World Bank: The Poor Will Suffer From Carbon Taxes


Armstrong Economics Blog/Energy Re-Posted Jul 13, 2022 by Martin Armstrong

The World Economic Forum is praising Denmark for implementing the world’s strictest carbon tax laws. Companies will soon be forced to pay $159 for every tonne of CO2 emitted, marking an additional $53 per tonne. The government claims this will cut CO2 levels by 3.7 million tonnes in just one year.

“This incentivizes companies to clean up for themselves,” the WEF reported. In the midst of an extreme energy crisis, punishing energy suppliers will undoubtedly backfire. These costs will be passed along to the already struggling consumer. Even the World Bank admitted that the poor will suffer from the carbon tax.

The World Bank stated on its blog:

“There are good reasons why governments may not want to use carbon taxes, and one of them relates to their welfare impacts. For example, a carbon tax on fossil fuels is often regressive in its impact- hurting poorer people relatively more than richer ones. Even when it might be progressive, poorer people still suffer a welfare loss when prices rise, making their consumption basket more expensive.”

Furthermore, they admitted that the carbon tax “aims to restructure economies by raising the cost of a critical resource – the juice that makes it run.” Precisely. We NEED fossil fuels right now, there is no other viable alternative available to provide energy to the world. Since nations have succumbed to the climate change agenda, they have lost their energy-independent status. Europe shot itself in the foot by eliminating any diplomatic relations with their number one supplier of gas for a country that they did not acknowledge prior to February 2022.

Other nations with the ability will drill and sell oil to those under WEF leadership at a premium. India is already buying Russian oil at a discount, refining it, and selling it to the US for a premium. This is more than just bad business as it is a clear attempt to cut off a “critical resource” to “restructure economies” as seen fit by the WEF.

Eva Vlaardingerbroek Summarizes all the Merging Food, Energy and Farming Issues with Stark Advice to Americans


Posted originally on the conservative tree house on July 12, 2022 | Sundance 

Eva Vlaardingerbroek is a GB News correspondent and conservative voice from Holland.  In this interview segment with NTDNews Ms. Vlaardingerbroek outlines what is happening in the Netherlands with the Dutch farm protests and how it connects to the larger Agenda 2030 goals.

In the last 20 seconds of the segment, Vlaardingerbroek has some solid advice for Americans.  WATCH (2 mins):

To really get a strong reference point for how the global ruling elites at the World Economic Forum think about farming and climate change, which includes the brain trust at the World Health Organization, I would urge you to read THIS ARTICLE from the Irish Farmers Journal.

When I first read this article about Irish farming -mostly referencing government policy- what stood out to me more than anything was the open hubris and arrogance in the mindset of the people cited.

They openly say the goal of the fundamental change in the global food system is to control what people eat, allocate specific amounts of calories according to the goals of the climate change officials, and completely take over the way farming is done.

The article is written from a sympathetic standpoint of how government needs to help farmers transition away from their agricultural world as they lose their farm operations. The openly communist outlook is really quite remarkable.

“Significant food system change is needed to address food security and climate challenges, but it risks decimating farm incomes. Policy analyst Anne Finnegan examines a new OECD FAO report.” ~ READ HERE

Neil Oliver Analyzes the Global Uprisings that are Rejecting the Build Back Better Agenda


Posted originally on the conservative tree house on July 12, 2022 | Sundance

Appearing on GBNews with Dan Wootton, UK commentator Neil Oliver discusses and connects the Sri Lanka protests, the uprising in the Netherlands, and the aligned protests in Poland, Italy, Germany and much of the European continent.

As Oliver notes the pretorian guards for western politicians, aka the ‘western media’, are doing everything they can to ignore the global scale of the popular uprisings that are directly connected to the globalist agenda of the World Economic Forum and their Build Back Better orders to the western politicians.  The media ignore the issue until it reaches a point like Sri Lanka where it can no longer be ignored.  WATCH:

The Canadian trucker protests were targeted by Canadian Prime Minister Justin Trudeau in an effort to quickly stop the spread of any opposition to the globalist agenda. However, in the Netherlands the Dutch farmers have several distinct advantages in their ability to impact the life of ordinary Dutch people, as they refuse to become victims to the new global feudalism.

Like Sri Lanka, the Netherlands is a case study in raw people power, where the government is represented by a select few people.  The only thing keeping the Dutch from storming the politicians’ palaces and government buildings is a preference for polite society.  If that preference changes, and it might as people get more desperate, well, katy-bar the door.

Sri Lanka (top)

The Netherlands (bottom)

Both uprisings are connected to the exact same dynamic.

The Disease Cycle


Armstrong Economics Blog/Disease Re-Posted Jul 11, 2022 by Martin Armstrong

QUESTION: Marty, You have forecasted that your disease model turned up here in 2022. COVID was exploited, but it was no worse than the flu. Then there is monkeypox. But the latest is the much more lethal Marburg virus in Africa. Is this going to be the real one?

DC

ANSWER: The model did not target a specific virus. There are serious outbreaks throughout history but they are not always the same virus or bacteria. The history of this particular virus only goes back to 1967. This particular virus has a base cycle of 5-year intervals. The major outbreak was 2004-2005 which lasted into 2008. Ideally, our model projected that would reappear in 2013 and it showed up in 2012 a little ahead of schedule.

A major outbreak should come in the 2027-2028 time period. But keep in mind that this has not turned into a pandemic and has been confined to Africa. It is spread through bodily fluids so which usually involves sex or touching an open sore. So I would not be concerned that this will spread to your neighborhood without human intervention. The most devastating disease cycle will be from 2027 into 2050.

UN Human Rights Report Shows Ukraine Military Used Nursing Home Residents as Human Shields


Posted originally on the conservative tree house on July 10, 2022 | Sundance 

A quietly released study from the U.N. Human Rights Commissioner [See Here pdf] looking into allegations of war crimes conducted during the Ukraine -vs- Russia conflict, specifically looked into allegations of Russian military targeting a nursing home facility in the eastern region of Luhansk.

What the UN investigation revealed was that Ukraine military soldiers had intentionally used the nursing home as an active base to launch military strikes against Russian forces. The Associated Press was forced to reveal, “Ukraine’s armed forces bear a large, and perhaps equal, share of the blame for what happened in Stara Krasnyanka, which is about 580 kilometers (360 miles) southeast of Kyiv. A few days before the attack, Ukrainian soldiers took up positions inside the nursing home, effectively making the building a target.”

The issue of the Ukraine military, intentionally and with purposeful forethought, using civilian locations to embed their military units, highlights the inherent dangers associated with western propaganda during the conflict.  In fact, the effort to create civilian casualties seems more purposeful as a strategy to gain western media support and create stories that can be used to advance sympathy toward Ukraine, even if it means putting their own civilians in harm’s way.

(Via AP) […]  The report by the U.N.’s Office of the High Commissioner for Human Rights doesn’t conclude the Ukrainian soldiers or the Russian troops committed a war crime. But it said the battle at the Stara Krasnyanka nursing home is emblematic of the human rights office’s concerns over the potential use of “human shields” to prevent military operations in certain areas.

The aftermath of the attack on the Stara Krasnyanka home also provides a window into how both Russia and Ukraine move quickly to set the narrative for how events are unfolding on the ground — even when those events may still be shrouded by the fog of war.

For Ukraine, maintaining the upper hand in the fight for hearts and minds helps to ensure the continued flow of billions of dollars in Western military and humanitarian aid.

[…] David Crane, a former Defense Department official and a veteran of numerous international war crime investigations, said the Ukrainian forces may have violated the laws of armed conflict by not evacuating the nursing home’s residents and staff.

“The bottom-line rule is that civilians cannot intentionally be targeted. Period. For whatever reason,” Crane said. “The Ukrainians placed those people in a situation which was a killing zone. And you can’t do that.” (read more)

Keep in mind, the United States is funding Ukraine to fight this war.  Without U.S. funding, including the shipments of weapons, the training of military units and the embedding of U.S. special forces to assist the Ukraine military, Ukraine and Russian governments would have likely entered into peace negotiations.

.

Sunday Talks, Stunningly Disconnected Commerce Secretary Gina Raimondo: “We Have Inflation Now Because of a Lack of Supply”


Posted originally on the conservative tree house on July 10, 2022 | Sundance 

Unfortunately, (a) she’s not talking about energy or oil production/supply; and (b) she believes it.

Commerce Secretary Gina Raimondo, a comprehensively incompetent and unqualified person selected to run the commerce department, blames, without hesitation, a “fundamental lack of supply” for the cause of U.S. inflation [04:38].  She’s not pretending, Raimondo genuinely believes this.

I have struggled with the question of whether it’s incompetence or intentional ideology that drives some of these cabinet members to say stupid stuff.  In the case of Commerce Secretary Raimondo, it is clearly incompetence.  In order to believe that a lack of supply is driving inflation; which is not coincidentally the same demand-cause opinion held by the federal reserve; a person has to ignore the dozens of key economic indicators that show consumer demand has contracted, inventories are climbing, and orders to manufacturers have dropped.

Even Samsung, one of the largest producers of electronics sold in the United States, has told all their suppliers to stop sending the component goods used to manufacture their products because orders for finished goods have plummeted.  Hell, consider this…. THE COMMERCE DEPARTMENT, yes, that’s right, the Department that Raimondo is in charge of, has collected the data showing RETAIL SALES have DROPPED.  Yet here she is blaming a lack of supply for inflation.  WATCH:

It is not a lack of supply driving supply side and producer inflation. It is the massive increase in material, processing and transportation costs associated with Biden’s energy policy that are impacting supply-side inflation.   Demand has contracted, inventories are climbing, manager orders have plummeted, and consumers are squeezed.  Yet this knucklehead thinks recession is unlikely.

Gina Raimondo was also on Meet The Press, with another knucklehead, Chuck Todd.

.

Protest Crowd Storms Presidential Palace in Sri Lanka as Fuel and Food Shortages Create Desperation, Prime Minister Resigns, President Tries to Hang on


Posted originally on the conservative tree house on July 9, 2022 | Sundance

It was not long ago when we noted the absence of food will change things.   While Dutch farmers are fighting the government and trying to keep producing food, in Sri Lanka the shortages of food and fuel have reached a boiling point.  Angry citizens have taken control of the presidential palace, set fire to the Prime Minister’s house, and overwhelmed government offices.

Fearing for his life, “Sri Lankan Prime Minister Ranil Wickremesinghe said he would resign after just two months in office after protesters stormed and occupied the president’s residence and office amid public anger over the country’s deepening sovereign-debt crisis.” (WSJ link)

The U.S. State Department and the ambassador to Sri Lanka, Julie Chung, are asking for protestors to remain peaceful as if their hunger is ‘transitory’.  However, videos from the country highlight the futility of platitudes amid tens of thousands of angry citizens who are desperate.  It is a hot mess that’s likely to surface in other nations quickly.

(Via WSJ) – Braving tear gas and water cannons in the capital, Colombo, protesters—many waving the national flag and wearing helmets—also entered the president’s office on Saturday, in one of the largest antigovernment demonstrations in the country this year.

Television news footage showed large crowds overrunning security barricades before breaching the official residence of President Rajapaksa. Some were later seen taking a dip in the compound’s swimming pool. Videos purportedly filmed by protesters and shared widely on social media showed scores of men rifling through drawers, sitting in chairs and lounging on a four-poster bed inside a bedroom of the residence. One man was shown doing bicep curls in a gym. (more)

The crisis had been building for weeks as the protesting crowds had continued to get larger.

As noted by the Wall Street Journal report, “responding to calls by protest organizers to congregate in Colombo for mass demonstrations this weekend, Sri Lankans from far and wide improvised around acute fuel shortages by piling into semitrailer trucks, trains and overcrowded buses to reach the capital. Some walked miles to join the demonstrations.”

.

This next video shows how large the crowd was just before they stormed the buildings.

.

There is no way to stop a crowd of this size.  I’m not sure how many people are in/around that compound, but it looks like hundreds of thousands.

COVID Came from a Lab Said Lancet Chairman


Armstrong Economics Blog/Disease Re-Posted Jul 9, 2022 by Martin Armstrong

Schwab’s Puppet Falls?


Armstrong Economics Blog/Humor Re-Posted Jul 8, 2022 by Martin Armstrong

Former PM of Japan Assassinated


Armstrong Economics Blog/Japan Re-Posted Jul 8, 2022 by Martin Armstrong

Japan’s former Prime Minister Shinzo Abe has been assassinated in a rare violent attack in Japan. He was shot while delivering a speech in Nara. He was pronounced dead at 5:03 p.m. local time at the hospital. The assassin was captured, Tetsuya Yamagami, 41, who may have served in the Maritime Self-Defense Force back in the 2000s. He apparently used a homemade gun, which shows that in a country with some of the strictest gun laws in the entire world, it still does not prevent such acts.

Violent crime in the United States peaked in 1991 and bottomed in 2014 with our model on civil unrest and the war cycle. It appears that because of the lockdowns, this may have pushed many on-the-edge people over the edge for we are witnessing mass shootings and senseless violent crimes like people killing someone over a parking spot. This appears to be unfolding worldwide. In this case, the guy made his own gun. This is a trend that is starting to appear in the United States where guns are not traceable.