The tax hike as a percentage of gross domestic product to a record 38.2% will be the highest in modern British history, resulting in government spending not seen outside an emergency or war. While he claims that the additional £40 billion ($80 billion) is to invest in the future, it will undermine the future of Britain.

This year saw a Double-Directional Change on the yearly level for the pound, and we are looking at an unprecedented economic decline into 2026. This is what the LEFT refuses ever to comprehend. They are Marxists until the end.

The European Union and NATO are questioning Hungary’s allegiance after it sent a foreign minister to a joint security summit with Russia, Syria, and Belarus. Hungary’s position in both the EU and NATO has repeatedly been undermined as the current government has attempted to remain neutral in the Russia-Ukraine war.

“The Hungarian government never wastes an opportunity to shame us,” said Nathalie Loiseau, a French MEP from the Renew Europe group who sits on the Parliament’s foreign affairs committee. “In French, we say ‘when you cross boundaries, there are no limits,’” said Camille Grand, a former NATO assistant secretary-general. “Extremely troubling,” he added.

Hungarian Foreign Minister Péter Szijjártó has taken numerous trips to Moscow amid the ongoing war. He used his last trip to discuss Hungary’s ongoing fuel war with Ukraine. “Hungary’s secure and affordable gas supply is not possible” without cooperation with Russia, “whether we like it or not.” The EU sided with Ukraine over Hungary, further pushing the nation away from the alliance.

President Viktor Orban infamously met with Putin while acting as the president of the Council of the EU, solidifying his position as an enemy of his own bloc. Yet, the European Union is far from an actual union. Those at the top in Brussels make the decisions, and everyone is expected to adhere blindly. Viktor Orbán of Hungary has long fallen out of favor with the European Union for opposing the war in Ukraine.

Orban has voted to withhold aid from Ukraine in the past. He recently came out and accused the EU of installing a puppet government in Poland. He no longer trusts his European allies, and the feeling is mutual. Yet, there is no current method for banishing a member from the European Union.

The curious aspect of this is that Hungary feels it needs security. From whom?

Next week, those attending the World Economic Conference can pull this report from your portal. This is a special report issued on the request of so many institutional clients to explain how I arrived at capital flows analysis back in the 1980s and its application today, as some central banks have adopted this methodology in light of the failure of Keynesian Economics. This is the first time I have outlined this form of analysis in a specialized report. This also deals with the velocity of money and the back-drop behind booms and busts.

This report will be available to non-attendees and non-virtual Attendees for $300 after the conference.

The animosity and anger ahead of the November US presidential election will soon turn toward violence and absolute civil unrest. I will not mention the name of the application, but perhaps some of our US readers have received texts or emails urging them to sign up. While it is illegal to see who someone voted for in the election, whether someone voted or not is public record.

“Do some snooping…Check up on your friends, boyfriend, hookup, or whoever you want with this link. Friends don’t let friends skip elections!” the message repeats. The creators are primarily targeting young voters with the illusion that this is some just social cause. In all reality, this program borders on voter intimidation and relies on the public’s persistence to force others to think as they do.

“Data is sourced from publicly available voter registration data provided by the state. Data will be updated as it comes in before and after the Nov 5, 2024 election. Friends don’t let friends forget to vote!” the program states, adding elsewhere, “Your friends, partner, boss, ex and neighbor can all see whether or not you voted. But who you voted for will always be secret.”

This is reminiscent of the hotlines that were established during COVID by state governments. They too relied on neighbors turning against one another. The government has effectively created division among the people.

Party affiliations are public record. People can see if you are currently or once aligned with the Democrats or Republicans. The public can also see if you do not vote at all. I have spoken to several people who said they were once moderate or liberal but plan to vote for Donald Trump. Everyone in that category has also expressed concerns about what their peers will think, and some question whether their relationships with others will deteriorate all due to politics. Not only will civil unrest happen on a mass scale, but we will once again see families and communities torn apart by divisive politics.

People are writing to ask if Trump is adopting our solution since he talked about eliminating the income tax, which I was proposing during the ’90s. There is no longer a need for income taxes at the federal level because money is no longer tangible. Taxes were necessary when money was gold and silver because the king needed to get some back to cover his spending. Today, money is no longer tangible; whatever the state collects, it spends more anyway.

Moreover, what also changed was the need to borrow. States again borrowed, and it was less inflationary by taking in coins from circulation. Today, we do not need to borrow, which then requires us to pay interest on money that is not tangible, and we have no intention of paying anything off. The entire financial system will collapse, for this is unsustainable, as interest expenditures this year will exceed military. Within five years, interest expenditures will more than double.

The default occurs when nobody is willing to buy the new debt to keep rolling the old. We are also exceeding the capacity of the banks to be primary dealers, which requires them to buy the debt in hopes of reselling. This is all coming to an end. This will be one topic at this year’s WEC next week.

I believe the hotel is now sold out of rooms. If you want to attend, a Virtual livestream may be all that is left.

Next week, those attending the World Economic Conference, and those with the Virtual Plus ticket package can pull down this report from your portal. The Crisis in Democracy goes through in detail and reviews even Direct Democracy addressing the criticisms and why this end up as our only alternative.

This report deals in-depth with the Greek Philosophers Socrates, Plato, and Aristotle and their criticism of a Direct Democracy compared to our present state of political disaster. This is the way to the future, and this report dives into this critical issue for our future survival as 2032 approaches.

The Report will be available for non-attendees and virtual ticket holders at $300 after the conference.

Next week, those attending the World Economic Conference can pull down this report from your portal. This report also analyzes Article V of the NATO Treaty that they hope to invoke to compel even Trump to enter the war. This is why NATO is taking the lead to keep their proxy Zelensky to invade Russia truly, and they are scheming to hand him long-range missiles so he can attack Moscow and force Putin to attack anything in NATO.

The Report will be available for non-attendees and Virtual Plus at $500 after the conference.