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Martin Armstrong teases "How America Will Collapse in the Blink of an Eye"
America's phavorite political prisoner is back again, From the Hole. Teasing but a glimpse into his
upcoming book, Martin Armstrong presents three handwritten pages so
torrid that they burn America in effigy. We're talking premo 'Philos
Gone Wild' material here.
Between telling the US to Guy Fawkes itself 8.6 different ways,
Armstrong presents an adamantium-proof case for the end of Pax Americana
and the ascension of China. In the interim, trading thumbs up are
given to ~ China, Australia, gold, the Continuous Commodity Index (CCI,
$CIY), gold stocks & mining in $AUD compared to $US, "a sort of
collective unconscious", the Ten Commandments, and exactly one member of
Congress.
On China's ascension and Yuan appreciation:
" What took 140 years for the emerging market in America to displace
Europe, China will do in 26 years [~] 1989 - 2015, will displace
American Economic power. The Yuan is undervalued since paper currency
is merely a share in the nation just as in a corporation. As the $ rose
in 1929 - 1932, the Yuan will rise during any economic decline.
Investing in China packs capital gains + eventually currency
appreciation. [T]he Yuan would rise during sovereign defaults as [a]
currency hedge. Welcome to the Decline & Fall of America where
stocks, interest rates & gold can rise together. "
Sovereign debt:
" Don't forget, the next meltdown is DEBT, which runs at least 10:1.
So it will be sovereign debt that will be the next financial meltdown. "
Aussie Dollar, ASX, China again and gold:
" Australia looks poised to benefit from the shift in power from US
to China. As China rises, Australia is closer to the flame & it has
natural resources & gold. Gold stocks & mining look good in A$
compared to US$. "
America:
" I loved my country. But has it has abandoned
everything. "
" We must realize that the majority in power know not what they are
doing. Nor do they have any intent of acting before a crisis to prevent
it. That is the nature of the beast. I will soon be finished with a
book I have been writing from the hole as I am forced to sleep on the
floor - "How America will Collapse in the Blink of an Eye", which is
illustrating not merely the collapse of Rome, but how you woke up one
day and China as well as Russia collapsed overnight. I am showing the
mechanism & how to survive it. "
" the letter I received from one of the good guys on Capital hill
said it as it is. 'Realistically the chances of you getting a broader
audience for your views here in congress PRIOR to the next severe
economic dislocation are very slim.'"
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As far as I'm concerned China will prevail simply because it does not use the fractional reserve lending system and the government owns the central bank and banking system. This is something that the US government gave up in 1913 with the Federal Reserve Act. Every dollar created in the US is printed out of thin air and then purchased by the US government in the form of debt. The Renmimbi is created by the government of China debt free and is backed by the productivity of it's citizens.
If we could just abolish the Fed and have the government control the money supply, instead of the banks through their ownership of the Federal Reserve, The US wouldn't necessarily face this bleak future.
But alas, look who in charge, Geithner, Ruben, Barnanke and Summers, looks like the bankers will rule the day and ensure a future of despair.
Martin Armstrong's plight is quite disturbing .. especially the revelation that NY courts alter transcripts.
He seems to have flipped from an asset crash to a purchasing power crash.
By the way his 8.6 per the fungibility of Kaballic/sacred geometry is .86 or 6/7.
The six day trading week is a plank of thedanielcode.com, a trading theory based on fractals that this humble fella will be setting up a separate desk for by the end of the year.
so your views are they distributed world wide .
and you have been offered how much loot for insight lol
'you have been offered how much loot'
Not a penny buttercup!
Best to you!
what Armstrong fails to understand lol
the remarkable opinion of those setting in chairs of convenience .
and the folks that spout their unknowing.
All nations of the earth sought this mans understanding . before his blowing of the powers .
and the portal of most opinion from the darkened room of little minds .
give the man his due . read his remarkable achievements . his perseverance in the face of the absence of justice .
setting at the table of a luxurious meal . many drop crumbs on their own behavior blowing them selves up with the hubris of a lap top .
Uh, you are e e cummings vs Shakespeare.
+1
I don't care if you think Martin is guilty or not he hasn't recieved due process thus an unfair trial. There are far too many citizens unjustly incarcerated. Once you are in the system its very difficult to get out even when you are released you are still subjected to sub citizen treatment. The Judges blatantly ignore our constitutional rights and rule as they see fit in many cases. The tax crimes have to be near to the top of this list. Check out Micheal Minns who has embarrassed and exposed the illegal and corrupt practices of the IRS and judges on several occasions . He has won clean sweeps against the IRS in many occasions, no small feat.
As a Yale law professor taught me, Kings rule, judges decide. She refused to articulate a judicial opinion as a "ruling" for the reason that it caves to the kingdom. But you're right, judges now rule.
China is not taking over.
What everybody like Armstrong fails to understand is that this is not a normal business cycle. We are not in the same world as we used to be, where energy supply can be grown going forward. We are now in a contractionary climate.
America will not "fall" and then China just takes up the reigns and expands and grows and modernizes to a newer, moderner, 21st century version of what we were in the 20th. There simply IS NOT the oil supply to support that.
Not even fucking close. Take a look at the Wiki page of oil consumption per capita and how it DIRECTLY lines up with the wealthy nations who consume the most versus the poor nations who consume the least.
Take a look at how much per capita consumption Americans or W. Europeans use and then apply that amount to the population of China and India. You will rapidly see that oil production would need to triple from here. That simply is laughably impossible.
There is no rosy future for China to be the next, bigger version of America.
This is the problem with economics as a pseudoscience - it pays NO attention to the resource constraints in the real world. It ASSUMES that higher prices always lead to more production; that is an AXIOM of economics. In fact, this was the biggest obstacle to understanding of Peak that an otherwise intelligent economist friend of mine had. It seemed outside the realm of the possible that higher prices or demand would *not* in some way lead to more supply.
The oil peak does not care what men think. It is the physical world of FINITE headroom and capacity and rates of doing things imposing itself upon us.
Agreed.
http://therookiecynic.wordpress.com/2010/10/12/your-lethal-education-par...
Bravo trav7777... We can debate financial reform, treasury auctions, gold standards yada yada yada on ZH until the cows come home but it is a global energy crisis (net energy crisis) that we are now experiencing and it is unlike anything mankind has experienced before or will ever experience again... If uncle Ben could produce $30 oil there would be no financial crisis... Falling net energy production rates have thrown the economic rule book out the window... There has not and never will be such a thing as a fiat currency and gold/silver is no dexception, they are only accounting tools for the days of the horse and buggy. Money was always a representation of an individuals claim on surplus energy available within an economy and always will be. Money represents energy man can neither identify or quantify without a monetary unit of account to represent it and when a nations energy consumption falls, so does its monetary units energy claim. I.e. Purchasing power. Anyone who believes falling oil demand (peak demand?) in non OPEC nations is a good thing is a fool... 20 years from now the majority of the worlds labor force will once again be directly employed in agriculture. Until then, prepare for hard times ahead... If you want a tip, invest in polythene and polycarbonate sheeting manufacturers because there will be a greenhouse in every second backyard. Electric cars and a continuation of the status quo is a pipe dream, time to pull papa's schwinn out from the attic and if your really brave, you'll buy a small acreage rural property at todays rock bottom prices. Just make sure you buy property in a climate with mild winters and most importantly, water security!!! Suburbia + $4 gas = ghetto slums...
Trav7777, you are what was once referred to as a "thinker" or "thinking person."
Admittedly few and far between today, and you are on target for reflecting and considering as many variables as possible.
Bravo and well done, Good Citizen!
as Gunther goes hat in hand to plead for mercy at the feet of the china powerhouse .. a coalition of the willing.... one
who is the creditor ,, who the debtor ..
Its interesting that he points out how the dollar
rose while the US slid into depression(1929-32)
This was also a period of political unrest. The US
was probably the most law abiding country in the
world at the time, so we held together. Germany,
Japan and Italy didn't fare so well
I doubt that China will pass through crisis unscathed
I expect the disintegration of the Party in China.
Civil war would quickly take the bloom off the Rose.
come on everybody. think about it. the chinese are ruthless communists. the world will not feel it is ever a safe haven. its economic growth is unsustainable with a growing wealth population. it military leadership while rising, is far from matching the power of ours. the yuan is never going to be the solution. the dollar will continue to rise simply because we have the best options out there. While declining in stature, the U.S. is still where immigrants want to come. ask the chinese if they want to come here? they cant!!!! the government wont let them!!! ask GS/MS if they want to trade CDS with them. The answer is NO. they will not honor their commitments. Look at what Google has done. They have massive problems well hidden by the government. Instead, look for a basket of currencies to be introduced by the imf which will lower the value of our buying power and infuse inflation. This is the master plan. if this is done, all those nasty toxic assets, houses, commercial properties will be such a good value to foreign investors as well as making factories here, that jobs will be created and a more balanced trade system developed. The Yuan, cut me a break. communist ruthless country will never be a safe have.
Quite to the contrary, China's economic system is far more Capitalistic than the economic fascism currently being practiced here in the US. The Oligarchs in the US are protected at the expense of the people. In China, despite the common wisdom, (including Corporate media's propaganda) and in spite of rampant corruption, and a huge population, manages much better than us in the protection of the interests of it's people.
Are you writing from Capitol Hill?
Look - there is a not a whole lot any of us can do to help Martin Armstrong. Our judicial system, DOJ, etc. are extremely political. It is amazing that he has been able to get paper to write. Simply amazing. I remain confused that most believe the fall/crash is "coming". I sincerely believe it is here and we are smack dab in the middle of it. Will any govt. do anything to save it? Nope. Corp./Investment Institutions (don't really think we have a lot of what is truly a "bank" anymore - they are something else) don't want to save anything - just want to go back to the "way things were" - and at this point, that is impossible. Is it going to be bad? It is bad right now. Is it going to get worse or better? Who knows from one moment to the next. I am confident of one thing that I learned from living in devasted hurricane areas where there is and was and never will be what we call govt. assistance - people come together and figure it out. We always do. When we do not, we die. Food for thought - during my months of hurricane nastiness living - money did not matter. No one even wanted it. Anyone that actually had it realized it was worthless because there was nothing really to "buy". We traded like villagers and people were actually fair because we had to be - forced decency. Everyone wanted: food, water, shelter, energy sources (whatever we could figure out). I was darn lucky I lived in poor neighborhood of Cuban immigrants - they all thought is was "funny" to depend on the govt. They just did it all themselves (cleaned the streets, checked on the neighbors, made sure eveyone ate something, gathered and re-distributed water and other supplies.....) and after a day or two of chaos, things came together organically and it was actually fun for a time because the only thing you had to do everyday was figure out how to eat/drink/survive. It was no Utopia but I learned that a lot of humans are basically decent even if you can't speak their language. "Yabs" is correct - "Where we go one, We go all."
I think we have to separate Martin Armstrong the prisoner from Martin Armstrong the prophet. As a prophet, he has made any number of astonishing predictions, based on his pi cycles theories and other arcana. I do not pretend to understand the deeper mechanics of his method, but its validity is easily determined: time will tell.
As a prisoner, Armstrong's status is more problematic. I think it is entirely possible that certain political powers wanted to see him punished for his views and for his unwillingness to "play ball," and they used the law to that end. I am not an attorney, but at a minimum, the length of his sentence for contempt of court raises questions of fairness, as do the games the authorities played with habeas corpus. Please, let's not just dismiss him as "a fraudster who tries to win sympathy by labeling himself a 'political prisoner'." That is too simplistic; Martin Armstrong deserves better, and so do we.
Chopshop I appreciate you bringing Martin Armstrong to the table, even though by the posts, some people fail to understand him, his plight, our brilliant judicial system and its tragic corruption, the depth and expanse of his thinking, his tremendous fund of knowledge, but offer instead their specious views, and overly simplistic vacuous opinions.
The Chinese miracle and the Russian miracle are similar. Since the wall fell, Wall Street has been projecting the capitalist conversion of the former Communist nation. China is different only in degree, the Russians have capable science and technology programs, the Chinese basically reverse engineer existing technology. There is very little cultural innovation in China either, their music, theatre, film, literature, (think can you name a few Chinese artists?). China's most serious handicap is its' people, which are incapable of overturning their leadership, but then America could have stepped back after Tieneman square, but the American technology giants stepped in, and helped the secret police supress dissent and the word Democracy never shows up in their internet seaches. If you should be afraid of anything in this country, it should be Google and Microsoft, which betray the principles of our Constitution, when they are abroad, and sometimes when they are asked by the Washington leadership to help out with Homeland Security. China is not 1930s America, it is not post war Japan (pre war Japan maybe) The myth of the Chinese miracle is perpetrated by people who don't understand metaphors very well, a problem due to the abandonment of the Liberal Arts education in this country.
the currency problem only exists as long as countries trade with one another. the destruction of the mulitnational corporation should relieve pressure on the various fiat currencies. but as long as Washington insists on the corporate model of business and government, global trade remains a factor, and paper money is doomed, without paper money you are living in the dark cave with your precious gold nuggets.
anyway i think MA is smart, but not smart enough to stay out of jail, and he is trying to balance his presentation with biblical references. when the all in one market (bob prechter) goes down, you can bet Goldman will be all in, and they will ride americas pension managers into oblivion like a rented mule. you really want to be with them, not against them. they're going to be hedged, you're going to jumping out of the plane without a parachute, because there is no bottom to the this next bottom, the bottomless bottom, Benrnake has destroyed the savings that investors would use to buy up stocks on the cheap.
the most important thing is, for this financial armegeddon to happen, nothing has to change, we just need to keep going the way we were going, the retracement rally in stocks is a perfect twin of the 2007 rally. congratulations Bernanke and Obama you have restored the status quo, corrupt overleveraged, greedy, imperialist, status quo, and now the time bomb is ticking, and it will hunt you down like a dog. its sad to see America collapse because they were too timid to change, or the agents of change were bought off. still there is time, which works on the side of the right minded. good luck and hope to all of them.
and the american construction is really good of course!
I like some of what Armstrong has to say but all this talk of China is just garbage IMHO. Its a bubble built on a huge bubble ie the US consumer. It will burst, no question about it. The whole world goes down together
Thanks for posting Martins latest! Great stuff! Also check out my latest video! http://www.youtube.com/user/bigdad06?feature=mhw5
Well thats great except for the most part their construction quality is garbage. Unskilled labor paid next to nothing. You get what you pay for. Buildings with limited economic life. Perhaps extended only by the fact they are vacant. Nice work fellas.
+100
http://blogs.wsj.com/chinarealtime/2009/06/29/shanghai-building-collapses-nearly-intact/tab/article/
China's economic "miracle" is based on leverage, of human capital. Amazing things can happen when 10:1 leverage is applied at the right time in the right circumstances. Now what will the architects of this great leap forward do when circumstances require unwinding the leverage? My guess is a good, old-fasioned war.
[duplicate post]
Right or wrong, Martin Armstrong is brilliant.
My concern regards his assertion that capital is fleeing government debt, because people now understand all governments will default in the near future (and now realize no government ever intends to repay its debt). Thus, the melt-up can really continue in a linear fashion to DOW 36,000 without much (or any) pull-back on the way. Stocks may be over-bought, and not worth their current price, but capital movements away from sovereign debt is begging for a home.
Simultaneous rising interest rates, rising stock market, and rising gold. This is quite disturbing.
Unprecedented.
Thus the anti China campaign desired effect to scare money back to the U.S.. Yuan appreciation will further the effort.
Sounds like the residential US real estate market circa 2004.
Scared money looking for any kind of return frontrunning a crumbling economy.
Rusty, loved the video of the banksters swimming, soon we will see them flying (off of buildings).
http://www.youtube.com/watch?v=yge311sFhC8&playnext_from=TL&videos=AHqws...
I'm European, but the reason why I know America will NEVER go down is because they are able to build some KICK ASS weapons! Neither to big to tall, they'll be able to blow it up till there is nothing left but dust.
What I mean is: Do you really think America will let itself become a 3th world country?
HELL NO!!
Even if it takes them to blow up every F***** chinese on this globe!
It's spelled "LAND OF THE FREE" not "GLOBE OF THE FREE"!
America is already a third world country.
The infrastructure is soooo behind the times and crumbling....same with the education....same with the militantly uninformed public.
It's now spelled: "LAND OF THE FEE" as everything has been turned into a fee-based something or other, and "HOME OF THE KNAVE"
+10
Ah you do know that we give/sell these weapons systems to Israel right. Well came out that Israel then resells the tech. China has most of our good weapons tech, maybe not bleeding edge but good enough. Their anti-ship missile would crush our fleets if we tried to stage on them, this is admitted. They have us dominated in manpower and manufacturing capability and have our weapons tech. We can't nuke them because they to have ICMBs, and in a stand up knock down drag out fight they would beat the pants off us. After all they can gleefully replace their losses on an epic scale, have to deal with the excess male pop somehow. If we struck now maybe we could take them by surprise, in 10 years it would be totally impossible to stage in their theater of operations unless they let us. The times they are changing, one empire is dieing and another may replace it. Learn Mandarin.
And Spanish. Latino cartels will rule in many locales once the threat of US Federales is gone. They already do on the other side of the fence. The drugs will always flow if there is someone willing to buy.
I was briefly speaking with a drunk latino the other night, about whatever, and I brought up the cartels and their "reign" - he abruptly cut off the convo saying he thought I was policia. I am a tall, clean cut, white dude speaking Spanish so it is an unusual topic. Latino news, here in the US, heavily covers the underbelly that most Americans never see because MSM doesn't report reality anymore.
Did your weed get someone's head chopped off or family member dipped in acid? Legalize it, bitches.
dupe
"They won't legalize cuz they say it make us rebel. Against what?" -Marley
Wealthy Mexicans have owned homes in the US for years and send their kids to schools up here mainly because they fear kidnappers. That has been the case for many many years.
Now they are leaving Mexico and moving here permanently. Things are not going to improve.
Totally agree. We are starting to see them flex hard in southern Texas and parts of AZ. I figure if there is a breakdown of law and order then they will happily try to rush in and carve out their little piece. America is in for one hell of a wild ride.
Here is to hoping they legalize pot in CA. I've never smoked pot, but it's insane we lock people up for it when alcohol is way worse by most any measure.
I vote yes, and release the incarcerated marijauna users.
Other countries build kick ass weapons too...and if you're fighting a defensive war, all you really need to be able to do is either a) threaten an invader with an endless unwinnable ground war or b) threaten an invader with nukes, or c) both.
America's military is powerful because it's big and it's everywhere - this is a result of an enormous defense budget. With economic decline will come military decline, however.
That being said, US will never devolve to Mad Max-style status because after all it's still got plenty of human, natural, and technological resources. It might end up like the some of the former European empires: faded phantoms of former glory, wealthy and comfortable, still able to wield unconstrained power regionally.
On the other hand I don't rule out that some over here might try to foment a war somewhere to try hang on to status. Politicians will do anything hold a vote.
USA is already as turd world cesspool of bailout nation and gimme gimme gimme corrupted welfare state entitlement mentality.
Thanks for your vote of confidence.
The American Sheeple have not woken up yet. There is a huge campaign going on here to keep that from happening. But that campaign only postpones the inevitable. When it finally begins to happen, the sewage that the propaganda machine here pumps out on a daily basis will become entertaining beyond belief for a cynic like myself.
Keep an eye on the activities occuring right now to try to control internet access and content. That is going to backfire and will be one of the "alarm clock" factors.
- meanwhile, the Banksters are enjoying themselves down in the Bahamas,
http://www.youtube.com/watch?v=UZY1W_iEUhc
!!!
ROTFLMAO
+alot
i literally laughed for 10 minutes straight ....
brilliant
+1000000000000000000000000000000000001.2456
this man's plight is quite troubling to me. i see his name in headlines and just get nervous that i am drawn to read his apocalyptic scenario writing, but he is in hole.
hurricane was in a hole just became the buddha sittin in a ten foot cell to get through his persecution.
is martin quilty of something, or is he a political prisoner being held for contempt?
am agnostic on this one. plus
is this true, i would think after reading chindit's world no banks, burma has it all that china would want. a lot closer than australia. i don't agree on the mining stocks push.
Go back and read G_G's brilliant and perceptive response. Things aren't always as they seem.