QUESTION: Mr. Armstrong, Socrates appropriately picked March because the Directional Change, and it seems like there can be a pointy decline into June. Are you anticipating a severe recession with the Could seventh turning level in your Financial Confidence Mannequin?
SH
PS It looks like Jamie Diamond makes use of Socrates since he has simply mentioned what you had been forecasting, that it will look extra just like the Stagflation of the Nineteen Seventies.
ANSWER: A recession is outlined as two consecutive quarterly GDP declines. Socrates projected the beginning of this decline with the March Directional Change. This could proceed to weaken the US financial system into June. Sure, we see an financial “recessionary” decline that can befuddle the Federal Reserve, for we’re coping with shortages very similar to the Nineteen Seventies, which implies inflation rises in a recession-producing Stagflation that we see into 2028. These Neocons need conflict, and their private hatreds are operating the nation – not economics. For this reason they hate Trump, which is anti-war, and so they need Biden as a result of he permits the UNELECTED businesses to run the nation.
We’re headed into huge civil unrest even in Canada, and thugs are despatched in to interrupt up demonstrations towards Trudeau’s local weather change tax. Canada will break aside East vs. West simply because the USA will presumably break up into three sections. CENTRALIZED GOVERNMENTS don’t work—Stalin proved that. Nonetheless, profession politicians all the time search extra energy, so they’re NOT going to make the following 4 years simple. We’re their hated enemy—always remember that.
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