Armstrong Economics Blog/Climate
Re-Posted May 19, 2019 by Martin Armstrong
Al Gore in 2009 forecast that there would be no more ice by 2013. The BBC reported those crazy forecasts back in 2007. I have explained many times that the forecasting methods uses is to assume whatever trend is in motion will remain in motion forever. In other words, is the Dow Jones were to rally by 25% in one year, then they would predict that same percentage movement will continue forever. The methodology is completely void of any cyclical understanding how everything functions according to a cycle in the universe.
Is Germany’s Active Volcano Awakening?
Armstrong Economics Blog/Nature
Re-Posted May 16, 2019 by Martin Armstrong
Most people have never heard of a volcano in Germany. Well, the caldera of Laacher See was formed after the Laacher volcano that erupted between 12,900 and 11,200 years ago. Everything collapsed into the empty magma chamber below only two or three days after the eruption, forming what is now a lake. The estimated Volcanic Explosivity Index value was that of 6, which means that this eruption was 250 times larger than the eruption of Mount St. Helens back in 1980. Remains of this eruption can be found all over Europe and is often used for dating sediments. A number of unique minerals, like Hauyn, can be found in the region, and quarries to mine the stone as a building material.
The Laacher is still considered very much an active volcano. There has been recent seismic activities and heavy thermal anomalies under the lake. Carbon dioxide (CO2) gas from magma still bubbles up at the southeastern shore and scientists believe that a new eruption can happen at any time, which today would be a disaster beyond all description. The region known as the Eifel is an idyllic low mountain range in West Germany bordering the Rhine to the East and the Moselle River to the South. Its highest elevation a mere 747m at the Hohe Acht. German geologists have been concerned that there may be a volcanic threat. This possibility is beginning to gather strong support in expert circles, particularly after four recent earthquakes and the realization that magma is filling into the chamber below. The situation could turn from quiet to catastrophic in a matter of months. The volcanoes of the Rhineland are not subjected to close surveillance, for they have not been active is a long time. That seems to be changing.
Magma is once again filling into the chamber beneath the lake. This again is something that would contribute to global cooling if it were to erupt. There have been four recent earthquakes: April 28, 2019; May 2, 2019; May 6, 2019; and May 7, 2019. When the Fukushima Japanese disaster took place back on March 11, 2011, Chancellor Angela Merkel, who was a chemical physicist by profession, took the decision to stop eight nuclear plants in Germany and initiated a gradual, full exit of Germany from nuclear energy by 2022
Are we Heading into a Food Shortage?
Armstrong Economics Blog/Agriculture
Re-Posted May 13, 2019 by Martin Armstrong
COMMENT: Mr. Armstrong, I find it really distasteful that you laid out events well in advance and then everyone copies you without ever giving you credit. There are articles now appearing about the coming food shortage. The degree of plagiarism is unbelievable. It must be dishearting. I certainly begin to distrust these people and organizations for they certainly even know who you are.
LMS
REPLY: That is life. They are trying to sell something so they have to pretend to do the research to make money by getting people to read. The flooding wiped out stockpiles. Now the planting season is already behind on schedule because of the weather. As I have warned, the computer has been forecasting colder winters and shorter-summers. The planting season will decline and thus the danger of a serious food shortage as we head into 2024.

I previously wrote about the soaring bankruptcies among farmers and combine this with the flooding that continues, I believe the computer will be on point. I also wrote about how this year, the Russian wheat crop failed has failed because of the bitter cold with even April coming in as the coldest in more than 140 years. To make matters worse, our computer warns that the weather will not improve. The next 4 years will put even more financial pressure farmers. Even in Australia, the drought is sending the “roos” invading the cities and they like to feed precisely during Rush Hour. The drought is so bad in Australia, that animals are dying for lack of feed crops.
In the USA, four states are well behind on the planting schedule – Illinois, Minnesota, Indiana, and South Dakota. These four states combined to produce nearly 40% of the corn in the U.S. The charts are not yet responding to the fundamentals. This should begin to change next year. Nevertheless, we are building bases at higher levels. I have written plenty of times that any continuation of the weather beyond this season warns of a continued cooling trend. When our model is showing Global Cooling and 2019 has broken so many records, then there is a risk of a pending bull market in the price of food. This is something rather important enough to put on the agenda but governments prefer to listen to the Global Warming crowd to justify taxes.
Concrete Buildings Create C02?
Armstrong Economics Blog/Climate
Re-Posted May 3, 2019 by Martin Armstrong
The latest thing now is that constructing office buildings out of concrete and steel is now claimed to account for 5% to 8% of total greenhouse gas. They are now proposing to construct skyscrapers out of wood that are 35 to 40 stories high. They now argue that concrete structures are huge contributors to greenhouse gases. Of course, concrete was invented by the Romans and it is why the Colosseumis still standing as well as the Pantheon. Roman concrete or opus caementicium was invented during the late 3rd century BC when builders added volcanic dust called pozzolana to mortar made of a mixture of lime or gypsum, brick or rock pieces, and water.
Roman concrete was used from the late Roman Republic until the end of the Roman Empire. They used it to build monuments, large buildings, and infrastructures such as roads and bridges. The quality of the concrete was excellent and the buildings and monuments that are still standing today are a testament to the strength of their construction. Today, they argue that cement is one of the primary producers of carbon dioxide and it causes damage to the topsoil. Concrete creates hard surfaces which contribute to surface runoff causing soil erosion, water pollution, and flooding according to the Greens.
However, then there are studies that claim that concrete actually absorbs greenhouses gases and is good for the environment. Cement is the building block of civilization since ancient times and may eventually suck some of that carbon dioxide (CO2) enough to actually cancel nearly a quarter of the gases released making cement, according to a new study.
Of course, Wildfires emit carbon dioxide and other greenhouse gases that will continue to warm the planet well into the future. They damage forests that would otherwise remove CO2 from the air. And they inject soot and other aerosols into the atmosphere, with complex effects on warming and cooling. If we construct buildings all out of wood and they catch fire, that creates a major threat of greenhouses gases. Wildfires are estimated to produce 5% up to 10% of annual CO2 emissions.
Guess the only solution is to exterminate all human life. No more studies to contradict one day eggs are bad for you and the next they are no problem. Be sure to visit the Colosseum before an environmentalist blows it up to save the planet.
Chicago Still Getting Snow
Armstrong Economics Blog/Climate
Re-Posted Apr 29, 2019 by Martin Armstrong
Chicago still just got 2.5 inches of snow cancelling numerous flights. Snowing this late in the season is concerning on our models. As I have warned, the winters will get longer and the summers shorter. This can cause severe reduction in the production of food in the years ahead. The snow over the weekend at Chicago O’Hare International Airport broke the record for the date of 0.2 of an inch set in 1950
100% Reliable Climate Predictions
Why Has Global Warming Paused? – William Happer
Dr. William Happer, Ph.D., Keynote 3, ICCC10
Princeton Physics Professor Discredits Anthropogenic Climate Change Theory
NYC Bans Hot Dogs Adopting New Green Deal
Armstrong Economics Blog/Climate
Re-Posted Apr 26, 2019 by Martin Armstrong
OK. New York City can’t pay its bills and politicians think chasing Amazon out of town because they wanted a $3 billion tax break actually saved $3 billion when that was predicated on them paying some taxes, has now moved to ban hot dogs to save the environment? Mayor Bill de Blasio approved a complete insane $14 billion Green New Deal on Monday, April 22, to combat climate change. He has ordered cuts in purchases of red meat by 50% in its city-controlled facilities such as schools, hospitals, and prisons. What they don’t tell you is the Fed feed inmates meat that is marked “NOT FIT FOR HUMAN CONSUMPTION”because the FDA compel producers to send a portion of every lot of food for testing. However, the FDA may test one box and the rest goes to prisoners to reduce costs.
Mayor de Blasio has also declared he wants Meatless Mondays in all NYC schools. He publicly stated: “It is a difficult plan. It is a necessary plan…. Estimates that tell us that we have only 12 years to get it right. Let’s be clear, we have until 2030 to change things fundamentally, or our lives won’t be the same.” So banning hot dogs will now stop Global Warming or else we will all die in 12 years.
NYC is running a deficit so Mayor de Blasio’s administration spends more than it takes in and he forgets he is not the federal government. Raising taxes has only resulted in a mass migration from NYC and when interest rates diverge and begin to rise for the peripheral sovereign markets such as state and municipal governments, NYC may go off the edge once again. Many analysts are concerned about his deficit spending. In February 1975, New York City entered a serious fiscal crisis. Under mayor Abraham Beame, the city had run out of money to pay for normal operating expenses. It was unable to borrow more due to the hard times and faced the prospect of defaulting on its obligations led it into declaring bankruptcy. It took just 43 years (86/2) to return to the same position of deficit spending. The New Green Deal is really absurd. It demonstrates he is living in a fantasy world where he sees deficit spending without end as no problem. After all, federal governments all do that with no problem. The different is, they have the power to create more money – Mayor de Blasiodoes not.






