by Martin Armstrong, Armstrong Economics:
Dr. John Clauser, the co-winner of the 2022 Nobel Physics prize has come out and said the whole nonsense of Climate Change caused exclusively by CO2 is an absolute HOAX. Anyone who has ever studied physics cannot possibly conclude otherwise. There is absolutely NOTHING that can ever be reduced to a single cause and effect in anything. It is always a complex dynamic.
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Here is Bill Gates who I would not trust to walk my dog admitting that blaming CO2 is not without dispute. There is just nothing, even in market movements, that can be reduced to a single cause and effect – PERIOD! Perhaps he should have paid attention in physics class, assuming he took it.
One of our clients was one of the top 5 Australian mining companies. Their CFO lost more than $50 million in the currency. They ordered him to meet with me. He knew my track record and said perhaps it was just a coincidence. Finally, I asked him what his background was. He hesitated and said physics. I said GREAT! Now look at the market through the Second Law of Thermodynamics. His jaw dropped and said – OMG, there has to be a cycle. I said you got it.
Heat always moves from hotter objects to colder objects (or “downhill”), unless energy in some form is supplied to reverse the direction of heat flow.
The second law of thermodynamics establishes the concept of entropy as a physical property of a thermodynamic system.
Human activity cannot possibly create a one-way street that is the typical linear analysis that if the temperature rises by 1 degree per year, then in 50 years we will be all dead. That is like saying since the stock market rose 1,000 points this year, it continue to do so for the next 50 years. It is just an absurdity and thereby it is a HOAX for nobody in their right mind would ever make such an honest forecast of this nature. According to all this nonsense, we should have been dead by now.
Greta Thunberg deleted a 2018 tweet about the urgency of addressing climate change. Her tweet included a quote from an article that said an influential scientist warned climate change “will wipe out all humanity” unless fossil fuel use was ended “over the next five years.” Some have said that Great misquoted him since he claimed he never made such comments. Anyway, we are still alive – thank you linear analysis.
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