World Economy Declines into 2035.8

QUESTION: Mr. Armstrong; You mentioned that we should expect a further decline in the economy. Do you have a target for that decline?

Thank you

KT

ANSWER: The world economy has been in a prolonged economic decline as taxes have risen and regulation has expanded. As government hunts money everywhere, they are bringing the world economy into a major decline since the 1970s. The bottom in nominal terms appears to be 2025. However, in REAL TERMS, we are looking for a decline into 2035.8.

Latest Posts

Central Banks & the Absence of Tools

  Central Bankers are trapped; Keynesian Economics remains the only tool in their quiver, and they are running out of arrows. The Fed Watchers are neck-deep in mainstream media propaganda [...]
Read more

Biden Bans Natural Gas Water Heaters

Joe Biden is passing additional climate change “protections” before leaving office. Before placing a ban on offshore drilling, Biden and/or his handlers turned his attention to American households. His latest [...]
Read more