USA Has Peaked as did Britain in 1914 & The Sun is Setting Rapidly on the American Empire

The one thing on this global tour that is pouring out of the seams is just how much the United States is seen as a dictator & bully to the rest of the world refusing to respect territorial jurisdiction. In every country I have visited, I have been embraced as an American Political Prisoner. Everyone can see we bought portfolios in Japan and Japanese companies were bleeding out of their eye sockets rather than being flush with billions in cash to speculate in hedge funds. The changing of transcripts by the judges has exposed to the world just how corrupt New York really is which is why the Facebook suits around the country were usurped and taken to NYC where the judges will protect the investment bankers involved. Because of this status, the discussions are even more frank than ever before. The audacity of the USA to threaten to seize any assets of a foreign company who does not report what an American is doing overseas is the greatest threat to international law since the days of Black Beard & Pirates.

I met a European who was married to an American who inherited money from her family and because she is American, no bank will accept her money despite the fact that she has lived in Europe for nearly 20 years. Americans have been thrown out of everywhere. Hedge funds will no longer deal with Americans even living in Europe. The damage to international capital flows is off the charts. This single law has wiped out whatever international trade advantages Americans once enjoyed.

This law has inspired real resentment of the United States internationally. Even Americans with safety deposit boxes in Switzerland were given 3 days to get out. There are no Americans left unless they have work permits. American Express will not issue a card to an American outside the United States without work permit status. USA policies of making everyone wait 1.5 to 2 hours at airports just to visit on a business trip and finger-printing travelers is way over the top. A old friend of mine was visiting from Canada. I went to pick her up at the airport. Immigration call me on my phone and asked if I spoke french. I couldn’t believe what they were doing. When I said she was Canadian, the response was she was still an alien.

The lowering of $10,000 to $3,000 as the reporting threshold on bank wires is just insane. We tried to wire funds to simply pay for the Bangkok WEC and the bank refused to accept it worried that they would have to prove that we were really just paying expenses rather than trying to hide money offshore despite the fact it was someone else’s account. Trying to do business internationally for Americans is becoming a real nightmare. The once land of the free & home of the brave has been transformed into George Orwell’s 1984 nightmare squared. Americans are now just economic slaves – property of the state no matter where they reside. Americans are being forced to resign citizenship just to survive.

Americans have become the most detested internationally as well as the most oppressed economically. You have no right to even resign your citizenship for they view you as the property of the state and they are entitled to future income even if you leave. Only Americans and Japanese are economic slaves taxed on worldwide income, not because you owe a “fair share” of services you receive, but because you were born as property of the state. This attitude is contributing to the Decline & Fall of the United States and indeed China will surpass the US as the Financial Capital of the World.In Asia, the US is becoming secondary as 40% of China’s imports are from Asia as a whole. China has been buying up farms in Australia. They are pushing for their currency to be considered reserve status in Asia.

While the US portrays China as corrupt in America they are just given titles – “lobbyists”! As for China violating human rights, just look at the Occupy Wall Street Crowd. The US never locks you up for what you say, they have 1 billion laws available to arrest you for something else.Freedom of Speech is an illusion. In our own case, we have documented written evidence that the government wanted Princeton Economics silenced. When another company wanted to rent the operation to keep the staff in place and the forecasting going, the Receiver Alan Cohen and Tancred Shiavoni of O.Melveny & Myers said they did not care if they offered $50 million in rent per year, the Institute would be closed unless I turned over the source code to the computer model over to them.

The pepper spraying of students who were sitting down in protest is an illustration that America does not practice human rights any more than any other authoritarian government. If they do not like what you are saying, they will also take action under the pretense of some other law.

Coxey’s Army that marched on Washington due to the Panic of 1893 was broken up by arresting the leaders for walking on the grass. This was the march  that was the inspiration for the Wizard of Oz complaining about the austerity of the gold standard (yellow brick road) and the Off to see the Wizard was Congress with the tin man being industry, the scarecrow agriculture, the cowardly  lion was William Jennings Bryan.

The veterans who marched on Washington during the Great Depression were attacked by US troops that even killed children and saw US tanks rolling down the streets of Washington, DC. They were known as the Bonus Army and the abuse they suffered forced the government to issue the GI Bill for World War II because no one would trust their empty promises anymore.

Now, even China has refused to buy US government bonds from NY bankers. The sun is setting very rapidly and the more power handed to the bureaucrats, the more rapid the demise of the United States will be. Yes it could be stopped. We need serious political reform and clean up the corruption. Even Edward I of England was forced to sack all the judges because of the abuse of legal corruption. Thus – history repeats continually.

This is part of the cycle where capital is starting to move away from PUBLIC investment and into the PRIVATE sector. But as long as the American press refuses to address the real issues, then nothing will change. Even respect for the American press has diminished worldwide. Here is a piece in the Guardian showing the undertone of the lack of respect that is centered around the USA press. Is it any wonder why we are in a PRIVATE wave with confidence shifting away from government? This is the catalyst that will force political change but not until the economy forces the issue. We are in the last stages of the collapse of Marxism. That began in 1989.95 and it should be a 26 year decline meaning 2015.75 is indeed where we may see the strong rise of a new third party movement based at last on economics rather than social issue nonsense. For in the end, two guys will be sleeping on a park bench after losing their homes and families. One will say – at least the gays can’t get married. The other will say – well those rich bastards can’t take their money overseas anymore. Sometimes we burn down the barn to get the mouse.

 

http://m.guardian.co.uk/ms/p/gnm/op/view.m?id=15&gid=commentisfree/2012/nov/13/petraeus-surveillance-state-fbi&cat=commentisfree#.UKLyYgPRiTk.mailto

 

310 Page Special Asian Forecasting Report

 

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This report shows coming explosive moves to the upside such as India and the final collapse of Japan as early as next year. While European nations are being downgraded for their credit ratings, both South Korea and the Philippines were upgraded. This is the most comprehensive look at China and its currency. Here is the driving force for the next few years. To understand the rise of Asia and the fall of the West, this report is essential to all investment decisions for the next few years.

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The Euro Impact – Exporting Deflation

The Berlin World Economic Conference December 1st & 2nd is shaping up to be a major event. Our focus will be the Euro and since we warned that the Euro monetary system was unsustainable as designed and the European Commission even attended our World Economic Conference in London to listen to our warnings, the pressure is clearly building for it is now the fate of Europe and the world that lies in the balance.

This is what we wrote in July 1996:

The theory that creating a single currency for Europe will solve all the problems is by no means the answer. It will not solve the vast disparities between the economies of Europe but in fact will be a means of exporting deflationary policies at work in Germany to other nations such as Britain and Greece. What EMU must be about is more than a single currency. While a  single currency will ease some risk problems for business associated with currency, it poses significant dangers that would breed resentment between member states by exporting German economic policy to the rest of Europe. This is the similar problem whereby the dollar is the reserve currency and this results in the United States exporting its inflationary policies to the rest of the world caused by the lack of fiscal restraint.

Genius – Thinking Out of the Box

Thinking out of the Box has always been a pioneering adventure. When it succeeds, it is called Genius – and when it fails, it is traditionally associated with nonconformity. Yet we are at a crossroads where knowledge is about to be put to the Test of Ages where either we remain in darkness presuming the world is flat or we open our mind to a whole new world. Studies of what is actually a “Genius” have shed light on a very interesting behavior profile. Winston Churchill was a nonconformist who was rather independent and rebellious by nature, and failed to achieve any serious academic record in school. Nevertheless, he was widely considered to be a genius because he thought out of the box(Genius thinking out of the box),

Our Berlin World Economic Conference is shaping up to be a very important event, There appears to be TV coverage as was the case in Bangkok. Even the Japanese press interviewed me in Bangkok. Offers to actually teach courses in Asia and Europe are now in negotiation illustrating that we are on a threshold for a New Age of understanding the Business Cycle. The rest of the world is starting to wake up leaving the United States far behind the times which is part of the cycle that marks the Decline & Fall of a Nation.

We as a society fail to ever learn from our mistakes in social science because there is no means to accumulate knowledge. Each generation pays only lip-service to economic knowledge of the past because we remain trapped by Marxism of self-interest that dominates government. The central theme pf Marxism was to eliminate the business cycle by tempering it and suppressing it. This idea led to communism that collapsed in 1989.95 and we are experiencing the collapse of Western Communism known as “SOCIALISM” with the same objective of controlling the business cycle. This is what we face – the reality of the business cycle that includes weather and is beyond the control of man.

 

The Euro Impacted Everything Including Gold

When I was invited by the Central Bank of China to Beijing after the 1997 Asian Currency Crisis, I was told to please continue to try to explain what was taking place in the world economy because I was the only independent analyst with worldwide experience. For you see, had you been able to ask “real” traders on dealing desks around the globe, they would have said what I was saying about the Euro. But they cannot speak for if they did, any comment would have been attributed to the bank that they worked for. Here is a communication from July 1999 as gold was making its major low. Every time so many default to the CONSPIRACY theory to try to explain current events and this greatly misinforms everyone of what is really taking place and the true risks that we face in the world economy. This December 1 & 2, I will be delivering our WEC in Berlin and it is already shaping up to be a political event since I am the guy that warned the commission it would fail. Since that is on record, you can imagine the vortex shaping up around the Berlin WEC with TV and newspaper requests for interviews already. It was the formation of the Euro that caused capital to pull out of Asia and head to Europe for the birth of the Euro in 1998. But it was also the cause of the low in gold in 1999 as nations dumped gold to boost their balance sheets for the Euro entry. Here is correspondence of the period that shows the atmosphere and why so many remain in the dark about international capital flows being the key to correct global forecasting. There is no giant long-term CONSPIRACY in anything. Yes there are market manipulations and conspiracies to accomplish that. But these are short-term events based upon immediate profits. There is no grand design to manipulate the world economy. It has always been isolated manipulations to make guaranteed trades not to control the trend of markets over decades. That does not produce instant profits.

===================

>From:             ——–

>Sent: Friday, July 09, 1999 10:03 AM

>To:     Martin Armstrong

>Subject:         FW: Attn: Martin Armstrong

>Dear Mr Armstrong,

>

>So you think there is no gold price manipulation …

>

>Just as an example, let’s look at the Bank of England (BOE) gold sales:

>1. BOE announces the gold sale in advance, decimating the higher price

>it would have obtained if it had kept quiet (like most countries do).

>These losses far outway any future interest earned.

>2. The sellers at the auction were by invitation only (ie LBMA only) 3.

>We still don’t know exactly the name of the buyer(s) 4. The auction was

>over-subscribed 5-fold, but gold price still falls $5 after the “sale”

>5. Galyn Davies is a Goldman Sachs partner and is also Tony Blair’s

>economist. Davies is Goldman Sach’s international economist and

>operates out of the UK. Davies just also happens to be the chief

>financial advisor to Gordon Brown, who is Britain’s Chancellor of the

>Exchequer. The well circulated rumor is that Goldman Sachs is short

>1.000 tons of gold and that Davies was the influence behind the English

>decision to sell gold. It would appear there is a big conflict of

>interest here, to say the least. Or yet another coincidence.

>

>Very, very suspicious

>

>Yours faithfully

>

>xxxxxxxxxxx

>

Indeed, a very nice string of facts. The problem is that everyone on the street knowns that GS was LONG and trying to go for the stops of the public funds, which were short. When BOE made its announcement, it was GS dumping gold all over the place. They lost a bundle and every dealer knows it.

The CBs are not manipulating gold, they are dumping gold. Why in the world would they be concerned about trying to force gold prices down and at the same time continue to liquidate? This Conspiracy makes no sense.

The CBs of Europe started to sell gold to reduce their deficits to meet the EMU criteria. When Australia learned about what was going on, they too sold. Everyone is front running everyone else. It’s not a conspiracy, because that implies coordination and some end motive.

BOE would NEVER do anything to help bailout a US bank. It is total nonsense.

All this bull is really an excuse for those who have been dead wrong on the direction of gold. It implies that they would not have been wrong if this manipulation was not taking place. They were wrong and should simply admit the truth. The longer they deny the truth, the long the bear market will continue. It is right on time. A 19 year bear market is normal.

Because there has been an increase in other central bank selling without public announcement, there has been no bounce in gold whatsoever. Nevertheless, this is just the prelude to the Euro that will fail in the end as debt simply replaces currency. As long as a trader can isolate a country with some instrument, there can be no single currency.

M. Armstrong