Posted originally on CTH on July 1, 2025 | Sundance
If my data alignment points are accurate, now that the BBB is passed through the Senate we are likely to see some very major geopolitical changes come rushing to the surface.
Keep watching and let’s see if things happen the way we expect.
WASHINGTON DC – The Pentagon has halted shipments of some air defense missiles and other precision munitions to Ukraine due to worries that U.S. weapons stockpiles have fallen too low.
[…] In a statement following the publication of this story, White House Deputy Press Secretary Anna Kelly said that the decision “was made to put America’s interests first following a DOD review of our nation’s military support and assistance to other countries across the globe. The strength of the United States Armed Forces remains unquestioned — just ask Iran.”
Included among the items being pulled back are missiles for Patriot air defense systems, precision artillery rounds, Hellfire and other missiles that Ukraine launches from its F-16 fighters and drones.
The losses will surely be felt on the ground as Ukraine continues to beat back fresh assaults by Russian forces. (read more)
In related news not getting attention, French President Emmanuel Macron had a two-hour phone call with Russian President Vladimir Putin today. [LINK] Also, Volodymyr Zelenskyy called the president of Azerbaijan today, an ally of Putin [LINK]. Azerbaijan is to Russia as Mexico is to the United States.
Posted originally on CTH on June 29, 2025 | Sundance
“Elbows up” and knees bent. As expected given the nature of their dependency, the Canadian government has rescinded the digital services tax against U.S. tech companies.
The June 30th collection is halted and the Canadian government led by Mark Carney will be bringing legislation to rescind the tax entirely.
CANADA – […] Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced today that Canada would rescind the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade arrangement with the United States. Consistent with this action, Prime Minister Carney and President Trump have agreed that parties will resume negotiations with a view towards agreeing on a deal by July 21, 2025.
The DST was announced in 2020 to address the fact that many large technology companies operating in Canada may not otherwise pay tax on revenues generated from Canadians. Canada’s preference has always been a multilateral agreement related to digital services taxation. While Canada was working with international partners, including the United States, on a multilateral agreement that would replace national digital services taxes, the DST was enacted to address the aforementioned taxation gap.
The June 30, 2025 collection will be halted, and Minister Champagne will soon bring forward legislation to rescind the Digital Services Tax Act. (LINK)
In the bigger picture Canada has a serious problem.
Canada is entirely dependent on the USA; there is no part of the Canadian economic system that can survive without total dependence on the USA. The Canadian economy is currently stagnant and their leftist government is desperate to find a way to collect revenue somehow, any way possible. Additionally, President Trump is going to end the USMCA trade agreement and shut down a majority of the benefits Canada has been extracting.
The most remarkable aspect to this reality is the denial within Canada. There are maybe a handful of honest Canadian economists, financial types and/or pundits who understand economic matters that are willing to outline and explain the details of Canada’s vulnerability…..
…. The rest are in denial, shouting ‘elbows up’ as if that is going to change the inevitable. The pretending is strong amid the snow Mexicans. Their denial is a mass formation psychosis. Stunningly so.
Posted originally on CTH on June 28, 2025 | Sundance
CTH has continually said that almost no one in Canada has any grasp of what is about to happen within their economy, specifically because only a handful of people realize what President Trump intends to do.
This interview with Kevin O’Leary is a case study in what I have been warning about. If you have any financial affiliation with O’Leary Ventures or ancillary investments that touch on a dependency therein, be forewarned.
O’Leary is only a few months away from exploding against President Trump in a manner that will make the Elon Musk statements about Epstein and Trump seem small by comparison. As yet another Canadian financial voice that just doesn’t get it, O’Leary has no idea the USMCA is about to end. And when it does, oh boy… he will go bananas.
Posted originally on Jun 26, 2025 by Martin Armstrong
World Economic Forum founder Klaus Schwab stepped down from his chairman position at the organization on April 20, 2025, amid accusations of fraud. Our computer had forecast that the WEF would enter a declining trend with the 2024 ECM turning point. This staged coup happened about 37 years after the first Davos meeting (8.6 x 4.3). From our model’s perspective, this was right on time. Now, Schwab and the WEF are working to repair ties.
An anonymous whistleblower claimed that Klaus Schwab and his wife collaborated with USAID to steal tens of millions in funding. The whistleblower has always been anonymous, and it remains very suspicious that the very organization he created would turn on him after receiving an anonymous letter that they admitted may not have been credible. Something like this would never be acceptable in any court of law, especially if it’s anonymous. It would be the worst or the worst hearsay, where you cannot even point to who made the allegation.
Back in April, the WEF said its board unanimously supported the decision to initiate an independent investigation “following a whistleblower letter containing allegations against former Chairman Klaus Schwab. This decision was made after consultation with external legal counsel.”
Now, the WEF is attempting to repair its relationship with its founder ahead of the next Davos meeting. Bloomberg reported that the WEF would like to “normalize their relationship [with Klaus Schwab] in order to safeguard the forum and the legacy of the founder.”
Peter Brabeck-Letmathe has replaced Schwab for the time being, but is less of a commanding force. Schwab’s sudden departure has caused instability in the organization and its ongoing mission. Board members are concerned that support for the organization will begin to decline as this situation remains unresolved.
The World Economic Forum’s annual revenue in 2024 was 440 million francs ($543 million), with the majority of proceeds coming from member companies and fees. Yet, the number of people registered to attend the 2025 Davos event is on par if not slightly exceeding the number of participants from the year prior.
Schwab’s departure has damaged the Davos brand. There is a possibility that the organization is attempted to rebrand after Agenda 2030 failed. The WEF attempted to move away from its zero tolerance stance on ESG initiatives after they became widely unpopular among the big industry players and shifting governments. The brand has attempted to integrate the importance of digital transformation and AI to remain relevant as the tech gurus grow in power and popularity. Those who are familiar with Klaus Schwab know the phrase, “You will own nothing and be happy.” These words have been widely unpopular and caused a type of sinister chaos to surround the brand that was once respected as the high-brow institution of globalist elites.
European Central Bank President Christine Lagarde was slated to replace Schwab in 2027 when her term ends, and all reports claimed that he was prepared to remain in the chairman role for an additional two years to ensure Lagarde could take his place. What changed seemingly overnight that would cause the organization to discard Schwab before he was due to retire?
Schwab denies any misconduct and filed lawsuits against the whistleblowers, calling the accusations “calumnious” and “unfounded.” He believes “character assassination” was the premise of the claims.
I am no fan of Klaus Schwab, as everyone knows. I disagree with his theories from start to finish. Nevertheless, something doesn’t smell right here. This appears to be an internal coup, perhaps to distract attention from the question of alleged funds for the WEF from USAID, or to try to salvage the failed Agenda 2030. Perhaps they will claim that no misconduct had occurred since DOGE did not raise concerns or there is a possibility that those behind the internal coup are concerned that Schwab’s counter lawsuit could uncover new corruption. The investigation into Schwab has not concluded, but after only three months, the WEF would like to wrap it up. It appears that the WEF does not want to welcome Schwab back; rather, they would like to ensure an amicable resolution to maintain both the brand’s reputation as well as the founder’s.
Posted originally on Jun 25, 2025 by Martin Armstrong
The neocons would never permit a true ceasefire. The war in the Middle East must continue in order to broaden the West’s conflict with Russia. Russia is not permitted to remain neutral, despite Putin’s insistence. Follow the money—NATO has assembled $40 BILLION to prolong aggression against Russia.
“Let’s not forget, Iran is heavily involved in the fight of Russia against Ukraine by, for example, their drone deliveries, which are killing innocent Ukrainians every day, in cities, in communities, without any respect for life,” Rutte said. Russia has paid Iran for defense and drones throughout the conflict in Ukraine, and therefore, the neocons believe Russia should be held responsible for the war in the Middle East.
Russia has successfully fended off NATO and the weaponization of Ukraine by the West. The messaging put forth by NATO aligns with Socrates’ predictions—the worst is yet to come and we have mass panic cycles occurring in nearly every major economy in 2026. The reason cannot be provided by the computer, but historically, we only see such an uptick in activity during times of global conflict.
“You will see important language about Ukraine, including connecting the defense spending up to 2035 to Ukraine, and the need for Ukraine to stay in the fight,” Rutte said. “This is a clear commitment by allies.” They likely expected Russia to fold earlier, but they will not give up their battle. Rutte specifically mentioned that Europe and Canada, and not the United States, are aligned in their unwavering financial support for Ukraine. “And we have – I can announce that now – new estimates showing that our European and Canadian Allies have stepped up and have already pledged – where we originally would have been able to announce €20 billion over the first three months of this year, it is now they will provide over €35 billion ($40.6 billion) in additional security assistance to Ukraine for the year ahead.”
Rutte said that Ukraine’s path to NATO is “irreversible.”
The next player up to bat is China. The neocons WILL find a method to break Beijing’s neutrality. It matters not that everyone is a trade partner; the specific trade deals that displease the neocons will be highlighted as a reason for war.
“The most significant and direct threat facing this Alliance remains Russia. Moscow continues to wage war against Ukraine with the support of North Korea, Iran, and China as well as Belarus.” NATO Secretary-General Mark Rutte.
China will partner with Russia when they are forced out of neutrality. The West has never desired diplomatic relations with China as it has always been an enemy nation. China’s growing global influence is a direct threat to the West’s power and those moving the chess pieces genuinely believe that NATO can decimate Russia, China, and Ukraine. Our computer does not agree with them.
Posted originally on Jun 25, 2025 by Martin Armstrong
Spain will be unable to meet NATO’s new 5% of GDP membership requirement. In the latest round of a nation rebuking a globalist entity that dampens its sovereignty, Spain has broken step with the European Union and NATO by admitting that Russia poses no immediate threat.
NATO is set to meet for the first time since Donald Trump’s re-election and Rutte is insistent that member nations up their contributions to appease the bloc’s largest contributor. Trump has repeatedly warned that the US would reduce or pull funding from NATO if other nations failed to meet their 2% of GDP requirement. Trump declared that Russia posed no immediate threat to the US and accused Europe of over-relying on America for protection.
Rutte would now like to raise that 2% target to 5%, which is a significant increase. The new budget proposal will allot 3.5% of spending on military expenditure,s and 1.5% will be spent on defense-related items like cybersecurity and military mobility.
Spain contributes the least to NATO in terms of GDP compared to other members, spending an estimated 1.28% of its GDP. Spain is the fourth-largest economy in the Eurozone, and other members do not believe it should get a free pass. Spain’s economy grew by 3% last year, far surpassing the Eurozone average of 0.08%. Yet, the government sees no value in spending on NATO when the war is isolated to Ukraine.
“Our threat is not Russia bringing its troops across the Pyrenees,” Sanchez said, referring to the mountain range dividing France and Spain. “When we talk about Russia it’s more a hybrid threat. It’s the threat of cyber attacks. So what we have to do is not just talk about defense, but fundamentally talk about security.” He admitted that he does not believe Putin has plans to conquer Europe, breaking from the ongoing EU neocon narrative.
Previously, nations would need to unanimously vote on new spending policies. “Of course, it is not our intention to limit the spending ambitions of other allies or to obstruct the outcome of the upcoming summit,” the Sánchez letter reads. It no longer matters what one member nation believes, as unanimity is no longer required among any centralized power, be it the European Union or NATO. All members must adhere to the plans of the unelected bureaucrats, and those plans clearly detail an escalation in warfare.
Posted originally on CTH on June 21, 2025 | Sundance
This is madness. Ukraine President Volodymyr Zelenskyy sends a twitter message as if he’s ordering coffee from the guy down the street, telling NATO members not to forget to send him his $40 billion in “budgetary support.”
Budgetary support means we pay for the operational cost of Ukraine government, including govt payrolls, pensions, healthcare services, welfare and social services for the people in Ukraine.
The crazy thing is, unless Trump stops it, our congress will give it to him. And even if Trump tries to stop it, congress will demand the payment as part of their appropriations process.
Maybe it’s just me, but the in-your-face hubris of it is, well, just off-the-charts. As if we don’t have important priorities here at home that could better use these taxpayer funds.
Posted originally on Jun 12, 2025 by Martin Armstrong
While domestic small businesses suffered under Biden-Harris, Ukraine saw a boost in their small business thanks to billions in grants that were paid for by the US taxpayer. USAID subsidized Ukrainian businesses through co-investment programs, interest rate compensation on loans, cashback incentives for leading equipment, and direct financial support. All in all, USAID’s “Investment for Business Resilience Activity” provided $100 million in investments.
The Bureau of Labor and Statistics was altering data on domestic jobs while other branches of the government were focused on maintaining Ukraine’s workforce. The aforementioned USAID program supported over 1,050 businesses and allegedly saved nearly 18,000 jobs.
USAID was working directly with Ukrainian banks to help lower borrowing costs to small and medium enterprises. Trump immediately halted this program in January 2025. The average person simply does not understand how much money the Biden Administration was sending to Ukraine.
US taxpayers supported the entire Ukrainian government. Over $30 billion was sent to Ukraine in a two-year period to pay for “essential government operations.” Americans were forced to pay for public servants’ salaries, pensions, healthcare, and more. None of this includes the tens of billions spent on military-related items or humanitarian aid.
Americans did not vote to use their public funds in this manner. The domestic economy was suffering from record inflation post-COVID. Domestic entrepreneurs could not secure business loans. There is a clear pattern of one political party prioritizing foreign entities over its own citizens.
Now, the Trump Administration announced that it needs to make additional cuts to Ukrainian assistance. “This administration takes a very different view of that conflict. We believe that a negotiated peaceful settlement is in the best interest of both parties and our nation’s interests, especially with all the competing interests around the globe,” US Defense Secretary Pete Hegseth explained. The complete 2026 budget has not yet been released by the Pentagon, but Hegseth said it “provides a historic level of funding for military readiness, putting (U.S.) warfighters and their needs first.”
Using American funds to prioritize America—what a novel concept. This is why Trump and Vance had a shouting match with Zelensky during his failed Oval Office visit. Zelensky feels entitled to US funding after years of using US public funds as his personal ATM under Biden.
The European Union now funds around84% of Ukraine’s operations. It is expected that the bloc will spend around $40 billion on external financing needs in 2025. The Ukraine Facility instrument provides €50 billion in “flexible support” for Ukraine over a three-year period. They’re using frozen Russian assets to fund this account since the EU simply does not have the money to prop up a foreign government.
This has been an extremely expensive war and it is nowhere near over. I should add that US assistance was all provided outside the regular defense budget. This occurred during peacetime in a war that in no way involved the United States. This is what happens when a foreign nation blackmails the president of the world’s leading superpower.
Biden’s crime family received over $20 million from Ukraine in “influence peddling” schemes. Hunter Biden secured $11 million for his personal company through Burisma. FBI informant, Alexander Smirnov, said under oath that Burisma selected Hunter to “protect us, through his dad, from all kinds of problems.” The text messages stored on Hunter’s laptop revealed that he openly threatened people using his father’s name while his father was the vice president. Joe Biden accepted bribes and altered US policy to support his son and line his pockets. The CCP also had the Biden family in their pocket.
Decreasing, if not ceasing, funding for Ukraine is long overdue. Imagine if those funds were invested in the domestic economy rather than laundered through under-the-table deals. Americans are not responsible for subsidizing Ukraine.
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