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.

No one blinked when Venezuela declared itself at war with the US. President Trump said he would not bother declaring a war against the drug cartels, opting to simply kill any potential smugglers. Venezuelan President Nicolas Maduro was labeled a terrorist by US intelligence agencies this week. The West showed no concern over the matter, but it turns out Maduro has friends in low places.

Chinese President Xi Jinping published a birthday message to Maduro, declaring the two nations “intimate friends” and promising to “safeguard their sovereignty and national security, the dignity of the nation, and social stability.” Xi did not mince words or ask a party member to speak on his behalf. “China resolutely opposes the meddling of external forces in Venezuela’s internal affairs under any pretext,” Xi wrote in direct opposition to the US.

Russia also chimed in on the discussion, with Putin calling Maduro a “dear friend” and “strategic partner.” China has accused the US of violating the United Nations Charter by threatening Venezuela’s sovereignty and security. Venezuela is now a formidable opponent, a potential launching point for yet another proxy war.

The model had been targeting the week of August 18, 2025, as the beginning of heightened tensions and a turning point on the Panic Cycle. Not only did we see an unexpected meeting between Russian and American leaders, but the US began to encircle Venezuela, and Israel called up its reserve troops to continue its attack on Gaza. At the time, I questioned whether Putin had given Trump the green light to surround Venezuela, as Russia was its primary protector.

Remember that Venezuela was one of the wealthiest, most powerful nations in the world before it turned to socialism. In 1950, Venezuela ranked near the top globally in terms of income per person, and the oil boom boosted the nation before everything imploded in the 1980s.

China is currently one of Venezuela’s top trading partners. Moreover, China does not want the West to have unilateral power to impose regime changes without pushback. Now, China has condemned the attack on Venezuela, but that is quite different than pledging direct support. The cards have been laid on the table, and the leaders of the game are prepared to fight on a new front if needed. Stretching the West’s military to the brink, fighting on so many global fronts, may be a strategic long-term play.

Donald Trump sees the economy through the lens of a borrower. He does not understand the perspective of lenders, no less the central bank. Trump recently mocked that Federal Reserve Chairman Jerome Powell had “some real mental problems” and is “grossly incompetent.” Treasury Secretary Scott Bessent came forward on Tuesday and said there is a good chance that Powell will step down as chair before the year ends.

“The only thing Scott is blowing it on is the Fed because the Fed — the rates are too high, Scott. And if you don’t get it fixed fast, I’m going to fire your ass, okay?” Trump said at a recent rally. “‘Sir, don’t fire him. Sir, please don’t fire him. He’s got three months to go,’” Trump said, imitating Bessent in a pleading tone. “‘Please, he’s a voice of reason.’”

The Federal Reserve is independent of Washington. Trump would have fired Powell years ago if he had the authority. They attempted to pin the expensive new Fed headquarters as a foul on Powell’s part, but it’s clear they don’t have a leg to stand on. The only possible way Trump could push Powell out would be if he conducted a Marjorie Taylor Greene-style attack and forced his resignation. Powell has been battling it out with Trump since 2018—he could hang on for three more months.

Trump, unfortunately, does not understand that lower rates do not equate to a booming economy. I met with the Treasury in 1981, when I was new to the game and naive about government. They had raised rates to around 14% and I explained that they were looking at doubling the national debt. “Yes Marty, but we will be paying it back with cheaper dollars.” They simply do not understand how the global economy functions and are unwilling to listen.

Interest rates are not going to significantly drop, no matter how much Trump screams and yells. When you have a sovereign debt crisis on the horizon, coupled with war, rates tend to rise.

The Bureau of Labor Statistics will release its delayed jobs report on December 16, nearly a week after the Federal Open Market Committee meets to discuss rates. The latest ADP data suggest that payrolls are continuing to contract. Private companies have shed an average of 13,500 employees per week over the past four weeks.

The last update showed a running average of 2,500 weekly job losses. American companies are rapidly downsizing amid this wave of stagflation. If the Fed were looking at the BLS September release, nonfarm payrolls were around 119,000 with unemployment in the 4% range.

In other data, the September CPI headline inflation rate was 3%, a 0.3% monthly rise. Core PCE is running a bit under 3% on a 12-month basis. Inflation is allegedly easing, but above the 2% target.

The preferred GDP gauge was not released for Q3, but the Atlanta Fed believes it is around the 4% annualized range, and the Bureau of Economic Analysis placed it at 3.8%.

The current federal funds rate is at 3.75%-4.00%. Washington is ready to throw Powell into the fire if he does not cut rates. But QE has failed, and Powell has been steadfast.  The Fed does not control the fiscal side of the budget and cannot prevent government from perpetual borrowing. If the Fed does nothing, then the money supply is increasing because it’s the debt side and merely currency that gains interest. The models show heightened volatility coming out of 2025, but no long downtrend in interest rates that Trump would like to see.

Trump’s proposal for peace in Ukraine has been met with an overwhelming condemnation from the world’s neocons. Former UK Prime Minister Boris Johnson reemerges from the shadows whenever he hears word that a war may be winding down. He played an instrumental role in persuading Zelensky not to negotiate a peace treaty with Russia when it was apparent that Ukraine could not easily win, and now, Johnson is urging Ukraine to continue the war.

“Imagine that you are Vladimir V. Putin and you are spending a calm Saturday in the Kremlin… You casually watch the television news, and you cannot help but smile at the incompetence of your opponents, at the astonishing weakness of the West. You have lost more than a million soldiers, killed and wounded, in your attempts to subdue Ukraine. You have still failed to capture more than 20 percent of the country’s territory. Your economy is faltering. And now they are talking about some new 28-point plan to end the war – and it could have been written entirely by the Kremlin,” Johnson warned.

In typical neocon fashion, Johnson wants to paint the proposal as a victory for Russia. He acknowledges millions have died, but since they are Russian, their lives do not matter. Continue the slaughter at the expense of the people.

Johnson declared that Britain was in a proxy war with Russia back in November 2024. “It has been pathetic… Let’s face it: We’re waging a proxy war but not giving our proxies the ability to do the job. For years now, we’ve been allowing them to fight with one hand tied behind their backs, and it has been cruel,” he admitted one year ago. Why would Britain feel threatened by Russia? Why would any sane leader thrust their people into a battle that is not theirs to fight?

The head of M16, Sir Richard Moore, also came out in November 2024, admitting British intelligence was discreetly fighting on behalf of Ukraine. “We cherish our heritage of covert action, which we keep alive today in helping Ukraine resist the Russian invasion,” Moore commented.

Moore and Johnson know that Russia has no incentive to invade Europe, especially Britian. There is absolutely nothing for Putin to gain. Europe, on the other hand, has everything to gain through conflict with Russia. They see Ukraine as the ultimate entryway into Russia

War is a great way to default on debts. You get to form a new government, and they always disavow the debts of the previous government. Europe has been committing economic suicide. Between the COVID-19 Lockdowns, the NET-ZERO Climate Change, and then the sanctions on Russia that doubled their fuel costs, you could not ask for a more brain-dead group of politicians who have ZERO comprehension of even how the economy functions.

Plain and simple—Russia invaded due to the West’s failure to honor the Minsk Agreement. The neocons disregard the proposal entirely and conveniently disregard the original signed agreement when discussing conceding territory.

“The document offers Ukrainians not only to give up any attempts to reclaim Crimea or Donbas, but also to cede vast territories, including about 250,000 Ukrainians whom the Russians do not even control. Of course, you knew your negotiators would try something like that. But you never believed anyone would take this seriously. You can’t believe that President Trump would back this plan, because it is a complete betrayal of Ukraine,” Johnson continued in his recent writing.

LET THE PEOPLE VOTE! The ethnically Russian people living in Ukraine have been unable to decide on their leadership. Zelensky outlawed their religion and language. Everyone believes they are protecting the people in these regions from the other side, but only one side is open to learning the people’s wishes. The 28-point plan saves the PEOPLE of both Russia and Ukraine. Russia cannot abandon the war without guarantees that NATO will back down and Ukraine is merely an EU puppet. Zelensky now has two days to decide whether he is willing to destroy his nation for the neocons.

Around 29% of low-income American households are currently living paycheck to paycheck, according to a new study by the Bank of America Institute, up from 23.5% in 2024. Spending on necessities such as groceries, utilities, housing, autos, and credit cards now exceeds over 95% of household income for over a quarter of Americans.

The poor are getting poorer; low-income households are naturally more inclined to report a rise in financial hardship, while high and middle-income earners have not seen a notable increase in paycheck-to-paycheck financial situations.

Inflation remains beneath the 2022 high of 9.1% but has not met the Fed’s 2% target. Again, I do not have faith in the figures provided by government agencies. Prices simply have not notably declined since the pandemic and this is the new normal. The essentials that a household cannot survive without are likely to never retreat to 2019 levels. Shelter alone accounted for 36% of CPI in 2024, rising 5.2% throughout the year. Baseline shelter costs were around 30%–yes 30%–lower in 2019.

Grocery items have been highly volatile, and government data suggests they have increased 12% since the pandemic, but anyone with access to a grocery store can dispute this claim.

Companies are cutting costs, beginning with entry-level and low-level work. Lower-income positions have seen only around a 1% rise in wages this past year and have not kept up with inflation in the least. Job openings are declining as companies scale back, outsource, or automate.

Is it any wonder that the welfare state continues to multiply? The government spends billions each month on supplementing income and its never enough. State budgets are suffering as cracks begin to appear in the system. They found the funds to support millions of migrants and now voters are wondering why the government is unable to step in for them. Naturally the government still demands taxes from the lowest earners and will never drop rates because they too are living on debt.

Those with the least are the first to feel the impact, but it vibrates throughout the entire economy. A separate poll by Harris found that three-quarters of Americans earning over $100,000 annually live paycheck to paycheck and rely on credit for necessities. Bank of America also noted that countless people living in poverty are unbanked and were not accounted for in their study. Consumers are the backbone of America’s economy. The red warning signs are everywhere: the system is crumbling.

The American judiciary should just be shut down. It all depends on the political affiliation of the presiding judge. First of all, it is virtually IMPOSSIBLE to get the grand jury minutes. That is so unprecedented it is one in a billion shot. The judge who dismissed Comey’s indictment was appointed by Biden. There is ZERO chance of a fair trial in the United States anymore. All judges should be replace with AI which will do a far better job and fulfill the promise of EQUAL JUSTICE for all.

The dismissal of an indictment by a judge is ao rare, it is obviously political and exposes how corrupt the judiciary has become. The jury (people) are supposed to make that decision – not a partisan judge. The corruption of the rule of law is systemic and it had been complained about for centuries.

Speaking about the English Court of Chancery

QUESTION: Merz said he told Trump that Germany is “fully in line with Ukraine, that the sovereignty of this country must not be jeopardized.” He also said that the war in Ukraine is a threat to all of Europe. Do you see any hope for Europe avoiding war?

DLK

ANSWER: Unfortunately, NO. The European leaders are ignorant and are the puppets of NATO. They are too stupid to see that the Neocons are manipulating them. This nonsense that Ukraine should not be split is insane. That was the ONLY way to stop the ethnic killing in Yugoslavia. Czechoslovakia split in two as well. The Minsk Agreement, which even Germany signed, was to allow the Donbas to vote. Merz refusal to honor the word of Germany is dooming Europe to World War III. If they reall want peace, surrender the Donbas. Else, then sacrifice all of Europe to a third world war. There will NEVER be peace with Russia because people like Kallas hate the Russian people.

The only way for Europe to avoid this war is to stand up and demand that they have a say in creating war. European leaders will lie and put Europe at risk for Ukraine, the most corrupt nation on Earth. Zelensky’s Chief of Staff is now implicated in stealing $100 million. How musch more money will the West hand these people to stuff in their private accounts. They never get enough. Are they paying kickbacks to NATO and Europeans leaders?

The first duty of a head of state is to protect his own people!

I warned those who called me in to draft a peace plan that Kalls (The EU’s female version of Lindsey Olin Graham) and Zelensky are not interested in peace and will sabotage any effort whatsoever to create peace. Zelensky on Monday insisted that any peace plan to end the war must include a recognition of the “aggressor” paying the price, in light of Russia triggering the conflict by invading Ukraine in 2022. Of course, he wants all the Russian frozen money for himself and his corrupt supporter in the EU and his cronies who suspended all elections for him and themselves. He said:

“The aggressor must pay fully for the war he started, and this is why decisions on Russian assets are essential.”

Zelensky in a video address to the Swedish parliament on Monday, arguing that an agreement on the use of frozen Russian assets is a crucial element to any proposal. He does not care about the Ukrainian people. He does NOT want the end of the war for then he no longer has the excuse to remain as an unelected president.

I reiterate my recommendation that the USA EXIT NATO and get the hell out of Europe for there is absolutely no way they will ever accept peace with Russia. I have stressed this in my meetings and we must be concerned about Americans FIRST, not this vendetta Ukraine has against the Russian people. That will never be resolved any more than the hatred between Iran and Israel.

Ukraine will self-destruct. They will never accept peace no matter what. This is not some dispassionate swap of I will you Boardwalk for Park Place. The Donbas has a right to separate. They are ethnically Russian and they will NEVER be free of the hatred of the Ukrainian Nazis.

Peace is on the table—my detailed outline for ending the Russia-Ukraine-NATO war has been read and received by Moscow and Washington. Peace only emerges when both sides have something to gain and nothing to lose by walking away from war. Washington is listening; the Trump Administration’s 28-point peace plan for Russia successfully changed the narrative to acknowledge that Russia is not the aggressor.

The main stipulation in the peace plan I crafted involves honoring the Minsk Agreement. Washington seems to agree to this stipulation, declaring that Crimea, Luhansk, and Donetsk must be recognized as part of Russia to restore peace. The war began over territory and has continued due to Zelensky’s unwillingness to concede.

Furthermore, Washington has demanded that Ukraine hold elections. Zelensky is prolonging the war to remain in power. He declared himself the indefinite ruler without a single vote cast under martial law. The people of Ukraine want his head. Citizens must be permitted to select the government they want, as anything else is temporary. The West may not interfere in the next election.

I praise the Trump Administration for acknowledging that trade is the greatest way to unite nations. The 28-point plan would lift Russian sanctions and welcome Moscow back into the Western market. Trump is willing to treat Russia as a world power and trading partner rather than an enemy. No one should have any qualms with modern Russia. Russia has not been the aggressor in this situation. A clear-cut agreement was made in 2014, but the EU admittedly had ulterior motives.

Zelensky has until November 27 to accept this proposal. The neocons are in an absolute uproar at the possibility of peace. Kaja Kallas immediately took to the airwaves to announce her veto of the proposal, but neither she nor any of the other neocons has the final say. Millions of lives are at stake. Let’s watch and see how Ukraine and the EU respond this week.

Below is Trump’s 28-point peace plan:

1. Ukraine’s sovereignty will be confirmed.

2. A comprehensive non-aggression agreement will be concluded between Russia, Ukraine and Europe. All ambiguities of the last 30 years will be considered settled.

3. It is expected that Russia will not invade neighboring countries and NATO will not expand further.

4. A dialogue will be held between Russia and NATO, mediated by the United States, to resolve all security issues and create conditions for de-escalation in order to ensure global security and increase opportunities for cooperation and future economic development.

5. Ukraine will receive reliable security guarantees.

6. The size of the Ukrainian Armed Forces will be limited to 600,000 personnel.

Note: Ukraine’s army currently has 800,000-850,000 personnel, and had around 250,000 beforethe war, according to a Ukrainian official.

7. Ukraine agrees to enshrine in its constitution that it will not join NATO, and NATO agrees to include in its statutes a provision that Ukraine will not be admitted in the future.

8. NATO agrees not to station troops in Ukraine.

Note: NATO countries including France and the U.K. have been working on separate proposals that would include small numbers of European troops on Ukrainian soil after the war. This plan appears to disregard that possibility.

9. European fighter jets will be stationed in Poland.

10. The U.S. guarantee:

The U.S. will receive compensation for the guarantee;

If Ukraine invades Russia, it will lose the guarantee;

If Russia invades Ukraine, in addition to a decisive coordinated military response, all global sanctions will be reinstated, recognition of the new territory and all other benefits of this deal will be revoked;

If Ukraine launches a missile at Moscow or St. Petersburg without cause, the security guarantee will be deemed invalid.

11. Ukraine is eligible for EU membership and will receive short-term preferential access to the European market while this issue is being considered.

12. A powerful global package of measures to rebuild Ukraine, including but not limited to:

The creation of a Ukraine Development Fund to invest in fast-growing industries, including technology, data centers, and artificial intelligence.

The United States will cooperate with Ukraine to jointly rebuild, develop, modernize, and operate Ukraine’s gas infrastructure, including pipelines and storage facilities.

Joint efforts to rehabilitate war-affected areas for the restoration, reconstruction and modernization of cities and residential areas.

Infrastructure development.

Extraction of minerals and natural resources.

The World Bank will develop a special financing package to accelerate these efforts.

13. Russia will be reintegrated into the global economy:

 The lifting of sanctions will be discussed and agreed upon in stages and on a case-by-case basis.

The United States will enter into a long-term economic cooperation agreement for mutual development in the areas of energy, natural resources, infrastructure, artificial intelligence, data centers, rare earth metal extraction projects in the Arctic, and other mutually beneficial corporate opportunities.

Russia will be invited to rejoin the G8.

14. Frozen funds will be used as follows:

$100 billion in frozen Russian assets will be invested in US-led efforts to rebuild and invest in Ukraine;

The US will receive 50% of the profits from this venture. Europe will add $100 billion to increase the amount of investment available for Ukraine’s reconstruction. Frozen European funds will be unfrozen. The remainder of the frozen Russian funds will be invested in a separate US-Russian investment vehicle that will implement joint projects in specific areas. This fund will be aimed at strengthening relations and increasing common interests to create a strong incentive not to return to conflict.

15. A joint American-Russian working group on security issues will be established to promote and ensure compliance with all provisions of this agreement.

16. Russia will enshrine in law its policy of non-aggression towards Europe and Ukraine.

17. The United States and Russia will agree to extend the validity of treaties on the non-proliferation and control of nuclear weapons, including the START I Treaty.

Note: New START, the last major U.S.-Russia arms control treaty, is due to expire in February.

18. Ukraine agrees to be a non-nuclear state in accordance with the Treaty on the Non-Proliferation of Nuclear Weapons.

19. The Zaporizhzhia Nuclear Power Plant will be launched under the supervision of the IAEA, and the electricity produced will be distributed equally between Russia and Ukraine — 50:50.

20. Both countries undertake to implement educational programs in schools and society aimed at promoting understanding and tolerance of different cultures and eliminating racism and prejudice:

Ukraine will adopt EU rules on religious tolerance and the protection of linguistic minorities.

Both countries will agree to abolish all discriminatory measures and guarantee the rights of Ukrainian and Russian media and education. (Note: Similar ideas were incorporated into Trump’s 2020 Israel-Palestine peace plan).

All Nazi ideology and activities must be rejected and prohibited.

21. Territories:

Crimea, Luhansk and Donetsk will be recognized as de facto Russian, including by the United States.

Kherson and Zaporizhzhia will be frozen along the line of contact, which will mean de facto recognition along the line of contact.

Russia will relinquish other agreed territories it controls outside the five regions.

Ukrainian forces will withdraw from the part of Donetsk Oblast that they currently control, and this withdrawal zone will be considered a neutral demilitarized buffer zone, internationally recognized as territory belonging to the Russian Federation. Russian forces will not enter this demilitarized zone.

22. After agreeing on future territorial arrangements, both the Russian Federation and Ukraine undertake not to change these arrangements by force. Any security guarantees will not apply in the event of a breach of this commitment.

23. Russia will not prevent Ukraine from using the Dnieper River for commercial activities, and agreements will be reached on the free transport of grain across the Black Sea.

24. A humanitarian committee will be established to resolve outstanding issues:

All remaining prisoners and bodies will be exchanged on an ‘all for all’ basis.

All civilian detainees and hostages will be returned, including children.

A family reunification program will be implemented.

Measures will be taken to alleviate the suffering of the victims of the conflict.

25. Ukraine will hold elections in 100 days.

26. All parties involved in this conflict will receive full amnesty for their actions during the war and agree not to make any claims or consider any complaints in the future.

27. This agreement will be legally binding. Its implementation will be monitored and guaranteed by the Peace Council, headed by President Donald J. Trump. Sanctions will be imposed for violations.

Note: This is the same general structure Trump proposed to govern the Gaza peace agreement.

28. Once all parties agree to this memorandum, the ceasefire will take effect immediately after both sides retreat to agreed points to begin implementation of the agreement.