Martin Armstrong warns decade long economic decline if lockdowns continue. Martin Armstrong is a market forecaster and trader with an impressive track record of making winning calls. His own created Economic Confidence Model (also called the “pi” cycle) in his forecasting has accurately forecasted financial crashes, wars and the collapse of nations. Moreover, his advice has been sought by numerous governments.
“Martin Armstrong is a market forecaster and trader with an impressive track record of making winning calls”
THE WEALTH TRAINING COMPANY
Martin Armstrong’s most recent call that the Fed can’t withdraw from its QE program became crystal clear during September’s Repo market crisis, where short term interest rates spiraled that month and the subsequent 2020 market crisis also made worse by the pandemic.
With the pandemic and lock-down in focus, Martin Armstrong warns decade long economic decline, according to his Economic Confidence Model
“Our computer models are showing that if the economy remains near closed beyond May 1, we are looking at a global economic decline that will not bottom for 13 years until we reach 2032” wrote Martin Armstrong.
“The current unemployment rate is outpacing that of the Great Depression when it took three years to reach a rate of 25%” wrote Martin Armstrong.
IMF chief Kristalina Georgieva warned that the “global economy risks a return of the Great Depression,” back on January 17 before the pandemic hysteria.
But fast forward three months with the global economy in an enforced lockdown, a kind of modern-day version of medieval self-flagellation, which if continued will lead to economic suicide, societal collapse, then a reset.
“Our computer models are showing that if the economy remains near closed beyond May 1, we are looking at a global economic decline that will not bottom for 13 years until we reach 2032”
MARTIN ARMSTRONG
Think about it. Advanced democratic (former) countries’ existing health system (public or private) can’t cope with waves of sick people, neither can their welfare state cope with tens of million unemployed. Unemployment websites are crashing amid a record 6.6 million US workers applying for unemployment benefits.
Martin Armstrong warns decade long economic decline if lockdowns continue but I don’t think we have that long before a societal collapse plays out
The advanced democratic capitalist model is not designed for protracted or fragmented lockdowns.
“There are forces using the virus for ulterior moves and creating a global economic collapse. They are dangerously undermining the entire world financial system, which threats the rise of war” – Martin Armstrong
Martin Armstrong doesn’t think that Universal Basic Income (UBI) also known as MMT modern monetary theory, giving everyone an income irrespective of whether they produce goods or services that will work.
“They will hand a person a fish to feed them for a single day and standby gleefully as they destroy that person’s ability to find employment” wrote Martin Armstrong.
“Not only are their jobs being destroyed, but pensions” he added.
Martin Armstrong warns decade long economic decline if lockdowns continue which he believes are being implemented by puppet governments whose handlers have ulterior motives
“There are forces using the virus for ulterior moves and creating a global economic collapse. They are dangerously undermining the entire world financial system, which threats the rise of war” wrote Martin Armstrong.
Historically, war never emerges as long as everyone is fat and happy. Rome fell because it first was weakened internally by corruption, which then encouraged the barbarians to storm the gates” he added.
