ECON How close is China to collapse?

inskanoot

Veteran Member
I’m about 45 minutes into this Rumble video With Martin Armstrong. Tons of general and specific discussion. Too nutrient dense for a brief summary.

He commented that republics are way more corrupt than other forms of govt because everyone is for sale. He said that individuals learn from their mistakes, but societies don’t. He said that they have another plandemic in the works, and that Trump will get elected (as in 2020). Socrates says that it’s not looking like there will be a 2028 election. In May, a four year recession will start. The U.S. is 4 different countries now. There will be a civil war, north vs south vs west vs northeast (?).

This far in, he hasn’t discussed China, but I think that Socrates has predicted the ascension of China in the coming years.


rt: 1:42:34
 
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Johnny Twoguns

Senior Member
I’m about 45 minutes into this Rumble video With Martin Armstrong. Tons of general and specific discussion. Too nutrient dense for a brief summary.

He commented that republics are way more corrupt than other forms of govt because everyone is for sale. He said that individuals learn from their mistakes, but societies don’t. He said that they have another plandemic in the works, and that Trump will get elected (as in 2020). Socrates says that it’s not looking like there will be a 2028 election. In May, a four year recession will start. The U.S. is 4 different countries now. There will be a civil war, north vs south vs west vs northeast (?).

This far in, he hasn’t discussed China, but I think that Socrates has predicted the ascension of China in the coming years.


rt: 1:42:34
I listen to him quite a bit. I think he has a skewered view of Republics. Eventually they all fall, every civilization/empire falls. WHY is he in favor of pure mob vote rule? It was the corrupt lessons of pure Demos in Greece that showed the Romans how easily the mob is swayed by a great talker and yesterday's great orator is on the chopping block today. Ditto for the early communism of the French Revolution, or communist totalitarian rule in the last 100 years.

Republics can function quite well for hundreds of years. It was the folly of letting one small group make money out of thin air over the last 70 years that has led to our demise (unlimited creation of money allowed the unlimited buying of people and companies), not a Republic under Law.

As for the rest, he's right, it's looking dismal.
 
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