Fantastic Reset: ‘Chaos’ is Coming in 2023

The Legendary economic and geopolitical analyst Martin Armstrong of Armstrong Economics. We talk on the net USAWatchdog.com He says nothing will improve until the end of 2022 and he still expects it In 2023 will come “chaos”.
Armstrong says the “fall” in the stock market last week is due to “extreme uncertainty».
Armstrong predicted the stock market crash two months ago and said the fall to the wall was “not over yet”.
Europe faces major economic problems without Russian natural gas supplies, which Russia has cut off in response to Western sanctions.
Armstrong explains:
“In Europe, I think they’re doing it on purpose, and this is a great reset for Klaus Schwab.
They know they have a serious problem.”
«They cut interest rates to less than 0% in 2014 and ordered that all European pension funds hold more than 70% of government bonds.
All pension funds are insolvent.

Europe is not sustainable
Europe has been plagued by widespread financial mismanagement.
It is not sustainable and we will see the European Union disintegrate.”
Could Europe’s crisis drag the rest of the world forward?
Armstrong says:
“Oh, sure. Europe is the problem….”
«The crisis in the banking sector will start from Europe…Religion collapses. They have no way to support themselves.
Europe’s debt problem undermines the stability of all banks.
You have to understand that reserves are tied to government debt and this is the perfect storm.
The US stock market will decline in the short term.
We’re not dealing with the crash of 1929 or a 90% drop here…
Europeans, maybe until January 2023, as the crisis in Ukraine escalates and anyone with a bit of a mind will take whatever money they have and bring it to American markets.”

Where will the smart money go?

“Stocks are like gold,” Armstrong says, “it’s on the same side of the table and it’s the opposite of government debt…”
«People will not buy government debt.
They will buy anything in the private sector.”
Armstrong says governments are borrowing and spending huge sums.
The Fed will keep raising interest rates to fight inflation, but Armstrong says it would be a mistake:
«Higher interest rates will make things worse. We have problems with supply chains Raising interest rates will not fill the gaps.”
Armstrong predicted that “2023 will be the year of Hell.”
There will be strong turmoil and in 2023 it is not excluded that we will also witness open war.
In conclusion, Armstrong says:
We will see governments collapse.
I think this will happen in Europe, and there we will see drastic things, because they have no options.
They need war As a justification for defaulting on all government debts.”

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