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Tag: Economic Cycles

China Moving to Replace USA as Financial Capitol of World – Martin Armstrong

A vital step in the shift of the Financial Capitol of the World moving from the West to the East, is becoming visible if you pay attention. Our model has revealed that the Financial Capitol of the World moves with the rise and fall of nations. China on the verge of becoming a net exporter of capital, it has already overtaken its Western counterparts as a primary source of credit for the[...]

Optimism vs Pessimisim – Martin Armstrong

by Martin Armstrong Armstrong Economics There is little doubt that we live in interesting times. However, it is not always doom and gloom. What you have to understand is there will never be any change or reform without the doom and gloom. We have to crash and burn in order to create what Joseph Schumpeter called Waves of Creative Destruction. [...] There was the Great Depression, which everyone [...]