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Defining the Business Cycle. By Martin Armstrong. There are those that adamantly deny the existence of a Business Cycle for one simple reason; if a regular Business Cycle exists, then man and his government, driven by special interests, are incapable of manipulating its outcome.
Macron and Biden Now Lying Russian Assets at Zelensky’s Feet. June 11, 2024. Macron and Biden do not represent their respective nations as they act in ways that are an utter detriment to national interests. The French and American leaders... War.
Armstrong Economics offers unique perspective intended to educate the general public and organizations on the underlying trends within the global economic and political environment.
Everything is connected in an intricate dynamic nonlinear network where the slightest change in one region can set in motion a ripple effect of dramatic proportions around the world. Understanding this dynamic nonlinear global network is the first step in restructuring government and our idea of managing our political-social-economy.
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The very theory of Communism and Socialism are predicated upon trying to eliminate the business cycle. The single objective was to equalize wealth, and eliminate the boom and bust cycle. These theories failed and were used to justify killing more people in history than any single idea.
Merrill Lynch settled with Orange County, California, for a massive $400 million to settle accusations that it sold inappropriate and risky investments to former county treasurer Robert Citron . Citron lost $1.69 billion, which forced the county to file for bankruptcy in December 1994.
