Press "Enter" to skip to content

Banking Crisis Will Start in Europe – Martin Armstrong

 

By Greg Hunter

Legendary financial and geopolitical cycle analyst Martin Armstrong says nothing is going to get better by the end of 2022, and he is still forecasting “chaos” coming in 2023. Armstrong says the plunge in the stock market last week is all because of “extreme uncertainty.” Armstrong predicted a stock market crash two months ago and contends, “It’s not over.”

Europe is in big financial trouble with Russian natural gas turned off as a retaliation from the sanctions. Armstrong explains, “In Europe, I believe they are actually deliberately doing this, and this is Klaus Schwab’s ‘Great Reset.’ They know they have a serious problem. They lowered rates to below 0% in 2014. They just started raising interest rates. Meanwhile, you ordered all the pension funds throughout Europe to have more than 70% in government bonds. Then they took it negative. All the pension funds are insolvent. Europe is fiscal mismanagement on a grand scale. There is no way it can sustain itself, and we are looking at Europe breaking apart.”…

Read More Here

News PDF Archives – Jellyfish.NEWS

Breaking News: