Canadian Parliament Protest Schwab, Trudeau, & WEF


Armstrong Economics Blog/Tyranny Re-Posted Feb 20, 2022 by Martin Armstrong

The Canadian Parliament shuts down probably the most important question concerning treason against the Canadian people. Stating that Schwab has bragged about infiltrating the Canadian government and naming those involved with Schwab after he has openly bragged about this accomplishment, Parliament shut down the question to make sure nobody would answer.

Then the notorious corrupt Liberal MP had the open audacity to claim this is misinformation when it is openly published even at Harvard University, one must wonder what are his connections and how much has he received in gifts, political donations, and favored status from bankers to block any such questions.

These people have betrayed their own country. Schwab’s agenda to eliminate even paper currency was to take place by 2024. But COVID is backfiring which has resulted in bringing this forward to 2023 just after the US elections.

This is the image of Canada merging from the outside. Even Archbishop Carlo Maria Viganò has come out in support of the Truckers.

Schwab was not kidding and it was not the misinformation. The Emergency Act will become permanent in Canada. Deputy Prime Minister Chrystia Freeland intends to make permanent the invasive financial surveillance system introduced as part of the “Emergencies Act” to absolutely destroy and crush the civil liberties protests and to be able to defund all opposition. Freeland is also a Young Global Leader graduate who is also loyal to Schwab. They have been indoctrinated with an authoritarian view of powers and Canada is to have its sovereignty surrendered to Schwab’s global vision. She declared:

“As of today, all crowdfunding platforms, and the payment service providers they use, must register with FINTRAC and must report large and suspicious transactions to FINTRAC (Financial Transactions and Reports Analysis Centre of Canada).” Freeland added: “This will help mitigate the risk that these platforms receive illicit funds; increase the quality and quantity of intelligence received by FINTRAC; and make more information available to support investigations by law enforcement into these illegal blockades.”

“This is about following the money. This is about stopping the financing of these illegal blockades. We are today serving notice, if your truck is being used in these illegal blockades your corporate accounts will be frozen.”

Trudeau has called in the police and they are to attack the protesters with brutal force. Leaks of communications have shown that the RCMP currently in Ottawa is to assist in the crackdown on peaceful protesters allegedly brag about using brutal force in a leaked group chat according to Rebel News. He has also called in police from Quebec who will defend him against the English-speaking truckers. This was Schwab’s and Canada’s Tiananmen Square. Canada may now have only until the 1st week of April.

This is a battle to the death for Schwab’s Great Reset. Canada MUST be driven into submission and this is critical to the ideas of Schwab and his vision for the world.

Schwab has promised these politicians dictatorial powers with the end of all democratic processes. Schwab is pushing the design of Europe upon the rest of the world whereby the head of state NEVER stands for election, neither does the European Commission which makes all laws and to fool the people that they are still relevant, they get to vote for an MP who has no power to make or overrule laws crafted by the Commission. This is the system they intend to impose of the world and politicians will NEVER again need to worry about being voted out of office. This is why governments are now protecting Schwab. He has promised them a world void of any power of the people to vote them out of power. What Schwab has not considered is that he is boxing in people to the point the only solution will be a revolution.

New Interview: Down the Rabbit Hole to Dow 65,000


Armstrong Economics Blog/Armstrong in the Media Re-Posted Feb 4, 2022 by Martin Armstrong

Click to watch Martin Armstrong’s latest interview with the Financial Survival Network.

Armstrong Interview on Highwire Today


Armstrong Economics Blog/Armstrong in the Media Re-Posted Feb 3, 2022 by Martin Armstrong

WE ARE WINNING

UAE to Introduce Corporate Taxes


Armstrong Economics Blog/The Hunt for Taxes Re-Posted Feb 1, 2022 by Martin Armstrong

Tax havens are in short supply. The United Arab Emirates (UAE) recently announced that it will implement a new federal corporate tax on business profits. Part of what attracted business to the UAE was its tax-free status and the move could hurt new money from migrating to the UAE. The new tax will go into effect on June 1, 2023.

“The UAE corporate tax regime will be amongst the most competitive in the world,” the Finance Ministry stated on Monday. The tax rate will stand at 9% for profits exceeding 375,000 United Arab Emirates dirhams ($102,000), while businesses earning under that amount will not be taxed “to support small businesses and startups.” A 9% rate is still certainly competitive compared to other nations.

The UAE will not implement a tax on personal income or capital gains from real estate and equities. Free zone businesses will be permitted to exist in the country, so long as they meet all the necessary requirements. Some say the move will help the UAE move away from its reliance on oil exportation as it diversifies into trade, business, and tourism. Countries that solely rely on their natural resources have trouble maintaining long-term economic growth. However, reliance on taxation is never sustainable as governments continue to spend and whatever tax is in place will eventually rise.

Musk Offers to End World Hunger Under One Stipulation


Armstrong Economics Blog/Corruption Re-Posted Nov 3, 2021 by Martin Armstrong

If billionaires paid their fair share, we could allegedly solve world hunger. How?

David Beasley, director of the UN’s World Food Programme (WFP), called out billionaires such as Elon Musk and Jeff Bezos for not donating funds to solve world hunger. “Just $6 billion could keep 42 million people from dying,” Beasley claimed. Musk took to Twitter with a bold offer — he would personally donate $6 billion if the WFP could explain precisely how they would spend the funds. Furthermore, the richest man in the world is asking the WFP to provide a public record of exactly how the money will be spent.

David Beasley replied to Musk, “Headline not accurate. $6B will not solve world hunger, but it WILL prevent geopolitical instability, mass migration and save 42 million people on the brink of starvation. An unprecedented crisis and a perfect storm due to Covid/conflict/climate crises.” In other words, $6 billion will not solve world hunger as the people managing that sum of money could never keep it out of their pockets. Musk replied to Beasley with a link to an ongoing, unpunished, child sex abuse scandal where UN “peacekeepers” abused hungry children. The details are too grotesque to publish here, but make no mistake about it — the UN is not an entity intent on saving the world. They had to turn down a generous donation of $6 billion because they knew that they could never report the paper trail, and the results would likely be a request for more money.

Companies Warn Biden Administration They May Need to Drop Fed Contractor Status Because Workers Will Not Comply With Vaccine Mandate, Meanwhile American Airlines Cancels 1,700 Flights This Weekend


Posted originally on the conservative tree house on October 31, 2021 | Sundance | 224 Comments

As we have continued to point out, a federal vaccine mandate might sound like a good idea on a think tank, academic or white-paper policy level of consideration; but on a practical level, wiping out a large percentage of your most productive workforce over a vaccine mandate is unworkable, and might even end the operation of the entire business.

That is the message today within an article written by Politico about several large federal contractor companies warning the White House they may need to drop their federal contracts because they simply will not be able to continue business operations if they lose their unvaccinated workforce on December 8th.

Thus the power of the blue-collar workforce is being recognized:

WASHINGTON DC – Objections among certain vendors over President Joe Biden’s vaccine mandate for federal contractors are reaching an inflection point. As the deadline for workforce vaccination approaches, some trucking companies are mulling whether to end their work with the federal government altogether, according to two industry insiders.

In an interview, the American Trucking Associations’ executive vice president for advocacy Bill Sullivan told POLITICO that some companies may simply decide that the cost of the mandate is not worth the government’s checks. Sullivan said he has raised concerns to the White House, Office of Management and Budget and other executive branch officials. He noted that if companies drop their contracts, it may be harder to get certain foods to troops, transport fuel for military vehicles, or even deploy the National Guard.

[…] interviews with more than a dozen industry advocates across the aerospace, distribution, defense and trucking sectors — some of whom have also been in discussions with administration officials — reveal they either have little confidence they will be able to meet the Dec. 8 deadline for their workers to receive their first vaccine shot or expressed concerns about difficulties the mandate would pose on their labor force.

The White House has repeatedly insisted — both in private meetings and publicly — that the federal contractors can avoid potential service disruptions during the holiday season. (read more)

The reaction from the Biden administration is laughable.  As you would expect from a wonk-minded bureaucratic outlook, their solution is to put the employees into intensive reeducation camps saying the companies “must begin counseling them on the vaccine’s benefits and the ramifications for noncompliance.”

It is important to note the recent NBC poll on this issue amid the outlook of the vaccine mandates.  A majority of the country do not support the vaccine mandates, and worse still, the number of unvaccinated workers is essentially unwavering in the past six weeks {poll data}.  Remember, the number of Americans who willingly quit their jobs increased to 4.3 million in August {link}. People are not f**king around now.

{DATA LINK}

The number of cumulative hard “NO’s” has gone from 26 percent in August, to 27 percent now.

We are down to the hardened group, an educated and solid bunch of people who use common sense, and they are not going to take the forced vaccination.   In quantifiable terms, the increased pressure to force the jab into the arms of the American workforce has now crossed into “the law of diminishing returns.”  More government pressure ain’t going to yield the previous level of compliance.   This threshold crossed is also quantifiable in the 4.3 million Americans who quit working (242,000 of them in August alone).

There are 205 million legally eligible U.S. workers between 15 and 74-years-old (census figures) with a workforce participation rate of 61% (BLS figures) which would equal 125 million legally eligible workers.   However, the Bureau of Labor Statistics puts the number of working Americans at 161 million workers (BLS figures).  The majority of the difference between the two figures are most likely illegal alien workers (yeah, lots of them).

Approximately 40 percent of the eligible population are not working.  Some people are single family income (wives or husbands who don’t work), and some are just people who choose not to work, cannot work or have not yet started to work (college etc).  With somewhere between 125 million and 161 million workers doing the jobs that keep the country functioning, there are also approximately 10 million unfilled job openings.

According to the most recent statement from Joe Biden on October 14th: “We’re down to 66 million — it’s still an unacceptably high number — of unvaccinated people from almost 100 million in July.”  Approximately 60 million of those are within the current U.S. workforce.

If we split the difference (census -vs- BLS) and take the mid-point at 140 million workers, then 60 million workers refusing the vaccine mandate represents about 40 percent of the entire population of eligible workers.  Put another way, in the best case scenario, if 60 million people quit working or were fired, the national unemployment rate would be at least 35% !

What we call the United States doesn’t function with 35% unemployment; systems of commerce start to collapse, then government, then civil society.

The U.S. economy is currently functioning with 5% unemployment and 10 million unfilled jobs.

Just imagine the economic impact of 35% unemployment and 70 million unfilled jobs.

Keep in mind, the vast majority of those 60 million jobs are the productive workforce that keep the entire machine of the U.S. functioning.

This is the workforce that keeps the goods moving, the lights on, garbage picked up, streets safe, shelves stocked, stuff fixed and facilitates everything that makes the entire system of society function.

It is the force of this crew or hard core, dirty fingernail, no-nonsense workers that is pushing those federal contractor companies to contact the administration and tell them this mandate is not going to work for them.   If the companies have to choose between losing their ability to contract with the federal government, or losing the most critical part of their workforce, well, they ain’t going to stick with Biden’s mandate.

There ain’t no way in heck that government or private industry can function with tens of millions of Americans in the workforce getting forcibly removed for refusing the vaccine.   I believe that is why you are now hearing from companies saying they will not fire the unvaccinated workers (ex Delta Airlines).

Pontificating leftists and academics, without a bit of sense for what actually happens in the Main Street economy, have no concept of what it looks like if ten million people quit or are fired from working next month…. let alone five times that many. Bottom line: THIS IS A NON-ENFORCEABLE MANDATE, even if they wanted to do it.

The power of the American workforce is in the scale of dependency each person brings to the system when they are united.  It might seem like a few thousand here/there, because that’s the way the media are framing it. However, if you add up all those few thousands together, you end up with millions.

As we previously outlined, this is not about vaccines per se’, this is more about a slippery slope of having the government dictate how you can live your life and earn a living.

If they can force us to have a medical procedure, and then carry documentation of that procedure in order to work… why can’t they force us to get a small electronic implant of our identification, which would coincidentally include your medical authorizations for work?

It’s just a metal detector…. it’s just taking off your shoes… it’s just wearing a mask…. it’s just a vaccination….. it’s just a COVID passport… it’s always, “just”.

Factually, at the end of all this, I still do not believe a federal mandate for a vaccine is even possible or legal. It appears to me that all of Biden’s threats in this regard are simply that, threats.

The purpose of the threat is to push people to take the vaccine without actually attempting a legal federal mandate; and that approach so far has been successful.  However, now they are going to encounter the more hard-core groups who will not concede liberty or freedom to a federal mandate.

It is obvious Anthony Fauci also knows a federal vaccine mandate on the private sector will lose in court when challenged.  The fact that Fauci brings up state vaccination requirements for education as examples of historically forced vaccinations is both a strawman argument and structurally false.  There has never been a FEDERAL mandate for any vaccination.  All the vaccinations Fauci discusses (ex. his kids) were state mandates.  Each state also has a different set of standards and laws for children and vaccines.  There is nothing federal.

The federal government is attempting to set up a federal work authorization standard for private businesses.  Non-compliance means you cannot work, or you lose your existing job if your employer goes along with the government demand. THAT alone should alarm everyone.

There is a particularly enraging irony in that Joe Biden’s federal DOJ and Dept of Labor do not enforce employment eligibility authorization for illegal aliens based on legal status, while at the same time the Biden Dept. of Labor is putting OSHA in charge of a federal policy that will enforce vaccination requirements.  Go figure.

All of the federal exemptions essentially undermine the “national health emergency” argument, because if there really was such a public health emergency, there would be no exemptions at all.   The application of the executive order undermines the actual cornerstone of the executive order itself.   It cannot withstand scrutiny…. hence, Biden doesn’t actually put any rules or regulations into writing because that gives lawsuits something specific to file injunctions against.

In the interim, as the freedom coalition digs in to mount a patriotic challenge, the authoritarian attempt of the federal government, the rebellious alliance is hitting back in unique ways as noted by the Southwest Airline pilots and Air Traffic Controllers, both groups hold a significant military service record.  As noted, this weekend American Airlines was forced to cancel 1,700 flights due to staffing issues:

NPR […] American Airlines cancelled more than 1,700 flights over Halloween weekend, including more than 800 on Sunday alone, due to weather and staff shortages, the company said. […]   American Airlines says that 343 were cancelled on Friday, followed by another 548 cancellations on Saturday. Most of the cancelled flights were coming to and from the airline’s main hub in Dallas/Fort Worth, as well as in Charlotte, N.C.

[…] In a letter to staff sent out Saturday, the company’s chief operating officer, David Seymour, said the company “proactively” cancelled flights on Sunday because of severe winds in the Dallas/Fort Worth area and a shortage of crews.  (read more)

Another group who are pushing back against the federal effort are local law enforcement and firefighters.  Again, another private sector group that has a heavy percentage of former military service members amid the ranks.

The blue-collar effort to bolster the resistance by these groups does not have to be too massive to have an impact.  Remember, almost all of these leftists and elite minded communists who now operate as Democrats have no capacity for self-sufficiency.   If the working class stops picking up their trash; stops mowing their lawns, shopping for them, doing their cleaning and essentially facilitating their lives, this entire group of scholastic-minded knuckleheads cannot function.

From a commonsense and logistical perspective, regardless of the federal outlook, there’s no way they can pull it off.  We are the quiet, and according to those who look down their noses – the “invisible” unwashed masses.  However, when it comes to keeping the gears turning, we are the majority.

We keep their shit working and just want to be left alone.   The system will not function if tens-of-millions of American workers stand united against the vaccine mandate. It really is that simple.

Victoria To Make Emergency Powers PERMANENT


Armstrong Economics Blog/Australia & Oceania Re-Posted Oct 30, 2021 by Martin Armstrong

COVID Madness Down Under Continues – State Now Confiscating Bank Accounts, Property, Licenses and Businesses if COVID Fines Not Paid While Unemployed Workers Locked Down


Posted originally on the conservative tree house on October 29, 2021 | Sundance | 250 Comments

Of all the extreme measures carried out by various states in Australia, the collections and confiscations by the State Penalty and Enforcement Register (SPER) might just be the icing on the cake.

During the lengthy COVID lockdown in the state of Queensland, Australia (Brisbane area), most workers were not permitted to work or earn a living.

Several states stepped in to provide wage subsidies so people could purchase essential products and pay their living expenses.  However, during the lockdown if you were caught violating any of the lockdown rules, you were subject to a civil citation, a fine or ticket for your COVID violation.

Get caught too far from home, outside your permitted bubble, and you get a ticket.  Get caught spending more than the permitted 1 hour outside, get a ticket.  Get caught without a mask, even by yourself – and yep, ticket.  Enter a closed quarantine zone (park, venue, etc.) and you get a ticket.  Tickets were being handed out by police on the street as well as during random checkpoints on the roadways.

Additionally, people returning to Queensland were put into a system of involuntary quarantine.  The costs for that quarantine, mostly hotel rooms, were to be paid by the people being involuntarily captive and not allowed home.

Citizens were required to have their physical location scanned via a QR code on their phone. These checkpoints were to assist in controlling the COVID spread and were used for contact tracing throughout the past two years.  However, the checkpoints and gateway compliance scans also registered your physical location; the consequence was an increased ability for police and COVID compliance officers to catch people violating the COVID rules.  Ex: If you checked in at the grocery store, they knew how far from home you are, and the police could figure out if you violated your one hour of time outside the home at the next checkpoint.

The result of all this compliance monitoring was thousands of fines, civil citations for violating COVID rules.  Thousands of people given thousands of fines that would need to be paid.

Now the state is requiring all of those civil citations get paid, or else.  And the enforcement actions to collect these fines from the State Penalty and Enforcement Register are quite extreme.  Citizens who have outstanding tickets are finding their driver’s licenses suspended; bank accounts are being frozen and seized; homes and property are are being confiscated, as well as business licenses suspended for outstanding citations.

“Queenslanders who received fines for breaking Covid-19 rules risk having their homes seized and bank accounts frozen in a government crackdown to collect $5.2 million in repayments.” (LINK)

Brisbane Times – “SPER was undertaking “active enforcement” on another 18.4 per cent of fines, worth about $1 million, which a spokesman said “may include garnishing bank accounts or wages, registering charges over property, or suspending driver licences”.   The remaining 25.2 per cent of fines were either under investigation or still open to payment without further action being taken.

Outside SPER’s work, Queensland Health took the unusual step of calling in private debt collectors to chase up $5.7 million amounting from 2045 significantly overdue invoices for hotel quarantine.  (read more)

The Nord Stream 2 Pipeline Delay


Armstrong Economics Blog/Energy Re-Posted Oct 29, 2021 by Martin Armstrong

(Nord Stream Pipeline)

European Union leaders are scrambling for solutions to the energy crisis, but their feared friend from the East has reminded them that a solution exists. According to the Associated Press, gas prices in the EU have spiked to 95 euros from about 19 euros per megawatt-hour in the past year. Around 90% of gas is imported to the EU, and Belgian Prime Minister Alexander De Croo said that the only long-term solution is to invest in renewable energy. “And in the long term, there is only one solution — invest more in renewable energy so we are less vulnerable to price fluctuations for fossil fuels,” he said.

Hungarian Prime Minister Viktor Orban blamed the Green Deal plan for higher prices, which aims to reduce greenhouse emissions by 55% by 2030, with the goal of becoming carbon neutral by 2050. Some leaders are pointing to the use of nuclear energy, such as France, Bulgaria, Croatia, Czech Republic, Finland, Hungary, Poland, Romania, Slovakia, and Slovenia. However, the 27-nation bloc has not designated nuclear power as a sustainable investment yet.

(Nord Stream 2 Pipeline)

In comes Putin and the controversial Nord Stream 2 pipeline that would carry much-needed gas from Russia to the EU beneath the Baltic Sea. “If the German regulator gives approval tomorrow, supplies of 17.5 billion cubic meters of gas will start the day after tomorrow,” Putin said. The Russian president has previously criticized the EU for not signing long-term contracts and failing to work with Russia on energy trade. European Commission President Ursula von der Leyen said that relying on gas from Russia makes the bloc “vulnerable,” but it seems that they are already vulnerable and in a worsening situation with no solution in sight. EU energy ministers are set to meet in December, where they are likely to kick around solutions while ignoring the one that is a pipeline away.

China Rationing Diesel


Armstrong Economics Blog/Energy Re-Posted Oct 29, 2021 by Martin Armstrong

China has begun to ration fuel amid the ongoing energy crisis. As reported by the BBC, trucks in China may only fill their tanks with 100 liters (10% capacity) of diesel, with other areas reportedly only allowing 25 liters. The city of Fuyang is limiting purchases and charging drivers a surcharge of up to 300 yuan to fill up their tanks. The fuel shortage will affect both domestic and international goods as trucks simply cannot drive to their destinations. Despite surging demand, all fossil fuels are in tight supply and have seen drastic upticks in price. Jeremy Stevens, Chief China Economist at Standard Bank, told the BBC from Beijing that companies have already begun using diesel generators to maintain factory operations. World leaders are urging this instant switch to renewable energy and net-zero emissions, but the technology does not currently exist to power the world. The energy crisis will contribute to supply shortages worldwide.