The curious thing is until the Repo market showed signs of problems early 2019 - then the Fed intervened mid September 2019 - MA had never mentioned it before. Why didn't Socrates predict it?

There was no mention of it at the 2018 WEC. It literally came out of nowhere and suddenly MA was writing blog post after blog post about it, plus offering up expensive reports, explaining it was now one of the major flash points of 2019... That he or his alleged machine (never) forecast or predicted.

His first mention of the Repo crisis was on 19 Sep 2019, some two days after the mass media had broken the news about the Fed intervention:
https://www.armstrongeconomics.com/markets-by-sector/interest-rates/the-panic-in-interest-rates-is-just-getting-started/

Then by 1 November, MA was making out it was THE issue to focus on:
https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/repo-crisis/

Despite never mentioning it before.

That alone is another good example of MA claiming credit for foreseeing something, but only AFTER the event had happened. His following falls for it every time. A tried and tested formula.


It was also quite funny to observe another typical MA tactic in his reader questions content today. Blog post 6 Jan 2020:
https://www.armstrongeconomics.com/world-news/war/is-world-war-iii-on-the-horizon/

QUESTION:  I... have begun to start reading older posts because it is all amazing work. When looking at your war cycle.... becoming pretty clear World War 3 between east and west seems just over the horizon past 2032?


The now predictable self-aggrandising aside (the question is likely made up by MA himself), rather than answering the question, MA then writes around the question and never gives any definitive opinion or forecast. Most of his answer doesn't even talk about war, and only in the final sentence does MA explain:

"... they will turn to international war as a means to retain power and distract the people from the real economic crisis which is befalling civilization."


Wow, 'o great sage! Yet another ambiguous statement that will always become true over a long enough time scale. No different than someone asking for my opinion of the US economy and I explain it "will enter recession by 2032". If the US does indeed enter recession through what is a very predictable scenario - if not by simple probability - and over a long enough time scale, I can then claim myself as a financial prophet!