‘Donald Trump is a symptom of imperial decline, and not really the problem.
The world faces not a “clash of civilizations” with radical Islam (although the dust-up remains a significant challenge), but a crisis of civilization that includes riotous climates, poisoned oceans, failing forests and collapsing economies’;
‘So, a bond market crash is a distinct possibility? Armstrong says, “Yes. All these things are contagions. . . . The real risk is coming from Europe and Asia. That is the real risk. . . . There is no place to go but the dollar at this point.”
If and when a global collapse comes, it will come from China or Europe. Armstrong says, “Yes, because you don’t collapse the core economy. It’s always the peripheral coming in. It was the same thing in the Great Depression. It wasn’t the fact that the U.S. defaulted. The problem was the first bank that went down was in Austria, and it happened to be owned in part by the Rothschilds. When people hear a bank owned by the Rothschilds went down, people started to sell off all other banks. Then all the countries defaulted.” Armstrong says there is going to be a major “monetary reform” in the not so distant future, and the U.S. will end up with a dollar for domestic use and a dollar used for international trade, sort of like a “domestic dollar” and an “international trade dollar.” Armstrong says, “Yes. All it is doing is replacing the dollar as the reserve currency. That would satisfy China and Russia, and it would simply be maintained by an international board. I strongly advise against the IMF. It’s way, way too corrupt.” So, is gold a good asset to have with a coming currency reset? Armstrong says, “Yes, at that point, you are talking about a hedge against government. When you go through these monetary crises, effectively, all tangible assets rise in price, not just gold and silver. . . . Tangible assets have a value to everybody globally. The downside is on real estate. I would never put 100% of my money in real estate because it is not moveable.” Fast-forward to now, and Armstrong predicts, “The economy is not going to come back. We are not going to see economic growth.”’ – da: “Strong Dollar Could Cause Bond Market Crash-Martin Armstrong-” -.