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Topic: Is a Madmax outcome coming before 2020? Thus do we need anonymity? - page 17. (Read 102812 times)

hero member
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Activity: 518
Merit: 521
---------------------------- 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.)
hero member
Activity: 518
Merit: 521
Martin Armstrong talks about what is coming after Sept. 2015 from the 34 min point forward in the a July 14 interview, but the most interesting part for us might be from the 43 min point forward (especially 46:30) where he talks about alternative currencies during this coming period. You can quickly skip forward in the interview to the juicy part. His war and social unrest cycle will start firing zonkers starting this November.
hero member
Activity: 518
Merit: 521
Armstrong is a naive fool sometimes wherein he doesn't believe there is global coordination...

Also noose is tightening around Westerners' necks...


Thailand BREAKING NEWS
Immigration: Foreigners must now carry valid ID at all times, report within 24 hours

http://www.thaivisa.com/forum/topic/747147-immigration-foreigners-must-now-carry-valid-id-at-all-times-report-within-24-hours




> Yep, and remember Putin called for IMF intervention in the Ukraine and
> he's also praised the regionalization process as being "essential bricks
> in the new international economic order".  Hence the ultimate reason why
> the Ukraine needed to be fractured, weakening nation states and why ISIS
> was turned loose on Iraq to further fracture it into three regions as seen
> in maps the globalists developed many years ago of their Greater Middle
> East project.  It all ties together.
> BTW, you may not know it but the management of the border crisis of tens
> of thousands of Latin American children at the US southern border is being
> directed by the UN.  (More than children, there are countless illegal
> aliens flooding the US.)  It has been reported that there were formal
> training sessions for this crisis more than six months before it erupted.
> Also, I've read reports that a similar situation has been simultaneously
> occurring in the UK.  This level of chaos is being orchestrated, no doubt
> about it, and the UN is classifying the illegal aliens entering the US
> "refugees" which, as you know, gives them an elevated status for aid in
> the welfare system and hastens the process of being legalized.
> A flood of UN and globalist "solutions" coming to the fore.  We are being
> slammed hard in a major clusterf***.
>
>
>> Date: Sun, 27 Jul 2014 18:22:45 -0400
>> Subject: RE: Former Asst. Sec of Treasury  & editor of NY Times says war
>> is   coming
>> From: AnonyMint
>>
>> I noticed his mention of UN soluton for Russia and coaxing us to pity
>> Russia.
>>
>> > Paul Craig Roberts is a HIGHLY active gatekeeper and disinfo agent.  I
>> > know this for certain.  Absolutely.
>> > This BS by Craig Roberts is cover for the devaluation of the dollar on
>> the
>> > road to a establishing a global currency.
>> > I've been closely following his writings for about 11 years.  Much of
>> his
>> > early disinfo was to deflect a rising consciousness on 9/11 as a false
>> > flag attack by constantly pumping the "blow back" theme.  He also has
>> been
>> > strong in reinforcing learned helplessness and thus was heavily
>> promoted
>> > by cointellpro Jones.  Since the 2007/2008 banking crisis era and at a
>> > time when many people were figuring out the international banksters
>> > controlled the economy and govt (classic fascism),  Roberts has been
>> > constantly pumping the "incompetence" and small scale corporation
>> > corruption theme as the cause - avoiding at all costs any mention of
>> the
>> > international banksters or a pyramidal system of elite global control,
>> > etc.  In recent months, he has been pumping the faux US vs. Russia
>> cold
>> > war, again as a cover excuse for Russia, China, and other countries to
>> > move away from the dollar when we know for a fact that those countries
>> are
>> > also in the tight grip of the global elite and any such moves they
>> make
>> > are part of a larger plan - they are following orders and tensions and
>> > conflicts are theatrical, contrived, or engineered by TPTB.  Roberts
>> will
>> > never talk about compartmentalization or allude to n-dimensional
>> chess, he
>> > serves the Establishment.
>> >
>> >
>> >
>> >> Date: Sun, 27 Jul 2014 05:22:34 -0400
>> >> Subject: Former Asst. Sec of Treasury  & editor of NY Times says war
>> is
>> >> coming
>> >> From: AnonyMint
>> >> To: [email protected]
>> >>
>> >> http://www.paulcraigroberts.org/2014/07/26/world-doomed-western-insouciance-paul-craig-roberts/
>> >
>>
>
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Activity: 775
Merit: 1000

This is my final communication.

Bitcoiners  , let us rejoice on this!

Nobody believed that this will end before 2020 but it seems like we will get rid of him in 2014.

...

http://youtu.be/rXyZCZd9v0U
  Angry




http://en.wikipedia.org/wiki/Martin_A._Armstrong

This is the guy behind the armstrongeconomics website. In 2006, he pled guilty for committing fraud. You sure you trust his website?

Don't believe everything you read on Wikipedia.  Cry Cry the government set him up, lied, etc.. He plea bargained because they held him in SuperMax prison... Cry Cry

Boring!
If he's so smart, then why was he dumb enough to get himself locked up? No, don't answer that.
hero member
Activity: 518
Merit: 521
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/

His 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.

Former Asst. Sec. of Treasury and editor of NY Times, sees the war cycle rising:

http://www.paulcraigroberts.org/2014/07/26/world-doomed-western-insouciance-paul-craig-roberts/
hero member
Activity: 518
Merit: 521
How accurate is this?

I put income of 30k and it showed me being top 1.5% by income? This can't be right.

You forget there are billions of people who still work for less than $10 per day.

There is a rebalancing coming between developed and developing countries as the G20 + NSA hunts down all wealth in the former. Westerners will be brought down to the level of the developing world, while the fat cat elite will take all our wealth (via the propaganda of the state) so they can lord over the rebalanced outcome.
full member
Activity: 235
Merit: 102
Who is in that Hated top 1% – Could it be You?

http://armstrongeconomics.com/2014/07/18/who-is-in-that-hated-top-1-could-it-be-you/

Quote from: Armstrong
If you make $100,000 a year (salary and investment), you are in the top 1% and those like Piketty hate your guts. And the Press love this guy.

Click here to enter your income and verify.

How accurate is this?

I put income of 30k and it showed me being top 1.5% by income? This can't be right.
hero member
Activity: 518
Merit: 521
http://en.wikipedia.org/wiki/Martin_A._Armstrong

This is the guy behind the armstrongeconomics website. In 2006, he pled guilty for committing fraud. You sure you trust his website?

Don't believe everything you read on Wikipedia. I already answered that question numerous times in my past posts. Why don't you dig and find the truth about what really happened and how the government set him up, lied, etc.. He plea bargained because they held him in SuperMax prison (sometimes in solitary confinement dungeon) for illegal contempt of court without a trial for 7 years. Because he had sensitive information about their illegal activities. They needed a fall guy for the actions they did w.r.t. to Safra and Republic Bank and the Russia manipulation. He has posted many of the supporting and court documents on his blog.

http://armstrongeconomics.com/2014/07/25/wikipedia-bans-congress/

Quote from: Armstrong
Wikipedia bans Congress

Quite frankly, the problem  with Wikipedia is that its open forum should be closed to politics and living persons. Wikipedia has become a political manipulation tool for false information and the fault is the ability for anyone to write about anything. Wikipedia administrators have imposed a ban on page edits from computers at the US House of Representatives, following “persistent disruptive editing”. Guess what, my own page has been edited do many times back and forth by I believe Tancred Schiavoni and friends not to mention altering the definition of contempt to support the position that the receiver Alan Cohen was hired by Goldman Sachs, the very firm we collected evidence against and became a board member yet refused to resign running Princeton Economics. Wikipedia in this area of self-interest is a joke. Anyone can alter the page of a living persons amount to criminal liability for slander yet Wikipedia supports them.

The ban against Congress IPs will not change anything, The problem lies in the design of propaganda.
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http://armstrongeconomics.com/2014/07/24/world-central-bank-secret-agreements/
http://armstrongeconomics.com/2014/07/23/the-euro-3/

Let me interpret what he means. Rising interest rates means you want to sell bonds, because when you buy a bond at a lower interest rate then as rates rise, the price you can sell for is declining (because your bond pays less return). So this causes bond investors to prefer Europe where declining rates means more capital appreciation.

You see if you are a bond investor who wants yield, you go to emerging bond markets not western bond markets which are paying next to nothing. Whereas if you want capital appreciation on your bond investments, you go to Europe now and no where else.

Yet simultaneously a lot of other capital is starting to "get off the grid" because they see writing on the wall as bail-ins and capital controls will come to Europe and in other countries capital is fleeing the rising politics towards "reform", e.g. in China the ill gotten wealth flees to buy real estate in Western countries such as U.S.A., U.K., New Zealand, etc.

So this is why those latter countries have booming economies (influx of capital), while Europe is bleeding.

Fundamentally nothing is getting better any where. We are sliding into the abyss. Come 2016, its lights out.
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If we go into a Madmax world where the governments are bailing-in all the bank deposits, they are instituting negative interest rates to charge you money every month for having money, and the IMF's proposed net worth tax, etc...

Then all those who have wealth will want anonymity. And all those who don't have wealth and suck the tit of government, will not want anonymity.

Which one of those categories applies to you?

Do you think that Madmax outcome is not coming before 2020?

If we live to see the Madmax style post apocalyptic world, I don't think we will need bitcoins :-)
hero member
Activity: 518
Merit: 521
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/

His 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.
hero member
Activity: 518
Merit: 521
Who is in that Hated top 1% – Could it be You?

http://armstrongeconomics.com/2014/07/18/who-is-in-that-hated-top-1-could-it-be-you/

Quote from: Armstrong
If you make $100,000 a year (salary and investment), you are in the top 1% and those like Piketty hate your guts. And the Press love this guy.

Click here to enter your income and verify.
hero member
Activity: 518
Merit: 521
Cross-posting...

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

The Global Police State

Global sovereign debt collapse (which means global wealth confiscation, war, chaos, and descending into the economic abyss).\

So ...are you really saying this will ruin every corner of the globe? if not then what portions are you talking about?
It's just that you keep mentioning Europe and America...but that's all you mention but you keep calling it "global".

So...is it global or is it just Europe and the USA?

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.
full member
Activity: 315
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This is from bank crisis in 2008. Many European countries still did not recover. Austria did, but this band did not i guess.

Europe will be much more ready for next crisis then rest of the world.

Euro zone still have long term debt issue?

Wasn't long ago someone mention Bulgaria has a bank run.
hero member
Activity: 518
Merit: 521
http://en.wikipedia.org/wiki/Martin_A._Armstrong

This is the guy behind the armstrongeconomics website. In 2006, he pled guilty for committing fraud. You sure you trust his website?

Don't believe everything you read on Wikipedia. I already answered that question numerous times in my past posts. Why don't you dig and find the truth about what really happened and how the government set him up, lied, etc.. He plea bargained because they held him in SuperMax prison (sometimes in solitary confinement dungeon) for illegal contempt of court without a trial for 7 years. Because he had sensitive information about their illegal activities. They needed a fall guy for the actions they did w.r.t. to Safra and Republic Bank and the Russia manipulation. He has posted many of the supporting and court documents on his blog.
newbie
Activity: 37
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http://en.wikipedia.org/wiki/Martin_A._Armstrong

This is the guy behind the armstrongeconomics website. In 2006, he pled guilty for committing fraud. You sure you trust his website?
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