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Tea became a recognized form of money in domestic and foreign trade. It was said that 20 tea bricks would purchase a horse, and 12 bricks would buy a sheep. The tea also had an advantage over metals and salt. Tea could be used as money and eaten as food in times of hunger. In addition, tea was brewed as a beneficial medicine for treating coughs ...
1 天前 · Market Talk – May 9, 2024. ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 128.39 points or -0.34% to 38,073.98 Shanghai increased 25.84 points or 0.83%...
Democrats Destroying the United States – Here Comes the Recession. March 30, 2024. The stats are in, revealing that Biden has flooded the nation with over 6.4 million illegal immigrants who have entered the U.S., bringing the total to now 13.7... China Immigratin Immigration Politics Sovereign Debt Crisis.
About. Martin Armstrong was born in New Jersey the son of a lawyer and Lt. Col under General Patton in World War II. Martin was encouraged by his father to get involved in computers during the mid-1960s. He completed engineering both in hardware and software but after being offered positions by a government contractor RCA in Thule Greenland ...
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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 ...
The primary mistake many make with the Economic Confidence Model (ECM) is assuming it should be a perfect model for the stock market, gold, or some other market. It is a global model and does not track any individual market. It is tracking the phenomenon of international capital flows. There is a shift back and forth between PUBLIC and PRIVATE ...
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