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  • W 09.03 Time 18.00

    The Forecaster

    Prognoosija |

    Director: Marcus Vetter, Karin Steinberger

    Country: Germany

    Year: 2014

    Length: 94'

    Language: In English

    Introduction by Teet Parring.

    Can a computer model predict the world economy? Martin Armstrong, once a US-based trillion-dollar financial advisor, developed a computer model based on the number pi and other cyclical theories to predict economic turning points with incredible precision.

    In the early 80s he established his financial forecasting and advising company Princeton Economics. His forecasts were in great demand worldwide. As Armstrong's recognition grew, prominent New York bankers invited him to join “the club” and aid them in market manipulation. Martin repeatedly refused. Later that same year (1999) the FBI stormed his offices, confiscating his computer model and accusing him of a three-billion-dollar Ponzi scheme. Was it an attempt to silence him and to prevent him from initiating a public discourse on the real Ponzi Scheme of debts that the world had been building up for decades?

    Armstrong predicts that a sovereign debt crisis will start to unfold on a global level after 1 October 2015: a major pi turning point that his computer model forecast many years ago.