Posted Mar 20, 2022 by Martin Armstrong
COMMENT #1: Well, at least I got the decline accelerating in the Ruble correct and thanks to your models knew the war and commodity cycles were turning up. Getting the fundamentals correct ahead of time is a work in progress and definitely not easy.
So my original trading strategy of shorting and then going long RUB got cut short and max profits throw out the window. So much for free markets.
COMMENT #2: Marty you have proven your model and computer is the key to running governments for the future living with the cycle. It is easy to see why the CIA wanted your model pinpointing Ukraine almost 10 years in advance as the key spot for war. It is also interesting how others prefer not to ever mention you for your work is not opinion like everyone else. I really hope you succeed in securing Socrates for the world long-term. We all can learn so much.
All the best from Poland
and thanks for the conference that you did here in Warsaw
REPLY: The free markets are not so free. During the Civil War, even President Lincoln went after trading gold and argued those people were making money off of every battle. The EU wanted to take trading the Euro away from London because of BREXIT. The people running these governments will NEVER honor the free markets when they go against them.
Yes, it was very nice to meet everyone in Warsaw. I had not been there before. I am doing my best to make sure Socrates continues beyond my shelf life. The problem is that the world is run by the seat of its pants and it is always based upon bias, prejudice, and power-plays driven by ego. I think some people just need to have an enemy and no matter what changes, they ignore that to keep the hatred ongoing.
There are people who still call China Communist even though there is private ownership which is the opposite of communism. They will continue to hate China no matter what and that in turn only invokes a response to counter that trend. Biases like that prevent us from ever moving forward and society is at times like a scratched record playing the same track over and over again.