Tag Archives: 15 minute cities

Sep 7 2023

Trudeau Ignored Warnings that Immigrants Would Worsen Housing Crisis


Armstrong Economics Blog/Real Estate Re-Posted Sep 7, 2023 by Martin Armstrong

A leaked memo from June 2022 reveals that Canada’s Justin Trudeau was warned that the mass influx of immigrants would exacerbate the housing crisis. “There is broad agreement among experts that homebuilding has been insufficient in comparison with housing demand in recent years, particularly with the increase in immigration since 2015,” the memo to Trudeau noted. “CHMC projects that the housing stock will grow by approximately 2.3 million between 2021 and 2030, and, when it incorporates economic factors alongside demographic factors, it projects that an additional 3.5 million additional housing units are needed beyond current projections to restore affordability.”

Trudeau’s response? Bring in more immigrants and feign ignorance to the growing problem. He was warned that Canada was expected to build 665,000 additional housing units in 2021, but only produced 223,000. The memo explained that the 3.5 million units budgeted for 2030 seemed impossible. This warning was sent directly to the prime minister. Canadians were struggling to find shelter but he abandoned domestic policy to promote the policies of the globalists.

The Canadian Real Estate Association states the average house now costs over C$700,000, which is 8.8 times the average income. “I’ll be blunt as well — housing isn’t a federal responsibility. It’s not something that we have direct carriage of,” Trudeau admitted last month. Knowingly permitting a mass influx of migrants when current residents are unable to find housing is the government’s problem. Trudeau blamed individual provinces for not “stepping up.” “They need to be stepping up as well, particularly on affordable housing. That is something that the federal government is taking very seriously, but we need all of us to be working together on, and that’s what we’re here to continue to do.”

Conservative leader Pierre Poilievre called out Trudeau for pivoting. “That’s funny because eight years ago, he promised he was going to lower housing costs,” Poilievre said. “No wonder he wants to wash his hands of his horrendous and unprecedented record.” The federal government dictates immigration policies. They are responsible for taxes and infrastructure. Additionally, they are responsible for corrupt agencies that are driving up housing costs. Executives at the Canada Mortgage and Housing Corporation (CMHC) received C$27 million in taxpayer funded bonuses last year in addition to their average salary of C$697,667.

Trudeau is not working to fix Canada’s housing crisis since he simply does not believe it is his problem. As an open World Economic Forum Young Leader, the ultimate goal of the housing crisis is to implement 15-minute cities where government provides basic income, transportation, and housing in exchange for your freedom.

Sep 7 2023

Food For Thought


Armstrong Economics Blog/Climate Re-Posted Sep 6, 2023 by Martin Armstrong

How is it that the government can’t rig elections but they can rig weather by regulation to stop what they call global warming?

Sep 7 2023

Anthony Blinken Travels to Ukraine to Announce U.S. Taxpayers Will Provide Another $1 Billion in Military Aid, Plus $520 Million for Clean Energy Initiative


Posted originally on the CTH on September 6, 2023 | Sundance 

This is beyond ludicrous now.  Secretary of State Anthony Blinken travelled to Ukraine to promote the U.S. commitment to our proxy EU country, and their perpetual money laundering operation.

In addition to announcing another $1 Billion in military and police funding, Blinken also announced that U.S. taxpayers would provide $520 million in funds for the Ukraine Green New Deal initiative to redevelop clean energy sources.   Blackrock and Vanguard are smiling large tonight, knowing that Joe Biden and Anthony Blinken are pumping profit funds directly into their subsidiary companies who will do the work.  This is madness. [Watch, Prompted]

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Sep 7 2023

Oil Prices Surge After Saudi Arabia and Russia Announce Extended Oil Production Cuts Through End of 2023


Posted originally on the CTH on September 6, 2023 | Sundance 

Oil prices shot passed $90/bbl today after Saudi Arabia and then Russia announced a continuance of production cuts through the end of this year.

The BRICS alliance is going to deliver some pain to the Western alliance.  Those people living in the yellow zone, with leadership chasing climate change and Green New Deal policies, are going to see more durable inflation as the cost of oil is attached to just about every product and service.

Gasoline, energy products, petroleum products, home heating oil, groceries, everything will cost more as the geopolitical battle continues; but we are supposed to pretend we are unaware of the global political dynamic.

(Zero Hedge) – […] Just after 9am ET, Saudi Arabia said it would extend the voluntary cut of 1 million b/d of for another 3 months, from October until the end of December, well beyond the expectation of just 1 more month. Saudi press agency SPA notes that the voluntary cut decision will be reviewed monthly to consider deepening the cut or increasing production.

The extension of cuts is meant to reinforce the precautionary efforts made by OPEC countries with the aim of supporting the stability of the oil market. The Saudi announcement came a shock to market as 20 of 25 traders and analysts surveyed by Bloomberg last week had predicted the additional cutback would be continued for just one additional month.

And then, literally seconds after the Saudi decision, Russian deputy PM Novak said Russia would also extend its reduction of oil exports until the end of the year, reducing its oil output by 300kb/d in voluntary cuts until December 2023.

Similar to the Saudis, Russia said that the decision to reduce oil production to be reviewed monthly to consider possibility of deepening reduction or increasing production depending on situation on the world market. (read more)

“The U.S. Strategic Petroleum Reserve is empty, my friend”… 

(Yahoo) – […] Higher oil prices are bad news for the world’s central banks, which have been trying to tame high inflation since last year. Energy is a key input for economic activities, so higher oil prices generally lead to inflation.

But Saudi Arabia and Russia’s keeping their oil supply cuts for longer means “they have no interest in what central banks are worried about,” Naeem Aslam, the chief investment officer of Zaye Capital Markets, wrote in a Tuesday note seen by Insider. (read more) 

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Sep 5 2023

9.4.23: FINAL BATTLE, WISH coming true, FANI, Obama exposed, Victories. PRAY!


And We Know Posted originally on Rumble on:Sep 4, 2:07 pm EDT

Sep 5 2023

Mass Graves in Canada Were a Hoax


Armstrong Economics Blog/Politics Re-Posted Sep 5, 2023 by Martin Armstrong

”Anytime we think about unmarked mass graves, we think about a distant country where a genocide has happened. This is not a distant country,” Dictator Justin Trudeau announced. It was an emotional narrative used to condemn the people of Canada into remembering the ill will of their ancestors. A call for supporting indigenous and minority communities. Masses of unmarked graves of children found at Catholic schools in Canada could have been a reason to abandon the church and turn toward government. Countless resources went in to promoting this narrative for two years. Problem is that there were no mass graves.

The Canadian government spent billions searching for evidence of the “cultural genocide.” The Truth and Reconciliation commission estimated that between 3,000 and 6,000 children died at these religious schools, primarily Catholic. It seemed too tragic to question. They excavated the basement of Our Lady of Seven Sorrows Catholic Church as the story said at least 60 children had been discarded there. No bodies were found. Researchers claimed that ground-penetrating sonar systems showed that there were hundreds of bodies beneath the ground, but not one has been found.

Justin Trudeau set aside a $40 billion budget for First Nations child welfare in 2021 after admitting that Canada was responsible for those deaths. Memorial services were held at sites where they believed mass graves existed. Trudeau, of course, showed up for the photo opportunity.

Canada did of course treat the First Nations people horribly. But this elaborated story of the Catholic Church covering up the deaths of countless children has been a complete hoax. The government ran with the story because it supported the right narrative.

Sep 5 2023

Maui Fires


Armstrong Economics Blog/Conspiracy Re-Posted Sep 4, 2023 by Martin Armstrong

Sep 5 2023

A Series of Unfortunate Coincidences


The reduction of the population has began in Hawaii

Sep 4 2023

As Expected, Ukraine Removes Defense Minister After Corruption Probe – Next Up in Rotation, Another Corrupt Defense Minister


Posted originally on the CTH on September 3, 2023 | Sundance 

As we noted last week, this was very likely going to happen. Oleksiy Reznikov (pictured below left) has been removed.

A corrupt minister is caught stealing and skimming money for his/her own benefit. The corrupt minister is fired and replaced with another corrupt minister, and then the clock starts ticking until the replacement makes a mistake and gets caught doing the same thing as his predecessor.

The corrupt activity in Kyiv is identical to the corrupt activity in Washington DC, because it is created by the same corrupt process. Wash – Rinse – Repeat.

(Via Politico) – Ukrainian President Volodymyr Zelenskyy announced late Sunday that he will replace the country’s defense minister, even as Kyiv’s counteroffensive appears to be gaining ground with its troops pushing into Russian-held territory. [😂]

The departure of Oleksiy Reznikov as defense chief marks the highest-level turnover in Zelenskyy’s inner circle since the start of the war in February 2022. It comes as the Ukrainian government is stepping up efforts to deal aggressively with corruption allegations involving military officials.

In a video message Sunday night, the Ukrainian leader announced that Reznikov would be replaced as defense minister by Rustem Umerov, the head of the country’s State Property Fund.

“Reznikov has gone through more than 550 days of full-scale war,” Zelenskyy said. “I believe the ministry now needs new approaches and other formats of interaction with both the military and society as a whole.”

There have been rumblings for weeks that Rezniko’s days were numbered. His reputation took several hits earlier this year over a handful of wartime scandals in the Defense Ministry in which officials were accused of profiteering. While Reznikov was never implicated, the revelations were a black eye not only for his ministry, but for him personally.

Zelenskyy called on the country’s parliament to approve the decision as soon as possible. (read more)

Sep 3 2023

Ukraine Defense Minister Likely to Be Removed, Following Corruption Probe


Posted originally on the CTH on September 2, 2023 | Sundance 

If you have watched World War Reddit, and understand the basic premise of Ukraine as a U.S. money laundering operation, then you likely understand why and how the recipient side of the $100 billion U.S. aid package is filled with graft and corruption.

Each Ukraine official who is caught using the money for their personal enrichment, is replaced by another person who engages in the same activity.  Successful anti-corruption efforts in Ukraine are futile, because everything attached to the U.S. created Ukraine government is corrupt.

A corrupt minister is caught stealing and skimming money for his/her own benefit. The corrupt minister is fired and replaced with another corrupt minister, and then the clock starts ticking until the replacement makes a mistake and gets caught doing the same thing as his predecessor.

The corrupt activity in Kyiv is identical to the corrupt activity in Washington DC, because it is created by the same corrupt process.   Wash – Rinse – Repeat.

In the latest exhibition…

[Via Zero Hedge} – […] Defense chief Oleksiy Reznikov has overseen a series of embarrassing military corruption scandals at a time Kiev is trying to tout its democratic and corruption reform credentials. He could be dismissed from the top post as early as next week and given a new role as ambassador to the United Kingdom.

But the decision is “not finalized” according to sources speaking to Kyiv Post, which names Rustem Umerov – currently head of the State Property Fund – as a likely candidate to replace Reznikov.

DM Reznikov has overseen Ukraine’s military and defense strategy since the start of the Feb. 2022 invasion, but the much-hyped counteroffensive launched at the start of the summer has been widely seen as a failure, despite tens of billions of dollars of Western aid and weaponry.

Reznikov is now front and center in an anti-graft probe, Bloomberg writes, citing local Ukrainian media:

President Volodymyr Zelenskiy’s anti-graft crackdown is fueling speculation that he may dismiss Ukraine’s defense minister following accusations of corruption linked to procuring military supplies.

The Ukrayinska Pravda newspaper, citing sources it didn’t name, said on Thursday Minister Oleksii Reznikov may be replaced as early as next week. The report followed accusations from anti-corruption activists and media that under his leadership the ministry has purchased food and uniforms at inflated prices. It also coincides with comments from a lawmaker that Reznikov may be shifted to the post of Kyiv’s ambassador to the UK.

Additionally, parliament’s People’s Deputy Yaroslav Zheleznyak, wrote in a Thursday Telegram post that “…Rustem Umerov will be nominated for the position of Minister of Defense.” 

Kyiv Post has detailed the latest scandal as follows:

The latest scandal was exposed by Ukrainian journalist Yuriy Nikolov who, citing sources at the State Customs Service of Ukraine, reported that the Ministry of Defense had acquired 233,000 winter jackets for $20 million from a Turkish firm.

Documentation from customs regarding one shipment unveiled a startling increase in cost for a batch of 4,900 jackets en route from Turkey to Ukraine.

The price had tripled, soaring from $142,000 to $421,000 (a per-unit rise from $29 to $86). Furthermore, it was revealed that the jackets, despite being marketed as winter wear, turned out to be lightweight. (link)

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