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Topic: Martin Armstrong Discussion - page 340. (Read 647062 times)

sr. member
Activity: 420
Merit: 262
September 21, 2015, 07:24:05 PM
For those in Europe who are in their teens and 20s, the challenge you face is how to reconcile the way you've been taught and brought up, with the reality of the shift you need to make in your understanding of reality in order to maximize your prosperity. This is nearly an impossible hurdle for you, because it is very difficult to break away from everything you are. Stealth communism and stealing from the collective as form of love appears from my distant view to be deeply engrained in European memes and culture by now. Every European I've met sees social welfare and regulation as great invention of refined, modern humanist man, without exception. Even the ones who admit it is a failure, gladly avail of it and when it comes right down to it, they like it.

The difference for me as an X-gen American, I reject it. I don't want it. Offer it to me, and I am too proud of the free market to accept the offer. I will accept individual charity in times of dire need, but not from the State authorizing them to steal for me.

Until you come to grips with the reality of "democratically" transferring power to the State to steal and that no amount of regulatory oversight can ever reign in corruption (never has and never will), then you will forever be in economic collapse mode. Rpietila astutely pointed out that until you promote private ownership of guns, then you are willfully transferring your veto over corruption. You Europeans will soon experience what not having this veto really means.

This is a classic deception case. In the time of the founding fathers, revolution and constitution (2 amendment), it was clear to everyone, even the illiterate, that the reason to have guns is to keep the government in check. Then they had some peripheral uses, now that is pretty much the only use of a gun.

Now, everything the government does related to gun ownership, is to confuse people from understanding and sticking to this fact.

I won't hold my breath to ever see a tax-funded ad promoting gun ownership as a means of keeping the government in check, nor disclosing that the real reason for trying to disarm the people is that the government could grow ever more tyrannical with less and less possibility to be contained. Ever. Prove me wrong, servants of the people!  Roll Eyes


http://www.armstrongeconomics.com/archives/37277

Quote from: Martin Armstrong
Greek Elections – Status Quo

I am here in Parliament Square in Athens for the elections. I have been talking to a lot of people and it is really fascinating. When I ask, “Why are you voting for the same guy when he didn’t do what he was elected for?” the response is shocking, “Yeah — but nobody does what they say they will do.”

Elections seem to be ceremonies rather than something that people really expect to change. Everything was shut down today for the elections. The tourist industry shut down at 3:00 PM for voting.

Greece is an absolutely beautiful country. It is a shame what the politicians have done.

Part of the problem is that the people still expect to be able to get all their services. The people are not willing to make the sacrifices to discard socialism (i.e. stealing from the collective via debt to transfer power to corruption). The problem is the Europeans are themselves stuck in a stealth communist delusion. The powers-that-be know this and thus they know the people can never get organized to change anything. Plus the Greeks don't own guns.

The astute youth of Europe will realize they simply need to depart the morass of Europe.


http://www.armstrongeconomics.com/archives/37285

Quote from: Martin Armstrong
Believing in Nonsense

QUESTION: How can you refute all the evidence that there is global warming and climate change caused by man?

ANSWER: First, you should not be reading this blog for you obviously believe in government propaganda no matter what the field has put out by the academic community. Global warming is on par with Marxism and thinking that handing all power to government will prevent recessions.

Even in economics, I was told to be a good boy and put out studies with predetermined conclusions. If I complied, I would make millions per year for every bill passed by government requires a bogus economic study. Some academics are independent free thinkers, such as Milton Friedman. Those willing to buck government whom are not on the gravy train of government subsidies are the minority. The same is true with this nonsense that man is entirely behind climate change, as natural cyclical forces, such as the energy output of the sun, are not even considered.

If you accept the idea that global warming/climate change is caused entirely by man, please stop reading this blog, for you will also believe whatever government tells you with their equally bogus economic statistics. You are not going to make it to the other side.

The entire theory of man causing climate change is nonsense as if it were something created since the 1920s with absolutely no study whatsoever on the cyclical nature of the climate pre-1920. These bogus corrupt “scientists” (using the word very loosely since they sell out to the highest bidder) do not demonstrate ANYTHING historically, yet you try to put the burden on me to prove a bogus theory is wrong. You begin with accepting whatever they say is true and then demand I prove a negative is negative. These bought and paid for “scientists” have not provided a documented study for thousands of years and they keep manipulating the data to try to pretend they are right when ALL independent research demonstrates they are dead wrong. The North Pole moves, yet their stations are fixed, and they declare it is getting warmer because the pole moved further away. The North Pole is moving to Russia. There is even evidence that the poles flip on Earth just as they do on the sun. Sun poles flip north to south about every 11 years, but on Earth, the pole flips are measure in hundreds of thousands of years, so we are overdue.

The entire theory of greenhouse gases is based upon an assumption that temperature throughout the troposphere would be constant if not for human activity. If they were financial analysts, they would conclude after a three-year bull market that stocks only go up, or like the gold promoters who claim every rally is real and declines are manipulations for they can see only one side. The corrupt pretend scientists assume that carbon dioxide and methane raise the surface temperature of the planet because they assume that temperature would be the same at all levels in the troposphere if there were no greenhouse gases. Of course, they have no data to prove that such a perfect state of equal temperatures ever existed. They are so off the planet, demonstrating that they completely fail to comprehend how a dynamic system works.

So sorry. The burden is yours, not mine. Show me a study that proves these theories for thousands of years. Then and only then is it even worth discussing.

These people flew a plane over the South Pole and said, “OMG, there is a hole in the ozone so we must have caused it!” They are clueless for saying that there was never a hole before. It is just amazing. They have put forth NOTHING to prove their theory before 1900 and attribute everything to human activity. Sure, we do not want to be in a city where you cannot breathe. London used to be that way in the 1980s, but it has been cleaned up as buses where the main culprit.

Now that cars are more efficient and electric cars are starting to take over, states are looking to switch to taxing people per mile driven because revenue has declined from gasoline. Even government realizes the peak in fossil fuel is past us and contributes to why oil has entered a new phase. All the data from satellites proves that temperatures have been declining for almost the past two decades, but academics get checks from government for studies. The last economist who told a government they were wrong after taking the head job to draft the business plan was Kondratieff. If you do not put out studies that say what government wants to hear, you will not get paid. That is the simple fact, and it is the same in every field.



newbie
Activity: 9
Merit: 0
September 21, 2015, 06:34:59 PM
Dude, it's you who thinks a disease is the cause of the divergence between the East and the West and can explain 800 years of world history.

Maybe it can't maybe it can, right? Maybe it can't explain the divergence, but it might have caused the divergence, being a very large butterfly and all.
sr. member
Activity: 420
Merit: 262
September 21, 2015, 06:28:07 PM
You are the generation I want to connect with and wasn't sure if I could. So you post means I lot to me. Thank you. You are the future.
newbie
Activity: 9
Merit: 0
September 21, 2015, 06:25:42 PM
Hi, I'd like to thank you all for the very informative/educative posts (on many different informative threads).

I can't offer any substantial input in return, can reply with some opinion/experience if anybody's interested, 19yo born and raised in The Netherlands.

To my experience, the educational system is not adapting rapid changes (social/structural/knowledge age stuff) fast enough.

Your European interpretation of my statements makes me chuckle.

I should not be saying this but please don't get too distracted anony, we all have great faith in you and am very eager to start zapping Ions
sr. member
Activity: 420
Merit: 262
September 21, 2015, 05:48:29 PM
Exhibit B:

Now lets read together an article of Szabo on this subject:
http://unenumerated.blogspot.fr/2013/11/european-asian-divergence-predates.html

...

Quote
"Higher labor productivity implies higher per capita income"

Exactly what I have written two time already. I will re-quote myself because it's the only thing to do with people who people overlook your wisdom because they think you are dumb:  "Real wage are 100% determined by the labor productivity"

Quote
"the increased efficiency of rice in converting solar power to consumable calories, for example, simply led to a greater population rather than a sustained increase in per capita income."

He says that the East failed to escape the Malthusian trap. He seems to wrongly attribute the cause of this to the rice cultivation, when a more robust explanation is a lack of creativity.
----------------------
So according to Szabo innovations, and therefore the labor productivity, and therefore real wages, were higher in the West before the Black Death.

It's undermine your thesis (high real wages in Europe were not caused by the mortality caused by the plague, but were caused by the innovations which predate the Black Death) and sustain mine (high real wages were caused by the West greater creativity, ie an internal factor whose origin can be found in its culture, not an external factor like the plague).

Yet again you demonstrate myopic selective reading comprehension of your quoted sources and confirmation bias by failing to entertain all of the variables:

Quote
"these seem not to have had an anti-Malthusian effect in increasing labor productivity "

He says that the West had start to escape the Malthusian trap before the Black Death because of these innovations.

Your English comprehension is apparently about 7th grade level. That is not the meaning Szabo wrote.

Quote from: Szabo
Greater use of draft animals led to higher labor productivity and larger markets for agricultural output, and thus to greater agricultural specialization. Higher labor productivity implies higher per capita income, even if it can’t be measured. For civilizations outside Western Europe by contrast, much less use was made of draft animals with the result that these effects were confined to within a dozen or less miles of navigable water.

Contrariwise, northern Europe has always been at a severe ecological disadvantage to warmer climates when it comes to growing rice, cotton, sugar, and most other economically important crops.  However these seem not to have had an anti-Malthusian effect in increasing labor productivity -- the increased efficiency of rice in converting solar power to consumable calories, for example, simply led to a greater population rather than a sustained increase in per capita income.

Szabo is writing about the acceleration in the use of draft animals post-Black Death and the fact that there never existed any Malthusian trap, rather only the feudal land owners (a Coasian barrier) stomping on the free market.

Exactly what I told you up thread.

Now please STFU. You are wasting my time. Have you no shame?
sr. member
Activity: 420
Merit: 262
September 21, 2015, 05:22:47 PM
Yes I am French and I am arrogant only when I am talking subjects that I know I master...

Exhibit A:





I don't like misinformation. This graphic is misinformation....

It was used to emphasize a point that imported RAW milk cheeses are illegal in the USA (less than 60 days aged) whereas guns are not.

Of course the Europeans will frame the outrageous USA ban on RAW foods (that have all the healthy enzymes we need for proper health) as one of guns being bad because Europeans are so far into Communism they can't even seem to understand their multi-culturalism is their own Freudian desire to steal from someone while pretending it is love (formerly known as imperialism).

Europe will crash and burn severely. Mark my word.
sr. member
Activity: 420
Merit: 262
September 21, 2015, 04:08:28 PM
Depeche Mode is an English band. The other singer you're thinking of is Morrissey.

I was really into their album Black Celebration when it first arrived in the 1980s. I wasn't so much into their big hits before that. The music I really find boring is all that repetitive techno that seems to be popular in Europe and sounds the same to me. Other than that, opera, and various folk styles of music, I don't know of much coming out of Europe other than the occasional British band or artist and I shouldn't forget Led Zeppelin (I still have Led Zeppelin - How Many More Times in my regular workout playlist.) and Australia's AC DC which were both big for me as teenager. When I have time, I look into those suggestions you made. Brits apparently inject their nonchalance into their music, which typically is less appealing to me. But Morrisey is just weird (blunt, humor, outlandish, etc) enough to keep it interesting for me. Now when I listen to Elvis he was hard-edged mixed with soulful Deep South and just far enough away from pop R&B and closer to Mississippi delta blues to translate some of the full body aroma. Apparently though he wasn't creative enough to write his own music and looks like creatively he burned out fast and lost his direction as a result. He was all high energy, fan entertainment. When the song writers stopped making new hits for his style, he didn't have anything new to be excited about. Sad for me to see such a vocal and stylistic talent being so high on drugs in his last public performance that he couldn't recite the words of his famous song.

I like the Old America with its nuanced, non-commercialized flavors and blunt, unrefined, hard-edges. I want to listen to some of that new stuff coming out and see if there is still any deep chicory flavor or other influences. Maybe America is not (musically) dead.

The grunge rock out of Seattle in the early 90s produced some good music in my opinion. For example, Alice in Chains and one of my favorites from that period Stone Tone Pilots - Unglued (but the chorus is too bland). Also Nirvana - Very Ape instrumental.
legendary
Activity: 2044
Merit: 1005
September 21, 2015, 03:36:45 PM
Please do not continue your nonsense. You can protest all you want about me suggesting to you to stop splattering your Dunning-Kruger arrogance all over this thread.

Are you French? (see http://france-bitcoin.net/ in your signature line that makes me think maybe you are). If so, perhaps that might explain your arrogant attitude. I've heard but never experienced personally that the French are quite arrogant.
Yes I am French and I am arrogant only when I am talking subjects that I know I master and against people like you who are ahead of themselves, arrogance is the only healthy attitude in those particular circumstances.

But my arrogance is dwarfed by your delusion of grandeur. You think you know everything even in domains where you are not an expert. The idea that people can know more than you on a subject seems a completely crazy idea to you. You approach every debate with a judgmental and closed mentality where you think you are qualify to asses the IQ of people even if most of the time you don't even comprehend what they are saying.

Your delusion of grandeur and low empathy skills prevent you from incorporating feedback, cause your errors to persist over time and you conduct you to repeat false things with overconfidence. You are you own enemy.
--------------------------------
Now lets read together an article of Szabo on this subject:
http://unenumerated.blogspot.fr/2013/11/european-asian-divergence-predates.html

"Many of the economically important innovations in northwestern Europe long predate not only the industrial revolution, but also the Black Death ("

He says that innovations that lead to the Great Divergence (the rise of the West) predate the Black Death. Which is pretty much what I am saying.

"1) heavy dairying

(2) Co-evolution of human lactase persistence and cow milk proteins

(2) delayed marriage

(3) hay

(4) greater use of draft animals

These innovations all long predate the Black Death
"

He says it again.

"Higher labor productivity implies higher per capita income"
Exactly what I have written two time already. I will re-quote myself because it's the only thing to do with people who people overlook your wisdom because they think you are dumb:  "Real wage are 100% determined by the labor productivity"

"these seem not to have had an anti-Malthusian effect in increasing labor productivity "
He says that the West had start to escape the Malthusian trap before the Black Death because of these innovations.

"the increased efficiency of rice in converting solar power to consumable calories, for example, simply led to a greater population rather than a sustained increase in per capita income."
He says that the East failed to escape the Malthusian trap. He seems to wrongly attribute the cause of this to the rice cultivation, when a more robust explanation is a lack of creativity.
----------------------
So according to Szabo innovations, and therefore the labor productivity, and therefore real wages, were higher in the West before the Black Death.

It's undermine your thesis (high real wages in Europe were not caused by the mortality caused by the plague, but were caused by the innovations which predate the Black Death) and sustain mine (high real wages were caused by the West greater creativity, ie an internal factor whose origin can be found in its culture, not an external factor like the plague).

+1
legendary
Activity: 1498
Merit: 1000
September 21, 2015, 12:38:18 PM
Please do not continue your nonsense. You can protest all you want about me suggesting to you to stop splattering your Dunning-Kruger arrogance all over this thread.

Are you French? (see http://france-bitcoin.net/ in your signature line that makes me think maybe you are). If so, perhaps that might explain your arrogant attitude. I've heard but never experienced personally that the French are quite arrogant.
Yes I am French and I am arrogant only when I am talking subjects that I know I master and against people like you who are ahead of themselves, arrogance is the only healthy attitude in those particular circumstances.

But my arrogance is dwarfed by your delusion of grandeur. You think you know everything even in domains where you are not an expert. The idea that people can know more than you on a subject seems a completely crazy idea to you. You approach every debate with a judgmental and closed mentality where you think you are qualify to asses the IQ of people even if most of the time you don't even comprehend what they are saying.

Your delusion of grandeur and low empathy skills prevent you from incorporating feedback, cause your errors to persist over time and you conduct you to repeat false things with overconfidence. You are you own enemy.

I hope you read these lines VERY CAREFULLY Anonymint....
newbie
Activity: 46
Merit: 0
September 21, 2015, 08:21:19 AM
Depeche Mode is an English band. The other singer you're thinking of is Morrissey.

I think Dark Wave is a movement you'd be interested in. Germany and Scandinavia became embroiled in that trend. Actually I really like the rock band Sisters of Mercy, from that era. The band is from Leeds, UK, but singer Andrew Eldritch is fluent in French and German and he spent many years living in Hamburg. He often gives interviews on TV and radio in German.
hero member
Activity: 798
Merit: 1000
21 million. I want them all.
September 21, 2015, 08:20:06 AM
http://www.cnbc.com/2015/09/16/why-chinas-yuan-may-be-set-for-15-devaluation.html

Sounds like the Chinese government is trying to warn the markets about the coming devaluation with this leak/soft-announcement. If China, Japan, and Korea get into a fully blown currency war while the EUR dies and emerging markets suffer from low commodities prices, then how will America deal with the resulting USD deflation? It sounds like the coming deflation might end up being worse than I've imagined.
legendary
Activity: 861
Merit: 1010
September 21, 2015, 07:41:01 AM
Please do not continue your nonsense. You can protest all you want about me suggesting to you to stop splattering your Dunning-Kruger arrogance all over this thread.

Are you French? (see http://france-bitcoin.net/ in your signature line that makes me think maybe you are). If so, perhaps that might explain your arrogant attitude. I've heard but never experienced personally that the French are quite arrogant.
Yes I am French and I am arrogant only when I am talking subjects that I know I master and against people like you who are ahead of themselves, arrogance is the only healthy attitude in those particular circumstances.

But my arrogance is dwarfed by your delusion of grandeur. You think you know everything even in domains where you are not an expert. The idea that people can know more than you on a subject seems a completely crazy idea to you. You approach every debate with a judgmental and closed mentality where you think you are qualify to asses the IQ of people even if most of the time you don't even comprehend what they are saying.

Your delusion of grandeur and low empathy skills prevent you from incorporating feedback, cause your errors to persist over time and you conduct you to repeat false things with overconfidence. You are you own enemy.
--------------------------------
Now lets read together an article of Szabo on this subject:
http://unenumerated.blogspot.fr/2013/11/european-asian-divergence-predates.html

"Many of the economically important innovations in northwestern Europe long predate not only the industrial revolution, but also the Black Death ("

He says that innovations that lead to the Great Divergence (the rise of the West) predate the Black Death. Which is pretty much what I am saying.

"1) heavy dairying

(2) Co-evolution of human lactase persistence and cow milk proteins

(2) delayed marriage

(3) hay

(4) greater use of draft animals

These innovations all long predate the Black Death
"

He says it again.

"Higher labor productivity implies higher per capita income"
Exactly what I have written two time already. I will re-quote myself because it's the only thing to do with people who people overlook your wisdom because they think you are dumb:  "Real wage are 100% determined by the labor productivity"

"these seem not to have had an anti-Malthusian effect in increasing labor productivity "
He says that the West had start to escape the Malthusian trap before the Black Death because of these innovations.

"the increased efficiency of rice in converting solar power to consumable calories, for example, simply led to a greater population rather than a sustained increase in per capita income."
He says that the East failed to escape the Malthusian trap. He seems to wrongly attribute the cause of this to the rice cultivation, when a more robust explanation is a lack of creativity.
----------------------
So according to Szabo innovations, and therefore the labor productivity, and therefore real wages, were higher in the West before the Black Death.

It's undermine your thesis (high real wages in Europe were not caused by the mortality caused by the plague, but were caused by the innovations which predate the Black Death) and sustain mine (high real wages were caused by the West greater creativity, ie an internal factor whose origin can be found in its culture, not an external factor like the plague).
sr. member
Activity: 420
Merit: 262
September 21, 2015, 01:15:55 AM
In regards to your wondering what americans are listening to.

These sets have some amazing rock / jam funk that honor many rock musicians.

Careful , its an aquired taste, real masterful musicians that dont use an autotuner, and sell out every show consistently for years and years. This is not your pop tart music .

http://phishthoughts.com/nospoilers/

I just briefly sampled the first one. Don't worry I acquire music taste nearly instantly. Will need to spend more time on it when I have some more time.

I remember in 2003 in Corpus Christi I heard Zug Izland live and they were not bland (more impressive live):

https://www.youtube.com/watch?v=CwzWe08iuQM

Also I forgot there is one British performer from The Smiths who is unique (weird) enough for me to feel he is not bland:

https://www.youtube.com/watch?v=TaUUYV7wKos

https://www.youtube.com/watch?v=7ZQWjKMQsQw

The German band Depeche Mode is very commercialized but they even mixed it up a bit with latest song, and they've been going strong for decades which is impressive:

https://youtu.be/YYtXCxtp6sQ?t=765

I don't know much about folk music in Europe. I've only seen what appears to be very bland what appears to be opera or that sort, which bores me.

I caught a Metallic concert in the early 80s before they became so popular at a small venue in the San Fernando Valley. It was an accident. We were drunk and cruising all around and happenstanced on the venue and landed inside and it was quite impressive the head banging and slam dancing. Pure guy thing:

https://www.youtube.com/watch?v=cgJwXVaXUek&list=PL48E286795E97866B&index=6

Listen to this:

https://youtu.be/9B-qOSEwvxM?t=210

Here it is:

https://youtu.be/fq-oQgpVg4I?t=39
sr. member
Activity: 332
Merit: 250
September 20, 2015, 09:26:11 PM

In regards to your wondering what americans are listening to.

These sets have some amazing rock / jam funk that honor many rock musicians.

Careful , its an aquired taste, real masterful musicians that dont use an autotuner, and sell out every show consistently for years and years. This is not your pop tart music .

http://phishthoughts.com/nospoilers/






I don't think there is a finer example of the differences between Europe and the USA than to watch this video of Elvis Presley in 1968. If you make it to the 25 minute point you will get a special treat:

https://www.youtube.com/watch?v=-QlliHSRh0A

(I wonder how many votes Clinton got due to his facial structure and mouth resemblance to Elvis)

Dean Martin had that look also and he was performing around that same time the music that my grandparents were listening to (as they hadn't racially integrated with the blacks):

https://www.youtube.com/watch?v=N9yAFE2ccPs
(this music sounds better to me now than when I was in my youth, as I am now the age my grandparents were when they were listening to this)

In 1965 (year I was born) as Elvis was declining, the Beatles (who were inspired by Elvis) visit Elvis and inspire him to comeback which culminates in above 1968 comeback.

Robert Plant of the British rock band Led Zeppelin explains that Elvis was the source of most of the music creativity coming out of England:

https://www.youtube.com/watch?v=gP-zcXtiXhA

So this is why I say this is a fine example of the American melting pot where we not into guilt and collectivist crap, and instead just grabbing the creativity of the moment irregardless of color, creed, etc.. For example, here is the type of people Elvis might have been drawing inspiration from in the Mississippi "delta" (as Plant said):

https://www.youtube.com/watch?v=wFh-JqxvgMw

https://www.youtube.com/watch?v=bXZLgJJ7bhQ

https://www.youtube.com/watch?v=0fa-OhPN3qU

https://www.youtube.com/watch?v=3sfl9KUBGQg

Here is Mississippi delta music which reminds me of fishing for crawfish with my father in the swamps of Lousiana when I was 5 years old (you can hear the source of British Led Zeppelin's style in this music):

https://youtu.be/j3AKvDkdG-Y?t=173


Bands that come to mind from that time with this blues sound were Creedence Clearwater Revival and Guess Who:

https://www.youtube.com/watch?v=ulQTazgj9VE

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




America is unrefined and a melting pot. And that is what makes it creative.

But America has been flattened by the strip mall. It is evolving. I haven't been there for almost a decade. I don't know what is happening now. The music I am getting exposed to coming out of the USA doesn't have the same connection to the blues and realities of the Old South before modern times.

In short I think it is all become too commercialized.

Less prosperous times and people being more in touch with each other and the earth seemed to produce a different quality of experiences and thus music. Music these days doesn't have enough edge for me in most cases. It is lacking deep nuances of flavor. The short word is bland, as I see the British music even the Beatles to me were bland.

It is like mayonnaise has been poured on top.
sr. member
Activity: 420
Merit: 262
September 20, 2015, 06:33:37 PM
Another very interesting revelation. I had traded discussions with this guy in the Scala discussion lists over the years:

https://en.wikipedia.org/wiki/Paul_Phillips_(poker_player)

He is extremely intelligent. Apparently he couldn't deal with Martin Odersky's (a German) orderly orderness and refusal to redirect the ship. But then again Paul was sort of crank. Typical American flippant loud mouth at times, but I also liked his humor.

Recently Martin told me to cool it, when discussing potential new directions for Scala in the Scala language mailing list. I just quit as he requested.
sr. member
Activity: 420
Merit: 262
September 20, 2015, 06:25:37 PM
That's a nice story. That's a shame real wages fell in the aftermath of Black Death  Cheesy

https://mpra.ub.uni-muenchen.de/15748/

Read your own source:

Quote
Not until the later 1370s – almost thirty years after the Black Death – did real wages finally recover and then rapidly surpass the peak achieved in the late 1330s.

What do you expect short-term for an economy devastated by 40+% population kill off.

Once the crisis passed and the economy got back rolling again, it was the great reduction in the labor supply that allowed wages to rise as they hadn't before when laborers were substitute goods in an oversupply because grains farming other than rice is not as labor intensive.

And that spurned the demand for innovations which could once again reduce labor intensity.

Please do not continue your nonsense. You can protest all you want about me suggesting to you to stop splattering your Dunning-Kruger arrogance all over this thread.

Are you French? (see http://france-bitcoin.net/ in your signature line that makes me think maybe you are). If so, perhaps that might explain your arrogant attitude. I've heard but never experienced personally that the French are quite arrogant.

sr. member
Activity: 420
Merit: 262
September 20, 2015, 06:07:12 PM
I don't think there is a finer example of the differences between Europe and the USA than to watch this video of Elvis Presley in 1968. If you make it to the 25 minute point you will get a special treat:

https://www.youtube.com/watch?v=-QlliHSRh0A

(I wonder how many votes Clinton got due to his facial structure and mouth resemblance to Elvis)

Dean Martin had that look also (and Johnny Carson resembles POTUS Bush Jr) and he was performing around that same time the music that my grandparents were listening to (as they hadn't racially integrated with the blacks):

https://www.youtube.com/watch?v=N9yAFE2ccPs
(this music sounds better to me now than when I was in my youth, as I am now the age my grandparents were when they were listening to this)

In 1965 (year I was born) as Elvis was declining, the Beatles (who were inspired by Elvis) visit Elvis and inspire him to comeback which culminates in above 1968 comeback.

Robert Plant of the British rock band Led Zeppelin explains that Elvis was the source of most of the music creativity coming out of England:

https://www.youtube.com/watch?v=gP-zcXtiXhA

So this is why I say this is a fine example of the American melting pot where we not into guilt and collectivist crap, and instead just grabbing the creativity of the moment irregardless of color, creed, etc.. For example, here is the type of people Elvis might have been drawing inspiration from in the Mississippi "delta" (as Plant said):

https://www.youtube.com/watch?v=wFh-JqxvgMw

https://www.youtube.com/watch?v=bXZLgJJ7bhQ

https://www.youtube.com/watch?v=0fa-OhPN3qU

https://www.youtube.com/watch?v=3sfl9KUBGQg

Here is Mississippi delta music which reminds me of fishing for crawfish with my father in the swamps of Lousiana when I was 5 years old (you can hear the source of British Led Zeppelin's style in this music):

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

https://youtu.be/j3AKvDkdG-Y?t=173


Bands that come to mind from that time with this blues sound were Creedence Clearwater Revival and Guess Who:

https://www.youtube.com/watch?v=ulQTazgj9VE

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




America is unrefined and a melting pot. And that is what makes it creative.

But America has been flattened by the strip mall. It is evolving. I haven't been there for almost a decade. I don't know what is happening now. The music I am getting exposed to coming out of the USA doesn't have the same connection to the blues and realities of the Old South before modern times.

In short I think it is all become too commercialized.

Less prosperous times and people being more in touch with each other and the earth seemed to produce a different quality of experiences and thus music. Music these days doesn't have enough edge for me in most cases. It is lacking deep nuances of flavor. The short word is bland, as I see the British music even the Beatles to me were bland.

It is like mayonnaise has been poured on top.
legendary
Activity: 861
Merit: 1010
September 20, 2015, 05:08:25 PM
Europe's population is much higher now than it was then before the Black Death, so there wasn't any Malthusian check.

Europe's population right after the Black Death was much lower than before, so there was a Malthusian check.

Ahem. Do you not see your error in logic?

Mathusians claim the natural resources can't support a greater population. Yet the population is now higher than it was and we are not mining resources from outside planet Earth.
Europe escape the Malthusian trap some times before the Industrial Revolution. Nobody is claiming that Europe is still under Malthusian constraints. Hone your reading skills before worrying about my logic skills.
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Please I am not going to respond any more to people who have such poor logic skills that I will end up in noisy nonsense.
Yeah focus on something where you  actually have a clue like coding or computer sciences.
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The resource problems are always due to Coasian barriers (to human innovation and expansion of the entropy in the human economy) and there has never been and never will be a Malthusian point of truth. I wrote an essay about this:
I don't think you understand why I bring Malthus in the discussion. But whatever.

No need to insult me in MP as I don't care about what you think of me. But I am shocked someone of your gorgeous intellect (Cheesy) can be as petty as that.

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I already explained that the owners of farms had no incentive to industrialize because labor was too plentiful before the Black Death and thus it was cheaper to use labor than to use any hypothetical industrialization or technical improvement (that couldn't have existed otherwise).
That's a nice story. That's a shame real wages fell in the aftermath of Black Death  Cheesy

https://mpra.ub.uni-muenchen.de/15748/

Reread my point on real wages and in the process learn some economics: Real wages are 100% determined by the labor productivity over the long run.

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I don't have time to teach someone of your intellectual handicap right now. Sorry.
Nooooooooooooo. Please, please teach me grand master!
legendary
Activity: 861
Merit: 1010
September 20, 2015, 04:03:06 PM
You are not considering all the variables. Your view is too simpleton.
Dude, it's you who thinks a disease is the cause of the divergence between the East and the West and can explain 800 years of world history.
When you produce something efficiently that means that there is labor available to produce something else in the economy (a nascent new market) and that the output is cheaper so their is savings available to buy the products of the nascent new market. It's not bad, it's good.

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Not at all. You follow Karl Marx I see. You could have only 1% of the population producing all the GDP and that wouldn't necessary make the rest of the people in the country more productive. Saudi Arabia is perhaps an example.
What I have said is 100% correct, there is no question about that. You should read this book to understand why: http://www.amazon.com/Economic-Sophisms-Fr%C3%A9d%C3%A9ric-Bastiat/dp/1452856095
I don't see why you are talking about Marx at all.

If you don't get what I have written that means you don't understand basic economics and I cannot help you, only you can make the work needed. I will re-quote myself with slight clarification because there is nothing more to say on that subject:
When you produce a product more efficiently (by saving labor) that means that there is labor available to produce something else in the economy (a nascent new market) and that means the product is cheaper on the marketplace (because prices converge to costs in a free market, and since there is less labor needed to produce the same result, the cost and price drop) so there is increase savings available in the pocket of customers (its cheaper to buy the product) which allows them to buy the products of the nascent new market.
sr. member
Activity: 420
Merit: 262
September 20, 2015, 04:00:55 PM

Only because the US stock market is weak waiting for the downgrades and contagion in Europe and Japan to gain enough momentum to send the stampede of capital into the USA. Be patient grasshopper, Oct 1 is laying the ground work...remember Oct 1 is the BIG BANG for the kickoff, not the finale.

I don't have time to dig for my post up thread where I wrote the market would drive the interest rates higher (the Fed isn't in control) when it stampedes out of bonds into US stocks.

Martin Armstrong has just repeated all my points (again I write what he is going to write before he writes it):

http://www.armstrongeconomics.com/archives/37256

To address your assumption of German = Order. Before the first world war (and still being a very young state) 'Made in Germany' was associated with mass produced crap- not necessarily orderliness and organisation.

You conflated orthogonal issues. The Germans didn't change culture, they just weren't good at manufacturing yet.

I agree about the white guilt though. I believe it was 2% of the American population that even owned slaves, many other whites were conscripted by state law to hunt slaves- I imagine they were not fond of the immoral institution

Your European interpretation of my statements makes me chuckle. You missed my point. I don't care even if every damn American was doing slavery gleefully, I still wouldn't feel guilty. I am not my ancestors. Europeans are so into their guilt with imperialism.



Therefore higher European real wages are not the caused of Industrialization since they are its consequences.

I don't have time to teach someone of your intellectual handicap right now. Sorry.

I already explained that the owners of farms had no incentive to industrialize because labor was too plentiful before the Black Death and thus it was cheaper to use labor than to use any hypothetical industrialization or technical improvement (that couldn't have existed otherwise).

If you can't wrap your mind around that very simple point, then I am sorry I don't have time for you. I'd prefer you shut up (because you are cluttering the threads with noise), but I can't force you too.
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