Topic: Armstrong Economics

Legendary economist Martin Armstrong joins the program to discuss the global financial realignment and the accuracy of economic forecasting. Armstrong agrees that the U.S. is in an asymmetrical war with China and discusses the strategic importance of the Panama Canal. He provides a high-level view of how Trump's policies are clashing with the established globalist economic order.

Economist Martin Armstrong discusses his computer model's accurate prediction of a Trump trifecta and the potential abolition of the federal income tax. Armstrong argues that income tax is an obsolete tool of social engineering and that eliminating it would cause a massive influx of global capital into the United States. He explains that federal borrowing is unnecessary in a non-physical monetary system and that the tax code is primarily used by the DOJ as a weapon against political opponents.

Financial expert Martin Armstrong is quoted regarding the likelihood of serious civil unrest following the November election, regardless of the winner. Armstrong expresses concern that the U.S. government may default on its debt or initiate World War III by the end of the year to manage the economic crisis. The segment emphasizes the public's lack of confidence in official economic data and approval ratings.

Economist Martin Armstrong explained that the world is currently facing a massive sovereign debt crisis fueled by decades of unsustainable government borrowing. He noted that Treasury Secretary Janet Yellen is concerned about the lack of buyers for long-term US debt, which could lead to a collapse of primary dealers like Goldman Sachs. Armstrong argues that the Ukrainian war and COVID-19 are being used as distractions from this fundamental economic failure.

Legendary economic forecaster Martin Armstrong joins the program to discuss the collapse of Keynesian economics and his models' predictions for the Ukraine conflict. Armstrong, known for his "Socrates" modeling system, explains how he was previously targeted by the government for his disruptive financial technologies. He warns that the current global crisis is being used to mask a fundamental failure in the central banking system.