| | | 2023 is going to be the Year from Hell -
Martin Armstong - Private blog
This is a forecast I have no desire to make. But 2023 is going to be the Year from Hell. I cannot stress strongly enough that our model is targeting 2023 for the beginning of serious geopolitical events. However, when we look at the Array on the Dow, it shows that volatility would rise from 2022 and build into 2032. I should mention that the Economic Confidence Model (ECM) is separate and it is NOT included in this array. When the Array and the ECM both target 2032, this is EXTREMELY important.
This is aligning with our THIRD model which is the Capital Flow Model. This is implying that we are looking at a large capital flow influx into the United States and that aligns with our Geopolitical Models of both civil unrest and international war.
Into September 2022 may be marked by a bounce in the US share market but this is being driven by a rise in uncertainty in Europe which has engulfed itself in two serious trends - (1) rise in inflation will be worse as the Euro declines, and (2) the increase in tension with the proxy war against Russia. There are farmer protests to civil uprisings in Italy. Europe is politically a mess and gasoline in the EU is about $10 a gallon. Never in the history of human society have I ever witnessed the worst possible crop of world leaders. Even the head of Hungary said that the sanctions against Russia have shot Europe in the lung. They have created serious inflation and this will lead to further political unrest into 2023. All Putin needs to do is cut off the energy flow to Europe this winter and watch the European governments fall from internal unrest.
Ukraine’s military reported that its forces had withdrawn from Lysychansk in Luhansk province. The President from Hell, Zelenskyy, acknowledged the withdrawal but said the fight for the city was still raging on its outskirts. Zelenskyy has no problem ordering his countrymen to die for land. The Donbas is historically occupied by Russians and two of Russia's leaders came from there - Nikita S. Khrushchev (1894-1971) who was removed in 1964 after causing the Cuban Missile Crisis in 1962 and being nuts, and Leonid I. Brezhnev (1906-1982). Yet Zelenskyy says this is now Ukraine. They would massacre all Russians who live there if he won.
 
We have a Panic Cycle beginning at the end of August and a key turning point shaping up for the first week of September. We must keep in mind that a bounce here in the Dow implies not lower interest rates or better economic numbers domestically. Instead, they are warning about Europe.
We may see a bounce to retest the mid 33000 level. But it will take a Weekly Closing above the 33215 level to imply a rally is possible up to the 34800 area. Overall, the IDEAL pattern would be still for a low in early 2023 and then a rally to new highs thereafter on the back of capital flows and the absolute stupidity of world leaders trying to wipe Russia off the face of the earth because they will not surrender their sovereignty to the West for this Great Reset and one-world government - the cream of deranged George Soros and Klaus Schwab.
A high into September can still lead to a retest of the lows into early 2023. The Fed is still trapped in old theories and everyone and Larry Summers will blame the Fed for not neutralizing inflation ad they spend like crazy, wage wars, and shut down fossil fuels. Raising interest rates will NOT stop this insane inflation deliberately set in motion by these stupid climate change zealots.
China & Japan Dumping US Bonds - Prelude to War?
TUESDAY, 19 JULY 2022 BY: MARTIN ARMSTRONG
Both Japan and China sold off holdings of U.S. Treasuries during May reaching multi-year lows, according to the data published by the U.S. Treasury Department. Japan's holdings fell to $1.212 trillion, which is the lowest since January 2020. China's holdings of U.S. government debt dropped to just under the trillion mark reaching $980.8 billion in May. This is the lowest level since May 2010 when its holdings were at $843.7 billion.
This is not yet reflecting the potential for war. People have been asking is this a confirmation that China is expecting a war? Not yet. With the dollar high, this is normal to take a profit. We are not yet breaking the lows of the 2007-2009 Financial Crisis. It is, nonetheless, something to keep an eye on. Continued selling by China in the last two quarters of 2022 CONTRARY to Japan would be a warning that China is expecting war in 2023 and that does not necessarily mean between the US and China.
Our braindead world leaders need war in hopes of creating a global debt default and a new Bretton Woods. They selected Joe Biden for President knowing that his mental abilities are seriously diminished and he is so old-school he simply does what he is told. They needed a weak president to push this into war so that the United Nations can emerge as the new one-world government.
These people are insane. I do not think they believe in God. They think this is all random and as such the future is theirs to construct. This was the same atheistic view of Karl Marx. I do not understand why such people always want to change the entire world and think they have the capacity to even comprehend how it functions.
Nevertheless, they think they can keep any war conventional and judge others by themselves. This is not going to end nicely for China and Russia will defend their own integrity and sovereignty.
The Chaos of the Global Economy
MONDAY, 18 JULY 2022 BY: MARTIN ARMSTRONG
We are staring into the eyes of a global economic contraction into 2023. There is no question that the sanctions against Russia are undermining the world economy and is particularly dealing a major blow to the EU which is simultaneously trying to enforce this Great Reset - climate change. They are creating a food and energy crisis in Europe and now even the Spanis farmers are coming out in support of the Dutch. This is indeed the summer of discontent.
China's GDP figures for the second quarter have shown a very sober view of the future. The economy is holding on for now avoiding a contraction. The covid-induced lockdowns, have seriously harmed economic growth and undermined the confidence in China. This will make it very hard for the economy to expand.
The latest analysis of how the shock of rising energy prices, and the global heatwave which is impacting food for 2023, shows that we should also expect wild swings in a climate similar to the 1930s where we move from extreme heat to extreme cold - highly volatility like a market in panic mode.
The prospects of war continue to expand. These politicians think they can actually wage war against Russia, win, and keep it conventional. All of this to hide the collapse of socialism for they have reached the end of the road in continuing to borrow endlessly... |
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