Greg Hunter – Legendary financial analyst Martin Armstrong says the world is going to be hitting a major “turning point” this fall. Armstrong says this is the end of a 300 year cycle and contends, “This appears to be a peak, as far as governments and bond markets are concerned, and from there, we are going to be turning down. We are in a lot of trouble with most of these governments. Our models say that by 2020, the amount of interest we pay . . . will exceed the entire defense budget. So, this is pretty serious.”

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Armstrong says his model marks the actual turning point on October 15, 2015. So, what’s in store? Armstrong says, “First, you get the deflation, and then, you move to the inflation. It’s kind of like a pendulum–it swings to the extreme to both sides.” Continue reading →