Topic: Martin Armstrong Discussion - page 357. (Read 647188 times)

No doubt the top-down Coasian barrier is dying. The question is how fast it dies. They are consolidating power because they are dying (yet they may have a lot of power in for example obedient Asia ... we will see).

The grassroots will be spinning off from the NWO morass into the technologies that enable them to.

Yes of course they will reset the monetary system at some point in a power sharing arrangement that is pitched to the public as more fair. The question is how many people will still be following their dying system.

They can leverage a lot of physically warm bodies in the developing world, but remember the physical world is heading towards near zero margins.

The problem for them is the Knowledge Age is an end-to-end principled network, where there is a declining role for accumulated finance, rather more on individually accumulated expertise interacting autonomously directly (without middle men, managers, financiers, etc). The middle men become zero margin replaceable and the Theory of the Firm dies.

Scapegoating and frustration to rise in the West because the people don't realize they need to escape socialism and the Industrial Age. But many people are sort of getting it but not entirely. It is a process. Some will move to the Knowledge Age faster than others.

So yes a rise in discord and chaos in society in general, with the government responding with a more authoritarian hand. Bankrupt West to tax and expropriate to avoid debt forgiveness (since the TPTB are in control, not the people), thus accelerating deflation making it all worse.

The productive people must escape into the Knowledge Age so we can provide a release valve to that declining, self-inflicted morass. Asia, BRICS, and NICs will rise up after 2020, thus providing another escape valve, but they may be heavily integrated with the West's totalitarianism (but maybe we can influence some of them with the Knowledge Age ... we will see).

Such a scenario will have to include an alternative to the current monetary system. A Money V.2.0, if you prefer, so that TPTB will still remain at their position and -maybe- even make it stronger. I predict that -if such a transition occurs- some of us will have the ability to upgrade our thesis and *maybe* even form a cluster of opposition. Technology presents a nice weapon for the Knowledge Age, also as, the new generation presents an increased factor of productivity on tech matters.

Interconnected companies are forming the current power scheme, will most probably keep their stand, but this is not a 100% certainty. Not when new tech is rushing out and new companies are being formed at a fast pace. Up until now it was possible to accumulate most of them, but what about after the monetary transition (assuming there will be one)? I'm pretty confident we will have our chance to fight back...

That chart reflects speculator expectations for the near-term. It does not reflect speculator expectations for the medium-term. Thus the chart does not convey the information that the northern European banks are highly leveraged to the PIIGS sovereign debt crisis, and so if the PIIGS default then the German banks will need a public bailout. Will the bailout come from the Germans alone or will the debt problem of the EU be consolidated onto a federalized EU with new taxation powers for the EU destroying national sovereignty. For me this isn't even a question. It is clear why this crisis was manufactured by TPTB.

Back on the point of whether we will see the End of Government. No. TPTB (the capitalist network that rules the dying Industrial Age) is consolidating economies-of-scale because the Industrial Age is dying. So the large fish must eat the smaller fish in order to survive.

The people are fooled and believe they need the Industrial Age socialism model and are clinging to that, thus they will ride this NWO down into its top-down centralized, eugenics destiny with the USA declining from April 2013 at its 224-year peak (when Edward Snowden made his final plans to expose the NSA) to an eventual breakup by the 309th year of its cycle.

So no end of government for the masses. Yet many people will adopt the individually autonomous Knowledge Age and break free from that morass much sooner. That is why there will be a mixed outcome, initially with a waterfall collapse outside the USA, then with a long-term declining West and a rising East after 2020. However that East will be much more totalitarian (top-down obedient) that we were accustomed to in the West (note my comment on the linked page).

This is from the Telegraph, on Aug.16:

Doomsday clock for global market crash strikes one minute to midnight as central banks lose control
China currency devaluation signals endgame leaving equity markets free to collapse under the weight of impossible expectations
It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.

Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.

The FTSE 100 has now erased its gains for the year, but there are signs things could get a whole lot worse.

This is from today's Business Insider:



http://www.businessinsider.com/the-riskiest-sovereign-bonds-ranked-2015-8?utm_content=buffer25fef&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

This is from yesterday's RT:


Gerald Celente, the founder of Trends Research, who predicted the “panic of 2008,” says the economic earthquake will send reverberations around the world.

“You’re going to see a global stock market crash,” Celente told King World News. “There’s going to be panic on the streets from Wall Street to Shanghai, to the UK down to Brazil.”

“You’re going to see one market after another begin to collapse.”

Doug Casey, a successful investor and the head of Casey Research, saw little to be upbeat about in the current economic climate.

"With these stupid governments printing trillions and trillions of new currency units," Casey, describing the US Federal Reserve’s quantitative easing program, told Reason magazine in a recent interview, “it's building up to a catastrophe of historic proportions."

http://www.rt.com/op-edge/312576-september-economy-crash-eclipse/

Word is spreading, we're going for a nuke-boom, as predicted here several months ago. Weeks? A month? Let's see.

Britain has heavily relied on immigrants for war and jobs in the past and present. Many immigrant waves have successfully integrated into the UK- many African and in particular Polish, Indian and Chinese immigrants. I have seen a lot less (but still some) outright racism towards these groups than to the relative tsunami of immigrants that have arrived in the UK over the last 15-20 years where assimilation into British culture has been slow and shaky (if it has happened at all)- this has caused some tensions and I'm interested to see how it will resolve. This is currently taboo in British politics (apart from some fringes) and is largely centred around muslim immigrants.
Please note I am generalising, I know many muslims who are peaceable decent people both in London and where I live now. It is interesting to note that there seem to be almost exactly the same tensions here in The Netherlands too.

There was a recent 'White Man's March' in Liverpool, England. There were I think 2 counter protests (anti racist), causing the police to basically act as a barrier between them. This shows me that both extremes miss the entire point of cultural consistency as a strength of society to cooperate, understand each other and thrive. One side blindly hating and another blindly following their political correctness and ideology over a cliff in group-think. I do not think there will be any race related gangs popping up in England (apart from the ones that already exist in the 'impoverished' areas) any time soon. I can see small groups forming in the countryside in a mad max scenario, but that is currently a very extreme outcome.

edit: I bring up the hard-right march as an example of British culture's reaction to ant-immigrant sentiment. I am not a proponent of hard-right race based fringe groups. This could also be a reflection of the UK's views on equality, but not, I fear on free speech (which is actually non existent in the UK).

Us outsiders of the U.S.A are seeing a break up along racial lines in the U.S.A causing friction among the youth, I think you will see a growing number of racially motivated gangs emerge?

Thoughts Americanos?

I suppose it's everywhere, people looking for a scapegoat, but may become a bigger problem in areas given a heavy dose of multiculturalism.

Edit: what I am seeing everywhere.
http://www.armstrongeconomics.com/archives/15689

Very much agree. We're actually a part of it; you know that much, we're worried about it, you anxiously working on an alternative, we both know we deserve better than this. There's always entropy within the Chaos. A tiny bit, is sufficient.

PS: Goodnight from Greece.

The outcome as always will be a mixture.

It is rare to walk into a room with no oxygen atoms floating there.

Absolutism is inconsistent with thermodynamics.

I'll explain. It's easy to control the masses via money or via a war. War is too risky; no one will take the risk to restart the human race after a WWIII. So it's only money as a mass control device. If their control device collapses, there's a great chance people will form small communities and avoid large corporations to serve them. "MONEY makes the world go around" (https://www.youtube.com/watch?v=rkRIbUT6u7Q), but what would be there if there's no more money? Or, to put it better, if money lose its value? What if, everybody knows that this is just a smoke layer that covers the truth: That they've been using money all those years to keep the people under their will?

So, it's The End of Government.

Why do you assume we are headed to end of government? From TPTB's perspective, they think they can maintain control and milk the population like cows.

They have misallocated vast amounts of real capital with their debt apparatus, yet the human race is so productive, we still can't collapse human civilization. Exhibit the work on decentralized technologies.

He's wrong, or he's a part of them; he might be our glimpse of the things to come, from their perspective. I repeat what I wrote elsewhere a couple of months ago, that the scenario where there's no Powers That Be, is worse than the one that they're alive and running the World. I don't know if they form a league, a plutocratic cast, or there are in the form of diversified centers of control, so to speak.

In any case, if they are there, I'm really wondering if they are terrified as I am right now, knowing that all the economic establishment goes down the drain. Have they made their preparations? In what way? Is Bitcoin their "Plan B"? Cataclysmic events of this magnitude are non predictable, thus non controllable. There's virtually no technology to eliminate a tornado if it's started and it's in full power. We can only predict its catastrophic mania and calculate the possible losses. That's about it.

"The End Of Government" means "The ship has lost its wheel", end of story. And that's terrifying. 

Armstrong is saying in other recent essay that if there are these great powerful elite who control everything and the world, then what is the point we can't win so just give up. So he has taken the position in his mind that there can't be, otherwise there is no degrees-of-freedom.

He is looking at it too much B&W. Rather there are powerful global elite, but they can't control everything. And who knows to what extent they try to manipulate markets. I tend to agree with MA, they don't manipulate much (nature is much more powerful and the markets are far too broad for the elite to permanently control) rather they front run their own clients.

The power of the elite is due to deception, not actual power. We the people have the power. We could crush them overnight if we were organized.

I've been reading carefully what M.A. wrote as an answer in this post:

QUESTION: Marty— Every post is enlightening. I was intrigued that there is no ‘plunge protection team’. I believe you, because you have been behind the curtain. Then what is the ‘Presidents Working Group’ and what does Kevin Henry do? Enlighten me more!

Thank you.

RK


ANSWER: That was a presidential executive order from 1988. I myself was called in back then because of the 1987 Crash. If such a team existed, then what happened in the 2000 Dot.COM bubble crash? Where were they in 2007-2009? I guarantee you they will not be there the next time either.

There is a huge difference from claiming to create some committee and actually having power, funding, etc to do such a job. The closest you have to that is simply the Federal Reserve. They lowered interest rates to help the banks and are now trapped. They have screwed the entire pension fund community and you have the rest of the world pleading with them not to raise rates, but the fact of the matter is there is no such omnipotent group pulling the strings perfectly.

More here:
http://www.armstrongeconomics.com/archives/35973

All in all the question is pretty straight forward. Are there any PTB? Could MA really believes what he's stating or he's covering up something that he knows already?

What prevents "the People" from becoming "the[ir] [Sh]eople" (below, embodied by Euthyphro)? (Note: the aforementioned is, psychologically, an "ag[es] old" dilemma.)

No their accumulated digits (and social power) can become worthless in the sense they get negative rates of relative return. Knowledge Age workers will be generating 1000% per annum gains on their capital. It is a process. We don't take their capital away overnight, but over a few years.

And that is why OROBTC can still make a living selling bearings because the cost of bearings isn't going to near zero overnight. And he will have time to adjust and transition. He will find his niche in the Knowledge Age. The Knowledge Age is not about making our lives worse, rather the opposite.

(Colorization mine.)

You would, then, seem a servant of those that have already managed such "accumulat[ion]" (TPTB_need_war).

Haha yeah "we the socialist people".

He always spins the concepts in support of his "we are all in this together" and thus his proposed socialistic "solutions".

I am of course fiercely for individualism and anonymous (autonomous) commerce and end of the State.

No way I could join the banksters and investment moguls. I want to destroy their paradigm. I want to make it irrelevant to accumulate large amounts of capital. I want to make money have a high slope of declining marginal utility. In other words, more money than you can actively invest in your Knowledge Age production, will become worthless to you in a zero margin tangible world (manufactured products will be nearly free).