Bank Branches are the Latest Creative Destruction Casualty


Posted originally on Jul 24, 2025 by Martin Armstrong 

Electronic Dollar Digital

Over 8,000 bank branches are expected to close worldwide in 2025. Approximately 3,200 of those closures will take place in the United States. Q1 experienced 148 net branch closures in the US, with all major banks slated to close branches throughout the year.

These are merely bank closures and not bank failures, although two smaller US banks did fail this year. People simply prefer online banking as we have made the switch from relational to transactional banking.

Bankrate conducted a survey that found 77% of Americans prefer online digital banking, yet other surveys believe the figure is closer to 89%. Digital banking has been rising in popularity in recent years, up from 203 million domestic users in 2022 to the 216.8 million projected users in 2025. The survey found that 34% of consumers use online banking on a daily basis, consistently checking their account and transactions. There has even been a 19% increase in use among the 65+ crowd who is least likely to use digital services.

Transactional BankingCoverr

The total number of bank branches across the US fell below 65,000 in Q2. Texas, New York, and California saw the largest decrease in brick-and-mortar locations. Many branches that chose to remain open are only offering drive thru services. One in three banks has closed in rural areas as there is no demand, and the Federal Reserve noted in its annual Banking Access Report that the number of “banking deserts” across the Midwest is rising.

Banks have no overhead with digital banking services and they do not need to hire staff. The cost-per-transaction for in-person banking is $4.00 compared to only $0.04 for digital. AI is rapidly replacing bank tellers with a 3 to 1 ratio.

The trend is global. The United Kingdom anticipates 370 to 450 branch closures this year. Germany and France are facing 1,100 closures combined. The Asia-Pacific region of the world saw a 16% reduction in bank branches from January to May 2025. Certain nations like Malaysia and Thailand also offer branchless micro-banking kiosks to substitute relational banking.

The money in your bank account is already just an electronic book entry. Not only is there less demand for face-to-face banking, but they are also preparing for CBDCs as bank branches are unnecessary without physical paper money. You can deposit a check on your phone or at a kiosk, but e-checks are rising in popularity. The only thing left for a branch is safe deposit boxes, and the government assumes you are hiding cash there anyway. Relationship banking is becoming a thing of the past, the latest casualty in the cycle of creative destruction.

War Room Battleground EP 811: Mask Mandate Trial Verdict Stuns Legal Expert


Posted originally on Rumble By Bannon’s War Room on: July 18, 2025, at 10:00 pm EST

Japan & MNRA Studies


Posted originally on Jul 16, 2025 by Martin Armstrong 

Child Vaccine

Some people are reporting that Japanese researchers were able to obtain vaccine and death records for 21 million people, and determined that those who died from MNRA came in “death waves” that took place 3-4 months after the injections, not right away. The data also reveal how long it takes for your death risk to return to normal, following a covid jab. This does not appear to be verifiable.

Data from Japan has been elusive.  They definitely have the information infrastructure, seen in publications with amazing detail for population studies.  It is a country of ~125M, and ~1.6M die every year.  So 21M would be ~13 years worth of death data.  I think it’s plausible that a researcher gets that much data.  I’ve seen shoddy population-wide mortality calculations before, but my guess is Japan would grant access to someone with the necessary experience.  And Japan has been under a decent amount of pressure to reveal details of its excess mortality:

Okada and Nishiura had a preprint released earlier this year with significantly smaller numbers for life expectancy in 2022 compared to 2021 or 2020. A paper chock-full of pandemic awareness, and notably, the one word most conspicuously absent: “vaccine.”

Also, out of the Japanese Medical Association (JMA) Journal: “Although Japan recorded the world’s highest rate of COVID-19 messenger ribonucleic acid (mRNA) vaccination doses per capita, COVID-19 cases and deaths exploded after the emergence of the Omicron variant, followed by a significant increase in excess deaths in 2022 and 2023. Although several hypotheses have been proposed to explain these phenomena, the truth remains to be established because sufficient studies and data disclosures have not been conducted to adequately investigate the possible contribution of mRNA vaccines.”

And another in BMJ comparing pre/post mortality: Excess mortality during and after the COVID-19 emergency in Japan: a two-stage interrupted time-series design

Unvaxxed_sperm_in_demand_by_hopeful_moms_Toronto_Sun

Even I must to admit, I received inquiries when some heard I refused to be vaccinated to my surprise. I am cautious even with my dogs. Traditional rabies vaccines have been effective for decades, but advancements in biotechnology are introducing new options.

1 Waiting Dogs

One such innovation is the mRNA-based rabies vaccine for dogs, which enhances protection and improves production. Why change something that has worked for decades if it is not broken? Make more money? Rabies in dogs has been largely eradicated in the United States. Yet the producers of vaccines have succeeded in making it a law that dogs must be vaccinated. I demand to know who makes any vaccine before they inject my dogs.

Reagan Trust but verify

Categories:

Over $4B Pledged to Ukraine Reconstruction


Posted originally on Jul 15, 2025 by Martin Armstrong |

Ukraine on Fire

The Ukraine Recovery Conference 2025 (URC) on July 10-11 in Rome concluded with joint agreements to provide Ukraine with 3.55 billion euros for reconstruction. “We received a clear message from Ukraine’s friends and partners: they are ready to invest in our recovery,” Oleksii Kuleba, Deputy Prime Minister for the Restoration of Ukraine and Minister for the Development of Communities and Territories stated. There is false hope that Ukraine will exist after this prolonged conflict.

The Ministry approved of five agreements worth over 370 million euros during this conference. The Italian Foreign Ministry agreed to offer 100% insurance coverage for banks on export loans up to 1.5 billion euros. If a bank lends money to support exports to Ukraine but the borrower fails to repay, the government-backed institution will take the loss. The claim is that the guarantee will safeguard Italian companies so that they may continue exporting goods and services to Ukraine. Ukrainian buyers will also have access to credit, and with the 100% insurance guarantee, banks may lower credit standards to otherwise risky borrowers. The potential for fraud is enormous. Worse, the Italian government and therefore the Italian people will be on the hook for 1.5 billion euros amid a highly unstable environment where repayment is not guaranteed.

The European Union and development banks also signed 10 agreements worth 929.3 million euros at the Rome conference. The World Bank through in $200 million as well for good measure. “Rebuilding Ukraine is not just about our country. It’s also about your countries, your companies, your technology, your jobs,” Zelensky said. Quite contrary as these government programs are selling out domestic policy in favor of a foreign government. The people do not benefit in any meaningful way as Europe has never relied on Ukraine for trade. Europe was more beholden to Russia before this ongoing war, which is precisely why they are experiencing a worsening energy crisis.

We need a Marshall Plan-style approach, and we should develop it together,” Zelensky stated, referring to the $13 billion (over $150 billion today) deal that the US granted to 16 European nations after World War II. The scale cannot be compared. The United States needed to stabilize Europe after the war to ensure that capital could continue to flow back to the States. No one is relying on Ukrainian capital. The US was also attempting to quell the spread of communism during this time and had a plethora of motives for assistance, none of which were purely charitable.

Western leaders are sacrificing countless funds for a nation that was never a strategic partner prior to the war. They believe the true jewel will be conquering Russia, whereas Ukraine is merely their stepping stone to enter the resource-rich, unconquerable land. Countless issues could be avoided if decision makers used history as their guide.

New Report Finds Miscarriage and Pregnancy Loss Among COVID Vaccinated Mothers


Posted originally on Jul 3, 2025 by Martin Armstrong

Pregnant

The biological warfare unleashed on the global population should not be a forgotten war. A new study observed miscarriages and pregnancy losses among mothers-to-be who received the COVID-19 vaccination during gestational weeks 8-13 and 14-27, respectively. Researchers also noted the impact on unborn babies of mothers injected with the influenza vaccination as a comparison.

The Israeli study analyzed 226,395 pregnancies and found that 1.1% of women lost their babies when given the COVID-19 vaccination after week 24 of pregnancy. An alarming 2.7% of women who received a COVID-19 vaccination in the early weeks of pregnancy suffered the loss of a pregnancy. The study also factored in expected losses due to natural events. Those who received dose 1 during 8-13 weeks experienced a higher-than-expected number of fetal losses of approximately 18 vs. 9 for every 100 exposed pregnancies.

Most pregnancy losses occurred after gestational week 20, with half of deaths happened after week 25. Mothers who received dose three of the vaccine during weeks 8 to 13 exhibited a higher-than-expected number of fetal deaths with nearly 1.9 (95% CI: 0.39-3.42]) additional fetal losses above expected per 100 pregnancies.

How does this compare to the typical influenza vaccination? Women vaccinated during weeks 8 to 27 of pregnancy exhibited a lower-than-expected number of fetal losses. Those who received the flu vaccine in weeks 8 to 13 had fewer losses of around 5 per 100 women vaccinated. The study also attributed this to health vaccine bias as those who received the influenzas vaccine were likely to be healthy to begin with and cleared by their doctor rather than forced by their government.

Israel has one of the highest global rates of vaccination, and although they did not issue a blanket mandate, the government provided the vaccinated with a “green pass” while shunning the others from accessing public venues. The Israeli Ministry of Health, along with every other health agency, urged pregnant women to receive the COVID-19 vaccination and explicitly advised all pregnant women in their second and third trimester to take the mRNA vaccine. The government found that women were most likely to take the untested vaccine if their physician recommended doing so. Every tactic to coerce the population into willingly accepting the vaccine was unleashed.

The Israeli Ministry of Health continues to recommend that pregnant women accept the vaccination, and if their babies survive, they can begin to take the COVID-19 vaccinations at 6 months of age. The Centers for Disease Control and Prevention and the HHS in the United States changed their recommendations in recent months and no longer encourage healthy pregnant women to take the vaccine, likely solely due to Robert F. Kennedy Jr becoming the HHS Secretary.

“As of today, the COVID vaccine for healthy children and healthy pregnant women has been removed from the CDC recommended immunization schedule,” Kennedy said in May 2025. “Last year, the Biden administration urged healthy children to get yet another COVID shot despite the lack of any clinical data to support the repeat booster strategy in children.”

The COVID-19 vaccination was never a medical necessity. There were no tests or studies conducted. Global governments aligned to attack the global population with an experimental vaccine that they insisted was safe and effective.

Pentagon Stops Some Promised Munitions for Ukraine


Posted originally on CTH on July 1, 2025 | Sundance 

If my data alignment points are accurate, now that the BBB is passed through the Senate we are likely to see some very major geopolitical changes come rushing to the surface.

Keep watching and let’s see if things happen the way we expect.

WASHINGTON DC – The Pentagon has halted shipments of some air defense missiles and other precision munitions to Ukraine due to worries that U.S. weapons stockpiles have fallen too low.

[…] In a statement following the publication of this story, White House Deputy Press Secretary Anna Kelly said that the decision “was made to put America’s interests first following a DOD review of our nation’s military support and assistance to other countries across the globe. The strength of the United States Armed Forces remains unquestioned — just ask Iran.”

Included among the items being pulled back are missiles for Patriot air defense systems, precision artillery rounds, Hellfire and other missiles that Ukraine launches from its F-16 fighters and drones.

The losses will surely be felt on the ground as Ukraine continues to beat back fresh assaults by Russian forces. (read more)

In related news not getting attention, French President Emmanuel Macron had a two-hour phone call with Russian President Vladimir Putin today. [LINK]  Also, Volodymyr Zelenskyy called the president of Azerbaijan today, an ally of Putin [LINK]. Azerbaijan is to Russia as Mexico is to the United States.

July 1, 2025 | Sundance

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Posted originally on Rumble By Bannon’s War Room on: June 26, 2025, at 3:00 pm EST