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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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Nov 11 4:00 PM EST

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To: TobagoJack who wrote (73755)	5/1/2011 1:16:23 PM
From: bull_dozer	2 Recommendations Read Replies (1) of 217693

Passing the torch to Asia By Martin A. Armstrong Indeed, we are passing the torch from the West to Asia because that is part of the nature of all things. The Financial Capital Of The World and the World’s Largest Economy are two titles that have often been shared, yet are never fixed. Perhaps at first you might respond thinking China or Japan may have held that title. Yet, to your surprise, India once also held this title around 1000AD. Today, India is one of the fastest growing regions and Asia is evolving independent of Europe and America. This is why the British were so interested in India. In my upcoming book soon to be published before year end, with the tentative title – In The Blink of an Eye – while the central theme has to do with the rise and fall of empires, nations, and city states and how that has happened over the centuries, implicit within that study is the tracking of the financial economy and capital of the world through its migration process with real world management solutions. My work in this area was inspired by Adam Smith’s Chapter III or Book V of Wealth of Nations, Of Public Debt. In this chapter, Smith effectively asks: why people consider government debt quality, when no nation has ever paid off its debt? ... ... Donald Trump should stick to real estate and leave international economics to someone with experience. His comments are already misleading blaming China for taking American industry. He fails to see that this is a historical process that is inevitable because of US mismanagement and this is now China’s turn. The United States has lost virtually every aspect of what was once its competitive edge. The corruption in the financial industry and the refusal of the regulators to actually regulate New York while charging anyone else for the same conduct the bankers have been doing for quite some time, illustrates how America is losing all trust in this industry as well. martinarmstrong.org

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