Economy

Martin Armstrong, paradigm-shifting economist: Next decline will be far worse.

I think Martin Armstrong is a billiant man.  He developed a computer program that models historical and current events, cycles of war, the flow of capital -- to predict with uncanny accuracy (it is said) events of all kinds, from social to market to political.  His data goes back through all of recorded history.  The government tried to get the source code from him, but he refused to give it up.  For not cooperating, he was thrown into federal prison for 10 years, at least some of that in solitary confinement.

Shocking: Millions of Americans Subsist on $2 or Less per Day

I know that the income gap between the rich and the poor has been increasing at alarming rates over the past decade, but I was shocked to learn that millions of AMERICAN children get by on less than $2 a day.  In a third world country, where the cost of living is lower, that might be do-able but what the heck can you buy with 2 bucks in the USA?


http://phys.org/news/2012-02-extreme-poverty-million-children-day.html

South Park's Economic Meltdown

 

 

Randy steps forward with a solution to fix the desperate financial state everyone finds themselves in. The town gets behind him and everyone starts to live a life that no longer depends on any economy at all. Meanwhile an unlikely savior makes the ultimate sacrifice to solve everyone's problems.

 

For some reason the link won't post so please go to  www.southparkstudios.com/full-episodes/s13e03-margaritaville to watch it.

 

Global Economics 101

Karl Denninger gives an insightful economic interview on The Still Report.  Even though the date was July 2010, the information helps in understanding what is occurring in the global economies right now.  Denninger further explains why a gold-backed currency would not be a good idea for the United States.  If I could pick the U.S. Treasury Secretary, he'd be my guy.

 

 

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