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So after listening to Martin a litle more closely I gather the crash and burn he has often mentioned is coming for 2032. In this interview he is talking about the dollar being gone by then and perhaps only the Chinese Yuan surviving as a reserve currency. Presumably the currency markets are going to be in absolute chaos by then if that’s the case. He also said the only things that would survive crossing over the 2032 crash is hard assets, land and companies that are involved in mining real things.
Many companies will not survive and their shares are not worth holding. The interviewer asked him that question and he said something along the lines of those companies of good ideas but no substance will not make it. This is worrisome if there is anything to it. A crash of the kind he is suggesting would be absolutely catastrophic and wipe almost everyone out. Goodbye pensions and most of the social safety net for example. Debt will pretty much all be defaulted on by then and then we will reset and start over even with a new form of government and a country that has broken into parts.
So an America divided and China rising to prominence.
Those of us (some more closely than others) who began following Armstrong 20 years ago when he was typing out manuscripts from prison have been aware of his 2032 date since about that time. Its been a longstanding part of his outlook.
One of those hard assets probably ought to be a fishing pole or two.
Guess I am late to the Marty party! Maybe you can answer my question from a few days back. Martin keeps saying stock markets and real estate will rise at the same time a lot of others are seeing a crash coming. But in the same breathe he talks about a crash and burn. So which is it pedro? Marty said a depression is starting in 2024. What kind of a depression is coming where housing prices and stocks keep going up?
The other thing I think I finally caught on too after listening to a few of Martins interviews recently is he keeps talking about this sixth wave and its termination at 2032. He has claimed in the past that The World Economic Forum led by Schwab are using his model and that is why they have a 2030 target to bring in so many control structures by then.
They are trying to maintain their grip on power in a world that is going to break down completely economically due to global debt default contagion. Another Depression will appear at that time on Martins models schedule. Martin has said straight out that the WEF are front-running his model and that’s how he knows they will fail because what they are trying to do won’t work in that situation of debt destruction. Think about that for a second.
The powers that be want to put everyone on a fixed monthly allotment of money led by the IMF and UN but what that implies is a continuation of the existing system of ever expanding debt to pay the bills. So the idea of a guaranteed income is pretty much a pipe dream that will go up in smoke along with the money system as we know it today.
Not all this is in the interview by the way. I am piecing it together based on a variety of his interviews the last few months. What he does say in this one though is that he believes the US dollar will be canceled after the 2024 election and that this political crew has every intention of defaulting on the debts of the US!!! I imagine that’s about the time we go into a war with China. The war is scheduled for after 2024 based on Socrates. It’s worth a listen if you follow Martin.
so the path is more/less about this:
a depression is around the corner (within 1-2 years). then the system implodes (2025-2028). they introduce a new currency (cbdc or whatever); 2027-2028. the people will reject except the clueless/mindless in je cted wh dies off in large % after that anyhow (up to 2030/2032). then a new depression comes along the way (as from 2030/32) which will take …. how many years? Yep, got the script.
they say:may you life in interesting time … for sure. WTF. So 10-20 years of being in Survivalmode. That is a longggggggggg time.
I guess. Its not my script. Sounds stressful though when you put it like that. We are not going to have a very good retirement. I mean just for starters, if they default on the debt that is by definition a default on all pension obligations since our funds are all tied up around treasuries and bonds. We will really be eating bugs and catfood 10 years from now.
Interesting…Hey on the bright side we have another decade before TSHTF …10 more years of talking about it…cool
Yaaaay…..Gulp.
FGC- thanks for the Sunday morning belly laugh! The bright side, indeed!!!
Goldballoon during your travels you visited many areas where a collapse would not affect them that much.
Resiliency and very little present dependence upon a Central Government.
They may not even know it’s happening. Like the Amish, Mennonites and other simple self-sufficient groups.
That’s true, but it’s also true that it’s possible to thrive in virtually any situation. It’s so much more of a personal choice than a calculation. Opportunity is everywhere.
*personal choice of how to be
I agree. Humans are very resilient but may have to give up some of our comforts we have been accustomed to.
The GFC in 2008-9 was a default on MBS and all their derivatives. The CB’s (Sovereign) stepped in but the crisis lived on.
This time it’s a Sovereign Debt default. There is no one to step in and the system will collapse leading to a new form of currency. If the entire world defaults then the new currency does not require backing, funding (bonds) and UBI will be printed forever without consequences. Thus they need total control by the time this occurs or only hard assets have value.
Now we know why places like Canada has accelerated the WEF agenda.
Paper assets will be toast unless they are backed by tangibles.
We are truly living through the end of Western Civilization. The rise of the next great civilization is upon us.
Just study past “rise and falls” and it follows like a textbook case when seen in the rear mirror.
(If the WEF Globalist fail then the following may be our future)
The large unwieldly cities unravel first. The surviving population flees to the productive countryside.
The barbarians at the gates are the disadvantaged citizens who have nothing too lose. Look at San Francisco. A few more years and it will be a hollowed out hellhole if they continue along the same path. Population vastly diminished through sickness, starvation, violence or flight.
The Turd (WEF Masters) know there will be unrest. Thus censorship of the truth and a gun grab.
We will reach the point where centralized Governments collapse. Small rural enclaves that trade with like minded groups.
Very similar to Kuntsler’s book series on the Long Emergency.
This is an extreme scenario of course.
Canada is a resource nation not unlike Russia. We should easily weather the storm. In theory anyway.
Canada adheres to authority….unfortunately.
resources a moot point….
look at Alberta…..
Have you met our Truckers Farmers Ranchers and Trades People ?
Resources and resourcefulness AFTER the Government Collapses