Topic: Economic Totalitarianism - page 103. (Read 345738 times)

That's a labor theory of value and, thus, inaccurate. PoW merely ensures that one's (monetary) interests are best served through a coin and not against it (for the non-trivial investment that is the common PoW-coin mining operation).

Isn't that essentially all you are born with? Time (*and space)? Perhaps this is why the idea (value) of martyrdom is so powerful: you sacrifice your current time and space for a chance to expand your value into the greater expanse of communal time and space?

Bringing it back OT: Isn't this what a POW system represents: Input of time + space (energy?) = symbolic output?

The solution is simple and it will never become a reality. All value is based on time.

There is supposed to be a bank secrecy law in the Philippines, but it doesn't apply any more if you are an American:

http://globalnation.inquirer.net/126363/u-s-and-ph-sign-anti-tax-evasion-pact

As I said, Asia will bottom by 2020, because it has much more upside:

http://business.inquirer.net/195694/aquino-signs-into-law-2-economic-game-changers

No it won't!

Your model of the goal and outcome is wrong. Read my my post at the following link:

https://bitcointalksearch.org/topic/m.11937734

The entire EU will brought into debt crisis and only then will there be a monetary reset in a NWO slavery system.

Dumb ass European people can't even see what is so obvious to me since 2010 when I predicted this outcome.

Please take your Biblical preaching and existential philosophical wanderings to own thread. It is OT here. Start a thread on that and I will join you over there.

Money does not inherently beget State and is compatible with tribalism. I am working on that paradigm shift now. I explained already upthread(in Economic Devastion because I attempted to move the discussion there please) that technology and not money is what caused the current state-of-affairs.

Your theory of money and economy is too myopic.

For a presumption of existence, the acknowledgment of nonexistence would seem lunacy.

You always come back to the idiotic theme of the only economy is no economy, i.e. man is an island.

Even the Bible recognizes for example in the Parable of the Talents that not conducting trade and commerce is more evil than burying your talents (capital or shekels) in a hole.

The following explicitly argues against producing everything yourself and instead build economies-of-scale and trade:

Leviticus 19:19  Ye shall keep my statutes. Thou shalt not let thy cattle gender with a diverse kind: thou shalt not sow thy field with mingled seed: neither shall a garment mingled of linen and woollen come upon thee.

(The fitness, as it pertains to the debate of color, of the blind is that of the non-Postmodern Epicurean as it pertains to the debate of ontology—illusory [i.e., non-veridical])



Economy is the controlled implosion of conceived value, via the infinite blueshift of idle want, within a social Schwarzschild wormhole that terminates with one's person.


All gain should seem infinitesimal relative to the More of boundless want—a demigod.

Thanks for the replies/edits TPTB. Very interesting.

I think not until late 2017 or perhaps 2018. And the worst of war probably not until 2019 - 2023 or maybe even after 2024 for the worst for the West. Note in my prior post that Asia will strengthen after 2020 while the West will collapse. Perhaps proxy wars with China and Russia from 2018 to 2023 (e.g. Ukraine and Baltic states, plus the South China sea issue in SE Asia), and then some hot wars in the West from 2024 to 2032 (China and Russia attack directly the USA and Europe?). Two stages of international war akin to WW1 and WW2. Also ISIS in the Middle East.

The economic side of the crisis has to worsen much more before the blood shed begins. Our first challenge is hurdling the economic downturn and warfare (capital controls and expropriation). That is what drives the unrest and eventually war.

Need time for the ratcheting.

Edit: Armstrong posted about Wesley Clark's quip and related it to internment camps:

http://www.armstrongeconomics.com/archives/35243
http://www.armstrongeconomics.com/archives/35146

I agree, some strange stuff is going on.  I stopped following the "alternative media" crowd because they seemed to be the only ones pointing to growing social unrest, but it seems like a lot of the things they had been saying are looking like reality.  I have been following their reports again for the past few months.  Military on the streets of the US seems like a highly probable thing.  The govt going to war with veterans/gun owners too is causing backlash.

No longer is the US gvt acting like they have all the time in the world to act.  I think their attacks on gun owners will continue, as they are trying to make it illegal for large segments of the population to own a gun.  I think this is how they plan to further the unrest in the US.

Armstrong does also incorporate a Cycle of War model and yes it is pointing to 2017 as the start of intra- (aka civil unrest) and international war. Also about that time or 2018 is Pandemic Cycle (backtested since beginning of recorded human history as are all of Armstrong's models) is pointing to potentially a pandemic (perhaps war will spread it as was the case for how the Black Death entered Europe).

With that model he was able to pinpoint Ukraine and the start of issues in Ukraine precisely and long before it was on the news or on anyone else's radar.

People are not ready. We are heading into some serious shit and soon.

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I haven't been studying it that closely (so much crap lurking and my head is in the programming sand), but the instances will accelerate (even in 2015) and come from all over the place, especially in 2016.

Probably some rating agency downgrade, Basel deadline, or something just after the Europeans get back from summer vacations after August. Something big will happen in September. Armstrong will probably home in on it soon. I'll be paying attention and bump the thread once I am aware of it. I remember something Armstrong wrote about a requirement on Greece that comes in August or September...

This exhale on Greece will be very short-lived. The episodes of calm will become shorter and shorter, and volatility will increase and increase. October is the BIG BANG.

P.S. Note I prepended to my prior post.

Edit: I maintain move to dollar cash until after October. Then on those lows move to dollars, US stocks, gold, and crypto. After 2017, my only hope is on crypto. After 2020, try to invest in Asia if you can hide it from your home countries' capital controls and virtual/proxied internment of yourself where ever you may roam.

Edit#2: Armstrong's computer model for the Euro chart points to a big event in September (the Composite bar at top row) with Volatility increasing in August after quieting in July which will be very significant Long-term and Directional change in September:



I believe he called for 0.85 level so perhaps it will break down through to the lowest purple trendline sometime between November and January. Note the bright yellow Trading cycle in February, so that might be the low for the Euro?

I am wondering the same thing.  Are there going to be more "debt restructurings" for countries like Italy, Portugal, Spain?  Do the huge stock losses in China have any bearing on these countries and their debt?

Also, does you modeling predict more social unrest?  It seems like the US has been preparing for this for some time, will there be some sort of false flag/computer bug/ cyber attack that will spur things this fall?

Okay so what instances are going to happen in 2015 to accelerate things? Greece appears, for now, to be deferred until 2016.

Agreed. 2016-2017 is the ratcheting of the cascade for submission of sovereignty for EU nations.

For the USA, that will come later in 2017-2018 with the peak ingress of safe haven seeking capital-chasing-capital ducks stampede in from the periphery and with the allegedly closet-lesbian, ashtray-hurling, führer Hellary Slimeton at the "Little Village" socialism, concentration camps "either you are with us or against us" profiling helm.

Note Asia will also experience a sharp downturn (shrinkage of their export markets, corporations sold huge bond issues denominated in dollars and $usd will appreciate) but unlike the Western nations which are burdened with fiscal debt, Asia's excessive debt load is only at the corporate level (even in China because bankrupt LGOs should be viewed as separate from the central government and can be politically thrown overboard in defaults/writedowns) and can be defaulted. Thus Asia will bottom 2020 and start rising again. While the Western nations are politically embroiled in a fiscal debt morass NWO from which there is no escape other than a Knowledge Age for those who avail of it.

However, Asia will lead the NWO because Asia is top-down run by fascist taipans. Thus the real antithesis to the NWO is the Knowledge Age and not Asia's fiscal and youthful demographics buoyancy that is being harvested by the taipans.


My model of the Euro crisis is that TPTB created the Euro currency union separate from a fiscal union, to enable the model for cascade into a NWO.

They pumped debt into the overvalued nations then as the usury compounded coupled with the appreciation of the Euro that outran their incapacity to produce, the impending defaults forced a choice of increasing the debts or defaulting.

The EU banking model was set up such that the member nations would have no realistic choice but to accept ever increasing debt bailouts (coupled with austerity which accelerates the need for more debt bailouts). TPTB have forced the national fiscal balance sheets to assume this debt and they are metastasizing this debt load throughout the EU into the northern balance banks and also eventually entirely on the northern fiscal balance sheets:


Simultaneously TPTB set up the Basel rounds of increasingly strict banking disclosure and mark-to-market Tier capital classifications which are being staged phased in to ratchet the cascade contagion.

The cascade model is that the instances of debt crises throughout the EU will accelerate until all the nation-states are incapacitated by debt on their fiscal balance sheets, at which point they will have entirely submitted their sovereignty to the EU and ECB.

So the contagion will not be a debt default until it encompasses a default of all the EU nations, and at that point there will be monetary reset with sovereignty submitted to the EU, wherein all the debts will be written down using the ECB.

I predicted this in 2010 with the widely syndicated essay:

http://www.coolpage.com/commentary/economic/shelby/Understand%20Everything%20Fundamentally.html#europe

To me it appears 2015.75 will be the beginning of a federalized Europe and eliminating cash, all signs are pointing towards totalitarianism despite the European peoples wishes.

http://www.lejdd.fr/Politique/Francois-Hollande-Ce-qui-nous-menace-ce-n-est-pas-l-exces-d-Europe-mais-son-insuffisance-742998