Tag Archives: Inflation

Sep 19 2022

Canada’s Private Sector on the Decline


Armstrong Economics Blog/Canada Re-Posted Sep 19, 2022 by Martin Armstrong

Canada’s job recovery last year seemed strong according to standard measures. However, it was recently revealed that the majority of jobs were created in the public sector. Nearly 9 in 10 jobs created between 2020 and 2021 were in the public sector. Government, not business, is expanding. Between February 2020 and July 2022, private sector growth remained relatively stagnant after posting just a 0.4% increase. The public sector, on the other hand, rose 9.4% in that same period.

So out of the 366,800 jobs added to the economy during the pandemic, only 56,100 were jobs in the private sector. This is not good for Canada’s long-term growth. The private sector has declined from 49.3% to 48.2%, meaning the government is providing jobs for most of the population.

Three million Canadians lost their livelihoods during the pandemic, a 16% contraction, pushing the unemployment rate to 13% from 5.7%. Then the government decided to reopen slowly, very slowly, and brought the majority of the population under their control. You must adhere to all of Trudeau’s mandates as a government employee. The taxpayers help to partially fund these positions and governments cannot manage a bubble gum machine, let alone the livelihoods of the masses.

Statistics Canada recorded a 5.4% unemployment rate for August, an increase from July’s 4.9% posting. Yet, business is not growing. The government now composes a disproportionate number of jobs, and this completely alters the trajectory of the Canadian economy.

Sep 19 2022

Putin: Xi is On My Side


Armstrong Economics Blog/War Re-Posted Sep 19, 2022 by Martin Armstrong

China is no stranger to Western alienation and hostilities. Putin is looking to strengthen his alliance with China by affirming that Russia will adhere to China’s domestic policies as long as China repays the favor.  “We intend to firmly adhere to the principle of ‘One China’,” Putin stated as Taiwan has become a hot topic. Putin went on to say that he “condemns provocations by the United States and their satellites in the Taiwan Strait.” China was bordering on neutrality until recently coming under fire for its One China policy. China can now see itself in Russia.

Xi Jinping and Vladimir Putin met this Thursday in Uzbekistan for the first time since Russia invaded Ukraine. Both want to end NATO expansion and agreed to a “no-limits” partnership. Xi warned Biden at the beginning of the year that sanctions on Russia could cripple the global economy. The US warned China to stay out of its affairs but then provoked China by sending leaders like Pelosi to Taiwan. The New World Order first targeted Donald Trump in an effort to remove him from power. Putin is second on their list, followed by Xi.

China knows that the US is in a decline and is strategically placing its finances and policies accordingly. When I met with the central bank of China, they were not bureaucrats – they were traders. When I was asked by people in the US Treasury upon my return what it was like, I responded that they only hired people with experience. They sent everyone to work on trading desks around the world, and then they returned to China to run the central bank. The West hires academics who believe reading a few books is sufficient experience. Similarly, politicians no longer understand diplomatic relations and are willing to sacrifice the economy to uphold petty perpetual disagreements while demonizing opponents.

Sep 19 2022

Sunday Talks, John Ratcliffe Questions the DOJ/FBI Classified Designations in Mar-a-Lago Documents


Posted originally on the conservative tree house on September 18, 2022 | Sundance

In this lengthy interview with John Ratcliffe and Maria Bartiromo, the former Director of National Intelligence, the man who has likely seen every document that may have eventually ended up in Mar-a-Lago, is challenging the nature of the classified status of those documents.   Ratcliffe does not believe the Mar-a-Lago documents are true national security documents, but rather documents that outline fraudulent ‘sources and methods’ used by the DOJ/FBI in their Trump targeting operation.

Keep in mind that as the DNI during 2020, Ratcliffe saw the documents that eventually became the material President Trump declassified and left with the DOJ to release after the Durham investigation was complete.  If Ratcliffe’s suspicions are correct, and there is more valid reason to support his suspicions than oppose them, then the entire construct of the DOJ-NSD operation to retrieve those documents from Mar-a-Lago is factually one big cover-up operation.

Ratcliffe suspects the documents are essentially the DOJ and FBI work products, including interviews with ‘sources’ like Igor Danchenko, from their fabricated case against President Trump.  If accurate, the objective of the DOJ/FBI would be to avoid sunlight on their political targeting operation.  This viewpoint makes sense when you consider the DOJ/FBI position that no one should ever be allowed to look at those documents, including the appointed Special Master in the case, Judge Raymond Dearie.  WATCH:

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Sep 19 2022

CBS Economic Gaslighting Example, Face the Nation Pretends Not to Know Joe Biden Energy Policy Driving Higher Prices


Posted originally on the conservative tree house on September 18, 2022 | Sundance

“Gaslighting” is essentially a term used to describe an abuser continually lying to victim in order to make the victim misbelieve reality.

Economic “gaslighting” is a process of lying about the nature of true cause in order to continue advancing the abusive policy.

Combine the economic gaslighting with the historic leftist approach of pretending not to know things, and you get this dynamic on CBS Face the Nation today.  In this brief segment describing inflation, we see all the classic strategies deployed by ideological media.

First, notice they blame: (1) the pandemic recovery, (2) consumer demand, (3) Ukraine, and (4) a supply chain ‘muddle’.  Not only are these issues ridiculous, but none of them are the cause of supply side inflation.  Blaming “consumer demand,” which has transparently collapsed for the last year, is beyond nonsense.  WATCH, and also pay attention to the graphics they use to manipulate the audience:

The true cause of inflation, and yes that includes ‘global inflation‘, is the collective western economy jump into climate change energy policy known as “build back better.”  Stopping the use of oil, gas and coal as the source for cheap energy, has resulted in every element of the inflation they outline.

As an outcome of their ideology, the central banks of the western economies are now trying desperately to lower economic activity to reduce energy consumption.  The goal is to lower human activity to the point where windmills and solar farms can sustain it.  Everything else is pretending.

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Notice the synergy between the western economies who are following the Build Back Better climate change instructions from the World Economic Forum (yellow map) to the actions of the central banks who are trying to support the political agenda (blue map).

Coming out of the pandemic, western oil, coal and gas energy development was blocked.  Immediately energy prices skyrocketed, driving up the costs of everything.  Using the justification of “too much demand” the central banks (including the U.S. Federal Reserve Bank) are raising interest rates to lower the need for energy.

Western political leaders are pretending this is not a collective intention.

This is all being done by specific design.

Controlling a global population; controlling human activity; is the collective goal.

Show me the powerful political voice who will stop pretending and call this process out directly, and I will show you the most powerful global politician in history of the modern world.

…Who is John Galt?

Sep 18 2022

Defeating The Great Reset


The Charlie Kirk Show Published originally on Rumble on September 16, 2022

Klaus Schwab maybe more evil than bill Gates

Sep 18 2022

Defeating The Great Reset Day 2 – Second Session


The Charlie Kirk Show Published originally on September 17, 2022 

Klaus Schwab maybe more evil than bill Gates

Sep 18 2022

DeSantis v Biden on Illegal Aliens


Armstrong Economics Blog/Immigration Re-Posted Sep 18, 2022 by Martin Armstrong

Sep 18 2022

Tucker on Immigration


Armstrong Economics Blog/Immigration Re-Posted Sep 18, 2022 by Martin Armstrong

The wealthy Democrats who have no problem cheering Texas to be overrun and Biden secretly dropping immigrants only in Red states were completely outraged in Martha’s Vineyard. They called out the National Guard and had the low-life immigrants flown again to Cape Cod, away from their biggest donors who live to tell everyone else we are racists, but can’t possibly allow immigrants to stay in their cozy privileged town.

Sep 18 2022

Harvard Attorney and TikTok Influencer States Soros Funded Group Offered to Pay $400 For Anti-Trump Propaganda Video About January 6th


Posted originally on the conservative tree house on September 17, 2022 | Sundance 

(HatTip Twitter and The Gateway Pundit) Attorney Preston Moore received his JD from Harvard Law School and currently works at a law firm Beasley Allen in Atlanta, Georgia.  Mr. Moore does videos on TikTok and is considered a well followed influencer on the social media platform.

Mr. Moore recently disclosed on a video that he was contacted by a person from the Good Information Foundation, a non-profit arm of the Good Information Inc organization.  {Direct Rumble Link} Good Information Inc was founded by billionaires Reid Hoffman and George Soros {citation}.  Mr Moore recently stated in one of his videos that he was offered $400 by the Good Information group, to spread false and defamatory information about President Trump related to the January 6 investigation.  WATCH:

According to a 2021 article by Axios, “Good Information Inc. aims to fund and scale businesses that cut through echo chambers with fact-based information. As part of its mission, it plans to invest in local news companies. The group [is] led by Tara McGowan, a former Democratic strategist who previously ran a progressive non-profit called ACRONYM.” {citation}

Put it all together and what we have is George Soros funding a progressive entity under the auspices of providing “Good Information,” that is actually political disinformation and false claims intended to do damage to political opposition and create false narratives.  Mr. Moore is outlining is intentional fraud, funded by George Soros and organized by Democrat strategist Tara McGowan.

Sep 17 2022

RT Interview on Russia-Ukraine War


Armstrong Economics Blog/Armstrong in the Media Re-Posted Sep 17, 2022 by Martin Armstrong

RT reached out to Martin Armstrong for an economist’s view on the Ukrainian conflict. Click here for a quick interview that explains why Zelensky has no incentive to seek peace.