Our first interview with Martin Armstrong from Armstrong Economics. We´ve questioned Mr Armstrong to various topics: most useful German history lesson, Build Back Better, Klaus Schwab, Julius Caesar, fixed exchange rates, taxes, perpetual bonds, Dow Jones 40000, his legacy and much more.
00:00:00 Introduction
00:00:47 Wich German history lesson is most useful to predict the future ?
00:03:57 Velocity of money a proxy for faith in the government ?
00:05:09 Old theories based on fixed exchange rates
00:07:13 Armstrong about politicians
00:09:00 Fake news in ancient times
00:10:17 Klaus Schwab – World Economic Forum
00:13:45 Amazon, diversity & unions
00:15:36 Artificial intelligence – misconceptions
00:21:00 Lockdowns & the economy
00:22:01 Retraining, new job qualification possible for everybody?
00:24:47 Politcians vs techno & financial elite
00:29:24 Direct democracy & an end to career politicians
00:31:30 No more taxes
00:38:29 Endgame for economies and economical theories through negative rates
00:40:10 Everchanging regulations – predictions possible ?
00:42:52 Green investments not profitable ?
00:44:46 Stanley Druckenmiller & algo trading nowadays
00:46:08 Hoover & capital flow
00:47:29 Short sellers always to blame ?
00:51:34 Always exaggerated expectations
00:52:44 Misconception of short selling
00:54:05 Russian financial crisis of 98
00:55:50 Why are perpetual bonds better than a default ?
00:58:04 Consols – British perpetual bonds
00:58:31 Dow Jones 40.000 ?
01:00:39 Professional legacy ?
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