1 Like
The “system” being designed includes more than monitoring and controlling financial transactions, all movements are to be monitored. We are approaching for the first time in current human history where the technology to have absolute control and power over others by a few has been developed and is being implemented.
2 Likes
You are correct that an individual’s authority based on reputation is not a gauge of right or wrong.
Expertise can not be quantified along the lines of what society calls an expert.
Your butcher might know more about markets than the guy charging you a $1000 per month for intel.
However track record is an important barometer of expertise.
So while his concerns are ALL our concerns unless you’ve been sleeping under a rock
You’d better hope that if you’re actually going to engage his soft advice, NOBODY ever gives financial advice. You find the right time to follow. Because being right at the wrong time will wipe you out.
Armstrong has gold collapsing into 2027. I called the rally two months back.
One will be right. One will be wrong. Choose wisely!! And yet both describing the same degree of control.
So the control mechanisms and the seculeum are both the same.
What happened to the stock market during Weimar when control mechanisms were at max and inflation was rampant?
In basic class of reasoning, an assertion or postulate can’t be validated and is considered faulty unless it is congruent with something. Our entire system of reasoning is based on this.
Remove this and we wipe out a couple of thousand years of history and evolution of mankind.
1 Like
While all the above is true, nobody is 100% right, except those who planned it and executed that plan perfectly.
The one he has about the U.S. purchase of Japanese Yen IS right. In fact, I’m with Dr. Willie, in his short, 2-minute, wild speculation; which does not seem so wild when you consider the stakes. It’s about as close to 100% as it gets, IMO.
From start to min.1:55:
And here Jiang is again with some pretty good “guessing”.
1 Like
No respect for the art of forecasting and the skillsets required. Jim Willie is a legend. Besides the material facts that weren’t checked in the video, here is a list that should be helpful for those interested in doing a deep dive and why so few make guesses about the future correct.
Like Scott Adams says. Anybody can say anything from the facts. Present this stuff infront of a board of directors. it’s not going to turn out well.
There is plenty of information on jim willie if you want to do a background check. I know Jim Willie for many years. not personally.
Forecasting is hard stuff. 90% of the population will never ever predict anything.
The Good Judgment Project
Tetlock co-led the Good Judgment Project, a large-scale, government-funded forecasting tournament. Thousands of volunteers, including ordinary citizens without access to classified information, competed to predict geopolitical events. A subset of these participants, called superforecasters, consistently outperformed professional intelligence analysts by 30%, demonstrating exceptional skill in updating beliefs based on new evidence and thinking probabilistically (Ideasthesia)
Characteristics of Superforecasters
Superforecasters share several key traits and practices:
- Probabilistic thinking: They assign numerical probabilities to outcomes rather than vague terms like “likely” or “possible.”
- Constant updating: They revise predictions as new information emerges, avoiding the bias of sticking to initial judgments.
- Analytical decomposition: They break complex problems into smaller, tractable sub-problems to better understand uncertainties.
- Open-mindedness: They consider multiple perspectives and are comfortable with complexity and ambiguity.
- Accountability and feedback: They track their predictions and learn from successes and errors (Amazon; Good Judgment)
Not interested in background check at this time. I’ve been working this all for 16 years and in this instance, regardless of who he is, I’m leaning toward his wild speculation that US will dump Europe, putting them at the mercy, or lack thereof, of the Russians, while US caters to Japan and much of the rest of Asia. Porting off US West Coast and HI will be primed for it. AI set-up just inside SF Bay at Pier 31.
Our world models differ. I am aware of his calls for almost 20 years and his legal and extreme financial difficulties. He has been calling for economic collapse for as long as I’ve been aware of his work. Eventually, one of his calls will be right. That’s not opinion. It’s the record.
As far as the model that men control destiny and circumstances. Tolstoy understood this not to be true. Steinbeck did too. “The best laid plans of mice and men often go awry.” Seneca, Shakespeare, and Berle goes into quite a bit of detail.
“Everything is determined, the beginning as well as the end, by forces over which we have no control. It is determined for the insect as well as for the star. Human beings, vegetables, or cosmic dust, we all dance to a mysterious tune, intoned in the distance by an invisible piper.” Einstein
That’s why they are politicians, banksters, and war planners. They seek control thru power. Every prediction is based on their intentions. Absent that, they have no forecast models.
Maybe the greatest modern book on Power, Natural law and Consequences. Hitler and Alexander the Great had power for a time, but they had no control over destiny. As both men froze their own armies to death.
“Power exists. At any given minute, any given man may be completely in its grip. Or, for that matter, kingdoms or continents. When I say you take it too seriously, I mean you assume its lasting effects can be willed by the holder. This is illusion.”
"I say power controls immediate events - but forces other than power determine their results.
It’s out of print but used copies are available as well as online pdfs and cliff notes.
I’m not even dealing with that right now. Perhaps someone else can fill in.