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� � by Martin Armstrong March 31, 2014 from ArmstrongEconomics Website � � �
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� Both of these models converge and as I pointed out at the Cycles of War Conference, this is the first time we have seen this convergence since the 1700s. � � �
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� These are grassroots uprisings cross-fertilized perhaps from a world contagion yet they often have similarities - corrupt governments.
...are all middle-income democracies with elected leaders besieged by people angry at misgovernment, corruption and economic sclerosis. � These days it is no longer just dictators who have something to fear from the crowd. �
This is the promise of Marxism that centralized
planning and false promises are coming home and governments are too corrupt
and incompetent to deliver what they have claimed for decades.
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The promises that you save for the future have collapsed into dust as interest rates have been driven lower making savings utterly worthless. �
There is no such thing as saving and living off
your fixed income. The elderly are being driven back into the work force and
the whole ideas that a generation believed in are vanishing before their
eyes. �
All governments are now the targets and when the
economy turns down after 2015, the threat of civilization will be pulled
apart by the self-interest of politicians clinging to power to the detriment
of the people. � |
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