Martin Armstrong Discussion

[macsga]

Joseph Stiglitz on Greece's new memorandum:

“Deep-seatedly wrong” economic thinking is killing Greece

Among the puzzling aspects of the MoU are demands for reforms on things seemingly trivial as milk. While pensioners are eating out of garbage cans, the troika has been haggling over how old a carton of milk can be if it is to be labeled “fresh.” Stiglitz observes that if you look closely you see that special interests — in this case the big dairy companies of Holland — appear to be behind the reforms. Dutch milk sellers would prefer that their milk, which travels long distances to reach Greece, be allowed to call itself fresh — a move that will only hurt local dairies. By discouraging local production, the MoU paves the way for even more Greek unemployment and less demand for goods and services — hardly a recipe for economic health. (The chairman of the Eurogroup , it may be worth noting, is Jeroen Dijsselbloem, the Dutch Finance minister).

http://ineteconomics.org/ideas-papers/blog/joseph-stiglitz-deep-seatedly-wrong-economic-thinking-is-killing-greece

[1715133274]

1715133274

[username18333]

Joseph Stiglitz on Greece's new memorandum:

“Deep-seatedly wrong” economic thinking is killing Greece

Among the puzzling aspects of the MoU are demands for reforms on things seemingly trivial as milk. While pensioners are eating out of garbage cans, the troika has been haggling over how old a carton of milk can be if it is to be labeled “fresh.” Stiglitz observes that if you look closely you see that special interests — in this case the big dairy companies of Holland — appear to be behind the reforms. Dutch milk sellers would prefer that their milk, which travels long distances to reach Greece, be allowed to call itself fresh — a move that will only hurt local dairies. By discouraging local production, the MoU paves the way for even more Greek unemployment and less demand for goods and services — hardly a recipe for economic health. (The chairman of the Eurogroup , it may be worth noting, is Jeroen Dijsselbloem, the Dutch Finance minister).

http://ineteconomics.org/ideas-papers/blog/joseph-stiglitz-deep-seatedly-wrong-economic-thinking-is-killing-greece

(Colorization mine.)

[13e] that serves shipbuilders serves to produce?

Euthyphro
Evidently, Socrates, a ship.

Socrates
And that which serves housebuilders serves to build a house?

Euthyphro
Yes.

Socrates
Then tell me, my friend; what would the art which serves the [plutocrat]s serve to accomplish? For it is evident that you know, since you say you know more than any other man about matters which have to do with the [plutocrat]s.

Euthyphro
And what I say is true, Socrates.

Socrates
Then, in the name of Zeus, tell me, what is that glorious result which the [plutocrat]s accomplish by using us as servants?

Euthyphro
They accomplish many fine results, Socrates.

(Colorization mine.)

[SimpleIn]

Do you guys know how to read that kind of chart ?

have you read this?
http://www.armstrongeconomics.com/the-princeton-models-and-methodologies-a-users-guide/how-to-use-the-forecasting-arrays

No bad. Thanks!

[TPTB_need_war]

Joseph Stiglitz on Greece's new memorandum:

“Deep-seatedly wrong” economic thinking is killing Greece

Among the puzzling aspects of the MoU are demands for reforms on things seemingly trivial as milk. While pensioners are eating out of garbage cans, the troika has been haggling over how old a carton of milk can be if it is to be labeled “fresh.” Stiglitz observes that if you look closely you see that special interests — in this case the big dairy companies of Holland — appear to be behind the reforms. Dutch milk sellers would prefer that their milk, which travels long distances to reach Greece, be allowed to call itself fresh — a move that will only hurt local dairies. By discouraging local production, the MoU paves the way for even more Greek unemployment and less demand for goods and services — hardly a recipe for economic health. (The chairman of the Eurogroup , it may be worth noting, is Jeroen Dijsselbloem, the Dutch Finance minister).

http://ineteconomics.org/ideas-papers/blog/joseph-stiglitz-deep-seatedly-wrong-economic-thinking-is-killing-greece

I told you the NWO plan is a the largest capitalists trying to eliminate competition as the Industrial Age sinks into irrelevance.

Everyone needs to jump ship from that sinking top-down morass into the individually autonomous (grass roots, bottom-up) Knowledge Age.

[TPTB_need_war]

Volatility is skyrocketing (see the dire MA blog posts linked below). Gold making its perhaps last lower high, because the crash below $1000. Consider this bounce for BTC as a last chance to head for the exits before all hell breaks loose. Sure maybe we make a nosebleed run for $300 again, but who wants to risk being long now?

As more people realize it is safer to be short than long that is what drives the extreme low coming.

http://www.armstrongeconomics.com/archives/36215

http://www.armstrongeconomics.com/archives/36205

Nearly everyone who has argued with me has ended up eating their words later.

You confuse ego with leadership. I am very cordial with people, but leaders don't lead into mud just so they can placate the stragglers and losers.

I give you the readers a "heads up" that your bullishness is the sign that the bottom has not been reached yet. The bottom comes when you the bullish fools finally in desperation go short. Then the smart money covers their short position, you fools are bankrupted, and the next bull market starts.

You are the one who is throwing your ignorance around and hurting readers.

[TPTB_need_war]

Europeans leading the way to humanism which we discussed upthread (the linked video is revolting if think about your male evolutionary strategy being subverted by the State):

I was going to ask you if there is any truth to this thing which covered Switzerland a little bit:

  https://www.youtube.com/watch?v=aQIBpGu5I6E

If there is, I am extra glad that my ancestors got the fuck out of there.  I mean we've got plenty of similar problems over here on this side of the pond, but it does seem like you guys are leading the pack.

Bertrand Russel says that in 'scientific societies':

"Scientific societies are as yet in their infancy. . . . It is to be expected that advances in physiology and psychology will give governments much more control over individual mentality than they now have even in totalitarian countries. Fitche laid it down that education should aim at destroying free will, so that, after pupils have left school, they shall be incapable, throughout the rest of their lives, of thinking or acting otherwise than as their schoolmasters would have wished. . . . Diet, injections, and injunctions will combine, from a very early age, to produce the sort of character and the sort of beliefs that the authorities consider desirable, and any serious criticism of the powers that be will become psychologically impossible. . . .”----Bertrand Russell,1953

Looks like "the sort of character" the leaderships in all Western countries (at least) want would be a society of borederline retarded sexually confused zombie sheep.

[username18333]

Europeans leading the way to humanism which we discussed upthread (the linked video is revolting if think about your male evolutionary strategy being subverted by the State):

Should Roman humanism not have "subverted" (TPTB_need_war) its region's "male evolutionary strategy" (TPTB_need_war)?

[username18333]

I've noticed here in the Philippines, the females are vehemently anti-abortion and anti-birth control. It is very, very difficult to get them to take birth control pills and they are not that happy about using a condom. These are real women who want to have the real happiness of bearing children and raising a family. My own mother criticizes me when I don't force the women I am involved with to use birth control pills!

How would, within your "Knowledge Age," such women compete with the "career woman"?

[OROBTC]

I've noticed here in the Philippines, the females are vehemently anti-abortion and anti-birth control. It is very, very difficult to get them to take birth control pills and they are not that happy about using a condom. These are real women who want to have the real happiness of bearing children and raising a family. My own mother criticizes me when I don't force the women I am involved with to use birth control pills!

How would, within your "Knowledge Age," such women compete with the "career woman"?

I will allow TPTB to speak for himself, but women choosing to have babies (vs. a career) may very well be making the knowledgeable choice.

Humanity must reproduce to be a going concern.  Happy women tend to make happy mothers, who make happier children, who are then more likely to be positive and productive people (over-generalizing of course).

Not all "careers" are created equal.

[macsga]

I've noticed here in the Philippines, the females are vehemently anti-abortion and anti-birth control. It is very, very difficult to get them to take birth control pills and they are not that happy about using a condom. These are real women who want to have the real happiness of bearing children and raising a family. My own mother criticizes me when I don't force the women I am involved with to use birth control pills!

How would, within your "Knowledge Age," such women compete with the "career woman"?

I will allow TPTB to speak for himself, but women choosing to have babies (vs. a career) may very well be making the knowledgeable choice.

Humanity must reproduce to be a going concern.  Happy women tend to make happy mothers, who make happier children, who are then more likely to be positive and productive people (over-generalizing of course).

Not all "careers" are created equal.

username18333: By no means the first excludes the other from the equation. Most successful women I know are successful mothers as well. Besides, a career (no matter how successful it may become) never matches a child's happy moments. Children are the way for us to live forever. They're our eyes to the world when we will be no more; those failing to understand that our "immortality" is based on our children are completely ignorant and fools.

That's the reason we need to raise our children the best way we can. Don't misunderstand this with us providing "more and more money" to study them well, or to provide them with the best food and education. A child well raised is a child well loved. This is the way we should raise our children in order to provide better ground for the world to stand. Not by following our "career" with the cheap excuse "to have money for my child".

If I could; I'd have more than one child. Unfortunately, because of health issues of my wife, it wasn't possible. But I don't complain; he's an unexpected gift already.

[bigtimespaghetti]

Looks like the top of the UK housing bubble (even maybe in areas of London) has just peaked with this new legislation proposal. Will be interesting to see what actually is passed. I'm somewhat surprised by this move since so many MPs in Westminster own rental properties themselves...

http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/11816720/Death-of-buy-to-let-landlords-wake-up-to-Osbornes-150pc-tax.html

The unfortunate consequence I agree with in the article is this:

"● a degree of tax that pushes them into loss, making their investment financially unviable and forcing them to increase rents sharply – or sell."

Seems it's just a money grab... As MA has predicted. Glad to see the Uk gov is continuing their consistent tinkering with the property market.

[TPTB_need_war]

Most successful women I know are successful mothers as well.

Probably the majority of them would have no career if not for the socialist government forcing employers to give a preference to hiring females for jobs where they are hormonally not the most qualified. Sorry to speak damned facts.

Thus I question the use of the term 'successful'. The entire society has been destroyed by the socialism.

I am not against the exception, such as Barbara Liskov in computer science. Heck the world champion female sprinters can run faster than I did at my peak. I am speaking about the reality of the distribution.

This humanism in Europe that thinks women and men should be raised with the same directions for vocations is eugenics insanity.

macsga sorry I don't think there is a non-evil improvement for democracy. Let's burn the entire concept and form a decentralized meritocracy.

I will allow TPTB to speak for himself, but women choosing to have babies (vs. a career) may very well be making the knowledgeable choice.

Females impart their evolutionary strategy by the genes of the men they choose to mate with and the rearing they can give their offspring. Females only rarely directly drive the major technological or philosophical advances that drive society. Sorry but these are damned but true facts.

[macsga]

[...] I question the use of the term 'successful'. The entire society has been destroyed by the socialism.
I am not against the exception, such as Barbara Liskov in computer science. Heck the world champion female sprinters can run faster than I did at my peak. I am speaking about the reality of the distribution.
This humanism in Europe that thinks women and men should be raised with the same directions for vocations is eugenics insanity.
macsga sorry I don't think there is a non-evil improvement for democracy. Let's burn the entire concept and form a decentralized meritocracy.

I will allow TPTB to speak for himself, but women choosing to have babies (vs. a career) may very well be making the knowledgeable choice.

The term "successful" is subjective to one's fundamental principles; I for one, consider a woman (highly educated or not) more successful if she's a devoted mother, rather than possessing a chief position in a corporation. One cannot exclude the other though, in a country like Greece, the paradigms are fuzzy, which points the outcome of the discussion to the personal opinion of each and everyone. FWIW: Most women I've asked on the subject (MDs, Physicists, Mathematicians, Scientists) agree with my point of view.

Females impart their evolutionary strategy by the genes of the men they choose to mate with and the rearing they can give their offspring. Females only rarely directly drive the major technological or philosophical advances that drive society. Sorry but these are damned but true facts.

Agree! Last century's eugenics physically occurred based on the choice of the women. We never get to "choose"; they do! We just hunt them! FWIW: This gets to change in many places in the world; I'm in position of knowing that we can fortify the "creation" of smarter kids without the need of a woman or man anymore... Don't tell Bioethicists I told so...

[username18333]

The term "successful" is subjective to one's fundamental principles; I for one, consider a woman (highly educated or not) more successful if she's a devoted mother, rather than possessing a chief position in a corporation. One cannot exclude the other though, in a country like Greece, the paradigms are fuzzy, which points the outcome of the discussion to the personal opinion of each and everyone. FWIW: Most women I've asked on the subject (MDs, Physicists, Mathematicians, Scientists) agree with my point of view.

However, every second devoted to a child is one less second devoted to surmounting those that devoted the second to surmounting you. (Note: those you reference do not, as of yet, compete within the "Knowledge Age.")

[macsga]

The term "successful" is subjective to one's fundamental principles; I for one, consider a woman (highly educated or not) more successful if she's a devoted mother, rather than possessing a chief position in a corporation. One cannot exclude the other though, in a country like Greece, the paradigms are fuzzy, which points the outcome of the discussion to the personal opinion of each and everyone. FWIW: Most women I've asked on the subject (MDs, Physicists, Mathematicians, Scientists) agree with my point of view.

However, every second devoted to a child is one less second devoted to surmounting those that devoted the second to surmounting you. (Note: those you reference do not, as of yet, compete within the "Knowledge Age.")

One can argue; that by using the way I described, they actually have more potential on creating a new one...  

[username18333]

The term "successful" is subjective to one's fundamental principles; I for one, consider a woman (highly educated or not) more successful if she's a devoted mother, rather than possessing a chief position in a corporation. One cannot exclude the other though, in a country like Greece, the paradigms are fuzzy, which points the outcome of the discussion to the personal opinion of each and everyone. FWIW: Most women I've asked on the subject (MDs, Physicists, Mathematicians, Scientists) agree with my point of view.

However, every second devoted to a child is one less second devoted to surmounting those that devoted the second to surmounting you. (Note: those you reference do not, as of yet, compete within the "Knowledge Age.")

One can argue; that by using the way I described, they actually have more potential on creating a new one...  

In service of, but, its successors' successions (ad infinitum)?

[macsga]

In service of, but, its successors' successions (ad infinitum)?

Terminologically wise; and a solid basis of a hypothesis to have a conversation on; (ad infinitum) it is...

[TPTB_need_war]

1. TPTB have no conception of themselves benefiting from a Knowledge Age if they don't expand their monopolies. They are fighting over a smaller pie and have even stated that is their goal, e.g. Georgia Guidestones et al. Individual members may avail of anonymous means of hiding wealth and as anonymous competition within their ranks.

2. Boomers are philosophically against self-control and survival without a State. The State and hedonism are their glorious creation. They'll abandon it only when they're dead. The boomers drove the education and culture of the society of the generation after the X gen (my generation observed the transition and the State breaking the family unit so we rebelled, at least in the USA and I don't know about Europe). It is only the X gen (my generation) would are somewhat prepared en masse. From the latter generations in the West, there are a some exceptions on an individual basis and especially in the USA. Outside the West, the people are more prepared in the sense that many grew up surviving in difficult circumstances, even agrarian; and they have lower debt and State unfunded actuarial social welfare liabilities. But most in the developing world even though they didn't have the State take care of them, are very much socialist and want to copy the Western socialism asap.

3. So the likely outcome is very similar to Rome's fall. First the waterfall collapse, then as Constantine did, a renewed socialism religion towards global socialistic contract via a one world reserve currency with all axis powers sharing a vote in its global central bank. The youth of the world will follow starry-eyed into the NWO eugenics. The Knowledge Age will marching ahead growing much faster than that political morass. The political morass will be attempting to parasite the Knowledge Age with expropriation and taxation. I think in the end, that unproductive old world economy dies. But it will die hard because TPTB and boomers did such a glorious job of indoctrinating the world into socialism.


------------------------------------------------------
I know how fast things escalate (according to history et al) in a down-wards spiral - but spurred by your recent posts about the fall of Rome, I was contemplating that the real suffering in Europe/west likely won't come before a generational shift. Yes, we will likely see a waterfall event - and fall down very fast - however, we still have a two generations that have a lot of know-how. However, the young generation seems to largely have lost that - for several reasons. One being they never learned to take care of themselves (in many ways, physically, mentally, growing food, repairing things, hedonism, innovate etc) because the state does that for them. The older generations still have some of all that knowledge inherent in them. Secondly the thought is that the large rates of unemployment escalates this issue, where most young people in their most productive and years, where they should learn the most, are not learning anything new. They are not being handed any knowledge - in fact many places we see them being handed inferior knowledge (purposefully or not, e.g. Common Core).. And many are not seeking it themselves either.(i.e your point about Westerners being fucking lazy... most of them..)

By saying all that, I'm not disregarding things turning to shit real fast. I'm probably arguing why it will continue to keep falling down.

I am also thinking that if TPTP are smart(er) and not just self-propagandized to believe that top-down control rules everything, then they should allow for a knowledge age to flourish in which they themselves can benefit. If they tread too hard and too much they suffer themselves (in what's available etc.)

------------------------------------------------------
Aug 23

Armstrong's computer predicts that political divide in the USA but it might take longer than a few years. Looks like the USA will swing hard to the right politically this Nov 2016 election, then riding the up to the 2017.9 peak and then after fall into the economic abyss. 2018 forward is going to probably pandemic, war, chaotic shift in personal financial status every where.

So if I were you, I'd be preparing a plan B bug out for 2018ish, just in case you need it. If you don't need it, then great. But better to be prepared than not.

[MF Doom]

1. TPTB have no conception of themselves benefitting from a Knowledge Age if they don't expand their monopolies. They are fighting over a smaller pie and have even stated that is their goal, e.g. Georgia Guidestones et al. Individual members may avail on anonymous means of hiding wealth and as anonymous competition within their ranks.

2. Boomers are philosophically against self-control and survival without a State. The State and hedonism are their glorious creation. They'll abandon it only when they're dead. The boomers drove the education and culture of the society of the generation after the X gen (my generation observed the transition and the State breaking the family unit so we rebelled, at least in the USA and I don't know about Europe). It is only the X gen (my generation) would are somewhat prepared en masse. From the latter generations in the West, there are a some exceptions on an individual basis and especially in the USA. Outside the West, the people are more prepared in the sense that many grew up surviving in difficult circumstances, even agrarian; and they have lower debt and State unfunded actuarial social welfare liabilities. But most in the developing world even though they didn't have the State take care of them, are very much socialist and want to copy the Western socialism asap.

3. So the likely outcome is very similar to Rome's fall. First the waterfall collapse, then as Constantine did, a renewed socialism religion towards global socialistic contract via a one world reserve currency with all axis powers sharing a vote in its global central bank. The youth of the world will follow starry-eyed into the NWO eugenics. The Knowledge Age will marching ahead growing much faster than that political morass. The political morass will be attempting to parasite the Knowledge Age with expropriation and taxation. I think in the end, that unproductive old world economy dies. But it will die hard because TPTB and boomers did such a glorious job of indoctrinating the world into socialism.


------------------------------------------------------
I know how fast things escalate (according to history et al) in a down-wards spiral - but spurred by your recent posts about the fall of Rome, I was contemplating that the real suffering in Europe/west likely won't come before a generational shift. Yes, we will likely see a waterfall event - and fall down very fast - however, we still have a two generations that have a lot of know-how. However, the young generation seems to largely have lost that - for several reasons. One being they never learned to take care of themselves (in many ways, physically, mentally, growing food, repairing things, hedonism, innovate etc) because the state does that for them. The older generations still have some of all that knowledge inherent in them. Secondly the thought is that the large rates of unemployment escalates this issue, where most young people in their most productive and years, where they should learn the most, are not learning anything new. They are not being handed any knowledge - in fact many places we see them being handed inferior knowledge (purposefully or not, e.g. Common Core).. And many are not seeking it themselves either.(i.e your point about Westerners being fucking lazy... most of them..)

By saying all that, I'm not disregarding things turning to shit real fast. I'm probably arguing why it will continue to keep falling down.

I am also thinking that if TPTP are smart(er) and not just self-propagandized to believe that top-down control rules everything, then they should allow for a knowledge age to flourish in which they themselves can benefit. If they tread too hard and too much they suffer themselves (in what's available etc.)

------------------------------------------------------
Aug 23

Armstrong's computer predicts that political divide in the USA but it might take longer than a few years. Looks like the USA will swing hard to the right politically this Nov 2016 election, then riding the up to the 2017.9 peak and then after fall into the economic abyss. 2018 forward is going to probably pandemic, war, chaotic shift in personal financial status every where.

So if I were you, I'd be preparing a plan B bug out for 2018ish, just in case you need it. If you don't need it, then great. But better to be prepared than not.

So the the whole 2015.75 (sept/oct) predictions of another financial collapse are now slated for 2018?

It just seems like these predictions constantly get thrown around, and every time nothign comes of them, they are ust pushed out a year or two

[TPTB_need_war]

So the the whole 2015.75 (sept/oct) predictions of another financial collapse are now slated for 2018?

It just seems like these predictions constantly get thrown around, and every time nothign comes of them, they are ust pushed out a year or two

You want sound bites instead of actually studying in detail that is why you misunderstand.

We have explained many times that the model is the contagion outside the USA starts to accelerate as of Oct 1.

This will cause stampede of capital into the USA, with rising dollar and interest rates in the USA, while the rest of the world falls off the cliff. By 2017.9, this will force the USA over the cliff.

By 2018, we'll in the global contagion hell (USA was the final straw holding up the global economy) yet by 2020 Asia will bottom. Yet the West will continue to collapse. As some point a political axis power-sharing global monetary reset into a NWO one-world reserve currency (by 2032 at the latest), and then we'll see some tenuous global stability, but that political morass will be a parasite that must die. And the West will continue to decline in relative networth for decades. The strong dollar and rising interest rates (as well the prior dollar QE caused via ZIRP carry trade the $9 trillion dollar-short debt in the developing world) while rest of the world collapses will be one of the political justifications for the one-world reserve currency. Also it will be Asia's rising relative networth after 2020.

A radical change to the world begins in earnest this Oct. 1. It is a decades long turbulence.

This is a 309.6 year confluence of cycles event (Civilization change cycle, Public/Private cycle, War Cycle, Pandemic Cycle, etc). Very rare. Happened only a few times in recorded history of the world.