Posted Mar 30, 2020 by Martin Armstrong
COMMENT: Hey, Martin.
Thanks for your models and the key insights. My wife, who is an ER nurse, came across this article recently. She read about 90% out loud to me as she believes, based upon her medical knowledge and overall disgust with the hysteria around COVID-19, that this post gives some great perspective on the virus and its economic impact. It’s worth a read, and perhaps a repost to your blog:
REPLY: This entire affair has become a war against Trump. It is no longer about the virus nor is it about what is best for the country. A recent piece in the New York Times talked about Liberty University’s spring break would be over and its president, Jerry Falwell Jr., spoke with the physician who runs Liberty’s student health service. Dr, Eppes replied: “We’ve lost the ability to corral this thing.” He did not urge Falwell to close the school. “I just am not going to be so presumptuous as to say, ‘This is what you should do and this is what you shouldn’t do.’”
The New York Time then reports that Mr. Falwell is a “staunch ally of President Trump and an influential voice in the evangelical world.” When anyone disagrees with the panic they are being deliberately mocked. The media is in full swing to take down Trump. Anyone who dares to disagree with their position to shut down the world economy is being blocked as Twitter has done with the President of Brazil who was urging people to return to work.
This is becoming an all out coup. Freedom of speech is suppressed and anyone who dares to disagree with the left is isolated, hated, and mocked. The world these people are creating will be very dark indeed. They are encouraging civil war at every turn. People cannot be locked down. Already people are starting to rob stores, break-in and looting food in Italy, and we are just getting started.
In England, you are only allowed outside your house once. Neighbors are encouraged to report on each other exactly as they did behind the Berlin Wall. One of our readers who lives in a wealthy suburb of London reports that a neighbor’s house where they are not there has been looted three times. The police finally arrive two days after the third time and said bad luck.
What the press is doing to society this time around just to defeat Trump and right is not only casting us into a new age of totalitarianism, but we are not coming out of this in any possible way where it will be a return to business as usual. The press is aiding and abetting the overthrow of democracy all to desperately change the balance of power.
Many people didn’t like the forecast that China would supplant the United States as the next financial capital of the world. Some emails were outright nasty. I do not think it takes that much imagination to see why Socrates will be correct. The West is committing economic suicide. Asia is returning to normal as quickly as possible. We are engulfed in the collapse of socialism and governments conspiring to eliminate paper currencies, seize all assets including cryptocurrencies, and force everyone into their digital currencies to ensure 100% control of our financial lives.