Monday, April 13, 2015

Martin Armstrong: We are headed into a control-alt-delete reset

By 2020, according to our models based upon rising interest rates that will unfold, the total interest expenditure on an annual basis will exceed the total defense spending. The current monetary system is unsustainable. Even if we leave interest rates and assume the impractical that they will flat-line and not rise, total interest expenditures will exceed total defense spending by 2024. We may even see this hit by 2017 if interest rates double.
We can survive. Yes you should have some gold coins as a HEDGE against a reset in the monetary system that is coming. But that is for diversification – not to exclusion of everything else. We are headed into a control-alt-delete reset. There is no avoiding this outcome for the system is being run by lawyers who are as corrupt as they come. We need a hedge fund manager
at this point to reset the economy – not more lawyers.
We can do this. It is like watching the weather reports and seeing a hurricane is coming. You board up the windows and ride it out. Just get ready – that’s all. No need to be doom and gloom. This is just one of those times that tries the soul and forges courage and wisdom through experience. When the economy turns down in the USA, then people will listen to you. So don’t waste your breath now. I will be on tour in Europe for six weeks with a grueling schedule from Poland to Barcelona. Every day I am getting another request to speak in another city. Why? They already feel the pain. The USA is just not quite ready for prime time. Don’t worry – it’s coming.

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