Armstrong Economics Blog/Climate
Re-Posted Jun 19, 2018 by Martin Armstrong
The leaked UN climate report is very alarming. They are using linear analysis as always and disregard any nonlinear cyclical data. They are urging that a major crisis will take place by 2040 and that countries must clamp down on emissions virtually IMMEDIATELY. They are arguing to increased taxation and Europe will eagerly follow because they are going broke anyhow. So get ready. We already have declining economic growth. These people will send the world economy into a deep recession and this will only lead to even more tensions.