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January 20, 2016 | Davos – The Collapse in TRUST

Martin Armstrong

Martin Arthur Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed.

DAvos

The most telling sign that we are heading into a real political economic shit storm is the fact that “TRUST” is collapsing on all sides. Obama is looking for any opportunity to disarm Americans. Why? This is simply because government is in trouble and they no longer “trust” the people. Likewise, the “rich” are starting to withdraw their money from investments that would create jobs because they are worried about the rising discontent among the majority of the population. Then we have the collapse in “trust” among anyone who is a career politician. So welcome to the theme of Davos — the collapse in “trust”.

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January 20th, 2016

Posted In: Armstrong Economics

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