Goldseek Radio, Released on 4/23/23
Head of Armstrong Economics, Martin Armstrong, draws parallels between the current economic crisis and those of the past.
0.20 - Domestic credit appears to be drying-up.1.00 - Auto repos are increasing.2.12 - Corporate debt bubble and related defaults.2.50 - Bank crisis in the EU?4.15 - Economic crisis requires leadership.6.01 - Sovereign debt defaults possibly first in the EU.11.01 - The inflation theme remains strong.13.45 - The greenback may be the last fiat domino to fall.17.20 - Precious metals, real-estate and tangible assets are essential investments amid similar economic quagmires.20.11 - A rare economic cycle could be unfolding, with ominous implications.24.01 - Beware sovereign debt and the financial sector.25.00 - Martin suggests reading: Herbert Hoover's Memoirs, free online: https://hoover.archives.gov/research/ebooks
Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics - a public service and blog for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis possible. He published a book in 2019 called Manipulating the World Economy.
Martin Armstrong: The greenback may be the last fiat domino to fall added by Herman James on 04/20/2023View all posts by Herman James ?+'