2010-The-Collective-Conscience-6-26-10

2010-The-Collective-Conscience-6-26-10 - Armstrong...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 4
Background image of page 5
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Armstrong Economics Forecasting the World Former Chairman of ?rinceton Economitswlnteynaripnal, Ltd; IFhrtin A. Armstrdng Bf: Martin A. Armstrong Cépyfight All Rights Reserved . Jung 26th, 2010 Please Register For Special Updates At ArmstrongEconomlcs.COM By: Martin A. Armstrong Former Chairman of Princeton Economics International, Ltd. and the Foundation For The Study of Cycles NCE in a while, a glimpse of truth peaks through from the mist that surrounds us. It is so hard to comprehend how we can be advanced in every field, but how to manage a government. Someday, somebody is going to have to take the time to write HOW TO MANAGE A GOVERNMENT FOR DUMMIES. In every other field, we acquire knowledge by building upou the shoulders of those who have gone before us. Yet, management of government is like some medieval doctor who starts pulling out body parts until he finds the problem. For as brilliant as we seem to pretend to be, we are about as stupid as a rock with about the same density. There is little hope that we will ever be able to just learn to manage how our society is to function. That glimpse of truth, is never understood, and at the end of the day, all they will ever do is hold hearings and blame someone after the fact. We are beyond hope, and it is a sad day that it is just impossible to ever There is a Collective Conscience that controls the fate of nations. It is not a abstract metaphysics concept dealing with the fundamental nature of reality that is outside the objective experience of society for it cannot be demonstrated objectively. It arises from the "collective" behavior of mankind. There is a stark difference that emerges from a COLLECTIVE (MOB) behavior compared to a INDIVIDUAL behavior. When we look at cyclical forecasting, what we are doing is forecasting the NOE, not the INDI— VIDUAL. It becomes the clash of all time where people who refuse to believe in the business cycle assume that this dictates what they will do and therefore they lose free will. make a difference or avoid a catastrophe. The renoun Stanley Milgrave conducted the famous study following the Nazi trials where soldiers stated they were "onlyfollow—l ing orders." Milgrave took average people off the street and placed them in a room and were told to give electric shocks to a subject for answering any question erng. The victim was an actor who was told to Scream and plead with the average person to stop the test. To the shock of everyone, the average person was obedient to authority and continued to deliver painful electric shocks. His study was repeated around the world with the same rESultS. He established that the vast majority will follow orders even when it goes against everything that was decent . While Milgrave's study blew the minds of many and showed how and why judges and prosecutors can become no different than the soldiers of Nazi Germany who executed the Jews with no remorse, Milgrave expanded our understanding of so much about human nature that directly attacks so much of our self- image. Our subordination to authority is a very scary aspect of humanity. Yet, that was just the tip of the iceberg. interesting aspect of human nature that I believe goes directly to trying to under- stand market behavior. While we celebrate our slogan, E PLURIBUS UNUM (One Out ofMany) and pretend we really care about human right and all that bullshit, reality reveals that we are destined to fail and people indeed act collectively most of the time preventing reason from surfacing until it is too late. during rushrhour. He stood there and stared into the sky. Nobody even looked and just moved around him. Milgrave then increased the number of people to five new staring at the sky. Suddenly, people began to stop and look upward as well. In traffic, we call this rubberrnecking. What Milgrave exposed was that crack into our collective behavior. I will make a more detailed account in my upcoming book In the Blink of an Eye. However, suffice it to say, there is a distinct collective type of "MOB" behavior compared to individualism from which cycles emerge. When you walk into a library, you are quiet because you know this is the expected group behavior. In many areas, we act like groups and function in a collective manner NO MATTER how much we may think we are a free spirit. The crude awakening is we are merely the SUM OF OUR COLLECTIVE BEHAVIOR. we are NOT as independent as we may truly believe. It is our tendency to group together that creates to BOOM & BUST cycle. Those who will refuse to accept that are so much apart of that process, they cannot stand back and be objective concerning their own actions. Markets will rise in a spike of full collective concentration of capital and people, and they will collapse whenever that group now suddenly panics and seeks to move in the opposite direction. panic, they will now become a herd of all sellers and there are no buyers. That is what makes a market crash. Govarnment, will hold hearings and seek to punish anyone who they can claim was now a sellers They then turn to the people and try to blame the event of that person and pretend that all is now safe to return. Take the 1,900 point drop on May 6th. The government wants to investigate and hold somebody's feet to the fire. They could not find anything abnormal. Yet they still new insist upon creating regulations to prevent that from taking place. We have no idea as a society what even makes us function. How can we regulate that which we cannot even comprehend? There are Democrats who will argue that the FREE MAR- KETS cannot be trusted and they should have full power to regulate. But they are just clueless. They are so filled with hate for the so called rich, they are blind to what they themselves are doing to society. There is a COLLECTIVE CONSCIENCE that emerges from the group behavior that we must simply understand. The IOnger we will ignore this, the greater the potential for inviting our complete destruction. It is SOCIALISM that is dead. I do not disagree with having a safety net. I do not disagree with even a national base system of health care. I belive that such a thing is a HUMAN RIGHT that is at the very purpose for creating a society. You do NOT join collectively to form a state for no benefit at all. There is a police force and a fire department. These are just two fundamental reasons for creating any collective grouping. However, simultaneously, there can be no power to tax individually that is contrary to human nature. We either accept who we are as a people, or you leave the group. Freedom of Religion and Speech means I must defend your rights even if I disagree in order to preserve my own rights. What emerges is a COLLECTIVE CONSCIENCE from the COLLECTIVE BEHAVIOR of man. By this I mean that there are pretty standard rules that govern the distictive difference in how a group behaves compared to a individual. we still retain the potential to participate in the group or to leave. But the group moves according to a fairly consistent set of laws governing how it will act and evolve; There was considerable speculation that a computer could become self—aware and thus emerge as if it were a human being. What was really being postulated indeed the hypothesis that a computer could emerge as a souless entity, in many ways, this was an abstract of the Collective behavior of a mob. with its depiction of the computer HAL.lhese shows reflected what was being debated in the computer field in my younger years.Well, we have yet to reach the level of Star Trek or the space ship in 2001, but we have made it to that level in computers. What I embarked upon in computers was to create that collective reservoir of all possible knowledge from every age. By then bringing that together and creating a com~ puter that could think in the manner that a person could insofar as a method of then analyzing what takes place, what emerged was a window into this Collective Conscience that amazingly revealed the essence of how everything functioned. There is simply a group behavior that dominates how society functions. Milgrave cracked that egg and exposed some very true interactions that blew one's mind. What ghe revealed was our hidden collective order no matter how brilliant we thought we were or how independent. There was something lurking in the background. GOVernment takes each and every event. They try to reduce it to a single cause and effect. They then attach that cause to a particular person, firm, or industry. They care nothing about the truth, for laying the blame on someone, this manner, it is never the cause of anything for it is the one doing the investigation and then the laying of blame. exonerates themselves. In emerges from the collective behavior within society. It is the group activity and the swing within the population that then creates the Gaoillation in all things, even politics with the rise of one party over the other and then its loss to the opponent. This is why the FREE MARKETS are never wrong. It is why communism failed in 1989. No system can be sustained artificially. The FREE MARKET is NOT letting Goldman Sachs or any other firm manipulate a market or domin— ate it. Such artificial manipulations or the attempt to control the economy as was the ‘ case with COMMUNISM or even SOCIALISM, are not sustainable. ALL THINGS ARE SUBJECT TO THE FORCES OF ECONOMIC REALITY. _________________l___l_____._._l__ card indefinitely, government is just no different. We cannot continue to borrow with no regard for the future and expect that we are somehow the exception to common sense. I write not to try to preach doom and glOOm. We are entering a new era where all that once was will come to an end. The real issue is HOW do we rebuild what is going to monetary self~interest as Cincinnatus did in 519 BC to save Reme. History has always next decade or by 2032 at the latest, best way to accOmplish that is by a keen and educated population. For our saving grace will not come from Washington. There is a Collective Conscience that emerges from the group behavior that will drive the markets and force events to then unfold. The key is to understand the WHOLE movement of ALL markets collectiyely together for then and ONLY then will you see the emerging trend of the collective free mar— kets. I am working on a global correlation that will enable you to see the world and how it actually works. It is the revelation of the Collective Conscience that exposes the future laying it out prostrate fer all to see. This will take a few months, but it will open your eyes to collective behavior. a LACK of information.Theysaw the Dow down 500 points, the_biggest in history to that date, and there was no explanation as to The 1987 Crash proved the very point of Milgrave's experiments. People respond to group behavior. The ONLY explanation for a DOLLAR lower by é0%. That brain—dead idea to supposedly increase US exports and thus domestic jobs, was telling all foreign in— vestOrs to GET THE HELL in the dollar? Since the answer to that was NO, then the answer was SELL! world does not count. en by interest rates, politics. earnings, and local Capital is global, and that means the economy YOU Cannot get it freely moves in and out of and thus if you ignore that, anything right. Collective Conscience is the net sum of all our fears. aspiration, and current trends. That sum is GLOBAL, not DOMESTIC! Therefore. the fate of the markets is never determined by the simplistic domestic ideas of raising or lowering interest rates or Some other big fictional delusion. We are in the senectitude of Western idealism. We are terminally ill and Marx has simply wiped out everything that the age of Enlightenment was all about. Instead of an improve our living conditions? It is one thing if a woman desires a professional career. It is another if she cannot stay home and raise the children if she wanted to. Everyone acts out of their OWn personal selfrinterest. That means that COLLECTIVELY, the sum of all actions is the real trend. It is never some easy and single domestic event that changes trends. Therefore, we must look to the sum of the global trends to determine the future of even a domestic trend. This is FREE MARKETS mean that we cannot prevent economic reality. You can try to do whatever you want be decree. But people do not obey stupid laws. Look at speeding laws, or even parking laws. Merely passing a law does not mean that everyone will obey the law. If you try to tax everyone, they will hoard their wealth and bury it. That is what took place in Rome and caused the economy to implode. Companies can also leave. Citizens can resign their citizenship. America was built that way with people fleeing laws that were unjust and people fled denial of rights and denial of the freedom of religion. Unjust laws set in motion a vast migration. ...
View Full Document

Page1 / 5

2010-The-Collective-Conscience-6-26-10 - Armstrong...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online