Comment by Hans: Mr. Armstrong, thank you for speaking the truth about the timeline of this war with Ukraine. Every news story here in Europe says the same thing. Russia was unprovoked. Never in my entire life have I ever witnessed such outright lies by the press. I do not see the Europeans rising up to overthrow these governments. We are sheep being led to the slaughter. You have forecasted that the euro will no longer exist, and they are rapidly moving to digital currencies, which will be, as you say, for capital control. We will not be able to leave or get our money out. [...] I think it is time to prepare for the future sooner than later.
Reply by Martin Armstrong: It gives me no pleasure to live through Socrates’ forecasts [...] The euro has broken last year’s low and is still trading below it. We have a very serious Panic Cycle for Europe next year [2026], and they are pushing to cancel the currency’s move to digital as soon as possible. All they look at is capital controls, which will prevent bank runs and stop capital fleeing. They are trying to control their risk of the collapse of the EU. [...] Lagarde runs the ECB, pushing for the cancellation of the currency and moving to digital [by October 2025]. This is about taxes all over again.
» From about May 15th 2025 on, Europe is going into war,
Europe will lose, and the Euro will become extinct. «
Martin Armstrong, March 1, 2025.
Martin Armstrong, March 1, 2025.
[...] I have been warning that we are approaching World War III as a distraction from the collapse of sovereign debt in Japan and Europe. The total outstanding government and corporate bonds globally have now exceeded $100 trillion in 2024, as reported by the OECD. As I have also been warning, the central banks have been neutered. They can no longer fight inflation by raising interest rates because government debt just explodes. Governments have NO INTENTION of ever paying off their debt. They think there is no end to this game.
» We are approaching World War III as a distraction from the collapse of sovereign debt in Japan and Europe.
Germany is heading into a very serious debt crisis for 2026. PANIC Cycles in 2026 around the globe.
Major recession globally into 2028. EU prepares for war as a distraction from their inevitable collapse by 2029. «
[...] While central banks are cutting interest rates, borrowing costs remain much higher than before 2022’s rate hikes because the ECM, in particular, went to negative interest rates in 2014, which only encouraged governments to issue more debt. This all comes at a time when the EU wants to fund an army and prepare for war as a distraction from their inevitable collapse by 2029.
[...] Germany is heading into a very serious debt crisis for 2026, and this does not bode well for Europe or the Euro. Nearly HALF of ALL outstanding government debt among OECD countries and emerging markets and around ONE THIRD of corporate debt will mature by 2027. Our computer is showing PANIC Cycles in 2026 around the globe. The defaults come when you cannot sell the NEW debt to pay off the old. [...] Everything is coming to the point of a major Sovereign Debt default that the government will not survive. [...] Add the trade wars and what our model shows a major recession globally into 2028; it is hard to see how many countries can even make it to 2029.
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