by Martin Armstrong, Armstrong Economics:

Last month, Jacinda Ardern confidently said bring it on. Schwab’s prize student progressive was confident about reelection. Even last January’s poll rating saw her drop to a new historic low of 35%. It appeared in December she was living in denial. But her polls were dragging down the party and there was no way she would win in an election. Her COVID-19 draconian politics most assumed were at the direction of Klaus Schwab who thought lockdowns were fantastic with this video, the population has a different perspective. Her sudden realization that being Schwab’s prize student for a young leader was not a guarantee to stardom.