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Governments Worldwide Will Crash the First Week of October … According to 2 Financial Forecasters

George Washington's picture




 

Update: Please see correction at the end.

Two well-known financial forecasters claim that virtually all governments worldwide will be hit with a gigantic economic crisis in the first week of October 2015.

Armstrong Painting
Martin Armstrong (Click for Larger Image)

 

Martin Armstrong is a controversial market analyst who correctly predicted the 1987 crash, the top of the Japanese market, and many other market events … more or less to the day.   Many market timers think that Armstrong is one of the very best.

(On the other hand, he was jailed for 11 years on allegations of contempt, fraud and an alleged Ponzi scheme. Armstrong’s supporters say the government jailed him on trumped-up charges as a way to try to pressure him into handing over his forecasting program).

Armstrong has predicted for years that governments worldwide would melt down in a crisis of insolvency and lack of trust starting this October. Specifically, Armstrong predicts that a major cycle will turn on October 1, 2015, shifting investors’ trust from the public sector and governments to the private sector.  (Armstrong is not saying that a crash will occur on October 1st ... but that it will be a major turning point which sets us up for a crash within a couple of months)

Unlike other bears who predict that the stock market is about to collapse, Armstrong predicts that huge sums of capital will flow from bonds and the Euro into American stocks.  So he predicts a huge bull market in U.S. stocks.

Edelson Paint Painting
 Larry Edelson (Click for Larger Image)

 

Edelson is another long-time student of cycle theory.  (Edelson – a big fan Armstrong – has also studied decades of data from the Foundation for the Study of Cycles.)

Edelson is predicting the biggest financial crisis in world history – including a collapse of government solvency – will start on October 7, 2015 – the same week as Armstrong’s prediction – when the European Union breaks up.

Edelson also thinks that huge sums of investment will flow from the Eurozone to America, driving up U.S. stocks (unlike Armstrong, Edelson thinks U.S. bonds will also benefit). He thinks that Japan will be the next domino to fall ... and that Japan's default will also drive investments into the U.S. as a safe haven.

In other words, both Armstrong and Edelson think that - as the best looking horse in the glue factory - the U.S. stock market will skyrocket as others fall apart.

But to be clear, both believe that the domino collapse will eventually hit the U.S., and America will end up defaulting on its debts - and falling into financial crisis - as well.

Are Armstrong and Edelson right or wrong?

We don’t have long to wait to test their very public predictions …

Here's more on Armstrong and Edelson.

Correction: Several people have pointed out that Armstrong is not predicting that the crisis will be felt on October 1, 2015. Rather, he's forecasting that October 1st is a major turning point, but that the governmental financial crisis may not be felt until some months later.

 

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Mon, 07/20/2015 - 22:37 | 6335475 Wild Theories
Wild Theories's picture

well, rate hike's sep, so... worth keeping watch

Mon, 07/20/2015 - 09:57 | 6332204 large_wooden_badger
large_wooden_badger's picture

My prediction: Indices will continue to fluctuate for the long-term, retail investors will continue to try and time their major movements. A few will get lucky, the rest will lose.

Mon, 07/20/2015 - 09:14 | 6332079 Dixie Flatline
Dixie Flatline's picture
Governments Worldwide Will Crash the First Week of October … According to 2 Financial Forecasters

Ok...

Mon, 07/20/2015 - 08:43 | 6331982 windcatcher
windcatcher's picture

Most everyone that watches the stock market either as an opportunist gambler or as an interested observer realizes all of the markets are rigged and controlled by the banksters.

Most everyone with any mathematical skill knows the crash of the economy is coming; it is just a matter of time. Armstrong is predicting the crashing market event will accelerate beginning in October and that has been confirmed by the Jade Helm military exercise extended into October.

The bankster Washington Empire of Debt, Fraud and Chaos is on schedule in their fascist Orwellian plan to morph into the bankster fascist totalitarian New World Order Empire which will be completed with the signing of the secret TPP and other secret trade agreements. More war is next. Whoopee!

Most everyone that follows the central government planning process of the Council on Foreign Relation, Trilateral commission, United Nations, central banking of the IMF, World Bank and their many affiliates realizes the economic crash is by design to consolidate power and control by the consolidated multinational corporate monopoly fascist (government of, for and by the multinational monopoly).

Enough is enough! Nationalize the Federal Reserve! Throw the criminal banksters and their criminal cronies in government in prison! Repudiate the criminal banksters system of debt peonage! Restart our Free Enterprise System economy (that is FREE from corporate monopoly) with nationalized bank investments into the American manufacturing economy.  

Impossible! You say. Well, the banksters think that their “natural right” is fascist total control over our government.

The public Bank of North Dakota is doing fine with the criminal element taken out of the banking system. Ellen Brown has printed volumes on the subject of nationalizing the Federal Reserve and establishing a National Bank that is free from the usury criminal element that fascist banksters call “natural right”.

Yes, criminals do occur “naturally” in societies but most civilized societies throw them in prison to protect society from their evil criminal elements. Ha. Ha. Ha.

Mon, 07/20/2015 - 08:31 | 6331962 Global Observer
Global Observer's picture

1st week of October sounds convicing for a major turning point, at least for the Eurozone. It is a week from then that the bridge loan arranged for Greece will come due, if not paid earlier. It is extremely unlikely that the EZ creditors and the IMF will come to an agreement on the debt restructuring necessary to make Greek debt sustainable. IMF will exit the negotiations unable to convince the EZ countries on a viable debt plan for Greece. When the negotiations collapse because of the inability of the EZ countries to come to an agreement, it is likely to hit the euro very hard.

Mon, 07/20/2015 - 08:41 | 6331951 Rocco the stiff
Rocco the stiff's picture

Oh yes, two Americans predicting world collapse and a run back to the USA.  How convenient! 

 

Submitted by George Washington, no less. bwahahahahahaha, exceptionalism bitchez!!!

Mon, 07/20/2015 - 08:22 | 6331948 MFL8240
MFL8240's picture

How can there ever be a collapse in the US when they can print paper and it is universally accepted?

Mon, 07/20/2015 - 07:19 | 6331818 quasi_verbatim
quasi_verbatim's picture

Love the pics. Gimme more smoke!

Mon, 07/20/2015 - 07:36 | 6331843 usednabused
usednabused's picture

whats that sulphur I smell?

Mon, 07/20/2015 - 07:17 | 6331814 gann1212
gann1212's picture

if europe and japan collapse guess what usa collapses too

Mon, 07/20/2015 - 07:12 | 6331805 Crocodile
Crocodile's picture

Actually, the thoughts and opinion are logical and rational given the globalist are systematically limiting investment choices (i.e. who has a savings account).  The US markets will be viewed as the "safe haven", but in the end all are doomed to fail and many will be hurt around the world as many are the dragnets.  The timing is always the difficulty since no one can predict the future except for the one who wrote it.

Mon, 07/20/2015 - 07:04 | 6331794 Max Hunter
Max Hunter's picture

I'm pretty sure the past is peppered with this guy's predictions of collapse.

Mon, 07/20/2015 - 05:24 | 6331689 erk
erk's picture

Most doomsday predictions are wrong, what makes this one any better?

 

Mon, 07/20/2015 - 07:42 | 6331846 omniversling
omniversling's picture

Here's another one to add to the pile...have not seen any others that follow calcs and dates like this tho, and comes up with the same timing, as does French FM:

French Foreign Minister Says 'We Have 500 Days to Avoid Climate Chaos'

https://www.youtube.com/watch?v=2QDJb6fF8pg

Caravan To Midnight - Episode 305 Incoming: Planet 7x with Gill Broussard

https://www.youtube.com/watch?v=bQDeKV7tHtA

PLANET 7X – THE DESTROYER

http://www.planet7x.com/

Fire From The Sky

BP Earthwatch Jesse with Gil Broussard

https://www.youtube.com/watch?v=zYhnHzze68Q

 

Mon, 07/20/2015 - 02:41 | 6331556 George Washington
George Washington's picture

Thanks tor those who pointed out that Armstrong isn't predicting that 2015.75 isn't necessarily a big bang. I added a correction

Mon, 07/20/2015 - 02:50 | 6331569 JohnG
JohnG's picture

 

 

You may want to go back and read more (I know you've read a lot already)....

"Big Bang" is EXACTLY what he called it, those exact words.

Mon, 07/20/2015 - 06:44 | 6331763 weburke
weburke's picture

all i care about is when does israel stop the iran treaty//un palestinian gaza nationhood actions.
however israel times that action is the real tipping point.
the world dominoes are not going to fall because of math, but war.

saudi and other insane muslim tyrannys getting all armed up --in respose to iran-- allegedly, is also completely against israel survival hopes, and netanyahoo was raised by his father, who really instilled in him the essential need to attack when you are set up (by obama) to die.

Mon, 07/20/2015 - 07:30 | 6331834 JustUsChickensHere
JustUsChickensHere's picture

When does Israel do something?  Maybe they will work according to the old Hebrew calendar .... I know the Shemitah is September 13, but any impact that may (or may not) have, usually begins about the start of October.

Mon, 07/20/2015 - 02:49 | 6331565 Blitzkrieg77
Blitzkrieg77's picture

You, and everyone here who reads this, should check out Armstrong's interviews with Rick Wiles from TruNews (www.trunews.com). He goes into clear detail and sets the record straight on how things should be playing out. People would get a much better understanding there. It's 100% worth the time spent. "Global Geopolitics" (www.glblgeopolitics.wordpress.com) also has been following him for a while and adding insight, too.

Mon, 07/20/2015 - 08:44 | 6331988 marathonman
marathonman's picture

He's also done some interviews at usawatchdog.com.

Mon, 07/20/2015 - 02:24 | 6331538 Blitzkrieg77
Blitzkrieg77's picture

2015.75 isn't a crash. You're misconstruing Armstrong's claims. The economy crashed in 2008, so you're roughly seven years late... and he already predicted that one, too.

What Armstrong is saying is it's the beginning of the final decline. 2015.75 represents the beginning of the first of two "bookends" -- a turning point. When the second bookend is reached in the fall of 2016, that's when the real shit hits the fan.

Mon, 07/20/2015 - 09:11 | 6332072 ejmoosa
ejmoosa's picture

2008 was not a crash.  It was a hiccup.

The downturn in 2001 prior even to 9/11 was much deeper.  Unfortunately we use the false metric of GDP for most comparisons.

Instead, try using business profits AFTER taxes.   Then you will see just how bad things were then, and more importantly are now.

Mon, 07/20/2015 - 09:34 | 6332129 Blitzkrieg77
Blitzkrieg77's picture

2008 was indeed the crash. It lead to the greatest and longest economic "recovery" in U.S. history that never existed. America has been in freefall ever since. But since the shopping malls are still open and we can still follow the KarTrashians, nobody thinks otherwise.

Like I said, what's coming is a first of two bookends. The first economic wave of which will be confused for the "big one". When a significant portion of government bonds become callable in 2016, the second bookend, then you'll see the impact after freefall... the real crash.

The historic war cycle, economic cycle, weather cycle and social unrest cycle are all coming to a head. The last time all simultaneously converged was during the American revolution. I sure as hell wouldn't want to be living in America the next few years. It's going down.

Mon, 07/20/2015 - 02:16 | 6331529 mr.n3utr0n
mr.n3utr0n's picture

The days of the Shmincter are upon us.

Mon, 07/20/2015 - 07:34 | 6331841 omniversling
omniversling's picture


The days of the Sphincter are upon us.

Mon, 07/20/2015 - 00:59 | 6331428 malek
malek's picture

One has to understand that Armstrong is not necessarily predicting a "big bang" kind of event on October 1st.

He is forecasting some kind of major turn -maybe by a final straw on the camel's back way- which might be realized only many months later.

Mon, 07/20/2015 - 09:08 | 6332060 ejmoosa
ejmoosa's picture

The Camel is already dead.  But like any addict, he is so hopped up on fiat currency, he just doesn't know it yet.

Mon, 07/20/2015 - 09:18 | 6332096 Stuck on Zero
Stuck on Zero's picture

One hump or two?

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