A long but good one here on a wide range of topics. There are no timestamps but there is a transcript for those who prefer to read along.
A long but good one here on a wide range of topics. There are no timestamps but there is a transcript for those who prefer to read along.
A good listen, I’m in finance, so have heard similar arguments like this before and would tend to agree with many of his points, although he went pretty easy on the central banks. A good piece to help wake the villagers.
Watched this earlier, and no doubt when the ponzi scheme ends as a result of no longer finding anyone to buy the debt, we will be on the edge of a cliff
You need guns, developed shooting skills, TONS of ammo and food, and a serious willingness to butcher any mofo who’d be dumb enough to even think of trying to jack your sh**.
Otherwise you are just a future victim.
The thing about Martin Armstrong that troubles me is that he claims to have a computer, Socrates, which harvests data from many sources and predicts the future, and not just for financial markets. He could be good at making educated guesses, but Socrates is pure BS, and the BS taints his whole prediction operation..
He has never explained how “Socrates” avoids overfitting.
All models not based on independently and empirically proven laws are basically assumption laundering devices.
I should have said “based *entirely*” on independently proven laws.