Tag Archives: WEF

Jul 18 2025

War Room Battleground EP 810: One Year Ago Today The Release Of Peter Navarro


Posted originally on Rumble By Bannon’s War Room on: July 17, 2025, at 9:00 pm EST

Jul 18 2025

NAVARRO’S NEW BOOK: ‘I Went To Prison, So You Won’t Have To’


Posted originally on Rumble By Bannon’s War Room on: July 17, 2025, at 2:00 pm EST

Jul 18 2025

NAVARRO On Weaponization Of Our Justice System: ‘I Went To Prison Because Of The Democrats’


Posted originally on Rumble By Bannon’s War Room on: July 17, 2025, at 2:00 pm EST

Jul 18 2025

Rep. MTG On GENIUS Act: “They’re Laying The Groundwork For A Fully Controlled, Cashless Society.”


Posted originally on Rumble By Bannon’s War Room on: July 17, 2025, at 2:00 pm EST

Jul 18 2025

60% of Canadians Face Rising Mortgage Payments by 2026


Posted originally on Jul 18, 2025 by Martin Armstrong 

Housing

Canadians with a mortgage renewal in the near future are facing trouble ahead. The Bank of Canada released a new report detailing that around 60% of outstanding mortgages are set to renew in 2025 or 2026, and those homeowners are highly likely to see a rise in monthly payments.

Most borrowers went into a five-year, fixed-rate mortgage when rates were significantly lower. The average monthly mortgage payment for those renewing in 2025 is expected to rise by 10% compared to December 2024. Those set to renew in 2026 should anticipate a 6% monthly increase in comparison to the same time period. However, this is all dependent upon the type of product purchased. The central bank noted that those who selected a variable rate payment may actually see a decline of between 5% to 7%. Those with a five-year, fixed-rate payment could see an increase of up to 15% to 20%. Of the 60% of mortgage holders facing renewals, around 75% of those facing increases hold a five-year, fixed-rate mortgage.

Five-year, fixed-rate mortgages account for 40% of all outstanding mortgages in the nation. The central bank’s report notes that 20% of these holders with mortgages renewing in 2026 will experience an increase.

The variable rate surpassed its peak years ago, but the renewal rates vary drastically. At the top, 10% of those renewing in 2026 could experience an increase of over 40%, while at the bottom, around 25% may see a decrease of at least 7%. Principal payments made since origination is one of the primary factors. Those who chose or had the ability to increase monthly payments to cover principal and interest are less likely to experience a dramatic price increase at renewal compared to those in negative amortization. These loans face rising interest that is added to the principal when the monthly payment is unable to meet the initial interest.

Around 80% of those with variable loans who renewed prior to March 2022 have repaid beyond their contract, leading to only 5% of that group holding a higher principal balance in February 2025 compared to the previous renewal or origination.

The central bank has deemed that this will not cause severe stress to the Canadian economy. Yet, the central bank is counting on borrowers having a higher income at renewal.

“Overall, we do not expect upcoming mortgage renewals to lead to a severe worsening of financial stress for affected borrowers, holding everything else constant. Indeed, most borrowers will likely have higher income at renewal and should face interest rates below what they were stress-tested for. That said, some borrowers with higher payments at renewal will face challenges. Many of them will need to change their spending to manage higher mortgage payments. And some may struggle to meet their other financial obligations.”

This is an optimistic analysis that relies on the economy strengthening at a time when the indicators are not there. Households cannot necessarily absorb these rate hikes, as we are looking at around 60% of renewals experiencing an uptick in monthly payments. The models show rising tension across Canadian banks and mortgage-backed assets into Q1 2026. This is not about a bubble bursting. It’s about a slow, structural compression.

Jul 18 2025

UK to Permit 16-Year-Olds to Voteoriginally onUK to Permit 16-Year-Olds to Vote


Posted originally on Jul 18, 2025 by Martin Armstrong 

Vote.UK_.Election

Teens in the United Kingdom were recently deemed too irresponsible to use social media and user-generated online content. Yet, the government has deemed it appropriate to now permit teens to begin voting in elections at the age of 16.

The Labour Party has been pushing legislation to permit 16-year-olds to vote. Coupled with digital IDs, teens will be permitted to apply for proper credentials as the UK moves toward an “increasingly automated voter registration system.”

“For too long public trust in our democracy has been damaged and faith in our institutions has been allowed to decline,” Deputy Prime Minister Angela Rayner said. “We are taking action to break down barriers to participation that will ensure more people have the opportunity to engage in UK democracy, supporting our plan for change, and delivering on our manifesto commitment to give 16-year-olds the right to vote.”

Young voters are the least likely demographic to cast a vote. In the UK’s 2024 general election, voter turnout for the 18-24 year-old demographic was only 47%. Yet, the youth tend to favor the Labour Party, leading many to believe this measure is an attempt to buy votes. As Winston Churchill famously said, “If you’re not a liberal when you’re young, you have no heart; if you’re not a conservative when you’re old, you have no brain.”

The government forces this demographic to pay taxes on earnings over £12,570. They must pay into the National Insurance fund from age 16 if they earn above the limit, with the government currently taking £242 per week. Teens as young as 15 years and 7 months may join the Army, and those 16 years of age of older may begin basic training with parental consent. However, they cannot serve in active armed operations until they turn 18.

Are 16 and 17-year-olds responsible enough to vote? If the government deems they responsible enough to begin training to fight and pay taxes, then perhaps the youth should be permitted to select who will lead them into war and dip into their pockets. Better yet, stop sending kids off to die in foreign wars and dissuading the youth from seeking out entry-level roles with taxation. If they’re responsible enough to select the leader of their nation, they should be able to access the internet freely and be exposed to a wide range of voices and opinions, rather than what the government labels as information or misinformation.

Jul 18 2025

Mexican Illegal Alien Arrested for Claiming False Kidnapping by ICE Agents


Posted originally on CTH on July 17, 2025 | Sundance 

This story is representative of just how desperate the political left and media have become over the issue of deporting illegal aliens.

41-year-old Yuriana Julia Pelaez Calderon, of South Los Angeles, who is an illegal alien, participated in a scheme to falsify a rather elaborate story claiming to have been kidnapped by ICE agents.  The woman and a group of co-conspirators, including her lawyer, fabricated a story and held press conferences claiming she was abducted by ICE agents.  The entire story was false, and she was arrested for fabricating the scheme [DOJ Announcement Here]

DOJ – LOS ANGELES – An illegal alien from Mexico has been charged in a federal criminal complaint with orchestrating a phony kidnapping – which she blamed on federal agents or people working with federal agents – to generate public sympathy and solicit donations, the Justice Department announced today.

[…] According to an affidavit filed with the complaint filed Wednesday, an attorney representing Calderon’s family held a press conference on June 30 to announce that Calderon had reportedly been kidnapped five days earlier at a Jack in the Box restaurant parking lot in downtown Los Angeles and brought to San Ysidro, where “she was presented to [a U.S. Immigration and Customs Enforcement] staffer” and “presented with voluntary self-deportation paperwork.” The attorney then said Calderon refused to sign the paperwork and demanded to speak to a judge and a lawyer. In response, “she was punished” and was sent to a warehouse in an undisclosed location.

The press conference garnered media attention and stoked fear in the community. Meanwhile, Calderon’s daughter set up a GoFundMe page, requesting $4,500 and stating that Calderon “was taken by masked men in an unmarked vehicle…when she was on her way to work.” According to the complaint, this entire story was fabricated. (read more)

Jul 17 2025

While the World Was Distracted by Epstein


Posted originally on Jul 17, 2025 by Martin Armstrong 

Power Grab 2

While the world was distracted by the Epstein debacle, legislators introduced the GENUIS Act that would permit the US government to regulate stablecoins. The GENUIS (Guiding and Establishing National Innovation for U.S. Stablecoins Act), primarily sponsored by Senator Bill Hagerty (R-Tennessee), permits the government to oversee, regulate, and define the $250 billion stablecoin market.

Now, stablecoins differ from cryptocurrencies as they are pegged to a stable asset such as a fiat currency or commodity. Cryptocurrencies are allegedly allowed to freely operate on the market based on supply and demand. The GENIUS Act will peg stablecoins to the US dollar and require issuers to maintain a 1:1 reserve ratio in short-term treasuries or cash.

Issuers holding over $10 billion in outstanding stablecoins will be subject to federal regulation under a newly created oversight agency. These issuers will now be deemed financial institutions and required to meet the traditional banking regulations as well. Stablecoins can no longer pay interest or act as an alternative to bonds. Perhaps most notably, issuers must not meet anti-money-laundering (AML) regulations, which are set to provide the government with unlimited access to payments.

So essentially, the government is turning the stablecoin into a digital dollar of sorts. The concern here is that this could delve into digitizing all currency and creating a CBDC. The act specifically provides the government with the authority to “block, freeze, and reject specific or impermissible transactions.”

“A permitted payment stablecoin issuer shall be treated as a financial institution [and]…shall be subject to all Federal laws applicable to a financial institution located in the United States including…policies and procedures to block, freeze, and reject specific or impermissible transactions that violate Federal or State
laws, rules, or regulations…”

CBDC Cover

This provision is not intended to protect the world against drug smugglers and thieves. This provision is intended to grant government unlimited control over how people spend stablecoins. The government could have easily frozen the accounts of those who refused the COVID-19 vaccination, for example, and the Biden Administration admittedly weaponized existing financial institutions to spy on Conservative Americans through their payment histories.

“Stablecoins are the bait and switch for direct-issued government CBDCs,” Bitcoin Magazine editor Mark Goodwin said, “Stablecoins can be programmed. Exactly like how we fear CBDCs will be programmed. They’re exactly the same tokenized mechanism… They can be taken out of your wallet. Your wallet can be blacklisted. A lot of the things that we fear about CBDCs are totally available within the tool set of Stablecoins.”

The GENIUS Act has received bipartisan support. Although Republican Hagerty championed the bill, he had bipartisan co-sponsors, including Senators Kirsten Gillibrand (D-NY), Angela Alsobrooks (D-MD), Tim Scott (R-SC), and Cynthia Lummis (R-WY).

I warned that governments would NEVER allow any cryptocurrency or stablecoin to compete with their own currency. I long warned that government was merely tolerating these alternative currencies in the past as they posed no real threat. But now the government needs the ability to tax everything to support its perpetual spending. Every digital transaction is traceable. Every digital currency is controllable—the ultimate power grab.

One of Donald Trump’s main campaign promises was the prevention of CBDC. The headlines are enraged over his failure to release the Epstein files, but the GENUIS Act is a far deeper betrayal of the American people that has the ability to usher in a new monetary system.

Jul 17 2025

EU Proposed €2 Trillion Defense and Climate Budget – Another Crack in the Bloc


Posted originally on Jul 17, 2025 by Martin Armstrong 

EU Break up

The European Union has just proposed a staggering €2 trillion budget over seven years, with a major focus on military defense spending. Once again, Brussels is proving that when governments face internal collapse, they do not turn toward reform. Rather, they turn toward militarism.

The war cycle is intensifying. The proposal would allocate 2 trillion euros ($2.31 trillion USD) over the next seven years into 2028—a pivotal year on the war cycle. Of that figure, 131 billion euros will go toward militarization. This budget is five times the current amount the EU is spending on defense.

“This is a budget for the realities of today, as well as the challenges of tomorrow,” European Commission President Ursula von der Leyen said during a press conference. Around 35% of the budget will go toward climate and biodiversity projects, she said.

The “challenges” von der Leyen is referencing are the looming sovereign debt crisis. They are not actually concerned about Russia invading Europe. Militarization is a political too,l and climate initiatives are the most lucrative tax grab. Brussels sees that it is failing amid a rising wave of nationalism. The net-zero climate change agenda has failed, along with the attempted globalization from the World Economic Forum. The people have lost confidence in their government, and as history goes, leaders will arm up before they step aside.

Von_der_Leyen_new_NATO_head

Socrates has been forecasting this exact shift. The war cycle is peaking into 2027–2028, with the effects being truly felt in 2028. Europe should be more concerned about internal conflict among EU member states than foreign enemies. Brussels forced members to abandon domestic objectives. They’re feeling it now with the energy crisis, migrant crisis, and looming military conscription. Taxes must rise to pay for these failing policies, and member nations must continually contribute more to both the EU and NATO. Confident leaders are beginning to realize that they’ve lost control of the reins on this runaway horse, but those are the leaders who are being silenced and demonized. Civil unrest, separatist movements, and loss of confidence in government will erupt across the continent.

March 2028 marks the beginning of a major shift in the Economic Confidence Model that may signal the start of the sovereign debt crisis in Europe. From 2028 to 2032, confidence in Western governments will completely collapse. The European Union will fragment once the debt crisis hits and it becomes clear that the unity was an illusion.

Jul 17 2025

Suddenly, For Some Mysterious Reason, Canada Wants to Put Limits on Chinese Steel Imports


Posted originally on CTH on July 16, 2025 | Sundance 

Well, what do you know?   An interesting article about Canada suddenly proposing to put limits on the amount of Chinese steel and aluminum they import.  Although missing in the article is a reference to what this means about the prior process that did not have such limits.

Essentially, if you drop the pretending within the Wall Street Journal/MSM narrative, the decision by Mark Carney to limit Chinese Steel is a direct admission of their knowledge to a preexisting level of imports that violated the USMCA and all previous demands to block imports of Chinese steel.

Trump always said Canada was a transnational shipper and entry into the USA.  Trudeau and Carney previously denied this was the reality.  Well, if that wasn’t the reality, then why the need to change? I digress.

OTTAWA—Canada introduced limits on how much foreign steel produced in countries other than the U.S. and Mexico can be imported, as the Liberal government tries to help a domestic sector reeling from President Trump’s 50% tariffs on Canadian steel.

Prime Minister Mark Carney said Wednesday that the series of import limits and the tariffs targeting steel products with Chinese links are required because the Canadian economy has been too reliant on foreign steel to meet the needs of the construction and manufacturing sectors. He cited data indicating that two-thirds of total steel consumption in Canada comes from abroad, compared with one-third for the U.S. and one-sixth in Europe.

Carney added that the changes would also guard against foreign steel entering Canada to bypass Trump’s tariffs. Canada has had a “disproportionately open import market” when it comes to steel, Carney said at a steel factory in Hamilton, Ontario.

He added that he wouldn’t allow the current trade conflict with the U.S.—combined with unfair trade practices elsewhere—to gut the nation’s steel industry at a time when Ottawa will require the metal to embark on trade-infrastructure projects such as ports, energy corridors and pipelines.

“We must diversify our trade relationships, and above all we must rely more on Canadian steel for Canadian projects. Those shifts start today,” he said. (read more)

We have awesome Canadian Treepers; however, I would like to ask the Canadians who are stuck in denial of the steel transnational shipping issue, why Canada needed to change?

{Non-Pretending Background Here}