Saturday, June 7, 2014

MARTIN ARMSTRONG'S LATEST BLOG POSTS

Putin One – Hillary ZERO

Putin-French TV
Russian President Vladimir Putin said in response to Hillary Clinton’s unproductive remarks comparing Putin to Hitler,  he slapped her down saying that “it’s best not to argue with women.” Putin simply dismissed Hillary’s comments concerning Russia’s actions in Ukraine.
Putin’s remarks were made during an interview with France’s TF1 television and Europe 1 radio, during which he weighed in on a wide range of issues, including tensions over his country’s intervention in Ukraine.
Hillary drew the parallel between Putin’s actions in Ukraine and Hitler’s Germany back in March after Russia  began distributing passports to Ukrainian citizens. She then said: “Now if this sounds familiar, it’s what Hitler did back in the ‘30s.”  What is disingenuous about this is that such actions are standard and the USA often cites defending its citizen abroad or the citizens of other nations against tyrants such as in Iraq and Syria.
Putin correctly states the maxim in all relations. “When people go beyond certain boundaries of politeness, it demonstrates their weakness, not their strength,” he added “weakness, for a woman, is not necessarily a fault”.
Putin continues to use the conspiracy crowd who were so eager to report Ukrainians were just idiots and it was all a grand manipulation by the CIA. Putin bluntly relies upon that nonsense stating the United States and Europe were instigating the crisis by backing an “anti-constitutional armed coup” against former president Viktor Yanukovich. He has support in that with all the people reporting just that propaganda without any inside knowledge of anything – just their eager speculation based upon that Russian propaganda. Hillary’s statements were simply US propaganda of half-truths as well in turn.
Nevertheless, Hillary’s statements illustrate the trend in the new Cold War. It is strange that it is actually the Democrats who start wars and Republicans who end them. President Woodrow Wilson was a democrat and president 1913-1921. Franklin D. Roosevelt (1933-1945), and Lyndon B. Johnson (1963–1969). There we have the start of World War I, World War II, and Vietnam. Nevertheless, why the Obama Administration has been so hostile toward Russia even before Ukraine is very curious. In Russian polls, Americans are the most hated and Ukrainians come second.

Six Governments Tapping Phones without any Legal Supervision

vodafone
Six governments tap Vodafone calls without warrants or any court oversight according to the first global disclosure on the subject. Vodafone is in Europe, Africa and Asia, unlike Verizon, which is only in the USA. This disclosure is important for its demonstrates the lack of privacy on a grand scale. This is all about money as governments are going broke. It has nothing to do with pretend terrorists.

Was Socrates Surprised by Negative Rates?

QUESTION: Will you have to change your/Socrates opinion due to this extraordinary step?
I please you to give as an idea, as Socrates seems to be currently not updated.
WorldIntRates-2012
ANSWER: We actually have a very comprehensive interest rate database. Above is a picture of world interest rates but based upon capital concentration back to 3000BC. That means it is like a nearest future contract. When one empire fails we pick up with the next to provide a continuous view based upon the largest economy. That has moved from Europe to Asia several times. (World Interest rates 3000BC-500AD)
1992 IntRateForecast
 Our 1992 Forecast for Negative Interest Rates in Free Market
based upon Capital Concentration
While this is the first time a central bank has created an “official” negative interest rate, it is not the first time in history that interest rates have gone negative in the free markets. They have done so when capital concentrates and tends to hide. It effectively is paying someone to hold your money safely or there is such a concentration of capital people are unwilling to borrow or invest.
Banks began simply as a depository. Only AFTER “merchants” began storing money for a fee (negative rates) did they discover that they could lend money at a fee to someone else and giro banking was born. A giro bank is where money changes hands between two people but the money does not leave the bank. Above is our 1992 forecast calling for such negative rates to hit in the free markets with the crisis starting from 2007.15.
1998-Forecast
However, the second part of that forecast calls for the low in such rates being NEGATIVE by the conclusion of the 34 year cycle from the 1981 high. That will be guess when! You got it – 2015.75. This is why we previously forecast that the Sovereign Debt Crisis should start its Big Bang when this cycle turns. This is a slide a client saved from our 1998 World Economic Conference.
Socrates-Scrn
So was Socrates surprised? No. Interest rates began as negative. You pay merchants to hold your money because they have security and hence rates were negative. Rates fall as capital concentrates. In 1981, the fear was the US would default. Gold ran up to $875 in 1980 and rates kept going into March 1981. Rates fell sharply as capital was then attracted to the USA.
Wisselbank-2
This ECB negative interest rate is historical from a central bank that has emerged really in the 18th century and did not exist previously. There were clearing banks like the Temple in Delos, but they were not used to stimulate the economy by government. The first government bank, Wisselbank founded in 1609, went bust when people discovered they were paying for storage (negative rates) and here the bank was lending the money to its own enterprises – oops! It was the Wisselbank that was the model for the first central bank – the Bank of England in 1689.
DJ20-40
No doubt the skeptic will come up and say ya. Where did this 34 year cycle come from? That is 4 times 8.6 and it tends to be dominant in financial markets rather than commodities for the cycle duration is longer. There were even 34 months for the cycle of the crash 1929 to 1932. Don’t forget – this is fractal.
I keep saying that everything is connected. Do not judge what I say as my opinion against someone else. I am not on that personal soap box. ABSOLUTELY everything is connected. Gold had to decline, interest rates had to go to negative, sovereign debts had to crack causing capital to concentrate, the dollar had to recover, and the war cycle had to turn and the banking cycle on proprietary trading 31.4 years had to start to turn. All of these things are just a tiny fraction of the global correlation of how everything functions.
I could care less what someone’s opinion might be. Personal opinions are not worth much these days – that includes mine. This is orchestrated like a ballet. Everything is timed and set in motion to produce the wave of Creative Destruction. The old saying – you can lead a horse to water, but you cannot make him drink. Those that keep trying to turn this into a personal contest have missed the boat. They will never see the whole and are still barking at a tree lost in the middle of a forest.

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