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.
US Homeland Security Rescues 62,000 Unaccompanied Minors from Trafficking
? BOMBSHELL: Border Czar Tom Homan just confirmed they’ve located over 62,000 unaccompanied kids who vanished after Biden’s open border disaster let them in.
Saving the children!
pic.twitter.com/HLWyPW3RtC— Gunther Eagleman™ (@GuntherEagleman) December 7, 2025
Mass migration through open border policies is inhumane. I may often focus on the economic implications, but it is crucial to understand how these policies have destroyed the very people they claim to protect. Thousands of men, women, and children have died in their attempt to reach the West. Unaccompanied minors have gone missing—millions of children lost—most likely becoming victims of human trafficking organizations.
Border czar Tom Homan announced that 62,000 children have been rescued from forced labor and sexual slavery through the Trump Administration’s border control policies. “Over half a million children were smuggled into this country under Joe Biden,” Homan said. “They lost track of 300,000. President Trump committed on day one that we will do everything we can to find every one of these children. We know many of them are in sex trafficking. Many are in forced labor. Many are being abused,” Homan added. “I can’t discuss some of the mistreatment we found out about. President Trump again proved why he’s the greatest president in my lifetime. Over 62,000 children rescued.”
Sadly, this figure is a mass underreporting since the government does not know how many children have gone missing. Under Biden, the Immigration and Customs Enforcement (ICE) released nearly 300,000 notices after detention who were unaccompanied, in a foreign nation alone. Joe Biden, Kamala Harris, and every proponent of open border policies has blood on their hands. Based on this small scaled sample, around a quarter of a million CHILDREN ARE MISSING! No one had been looking for them.
Former HHS Secretary Xavier Becerra became Biden’s scapegoat after he publicly failed to answer questions surrounding missing minors. Their goal was to lower the number of minors in US detention facilities to appease the “kids in cages” crowd who believed vulnerable minors would be better off “free” to roam the US. These children never stood a chance. Some of the children were released to unvetted sponsors with little to no documentation.
The left insists these minors are happily living with relatives and merely hiding from the big bad authorities. In truth, hundreds of thousands of vulnerable children are missing and most will never return home.
Vitrologe – Acid Attacks Against Women Supported by Religious Text
A woman was leaving a church in Savannah, Georgia, when an unknown man poured acid over her body. The woman survived but has second and third-degree burns covering 50% of her body and will be permanently disfigured. At this time, authorities are not labeling this as a hate crime.
Acid attacks have become more commonplace in countries with excessive immigration from Islamic nations. The United Kingdom, for example, has the highest rate of acid attacks across the West, with 1,244 offenses happening since 2022. Why is this happening?
The answer can be found in the Quran, and specifically, the chapter on The Women:
Surah 4:56 “Indeed, those who disbelieve in Our verses – We will drive them into a Fire. Every time their skins are roasted through We will replace them with other skins so they may taste the punishment. Indeed, Allah is ever Exalted in Might and Wise.”
Surah 4:57 “But those who believe and do righteous deeds – We will admit them to gardens beneath which rivers flow, wherein they abide forever. For them therein are purified spouses, and We will admit them to deepening shade.”
I have not seen any media outlet stating this clear, concrete fact. Yes, people have misinterpreted religious texts since the dawn of time. But Islamic EXTREMISTS who have flooded the West believe this literal translation. Not only do women deserve “punishment” by having their skin “roasted through,” but Allah will show favor to the men carrying out the execution.
Again, extremists are taking this literal interpretation and applying it to their new taxpayer-subsidized lives in Western nations. There is a word for this punishment— vitriolage. Places like Bangladesh have had to impose the death sentence to prevent extremists from attacking women. It is one of the cruelest, inhumane forms of violence that is becoming commonplace in Western societies due to open border policies. Yet another open border import. Western women and Islamic ideology do not mix. This was a HATE crime carried out by a person who has no place in Western society, or any society for that matter.
The European Great Hunt for Money 22% Tax if you Pay With Cash?
The glory that was Greece is of another day. The EU is dominated by LEFTIST all following Marx and assume that they can just order people to comply under penalty of one thing or another. Greece has implemented laws requiring taxpayers to provide proof of spending 30% of their annual income through electronic payments, imposing fines for those who only use cash. This move aims to reduce tax evasion and increase government revenue in a country with a significant shadow economy.
The Great Hunt for Taxes
Greece has implemented measures to force cashless transactions in an effort to kill the underground economy. The government aims to reduce tax evasion and increase revenue by requiring citizens to use electronic payments that began in 2020. Taxpayers must provide proof of spending 30% of their annual income through electronic receipts. The citizens of Greece must meet that requirement to avoid a penalty of up to 22 % on the shortfall.
The Greek government believes that transitioning to a cashless economy will help combat the underground economy, which has been a significant issue. Estimates suggest that undeclared goods and services accounted for a substantial portion of Greece’s GDP. BITCOIN was created by the NSA – no Japanese fictional character named Satoshi Nakamoto. (Satoshi)=means “wise,” “clever,” or “quick learner.” 中 (Naka) means “Middle,” “inside,” or “central.” 本 (Moto) means “Origin,” “base,” or “book.” The name means Wise Central Book, which is precisely what the government wants – 100% taxation. Greece is now forcing people to abandon cash in preparation for the Digital Euro to eliminate the underground economy making everything 100% taxable even that $100 Christmas gift to a grandchild.
Many Greeks are resistant to these changes, viewing them as another form of tax increase and loss of liberty. There are concerns about privacy and the practicality of enforcing such a system. Consequently, there has been a massive exodus from Greece with nearly 1 million have fled since 2010 generally for economic reasons. Greece remains in a sovereign-debt crisis and the higher they impose taxes the less economic activity. Youth unemployment over 55%.
Historically, the first target an oppressive government seeks to control is always the press. Once they control the press, as they do today with all the FAKE News, that is the beginning of the decline and fall of not just LIBERTY, but of the nation and in the end our civilization. This is the real danger of main stream media. They are promoting World War III and they blocking individuals targeted by the government as they did with COVID. Once in power, government assumes it is the sovereign and represents society. They confound the people with government, leaving no distinction between them. With socialism, they convince themselves that they act in our best interest when it is always to just retain power. The people are the true sovereign of the nation – not those in power.
Yet they accused Snowden of Treason for telling the people that the government was illegally monitoring them. Diane Feinstein revealed to the world her unconstitutional statement clearly claiming it is the government who constitutes the nation not the people. Although Chisholm v. Georgia (1793) was overturned by the 11th Amendment, giving States the right not to be sued claiming sovereign immunity. The Court held they did not so in 1795, the government showed it first walk down the path of tyranny and held that government is above the law. Nonetheless, in that decision we find the most direct Constitutional challenge to tyranny.
Justice James Wilson’s opinion is the most famous. He argued that in the United States, ultimate sovereignty rests with “the People of the United States,” not with the state governments. He stated that the Constitution was ordained and established by “We the People,” and therefore, the people are the sovereign, and the states are not sovereign in the sense of being immune from the people’s will as expressed in the Constitution.
The statement that “the people do not have the right to overthrow the government” is a core principle of authoritarian, absolutist, and totalitarian systems throughout history and in the present day. This idea is not typically associated with democratic or republican systems, which are founded on principles of popular sovereignty (the idea that the authority of the government is created and sustained by the consent of its people).
Justice Scalia admitted that we live under tyranny. He wrote in a letter: “If there was any constitutional issue resolved by the Civil War, it is that there is no right to secede.” Hence, “We the People” are purely economic slaves. We have no right to dissent, no right to secede no matter how authoritarian the government becomes. In the EU, it is even worse. There is no right for the people to vote for the head of the EU. All the people who make decrees NEVER stand for election and that was the intentional design to prevent the people from having any say whatsoever. This is what is coming to a head by 2032. When governments usurp the same powers held by a monarch, the divine right of kings, history warns the end is not far behind.
The UK has also now introduced rules requiring digital asset traders to report personal data for tax compliance starting in 2026 — but this is about reporting, not spending minimum requirements. UK government and HMRC are implementing reporting rules for digital platforms and digital assets to improve transparency and combat tax evasion — focused on reporting income rather than requiring a minimum level of digital spending.
Market Talk – December 15, 2025
US/AMERICAS:
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DJIA declined by 41.49 points (-0.09%) to 48,416.56
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S&P 500 declined by 10.90 points (-0.16%) to 6,816.51
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NASDAQ declined by 137.76 points (-0.59%) to 23,057.413
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Russell 2000 declined by 20.79 points (-0.81%) to 2,530.667
Canada Market Closings:
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TSX Composite declined by 43.95 points (-0.14%) to 31,483.44
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TSX 60 declined by 2.43 points (-0.13%) to 1,848.00
Brazil Market Closing:
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Bovespa advanced by 1,715.37 points (1.07%) to 162,481.74
PRIVATE BLOG – The End of the EU & International Law
PRIVATE BLOG – The End of the EU & International Law
Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.
Democrats Insist on Taxing Tips
Democratic states are insisting on taxing tips to defy Donald Trump. That’s right—a popular piece of legislation that is seemingly bipartisan has been met with partisan defiance from blue states with representatives who favor rebelling against Trump over the well-being of their constituents.
The One Big Beautiful Bill includes a No Tax on Tips stipulation that prevents the IRS from grabbing cash tips under $25,000. Linemen and factory workers are not taxed on overtime under this bill as well. Illinois, Maine, New York, California, Massachusetts, Connecticut, Hawaii, and the District of Columbia are deliberately preventing residents from enjoying this tax break without valid cause.
Illinois claims it needs to continue taxing tips at the state’s 4.95% flat income tax level because the state needs the revenue. Common sense shows us that governments ALWAYS spend more than they earn in taxation. Senator Craig Wilcox is attempting to introduce legislation to push back against Governor JB Pritzker and the Illinois Democrats. “This is effectively a tax hike on the people who can least afford it,” Wilcox stated. “Democrats cannot claim to support working men and women while blocking measures that would provide real, substantive relief.
Colorado maintains it is “decoupling” from federal tax provisions, formalizing taxes on tips and other forms of income. Governor Jared Polis of Colorado said that the change would cost the state $90 million annually, and the state should decide how it steals and redistributes money through social programs. Fields of Advance Colorado accused lawmakers of “balancing the budget on the backs of workers” as legislators passed bills such as HB 1296 that demand the state receive a portion of overtime pay.
New York Comptroller Thomas DiNapoli criticized the tax deduction as perhaps too democratic. Only 6% of New York workers receive taxable tips, after all, and they apparently deserve to be shaken down by Uncle Sam like the rest of us.
These governors are admitting that their budget deficits are too steep to benefit the people in any way. These are the same people who tout raising the minimum wage during campaigns to pretend they are for the working man. A majority of these unfunded state budgets are spent on social programs. There is simply no logic to this political theatre aside from “anything but Trump.”
UK to Monitor Citizens’ Emotions through CCTV Footage
Your speech and social media usage could land you in jail in the United Kingdom, but now, authorities will be monitoring your emotions. Technology has enabled nations to become increasingly Draconian, with eerily detailed information available to government agencies at all times. Residents around the UK are well aware of the CCTV cameras monitoring their every move. The Home Office would now like to use that footage to monitor civilian behavior and facial expression to identify criminals.
The technology may be employed at known suicide hot spots to identify anyone who may seem distressed. Yet, the example was merely discussed as it is the most palatable. Facial recognition technology will be cross-referenced with mugshots in the national crime database. Everyone is a potential criminal—your face and likeness exist within a government database, and your file is ever-expanding.
Ministers would like police to have full access to citizens’ information, from passports to drivers’ licenses, that will be stored in a centralized database. There’s no need to ask for identification since the authorities will already know who you are before approaching you. These cameras will identify the clothes you wear, hats, bags, accessories, and of course, your vehicles.
Crime and Policing Minister Sarah Jones said, “Confident, safe, and consistent use of facial recognition and similar technologies at significantly greater scale requires a more specific legal framework. This will ensure law enforcement can properly harness the power of this technology whilst maintaining public confidence.” I highly doubt this move will “maintain public confidence,” instead, citizens will undoubtedly know that the government sees them as a potential threat and their guards must be up at all times.
The Association of Police and Crime Commissioners asked for access to doorbell cameras and body cameras when crime scenes are searched, even if that occurs in a private domicile. “’These technologies are increasingly invasive and sophisticated. If they are to gain the trust and support of the public… they require robust and independent assessment prior to deployment, meaningful oversight and accountability to the public when things go wrong,” the agency commented.
There has not been an instance in history when increased government surveillance led to a safer or happier nation. Governments are desperate and see control and confidence fading from their grip. The West will become increasingly Draconian as we move through this private wave because they believe the people are responsible for their crises.
Porsches Deactivated Across Russia
Porsche owners across Russia were unable to start their vehicles without warning. The German automaker claimed the sudden immobilization was due to an issue with the Vehicle Tracking System, a satellite security feature intended to protect against auto theft. In reality, Porsche admitted to the world that automakers have the ability to control modernized cars in real-time.
The loss of satellite connectivity signaled a potential auto theft and, therefore, an immediate deactivation. The engine immobilizer turned on simultaneously for hundreds of vehicles across Russia without warning. The blackout that affected every model post-2013 that contained the tracking satellite programming. Some owners reported success after disconnecting their car batteries for 10 hours, and others managed to reboot the VTS module, but the majority instantly lost access to transportation.
Porche denies any potential wrongdoing. No hacking organizations have come forward. The manufacturer insists it was a mere malfunction that just so happened to target vehicles in Russia.
Porche followed Germany in cutting ties with Russia at the start of the 2022 war in Ukraine. Could the company or government have been testing a digital war tactic? Politics aside, global citizens should be aware that their cars can be controlled by the manufacturer, governments, or bad actors. There have been countless isolated cases of this occurring throughout the years, but this incident proves that it could happen on a nationwide basis instantaneously. Perhaps we will see the day when older cars without digital features are prized and rise in value.
The Collapse of the Eurozone
A lot of questions have come in about the fall of the Eurozone. One thing that they are already discussing is to allow the member states with a debt crisis like Italy that is unsustainable to exist the Eurozone. They are already discussing that Northern Europe will reconfigure itself into a smaller Eurozone to try to say the system and the currency. This is in part why NATO, including American Neocons, are actively pushing for war with Russia for they fear when the Eurozone collapses, NATO will no longer be in a position to wage war.
The stupidity of the EU leaders has been accelerated by their hatred of Donald Trump. The Neocons and NATO are egging them on using their hatred of Trump to ensure that they will choose war rather than peace. Then with just one member state like Italy being pushed to the brink, we will see what took place in 2010 with Greece, which was just 2% of GDP compared to the Eurozone. Italy is about 15%. There is no possible way for the ECB to bail out Italy or France. They already hold €5 trillion in sovereign debt on their balance sheet.
European Court of Justice (ECJ) did not rule that the ECB cannot increase its balance sheet unlimitedly. In fact, the ECJ has consistently upheld the ECB’s broad discretion in conducting monetary policy, including large-scale asset purchases. However, a major and highly controversial ruling by the German Constitutional Court (Bundesverfassungsgericht) in May 2020, challenged the ECJ and the ECB on this very issue.
In May 2020, the German court issued a landmark ruling that directly contradicted the ECJ. It stated that the German government and the Bundesbank (Germany’s central bank) had violated German constitutional law by participating in the PSPP without properly ensuring the ECB had conducted a “proportionality assessment.” The German court argued the ECB had not sufficiently analyzed the economic and fiscal policy effects (like impacts on pensions, real estate bubbles, and savings) of its multi-trillion-euro program.
The core of the ruling was that the ECB had potentially overstepped its monetary policy mandate and veered into economic policy, which is reserved for member states. It gave the ECB three months to provide a proportionality assessment, or the Bundesbank would have to withdraw from the program. This was an unprecedented challenge: A national court effectively declaring an ECJ judgment “ultra vires” (beyond its authority) and threatening to break the unity of the Eurosystem.
This colors the possibility that the ECB can just monetize the debt of any country in default. The ECB, while strongly defending its actions, provided additional documentation and analysis to demonstrate it had considered the proportionality of its measures. The German government and parliament engaged in a review process to satisfy the court.
In April 2021, the German Constitutional Court closed the case, accepting the provided documents as sufficient, thus ending the immediate crisis. The Bundesbank continued its participation.
The Ruling Was About Mandate and Procedure, Not a Hard Limit. Hence, there is no official cap. Neither court established a specific limit (e.g., €5 trillion, 50% of GDP) on the ECB’s balance. This was a Political Warning Shot! It served as a powerful political warning from Germany to the ECB that its policies were being watched closely for overreach, especially as it moved into newer programs like the Pandemic Emergency Purchase Programme (PEPP).
The European Court of Justice ruled the ECB can use large balance sheet expansions. The challenge came from a national court (Germany’s), which argued such expansions must be rigorously justified and remain within the ECB’s monetary policy mandate. The ultimate result affirmed the ECB’s actions but under heightened scrutiny, not with a fixed balance sheet ceiling.
This hangs over the head of the ECB in the event of a member default. This is why my sources are talking about preparing for the DISSOLUTION of the Eurozone by jettisoning troubled states in a desperate effort to retain the EU Parliament and power.
EU Not Included in New G5
COMMENT: Your peace proposal has become a must-read here. It is said that you set the ball in motion that the EU is the enemy, not Russia. Trump is backing away from the EU, even forming a new G5 with the EU omitted. You have far more influence than you let on.
Anonymous
REPLY: Of course, I am use to being blamed for everything. The EU is the enemy because it is imploding economically. They reject peace because they need war as a distraction. Kill the messenger as always. Zelensky is pushing the EU off a cliff – not me. This is why the EU is becoming so authoritarian. The migration policy is a disaster. But they will never admit a mistake. In the UK, they equate Islamophobia with Antisemitism. But they are different. Islam is a religion, not a race. Antisemitism is not about religion, it is a race. That’s why Soros and Zelensky both pretended to be Christian to escape the Nazis.
Kallas is Lyndsey Graham in drag. She should not be allowed anywhere close to power. She personally hates the Russian people blaming them for Stalin but nobody blames the German people for Hitler’s actions. Kallas has openly stabbed Trump in the back every chance she gets. She has openly called for the break up of Russia and has vowed that Russia will never be allowed to return to the G8.
If you do not talk to an enemy, there will never be peace. NATO has convinced all the EU leaders not to talk with Putin. They constantly claim Putin wants to invade Europe. They are applying the Khrushchev days to Putin. Every word out of Kallas’ mouth is so biased and full of hatred there is no point of even pretending to negotiate with here – IMPOSSIBLE! She pretends to care about civilians but rejects any possible peace deal because of her deep seated bias.
Once upon a time, we had leaders who were not just honest, but rational. Winston Churchill insisted that he should accompany the Allied invasion fleet across the English Channel on D-Day (June 6, 1944). I would love to see Kallas handed a gun and sent to the front lines in Ukraine that she refuses to seek peace. Churchill only backed down when King George VI personally intervened. He told Churchill that if the Prime Minister, as a commoner, had the right to go, then the King, as head of the armed forces, had an even greater right and would join him. Knowing this was an untenable risk for the monarch, Churchill finally relented and agreed to stay ashore. There is no such courage amount the leaders of Europe.
According to an article published in the British newspaper, The Guardian, former UK Prime Minister Boris Johnson received a $1 million dollars the year he left office from a man who had a strong financial incentive to keep the war going in Ukraine.
The Trump administration has identified Austria, Hungary, Italy, and Poland as priority partners and that Washington should pull away from the European Union. There is talk of now forming a new five-power forum with China and Russia, according to Defense One and other outlets. The EU is self-destructing. If the people demand that Brussels reverse its policies, then perhaps the EU can be saved. But that seems unlikely. The EU will break up and perhaps that will unfold because of war. The various member states need economic reform badly. The same Marxist policies that took down Russia and China are alive in the EU and has undermined their economy dramatically.
Youth Unemployment in the EU is outrageous and they have ignored that and allowed a wholesale migration that is indeed turning into a cultural erasure.
Spain: 27.5%
Greece: 25.6% (Q4 2023 data) (recent data may be as high as 55%)
Sweden: 22.2%
Italy: 20.3%
Lowest Rates (March 2024):
Germany: 5.6%
Czechia: 7.6%
Netherlands: 8.6%
Bulgaria: 9.2%





















