QUESTION: Mr. Armstrong, Thanks for talking the reality concerning the timeline of this conflict 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 will have forecasted that the euro will now not exist, and they’re quickly transferring to digital currencies, which can 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 earlier than later.
I’m an awesome admirer of your braveness and endurance.
Hans
ANSWER: It offers me no pleasure to reside by Socrates’s forecasts as we head into 2032 when even the euro has a Panic Cycle. I’ve finished my greatest to attempt to defeat my very own pc to no avail. No person will take heed to me, and so they actually by no means take heed to historical past, assuming this time is at all times 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 continues to be buying and selling under it. We now have a really severe Panic Cycle for Europe subsequent yr, and they’re pushing to cancel the foreign money’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 attempting to regulate their threat of the collapse of the EU.
Germany counterfeited the British pound throughout World Battle II to undermine their financial system. Nonetheless, with digital currencies, Russia has an EPM bomb. All they need to do is explode one over Europe, and you’ll fry the electrical parts and kill the digital euro altogether. That is how all governments work. They’re completely myopic, like local weather change or COVID-19. In each instances, they by no means thought-about that this may 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 at all times myopic and by no means take into account the counter-move in chess.
Now, Lagarde runs the ECB, pushing for the cancellation of the foreign money and transferring to digital. That is about taxes another time. She hates the wealthy, aside from politicians, and is a pure socialist whereas prancing round as one of many best-dressed ladies in Europe in $10,000 designer attire.
Christine Lagarde, head of the IMF, may very well be charged with cash laundering as she transported greater than $10,000 value of products with out declaring them. Lagarde appeared in New York Metropolis carrying French designs in a Chanel costume value €3000, €6000 for her Hermès purse, and no less than €500 for her Christian Louboutin footwear, bringing the full 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 journey 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 protecting the person nations and the break up of the EU down the pike.
