Freedom Flyers


Armstrong economics Blog/Real Estate Re-Posted Jul 20, 2023 by Martin Armstrong

Have you ever noticed a decorative eagle plaque above a home in America? This was once a popular symbol back in the day to symbolize freedom from mortgage payments. Homeowners would adorn their houses with this symbol to indicate that they were free from the bank and owned their home free and clear. Around 40% of owner-occupied homes have been paid off, further adding to the housing inventory crisis.

The 2022 Federal Housing Finance Agency reported in 2022 that 84% of outstanding mortgages locked in a rate below 5%, while 63% secured a rate at or below 4%. Mortgage rates surpassed 8% last week and those who own are unlikely to sell. While some point to double-digit mortgage rates in the past, it was not difficult for buyers to put down 40% upfront since housing prices were low in comparison to wages. This was also a time when the cost of living supported a traditional lifestyle where only one partner was required to work.

Although COVID and low rates created strong demand, the underlying issue is the Great Reset. Institutions are set to own 40% of all single-family rentals by 2030, precisely on time for Agenda 2030. Regular buyers have been outbid by institutions coming in with cash payments. BlackRock is now the largest landowner in America. This is all by design. They do not want people to afford a home because then there would be no need for 15-minute cities, and forever renters living in ADUs. The inventory issue will not recover because no one can outbid the institutions who do not need to borrow money.

Trudeau – A Modern-Day Caligula?


Armstrong Economics Blog/Tyranny Re-Posted Jul 19, 2023 by Martin Armstrong

Nathaniel Pawlowski delivered a powerful speech to the European Parliament, where he called Justin Trudeau a modern-day Caligula. Pawlowski’s father, Artur Pawlowski, has been arrested numerous times for simply speaking out against the tyrannical Canadian government. Artur Pawlowski was a vocal advocate for medical freedom and continued to speak up for the people despite threats from the government. “Government has fallen,” the younger Pawlowski said, stating that Canadians have lost all freedoms under the rule of the Young Globalist WEF Leader Justin Trudeau.

Artur is being charged with criminal mischief for preaching to the Trucker Convoy in a 19-minute sermon, deemed a radical act of terrorism against the Canadian government. “If a pastor goes to prison, what can they do to the rest of us?” the son pleaded, asking the remaining free world to help his father before his trial in August. He called Trudeau a “modern-day Caligula” for stripping Canadians of all rights and ushering in tyranny under the guise of COVID. He called out the WHO for structuring a way to take away our rights as well.

You can read more about Caligula here. He is remembered for opulence, incest, and outrageous rulings, such as naming his horse a senator. While he was a poor ruler, I believe Trudeau is far more tyrannical. There are other emperors who emerged over the long course of the Roman Empire who truly struck down the people and removed all freedoms at whim.

Commodus is a good example. Commodus believed he was a god – Hercules reincarnated – and demanded to be worshipped. Commodus renamed the calendar, declaring that all the months of the year were to be renamed corresponding to his twelve names: Lucius, Aelius, Aurelius, Commodus, Augustus, Herculeus, Romanus, Exsuperatorius, Amazonius, Invictus, Felix, and Pius. He decreed that all the legions were to be renamed. Commodianae, the fleet which imported grain from Africa was termed Alexandria Commodiana Togata. Even the Senate was to be renamed the Commodian Fortunate Senate. These insane decrees were instantly abolished upon his death when he was assassinated on December 31, 192 AD.

Edward Gibbon wrote of him in his Decline and Fall of the Roman Empire:“[D]istinction of every kind soon became criminal. The possession of wealth stimulated the diligence of the informers; rigid virtue implied a tacit censure of the irregularities of Commodus; important services implied a dangerous superiority of merit; and the friendship of the father always insured the aversion of the son. Suspicion was equivalent to proof; trial to condemnation. The execution of a considerable senator was attended with the death of all who might lament or revenge his fate; and when Commodus had once tasted human blood, he became incapable of pity or remorse.” (Book 1, Chapter 4)

Still, there are more tyrants amid the Roman Empire who condemned all freedoms and appointed themselves as God over the people. Dare I refer to King Herod Antipas who arrested and later beheaded John the Baptist for speaking out against the tyrant’s marriage to his own sister-in-law, or the notorious Emperor Pontius Pilate who crucified Jesus for speaking against the government and former way of life? Those in charge do not like to have their authority questioned, even if it is in a peaceful manner.

NATO – Escalates Nuclear War


Armstrong Economics Blog/NATO Re-Posted Jul 18, 2023 by Martin Armstrong

What has come out of this NATO meeting is the West is escalating the war with Russia. They are expanding the “sharing” of nuclear weapons at the request of Poland, which has always been rejected previously. This means that any nation with F35 and F16 will have available to them nuclear weapons. This is why Russia has warned that handing Ukraine F16s will mean that they must now assume they could be carrying nuclear weapons, and rightly so for Ukraine is driven by its hatred and is by no means a responsible nation-state. NATO knows that.

The entire reason NATO will not really allow Ukraine to enter while it is at war has little to do with its legal code. The Neocons are using Ukraine as their sacrificial lamb on this altar of war. As long as Ukraine is not a member yet, the Neocons can funnel everything to them; they hope that Ukraine will create some false flag to justify nuclear war with Russia as their dream come true. As RFK has pointed out, immediately upon his return, Biden ordered the deployment of 3,000 more reservists to Europe. This is simply preparing to fight Russian forces on the ground in Ukraine/Europe.

Victoria Nuland is now the #2 in the State Department. Her sister-in-law Kimberly Kagan founded the Institute for the Study of War (ISW), which is the source of much of the fake news. All the ISW does is put out propaganda about Russia that they are corrupt and weak and that we can take them down in a few weeks without nuclear weapons. This family has its roots in Ukraine. Most curious, even the New York Times wrote about this Kagan family that they were really leftists and very outspoken to the point of manipulating whatever to gain their view of the world. The question is, just why is this family such warmongers? We have a major undisclosed conflict of interest, and the Biden Administration should immediately fire Victoria Nuland and all her supporters within the Biden Administration to save the world and our nation.

Victoria Nuland is really of Ukrainian Jewish descent. Her family changed their name to try to hide their Jewish ethnic background. She really would be Nudelman, not Nuland. She is actually the daughter of Yale bioethics and medicine professor Sherwin B. Nuland, who changed his surname from Nudelman to Nuland. She retained her family name Nuland to perhaps further hide her Jewish connection by marrying Robert Kagan. Victoria speaks Russian, French, and some Chinese. Hiding her Jewish background is critical. Her father was raised by parents who were Orthodox Jewish immigrants from Ukraine. Hence, her grandparents were Jewish Meyer Nudelman (1889-1958) and Vitsche Lutsky (1893-1941). This explains why Nuland has been a public proponent for Ukraine to wage war against Russia.

France’s President Emmanuel Macron and India’s Prime Minister Narendra Modi are desperately trying to broker a peace deal. But Zelensky is pure evil. He has sold his own nation out to the Neocons for a handful of silver offered by Blackrock and JPMorgan. My Ukrainian sources have their eyes open. Zelensky is destroying Ukraine to capture the Donbas and Crimea, which have Russian Indigenous people they hate passionately. This is like trying to solve the differences between Sunni and Shite in the Middle East – not going to happen. Zelensky is simply a war criminal, and this is a land grab since the Ukrainian ethnic people have never occupied the Donbas.

Khrushchev was in charge of rebuilding Liev after World War II and drew the border for that province simply for administrative purposes, for it was Russia at the time. Khruschev grew up there in the Donbas, and he was followed by Brezhnev who was also born and raised in the Donbas. So we are to wage World War III for territory that has NEVER been Ukrainian? In Moscow, there has been a debate for decades about who is Russian. Stalin was from Georgia, and neither Khrushchev nor Brezhnev was born in Moscow.

Under the Ukrainian theory that the Donbas is Ukraine, Ukraine set the entire Cuban Missile Crisis of 1962 in motion. Does that mean that Ukraine is the real former enemy, not Russia, since Khrushchev set that in motion? This seems to explain Victoria Nuland’s sheer hatred for Russia and her constant push for war along with her husband and the propaganda from her sister-in-law at the Institute for the Study of War that is always being quoted by the press.

Handing F16s to Ukraine, combined with this NATO shift toward a nuclear-sharing agenda, means that Russia must now consider Ukraine a nuclear threat. This is an insane escalation, and it is all being driven by this Neocon dream to annihilate Russia from the face of the planet. Meanwhile, inside Russia, their anti-war experts oppose claims from their Neocons to launch a preemptive nuclear strike. This has come out and made it clear that such a push is extremely irresponsible, according to Russia’s influential think tank. There will always be pro- and anti-government segments no matter what country you visit.

Unfortunately, the Neocon thinking is to judge others by what you yourself would do:

“I know you will punch me in the face, so I will defend myself and punch you first!”

They created the Institute for the Study of War – not PEACE. They live for war – that is all they ever preach. This is their time, and they have seized all the power of the White House and will declare war, bypassing Congress and call it a required response under the NATO treaty; thus the people, nor Congress will have any say in creating World War III. This is why the 2024 election MUST be rigged for anyone other than Biden might ask questions.

Further Evidence of WWIII – DoD Budget


Armstrong Economics Blog/War Re-Posted Jul 18, 2023 by Martin Armstrong

The Department of Defense (DoD) drastically changed its budget plan. The left is constantly complaining about how America spends too much on defense, and the White House originally decided that there would be around a 2% increase in the budget for 2024, which is average. Now, the Department of Defense is planning a 10% increase in military spending for 2024.

We are allegedly not at war, so why is the government planning a 10% increase on an $880 BILLION budget? That is a massive increase for a country allegedly not at war. The proxy war was planned long ago (see: “The Plot to Seize Russia), and the chess pieces are now in a position for the US to engage in warfare unapologetically. They need to pull the trigger on this plan before November 2024. This is the PLANNED election cancellation plan.

The US must be engaged in a full-scale war for Joe Biden to remain in power. The world knows that the lights are on and no one is home, so to speak. Biden is rapidly losing his cognitive abilities in front of the world and no one dares to impeach him for the numerous offenses made against the US. There are plenty of other candidates who even those on the left would chose ahead of Biden. The problem becomes Biden is bought and paid for – an easily managed puppet of the deep state. They need their puppet to stay at the forefront to prevent anyone from interrupting their plan.

We will not have a real 2024 US Presidential Election. They have already put funds aside for the war, and will no doubt ask for more. No sitting president has ever been ousted during a war and this is the Neocons last chance to secure power. World War III already started.

New study shows that neither global warming nor CO2 radiative forcing were a cause of mass extinctions


Browse:Home/2023/July/10/New Study: Neither Global Warming Or CO2 Radiative Forcing Were A Cause Of Past Mass Extinctions

New Study: Neither Global Warming Or CO2 Radiative Forcing Were A Cause Of Past Mass Extinctions

By Kenneth Richard on 10. July 2023

Over the last 210 million years [Myr], (a) CO2 falls as temperatures rise (negative correlation, r = -0.76), (b) mass extinctions occur 4.08 Myr after CO2 peaks, and (c) global warming/CO2 radiative forcing “did not cause extinction of biodiversity.”

A new study has been published in Earth’s Future journal that supplements a 2017 analysis of hundreds of millions of years of CO2 and temperature variations.

Davis (2017) argued that for 97.44% of the last 425 Myr there was either a negative correlation (CO2 falls, temperatures rise or CO2 rises as temperatures fall) or no correlation at all between variations in global temperatures and radiative forcing by atmospheric CO2. In other words, the IPCC-proposed link between the rise in atmospheric CO2 as the causal mechanism and global warming could only explain 2.56% of the variance in the long-term paleoclimate record.

Image Source: Davis, 2017

A positive correlation between high CO2 and extinctions

But now a new study by the same author looks at the timing of mass extinctions and their correspondence with atmospheric CO2 concentrations over the last 210 Mya. There were reportedly 12 mass extinction events that occurred when CO2 was rising to peak levels (~1,000 ppm) during this period, whereas 6 occurred as CO2 was falling. This is considered a weakly positive correlation.

Interestingly, though, the timing for the mass extinctions was, on average, 4.08 Myr after the CO2 levels had reached their apex. This leads one to question why it would be thought the effect (mass extinctions) should lag the triggering cause (peak CO2) by millions of years. Especially since species extinctions can occur in time spans of decades to centuries.

A negative correlation between global warming and atmospheric CO2

As he did in his previous paper, Davis (2023) documents an overall negative correlation between global temperatures and atmospheric CO2 concentrations over the last 210 Mya. Specifically, multiple degrees of increases in global temperatures occurred as CO2 levels fell (for example, from 772 ppmv to 291 ppmv).

“The correlation between atmospheric CO2 concentration and interpolated global temperature proxies is discernible and negative (r = −0.76, n = 8, p = 0.01).”

Since the correlation between CO2 and global temperature is more often negative than positive, the positive link between high CO2 levels and extinctions Davis addresses in his study could be explained as a better correlation with high CO2 and global cooling than with high CO2 and global warming.

Image Source: Davis, 2023

Neither global warming or CO2 radiative forcing caused past mass extinctions

Over the last 210 Myr, the correlation between global warming periods and mass extinctions is “not discernibly different from zero” (r = 0.03), and the correlation between atmospheric CO2 radiative forcing (RF) is also “not discernibly different from zero” (r = -0.001). Without correlation, there can be no causal relationship between either global warming or CO2 radiative forcing and the record of mass extinctions.

“These results collectively require rejection of the hypothesis that long-term (Myr timescale) global temperature change caused extinction of biodiversity across the most highly resolved portion of the fossil record, the last 210 Myr.”

“This study therefore excludes long-term temperature (climate) change as a possible cause of past mass extinctions.”

“If long-term global warming was the cause of past extinctions, then long-term temperature and marginal RF by atmospheric CO2 should both be correlated positively with biodiversity loss. As shown here, however, biodiversity loss is not correlated discernibly with marginal RF by atmospheric CO2…that is, changes in RF by atmospheric CO2 did not cause past collapses in biodiversity and are not a plausible kill mechanism of mass extinctions.”

Noble Scientist says Climate Change is a Hoax


Armstrong Economics Blog/Climate Re-Posted Jul 15, 2023 by Martin Armstrong

Dr. John Clauser, the co-winner of the 2022 Nobel Physics prize has come out and said the whole nonsense of Climate Change caused exclusively by CO2 is an absolute HOAX. Anyone who has ever studied physics cannot possibly conclude otherwise. There is absolutely NOTHING that can ever be reduced to a single cause and effect in anything. It is always a complex dynamic.

Here is Bill Gates who I would not trust to walk my dog admitting that blaming CO2 is not without dispute. There is just nothing, even in market movements, that can be reduced to a single cause and effect – PERIOD! Perhaps he should have paid attention in physics class, assuming he took it.

One of our clients was one of the top 5 Australian mining companies. Their CFO lost more than $50 million in the currency. They ordered him to meet with me. He knew my track record and said perhaps it was just a coincidence. Finally, I asked him what his background was. He hesitated and said physics. I said GREAT! Now look at the market through the Second Law of Thermodynamics. His jaw dropped and said – OMG, there has to be a cycle. I said you got it.

Heat always moves from hotter objects to colder objects (or “downhill”), unless energy in some form is supplied to reverse the direction of heat flow. 

The second law of thermodynamics establishes the concept of entropy as a physical property of a thermodynamic system.

Human activity cannot possibly create a one-way street that is the typical linear analysis that if the temperature rises by 1 degree per year, then in 50 years we will be all dead. That is like saying since the stock market rose 1,000 points this year, it continue to do so for the next 50 years. It is just an absurdity and thereby it is a HOAX for nobody in their right mind would ever make such an honest forecast of this nature. According to all this nonsense, we should have been dead by now.

Greta Thunberg deleted a 2018 tweet about the urgency of addressing climate change. Her tweet included a quote from an article that said an influential scientist warned climate change “will wipe out all humanity” unless fossil fuel use was ended “over the next five years.” Some have said that Great misquoted him since he claimed he never made such comments. Anyway, we are still alive – thank you linear analysis.

How to Gain Control Over the Most Intelligent Species on the Planet (video)


Armstrong Economics Blog/Great Reset Re-Posted Jul 15, 2023 by Martin Armstrong

Chicago Suburb To Pay Reparations


Armstrong Economics Blog/USA Current Events Re-Posted Jul 14, 2023 by Martin Armstrong

Chicago is crumbling to the ground. What do the politicians plan to do to fix the problem? Buy votes! The Chicago upper-middle-class suburb of Evanston, Illinois, approved a $10 million reparation package in 2019. The city will now hand out $25,000 to 140 black residents over the age of 18 who lived in the area between 1919-1969. “I see it as like a test run for the whole country,” stated Justin Hansford, head of the Thurgood Marshall Civil Rights Center at Howard University.

Of course, they have not properly funded the trial program. Initially, the committee agreed to use taxes from marijuana sales. When that wasn’t enough, they took funding from real estate taxes. They have less than $1.2 million after years of searching for funding and will be hunting down the public for additional taxes. Let’s do the math here — $25K for 140 people is only $3.5 million. Do they need the extra $6.5 million to fund the committee and politicians? The greed from every angle is unbelievable.

Some activists are already complaining that the generous $25,000 free handout is not enough. One woman who received her free check during the initial trial told the New York Post that it is only “a good start.” She blew the entire thing on home renovations and it certainly didn’t heal her ancestral wounds that she needed money to heal. Give an inch, and people will take a mile. Reparations are not economically feasible by any means and creating further inflationary conditions will hurt the dollar in general.

They are creating a racial divide between a small percentage of the country and everyone else. Only a small portion of Americans had ancestors that were slave owners, and even then, the law does not expect future generations to pay for the misdoings of the past. The nation is crumbling because we are divided on everything from race, religion, sexuality, and politics. We use every term to define ourselves other than “Americans.” The average person is struggling to make ends meet as living prices have become unsustainable. There will be a civil war if people are expected to give others their hard-earned money without reason. These politicians are creating an upheaval by using tax dollars to buy votes and it will not end well.

Biden Orders 3,000 Reservists Activated for European Command Deployment


Posted originally on the CTH on July 13, 2023 | Sundance

This is not good. Apparently, the 20,000 additional troops sent to Europe last year bringing the total to 100,000 are not enough.

Earlier today Joe Biden signed an order activating 3,000 reserve troops to be ready for deployment as part of Operation Atlantic Resolve.  [White House Announcement]

WHITE HOUSE – “By the authority vested in me as President by the Constitution and the laws of the United States of America, including sections 121 and 12304 of title 10, United States Code, I hereby determine that it is necessary to augment the active Armed Forces of the United States for the effective conduct of Operation Atlantic Resolve in and around the United States European Command’s area of responsibility.  

In furtherance of this operation, under the stated authority, I hereby authorize the Secretary of Defense, and the Secretary of Homeland Security with respect to the Coast Guard when it is not operating as a service in the Navy, under their respective jurisdictions, to order to active duty any units, and any individual members not assigned to a unit organized to serve as a unit of the Selected Reserve, or any member in the Individual Ready Reserve mobilization category and designated as essential under regulations prescribed by the Secretary concerned, not to exceed 3,000 total members at any one time, of whom not more than 450 may be members of the Individual Ready Reserve, as they deem necessary, and to terminate the service of those units and members ordered to active duty.” (link

Politico has further information from the Pentagon:

[…] “This reaffirms the unwavering support and commitment to the defense of NATO’s eastern flank in the wake of Russia’s illegal and unprovoked war on Ukraine,” Lt. Gen. Douglas Sims, the director of operations for the Joint Staff, told reporters on Thursday.

While the move gives the military’s European Command “greater flexibility” to defend the continent, it will not change the actual force levels in Europe, Capt. Bill Speaks, a spokesperson for U.S. European Command, said in a statement.

The president’s order also for the first time designates Operation Atlantic Resolve, the U.S. effort in Europe, as a contingency operation, which allows the Pentagon to call up reserve forces and implement sped-up acquisition authorities to supply those troops with equipment.

The designation not only allows the president to mobilize reservists, but also ensures they are paid and supported as active-duty troops. It also provides support for families and dependents of any reservists who might be deployed. (read more)