QUESTION: Mr. Armstrong; You pick themes that are not really just political on the surface, but beneath you are connecting the dots economically. This is what I read between the lines for you do not always emphasize it in every post why you will address issues like migration and civil unrest. Are these serious issues to the economic backdrop?
HW
ANSWER: Oh yes. Perhaps I just understand that is the backdrop so I do not openly restate it because it is obvious to me. Not a very good communication tactic on my part. To explicitly state this, when the economy turns downward, people will then blame migrants. Today, they label this as racist. That is simply not true. It really has nothing to do with race or religion. We saw civil unrest turn to violence during the 1840s when there was a wholesale State level Sovereign Debt Crisis in the United States. That was against the Irish who were the same race, but were at least Catholics that the Protestants did not like back in Europe.
During such period of civil unrest, capital contracts and begins to hoard. This is what caused the German Hyperinflation for that was a 1918 Communist Revolution which overthrew the German Emperor. We also find hoards of ancient coins from periods of economic stress. The 3rd century AD is when we have the most hoards, but they tend to cluster also around civil unrest and civil wars. If people are fearful or uncertain about the future, they do NOT spend and they contract. So the global trend I am highlighting with respect to rising civil unrest is important economically. The fact that this trend is WORLDWIDE, is particularly alarming for it further supports the fact that we are in the Sixth Wave and 2032 will be the generational change of monumental proportions.
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