Happy New Year


Armstrong Economics Blog/Opinion Re-Posted Dec 31, 2022 by Martin Armstrong

Remember, the future may be in turmoil, but to reach the promised land of reform, we first must go through the crisis that opens the door for the opportunity to create a whole new world. As Einstein said, the ONLY source of knowledge is experience. We must learn from these events to improve the future for ourselves and our children. It is not that the whole world is doomed. Civilization will reemerge and with some luck, we will enter a new world of enlightenment.

The best we can do is educate people for we will have the opportunity to redesign our environment and we need to learn from these mistakes. I believe Schwab have have looked at our model and what he is trying to do is he sees the real Great Reset which is 2032 and he is trying to force the tree to fall in his direction of total control. That failed for Marx and Lenin. It would fail again because it is against human nature.

  Yes, there is a Great Reset coming. It is up to us to make this come out the way to freedom and enlightenment.  This is no time to get depressed.  We have a  lot to do. We will survive.

Christmas Eve Cold Weather Brings Rolling Electricity Blackouts Along East Coast


Posted originally on the CTH on December 24, 2022 | Sundance 

If you visit a local library, you may discover there was a time when the focus of electricity companies was to generate and provide the most dependable, efficient, lowest cost and critical power to customers who need electricity to live.   Alas, those were in the olden days, when service providers were generally focused on improving the quality of life of their customers.

In the modern era, the horrible carbon emitters, aka customers, have become the parasite to manage.  People are now a problematic encumbrance blocking the high-minded climate and financial aspirations of the energy corporations.

Heating, cooling and comfort?  Get a grip Boomers and GenXer’s, those insufferably selfish indulgences were the priorities of yesteryear.

Yes Alice, as we try to peer through the looking glass, we discover it’s a mirror now.  The reflection is the opposite of normal, the reflection is the world of pretending.  Say hello to the modern Christmastime when you pray for coal in your stocking.

From Pennsylvania and New Jersey, westward to Illinois and Ohio and all the way south into South Carolina, Tennessee, Georgia and beyond, power companies are turning off the electricity to preserve and equally distribute the minimal amount of energy they are able to generate.

This my friends, is the “equitable distribution of misery.”  How weird does it feel to see that generational prediction turning into reality?

TENNESSEE – […] The TVA began instructing local power companies to reduce power usage on Friday night, and some have instituted rolling blackouts in some cities such as Nashville, Tennessee. Some local power companies have also started using rolling blackouts after the TVA asked them to reduce power usage.

PJM Interconnection, based in Pennsylvania, also asked companies within its system to conserve energy. The company asked residents to turn off non-essential lights, set their thermostats lower than usual, and not use major appliances like dishwashers and laundry machines, the AP reported.

PJM covers areas in Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and Washington, D.C, according to the AP. (read more)

Understand How We Think


Armstrong Economics Blog/AI Computers Re-Posted Dec 9, 2022 by Martin Armstrong

QUESTION: I see how you were surprised by your dog in discovering how she studies your patterns and predicts where you are going. My dog does the same. I didn’t pay attention to those traits until you wrote about them. The very trait of how to think is fascinating. Have you incorporated that into Socrates?

LC

ANSWER: Yes. I had a friend who was a psychologist and he explained to me many years ago that there were two fundamental types of thinking in humans – linear v dynamic.  There is a good book written by Richard E. Nisbett entitled “The Geography of Thought, How Asians and Westerners Think Differently … and Why.” He attributed his work to a Chinese student who said: “You know, the difference between you and me is that I think the world is a circle, and you think it’s a line.” He goes on to quote him:

The Chinese believe in constant change, but with things always moving back to some prior state. They pay attention to a wide range of events; they search for relationships between things; and they think you can’t understand the part without understanding the whole. Westerners live in a simpler, more deterministic world; they focus on salient objects or people instead of the larger picture; and they think they can control events because they know the rules that govern the behavior of objects.

I can say I never had to explain cycle theory in Asia to anyone. In the West, we were taught to think linearly. What stunned me about my dog was noticing that she thought dynamically. I had no idea any animal possess such a thinking process. There are dogs who even has done simple math. Understanding how the thinking process works was absolutely essential to be able to create any AI program that was functional. Of yes, there were those trying to create a neural net, dump all the data in, shake it up, and somehow it would unexplainable to come forth with the answer. IBM tried that and it failed.

There was just a lot more to how we thought that necessitated investigation. Anyone who thinks they cannot learn by observing even how a dog thinks is so biased that they will never discover anything.