by Martin Armstrong, Armstrong Economics:
Democracy is under attack. JPMorgan Chase CEO Jamie Dimon , who has been bought by the World Economic Forum, believes the US government should seize private property to combat climate change. This is not an exaggeration. In his annual letter to shareholders, Dimon stated “governments, businesses and non-governmental organizations” may need to invoke “eminent domain” in order to get the “adequate investments fast enough for grid, solar, wind and pipeline initiatives.”
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Implementing socialism would be the fast-track way to achieve the WEF’s objective—YOU WILL OWN NOTHING AND BE HAPPY. Dimon is jumping right to the chase and proposing state ownership and the complete abolition of capitalism. “The need to provide energy affordably and reliably for today, as well as make the necessary investments to decarbonize for tomorrow, underscores the inextricable links between economic growth, energy security and climate change. We need to do more, and we need to do so immediately,” Dimon added. They are attempting to instill panic for a problem that does not exist. We must surrender all of our liberties to the government to prevent naturally occurring changes in the weather.
They are doing everything possible to defeat our way of life. This reminds me of the Roman emperor Maximinus I (235-238 AD) who effectively declared all wealth in the country belonged to the state. He paid bribes to anyone who turned in their neighbor for hiding wealth. Of course, the IRS already does exactly the same as Maximinus. They will share the spoils of someone’s wealth with whoever turns them in.
Once Maximinus wiped out small businesses in this manner, it led to a collapse in confidence in the economy. Commerce rapidly declined from there on out commerce and businesses did not restart. There was no Great Reset. In that instance, only one Pi Cycle marked the bottom of the Roman economy from 237 AD to 268 AD (31 years). The World Economic Forum began infiltrating our way of life in 2019 when they locked down the global economy for a virus. This is why 2027 is a major turning point on many of our models around the globe. The civil unrest we are experiencing in 2023 is only a prelude of what we can expect in 2024.
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