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South Korea

The history of South Korea formally began with its establishment on August 15th, 1948. In the aftermath of the Japanese occupation of Korea following Japan’s defeat in 1945, Korea was divided at the 38th parallel in accordance with a United Nations arrangement. The North was to be administered by the Soviet Union and the South fell […]

North Korea Fires Artillery Shells in the South As they Return Fire

North Korea fired more than 100 artillery rounds into South Korean waters as part of a military drill on Monday, March 31st. The South returned the fire. The North is more-likely-than-not going to engage the South after 2015.75. When the economy turns down, the saber-rattling may turn into actual confrontation. The North will need its […]

The US did NOT cause the Fall of the Soviet Union – that is a False Belief on Both Sides

There is a serious issue at the core of the USA-Russian renewed Cold War. Both sides fail to understand how and why the Cold War ended. This is a profound problem that impacts both Russian and Western attitudes risking war in the future. This very common assumption that the West somehow succeeded in causing the collapse […]

Obama’s Handling of the Rise in Global Revolutions

Here is a decent piece from BBC News on Obama and how he has handled more rising civil unrest than any other president. This is what our model is all about. There is a rising trend against government corruption on a global scale that is showing up everywhere. Part of this is the Generational Shift […]

War – Civil v International

COMMENT: Mr. Armstrong; I studied at the Citadel Military College where I was introduced in Philosophy to your Economic Confidence Model. They taught it there in case you do not know. I must say, your recent comment distinguishing civil war and unrest coming from the people and international war arising from kings and ministers is […]

Assassination – tool of Revolution – The Contagion of the 19th Century – Are We in for a New Contagion?

A number of people have asked what was this Marxist Anarchist movement inspired by Karl Marx (1818-1883) and are we seeing this rise again? The very idea of assassinating leaders such as President Lincoln and President McKinley was part of an international trend that began during the 19th century and was based upon the theory that […]

ECM Historical Dates

  Those that ask about the Dates of the Economic Confidence Model going back in time and forward should look at the page under the model that provides that data. The calculation is 3.145 years from the peak of each wave so 63.55 = 66.695

Gangster Bankers: Too Big to Jail

Matt Taibbi is back exposing the deal they snuck under the table for HSBC who got caught money laundering for drug dealers and terrorists. The bankers have been getting away with unbelievable fraud because they have been blackmailing government arguing who will sell their debt if they go down. The days of these bankers are really […]

Dow Coming Phase Transition – Bull Market on Steroids?

QUESTION: Mr Armstrong, I have been a fan since 1998 and want to understand the concept of phase transition. If the Dow in Euros continues in a bull market while the value of the Euro is falling, then with the capital flows from EU into the perceived safe haven of the Dow, the Dow in Dollars must therefore […]

Deflation & Europe – Coming Great Depression

Sometimes you just have to be smacked in the face three times before you recognize when is happening. There is a rising tide that DEFLATION is starting to be seen as the real threat facing the world economy emerging out of Europe. I cannot stress enough that Europe is disintegrating before our eyes. Between Hollande […]