The Cycles of Power & Economics with Martin Armstrong # 6229
Kerry Lutz and Martin Armstrong discussed the political climate during Trump's administration, focusing on the accountability of government agencies and the judicial system. Marty criticized organizations like NATO for their diminishing relevance and highlighted systemic corruption within the banking sector, noting the lack of consequences for financial institutions. He expressed concerns about the judicial system, particularly in the Southern District of New York, and drew parallels between his legal challenges and the treatment of January 6 defendants. Both speakers emphasized the need for judicial reform, citing the inadequacies of public defenders and the challenges faced by individuals seeking fair legal representation. Marty also shared insights on economic strategies, expressing skepticism about cryptocurrencies and projecting a stock market target of 65,000 by 2032. He highlighted the U.S. government's significant debt burden and proposed innovative solutions, such as issuing stock investment certificates to manage this debt. Marty warned that current borrowing practices are inflationary and detrimental to the economy, advocating for a reduction in government debt to lower mortgage rates and stimulate private sector investment. The discussion extended to the economic crisis in Europe, the implications of the Ukraine conflict, and the potential impact on gold prices, with both speakers expressing anticipation for future economic developments. Find Martin here: https://www.armstrongeconomics.com Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
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