“No one likes to admit defeat. But global policymakers, who continue to insist that there’s more they can do to revive growth and inflation, are starting to sound like Monty Python’s Black Knight (click to see video)..."
Donald Trump's latest message is, it's time to drain the "swamp" that he calls Washington. As Martin Armstrong exclaims, this is why the Republican elite stand for Hillary. Term limits and ending lobbying by former government staff would cut too deep into their pockets.
The polls are being rigged as they were in Britain for BREXIT. But plan B is clearly being put into play already preparing the public for the accusation that should Trump win, the election will be called a fraud because of Russian hackers. Democrats are now warning foreign governments that cyber attacks against the U.S. will be treated like any other,even if it leads to war.
"The system as we know it is always doomed to failure simply because we are satisfied as a whole with bread and circuses and let politicians run wild in their greed. Hillary is the example for everyone to see..."
Central bankers these days are seriously trapped. They cannot now reverse their policies for that means they have to admit that they have failed. That is far more serious than you might imagine. To even entertain backing down from negative interest rates means they have to admit that Keynesian/Marxist economics has failed and therein socialism, which is based upon the very principle that government can and is capable of managing the economy.
"It is a sad day for journalism. It has never been so manipulative than it is today. This is truly the end of everything that made America the beacon of liberty for the world. It is just a hallow shell. To think that the parents of these journalists worked hard to make sure their children had a better life. They have disgraced their parents."
Merkel refuses to admit that she is wrong and will not reverse her refugee policy despite all the problems, attacks, rapes, and terror. This is the precise reason why career politicians are no longer acceptable. They will never defend the people nor will they ever admit a mistake. She is making a decision for all of Europe and this amounts to a completely undemocratic position whereby no citizen of any other member States has any right to object or vote her out of office.
"I am not Donald Trump's campaigner... I listened to (Trump) and I have to tell you that he made three proposals to stop terrorism. And as a European, I myself could not have drawn up better what Europe needs."
"Civil Unrest is exploding," warns Armstrong Economics' Martin Armstrong, just as his long-term cycle models had predicted, as the biggest and most violent protest in Germany in over five years erupted in Berlin over the weekend...
James Comey was the chief prosecutor in the Southern District of New York between 2003 and 2005. He had no problem keeping me in Federal Prison on contempt of court without any charges, indictment, or a civil complaint describing any crime whatsoever that they even admitted openly in court. There was never any charges, complaint ever filed and they publicly stated “there is no description of criminal liability.” So he is not someone who upholds the Constitution when it goes against government or the banks. As they say, the Department of Justice is really “Just Us” in reality. He has proven that once again.