RR
Usual sky is falling.
Stan
-----Original Message-----
From: Ron Ristad <ristad@xxxxxxxxxxx>
Sent: Mon, Dec 26, 2016 1:04 pm
Subject: Dow 40,000?
With the entire world financial system on the verge of collapse it's extremely
difficult to take Martin Armstrong's predictions seriously. I just can't see
how what he is predicting is possible. The problem is that his predictions,
which he claims are not his but those of an AI computer program, have been
accurate in the past so I can't ignore him.
-RR
by Martin Armstrong
All that matters is what you believe. Despite all the leftist protests yelling
Trump is not their president, Michigan University, which tracks consumer
confidence, has reported that we have reach a new 13 year high. If we remove
California, Trump won the popular vote in the Nation. The consumer sentiment
index reached a record high since 2004 at 98.2. This is what has been behind
the Trump Rally. If we cross the 20,000 level and reach sustainable levels
above that psychological number, we stand a good chance of bringing in the
average investor who abandoned the market after 2007.
With a return of retail investors, then we stand a chance of pressing through
the 23,000 level (our next major target) and then we can see a run that will
try to reach 40,000. Keep in mind, we are talking about a Phase Transition
here. That means it will be fast and furious.
We will be issuing a special report on the stock markets for 2017. This may
just be your best opportunity in a decade. So those who hate Trump – suck it up
and focus on the profits. Such opportunities do not come in life that often.
The future is not as dark as it seems. What we face can be disastrous but it
also can be the dawn of a new era. Government is our worst enemy because it
refuses to relinquish power to save society. Like Hillary – it’s always just
about them.
This Presidential election has exposed the tremendous deep divide of the nation
and the world for that matter. We are headed into the eye of the storm in this
battle between left and right. The left is all about punishing people who have
more. They are really the people who would break into your house and rob you
under the pretense that they deserve it because you have cheated them in some
way. This uprising always comes from the left; i.e. China, Russia, and Europe.
The uprisings that spring from the general population are directed at
government and not the rich class warfare stuff. Those are the revolutions such
as the American and French of the 18th century.
The future is dark and sinister if the majority remain silent against the left.
Keep in mind that the left have the press in their pocket. This historically
has always made them the most dangerous. The left will rise up in class warfare
and that takes various forms. Even the uprising in Germany that targeted the
Jews was based in class warfare. Kristallnacht, also referred to as the Night
of Broken Glass or “crystal night”, symbolized this was really a class warfare
incident that began with the idea that the Jews were the bankers and evolved
into getting all the Jews who were often the store owners as well.
Kristallnacht was the looting of the Jewish stores and robbing them of their
property. Yes it targeted the Jews. But the ethnic origin masquerades the class
warfare.
So what do we really face? We are looking at the Sovereign Debt Crisis
beginning in Europe. Why? Europe has been excessively left. They have the
highest levels of taxation and the ability of a government to function is
dependent upon the level of taxation. When you reach the maximum point of tax
extraction from the people, you see economic deflation sparked by hoarding
rather than investment, which the European Central Bank (ECB) has been fighting
without success since 2008. The ECB has been the buyer of state debt and there
is now no reversing the process. If the ECB stopped buying government debt,
government would quickly discover no bid for their debt and then interest rates
would explode. Government would chase money rather than restructure until the
entire facade collapsed in their face. This is just how governments always
collapse when they are debt burdened as we have today. Thus enters the
Sovereign Debt Default.
The Trump Revolution will breathe life into the U.S. economy and suck in
capital from around the world. Capital is like water. It will flow to the
lowest tax combined with security, and skilled labor. The United States has a
top federal tax rate of 39.6% compared to Europe over 50%. With Trump lowering
taxes, the economy will recover faster, but at the expense of the rest of the
world. The United States is not at the same tax level as Europe so it is not in
the same desperate position – YET. The Trump Revolution may buy us some more
time. But the tax code of the United States illustrates this perpetual battle
between the left and right. Business cannot function with the tax code
constantly changing. This is the NUMBER ONE reason why jobs leave. It is not
purely for wages – it is the chaos of politics creating uncertainty for the
future.
The left hate the rich because they want a piece of that pie without working
for it. In Australia, the Green Party is being moved to the extreme left led by
NSW Senator Lee Rhiannon dedicated to the “fight to bring about the end of
capitalism”. No matter how many times the left has tried to create utopia and
failed, they never give up.
The left always hates anyone who produces. They are the cancer within society
and the key to its total destruction. They have been the sole culprit that
stands behind the massacre of hundreds of millions of people.