COMMENT: Are we actually in a free world? Or is it only a subjective assumption. I’ve requested myself many instances that query. Right now’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 provide Zelensky the voice, the display time, and in the meantime Russia is consistently demonized. We have now the ineffective youth on velocity dial to attend any protest to victimize Hamas! How completely silly society has fallen?You, Mr Armstrong, are breaking all of the data in my ebook of the person who is on a mission to get the reality out. I simply hope it isn’t placing you in any hazard or affecting your well being – your effectively being has to return first!?As at all times, you’re 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 just look exhausted. You, my pricey sir, are burning the candle at each ends. As somebody who appreciates you, I can solely want that you just discover the steadiness for work and unwind -maybe a pleasant Thanksgiving turkey dinner with a mouth watering pumpkin pie ?might be a propeller to self care. As they are saying, good meals and good firm are two of life’s best pleasures.
REPLY: Thanks. We have now to face for one thing. They’ve completed 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 at all times awake. Many are involved about Trump’s Tariffs. It’ll ship the world right into a despair just like the Nineteen Thirties. They name me as a result of, as a good friend in Washington stated, I yell at them. Since I refuse to simply 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 Despair have been debated for many years. The issue with all the evaluation is that this identical try to scale back the trigger to a single occasion. At school, we learn The Nice Crash by Galbraith. He was a socialist, so he blamed the companies and by no means bothered even to say the Sovereign Defaults of 1931, for that may have accused the federal government as a substitute of the personal sector. Then there may be the argument that the tariffs at the very least “contributed” to the Nice Despair in the event that they have 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 understand that the rise within the greenback had made international imports cheaper. As European governments have 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 fee. 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 battle on the horizon, capital flows to the US, as was the case with World Conflict 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 capabilities since we’re all linked. I’m not all for some positions. I cannot give up my independence or my firm for some appointment. I’ve no drawback assembly or providing recommendation. However I additionally can not 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 not settle for any cash, even from our personal authorities.
I’ve at all times tried to defeat my very own pc. I’ve but to win a single battle. Because the French say: ce qui sera sera
——;
I understand that is futile, however whoever is economically advising Trump
needs 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 revenue
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 below 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 all over the world EXCEPT within the USA
Netflix was “told” they weren’t allowed to point out it.
Get rid of the revenue tax, and all the businesses will come residence.
You don’t want the silly tariffs. That can create an financial
despair and destroy the Republican Social gathering as they did to Hoover.
No one ever desires to take heed to individuals with actual expertise.
It’s at all times some bullshit educational 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
