Armstrong Economics Blog/Climate
Re-Posted Oct 28, 2019 by Martin Armstrong
On September 28, 1924, the New York Times reported that there was evidence that the Arctic had actually been tropical in the past. They reported that there was the possibility of a coming Ice Age. The NY Times reported: “NATURE is in a strange mood beyond the Arctic Circle, Glaciers are moving from their age-old beds, pouring greater quantities of ice into the sea than recorded history has known. Broad areas of land are sinking to new levels. A number of islands have disappeared.”
Then on March 27, 1933, the NY Times reported: “America in Longest Warm Spell Since 1776; Temperature Line Records a 25-Year Rise.”
There have always been overlapping forecasts that swing between global warming to Ice Ages. Journalists love to write alarming stories to capture the attention of readers. This has been going on since 1895. The difference this time has been that this issue has been seized by the socialists and used as the covert method to push their agenda to control the economy, end independent business, and redistribute wealth.
Armstrong Economics Blog/Agriculture
Re-Posted Oct 25, 2019 by Martin Armstrong
The new EU Agriculture Commissioner has publicly stated that Europe loses 1,000 farms per day. He acknowledged that the EU is losing 400,000 farms per year. However, crop and livestock production in Europe is projected to decline and maybe completely abandoned Europe’s southern and Mediterranean regions due to the increased negative impacts of climate change, according to a European Environment Agency (EEA).
The study says that adapting to climate change must be made a top priority for the European Union’s agriculture sector if it is to improve resilience to extreme events like droughts, heatwaves, and floods. But the obsession with Climate Change in Europe which is destroying its economy and now its ability to even grow food many are concerned will lead to starvation once again as was the case in Ireland because of the British Corn Laws which prohibited the importation of grain from America.
The nonsense of Climate Change seems to be poised to accomplish what it is designed to do – reduce the population. The question that needs to be answered is: Whose grandchildren are we trying to prevent from being born? Those who do not believe in Climate Change created by Humans? Certainly not the promoters or politicians. So it must be the rest of us they want to starve.
It certainly appears that perhaps this is the backdrop as to why we may see a rise in agricultural prices into 2025 and our computer is showing this should be a cost-push inflationary wave.