Join Us at the World Economic Conference in Orlando, Florida! Nov. 17-19, 2023
Join Us at the 2023 World Economic Conference in Orlando, Florida!
? Dates: November 17, 18, and 19 ? Location: Orlando, Florida, USA (or tune in from home with our virtual ticket options)
Are you ready to unlock the future of economics and finance? Prepare for an unforgettable World Economic Conference experience in sunny Orlando, Florida! This premier event is your gateway to insights, networking, and valuable resources that will supercharge your understanding of the global economy.
?️ What’s Included for In-Person Attendees:
- Event Admission: Enjoy reserved seating assigned based on the order of ticket sales, ensuring you have a prime view of every presentation.
- Presentation Slides: Gain access to the presentation slides from all speakers, allowing you to delve deeper into the topics discussed.
- Video Recording: Can’t make it to a session? No worries! You’ll receive access to video recordings of all conference presentations, so you can catch up at your convenience.
- WEC Event App: Connect with the conference on a whole new level. Access presentation slides, bonus reports, recordings, and more via the official WEC Event App.
- Bonus Conference Materials: Get a package of bonus conference-related materials, including exclusive bonus reports and videos (as provided by Martin Armstrong).
- Morning Information Sessions: Don’t miss out on important morning information sessions, screened on-site in the meeting room on Saturday and Sunday.
- Networking Opportunities: Exclusive access to the Event App Networking Feature allows you to connect with fellow attendees, both in-person and virtual, fostering valuable professional relationships.
- Culinary Delights: Savor delicious breakfast and lunch on Saturday and Sunday, prepared to keep you energized throughout the day.
- Cocktail Reception: Kick off the conference in style at our Friday evening cocktail reception. Meet and mingle with fellow attendees while enjoying refreshing drinks.
- Swag Bag: As a token of our appreciation, each in-person attendee will receive a swag bag filled with goodies, including an Armstrong Economics notebook, pen, and an event collector’s mug!
Unable to travel? We also have two different ticket options for those wishing to attend virtually!
Don’t miss this opportunity to be part of a global gathering of economic and financial minds. Secure your spot at the World Economic Conference in Orlando, Florida, and gain the knowledge, connections, and resources you need to thrive in the world of finance and economics.
Space is limited, so act now and reserve your seat! Visit our Events page to register and join us in sunny Orlando this November.
NEW BOOK Now Available : "Mark Antony & Cleopatra"
"THE PLOT TO SEIZE RUSSIA - THE UNTOLD HISTORY"
The second edition of “The Plot to Seize Russia – The Untold History” is now available for purchase in paperback and hardcover on Amazon and Barnes and Noble. The ebook will be available shortly.
Book description:
“Take care of Russia,” Boris Yeltsin said as he departed his presidency in August 1999. These words were directed at current Russian president, Vladimir Putin. Yeltsin specifically picked Putin as his predecessor to prevent the takeover of Russia.
So, who was Yeltsin warning against? Newly declassified documents from the Clinton Administration prove that there was a plot to rig the Russian election of 2000. These never-before-seen documents confirm numerous attempts to implement pro-Western policies using the Russian oligarchy headed by Boris Berezovsky.
On the other side were the communists who desired a return to the glory days of the Soviet Union. As one of the largest international hedge fund managers, author Martin Armstrong found himself in the middle of perhaps the greatest espionage, or attempt at a regime change for Russia, in modern history.
The Plot to Seize Russia pulls back the curtain to expose the most extraordinary attempt to seize power in modern history, but with the pen rather than armies. These declassified documents reveal a plot that has altered our thinking about the relations between the United States and Russia. The thirst for power comes seething through every line of these papers that alter our perception of reality, change the course of history, and now threaten us with World War III.
Lagarde: Europe Faces “Existential Crisis”
Christine Lagarde is now warning that Europe faces an “existential crisis” unless urgent reforms are enacted. What she is really admitting is that Europe has reached the end of the centralized model. These are 28 independent nations that were never intended to operate as a single homogeneous culture or economy.
Europe’s problem is not monetary policy. Central banks do not create growth. They merely move liquidity around the system. Growth comes from capital formation, innovation, and confidence. Europe has systematically destroyed all three by punishing success, attacking private enterprise, excessive taxation and regulations. “Would rock-bottom interest rates or QE change the barriers I was talking about? No,” she admitted after years of failed policy.
Lagarde claims that internal trade barriers are now strangling Europe, which is astonishing only because those barriers were intentionally created. Every new regulation raised costs and reduced flexibility. Environmental mandates, tax harmonization, and bureaucratic oversight did not make Europe competitive.
“There will be pushback from multiple corners… from people who say: ‘We’re very happy in our corner of Europe, leave us alone,’” she said. The mass socialized project of ensuring the health of all 28 member states is a failure. Nations do not want to curb their economic growth to build up the economy of another nation. These nations also do not necessarily want to invest billions into a war when Europe is not technically at war. “We did so for COVID because it was a matter of survival,” Lagarde said in response to collective defense funding. “Defence is equally a matter of survival and emergency,” she said, calling it “a perfect case in point” for common issuance.
Capital has been fleeing Europe for years, not because of interest rates, but because confidence has collapsed. When governments constantly change the rules and treat capital as an enemy, long-term investment disappears. Europe has borrowed to maintain living standards rather than to increase productivity. That is the classic path of decline. History shows repeatedly that when debt rises faster than output, systems break. What Lagarde calls an “existential crisis” is simply the moment when that reality can no longer be ignored.
This is not a problem that can be solved with reforms from Brussels. The euro was destined to fail from the outset. The computer has been warning since the dawn of the euro and eurozone that the day WILL come when Europe fragments and nations once again choose sovereignty over centralized control.
Delayed October and November Nonfarm Payrolls in USA
Payrolls in the US declined by 105,000 in October, followed by a 64,000 uptick in November, according to the delayed nonfarm payrolls report by the Bureau of Labor Statistics. Unemployment now sits at 4.6%–a four-year high.
The November jobs data was delayed because a 43-day federal government shutdown disrupted the normal collection of labor market surveys. That alone introduces uncertainty, yet it also amplifies the significance of the patterns we do observe.
Naturally, a portion of lost jobs in October were due to the government shutdown, but the downward trend has emerged. Around 162,000 government positions were shed in October, followed by an additional 6,000 in November. These jobs are inconsequential as they do not add to the economy. October was the third time in the past six months that payrolls went into negative territory. Per usual, previous reports were revised downward. August’s report was revised to show a decline of 26,000 jobs compared to the initially reported 26,000, with 11,000 more jobs lost in September.
The 64,000 additional jobs in November may have beaten expectations, but averaged around 35,000 net jobs per month based on recent readings, which indicated stagnation rather than expansion.
Health care was responsible for 70% of new hires last month, or 46,000 positions. Construction also experienced a notable gain of 28,000. Transportation and warehousing decreased by 18,000 as AI takes over those positions. Leisure and hospitality shed 12,000.
The number of people holding more than one job increased, as did the number of discouraged workers and those adding part-time jobs to make ends meet to 8.7%. This high has not been seen since August 2021 when the US economy was slowly recovering from lockdowns.
December’s report will be released ahead of the Federal Open Market Committee’s meeting in January, but the Fed cannot change the labor market through rates. The central bank cut rates three times this year and nothing changed. Expect slower growth, rising unemployment, and a re-evaluation of rate policy in early 2026.
The Confusing World
QUESTION: Marty, Socrates has forecast a global recession into 2028. Unemployment remains low, yet layoffs continue to make headlines. Inflation has slowed, but grocery prices keep rising. Corporate profits have climbed, but small businesses are struggling. Europe is imploding as you warned they would face a depression, while we have stagflation. We are also entering a period of increased earthquakes and volcanic activity, as you forecast. You also forecast that we will be entering a period of dramatic population decline going into 2040. At the 2024 WEC, you said the Democratic Party was moving toward a split. All of this is a backdrop to your war forecasts. You also forecast that China would surpass the United States a decade ago. You said that AI is like the Internet, which also displaced jobs.
Is all of this part of the reorganizing of the world post-2032?
Ken
ANSWER: Yes. I have explained before, the birth rate declines the richer a country becomes. The Roman Emperor Augustus (27BC-13AD) passed Family Laws for this very reason. The average age for a girl to have her first child in 1933 was 23 years old. That is now reaching 30 years old and the birth rate is collapsing. This is part of the reason why they have let in the migrants. By 2030. the birth rate in the UK will be short 1 million babies while there will be 1 million more pensioners. The pension systems are ponzi schemes that were based on the presumption that the population was always rising. The entire financial system is in crisis.
The US, Japan, Europe, and even Singapore are facing population collapse by 2032. France reported the lowest birthrate since 1919 with World War I. The typical excuse is that having children is a burden. It is too costly and the future is too uncertain. When my parents were living, one salary supported the family. Today, because of excessive taxation and regulation, it takes two salaries and people are not confortable with that.
We are also in a transition period. Our most significant risks is like the 19th-century transition to the Industrial Revolution. Marx and others did not understand the transition process. They saw a farmer now as a factory worker and the capitalist made money from his labor, while ignoring the creation of jobs.
It is a Schumpeter version of creative destruction. The old establishment collapses, replaced by the new economic trend. Marx was influenced by Aristotle, who also did not understand the transition as Athens became the world’s new financial capital. Brokers were encouraging farmers to produce more because they could sell grain to other city-states. Aristotle called them the men who made money from money. Aristotle saw that this was changing what I call the Villa Economy, where people were self-sufficient and were being transformed into a market economy.
The transition to the Industrial Revolution ignited socialism/communism. These radical ideas of monetary equality rather than civil right equality led to class warfare. By 1912, Teddy Roosevelt launched the failed Progressive Party. But by 1913, their hatred and class warfare gave us the income tax to punish the wealthy and this level of monetary resentment led to two world wars. All of this is a trend that unfortunately leads to war as the final culmination of class warfare and hatred.
Communism collapsed 72 years after the upheaval of 1917. The Treaty of Rome was signed in 1957. The 72-year Revolution Cycle brings us again to 2029. Socialism is collapsing the same as communism in Russia and China. The radical idea of the 19th century which have killed hundreds of millions in the name of equality, are coming to their same inefficient realization. This is why you see Europe desperate attacking free speech etc.
There are times when earthquakes and volcanoes cluster together. That took place during the 19th century. That led to the year without a summer in 1816 and Napoleon was defeated by two volcanoes. The year 2025 should have produced more volcanoes and earthquakes. We just had a double earthquake one in Japan and then in Alaska. They are clustering again.
Japan sits on the western edge of the Pacific Plate, where the Pacific Plate subducts beneath. Alaska sits on the northern–eastern edge of the Pacific Plate, where the Pacific Plate subducts beneath. Japan and Alaska are on opposite sides of the Pacific Plate and both are part of the Pacific Ring of Fire as both experience megathrust subduction earthquakes. The computer simply looks at the data and calculated the cycles. This does not look like it will calm down before 2032.
Market Talk – December 16, 2025
US/AMERICAS:
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DJIA declined by 302.30 points (-0.62%) to 48,114.26
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S&P 500 declined by 16.25 points (-0.24%) to 6,800.26
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NASDAQ advanced by 54.05 points (0.23%) to 23,111.462
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Russell 2000 declined by 11.36 points (-0.45%) to 2,519.305
Canada Market Closings:
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TSX Composite declined by 219.51 points (-0.70%) to 31,263.93
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TSX 60 declined by 13.94 points (-0.75%) to 1,834.06
Brazil Market Closing:
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Bovespa declined by 3,517.62 points (-2.16%) to 158,964.12
PRIVATE BLOG – Gold & the Risks
PRIVATE BLOG – Gold & the Risks
Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.
US Homeland Security Rescues 62,000 Unaccompanied Minors from Trafficking
? BOMBSHELL: Border Czar Tom Homan just confirmed they’ve located over 62,000 unaccompanied kids who vanished after Biden’s open border disaster let them in.
Saving the children!
pic.twitter.com/HLWyPW3RtC— Gunther Eagleman™ (@GuntherEagleman) December 7, 2025
Mass migration through open border policies is inhumane. I may often focus on the economic implications, but it is crucial to understand how these policies have destroyed the very people they claim to protect. Thousands of men, women, and children have died in their attempt to reach the West. Unaccompanied minors have gone missing—millions of children lost—most likely becoming victims of human trafficking organizations.
Border czar Tom Homan announced that 62,000 children have been rescued from forced labor and sexual slavery through the Trump Administration’s border control policies. “Over half a million children were smuggled into this country under Joe Biden,” Homan said. “They lost track of 300,000. President Trump committed on day one that we will do everything we can to find every one of these children. We know many of them are in sex trafficking. Many are in forced labor. Many are being abused,” Homan added. “I can’t discuss some of the mistreatment we found out about. President Trump again proved why he’s the greatest president in my lifetime. Over 62,000 children rescued.”
Sadly, this figure is a mass underreporting since the government does not know how many children have gone missing. Under Biden, the Immigration and Customs Enforcement (ICE) released nearly 300,000 notices after detention who were unaccompanied, in a foreign nation alone. Joe Biden, Kamala Harris, and every proponent of open border policies has blood on their hands. Based on this small scaled sample, around a quarter of a million CHILDREN ARE MISSING! No one had been looking for them.
Former HHS Secretary Xavier Becerra became Biden’s scapegoat after he publicly failed to answer questions surrounding missing minors. Their goal was to lower the number of minors in US detention facilities to appease the “kids in cages” crowd who believed vulnerable minors would be better off “free” to roam the US. These children never stood a chance. Some of the children were released to unvetted sponsors with little to no documentation.
The left insists these minors are happily living with relatives and merely hiding from the big bad authorities. In truth, hundreds of thousands of vulnerable children are missing and most will never return home.
Vitrologe – Acid Attacks Against Women Supported by Religious Text
A woman was leaving a church in Savannah, Georgia, when an unknown man poured acid over her body. The woman survived but has second and third-degree burns covering 50% of her body and will be permanently disfigured. At this time, authorities are not labeling this as a hate crime.
Acid attacks have become more commonplace in countries with excessive immigration from Islamic nations. The United Kingdom, for example, has the highest rate of acid attacks across the West, with 1,244 offenses happening since 2022. Why is this happening?
The answer can be found in the Quran, and specifically, the chapter on The Women:
Surah 4:56 “Indeed, those who disbelieve in Our verses – We will drive them into a Fire. Every time their skins are roasted through We will replace them with other skins so they may taste the punishment. Indeed, Allah is ever Exalted in Might and Wise.”
Surah 4:57 “But those who believe and do righteous deeds – We will admit them to gardens beneath which rivers flow, wherein they abide forever. For them therein are purified spouses, and We will admit them to deepening shade.”
I have not seen any media outlet stating this clear, concrete fact. Yes, people have misinterpreted religious texts since the dawn of time. But Islamic EXTREMISTS who have flooded the West believe this literal translation. Not only do women deserve “punishment” by having their skin “roasted through,” but Allah will show favor to the men carrying out the execution.
Again, extremists are taking this literal interpretation and applying it to their new taxpayer-subsidized lives in Western nations. There is a word for this punishment— vitriolage. Places like Bangladesh have had to impose the death sentence to prevent extremists from attacking women. It is one of the cruelest, inhumane forms of violence that is becoming commonplace in Western societies due to open border policies. Yet another open border import. Western women and Islamic ideology do not mix. This was a HATE crime carried out by a person who has no place in Western society, or any society for that matter.
The European Great Hunt for Money 22% Tax if you Pay With Cash?
The glory that was Greece is of another day. The EU is dominated by LEFTIST all following Marx and assume that they can just order people to comply under penalty of one thing or another. Greece has implemented laws requiring taxpayers to provide proof of spending 30% of their annual income through electronic payments, imposing fines for those who only use cash. This move aims to reduce tax evasion and increase government revenue in a country with a significant shadow economy.
The Great Hunt for Taxes
Greece has implemented measures to force cashless transactions in an effort to kill the underground economy. The government aims to reduce tax evasion and increase revenue by requiring citizens to use electronic payments that began in 2020. Taxpayers must provide proof of spending 30% of their annual income through electronic receipts. The citizens of Greece must meet that requirement to avoid a penalty of up to 22 % on the shortfall.
The Greek government believes that transitioning to a cashless economy will help combat the underground economy, which has been a significant issue. Estimates suggest that undeclared goods and services accounted for a substantial portion of Greece’s GDP. BITCOIN was created by the NSA – no Japanese fictional character named Satoshi Nakamoto. (Satoshi)=means “wise,” “clever,” or “quick learner.” 中 (Naka) means “Middle,” “inside,” or “central.” 本 (Moto) means “Origin,” “base,” or “book.” The name means Wise Central Book, which is precisely what the government wants – 100% taxation. Greece is now forcing people to abandon cash in preparation for the Digital Euro to eliminate the underground economy making everything 100% taxable even that $100 Christmas gift to a grandchild.
Many Greeks are resistant to these changes, viewing them as another form of tax increase and loss of liberty. There are concerns about privacy and the practicality of enforcing such a system. Consequently, there has been a massive exodus from Greece with nearly 1 million have fled since 2010 generally for economic reasons. Greece remains in a sovereign-debt crisis and the higher they impose taxes the less economic activity. Youth unemployment over 55%.
Historically, the first target an oppressive government seeks to control is always the press. Once they control the press, as they do today with all the FAKE News, that is the beginning of the decline and fall of not just LIBERTY, but of the nation and in the end our civilization. This is the real danger of main stream media. They are promoting World War III and they blocking individuals targeted by the government as they did with COVID. Once in power, government assumes it is the sovereign and represents society. They confound the people with government, leaving no distinction between them. With socialism, they convince themselves that they act in our best interest when it is always to just retain power. The people are the true sovereign of the nation – not those in power.
Yet they accused Snowden of Treason for telling the people that the government was illegally monitoring them. Diane Feinstein revealed to the world her unconstitutional statement clearly claiming it is the government who constitutes the nation not the people. Although Chisholm v. Georgia (1793) was overturned by the 11th Amendment, giving States the right not to be sued claiming sovereign immunity. The Court held they did not so in 1795, the government showed it first walk down the path of tyranny and held that government is above the law. Nonetheless, in that decision we find the most direct Constitutional challenge to tyranny.
Justice James Wilson’s opinion is the most famous. He argued that in the United States, ultimate sovereignty rests with “the People of the United States,” not with the state governments. He stated that the Constitution was ordained and established by “We the People,” and therefore, the people are the sovereign, and the states are not sovereign in the sense of being immune from the people’s will as expressed in the Constitution.
The statement that “the people do not have the right to overthrow the government” is a core principle of authoritarian, absolutist, and totalitarian systems throughout history and in the present day. This idea is not typically associated with democratic or republican systems, which are founded on principles of popular sovereignty (the idea that the authority of the government is created and sustained by the consent of its people).
Justice Scalia admitted that we live under tyranny. He wrote in a letter: “If there was any constitutional issue resolved by the Civil War, it is that there is no right to secede.” Hence, “We the People” are purely economic slaves. We have no right to dissent, no right to secede no matter how authoritarian the government becomes. In the EU, it is even worse. There is no right for the people to vote for the head of the EU. All the people who make decrees NEVER stand for election and that was the intentional design to prevent the people from having any say whatsoever. This is what is coming to a head by 2032. When governments usurp the same powers held by a monarch, the divine right of kings, history warns the end is not far behind.
The UK has also now introduced rules requiring digital asset traders to report personal data for tax compliance starting in 2026 — but this is about reporting, not spending minimum requirements. UK government and HMRC are implementing reporting rules for digital platforms and digital assets to improve transparency and combat tax evasion — focused on reporting income rather than requiring a minimum level of digital spending.
Market Talk – December 15, 2025
US/AMERICAS:
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DJIA declined by 41.49 points (-0.09%) to 48,416.56
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S&P 500 declined by 10.90 points (-0.16%) to 6,816.51
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NASDAQ declined by 137.76 points (-0.59%) to 23,057.413
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Russell 2000 declined by 20.79 points (-0.81%) to 2,530.667
Canada Market Closings:
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TSX Composite declined by 43.95 points (-0.14%) to 31,483.44
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TSX 60 declined by 2.43 points (-0.13%) to 1,848.00
Brazil Market Closing:
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Bovespa advanced by 1,715.37 points (1.07%) to 162,481.74
PRIVATE BLOG – The End of the EU & International Law
PRIVATE BLOG – The End of the EU & International Law
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