Comments from the Netherlands


Armstrong Economics Blog/European Union Re-Posted Nov 30, 2022 by Martin Armstrong


COMMENT #1: The “Dutch Farming Crisis” crack-down in Netherlands says it all.
As a former UK citizen repatriated to The Netherlands, life in Holland has been ideal, plenty on the super market shelves with a strong export market of food to rest of Europe.
Food growing science at it’s finest. Economical, productive and effective for all.

The recent crack down on farmers to curb use of Nitrogen base fertilizer (Nitrogen being the most abundant gas on the planet!!!) has come as an unexpected and unjustified shock, to Netherlands and the good of all. Within the time frame of one year, we have gone from a land of plenty to a land of maybe. Not wasting one once of food, meanwhile stocking up on goods in case the supplies are no longer there tomorrow. It’s not how I envisioned bringing up my two boys, but reflects strongly on the tales my parents told me of their experiences surviving the second world war.

Klaus and his rotten army have done what they set out to do. To bear hardship on the population.
But my parents survived and lived to see a better world, I too strive to follow in their footsteps.
PS. incidentally, Ammonia is a by-product of burning water as a fuel.

SW

COMMENT #2: Dear Mr. Armstrong,

Your article about the Dutch farmers is all true. But this story goes deeper. Is not about them stopping theirs farms because of these insane climate policies. All eyes are on the farmers while the big industries and airports aren’t even part of the discussion.
All this of course knowing that nitrogen is just another fake crisis.

What they really want is the land of the farmers. They claim they need it to build houses. There is an enormous shortage of affordable houses. Partly because these insane politicians claim houses can’t be build because of the nitrogen problems. All the while the same politicians are welcoming ten of thousands of refugees and immigrants. This while our own young people can’t even get or afford a house.

So in the end the farmers need to be removed of their company and property because our corrupt leaders are flooding our country with immigrants. Immigrants that are here because of the free money. They don’t share our values, they don’t want to work. They just want their free lunch.

It’s all part of their Great Reset.

Keep up the good work!
SL

REPLY: I have spoken with scientists in the field and this entire agenda is just so outrageous. I suppose this is our fault for electing people with ZERO experience to public office who just real the cue cards that are written for them. This only adds to the chaos our computer projected for 2023 which we first published back in 2019. I an stunned myself to witness how everything is unfolding as our computer forecast well in advance.

I have said before, I had the mandate from Hong King to negotiate with Australia to try to buy land for them to move before the hand-over back to China in 1998. I met with former Prime Minister Paul Keating. Nothing I proposed was acceptable. I finally asked – Is this racist? He said no! They are fleeing communism and would vote conservative. He was the Labour Government. Australia would not let Hong Kong move because it would have changed their politics.

All of this overwhelming hoard of refugees into Europe and what Biden is doing in the United States, is all about trying to shift the balance of power to the left assuming all of these people who have nothing will vote for them and shake ever last penny from those who have made our countries what they are today.

Between the Climate Change nonsense and this mass invasion of the have-nots, they are destroying our very way of life all to simply retain power.

Leading Edge of Field to Fork Inflation Starts to Arrive in September Producer Price Index


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

The “Producer Price Index” (PPI) is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released September price data [Available Here] showing another 8.5% increase year-over-year in Final Demand products at the wholesale level.  However, that’s not the bad news in this data.

While the overall September PPI was higher than expected at 0.4%, the Final Demand Producer Price for food products in September was a whopping 1.2% (14.4% annualized).

The BLS notes the driver by saying, “a major factor in the September increase in prices for final demand goods was a 15.7-percent advance in the index for fresh and dry vegetables. Prices for diesel fuel, residential natural gas, chicken eggs, home heating oil, and pork also moved higher.”

That’s a 15.7% increase in price, in one month, for fresh and dry vegetables.  Annualized that’s a rate of price increase of 188.4% for vegetables.   Remember the warning about farm costs (energy, fertilizer, fuel) driving field to fork inflation at harvest?  This is the leading edge of that third wave of food price increases.

I have modified BLS Table-2 to focus specifically on food costs.  The data is on left.

You will note that ‘row crops’ are the big drivers along with grain and seed products.  This is exactly as we predicted it would be because those specific farming costs are the ones with greatest increase from energy, fuel, fertilizer, weed and insect control, and diesel costs.

All of those higher costs have been growing in the fields and will now surface at harvest.   The higher farm costs transfer from the field to the fork via the food supply chain.  This is only the leading edge of the price increase.

In October 2021 we first warned of the food price increases coming in distinct waves.  The first was Jan, Feb and March 2022.   The second wave was May through July 2022.  This third wave will be bigger than the first two and starts arriving this month, October 2022.

People laughed at me when I said in late 2022 eggs were going to reach .50¢ EACH ($6/doz).

Well, in September the price of fresh eggs jumped 16.7% in a single month.  That’s an annualized rate of price increase for eggs over 200%.

With hindsight you can clearly see the three waves of food price increases (BLS Table A):

Get ready and shop smart.

The October, November and December price increases in the grocery store are going to make the prior fresh food increases look small, as the full increased costs of farming operations starts to arrive at the supermarket.   Unfortunately, this will coincide with a wave of gasoline price increases, and the prices of natural gas are already skyrocketing.

.

Canadians Not Willing to Hand Over Guns


Armstrong Economics Blog/Canada Re-Posted Oct 4, 2022 by Martin Armstrong

The Trudeau Administration wants to eliminate all freedoms. Provinces are fighting back at Trudeau’s gun confiscation, deemed a “mandatory gun buyback” for assault rifles. As usual, the government put this plan in place without a plan for enforcement.

Two years ago, Alberta Premier Jason Kenney, in the video above, explained that firearm ownership is already under strict regulations. Only law-abiding citizens must adhere to these regulations. He accused Ottawa of using the people as scapegoats for their gun confiscation plan instead of cracking down on gangs and criminals who actually commit gun crimes. Now, Trudeau is going after the people and pointing at events that occurred outside Canada as a reason to ban citizens from legally owning assault rifles.

Royal Canadian Mounted Police (RCMP), Alberta Justice Minister and Solicitor General Tyler Shandro reminded the Liberal Party that Alberta taxpayers pay C$750 million annually to fund the RCMP. “We expect that those dollars not be wasted to pay for a confiscation program that will not increase public safety,” Shandro said after calling the program disturbing. “We will not tolerate taking officers off the street in order to confiscate the property of law-abiding firearms owners.”

Manitoba Attorney General Kelvin Goertzen quoted from a letter that he wrote to Canadian Public Safety Minister Marco Mendicino, said the law “unnecessarily targets lawful gun owners,” as criminals are still going to be in possession of firearms – obviously. “In Manitoba’s view, any buy-back program cannot further erode precious provincial police resources, already suffering from large vacancy rates, from focusing on investigation of violent crime.”

Saskatchewan’s Minister of Corrections, Policing, and Public Safety Christine Tell also called the mandate a waste of resources that is not supported. “The Government of Saskatchewan does not support and will not [authorize] the use of provincially funded resources for any process that is connected to the federal government’s proposed ‘buyback’ of these firearms,” she declared.

Banning any form of firearms is a method to control the people. The government and criminals will be the only ones with power, with the average law-abiding citizen helpless. Gun confiscation has occurred countless times in RECENT history and has not ended well.