Interview: Neocons need war because currency system is collapsing

Watch the video above p. Click here for the latest USAWatchdog interview.

Comment by Greg Hunter:

Legendary financial and geopolitical analyst Martin Armstrong said late last year that the US was preparing for a “nightmare fall.” Train derailments and political issues spiral out of control, but the biggest threat is war. Armstrong explains: “They want war, but they also need it because the monetary system is collapsing. . . . You have had negative interest rates since 2014. So, all of a sudden, interest rates go up. Any bond held by any institution in Europe is unprofitable. They lost so much money, it’s unbelievable. What’s happening? Nobody cares about long-term debt. . . . If interest rates rise, then rates will rise because the Fed cannot stop this kind of inflation. Then you have a war. You have untold billions of dollars sent to Ukraine, which is absurd. This is what you have. . . . You also have to look at what Janet Yellen said and she was worried about a ton of new debt. You exceed the balances of the Primary Dealers. To become a primary dealer, you must be able to guarantee that you can buy X amount of debt. If you can’t sell it, what happens? The bank is stuck with debts, and then they go bust. So we have a real problem here. They cannot keep issuing this kind of debt forever. They’ve been borrowing money since World War II with no intention of paying back. . . . The Fed is independent and they don’t need long-term debt. They were moving towards the short end of the curve. How do you keep funding the government if there are no buyers for the debt? It’s on a global scale.”

So war is everything? Armstrong says, “Absolutely. They are going to default on all this debt, which is the real target. That’s why (Klaus) Schwab says you’ll have nothing and you’ll be happy. He’s trying to make it sound like they’re doing it for you. We will default on all debts and get you out of all your debts. This is because they are going to destroy everything. Pension funds will disappear. That’s why they come out with a guaranteed basic income to replace your pension. They have it all worked out. That’s what the end goal is, because they can’t continue to function that way. They can’t keep borrowing everything they need without the intention of ever giving it back.”

Armstrong explains why the 2024 election may not take place. Can the Deep State commit enough electoral fraud to keep Biden and the rest of the neocons in power? Armstrong says that most of what is happening today is the fault of the neoconservatives, and they control both sides. Armstrong points out that Democrat Hillary Clinton paid for the fake Trump/Russia dossier and Republican John McCain turned it over to the FBI. Armstrong calls it “One Party” and delves into the problems neoconservatives deliberately create.

Armstrong also talks about the dollar, gold, civil unrest, physical assets and the war in Ukraine. Armstrong’s sources say the real number of Ukrainian army casualties is a whopping 250,000. Armstrong says Russia is NOT losing the war. This is a win.