muses of the moment

July 28, 2011

Latest Letter from Martin Armstrong July 27, 2011

Filed under: Economic Crisis, Martin Armstrong, Odds 'n ends — Tags: — totallygroovygirlfriday @ 8:38 am

Click here for Martin Armstrong’s latest letter dated July 27, 2011, entitled Lack of Formal Education Part 2 (10 pages). Apparently his last letter regarding the lack of¬† education in FOREX and world economics hit a nerve.

Very interesting read. Especially his testimony (last part) before Congress in the 1990’s. Although, he states that not all his solutions for the situation in the 90’s would work now (since we are much further down the debt road), it is very interesting that his warnings have all come true today.

Understanding capital flows is the key to policy. This letter is a clear contradiction to what is being taught in our financial schools and what is being understood by US policy makers.

We are doomed.

1 Comment »

  1. GG,

    Martin’s latest report (7/28/11) is posted at:

    Click to access armstrongeconomics-restructuring-the-world-072811.pdf

    -Lemming

    Comment by Lemming — July 29, 2011 @ 9:15 am


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