Topic: Economic Devastation - page 109. (Read 504776 times)

Sometimes I wonder if Armstrong is me and I am him, and we are just the same person living in two separate bodies and spaces. We seem to post the same thing at the same time so often...


http://armstrongeconomics.com/2015/03/11/gold-a-rally-for-40000-by-year-end-come-on/

For example, volatility determines carrying cost. Extrapolate from there all Butterfly effects.

You are so extremely narrow minded. Everything is connected with fractal order.

I can't explain fractal modeling to you. Certainly not writing here.

You entirely don't understand modeling thus you are wasting my time.

You need to study and not speak until you are knowledgeable about modeling chaos.

Also he was very specific in his weather prediction and his specificity (both the prediction for violent storms and the prediction for volatility in both directions...how much more specific do you  realistically expect?) was met precisely by the outcome in California (as well the abnormal reduction in tornados in the Midwest). You are choosing to erect strawman arguments because you don't want a model with many bottom-up, onion layers (a fractal and high entropy), rather you want a flat earth with hierarchical, top-down structure (low entropy guaranteed failure and implausible).

All of this myopia on your part because you are trained in the medical and research fields, thus you have a vested interest for him to not be able to predict a pandemic. This is the inertia that I was explaining to bigtimespaghetti obscures the ability of mankind to be objective.

You've convinced me iamback. I'm going to dig through as many interviews as I can with Armstrong today.

Because the charlatans (promoters) say what people want to hear and Armstrong('s computer and models) say what people don't want to hear.

No one (not even investors) like to change direction. Inertia is a powerful drug. That is why to be more objective I try my best to have the least inertia in my life (to the point of living almost like a nomad).

Golden Rule: the majority (herd) is always wrong (but it takes time for that to become apparent in each case).

Also because the mainstream media has been told by the banksters to blacklist Armstrong, e.g. Bloomberg has entirely erased his name from their past articles that had mentioned him. Which again is just inertia in play again.

This is what confuses me about Armstrong, he is very non-assuming. While his information seems to be incredibly important, he remains part of fringe economics. Why are jokers like Mike Maloney et al so prominent when they have just been repeating themselves for the past decade when there is some well thought out (with track record) information being put forward by MA?

You may have more available time and patience than I do to dig up the specifics. The specifics are spread all over the place, you will have to really dig.

Remember the model turn dates are equally (or more) important than Armstrong's worlds. He doesn't articulate perfectly. He is a programmer. Do you notice how I type the wrong worlds when I come up from air from programming?

See the quote of me by bigtimespaghetti and see how I edited my post to correct the typos.

Edit: see example above "worlds" should be "words" and "from air" should be "for air".

Programming is a different language from human language. The language engine in the mind becomes adjusted to the different pattern of articulation of program code (which is one reason I entirely omit words). A programming language typically has only about 50 keywords of vocabulary (so "worlds" = "words").

Edit#2: therefor you need to not focus on just one phrase in one post; instead holistically take into account everything he has written on a prediction.

Ok you have succeeded in sparking my curiosity. I will do some homework on this topic over then next few weeks and report back.

I knew things were bad in terms of student loans in the US, but I had no idea the kind of debt medical practitioners had.

Also iamback, I agree that more information is needed to be completely autonomous from Armstrong.

CoinCube, yes the Knowledge Age will destroy "licenses" as a way to have exclusivity (oligarchy) on income. Run away from the "professions". It was a lucrative racket, but it is coming to an end [reset] (with lower income from a lower level in Asia). P.S. I saw you figured out how to do tables with this forum and put an image on the left column of text. It means you can be a programmer.

---------------------------- Original Message ----------------------------
Subject: Armstrong plz update us on your 2018-2019 pandemic prediction
From:    iamback
Date:    Wed, March 11, 2015 2:01 am
To:      "Armstrong Economics" <[email protected]>
--------------------------------------------------------------------------

The pandemic coming is probably the most important thing we need to know
more about. I am thinking it will be H7N9 influenza (bleeding from nose,
suffocating on blood like the 1918 Spanish Flu). And people aged 65 and
older do not respond the vaccine. Looks like nature will cull the Western
pension problem, so Asia can rise.

Please try to put more research on this and report. The "Solutions
Conference" is a political blackhole. Please stop "pie in the sky"
bullshit and give us the real information we need to act autonomously. All
this collectivized action bullshit is just more of the same socialist
(herding sheeople) mentality that got us into this mess in the first
place!

A partial list of Armstrong's correct predictions since the 1980s:

https://bitcointalksearch.org/topic/m.10733591

Its really not all wine and roses in doctorate land. Not a bad gig but definitly not what people often think.

http://www.forbes.com/sites/phildemuth/2013/11/25/are-you-rich-enough-the-terrible-tragedy-of-income-inequality-among-the-1/


Yep pretty much. But the article fails to say why money is the #1 worry its because of student debt.

http://blog.credit.com/2014/06/i-have-520k-in-student-loans-where-do-i-start-84603/

http://www.forbes.com/sites/danmunro/2014/01/30/med-student-gives-sober-assessment-of-future-with-500k-in-student-debt/




http://money.cnn.com/2014/07/15/pf/jobs/lawyer-salaries/


 

A partial list of Armstrong's correct prognostications that come to mind:

• Predicting the top in gold in 1980 and walking away from gold at the top for decades.
• Predicting the top of the Japanese stock market to the day, I believe it was 1989 but go verify.
• Predicting the top and flash crash of the USA stock market to day, I believe it was 1987 (everyone thought he was crazy).
• During that USA flash crash, he sent out a report predicting the market would rise back up to new all time highs by 1989 (again everyone thought he was crazy)
• Predicting the LTCM (Long Term Capital Management) crisis (derivatives all tied up in Russian bonds) and Russian crisis the late 1990s (again everyone thought he was crazy)
• Predicting the failure of the British pound peg which gave George Soros his fame and made him a billionaire
• In 1998 (there is a slide of this), predicting the 2007 subprime crisis, predicting the rise of oil to $100+ then collapse below $57 by 12/31/2014, which is exactly what happened to the day again. In that 1998 conference, he also predicted the 2015.75 for the Sovereign Debt BIG BANG (he used the same name for the event). On that slide he also predicted the top of the dot.com bubble (as well his War Cycle model predicted 9/11 to the day and he had written about this expectation of rising terrorism and potential false flag operations).
• As early as 2009 or 2010 he was predicting gold would rise with the ECM to Spring 2011, then turn with it. As gold was still up in the $1600s or so in 2011/2012, he was writing gold would crash first to the $1200 level, bounce then eventually bottom below $1000 before 2015.75 (some where between $680 and $950). He also predicting gold will make news highs after 2015.75 with the ultimate high after some years perhaps as high as $5000 (but that is a maximum target and may not go that high).
• As early as August 2012 when DJIA he predicted the a double to triple in the DJIA by 2015.75 unless it inverts to align with Private Assets, then in which case that top target would extend into 2017.35. He targeted 2014 for making the determination of whether it had inverted or not. It did rise steadily to 18000, which was more than 50% rise when everyone else was expecting it to crash. And he did determine on time that it had inverted and the big phase transition will follow in 2016 and 2017.
• He reiterated his prediction in 2014 (when oil was $100+) for oil to close below $57 and he says it will go lower to $30.
• His model of 224-year Political Change in the USA, predicting exactly the April 2013 month that Edward Snowden made his final and "no going back now" moves to leak NSA expose. That indeed was the top of the USA Empire as predicted, because the NSA is destroying the USA and the world. And now that the world knows, the world is trying to move away from the USA (analogous to the fall of the Athenian empire where the allied countries realigned with Sparta), e.g. China has regulations now against doing business with USA tech companies, Brazil is working on establishing a direct undersea internet cable to Portugal to shut out the NSA, German politicians started using typewriters again to avoid the NSA evesdropping, us hackers have become awakened and are busy creating new technologies for a new anonymous internet, etc..
• There is a video of a 2014 conference where he predicted the Swiss peg to the Euro would fail imminently.
• In 2013 predicting Ukraine as the focal point for the coming bottom and rise of the 25-year Wheeler War Cycle.
• In 2013 predicting Austria as the place of the start of the European sovereign dominoes contagion collapse, which occurred recently.
• Predicting the rise in the abnormal weather in the USA.
• In the videos of the Forecaster trailer, there is a mention of some (I believe Middle East) country asking for him to produce a prediction, the computer said the currency will collapse in 8 days. It did!
• He has stated he expects wider spread of war starting from 2017.
• etc, etc, etc,

I mean seriously the guy's computer and models have been predicting everything correctly since it was created in the 1970s.

And you doubt his 2018 - 2019 pandemic prediction?

Not wise.

...

darlidada

It is easy for anyone (like people writing posts on the Internet) to pass along suggestions, I understand that.

But, iamback is right.  You need to prepare.  Maybe things will work out OK (but highly unlikely in my opinion) .  But, if not, then you must be prepared "at least better than average."  Even if you don't like present circumstances, you must ACT, and now is a good time, and get to work on this.  I do understand that France has many problems, some worse than here in the USA.

The old saying goes like this:

"I cannot run faster than the bear.  But, I can run faster than YOU."  (Meaning, of course, that the probabilities of coming through OK in Bad Times are better if you are better prepared than your neighbors)


iamback

I too have found that writing on topics like this crystallizes thinking.

I should have mentioned ammo too.  Obama came close to banning the most popular round for AR-15 ("green tips") because, erm, he says they are armor-piercing...  Today I read that BATF is backing off the proposed ban, which of course is unconstitutional.  Not that that stops the Socialist Scum.

I have a semi-auto "AK-47" ("Saiga", an Izhevsk-Nevada joint venture).  3000 rounds of 7.62 * 39, 1000 more of 9 mm for my Beretta.


Dr. CoinCube  

It's good to see that you are studying the risks of financial collapse.  Put that nice income of yours to work!  I have not read enough of this thread to know if you have a family or not.  If you are single, then you can be somewhat single-minded in preparation.  And if you DO have a family, then you MUST think even harder about the future (uh-oh, I must have picked-up a hectoring tone from someone here, smile,,,).

Besides, if you save a lot (gold, stocks or even whatever iamback would suggest), then you will be in great shape for almost any future.

If you do not own a gun, don't be a snob, go buy one or two!  Don't wait around!  And LOTS of ammo!  THREE times what you "think is enough".  My 3000 rounds for the AK isn't even enough "for a good firefight" my redneck friends tell me...

There is no benefit to attracting flies who throw temper tantrums when they aren't spoon fed.

I guess you have time to waste in Toys Я Us.

Wouldn't it be more productive spending our time programming and creating solutions, than talking here?

I don't give a rats ass who reads my essays.

I wrote them so my conceptualization would be solidified not to win a popularity contest.

Don't panic. Don't procrastinate. Proceed methodically on a wise Plan A.

Do not take on more debt.

Prepare Plan B, and Plan C as well.

I would advise Plan B or Plan C would include an option for seeking greener pastures.

I was an economics major for a year before deciding that the opportunity cost of that career track was far too high. I subsequently jumped ship to biochemistry and mathematics. I have a doctorate but it is not in a field related to economics.

I very much value my time and the time of others. If I did not believe the information was both unique and worth reading I would not have posted it.


As the old saying goes you can catch more flies with honey then vinager. 

@iamback: ive avoided reading your posts for the last 3 months. im already fighting depression and it was scaring me and i didnt want to think about it. i know you and armstrong are right and a cataclysm is coming. i sense it. i live in france and things are getting tougher every day. i guess i need to prepare myself too.

The Euro has broken through that green line on the chart from prior post. Will be probably get a deadcat bounce soon.

http://armstrongeconomics.com/2015/03/10/the-euro-cracks-107/

CoinCube, the EU Petri dish has almost exhausted its food supply. Armstrong is confirming the 2018 to 2023 timeframe for Greece to exit when the entire EU dies:

http://armstrongeconomics.com/2015/03/09/can-the-euro-survive-beyond-2018/

Europe is the first domino to tip over starting 2015.75...


The latest Forecaster trailer:

https://www.youtube.com/watch?v=byGEOiBz1RM



http://armstrongeconomics.com/2015/03/10/sovereign-debt-crisis-on-steroids/


http://armstrongeconomics.com/2015/03/10/real-estate-doing-well/


http://armstrongeconomics.com/2015/03/09/usa-premier-a-surprise-event-la-nyc-in-just-weeks/

Hopefully not too much, since the mainstream crap out there is mostly nonsense, including much of Austrian economics too.

Don't read. Please leave. In fact, I command you to not read it and to not waste your time posting in this thread.

Bye.

(CoinCube this is an example of how to be efficient. Don't waste your time (as coinits says, let them "jump fuckers"). You don't have much time remaining).