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January 5, 2013
Copyright Martin Armstrong all right reserved January 5th, 2013 The Age of Materialism/Consumerism Why Starbucks is a Global Success & How Consumerism Created the Industrial Revolution By Martin Armstrong Traveling around the globe for 3 months, there was always a feeling of security when a Starbucks was nearby – except in Italy where coffee is […]
January 5, 2013
As taxes rise and services decline, underground economies are booming. Barter is returning and governments are clamping down following the model of the commonly known Stasi, which was the Ministry for State Security (German: Ministerium für Staatssicherheit).The official state security service of East Germany GDR was one of the most effective and repressive secret police agencies in the […]
January 4, 2013
Some people are claiming that Greece is doing away with the Euro because people are bartering. This is simply not the case. There is a collapse in public services. The social safety net is gone. This is the collapse of Marxism. As a result, at the local level alternative forms of money are emerging. […]
January 4, 2013
2013 will be the Pi (π) target year for the low in interest rates from the 1981 high. The key in this giant financial crisis is still Europe. Marxism has failed. Russia & China faced that in 1989. The West has to learn this lessen as well. As a whole, Europe will post the lowest economic […]
January 2, 2013
The support in 2013 will be at 11,900, 11,650, 11,025 and resistance at 13340. For those attending the technical training seminars, here is a glimpse of the three 1985 projection lines that have defined this entire ECM wave of 51.6 years from 1985 into 2032. The 2007 high was slightly over the projection for that […]
January 1, 2013
While it is likely that the US politicians will vote now before the new Congress comes in because that was the deal (lame-duck), there is a serious consequence to this sort of crisis management that Congress has preferred waiting to the last minute for everything. When I wrote that the threshold for reporting money transfers […]
December 31, 2012
The Year-End closings for 2012 were in the S&P 1,426.19, Dow Jones Industrials 13,104.14, Nasdaq 3,019.51, EURO/USD 1.3191, US 10-Year Bond 1.76%, Gold $1,674.30, Crude Oil $91.59. Economic growth will rebound in Asia including China as well as the BRICS (Brazil, Russia, India, China and South America) . Europe will be the worse on the […]
December 30, 2012
At the Berlin Conference, we provided an overview that shocked many. Most people had paid not much attention to separatist movements that were popping up throughout Europe from Scotland, which comes up for a vote in 2014, Britain talking about leaves the EU, right down to Spain. The major trend everyone has just assumed was […]
December 29, 2012
TAX DEBATE PRINCETON UNIVERSITY JUNE 24, 1997 STEVE FORBES: I would like to thank Dick for putting on this forum tonight and I would also like to thank all of you for coming out on a very nice weekday evening to hear a lot of hot air from the people on this panel. It reminds […]
December 22, 2012
There has been a long-term trend in major inflations and deflations. The numbers are 23 and 26 years. There is sufficient data that has survived even from the Temple of Apollo on the Island of Delos which was essentially the ancient world’s central bank. Just as we know there was a major default of some […]