Greg Hunter – Legendary geopolitical and financial analyst Martin Armstrong continues to be bullish on America. Armstrong contends, “The U.S. economy has been the only thing holding up the world. People do not realize what is the difference between the U.S. vs. the rest of the world? China respects it, and they are starting to move in the proper direction. . . . The United States has the biggest consumer market, which is why everybody wants to sell here. China now realizes the mistake. China is going to turn inward and try and develop its own consumer market.”
Things are not looking good for the long term viability of the euro. Armstrong says, “Because Europe is a basket case, the likelihood of the euro going to completely fall apart is actually quite high. What did the euro do? It basically replaced 28 currencies. So, the diversity has been shot.” Continue reading