Apr 12, 2015
Renowned financial analyst Martin Armstrong says you can forget about the U.S. dollar crashing in value. Armstrong contends, “No, that’s absurd. The euro is in terrible shape. The yen is in terrible shape, and honestly, you can’t park money in yuan or Russian rubles, yet. I mean, let’s be realistic here, but eventually–yes.”
Armstrong says the bond market is a different story as the Fed is going to be forced to raise rates. He contends just a few percentage points in rising rates are going to cause big losses and big changes. Armstrong predicts, “People will be losing huge money. We are looking at a few percentage points, and you are going to blow the national debts of all these countries way out of whack, and that’s what’s going to force political change.”
Join Greg Hunter as he goes One-on-One with Martin Armstrong of ArmstrongEconomics.com.
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2 thoughts on “Martin Armstrong: Big Losses Coming In The Bond Market – Fall 2015 Turning Point – European Banks Will Collapse – Civil Unrest And Riots Globally – Gold To ‘Max Out At $5000 Per Ounce’ (Video)”
“Renowned financial analyst Martin Armstrong says you can forget about the U.S. dollar crashing in value. Armstrong contends, “No, that’s absurd. The euro is in terrible shape. The yen is in terrible shape, and honestly, you can’t park money in yuan or Russian rubles, yet. I mean, let’s be realistic here, but eventually–yes.”
THERE ARE PLENTY OF GAMBLING AVENUES WITHIN THE US STOCK MARKET AND GREEDY GUT BANKING (GAMBLING) METHODS TO COLLAPSE. I AGREE THE EURO IS IN BAD SHAPE, THANKS TO THE LAZY AND INSUFFICIENT PRACTICES USED WHEN ADDING NEW MEMBERS TO THE EURO ZONE…….TOO MANY, SUCH AS GREECE, PRACTICED ENRON ACCOUNTING WHICH WAS EXPORTED BY MOODY’S TO THE REST OF THE WORLD.
IF THE PLUG GETS PULLED ON THE GREEK ECONOMY, IT WILL AFFECT ALL EU NATIONS, ALL WHO SELL TO THEM, AND THE US. THE DOMINO AFFECT OF NATIONS WHO JOINED THE EU USING ENRON ACCOUNTING PRACTICES MIGHT START WITH A GASP, BUT WILL END IN A SHUDDERING EARTHQUAKE.
THE BASICS OF ENRON ACCOUNTING HAVE BEEN SCRUBBED FROM THE WEB; THE POWERS THAT BE EVIDENTLY DON’T WANT SUCH INFORMATION READILY AVAILABLE TO THE AVERAGE CITIZEN.
I PAID CLOSE ATTENTION AT THE TIME, & RECALL CLEARLY WHAT THEY DID. IF ENRON HAD A DEBT OF A MILLION DOLLARS, THEY DEVELOPED A REMARKABLY EASY AND CORRUPT WAY TO GET RID OF IT. THEY WOULD ESTABLISH A NEW SHELL CORPORATION, MOVE THE DEBT INTO THE SHELL, AND LOG IT INTO THE NEW BOOKS AS PROFIT.
THE SHELL CORPORATION WOULD GIVE ENRON A LARGE FICTITIOUS WORK ORDER OF $990K. NOT ONLY WOULD THE DEBT DISAPPEAR, 98% OF IT WOULD REAPPEAR MAGICALLY AS INCOME. WHEN BUSTED, THE FRAUD WAS BREATH TAKING. IT TOOK YEARS TO UNRAVEL THEIR LIES AND DECEIT. THEY CONTINUED TO ERASE DEBT THIS WAY UNTIL THE MARKET WENT SOUTH…..
ONCE THE ENDLESSLY PROFITABLE DECADE OF THE 1990’S MELTED INTO THE PAINFUL YEARS OF THE 2000’s, ENRON COLLAPSED ALMOST OVERNIGHT. WHEN ENRON COLLAPSED, SO WENT GLOBAL CROSSING, WORLDCOM ++++MILLIONS LOST JOBS OVERNIGHT. HUNDREDS OF THOUSANDS MORE WERE HIT WITH LOSSES OF HOMES, PORTFOLIOS, RETIREMENTS…………..THE LOSSES ARE STILL BEING FELT TODAY.
Armstrong says the bond market is a different story as the Fed is going to be forced to raise rates. He contends just a few percentage points in rising rates are going to cause big losses and big changes
I HAVE BEEN HEARING THE FED IS GOING TO RAISE RATES FOR YEARS. INSTEAD, THEY CONTINUE THE INCREDIBLY DESTRUCTIVE PRACTICE OF QE……WHICH FEEDS A FEW GREEDY GUTS AT THE COST OF EVERYONE ELSE. IF WE HAD A CREDIBLE GOVERNMENT OR ECONOMY, QE WOULD NOT BE ACCEPTED.
THEY HAVE KEPT THE MARKET GOING WITH ENDLESSLY EMPTY LIES, AND OUTRIGHT RIGGING. WE HAVE UNEMPLOYMENT IN THE 30%, JOBS HAVE CONTINUED TO LEAVE OUR SHORES. THE REAL COSTS FOR FOOD, ENERGY AND SHELTER CONTINUES TO RISE AT HORRIFIC RATES. WE THE PEOPLE ARE BEING SADDLED WITH ALL THE COSTS OF THIS ENDLESS WELFARE FOR THE VERY RICH……PRICES FOR ALL ESSENTIALS CONTINUE TO SKYROCKET……..
BONDS ARE MORE DEBT, NOTHING MORE. BIG LOSSES IN THE BOND MARKET? I AGREE, BUT BONDS ARE AT LEAST PRESENTED AS DEBT BY GOVERNMENT OR CORPORATION.
ONE NEED ONLY LOOK AT YESTERDAY’S ARTICLE ON THIS WEBSITE SHOWING THE AMOUNTS OF MONEY GREECE NEEDS TO PAY THEIR CREDITORS OVER THE NEXT SIX MONTHS………….THE NUMBERS ARE IMPOSSIBLE…….NO WAY CAN GREECE PAY SUCH AMOUNTS OF MONEY; AT SOME POINT, THEY WILL HAVE TO DEFAULT.
WITH GREECE’S DEFAULT, THE DANGER OF OTHER COUNTRIES SUCH AS SPAIN, PORTUGAL, IRELAND, BELGIUM, ITALY +++ BEING PULLED DOWN BECOMES MUCH HIGHER. MANY OTHER NATIONS WILL BE AFFECTED. LOOKING AT THE NUMBERS ON THIS SITE YESTERDAY, I SEE NO LOGICAL ALTERNATIVE.
Big looses in Bond market? Well what will happen with the pensions? No one in my environment has any clue what is going on, can’t blame them, and they still trust politicians who even hasn’t any clue what is happening or at least they remain silent. If I understand it well: shell has a problem so the dutch society too.