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Neocons Need War Because Monetary System Collapsing – Martin Armstrong
usawatchdog ^ | 02/22/2023 | Greg Hunter

Posted on 02/22/2023 11:02:18 AM PST by jimwatx

Legendary financial and geopolitical cycle analyst Martin Armstrong said at the end of last year the U.S. is being set up for a “nightmare fall.” Train derailments and political problems are spinning out of control, but the biggest threat is war. Armstrong explains, “They want a war, but they also need it because the monetary system is collapsing. . . . You have had interest rates at negative since 2014. So, suddenly interest rates are rising. Any bond owned by any institution in Europe is a loser. They have lost so much money, it’s incredible. What happens? Nobody is interested in long term debt – period. . . . If you have interest rates rising, and rates are going to be going up because the Fed cannot stop this kind of inflation. Then, you got war. You have untold billions of dollars being shipped into Ukraine which is absurd. This is what you have. . . . You also have to look at what Janet Yellen said, and she was concerned with the tons of new debt coming out. You are exceeding the balance sheets of the Primary Dealers. To be a Primary dealer you have to be able to guarantee you will be able to buy X amount of debt. If you can’t sell it, what happens? The bank is stuck with the debt, and then, they go bust. So, we have a real problem here. They cannot continue to issue this kind of debt in perpetuity. They have been borrowing money since WWII with no intention of paying anything off. . . . The Fed is independent, and they don’t want the long term debt. They have been moving towards the short end of the curve. How do you continue to fund a government if there are no buyers for the debt? This is on a global scale.”

So, war checks all the boxes? Armstrong says, “Absolutely. They get to default on all this debt which is the real objective. That’s why (Klaus) Schwab is out there saying you’ll own nothing and be happy. He’s trying to make it sound like they are doing this for you. We are going to default on all debt and relive you of all your debt. This is because they are going to wipe out everything. Pension funds will be all gone. That’s why they are coming out with guaranteed basic income to replace your pension. They’ve got this all worked out. That’s what the end goal is here because they cannot continue to function this way. They cannot continue to borrow whatever they need with no intention of ever paying it back.”

Armstrong reveals why the 2024 elections may not happen. Can the Deep State commit enough voter fraud to keep Biden and the rest of the Neocons in power? Armstrong says most of what is happening today is the fault of the Neocons, and they have control of both parties. Armstrong points out Democrat Hillary Clinton paid for the phony Trump/Russia dossier, and Republican John McCain delivered it to the FBI. Armstrong calls it the “Uni-party,” and goes deep on the problems the Neocons are causing on purpose.


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: criminal; fraud; kook; russianemployee
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1 posted on 02/22/2023 11:02:18 AM PST by jimwatx
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To: jimwatx

I told my wife years ago that global debt had gotten so high that the only way out was to either default and start with a clean slate or institute a fiat digital currency that could be controlled by a world financial cabal and valued as necessary to keep countries afloat or sink them as desired. Or a combination of both.


2 posted on 02/22/2023 11:12:34 AM PST by redangus
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To: jimwatx

Russia needs wars because it’s in need for others natural resources.

That’s why Russia is land-grabbing and annexing by force other sovereign nations.

You seem to forget that...

There, corrected it for you.


3 posted on 02/22/2023 11:14:53 AM PST by USA-FRANCE
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To: USA-FRANCE

Russia is not your enemy.

Your enemy is in Washington DC.

By the time you figure it out it will be too late.


4 posted on 02/22/2023 11:17:29 AM PST by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: jimwatx

Legendary? You mean that convicted felon Martin Armstrong who served 11 years in prison for ripping off his investors?


5 posted on 02/22/2023 11:17:42 AM PST by Timber Rattler ("To hold a pen is to be at war." --Voltaire)
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To: USA-FRANCE

Russia is in need of nothing- self sufficient. Their 11 time zones encompass vast reserves of every commodity, food, grain, water, oil, gas, uranium, metals… in short, everything the collective West needs.


6 posted on 02/22/2023 11:19:15 AM PST by delta7
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To: jimwatx

I’d have to think this one through. Even back 40+ years ago some people suggested that we continue our massive defense spending and go to all these regional wars because federal war spending is what got us out of the Great Depression.

But this Ukraine thing is much more problematic. I think in part it was easy to rally large support because Russia Russia Russia mantra. Putin is acting horribly evil but the whole “Russia stole the election” and “Trump is Putin’s puppet” stuff made it easier to sell. But I also cannot disconnect all that from the whole Hunter Biden $1 million Burisma deal, Joe Biden’s blackmail to stop the investigation into Burisma, Trump’s phone call asking for information, and the impeachment of Trump over that phone call. Something else about Ukraine itself going on here. We probably had a hand in blowing up that pipeline to keep Germany in our camp; and there are probably those in the national security apparatus that think it’s a great idea to turn Ukraine into a client state so we can exert more influence over Europe.

Now I am worried about China supporting Russia the way we support Ukraine. It’s costing us money and ammunition and we have a handful of advisors. China could throw money and munitions to Russia too. Then we’re in a bigger proxy war. And China is eying not just Taiwan but northeastern Russia. They may not invade Russia but they sure want access to their resources. Biden’s rhetoric has boxed us into a corner we may not be able to get out of without losing a lot of face and influence - or, escalating further. The rest of the world is watching and the more distracted and weakened we look the more they will make their own regional moves.


7 posted on 02/22/2023 11:20:33 AM PST by monkeyshine (live and let live is dead)
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To: USA-FRANCE

“Russia needs wars because it’s in need for others natural resources.”
********************************************

What the hell are you talking about, Russia is loaded with natural resources sheesh.


8 posted on 02/22/2023 11:31:27 AM PST by jimwatx
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To: jimwatx

It was very nice of Putin to start a war for the ‘neocons’. Maybe he should foil their eeeeevil plans by ending his stupid war and going home.


9 posted on 02/22/2023 11:33:29 AM PST by MeganC (There is nothing feminine about feminism. )
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To: jimwatx

Those who use Ad Hominem personal attacks against Martin Armstrong fear his statements and are cognitively incapable of proving his assertions incorrect or they would have.


10 posted on 02/22/2023 11:33:57 AM PST by Its All Over Except ...
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To: jimwatx

Saudi Arabia, which does not care for Biden and knows what a disaster his presidency is, no doubt will be allowed to join BRICS within a years time. Oil sales no longer trading only in dollars will probably follow soon after.


11 posted on 02/22/2023 11:36:26 AM PST by Its All Over Except ...
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To: monkeyshine

“Biden’s rhetoric has boxed us into a corner we may not be able to get out of without losing a lot of face and influence - or, escalating further.”
**************************************************

The neocons are doing everything they can to escalate things, I don’t think they will back down unless forced to by public opinion both here and in Europe. They are trying to slow walk us into WW3.


12 posted on 02/22/2023 11:38:37 AM PST by jimwatx
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To: Its All Over Except ...

Martin Armstrong is always very careful to never criticize Putin

why is that?

well obviously, Martin Armstrong works for Russia


13 posted on 02/22/2023 11:38:48 AM PST by canuck_conservative (Year Two now of Putin's "simple 1-month conquest" !!)
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To: jimwatx

Martin Armstrong: crook, cheat and con artist par excellence:

https://en.wikipedia.org/wiki/Martin_A._Armstrong

In 1999, Japanese fraud investigators accused Armstrong of collecting money from Japanese investors, improperly commingling these funds with funds from other investors, and using the fresh money to cover losses he had incurred while trading.[13] United States prosecutors called it a three-billion-dollar Ponzi scheme.[14] Allegedly assisting Armstrong in his scheme was the Republic New York Corporation, which produced false account statements to reassure Armstrong’s investors. In 2001, the bank agreed to pay US$606 million as restitution for its part in the scandal.[14]

Armstrong was indicted in 1999 and ordered by Judge Richard Owen to turn over fifteen million dollars in gold bars and antiquities bought with the fund’s money; the list included bronze helmets and a bust of Julius Caesar.[15][16] Armstrong produced some of the items but claimed the others were not in his possession; this led to several contempt of court charges brought by the SEC and the CFTC, for which he served seven years in jail until he reached a plea bargain with federal prosecutors.[17][18][19] Under the terms of the agreement, Armstrong admitted to deceiving corporate investors and improperly commingling client funds—actions that according to prosecutors resulted in commodities losses of more than seven hundred million dollars—and was sentenced to five years in prison.[20][15]

He was released from federal custody on 2 September 2011 after serving a total of eleven years behind bars.[21][22]

The case against Armstrong was finally closed in 2017, with the distribution of about $80 million to claim holders by the receiver, according to court filings.[23] Armstrong appealed the refusal of the receiver to transport his remaining possessions from storage lockers in New York and Pennsylvania to him in Florida, but the appeal failed in 2019. Concerning his felony conviction, Armstrong is “unrepentant”, according to Bloomberg.[1]

Hidden rare coins cache
In 2014, a day laborer sold a box of 58 rare coins—which he said he had found while clearing out the basement of a house in New Jersey—to a Philadelphia thrift shop for $6,000. Three years later, in 2017, when the thrift shop announced they were to auction the coins—valued at $2.5 million—Armstrong came forward to declare himself to be the rightful owner. He claimed that he had hidden the coins in his mother’s old house to take them “off the books” in anticipation of the public offering of his firm. The thrift shop sued Armstrong, asking the court to declare the thrift shop as rightful owners while Armstrong counter-sued, also seeking ownership. In 2019 the US government found out about the coins and claimed them as part of the treasure hoard Armstrong had refused to hand over in 1999, and for which he had served seven years in jail for contempt. (In addition to rare coins, the treasure hoard—valued at $12.9 million—included 102 gold bars, 699 gold coins, and an ancient bust of Julius Caesar.)[24][25]

Armstrong was deposed and, according to Receiver Alan M. Cohen, Armstrong admitted hiding the coins. However, Armstrong’s attorneys said in a court filing that Armstrong did not make this admission. The auction house now possesses the coins and the US government has filed suit to take possession.[24][25]


14 posted on 02/22/2023 11:41:15 AM PST by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: catnipman

Your forgot…general kook.


15 posted on 02/22/2023 11:42:46 AM PST by Vermont Lt
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To: Its All Over Except ...

Yeah the Saudis have already come out and said they are open to accepting other currencies for their oil.


16 posted on 02/22/2023 11:43:13 AM PST by jimwatx
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To: USA-FRANCE

“ Russia needs wars because it’s in need for others natural resources.”

Russia has a lot of natural resources. A lot.


17 posted on 02/22/2023 11:43:24 AM PST by GrumpyOldGuy
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To: Vermont Lt

There’s nothing “kooky” about what he’s saying here, this war is about preserving the Western financial system which up till now has been based on the dollar as the world’s reserve currency.


18 posted on 02/22/2023 11:48:34 AM PST by jimwatx
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To: GrumpyOldGuy
Russia has a lot of natural resources. A lot

so what?


19 posted on 02/22/2023 11:53:39 AM PST by canuck_conservative (Year Two now of Putin's "simple 1-month conquest" !!)
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To: USA-FRANCE
Russia needs wars because it’s in need for others natural resources.

Ludicrous. The country with the most resources in the entire world doesn’t need additional resources. It needs security to defend its resources.
20 posted on 02/22/2023 11:55:12 AM PST by Jan_Sobieski (Sanctification)
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