Financial Crisis of 2023

Guest Post by Martin Armstrong

Anyone who does not understand that inflation is a natural occurrence when you get into a war is clearly not a student of history and has no business being the CEO of even the head local dog-catcher. The Roman deity Janus, after whom January is named, was the two face entity who looked at the past and the future. The doors to his temple would be closed when there was peace. That symbolized that nothing was at risk of changing. However, in times of war,  they would leave the doors open to symbolize the uncertainty of war that the spirits could flow in and out.

Only today, do we seem to no longer respect that the cost of war is both lives lost and inflation for those who survive. This Ukrainian Proxy War serves no purpose. Winning or losing will have ZERO impact on our national security or the future of the people. This is simply a grudge match instigated by the Neocons who perpetually love war as long as someone else is dying for their personal goals. To them, it is nothing more than watching a war on CNN and cheering as if it were a football game.

I have said that this war will undermine the entire US economy and that is now manifesting in the Financial Crisis of 2023 which will be far worse than any of these people expect. The lack of experience and the stupidity of those who remark that capitalism is collapsing because they are honoring the depositors is absurd. A depositor has NO WAY of understanding the financial status of a bank until it is too late. They receive no warning and yet there are those who say they should suffer the losses because that is capitalism.

Sorry, but that has NOTHING to do with capitalism. It is no different than FRAUD soliciting money with a false pretense. Investing in a hedge fund like Citadel is different from a bank. Depositors in a hedge fund know they are investing their money and they are getting a piece of that return. That is capitalism. Someone who has a bank account where their social security check is automatically deposited took on no such risk. Sorry – that is different that a hedge fund that goes bust.

The problem we have is that the ECM turning point is April 10th. Yet it is also the Pi Target from the fall of the USSR and the birth of even Ukraine. We just had Poland losing their mind and sending jets to Ukraine. That makes Poland a viable target for war. Poland is irresponsible given the fact that the Ukrainians slaughtered over 300,000 of them and has refused to ever apologize for their WWII Nazi involvement.

We have a problem here with the Financial Crisis simultaneously with important cyclical targets regarding war. Any personal interpretation I can offer is just a personal opinion. Both trends are colliding into April and this may be a two-prong panic of unprecedented significance.

-----------------------------------------------------
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal

-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
Click to visit the TBP Store for Great TBP Merchandise

5
Leave a Reply

avatar
  Subscribe  
Notify of
Anonymous
Anonymous

Why would the dead bodies of soldiers matter when the elites are trying to kill the majority of us? The only time the President shows up is when they screw up like Biden. But even then he showed contempt and boredom and couldn’t wait for the ceremony to end.

Matthew Clark

Mr. Armstrong has made a classic mistake in this article. He sees capitalism as strictly an economic system. It is far from that. As Adam Smith, in the wealth of nations, proved, capitalism is a social system depending on individual freedom. Those depositors should not be bailed out because to do so with Government funds is to perform an act of extortion. Government funds exist from coerced taxes. Much of the bail out money comes from hard working folks who cannot afford to bail out other citizens, especially when many of those citizens are wealthier then they are. Bailing out these depositors also puts the government in an enormous position of power, as the depositors are now beholding to them. Let the banks fail! It would be short term pain for long term gain.

ICE-9
ICE-9

Deflation is also the Achilles Heel of US national security since crippling economic crises can be easily engineered by foreign players that, either willingly or by coincidence, collectively do not buy US Treasury bills as did happen starting in 2014. Thus as the Fiat Empire goes, not buying US Treasury bills is in effect a declaration of war “by other means” and is why since 2019 the Federal Reserve System has been frantically buying up its own debt to save the Wars, Waste, Wall Street, and Welfare at all (socialized) costs. So the magic formula of creating money out of thin air births the creation of even more money out of thin air through inflation, and when the magic runs out and the rabbit insists on staying inside the hat, the abomination of deflation is released. Thus inflation is the secret ingredient that drives asset prices ever higher and makes the wealthy asset holders even wealthier with every multi-billion dollar US Treasury bill auction. But the cost of inflation is borne primarily by those who do not hold assets and cannot afford inflation, so inflation is thereby socialized through the mugs and dupes that make up “of the People”. Deflation on the other hand, although the bringer of immediate economic carnage to a financialized economy, is over the long term the ultimate re-distributor, the bringer of equity and equilibrium, and the destroyer of the wealthy. So, financialization is, by design, socialism for the rich, and deflation is thus the unwinding of this socialism and the cleansing reversion to the mean.

Financialization and the Road to Zero
ICE-9

Daddy Joe
Daddy Joe

If the lumpen could ever understand that War=Inflation=Poverty=Misery then there might be peace , prosperity, and a chance for a good life. But the fraud and the lie of inflation runs just as deep as the lumpens’ stupidity. In a world where everything is fake and upside down not only has bad money replaced the good money but bad people have replaced good people. Reality has been denied long enough. Darwinism has a lot of catching up that will begin soon. Wish it weren’t so; but it is so.

Discover more from The Burning Platform

Subscribe now to keep reading and get access to the full archive.

Continue reading