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 As expected given the nature of their dependency, the Canadian government has rescinded the digital services tax against U.S. tech companies.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.
US legislators are fighting to prevent America from becoming involved in the Israel-Iran conflict, but it is too late. The war cycle cannot be stopped, and the next cycle will peak in 2026/2027 on target. Our computer warned that there was an elevated risk for a confrontation beginning in 2025 on a global scale.
US senators on both sides of the political spectrum are attempting to introduce legislation that would prevent Donald Trump from declaring war on Iran. The Bipartisan House War Powers Resolution has received support from the Republican Senator Thomas Massie, who is perhaps the most outspoken against declaring war on Israel’s behalf. “This is not our war. But if it were, Congress must decide such matters according to our Constitution,” Massie stated. The bill is not an actual bipartisan bill, as Massie is the only Libertarian leaning Republican championing such a measure. Many are now questioning the GOP as everyone seems keen to attack Iran. Yet, Donald Trump repeatedly promised that the US would not enter into any foreign wars under his command. In fact, Trump accused Obama of attempting to attack Iran back in 2011, but Obama had other priorities in the Middle East.
Senator Bernie Sanders introduced the No War Against Iran Act, which would prohibit the use of federal funds for military action against Iran without approval from Congress. The only exception would be if war was declared through the War Powers Act, or War Powers Resolution of 1973, which grants the POTUS the ability to send American troops into battle if Congress receives a 48-hour notice. The stipulation here is that troops cannot remain in battle for over 60 days unless Congress authorizes a declaration of war. Congress could also remove US forces at any time by passing a resolution.
The War Powers Act was last enacted under Barack Obama in 2011 when he sent troops into Libya. The resolution had not been enforced since 1998 when President Bill Clinton sent armed forces into Kosovo. Yet, Obama was able to bypass the law and the military remained in Libya for over 60 days without Congressional approval, marking the first time in US history that a president defied the War Powers Act. House Republicans attempted to block any federal funding, but their efforts were ultimately unsuccessful. Obama single-handedly dismantled the entire War Powers Act, as it did not matter what Congress did or did not do—the president had the sole authority to wage war.
There was a major ECM turning point on June 13, 2011. That marked the beginning of a new 8.6-year wave within the broader 51.6-year cycle. What happened right then? The Arab Spring, the destruction of Libya, and a sharp rise in geopolitical instability. That intervention was unauthorized and illegal by constitutional standards.
Senator Tim Kaine would also like to invoke the War Powers Act, but these people must understand that the act died in 2011 when the US entered Libya to overthrow Gaddafi. The government can say anything to propel a nation into war, and weapons of mass destruction are a tried and true premise. What makes this more dangerous is that we’ve since entered a cycle where unelected bureaucrats—Neocons, intelligence operatives, and shadow advisers—run foreign policy, not the American people or even Congress. Obama’s disregard for the War Powers Act helped solidify that shift.
Posted originally on Jun 12, 2025 by Martin Armstrong
Once upon a time, requiring noncitizens to return home was not controversial. The left is not protesting migration; rather, they are protesting Donald Trump. Former President Barack Obama broke records for deportations under his administration and received bipartisan support.
Forcible removals reached 400,000 in 2012 alone, a record-high number for deportations at the time. Obama became the president to oversee the highest number of migrant removals with over 3 million people forcibly or voluntarily leaving the United States between 2009 and 2017. Only far-left extremist groups complained, labeling Obama the “Deporter-in-Chief.”
In comparison, George W. Bush expelled 3 million migrants, with Bill Clinton only removing 900,000. Prior to Trump, immigration rules were common sense. I could not travel to [insert the name of any country here], overstay my visa or illegally enter, and then expect that nation to financially support me and my extended family indefinitely.
“If they committed a crime, DEPORT THEM, no questions asked,–they’re gone!” Hillary Clinton said on the campaign trail. She said that migrants who wished to become naturalized citizens should be required to learn English, pay a fine for illegally entering the US, pay back taxes, and wait in line for their turn to legally immigrate. The Democrats cheered her plan. Again, these were common-sense concepts.
The media now remembers Obama for providing an easier path for citizenship and pandering to groups who repeated the “don’t separate families” line. Yet, Obama campaigned on the promise of removing illegal migrants because it was a danger to national security and a burden to taxpayers.
The pandemonium we see today has absolutely nothing to do with migration. Migration is the excuse to attack Donald Trump, the most hated man in politics, to cause and blame him for nationwide chaos. The Democratic Party once had values, but they no longer stand for anything other than violence and opposition without proposed solutions.
Posted originally on CTH on June 9, 2025 | Sundance
Tucker Carlson traveled to France in order to interview Telegram Founder and CEO Pavel Durov who remains in French detention as he awaits the judicial system to release him. Telegram is used as a messaging ap by over a billion users worldwide. Pavel Durov was accused of noncompliance with EU judicial demands and arrested during a holiday last year. He remains under quasi-detention confinement.
Many people have increasingly expressed annoyance at the change in Tucker Carlson’s interview style. The increased interruptions, wandering rambling that takes the point off subject, inappropriate -borderline annoying- laughter at the wrong moments, and increasing Hannityesque behavior has been a sidebar topic of conversation. However, this is the first interview in which I can say these distracting interview traits have become unbearable.
I really wanted to hear from Durov, but I could not survive the inappropriate timing of the interruptions, and increasingly odd mannerisms from Mr Carlson. From a mental strength, stability and intellectual perspective, Carlson is way over his head trying to interview Durov. Perhaps that explains the performative and seemingly odd behavior of Tucker in this interview. It gets worse as it progresses. See for yourself. WATCH:
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Pavel Durov is a very deliberate man with an exceptionally stable disposition. He is one of the most important people in the world of information, communication and the free exchange of ideas. Yeah, I’m a little frustrated with this missed opportunity to go into important considerations in the world of information sharing.
Chapters: 0:00 Being Arrested in France 10:57 France’s Attempt to Humiliate and Tarnish Durov 15:54 Did the Russian Government Ever Try to Arrest Durov? 17:21 How Telegram Makes Money 20:04 Are They Attacking Durov Because He’s Russian? 21:19 Did Anyone Defend Durov? 24:23 What Did Durov Do in Jail? 25:17 Is Durov Allowed to Leave France? 30:37 The Real Reason They’re Attacking Durov 31:56 Europe’s Mission to Make Privacy Illegal 39:20 France’s Confiscation of Durov’s Phone 40:47 The Investigation Into Durov 56:52 How Telegram Stays Neutral in Global Politics 58:44 The Advancements of Encryption Technology 1:00:47 Is There Anything That Can Prevent a Government From Spying on You? 1:02:42 The Importance of Disconnecting 1:04:40 Durov’s Thoughts on Ross Ulbricht 1:06:54 Will Durov Stay in France After the Investigation?
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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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