Category Blogger Martin Armstrong

May 29 2025

Carney Seeks to Deepen Ties to EU War Effort


Posted originally on May 29, 2025 by Martin Armstrong 

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Mark Carney’s call for aligning with the EU in a war against Russia reveals more about his ideological alignment than any strategic necessity. As a former central banker turned World Economic Forum alumnus, Carney has long abandoned the notion of free markets in favor of globalist control. He is keen to support the EU’s Marxist-style top-down approach, which has economically gutted Europe and driven capital flight, and is extremely eager to distance Canada from the United States in every possible way.

“Seventy-five cents of every dollar of capital spending for defence goes to the United States. That’s not smart,” Carney stated about his nation’s former top ally. He does not want the United States to remain the world’s superpower, per WEF protocol, as this sentiment was felt long before Trump. Carney would like to spend at least $1.25 trillion on defense over the next five years. “We’re making great progress on that, and by Canada Day, we’d like to see something concrete there,” Carney said, noting that Canada will be penning a deal with the European Union in the coming weeks.

Meanwhile, US President Trump has offered Canada protection under his proposed “golden dome.” As he continues to pressure Canada to become a state, Canada runs further into the arms of the EU. NATO Secretary General Mark Rutte is also keen to find a way to support his plans for war without the support of the United States. Rutte is expected to ask the 32-member alliance to up current spending to around 3.5% of GDP.

Canada currently spends 1.37% of its GDP on defense, below the current 2% NATO target. Carney believes Canada can meet NATO standards by 2030, but NATO is increasingly requesting more. “We are going to have to spend more, sooner,” the prime minister said. “That’s one of the reasons why we will have a fall budget, not a budget tomorrow, because we’re part of deeper discussions on the defence side.”

Canada has already stationed troops in the Arctic on a near-permanent basis. Operation Nanook in the Far North has expanded as Canada attempts to secure its place in the Arctic region. Canada and Greenland are both in strong opposition of the current US administration as Trump continues to pressure both to abandon sovereignty. But the true nature of Arctic operations is to intimidate Russia.

“We want to be in the Arctic on a near permanent basis,” Lt.-Gen. Steve Boivin stated. “The current approach to Operation Nanook puts us in the Arctic for five to six months a year. We’re looking at being there 10 plus months per year.” The federal government has already spent an additional C$420 million on the operation.

In a way, Trump is receiving everything he once requester,d from increased NATO spending to forcing nations to defend their own lands without the support of the US. On the other hand, nations are now eager to begin offloading their increased defense budgets outside the US. The capital expended on war would funnel back into the US. NATO was not entirely a charity case for the US as it did receive those funds recycled back into the US economy.

It is clear that Carney is eager to join the alliance of nations taking their arms up against Russia. Russia poses no threat to Canada. Carney’s eagerness to join EU efforts has nothing to do with Ukraine and everything to do with consolidating power by forcing the West into a global war.

May 29 2025

Moscow says if Zelensky uses NATO weapons from Germany to Attack Moscow He Attacks Berlin


Posted originally on May 28, 2025 by Martin Armstrong 

COMMENT: Marty, I respect that you do not want a Nobel Prize. But this is not about you. Putin just warned Germany that if it allows Zelensky to use NATO weapons to attack Moscow, he will attack Berlin. They said this is plain and simple. Everyone should be writing to nominate you for a Nobel Peace Prize for your model has called every turn in this debacle, and perhaps world leaders will listen to you if you get that Nobel Prize. I know you do not do this for notoriety or money. Hell, you don’t even sell advertising. Yield on this point. Please!

PY

ANSWER: I understand. But I think the Neocons would never allow them to nominate me. Go ahead. Flood them with letters. I bet it will have no impact. The Neocons are in complete control of Europe.

May 28 2025

German Troops Deployed to Lithuania


Posted originally on May 28, 2025 by Martin Armstrong 

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German troops have been permanently deployed for the first time since World War II. A brigade of 4,800 German soldiers is now positioned in Lithuania on NATO’s eastern flank. German Chancellor Friedrich Merz is eager to wage war on Russia, stating, “The security of our Baltic allies is also our security.”

“Anyone who threatens an ally must know that the entire alliance will jointly defend every inch of NATO territory,” Merz said. The 45 Armored Brigade, headquartered in Rudninkai, will also include hundreds of civilian staff members and is expected to operate at full capacity by the end of 2027 with over 5,000 soldiers. Lithuania announced earlier this month that it is increasing its military spending to 6% of GDP, or approximately $1.2 billion.

Germany firmly believes it has unlimited funds to spend on the war. Foreign Minister Johann Wadephul announced that Germany will spend 5% of its GDP on NATO, claiming the nation was offering “the five percent that President Trump demanded.” Merz, who served in the Bundeswehr, declared that “the government will in the future provide all the financing the Bundeswehr needs to become the strongest conventional army in Europe.”

Germany has already allocated a billion to the war in Ukraine. Two-thirds of the Bundestag Parliament voted to remove military spending from the Constitutional debt brake. The AfD opposed this plan, as did their opposite, Linke. The nation had implemented strict spending guidelines in its Constitution. They have been fearful of accumulating debt and previously had a fixed debt brake at 0.35% of GDP. Now, any amount over 1% of GDP will not face a borrowing cap. Therefore, Germany can now spend any amount on defense with no concern for the future.

History repeats because the desires of man never change. Unfortunately ,the models indicate that the third time will NOT be a charm.

May 28 2025

FDA Demands Warning Labels on COVID Vaccines


Posted originally on May 28, 2025 by Martin Armstrong 

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Questioning the mRNA COVID-19 vaccine was illegal until now. The dawn of Make America Healthy Again has pulled back the curtain on the insidious Big Pharma industry’s human experiments on the general population during the pandemic. The FDA notified Pfizer and Moderna that they must expand warning labels to note the side effects of the vaccine.

Not only was it incomprehensible to the establishment to question the validity of the vaccine, but one could not mention the blatant side effects that were occurring worldwide after the untested vaccine was pushed onto the masses. The FDA, the same industry that mocked people for looking into holistic alternatives, has been forced to admit that people are dying as a result of the largest bio experiment in human history.

Vaccine manufacturers must now reveal the risks of myocarditis, inflammation of the heart muscle, and pericarditis, inflammation of the sac-like lining surrounding the heart. Specifically, males aged 16-25 are at risk of serious complications. Insurance claims found that myocarditis and pericarditis occurred in 1 in 125,000 doses from 2023-2024 in children and adults under 65. For males under 25, one in 250 recipients experienced complications.

WEF Vaccine

These are merely the insurance claims, and rest assured, insurance will attempt to cite any other factor besides the COVID-19 vaccine. The “experts” still believe that the benefits of the vaccine outweigh the risk of heart failure, which is only one of numerous reported side effects.

The Department of Health and Human Services will no longer recommend the vaccine to children, teens, and pregnant women. Unbelievable that we permitted the “science” and government to force the global population to undergo this dangerous experiment. Those of us who refused to accept the vaccine were banished from society.

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Director of National Intelligence Tulsi Gabbard declassified information that found the Biden Administration had officially labeled vaccine skeptics “domestic violent extremists.”  “Prominent narratives include,” the report stated, “the belief that COVID-19 vaccines are unsafe, especially for children, are part of a government or global conspiracy to deprive individuals of their civil liberties and livelihoods, or are designed to start a new social or political order.” Those who did not blindly follow the narrative were thought to be aligned with “QAnon” and a danger to national security. Free speech, especially online, was to be censored to protect the narrative, as the Biden Administration insisted that skeptics would become violent.

“Some of the examples that are focused on here have to do with those who oppose the COVID vaccine mandates, those who oppose the mask mandates, and parents who were concerned that their children going to school may be forcibly vaccinated with the COVID vaccine without the consent or awareness of parents,” Gabbard stated, as all independent thought surrounding COVID was considered dangerous.

The FDA will no longer automatically approve vaccines without clinical safety trials. We were told that we were endangering the public, conspiracy theorist right-wing extremist anti-vaxxers, and yet, those at the top deliberately misled the world and coerced them to put this unknown substance in their bodies. Biden pardoned Fauci, and the pharmaceutical companies were granted immunity. No one has been charged with a crime.

May 28 2025

Trump & Bitcoin a Disaster in the Making


Posted originally on May 27, 2025 by Martin Armstrong 

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We know we are approaching a major high in Bitcoin when Trump Media and Technology Group (TMTG), a publicly traded media company controlled by the U.S. president’s family, announced a plan to purchase $2.5 billion worth of Bitcoin on Tuesday. This is a warning that we are in the throes of a typical bubble that will not end nicely.

NO BID

As a trader, you come to understand that every market, no matter what, acts the same because it is NOT the instrument, be it tulips, stocks, commodities, or bonds – it is human nature and the madness of crowds.  A crash becomes inevitable when 97% of the people are all long and they run out of fresh buyers. Like the Russian collapse, because all the bankers were long and the hedge funds, then they tried to sell and discovered that they were the market. When they try to sell, the broker says there is NO BID! Bitcoin is a trading vehicle like everything else. It is no exception to the rules of markets. It is just the next Tulip or Dot.COM or AI craze.

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I would NOT invest in Trump Media and Technology Group. It appears to be a brief rally, but this decision is misguided and emotional. They are risking the company on a speculation and are all caught up in the typical bubble, assuming the majority is correct. Why not convert your cash to yuan or euros when your expenses and revenue are in dollars? I can’t even recall the number of companies that came crawling to me for help after making the same risky FX trades.

The problem remains, the majority is ALWAYS wrong, and that is why no market is ever exempt from the inevitable boom and bust cycle. This is also when it only takes a minority to bring down a government or a market.

Why Majority Must be Wrong
May 27 2025

Intangible Art


Posted originally on May 27, 2025 by Martin Armstrong 

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Art can be a tangible commodity, but what happens when that art exists only as a concept? Italian artist Salvatore Garau created a statue entitled, Io Sono (“I Am”) that sold for $18,300. The sculpture itself is invisible.

“You don’t see it, but it exists,” Garau stated. The artist focuses on “immaterial sculptures” that exist by thought alone. Still, he believes that Io Sono must be displayed in a private home with climate control and provided with 5 x 5 ft of space. This piece of art could rise in value if consumers believe it to be worth more and are willing to pay more. The coverage this concept has received in the news has certainly caused it to become a conversation piece, and therefore, someone out there may be willing to spend more to have an invisible statue that exists as a concept.

The fine art market has become one of the most effective, sophisticated tools for laundering money. Unlike real estate, stocks, or precious metals, the art market is unregulated, unstandardized, and cloaked in confidentiality. It is considered upscale and a tool utilized by those who already have wealth and need a place to park it. Unlike financial instruments, which must pass through reporting requirements, art often changes hands privately, across borders, and without disclosure of the buyer or seller. In this case, the art does not even need to exist, and yet it still was sold through an official fine art auction house.

Art is not valued like stocks. There are no earnings, dividends, or tangible utility. There is only perception. A Picasso, a Basquiat, or a Warhol are not just artworks; they are safe havens for capital, especially for oligarchs, cartel bosses, and political elites looking to move funds discreetly. A $15 million painting hung in a Zurich vault is more secure and less traceable than a Swiss bank account, which is no longer secure.

Mar-A-Lago was once valued beneath Hunter Biden’s “art.” Hunter Biden’s artwork is estimated to be worth up to $500,000. His personal friend, Kevin Morris, purchased a few pieces and also gave him a loan of $2 million to cover Hunter’s late tax payments. Most of his buyers remain anonymous, but the known art collectors are all associated with the DNC. Hirsh Naftali, for example, was appointed by Joe Biden to be the Commission for the Preservation of America’s Heritage Abroad after he expressed interest in his son’s artwork.

Art as an asset is entirely subjective and based on confidence. It holds no inherent value but the public perceives its value and prices it accordingly. Art does not generate income nor does it create economic output. Art is purely speculative and becomes a bubble when confidence peaks.

We saw this in the late 1980s Japanese bubble when Japanese investors were buying Van Goghs and Monets at astronomical prices. That bubble burst along with their real estate and the Nikkei index. We saw it again leading up to 2007–2008, and now, as the sovereign debt crisis looms globally, we’re beginning to see the same flight again. Art can act as a temporary store of value unless you have some extremely rare piece from a renowned artist.

Governments are keen to tax everything, and one day, that could include art. The secrecy and mystery that once caused art to be a store of wealth could collapse if governments act. Since art is primarily used as a temporary asset by those who are already at the top, governments are not yet looking in that direction. Once capital gains taxes are implemented, it will be game over for much of the art world.

May 27 2025

The Consumer Economy


Posted originally on May 27, 2025 by Martin Armstrong 

American Consumer

The US represents only 5% of the global population, and yet, Americans are responsible for 25% of all global consumption. Americans consume around 25% of the world’s oil, 27% of global aluminum, 23% of all coal, and 19% of copper. Nations are still standing in line to offload their goods to Americans.

There are more people on the continent of Europe than in America, but they spend significantly less per capita. Total consumer spending for the entire 27-bloc European Union reached $9.589 trillion in 2023, and with a population of around 450 million, this came out to around $21,300 per person. This figure went down to €18,768 in 2024. Per capita consumer spending in the US hit $51,500 last year, as the average American spends twice as much as the average European.

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China’s middle class is growing and will one day surpass America. At the moment, the average Chinese person spends 28,227 yuan or $4,800. Their population size rivals Europe and America, but the money is simply not there. Spending rose 5.3% in China from 2023 to 2024, when you account for inflation, it rose around 5.1%. Even if one adjusts for purchasing power parity (PPP), the US spending per capita is 7X greater than China’s.

Private consumption averaged 55.2% of Europe’s GDP from 1995 to 2024. Spending remains the single largest factor in the European economy. Economic uncertainty and inflation are causing consumers to spend less and this will severely harm Europe’s economy. Even small changes in consumer spending can offset the European economy.

Nations always go to war when they need funding. Russia is the wealthiest nation in terms of natural resources. This conquest is the same as when Japan went into Manchuria; it is why Europe wants to go into Russia.

May 27 2025

MAID for Children and Teens – Canada Expands Eugenics Program


Posted originally on May 27, 2025 by Martin Armstrong 

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Canada has expanded its Medical Assistance in Dying (MAID) program to include children and teenagers. A Special Joint Committee on Medical Assistance in Dying submitted a report to the House of Commons in February 2023 that recommended the government begin extending MAID services to “mature minors” WITHOUT parental authorization. Carney’s government is allegedly considering this blatant eugenics program that would allow the government to euthanize children.

Common law dictates that a “mature minor” is a person under 18 years of age who is deemed competent to make informed decisions about their own healthcare. There is no set age for which a minor is “mature.” Instead, healthcare providers assess each patient on a case-by-case basis and decide who is “mature” enough to make decisions regarding their treatment plan. Parents must accept their child’s autonomy to accept or deny treatment if their child’s health care provider gives them the authority.

The Canadian government has already created a coloring book for children entitled “Me and My Illness.” First, they created a coloring book for children to process the potential death of their loved ones through medically assisted suicide, and then they created a suicide coloring book for CHILDREN. The book encourages children to focus on their pain, highlighting how their illness isolates them from society and makes them different. Later in the book, children are provided a “decision-making toolkit” explaining “small” and “big” medical decisions.

What does dying feel like?

“You might worry that dying is painful. The way a person’s body stops working depends on their illness and where it is in the body. Many illnesses cause the body to slow down gradually until it stops. Other illnesses make the body stop more quickly. Usually, the stopping does not seem to be painful, but some people feel pain from their illness even when they are dying. Doctors and nurses do their best to help people feel as comfortable as they can. Every illness and every person is a little bit different.”

The book is absolutely atrocious and heartbreaking with journal prompts asking: “If you were to die, how would you like people to remember or celebrate you? Write or draw your ideas in your sketchbook.”

A flyer has been circulating Canada that promotes MAID for children and teens without parental consent. “One in 10 people will wait more than 4 months for counselling. The waiting period for MAID is only 3 months,” the flyer notes.

The Canadian government continues to expand what ailments fall under MAID. Beginning in March 2027, the government will begin eliminating people with mental illnesses that are treatable. The government will also begin euthanizing those “too poor to live with dignity,” as well, but the conservatives are considered the Nazis.

Mark Carney is following the World Economic Forum handbook to a tee, picking up where Justin Trudeau left off and working to reduce the population. Children and teens have undeveloped brains and cannot possibly comprehend the recourse of suicide. The government has already been sending MAID advocates to hospitals across the country to encourage sick patients with often treatable ailments to end their lives. Parents will have absolutely no say if their child lives or dies as the Canadian government stoops to a new deplorable level of pure evil.

May 26 2025

Interview: World War III is Inevitable


Posted May 26, 2025 by Martin Armstrong