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To: Melian
Insane Globalists Collapsing World Economy
310 posted on 03/13/2022 8:59:41 AM PDT by Publius (It wasn't easy being a young conservative. It's easier being an old conservative.)
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To: Publius

From your link:

Before the end of this year, Armstrong’s “Socrates” computer program sees a “panic cycle” for the 2022 mid-term elections, mainly for the Democrats. Armstrong explains more about this in the interview.

Armstrong says inflation is here to stay, and it’s going to be huge in some areas. Armstrong sees gasoline rising to $8 to $10 per gallon sometime in 2023. Armstrong says buy everything you think you will need because it will never be cheaper, and it may not even be there in the future at any price. Food is high on Armstrong’s list, and he says have good old fashion cash on hand because of cyber-attacks and power outages that he sees coming in some areas. Armstrong also sees an average of 25% inflation by 2024. This, again, is according to his “Socrates” computer program. Armstrong says “the commodity cycle will take off in 2024.” Armstrong sees everything going up in price, and that includes gold and silver. Interest rates will also be headed up, and the stock market is not going to do well in a trend that sees interest rates rising.


319 posted on 03/13/2022 9:10:36 AM PDT by Melian ( Unity is all. )
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To: Publius

For those who may be interested, my view is that we are in the turbulence at the end of the deflationary cycle which began early in the Reagan years.

Remember the horrible inflationary cycle which ended by about 1981?

In 2020 the very serious danger was not inflation but its absolute opposite: Great Depression. Personally I believe the government’s money bombing the economy possibly saved a much larger economic catastrophe (i.e., another Great Depression).

It’s true the next inflationary crisis may be the BIG ONE; but it is likely a few decades away.


686 posted on 03/14/2022 11:09:21 AM PDT by Disestablishmentarian (The next war has already started. )
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