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Join Us at the World Economic Conference in Orlando, Florida! Nov. 17-19, 2023

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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.

NEW BOOK Now Available : "Mark Antony & Cleopatra"

Mark Antony Cleopatra Cleopatra Proxy War

Now available at all major retailers!

The eBook will be available shortly.

"THE PLOT TO SEIZE RUSSIA - THE UNTOLD HISTORY"

The Plot to Seize Russia_3Dmockup_2 300x225

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.

Bessent Destroying the Dollar

 

Treasury Secretary Scott Bessent threatened the entire world in perhaps the most authoritative speech that makes other nations hate Americans for this arrogance.  Scott Bessent thinks he is still with Soros and can now really manipulate the world economy. Those who ask if I have any connection with him the answer is FLAT OUTRIGHT NO WAY!!!!! We are adversaries and he would sooner destroy the USA before ever consulting Socrates. He hates my guts.

Neocon Dividing World Economy

The arrogance of the United States is off the charts. Allowing these Bessent and the Neocons to use the dollar as a weapon has already divided the world economy. China’s CIPS has been experiencing significant growth. It processed 175 trillion yuan (about $24.47 trillion) in 2024, with plans to expand to support multi-currency settlement. SWIFT is exclusively dollars. CIPS handles approximately 70% of all RMB cross-border payments, and its single-day transaction value has reached new highs, exceeding 1.22 trillion yuan in early 2026. That is 179.9 billion USD daily.

Obama G8 Micky Mouse Crimea Russia

Transforming the US dollar into a weapon is having devastating effects and underminded the FAITH in the US dollar. Obama started this insanity. When Russia came to the aid of Russians in Crimea, he went to SWIFT and insisted that they remove Russia from the system. They said no way. So they replaced the head of SWIFT as a puppet and they started weaponizing the dollar by removing Russia and then had the audacity to threaten China if they aided Russia against Ukraine.

Let’s exposed the hypocrisy here. The United States has a well-established history of using military force to protect or rescue its citizens abroad, sometimes escalating to a full-scale invasion. This practice is rooted in the government’s view that it has a legal right—based on national “self-defense“—to protect its citizens wherever they are, and that this right has even been used to justify military intervention in foreign countries. They deny that to Russia.

The principle that the U.S. government can use force to protect its citizens abroad is long-standing. An 1860 U.S. Circuit Court case, Durand v. Hollins, established an important precedent by upholding a naval bombardment of Greytown, Nicaragua, as a reprisal for violence against U.S. nationals. The ruling stated that “the citizen abroad is as much entitled to protection as the citizen at home,” and that a government failing in this duty “is not worth preserving” .

This legal concept supports what has historically been called “gun-boat diplomacy“—the use of military force to protect citizens or their property in other countries . The US will invade and has done so but claim Russia coming to the aid of Russians in the Donbas is illegal?

BRICS DeDollarization

These people who love power are so stupid that they cannot see that the more people they remove from SWIFT isolates the United States and in the process they are destroying the dollar. The DEDOLLARIZATION has nothing to do with debt, gold, or FIAT. Such arguments only reveal how little they know about how the world economy functions. This is geopolitical and this latest NONSENSE from Bessent will only fulfill our computer forecast that they are destroying the world economy and in the process the dollar as soon as 2030 where we have a Panic Cycle. These idiots are so arrogant and stupid, they cannot see that they are undermining not just the dollar, but the entire world economy. BRICS is a response to American arrogance.

Dethrone Dollar

They are guaranteeing that China will supplant the United States as the financial capital of the world for the yuan will become more trustworthy by the mere fact that China would not turn its currency into a weapon when they are benefitting every day the more the USA weaponizes the dollar.

China vs US CHPS vs SWIFT

Market Talk – August 2, 2026

Market Talk 2017

ASIA:
The major Asian stock markets had a negative day today:
• NIKKEI 225 decreased 1,889.70 points or -2.85% to 64,325.64
• Shanghai decreased 38.501 points or -0.97% to 3,941.386
• Hang Seng decreased 18.52 points or -0.07% to 25,311.21
• ASX 200 decreased 88.30 points or -0.97% to 8,978.40
• SENSEX decreased 373.93 points or -0.49% to 76,570.35
• Nifty50 decreased 141.35 points or -0.59% to 23,914.45
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00252 or 0.35% to 0.71699
• NZDUSD decreased 0.00456 or -0.77% to 0.58464
• USDJPY decreased 1.327 or -0.83% to 158.852
• USDCNY decreased 0.00438 or -0.07% to 6.71774
The above data was collected around 14:05 EST.
Precious Metals:
•  Gold increased 44.96 USD/t oz. or 1.04% to 4,373.68
•  Silver increased 0.962 USD/t. oz. or 1.50% to 65.028
The above data was collected around 14:10 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
•  CAC 40 decreased 21.22 points or -0.26% to 8,280.63
•  FTSE 100 decreased 32.83 points or -0.30% to 10,756.45
•  DAX 30 decreased 130.78 points or -0.50% to 25,839.33
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.00068 or -0.06% to 1.15860
• GBPUSD decreased 0.00306 or -0.23% to 1.34855
• USDCHF increased 0.00181 or 0.22% to 0.81341
The above data was collected around 14:15 EST.

AMERICAS:

US Markets:

  • DJIA advanced by 295.07 points (0.56%) to 53,061.95
  • S&P 500 advanced by 35.13 points (0.46%) to 7,666.6
  • NASDAQ advanced by 118.05 points (0.45%) to 26,217.828
  • Russell 2000 advanced by 33.03 points (1.13%) to 2,953.166

Canada:

  • TSX Composite advanced by 265.88 points (0.74%) to 36,091.61
  • TSX 60 advanced by 13.7 points (0.65%) to 2,121.47

Brazil:

  • Bovespa advanced by 5,482.61 points (3.05%) to 185,205.09
ENERGY:
The oil markets had a mixed day today:
•  Crude Oil increased 1.102 USD/BBL or 1.22% to 91.322
•  Brent increased 1.069 USD/BBL or 1.13% to 95.719
•  Natural gas increased 0.0465 USD/MMBtu or 1.60% to 2.9505
•  Gasoline decreased 0.0246 USD/GAL -0.78% to 3.1105
•  Heating oil increased 0.0158 USD/GAL or 0.34% to 4.6931
The above data was collected around 14:18 EST.
•  Top commodity gainers: Natural Gas (1.60%), Sugar (1.91%), Palladium (2.52%) and Orange Juice (2.00%)
•  Top commodity losers: Coffee (-3.72%), Cocoa (-4.28%), Oat (-2.89%) and Rubber (-3.25%)
The above data was collected around 14:30 EST.
BONDS:
Japan 3.0180% (+2.22bp), US 2’s 4.39% (-0.016%), US 10’s 4.7980% (+0.1bps); US 30’s 5.27 (-0.007%), Bunds 3.3759% (+3.72bp), France 4.253% (+4.7bp), Italy 4.2220% (+3.76bp), Turkey 34.590% (+272bp), Greece 4.0720% (+4.99bp), Portugal 3.7230% (+2.2bp); Spain 3.832% (+0.5bp) and UK Gilts 5.2320% (-3.08bp)
The above data was collected around 14:34 EST.

PRIVATE BLOG – Will Trump Nuke Iran?

PRIVATE BLOG

PRIVATE BLOG – Will Trump Nuke Iran?


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/

Marine Le Pen and the Nationalist Trend the Establishment Cannot Stop

The far-right Marine Le Pen accuses the Sánchez Government of "encouraging the massive entry of migrants" into Ceuta and demands France reinforce controls

A new poll out of France should not be viewed as some sudden political awakening. It is confirmation that the nationalist trend we have been watching throughout Europe for years is continuing and becoming stronger. The poll places Marine Le Pen comfortably ahead in the first round of the 2027 presidential election, with roughly 36% support, far beyond any of the establishment candidates currently positioned against her. More importantly, the polling indicates that National Rally is no longer merely collecting an angry protest vote. Le Pen is increasingly competitive with, and in several scenarios ahead of, mainstream candidates in the second round where the French establishment historically united to prevent her from reaching the Élysée Palace.

This is the continuation of a political trend, not the beginning of one. Brexit was part of it. Trump was part of it. Giorgia Meloni’s victory in Italy was part of it. The Freedom Party winning the largest share of the vote in Austria was part of it, as has been the extraordinary expansion of AfD in Germany. Reform UK has disrupted the old Conservative-Labour structure in Britain, while nationalist and sovereignty movements have advanced across the Netherlands, Portugal, Romania, and elsewhere. Different countries have different grievances, but they are all reacting to the same fundamental problem: people are losing confidence in political establishments that transferred too much sovereignty away from the nation-state.

Le Pen fits directly into this trend because her opposition to Brussels has always been central to her political appeal. National Rally no longer advocates withdrawing France from the European Union or abandoning the euro, but Le Pen continues to argue that France must regain sovereignty from EU institutions. That is what terrifies the establishment far more than all the rhetoric about the “far right.” France is one of the pillars holding the European project together, and a French president willing to challenge the authority of unelected bureaucrats in Brussels would pose a threat to European centralization that Hungary or Slovakia simply cannot.

The EU was sold to Europeans as an economic union that would facilitate trade and prevent another European war. It has transformed itself into an enormous political bureaucracy regulating energy, agriculture, automobiles, immigration, environmental policy, trade, and increasingly defense and foreign affairs. The average French citizen cannot vote the European Commission out of office. Yet those bureaucrats can impose regulations that directly affect what car he drives, what his electricity costs, how farmers use their land, and what policies his national government is permitted to implement.

This is precisely why nationalism has continued gaining ground. The establishment insists that people voting for these parties have somehow become extremists, but perhaps they should look in the mirror. Trump did not create nationalism in America, Brexit did not create nationalism in Britain, and Le Pen did not create nationalism in France. These movements expanded because governments increasingly stopped representing the interests of the people who elected them.

France illustrates the trend perfectly. Le Pen received only 17.9% in the first round of the 2012 presidential election. She increased that to 21.3% in 2017 and then 23.2% in 2022. In the presidential runoff, she went from 33.9% against Macron in 2017 to 41.5% in 2022. Now she is polling around 36% before the first ballot is even cast in 2027. You do not need some complicated political theory to understand what is happening. The direction has been underway for more than a decade.

Nationalism

The establishment has nevertheless repeatedly attempted to contain nationalist parties rather than address why people are voting for them. Germany constructed its political “firewall” against AfD, whereby the traditional parties refuse cooperation regardless of how many Germans vote for it. Austria’s Freedom Party won the largest share of the vote in its 2024 parliamentary election yet initially found itself excluded while establishment parties attempted to construct a government without it. Millions of Europeans are effectively being told that they are free to vote for whomever they like, provided their vote does not actually change who governs.

Romania exposed how dangerous this mentality can become. Călin Georgescu unexpectedly won the first round of the presidential election in 2024 before the Constitutional Court annulled the election amid allegations of campaign irregularities and Russian interference. Georgescu was then barred from participating when the election was rerun. There were legal arguments behind those decisions, but politically the result was extraordinary: the man who won the first election was not permitted to compete in the replacement election. That does not restore confidence in democracy. It destroys it.

Now look at Le Pen. Her conviction in the European Parliament assistants case initially included an immediately prohibition on seeking public office that threatened her participation in 2027. Her legal position subsequently changed through the appeals process, leaving her able to run, but France came remarkably close to having the eligibility of its leading opposition candidate determined by the judiciary rather than the electorate.

Then there is campaign financing. National Rally has repeatedly struggled to obtain loans from French banks despite representing millions of French citizens. Le Pen was forced to seek financing outside France in previous elections, and Jordan Bardella has again complained about the difficulty of securing French bank financing for 2027. Each institution can offer its own explanation, but voters are not blind when they see the same political movement confronting obstacles from the courts, banks, bureaucracy, media, and traditional parties simultaneously.

This is why the latest poll matters. The old strategy is losing its effectiveness. For decades, the French establishment relied upon the Republican Front, whereby parties that despised each other would nevertheless unite in the second round to prevent National Rally from winning. That worked spectacularly in 2002 when Jacques Chirac defeated Jean-Marie Le Pen with more than 82% of the vote. By 2017, Marine Le Pen had increased the family’s runoff vote to nearly 34%. Five years later she reached 41.5%, and now polling suggests the barrier that once made a National Rally presidency virtually impossible is continuing to erode.

The establishment should ask WHY instead of trying to devise another method to stop the candidate. People throughout Europe are rejecting governments that demand endless sacrifices for Brussels while ignoring problems at home. They have watched uncontrolled immigration transform communities, Net Zero policies drive up energy costs, sovereign debt expand, taxes increase, and billions flow into foreign wars while governments insist there is no money for their own citizens. Then the same political class lectures voters that choosing anyone who challenges this arrangement represents a threat to democracy.

That has been the mistake throughout Europe. The establishment treats nationalist politicians as the cause when they are merely the political manifestation of a much broader collapse in confidence. You can investigate a politician, construct a firewall around a party, deny financing, or prevent coalition participation, but none of those measures addresses why voters abandoned the establishment in the first place.

France could become the decisive test because a nationalist victory there would have consequences far beyond French domestic politics. Brussels can isolate smaller states when they resist EU policy, but it cannot treat France as some troublesome peripheral member. If France begins demanding the restoration of national sovereignty, challenging centralized immigration policy, opposing further EU federalization, and refusing to blindly follow Brussels on foreign affairs, the entire political balance of the European Union changes.

Nationalism has already returned as a major political force, and France is demonstrating that the trend is continuing. The establishment can attempt to stop individual politicians, but it cannot indefinitely stop millions of people from demanding the return of sovereignty to the nation-state.

Vietnam: Another Economy Rising in Real Time

Vietnam Economy Outlook 2026: Growth and Investment Trends - uSafe Certified Public Accountants

I wrote only a few months ago that the Vietnamese were feeling their economy grow in real time. Now the numbers are becoming even stronger. Vietnam’s economy expanded 8.39% year-over-year during the second quarter of 2026, while GDP for the entire first half increased 8.18%, accelerating from 7.63% during the same period last year. This is not merely growth on paper. Industry is expanding, factories are producing more, exports are surging, foreign capital is pouring into the country, and infrastructure is being built around an economy that is rapidly becoming one of the major manufacturing centers of Asia.

Look beneath the GDP number and you can see where this growth is coming from. Industry and construction expanded 10.51% during the second quarter. Manufacturing grew 10.23% during the first half, while construction increased 9.51%. Vietnam’s Industrial Production Index rose 10.8% during the first six months, compared with 8.7% a year earlier. By June alone, industrial production was running 12.7% above the previous year. These are the numbers of an economy actually producing something.

Capital is following that production. Foreign investment commitments reached $34.65 billion through June, an astonishing 61% increase from the previous year, while actual disbursed foreign direct investment reached $13.03 billion, up 11.2%. Total investment throughout the economy increased 12.9%, and gross capital formation rose 15.2%. This is precisely what I have explained about international capital flows. Money does not remain permanently in London, Frankfurt, New York, Tokyo, or Beijing. It migrates wherever it sees opportunity, production, and the potential for a greater return.

Vietnam is benefiting tremendously from the reorganization of global manufacturing. Corporations do not necessarily need to abandon China entirely. They are diversifying production because concentrating an entire supply chain inside one geopolitical jurisdiction has become increasingly dangerous. Vietnam has emerged as one of the primary beneficiaries of that shift. Samsung has invested billions there, Apple suppliers have expanded production, and electronics, machinery, apparel, semiconductor, and technology companies continue building capacity throughout the country. Vietnam is now attempting to move even further up the value chain by attracting investment in semiconductors, artificial intelligence, and 5G rather than remaining merely a source of inexpensive labor.

Trade illustrates the scale of this transformation. Vietnamese goods exports reached $266.5 billion during the first half of the year, an increase of 21%. Exports of goods and services rose more than 20%, while the United States alone purchased $86.5 billion of Vietnamese goods. Imports surged even faster because Vietnam is bringing in machinery, components, energy, and intermediate goods needed by its expanding industrial base. China remains its largest import market, supplying $115.2 billion during the first half. This is why the simplistic Western argument that Vietnam must somehow replace China completely misses how economies actually develop. Vietnam can grow alongside China while becoming another critical manufacturing center in Asia.

The growth is also spreading beyond factories. Wholesale and retail trade expanded 9.67%, transportation and storage grew 10.18%, and financial, banking, and insurance activities increased 7.97%. Retail sales during the first half reached nearly 3.9 quadrillion dong, rising 12.9% in nominal terms and 7.3% after adjusting for prices. International arrivals reached 12.3 million, up nearly 15%, while freight volumes increased more than 13%. When production expands, transportation expands. When wages and employment improve, consumption expands. That is how economic growth begins feeding through an entire economy.

Compare that with what is happening across much of Europe. Governments there are borrowing enormous sums merely to maintain existing systems while businesses face high energy costs, taxation, regulation, aging populations, and geopolitical uncertainty. They are trying to redistribute wealth while simultaneously destroying the conditions necessary to create it. Vietnam is still building factories, ports, roads, airports, industrial parks, logistics networks, and productive capacity.

That does not mean Vietnam is immune from problems. Its rapid expansion is creating inflationary pressures, and its trade deficit has widened sharply as imports surge. By July, exports were up 21.7% for the year, but imports had risen 34.8%, producing a $20.5 billion trade deficit. Higher fuel costs are adding additional pressure, and Vietnam remains vulnerable to changes in US trade policy because America has become such an important destination for its exports. These are genuine risks that cannot simply be ignored.

Yet even July’s figures show that the underlying economy remains exceptionally strong. Industrial production increased 14.5% year-over-year, retail sales rose 14.5%, and foreign direct investment inflows increased 11.8% to $15.2 billion during the first seven months. Vietnam is not merely maintaining growth. It is still attracting capital while expanding production at double-digit rates.

This is the same broader transformation we are witnessing in India and Mexico. The global economy is not moving uniformly upward or downward. The economic center of gravity itself is changing. Some countries are burdened by mature welfare states, impossible sovereign debts, deteriorating demographics, and governments increasingly hostile toward private enterprise. Others are still moving through the productive phase of development where infrastructure, manufacturing, capital investment, and rising household incomes reinforce one another.

That is why I described this as growth people can feel in real time. You do not need some economist in Washington to tell you the economy is expanding when a factory opens down the road, a new highway appears, wages rise, airports expand, and your children have opportunities that did not exist for your generation. Confidence rises because people can physically see progress taking place around them.

Vietnam is becoming another example of what happens when productive capital is permitted to build rather than merely being taxed to sustain yesterday’s promises. The numbers are now confirming what the Vietnamese people have already been watching around them. Their economy is rising in real time.

Sanctions Undermining the US Economy Long Term

Sanctions Chains

I have warned, but nobody seems to listen, that war NEVER unfolds when everyone is fat and happy. This stupid decision of imposing sanctions under the theory that they will punish the people and cause them to rise up and overthrow their governments fails to ever work. Sanctions were imposed on Cuba in 1960 and are still there.

This stupid theory of imposing sanctions assumes that economic pain will logically lead to political change. However, in reality, this often backfires. Instead of turning against their leaders, targeted populations (like in North Korea, Cuba, or Iran) often rally around the flag, viewing the sanctions as an external attack on their sovereignty. The sanctions imposed on Russia I found in a conversation with a Russian I was asked: “Why does the West hate us so much?” These sanctions are not causing the Russian people to rise as they do in theory only.

So, while the theory behind U.S. sanctions is to coerce, deter, and promote values, the outcome is frequently a form of containment, simply making it very expensive and difficult for a rival nation to operate globally, rather than actually forcing a regime change or policy reversal. This leads to creating permanent enemies.

Dollar Beat Up

Sanctions have become a permanent feature of U.S. foreign policy less because they perfectly achieve their goals, and more because they are a powerful, low-risk tool for expressing U.S. power in a multipolar world. However, this is entirely back by the fact that the dollar is the reserve currency and that the US is the largest economy. But imposing sanctions also reduces US economic growth the same as the current Tariff war.

Dethrone Dollar

Removing Russia from the SWIFT System and threats against China if they to not comply with US Neocon demands, has led to China creating s competing CHIPS system and the abuse of using the dollar as a weapon is actually setting the stage for the eventual decline of the dollar system.  These Neocons understand nothing about economics.

China vs US CHPS vs SWIFT

This is why our computer is projecting that China will Become the New Financial Capital of the World displacing the United States. If these stupid Neocon remove everyone from SWIFT who they do not like, guess what, the US becomes isolated and the dollar will no longer be the reserve because these morons have used it as a weapon.

China on the Rise Report - Hard Copy
We published that forecast back in 2018 and targeted 2027 as a critical turning point. We will update this for the 2026 WEC. The Export-Import Bank of China has a loan balance of over 2 trillion RMB dedicated to Belt and Road Initiative (BRI) countries, covering more than 130 nations . China has become the world’s largest bilateral official creditor.

The issuance of “panda bonds” in China’s financial market is a key mechanism for providing credit. Besides Egypt, other issuers include the African Export-Import Bank and the Brazilian company Suzano.

Dollar into Yuan

Shift to RMB lending is unfolding on a global scale and the Neocons are too stupid to look at economics. They were probably bullying kids in the school yard skipping economics altogether. There is a trend where China is encouraging, and in some cases requiring, borrowing countries to take on loans in RMB rather than USD. This helps protect borrowers from some currency risks but also creates new ones if their own currency weakens against the RMB.

China restructured Kenya’s loans which has prompted interest from other nations, including Ethiopia, Mozambique, Zambia, Pakistan, and Indonesia, who are reportedly considering similar restructuring to convert their USD debt to RMB debt.

China restructured Kenya’s loans primarily by converting three major railway loans from U.S. dollars to Chinese yuan, but combined this currency switch with traditional debt relief measures that provided the bulk of the financial benefit. The Restructuring Agreement was laid out:

  1. The restructuring applied to three loans from the China Exim Bank, totaling about $3.5 billion, which financed the construction of Kenya’s Standard Gauge Railway (SGR). The agreement involved:
  2. Currency Conversion: Switching the loans from U.S. dollars to Chinese yuan.
  3. Interest Rate Margin Removal: Waiving the original margins of 3% and 3.6% on two variable-rate loans.
  4. Extended Grace Period and Maturity: Adding new grace periods and extending the repayment terms.

China understands the game and they are leaving behind a bunch of Neocons who always impose sanctions, threaten to remove nations from the SWIFT system, and cannot see past their own nose that the world is moving away from these idiots who have used the dollar as a weapon in an international war that they are losing.

Zelensky is Determined to Create World War III Threatens Commercial Airlines

 

There is no resolution to the war between Ukraine and Russia. Zelensky is now threatening all commercial airlines that they should isolate and shut down Russia completely. He is begging Russia to attack so he can drag in NATO and the United States. I have warned that we MUST exit NATO ASAP. Zelensky is doing the same as Netanyahu trying to drag the United States into his war to totally destroy Russia and complete the ethnic cleansing that Ukraine did under Hitler, which was why the CIA protect them because they were killing Russians.

Zelensky_Pursue_Nuclear_Weapons_2 23 22

On February 23rd, 2022, to make sure that Putin would cross the border, Zelensky stood up and declared that Ukraine would seek nuclear weapons. That violated every agreement ever signed between the West and Russia. It was also intended to force Putin to invade. Indeed, that night Putin addressed the nation noting that Ukraine was going to arm itself with nuclear weapons. He took the bait and invaded the next day.

 

 

Putin NEVER intended to conquer Ukraine. That is the West’s Neocon Propaganda and any news outlet that reports that is FAKE NEWS they get from the Neocons. It is standard that you take out the power, communication, and then water if you want to bring a country to its knees. This is what Zelensky is doing to Russia most likely on orders from NATO. That is the criticism from the hardliners – he should have wiped out Ukraine’s ability to function. Even the military has blamed Putin for tying their hands behind their back. They have routinely said they could have ended the war much faster if they were allowed to have waged an outright war. Even the Russian military expert, Dr. Konstantin Sivkov, has come out blaming the politicians (Putin) for interfering with the military.

Zelensky Did not warn people Washington Post 8 19 22

Even the pro-Ukraine Washington Post, which can’t wait to start World War III to sell more papers, reported that Zelensky knew when Russia would invade and did not warn his people because of money. “If we had communicated that … then I would have been losing $7 billion a month since last October, and at the moment when the Russians did attack, they would have taken us in three days,” Zelensky said. They always want civilians to die so they can blame the other side and get support. That is an old trick and we see that with Hammas against Israel.

 

Stepan Bandera monument in Lviv

Ukraine’s National Hero, Stepan Bandera, engaged in outright Genocide. To support Ukraine we might as well build a monument celebrating Adolf Hitler. They both exterminated Jews. However, the historical record clearly shows that under Bandera’s leadership, the Organization of Ukrainian Nationalists (OUN-B) and the Ukrainian Insurgent Army (UPA) were responsible for the mass killing of hundreds of thousands of civilians that may have even exceed into the millions.

Massacre of Poles (Volhynia and Eastern Galicia) is a genocide Ukraine has refused to apologize for. The most documented atrocity linked to Bandera’s movement is the ethnic cleansing of Poles in the Volhynia and Eastern Galicia regions of Ukraine during World War II. The death toll estimates from various sources are consistently put the death toll at up to 150,000 Poles were slaughtered by the UPA and OUN-B. The Polish parliament has officially recognized this event as a genocide committed by Ukrainian nationalists.

Violence Against Jews: The OUN-B’s ideology, influenced by fascism and racism, included anti-Jewish policies, and its members participated in acts of violence against Jews. Documents from the time show the OUN-B advocated for the isolation, removal, and destruction of Jewish people. While a separate death toll for Jewish victims is not specified in the search results, the OUN was involved in pogroms and other anti-Jewish actions during the war.

Bandera in Marchbandera_torch parade

Zelensky explicitly hailing Stepan Bandera as a “national hero” you might as well say that of Adolf Hitler. However, the evidence shows that the Ukrainian government, under Zelensky’s leadership, has taken several official actions that honor and glorify Bandera’s movement, which has been interpreted as a form of endorsement. They marched in 2014 celebrating their revolution with Bandera’s photo.

Bandera Kiev 2 10 14

The Ukrainian Revolution celebrated Bandera and that started immediate killing of Russians in the Donbas. Because they were killing Russians, the Western Press turned a blind eye.

May 2 2014 Odessa Trade Unions House

In May 2014, the Ukrainians began to attack Russians on the street, beating them and killing them. They wanted all Russians dead, and the Western Press was perfectly fine with that ethnic cleansing.  The hatred in Ukraine of non-Ukrainians goes back to the ethnic cleansing they engaged in when they were Nazis. They hate Russians, along with all other minorities they hate and do not trust. Make no mistake about it: if Russia loses, the Ukrainians will massacre all Russians in the Donbas territory, and the Western Press will never report anything. The West ignores the fact that the Ukrainians carried out a massacre of ethnic Russians who lived in Odessa as soon as their 2014 Revolution, and that is what started this entire civil war that the Western Press will not address because they want World War III to sell advertising.

 

In June 2026, Zelensky signed a decree to name a Special Operations Forces unit the “Heroes of the Ukrainian Insurgent Army (UPA).” The UPA was the armed wing of Stepan Bandera’s faction of the Organization of Ukrainian Nationalists (OUN-B).

Ukraine genoice jew nazi

The NY Times exposed how the Ukrainian Nazis were exterminating Jews. Here they photographed shooting a Jewish family in Miropol, Ukraine, in 1941. They did not shoot the small children. That would be a waste of a bullet. They threw the children into the pits and buried them alive with their dead mother. These are the people the EU, NATO, Neocons, and Zelensky, who now claims he is Jewish, are defending. We have chosen the wrong side and are now supporting the very acts of Adolf Hitler.

 

French Soldier Kiev War Crimes

Reports from mercenaries who believe the propaganda that Russia was the evil wearing the black hat and Ukraine was the one with the white hat, volunteered to help. Many have returned horrified at the war crimes being carried out by Ukrainians.

 

Indepentent Neo Nazis

Many Ukrainians are still Neo-Nazis and hate Russians. They still march with images of the ethnic cleanser Bandara who had Polish, Russians, and Jewish pregnant women cut open, removed their babies, and sewn in live cats. This has all been documented.

If you did your research, the extent of the cruelty of the Ukrainian Nazis even shocked the German Nazis. They would cut out a baby of a pregnant woman, and so in a live cat but when there were no more cats, they put in pieces of glass. They killed countless people from Poland and the Russians, as well as Jews.

They do not teach what the Ukrainian Nazis did in Ukraine because it was too horrible. One report stated:

“Some Ukrainian educators believe the Holocaust is not an appropriate topic for
teaching because in a Holocaust course a professor would need to let Ukrainian
students know that some Jews were betrayed to the Nazis by Ukrainian neighbors. In
addition, the OUN and UPA took part in the annihilation of Jews in western Ukraine,
and this knowledge can shock young Ukrainians. ” id/pg 205

The Ukrainians were unprecedented in their war crimes during WWII and the sheer outright cruelty one would expect only exists in some B-Rated horror movies. This included:

  • Running children through with stakes
  • Cutting a person’s throat and pulling their tongue out through the hole
  • Sawing a person’s torso in half with a carpenter’s saw
  • Cutting open the belly of a woman in an advanced stage of pregnancy, removing the fetus, and replacing it with a live cat, before sewing up her abdomen.
  • Cutting open a pregnant women’s abdomen and pouring in broken glass
  • Nailing a small child to a door

 

 

Zelensky, I believe, is a war criminal and should be dragged out of there in chains and put on trial. Further, I believe he was a Neo-Nazi who pretended to be Christian and had his children baptized. He joked about confiscating assets from the people the Neo-Nazis hate – Jews and Russians.

 

Here is Zelensky calling for nuclear war.

 

 

Here is Zelensky calling for Americans to be sent to kill Russians.

Merkel_Minsk_Buy_Time_to Prepare for wart

Europe has deliberately set this all up for World War III because the dream of the EU is falling apart. Since then, Merkel in response to asking why she is not telling Ukraine to comply with the Minsk Agreement has let the cat out of the bag – it was all fake. She admitted, now confirmed by all other world leaders there in Europe, that the West NEVER intended to honor that agreement. They played Putin for a fool. It was carried out only to buy time for Ukraine to raise an army. That has now put the world on notice that conducting any kind of a peace agreement with the US and Europe, forget it. They will never comply! Merkel has confirmed to the world that our Western leaders wanted war, intended to create war, and the end goal was to destroy Russia.

Khruschev

As I have said, two Russian leaders came from the Donbas. Khrushchev was born there on the border even rebuilt Kiev after the war and sent the missiles into Cuba. Brezhnev was also born in the Donbas and Stalin was from Georgia. So was the Cold War not because of Russians but Ukrainians?

We MUST Sever All Relations with Ukraine

Or This Madman will Drag the USA into World War III With Russia

He is Trying to Ensure Russia Responds & NATO Declares War

North Korea & China Join Russia for else

They Know They Would Be Next

Say Goodbye to Your Future – This Time You Are on Hitler’s Side

Ukraine_Hryvnia Y Array 6 16 24 Flatlining

The Computer warns Ukraine Will Not Survive

Chemical Weapons

Market Talk – September 1, 2026

Market Talk 2017

ASIA:
The major Asian stock markets had a negative day today:
• NIKKEI 225 decreased 96.59 points or -0.15% to 66,215.34
• Shanghai decreased 6.41 points or -0.16% to 3,979.888
• Hang Seng decreased 237.26 points or -0.93% to 25,329.73
• ASX 200 decreased 9.30 points or -0.10% to 9,066.70
• SENSEX decreased 12.99 points or -0.02% to 76,944.28
• Nifty50 decreased 24.60 points or -0.10% to 24,055.80
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.002 or -0.28% to 0.71467
• NZDUSD decreased 0.00245 or -0.41% to 0.58905
• USDJPY increased 0.499 or 0.31% to 160.238
• USDCNY increased 0.00451 or 0.07% to 6.72242
The above data was collected around 13:51 EST.
Precious Metals:
•  Gold decreased 99.42 USD/t oz. or -2.24% to 4,341.72
•  Silver decreased 1.934 USD/t. oz. or -2.91% to 64.586
The above data was collected around 13:53 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
•  CAC 40 decreased 32.65 points or -0.39% to 8,301.85
•  FTSE 100 decreased 34.98 points or -0.32% to 10,789.28
•  DAX 30 decreased 288.00 points or -1.10% to 25,970.11
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.00302 or -0.26% to 1.15874
• GBPUSD decreased 0.00373 or -0.28% to 1.35116
• USDCHF increased 0.00392 or 0.48% to 0.81228
The above data was collected around 14:15 EST.

AMERICAS:

US Markets:

  • DJIA declined by 419.02 points (0.79%) to 52,766.88
  • S&P 500 declined by 54.67 points (0.71%) to 7,631.47
  • NASDAQ declined by 271.12 points (1.03%) to 26,099.774
  • Russell 2000 declined by 36.32 points (1.23%) to 2,920.132

Canada:

  • TSX Composite declined by 444.75 points (1.23%) to 35,825.73
  • TSX 60 declined by 20.95 points (0.98%) to 2,107.77

Brazil:

  • Bovespa advanced by 2,258 points (1.27%) to 179,676.78
ENERGY:
The oil markets had a mixed day today:
•  Crude Oil increased 4.265 USD/BBL or 4.97% to 90.025
•  Brent increased 3.975 USD/BBL or 4.39% to 94.466
•  Natural gas decreased 0.0291 USD/MMBtu or -0.99% to 2.9059
•  Gasoline increased 0.0581 USD/GAL 1.89% to 3.1351
•  Heating oil increased 0.2543 USD/GAL or 5.77% to 4.6649
The above data was collected around 14:18 EST.
•  Top commodity gainers: Heating Oil (5.77%), Crude Oil (4.97%), Brent (4.39%) and Orange Juice (5.58%)
•  Top commodity losers: Palladium (-4.24%), Cocoa (-3.81%), Silver (-2.91%) and Gold (-2.24%)
The above data was collected around 14:25 EST.
BONDS:
Japan 2.9960% (+4.87bp), US 2’s 4.40% (+0.042%), US 10’s 4.7920% (+3.6bps); US 30’s 5.26 (+0.019%), Bunds 3.3693% (+4.55bp), France 4.206% (+2.79bp), Italy 4.2020% (+3.66bp), Turkey 34.480% (+264bp), Greece 4.0190% (+2.64bp), Portugal 3.6940% (+0.14bp); Spain 3.827% (+5.3bp) and UK Gilts 5.2533% (+11.02bp)
The above data was collected around 14:28 EST.

PRIVATE BLOG – Sorting Out October 5th Target – Russia, Russia, Russia!

PRIVATE BLOG

PRIVATE BLOG – Sorting Out October 5th Target – Russia, Russia, Russia!


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The Treasury Is Now Supporting Its Own Debt Market

Why rising US Treasury bond yields are a big deal | Vox

The US Treasury has doubled the size of its buyback operations for longer-term government securities from $2 billion to at least $4 billion per operation after long-term yields surged to levels not seen in nearly two decades. They will call this “liquidity support” because government always invents a new phrase when the system begins to crack. The reality is that investors were selling long-term government debt, yields were approaching 5.34%, and the Treasury stepped in because the bond market was becoming dangerous for everything from mortgages to equities.

The Treasury market is now approximately $32 trillion, and Washington must continuously sell new securities to repay maturing debt, finance the deficit, and fund a government that has no intention of reducing spending. The Treasury launched these buybacks in May 2024 to repurchase older and less liquid bonds using cash or proceeds from new auctions. In plain English, it is issuing new debt while buying back old debt to keep the market functioning.

A bond market does not require “liquidity support” when buyers are confident in the issuer. Investors willingly purchase the debt, yields remain orderly, and government does not need to rearrange the market to prevent older securities from becoming illiquid. The problem emerges when the supply of debt overwhelms genuine demand and investors begin demanding higher yields to compensate for inflation, political dysfunction, and the risk that they will be repaid with money worth considerably less.

Washington cannot tolerate long-term yields rising freely because the entire economy has been constructed around government debt. Treasury yields provide the benchmark for mortgages, corporate loans, consumer credit, pensions, insurance portfolios, and the valuation of nearly every financial asset. When the 30-year yield rises, mortgage rates climb, real estate weakens, corporate refinancing becomes more expensive, and the federal government must devote even more revenue to interest. Rising rates expose the insolvency that decades of cheap money concealed.

The market’s reaction revealed precisely what investors thought of this intervention. The dollar index fell 0.84%, gold surged more than 4% to $4,508.64, Bitcoin rose more than 6%, and Ether gained over 10%. The Treasury succeeded in pushing long-term yields lower, but capital immediately fled toward alternatives to government currency and debt. That is not a vote of confidence. It is the market recognizing that Washington will defend the bond market at the expense of the currency if forced to choose.

War is now pouring gasoline on this fiscal disaster. Energy prices are rising amid the Iran conflict, shipping through the Strait of Hormuz remains impaired, and governments are expanding military spending while inflation refuses to die. The Federal Reserve cannot easily suppress interest rates when war is increasing the cost of energy, transportation, food, and production. Yet if it permits rates to rise with inflation, the cost of servicing government debt becomes unbearable. This is the trap: inflate and destroy the currency, or defend the currency and expose the insolvency of the state.

Japan is also flashing a warning to the world as its benchmark 10-year yield approaches 3%, the highest in three decades. For years, artificially low Japanese rates encouraged capital to flow abroad and purchase foreign assets, including government bonds. As yields rise in Japan, that capital has less incentive to finance Washington or Europe. Governments are all increasing their borrowing at the same time, but the pool of willing long-term buyers is not unlimited.

The Treasury’s buybacks may calm the market temporarily, but they cannot repair the fiscal structure. Washington is attempting to solve a debt problem by managing the debt more aggressively while continuing to create additional debt. Every intervention merely buys time and increases the eventual cost because politicians interpret temporary stability as permission to continue spending.

This is how the Sovereign Debt Crisis begins. There is no dramatic announcement from the White House admitting that the system has failed. Officials speak of liquidity, market functioning, resilience, and temporary operations while quietly expanding intervention behind the scenes. The Treasury has begun supporting the market for its own obligations because it cannot permit investors to price US government debt without supervision. Once government must protect its debt from the market, the question is no longer whether there is a problem. The question becomes how long they can conceal it.