Martin Armstrong warns about broken governments in his recent interview.

“We’re in a situation where the budget deficits are just blowing out, and it is going to get much worse. And so, what’s happening is that instead of dealing with the issues the government is going to be much more aggressive to tax people, chase them down, and put them in prison. All kinds of crazy stuff. This new act that came on December 19th—effectively they are telling any foreign corporation that they must report any activity with an American overseas. And what they’re going to do to them is what they did to UBS. If they don’t comply, they will confiscate all their assets here.

“We’re in a situation where the budget deficits are just blowing out”

MARTIN ARMSTRONG

So, honestly, from an international perspective, the best advice I could tell people is to get out. If you’re going to do business in the US, use an agent. Get your branches out of this country. It’s going to get far worse”. warned Martin Armstrong. 

Martin Armstrong warns about broken governments that can lead to the systemic crisis including, the wealth grab

“This is exactly how Rome collapsed. There was a Roman Emperor, Maximinus in 238 [AD], he simply declared all wealth in the Roman Empire to be his. That’s it. And, what happened, is that, and what you’re going to see over the next few years, as you attack the rich, as the Romans did, what happens is that somebody now hoards their money. They no longer invest it, they hide it, and they don’t keep it in banks. And consequently, that reduces the velocity of money. And as it reduces the velocity that is what creates the economic decline. So that interest rates, even during the Great Depression, fell to 1%, nobody would borrow because they didn’t see an opportunity to make money. And every possible mistake that every government has made before us, we are following step by step” he said.

“This is exactly how Rome collapsed. There was a Roman Emperor, Maximinus in 238 [AD], he simply declared all wealth in the Roman Empire to be his”

MARTIN ARMSTRONG

High conviction rates is another string to Martin Armstrong warns about broken governments view

“We have a conviction rate in this country that is 10% higher than Adolph Hitler. I mean that’s alarming. The only person we haven’t beaten is Stalin, and that’s only because he said, ‘Take everybody away.’ But I mean the most notorious court of Adolph Hitler had a conviction rate of 90%. We’re at 99! I mean, what does that tell you? The federal government can never be wrong about anybody at any time. So it’s pretty scary” said Martin Armstrong.

Martin Armstrong warns about broken governments and hyperinflation

“According to very high sources I have in Germany, if the choice comes between the collapse of the Euro or blinking and letting inflation take place, they will take the latter. They have so much invested in this Euro it is pathetic that there too, they simply will not do the right thing” said Martin Armstrong. 

Listen to the interview here.