QUESTION: Mr. Armstrong, Thanks for talking the reality in regards to the timeline of this battle with Ukraine. Each information story right here in Europe says the identical factor. Russia was unprovoked. By no means in my total life have I ever witnessed such outright lies by the press. I don’t see the Europeans rising as much as overthrow these governments. We’re sheep being led to the slaughter. You could have forecasted that the euro will now not exist, and they’re quickly transferring to digital currencies, which will probably be, as you say, for capital management. We won’t be able to go away or get our cash out. Will you do a particular report on Europe? I feel it’s time to put together for the longer term ahead of later.
I’m a terrific admirer of your braveness and endurance.
Hans
ANSWER: It offers me no pleasure to dwell via Socrates’s forecasts as we head into 2032 when even the euro has a Panic Cycle. I’ve executed my greatest to attempt to defeat my very own pc to no avail. No one will take heed to me, and so they definitely by no means take heed to historical past, assuming this time is all the time totally different. That’s simply a part of the cycle. These of us who see the patterns are condemned to sit down on the sidelines and watch everybody repeat historical past repeatedly.
The euro has damaged final yr’s low and remains to be buying and selling beneath it. We have now a really critical Panic Cycle for Europe subsequent yr, and they’re pushing to cancel the forex’s transfer to digital ASAP. All they have a look at is capital controls, which can stop financial institution runs and cease capital fleeing. They’re making an attempt to regulate their threat of the collapse of the EU.
Germany counterfeited the British pound throughout World Struggle II to undermine their financial system. Nonetheless, with digital currencies, Russia has an EPM bomb. All they must do is explode one over Europe, and you’ll fry the electrical elements and kill the digital euro altogether. That is how all governments work. They’re fully myopic, like local weather change or COVID-19. In each circumstances, they by no means thought-about that this is able to drastically shrink the financial system. Solely afterward, backstage, do I get the calls. Are you able to repair it?
When she was on the IMF, Christine Lagarde threatened tax havens to show over all of the individuals with accounts there or take away them from the SWIFT system. She even did that to the Vatican. She was the one who began this insane coverage that her buddy, Obama, tried on Russia in 2014, and SWIFT refused to conform. So, they changed the top of SWIFT in 2019, and he eliminated Russia from SWIFT, which set BRICS in movement. They’re all the time myopic and by no means contemplate the counter-move in chess.
Now, Lagarde runs the ECB, pushing for the cancellation of the forex and transferring to digital. That is about taxes once more. She hates the wealthy, aside from politicians, and is a pure socialist whereas prancing round as one of many best-dressed girls in Europe in $10,000 designer attire.
Christine Lagarde, head of the IMF, could possibly be charged with cash laundering as she transported greater than $10,000 price of products with out declaring them. Lagarde appeared in New York Metropolis carrying French designs in a Chanel gown price €3000, €6000 for her Hermès purse, and at the least €500 for her Christian Louboutin footwear, bringing the overall to about €9500, not counting jewellery, in fact.
That is like Biden’s Local weather C zar, John Kerry, flying round in his personal jets whereas telling us to experience a bicycle or stroll to work in our 15-minute cities. Then he tells coal miners to get an actual job studying how one can make photo voltaic panels.
I’m engaged on an in depth report overlaying the person international locations and the break up of the EU down the pike.
