00:00.  We've got to basically tell the truth to everybody so that they wake up and look at what's going on out there because I've never seen the mainstream media lie so much.

The dramatic impact of the Trump approach to trade with the Tariff threat let me just start with some simple questions is it going to be effective?

00:25.  No I mean look 25% tariff is more of a political ploy for negotiation what he did to China with the 10% that's more of an economic tariff.

00:40.  Is there any history of governments being able to control and is more complicated than ever as you were alluding to much earlier more complicated than ever more variables than ever has anybody ever succeeded because they keep trying to sell that to the public.

00:54.  No, it never works, even once.  The FED didn't raise rates today.  Why?  Because now the Fed has realized If they raise rates, it doesn't stop inflation.  Why?  Because then the government expenditures go up anyhow the central banks have been neutered basically all the theories that they had from the Great Depression none of them work anymore but they can't say this publicly because it's a confidence game.

01:35.  I keep getting feedback, and I feel this personally there are so many things going on it's hard to keep track of them.  And some of them with contrary impacts whether we're talking about the stock market, gold, currencies, overall economic growth, etc.  And when that happens, I always find it a huge privilege and benefit to be able to talk with Martin Armstrong.  He's the originator of the Socrates model over 40 years ago when people hadn't heard the word artificial intelligence.  But it's a model that in the past has predicted things specifically like the fall of the Berlin Wall to the date, and so many other things.  . . . so many other things with a record of accuracy that comes out of his model, and I'll just reiterate that Marty always says "Hey, this is the work of my model.  No individual could process as many variables as we are feeding it."  It's been beneficial to his subscribers of Socrates and ArmstrongEconomics.com.  We've benefited . . . .

02:51.  So many things sitting in, so I'm going to start with Canadians and Mexicans, and other points of view.  The dramatic impact of the Trump approach to trade with the tariff threat.  Is it going to be effective?

03:03.  No, a 25% tariff is more of a political play for negotiation.  What he did to China, the 10%, that's more of an economic tariff.  You're not going to fund the government with tariffs; you're just not going to do it.  But Trump is acting based upon the old theories that we were taught in school back when.  They don't work but every government still uses them, central banks.  But, no I don't see the tariffs working.  The idea that the US used to be funded by tariffs during the 19th century is historically correct, but that was also before socialism.  

⚡HERE WE GO! Check out my BLOCKBUSTER episode with @NakedHedgie, @TFL1728, and @StrongEconomics where we reveal Zelensky and Europe's plans to RESTART WW3! (Premiering at 2pm ET) https://t.co/r7SLb9IAXd

— CapitalCosm (@CapitalCosm) March 4, 2025

The meeting was supposed to be in Ukraine just to sign the papers.  At Zelensky's request, they moved it to the White House.  This can be confirmed by Marco Rubio.  

04:34.  Whenever government is in trouble, they just point to an external enemy, and Putin is that enemy.  Honestly, the solution for Ukraine was the same solution for Yugoslavia: it broke up according to ethnic lines.  The Minsk agreement was supposed to be allowing the Don boss to vote for separation.  Zelensky has outlawed their language, their religion, . . . if you did that in Canada, if you said you can no longer speak French, I think you're going to see a civil war there too.  You don't do this kind of stuff I think this is all theater and was part of the agenda that they just need War.  The economy is falling; the German economy has shrunk by at least 3%, maybe as high as 5%.  You put people out of business first with the COVID-19, and then the climate change, and then the sanctions on Russia.  Just look at a chart of the GDP of Germany; it's appalling, and that is supposed to be the economic cornerstone of Europe. Economically, it's not doing very well.

06:10.  The entire meeting was an hour long. It didn't really devolve into a flame war until the last 20 minutes. It seemed to have been kicked off by JD Vance. Was JD in on it?  Was he in on it with Zelensky, or was that a tinder box waiting to explode regardless?

06:26.  They knew what this was about.  It wasn't necessary for him to come to the White House; it was all supposed to be done in Kiev.  So they knew this was a setup, and that's why usually if there's going to be some sort of a meeting.  They don't always let the cameras in; maybe afterwards for a photo.  They set up the cameras for the whole thing.  They wanted this, okay.  Fine, this is what you want to do, and that's why Vance said, "You're trying to argue in front of the American people."  They knew what this was about.  We had two employees in Ukraine, one in Kiev and one in Donas.  They're both in Berlin now.  Over 8 million people have fled the country, and none of the Ukrainians that I know even want to go back.  It's a real disaster.  Zelensky won't have an election largely because he knows he would lose if there was actually a free election.  He ran on peace.  Just look it up.  He promised peace.  The death toll when he went in was only 13,000; now, it's over 1.1 million, and he has the audacity to say he doesn't want a ceasefire?  He doesn't give two s**** about the people that are there; it's as simple as that, really.  The first obligation of any government is to avoid war.  You don't want to see your people slaughtered.  Something's just not right with him.

17:44.  The week before this, all I had was phone calls constantly.  Most of our institutions in Europe now see this coming.  They are moving capital out.  This is why all the gold is leaving London and Switzerland.  Get it the hell out, because once the capital, as Tom has said, . . . I've learned over the years, back in the 80s was the first time I came in contact with it, when a bank in Lebanon found a ledger and they wrote down the Lebanese pound every day, asked me if I could create a model.  I did, and what came out said the country was going to fall apart in eight days.  I thought there was something wrong with the data.  I told him I said I don't know if something's wrong, got to be wrong, and very calmly he asked, "Well, what currency would you recommend?"  I said, "Well, it says the Swiss franc," and 8 days later, the Civil War began.  And so then I realized, with other people as well, he didn't come to me for the forecast; he came to me for the timing.  

MARTIN ARMSTRONG: They needed to nullify the election in Romania because they were building the largest NATO airbase in Europe. They intend to attack Russia and take back Crimea and the entire region.

The EU looks at you as irrelevant in their quest to take Russia’s $75 trillion worth of natural resources, which is twice the US National Debt. Then Europe will rise to reestablish what was the old Roman Empire, and the upstart USA will be reduced to a subservient position.  --Martin Armstrong

Thank you to Martin Armstrong's article, "The Truth Behind Romania," Armstrong Economics, March 4, 2025.

QUESTION: I read your post on Romania. Why have the EU and US interfered in the Romanian election? Is it just because they would be anti-EU? But then why was the US involved? What am I missing? 

Map of Romania.  Note the proximity to Ukraine. 

ANSWER: It’s all about Russia, Russia, Russia. They needed to nullify the election in Romania because they were building the largest NATO airbase in Europe. They intend to attack Russia and take back Crimea and the entire region. They want to take all the warm water ports, shut down Russia, and drive it into bankruptcy.

from the Defense Post, "Construction on Europe’s largest NATO military base has begun in southeast Romania, expanding the 57th Air Base at the Mihail Kogălniceanu Airport."

Everything they do is to create World War III. They are no different than Zelensky, who is not interested in peace. He is a NeoNazi who pretended to be Christian, just like George Soros, and only said he was Jewish after he became President so nobody would look at his background, making jokes about confiscating assets from Jews and Russians. 

Robert MacNamara was the Neocon who took us into Vietnam. He said they thought Russia was involved. He apologized and said it was just a civil war. It has been nothing by Russia, Russia, Russia for decades. They did not care that communism collapsed, and the Russian people did not want to conquer Europe. NATO has no purpose if there is peace with Russia. They need to promote war constantly, and they instruct the leaders not to dare speak with Putin. That ensures there will never be peace.

Thus, Romania is a strategic pawn in this chess game with Russia. They do not care about the Romanian people whatsoever. How dare they select someone who wants to take Romania out of NATO and the EU! 

Here is the forecast from 2022 for the Romanian share market. Note that the turning point was 2025. I feel very bad for the Romanian people. The EU looks at you as irrelevant in their quest to take Russia’s $75 trillion worth of natural resources, which is twice the US National Debt. Then Europe will rise to reestablish what was the old Roman Empire, and the upstart USA will be reduced to a subservient position.

ARMSTRONG: NATO is telling every [European] leader they can conquer Russia without nukes and without the United States.

Secretary of State Marco Rubio and National Security Adviser Mike Waltz informed Zelensky that Trump and Vice President JD Vance no longer wished to continue the meeting. They kicked Zelensky out of the White House, and rightly so.  --Martin Armstrong

Thank you to Martin Armstrong @ Armstrong Economics for his piece, "The End of U.S./European Relations," February 28, 2025.

Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, is one of the bloodthirsty politicians who hates Russians and cares nothing about her people, just like Zelensky, for she too does not want peace. But worse still, this is all wrapped up in the LEFT, fearing they are losing power with their crazy WOKE agenda moving ever closer to, "You will own nothing and be happy. "  All the EU governments are LEFTIST, and all have generated Trump even when he was running for president. They oppose everything he does and have their agenda, from climate change to raping Russia.

The EU has shown nothing but contempt for any democratic process. Kaja Kallas did not stand for election for this position. Not a single EU commissioner stands for any election. History warns that when you prevent the people from changing leaders, that is a dictatorship, and the solution then becomes revolution. The audacity to say that if the German people voted for AfD, they would simply nullify the election as they did in Romania demonstrates that we are walking down a very narrow path. Our computer warns that the EU will indeed not exist post-2030.

One nuke and her country of Estonia is gone. Nuclear weapons were supposed to be a deterrent to war. Today, nuclear weapons are no longer a threat. They think that they can invade Russia, and Putin will not push the button, fall to his knees, and surrender to be hanged as they plunder Russia. Putin was wrong. The NeoNazis are not just in Ukraine. They have taken over Europe to its destruction as they did before.

NATO is telling every leader they can conquer Russia without nukes and without the United States. This is the backdrop to what Trump said about the EU,

Let’s be honest, the European Union was formed in order to screw the United States. That’s the purpose of it, and they’ve done a good job of it. 

Trump will now most likely impose 25% tariffs on the entire EU. We are finishing a report on the European  Economy, and it does NOT look very good.

The Neocon Coup of Europe, Martin Armstrong, February 2025.

The European [Union] Community was funded secretly by the CIA. The declassified documents now clearly show this is NOT some conspiracy theory. This was another Neocon venture squandering American taxpayer money without Congressional understanding, no less approval. I have detailed this in this special report.

After today’s folly, where Zelensky thought he could get on US TV and turn America against Trump to send American money and “sons and daughters” to die for Ukraine, he had another thing coming. He has no intention of seeking peace, for he now assumes he has endless backing from Europe, so the money will keep flowing.

Secretary of State Marco Rubio and National Security Adviser Mike Waltz informed Zelensky that Trump and Vice President JD Vance no longer wished to continue the meeting. They kicked Zelensky out of the White House, and rightly so. President Trump made a statement. Following the meeting, Trump said Zelensky is NOT yet ready for peace with Russia. Indeed, Europe is ready to send its boys to die for Zelensky. Trump said on Truth Social:

I have determined that President Zelenskyy is not ready for Peace if America is involved because he feels our involvement gives him a big advantage in negotiations.

I don’t want advantage; I want PEACE. He disrespected the United States of America in its cherished Oval Office. He can come back when he is ready for Peace.

Trump will most likely retaliate with a 25% tariff on the EU, including Britain, which is now eager to rejoin the EU as they have plans to conquer Russia and carve up the $75 trillion in natural resources. I have even heard some say that when they do this, Europe will be the dominant power, and the US will be sidelined to be a subservient colony, as they should have been. I do not know what these leaders are smoking, but it is clearly causing Hallucinations of past glory. Perhaps the dream of Ergodan resurrecting the Ottoman Empire and Isreal for the Greater State has also infected the EU. Everyone is on the delusional kick of reestablishing old empires.

This is the backdrop to what is going on. To our European readers, you better get off your ass and demand an end to this war. The Neocon’s playbook is rule #1: prevent all communications with your opponent to prevent peace negotiations. This is what they had Biden do. Europe is doing this, so Zelenskyy has also refused to negotiate peace.

In Quest of Peace, Ronald Reagan and Mikhail S. Gorbachev, 1990.

I was in DC and can tell you that when Gorbachev indicated change was coming, Reagan wanted to talk. They told Reagan that you can never trust a Russian. They tried to prevent him from even talking to Gorbachev. This is their #1 Rule, and Europe is following this rule, and that ensures war even as soon as May.

MARTIN ARMSTRONG: Europe Turning Its Back on USA to Start World War III

warning about war . . . has projected a Panic Cycle in the Euro for 2026. Smart money is moving out of Europe, and that even amounts to the gold supply in London moving to New York, strangely as it did for World Wars I and II. This old hatred of Russia and their thirst to conquer it for its wealth linger and seem unrelenting.  --Martin Armstrong

Thank you Martin Armstrong for the video.

Vance's speech at the Munich Security Conference in Berlin fantastically defended American principles to the face of Europe.  

Vance gave a scathing critique of Europe's build-up to war in the Ukraine.  JW Williams explains,

Vance gave a speech calling out Europe and the UK for violations of free speech and prosecuting thought crimes. He also condemned the threat of annulling elections if voters go against the agenda, following the recent annulment of Romania’s election. He said that the most pressing matter is mass migration and he. pointed out that one in five people living in Germany is a foreign migrant.

Excellent job, Vance.  And though Vance acknowledged shared values with Europe, he also affirmed his anti-Ukraine war position by indicating that the US would be siding with Russia.  

Williams continues, 

Vance spoke about shared values between Europe and the US, and characterized the US as a democracy, however, the United States was created as a Constitutional Republic intended to protect individual rights, which many Americans have forgotten. –JW WIlliams

EUROPE'S RESPONSE? 

Zanny Minton Beddoes, Editor-in-chief at the Economist, felt the betrayal.  She began her rant,

Well, the world changed yesterday.” The anti-Americanism is percolating to a boil.

She continued: “Ukraine’s future, European security and transatlantic relations were all thrown into the air by a torrent of announcements and attacks from the new administration.” 

Armstrong summarizes,  

This refusal by Europe to seek peace has given new meaning to our computer, which has been warning about war and has projected a Panic Cycle in the Euro for 2026. Smart money is moving out of Europe, and that even amounts to the gold supply in London moving to New York, strangely as it did for World Wars I and II. This old hatred of Russia and their thirst to conquer it for its wealth linger and seem unrelenting. 

I cannot express the conversations I have had, and it certainly appears that the entrenched anti-democratic political establishment denies the European people even to vote for who is the head of Europe or any of these people making decisions that are all pointing to war.  Kaja Kallas, who is now the Vice-President of the European Commission and the High Representative of the European Union for Foreign Affairs and Security Policy, is NOT elected by the European people yet has pronounced that any peace deal Trump hammer out with Putin will be ignored by the EU. Does anyone ask the European people if they want to go to war with Russia and risk their way of life, all for a territorial grab by Ukraine? 

Armstrong continues, 

Zanny Minton Beddoes continued,

J.D. Vance, used his Munich address to deliver a blistering critique of European democracy, excoriating what he saw as unwarranted constraints on free speech, the failure to address mass migration and misguided attempts to marginalise populist parties. In effect, he backed the far-right Alternative for Deutschland, a week before the German election. I was sitting in the hall watching him speak, and the shock was astonishing. “Putin could have given that speech,” someone near me pointed out.”

She added,

this “Trump quake may be the catalyst Europe needs to take greater responsibility for its own security. That security requires a credibly defended and Westward-focused Ukraine. And it means much more investment in defence. Even in Munich everyone understood spending needed to rise a lot, and fast. “We got the message,” said Germany’s president, Frank-Walter Steinmeier.”

When FDR went to Boston and wanted to send troops to Europe, the people said no way! In Boston, they said that he expected the Irish to go defend the English after what they did to Ireland. Congress rejected a Declaration of War. It took FDR scheming to provoke Japan to attack Pearl Harbor, and that was the only way to get the US involved in World War II. I fear now that the Neocons control Europe and the European press, they will start this war and then try to invoke Article 5 to force Trump in, but if he stands his ground, I will not put it beyond them to try to assassinate Trump and even Vance to fulfill their dream of World War III.

Martin Armstrong adds, 

Vance’s speech at the Munich Security Conference called Europe out for what it is. It is now out in the open that they rigged the Romanian elections and dare to claim they will do the same if the AfD wins. What is taking place from sources in Germany is that the AfD is now seen as not some conspiracy theory but legitimate after Vance’s speech. Looking closely, you will see that Vance did not receive any respect. You will see the military leaders there, and nobody applauded. They want war. My sources in Germany say that commentators are already saying that F the USA and Europe now have to send in troops to Ukraine, and other sources are stating that there is serious consideration of forming a European army for war with Russia. Zelensky is on the edge of his dream to invade and destroy every Russian on the face of the earth. Our May 15th target may involve this breach with the USA, and Europe is already saying they will not follow whatever Trump does. 

From JW Williams,

On February 13, 2025, a 24-year-old Afghan migrant was arrested for driving a car into a labor demonstration in Munich, Germany. The attack happened the day before JD Vance gave his speech at the  the Munich Security Conference, an annual gathering of international foreign and security policy officials. 

MARTIN ARMSTRONG: More than 50% of the people in federal prison are innocent. The guilty go free because they know the game.

Thank you to Martin Armstrong's "How to Survive MKULTRA."

Let me explain something. MKUltra is currently used in prisons. This is the “hole” at MCC in New York City. When I heard Epstein was put in this place, I wrote it was only a question if he would commit suicide BEFORE or AFTER a plea. Oh yes. He hung himself, had no bunkie, was on suicide watch, guards fell asleep, and the cameras didn’t work. A perfect storm. My own lawyers warned me to be careful; they would try to kill me. How is that for legal advice? I knew Epstein would be dead based on where they put him. I was in the cell across from where he supposedly committed suicide – yeah!

A plea of guilty means NOTHING. You are given the choice of trial and 120 years since you will NEVER get a fair trial in NYC, or you plea and take 5 years. Claiming these January 6th prisoners pled guilty is only because they and their families are threatened. That is our legal SYSTEM. Will Trump investigate? I seriously doubt it. The Deep State controls the country and nobody in DC will challenge them.  So much for We the People.

Why the Innocent Plead Guilty and the Guilty Go Free: And Other Parodies of Our Broken Legal System, Jed S. Rakoff, 2022. 

Judge Rakoff, when he retired, wrote a book on how the government ROUTINELY forces innocent people to plead guilty all the time. I have written that I do not believe in the death penalty as being the worst punishment. That is life imprisonment. Two death row inmates who Biden commuted their sentences just rejected it. I would do the same.  More than 50% of the people in federal prison are innocent. The guilty go free because they know the game. You implicate and bring in as many people as you can and you go home. I met priests in prison who thought they were being kind and wired money to China. He thought to help a family, and the person was a drug dealer who asked him to please help his family. 

A superintendent of an apartment building was given 17 years because drug dealers said he would let them know if the police were entering the building. They tried to give the death penalty to a 26-year-old who, when asked where Joe was, replied he was over there, and they killed him. The prosecutors are the worst people you will ever meet. They wanted the death penalty on that kid just to win one in NYC for once – not the shooters.

To survive these MKUltra tactics, you MUST turn it into a game, like the TV series Survivor. They would throw me in a cell that was so hot that my underwear was too much to wear.  They throw you into a cell that is so cold you see your breath and deny you any clothing but your underwear.  Sleep deprivation is also a favorite. You have to turn it mentally into a survivor game. Ok, I beat that one – what’s next?  They threw me in with the terrorists from the first World Trade Center attack. A Muslim cannot be seen naked. They would come and order you to take off all your clothes and claim the guy is behind them with fresh clothes that never came. No heat. I told the kid to put on the blanket. He said no, they told him it was made of pig hair. I told him they were liars. There is no such thing. It is wool. He finally believed me.  All the time, my family tried to see me, but they told them I was not there.

MARTIN ARMSTRONG: Trump has appointed Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency (DOGE)

Thank you to Martin Armstrong's "Kennedy Exposes the Swamp: Vivek and Musk Appointed to DOGE" which you can find at Armstrong Economics.

Watch on TikTok

DOGE, while an internet meme, also refers to the Department of Government Efficiency., announced on November 12, 2024, but yet to be established.  So Trump and Musk seem to be using this more as a meme, a political optic to give Trump's second administration a more efficient mandate.  

Government corruption is not isolated to Washington. The media, academics, lobbyists, think tanks, pharmaceutical companies, big tech, and perhaps every organization with ties to federal agencies compromises the corrupt system. It is finally time to drain the swamp. 

I often speak on how bankers simply never serve time in prison because they hire the people from the agencies who are supposed to regulate them. Goldman Sachs, for example, may pay a fine but they never send their own to jail. Any fee paid is never even close to the money they actually made, rather, it is just a pay-off. We see the same system throughout every organization or university that government has tarnished. They have become above the law. 

A study entitled, “Lobbyists into Government” (Benjamin C. K. Egerod and Joshua McCrain (2023)) examines what occurs when a lobbyist transitions into a role in government. Lobbyists are trained to influence and persuade government officials to act on behalf of their corporation. Lobbying firms often hire men and women with prior government experience to gain access to their connections. There are no laws preventing these individuals from entering the government, as both sides of the aisle are drenched in corruption. It has become one giant revolving door. As they say, “It’s one big club and you’re not in it.”

Anthony Fauci acted as the director of the National Institutes of Health while also acting as a top funder of bioweapon research at the Wuhan Institute of Virology. Stephen Hahn once served as the FDA commissioner in charge of regulating Moderna, one of the pioneers of the COVID-19 vaccine, and then Hahn went on to work directly for Moderna. Scott Gottlieb played the same move with the FDA and Pfizer, as did Mark McClellan with the FDA and Johnson & Johnson.   

 

 

Kennedy said that the new government would listen to whistleblowers like Edward Snowden, who had been forced into hiding for speaking out against blatant corruption.  Countless individuals have risked their freedom and lives to raise the alarm on the magnitude of government corruption. They have been demonized by the media as conspiracy theorists or even domestic terrorists. 

The swamp has expanded to every corner of the US. Universities and think tanks produce studies to align with their funders’ political interests. We must starve these corrupt actors of government funds. Then, the new administration must examine how extensively this corruption damaged American lives. We allowed bad actors like Fauci to sell us on the idea of a never-ending pandemic blamed on Chinese peasants at a wet market when he was actively funding gain-of-function research. Kennedy, in particular, has a bone to pick with Fauci. 

The Biden Administration focused on multiplying the public sector and expanding government oversight. Trump has appointed Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency (DOGE). “Together, these two wonderful Americans will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies — essential to the ‘Save America’ Movement,” Mr Trump added. 

Elon Musk said he looks forward to draining the swamp in Washington. “All actions of the Department of Government Efficiency will be posted online for maximum transparency. Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know! We will also have a leaderboard for most insanely dumb spending of your tax dollars. This will be both extremely tragic and extremely entertaining,” he posted on X. Vivek posted that they “will not go gently” on corrupt officials. 

In addition to damaging American society and aiding in the demise of our very civilization, this corruption is extremely expensive. Trump noted: “Importantly, we will drive out the massive waste and fraud which exists throughout our annual $6.5 Trillion dollars of Government Spending. They will work together to liberate our economy, and make the U.S. Government accountable to ‘WE THE PEOPLE.'” 

This is one of the main reasons why they attempted to assassinate Trump. The politicians crying that Trump will have them imprisoned know they were acting with ill intent. Our public servants must serve America and American interests. Our food, medicine, education, and every area of life must be free of exploitative practices that only benefit the establishment.  IT IS TIME TO DRAIN THE SWAMP.

Armstrong enters at the 12:22 mark.  

Hurricane Helene was 150 miles offshore from me but it created such a wind in the ocean that waves were just coming in.  So that brought piles and piles of sand in.  It wasn't like a hurricane with wind here, but it was "storm surge."  So that was the first one.  The second one was Milton, and that was more of a wind. 

17:24. Insurance companies I've never personally ever found over my lifespan where they ever pay for anything if they can get out of it they will get out of it insurance companies are to me mostly a scam.

17:50.  Weather control patents have been filed over the past 100 years.  Any chance those hurricanes could have been man-made?

17:53.  Hard to say.  The bad hurricanes of 1848 and 1923 that actually started in the Pacific and crossed Mexico, picked up in the Gulf and came straight into Tampa.  So we don't tend to get them but the local joke is that the Seminole Indians were on the east coast and they got tired of the Hurricanes, so they moved to the West Coast and everybody says that we are protected by the Indian gods.  

18:42. What do you think the economic ramifications are for the areas hit by the hurricanes?

18:45.  Definitely a lot of small stores and things of that nature have been seriously hurt even my local post office I went down there to mail a letter and I looked in there and it's completely wiped out so things of that nature it's hard to say but I will say one thing for our governor, [DeSantis] he is a stand-up type of guy.  Because of the hurricanes and stuff like that, he suspended all tolls.  I mean I had gone up north to Chicago a few years ago and couldn't get back.  And when I got back, I had left my car in the short-term parking lot, I came in and I thought I was going to have a bill for like $1,000 or so.  I gave him the ticket, and they said, "Oh no charge.  The government knows you couldn't get back," and that was it.  DeSantis is actually a stand-up guy.  In New Jersey and New York, they would have doubled it and said "Oh well, we're storing it for you."  

20:13. What are you hearing on the hurricane in North Carolina being a positive for lithium and quartz mining there?

20:20.  Yeah I don't think it impacted the current mines what I've been told from people that are actually there.  But that is a big lithium area, and the only thing I would say is that you had some Teslas and things like that nature.  One guy had parked it in his garage, and they do not like salt water.  These electric cars blow up, and his blew up and burnt down his whole house.  I don't know if you should really have electric cars if you're near the beach.

21:10.  And yet Vancouver is a Tesla capital of North America.  

21:13.  Definitely do not drive it in salt water I'm telling you right now.

21:18.  The Dow again hit new highs this week.  How long does Socrates think this bull market can continue?  And explain for new listeners what Socrates is.  

21:30.  Socrates is actually the only real artificial intelligence computer with more than a 40-year track record.  It writes over a thousand reports on markets around the world all by itself every day.  It shows largely that we're looking at the major resistance on the Dow is just a little bit higher about 45,000.  You have to really exceed that area and this year's high.  Then perhaps if you can make a new high next year, you would be looking at a continued rally into 2026; otherwise, it normally would back off.  But the problem here is if you look at the Dow versus the NASDAQ, for example, you'll see the Dow is leading again.  The Dow made new highs before the NASDAQ can.  Why?  Because when you're about war, and we've got war in the Middle East, Europe, and they're beating the war drums in Asia with Korea and Taiwan, the money tends to come to North America as I've said on your show before.  So the big foreign money goes first into the Dow.  It's like when the Japanese were buying all real estate in the United States in the 1980s, they were buying the trophies, like Rockefeller Center, stuff like that.  They weren't going down Main Street buying $200,000 houses from moms and pops, that's more Black Rock.  So you're still looking at foreign capital coming into North America, and that's just trying to park it here.  You've got Zelenskyy whose victory plan is basically the total destruction of Russia; that's what he's arguing for.  He wants to be entered into NATO immediately, which would then invoke everybody in the world; we'd all have to send troops.  And he wants long-range missiles to attack deep into Russia and wants us to give him all the ammunition to go do this.  I've had employees both in Kyiv and in Donbas, and the two of them would never talk to each other.  The hatred in that region against various ethnic groups is unprecedented.  When Yugoslavia broke up, 1980-1992, what happened was it broke up according to ethnic lines.  That's what Ukraine should have done, allowed its people to separate you know

Russia to conduct missile tests for 10 days 300 miles offshore from San Francisco in international waters.

What Putin does not get is that our wonderful Neocons care nothing about the country, the people, and certainly not the economy.  He keeps warning – is this what you really want? They do not back down and want war so bad they can taste it in their sleep.  --Martin Armstrong

Thanks to Martin Armstrong @ Armstrong Economics.

Putin keeps trying to warn the American Neocons that they are playing with World War III, which will be nuclear. They issued a Notice to Air Missions (NOTAM) that they will be firing missiles in a test just off the coast of northern California coast, thereby alerting pilots of Russian missile launches to LAND / IMPACT in the Oakland Air Route Traffic Control Center ((ARTCC). This will begin tomorrow and continue for 10 days. This is 300 miles offshore in international waters.

What Putin does not get is that our wonderful Neocons care nothing about the country, the people, and certainly not the economy. The Climate Change zealots in the White House agree with them and think reducing the population may be the only way to reach their NET ZERO target for CO2. He keeps warning – is this what you really want? They do not back down and want war so bad they can taste it in their sleep.

The first week of June in a Panic Cycle and the climate change nuts are punching for restrictions on travel this summer and the date is June 6th is what they are shooting for. They want to curtain your summer vacation this year to reduce CO2. If they can throw in war – fantastic! The only question they indeed to ask after World War III – Did we get enough of them to save the planet?