Tag Archives: Progressivism

Jun 26 2025

World Economic Forum Aims to Repair Relations with Schwab


Posted originally on Jun 26, 2025 by Martin Armstrong 

Schwab Klaus World Reset

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.

Davos is the Problem

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.

WEF Schwab You Will Own Nothing

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.

WEC 2020 Arm v Schwab

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.

Jun 21 2025

Luddite Cowboys and Transhuman Indians — Joe Allen interviews Payal Arora at World Summit AI


Posted originally on Rumble By Bannon’s War Room on: June 20, 2025, at 8:00 pm EST

Jun 20 2025

FREEMAN: “Gold-Backed Debit Cards Are Here, And The Movement Is Just Getting Started.”


Posted originally on Rumble By Bannon’s War Room on: June 19, 2025, at 1:00 pm EST

Jun 19 2025

Sam Faddis: “We Can’t Be In The Position Of Having A Foreign Country Telling Us What Has To Be Done”


Posted originally on Rumble By Bannon’s War Room on: June 18, 2025, at 1:30 pm EST

Jun 10 2025

Tucker Carlson Interviews Telegram Founder Pavel Durov During Ongoing Confinement in France


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?

Jun 9 2025

Sacrebleu! Macron Has the Worst Denial Imaginable for His Wife Hitting Him in the Face


Posted originally on Rumble on Bright Bart News Network on: June 8, at 1:40 pm EST

Jun 6 2025

Japanese’s Sovereign Debt Crisis


Posted originally on Jun 5, 2025 by Martin Armstrong 

Japan_Debt_Crisis_2025 6 5 25
Japan_Debt_Crisis_2025 INDEX 6 5 25

This is the first installment for our Institutional Clients concerning the two countries at the greatest risk of DEFAULT – Japan and Germany. We have provided the forecast for Japan’s default and explained in detail the internal battle between the Government, the Bank of Japan, and the Private Sector. This report exposes the truth about who holds what and the threat to instability as Japan also tries to cozy up close to NATO as a diversion for its fiscal mismanagement.

Investors have long fretted about the sustainability of Japan’s government debt as other nations, including Germany, are facing unsustainable fiscal mismanagement across the developed world. Japan has garnered the most attention due to its highest debt load relative to economic output and the heaviest debt-service burden. At the same time, the excuse has been that they are mostly self-funded, and as such, appearances are deceptive. Still, all Western nations are on a collision course with a sovereign debt crisis that will bring them all crashing down when the line at the door stops buying the new debt to roll over the old.

Japan’s fiscal mismanagement is not significantly worse than that of others. The pandemic, climate change, sluggish growth, and financial crises, accompanied by a lack of confidence, have led to an increase in government debt for many wealthy countries. At more than 250% of GDP, Japan’s gross debt stands out. Combined with sluggish growth and a shrinking population, many financiers and economists see it as an existential risk. The real question this report addresses is the real story behind the curtain, and when does this come to a head?

Jun 4 2025

“Negotiators Are Able To Wipe Out The Debt.” Jillian Barberie On Done With Debt


Posted originally on Rumble By Bannon’s War Room on: June 3, 2025, at 2:00 pm EST

Jun 4 2025

Canada Has no Gold Reserves – They Sold Them.


Posted originally on Jun 4, 2025 by Martin Armstrong 

MAA 400 Ounce C

Holding a 400 oz Gold Bar – Central Bank Standard

QUESTION: Hello Martin – Here in Canada, we have a vexing question – why no Gold Reserves at BofC? USA has a date with destiny aka Ft Knox Audit that Trump and Bessent
seemed engaged on this file but are preoccupied lately with a litany of distractions, I’m 74 with health issues surfacing, which rearrange one’s priorities – many millions of Boomers
in same boat – but that’s the price you knew was coming

jw

The Bank of Canada building

ANSWER: Canada’s lack of significant gold reserves is the result of a deliberate policy decision spanning several decades, primarily driven by the following reasons:

Storage & Security Costs: Holding physical gold requires secure vaults and insurance, incurring ongoing expenses.

Opportunity Cost: Gold pays no interest or dividends. The Bank of Canada (BoC) decided it could achieve better returns by holding interest-bearing assets like foreign government bonds (US Treasuries, German Bunds, etc.) and deposits.

The Shift to More Liquid Assets: The BoC prioritized holding foreign exchange reserves (primarily US dollars, euros, yen, etc.), which are highly liquid and easily used for direct intervention in currency markets to stabilize the Canadian dollar (CAD).

Canada began the process of gradually selling off its gold in the 1980s, when gold rallied to $875 on January 21, 1980, and then began a 19-year decline to $250. Canada significantly accelerated its gold sales during the 1990s and early 2000s under the leadership of Finance Minister Paul Martin and Governor Gordon Thiessen, aiming to optimize reserve asset management. By 2016, Canada sold its last significant holdings. As of today, Canada’s official gold reserves are reported as zero tonnes (or negligible amounts – e.g., 77 ounces reported in 2022, worth a trivial sum relative to total reserves). In essence, Canada decided that the costs and lack of yield associated with holding large gold reserves outweighed the traditional benefits. They opted instead to hold foreign currencies and bonds that are easier to use for market intervention and generate income, relying on the strength of the Canadian economy itself to support the value of its currency.

Brown Gordom PM 2007 2010

Gordon Brown, as Labour Chancellor of the Exchequer (1997-2007), authorized the sale of a very significant portion (roughly half) of the UK’s gold reserves. He was a member of the Labour Party, which viewed gold as a rich man’s toy. He sold approximately 395 tonnes of gold. The sales took place between July 1999 and March 2002. This represented about 58% of the UK’s total gold reserves at the time (which were around 715 tonnes before the sales). After the sales, the UK’s reserves stood at about 310 tonnes, where they remain today. The sales occurred during a period when the gold price was near a 20-year low, averaging around $275 per ounce. Shortly after the sales concluded, the gold price began a historic bull run, rising dramatically over the next decade to peak over $1,900 per ounce in 2011. This timing led to massive criticism that the UK sold at the absolute bottom of the market, potentially losing billions of pounds in potential value. The period is often referred to as the “Brown Bottom” in financial circles. Brown was ignorant of how markets function. He announced in advance the strategy to sell its gold reserves, so the market held back, anticipating a greater supply. The proceeds were invested in foreign currency and government bonds. While these assets generated interest income, the capital appreciation of gold vastly outstripped the returns on those bonds over the following years.

The head of the Bank of Canada during the main phase of Canada’s gold reserve sell-off (mid-to-late 1990s) was Gordon Thiessen (born 1938). He served as Governor from February 1, 1994, to January 31, 2001. Thiessen spent his entire career within the Bank of Canada, joining in 1963.  However, it was his predecessor, John Crow (1987-1994), who began reducing its gold reserves significantly in the 1980s. While the Bank of Canada managed the sales operationally, the ultimate decision to sell the gold rested with the Government of Canada (specifically, the Minister of Finance and the Department of Finance). The Bank acted as the government’s agent in this matter.

Jun 3 2025

Repopulation in the UK Reaches New High


Posted originally on Jun 3, 2025 by Martin Armstrong 

Refugees Just Men

The United Kingdom admitted it “lost control” over its own national security and permitted the invasion of thousands of illegal migrants. Once the naval powerhouse of the world, the former British Empire has “lost” the ability to protect its own shores from the onslaught of migrants that have been pouring in since its leaders adopted open border policies. Men with little to no resources in canoes are suddenly overpowering the long-admired British fleet. In truth, the government has not “lost control,” as this is a calculated effort to reshape the UK.

The UK may not be in the European Union, but its leaders certainly still adhere to the same agenda, from open borders to censorship and net-zero initiatives. The Times of London reported 14,811 illegal crossings this year, a 42% annual increase. This is the largest number of invaders on record since the UK began collecting data in 2018. “Truth is, Britain’s lost control of its borders over the last five years, and the last government last year left an asylum system in chaos and record levels of immigration,” Defense Secretary John Healey told reporters.

Others are blaming France for not preventing migrants from launching from their shores. French police stopped 38% of migrants (8,347 people) attempting to reach the UK by boat this year. French authorities prevented 45% of new arrivals in 2024, and 47% in 2023. France is receiving €541 million over a three-year period from the UK government to prevent illegal crossings in the English Channel. France has hired hundreds of new law enforcement officers to patrol the waters, but the number of asylum seekers continues to rise.

Upon taking office, Sir Keir Starmer announced that the Rwanda plan was “dead” as he would not deport migrants to third nations. Labour has stated they are seeking a “calm and patient rebuilding” of migration policies and refuse to accept any large-scale deportation efforts. If you can make it to shore, you can likely stay. Starmer has said the UK is becoming an “island of strangers” but refuses to adopt any policies to curb the inflow.

The United Kingdom is experiencing a mass repopulation event. The former population is being replaced with both legal and illegal immigrants. Birth rates are plummeting, public debt is rising, and the government is openly permitting migrants to enter to maintain its public welfare state. Rather than fixing the issues that are causing the population to contract, the government is importing a new population. The British political elite, both Tory and Labour, have failed to grasp the historical implications of these shifts. It is not racist or xenophobic to observe patterns and hard truths. The core identity of the UK and other Build Back Better nations has been abandoned and replaced. They are not bringing in migrants for humanitarian purposes, and it would be a lie to think that the UK was completely unable to secure its border. If they can’t prevent a few thousand men on cheap boats from entering, how could they protect themselves in time of war? The government is allowing this to happen because it needs new taxpayers to replace the workers it failed to produce.

This is why conservative leaders are attempting to rebuild domestic manufacturing and providing incentives for women to have children. The global mainstream media is controlled by the left, and therefore, these nationalist values are painted as a form of hatred or superiority. Quite the contrary, as conservative leaders are attempting to save their nation’s culture and traditions by encouraging the success of their own population.

Globalism is directly tied to repopulation theory. “In the future, countries with aging populations may need migration to sustain their economies,” Bill Gates said, as he strongly believes that the world is overcrowded. “The world today has 6.8 billion people… that’s headed up to about 9 billion. If we do a really great job on new vaccines, health care, reproductive health services, we could lower that by perhaps 10 or 15 percent.”

Repopulation theory is more of a tactic than a theory. Hence, leaders like Starmer are ignoring warnings and standing idle as a demographic shift permanently alters their nation. As it stands, first-generation migrants will compose 25% of the UK’s population by 2035, according to the Centre for Migration Control, and the UK’s overall population will surge to 73 million. It may seem far off, but that is only a decade from now. All Build Back Better nations will be utterly unrecognizable thanks to repopulation tactics.