Japan and Denmark Collaborate on Floating Wind Turbines


Armstrong Economics Blog/Climate Re-Posted Oct 25, 2023 by Martin Armstrong

Danish Prime Minister Mette Frederiksen met with Japanese Prime Minister Fumio Kishida to discuss offshore wind turbines. Denmark is a leader in wind turbine technology, while Japan has an advantage in shipbuilding technology. Japan has stated that it plans to increase its offshore wind power by 60% by 2030. Biden stated he wants to power 10 million homes in America with offshore wind power by 2030, which is our computer’s 2032. The UK, Denmark, and other nations aligned with the Great Reset are also targeting 2030 and the industry as a whole is growing rapidly.

This fishing industry has warned that this technology will prevent them from yielding the same amount of fish each year. This will impact our overall food supply. But we will have bug protein to supplement us. No one knows the repercussions of placing these massive devices in the ocean. The environmentalists don’t want the energy companies drilling for oil, but they are OK with drilling deep into sea beds.

One study believes that this technology could hurt surface predators such as plankton and disrupt all sea life. The powerful wind structures could change the ocean’s upwelling and impact water temperature, and therefore move nutrient-dense water that those at the bottom of the food chain depend on to survive. “The consequences of these changes in physical upwelling structure on the ecosystem are currently unknown and could potentially form future areas of investigation that could also include an assessment of fisheries and socio-economic effects,” a recent study published on Nature admitted.

Japan and Denmark have a lofty goal of reducing greenhouse has emissions by 2030 before going to net-zero by 2050. “What I’m hoping for is that the effort to increase offshore wind in Japan will produce a ketchup effect, where you try to get the ketchup out of the bottle but nothing much comes out until suddenly it does, after much effort,” a Danish ambassador to Japan told the Japan Times. The Danish Energy Agency discussed the 2020 New Climate Agreement in which there will be a “new era with energy islands.” “An energy island serves as a hub for electricity generation for the surrounding wind farms, by collecting and distributing the electricity between countries connected by an electricity grid,” the report explains. Denmark believes it could power portions of Europe.

The Japan-Denmark partnership could be promising as nations are pledging their support for Agenda 2030 and spending to implement these structures, regardless of their efficiency or actual impact on the ecosystem.

The Unfolding Recession & The Coup


Armstrong Economics Blog/Economics Re-Posted Oct 25, 2023 by Martin Armstrong

QUESTION: Mrt. Armstrong, Socrates has been a real lifesaver. It is refreshing not to have someone spinning their political views into everything. Socrates called for the high in GDP here in 2023 and that the high took place in May. Here, we have Biden creating money without regard for fiscal responsibility. Socrates has shown the economy peaked in May. This is truly remarkable. Is this strange situation our fate into 2024?

KL

ANSWER: I understand that Socrates has forecast what is the opposite of every economic theory out there. It shows a recession has been unfolding since May, but this is on the aggregate level. On top of that, we have a Panic Cycle next year in 2024 in GDP. When I drill down into its forecasts per state, what becomes painfully apparent is what I have been writing about. There is a massive migration from blue states to red states initiated by COVID-19 but accelerated by tax increases. Thus, real estate is declining in the blue states, and those who didn’t want to move because of the higher mortgage rates will find their houses unsalable regardless of the mortgage rates. This will be particularly true in New York, Chicago, San Francisco, Seatle, and Los Angeles, to mention a few. They had their chance. With the onslaught of migrants into those areas, those cities are raising taxes to cope with the aliens who pay no taxes.

Add to all of this chaos, Biden’s open border policy has let in terrorist cells, so nobody bothered to check anyone. Geopolitically, starting a war in the Middle East was insane. The Democrats should just admit that the real head of state in Blinkin and his VP is Victoria Nuland. They are the people running the country into the ground. We will see domestic terrorism thanks to the open border, and this time, World War III will be coming to a theater near you.

Then, we have a surge in diseases eradicated in the USA, like TB and malaria. We will also see a rise in diseases, including polio. Even Fed Chairman Powell has broken his silence in criticizing the Biden Administration. He has made it clear that this spending spree is unsustainable.

Climate Change zealots and the Neocons have usurped the Biden Administration. The Democrats are destroying the United States. Politics is so divided and polarized that they refuse to look at and stop the trend. This is not about Democrat v Republican. The United States has undergone a coup, and those in Washington are so caught up in hating each other nobody gives a dam about the country or the people.

The United States has become so divided – it is impossible to survive as one nation. The division is already starting. So, while the Democrats point fingers at the Republicans and they are so desperate to imprison Trump that they will ensure he dies mysteriously like Epstein and so many, there will be nothing left to fight over.

We are facing a recession because the consumer tends to spend less and save whenever there is UNCERTAINTY. Simple as that.

Then, if we end up with wars in Asia, Europe, and the Middle East, Foreign Capital Will Flee to the US

Hence – we have a Panic Cycle warning about two opposite trends.

Israelis Blame Netanyahu


Armstrong Economics Blog/Politics Re-Posted Oct 25, 2023 by Martin Armstrong

Netanyahu is another corrupt politician leading the world into ruin. He has faced charges of fraud, bribery, breach of trust, and conspiracy throughout his presidency, but that is peanuts compared to what is currently happening. It is hard to believe that Israeli intelligence was unaware that 1,000 Hamas fighters were amassed at the border. Netanyahu claims that the terrorists simply outsmarted Israeli intelligence and there was nothing he could have done to prevent the attack, but the people of Israel want to hold  Netanyahu responsible for the October 7 invasion.

Most nations believe their leader is corrupt, but the people simply have no say. An opinion poll by Maariv newspaper found that 80% of Israelis want to hold Netanyahu responsible for failing to secure the border and allowing Hamas to enter Israel. Only 8% believe he should not be held responsible. Most Israelis (65%) want a ground offensive in Gaza, with only 21% in opposition. Around 51% say they want a large-scale military operation that expands north to Lebanon, with 30% citing only a limited operation is needed.

Dialog Center poll found that 86% of Israelis believe their government failed to prevent the Hamas attack. Almost everyone (94%) believes that the government needs to take responsibility for what occurred, with 75% believing the government holds the brunt of the burden. Over half (56%) want Netanyahu to resign as well as Defense Minister Yoav Gallant (52%).

How did Hamas enter Israel? The government has yet to explain how the Iron Dome failed. They have not explained the extended period of time it took for troops to reach the site where the invasion took place. No one has explained why the US and Israel just so happened to arrange an open visa program shortly before the attack, or why NSA members were trading Northcorp stock ahead of October 7. Again, Palestine does not have an official military. How on Earth could a group of non-professional fighters penetrate one of the tightest borders in the world? Many know the answer.

Lindsey Graham – Read to Declar War on Iran?


Armstrong Economics Blog/War Re-Posted Oct 24, 2023 by Martin Armstrong

QUESTION: Mr. Armstrong, Thank you for educating us about the Neocons. Your special report opened my eyes and should be taught in school. Lindsey Graham, on your list of Neocons, seems to be ignorant of anything to do with the Middle East. His Meet the Press was virtually a push to declare war on Iran. That will bring in Russia, which he seems to want, and Turkey will be drawn in, which has the largest arming in the region. Besides that, 20% of the world’s oil supply still passes through the Straits of Hormuz.

His proposal to attack Iran’s oil production to cut off funds for Hamas is idiotic. Iran has thousands of missiles, if not nukes. They are sophisticated in cyber warfare. That will create World War III.

Is there nobody in Washington to push back against the lack of understanding?

GD

Military Strength by Country

ANSWER: These Neocons are living under the false assumption that the United States is overwhelmingly powerful and that the entire world can be brought to its knees in a matter of days. Our active military is only 1.4 million compared to Russia and China, which are at 3.2 million. Even India has 1.5 million. They think because we are a major nuclear power, that nations will tremble when we say boo.  Before this began, Iran had 610,000 active. Israel had just under 170,000. Sources say that Iran has had a flood of people rushing to sign up when they raised the black flag—perhaps 2 million.

If the US attacks Iran – that is World War III. This will take it from a regional war to a global war in a matter of hours. Then we have insane Neocons claiming NATO could defeat Russia in 3 days. This is insane. Then you have those looking at the Bible who have been writing in about Armageddon when those from the North invade into the Middle East. I seriously doubt that any of these Neocons believe in the Bible.

All these people ever preach is war – never peace.

Haley wants a Department of Offense


Armstrong Economics Blog/Politics Re-Posted Oct 24, 2023 by Martin Armstrong

Nikki Haley has made it clear that should would lead America straight into a nuclear war if elected president. She told Israeli Prime Minister Bibi Netanyahu to “finish them” and proposed an all-out genocide as the solution to the conflict. “I say this to Prime Minister (Benjamin) Netanyahu: Finish them. Finish them. Hamas did this. You know Iran is behind it. Finish them,” she shouted, urging for an immediate escalation by including Iran and later China. Now, Haley believes that the Department of Defense should be changed to the Department of Offense.

America is seen as the aggressor in China and Russia. The Middle East believes America is the aggressor in the Israel-Palestine war, and has been since it sends billions off to Israel each year to fund their military. There can be no peace with a Neocon in charge. Haley mentions nothing of the near 5,000 people who have died in the past few weeks alone.

Hamas released two American hostages last week, and Haley is discouraging the safe release of the others through diplomatic negotiations. Does she want Hamas to kill off their remaining bargaining chips? “But let me tell you what I told the Biden administration today: Don’t fall for it,” Haley said. “… They are doing this to earn favor with America because they want to try and look good in the eyes of America. Don’t fall for it.”

Anti-Zionism is antisemitism.

— Nikki Haley (@NikkiHaley) October 23, 2023

Half of these 2024 US Presidential candidates speak more on foreign affairs than anything happening at home. Let us remember that America has not actively declared war, and no one is encroaching on US soil besides the millions of illegals we purposely allowed in. She is another America Last mindless political drone spewing globalist fantasies. “We’ve got to be smart, and we’ve got to be ready,” she said. “I’m tired of talking about a Department of DefenseI want a Department of Offense. Every enemy needs to fear us,” the Neocon demanded.

She is utterly clueless. The world sees that America has all the military might and funding. The world no longer fears America because we A) have extremely weak leadership and B) a completely divided nation. It matters not if we double funding the DoD because our commander-in-chief is senile, and those pulling the strings are incapable of bipartisan relations, let alone foreign relations. A staunch Neocon like Haley is incapable of thinking of the lives on the line or the repercussions of provoking our enemies. She should drop out of the race entirely if she wants any foreign nation to fear us once again as America needs a level-headed adult capable of tactful and strategic relations at this volatile point in history.