Violence. Rioting. Looting. Economic collapse and civil unrest. This isn’t a dystopian movie plot, but something else according to an economist with a good track record for prognostication: America’s dark future.
The economist is Martin Armstrong, whose correct predictions include the 1987 Black Monday crash and the 1998 Russian financial implosion. And now he’s predicting civil unrest in America by 2016, precipitated by an economic collapse which he calls “the magic ingredient.” “Turn the economy down,” he continued, “and you get civil unrest and revolution.”
In addition, however, in a post that seems highly visceral but still expresses an important truth, Armstrong speaks of other contributing factors. Writing how “laws in the US have really gone nuts” and citing the recent case of a 90-year-old Floridian arrested for feeding the homeless, he writes:
You just cannot make up this stuff. And the Democrats cannot figure out that the people are getting p[*****]-off at who is ever in office? And what about the police? Is this just turning into thugs with badges who just enforce whatever law some nut-job politician writes? What if they passed a Herod type law to curb population and decree that everyone must kill their first-born? When does reason ever return to the police force these days? They no longer protect the people — they protect the politicians against the people.
In fact, the nonagenarian Good Samaritan’s plight isn’t even the most striking example of laws gone wild. We’ve also heard about a six-year-old charged with sexual harassment for giving a little girl a peck on the cheek, children’s lemonade stands shuttered by police for being “unlicensed,” and young schoolboys suspended for shaping fingers or Pop-Tarts like guns.
But while little citizens’ use of imaginary weapons is verboten today, Big Brother’s use of real ones is a different matter. As Infowars Paul Joseph Watson writes about Armstrong’s prediction:
As we reported back in August, the U.S. Army is preparing for civil unrest in the United States. A 132-page document entitled U.S. Army Techniques Publication 3-39.33: Civil Disturbances outlines how troops may be required to deal with “unruly and violent crowds” where it is “necessary to quell riots and restore public order.”
Riots which rocked Ferguson, Missouri earlier this year and threaten to reignite should Officer Darren Wilson be acquitted illustrate how single events can spark sustained social unrest.
However, more widespread dislocation is only likely to occur in the aftermath of an economic collapse which impacts a huge number of Americans. As we have seen in numerous countries across Europe, including in Belgium just today, crippling austerity measures combined with anemic economic growth have set the stage for violent unrest.
And what would precipitate our economic collapse? Many observers have warned that our runaway spending and loose monetary policy constitute a ticking time-bomb. An apocryphal passage that became quite popular after the 2000 election explains this phenomenon well:
A democracy cannot exist as a permanent form of government. It can only exist until the people discover they can vote themselves largess out of the public treasury. From that moment on, the majority always votes for the candidate promising the most benefits from the public treasury, with the result that democracy always collapses over a loose fiscal policy — to be followed by a dictatorship.
Many would respond that this is precisely why our founders created a republican form of government with a constitution prescribing limited federal powers. But as economist Dr. Walter Williams has oft lamented, we increasingly operate more and more like a democracy. As he put it, “Today’s Americans think Congress has the constitutional authority to do anything upon which they can get a majority vote.”