Not Just Recession—Massive Economic Shift!


Lee Camp Published originally on Rumble on November 26, 2022 

This is not just a Recession — it is a Massive Economic Shift!

New Interview: Energy, Russia/Ukraine, Cryptos, US Civil War, Real Estate Crash


Armstrong Economics Blog/Armstrong in the Media

Posted Nov 26, 2022 by Martin Armstrong

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“This Week in Money

Meloni Set to Abolish Italy’s Welfare State


Armstrong Economics Blog/Italy Re-Posted Nov 25, 2022 by Martin Armstrong

Italy’s new PM Giorgia Meloni revealed her first economic initiatives with a budget of 21 billion euros. The Italian government will no longer provide free handouts to those who simply refuse to work. This should not be controversial.

For starters, anyone eligible for welfare must actually reside in Italy. Those capable of working will have eight months to find employment before their free paycheck runs out. Alternatively, if someone refuses a job, they will be excluded from receiving welfare. The 5-Star’s citizens’ wage will be abolished by next year as the system has been abused by many who simply do not want to work. They are reviewing the pension system as well, but it’s too late to save the pension funds.

Italy’s first female PM is also encouraging couples to start families amid a birth rate crisis. Women may take a sixth month of maternity leave and still receive 80% of their salary. Meloni cut taxes on goods for newborns and feminine hygiene. Couples will receive a 50% increase in the “baby bonus,” and families with over three children will receive more incentives. Italy needs future taxpayers.

Everyone cheered when America appointed its first female vice president, but Kamala Harris has done nothing for women who still pay the pink tax and do not have access to maternity leave. It is astonishing how controversial this move has become with the papers calling Meloni a Fascist dictator for preventing working taxpayers from paying for those unemployed by choice.

Australians Safe from Fifth Jab


Armstrong Economics Blog/Australia & Oceania Re-Posted Nov 23, 2022 by Martin Armstrong

After taking four vaccines and failing to curb the transmission of the coronavirus, Australian health officials will not recommend a third booster shot. Health Minister Mark Butler said the Australian Technical Advisory Group on Immunization (ATAGI) admitted that a fifth dosage of the mRNA vaccine would have “minimal” effect toward reduction efforts.

Australia once had some of the strictest COVID restrictions in the world, and this is huge news. ATAGI member Allen Cheng, Ph.D., mentioned that the risk of myocarditis in younger people is troubling. “Vaccinations are beneficial and protective even for younger people but the more doses you get the less benefit you derive from them and then we start to worry about causing side effects,” Cheng said.

Butler said that new booster recommendations will be made in early 2023. Australians are not off the hook yet. Everyone over the age of 30 has been eligible for a second booster since July. The government still recommends staying “up to date” on vaccinations despite that standard constantly changing.

Ukraine Supporters & Denial of History


Armstrong Economics Blog/Ukraine Re-Posted Nov 22, 2022 by Martin Armstrong

UN Agreement Ukraine 1994

I apologize, the proposal began in 1991 for Russia to join NATO. But the final agreement with respect to Ukraine’s nukes was not in Belgrade but in Budapest. History has been rewritten to support the war against Russia for climate change. I have never seen any account of history that reports NATO invited Russia to join in 1991. Some people are so pro-Ukrainian that it is insane. They are really cheering for World War III and no doubt believed in COVID, Weapons of Mass Destruction in Iraq, and Hillary’s RussiaGate. They refuse to open their eyes to see that they have been played for fools as always to justify war.

So cheer all you want. This war will NOT be confined to just Ukraine you can watch it on TV as if it is some video game. Ukraine was the 3rd largest nuclear power. That was a fact. The US paid them to surrender their nukes to Russia and they in turn provided nuclear power rods for electricity. James Baker warned about loose nukes and Ukraine was one of the three republics that ended up with nukes. The difference was, Ukraine wanted to use them on Moscow. All my sources back then were deeply concerned that Ukraine just could not ever be trusted. It was Ukraine that kept the cold war going. Zelensky has supported the Ukrainian Neo-Nazis who have even bragged that they feed the bones of Russian-speaking children to their pet wolves. I have fact-checked that and it is a true statement made to the press.

My dealing with Ukrainian governments has always been: Just show me the money. Ukraine is a corrupt black hole. History will show who is on the right and wrong side if any side survives.

Good luck with your hatred. Remember, there is a funny thing about what we call karma. What you wish on someone else may be what becomes your own undoing. So don’t worry. Your hatred of Russia will end that nation, but it will be a Phryic War and nobody will survive. So cheer the loss of your future. You will get what you deserve in spades.

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.

The Ukrainians were unprecedented in their war crimes during WWII and the sheer outright cruelty one would expect only exists in some B-Rated horror movies. This included:

  • Running children through with stakes
  • Cutting a person’s throat and pulling their tongue out through the hole
  • Sawing a person’s torso in half with a carpenter’s saw
  • Cutting open the belly of a woman in an advanced stage of pregnancy, removing the fetus, and replacing it with a live cat, before sewing up her abdomen.
  • Cutting open a pregnant women’s abdomen and pouring in broken glass
  • Nailing a small child to a door.

Ignore all the history you want to keep fanning the flames of war. When you lose everything, remember – you asked for this result.

A Technical Study of Relationships in Solar Flux, Water and other Gasses in the upper Atmosphere, Using the October, 2022 NASA & NOAA Data


From the attached report on climate change for October 2022 Data we have the two charts showing how much the global temperature has actually gone up since we started to measure CO2 in the atmosphere in 1958? To show this graphically Chart 8a was constructed by plotting CO2 as a percent increase from when it was first measured in 1958, the Black plot, the scale is on the left and it shows CO2 going up by about 32.4% from 1958 to October of 2022. That is a very large change as anyone would have to agree.  Now how about temperature, well when we look at the percentage change in temperature also from 1958, using Kelvin (which does measure the change in heat), we find that the changes in global temperature (heat) is almost un-measurable at less than .4%.

As you see the increase in energy, heat, is not visually observably in this chart hence the need for another Chart 8 to show the minuscule increase in thermal energy shown by NASA in relationship to the change in CO2 Shown in the next Chart using a different scale.

This is Chart 8 which is the same as Chart 8a except for the scales. The scale on the right side had to be expanded 10 times (the range is 50 % on the left and 5% on the right) to be able to see the plot in the same chart in any detail. The red plot, starting in 1958, shows that the thermal energy in the earth’s atmosphere increased by .40%; while CO2 has increased by 32.4% which is 80 times that of the increase in temperature. So is there really a meaningful link between them that would give as a major problem?

Based to these trends, determined by excel not me, in 2028 CO2 will be 428 ppm and temperatures will be a bit over 15.0o Celsius and in 2038 CO2 will be 458 ppm and temperatures will be 15.6O Celsius.

The NOAA and NASA numbers tell us the True story of the

Changes in the planets Atmosphere

The full 40 page report explains how these charts were developed .