Posted originally on Apr 28, 2025 by Martin Armstrong
I have never witnessed such outright lies by a candidate as Carney. But hey, it has worked. With the votes in from the East, giving the Liberals 150 seats out of 343 so far, there is no way the Conservatives will get a majority. Our model provided three numbers for the Liberals: 41.25, 45.40, and 59.93. They are at 45.5 currently. His entire campaign has been about hatred of Trump.
Carney is a globalist, and he will sign up with the losing team, all for this agenda from the World Economic Forum, of which he has been indoctrinated as a key player. Mark Carney will remain Canada’s prime minister. There is no question about that. Even if the Conservatives took every seat in the West, they would still not have a majority and Carney will form a coalition if he didn’t get 172 seats.
As one reader just wrote in: “To be honest with you, I don’t care anymore, today Canadians have sealed their fate .” Our computer has been showing that Canada’s economy will take a nosedive over the next two years, into 2027. Of course, Carney will blame Trump. He has carried out this agenda from the Neocons to try to isolate Trump. Still, in the process, Carney has undermined trade relations with the United States far beyond Trump, and sources say he will try to shift to the EU, which can’t seem to get out of its own way when it comes to economics. EU consumer consumption is $1.29 out of $10 globally, with 450 million people, compared to 25% for the USA, with only 330 million people. The EU will likely move into a depression, so this won’t work out well for Canada.
Posted originally on Apr 28, 2025 by Martin Armstrong
QUESTION: Marty, Socrates seems to be pointing to a C$ bounce. Does this imply that Carney will lose, or does it mean the bounce will be brief on his nonsense and then turn south?
RE
ANSWER: The only hope that Carney has is a coalition. Comparing the Conservatives to the Liberals in Canada provides an interesting picture. Trudeau was able to be the leader of Canada with 32% of the vote. The computer clearly shows that Carney will beat Justin Trudeau, who was first elected as Prime Minister of Canada on October 19, 2015, and served until his recent resignation in January 2025. He led the Liberal Party to victory in three federal elections during his tenure. In 2015, he had 39.47% of the vote. Then in 2019, he won with 33.1%. Then in 2021, he won with 32.6% while the Conservatives beat him with 33.7%. This is the problem with a Parliamentary system – it allows fragmentation and coalitions.
Trump threw his 2 cents into the ring on Truth Social. That could help Carney. Canada would never become the 51st state. Each province would become a separate state, and that would mean each gets two senators, and they could join the Democrats and kill the US economy with their EQUALITY that has killed Canadian productivity. Canada’s once-thriving economy is now facing severe challenges, from a housing bubble that has pushed debt beyond GDP to a massive brain drain of skilled workers. With real estate prices climbing over 300% in two decades while wages lag far behind, homeownership is slipping further out of reach for most Canadians. At the same time, Canada’s productivity is declining, with the average worker producing 30% less than their U.S. counterpart. With rising discontent, increasing financial strain, and a lack of strong leadership. This has led to the question of how much longer Canada can hold on before a major economic crisis?
In the last election, the Conservatives beat Trudeau with 33.7% vs 32.6%. To get a majority, they need 172 seats. The Liberals will most likely carry the East – Newfoundland, Nova Scotia, Prince Edward Island, New Brunswick, Quebec, and Ontario. This election could ignite the separation fires burning beneath the surface in the West. Our model warns that it was the completion of a 72-year cycle in the 2021 election for the Liberals, and that should be the low point. They have a fighting chance this time and will beat Trudeau’s numbers.
We still have the risk of war in May. Germany has just instructed Zelensky not to agree to any peace deal with Trump. The key level will become 7225 in the future, going into May.
Posted originally on Apr 26, 2025 by Martin Armstrong |
COMMENT: Martin,
Had to laugh here’s a comment about Janice Stein and Mark Carney.
As my father in law always said, “in the valley of the blind the one eyed man sees the most.”
The world is full of Academics that have no clue, too many people playing business and politics with other people’s money and lives!
“Janice Stein Endorsed Carney . Canada’s Leading, Most Respected Political Scientist and International Affairs Expert Janice Stein saying “Mark Carney is the “World’s Leading Economist” and Could very well lead the “Whole World” through the Trump Crisis, let alone Canada.” Stein isn’t just a leading voice in Canada—she’s recognized worldwide for her expertise in conflict resolution, global governance, and international relations. When someone of her global standing says this, it’s a big deal! Janice Gross Stein is Canada’s leading, most respected political scientist and international affairs expert.”
When a third of the country works for the Government, and a third is living off the Government, it sure makes it hard for the other third to vote for a Government.
Unfortunately, this Monday, Canada will witness another Liberal win, which will confirm your forecast that Canada will split!
It’s just time!
Jim M
REPLY: Carney was a key player in this Net-Zero nonsense, and he has lied about everything and acts like he is running against Trump – nobody else. I have not yet confirmed that the coup at the WEF was also in hopes of supporting Carney to claim he is not truly linked to Schwab, since he is no longer there. Trudeau resigned to avoid a NO CONFIDENCE vote, which would have led to the loss of power for the Liberals. Every step of this game is to retain power for the LEFT.
Carney is the instrument of Canada’s demise, for the LEFT will always burn down their own houses to protest against the RIGHT. Carney offers nothing that will benefit Canada, and the joke that Canada will replace the USA as the new leader of the world is laughable. Canada is highly socialistic, so the “income inequality” is lower, just like Communist Russia and China, which ultimately caused their demise. The productivity of the US compared to Canada explains the cost of the more regulations that Canada adopts, following Marx’s socialist philosophy.
United States: $76,643
Canada: $56,316 The U.S. GDP per capita is about 36% higher than Canada’s in nominal terms.
The U.S. indeed has higher inequality, so that median income disparities may be less pronounced. The U.S. generally has higher labor productivity due to greater investment in innovation and technology. The U.S. population (332 million) is nearly 9x larger than Canada’s (38 million), the US economy accounts for 25% of the entire world’s consumer spending, which is why the US is the reserve currency of the world because everyone has to sell whatever products for export to Americans – not Canadians.
Carney’s Vision of Replacing the United States as New World Leader
There has been a coup at the World Economic Forum because these very LEFTIST views and agendas are collapsing. So, Carney wants to lead the world on a sinking ship? As one reader put it.
“It appears from here, at first glance, that the WEF is repainting its storefront in an effort to stay in business while narrowing its attacks on the global food supply chain to taking control of the water supply. Same depopulation goal, new coat of paint.”
FA in Arkansas
Military:
The US has one of the largest militaries globally, with approximately 1.3 million active-duty personnel, with 800,000 reserves, which is the highest globally at $877 billion (2023), about 3.5% of GDP.
Canada has around 68,000 active personnel and 27,000 reserves, which cost $26.5 billion (2023), roughly 1.3% of GDP.
The US military is a global powerhouse with unmatched scale and technology, while Canada’s smaller force emphasizes specialized roles, alliances, and domestic/Arctic security. Their cooperation through NATO and NORAD underscores a strategic partnership, with Canada often leveraging US capabilities for broader defense needs. Yet, Carney is claiming that Canada will now lead the world? Differences in budget and scope reflect distinct national priorities.
The 2025 Canadian federal election will be held on April 28 to elect members of the House of Commons to the 45th Canadian Parliament. The problem with Canada is that the Parliamentary System does not allow the people to vote for who should lead the country. Carney would never become president in the United States, where 42% would be the loser. The problem is that governments are cobbled together with coalitions, and this is what prevents any true economic progress for the future.
The LEFT has been declining since its high in 1949, necessitating coalition governments to remain relevant. Trudeau only won 32.62% of the vote in 2021. Carney should beat that since the 2021 election was most likely the bottom of a 72-year cycle. Additionally, the higher percentage of the workforce employed by the government in Canada naturally gives them an edge over conservatives. The rate of the US workforce employed in government is 13.8%, compared to 18.6% in Canada. This is what has lowered the Marxist view of “income equality” in Canada vs the USA.
We will do an Update on the threat of Canada Splitting soon.
Posted originally on Apr 26, 2025 by Martin Armstrong
COMMENT: Nigel Farage said that your WEC events were the “alternative to Davos,” but you also don’t gouge people as Schwab does. He charges between 500,000 and 700,000 CHF to be a member and 27,000 CHF to attend Davos. Your forecasts come true, theirs never do. Our firm did not renew for 2025 after Trump won the election. Our board follows your projections, not those of the World Economic Forum (WEF). You’re correct, you went there only for political connections, not for the forecasts. Their failure to achieve Agenda 2030 is apparent. Schwab’s board members have been placed in high positions, from the ECB and the EU, as well as with the gullible like Trudeau and Carney in Canada.
Nigel’s Reform Party is now also in first place. This is because he shares your philosophy, not Schwab’s.
You are the only real forecaster and the genuine alternative to Davos.
DH
REPLY: Thank you. In all honesty, Schwab was never right because he is an academic caught up in the Marxist theory that the government has the power to control and alter the direction of the economy and society. Nobody has ever been able to change the business cycle, let alone “flatten the curve” of a virus.
He stuffed political positions with his star pupils and bragged about infiltrating so many cabinets, especially those of the Liberal Party in Canada and in New Zealand.
The lockdown destroyed the economy because these people only look at a single issue and cannot understand that (1) we are all connected, and (2) the lockdown failed to reverse the climate change nonsense, which was the fundamental objective, nor did it stop the virus that comes back seasonally. The WEF was proud of the lockdowns.
What they just did to Schwab is consistent throughout history: the LEFT is always the most violent. They always view themselves as the victims of the RIGHT because they work for their money and get ahead. The LEFT revolutions of 1848 and the early 20th century have killed hundreds of millions. Nothing will ever change in this regard.
Posted originally on Apr 25, 2025 by Martin Armstrong
Peter Brabeck-Letmathe has replaced Klaus Schwab as the acting CEO of the World Economic Forum in what appears to be a stage coup. The 80-year-old Austrian businessman spent his career working for Nestle, moving through the ranks from 1968 to 1997 when he was appointed CEO, a position he held until 2008. He remained at Nestle as a chairman until 2017, when he was appointed as Chairman Emeritus.
Brabeck-Letmathe held board memberships with Credit Suisse, Roche, Exxon Mobil, L’Oréal, and Salt Mobile SA. He was the founder and chairman of the 2030 Water Resources Group (WRG), a public-private partnership within the World Bank.
The 2030 Water Resources Group (2030 WRG) is a global multi-stakeholder partnership that brings together governments, the private sector, and civil society to address the growing challenges of water scarcity and water management worldwide. This program was first launched at the WEF’s Davos in 2008, and naturally, Nestle is a major partner as well. Demand for water will outweigh supply by 2030, the group insists, and its goal is to manage the world’s water supply.
Nestle extracts free-flowing water, bottles it up in plastic containers, and marks it up for a profit. The company has acquired water extraction rights across North America, permitting it to extract large volumes of water from public lands, springs, and aquifers, often siphoning far more than the law permits. The company effectively found a way to privatize access to water. Many communities have gone without water due to the company’s control over the water supply. The company has no concern for the environment or human rights, and this is merely the tip of the iceberg in terms of their corrupt practices.
What better way to control the masses than to control the water supply? Remember, the World Economic Forum has strongly advocated banning independent farming and gardening. Everything they ban is under the premise of protecting the climate, but as you can see, the new WEF CEO has never cared about the environment.
The WEF partnered with the United Nations to encourage “global policy coherence” and increased investment to manage the world’s water supply. It is no conspiracy – globalist entities are scheming ways to manage our water usage. These unelected entities believe they can deem what constitutes essential and non-essential water usage. Brabeck-Letmathe believes 98.5% of freshwater used for farming and agriculture should be classified as an economic good that is priced according to reduce waste. Controlling the water supply will permit them to also control the food supply.
Peter Brabeck-Letmathe has spent a lifetime studying methods for privatizing water. In the video above, Brabeck-Letmathe said that Klaus Schwab asked him why he wanted to focus on water over CO2 and the Earth’s warming. “I think our real problem is more urgent—it’s on the water side.” He later noted that governments must first believe that they have a water crisis and then partner with the private sector to solve this new problem. Agenda 2030 did not die with Schwab’s departure. There is a new leader at the helm and a new focus to usurp ultimate control over the global population.
There has been a Coup at the WEF for nefarious Reasons,, which we will discuss separately on the weekend
The fragmentation of Canada is bubbling beneath the surface, as we see in the United States as well as in Europe. There is a huge divide between LEFT and RIGHT politics, and never since the late 19th Century to the 1920 period has there ever been such a stark political divide.
There was such a rise in Progressive Socialism that Teddy Roosevelt abandoned the Republican Party, splitting off to create the Progressive Party, also known as the Bull Moose Party, in 1912 following a split within the Republican Party.
There was an ideological split with President William Howard Taft, and these ideas led to the Income Tax in 1913. Roosevelt, a progressive Republican, grew disillusioned with Taft’s conservative policies, such as his support for the Payne-Aldrich Tariff (which raised rates and angered progressives) and his handling of the Ballinger-Pinchot Affair (a dispute over conservation that portrayed Taft as anti-environmental). Roosevelt believed Taft had abandoned progressive reforms
Roosevelt sought the Republican presidential nomination in 1912 but lost to Taft at a contentious convention. Alleging corruption and delegate theft, Roosevelt and his supporters walked out, forming the Progressive Party to continue his Marxist-style agenda. His Progressive Platform was called the “New Nationalism” platform, advocating for:
Strong federal regulation of corporations and monopolies.
Women’s suffrage.
Workers’ rights (minimum wage, workers’ compensation).
Direct election of senators.
Primary elections to reduce political corruption, with candidates selected as in Parliamentary systems.
Social welfare programs (e.g., pensions, child labor laws).
The party aimed to unify reformers and address growing public demand for economic fairness and government accountability during the Progressive Era. It was launched in August 1912 at the Chicago convention, where Roosevelt was nominated for president. The split in Republican votes between Roosevelt (27%) and Taft (23%) handed victory to Democrat Woodrow Wilson, who signed the income tax into law in 1913. Despite losing, the Progressive Party’s ideas influenced later reforms, such as the New Deal and Progressive Era amendments (e.g., direct Senate elections, income tax).
The party dissolved by 1916, but its platform left a lasting mark on U.S. progressive politics. Roosevelt’s campaign highlighted the power of third-party movements to shift national discourse, even in defeat.
We have reached the critical 112-year half-cycle of FAR-LEFT Progressiveness. It is going crazy everywhere. Now, the famous Democratic Advisor James Carville has come out and said the Democratic Party should split. They lost as Teddy Roosevelt lost, and they are taking the Democratic Party with them. We see the same in Canada with Carney. Europe has also gone extreme to the left, censoring free speech to maintain its ideas.
Throughout History – it is ALWAYS the Left that Destroys Civilization
Posted originally on Apr 14, 2025 by Martin Armstrong
Our Institutional Report covering Europe’s countries with their forecasts generally out to 2032 has been a monumental effort. We greatly appreciate your patience, but this is vital for the decision-making for future investment in Europe. Things are certainly different from the past. Countries like Sweden and Switzerland, which had been neutral during previous world wars, have surrendered their neutrality and will not prove a safe harbor for capital during this conflict. Sweden has joined NATO and even sent jets to Poland. Switzerland gave up all foreigners with accounts and seized over $8 billion of accounts belonging to Russians, abandoning its historic traditions.
This report covers countries that nobody else even covers.
This also addresses the War with Russia & The eventual breakup of the EU itself
577 Pages fully illustrated with Charts and Arrays Per County, covering Currency and share markets
This Report is massive, and the price is $10,000 per institution.
(Please email to let us know how many reports you may need)
Posted originally on Apr 1, 2025 by Martin Armstrong
The World Health Organization admitted that it has “no choice” but to cut its budget substantially. America’s exodus from the organization left the WHO with a budget gap of $600 million for FY2025, and it plans to cut expenditures by 20%.
The United States provided 16.3% of all funding from FY2022-2023, amounting to $1.3 billion of the organization’s $7.89 billion. Trump believes the WHO partnered with China to hide the origins of COVID-19, and he is particularly disgruntled that the US was paying 10X more into the organization compared to China at a cost of $500 million annually. “The World Health Organization has become nothing more than a corrupt Globalist scam…paid for by the United States, but owned and controlled by China,” Trump stated in November 2024. “I will not allow public health to be used as a pretext to advance the march of global government,” Trump stated before vowing to leave the organization.
“Dramatic cuts to official development assistance by the United States of America and others are causing massive disruption to countries, non-governmental organisations and United Nations agencies, including WHO,” WHO director-general Tedros Adhanom Ghebreyesus said in his e-mail to staffers. “While we have achieved substantial cost savings, the prevailing economic and geopolitical conditions have made resource mobilisation particularly difficult.”
Tedros is the first person in the 75-year history of the WHO who is not a medical doctor. Klaus Schwab supported him for that post, just as he recommended Lagarde for the IMF and then for the European Central Bank. He has also put in the head of the IMF from his board of the WEF as well. Schwab has the WHO in his back pocket. To put someone who is not a medical doctor at the head of the World Health Organization would be like putting Jeffrey Epstein as the head of a monastery.
The Bill and Melinda Gates Foundation was the second-largest donor to the WHO, and Gates used the organization to push the pandemic response, urging nations to use the very vacations he helped to fund. That man had ties to every globalist health organization. Still, Gates has come forward in recent weeks saying his organization simply can’t make up for the budget gap caused by the US withdrawing—and that is GOOD NEWS.
All the world leaders supporting the Great Reset were eager to relinquish complete power to the unelected officials at the WHO. The WHO wanted to seize the ability to force health mandates on the global population. The organization continually asks for global taxation in the name of health.
The scheme is to eliminate democracy. They accomplished that in Europe, where the people are allowed to vote only for an MP who has no power to overrule the Commission, which never stands for election, as is the case with the head of the EU, who is also UNELECTED by the people. The general belief is that the people are TOO STUPID to know what is best, and democracy became populism when Trump was elected. This proposal is clearly stated as part of the Great Reset put out by Klaus Schwab and the World Economic Forum.
The Pandemic Treaty would have allowed the WHO to bypass national laws and impose its will on the people. There has never been a more massive power grab than what we witnessed under the guise of the pandemic. The WHO attempted to force nations to sign a Pandemic Treaty in 2022 to ensure it could remain in control:
“The COVID-19 pandemic has exposed gaps in the governance, financing and systems needed to keep the world safe from epidemics and pandemics. There is an emerging global consensus around the need for an international treaty or other legally binding instrument, to provide the framework for a more coherent and coordinated response to future epidemics and pandemics.”
They had plans for global passports, taxation, and every method to provide a small group of unelected “visionaries” with centralized control over the world. The WHO is one of the organizations that was used to help them achieve their goal. As stated on the World Economic Forum’s website:
“To achieve a better outcome, the world must act jointly and swiftly to revamp all aspects of our societies and economies, from education to social contracts and working conditions. Every country, from the United States to China, must participate, and every industry, from oil and gas to tech, must be transformed. In short, we need a “Great Reset” of capitalism.”
Now I could go on endlessly about the plans for the Great Reset, but focusing on the WHO’s involvement—their role was to weaponize public health to provide the WEF and UN with the ability to restructure the global economy. Trump’s withdrawal from the organization was a major win for global freedom. We will see the nations still on board with the Great Reset attempt to boost funding, as the power the pandemic provided was far too great to relinquish.
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