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It has been through the Business Cycle that all advancement and thus economic evolution emerges. Joseph Schumpeter (1883–1950) called these Business Cycle events – Waves of Creative Destruction. Unless oil rises in price to excessively high price levels, alternative fuels will never be developed. There must be a viable economic foundation ...
2019年4月2日 · The intensity follows a cycle of 224 years in duration which comports to the same time frame that revealed the Economic Confidence Model. The period of 224 years divided by 26 financial waves of panic revealed the frequency of 8.6-years which was a derivative of Pi – 3,145 days. There are events which take place on the half and quarter cycle ...
By Martin A. Armstrong. Only since about 700 B.C. do we find a consistent record of the monetary system of the world. The credit for the creation of an official coinage system belongs to the Ionians or Lydians within the Greek Empire of Asia Minor – modern day Turkey. Although the merchants of the day were affixing their own seal of value to ...
Money and the Evolution of Banking. While prostitution has long been regarded as the first profession and lawyers as close second, the banking profession is clearly the third oldest known to humankind. The invention of banking preceded that of coinage by several thousand years. Banking appears to have originated in Ancient Mesopotamia.
2015年4月22日 · The 19-year cycle is the realignment of the sun, moon, and the earth when they return to the same point in their relationship. It will show up in economics every so often, like the 19-year bear market in gold from 1980 into the 1999 low. However, it appears to end in a harmony of several cycles lining up, as one cannot find a regular 19-year ...
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2024年1月31日 · Exclusive Interview! Martin Armstrong's Socrates 2024 Election and Economic Forecasts -- Part 1. Join Kerry Lutz and renowned economist Martin Armstrong for a captivating discussion centered around the Socrates computer model’s uncanny accuracy in predicting political and market trends since 1985.
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