Join Us at the World Economic Conference in Orlando, Florida! Nov. 17-19, 2023
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:
- Event Admission: Enjoy reserved seating assigned based on the order of ticket sales, ensuring you have a prime view of every presentation.
- Presentation Slides: Gain access to the presentation slides from all speakers, allowing you to delve deeper into the topics discussed.
- 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.
- 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.
- Bonus Conference Materials: Get a package of bonus conference-related materials, including exclusive bonus reports and videos (as provided by Martin Armstrong).
- Morning Information Sessions: Don’t miss out on important morning information sessions, screened on-site in the meeting room on Saturday and Sunday.
- 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.
- Culinary Delights: Savor delicious breakfast and lunch on Saturday and Sunday, prepared to keep you energized throughout the day.
- Cocktail Reception: Kick off the conference in style at our Friday evening cocktail reception. Meet and mingle with fellow attendees while enjoying refreshing drinks.
- 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"
"THE PLOT TO SEIZE RUSSIA - THE UNTOLD HISTORY"
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.
Europe’s Welfare State at Risk
Biden Gifts $4.7 Billion to Ukraine
Former CDC Director Claims COVID Originated in the USA
Former CDC director Robert Redfield, an outspoken critic of Antony Fauci, believes COVID-19 had sinister origins. We know the NIH was funding gain-of-function research under Fauci at a lab in Wuhan, China. However, Redfield believes the virus leaked from a domestic lab located at the University of North Carolina.
Redfield believes Dr. Ralph Baric was the mastermind behind the creation of the virus. Baric was among the first to alert government officials that SARS-CoV-2 was rapidly spreading. In January 2020, Baric told the government “had three months” before they would be faced with a deadly pandemic. He has spent his life studying coronaviruses, studying animal models to rest the efficacy of new treatments. Baric helped to develop remdesivir months before March 2020, and the FDA authorized its usage in May of that year.
The Biden Administration funded a study that claimed the origins of COVID-19 were not manmade. The virus somehow passed from human to animal and no individual or institution was responsible. As they told us from the beginning, Chinese peasants in Wuhan contracted the virus from consuming diseased bat meat. But skepticism remained. Then the narrative changed that there may have been an unintentional leak from the Wuhan lab and reports emerged that workers in the lab fell ill with the virus as early as 2019.
Theories about Baric’s role in creating the virus have been circulating for years. Senator Rand Paul has been adamant in finding those responsible for the “lab leak” and he questioned Baric’s role in front of US Congress. “For years, Dr. Ralph Baric, a virologist in the U.S., has been collaborating with Dr. Shi Zhengli of the Wuhan Virology Institute, sharing his discoveries about how to create super-viruses,” Paul said on May 11, 2021. “This gain-of-function research has been funded by the NIH [National Institutes of Health].”
Baric himself did not deny the possibility of a lab leak, however, he insisted it originated in China where they have fewer restrictions on studying live viruses. Yet, he does not deny studying mRNA vaccines on mice at his lab in North Carolina and working closely with the Wuhan lab that he so frequently criticizes.
Redfield has consistently said that the COVID-19 virus was engineered. ‘I think he [Dr. Baric] probably helped create some of the original viral lines, but I can’t prove that. But he was very involved,” the former director said. Although he would not go as far as to say that the US framed China for leaking the virus, he said its original purpose was to be developed as a biodefense program and the US played a “substantial” role in its creation.
Under the incoming Trump Administration, Senator Paul and Robert F. Kennedy will certainly hold the NIH, USAID and the Department of Defense responsible for the pandemic. The world deserves to finally learn the truth behind the origins of the global pandemic that changed the course of history.
Will Ukraine Split?
How to Deal with the RINOs
This is a special report that goes into the Constitutional authority that would actually allow Trump to dismiss both the Senate and the House and recall them. Naturally, the left would call him a dictator, but that is the express power that the Founding Fathers included in the Constitution. This would be shocking, no doubt, for it is a Presidential Power that nobody has yet used in our history. This report addresses the Recess Power as well and that Trump is by no means the only president who has had to fight against the establishment and the Deep State, which has always existed even in ancient times. This report also addresses the future prospects for the Trump Administration over the next 4 years. This is entirely based on the AI computer forecasts – not my personal opinion, so this is non-partisan and objective.
We are pricing this report for everyone because this is simply about the fate of the world.
Downloadable $9.95
Consumers Pay Tariffs
Donald Trump believes tariffs could offset taxes, but tariffs will be a tax in itself to the American consumer. Trump is proposing to raise taxes from 60% to 100% on Chinese goods. He would also like to implement a universal tariff from 10% to 20% on all international imports. Ultimately, the consumer will end up paying the bill to offset these increase.
“If we get tariffs, we will pass those tariff costs back to the consumer,” AutoZone CEO Philip Daniele said, adding that the company will protect itself by raising prices before the tariffs take effect. Countless companies have come out to say that they will absolutely pass on the added cost to their consumers. It is not as simple as moving manufacturing out of China or to America.
“If we look back historically when tariffs were enacted seven years ago, it did result in higher prices for customers,” Walmart CFO John David Rainey said. “We’re concerned that significantly increased tariffs could lead to increased costs for our customers at a time when they are still feeling the remnants of inflation.”
Lowe’s expressed similar concerns. “Roughly 40% of our cost of goods sold are sourced outside of the US, and that includes both direct imports and national brands through our vendor partners,” said CFO Brandon Sink. “And as we look at potential impact, certainly would add product costs, but timing and details remain uncertain at this point.”
The National Retail Federation (NRF) conducted a study that revealed Trump’s proposed tariffs could cost US consumers between $46 billion and $78 billion annually, with the average household paying between $362 to $624 more on goods per year. The NRF called these proposed tariffs a “tax on all Americans,” and noted that lower-income Americans, who often purchase cheaper goods produced in China, will be disproportionately affected. The federation believes apparel costs will rise from $13.9 billion to $24 billion, footwear will rise to $10.7 billion from $6.4 billion, travel goods will increase to $3.9 billion from $2.2 billion, furniture will average $13.1 billion more compared to the current $8.5 billion, and household appliances will increase to $10.9 billion from $6.4 billion.
“A tariff is a tax paid by the U.S. importer, not a foreign country or the exporter. This tax ultimately comes out of consumers’ pockets through higher prices,” Jonathan Gold, NRF VP of Supply Chain and Customs Policy, stated.
Trump believes that these tariffs will bring manufacturing back to America and force companies to hire American. While the US desperately needs to boost its manufacturing sector, these tariffs are simply not the solution. Companies may seek to reduce their own reliance on US goods. China in particular will retaliate and they do so with precision as we have seen with their previous targets on agriculture products that the US relies on like pork and soybeans.
Imposing high tariffs can disrupt global supply chains and negatively impact international trade relationships. I disagree with the mercantilism approach that focuses on maximizing exports while minimizing the need for imports through tariffs and other barriers. Not only is US manufacturing not set up for this model at this time, but it is also absolutely counterproductive to global trade. Not to mention that China’s middle class is set to outpace America’s. They have a far larger population and America may no longer be the primary country that other nations line up to sell to.
Tariffs never promote peace. Rome lasted over 1,000 years because it had FREE TRADE. Rome was not corrupt everyone benefitted. As long as the PEOPLE are trading back and forth, they provide check and balance against government to create peace.
Simplify the Tax Code
The incoming Department of Government Efficiency (DOGE) under Elon Musk and Vivek Ramaswamy is tackling a serious problem – the complex tax code. Donald Trump has also expressed a keen interest on simplifying the process and fixing our “broken tax code.”
The Internal Revenue Service was multiplied and armed with weapons under Biden-Harris. The administration desperately needed funding for its continuous spending and aid packages, and the American people were an easy target. One can hope that the incoming Trump Administration will help to dismantle the IRS that creates criminals out of everyday citizens who spend weeks if not months trying to determine how much they owe. The government doesn’t seem to know how much they need to extort from citizens, but rest assured, they will hunt you down if you under or overpay.
The code is deliberately confusing. “In 1955, there were less than 1.5 million words in the U.S. Tax Code. Today, there are more than 16 million words. Because of this complexity, Americans collectively spend 6.5 billion hours preparing and filing their taxes each year. This must be simplified,” DOGE wrote on its new X account.
DOGE has proposed creating an app for Americans to pay their taxes. That is all good and well but until the code is drastically simplified, I do not see how filing on your phone could streamline the process. Still, TurboTax shares fell 5.1% after the rumors broke as did H&R Block by 8.2%.
I sent Congress an extensive proposal on tax reform in 1996, which you may read here.
Taxation is indeed a much broader issue than merely federal. State and local governments have been raising taxes at an unseen pace. The cost of government as measured by total revenues as a percent of the total of GDP is a key factor in determining our quality of life, and as we have seen, our quality of life has been drastically reduced as government spending rises. The people cannot possibly be expected to foot this endless bill. The Founding Fathers of the United States specifically prohibited direct taxation, such as any form of an income tax.
One of the primary things is that the tax rate should be cast in stone and it should not change for every election. No one, on a personal level, would go sign a lease on an apartment where the lease said the landlord can change your rent at any time he wants if he spent too much money for himself. . A contract is a contract and you’re not going to have stability until you have something set in stone. A lot of countries have attracted capital by doing precisely this. If you go there and set up a plant, they guarantee not to increase taxes for 20, 30, 40 years. If you’re going to do a business plan then you need to know what your costs are. It can’t be maybe $1 mill this year and next year it’s 25% more. Business plans don’t work like that. The politicians need to just cast it in stone and that’s it; take it off the table. Stop the rhetoric. They’re not going to create jobs without that. Why should anyone build a plant in the U.S. if the government can change everything in 6 months? That’s not the way to build an economy.
Every government that has adopted a form of direct taxation has always, and without exception, evolved with intrusive regulation that has ultimately led to a loss of freedom and liberty. To pursue liberty, the very basic requirement demands that economic freedom is paramount.
Justice for Laken Riley
Charges have finally been brought against Jose Ibarra, the illegal migrant from Venezuela who brutally murdered nursing student Laken Riley. The court found Ibarra GUILTY on 10 charges, including murder, rape, aggravated assault with intent to rape, and kidnapping. This is not enough. Laken Riley and her family deserve justice.
Jose Antonio Ibarra entered the US through the El Paso, Texas, border passing that Texas Governor Abbott has attempted to secure with endless pushback from the Biden-Harris Administration. Democrat lawmakers and the media initially did everything to conceal the identity of her murderer. Biden refused to say “Laken Riley” publicly but did correct himself for calling her murderer an “illegal.” Initial reports of her murder did not include the assailant’s identity or migration status.
There was surveillance video footage of the brutal attack, but it was omitted from initial reports. Numerous media outlets described Antonio as an “Athens resident.” The Associated Press had the audacity to release a devious article entitled: “The killing of a nursing student out for a run highlights the fears of solo female athletes,” suggesting that women “can try to say safer while exercising.” So not only did the media censor all stories pertaining to Laken’s case, but they went as far as to blame the victim.
Ibarra’s brother is in the violent Venezuelan gang Tren de Aragua. He testified against his own brother once the courts revealed that DNA was found under Riley’s fingernails – she fought as hard as she could for 17 minutes until the coward took her life.
There is nothing that citizens can do to remain safe when illegal, unvetted aliens have more rights than law-abiding citizens.
A reminder that Ibarra was arrested by the New York Police Department a year before he came to America in 2023, where he was “charged with acting in a manner to injure a child less than 17 and a motor vehicle license violation.” As is the case with countless stories of migrant crime, he faced no repercussions. Although Ibarra crossed into the US from the unsecured Texas border on September 8, 2022, he made his way to Georgia thanks to Biden’s policy of taxpayer-funded free flights for illegal migrants. This criminal flew from JFK Airport in New York to Atlanta, Ga., a year after arriving in the US.
“What happened to Laken Riley is a gut-wrenching tragedy, and we are hopeful her suspected killer is held accountable to the fullest extent of the law,” a New York City Hall representative said. “Mayor Adams has been abundantly clear that we need to fix our broken immigration system. Cities should never have had to carry the cost and burden of this national humanitarian crisis.”
Life imprisonment is not enough when this exact scenario could happen again. Laken Riley’s father is calling for reform. “I stand before you, a heartbroken man,” he said via the New York Post. “Part of my purpose has been taken. God gave me a beautiful daughter to father, protect, provide for and nurture. A man with an evil heart stole her life. He was in this country and in this state illegally. My vision for every senator in this chamber is that you protect citizens from this illegal invasion,” he added. “Please recognize over a million illegal aliens are in this state and making families nervous.”
The Biden Administration and every proponent of OPEN BORDERS must be held accountable for the untold crimes migrants have carried out against the people of this nation. Trump’s plan to file an executive order for mass deportation is of the utmost importance for NATIONAL SECURITY. Article IV, Section 4 of the Constitution states that the United States “shall protect each of them [the states] against Invasion.” What happens when the sitting president and state legislators actively ENCOURAGE the invasion of America? “Technically, they shouldn’t be here,” was the only condolence Biden could muster. OPEN BORDERS ARE OPEN TREASON!
Zelensky Responds to His Use of Long-Range Missiles
Zelensky, when asked about his actions leading to World War III, switches from English to Ukrainian and claims that since North Korea sent troops into Russia, this makes it World War III. But all the West behind Ukraine does not. He also glosses over the fact that he has invaded Russia and that the North Korean troops are defending Russia – they did not invade Ukraine.
He sold Ukraine for a handful of silver. In August 2024, Ukrainian forces invaded the Kursk region of Russia in what some war analysts predicted was another cross-border raid against Moscow. However, within days, it became very clear that the Ukrainian Armed Forces had intended to stay in Russia. This begged the question: Why did Ukraine decide to invade Russia? On whose orders was this operation carried out? Zelensky with no military experience, or the American Neocons?
Ukrainian officials were initially very cagey about their reasoning, which made it seem that this was an operation directed by Antony Blinken from the White House. Zelensky was put on the spot to explain this operation. He said Ukraine decided to invade Russia, hinting that the reason behind his choice to invade Russian territory was quite contorted. He said:
“It is now our primary task in defensive operations overall to destroy as much Russian war potential as possible and conduct maximum counter-offensive actions.” He continued: “This includes creating a buffer zone on the aggressor’s territory — our operation in the Kursk Oblast.”
Zelensky went on to explain that the “coming weeks will be crucial for our diplomatic efforts with various partners in Europe, America, and the Global South,” suggesting he was taking orders from the West.
“We’ve already expanded and will continue to expand the circle of those who support a just end to this war. It’s essential that Ukraine enters this fall even stronger than before.”
Whether or not the decision to invade Russian territory was the right choice for Ukraine or was it just a move to try to force Putin the attack anything in NATO remains to be seen. This only emboldened Russia’s allies, as we have seen with North Korea sending troops and weapons. The allies of Russia are of the opinion that this is a war against the West – not just Ukraine. While some originally thought those would boost Ukraine’s future negotiating position by bringing the war home to Russia, that theory has been discredited now with the green light with long-range missiles from the USA, the UK, and France. This has merely put Putin in a position where he must now respond forcefully. In response to these new strikes with US and British long-range missiles, Russian Foreign Minister Sergei Lavrov said that they had entered “a qualitatively new phase” of what he termed the “Western war against Russia.”
Any idea that this was somehow to create peace is just absurd. Trump had vowed to end the war, so the Neocons had the senile one approve it, and the Ukrainian puppet responded with an immediate attack. As far as defending inside Ukraine, Zelensky has banded that for this operation into Russia. On October 25th, The Washington Post reported that Russia had taken back roughly half of the territory captured by Ukraine in Kursk, and it had expanded its rescue for the Ukrainian Russians living in the Donbas.
Market Talk – November 20, 2024
US Market Closings:
- Dow advanced 139.53 points or 0.32% to 43,408.47
- S&P 500 advanced 0.13 of a point or unchanged at 5.917.11
- Nasdaq declined 21.33 points or -0.11% to 18,966.14
- Russell 2000 advanced 0.81 of a point or 0.03% to 2,325.53
Canada Market Closings:
- TSX Composite advanced 25.69 points or 0.1% to 25,036.46
- TSX 60 advanced 0.54 of a point or 0.04% to 1,499.74
Brazil Market Closing:
- Bovespa advanced 429.06 points or 0.34% to 128,197.25