The Euro is not sustainable, the debt crisis will cause a depression in Europe, gold as a hedge agains government, the tarifs, and more.
- Video at rumble.com: Global Wars, Depressions, Defaults and Debt Crisis Begin in 2025 - Martin Armstrong
It’s going to be more of a depression in Europe, a very sharp recession in China, and it won’t be as bad in the United States. . . . When you create a debt crisis, that’s what causes a depression. The stock market going down is the least damage to an economy.”
Europe has trillions of dollars of unpayable debt, and Armstrong says, “The leadership knows if they don’t have war, the people will come after them.”
usawatchdog.com - Global Wars, Depressions, Defaults & Debt Crisis Begin in 2025 – Martin Armstrong
Sources:
- usawatchdog.com - Global Wars, Depressions, Defaults & Debt Crisis Begin in 2025 – Martin Armstrong
- www.armstrongeconomics.com - Armstrong on USA Watchdog
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