Fight it or prepare for it - communism it is. You can sit in a smoky corner and debate whether it's actually state corporatism -- and it shares certain characteristics but after all it is a NEW world order and is not exactly fascism or communism as was. For you, as the individual on the receiving end, it's going to be nothing like life under fascism. For you, it's going to be communism.
I cannot overstate how influential Martin Armstrong is. He advises governments and banks around the world. He was imprisoned by U.S. authorities who wanted his forecasting software. They accused him of swindling investors. If that was the case he would have cut a deal. He refused, either a deal or to hand over his proprietary software. See the documentary on his life.
This is
the best interview by Greg Hunter since he interviewed Jim Sinclair in spring of 2020.
Want to know exactly what’s happening?
If you eliminate small businesses, you kill the firms that provide 70% of jobs. Nancy Pelosi and the Democrats did not want to bail out small businesses. Why not?
Armstrong has consulted with more governments than anyone and has discussed what is now called The Great Reset for four years.
The European and American governments have followed the Japanese into a debt trap. That debt trap was caused by the CIA-World Bank-IMF but that’s another story.
The EU lowered interests to negative levels in 2014 to try to stimulate the economy. After six years they have failed and, worse, they are trapped. They cannot sell raise money because they offer no return: you can’t sell bonds at negative yields.
Pension companies depend on earnings from holding bonds, because bonds are long-term instruments that are in theory a match for the long-term liabilities of pension funds. But since bonds earn nothing, pension funds are broke. Half of German pension funds are insolvent.
Two solutions are: Convert debt to a perpetual debt (like British Consols, you earn an annual coupon but the government sets no fixed date at which it promises to return your principal) and raise the interest rate to at least 3%.
Armstrong proposes this: he says governments should give up some power and retain the people’s freedom. Governments don't want that. They prefer to retain maximum freedom of maneouvre.
Solution Two is to turn to Klaus Schwab of the World Economic Forum and Thomas Picketty, a 49 year-old French socialist economist and bestseller (I wonder why). Picketty’s idea is to take all property away. That way you can eliminate all debt. You eliminate the pension fund and replace it with Universal Basic Income so the government doesn’t need to keep rolling over bonds to pay pensions. Picketty’s view is that if all your personal private debts disappear, so do the government's obligations. That is why government likes it.
When your debts disappear, so do banks. Big Tech likes that. What does Jack Dorsey of Twitter spend most of his tine on – his second business, Square. A version of Stripe and PayPal. Facebook is trying to put together its own currency. If banks are eliminated and replaced by digital wallets, Big Tech is going to get a percentage of every transaction the world.
This is the real reason Big Tech is censoring discussion on the Internet. It can get away with this because Big Tech has more freedom of action than the government. If the government tried to silence discussion it would fall foul of the Constitution. Big Tech claims they have the freedom of the corporate individual – to censor and promote their objectives.
Turning to Klaus Schwabb’s Eight Predictions for 2030, one is that the United States will no longer be a superpower. The U.S. will share power with nations through the United Nations according to the proposals of George Soros’ Open Society.
Politicians feel the system is broke and can no longer defend it, Keynesian economics has failed and the only way to go is authoritarian.
Armstrong has published internal memos discussing that Germany may suspend the Bundestag Election in August 2021. There is no way the contrived pandemic is going to disappear.
| Armstrong's book, The Cycle of War and The Coronavirus, was
ready in May but the publisher held it back. He received the first hard
copy on the day of the presidential election. |
Martin Armstrong continues:
“Event Covid has been staged to clamp down on civil unrest. The box of masks says it does not prevent disease. So why are people being beaten and thrown into prison for not wearing them? What is going on is a takeover.
CIVIL WAR VS COMMUNISM 3.0
Either way we are going to end up in a civil war. It will probably split the south and middle of the U.S. against New England and the West. These people are using the virus and climate change as a justification to do this. They erected a clock on Time Square and it says we have seven years left.
Neither side is going to accept defeat in the U.S. You are going to see revolutions. People are gong to rise up against this. Manhattan looks like a ghost town. A friend walked around London and at least a third of companies were finished. Even before the second lockdown a third of the shops in Covent Garden were finished.
They have no intention of going back to normal.
People keep saying our collapsing system is capitalism. No it's socialism that's collapsing because governments cannot afford the pension funds, the social benefits that they have promised, and they continue to borrow without ever repaying anybody. The only way to keep that going is to adopt this Modern Monetary Theory where they won't issue debt any more they're just going to print money.
Klaus Schwab calls this the fourth industrial revolution. The problem is no-one organized the first industrial revolution. It is the average person that created the industrial revolution and this is why communism fails because it rejects individual rights and ingenuity. Advancement comes from people not governments. Even Einstein said always imagine.
I call it Communism 3.0 because this is the third time it’s been attempted: 1848, 1917 with the Russian and Chinese revolutions and now we are right back. You would think they’d get over this nonsense."
Martin Armstrong – The Reset is Communism
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