Nothing Can be Reduced to a Single Cause & Effect be it Markets or Nature | Armstrong Economics

QUESTION: Dear Mr. Armstrong, Thanks for the Socrates forecast. Just a question. What will possibly happen to existing Tropic Belt countries like my region South East Asia when the world is turning into global cooling? Any forecast? Regards, SS ANSWER: I am awaiting their data to run it through and see what comes out. This is what I mean about opinion. How can anyone forecast something without the data? What we do know is also that the Jet Stream moves up and down, so it would make sense that the Tropic Belt would also do the same. The Jet Stream has been dipping as well and creating a very diverse curve pattern. So this produced the COLDEST New Year’s Eve on record last year. This is also why you have people who want to claim it is irrelevant if people die of cold in Wales. They argue that since it is warm where they are in Canada, it must prove that Global Warming is real. They are not the brightest bulb in the box. Then we have the Pacific Jet Stream. These people who always try to reduce any effect to a single cause should be barred from any research EVER!!! If you want to understand how interconnected our planet is then you also need to look at and study El Niño. The interconnectivity is similar to all the world financial markets, which create a level of complexity beyond most human’s ability to rationalize. Both the weather system and the financial system function on an extremely high level of complexity. The patterns and events in one place can affect life on the other side of the planet in both systems. Hence, one person will argue it is Global Warming because they happen to be in a hot spot and others are dying in blizzard conditions. I moved to the Tampa area where hopefully the Jet Stream does not bring ice on my windshield. Nevertheless, it has been unseasonably cold here as well and it has even dipped into the 30s at night as far south as Miami. Then we have the real simple minded people who actually believe we would drown if all the ice melted in the Arctic. They have completely forgotten about EVAPORATION. If the ice melted, that water would mix with the Atlantic and Pacific, causing them to become colder. But then the Arctic would be able to evaporate. This is how Ice Ages take place for a very long time because the water returns as snow and that is how the glaciers build. There have been at least five major ice ages in the Earth’s history (the Huronian, Cryogenian, Andean-Saharan, Karoo Ice Age, and the current Quaternary Ice Age). Aside from these ages, the Earth seems to have been ice-free even in high latitudes. This is a historical fact that the Global Warming people ignore. Based upon the data we have gathered, there appears to be a cycle of 430 million years. This agrees with the 8.6-year frequency. The last Ice Age was the Quaternary glaciation, which was actually a series of glacial events separated by interglacial events. This began 2.58 million years ago, so at least according to our models, we have plenty of spare time left in this cycle. However, the ice caps today that the Global Warming people are screaming about are the remnants of that period. There is a bottom to the Arctic ice cap. The Antarctic ice sheet actually began to form earlier (about 34 million years ago) in the mid-Cenozoic to late Cenozoic Ice Age period. That means there have been periods that existed without ANY ice caps. We cannot blame even Egyptians for climate change since civilization did not exist back in those days. This is my problem with the whole Global Warming nonsense being attributed to humans. I would agree if they could show me evidence that such a condition NEVER existed previously before the Industrial Revolution. To me, this is just a cycle and we should respect that the planet if a far more complex system than these idiots put out. NOTHING can ever be reduced to a single cause and effect.
— Read on www.armstrongeconomics.com/world-news/climate/nothing-can-be-reduced-to-a-single-cause-effect-be-it-markets-or-nature/

The weather,science, and unpredictability. JB

Internal Migration – The Cycle or City States | Armstrong Economics

There is an interesting book entitled The Chinese Exodus. This work explores the sociological and theological discussion going on concerning China’s internal migration since the marketization reform in 1978. While the book documents the social and political processes impacting the experiences of internal migrants from the countryside to the city within China, the attempt is to reconstruct the political, economic, social and spiritual dimensions of this urban underclass in China who made up the economic backbone of the Asian superpower. History repeats BECAUSE human nature never changes. Humans will ALWAYS act in the same manner to the same set of circumstances no matter what culture or century. Yet what is more interesting to me is the pattern. As taxes are low and the economy booms in the city, the youth are attracted to the city and leave their parents in the farms or suburbs and head off to make their fortune in the world. Rome became the largest city in history reaching a population in excess of 1 million by its peak in 180AD. It had crossed that 1 million mark in 133AD during the reign of Hadrian (117-138AD). With the death of Marcus Aurelius in 180AD, the decline and fall began. Gradually the population declined until it fell to just 15,000 during the middle ages. The city of London, England reached the 1 million mark in 1810 during the reign of George III (1760-1820) and New York City finally reached that level in 1875. Our understanding of the economy is incredibly important, yet it is completely ignored by those in power. Nothing is possible without a properly functioning economy for the very existence of civilization depends entirely upon the function of the economy. People come together from the suburbs to form great societies in a trend of urbanization only when it is to the advantage. Historically, when the government loses sight of their purpose and sees itself as the embodiment of sovereignty instead of the people, then it begins to abuse the people with regulation and taxation. Once that takes place, the trend of coming together is reversed. Edward Gibbon wrote in his Decline and Fall of the Roman Empire about the son of Marcus Aurelius and how he set in motion the collapse of Rome. He wrote of Commodus (177-192AD): “distinction 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). When the people begin to flee the cities because of corruption and taxation, the Romans had a word for it “suburbium” meaning the people began fleeing from the cities to what we call today suburbia. The population of Rome itself just collapsed. This is how empires die. The cost of government always rises to oppress the private sector since the public sector becomes addicted to revenue. The people either leave or revolt in their struggle to cope with the persistent unpredictable demands of the government that historically NEVER lives within its means. In the earliest days of the Republic, Rome’s taxes were quite modest, and were not direct, but were a property tax or a wealth tax on all forms of property, including land, houses, slaves, animals, money and personal effects. The basic rate was just 1% and sometimes it would occasionally rise to 3%. This was to fund the pay for the army during the war. The tax would often be rebated to the people out of the spoils of war. It was levied directly upon individuals, which required the government to conduct a census. The flat tax of Augustus (27BC-14AD) created the biggest economic boom in Roman history. Augustus once said, “I found Rome a city of bricks and left it a city of marble.” Indeed, Augustus commissioned several large marble structures, some of which took 40 years to complete. There was evidence that massive marble blocks were constantly being moved through the city, causing congestion in the streets. Marble-paved public spaces began to appear where marble was previously reserved for sacred temples and houses of the elite. The flat tax system really did create the economic boom as people turned to peace and business – Pax Romano. Rome became prosperous because it began with the conquest model whereby it consumed the wealth of the nations it conquered. Once Rome had expanded and there was no longer anything worthwhile to bring home wealth, then the cost of maintaining its borders and security became unsustainable. The pension system it had created which we still use in government to this day where 20 years of service gets you a pension, acted like cancer which devoured the Empire from within. As this weakened its defenses, then the barbarians were able to invade. Consequently, the fiscal mismanagement of Rome and its economic model of conquest failed. This led the government to turn inward against its own people that resulted in not merely the collapse of the Rule of Law, but that opened the door ‘for wider demands for taxation and the confiscation of property under the pretense of some offense. The over taxation of the people caused the suburbanization of Roman culture as they fled the cities. As the government tried to stretch its grasp of taxation, they were, in fact, planting to the seed of its own destruction. Taxation is not a divine right of government. It is to be limited to the voluntary contribution from the people to share the benefits of communal living. Once taxation is seen as a divine right of government this will lead to the diminished rights of the people and then the rise of economic tyranny. Historically, this has been the difference between movable and immovable assets, such as real estate. Collectibles, stocks, and precious metals are in the moveable category. Of course, this is what governments are now attempting to seize. If we look at the fall of Rome, the first asset class to decline was real estate, as you cannot take it with you when you leave town. Thus, the population of Rome collapsed from 1 million to 15,000 by the Middle Ages. People had no choice and just walked away, unable to pay the taxes demanded. Taxes are the great destroyer. You are an economic slave if you simply cannot retire without having to pay taxes. Taxes reduce economic growth and lower productivity for they are no different, economically speaking, from some gangster demanding “protection” money to operate a business. Rome prospered as long as it had a minimal flat tax. The Democrats preach they want to tax the rich, but what they actually do is create higher tax rates with all sorts of deductions they sell to lobbyists for big campaign donations. A flat tax is far more economically more of an incentive and it will be closer to the indirect taxation that the Founding Fathers incorporated into the Constitution until the Marxists alter everything. The cycle is very clear. First, we have the attraction of the city with low taxes and regulation where people come together to create economic booms. Governments will then become greedy with taxes and over-regulation. This will then lead to the downside of the Bell Curve and result in the death of the empire, nation, or city-state. It is always the same pattern no matter what century or culture.
— Read on www.armstrongeconomics.com/armstrongeconomics101/understanding-cycles/internal-migration-the-cycle-or-city-states/

In a nutshell. Excellent history lesson here.

Thomas Gallatin: Venezuela Tries to Shed Socialist Dictator — The Patriot Post

The U.S. officially sides with declared president Guaido in direct opposition to dictator Maduro.
— Read on patriotpost.us/articles/60753-venezuela-tries-to-shed-socialist-dictator

How ironic when we just watched the Socialist Democrats get a strong foothold in our House of Representatives. Are we not able to learn from even the most recent history, or have we lost that ability altogether?🤔😮

Merkel & Macron Signing Treaty to Create a European Army | Armstrong Economics

Merkel and Macron, two politicians who cannot muster even a majority of their people for support, signed a Franco-German friendship treaty which has allowed them to boast that this is the first step to creating a European Army. There is a mad rush behind the curtain to create a European Army, not to protect Europe from Putin, but to protect the government in Brussels from the people they rule. They are very much aware that the best way to secure power is to have a foreign army. In Constantinople during the Byzantine Empire, Emperor Justinian faced the same issue as Macron — a rising discontent. The local lack of support from both the police and military of the Emperor embolden the people to rise up. They went as far as to declare a new emperor, Hypatius. Justinian was about to flee the city for his life when his wife stopped him. She pointed to an army outside the city which was not made up of local Greeks. He ordered the army to enter the city to protect him. They slaughtered what we would call today the Yellow Vests, killing some 30,000 protesters. This lesson of the Nika Revolt (January 13, 532 AD) is perhaps not openly discussed in public circles, but it is WELL KNOWN behind the curtain. This is why they need a European Army for Greeks would have no problem killing Germans when ordered and Germans would have no problem killing Italians when ordered. The key to maintaining order is always to use police/troops that are NEVER local. Hopefully, that political ploy will fail before it can really come into play.
— Read on www.armstrongeconomics.com/international-news/europes-current-economy/merkel-macron-signing-treaty-to-create-a-european-army/

History repeating itself

Margaret Thatcher on the True Duty of Government | Armstrong Economics

I have been asked many times why I was friends with Margaret Thatcher. I’ve also been asked if I have known any other politicians since who I was proud to call a friend. This video explains a lot as to why we were friends. We shared a view that really no longer exists in government be it among the Republicans in the USA or the Conservatives in the UK. I have not met any politicians ever since who truly understands the role of government and its impact upon the people. I suppose I am not suited for this time period. I cannot change the course of events for the whole. All I can do is watch the consequences of our own stupidity. I am proud to have met Maggie. She had a brilliant mind. I named that report “It’s Just Time” after her remark when we were discussing politics. She predicted Tony Blair would win in Britain long before he even appeared. When I asked her why, she replied, “It’s just time,” and that the Conservatives had been in power too long. Maggie addressed our 1996 World Economic Conference. For a head of state to come to our WEC and publicly address the audience was an endorsement of the fact that Maggie herself understood cycles existed.
— Read on www.armstrongeconomics.com/armstrongeconomics101/understanding-cycles/margaret-thatcher-on-the-true-duty-of-government/

Truer words were never spoken on this topic.

What Happened to the Ghost Ship Mary Celeste?

What do you imagine when you think of a ghost ship? Is it a ship for ghosts, or a ship that is a ghost? Whatever your answer, there’s a real, non-paranormal definition: they’re any ship that’s found drifting without a crew. Paranormal or not, some of them have some downright creepy backstories. The worst ones are those that don’t have an explanation at all. Meet the Mary Celeste.

— Read on curiosity.com/topics/what-happened-to-the-ghost-ship-mary-celeste-curiosity