The Cabal is Oppressing Climate Dissent & COVID-19 Dissent


COMMENT: Dear Mr. Armstrong,
I am a regular reader of your blog from Poland and I highly value your opinions that spring from exceptional intelligence and experience. I’d like to contribute a few words to the discussion on the ideas of the “green movement”. When I listen to some of those people I have the impression that they consider humanity as some kind of disease that has befallen our planet, and if we all died out the planet would breathe a sigh of relief and life would thrive undisturbed for countless of billions of years. Yet it doesn’t seem it would. According to scientists, the Earth will probably become unsupportive for life within the next billion years because of increased solar radiation. Interestingly, the gradual process of atrophy of life will begin much sooner due to a dearth of carbon dioxide! If life on our planet can somehow be protected and prolonged, or perhaps spread across the Universe, it can only be done by some intelligent beings with great technological capabilities. If we fail, then perhaps some other intelligent creatures will evolve, but there is no guarantee of that as intelligence seems to be a unique feature that does not appear all that often among living organisms.
Therefore, I believe that far from being a disease, we are the planet’s hope!
Best wishes,
RR

ANSWER: Their agenda is really Marxism. They are using the environment to pitch their economic agenda. Their push is to seize the industry and control it. This agenda is really quite serious. They exaggerate everything and refuse to address any criticism. They have indoctrinated the education system. In Canada, they were actually teaching kids that because of global warming, Russia would be able to invade Canada. They refuse to even consider that solar energy fluctuates. They act as if the planet has warmed from the Little Ice Age solely because of CO2. They will not allow anyone to challenge them and now they have Wikipedia removing dissent. When any movement must try to shut down dissent, it ceases to be a basic movement for the people and becomes a dictatorial movement that destroys human rights. They act like they never heard of solar panels.

Now we see the very same power trying to suppress any medical comment that COVID-19 is now justified for this level of hysteria.

Influence by a Cabal of Evil People Bring Us to Where We are Now!


COMMENT: Dear Mr. Armstrong,
I don’t mean this against you specifically, but your latest post reminded me of It. I am in my 40s now. Ever since 9/11 I have been hearing older people say, ‘I’m just glad I’m not 18 today.’ Everyone knew this was coming. All the old people in America could have been spending the last 20 years of abundant free time trying to make the future -better- for all the young people coming up behind them. Instead, they were on cruises, playing golf, bingo, going to Florida, getting early-bird dinners, etc. And then they just sit there and say, ‘Boy your lives are going to be terrible.’ Well, thanks.
– JM

 

REPLY: You are absolutely right, but the average person also does not know where to start. The system is so corrupt at every level it does feel like resistance is futile. When I was young, I tried to make a difference. I quickly learned that trying to work from within government was indeed futile. You have people who try so hard to smear me by saying I’m a fraud, but why? It is because they also know that we have probably the largest institutional base of anyone. They fear, as always, I am too influential. But the truth is we are not influential enough to prevent this crash and burn.

My personal goal was to create Socrates in the hope that people will look at this and understand when it is time to rebuild, let’s do it the right way. I think Socrates has done an outstanding job. I have not personally been able to articulate its forecasts because I am just human. It has projected this crash, and the dramatic rise in unemployment that I fundamentally could not rationalize based on history. It projected years in advance that this 8.6-year wave would be a commodity boom, built upon shortages and NOT demand. That much I have been able to articulate. My job is to reveal its forecasts. As I have said, I was at a loss to comprehend how unemployment could possibly rise so fast. That has NEVER taken place even in times of war, no less the Great Depression.

We can see that unemployment even during the Great Depression took three years to reach the 25% level. Even by 1930, unemployment had risen from the 3% level to about 8.5% in a year. Socrates forecast something that NEVER took place in history. That to me was very impressive.

They may hate me and claim I have too much influence, but that is always when they are going against the trend. This a cabal, a coordinated attack using so many fronts it is just beyond contemplation. It has been well organized. The WHO, which is part of this conspiracy, is now stating the world must remain locked down.

The untold story is of the farm workers who pick crops in Europe migrate from Poland south. This lockdown is causing a serious shortage in food which will lead to starvation and a real rise in disease, which our computer is projecting in 2022. This conspiracy to further political change is threatening civilization, national security, and inviting war.

Martin Armstrong Answers Questions — Q&A 4-7-2020


QUESTION #1: Marty, you always said that gold and the dollar would rise during the monetary crisis cycle. I must admit, the fundamentals always seem to unfold to support your forecast. The article on the dollar shortage is really enlightening. The gold bugs hate you because you do not support their hatred for the dollar. You have taught me to see the world from a real hedge fund manager’s eyes. So do you see this dollar crisis taking down the IMF?

Thank you

DF

QUESTION #2: Martin, Why do you seem so surprised about the chaos Soros and Gates are creating? Didn’t your (ECM) model predict it? Some events or Some person(s) needed to be the catalyst. Change is inevitable.

Resistance is futile.

JC

QUESTION #3: What do you think of Icke saying there is no virus?

HS

COMMENT #4: Even if Dow briefly touchs 28K I am done for the year:) 35% up in dollar terms , who cares what happens next:)) On a different note if the dollar shortage is as large as you have been writing I think Fed has done a decent job and kept DXY at 100 (so far) .

SM

ANSWER: There is a serious risk that like the ECB, the IMF is stepping into something they have no clue what is going on. The total outstanding private corporate debt from emerging markets is more than $2 trillion in size and denominated in US dollars. However, the total market is $15 trillion. This is astonishing and the goldbugs harp on the dollar debt and hyperinflation and the dollar must turn to dust. They remain clueless that ONLY a rise in the dollar will blow-up the world economy unleashing massive sovereign debt defaults.

Yes, the ECM has been projecting this would be a commodity wave of inflation, but I have stressed many times, this is not the traditional boom inflation. It is inflation on the back of a SHORTAGE, not speculative demand.

I appreciate the line from the Borg, “Resistance is Futile.” I think if we do not resist, I hate to see the world we leave behind. As I have also said many times, I thank God I am not 18 years old. The youth will never know the freedoms of the prior generations.

As far as claims there is no virus, sorry I do not buy that. My cousin is a nurse who has been attending to these people. She has been infected and was nowhere near 5G. The virus exists. We have many doctors who are readers and they share information. They are not the propaganda machine.

Bill Gates & CO2 Must Be ZERO


Bill Gates was all on board with Greta, Al Gore, and Greenpeace. Using the coronavirus and demanding we be locked down until at least June, this is a covert means to further their climate change and to subject the world to a new authoritarian regime. What these people have done is beyond contemplation. This is a major global coup all based upon this theory of CO2 which he even admits there is no formula to even pretend if CO2 is X then the temperature will be Y.

This has been a plot to destroy society and end the Industrial Revolution. Since Bill Gates resigned from Microsoft and Berkshire Hatheway just before this deliberate destruction of our economy, if he or his foundation sold stock and bond investments ahead of this event he is supporting, that is INSIDER TRADING! He won’t have to worry about the INEQUALITY of wealth, everything he has will be forfeited as a fine to the government. and he will be equal once again and his conscience will be restored.

Do Tall Buildings Signal a Recession or Depression?


Madison Square Garden was constructed in New York City and was opened on September 29, 1891. The 304-foot (92.66 m) building had been completed a year earlier and was the second-tallest in New York City, just in time for the Panic of 1893. It was named after James Madison, the fourth president of the United States. The first garden, leased to P. T. Barnum, had no roof and was inconvenient to use during winter.

It was demolished after 11 years and a new Madison Square Garden was designed by noted architect Stanford White. It was constructed by a syndicate which included J. P. Morgan, Andrew Carnegie, P. T. Barnum, Darius Mills, James Stillman, and W. W. Astor. The third version began construction in 1925 after it was demolished and that lasted until 1968. The fourth version began construction in 1968 and was completed in 1969. That too was timed with the Panic of 1968.

The Flatiron Building marked the Panic of 1903. This was a triangular 22-story building that became the landmark building at the time. Construction was completed in 1902, and it was one of the tallest buildings in the city at 20 floors high. For the Panic of 1907, it was the Singer Tower on Broadway. With 47 stories, it was the tallest building in the world from 1908-1909.

There is the well-known story of how the Empire State Building, which was 102 stories, became the symbol of the Great Depression in the 1930s. The design for the Empire State Building was changed fifteen times to make it the world’s tallest building as a symbol of hope during the Great Depression. Construction began on March 17, 1930, and the building opened thirteen and a half months afterward on May 1, 1931. Despite the publicity surrounding the building’s construction, its owners failed to make a profit until the early 1950s.

As you can see from the chart above, after the 45% correction in the Dow, the market began to bounce. The project of the Empire State Building went ahead. Many assumed that the market was recovering and new highs would come again. Little did they know that most of Europe, South America, and Asia permanently defaulted on their debts in 1931.

The original World Trade Center destroyed in 2001 was a large complex of seven buildings in the Financial District of Lower Manhattan. It opened on April 4, 1973. This became the symbol of the 1974 Crash and the beginning of Stagflation. Likewise, the Aon Center in Los Angeles opened in 1973 which also marked a peak in the economy.

The 1987 Crash was marked by One Liberty Place in Philadelphia, and then the SEC later destroyed Drexel Burnham with Michael Milkin because of their competition with New York City. The SEC never has destroyed any firm in New York City as they have done in Philadelphia and Chicago.

Petronas Towers in Kuala Lumpur became the symbol of the 1997 Asian Currency Crisis and the 1998 Crash due to Long-Term Capital Management. That was the mass liquidity crisis from the emerging market collapsed that began in Russia.

In New York City, construction began on April 27, 2006, of the new One World Trade Center just in time for the Panic of 2007. It did not open until November 3, 2014.

The  Burj Khalifa, known as the Burj Dubai, also became the symbol of the 2007-2009 crash.

Like the wise tale that markets go up with women’s skirts and fall when then drop back to their ankles (i.e. Roaring 20s), the competition to create skyscrapers and always build the biggest in the world has also been an interesting correlation to major crashes in the world economy. The Jeddah Tower(Arabic: برج جدة‎), also known as the Mile-High Tower, was to begin construction in 2008. It was put on hold. This promised to be the tallest building in the entire world. It appears that plans for such buildings coincide with the boom days. All work was paused with the tower about one-third completed due to labor issues with a contractor following the 2017–19 Saudi Arabian purge. This too seems to be the symbol of this correction and the crisis in the Middle East.

Iran & War


QUESTION: Mr. Armstrong, your forecast for Iran back in 2012 has been correct. It picked 2016 which in January the International economic sanctions on Iran were lifted after UN said it was satisfied with progress on fulfilling the nuclear agreement. President Rouhani then embarked on the first European state visit of an Iranian president for 16 years. But that same month is when the serious rift in relations took place after Saudi Arabia executed a leading Shia cleric Nimr al-Nimr. During May 2017,  Hassan Rouhani won re-election as president.= and by June that is when there was a co-ordinated attack on parliament and the shrine of Ayatollah Khomeini. That is when the Islamic State group claimed responsibility. That sparked major protests in December 2017 over economic grievances. The next year in 2018, President Trump announced the US withdrawal from the 2015 international deal on Iran’s nuclear programme. Iran in turn warned that it will begin increasing its uranium enrichment capacity if the deal collapses as a result of the US move.

I have followed your report and it has been truly remarkable for someone that is covering the entire world. My question is now, your array showed the 2016 turning point which was amazing, but it also showed 2020. There are increasing tensions once again. Do you have an update on this forecast?

Thank you

ABSR

ANSWER: There is a rising tide in Iran toward a confrontation. In February 2020, the hardliners scored big wins in parliamentary elections, but this was with a record low turnout of only 42.6% while any moderate would-be candidates were barred from running for not meeting strict eligibility criteria.

Back in 2013, the State Department blew everyone away after admitting that they officially and intentionally deleted several minutes of video footage from a 2013 press briefing to mislead the press over the Iranian nuclear deal under the Obama Administration. Then in 2o16, Iran also tried to sell oil in euros in a futile attempt to end oil’s link to the dollar. They clearly failed to understand this was not a SERIOUS blow to the USA, but in fact, they took on the currency risk of the euro and lost.

It appears that 2020 is the low for oil and we should see tension rise sharply with Iran which will help oil into 2024.

Wind Turbine Disposal Issues


Jack Dini image

Re-Posted from the Canada Free Press By  —— Bio and ArchivesApril 3, 2020

Wind Turbine Disposal IssuesNo one seemed to consider what to do with the massive amount of wind turbine blades once they reached the end of their lifespan. Thus, the irony of the present day Green Energy Movement is the dumping of thousands of tons of non-recyclable supposedly renewable wind turbine blades in the country’s landfills. 1

Wind turbine blades slated for waste disposal is forecast to quadruple over the next fifteen years

What’s even worse is that the amount of wind turbine blades slated for waste disposal is forecast to quadruple over the next fifteen years as a great deal more blades reach their 15-20 year lifespan. Furthermore, the size and length of the newly installed wind turbine blades are now twice as large as they were 20-30 years ago.

The wind turbine blades are a toxic amalgam of unique composites, fiberglass, epoxy, polyvinyl chloride foam, polyethylene terephthlate foam, balsa wood and polyurethane coatings. So, basically, there is just too much plastic-composite-epoxy material that isn’t worth recycling.  1

More than 720,000 tons of blade material will be disposed of over then next 20 years in the United States—a figure that does not include newer, taller higher-capacity turbines. Disposal of these blades—a byproduct of increasing wind generation—is becoming a growing problem.  2

A typical wind turbine has a foundation, a tower, a nacelle and three blades. The foundation is made from concrete, the tower is made from steel or concrete, the nacelle is made mainly from steel and copper, the blades are the most environmentally problematic at end of life since there are currently no established industrial recycling routes for them. Disposal at the end of life cycle must be considered but has been lacking. 3

Germany now has 29,000 wind towers. The nightmare of scrapping and decontamination has already started, with 250MW decommissioned last yer. Close to 10,000 towers must be decommissioned by 2023. One tactic has been to ship the toxic parts and rubble to African states to deal with the problem. 4

Other wind turbines have a six-figure decommissioning costs

There’s some public record material about decommissioning US wind farms, and it’s not reassuring. In Minnesota, the ten year old Nobles Wind farm has 134 turbines of about 1.5MW and is operated by Xeel Energy. Xeel estimates the cost for scrapping each turbine at up to $530,000 or $71 million total. Each turbine has a tip height of 120 metes. Just to scrap one 40m blade, involves crunching composite material weighing more than 6 tons.

As American Experiment points out, even $71 million doesn’t finance a thorough clean-up. The contracts oblige Xeel to restore the land to a depth of only about one meter, whereas the foundations go down 5 meters. Moreover, underneath the 56 square miles of this Minnesota wind farm is 140 km of cabling and pipes. The documents don’t say if the cables would stay or go. (4)

Other wind turbines have a six-figure decommissioning costs as well. According to utility documents for the Palmer’s Creek wind facility in Chippewa County, Minnesota, it would cost $7,385,822 to decommission the 18 wind turbines operating at that site, a cost of $410,000 per turbine. 5

The waste disposal site located near Casper, Wyoming will soon be filled with over 1,000 decommissioned wind turbine blades and motor housing units. The Wyoming House of Representatives recently agreed to the introduction of a bill that would ban the disposal of wind turbine blades in the state. Wyoming House Bill 217 would make it a misdemeanor to dispose of turbine blades and would impose fines of up to $1,000 for convictions. 2

Nationwide, there are nearly 50,000 wind turbines, with 2,700 being decommissioned, since the energy boom of the 1970s. Bloomberg New Energy Finance is expecting up to 2 gigawatts worth of turbines to be refitted this year and next. Each turbine blade will need between 30 and 44.8 cubic years of landfill space, using a total of 448,000 cubic yards of the 2.6 million yards set aside for construction and demolition material. This nearly 20 percent of total landfill space is enormous, given the amount of construction and demolition material disposed of in the United States. To prevent acres of abandoned and decaying wind farms, Wyoming laws require companies to provide bonds to cover the cost of decommission and disposal of turbines once they are taken out of service or abandoned. 2

Recycling turbine blades is more regulated in countries that have had wind power for decades. The European Union, for example, has waste management rules. Some European companies sell older and less efficient parts to customers in Asia, Africa, and Latin America. Veolia, a German global utilities and waste management company, found that decommissioned blades can be crushed and burned along with other components in cement kilns where the blades transform into solid fuel that can be used in the cement industry. One American entrepreneur believes the blades can be recycled by grinding them up to make chocolate chip-sized pellets which can be used for decking materials, pallets, and piping. But, this option does not begin to deal with the massive disposal problem ahead for those countries well into wind generation, which is rapidly including the United States.

With an increasing dependence on wind generated electricity and the ever growing size of the turbines, the issues of waste from wind turbines is significant and evolving. Most state governments did not provide for the disposal of wind turbine blades despite implementing renewable standards that require the generation of electricity from wind or other forms of renewable energy. It appears that many never even thought about the potential side effects of mandating new forms of energy generation such as wind and solar, and are only now learning the consequences of their edicts. Some states have ridiculously high percentage requirements for renewable generation that only exacerbates this problem. 2

In short, disposing of wind turbines is a significant problem, with negative impacts on communities and the environment.

References

  1. “The renewable energy myth: 50,000 tons of non-recyclable wind turbine blades dumped in the landfill,” zonehedge.com, (1/10/20)
  2. “Wind turbine blades will continues to pileup at US landfills,” instituteforenergyresearch.org, (3/6/20)
  3. Pu Liu and Clair Y. Barlow,  “Wind turbine blades in 2050,” Waste Management 62, 229, April 2017
  4. Tony Thomas, “When wind turbines die, the problems are just beginning,” conservativewoman.co.uk, (11/15/19)
  5. Isaac Orr, “It costs $532,000 to decommission a single wind tower,” americanexperiment.org, (12/3/19)

Socrates & the Whole


COMMENT: Mr. Armstrong – as a subscriber to Socrates, I find it remarkable how prescient its analyses have been. (Wish I were a better trader to benefit more financially! But that’s another story – live & learn. At least Socrates has kept me out of trouble, so far.)

My observation/question is, now that Vermont has gone full-on Politburo, directing retailers to “CEASE IN-PERSON SALES OF NON-ESSENTIAL ITEMS”:  I wonder if the timeline for the dissolution of the Union has accelerated? When Government decides what is essential, we’re all in trouble.

Thank you again for your work.
N.A.

REPLY: Yes, Socrates has done something that no human could have ever foreseen. Even its forecast that unemployment would be like a slingshot I questioned myself since that has never taken place in history. Only something that can analyze and do so without passion, bias, or conflicts of interest would survive such an event. Not even during the Great Depression did we see unemployment rise so fast.

This has NOT been about merely forecast the collapse of the stock market. This is far greater than any single market forecast. If you cannot see the whole, you will never understand what is taking place within a single market.

Just so everyone understands, Socrates is not even in one location. It is monitoring the world from multiple locations around the globe to prevent it from being blocked at least by a single governmen

Manipulating the World Economy Update


The books we listed on eBay are delayed in being mailed out because they are being printed in Pennsylvania. Our printer is located there but actually does print for hospitals so he is designated essential. So the problem was not the printing. The problem became that we cannot hire some temp workers up there to mail out the books. So they will be delayed probably for another week until the chaos clears and the governor of Pennsylvania comes to his senses. I have been told that some are selling the Second Edition on eBay. I presume they are not in Pennsylvania.

We are ordering more books since they keep selling out. I support this is a sign of the time – sheer chaos.

 

Ice Age & Warfare


QUESTION: Did the sea level rise after the last Ice Age? When did warfare begin?

HS

ANSWER: About 85% if pre-history ancient sites are actually underwater.  Usually, ancient people were close to the sea. As a result, many pre-history sites are still underwater which sunk after the last Ice Age. A great example of that is Atlit Yam which was an ancient submerged Neolithic village off the coast of Atlit, Israel. It has been carbon-dated as to be between 8900 and 8300 years old. Among the features of the 10-acre site is a stone circle.

The Neolithic (“New Stone Age”), was the final division of the Stone Age period, which began about 12,000 years ago and is distinguished by the first developments of farming. The Neolithic first farmers, spread westward from Anatolia (modern-day Turkey) arriving in central Europe 7500 years ago. They tended to be more settled lives than the nomadic fishing and foraging peoples they displaced, but they also were territorial. There is evidence that there was violence with mass gravesso there was clearly warfare even back during the transition to the Neolithic period.

There are over 35,000 megaliths in Europe alone, ranging from Sweden to the Mediterranean sea. Stonehenge is a prehistoric monument in Wiltshire, England, which is probably the most famous of this megalithic period. The Neolithic Megalithic era gives way to the Bronze Age. Archaeologists believe Stonehenge was constructed from 3000 BC to 2000 BC.

So yes the sea level rose following the Ice Age and there is evidence that warfare existed even during pre-history.