Ukraine was Never a Country until 1991

 

Posted Oct 17, 2022 by Martin Armstrong

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Map showing how Borders have Changed over the centuries for which we are to die for

Ukraine was NEVER a country until 1991 east of the river. That is why Bandara joined Hitler’s Nazis, promising they would be allowed to form a nation. Kiev was the origin of the Rus who are the Russians today. I am telling you I know Kyiv very well. They are the MOST corrupt government in the entire world. You cannot deal with them and ever expect the truth. They routinely created false flags, they shot down that Malaysian flight and tried to blame it on Russia.

I have warned from the start – DO NOT SEND ANY MONEY TO UKRAINE. If you want to help the Ukrainian people, give it to the Red Cross. The people will NEVER see a dime.

I do not care if you want to kiss the ground Zelensky walks on. You are just one of those brainwashed souls who cheered the invasion of Iraq because Saddam threatened nuclear war with his hidden weapons of mass destruction that never existed. Iran has them, and nobody invades them.  You will believe anything the Neocons will tell you. You obviously lack the ability for independent thinking.

Here we have a nuclear war, and people are cheering it and hating all Russians.  Be very careful of what you wish for. Peace seems to be no longer fashionable in this new cancel culture constructed on hate. Elon Musk just saw the real character of Ukraine. They hate Russians and are still ethnic cleansing. So now you would be on the side of Hitler.

The Ukrainians are fighting for the territory that was never theirs. They want Russia out, but they will exterminate all Russians in their territory. The West ignores the fact that the Ukrainians carried out a massacre of ethnic Russian who lived in Odessa. Thanks to John McCain, the US has been funding the civil war against Russian-Ukrainians in the Donbas. Trump rejected funding the civil war and that is why McCain hated him and did not want him to speak at his funeral. I met McCain. He was a vengeful man.

Western Ukrainians simply hate Russians and this goes back to Bandera in World War II. The West was not upset when the Ukrainians were beating Russians on the street in Odessa, chased them into a building, and then burned them to death alive. That was perfectly fine because they were Russian after all.

Not one Western newspaper took the side of any Russian. It has always been Ukraine walks on water and the air. They are leading us into World War III and you will never find a country so embroiled in hatred as Ukraine.

As I have said, two Russian leaders came from the Donbas. Khrushchev even rebuilt Kiev after the war. Yet these people want to claim the Donbas is theirs, eliminate all ethnic Russian Ukrainians, and they have rejected every effort at creating world peace. The Ukrainians have rejected the Minsk Agreement. The pretend leader of Ukraine in high-heels, has called on NATO to launch the first nuclear strike to destroy all of Russia. And this is the guy people in the West cheer? He will destroy the entire world all for his hatred. That qualified him as being UNCIVILIZED.

Central Bank QE - USD money supply will have to increase as it becomes the only viable currency

 

Posted Oct 3, 2022 by Martin ArmstronG

 

QUESTION: Mr. Armstrong; Nobody knows history better than you. Will QE continue if we end up in war? It seems there would be no choice.

Thank you for your very enlightening blog.

PG

ANSWER: Yes. The Fed was “directed” by the White House to carry out QE during World War II. They were to prevent interest rates from rising and the debt rose. That finally led to the Federal Reserve breaking with the White House after the war when they expected it to continue for the Korean War. That is when the Fed asserted its independence.

This time, we may have a different problem. As the war unfolds in Europe, the capital will flee as usual to the States. But the money supply will have to increase because the dollar will become the only viable currency still standing. That is why you are witnessing the pound and the euro collapse. Things will unfold differently this time. The Fed has been raising rates to fight inflation that will fail because this has to do with shortages – not speculation.

The October 3, 2022 Emergency Meeting was closed to public observation by Order of the Board of Governors because the matters fell under exemption(s) 9(A)(i) of the Government in the Sunshine Act (5 U.S.C. Section 552b(c)), and it was determined that the public interest did not require opening the meeting. That said, the Fed is faced with a triple crisis – liquidity, banking stability, and an inevitable Sovereign Debt Crisis. As interest rates have risen based on domestic inflation rates, simultaneously, the higher rates have undermined both European banks as well as Emerging Markets. The Federal Reserve has become the DEFACTO central bank of the world.

This is a crisis similar in part to 1927 when the European central banks lobbied the Fed to lower rates because of their debt crisis. They lowered rates to accommodate Europe and that was then blamed on the Fed for creating the 1929 boom. This is also why FDR then seized control of the Federal Reserve and move the head to Washington and made the Chairman subservient to the President.

I know so many blame the Fed for everything. They are actually facilitating Congress. The Fed has no control over fiscal spending or the debt level. In the end, it is really the debt that has become the money supply that simply pays interest.

There was no US paper money before the Civil War. The first issues of paper money were actually a hybrid bond – they paid interest. The term “greenback” developed for “demand notes” that came later as the cost of the war rose. They no longer paid interest so what was on the back was just green ink – no interest rate table to show what the note was worth.

I will be doing a full report on this subject for the WEC. It is complex, yet exceptionally interesting for what we face.

Bonds & the Fate of the Future - 2025

Posted Oct 3, 2022 by Martin Armstrong

The 30-year bond elected a major long-term Quarter Bearish Reversal on target. This confirms the long-term outlook that we had warned back at the high that we were establishing a 5,000-year low in rates (high in bond prices). The sell signals on bonds at the end of September are very profound. This is also why you have witnessed Klaus Schwab telling everyone you will own nothing and be happy because what he is really saying is that all debt will be wiped out trying to make it sound like they are doing this for you when it is the next sovereign debt default in history.

The last Sovereign Debt Default was 1931 when Europe, South America, and Asia defaulted. Even Britain went into a moratorium on debt payments. Our models turned up on this level in March 2021 and the next Sovereign Debt Default on a grand scale is likely to unfold by 2025.

The Quarterly closing was a confirmation that we are looking at both a liquidity crisis in addition to a banking crisis that is most likely with an epic center in Europe.

Here is the Yearly Chart from 1798 to 2015 that we published back in 2016. The peak came precisely during the 1st Quarter of 2020 with the major turning point on the ECM 2020.05 reaching 191.69 on the 30-year bond. We will be focusing on this triple crisis of liquidity, banking, and Sovereign Debt Crisis at the WEC on November 11-13th, 2022.

As I have said many times, what bottoms or peaks with the ECM major turning points is typically very profound. That has been vindicated once against by the bond market peaking the first quarter of 2020 with the turning point. We have entered the STAGFLATION mode since March 14th as we head into April 2023.

The British Pound & the FX Crisis

Posted Sep 26, 2022 by Martin Armstrong

REPLY: The problem with most people forecasting is they do it as “I think” and then try to pound their chest as if their reasoning is better than someone else. People try to criticize me when they disagree with what they assume is my personal “reasoning” when in fact I have said many times, Socrates has taught me, as well as all my clients worldwide.

You cannot forecast such things from a personal opinion perspective. It also requires centuries of data. Most people have no idea that the British Pound had ever reached $9.97 in 1864. The collapse of the British pound itself still going into 2026/2027. It’s like the gods are selecting the worst possible world leaders in human history.

Once the pound broke the uptrend line, even technically it was in trouble. Then the support was at 129 & 127. When that gave way, the free-fall began. Technically, the real support begins at the 89 level. This is not over. We will not see a straight decline into 2026/2027, but that is where this is headed. The ideal support will be at the 72 to 76 level by then. Breaking the 1985 low of $1.03 will then point to the 89 area.

Keep in mind, that all roads lead to the dollar because of the geopolitical mess world leaders have created in Ukraine, and even in Taiwan. They either want war or are living a dream and expect that Russia and China are afraid of the West and somehow they are all-powerful. There are no peacemakers anywhere! People who try to argue against me with their personal reasoning are fools. This is not me and my personal opinion. Nobody has ever beaten Socrates – and that includes me.

Schwab’s NWO will fail as did Marx. However, these people “think” that they can hide their sovereign default with war and win against both China and Russia to create this global one-world economy. There is no way this will work and the climate zealots are insane. They think that they can end fossil fuels and then come up with alternatives. They know damn well that what they are doing will cause the death of millions worldwide. They also want to reduce the population.

In the process, the rise in the dollar will kill US exports and start the economic decline in the USA as the rise in the dollar also did during the Great Depression. This will create deflation and the rising interest rates may make some people think that the Fed is achieving its goal, but we have also shortages which are the opposite of the Great Depression.

It was the sharp rise in the dollar that led to Protectionism because the politicians did not understand what was taking place. This rise in the dollar was also the reason Roosevelt confiscated gold and raise its value from $20 to $35 to devalue the dollar.

Thereafter, the US had a two-tier monetary system. Gold for international transactions and silver domestically precisely as what took place back in Florence under the Medicis.

Putin is at War with the West – Not Ukraine

 

Posted Sep 22, 2022 by Martin Armstrong

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Vladimir Putin’s recent speech is making headlines as people falsely claim Russia is about to launch an all-out nuclear attack. Putin is sticking to his same plan and says it in his opening statement: “The subject of this address is the situation in Donbas and the course of the special military operation to liberate it from the neo-Nazi regime, which seized power in Ukraine in 2014 as the result of an armed state coup.” Russia must now play defense as they are no longer simply battling Ukraine.

Putin stated that in 1991 the West prided itself on dividing the USSR, and believes “now is the time to do the same to Russia, which must be divided into numerous regions that would be at deadly feud with each other. They decided these plans years ago.”

Putin knows that he is fighting a NATO offensive and not simply Ukraine and directly calls out Washington, London, and Brussels. He correctly stated that the West first set out to demonize Russia and spread “Russophobia,” as they did during the Cold War. NATO and the West are now the opponents of Russia in this proxy war, while the Ukrainian people are merely cannon fodder used to usher in this new world.

Putin has been trying to reclaim land since 2014. He had no plan to seize Ukraine, but did want to reclaim the Donbas. This is much bigger than Russia v Ukraine as he fears he must act on the offensive against most of the world’s superpowers who want to seize Russia. They are shoving endless funds into Ukraine because they expect a prize in the end. Putin stated that he attempted peace talks, but the West shot them down because they craved war.

“After the start of the special military operation, in particular after the Istanbul talks, Kiev representatives voiced quite a positive response to our proposals. These proposals concerned above all ensuring Russia’s security and interests. But a peaceful settlement obviously did not suit the West, which is why, after certain compromises were coordinated, Kiev was actually ordered to wreck all these agreements.

More weapons were pumped into Ukraine. The Kiev regime brought into play new groups of foreign mercenaries and nationalists, military units trained according to NATO standards and receiving orders from Western advisers.”

This will not end well; the West made it clear that peace would not be an option. Zelensky is simply the face of a much larger plan at play that involves an ongoing plot to seize Russia, which has been happening behind the scenes for decades.

Denver Tests Basic Income on Homeless

 

Posted Sep 20, 2022 by Martin Armstrong

Governments love to conduct social experiments on the masses. What would happen if we gave the most financially vulnerable in our population cash every month? The Denver Basic Income Project just approved a new general basic income program for a select number of homeless people who will now receive $1,000 per month in cash. The money came from the American Rescue Plan Act at the cost of $2 million.

Cash, as in the government is actually not tracing these purposes for a reason. They are targeting around 140 people, meaning this is an experiment. Do they plan to address why these individuals became homeless? Will there be mental health or drug evaluations? Will people have access to information and tools such as learning how to budget or re-enter society? Throwing money at problems is never the solution. Are there any tools to help people re-enter the workforce?

At worst, they will expand this program and continue to reward people not to work. Once they begin to hand out free cash, people will continue to expect free cash. We saw it with the COVID unemployment benefits, where people chose to leave the workforce as it was more lucrative than participating in society. The University of Denver’s Center for Housing and Homelessness Research plans to study this experiment funded by you.

Is Russia Losing?

 

Posted Sep 10, 2022 by Martin Armstrong

The Ukrainian army is at least one-third larger than it was last year and some claim it has doubled in size. They have been concentrating their effort, not on the Donbas, but on Ukraine’s Kharkov region. The Russian Defense Ministry has confirmed that Russia has withdrawn its troops from multiple locations across Ukraine’s Kharkov region pulling back to the Donbas in the face of a major Ukrainian offensive in the area. The Ministry has actually stated: “In order to achieve the goals of the special military operation, a decision was made to regroup troops in the areas of Balakleya and Izyum in order to build up efforts in the Donetsk direction.”

The troops that were stationed in the Kharkov area have been “re-deployed” over the past three days pulling back to the Donetsk People’s Republic. It also stated that during its withdrawal, the military had performed a “number of distracting and demonstration activities imitating the real action of troops.”  It did not elaborate. It was attacking the Ukrainians to allow the withdrawal with artillery, missile, and aircraft attacks to provide cover. They claimed that they destroyed over 100 armor pieces and artillery and eliminated “more than 2,000 Ukrainian and foreign fighters” in the past three days. The Ukrainian offensive was launched in the Kharkov Region on Thursday, but they were not as successful.

The real problem will emerge with the coming winter and is likely to be a very tough winter. While NATO Secretary General Jens Stoltenberg keeps urging Ukraine to continue fighting against Russia, it puts out this urging saying that otherwise, the country may “cease to exist” as an independent nation. From the outset, Putin did not seek to conquer all of Ukraine. One must wonder if the West is not propagating this war claiming Ukraine will cease to exist unless it fights Russia. That certainly eliminates any settlement or a peace treaty. NATO needs war with Russia and Putin by now has to understand that his real enemy is NATO and the USA. The propaganda fueling this agenda can be seen in the words of Stoltenberg who told the AP:

“If President [Vladimir] Putin and Russia stop fighting, then we will have peace. If Ukraine stops fighting, then Ukraine will cease to exist as an independent nation.” 

Stoltenberg admitted that there has been “no sign” that Putin or Moscow is giving up its objectives in Ukraine. He keeps insisting that Russia’s ultimate goal in the conflict is “taking control of Ukraine.” He knows that is not true and perhaps is begging Putin to adopt that goal. If that were true, Putin should do as the USA did in Iraq – (1) take down the power grid, (2) take down the communications, (3) attack the water supply, and (4) attack the food supply.

“Winter’s coming” as they warned in Game of Thrones. Reuters has reported that the flows of Russian gas to Europe via Ukraine were stable at the start of the week. Nord Stream 1 pipeline from Russia to Germany “remained shut and eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany continued at low levels.”

Beware of the feigned-retreat is a military tactic, whereby a military force pretends to withdraw to lure an enemy into a position of vulnerability. Ukraine is now concentrating its forces in Kharkov region. Putin cannot be stupid and with the approach of winter, he should cut off all the gas through Ukraine to Europe and do as Stoltenberg keeps saying. There are two options. Use Tactical nuclear weapons, also called nonstrategic nuclear weapons, are generally designed for battlefield use and have a shorter range than strategic, or long-range, nuclear weapons, which are designed to directly attack an adversary’s homeland.

Herodotus reported that the Ancient Spartans used the feigned-retreat tactic at the Battle of Thermopylae (480BC) to defeat a force of Persian Immortals. Socrates debated a general who said it was cowardly to retreat. Even during the Battle of Agrigentum, in Sicily (262BC) during the First Punic War. Then the Carthaginian general Hanno, son of Hannibal, sent in his cavalry to attack the Roman cavalry and then pulled a feign-retreat drawing the Romans right into the arms of the main Carthaginian army waiting patiently.

Russia sent troops into Ukraine on February 24, citing Kiev’s failure to implement the Minsk agreements that were to provide the regions of Donetsk and Lugansk special status within the Ukrainian state and to vote on their own separation since they were ethnically Russians. That agreement was brokered by Germany and France and was first signed in 2014. Former Ukrainian President Pyotr Poroshenko then admitted that Kiev’s main goal was to use the ceasefire to buy time and “create powerful armed forces.” That is precisely what was done.

The problem now is that this appears to be an all-out war that the West keeps saying Russia is losing. I fear if that were true, then we will be looking at tactical nuclear weapons being used in Ukraine calling the bluff of Europe- Who will be next? Beware of next April and this coming January does not look very quiet on the Western front. The Pi Target from the fall of the USSR comes on April 6th, 2023. The West keeps telling the Ukrainians that Russia is losing and that the overthrow of Putin will bring peace. I fear this is just total propaganda dor the people behind Putin are far worse and think he has been too soft on Ukraine.