Climate Change War – US v Russia


Armstrong Economics Blog/War Re-Posted Oct 27, 2022 by Martin Armstrong

As senior U.S. military officers deployed to NATO’s front line against Russia on the border with Ukraine have boasted that they are ready to join the fight. This provoked a response from Russia’s ambassador to the United States told Newsweek that such a move would bring about catastrophic ramifications. The commanders of the U.S. Army 101st Airborne Division who are now stationed just a few miles from the Romanian border with Ukraine are also making comments that they were ready to cross over in response to any escalation or attack on NATO.

This is all calling into question who the hell is the real commander and chief? President Joe Biden has repeatedly stated he was not going to send U.S. soldiers into Ukraine itself. The US has NOT sent troops to the borders of NATO since World War II. The National Security Council Strategic Communications Coordinator John Kirby rushed to then say that “nothing has changed about the commander-in-chief’s decision that there will be no American troops fighting inside Ukraine.” This is raising serious concerns about who is really in charge and do we have a military so eager to jump in that we end up in WWIII because of all of this nonsense.

Russian Ambassador Anatoly Antonov said, “we have already officially pointed out to high-ranking members of the US Government that such bravura statements by the U.S. Army commanders are inadmissible.” He further warned that Moscow would take these comments seriously. Behind the curtain, there is serious concern that Biden is just a puppet and has no idea that his administration is pushing the world to WWIII.

Antonov added: “We are not going to tolerate a situation where military threats are mounting on Russian borders… Direct participation of the U.S. military in the fighting will lead to disastrous consequences. I am convinced that further aggravation of the situation is not in Washington’s interests.”

There is absolutely no reason for the US to have troops stationed on the border. Russia is not interested in invading NATO and they too realize what that would mean. Stationing the Hard Rock Company, 1st Battalion, 502nd Infantry Regiment, 2nd Brigade Combat Team, 101st Airborne Division (Air Assault), only increases the chance of war just like in Vietnam. This has been the first time in nearly 80 years that troops have been sent in this manner.

The Russian ambassador Antonov warned that “Washington is becoming increasingly involved in the conflict in Ukraine, turning the country’s territory into a battlefield with Russia.” If Russia sent nukes to Venezuela or stationed troops in Mexico, I seriously doubt the US would stand by silently.

Our War Model globally turned up in 2014 as I laid out at the 2011 World Economic Conference. I have warned that history will call this the Climate Change War. The Biden Administration is being run by climate zealots telling us our pets have to eat bugs along with us and they want to impose a federal tax to even have a pet of several thousand dollars to reoccur annually no less. These zealots want to wipe out Russia because they produce energy and that is 50% of the GDP. Having Ukrainians die for climate change is no problem – there are too many people anyway.

Even the Cuban Missile Crisis on a 51.6-year calculation turned back up on May 4th, 2014. The next 8.6-year wave will be 2023.008 which will be January 3rd, 2023. The peak of that wave will then be 2027.308  which is April 9th, 2027. These people have reignited the U.S.-Russia rivalry intensifying to levels not seen since the Cuban Missile Crisis of 1962. Zelensky is sacrificing his country for money. You do not put your entire nation at risk for a strip of land that has always been occupied by Russians for centuries. He takes his orders from the Biden Administration and it is public knowledge that he was told not to negotiate for peace.

These Climate Change Zealots are bringing the world to complete disaster over total nonsense when Climate Change has been a natural cycle for millions of years. They ignore the history of the planet past 1850 because they want to simply blame everything on the Industrial Revolution. They have confused pollution with climate change and will not address that there have been warming periods and ice ages without people driving their SUVs.

The military always wants war. They get to play with all their cool stuff. They have been using Ukraine to study Russia’s tactics and weapons. This has been a fantastic learning experience for the military. The problem this time, one Russian nuclear sub can surface offshore and fire 60 nukes and we will not be able to shoot them all down.

Joe Biden Claims Current Gas Prices Lower Than When He Took Office, States Falsely Gas Was Over $5/Gal When He Was Inaugurated


Posted originally on the conservative tree house on October 27, 2022 | sundance 

Will big tech and social media remove Joe Biden for violations of misinformation, disinformation and malinformation?  Considering his remarks today, they should.

Reading from a teleprompter loaded with lies about the economy, Joe Biden stunningly states that gas prices are lower today than when he took office. Further claiming that gasoline was $5/gal.  {Direct Rumble Link} Nothing about any of his economic claims is true.  WATCH (1 min):

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Allowing people to return to work after the pandemic lockdowns is not “creating jobs.”  And gasoline was not $5/gal when Joe Biden took office.

Ukraine & its Horrible Dark Past is Taking the World Down With It


Armstrong Economics Blog/Ukraine Re-Posted Oct 26, 2022 by Martin Armstrong

COMMENT: Hi Marty,

I. Deep seated hatred
You have written frequently how hate in a country keeps on running deep as result of intense war violence long time ago. And you do not see how this is ever going away.

I was born in the Netherlands Rotterdam area. What the Germans did over here during WWII was similar. My parents being tiny children at the time. I recall messages my grandparents’ generation imprinted on me when i was young, and true, it took me a long time before i opened up to reconnect to the Germans. Today, i love our neighbouring country and its citizens.

Looks like the horrorific acts are not the key driver. As hate kept on being fed by government, economy, it sustains.
I was shocked to see how easy government was able to enflame hate again here from 2020 onwards (and earlier).
Ukraine’s economy was deliberately repressed. Similarly Yugoslavia, Ireland at the time. So hatred sustained.

II. Russians taking down power grid / Elon Musk
The timing of the Russians taking down the power grid is interesting : a few days after Elon took down Starlink.
The Russian Military has been openly complaining about the intelligence support from US.
So Putin being a chess player, immediately moved, replying : “Check”.

I get confused where Elon stands. You said you tried to reach him, but failed. That makes me think.

MA

REPLY: Yes, I would love to contact Elon for he has seen the true face of Ukraine. Anyone who remotely implies that peace should be an option, is told to shut up, threatened, or silenced in any way possible. Zelensky is just a puppet. Nobody in their right mind would sacrifice his country for a strip of land that historically has been occupied by Russians for hundreds of years – never but ethnic Ukrainians who joined Hitler because he promised to give them their own country BECAUSE Ukraine was never a country of its own. They hated the Polish for that region was once Poland. They hated the Russians because Kiev was their birthplace. The hated Jews because they were just Jewish. There are people in Israel that reject Zelensky for his wife is Christian and his children are baptized. He became Jewish when asking for money from Israel.

Objectively, you would have to call this an invasion by Ukrainians for conquest. But that, of course, would not be “politically” acceptable because the United States also hates Russians and that is why the US funded this civil war and directed it to start with during the interim government in 2014 which sent its army to invade the Donbas BEFORE there was any elected government. The people of Donbas have pleaded for help from the West for their oppressions but because they are Russians, the West refuses to listen out its agenda and hatred.

It is important to remember that Ukrainian Nazis have NEVER been called to account for all their genocides against Polish, Jews, and Russians. They pretend that was the UPA, a Ukrainian nationalist organization with the long term plan of establishing a mono-ethnic state that excluded the Poles and was aligned with the Nazis. The Neo-Nazis are dominant in Ukraine and Bandera’s flags and posters were there at Midian in 2014 all over the place. Because they have never been put on trial for their atrocities that even horrified the German Nazis, they have refused to even apologize to anyone. Even Japan apologized for using Korean women as “comfort girls” and the Swiss turned over money that was hidden in accounts for Nazis and Jews. Ukraine’s hatred is ongoing and it is propagated by the government, which is why it never dies.

The hatred of the Germans was prevalent. That is why Stanley Milgram conducted his experiments because people were saying that Germans were somehow just different. He established what became obedience to authority. The real issue back then became Russian. My father was a colonel under General Patton from North Africa to Berlin.  Communism was the great threat. He told my father that Germany was not the real enemy, it was Russia and he wanted to keep going right to Moscow. The president removed him for that.

Germany was rehabilitated by the political powers only because they saw Russia and Communism as the real threat. That is why they NEVER put a single Ukrainian on trial. The accounts of their actions terrified even the Germans. The cut babies out of a pregnant woman and put in a live cat and stitched her up. All of these things are documents. Poland has come out and confirmed that Ukraine REFUSES to apologize for its “dark past” and the world is willing to go to nuclear war all for these people?

Then the world deserves to be destroyed. This hatred of Russia will be our own undoing. Never before since World War II have we ever witnessed world leaders promoting war. Every leader has sought peace. Henry Kissinger has been invited by EVERY president until Joe Biden. Zelensky, this high-heel dancing puppet, claims this is not 1938 and Russia will invade all of Europe which is total bullshit. There seems to be hatred that has consuming people for this is really a war for Climate Change – to destroy Russia since 50% of its GDP is fossil fuels.

Zelensky will fly to safety. He has set his own country up to be destroyed begging WWIII to take place there and for NATO to invade. He cares NOTHING about the Ukrainian people. He is too busy counting all his money stashed offshore with his promises of a golden visa to America.

Steve Mnuchin is Not Pretending, States U.S. Economy is Already in Recession


Posted originally on the conservative tree house on October 26, 2022 | Sundance

A lot of people didn’t like Steven Mnuchin as Treasury Secretary, I did.  Secretary Mnuchin was an inside player, a billionaire himself, who worked for the outside team.  He already had a full bank account and carried ‘f**k-off’ money.   That, combined with Wilbur Ross having the same ability, was exactly what we needed to execute the America-First MAGAnomic resurgence.

The U.S. middle-class saw and felt the benefits.  Economic security is national security, at a nationwide and even individual level.  Mnuchin, Ross and Lighthizer constructed that economic outcome guided by the larger strategy of President Donald J Trump.

RIYADH, Oct 26 (Reuters) – Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a recession and said this would continue.

Speaking at Riyadh’s flagship investment conference FII, he said: “I think we’ll probably see a peak of 4.5% 10-year rates.”

“I think you are going to see inflation in the U.S. begin to come under control, it will probably be a two-year period,” he added.

He said the U.S. and China must learn to co-exist. He added that the Middle East’s economic issues need to be dealt with regionally. (link)

Bidenomics – Home Values Continue Dropping Quickly, Especially on West Coast – Meanwhile Rents Continue Increasing


Posted originally on the conservative tree house on October 25, 2022 | Sundance 

As inflation bites the working-class hard, U.S. household savings rates continue dropping fast.  When combined with drops in home values the loss in home equity compounds the issue.  American families are getting poorer much more quickly under Joe Biden’s economic policies.

According to the Wall Street Journal home values dropped in August at their highest monthly rate of decrease since 2011 {link}.  In part this is driven by higher mortgage rates which are pricing home buyers out of the market.  However, the regional impact is worse on the west coast than east or southeast.

[…] The housing market has slowed abruptly this year due to a rapid increase in mortgage rates, which has raised borrowing costs for home buyers and pushed many prospective buyers out of the market. Existing-home sales fell for eight straight months through September. (link)

As noted in The Daily Mail review of a similar analysis: “It’s Northern California that leads the way, with San Jose experiencing a drop of 10.8 percent since September, followed by San Francisco at 8.5 percent, then it’s Seattle at 8.2 percent, Denver at 5.8 percent, San Diego 5.2 percent, Portland 5.1 percent, Las Vegas 4.8 percent and Phoenix at 4.4 percent.” (link)

What we are seeing is a confluence of events, generally brought about by the outcomes of larger Biden administration policy.  Massive increases in energy costs are the result of energy policy; those increases are fueling inflation from the supply side on food, fuel, electricity, home heating etc.  Simultaneously, Fed monetary policy is driving consumer demand down.  The recession debate continues amid the economic think-tanks while Main Street outcomes show we have been in a recessionary period all year.

The majority of consumers have stopped purchasing nonessential goods and services. As a result, the only thing holding the economy together is employment.  Sooner or later, as the natural lags in the economy bite down, the lack of consumer spending (noted in increased inventories) is going to result in lay-offs and unemployment.  It’s almost a guarantee at this point once the boxcar impact of the prior supply chain shortages straightens out.

The third wave of food price increases is now here, and we are all likely starting to see those price increases in retail food stores.  Depending on how much higher energy prices go this winter (gasoline, natural gas, home heating oil etc.) the middle class will again be making tough checkbook decisions on spending.

On a MACRO level (nationwide averages) I would not be surprised to see home prices drop to where they were in the beginning of the second quarter of 2021.  Home sales have dropped quickly, and home inventories are now climbing.  Home buyers are now in the position to negotiate for much lower prices as fewer home buyers are in the market.

If you did not purchase a home in the past year, you likely have stable equity.  Depending on region, those who did purchase a home this year will have to wait quite a while before the price level returns.  Meanwhile rents continue increasing as middle-class workers are stuck between diminishing real wages (Biden inflation) and higher home borrowing costs (Biden monetary policy).

Berlusconi and Putin


Armstrong Economics Blog/Italy Re-Posted Oct 24, 2022 by Martin Armstrong

Former Italian Prime Minister Silvio Berlusconi has close ties to Vladimir Putin. Berlusconi, leader of the Forza Italia party, now serves as a junior partner under new PM Giorgia Meloni. Meloni fiercely supports Ukraine, but leaked audio indicates where Berlusconi stands.

“I can’t personally give my opinion because if it is told to the press it will turn out to be a disaster, but I am very, very, very worried. I rekindled relations with President Putin, a little bit. I knew him as a peaceful and sensible person,” the former PM said in a leaked audio recording. He also said in the recording that Russian ministers believe they are at war with the West because of the funding to Ukraine.

How close are the two men? Well, Berlusconi sent Putin a duvet cover depicting a picture of them together as a gift for Putin’s 65th birthday. Putin recently sent Berlusconi numerous bottles of vodka for his 86th birthday, sparking outrage from European leaders. Before Meloni was elected, Berlusconi appeared on TV (see video above) and said that Russia had been “pushed” to invade Ukraine and that the goal was to replace Zelensky’s government with “decent people.”

Now Meloni is doubling down on her support for Ukraine and threatening to remove Berlusconi. “Whoever isn’t in agreement with this cornerstone, will not be able to be part of the government, even if it means no government,” she said.

While the people do not take Berlusconi very seriously, no one wants war. There is civil unrest throughout the Western world taking place as the people see the inevitable outcome. Our computer indicates that civil unrest will spike massively going into 2023. For now, anyone showing sympathy toward Moscow will be shunned. That may change as people grow to resent Zelensky for pushing their country into war.

Iranians Fighting with Russians – This is Not a Test


Armstrong Economics Blog/War Re-Posted Oct 24, 2022 by Martin Armstrong

Reports first circulated that Iranian soldiers were training Russians to operate drones after numerous reports of technical failures. Both Tehran and Moscow denied the allegations, but the writing was on the wall. Now, there are reports of at least ten Iranians dying from Ukrainian air strikes.

Some ask whether it would be safer for Russian soldiers to train in Iran, but they’re missing the point. The “training” is no different than fighting alongside Russian troops. Over 20 Iranian instructors have been spotted in Crimea and Kherson Oblast.

“The Russians took Iranian instructors to the territory of the temporarily occupied Kherson Region and Crimea to launch Shahed-136 kamikaze drones,” the Ukrainian Nation Resistance Center claimed. “They teach the Russians how to use kamikaze drones, and directly monitor the launch of drones on Ukrainian civilian targets, including strikes on Mykolaiv and Odesa.”

This open door is an invitation for foreign troops to fight alongside Ukraine or Russia under the premise of training. It matters not who is holding the controls as the training is taking place in an active warzone. Ukraine is already asking foreign nations to begin “testing” their military defenses on their soil, pointed at the Russians. “Today hundreds of Iranian drones are undergoing ‘test runs’ on our land, killing civilians,” the Defense Ministry wrote on Twitter. “These drones were not intended for use against Ukraine. To have a strategic advantage over its enemy, Israel should conduct a ‘test run’ of its air defenses Ukraine is the best testing ground.”

Iran could turn around and declare this an act of war or use this as an excuse to fuel the flames. If someone from the West or an Asian ally were training Ukrainian forces in a warzone, their individual government would certainly escalate the situation if Russians killed their soldiers. Iranians are already on the ground fighting alongside Russians, paving the way for other nations to join the fighting on the frontlines.

Sweden Will Not Meet Agenda 2030


Armstrong Economics Blog/Climate Re-Posted Oct 24, 2022 by Martin Armstrong

New Prime Minister Ulf Kristersson is not heeding to the Green agenda. He promptly eliminated the entire Ministry of Climate and Environment, marking the first time in 35 years that Sweden does not have a specific climate ministry. People are crying that the world will crumble without funding bureaucrats who pretend they have the ability to alter the weather cycle with enough funding.

Klaus Schwab’s plans for Agenda 2030 are in jeopardy. “Environmental issues are going to be given a disadvantage at the same time when we have a huge challenge in Sweden when it comes to biodiversity and forestry,” stated Stockholm University professor Karin Bäckstrand. “We won’t meet the Agenda 2030 goals on biodiversity.”

Democratic leader Ebba Busch will serve as the new Minister for Energy, and 26-year-old Liberal Romina Pourmokhtari will serve as the Minister of Climate and Environment, The Nationalist Sweden Democrats do not support the goal of achieving net zero emissions.

Instead, the new government is prioritizing nuclear power initiatives that will make it increasingly difficult to shut down existing plants while using €36 billion to build new nuclear power stations. The new government is also considering reopening two nuclear power plants that discontinued operations in recent years. Yet another example of how Agenda 2030 and Schwab’s plan to alter the world will fail.