QUESTION: Mr. Armstrong, Thanks for talking the reality concerning the timeline of this struggle with Ukraine. Each information story right here in Europe says the identical factor. Russia was unprovoked. By no means in my complete 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 may have forecasted that the euro will not exist, and they’re quickly shifting to digital currencies, which will likely 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 believe it’s time to put together for the long run earlier than later.
I’m a fantastic admirer of your braveness and endurance.
Hans
ANSWER: It provides me no pleasure to stay via Socrates’s forecasts as we head into 2032 when even the euro has a Panic Cycle. I’ve performed my greatest to attempt to defeat my very own laptop to no avail. No person will hearken to me, they usually actually by no means hearken 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 take a seat on the sidelines and watch everybody repeat historical past repeatedly.
The euro has damaged final 12 months’s low and continues to be buying and selling under it. We have now a really severe Panic Cycle for Europe subsequent 12 months, and they’re pushing to cancel the forex’s transfer to digital ASAP. All they take a look at is capital controls, which can stop financial institution runs and cease capital fleeing. They’re attempting to regulate their danger of the collapse of the EU.
Germany counterfeited the British pound throughout World Warfare II to undermine their financial system. Nevertheless, with digital currencies, Russia has an EPM bomb. All they should 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 solely 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 folks 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 pinnacle 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 shifting 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, might 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 sporting French designs in a Chanel gown value €3000, €6000 for her Hermès purse, and no less than €500 for her Christian Louboutin footwear, bringing the entire to about €9500, not counting jewellery, in fact.
That is like Biden’s Local weather C zar, John Kerry, flying round in his non-public 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 easy methods to make photo voltaic panels.
I’m engaged on an in depth report overlaying the person nations and the break up of the EU down the pike.