean a collapse of the Constitutional government. Yet there are also people suggesting that Pelosi flew to Taiwan because Biden will step down and Harris would step aside meaning that Pelosi would become president until the end of the term in 2024.

There are many fools who really think this New World Order will magically unfold and the dreams of Schwab will be realized at last. There is absolutely NO evidence one may find from history that would EVER suggest that there will be an orderly transition to some new economic system. It has NEVER happened even once in 6,000 years of history. The sanctions imposed on Russia that justified confiscating private assets have not just violated international law, it has divided the world economy and put an end to globalization. By any way we slice this, the foundation of Western ethics and economy has come to an end. We must begin to prepare for a new form of government post-2032. We are indeed sleepwalking into our own destruction of everything that was built post-WWII.

The Decline & Fall of the United States

 

Posted Aug 9, 2022 by Martin Armstrong

We now stand on the precipice of the Decline & Fall of the United States. It will soon be time to turn off the lights. Neither political party has EVER violated the post-term immunity of former presidents that has distinguished America from every corrupt two-bit government pretending to be democratic while imprisoning their political opponents. It has been that guaranteed that the has created the union of 50 states and secured the country’s politics would remain civil whereby the power was always a peaceful transition from one party to the other.

It does not matter if people hate Trump and will rejoice to see him in prison just because. The respect not to weaponize the rule of law for political purposes has been the very precedent that caused President Gerald Ford to pardon Richard Nixon and for the Office of the Independent Counsel not to indict former President Bill Clinton for perjury. Attacking a former president has always been off the table because that will divide the country. Magistrate Judge Bruce Reinhart approved the warrant that enabled FBI agents to raid Trump’s home. He has earned his slot in history and will be remembered.

This is a tactic that leads only to tyranny. Adolf Hitler seized power in the same manner. While the Democrats are staging the January 6th hearings as an “insurrection” to justify emergency powers to govern by decree, Hitler did the same following the incredibly well-timed February 27th, 1933 arson against the Reichstag, Germany’s parliament building. He then began the shutdown of dissent and diversity in German publishing and culture through a policy of Gleichschaltung, or forcing everybody onto the same page. Today, we see the cancel culture doing the very same process of silencing dissent.

The raid of Trump pretending to be searching for documents is not just a very sad day in American history targeting former presidents as they do in banana republics, but this too will be a day we remember in infamy. The America we grew up in ceased to exist as of August 8th, 2022 (2022.602). Indeed, 51.6 years ago was January 1971. It was on January 12th, 1971 when the entire oil crisis began. That was the day when negotiations over the price of petroleum began in Tehran between 6 OPEC Persian Gulf states and 22 oil companies. That event was the beginning of altering the world economy and I fear that this unprecedented assault on a former president will shake America to its very foundation.

The leadership of the FBI and the Department of Justice have shown that independence no longer exists. This is deeply concerning for the rule of law has just completely collapsed. Not merely will this attorney general and FBI director go down in history as the two people who cracked the foundation of the rule of law upon which civilization rests, but they have fired the first shot in what will become the year of civil unrest in the United States come 2023.

Hitler surprised everyone by actually carrying out what he had been preaching all along to make Germany an ethnically pure national state with a nationalistically-driven economic machine to secure the rise of Germany to seek revenge for the punishment of World War I. Hitler had Hermann Göring and Joseph Goebbels whose unbridled power transformed them into the monsters of history. What the DOJ and FBI have done has shown to the entire world that Thrasymachus was correct – justice is only the will of those in power. Nothing changes in history because human nature remains the same. The ambitions of the Democratic political operatives behind this raid on Trump with driven by a radical agenda to save the world from climate change that justifies tearing down the foundations of civilization for this Great Reset. They are acting with the same speed and force as those behind Adolf Hitler.

Hitler had negotiated for control of the Prussian state police apparatus as part of his deal with Papen to become chancellor. Göring’s power lay hidden in this manner and he sprung into action quickly disposing of all moderates in the security apparatus and suspending the civil liberties of targeted groups. He targeted Jews, Communists, and even Social Democrats as well as the invalid veterans from World War I. Göring operated under the pretext of defending Germany against the “imminent” Marxist revolution that was Communists imported from the Soviet Union. Today, it is climate change and wokeness that is used to divide one group against another.

Lament – 2032 will bring an end to this political system of utter corruption. Civilization prevails ONLY when it benefits everyone. Polarizing society to oppress the opposition to force their belief in how the state should be run secure the very reason why we now face the Decline & Fall of America. Even if the Republicans win in 2024 assuming there are still elections, which may be suspended, they will tear apart Biden, and his family, and probably go after the Clintons all on criminal charges. This raid on Trump has ended the one thing that secured a peaceful transition of power – the rule of law.

Greece’s Public Debt Reached 193% of GDP

 

Posted Aug 9, 2022 by Martin Armstrong

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Greece’s debt problem has been unrelenting. The European Union refuses to consolidate member state debt, and Greece’s money woes have only multiplied since joining the euro. The global economic downturn is hitting the Mediterranean nation hard.

Inflation reached 11.6% in June, a rise from May’s reading of 10.5%. The Greek Statistical Service (ELSTAT) collected data noting a €13.417 billion increase in public debt from the first quarter of 2021 to the second quarter of 2022.

Fitch Ratings somehow gave Greece a positive BB rating. However, the agency warned that the nation’s debt ratio will likely triple other BB rated countries by 2024.

Greek’s public debt has reached 193% of GDP and has surpassed €357 billion. This is cause for concern, to say the least.

The EU crisis began on schedule with the political pi turning point from the major high that formed in 2007. Precisely on the day of the ECM turning point, April 16, 2010 (2010.29), Greece notified the International Monetary Fund (IMF) that it was on the verge of bankruptcy. The euro fell to year-low levels by April 22, 2010, prompting the IMF to provide Greece with €45 billion the following day. Greece’s debt woes only worsened over the years, and the IMF decided that Greece’s debt was simply too high to support and urged for it to be forgiven. Brussels refused, and now Greece is in a situation from which it cannot possibly recover.