The Secret Cycle
October 9th, 2009Reader AD sent in an excellent New Yorker piece that will be of great interest to anyone who dabbles in financial woowoo arts and crafts. While the focus is on conman/genius? Martin Armstrong, there’s something here for most Cryptogon readers.
I thoroughly enjoyed this.
The Secret Cycle: Is the financier Martin Armstrong a con man, a crank, or a genius?
by Nick Paumgarten
New Yorker
10/12/2009
Related: How Nonsense Sharpens the Intellect
Posted in Economy | Top Of Page
If you look for a pattern hard enough, you will find it. The pattern I like to look for is that of a relative handful of intelligent, ruthless, well-organized individuals working in tandem through fictional entities like governments and corporations to exploit the guilelessness, stupidity, and greed of the herd.
That’s where this piece falls predictably short; it neglects this time-honored pattern of cyclical shearing, harvesting or reaping, although it occasionally drops a few hints in that direction.