Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

September 15, 2021 | Boris Johnson Poster Child for Morally Corrupt Politicians?

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.

QUESTION: You refused to advise Boris Johnson. Do you think that was a mistake?

WJ

ANSWER: No. You have to understand that there are meetings where people are seriously interested in talking about options. Then there are people where you are simply there as window-dressing so they can pretend that they listened to experts. All my sources told me to stay away from Boris. That was very disappointing to hear, for I deeply loved London. It was the only city I felt comfortable living in. I even took my children there and we lived on the West End.

Boris Johnson is horrible and a serious disgrace to the very idea of a free society.  He has singlehandedly seriously harmed the British economy and was arguing to allow him to call an election at any time rather than wait for 2024. Fixed dates were set in 2011 to stop the manipulation of the country by prime ministers calling elections when the polls are in their favor. He is now planning to impose lockdowns once again.

The last prime minister to actually be assassinated was in 1812, and the way this is going, I would not want to be prime minister in 2027 and be remembered in history books as a victim. Spencer Perceval is the only British prime minister to have been assassinated by a merchant who blamed the government for his debt. The Financial Panic of 1812 had several causes, including a dramatic decline in cotton prices, and a contraction of credit by the Bank of the United States designed to curb inflation. These COVID restrictions are causing people to lose everything. This alone is an incentive to respond violently.

From 1882 to 1990, six MPs were assassinated by militant Irish republicans. The murder of Jo Cox in 2016 was the last person to be assassinated who was a Labour MP. Then, of course, there was the Brighton hotel bombing by the Provisional Irish Republican Army (IRA), which was an assassination attempt against the top-tier of the British government, including Margaret Thatcher, on October 12, 1984.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.

September 15th, 2021

Posted In: Armstrong Economics

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.