- the source for market opinions


February 28, 2024 | War & the ECM

Martin Armstrong

Martin Arthur Armstrong is current chairman and founder of Armstrong Economics. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

ECM Wave 2020 2028 Pi

QUESTION: You have been the only analyst who has been correct that there would be no recession that just about everyone had forecast for the last two years. A friend turned me on to you and said mainstream media will never quote you because you do not play by their rules.

I had to present to our board and explain why we needed to switch to your services. They were impressed with your track record. The number one question that arose was that you said there is no recession until after May 7th. The latest statistics from the Atlanta Federal Reserve’s real-time GDP tracker have climbed back up to 3.1% for February, confirming your model has been correct all along. There has been no retreat in consumer confidence in February.

Will consumer confidence contract because of war, which appears to be inevitable? I assume this will be the topic at your London conference in May.

Thank you for your objective model. The world needs your analysis.



ANSWER: The elite are on a fast train to create war. They think this will not be nuclear, but I fear the darker forces are looking at war as the means to reduce the population by 50% to save their precious planet and reduce CO2. They are honestly sick individuals. They never tell the truth. ALWAYS – more civilians die in war than soldiers,

With the prospect of war, UNCERTAINTY enters the equation. That results in consumer spending being reduced and savings increasing. I have warned that these people are desperate to create war to influence the 2024 election. The media is all on board, cheering war just as they did with COVID-19. You have Victoria Nuland calling anyone who is against war is now a Putin supporter. She has labeled the Republicans who are against war a “Putin’s wing of the Republican Party.” She is on a mission to create World War III before Trump might become president, who is anti-war and will fire her ASAP.

The mainstream media is all pushing for war. Just look at the stats. World War I saw 9 to 11 million military personnel dead, with civilian deaths of about 6 to 13 million. World War II was by far the deadliest military conflict in human history, with a total estimated death total of 70–85 million people. The civilian deaths totaled 50–55 million. Because you cannot grow food during such events, there were an additional estimated 19–28 million deaths from famine. That was 3% of the 2.3 billion at the time. Today, the world population is 8.1 billion. They used the COVID-19 vaccines to alter the herd. But war is always the best means to reduce the population. If they eliminate just 3%, that would be nearly 250 million. They want to reduce a lot more than that.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

February 28th, 2024

Posted In: Armstrong Economics

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.