by Martin Armstrong, Armstrong Economics:
QUESTION: Would you comment on Trump’s agenda?
Paul
ANSWER: Those in Washington have lived a privileged life. During the Mortgaged Backed Security Crisis, when real estate declined, it did not decline by much at all in Washington because the government is like a broken gun without a firing pin – it won’t work, and you can’t fire it. What is most interesting is that since Trump was elected, the median housing price in Washington, DC, has already fallen from about $700,000 to $600,000. This is independent evidence that DOGE is expected to clean the house.
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What is taking place reminds me of General Patton, who my father was with from North Africa to Berlin. I grew up with my father, often referring to General Patton, and he explained the strategy. It appears that someone who has advised Trump perhaps had similar knowledge of Patton. What I grew up being told was that achievers have a decided purpose in life, and their goals are driven by determination. My father use to quote Patton to me. One of his favorites was: “Fear kills more people than death.”
I have long suspected that USAID was behind my case, funding the attempted regime change in Russia for the 2000 election. I believe the bankers were lured in with the dream of all the resources of Russia going through the NY trading desks. I believe they were perhaps even funding the scheme to blackmail Yeltsin, and they hate Putin because Yeltsin defeated their regime change, installing Berezovsky by turning to Putin and saying his last words: “Protect Russia.”
I was shown skids of $100 bills being shipped weekly to Russia to fund the takeover of the country. I was told to invest $10 billion in this operation using Hermitage Capital Management, which Edmond Safra partly owned. NY Magazine did a whole story on it, calling it the Money Plane. I was told they had the government and the IMF in their back pocket.
Edmon Safra of Republic National Bank put on a fancy dinner for the IMF. I was invited and it was all about trying to convince me that they had the IMF in their pocket and that would rescue the day. The pitch was Russia had all these nukes, so there was no way the IMF would allow Russia to collapse/default on its debt. This created a serious yet tricky situation for the Russian government. What was going on was that Russia had been running a huge budget deficit to pay for public services. They had borrowed $40 billion by issuing three-month ruble Treasury bills known as GKOs.
This is what the “club” was buying for they were paying 30% interest to attract buyers. Were they bribing the IMF to prevent a default? Or was this all a regime change being run covertly through this USAID slush fund? All the hedge funds and bankers were all on this trade, expecting free money. I refused to join and warned them that my computer projected this would collapse. They did not want to hear that. They were CONVINCED the fix was in which created that perfect GUARANTEED TRADE.
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