I recently came across an essay by Martin Armstrong, titled, It's Just Time. It's a brilliant treatise about cycles and how they are to be found everywhere, including the economy.
Martin's story is amazing. He's been jailed for 9 years now, the first 7 for contempt of court and is now finishing up a 5 year term after pleading guilty to a white collar crime. The 7 years for contempt of court was the longest served by anyone in the history of the US. Then, after being confined in solitary for days, he finally plead guilty to a charge that the judge used to sentence him, WITHOUT giving him credit for the 7 years already served! The usual time served for his type of crime (and there's serious questions about his true guilt) is 6-8 years. The travesty of injustice in this case is astounding.
Prior to this, Martin was a famed, globe-trotting economic advisor known for his uncanny ability to use his cyclic models to predict, to the day, major turns in the markets. Some of what he says in his essay regarding the conspiracy against him seems at time too extreme to be believable, but the other side is he's been proven over and over again to be correct in his models. So where the truth may lie is up to you to decide.
But read his essay and especially his suggested solution for the economic crisis we're in. Too bad our new administration won't listen to him!
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