Greg with Martin Armstrong
https://forbiddenknowledgetv.net/financ ... armstrong/
FINANCIAL SYSTEM HAS COME TO AN END
Armstrong joins Greg Hunter and the first interesting observation he makes is about why the US dollar hasn’t hyperinflated into oblivion yet. He suggests it’s because Federal Reserve Chairman, Jerome Powell isn’t really going along with the World Economic Forum’s climate hoax Green New Deal agenda, which Armstrong suggests also means that Powell will eventually be replaced by a dutiful climate hoaxer, like everyone else Joe Biden has installed as his agency heads.
Armstrong describes the post-COVID economy, with the complete collapse of the bond market in Europe as the biggest financial disaster in human history. “Everything we know – the whole Keynesian Model – has collapsed…What institution is going to buy a bond from Europe with a negative interest rate? Pension funds need 8% to break even. You have bankrupted all the pension funds over there. It is a complete disaster. This is the greatest financial crisis in human history, and people don’t understand what is going on…Watch Europe. It’s the canary in the coal mine for the next big crash.”
Armstrong does not see a major stock market crash, like in ’09 or 1929. “If the stock market was going to crash in that magnitude, that means capital flees equities and goes to bonds. Do you really think major institutions are going to run and buy government bonds at this stage in the game?
He feels that the perceived inflation of the dollar is actually about the COVID lockdown-caused supply chain disruptions and the Biden administration’s kneecapping of the petroleum industry. He talks about how any tangible asset (gold, silver, real estate, etc) is a good bet in the coming financial reset.
As for cryptocurrencies, he believes that as soon as the governments are ready to launch their own digital currencies, they will confiscate everybody else’s, because they will not tolerate competition and it’s all about the tax revenue.
"Human beings are poor examiners, subject to superstition, bias, prejudice and a profound tendency to see what they want to see rather than what is really there." - M. Scott Peck