The headlines in Canada celebrate that inflation has fallen to 1.7% in July, but as in America, the people are not experiencing a notable downturn in prices. Politicians pat themselves on the back, claiming victory over inflation, yet the very reason CPI came down was because energy prices fell after the consumer carbon tax was suspended. This reflects a temporary change due to economic policy rather than a trend.
Take energy out of the mix and the real story becomes clear. Food prices continue to rise, up 2.8% from June, and that impacts every household. Every nation is experiencing a sharp uptick in food prices.
The real crisis, however, is in the labor market. Employment declined by 0.2% in July, meaning 41,000 Canadians lost their jobs. The official unemployment rate held steady at 6.9%, but the more telling figure is the employment rate, which fell to 60.7%. That reflects the true weakness beneath the surface.
Immigration policies have hurt Canadian youth. Unemployment among those aged 15 to 24 has surged to 14.6%, the highest level since September 2010. This is the lost generation Canada is creating with young people priced out of housing, burdened with debt, and now unable to secure employment. Historically, when youth unemployment spikes, we see social unrest and political upheaval follow. This is not simply an economic number but a warning sign of civil discontent that will only intensify.
Canada’s decline is systemic. The policies in Ottawa are driving investment out of the country. While they boast about “beating inflation,” the cost is economic stagnation and rising unemployment. We are watching the same cycle unfold in Canada that we’ve seen throughout Europe: governments destroying their own economies under the illusion that they can centrally plan prosperity.
German Foreign Minister Johann Wadephul has come under fire for stating that it would be unwise to send troops into Ukraine. “We are the only European troop contributor to station a combat-ready brigade in Lithuania. Doing that and also stationing troops in Ukraine would probably be too much for us,” Wadephul told the Table Today Podcast.
Sending troops to Ukraine is highly unpopular in Germany among the citizens, despite the government’s eagerness to support Ukraine with manpower. The foreign minister suggested that Germany could provide military and technical support without entering Ukraine. Critics claim he is simply attempting to appease the people and betraying Ukraine by not offering to send men into combat. He also voiced another unpopular opinion—working with the United States to potentially provide security guarantees.
“We are now hearing signals from Washington that they are prepared to do so [provide security guarantees], and this must then be worked out together with the Europeans, with Germany naturally having to play an important role,” Wadephul said in the interview, adding Berlin could provide military and technical help, among other things.
The Bundeswehr deployed 4,800 troops to Lithuania, and again, critics believe it is ridiculous to say that the military is stretched too thinly to deploy others directly to Ukraine. It will cost Germany an estimated 800 million euros annually to maintain their current presence in Lithuania. No one thinks of the cost involved with sending troops into Ukraine, which is of little importance compared to the broader implications of sending troops and then actively forcing the entire nation and the European Union to fight on behalf of Ukraine.
The neocons are waiting for that “push comes to shove” moment. The people are extremely vocal about their point of view on the matter. Those looking at the numbers and logic alone are warning against deployment. Anyone who understands history is keenly aware that German is on the brink of completely entering a war against Russia that it is unprepared to fight. The entire EU will become involved in the war if Germany sets foot into Ukraine, as Germany is the economic powerhouse supporting the bloc, and France, the second most powerful in terms of finance, has similar wartime ambitions. It appears that push will come to shove by next year on 2026.45 when our computer indicates a central turning point between the EU and Russia.
If you’re not sure yet, we’ve put together testimonials from past participants and a video with an honest review of last year’s event.
Times are changing quickly, and important cyclical turning points, especially in 2026, are coming up. This year’s WEC will be full of insights into what’s ahead.
Since our first WEC in 1985, most attendees have said they value the conference most for the way I connect hundreds of geopolitical, financial, and economic developments into a clear picture as well as correlating all the Socrates predictions with cycles such as the ECM.
Hope to see you this upcoming 2025 WEC!
Entering the forest has become illegal in three Canadian provinces—Newfoundland, Nova Scotia, and New Brunswick. Entering woodlands can result in massive fines or even jail time. Why? The Canadian government believes it must ban the public from accessing nature to prevent forest fires.
Air Force veteran Jeff Evely committed a crime by participating in an outlawed act of civil disobedience by walking into a woodland area in Nova Scotia. The veteran was issued a C$28,872.50 fine for simply entering public lands.
“This law views people as the problem – not dangerous activities. This law is anti-human, and should someone find themselves on the wrong end of a charge – a massive charge, $25,000 dollar fine, for going into the woods, you can expect a constitutional challenge and a judicial review of this order,” Constitutional lawyer Marty Moore of the Justice Centre for Constitutional Freedoms stated regarding the ban.
Humans are responsible for climate change, the climate zealots insist. The dry climate and natural cyclical pattern of fires is to be ignored. Former Prime Minister Justin Trudeau authorized the Canadian Armed Forces to respond to wildfires raging in Alberta earlier in the year, and sent troops to help assist during the wildfires that raged throughout California. Trudeau blamed climate change for the ongoing fires—and what luck as a carbon tax could assist in quelling climate change.
“The federal carbon tax will help deal with weather disasters such as fires in northern Alberta. Extreme weather events are extraordinarily expensive for Canadians, our communities and our economy. We need to be taking real action to prevent climate change. That’s why we’re moving forward on a price on pollution right across the country, despite the fact that Conservative politicians are trying to push back against that,” Trudeau commented.
The World Economic Forum published an article in 2018, detailing how its young leader, Trudeau, would implement a “carbon tax on those unwilling to tackle climate change.” The Greenhouse Gas Pollution Pricing Act (GHGPPA) carbon tax began at C$20 per tonne of CO2 in 2019 and increased by C$10 per year, reaching C$50 per tonne by 2022. The government then stated it needed to increase the tax by an additional C$15 per tonne per year beginning in 2023 until 2030 when the total cost will reach C$170 per tonne.
Canadian households have been burdened with the carbon tax as this is not merely for massive corporations or polluters. The people are always the target of climate laws as the entire premise of climate change regulation is control. The carbon tax for Canadian households started in 2019 at C$20 per tonne and increased steadily to C$80 per tonne by 2024. The Parliamentary Budget Officer (PBO) estimated that the carbon tax will cost the average Canadian household between C$377 and C$911 in the fiscal year 2024-25 after rebates. By 2030, Canadian families can expect the tax burden to soar to C$2,773 in certain provinces like Alberta.
Politicians are not to question the carbon tax or the climate change agenda. “His ideology is so strong, he would rather watch the country burn and Canadians suffer than continue to fight against climate change and put the Canada carbon rebate in their pockets,” Trudeau said of Poilievre, who opposed the carbon tax.
It began with lockdowns for COVID-19, and now the government has the power to lock down public lands to protect “national security.” Simply walking into the woods could cost someone tens of thousands of dollars if not jail time, and are people to accept this fate? Similar to how the carbon tax continues to increase, the authoritarian power granted to government under the premise of climate change will continue to build if left unchecked.
(Image explained in previous post — grocery inflation spiked years ago and has not relented)
An AP-NORC poll questioned Americans about their main cause of financial stress. Over half (53%) of respondents cited rising food prices as their main stressor, with 19% admitting to deferring payments to afford groceries.
The cost of housing was a close second at 47%, followed by the amount of money in savings (43%) and wages (43%), and healthcare was close behind (42%).
Buy Now Pay Later services are on the rise, with 3 in 10 of respondents reportedly using this deferred payment option for essentials. Around 29% said that credit card debt has become their top financial problem, with other studies showing that more Americans are using credit card to purchase the basics like groceries.
The New York Federal Reserve reported that total US household debt rose by $185 billion in Q2 2025 to $18.39 trillion. When people are forced to borrow to eat, the issue becomes deeper than inflation, as it is a sign of government failure. Civil unrest does not occur when the people are fat and happy.
Rising food insecurity could be used as a dangerous political weapon to usher in programs such as price controls, UBI, or a bloated welfare state. They will use the food crisis to usher in greater control. A hungry population is the easiest to manipulate. Food prices declined by 0.1% in July on a monthly basis, which means absolutely nothing. Food prices are a glaring example of how weather, geopolitics, and domestic policies have beaten the so-called inflation “soft landing” narrative. This won’t fade in 2025 as it’s set to persist through 2027 unless the public confronts the real causes.
I have created this site to help people have fun in the kitchen. I write about enjoying life both in and out of my kitchen. Life is short! Make the most of it and enjoy!
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