Solutions Conference – March 28th at Princeton, NJ
The Solution’s Conference is being moved up and made available for everyone via a live stream on the web. Because we can all “feel” 2015.75 coming this time, it is obviously important to get the debates started there as well. We are also working on a bill to be introduced into Congress as to also get it there in the drawer in time for when these people suddenly wake up and say OMG, there is another crisis perhaps we can at least offer something other than more authoritarianism.
This conference will include updates on the Cycle of War and the Sovereign Debt Crisis. It is important to understand that everything is connected and set up like dominoes. Push one and the rest will fall into place one after the other. Unfortunately, this is just the way things unfold historically. No hype or personal wishful thinking. Just the facts.
Attendance physically will be very limited. This is a small venue. The Original Nassau Inn where the Framers of the Constitution stayed. So we do not expect people to be flying in around the world for this one. It is appropriate that we hold this conference where they were are least discussing the framing of the Constitution.
Those attending will get the DVD when produced. They will also have 2 hours before hand to talk to staff and see them demonstrate the computer access for clients. Attendance will be on a first come first served basis.
Global Warming Crowd Forgot About Underwater Volcanoes – Oops!
The Global Warming crowd who blame the 1 to 3 degree increase in sea temperature on man, have been overlooking not merely climate cycles, but the entire role in which there has been continental drift. It is the overlooked phenomenon of guess what – undersea volcanoes. Yes, oops! Something else these guys do not bother to look at. Recent work has shown that they too erupt in bursts of cyclical patterns. When are these clowns going to realize the world is not a linear straight line?
Debt Crisis – Is Forgiveness Possible?
QUESTION: Dear Armstrong,
I read your writing for several years and I thank you for this new light that you have put in my brain!
Simple question, that it will pass you if the debts of the states were canceled?
Best Regards
A
France
A
France
ANSWER: Actually, Julius Caesar faced this very problem. He seems to have been the only politician in history who solved the crisis in a reasonable fashion that did not destroy the economy. Unfortunately, it cost him his life.. The bankers were the Senators who murdered him for his solution was straight forward. Whatever people had paid in interest had to be attributed to principle. In that way, he unwound the debt crisis. The people rejoiced and the bankers murdered Caesar in the Senate and tried to pretend that they were defending the Republic. Curiously enough, they all had to flee Rome. So obviously, when they did was not for the benefit of the people – but themselves.
With the extent of the debt crisis supporting all pensions, we cannot simply forgive it without creating massive civil unrest. I will deal with this question in the upcoming session of the SOLUTION. There just has to be another way.
Glen Downs & Martin Armstrong Talk from Capitol Hill – Politics & Economics
This is a discussion focusing on the prospects of the rise of a Third Party for 2016 and what to expect overall as we approach 2015.75 – Big Bang.
Nothing New in Monetary History
QUESTION: Marty, I gather from your writings that the Romans had corporations, stocks, bonds, futures, insurance, and financial panics. The chart you have showing the collapse of the monetary system in just 8.6 years and the 52 year decline in the follis demonstrate what you repeated from the Bible that there is nothing new under the sun. So I suppose the saying boys will be boys applies to bankers. Has anything ever change?
ANSWER: Honestly, only technology. How to do the same thing differently. It seems that old things do not die. Hell, even a 30,000 year old virus came back to life after it was defrosted from the ancient ice. Sort of like politicians. They say in a nuclear blast the cockroaches would survive. My bet is so would politicians. Above is a chart of the English penny. We see the same trend toward debasement. Nothing ever changes.
Here is the collapse of the Byzantine Empire. Unlike the Romans, the Byzantine debased their gold coinage to the point what use to be gold became silver.
This led to the Great Monetary Crisis of 1092. It is always the same scenario. But at the core is also the collapse in debt for therein is the destruction of capital formation. I have stated countless times, crash the stock market and you get a recession. Crash the debt market and you get the depression.
Here is the progressive debasement of the Greek Tetradram. It does not matter what nation we have investigated, It is always the same pattern. So it is true – there is nothing new under the sun.