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Armstrong Economics *
Martin 4. Armstr
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‘This Report may be forwarded as you like without charge. It is provided as a Public
Service at this time without cost. The contents and designs of systems are in fact
copyrighted. At a future date, a book will be released The Geometry of Time. The
charte are often reproductions of an earlier publication from 1986 also to be soon
republished The Greatest Bull Market In History covering from 1900 up to the 1950s.
‘dditional updating is underway to conplete the Century and into the current time,
providing a month to month history of the Financial development of Western Society.Chiwa
Ahe SaviouR oF Capitaltsey
& the Next Reseeue Cueremey ?
No matter what the politicians may
say ebout the otherside, the plein and
simple truth is that the Free
always plling. No matter what those
who would like to control the economy have
to sey, they are dead wrong.
a not if we ere talking
or Capitalism or the vain
be just a little~bit-pregnanz
socialism, Communism fell not
jonald Reagan and the threat of
+ It fell because central planning
iticians behind the Iron
urtain could no more control the economy
Republicans, Democrats, Tori
ry or whi is attac!
Star Wai
The Premier Jiabao, is
inke: in capitalism
even though ne s not China's fob
Lo save capitalism from itself 1
job than any p
yed fer more than
st. He has isp
numan face portray
a child trapped in the eart
the last great hope fo:
There is the bizarre comments of forner
US Treasurer Hank Paulson that blamed the deb
crisis on Caina. He told the press that the
huge volume of Savi nations like China 3
hao in fa a the risk preniuas azound Wen Jiabao, Premier
e world. I have never heard such a bullshit
story like this ever before. Indeed, Mr. Wen has made it known that he too also finds
ple woo lend the money are blamed for the carelessness of the
"Try that ox: banker!
At bizarre that the
borrower who
ee on yor
Wen has spoken clearly stating that lal crisis was caused by the
rn economies have persistently =nj g double fiscal and
e maintaining high consumption on leveraged borrowing.
3, like Paulson, constantly demanded higher leverage so they could increase
ge of returns relative to their copitel. What Hank Paulson did on his
insane blame-game is saying more-or-less, yes I am a drunk, but only because they
nake whiskey. It is like the gun arguments. Guns do not kill, people hill.
11] cut your head-off with a svord. Keeping al
cannot tolerate an ex:
Likewise, Hank Paulson's
fact that the Wes: runn:
count deficits, wh:
vere no gums, they would
from such crazy people is a good idea, but
90k piace hecause somehody else made the weapon.
attempt to excuse Investment Eankers beceus2 China lends cepitel that kept the
Snterest-rates-lover: disguising: the risky-is"noteredibie- end-=-diser
1