The Greek Elections Will Not Make A Difference
Tsipras
said Greeks face a difficult road to recovery from the financial crisis
that will only come through hard work. Yet Tsipras is too busy trying
to be part of the political establishment of Europe to save his own
country. He was elected to end austerity, but he has embraced it
instead. With his Syriza victory, he actually won just over 35%, which
was slightly less than his previous election results. By no means does
he represent the majority of Greeks. He will rule only by forming
a coalition with the nationalist Independent Greeks, and he remains in
opposition with the New Democracy Party who gained 28%. The far-right
Golden Dawn came in third with only 7%, which was a gain over the last election.
Greece has only been a single nation since 1821 when the people declared their independence, but they did not achieve it until 1829. At first, the West was in favor of letting the Ottoman Empire retain some power and occupation of Greece. Yet many non-Greeks volunteered to fight for their cause of independence, which included Lord Byron. Consequently, it was on October 20, 1827 when the combined forces of the British, French and Russian naval force moved together and destroyed the Ottoman and Egyptian armada. Russia’s minister of foreign affairs, Ioannis Kapodistrias, was a Greek and returned home to become the first president of the new Republic. The capital was the island of Aigina (1828–1829) and the second was Nafplio (1828–1834) on the Peloponnese. After his assassination, the European powers helped turn Greece into a monarchy with the first King named Otto coming from Bavaria, and the second, George I, from Denmark. King Otto is responsible for moving the capital to Athens in 1834.
Greece was historically composed of city-states. We can very well see a return to that political structure since there appears to be no resolution to address the oppression of the Greek people. This is the likelihood of a crisis in debt brewing within Europe.
Bubble Bubble, Where Is the Bubble?
Whenever I warn of anything using the word “CRASH”, the newspapers
immediately report it as a forecast for a crash in the stock market.
This demonstrates that there is no consideration that government can
also crash and burn — the perfect example of 100% confidence. Yes, if
this week simply closes on the Dow below 16280, then we may see that
slingshot move I have warned about where in one year we will have a
crash and a swing to the upside to new highs. These types of events are
the ultimate mind game, but that is how they destroy the majority. As
for those who write in, asking which investment will be safe — the
answer is NONE.
Some
people distort the events of the Great Depression to sell gold, but
keep in mind that commodities peaked in 1919 and bottomed WITH stocks
in 1932. Real estate peaked in 1927 followed by bonds when the Fed cut
rates to try to help Europe. Then, everything reversed and stocks soared
in 1929, crashed, and burned into 1932 bottoming with commodities.
There was NO SINGLE INVESTMENT left standing — ABSOLUTELY NOTHING.
So while the charlatans will try to sell you newsletters with promises
of making you 20,000%, keep in mind this is a period of survival we are
entering, not wild speculation. If you do not understand the nature of
the beast, the beast will have you for lunch.
What
we have to grasp here is that this is a well organized collapse. Each
sector will collapse and set in motion the next. If we get this week-end
closing below 16280, then we may be heading for a retest of the August
low going into October.
This will be the most difficult period ahead to forecast, so pay attention. We are entering a period of chaos that BEGINS with 2015.75; it does not end there with some crash. THIS IS THE BEGINNING, not the END.
Remember, if stocks decline into 2015.75, that should push more and more capital into government bonds completing the BUBBLE. This is by no means a BUBBLE in stocks, commodities, or the dollar. This is a peak in GOVERNMENT.
This is not even a Kondratieff Wave based upon commodities. This is the
309.6-year cycle in government and, unfortunately, the other side of
2015.75 is not looking very pretty. This not about just the collapse of
Europe, this is the collapse of Western forms of government that will
aid the shift in the financial capital of world to China by 2032. These
shifts in global economic trends are measured in hundreds of years and,
unfortunately, we have a front row seat. It’s Just Time.
The Future Rests in the Hands of the Youth
QUESTION: Hi mr. Armstrong,
I’m aware of your blog for almost a year and try to daily follow
your posts. I’m from the Netherlands and also over here government and
other officials try to make the people believe that we’re recovering
from the economic crisis. There is no mention given about a coming debt
crisis.
I as 23 year old student worrying about my future. Classmates and
friends experience hard times to find jobs and start a family. In these
times it is almost impossible to find a job paying a non slavery salary.
Let alone the recent requirements to get a mortgage.
My question to you: how to deal with these developments in these
turbulent times? What can i, as student with minimal savings, do to
‘survive’ the coming sovereign debt crisis and to life a fulfilling
live?
Just go on with your posts! You’re opening a lot of eyes worldwide.
Best regards,
PV
ANSWER: I have met with students in Paris and
throughout Europe. The politicians cannot understand that they are
destroying your future. All they can see is their need to
retain power, but the high levels of taxes are so burdensome that they
are preventing the creation of new jobs. The zero to negative interest
rates has resulted in the elderly still working because they cannot
afford to retire.
We are reaching the end of this noose around our neck that was placed there by Marx. It is interesting how in the USA they call me a “conservative”, yet in France, they call me a “liberal” because I am against authoritative socialism. The labels change, but the message remains the same.
Why did Marxism collapse? Because government cannot create anything new for that requires the freedom to act and imagine which is exclusively an individual trait. Government creates nothing. They are the great destroyer. Companies grow and become bureaucratic. In the process, they terminate the creative genius upon which all companies are found. A creative person is a NON-CONFORMIST. Consequently, they do not suffer regulation and bureaucratic systems. So in come the lawyers and the accountants who then eject the creativity from the board, exactly as Apple got rid of Steve Jobs. Once the creative person is gone, the company begins its slow death. At first, they buy startups and pay huge money to gain creativity. In the end, bureaucracy kills the corporation for the very same reason government destroys the economy and shrinks it, no matter what they pretend.
The is just one aspect that Marx could not see for there is no difference between a corrupt bureaucratic CEO running a company and a corrupt bureaucratic politician. Hence, socialism cannot survive for it lowers the living standard of the whole.
It is nice that we have social programs, but that came at a huge cost. Families were once tight groups for your children were your retirement since they took care of their parents in old age. Today, children no longer save to take care of their parents — that’s government’s job. Consequently, Eastern Europe and Asia (excluding Japan) are far better situated to cope with the future for they do not rely upon government. The distrust of government in former communist areas is many times as much of what you will find in Europe or North America, and indeed the majority rather than a minority. This will greatly insulate those regions from the worst decline compared to Europe and North America.
What you need to do is take back government. You cannot create a solution with the same line of thinking that created the current mess. The future belongs to the youth. Understand the devil you are dancing with. It is time to become politically active and challenge the establishment for that is the only way to save the future.
Many people do not appreciate what Thomas Jefferson defined as part of the entire No Taxation Without Representation issue. True, this began by the fact that taxes were not a right of the king and could only be authorized with the CONSENT of the people, which was given by their REPRESENTATIVES in Parliament. The “representation” was originally by the people for these representatives were NOT career politicians. We have lost ALL representation for politicians have become the career bureaucrats and thus exempt themselves from most of the laws they inflict upon the rest of us. So once again the system has evolved into career politicians whereby we have lost all real representation transforming us into the property of the state to be herded like cattle and taxed to sustain the bureaucrats. This was PRECISELY what led to the fall of Rome. As the bureaucrats (army) were not paid, they would nominal a new emperor and anyone who opposed saw their cities sacked and their inhabitants killed. This would be like Chicago invading New York because the employees of Illinois were broke.
While we may not yet be at that stage in the game since money is intangible for now, thanks to Marx, we are targeting the rich. Of course There was Maximinus I (235-238AD) whose reign lasted about 3.14 years. He simply declared ALL wealth within the Roman Empire belonged to the state (him) and paid rewards for anyone who gave information about someone hiding wealth precisely as governments do today – Germany & France paying bribes to Swiss Bankers to destroy their own country, US International Revenue Service paying rewards for reporting anyone not paying their taxes to such informants all precisely as Maximinis I operated.
Today,
we
once again have taxation without representation for those in office
never represent the people but only government interest. But Jefferson
added another dimension. Jefferson saw a national debt as two evils.
First there was the fiscal problem of debt and interest. However, there
was also a philosophical problem that everyone seems to overlook and
this is the origin of the crisis faced by the Youth.
Jefferson explained in a lettered dated September 6th, 1789 he wrote to James Madison stating that “the earth belongs ,,, to the living” and therefore “the dead have neither powers nor rights over it” whereby one’s parents had no authority to impose decisions upon their children and posterity who had no part in making them and that “every constitution,” “every law,” and every public debt should expire within a generation of its enactment. “If it be enforced longer,” he argued, “it is an act of force, and of right.” (PTJm 15:392, 396)
Therefore, I fully agree with Jefferson. You are burdened and your future has been predetermined for you are being taxed without any choice in the matter. You have been stripped of all your rights and your future has been stolen by socialists who wanted to live well by robbing you of your freedom and capacity to determine your own future. For this, you must become politically active. Taxation is evil, and we no longer need taxation since money is no longer a commodity. Money is purely representational dependent upon faith and confidence. Government should not be allowed to borrow, for money should be created for its expense limited to a percent of GDP that cannot be increased except in time of war if ATTACKED – not like a 100 years war to justify taxation.
We are reaching the end of this noose around our neck that was placed there by Marx. It is interesting how in the USA they call me a “conservative”, yet in France, they call me a “liberal” because I am against authoritative socialism. The labels change, but the message remains the same.
Why did Marxism collapse? Because government cannot create anything new for that requires the freedom to act and imagine which is exclusively an individual trait. Government creates nothing. They are the great destroyer. Companies grow and become bureaucratic. In the process, they terminate the creative genius upon which all companies are found. A creative person is a NON-CONFORMIST. Consequently, they do not suffer regulation and bureaucratic systems. So in come the lawyers and the accountants who then eject the creativity from the board, exactly as Apple got rid of Steve Jobs. Once the creative person is gone, the company begins its slow death. At first, they buy startups and pay huge money to gain creativity. In the end, bureaucracy kills the corporation for the very same reason government destroys the economy and shrinks it, no matter what they pretend.
The is just one aspect that Marx could not see for there is no difference between a corrupt bureaucratic CEO running a company and a corrupt bureaucratic politician. Hence, socialism cannot survive for it lowers the living standard of the whole.
It is nice that we have social programs, but that came at a huge cost. Families were once tight groups for your children were your retirement since they took care of their parents in old age. Today, children no longer save to take care of their parents — that’s government’s job. Consequently, Eastern Europe and Asia (excluding Japan) are far better situated to cope with the future for they do not rely upon government. The distrust of government in former communist areas is many times as much of what you will find in Europe or North America, and indeed the majority rather than a minority. This will greatly insulate those regions from the worst decline compared to Europe and North America.
What you need to do is take back government. You cannot create a solution with the same line of thinking that created the current mess. The future belongs to the youth. Understand the devil you are dancing with. It is time to become politically active and challenge the establishment for that is the only way to save the future.
Many people do not appreciate what Thomas Jefferson defined as part of the entire No Taxation Without Representation issue. True, this began by the fact that taxes were not a right of the king and could only be authorized with the CONSENT of the people, which was given by their REPRESENTATIVES in Parliament. The “representation” was originally by the people for these representatives were NOT career politicians. We have lost ALL representation for politicians have become the career bureaucrats and thus exempt themselves from most of the laws they inflict upon the rest of us. So once again the system has evolved into career politicians whereby we have lost all real representation transforming us into the property of the state to be herded like cattle and taxed to sustain the bureaucrats. This was PRECISELY what led to the fall of Rome. As the bureaucrats (army) were not paid, they would nominal a new emperor and anyone who opposed saw their cities sacked and their inhabitants killed. This would be like Chicago invading New York because the employees of Illinois were broke.
While we may not yet be at that stage in the game since money is intangible for now, thanks to Marx, we are targeting the rich. Of course There was Maximinus I (235-238AD) whose reign lasted about 3.14 years. He simply declared ALL wealth within the Roman Empire belonged to the state (him) and paid rewards for anyone who gave information about someone hiding wealth precisely as governments do today – Germany & France paying bribes to Swiss Bankers to destroy their own country, US International Revenue Service paying rewards for reporting anyone not paying their taxes to such informants all precisely as Maximinis I operated.
Today,
we
once again have taxation without representation for those in office
never represent the people but only government interest. But Jefferson
added another dimension. Jefferson saw a national debt as two evils.
First there was the fiscal problem of debt and interest. However, there
was also a philosophical problem that everyone seems to overlook and
this is the origin of the crisis faced by the Youth.Jefferson explained in a lettered dated September 6th, 1789 he wrote to James Madison stating that “the earth belongs ,,, to the living” and therefore “the dead have neither powers nor rights over it” whereby one’s parents had no authority to impose decisions upon their children and posterity who had no part in making them and that “every constitution,” “every law,” and every public debt should expire within a generation of its enactment. “If it be enforced longer,” he argued, “it is an act of force, and of right.” (PTJm 15:392, 396)
Therefore, I fully agree with Jefferson. You are burdened and your future has been predetermined for you are being taxed without any choice in the matter. You have been stripped of all your rights and your future has been stolen by socialists who wanted to live well by robbing you of your freedom and capacity to determine your own future. For this, you must become politically active. Taxation is evil, and we no longer need taxation since money is no longer a commodity. Money is purely representational dependent upon faith and confidence. Government should not be allowed to borrow, for money should be created for its expense limited to a percent of GDP that cannot be increased except in time of war if ATTACKED – not like a 100 years war to justify taxation.
Croatian Police Pushing Refugees off to Austria
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