Posted Dec 7, 2014 by Martin Armstrong
The nice think about our clients is the global diversity. From Germany, a reader informs us about the claims for the 1906 San Francisco earthquake also send capital flows pouring from German insurance companies to California. Indeed, the economic trends in Germany were set in motion at this time as well. I can confirm that there was a deflationary decline that certainly contributed to World War I. I have stated that when the economy does well, everyone is fat and happy. When the economy turns down, government are desperate to create war for the alternative is civil uprising against their policies. With this distinct trend in mind, now read what was sent in from Germany.