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:

1. Event Admission: Enjoy reserved seating assigned based on the order of ticket sales, ensuring you have a prime view of every presentation.
2. Presentation Slides: Gain access to the presentation slides from all speakers, allowing you to delve deeper into the topics discussed.
3. 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.
4. 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.
5. Bonus Conference Materials: Get a package of bonus conference-related materials, including exclusive bonus reports and videos (as provided by Martin Armstrong).
6. Morning Information Sessions: Don’t miss out on important morning information sessions, screened on-site in the meeting room on Saturday and Sunday.
7. 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.
8. Culinary Delights: Savor delicious breakfast and lunch on Saturday and Sunday, prepared to keep you energized throughout the day.
9. Cocktail Reception: Kick off the conference in style at our Friday evening cocktail reception. Meet and mingle with fellow attendees while enjoying refreshing drinks.
10. 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.

Now available at all major retailers!

The eBook will be available shortly.

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.

It is crucial to understand correlations as EVERYTHING fluctuates! There is absolutely nothing that remains constant. You MUST understand that correlations are NOT one for one, and often show changes in advance of turns. It is a lot to keep track of but this is why I try to post a global view to help you see the world around you. It is a necessary way of thinking to survive the future of our own follies.

When I was trading going into the high in interest rates at the Fed in 1981, each time the Fed raised rates the markets reacted less and less. When the final rate hike came, the markets moved UP, not down, showing that the trend was over. Interest rates DO NOT peak and bottom with the markets. There are advances and lags.

It is very frustrating to always try to sort out misconceptions created by analysts and the talking heads on TV. Just do a simple correction by comparing two charts. The DOW bottomed in March 1980. Gold peaked on January 21, 1980. The Fed kept pushing rates higher into May 1981. The Dow rallied with the last year of rising interest rates.

I stated many years ago that real estate would RISE with the first uptick because people would ANTICIPATE rates rising so they better rush to lock it in now. The people with interest rates under 3% lucked out, but some simply understood the trend. They do not throw in the towel on the first uptick. They disregard the nonsense spouted out by the talking heads on TV that create false images of why markets are moving as they do.

I noted to pay attention to rates in Europe. Germany was able to sell short-term debt at NEGATIVE yields. Why? Because Europeans are moving money in preparation for the collapse in the debts of Southern Europe. Some think if the Euro cracks they will end up with Deutsche Marks or Swiss. This is the same driving force sending money to high end real estate and the Dow. It is the MOVEMENT of capital that causes these trends and each confirms the other. It cannot be one thing in isolation.

Corrections DO NOT work one-for-one. Here, we see the call money rates from the NYSE. It would be nice if it were as stupid as the talking heads make it sound. We have tested every possible relationship. We have employed more computing power and capital to figure out what makes the world tick than anyone ever. That is why the NY banks & government want us to shut up. Just look at this chart. The stock market DOES NOT even peak with the same empirical level of interest rates with each crisis. It would be nice to say if rates hit 8% the market will peak. Sorry – that will NEVER happen. It is the spread between expectations of profit and the empirical level of interest rates.

It is not that I manipulate the world economy. We just spent a great deal of money to deconstruct it. Guess what – the world is not flat. There is a whole new way of economics and looking at how the world actually functions. Eureka! Try observing instead of dictating how the world should operate to support some hair-brain theory. Those who want me to shut up because what we discovered does not fit with their theory or belief that the government can control the economy by regulation are no different than those who killed Bruno or imprisoned Galileo for life.

Knowledge advances by observation. Stagnation emerges when people try to suppress advances because they want to remain in control. The Goldbug press refuses to quote me just like the NY establishment press that supports the bankers. They both have self-interests to support and hate anyone who says they are wrong. There is no difference from the Pravada of the old Communist Party that never acknowledged opposition.

We are equal in all ways besides talent. The Massachusetts Institute of Technology (MIT) announced that it will end its diversity, equity and inclusion (DEI) programs because they simply do not work. Faculty at MIT will no longer be required to attend race-based training or be screened for such during the hiring process.

MIT President Dr. Sally Kornbluth explained the obvious – looking at race alone does not attract the top candidates. Instead, it skews scores in favor of race, gender, or sexual orientation and the most qualified candidates are often overlooked due to reverse racism and open discrimination that is permitted toward majority groups.

“My goals are to tap into the full scope of human talent, to bring the very best to MIT, and to make sure they thrive once here,” Kornbluth said. “We can build an inclusive environment in many ways, but compelled statements impinge on freedom of expression, and they don’t work.”

DEI is akin to Affirmative Action on steroids. It permits the open discrimination of White and Asian straight males, plain and simple. This is another reason why we are seeing an outlash across US universities over the Palestine-Israel conflict of which they have no core understanding.

Bill Ackman wrote a piece on X that explains the situation well:

“I came to learn that the root cause of antisemitism at Harvard was an ideology that had been promulgated on campus, an oppressor/oppressed framework, that provided the intellectual bulwark behind the protests, helping to generate anti-Israel and anti-Jewish hate speech and harassment. Then I did more research. The more I learned, the more concerned I became, and the more ignorant I realized I had been about DEI, a powerful movement that has not only pervaded Harvard, but the educational system at large. I came to understand that Diversity, Equity, and Inclusion was not what I had naively thought these words meant.”

The schools, funded by the left, are training school faculty that the majority population is inherently bad and privileged. They pass that message down to the impressionable kids who either walk away with a sense of entitlement or a savior complex as if anyone cares when it actually comes to business. The most qualified and intelligent people will succeed in the real world. This is the entire issue with Critical Race Theory (CRT) as well since they are brainwashing children from the time they are five years old to believe their sex, gender, or skin color somehow puts them on a social caste system in America.

DEI operates on exclusivity and not inclusivity as it champions the notion of entitlement for a select few and is simply unethical. It has become a political weapon that the left will not allow to be questioned. If we want society to advance, we must accept that those who work hard and are born with natural talent and intelligence will excel. Identity politics use tools like DEI initiatives to divide the people when our neighbor is not the enemy.

Let me explain something. Threatening your family is standard operating procedure because the Supreme Court has given prosecutors ABSOLUTE IMMUNITY no matter what they do! That has corrupted our entire legal system. This is why you have all these prosecutors charging Trump, for they are ABOVE the law, as are judges.

Cohen asserted that he was pressured to accept a plead guilty to charges in 2018, including the hush money payment to Stormy Daniels.

“No one indicated you threatened to be guilty, correct?” asked Blanche, Trump’s lawyer.

“As I stated previously, I was provided with 48 hours within which to accept the plea or the Southern District of New York was going to file an 80-page indictment that included my wife, and I elected to protect my family,” replied Cohen.

“You do feel you were induced to plead guilty?” the Trump’s defense lawyer asked.

“I never denied the underlying facts, I just do not believe I should have been criminally charged for either of those two — or six — offenses,” said Cohen.

He stated that prosecutors never directly threatened to indict his wife and explained that he learned of this potential threat from his lawyers.

“I accepted responsibility,” said Cohen.

The Supreme Court destroyed our legal system when it decided Imbler v. Pachtman, 424 U.S. 409 (1976), which held that district attorneys/prosecutors have full ABSOLUTE immunity from civil suits resulting from their government duties of bringing cases that they even KNOW are false and for political or personal objectives. That should be overruled, and it has gutted our legal system, destroying due process of law and equal justice for all.

2021 US Sentencing Commission

It is STANDARD OPERATING PROCEDURE to threaten your family to force you to plead guilty to things you never did. Prosecutors have a 95-100%% conviction rate depending on the district. Your case is supposed to be randomly sent to a judge. Civilly, the clerk picks the judge in a closed room. The SEC had the clerks always assign their actions to Judge Richard Owen. Out of 100s of judges, they managed to always get the same one.

Judge Richard Owen was a real notorious pro-government former prosecutor playing the role of judge. He had handled most of the high-profile SEC cases. Amazingly, every high-profile SEC case seemed to get him.  He took the lawyers away from Steven H. Schiffer in an SEC case and then tormented him, so he committed suicide all alone because, civilly, you are not entitled to lawyers. Then he would joke about it that he was never overruled because Schiffer didn’t know how to handle himself. This is far too often the character of people in the legal system who seem to be attracted because they love to hate people and hurt them and their families – it seems to make them feel powerful.

In the famous Rosenberg espionage case, where they also did not have the necessary evidence, they charged his wife to try to force a guilty plea. They went to trial, for it was clear that Julius Rosenberg did not have the information they thought he had to save his wife. It was April 5th, 1951, when Julius Rosenberg (1918-1953) and his 35-year-old wife Ethel (1915-1953) were sentenced to death using this Espionage Act. Today, everyone concedes that his wife’s crime was simply being married to Julius. The prosecutors charged her, thinking it would force him to give up his contacts, which he never did, most likely because he had none.

A co-defendant of Julius and Ethel  Rosenberg, Morton Sobell (1917-2018), admitted for the first time that he was a Soviet spy on his deathbed at 91 after serving 30 years in prison but also made it clear that Ethel was innocent. Sobell passed military secrets to the Communists in World War II when the nations were still allies, he told the New York Times. Sobell, who served 18 years for espionage, said Julius did pass secrets, but Ethel, executed with her husband in 1953, was guilty of nothing more than being Mrs. Rosenberg.

This is a standard tactic. When the government was threatening my family and taking my lawyers away, I wrote to Dorothy Heyl, who was the SEC prosecutor, and asked if this is how they win cases. I said if the object was to get me to commit suicide as they did in Schiffer’s case, I said I would commit suicide to protect my family, but I promised I would not go so quietly as Schiffer. She told all the other prosecutors to back off. She seemed to be the only one with a conscience in New York City.

I had one guy come to me and say they were threatening his daughter. I did not seem so disturbed by his story. He called me a cold-hearted bastard. I told him to go talk to anyone in here. It’s not personal. They do this TO EVERYONE. He came back and apologized after talking to others. No judge will listen because they are ONLY there to protect the government – not you.

The famous Federal Judge Jed D. Rakoff was so appalled at the depths to which our legal system has collapsed that he wrote a book entitled: “Why the innocent plead guilty and the guilty go free.” Anyone who thinks that our legal system is just or fair you better open your eyes. I believe that these prosecutions of Trump have pushed the reality of just how corrupt our legal system has become in front of the entire world.

Once you hand ANY power to ANYONE in government, they will abuse that power and expand their authority, just as a small businessman tries to expand his business. The problem is we are dealing with the government, and the victim is ALWAYS the people. The American legal system has beaten the abuse of even Adolf Hitler and the Nazi Party.

Our conviction rate today of about 95-100% in federal court has surpassed the most notorious court Hitler maintained in determining if you were Jewish or any part thereof, which had a 90% conviction rate. That is not something we should be proud of. There can be no liberty when the government controls the courts. Socialism ends up being the excuse used to exert power and nothing more.

When 2032 comes around, this time, the government must be STRIPPED of its power to bring criminal charges in any matter where they are not the actual victim. None of this disturbing the king’s peace shit from Magna Carta to make money. There should be NO judge for life. Lawyers should have to be judges as a civil duty for brief periods – not life. There should NEVER be one judge in any criminal proceeding – only three.

John Stuart Mill (1806-1873), in his classic work, On Liberty, should be required reading in high school. Only then will people begin to comprehend that all governments are NEVER there for your benefit – only their own pursuit of power.

Even Charles Dickens (1812-1870) wrote about how corrupt the courts had become in England. His classic line in Bleak House published in 1853 from Chapter I, In Chancery, explained it all.

“Suffer any wrong that can be done you rather than come here!”

Even Edward Gibbon (1737-1794) in his Decline and Fall of the Roman Empire also observed that the legal system of Rome had become corrupt, and what is said then obviously applies to our system today – that a “distinction of every kind soon became criminal” as Bragg has done in New York to Trump with the nonsense of hush money, and “Suspicion was equivalent to proof; trial to condemnation” describes our legal system that has matched the conviction rates of the most notorious tyrant throughout all of history.

Biden Signed an Executive Order Granting the Entire World the Right to Vote in 2024 if their government is Labour/Left, except for China, Russia, North Korea, Iran, Texas, and Florida along with Men can just “identify” as women in sports to end discrimination.

The Staff will write it up later.

Many Ukrainians see Volodymyr Zelensky as a dictator who has betrayed his own country for a handful of silver. From tomorrow, May 20th, Zelensky’s presidential term is formally at an end—but no new elections will be held as long as Ukraine is under martial law because he would be overwhelmingly voted out. He preaches that Ukraine is fighting for freedom and then denies them the right to vote on his policies – so much for freedom and democracy. Zelensky has no incentive for peace at this point in time.

Zelensjy won the election, which some say was rigged, promising PEACE with Russia. Comments from Russia were positive hoping there would be peace. But Zelensky lied to the people just to gain that power and then did the exact opposite.

When peace was at hand, Boris Johnson hopped on a plane to make certain there would be no peace. This has raised major concerns in Ukraine that the people are sent to the slaughter with no right to decide the fate of their own future. This is why on the ECM turning point, May 7th, 2024, two Ukrainian military officers were arrested because they sought to save their country by assassinating him, just as the military command tried to assassinate Hitler. Naturally, Ukrainians immediately claimed they were working for Russia. That was not true.

As long as the war drags on for years, Zelensky has unilaterally declared himself a dictator, probably for life, and there will be no elections. He has the audacity to argue that since Ukraine is fighting for the sake of democracy, like so many other leaders, they do the opposite of what they say. He has no intent to allow elections to take place.

Two days before this term was to end, Zelensky pushed through legislation that would make it easier to identify every conscript in the country. It also provides incentives to soldiers, such as cash bonuses or money toward buying a house or car, that Ukraine cannot afford, but the American taxpayer will cover all the pensions for those in the Ukrainian government. This shows how desperate Ukraine has become with the growing strain that more than two years of war has had on Ukraine’s forces. Zelenskyy also signed two other laws Friday, allowing prisoners to join the army and increasing fines for draft dodgers fivefold. Small businesses are likely to collapse as most of their workers will now be conscripted into the military. This will further undermine the Ukrainian economy.

Zelenskyy and Fink had “agreed to focus in the near term on coordinating the efforts of all potential investors and participants in the reconstruction of our country, channeling investment into the most relevant and impactful sectors of the Ukrainian economy,” CNBC reported in December 2022. I have to warn DO NOT INVEST IN UKRAINE. The country will no longer exist, and Zelensky suspended all debt payments with the war along with elections – in any book on finance, that is a SOVEREIGN DEFAULT.

There was also great hope as the British bought Confederate Debt. That did not end well for them when they lost the war. Anyone in their right mind knows there was NEVER any expectation that Ukraine would ever defeat Russia. This is like Cuba starting a war and people really thinking they could defeat the United States. This is beyond hope—it is just propaganda people wanted to believe.

Now, Blackrock, with the Aladian, obviously might be able to do high-frequency trading, but when it comes to the global economy, it was not that smart. Now Blackrock is asking for its money back because they now realize that Ukraine will lose, and all their efforts thinking this would be over quickly and Russia would be defeated was absurd. Blackrock and JP Morgan will take big losses on Ukraine for their absolute stupidity in making investment decisions based on propaganda and newspaper headlines.

When we look at Ukraine, we see that the Array has flatlined into 2027. Ukraine will NOT survive as a country that we have known. Zelensky has been a traitor and taken orders from the Neocons and destroyed his own country.

As I have been warning, these STUPID Neocons threatening the world have ZERO respect for the American people or our economy. Threatening China when they are the largest holder of US debt is braindead. As I have said, China would be stupid if they did not start to dump every penny of US debt because when these Neocons start a war, they will default on all debt held by foreign enemies, which they define as anyone who opposes their commands.

CHINA sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to exit the US debt market thanks to war. Beijing dumped a total of US$53.3 billion of Treasuries and agency bonds combined in the first quarter, based on Bloomberg calculations of the latest data from the US Department of the Treasury. Belgium, often seen as a custodian of China’s holdings, disposed of US$22 billion of Treasuries during the period.

An people expect interest rates to decline?

We have reached a critical crossroads in the world economy. May 7th, 2024, was a profound turning point that changed the course of events as they are starting to unfold. We will be covering Europe, economically and geopolitically, and the rush for a war that will justify not just digital IDs, but capital controls; they will restrict capital outflows, not just wage and price controls or rationing as they did in previous wars.

Like the 2015.75 peak when Russia went into Syra and the German Chancellor Merkel stood up and opened the gates to “Syrian” Refugees, which turned into the invasion from the Middle East and Africa looking for the freed everything but did not assimilate into the culture, but brought their own and has changed Europe Dramatically. While politicians have been allowing the flood of migrants in both Europe and America to firm up their political control, they may believe this will keep the unproductive socialistic agenda and their power, but they have undermined our culture and destroyed our very foundation of who we are.

A new report will be issued covering the Migrant Crisis, tracking the same decision that took place in the Roman Empire during the 3rd century when Emperor Valens also opened the border. What was unleashed was not just civil unrest but civil war.

Now, look closely at this chart, which shows the shift from PUBLIC to PRIVATE (corporate AAA vs US 10 Yr Treasury). In 1984, the NY bankers lent billions to Argentina, which was going into default. They owed $43 billion at the time when a billion was today’s trillion. Because the US Treasury stepped in to bail out the banks, the CONFIDENCE in US Debt suddenly dropped sharply. The flight to qualify was inverted and ran into AAA corporate debt—neutral from bankers and the government. This is what I am talking about in the shift from PUBLIC to PRIVATE. Note that the premium has been declining since 2009.

Because we are facing a Sovereign Debt Crisis, will this alter the view of Commercial Real Estate? Everyone is looking at that sector blowing up banks. They are also not paying attention to government debt, assuming it will always be the flight to quality. History proves that assumption is wrong and could cost you everything.

We will be discussing these issues and more at the London Conference next weekend. I scheduled this specifically to address the ECM turning point of May 7th and the trend from here into 2026 and thereafter into 2028.

And Hillary says Biden has a mental/age

problem

and should not be President – so turn to Hillary?

Biden was born November 20, 1942 so he is ONLY 5 years older than Hillery

Well, she did not have an uncle eaten by cannibals – Perhaps!