One example if in the Russian social media and the blogosphere. Today, a reader posted a link to a Russian video (thanks!) which I want to post here and I will add a video I saw earlier.
I don’t know anything about Martin Armstrong’s model. It is evidently an investment timing model based cycles he has figured out over time. His cycles seem to be in sync with the Fourth Turning cycle. The Fourth Turning regeneration moment has yet to occur. Armstrong’s model predicts a major crash sometime around September 2015 which will begin a dangerous phase that will begin the violent portion of this Fourth Turning. Nothing gets resolved until the 2020’s. Humans never change. The human life cycle never changes. Human faults and strengths never change. The human need to be part of the herd never changes. The fact that the herd is always wrong is always ignored by the majority until it is too late. Humans never learn.
“That men do not learn very much from the lessons of history is the most important of all the lessons that history has to teach.” – Aldous Huxley
Guest Post by Martin Armstrong
We all have our individual cycles of life. As we grow older we hopefully learn from our mistakes. We will buy the high as we get caught up and see the herd is all buying and that creates confidence to rush in and buy the high. If you are smart, you will then realize that the herd is always wrong. With experience, you will become the person who sells the high when the others rush in to buy the top. We are hard-wired to also act as a herd and some of us will never learn, which is the majority. In 1968, the social psychologists Stanley Milgram, Leonard Bickman, and Lawrence Berkowitz decided to test the herd instinct in humans and put a single person on a street corner and had him look up at an empty sky for sixty seconds. A tiny fraction of the passing pedestrians stopped to see what the guy was looking at, but most just walked past. Next time around, the psychologists put five skyward-looking men on the corner. This time, four times as many people stopped to gaze at the empty sky. When the psychologists put fifteen men on the corner, 45 percent of all passers by stopped, and increasing the cohort of observers yet again made more than 80 per cent of pedestrians tilt their heads and look up.