America’s Failed Foreign Policy!


The Lost Decade

By: Angelo M. Codevilla

 Posted: October 20, 2011

This article appeared in: Vol. XI, Number 4 – Fall 2011

China appears to be taking a smarter financial approach then the west is — maybe they will survive the coming collapse?


China to Stimulate by Cutting Taxes

China-Street-Scene

China is demonstrating it is more practical than anyone else in the industrialized world. They have announced that they will “reasonably” set limits on new local government debt in 2016. The Finance Minister Lou Jiwei said at a work conference in Beijing on Monday that they will actually limit local debt; something nobody else does. China will also adopt a much more flexible fiscal policy which shall include gradually increasing fiscal deficit ratio and expanding its budget deficit. So China will increase its debt in a gradual manner to try to stimulate the economic decline it is facing ahead.

These policies are to be supplemented by a cut in taxes to help companies reduce their burdens and thus help to prevent rising unemployment. While the Republicans effectively force tax reduction in the year-end budget, there is little doubt that the Democrats alone would never adopt such a measure. The idea of cutting taxes at all in Europe is up there with treason.

We can see that China is taking a far more practical approach to trying to manage its economy that we see in the West. Perhaps when they too come to realize that debt is not the answer and actually compete with money that would otherwise expand the economy, hopefully the day will come when public debt is just forbidden.be more

Will the private Gold be taken again?


Pi & Major Changes in the Monetary System

British Monetary System

QUESTION: Mr. Armstrong, you have said that the Pi cycle shows up everywhere in finance. I have looked at the charts you posted in the Roman Empire. Has this had a major impact in modern times aside from your Economic Confidence Model?

1964-demonetization

IBJYVS-M 1995 LowANSWER: Of course. Just look at Roosevelt’s 1934 confiscation of gold. Add 31.4 years and you get 1964, the last year silver appeared in the coinage. Add another 31.4 years and you come to 1995. That was the historic low in the dollar against the Japanese yen for example. Britain abandoned the gold standard in 1925. That was the last year they minted gold sovereigns. They resumed 31.4 years later – 1957.

IBEUUS-Y FOR 2014

This is but one derivative of time. There are over 40 tests the computer runs just on Pi alone with this forming just one model. This is why the Forecasting Arrays cannot be reversed engineered because there are 72 models all independent and this is the sum of all time models with numerous sub-models within each. The top row is the composite and is the most important reflecting turning points with the highest and lowest bars. The color changes to indicate direction blue rising pink declining. Panic Cycles are outside reversals or big moves in one direction (breakout/collapses) where as volatility is measure in three primary manners, internal (diff between high/ow of trading session), overnight (previous close to open), and general volatility (close to close).

The end of the Investment Property Market in London is coming!


The Only Hope to Save Britain?

London

Landlords are joining together to challenge the Conservative’s (Tory) tax hike filing a suit in the high court against their tax increase on “buy-to-let” investment properties. One of the reason I have stated that Maggie Thatcher herself would have by now broke with the Conservatives and started her own third party is demonstrated by this abusive tax on property investment. The Conservatives are acting more like communists in London these days for this tax the Government introduced plans to prevent landlords offsetting mortgage interest costs against rental profits before calculating tax. So in other words, they are preventing the leverage in real estate which means this can only create a one-sided complete collapse.

Thatcher-Federal Europe

David Cameron is perhaps the WORST Conservative in British History. He is doing everything possible to remain in league with Brussels. Cameron’s comment after rigging the Scottish vote to ensure Scotland could not leave the UK was shocking. He said the vote settled the question for “for a generation” revealing his pro-government posture and anti-Democratic undertone. This posture goes all the way to agree with Brussels, and Cameron’s arrogance (video of his speech) was just stunning. His promise for a referendum to leave the EU was a bullshit ploy he never expected would actually stand a chance to win.

Now Cameron is scared to death and has the bankers trying to frighten everyone if they in fact left the EU Britain would collapse, which is insane since the bankers themselves will fall if they remain inside the EU with what is on the horizon. Cameron called on the bankers to claim is Scotland left the UK the bankers would all move to London, which was propaganda as well. EVERYTHING Maggie Warned about has come true under her own party. Thatcher was always clear that a single currency was all about the federalization of Europe through the back door. Cameron should what the debate back in 1990 on this issue,

Cameron-Merkel

These tax changes supported by Cameron on property in London demonstrate he is no Conservative. The “buy-to-let” tax on property eliminates interest expenditures in the property business unlike all other businesses, this is retroactive not limited in its application to just future sales but to ALL existing investment properties as well as. This demonstrates how Cameron is not qualified to head any economy for he is creating the S&L Crisis for Britain. As soon as you create a one-sided market, prices implode. He is creating a situation where there will be NO BID for such properties.

London-Destroyed

 

corbyn JeremyFarage-Nigel-1We will see Britain facing a tremendous political upheaval as we approach 2017. We have warned that a year-end closing for the pound below 147 will warn the currency is preparing to crash. We have additional year-end sell signals at 146.15 and 140.50. The ONLY POSSIBLE HOPE TO SAVE BRITAIN will be Nigel Farage. Both Labour and Conservatives have simply lost their minds.

As the middle class disappears so does the tax base and then the public debt holders panic!


The Conspiracy of Collapse

CONSPIRACY-5

QUESTION: Hi Mr Armstrong,

i m still an avid reader of your blog.
a question occured to me when i read your article on vulture funds.

do you think that it is possible that a general failure of economy is organized (or at least pushed )?
i mean it would create a captive market for the benefit of USA . If countries start to become autocratic and start stealing money directly from private bank accounts i m pretty sure the money will flee to “safe” countries (or supposed safe).

thanks

Vulture-Funds-1

ANSWER: No, there is no real conspiracy. You are attributing way too much intelligence to these people. They are simply out to make money to produce high returns by screwing anyone they possible can. They have played this game now on Puerto Rico. There will try it against states and municipalities. They will often buy the debt at a huge discount and then use teams of lawyers to try to force full payment. They are very much playing the same role as the Roman army did in the collapse of Rome – they cannibalize their own country for immediate gains.

More PC Codespeak: 2,000 “Unruly Youths” Rampage Louisville Kentucky Mall…


Just a few kids out returning gifts they bought at the mall for their parents is all — nothing to see here !

Bill Whittle predicts the candidacy of Donald Trump in 2012!


Bill Whittle, is himself a brilliant vulgarian, and the message he gave was exactly right as it was recorded in November of 2012 after Mitt Romney lost the election to Obama.

This remains one of the best extemporaneous speeches of all time !

Understanding Donald Trump, The America-First Candidate…


I don’t know how I missed that one as I try to catch them all. Whittle is supper good at what he does do made our candidates aren’t will maybe Trump he does carry after all … 🙂

Lou Dobbs Highlights The Political Hypocrisy of Speaker Paul Ryan (video)…


I agree with sundance that Roger Ailes would not do this “hedge” if he did not “strongly” think that Trump would win both the nomination and the election.

Candidate Donald Trump Sunday Interview – Fox and Friends Weekend – Topics: Election, Hillary, Sexism…


Trump is getting a lot better in his media interviews from where he was went he started, of course, he is in the lead so it’s easier. I can’t see any legitimate way that he does not win either before or at the Republican Convention in Cleveland.