Manage episode 304517167 series 2443001
We’re on a financial and economic trajectory that is falling apart as we speak, Octover 12th 2021. In this interview historian and economic forecaster Martin Armstrong explains that he has been warning governments for over ten years how the path they appear to have chosen will fail and how they could address the inevitable fallout of their perpetual borrowing scheme differently. But governments, he says, are not intelligent.
article / links: https://potkaars.nl/blog/2021/10/13/all-their-old-models-the-keynesian-ideas-everything-has-collapsed-martin-armstrong
In this 55 minute English-spoken telephone interview we start by discussing how a loss of faith in government is of influence to the rising inflation and how we could see this play out in the euro/dollar bond markets. We discuss Bitcoin, the war on cash and the introduction of Central Bank Digital Currencies, and some of the points on the agenda of the upcoming World Economic Conference in Orlando.
Martin Armstrong as a programmer created a computer system called Socrates. An artificially intelligent program that takes in and correlates many sources of information and their effect throughout history. Through it he’s come to learn that most if not all things move cyclically. Cycles through time are in human nature as much as in that of the earth and the sun.