COMMENT: Are we actually in a free world? Or is it only a subjective assumption. I’ve requested myself many occasions that query. At the moment’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 screen time, and in the meantime Russia is continually demonized. We have now the ineffective youth on pace dial to attend any protest to victimize Hamas! How completely silly society has fallen?
You, Mr Armstrong, are breaking all of the information 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 making an attempt 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 steadiness for work and unwind -maybe a pleasant Thanksgiving turkey dinner with a mouth watering pumpkin pie ?may very well be a propeller to self care. As they are saying, good meals and good firm are two of life’s biggest pleasures.
REPLY: Thanks. We have now to face for one thing. They’ve executed their greatest 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 around the globe is that somebody is all the time awake. Many are involved about Trump’s Tariffs. It should ship the world right into a despair just like the Nineteen Thirties. They name me as a result of, as a buddy in Washington stated, 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 need 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. At school, 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 may have accused the federal government as an alternative of the personal sector. Then there may be 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 legislation 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 international imports cheaper. As European governments had been affected by a debt disaster, the Fed lowered US charges in 1927, making an attempt 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 approach of repeating as a result of human nature by no means adjustments. As soon as once more, with conflict on the horizon, capital flows to the US, as was the case with World Warfare I.
These advising Trump on this tariff nonsense are approach too conflicted and fail to know historical past, no much less how the world economic system capabilities since we’re all related. 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 pc. 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 capabilities. 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 towards 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
ought to be thrown in jail. The explanation we import and have
the commerce deficit is due to taxation that moved corporations
offshore to compete since we now have 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 beneath 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
needed to close me down.
They’re popping out with one other Documentary on my case subsequent yr
It was proven on TV around the globe EXCEPT within the USA
Netflix was “informed” they weren’t allowed to point out it.
Eradicate the earnings tax, and all the businesses will come house.
You do not want the silly tariffs. That may create an financial
despair and destroy the Republican Get together as they did to Hoover.
No person ever needs to hearken to individuals with actual expertise.
It’s all the time some bullshit tutorial who has zero expertise.
That’s my 2cents
I’ll advise my shoppers that Trump will destroy
the world economic system and BRICS will win.
M. Armstrong
