International Tourism Collapses by 80%


Armstrong Economics Blog/Economics Re-Posted Oct 7, 2020 by Martin Armstrong

International tourism has plunged it looks like coming in at around 80% by the end of the year. The UN World Tourism Organisation says it will drop at least 60%. The result of this has contributed to what we see as unemployment over 300 million worldwide. This collapse in tourism is 100% post-April 2020. This is going to contribute greatly to rising civil unrest next year globally. The collapse in tourism has already put millions of workers out of work. Those economies that have a high reliance on tourism like Greece and Thailand will suffer a significant decline in their GDP. Thailand, for example, will see a fall beyond 90% for the year’s total numbers.

Just from tourism which composes of airlines, hotels, travel agents, and restaurants, we are estimating a loss on a global scale between 100 to 120 million tourism jobs at risk of being lost permanently. It has been international tourism that has been one of the main engines of the global economy which not only accounts for roughly 7% of all international trade, it has helped to create world peace by exposing people to all cultures. Global tourism has also contributed to the aviation industry, which has simultaneously dropped sharply thanks to this deliberate global lockdown. Tourism has been responsible for creating direct and indirect jobs, when looked at closely, actually has accounted for 1 out of 10 of ALL jobs worldwide.

After discussing with REAL SOURCES, the very proposal that lockdowns may be needed to save the planet since they have been able to reduce CO2 but cutting off international travel as well as commuting. This has been a deliberate effort to use this virus which has NOT been any more lethal than the flu and has impacted the elderly as is the case with the flu to shut down the world economy and destroy its underpinnings to open the door for this Great Reset being pushed by Klau Schwab and his World Economic Forum.

When we look at American Airlines, for example, the two most important turning points will be the 1st quarter of 2021 and 2022. We would need a Quarterly closing back abobve $35.50 just to raise any hope of normalcy. Nevertheless, as long as this low holds, we may be in for a fight against these people who are using the virus to lockdown the world economy to reduce CO2. Nevertheless, the number of Directional Changes appear to be confined to 2021 with volatility starting to rise going into 2022.

We most certainly live in interesting times.

A Technical Study in the Relationships of Solar Flux, Water, Carbon Dioxide and Global Temperatures, August 2020 Data


Carbon Dioxide CO2 is not making dangerous changes to the global temperature!

From the attached report on climate change for August 2020 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? To show this graphically Chart 8 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 a bit over 31.0% from 1958 to August of 2020. 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 from 1958, using Kelvin (which does measure the change in heat), we find that the changes in global temperature (heat) are almost un-measurable. The scale on the right side had to be expanded 10 times (the range is 40 % on the left and 4% 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 31.0% which is 78 times that of the increase in temperature. So is there really a meaningful link between them that would give as a major problem? The numbers tell us no there isn’t.

The next chart is Chart 8a which is the same as Chart 8 except for the scales which are the same for both CO2 and Temperature. As you see the increase in energy, heat, is not visually observably in this chart hence the need for the previous chart 8 to show the minuscule increase in thermal energy shown by NASA in relationship to the change in CO2. Based to these trends, determined by excel not me, in 2028 CO2 will be 428 ppm and temperatures will be 15.0o Celsius and in 2038 CO2 will be 458 ppm and temperatures will be 15.6O Celsius. This is what the data shows no matter what the reasons are, so I have no idea how the IPCC gets to predict that the world will end in ten or even twenty years.

The full 40 page report explains how these charts were developed and why using NASA and NOAA data that are used without change to prove that The New Green Deal is not required and any attempt to complete that plan will be a worldwide disaster.

Click on the link below for the full report that you can download.

The 2016 Soft Coup Unraveling


Armstrong Economics Blog/Corruption re-Posted Oct 6, 2020 by Martin Armstrong

The Coup Against Trump because he was anti-war and “not one of us” is unraveling deeper and deeper corruption which is leading right to Gina Haspel who is the Director of the Central Intelligence Agency (CIA). They have contrived fake news and used it to go after everyone around Trump to disrupt his administration. Flynn is just the tip of the iceberg. The FBI is prohibited to penetrate and subvert any presidential campaign. Executive Order 12333, Section 2.9, “Undisclosed Participation in Organizations in the United States.” This expressly prohibits in very plain language any sort of intervention that arose from the U.S. Army Counterintelligence penetrating Students for a Democratic Society (SDS) to aid the FBI during the 1960s. Because of this prohibition, they viewed this as only prohibiting domestic intervention. That legal prohibition is why the FBI felt the need to manufacture a “foreign counterintelligence threat” in the UK and then “import” the investigation back into the United States.

However, this goes even further. Since the Steele dossier was paid for by Hillary, and the entire approval of investigating the Trump campaign in 2016 came implicitly from Obama and Biden, the corruption involving the infiltration of the 2016 Presidential Campaign was in itself a Soft Coup. Gina Haspel was the head of the London office of the CIA where everything was organized. The FBI needed to fabricate a foreign counterintelligence “event” in order to pretend this operation was legal. It is now Haspel who is refusing to declassify RussiaGate papers because it was her branch in the UK that was operationally the “friendliest” office to pull off this entire coup. Haspel was deeply involved which runs the risk of this even rising to the level of treason.

Sen. John McCain’s role in this coup explains a lot as to why he said he did not want Trump to speak at his funeral. It was McCain who handed the Steele dossier to Comey involving President Donald Trump. This was revealed in recently unsealed court filings. McCain previously had acknowledged getting a copy of the dossier, which was a compilation of memos written by former British spy Christopher Steele for he was friends with Hillary, and delivering it to then-FBI Director James Comey. McCain provided the cover for he was a Republican handing it to Comey rather than Hillary who paid for it. Moreover, it was also John McCain who was the sponsor of the Magnitsky Act which was a cover-up because of the Clinton’s approval of the bankers trying to take over Russia. (The film Magnitsky has been banned and removed from YouTube most likely at the demands of Bill Browder which only raises the probability that it was true)

However, the explosive dossier contained false accusations claiming the Russians had compromising information on Trump, which Comey is still trying to use publicly advising people to vote for Biden. This entire mess revolves around the US/NY bankers attempt to interfere in the 2000 Russian elections which forced Yeltsin to step down and brought Putin to power.

It was David Kramer who is involved with the McCain Institute for International Leadership which should be renamed the Institute for Soft Coups. Kramer was deposed in December 2017 as part of a legal battle waged by a Russian businessman Aleksej Gubarev over BuzzFeed’s publication of the dossier. The judge for the U.S. District Court for the Southern District of Florida unsealed the records adding even more interesting aspects to this Soft Coup.

Kramer Deposition

This election stands for a lot more than just who will be president. If President Trump is reelected, this might very well begin to DRAIN THE SWAMP. A victory for Biden would guarantee we will never hear another word about this Soft Coup. There is a lot at stake in this election that is so far beyond just the personality of the president. Trump needs to be very careful. These people will not think twice about eliminating him but probably by poison – they certainly do not what his picture on any money in the future.

Importance of Police/Army in a Revolution


Armstrong Economics Blog/Economics Re-Posted Oct 6, 2020 by Martin Armstrong

I have often explained that revolutions will be bloody if the army supports the government. Gaius Caesar Germanicus, we commonly refer to him by his childhood nickname Caligula (37-41AD), was the third emperor of Rome. While there are so many stories about him from his sex orgies to making his horse a senator, most of this was all FAKE NEWS generated by those who wanted to overthrow him and re-establish the Republic.

This Æ Sestertius struck at the Rome mint showing the legend ADLOCVT COH on the reverse, pictures Gaius standing left on daïs, extending a right hand in a gesture to address the Praetorian Guard.  COH in exergue means cohorts while ADLOCVT is his speech or allocation to the troops. He is acknowledging that he holds power over Rome only because of the support of the troops.

Caligula was murdered at the Palatine Games by Cassius Chaerea, a tribune of the Praetorian guard, Cornelius Sabinus, and others. Caligula’s wife Caesonia and his daughter were also put to death.  The murder of his wife and daughter demonstrated that this was an attempt to re-establish the Republic.

However, Chaerea did not control the loyalty of the majority of the Praetorians. Without an emperor, there was no need for the  Praetorians. As a result, they searched the palace to find Caligula’s uncle Claudius who was said to have stammered. They quickly proclaimed Claudius, as emperor and they seized Chaerea who was then sentenced to death. Chaerea requested to be executed with his personal sword, and this said to have been granted. Here is a gold aureus of Claudius picturing the Praetorian Camp also acknowledging that his power was because of the Praetorian Guard.

Here we have a valuable lesson from history. The government survives if the army/police are loyal to the state for, without the state, they become unemployed. Hence, many will fight for their personal privileges. Human nature never changes no matter how many hundreds of years may pass.

London Police have Abandoned the Entire English Bill of Rights


Armstrong Economics Blog/Civil Unrest Posted Oct 4, 2020 by Martin Armstrong

Historically, this is why the police are the first to be killed in a revolution. They support tyranny and when they do, the choose the side against the people. Here they are arresting people in Piccadilly Circus for protesting the arrest of Assange on behalf of the United States. Freedom of speech has been around since Magna Carta. They should realize that this is against human rights as well as the English Bill of Rights from 1689.

The Weight Of The World on Trump


President Trump has the weight of the world on his shoulders. In addition to world events, he’s been trying to make America great again despite COVID-19 and an ongoing coup by the Deep State. Plus he’s entering the home stretch of his reelection campaign. Now he must deal with the virus personally. Lesser men could not handle far less than this but Trump, like Atlas, will persevere. 

We at GrrrGraphics wish him and Melania a speedy recovery.

–Ben and Tina Garrison

Gates – Schwab – Gore – Refuse to Admit They Have Been Wrong


Re-Posted Oct 4, 2020 by Martin Armstrong

Farmers Cannot Cross Borders to Feed Livestock in Australia


Posted Oct 3, 2020 by Martin Armstrong

Schools-Equality-Oppression


Schools – Equality – Oppression

Re-Posted Oct 2, 2020 by Martin Armstrong

COMMENT: Hi Martin,
I wanted to comment about the blog posting ‘Fauci Belongs in Prison’. Having three children on remote learning by choice because we refuse to subject them to the draconian lockdowns at the school and mandatory mask requirements. Correct me if I am wrong, but didn’t Hitler say something like, “Forget about the adults, we want the children”, and those children turned out to be the killers in WWII.

Unfortunately, we have been able to witness the school’s systems brainwashing propaganda machine in action with our children. In the first week of school our son in middle school was tasked to watching videos with Fauci and Gates about masks, vaccinations, social distancing, etc. The same brainwashing machine was at work with our elementary school students, but it was being directed from the teachers. It is frightening to watch this in action!

My son loves to challenge the teachers with questions, with the information he also reads with me on your blog.
Keep up the awesome work, you are also getting the truth to our kids!
All the best,
KC

REPLY: Schools are teaching their particular political beliefs which is wrong. It is no different than teaching religion in school and saying all others are wrong. Regardless if this is right or left, there should be neutrality and children should not be indoctrinated in such a manner. They never teach the fundamental difference between leftist economics and right. Take Thomas Piketty. The left always insists that to achieve their goals, all opposition must be suppressed. To achieve his equality, others who enjoy working and achievement must be robbed of the fruits of their labor to redistribute to others who hate to work or lack the same talents.

Just because Tennis star Roger Federer is at the top of Forbes’ annual rankings of the World’s 100 Highest-Paid Athletes” earning $106.3 million, under Piketty, that is unfair and is the problem creating inequality because the rest of us cannot earn even $1 million to play Tennis.

“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, –That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.” 

My family has been here since before the Revolution and fought for freedom from England. My cousin still has the musket he used in the Revolution. Everything that is being taught about equality is simply Marxism. We are all equal in rights, not in talents. Nobody would pay me even $100,000 to play a game of Tennis. That does not mean Roger Federer has oppressed me despite the fact we have never met. The Declaration of Independence is what was supposed to govern our society – not lockdowns and oppressions.

The Propaganda Game & Nothing But Blue Skies


COMMENT: I don’t know if anyone has informed you of this, but the UK government is heavily advertising their new Track and Trace app on all platforms. I’ve seen it on Youtube, Reddit, Facebook, Instagram, Google Ads and not to mention billboards on every street corner and bus stop. I’ve worked at an online marketing agency and I know the costs of these types of campaigns. The number of impressions and clicks must cost them a fortune. The ads are of the most persistent and visible kind, which are of course the most expensive ones.

Unless these big tech companies are giving them huge discounts, the costs don’t add up to the problem. If there’s a vaccine coming in a couple of months, this app shouldn’t have to be necessary after that anymore. So why use so much money in advertising an app that will be completely useless and mass-deleted in just a couple of months?

I have proof of this in the form of screenshots but unfortunately, I can’t seem to attach them in this contact form, but you could ask anyone who is in the UK right now and they could confirm it.

Londoner

REPLY: Thank you for your input from your unique perspective. There is clearly an agenda here and they are indeed discussing in London using LOCKDOWNS to prevent climate change. Klaus Schwab has sold this idea that the economy can be restructured in less than a year and he is also in partners with Thomas Piketty, the French Communist economist who wants to confiscate all wealth from anyone who has more than him and redistribute it for he claims the problem with the economy is equality. These people do not believe in freedom, democracy, or human rights. They think we are the Great Unwashed — too stupid to know what is best so they have to force their ideas for our own good. What they paint in their academic world where experience is looked down upon as doing your own dishes (that’s what maids are for) is nothing but blue skies hidden behind their curtain. To accomplish their dreams, they must impose AUTHORITARIAN TYRANNY for our own good, of course.