Quote from: enosenose on January 30, 2016, 08:08:21 PM

Quote from: TPTB_need_war on January 30, 2016, 02:37:49 AM

Quote from: fredhead on January 29, 2016, 06:41:29 AM

I understand what he is referring to when it comes to time and price. In the example I gave it was simply Euro vs USD, nothing more complicated. Admittedly, his timing wasn't definite but it was pretty clear that he expected it to breakdown soon, certainly not years later, as he has now adjusted it to.

Also he was never convicted (certainly not in an open court with a jury of his peers, but rather the corrupt Goldman Sachs-affiliated judge kicked out all the media!). He was held illegally in contempt-of-court for 7 years because he refused to turn over the source code to his computer model to Goldman Sachs. And when they found out that his case was about to be heard by the Supreme Court, they had him beat up and his teeth knocked out in prison so that he would accede to a plea bargain deal. He was coerced.

Have you ever wondered if MA was held in contempt not because he refused to turn over the source code to his supercomputer... but there is NONE to begin with, and he is trying to salvage his last ounce of dignity & leave an exit door for himself, so that he can still continue to hold conferences & sell the world a story about the future like what he is doing now?

Sure, a single father with an ageing mother and young children is going to, selfishly, subject himself to 7 years in prison, without a defined end, in order to preserve his reputation. The items that were not handed over were the source code, bust of JC and gold coins. This is all explained by his lawyer in the doco.

There are some valid criticisms of MA of which your example above is not one. Some are aired in this thread, some are alluded to in the doco (one of his employees briefly mentions MA's liking to stretch the truth of a story). TPTB also mentions his flaws re: programming.

One thing I don't get re: haters. MA is not the only public figure out there predicting a sovereign debt crisis, although he has been banging on about it for a few years. In fact there are a number of well respected commentators also saying exactly that. As I have mentioned before Carmen Reinhart, Jim Rickards are but two. Then there are the Austrians like Mike Maloney, the perma bears like Schiff etc. All of these people (excepting Reinhart) have also changed their forecasts or been wrong on some calls.

I think with MA the stigma of jail time and being labelled a fraud is something that many people cannot overcome. He also speaks with a conviction / stubborness that seems to irritate many. And claims to have an almost omnipotent computer model really strikes a nerve