COMMENT: Mr. Armstrong, thanks as a result of you’re the lone voice calling to us in Europe, the place free speech is dying shortly. Others are afraid to say what you level out, even when they see it themselves. Some attempt to dismiss you however by no means handle what you say, solely who you might be.
Many people in Europe drastically respect your braveness and independence. You’ll be remembered by historical past when this all involves an finish.
RVH
REPLY: Thanks. I realized again in 1985 after I went to lunch with one of many heads of a serious financial institution in Geneva. He defined to me again then why everybody was utilizing my agency. He stated you don’t care if the greenback goes up or down. He defined there have been no European FX analysts as a result of it was a political challenge in Europe since politicians used the rise within the forex to validate their efficiency. Saying the forex would decline grew to become a political assertion.
Right this moment, if an analyst at a serious financial institution stated the euro would crash, the ECB can be on the cellphone instructing that establishment to fireside them. That was defined to me again in 1985. It has solely progressed since then, and now it’s changing into legal to easily oppose the federal government below the label of far-right or hate speech. An AfD victory will assist to push the euro over the sting and threaten the WOKE agenda of the EU management.
Estonia’s economic system was booming, however after a number of years of GDP development at or near 10%, the growth charge collapsed and brought about a damaging contraction. The 2007-2010 financial recession was not such a gentle touchdown. The sharp slowdown within the Estonian economic system that started in 2007 is now plain. They jailed an economist for saying it will flip down. If I went to London at this time, Starmer would in all probability throw me in jail for one thing I stated 10 years in the past.
That is merely a mirrored image that the economic system is popping down, and the Sovereign Debt Disaster is beginning to come to a head. Trump not less than understands debt. He could also be known as many names, however the challenge will come to mild, and he not less than comprehends a debt disaster, whereas our legislators assume that is how they run the federal government, and somebody will at all times purchase their debt. After they can’t promote the brand new debt to repay the outdated, every thing will come crashing down. That is beginning to come to a head this yr, going into 2026. They are going to impose capital controls in Europe. They’re making an attempt speech controls first.
Olaf Scholz assumed workplace in December 2021. Simply have a look at the German bond market. It went right into a panic decline in 2022. Europe goes to have a debt disaster actually starting to floor subsequent yr. However increasingly individuals are going to take discover this yr.
The polls nonetheless present that the Union (CDU/CSU) is main with a median of 30%, whereas the second strongest is the AfD, operating about 21%. The subsequent election shall be on February twenty third, 2025.
We are able to see that we do have a Panic Cycle the week main into the election that weekend. Then, there’s choppiness for the next 3 weeks with a string of Directional Modifications.
Alice Weidel of the AFD delivered a speech that hit residence in Germany, exposing Scholz and his left-green authoritarian seizure of Germany. She defined that whereas migrants have been attacking our folks, Scholz had tried to silence the opposition and had even tried to ban the AfD. She stated: “Somebody who thinks so authoritarian shouldn’t be the Chancellor of Germany.”
We present a Directional Change and a Panic Cycle due in February that strains up with the German election. An AfD victory can ship the greenback greater and begin to unwind the Euro. It’s now 26 years for the reason that start of the euro. Cyclically, that is simply time for the stress to emerge since it’s unlikely that the euro will nonetheless exist by 2030 – 31 years from its creation.
