Yes, the world is in deep shit. 2008 crash was papered over and we went on a printing spree, printing trillions of Euros, Dollars, Yen and more.
FROM AN ECOMONIC VIEWPOINT THIS IS WHAT MARTIN ARMSTRONG SAYS about what's coming.
Martin Armstrong— ECONOMIC CONFIDENCE MODEL
From an economic viewpoint, the economy turned down Wed. Sep. 30, 2015 on a global scale coinciding with our Cycle of War on the international model.
We should see the economy turn downward into a steeper recession moving into Tue. Oct. 24, 2017, which is the next turning point on the Economic Confidence Model followed thereafter by Tue. Jun. 12, 2018. Caution is advisable for it appears we should see an overall recessionary trend emerge on a global scale this time.
The critical political target on our Pi Model will be Mon. Oct. 22, 2018, where typically important political events unfold. Overall, this economic decline should continue into the next low of the Economic Confidence Model which will be due on Sat. Jan. 18, 2020.
RE: The Economist Magazine Cover.