Economic Evolution & the Sixth Wave - The last Sixth Wave marked the peak in the Roman Empire

Bursting Debt Bubble To Cause Chaotic And Destructive Worldwide Depression

As the entire global economy sits mired in a lost decade, it is becoming clear QE failed to do anything but re-inflate old asset bubbles. But even much worse, it has created a massive new bubble in the global debt market. When this bubble bursts it will cause a worldwide depression.

That is a terrible price to pay in order to provide the illusion of unsustainable and anemic economic growth; and to further the distance between the average worker and the richest 1% on the planet. The middle classes are quickly losing faith in governments and central banks to provide sustainable growth. Asset bubble creation and the destruction of living standards is all they have achieved.


[link to kingworldnews.com]





Last Edited by No Dhimmi on 04/06/2015 08:41 AM

Thread: The collapse of Socialism (aka: Leftism) is unfolding before everyone’s eyes

It will require NO EFFORT of some sinister group.to collapse the system. It will happen without anyone’s help. The US debt structure never paying anything off is the same fatal flaw. The economy will collapse regardless of the desire of any group. Yes these structural flaws could be fixed right now. But that requires government changing and letting go of some power. Hence, the collapse is inevitable.

- - Martin Armstrong

[link to armstrongeconomics.com]


Live With Martin Armstrong: Political Gambling & Next Major Market Collapse (Mar 9, 2014 / Starts at 24:35 with Martin)

:FDIC Not:

The world is rapidly throwing off US financial domination. The global financial system is starting to reset. Global financial and political dominance is shifting.

As with any great change, there are going to be people who get completely wiped out—primarily, people who didn’t see the change coming or chose to ignore the trend.

The flip side of this is that, for anyone with the intellectual courage and independence of mind to be paying attention, this is a time of extraordinary opportunity.

Some of the wealthiest people in Europe were minted in just a few years during the Weimar hyperinflation of the 1920s.

And some of the greatest fortunes in the world (some of which still exist today) were made in the early days of the United States as the country rose to dominance.

That’s ultimately the opportunity we have today. We can’t do anything about the trend. It’s happening.

What we can control is how we react to it: ignore it at our own peril, or seize the opportunities that come from it.


Simon Black

Money Is Not Safe In The Big Banks .

People think that money is safe in the big banks because the FDIC will protect the deposits. This assumption is not based on the facts. This video will show official government documents that describe the plans for confiscating deposits when, (not if) a big bank fails. Individual, as well as public funds from municipal, university, county deposits are at serious risk. YOUR taxpayer money will disappear in the next crisis! Public officials in charge of taxpayer funds need to be aware of the dangers here. The loss of taxpayer funds and the inability to meet payrolls and obligations will certainly prompt a response that will both immediate and forceful

Central banks can't keep the game going forever

Published on Jan 19, 2014

One of the smartest women in finance, Danielle Park from Juggling Dynamite speaks with Cambridge House Live's Bridgitte Anderson about her perspective on the markets and what investors should be looking out for. In particular, she has some fascinating things to say about central banks and how much longer the music (ie: QE) will keep on playing.

Government is hunting down every penny it can find. It will destroy the economy in the process and that is the ultimate irony. Western governments are simply unsustainable. We cannot constantly confiscate assets and pour them into interest payments and pensions of state employees to sustain government. The economy grows weaker and the revenues decline as government becomes more and more aggressive.

First comes the economic decline – then comes the Revolution that is the final straw. So what must take place FIRST is the economic collapse and that will then lead to discontent. Why do you think they are passing all these laws one step at a time that follows a planned path only an idiot cannot see because they do not wish to.

[link to armstrongeconomics.com]

This thread needs to be pinned for the rest of the year and only the OP can post to it to keep out the idiots. Wait, the GLP idiots won't understand this thread to begin with. 5 stars.

good article

[link to www.sovereignman.com]

In september, Greece defaults and everyone finds out the Troika jaw-boning of "containment" was just all talk...several EU banks go under, the EM have an extreme crisis...the US and it's banks find out they are in no way decoupled from this global crisis...china meanwhile hard lands with a housing bubble pop unlike any other...abenomics suffers an insane blowblack as the yen collapses...the dollar runs up to 180 on the USDX purely because it's seen as the last safe haven, but then it pops...no one now wants any currency, gold is going up 1000 every few days. The reset begins.

Sep/Oct may be very interesting times

Thread: Financial Collapse of the US on 13-23 Sept 2015 ? / The Harbinger

Historical Cycles Point to Coming Clash


Authors William Strauss and Neil Howe document these cycles in their 1997 book The Fourth Turning. The book reminds us that the old adage “There is nothing new under the sun” is truly rooted in fact. The issues that we are facing today – with new faces and slightly different angles – are the same realities that our ancestors dealt with during their times of crisis.


“History is seasonal,” write Strauss and Howe, “…and winter is coming.” “Like nature’s winter, the saecular winter can come early or late. A Fourth Turning can be long and difficult, brief but severe, or (perhaps) mild. But, like winter, it cannot be averted. It must come in its turn.”

As a society we are sensing the coming winter and (hopefully) preparing accordingly, just as past generations did at their time of crisis. Government is certainly preparing for massive upheaval just in time for the arrival of the Fourth Turning.

What is a turning?

As Strauss and Howe point out, history is made up of highs and lows. During a high, government and institutions are built up while values are established and commonly held. Another generation is born and these institutions are questioned and undermined. Then, an “unraveling” era unfolds. As Strauss and Howe write, “Both the demand and supply of social order are falling. This is the autumnal quadrant of the saeculum, when vines luxuriate, fruit spoils, leaves fall, and the respect for life’s fundamentals reappears.”

A saeculum – which is divided into four “seasons;, culminating in a crisis – is the average length of a long human life, after which there is a societal “reset”. A Fourth Turning happens when issues that have been boiling without resolution for years explode. “Subliminal fears… become urgent” heading into the Fourth Turning.


“Political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions of class, race, nation and empire. The very survival of the nation will feel at stake. Sometime before the year 2025, America will pass through a great gate in history, commensurate with the American Revolution, Civil War, and twin emergencies of the Great Depression and World War II.”


4th turnings can happen in more than one nation at a time. As the world has become extremely connected and globalized, most of the world may enter into a 4th turning cycle at the same time, exacerbating its impact on everyone. During these turnings, an entrenched elite fight tooth and nail to remain in power.

Individual choices will alter the outcome

As Strauss and Howe point out, the outcome of this season of radical change and potential destruction is up to us. This generation, just as America’s founders did, will provide the heroes and legends for the next. Your actions and choices during this time will alter the outcome of this historical time period and set the cultural agenda for the next cycle. Your contribution can be as simple as making changes in your personal life and aligning yourself with right principles and truth. It may be as big as speaking out on important issues and spreading ideas for change.


[link to www.amazon.com]

Last Edited by No Dhimmi on 04/06/2015 02:07 PM

MARTIN ARMSTRONG, once a US based trillion dollar financial advisor, developed a computer model based on the number pi and other cyclical theories to predict economic turning points with eerie accuracy. In the early 80s he established his financial forecasting and advising company Princeton Economics. His forecasts were in great demand worldwide. As Armstrong's recognition grew, prominent New York bankers invited him to join "the club" to aid them in market manipulation. Martin repeatedly refused. Later that same year (1999) the FBI stormed his offices confiscating his computer model and accusing him of a 3 billion dollar Ponzi scheme. Was it an attempt to silence him and to prevent him from initiating a public discourse on the real Ponzi Scheme of debts that the world has been building up for decades? Armstrong predicts that a sovereign debt crisis will start to unfold on a global level after October 1, 2015 - a major pi turning point that his computer model forecasted many years ago.

. . . the crack in Global confidence is not NOW – that starts from October for the next 4 years. It will not even be a one day event so the haters will instantly say you are wrong for the world did not end October 1st. This is a bubble in government – NOT the markets. So we should NOT see a profound event in market to that day alone.

[link to armstrongeconomics.com]

There are other things pointing to this time period. The whole month of September will be very interesting. I hope everyone is prepared.

[link to www.omegashock.com]
-------
Disaster awaits.
That brooding, malevolent future patiently bides its time, while we pursue our own interests. But, it remains at rest for only a season. In fact, we see evidence that it no longer slumbers. Others recognize that calamity is on the move.

How about you?
Banks have begun to fall in Austria. War in the Middle East grows hotter by the day. Greece turns to Russia. Russia tests a new ICBM. The US government tightens the shackles on Americans. And, then… there’s Jade Helm.
Please, do NOT misunderstand the threat that Jade Helm demonstrates. Never in the history of the United States have we had such a training exercise. Never.
————————————–

————————————–
Facing Reality
The problems that threaten us cannot be fixed.
Please pause for a moment and let that sink in.
This isn’t defeatism. I’m not being a capitulationist. This is just the hard facts. No one and nobody is going to save America from collapsing. No one is going to keep the banks afloat. No one is going to reform our government. No one is going to save Europe from her foolishness. No one is going to stop the rise of tyrannical government.
Not you. Not me. Not anyone.
The first step towards solving a problem is recognizing that you have one. And no, solving this problem does not include changing the path that America is on. As they say…
…that ship has sailed.


This Problem Cannot Be Fixed
Now, it is theoretically possible to fix all of our problems by convincing greedy men and women to give up their wealth, power and prestige. It is possible, in theory. But, in practice… not so much. So, please dispense with any fanciful ideas that you might have about how we are going to fix America’s problems. They are unfixable.
To put it another way, the America that once was, died a long time ago. And no, I do NOT like saying that. My family has a long history of patriotism and service to our country, so I enjoy saying none of that. But, the facts are the facts, and reality doesn’t go away, just because you’ve been ignoring it. To put it another way:
We can ignore reality, but we cannot ignore the consequences of ignoring reality.
– Ayn Rand
(Unfortunately for Ayn, she died an atheist.
She suffers the consequences of that,
for eternity.)

The Sovereign Debt Crisis
I’ve been pounding the table about the coming sovereign debt crisis for a long time. In fact, I’ve been putting this graphic in a lot of my articles:
Sovereign Debt Crisis – Oct 1st, 2015
armstrongeconomics.com
That graphic comes from Martin Armstrong. He has calculated that October 1st, 2015 – i.e., 2015.75 – will be the date when our financial system begins its final, complete and utter collapse. Since Martin has always been right about these things, we must accept this as a ‘given’. Unfortunately for us, this collapse may have already begun, in Austria.

Financial Collapse Has Begun
One Austrian bank has already failed. A second Austrian bank is about to fail. The Austrian province of Carinthia guaranteed the bonds of those banks, so it is also about to fail. Oh, and there’s a German bank that is about to fail, because of all that.
Furthermore, lots and lots of Europeans took out mortgages denominated in Swiss Francs, and now their mortgages are lots more expensive – and ready for default – since the Swiss Franc is no longer pegged to the Euro. And, we haven’t even gotten to Greece, yet.

Greece Turns To Russia
Poor Greece is about ready to throw in the towel. In fact, things are so bad, the Greek Prime Minister has gone to Moscow for help. Actually, that makes a little more sense, when you see this graph:

The DEFLATION is thus caused by the exponential rise in the COST of government that produced NOTHING to expand the economy or create productive jobs that contribute to the national wealth. This is like hiring a maid at home to make life easier, but she consumes money and does not add to your household income. Therefore, she is a “servant” that costs money to have and this is precise;ly the same reason government employees are called “PUBLIC SERVANTS”.

So it is an admixture of inflation from rising cost of government and deflation because they are shrinking the economy. We are caught in the middle. This is why there will be no HYPERINFLATION as defined rationally with Germany as the guide, but inflation in the cost of government will rise sharply when rates begin to rise and that will escalate the debt causing their knee-jerk reaction to hunt down more people.

[link to armstrongeconomics.com]

The USA is in a long-wave economic Depression. The Fed’s plan (unlike the 1930’s event) has been to step on the gas as much as possible to keep the effects of the Depression from being widely felt. In order to do this, they have been printing money like crazy. M1 is going up recently (basis last three months) at an 18+ percent annual rate.

Negative Interest Rates

They (politicians) are too stupid to realize that taking interest rates this low wipes out the savers and the elderly. Then the raise taxes to make it unprofitable to invest.

So the bottom line is simple – negative interest rates is just a new way of TAXING you for saving – having the audacity to live above hand-to-mouth. This is just getting beyond insane – they are really out of their minds stir crazy.

[link to armstrongeconomics.com]

Despite being an otherwise staid, traditional news service, the professional banking division of the Financial Times recently released an utterly scathing assessment of the British economy.

It was entitled, “The UK economy is a ticking time bomb,” and the editor didn't pull any punches in completely shattering the conventional fantasy that ‘all is well’, and that advanced economies can simply print and in-debt their way to prosperity.

“Since the government is spending more than it earns, it is hardly surprising that it is borrowing more, and that the debt-to-GDP has risen from 68.95% in 2009 to 93.30% in 2013, again according to OECD figures.

“As the UK is currently growing it should really be running a budget surplus, providing it with the means to run deficit financing during the next downturn.

“This is one of the tenets of the Keynesian philosophy that underpins a lot of left-of-centre economic thinking.

“Unfortunately Europe’s political parties of all persuasions have bastardised Keynes' ideas – running deficits in both good and bad times – so as to render them almost meaningless.

“To make matters worse the UK, again similar to most advanced economies, is an ageing society with pension, welfare and healthcare systems that are wrongly structured and financially unsustainable."

“We can blame the politicians for failing to be honest with the electorate about the challenges ahead.

“Or we could blame the voters who punish at the ballot box any party that tells them anything other than good news and wants to hear that taxes can be cut, spending raised and the budget balanced all at the same time.

Simon Black

Jim Sinclair's advise on preparing for this event:

For your reference, here is my GOTS (Get Out of The System) check list:

1. Your equities are held in certificate form.
2. You have no Federal income tax favored retirement funds.
3. You have no CDs and investments in bonds.
4. You have modest money deposited among selected BRICs countries.
5. You store your own precious metals.
6. You have no mortgage obligations.
7. You keep cash on hand for 6 months expenses.
8. You have no consumer debt at all.
9. You have a small hobby farm for protein and veggies outside of where you are living with no mortgage debt, set up green.
10. You have a gas, diesel or electric car with high fuel mileage for the farm.
11. You have a generator with large fuel capacity for the farm.

Note the reference to all retirement accounts. Those accounts are going to be targeted and your hard earned assets will be replaced with a special issue of sovereign paper that will have no real value whatsoever. Whilst the penalty and taxes may seem onerous they will seem insignificant after the nationalization occurs. Quite simply there is no time left and I advise that you must act now to secure what you have.

[link to www.godlikeproductions.com]

For the new readers trying to grasp the significance of six waves, the entire structure of the universe is based upon cycles for this is how energy moves. This applies to absolutely everything without exception.

Highly suggest you read this article (at link) to understand these principles.



[link to armstrongeconomics.com]

Last Edited by No Dhimmi on 04/08/2015 09:16 AM

By 2020, according to our models based upon rising interest rates that will unfold, the total interest expenditure on an annual basis will exceed the total defense spending. The current monetary system is unsustainable. Even if we leave interest rates and assume the impractical that they will flat-line and not rise, total interest expenditures will exceed total defense spending by 2024. We may even see this hit by 2017 if interest rates double.

[link to armstrongeconomics.com]

We can survive. Yes you should have some gold coins as a HEDGE against a reset in the monetary system that is coming. But that is for diversification – not to exclusion of everything else. We are headed into a control-alt-delete reset. There is no avoiding this outcome for the system is being run by lawyers who are as corrupt as they come. We need a hedge fund manager at this point to reset the economy – not more lawyers.

[link to armstrongeconomics.com]

It Wont Be The First Time They Hang Bankers

Our problem is government. It is their debt creation that will blow up very soon. The LEVERAGE in bank loans will add amplitude to the cycle. It is not the cause of the cycle. This voice is growing and this will be the source of violence and civil unrest. It will not be the first time they dragged bankers from their offices on Wall Street and hang them. War of Wealth was a play on this subject in general. It was the selling of the “Progressive Era” in the late 1890s that manifested in the income tax by 1913. It led to the creation of the Fed to control banking, and then the New Deal.

My fear – these same people will turn to government and ask them to take more control. This is not a world I want to live in.

[link to armstrongeconomics.com]

Last Edited by No Dhimmi on 04/10/2015 10:34 AM

Yesterday the Facebook co-founder announced that, through his Internet.org foundation, he would provide free Internet access across Panama.

He’s already been doing it successfully in Colombia and several African nations.

It’s a sign of the times that a room full of politicians can’t even begin to accomplish a tiny fraction of what a single individual in the private sector can do.

What’s more, Zuckerberg’s pledge really shows how much the world is changing.

The politicians in attendance here are stuck in the old system that is defined irrelevant lines on a map.

But this system is rapidly changing, and it’s precisely because of technology.

12,000 years ago the Agricultural Revolution completely changed the way that human beings organized themselves.

Paleolithic hunters and gatherers who had spent countless generations roaming the earth in constant search of new sources of food were suddenly able to put down roots.

They discovered that by putting seeds in the ground and nurturing the soil, they could coax life-giving sustenance directly from the earth itself (including the dreaded gluten!)

Because of agriculture they didn’t need to roam any longer. They could stay in one place, and on a single plot of land feed an entire tribe.

For the first time ever, human beings could divide labor, allowing certain individuals to specialize in food production, while others took on other vocations in science, engineering, and medicine.

And even more importantly, they could consistently produce more than they consumed, building up a pool of savings to stash away for a bad harvest year, or to exchange with nearby tribes.

This changed everything about human civilization, including the way that societies were organized and the way they engaged in commerce. The Industrial Revolution is another great example.

For several decades, the world saw an unprecedented economic expansion based on rapid technological advances that made manufacturing and commerce dramatically more efficient.

People’s standards of living rose substantially. Feudalism was effectively destroyed. A real middle class rapidly emerged. And a brand new class of entrepreneurs rose through the ranks to become the new wealthy class.

Like the Agricultural Revolution, this changed everything, from the way that societies were organized to the way they engaged in commerce. Today it’s the Digital Revolution. And it’s changing everything.

People meet in chat rooms, fall in love online, and break up by changing their Facebook status. We have co-workers, bosses, and employees on the other side of the planet.

We have greater and greater control over the information we consume and the way we educate ourselves.

And the more this technology progresses, the less power that bankrupt, destructive governments have over us.

If they decide to ban firearms, we can start 3D printing them. If they impose capital controls, we can move our assets to de-centralized digital currency.

And if they continue to restrict even the most basic freedoms like what we can/cannot put in our own bodies, we can choose to move somewhere else where we can be more free (with the added benefit of paying less tax).

Digital technology and modern transport allow us to live wherever we want, earn money worldwide, and maintain relationships with loved ones across the globe.

It’s 2015. We no longer need to be confined by something as anachronistic as geography… or by the increasingly irrelevant governments that control it.

Simon Black