Armstrong Economics Blog/Understanding Cycles
Re-Posted Nov 20, 2017 by Martin Armstrong
COMMENT: Thank you for all or your recent posts in this regard. You have often said that we will be going through times that will try a man’s soul, and yes the Socrates platform will allow us to see it in motion, those of us who are prepared will stand a chance to survive and break even. The very sad part is that when you try to explain to people to educate themselves you are quickly dismissed, I nearly lost my sister over this discussion as she cant comprehend something like this happening and chooses to stick her head in the sand. I think and hope that my family will survive but it is really eating away at me at just how many family and friends will endure hardships that may be too great for them, there are children and elderly involved, no different from any bodies else’s situation I guess. I will be turning 60 soon and am afraid that I will be seeing the worst of everything to come, passing away just as we come out the turn in 32 give or take. The big question is when, you have often stated that major events occur when the pi cycle is due, wouldn’t surprise me if that is when something of this magnitude occurs. Everyone in Canada seems to think that our banks are the soundest in the world and cant comprehend the contagion when it occurs yet we have had Greece and Cyprus occur in recent memory. Guessing that people here think that life is still too good for any problems to occur. You have provided myself along with just a few others that I know a very great public service, so sad that more people are so closed minded. Take care and keep up the excellent work, perhaps when the dust hits the fan for real people will wake up and realize that the tree has truly been cut and choose the right path when the cycle shifts to a public one.
Some writers have so confounded society with government, as to leave little or no distinction between them; whereas they are not only different, but have different origins. Society is produced by our wants, and government by our wickedness; the former promotes our happiness positively by uniting our affections, the latter negatively by restraining our vices. The one encourages intercourse, the other creates distinctions. The first a patron, the last a punisher.
Society in every state is a blessing, but government even in its best state is but a necessary evil; in its worst state an intolerable one; for when we suffer, or are exposed to the same miseries by a government, which we might expect in a country without government, our calamity is heightened by reflecting that we furnish the means by which we suffer. Government, like dress, is the badge of lost innocence; the palaces of kings are built on the ruins of the bowers of paradise. For were the impulses of conscience clear, uniform, and irresistibly obeyed, man would need no other lawgiver; but that not being the case, he finds it necessary to surrender up a part of his property to furnish means for the protection of the rest; and this he is induced to do by the same prudence which in every other case advises him out of two evils to choose the least. Wherefore, security being the true design and end of government, it unanswerably follows that whatever form thereof appears most likely to ensure it to us, with the least expence and greatest benefit, is preferable to all others.
Paine’s Common Sense had turned the tide in just three months. So do not worry. They too will come around in their own time. Perhaps a Christmas gift of Common Sense if they will read it.