MAY 21, 2018
Please join Greg Hunter as he goes One-on-One with financial and geopolitical expert Martin Armstrong
“They keep talking about the U.S. debt is $20 trillion. Global sovereign debt is over $200 trillion. The U.S. basically is holding up the whole world, and U.S. debt is why it is the reserve currency. Europe couldn’t make it because they could never consolidate the debt. . . . What you have is a crisis that has been building in emerging markets to sell their debt they issued in dollars. The dollar going up is what breaks the back of the world monetary system. . . . On gold, Armstrong sees the yellow metal “fighting a stronger dollar” but predicts it will have its day sometime 2020 to 2021.