{"id":10226,"date":"2015-07-20T06:53:12","date_gmt":"2015-07-20T11:53:12","guid":{"rendered":"http:\/\/olduvai.ca\/?p=10226"},"modified":"2015-07-20T06:53:12","modified_gmt":"2015-07-20T11:53:12","slug":"governments-worldwide-will-crash-the-first-week-of-october-according-to-2-financial-forecasters","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=10226","title":{"rendered":"Governments Worldwide Will Crash the First Week of October \u2026 According to 2 Financial Forecasters"},"content":{"rendered":"<h3 class=\"entry-title\"><a href=\"http:\/\/www.washingtonsblog.com\/2015\/07\/governments-worldwide-will-crash-the-first-week-of-october-according-to-2-financial-forecasters.html\" target=\"_blank\">Governments Worldwide Will Crash the First Week of October \u2026 According to 2 Financial Forecasters<\/a><\/h3>\n<p><em>Update: Please see correction at the end.<\/em><\/p>\n<p>Two well-known financial forecasters claim that virtually all governments worldwide will be hit with a gigantic economic crisis in the first week of October 2015.<\/p>\n<div><a href=\"http:\/\/www.washingtonsblog.com\/wp-content\/uploads\/2015\/07\/Armstrong-Painting.jpg\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/www.washingtonsblog.com\/wp-content\/uploads\/2015\/07\/Armstrong-Painting-1024x851.jpg\" alt=\"Armstrong Painting\" width=\"790\" height=\"656.6875\" \/><\/a><br \/>\n<em>Martin Armstrong<\/em><\/div>\n<p>&nbsp;<\/p>\n<p>Martin Armstrong is a controversial market analyst who correctly predicted the 1987 crash, the top of the Japanese market, and many other market events \u2026 more or less\u00a0<em>to the day<\/em>.\u00a0\u00a0 Many market timers think that Armstrong is one of the very best.<\/p>\n<p>(On the other hand, he was\u00a0<a title=\"jailed for 11 years\" href=\"http:\/\/dealbook.nytimes.com\/2011\/03\/15\/ex-adviser-out-of-jail-after-11-years-including-7-for-contempt\/?_r=0\" target=\"_blank\">jailed for 11 years<\/a>\u00a0on allegations of contempt, fraud and an alleged Ponzi scheme. Armstrong\u2019s supporters say the government jailed him on\u00a0<a title=\"trumped-up charges as a way to try to pressure him into handing over his forecasting program\" href=\"http:\/\/forecaster-movie.com\/en\/the-forecaster\/\" target=\"_blank\">trumped-up charges as a way to try to pressure him into handing over his forecasting program<\/a>).<\/p>\n<p>Armstrong has predicted for years that governments worldwide would melt down in a crisis of insolvency and lack of trust starting this October.\u00a0 Specifically, Armstrong\u00a0<a title=\"predicts\" href=\"http:\/\/www.armstrongeconomics.com\/armstrong_economics_blog\" target=\"_blank\">predicts<\/a>\u00a0that a major cycle will turn on\u00a0<em>October 1, 2015<\/em>, shifting investors\u2019 trust from the public sector and governments to the private sector.<\/p>\n<p>Unlike other bears who predict that the stock market is about to collapse, Armstrong predicts that huge sums of capital will flow from bonds and the Euro into American stocks.\u00a0 So he predicts a huge bull market in U.S. stocks.<\/p>\n<div><a href=\"http:\/\/www.washingtonsblog.com\/wp-content\/uploads\/2015\/07\/Edelson-Paint-Painting.jpg\" target=\"_blank\"><img decoding=\"async\" src=\"http:\/\/www.washingtonsblog.com\/wp-content\/uploads\/2015\/07\/Edelson-Paint-Painting.jpg\" alt=\"Edelson Paint Painting\" width=\"790\" height=\"499.778024419\" \/><\/a><br \/>\n<em>\u00a0Larry Edelson<\/em><\/div>\n<p>&nbsp;<\/p>\n<p>Edelson is another long-time student of cycle theory.\u00a0 Edelson \u2013 a big fan Armstrong \u2013 has also studied decades of data from the\u00a0<a title=\"Foundation for the Study of Cycles\" href=\"http:\/\/www.google.com\/search?hl=en&amp;client=firefox-a&amp;rls=org.mozilla%3Aen-US%3Aofficial&amp;hs=9ui&amp;q=%22foundation+for+the+study+of+cycles%22&amp;aq=f&amp;oq=&amp;aqi=\" target=\"_blank\">Foundation for the Study of Cycles<\/a>.<\/p>\n<p>Edelson is\u00a0<a title=\"predicting\" href=\"http:\/\/www.moneyandmarkets.com\/reports\/RWR\/blackoctober\/vext-float\/?ccode=&amp;em=&amp;sc=BEARM&amp;ec=6682106\" target=\"_blank\">predicting<\/a>\u00a0the biggest financial crisis in world history \u2013 including a collapse of government solvency \u2013 starting on\u00a0<em>October 7, 2015<\/em>\u00a0\u2013 the same week as Armstrong\u2019s prediction \u2013 when the European Union\u00a0<em>breaks up<\/em>.<\/p>\n<p><span class=\"Apple-style-span\">Edelson also thinks that huge sums of investment will flow from the Eurozone to America, driving up U.S. stocks (unlike Armstrong, Edelson thinks U.S. bonds will also benefit). He thinks that Japan will be the next domino to fall \u2026 and that Japan\u2019s default will also drive investments into the U.S. as a safe haven.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Governments Worldwide Will Crash the First Week of October \u2026 According to 2 Financial Forecasters Update: Please see correction at the end. Two well-known financial forecasters claim that virtually all governments worldwide will be hit with a gigantic economic crisis in the first week of October 2015. Martin Armstrong &nbsp; Martin Armstrong is a controversial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[7410,236,238,239,279,452,7409,5479,6364,5510],"class_list":["post-10226","post","type-post","status-publish","format-standard","hentry","category-economics","tag-cycle-theory","tag-economic-collapse","tag-economic-crash","tag-economic-crisis","tag-eu","tag-japan","tag-larry-edelson","tag-martin-armstrong","tag-us-stocks","tag-washingtons-blog"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10226"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10226\/revisions"}],"predecessor-version":[{"id":10227,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10226\/revisions\/10227"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}