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Armstrong,,, 4th turning,,,pain of MMT,,,bigger speed-bumps
I accidentally zapped my post. The short version
Europe has price inflation. IF you chart prices compared to U.S. dollars or gold, Europe has deflation.
Armstrong, The rise of MMT and, the fall of classical economics. Armstrong claims that there will be one high interest rate for private debt and, a different low rate for public debt. There is no possibility of this. Public debt is compounding at an annualized rate of 6%. Why would anybody buy into this at <2.5%> ?
Manufacturing is the prime value-added industry. With the latest advances in 3D printing, we are getting that much closer to the Star Trek economy.
Alibaba has created a "city brain" to control everything.
ET City Brain: Empower Cities to Think with Data-Driven Governance ...
WAIT, what about bribes?
" The core elements of these scenarios (debt, civic decay, global disorder) will matter more than the details, which the catalyst will juxtapose and connect in some unknowable way. If foreign societies are also entering a Fourth Turning, this could accelerate the chain reaction. At home and abroad, these events will reflect the tearing of the civic fabric at points of extreme vulnerability "
" With global debt now exceeding $250 trillion, up 60% since the Crisis began"
"The specific details of each crisis change, but economic catalysts have initiated all previous Fourth Turnings and led ultimately to bloody conflict. There is nothing in the current dynamic of this Fourth Turning which argues against a similar outcome. The immense debt, stock and real estate bubbles, created by feckless central bankers, corrupt politicians, and spineless government apparatchiks, have set the stage for the greatest financial calamity in world history.
Rather than taking the bitter medicine of purging the system of bad debt and allowing zombie banks and corporations to die, the ruling class has chosen to ramp up the debt orgy and reward themselves and their cronies with ill-gotten riches, while impoverishing the masses"
borrow indefinitely in its own currency."
You're going to see a LOT of this. The government does NOT need to borrow. This is a good article and, a good reference if you are ever having a discussion about debt-free money.
Manufacturing has been wiped out by automation. Information handling has been wiped out by AI. The bankers are going to fight tooth & nail to keep the debt-money system. Only after the world has gone up in flames will debt-free money make an emergence.
NOPE, only dividends will go up.
7 was the big psychological number. Trump will continue to thrash China.
Yes, send in the U.S. military to administer this therapy.
He's going to regret that.
How can that be? Mexico doesn't allow private citizens to have guns.
I accidentally zapped my post. The short version
Europe has price inflation. IF you chart prices compared to U.S. dollars or gold, Europe has deflation.
Armstrong, The rise of MMT and, the fall of classical economics. Armstrong claims that there will be one high interest rate for private debt and, a different low rate for public debt. There is no possibility of this. Public debt is compounding at an annualized rate of 6%. Why would anybody buy into this at <2.5%> ?
Manufacturing is the prime value-added industry. With the latest advances in 3D printing, we are getting that much closer to the Star Trek economy.
Alibaba has created a "city brain" to control everything.
ET City Brain: Empower Cities to Think with Data-Driven Governance ...
WAIT, what about bribes?
" The core elements of these scenarios (debt, civic decay, global disorder) will matter more than the details, which the catalyst will juxtapose and connect in some unknowable way. If foreign societies are also entering a Fourth Turning, this could accelerate the chain reaction. At home and abroad, these events will reflect the tearing of the civic fabric at points of extreme vulnerability "
" With global debt now exceeding $250 trillion, up 60% since the Crisis began"
"The specific details of each crisis change, but economic catalysts have initiated all previous Fourth Turnings and led ultimately to bloody conflict. There is nothing in the current dynamic of this Fourth Turning which argues against a similar outcome. The immense debt, stock and real estate bubbles, created by feckless central bankers, corrupt politicians, and spineless government apparatchiks, have set the stage for the greatest financial calamity in world history.
Rather than taking the bitter medicine of purging the system of bad debt and allowing zombie banks and corporations to die, the ruling class has chosen to ramp up the debt orgy and reward themselves and their cronies with ill-gotten riches, while impoverishing the masses"
borrow indefinitely in its own currency."
You're going to see a LOT of this. The government does NOT need to borrow. This is a good article and, a good reference if you are ever having a discussion about debt-free money.
Manufacturing has been wiped out by automation. Information handling has been wiped out by AI. The bankers are going to fight tooth & nail to keep the debt-money system. Only after the world has gone up in flames will debt-free money make an emergence.
NOPE, only dividends will go up.
7 was the big psychological number. Trump will continue to thrash China.
Yes, send in the U.S. military to administer this therapy.
He's going to regret that.
How can that be? Mexico doesn't allow private citizens to have guns.
That is probably a fair statement" 
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