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2020 Election Most Corrupt in American History – Martin Armstrong

2020 Election Most Corrupt in American History – Martin Armstrong

Legendary financial and geopolitical cycle analyst Martin Armstrong said his computers picked up massive fraud coming in the 2020 Election years ago.  Armstrong explains, “The computer doesn’t ask my opinion, or anybody else’s, it just goes on the numbers from the economic data.  It’s never been wrong.  Besides 2016 (predicted Trump win) and for this one, it said it would be the most corrupt election in American history.  I published this out at least two years ago.  People have to understand, this isn’t my opinion.  This has gone far beyond anything I would have anticipated.  Every election you have had dead people voting.  That’s pretty standard, and that’s not something new. . . . This is just off the charts.  This is the Left, and they are so desperate to take over the United States.”

If the cheating is “off the charts,” then how bad was it in terms of fraudulent votes, including votes taken from President Trump and votes given to Joe Biden?  Armstrong contends, “The cheating is in the millions, definitely millions, and perhaps as much as 38 million.  This is some of the information I am getting from behind the curtain.”

Martin Armstrong also warns, “They (Democrats/communists) want to eliminate the Supreme Court—period.  This is outrageous what they are doing.  That’s why I have said this is not a simple election between Republican and Democrat.  This is something much more sinister. . . . You will own nothing, and you will be happy.  Their idea is to strip everybody of all property—period.  That’s communism.  Then you are going to give guaranteed basic income.  If you don’t do what the government tells you to do, like get a vaccine or whatever, then, oh, your guaranteed basic income will be suspended.  Then how are you going to eat?  This is what they are doing…

…click on the above link to read the rest of the article…

2021 A Year of Mass Bankruptcy – John Rubino

2021 A Year of Mass Bankruptcy – John Rubino

 Financial writer John Rubino says, “2021 is going to be a pivotal year” in the debt markets.  Rubino says lots of debt will either be bailed out or defaulted on in some way.  Because of CV19, there is no getting around this.  The debt clock has been pushed forward by years.  One too huge to hide debt problem are heavily indebted U.S. states and cities.  Rubino says, “You have to call this a scam because years ago, they decided to offer wildly over generous pensions to public sector unions.  In return for that, the public sector unions elected people who would keep on doing that and keep the gravy train going. . . . Back then, it worked . . . but now they are all retiring, and these states and cities are heading for some version of bankruptcy at an accelerated rate.  It was always going to happen in the next 10 years, but with the pandemic, the time frame has been moved way up.  So, probably 2021 will be a year where a lot of these guys hit a wall where they have no choice but to default on a lot of their obligations.  That’s going to throw the financial system into turmoil.”

Rubino points out, “If they can’t pay their bills, they can’t pay their bills.  If it can’t happen, it won’t happen.  So, you get effective bankruptcy via defaults for a lot of these places.  That means massive layoffs of city and state workers and turmoil in the bond market.  That kind of thing alone is enough to send the U.S. back into recession assuming we are out of recession when it happens.

…click on the above link to read the rest of the article…

Election Chaos Means Market Chaos – Michael Pento

Election Chaos Means Market Chaos – Michael Pento

Money manager and economist Michael Pento predicts, “We are going to have an election in this country that is the most contested vote this country has ever seen.  Whichever party that loses is not going to accept the results.  That’s mad chaos for the stock market, and that is one of the things I am thinking about when I am managing money.”

Another thing Pento is thinking about is massive Fed money printing in response to CV19.  They have printed a massive amount in a very short amount of time.  Pento explains, “They borrowed $3.3 trillion in fiscal 2020.  All of it was monetized by the Federal Reserve.  We switched to an inflationary hedge, and that worked out wonderfully for us.  Then a funny thing happened at the end of July, the PPP loans, the paycheck protection loans, they were exhausted.  The money that was spent and sent by helicopter, $1,000 per adult, $500 per child and $600 in enhanced unemployment, that was all spent too.  So, you have this massive fiscal cliff I warned about is here and here now.  Last week, I got much more defensive. . . . We borrowed $3.3 trillion, and that was monetized by the Fed, and that is all going away.  The amount of new borrowing is done.”

Pento points out one huge lingering problem, and that is unemployment and people still collecting a check.  Pento says, “There are many programs that people have access to get unemployment insurance.  One of the major ones is called Pandemic Unemployment Assistance (PUA).  That number is 29.6 million people when you include continuing claims and pandemic claims for unemployment.  The PUA portion was up one million people last week.  The number of claims might be going down under the traditional channels, but they are all filing claims under the PUA.

…click on the above link to read the rest of the article…

World on Verge of Spinning Out of Control – John Rubino

World on Verge of Spinning Out of Control – John Rubino

Financial writer John Rubino says gold is at new all-time highs, silver is vaulting upward and there is no end in sight for the massive money printing around the world.  Rubino say’s if you look deeper, you can see the “real message” in the unfolding events.  Rubino explains, “It’s fun to be a gold bug and see your stacks getting more valuable, but the real message here is the world is on the verge of spinning out of control.  That’s what gold and silver are signaling.  We’re just a mess with no way out of this because even before the pandemic hit, we were running deficits in the U.S. of a trillion dollars a year.  That is an emergency level of government borrowing, but we were doing it in the 10th year of a recovery or expansion.  Normally, everybody is back at work, paying taxes, government debt goes way down and sometimes it even turns into surpluses, but that wasn’t happening this time, which is a sign the monetary experiment that began in 1971 when we went off the gold standard and went to all fiat currencies everywhere was ending.  We are no longer able to manage economies with this much debt just by printing new currency and borrowing more money.  The system was going to break down anyway, but the pandemic has come along and accelerated the process.”

Rubino goes on to say, “So, now people ask:  Is there a pain free way of getting out of this and getting back to normality?  And the answer is probably no.  We have to get rid of this debt somehow.  I think the global debt to GDP is in the 350% to 400% range, which is the highest ever. 

…click on the above link to read the rest of the article…

Lower Highs, Lower Lows, Eventual Dow 5,000 – Charles Nenner

Lower Highs, Lower Lows, Eventual Dow 5,000 – Charles Nenner

Renowned geopolitical and financial cycle expert Charles Nenner called the top of this market just 2% from the top in late January.  Nenner predicted the stock market could go down as much as 40%.  It went down about 38%.   After much money printing and to save the economy, the stock market came roaring back.  Is everything fixed and will the markets continue to rise?  Nenner says, “The cycle is up into the third week of June.  So, now things start to be risky.  We are looking for short-term sell levels, and we are going to lighten up. . . . What happened is not so crazy.  I have shown my subscribers what happened in 1929, what happened in 1973 and 1974, what happened in the 2000 crash and what happened in the 2008 crash. . . . There were huge bounces after the crash of 1929, the crash of 1973 and 1974, etc. . . . It’s very normal this latest bounce that happened, if you look at all the other market crashes. . . . Based on economics, the S&P is the most expensive it has been in the last 100 years. . . . If you do an overlay of what happened in 1929 and what is happening now, you will see it’s not so strange of what is going on now.”

Nenner contends, “You can’t keep lowering interest rates without consequences.  In Europe, it’s required to have pension funds 70% in bonds, and we have negative interest rates.  So, how are these people going to get their pensions?”

Nenner sees a pattern of “lower highs and lower lows” in the stock market and explains, “It’s like a ball.  You throw it up, it hits the ground, and it goes up again to a lower high, and it goes down again, and that’s how things work in nature. . . . Until now, it looked very strange.

How can the DOW go to 5,000?”  Nenner is still predicting a “DOW 5,000” in a few years.

…click on the above link to read the rest of the article…

Mr. President: Open the Economy Now – Martin Armstrong

Mr. President: Open the Economy Now – Martin Armstrong

Legendary financial and geopolitical cycle analyst Martin Armstrong says shutting down the economy is far worse that the effects of the Wuhan China virus. Armstrong says, “This is just scare mongering, and there is another agenda going on. The WHO is part of the UN, and the UN is for this climate change, and this is what their objective has been: Shut down the world economy, bankrupt everything you possibly can, and then rebuild from scratch. . . . The devastation in the economy is unbelievable. Our computer is very well known. Just about all the intelligence agencies look at it because it’s the only fully functioning artificial intelligence system in the world. It was saying unemployment was going to rise dramatically and retest the Great Depression highs. . . .That’s never happened like that. Even in the Great Depression, it took three years to get to 25%. We passed 13% in the first month. . . . From the very beginning, I said something is not right. Something is wrong. . . . This is really going to push the debt bubble over the cliff. . . . The number that has died is minimal. More than twice that die from the flu. There is no logical explanation to have done this. The study they used was not even peer reviewed.”

So, if Armstrong were face to face with President Trump, what would he tell him? Armstrong says, “What he needs to do is open up the economy instantaneously. I think he needs to appoint a special prosecutor to investigate who started this. All the information I have is pointing to a deliberate and intentional movement to harm the economy. These people are elitists. Bill Gates was in Germany saying everybody should remain in lockdown until he comes up with a vaccine. . . .

…click on the above link to read the rest of the article…

Greatest Depression Already Started – Gerald Celente

Greatest Depression Already Started – Gerald Celente

Gerald Celente, a top trends researcher and Publisher of The Trends Journal, says the world is already in an economic depression. Celente explains, “Never in the history of the world has the whole world, or most of the world, been shut down by politicians destroying people’s lives and their businesses. People are going to go bankrupt. You are going to see suicide rates increase. You are going to see crime escalate and people OD’ing on drugs because of depression. . . . Our leaders are totally closing down the economy. Again, this has never been done before. It’s not only Wall Street going down, Main Street went down simultaneously. That is unprecedented. Usually, the markets go down and then the ripple effects start hitting Main Street. This time–boom, they are both down. . . . It’s going to be worse than the Great Depression. It’s going to be the Greatest Depression.”

What’s the biggest problem the economy faces? Celente says, “The debt levels are phenomenal. We have more than $250 trillion of global debt and all the personal debt. How are you going to pay the credit card debt? How about paying the student debt, car loans and the mortgages? What about the electric bill, phone bill and people are out of work because my governor said I should stay home?”

The next play by global governments is to get rid of cash because it carries germs like the coronavirus. Celente says, “We are going to go from ‘Dirty Cash to Digital Trash,’ which is also the title of the current Trends Journal. They’ve got people freaked out. They are going to give us digital trash. That’s what they are doing. They are going to get rid of the currencies that you have.”

…click on the above link to read the rest of the article…

Global Financial System Broken & Bankrupt – Egon von Greyerz

Global Financial System Broken & Bankrupt – Egon von Greyerz

Financial and precious metals expert Egon von Greyerz (EvG) operates the largest private gold vault in the world in Switzerland. More than a year and a half ago, EvG warned here on USAWatchdog.com that “risk is exponential and unmeasurable” because of the estimated two quadrillion of derivatives and debt in the global financial system. He also warned that “at some point, all hell will break loose.” Looks like hell has indeed broken loose because of the China virus, and now EvG contends, “The system is bankrupt. . . . The system is broken and bankrupt. This did not start now with the Coronavirus. It didn’t start in August and September (of 2019) when central banks said we would do everything we can with the Fed QE, repos and the ECB (European Central Bank) QE. . . . This started a long time ago. The system was broken at the beginning of this century. The 2007-2009 crisis was the first signal that the financial system was not functioning. They threw $25 trillion at it in financing and guarantees, etc., but I always said 2007-2009 was a rehearsal. We are now approaching, sadly, the real thing. This is the end of a two to three hundred year cycle. So, we are going to see some extremely difficult times. The Corona virus is a horrible catalyst, but that is all it is. It’s not the reason for the problem. The reason for the problem is a broken financial system . . . and now we are starting the final stage of the end of this financial system.”

…click on the above link to read the rest of the article…

Fed Trying to Stop Global Economic Contagion – Martin Armstrong

Fed Trying to Stop Global Economic Contagion – Martin Armstrong

Legendary geopolitical and financial analyst Martin Armstrong says, “The Fed is trapped. If it stops (injecting money into the repo market by billions of dollars daily), interest rates will rise.”

Armstrong goes on to explain, “The Bank of Japan came out and said we’re going to buy government bonds unlimited. They, too, are trying to prevent interest rates from rising. . . . The ECB cannot afford rates to go up. . . . This is a global contagion that’s developing, and it’s pretty serious. The rise in interest rates has tremendous implications all the way around the globe. . . . Interest rates are rising because there is increased risk – period.”

The big risk, according to Armstrong, is global governments, including the U.S. Armstrong says, “You have to understand, at some point in time, capital begins to figure out who is the greatest risk, and the risk is government. At that stage in the game, when that point is reached, then you have shifts. The capital will move from public types of investments, such as government bonds and things of that nature, and then will move into the private sector. That’s equities, and that can be gold and real estate in different places. You try to go to tangible assets.”

So, what could go wrong with the Fed trapped in the repo market and cannot stop liquefying bad debt? Armstrong says, “What can go wrong is that they lose the game. They are doing this to try to prevent interest rates from rising. If they did not do this, the short term rate would be up dramatically.”

…click on the above link to read the rest of the article…

Past Point of No Return –John Rubino

Past Point of No Return –John Rubino

Financial writer and book author John Rubino sees the world careening toward a debt reset at an increasing pace. Rubino explains, “The coming monetary reset and what that means for gold and what that means for the rest of the global financial system, you don’t need a war to bring that about because we are making enough financial mistakes that will get us there in no time flat now without geopolitical turmoil. If you add a big war in the Middle East into the equation, then anything can happen. A scenario right now that is very, very feasible is we start shooting in the Middle East and Russia and China is on the other side of this in one way or another. They help Iran, and we have our allies helping us, and we start using these next generation weapons that are breathtakingly powerful. Nobody has any idea what’s going to happen when we start throwing these things at each other. . . . Oil spikes to $100 – $150 per barrel, and that tips the already extremely fragile global financial system over the edge. So, we get the ‘Greater Depression’ or the monetary reset or a hyperinflation or whatever we get sooner rather than later. It’s a disaster for everybody when it happens that way.”

Rubino says the monetary masters “tried to fix the financial system but could not do it.” Rubino says, “If you think you are beyond the point of no return financially as an individual, you borrow as much money as you can, and then go bankrupt. . . . Governments in the world are starting to do that now or behaving that way. . . . There is nothing they can do to fix the system. In the U.S., they tried to fix the system and scale back and they found out that is impossible…

…click on the above link to read the rest of the article…

Economy Still Falling Off a Cliff – John Williams

Economy Still Falling Off a Cliff – John Williams

Economist John Williams says don’t put too much faith in the good employment numbers that came out last week because “It’s not as happy of a picture as it looks.” Williams is the founder of ShadowStats.com. His calculations strip out government accounting gimmicks to give a more accurate picture of economic data. Williams explains, “What the Fed has done with their easing, according to the Fed, is they created a circumstance of sustainable moderate economic growth. So, they don’t need to cut rates anymore. That’s nonsense. You don’t have sustainable moderate growth. For example, look at this last month, industrial production is in a state of collapse. . . . Manufacturing is negative. . . . Oil production is collapsing year to year as oil and gas exploration has plunged. . . . Retail sales have been overstated in employment . . . . That’s going to be revised lower. . . . We have been getting better numbers as of late, and the economy is still falling off a cliff.”

Maybe that explains the Fed’s panic moves with $60 billion a month QE, which it says is not QE, and extreme intervention in the repo market where the Fed routinely pumps out tens of billions of dollars in liquidly a night. Williams says, “The system is not stable, and it probably is insolvent. They blew the system back in 2007. They gave up on the domestic economy to save the banking system. . . . They spent all their resources propping up the banks, and they are still doing the same thing, and it’s still costing us in terms of economic growth.”

So, the Fed is pumping out billions of dollars every month, and yet, the economy keeps sinking. What does this tell Williams? “The system is not operating properly. These are stopgap measures, stopgap liquidity that the Fed is putting into the system.

Economy Still Falling Off a Cliff – John Williams

Debt Bubble to End All Bubbles – Michael Snyder

Debt Bubble to End All Bubbles – Michael Snyder

Journalist and book author Michael Snyder says corporate debt is at record highs standing at $10 trillion. Snyder points out debt is setting records in every aspect of the economy and contends, “If you include all other forms of corporate debt not listed on the stock exchanges, that brings the total to $15.5 trillion, which is equivalent to 74% of GDP. We’ve never seen anything like this before in all of U.S. history. That is just one form of debt and how our society has grown the debt. People need to realize the only reason why we have any prosperity in this country today is because it is fueled by debt. We have been building up this bubble, and it is the bubble to end all bubbles. Look at consumers. U.S. consumers are now $14 trillion in debt, which is an all-time record. State and local governments are at all-time debt record levels. The U.S. government . . . we just hit $23 trillion in debt, more than double since the last financial meltdown. . . . We are stealing from future generations more than $100 million every single hour of every single day. This is a crime beyond comprehension, and it’s been going on more than a decade. . . .All the debt has bought for us is more time to expand the bubble for relative stability. Meanwhile, we are literally committing national suicide and literally destroying the future of this country and the future of this republic. We are destroying everything the founders built by insatiable greed in this generation.”

Snyder says you don’t have to wait for the next recession because it’s already started. Snyder says, “Eventually, this whole thing is going to come crashing down. This thing is not sustainable. Here in the United States, we are already in a manufacturing recession. We are already in a transportation recession.

…click on the above link to read the rest of the article…

Bankers Going for Broke Because They Know it’s Broke – G. Edward Griffin

Bankers Going for Broke Because They Know it’s Broke – G. Edward Griffin

Edward Griffin, author of the wildly popular book about the Federal Reserve “The Creature from Jekyll Island,” is holding a conference this weekend called “Red Pill Expo.” It is all about waking people up from the illusions they are being told. Griffin explains, “The illusions are in health, in politics and in education. The illusions are in the media, in money and in banking, which is my specialty. So, people are coming, some of whom are informed, but most respond to the slogan we are using for the “Red Pill Expo,” and the slogan is ‘Because you know something is wrong.’ That sort of spells it out for most people, not just in America, but for people all over the world. People everywhere are being fed propaganda, lies and false stimuli of all kinds, but deep in their hearts, deep in their instincts, they know something is wrong.”

What’s wrong in the financial world with the longest expansion in history and the Fed starting QE (money printing) again? Griffin says, “We are living in a system of the banks, by the banks and for the banks, and that is the reality. . . . They see that the wheels are coming off. . . . The system of inflation in which we live cannot go on forever. . . . All systems of exponential growth always collapse. They come to an end at some point, and it’s hard to tell exactly at what point, but you do know there is a breaking point where it just moves beyond reality. The banks know this better than anybody. So, I am assuming that they feel they are at the end. You can smell it. You can see it. You can touch it almost.

 …click on the above link to read the rest of the article…

MSM Co-conspirators with Deep State Treason – James Howard Kunstler

MSM Co-conspirators with Deep State Treason – James Howard Kunstler

Renowned author and journalist James Howard Kunstler thinks what has been happening for the last few years with the mainstream media’s coverage of President Trump borders on criminal activity. Kunstler explains, “What I am waiting for is if and when indictments come down from Mr. Barr and Mr. Durham.  I am wondering whether the editors and publishers of the Washington Post and New York Times and the producers at CNN and MSNBC are going to be named as unindicted co-conspirators in this effort to gaslight the country and really stage a coup to remove the President and to nullify the 2016 election. I say this as someone who is not necessarily a Trump supporter. I didn’t vote for the guy. I am not a cheerleader for the guy, but basically, I think the behavior of his antagonists has been much worse and much more dangerous for the nation and the American project as a long term matter.  I really need to see some action to hold people responsible for the acts they have committed. . . . I am not an attorney, and I have never worked for the Department of Justice, but it seems to me that by naming the publishers and editors of these companies as unindicted co-conspirators, that allows you to avoid the appearance of trying to shut down the press because you are not going to put them in jail, but you are going  to put them in disrepute. That may prompt their boards of directors to fire a few people and maybe change the way they do business at these places.”

Kunstler says things look unlike anything we have seen in the past because we are approaching a day of reckoning in our debt based monetary system.

 …click on the above link to read the rest of the article…

After Trump War Only One Party Will Be Standing – Kevin Shipp

After Trump War Only One Party Will Be Standing – Kevin Shipp

Former CIA Officer and whistleblower Kevin Shipp says the political war over removing President Trump from office is heating up, and when it’s over, things will never be the same. Shipp explains, “We are already seeing a brewing civil war in the civilian population in the United States. There is a war in Washington D.C. between (Congressman) Schiff and the others that are trying to eliminate the people’s choice for President by American voters. That’s what is going on. . . . You can see the violence on the streets, and it’s getting worse and worse against Trump supporters. This is going to escalate almost monthly, in my view, as we see more violence and more splits in Washington D.C. It is so seminal all the way down to the corruption we are talking about, there has got to be only one party left standing. That is either the Trump Administration or the DNC and some of the globalists that want Trump out of there. Obviously, if the progressive Marxists win, they will want to change our Constitution. Only one of them is going to win and be left standing. That’s how deep, dark and powerful it is. How many senior level officials are involved?  Only one party is going to be left standing, and it’s going to get nastier and uglier by the month.”

Some say that there have been no arrests or prosecutions, and patriots are getting frustrated with what seems to be inaction. Shipp says there may be a good reason for the Trump Administration to go slowly in dismantling the Deep State globalists in the government that are trying to kick Trump out of office.

 …click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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