Canada and USA headed for trouble

While it is not official yet, barring some dramatic development, Joe Biden will become the next President of the United States. 

There are, I think, many reasons why this will have a negative impact on not only the US but the whole world. 

From what I have been able to determine, Biden is buying into the concept of the “The Great Reset” which is the real objective of and the reason for the World Economic Forum [WEF]. 

This is also an objective of the United Nations. 

They think there should be one world government. 

The idea is that with the world in the midst of the COVID-19 pandemic this is the ideal time to turn the world into a great socialist society and destroy capitalism. 

These people seem to think that the reason the western nations and their people have a higher standard of living is because the poorer nations have been exploited to the benefit of the wealthy nations by capitalism. 

Of course, they have it all backwards. What will create more equality among world nations is for all nations to develop capitalist economies. 

Only capitalist economies create wealth, socialist economies consume wealth. 

The capitalist countries need to assist the developing countries to develop the infrastructure for developing capitalist economies.

You can tell by the people he is appointing to his cabinet that Biden will be setting the US economy on a course similar to the Obama administration of which he was a part of as vice-president. 

What really got my attention was the appointment of John Kerry who was the vice-presidential nominee when Al Gore was the Democratic candidate in 2004, to a new position in which he primarily intends to use climate change as a stepping stone to achieve The Great Reset. 

If these world leaders were successful, it would fundamentally change the world economy. The end result would be that everyone would be reduced to the standard of living of people in the Third World or worse. 

Our Prime Minister seems to have this screwy idea that by changing our basic economy and developing a socialist green economy in lockstep with the rest of the world that everyone would be financially equal. 

He said “This pandemic has provided an opportunity for a reset. This is our chance to accelerate our pre-pandemic efforts to re-imagine economic systems that actually address global challenges like extreme poverty, inequality and climate change.” 

As Lorrie Goldstein wrote in a column in the Sun newspaper, “But what’s happening now is that the pandemic and the recession that accompanied it is pushing Trudeau in exactly the direction he wanted to go long before anyone had ever heard of COVID-19.” 

I think Trudeau has become totally dangerous. 

He has used the pandemic to run up the largest deficit, now close to $400 billion, in Canadian history and he has plans to run it up more.  One hundred billion for economic stimulus in the next three years and he is still hinting at developing universal childcare and pharmacare programs. 

This reckless spending will put Canada into a long-time systemic deficit and debt situation that will impoverish Canadians for generations.

I think the US electorate made a big mistake by electing Joe Biden over Trump as their next president. 

Trump is eccentric, disagreeable, obnoxious, a bully and a pathological liar but he had the US economy working on all cylinders until the pandemic hit. He did nothing to curb it which I think was his downfall. 

Under Biden the US will soon have millions of people on food stamps like they did with the Obama administration. 

The situation will be similar here in Canada especially if the electors are dumb enough to re-elect Trudeau in the next election. 

The combination of Biden and Trudeau will be a social and economic disaster for both countries.


by Herman Schwenk

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ECA Review