While we are being distracted, our democracy is falling apart.
The Greek democracy didn't survive the fall of Pericles. The Roman Republic was already in tater when Cesar crossed the Rubicon. The Venetian Republic lasted a little longer thanks to an ingenuous system to limit graft and tenure politicians.
Clearly the American democratic system is approaching the end and with it the Western hemisphere will fall back into darker ages once again.
Martin Armstrong is a brilliant investor and as such he offers a sharp and to my opinion accurate perspective over the risks in the coming months. But the core of the problem/rot is much deeper and as such can't be easily remedied.
In 1944, America became an empire at Bretton Woods.
In 1971, the US dollar became a fiduciary money with no restrictions on issuance, what the French called the time, an exorbitant privilege and soon after the World currency when Saudi Arabia accepted that all purchases of oil should be paid in USD.
In 1981, Reaganomics launched the fire-wheel of permanent deficits followed in 1998 by the abolition of the Glass Steagall act, the fundamental distinction between deposit banking not taking risks on the market with client money and investment banking who could, unleashing the following 20 years of Casino gambling on Wall Street.
In 2001, the Patriot act eviscerated freedom and marked the start of permanent wars in the Middle East allowing the "deep State", mostly the CIA and other agencies to grow out of proportion thanks to pork and dark money. The praetorian guards were reborn!
Finally in 2020, the global cabal of the WEF-linked elites asserted their power over the Western Hemisphere thanks to their total control over international institutions, pretending that a recurrent but engineered virus was a "new" deadly pandemic.
All this took 70 years to build. 70 years of peace and prosperity thanks to the aversion to war of traumatized populations in the West and the extraordinary reliance on oil, the most dense and concentrated energy ever used until now.
This era is over. From now on energy and resources will be sparse and expensive. As for economic growth, forget about it. Phony statistics are replacing the real stuff. There won't be any recession as long as governments do not declare one. Same for wars, pandemics and almost everything.
Truth will soon become a revolutionary act.
Carpe Diem! Enjoy the coming months, what comes after will be darker.
Via Greg Hunter’s USAWatchdog.com,
Last month, legendary financial and geopolitical cycle analyst Martin Armstrong said the time to prepare is now for the chaos that is coming in 2023.
The destabilization of America has been kicked into high gear early with the FBI raid on President Trump’s Florida home this week. Armstrong explains,
“This really is unprecedented...
In the United States, we are supposed to have civilized transfer of power. That’s all coming to an end. I am not being dramatic here. From a legal perspective, this is completely unprecedented. The danger of this is once they have done this, if the Republicans are ever allowed to get back into power, they would only end up doing the same thing to the Democrats...
It’s striking a real deathblow to the very idea of a democracy. We are not, at least we were not until today, someplace like Guatemala where you throw the opposition in jail, kill them or whatever you do. This is what’s going on. They are so afraid of Trump running in 2024 that this is just over the top. Once they did this, there is no end.”
Armstrong says the Democrats are in “dire straits” at the polls–and they know it. Armstrong thinks the Trump raid by the FBI is an act of desperation, and it will “backfire,” but that’s not the only play in the Democrat playbook for the midterms in November. Armstrong says,
“I have been warned that the Democrats have been maneuvering, and the reason they are allowing all the illegal aliens to come in is they intend to allow them to vote. You already had the Justice Department go after one state that said you had to prove you are an American to vote, and they filed a suit against them saying that they violated their civil rights. At that stage of the game, hey, all of Europe, Australia, everybody should just send in a vote.”
Armstrong’s says forget what the mainstream polls are saying about voter support for Democrats and Joe Biden because the real numbers are much lower than the public is told. Armstrong’s “Socrates” computer program shows Joe Biden has just 12% of support in America. Maybe this is why Democrats are desperate and realize they have to cheat and break the law to stay in power. It’s not going to get any better, and the entire world is in the same sinking boat. Armstrong says,
“We basically are sitting here in the middle of the collapse of Western civilization. It’s socialism that is collapsing because these people have done nothing but borrow money to bribe them to vote for them...
There is no way to pay it back, and they had no intention of paying it back...
Europe is, just forget it. You have emerging markets collapsing around the world because to sell their debt, they had to put it into dollars. Sri Lanka, Lebanon, Pakistan, Argentina are falling apart on a global scale.”
Armstrong thinks the dollar will be strong for now and not to expect a collapse in the USA anytime soon because America will be the last man standing.
That said, Armstrong does see the possibility of a “stock market collapse in September.”
Armstrong is also “worried about civil war or extreme civil unrest in 2023 in America.”
Armstrong is seeing a “world war coming in 2024 or after.”
Armstrong also said, “My computer warns that there may not even be an election in America in 2024. It’s reaching that critical period. So, this raid on Trump is like throwing down the gauntlet. Everything is gone.”
There is much more in the nearly 53-minute interview.
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Martin Armstrong, cycle expert and author of the upcoming new book “The Plot to Seize Russia, Manufacturing World War III” for 8.9.22.
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