Monday, October 03, 2022

"2023 Will Be Year From Hell" - Martin Armstrong Warns Europe 'Could Suck The Rest Of The World Down The Tubes'

 via Drudge Report

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.

So, could Europe suck the rest of the world down the tubes? Armstrong says, “Oh, absolutely. Europe is the problem..."

"The crisis in banking will start in Europe...The debt is collapsing. They have no way to sustain themselves.

The debt market over there is undermining the stability of all the banks.

You have to understand that reserves are tied to government debt, and this is the perfect storm.

Yes, the (U.S.) stock market will go down short term. We are not facing a 1929 event or a 90% fall here... Europeans, probably by January of 2023, as this crisis in Ukraine escalates, anybody with half a brain is going to take whatever money they have and get it over here.

Story here 

Europe is finished.

Stupid fools actually believed it was about Ukraine.

Never was.

We have castrated them.  Some of the smaller, more independent nations might escape our orbit but the bigger players...UK, Germany...the Nordic states?

They belong to us.  (Insert evil laughter!)

The globalist elite must be pouring their favorite adult beverage as we speak!

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