Greta’s Nightmare

Armstrong Economics Blog/Climate Re-Posted Mar 3, 2021 by Martin Armstrong

One crisp winter morning in Sweden, a cute little girl named Greta woke up to a perfect world, one where there were no petroleum products ruining the earth. She tossed aside her cotton sheet and wool blanket and stepped out onto a dirt floor covered with willow bark that had been pulverized with rocks. “What’s this?” she asked.
“Pulverized willow bark,” replied her fairy godmother.
“What happened to the carpet?” she asked.
“The carpet was nylon, which is made from butadiene and hydrogen cyanide, both made from petroleum,” came the response.
Greta smiled, acknowledging that adjustments are necessary to save the planet, and moved to the sink to brush her teeth where instead of a toothbrush, she found a willow, mangled on one end to expose wood fibre bristles.
“Your old toothbrush?” noted her godmother, “Also nylon.”
“Where’s the water?” asked Greta.
“Down the road in the canal,” replied her godmother, ‘Just make sure you avoid water with cholera in it”
“Why’s there no running water?” Greta asked, becoming a little peevish.
“Well,” said her godmother, who happened to teach engineering at MIT, “Where do we begin?” There followed a long monologue about how sink valves need elastomer seats and how copper pipes contain copper, which has to be mined and how it’s impossible to make all-electric earth-moving equipment with no gear lubrication or tires and how ore has to be smelted to a make metal, and that’s tough to do with only electricity as a source of heat, and even if you use only electricity, the wires need insulation, which is petroleum-based, and though most of Sweden’s energy is produced in an environmentally friendly way because of hydro and nuclear, if you do a mass and energy balance around the whole system, you still need lots of petroleum products like lubricants and nylon and rubber for tires and asphalt for filling potholes and wax and iPhone plastic and elastic to hold your underwear up while operating a copper smelting furnace and . . .
“What’s for breakfast?” interjected Greta, whose head was hurting.
“Fresh, range-fed chicken eggs,” replied her godmother. “Raw.”
“How so, raw?” inquired Greta.
“Well, . . .” And once again, Greta was told about the need for petroleum products like transformer oil and scores of petroleum products essential for producing metals for frying pans and in the end was educated about how you can’t have a petroleum-free world and then cook eggs. Unless you rip your front fence up and start a fire and carefully cook your egg in an orange peel like you do in Boy Scouts. Not that you can find oranges in Sweden anymore.
“But I want poached eggs like my Aunt Tilda makes,” lamented Greta.
“Tilda died this morning,” the godmother explained. “Bacterial pneumonia.”
“What?!” interjected Greta. “No one dies of bacterial pneumonia! We have penicillin.”
“Not anymore,” explained godmother “The production of penicillin requires chemical extraction using isobutyl acetate, which, if you know your organic chemistry, is petroleum-based. Lots of people are dying, which is problematic because there’s not any easy way of disposing of the bodies since backhoes need hydraulic oil and crematoriums can’t really burn many bodies using as fuel Swedish fences and furniture, which are rapidly disappearing – being used on the black market for roasting eggs and staying warm.”
This represents only a fraction of Greta’s day, a day without microphones to exclaim into and a day without much food, and a day without carbon-fibre boats to sail in, but a day that will save the planet.
Tune in tomorrow when Greta needs a root canal and learns how Novocain is synthesized.

Spinning Turbines, or Not!

Tony Heller Feb 17, 2021

The wind turbines have shut down in Texas, and now green energy scamsters are spinning the truth to place the blame on somebody else. YouTube shut me down for two weeks and has made it clear to me that they intend to silence me. Please subscribe to​​ or

Klaus Schwab Advocates Perpetual Lockdowns?

Armstrong Economics Blog/Conspiracy Re-Posted Mar 2, 2021 by Martin Armstrong

Klaus Schwab thinks imprisoning people is a good thing. We really have to purge EVERYONE from a political office that pays any homage whatsoever to Schwab and his World Economic Forum. In addition, any CEO of any public corporation that is in league with Schwab and his World Economic Forum is committing fraud upon their shareholders. They have a FIDUCIARY duty to the shareholders — not stakeholders. That is the law. If I go public and raised $10 billion, and then say I will hand $2 billion to my personal favorite charity from company money, I think that would be a fraud! The Securities & Exchange Commission is NOT doing its job, for they look the other way on CEOs supporting Schwab and bankers.

How to Think about Climate Change

William Happer speaks at Hillsdale College’s National Leadership Seminar on February 19, 2021, in Phoenix, Arizona.

How to Think About Climate Change | William Happer William Happer Professor of Physics Emeritus, Princeton University. has published many papers on the subject of the physics of green house gases in the earth’s atmosphere. In my option he is one of the world’s most knowledgeable scientists is the world on this subject.

Tony Heller Explains what Happened in Texas in February comes directly from Miss-Information on Climate Propagated by Bill Gates

Tony Heller99.3K subscribersSUBSCRIBEThe core problem is that we have a few very rich people controlling the flow of information, which is leading to very bad policy. YouTube shut me down for two weeks and has made it clear to me that they intend to silence me. Please subscribe to​​ or

Climate Change & the Dollar

Armstrong Economics Blog/USD $ Re-Posted Mar 1, 2021 by Martin Armstrong

COMMENT: Marty, at first I was not sure why you were focusing on the climate change issue. I now understand that climate is the main driving force behind this Great Reset which is out to undermine capitalism. Looking at the dollar through a global view I can see that cash is not trash.

Thank you for broadening my perspective.


ANSWER: Yes, perhaps my biggest mistake is I see things globally but do not always fully express them in a simple manner. Despite the increase in the money supply, the demand for dollars is escalating dramatically around the world. The Fed has been increasing the paper money supply for the demand is rising exponentially. Of course, those who keep preaching the collapse of the dollar because of the increase in the money supply,  fail to ever look beyond the shore of the United States. Even Canada has one of the highest debts among sovereign nations.

The problem is that other nations, including Canada, have the authority to simply cancel their currency. The US paper money is the only one still valid from 1861. Consequently, for hoarding purposes, the dollar is still the #1 choice for it is the safe place to keep the cash. Also, the USA is not part of the reporting practices. So foreigners can open accounts in the USA and they are not reported back to their own country. As a result, the demand for dollars is rising and it is simply the prettiest of the three ugly sisters as they say.

Trudeau Moves to Install Guaranteed Basic Income in Canada

Armstrong Economics Blog/Canada Re-Posted Mar 1, 2021 by Martin Armstrong

It is very interesting how Trudeau has called anyone who uses the term “Great Reset” is a conspiracy theorist, and he intends to just focus on helping Canadians. Those who are engaged in this Great Reset know they have the media on their side to push this Agenda 2030 forward without anyone ever having the right to vote on changing the world economy.

Nobody ever asks how if a 16-year-old get to Canada to appear in elections in Alberta or meet with Trudeau. Who paid all the expenses? To get there, the fuel consumed created CO2, and we now have these world leaders desperately trying to shut down international travel, hospitality, and the freedom to move, assemble, and speak.

I find the misinformation is coming from mainstream media and those engaged in this Great Reset. Here is the Bill introduced last week in Canada to create Basic Income which is the way to replace pensions if the government decides to default on all its debt and to provide income to people it is deliberately trying to terminate their livelihood to save the environment.

Trudeau calls it a conspiracy theory to simply say what he is really up to. These people fail to understand that CO2 is not the cause of cycles in climate. They are hurling human society toward a mass extinction by denying the population heat and food production.

We are considered the stupid Great Unwashed and as such we have no right to vote on our own future. To these people, we are simply the worker ants in their farm incapable of understanding the greater good. We have been reduced to economic slaves and people like Trudeau will put this international agenda from the World Economic Forum, and we are to just obey – democracy no longer exists.

Czechoslovakia Returning to Communism?

Armstrong Economics Blog/Socialist Re-Posted Mar 1, 2021 by Martin Armstrong

From Monday almost 30,000 police and 5,000 soldiers will be policing Czech Republic “covid” lockdown which is total home imprisonment and respirator (N95 mask) mandates. Of course, there was the Velvet Revolution which took place Nov 17, 1989 – Dec 29, 1989 as communism collapsed. The Czechoslovak Socialist Republic was the name of Czechoslovakia from 1948 to April 23, 1990, when the country was under Communist rule. It was simply a satellite state of the Soviet Union. The Communists were the big winners in the 1946 elections, taking a total of 114 seats. Hence, with a strong Communist position, the Soviet Union did not have to install its own puppets.

The Prague Spring, as it is know, was a period of political liberalization in Czechoslovakia whereby it was recognized that the economy was stagnating under Communism. This liberalization began on January 5, 1968, when reformist Alexander Dubček was elected First Secretary of the Communist Party. The liberalization continued until the Soviet Union and other members of the Warsaw Pact invaded the country to halt the reforms on August 20-21 August.

The Prague Spring reforms included a grant of additional rights to the citizens in an attempt to decentralization of the economy and democratization. Dubček granted freedoms which loosened of restrictions on the media, speech and travel. There was even the discussion of dividing the country into a federation of three republics, Bohemia, Moravia–Silesia and Slovakia. Dubček wanted to split the country into the Czech Republic and Slovak Republic. The Warsaw Pact invasion of Czechoslovakia was clearly an act of deperation to maintain Communism. The fear was that allowing this reform and its success would bring down the entire Soviet Union.

Therefore, the previous cucle had begun in mid 1916. This second wave which began in 1968, came to an end ironically precisely March 24th, 2020 one day after the COVID crasg low. Once more, we see the Czech government moving to restore effectively complete authoritarian rule under the pretense of this COVID virus. The next peak in the first 8.6 year wave will align with 2024. The following was reported by a reader living there.

This is to enforce the new total lockdown rules: no social contacts permitted with anyone who doesn’t live with you (not even with close family who don’t live in your household), no movement outside your district permitted (unless for essential work that must be documented), ban on leaving home between 21:00 and 05:00, all schools, kindegardens etc closed, all shops – except supermarkets and drugstores – and services closed (incl. car repair and home repair services), respirators mandatory everywhere at all time (but in open air where there is not a high concentration of people “only” surgical masks are mandatory).

And, everyone who was in any contact (even brief) with a positively tested person must quarantine for 14 to 21 days (21 days if they live with the “positive” person) AND get a mandatory test after this period (without a negative test they can’t leave quarantine ever).

And, same in Slovakia. Mandatory respirators/N95 everywhere, total ban on leaving home between 20:00 and 05:00, and the rest of the time you can only go out with a negative test certificate (same as before, since October pretty much). All commerce and services remain closed (since early October many of them, and since early December all the rest, except supermarkets and drugstores – but supermarkets are only allowed to sell basic food products and nothing else).

Now they’re also saying they’ll close all factories and industry next.

Snowden on Did we Agree to All of This?

Armstrong Economics Blog/Tyranny Re-Posted Feb 28, 2021 by Martin Armstrong

Dependence of Earth’s Thermal Radiation on Five Most Abundant Greenhouse Gases

Excellent Physics Written by W. A. van Wijngaarden and W. Happer Published on June 8, 2020

The atmospheric temperatures and concentrations of Earth’s ve most important, greenhouse gases, H2O, CO2, O3, N2O and CH4 control the cloud-free, thermal radiative flux from the Earth to outer space. Over 1/3 million lines having strengths as low as 10􀀀27 cm of the HITRAN database were used to evaluate the dependence of the forcing on the gas concentrations. For a hypothetical, optically thin atmosphere, where there is negligible saturation of the absorption bands, or interference of one type of greenhouse gas with others, the per-molecule forcings are of order 10􀀀22 W for H2O, CO2, O3, N2O and CH4. For current atmospheric concentrations, the per-molecule forcings of the abundant greenhouse gases H2O and CO2 are suppressed by four orders of magnitude. The forcings of the less abundant greenhouse gases, O3, N2O and CH4, are also suppressed, but much less so. For current concentrations, the per-molecule forcings are two to three orders of magnitude greater for O3, N2O and CH4, than those of H2O or CO2. Doubling the current concentrations of CO2, N2O or CH4 increases the forcings by a few per cent. These forcing results are close to previously published values even though the calculations did not utilize either a CO2 or H2O continuum. The change in surface temperature due to CO2 doubling is estimated taking into account radiative-convective equilibrium of the atmosphere as well as water feedback for the cases of xed absolute and relative humidities as well as the eect of using a pseudoadiabatic lapse rate to model the troposphere temperature. Satellite spectral measurements at various latitudes are in excellent quantitative agreement with modelled intensities.

A sample from Page 6 in the paper

A sample from page 35 in the Paper

Click on the Download box below to get the full 37 page paper it is worth reading if you are a serious researcher on climate physics.