The Rhine Drought


Armstrong Economics Blog/World Trade Re-Posted Aug 11, 2022 by Martin Armstrong

The drought across Europe has caused substantial problems. In Germany, the Rhine has all but evaporated. Freights have been forced to reduce their loads across the river, but some are foregoing the route altogether. German authorities have not closed the river but are permitting shippers to cross at their own risk — and it is a risk many are not willing to take. Shipping vessels have been sailing half to a quarter full, according to Reuters, adding to the supply chain bottleneck. Numerous companies are shifting to railway transportation but that will take time.

Around 80% of all goods transported to Germany via waterways come through the Rhine and this passageway is crucial for all of Europe. The last major drought occurred in 2018, prompting German authorities to close the passage for 132 days, which nearly triggered a financial crisis. The water was at a low of 27 cm in October 2018, and water levels are quickly rescinding.

Authorities will try to deter another shipping halt, but there won’t be much they can do if the water levels continue to drop. Some estimate that the Rhine will be closed to ships as soon as Friday. The implications will be far worse than in 2018, as there was not a global supply chain shortage exacerbating inflation.

The truth About Climate


A paper I wrote in 2021 and updated early in 2022

Senator Kyrsten Sinema Agrees to Senate Green New Deal Spending and Tax Proposal After Negotiating Minor Changes


Posted originally on the conservative tree house on August 5, 2022 | Sundance

Arizona Senator Kyrsten Sinema has announced her support for the senate climate change spending and tax proposal after some modifications to the new taxation.

To support the hedge fund donors, Senator Sinema insisted the carried interest loophole tax provision be removed and instead replaced with a corporate tax on stock buybacks.  Any time a corporation wants to buy back their own shares of stock, they will now pay the U.S. government a tax for doing so; at least that’s the ¹intent.

[¹Note: taxing shares of company stock will never work, because that’s exactly what shell companies were designed to avoid.  Set up a child shell company to purchase the stock and the parent company doesn’t pay taxes on the child’s purchase.  It’s a shell game]

Additionally, according to reports, there is some kind of agreement to modify the 15% corporate minimum tax.  Details unknown.  Bottom line, Senator Sinema now supports the $700 billion climate change spending and tax proposal.

“We have agreed to remove the carried interest tax provision, protect advanced manufacturing, and boost our clean energy economy in the Senate’s budget reconciliation legislation,” Sinema said, signaling that she plans to vote to begin debate on the bill.  “Subject to the parliamentarian’s review, I’ll move forward,” she said.  (link)

The Drought Cycle & Climate Change


Armstrong Economics Blog/Climate Re-Posted Jul 28, 2022 by Martin Armstrong

QUESTION: Hello Martin and Team,

My question is related to a gentleman I watched on Greg Hunters Watchdog News that Martin goes on with from time to time. Greg interviewed —- —–. The discussion was around chemtrails and the gov’t messing with the rain patterns, also lake Mead and the Las Vegas drain plug which I do know is real. The main question is there a real likely hood of the S.W. United States to experience very serious drought in short order? I live in Phoenix and this interview was scary and I would be curious to know (along with millions of others) if Dane’s information is credible and if folks living in the S.W. US should really consider trying to move to another part of the country. I wondered if Socrates would be able to give us any insight into what was discussed in the interview.

Thank you so much for your efforts, I have been following Martin since 2008 and I have yet to see Socrates be wrong. We need your efforts more than ever with the complete disaster of the world we are living in.

Regards. DGB

ANSWER: I have no data on the chemtrail issue. My opinion would neither add nor detract from the subject. I prefer not to comment on things I have no experience in or information I cannot confirm. What I can say, rooted entirely in our database on weather, is that like stock markets or economies, there are cycles to droughts and will tend to last for 37 months. Curiously, this is also fractal being 8.6 x 4.3. Even during the 1930s drought episode that produced the Dust Bowl, the average longest stretch was also 37 months, peaking in March 1935.

There was a cycle inversion that took place during the 1950s, which caused a 19-year extension bringing the average drought to the longest stretch of 56 months, peaking in February 1957. While that drought was longer, it was not as intense as that of the 1930s Dust Bowl. The typical short-term events are reactions, and they are typically maxed out at three months.

That said, I can only look at the data. I do not see any alternation to the cycles insofar as altering their length. If the proposition of the chemtrail argument is valid, then I would assume from the data that, at the very best, it could possibly impact the “volatility” as we experience in a market that changes the intensity.

However, as of June 19, 2022, 51.87% of the lower 48 states are in a drought. We have not yet exceeded the high of 1159 AD. So much for fossil fuels creating global warming.

Will 2022 be the High in Temperatures?


Armstrong Economics Blog/Climate Re-Posted Jul 25, 2022 by Martin Armstrong

QUESTION: I seem to recall that you said 2022 on your computer was a Directional change in temperature and a retest of the 1930s was likely. Could you elaborate on that again since we have high temperatures as your computer warned?

RB

ANSWER: I think you are referring to the study we did on New York City temperatures. Yes, 2022 was a DOUBLE Directional Change. The danger here is that we are in a cycle like the 1930s that produced the Dust Bowl. However, keep in mind that this means we will see extremes on both sides. So while we will experience hotter temperatures than normal in 2022, there is also the risk of extremely cold temperatures in the winter.

Here is the data from the government archives itself and it shows no change in the trend whatsoever to support a perilous cliff of some linear progression with no end to climate change. This is a normal cycle and for 45 years after 1932, temperatures were declining – NOT rising! During the winter, it was snowing in Hawaii. Temperatures in Siberia had broken all records dropping to minus 140°F where people may just freeze to death. The Northwest Passage was still frozen last August. Even looking at the entire Antarctic continent, this winter of 2021 was already the second-coldest on record as reported by the propaganda network – CNN.

Here is the computer forecast on the weather out to 2032 using the government’s data for NYC. We are staring into the abyss when it comes to weather. Without this nonsense of reducing crops for climate change, we are looking square into the eyes of a major crisis that will result in a shortage of food because we are turning colder in winter and warmer in summer. The high in temperature was 1932 and thereafter the low was 1977. That was a 45-year cycle which ironically brought us to 2022 and the Double Directional Change.

If the temperatures exceed the high here in 2022 next year, then it is possible to see a continued hotter summer trend into 2025. However, looking at this Timing Array, if 2022 remains as the 45-year high, then we can see terrible cold into 2025. So the question here is do we get a cycle inversion with continued heat and another Dust Bowl into 2025, or will the ground freeze as in the late 18th century prevent any winter crops.

Categories: Climate

It’s Not Just What Energy Secretary Granholm Says, It’s How She Says It That Should Alarm Everyone


Posted originally on the conservative tree house on July 22, 2022 | Sundance 

Energy Secretary Jennifer Granholm couldn’t tell you the difference between electromagnetic or nuclear energy if her life depended on it.  Then again, there’s not a single “climate change” ideologue in the Biden administration who has any concept of science at all.  None of them.  To them, everything is politics.

As you watch this brief soundbite from remarks Energy Secretary Granholm made to the Global Clean Energy Action Forum, pay attention to what she says and the way she says it.  The pantomime of how she says it. [11 seconds] WATCH:

.

What state elected her governor?  Oh yeah, she’s from Hunger Games district 5.

Climate Engineering: 40 Million in US West Without Water in 2023


Armstrong Economics Blog/Corruption Re-Posted Jul 22, 2022 by Martin Armstrong

Our models have been indicating a decline in both the food and water supply, which go hand-in-hand. Other analysts are coming out to warn that the inevitable cycle is underway. Climate engineering researcher Dane Wigington believes the cycle has been propelled forward by manmade forces. “The mainstream media and official sources are doing their best to sweep it under the rug. We are talking about 40 million people that will be impacted by the drying out of the Colorado River basin and tributaries.”

Interviewer Greg Hunter plainly asked Wigington if this was a deliberate attempt to diminish the population. “Yes,” he replied without hesitation. “There is no speculation, no hypothesis or conjecture in any of this. Climate engineering is the primary cause for the protracted drought, and not just in the U.S. but in many other parts of the world. It also causes a deluge scenario, and all of it is crushing crops. We can speculate to the motives and agendas behind those who run these operations, but the fact that climate engineering is the primary causal factor for the western drought is inarguable.”

Wigington sees extreme water rationing coming as soon as 2023. Once Lake Mead reaches “dead-pool” status, crops will die out, water will be unavailable for irrigation, and there will be no electrical power generation. Drought is causing water to evaporate at levels beyond what is reported in the mainstream media.

“This is a runaway train of total cataclysm, and those in power are preventing anyone from even discussing this issue down to the point that there is an illegal federal gag order on the nation’s weathermen at the National Weather Service and NOAA,” Wigington stated. The government would only place a gag order on reporters if there were something to hide. Climate engineering may be one of the new tools to fight future wars and control the population.

I’m adding this note: Some of this is real the water levels are dropping. Some of the rest is also possible because Bill Gates was testing this idea a while back.

Japan Surpasses China as Top Holder of US Debt


Armstrong economics Blog/Economics Re-Posted Jul 22, 2022 by Martin Armstrong

For the first time since 2010, China holds less than $1 trillion in US debt. China held $980.8 billion in US debt in May, a $23 billion decline from April and a $100 billion decline from a year prior. In fact, the US Treasury Department noted that China has been reducing its holdings for the past six consecutive months.

Japan is now the top holder of US debt, reaching $1.212 trillion in May, marking a slight increase from $1.218 trillion in April. Total foreign holdings declined by $7.42 trillion in May as those who see what is coming want no part in government debt.

This did not go well for Japan in the past. You see, the USD remains the last safe haven among currencies. Rates are set to rise, other currencies are set to decline, and the countries left holding US debt will be forced to pay much more than intended. No one seems to understand this simple staple of FOREX.

China unloading US debt could indicate growing geopolitical tensions, which our models indicate could break out in 2023.

Tucker Carlson Outlines the Current Background of Joe Biden’s Climate Emergency


Posted originally on the conservative tree house on July 21, 2022 | sundance

During his opening monologue tonight, Fox News host Tucker Carlson outlined the background of Joe Biden’s “climate emergency”, and the hypocrisies of their theories as compared to their behavior. WATCH:

Global Water Scarcity on Schedule


Armstrong economics Blog/Agriculture Re-Posted Jul 20, 2022 by Martin Armstrong

A new study by the University of Colorado Boulder published on “One Earth” cites water scarcity as the top threat to food security in the next 20 years. “Multiple events occurring at the same time compound the problem,” the study noted, citing droughts, floods, heat waves, pest outbreaks, diseases, and financial and political conflicts. Over 50% of those experiencing food insecurity live in conflict regions, and increasing political instability and civil unrest will cause this figure to rise. Various agencies such as the World Bank and United Nations have cited that food insecurity reached record levels in 2021 and has increased in 2022. However, one aspect that is not often discussed is water.

Humans can survive longer without food than water. Without water, there are no crops or cattle. Other studies point to increasing global demand for water as well. A 2019 study, “Reassessing the projections of the World Water Development Report,” found that water demand increased 600% over the past century.

“Global water demand for all uses, presently about 4,600 km3 per year, will increase by 20% to 30% by 2050, up to 5,500 to 6,000 km3 per year. Global water demand for agriculture will increase by 60% by 2025. By 2050 the global population will increase to between 9.4 to 10.2 billion people, an increment of 22% to 32%.”

Agricultural needs represent 70% of water demand. The poorest nations often have less access to clean water, and these are the same areas where the population is expected to rise. The aforementioned study also states that food demand will increase by 60% by 2050.

Our model projected entering another “grand minimum,” which overtook the sun beginning in 2020 and will last through the 2050s. This will result in diminished magnetism, infrequent sunspot production, and less ultraviolet (UV) radiation reaching Earth. We are facing a global cooling period on the planet that may span 31 to 43 years. It is interesting that these studies are pointing to 2050 as the point where water will become extremely scarce as it aligns with our models’ projection for the weather as we will then enter a new sunspot cycle.