Post
Topic
Board Politics & Society
Re: Is a Madmax outcome coming before 2020? Thus do we need anonymity?
by
CoinCube
on 06/11/2014, 01:48:30 UTC
You will experience economic collapse in 2016. 100% guaranteed.

Be careful about calling things too early. Personally I don't think things will collapse by 2016 it is just too soon for collapse.
There is plenty more "dry power" QE to be thrown at the world economy.Confidence in central banks is not yet broken and I doubt it will be by 2016.

I am surprised that you as an INTJ would posit such without any factual basis at all. It would have been more logical for you to say you don't have any data but your gut feeling is such.

I agree that the opinion expressed above is absolutely nothing more then my gut feeling. Never said it was anything more. I freely admit that I do not have hard data to back it up. However, as far as I can tell neither does our friend Mr. Armstrong.

I read all the links including the linked "proof" and find it simply unconvincing. Armstrong's table of predictions presented
here makes it seem as though he made all these predictions in the 1985 World Economic Conference. However, that chart of predictions looks to have been made using a modern version of powerpoint.

When I try to find actual documented predictions from 1985 I can't find anything independent ie not published by Armstrong himself. Even Armstrong's own self published proof from 1985 is less than breathtaking.
http://armstrongeconomics.com/wp-content/uploads/2014/10/Princeton-Economics-Correspondence-1985.pdf

Quote
The next major sovereign debt crisis should appear.. (in 2011), and perhaps culminate in a new global monetary system by 2016. - Martin Armstrong 1985 PEI Economic Conference

Ok kinda sorta maybe. But a new global monetary system in just over a year? That does not seem too probable right now and time is rapidly running out.

Sorry but the more I look at Armstrong the less convinced I am. Armstrong claims his data and predictions come from his proprietary computer model.
http://armstrongeconomics.com/2013/06/20/self-aware-artificial-intelligence/

Quote
QUESTION: You are a legend in programming that you seem not to be aware of. The debate has been did your computer achieve self-consciousnes
ARMSTRONG: No. It achieved self-awareness. It immediately knew the government was trying to take it to its secret computer lab in WTC building 7 that mysterious collapsed even though nothing struck the building. They were angry when they realized it had self-destructed. It was aware of its surroundings and it took all but 7 seconds to self-destruct overwriting all code 7 times and shifting around so they could never un-erase and put him back together again.

However, he states he will never share the source of his predictions or his methodology with us.
http://armstrongeconomics.com/2013/12/13/open-source-perhaps-the-real-curse/

Quote
QUESTION: Hello Martin, Would you ever consider open-sourcing your source code?
ARMSTRONG: "the answer is no!"

Armstrong is definitly interesting though. I agree with his article about the importance of of capital flows and his prediction that US stocks are going to do better then others in the short term. He is reportedly writing a book and I will buy that as long as its reasonably priced. He is interesting enough that I have kept an eye on his webpage over the last several months. Nevertheless I stand by my claim that he is a prophet or soothsayer if you prefer that word.

Mr. Armstrong claims he has a personal link to a self-aware computer which he is using to predict the future. He refuses to share his methodology with us and we just have to take his word for it. Extraordinary claims require extraordinary evidence. I just don't see it here.