As for ...the worst of what is coming won't kick in until after 2016... do you think this is still the case with the UK and Europe? I kind of got the impression that America would be going through what we will around 18 months afterwards.
Yeah but for as long as the safe haven of USA is still standing then won't that provide a some buffer against total collapse? The wealthy Europeans can move their capital out to the USA. It is when the USA turns down hard, that the world will really be chaotic.
Armstrong finally sets the exact date of the global collapse.
http://www.welt.de/finanzen/geldanlage/article140550440/Es-wird-zu-einem-grossen-Crash-kommen.htmlArmstrong: There's nothing left, where you can tuck his money in good conscience. Maybe it will again give you the opportunity in America after the bursting of the sovereign debt bubble [after October 1, 2015], after a pullback in equities to enter. But then at some point it's over.
Die Welt: What does your model?
Armstrong: The great crash will come. 2017 or 2018th
If anyone can speak German and give us a more accurate translation, that might be useful.