muses of the moment

July 18, 2014

Rereading Martin

Filed under: European Debt Implosion, Martin Armstrong, Odds 'n ends, The Financial Crisis — Tags: — totallygroovygirlfriday @ 1:06 am

Groovygirl was rereading some old articles from Martin Armstrong. The ones on the typewriter. Of course, gg often reviews the Real Estate Cycle one. Seems we are still right on schedule for the long decline in US real estate into 2033 after 2015.

gg was also reading March 21, 2013’s post entitled March 22nd-Just Amazing. I think you can find it on his site.

Martin refers to August 3, 2014 as a turning point for the Sovereign Debt Crisis Wave Formation. She is keeping an eye on that date.

And, of course, with today’s international events, it seems we are on track for a rise in the war cycle going 2014-2016. Maybe impact the global debt issue as well. The more global economic sanctions, the less global capital moves, the less global debt/credit available.

Hope everyone is well.

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2 Comments »

  1. hi gg

    i actually wrote to Martin about that Real estate article in which he beautifully called the bounce in 2012 into 2015 then the sell off resumption. In the email i questioned whether he stood by the 2015 onward big sell off call he made. Interestingly it seems he has toned it down to just prices will be flat/go no where, but sadly didnt get a reason for his revised call. Maybe you may have more luck asking him. I think its important given how everyone seems to watch that asset class to carefully given the damage last time round. Mind asking him?

    On Fri, Jul 18, 2014 at 6:36 AM, muses of the moment wrote:

    > totallygroovygirlfriday posted: “Groovygirl was rereading some old > articles from Martin Armstrong. The ones on the typewriter. Of course, gg > often reviews the Real Estate Cycle one. Seems we are still right on > schedule for the long decline in US real estate into 2033 after 2015. gg > wa”

    Comment by Latham Cap — July 18, 2014 @ 5:04 am

  2. I’ll ask, but may get the same reaction. A decline into 2033 could look like a slow stagnate decline. It could look like a quick drop off in 2030. No one knows. But the long term trend, even without Martin’s cycle is clear. Less available debt for buying houses, flat or declining wages, increase in debt burden/taxes, shift in demographics, all point to some sort of decline in housing. High end housing will always have cash buyers in good locations. But lower and middle housing, may struggle over all. It also depends on the area. One neighborhood can hold its value, while another one declines. I also think government intervention/economic crisis will impact the decline curve.

    gg

    Comment by totallygroovygirlfriday — July 18, 2014 @ 10:27 am


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