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Martin Armstrong Warns This Is The Age Of Civil Unrest

Tyler Durden's picture




 

Submitted by Martin Armstrong via ArmstrongEconomics,

All governments had better open their eyes for we are on the brink of a major convergence between both the Cycle of Civil Unrest, Civil War & Revolution and International War. Both of these models converge and as I pointed out at the Cycles of War Conference, this is the first time we have seen this convergence since the 1700s.

This is no plain modern event with civil unrest erupting because of an interconnected world. These are grassroots uprisings cross-fertilized perhaps from a world contagion yet they often have similarities – corrupt governments. Turkey, Ukraine, Thailand, Venezuela and Bosnia-Herzegovina are all middle-income democracies with elected leaders besieged by people angry at misgovernment, corruption and economic sclerosis. These days it is no longer just dictators who have something to fear from the crowd. This is the promise of Marxism that centralized planning and false promises are coming home and governments are too corrupt and incompetent to deliver what they have claimed for decades.

USIntAs%Total

Communism is dead. The socialistic agendas that have lined the pockets of government and filled the coffers of banks is over. The national debts are on average composed of 70% interest payments not programs to help the poor as marketed. The debts that keep growing with no intent upon paying anyone back are draining the national productivity and turning the people into economic slaves. The standard of living has declined and it now takes two incomes to survive where one use to be just fine. Women won the right to work and lost the right to stay home.

IntRate-Manipulate

 

The promises that you save for the future have collapsed into dust as interest rates have been driven lower making savings utterly worthless. There is no such thing as saving and living off your fixed income. The elderly are being driven back into the work force and the whole ideas that a generation believed in are vanishing before their eyes.

So it is no longer communists and dictators that are the targets. All governments are now the targets and when the economy turns down after 2015.75, the threat of civilization will be pulled apart by the self-interest of politicians clinging to power to the detriment of the people.

 

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Mon, 03/31/2014 - 10:42 | 4610509 fonestar
fonestar's picture

Satoshi can save us!

Mon, 03/31/2014 - 10:54 | 4610556 MillionDollarBonus_
MillionDollarBonus_'s picture

The people want government to stop supporting wall street and start supporting the people. It's an absolute disgrace that rich people continue to reap obsene profits when government workers are losing their jobs and pensions, and the poor are at risk of losing their benefits. I stand with the poor against the rich, with the meek against the powerful. Let's re-capture our government from the rich and reignite the peoples' trust in our leaders. 

Mon, 03/31/2014 - 10:57 | 4610572 disabledvet
disabledvet's picture

Next up on the target list: "the United States Postal Service."

Mon, 03/31/2014 - 11:05 | 4610593 TruthInSunshine
TruthInSunshine's picture

We'll rise to an economic juggernaut of rapid GDP growth, rising real incomes & low unemployment again by the good fortune of King's Candy Crush Saga, come hell or high water.

Mon, 03/31/2014 - 11:06 | 4610603 Oh regional Indian
Oh regional Indian's picture

No it is not the same for everyone.

The entire world is having a different experience of what is going on, even country-wise, county-wise.

We each can change and only that way have our environment change complimentarily...

to repeat...

The number of levers, locally and globally that are controlled by a single, small group of people makes this the MOST RIGGED game ever.

Yet, similarly, fractally, at every level, there is a trap door out.

Personally, finaicially, socially....

We choose to ignore the big X on the trap door because the un-controllable slide of letting go that follows scares the heck out of us.

Anyone else done one of those super high water slides? Vertically down?

ori

http://aadivaahan.wordpress.com/2014/03/23/my-tedx-talk/

Mon, 03/31/2014 - 11:19 | 4610656 Skin666
Skin666's picture

Moral of the story: don't play in a rigged game

 

Gold, silver, bitcoin bitchez

Mon, 03/31/2014 - 11:44 | 4610762 dontgoforit
dontgoforit's picture

Thought this was "...the dawning of the Age of Aquarius." 

Mon, 03/31/2014 - 12:29 | 4610903 Wahooo
Wahooo's picture

Just selling platters, my friend. Sorry to disappoint you.

Mon, 03/31/2014 - 21:02 | 4612527 clymer
clymer's picture

mdb - collecting downvotes as usual

(and you were on the upswing for a while with the sarcasm-literate crowd for a spell a while back..)

Mon, 03/31/2014 - 13:49 | 4611220 CH1
CH1's picture

don't play in a rigged game... Gold, silver, bitcoin bitchez

YES! 

+ as many clicks as my finger can handle!

Mon, 03/31/2014 - 13:59 | 4611269 johny2
johny2's picture

These are grassroots uprisings cross-fertilized perhaps from a world contagion yet they often have similarities – corrupt governments. Turkey, Ukraine, Thailand, Venezuela and Bosnia-Herzegovina are all middle-income democracies

 

stopped right there, it takes lots of faith to look upon these countries as middle class democracies and grassroots uprisings.

Wed, 04/02/2014 - 19:45 | 4619212 Pickleton
Pickleton's picture

for what we're all facing - and I completely agree with the author,I usually hear the ...lesser intelligent, utter stupid platitudes like 'You cant eat gold and silver'.

I like to respond in my head along the lines - No shit Dick Tracy.  That's why you buy food and other commodities.  The gold and the silver are for rebuilding AFTER The Gods of the copybook headings, with terror and slaughter return...

 

Mon, 03/31/2014 - 11:33 | 4610726 TahoeBilly2012
TahoeBilly2012's picture

Peak socialism meet Peak croneyiam, and then you find some of those are the same people...

Mon, 03/31/2014 - 19:41 | 4612348 Firepower
Firepower's picture

When the rich are killed, just make sure to kill them all.

Mon, 03/31/2014 - 14:17 | 4611343 Abitdodgie
Abitdodgie's picture

The United States Postal service is owned by JP Morgan is it wont be going anywhere for a while.

Mon, 03/31/2014 - 11:05 | 4610595 CCanuck
CCanuck's picture

Hey MDB, your opening statement is great, all down hill after that. The Bloated gov. workers deserve to lose their jobs, along with the leaders in gov.  You can never re-capture any gov. it is always out of control and abusive to the people it "serves".

Fuck your leaders,

Fuck the Gov.

Fuck all they represent, including yourself.

Cooooooooocksuckers!

Mon, 03/31/2014 - 16:55 | 4611835 HardAssets
HardAssets's picture

Those who financed the Communists also financed the Nazis.

Problem - Reaction - Solution

Cause chaos and pose as the 'savior' when your actions cause things to implode.

Its a very old game that the psychopath control freaks play in order to live as parasites off the population.

Here's a good, short analysis of Machiavelli (you can skip the intro and read down to the analysis of The Prince) :

 

http://www.alanwattsentientsentinel.eu/english/transcripts/Alan_Watt_Blu...

 

 

Mon, 03/31/2014 - 21:00 | 4612523 clymer
clymer's picture

umm, Canuck.. You new around here?

Mon, 03/31/2014 - 11:20 | 4610662 bagehot99
bagehot99's picture

You stand with the poor AGAINST the rich? 

What an idiot. Without the rich, there would only be poor. You're clearly an economic illiterate, only able to parrot slogans, not think critically about what you're saying.

Mon, 03/31/2014 - 13:57 | 4611257 RaceToTheBottom
RaceToTheBottom's picture

Long live trickle down.....

 

/s

Mon, 03/31/2014 - 18:18 | 4612106 HardAssets
HardAssets's picture

There's 'rich'

and there's RICH

 


Mon, 03/31/2014 - 11:47 | 4610777 kellycriterion
kellycriterion's picture

"the rich"? Are we talking about successful people who provide real goods and services or the people who take what they want and their criminal assoc?

Of course defining "criminal assoc" is increasingly difficult. People and organizations that are net tax payers are dependent on rebates in the new normal.

If "my" corp can get a greater ROI lobbying the government than from capex, then I want it to hire lobbyists. If it can extract money being pumped by the Fed with debt buy backs, dividends, then that's what I expect it to do.

Of course ZeroHero corps buy guns and ammo and shoot it out with the alphabet of government thugocracies. Because of
course they have an Insurrection Clause

Mon, 03/31/2014 - 11:56 | 4610806 kellycriterion
kellycriterion's picture

Does anyone on these pages ever ask why people are "fooled:" by bogus class warfare? It's because they aren;t fooled at all. It's the low hanging fruit. Go after the people that aren't organized and heavily aremed.

Mon, 03/31/2014 - 12:05 | 4610835 jughead
jughead's picture

What leaders? 

Mon, 03/31/2014 - 12:13 | 4610854 Notsobadwlad
Notsobadwlad's picture

I am not a fan of governments creating laws, taxes and regulations so that they can live parasitically off of a minority of productive people.

Similarly, I a not a fan of banks living parasitically, through financialization, off of the minority of productive people.

IMO, collectively (and I am not a progressive/communist ... because that is a false ideology), we should all be working to advance the state of humanity through value adding productive work and MINIMIZING the parasitic activities of banking and government.

Does this mean that I favor the poor over the rich or the rich over the poor? No. There are parasites everywhere at all societal levels and in all walks of life.

Mon, 03/31/2014 - 13:25 | 4611116 samsara
samsara's picture

It's Back

Mon, 03/31/2014 - 14:10 | 4611313 Shizzmoney
Shizzmoney's picture

RE

I stand with the poor against the rich, with the meek against the powerful

So did Judas; that is, of course, until the Romans offered him silver to sell out Jesus.  

Now?  All it takes are worthless green pieces of paper!

Mon, 03/31/2014 - 18:53 | 4612215 oncefired
oncefired's picture

When the system crashes, the poor will be the first to be taken out because they will be rioting because their EBT cards don't work. Most of the Elite who overlooked gold will lose their security because they have no way to pay them, hence they will be hunted down and taken out rather quickly. The rest will put up a fight or hide. I don't have a lot of hope for you "million", but I can give you some advice: Guns and Ammo, Lock 'N Load

Mon, 03/31/2014 - 20:24 | 4612449 spinone
spinone's picture

I stand for the rule of law, and that no one is above the law.

Mon, 03/31/2014 - 20:36 | 4612470 StychoKiller
StychoKiller's picture

So, which side of yer mouth are you speaking out of now?

Mon, 03/31/2014 - 22:23 | 4612723 cpzimmon
cpzimmon's picture

MDB, you have proven that you have no depth to your thought.

Mon, 03/31/2014 - 10:58 | 4610567 Kirk2NCC1701
Kirk2NCC1701's picture

Not quite.  Rather, it is the COMBINATION of PM + Crypto_Currencies that can save us from Fiat.  One acts as a Store of Value, the other as a Medium of Exchange.

Because the combination of these allow for a PARALLEL economy.  A FREE economy.

/ But do not think believe logic and reason, until Tyler or the MSM tells you so. / sarc

Mon, 03/31/2014 - 11:05 | 4610599 Buckaroo Banzai
Buckaroo Banzai's picture

In fact, you could even say that the dollar could still play a role acting as the unit of account.

Given that money has three defining characteristics (store of value, medium of exchange, unit of account) it isn't absurd to imagine that many different things could be used together to fulfill the role of money.

Mon, 03/31/2014 - 11:06 | 4610602 Herd Redirectio...
Herd Redirection Committee's picture

Well then someone should get busy and combine them.

The intermediary step of having to convert from crypto to dollars to 'store of value' is hurting crypto's chances of being adopted as a medium of exchange, IMO.

 

Mon, 03/31/2014 - 11:31 | 4610716 Magnix
Magnix's picture

We have downsized by moving to the smallest house from a $350K house to increase our cash flow and save  up to purchase a land remotely and buy more gold/silver.

Mon, 03/31/2014 - 11:43 | 4610760 caShOnlY
caShOnlY's picture

Satoshi can save us!

will you please stop with your digital madness.   No real currency can derive from a virtual world.  One flip of the internet kill switch and you and satoshi become shitzki.

Mon, 03/31/2014 - 12:45 | 4610962 fonestar
fonestar's picture

Cash is digital moron.  It's only been that way for... oh, I dunno.. the past 40 years?

Mon, 03/31/2014 - 14:26 | 4611384 caShOnlY
caShOnlY's picture

Cash is digital moron. It's only been that way for... oh, I dunno.. the past 40 years?

No shit, asswiper, thats when we came off gold.  So why do I want another DIGITAL CURRENCY?

Mon, 03/31/2014 - 12:03 | 4610827 jughead
jughead's picture

Hai, Dozo!

Mon, 03/31/2014 - 12:08 | 4610846 IridiumRebel
IridiumRebel's picture

Kono hen ni BTCga ariimasuka?

Mon, 03/31/2014 - 13:53 | 4611237 beaglebog
beaglebog's picture

Hey, you'll like this, Fonestar.

 

A British city is adopting its own digital currency. V. interesting.

 

Am keeping an eye on this ... the city is about 15 miles from me.

 

http://www.telegraph.co.uk/technology/news/10734073/Hull-Council-printin...

Tue, 04/01/2014 - 12:07 | 4613945 Constitution First
Constitution First's picture

Croney Capitalism is the worst of all worlds.

Unfortunately both parties are equally guilty.

Which is why we need a third.

Mon, 03/31/2014 - 10:42 | 4610510 DaddyO
DaddyO's picture

Another breath of fresh air?!?

DaddyO

Mon, 03/31/2014 - 10:43 | 4610512 smithcreek
smithcreek's picture

So, what did this author have 5 mintues with nothing to do?

Mon, 03/31/2014 - 10:56 | 4610568 bobnoxy
bobnoxy's picture

Is he saying the American government isn't corrupt because we're capitalists, that only ''Marxist'' economies labor under corrupt leaders?

Mon, 03/31/2014 - 10:59 | 4610579 disabledvet
disabledvet's picture

"That commie capitalists suck" I think.

And yes...I agree with that.
"Now say hello to Mother Russia."
This time with FEELING phuckers.

Mon, 03/31/2014 - 12:18 | 4610876 bonin006
bonin006's picture

From the chart of US interest payments as % of debt, I would say he is saying the US is right in there with all corrupt governments.

Mon, 03/31/2014 - 10:48 | 4610514 G-R-U-N-T
G-R-U-N-T's picture

Yep, promises that Politicians never intended to keep! Soon the public sector will be carrying clubs and pitchforks demanding restitution, once Pensions collapse, for the problems that they caused! Keep up the good work Martin, thank you!

Mon, 03/31/2014 - 10:43 | 4610516 NotApplicable
NotApplicable's picture

And why do these cycles occur? Because they are inevitable due to the fallacy of the external government being a "force for good."

Mon, 03/31/2014 - 11:10 | 4610604 Quus Ant
Quus Ant's picture

This feels more like the age of discontent.  The age of civil unrest is waiting somewhere in the wings. After all, here we are.

Mon, 03/31/2014 - 11:48 | 4610785 dontgoforit
dontgoforit's picture

Kryptonite for all the supermen.

Mon, 03/31/2014 - 10:44 | 4610521 ParkAveFlasher
ParkAveFlasher's picture

Here comes Martin Armstrong with the Stupendillious Predictabilitudinous Supercenturial MegaMillenial Bullshit Wave Theorem.  Maggie Thatcher's AI-inventing boy toy strikes again!

Mon, 03/31/2014 - 10:58 | 4610575 bobnoxy
bobnoxy's picture

Looks like you've figured him out.

Mon, 03/31/2014 - 11:04 | 4610594 weburke
weburke's picture

people riot over food. thems the facts, and with a food stamp system that is all electronic, when those that have the stuxnet virus decide, some amount of the 50 million on food stamps will have no plan b as the govt has no plan b.

Mon, 03/31/2014 - 11:19 | 4610635 Quus Ant
Quus Ant's picture

This is true; given scenario 1a.  No one knows what's going to happen- beautiful, isn't it?  The world has never seen what is about to go down- as in a global collapse on multiple levels- economic, environmental, philosophical.  Whoo hoo!  Will we learn that from this point forward we all go down together?

Mon, 03/31/2014 - 11:50 | 4610790 dontgoforit
dontgoforit's picture

God's video-game in real-time.

Mon, 03/31/2014 - 11:52 | 4610798 Spectre
Spectre's picture

Great thinking, what a way to bring the USA to its knees.

Mon, 03/31/2014 - 11:47 | 4610775 caShOnlY
caShOnlY's picture

 Here comes Martin Armstrong with the Stupendillious Predictabilitudinous Supercenturial MegaMillenial Bullshit Wave Theorem.

Now we know you voted for hope and change.  But just to prove you aren't the "hope and changy" type then:   prove why Armstrong's theory is bullshit for us? 

 

Mon, 03/31/2014 - 12:15 | 4610868 Bollixed
Bollixed's picture

Those of us who have been reading Marty's stuff over the past couple of years can see that what he was talking about in the past has come into play just like he said things would. In other words, he has a good track record of seeing through the bullshit and getting to the core of the problems. The fact that he has so many detractors is more proof of the poor quality of people's critical thinking skills than it is of what he writes.

Mon, 03/31/2014 - 12:52 | 4610990 moneybots
moneybots's picture

"Those of us who have been reading Marty's stuff over the past couple of years can see that what he was talking about in the past has come into play just like he said things would."

 

I have only recently been paying close attention to his commentary.  Depression to depression is a cycle.  Boom to boom is a cycle.  We are looking at the 21st century version of the 1930's.  Comparisons to the run up into WW1 and WW2 are now being made.  What is old becomes new again.

My only question is whether one can put a date on things.  Is the economy going to roll over after 2015, or is it in the process of doing so now?  Dent wrote a book Crash of 2014. Someone else has a Crash of 2016 book now, which would be in line with Armstrong.

Mon, 03/31/2014 - 13:23 | 4611104 samsara
samsara's picture

I'd trust Marty's turning point dates.   He knows cycles better than anyone I have read.

I was reading him when he did posts from Prison.

Mon, 03/31/2014 - 13:44 | 4611201 Seize Mars
Seize Mars's picture

Huh? Prison?

Mon, 03/31/2014 - 13:54 | 4611240 Bollixed
Bollixed's picture

Yea, they locked him up for being too uppity and not handing over his computer source code to the Wall Stret Boys. It's the price you sometimes pay for having integrity and sticking to your guns.

Mon, 03/31/2014 - 16:48 | 4611848 samsara
samsara's picture

exactly

Mon, 03/31/2014 - 15:04 | 4611512 Bollixed
Bollixed's picture

That link is to his 'Wiki' page. Guess who wrote that tripe...

C'mon, one guess, you can do it...

Mon, 03/31/2014 - 13:45 | 4611204 Steely_Dan
Steely_Dan's picture

Marty does not put a date on things, that comes from the computer program he wrote.  Many of the published dates have been to the day.  Facts are facts.

Mon, 03/31/2014 - 15:12 | 4611531 caShOnlY
caShOnlY's picture

over 5 years ago I was in a forum and someone posted a long comment in which I should have saved it but I didn't.   As the collapse of 2008 progressed this individual stated to everyone to sit back this this is not the final ending, yet.   He stated they will gloss this one over and gave his opinion to the plan ahead.  This included massive central bank intervention and money printing, run away debts, failed gov't stimulas plans and more easy credit for everyone complete with a minor reflation bubble.   The one clear point he made, that I remember distinctly, was that 2015 would be the end date - when the real collapse would ensue.   He stated there is no avoiding it as the days of FIAT are coming to a close.  He stated that "faith and trust" are just about used up. 

Was this comment from Marting Armstrong? I think it may have been but who knows since it was just another commentor in a blog section.  There were amazing details in this write up that have eerily accurate and have come true. 

Mon, 03/31/2014 - 13:37 | 4611072 ParkAveFlasher
ParkAveFlasher's picture

LOONEY LOONEY LOONEY

Here's a gem.  Armstrong Economics creates Artificial Intelligence, which is not just self-aware, but also omniscient.  Much like Armstrong himself, I suppose! 

Of course, he needs to sell subscriptions, I think because self-aware AI eats a lot of potato chips!  From Armstrong's website:

"At Princeton Economics this goal to create a computer that would achieve real Artificial Intelligence collecting all the experiences of the past and to plot the best solution has kept us occupied for decades. Real Artificial Intelligence that would become cognizant of itself rather than follow some predefined script incorporated the need to become self-aware capable to evolving from experience has been achieved to plot new solutions without repeating the mistakes of the past. Self-awareness is not actually artificial life for it still remains a level below humanity unable to achieved self-consciousness. Nevertheless, achieving such self-awareness allowed the computer to evolve and develop its own rules for monitoring the entire world economy adapting to the evolution of society. We will be explaining this achievement in an upcoming book for this is what many have sought to imitate without success."

BTW Any kook off the street can tell you what the weather is, with very good accuracy.

 

 

Mon, 03/31/2014 - 14:43 | 4611450 malek
malek's picture

Now repeat the same explanation attempt on The Fourth Turning please.

But be careful so after the identification of simple, almost banal rules which drive or deter the masses, not to confuse the subsequent reapplication of rules found by others with "intelligence" again.

Mon, 03/31/2014 - 15:24 | 4611566 ParkAveFlasher
ParkAveFlasher's picture

I don't disagree with the general tone of Armstrong's commentary, I'm a bit of a doomer myself.  I just don't see the need to perceive it as factually accurate.  No one has a crystal ball, and anyone who claims to is either pulling levers from behind the curtain or is otherwise hoodwinking you.

Mon, 03/31/2014 - 15:33 | 4611588 caShOnlY
caShOnlY's picture

LOONEY LOONEY LOONEY

aren't most geniuses off their rocker somewhat?  look at Jim Willie, underwater carribean prisons?  but that does not distract me from the brilianct analysis.  Would I be better served with CNBC? CNN?   Come on do you really believe Steve Liesman? Bob Pissonme? JIMMY CRAMER???? Paul Krugturds???????? LMFAO!!

 I'll take the crazy bastard with quantifiable data over morons spreading lies backed with the FED's digitized blessing.   

Mon, 03/31/2014 - 10:45 | 4610526 HyperinflatmyNutts
HyperinflatmyNutts's picture

Fu@k the Fed!!

Mon, 03/31/2014 - 10:55 | 4610560 Peter Pan
Peter Pan's picture

Too late. They have already Fu@ked us.

Mon, 03/31/2014 - 11:00 | 4610583 disabledvet
disabledvet's picture

"Sweeeet...wonderful you.
You make me happy with the things you do."

Mon, 03/31/2014 - 13:46 | 4611206 Kprime
Kprime's picture

One of my earliest, favorite, Fleetwood songs.

Mon, 03/31/2014 - 10:45 | 4610527 Ignatius
Ignatius's picture

Out of control, empire-sized criminal rackets.

Hedge accordingly.

Mon, 03/31/2014 - 10:50 | 4610545 madcows
madcows's picture

If women(or the dad) stayed home to raise the kids we'd have plenty of jobs available, and we could probably live on one income. And, we'd have better kids... not raised by daycares with no interest in the kids.

In the pursuit of more money and more stuff, both parents worked, and they got their stuff.  But, over time, prices increased b/c there was more money to buy it.  Too much money chasing too few goods.  The result is now you need two incomes to support a family.  Obviously, the low income folks have always needed two incomes to compete.

This is what the "liberation" of women brought us.... Two income slave-wagery.

Mon, 03/31/2014 - 11:02 | 4610586 Kirk2NCC1701
Kirk2NCC1701's picture

Thank Gloria Steinem.  And a bunch of Anglo and Jewish feminists.

Mon, 03/31/2014 - 11:09 | 4610607 Buckaroo Banzai
Buckaroo Banzai's picture

And the Cultural Marxists and the Foundation money that they hijacked in order to put people like that on their payroll.

Henry Ford must be spinning in his grave when you think of the shit that the Ford Foundation has done in his name, with his money.

Want to feel sick? Just go to the Ford Foundation home page. Their motto says it all. "Hidden in plain sight".

Mon, 03/31/2014 - 11:25 | 4610682 bagehot99
bagehot99's picture

He set up his foundation before the realization that the left finds money like an anteater, and infiltrates the places it resides. There are a LOT of communists in these large foundations - they get to play Lenin with money they could never have made for themselves.

Socialism is truly the most virulently destructive theology ever propogated.

Mon, 03/31/2014 - 13:21 | 4611086 samsara
samsara's picture

Gloria Steinem and the Womens movement was a CIA inspired(aka David Rockefeller agenda).

Do a Google Steinem CIA.    She admitted it a couple years ago.

Why only have ONE person in the house hold pay taxes.   Let's get it from both....

Mon, 03/31/2014 - 11:25 | 4610691 Chump
Chump's picture

I tend to be pretty easy-going, but one of the quickest ways to get me pissed off is to ask why my wife doesn't work.  Brother, I've done her job a few times, and when my stint is over I relish the thought of lugging 75 pounds through the woods for hours on end.  Raising kids is difficult, nearly never-ending work.  Just because she isn't paid a wage does not mean my wife isn't working.

Mon, 03/31/2014 - 12:37 | 4610939 moneybots
moneybots's picture

"If women(or the dad) stayed home to raise the kids we'd have plenty of jobs available, and we could probably live on one income."

 

Not quite that simple.  The French figured if they cut the work week to 35 hours, that more jobs would be created to fill the other 5 hours of the 40 hour work week.  didn't work out that way.  Instead of more pieces of pie, the pie shrank.

In 1932, as far as i am aware, mom stayed home, yet the unemployment rate was over 20%.

At this point a lot of dads or moms are staying home, as one of them is unemployed.  That hasn't increased the number of jobs available.

Mon, 03/31/2014 - 10:52 | 4610549 annabelleballow
annabelleballow's picture

Let the system correct already so that I can return to reality and move on with my life. 

Mon, 03/31/2014 - 10:53 | 4610551 redbird
redbird's picture

2015.75.    This Armstrong fellow is a real optimist.

 

 

Mon, 03/31/2014 - 10:57 | 4610571 Ignatius
Ignatius's picture

Armstrong and his 'digital' dates.

He must be right, he uses digital dates.

Mon, 03/31/2014 - 14:30 | 4611398 seek
seek's picture

No, I don't think it's that far off. He could even be calling it a little early.

Remember TPTB are wizards at delaying the inevitable.

My own window has been 2015-2018 for a while, and I'm leaning towards mid to late 2016/early 2017 for the main event. (Timing with the presidential election is not an accident, nor was it in 2008.)

Mon, 03/31/2014 - 10:53 | 4610553 quasimodo
quasimodo's picture

At least we we know it will never happen in the good ole US of A. People are to doped up and disctracted to give a flying fuck.

Mon, 03/31/2014 - 10:57 | 4610563 Dr. Richard Head
Dr. Richard Head's picture

The only unrest I tend to see is Americants who riot over their fabled sports teams.  That camper that was shot dead did wake a few in NM though....Other than that, most are asleep at the wheel and still believe in the red team blue team booooosheeeettttt!!!

Mon, 03/31/2014 - 11:12 | 4610615 SteveGennisonBa...
SteveGennisonBallWasher's picture

Go Browns!

Mon, 03/31/2014 - 11:15 | 4610633 Dr. Richard Head
Dr. Richard Head's picture

You have a good memory.  Cleveland is the Bermuda Traingle of crap sports teams, so I am glad I gave up paying attention to that crap for over a decade now.  Not just because they sucks, but valuable brain space was freed to allow me to awaken a bit to the political nonsense that has enslaved us 

Mon, 03/31/2014 - 12:07 | 4610842 jughead
jughead's picture

sorry you have so little brain space...I guess you are the poster boy for the term "narrow-minded"?

Mon, 03/31/2014 - 11:57 | 4610809 therevolutionwas
therevolutionwas's picture

If the money for dope and food becomes scarce or worthless, they will give a "flying fuck" and then some.

Mon, 03/31/2014 - 10:53 | 4610554 MeMongo
MeMongo's picture

Albuquerque Bitchez!

Mon, 03/31/2014 - 12:04 | 4610830 IridiumRebel
IridiumRebel's picture

Long Battle Gear and Burning Tires

Mon, 03/31/2014 - 12:08 | 4610844 El Vaquero
El Vaquero's picture

See my post below.  I went out to watch that shit for myself.  Fucking surreal. 

Mon, 03/31/2014 - 10:56 | 4610565 whatthecurtains
whatthecurtains's picture
Martin Armstrong Warns This Is The Age Of Civil Unrest

 

Fucking stupid this is the age of civil obedience.  Stay home and watch your fucking Idol while your rights erode away.

Mon, 03/31/2014 - 11:00 | 4610581 gadflew
gadflew's picture

Peak bitches, bitches!

Mon, 03/31/2014 - 11:49 | 4610787 foodstampbarry
foodstampbarry's picture

It's bitchez, not bitches.... bitch.

Mon, 03/31/2014 - 11:02 | 4610589 PlusTic
PlusTic's picture

Grow some balls, grab a gun and get in line...only chance we have left

Mon, 03/31/2014 - 11:15 | 4610596 Kirk2NCC1701
Kirk2NCC1701's picture

So, when's the party getting started in the Land of the Free(loaders) and Home of the Knave?

Ooops, I forgot:  We got more church-going sheeple than anyone else, and Jesus tells us to turn the other cheek.  Oh SNAP!

Be grateful that rich people won't go to this mythical place called Heaven*, and that you are "blessed" for being poor slobs.  And please, let's NOT blame the clerical cunts who sold us out, feed you bullshit, and tell you to be SHEEP.  Rather, let's blame the wolves -- the Jews.

Crack that whip!  You can whip it, whip it good.

 

* A NEW Testament invention, when it was officially compiled under Emperor Constantine, at the Council of Nicea -- hundreds of years after Jesus of Nazareth.  But don't let me upset you with facts or cognitive dissonance.

p.s. Should I have inserted a <sarc> tag?

Mon, 03/31/2014 - 12:15 | 4610867 Herd Redirectio...
Herd Redirection Committee's picture

There were sects of early Christians who believed in reincarnation...

That was squashed.  I guess people who believed in reincarnation were tougher to control than those who lived in fear of 'going to hell'.

Mon, 03/31/2014 - 14:55 | 4611485 RafterManFMJ
RafterManFMJ's picture

I could not humanly agree more.

1 God is omniscient and perfect.
2 An eye for an eye
3 Oh wait no that's wrong ... Here's what I really meant.

Mon, 03/31/2014 - 11:06 | 4610601 the grateful un...
the grateful unemployed's picture

capitalism is dead, its only in america where the bankers keep their capitalist profits while unloading their losses onto the state. a system that works for the 1% is not communism and russia is not communism, its gangster capitalism. if communism is a workers paradise, and you have no workers what have you got? capitalsim defeated communism by automating workers out of existence. nice job, but they needed some central planning to help. lots of central planning.

civil unrest is a nonstarter. you want to change the system, get a majority a representatives to agree the federal reserve bank does NOT have the backing of the US treasury and american taxpayers. that will change the way things work.

Mon, 03/31/2014 - 11:12 | 4610618 dexter_morgan
dexter_morgan's picture

And TPTB sit back and smugly smile.............

Mon, 03/31/2014 - 11:26 | 4610694 adr
adr's picture

We need to eliminate central control and exterminate the political correct bullshit that is destroying the fabric of our society.

You know what, discrimination is a fundamental human right. In fact it is what natural selection is based on. Political correctness has turned the citizens of the world into pansies, paralyzed and afraid to do anything because they might offend someone.

This is how evil hides. By making it socially unacceptable to call out people for thier faults, or their actions. There is no freedom of speech if ypu are not allowed to express all forms of speech, even discrimination.

In a free economy if there wasn't a business case for discrimination it would fail. If discrimination didn't work in nature, we wouldn't still find it everywhere. The reason why you end up with a Hitler is because the freedom to discriminate is removed and the emotions become bottled up. Eventually the people have enough and terrible things happen. The Golden Dawn party didn't rise in Greece because people were embracing racism, they were just fucking sick of Greece being destroyed by non Greeks. But Golden Dawn would most likely take the step to eliminate the non Greek population by forceful means. 

Jere is a thought experiment. Imagine a restaurant opening in NYC that makes it a policy to only serve white people. How disgusting right? Racist, must be shut down. The outrage would be immense.

Now imagine a restaurant owned by a black man opening in NYC that will only serve blacks. Do you think there would be outrage? Most likely there would be praise for that man to have the bravery to give black people something they have always deserved.

You know what. I am fine with that. If there is a business case for the discrimination of white people, then he will be successful. But you have to let the white only restaurant stand. Because if there isn't a business case for it, it won't last.

You will never elimimate discrimination because it is a fundamental force of nature. Trying to eliminate it only ends in the fire of totalitarianism.

Mon, 03/31/2014 - 12:19 | 4610878 Herd Redirectio...
Herd Redirection Committee's picture

We have also established the idea that there is no such thing as EVIL.

Somehow our forefathers were just superstitious, and the idea of 'evil' was unnecessary, useless.

But in fact, we now know 2% of the population (or thereabouts) are sociopaths and psychopaths, and no sociopath has EVER been rehabilitated.  For me, that is as close to 'evil' as you can get.  Someone who is literally irredeemable, unreformable, and with no conscience.

But instead, if he is working for a Wall St bank, his crimes will result in a FINE, at most!

Wed, 04/02/2014 - 21:37 | 4619649 Pickleton
Pickleton's picture

We have also established the idea that there is no such thing as EVIL.

To achieve their EVIL goal of destorying the Republic, the left had to destroy God.  To destroy God they had to convince the mouth breathing masses that there's no EVIL. No EVIL, no need for God.  Much easier to corrupt the culture and allow Luke to be seduced by the dark side...

 

Mon, 03/31/2014 - 11:28 | 4610704 pupdog1
pupdog1's picture

"... and when the economy turns down after 2015.75 ..."

 

What the hell does this mean?

Who writes this stuff?

Mon, 03/31/2014 - 13:40 | 4611183 Steely_Dan
Steely_Dan's picture

Eventually all pups grow up to be dogs.  Inform yourself.

Mon, 03/31/2014 - 13:44 | 4611199 ILLILLILLI
ILLILLILLI's picture

It means the third quarter of 2015...

Mon, 03/31/2014 - 15:14 | 4611536 RafterManFMJ
RafterManFMJ's picture

Thanks dude; I'm still dizzy from falling off the turnip truck.

Mon, 03/31/2014 - 11:32 | 4610725 yogibear
yogibear's picture

The small people keep getting crushed until they revolt.... Nothing has happened yet so we'll just continue the same game. The same bought and paid for politicians keep getting re-elected.

Mon, 03/31/2014 - 11:35 | 4610732 Quinvarius
Quinvarius's picture

Armstrong is quack.  We can all read the news.  But his theories predicted confidence in government, not what he is saying now.  His cycle theories also predicted wars were at low ebb starting the week Russia took Crimea.  The guy is completely full of crap when it comes to trading. 

Mon, 03/31/2014 - 13:40 | 4611188 Steely_Dan
Steely_Dan's picture

Can you supply evidence of your CRAP theory?

Mon, 03/31/2014 - 11:50 | 4610794 The Shodge
The Shodge's picture

Amd WHO TF is Martin Armstrong?

Mon, 03/31/2014 - 11:51 | 4610796 vincent
vincent's picture

We should all hope he's right.

Gives the awakened alittle more time to get shit locked down.

I will add that I'm not nearly as optimistic as he.

Mon, 03/31/2014 - 12:02 | 4610821 El Vaquero
El Vaquero's picture

I posted the4 following last night in another thread.  It is my first hand observations, right here in the good'ole US of A:

 

 

That protest was over Albuquerque Police Department's killing of James Boyd on March 16, and the general use of excessive force by APD. 

 

That protest lasted for something like 15 hours, give or take.  I showed up to watch towards the last 4 or so hours.  As I was walking from my vehicle to the protest, I ran into a homeless man.  He didn't ask me for money.  He wanted a blanket.  I didn't have one, else I would have handed it to him.  All that I could offer was a cup of coffee, which he did accept.  It's fucking disgusting to see that kind of desperation. 

 

After that, I waited near the Frontier restaurant for the protesters to march by again.  As it turns out, only half of them marched by after me waiting about 20 minutes.  The other half stayed near UNM, so I walked closer to them.  Just as I was getting close, I saw several SWAT teams pull up.  While I didn't count how many SWAT guys there were, I wouldn't be surprised if it was somewhere between 50 and 100, and most were riding in on Bearcats/APCs wearing their gas masks.  Many of them had cudgels, many had tear gas guns and several had M-4s.  I could hear the cops over the loudspeaker telling everybody to disperse, with occasional yelling from the crowd about tyranny. 

 

Eventually, sure enough, the tear gas came out, and people started running.  I was far enough away that I didn't get hit with it.  A news photographer did though.  He was behind me when the cops started leaving to confront the other group of protesters who had gone down to the police station.  I heard him shout something as one of the Bearcats rolled by with cops hanging from the sides, and saw a rather funny look on the cops' faces.  I think he yelled "putos" or something of the sort, but I didn't catch it.  The funny look was because he was flipping them the bird.  He basically said something like "I'm a journalist that they tear gassed, I can get away with it.  Fuck'em." Those weren't his words, but that was the gist of what he said, and he did use profanity.

 

After that, I was trying to figure out where the other group was, and was paying attention to where all of the cop cars were going.  It was only marginally helpful, as Yackety Sax should have been playing.  Cop cars hauling ass one direction, then hauling ass in the opposite direction.  I then went back to my vehicle, got in and was lucky enough to see a KRQE vehicle hauling ass, so I followed.  They have had the best coverage, so I figured that they were heading to where the shit was the thickest.  I was right, and that led me to the police station. 

 

As I was looking for a parking spot, I drove by the SWAT staging area with all of the big toys that those guys drive.  It's one of those things where you think things like "overkill" and "police state."  I found a parking spot in a residential neighborhood about 2 1/2 blocks from the protest, which was nice because I didn't have to worry about that street being blocked off if I needed to leave in a hurry.  Once I got to the area, I got to get a sense of the crowd.  There was a bona fide old hippie there that I chatted with who thought that the protesters were going about it wrong, and there was another guy there who has to keep track of the things that agencies like APD do as part of his job.  We all agreed that being in the middle of that shit was not wise. 

 

It seemed that all walks of life were there, but the two groups who were making the most noise were the hoodrats and people that I can best describe as neo-hippies.  You know the type.  Young with dreads and drums.  I fucking hate it when those drums show up to protests.  But whatever.  After a while, the SWAT guys came marching in in formation.  It was the same gig as what had happened by UNM, it was obvious what was going to happen next. 

 

I should point out, that by this point, I had witnessed four different police agencies there.  APD, BCSO, State Police and Rio Rancho PD.  While I only saw Rio Rancho guys driving around, the state troopers were there with APD and BCSO, but they weren't wearing gas masks.  And they were down wind of where the tear gas was obviously going to be deployed.  I should also point out that I saw a fuckton of cops carrying M4s, many of which were NFA firearms on the basis of being SBRs.  Again, police state.

 

Before this second crowd got tear gassed, somebody told me that earlier that one of the protesters was out there with an AK slung over his shoulder.  That's perfectly legal in NM.  But foolish, because unless you have at least a roughly equal number of armed people to cops, all you do is draw attention to yourself.  (Yes, I was packing, but it was concealed, as were the extra mags.  I wasn't there for trouble, I was there to observe.)

 

At this point, there was a line of cops, and a line of protesters facing each other.  I didn't hear what the protesters said, but the response by the guy standing next to me was "Did they just challenge the cops to a game of Red Rover?"  Then another guy came up and said "They just gave the ultimatum," and the next thing I knew, tear gas canisters were flying.  People were running everywhere, but I just stayed where I was, because, you know, the wind was blowing away from me, and I had observed the police reaction the previous time.  And yes, the state police without gas masks did get gassed.  You gotta love APD ;)  I asked one of them for confirmation on this, and he said that yes, some of them did wind up in the tear gas cloud. 

 

The crowd then dispersed, and I went looking for where they were going to start up again.  That happened to be 4th and Central, but by the time I got there, it was losing steam, so I hung around for 15 or so minutes and left.  On my way home, I was passed by an APD officer who was probably doing 20 over the speed limit.  Then, I saw him hauling ass the other direction.  I wonder if something else flared back up? 

 

It's fucked up though.  It was a protest over excessive use of force by police, and how do they respond?  With overkill.  It vindicates the protesters when they do that shit, and it also fuels them.  Yes, there were a few protesters who tagged a police station and carried out a few minor acts of vandalism.  They could be dealt with as individuals.  Showing up with maybe the mounted patrol and a few normal cops would have ensured that this thing ran out of fuel hours earlier.   

 

It was surreal though.  When I was trying to figure out where shit was happening when I was pulling up, traffic was backed up on Central, and half of that traffic was cop cars with their lights on.  I have never seen so many cops in one place in NM in my entire life.  This outdoes anything in my experience by a long shot.  Getting to watch the storm trooper march with my own eyes was not exactly an eye opener because I've been aware of the police state for a while, but it was one of those "Yup, it can happen here" things. 

 

While a lot of the protesters were retards, and the issue of James Boyd may be forgotten soon, I don't see APD getting better or nicer, except for possibly a slight and temporary "Oh shit!  The sheep are mad!  Maybe we had better behave ourselves for a while," the broader issue of police state tactics and abusive behavior is not going to go away.  This shit will come to a head.

Mon, 03/31/2014 - 12:09 | 4610848 the grateful un...
the grateful unemployed's picture

vaguely akin to Sugarland Express. if you could go through all those cops, and ask each one, have they done a tour in Iraq or Afghanistan, you might (not) be surprised, this is the place where i worry, because these men and women have already been dehumanized to one degree or another.

Mon, 03/31/2014 - 13:06 | 4611040 Nehweh Gahnin
Nehweh Gahnin's picture

Great report Cowboy.  Sounds like it would have been fun to watch.  Or to participate in, though I'm not the demonstration person, as I think it usually just serves to highlight the slavery of the protesters, and to legitimize and enable the bad guys.  I do love the irony, though, of the police responding to a police-brutality demonstration with police brutality.  Kafka would be proud.

Mon, 03/31/2014 - 13:30 | 4611140 El Vaquero
El Vaquero's picture

This doesn't even come close to showing the number of SWAT cops out there.  It does, however, show the equipment that they were bringing out against protesters:

 

https://www.youtube.com/watch?v=XdoTEQvoErQ

Mon, 03/31/2014 - 14:56 | 4611487 Nehweh Gahnin
Nehweh Gahnin's picture

Yeah, I saw a video on RT that had me muttering "Holy shit!"  It looked like General Sisi's forces coming down to mow down the Muslim Brotherhood.

Mon, 03/31/2014 - 13:41 | 4611190 drendebe10
drendebe10's picture

welcome to nazi, fascist amerika

Mon, 03/31/2014 - 14:41 | 4611440 dogismycopilot
dogismycopilot's picture

Not a word of this in MSM

Mon, 03/31/2014 - 18:31 | 4612151 stopthejunk1
stopthejunk1's picture

The poverty now is nothing compared to the Great Depression.  Read Steinbeck.

 

The police abuse/brutality now is nothing compared to the 60s.  See YouTube.

 

There seems to be a particular breed of person whose worldview is so myopic and ahistorical that they believe that their own particular time and predicament are the worst that the world has ever seen.

 

These people are often reflexive contrarians, and they lose their ass in the stock market regularly.

 

The world is not going to end.  In fact, it's getting better, not worse.  This despite the doomsayers who hate themselves and get off on trying to make everyone else afraid.  It's like the revenge-fantasy wet-dream of John of Patmos, all over again, every day.

Mon, 03/31/2014 - 12:06 | 4610839 NoWayJose
NoWayJose's picture

Of course there is unrest when more than 50% of the people contribute nothing to their nation except more debt...

Mon, 03/31/2014 - 18:27 | 4612141 stopthejunk1
stopthejunk1's picture

How are they supposed to contribute when their entire economy has been outsourced, education spending eviscerated by redneck conservatives, and when 33% of Americans believe the world is only 6000 years old?

The cause of poverty is superstition and ignorance, and global capitalism which treats human beings like a commodity to be gotten for the lowest global price, even if it means you have to live on a pile of garbage.

Mon, 03/31/2014 - 12:18 | 4610873 Notsobadwlad
Notsobadwlad's picture

This is the age of "Chaos". There are 4 ages or yugas.

Golden Age, Age of Reason, Age of Giants, Age of Chaos ... rinse and repeat

OR

Golden Age, Silver Age, Bronze Age, Iron Age

These ages have been recounted and foretold through many historial writings. We are lucky enough to live in interesting times and those who are able to adapt will survive.

Civil unrest is only a consequence of the Age.

Mon, 03/31/2014 - 12:34 | 4610927 Nehweh Gahnin
Nehweh Gahnin's picture

SOCIALISM!

COMMUNISM!

MARXISM!!!

What, no love for the FASCISTS who have spent billions destabilizing those same governments?

Mon, 03/31/2014 - 14:32 | 4611404 Emergency Ward
Emergency Ward's picture

All of them want your property and your obedience and then they want to eat your children.

Mon, 03/31/2014 - 15:00 | 4611492 Nehweh Gahnin
Nehweh Gahnin's picture

My children are in public schools.  They've already eaten my children (aided and abetted by my banker ex-).  As for my property, I could use some help getting it up off the lake bottom.  As for my obedience ... heh heh heh.

Mon, 03/31/2014 - 12:41 | 4610950 dynamictrader
dynamictrader's picture

its everywhere, am tracking almost 70 countries, take a peek.
http://snapwire.com

Mon, 03/31/2014 - 13:20 | 4611084 2muchtax
2muchtax's picture

MDB,

This poor vs rich thing is what gets us in this situation. People like you allow the government to take the power that is has by claiming to "fight the man"... the government is of, for and by the man.

Politicians tell you that they are going to fight billionaires, then they tax and regulate to death the gas station or dry cleaner down the street. Like when Obama fights billionaires, then you find out that 80% of them supported him.

Our democracy, should (statistically) favor the middle class, but the left has formed a coalition of the poor and the super wealthy.  The wealthy have the power ($$) and the poor have the votes.

We have been fighting the “war on poverty” for 5+ decades and poverty rates have increased. The natural state of humanity is poverty. Most people throughout most of history have been poor. Most people produce enough to survive; very few of us produce more. Those of us who produce more will stop if our excess productivity is confiscated.

No law can overcome natural law, trying only allows the government to take more productivity away from society.

 

Mon, 03/31/2014 - 13:29 | 4611138 drendebe10
drendebe10's picture

WTF is up with PM prices???

Mon, 03/31/2014 - 14:42 | 4611447 seek
seek's picture

TPTB don't want you to get any ideas about leaving the system...

and/or they're trying to save a bank with too many shorts..

and/or there's a side deal to give gold to china at a discount for not dumping USTs...

PM prices will be fucked until the system implodes, get used to it. It's an opportunity for some, and a frustrating delay for others.

Mon, 03/31/2014 - 18:24 | 4612127 stopthejunk1
stopthejunk1's picture

If you are investing in PM with a hope of making a return, you clearly don't understand what's going on in the world.

Despite the ranting of the preppers, the world order (read: capitalist petrodollar) is under no threat whatsoever.

The people that know what's going on in the world were buying PM in 1995 when gold was $300/oz and the rest of you were piling into shares of petboner.com, or whatever the latest financial fad is.

Mon, 03/31/2014 - 14:03 | 4611284 Shizzmoney
Shizzmoney's picture

RE

Martin Armstrong Warns This Is The Age Of Civil Unrest

Um. dude, EVERY age has to deal with this "threat".

The fact than many in the media, left and right, refute that this will ever happen in America is pretty LOL actually.

The thing is, last time the nation had a serious tone of civil unrest (the late 60's), the oligarchs and their politician whores actually caved with gettning the troops out of Vietnam, Expanding SS and Medicare/Medicaid, and introduced Affirmative Action.  

This time?  These motherfuckers don't give a fuck AND they are more powerful in the 1960s.

Mon, 03/31/2014 - 14:20 | 4611353 loveyajimbo
loveyajimbo's picture

All this stuff... and Marty still hates gold.  Sort of proves he is a tool, IMHO.

Mon, 03/31/2014 - 16:45 | 4611833 samsara
samsara's picture

He doesn't hate gold.  So far in the last 4 years I have read him it has moved pretty much as he predicted.

Marty Believes that GOLD is a measure of the Trust in Government.  I agree with him.

By his cycles Gold rises in the next couple years (especially as confidence collapses around 2015.75ish)

He just doesn't keep proclaiming it "ONLY GOES UP"

Mon, 03/31/2014 - 14:30 | 4611399 teslaberry
teslaberry's picture

even a broken nostradumus is correct twice a century. 

 

martin armstrong is smart. but prophecy is a fools game. a smart fool makes a good prophet.

Mon, 03/31/2014 - 14:53 | 4611476 dogismycopilot
dogismycopilot's picture

Oddly enough, I have pegged September 2015 as my market collapse window. Mine is based on the Jewish Holidays because clearly the money changers are winning and I have learned Jew-jitsu!

(note, not being anti Semitic. Just posting a line from Mosaic Man)

Anyway, - see where your Jewish money lending friends are going to be that month for their Rosh Hashana celebrations...not in NYC .

Mon, 03/31/2014 - 18:35 | 4612166 stopthejunk1
stopthejunk1's picture

The market will go mostly sideways until 2017, when the next real bull market will start.

 

After that, it will go straight up, to Dow 40,000 within a decade.  Yes that's right: between 2017 and 2027, the value of the market will double in real terms.

 

Use your funds accordingly.

Mon, 03/31/2014 - 15:04 | 4611511 rsnoble
rsnoble's picture

We have to wait almost 2 more years before the politicians start fucking things up?

I'd beg to difer.

Mon, 03/31/2014 - 18:19 | 4612109 stopthejunk1
stopthejunk1's picture

Why do people continue to talk about "communism" and "Marxism" when the economic model practiced the world over is capitalism?

The sickness of global capitalism is clearly the cause of our current ails. Or do you suppose that companies like BP and MF Global and Enron and Lehman Brothers can exist in a "Marxist" economy?

The writer is clearly a clueless adolescent.

Mon, 03/31/2014 - 19:32 | 4612319 Armed Resistance
Armed Resistance's picture

You are insane!  CAPITALISM?  As in free-market capitalism?  That's been dead and burried years ago and replaced with Cronyism, Corporatism, and Statism.  These are all perverse versions intended to give people like you the false idea that we are operating as capitalists, but it's really much closer to Statism or state-sponsored corporatism.

It's actually much worse than marxism in the sense that the pretense makes it "appear" as though we operate in a free market.  At least Marxists, as sick as they are, have the balls to step out and claim their way.  Crony bitches hide behind a farce and pull liberty down as a result.

Who is the clueless one here?

Tue, 04/01/2014 - 10:02 | 4613555 TK69
TK69's picture

Capitalism is not the same as free trade.  Capitalism is only a byproduct of inflation.  Without inflation, governments of today cannot exist.  They inflate to horde resourves and to export these resources to others, while protecting friends and allies of the well connected.  In other words the money supply is inflated so that a constand stream of inflated currency can be taxed and thus spent for political ambitions.  Government is nothing more than means to concentrate wealth for the super rich. In other worlds, billion dollar profits means billion dollar taxes whcih can fund things like government benefits.  No capitilism = no socialism as these things cannot be afforded.

Wed, 04/02/2014 - 21:49 | 4619680 Pickleton
Pickleton's picture

Your two posts just above had me telling myself you're a dolt and I gave you the thumbs accordingly.  With this one, I had to reach out and just let you know you're a blithering idiot.

At best we have a corporatist/fascist system - and it's trending fast towards out and out fascism and hard left socialism/light communism.

Mon, 03/31/2014 - 18:28 | 4612143 poorhardworker
poorhardworker's picture

The chart may prove it...but my heart knows it!  I am sick of government intrusiion on my PERSONAL life and I hate the liberal/progressive/socialist democrats telling me that the Constitution is a "living" document!  The Constitution is a static thing that has been guiding our beloved country for 248 years to it's "former" position as the greatest place to be!!!  Now Obama has transformed us into a 3rd wor;d country...except we can still drink the water!  I am ready to rebel...any one else?

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