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Will We Collapse By August 7th, 2013?~Martin A. Armstrong
Copyright Martin Armstrong All Rights Reserved August 29th, 2012
1
Will we Collapse by
August 7
th, 2013?
Former Clients familiar with the Economic Confidence Model have asked is this a rapidly advancing cycle as was the cast in 1989? The Answer to that question appears to be YES! There, we had the 1987 Crash on the half cycle followed by the collapse of Japan in 1989, and then the rise and fall of South East Asia as the US S&P 5oo bottomed precisely with the low of that wave in 1994. The accuracy was astonishing from the 1987 Crash right to the day, the peak in Japan 1989.95, and then the precise day of the low in 1994. This wave appears to be working in a very similar manner. This means August 7th, 2013 we must be very careful about next year. We will be looking at the global markets at the upcoming conferences around the world. So yes! This is a very serious development. We may not last until 2015.75 and that could be the complete economic meltdown.
The US Government is closing its Iron Curtain around everything. Not only are European banks throwing Americans out, HSBC will not deal with Americans in Asia, American Express will not issue any card to an American even working for a foreign company outside the USA. The Post Office will not allow you to mail any cash. European mutual funds are now refusing to accept American clients and US mutual funds are starting to retaliate refusing to accept Europeans. Even the Hedge funds are being put at risk from draconian US laws that any foreign entity who deals with an American, must report what that American is doing overseas or their own assets will be confiscated in the USA. This whole thing is going completely nuts. This is not freedom, justice for all, nor “capitalism” – it .
