Armstrong Economics Blog/Politics Re-Posted Nov 25, 2020 by Martin Armstrong
QUESTION: Marty,
Have you ever done a study that explains why so many people who live in large urban areas are so inclined to vote democratic or for liberal policies which appear to attack people who live outside these areas?
It seems no one has ever tried to reconcile these fractures….instead, the media and the left portray people who live in rural and small towns as wacko, gun-toting zealots who are emotionally driven, racist and want to return to times when only whites dominated the country…in reality, people, as you have said time and again, just want to be left alone(by the left), free to go on with their lives.
The election fraud, BLM riots, everything…that crystallized this year, appear to have driven this divide to such extremes…it now seems people living in big cities now more than ever want to kill people just because they refuse to accept this point of view…
How do people living in rural areas marshall their forces to push back and win back the country when it appears the people who live in towns control the money and resources to continue their push to enslave everyone?
MS
ANSWER: I believe this has long been a cycle that existed in ancient times. There must have been a major credit crisis in ancient times before recorded history. Hammurabi’s legal code is based upon a legal code that was at least 300 years older. The legal code of even Hammurabi reflects that there were put in place wage and price control implying that there were financial booms and busts that must have existed. His legal code establishes legal maximums on interest rates and the value of commodities. But he also established contract law. The terms of any deal had to be written down. There was no tolerance for claims that were just verbal due to corruption. One legal case I studies was fascinating. A man sold his house and took the door. There was a shortage of wood and the door was worth more than the mud-brick house.
I was an avid buyer of ancient knowledge in search of creating the largest database ever assembled which included the recreation of the world monetary system. During the first Gulf War in Iraq, the bombings uncovered a city previously unknown. The archives of all the text appeared on the black market. Academics boycotted such things rather than try to save them. The academics object to private people using private funds for research. They treat the subject as if it were a communistic state that only they should have such cache to play with. This is something I seriously disagree with for there are never public funds available for such projects.
In this particular case, thousands of tablets were on the black market. I bid to get the entire collection on the black market through a dealer; I do not recall what my bid was, but it was many millions of dollars. There was a Norwegian collector of manuscripts, Martin Schoyen, whose collection contains over 13,000 documents. I met Martin in Zurich for dinner. Since he was a specialist in documents, we reached an agreement that my interest was economic. Martin even had an original Magna Carta. So the deal we struck was that I could use the economic text in return for bowing out of the bidding. We were the two biggest buyers of such ancient material.
What made this find so valuable was that it contained a legal code predating Hammurabi who academics teach was the first legal code. Here we have the Legal Code of(ca. 2100 BC) which is the oldest known written law code that predates Hammurabi’s law code by about 300 years. Martin Schøyen provided the translation. Schoyen’s private efforts have contributed greatly to our knowledge base as government funding for translation lacks the funds to save material on the black market. When the Legal Code of Hammurabi (ca. 1792-1750 BC) was first discovered in 1901, his laws were heralded as the earliest known examples. Subsequent to that discovery, older collections of legal codes have been unearthed. There are even older Babylonian copies of the Legal Code of Ur-Nammu(ca. 1900-1700 BC) (photo from Martin’s collection).
When I say we have THE largest database known to humankind, I am not exaggerating. You cannot create models if you lack the data to input. How can you forecast a debt crisis or list the possible outcomes without understanding how such a crisis has been resolved throughout history or how they appeared in the first place. People can pretend to do what we do but how is that possible without the data?
The most curious aspect of this recharacterization of Marxism by these billionaires and the World Economic Forum is that perhaps ancient wisdom concluded long ago that socialistic economics is both dangerous and destructive to civilization. For we find in the Ten Commandments it expressly forbids Socialist/Communist philosophy that still dominates our present politics which is attempted to be imposed by sheer force by Klaus Schwab and his merry band of billionaires.
“You shall not covet your neighbor’s house. You shall not covet your neighbor’s wife, or his male or female servant, his ox or donkey, or anything that belongs to your neighbor” — The Tenth Commandment, Exodus 20:17
It appears that this prohibition even predates the Bible. We find the essence of this prohibition in The Egyptian Book of the Dead known as the “42 Negative Confessions.” This features a list of 42 sins that the soul of the deceased had to state affirmatively that they never committed when they stood in the final judgment in the afterlife. The most famous list comes from The Papyrus of Ani, a text prepared for the priest Ani of Thebes (1250 BC). Therefore, the Tenth Commandment is also found in this list as the combination of 13, 20, 21, 29, and 33.
“Covet” means to crave or desire. The Tenth Commandment does not tell us that all of our desires are immoral. It tells us that some desires are most certainly wrong. Coveting is an immoral longing for something that is not rightfully ours, which is the very essence of Marxism. The Tenth Commandment expressly directs us that our desire for something that already belongs to someone else is morally wrong. Therefore, it forbids us from wanting far more than we would legitimately deserve or that would be our rightful share. The focus of the Tenth Commandment is that we are not to illicitly desire anything that already belongs to anyone else, which is, of course, the foundation of Marxist socialism.
Then there is the Jewish Shmita year. This is when the Israelites are to let the land rest and cancel all debts. This occurs every 7 years (2000-2001, 2007-2008, 2014-2015, 2022). The major debt crisis our computer has been projecting will be 2022. Will that coincide with Schwab’s planned default on global debt?
The Ten Commandments forbids Marxism for its clearly states that you should NOT covet thy neighbor’s goods. Socialism is all about taking money from people who earn it and they call this “social justice”. The other aspect concerning the cancellation of debts, is precisely what the IMF refuses to allow Ukraine to do. This is clearly stated:
Deuteronomy 15:1-3 (New International Version)
“At the end of every seven years you must cancel debts. This is how it is to be done: Every creditor shall cancel any loan they have made to a fellow Israelite. They shall not require payment from anyone among their own people, because the Lord’s time for canceling debts has been proclaimed. You may require payment from a foreigner, but you must cancel any debt your fellow Israelite owes you.”
Religion aside, this is very interesting for the two primary problems we have concern for the proposals of the World Economic Forum which is perhaps yet another tyranny to enslave the people. This brings to mind the song from Les Misérables “Do You Hear the People Sing?”
The expropriation of other people’s assets and the enslavement of the people is outrageous using this exaggeraed virus. They are doing this because government debt is about to collapse taking socialism with it and all pensions funds that they have force to invest in government debt.
Did the ancients simply understand the cycle of debt far better than Marx and his followers such as Schwab and the World Economic Forum? Schwab’s lobbying efforsts to convince our governments to crush the economy with lockdowns and seize all property in order to escape their own demise is unimaginable. The treachury of the media and Big Tech is outright war against the people, our freedom, and human rights as even declared in the International Declaration of Human Rights.
The superrich will retain their assets. It is ONLY the great unwashed who must sacrifice everything because the social programs they promises will no long be able to be funded. They simply justify robbing other people calling it “social justice” to mask what even the ancients said was wrong. There have been many attempts throughout history of similar attempts. The Roman Emperor Maximinus I (235-238AD) declared all assets belonged to the state. The troops eventually assassinated him and sent his head to the Senate to show their new found loyalty after 3.14 years.
The very same pattern took place in Rome. As corruption increased, the common people left. All that was left were the corruipt leaders and the poor who had nothing. This trend is already in motion. There is a massive exodus from the Blue states and from the major cities. Get out now while you can sell your property. Do not wait for it to be so obvious that everyone sees the trend. For then there will be no buyers.
Centinel2012 