Armstrong Economics Blog/Climate
Re-Posted Oct 27, 2017 by Martin Armstrong
COMMENT: Mr. Armstrong; It appears that politicians are attributing any change in the climate to human activity. They have simply either gone mad or just insane, seriously distorting everything to gain more power and taxes. Now Christine Lagarde said: “As I’ve said before if we don’t do anything about climate change now, in 50 years’ time we will be toasted, roasted and grilled.” She is not even elected by anyone yet is dictating the trend globally.
REPLY: Yes, the phrase “climate change” has come to mean “blaming humans for changing the climate by using oil and gas and coal.” They act as if the climate should be linear and always the same from one year to the next. They fail to even account for the historical record of ice ages and warming periods long before we started using oil, gas, or coal. There is no doubt that the climate is changing for that is the cyclical nature of all things. The only thing more absurd than blaming humans for “climate change” is assuming politicians can stop it from changing. They cannot find the missing $3 trillion+ from the defense budget no less manage the economy and prevent the business cycle from booms and busts.