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Reinterpreting History – The Modern Version of Book Burning?

Reinterpreting History – The Modern Version of Book Burning?

They are going to remove the statue of Teddy Roosevelt, who ironically was a socialist, as they claim the statue is now racist because it portrays an American Indian and a black African. Teddy Roosevelt was certainly not a slave owner. The statue reflected the two continents being America (the American Indian), and Africa because Roosevelt had taken a year-long expedition to Africa. Is a statue depicting a black person representing Africa automatically racist?Video Player00:0001:20

If you look at the footage of various attacks on statues, you will notice that these are not purely blacks protesting. You will see a lot of whites in these movements. This is reflecting more civil unrest which is also frustration over the lockdown and losing jobs. The job losses have hit the youth very hard for they are often the people in service industries just getting states like waitresses and stock boys. With movies, plays, restaurants, malls, and small shops closed, it has been the youth thrown out of work with no unemployment for they were not full-time employees.

These protests are not really thought out. In some cases, this is the equivalent of the Taliban destroying the monumental statues of Gautama Buddha carved into the side of a cliff in the Bamyan valley in the Hazarajat region of central Afghanistan. Then there were the museum raids by ISIS, who destroyed statues they disagreed with. This would be akin to blowing up the Pyramids because the Egyptians were pagans.

This is the statue in the Capitoline Museum in Rome depicting Romulus and Remus suckling a she-wolf based upon the myth of the founding of Rome. Should this statue now be removed because it represents somehow cruelty to animals?

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

Central Bank Crisis Expanding

Central Bank Crisis Expanding

QUESTION: Hi Marty.
You mentioned in the blog that all European sovereign debt may end up being converted into perpetual bonds. Will it be through debt mutualization or will each country have each own Consol? Could you please elaborate on how this conversion would affect pension funds, banks, social security and individual investors? Knowing that the ECB already owns 33% of all government bonds in the Euro Zone, can it (ECB) be the buyer of last resort to avoid liquidity issues for all these investors (pension funds, banks, social security and individual investors)? What would make the ECB fail?
Regards

AMD

ANSWER: They will most likely provide no warning and they will simply announce what they have done to prevent anyone from trying to liquidate. The ECB will have it as reserves so that will not change. They were rolling the debt anyway because they cannot sell it without causing interest rates to rise.

The Federal Reserve is buying up corporate bonds to the point that there is now a shortage. They are doing this in a desperate measure to try to prevent interest rates from rising, which will in turn put pressure on the ECB and Emerging Markets. This is demonstrating that the central banks are fearful of the market pushing rates higher because of CREDIT RISK.

Street Battles in France with Weapons

Street Battles in France with Weapons

In the French city of Dijon, Chechens and North Africans are fighting with assault rifles and weapons of war. The question of how the Chechen refugees get their arms at all is interesting. But this is the global rise in civil unrest we have warned about. These elitist fools think they can shut down sports, close all gatherings for plays, movies and prohibit even flying in Europe and that they will be able to suppress the people is lunacy.

On a global basis, there are over 300 million people who have lost their jobs. This frustration will continue to explode on the streets. You cannot simply give people guaranteed basic income and expect them to be satisfied sitting home watching TV. Some people need to stay mentally or physically active and are NOT satisfied with basic income.

These elitists do not understand human nature because they have never walked among the people. This is not going to end nicely. This is what I mean it is not racist – it is pent up frustration that these elitists do not understand that their quest to shut down the world economy so they can rebuild it green is going to very violent. Using the virus as the excuse to deny gatherings and to lock people up for not wearing a mask is pure tyranny.

The International Energy Agency has Joined the Conspiracy Against the World

The International Energy Agency has Joined the Conspiracy Against the World

The International Energy Agency has joined the conspiracy outlining a $3 trillion plan to restart the global economy while cutting greenhouse gas emissions, saying that governments have a “once-in-a-lifetime opportunity” to create jobs while decarbonizing infrastructure. Their highly questionable economist Fatih Birol has suddenly come out and proclaimed that the world has six months to avert a climate crisis. He has warned of the need to prevent post-lockdown surge in emissions.  This is complete nonsense for this elitist consortium has already shut down the world economy to the point that in Britain, they have not produced and electricity by coal in two months. He spouts out statements with NO SUPPORTING scientific evidence and is pretending the world will end in 6 months if we allow people to use energy again.

You can Google Faith Birol and he is an economist with no background in climate. For decades his forecasts have been all about the rise and fall of energy – not climate change. It is made up of  30 member countries, 8 association countries, and 2 accession countries all of which must be a member of OECD. You will find that the IEA accepts also private donations and Birol is also now linked to Gates.

The IEA is an autonomous intergovernmental organization within the OECD framework, headed by its Executive Director. The strange part is that its Governing Board is the main decision-making body and it is composed of energy ministers or their senior representatives from each member country. For the IEA’s chief economist to come out of the blue with climate change forecasts are against the self-interests of member states that produce energy.

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Is Trudeau Hiding Environmental Data Calling Top Secret Because it Exposes his Government?

Is Trudeau Hiding Environmental Data Calling Top Secret Because it Exposes his Government?

In Canada, the Trudeau government is refusing to release carbon tax data, saying it is top secret so that Canadians are unable to see the findings of the report. This is pretty standard for if it supported their agenda, they would be the first to release it to the public. Things become secret like the Kennedy Assassination files only when the expose the corruption within the government. Trudeau certain does not want to reveal that all the taxes imposed for the climate never go to anything connected to the climate.

Inflation into 2021

Inflation into 2021

QUESTION: Hi, Martin
You have referenced the three different types of inflation in previous posts. Please speak to what we can expect to see manifest from this record money printing/stimulus from the Fed.
Thanks,
MD

ANSWER: This cycle will be on the back of shortages in commodities. This is what the computer has been forecasting all along. We have been witnessing shortages in food. But this coronavirus has also disrupted the supply chain in many areas. Then we have the Monetary Crisis Cycle coming for 2021 into 2022. With Europe planning to cancel its paper currency to try to force everyone into banks, you have the punters looking at this as bullish short-term for a trade.

The European and Japanese governments will have little choice moving forward, for they have destroyed their bond markets and are UNABLE to issue bonds that institutions will buy at these crazy rates. It is more than a simplistic printing of money. We are looking at the bond market is collapsing. This is the DESTRUCTION of Capital Formation so in the end, capital must flee anything connected with governments and seek shelter in primarily the stock markets.

So far, we are into a 3-month reactionary bounce with the NASDAQ taking the lead and the Dow lagging. This is very disquieting for it warns we are going to see much higher volatility into the next two years, perhaps more so than anyone has ever witnessed in their life or for the past 300 years.

China v USA

China v USA

QUESTION: Obviously, China is not Hitler or Napoleon with dreams of conquering the world. The days of empire building are gone. China has always been the one who is invaded from the Mongols and Japanese to the Europeans. Do you see China becoming more dominant in empire building retaking Taiwan?

JN

ANSWER: I am working a report on this subject. You are correct that China historically has not been the aggressor. They were conquered by the Mongols and were invaded by Japan. They never set out on a world domination plan like Hitler or Napoleon because that culture was not prevalent in Asia compared to Europe where each country at one point was the dominant political state in Europe. Russia, on the other hand, believed that it was their position to spread communism to the world.

That said, both Hong Kong and Taiwan were part of China historically. From their perspective, it is not a conquest compared to reunification as Germany viewed the return of East Germany.

What has protected Hong Kong is the economy. That is why China was willing to allow it to retain a lot of its freedom. Now that the world economy is under assault, the protection of both Hong Kong and Taiwan is not as secure as it once was. Alienate China and they have no incentive to just observe.

This is not the war of old. Standing by and not engaging against Hitler and hoping he would stop each time was the wrong decision BECAUSE Hitler was motivated by revenge and conquering Europe. That incentive is no longer present today among the superpowers. Nobody wants to occupy the other. As long as everyone got along economically, that was the bottom-line benefactor to prevent war. Today, war would be strikingly different. It would not be one of conquest, but of annihilating an enemy. Stop the world economy and you encourage war today.

Global Debt Default

Global Debt Default

QUESTION: Dear Martin,
I do not speculate on whether the current situation has been orchestrated intentionally or not. This to me sounds more like the case for 9/11 you often described. They knew in advance that a “pandemic” could come any time, and they took advantage of the very first virus spreading around as the perfect excuse to put things into motion.

Indeed, a coordinated action to push the reset button on the world economy and hence a global default on debts seems a plausible plan of action by the ruling classes. You restart with an operating system upgrade, clean the air, create mass surveillance with the excuse of an invisible threat, and impose a new social contract. Authoritarian playbook 101.
My question however is, how would in practice a global coordinated debt default unfold? Could you elaborate in some detailed causes and consequences, please.
SB

ANSWER: It has been coordinated and this virus is by no means something that is so lethal. There are many who argue it was the result of experimentation in a laboratory that got out rather than a biological weapon. Others are speculating that it was created by a funded Gates operation and Fauci is responsible. The Chinese fight back by blaming the US military. I seriously question that the USA would have done that because there was nothing to gain. For me, just look at who benefits and follow the money.

Those are things I care not to get involved it. I am more concerned about the impact rather than the origin at this time. From that perspective, I have finished a report which will be posted for downloads this weekend. It is not the “rich” who are looking to crash the debt — it is government who will default on the rich.

Coronavirus Bankruptcy Pandemic Continues

Coronavirus Bankruptcy Pandemic Continues

Hertz has now joined the ranks of filing for bankruptcy as this lockdown has caused car rentals to crash to virtually zero. Of course, Climate Change activists led by Bill Gates are celebrating. They cheer every bankruptcy they have managed to create with the absurd lockdowns were the first time in history you quarantine the entire population rather than just those who are sick.

The total economic destruction we have said is about $30 trillion in businesses. If we add real estate which cannot be sold, that is most likely $35-$45 trillion. Then add on top of that the coming wave of sovereign bond defaults which will include emerging markets that have witnessed their exports collapse. Global GDP is about $90 trillion. The global bond market is about $100 trillion.

Commercial Real Estate is worth about $32 trillion and Agricultural Real Estate about $27 trillion. Total residential Real Estate is about $170 trillion at the end of 2019. If we have to put a number of that we reach about $230 trillion.

The total world equity market at the end of 2019 was nearly $90 trillion.

Therefore, if we add up what I call Capital Formation, this is the combination of real estate, equities, and bonds. This number works out to be about $420 trillion.

Consequently, the economic contraction in just the current GDP of $90 trillion is about $30 trillion, and Capital Formation is probably about  $120 trillion illiquid out of $420 trillion if they even tried to sell.  Anyone who thinks that governments can possibly stimulate their way out of this or create hyperinflation by spending even $10 trillion are not taking into consideration the full scope of this economic collapse.

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What is Really the Game with the Bailouts?

What is Really the Game with the Bailouts?

There is a major crisis economically unfolding and the markets are not yet taking into account the seriousness of the economic damage. I have explained that this is a Coronavirus Bankruptcy Pandemic which has put about 30% of the retail service industry in the crosshairs of insolvency. But there are smaller municipal governments that are also bankrupt as we see with some of the first filings starting to unfold here in May.

With nearly 80% of the civil workforce employed in the service sector, these schemes of keeping the economy locked down are profoundly dangerous. They fail to realize that this is undermining society in a major way that it is not going to return to normal even with Bill Gates’ certificates to prove you have been vaccinated by him personally.

The Democratic states are refusing to open up when there is no real justification to keep their economies closed. What is really going on behind the curtain is a clever trick. The $1 trillion that Pelosi was stuffing in the Democratic Bill is money to bail out state and municipal governments which have been going broke because of their unfunded pensions.

The scheme is to crash their economies and then blame everything on the virus and then blame Trump for not bailing them out for the 2020 election. This is a very clever scheme being relayed in whispers from behind the curtain. They are using this virus as cover to bail out 70 years of fiscal mismanagement.

Is 2020 the End of a Energy Trend or the Beginning of a New Trend for Climate Change Advocates?

Is 2020 the End of a Energy Trend or the Beginning of a New Trend for Climate Change Advocates?

QUESTION: Marty; I see that Socrates’ forecast for oil in 2020 was a major turning point. All the reversals worked great. But my question is, do you think with this 2020 turning point that this climate change agenda of Bill Gates will fail if oil bottoms here in 2020?

GA

ANSWER: The array picked up 2020 nicely and it was also a Directional Change. But note that we also have a Directional Change in 2021 and the next turning point in 2023. So far all indications are that they will fail in eliminating fossil fuels. Socrates sold even the high just before the Crash. It appears as stated at the WEC,  this is the culmination of the trend, and this cycle into the peak of this 8.6-year wave should be a commodity boom but one based upon shortages and currency because we are headed into a Monetary Crisis Cycle for 2021-2022.

So just looking at crude by itself shows that this should be the culmination of a trend rather than the start of a trend as Gates and others would like to profess. That said, the excess in supply is real because they have shut down the global economy with lockdowns which have reduced driving and air travel while also shipping has been disrupted. So 2020 should be at the very least the lowest yearly close.

However, the consequences of a crash in commodity prices typically result in destruction also of the productive capacity. This will happen at the low in Gold or any commodity.

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

How Can Socrates Forecast Thing Well in Advance?

How Can Socrates Forecast Thing Well in Advance?

QUESTION: Martin –
In the video link you see the blank answer by former Fed Chairman Bernanke when asked, in a 60 Minutes interview, as to where he saw unemployment going/peaking in the last crisis of 2008 (at minute 3:27). https://www.youtube.com/watch?v=sKx1BZd9bjQ
How do you best explain Socrates being able to pick up so far in advance, the heights that unemployment would reach in this crisis; rivaling or exceeding that of the Great Depression, even with this seemingly contrived “virus” being such a curve ball, out of left field?
I’ve been to a David Copperfield magic show before, but this latest call by Socrates beats any illusion I can recall from his show.
T

ANSWER: It is very difficult to Explain. Everything is connected. I learned with the Cycle of War that the computer was picking up the subtle movements of capital well in advance. It becomes clear that if you were going to start a war, you move your money in advance. This is what these people have been doing. I believe it began last summer with the sudden collapse in confidence in Europe. We ended up with the REPO Crisis hitting in September and they tried to excuse it as a freak event. But Socrates was correctly forecast that as well. At the May Rome World Economic Conference, I put up this slide as to the key issues to pay attention to – the liquidity crisis which manifested into the REPO Crisis because banks were no longer trusting banks.

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Huge Protests in Germany Against Government’s Lockdowns

Huge Protests in Germany Against Government’s Lockdowns

The German Press is starting to wake up at last after a period of just saying Yes mam! They have run the story that if we acted rationally, we could quickly overcome the consequences of the corona crisis. But politics is deliberately spreading panic among the population and stirring up fear – and in this way causes a severe economic crisis.

For today, the initiative “lateral thinking 711” announced a rally with 500,000 participants in Stuttgart have registered. But there are protests rising in Munich and Berlin. The number of people may reach 1 million.

The government is trying with the aid of most press to label these people as right-wing racists because they cannot address their actions on false forecasts. Meanwhile, unknown persons have set up a replica tombstone in front of Chancellor Angela Merkel’s (CDU) constituency office in Stralsund symbolizing her reign some call of Terror between the refugees and now the virus over-reaction has destroy their lib=vlihoods and their future.

On top of that, the rising resentment against the Eurozone control from Brussels has many wanting to kill the Euro and return to national currencies. I have warned that the cultural divides are far too great and this virus is being used for a total environmental reconstruction of the economy by sheer force. The lack of a transition or any planning whatsoever has cast the livelihoods and future of the world population is tremendous jeopardy and has drastically increased the outcome of our forecasts for not just the collapse of the Euro, but the rise in civil unrest and international war.

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It’s Time to Investigate the Players to Prove the Public Has Been Manipulated for Personal Gain

It’s Time to Investigate the Players to Prove the Public Has Been Manipulated for Personal Gain

COMMENT: Marty; it seems you write and other do listen. I remember when you posted that China should stop buying bond from the bankers at inform the Treasury they will only buy directly. The US never did that. They did in about one week. Well your posts on Bar and the chart you posted you know will be evidence in a court that they would need a trader to figure out. They just raided Barr’s house. Hopefully, this will lead to the investigation you keenly are recommending to restore public confidence.

Good on ya!

EK

REPLY: For a warrant to be served on a sitting US senator, this requires approval from the very highest ranks of the Justice Department. This signals that they are stepping up this investigation.

Diane Feinstein has confirmed that she and her husband turned over documents regarding their stock trades ahead of the COVID-19 announcements. No word yet from Pelosi. Pelosi was notorious for such dealings and had refused to answer questions back in 2012.

As I have said, I know PERSONALLY that phone calls were made and elites sold out ahead of the news of a coming “virus” that they did stage a plan of attack just a few months before. Look at Event 201 pandemic tabletop exercise hosted by the Johns Hopkins Center for Health Security in partnership with the World Economic Forum and the Bill and Melinda Gates Foundation back on October 18, 2019, in New York, NY.

Bill Gates already has India’s Serum Institute preparing a Gates vaccine for the coronavirus with 60 million doses before it has been approved. Who is paying for that? Probably Gates. Will he make a profit? That is not philanthropy when you get a return — it’s called investment.

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

Good News from the Other Side – Gates is Losing 8.6 Weeks

Good News from the Other Side – Gates is Losing 8.6 Weeks

I have been getting calls from very key people who are starting to see the light. What is being relayed to me is that they are frightened. They have never witnessed such a conspiracy that has bound together politicians and the media against the public in their lives.

The Washington Post is now running stories desperately trying to support this HOAX, claiming COVID-19 now causes other diseases. They are doing anything they can to justify themselves and the role they have played in destroying the world economy. They are far too political and not trustworthy anymore. They have become a disgrace to the principle of free press. When this ends, only then perhaps will we see how far the press has fallen in both integrity and ethics. They are condemning their own families and they are too ignorant to see beyond their nose.

The goal to destroy the old world order and replace it with a zero CO2 environment is beyond the ability of humans to understand all the intricate economic connections that bind the global economy together in a functioning network.

It has been 8.6 weeks from mid-March when this virus was declared to be a pandemic. This is precisely the timing when things will begin to shift. Those who are intelligent and do not accept whatever the press and government have to say will now become their adversaries.

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