The Rising Tension in Europe for Civil Unrest

QUESTION: Hello!

More and more people in western Europe are talking about the coming civil war between the Muslims/Arabs and the Europeans. Guillaume Faye has even written a book about it. I personally believe that it will break out between 2025 and 2050 and that it will start in France. Me and my friends are looking for some place to go before it starts. We are looking at eastern Europe. Have your computer anything on this coming civil war?

Thank you for your hard work.

IR

ANSWER: Economics is at the root of the crisis. In 1844, tensions rose and there were gun battles on the streets in Philadelphia against the Irish Catholics. This occurred in the middle of a depression from the Panic of 1837 with the sovereign debt defaults by states. Religion was involved to some extent, but the argument became that the Irish immigrants were taking the jobs and were willing to work for less.

In this case, the refugees get handouts from the state and then the state raises taxes on the citizens. This still is fueling the tensions and there is indeed a risk of civil conflicts and separatist movements. This is also the period where we should expect more anti-establishment parties rising because people are losing their lifestyles thanks to the career politicians who have created an economic catastrophe.

Latest Posts

Market Talk – April 25, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 831.60 points or -2.16% to 37,628.48 Shanghai increased 8.08 points or 0.27% to 3,052.90 Hang [...]
Read more

US GDP & Recession into 2028

QUESTION: Mr. Armstrong, Socrates correctly picked March as the Directional Change, and it looks like there will be a sharp decline into June. Are you expecting a serious recession with [...]
Read more

See You Next Month?

See you in precisely one month at the London Economic Confidence Model Seminar! Can’t attend in person? Keep reading to learn about our virtual ticket option. Prepare to embark on [...]
Read more