In regards to Armstrong's claims of predicting pandemic in 2018 I would restate my prior arguments that I believe accurate prediction of such an event is impossible.
Most pandemics occur when a pathogen jumps a species barrier to a new host (humans) that are not adapted to it. Such a process should be random and follow a Poisson distribution. The expected time between pandemics should therefore follow an exponential distribution. I am skeptical of the validity of a cyclical model predicting a definitive pandemic date.
I agree that that economic collapse and overpopulation could lead to worsening squalor increased contact with infected animals and increased chance of a pathogen jumping the species barrier. If economic collapse and downturns occurred cyclically that could introduce a cyclic increase in jump probability and the Poisson distribution would not hold.
However, all that would mean is that there would be times of increased risk of a pandemic and times of lesser risk. A higher probability is no guarantee that such a pathogen will jump. The Jump itself would still be a random process. It seems ridiculous to me for anyone to claim there is definitively going to be a pandemic in 2018. The only way to know that with certainly would be if you were the one introducing the pandemic.
My genuine impression of Mr. Armstrong is that he is someone who has predicted, probably correctly, that 2015-2016 is the date when the central banks finally start to lose control and that he is planning to leverage that prediction into $$$ by selling terrified investors (very expensive) investment advice.
However, I am keeping an eye on his predictions.
1) Economy turning down at the end of 2015 and
2) Pandemic in 2018
3) Any others?
I think he is right about #1 and I do not believe #2 is possible to predict unless you are directly involved or communicating with individuals introducing a pandemic. If both predictions #1 and #2 happen on schedule I will revise my opinion accordingly.
You are doing fundamental analysis of how you think a pandemic would have to be predicted. But Armstrong isn't using fundamental analysis.
Point is that fundamental analysis (e.g. climatologists) isn't necessary to recognize repeating patterns which be correlated without any fundamental knowledge. And it turns out that fundamental analysis is often very poor at making predictions, because it fails to account for some factors, e.g.
Greenspan not accounting for international capital flows.
We appear to have a disagreement on the liklihood of being able to foresee Black Swan events. Too many, too weird and too unlikely (each one) to be accurately modeled, in most cases, IMO.
* * *
Finally, I disagree that a smart brain, or sets of brains and computers, can get much (some, but not too much) from environments that are much, much more complex than our brains (even yours or his) to keep track of all outcomes... Trends and insights yes. Brilliant "aha" moments, yes as well. EVERYTHING, including low probability but high impact events, no.
There are cyclical patterns that repeat over and over in history. There can't be any disagreement with a fact, rather only denial of the facts.
For example, as I wrote:
For example, the cyclical movement of the earth's north and south magnetic poles, which impact aggregate weather patterns.
That is a fact. You are pretend that facts don't exist if you want.
It is apparently a fact that pandemics correlate with a confluence of war and bad economics.
Perhaps this following would be instructive on how war leads to epidemics now you just have to have a pathogen ready to jump to the new mode of transmission brought on by the war and pestilence:
https://en.wikipedia.org/wiki/Anne_Frank#Deportation_and_deathhttps://en.wikipedia.org/wiki/Bergen-Belsen_concentration_camp#LiberationI understand they had to maintain a 48 km zone around the camp so they could delouse the lice which were the carriers of the Typhus pathogen.
Rats were the carriers in the Black Death.
Sex is the mode of transmission with HIV.
The next pandemic is likely to be influenza with breathing air as the mode of transmission. The Spanish Flu influenza was brought on by World War 1:
https://virus.stanford.edu/uda/The Influenza Pandemic of 1918
The influenza pandemic of 1918-1919 killed more people than the Great War, known today as World War I (WWI), at somewhere between 20 and 40 million people. It has been cited as the most devastating epidemic in recorded world history. More people died of influenza in a single year than in four-years of the Black Death Bubonic Plague from 1347 to 1351. Known as "Spanish Flu" or "La Grippe" the influenza of 1918-1919 was a global disaster.
In the fall of 1918 the Great War in Europe was winding down and peace was on the horizon. The Americans had joined in the fight, bringing the Allies closer to victory against the Germans. Deep within the trenches these men lived through some of the most brutal conditions of life, which it seemed could not be any worse. Then, in pockets across the globe, something erupted that seemed as benign as the common cold. The influenza of that season, however, was far more than a cold. In the two years that this scourge ravaged the earth, a fifth of the world's population was infected. The flu was most deadly for people ages 20 to 40. This pattern of morbidity was unusual for influenza which is usually a killer of the elderly and young children. It infected 28% of all Americans (Tice). An estimated 675,000 Americans died of influenza during the pandemic, ten times as many as in the world war. Of the U.S. soldiers who died in Europe, half of them fell to the influenza virus and not to the enemy (Deseret News). An estimated 43,000 servicemen mobilized for WWI died of influenza (Crosby). 1918 would go down as unforgettable year of suffering and death and yet of peace.
People were struck with illness on the street and died rapid deaths. One anectode shared of 1918 was of four women playing bridge together late into the night. Overnight, three of the women died from influenza (Hoagg). Others told stories of people on their way to work suddenly developing the flu and dying within hours (Henig). One physician writes that patients with seemingly ordinary influenza would rapidly "develop the most viscous type of pneumonia that has ever been seen" and later when cyanosis appeared in the patients, "it is simply a struggle for air until they suffocate," (Grist, 1979). Another physician recalls that the influenza patients "died struggling to clear their airways of a blood-tinged froth that sometimes gushed from their nose and mouth," (Starr, 1976).
It spread following the path of its human carriers, along trade routes and shipping lines. Outbreaks swept through North America, Europe, Asia, Africa, Brazil and the South Pacific (Taubenberger). In India the mortality rate was extremely high at around 50 deaths from influenza per 1,000 people (Brown). The Great War, with its mass movements of men in armies and aboard ships, probably aided in its rapid diffusion and attack. The origins of the deadly flu disease were unknown but widely speculated upon. Some of the allies thought of the epidemic as a biological warfare tool of the Germans. Many thought it was a result of the trench warfare, the use of mustard gases and the generated "smoke and fumes" of the war. A national campaign began using the ready rhetoric of war to fight the new enemy of microscopic proportions. A study attempted to reason why the disease had been so devastating in certain localized regions, looking at the climate, the weather and the racial composition of cities. They found humidity to be linked with more severe epidemics as it "fosters the dissemination of the bacteria,"
The origins of this influenza variant is not precisely known. It is thought to have originated in China in a rare genetic shift of the influenza virus. The recombination of its surface proteins created a virus novel to almost everyone and a loss of herd immunity. Recently the virus has been reconstructed from the tissue of a dead soldier and is now being genetically characterized. The name of Spanish Flu came from the early affliction and large mortalities in Spain (BMJ,10/19/1918) where it allegedly killed 8 million in May (BMJ, 7/13/1918). However, a first wave of influenza appeared early in the spring of 1918 in Kansas and in military camps throughout the US. Few noticed the epidemic in the midst of the war. Wilson had just given his 14 point address. There was virtually no response or acknowledgment to the epidemics in March and April in the military camps. It was unfortunate that no steps were taken to prepare for the usual recrudescence of the virulent influenza strain in the winter. The lack of action was later criticized when the epidemic could not be ignored in the winter of 1918 (BMJ, 1918). These first epidemics at training camps were a sign of what was coming in greater magnitude in the fall and winter of 1918 to the entire world.
The war brought the virus back into the US for the second wave of the epidemic.
Note the outbreaks and genetic mutation of influenza in China recently. Notice the USA having troops all over the world.
http://en.wikipedia.org/wiki/Influenza_A_virus_subtype_H7N9The World Health Organization (WHO) has identified H7N9 as "...an unusually dangerous virus for humans." Most of the cases resulted in severe respiratory illness, with a mortality rate of roughly 30 percent. Researchers have commented on the unusual prevalence of older males among H7N9-infected patients.
As of January 2014, there has been no evidence of sustained human-to-human transmission, however a study group headed by one of the world’s leading experts on avian flu reported that several instances of human-to-human infection are suspected.
Note that influenza vaccines are typically not that effective in the elderly:
http://www.cidrap.umn.edu/news-perspective/2015/02/studies-spain-scotland-support-flu-vaccine-effectivenessVE was 60% (95% CI, 22%-79%) for patients younger than 65 and at risk for serious flu complications, but only 19% (95% CI, −104%-68%) for those 65 years and older, which made it not statistically significant.
http://www.cbc.ca/news/health/vaccine-development-for-h7n9-flu-problematic-1.1370919"If we can't get a good response there" — with healthy adults — "the question is: Why would you ever expect a better response in the older population," noted Osterholm, whose team produced a major report on flu vaccine last year, called the CIDRAP Comprehensive Influenza Vaccine Initiative.
A per person dose of 180 mcg would sharply reduce the amount of vaccine available during a pandemic.
The latest global production estimate is 1.4 billion trivalent (three-in-one) shots in a year, Osterholm said, or 4.2 billion 15 mcg doses. Dividing that by 12 would suggest something in the order of 350 million people could be vaccinated in the first year of a pandemic — if all went well with production. Making flu vaccine is a finicky business and hitches in production are not uncommon.
A number of the vaccine manufacturers have products called adjuvants that can boost the impact of flu vaccine, allowing less vaccine to be used for each person. Adjuvants can stretch supplies significantly. During the 2009 H1N1 pandemic, Canada and a number of European countries bought vaccine that included an adjuvant. The United States did not.
Since that pandemic, studies in several European countries have linked use of GlaxoSmithKline's adjuvant, AS03, with an increase in the incidence of narcolepsy among young people. (A study looking to see if rates also rose in Canada is still underway.) Given the questions swirling around that situation, some countries may not feel safe to use an adjuvant with an H7N9 vaccine, Osterholm noted.
"If you add all those together, it doesn't paint a really very optimistic picture about influenza vaccine being a really significant weapon against this, should a pandemic emerge quickly," he said.
http://www.nih.gov/news/health/oct2014/niaid-07.htmAn experimental vaccine to protect people against H7N9 avian influenza prompted immune responses in 59 percent of volunteers who received two injections at the lowest dosage tested, but only if the vaccine was mixed with adjuvant — a substance that boosts the body’s response to vaccination. Without adjuvant, immune responses produced by the investigational vaccine were minimal regardless of vaccine dosage, according to findings from a clinical trial sponsored by the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health.
The Phase 2 trial enrolled 700 healthy adults aged 19 to 64 years old.
That study apparently didn't report the differential response in the elderly, and in fact didn't include anyone over 65.
I am expecting the next epidemic to help wipe out the socialism problem with entitled boomers. Eyeballing it
roughly half of the boomers will be age 65 or older in 2019.