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Old 12-24-2012, 12:02 AM
Danny B Danny B is online now
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,842
Martin Armstrong and OZ

This doc is from Martin Armstrong. He had 240 people working for him worldwide. GOV wanted him to stop because he was TOO accurate. They threw him in prison for 7 years for contempt. He did a total of about 9 years and was never convicted of anything. He makes a very good explanation of current account deficits.

The other interesting thing is his explanation of double counting by GOV.
GOV prints currency and spends it into the economy. That counts for almost 40% of the GDP currently.
GOV counts the wages of GOV employees when figuring the GDP. GOV counts the money once when they print it and counts it again when they pay wages.
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