The CIA and other intel agencies needed a way to launder money made from drugs and other types of trafficking from people to kids to then move around the planet for their regime change agendas. They needed a way to bypass banks and SWIFT.
Martin Armstrong: The pure stupidity of believing that Bitcoin will replace the dollar was remarkable to me. They never consulted history, much less the facts.They celebrated a fictional Japanese character, while those who created Bitcoin at the United States National Security Agency laughed at how easily it was to fool people all the time.Of course, the Bitcoin believers argue that this is ridiculous claiming that there’s no solid evidence to support it.Neither is there a real Satoshi Nakamoto.They may celebrate Bitcoin as an alternative to evil central banks, but they fail to apply that distrust of government to the NSA and CIA.
As I wrote years ago, just look into Bitcoin’s source code. The key to Bitcoin is its use of Secure Hash Algorithm 256, or SHA-256, which is used for everything. This mathematical formula jumbles data into a string of seemingly random text, making it nearly impossible to crack. Those of us in the world of programming are familiar with this algorithm, for it is the direct work of Glenn M. Lilly, who is a mathematician under the direction of the NSA. He designed and eventually published the algorithm back in 2001. Lilly later became the NSA’s chief of mathematics research. All you have to do is look into the NSA and you will discover that it was THE FIRST to even describe a Bitcoin-like system back in 1996. That paper was titled:
How To Make A Mint: The Cryptography Of Anonymous Electronic Cash.
The NSA’s 1996 plan to create anonymous electronic cash (archive.org).
In this paper, you will discover the proposed system that uses public-key cryptography to allow users to make anonymous payments without revealing their identity.If we look at the very name Satoshi Nakamoto, in Japanese, “satori” is a mythical creature that can read minds. Satoshi in Kanji is 覚, which generally means “wisdom,” so if we look at 中本聪,
中 is the “middle”, 本 the “root”.
聪 means “cleverness”
The name of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, can be interpreted as a reference to the U.S. spy agency as a reader of minds and cleverness.
There is also serious talk behind the curtain, including the United Nations trying to become a one-world government that will be a dictatorship with no democratic process whatsoever. There is some argument that the central banks’ digital currencies will not displace the dollar, and that title will go to the digital “IMF Coin,” which will become the new reserve currency.
Gates like the WEF are following the Rockefeller Foundation agenda of destroying living standards, depopulation, repopulation and forcing behavioral changes on humanity which is their enemy. Their ideal population level is now 500 million from over 9 billion.
Should the public ignore the history of the Rockefeller Foundation as they shift resources towards promoting Agenda 2030 and the United Nations Sustainable Development Goals?
In late July 2022, Rockefeller Foundation (RF) president, Dr. Rajiv J. Shah, released a public letter detailing the organization’s plan to increase their resources and attention to addressing climate change. Shah noted that the RF had a hand in shaping “the American and global responses to the pandemic’s crises“ as they funded projects like the CommonPass, (digital ID) helping promote the concept of vaccine passports.
The foundation also partnered with the Ikea Foundation and the Bezos Earth Fund to accelerate the transition to so-called “renewable energy.” The groups claim to have raised more than $10 billion in additional funds.
An Agent of Globalization
Rajiv J. “Raj” Shah, (President of Rockefeller Foundation) is a former American government official, physician, and health economist who has served in a number of U.S. government positions, as well as working within the philanthropic sector. Shah served as the 16th Administrator of the United States Agency for International Development (USAID) from 2010–2015. He was appointed USAID Administrator by President Obama, unanimously confirmed by the U.S. Senate, and sworn into office by Secretary of State Hillary Clinton on January 7, 2010.
USAID is ostensibly an “independent agency of the United States federal government” that handles “civilian foreign aid.”USAID is one of the largest official aid agencies in the world and accounts for more than half of all U.S. foreign assistance. However, USAID and the National Endowment for Democracy (NED) have been accused of being a tool for conducting activitiesfavorable to the Central Intelligence Agency (CIA) under the guise of providing foreign aid. The NED was created as a non-profit corporation via funding from the USAID. Both organizations have been involved in funding “activist” movements in countries which do not align with U.S. policy.
Critics have long comparedUSAID and NED funding Nicaraguan groups in the 1980s and 90s to the efforts of the CIA to overthrow governments throughout Latin America in the 1950s and ’60s.
Shah also served at the Bill & Melinda Gates Foundation, where he is credited with creating the International Financing Facility for Immunization, which helped reshape theglobal vaccine industry and raised more than $5 billion for the Global Alliance for Vaccines and Immunization (GAVI).
The attack on white people namely citizens is part of the globalist agenda of repopulation and degrading natives. Brits have two sets of laws now and they just "paused" democracy for two years but in fact are canceling it. The move to a totalitarian surveillance state is on. Watch this spread thru out EU members as they attempt to prepare for all out war with Russia but are broke now not able to fund Ukraine who needs billions to stay propped up. What the west has done to Ukraine and Russia is simply appalling just as they did to Iraq, Afghanistan, Libya, Syria, Belgrade and Yugoslavia, Vietnam, Nicaragua, Cuba and Venezuela and still trying with Iran and China. The west is run by psychopaths as we head into world war and our lives will never be the same again.
Finland and the Baltics both have ask the EU for money as they all closed their borders to Russia and this loss of revenue is bankrupting them. Kallas from Estonia is out their ranting lie after lie about Russia aggression while her own government discriminates against Estonians of Russian descent. The elderly are forced to take language tests both written and verbal with many failing and then told they must leave. One 77 year of woman said she was born in Estonia as parents and knows no one in Russia with all her relatives in Estonia. They are intentionally making those of Russian descent lives difficult again provoking Russia just as Ukraine did backed by the US and EU along with the Brits. It just shows how cruel the west can be with no conscious or morals but only wanting Russian resources at any cost. There are about 300,000 people of Russian descent caught up in the western war of aggression.
"There are about 280,000 to 300,000 ethnic Russians in Estonia, making them the largest minority group (around 20-24% of the population) and a significant Russian-speaking community, concentrated in cities like Tallinn and Narva, largely due to Soviet-era population shifts, with many residing as permanent residents or citizens of Russia."
Should these countries be broken up into ethnic lines like NATO did to Yugoslavia? Like the US is doing to Syria allowing genocide? Armstrong's computer models still show a war in Europe likely started by NATO using a false flag. They have been laying the foundation using social engineering claiming Russia "aggression" by flying drones into Poland, Belgium and Romania, firing missiles into Poland, Russian flights into Estonia, Ursula rants about GPS hacking when landing but officials say it did not happen, an attack on Hungary's refinery and it goes on and on. Finland has been erecting a fence about 300 km long a small fraction of the Finland/Russian border and has become a laughing stock as tourist now visit the fence taking pictures and selfies. Europe's leaders are the most inexperienced and unqualified individuals and all are minions of the globalist and WEF. They realize now they cannot support Ukraine with billions needed and are desperately trying to take Russian assets which Euroclear and Belgium say no knowing they would be liable under international law. This has not stopped Ursula and the EU commission which are proving to the world they are all nothing but common thieves. What this also proves is desperation and no longer able to kick the can down the road. The forecast is a destruction of European cities and military sites and war supporting industries by Russia if they persist in war. NATO like they did and are doing in Ukraine place both defensive and offensive missies in residential areas then when hit causing windows to be blown and damage to high rises and homes then ranting Russia hits civilians. The psyops against Russia and the European people are unbelievable. Estonia's population is only around 1.3 million, Lithuania 2.8 and Latvia 1.8 million and all ranting about war which Russia could simply run over these countries and NATO could do nothing.
What we are witnessing is the complete fall of Europe and becoming irrelevant in the eyes of the world. The globalist agenda has failed and now moving to a totalitarian surveillance state using digital IDs and CBDCs which is coming. Russia and China are now capitalist with even China having their People's Congress reps elected from the different provinces of the country. The west is now Fascist with the merger of tech and government. The world has flipped but many in the west still fall for the propaganda being constantly fed of Russian, Chinese and Iranian aggression. Western debt can never be repaid and they all need war as cover to default on it, pensions also most insolvent back when they went to negative rates along with banks which the EU plans on taking all your assets including "excess" cash in deposits.
The Brits announce "pausing democracy" but in fact are cancelling it as again the move to a totalitarian surveillance state with total control is being rolled out. The globalist at the WEF especially Blackrock are taking it all. "You will own nothing and be happy"
While You're Working Hard... They're Planning To Take EVERYTHING From You!!!
Nice home for an anarchist. Hope no wife and children as this would be devastating for them as parents. How did we go from a female bomber to a bail bondsman? The figure in the picture sure looks more female than male. Reptilian shape shifter? They act on instinct and even they do not murder innocents for pleasure.
Just recently you had the US meeting with Russia and on the same day the US meeting with China by their Foreign Minster in Moscow. This was no accident. This has the EU minions freaking out fearing the three superpowers will abandon and marginalize Europe just as the CEO of JP Morgan warned months back being irrelevant. They have all made a laughing stock of themselves with their continued lies of Russian aggression and a threat to all of them as if they had something Russia wanted. Massive debt, no oil, no gas, no resources, costs of massive illegal immigration, cultures being destroyed, immigrant violence and a trading block being deindustrialized by the netzero agenda with businesses closing and job losses. The minions incompetence is on the world stage for all to see. The so called Russian threat is misdirection as Europe enters a deep depression and these minions desperately need a major distraction especially from the Silicone Valley's tech billionaires implementing a totalitarian surveillance state using face recognition, digital IDs and CBDCs. Even Carbon Quotas are coming which eventually every household will have a monthly Personal Carbon Allowance, (PCA), one for food and one for your everyday needs from showering to washing clothes to cooking.
The EU's Fatal Mistake: How Europe Became Irrelevant on the World Stage
EU has lost its place at the top table and with it its ability to influence global affairs. Europe is again volatile and unstable and this for the first time since the end of WW2 plus is attempting to be belligerent and an obstacle to bringing about peace in the Ukraine. Also the US is ignoring it and attempting to bring about peace in the Ukraine without its involvement and input. Rhod Mackenzie looks at the current situation in which the European elites seen to want to start a war with Russia
Alex Krainer: War, Alliances, and Power Plays: The Middle East & Europe Are Transforming
The US nor anyone has a right to confiscate a country's or an individual's assets. This is all going to end up in court where western corrupt courts rule against Russia, eastern courts the opposite as confidence and trust is being eroded all thru the west. This is blatant as was the Dutch's confiscation of the Chinese owned chip maker. The whole sanction agenda is also illegal as the west goes full rogue as their own monetary systems crash and burn.
EU Runs Out of Money for Ukraine: Why Frozen Russian Assets Can’t Be Touched
TFGlobal
As the EU struggles to raise new aid for Ukraine, many wonder why the bloc won’t simply seize the $300B+ in frozen Russian assets parked in European banks. But international law, fear of global financial backlash, and resistance from key EU members have made those funds effectively “untouchable.”
Is the EU’s biggest leverage against Moscow turning into a strategic liability?
July 2025 Euroclear and Clearstream announced partnership with Bank of China, Hong Kong with the goal of expanding Eurobond markets into Asia following China and other Asian issuers easier access to Europe's 14 trillion euros Eurobond markets. Euroclear in Hong Kong no longer under EU regulations with Bank of China joining as a depository and safekeeper and life cycle service provider. This was to be a win-win for global finance but instead opened the door to one of the biggest threats to the EU's sanction regime. Euroclear now has significant financial exposure in Hong Kong maintaining cash balances, accounts and settlement infrastructure in jurisdiction not bound by EU's sanctions. Russian has been preparing for asymmetrical legal warfare sine the first sanction. Over 100 lawsuits by Russian companies and investors are already pending against Euroclear across various juridictions.
Sovereign assets are untouchable under international law which exposes the EU, Briton and US who are all guilty of taking assets in the past. Ursula von der Leyen solution is to have those controlling capital to overlook the guilt and not flee or disrupt markets. Hong Kong is the perfect location for Moscow as it follows common English law and with decisions respected. This is why Belgium is freaking out as Euroclear with the potential damages including capital flight and market disruptions from Europe and other western countries. The US is being isolated. This is also why Trump has been attacking BRICS with those like Bessent trying to maintain dollar hegemony as the west's sanction regime is ending up in international courts whose decisions cannot be ignored. Euroclear has stated it has been contacted by many entities from China to the Saudis and the officials fear that if the Russian funds are given up, massive sums of capital will be pulled from the institution and flee effectively blacklisting them. Few would park money or any assets there if they did. Those demanding that Euroclear give those funds up like Ursula has no regard in the outcome and repercussions that would hit markets in Europe and other institutions as she wants the money to keep flowing to Ukraine then back out.
The 400 Billion Yuan-Won Swap
Posted Dec 4, 2025 by Martin Armstrong |
Spread the love
The Bank of Korea (BOK) has renewed its bilateral swap agreement with the People’s Bank of China (PBOC) amid strengthened ties between Seoul and Beijing. Chinese President Xi Jinping met South Korean President Lee Jae-myung, marking the state visit to China in over a decade.
The swap line will remain at 400 billion yuan, providing direct yuan-won liquidity. The arrangement was made years ago and this was simply a renewal of faith. The agreement will last for five years until October 21, 2030, with the option to extend. Interestingly, this times out with the Sovereign Debt Crisis peak in 2028-2032. Seoul needs a non-dollar liquidity backstop if the West fractures. It also provides a hedge against the risk of US sanctions, or, far worse, a removal from SWIFT.
Years of tension between the two nations did not suddenly vanish, but trade is the great peacemaker. Both countries need this option because the global monetary system is beginning to fail. The yuan-won swap is an alternative buffer for South Korea if dollar dominance weakens, but this is not de-dollarization at hand.
The US still has the strongest market for public and private debt. Nations are seeking parallel channels to the US system, but are not turning their backs on the dollar. Governments, central banks, and private institutions remain confident in the dollar; it’s the government they’re worried about. This is the exact reason why there are whispers that the BOK will increase gold purchases, as it is necessary to hedge against governments. Again, the BOK has always maintained gold reserves but has not increased its purchases since 2013. None of this is a sign of de-dollarization.
Is the U.S. labor market finally breaking? For months economists have warned that the foundations were weakening — and today’s numbers may be the clearest evidence yet. In this video, we break down the latest ADP report, a stunning 32,000 private-sector job loss, and the ongoing collapse in U.S. manufacturing that is raising recession alarms across the country.
ADP revealed the largest payroll drop since early 2023, defying expectations of a modest +10,000 gain. Even more troubling? Small businesses cut 120,000 jobs, the worst decline since May 2020. Meanwhile, larger firms continue hiring, exposing an increasingly fragile divide in the U.S. economy.
We also look at falling wage growth, layoffs across major companies like Apple and Verizon, and why the labor market’s “low hiring, low firing” phase may be coming to an end.
And then there’s manufacturing. New ISM data shows the sector has contracted for nine consecutive months, with a PMI of 48.2. Rising input costs, tariff-driven disruptions, shifting production overseas, and weak demand are crippling producers in chemicals, textiles, transportation equipment, and more. According to ISM leadership, “It really is all about tariffs.”
All of this hits as the Federal Reserve prepares for its final policy meeting of the year — without access to the official jobs report due to the historic government shutdown. The Fed is walking a tightrope: slowing job growth, cooling wages, shrinking small businesses, and inflation still higher than target. Markets are betting on another rate cut… but will the Fed move without full data?
We also discuss the political reaction from Commerce Secretary Howard Lutnick, who blames the shutdown and mass deportations — not tariffs — for the weakening labor market. Do you agree? In this video:
ADP’s shocking November payroll decline
The crisis hitting small businesses
Wage growth slowdown & major layoffs
U.S. manufacturing’s ninth month of contraction
Tariffs’ deepening impact on producers
What the Fed is likely to do next
Why the U.S. economy may be entering its most fragile phase yet
Didn't the murdered whistleblower claim that AI is a scam and the push to get people to believe these machines have a consciousness to blow stock prices higher creating another bubble where the majority lose it all is all a con that must keep on?
Is the U.S. labor market finally breaking? For months economists have warned that the foundations were weakening — and today’s numbers may be the clearest evidence yet. In this video, we break down the latest ADP report, a stunning 32,000 private-sector job loss, and the ongoing collapse in U.S. manufacturing that is raising recession alarms across the country.
ADP revealed the largest payroll drop since early 2023, defying expectations of a modest +10,000 gain. Even more troubling? Small businesses cut 120,000 jobs, the worst decline since May 2020. Meanwhile, larger firms continue hiring, exposing an increasingly fragile divide in the U.S. economy.
We also look at falling wage growth, layoffs across major companies like Apple and Verizon, and why the labor market’s “low hiring, low firing” phase may be coming to an end.
And then there’s manufacturing. New ISM data shows the sector has contracted for nine consecutive months, with a PMI of 48.2. Rising input costs, tariff-driven disruptions, shifting production overseas, and weak demand are crippling producers in chemicals, textiles, transportation equipment, and more. According to ISM leadership, “It really is all about tariffs.”
All of this hits as the Federal Reserve prepares for its final policy meeting of the year — without access to the official jobs report due to the historic government shutdown. The Fed is walking a tightrope: slowing job growth, cooling wages, shrinking small businesses, and inflation still higher than target. Markets are betting on another rate cut… but will the Fed move without full data?
We also discuss the political reaction from Commerce Secretary Howard Lutnick, who blames the shutdown and mass deportations — not tariffs — for the weakening labor market. Do you agree? In this video:
ADP’s shocking November payroll decline
The crisis hitting small businesses
Wage growth slowdown & major layoffs
U.S. manufacturing’s ninth month of contraction
Tariffs’ deepening impact on producers
What the Fed is likely to do next
Why the U.S. economy may be entering its most fragile phase yet
The US as all members of the UN declared Taiwan to be part of the One China agreement made in the 70s. The US as Japan and Europe now ignore this agreement for political reasons as the west fears the hell out of them losing their hegemony of resource wars and regime changes. The private banking cartels fear China and BRICS bypassing dollar tracking and SWIFT and the FED. After world war II Taiwan was where Chiang Kai-shek settled backed by the US until the One China agreement was in play. Taiwan was always part of China except when the Dutch and Spanish illegal took over parts. The Brits of course targeted the mainland making a fortune in the Opium Wars weakening the Chinese with drugs similar what is happening to many in the US with heroin, cocaine, meth and fentanyl. Many including the Prometheus group say that the CIA is actually working for the city of London doing exactly what the Brits did to China using Canada, under the control of London. Since the CIA nor FBI could legally spy on Trump the first time he ran and while in office, London used their own GCHQ along with MI-5, MI6 and the Five Eyes, "an intelligence alliance composed of Australia, Canada, New Zealand, the United Kingdom, and the United States" all taking orders from London and all controlled by London.
"Chiang Kai-shek was a 20th-century Chinese military and political leader who headed the Kuomintang (Nationalist Party). He is known for unifying most of China under the Nationalist government in 1928 after launching the Northern Expedition. During the Chinese Civil War, he fought against the Chinese Communist Party, was allied with the Communists to fight imperial Japan during the Second Sino-Japanese War, and ultimately retreated to Taiwan with his government in 1949 after being defeated by the Communists."
With communism dying in China back in 1989 it is ironic that they are now capitalist while the whole west is moving towards a totalitarian surveillance state, Fascism intentionally destroying the economies with massive debt, and with it inflation, taxation going thru the roof, economic wars against the planet and constant resource wars with regime changes, What the west is doing to Taiwan is nothing but to get at China ignoring all previous agreements like they have done with the NATO agreement not moving east past the Odor River, tearing up the Intermediate Nuclear Missiles Treaty with Russia, confiscating Russia's, Iran's and Venezuela's reserves all against international law and the same with the Iranian agreement where many countries acknowledged and signed off on. These violations including international law are why the US came up with their own Rules Based Law where they simply make it up as they go along massaging it to fit the agenda at the time.
With Japan in contraction, with the carry trade unwinding with higher rates, with less and less workers supporting the elderly and tariffs by Trump admin., they need war to default and wipe out debt and are happy to follow the US agenda keeping the Taiwan BS alive and well. The forecast is Japan goes first soon followed by Europe and the US last to fall as all three are in serious trouble with the US going under $1 trillion every 100 days unsustainable in anyone mind. It appears that kicking the can down the road has reached the point where we are where that can now lies.
Representatives from the MIC,(Boeing, Lockheed, Raytheon, etc.) actually have been in DC and are the ones who control the wars from strategies to weapons used. From Vietnam to Iraq to Nicaragua to Libya to Belgrade bombings to Afghanistan to Ukraine and soon Taiwan. It is all about money, resources and control.
"I Wasn’t Supposed to See it” / How Marine Matt Hoh Saw Who Really Runs Our Wars
Since World War II, the United States has been engaged and bogged down in several wars, including conflicts that are thousands of miles away and in regions many Americans have never heard of. However, despite the U.S.' military prowess, these wars end up as stalemates or in the recent case of Afghanistan, a strategic defeat. Of course, we're told it is the military industrial complex who is making the money, but there is more to this war profiteering than we have previously known. Who is really profiting and why? U.S. military veteran and whistleblower Matthew Hoh sits down J-Speak host Rick Sanchez to discuss why the U.S. can't win wars. He explains the failures in Vietnam, Iraq, Afghanistan and now Ukraine.
"Obama told White House aides that it "turns out I'm really good at killing people.Didn't know that was gonna be a strong suit of mine."
Obama like the Clintons, Biden, Cheney and Trump are all psychopaths enjoying murdering people.
"We have only just begun to kill narco-terrorists."
More nonsense as we all know who controls the cartels and drug trade. Obama started funding Al Qaeda, ISIS and Uyghurs and all their offshoots which they used to murder innocent civilians in Syria to force regime change eventually succeeding with a terrorist running the country and the US and west turning a blind eye to the massive genocide of Christians, Shia and Alawites. Sullivan while in office stated that we will be in Syria until the terrorists are defeated which is ironic since they fund and control using them as cover for US troops to be illegally in Syria with two illegal bases in the north and guarding Conoco oil workers, also illegally in Syria just as they guarded the poppy fields in Afghanistan. When the "fall" of Afghanistan was taking place, it was one of these terror sent there murdering both US and Taliban soldiers trying to keep order with the crowds entering the airport. They did the same in Ukraine bribing enough Ukrainians with $5 billion from USAID bringing in snipers to murder people so Nuland could get the US directly involved then using the NAZIS to attack and murder civilians who were Ukrainians of Russian descent provoking Russia to enter the war stopping the murder of innocents. The US like the city of London and the EU are all criminal enterprises pretending to be governments and could care less about people but only their agendas.
Macron is a graduate and puppet of the WEF's young global leaders agenda as Newsom of California. They want a totalitarian surveillance state controlling populations speech, movement and purchasing habits. They are at war with humanity which must be forced into major behavioral changes like accepting the narratives of no free speech, no travel, accepting illegals and their violence, a much lower standard of living eventually forced to depend on government, massive taxation and war. This is where the western oligarchs are trying to take us along with the planet but they did not expect the stiff resistance from Russia, China, Iran and the global south so they are using economic war against most of the planet to succumb to the narrative and in many instances actual war. They are desperate for tight internet control to silence and not awaken the public of what they are actually doing. In the US big tech is already silencing the public in a country that has free speech in its Constitution but courts ruling private firms do not have to comply with these rights. It makes you wonder what other rights they do not have to follow as big corporations almost merge with government creating a Fascist agenda tossing the Constitution aside. Corporations become above the Constitution with executives gaining more and more control over the population. This is WEF's Great Reset and Build Back Better agenda as "You will own nothing and be happy". A prison without walls.
Its all intentional with one politician after another running on the platform of stopping mass illegal immigration but once in keeping it going. All are minions of the western oligarchs pushing the agenda of migrants attacking citizens for their great replacement agenda making whites the minority even having a two tiered legal system against these same citizens. A totalitarian surveillance state is in the making where total control is going to be exerted against the population. The elites are at war with humanity who they fear are way too many and must force behavioral changes. It is no longer hidden and but exposed. The western legal system is following this narrative keeping the illegals flowing in and stopping being exported.
Posted when Biden was in office: "Liz Truss just resigned for she finally understood that being the head of state does not mean you have real power. I know certainly that the Globalists behind the curtain reversed her policy and she has resigned simply because she finally realized that Britain is run by a dark sinister force that is connected to the WEF "Joe Biden is no more President than Liz Truss was the Prime Minister of Britain. Not only do we not live in democracies, but we also do not even live in actual Republics. We live under an Oligarchy and make no mistake about it, they are calling the shots. The Build Back Better slogan was launched at the WEF. NEVER in the history of human civilization have we EVER seen all the world leaders adopting that very same slogan. “We are on the path to 2032. We need to start thinking about what new form of government we must create. Our current version will collapse by 2028." M. Armstrong
Why not war as they have nothing to lose but their lives, jobs, shelters, dignity as free speech is already gone, why not the rest?
'Almost Every German City Is Now On The Verge Of Bankruptcy' zerohedge
The cost of illegals, destruction of cultures, the netzero scam destroying businesses and jobs and sanctions against Russia with billions flowing from EU members and the EU itself all contributed to this intentional takedown of Europe as no one could be this dumb or stupid. Money laundering from taxpayers is being exposed flowing to Ukraine to Estonia banks to European and US banks. In addition 19,000 accounts were found in Switzerland alone from Ukraine and homes in Italy and the Caribbean. It is almost like they are creating chaos everywhere distracting the public from the massive fraud happening at the expense of the economy. Protests are taking place all over Europe from Bulgaria accepting the euro losing sovereignty to illegal immigration to war with Russia which Europe is desperately trying to create as the western monetary systems are falling along with their economies.
Bulgaria Withdraws Budget After Protests
Posted Dec 4, 2025 by Martin Armstrong |
Spread the love
Civil unrest continues as tens of thousands of Bulgarians took to the streets last month to protest government spending, or at least that is what the headlines would lead one to believe. The government released its 2026 budget proposal, which included higher taxes and increased social security contributions, sparking nationwide outrage led by youth. Now, Parliament is withdrawing the budget unanimously, as citizens demanded the right to be heard. Yet, the true nature of the protests surrounds the forced adoption of the euro.
Prime Minister Rosen Zhelyazkov has been urged to resign; President Rumen Radev backed protesters while accusing violence as “mafia provocation.” Protestors set the entrance to the office of the European Commission on fire. Bulgaria is set to join the eurozone on January 1, 2026. The budget maxes out the 3% deficit as demanded by the European Commission. The people know that appeasing the European Commission is the main reason they want to increase taxes, and Bulgarians do not want to surrender their national identity to Brussels.
But Bulgaria is set to join the eurozone as the 21st member despite political unrest. The euro was never created as a currency to enhance trade or economic efficiency. It was designed as a stepping stone toward federalizing Europe. Europe has always sought the benefits of a single currency without surrendering fiscal sovereignty. Brussels will accept Bulgaria even without a clear budget because it needs to feed a dying system.
Bulgaria will forego its sovereignty. Goodbye independent rate decisions. Bulgaria will not have a national currency to adjust during downturns. They will be forced into the one-size-fits-all monetary system centered around the top European economies that are on the decline. The EU is attempting to recruit Romania into its scheme as well. Then there is the matter of absorbing Ukraine into the mix. The centralized authority in Brussels has no plan for the sovereign debt crisis that awaits it next year going into 2028.
Central banks push the illusions that they are in control of monetary systems using interest rates. The fact is they do not and like the FED are simply lenders of last resort, giving cheap money to multinationals and bail out entities when massive fraud is committed then covered up like the Long Term Capital Management blunder of holding Russian bonds then going south or working with Congress coming up with the Too Big to Fail nonsense again covering up fraud and corruption like in 2008/9.
The FED only sets the federal funds rates which is nothing more than banks lending to each other to balance books nightly. Even here they simply follow the two year treasury yield set by markets since the early 70s. It is a perfect overlay at FRED. Volcker is the only one who deviated on a massive scale raising the federal funds rates to over 19% while the two year was over 14%. This was supposedly to fight inflation caused by the Arab Oil Embargo scam where big US oil were making so much in profits Congress passed the Windfall Profits Tax. This caused everything to rise in price as the domino effect kicked in. The economy was in stagflation and this lasted about 10 years as prices never did go down in a meaningful way with the whole whole economy simply needing time to absorb these price hikes just as we are seeing today. Volcker made things much worse as higher rates cannot effect inflation caused permanent higher prices caused intentionally by big oil. Today supply chain problems since the lockdowns and tariffs taxing the consumer and disrupting world trade as Lutnick, Navarro and Bessent, neocons use economic war against the planet especially Russia and China who they fear as trillions in constant resources wars has caught up with the US as they try to change the playing field itself instead of the US now uncompetitive. This is decimating the consumer economy wiping out the middle class and pushing everyone below into poverty as purchasing power and living standards fall off a cliff. These three are at war with the planet and destroying also the US economy. As Martin Armstrong stated yesterday Bessent was not only working for Soros but was the brains behind taking down Briton by shorting the pound, the Asian Currency Crisis where they shorted markets especially currencies forcing countries to use up reserves then an IMF loan effectively taking control of a country for resources and markets. Also the failed takedown of Russia in the 90s bringing Putin to power while the disaster caused Soros to lose a few billion more than wiping out his gains on the pound shorts. The Clintons rewarding the bankers for trying made student loans nondischargeable in bankruptcy making generations serfs with massive debt over their heads. So this economic war is personal for Bessent just like Nuland, Blinken, etc all ranting their relatives were mistreated by the Russians decades ago. The fact is they are all neocons and want the trillions in resources the world has to offer and none of these should ever be allowed in government.
Putin said in one of his press conferences that they have proof Americans are being fed humans. There is a vid on youtube of a woman finding a tooth in her daughters nuggets. Then the busts in a handful of major cities where facilities held massive amounts of dead bodies. What for? Organ harvesting or sold as food? It would not be surprising as the elites could care less about people. Over 1 million children killed in Vietnam, over 500,000 in Iraq, 8 million children go missing each year, genocide in Gaza, Syria, their behind the drug cartels, trafficking of people especially children.
PUTIN: "I have a proof that the American people are EATING each other unbeknownst to them"
Europe has never offered one peace offer but only lies with ceasefires where they rearmed Ukraine. Russia has never changed their positions from day one and still holds them to this day. The US never understood this and Europe never did care. The minions of the globalist consistently make fools of themselves lying and simply making things up. They all have become laughing stock of the world. A MEP is trying to get Kaja Kallas removed calling her unqualified especially her remarks which he is asking her to list in a letter the 19 countries Russia has invaded in the last 100 years. European officials are just dumb. The EU is crumbling just as Europe especially Germany, France and especially the UK as the sanctions, the netzero agenda and massive illegal immigration backfired and they all ended up destroying themselves.
Japan is collapsing which will effect US pensions, markets and rates. Taiwan is part of the One China agreement made in the 70s which members of the UN agreed. Just as NATO violated the agreement not moving east crossing the Odor River now on Russia's borders. Socrates has forecast that Japan goes first which is in progress with Europe second also in progress. The western monetary systems are collapsing. The US is last. The US fears China as the resource wars and regime changes costing trillions in taxpayer funds using massive debt has finally caught up with the west. It has been hollowed out. China instead of wars invested in its people thru education, healthcare, technology and massive infrastructure projects home and abroad raising living standards creating new markets as they go. The west the very opposite causing economic destruction, death, genocide and war. The world sees US and western aggression using their vassals to again start conflict and strife. This is what the west is truly built on. Building up Taiwan, the Philippines and Australia moving weapons and troops in using as cover war games. In the Middle East sending billions into Israel along with weapons.
Lawrence Wilkerson: Legitimacy of the U.S. Empire Collapses
JAPAN JUST KILLED THE GLOBAL MONEY PRINTER AND NOBODY NOTICED
The most dangerous number in finance right now is 1.71%.
That’s Japan’s 10-year bond yield. Highest since 2008. Here’s why your retirement just got obliterated:
For 30 years, Japan printed infinity money at 0% rates and exported it worldwide. $3.4 trillion flowed into US Treasuries, European debt, emerging markets. This invisible bid kept YOUR mortgage cheap, YOUR stocks inflated, YOUR government solvent.
November 10th, 2025: The bid disappeared.
Japan’s yield hit 1.71%. They’re pumping $110 billion stimulus into their economy while debt sits at 263% of GDP. The math just became impossible. At 1.7% rates, Japan pays $27 billion MORE in interest. Every. Single. Year.
Here’s the extinction event nobody sees coming:
Japanese pension funds are pulling $1.1 trillion OUT of US Treasuries right now because keeping money in America LOSES them money after hedging costs. The largest foreign buyer of American debt is becoming a seller.
When Japan stops buying, interest rates don’t stay flat. They explode. US 10-year yields will jump 40 basis points minimum from flow dynamics alone. Your 7% mortgage becomes 8%. Corporate debt refinancing costs spike 60%. Zombie companies holding $3 trillion in junk bonds start defaulting in waves.
The yen carry trade just reversed. $1.2 trillion in borrowed yen funding crypto, stocks, emerging markets must unwind. Every hedge fund, every momentum trade, every leveraged bet built on free Japanese money is getting margin called simultaneously.
This breaks in three places:
Stock valuations were built for 2% bond yields forever. At 3.5% yields, the S&P 500 fair value drops 35%. Emerging market currencies collapse without Japanese capital inflows. Europe’s debt crisis returns because Italy and Spain lose their silent buyer.
December 18th the Bank of Japan meets. 50% chance they hike again. If they do, sell everything not nailed down.
Your 401k doesn’t price this in yet. The Fed can’t stop this. No central bank can.
The world’s biggest piggy bank just cracked open and the money is flowing backwards.
Position accordingly or get destroyed.
When he originally posted that, the yield on 10 year Japanese bonds was 1.71 percent.
Now it has risen to 1.85 percent, which is the highest level since 2008…
Japan just sent a shock through global markets.
The country’s 10-year government bond yield jumped to 1.85%, its highest level since 2008, marking a major break from the ultra-low rate environment Japan has lived in for decades. The move is already being called one of the most important signals for global liquidity heading into 2026.
To say that we are potentially facing a major liquidity crisis would be a massive understatement.
For the moment, it is crypto prices that are plunging, but lots of yen was borrowed to buy stocks too.
So let’s keep a very close eye on U.S. stock prices in the days ahead. Michael Snyder, The Economic Collapse Blog:
Recent Comments
The CIA and other intel agencies needed a way to launder money made from drugs and other types of trafficking from people to kids to then move around the planet for their regime change agendas. They needed a way to bypass banks and SWIFT.
Martin Armstrong: The pure stupidity of believing that Bitcoin will replace the dollar was remarkable to me. They never consulted history, much less the facts. They celebrated a fictional Japanese character, while those who created Bitcoin at the United States National Security Agency laughed at how easily it was to fool people all the time. Of course, the Bitcoin believers argue that this is ridiculous claiming that there’s no solid evidence to support it. Neither is there a real Satoshi Nakamoto. They may celebrate Bitcoin as an alternative to evil central banks, but they fail to apply that distrust of government to the NSA and CIA.
As I wrote years ago, just look into Bitcoin’s source code. The key to Bitcoin is its use of Secure Hash Algorithm 256, or SHA-256, which is used for everything. This mathematical formula jumbles data into a string of seemingly random text, making it nearly impossible to crack. Those of us in the world of programming are familiar with this algorithm, for it is the direct work of Glenn M. Lilly, who is a mathematician under the direction of the NSA. He designed and eventually published the algorithm back in 2001. Lilly later became the NSA’s chief of mathematics research. All you have to do is look into the NSA and you will discover that it was THE FIRST to even describe a Bitcoin-like system back in 1996. That paper was titled:
How To Make A Mint: The Cryptography Of Anonymous Electronic Cash.
The NSA’s 1996 plan to create anonymous electronic cash (archive.org).
In this paper, you will discover the proposed system that uses public-key cryptography to allow users to make anonymous payments without revealing their identity. If we look at the very name Satoshi Nakamoto, in Japanese, “satori” is a mythical creature that can read minds. Satoshi in Kanji is 覚, which generally means “wisdom,” so if we look at 中本聪,
中 is the “middle”, 本 the “root”.
聪 means “cleverness”
The name of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, can be interpreted as a reference to the U.S. spy agency as a reader of minds and cleverness.
There is also serious talk behind the curtain, including the United Nations trying to become a one-world government that will be a dictatorship with no democratic process whatsoever. There is some argument that the central banks’ digital currencies will not displace the dollar, and that title will go to the digital “IMF Coin,” which will become the new reserve currency.
Gates like the WEF are following the Rockefeller Foundation agenda of destroying living standards, depopulation, repopulation and forcing behavioral changes on humanity which is their enemy. Their ideal population level is now 500 million from over 9 billion.
Rockefeller Foundation’s New Focus on Climate Change Signals the Next Phase of The Great Reset https://www.activistpost.com/2023/04/rockefeller-foundations-new-focus-on-climate-change-signals-the-next-phase-of-the-great-reset.html
TOPICS:Great Reset CLIMATE CHANGE By Derrick Broze
Should the public ignore the history of the Rockefeller Foundation as they shift resources towards promoting Agenda 2030 and the United Nations Sustainable Development Goals?
In late July 2022, Rockefeller Foundation (RF) president, Dr. Rajiv J. Shah, released a public letter detailing the organization’s plan to increase their resources and attention to addressing climate change. Shah noted that the RF had a hand in shaping “the American and global responses to the pandemic’s crises“ as they funded projects like the CommonPass, (digital ID) helping promote the concept of vaccine passports.
The foundation also partnered with the Ikea Foundation and the Bezos Earth Fund to accelerate the transition to so-called “renewable energy.” The groups claim to have raised more than $10 billion in additional funds.
An Agent of Globalization
Rajiv J. “Raj” Shah, (President of Rockefeller Foundation) is a former American government official, physician, and health economist who has served in a number of U.S. government positions, as well as working within the philanthropic sector. Shah served as the 16th Administrator of the United States Agency for International Development (USAID) from 2010–2015. He was appointed USAID Administrator by President Obama, unanimously confirmed by the U.S. Senate, and sworn into office by Secretary of State Hillary Clinton on January 7, 2010.
USAID is ostensibly an “independent agency of the United States federal government” that handles “civilian foreign aid.” USAID is one of the largest official aid agencies in the world and accounts for more than half of all U.S. foreign assistance. However, USAID and the National Endowment for Democracy (NED) have been accused of being a tool for conducting activities favorable to the Central Intelligence Agency (CIA) under the guise of providing foreign aid. The NED was created as a non-profit corporation via funding from the USAID. Both organizations have been involved in funding “activist” movements in countries which do not align with U.S. policy.
Critics have long compared USAID and NED funding Nicaraguan groups in the 1980s and 90s to the efforts of the CIA to overthrow governments throughout Latin America in the 1950s and ’60s.
Shah also served at the Bill & Melinda Gates Foundation, where he is credited with creating the International Financing Facility for Immunization, which helped reshape the global vaccine industry and raised more than $5 billion for the Global Alliance for Vaccines and Immunization (GAVI).
I have reported extensively on the role the Bill and Melinda Gates Foundation and GAVI play in managing international health measures, particularly in advancing the ever-growing list of required vaccinations for developing nations.
Shah is also a member of the Trilateral Commission, sits on the Board of Directors of the Atlantic Council, and is a member of the Council of Foreign Relations.
The attack on white people namely citizens is part of the globalist agenda of repopulation and degrading natives. Brits have two sets of laws now and they just "paused" democracy for two years but in fact are canceling it. The move to a totalitarian surveillance state is on. Watch this spread thru out EU members as they attempt to prepare for all out war with Russia but are broke now not able to fund Ukraine who needs billions to stay propped up. What the west has done to Ukraine and Russia is simply appalling just as they did to Iraq, Afghanistan, Libya, Syria, Belgrade and Yugoslavia, Vietnam, Nicaragua, Cuba and Venezuela and still trying with Iran and China. The west is run by psychopaths as we head into world war and our lives will never be the same again.
Finland and the Baltics both have ask the EU for money as they all closed their borders to Russia and this loss of revenue is bankrupting them. Kallas from Estonia is out their ranting lie after lie about Russia aggression while her own government discriminates against Estonians of Russian descent. The elderly are forced to take language tests both written and verbal with many failing and then told they must leave. One 77 year of woman said she was born in Estonia as parents and knows no one in Russia with all her relatives in Estonia. They are intentionally making those of Russian descent lives difficult again provoking Russia just as Ukraine did backed by the US and EU along with the Brits. It just shows how cruel the west can be with no conscious or morals but only wanting Russian resources at any cost. There are about 300,000 people of Russian descent caught up in the western war of aggression.
"There are about 280,000 to 300,000 ethnic Russians in Estonia, making them the largest minority group (around 20-24% of the population) and a significant Russian-speaking community, concentrated in cities like Tallinn and Narva, largely due to Soviet-era population shifts, with many residing as permanent residents or citizens of Russia."
Should these countries be broken up into ethnic lines like NATO did to Yugoslavia? Like the US is doing to Syria allowing genocide? Armstrong's computer models still show a war in Europe likely started by NATO using a false flag. They have been laying the foundation using social engineering claiming Russia "aggression" by flying drones into Poland, Belgium and Romania, firing missiles into Poland, Russian flights into Estonia, Ursula rants about GPS hacking when landing but officials say it did not happen, an attack on Hungary's refinery and it goes on and on. Finland has been erecting a fence about 300 km long a small fraction of the Finland/Russian border and has become a laughing stock as tourist now visit the fence taking pictures and selfies. Europe's leaders are the most inexperienced and unqualified individuals and all are minions of the globalist and WEF. They realize now they cannot support Ukraine with billions needed and are desperately trying to take Russian assets which Euroclear and Belgium say no knowing they would be liable under international law. This has not stopped Ursula and the EU commission which are proving to the world they are all nothing but common thieves. What this also proves is desperation and no longer able to kick the can down the road. The forecast is a destruction of European cities and military sites and war supporting industries by Russia if they persist in war. NATO like they did and are doing in Ukraine place both defensive and offensive missies in residential areas then when hit causing windows to be blown and damage to high rises and homes then ranting Russia hits civilians. The psyops against Russia and the European people are unbelievable. Estonia's population is only around 1.3 million, Lithuania 2.8 and Latvia 1.8 million and all ranting about war which Russia could simply run over these countries and NATO could do nothing.
What we are witnessing is the complete fall of Europe and becoming irrelevant in the eyes of the world. The globalist agenda has failed and now moving to a totalitarian surveillance state using digital IDs and CBDCs which is coming. Russia and China are now capitalist with even China having their People's Congress reps elected from the different provinces of the country. The west is now Fascist with the merger of tech and government. The world has flipped but many in the west still fall for the propaganda being constantly fed of Russian, Chinese and Iranian aggression. Western debt can never be repaid and they all need war as cover to default on it, pensions also most insolvent back when they went to negative rates along with banks which the EU plans on taking all your assets including "excess" cash in deposits.
The Brits announce "pausing democracy" but in fact are cancelling it as again the move to a totalitarian surveillance state with total control is being rolled out. The globalist at the WEF especially Blackrock are taking it all. "You will own nothing and be happy"
While You're Working Hard... They're Planning To Take EVERYTHING From You!!!
Neil McCoy-Ward https://www.youtube.com/watch?v=CKf5pnwtibo
"No Peace! NATO Must Strike FIRST!!!" (To Create Peace)
Neil McCoy-Ward https://www.youtube.com/watch?v=x1wB2V1TF84&t=10s
They're Shutting Down Democracy (Here's Why)
Neil McCoy-Ward https://www.youtube.com/watch?v=JIXIUo3wiog
Nice home for an anarchist. Hope no wife and children as this would be devastating for them as parents. How did we go from a female bomber to a bail bondsman? The figure in the picture sure looks more female than male. Reptilian shape shifter? They act on instinct and even they do not murder innocents for pleasure.
Just recently you had the US meeting with Russia and on the same day the US meeting with China by their Foreign Minster in Moscow. This was no accident. This has the EU minions freaking out fearing the three superpowers will abandon and marginalize Europe just as the CEO of JP Morgan warned months back being irrelevant. They have all made a laughing stock of themselves with their continued lies of Russian aggression and a threat to all of them as if they had something Russia wanted. Massive debt, no oil, no gas, no resources, costs of massive illegal immigration, cultures being destroyed, immigrant violence and a trading block being deindustrialized by the netzero agenda with businesses closing and job losses. The minions incompetence is on the world stage for all to see. The so called Russian threat is misdirection as Europe enters a deep depression and these minions desperately need a major distraction especially from the Silicone Valley's tech billionaires implementing a totalitarian surveillance state using face recognition, digital IDs and CBDCs. Even Carbon Quotas are coming which eventually every household will have a monthly Personal Carbon Allowance, (PCA), one for food and one for your everyday needs from showering to washing clothes to cooking.
The EU's Fatal Mistake: How Europe Became Irrelevant on the World Stage
SCO & BRICS Insight https://www.youtube.com/watch?v=N3CHtlw63vs
EU has lost its place at the top table and with it its ability to influence global affairs. Europe is again volatile and unstable and this for the first time since the end of WW2 plus is attempting to be belligerent and an obstacle to bringing about peace in the Ukraine. Also the US is ignoring it and attempting to bring about peace in the Ukraine without its involvement and input. Rhod Mackenzie looks at the current situation in which the European elites seen to want to start a war with Russia
Alex Krainer: War, Alliances, and Power Plays: The Middle East & Europe Are Transforming
Dialogue Works https://www.youtube.com/watch?v=s8TC0uVMYL0
Britain's Worst Nightmare: Three Nuclear Powers Meet in Moscow
Moscow Shocker: Trump, Putin, China https://www.youtube.com/shorts/OB3XMZXI4Zo
PrometheanAction
Britain's Worst Nightmare: Three Nuclear Powers Meet in Moscow Trump vs. Global Elites & British Imperialism
PrometheanAction https://www.youtube.com/shorts/XcHQDSIUGtI
The US nor anyone has a right to confiscate a country's or an individual's assets. This is all going to end up in court where western corrupt courts rule against Russia, eastern courts the opposite as confidence and trust is being eroded all thru the west. This is blatant as was the Dutch's confiscation of the Chinese owned chip maker. The whole sanction agenda is also illegal as the west goes full rogue as their own monetary systems crash and burn.
EU Runs Out of Money for Ukraine: Why Frozen Russian Assets Can’t Be Touched
TFGlobal
As the EU struggles to raise new aid for Ukraine, many wonder why the bloc won’t simply seize the $300B+ in frozen Russian assets parked in European banks. But international law, fear of global financial backlash, and resistance from key EU members have made those funds effectively “untouchable.”
Is the EU’s biggest leverage against Moscow turning into a strategic liability?
July 2025 Euroclear and Clearstream announced partnership with Bank of China, Hong Kong with the goal of expanding Eurobond markets into Asia following China and other Asian issuers easier access to Europe's 14 trillion euros Eurobond markets. Euroclear in Hong Kong no longer under EU regulations with Bank of China joining as a depository and safekeeper and life cycle service provider. This was to be a win-win for global finance but instead opened the door to one of the biggest threats to the EU's sanction regime. Euroclear now has significant financial exposure in Hong Kong maintaining cash balances, accounts and settlement infrastructure in jurisdiction not bound by EU's sanctions. Russian has been preparing for asymmetrical legal warfare sine the first sanction. Over 100 lawsuits by Russian companies and investors are already pending against Euroclear across various juridictions.
Sovereign assets are untouchable under international law which exposes the EU, Briton and US who are all guilty of taking assets in the past. Ursula von der Leyen solution is to have those controlling capital to overlook the guilt and not flee or disrupt markets. Hong Kong is the perfect location for Moscow as it follows common English law and with decisions respected. This is why Belgium is freaking out as Euroclear with the potential damages including capital flight and market disruptions from Europe and other western countries. The US is being isolated. This is also why Trump has been attacking BRICS with those like Bessent trying to maintain dollar hegemony as the west's sanction regime is ending up in international courts whose decisions cannot be ignored. Euroclear has stated it has been contacted by many entities from China to the Saudis and the officials fear that if the Russian funds are given up, massive sums of capital will be pulled from the institution and flee effectively blacklisting them. Few would park money or any assets there if they did. Those demanding that Euroclear give those funds up like Ursula has no regard in the outcome and repercussions that would hit markets in Europe and other institutions as she wants the money to keep flowing to Ukraine then back out.
The 400 Billion Yuan-Won Swap
Posted Dec 4, 2025 by Martin Armstrong |
Spread the love
The Bank of Korea (BOK) has renewed its bilateral swap agreement with the People’s Bank of China (PBOC) amid strengthened ties between Seoul and Beijing. Chinese President Xi Jinping met South Korean President Lee Jae-myung, marking the state visit to China in over a decade.
The swap line will remain at 400 billion yuan, providing direct yuan-won liquidity. The arrangement was made years ago and this was simply a renewal of faith. The agreement will last for five years until October 21, 2030, with the option to extend. Interestingly, this times out with the Sovereign Debt Crisis peak in 2028-2032. Seoul needs a non-dollar liquidity backstop if the West fractures. It also provides a hedge against the risk of US sanctions, or, far worse, a removal from SWIFT.
Years of tension between the two nations did not suddenly vanish, but trade is the great peacemaker. Both countries need this option because the global monetary system is beginning to fail. The yuan-won swap is an alternative buffer for South Korea if dollar dominance weakens, but this is not de-dollarization at hand.
The US still has the strongest market for public and private debt. Nations are seeking parallel channels to the US system, but are not turning their backs on the dollar. Governments, central banks, and private institutions remain confident in the dollar; it’s the government they’re worried about. This is the exact reason why there are whispers that the BOK will increase gold purchases, as it is necessary to hedge against governments. Again, the BOK has always maintained gold reserves but has not increased its purchases since 2013. None of this is a sign of de-dollarization.
AMERICA IS BREAKING: Jobs Down, Factories Down, Confidence Down
World Affairs In Context https://www.youtube.com/watch?v=olkpdiJf5qc
Is the U.S. labor market finally breaking? For months economists have warned that the foundations were weakening — and today’s numbers may be the clearest evidence yet. In this video, we break down the latest ADP report, a stunning 32,000 private-sector job loss, and the ongoing collapse in U.S. manufacturing that is raising recession alarms across the country.
ADP revealed the largest payroll drop since early 2023, defying expectations of a modest +10,000 gain. Even more troubling? Small businesses cut 120,000 jobs, the worst decline since May 2020. Meanwhile, larger firms continue hiring, exposing an increasingly fragile divide in the U.S. economy.
We also look at falling wage growth, layoffs across major companies like Apple and Verizon, and why the labor market’s “low hiring, low firing” phase may be coming to an end.
And then there’s manufacturing. New ISM data shows the sector has contracted for nine consecutive months, with a PMI of 48.2. Rising input costs, tariff-driven disruptions, shifting production overseas, and weak demand are crippling producers in chemicals, textiles, transportation equipment, and more. According to ISM leadership, “It really is all about tariffs.”
All of this hits as the Federal Reserve prepares for its final policy meeting of the year — without access to the official jobs report due to the historic government shutdown. The Fed is walking a tightrope: slowing job growth, cooling wages, shrinking small businesses, and inflation still higher than target. Markets are betting on another rate cut… but will the Fed move without full data?
We also discuss the political reaction from Commerce Secretary Howard Lutnick, who blames the shutdown and mass deportations — not tariffs — for the weakening labor market. Do you agree? In this video:
ADP’s shocking November payroll decline
The crisis hitting small businesses
Wage growth slowdown & major layoffs
U.S. manufacturing’s ninth month of contraction
Tariffs’ deepening impact on producers
What the Fed is likely to do next
Why the U.S. economy may be entering its most fragile phase yet
Didn't the murdered whistleblower claim that AI is a scam and the push to get people to believe these machines have a consciousness to blow stock prices higher creating another bubble where the majority lose it all is all a con that must keep on?
"The proposed metaverse cuts are part of the company's annual budget planning for 2026, which..."
The decimation of the consumer economy which has been circulating dollars worldwide.
AMERICA IS BREAKING: Jobs Down, Factories Down, Confidence Down
World Affairs In Context https://www.youtube.com/watch?v=olkpdiJf5qc
Is the U.S. labor market finally breaking? For months economists have warned that the foundations were weakening — and today’s numbers may be the clearest evidence yet. In this video, we break down the latest ADP report, a stunning 32,000 private-sector job loss, and the ongoing collapse in U.S. manufacturing that is raising recession alarms across the country.
ADP revealed the largest payroll drop since early 2023, defying expectations of a modest +10,000 gain. Even more troubling? Small businesses cut 120,000 jobs, the worst decline since May 2020. Meanwhile, larger firms continue hiring, exposing an increasingly fragile divide in the U.S. economy.
We also look at falling wage growth, layoffs across major companies like Apple and Verizon, and why the labor market’s “low hiring, low firing” phase may be coming to an end.
And then there’s manufacturing. New ISM data shows the sector has contracted for nine consecutive months, with a PMI of 48.2. Rising input costs, tariff-driven disruptions, shifting production overseas, and weak demand are crippling producers in chemicals, textiles, transportation equipment, and more. According to ISM leadership, “It really is all about tariffs.”
All of this hits as the Federal Reserve prepares for its final policy meeting of the year — without access to the official jobs report due to the historic government shutdown. The Fed is walking a tightrope: slowing job growth, cooling wages, shrinking small businesses, and inflation still higher than target. Markets are betting on another rate cut… but will the Fed move without full data?
We also discuss the political reaction from Commerce Secretary Howard Lutnick, who blames the shutdown and mass deportations — not tariffs — for the weakening labor market. Do you agree? In this video:
Man arrested who is actually a female who identifies as a man. The former police officer CIA he/she/them "person" whose "gate" swings both ways.
The US as all members of the UN declared Taiwan to be part of the One China agreement made in the 70s. The US as Japan and Europe now ignore this agreement for political reasons as the west fears the hell out of them losing their hegemony of resource wars and regime changes. The private banking cartels fear China and BRICS bypassing dollar tracking and SWIFT and the FED. After world war II Taiwan was where Chiang Kai-shek settled backed by the US until the One China agreement was in play. Taiwan was always part of China except when the Dutch and Spanish illegal took over parts. The Brits of course targeted the mainland making a fortune in the Opium Wars weakening the Chinese with drugs similar what is happening to many in the US with heroin, cocaine, meth and fentanyl. Many including the Prometheus group say that the CIA is actually working for the city of London doing exactly what the Brits did to China using Canada, under the control of London. Since the CIA nor FBI could legally spy on Trump the first time he ran and while in office, London used their own GCHQ along with MI-5, MI6 and the Five Eyes, "an intelligence alliance composed of Australia, Canada, New Zealand, the United Kingdom, and the United States" all taking orders from London and all controlled by London.
"Chiang Kai-shek was a 20th-century Chinese military and political leader who headed the Kuomintang (Nationalist Party). He is known for unifying most of China under the Nationalist government in 1928 after launching the Northern Expedition. During the Chinese Civil War, he fought against the Chinese Communist Party, was allied with the Communists to fight imperial Japan during the Second Sino-Japanese War, and ultimately retreated to Taiwan with his government in 1949 after being defeated by the Communists."
With communism dying in China back in 1989 it is ironic that they are now capitalist while the whole west is moving towards a totalitarian surveillance state, Fascism intentionally destroying the economies with massive debt, and with it inflation, taxation going thru the roof, economic wars against the planet and constant resource wars with regime changes, What the west is doing to Taiwan is nothing but to get at China ignoring all previous agreements like they have done with the NATO agreement not moving east past the Odor River, tearing up the Intermediate Nuclear Missiles Treaty with Russia, confiscating Russia's, Iran's and Venezuela's reserves all against international law and the same with the Iranian agreement where many countries acknowledged and signed off on. These violations including international law are why the US came up with their own Rules Based Law where they simply make it up as they go along massaging it to fit the agenda at the time.
With Japan in contraction, with the carry trade unwinding with higher rates, with less and less workers supporting the elderly and tariffs by Trump admin., they need war to default and wipe out debt and are happy to follow the US agenda keeping the Taiwan BS alive and well. The forecast is Japan goes first soon followed by Europe and the US last to fall as all three are in serious trouble with the US going under $1 trillion every 100 days unsustainable in anyone mind. It appears that kicking the can down the road has reached the point where we are where that can now lies.
Representatives from the MIC,(Boeing, Lockheed, Raytheon, etc.) actually have been in DC and are the ones who control the wars from strategies to weapons used. From Vietnam to Iraq to Nicaragua to Libya to Belgrade bombings to Afghanistan to Ukraine and soon Taiwan. It is all about money, resources and control.
"I Wasn’t Supposed to See it” / How Marine Matt Hoh Saw Who Really Runs Our Wars
Journalistically Speaking with Rick Sanchez https://www.youtube.com/watch?v=ibikpSkn4kM&t=516s
Since World War II, the United States has been engaged and bogged down in several wars, including conflicts that are thousands of miles away and in regions many Americans have never heard of. However, despite the U.S.' military prowess, these wars end up as stalemates or in the recent case of Afghanistan, a strategic defeat. Of course, we're told it is the military industrial complex who is making the money, but there is more to this war profiteering than we have previously known. Who is really profiting and why? U.S. military veteran and whistleblower Matthew Hoh sits down J-Speak host Rick Sanchez to discuss why the U.S. can't win wars. He explains the failures in Vietnam, Iraq, Afghanistan and now Ukraine.
"Obama told White House aides that it "turns out I'm really good at killing people. Didn't know that was gonna be a strong suit of mine."
Obama like the Clintons, Biden, Cheney and Trump are all psychopaths enjoying murdering people.
"We have only just begun to kill narco-terrorists."
More nonsense as we all know who controls the cartels and drug trade. Obama started funding Al Qaeda, ISIS and Uyghurs and all their offshoots which they used to murder innocent civilians in Syria to force regime change eventually succeeding with a terrorist running the country and the US and west turning a blind eye to the massive genocide of Christians, Shia and Alawites. Sullivan while in office stated that we will be in Syria until the terrorists are defeated which is ironic since they fund and control using them as cover for US troops to be illegally in Syria with two illegal bases in the north and guarding Conoco oil workers, also illegally in Syria just as they guarded the poppy fields in Afghanistan. When the "fall" of Afghanistan was taking place, it was one of these terror sent there murdering both US and Taliban soldiers trying to keep order with the crowds entering the airport. They did the same in Ukraine bribing enough Ukrainians with $5 billion from USAID bringing in snipers to murder people so Nuland could get the US directly involved then using the NAZIS to attack and murder civilians who were Ukrainians of Russian descent provoking Russia to enter the war stopping the murder of innocents. The US like the city of London and the EU are all criminal enterprises pretending to be governments and could care less about people but only their agendas.
Macron is a graduate and puppet of the WEF's young global leaders agenda as Newsom of California. They want a totalitarian surveillance state controlling populations speech, movement and purchasing habits. They are at war with humanity which must be forced into major behavioral changes like accepting the narratives of no free speech, no travel, accepting illegals and their violence, a much lower standard of living eventually forced to depend on government, massive taxation and war. This is where the western oligarchs are trying to take us along with the planet but they did not expect the stiff resistance from Russia, China, Iran and the global south so they are using economic war against most of the planet to succumb to the narrative and in many instances actual war. They are desperate for tight internet control to silence and not awaken the public of what they are actually doing. In the US big tech is already silencing the public in a country that has free speech in its Constitution but courts ruling private firms do not have to comply with these rights. It makes you wonder what other rights they do not have to follow as big corporations almost merge with government creating a Fascist agenda tossing the Constitution aside. Corporations become above the Constitution with executives gaining more and more control over the population. This is WEF's Great Reset and Build Back Better agenda as "You will own nothing and be happy". A prison without walls.
Its all intentional with one politician after another running on the platform of stopping mass illegal immigration but once in keeping it going. All are minions of the western oligarchs pushing the agenda of migrants attacking citizens for their great replacement agenda making whites the minority even having a two tiered legal system against these same citizens. A totalitarian surveillance state is in the making where total control is going to be exerted against the population. The elites are at war with humanity who they fear are way too many and must force behavioral changes. It is no longer hidden and but exposed. The western legal system is following this narrative keeping the illegals flowing in and stopping being exported.
Posted when Biden was in office: "Liz Truss just resigned for she finally understood that being the head of state does not mean you have real power. I know certainly that the Globalists behind the curtain reversed her policy and she has resigned simply because she finally realized that Britain is run by a dark sinister force that is connected to the WEF "Joe Biden is no more President than Liz Truss was the Prime Minister of Britain. Not only do we not live in democracies, but we also do not even live in actual Republics. We live under an Oligarchy and make no mistake about it, they are calling the shots. The Build Back Better slogan was launched at the WEF. NEVER in the history of human civilization have we EVER seen all the world leaders adopting that very same slogan. “We are on the path to 2032. We need to start thinking about what new form of government we must create. Our current version will collapse by 2028." M. Armstrong
Why not war as they have nothing to lose but their lives, jobs, shelters, dignity as free speech is already gone, why not the rest?
'Almost Every German City Is Now On The Verge Of Bankruptcy' zerohedge
The cost of illegals, destruction of cultures, the netzero scam destroying businesses and jobs and sanctions against Russia with billions flowing from EU members and the EU itself all contributed to this intentional takedown of Europe as no one could be this dumb or stupid. Money laundering from taxpayers is being exposed flowing to Ukraine to Estonia banks to European and US banks. In addition 19,000 accounts were found in Switzerland alone from Ukraine and homes in Italy and the Caribbean. It is almost like they are creating chaos everywhere distracting the public from the massive fraud happening at the expense of the economy. Protests are taking place all over Europe from Bulgaria accepting the euro losing sovereignty to illegal immigration to war with Russia which Europe is desperately trying to create as the western monetary systems are falling along with their economies.
Bulgaria Withdraws Budget After Protests
Posted Dec 4, 2025 by Martin Armstrong |
Spread the love
Civil unrest continues as tens of thousands of Bulgarians took to the streets last month to protest government spending, or at least that is what the headlines would lead one to believe. The government released its 2026 budget proposal, which included higher taxes and increased social security contributions, sparking nationwide outrage led by youth. Now, Parliament is withdrawing the budget unanimously, as citizens demanded the right to be heard. Yet, the true nature of the protests surrounds the forced adoption of the euro.
Prime Minister Rosen Zhelyazkov has been urged to resign; President Rumen Radev backed protesters while accusing violence as “mafia provocation.” Protestors set the entrance to the office of the European Commission on fire. Bulgaria is set to join the eurozone on January 1, 2026. The budget maxes out the 3% deficit as demanded by the European Commission. The people know that appeasing the European Commission is the main reason they want to increase taxes, and Bulgarians do not want to surrender their national identity to Brussels.
But Bulgaria is set to join the eurozone as the 21st member despite political unrest. The euro was never created as a currency to enhance trade or economic efficiency. It was designed as a stepping stone toward federalizing Europe. Europe has always sought the benefits of a single currency without surrendering fiscal sovereignty. Brussels will accept Bulgaria even without a clear budget because it needs to feed a dying system.
Bulgaria will forego its sovereignty. Goodbye independent rate decisions. Bulgaria will not have a national currency to adjust during downturns. They will be forced into the one-size-fits-all monetary system centered around the top European economies that are on the decline. The EU is attempting to recruit Romania into its scheme as well. Then there is the matter of absorbing Ukraine into the mix. The centralized authority in Brussels has no plan for the sovereign debt crisis that awaits it next year going into 2028.
Central banks push the illusions that they are in control of monetary systems using interest rates. The fact is they do not and like the FED are simply lenders of last resort, giving cheap money to multinationals and bail out entities when massive fraud is committed then covered up like the Long Term Capital Management blunder of holding Russian bonds then going south or working with Congress coming up with the Too Big to Fail nonsense again covering up fraud and corruption like in 2008/9.
The FED only sets the federal funds rates which is nothing more than banks lending to each other to balance books nightly. Even here they simply follow the two year treasury yield set by markets since the early 70s. It is a perfect overlay at FRED. Volcker is the only one who deviated on a massive scale raising the federal funds rates to over 19% while the two year was over 14%. This was supposedly to fight inflation caused by the Arab Oil Embargo scam where big US oil were making so much in profits Congress passed the Windfall Profits Tax. This caused everything to rise in price as the domino effect kicked in. The economy was in stagflation and this lasted about 10 years as prices never did go down in a meaningful way with the whole whole economy simply needing time to absorb these price hikes just as we are seeing today. Volcker made things much worse as higher rates cannot effect inflation caused permanent higher prices caused intentionally by big oil. Today supply chain problems since the lockdowns and tariffs taxing the consumer and disrupting world trade as Lutnick, Navarro and Bessent, neocons use economic war against the planet especially Russia and China who they fear as trillions in constant resources wars has caught up with the US as they try to change the playing field itself instead of the US now uncompetitive. This is decimating the consumer economy wiping out the middle class and pushing everyone below into poverty as purchasing power and living standards fall off a cliff. These three are at war with the planet and destroying also the US economy. As Martin Armstrong stated yesterday Bessent was not only working for Soros but was the brains behind taking down Briton by shorting the pound, the Asian Currency Crisis where they shorted markets especially currencies forcing countries to use up reserves then an IMF loan effectively taking control of a country for resources and markets. Also the failed takedown of Russia in the 90s bringing Putin to power while the disaster caused Soros to lose a few billion more than wiping out his gains on the pound shorts. The Clintons rewarding the bankers for trying made student loans nondischargeable in bankruptcy making generations serfs with massive debt over their heads. So this economic war is personal for Bessent just like Nuland, Blinken, etc all ranting their relatives were mistreated by the Russians decades ago. The fact is they are all neocons and want the trillions in resources the world has to offer and none of these should ever be allowed in government.
Putin said in one of his press conferences that they have proof Americans are being fed humans. There is a vid on youtube of a woman finding a tooth in her daughters nuggets. Then the busts in a handful of major cities where facilities held massive amounts of dead bodies. What for? Organ harvesting or sold as food? It would not be surprising as the elites could care less about people. Over 1 million children killed in Vietnam, over 500,000 in Iraq, 8 million children go missing each year, genocide in Gaza, Syria, their behind the drug cartels, trafficking of people especially children.
PUTIN: "I have a proof that the American people are EATING each other unbeknownst to them"
Through the eyes of https://www.youtube.com/watch?v=w-PJs5C43gE&t=512s
"I did graves for a living", a man discovers disturbing things. Would Poles go to war if drafted?
Through the eyes of https://www.youtube.com/watch?v=tXwkV9LSVZs&t=1s
Paris is BURNING. FBI finds REMAINS from MANY PEOPLE/ info from 11 year ago."Poland wants no truth".
Through the eyes of https://www.youtube.com/watch?v=8-XnK7bQp0A&t=933s
Bones and personal items found
RUSSIA seizes the shipment of "Children's substance".
Through the eyes of https://www.youtube.com/watch?v=uXvcEyeXTTw&t=34s
8 million kids missing worldwide every year? Deep State and the hierarchy.
Through the eyes of https://www.youtube.com/watch?v=j1Vm-Dwuy-A&t=5s
They eat the babies and rig the elections ALL AROUND the WORLD.
Through the eyes of https://www.youtube.com/watch?v=icqDa-TfZEM&t=12s
.....would not appear over concerns about the separation of powers and judicial ethics.
Little late to be concerned about separation of powers and judicial ethics.
Europe has never offered one peace offer but only lies with ceasefires where they rearmed Ukraine. Russia has never changed their positions from day one and still holds them to this day. The US never understood this and Europe never did care. The minions of the globalist consistently make fools of themselves lying and simply making things up. They all have become laughing stock of the world. A MEP is trying to get Kaja Kallas removed calling her unqualified especially her remarks which he is asking her to list in a letter the 19 countries Russia has invaded in the last 100 years. European officials are just dumb. The EU is crumbling just as Europe especially Germany, France and especially the UK as the sanctions, the netzero agenda and massive illegal immigration backfired and they all ended up destroying themselves.
Japan is collapsing which will effect US pensions, markets and rates. Taiwan is part of the One China agreement made in the 70s which members of the UN agreed. Just as NATO violated the agreement not moving east crossing the Odor River now on Russia's borders. Socrates has forecast that Japan goes first which is in progress with Europe second also in progress. The western monetary systems are collapsing. The US is last. The US fears China as the resource wars and regime changes costing trillions in taxpayer funds using massive debt has finally caught up with the west. It has been hollowed out. China instead of wars invested in its people thru education, healthcare, technology and massive infrastructure projects home and abroad raising living standards creating new markets as they go. The west the very opposite causing economic destruction, death, genocide and war. The world sees US and western aggression using their vassals to again start conflict and strife. This is what the west is truly built on. Building up Taiwan, the Philippines and Australia moving weapons and troops in using as cover war games. In the Middle East sending billions into Israel along with weapons.
Lawrence Wilkerson: Legitimacy of the U.S. Empire Collapses
Glenn Diesen https://www.youtube.com/watch?v=wSYcPidD5XY
Western Projection: Creating Enemies to Maintain Power | Dr. Jan Oberg
Neutrality Studie https://www.youtube.com/watch?v=osjOM8xPiBc&t=146s
What we are witnessing is not just a temporary correction.
As Shanaka Anslem Perera laid out very clearly in an excellent social media post, the entire system is being forced to reset because Japanese bond yields are soaring. I have reproduced his entire social media post below…
When he originally posted that, the yield on 10 year Japanese bonds was 1.71 percent.
Now it has risen to 1.85 percent, which is the highest level since 2008…
To say that we are potentially facing a major liquidity crisis would be a massive understatement.
For the moment, it is crypto prices that are plunging, but lots of yen was borrowed to buy stocks too.
So let’s keep a very close eye on U.S. stock prices in the days ahead. Michael Snyder, The Economic Collapse Blog: