http://www.armstrongeconomics.com/archives/37285(본문 링크)Believing in Nonsense터무니 없는 소리를 믿다.QUESTION:How can you refute all the evidence that there is global warming and climate change caused by man?질문:당신은 어떻게 인간에 의한 지구온난화와 기후변화의 모든 증거들을 반박할 수 있습니까?ANSWER: First, you should not be reading this blog for you obviously believe in government propaganda no matter what the field has put out by the academic community. Global warming is on par with Marxism and thinking that handing all power togovernmentwill prevent recessions.답변: 첫째, 그 분야의 학계에 의해 어떤 것이 제시되더라도 당신이 정부의 선전선동을 곧이곧대로 믿겠다면 당신은 이 블로그를 읽지 말아야 할 것입니다.Even in economics, I was told to be a good boy and put out studies with predetermined conclusions. If I complied, I would make millions per year for every bill passe..

http://www.armstrongeconomics.com/archives/37256(본문 링크)Yellen Is Trapped in the Worst Nightmare Ever옐런은 전에 없던 최악의 악몽의 덫에 걸렸다.Yellen has inherited a complete nightmare.Thursday’s decision to delay yet again the long-awaited liftoff from zero interest rates is illustrating that the world economy is totally screwed. There is a lot of speculation about why the Fed seems so reluctant to“normalize monetary policy”. There are of course the typical domestic issues that there islow inflation, weak wage gains in the face of strong job growth, a hike will increase the Federal deficit and then there is the argument that corporations that now have $12.5 trillion in debt. All that is nice, but with corporate debt, our clients are locking in long-term at these levels, not funding anything short-term. Those clients who have listened are preparing for what is to come unlike government which has been forced to shorten the average duration of their debt..

http://www.armstrongeconomics.com/archives/37216(원문 링크)In the Middle East, the banks are trying to convincethe Gulf Statesto begin issuing debt even if there is no need to borrow, simply so they have a market to trade. Governments should never listen to bankers for this always becomes a conflict of interest with respect to national debts. The sooner government wakes up to the Sovereign Debt Crisis, the soon their particular country will be saved.중동에서는, 만약 빚을 질 필요가 없다고 하더라도 은행들이 걸프 국가들을 설득해서 채권을 발행하자는 설득을 시도하고 있다.단순히 그렇게 함으로써 그들은 거래할 시장을 갖는다.정부들은 언제나 국가부채의 이자와 관계있는 충돌을 야기하는 이러한 은행가들의 말에 귀를 기울이지 말아야할 것이다.정부가 더 빨리 이러한 국가부채 위기에 대해 깨달을 수록, 그들 각각의 나라는 빨리 구원받을 것이다...

http://www.armstrongeconomics.com/archives/37240(원문링크)Fed Makes Same Mistake as it did in 1927연준은 1927년에 그랬던 것과 똑같은 실수를 저지른다.The Federal Reserve yielded to international pressure making the very same mistake that itmade during 1927. Back then, there was a secret meeting and the Fed agreed to lower US rates to try to help Europe and thereby deflect capital inflows back to Europe. The exact opposite unfolded in the aftermath and even more money abandoned Europe and flowed directly into the US share market.연준은 국제적 압력에 굴복했음으로써 1927년에 했던 것과 똑같은 실수를 하고있다.그때로 돌아가서, 비밀회합이 있었고 연준은 유럽과 이에 유럽으로의 자본유입을 도로 편향시키는 것을 돕기 위해 미국 금리를 낮추는데 동의했다. 그 여파는 정확히 반대로 전개되었고, 심지어 더 많은 돈이 유럽을 포기하고 미국의 주식시장으로 직..

http://www.armstrongeconomics.com/archives/29126(기사링크)The 2007.15 Peak in the ECM set in motion a profound sea-change within the economy on many levels. It was the beginning of the decline in economic power of the West and the shift in economic power to the East. Liquidity has failed to return and every office building I drive by even today has a sign out space for rent. Government has been systematically destroying business by their greed for taxes. You have the people blaming fractional banking as the cause of everything that they might as well add into their conspiracy Global Warming and then we have those who hate corporations and claim they don’t pay enough in taxes when they pay corporate income tax, a dividend tax to pay out, and then the shareholder has to pay tax a third time on the same money received as a dividend. On top of all this, we have the socialists who want to hand all power to government as if they are actually honest blokes.2007.15의 정점은많은 ..

http://www.armstrongeconomics.com/archives/29147(원문링크)Bank Portfolios Reflect Bubble for 2015.75은행의 포트폴리오는 2015.75년을 향한 거품을 반영한다.For the first time since 2008, banks are rushing into government Treasuries(PUBLIC)holdings faster than corporate/consumer loans(PRIVATE). Bank portfolio holdings have been a key component in monitoring the shifts betweenPUBLICandPRIVATE CONFIDENCE.These shifts from government securities to private holdings within bank portfolios is an important leading indicator of the rise and fall inCONFIDENCE. Normally, this will flip to government (PUBLIC)when we have a recession andPRIVATEwill be on the rise into the peak of the economy. We can see this traditional relationship with the major decline into the bottom of the ECM in 2011.2008년 이후 처음으로, 은행들은 기업/소비자 대출(개인) 보다는정부의 재무성(공공의)채권을 보유하려고 달려들고있다. 은행 포트폴리오의 보..

뚜렷이 보이는 것만 빨간 색으로 표시했습니다.시간이 지나면 구름처럼 흩어집니다. (회색빛을 띠면서)이 사진을 찍고 나서 저는 한 가지 깨달은 게 있습니다.1. 구름 한점 없이 맑은 날은 캠트레일이 없다.이건 아주 중요한 사실입니다.요 몇일 날씨가 아주 좋았습니다.저는 하늘을 올려다 보았지만 이상하게도 캠트레일이 없었습니다.그래서'이상하다.... 진짜 불시착 하려고 연료를 비웠었나?' 하고 생각을 했죠.하지만 월요일 이 사진을 찍고나서 진정한 캠트레일의 용도가 추측되었습니다.김진팔 가설:캠트레일은 구름을 없애려는 것이다.인공강우 아시죠?구름에 드라이아이스 같은 것을 뿌려서 비를 내리게 하는 거요.일종의 인공강우 원리로 구름을 없애려는 것 아닐까요?만일 구름을 없애기 위한 것이 맞다면 또 두 가지 가설이 생깁니다.가설1) 항..

http://www.armstrongeconomics.com/archives/36871(원문 링크)Changes on September 30/October 1, 2015 – 2015.759월 30/10월1일-2015.75 에 일어나는 변화들It is very interesting to see that we have a lot of things emerging for our turning point on September 30/October 1 (2015.75).우리의 전환점인 9월30일에서 10월 1일(2015.75) 사이에 일어나고 있는 많은 일들을 보는 것은 흥미롭다.This is the day the funding of the Federal government stops and many are speculating that the government will shut its doors thanks to the conservatives in the Republican Party.이 날은 연방정부의 자금조달이 끝나는 날이고, 많은 사람들이공화당에 있는 보수주의자들 덕분에정부가그 문들을 닫을 것이라고 추측하는 날이다.Given the fact that the debate will also involve Planned Parenthood and abortion, we may see this religious aspect create the real resistance to raise the debt ceiling.그 토론이 또한 가족계..