Martin Armstrong--Economy Heading Nowhere But Down #2723

Socialism is not about helping people, it's about government helping itself to your money. Unemployment rises while costs go up and prices are going up. So we have inflation and deflation taking place at the same time. An economic downturn is virtually assured. The Euro System is breaking down before our eyes. All the countries of the Euro are doing badly. The bondholders are being supported against the people. The result will be tragedy.