Economics

Why do Cycles Work? | Armstrong Economics

Posted on by johnbarleycorn12

QUESTION: Mr. Armstrong; Your analysis is really remarkable. When the Dow was making new highs in October you said it was not breaking out. Then you said it would correct to retest the monthly support. You even warned that the bulk of the decline was always before the holiday as fears would grow for what would happen after the market reopened. You always get the highs and you even named the day of the low this week the week before. How can your arrays do this? I know that they do. My question is have you put any effort into discovering why cycles work in the first place? HD ANSWER: That is a question I get often and it seems to me to be up there with is there God and what is the meaning of life? All I can say is the foundation of EVERYTHING is a cycle. Here is how sound travels known as the Doppler effect. Sunlight also travels in waves. Change the frequency and you get a different effect. There is a cycle to absolutely everything around us. The Arrays are composed of a correlation of 72 individual models. Then there is a global correlation to the frequencies of all other markets. So there is not a single cycle that you can reverse-engineer from an array. It just does not work that way. We simply do cycles differently than most people in the cyclical analysis arena. So why do they work? Perhaps that is just the key to the universe itself. The earth travels around the universe and reaches the same spot once every 25,800 years. We also are born, we live, and then we die – the cycle of life. Then at the core of everything lies the fractal design within nature. It is more than just a Mandelbrot Set. We have children who are copies our ourselves taking bits of both parent’s DNA. That is the process of cyclical reproduction by self-referral. Then there is the Lorenz Stange Attractor which was the fascinating cyclical behavior of weather systems, which of course are ignored by the Global Warming people. In effect, they are no different from the people who executed others who dared to say the earth was round instead of flat. Absolutely everywhere we turn, we are confronted with cyclical behavior no matter what the system we have under study. Just go to the beach and pay attention to the waves which crash upon the shore. Count the number of waves between large wave and you will suddenly be confronted with a pattern.
— Read on www.armstrongeconomics.com/armstrongeconomics101/understanding-cycles/why-do-cycles-work/

An interesting and thought provoking article

EU Demand a 37.5% Reduction in CO2 Output from Cars by 2030 | Armstrong Economics

Posted on by johnbarleycorn12

The EU has shocked the auto industry and came out based upon this new round of forecasts that humans will be extinct by 2050. Cars must now become considerably more climate-friendly by 2030. The carbon dioxide emissions of new cars must fall by 37.5% compared to 2021. The negotiators of the EU member states and the European Parliament agreed on this compromise on in Brussels last week. With regard to light commercial vehicles, a CO2 reduction of 31% was agreed upon. For both vehicle classes, however, they also imposed a reduction of 15% must be achieved by 2025 as the first stage. This agreement actually comes as a surprise to many. The requirements are far more drastic than the car industry and the German government originally wanted. Naturally, Germany was not looking for such a reduction and were hoping to cap it at 30%. But all the extinction forecasts led the alarmist to demand 40% so the 37.5% was a compromise that was substantially above the level German expected.
— Read on www.armstrongeconomics.com/world-news/climate/eu-demand-a-37-5-reduction-in-co2-output-from-cars-by-2030/

Wait until the working class and people on fixed incomes get hit in the pocketbook with this new reality. Cars and trucks will cost more. It will cost more to charge your electric vehicles and heat and cool their homes. Prices on everything else will rise in accordance, except wages.