Actually, seeing this outlined in Reuters is a very good sign of things to come.  The pending NAFTA trade renegotiation between the U.S. (Trump/Ross) and Canada (Trudeau) correctly viewed through the prism of Canadian politics.  This is exactly the correct perspective.

The larger liberal need is for Trudeau to pander to the constituencies of Quebec, even if it means economic disaster and crushing collapse for the entire country of Canada.  This reality is exactly the ideological zero-sum perspective of the liberal mind and worldview.

Complete economic disaster is what Prime Minister Trudeau will do to Canada if he chooses to continue positioning against the U.S. with President Donald J Trump.

VIA REUTERS – Canada escalated a trade dispute with United States by making threats Washington called inappropriate in part because Prime Minister Justin Trudeau is under pressure to secure support in a key region ahead of the country’s 2019 elections.

Washington last month slapped tariffs on timber imports, prompting Trudeau to say he was considering a ban on exports of U.S. coal through Pacific ports.

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Behind the social justice interventionism of the Birkenstock wearing Brangelina Peacenik useful-idiot-crowd, there’s the group of multinational financial interests who play the strings on the idiots.

Multinational corporations and billionaire financiers use climate change as a tool toward furtherance of collected global wealth.  Their strategy is quite simple, and has been played out for several cycles.  Create an institutional trade instrument (housing financial bubble example), control it, drive the pricing to an apex and reap the financial rewards.

Their expressed holy grail for human control is a global tax on all people more commonly known as a “carbon-trading tax”.  A planetary tax on personage.  Various religious groups have a financial method to purchase entry to heaven called ‘indulgences’.  Hence the comparison of Climate Change to a religion is exponentially accurate.

The “Carbon Trading” fundamental financial instrument is the foundational block of the financial interests behind modern climate change.  The latest exhibition of a decades long series of international construct was the Paris Climate Change agreement.

REUTERS – Investors with more than $15 trillion of assets under management urged governments led by the United States to implement the Paris climate accord to fight climate change despite U.S. President Donald Trump’s threats to pull out.

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One of the reasons CTH writes about economic matters because constructing economic prediction theories based around political policy is a hobby of mine.  Within obscure data, raw and unfiltered up-stream activity, it is entirely possible to see over the horizon.

But newly engaged people also think I’m nuts; so therefore it is also fun conversation at parties to stand above the esoteric academic fray, smile and outline actual forecasts –very specific forecasts– that most would never consider possible from a linear perspective.

People pay a boat-load of money for proprietary ownership of very accurate forecasts.  However, CTH would rather do it open source and break the historic grip of the financial control class.

If you’ll permit me a little Funday indulgence; the other reason to share predictable consequences is so patriotic readers can take a pro-active and empowering position in their own decision-making.  That motive was one of the reasons for previously sharing:

[…]  Until the two economies gain parity – any fed activity, taken as a consequence to their familiar traditional measurements (interest rates etc.), will have minimal to negligible impact on Main Street.

• Regional areas which benefited from high yield and high rates of return from Wall Street, ie. investment benefactors, will begin economic contraction. The downstream effect on state finances, and the retail and high-end service industry will also be negatively impacted.

• However, industrial areas/middle-class areas, with affordable housing and reasonable infrastructure, which have suffered in the past 20+ years, will see home values increasing as the local economy expands.

National policy (Trump Policy) which benefits Main Street also benefits local economics which are founded in manufacturing, production, and ancillary services.  In essence, the Middle-Class.

Those who benefited from high-yield international investment income will see less income.  Those who live on savings will see a moderate benefit.  However, those living day-to-day and week-to-week on their paychecks will see much more income.  Believe it. (link)

Now check out this headline from AP today discussing Connecticut:

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Are people beginning to catch on? Are people beginning to identify the long-ball strategy of a non-traditional approach toward geo-political alliances?

Apparently, some are – because North Korea is not happy with the heavy pressure coming from Big Panda, China.  As identified within this radio interview between Dr. Gorka and Brian Kilmeade…

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I don’t want to say, I told you so… but:

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Canadian Prime Minister Justin Trudeau appears to be cowering to the demands of British Columbia Provincial Premier Christy Clark who asked for retaliatory trade action against Oregon and the Pacific Northwest after Commerce Secretary Wilbur Ross announced a tariff on Canadian soft-wood imports.

Yesterday (Friday) Prime Weasel Trudeau threatened to ban shipments of U.S. thermal coal from Pacific ports and suggesting sanctions against additional trade products from Oregon due to the support for the soft-wood tariff by Democrat Senator Ron Wyden.

ENERGY ECON […] Trudeau said Ottawa would study whether to stop U.S. firms from shipping thermal coal via the Pacific province of British Columbia. Provincial Premier Christy Clark asked for the ban in response to the U.S. tariffs.

Canada is also considering duties on exports from Oregon such as wine, flooring and plywood, said a source close to the matter, citing Oregon Democratic Senator Ron Wyden’s prominent role in pressing for the lumber tariffs.

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The federal April jobs report shows a gain of 211,000 new jobs amid a 2.5% year-over-year growth in wages, bringing the latest national unemployment rate to 4.4% or what the federal economists call the ‘cusp’ of full employment.  They are, well, ‘positioning’ an advanced narrative.

DATA – •Construction payrolls rose by 5,000; •manufacturing payrolls increased by 6,000; •leisure and hospitality payrolls jumped by 55,000; •professional and business services payrolls rose by 39,000; •healthcare and social assistance employment increased by 36,800; •retail payrolls gained 6,300.

That’s the official interpretation of what the jobs gains mean.  However, to reconcile the “slacking” the quantifying economists are now halving the customary growth figure used for inbound newly economically matriculated workers.

Historically it takes 150k new monthly jobs to retain employment rates as static; therefore any job growth beyond 150k must lower the unemployment rate. The fed is now using 70-100k as the new labor market number to retain stasis.

Bloomberg – […] Removed from the weather-related distortions of the previous three months, the April figures indicate solid trends in employment, while measures of those left behind in the recovery — favored by Federal Reserve Chair Janet Yellen and President Donald Trump alike — are at or near pre-recession levels.

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U.S. Commerce Secretary Wilbur Ross sat down for a comprehensive discussion on trade, education and commerce policies with Bloomberg’s David Gura at the Bloomberg Breakaway Summit in New York.

In his direct and often humorous style Wilburine describes some of the current economic trade challenges and presents an outline of U.S. forward policy.  Secretary Ross spends quite a bit of time explaining how the NAFTA trade agreement is obsolescent in the modern era and how many of the products and industries in 2017 are not part of the agreement.

Wilburine also discusses how the business community is interacting with the Trump administration to deliver on specific aspects to the larger economic policy goals. A very good and substantive discussion segment:

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Additionally, COMMERCE – Earlier today, U.S. Commerce Secretary Wilbur Ross and U.S. Treasury Secretary Steven T. Mnuchin held a phone conversation with Vice Premier Wang Yang of China. Commerce Secretary Ross, Treasury Secretary Mnuchin and Vice Premier Wang discussed bilateral issues related to the U.S.- China Comprehensive Dialogue and the overall economic and trade relationship between the two countries. (link)

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Reuters is reporting on a stunning financial prediction coming from the Federal Reserve in Atlanta.  Their 2nd Quarter prediction falls in line with many of the “new dimension” economic predictions we have been anticipating.

The Atlanta Fed is predicting 4.3% growth:

NEW YORK (Reuters) – The U.S. economy is on track to grow at a 4.3 percent annualized pace in the second quarter, rebounding from a 0.7 percent increase in the first quarter which was the weakest in three years, the Atlanta Federal Reserve’s GDP Now forecast model showed on Monday.

This is much faster than the latest second-quarter gross domestic product estimate of 2.33 percent from the New York Federal Reserve.  (read more)

There is a disconnect in traditional economic quantification that we have been predicting for well over a year.  It’s the same disconnect currently reflected in the jobs numbers between payrolls and the Fed explained here.  We also outlined additional data two months ago which the federal economists admit they cannot reconcile – Expanded HERE.

For 30+ years U.S. economic political policy has been driven by Wall Street interests. STOP. Main Street, the middle-class and the American worker have suffered. STOP. The successful election of Donald Trump, and the execution of his “main street” economic policy agenda, has sledgehammered the prior economic machine into a full seizure an halt. FULL STOP.

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If you didn’t read the Part-V explainer of how we got to this point in congressional history stop and go read it.  This stuff is all connected and cannot be absorbed without a thorough understanding of motives behind the advancing agenda-writers.

Make Sure You Watch The Embed Video (below) from Wilbur Ross.

The interim Continuing Resolution (CR) is fraught with demands of the “Big Club”.  That is: Wall Street, their lobbyists, and those who have created the UniParty for over three decades.   The “Big Club” is fighting back against the insurgent presidency of Donald Trump and is using the Republican wing of the UniParty to do it.

It is Republicans, not just Democrats, in congress who are putting the most toxic spending priorities within the $1+ trillion spending bill and forcing a spending bill onto President Trump’s desk which factilitates the needs of the lobbying class and undermines parts of the structural agenda of President Trump.

The outrage should be rightly focused on the UniParty in congress, and more specifically the Republicans therein, not President Trump.

What would the ankle-biters and antagonists (gnats) have President Trump do?  Veto a bill constructed by bipartisan legislation in congress?   Shut down government?  That’s exactly the dynamic the “Big Club” has set up through their paid opposition represented by Paul Ryan and Mitch McConnell.

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President Trump’s economic and foreign policy agenda is jaw-dropping in scale, scope and consequence.  There are multiple simultaneous aspects to each policy objective; they have been outlined for a long time even before the election victory in November ’16.

If you get too far into the weeds the larger picture can be lost.  CTH objective is to continue pointing focus toward the larger horizon, and then at specific inflection points to dive into the topic and explain how each moment is connected to the larger strategy.

Today is a big news day where action on multiple policy fronts becomes visible.  Here’s an interview with Treasury Secretary Steven Mnuchin which notes some of the critical financial angles to economic policy.

An important reference here is the earlier understanding of how then ‘candidate Trump’ personally put a platform plank of a Modern 21st Century Glass-Stegall banking reform into his economic policy agenda, and why it is important.

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Here’s the dive:

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