It appears the peripheral countries have started to collapse, as we see riots and war fomenting in numerous countries now.
http://armstrongeconomics.com/2014/01/25/the-emerging-market-crisis/The fourth quarter real estate in Singapore turned down showing that the whole Emerging Markets did tend to peak out with the ECM last August. This has led to a flight of investors from the once-booming emerging markets sector that is similar to the shift in what we began to see in 1994 that manifested into the 1997 Asian Currency Crisis. Previously, international investors poured in some $7 trillion-worth of capital inflows into these emerging markets. This shift in capital outflows for emerging markets has only just begun. The details of the capital flows for 2013 have shown that so far it is retail rather than institutional. The outflows amounted to just over $50 billion. This is also how things started in 1994. Eventually, institutional capital left violently in 1997 to get ready for the birth of the Euro in 1998.
In this case, the leader of the trend has not been institutions, but the retail market investors. It has mainly been this group that has packed their bags and moved back to the USA and European share markets. When the big institutional firms join in, reducing their asset allocation models, then we run the risk of a serious wholesale capital flight as we saw in 1997.
China is starting to slow down and the share markets have established their major high back in 2007 and penetrating the 2013 low in 2014, will warn that China could decline all the way into 2020.
Here follows more links with photos and explanations.
http://armstrongeconomics.com/2014/02/09/the-economics-of-war/http://armstrongeconomics.com/2014/02/09/us-pledges-to-defend-japan-winds-of-war/ (U.S.A. vs. China)
http://armstrongeconomics.com/2014/02/08/tensions-for-war-are-rising-globally/http://armstrongeconomics.com/2014/02/07/riots-again-in-brazil/ (Brazil)
http://armstrongeconomics.com/2014/02/07/economic-confidence-collapsing-to-new-lows-in-thailand/ (Thailand)
Our models clearly demonstrate that we are looking at a continued economic slide especially among emerging markets that will put greater pressure behind a rising US dollar. The European banks have a total exposure of more than $3 trillion in emerging markets.
http://armstrongeconomics.com/2014/02/07/18473/ (Bosnia)
http://armstrongeconomics.com/2014/02/07/cycle-of-war-gold-sovereign-debt-conference-march-21st/http://armstrongeconomics.com/2014/02/07/ukraine-force-to-float-currency-because-of-run-on-the-hryvnia/ (Ukraine)
http://armstrongeconomics.com/2014/02/06/russia-demanding-ukraine-crush-the-portesters/http://armstrongeconomics.com/2014/02/05/ukraine-becoming-the-real-focal-point/http://armstrongeconomics.com/2014/02/03/american-tanks-returning-to-europe/ (U.S.A. vs. Russia)
http://armstrongeconomics.com/2014/01/31/ukraine-doomed-after-the-olympics/http://armstrongeconomics.com/2014/01/30/the-shocking-truth-in-ukraine-mainstream-will-not-report/http://armstrongeconomics.com/2014/01/24/tension-everywhere-rising/ (Australia vs. Indonesia)
http://armstrongeconomics.com/2014/01/23/ukraine-the-revolution-in-full-motion/http://armstrongeconomics.com/2014/01/23/the-collapse-of-a-country-this-is-what-it-looks-like-confidence/ (Argentina currency crisis)
http://armstrongeconomics.com/2014/01/20/ukraine-a-glimpse-of-what-is-to-come/http://armstrongeconomics.com/2014/01/17/violent-rioting-is-spain-spreads/ (Spain)
http://armstrongeconomics.com/2014/01/17/riots-in-spain-turning-massively-violent/http://armstrongeconomics.com/2014/01/16/ukraine-cracking-down-on-protesters-shutting-off-internet/http://armstrongeconomics.com/2014/01/12/civil-unrest-erupting-in-turkey/ (Turkey)
http://armstrongeconomics.com/2014/01/07/1000s-protesting-in-hong-kong-for-democracy/ (Hong Kong)
http://armstrongeconomics.com/2014/01/07/separatist-movements-are-also-alive-in-the-usa-goodbye-california/http://armstrongeconomics.com/2014/01/06/workers-barricade-boss-inside-plant-in-france/ (France)
http://armstrongeconomics.com/2014/01/04/civil-unrest-rising-in-europe/ (Europe)
http://armstrongeconomics.com/2014/01/01/pravada-predicts-russia-will-restore-soviet-union-by-2025/ (Russia)
http://armstrongeconomics.com/2013/12/29/lebanon-1982-the-first-war-the-computer-predicted-on-its-own/ (Lebanon computer prediction in 1982)
http://armstrongeconomics.com/2013/12/29/the-coming-french-revolution/ (France)
http://armstrongeconomics.com/2013/12/29/fema-camps-the-real-issues/ (U.S.A. FEMA concentration camps)
The FEMA camps are to arrest civilians when they realize Social Security and the rest of the socialist agenda including pensions are collapsing.
The FEMA camps exist purely because the debt structure is collapsing and those in the bowels of the bureaucracy are scared to death of what they see economically in Europe and the rising civil unrest. There was the incident of 1932 known as the Bonus Army that marched on Washington. That was one of the primary reasons Hoover lost the election because he allowed the troops to move in with tanks against civilians with women and children.
http://armstrongeconomics.com/2013/12/20/puerto-rico-teachers-protesting-over-cuts-in-pensions/ (Puerto Rico)
http://armstrongeconomics.com/2013/12/18/turkey-is-on-the-verge-of-real-civil-unrest/http://armstrongeconomics.com/2013/12/14/riots-in-singapore/ (Singapore)
http://armstrongeconomics.com/2013/12/13/fireman-battle-police-in-brussels/ (Brussels)
http://armstrongeconomics.com/2013/12/12/italian-protester-armed-with-pitchforks/ (Italy)
http://armstrongeconomics.com/2013/12/11/why-switzerland-is-a-no-go/ (Switzerland future problem)
http://armstrongeconomics.com/2013/12/05/venezuela-currency-in-free-fall/ (Venezuela currency crisis)
http://armstrongeconomics.com/2013/12/04/chinas-no-fly-zone-confronting-japan-usa/ (China vs. Japan+U.S.A.)
http://armstrongeconomics.com/2013/12/03/ukraine-maybe-the-most-important-country-to-watch/http://armstrongeconomics.com/2013/11/23/breakup-of-great-britain-309-year-cycle/ (Scotland to separate from UK)
http://armstrongeconomics.com/2013/11/23/real-estate-outside-usa/ (Indonesian bubble)
http://armstrongeconomics.com/2013/11/19/latvia-joins-euro/ (Latvia to join the EU confiscation)
http://armstrongeconomics.com/2013/11/18/civil-unrest-in-saudi-arabia/ (Saudi Arabia)
http://armstrongeconomics.com/2013/11/17/european-civil-unrest-is-now-widely-expected-by-eu/ (EU-wide riots expected)
http://armstrongeconomics.com/2013/11/16/the-deflation-gripping-spain/ (Spain collapses)
http://armstrongeconomics.com/2013/11/16/fix-syria/ (fixing Detroit & Syria)
http://armstrongeconomics.com/2013/11/15/expect-riots-rise-of-nationalism-after-2015-75-to-pick-up-steam/http://armstrongeconomics.com/2013/11/15/rise-of-dictatorship-in-germany/ (Germany totalitarianism rising)
http://armstrongeconomics.com/2013/11/14/merkel-rejects-referendums-in-germany/http://armstrongeconomics.com/2013/11/14/france-economic-numbers-show-decline-3rd-quarter/ (France, Germany, Euro contagion)
http://armstrongeconomics.com/2013/11/13/euro-germany-trade/http://armstrongeconomics.com/2013/11/11/crabs-in-a-bucket/http://armstrongeconomics.com/2013/11/13/medicare-is-seizing-estates-of-anyone-over-55/ (U.S.A. confiscation underway)
http://armstrongeconomics.com/2013/11/09/the-border-of-hell/ (U.S.A. totalitarianism rising)
http://armstrongeconomics.com/2013/11/06/slovakia-is-subject-to-eu-bail-ins-imf-seizures/ (Slovakia is enjoined in the EU confiscation)
http://armstrongeconomics.com/2013/11/06/million-mask-march/ (Million Mask March)
http://armstrongeconomics.com/2013/10/28/italy-continued-political-chaos/ (Italy political chaos)
http://armstrongeconomics.com/2013/10/26/israel-raising-taxes/ (Israel)
http://armstrongeconomics.com/2013/10/06/russia-nationalizing-pensions/http://armstrongeconomics.com/2013/10/04/france-makes-it-illegal-to-close-your-company/http://armstrongeconomics.com/2013/10/04/real-estate-boom-in-switzerland-singapore-elsewhere/ (U.S.A. Q.E. ends up in global real estate bubble which will collapse after 2015.75)
http://armstrongeconomics.com/2013/10/03/india-killing-the-goose-that-laid-the-golden-egg/http://armstrongeconomics.com/2013/09/16/poland-protesting-unemployment/ (Poland)
http://armstrongeconomics.com/2013/09/12/return-of-the-crusades-2024-8/ (Egypt)
http://armstrongeconomics.com/2013/09/07/cypriot-economy-headed-toward-depression/ (Cyprus)
Even USA (core economy) is projected to go
over 25% official unemployment within a decade. And
actual unemployment is double official unemployment rate, because part-timers and people who gave up on finding a job are not counted as unemployed.