Economist: Financial Collapse Will Cause Civil Unrest to Erupt in America
by 2016
Rampant corruption combined with economic woes to spark "revolution".
Economist Martin Armstrong is predicting that rising resentment against the
status quo as a result of economic inequality is likely to cause a serious
political uprising before 2016.
“It looks more and more like a serious political uprising will erupt by
2016 once the economy turns down. That is the magic ingredient. Turn the economy
down and you get civil unrest and revolution,” writes Armstrong.
In making the forecast, the economist cites the case of 90-year-old World
War 2 veteran Arnold Abbott, who is being targeted by authorities in Fort
Lauderdale for defying a newly passed city ordinance that criminalizes feeding
the homeless, an example says Armstrong of how “laws in the USA have simply gone
nuts.”
Armstrong, who correctly predicted the 1987 Black Monday crash as well as
the 1998 Russian financial collapse, asserts that the downfall of the system
will be its inability to gauge the anger that Americans currently feel towards
their government.
“You just cannot make up this stuff. And the Democrats cannot figure out
that the people are getting pissed-off at who is ever in office? And what about
the police?” asks Armstrong. “Is this just turning into thugs with badges who
just enforce whatever law some nut-job politician writes? What if they passed a
Herod type law to curb population and decree that everyone must kill their
first-born. When does reason ever return to the police force these days? They no
longer protect the people – they protect the politicians against the people.”
As we reported back in August, the U.S. Army is preparing for civil unrest
in the United States. A 132-page document entitled U.S. Army Techniques
Publication 3-39.33: Civil Disturbances outlines how troops may be required to
deal with “unruly and violent crowds” where it is “necessary to quell riots and
restore public order.”
Riots which rocked Ferguson, Missouri earlier this year and threaten to
reignite should Officer Darren Wilson be acquitted illustrate how single events
can spark sustained social unrest.
However, more widespread dislocation is only likely to occur in the
aftermath of an economic collapse which impacts a huge number of Americans. As
we have seen in numerous countries across Europe, including in Belgium just
today, crippling austerity measures combined with anemic economic growth have
set the stage for violent unrest.
In a February 2013 article entitled Why the Banking Elite Want Riots in
America, we outlined why the political class is perfectly content to engineer
and exploit social unrest as a means of paving the way for the IMF to engage in
its tried and tested method of asset stripping and looting a nation.
With polls showing some 74% of Americans are already angry or dissatisfied
with the government, further economic hardship could prove to be the straw that
breaks the camel’s back.
[source: Paul Johnson, InfoWars.com]
Urban Man reply: I believe this article hits it on the head. Just look how people reacted on "black Friday" sales at the local shopping malls.
Urban Man