Topic: Dark Enlightenment - page 16. (Read 69299 times)

You finally wrote something that interests me. Hmmm, could Armstrong's Socrates be a ploy after all? I doubt it, I think he is just invested in his world view, yet it is interesting to contemplate.

It's what the "Resource Based Economy" crowd keep pushing with their A.I. computer that centrally allocates resources. Come on, you don't need to be Sir Roger Penrose to see where they're going with this.

For example:
Epic breakthroughs where programs start passing the Turing test. Notice how they're usually dressed-up with a nice GUI or artificial face and voice for user-friendliness?
Then, "hey why don't we use, that is *ask* these amazing artificial intelligences how to allocate some local resources the most fairly?"
...

Hey Anonymint, some of your stuff reminds me of some of tesla's views. In particular tesla's paper "THE PROBLEM OF INCREASING HUMAN ENERGY" he briefly touches upon the automation of the work force and the reaction of the public to his "TELAUTOMATON".

Here's a linbk to the paper: http://www.tfcbooks.com/tesla/1900-06-00.htm

Sometimes I think people become invested in their own world view.. While I respect Armstrong I think he retains a certain element of blind faith in the state.

One last attempt to explain it to Armstrong... (I grow weary of repeating myself)...


---------------------------- Original Message ----------------------------
Subject: Centralized tally is the antithesis of bottom-up voting; decapitation of figureheads notwithstanding
From:    AnonyMint
Date:    Tue, September 2, 2014 1:06 am
To:      Armstrong Economics
--------------------------------------------------------------------------


http://armstrongeconomics.com/2014/09/01/global-warming-being-exposed-as-a-fraud/

---------------------------- Original Message ----------------------------
Subject: False life plan signals empire and civilization collapse (what socialism achieved)
From:    AnonyMint
Date:    Mon, September 1, 2014 5:00 am
To:      Armstrong Economics
--------------------------------------------------------------------------


http://www.sandraandwoo.com/2014/07/24/0601-new-school-uniforms/
(this is actually happening)



http://blog.jim.com/culture/the-false-life-plan/#comment-721849
(read the entire blog post, not just the linked comment)

http://blog.jim.com/economics/raising-fertility/

http://blog.jim.com/culture/players-puas-and-petruchio/

---------------------------- Original Message ----------------------------
Subject: Can the Internet Replace Career Politicians?
From:    AnonyMint
Date:    Sat, August 30, 2014 7:52 pm
To:      "Armstrong Economics"
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/08/30/can-the-internet-also-replace-career-politicians/

I agree with some of what Martin Armstrong wrote at the above linked blog post. Specifically I agree that the politicians and bureaucrats are able to do malfeasance because the public is both apathetic and systemically incapable of making change even when aware.

Martin has this theory that if the people could vote directly on every issue instead of being represented by elected officials, then the systemic problem would be solved. I briefly entertained this conceptual idea when I was about 13 years old. It is quite naive and juvenile.

Armstrong and Margaret Thatcher have the same gullible misunderstanding that most people of lower IQ have. They haven't taken the time to,or don't have the mental abstraction IQ to, comprehend how degrees-of-freedom and the granularity of adaption to maximize fitness interact with the immutable Second Law of Thermodynamics such that it is impossible that top-down organization of anything can ever work. I have explained this ad nausem in my past writings as AnonyMint:

https://bitcointalksearch.org/topic/economic-devastation-355212

http://unheresy.com/Information%20Is%20Alive.html#Knowledge_Anneals

https://bitcointalksearch.org/topic/m.6065144

https://bitcointalksearch.org/topic/m.6078778

https://bitcointalksearch.org/topic/m.6716262

Simulated annealing is the only known algorithm which can maximize fitness (i.e. the solution to the solution space) where the solution space is unknown a priori, has an unknown number of independent variables, and is dynamic with unknown number of feedback loops. Simulated annealing is nature's optimization method. Simulated annealing is why ice that cools slowly has less cracks because the localized organization and coordination of the molecules have more time to independently (i.e. bottom-up organization) find optimum states.

Only a fool or person of low IQ would assert the bottom-up voting for top-down issues can somehow anneal. I feel like I am dealing with children. Am I that much smarter than most people? Or are most people just too lazy or too invested in their logically failed ideas such that they are unable to think coherently?

The 150 - 170 IQ genuis who coined "open source" (as opposed to "free software") explained the power vacuum of democracy:

http://esr.ibiblio.org/?p=984
(Some Iron Laws of Political Economics)

The solution to the problem of the power vacuum of democracy is to eliminate top-down issues so that people can be free to organize more locally. The technological solution is coming with decentralized technology. For example, 3D printing, flying cars with computerized avoidance systems, decentralized anonymous crypto-currency (Bitcoin isn't decentralized and isn't robust in a fractured internet), decentralized corporations, decentralized social organization over the internet, etc..

Why does local organization work better? Because it is impossible for top-down laws or issues to be optimized to every local situation and especially dynamically because everything is always changing.

The gripe against local organization has been that economies-of-scale can't be attained. This was true in the Industrial Age where fixed capital and stored money were paramount. But with the internet economies-of-scale can be attained even if only 1 in 1000 people are availing of each thingamajig. This is why I have been writing about the coming Knowledge Age and the death of all top-down organization, including the death of passive capital investing such as bonds and usury finance. Instead we will move towards where capital is knowledge. Money will only be a currency and not for storing capital. There will be no way to store capital for long periods of time that isn't knowledge (money will have high rates of debasement in order to fund its decenralized crypto-currency security). The old world overlords will die away along with the socialism masses who don't cross the chasm. This is why their NWO is a death paradigm.

And this is why massive poverty is coming because most people aren't ready to cross the chasm. And this poverty will usher in disease and war. Out of the ashes, will come the Knowledge Age. For a while, the old will hang on and the socialism will become very idealistic (youth are glossy-eyed ready to the "end the corruption" mantra employing more top-down Marxism) and try for the NWO top-down solutions that Armstrong and others espouse. But that is the dying paradigm on the long haul. The Knowledge Age will be growing.

I can see clearly and lucidly the Big Picture how it all fits together in a perfect puzzle.

Get it. Or perish. I am tired of explaining it.

Is there a concise list of Armstrong's forecasts and history of forecasts?

I'm a little worried about his predicted real estate crash after 2015.75.

---------------------------- Original Message ----------------------------
Subject: personal story of hardship in the U, S, of A.
From:    AnonyMint
To:      "Armstrong Economics" <[email protected]>
Bcc:    Anonymous
--------------------------------------------------------------------------

Ebola pandemic is quite likely:

http://armstrongeconomics.com/2014/07/31/ebola-virus-the-next-plague-due-2019/

Armstrong's A.I. computer model was calling for a pandemic after 2016 since well before this Ebola outbreak started.

The 'grinding halt' comment was mine.

You've failed to remember the key fact about the marginal-utility-of-debt, which is that eventually it goes negative and no one is in control, not even the globalists, because productivity has been suffocated in layers of spaghetti obligations and misallocated life directions. The negative educational inertia debt, etc.. can't be unwound without collapse into a gridlock low.

You assign power to the globalists which they could not mathematically possess. Nature is in control now, they are bystanders.

What the elite hope to do is manage the "creative destruction" towards their aims of globalist hegemony. They do understand the west is lost, so they need to create war in the west to have something to blame the gridlock on other than debt. This way at the end of WW3, they can call for globalist solutions to end the possibility of nation-state discord which they will say in their propaganda was the cause of the crisis (causing the sheepeople to forget that the declining marginal-utility-of-debt sustained past the point of no return by socialism was the real cause).

The globalists understand that all real productivity is coming from the developing world, they are trying to use the levers they do control in order to be sure they gain the most leverage into this rebalancing process. They have shifted the oil revenue from Russia and the Middle East to the USA, so they can leverage the developing world to sustain the west, with them in control of the spigot through a much more Technocratic controlled socialism.

This is why they need the NSA hunting everything down, and the FACHA, so as to prevent any capitalists in the west from competing with them for opportunities in this rebalancing process.



Anonymous wrote:
> BTW, don't you think perhaps the steady debasement of the dollar with year
> over year inflation in many sectors is a de facto or indolent version of
> "hyperinflation" such that debt will have much less consequence?  This
> would be a primary reason TPTB in the US have been running up the national
> deficit, they know it won't particularly matter much at some point and it
> can also be leveraged initially for austerity and more taxes.  And you
> know LaGarde has already used the term "global currency reset".
> I can't tell if you made the "grinding halt" comment, but given the level
> of centralized control and the plan to incrementally install a global
> technocracy, there doesn't need to be a halt.  A sharp sudden painful
> contraction will only take place if it is so desired for "shock and awe"
> purposes to temporarily paralyze the masses as new radical policies are
> implemented.  I've heard Catherine Austin Fitts express the same view.
> More concerning than debt is the increase in environmental chaos
> (Fukushima, Gulf Oil, geoengineering, fracking, etc.), showing the elites'
> position of moving ahead with soft kill and contriving another excuse for
> world government.


In case I wasn't clear before, because I was sleepy. Let me expound a bit.

Defaulting on a student loan (or any loan) should have no power to put a
lien on your bank account nor any asset which you did not specifically
assign as collateral to the loan when you signed the loan contract.

The concept of assigning all your future unknown earnings and assets as
collateral to a loan is an egregious abomination that only the most evil
society could possibly be fooled into thinking is rational.

If the lender has no risk and all the risk is transferred to society, i.e.
destroy the productivity of everyone in gridlock liens on everything when
the debt bubble contracts, because excessive loans were made because the
lender assumed no risk, then the mathematically sure outcome is a Dark
Age.

I hope the high IQ people amongst us can interpret what I've just written
and explain it layman's terms. I don't have time to break it down more at
the moment.

In short, you should have been able to default on the student loan, had
your credit rating wiped out, but not lost your business nor had your bank
account sequestered.

But Western Civilization is in an irrational, evil apex at the moment and
destined to crash and burn.

That is why we in the crypto-currency arena are developing technological
solutions to put a stop to this mess.



------------------------------------------------------
Let me clarify.

I mean that it is an abomination for default on a student loan to make all
your assets and incomes encumbered collateral by default.

A personal loan should always be defaulted with the only recourse of the
lender being lowering your credit rating. It should have no claims on your
assets and income, except for assets you put up specifically as
collateral.

This system the bankers have devised in the western countries, is going to
bring the western civilization to a grinding halt.

P.S. You see adding more debt was not the solution, rather the solution
was default but they won't let you default. They want to hold you in
perpetual debt servitude instead. We've regressed to the feudal system
again.


------------------------------------------------------
bcc: all

So the loan was just to be able to pay off the student loan so you
wouldn't go into default. Not for expansion.

But the real culprit here is not the refusal to give you a loan (debt is
always bad, default is better), rather the stupidity of a bankruptcy
system that doesn't allow you to protect your business (or at least not
continue to garnish your bank account) in a default so you can continue to
be productive. Maybe you got bad legal advice?

But seems you are saying the bankruptcy system preferred you to be
unproductive (or you are saying it is not discharged yet, so maybe you
will get relief soon). And that is an abomination (to the Lord or even to
atheists).

If you are trying to argue for debt, I will have to disagree with you. You
overextended and the correct thing is default. But default means
everything is liquidated, then you can start over fresh, not continue to
hold your bank account hostage so you can't be productive again.

yeah (un)employees get laid off in defaults. But default is always better
than debt. Bible says borrower is slave to the lender.

So we try with crypto-currency innovation to take away the power of the
system to garnish payments and bank accounts. Society shouldn't have so
much power because society can't be entrusted not to abuse it.


------------------------------------------------------
I don't mind if you share.

I place 100% of the blame on myself, it was my mistake in that I saw
opportunity in expansion disproportionately to the risk of overextension.
However, 5 people became unemployed because of my 580 credit score... The
fact that I had turned an initial 10,500 investment into a small-medium
sized business meant nothing... Nobody had anything to say to me except,
"we're sorry but you don't meet the minimum credit score requirement."

Nothing good can come from a system that operates this way...

------------------------------------------------------
Do you want me to keep your story private or share it?

Might be motivational to all if you feel comfortable being so naked. Some
people like more privacy which is understood.

It is an abomination that the government passed a law a few years ago
making student loans ineligible for discharge in bankruptcy (with rare
exceptions).

Is the sales tax dischargeable in bankruptcy?

This is your mistake of course, but the system is too harsh. How can they
expect for you to pay them if they take away your ability to earn. This is
how the western civilization will destroy all productivity. The system
should at least allow you to continue and take a small amount from your
bank account each month larger than the market rate of interest on the
principle owed. But the western system is punitive now. I even see they
put a mother in jail for allowing her 6 year old son to walk down the
block unescorted to the park to play. When society reaches this stage, the
collapse is near.

Any way you will come out of this much stronger. But I do beg of you,
don't only blame it on the system. Use it as an opportunity for
self-inspection to be more diligent in the future to discharge your loans
and much better always avoid debt, and grow within your cash flow means
always with some savings.

One of the fundamental teachings in the Bible (in the second book) is
always prepare for 7 lean years after 7 good years. Savings is very, very
important. Always hold some in reserve.

Recently I paid down all my loans in cash with 50% settlement offers. I
had about $20,000 in credit card debt which is now paid down.
Unfortunately I will have to pay income taxes on the portion of the debt
forgiven!! What racket the system has!

------------------------------------------------------
I'm not in a good financial situation at all. I just recently lost my auto
repair shop, throwing me into a bankruptcy which hasn't been discharged
yet. I'm forced to work only for cash by word-of-mouth since I have a
government lien on my bank account. I owe for the last 3 months of sales
taxes which are more than I could expect to make in 6 months working full
time for somebody else... I'm not wealthy at all, I had my moment of
wealth but now I'm down. I have about 1 ounce of 24k gold left to sell and
a few cars which I'm in the process of flipping for a profit. Everything
else I make is just to sustain my family. I currently have enough of a
customer base to work about 4 days a week, at least a few hours a day at
$60 per hour. I'm unable to advertise because of my circumstances.

I still have my knowledge, reputation (which is very strong), and my
desire to be free of this nightmare monopoly game. This system isn't fair,
nor just, and I'm not subscribing to it anymore... I had a great business
for 4 years, 4 employees below me, a great reputation in the community,
but my credit was too poor to get a loan from the start. I reinvested too
much of my cash flow into equipment without saving for a rainy day.
Everything I had to offer and nobody at any of the banks would even look
at my plan or business history. I had a 580 credit score because of a
collection on a phone contract, I wasn't a home owner, and late payments
on a student loan (my dad surprised me one day and told me that he had
taken over the student loans for me and my older sister, but apparently
there was a problem with the consolidation loan he took and neither of us
were aware of it until collections.)

quite correct

http://en.wikipedia.org/wiki/The_Communist_Manifesto

#5

---------------------------- Original Message ----------------------------
Subject: Armstrong is wrong if he is claiming central banks aren't complicit
From:    AnonyMint
Date:    Sat, July 26, 2014 10:17 pm
To:      "Armstrong Economics" <[email protected]>
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/07/26/stockman-v-greenspan-just-absurd/

Armstrong is correct that the fundamental problem is the power vacuum of democracy which is inherent in human nature, that allows socialism (i.e. debt, pensions, vested interests) to grow until it strangles the productive economy.

Armstrong is correct that capital moves internationally to escape such peaking socialism, and central bankers could not stop this movement forever as the fundamental rise of socialism is not under their control.

However, Armstrong is contradicting himself as he implies (unintentionally?) that central banks aren't complicit in that they have collaborated to extend the debt bubbles and socialism to prevent a crash and reset that would have otherwise have occurred much sooner. Armstrong wrote about this collusion just days ago:

http://armstrongeconomics.com/2014/07/24/world-central-bank-secret-agreements/

Also there is substantial evidence that central banks cause delays in debt and socialism resets. For example, the depression of 1919 was finished in only 2 years, primarily because the government and central banks did not intervene. The defaults proceeded rapidly and the reset and adjustment occurred at full speed. In the 1800s, there were numerous short-lived depressions (or recessions) often due to bank runs because there was no central bank backstopping these private banks who were issuing fractional reserve loans. The resets were more frequent and thus more shallow.

What global central banking has done to use since the early 1900s is sustain (preventing a default and rest of) the largest and longest growth of socialism without a reset since perhaps Rome.

Central banking is an invention of the socialism, for the socialism to sustain itself. Central banking needs to recede for the socialism to recede. They go hand-in-hand together.

Even Armstrong has written about how the Fed was originally charted only to buy corporate bonds. Socialism morphed it. Yeah it is fundamentally human nature at the root cause, and central banking is one of the bad symptoms or artifacts.

Sorry Martin.

Armstrong starts to realize I was correct about globalist control ("powers that be"), yet he still leans towards the view that the "powers that be" don't have a long-term plan and still doesn't see them coordinating globally.

http://armstrongeconomics.com/2014/07/23/preparing-for-war/

http://armstrongeconomics.com/2014/07/21/the-energy-hidden-agenda/

http://armstrongeconomics.com/2014/07/22/israeli-hamas/

He War Cycle model shows that chaos will really accelerate by November then into the peak of the USA economic bounce by Oct 2015. Then all hell will break loose as the global economic crash in 2016 will be deeper and longer than 2007-8.

Cross-posting...

https://bitcointalksearch.org/topic/m.7813210

The Global Police State


The nations of the world are today mostly divided into five categories:

1. Developed country western Marxist socialism, government has 75% share of GDP (ditto Europe but worse as the official data excludes cost of regulation and probably local governments, etc!).

2. Developed country eastern Chaebol & Zaibatsu fascism, government has a moderate (but rising rapidly) (Korea also) % share of GDP.

3. Undeveloped world, "government spending" is very low thus a very low % share of GDP because there is no social welfare system.

4. Oil producing countries in the Middle East that will fall into complete chaos.

5. Exceptions.

For #1, include North America, Europe, New Zealand, but perhaps not Australia.

For #2, we have Japan with the world's highest debt-to-GDP levels as the prime example. Asians (but not Cherokee who descend from European not Asian) are more submissive (my hypothesis is perhaps due to lack of Ice Age impact thus larger populations). Japan has an existential fertility crisis. South Korea is on model peaking.



For #3, we have most of the rest of world.

For #4, include all those recently failed Middle East states and Libya and include all those whose economy is nearly entirely dependent on oil and who have burgeoning populations.

For #5, the exceptions to the above list include small transhipment and financial centers such as Hong Kong and Singapore, also Australia and Switzerland have relatively low government share of GDP for developed countries.

Prognosis

The #1 nations will hunt down all wealth to feed their social welfare obligations. The majority will support this. These nations will cooperate, and the NSA + GCHQ will feed the authorities the data they need.

The #2 nations have massive levels of debt in all sectors and will be induced into a war with China to appease the discontent among their people as their economies collapse into 2016 - 2020. The large corporation model of their economies is attuned to war making as a means of increasing industrial production.

The #3 nations have extremely high levels of corporate debt (China the world's highest) because the 30 year bond bubble in the #1 nations drove investment capital out of the west an into developing world corporate bonds to chase yield. They don't have this social welfare system to feed, thus they don't need to hunt down money for revenue (they can let their corporations go bust and survival of the fittest) so they can collapse quickly and bottom by say 2020. But they will hunt down wealth of those cronies in their governments who have pilfered the coffers. You can see this going on now for example as China fired 900 bureaucrats, Thailand in martial law,  and also the pork barrel scandal ongoing in the Philippines. So these nations need the cooperation of the #1 nations to track down and return the ill gotten wealth their cronies have been offshoring to there. Thus they will in exchange will offer to turn over all #1 nation citizens, i.e. see their cooperation with the FATCA.

The #4 nations are imploding into chaos as they are too dependent on oil, their populations are burgeoning, the corrupt top-down control of wealth has been egregious, etc.. They will implode into complete chaos. They thus may be the best place to hide with your wealth, except that you would be at enormous physical risk of harm.

The #5 nations will see their economies implode when the global economy does since they are so highly leveraged to trade and commodity demand. They are fully on board the global police state. Here are few links to convince you:

http://www.zerohedge.com/news/2014-03-26/hong-kong-goes-swiss-will-disclose-american-worker-financial-data-irs
http://armstrongeconomics.com/2014/06/22/hunt-for-money-tisa-negotiations-leaked-by-wikileaks/


Thus you can see this hunt for wealth will be global. Only the peons in the undeveloping (developing) world are exempt.

Edit: I didn't cover some exceptions that may not fit (not sure as I don't have time to research every one) the above stereotypes, such as Iceland, Bolivia, and Ecuador. Two of those were countries Snowden was interested in for asylum.

---------------------------- Original Message ----------------------------
Subject: The rise of Asia will coincide with global chaos
From:    AnonyMint
Date:    Wed, July 9, 2014 4:43 pm
To:      "Armstrong Economics" <[email protected]>
--------------------------------------------------------------------------


http://armstrongeconomics.com/2013/11/04/15435/




My interpretation of the history of the above chart is that China and India were elevated from the 11th to the 19th centuries, because they were insulated from the 600 year medieval Dark Age that resulted from the collapse of Western Rome in the 5th and 6th centuries. Eastern Rome (Byzantine) rose to do trade with the East.

India and China collapsed in the 20th century because of the Industrial Revolution which caused them to be uncompetitive. Europe rose out of medieval dark age and invested in technology which resulted in growth of Europe until it peaked with the socialism as factories in the Second Industrial Revolution displaced the Luddites and the clamor was for debt and socialism (just as we have now).

In the 20th century, the USA rose out of the collapse of Europe as the industrial powerhouse. China and India could not compete (their huge uneducated populations were too agrarian and numerous to transition to industry), so they economically collapsed into Marxism and the caste system. There was even famine. Even today India can't give 3 meals a day to all its poor.

Now we are entering the Knowledge Age (Computer) Revolution. Europe, North America, Japan, and New Zealand will collapse due to socialism.

China's and India's population are poised to apply their individual efforts to the Knowledge Age and there is not a huge government socialism to collapse into the abyss.

China has the largest corporate debt in the world, so the growth will need to come from the individuals and small enterprises. We can already see this happening. See the websites such as dhgate.com and aliexpress.com where Chinese factories sell direct to the consumers. Also the free movement of labor, goods, and services between all ASEAN countries planned for the 2015 Asian Union.

However, the nature of the Knowledge Age is that most people are
unprepared. A computer programmer will be worth 10 or 100 times more than an accountant, because the latter's job can be automated thus one
programmer can replace 100 accountants.

The powers-that-be in India and China also need to work out the power sharing, because this is a transfer of power from the large to the small fish. The large fish won't do this willingly.

I rather see the large fish (taipans) creating wars and territorial disputes both to keep the UNEDUCATED portion of local population (who can't compete in the Knowledge Age) locked into patriotic fighting (so they won't revolt against the powers-that-be) and to acquire large scale investments such as oil fields in the China sea (and also perhaps Africa).

Russia is also working on such economic integration with Ukraine and Eastward. The 10 Kings regions as predicted in the Bible are taking form.

So I see the best and brightest in Asia rising, but I see insufficient jobs for all the undereducated in Asia. A college degree as an accountant doesn't mean you are educated if that profession becomes largely automated.

Many filipinos (and I assume others in ASEAN) have transitioned into call centers and BPO centers, but not all of them can transition their skills as those simple functions are replaced by more computerization and as the wages in the West decline relative to wages rising in the developing world, then there will be more pressure to automate more of these mundane tasks (e.g. a computer answers my call at my bank and can understand what I say, and BPO doctors records transcription can be automated, etc).

I see Asia rising but with massive underemployment. I see an economic stratification of society globally between those who can do high tech and those who can't.

And thus I see the powers-that-be coming to the "rescue" to serve that underclass with Orwellian socialism, territorial war, etc..

So let's be clear what a rise of Asia means. It always means global turmoil. It is not some peaceful rise of everyone in Asia.

The socialism is going to try to parasite on those who are productive in the Knowledge Age. But they can't! I covered the reasons in great detail in my 2010 essay:

http://www.coolpage.com/commentary/economic/shelby/Demise%20of%20Finance,%20Rise%20of%20Knowledge.html

So the undereducated and the powers-that-be will combine forces to create war and chaos. That is the only thing they can do.

One more time...



---------------------------- Original Message ----------------------------
Subject: Govt fines banks,  banks will "bailin" (default on deposits) of the people
From:    AnonyMint
Date:    Wed, July 9, 2014 3:09 pm
To:      "Armstrong Economics" <[email protected]>
--------------------------------------------------------------------------

http://armstrongeconomics.com/2014/07/09/banksters-more-fines-european-bail-ins-coming-to-canada/




Martin Armstrong, I hope you realize this is just an indirect way of confiscating the assets of the populace. And the powers-that-be (i.e. the banksters such as Rockefeller) are not paying these fines, rather the populace is going to pay it with bailins. In 2008, they put all the bad paper on the Fed's balance sheet, now as they unwind it they will transfer it on to the banks' balance sheets then confiscate all the assets of the populace.

Always the universe is stealing and threatening those who work hard and try to be productive. Debt is a major tool of the bankster business model as explained in the following linked essays:

http://www.silverbearcafe.com/private/01.10/thinklikeabanker.html

http://www.silverbearcafe.com/private/06.11/owntheearth.html

http://www.silverbearcafe.com/private/07.11/venice.html

http://www.newscientist.com/article/mg21228354.500-revealed--the-capitalist-network-that-runs-the-world.html

http://esr.ibiblio.org/?p=984 (Iron Law of Political Economics)


This is why economies collapse into war periodically throughout history. 2015 or 2016 will introduce the next hard down phase of bail-ins, and this time the populace will be impoverished unlike in 2008 when the government just handed out free money (except for the youth in southern Europe which got up to 60% unemployment which is now spreading to France, then next year to all of Europe).

My question to you is will India and China bottom in 2020? Will the developing nations (with their low levels of government handouts) improve after 2020 as the West goes into a morass and collapse of socialism until the 2032 bottom?

http://armstrongeconomics.com/2013/11/04/15435/

---

---------------------------- Original Message ----------------------------
Subject: We will repeat (modernized version of) the 18th century
From:    AnonyMint
Date:    Wed, July 9, 2014 3:39 pm
To:      "Armstrong Economics" <[email protected]>
--------------------------------------------------------------------------


Both of the war cycles turned upwards 2014

https://www.youtube.com/watch?v=4vABHfXRlAI#t=1084

Martin explains there is a 26 year international war cycle and a 309 cycle for domestic civil unrest. Both cycles turned up as of 2014.

Look what happened the last time both cycles turned at the same time:

http://en.wikipedia.org/wiki/18th_century#Events


Expect technology to be different, so expect cyberwar as well as shooting wars. Expect use of unmanned drones as well...

Also, take a look at this.
http://youtu.be/YJpyf_5nLEs?t=5m46s

Keep you eye on the alts.

---

---------------------------- Original Message ----------------------------
Subject: An example of the fledging Knowledge Age the world is entering
From:    AnonyMint
Date:    Sun, July 6, 2014 8:19 am
To:      "Armstrong Economics" <[email protected]>
--------------------------------------------------------------------------

Before I terminate my communications, a concrete example of the more autonomous, decentralized Knowledge Age in action...

https://www.kickstarter.com/projects/914635363/lace-anchors-20-a-simple-design-for-simple-people

The frontiers are where the free thinkers are headed, as is always the case and always the only solution to dying socialism.

Also Armstrong seems to have realized it...but I hope he realizes is it not just tangible assets, rather intellectual property that is the most significant frontier...

http://armstrongeconomics.com/2014/07/06/getting-off-the-grid-cars-as-well/

So AnonyMint, you don't think that Bitcoin has what it takes to succeed because it's not anonymous and is too centralized through large mining pools? Are there any alt currencies that you think have to potential to succeed?

Re: Where's the exit ouf of the labyrinth?

There was a private message in my Inbox that I should quote anonymously and include my reply... so this is really the last communication...

Exploiting informationally is a form of knowledge and creates value in the sense of both culling and teaching.

Rather I'd summarize my advice as become more autonomous, which is what the Knowledge Age essentially entails (see my seminal 2010 essays linked at the OP of the Economics Devastation thread). See my blog "Information is Alive!" and the salient point being that each human is unique and this is the fundamental value in terms of fitness, resilience and the progression of knowledge.

Contradiction must exist because otherwise perfection must, but as I pointed out in the latest two essays on my blog (unheresy.com), infinite speed of light (perfection) would collapse the future into the present and there could be no change, no friction, no waves, no boom & bust, and thus no existence and no life.

Autonomy doesn't require paranoia, rather just a love of freedom and life as defined above. The centralized morass is always failing and falling behind the maverick individual creators who go out there and make their mark on the world.

Note I simply must quote you anonymously in a public post. You raise a very important misunderstanding.




It's not about 9/11, it's about the reasoning behind, specifically about the law of non-contradiction as this is what Chomsky really gave up. I've been brought up in a family where that kind of thought was the law, where to survive you had to give up on the most basic laws of thinking. I still have trouble with it. I know my thinking has been impaired and I don't know how to cure myself. I went to study philosophy for that purpose, but after 3 years, it's starting to feel more and more like indoctrination than anything else. I wasn't given the keys to clear thinking. Either french teachers don't know how to transmit them, either they don't want us to think critically. As the time pass, I've been more and more interested in logic and physics, specifically in their laws. This is what I lack. I don't want to think through analogies anymore. I want clarity.

Also, I feel that the environment I've been brought up during my childhood looks like the environment that today's elite are creating; and it is functioning because of laws such as :

- A Manichean/binary law, either you are with us, either you are against us;
- A Submissive law that forbids any type of contradiction that attacks the roots of their system;
- A law of secrecy that lets them operate in the dark and prevents whistle-blowers to come out as they would been branded as crazy because what they would tell is outside of the imagination of most people.

It implies an individual, paranoid and submissive behavior because you can only count on yourself, and because in the end everyone is a potential agent of the system and because your survival depend of the goodwill of those at the head of the system.

Most of the time, I feel like Theseus inside the Labyrinth of the Minotaure. I'm desperately looking for the exit, if you can point me to the exit, I'd would like it very much!