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Tariffs, Canadian sovereignty, war in Europe, Alberta separation. These are the topics that all Canadians are concerned about today, and we should be, as all of them can and will profoundly affect our future, both as a nation and as individuals. Many people mistakenly believe that economists are glorified accountants, and perhaps some of them are.
But good economists, real economists, study how people, businesses, and governments use resources like money, labor, and materials. They analyze data, identify trends, and make predictions about things like prices, jobs, or economic growth. Their work helps guide decisions on government policies, investments, or business strategies.
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Martin Armstrong of Armstrong Economics has been an advisor to Margaret Thatcher. He's addressed U.S. Congress, and he knows personally many of the world's past and present leaders. In the early 1980s, Martin created his economic confidence model, with which he has successfully predicted the 1987 stock market crash, the decline of the British pound, the Russian financial crisis of the late 90s, the 2008 global financial crisis, Brexit, and the election of Donald Trump.
In my first interview with Mr. Armstrong, released just a few weeks ago and titled, The EU Will Start World War III and They Will Lose, he explained why Russia will not back down, why the EU will go to war, and predicted that the inevitable Russia-China coalition will win that war. In this second follow-up interview, Martin answers questions about America and Canada, what will happen if the U.S. becomes involved in that war, his model's prediction that Alberta will separate from Canada, and what will happen to the rest of Canada as a result. We all want a secure future for ourselves and for our children, and when we know the future, we can make plans not only to protect ourselves, but even to prosper.
Martin, welcome back to the show. Thank you once again for the generous gift of your time. Well, thank you for inviting me.
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So last time we discussed the EU, Russia, China, the fact that there is a war coming, and you even went so far as to predict it is a war that the EU was going to lose. And so I think, since we're here today to discuss North America, primarily the United States and Canada, I think the first question has to be, there's really two possibilities for that war as far as America and Canada are concerned. Canada almost certainly would get involved because we're a NATO state, we're under a liberal government, you even said that there might even be a draft.
However, the U.S. has two possible futures. In one, the United States gets involved in that war, goes to war with Russia on the side of the EU. And the other, Donald Trump actually listens to your advice, withdraws from NATO, and America does not get involved.
So under those two scenarios, Martin, what happens? You know, Trump is pulling troops out of the EU right now. I have spoken to, I won't say who, but I mean to some very high-level people on Capitol Hill. And I was saying, look, we should get out of NATO because they're going to create a false flag to invoke Article 5, claim that Russia did something to drag us in.
And I mean, I was surprised. You know, sometimes people would say, oh, that's a conspiracy theory or whatever. And the response was, no, you're right, we know.
I was like, wow, okay, we're getting somewhere. But my problem is I'm afraid some of these neocons, and look, I've been to dinner with these people. You look in their eyes and you do not see a warm light.
If you shake hands, you better take a shower afterwards. You know, it's just, I can't explain it. You know, their thinking process is, it seems to be just racist or, I don't know.
I mean, I think that because of Khrushchev back in the, you know, saying we will bury you and all right, fine, everybody got against communism. But that was a, not to invade Europe for an economic reason. It was more of an economic, you know, spreading a religion, sort of saying that, you know, communism is going to defeat evil capitalism.
So, I mean, you know, if you look at, for example, why did Japan go invade Manchuria? It was to get assets, you know, energy, you know, it was profitable. Okay, so if you look at most of the wars, why did they attempt to invade Russia? Because Russia is the richest country in the world from a natural resource perspective. So it is profitable if you can do it, all right.
I mean, look, they tried back, you know, in the 18th century and that ended up with Peter the Great, you know, won Russia war, you know, won then. Hitler tried it, Napoleon tried it, you know. So at least there's profit to be achieved if you do that.
On the other way around, economically, Russia would be out of its mind to invade Europe. They have nothing, okay. I mean, you're not talking about, oh, they get that we're going to have gas reserves and energy and gold or whatever.
You'll get nothing, you know. All you'll get is headaches. And then maybe the French will say, are you going pay our pensions now or what? You're going to get civil unrest, you know.
So in all honesty, Russia has no interest in taking, conquering Europe. There is nothing there. Even Trump's rhetoric with Canada, okay, at least there's natural resources there, all right.
Also, you know, if Russia were to attack the United States, the missiles would come over the top of the globe, over Canada. You don't go, you know, the Earth, like even if you fly from New York to Tokyo, they fly over the top because it's a shorter distance than flying around the belly, all right. You know, it's, you can't go to Tokyo nonstop, you know, across the, you know, across the middle of the Earth.
It's just, it's too big. Whereas, you know, New York to Tokyo, over the top, you can make a nonstop flight. So I understand Trump with the whole Canada issue from a national security perspective.
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Okay, I understand that. Plus Canada has natural resources. So there is at least an economic reason.
Whereas, if you look at Russia versus Europe, there is none. You know, so if you look at all the wars throughout history or whatever, they have been largely driven by economic reasons. Simple as that.
I mean, it's, you know, you don't go, you know, waging war against somebody that's going to cost you money and you're going to get nothing out of it. I think it's pretty obvious to anybody who understands the Alberta economy that, yes, becoming independent would be, assuming that they handle it correctly, and I love your suggestion of no income tax, that it's going to be very profitable, very beneficial for Alberta. But what happens to the rest of Canada? The rest of Canada becomes a third world country.
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They're just going to. What may also help with your separation is that Europe is preparing for war. I think your minister of defense just came out today, I believe, and said they have to increase their spending dramatically for military.
They're getting that decree from NATO. Yes. Next will be drafts.
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