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Martin A. Armstrong
Martin Arthur Armstrong (born November 1, 1949) is an American self-taught economic forecaster and convicted felon who spent 11 years in jail for cheating investors out of $700 million and hiding $15 million in assets from regulators. Career At age thirteen, Armstrong began working at a coin and stamp dealership in Pennsauken, New Jersey. At age fifteen he bought a bag of rare Canadian pennies that for a brief period would have made him a millionaire, had he sold them before they crashed in value. After becoming the manager of his employer's store at the age of twenty-one, he and a partner opened a store for coin and stamp collectors. Armstrong progressed from investments in gold coins to following commodity prices for precious metals. In 1973, he began publishing commodities market predictions as a hobby. As his coin and stamp business declined, Armstrong spent more time on his commodities ventures, launching a paid newsletter in 1983. Armstrong has since traded under vario ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Jersey
New Jersey is a U.S. state, state in the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. It is bordered on the north and east by the state of New York (state), New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware River and Pennsylvania; and on the southwest by Delaware Bay and the state of Delaware. At , New Jersey is the List of U.S. states and territories by area, fifth-smallest state in land area; but with close to 9.3 million residents, it ranks List of U.S. states and territories by population, 11th in population and List of U.S. states and territories by population density, first in population density. The state capital is Trenton, New Jersey, Trenton, and the most populous city is Newark, New Jersey, Newark. With the exception of Warren County, New Jersey, Warren County, all of the state's 21 counties lie within the combined statistical areas of New York City or Delaw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Toast Of New York
''The Toast of New York'' is a 1937 American biopic directed by Rowland V. Lee and starring Edward Arnold, Cary Grant, Frances Farmer, and Jack Oakie. The film is a fictionalized account of the lives of financiers James Fisk and Edward S. Stokes. The screenplay was based on the book ''The Book of Daniel Drew'' by Bouck White and the story "Robber Barons" by Matthew Josephson. Plot In post-Civil War America, unscrupulous, ambitious partners Jim Fisk (Arnold) and Nick Boyd (Grant) talk tight-fisted businessman Daniel Drew (Donald Meek) into selling them his shipping company, paying with worthless Confederate bonds. Later, worried that his longtime rival, Cornelius Vanderbilt (Clarence Kolb), is trying to take control of his railroad, Drew seeks help from Fisk, only to have him turn the situation to his own advantage. Fisk and Boyd eventually become powers to be reckoned with on Wall Street. Meanwhile, both men fall in love with entertainer Josie Mansfield (Farmer). Mansfield ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russia
Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across eleven time zones and shares land boundaries with fourteen countries, more than any other country but China. It is the world's ninth-most populous country and Europe's most populous country, with a population of 146 million people. The country's capital and largest city is Moscow, the largest city entirely within Europe. Saint Petersburg is Russia's cultural centre and second-largest city. Other major urban areas include Novosibirsk, Yekaterinburg, Nizhny Novgorod, and Kazan. The East Slavs emerged as a recognisable group in Europe between the 3rd and 8th centuries CE. Kievan Rus' arose as a state in the 9th century, and in 988, it adopted Orthodox Christianity from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million ( US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a "Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Cycle
Business cycles are intervals of expansion followed by recession in economic activity. These changes have implications for the welfare of the broad population as well as for private institutions. Typically business cycles are measured by examining trends in a broad economic indicator such as Real Gross Domestic Production. Business cycle fluctuations are usually characterized by general upswings and downturns in a span of macroeconomic variables. The individual episodes of expansion/recession occur with changing duration and intensity over time. Typically their periodicity has a wide range from around 2 to 10 years (the technical phrase "stochastic cycle" is often used in statistics to describe this kind of process.) As in arvey, Trimbur, and van Dijk, 2007, ''Journal of Econometrics'' such flexible knowledge about the frequency of business cycles can actually be included in their mathematical study, using a Bayesian statistical paradigm. There are numerous sources of busines ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Princeton University
Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. It is one of the highest-ranked universities in the world. The institution moved to Newark in 1747, and then to the current site nine years later. It officially became a university in 1896 and was subsequently renamed Princeton University. It is a member of the Ivy League. The university is governed by the Trustees of Princeton University and has an endowment of $37.7 billion, the largest endowment per student in the United States. Princeton provides undergraduate and graduate instruction in the humanities, social sciences, natural sciences, and engineering to approximately 8,500 students on its main campus. It offers postgraduate degrees through the Princeton Schoo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Academic Audit
In academia, an audit is an educational term for the completion of a course of study for which no assessment of the performance of the student is made nor grade awarded.flinders.edu.au Retrieved on 8 March 2010. Some institutions may record a grade of "audit" to those who have elected not to receive a letter grade for a course in which they are typically awarded. In this case, 'audit' indicates that the individual merely has received teaching, rather than being evaluated as having achieved a given standard of knowledge of the subject. The term 'audit' is Latin, translating as, 'he/she hears'. In other words, the audit student has experienced the course, but has not been assessed. Some students audit a class merely for enjoyment, including purposes of self-enrichment and academi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous megacities, and over 58 million people live within of the city. New York City is a global cultural, financial, entertainment, and media center with a significant influence on commerce, health care and life sciences, research, technology, educa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TCI College Of Technology
Technical Career Institutes, also known as TCI College, was a private, for-profit college in New York City that offered two year associate degrees and certificates for education in technology, business, engineering, healthcare and other career paths. It was dually accredited from the New York State Board of Regents and by the Middle States Commission on Higher Education. TCI's curricula offered training at the associate degree level taught by more than 190 faculty. History The school was founded in 1909 by Guglielmo Marconi as the ''Marconi Institute''. By 1919 the school changed its name to ''RCA Institutes'' and then in 1974 it became ''Technical Career Institutes''. In 2009–2010 TCI had a 24% graduation rate and a 34.9% loan default rate, earning it the title from USA Today news as a "red flag school". It is not uncommon -profit colleges to have high rates of student loan default, which prompted a New York City Department of Consumer Affairs investigation in 2015. On Dec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Street Crash Of 1929
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The " Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lawyer
A lawyer is a person who practices law. The role of a lawyer varies greatly across different legal jurisdictions. A lawyer can be classified as an advocate, attorney, barrister, canon lawyer, civil law notary, counsel, counselor, solicitor, legal executive, or public servant — with each role having different functions and privileges. Working as a lawyer generally involves the practical application of abstract legal theories and knowledge to solve specific problems. Some lawyers also work primarily in advancing the interests of the law and legal profession. Terminology Different legal jurisdictions have different requirements in the determination of who is recognized as being a lawyer. As a result, the meaning of the term "lawyer" may vary from place to place. Some jurisdictions have two types of lawyers, barrister and solicitors, while others fuse the two. A barrister (also known as an advocate or counselor in some jurisdictions) is a lawyer who typically special ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Philosophy
An economic ideology is a set of views forming the basis of an ideology on how the economy should run. It differentiates itself from economic theory in being normative rather than just explanatory in its approach, whereas the aim of economic theories is to create accurate explanatory models to describe how an economy currently functions. However, the two are closely interrelated, as underlying economic ideology influences the methodology and theory employed in analysis. The diverse ideology and methodology of the 74 Nobel laureates in economics speaks to such interrelation. A good way of discerning whether an ideology can be classified an economic ideology is to ask if it inherently takes a specific and detailed economic standpoint. Furthermore, economic ideology is distinct from an economic system that it supports, such as capitalism, to the extent that explaining an economic system ( positive economics) is distinct from advocating it ( normative economics). The theory of ec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
