Posted originally on CTH on February 26, 2025 | Sundance
Canada’s top-four Moonbats held a debate to decide which of the leaders of the Snow Mexicans will take control of the party now that Justin Trudeau is leaving. Chryistia “take your bank account” Freeland is the top contender.
For the Snow Mexicans, the #1 priority is fighting U.S President Donald Trump. No other issue had anywhere near the level of importance or time during the debate. Every facet of the leadership debate centers around how to confront, attack, and “outwit” President Trump. [Full Debate Here]
When you listen to four professional Canadian leftists explain how they will control the Canadian government and what their plans are for the future, you realize just how lost the nation of Canada has become. To wit, hearing Chrystia Freeland explain how she will bring together a nuclear armed international alliance to fight President Trump, is really something special. Here’s a few soundbites:
“The US is turning predator, and so what Canada needs to do is work closely with our democratic allies, our military allies. I would start with our Nordic partners, specifically Denmark who is also being threatened, and our NATO European allies. I would be sure that France and Britian were there who possess NUCLEAR WEAPONS and I will be working urgently with these partners to build a closer security relationship that guarantees our security in a time when United States can be a threat.”
Posted originally on Feb 21, 2025 by Martin Armstrong
Martin,
I polls just like in the US are never correct. There’s no doubt that many Canadians suffer from Trump derangement, my guess is most Canadians still view the US in a favorable light.
As you are aware Canada really doesn’t produce very much any longer, we’ve become a very unfriendly Country to do business in. With the pending changes to the Capital Gains tax, it will completely kill small businesses.
I really believe what we are witnessing is a well executed plan to continue to decide the people and the media is the main propaganda tool.
The same people who control the media are the same people who are part of the evil and corrupt system?
SYSTEM OF CONTROL.
Crimes against Humanity.
You are not meant to think for yourself.
You are not meant to challenge their power [control].
Obey and accept.
Illusion of Democracy.
Illusion of Freedom.
Why does the media push division?
Why does the media incite violence?
Why does the media pit race v race?
Why does the media pit religion v religion?
Why does the media pit sex v sex?
Why does the media pit class v class?
Divided you are weak.
Divided you fight each other.
Divided you pose no threat to their system of control.
UNITY IS STRENGTH.
UNITY IS POWER.
UNITY IS HUMANITY.
Controlled media plays a major role in shaping the narrative(s) to keep you mpowerless [helpless] and asleep [unaware of truth].
Posted originally on Feb 21, 2025 by Martin Armstrong
The once strong alliance between Canada and the United States has come to an abrupt halt. More so than tariffs, Canadians were offended when President Donald Trump continually stated that America should absorb Canada as the 51st state. A recent poll found that over a quarter of Canadians now see the US as an enemy nation.
The Leger survey of 1,500 Canadians and 1,000 Americans found that 27% of Canadian respondents view the United States as an “enemy,” although 30% still consider the neighboring nation an “ally.” On the flip side, only 1% of Americans see Canadians as an “enemy,” with 56% believing they remain an “ally.”
Canadians from every political party expressed unfavorable views of Donald Trump. Overall, 74% of respondents do not see him in a favorable light. Conservative Party members were most likely to have a favorable view with 27% approving of the US president and only 18% deeming the US an “enemy.” Only 21% of Liberals and NDP supporters see the US as an ally, with 34% and 47% deeming America an “enemy” nation.
There have been calls throughout Canada to boycott American products. Amazon revealed it would be closing its Quebec warehouse, eliminating 2,000 jobs, leading to a widespread call among Canadians to boycott Amazon and cancel Prime memberships. Others are calling for a boycott on other American streaming services like Netflix and Disney.
Canadian consumers are boycotting American food items. I have friends in Canada who have said that US products have been sitting on the shelves at a discount as Canadians no longer wish to contribute to the US economy. Even certain coffee shops have renamed the “Americano” espresso drink to the “Canadiano,” and many have begun boycotting American fast food chains like Starbucks and McDonald’s. Some are calling for a travel boycott and urging fellow Canadians to vacation elsewhere for at least the next four years until Trump is out of office.
Anti-American sentiment will only rise if these tariffs go into effect. Trump told Canada that the US was subsidizing its economy and no longer considered it a vital trading partner. Americans would understandably take offense if another world leader suggested that Americans abandon sovereignty to join a foreign nation. The only positive is that this patriotic nationalism has repaired domestic tensions among Canadians amid much political turmoil.
Posted originally on Jan 21, 2025 by Martin Armstrong
Stéfane Marion, chief economist of the National Bank of Canada, has urged the Canadian government to reconsider their own trade barriers amid criticism of Donald Trump’s proposed tariffs. The International Monetary Fund (IMF) stated in a 2019 study that Canada’s own restrictions are “regarded as the most comprehensive analysis of internal trade barriers.”Rather than tariffs, Canada’s eagerness to attract foreign investments has proved to be a barrier for domestic corporations.
Canada has trade agreements with over 40 nations as it has sought to attract international capital since 1989 since its first free trade deal with the USA. “[C]ompared to an ambitious and successful international trade strategy, progress in reducing internal trade barriers across Canada has not kept pace,” the IMF noted. The astounding amount of red tape has simply made it more expensive for Canadian companies to conduct business. Some estimates believe non-geographical internal trade barriers in Canada are equivalent to a 21% tariff. On the contrary, those barriers amount to a 3% tariff for the United States.
Marion noted that interprovincial trade relevant to international trade has declined from 50% to 40% in recent decades. The Canadian Federation of Independent Business has long fought for government to stop taxing its own corporations into oblivion. “It’s ridiculous that it’s still easier for Canadian small firms to do business overseas or across the border than within their own country,” said Chorine Pohlmann, CFIB’s executive vice president of advocacy.
Canadians are ready to welcome fresh leadership after Trudeau’s failure. Trump’s proposed 25% tariffs on Canadian goods would be disastrous for both economies. However, the Canadian government has shot itself in the foot with policies aimed at boosting international trade while ignoring domestic objectives. We have seen that happen countless times throughout history when nations are so focused on world trade that they end up dampening their own competitiveness. Canada must consider the steps it can currently take to boost business domestically without punishing companies from operating within Canada.
Posted originally on Jan 21, 2025 by Martin Armstrong
Russia’s CPI reached 9.5% this December as government spending has pulled the reigns away from the central bank. Inflation elevated from 8.9% YoY in November to 9.5%, slightly below expectations of 9.7%. Prices are up 1.3% on a monthly basis overall, but Russians are feeling the impact of war.
Services from 11.4% to 11.5% on the yearly while non-food goods are up from 5.7% YoY to 6.1% Prices at the grocery store have soared from 9.9% YoY to 11.1% as Russia struggles to find reasonably priced imports. Core inflation is up 1% monthly, but up 10% over the past four quarters. The central bank is lightyears away from its 4% inflation target. The spread between rates and inflation is a concerning 11.5%.
Russia’s Central Bank maintained its policy rate of 21% in December. This is not a money supply issue and government cannot curtail spending amid a rapidly escalating war effort. The Kremlin pumped 10 trillion rubles ($100 billion) into military spending last year and that figure will continue to grow. Russia’s economy still grew by 4% in 2024 as it adapted to trade without the West.
Analysts had expected the central bank to raise rates in December, but that would not have deterred government borrowing. The Kremlin also required banks to issue state-direct soft loans to military defense contractors for 25 trillion ($250 billion). As we are seeing in Russia, there is absolutely nothing more inflationary than war.
Posted originally on Jan 16, 2025 by Martin Armstrong
QUESTION: I understand that you dispute that cryptocurrency is a store of wealth because it is outside the central banks. Is this your position? Could you explain?
Respectfully submitted
Josh
ANSWER: Whoever made up this BS is most likely from the Deep State trying to control capital flows and economically imprison everyone. There is ABSOLUTELY NOTHING that is a store of wealth. Looking, Investopedia defines this term:
“What Is a Store Of Value?
A store of value is an asset, commodity, or currency that maintains its value without depreciating. “
It does not matter what money might be. There has been a boom and bust in every economy regardless of what they have used for money. This is an entirely Marxist Utopian idea. Why? Because to be some store of value means it CANNOT FLUCTUATE!!!!! This has stemmed from people who (1) do not understand that there are business cycles and (2) think, like Keynes and Marx, that the government can eliminate the business cycle and smooth out the economy. I had a conversation with Paul Volcker, former Chairman of the Federal Reserve. Paul admitted that the business cycle always won and that the “new economics” (Keynesian Economists) failed back in the 1970s (see his Rediscovery of the Business Cycle).
Arthur Burns, Fed Chairman, came up with the same conclusion when Bretton Woods collapsed: that the business cycle always wins. Everything rises and falls based on supply and demand. Anyone telling you that Bitcoin is a “store of wealth” is either outright lying to you or they are ignorant of what they are talking about. Nothing ever is a store of wealth because everything rises and falls.
This is why the central banks cannot control inflation, no less money supply. I you sell an office building for $1 million to another person in your country, the money supply is not impacted. However, if you are in Britain as back in 1985, when the pound fell to $1,03, Americans were buying up everything like it was on sale at Harrods. The Brits thought the Yanks were crazy buying at the top of the property market and they were wrong for everything boomed thereafter. Why?
If I bought an office building in London at that time, I would have to bring in the cash from America, convert it to pounds, and buy the building. Thus, I increased the domestic money supply with important cash, and the central bank had nothing to do with that. NOTHING is a store of wealth EVER, no matter what it is, because everything will rise based on demand and crash when you can’t give it away.
This is why empires rise and fall. Nothing has ever remained a flat line in terms of value.
Posted originally on Jan 10, 2025 by Martin Armstrong
QUESTION: Hello, thank you for unique comments and alternative views on the Russia-Ukraine war as regards to Nato expansion and neocons et cetera. We sure seem to be racing towards WWIII.
It would be interesting if you would care to comment on the inability of Russia, despite support on the ground from North Korea, to kick out Ukraine’s counter-invasion in Russia’s Southern Kursk region. Is it a sign of weakness from Russia’s military or is it some kind of Russian 3D-chess tactic? What if Mexican tanks rolled into Arizona or Canadian tanks invaded New Hampshire?
Kind regards,
JH
ANSWER: Unfortunately, our NEOCONS project the image that the USA is an imperial power that wants to conquer the world. In turn, this has only emboldened the NEOCONS inside Russia and China, and they judge all Americans by the actions of our NEOCONS because nobody will speak up or dare to challenge them.
Vide
Having two employees in Ukraine certainly helped when we have people on the ground to get to the truth. I warned the computer had projected Ukraine was the place where World War III would begin. The NEOCONS protected the Ukrainian Nazis, despite the fact that the horrors they committed even shocked the Germans from documented cases of cutting out babies from pregnant women and sowing in a live cat. This is just the tip of the iceberg when it comes to Ukraine – a very dark side.
The deliberate fake peace negotiation to buy time to build this army to invade Russia was just deplorable. The mere fact that Merkel was part of this deception to create World War III intentionally was unbelievable. Why would anyone negotiate with the West when they lie about everything?
The problem we face is that this authorization for Ukraine to use long-range missiles to attack Russia while losing the Donbas daily demonstrates that Zelensky is a real Judas taking orders from the NEOCONS, and this is to weaken Russia. They may be able to weaken Russia conventionally to prepare for a NATO invasion using some false flag perhaps by May this year, but they are counting on the fact that Russia will never push the button, so they will be able to walk in and conquer the country dividing the spoils of war.
I do not see that scenario succeeding according to our computer. If I were a Russian, I would push the button and destroy all of Europe if they invaded Russia. They NEVER consider what if they are wrong! Be on guard for 2026 into 2027. Weakening Russia conventionally reduces its defense to nuclear. Hello! How stupid can these people be? Why do you think the dollar elected 3 Yearly Bullish Reversals at the end of 2024? While everyone is focused on the Fed and Debt, they are not paying attention externally to the US economy. NATO is a threat to world peace!
Posted originally on Dec 30, 2024 by Martin Armstrong
QUESTION: Regarding CBDC, will they convert all the savings/cash in your bank account, will they convert everything in your brokerage accounts (all stocks etc.) will they go after gold and silver you have in storage (Brinks, for example)?
KS
ANSWER: Everything will be converted to the new CBDC. The money in your bank account is already just an electronic book entry. This is why banks are closing branches everywhere in the USA as well as Europe. They are preparing for CBDCs, which means without physical paper money, bank branches are no longer needed. You can deposit a check on your phone. The only thing left for a branch is safe deposit boxes, and the government assumes you are hiding cash there anyway. So kiss your local branch goodbye. The local bank I used because it was the closest has closed, and it is now a 30-minute ride to the closest one still open.
The monetary system will still function as normal. The exchange will probably be one-for-one. The main purpose of this is to destroy the underground economy to be able to tax everything – even the 16-year-old girl next door you hire to babysit while you go out to dinner and that $100 bill you found in the parking lot that you cheated the government out of their 50% gift tax. We are all looked down upon as scum. They presume we are all guilty and the whole debt crisis is never their fault – it is you – we the people.
This is the natural progression of direct taxation – the complete loss of all liberty. This is why the Founding Fathers prohibited direct taxation. But the socialists seized the government and followed Marx to get the evil rich. It was introduced with the promise that only the rich would have to pay. They lied about that as well, for as soon as the income tax took place, simultaneously in the same bill, there was the payroll tax demanding employers withhold income from their workers.
The federal income tax of 1913 was accompanied by the fact that the law also attempted to withhold the brand-new income tax because the people were never to be trusted. Initial estimates were that the withholding provisions would yield two-thirds of income tax revenue, but in 1916, less than 5% came from withholding. Furthermore, employers’ simple lack of compliance led to a massive groundswell of opposition to the new withholding system.
The people realized that the government lied to get the 16th Amendment passed, and the state politicians voted for it because it allowed them to also allowed them to impose income taxes at the state level. Even cities joined the money grab, imposing city income taxes. Every layer of government now had the right to extort money from the people based on their income, requiring disclosure of their personal lives. You gave your children money, which was circumventing income tax, so they rolled out the gift tax. , which fueled the corruption on a massive scale. The Revenue Act of 1862 included an inheritance tax and gift tax, which applied to transfers of personal assets. In 1864, Congress amended the Revenue Act, added a tax on transfers of real estate, and increased the rates for inheritance taxes. They have always used war to justify raising taxes, but they always remain in place thereafter. The War Revenue Act of 1898 implemented an inheritance tax of .74 % to 15%, which was used to fund the Spanish-American War. This is why the government loves to wage wars.
Posted originally on Dec 30, 2024 by Martin Armstrong
To a large extent, there is still much confusion regarding the creation of MONEY. Some people still think the government actually creates money as if it were in ancient times. When I say MONEY is no longer TANGIBLE, but it is VIRTUAL, many seem to fail to grasp just how much the world has changed. In ancient times, the state minted the coins AFTER 600 BC attempting to certify the weight to facilitate commerce. However, the government quickly learned that there was profit to be made, which is known as the “seigniorage,” referring to the difference between the intrinsic value of the metal and the declared value. In such a world, the state predominantly created money supply, discounting leverage from banking and counterfeiting.
Today that is about as far removed from how the economy functions as the next inhabitable planet. In the example I used that if a foreign investor buys domestic real estate, he is increasing the domestic money supply. The conversion of his local currency to the domestic currency is NOT dictated by some FIXED quantity created by the central bank. It is just electronic. Nobody actually prints anything , and the central bank does NOT even create electronic currency. It is just a book entry. Because the foreign investor is bringing in cash and buys a TANGIBLE object (real estate), the net amount of cash in the domestic supply of money increases the same when the Fed bought US bonds under QE2. Banking also LEVERAGES the economy by creating MONEY. If you have $1,000 on deposit and I borrow $1,000, we both now have accounts reflecting $1,000 each. Again, the state did NOT create that money.
It is once more a book entry. This is how a BANK PANIC will take place. You go to the bank trying to get your $1,000, but the bank actually lent it to me. As long as you do not try to take out that $1,000, everything is fine and dandy. Therefore, MONEY is not TANGIBLE, and it is purely VIRTUAL! The idea that MONEY is supposed to be some TANGIBLE object actually ended in 600 BC once government got involved and began to manufacture a profit from creating money. As long as the economy is free, then you are free to keep your wealth in whatever object you desire, be it gold or real estate. MONEY is NOT a store of value, for it has always fluctuated, rising in purchasing power in recessions (NOW) and declining in booms.
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