COMMENT: Are we actually in a free world? Or is it only a subjective assumption. I’ve requested myself many occasions that query. Immediately’s interview with the Russian ambassador and his revelation that he doesn’t have a really cordial relationship with both the Dutch media nor the federal government officers -such a hypocrisy they offer Zelensky the voice, the display time, and in the meantime Russia is consistently demonized. Now we have the ineffective youth on velocity dial to attend any protest to victimize Hamas! How totally silly society has fallen?
You, Mr Armstrong, are breaking all of the data in my guide of the person who is on a mission to get the reality out. I simply hope it’s not placing you in any hazard or affecting your well being – your properly being has to come back first!?
As all the time, you might be in my ideas.
Ps. I’m watching your interview for espresso and a Mike and with out attempting to be impertinent, I’m involved that you simply look exhausted. You, my pricey sir, are burning the candle at each ends. As somebody who appreciates you, I can solely want that you simply discover the stability for work and unwind -maybe a pleasant Thanksgiving turkey dinner with a mouth watering pumpkin pie ?could possibly be a propeller to self care. As they are saying, good meals and good firm are two of life’s best pleasures.
REPLY: Thanks. Now we have to face for one thing. They’ve finished their finest to silence me through the years. They even tried to kill me, however after a coma, I awoke to their dismay. Sure, I used to be exhausted. I used to be up all night time fielding questions from many abroad. I didn’t get to lie down till 3 pm. It’s been loopy, to place it mildly. The draw back of getting workplaces all over the world is that somebody is all the time awake. Many are involved about Trump’s Tariffs. It’ll ship the world right into a melancholy just like the Nineteen Thirties. They name me as a result of, as a buddy in Washington mentioned, I yell at them. Since I refuse to just accept cash from any authorities, they have a tendency to belief me extra as a result of I cannot say what they wish to hear simply to maintain a job.
The causes of the Nice Melancholy have been debated for many years. The issue with the entire evaluation is that this identical try to cut back the trigger to a single occasion. In class, we learn The Nice Crash by Galbraith. He was a socialist, so he blamed the firms and by no means bothered even to say the Sovereign Defaults of 1931, for that will have accused the federal government as a substitute of the personal sector. Then there’s the argument that the tariffs at the least “contributed” to the Nice Melancholy in the event that they had been the main issue, once more disregarding the Sovereign Debt defaults.
Smoot-Hawley wasn’t signed into regulation till June seventeenth, 1930, when shares had already taken a nostril dive from the 1929 September excessive. The market had already turned down, and by early 1930, politicians failed to grasp that the rise within the greenback had made overseas imports cheaper. As European governments had been affected by a debt disaster, the Fed lowered US charges in 1927, attempting to deflect capital inflows again to Europe.
1927 was the primary G4 when the US lowered charges on the request of Europe, hoping that capital would return to Europe for a better price. It backfired, solely proving that there was a European debt disaster. Historical past has an uncanny means of repeating as a result of human nature by no means adjustments. As soon as once more, with warfare on the horizon, capital flows to the US, as was the case with World Struggle I.
These advising Trump on this tariff nonsense are means too conflicted and fail to know historical past, no much less how the world economic system features since we’re all linked. I’m not concerned with some positions. I cannot give up my independence or my firm for some appointment. I’ve no downside assembly or providing recommendation. However I additionally can’t settle for any cash from ANY authorities for recommendation as a result of the legal guidelines then make me an agent of such a rustic. I can’t settle for any cash, even from our personal authorities.
I’ve all the time tried to defeat my very own laptop. I’ve but to win a single battle. Because the French say: ce qui sera sera
These advising Trump are idiots. They don’t perceive how the world economic system features. We can’t have a growth time right here when the remainder of the world is contracting/ The world economic system and peace survive on free commerce. The sanctions in opposition to Russia blackballing it from the SWIFT system led to BRICS as different nations rejected this authoritarian coverage from American Neocons. This was the warning I emailed yesterday to each Trump and RFK:
——;
I notice that is futile, however whoever is economically advising Trump
must be thrown in jail. The rationale we import and have
the commerce deficit is due to taxation that moved corporations
offshore to compete since we’ve worldwide earnings
and different nations don’t, besides Japan.
It’s the tariffs and he’ll create a worldwide DEPRESSION
on this silly recommendation. Once I testified earlier than the Home Methods
and Means Committee, I had underneath contract the equal of fifty% of the
US nationwide debt. NOBODY has had extra worldwide
establishments than I’ve. That’s the reason the NY bankers
wished to close me down.
They’re popping out with one other Documentary on my case subsequent yr
It was proven on TV all over the world EXCEPT within the USA
Netflix was “instructed” they weren’t allowed to indicate it.
Remove the earnings tax, and all the businesses will come dwelling.
You don’t want the silly tariffs. That may create an financial
melancholy and destroy the Republican Social gathering as they did to Hoover.
No one ever desires to hearken to individuals with actual expertise.
It’s all the time some bullshit educational who has zero expertise.
That’s my 2cents
I’ll advise my purchasers that Trump will destroy
the world economic system and BRICS will win.
M. Armstrong
