Dateline: 26 January 2015
I like to listen to a lot of different economic analysts. But I don’t listen to anything presented by the mainstream media. That’s because the mainstream media is clearly a propaganda arm of the government-corporate cartel that now runs America. You know this already, right?
So I listen to (and read) alternative economic discussion on the internet. To a man (and woman), all these independent economic analysts are expecting an economic catastrophe in America's future. For so many economists to agree on something of such magnitude is rare, because economists are well known for having different opinions.
But there is certainly no consensus among these people about exactly how the economy will eventually implode. For example, many have been predicting a hyper-inflationary crash, while a few have been predicting a deflationary crash.
Among the deflationist minority has been Martin Armstrong.
Martin Armstrong is a fascinating fellow. When you first see him, or to listen to him, or read his writings, you might not recognize him for what he is, which is a high level (governments and institutions), world-class economic advisor with an amazing track record of accuracy in his predictions (so the story goes).
Martin is a long-time student of history and, if I understand correctly, he has developed a computer program (based on pi) that looks at historical cycles and predicts upcoming economic events with uncanny precision. I know it sounds a little crazy, but stick with me here.
Martin Armstrong’s computer-model predictions were so correct that he attracted the attention of the FBI. To make a long story short, he spent 12 years in prison, seven years of that time he was in prison for contempt charges. Martin says the government wanted the source code of his computer program, but he wouldn’t give it to them. They accused him of manipulating world financial markets.
Martin Armstrong’s story is being made into a documentary titled The Forecaster. HERE is the link to one trailer of the movie on YouTube. HERE is another trailer link. I'm looking forward to seeing this movie when it is finally out.
You can listen to a recent interview with Martin Armstrong At This Link.
And you can read Martin Armstrong's blog HERE. I get all Martin's blog posts by e-mail (several a day lately). I suspect that every economist in the world is reading Martin Armstrong.
Martin Armstrong's computer model has been telling him that we are in for a significant crisis event on 2015.75. That is his way of saying the 3rd quarter of this year. Specifically, on or just after, October 1, 2015.
We will find out if The Forecaster is right on this call soon enough.
Empire & Deflation
(from This Blog Post)
"Empires do not die by hyperinflation – that is reserved for the fringe. When an empire dies, it historically has ALWAYS been by deflation/stagflation. How? Real wealth is driven from the aboveground economy into the underground economy where it is hoarded and tucked away. This is why we find hoards of Roman coins. This reduces the velocity of money and commerce collapses. This is ALWAYS AND WITHOUT EXCEPTION how empires die."
The British Empire did not die of hyperinflation. The pound collapsed in value. It did not inflate into oblivion. The British Empire simply rolled over and died. The decline of the sterling silver penny of England was no different a path than the decline and fall of Rome. The United States will follow the same path and that means there is a risk that it will break apart into regional sections ONLY AFTER the dollar is hit very hard following Europe and then Japan.
This is fairly simple. All the hyperinflationists can point to is Germany and Zimbabwe. They can offer not a single historical example of how hyperinflation ever destroyed any empire. I have no vested interest in hyperinflation or deflation. I simply do the research and let the evidence speak for itself. This is just not a personal opinion issue in the least. Both will lead to the same end result – the death of an empire. Why must there be an argument over such nonsense? It is DEAD from fiscal mismanagement!
When an empire dies that is the major reserve of all nations. We must be concerned about a complete meltdown and the breakup of the nation long-before hyperinflation would even be possible.