Martin Armstrong Warns "This Time Is Very Different"

Tyler Durden's picture

Submitted by Martin Armstrong via ArmstrongEconomics.com,

For years, I have warned that we will face our worst nightmare – the collapse of socialism. In the death throes of this abomination that even the Ten Commandments listed as a serious sin, equal to “thou shalt not kill”, government will become the ugly beast that will devour society to retain power.

capitalism-vs-socialism

 

Of course, they will never see themselves that way, but they will justify in their minds that stripping us of our freedom, rights, privileges, and immunities, is necessary to maintain socialism for the good of the people.

Thatcher-Socialism

We are running out of other peoples’ money, as Margaret Thatcher warned.

 

Marx-Changing World

Karl Marx, who sought to change society by sheer force, set all this in motion. What has taken place is really scary, for indeed they have altered society far more than anyone dares to ponder.

Why is this Sovereign Debt Crisis collapse different from 1931? When the governments of the world defaulted on their debts in 1931, there were no pension funds. Government has exempted itself from all prudent reason for you take the state operated pension funds, like Social Security in the USA, where 100% of the money is in government bonds. They may have no intention of defaulting, but very few government have ever paid off their debts in the end. Then there are states who regulate pension funds requiring more than 80% to be in government bonds.

A Sovereign Debt Default this time around will wipe out socialism, yet the bulk of the people are clueless not merely about the risk, but the ramifications. Younger generations do not save to support their parents for that was government’s job post-Great Depression. Socialism has altered thousands of years of family structure following the ranting of Karl Marx. This has been one giant lab experiment that ended badly in China and Russia and is coming to a local government near you.

So this time it is SUBSTANTIALLY DIFFERENT. Government is now on the hook, which is part of the reason why they are moving to eliminate cash to prevent bank runs and to force society to comply with their demands. This is why we have people like Gordon Brown, who sold Britain’s gold reserves in 1999 making the low, claiming now that eliminating cash will eliminate the boom and bust of the business cycle. Let’s face it, Gordon Brown has NEVER been right when it comes to politics, not even once, and he has been the worst manager of finance that Britain has ever known. He sold the low in gold and now he presumes he can fulfill Marxism by eliminating cash. He postulates ideas that are theory without any support whatsoever. We cannot afford more arrogant people like this in politics who believe they have a right to experiment with society.

This time it is very different. They have wiped out society placing the entire scheme of socialism as a terrible nightmare that will end badly, and they have ruined the social family structure disarming people that for thousands of years was our very means of self-sufficient survival. These clown have set the tone for wiping out the dreams they sold the elderly, all while hunting taxes and causing job creation to implode as the youth has been converted into the lost generation. All this with pretend good intentions. Can you imagine the damage to society if they had actually intended this mess? They have lied to themselves and to the people. We have to crash and burn – that part is inevitable. Only when the economy turns down will we then argue over solutions.

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PrecipiceWatching's picture

Hmmm..... "this time" its different.  'kay.

 

The Collectivist crooks had become world class adept at kicking that long overdue comeuppance can down the road.  So...Yawn.

 

 

More importantly:

 

I wish I had Roger Federer's magnificent backhand.

SickDollar's picture

 no shit we know this time it will be different

tell me something i dont know, like when are they planning to crash the dollar /

time to learn Chinese and Russian bitchez

 

SafelyGraze's picture

"they are moving to eliminate cash to prevent bank runs and to force society to comply with their demands"

the joke is on them, because lots of us have american express gold cards with, like, a 500k limit.

also we have defined benefits packages in addition to soc sec.

plus a homeowner's association.

no government can stand up to the triple whammy of citizens with credit cards, defined benefits, and associations.

hugs,
den 5396 of the Friendship Club of America

 

nuubee's picture

How are the followers of Karl Marx not extremely embarassed to follow the philosophy of a man who said something so stupid?

"Philosophers have only previously interpreted the world, but the real task is to change it."

^^ Retarded. Philosophy by definition is descriptive, not prescriptive. The moment you become prescriptive as to how people should live, you become a cult leader, and should be judged along with any other religion.

SoilMyselfRotten's picture

the joke is on them, because lots of us have american express gold cards with, like, a 500k limit.

 

And that is unlike cashless how?


whotookmyalias's picture

The other reason it's different now is that people are less and less self-reliant. How many people, even on this site, grow their own food and know home remedies?How many could fix their own car or catch on as a day laborer laying bricks?  We've lost skills, experience, and knowledge that took mankind thousands of years to develop.  Dandelion wine, anyone?

SoilMyselfRotten's picture

Just noticed gold closed $1,188.80, silver 16.66. Ok, we trying to send somebody a signal here or what? This shit does not happen by accident, although i know they do love their numbers.

Achilles Heel's picture
Achilles Heel (not verified) SoilMyselfRotten May 28, 2015 8:15 PM

It's a signal that you have too much time on your hands.

Shock and Awe's picture
Shock and Awe (not verified) Achilles Heel May 28, 2015 8:53 PM

Capitalists make me wanna fucking puke! Kill them all!

Americans have been lied to since the beginning. Capitalism is only good for the boys from israel.

cnmcdee's picture

Wanna make 100x your money in the next 60 days? Buy FAZ? Why? Because I have a strong suspicion without leaking details that the next false flag is gonna go, it's gonna be BIG, will bring martial law and the nuclear strikes inside Iran.

Richard Chesler's picture

Fucking shithead post just means tne ES is about to ramp another 100 points.

Fucking shithead!

 

J S Bach's picture

"Can you imagine the damage to society if they had actually intended this mess?"

 

Sir... they DID intend this mess.  It's what they were born to do... wreck nations and cultures.

Read the "forged" (and entirely accurate) Protocols of the Learned Elders of Zion.

http://xroads.virginia.edu/~ma01/Kidd/thesis/pdf/protocols.pdf

Richard Chesler's picture

The solution to the jew problem doesnt seem so far fetched anymore.

 

TahoeBilly2012's picture

Karl Marx was no more a socialist than Paul Krugman is a Kenyesian, they just play those guys on TV...they are social engineers with an obvious perverse plan of global enslavement. The founding of the Soviet Union by the Tribe(tm) is prophesized in the Protocols of Zion, just as the destruction of ALL nation states is, look at the Mid East, the Euro Zone, the attempt on Russia...interesting isn't it, all coming at once. There is one "ism" Zionism, always was.

Gobbler's picture

I'm with you.  Karl Marx was a revolutionary bent of enslavement.  Greedy capitalists just use him as a monster in the closet.  I'll take my chances with affordable education and healthcare.  If I get locked in a FEMA Camp, then so be it.

Weisshaupt's picture

Says the guy who wants to hold a gun to the heads of others to make them provide education and health care to him as a "free lunch". If you advocate taking from others what they produce by force to benefit you - to grant you thing you neither paid for nor earned- you are the one advocating enslavement - it doesn't matter that you plan to give of your booty to noncontributing zeros who can't provide enough value to others to pay their own way in life in return for a vote that will allow you to steal yet more from other who produce. (I same "some" because the pigs always move into the farm house)

You won't be locked in a FEMA camp. FEMA camps are for people who don't want to be slaves and find slavery abhorrent. There those types will be "re-educated" (for free!) or slaughtered if they resist.

You want all of the benefits of being a slave- "free housing", "free clothing", "Free healthcare" and a Guaranteed job (we will train you - there is your education!). You are perfectly happy to give up your life ( and mine too) to make that happen - to let the government make everyone dependent upon it for survival - to use force to persecute those who live independently - No FEMA camps for you my friend. A useless idiot like you will get your fondest wish. Life in Poverty as their slave- with no responsibilities other than to do as you are told, and the government will "take care" of you like the 5 year old you want to be - just a 5 year old capable of hard labor.

How do I know this? Read some history. It is what happens every time your ideology takes hold.

Balanced Integer's picture

The Protocols of the Learned Elders of Zion WERE forged, and you are an idiot for believing otherwise.

The Protocols is one of the best-known and most-discussed examples of literary forgery, with analysis and proof of its fraudulent origin going as far back as 1921. Is it too much to hope that the clowns who think that the Protocols are the Real Deal might get with the program by now?

Elements of the Protocols were plagiarized from Joly's fictional Dialogue in Hell, a thinly veiled attack on the political ambitions of Napoleon III, who, represented by the non-Jewish character Machiavelli, who plots to rule the world. The Protocols 1–19 closely follow the order of Maurice Joly's Dialogues 1–17. 

But never mind all of that. Answer this one question with something resembling sane logic and I'll withdraw my earlier critique of your intelligence: If The Protocols of the Learned Elders of Zion are indeed the blueprint for Jew domination of Earth, why does it not advocate for Zionism AT ALL in the document? Perhaps you think the "Learned Elders" were anti-Zionists, ha ha!

 

3Wishes's picture

All boy raping joos say that.

J S Bach's picture

What the hell does it matter if they WERE forged?!  The fact is, they have been and ARE being carried out to the letter!  Suppose someone claimed that the New England Patriots playbook was "forged".  What does it matter?  Every play is carried out brilliantly and they win the big game.  Suppose this playbook never mentions the name "Patriots" in it.  Yet, the Patirots are the ones using the plays and winning.

Okay, so the Protocols never mention the word "Zionist".  Yet, the Jews alone are the ones using the diabolical formulae and winning.  I don't understand the fixation with people on the word "forged".  The important fact remains... the Protocols are being carried out and therefore cannot be ignored.

ThanksChump's picture

Uh huh. And all mobsters are Italian. Thought experiment: Replace the term Jew with Bankster. Humor me...

 

All banksters fit the Protocols profile. But not all banksters are Jews, despite the sterotype.

Moe Howard's picture

Not all banksters are Jews, you are right. But most are.

ThanksChump's picture

Yep. The wiki link would have been a lot easier to type, but thanks.

 

Folks here wouldn't read that either. Confirmation bias and all.

greenskeeper carl's picture

why would a false flag, martial law, and war with iran cause the financials to crash? War is big money for the big banks...

weburke's picture

govt borrows 5 trillion, spends it the helicopter method, writes it off gets another 5 trillion, minimum living wage is where we are headed, at a greatly lessened population.

cornflakesdisease's picture

Then who will clean the 1% pools and iron their shirts?

Vullsain's picture

 What Capitalism!! It is a hybrid Socialist /Corporatist State. We get what we deserve. Fuckin nation of lemmings, leaches and sociopaths.

DeanWinchester717's picture

lol agreed.  Capitalism in it's current form that Reeks of Iniquity (also something the bible warned about) is the failure here.  I'm not for socialism extremes either, but where the hell in the 10 commandments is either capitalism or socialism listed?! LOL  WTF?  Riiiight.  Everyone's got an f'ng agenda these days and it's usually greed motivated, based in selfishness and keeping things unfair for the masses.  Society is stuck on derp mode.  

Oldwood's picture

Most slaves were not restrained by chains or locked doors, they were restrained from running away because they were dependent upon their master and knew little else. there is a very good reason why slave owners deliberately deprived their slaves of any education, especially the ability to read. Tyranny depends on our dependency.

jbvtme's picture

tyranny depends on the lack of courage

max2205's picture

Same DOOM different day 

willwork4food's picture

So what? We are in different days now. Grow some balls and fight.

Confused's picture

We are always in different days. The next war is always the big one. And there have been many. Somehow people continue, and the game continues. 

Nothing has changed, except for "our" (first world) way of life. So in those terms, the stakes are higher. Ask someone from a third world country. I wonder if they think things are different. 

 

3Wishes's picture

But tyrants die gruesome deaths when they make cowardly mistakes.

MASTER OF UNIVERSE's picture

I'm a Mechanical Engineering Technician -Tool & Die Maker, fisherman, chainsaw wielding seventh generation CANADIAN that smokes Aboriginal smokes, and homegrown CANADIAN bud. In terms of the Upper Paleolithic hunter gatherer toolmaking ways of Aboriginal CANADA, I am fairly adept. I could make a boat in the bush with only an axe and a knife if I had to. I'm no hunter as I don't have a gun or permit, but I can fish enough to survive in the bush if I had to. And shelter in the bush or wilderness is not hard to make for someone with my skills. In brief, I have not lost my natural skillset for survival in CANADA if SHTF.

Shock and Awe's picture
Shock and Awe (not verified) MASTER OF UNIVERSE May 28, 2015 9:07 PM

I could make a boat with 3 dead bodies if my buoyancy calculations are correct. If not then I will need 1 more dead body.

Winston Churchill's picture

Just as well you will be right there then.

Money Counterfeiter's picture
Money Counterfeiter (not verified) Winston Churchill May 29, 2015 12:10 AM

okay

3Wishes's picture

Counting yourself in that equation is common core ?

usednabused's picture

Ha, when the SHTF you will choke. Why?? Because you're way too fucking full of yourself

MASTER OF UNIVERSE's picture

Very intuitive of you to state that I would choke when in actuality I have always planned on opting for a dirt nap if SHTF and I had to suffer without electricity, Internet, food, beer, Snickers Bars, bud, 100% Columbian coffee, 10% Cream, 2% Skim Milk, eggs, chicken, fish, beef, butter, orange juice, 12 grain bread, raisin bread, cigarettes, cigars, wine, whiskey, televison, phone, running water, hot water, et cetera. Frankly, you are right I would die, methinks, but I would know how to build a boat, chop wood, and build a cabin if I had all that survival stuff I mentioned. Actually, I forgot tunes. I would have to have tunes to survive long term. No Rock & Roll, Blues, R&B, Jazz, Soul, Rockabilly, Boogie Woogie, Swing, Bluegrass, et cetera, and I would fall to pieces without a doubt whatsoever.

willwork4food's picture

Yea, the running water, beer and cigs would definitely piss me off. But hot water is a nice touch when it's below freezing.

TahoeBilly2012's picture

That's the exciting part of the collapse, no one knows what happens...the thrill of a lifetime.

3Wishes's picture

Fuck yeah, Man and woman were born to take up arms and kill shit to live another day, Taste your own blood to prove your still alive, F-K yeah. 

Boondocker's picture

Can't live on just fish, but all of those skills are great!

cornflakesdisease's picture

The fact that you smoke pot tells me you can't deal with everyday stress.

MASTER OF UNIVERSE's picture

When I was younger I drank to the point where I figured I had better avoid booze in life if I wanted to keep my drivers license and life. I have been smoking pot for over 40 years now and the only time I smoke pot for stress reasons is when I have a tooth ache. When stress hits my life I watch old classic movies until I am destressed. Moreover, I have an Honours BA in Experimental Psychology so when stress hits I am well versed in terms of dealing with it psychologically. I majored in Personality Theory/Clinical Psychology in University and was courted by the University of Hawaii Director of Clinical Psychology before I graduated. Suffice to say that I decided not to go to graduate school at the University of Hawaii because I would have owed way too much money to the Gubberment upon graduation. And I did not want to be stuck in the middle of the Pacific Ocean owing George W. Bush and the American Gubberment over $200,000.

 

Psychology has always been my main game in life.

TheMeatTrapper's picture

"How many people, even on this site, grow their own food and know home remedies?How many could fix their own car or catch on as a day laborer laying bricks?  We've lost skills, experience, and knowledge that took mankind thousands of years to develop.  Dandelion wine, anyone?"

BINGO!

Growing food, trapping meat and building things requires knowledge, practical experience in your environment, tools and perseverance that takes years to acquire. 

http://meattrapper.com

cornflakesdisease's picture

Your are large and erect.  Can we bow down to you?

Down to Earth Thinking's picture

I can and do all of the above and much more in spades. l can probabaly kick your ass as well ?

 

Nww that is the only security, bar none.