Posted originally on Jul 18, 2025 by Martin Armstrong
Merz is putting all of Germany in the crosshairs. His thirst for war with Russia makes him unfit to be in charge of parking meters for the government. Ask yourself if Germany were at war with Ukraine and Putin said Here are long-range missiles so that you can attack Berlin and Frankfurt, would Germany look to just Ukraine or to Russia orchestrating the whole war?
The tension will escalate starting next week. They will become more open by the week of 08/04, and then the week of 08/18.
To put this mildly, the Euro also has a Panic Cycle in 2026, as does our Cycle of War. Model. Merz is a traitor to the German people. The FIRST DUTY of any head of state is to protect his own people, not throw them into war on the directions of NATO and other warmongers. He should be dragged out of his office in chains. People often wondered if they could have stopped World War II if someone had assassinated Hitler. I fear they will one day hypothetically wonder the same about Merz.
Europe is pushing DESPERATELY for war. This is not going to end well. The third time will NOT be the charm for an attempted conquest of Russia. The EU will lose, and it will no longer exist. The target of 2026.03 will be the culmination of the 8th 8.6-year wave from the Treaty of Rome, signed in 1957.23. The final capitulation of the EU is expected by 2030.
Posted originally on CTH on July 18, 2025 | Sundance
White House Trade and Economic Advisor Peter Navarro takes a well deserved victory lap on the latest U.S. consumer sales news. The Census Bureau report, yesterday, highlighted that consumer sales remain strong at +0.6% – significantly higher than all economists forecast [DATA HERE].
Retail sales growth is important, because approximately two-thirds of the U.S. GDP growth is driven by consumer sales. With inflation low, retail sales high, and with a previously reported drop in U.S. imports, the ¹second quarter GDP is likely to be much stronger than anyone previously predicted. Thus, Peter Navarro is leaning forward against the naysayers.
This is essentially a repeat of the 2017/2018 economic outcome from President Trump’s first term in office. The tariffs, which are applied to the ‘cost’ side of the dynamic, are mostly being absorbed by major producing nations who are reliant upon export to the U.S. market. Simultaneously, the tariffs are generating income – essentially exfiltrating foreign wealth and returning those funds to the USA; a complete reversal of the rust-belt dynamic. WATCH:
What Peter Navarro outlines is the core of MAGAnomics. This is also the baseline for our CTH assembly in support of economic nationalism, which is why we ended up in conflict with the Chamber of Commerce Republicans.
Tariffs are a tool to leverage reciprocal trade, and as long as nations like China continue taking measures to subsidize their exports, the tariffs simultaneously take wealth (those subsidies) from Beijing and return it to the USA.
This reality has always been the model we predicted would be successful for Americans, and I will remind everyone that ONLY DONALD TRUMP could deliver this MAGAnomic program. Everything else, Epstein, Musk, etc. is chaff and countermeasures deployed by both Democrats and Republicans in an effort to take back control of the money flow.
Remember, Democrats want power – Republicans want money. Democrats use money to get power, while Republicans use power to get money. This is how the two wings of the DC UniParty vulture maintain status.
You can see that if you take away the money, Democrats lose power. Simultaneously if you take away control of the money, the Republicans go bananas. This dual reality forms the baseline of the elite club opposition against President Trump.
At the core of the opposition you find money, control of the USA treasury as a weapon. When you understand that aspect, you understand the motives of Federal Reserve Chairman Jerome Powell.
FED Chair Powell’s refusal to lower interest rates is an attempt to assist both wings of DC by trying -and failing- to influence the money flows. Democrats support Powell’s approach because they want power. Republicans are willfully blind to Powell’s approach because they want to get back in control of the money.
Pro-America economic policy, MAGAnomics, is like kryptonite to Washington DC.
¹The second quarter GDP (April, May, June) will be reported on the last Friday in July.
Posted originally on CTH on July 16, 2025 | Sundance
Well, what do you know? An interesting article about Canada suddenly proposing to put limits on the amount of Chinese steel and aluminum they import. Although missing in the article is a reference to what this means about the prior process that did not have such limits.
Essentially, if you drop the pretending within the Wall Street Journal/MSM narrative, the decision by Mark Carney to limit Chinese Steel is a direct admission of their knowledge to a preexisting level of imports that violated the USMCA and all previous demands to block imports of Chinese steel.
Trump always said Canada was a transnational shipper and entry into the USA. Trudeau and Carney previously denied this was the reality. Well, if that wasn’t the reality, then why the need to change? I digress.
OTTAWA—Canada introduced limits on how much foreign steel produced in countries other than the U.S. and Mexico can be imported, as the Liberal government tries to help a domestic sector reeling from President Trump’s 50% tariffs on Canadian steel.
Prime Minister Mark Carney said Wednesday that the series of import limits and the tariffs targeting steel products with Chinese links are required because the Canadian economy has been too reliant on foreign steel to meet the needs of the construction and manufacturing sectors. He cited data indicating that two-thirds of total steel consumption in Canada comes from abroad, compared with one-third for the U.S. and one-sixth in Europe.
Carney added that the changes would also guard against foreign steel entering Canada to bypass Trump’s tariffs. Canada has had a “disproportionately open import market” when it comes to steel, Carney said at a steel factory in Hamilton, Ontario.
He added that he wouldn’t allow the current trade conflict with the U.S.—combined with unfair trade practices elsewhere—to gut the nation’s steel industry at a time when Ottawa will require the metal to embark on trade-infrastructure projects such as ports, energy corridors and pipelines.
“We must diversify our trade relationships, and above all we must rely more on Canadian steel for Canadian projects. Those shifts start today,” he said. (read more)
We have awesome Canadian Treepers; however, I would like to ask the Canadians who are stuck in denial of the steel transnational shipping issue, why Canada needed to change?
Posted originally on Jul 16, 2025 by Martin Armstrong
The Consumer Financial Protection Bureau (CFPB) may no longer remove medical debt from credit scores, a federal judge has ruled. This is yet another example of political cycles dictating economic policy, as the Trump-era judge dismissed the Biden-appointed mandate. Today, regulators expand; tomorrow, courts shrink. Millions of Americans will be affected by this ruling.
The Biden Administration was not attempting to wipe out medical debt; rather, the ruling would have changed how medical debt impacted credit scores. U.S. District Judge Sean Jordan, a Trump appointee, argued that the Fair Credit Reporting Act does not permit the CFPB to decide what debt it will and will not report.
Consumer advocates see this as punishment for those who fall ill to no fault of their own. The credit industry believes that payment is due when it is due. The medical industry would likely demand upfront payments, which has become a more common practice. None of this addresses the root cause—healthcare costs are obscene in the United States. Yet, lobbyists continue to line the pockets of politicians, and meaningful change never occurs despite politicians on both sides acknowledging the growing problem.
Currently, one in 12 adults living in the United States has medical debt exceeding $250. Over 14 million Americans, 6% of all adults, owe $1,000, while 3 million people, or 1% of the adult population, have medical debt exceeding $10,000. Medical debt is the leading cause of bankruptcies in America. As of late 2024, Americans were collectively behind on $220 billion worth of medical debt. Around 66.5% of all bankruptcy filings are a direct result of medical bills, affecting over 550,000 Americans annually.
The stop‑start volatility undermines both consumer confidence and market stability. The law is subject to change with each regime change, and the people are unprepared for the rug pull that happens with each new administration. The root of this issue has been entirely ignored and will contribute to the consumer debt crisis facing the nation, which spills into the overall economic growth of the nation.
Posted originally on Jul 16, 2025 by Martin Armstrong
Core inflation’s mild “only” 2.9% annualized rise is not cause for relief. Government agencies, central banks, and regulators all react to data. The Fed, having held rates steady since May, will now sit on its hands until reports confirm if inflation gets a firm grip. Jerome Powell has come out once more to state that the FOMC would have lowered rates if not for Trump’s tariffs. Trump is in opposition with the Fed as fiscal policy blames monetary policy, and no one opens their eyes to see the underlying problem.
A massive systemic risk looms on the horizon as consumer stress intensifies. Medical services, shelter, apparel, food, and everything else have been significantly more expensive since the pandemic, although the trend began five years ahead of COVID. These structural moving parts are more than mere statistics, as they are a sign of social stability and confidence.
Core inflation rose 0.2% for the month, representing a 2.9% annualized increase. The consumer price index rose by 0.3% in June, bringing the 12-month inflation rate to 2.7%.
I’ve repeatedly warned that the inflationary trend, which has become stagflation, would be blamed on Trump’s policy. “In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materiallyas a consequence of the tariffs,” Powell said at the European Central Bank forum in Sintra, Portugal.
I’ve said it once, and I will say it again– Prices have simply not returned to what they once were before the global economy came to a standstill during COVID. Every nation has been affected. The lockdowns and supply chain cracks were exacerbated by a massive increase of government spending. Then the government doubled down on green policies, causing energy prices to rise, and lit the situation ablaze amid the Ukraine war and Russian sanctions. The world was already amid a sovereign debt crisis before COVID, and in fact, the Economic Confidence Model clearly stated that the landscape would permanently change after the Big Bang target of October 1, 2015 (2015.75)—the peak in government confidence.
The Council of Economic Advisers (CEA) has even issued a report that found PCE consistent across core goods, excluding energy, over the past three years. The CEA found “no clear break” in trend despite the headlines. Inflation has been above target for years and the Fed simply cannot control the trend.
Expect a cautious Fed. And expect politicians to blame their opponents, as always, rather than seeking the actual cause. Those politicians merely turn to academics who do not understand how the economy functions at its core and rely on outdated concepts that do not reflect the current landscape. The real culprit is cyclical history repeating itself—trade policy swings, inflationary follow-through, central bank reaction, and then economic slowdown.
Socrates is already flagging this cycle rising. And in 2026, we’ll look back and see that June 2025 was merely the early tremor of a system-wide shift.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America
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