Tuesday, Mar 10, 2009
The Greatest Economic Transformation in the history of mankind
Contrahour: Martin Armstrong: The Collapse of Socialism
There have been plenty of articles asking whether Capitalism is now dead. The problem is the question already presumes an outcome and fails to realize that we are still in the middle of the greatest Economic Transformation in the history of mankind. We are in fact not seeing the collapse of capitalism, but are in the final stage of the death of Socialism
Posted by sold 2 rent 1 @ 10:34 AM (1082 views) Add Comment
17 Comments
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1. sold 2 rent 1 said...
This is another scanned in prison cell typewriter document.
Look at the first graph of The Greatest Economic Transformation.
It shows 8000 years of economic transformation as an exponential function.
Question is - Will the curve flattern out or will it head into a singularity?
2. happy mondays said...
Hopefully capitalism will die with along it socialism, neither seem to work in there extremes, we need another way? Hopefully where there are no signs and symbols that cause division between the people, no hammer and sickle and no stars and stripes! I think we have a long way to go, but eventually after we have stuffed everything up, the penny might drop!
3. sold out said...
s2r1,
why is Armstrong in prison?
4. happy mondays said...
sold out said...s2r1,
why is Armstrong in prison?
He did not pay his council tax!
5. montesquieu said...
Criminally insane.
6. crunchy said...
http://www.topix.com/forum/business/TS8IHELKS6G8FDV65
????????
7. plato said...
" Criminally insane"!
How come he's not Lord Armstrong?
8. sold 2 rent 1 said...
sold out,
From wikipedia
"Armstrong was jailed for seven years for contempt of court, and only went to trial when the NY Court of Appeals removed Judge Owen from his case; in 2007 he pleaded guilty and was sentenced to five more years in prison"
So he won't be out before 2012 - (it's that bloody year again) and after his June 2011 PI Cycle low
He explains in his 77 page article "It's Just Time" written last October that he had discovered a 224 year political cycle that put the USA political system (1775-1999) at the point of collpase. He was going to reveal this cycle in 1999 but was arrested first.
After 9 years in prison with not a whisper from him, he is suddenly allowed to write 6 articles in as many months. Why is he being allowed to release this information now? Because it is just time!!!.
It's Just Time
http://www.contrahour.com/contrahour/files/ItsJustTimeMartinArmstrong.pdf
9. mountain goat said...
I got lost in the Communism versus Capitalism argument so maybe I have missed the main point of the article. However, S2R1's post yesterday and today, both by Martin Armstrong make sense to me in the fact that debt is the key to this crisis. This is why this will not be just another recession. To begin with taking on debt seems clever. In fact the people who are most leveraged seem to be the most successful. Then at some point the debt becomes unmanageable, when this collapses you don't get a recession but a depression that lasts 25 years. It applies to the life of an individual and life of a nation.
Today's article points out the historical equivalent of today's bailing out of investment bankers. In 1720 the French Government tried to bailout the investment bank that caused the Mississippi Bubble. The economic mess couldn't be sorted out and this led to the French Revolution in 1789.
This sounds so similar to today it is terrifying. I too think we are in for a 25 year depression. The government will be blamed for this when the short-term problem can't be solved but in the long-term taxes and interest rates rocket. Then we will probably have civil unrest and revolution again. Personally I don't believe the gov are to blame for this. Unless falling asleep at the wheel is a crime. But because they tried to solve the problem by bailing out the banking idiots they will be blamed all the same.
10. plato said...
This is a tremendous article which I must read again....... and again.
Understand that economics whether capitalist or socialist requires slavery in some form in order to function and then you really understand at least the basis of these systems.
11. sold 2 rent 1 said...
happy mondays,
"Hopefully where there are no signs and symbols that cause division between the people, no hammer and sickle and no stars and stripes"
A very interesting point. If POWER is giving way to ETHICS then will this enable the world to unite in harmony?
The simple answer is no.
So how will we ever get to that perfect state where the division of people is no more
Well Jason Manford (comedian) may well have stumbled across the solution without even realising it.
Watch this Live At The Apollo sketch (7:50 minutes from the start to 9:00 minutes)
http://www.youtube.com/watch?v=r89OvmzAmnw
12. crunchy said...
Thanks for the article sold 2 rent 1.
10. plato said...Understand that economics whether capitalist or socialist requires slavery in some form in order to function and then you really understand at least the basis of these systems.
crunchy- I smell some soup kitchen cooking!
13. sold 2 rent 1 said...
For those interested.
Here are all his recent articles
http://www.contrahour.com/contrahour/martin-armstrong/
and one from 1999
http://www.contrahour.com/contrahour/2006/06/martin_armstron.html
14. plato said...
My Lord!...Land has no value without its serfs......So obvious and so enlightening, so basic. So historically repetetive.
For the good of one who finds no reason to share.
15. Dave The Dog said...
The history of civilisation is the history of slavery.
16. troy said...
if only it was that easy!
quote :-
PLEASE DON'T RIOT ... ... IT'S JUST WHAT 'THEY' WANT
David Icke Newsletter: 'What you fight, you become.'
Peter, it's quite odd that the day after seeing David Icke at Totnes Alternative view last last year, I had that run in with a CIVIL ENFORCEMENT OFFICER in Brixham working for NPC on behalf of Torbay Council. Why? here's an extract from the newsletter below :-
Regular readers of these newsletters will recall the one about the UK traffic warden who was suddenly given new cards authorising him to do the work of the police and to enter property without permission. His job was supposed to be just handing out tickets for illegal parking and so on.
His boss would not discuss why these new cards were being issued, but a police officer friend explained all to him.
The officer said the government was preparing (cont.)
http://www.economicvoice.com/blorum.php?blorum=2&cat=34
17. stillthinking said...
Very interesting economic political history. He implies that the US government (and so also the UK) are going to suffer a debt implosion. I think I will read his other stuff too.