George Carlin vs Muhammad Ali
The post George Carlin vs Muhammad Ali first appeared on Armstrong Economics.
QUESTION: Mr. Armstrong; I attended your May 1999 seminar in London. I am the person who asked you when would Britain exit the EU. You said not before 2016. Can you elaborate on how you could have possibly foreseen this event coming in June? You have won my full attention. By the way, this is now all anyone talks about in London. Exiting the EU which is overrun with Islamic terrorists.
Cheers
BCM
ANSWER: Well, it is fascinating how the fundamentals fit the forecast. They are not trying to forecast the fundamentals. I believe it is like good news in a stock in a bear market. It still declines and the excuse is that it was not good enough. Fundamentals are interpreted by the mood of the trend. It is wrong to assume you need to forecast the fundamentals to get the trend. It is all about the mood and how the public receives it.
Britain entered the EU in 1973. Half the 8.6-year cycle is 4.3. It was lining up with our forecast back then that 2016 would be the first shot at a potential third-party emerging or an anti-establishment trend. That forecast gained perhaps the most attention since we warned that Ross Perot 2.0 would be coming in 2016. Again, nobody could predict that it would be Donald Trump. Donald Trump is not really the issue as it could have been anyone. It is the timing that makes such a message resonate with the population.
Additionally, if you add 86 years to 1973, you will see that there was no possible way Europe could have lasted that long until 2059. That will probably be a major political turn for Britain, once again. However, it is hard to say what will unfold from this distance in time. I would suspect that it will be some sort of reorganization of Europe that could be the redrawing of borders and dramatic changes in politics that could even threaten the royalty.
Therefore, adding 43 years to 1973 brings us to 2016. Britain’s exit simply lined up with everything and was part of the “Big Bang” we forecast to start 2015.75. Everything was lining up to start with 2015.75 from the 17.2 years post-launch of the euro to the start of the War Cycle. Here is the slide from the 1998 world conference tour.
