I have talked to a lot of Canadians on the issues of economics and trade. As a result, I can say with complete sincerity that not since the COVID-19 examples of New Zealand (lockdowns) and Australia (vaxx), has a nation engaged in such a level of mass cognitive dissonance as the govt of Canada on the issue of economics and trade – in the past few years. It is stunning.

To understand the reality of the situation Here’s an IN-DEPTH LINK. Apparently, few really understand the full scope of the issues.

President Trump responds to the latest decision of the Canadian government.

PRESIDENT TRUMP: “Canada was caught, red handed, putting up a fraudulent advertisement on Ronald Reagan’s Speech on Tariffs. The Reagan Foundation said that they, “created an ad campaign using selective audio and video of President Ronald Reagan. The ad misrepresents the Presidential Radio Address,” and “did not seek nor receive permission to use and edit the remarks. The Ronald Reagan Presidential Foundation and Institute is reviewing its legal options in this matter.”

“The sole purpose of this FRAUD was Canada’s hope that the United States Supreme Court will come to their “rescue” on Tariffs that they have used for years to hurt the United States. Now the United States is able to defend itself against high and overbearing Canadian Tariffs (and those from the rest of the World as well!). Ronald Reagan LOVED Tariffs for purposes of National Security and the Economy, but Canada said he didn’t! Their Advertisement was to be taken down, IMMEDIATELY, but they let it run last night during the World Series, knowing that it was a FRAUD.”

“Because of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now. Thank you for your attention to this matter!” [SOURCE]

President Trump said he will not be meeting with Prime Minister Mark Carney in Malaysia.

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An interesting development, as one of the embedded Lawfare operatives is exposed by CNN. According to documents reviewed by CNN, the Dept of Justice fired Virginia prosecutor Beth Yusi for sending the unauthorized case file, against New York Attorney General Letitia James, to her personal email account.

Apparently, the transfer of files is the process used by DOJ Lawfare operatives to leak information to the media. Beth Yusi (pictured left) was fired for doing it, and shockingly CNN has the receipts.

(VIA CNN) – The Virginia federal prosecutor who resisted bringing mortgage fraud charges against New York Attorney General Letitia James sent investigative files with James’ personally identifying information to her own private email account, according an email reviewed by CNN.

The prosecutor, Beth Yusi, was dismissed earlier this month at least in part because of the mishandling of the personal information, people familiar with her termination said.

Yusi’s attorney Margaret Donovan told CNN that the former prosecutor “has no record of any such email” and “has never used her personal email account for any portion of any investigation. (read more)

In related matters, Letitia James appeared in court today, and took to the steps of the courthouse to say she was being politically targeted for her mortgage fraud.  The hypocrisy is rich considering James ran on a specific platform to target her political opposition.

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Put this in the ‘beyond ridiculous’ file that explains the current situation of a contracting European economy; specifically, in the auto sector.

Europe has fines associated with the production of gasoline powered engines if the auto company doesn’t hit targets for sales of electric vehicles.  The fines triggered this year.  In order to avoid paying the European fines the auto makers are forming alliances with Chinese EV makers to purchase carbon credit offsets.

In essence, EU car companies buy Chinese car company carbon credits, to avoid the EU fines.  The Chinese car companies can then use the carbon credit revenue to subsidize lower priced Chinese EVs to the European car market, thereby undercutting the European EV car companies.  BRILLIANT!

MILAN, Oct 21 (Reuters) – Automakers have formed alliances to help them avoid hefty European Union fines on carbon emissions by purchasing credits from electric vehicle companies. Several legacy automakers face potential fines as the transition to EVs in Europe has proved slower than expected in recent years.

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Underpinning the contracting EU economy are two major forces.  First, the instability of their financial markets, thanks in majority to their catastrophic Build Back Better energy agenda.  Secondly, China exploiting the economic vulnerability and dumping massive amounts of cheap goods onto their consumer market.  Both forces are working against the EU economy.

To backstop the collapse, the EU is counting on expanded militaristic spending to get them out of their dead-end path.  Again, in majority, the economics of the thing is why they want expanded war with Russia – regardless of the detrimental outcome.  Without war they have to give up their Build Back Better green energy program.

In this interview, EU Central Bank President Christine Lagarde obfuscates both issues and points a finger at President Trump’s geopolitical economic and trade reset.  The only thing she accurately presents is the scale of the issue, the “trillions at stake” part.  WATCH (Transcript Below):

[Transcript] – MARGARET BRENNAN: We’re joined now by the President of the European Central Bank, Christine Lagarde. The ECB sets interest rates for many countries in the European Union, which is America’s largest trading partner. Good to have you here.

CHRISTINE LAGARDE: Lovely to be back, Margaret.

MARGARET BRENNAN: From where you sit, how would you describe the state of the global economy?

CHRISTINE LAGARDE: In transformation.

MARGARET BRENNAN: Transformation.

CHRISTINE LAGARDE: Transformation, I think caused by a couple of things. One is the tariffs, which have changed the map of trade around the world and reconstituted new alliances and reformed the way in which we trade with each other. I think the second major transformation is the impact of artificial intelligence on everything we do from data management to dating and everything in between.

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At a certain point facilitating an extension to conflict becomes an enabling of killing. It appears that President Trump has reached the end of his support for delivering mechanisms of war.

Writing on Truth Social, President Trump notes:

According to media reports, President Trump has decided not to sell Tomahawk missiles to NATO for transfer to Ukraine.  Nothing good can come from putting more offensive weapons into the conflict other than more bloodshed.

The expressed position of the White House is to freeze the Ukraine war at current “property lines” of control, and enter negotiations to stop fighting.  Toward that end, it appears President Trump is no longer willing to facilitate expanded conflict.

This position comes after an extended two-hour conversation with Russian President Vladimir Putin, and also a meeting on Friday with Ukraine President Volodymyr Zelenskyy.

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Argentina’s president, Javier Milei, travels to the White House to meet with President Trump after Secretary of Treasury Scott Bessent organized a $20 Billion currency swap to help underwrite the Argentinian currency.

The currency swap is a major financial lifeline to the South American nation. As Milei arrived at the White House, President Trump was asked if he had a message for the Argentine people, responding: “We love them. We’ll be here for them. They have a great leader.”

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New York Attorney General Letitia James has been indicted by a Virginia grand jury on a federal charge of bank fraud. [INDICTMENT HERE]

WASHINGTON — New York Attorney General Letitia James, a Democrat who has clashed with President Donald Trump, was indicted Thursday by a federal grand jury in Virginia, three sources familiar with the matter confirmed to NBC News.

James was charged with one count of bank fraud after Trump publicly called for his Justice Department appointees to bring charges against her.  The case has been assigned to U.S. District Judge Jamar K. Walker, a Biden appointee. (more)

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The heart of the European industrial economy is Germany, and there’s major trouble afoot within the largest industrial sector within Germany.

Following the “Build Back Better” agenda, the EU went all in for green energy proposals.  EU banking and finance followed suit, funding investment capital for electric vehicles (EVs) to replace combustion engines.  Unfortunately, this put the EU, specifically Germany, in the position of competing against the largest EV industrial base in the world, China.

The second major flaw was capital only flowing to the EV sector, and Europeans -along with the majority of the industrial west- are just not buying EVs at a production capacity to match prior investment.

Put it all together and Germany is trying to compete with China to produce a product their consumer base doesn’t want.

GERMANY – ZF Friedrichshafen’s announcement that it is cutting 7,600 positions adds to the German supplier industry’s troubles as parts makers struggle to manage the shift to EVs, along with falling demand for combustion engine components and increased competition from Chinese suppliers.

Including job losses at Volkswagen, Audi, and Porsche, the German auto industry is expected to eliminate nearly 100,000 jobs by 2030, according to an analysis by Bloomberg.

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Treasury Secretary Scott Bessent appears on CNBC to discuss the second full day of the government shutdown and the potential ramifications therein.

Office of Management and Budget Director Russ Vought is meeting with President Trump today to discuss the facets of the government that will be closed and for the duration therein.  Secretary Bessent is asked if the furloughs will be a long-term feature of the backfire created by the Democrat strategy.

Bessent reemphasizes he personally joined the Trump administration to shrink the scale of government spending, and the administration is not going to flinch on any CR agreement that backtracks on existing spending reductions.  WATCH:

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It is not hyperbole to think the Moldovan election today may possibly determine whether a NATO war with Russia takes place, or whether the NATO desire for conflict slowly begins to dissolve. {GO DEEP}

The small country squeezed between Romania (the largest NATO super-base constructed) and Ukraine, is located in a critical area. Whether Moldova joins the EU, or whether Moldova remains independently free from Brussels influence, is part of the outcome. The Moldova Parliamentary Elections are today.

The EU/NATO are at a zero-sum inflection point. THIS is the tinderbox.

There are roughly 2.5 million registered Moldovan voters living in Moldova. However, the govt of President Maia Sandu and her EU control agents expect 500,000+ votes from outside Moldova to determine the election outcome.

Of the 3,000 poll watchers, 900 members of the international coalition to influence critical elections (aka western intelligence operatives) are currently active in Moldova providing real-time voter feedback.

The non-pretenders will note the intelligence these operatives return helps western IC determine how many mail-in ballots are needed for EU/NATO success to support President Sandu.

There are 300 polling stations opened across 41 countries. Britain hosts 24 stations, Germany 36, Italy 75, and Russia has two.

Voting in Moldova ends at 21:00 local (9pm)/15:00 ET, but mail in ballots will continue flowing. The first preliminary results should become known around 23:00 (11pm local). [5pm Eastern US.]

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