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China will rise relative to the West as socialism dies. The process is set in motion by the internal decay of society in the current financial capital as it moves through the cycle of life — it is born, it matures, and then it dies. The fall of every empire throughout recorded history follows a similar pattern.
2019年6月8日 · ANSWER: That will come only after 2032. Keep in mind, the West will be tested and the failed system of continually borrowing is why the confidence in the West will break. After that, it will become the lesser of two evils. The financial capital of the world always migrates. The British never saw how America could take their crown.
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Spread the love. 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.
By Martin A. Armstrong. 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.
2023年12月1日 · Spread the love. A recent report by KBW Regional Banking Index (KBW) suggests that Comerica, Zions, and First Horizon are at risk of being acquired by greater competitors. Larger banks with strong returns, such as Huntington, Fifth Third, M&T, and Regions Financial, are positioned to grow by acquiring smaller lenders.
Spread the love. The Panic of 1837 was one such incident involving an unstable currency and financial system resulting in a lack of confidence in both government and the banks. An independent treasury system emerged when President Andrew Jackson transferred in 1833 government funds from the Bank of the United States to state banks.
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