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.

@highceo

Lmk if I missed anything!? #california #losangeles #sanfrancisco #socal

♬ Money for Nothing – Dire Straits

The War Powers Act of 1973, also known as the War Powers Resolution, was passed by Congress to reassert its constitutional authority over matters of war. Lawmakers were driven to action by a growing frustration with presidential power that had come to a head during the Vietnam War and the secret bombings of Cambodia.

The Vietnam War was an undeclared war and became a deeply divisive conflict, costing over 58,000 American lives and more than $200 billion. Crucially, it was an undeclared war and the last actual war declared constitutionally by Congress was World War II – not even the Korean War. Congress passed the Gulf of Tonkin Resolution in 1964 to authorize force, but it NEVER issued a formal declaration of war, leading many to believe the executive branch had overstepped its bounds.

The conflict became a powerful symbol of an “imperial presidency,” where the executive branch was seen as amassing too much power and bypassing Congress on decisions of war and peace. What has really taken place and why I and opposed to granting Trump any power to engage in war with Iran is that not only does the Constitution delegate the power to engage in war to Congress exclusively, the Neocons have been manipulating US foreign policy by infiltrated the presidency no matter who is there to engage in their endless wars using this “immediate threat” nonsense to justify circumventing the Constitution are thereby the people of the United States for their personal agendas. They have infiltrated every President’s Administration and this to me is treason. This is now in plain view when Netanyahu was there in the Situation Room making his presentation to get the United States to fight his personal war against Iran.

The final catalyst for the War Powers Act was a direct challenge to congressional authority by President Richard Nixon. In March 1969, President Nixon began secretly bombing Cambodia, a neutral country, in an operation code-named “Menu.”  The bombings were kept entirely secret from Congress and the American public for over a year. When the invasion of Cambodia by ground troops was announced in 1970, it was seen as a president who had “abused his powers by side-stepping Congress.”

The Act explicitly forbids the President from keeping troops in combat for more than 60 days without Congress’s explicit approval, a direct attempt to prevent future lengthy, undeclared conflicts like Vietnam.

Neocons don’t have a special backdoor in the War Powers Resolution. Instead, they are the most prominent advocates for a broad interpretation of a loophole that any president can use: claiming an “imminent threat” to justify military action without prior congressional approval.

Here is how the legal mechanism works and why neoconservatives champion it.

The Legal Mechanism that the Neocon exploit is the “Imminent Threat” Loophole. The War Powers Resolution of 1973 was designed to check presidential power, but it includes a critical exception for emergencies and therein lies the problem. The act’s core purpose is to ensure the “collective judgment” of both the executive and legislative branches before sending troops into harm’s way. However, it explicitly carves out an exception for situations where the U.S. is responding to:

“attacks or the imminent threat of attacks upon the United States.”

The Neocons just lie as they always do. Saddam had weapons on mass destruction which was a imminent threat. With Iran, the claim was they were building a nuke and had missile capacity to possibly attack the United States. This was imminent Neocon fiction to circumvent Congress.

This language creates the loophole that the Neocons exploit to circumvent Congress. A president can argue that a situation is so urgent that there is no time to consult Congress before acting. Once military action is taken, the 60-day clock for congressional authorization starts ticking. However, Congress is then hostage to the very action as we are witnessing right now.

The Neocon rationale for endless wars boils down to how they view this loophole not as an exception, but as a fundamental expression of presidential power.

The “Unitary Executive” Theory: Neoconservatives are strong proponents of the “unitary executive” theory, which argues the President has virtually unlimited power as Commander-in-Chief to initiate military action without congressional interference. They see any limitation, like the War Powers Resolution, as an unconstitutional infringement on the executive’s authority to defend the nation.

We need to close this loophole where the Executive must present the imminent threat to the Congress Armed Services Committee, and it must be a UNANIMOUS VOTE backed by hard evidence. Colin Powell was lied to by the Neocons and Netanyahu that there were weapons of mass destruction in Iraq. He placed the blame on the system, stating that the speech “was a great intelligence failure,” as the CIA and other agencies provided him with information that turned out to be completely false. If anyone does this again and knowingly provides false information, that should be life without parole.

The Neocons have been abusing this power for their own agenda. That is why we had Dick Cheney, may he rot in hell, endorse Kamala just so he could create his dream of conquering 7 countries in the Middle East. It is time that this loophole is closed permanently. We clearly do not live in the faintest imitation of a DEMOCRACY – this is an oligarchy when these Neocons can create war for personal gain, circumventing Congress and sending people to go die as they line their pockets.

Treason in the U.S. Constitution is defined as levying war against the United States or adhering to its enemies by giving them aid and comfort. A person cannot be convicted of treason unless there are two witnesses to the same overt act or a confession in open court.

Granted, an individual lying to manipulate U.S. foreign policy and start a war for personal reasons would likely not meet the constitutional definition of treason. However, it would constitute several other serious federal crimes, particularly those involving false statements to Congress, perjury, or fraud. The U.S. Constitution narrowly defines treason, and while the hypothetical act is egregious, it probably wouldn’t satisfy that high bar.

The New York Times’s reporting about what led President Trump to join Netanyahu in attacking Iran. The story opens with Netanyahu’s visit to the White House on Feb. 11. The prime minister “was whisked inside with little ceremony, out of view of reporters, primed for one of the most high-stakes moments in his long career.” We should know who in the White House arranged this presentation, and we should see now what Netanyahu prepared to sell this war, usurping American foreign policy.

The Times described Netanyahu entering a “highly classified presentation” with Trump and other White House officials, and that the Situation Room was “rarely used for in-person meetings with foreign leaders.” The two leaders sat across from each other, instead of Trump sitting at the head of the table. Why did nobody in that room advise Trump of the risks to the Strait of Hormuz and the global economy?

Thanks to Netanyahu’s assassination tactics, Iran developed a completely new layered structure, knowing he stupidly thinks killing the leader will bring down the government. In the aftermath of the June 2025 12-day war, the Iranians developed a plan to hit their neighbors and threaten global energy supplies. That was so obvious; it is beyond belief that no one was there advising Trump on what took place. Over the past five weeks, the Emiratis have been hit more times than Israel, with the Iranians training their fire on energy infrastructure and the UAE tech sector. Dubai was the new financial capital of the region, thanks to Switzerland’s stupidity in confiscating Russian individuals’ assets, proving they are no longer to be trusted, so capital fled to Dubai and Singapore.

The Islamic Revolutionary Guard Corps battered Bahrain’s energy and data centers, Kuwait’s oil facilities were targeted, and Qatar’s important Ras Laffan installation has been heavily damaged. Saudi Arabia’s pipelines and refineries have also been regular Iranian targets. The Iranians have fired thousands of missiles and drones at the Gulf States, knowing that they cannot go toe-to-toe with the USA, but they can bring down the world economy upon Trump and Netanyahu.

The Republicans blocked the Democrats’ motion on the War Powers Act, playing party politics.  We have to step back and look at how the Neocons are manipulating American Foreign Policy, circumventing the Constitution for their unelected agendas. I rarely agree with the Democrats, who have gone insane with their Woke Agenda. However, we seriously need to revise the War Powers Act and limit any pretend immediate threat to an actual attack, and not lies from Neocons of Weapons of Mass Destruction that never existed, and nobody ever pays the price for such lies.

PRIVATE BLOG – Victor Orban Loss = War with Russia

Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.

https://ask-socrates.com/

QUESTION: Is it true that the Shia of Iran consider women to be animals? Should we not destroy that government?

GP

ANSWER: No, the idea that Shia Islam considers women to be animals is a false and offensive claim that runs directly counter to the core teachings of the faith. This is a deliberate distortion that is not supported by the Quran, the traditions of the Prophet Muhammad (PBUH), or the core tenets of Shia theology.

Beyond abstract theology, women hold a position of profound veneration in Shia belief. A major Shia scholar highlights this by noting that “the entire Shiite doctrine is built upon a woman: Lady Fatima, peace be upon her”. Lady Fatima, the daughter of the Prophet Muhammad, is revered as the epitome of purity, virtue, and strength.

This is economics. According to the University of Michigan, consumer sentiment fell in recent weeks to a record low. Add to that, the consumer is facing a 40% or more hike for gasoline since the war began, as part of the biggest overall inflation jump in four years. In Ireland, they had to call out the army.

This war has the potential to tear the world economy apart at the seams, with rising civil unrest and fueling globalized war. If Trump resumes bombing Iran and their civilian infrastructure, he will succeed in isolating the United States just like Israel. Even Japan has criticized Trump, and they NEVER do that publicly. The days of the American Empire are over. America has lost the world’s respect, and you can see that in the criticism of Japan and even Italy. People will deal with the US because of the economy, but they no longer count on the United States as they once did. Netanyahu has usurped American Foreign Policy.

None of the domestic issues in Iran is at issue here. The Kurds are launching a domestic civil war, and that is how it should stay. There are 90 million people in Iran, and it is their country, and they should decide what form of government they want. That is NOT for any other nation to decide. Imperialism is dead.

The social politics of any nation are NOT subject to international intervention any more than slavery was in the United States or apartheid in South Africa. Sanctions or restraints on international relations are one thing, but interfering in a nation’s affairs for such a reason is unacceptable. The United States has more people in prison than all of Europe, Russia, or China because we use CONSPIRACY for a crime, which is an ancient tyranny that has been rejected by most civilizations because they do not need to prove you committed a crime, just that you conspired to commit a crime.

I suggest reading Judge Rakoff’s book on why the vast majority of people in federal prison are innocent, and why the guilty go free as long as they bring in people for the prosecution. They put in priests who thought they were helping someone send money to a sick relatives through in prison for conspiracy to launder money. Prosecutors have no ethics. I saw the murderers of a guy in NYC get a deal, and the prosecution wanted the death penalty on a 23-year-old kid because when he was asked where Joe is, he said over there. That was the extent of his conspiracy to commit murder. Should the rest of the world invade the United States because we violate human rights in our legal system more than even China? We have the most corrupt legal system of the G20 nations.

Netanyahu has made this same pitch to every president for the past 47 years. He is consumed by hatred, no different than Hezbollah and Hamas, who he has succeeded in inspiring their hatred of all Israelis. Netanyahu is an absolute fool. He cannot simply annihilate the entire Arab and Persian population. His idea of peace is wiping out all your enemies. He fails to grasp that his endless war only created the next generation of hatred, making peace virtually impossible. This is a religious war, and it is not going to be solved with simple negotiation tactics. He cannot protect Israel by creating more enemies. The fear is that he is using the Bible to justify genocide.

What Netanyahu has accomplished is increasing antisemitism and isolating Israel among nations. He has cleverly turned Trump into a hostage who cannot escape. The calls, even by former VP Pence, to finish the job are all fools. They live in a bubble, assuming that the US is the mightiest power on earth and therefore nobody can stand against them. Stop smoking your own bullshit and open your eyes. This has cost the US respect; even NATO is now shifting away from Trump. Rutte says NATO is moving on from ‘unhealthy‘ dependence on US. Trump has lost India, and all this war has accomplished is to make Russia and China stronger; combined, they can defeat the US and Europe. China has been the big benefactor selling EV cars like hotcakes.

Both France and the UK have been flooded with Islamic factions that are anti-Israel. To put this in perspective, France’s Muslim community is the largest in Western Europe and as of 2020, they accounted for 10% of the population. However, the majority of Muslims in France are of Sunni denomination, not Shia as in Iran. It only takes a few to create a bad image of the whole as Netanyahu has done to all Jews worldwide.

France has come out against Trump, warning that attacking civilian infrastructure is a violation of international law and the rules of war. Attacking Iranian oil production will send prices higher, and now we have another lunatic, Zelensky, who has attacked Russia’s oil production, reducing it by 40% to prevent his hated rival from profiting from higher oil prices after Trump lifted sanctions on Russian oil.

British Prime Minister Keir Starmer said he is “fed up” seeing energy bills in the U.K. swing up and down because of actions taken by U.S. President Donald Trump and Russian President Vladimir Putin. This Iran War is an economic disaster fulfilling our computer model warning that the EU can find itself in a depression-like state between 2026 and 2028.

I have stated that we have two separate models one for international war and the other for civil unrest. I also warned that both models were pointing to 2026. This attack on Iran disrupts the world energy markets, which impacts also fertilizer, and without diesel fuel, the shipping fleets in Asia are also grounded. This is a real mess and obviously there was nobody qualified to even inform President Trump of these risks.

Trump has called key European allies “cowards” for not coming to his aid — specifically to reopen the Strait of Hormuz. He has dismissed NATO as a “paper tiger” and threatened to pull the U.S. out of the collective security pact. The problem is that everyone behind the curtain knew that Netanyahu had been selling this war against Iran for decades, and everyone had rejected it, especially after they believed him about Iraq, and Saddam was also creating a nuclear weapon that proved to be false. He pleaded for war before the United Nations in 2012 to no avail. Iran is the size of Europe with 90 million people. What made Trump suddenly say “Sounds good to me” without consulting Europe and with no consideration of the impact on oil and the Strait of Hormuz has divided the world at this point.

This personal vendetta of Netanyahu has brought the entire world to the brink of chaos. There should be a padded cell for Netanyahu and Zelensky for life imprisonment, for they are consumed with hatred to an unimaginable level; they probably are in desperate need of an exorcist.

Besides oil, there is an even greater risk of bringing down the world economy. The Strait of Hormuz is a critical hub for submarine internet cables, carrying significant global data traffic, including government communications, financial transactions, and commercial internet services between Europe, the Middle East, and Asia. Recent conflicts in the region have raised concerns about the vulnerability of these cables to damage, which could disrupt connectivity and data flow. Iran attacked the AI Data Center in UAE a $30 billion project.  They did some minor damage but our staff there could not access any banking functions for 7 days.

Last year during the June 2025 12-Day-War, revealed a structural vulnerability at the heart of modern precision warfare. Then Israeli electronic warfare operations disrupted Iran’s Global Positioning System signals guiding Iranian munitions, forcing Tehran into an abrupt but transformative strategic pivot toward China’s BeiDou-3 satellite navigation architecture. This time, Iran has allegedly disrupted Israeli air operations by targeting GPS-dependent systems leaving their F35s blind. As they say, what goes around, comes around. Using that tactic in 2025 gave Iran the idea to reverse engineer the same tactic.

This is all part of the road to 2032. The computer has projected this and how it plays out. I fully agree with Einstein. The computer has always been right because humanity has an endless propensity for stupidity. Iran can destroy all of the refineries in the Middle East, and oil can go to $200 if it exceeds the $130 area, and that was never taken into consideration.

I do not need leaks from the Deep State. The computer projects the pressure point, and that is what they respond to. Those in power do not come up with some idea out of a void. There is always pressure that forces them to respond. Since Netanyahu is up for election in 2026, he cannot go beyond October 27th. He needed a major victory to regain power. This computer was projecting this pressure, and he got Trump to attack in 2025 knowing his time in power was running out. Once that door was open, he was on his way to destroy Israel in his effort to save it. In this special report, I will put in the store today, the full truth of Netanyahu and how he has been manipulating the world for his personal vendetta.

When we look at the computer array for the June 21st, 2025, attack on Iran’s nuclear facilities, the array shows just a blip. Not a continuation of the trend. The computer targeted the week of the attack, and then the weeks in August 2025. On August 4th, 2025, Iran’s leadership formally established the Iranian Defense Council within the Supreme National Security Council, intended to coordinate defense and national security policy in the aftermath of regional tensions and the June conflict with Israel.

We can see that the computer targeted rising volatility from the week of June 16th through June 30th, and later targeted the week of August 4th with a Panic Cycle.  The computer identified the Oct 7th Attack by Hamas. Those behind these events buy in advance (the rumor) and then sell the news to avoid being caught.

This and a lot more is laid out in this very Special Report – The Fate of Israel.

We provide an overview of the Gulf States and what the computer timing is for the region.

But also, how this war is far more disruptive to the global economy than Ukraine or Taiwan

Special Report available in the Shop

Ireland is now confronting a full-scale energy protest movement that has gone far beyond symbolic demonstrations. What began as opposition to rising fuel costs has escalated into coordinated nationwide disruption, with farmers, haulers, and transport operators blocking major motorways, fuel depots, and even the country’s only oil refinery. The scale is unprecedented, with convoys and blockades reported in Dublin, Cork, Galway, Limerick, and beyond, effectively bringing parts of the country to a standstill.

The immediate driver is energy prices, which have surged sharply due to geopolitical tensions, particularly conflict in the Middle East. Diesel, petrol, and heating fuel costs have risen to levels that many small businesses and agricultural operators say are no longer sustainable. Protesters are demanding direct intervention, including fuel price caps, removal of carbon taxes, and emergency subsidies to offset rising costs.

What makes this situation critical is not just the protest itself, but how it is being carried out. Demonstrators have targeted the arteries of the energy system. Fuel depots in Galway and Limerick have been blocked, while the Whitegate refinery in Cork, which supplies a significant portion of Ireland’s fuel, has been shut down by protesters. As a result, up to half of the country’s fuel supply has been effectively immobilized, not because of global shortages, but because distribution has been cut off internally.

This has triggered immediate consequences. Panic buying has emerged across regions, with long queues forming at petrol stations and some locations running out of fuel entirely. Essential services, including emergency response units, public transportation, and hospital access, have been disrupted. The government has warned that supply chains for food, water, and basic goods are now at risk if the protests continue.

GOVERNMENT OF IRELAND THE GIG IS UP. pic.twitter.com/O5YXdoAUmg

— Conor McGregor (@TheNotoriousMMA) April 9, 2026

The response from the state has been to move into enforcement. Authorities have warned protesters to remove blockades or face legal consequences, while the Defense Forces have been deployed to help clear heavy vehicles from critical infrastructure. Officials have gone so far as to describe the protests as “national sabotage,” reflecting how seriously the government views the threat to the country’s functioning.

At the same time, the government has refused to negotiate directly with many of the protest groups, insisting it will only engage with officially recognized organizations. This has further inflamed tensions, as protesters argue that existing channels do not represent their interests and have failed to address the crisis.

Ireland’s energy strategy has left it heavily exposed to external shocks, relying on imported fuel while simultaneously pushing domestic climate policies that increase costs through taxation. When global energy prices rise, there is very little buffer. The burden is passed directly onto consumers and businesses, and that is now feeding back into the political system in the form of unrest.

There is also a deeper structural issue emerging. The protests are not confined to one sector. They involve agriculture, transport, and small business, all of which are highly sensitive to fuel costs. Once multiple sectors align in opposition, the movement gains momentum quickly because the economic impact becomes widespread rather than isolated.

When fuel distribution is blocked domestically, and the government is forced to deploy the military to restore order, it signals that the system is under real stress. The issue is no longer just energy prices.

Ireland is now a clear example of what happens when energy policy, geopolitical instability, and economic pressure collide. The protests may subside in the short term, but the underlying problem remains unresolved. As long as energy costs remain elevated and policy continues to rely on external supply without sufficient domestic resilience, the risk of renewed unrest will remain high.

The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, rose 0.4% in February alone and is now running at 2.8% annually, while core inflation, which strips out food and energy, is still sitting at 3.0%. That is not progress. That is stagnation well above the Fed’s 2% target, and it is taking place before the energy crisis fully feeds through the system.

The key point here is that inflation is no longer being driven by a single factor, it is embedded across multiple categories, and that is what makes it dangerous. When you break down where prices are rising, you begin to see the real story. Housing, which remains the largest component of inflation, is still increasing at roughly 3% annually, showing that rent and ownership costs are not coming down in any meaningful way. Medical care costs are up around 3.4%, indicating that healthcare costs continue to rise regardless of economic conditions. Household furnishings and operations are increasing by nearly 3.9%, reflecting ongoing cost pressures on goods tied to supply chains. Personal care is running even hotter at roughly 4.5%, which shows inflation is filtering into everyday essentials.

Even the so-called “cooling” areas are misleading. Recreation is still rising above 2%, and services inflation remains persistent because wages and labor costs have not declined. When you look at transportation, airline fares rose 1.4% in February alone, and that is before jet fuel prices fully reflect the disruption in the Middle East. Healthcare services increased 0.5% in a single month, and hotel prices jumped 1.1%, showing that service inflation is not easing in any meaningful way.

Food is another category where the public is feeling the pressure directly. Meat prices are up significantly, with beef and veal rising over 14% year-over-year, while fruits and vegetables are also climbing. Gasoline already rose 0.8% in February and has surged sharply since the war began, which means the next inflation print will look dramatically different. This is the key point that the mainstream refuses to address: the February data does not yet reflect the energy shock that is now unfolding.

Personal income actually declined by 0.1% in February, while spending increased by 0.5%, which means consumers are now relying on savings or debt to maintain their lifestyle. That is not sustainable. It is the classic late-stage cycle behavior where inflation erodes purchasing power while consumption is artificially maintained.

Energy sits at the base of the entire economy, and with the disruption in global oil flows, every category you are already seeing rise will be pushed higher. Transportation costs feed into food. Energy feeds into manufacturing. Shipping feeds into goods. Once energy rises, everything rises.

The Federal Reserve is trapped in this environment because inflation is not collapsing fast enough to justify rate cuts, yet the economy is showing signs of weakness. Growth has already been revised lower, and the economy is running on an increasingly fragile footing. This is the classic setup for stagflation, where inflation remains elevated while economic growth slows.

The real issue is that people are looking at the 3.0% core inflation number and assuming the situation is stabilizing, when in reality, that number is backward-looking. It reflects conditions before the geopolitical shock, before energy prices surged, and before supply chains were disrupted again. The next phase of inflation has already been set in motion, it just has not fully arrived in the data yet.

This is exactly how these cycles unfold. First, inflation appears to stabilize. Then a new external shock emerges, in this case energy. That shock feeds into the system with a lag. By the time it becomes visible in the data, it is already too late to respond effectively.

The bottom line is that inflation is not going away. It is shifting, spreading across categories, and preparing to accelerate again as energy flows through the system. The February report was not a sign of relief. It was the calm before the next wave.

Greece JOINS Ireland Protests…

Farmers RISE against the Brussels Globalist Tyrants bullying their people into poverty and suicide.

The peasants have had ENOUGH of the Parasitic EU Empire.

Europe is on FIRE
They HATE the EU
They HATE Ursula Von Der LIAR pic.twitter.com/sPdjbUgkJ9

— Liz Churchill (@liz_churchill10) April 7, 2026

Greece has already moved beyond sporadic protests into sustained economic resistance driven by energy costs. Farmers across the country have mobilized on a national scale, deploying thousands of tractors to block highways, border crossings, and major ports. These actions have disrupted trade flows and forced the government into direct negotiations.

The demands are centered on energy. Farmers are calling for tax-free diesel, electricity price caps, and direct subsidies to offset rising costs. Agricultural production in Greece is highly sensitive to fuel prices, particularly for irrigation, transport, and machinery. When diesel prices rise, the cost of production increases immediately, and many farmers operate on margins that cannot absorb those increases.

Electricity costs have also been a major factor. Greece has experienced significant volatility in power prices due to its reliance on imported energy and the structure of the European electricity market, where marginal pricing ties electricity costs to the most expensive source of generation. This has led to periods of sharply elevated prices that directly impact both households and businesses.

The scale of the protests reflects the severity of the pressure. Thousands of participants have taken part in coordinated blockades, and demonstrations have persisted for weeks rather than days. This is not a short-term reaction. It is an ongoing standoff between the agricultural sector and the government.

Public support for the protests has been relatively strong, as rising energy costs affect not only farmers but the broader population through higher food prices and living expenses. This alignment between sector-specific grievances and general public concern is what allows protests to sustain momentum over time.

Greece demonstrates how energy-driven unrest evolves into a broader economic conflict. Once essential sectors such as agriculture are affected, the impact spreads across the entire economy, and the pressure on government intensifies.