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Armstrong, dollar, Economic collapse, economics, Federal Reserve, financial collapse, hyperinflation, interest rates, money, Yellen

Martin Armstrong Warns: Economic Holy Hell About to Unleash Soon

As Economic Commentator Martin Armstrong Warns Us:

“Thursday’s decision to delay yet again the long-awaited liftoff from zero interest rates is illustrating that the world economy is totally screwed.

There is a lot of speculation about why the Fed seems so reluctant to “normalize monetary policy”

The Fed is really caught between a rock and a very dark place. Yes, they have the IMF and the world pleading with them not to raise rates for it will hurt other debtors who borrowed excessively using dollars to save money.
The Fed is also caught between domestic policy objectives that dictate they MUST raise rates of they will bankrupt countless pension funds and international where emerging markets will go into default because commodities have collapsed and they have no way of paying off this debt that has risen to about 50% of the US national debt.
By avoiding the normalization of interest rates (hikes), the Fed has encouraged government to spend far more than they realize because money is cheap. This will eventually light the fire under the economy helping to fuel the Sovereign Debt Crisis. There appears to be no hope for the Fed and they will be forced to raise rates only when they see asset inflation in equities. Then they will have no choice.
This is the worst possible mess and the longer they have waited to normalize interest rates, the worst the total crisis is becoming for they will have zero control over the economy and once that is seen, holy Hell will break loose.
Read more at Zerohedge.com or at Armstrong’s original article: Yellen is Trapped in the Worst Nightmare Ever
Expect inflation (hyperinflation) soaring gold and silver prices, and the kind of economic chaos that leads to things like a great depression, world war, and dictatorship.
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About David Montaigne

Historian, investigator, and author of prophecy books like End Times and 2019, and Antichrist 2016-2019

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