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.

Sold Out — Due to Overwhelming Demand, A Second Advanced Trading Webinar Has Been Added for June 26–27

The response to our May Advanced Trading Webinar exceeded expectations. Every available spot was filled as traders and investors from around the world secured access to one of the most in-depth educational events we have hosted on the practical application of Reversals and Arrays.

Due to overwhelming demand, we are now opening a second session for those who were unable to secure a seat in May.

Updated Advanced Techniques and Considerations for using Reversals and Arrays
June 26–27, 2026

Register Here:
https://armstronginternational.ticketspice.com/q2-26-advanced-use-of-reversals-and-arrays-for-trading

This is not a beginner course. This advanced workshop is designed for traders already familiar with the fundamentals who want to deepen their understanding of how time and price interact inside the Socrates system. Reversals and Arrays remain among the most misunderstood components of market analysis, yet they are critical for identifying shifts in trend, panic moves, and high-probability turning points.

Over the course of this two-day educational event, attendees will learn advanced applications and considerations for interpreting:

• Bullish and bearish reversals
• Weekly, monthly, and yearly timing arrays
• Time/price alignment
• Market structure and directional changes
• Practical trading applications using real-world examples

These models were developed through decades of global market research and are directly connected to the same analytical framework used to track international capital flows, sovereign debt shifts, and cyclical market behavior.

This is an educational experience designed for those who want to move beyond conventional technical analysis and gain a deeper understanding of how professional-level cyclical models function in real time.

The May session sold out quickly, and we expect availability for the June 26–27 event to be limited as well.

If you missed the first opportunity, this is your chance to participate in one of the most advanced trading workshops we offer.

Secure your place now before capacity is reached.

https://armstronginternational.ticketspice.com/q2-26-advanced-use-of-reversals-and-arrays-for-trading

While much of the Western world is watching living standards decline under inflation, debt, taxation, and economic stagnation, India is moving through a completely different phase of the global cycle. Millions of Indians are experiencing rising opportunity, expanding infrastructure, growing wages, and an emerging middle class in real time as capital increasingly flows toward the country.

India’s economy is growing at roughly 6.5–7% annually, making it the fastest-growing major economy in the world. Reuters recently reported that India’s GDP expanded 7.4% year-over-year in one recent quarter alone, driven heavily by manufacturing and construction growth. The country is expected to become the world’s fourth-largest economy shortly and could surpass Germany and Japan over the next several years.

The most important part is that this growth is increasingly visible at household level rather than existing purely inside stock markets or government statistics. India’s middle class is expanding on a scale few countries in modern history have experienced. Long-term projections estimate the middle class could exceed 500 million people by the end of the decade, while domestic consumption spending could rise from roughly $1.5 trillion to nearly $6 trillion over time.

This is exactly how capital flow cycles work. Money moves toward younger populations, lower costs, rising productivity, and expanding opportunity.

India benefits from several structural advantages simultaneously. The country’s median age remains around 28 years old while Europe, Japan, South Korea, and even China face severe demographic decline and aging populations. India continues producing enormous numbers of engineers, technology workers, and skilled laborers annually while maintaining labor costs far below many industrial competitors.

Global corporations are responding aggressively. Reuters reported today that India’s offshore technology sector alone generated approximately $98.4 billion in revenue during fiscal 2026, nearly reaching targets that were originally projected for 2030. The country now hosts more than 2,100 Global Capability Centres employing roughly 2.36 million people as multinational firms increasingly relocate strategic operations, software development, finance, and research functions into India.

Companies like JPMorgan, Nvidia, FedEx, Eli Lilly, Lufthansa, Apple, Samsung, and countless others are expanding operations because India is increasingly viewed as a long-term strategic manufacturing and technology hub rather than simply a source of cheap labor. Apple alone continues shifting major portions of iPhone production into India as supply chains diversify away from China.

The automobile sector shows the same pattern. Mahindra recently projected SUV sales growth in the mid-to-high teens percentage range as rising incomes and tax cuts continue driving consumer demand. Domestic SUV volumes rose more than 23% year-over-year while the company expanded production capacity aggressively through 2028.

Infrastructure development is transforming daily life as well. India has spent years aggressively expanding highways, airports, rail systems, ports, manufacturing corridors, energy infrastructure, and digital payment systems. In many cities, modernization is visibly occurring in real time around ordinary people. That creates optimism, which becomes economically important itself.

Unlike populations across Britain, Germany, Canada, or Japan who increasingly feel financially trapped, large portions of India’s younger population still believe their future may improve materially over time. That psychological dynamic matters enormously because confidence drives entrepreneurship, family formation, investment, and long-term economic activity.

Inflation also remains far more manageable than much of the West. India’s inflation rate remains around 3.4–4.5%, far below the levels experienced across many Western economies during recent years. While energy prices and Middle East instability still create risks, India avoided much of the self-inflicted energy destruction that devastated European competitiveness.

None of this means India lacks problems. Poverty still exists on massive scale. Wealth inequality remains significant. Housing affordability pressures are beginning to rise in major cities. Reuters recently warned that luxury housing prices may continue to climb 5–7% annually through 2028, while affordability becomes more difficult for portions of the middle class.

The ECM has consistently shown that capital does not disappear during periods of global instability. It relocates. As sovereign debt crises weaken older developed economies, capital increasingly searches for younger growth regions where productivity, demographics, and opportunity still expand simultaneously. India is becoming one of the primary destinations for those global capital flows.

The contrast with much of the developed world is becoming increasingly striking. In Europe, Britain, Canada, and parts of East Asia, younger generations increasingly feel locked out of homeownership, burdened by taxes, debt, inflation, and stagnant living standards. In India, millions are still entering the consumer economy for the first time. Rising incomes are translating directly into vehicle purchases, technology adoption, travel, education spending, business formation, and expanding middle-class consumption.

India is what real economic expansion actually looks like.

For years, Canadians were told their economy was “strong,” their banking system was “safe,” and their housing market was “resilient.” Now reality is finally colliding with the propaganda as ordinary Canadians increasingly admit they feel trapped financially despite endless government claims that conditions are improving.

The numbers are becoming impossible to ignore. Recent polling shows that 71% of Canadians expect the cost of living to worsen in 2026, while 59% believe the broader economy itself will deteriorate further over the next year. Even more alarming, nearly 87% say they now feel financially trapped because wages are no longer keeping pace with housing costs, taxes, debt burdens, and everyday expenses.

Canada built one of the largest housing bubbles in the developed world during the era of artificially suppressed interest rates. Cheap money flooded into real estate for years while politicians treated rising home prices as proof of prosperity. In reality, housing inflation became a substitute for genuine economic growth. Families increasingly relied on debt and rising property values rather than productivity growth or expanding real wages.

Now the entire structure is under pressure. Mortgage renewals are becoming a major problem because many Canadians who were locked into low-rate loans during the easy-money years now face dramatically higher payments upon renewal. Household debt levels in Canada remain among the highest in the G7 relative to disposable income. At the same time, food costs, insurance premiums, utility bills, fuel expenses, and property taxes continue rising aggressively.

The middle class is being squeezed from every direction simultaneously.

Reuters recently reported that Canada’s weakening housing market is now damaging consumer psychology directly because the so-called “wealth effect” from rising home prices has begun reversing. Canadians who once believed housing appreciation would permanently carry the economy higher are now confronting stagnant property values alongside rising debt costs and deteriorating affordability.

The younger generation faces an even worse situation. Homeownership has become increasingly unattainable across large portions of the country, particularly in Toronto and Vancouver where housing costs detached completely from local incomes years ago. Many younger Canadians now spend extraordinary percentages of their earnings simply on rent while watching taxes and living expenses consume what little disposable income remains.

The political establishment continues insisting immigration-driven population growth will somehow solve Canada’s structural weaknesses, but adding millions of people into an economy already struggling with housing shortages, strained healthcare systems, stagnant productivity growth, and declining affordability only intensifies pressure on infrastructure and living costs further.

Meanwhile, Mark Carney and the Canadian political class are now trying to align Canada more closely with Europe economically and politically just as Europe itself enters a depressionary phase into 2028 according to our ECM models. Europe is drowning in sovereign debt, industrial decline, energy instability, and collapsing middle-class purchasing power. Canada appears determined to follow many of the same policies involving climate regulation, centralized governance, expanding bureaucracy, and rising financial control mechanisms.

The Bank of Canada now faces the same trap confronting central banks globally. If rates remain elevated, households continue cracking under debt burdens and mortgage renewals. If rates fall aggressively, inflation risks accelerating again while the currency weakens further. Years of artificial monetary policy distorted housing values, encouraged leverage, and created an economy overly dependent on debt-fueled consumption.

The result is what Canadians are experiencing now in real-time, declining purchasing power disguised beneath official economic statistics.

The ECM has warned for years that sovereign debt crises eventually migrate down into household psychology. Governments can manipulate numbers temporarily, but they cannot force populations to feel financially secure when living standards continue to deteriorate.

The European Union is now openly discussing restricting VPN access as part of its expanding online age-verification system, which demonstrates precisely where the entire digital agenda has been heading from the beginning. They always introduce these systems under emotionally untouchable justifications such as child safety or combating terrorism, but once the infrastructure is in place, the scope inevitably expands.

According to a new European Parliament briefing, officials are concerned that users are bypassing online age-verification requirements via VPNs, and the report notes a surge in VPN usage in countries implementing stricter digital controls. The proposal being discussed is to potentially restrict VPN access itself to those above a so-called “digital age of majority.” In other words, they are now targeting the very tools people use to protect their privacy online.

For readers who may not use these services personally, a VPN simply encrypts your internet traffic and masks your location, preventing internet providers, corporations, and governments from monitoring everything you do online. Businesses use them constantly, financial institutions rely on them, journalists use them, and ordinary people use them simply to avoid being tracked across the internet.

The problem from the government’s perspective is that VPNs interfere with surveillance. Europe’s Digital Services Act has already pushed platforms toward mandatory age-verification systems that increasingly require identification documents, facial scans, or biometric verification simply to access online content. Once users began using VPNs to avoid those systems, regulators immediately shifted toward framing the VPN itself as the threat. This is how these systems always evolve, because the objective is never merely regulation, it is compliance and visibility.

What they are building is effectively a digital identity system where access to information requires permission. People fail to understand how dangerous this becomes once connected to the broader European agenda involving CBDCs, centralized digital IDs, online speech regulation, and financial monitoring. These are not isolated policies appearing randomly at the same time. They are interconnected components of a single structural transition toward centralized digital control.

First they regulate speech under the justification of misinformation. Then they regulate platforms under the justification of safety. Then they require identity verification under the justification of protecting children. Finally they target anonymity itself by restricting the tools people use to avoid surveillance.

This fits perfectly within the broader cycle unfolding in Europe, where declining economic confidence and political instability lead governments toward greater centralization and control. Historically, governments facing crisis do not voluntarily reduce authority, they expand surveillance, tighten restrictions, and attempt to maintain control over information and capital flows.

Once anonymity disappears online, everything becomes traceable, every search, every communication, every financial transaction, and eventually every movement through the digital economy itself. That is where this leads, regardless of the language used to justify it today.

The public is being told this is about protecting children, but history has demonstrated repeatedly that emergency measures and surveillance systems never remain confined to their original purpose. Once established, they become permanent infrastructure, expanding quietly until the entire framework of society changes around them.

QUESTION: Marty, I loved your speech about AI here in Canada and why AI cannot trade. You explained that you created a completely different form of AI and your system has made remarkable calls for 40 years that I know of. You also said that they will be doing a Holywood movie on you and your contribution to humanity. You said before that they will allow people to invest in the film to expose cycle to society. Is there any update on that front?

JK

ANSWER: These AI systems are good only for research. Trading is like a poker game. There are elements of human intuition that a LLM is not capable of picking up. Even IBM’s Watson failed. They assumed throwing in every known disease and the computer would figure out how to cure cancer. They sold it for scrap. Socrates is NOT a LLM nor a neural net. I knew that would never work. But I am a trader and a programmer. It takes both skills, not just one.

As far as the Movie, it will be an independent film so the LEFTISTS in Holywood do not screw it up. They are talking with some famous Class A actors. If they believe in the project and the message, then I will agree. At that point, I believe they will set up a vehicle to fund the movie. My goal is that it shows the world that cycles are a lost art that was hidden with the Dark Age and are rising again. I don’t think the cost of production will be that outrageous. The Big Short brought in $133.3 million worldwide against a $28 million cost. So an independent film can be a lucrative venture. It all depends on who you get for a class A actor.

This is something they do, not me. If they get to the point it looks viable, I will let everyone make their decision. I am more intereested in getting cyclical analysis into the mainstream. Then Scotty can beam me up – mission accomplished.

There was a typo om the ECM Wave Change. The next target is July 1/2 not June 1.

PRIVATE BLOG – From Ukraine With Hatred– May 9th

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/

PRIVATE BLOG – The May Update

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/

Foreclosure filings across the United States have now climbed to their highest level in six years, with ATTOM reporting a 26% year-over-year increase as more homeowners fall behind on mortgage payments. Florida and Texas are leading the nation as rising property taxes, exploding insurance premiums, elevated interest rates, and mounting consumer debt place enormous strain on household finances.

Naturally, many people immediately compare this situation to 2008, but I have said repeatedly that this is not the same type of housing crisis that unfolded during the Great Recession. The pressures today are real, but the structure underneath the market is fundamentally different.

Back in 2008, the problem centered on reckless leverage and toxic lending practices. Banks issued enormous quantities of adjustable-rate mortgages, no-income verification loans, interest-only products, and outright fraudulent mortgage structures to borrowers who never realistically had the capacity to repay long-term. Wall Street then packaged those loans into complex securities spread throughout the global financial system. Housing became the center of a massive debt pyramid built on artificial liquidity and speculation.

When interest rates reset higher and home prices stopped rising, the system collapsed violently because leverage existed everywhere simultaneously.

Entire neighborhoods became ghost towns. Foreclosure signs covered suburban streets. Construction halted. Banks failed. Millions lost their homes because borrowers had little equity, and many mortgages were structurally unsustainable from the beginning.

Today’s situation is different in several critical ways. Most homeowners locked in historically low fixed mortgage rates during the post-2020 period. Unlike 2008, the majority are not suddenly facing adjustable-rate payment shocks. Lending standards overall have also remained tighter than during the subprime era, with higher credit requirements and more documentation attached to mortgage approvals.

The problem now is affordability pressure rather than pure credit collapse. Americans are being squeezed by rising ownership costs surrounding the mortgage itself. Property taxes have surged in many states after pandemic-era valuation increases. Insurance premiums, especially in Florida, Texas, California, and coastal regions, have exploded as insurers absorb storm losses and increasingly abandon high-risk markets. Utility costs, HOA fees, maintenance expenses, and consumer debt burdens are all rising simultaneously.

In practical terms, homeowners may have low mortgage rates but still find total monthly ownership costs becoming unsustainable. Florida is one of the clearest examples. Many homeowners there now pay insurance premiums rivaling secondary mortgage payments annually. Some insurers left the market entirely, forcing homeowners into far more expensive state-backed coverage systems. At the same time, migration booms during the pandemic pushed housing prices sharply higher, leaving many recent buyers financially stretched near cyclical peaks.

This creates stress, but it is not identical to the systemic mortgage fraud structure underlying 2008. I have also said repeatedly that demographics matter enormously in housing. Unlike 2008, the United States still faces a structural housing shortage in many regions because construction slowed dramatically for years following the financial crisis. Millennials are now entering prime family formation years while inventory remains relatively constrained in many areas nationally. That underlying supply imbalance provides a degree of support that simply did not exist during the housing bubble era when overbuilding was rampant.

Many younger Americans simply cannot qualify for homes at current price levels and financing costs. Existing homeowners are reluctant to move because they would lose ultra-low mortgage rates if forced to refinance into higher-rate environments. Builders face higher financing costs and slowing buyer demand simultaneously.

The market is becoming frozen rather than collapsing outright. The bigger issue is broader economic pressure spreading underneath the surface. Credit card balances remain elevated, savings buffers have deteriorated for many households, delinquency rates are rising in portions of consumer credit markets, and the federal government itself faces an exploding debt burden as interest expenses surge higher.

That creates an environment where foreclosure activity can rise meaningfully even without a full-scale 2008-style implosion.

What we are seeing now is a slow deterioration in financial conditions rather than the sudden credit seizure that defined 2008. That distinction is extremely important because it means the stress may unfold over a longer period while still steadily eroding household stability and consumer confidence.

The housing market is weakening, but this cycle is being driven more by affordability exhaustion and economic pressure than by the toxic leverage structure that detonated during the Great Recession.