DANIELLE SMITH: BREAKING: A Presidential permit has been approved for a new bitumen pipeline that will initially deliver more than half a million barrels per day of Alberta oil to facilities and refineries throughout the United States. This project is a joint venture between two great Canadian and US companies South Bow and Bridger using existing assets.

MOAR winning.

Bitumen is high sulfur. Read fertilizer https://t.co/otpyFtzOkg

— Tom Luongo (@TFL1728) May 1, 2026

MARTIN ARMSTRONG: Where the USA accounts for 17.5% of global manufacture, China stands at 27%.

like the US won WWII, we became . . . the manufacturing based to outproduce Germany.  That is what I meant that the shoe is on the other foot.  --Martin Armstrong

PIERRE ASKS: Marty, when I asked you why we would lose in WWIII, you said the shoe is on the other foot this time. You said that you would do a report on that. Is there any update you can give because these people here in charge are in agreement that war is coming. I flew to Philadelphia in 2011 to see you at that WEC. You laid out the war cycle would turn up in 2014 long before anyone even thought of war. There are many people copying you now pretending it is their research who do not have the contacts behind their charts. I should point out, that they put you on French TV not in America. Your own country will not put you on TV because they are beholding to the Neocons. When the Trump Administration came to write a peace plan, they came to you, not these charlatans. It does seem they are working in some conspiracy for war.

MARTIN ARMSTRONG: Yes, I am working on the 2026 War Report and a number of projects including the long awaited ECM book. China is currently the leading manufacturing country, surpassing the United States in production output. As of 2023, China’s manufacturing value-added reached $4.66 trillion, which is more than the combined output of the next three largest manufacturing economies: the United States, Japan, and Germany. Where the USA accounts for 17.5% of global manufacture, China stands at 27%.

In the war simulations that I ran, China will defeat the United States because in an initial confrontation, we can wipe out at least 1/3 of their Navy as they do to ours. However, like the US won WWII, we became . . . the manufacturing based to outproduce Germany.  That is what I meant that the shoe is on the other foot.

The European Union is collapsing. This is why they are up-in-arms about Visa & Mastercard, for they need to control the economy and they are behind closed doors trying to get the UK to rejoin to prop up a failing economic experiment. But they do not care about Europe, or the people. This is only about retaining their power. This is no different from NATO.  It needs war with Russia just to remain relevant or the money stops and they too lose their jobs.

The European Union is collapsing. This is why they are up-in-arms about Visa & Mastercard for they need to control the economy and they are behind closed doors trying to get the UK to rejoin to prop up a failing economic experiment. https://t.co/ypP27LNNdV

— Martin A. Armstrong (@ArmstrongEcon) February 13, 2026

Here is a yearly chart of the Russian ruble. Despite all the press "how Russia is weak," "it is collapsing," etc., sorry, the ruble is rising, not declining. China will come to the aid of Russia because they know they will be next. With a manufacturing base of this vast potential, the shoe is on the other foot this time. But this is about bureaucrats simply trying to hold on to their power. They do not care about you.  

from Statista.  All American Made.

LORD BEBO: Sanctioned products cannot be transported by ships anymore with western insurance and by western shipping companies. Eastern shipping companies take over, like the fleet of Chinese ships that now transport Russian oil.

Target: Lloyd’s of London https://t.co/JfvS0wJ0l9

— Tom Luongo (Head Sneetch) (@TFL1728) October 23, 2025

But what do US-EU-UK sanctions on Russian oil actually do? I’ll explain: 1) Sanctioned products cannot be transported by ships anymore with western insurance and by western shipping companies. 2) Eastern shipping companies take over, like the fleet of Chinese ships that now transport Russian oil. 3) These ships now use another insurance, from China or from Russia. (Which was not existent before, or were not widely used) 4) Now the same amount of oil is transported, but without being insured in England and by BRICS ships. That is what they called “shadow fleet”. -> England lost its shipping insurance monopoly, which is very bad for the UK. Starmer celebrates essentially the handover of a British traditional market to BRICS.

https://t.co/XxpTFzGjDo https://t.co/naExhKVUHu

— Lord Bebo (@MyLordBebo) October 23, 2025