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Page added on November 6, 2014
Financial Collapse Will Cause Civil Unrest to Erupt in America by 2016
Economist Martin Armstrong is predicting that rising resentment against the status quo as a result of economic inequality is likely to cause a serious political uprising before 2016.
“It looks more and more like a serious political uprising will erupt by 2016 once the economy turns down. That is the magic ingredient. Turn the economy down and you get civil unrest and revolution,” writes Armstrong.
In making the forecast, the economist cites the case of 90-year-old World War 2 veteran Arnold Abbott, who is being targeted by authorities in Fort Lauderdale for defying a newly passed city ordinance that criminalizes feeding the homeless, an example says Armstrong of how “laws in the USA have simply gone nuts.”
Armstrong, who correctly predicted the 1987 Black Monday crash as well as the 1998 Russian financial collapse, asserts that the downfall of the system will be its inability to gauge the anger that Americans currently feel towards their government.
“You just cannot make up this stuff. And the Democrats cannot figure out that the people are getting pissed-off at who is ever in office? And what about the police?” asks Armstrong. “Is this just turning into thugs with badges who just enforce whatever law some nut-job politician writes? What if they passed a Herod type law to curb population and decree that everyone must kill their first-born. When does reason ever return to the police force these days? They no longer protect the people – they protect the politicians against the people.”
As we reported back in August, the U.S. Army is preparing for civil unrest in the United States. A 132-page document entitledU.S. Army Techniques Publication 3-39.33: Civil Disturbances outlines how troops may be required to deal with “unruly and violent crowds” where it is “necessary to quell riots and restore public order.”
Riots which rocked Ferguson, Missouri earlier this year and threaten to reignite should Officer Darren Wilson be acquitted illustrate how single events can spark sustained social unrest.
However, more widespread dislocation is only likely to occur in the aftermath of an economic collapse which impacts a huge number of Americans. As we have seen in numerous countries across Europe, including in Belgium just today, crippling austerity measures combined with anemic economic growth have set the stage for violent unrest.
In a February 2013 article entitled Why the Banking Elite Want Riots in America, we outlined why the political class is perfectly content to engineer and exploit social unrest as a means of paving the way for the IMF to engage in its tried and tested method of asset stripping and looting a nation.
With polls showing some 74% of Americans are already angry or dissatisfied with the government, further economic hardship could prove to be the straw that breaks the camel’s back.
29 Comments on "Financial Collapse Will Cause Civil Unrest to Erupt in America by 2016"
Plantagenet on Thu, 6th Nov 2014 7:19 pm
Obama says the US economy is doing great, with low gas prices and green shoots and lots of jobs. Who are we supposed to believe on this….our President or some economist who spends his time looking at the numbers and data and who has an excellent record of predicting market crashes?
Makati1 on Thu, 6th Nov 2014 7:55 pm
Whatever their reason, sometimes Infowars is spot on. I have been saying for a long time that the goal of all that is happening is to level the income playing field and eliminate that pesky over-consuming middle class. The one that still has dreams and some clout via the dollar, but is not yet on the government dole.
Back off an look at the world as a whole. The elite do. They are not Americans or Europeans or Chinese or Japanese or… They are global in their thinking.
Ebola Africa, and if some spills out over the globe, it is a good thing.
Make non-GMO crops illegal and then some year, don’t sell any seed. Oops!
Reduce their incomes and take away the middle class homes, slowly so that they don’t take those 200+ million guns into the streets.
Ease them into the 3rd world slowly so they don’t wake up and feel that big government broom handle up their butts. Or those huge chains tying them to the corrupt banking system for life.
A list of all of the means and methods they are using would go on for hundreds of pages. Step back, take a deep breath and look at the world, not just your neighborhood. What is happening to the whole world is going to happen next door, and very soon.
GregT on Thu, 6th Nov 2014 8:09 pm
Nothing to worry about folks. Hillary will be POTUS by then. What could possibly go wrong?
americandream on Thu, 6th Nov 2014 8:15 pm
My disagreement with him lies in the fact that he is an economist and not a practitioner of social economy. You cannot divorce the economy from its cultural drivers and capitalisms cultural drivers have essentially neutralised dissent as a form of political engagement. Therefore any dissent tends to be localised, confused and quickly capped.
bobinget on Thu, 6th Nov 2014 8:53 pm
Is President O making this up too?
http://finviz.com/futures.ashx
http://news.yahoo.com/russian-ruble-hits-time-low-sanctions-bite-160127744–finance.html
http://www.barchart.com/stocks/athigh.php
Norm on Thu, 6th Nov 2014 9:05 pm
That homeless law might be reasonable. They food supplier may be doing it too close to homes and businesses. There is something in the law about, not within 500 feet of homes. So it could be a lunatic media feeding frenzy with cross distortion of the issue. Does not the home owner have a right to peace and quiet and not bring in a bunch of losers to his property?
Preston Sturges on Thu, 6th Nov 2014 11:35 pm
>My disagreement with him lies in the fact that he is an economist and not a practitioner of social economy.
Look no further than FA Hayek for an economist who humiliated himself by dabbling in sociology. He said in 1945 that union labor and school lunches would inevitably lead to liberal-run death camps, a belief that many infowars readers have taken to heart. Strange that they put so much faith in the sociological dabblings of an Austrian in 1945.
Jonathan Hansen on Fri, 7th Nov 2014 1:31 am
I’ve heard pridictions like this for at least the last 15 years. I’ll believe them when I see it. As a Socialist I don’t know why it hasn’t happenened in the last 30 years of my life!
wildbourgman on Fri, 7th Nov 2014 7:52 am
Jonathan, the reason it hasn’t happened in the last 30 years is because people would have to actually pay attention in order to realize that there is a reason for unrest. It’s a mass A.D.D. that has taken over the country along with the high comfort level that even the most impoverished among us live in.
Now if the social welfare system in America goes through some “crippling austerity measures” we might see some civil unrest here too.
paulo1 on Fri, 7th Nov 2014 7:59 am
Hey…these predictors
JHK has been predicting economic collapse way before this guy. It just hasn’t happened, yet.
No one knows what will happen much less predict it. And if there is unrest, like Fergusson, will the MSM report it after their 2 week attention window is up? What if the unrest occurs during the Oscars, or the 2016 election race? What if Kim Kardashian is pregnent?
Are there no articles today on Baaken decline or the price of Brent?
Paulo
Davy on Fri, 7th Nov 2014 8:14 am
Paulo, as a STL native Ferguson was a joke. It was a bunch of natives, gang bangers, and Sharpton types getting air time. The police were getting the wrong kind of air time showing off their incompetence.
The amount of people involved was insignificant. It was a media joke for tabloid consumption. The potential is there all over the country though and it should be a warning of the potential of larger things to come.
.5my on Fri, 7th Nov 2014 9:14 am
I for one am going to say the hell with the limits and buy a carton of camels. Things are bad, I hope they get worse because I do love to fish and wish I could have a smoke.
noobtube on Fri, 7th Nov 2014 9:22 am
I always thought you were a self-important American scumbag who likes to think their “exceptionalism” protects them from the realities of the planet Earth.
When the time comes for the American garbage to see what life is really like, because of American tyranny, not anyone else on this planet will interfere with the unrelenting misery that the Americans have brought on their own heads.
I hate Americans, because of their self-important attitude (oooh, look at me, I am better than “those” people, a bunch of unelected scumbags carrying guns are always right).
That is why Americans (and “the West” or “the Waste”) are old and dying, while the so-called “third world” (which is the real world) is young and growing.
Americans are a vicious cancer that will be cut from this planet.
The time is drawing near.
bobinget on Fri, 7th Nov 2014 9:51 am
As an American who has already lived through a half dozen ‘periods of unrest’… We called them ‘race riots’
What’s new about this prediction?
Income distribution is at its worst ratio ever and we are fiddling with inconsequential social concerns.
Why hasn’t minimum wages been raised?
Climate Change ledislation just got set back, at minimum three precious years and we fiddle.
We need a moderate Republican President to get any carbon tax through congress. When no moderates need apply.
In two years we will find ourselves deeper in “The Big Muddy” with no end in sight. A perpetual war state.
Unemployed RedNecks with guns will make trouble.
Big fing deal. Shooting is just their way of self expression.
Underling sickness of perpetuating violence has be come our credo.
action on Fri, 7th Nov 2014 10:05 am
First, the police/army have more bullets than the public Im pretty sure. Second, the reason why this time is different is EROEI.
noobtube on Fri, 7th Nov 2014 11:07 am
The problem with the police and army is that they exist to make things worse.
People don’t stop being hungry or desperate, just because you have a gun (or plane or bombs or nuclear weapons).
Unless the plan is some kind of “Final Solution” in the middle of all-out war, the American state will be destroyed if there is massive, unrelenting, civil unrest (namely the young are bored, and hungry). Look at Mexico or Colombia… police, politicians, judges, and even ex-Presidents are targets.
Fuck the old assholes who created this mess.
penury on Fri, 7th Nov 2014 11:35 am
I do not disagree that a collapse is coming. However, as with most things timing is important. Reading the entrails of a chicken (before dinner) last weekend I found two eggs as a bonus for my breakfast,and gained the insight that knowing the future is easy predicting when is more difficult. As the motto at “Zero Hedge” says “In the long run we are all dead” possibly the only intelligent thing every attributed to Keynes.
Davy on Fri, 7th Nov 2014 11:40 am
Noob, please watch your language. Your being an asshole.
Northwest Resident on Fri, 7th Nov 2014 11:44 am
noobtube said: “Fuck the old assholes who created this mess.”
noob, God isn’t going to appreciate your addressing him in that manner.
But what the heck, you’re going to hell anyway, might as well flip the finger as a last act of defiance. I mean, seriously, you’re living in your own self-made hell right now, you just don’t know it. Heat got to your head?
.5mt on Fri, 7th Nov 2014 1:04 pm
Scratch a doomer find a genocidal maniac.
J-Gav on Fri, 7th Nov 2014 2:18 pm
I beg to differ here on Noob’s latest post. To me it looks almost like progress in his thinking (I’m referring specifically to the first two lines of his comment).
Those two lines are, in my view, not far off the mark even if the rest is rather nebulous.
Here’s why: You have an 8 times greater chance of being killed by an American policeman than by a terrorist. That’s a calcified fact.
But for your information, Noob, age has nothing to do with being an asshole or not …
J-Gav on Fri, 7th Nov 2014 2:21 pm
.5mt – The fishing is fine but, regarding your addendum (i.e. second post), I don’t know what you’ve been smoking, but you might want to change dealers …
Norm on Fri, 7th Nov 2014 8:50 pm
There is no reason to raise minimum wage. If you do, they will just buy more cigarettes. So why bother.
Makati1 on Fri, 7th Nov 2014 9:13 pm
Wow! The racist crowd is obvious here. Having seen the riots in the 70s from the point of view of being an officer of a military unit that was part of it, I can say that that was only a taste of the US’ future. Multiply Ferguson by 10,000+ and put it all over the 48 and see what I mean.
And, no, the military will NOT be able to prevent it. Not in the least. How many in the military are going to fire on Americans? How many are going to desert and go home to protect their families? Ditto for cops. No, there will be no ‘law and order’ when the SHTF. It will break down in the first few days.
The 70s riots were in a few areas. When it is everywhere, it will be out of control and the military will let it burn itself out, while protecting corporate assets, government buildings and military bases, maybe.
To them, you are not worth worrying about. Collateral damage. No different than Iraqis or Afghans or any of the other so called ‘hell hole’ populations we (the USSA) are currently exterminating. Real assets are going to have top priority. Wait and see.
Apneaman on Sat, 8th Nov 2014 2:15 am
noob, it’s the entire human species that is a cancer on this planet. Like all cancers, we will self eradicate by killing the host.
Richard on Sat, 8th Nov 2014 8:21 am
I’m notsure what to make of this assessment. In the Last Oil Shock a book published by a Uk citizen back in June 2005, included though not supported by the book’s author, a french investment back predicted one barrel of crude could cost as much as $300 dollars by 2015.
It’s a longterm trend I imagine.
Preston Sturges on Sat, 8th Nov 2014 12:01 pm
Most doomerism is based on personal revenge fantasies.
Davy on Sat, 8th Nov 2014 12:26 pm
Press, most cornucopianism is the handmaiden of hunger.
John on Sat, 8th Nov 2014 1:27 pm
Total bullshit. Economist are very stupid people. The metrics an analysis they use are far more wrong then ever right. By paying attention to their ‘predictions’, you will quickly realize both points above.
They are seriously disconnected from the real world because they rely upon numbers instead of insight and experience.
This actual ‘prediction’ has been made every year since the 80’s – and it has always been dead wrong.
The “financial collapse” for the average Americunt has already occurred and been underway for over 3 years – and yet nothing happened. This is where economist utterly fail to understand resiliancy, adaptability and outright laziness of Americunts. Right now, they’re still too fucking lazy to rebel and probably will be for a long time yet.
Collapse is deepening around the world, but only here in Amerikaka do we continue to sit on our asses and demand our welfare checks and Obamacare. Other countries rise up – but not here. The apathy of Americunts is legendary.