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:

1. Event Admission: Enjoy reserved seating assigned based on the order of ticket sales, ensuring you have a prime view of every presentation.
2. Presentation Slides: Gain access to the presentation slides from all speakers, allowing you to delve deeper into the topics discussed.
3. 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.
4. 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.
5. Bonus Conference Materials: Get a package of bonus conference-related materials, including exclusive bonus reports and videos (as provided by Martin Armstrong).
6. Morning Information Sessions: Don’t miss out on important morning information sessions, screened on-site in the meeting room on Saturday and Sunday.
7. 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.
8. Culinary Delights: Savor delicious breakfast and lunch on Saturday and Sunday, prepared to keep you energized throughout the day.
9. Cocktail Reception: Kick off the conference in style at our Friday evening cocktail reception. Meet and mingle with fellow attendees while enjoying refreshing drinks.
10. 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.

Now available at all major retailers!

The eBook will be available shortly.

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.

Tulsi Gabbard, who is a Democratic American politician, is also a United States Army Reserve officer who was a candidate in the 2020 Presidential Election, Lieutenant Colonel in the
Unit United States Army Civil Affairs and Psychological Operations Command United States Army Reserve. She dares to speak out about the Neocons. Kamala would be just another placeholder. The real question is, since high school, Hillary wanted to be the first woman president. That was the whole ’60s issue of bra-burning and hatred of men. I am not so sure she is willing to sit this one out. She wants to be drafted and play the magnanimous role of doing it to save the country. Already, Kamala is claiming Trump will install a nationwide abortion ban. The Supreme Court has handed that to the States.

In this election, the choice is either World War III or Trump.

Once upon a time, everyone wanted world peace. Today, they want WORLD WAR to get out of their debt crisis.

There will be no pensions that survive – including Social Security

So yes – vote to be able to reduce the population as Bill Gates’ father began the whole abortion issue by placing his Planned Parenthood in minority areas. Brilliant – how they converted racism into women’s rights.

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 464.79 points or -1.16% to 39,599.00
• Shanghai decreased 18.09 points or -0.61% to 2,964.22
• Hang Seng increased 218.20 points or 1.25% to 17,635.88
• ASX 200 decreased 39.90 points or -0.50% to 7,931.70
• KOSPI decreased 31.95 points or -1.14% to 2,763.51
• SENSEX decreased 102.57 points or -0.13% to 80,502.08
• Nifty50 decreased 21.65 points or -0.09% to 24,509.25

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00438 or -0.66% to 0.66407
• NZDUSD decreased 0.00315 or -0.52% to 0.59771
• USDJPY decreased 0.4 or -0.25% to 157.095
• USDCNY increased 0.01185 or 0.16% to 7.29594

The above data was collected around 14:50 EST.

Precious Metals:

•  Gold increased 1.21 USD/t oz. or 0.05% to 2,396.21
•  Silver decreased 0.076 USD/t. oz. or -0.26% to 29.144

The above data was collected around 14:53 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

•  CAC 40 increased 87.50 points or 1.16% to 7,622.02
•  FTSE 100 increased 43.06 points or 0.53% to 8,198.78
• DAX 30 increased 235.14 points or 1.29% to 18,407.07

The major Europe currency markets had a green day today:

• EURUSD increased 0.00084 or 0.08% to 1.08892
• GBPUSD increased 0.00134 or 0.10% to 1.29240
• USDCHF increased 0.00078 or 0.09% to 0.88957

The above data was collected around 14:57 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 127.91 points or 0.32% to 40,415.44
• S&P 500 advanced 59.41 points or 1.08% to 5,564.41
• Nasdaq advanced 280.63 points or 1.58% to 18,007.57
• Russell 2000 advanced 36.3 points or 1.66% to 2,220.65

Canada Market Closings:

• TSX Composite advanced 182.26 points or 0.8% to 22,872.65
• TSX 60 advanced 10.73 points or 0.79% to 1,365.62

Brazil Market Closing:

• Bovespa advanced 336.16 points or 0.26% to 127,952.62

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil decreased 0.229 USD/BBL or -0.29% to 78.412
•  Brent decreased 0.282 USD/BBL or -0.34% to 82.348
•  Natural gas increased 0.1012 USD/MMBtu or 4.76% to 2.2292
•  Gasoline increased 0.0088 USD/GAL or 0.36% to 2.4687
•  Heating oil increased 0.0192 USD/GAL or 0.79% to 2.4381

The above data was collected around 14:59 EST.

•  Top commodity gainers: Natural Gas (4.76%), Cocoa (6.80%), Canola (3.91%) and Oat (2.50%)
•  Top commodity losers: Lead (-1.88%), Aluminum (-1.51%), Platinum (-1.65%) and Sugar (-1.92%)

The above data was collected around 15:05 EST.

BONDS:

Japan 1.0650% (+1.8bp), US 2’s 4.53% (+0.013%), US 10’s 4.265% (+2.3bps); US 30’s 4.48% (+0.031%), Bunds 2.4925% (+2.95bp), France 3.148% (+1.8bp), Italy 3.7640% (-1.5bp), Turkey 28.145% (+187.5bp), Greece 3.438% (-2.3bp), Portugal 3.072% (+0.4bp); Spain 3.253% (+1.95bp) and UK Gilts 4.164% (+3.54bp)

The above data was collected around 15:35 EST.

PRIVATE BLOG – The Winds of War are Blowing

Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.

https://ask-socrates.com/

COMMENT: A friend of mine insisted I read you because you have real experience. I tuned in only so I could argue with my friend. I raise the white flag. You said they would only allow Biden to be on the ticket and nobody else because he would drop out after the RNC event, and they would draft someone for August. You said we do not live in a democracy but a republic, and we are no different than Russia giving 71-year-old ladies prison time for a protest. I guess that is like Russia. You even said they would try to assassinate Trump because he was a threat to their agenda. My friend insisted I post this as my mea culpa, and I had to use those words because you are a Latin enthusiast.

To Jeffrey – I was wrong.

Wil ___________________

REPLY: It is all a facade. You never were given a choice to vote for anyone other than Biden, and the plan all along was that he would step aside, and the backroom brokering would pick their candidate – not you so much for democracy. Your vote has NEVER counted for anything. It is a great hat trick. CNN was in on it. There has NEVER been a debate before the candidates are nominated. There were to be no debates – remember? Then Biden suddenly agreed, and that was to show he was incompetent.

The Democrats ate their own. They do not care about anyone – certainly not you! They trashed Biden all for the Party. He was NEVER in charge. He was just a placeholder, and people like Blinken and Victoria Nuland were in charge of foreign policy.

I can run for Congress and say whatever you want to hear to win. Then I get there, and there is a DAY-ONE meeting. You are then instructed on how Washington works. Whatever you ran for means nothing. The Party then tells you what to vote for. The policies are set in the backroom by UNELECTED party elites. Just look at the votes—most are down party lines. This is all a facade.

Here is a tape from the London FT at Davos when Trump was elected in 2016. Suddenly, “democracy” became evil “populism” – how dare the people vote against the establishment! Populism/Democracy has to be eradicated. All you have heard was they fought to keep Trump off the ballot because they were “DEFENDING DEMOCRACY” by denying independent candidates who will not follow party directives from the backroom.

The World Economic Forum has publicly stated that the US is a threat to their goal of a one-world government, that our nuclear power should be handed to the UN, and that Democracy no longer works and should be discarded. These are not conspiracy theories, and the very mainstream press that calls them conspiracy theories is part of the agenda.

The Neocons were behind the attempt to assassinate Trump. The Neocons have dreamed of this day. They finally get to destroy Russia—their long-life goal. Of course, they cheer when sending your children to die for their dreams.

These people are so evil; they are traitors to everything our nation once stood for.

The Biden Administration wants to do everything to lower prices BESIDES lowering taxes. Joe Biden released a new plan that would cap rental raises at 5% annually. Landlords who have over 50 units in their portfolio would lose their tax credits if they failed to adhere to this proposed law. Yet, property taxes throughout the US increased by 6.9% in 2023 alone.

This does not factor in rising insurance premiums or rising maintenance fees. Taking the data back from before the pandemic, property taxes across the nation have risen by over 25%, steadily increasing about 5.9% each consecutive year since 2019. Now this varies widely by state and city. Charlotte, North Carolina, saw a 31.5% increase in property taxes from 2022 to 2023. Indianapolis experienced a 16.8% yearly increase. Atlanta, Georgia, and Denver, Colorado, both saw tax rates rise over 15%.

The government points to greedy landlords while failing to admit that they are shaking down their citizens and taking advantage of rising property values. The National Apartment Association (NAA), National Multifamily Housing Council, and Mortgage Bankers Association (MBA) issues a letter to the president to explain that rental caps will hurt supply:

“Decades of academic research from across the United States and around the world clearly show that rent caps – more commonly known as rent control – reduce the supply of available housing and fail to target those renters who need help the most while simultaneously harming other residents and the communities they reside in. Despite President Biden’s mention of rent caps during the debate, he and his policy experts know that the real reason so many Americans struggle with housing costs is because we need to build more housing. There is no debate. Rent caps hurt renters and communities.”

Housing demand outweighs the available supply. We see this issue everywhere from Canada to the UK and it has been exacerbated in recent years thanks to populations multiplying with million of incoming migrants. Around 34% of Americans rented as of 2023 (45.2 million) with 53% of renters spending over 30% of their income on rent. The old 30% figure is long outdated and it is all but assumed that most new homeowners are paying this sum due to the cost of financing the debt of a home. If these landlords simply offload their homes into the market, it will not help those who cannot afford to buy. People will not conduct business if it is not profitable and while there are greedy landlords many have been forced to raise rental prices out of necessity.

Look at San Francisco or New York City where they have implemented rent control laws. No one is going to give up a locked-in low rental and this has disproportionately affected the number of available units. Landlords have converted these properties into co-ops and condos to avoid losing out on profits. This also reduces the quality of available rentals. Why would an investor upgrade their property if they could not benefit on those upgrades? Potential investors have no incentive to create new rental units for those who cannot afford to buy because it is no longer lucrative. Supply stagnates in the long-term.

The migrant crisis truly corners every aspect of our economy and has undoubtedly hurt the number of available units. If 45.2 million rented last year and we increased the population with 8 million new migrants, that alone is a surge of over 17.65% now seeking rentals. No, they cannot secure loans or show a credit score or two years of consecutive employment. The government is willing to use taxpayer funds to house them, however, increasing the cost of living for those taxpayers.

You cannot control the free market. No one ever asks, “Has this been done before? If so, did it work?” The answer is NO. Look at Spain, Germany, Austria, or anywhere else that attempted rental caps. We are experiencing an issue of SUPPLY. Rental caps will only work to tighten the already limited supply of rentals available.

Donald Trump has guaranteed to end the war in Ukraine if elected president, vowing to do so before his first day in office. The recent outpouring of support for Donald Trump has led world leaders to consider the possibility of a second Trump presidency. Perhaps no one would dread a second Trump term more than Ukraine’s Volodymyr Zelensky, who Trump has deemed the greatest salesman in history for extorting the west for hundreds of billions while providing nothing in return.

In an interview with the BBC, Zelensky suggested that Donald Trump simply doesn’t understand the war in Ukraine. Zelensky is hoping that Britain can work with its old ally to push America into continued funding. “I don’t think Britain’s position would change,” Zelensky told the BBC. “But I would like for Prime Minister Starmer to become special – speaking about international politics, about defending world security, about the war in Ukraine.”

Sorry, but the nation primarily funding the war holds the power. We would see an America-first policy on Ukraine if Trump were elected as it is simply of no benefit to America or Americans for the war to continue.

Zelensky later complained that the billions worth of fighter jets have not arrived in Ukraine, saying that weakening Russia’s army is the only way to bring them to the negotiating table. “It doesn’t mean that all territories are won back by force. I think the power of diplomacy can help,” the Ukrainian president said, “By putting pressure on Russia, I think it is possible to agree to a diplomatic settlement.” Zelensky also noted that he would not step down from power until the war was over.

Putin offered Ukraine numerous peace deals. As of late, Putin is demanding that NATO prevents Ukraine from becoming a member, and he would like to uphold the original Minsk Agreement. The US controls NATO and could persuade the bloc to act in one way or another with Trump as POTUS. Trump has threatened to withdraw from NATO entirely which would be a massive loss of not just funding but confidence in the overall alliance.

Trump could potentially arrange land redistribution to Russia, land that has historically been Russian. Land that, in the grand scheme of things, would impact absolutely no one living in America or Europe and would have few repercussions for Ukraine aside from pride. How many lives are worth upholding that pride? However, even this part of the agreement could potentially be avoided if Ukraine were prevented from entering NATO AND Russia was not on the hook for reparations. The final peace deal would indeed need to be a truce where both sides back away gracefully. The biggest threat to Russia and world peace is Ukraine’s potential entry into NATO, which would guarantee World War III under Article V.

Putin would likely make a large gesture and sign treaties promising not to continue the war or invade any neighboring nations, despite never having plans to do so. Russia is cornered and needs a way out. A peace treaty will become impossible if allied troops become deeply entrenched in this battle. Hence, the neocons and ramping up their aid to Ukraine before the 2024 US Presidential Election in November. The time for negotiating peace is running out. Something major is slated to occur this September, and I fear it will be a push toward World War III that no incoming president could undo.

Low-income Americans are in such dire straits due to the elevated cost of living that lawmakers are making changes to the tax code. No, naturally, the politicians are not voting to decrease taxes for those who can barely get by. Instead, they’re permitting Americans to pull a mere $1,000 out of their retirement accounts without penalty.

Those withdrawing emergency funds from a 401K will need to explain their hardship to their employer, but employers do not need to approve the withdrawal. The government will tax the $1,000 if it is not paid back within three years and no additional emergency withdrawals may be taken out until the money is paid back in full.

The economy is shifting into a world of haves and have-nots as the middle class diminishes. A January 2024 survey found that 60% of Americans had less than $500 in liquidity, with only 12% possessing over 12%. The debt vortex is unforgiving and all too many Americans have become trapped in a cycle of perpetually servicing new debt, similar to our Federal Reserve.

A Vanguard study found that 3.6% of the 5 million retirement accounts on record made an emergency withdrawal in 2023, moving upward from 2.8% the year prior. Bank of America and Fidelity reported similar findings last year on a quarterly basis. These people may be subjected to a 10% tax due to the early distribution because chances are they will be unlikely to pay back the funds. Credit card debt has reached a historic high in the US among every income level, so this last resort option has become unavoidable for many.

This program is an insult to the American people who contribute to our system with nothing in return. These same people who do not have a mere $1,000 for an emergency are paying into the giant Ponzi scheme that is Social Security with each paycheck. They must pay for Medicare and Medicare even if they will never use the services. They’re likely subject to an income tax depending on their state regardless of income level.  If accounting for a population of 335 million, the average American has paid about $522 in taxes toward Ukraine alone. The US is paying about $1,700 per month per illegal migrant welcomed in by the open border policy.

Then Uncle Sam comes around every April and gives the lowest paid Americans a tax refund check, failing to acknowledge that they preventing those Americans from earning interest on that money that they desperately needed. It is a grand lie that the socialist-leaning politicians care about the working man when their social programs and handouts guarantee tax increases on everyone. It is a shame that those attempting to do right by society and not leaning entirely on government assistance are punished by our tax code.

As expected, Biden has decided he will end his reelection campaign. This is really no surprise; this 81-year-old’s fitness for office and ability to defeat former president Donald Trump has obviously been a failed quest. He simply said: “It has been the greatest honor of my life to serve as your President,” adding, “And while it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term.”

The WOKE Democrats are salivating, for they have a black woman presidential candidate

They can check two boxes!