Muslim Brotherhood deputy leader Dr Rashad Bayoumi started off 2012 with a belligerent interview published in the Arabic daily al-Hayat, in which he insisted that his organization will not recognize Israel “under any circumstance.” Bayoumi added that “we do not recognize Israel at all. [Israel is] an occupying criminal enemy.”Sponsored Ads
Bayoumi’s declaration came less than a week after the Muslim Brotherhood, which gave birth to Hamas, hosted Hamas’s Gaza leader Ismail Haniyeh with a warm welcome at the Muslim Brotherhood’s Cairo area headquarters. This was Haniyeh’s first trip outside of Gaza since Hamas took over Gaza by force in 2007. He milked every ounce of anti-Israel propaganda that he could from the visit. As quoted by Egypt’s state news agency MENA, Haniyeh declared:
Leaders that bring about devastation always broadcast their moves ahead of time. You just have to believe them. I think Europe has something to be worried about in the next 10 to 20 years.
“[Iranian President Mahmoud Ahmadinejad’s government] will use the nuclear bomb against Israel, they will use it against Persian Gulf countries, and they will use it against Europe to bring about that last hadith (Islamic commentaries on sayings and activities of Mohammed and his companions) that calls for total chaos, lawlessness, and havoc in the world, which creates the circumstance for Imam Mahdi (the Islamic messianic figure) to appear.”
Once again, Russia today finds itself beset by depopulation: that is, by an absolute decline in total numbers. Such a circumstance, unfortunately, is not exactly new for Russia. This current national population drop, in fact, is the fourth such episode witnessed in Russia over the past century.
Between 1917 and 1923, population within Russia’s present borders may have fallen by 2 million; then, between 1933 and 1934, Russia’s population dropped again by another 2 million; and then again, between 1941 and 1946, the country’s population plummeted once more, this time by a gruesome 13 million. Those first three depopulations, of course, were a consequence of the Bolshevik Revolution and founding of the Soviet state, Stalin’s war against the kulaks, and World War II, respectively.
The current depopulation, which commenced in 1992 and is still ongoing, differs from Russia’s earlier population declines in that it was precipitated by a largely bloodless event (the collapse of the Soviet Union). But the current depopulation has also been underway far longer than any previous population drop in Russian memory. It is not clear how this one is to be arrested or reversed. What is all too clear, however, are the adverse and very real consequences–humanitarian, social, and economic–of Russia’s new demographic patterns.
A Path-Dependent World
Path dependence explains how the set of decisions one faces for any given circumstance is limited by the decisions one has made in the past, even though past circumstances may no longer be relevant. In essence, history matters.
With regard to the future, the choices we make determine the paths we will take. As I have been writing for a long time, we have made a series of bad choices, often the easy choices, all over the developed world. We are now entering an era in which our choices are being limited by the nature of the markets. Not only are we in a path-dependent world, but the number of paths from which we may choose are becoming fewer with each passing year.
Our economic future is more and more a product of the political choices we make, and those are increasingly difficult. We have no good choices. We are left with choosing the best of bad options. Some countries, like Greece, are now down to choices that are either dire or disastrous. There is no “easy” button.
Let’s look at how Greece came to its current rather dismal predicament. And we will look at why it may be even worse than many pundits think.
Martin Armstrong is once again making waves and becoming a topic of conversation from behind bars. There is much written about his circumstance and his past research. If you are not familiar with his work then it will be worth your time to at least become familiar with his wave theory. Here is a link to his basic Economic Confidence Model The Business Cycle And the Future .
Here’s a link to the article describing why he is in jail for contempt of court: The New York Times, and here’s the article describing his additional 5 year term: The Wall Street Journal. I am NOT defending him, nor do I know or will I speculate on his activities that put him behind bars, I am mearly providing links to the information so that you can decide for yourself.
Here is a link to his article in .pdf form that he typed while in prison last year. In it he rants and raves a little but he provides some very valuable insights into wave theory, he is way ahead of many others in his understanding, I believe. Is it actionable? Not in the short term, but in the long term I believe his understanding is way better than most. This is a long read, but makes a good skim: It’s Just Time. The article below is a good summary of his pertinent thoughts but does not go very deeply into his wave theory.
Most people would consider him to be a little on the “flaky” side. I however do not in any way place him in the “tinfoil” category. He is a creative and outside the box thinker – that does not mean that he is not correct. And, in fact, he has been much more correct than most of the people who ordinary citizens would label “professional.” Now, his timing may not be perfect and he may be a lousy trader and record keeper, but his insights into wave theory should not be ignored. Neither should his insights into the fundamentals of debt or the mechanics of the markets. This is a far better and more accurate article than 95% of the B.S. that comes across my screen.
In the area of advanced multirole fighters alone, the People’s Republic of China imported 100 Su-30MKK/MK2s over the past eight years, whereas Taiwan did not purchase any new combat aircraft. Nor did it procure any surface warships or submarines, except for one retired Keelung Class DDG from the United States. Taiwan virtually wasted the whole of eight years in its military development.
Under this circumstance, quite a number of U.S. and Japanese military strategists find it hard to understand the statement by Taiwan’s new president, Ma Ying-jeou, that there would be “no arms race” with China.