Last Week Today Episode 188 Show Notes for Monday, March 10th, 2025
Globalist Banker Mark Carney is Canada’s New Prime Minister, The Trade Wars are Heating Up, The New US “Strategic Crypto Reserve,” the EU’s Plan to ReArm Europe & Lobsters are Bad!
Globalist Banker Mark Carney is Canada’s New Prime Minister!
Mark Carney has won the Liberal leadership and stands poised to become Canada's Next PM.
As noted in the March 9th, 2025 Zero Hedge post, “Trud-Out: Mark Carney To Become Canada's Next PM,” the next PM:
… will become a prime minister who doesn’t currently hold a seat in the legislature, a rare occurrence.
In 1984, Liberal Prime Minister John Turner also took the top job after winning the Liberal leadership race following the resignation of Pierre Trudeau, without holding a seat in the legislature at the time.
Even more unusual, Carney will be the first prime minister who has never held an elected public role in Canada’s history.
Curiously enough, Carney won the prize in an interesting contest where at least one of his major competitors, former MP Ruby Dhalla was disqualified for unknown reasons and only 150,000 of the 400,000 paid memberships eligible to vote actually did so.
The March 10th, 2025 Rebel News post, “STATISTICALLY IMPOSSIBLE: The Carney vote results cannot be trusted,” calls into question the honestly of the Liberal result.
There’s also a curious “loophole” in the Liberal leadership campaign where, as outlined in the March 8th, 2025 CBC News post, “Liberal leadership contenders not required to disclose campaign contributions,” the decision was left to candidates as to whether or not contributions to their campaign are made public.
It’s noted that, prior to becoming Liberal leader, Carney served a stint as governor of the Bank of Canada, another stint as the governor of the Bank of England and periods where he served as chair and head of impact investing at Brookfield Asset Management and as chair of the board of directors for Bloomberg L.P along with a bunch of other jobs.
Carney is considered a well connected insider with many rich friends, some of who may have assisted fiscally with his campaign. As outlined in the March 7th, 2025 National Post story, ”Poilievre pledges to close 'Carney loophole' on disclosures for leadership candidate,” certain conservative politicians are vowing to “close the loophole,” and learn who’s funding the well connected globalist banker.
As a result of the transition of power from outgoing PM Justin Trudeau to Carney, an election is expected soon according to the March 10th, 2025 National Post story, “'Canadians love a good comeback': Carney hints at snap election in note to supporters.”
Of course, there’s the still all the external scandals plaguing the Liberal record over the past ten years which, while difficult to even list, in a short video, are something Carney is going to have to deal with it.
Here’s a short form description of the last ten years of Liberal scandals, set to music.
Also in the News this Week
The Trade Wars are Heating Up.
As outlined in the March 10th, 2025 Newsquawk post, “Nasdaq sees worst day since 2022 as fears over US economy rise - Newsquawk US Market Wrap,” concern over the US economy, potential US tariffs and retaliatory actions from others in Canada, China and elsewhere, are beginning to percolate through the international elites.
The US has maintained that it will be implementing 25% tariffs on most Canadian and Mexican goods (with a 10% tariff on Canadian energy exports) since US President Trump’s declared a national emergency tied to fentanyl trafficking on March 4th, 2025.
But, as outlined in the March 9th, 2025 CNN post, ““ Trump delayed tariffs on auto-related goods from Canada and Mexico for one month, the White House has exempted goods compliant with the 2020 US-Mexico-Canada Agreement (USMCA), at least for now, and pushed out the effective date of tariff implementation to April 2nd, 2025.
This shift came after pressure from U.S. automakers like Ford, GM, and Stellantis, who met with Trump to discuss potential economic disruption. On the Canadian side, Ontario premier Doug Ford has called out the reprieve as being a tactical move, intended to give US based auto plants a chance to move their Canadian facilities and jobs, out of Canada and into the US.
The March 10th, 2025 CBC News post, “Ontario slaps 25% levy on U.S.-bound electricity in latest trade war volley,” and the March 10th, 2025 CNN post, “Ontario premier threatens to ‘shut off electricity completely’ for US if trade war escalates,” notes the Ford government’s plan to combat the US tariffs using Canadian energy tariffs.
As outlined in the March 6th,2025 Juno News post, “Trump announces one month reprieve on some Canadian, Mexican tariffs,“ roughly 36 per cent of Canadian imports are not covered under USMCA but a White House official said that going forward they will be treated at customs as if they were.
But only a few days later, as outlined in the March 9th, 2025 ABC7 on YouTube post, “One day after pausing trade war with Canada and Mexico, Trump threatens to impose new tariffs,” everything changed again.
Meanwhile, back in Ottawa, and as outlined in the March 3rd, 2025 CTV News post, “Trudeau promises Canada will ‘not back down’ from trade war, calls Trump reasoning for tariffs ‘bogus’,” the Trudeau government has refused to negotiate “under pressure” and continued with retaliatory 25% tariffs on US goods, initially imposed by the Canadian government to counter the US measures.
Trudeau has publicly criticized the U.S. tariffs as illegal and economically damaging, threatening additional tariffs on $125 billion of US goods if the situation remains unresolved within 21 days from March 5th.
However, Trudeau is no longer PM, and it’s not sure what his successor, banker Mark Carney, plans to do.
In other news, Canadian provincial premiers are also acting on the tariff threats. As noted in the March 6th, 2025 CTV News post, “Canada’s premiers commit to scrapping trade barriers between provinces,” the scrapping of existing provincial trade barriers will go a long way towards mitigating the costs of any newly imposed US tariffs.
China, perhaps the real US target of the current trade war, is also targeting Canada.
As outlined in the March 8th, 2025 Global News post, “China imposes retaliatory tariffs on Canadian farm and food products,” the Chinese government has imposed retaliatory tariffs on Canadian farm and food products, after Canada imposed duties in October 2024 on Chinese-made electric vehicles and steel and aluminum products.
According to the March 10th, 2025 New York Times post, “China’s Tariffs on U.S. Agricultural Products Take Effect,” the Chinese are facing a stiff US tariff hike from 10% to 20% starting March 4th and have retaliated with 10-15% tariffs on US agricultural imports.
The overall situation suggests a mix of confusion, brinkmanship and backpedaling, with no definitive breakthroughs this week.
At the very least, the silent war fought with quiet weapons is over and the battle for the hearts and minds of the 21st century is now active and public.
So where do we go from here? The March 9th, 2024 Nicholas Merten on Bitchute post, “The Trade War That Will Change Our Lives Forever,“ provides some historical context.
The New US “Strategic Crypto Reserve”
US President Donald Trump has announced the creation of a "strategic crypto reserve" aimed at positioning the United States as a leader in the global crypto-currency landscape, a sort of "crypto capital of the world."
As noted in the March 7th, 2025 The Atlantic post, “Trump’s Crypto Reserve Is Really Happening,” although the specifics of this particular deal are still to be decided.
The announcement, as outlined in the March 10th, 2025 Business Insider post, “Bitcoin falls after hopes that purchases will boost Trump's strategic crypto reserve are dashed,” sparked significant market reactions, both up and down although implementation details are still unfolding.
As outlined in the March 7th, 2025 The Guardian post, “Trump hosts crypto leaders after creating strategic reserve of bitcoin,” a White House “crypto summit” took place on March 7th, with well known crypto business leaders to strategize with the government on how to make the US the ‘crypto capital of world.’
The initiative reflects the US president’s broader pro-crypto stance, contrasting with prior regulatory skepticism, and has fueled both optimism and contention within both the financial and crypto communities.
The EU’s Plan to ReArm Europe
The European Union says it’s time to “ReArm Europe.”
As outlined in the March 6th, 2025 NPR post, “The European Union Decides to Rearm,“ the new plan, announced by European Commission President Ursula von der Leyen in last week under the title "ReArm Europe," seeks to mobilize up to €800 billion for defense over the next few years.
The big concern from the US perspective is nuclear proliferation.
As outlined in the March 5th, 2025 Associated Press post, “France’s Macron to open European nuclear deterrent talks with allies,” the EU plan includes an increased nuclear deterrent, primarily to rattle sabers at Russian activities in the Ukraine, an area of the world where the US wants peace, not war, in exchange for Ukrainian resources.
Here’s an overview of the plan, courtesy of the March 4th, 2025 Al Jazeera English on YouTube post, “Europe’s rearmament plan: EU seeks to boost defence as US cuts aid to Ukraine.”
Lobsters are Bad!
Finally tonight, we have the March 8th, 2025 Mongo Minds on Bitchute post, “And You Still Eat Lobster-1.”
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