Perma bear fear mongering con man.
Martin Arthur Armstrong (born November 1, 1949) is an American self-taught[1] 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.[1]
It takes a crook to catch a crook.
Martin Arthur Armstrong (born November 1, 1949) is an American self-taught[1] 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.
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I don’t know a lot about him, or the case against him.
Although, I do know that he served 7 years for contempt of court, the longest serving contempt charge in federal history.
He then entered into a plea deal on a single charge of fraud, that was supposed to get him out of jail with time served. However, when he went to court, the judge wouldn’t allow time served, and he spent 5 more years in jail.
I don’t know if he was guilty or not, and I don’t even care enough to look up all the details. However, it’s definitely possible the government railroaded him, just like he has always claimed.