Posted originally on Apr 26, 2025 by Martin Armstrong |
COMMENT: Martin,
Had to laugh here’s a comment about Janice Stein and Mark Carney.
As my father in law always said, “in the valley of the blind the one eyed man sees the most.”
The world is full of Academics that have no clue, too many people playing business and politics with other people’s money and lives!
“Janice Stein Endorsed Carney . Canada’s Leading, Most Respected Political Scientist and International Affairs Expert Janice Stein saying “Mark Carney is the “World’s Leading Economist” and Could very well lead the “Whole World” through the Trump Crisis, let alone Canada.” Stein isn’t just a leading voice in Canada—she’s recognized worldwide for her expertise in conflict resolution, global governance, and international relations. When someone of her global standing says this, it’s a big deal! Janice Gross Stein is Canada’s leading, most respected political scientist and international affairs expert.”
When a third of the country works for the Government, and a third is living off the Government, it sure makes it hard for the other third to vote for a Government.
Unfortunately, this Monday, Canada will witness another Liberal win, which will confirm your forecast that Canada will split!
It’s just time!
Jim M
REPLY: Carney was a key player in this Net-Zero nonsense, and he has lied about everything and acts like he is running against Trump – nobody else. I have not yet confirmed that the coup at the WEF was also in hopes of supporting Carney to claim he is not truly linked to Schwab, since he is no longer there. Trudeau resigned to avoid a NO CONFIDENCE vote, which would have led to the loss of power for the Liberals. Every step of this game is to retain power for the LEFT.
Carney is the instrument of Canada’s demise, for the LEFT will always burn down their own houses to protest against the RIGHT. Carney offers nothing that will benefit Canada, and the joke that Canada will replace the USA as the new leader of the world is laughable. Canada is highly socialistic, so the “income inequality” is lower, just like Communist Russia and China, which ultimately caused their demise. The productivity of the US compared to Canada explains the cost of the more regulations that Canada adopts, following Marx’s socialist philosophy.
United States: $76,643
Canada: $56,316 The U.S. GDP per capita is about 36% higher than Canada’s in nominal terms.
The U.S. indeed has higher inequality, so that median income disparities may be less pronounced. The U.S. generally has higher labor productivity due to greater investment in innovation and technology. The U.S. population (332 million) is nearly 9x larger than Canada’s (38 million), the US economy accounts for 25% of the entire world’s consumer spending, which is why the US is the reserve currency of the world because everyone has to sell whatever products for export to Americans – not Canadians.
Carney’s Vision of Replacing the United States as New World Leader
There has been a coup at the World Economic Forum because these very LEFTIST views and agendas are collapsing. So, Carney wants to lead the world on a sinking ship? As one reader put it.
“It appears from here, at first glance, that the WEF is repainting its storefront in an effort to stay in business while narrowing its attacks on the global food supply chain to taking control of the water supply. Same depopulation goal, new coat of paint.”
FA in Arkansas
Military:
The US has one of the largest militaries globally, with approximately 1.3 million active-duty personnel, with 800,000 reserves, which is the highest globally at $877 billion (2023), about 3.5% of GDP.
Canada has around 68,000 active personnel and 27,000 reserves, which cost $26.5 billion (2023), roughly 1.3% of GDP.
The US military is a global powerhouse with unmatched scale and technology, while Canada’s smaller force emphasizes specialized roles, alliances, and domestic/Arctic security. Their cooperation through NATO and NORAD underscores a strategic partnership, with Canada often leveraging US capabilities for broader defense needs. Yet, Carney is claiming that Canada will now lead the world? Differences in budget and scope reflect distinct national priorities.
The 2025 Canadian federal election will be held on April 28 to elect members of the House of Commons to the 45th Canadian Parliament. The problem with Canada is that the Parliamentary System does not allow the people to vote for who should lead the country. Carney would never become president in the United States, where 42% would be the loser. The problem is that governments are cobbled together with coalitions, and this is what prevents any true economic progress for the future.
The LEFT has been declining since its high in 1949, necessitating coalition governments to remain relevant. Trudeau only won 32.62% of the vote in 2021. Carney should beat that since the 2021 election was most likely the bottom of a 72-year cycle. Additionally, the higher percentage of the workforce employed by the government in Canada naturally gives them an edge over conservatives. The rate of the US workforce employed in government is 13.8%, compared to 18.6% in Canada. This is what has lowered the Marxist view of “income equality” in Canada vs the USA.
We will do an Update on the threat of Canada Splitting soon.
Posted originally on Apr 26, 2025 by Martin Armstrong
COMMENT: Nigel Farage said that your WEC events were the “alternative to Davos,” but you also don’t gouge people as Schwab does. He charges between 500,000 and 700,000 CHF to be a member and 27,000 CHF to attend Davos. Your forecasts come true, theirs never do. Our firm did not renew for 2025 after Trump won the election. Our board follows your projections, not those of the World Economic Forum (WEF). You’re correct, you went there only for political connections, not for the forecasts. Their failure to achieve Agenda 2030 is apparent. Schwab’s board members have been placed in high positions, from the ECB and the EU, as well as with the gullible like Trudeau and Carney in Canada.
Nigel’s Reform Party is now also in first place. This is because he shares your philosophy, not Schwab’s.
You are the only real forecaster and the genuine alternative to Davos.
DH
REPLY: Thank you. In all honesty, Schwab was never right because he is an academic caught up in the Marxist theory that the government has the power to control and alter the direction of the economy and society. Nobody has ever been able to change the business cycle, let alone “flatten the curve” of a virus.
He stuffed political positions with his star pupils and bragged about infiltrating so many cabinets, especially those of the Liberal Party in Canada and in New Zealand.
The lockdown destroyed the economy because these people only look at a single issue and cannot understand that (1) we are all connected, and (2) the lockdown failed to reverse the climate change nonsense, which was the fundamental objective, nor did it stop the virus that comes back seasonally. The WEF was proud of the lockdowns.
What they just did to Schwab is consistent throughout history: the LEFT is always the most violent. They always view themselves as the victims of the RIGHT because they work for their money and get ahead. The LEFT revolutions of 1848 and the early 20th century have killed hundreds of millions. Nothing will ever change in this regard.
Posted originally on Apr 25, 2025 by Martin Armstrong
Peter Brabeck-Letmathe has replaced Klaus Schwab as the acting CEO of the World Economic Forum in what appears to be a stage coup. The 80-year-old Austrian businessman spent his career working for Nestle, moving through the ranks from 1968 to 1997 when he was appointed CEO, a position he held until 2008. He remained at Nestle as a chairman until 2017, when he was appointed as Chairman Emeritus.
Brabeck-Letmathe held board memberships with Credit Suisse, Roche, Exxon Mobil, L’Oréal, and Salt Mobile SA. He was the founder and chairman of the 2030 Water Resources Group (WRG), a public-private partnership within the World Bank.
The 2030 Water Resources Group (2030 WRG) is a global multi-stakeholder partnership that brings together governments, the private sector, and civil society to address the growing challenges of water scarcity and water management worldwide. This program was first launched at the WEF’s Davos in 2008, and naturally, Nestle is a major partner as well. Demand for water will outweigh supply by 2030, the group insists, and its goal is to manage the world’s water supply.
Nestle extracts free-flowing water, bottles it up in plastic containers, and marks it up for a profit. The company has acquired water extraction rights across North America, permitting it to extract large volumes of water from public lands, springs, and aquifers, often siphoning far more than the law permits. The company effectively found a way to privatize access to water. Many communities have gone without water due to the company’s control over the water supply. The company has no concern for the environment or human rights, and this is merely the tip of the iceberg in terms of their corrupt practices.
What better way to control the masses than to control the water supply? Remember, the World Economic Forum has strongly advocated banning independent farming and gardening. Everything they ban is under the premise of protecting the climate, but as you can see, the new WEF CEO has never cared about the environment.
The WEF partnered with the United Nations to encourage “global policy coherence” and increased investment to manage the world’s water supply. It is no conspiracy – globalist entities are scheming ways to manage our water usage. These unelected entities believe they can deem what constitutes essential and non-essential water usage. Brabeck-Letmathe believes 98.5% of freshwater used for farming and agriculture should be classified as an economic good that is priced according to reduce waste. Controlling the water supply will permit them to also control the food supply.
Peter Brabeck-Letmathe has spent a lifetime studying methods for privatizing water. In the video above, Brabeck-Letmathe said that Klaus Schwab asked him why he wanted to focus on water over CO2 and the Earth’s warming. “I think our real problem is more urgent—it’s on the water side.” He later noted that governments must first believe that they have a water crisis and then partner with the private sector to solve this new problem. Agenda 2030 did not die with Schwab’s departure. There is a new leader at the helm and a new focus to usurp ultimate control over the global population.
There has been a Coup at the WEF for nefarious Reasons,, which we will discuss separately on the weekend
Posted originally on Apr 25, 2025 by Martin Armstrong
Federal Reserve Governor Michael Barr is urging banks to begin collecting behavioral and biometric data from customers to combat deepfake digital content created through ID. These deepfakes are capable of replicating a person’s identity, which “has the potential to supercharge identity fraud,” Barr warned.
“In the past, a skilled forger could pass a bad check by replicating a person’s signature. Now, advances in AI can do much more damage by replicating a person’s entire identity,” Barr said of deepfakes, which have the “potential to supercharge identity fraud.”
“[We] should take steps to lessen the impact of attacks by making successful breaches less likely, while making each attack more resource-intensive for the attacker,” Barr insists, believing that regulators should implement their own AI tools to “enhance our ability to monitor and detect patterns of fraudulent activity at regulated institutions in real time,” he said. This could help provide early warnings to affected institutions and broader industry participants, as well as to protect our own systems.”
Barr would like banks to begin sharing data to combat fraud. Deepfake attacks have been on the rise, with one in 10 companies reporting an attack according to a 2024 Business.com survey. Yet, will our data be safer in the hands of regulators?
The Office of the Comptroller of the Currency (OCC) fell victim to a cyber attack after discovering that hackers had been accessing their emails for over a year. Hackers found their way into an admin account, permitting them to access internal communications of over 100 banking regulators. Former Treasury Secretary Janet Yellen had her own computer hacked by Chinese state-sponsored actors who used a third-party vendor to access sensitive, unclassified documents.
Regulators have been unable to protect themselves, but they believe that they can protect us if we continue to share our valuable data. All freedoms are relinquished in the name of protection.
Posted originally on CTH on April 24, 2025 | Sundance
As most of you know I have been traveling extensively. However, a strange thing happened today upon return through the airport.
Apparently, all of the test pilots for biometrics, real ID etc. are now linked and active. As I approached the passport control kiosk with my passport in hand, the gentleman said “welcome back, enjoy the rest of your day,” and that was it.
I stood there for a second, asked if he needed my passport and he said, “no, you’re good. Go on through.” It seems the facial recognition software is live. You no longer need to show your U.S. passport or any ID when arriving through U.S. international passport control.
Now, I should say I have never signed up for TSA pre-check, Fast Track, or any other kind of Global Travel authentication. I have always opted to just be a grey traveler with as little a footprint as possible. I reentered the U.S. the same way in February and needed to show the traditional passport, etc. However, this time in April it was totally different. There is no longer any paperwork or documentation needed. It actually, seemed a little weird.
I should also note the U.S. “opt-out” for facial scans is a little bit of a ruse; the reason is when you depart from a foreign country, destined to the USA, the facial recognition is mandatory. The U.S. Dept of Homeland Security, TSA and Border Control, require all countries to authenticate the U.S. destined traveler at the point of exit. It’s not optional in other countries, you either comply or you don’t get to come home to the USA.
Because it’s not optional in other countries, and because the database is connected to the U.S. border entry system, the fact you can opt-out of having your picture taken inside the USA is moot; your facial impression is already captured at your point of departure from the foreign country and shared with U.S. homeland security.
This appears to be how the interconnected systems are now recording travel. By the time you reach the U.S. entry point, they already have a database of your biometrics to match your entry. Cameras located facing toward the traveler as they approach the kiosk, cross reference the data and the passport control officer knows exactly what authorities for entry you carry as you approach. Showing documentation such as your passport is no longer needed.
As I mentioned this on my X-account, several people affirmed to have recently experienced the same entry process. Physical passports are no longer required regardless of whether you have opted-in to some pre-registration fast track travel system. You simply walk through the passport checkpoints now and collect your luggage.
I have seen this in several countries with varying degrees of technological advancement. However, it was usually when you are connecting from one flight to another within a singular international airport. This is different. This is the TSA/DHS database fully active with biometric, facial recognition scanning that you cannot avoid.
This process is obviously unavoidable now and given how much research CTH has done on the AI aspect to facial recognition (Palantir software), real id and enhanced biometrics that were being tested in various transportation hubs, it looks like the system is now fully active. April 5th was the universal deadline for “Real ID” rollout, and I’m guessing sometime around then was the trigger date for the live activation of the system I just experienced.
All of that said, this notification by me is not to raise any alarms, it is simply to raise awareness. The system is active, and you will likely experience it if you travel outside the USA and then reenter.
Everything seems cool, until you start to think about your biometric identity being attached to some form of travel approval. Owe the govt money, you don’t get to travel until the issue is resolved etc. You can see how this ‘slippery slope’ will likely play out. Additionally, it does not take a deep weeds thinker to expand the consideration when this DHS/TSA system is in the hands of a certain type of political ideology in charge of it (weaponizing it).
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