Dr Easterbrook was Never Allowed to Testify at the UN


Wheat & Climate Change

COMMENT: Hello Mr. Armstrong,

Thank you very much for all you do for us little people. I am a Basic member just trying to move my 401K in and out of the markets to try to make a little extra for retirement. Unfortunately I can only make a move once a month.
Here is today’s temperature in the oil fields of the North Slope of Alaska. We have been in cold weather shutdown for about 2 weeks. I have been here 20 years and have not seen a cold snap like this.

Best Regards,

REPLY: Even the data that the entire CO2 crowd argues that in 1850s CO2 was only 240ppm was derived from ice cor samples – not actual testing. They are so gullible it is beyond belief. The CO2 measurements from ice core samples is by no means accurate for it represents more of an average. It does not show the spikes that take place with war when it surged above 400 during World War II. Moreover, they are using a period which was a 5000 year low into the ice age.

What we face is more of the impact of this upon agriculture and food going forward not to mention disease. The flu season takes place during the WINTER not summer. Global cooling is far more dangerous on so many levels.

When we look at markets, Wheat elected TWO Yearly Bullish Reversals at the end of 2019. The major resistance begin at the 800 level and our minimum target would be 860 by the top of this Economic Confidence Model come 2024. The markets are reflecting global cooling is on its way – not global warming.

Climate Change & the Inability of Rational Thought

COMMENT: Marty; I find it really interesting how people try to pretend you are wrong and claim it is warm where they are or because of some fluke one day high in the Antarctic. It seems to me these people are the lowest on the totem pole and are not very bright.  They are incapable of seeing the whole and are just Greta worshipers. Why are people, such idiots? Is there any hope for them? Or should we just write them off as not smart enough to even hold a conversation? There are also so many records broken for the past three years during each winter? They just never look beyond the headlines.


ANSWER: I learned a long time ago from a friend who was a medical doctor that there were two primary methods by which people think. There is a linear thinker who can only see in a straight line. They are often the A student because they just memorize and are incapable of creativity. As the saying goes, they end up working for the C students who have the creativity and are dynamic thinkers who connect the dots and see everything around them. The B student typically takes a safe job with the government.

This winter is getting colder each year. I flew to Cancun to try to get warm and it was just in the 70s and was too cold to swim. This season has been smashing records for snowfall. I find it curious how these people send nasty emails to me yet are incapable of looking at the forecasts they cling to about global warming refusing to be objective. How about not bad considering the UN’s climate science body (IPCC) said in 2001 that snow would become rare! They had forecast in 2007 that Himalayan glaciers would melt away by 2035. They have come out and finally admitted that the forecast was unfounded. How about the forecasts: “Goodbye winter. Never again snow?” Der Spiegel, 1 April 2000. In 2007 they were forecasting all ice would be gone by 2012. A list goes on and on about every forecast these people have made has been wrong. They assume whatever trend is in motion will carry on forever. They never consider there is such a thing as a natural cycle.

You cannot reason with such people. They are incapable of rational independent thought. Above all, they offer no proof, just speculation based on linear assumptions. They have succeeded in destroying the European economy. Just watch the next 4 years

Do Rising or Falling Sea Levels Prove Anything?

QUESTION: The argument that man has caused global warming and that sea levels will rise is evidenced by many places that were on the sea are now inland such as Pevensey Castle in Essex. Would you address that argument? Is there any credence to this?

Thank you


REPLY: They believe that Pevensey Castle was built about 1800 years ago on the coast of the English Channel, south of London, in South Essex. The castle was originally constructed by the Romans on the shoreline back in 230 AD. The Saxons came along and built on top of that during 938 AD extending into about 1066 AD. The ocean retreated from that region as it has risen in other regions. The ancient city of Alexandria is mostly underwater in Egypt and is part of the Seven Wonders of the World under the sea.

It is very nice to argue that the sea level has risen and then, of course, they blame humans. The New Jersey Pinelands is proof that most of the state was underwater. Pine trees grow there because there is no fertile soil for farming, except cranberries in water bogs.

All of this is very nice. It proves nothing because there are earthquakes that also impact the land and in some cases it causes it to rise, and in other cases, it sinks below the waves. There is even Bimini Road underwater off the coast of Bermuda that people argue probably leads to a lost civilization below the waves — maybe even Atlantis. There are examples you can show on both sides. I do not believe this is proof one way or the other, simply that the environment changes and it has obviously NEVER remained the same.


Congress Requests Google to End Free Speech

Congress Letter to Google

Katherine Anne Castor who is the Democrat from the 14th district in Florida who is an attorney who apparently became a politician because she has difficulty with understanding the First Amendment Freedom of Speech has amazingly sent a letter to the head of Google asking him to violate the First Amendment and asked him to effectively remove any YouTube that disagrees with her desired narrative on Climate Change.

This is how oppression begins. The government seeks to suppress the right to disagree with their agenda. What is next? She asks to eliminate the Republican Party and just more to a full dictatorship? She is a disgrace to any political party and being a lawyer no less she has no excuse to pretend she has no idea the implications of her letter.

“YouTube has been driving millions of viewers to climate misinformation videos every day, a shocking revelation that runs contrary to Google’s important missions of fighting misinformation and promoting climate action,” wrote Kathy Castor, chair of the committee.′ “Last September, you proudly declared that ‘sustainability has become one of Google’s core values from our earliest days,’ and announced ‘the biggest corporate purchase of renewable energy in history.’”

The Danger of an Idea – Just Change the Label to Environmentalism

COMMENT: The totalitarian need for and use of the new idea.
First, after the French Revolution, the idea was Marxism . which led to Lenin, Trotsky, Stalin, Neocons and so many totalitarians.
Today, Marxism is sort of worn down a bit, and suspected, so the new necessary idea is environmentalism, in celebration of which; the hoi polloi will vote themselves into chains.
The idea conquers all logic. So, conclusion—– climate change never happened before.


REPLY: I find it curious how this idea of taking other people’s assets is one of the prohibitions in the Ten Commandments, meaning that it is a very old idea that keeps resurfacing. You are correct, it is always the same solution. When it is discredited like Marxism, then change the label and call it “socialism” to oppress others. When that becomes old, they call it “progressivism.”

Even Teddy Roosevelt, who was a Republican, began his Progressive Party based on Marxism without ever using the label. We now have Elizabeth Warren and Bernie Sanders calling themselves “Progressives” trying to avoid the word “Socialist” with the same platform.

Once again, they change the label but the solution remains the same — seize private property because the government should run everything, and use regulation to oppress the behavior of people to destroy the Industrial Revolution and send everyone back to a commune style life.


Religious & Climate Change DRAFT

Armstrong Economics Blog
Re-Posted Jan 27, 2020 by Martin Armstrong

QUESTION: Good morning Mr. Armstrong!

Thanks for always opening our eyes! Could you please explain to me what natural phenomenon of cataclysmic proportions could alter the world and even change religion and who and how would they benefit today? What role should universities play in this scenario? What and how should we teach in classrooms to prepare our students so they can face this future?
Professor … University

ANSWER: That is a very interesting question. Historically, religion seems to go through changes that are driven by economics. However, in many instances, economics has been driven itself by often climate change that has resulted in mass migrations.

There were two major climate change periods which drove the populations from the north to invade the south. The first was the Sea People who invaded moving from Europe south into northern Africa. That was the collapse of the Bronze Age. Virtually every civilization collapsed with the exception of Egypt. The next major mass migration was the invasion of the northern tribes into the Roman Empire.

Even the migration from Europe to the United States in mass took place during the Little Ice Age. Remember, there were no income taxes. The tax burdens were indirect and property taxes. The weather, however, was very cold. Most likely the combination sent many to flee to the United States.

The Great Irish Potato famine began in 1845 and had a severe social impact for some six years which sent waves of Irish migrating to America. Ironically, those who keep claiming that the population will run out of food using the theory of Thomas Malthus, miss the entire point of what motivated him behind coming up with that theory – it was climate change and the Little Ice Age – not global warming. The environmental dangers behind Malthus and his six essays on population were published between 1798 and 1826. This was the Little Ice Age.

If we look at the fall of Rome, historians have reached a consensus that the line is drawn with the death of Marcus Aurelius in 180AD. He is followed by his son, Commodus, who is so ruthless that he was assassinated on December 31, 192AD which unleashed civil war in Rome. The Praetorian Guards were so corrupt, they put the office of Emperor up for the highest bidder after assassinating Commodus.

While the victor was Septimus Severus who began the Severan Dynasty, a member of that line was Elagabalus (218-222AD) who important his god from Syria and compelled the people to worship a black meteorite he claimed was the stone from god. He issued coins displaying the meteorite in a chariot he would parade around the city. He was assassinated in 222AD and his body was dragged through the streets.

So religion has often played a key role in events caused by economics driven often by climate change.

The Climate Change – Al Gore & Jennifer Morgan’s Fraud

All of the data that these climate activists have been using is an absolute fraud. It is untrue that 97% of scientists agree to any of this nonsense. They create that myth to then bully scientists who dare disagree with their agenda.

This is actually criminal behavior and the agenda is Marxism behind the entire plot. They use children like Greta and then Jennifer Morgan proclaimed at Davos that Greta is a climate expert, which is really just absurd at the age of 16.

Nobody will dare even question the climate change activists. They are NEVER asked to prove anything they have to say. They are NEVER asked to even produce a list of scientists who can be verified who have agreed with this catastrophic doom. Exploiting a 16-year-old girl so no one will publicly challenge her because of her age is all part of the scheme.

To argue global warming is dangerous is absurd. Just ask yourself: When is the flu season? Summer or Winter? Claiming this is all human-induced is a major fraud in and of itself when measuring the warming coming out of the Little Ice Age. It certainly appears that this is part of the economic decline of Europe that is underway. Then we have economists like Rogoff arguing to tax the West to hand the money to China. That is just an example as to why the West is declining and our computer will be correct — China is emerging as the next Financial Capital of the World. American politics has entered its Dark Age and its inevitable collapse.


97% Scientists Do Not Agree with Climate Change or the Solution

In 2009, the University of Illinois sent a survey online to about 10,000 scientists with the following two questions:


Do you agree that global temperatures have generally risen since the pre-1800s?

Do you think that human activity is a significant contributing factor?

Only 3146 responses were received of 10,000, and of that 31%, 90% said yes to the first question but 82% said yes to the second question.

This is how the fraud was carried out by people who have used this survey. They narrowed down the responses and found that among Meteorologists who responded, only 64% said yes to the second question, so about 1/3 said NO!

Then disregarding all the others of the 3146 responses, they focused on only 77 who described themselves as “climate experts” without any proof of their credentials and found that only 75 said yes to the second question.

Therefore, when we divide 75/77 we get to their claim of  97% of all scientists in the world say there is a climate emergency that warrants raising taxes and seizing property.

This was only 2.3% of those who bothered to respond and I doubt that they would agree with the solution which is COMMUNISM!


If we take the 75 responses of 10,000 scientists surveyed, that means that 0.0075% agreed that there is climate change with some human causality. Why are they lying to the entire world? Because behind this movement is the destruction of capitalism and the resurrection of communism. And people wonder why our computer has been forecasting that the financial capital of the world is moving to Asia? Climate Change Activists are trying to recreate the Marxist experiment all over again.


Rogoff’s Global Carbon Tax – Give the Money to China

QUESTION: Mr. Armstrong; What do you think about Harvard Professor Kenneth Rogoff who advocates a global carbon tax and then takes that money and hand it to China to subsidize them ending coal to generate electricity?

I think he has lost his mind.


ANSWER: This is why major institutions have ZERO respect for academics. They have no concept of the real economy because they have never had to actually roll up their sleeves and deal with a crisis. They have never seen firsthand how capital actually moves. They also see people as an endless source of taxes. Just unbelievable.