LEAP/E2020 anticipates than the unfolding global systemic crisis will experience in March 2009 a new tipping point of similar magnitude to the September 2008 one. According to our team, at that period of the year, the general public will become aware of three major destabilizing processes at work in the global economy, i.e.:
• the length of the crisis • the explosion of unemployment worldwide • the risk of sudden collapse of all capital-based pension systems
A whole range of psychological factors will contribute to this tipping point: general awareness in Europe, America and Asia that the crisis has escaped from the control of every public authority, whether national or international; that it is severely affecting all regions of the world, even if some are more affected than others (see GEAB N°28); that it is directly hitting hundreds of millions of people in the “developed” world; and that it is only worsening as its consequences reveal throughout the real economy. National governments and international institutions only have three months left to prepare themselves to the next blow, one that could go along severe risks of social chaos. The countries which are not properly equipped to cope with a surge in unemployment and major risks on pensions will be seriously destabilized by this new public awareness.
It is now the 37.33 year Financial Crisis Cycle that will capture the attention of the entire world economy. ... The 37.33 Year Monetary Crisis Cycle target for 2008 appears to be a serious target that will set in motion a cascade of changes that should place stress upon the world economy going into 2011. The high dependency upon foreign capital to fund the US debt will also tend to dry up, forcing greater monetization of the debt and the inevitable collapse of the floating rate system by as early as 2011 if we get past 2008.
Armstrong's work is fun to read. His honest synthesis of various fields of study allows him to uncover truths that give oligarchs the creeps. Locking him up might be interpreted as 'shooting the herald,' making him an enigmatic folk hero among forecasters.
Basically, Armstrong argues a convincing case for the cyclical failure of the NWO.
Sporadic crises, hysterics and smokescreens notwithstanding, Celente's perspective on long decline and "neo-survivalism" seems reasonable. Westerners will experience varying degrees of trauma depending on circumstances and flexibility and mobility, but other parts of the world probably won't suffer as much, having never experienced the same degree of excess. Expressions like "Demise of the Middle Class" resonate: there is a sense that we are about to experience a Great Leveling. Elites beware!