The Sovereign Debt Crisis on Schedule

:Crisis Wave:

The last Public Wave peaked in 1981.35 and we began this Private Wave in 1985.65 which happened to mark the Plaza Accord and the birth of G5. It is the Private Wave where volatility rises as people become disillusioned with corruption in government. They will be forced to turn to private assets when they wake up and see that government debt is just hopeless. They are keeping interest rates historically low which saves them a fortune right now, but as rates propell higher, the entire system will collapse. Those who have bought bonds at these rates will lost their shirt, pants, house, wife, kids, and the dog.



[link to armstrongeconomics.com]