Virtue Signaling for Ukraine Wanes


Armstrong Economics Blog/Politics Re-Posted Nov 3, 2022 by Martin Armstrong

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CNBC reported that Biden and Zelensky exchanged harsh words during a phone call in June 2022. After securing an additional $1 billion in funds from Americans, Zelensky said that the US needs to provide more for Ukraine. Biden losing his temper and Zelensky begging for more money are both believable situations. Similar to a child crying for dessert before dinner, Biden caved and gave Zelensky everything he wanted. Zelensky knows he can continually push for more, but that may change.

The media released this story because they want Americans to believe that the Biden Administration is finding Ukraine’s constant requests asinine at this point. The people at the voting booths this November are watching their own cities crumble and are struggling to understand why America has sent over $20 billion to Ukraine this year. The prospect of a world war has Americans even more wary of this endless support.

A Pew Research Center poll from September showed that public support for Ukraine is fading in America. Out of 10,588 respondents, 26% were no longer concerned about the war in Ukraine. In May, 55% of people cited they were “extremely” or “very” concerned about Russia defeating Ukraine, but that figure fell by 17 percentage points to 38% by September. Around 42% of Americans felt that the US was not providing enough support back in March when the war began, but that number has dwindled to 18%.

Americans are now less concerned with Russia invading other nations outside Ukraine. Putin is not interested in conquering new land, and his motives are not akin to a Hitler situation of expanding a dead empire as the media first presented. Yet, people are more concerned now about the possibility of a nuclear war, as 52% of Democrats and 37% of Republicans expressed in the Pew Research Center survey.

Sources say Ukraine would like up to $60 billion in additional funds and will continue using America and Western allies as an ATM until legislation is passed to stop this nonsense.

No COVID Amnesty


Armstrong Economics Blog/Corruption Re-Posted Nov 3, 2022 by Martin Armstrong

The Atlantic wrote a piece about declaring pandemic amnesty. “We need to forgive one another for what we did and said when we were in the dark about COVID,” Emily Oster wrote. I will not forgive what was done and the permanent damage the COVID zealots caused to the global economy. This was not a simple misunderstanding – it was a deliberate plot to crush the economy and hand all power over to governments.

This goes for the right and left, although the right finally saw that what they were doing was wrong. Trump failed us by implementing Operation Warpspeed and distributing mass vaccines that were not properly tested. Big Pharma was granted full immunity because they knew the vaccines could present issues down the line. America had a strong economy before COVID lockdowns caused mass layoffs, supply shortages, and simply halted life as we once knew it.

Other countries had more severe restrictions, and many felt the need to flee their home country to avoid tyranny. I do not forgive the politicians who forced the masses to take a vaccine against their will simply to participate in society. The unvaccinated were demonized by the politicians who led the masses to believe that COVID was “a pandemic of the unvaccinated,” when that was a blatant lie. Those same politicians frequently broke their own rules because they knew they were baseless. I do not forgive the health agencies who promoted a false agenda and changed definitions and rules at whim. They forced us to cover our faces to simply walk outside despite knowing that masks did not work. I do not forgive the media who fueled the hysteria and banished anyone who questioned “the science.” The fear that spread across the globe was unwarranted.

There should be a trial to discover what actually happened in 2020. The virus’ origins remain a mystery, although it is widely accepted that it did not come about naturally. Children fell behind in school, small businesses closed forever, countless people lost their livelihoods, and mental health issues became more apparent. People were forced into quarantine camps like prisoners in some countries, while others diminished people to their QR codes that restricted their freedom of movement. People DIED.

Despite our current knowledge, governments have refused to let go of the emergency powers granted to them under COVID. How could they ask for forgiveness when this madness is ongoing?

Eurozone Inflation Reaches New High – Recession Incoming


Armstrong Economics Blog/European Union Re-Posted Nov 2, 2022 by Martin Armstrong

Inflation in the Eurozone hit a new record in October, according to Eurostat who reported a 10.7% rise. That marks an increase from September’s 9.9% posting and an all-time high since Eurostat began compiling Eurozone data in 1997. The European Central Bank (ECB) attempted to curb inflations with another 75 bps hike last week. The ECB knows that inflation is here to stay. They recently changed their annual inflation target for next year to 5.8% compared to the 3.6% they were predicting three months ago. They can’t release the actual figures without causing a panic.

Economic growth “slowed significantly in the third quarter of the year and we expect a further weakening in the remainder of this year and beginning of next year,” ECB head Christine Lagarde warned. Inflation is hitting some countries harder than others. Estonia (22.4%), Latvia (21.8%), and Lithuania (22%) all experienced nearly double the average inflation rate this October.

The downturn will not be equal across the Eurozone. The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, is warning that half of the 19 countries in the bloc will fall into a recession. “Europe is affected more severely by the increase of energy prices. The heat on European economies is such that we actually expect half of the countries in the eurozone to experience at least two quarters of negative growth. In other words, a recession,” she said, without naming the countries,” Georgieva warned. She further stated that the IMF’s pre-pandemic projections compared to current projections differ by a loss of half a trillion euros.

“I am not going to sugar-coat it: 2023 will be tougher than 2022. Next winter for Europe may be even harsher than this winter,” she declared. “Why? Because European policymakers acted very swiftly to fill gas storage. If conditions remain as they are with Russia not providing gas to Europe, how is this gas storage going to be filled next year?”

Another question comes to light – can Europe remain untied amid a serious recession? The ECB will use the same strategy in an attempt to fix the broken system for the entirety of the Eurozone instead of looking at each individual economy. Let’s not forget that deeply indebted countries will only face higher costs that they likely will not be able to repay. The ECB dug its grave in 2014, and they do not have the tools to handle the current crisis. It is easy for Europe to appear as a united front when there is peace and prosperity. The real test will come when everything crashes down, and fairness goes out the window.

Why Climate Change is a Fraud


Armstrong Economics Blog/Climate Re-Posted Nov 1, 2022 by Martin Armstrong

This is one of the oldest methods to brainwash a population known to ancient history. The high priests had discovered the cycle of the heavens. They would pretend to turn the sun dark, for they managed to calculate the cycles when an eclipse would take place. They would call the people together and tell them what they will do, and they watched the moon block out the sun and believed that the high priest could control the heavens. Today, astrology really comes from the Babylonians who conducted a massive correlation study to predict the future.

woolyrhino

There is a cycle to everything. The climate ALWAYS changes, and there are warming periods and cooling periods. These charlatans are no different than the Babylonian high priests pretending to block the sun with the moon on their command. Science was turned on its head after a discovery in 1772 near Vilui, Siberia, of an intact frozen woolly rhinoceros, which was followed by the more famous discovery of a frozen mammoth in 1787. You may be shocked, but these discoveries of frozen animals with grass still in their stomachs set in motion these two schools of thought since the evidence implied you could be eating lunch and suddenly find yourself frozen, only to be discovered by posterity.

baby-mammoth

The discovery of the woolly rhinoceros in 1772, and then frozen mammoths, sparked the imagination that things were not linear after all. These major discoveries truly contributed to the Age of Enlightenment, where there was a burst of knowledge erupting in every field of inquisition. Such finds of frozen mammoths in Siberia continue to this day. This has challenged theories on both sides of this debate to explain such catastrophic events. These frozen animals in Siberia suggest strange events are possible even in climates that are not that dissimilar from the casts of dead victims who were buried alive after the volcanic eruption of 79 AD at Pompeii in ancient Roman Italy. Animals can be grazing and then freeze abruptly. Climate change has been around for billions of years — long before man invented the combustion engine.

Even the field of geology began to create great debates that perhaps the earth simply burst into a catastrophic convulsion and, indeed, the planet was cyclical — not linear. This view of sequential destructive upheavals at irregular intervals or cycles emerged during the 1700s. This school of thought was perhaps best expressed by a forgotten contributor to the knowledge of mankind, George Hoggart Toulmin, in his rare 1785 book, “The Eternity of the World”:

” ••• convulsions and revolutions violent beyond our experience or conception, yet unequal to the destruction of the globe, or the whole of the human species, have both existed and will again exist ••• [terminating] ••• an astonishing succession of ages.”

Id./p3, 110

bernhardi-erratics

In 1832, Professor A. Bernhardi argued that the North Polar ice cap had extended into the plains of Germany. To support this theory, he pointed to the existence of huge boulders that have become known as “erratics,” which he suggested were pushed by the advancing ice. This was a shocking theory, for it was certainly a nonlinear view of natural history. Bernhardi was thinking out of the box. However, in natural science, people listen and review theories, unlike in social science, where theories are ignored if they challenge what people want to believe. In 1834, Johann von Charpentier (1786-1855) argued that there were deep grooves cut into the Alpine rock concluding, as did Karl Schimper, that they were caused by an advancing Ice Age.

This body of knowledge has been completely ignored by the global warming/climate change religious cult. They know nothing about nature or cycles, and they are completely ignorant of history or even that it was the discovery of these ancient creatures who froze with food in their mouths. They cannot explain these events nor the vast amount of knowledge written by people who actually did research instead of trying to cloak an agenda in pretend science.

Our model has projected we are entering another “grand minimum,” which will overtake the sun beginning in 2020 and will last through the 2050s, resulting in diminished magnetism, infrequent sunspot production, and less ultraviolet (UV) radiation reaching Earth. This all means we are facing a global cooling period on the planet that may span 31 to 43 years. The last grand-minimum event produced the mini-Ice Age in the mid-17th century. Known as the Maunder Minimum, it occurred between 1645 and 1715, during a longer span of time when parts of the world became so cold that the period was called the Little Ice Age, which lasted from about 1300 to 1850.

Most people have NEVER heard of the Beaufort Gyre, a massive wind-driven current in the Arctic Ocean that actually has far more influence over sea ice than anything we can throw into the atmosphere. The Beaufort Gyre has been regulating climate and sea ice formation for millennia. Recently, however, something has changed; it is not something that would create global warming but threatens a new Ice Age.

There is a normal cycle that appears to be about 5.4 years, where it reverses direction and spins counter-clockwise, expelling ice and freshwater into the eastern Arctic Ocean and the North Atlantic. The 5.4-year cycle is interesting for it is two pi cycle intervals of 8.6. The immediate cycle has suddenly expanded to two 8.6-year intervals, bringing it to 17.2 years as we head into 2022.

What you must understand is that this Beaufort Gyre now holds as much freshwater as all of the Great Lakes combined. Why is that important? Saltwater freezes at a lower temperature than the 32 degrees F at which freshwater freezes. The difference between the air temperature and the freezing point of saltwater is bigger than the difference between the air temperature and the freezing point of fresh water. This makes the ice with salt on it melt faster, which is why we salt the roads in an ice storm.

Now, think of the Beaufort Gyre as a carousel of ice and freshwater. Because it is now spinning both faster and in its usual clockwise direction, it has been collecting more and more freshwater from the three main sources:

  1. Melting sea ice
  2. Runoff from the Arctic Ocean from Russian and North American rivers
  3. Lower saltwater coming in from the Bering Sea

Indeed, Yale has warned that this current could “Cool the Climate in Europe,” which is precisely what we are witnessing. Cyclically, the Beaufort Gyre will reverse direction, and when it does, the clear and present danger will be the natural expulsion of a massive amount of icy fresh water into the North Atlantic. Remember now, freshwater freezes faster than saltwater.

This is not a theory. We have previous records of reversals in this cycle of the Beaufort Gyre from the 1960s and 1970s, where there was a surge of fresh Arctic water released into the North Atlantic that resulted in the water freezing. There has been a lot of work done on this subject, which, of course, is ignored by the climate change agenda that only seeks to blame human activity. Nevertheless, AAAS, of which I am a member, states plainly:

“Arctic sea ice affects climate on seasonal to decadal time scales, and models suggest that sea ice is essential for longer anomalies such as the Little Ice Age.” 

Socrates has been given just about every possible database I could find over the past 50 years. Because of the extended 17.2-year cycle in the Beaufort Gyre, the risk that a larger-than-normal expulsion of freshwater into the Atlantic can disrupt the Gulf Stream, which is the sole reason why Europe has been moderate in climate. But that has NOT always been the case. We know that the Barbarian invasions into Rome during the 3rd century were primarily driven by a colder climate in the north. The invasion of the Sea Peoples ended the Bronze Age, and those from the north migrated into the South, storming Mesopotamia and Northern Africa.

CLIMATE CHANGE IS REAL…

It is just not created by humans.

Perhaps we are now at the tipping point, and they cannot keep saying that the extremely cold winter is also caused by CO2 and global warming. The collapse of the gulf stream has nothing to do with CO2. This may result in a major confrontation that these people have been seriously wrong and what they are doing to the economy in trying to shut down fossil fuels at this point in time could result in tens of millions of deaths if the gulf stream collapses.

Bolsonaro loses – Good Night Brazil


Armstrong Economics Blog/Politics Re-Posted Oct 30, 2022 by Martin Armstrong

COMMENT: Marty; Thank you so much for Socrates. Jair M. Bolsonaro lost to the left. I couldn’t believe it. Socrates had a turning point, higher volatility, and a Double Directional Change here in October and November. Looks like we will go the way of Argentina.

AH

REPLY: The currency should decline into 2023. The promises of the left will never be accomplished. Just for the record, Bolsonaro I can tell you that when he was at Schwab’s WEF, he told a friend of mine that they were all a bunch of idiots. Inflation will soar because also the currency will decline. Politicians are ignorant. They think they can do whatever they want and do not understand that we are all connected and thus they cannot reverse the international trend.

Zelensky Wants WWIII Bringing Death & Destruction to the Entire World


Armstrong Economics Blog/Ukraine Re-Posted Oct 30, 2022 by Martin Armstrong

With most con artists, you need to count your fingers after shaking hands. With the President of Ukraine Volodymyr Zelensky, you have to make sure you still have your arm. He wears the same clothes to project he is at war raising some to hope he at least takes it off to wash. Both Germany and Japan as well as the Swiss all apologized for war crimes – but never Ukraine.

Never in all my career of dealing with governments have I ever witnessed such a bold-faced liar as Zelensky. He addressed the students and professors of Yale University, and boldly had the audacity to claim that it is in Ukraine that the global fate of democracy is being determined. The Minsk Agreement called for the Donbas to vote on their independence. Ukraine has refused to allow that ever to happen. His claim that the fate of democracy will be determined only if Ukraine can destroy all Russians is just outrageous.

“It is important for the whole world that Russia loses now – in the war in Ukraine. When we win for ourselves, we will win for other nations whose freedom is potentially under attack: the ambitions of the Russian throne are known.” 

“On behalf of the Ukrainian people, I want to thank your people for the support you provide to our defense. Thank you to your leaders – President Biden, both chambers and parties of Congress, public figures and businesses who feel how important it is for Ukrainian democracy to endure.” 

Zelensky has refused to apologize to Poland for its war crimes. The depravity of Ukrainian is far beyond any of the worst horror films ever made. It has been documented what the Ukrainians have done like cutting out a baby from a mother’s stomach and sowing her back up after putting in a live cat. Zelensky REFUSES to acknowledge what the Ukrainians carried out. The Polish Association of Memory of Victims of Crimes of Ukrainian Nationalists documented 135 methods of torture and murder practiced by Ukrainian Nazis. Poland officially called the Ukrainian actions genocide. The Ukrainians have been protected by the CIA for decades ONLY because they hated Russians. They continue to protect the Ukrainian Nazis only because they are waging war against Russia. Every country has apologized for its war crimes with the single exception of Ukraine. Zelensky is an absolute disgrace as a world leader.

All the declassified documents confirm that the American Neocons have been lying about Putin simply because they want war. They told Zelensky not to negotiate peace. Zelensky has sold his own country like Judas for a handful of silver. He has refused to negotiate any terms of peace whatsoever putting his people in harm’s way all for the Neocons who want to simply destroy Russia at all costs.

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I have the same documents that were the briefings that reveal that Yeltsin turned to Putin BECAUSE he was not a communist. Yeltsin was being blackmailed with the Bank of New York case by the oligarchs and Republic National Bank’s Edmond Safra on the one side and the communists who filed an impeachment action to remove Yeltsin on the other. Yeltsin turned to Putin because he was against reestablishing the USSR and he was not an oligarch.  Anthony Blinken has repeatedly maintained the standard propaganda that Putin has “imperial designs” to recreate the USSR. All the declassified documents from the Clinton Administration prove that is also an outright lie.

The Minsk Agreement was to allow the Donbas to freely vote on their independence. They are ethnic Russians – not Ukrainians, Zelensky promised peace to get elected and has refused to negotiate for peace and has claimed democracy depends on Uktain destroying Russia when in fact he has refused to allow the Donbas to even vote. He only wants to destroy Russia.

This is a Climate Change War. The objective is the destroy Russia, and its energy production for that is 50% of the entire GDP, and they will then transform it into their idea of a vassal state subservient to the United Nations. You do not war World War III for a tiny piece of land that has always been historically Russian. Those who want to fly their Ukrainian flags in support, look around for you are condemning the future of your family for a war that they lied about from the start just like the weapons of mass destruction.