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The first coins actually minted in Korea did not take place until the 15th year (996 AD) of the reign of King Songjong (成宗). The first coin was cast in both bronze and iron and was based on the standard Chinese cash coin which was round with a square hole in the center.The bronze coins are much rarer than the iron coinage since iron was a ...
2023年12月6日 · Posted Dec 6, 2023 by Martin Armstrong |. Spread the love. Moody’s has downgraded the outlook on China’s credit rating from “stable” to “negative” due to concerns about the country’s post-pandemic recovery, weak consumer and business confidence, a persistent housing crisis, and a global economic slowdown.
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%...
2023年10月25日 · The Unfolding Recession & The Coup. QUESTION: Mrt. Armstrong, Socrates has been a real lifesaver. It is refreshing not to have someone spinning their political views into everything. Socrates called for the high in GDP here in 2023 and that the high took place in May. Here, we have Biden creating money without regard for fiscal responsibility.
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.
2022年1月18日 · Posted Jan 18, 2022 by Martin Armstrong |. Spread the love. The Korea Economic Research Institute (KERI) believes that the youth born after 1990 will be unable to claim their pensions as the current system is close to collapsing. South Koreans may claim their pensions at the age of 62, which is about three years earlier than other G5 nations.
The Economic Confidence Model, developed by Princeton Economic Intl. Chairman and renowned economist Martin Armstrong, is a wave structure that builds in intensity through six individual waves of 8.6 years that form a major wave of 51.6 years, which in turn builds up once again into a 309.6-year structure.
