Dennis Tubbergen hosts Martin Armstrong, founder of Armstrong Economics, on RLA Radio. Armstrong discusses his Economic Confidence Model, which predicts economic cycles based on confidence levels. He highlights the impact of debt on economic stability, noting that rising interest on the US national debt could lead to another depression. Armstrong also addresses global economic issues, including Europe's debt crisis and the potential for war as a distraction from financial problems. He predicts a global recession lasting until 2028 and advises caution with government debt, favoring private sector investments. Armstrong emphasizes the importance of understanding global economic dynamics and the inefficiencies within government systems.
Martin A. Armstrong is an economist, financial forecaster, and computer model innovator known for his Economic Confidence Model, which fine-tuned the business cycle to 8.6 years. Encouraged by his father to explore computers in the 1960s, Armstrong combined his expertise in computer science and economics to create one of the first global forecasting models, which gained recognition for its accuracy in predicting market trends and geopolitical events. He founded Princeton Economics International, Ltd., providing institutional analysis and forecasting for global markets. Armstrong's career has been marked by groundbreaking insights into capital flows, market oscillations, and economic cycles, as well as controversies surrounding his legal battles and imprisonment, which he attributed to political and financial interests seeking to suppress his work.
To learn more about our guest, Martin Armstrong, visit ArmstrongEconomics.com.