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Electric Cars or Else – Says Brussels by 2020 | Armstrong Economics

Posted on by johnbarleycorn12

From 2020, European carmakers MUST comply with stricter EU regulations. On average, only 95 grams of CO2 emissions per kilometer drove are permitted per car produced. If the output is higher than that, there will be drastic fines due. The leader seems to be BMW. I bought an I8 myself which is a hybrid so it has also a gas engine in the rear but electric in the front. You really can’t beat electric for speed off the line. It will really pin you back in the seat. I must say, being a sports car advocate, it is one of the best cars I have ever owned and a love it. (I do not own BMW stock). Nevertheless, German companies are finding these requirements are unreasonable to meet 95 grams of CO2 emissions. That means the consumption of fuel must be around four liters per 100 kilometers. That is a very major objective imposed by this theory of Global Warming. The market for electric cars is really confined to Europe for regulation purposes, but the number one market is China where electricity prices are the lowest. There are no combustion cars that comply with the European standard. German carmakers to produce sedans, but they cannot avoid building cars that consume more than four liters of fuel on average and therefore they cannot meet these higher CO2 emissions standards of 95 grams per kilometer. Clearly, European car manufacturers have no choice but to produce electric cars. The fine per car that does not meet the standard will be around 13,o00 to 11,000 euros. Every German car maker will face hundreds of millions of euros in fines. The problem that the government has completely FAILED to take into consideration is the availability of electricity to fuel cars. Many are starting to look at the problem that even assuming cars can be plugged in, the demand for electricity may exceed the capacity to produce it. The installation of an electric power station at every parking lot will be expensive, to begin with. However, if every car is plugged into the power grid, then the concern becomes will we simply shift the CO2 emissions from cars to power plants? The only way to avoid that is to create more nuclear power plants, and then we have many environmentalists objecting to that solution. Of course, the world can go back to bicycles. Amsterdam has so many people commuting on bikes, it is astonishing. There are parking garages at the train station where people leave their bikes overnight and commute home by train. Here is a picture of a parking lot for bikes in Amsterdam. You will never see this anywhere else. Of course, back in the 1980s to early 1990s, there were still more bikes on the road in Beijing than there were cars. That has now changed dramatically as well. Bikes are certainly a solution, but it has its limitations for age and disabilities. Then there is weather as well, which conspires against the commuter using bikes.
— Read on www.armstrongeconomics.com/world-news/technology-world-news/electric-cars-of-else-says-brussels-by-2020/

China to Support Syria Along with Russia Against USA | Armstrong Economics

Posted on by johnbarleycorn12

COMMENT: Mr. Armstrong; You said that China would eventually send troops to the Middle East and join with Russia in Syria. China just openly told that to the newspapers. Your contacts behind the curtail are quite amazing. BH REPLY: Qi Qianjin was appointed the ambassador to Syria back in 2016. You are correct, on August 1st, 2018, the Chinese ambassador to Damascus, Qi Qianjin, told pro-government Syrian newspaper Al Watan that the Chinese military was ready to join Idlib in the upcoming military operation. This has been widely reported in the Middle East. China has NEVER been engaged in war sending its troops outside of its claimed territory. It is important to understand that China has always been invaded and hence that was the very reason behind constructing the Chinese Wall – to keep other out. Qianjin confirmed that China was entering a positive military cooperation with Syria in the region under counter-terrorism. It is Syria who is fighting against the ISIS terrorists. The witch-hunt against Russia by those in Congress has been setting the stage for world war led by the Democrats. This really has to stop and the mid-term elections will see the Democrats out to take the Congress at all costs and they have become the part of anti-Russia. Socialists always want to conquer the world and force others to comply with their demands. It may have been Khrushchev who boasted that Communism would defeat Capitalism when he said “We will bury you”, but today this is rapidly becoming the slogan of the Democrats for the upcoming Mid-Term Elections. It is simply the nature of socialism to suppress others. That is its central proposition. China is by no means a socialist state any longer. The United States military and intelligence establishment refuse to surrender their philosophies of us v them. War has changed. There is no longer a thirst to conquer the world and occupy it. Both Russia and China abandoned Marxism. We are left fighting that philosophy in the West both in the United States and in Europe. It is the battle cry of the Democrats and it will be the main focus come November. You will think the USA is Marxist. There is no need for war today. But without demonizing Russia and China, then the military establishment is no longer needed. Why is NATO necessary if Russia no longer desires to bury capitalism? Most people refuse to acknowledge that Ukraine was the origin of Russia. Kiev was the capital of the Rus. They were conquered and destroyed by the Mongols. All that stands in Kiev is the Golden Gate of the original capital of the Rus (Russia). After the decline of the Mongols, then the Rus reestablished their capital at Moscow. The Eastern half of Ukraine speaks Russian, not Ukrainian as is the case in Crimea. To solve the crisis, Russia should allow an election that is run by the UN and you will see that Russian speaking people will prefer to be part of Russia, not Ukraine. Stalin killed millions of Ukrainians and there will always be that resentment. Part of the revolution was driven by the fact that Yanukovich was really Russian and could not speak proper Ukrainian. That was at the center of the people rising up to overthrow him – not the CIA who then came in to manipulate who would follow him, but not to begin the revolution. It is the military and intelligence establishment that want war. It is the very reason for their existence. They have succeeded in confronting China and they keep waking up at night because of their dream of glory. It should not be surprising that China is entering the Middle East.
— Read on www.armstrongeconomics.com/international-news/middle_east/china-to-support-syria-along-with-russia-against-usa/